GOVDOC
/ 95^9 -to
BOSTON PUBLIC LIBRADv
'J i^agg 06315 980 8
STATISTICS OF INCOME .
Y
. 1959-60
^^ BOSTON PUBLIC UBRARY
GOVERNMENT DOCUMENTS DEPARTMENT
RECEIVED
t
MAY 0 7 1999
SOLE PROPRIETORSHIPS
PARTNERSHIPS
CORPORATIONS
with accounting periods ended
July 1959-June 1960
\
OCCIDENTAL COLLEGE
:P 19' 1962
\
LIBRARY
DEPOSJTORy
U.S. TREASURY DEPARTMENT • INTERNAL REVENUE SERVICE
REVENUE
■ZW
100™ ui«-j«a
ANNIVERSARY
Statistics of Income / 1959-60
U.S. Business
• Sole Proprietorships
• Partnerships
• Corporations
TAX RETURNS
Prepared under the direction of the
Commissioner of Internal Revenue
by the Statistics Division
U.S. TREASURY DEPARTMENT • INTERNAL REVENUE SERVICE
Publication No. 438 (8-62)
INTERNAL REVENUE SERVICE
Mortimer M. Caplin, Commissioner
Bertrand M. Harding, Deputy Commissioner
ftiiLLiAM H. Smith, Assistant Commissioner (Planning and Research)
Statistics Division:
Ernest J. Engquist, Jr., Director
James M. Jarrett, Assistant Director
Thomas F. McHugh, Chief, Income, Finance, and health Branch
James N. Harris, Statistician
UNITED states
GOVERNMENT PRINTING OFFICE
WASHINGTON : 1962
For sale by the Superintendent of Documents, U. S. Government Printing Office, Washington 25, D. C. - Price $1 (paper cover)
LETTER OF TRANSMITTAL
Treisurt Department,
Office of Commissioner of Internal Revenue,
Washington, D. C, July 18, 1962.
Dear Mr. Secretary:
I am transmitting the Statistics of Income— 1959-60 , U. S. Business
Tax Returns. This report was prepared in partial fulfillment of the
requirements of section 6108 of the Internal Revenue Code of 1954- which
specifies that statistics be prepared aimually with respect to the
operation of the income tax laws. The statistics in this volume are
taken from the returns filed by sole proprietorships, partnerships, and
corporations, for accounting peri'ods ended July 1959 through June 1960.
This report shows detailed business income and expense data for sole
proprietorships and partnerships. It also contains information about
the methods sole proprietors and partners use to compute depreciation.
In addition, detailed statistics from partnership balance sheets are
incl\ided. Corporation data are shown that complement the statistics for
sole proprietorships and partnerships. However, corporation data in
much greater detail are published in the report entitled. Statistics of
Income — 1959-60, Corporation Income Tax Returns.
Coomissioner of Internal Revenue
Hon. Douglas Dillon,
Secretary of the Treasury.
Ill
CONTENTS
Page
Guide to basic tables - by subject 3
U. S. Business Tax Returns, 1959-60 5
Business receipts • 5
Profits 6
Depreciation 7
Inventory 7
Other new data 8
Balance sheet data 9
Small business corporations 9
Industrial classification 9
Changes in tax legislation 9
Sources of the data 9
Explanation of terms 10
Basic tables:
Sole proprietorships 15
Partnerships • '^3
Corporations 101
Description of the sample and limitations of the data 125
Historical data 137
Facsimiles of forms used, 1959 K7
U.S. Business Tax Returns,
July 1959 - June I960
Table
Page
No.
No.
1
16
2
18
3
25
4
27
5
28
6
33
7
3<i
8
39
GUIDE TO BASIC TABLES ... BY SUBJECT
SOLE PROPRIETORSHIPS
Number of Businesses, Receipts, and Profits, Arranged by:
Industry <> .
Size of Business Receipts
Size of Net Profit
Inventory Reporting Patterns
Cost of Goods Sold and Business Expenses
Depreciation Methods:
By Industry
By Size of Business Receipts
By Size of Depreciation Claimed
Historical Data 35 KO
PARTNERSHIPS
Number of Active Partnerships, Receipts, and Profits, Arranged by:
Industry
Size of Business Receipts
Size of Net Profit
Income Statements:
By Industry
By Size of Business Receipts
Balance Sheets:
By Industry
By Size of Total Assets
Inventory Reporting Patterns
Cost of Goods Sold
Year of Organization
Accounting Period
Depreciation Methods:
Use of Additional First-Year Depreciation Allowance
By Industry
By Size of Business Receipts
By Size of Net Profit
Historical Data 36 1<42
CORPORATIONS
Number of Active Corporation Returns, Receipts, and Profits, Arranged by:
Industry
Size of Business Receipts
Size of Net Income
Size of Total Assets
Inventory Reporting Patterns
Depreciation Methods
Historical Data
SMALL BUSINESS CORPORATIONS
Number of Small Business Corporation Returns, Receipts, and Profits, Arranged
by Industry 26 102
Balance Sheet and Income Statement Items:
By Industry 32 117
By Size of Total Assets 34 124
Year of Incorporation 33 123
9
44
10
46
11
54
12
58
13
64
1^,
17
65, 82
15,
16
70, 71
18
83
19
84
20
85
21
88
22
89
23
90
24
92
25
96
26
102
27
104
28
107
29
110
30
115
31
116
37
144
Highlights
1959-60
Number of sole proprietorships
increased 4 percent over
1958-59 to 9,142,359.
Number of active partnerships
decreased 0.5 percent since
1958-59 to 949,396.
Number of active corporations
rose 8 percent over 1958-59 to 1, 074, 120,
the first time over one million.
Total business receipts
exceeded $1, 000, 000, 000, 000 for the first time.
The corporate share was $773, 000, 000, 000 and the
unincorporated share $253, 000, 000. 000.
Net profits
added up to $77, 100, 000, 000. Sole proprietorships
earned $21, 500, 000, 000; partnerships $8, 800, 000, 000;
corporations $46, 800. 000, 000.
U.S. BUSINESS TAX RETURNS, 1959-60
Summarized in this report are financial statistics
for 11,165,875 business organizations: 9,14-2,359
sole proprietorships, 94-9,396 partnerships, and
1,074-, 120 corporations. The statistics were derived
from samples of unaudited income tax and informa-
tion returns filed for accounting periods ended
July 1959 through June 1960. The report shows, for
each legal form of organization, the number of
businesses, receipts, and profits classified by in-
dustry, by size of business receipts, and by size
of net profit. Sole proprietorship business ex-
penses, depreciation methods, inventory reporting
patterns and cost of goods sold data are shown in
detail. The partnership section of the report
features inventory reporting patterns, depreciation
methods, detailed statistics for cost of goods sold
and, for the first time since 1953-5-4, balance sheet
data for selected industries. Corporation data
complement the statistics presented for sole pro-
prietorships and partnerships.
Chart 1 of this report relates the number of firms
to the business receipts reported by each type of
business organization. Chart 2 and table A show
the use of each type of business organization by
industrial division. Table B provides national
totals from the returns these three types of busi-
ness organizations filed in two recent income
periods: accounting periods ended July 1959 through
June 1960 and July 1958 through June 1959. For
these two recent periods tables C, D, and E provide
summary data for each type of business organization
by industrial division.
BUSINESS RECEIPTS
During 1959-60, business receipts for the three
forms of business organizations exceeded $1,000,-
000,000,000. Unincorporated business receipts ap-
proximated $253,000,000,000, corporation receipts,
$773,000,000,000. Business receipts of most firms
represent payments received mainly form the sale of
products and services. Receipts flowing from these
sources to the three forms of business organizations
are summarized in table F by industrial division.
Where receipts from rents, interest, dividends,
or other investment income are substantial in
Table A.— SOLE PROPRIETORSHIPS, PARTNERSHIPS, AND CORPORATIONS:
OF BUSINESSES BY INDUSTRIAL DIVISION, 1959-60
Industrial dlvleion
All Indufltrial dlvialonfl...
Agriculture, forestry and
f laheriea
Mining
Construction
Manufacturing
Transportation, connuuBlcatlon,
and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
Wholesale and retail trade
not allocable
Finance, Instirance, and real
estate
Services
Nature of buslnesa notallocable
Total
number of
businesses
(1)
3,662,408
59,912
779,706
391,067
344,371
2,548,324
429,167
2,022,796
196,361
950,760
2,250,198
79,129
Unincorporated businesses
(2)
10,091,755
3,646,805
46,992
713,446
234,770
301,176
2,313,607
319,519
1,823,172
170,916
632,168
2,140,193
62,598
Sole
propri-
etorships
(3)
9,142,359
3,505,090
33,691
646,316
186_,901
283,553
2,009,785
269,063
1,582,002
158,720
446,995
1,979,695
50,333
Part-
nerships
C4)
141,715
13,301
67,130
47,869
17,623
303,822
50,456
241,170
12,196
185,173
160,498
12,265
Corpo-
rations
(5)
1,074,120
15,603
12,920
66,260
156,297
43,195
334,717
109,648
199,624
25,445
318,592
110,005
16,531
Chart L-
-NUMBER AND BUSINESS RECEIPTS FOR SOLE PROPRIETORSHIPS,
PARTNERSHIPS AND CORPORATIONS, 1959-60
NUMBER OF BUSINESSES
BUSINESS RECEIPTS
fjrjllion.j
(aHlions of dollars)
10 8
6 V 2
0 200 100 eoo
800
1
—
^^^^H Sole Proprietorships
1
^^9H Active Partnerships
Active Corporations
mtt^^^^^M
I
'
Table B.— SOLE PROPRIETORSHIPS, PARTNERSHIPS,
AND CORPORATIONS: NUMBER, BUSINESS RECEIPTS, DEPRECIATION, NET PROFIT. AND INVENTORY, END-OF-YEAR
1959-60 AND 1958-59
Selected Items
Total business
organizations
Iftilncorporated businesses
Sole proprietorships
1959-60
1958-59
Corporations
Partnerships
(1)
Business organizations —
With and without net profit:
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Number
Business receipts million dollars.
Depreciation do
Net profit (less loss)^ do
Inventory, end-of-year do..'
With net profit:
Number
Business recelpta. million dollars.
Depreciation do
Net profit ^ do
Inventory, end-of-year do
11,165,875
1,026,166
^29Al-0
77,15»
104,563
:, 649, 361
908,788
24,44«
86,081
92,165
10,743,932
938,228
27,388
67,417
96,028
8,531,993
815,117
22,422
75,916
82,657
10,091,755
253,251
9,017
30, 362
16,355
226,601
6,856
34,429
14,037
9,753,551
241,634
8,711
28,894
16,062
7,920,862
215,541
6,840
32,427
13,731
9,142,359
176,205
6,914
21,517
10,598
7,219,608
156,773
5,260
24,709
6,958
163,399
6,694
20,778
10,049
147,452
5,223
23,339
8,724
949,396
77,047
2,103
8,345
5,757
759,172
69,828
1,596
9,721
5,079
953,840
78,235
2,017
8,116
6,012
765,450
68,089
1,617
9,037
5,007
1,074,120
772,915
20,494
46,797
88,208
670,581
682,186
17,592
51,651
78,128
(10)
990,381
6%,594
18,677
38,523
79,966
611,131
599,576
15,583
43,490
68,926
^For corporations, net Income (less deficit).
^For corporations, net income.
NOTE: Amounts are rounded and may not add to total.
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table C— SOLE PROPRIETORSHIPS: NUMBER, BUSINESS RECEIPTS, AND NET PROFIT, BY INDUSTRIAL DIVISION, 1959-60 AND 1958-59
Number of busine
sses
Business receipts
Net profit (less loss)^
Industrial division
1959-60
1958-59
Percent
increase or
decrease (-)
1959-60
(Hillion
1958-59
dolUrt)
Percent
increase or
decrease (-)
1959-60
(mttion
1958-59
(mtlion
dotUrm)
Percent
increase or
decrease (-)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
All industrial divisions
9,142,359
8,799,711
3.9
176,205
163,399
7.8
21,517
20,778
3.6
3,505,090
33,691
646,316
186,901
283,553
2,009,785
269,063
1,582,002
158,720
446,995
1,979,695
50,333
3,489,164
35,413
6<X,910
179,967
290,225
1,880,131
255,457
1,552,566
72,108
436,296
1,825,988
57,617
0.5
-4.9
6.8
3.9
-2.3
6.9
5.3
1.9
120.1
2.5
8.4
-12.7
27,816
1,005
15,719
6,726
4,045
92,390
19,084
66,167
7,139
4,407
23,481
616
25,9U
1,287
13,562
6,324
3,930
85,158
16,856
63,811
4,491
6,107
20,710
408
7.3
-21.9
15.9
6.4
2.9
8.5
13.2
3.7
59.0
-27.8
13.4
51.0
2,914
'5
1,980
627
554
5,782
1,169
4,122
491
1,505
8,084
77
4,017
4
1,691
609
545
5,281
1,122
3,9U
248
1,364
7,190
77
-27.5
(')
Construction
17.1
3.0
Transportation, communication, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
Wholesale and retail trade not allocable
1.5
9.5
4.2
5.4
97.9
10.3
12.4
Nature of business not allocable
-0.4
^See Explanation of Terms "Net profit (or loss). Sole Proprietorships" for brief explanation of net profit,
^Net loss.
^Percent not applicable.
NOTE; Amounts are rounded and may not add to total. Percentages in coliinms (6) and (9) are computed on values to nearest thousand dollars.
Table D.— ACTIVE PARTNERSHIPS: NUMBER, BUSINESS RECEIPTS, AND NET PROFIT, BY INDUSTRIAL DIVISION, 1959-60 AND 1958-59
Industrial division
Number of businesses
Percent
increase or
decrease (-)
Business receipts
(Million
dollars)
(Million
dolUra)
Percent
increase or
deoreaae^(-'
Net profit (less loss)^
1959-60
(Million
dollar»)
1958-59
(Million
dollar*)
Percent
Increase or
decrease (-)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
All industrial divisions.
949,396
953,840
-0.5
77,047
78,235
8,845
Agriculture, forestry, and fisheries
Mining
Construction
Manufacturing
Transportation, conmunlcation, and sanitary services.
Wholesale and retail trade
Wholesale trade
Retail trade
VAiolesale and retail trade not allocable
Finance, insurance, and real estate
Services
Nature of business not allocable
Ul,715
13,301
67,130
47,869
17,623
303,822
50,456
241,170
12,196
185,173
160,498
12,265
144,915
18,075
60,945
50,745
17,198
317,656
48,884
250,629
18,143
168,960
162,881
12,465
-2.2
-26.4
10.1
-5.7
2.5
-1.4
3.2
-3.8
-32.8
9.6
-1.5
-1.6
4,307
957
7,788
7,703
1,106
41,660
U,565
24,882
2,213
4,217
9,044
265
4,243
1,034
7,338
8,007
1,048
42,920
15,116
25,379
2,425
4,483
8,927
234
1.5
-7.5
6.1
-3.8
5.5
-2.9
-3.7
-2.0
-8.8
-6.0
1.3
13.1
589
26
713
650
132
2,529
701
1,692
137
1,201
2,964
42
595
=60
679
628
125
2,217
609
1,471
137
1,161
2,718
52
(')
5.0
3.4
5.0
lA.l
15.0
15.0
0.2
3.4
9.0
-19.4
^See Explanation of Terms "Net profit (or loss). Partnerships" for brief explanation of net profit.
^Net loss.
^Percent not applicable.
NOTE: Amounts are rounded and may not add to total. Percentages in columns (6) and (9) are computed on values to nearest thousand dollars.
Table E.— ACTIVE CORPORATION RETURNS: NUMBER, BUSINESS RECEIPTS, AND NET INCOME, BY INDUSTRIAL DIVISION, 1959-60 AND 1958-59
Industrial division
Number of businesses
Percent
increase or
decrease (-)
Business receipts
(Kiltian
dotlmra)
(Million
Ooltart)
Percent
increase or
decrease (-)
Net income (less deficit)^
(milion
datlata)
1958-59
(Million
dotl»r»)
Percent
Increase or
decrease (r)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
78)
(9)
All industrial divisions.
1,074,120
990,381
8.5
772,915
696,594
11.0
46,797
38,523
21.5
Agriculture, forestry, and fisheries
Mining
Construction
Manufacturing
Transportation, communication, electric, gas, and sanitary services...
Wholesale and retail trade
Wholesale trade
Retail trade
Wholesale and retail trade not allocable
Finance, insurance, and real estate
Services
Nature of business not allocable
15,603
12,920
66,260
156,297
43,195
334,717
109,648
199,624
25,445
318,592
UO,0O5
16,531
13,945
12,117
59,847
150,696
37,920
3U,477
102,342
186,405
22,730
293,928
97,200
13,251
11.9
6.6
10.7
3.7
13.9
7.5
7.1
7.1
11.9
8.4
13.2
24.8
3,677
9,897
31,682
356,972
60,609
252,868
124,124
U8,156
10,587
3«,062
20,954
194
3,455
9,629
28,U8
324,135
54,503
225,737
110,830
105,251
9,657
33,054
17,741
193
6.4
2.8
12.6
10.1
11.2
12.0
12.0
12.3
9.6
9.1
18.1
0.5
106
646
579
24,986
6,791
5,567
2,563
2,763
241
7,152
968
2
144
832
659
18,500
5,722
4,425
1,988
2,239
198
7,487
753
1
-26.3
-23.4.
-12.1
35.0
18.7
25.8
28.9
23.4
21.9
-4.5
28.6
104.6
^See Explanation of Terms "Net income (or deficit). Corporation returns" for brief explsnatlon of income.
NOTE: Amounts are rounded and may not add to total. Percentages in columns (6) and (9) are computed on values to nearest thousand dollars.
amount, as they are for corporations engaged in
financial activities, "Total compiled receipts"
provides another measure of gross payments. This
measure is included in the basic tables in the cor-
porations section of this report, and defined more
fully in the "Explanation of Terms."
PROFITS
Net profit for the three forms of business orga-
nization was $77, 000, 000, 000 in 1959-60, an increase
of approximately $10,000,000,000 over 1958-59.
Table G shows net profit totals for each form of
business in each industrial division. Of the net
profit reported for unincorporated businesses. Ser-
vice industries had 36 percent and firms in Trade
had 27 percent of reported profits. More than half
the net profit reported by corporations was in
Manufacturing.
Net profit data for the three forms of business
organizations are not strictly comparable. For
sole proprietorships, net profit represents the
owners entire return from the enterprise. Net
profit for active partnerships is in addition to
compensation in the form of guaranteed payments
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
Chart 2.— NUMBER OF BUSINESSES: PERCENTAGE BY
INDUSTRIAL DIVISION, 1959-60
(All industrial
dlvlslonsrlOOM
<s-^"
Agriculture, forestry, r\
and fisheries V
Table F.— SOLE PROPRIETORSHIPS, PARTNERSHIPS, AND CORPORATIONS:
BUSINESS RECEIPTS BY INDUSTRIAL DIVISION, 1959-60
Industrial division
Total
business
receipts
(1)
Unincorporated businesses
(2)
Sole
propri-
etorships
(3)
Part-
nerships
(1)
Corpo-
rations
(5)
(KItllon dolUrm)
1,026,166
35,300
U,859
55,189
371,402
65,760
386,917
157,773
209,205
44,686
53,479
1,075
253,251
32,123
1,962
23,507
14,429
5,151
134,049
33,649
91,049
8,624
32,524
882
176,205
27,816
1,005
15,719
6,726
4,045
92,390
19,084
66,167
4,407
23,481
616
77,047
4,307
957
7,788
7,703
1,106
41,660
14,565
24,882
4,217
9,044
265
772,915
3,677
9,897
31,682
356,973
60,609
252,868
124,124
118,156
10,587
36,062
20,954
194
All industrial divisions
Agriculture, forestry, and fisheries.
Mining
Construction
Manufacturing
Transportation, connminlcation, and
sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
Wholesale and retail trade not
allocahle
Finance, insurance, and real estate
Services
Nature of business not allocable...
NOTE: AJDOunts are rounded and may not add to totals
to partners for services and capital; and wages and
salaries of corporate employees, some of whom may
be stockholders, are deducted in arriving at net
income. For further clarification of these differ-
ences, see the paragraphs on net income (or deficit)
and net profit ( or loss) in the section on "Expla-
nation of Terms" and the instructions for completing
a schedule C and return Forms 1065 and 1120 repro-
duced in the back of this report.
DEPRECIATION
Depreciation claimed by sole proprietorships,
partnerships, and corporations was $29, 500, 000, 000
during 1959-60. Of this amount, unincorporated
businesses claimed $9,000,000 while coiporations
claimed $20,500,000,000 or approximately 69 per-
cent. Within the unincorporated segment, approxi-
Table G.— SOLE PROPRIETORSHIPS, PARTNERSHIPS, AND CORPORATIONS: NET
PROFIT (LESS LOSS) BY INDUSTRIAL DIVISION, 1959-60
Industrial division
All industrial divisions.
Agriculture, forestry, and fisheries.
Mining
Construction
Manufacturing
Transportation, conmunication, and
sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
Wholesale and retail trade not
allocable
Finance, insurance, and real estate..
Services
Natiire of business not allocable..'.
Total
net profit
(less loss)
(1)
Unincorporated businesses
(2)
Sole
propri-
etorships
(3)
Part-
nerships
(i)
Corpo-
rations
(5)
(tilltan dellmra)
77,159
3,609
657
3,272
26,263
7,476
13,878
4,433
8,577
9,859
12,016
120
30,362
3,503
21
2,692
1,277
685
8,311
1,870
5,814
627
2,706
11,048
118
21,517
2,914
H
1,980
627
554
5,782
1,169
4,122
1,505
8,084
77
589
26
713
650
2,529
701
1,692
1,201
2,964
42
46,797
106
646
579
24,986
6,791
5,567
2,563
2,763
7,153
968
2
^Net loss exceeds net profit.
NOTES; Amounts are rounded and may not add to totals.
Net profits for the three forms of business organization are not strictly
comparable . See second paragraph on profits .
Table H. — SOLE PROPRIETORSHIPS, PARTNERSHIPS, AND CORPORATIONS:
DEPRECIATION BY INDUSTRIAL DIVISION, 1959-60
Industrial division
All industrial divisions.
Agriculture, forestry, and fisheries..
Mining
Construction
Manufacturing
Transportation, coimnunication, and
sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
Wholesale and retail trade not
allocable
Finance, insurance, and real estate.
Services
Nature of business not allocable....
Total
depreci-
tion
(1)
Unincorporated businesses
(2)
Sole
propri-
etorships
(3)
Part-
nerships
{^)
Corpo-
rations
(5)
(Million doltmra)
29,511
3,549
876
1,253
9,634
5,283
3,740
984
2,470
2,435
2,702
40
9,017
3,385
185
651
406
474
1,770
337
1,261
172
671
1,442
33
6,914
3,073
94
416
233
399
1,335
225
966
226
1,113
23
3ia
91
234
173
435
112
296
445
328
10
20,494
164
691
602
9,228
1,969
647
1,208
1,763
1,260
7
NOTE: AJDoujits are rounded and may not add to totals.
mately $7,000,000,000 in depreciation was claijned
by sole proprietorships and $2, 000, 000, 000 by active
partnerships. Text table H contains summary depre-
ciation data derived from the returns of each type
of business organization, by industrial division
for apcounting periods ended July 1959 through June
1960.
This report contains new data about the methods
used by sole proprietorships and partnerships to
compute the amount of depreciation claimed. The
data are summarized in tables I and J. More com-
plete information about depreciation methods used
by sole proprietorships is contained in basic tables
6, 7, and 8. For active partnerships, the new data
about depreciation methods are shown in basic
tables '23, 2A, and 25.
In the section containing the description of the
statistical sample, table T contains estimates of
the numbers of sole proprietorship and partnership
returns showing depreciation by industrial division.
Associated with each frequency estimate is a meas-
ure of its sampling variability.
INVENTORY
End-of-year inventory reported by the three forms
of business organization totaled $105,000,000,000.
Unincorporated firms held inventories valued at
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table I . —SOLE PROPRIETORSHIPS: NUMBER OF BUSINESSES AND DEPRECIATION CLAIMED, BY INDUSTRIAL DIVISION AND DEPRECIATION METHOD, 1959-50
Total
niimber of
businesses
Number of
businesaes
without
depreciation
Businesses with
depreciation
Total depreciation
Straight-line method
Other reported methoda
Induatrlal division
Number of
buslneeses
Amount
(nation
dollmrg)
NuiDber of
businesses
Amount
(Mittion
dollsri)
Number of
businesses
Amount
(Kit lion
dottarmi
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
9,142,359
3, 505, 090
33, 691
646,316
186, 901
283,553
2,009,785
269, 063
1,582,009
158, 720
446,995
1,979,695
50, 333
2,491,799
778,817
7,015
227, 297
40,510
63,021
547, 289
83,559
420, 862
42,868
146,801
656, 082
24,967
6, 650, 560
2,726,273
26,676
419,019
146, 391
220, 532
1,462,496
185,504
1, 161, 140
115,852
300, 194
1,323,613
25, 366
6,914
3,073
94
416
233
399
1,335
225
966
144
226
1,U3
23
5, 582, 253
2, 310, 339
17,402
358, 735
122,185
180, 854
1, 231, 870
145,081
988,917
97,872
241,221
1,100,852
18,795
5,150
2,424
41
297
156
275
986
141
740
105
149
807
17
837,810
277,364
8,484
52,476
23,761
28,554
185, 535
34,657
135,808
15,070
46,800
2U,346
1,263
1,020
298
31
87
52
92
218
57
134
27
42
196
4
NOTE: The number of sole proprietorships reporting depreciation xds^ be less than the number of sole proprietorships reporting depreciation methods because frequently a sole
proprietorship will use more than one method of depreciation. The number of unreported depreciation methoda is not shovm (see table 6) . Total depreciation {column i), however,
includes the amount of related depreciation.
Table J. —ACTIVE PARTNERSHIPS: NUMBER OF PARTNERSHIPS AND DEPRECIATION CLAIMED, BY INDUSTRIAL DIVISION AND DEPRECIATION METHOD, 1959-60
Total number
of active
partnerships
Number of
partnerships
without
depreciation
Partnerships with depreciation
Total depreciation
Straight-line method
Other reported methods
Industrial division
Number of
partnerships
Amount
(Mitlion
dollars)
Number of
partnerships
Amount
(Mittion
dot tart)
Number of
partnerships
Amount
(mttion
dot tar ai
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
949,396
141,715
13,301
67,130
47,869
17, 623
303,822
50,456
241, 170
12,196
185, 173
160,498
12,265
183,968
29,145
2,988
13,594
5,985
1,894
47, 191
11, 227
X,438
1,526
48, 320
28,754
6,097
765, 428
112, 570
10,313
53, 536
41,884
15,729
256, 631
39, 229
206,732
10, 670
136,853
131,744
6,168
2,103
311
91
234
173
75
435
112
296
27
445
328
10
647,143
93,782
7,883
46,856
36,395
13,078
222,466
33,531
130,085
8,830
109,375
112,354
4,954
1,240
212
38
97
102
44
306
71
218
18
263
171
6
241,585
41, 329
4,285
16,109
16, 655
5,499
71,234
15,069
52,412
3,753
41,611
43, 8U
1,052
753
89
45
103
70
30
120
39
72
8
179
118
3
NOTE: The number of partnerships reporting depreciation may be less than the number of partnerships reporting depreciation methods because frequently a partnership will use more
than one method of depreciation. The number of unreported depreciation methods is not shown (see table 23). Total depreciation (column A), however, includes the amount of re-
lated depreciation.
approximately $16,000,000,000, mainly in stocks used
in Wholesale and retail trade. Manuf actiiring cor-
porations held $55,000,000,000 of the $88,000,000,-
000 total inventory investment shown on corporation
returns. Tables 4, 18, and 30 contain information
about inventory reporting patterns, that is whether
inventory data are reported at both beginning- and
end-of-year, beginning-of-year only, and end-of-year
only. Adjustments have not been made to these data
to correct for any underreporting of inventories on
the return forms.
Table K. — SOLE PROPRIETORSHIPS AND ACTIVE PARTNERSHIPS: DEPLETION AND
AMORTIZATION, BY INDUSTRIAL DIVISION, 1959-60
Industrial division
All Industrial divisions.
Agriculture, forestry, and fisheries.
Mining
Crude petroleum and natural gas....
Other raining, and quarrying
Construction
Manufacturing
Transportation, communication, and
sanitary services
Wholesale and retail trade
Finance, insurance, and real estate..
Services
Nature of business not allocable
Depletion
(1)
Sole
proprie-
torships
(2)
Partnerships
(3)
Amortiza-
tion, sole
proprie-
torships^
(4)
(Thouaand dottara)
239,012
26,605
138,458
118,284
20,174
7,475
13,876
(M
15,193
31,397
4,227
(')
119,378
22,528
70,783
68,154
2,629
5,644
3,175
(')
10,550
4,258
1,556
(')
119,634
4,077
67,675
50,130
17,545
1,831
10,701
l')
4,643
27,139
2,671
(')
47,784
6,276
(')
(')
(')
10,853
979
1,662
14,841
2,036
10,857
(')
^No reliable estimate of the sampling variability can be obtained from the sample.
Data, however, are included in the totals of all induatrlal divisions.
^Amortization data are not available for partnerships as no reliable estimate of the
sampling variability can be obtained from tiie sample.
OTHER NEW DATA
Estimates of the amount of depletion claimed by
unincorporated businesses, and the amortization
claimed by sole proprietorships, are summarized in
text table K by industrial division. The data
appearing in this text table are estimates of the
total depletion and amortization shown as a busi-
ness deduction on the first page of schedule C or
Form 1065. A copy of each, and the instructions
for completing schedule C and Form 1065 are repro-
duced in the back of the report.
The extent to which farmers who filed schedule F
used the cash or accrual accounting method in
computing their income is indicated in table L. The
accrual method was used in only 3 percent of these
schedules.
Table L— SOLE PROPRIETORSHIPS— AGRICULTURAL INDUSTRIES: NUMBER OF
BUSINESSES IN AGRICULTURE, FORESTRY, AND FISHERIES, BY ACCOUNTING
METHOD, 1959-60
Total
Schedule F:
Cash method • • •
Accrual method
Schedule C
Number of businesses
(1)
2,800,769
89,815
(2)
3,386,880
2,800,769
89,815
Other
agriculture,
forestry, and
fisheries
(3)
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
BALANCE SHEET DATA
The balance sheet information in this report was
prepared only for partnership and corporation re-
turns. Sole proprietorships are not required to
file balance sheets. Only 44 percent of 1959-60
partnership returns contained balance sheet infor-
mation. Table 17 in the partnership section shows
the number and percentage of partnerships in each
industry that reported balance sheet data. On the
other hand, most corporations include their balance
sheets as part of the return and estimates were
made for the relatively few corporations on which
balance sheet information was incomplete.
SMALL BUSINESS CORPORATIONS
In 1959-60, for the first time, the number of
active corporation returns edged over the million
mark. Included in the total were 71,140 Form 1120-S
returns filed by corporations electing to have cor-
poration profits taxed at the shareholder level.
The provisions of the Technical Amendments Act of
1958 which authorized the election of shareholders
to have corporate profits taxed directly at the
shareholder level became effective for taxable
years beginning after December 31, 1957. Therefore,
1959-60, which covers accounting periods ended
July 1959 through June 1960, represents the first
complete set of twelve reporting periods for which
Form 1120-S returns could be filed. In order to
qualify for filing a return under subchapter S of
this Act, a corporation must:
1. Be a domestic corporation with no more than
ten shareholders.
2. Be owned entirely by shareholders who are
individuals (or estates). Shareholders may not be
nonresident aliens.
3. Have only one class of stock.
4. Not be a member of an affiliated group eligible
to file a consolidated return.
5. Not receive more than 20 percent of its gross
receipts from personal holding company income (rents,
royalties, dividends, interest, annuities, and gains
from sales or exchanges of stock or seciirities).
6. Not receive more than 80 percent of its gross
receipts from sources outside the United States.
Industry, asset size and year of incorporation
data relating to Small Business Corporations are
shown on tables 32, 33, and 34.
agencies of the United States Government, State
agencies, trade assoications, and private research
organizations.
The Standard Industrial Classification has been
applied to a legal entity or ownership basis for
the Statistics of Income series. The definitions
in the Standard Industrial Classification were used.
Certain combinations were appropriate since the
Standard Industrial Classification contains more
than 900 industries. For this report, these are
combined to form 76 industrial groups for sole pro-
prietorships, 69 for partnerships, and 60 for
corporations. The industry classifications for un-
incorporated businesses are most detailed in the
trade and service industries. Corporation classifi-
cations provide greater detail in the Manufacturing
division.
Each return or schedule is classified according
to the business activity accounting for the largest
percentage of all receipts. For example, although
a corporation may have numerous activities, the
data for each retiirn are attributed to a single
activity which meets the above criterion. Each
sole proprietorship is classified separately accord-
ing to each business schedule. Two or more busi-
nesses in the same industry, however, reported on
separate schedules by a single taxpayer, are combined
as one. Partnership ret\irns are classified by the
major activity of the partnership.
CHANGES IN TAX LEGISLATION
The few provisions of the Life Insurance Company
Income Tax Act of 1959 which did not become effec-
tive until January 1, 1959, are the only changes
in law significant to the statistics in this report.
Most of the provisions of the Act were retroactive
to the 1958 income tax returns of life insurance
companies.
The provisions which were not effective until
1959 include: the reporting and taxation of cap-
ital gains; the taxation of withdrawals from untaxed
underwriting income set aside by stock life insur-
ance companies imder section 815 of the Internal
Revenue Code; a partial exemption from tax of
income from pension plan reserves; and a tax
adjustment resulting from the required changeover
to an accrual method of accounting.
SOURCES OF DATA
INDUSTRIAL CLASSIFICATION
The industrial classification used for all Sta-
tistics of Income reports conforms to the 1957
edition of the Standard Industrial Classification
Manual developed by the Office of Statistical
Standards, Bureau of the Budget, Executive Office
of the President.
The Standard Industrial Classification was devel-
oped for use in the classification of establishments
by type of activity in which engaged, to facilitate
the collection, tabulation, presentation, and anal-
ysis of data relating to establishments, and for
promoting uniformity and comparability in the pre-
sentation of statistical data collected by various
Returns and Schedules Used
Sole proprietorships.'— Data in these published
tables relate to businesses and professions carried
on by individuals reporting on the business sched-
ule C, the farm schedule F, or the taxpayer's
equivalent schedule attached to return Form 1040
for the income year 1959-60. The accounting period
ran primarily from January 1 to December 31, 1959,
with some noncalendar year exceptions. An individ-
ual 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 $400 or more.
10
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Active partnerships. — A partnership is not taxed
as a legal entity, but an information return Form
1065 must be filed. Each partner is taxed, however,
on his distributive share of the total partnership
income, whether or not the distribution has actually
been made. As defined in the Internal Revenue Code,
a partnership can be a syndicate, joint venture,
pool, or other unincorporated business organization
which carries on any business or venture and which
is not, within the meaning of the Internal Revenue
Code, a trust, estate, or corporation.
Active corporation returns. — Domestic and resi-
dent foreign corporations, except charitable and
other civic and business organizations expressly
exempt from taxation under section 501 of the
Internal Revenue Code of 195-4, must file income tax
returns, whether or not they transacted business
during the current year. Corporation data were ob-
tained from returns in the Form 1120 series, i.e.,
1120, 1120-L, 1120-M, and 1120-S, filed by active
nonexempt corporations. The number of such returns
differs from the total niomber of corporations in
existence for two reasons: first, inactive corpo-
rations are not included in the figures in this
report, and second, the effects of the consolidated
filing privilege. The Internal Revenue Code permits
affiliated groups of corporations to file one con-
solidated return, combining all income, expenses,
and balance sheet data on that return. For 1959-60
there were 14,951 subsidiaries listed on ^+,060
returns filed by parent corporations. No attempt
is made in this report to determine income and
expense components of subsidiaries.
Description of the Sample
A description of the statistical sample used to
develop the estimates is contained in a separate
section. Also described are the limitations that
must be applied when analyzing these data.
EXPLANATION OF TERMS
Where different terms are used on return forms and
schedules to describe items similar in nature, a
common term is used in this report to denote these
items. One such term is "business receipt" which
applies to "total receipts" on the business schedule
for Form 10<40, "gross receipts" on the partnership
Form 1065, and "gross sales" and "gross receipts"
on the corporate Form 1120. Another is "net profit"
for sole proprietorships and partnerships, and "net
income" for corporations, which, though treated as
comparable for purposes of this report, are not
precisely so. The return forms and related instruc-
tions are reproduced on later pages in this report
and marked to indicate the sources of the data.
The following explanations are designed to aid the
reader in interpreting the statistical content of
the report and should not be construed as interpre-
tations of the Internal Revenue Code.
Accounts payable
These are short-term liabilities, consisting pri-
marily of obligations created by the purchase of
merchandise, supplies, or services.
Advertising
A deduction for promotional activities directed
toward the sale of goods and services in the course
of the business activity.
Amortization
The law makes special provisions for amortization
of the following kinds of assets and expenditures:
(a) Emergency facilities - Section 168
(b) Grain facilities - Section 169
(c) Research and experimental expenditxares - Sec-
tion 17-4
(d) Exploration expenditures - Section 615
(e) Development expenditures - Section 616
(f) Organizational expenditures - Section 24-8
(g) Trademark and trade-name expenditiires - Sec-
tion 177
Bad debt
A business bad debt may be deducted when there is
reasonable certainty that it is uncollectible, or a
reasonable deduction may be taken through an addi-
tion to a reserve for bad debts. Taxpayers may
elect either method. Once selected, however, the
approval of the Commissioner of Internal Revenue is
necessary to effect a change. A debt which is
deducted as bad, if subsequently collected, must be
reported as income for the year in which collected.
Business receipts
Sole proprietorships. — This is the total receipts
from sales and services less allowances, rebates,
and returns. 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.
Partnerships. — This is computed as gross receipts
or gross sales less returns and allowances. A por-
tion of the income of partnerships engaged in
Finance, insurance, and real estate activities is
not reflected in their business receipts because
separate entries for investment income are provided
on Form 1065. (See definition of Total receipts.)
Corporation returns.— This is computed from gross
receipts less returns and allowances. Throughout
the Finance division, business receipts itemized on
the return were included in specific income items
(e.g., interest, rents) with the exception of rent
reported by real estate operators, which was
treated as business receipts.
Capital gain (or loss)
In computing the capital gain (or loss) from the
sale of capital assets, these assets are defined to
include all property held except: (1) property
properly included in inventory, or held primarily
for sale in the ordinary course of trade or business;
(2) depreciable and real property used in trade or
business; (3) accounts and notes receivable acquired
in the course of trade or business for services
rendered or from sale of property (included in item
(1) above); (4-) any nonforeign government obliga-
tions issued on or after March 1, 1941, on a discount
basis and payable without interest at a fixed
maturity date not exceeding one year from date of
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
11
issue; and (5) certain copyrights, literary, musical
or artistic compositions or similar properties.
Net capital gain from the sale or exchange of prop-
erty used in trade or business may be treated as
flowing from capital assets under the provisions of
section 1231. Net losses resulting from such trans-
actions are to be treated as ordinary losses. The
same reasoning applies to property which undergoes
an involuntary conversion. Casualty losses on un-
insured property or capital assets are excluded in
determining gain or loss from involuntary conver-
sions; i.e., these losses are ordinary losses, and
do not have to be netted against gains under
section 1231.
Losses from sale or exchange of capital assets
are allowed only to the extent of capital gains;
but a net capital loss, reduced by capital gains in
intervening years, may be carried over to the five
succeeding taxable years, or back for three years.
Sole proprietorships by definition, can have no
capital gain or loss. The sole proprietor is con-
cerned only with property directly involved in the
business process. Capital gains or losses on trans-
actions not in the course of business attributable
to the sole proprietor as an individual, would be
reported as such.
Partnerships set aside capital gains or losses
from sales or exchanges of capital assets or prop-
erty. Each partner includes his distributive share
of the capital gain or loss in his own individual
return (Form 1040).
Long-term versus short-term capital gain or loss
. — Capital gains and losses are considered long-
tenn if the capital assets were held for more than
six months prior to the sale of same. Short-tenn
capital gains result from the sale ( or exchange) of
capital assets held six months or less. Both short-
term and long-term losses are deductible from long-
tenn gains when computing the alternative tax ( Code
section 1201) .
Casualty loss
This deduction is for loss due to a sudden,
unusual, or unexpected cause. The amount of loss
deductible is limited to the difference between the
value of the property immediately prior to the
casualty and the value of the property immediately
after the casualty — the difference being reduced by
the insurance coverage which may have been in
effect.
Charitable contributions or gifts
Deductions for charitable contributions are al-
lowed on the corporation returns but sole proprie-
torships and partnerships are not pennitted to take
this as a business deduction. However, as individ-
uals, on Form 104-0, they are allowed this deduction.
For corporations, deductions for charitable con-
tributions are limited by law to 5 percent of the
net income (before this deduction). The deduction
may include a carryover of excess contributions
from the two preceding years. No contributions or
gifts are reported for tax purposes by mutual
insurance companies since, by law, they report only
investment expenses.
Cost of goods sold
This amount is derived from costs most directly
connected with the primary operation of the busi-
ness. It is computed by adding to the opening
inventory, the value of merchandise purchased,
labor, material and supply costs and deducting from
the total the end-of-year Inventories.
Depletable assets
This figure represents, in general, the gross
value of mineral property, oil and gas wells, other
natural deposits, standing timber, and also leases
and leaseholds, each subject to depletion. Accumu-
lated depletion shown as an adjustment to depletable
assets, represents the cumulative decrease in asset
value as of the end of the year.
Depletion
The Internal Revenue Code authorizes a deduction
from income for depletion of a wasting asset such
as a mineral deposit, or a stand of timber, to
recover its cost. Owners, operating or not, lessors,
or taxpayers holding fractional or overriding roy-
alty interests, all may claim this deduction. There
are two basic types of depletion, cost and percent-
age; no distinction between them is made for this
report. The cost method is based on the relation-
ship between the value of the wasting assets "taken
out" and the estimated number of units in the
deposit. Percentage depletion, which is not appli-
cable to timber, is computed on a percentage of the
net income or profit, or on receipts, whichever is
smaller. Percentage depletion ordinarily permits
recovery of much more than cost. Percentages vary
with type of deposit, and are set forth in the
Internal Revenue Code.
The depletion allowance is applicable only to in-
come from the extractive process, e.g., no depletion
is allowable on the proceeds of the sale of a coal
mine.
Depreciable assets
This figure as reported by partnerships and cor-
porations, on the end-of-year balance sheet is, in
general, the gross amount of buildings and other
fixed depreciable assets. Depreciable property is
generally defined as tangible assets, such as plant
and equipment having a useful life of more than one
year. Included are assets certified as emergency
facilities which are eligible for amortization. In
some instances, the reported amount includes fully
depreciated or fully amortized assets, and assets
for which no depreciation deduction has been taken,
such as assets under construction.
Depreciation
Deduction of a reasonable allowance is permitted
by law, for the exhaustion or wear and tear of
property used in a trade or business, or of property
held for the production of income. This deduction
is a composite amount resulting from the application
of the following methods of depreciation allowed by
the 1954 Code: straight-line and the accelerated
methods such as declining balance and sum of the
654367 O - 62 ■
12
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
years-digits. The accelerated methods are appli-
cable, in general, to tangible property acquired
after December 31, 1953. Further, an additional
first-year depreciation deduction may be taken for
new or used property purchased after December 31,
1957.
Gross profit (or gross loss)
Sole proprietorships and partnerships. — This amount
is computed from business receipts less cost of
goods sold. (See Business receipts and Cost of
goods sold. )
Intangible assets
These assets consist of licenses, franchises,
patents, copyrights, contracts, and similar assets
having a limited useful life. Other intangible as-
sets not having a determined useful life are in-
cluded in other assets.
Inventory
Inventories are goods on hand held for sale, and
raw materials or supplies which will physically be-
come a part of merchandise intended for sale. The
main types are: merchandise or stock in trade, raw
materials, work in process, finished products, and
growing crops reported as assets by agricultural
concerns.
There are two common bases for evaluating inven-
tory, both of which are allowable: cost alone; or
cost or market value, whichever is lower. Whichever
method is used must be applied to both beginning
and ending inventory. The cost or market value
method, if used, must be applied to each item in
inventory, not to aggregates.
The common method of identifying items in inven-
tory at end-of-year is the first-in, first-out
method (FIFO). A special method, last-in, first-
out (LIFO) may be used subject to the approval of
the Commissioner of Internal Revenue. It may be
used only where inventories are valued by the cost
method alone.
The inventories of businesses engaged in provid-
ing services generally are ancillary to their prin-
cipal interest. For example, the physician maintains
a stock of supplies, such as medicines, cotton, and
tape, which although not held by him for direct
sale to patients, are used in treatments. These
items may properly be considered inventory.
Net income (or deficit)
Corporations. — This is the difference between
gross income subject to tax and ordinary and nec-
cessary business deductions. There is generally a
considerable disparity between net income and the
amount of income subject to tax. Most of this dif-
ference results from special statutory deductions
which include the net operating loss deduction,
deductions for dividends received, the deduction
for certain dividends paid by public utilities, the
deductions allowed Western Hemisphere trade corpo-
rations, and the deduction allowed regulated in-
vestment companies for dividends paid.
Net profit (or loss)
Sole proprietorships and partnerships without net
profit and corporation returns without net income
include those businesses with reported deductions
equal to total receipts.
Sole proprietorships. — This amo\mt is the differ-
ence between business receipts and the ordinary sind
necessary business deductions.
Partnerships. — This amount is the difference be-
tween total receipts and total deductions.
Long- and short-term capital gains or losses,
contributions, certain dividend and interest income,
and other income items specified by the tax laws or
regulations are not included in the partnership
income or profit. Instead, each partner allocates
his distributive share of such income to the proper
item on his individual income tax return.
Corporation returns. — Compiled net profit or loss
is the difference between total compiled receipts
and total compiled deductions. (See Total receipts
and Total deductions.)
A more comparable figure to sole proprietorships
and partnership net profit ( or loss) is corporation
net income (or deficit).
Nonqualifying dividends
Partnerships. — Data on nonqualifying dividends
included in this report are for partnerships only.
These are taxable dividends Included in total
receipts and for which the individual partner is
not entitled to a separate exclusion or credit.
Number of business organizations
Sole proprietorships. — This figure is the number
of businesses operated by individual owners. If
several business schedules are filed with one
return, each schedule is classified separately
according to industrial activity. Two or more
businesses with the same industrial activity are
processed as one business. Community property or
businesses divided between husband and wife for in-
come tax purposes are considered as a whole and
counted as one business. If multiple establishments
with identical industrial activities form but one
business, it is counted only once to reflect its
ownership. The filing of a schedule C or F or
equivalent schedule determines that the sole pro-
prietorship is active.
Partnership. — This is the number of active part-
nerships, not the number of partnership returns.
For Statistics of Income, a partnership reporting
at least one income or deduction item is considered
an active partnership. Duplicate filings are elim-
inated.
Corporation returns. — These data reflect the num-
ber of returns filed for active corporations. For
purposes of Statistics of Income, an active corpo-
ration return is one on which at least one income
or deduction item is reported. A consolidated
return filed by an affiliated group of corporations
is counted as one return.
Other assets
These include all assets not reported separately
on the return forms such as: sinking funds; other
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
13
funds; deferred charges; suspense items; interest
and coupons receivable. In addition to the above,
other assets of life insurance companies include
market value of real estate and bonds and stocks in
excess of book value; premiums due, and agents'
balances. Also, other assets of banks include assets
held in trust if included in the banks ' assets .
Partners' capital accounts
Partners' capital accounts, a balance sheet item,
is applicable only to partnerships. It is compa-
rable to a corporation's net worth section (capital
stock plus surplus).
Sepal rs
This deduction includes costs of labor and sup-
plies, and other costs necessary for incidental
repairs to the property. It does not pertain to
capital expenditures which add to the property
value, improvements which appreciably prolong its
life, or expenditures for restoring or replacing
property.
Taxes paid (or accrued)
State and local taxes paid or accrued on business
property or incurred in conducting business are
allowable deductions. Also included in the amounts
shown are Federal import and excise duties and
taxes, excluded, however, are: , (1) Federal income
and excess profits taxes; (2) estate, inheritance,
legacy, succession, and gift taxes; (3) income and
profits taxes paid to a foreign country or posses-
sion of the United States if any portion were
claimed as a tax paid on tax-free covenant bonds;
and (4) unidentifiable amounts of taxes reported
in cost of sales and operations.
Total assets
Sole proprietorships.— These businesses, \inlike
partnerships and corporations, are not required to
provide balance sheet information.
Partnerships. — The data for total assets are ob-
tained from the balance sheet and are \mderstated
since only -W percent of partnerships reported
balance sheet information.
Corporation returns. — These data are obtained from
end-of-year balance sheet schedules. The classifi-
cation of returns with "zero assets" is restricted
to (1) ret\irns of liquidating or dissolving corpora-
tions which have disposed of all assets and are
filing final income tax returns, (2) merging corpo-
rations whose assets have been included in the
returns of acquiring corporations, and (3) foreign
corporations doing business in the United States
unless they are foreign insurance companies provid-
ing balance sheet information for United States
branches.
The classification of returns with "zero assets"
is not completely comparable with the classifica-
tion "assets zero or not reported" which was
presented in the 1958-59 statistics. Estimates
of balance sheet statistics now include assets and
liabilities for the small number of companies which
failed to report them in the past. Estimates were
based on assets and liabilities shown in statistics
for returns of comparable corporations.
The elimination of the nonresponse category makes
it possible to drop the distinction formerly made
between returns with and without balance sheets.
Total compiled receipts
Corporation returns. — Gross taxable receipts be-
fore deduction of cost of goods sold, cost of
operations, and net loss from sales of property
other than capital assets. The figure also includes
nontaxable interest but excludes all other non-
taxable income recognized by the corporation.
Total deductions
In this report, total deductions are the ordinary
and necessary business deductions permitted by the
Internal Revenue Code and reported as such by
biisiness.
Total receipts
Sole proprietorships. — Total receipts are from
sales and services, less allowances, rebates and
returns. Total receipts do not include long- or
short-term capital gains or losses, nor do they in-
clude investment income not associated with the
taxpayer's business. In this report total receipts
for sole proprietorships is termed "Business Re-
ceipts."
Partnerships. — The sum of business receipts and
such income items as interest, rents, nonqualifying
dividends and other income. (See Business Receipts. )
Corporation returns.— In this report total re-
ceipts is termed "Total Compiled Receipts." (See
Total Compiled Receipts.)
BASIC TABLES
SOLE PROPRIETORSHIPS
Page
1. Number of businesses, business receipts, depreciation, net
profit, net loss, and inventory, by industrial group 16
2. Number of businesses, business receipts, net profit and net
loss, by selected industries and size of business receipts... 18
3. Number of businesses, business receipts, and net profit, by
selected industries and size of net profit 25
-4. Inventory reporting patterns, by selected industries 27
5. Number of businesses, cost of goods sold items, receipts, de-
ductions, and profits, by selected industries 28
6. Number of businesses and depreciation claimed this year, by
selected industries, and depreciation method 33
7. Number of businesses, and depreciation claimed this year, by
industrial division, depreciation method and size of busi-
ness receipts 3A
8. Number of businesses, and depreciation claimed this year, by
industrial division, depreciation method and size of depre-
ciation claimed 39
15
16
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
SOLE PROPRIETORSHIPS
Table 1.— NUMBER OF BUSINESSES. BUSINESS ElECEIPTS, DEPRECIATION, NET PROFIT, NET LOSS, AND INVENTORY, BY INDUSTRIAL GROUP
Industrial group
All Inaustrial groups.
Agriculture, forestry, and fisheries.
Other agriculture, forestry, and fisheries.
Mining
Crude petroleum and natural gas.
Other mining and quarrying
Construction.
General contractors
Special trade contractors.
Contractora not allocable.
Uanufacturing.
Food and kindred products, including beverages.
Apparel and other finished products made from
fabrics and similar materials
Lumber and wood products, except furniture....
Furniture and fixtures
Printing, publishing, and allied industries...
Chemicals and allied products
Stone, clay, and glass products
Primary metals and fabricated metal products,
except machinery and transportation equlpoient.
Uachlnery, except electrical and traneportatlon
equliment
Transportation equipment
Other manufacturing industries
Transportation J
services ,
communication, and sanitary
Transportation
Motor freight transportation
Other transportation
Public warehousing
Communication and sanitary services.
Wholesale and retail trade.
Wholesale trade
Groceries and related products
Dry goods and apparel
Machinery, equipment, and supplies
hfctor vehicles and automotive equipment.
Farm products — raw materials
Other wholesalers
Retail trade.
Food
Grocery storea, meat and fish markets, and
fruit and vegetable markets
Retail bakeries
Other food stores
General merchandise
Apparel and accessories
Furniture, home furnishings.
Automotive dealers
Gasoline service stations...
and equipment...
Eating and drinking places
Building materials
Hardware and farm equipment
Antique stores and secondhand stores.
Drug stores and proprietary stores...
Liquor a tores
Newsdealers end newsstands;
s ta nds
florists
Jewelry stores
Other retail trade
cigar stores and
Ubalesale and retail trade not allocable.
Businesses with and without net profit
Number of
businesses
(1)
Finance, Insurance, and real estate.
Credit agencies other than ban]£s
Security and conoodlty brokers, dealers, ex-
changes , and services
Insurance agents, brokers, and service
Real estate
Real estate operatora (except developers),
and leasors
Agents, brokers, and managers
Other real estate
Other finance. Insurance, and real estate.
3,386,880
118,210
33,691
26,119
7,572
103,983
506,942
35,391
186,901
23,283
e,2i3
44,600
10,536
27,980
4,614
6,604
9,397
15,174
3,914
32,556
283,553
268,921
197,614
67,295
4,012
14,632
2,009,785
269,063
41,405
10,431
9,978
11,480
15,388
180,381
1,582,002
329,550
266,298
13,717
49,535
159,021
72,183
75,661
56,139
202,217
299,707
29,609
38,857
23,324
33,476
27,972
13,775
20,863
21,192
178,456
158,720
446,995
6,032
13,414
153,150
230,800
99,806
118,569
12,425
43,599
Business
receipts
doltmrm)
(2)
176,204,711
27,816,099
26,279,361
1,536,733
754,689
250, 594
5,826,728
9,068,260
824,154
6,726,173
1,657,304
427,236
1,155,851
303,910
629,293
92,728
295,823
500,542
438,572
157,292
1,067,622
4,044,718
3,821,451
3,081,395
610,807
129,249
223,267
92,389,543
19,084,211
4,779,179
482,388
581,842
816,501
3,049,247
9,375,054
66,166,636
16,476,320
14,734,213
378,319
1,363,788
3,330,597
2,747,771
3,081,055
6,524,375
10,666,065
8,029,691
1,590,960
2,433,673
255,037
2,921,094
1,594,533
297,003
465,153
528,087
5,205,222
7,138,696
4,406,676
94,418
180,640
1,575,508
2,083,353
652,672
1,062,009
368,672
472,757
Depreci-
ation
dottaf)
(3)
6,913,892
3,073,112
2,987,430
85,682
93,718
70,945
22,773
416,350
116,832
260,554
38,964
233,137
37,075
6,406
69,068
8,157
29,801
3,598
14,729
18,245
3,908
28,907
399,328
380,057
322,928
52,122
5,007
19,271
1,335,386
225,257
40,674
5,846
9,061
11,289
15,991
142,396
965,711
195,971
157,581
10,223
28,167
65,005
33,014
54,943
43,394
89,317
223,958
30,919
32,123
5,330
38,702
17,069
3,746
13,498
8,227
110,495
144,418
226,486
2,642
3,974
55,602
142,602
84,474
50,141
7,987
21,666
Net profit
(less loss)
(Thouwand
dotUrt)
t41
21,516,876
2,913,642
2,646,952
266,690
'4,607
'21,043
16,436
1,979,608
451,171
1,445,564
82,873
87,838
32,295
103,244
33,218
95,030
5,591
25,724
58,100
68,563
5,825
111,520
553,519
515,614
378,363
123,458
13,793
37,905
5,781,879
1,169,079
188,277
53,875
51,245
57,219
10,607
807,856
4,122,114
774,985
622,171
47,513
105,301
250,078
243,677
262,101
157,157
526,491
696,466
95,502
L29,675
29,189
290,791
121,054
34,294
42,513
72,446
395,695
490,686
1,504,794
25,031
69,558
650,303
569,244
125,487
398,962
44,795
190,658
Inventory
end-of-year
(Thouftnd
doll»ra}
(5)
1,089,929
1,061,864
26,065
3,990
1,035
215,754
237,304
26,249
426,994
42,458
36,927
103,539
24,137
18,106
8,363
19,891
37,108
30,126
19,494
86,347
17,077
13,400
7,024
3,249
3,127
3,677
8,097,453
1,084,243
138,303
52,053
60,765
30,967
109,652
642,503
6,360,451
949,708
897,107
7,497
45,104
515,566
693,789
470,737
588,098
389,909
206,051
250,176
646,801
54,177
443,614
210,289
15,373
20,152
212,824
693,187
652,764
Businesses vith net profit
Number of
businesses
f6)
7,219,608
2,425,996
2,330,753
95,243
19,207
14,642
4,565
597,483
90,746
477,411
29,326
150,668
19,536
6,458
38,485
8,097
23,264
2,711
4,423
8,140
12,550
2,446
24,558
230,881
218,289
158,230
56,663
3,396
12,592
1,650,985
234,208
37,658
9,445
8,423
10,334
12,421
155,927
1,288,356
278,068
224,727
12,169
41,172
125,947
61,255
62,381
41,326
165,333
239,145
23,118
31,182
17,750
30,697
24,987
12,697
16,213
13,303
139,454
128,421
373,046
4,994
10,989
138,712
179,932
68,667
101,034
10,231
Business
receipts
(Ttieu*mnd
doll»rt)
(7)
156,773,137
22,401,237
21,062,899
1,338,338
775,515
563,279
212,236
14,393,515
5,182,142
8,547,324
664,049
395,609
994,044
266,201
601,090
76,723
278,485
407,895
82,199
990,086
3,428,054
3,236,214
2,567,191
546,457
122,566
191,840
32,899,947
17,303,663
4,667,038
466,242
506,684
749,984
2,381,259
10,092,456
59,176,048
14,694,177
13,163,603
370,111
1,160,463
3,046,158
2,486,010
2,853,942
5,330,886
9,747,339
7,168,951
1,346,543
2,174,796
231,312
2,313,123
1,525,983
283,980
435,698
505,520
4,526,630
4,131,403
87,562
172,886
1,546,193
1,870,893
524,060
1,021,641
325,192
Net profit
dollmta)
(8)
24,708,501
38,419
4,554,142
4,253,474
300,668
105,270
80,607
24,663
502,588
1,497,279
98,003
692,841
98,007
36,470
U5,057
37,168
100,064
8,574
28,414
60,838
71,544
9,894
126,811
629,667
587,274
436,819
135,283
15,167
42,393
6,453,601
1,293,493
193,357
54,822
59,574
64,173
59,694
366,873
4,604,463
872,365
708,730
48,427
115,708
280,933
264,414
283,075
212,760
582,618
769,295
115,910
143,794
34,086
293,467
125,374
35,010
52,492
77,092
456,273
550,645
1,614,834
27,755
73,290
661,193
655,183
176,645
417,207
61,331
197,413
Businesses vlthout net profit
Number of
businesses
(9)
1,922,751
1,079,094
1,056,127
22,967
14,434
11,477
3,007
48,833
13,237
29,531
6,065
36,233
3,747
1,785
6,115
2,439
4,716
1,903
2,181
1,023
2,624
1,468
7,548
52,672
50,632
39,384
10,632
2,040
358,300
34,355
3,747
986
1,555
1,146
2,967
24,416
293,646
51,482
41,571
1,543
8,363
33,074
10,928
13,280
14,813
36,384
60,562
6,491
7,675
5,574
2,779
2,985
1,078
4,650
2,889
39,002
30,299
73,949
1,038
2,425
14,438
50,868
31,139
17,535
2,194
5,180
Business
receipts
(natatnd
datUrt)
(10)
5,414,862
5,216,462
198,400
191,410
38,358
1,325,627
644,586
520,936
160,105
606,616
100,553
31,627
161,807
37,709
26,203
16,005
17,336
31,449
30,677
75,093
66,946
616,664
584,927
514,204
64,350
31,427
9,489,596
1,780,548
112,141
16,146
75,158
66, 517
667,983
319,288
6,990,588
1,782,143
1,570,610
8,208
203,325
284,439
261,761
227,113
1,193,469
916,726
860,740
244,417
258,877
23,725
102,971
68,550
13,023
49,455
22,567
678,592
718,460
275,273
6,856
7,754
29,310'
212,460
128,612
40,368
43,480
18,393
(Thousand
dollar*)
(11)
1,640,500
1,606,522
33,973
109,877
101,650
8,227
118,262
51,417
51,715
15,130
65,893
10,169
4,175
11,813
3,950
5,034
2,983
2,690
2,461
2,981
4,069
11,525
76,148
71,660
58,456
11,8»
4,488
671,722
129,414
5,060
947
8,329
6,954
49,087
58,831
482,349
97,680
86,559
914
10,407
30,855
20,737
20,974
55,603
56,127
72,829
20,406
14,119
4,897
7,676
4,320
716
9,979
4,646
60,583
59,959
U0,Q4O
2,724
3,732
10,690
85,939
51,158
18,245
16,536
6,755
Footnotes at end of table. See text for explanatory atatements and '^Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960 17
SOLE PROPRIETORSHIPS
Table I.— NUMBER OF BUSINESSES, BUSINESS RECEIPTS, DEPRECIATION, NET PROFIT, NET LOSS, AND INVENTORY, BY INDUSTRIAL GROUP— Continued
Industrial group
Businesses with and without net profit
Number of
businesses
Business
receipts
(Thoutand
dollmrm)
Depreci-
ation
(Thousand
dollmra)
Net profit
(less loss)
(Tttouaand
dollmrm)
Inventory
end -of -year
(Thoummnd
doll»r»)
Businesses with net profit
Number of
businesses
Business
receipts
(Thou»»nd
dollmra)
Net profit
(Thpumand
dollmra)
Businesses without net profit
Number of
businesses
Business
receipts
(Thoummnd
dollmra)
( Thoummnd
dollmrm)
(1)
(2)
(3)
(i)
(5)
(6)
C7)
C8)
(9)
(10)
Services
Hotels, rooming houses, camps, and other
lodging places
Personal services
Lavmdrles, laundry services, and cleaning and
dyeing plants
Photographic studios, including connerclal
photography
Beauty and barber shops, including schools...
Funeral services and crematories
Other personal services
Business services
Advertising
Other business services
Automobile repair, services, and garages
Automobile parking
Automobile repair shops
Automobile rental and automobile services,
except repair
Bepalr services, except automotive
Recreational services
Medical and other health services
Offices of physicians, surgeons, and oculists
Offices of dentists and dental surgeons
Other medical and health services
Legal services
Educational services
Engineering and architectural services
Accounting, auditing, and bookkeeping services.
Other services
Nature of business not allocable
1,979,695
134,803
4i5,496
77,887
22,929
259,474
14,395
70,811
217,192
19,636
197,556
110,829
5,623
95,868
161,640
103,091
405,673
145,268
85,568
174,837
123,896
59,626
45,022
87,290
85,137
50,333
1,359,597
3,799,002
1,132,011
278,165
1,543,383
498,442
347,001
2,594,017
487,890
2,106,127
2,025,505
66,803
1,820,528
138,174
1,219,707
1,196,779
7,626,233
4,235,806
1,809,307
1,533,120
1,642,405
251,913
772,114
578,289
413,120
616,396
177,802
193,450
79,338
14,920
48,252
40,794
10,146
112,236
9,381
102,355
58,001
955
41,830
45,511
99,484
302,813
169,218
63,182
70,413
47,582
15,366
20,389
26,509
14,345
22,887
8,084,421
140,148
1,007,599
162,473
49,911
580,266
104,538
110,411
574,013
69,605
504,408
278,782
17,392
247,046
14,344
288,389
99,316
4,045,491
2,474,799
940,192
630,500
377,231
33,408
225,902
235,744
178,393
76,672
430,936
18,312
30,798
12,138
16,533
10,428
24,160
17,539
46,281
1,778
44,503
104,486
764
102,863
117,386
24,800
18,185
3,003
1,354
13,823
552
2,202
10,462
271
7,251
51,418
1,732,200
98,054
402,731
62,550
16,350
245,949
12,512
65,370
186,489
16,598
169,391
97,743
5,299
85,995
136,468
72,599
336,386
136,896
83,387
166,603
112,622
53,452
37,939
81,628
65,539
39,142
1,135,258
3,590,594
1,037,081
259,150
1,513,280
467,226
313,357
2,387,087
466,799
1,920,283
1,836,540
63,839
1,713,425
109,226
1,121,751
916,474
7,545,118
4,205,177
1,305,866
1,534,073
1,622,278
233,642
747,897
568,298
385,535
483,235
8,469,726
200,699
1,045,986
178,787
56,553
586,639
107,754
116,253
619,796
73,024
546,772
295,265
17,952
259,741
17,572
305,892
198,709
4,100,354
2,492,541
942,702
665,111
389,263
87,627
236,202
289,614
200,319
90, 550
247,495
36,749
42,765
15,337
6,579
13,525
1,883
5,441
30,703
3,033
27,665
13,086
(*)
9,873
2,889
25,172
30,492
13,737
6,372
2,181
8,234
11,274
6,174
7,033
5,662
19,593
11,191
224,339
208,406
94,930
19,015
30,103
31,216
33,144
206,930
21,091
135,639
133,965
107,103
28,948
97,956
280,305
33,115
30,629
3,439
49,047
20,127
18,071
24,217
9,991
27,585
133,161
(111
335,305
60,551
33,367
16,314
6,642
6,373
3,216
5,842
45,783
3,419
42,364
16,483
(*)
12,695
17,503
99,393
54,863
17,742
2,510
34,611
12,032
4,219
10,300
3,870
21,921
13,873
^Net loss exceeds net profit.
"'no reliable estimate of the sampling variability can be obtained from the sample. However, the data are included in totals.
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data."
18 U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
SOLE PROPRIETORSHIPS
Table 2 . —NUMBER OF BUSINESSES, BUSINESS RECEIPTS, NET PROFIT AND NET LOSS, BY SELECTED INDUSTRIES AND SIZE OF BUSINESS RECEIPTS
Industry and size of business receipts
ALL INDUSTRIES
Under $1, 000
il, 000 under 42, 000. . .
2,000 under 43,000...
3, 000 under i4, 000. . .
4, 000 under $5, 000. . .
p, 000 under 47, 000. . .
47,000 under 410,000..
410,000 under 415,000.
415,000 under 420,000.
420,000 under 425,000.
$100, 000 or more
Receipts not reported. .
AGHICULTUM, FORESTRY, AND FISHDUES
Total.
Under $1, 000
41,000 under 42,000
42, 000 under : 13, 000
43,000 under ;*,000
44, 000 under 45, 000
.5,000 under $7,000
,7, 000 under 410, COO. . . ,
:,10,000 under 4X5,000...
,15,000 under 420,000...
i .20, 000 under $25, 000. . .
; ,25, 000 under 430, 000. .
.30, 000 under : <M), OOO. .
A0,000 under !i50,000...
50, 000 under : 175, 000. .
.75,000 under $100,000.
$100, 000 or more
Receipts not reported. .
425,000 under ;.30,000..
430,000 under ! .40, 000..
440, 000 under : .50, 000. .
450,000 under ; 175,000. .
475,000 under $100,000.
$100, 000 or more
Receipts not reported. .
COKSTRDCTION
Total.
Under $1, 000
i 1,000 under 42,000
2, 000 under 43, 000
3, 000 under 44, 000
4, 000 under $5, 000, . .
i 5,000 under $7,000
7, 000 under $10, 000. .
10,000 under 415,000.
15,000 under 420,000.
20,000 under 425,000.
; .25, 000 under
; ,30, 000 under
! AO, 000 under
,50,000 under
,75,000 under
$100, 000 or more
Receipts not reported.
Businesses with and without net profit
Number of
businesses
(1)
9,142,359
1, 258, 929
1, 124, 680
799,844
631, 038
493, 286
764, 396
790, 538
790, 214
474,607
327,772
247,575
336,847
221, 065
297, 803
150,486
301, 931
131,348
3, 505, 090
601, 051
546,024
382,807
288, 850
224,249
351,157
357,694
298,265
135,576
77,044
45,306
45,607
24,752
27,062
9,328
16, 596
73,722
646,316
73, 888
82,995
62,242
48,371
31, 169
46,354
43,554
52,192
34,320
24,249
22,339
28,236
18,640
24,390
14,833
34,803
3,741
Business
receipts
doltara)
U)
176,204,711
671, 345
1, 650, 975
1, 973, 753
2, 189, 121
2, 206, 822
4, 541, 086
6, 631, 192
9, 695, U6
8, 222, 269
7,349,265
6, 774, 348
11,644,921
9,900,778
18,130,944
12, 986, 696
71,636,080
27,816,099
320,637
803, 296
943, 065
001, 647
002,922
082,466
000,782
621, 106
337, 119
719, 805
239, 946
571,479
108, 321
621, 664
795, 596
4, 646, 198
1, 005, 283
4,445
22,660
6,095
73,770
2,426
57,250
2,402
94,811
1,458
100,246
2,445
644,554
2,835
-
15, 719, 142
44,309
119, 858
153, 653
167,779
139,229
275, 945
364,454
644,303
597,277
545,968
611,763
972, 523
834,914
1,477,198
1,291,397
7,478,572
Net profit
(less loss;
(Thouamtd
doilmrt)
13)
21, 516, 876
'150, 288
342, 108
483, 142
609,097
616, 360
1, 162, 312
1, 609, 214
2, 172, 028
1,681,798
1,448,218
1, 279, 155
2, 050, 756
1, 534, 149
2,299,018
1, 287, 338
3,247,555
■^155,084
2, 913, 642
'174,585
54,659
103,738
136, 337
167,502
337, 193
514,773
574, 203
316,439
227,737
145, 395
182,817
120,938
153,759
66, 728
66,205
'80, 196
'4,607
'12, 590
'5, 979
1,573
'916
5,169
7,426
8,333
'7,623
1, 979, 608
23,504
77,577
89,630
92,062
69,431
121,042
126,646
162,468
122,684
88,898
90,283
127,870
98, 808
160, 566
106,067
426,014
'3,942
Businesses with net profit
Number of
businesses
(4)
7, 219, 608
710, 073
835, 283
623,445
516,361
413,521
641,900
674,797
682, 591
416, 351
293, 970
221,681
305,778
201, 700
270,935
138,207
273,015
2,425,996
267,864
361, 107
269,966
215, 259
177, 887
278,157
294,224
247, 738
1U,767
65,270
36,244
37,360
20, 976
22,280
7,374
12,523
19,207
597,483
54,593
78,850
58,030
45,767
29,230
44,445
41,473
49,524
32,067
22,323
21,201
25,857
17,419
21,789
13,226
31,689
Business
receipts
f77iou*«nrf
(5)
156,773,137
429,894
1,232,507
1, 539, 797
1,792,351
1,851,464
3, 817, 389
5,658,891
8,378,229
7,207,747
6,588,944
6, 064, 833
10,562,809
9, 035, 352
16,492,970
11,934,563
64, 185, 397
22,401,237
169, 973
536,126
666, 283
746,963
796,818
1, 651, 953
2,470,061
3, 005, 752
1,925,697
1,456,776
992, 540
1, 284, 604
937,859
1, 336, 637
630, 396
3, 792, 799
775,517
6,379
3,070
16, 193
4,504
54,509
1,607
38,051
1,675
67, 875
889
57,468
1,882
535,042
14,393,515
40,626
113, 820
143,060
158,743
130,599
254,461
347,028
610, 843
558,083
501,293
580, 327
889,630
779,829
1,315,051
1, 154, 698
6,805,424
Net profit
( Thoua»nd
dotlmra)
24,708,501
246,003
607, 217
677,341
752, 032
737,906
1, 378, 587
1, 812, 260
2,419,567
1, 849, 266
1,565,743
1,372,158
2, 168, 357
1, 615, L20
2,462,814
1, 352, 169
3,690,961
4,554,142
87,629
226,490
229, 870
233,674
245,680
450, 388
637,948
712,631
413, 141
282,496
184,943
230,332
149,826
194,359
83,860
190,875
105,270
2,745
5,261
15,546
8,450
13,518
15,443
44,306
2,097,870
30,988
80,204
93,350
93,136
71,762
123,073
129,865
166,497
127,970
94,919
98,962
137,150
104,089
170, 758
116,128
458,989
Businesses without net profit
Number of
businesses
TtT
1, 922, 751
548,856
289, 397
176, 399
U4,677
79, 765
122,496
115,741
107,623
58,256
33,802
25,894
31,069
19,365
26,868
12,279
28,915
131,348
333,187
184,917
112,841
73,591
45,362
73,000
63,470
50,527
23,809
11,774
9,062
8,247
3,776
4,782
1,954
4,073
73,722
14,484
6,005
2,966
563
2,835
48,833
9,295
4,145
4,212
2,604
1,939
3,990
3,600
2,501
1,607
3,rw
3,741
Business
receipts
(Thcuuand
dollmrm)
"Tar
19,431,574
241,451
418,468
433,956
396,770
355, 358
723, 697
972, 301
1,316,887
1, 014, 522
760, 321
709,515
1,082,112
865,426
1, 637, 974
1, 052, 133
7,450,683
5,414,862
150,714
267, 170
275, 782
254,584
206,104
430,513
530,721
615,354
411,422
263,029
247,406
285,875
170,462
285,027
165, 200
853,399
229,765
5,613
8,913
109,512
1, 325, 627
3,683
5,038
10,593
9,035
8,630
28,910
72,654
76, m
162^147
136,699
673, 148
Net loss
(Thautsnd
791
3, 191, 625
396, 291
265, 109
194, 199
142,935
121,546
216,275
203,046
247,539
167,458
113,525
93,003
U7,501
80,971
163,796
64,831
443,406
155,084
1, 540, 500
262,214
171,831
126,132
97,337
78, 178
113,195
123,175
138,428
96,702
54,759
39,548
47,515
28,8S8
40,600
17,132
124,570
80, 195
109,877
15,336
25,732
35,973
7,623
7,484
2,627
3,730
1,074
2,331
5,250
9,315
14,720
in,192
10,061
32,975
3,942
Footnotes at end of table. See text for ezplanatoi7 etatenenta and "Description of the Sample and Limitations of the Itata.
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
19
SOLE PROPRIETORSHIPS
Table 2.— NUMBER OF BUSINESSES, BUSINESS RECEIPTS, NET PROFIT AND NET LOSS, BY SELECTED INDUSTRIES AND SIZE OF BUSINESS RECEIPTS— Continued
Industry and size of business receipts
Businesses with and without net profit
Number of
businesses
Business
receipts
(ThouM^nd
dotimr»i
Net profit
(less loss J
(Thoummnd
dellmrti
Businesses with net profit
Number of
businesses
Business
receipts
(Thoummnd
doltmrai
Net profit
(Thoummnd
dotlarti
Businesses without net profit
Number of
businesses
Business
receipts
(Thou*»t>d
doltmr»)
(Thouamtid
dottmrm)
MANUFACTURING
Total.
Under $1,000
M,000 xinder 42,000.
:>2,000 under £3,000.
!;3,000 under £4,000.
;A,000 under £5.. 000.
i5,000 under S
7,000 under i
10,000 under
15,000 under
20,000 under
17, 000. . . ,
110, 000. . ,
415,000.,
£20, 000. .
i25, 000. .
i 25,000 under 1130,000...
30, 000 under : AO, 000. . ,
40, 000 under i 150, 000. . ,
50, 000 under i 175, 000. . ,
75,000 under $100,000..
$100,000 or more
Receipts not reported. . .
TRANSPQRUnON, CCUUDNICATION, AND SAKIIAR7 SStVICES
Total.
Under $1,000
4l,000 under 42,000...
£2,000 under £3,000...
|3,000 under £4,000...
$4,000 under $5,000...
; 15, 000 under 47,000...
; 17, 000 under $10,000..
; 110, 000 under 415,000.,
; 115, 000 under £20,000.
1120,000 under ^25,000.
i, 25, 000 under 5
: 130, 000 under !
; 140, 000 under ;
: 50, 000 under i
; 175,000 under !
$100, 000 or ncre
Receipts not reported.
WHOLESALE AND RETAIL TRADE
Total.
Under $1,000
ill, 000 under 42,000...
N2,000 under ; 13, 000...,
113,000 under i;4,000...
:^,000 under $5,000...,
; 15, 000 under 47,000...
: 17, 000 under $10, 000. .
MO, 000 under 415,000.
1115,000 under $20,000.
: 120, 000 under $25,000.,
1125,000 under
: 130, 000 under
; AO, 000 under
i 150, 000 under
i 175,000 under
! 130, 000..
'. 140, 000. .
! 150, 000. .
! 175, 000. .
! 1100, 000.
$100,000 or more
Receipts not reported..
Wholesale Trade
Total.
Under $1,000 ,
i 1,000 under $2,000...,
2,000 under ;;3,000...,
3,000 under ;i4,000...,
4,000 under $5,000
45, 000 under $7, 000
47,000 under $10,000..,
£10,000 under 415,000-,
£15,000 under £20,000.,
$20,000 under $25,000.,
; 125, 000 under !
; 130, 000 under !
; i40, 000 under !
; 150, 000 under !
; 175, 000 under !
$100, 000 or more
Receipts not reported.
(1)
(2)
13)
M
(5)
(6)
(7)
(8)
186,901
6,726,173
626, 943
150,668
6,119,557
692, 8,41
36,233
606,616
20,400
15,062
11,889
9,756
8,303
13,006
14,002
15,916
10, 362
7,404
4,854
11,073
7,333
10,393
7,821
14,732
4,595
10,472
22,326
29,393
34,012
36,943
76,975
118,392
193,701
179,432
167,513
133, 48A
384,497
327,900
639,791
669, 712
3,701,630
^1,674
4,432
6,379
8,849
7,579
17,409
27,738
33,022
30,965
21,925
20,945
51, UO
40,570
74,442
59,952
229,460
'6,155
11,129
11,033
9,263
8,102
6,716
10,724
12,404
13,543
9,391
6,604
4,436
10,156
7,044
9,490
7,146
13,485
7,017
16, 571
22,996
28, 360
29,979
63,236
lai, 812
162, 640
162, 662
149, 214
121,845
351, 864
315, 375
587,387
612, 220
3,383,379
3,373
7,882
8,563
10,504
10,041
21,961
30,779
41,268
33,128
34,928
22,021
53,974
41, 033
76,499
62,678
244,209
9,271
4,029
2,626
3,241
1,192
675
1,247
4,595
3,455
5,755
6,397
12,616
44,272
64,929
57,492
318,251
283,553
553, 519
230,881
629, 667
52,672
616, 664
26,423
31,211
25,316
24,422
21,564
34,517
34,845
26,153
15,969
10,345
5,114
5,265
5,810
5,326
2,304
6,304
2,665
15,908
46,54^
62, 021
84,355
96,488
204, 953
291,474
318,953
274, 7U
230,955
Ul,837
183, 131
256,939
323, 863
192, 891
1,319,695
112
8,068
18,4«9
27,832
27,693
66, 616
75, 670
62,743
55,849
37, 528
19, 194
26,177
30,432
23,181
17,501
58,379
H,945
14,976
22,707
21,499
21, 893
18,357
31, 595
29,401
21, 219
14, 263
9,569
4,232
4,625
5,265
4,247
1,887
5,146
10,003
34,392
52,4*7
75,872
82, 203
188, CA3
246,255
259,533
245,409
213, 806
117,370
161, 589
232,368
256,270
158, 102
1, 094, 392
4,685
15,076
22,220
29,975
31, 920
70,131
82,641
69, 210
60,060
40,785
22,768
28,274 -I;
32, 326
31,078
19,009
69,509
11,447
8,504
3,817
2,529
3,207
2,922
5,444
4,934
1,624
417
1,158
2,665
5,905
12,152
9,574
8,483
14, 285
16,910
45,219
59,420
46,451
46,008
92,164
34,789
225, 303
2,009,785
92, 389, 543
5, 781, 879
1,650,985
82,899,947
6,453,601
358,800
9,4S9,596
121,157
111,623
84,836
68,234
61,482
107, 171
137,799
182,399
153,284
117, 522
•100,858
162, 133
114, 967
176,580
96,257
202,929
10,554
269,063
60,274
165,335
211, 191
236,128
276,088
640,522
1, 163, 886
2, 271, 276
2,674,475
2,639,657
2,757,938
5,621,683
5,152,952
10, 810, 042
8,338,094
49,370,002
19,084,211
'11, 230
20,545
27,855
38,885
42,298
102, 862
173,924
311,612
309,634
296,893
266,440
535,671
418,409
820, 926
574, 889
1, 865, 217
'12,951
67,823
77, 574
58,964
50,356
45,679
82, 260
109,041
14«,212
129,903
103, 615
89, 276
147, 065
103,447
162, 257
89,434
186,079
234,208
37, 947
115,423
146, 197
174, 074
204,938
492, 284
919,847
1, 850, 144
2, 262, 336
2,328,646
2,440,450
5, 097, 272
4, 639, 801
9,930,973
7, 748, 537
44, 511, 078
17,303,663
19,251
46,346
52, 633
57, all
60,271
135,092
210,713
362, 061
349,083
324,738
292,956
571, 394
450,848
869,346
595,413
2,056,415
1,298,493
53,334
34,049
25,872
17, 878
15,803
24,911
28,758
34,187
23,381
13,907
11,582
15,068
11,520
14,323
6,823
16,850
10,554
34,855
22,327
49,912
64,994
62,054
71,150
146,238
244,039
421, 132
412,139
311, Oil
317, 488
524, 411
513,151
879,069
589,557
4,858,924
1, 780, 548
18,806
16,556
14,573
11,617
10, 176
17,938
22,500
25,882
16,341
13,313
9,515
16,445
9,269
17,414
9,071
37,394
10,091
24,622
36,236
40,529
46,127
106,676
188,499
318,645
284,541
298, 119
260, 569
568,122
414,094
1,076,476
792, 577
14, 618, 288
'4,012
6,160
12,386
13,616
12,793
32,349
62,421
106,749
73,585
68,018
50,787
99,923
51,622
117,250
75,011
393,847
11,359
12,675
12,039
10,213
8,501
15,703
20,332
24,1B5
15,478
12,266
9,015
15,201
8,371
16,164
8,925
33,781
6,599
18,818
29,492
35, 541
38,577
93,464
171,078
296,634
269, 152
274, 506
246,244
525,405
373, 264
998,807
779, 613
13,146,469
3,892
9,564
15,097
17,090
16,421
38,182
66,306
lOT, 962
75,245
71,097
55, 720
103, 172
59, 789
120,554
76, 759
461,643
7,447
3,881
2,534
3,079
2,235
2,168
2,560
1,547
2,142
1,396
3,613
3,492
5,804
6,744
12,538
13,212
17,421
37,400
37,938
83,547
90,633
1,471,819
(9)
65,893
5,(>i7
3,450
2,184
7,593
2,520
2,726
14, 749
6,155
76,148
4,573
7,008
3,731
2, 143
4,227
3,515
6,971
6,467
7,468
9,791
1,508
11,130
1,945
671,722
30,481
25, 801
24,778
18,156
17, 973
32,230
36,789
50,449
39,449
27,845
26, 516
35,723
32,439
48,420
20,524
191, 198
12,951
7,904
3,404
2,711
5,833
3,885
2,873
8,012
11,416
5,052
67,796
Footnotes at end of table. See text for explanatory statements and "Description of the Saiqjle and Limitations of the Data. "
20
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
SOLE PROPRIETORSHIPS
Table 2 . —NUMBER OF BUSINESSES, BUSINESS RECEIPTS, NET PROFIT AND NET LOSS, BY SELECTED INDUSTRIES AND SIZE OF BUSINESS RECEIPTS— Continued
Industry and size of business receipts
Bustnesges with and without net profit
Businesses with net profit
Number of
businesses
Net profit
(less loss)
(Thouumttd
Mujnber of
businesses
Business
receipts
Net profit
( ThtAiamid
dolUra)
Businesses without net profit
Number of
businesses
Business
receipts
(ThautMnd
Net lose
(Thcu»and
WHOLESALE AND RETAIL IHADE— Continued
Retail Trade
Total.
Under $1, OOO.
■ 1, 000 under *2, 000.
,2,000 under . "
.3,000 under i
,000 under ;
is, 000 under i7, 000
17,000 under $10,000...
110,000 under tl5,000. .
il5, 000 under 120, 000. .
120,000 under $25,000..
i25, 000 under 430,000. .
30, 000 under S<iO, 000. .
40,000 under S50, 000..
50,000 under S75,0OO..
75,000 under $100,000..
$100, 000 or more
Receipts not reported. .
Trade not Allocable
Total.
Under $1, 000
$1, 000 under $2, 000
$2, 000 under $3, 000
$3, 000 under M, 000
$4, 000 mider $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 I AO, 000. .
M, 000 under ! .50, 000. .
.50,000 under 1.75,000..
i75, 000 under $100, 000.
$100, 000 or more
Receipts not reported. .
FINANCE, INSURANCE, AND REAL ESTATE
Total.
Under $1, 000
il, 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...,
: 110,000 under $15,000. .
; 115,000 under $20,000. .
1 .20,000 under $25,000. . ,
: .25,000 under $30,000. .
: .30, 000 under $40, 000. .
; 40, 000 under $50, 000. . .
; 150, 000 under $75,000...
;i75,000 under $100,000.,
$100,000 or more
Receipts not reported. . ,
Total.
Under $1, 000
" 1, 000 under $2, 000. . . .
;2,000 under $3,000
3,000 under $4,000
,,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 : i«), 000. .
40, 000 under : ,50, 000. .
,50,000 under ;,75,0OO..
75, 000 under $100, 000.
$100,000 or more
Receipts not reported. .
(1)
(2)
I.3J
l4)
(5J
(6J
(7)
1, 582, 002
4, 122, U4
59,176,048
293,646
6, 990, 588
86, 162
82, 658
61, 350
48,537
44,658
77,729
103,881
141,466
129,100
97,164
85,983
137, 224
100, 108
150, 723
81, 594
146, 313
7,352
158, 720
42,376
122,613
152,399
168, 069
199, 879
465, 212
879,484
1,767,537
2, 252, 121
2, 183, 727
2, 350, 296
4, 760, 513
4,490,961
9, 205, 222
7, 060, 874
30,065,353
7, 138, 696
5,787
13,146
U,499
18,384
22, 219
52, 818
88,834
172, 725
209, 925
206, 687
195, 977
402, 258
341, 018
662,906
459, 036
1, 278, 389
^7,920
47,700
55,457
40, 511
33,949
31,605
57,063
79,294
111, 574
107, 251
85,097
75, 820
124,302
90,281
138, 597
74,918
134,937
26,384
82,916
100,449
117, 365
141, 291
342, 652
670, 123
1, 399, 688
1, 867, 344
1,914,688
2, 072, 130
4,310,461
4,053,333
8,463,419
6, 484, 363
27,129,442
12,636
31, 167
30,728
31,090
35,326
76, 520
118,399
216,759
245, 456
228,235
215, 626
432,115
364,108
701, 623
477,789
1,386,836
38,462
27,201
20, 839
14, 588
13,053
20,666
24,587
29,892
21,849
12,067
10, 163
12,922
9,827
12,126
6,676
11,376
7,352
30,299
15,992
39,697
51,950
50,704
58, 588
122, 560
2CS,361
367, 849
384,777
269, 039
278,166
450, 052
437, 628
741,803
576,511
2,935,911
16,189
12,409
8,913
8,080
6,648
11,504
11,418
15,051
7,843
7,045
5,360
8,464
5,590
8,443
5,592
19:222
7,807
18,100
22,556
27,530
30,082
68,634
95,903
185, 094
137,813
157,811
147, 073
293,048
247,897
528,344
484,643
4, 686, 361
n,431
1,239
3,970
6,885
7,286
17, 695
22,669
32,138
26,124
22, 188
19, 676
33,490
25,769
40,770
40,842
192, 981
8,764
9,442
6,414
6,194
5,573
9,494
9,415
12,453
7,174
6,252
4,441
7,562
4,795
7,496
5,591
17,361
4,964
13,689
16, 256
21,168
25,070
56,168
78,646
153, 822
125, 840
139,452
122, 076
261,406
213,204
468, 747
484, 561
4,235,167
2,723
5,615
6,808
8,861
8,524
20,390
26,008
37,340
28,382
25,356
21,610
36,107
26,951
47, 169
40,865
207,936
7,425
2,967
2,499
1,886
5,088
1,862
2,843
4,411
6,300
6,362
34,735
55,329
125,932
451,276
446,995
1, 504, 794
373, 046
73,949
79,544
64,198
44,471
32, 027
27,380
42, 506
39,136
41,431
18, 740
11,563
8,397
9,396
5,645
6,261
2,693
4,203
9,404
40, 205
92, 986
109,061
110, 898
122,554
252,482
327,148
499,627
323,070
254,974
227,494
321, 175
251, 355
378, 707
228, 518
866,422
'11, 561
29,577
44,282
50, 305
59,091
130, 052
177, 045
236, 906
147, 813
116, 216
90,461
127, 540
75, 617
94,029
50,502
97,410
'10,491
45, 850
52,522
39,253
29,525
25,424
40,485
37,094
38, 969
17, 650
11, 324
8,100
9,123
5,495
5,707
2,487
4,038
26, 188
76,289
96, 594
102, 238
113,919
240, 840
309, 592
469, 959
305,137
249, 559
219, 336
312,453
244,440
346, 986
212,556
805,317
13,940
39,965
50, 331
54,824
61,930
133,305
130, 025
249,706
151,247
117, 309
90,964
129, 198
76, 533
106, 358
55,496
103,653
33,694
11,676
5,218
4,458
2,021
2,042
3,552
165
9,404
14,017
16,697
12,467
17,295
11,642
17,556
47,601
22,295
54, 598
61, 105
1, 979, 695
8,084,421
8,469,726
247,495
1, 340, 009
318, 843
262, 027
131,617
155,423
U6,294
164, 550
157, 378
168,722
102,703
77,304
59, 178
73,215
41,778 .
45,493
16,406
16,739
19,470
170, 758
384,095
448,737
540, 730
519, 854
976, 259
1,318,648
2,082,615
1,772,552
1, 733, 255
1,621,215
2,524,151
1, 870, 020
2,735,528
1, 398, 252
3, 379, 012
28,316
146,805
188,996
251, 176
240,974
385,486
505,363
782, 591
689,037
659, 133
641, 022
995, 241
741, 371
955, 120
410, 315
490, 306
'26,831
225,749
222,843
161,113
142, 174
108, 378
149,971
146, 358
159,553
98,069
73, 598
56,939
70, 330
40,271
43,139
16,115
17, 575
131, 789
327, 326
398,714
494, 797
484,753
890, 230
1, 221, 809
1,971,389
1, 692, 297
1,652,727
1,559,709
2,422,007
1,802,943
2,592,061
1, 372, 299
3,125,822
81,936
183,673
213,146
267,580
252,928
434,100
526,940
803,432
701, 072
673,339
652,909
1,008,399
747,622
992,344
415,047
515,259
93,094
39,184
20,504
13,249
7,916
14,579
11,520
9,164
4,614
3,706
5,124
3,866
291
1,214
19, 470
33,969
56,769
50,023
45,933
35, 101
86,029
96,839
111, 226
80,255
85, 528
163,650
210,544
23,953
253, 190
(9;
482,349
6,849
18,021
19,229
12,706
13,107
23,702
29,565
44,034
35,531
21,598
19,649
29,857
23,090
38,717
18,753
108,447
7,920
59,959
4,154
4,376
2,838
1,976
7,272
7,360
10, 198
14,978
25, 501
10,386
6,049
7,408
3,253
2,980
3,254
6,243
10,491
385,305
53,620
36,668
24,150
16,404
11,954
48, 6U
21,577
20,841
12,035
14,206
25,045
43,475
4,732
24,953
26,831
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Iteta. "
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
21
SOLE PROPRIETORSHIPS
Table 2 . —NUMBER OF BUSINESSES, BUSINESS RECEIPTS, NET PROFIT AND NET LOSS, BY SELECTED INDUSTRIES AND SIZE OF BUSINESS RECEIPTS— Continued
Industry and size of business receipts
Businesses with and without net profit
Number of
businesses
Business
receipts
(ThouMand
dollmraj
Net profit
tless loss)
dolt»r»)
Businesses with net profit
Number of
businesses
Business
receipts
(Thtiuaand
dollmra)
Net profit
(Tttauamtd
dottarm)
Businesses without net profit
Number of
businesses
Business
receipts
(Thoutand
dotUra)
(Theuuand
dollara)
SERVICE— Continued
Hotels, Rooming Houses, Camps, and Other Lodging Places
Total
(1)
12)
(3)
(5)
(6)
(7)
TsT
Under $1, COO
tl,000 under t2,000. ..
S2,000 under :.3,000...
|3,000 under ;A,0C0...
$4,000 under $5,000...
$5,000 under $7,000...
S7, 000 under $10, 000. .
$10,000 under $15,000.
$15,000 under $20,000.
$20,000 under $25,000.
; ;25, 000 under :
S30, 000 under !
i AC, 000 under !
i ,50, 000 under I
: .75, 000 under !
$100, 000 or more
Receipts not reported.
Personni Services
Total.
Under $1, 000
i ;l, OOO under $2, 000
i.2,000 under ! 13, 000
i 13, 000 under 1^,000
l<4,000 under $5,000
$5,000 under $7,000
S7, 000 under $10, 000. . .
ilO,000 under $15,000..
il5,000 under $20,000..
$20,000 under $25,000..
i 25, OOO under $30,000..
30,000 under :M,000..
40,000 under ;i50,000. .
50, 000 under i .75, 000. .
75,000 under $100,000.
$100, 000 or more
Receipts not reported..
Business Services
Total
Under $1, 000
: ,1, 000 under $2, 000
;i2, 000 under $3,000....
;,3,000 under $4,000
I A, 000 under $5,000....
$5, 000 under $7, 000
S7,0O0 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
Receipts not reported. .
Automobile Repair, Services, and Garages
Total.
Under $1, 000
,1,000 under $2,000
!,2,000 under 113,000
13,000 under 114,000
<;,000 under $5,000
1 ,5, 000 under $7, OOO
i ,7, 000 under $10, 000. . .
1,10,000 under $15,000..
; ,15, 000 under $20,000..
; ,20,000 under $25,000.'.
1,25,000 under $30,000..
; ,30, 000 under 1^0,000..
;»40,000 under ; 150,000..
: 150, 000 under 1175,000..
1,75,000 under $100,000.
$100,000 or more
Receipts not reported. .
134,303
20, 620
21, 686
15,404
11, 053
8,061
11,757
10, 456
11,199
6,807
4,363
2,998
3,470
1,959
2,018
1,181
892
445,496
58, 588
63, 837
53, 971
48,770
36,805
48,204
38,405
35,086
18,129
12,012
3,203
7,243
4,658
4,913
2,407
2,440
( = )
217, 192
45,770
34,493
18,584
14, 531
13,553
17,445
16, 517
16,000
7,097
5,263
5,012
6,278
2,677
4,150
1,919
4,123
3,730
110,829
7,890
10,906
6,932
5,774
6,135
12,483
14, 171
13,085
6,708
6,293
3,718
5,173
2,671
4,045
1,743
2,689
1, 359, 597
140, 148
98,054
1, 135, 258
36, 749
13, 213
32,054
37,854
38,192
35, 729
70, 012
87, 192
136, 910
117,139
98,060
83, 017
122, 082
89,408
119,364
99,615
179, 706
3,799,002
63
1,882
3,056
35
4,144
8,118
8,507
22, 368
18,997
11,768
9,579
14,863
7,008
10,416
9,085
11,959
1, 007, 599
13,299
15,137
10, 941
7,348
6,063
8,484
7,141
9,286
6,140
3,411
2,474
3,013
3,259
1,177
881
402, 731
3,905
22,293
26, 901
25,440
26,997
50, 401
59, 614
114, 502
105, 151
76,104
68,736
104,715
171, 631
99,282
174, 586
3, 590, 594
4,517
8,692
8,628
6,478
7,363
12,773
13,734
26, 826
22,015
14,456
15,019
16,883
19,706
9,213
1,045,986
7,321
6,549
4,463
3,705
1,998
3,273
3,315
2,580
733
33, 273
94,743
134,505
170,349
165,492
282,814
319, 864
431, 603
311, 354
267,707
223,159
245,245
208,243
301,339
204,007
404,800
2, 594, 017
7,952
40,257
58, 222
35,895
85,253
125,561
115,093
1U,359
67,408
60,611
45, 227
40, 761
35,727
53, 728
30, 557
44,136
(')
574, OU
43,770
57,010
49,755
46,753
35,403
44,043
35, 699
33,466
17, 166
11,473
7,830
6,387
4,653
4,630
2,288
2,400
186,489
26, 569
84,322
124, 176
163, 155
159, 161
258, 395
297, 392
411, 691
295, 124
255,258
212,515
216, 974
203,243
284,077
192, 399
400,138
2, 387, 087
14,776
43,974
61,936
87,277
87,421
131, 551
118,742
115,628
69,324
61,469
45, 857
42,772
35,727
53, 979
31, 328
44,225
619, 796
14,313
6,827
4,216
3,419
4,161
2,706
2,533
2,220
l^)
30, 703
24, 260
50, 671
46,453
50,512
60, 886
103, 568
138,422
196, 265
122, 359
117,041
138,256
215,838
119,080
243, 387
165, 159
801,360
2, 025, 505
5,262
22, 865
22, 146
23,625
27,805
47,496
58,075
67, 965
50,816
32, 572
31, 237
50,122
20, 623
36, 889
22,214
60,475
"•1,224
32, 811
30,250
16, 961
13,173
13,026
15,896
15,577
14,709
6,853
4,753
4,596
5,990
2,385
3,791
1,882
3,836
97, 743
19,257
44,303
42, 505
45,753
58,652
94,891
130, 149
180, 249
118, 301
105, 554
126,815
205, 412
106, 414
219, 938
162,000
726, 894
1, 886, 540
12,760
26, 605
23,336
24,614
28,615
49,475
59, 822
73,256
51,224
34,263
31,999
51,748
21, 111
40,297
23,228
67,443
295, 265
12, 959
4,243
3,508
2,489
1,535
1,214
688
287
3,730
4,381
16, 919
16,875
19, 605
27,263
75,714
117,306
160,462
118,372
144,315
101, 040
177, 983
121,127
252, 120
152,920
519, 098
449
5,013
5,524
7,806
3,651
22,506
31,376
37,390
21,786
22,388
15,431
24,199
13,190
26,707
12,870
23,487
4,829
8,987
6,138
4,390
5,505
11,495
13,415
11,951
5,952
5,915
3,305
5,011
2,293
3,792
1,742
2,523
2,979
13,917
14,953
16,713
24,366
69, 792
110, 929
146,227
104,715
135,409
89, 305
171,987
104, 196
235, 157
152,822
492, 573
1,674
6,781
6,427
3,230
9,602
23,469
32,362
39,001
23,222
22,856
16,345
24,366
13,555
27,403
12,918
26,004
3,061
2,713
1,514
1,744
2,268
224,339
4,308
9,761
10, 953
12,752
8,732
19,611
27,578
42, 594
208, 408
6,704
9,921
10,329
13,525
24,419
22,472
36,142
84, 896
5,003
6,368
10,941
16,950
20, 074
33, 354
39, 774
74,466
(^)
1,402
4,924
5,794
12,299
36,793
51,125
98
26,525
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data. "
22 U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
SOLE PROPRIETORSHIPS
Table 2 . —NUMBER OF BUSINESSES, BUSINESS RECEIPTS, NET PROFIT AND NET LOSS, BY SELECTED INDUSTRIES AND SIZE OF BUSINESS RECEIPTS— Cone Inued
Industiv and size of business receipts
SERVICES — Continued
Repair Services. Except fiuUxxttive
Total.
Under $1, 000
il,0OO under i2,000.
12,000 under 13,000.
$3,000 under 14,000.
$4, 000 under $5, 000.
i7,000...
$10, 000. .
415,000.
S20, COO.
$25,000.
;;5,000 under i
;7, 000 under i
; 110,000 under I
: ,15, 000 under I
! ,20, 000 under !
,25,000 under *30,000. . ,
130, 000 under I ;iO, 000. . ,
AO, 000 under : ,50, 000. . ,
150, 000 under i 175, 000. . .
,75, 000 under $100, 000. .
$100, 000 or more
Receipts not reported...
Recreational Services
Total.
Under $1,000
:,1,000 under $2,000
: ,2, 000 under $3, 000
i ,3, 000 under $4, 000
:A,000 under $5,000
$5, 000 under $7, 000. . . .
17,000 under $10,000...
$10,000 under $15,000..
$15, 000 under $20, 000. .
$20,000 under $25,000..
i25, OOO under $30,000..
30,000 under ;;40,000..
40,000 under ;i50,000. .
50,000 under ; 175,000. .
75,000 under $100,000.
$100,000 or more
Receipts not reported. •
Medical and Otiier Health Services
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...
i 25, 000 under $30,000...
30,000 under 1^,000...
40,000 under :, 50,000..
50,000 under :, 75,000..
75,000 under $100,000..
$100,000 or more
Receipts not reported..
Legal Services
Total.
Under $1,000
tl, 000 under $2, 000. . .
$2, OOO 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.
i 25, 000 under i
30,000 under i
40,000 under !
50,000 under i
75,000 under !
$100,000 or n£tre
Receipts not reported.
Businesses with and without net profit
Number of
businesses
161, 640
35,734
26,082
15,346
12,957
10,042
12,973
14, 518
14,271
5,943
3,328
i')
3,523
2,888
885
103,091
20,330
12,888
9,017
8,370
6,031
8,166
7,910
7,765
4,274
5,388
3,512
4,325
1,496
3,619
405, 673
31,498
35,798
28, 361
27,683
17, 742
22,136
24,122
38, 795
31,960
31, 860
25,982
35,384
22,063
20,901
5,600
3,834
1,954
123, 896
U,642
8,866
7,314
7,549
5,981
12,969
13,687
15,791
13,441
6,926
4,745
4,930
3,159
919
799
1,006
Business
receipts
(Thouaand
dotUr*}
1,219,707
18, 568
37, 598
37, 593
44,910
44,801
78, 393
120, 883
173,485
101, 106
76, 337
119,215
156,696
73, 001
1,196,779
10,215
18,824
22, 229
28,902
27,032
48,480
65,038
94,683
74, 670
134,352
122,177
249,594
300,583
7, 628, 233
18,269
53,218
69, 969
96,434
78,675
131, 369
199, 744
485,071
550, 697
716,596
715,747
1,223,228
984, 036
1, 247, 390
476,913
580,877
1,642,405
6,646
12,710
18,090
26,463
26,793
77,640
116,274
200,250
231,831
154,378
128,760
170,363
140,924
76,253
125,872
Net profit
(less loss;
(Thouitnit
dottitf)
13;
288, 389
3,838
8,844
11, 355
15,590
16, 785
29,264
40,929
52, 720
25, 833
16, 269
(^
18,970
22,840
8,632
(^)
99,316
'4,400
^275
3,256
7,561
7,361
5,997
10, 526
20, 701
8,966
15,991
18, 370
'U
13,010
'7, 735
4,045,491
5,157
31,555
43, 633
63, 373
49,453
42,848
93, 019
244,157
287,622
376, 191
405, 529
684,594
547,604
697,974
257,503
217, 549
'2,370
877,231
'691
3,080
7,626
12, 218
13,524
44,303
64,879
117, 660
134,588
85,475
71,354
97,627
70,806
34,196
48,703
850
Businesses with net profit
Number of
businesses
(4)
136,468
24,228
20,372
13,179
11,703
9,538
12,329
U,4«6
13,491
5,565
3,209
1,231
2,762
885
(^)
72,599
11,058
8,398
6,638
7,020
5,269
6,131
6,299
6,749
2,828
4,706
3,100
3,370
1,033
386, 886
24,845
32, 814
26,495
26,767
16,542
21, 192
23,624
38, 124
31, 916
31, 327
25, 981
35,258
21,775
20,899
5,566
3,761
8,172
7,010
6,086
7,010
5,649
12, 516
13,639
15,613
13, 365
6,925
4,704
4,941
3,156
2,121
916
799
Business
receints
(Thousand
dolUru}
(5,
13,701
29,387
32,417
40,561
42, 583
74,659
111, 977
164,111
94, 503
73,475
108,377
148, 214
73,001
916,474
6,508
12,383
16,422
24,208
23,652
36, 555
51,111
81,888
49, 692
117, 511
107, 807
193, 517
15,215
49,009
65,270
93,206
73, 330
125,434
195,730
476,617
549, 972
704,185
715,720
1, 218, 680
971,437
1, 247, 280
473, 781
570, 252
1,622,278
4,645
10,106
15,083
24,591
25,305
74,899
115,858
198,403
230, 581
154,357
127,655
169,027
140, 789
129,094
76, OU
125,872
Net profit
(ThauMMnd
doltmra)
i6;
305,892
7,117
13,962
13,063
16, 457
17,003
30,108
41,960
53,300
26,478
16, 310
19,786
23,512
8,632
198,709
3,366
5,753
6,767
10, 280
8,412
10,729
14,402
23,949
13,071
22,518
21,815
24,115
4,100,354
12,247
34,478
46,119
64,713
51, 563
70,231
94,460
244,769
287,717
380, 617
405, 531
684,631
549,791
698, 036
257, 579
217,872
889,263
2,927
5,533
8,849
13,503
14,426
44,850
64,982
118,128
134,702
85,478
71,441
97,881
70,859
72,746
34,255
48,703
D" sinesses without net profit
Number of
businesses
25, 172
11,506
5,710
2,167
1,758
1,676
1,689
I')
30,492
9,272
4,490
2,379
2,112
3,646
1,016
2,128
1,367
463
3,619
18,787
6,653
2,984
1,866
397
1,954
U,274
5,470
1,856
1,767
1,006
Business
receipts
(ThcuMand
dollmrm)
97,956
4,867
8,211
5,176
6,567
12,640
l^)
280,305
6,441
5,807
8,074
25,852
12,795
41,819
68,744
1OT,066
3,054
4,209
4,699
26,466
20,127
2,001
2,604
4,879
4,645
3,097
2,837
Net loss
Cthouwand
dollmra)
>9,
3,279
5,118
1,708
2,754
99,393
7,766
6,028
3,511
3,770
8,608
3,248
10,632
36,990
11, 105
7,735
7,090
2,923
2,486
29,436
2,548
2,370
12,032
3,618
2,453
1,552
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data. "
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
23
SOLE PROPRIETORSHIPS
Table 2 . —NUMBER OF BUSINESSES, BUSINESS RECEIPTS, NET PROFIT AND NET LOSS, BY SELECTED INDUSTRIES AND SIZE OF BUSINESS RECEIPTS— Continued
Industry and size of business receipts
Businesses with and without net profit
Nujnber of
businesses
Business
receipts
(Thnutand
dotUra)
Net profit
(less los3>
(Thautand
dott»r»)
Businesses with net profit
Number of
businesses
Business
receipts
(Thou»»nd
dollar*)
Net profit
(Thouaaad
dollmra)
Businesses without net profit
Number of
businesses
Business
receipts
(Tltoaaartd
dollmrm)
(Thouaand
doltara)
SERVICES — Continued
Educational Services
a)
(2)
(3)
(5)
(6)
(7)
Total.
Under $1,000
il, 000 under A2, 000.
2,000 under 13,000.
3,000 under £4,000.
4,000 under $5,000.
£5,000 under i
£7,000 under ^
£10,000 under
£15,000 under
$20,000 under
$25,000 under
$30,000 under
£40, 000 under
£50,000 under
£75,000 under
.7, 000
ilO, 000. . .
515,000..
20,000..
25,000..
130, 000. .
i40, 000. .
;50,ooo..
175, 000. .
il00,000.
$100,000 or more
Receipts not reported.
E^£ineer^T^p and Architectural Services
Total.
Under $1,000
$1, 000 under $2, 000
£2, 000 under $3, 000
£3, 000 under £4,000
$4, 000 under $5, 000
i5,000 under $7,000
7,000 under $10,000.. .
10,000 under $15,000..
15,000 under £20,000..
20,000 under $25,000..
i 25, 000 under $30,000..
30, 000 under ; AO, OOO. .
40,000 under 1150,000..
50,000 under i 175,000..
75,000 under $100,000.
$100, 000 or more
Receipts not reported..
Accounting, Auditing, and Bookkeeping Services
Total
Under $1, 000
i a, 000 under $2, 000
1 12, OOO under i :3, 000. . . .
1 :3, 000 under ; 14, 000. . . .
!«i,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..
$30,000..
AO, OOO..
$50,000..
£75,000..
$100, 000.
$100,000 or more
Receipts not reported. .
Other Services
Total.
Under $1,000
il, 000 under $2, 000
2, 000 under 1 13, 000
3,000 under l<i,000
4, 000 under $5, 000
$5, 000 under $7, 000
£7, OOO under $10, 000. . .
£10,000 under $15,000..
£15,000 under $20,000..
$20,000 under $25,000..
125,000 under $30,000..
30,000 under ; 140, 000..
40,000 under : 150, 000..
50,000 under : 175,000..
75,000 under $100,000.
$100,000 or more
Receipts not reported..
59,626
19,410
14,936
7,419
4,096
3,697
5,841
(')
45, 022
8,162
5,517
3,983
3,111
2,227
3,283
3,214
3,816
2,377
2,670
1,393
87,290
28,072
14, 035
6,640
5,105
2,996
5,483
7,573
6,891
3,593
3,519
2,802
85,137
29,127
12, 983
8,646
6,424
3,024
5,590
5,525
4,419
3,585
1,791
728
97
3,198
251,913
83,408
53,452
233, 8A2
87,627
6,174
11,437
21, 355
18, 220
13,956
16, 292
39, 210
45, 303
27,587
58, 553
772, 114
5,942
11,942
10,716
8,075
7,897
18, 278
4,793
6,455
225, 902
16,084
13,845
7,005
3,968
3,570
5,587
9,892
19,904
17, 267
13,521
15,729
37,574
37,989
57,861
747,897
6,738
12,480
10, 987
8,204
8,210
IB, 648
5,453
236, 202
3,326
1,760
(')
7,033
4,206
7,775
9,810
10,803
10, 022
19, 626
27, 808
44,976
53, 390
73,998
143,257
68,947
297, 496
578,289
408
1,701
4,018
5,707
5,796
10, 980
14,045
22, 709
26,768
29,333
40,992
18,429
46, 741
285, 7«
5,312
4,504
3,570
2,949
2,193
3,206
3,056
3,492
2,782
2,213
2,538
790
1,384
81, 628
3,075
6,356
8,816
10,272
9,869
19, 176
26,398
41, 376
53,335
69, 517
134,834
68,947
295, 926
568, 298
1,855
3,427
4,787
5,746
5,813
11,256
15,265
24,681
26,781
29,711
41,529
18,429
46,922
289, 614
2,850
1,622
308
5,662
13,242
20,224
16, 254
18,268
13,487
32, 142
64,228
86, 175
62,587
85, 762
124, 660
41, 260
413,120
6,737
12,484
8,885
10, 353
8,316
21,085
39,266
49, 275
31,602
40, 557
47,155
10, 183
178, 398
23,778
13,586
6,307
4,910
2,962
5,483
7,539
6,891
3,593
3,517
2,676
11, 618
19, 667
15,407
17, 591
13,324
32, 142
63, 967
86, 175
62,587
85,719
41, 260
385, 535
7,858
12,678
10, 145
10,494
8,325
21, 085
39,287
49,275
31, 602
40, 557
10, 183
200, 319
4,294
1,173
13,048
18,004
20,885
22,336
13,377
32,722
46,458
53,279
58,107
48,193
18,885
'2,401
7,457
10, 559
10,938
5,989
14,944
23,254
27,952
36,484
9,219
'2,977
L7, 563
9,425
0,930
15,179
8,038
19,497
5,683
19,786
2,658
11,785
5,261
30, 737
5,231
44,259
4,216
51, 165
693
96
67,060
45,327
18,757
6,101
9,310
12,102
U,534
6,175
16,078
25,221
28,225
15,440
9,260
11,564
2,053
3,198
18,071
1,545
3,402
13,124
1,131
3,097
1,624
8,367
27,585
3,623
2,825
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data.
24
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
SOLE PROPRlETORSfflPS
Table 2 . —NUMBER OF BUSINESSES, BUSINESS RECEIPTS, NET PROFIT AND NET LOSS, BY SELECTED INDUSTRIES AND SIZE OF BUSINESS RECEIPTS— Continued
Industry and size of business receipts
Businesses uith and without net profit
NuiDber of
businesses
Business
receipts
(Thouiattd
doll»r9)
Net profit
'less loss;
( Thoutand
dotl*T9i
Businesees with net profit
Number of
businesses
Business
receipts
(Thouumnti
dotlmrm)
Net profit
(Thcuttnd
Businesses without net profit
Number of
businesses
Business
receipts
(Thoua»nd
dolUrM>
(Thoua^nd
dolUrm)
NATUHZ or BUSINESS NOT ALLOCABLE
u.
1.3,
'.5,
(7)
18
Total.
50, 333
616, 396
76, 672
39, K2
-183, 235
90,550
U,191
133, 161
Onder $1,000
!1, 000 under 42, 000. . . .
2,000 under 13,000
3,000 under £.;,000
4, 000 under f 5, 000
i5, 000 under 47, 000. . . .
17,000 under $10,000.. .
$10,000 under $15,000..
S15,000 under S20,000..
$20,000 under $25,000..
$30, 000. .
140,000..
450,000..
S75,000..
$100,000.
$100, 000 or more
Receipts not reported..
U,465
7,941
4,838
2,703
2,140
2,647
3,297
5,027
2,088
2,250
1,575
4,362
6,036
11,579
12,292
9,208
9,653
16,279
26,877
72,929
58, 171
125, 657
267, 715
2,581
5,803
5,254
3,938
2,836
6,300
8,015
16,327
13,284
8,846
'4, 950
9,289
7,017
4,207
2,448
1,561
2,319
2,975
4,372
1,793
2,118
1,043
4,908
10,279
10,851
8,327
6,995
14, 386
24,127
64,946
48,706
119,846
169,864
3,616
6,554
6,084
4,165
2,974
6,759
9,1B7
16,943
9,373
14,534
10, 361
2,176
1,555
1,162
977
1,128
2,741
10,733
113,127
4,362
U,878
1,035
1,581
4,950
^Net loss exceeds net profit.
^No reliable estimate of the sampling variability can be obtained from the sample. However, the data are Included
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Eftta. "
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
25
1
i
li
♦J
c
CO
S
S O m ^ C^
ya »H 0^ nJ rH
rH CT^ to C^ «0
>n rH ,0 vD r-f
m (J^ m \D CO
(^ rH
S3
en
s
01
u
i
CO
i
-p
■s
s
31
4i
o
m
(U
§■
^
in
s"
in
16,277
29,463
40,575
41,036
48,245
40,928
28,588
32,-188
18,721
23,940
39,073
43,369
54,425
33,085
47,613
O
m
00
On
ON^
o^
1
CO
1
w
c
1
CQ
en
rH
o
32,075
48,327
55,529
53,184
52,182
50,962
40,148
20,273
25,349
24,104
41,383
31,966
49,139
29,980
47,797
is
si
3!
S3R55
SSSSSi
-J m 00 r- cn
-} m m en 00
en ijv
in
m n
it
e
•
t-
R
vO CM CM CO t^
m cn o o t^
CM --r vD rn CM
O ^ en ^ ni
CO cH t~- CO rH
en en o O to
in to rH m rH
xo rH O en rH
§E
rvj (\i O t^ m
to t> rH M sJ
CM b- sJ rH CM
^^':^^'£
m CM en .H nj
CO St si O CO
en si c^ to in
^ * "^ ^ "i.
r^ (J- -J- en ^
t^ CM >I CM b-
-f in -a en m
CM^
lo"
S
si
O
P
P-
o
si
o
O O »ri CD CM
^r;o cj^o
o ^^^-^t^.H
^- -vj a- vo CO
to o o> P- to
p- m rH 00 00
p- ON m p- to
si en O rH rH
00 m c- b- ON
C^ P- >I f^ (D
psggs
g
s
Sj"
8
ON
i
\0
rH
m >o O m tn
r~ o o u-i o
CM >r <n -J ^
r- O <n CM ^
InS^M nJ JQ
en m -J (M C^
to en
i
2 J2
g
CO
SSSS3
O^ CD O O^ "n
-J en a- 0\ en
^ 3 S tn en
laSsS
o o
S
o
sT
v£) CO >^ <^J C-
T\ O ir\ tr\ r^
CD CD r\j P- C^
si en m c- O
>D 00 CM ^ rH
si en en CM m
RSf:S5
m nj rH -^ -I
(-H
O-
s
s
3
s
sf
(*^ iH r^ ry %r
33SSS
-* P- <H rH C^
p- sf to en -5
CM
sf
>J3
O
in
CM \0 vD tn O
CO <n en en <M
^ >T en rH CM
s
to
sssss
r- si si nj nj
tn en en rH rH
CM
•O en CM rH rH
O^ NO CM CM nj
enni nj rH rH
S
■o
«
1
c
o
1
g
CM
rH t^ C- O C
C^ S *"* S "^
■H CO (M CM r^
CO CO tn en rH
m c^ a> m to
en en u^en %D
m en c^ c> «o
?J So ni CD
[sen 0*1^ CO
r^ rH rH i> ni
m o
to^^
•a
E
fH
CD
&
sT
rH
en
si
o^ si (J. o nj
•£> si C-- vO to
m m rH to CO
rH en si St ^
en m in >o tn
m p- c- en rH
en en ^O CM CJ'
si en eM CM rH
ON m o to rH
RSSSK
SSSSS
CM ni CM rH CM
^,
si
s
>
s
1
Ci.
8_
rH
1
3
to en * O 5^
ON en f- vo -^
CM NO ^ rH 00
C- CM tn C- rH
CO -O to si CD
rH O O CO r-
t^ CM -I m o
CM rq^vd rH CM
en sTcnTp^On"
tn en en rH CM
s
en
CO
to
5
1
(X.
to iJ
Ik
IT
3
cy-
S
^
(H CD CO rH O
•i) 0\ m CM •£!
to rH ^£l O ^
O -O CO --J C^
m CO rH nj CM
rH (H •-(
.o "4 en 00 m
->J O O rH 00
SSSSR
rH
^o rH m in CM
sj 00 o t^ a*
C-^oj vO sf nj
QTcrTco O^in
(H rH
O CM
(n rH
rH
to
a
rH m O ^0 CM
SSSS3
iiiii
r-t ^ O'' i-A J>
?fS3SS
\0 CM CM -I ^D
CM CD O rH rH
oi cn ,H c^ 00
N (^ CM c^ rH
en m CM O vD
fs si O rH CJX
-iT P^ l> in xo
lO CT» to r- t^
nj CJ> CM O sf
O
s
s*
o
en
vO
If)
to
o
1
K
rH P- vO Q CM
CM o p- o c^
en si sf si en
en f^ 00 3 <J«
CO P- vn ^ p-
0» vO sf O (M
vO si CD en >o
<-i <-i r-l r-l
S3
p- •-{
P^en
(j-
^ in m «o m
>I en en CM CM
en CM en CM CM
fe
is
vO
S
oj rn CM cn C^
-4 xo c^ to r-
->i r^ to >o -J
o 3 to 8 o
C^ r- in en CM
■D rH
CO
to
sf
8
n
O CO CTi m rH
aS55S
gsSsa
si o en en vO
p-
'
1
5
P-
On ^ NO r^ to
\0 sf rH O sJ
P- C- CM sJ si
CM C^ CO 00 en
o m cjN P- c^
NO
NO
g
3
1
g
«SSS5
00 O CM rH C-
Ojry rH H
o 00 \o en en
S
to
rH
rH en O^ CT> CO
en c^ p- r- (^
> si en CM rH
>D rH lO xO P-
CM CM rH
3
3
si c- tJi m cjN
CM CO vD sf (M
si o in >i CM
encM rH
U
s
a.
■t-'
■z.
1
:
1
i
c
s
s
o
o
^ <M m 0\
o^ cn t^
CM to t-
Os^ 00 vO
cn c^' C^
r- 1^ a; o
in \jp o CM
to 0^»n cM^^
v£) c-^cr'rH
ni
P.
en sj
to
s
E
rH
iH
5
to
>£) o nj o> to
rH si ^ pv "O
to rH O F- CD
en si c~- -f *o
CM m \D c6 o^
CO si rH en fM
to ^ rH rH in
m iH ni CT» en
O 0> rH >£) (H
>o in r- sj ^D
O rH «0 t- <M
en c^ O >f CM
Oj" O^ rH Cs CO
CD o- en O CO
S
CO
sf
CO
NO
si
rH
sl^
Ov
1
- o
S a
e|
- o
1°
to
3
rH
ON
s
8"
ni
NO CO CO lO rH
m^O^oD en si^
en P^rH P^CD
CM nj (M rH ni
en rH vO -^
o a« cNj p-
sTo o o"—
m rH in ON
O xD en O"
rH ON to j;piO
NO nj
m
s
a
H
H
M
Tl
1
to
m vS o ->!■
mo 1
to to to
\o to m sr
o\ en c^ CM
^o o C^in"
CM sf <n CM
rHCn
O nj
CM
rH
CM
sJ
g
rH
>0 si C^ rH \0
So S hS
rH o C-^\o'in'
O^ CO ^ CD O
^0 •£) 00 rH H^
ni \0 en «D m
-* O rH CO \0
c^ f- CO si c^
in -i'oo f^cT
CO iD c^ in -J
O 00 xO si C^
en \D rH m nj
<M xO to si si
(H rH^ CM -J vO^
en orfxT'^cn'
•£) ^0 rH CM CM
rH (CrHcn
NO
<n
CO
e3N
3
CO
-J-
en
to
nj
en
rH
rH
C^ si 00 to -^
ssss's"
r\l i-i x-t i-i
O rH ^0 CO
ssss
en sTnOO-
iO m in moi
CT- P; ^O CO
rH O CM m
rH P- ^0 O
icCp^in '^O
0> -^^ ene^ en
§
si
en
cn
s
CM^
OD O in to
CD -.r O CM
^ o -J- b-
•i) tn CM rHN
in en 00
oj en m
D- en C-
>0 lO (J, to
rH iH CM Sf
in sT sj ,6
S^
5
a
S
00
o
vO CM O "H rH
C^ f- en si m
si o iO CO ni
CD sj O -J en
si ^ C- to vO
P
5
CO
en
g
O
to rH in <M CM
CM m o en sJ
si rH o O m
rH CD nt o
O IN ON o
O P- si CM
a
rH
?
s
s
s
op in C- sf rH
■^ entM CM ni
CM 0\ 0^ m -O
D- r- C^ >I m
en
CD
CTi
SS""""
nj rH rH i-lrj
CD
1
C>4
1
to
1
c:
a
s
o
1
1
CM
3
2
c^ to CT. o S
>0 -nT O -J- O'
§l35s
sKS^i
SS
O
rH
s
CO
s
sJ
0\ en -^ en CM
o en en sf m
o o m CO en
<J« en CM rH en
rH sJ m ^0 \0
ff. t-- -J O m
Soggo
O r^tn <H en
sssss
CM in rH O xD
o sTo'^in'o''
o
ixT
CT-
rH
p"
1
si
-^
o
oT
to
o in CM -f lO
O nO rH P- {^
in m a- st ON
CT> CM m en vD
-J en CM ON On
nj si in si si
\D si CM rH si
in CO CM nO F-
cn «o O en o
to -O P- CM to
in ON P- m C--
-^ m 00 nO <n
p-
5
nD
a
c^
CM
m to C- m nj
en m CO rH rH
m o nj nj to
R5SS8
rH rH rH rH
5^
iF
p
o
g
o
•H
p
s
1-1
U
CO
cn
g
si
M
el
§
CM
CM -■! en m <3'
m ^ CM -J rn
kO \0 r- m en
Ov tn St O O
CM ^ <n m cJ>
CT* to sr vO c-
rH .£1 m st m
o CM to en to
t- rH c^ si- o
sr m
3
m
sT
to
sJ
s
(jv c^ r\ ^ p-
rH vO CM t^ si
-J^ CM rH m to
-J ^ m 00 r-
rH 6 CM en rH
^0 in -J en en
SSSSS
^D rH O O m
3S3!QS
C- lO ON r^ rH
si si m tn vo
lO CM_^
r-i l-t
i
-I
ON
CD
§
-I
en
1
o
si
r-l
CM
m c- H oj to
CJ' rH m o en
rH rH rH rH rH
rH O ON ON «0
•-^ r-l
-J P- -* -O lO
rH to m rH CD
CM s} ON en ON
rH rH rH rH CM
si
ON
00
rH
m
3
CO
-J-
IP, P.
to b- rHO m
CM m "ij en rH
m CT- --J vO (n
en CM rH c^ v£>
rH CO tn tn CT"
,o m vo nj vo
*0 CO
CM en
CM CM
rH
in
■5S
|l
II
s
CO 00 m en rH
C-- CO --t en o
c^ c- rH CM v£)
si- CO CM f^ m
CO CO O; o en
sj C~- & rH sj-
r- ^O O rH CM
in sT
sJ
s
o
rH
to
s
o
o
m
rH
CM 00 si to O
00 C^ m m -.1
rH ^D b- in b-
in cr'cM''n"o'
S^SS2
en CO O- ^O^ to
en CM O m CO
_a» "O m en (M
en m HJ Q m
in vO CO O en
in l> ON^ cnoj_
3
S
8
CO
c^
nO
ON
8
nj_
nT
O en nj ^D m
nj \D P- NO P-
m C~ rH -^ P-
en P^encM o
CM ON rH ■>! rH
mWCM rH rH
p- O m to x£i
gKSSS'
ento en O P-
to en [> -J ON
rH -J O CTN P-
sf sJ m nj sf
8S;
CT^sI
m
3
5
CM
a
§
S
rH tf^ nj rH rH
vO rH C-- sf 00
•^ m i~i r^
CM O CT- en en
rH t~t
a
a
to
5
03
M
i
s
a.
^
0)
1
3
CO
iH
nj
3
s
CM
c^ --f f^ o; to
0\ CM CT- 5 to
in CO rH CM^O^
r^ (N ^ rn !n
rH rH CM M O
si- O^rH^CT- in
st CO CO CO ^
in CM o en t>
sj O CM fM m
•D c^ CM CD in
^o CO o m c^
en m 00 CM in
rH rH rH rH nT
S3
sr^co
\D <n
en
§
Is
II
O 0)
gs
-*^ c
(0 ID
(^
g .
m
00 CT ^ ^ CT-
O Oi lO CM nj
rH ^ rH in en
-O c3 si (D en
rn rHOO CF> en
>I si CM •-H rH
O si st^ sl^ ICA^
ON *n en ^o CT*
o
CM^
00
sf
C V
c
s
(I.
3
to
sT
NO
m xD O m CM
vO O rH rH CM
rH CM nO en P-
ON nTo rH to
si (J\ O rH O
en m rH CM rH
rH CO m vO en
^ p- to vO C^
SggSS
(M K S (J- nj
CO CM m sf CM
CM
8
3
St
o
o
1
CO
3
to +3
1
1-1
C^
cn ^ vo 2; -J
t- rH Cr- fe rH
-.J >J to to CT-
t~- in en en sj
CJ\ rH en CT> rH
-J- o> rH o^ r-
o F- en > (M
Cjv c^ CM en ^
S St
s
P
si
3
-J
in
O
en
r- cn o g; r^
O > CD 6 CO
en CM o (T> en
O^ tp m {jv en
S33SS
CM sj in c^ m
m CM o^ CJ^ en
rH O MD M3_C--
rH Oi D- px r-
rH CO ry vO ON
to rH CM CD en
r- NO O ON CO
CM rH rH rH
ON Si
en in
3
NO*
■o
8
sl^
si
s
sl_
rH
-f
t> O rH rH si
P S ^ o In
tn F- m xD c>
(M nj CM nj CM
3338S
NO -J <n nj p-
rH ON en «D cm"
CM (M O P- nO
en nj m rH rH
rH P- rH C^ m
(M CM tn nj en
tn rH
ni p-
en
p-
nj_
m
S
-J
o
P
C^ C^ CD M3 O
in f- \0 r- -J
(M rH rv to rH
CM O to \D CM
S <n rH to -J
vD O O rH nj
a* m O CM rH
en o en m CM
-^ CO st m in
en CO
si
1
g
S
fy >j -J m cn
O CJ* r- vO m
CO 00 O \0 CM
rH r-t
en
CTJ
1
O ^
s
s
t^ C^ tn to in
g; c^ oo (M vo
O O^ O b- rH
CO si rH m cj^
fn ol 3 ?I S
sT rH (jv in S
ss
rH
b-
m
00
^ CM f- si m
sssss
CT- en CD CM si
en m c^ rH ON
a
Oi
S
3
m O en m rH
^ nj m rH >o
ON P- ON ON nj
CTi en >t -J CO
SPSRirt
to en CM rH p-
nj si si ON o
CM to ni -J- xO
3
to
o-
-^
ON^
p-
i
p
5!
C3>
-f ^ O^ vD ^
ni •-{
c^ o\ sr o to
CM rH rH rH
iggsf;
sj-
1
00
O
CM
PSRSiS
r- \D tn eM rH
CM rH rH
^
s
S33SS
r-t (^ ru to p-
CVi r^ f-1
O On ON -^ ^
n
s
o
1
i
1
1
■s
IS
■5
S
c
1
1
■P
-H
■P
o
■s
i
1
g
5
rH
■P
1
1
?
■a
c
0)
?
0)
c
1
X
s
i;
o
c
1
?
s
1
1
CQ
1
m
■p
S
1
c
?
■p
to
1
V
1
2
♦J
S
JZ
s
■H
0)
eo
0
1
1
01
c
1
■p
1
%-•
p
■s
CO
CD
S
1
s
1
S
I
,a
8 :
O •
s"
1
8
o
g
O
11
1'
o8"
CM in o m o
u y< u t. u
cM^inO in O
U U U f^ u
•O -O "O TJ TJ
§§§§§
88888
O O ID O O
CM in O in cT
u i- u u u
■a -O "O 13 T)
§§§§§
CD cnT in CD* in
!§§§§
§ i § § 1
:§§§§
§§§§1
:§§§§
§§§§!
Cn
O
8 (U 01 a; m
Fh F^ t. M (h
0) oj 0) a> <u
■O tJ T> -g 13
■«* o — o
U ^, ^. U l^
**0 O O D
V V V <U V
c
o
p
8
guas*
SJ&^4^^
u^gas
■«* ■te-
C rH CM en -^
»■«■■»-««■■»
^^^s^
*Sa»8
in
lud^i
^^«»^s
26
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
5 I
3 a> C -fi
: I
ii
to w "5 -N
■p-* 41 J 3
3 OJ p "O
& :
J
1$ \i
T' ■«
iS- 1 .
32
III
r-oc^(MC^ «^rHo\i-)r>- ^•hiaih-o oo
t»r-0>ff>fM OJtDTOu^f^ f-f-iHi-lr^ \0-4
O<^'O(T"00 0O(J>iC'^CO r^t^-Ju^iA dio
!3S
H OO r- -i) o
jps
_P3
O 00 O'
5 00 >£> ^ O f^ <-i
-^ f t- •£) --H CT"
J r^ >j nJ O O 1ft
r n r- \0 >o --I ■•»
TOiH\DCT'0 tDOrViHfM tCrHirvODu
C^^fCOOOO OknC--0^™ ^OCOt>JO iTir
(MOODtOrH COCOOCO 0-»fCT''ft>J OOf
CO r- c^ o-
t-Hf^ -■I'.DO't^'O fHC0O0*O
(NO' ooiArycMf- cO'ftt'-'^
iHinc^tiJin ooo><"
u^00i-<0 >J--Joj-j-iH cymcM<r\m rvjto r-
t--CT'a>o^(M ojriCTirHC- rgOmc^iA ryift to
wtof^iAu-i r^iHo**©!^ tor\j-j-cn\o rucM [^
itoCT' ->iOvO(na* o»oOr
^
(Tl ^ C^ {J> lO
NT oo r-I -^ m
•n m o o o
rH m o o tJ-
a- ^ -o Tl rvj
pi ry fy c
ry O CM r- O f
■V TO CO O- r- CO
fnTOr~ir\cM C--«ftCT»ir\
0\ r^ ^ *0 ^
i-H ^ fM m -ij
-) to nO t^f* (^ >
^ rH O O «
^O t^ C^ Ift r
0 ul ^
;::?;;^cJ
(M a* xo d o
tO O* O 00
n o vt
t^-o* to
oo eo m to<x
O iH \0 ry o
PO O^ ^ .-1
si «n <M >/
^ S 2
I ^ t. (h (.
> -O "^ T3 T3 •OTItJ'On
OJ lA O tA C
49 W^*
o-o'O'a'a •OTitj'O'o ccccc
i§§§§ §§§§§ §§§§§
■H Cr-ifyf^^ iAvOC^mc> -H^r-irvrg tn^
2 3-«4ft-»«9 «^-«S*»^«» ^^*»*9.^,,$ «>«,
to lA rl CM r
rv O O (^ f
t^ t*- nT ^ «
O O
co -^ >r TO f- f^ ov
C^ AJ O f^ lA t-- r-t
AJ f-l lA vD 1— I OJ 0«
C^ to -^ AJ Al
O -^ 'O '•t -^ '■D ^QC^ro^ --Ir-flAU^r-t CT>C
1-1 CO-J'-iJOTO OO-OiATO -OsOOJ^n^ f->j
-" 00>-ir^OJO .Hr>iA<^0> O^C^iA-sJiA «t
ojf^or-TO om^c
OTOAICT>r-- lA^TOTOAJ iAu-i,£)a%TO OCT*
CT-'OO'tOC' AJ^IOOOJr-i t--OTOi*^•£J AJO
*OAJ--JC^-^ r--TOiAAJTO AliAtAiHO CT'C^
tiHlAC~- OCOW^OiA
^r^r^-^f A10•-JTOO^
^ \D -^ OJ Al AJ rH
AJ Nt TO
COOfV'-l^ TOAJCO-O-^ '^C^O\D>I >ir^
00-It^O> t^OlAOJlA r->£>0*lA'A -JrH
Or^iH>OAJ OOOTOvO-i) AJO^f^f^-H (^Al
AJ o TO >r o* nj
1 o r- S
00 ^ y
AJ >J U
AJ S
*D >0 O TO O
AJ rj CTv TO iH m
\o t^ lA AJ o r-
3 s ;-i o
■H C^ TO ^
t^ -O AJ Al TO O O
\ si si ry AJ AJ r
\0 [s- n TO OJ
0\ TO C^ f^ t^
CO r- r- o o
•£) sj r- O TO o
^o^-»OAJ TOiA o
3f-(TOA|f^ lAiHC^Csu^ \0(^CT>TO'~-t
JsJiOsJO TOAJC^TO\0 r-HCTiOstO
IxD^Hi-tO r^nTOOst rif^t^stt*.
\0 C* Al -J AJ
•O t^ AJ O O-
CT- AJ CO O AI
-, . - AJ O AJ -O
lA AJ On O TO tT
- O <^ r ■ - -
3 TO tp
H CT« O
(-1 to AJ \o AJ rv
5 "
•s s
* AJ lA O lA O
3 r-* r-t fy AJ >A
H *> <^ *> ^» •»
• t, tt u u
1 -o -o — —
5IIII mil §§§§§ §;
13 -*■*•■ ""-'-•'OajiaOiA oo
CrHryt^-J lA^C^TOCT' .-<r-<r-tAJAJ IA.-I
■3 "
^
■H
^
a>
•a
F^
B'
ti
3
c ♦*
7i$
SOLE PROPRIETORSHIPS
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table 4.— INVENTORY REPORTING PATTERNS, BY SELECTED INDUSTRIES
27
Total
number
Percent
reporting
inventory
Businesses, urith and without net profit, reporting inventory-
Both beginning- and end-of-year
Beginning-
of-year
(Thouaand
dollars)
End-of-
year
(Thouaartd
do liar a)
Beginning-of-year only
(Thousand
dollars)
End-of-year only
(Thousand
dollar a)
Number of
businesses
not re-
porting or
without
inventory
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
All industries.
Agriculture, forestry, and fisheries.
Mining
Construction
Manufacturing
Transportation, conmunication, and sanitary services.
Wholesale and retail trade
Wholesale trade.
Retail trade
Finance, insurance, and real estate
Services
Hotels, rooming houses, camps, and other lodging places.
Personal services
Business services
Automobile repair, services, and garages
Repair services, except automotive.
Recreational services
Medical and other health services..
9,li2,359
3,505,090
33,691
646,316
186,901
283,553
2,003,785
269,063
1,582,002
4^6,995
1,979,695
13i,803
445,496
217,192
110,829
161,640
103,091
405,673
20.9
3.3
5.3
14.6
38.3
2.4
66.8
35.6
73.5
13.5
7.3
18.8
9.6
39.4
45.9
11.9
3.4
1,655,485
99,679
76,787
60,543
4,925
1,177,528
82,207
1,020,205
226,874
8,152
72,289
16,402
36,552
64,526
10,751
11,963
10,024,378
1,102,587
399,015
402,659
13,092
7,643,613
1,055,597
5,965,872
395,066
16,808
73,295
36,019
93,541
108,039
20,953
17,969
10,240,272
1,069,368
415,874
409,996
14,802
7,862,938
1,047,764
6,183,132
413,654
17,665
78,223
43,503
100,961
112,729
23,893
16,858
102,038
8,398
6,519
3,534
CM
70,928
4,845
63,053
applicable
11,262
f)
3,381
f)
2,373
1,881
(!)
350,705
47,012
(1)
27,835
11,247
(')
241,084
56,954
173,796
17,427
2,285
2,550
1,482
148,934
5,765
10,700
7,407
1,238
94,006
8,732
78,706
28,884
fM
7,995
3,562
4,693
7,805
(M
(1)
357,976
20,560
63,433
17,004
2,273
234,523
36,481
177,320
17,330
2,577
2,778
3,526
4,658
tM
(10)
7,235,902
3,391,248
31,902
552,310
115,417
276,657
667,323
173,279
420,038
446,995
1,712,675
125,003
361,831
196,329
67,211
87,428
90,803
392,102
^No reliable estimate of the sajnpling variability can be obtained from the sample. Data, however, are included in totals.
NOTE: See text for explanatory statements and "Etescription of the Sample and Limitations of the Data."
Industry detail does not add to totals which include data for business activities not shown. See Table 1 for complete list of industrial groups.
654367 O - 62
28
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
SOLE PROPRIETORSHIPS
Table 5.— NUMBER OF BUSINESSES, COST OF GOODS SOLD ITQIS, RECEIPTS, DEDUCTIONS, AND PROFITS, BY SELECTED INDUSTRIES
AU
Indus trlea
Agriculture, forestry,
and f iaheries
Total
agriculture,
forestry,
and
flaberies
lUnlng
Total
Cnide
petnjleum
and nature
gas
Coostructlco
Total
ccoatnie-
tlcn
G«ierttl
contractorv
Special
tr«de
contractors
Uanufacturlji^
Total
aaimfaC'
turlng
Pood and
kindred
products »
Including
beverages
tuaber
and wood
products,
except
fuTOlture
MIUBER OF BUSINESSES
With and without net profit, total
With coat of goods sold
Without coot of goods sold
With net profit, total
With cost of goods sold
Without cost of goods sold
BUSINESSES WITH AND WIIHCVT NET PROFIT
With cost of goods sold;
Business recelpta
Cost of goods sold
Business deductions , total
Inventory, beginnlng-of-year
Merchandise purchased
Labor
Uaterlals and supplies
Other costs
Inventory, end-of-year (nlnus)
Gross profit (less loss)
Other business deductions, total
Salaries and wages
Rant
Interest
Taxes
Losses on business property ?.
Bad debts
Depreclatloo
Repairs
Depletion
Aaortlsatlon
Other business expense
Net profit (less loss)
Without cost of goods sold:
Business receipts
Business deductions, total
Salaries and wages
Rent
Interest
T^es
Losses on business property
Bad debts
Depreciation
Repairs ,
Depletion
Aaortlzatlon ,
Other business expense
Net profit (less loss)
BUSINESSES WITH NET PRCTIT
With cost of goods sold:
Business receipts
Cost of goods sold
Business deduc tlons , total
Inventoty , beglnnlng-of-year
Uerchandlse purchased
Labor
Uaterlals and supplies
Other costs
Inventory, end-of-year (nlnus)
Oross profit (less loss)
Other business deductions, total
Salaries and wages
Rent
Interest
Taxes
Loaaes on business property
Bad debts
Depreciation
Repal rs
Depletion
Aaortltatlon
Other business expense
Net prof It
Without cost of goods sold;
Business receipts
Business deductions, total
Salariea and wages
Rent
Interest
Taxea
Losses on business property
Bad debts
Depreciation
Hspal rs
Depletion
Aaortlzatlon
Other business expense ,
Net profit
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(U)
9,U2,359
i,250,156
4,892,203
7,219,608
3,441,594
3,778,014
3,505,090
855,566
2,649,524
2,425,996
577,997
1,847,999
3,386,880
• 807,137
2,579,743
2,3»,753
538,770
1,791,983
33,691
12,886
20,805
19,207
8,331
10,876
26,119
9,608
16, 511
14,642
5,635
9,007
646,316
418,216
228,100
597,483
384,134
213,349
103,983
77,415
26,568
90,746
68,218
22,528
506,942
320,983
185,959
477,411
300,258
177,153
186,901
146,545
40,356
150,668
119,815
30,853
23,233
20,632
2,651
19,536
17,772
1,764
140,009,752
96,784,139
107,382,387
10,375,083
79,439,526
6,040,094
5,333,348
6,194,336
10,598,248
43,225,613
31,939,150
8,409,948
2,113,639
527,i08
1,4M,244
46,166
203, 3M
3,586,334
750,172
72,598
23,337
14,775,974
11,286,463
36,194,959
25,964,546
3,053,253
759,018
216,682
334, 579
12,992
36,129
3,327,558
388,022
46,780
24,447
17,765,086
10,2X,413
124,759,135
85,321,989
94,279,922
8,485,658
7ij,649,275
5,267,029
4,732,649
5,W5,3U
8,957,933
39,437,1*6
26,536,
7,495,
1,859,
41 -J,
1.2V^,
23,
168,
2.839,
626,
47,
19,
11,786,
li>i
163
741
171
158
,947
,062
12,900,523
32,014,002
20,206,010
2,746,9'«
673,l-'l
l-rj,l89
277,i-.3
■j,/10
2"/, 246
2,420,208
307,506
28,562
21,942
13,547,006
11,807,978
12,917,019
5,488,802
6,578,7X
1,149,599
5,169,953
103, 541
84,381
71,256
1,089,928
7,428,217
6,611,964
75,445
7,352
8,344
10,857
998
1,395
1,073,039
22,159
11,739
1,947
5,398,689
816,253
14,899,080
12,801,691
66,885
6,658
3,450
5,437
985
220
2,000,073
17,248
10,789
4,329
10,685,617
2,097,389
10,246,341
4,233,295
4,996,117
784,551
4,015, a2
91,690
70,367
33,697
762,822
6,013,046
4,602,836
68,652
6,543
6,303
9,060
566
1,038
728,528
17,832
10,937
1,235
3,752,142
1,410,210
12,154,896
9,010,964
61,318
6,313
3,041
4,971
182
218
1,363,078
12,625
4,472
2,719
7,552,027
3,143,932
11,836,867
4,839,333
5,901,196
1,124,828
4,755,742
11,689
8,937
1,061,863
6,997,534
6,313,496
(')
(')
(')
(')
(')
1,026,027
(M
11,734
1,947
5,273,788
684,038
14,442,494
12,479,580
(')
(')
(')
(')
(M
C)
1,961,403
(')
10,646
4,068
10,503,463
1,962,914
9,329,104
3,716,132
4,458.142
765.342
3,675,548
10,808
6.444
742,010
5,612.972
4,350,148
ci
(M
(')
<;>
','
(•)
690,464
(■)
10,932
1,235
3,647, 517
1,262,824
11,733,795
8,743,W5
(')
(')
(')
(')
(')
(')
1,333,697
(')
4,332
2,616
7,402,500
2,990,650
704,893
347,920
352,996
5,706
85,783
42,058
43,327
176,122
5,076
356,973
353, »1
76,267
11,244
7,310
10,802
111
834
60,392
11,585
48,678
111
125,967
3,572
300,390
303,669
38,844
4,044
5,577
7,837
741
397
33,326
10,902
22,105
166
184,7X
^8,279
532,573
215,924
217,993
2,665
65,923
35.648
34,500
79,257
2,069
316,654
255,168
69,750
10.000
3.060
7,918
74
682
40,299
11,139
29,675
Ul
82,460
61,436
242, ■<39
199,153
32,086
1,366
1,803
6,004
2X7
335
19,715
6,986
16,902
83
113,656
43,784
532,401
263,250
272,241
4,054
63,063
13,635
29,495
161,994
3,991
264,151
276,502
66,394
10,385
5,960
7,734
57
786
44,524
7,564
46,606
Ul
86,381
'12,351
222,288
2X,980
21,570
3,779
4,336
5,413
564
294
26,421
5,284
21,478
166
141,675
'8,692
389,036
148,712
150,274
1,955
45,705
12,026
21,146
69.442
1,562
240,324
197,247
60,415
9,141
2,409
5,337
20
642
26,536
7,212
27,603
Ul
57,821
43,077
174,245
136,713
18,335
1,270
1,159
3,905
40
270
13,949
2,210
16,346
83
79,146
37,530
14,160.569
9,821,151
10,300,458
426,850
3,148,663
2,272,099
2,734,810
1,718,036
479,307
4,339,418
2,838,200
1,033,128
65,771
67,738
157,414
1,922
14,217
317,351
92,011
5,215
1,479
1,081,954
1,501,218
1,558,573
1,080,183
233,544
21,797
17,208
20,195
440
1,419
98,999
36,462
429
9,374
640,316
478,390
12,981,106
8,811,044
9,232,832
369,728
2.968,152
1,977,632
2,434,946
1,482,374
421,788
4,170,062
2,570,057
969,835
56,828
53,960
142,559
1,867
13,296
273,342
75,171
328
1,457
981,414
1,600,005
1,412,409
9W,540
207,126
20,980
10,962
16,978
276
849
82,487
32,005
411
9,374
533,092
497,865
5,386,977
4,218,638
4,434,392
188,985
920,139
783,084
1,361,778
1,180,406
a5,754
1,168,339
805,704
216,071
14,162
37,234
47,653
865
2,799
93,343
28,075
3
338
365,1U
362,635
439,751
351,215
60,718
3,036
9,018
5,745
8
364
23,489
5,432
356
7,797
235,252
88,536
4,786,158
3,666,835
3,845,043
154,568
841,338
665,154
1,177,678
1,006,305
178,208
1,U9,323
711,514
204,173
10,702
28,021
41,735
865
2,526
78,883
23,313
3
386
320,907
407,809
395,984
301,205
52,329
2,848
4,378
4,731
8
326
19,196
4,670
355
7,797
204,567
94,779
8,064,474
5,101,534
5.338,838
225,357
2,106,693
1,358,131
1,216,258
432,399
237,304
2,962,940
1,873,048
775,607
47,613
27,338
99,699
1,057
11,205
196,946
54,368
5,212
1,086
652,917
996,786
641,114
152,704
17,619
7,274
12,842
412
1,012
63,608
26,276
19
1,546
357,802
355,672
7.634,260
4,765,548
4,988.375
208,446
2,017,770
1,208,256
1,147,165
406,733
222,827
2,868,712
1,737,364
732,418
42,959
23,673
92,943
1,002
10,569
177,212
46,018
325
1,066
609,179
1,131,348
913,064
547,132
139,123
17,339
5,7»
U,035
248
480
53,236
23,334
2
1,546
295,059
365,931
6,256,192
4,071,610
4,498,610
413.906
2,613,003
790,946
385,664
295,091
427,000
2,184,582
1,642,794
494,179
83,174
27,041
82,045
1,091
14,580
189,933
64,548
1,U3
841
684,249
541,788
469,931
384,821
93,567
6,041
3,488
6,997
35
262
43,204
19,073
2,062
138
204,954
85,160
5,676,211
3,695,307
3,999,3X1
286,424
2,374,781
722,642
349,316
265,707
304,063
1,980,904
1.386,650
446.726
71,743
22,284
73,056
923
13,117
162,880
56.067
1,052
■7D4
538,098
594,254
443,346
344,750
89.915
5,550
2,935
6,169
32
225
37,886
17,567
2,059
133
182,279
98,587
1,626,910
1,229,996
1,272,455
50,596
1,036.046
63,482
45,595
76,736
42,459
396,914
314,207
114,274
8,446
5,1M
14,487
327
1,446
34,652
10,127
161
125,157
»,394
25,263
3,668
613
279
'fl
33
2,423
692
17,019
5,131
1,527,755
1,149,863
1,186,405
43,314
962,015
61,099
44,404
75,573
36,542
377,892
285,720
106,216
7,676
4,525
13,177
308
1,289
31,618
9,777
161
110,973
28,996
23,153
3,500
613
274
457
38
2,072
664
15,540
5,835
44.600
25,397
19,203
38,435
22.058
16,427
894,339
482,026
535,566
94,682
271,772
120,768
62,382
35,962
103,540
4U,313
351,082
81,450
6,785
3,919
12,275
176
695
40,434
26,893
836
128
177,491
61,231
261,512
219,499
61,694
2,689
1,431
3,861
32
15
23,634
16,700
2,062
131
102,250
42,013
749,450
432,439
497,578
40,273
261,829
111,786
33,294
X,396
43,089
296,961
225,739
70,773
4,095
3,682
10,331
78
638
M,893
20,734
836
128
83,»19
71,222
244,394
200,759
54,573
2,608
1,339
3,387
32
4
25,922
15,774
2,059
m
94,831
43,835
Footnotes at -nd of table. See text for explanatory atateaenU and "Description of the Saa^jle and Llnltatlons of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
29
SOLE PROPRETORSHIPS
TabU 5.— WWO OT BOSnESSES, COST OF COOOS SOLD ITBIS, ISCEIPTS, DEDDCTiaM. MB nOTITS, ST SELBCTB) ODUSTtlSS— CoBtlDuad
laaurtrj— C^i'.lawd
ItamfBo^orlaf^— '^oB .
PrlatUif,
Mirfhinwy,
•lactrlol.
partAUoB
Ti Uisportttl XI, zTiniir-n'^>*.iac, ^ad a«sita;7 pcrrlsas
TnavpoTLBticB
Tstal
■totor
Otbar
l>in wit aaa rvtAli u«^
Tst«l
oil—;
rvtall
MbalMKU lraa>
r«lat«d
tnu ntf wltbout a«t profit, total..
Vit^ Bost a( good* aoU
VlUuTut eovt cT (ooda aoU
lAtb aat profit, total
latk oMt or food* uu
lAttoBt eovt at food* aold
WSDBBB Vm J0 vnSODT KT
mtk oort cT fooda aoU:
Buatpaaa raealpta
Coat at fooda aold
Baalaaaa dadactlocia. total
lanataif, ba|
■inlianllaa p
tabor
IktarUla aDd
t^^iKT oort*
Iav^itaa7, «d-<rf-7«ar {adaoa).
1 prcfit (laaa loaa)
I dadaetlooa, total.
Salarlaa mt
tmt
Istarwt
tazaa — ...
Loaaaa ao bqainara ]atj|jaitf
Bm) daklx
Dapraelatl^
B^aln
Oiplatlai
JnortiaatlcD
Octoar hnalnaai i^iaaa.
■rt profit (laaa loaa)
WtbODt eoat aC fooda aold;
nealpta
dadoetlona, total
Salarlaa asd if >a....
Bnt
iBtaraat
I t»ijalT>aaa piupaity
Dapr«elatl^. ...
Bapalra
Daplrtl«B
JkBrtixaUa
Otter hnalnart cxp^Baa
■at pRtflt (laaa loaa)
B051SB5ZS WIIB RT PICFXT
Mltb eoat at foods aold:
BnalT>aa« rvcalpta
Coat of fooda aold
Boalaaaa dadaetlcBa, total
hmmtUjlf, btflanlsf .-cT-yaar. . . .
later.
Ihtarlalj nd anpfillaa
Otbar eoata
IsrtBtoTT, ad.H::r-7aar (alfloa).
Oroaa profit (laaa loaa)
Otter Hialnaaa daduetldna, total.
Salarlaa nd i«fsa
iKt
latareat
Texaa
loaaaa aa twialnraa ^iuymi\j
Bad dabta
Oatuai latl^.
■iV>ln
Depletl«B
JaonlaatloB
(3tter hotlofat txpuizu
■at profit
VttHoat eoat of fooda aold:
lealpta
idDCtlona, total.*.....
nd If ■■..
lataraat
lizea
Toaaat OD »iirliifr»« property
Sad daota
Dapraeiatl£B
Bivalra
DaplatioB
Jtaortlxatl^.
OtAar Iwrlnaaa exptnaa. ........
iat profit
Ptaotc
(la:
(131
(li)
(151
(1«>
(m
i\S)
(i»i
(»)
(Zl)
(22)
(23)
27,980
23,255
4,723
23,2W
19,6r97
3,367
3««,626
272,M7
290,963
17,928
66,113
*9,g78
19,196
IS, 106
273,769
190,933
71,»79
12,829
3,380
7,701
289
3,213
25,654
3,834
62,080
84,834
80,667
70,471
14,037
1,395
698
1,070
43
4,147
597
3
44,279
10,196
328,426
238,333
275,135
16,235
133,333
62,929
44,368
18,070
U,8D2
2^,093
189,299
69,473
U,a68
3,128
7,375
289
3.123
24,244
3,631
46
62,080
74,664
99,439
12,966
1,4«3
9U
998
49
3,697
410
3
39,3*9
19,230
15.174
12,812
2.362
12,590
10,923
(')
283,593
80, m
202,964
230,881
69,771
169,110
268,921
79,121
193.800
218,289
60.661
197.428
197,614
N,471
138,143
198,230
47,729
110,901
67,»9
12,778
94,917
56,663
10,309
4«.,1V
4,012
2,872
1,140
3,396
2423
1*1
14,612
9,86«
8.764
12,592
5,110
7,4*2
2,009,789
1,772,997
237,118
1,6«,9«9
1>»,7«3
201,202
269,063
Ui9,243
99,118
234,208
U3,J!7
«,111
41,409
33,752
7,*93
37,*98
»,3»
15.318
U,317
4,071
U>21
8,9«
3,835
fUlMiMrf MItmm}
410,976
243,782
275,909
X,793
118,364
X,791
32,917
19,044
»,127
1«9,194
103,643
29,904
9,691
1,411
6,906
Tsr
754
16,986
3,390
32
39,092
61,531
»,984
3,667
242
112
351
64
1,699
129
380,908
218,941
236,326
19,894
98,478
67,890
31,848
13,296
17,489
I61,6«7
97,419
28,607
4,916
l,3i0
6,081
2cn
794
19,332
3,346
26
36,8tC
<?
o
CI
(»)
(»)
1,836,152
895,371
372,446
18,220
313,098
191,476
75,199
274,493
17,079
980,781
8U,074
191,712
11,923
17,802
40,138
2,463
1,779
149,986
84,293
1,361
349,690
2,201,366
1,817,794
382,999
42,332
23,205
■^.767
J. 306
249.342
144,230
339
915,481
390,812
1.542,109
709,457
724,204
16,157
281,606
164,141
63,867
198,433
14,747
832,692
639,480
131,233
14,978
12,860
32,129
221
1,696
113,677
64,273
1,179
269,638
1,'-'
I,—
>
32,.,4<.
18,033
43,055
1,399
1,943
196,S47
114,671
737,153
4-»6.4a^
1,729,972
aco,io4
813,303
14,975
290,239
111,349
60,133
267,207
13,399
925,368
778,509
142,558
17,582
16,909
38,432
2,463
1,646
142,731
82,994
1.368
331,786
2,099,479 l.«71,699
1,727,224 1,403,909
390,435
41,436
22,292
52,346
2, or?
i . "■ - '
y76.r72
1,^09,736
624,944
631, 9<1
8.891
205,165
190,990
51,653
214,569
7,C04
784,792
474,892
119,074
9,489
14,317
33,698
2,316
411
134,629
76,644
292,880
263, C«D
28,«U
18,163
43,992
1,394
1,445,611 U62,211
660.;--.. '..77.3^
2b
IV
789,4A
609,949
124,462
14,024
12,171
31,341
221
1,563
U0,Cf73
63,099
1,179
292,193
179,931
693,114
920,146
104,006
7,206
10,213
26,947
106
439
99,983
n,mn
1475
217,269
134,232
..i.34,9«
.02,413
;^,ias
17,365 14,1M
43.i7i 'i'..m
135,-
lll,7iT
7!»,ill
4-, 3 . 7A 1
»2,_51
577,771
302,567
202,721
108,394
111,643
3,005
45,391
19,863
6>13
36,941
3,249
94,327
67,729
u,ie7
3,136
1,900
3,au
94
102
14,761
3,191
26,394
29,189
4Ci,aS6
310,916
83,308
10,499
3,639
8,577
2m
; J4
U3,051
97,970
173,161
M.X3
89,169
99,721
10,113
2,399
1,390
2,4««
62
99
U,392
4,049
23,319
2»,4<0
373,2»»
267,461
71,303
3,919
2,980
6,903
123
134
31,599
19,460
29
123,911
113,313
69|892
2,679
39,023
10,496
1,997
15,697
3,126
46,749
35,892
10,317
4,961
692
1,741
93
1,063
3,39*
1.199
12,992
10,897
19,734
12,799
3,8*4
2,067
277
2
1,69*
IX
4,237
2,939
U0,302
69^101
67,938
2,511
77,360
10,121
1,919
15,324
2,1?7
45,2Ca
33,382
9,643
4,109
603
1,633
53
1,029
3,098
1,123
U,499
U,A9
'2
'2
'?'
(')
(')
110,130
95.267
38.943
3,645 ;
22,35»
10,12^
15,026
7,216 I
3,6%
133
7,239
1,299
17,864
19,3*8
113,017
90,330
32,16*
896
9U
1.921
22
131
U,a36
3,918
38,309
22,9»7
96,428
49,256
51,936
2,517
21,427
10,OU
14,303
3,678
i.tm
47,172
29.531
6.771
994
133
5,604
1,214
U,413
17,6(1
661
1,581
1Z3
3,141
2,934
31,035
?4.79J
90,406. T.v
70.21.
'S.3i
3,077,461
286,034
931,103
28,235
U3,»U
1,222,U3
399,999
3,294
U,416
9,366,317
5,101,622
1,912,734
1,302.4617
198,415
47,932
12,433
34,635
2,365
5,373
113,271
27,974
7,296
1,425
361,341
680.297
81,077,918
62,313. >i.j
6,64<
58.0'^.
l,4i;,-jj
931,337
2,294,634
7,048.233
819, 9Ce
19,329
116,523
1,041.617
303,728
2,772
12,289
4,612,926
9,702,6U
7,«1
19,588
619
2,*71
S3,»<0
20,903
2,132
1.423
712,367
79ri.aci
l,oa4,24;
43,287
9«,M9
4,631
22,907
173,319
33,049
216
1,923
ars.'Ka
T»,caa
1,119,903
692>92
109 ,1S
22,097
4,967
9,9S0
7»7
2,947
31,738
9,»77
7,017
1,343
432,367
463,091
138,»3
1,199
U,7«}
234
1,613
37,015
U,97»
U»
13D
17«,«1
141,144
120,090
3D,OD7
23^440
2,330
279
1,030
3,139
1,019
1,334
493
46,2U
40.ca3
16,226,029 4,553,160 2,316,M4
.. *■>
4.6,4
3,»>4
3,229
399
U,98e
3,1*9
39
63,962
•7,969
e«,069
47,493
12.479
1.J77
363
696
309
2,009
636
126
29,y77
18, y»
^36,^'.
I66,sa
■36,7*2
933,79*
3U,4<1
100,784
K,l»4
2,909
17,867
150,910
43,636
138
1,262
747,43*
3.3D4
8,117
S9
1,7*3
43,406
3,998
1,133
1,343
394,76*
4*7, im
— ,»
36,627
163,660
133,331
533,420
381,330
129,164
31,776
7,»H
14,360
232
1,979
39,143
10,445
U9
180
19*,J*
132.100
an
1,093
9a
3,439
1,08ft
1,31*
499
40,129
4,.J»7
»,473
112. 7X
89,416
139,283
9^,33*
16,633
2J.71
3,697
3,396
1,630
396
Uvurr
9,409
33
I],4«
40.999
XI9
1,963
69*
126
28.612
■ad LiJCtat: .
30 U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
SOLE PROPRIETORSHIPS
Table 5.— NUMBER OF BUSINESSES, COST OF GOODS SOLD ITEMS, RECEIPTS, DEDUCTIONS, AND PROFITS, BY SELECTED INDUSTRIES— Continued
Industry— Continued
Wholesale and retail trade— Continued
Retail trade
Total
retail
trade
Grocery
stores, meat
and fish
markets, and
fruit and
vegetable
markets
General
merchandise
Apparel and
accessories
Fumitxire,
home
furnish-
ings, and
equipment
Automotive
dealers
Gasoline
service
etationa
Eating and
drinking
places
Building
materials
Hardware
and farm
equipment
NUMBEH OF BUSINESSES
With and without net profit, total
With cost of goods sold
Without cost of goods sold
With net profit, total
With cost of goods sold
Without cost of goods sold
BUSINESSES WITH AND WITHOUT NET PROFIT
Witll cost of goods sold:
Business receipts
Cost of goods sold
Business deductions, total
Inventory, beginning-of-year
Merchandise purchased
Labor
Materials and supplies
Other costs
Inventoiy, end-of-year (minus)
Gross profit ( less loss)
Other business deductions, total
Salaries and wages
Rent
Interest
Taxes
Losses on business property
Bad debts
Depreciation
Repairs
Depletion
Amortization
Other business expense
Net profit (less loss)
Without cost of goods sold:
Business receipts
Business deductions, total
Salaries and wages
Rent
Interest
Taxes
Losses on business property
Bad debts
Depreciation
Repairs
Depletion
Amortization
Other business expense
Net profit (less loss)
BUSINESSES WITH NET PROFIT
With cost of goods sold:
Business receipts
Cost of goods sold
Business deductions, total
Inventory, beginning-of-year
Merchandise purchased
Labor
Materials and supplies
Other costs
Inventory, end-of-year (minus)
Gross profit (less loss)
Other business deductions, total
Salaries and wages
Rent
Interest
Taxes
Losses on business property
Bad debts
Depreciation
Repairs
Depletion
Afflortlzetion
Other business expense
Net profit
Without cost of goods sold:
Business receipts
Business deductions, total
Salaries and wages
Rent
Interest
Taxes
Losses on business property
Bad debts
Depreciation
Repairs
Depletion
Amortization
Other business expense
Net profit
(2i)
(25)
(26)
(27)
(28)
(29)
(30)
(31)
(32)
(33)
1,582,002
1,480,079
101,923
1,288,356
1,206,665
81,691
329,550
322, 27i
7,276
278,068
272,592
5,476
266,298
262,918
3,380
22«,727
222,231
2,496
159,021
126,918
32,103
125,947
99, 527
26,420
72,183
65,006
7,177
61,255
54,811
6,444
75,661
71,137
4,524
62,381
58,407
3,974
56,139
52,209
3,930
41,326
38,349
2,977
202, a7
197,171
5,046
165,833
161,990
3,843
299,707
292,923
6,784
239,145
234,583
4,562
29,609
26,193
3,416
23,118
20,123
2,995
(ThouMnd dolUrmJ
65,592,672
49,713,817
56,074,269
6,139,668
46,443,6%
1,074,940
775,225
1,640,740
6,360,452
15,878,855
11,900,011
4,287,538
1,267,804
214,033
756,779
20,669
106,044
930,705
272,699
2,824
9,091
4,031,825
3,978,844
573,964
430,694
48,048
14,328
4,634
8,367
1,393
1,998
35,006
8,575
113
73
308,154
143,270
58,681,554
43,998,462
49,572,132
5,255,965
41,460,630
906,243
665,580
1,233,714
5,573,670
14,683,092
10,256,186
3,740,974
1,103,442
172,695
662,099
11,075
85,355
787,212
228,754
2,504
8,225
3,453,851
4,426,906
494,494
316,930
40,337
9,972
2,632
6,330
80
903
25,276
6,221
113
77
224,989
177,557
16,436,390
13,678,355
14,628,061
909, 578
13,272,680
120,060
133,369
192,374
949,706
2,758,035
1,990,462
655,271
186,296
31,906
134,533
2,765
13,823
193, 598
55,012
357
680
716,221
767, 573
39, 9X
32,518
3,667
1,081
579
642
21
2,373
806
23,349
7,412
14,662,207
12,089,758
12,929,770
767,713
11,784,038
103,263
112,317
162,439
840,012
2,572,449
1,708,424
562,242
161,971
25,517
115,860
1,289
9,303
169,219
46,493
357
677
615,496
864,025
31,970
23,128
3,667
807
456
310
21
1,539
310
16,018
8,840
14,711,856
12,461,873
13,358,979
858,884
12,212,347
75,580
56,932
155,186
897,106
2,249,983
1,631,239
536,951
143,560
25, 531
117,252
2,539
11,517
156,343
44,094
357
659
592,431
613,744
22,357
18,930
938
793
199
334
10
1,233
572
14,801
3,427
13,148,529
11,049,912
11,843,827
725,103
10,861,091
70,291
48, X6
139,036
793,915
2,098,617
1,394,292
457,463
123,098
20,512
100,234
1,182
8,609
136,605
37,350
357
659
503,223
704,325
15,074
10,667
983
542
142
103
10
656
110
8,116
4,405
3,237,192
2,531,800
3,047,366
501,310
2,451,165
20,820
14,668
59,403
515,566
705,-392
497,460
142,199
43,842
10,957
32,691
1,966
3,740
57,518
11,333
14
310
187,390
207,932
93,405
51,259
1,813
1,028
353
2,753
319
182
7,437
2,080
5
35,229
42,146
2,958,194
2,303,524
2,755,342
427,382
2,243,956
19,015
13,403
52,086
452,318
654,670
419,256
122,714
42,514
3,654
28,695
885
3,308
45,130
9,709
14
233
157,345
87,964
42,444
1,706
667
345
2,583
80
149
5,579
1,763
5
29,567
2,725,178
1,863,251
2,557,041
699,674
1,735,144
38,636
17,983
65,604
693,790
861,927
626,993
213,090
113,602
9,664
33,773
347
4,821
32,457
7,215
293
211,731
22,593
13,850
3,274
1,591
160
282
56
557
116
7,814
8,743
2,463,740
1,653,773
2,263,767
606,306
1,545,135
36,186
17,265
58,825
609,989
809,962
554,501
189, 593
99,399
8,375
30,294
242
4,522
23,632
6,586
293
186,565
22,270
13,317
3,274
1,564
41
263
469
103
7,593
8,953
3,049,684
2,097,103
2,567,841
4X,013
1,867,466
96,148
44,992
125,222
470,733
952,531
702,439
222,347
72,895
13,537
33,161
216
11,590
51,005
11,451
25
1,057
285,155
250,142
31,371
19,412
3,035
1,117
544
399
224
3,938
771
9,334
11,959
2,823,944
1,922,066
2,348,036
379,048
1,722,972
87,232
39,139
119,645
425,970
901,873
631,609
209,635
63,851
11,857
30,090
213
10,000
44,432
10,117
25
1,057
250,332
270,269
29,998
17,195
2,717
375
463
367
68
3,364
765
8,576
12,306
6,442,449
5,437,679
6,025,777
533,210
4,733,902
133,900
110,071
509,694
588,098
1,004,770
839, 500
282,391
46,550
31,953
36,435
1,495
19,372
40,168
27,011
5
217
353,403
165,270
31,926
90,039
6,410
2,288
559
849
554
3,226
1,210
73
74,870
'3,113
5,294,413
4,431,716
4,921,387
420,049
4,020,070
33,990
94,783
302,995
490,171
362,697
657,370
228,005
37, 574
23,242
29,324
1,311
14,925
29,4a;
19,846
5
202
273,952
36,473
28,534
2,272
630
152
200
»9
315
349
72
24,235
10,632,873
8,515,391
8,905,799
398,287
8,037,743
157,981
124,493
187,295
389,908
2,116,987
1,5%, 943
627,929
234,903
19,035
103,294
2,291
17,102
87,906
20,142
4
873
483,464
520,044
33,187
26,740
7,349
1,761
627
491
47
1,411
238
71
14,745
6,447
9,717,107
7,721,357
8,067,722
346,240
7,293,220
136,032
109,796
177,434
346,365
1,995,750
1,422,389
566,316
211,461
15,927
93,552
1,992
14, 526
76,912
17,709
4
355
423,135
30,232
20,976
7,067
1,703
120
464
47
931
210
71
10,358
9,257
7,964,850
4,626,803
4,832,860
210,741
4,151,539
187,967
155,887
126,676
206,052
3,333,042
2,652,933
1,038,646
280,631
37,991
187,057
7,525
3,481
221,586
74,565
235
1,950
749,266
685,109
64,841
53,484
9,016
2,534
407
845
860
2,372
631
36,769
11,357
7,106,313
4,096,938
4,278,540
182,681
3,709,382
162,646
114,3%
109,433
181,602
3,009,375
2,253,593
913,817
238,240
31,549
162,842
2,441
3,028
185,714
64,564
227
1,907
644,264
755,782
62,638
49,124
8,729
1,903
403
789
2,051
580
34,669
13,513
1,555,809
1,130,148
1,330,323
242,938
934,404
54,408
21,166
77,407
250,175
425,661
339,437
126,847
12,533
9,767
20,121
99
6,085
28,748
9,703
94
493
124,997
86,174
35,151
25,823
2,027
127
208
197
259
2,171
312
20,522
9,328
1,311,737
936,941
1,144,251
203,246
839,104
39,356
19,324
42,721
207,310
374,796
269,874
106,853
9,812
6,484
14,908
35
4,705
21,880
6,306
94
492
98, X5
104,922
34,306
23,818
976
66
201
93
19
2,027
312
20,124
10,988
(34)
38,857
38,158
(')
31,182
30,734
(')
2,430,381
1,891,012
2,537,ffl3
601,806
1,794,726
42,929
32,067
66,285
646,801
539,369
411,803
153,863
29,843
10,566
27,683
317
6,531
31,919
5,498
324
70
145,189
127,566
(')
<^>
(^)
(^)
(')
(')
2,171,529
1,663,501
2,219,219
514,371
1,572,914
37, 526
31,532
62,876
555,718
508,028
366,374
137,610
26,675
9,077
24,792
317
6,158
28,283
5,174
324
70
127,894
141,654
(')
(')
(')
(')
(')
<^'
(')
(^)
(')
Footnotes at end of table. See text for explanatory statements and "Description of the San?>le and Limitations of the Data.'
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
31
SOLE PROPRIETORSHIPS
Table 5.— NUMBER OF BUSINESSES, COST OF GOODS SOLD ITEMS, RECEIPTS, DEDUCTIONS, AND PROFITS, BY SELECTED INDUSTRIES— Continued
Industry — Continued
Wholesale and retail
trade — Continued
Retail trade— Con.
Drug
stores
and
proprie-
tary
stores
Liquor
stores
Finance, insurance, and real estate
Total
finance,
insurance,
and real
estate
InsTirance
agents,
brokers,
and
service
Real estate
Total
real
estate
Real estate
operators
(except
develop-
ers), and
lessors
Total
services
Hotels,
rooming
houses,
camps,
and
other
lodging
places
Personal services
Total
pereonal
Laundries,
laundry
services,
and
cleaning
and dyeing
plants
Photo-
graphic
studios,
including
connnerciaJ
photog-
raphy
Beauty
and
barber
shops,
includ-
ing
schools
Other
personal
services*
NUMBER OF BUSINESSES
With and without net profit, total.
With cost of goods sold
Without cost of goods sold
With net profit, total
With cost of goods sold
Without cost of goods sold
(35)
(36)
(37)
(38)
(«))
(41)
(■42)
(<i3)
(44)
(45)
(46)
BUSINESSES WITH AND WITHOUT NET PROFIT
With cost of goods sold:
Business receipts
Cost of goods sold
Business deductionSj total
Inventory, beginning-of-year
Merchandise purchased
Labor
Materials and supplies
Other costs
Inventory, end-of-year (minus)
Gross profit ( less loss )
Other business deductions, total..
Salaries and wages
Rent
Interest
Taxes
Losses on business property
Bad debts
Depreciation
Repairs
Depletion
Amortization
Other business expense
Net profit ( less loss)
Without cost of goods sold:
Business receipts
Business deductions, total
Salaries and wages
Rent
Interest
Taxes
Losses on business property....
Bad debts
Depreciation
Repairs
Depletion
Amortization
Other business expense
Net profit (less loss)
BUSINESSES WITH NET PROFIT
With cost of goods sold:
Business receipts
Cost of goods sold
Business deductions, total
Inventory, beginning-of-year.
Merchandise purchased
Labor
Materials and supplies
Other costs
Inventory, end-of-year (minus).
Gross profit (less loss)
Other business deductions, total.
Salaries and wages
Rent
Interest
Taxes
Losses on business property....
Bad debts
Depreciation
Repairs
Depletion
Amortization
Other business expense
Net profit
Without cost of goods sold:
Business receipts
Business deductions, total. —
Salaries and wages
Rent
Interest
Taxes
Losses on business property.
Bad debts
Depreciation
Repairs
Depletion
Amortization
Other business expense
33,476
32,814
(=)
30,697
30,161
(=)
27,972
27,181
(')
24,987
24,320
446,995
60,639
386,306
373,046
49,208
323,838
153,150
21,901
131,249
138,712
19,277
119,435
230,800
28,079
202,7a
179,932
21,240
158,692
99,806
9,180
90,626
68,667
5,376
63,291
1,979,695
860,937
1,098,758
1,732,200
769,094
963,106
134,803
45,563
89,240
98,054
32,064
65,990
445,496
278,107
167,389
402,731
252,198
150,533
77,887
47,619
30,268
62,550
39,193
23,357
22,929
17,033
5,896
16,350
13,201
3,149
259,474
157,317
102,157
245,949
148, 370
97,579
(ThoutMnd dollarm)
2,918,215
2,029,977
2,473, 591
439, a3
1,971,445
13,465
8,622
40,846
443,614
888,238
599,140
290,428
58,861
6,323
41,538
195
2,611
38,658
9,038
227
121
151,120
289,098
(')
(')
(.')
(')
(')
(')
(')
( = )
(')
2,815,244
1,948,487
2,372,581
415,744
1,896,509
12,105
7,465
40,758
424,074
866,737
570,037
276,106
55,648
5,938
39,369
195
2,484
36,791
7,945
227
121
145,213
296,700
( = )
(')
(')
(')
[')
(')
Net profit.
( = )
( = )
1,592,284
1,264,978
1,475,268
206,609
1,244,683
13,928
4,314
5,534
210,290
327,306
207, 54i
61,890
26,476
3,483
28,434
468
1,027
16,876
5,730
42
63,118
(^)
(')
(')
(^)
(')
(.')
(^)
1,523,872
1,208,697
1,413,932
198,794
1,193,983
12,290
4,004
4,661
205,235
315,175
191,220
57,773
25,044
3,018
25,446
466
691
14,733
4,957
42
59,048
123,955
(')
{')
( = )
( = )
(')
(')
1,314,022
601,065
801,065
332,461
172,707
172,707
758,960
504,646
504,846
Not applicable
333,933
72,768
179,938
21,899
67,984
14,504
48,292
11,162
100,473
2,416
96,510
47,783
298,695
83,019
180,106
23, 569
512,937
326,851
62,165
16,489
17,232
11,191
5,551
5,430
34,092
4,5a
2,015
146
168,019
186,086
3,092,654
1,773,946
331,979
60,583
57,497
61,898
2,753
16,795
192,394
33,566
2,243
1,890
992,348
1,318,706
1,194,830
707,279
707,279
Not applicable
159,754
254,114
80,262
189,519
24,488
25,164
5,723
6,452
1,118
12,986
1,485
7,673
134
5,348
2,104
2,614
7,738
20,660
778
2,715
39
1,960
94
37
36,561
103,910
79,492
64,595
1,243,047
L,324,393
672,236
819,744
165,844
105,686
34,381
31,112
7,480
39,672
10,203
44,902
357
963
6,774
2,277
47,664
121,942
6,437
23,539
122
1,744
571
813
390,203
447,074
570,611
504,649
3a, 460
662,608
164,233
424,764
164,233
424,764
Not applicable
291,656
67,266
146,255
8,716
56,276
14,137
39,176
3,199
96, 566
2,294
92,966
45,346
2eO,561
80,534
146,363
18,039
487,601
269,617
55,289
14,502
11,504
7,666
340
2,967
25,631
3,718
1,919
146
145,915
217,984
2,936,523
1,539,677
312,782
69,826
38,425
47,813
1,677
13,662
150,466
24,776
1,834
1,672
676,744
1,396,850
Not applicable
157,227 237,344
76,455
24,219
5,470
1,053
1,429
134
2,073
6,964
643
39
94
34,332
60,772
1,224,738
644,316
163,692
32,585
7,305
10,042
175
7,737
43,962
5,927
100
566
372,023
145,196
20,692
5,993
7,557
4,820
137
289
13,523
2,111
1,864
37
83,170
92,646
L,206,285
645,748
94,030
23,673
22,000
31,743
105
1,333
86,245
16,071
1,382
608
363,358
580,421 562,537
165,244
104,413
104,413
60,831
51,338
4,803
1,300
3,324
3,794
5,227
72
7,399
1,260
499
24,190
3,943
487,428
370,884
29,074
12,554
27,407
35,044
95
1,395
77,075
17,508
805
187
169,740
116,544
124,693
75,300
75,300
49,393
31,660
3,054
1,077
1,743
1,927
16
24
3,904
786
403
13,726
17,733
399,367
240,457
a, 483
7,514
12,240
23,214
49
453
46,302
10,842
639
101
117,120
11,897,537
4,360,130
5,291,114
412,493
2,622,607
361,612
812,456
581,946
430,934
7,037,457
4,105,930
1,190,243
439,389
93,226
178,073
5,694
20,397
523,a9
105,574
584
4,029
1,545,497
11,563,094
6,430,200
1,667,560
546,437
92,111
151,083
3,4^1
7,853
590,269
96,768
972
6,828
3,246,678
5,152,894
11,113,411
4,383,324
4,752,444
347,561
2,374,231
760,375
736,173
512,104
369,120
6,730,087
3,656,a6
1,099,669
400,932
72,941
156,464
3,483
18,245
440,631
90,747
475
2,830
1,371,779
3.071,371
11,027,261
5,629,409
l,550,a6
495,125
66,303
129,779
1,455
6,340
480,746
76,981
699
6,444
2,814,819
158,912 5,397,855 122,236
738,387
324,715
343,026
17,770
232,033
43,450
23,093
26,630
18,311
413,672
361,249
67,858
24,757
23,053
30,532
131
660
69,333
20,107
7
124,686
6a,ao
533,485
57,346
37,604
36,709
37,318
856
325
108,414
29,636
83
358
222, 536
37,725
619,501
262,712
274,742
12,233
194,231
33,494
15,942
13,842
12, OX
356,769
276, 376
56,645
a, 971
14,672
23,959
117
432
43,630
15,339
515,757
393,469
44,851
31,592
24,757
27,252
94
ao
74,681
20,632
19
356
169,023
2,706,443
886,384
967,184
75,580
315,216
264,410
200,932
111,046
30,800
1,622,059
1,163,823
363,792
144,619
22,941
44,349
1,328
3,635
141,513
29,437
157
894
405,858
658,236
,090, 559
741,196
262,436
77,764
5,551
16,406
142
908
51,937
10,561
390
314,601
349,363
2,555,234
813,606
688,847
68,921
267,389
240,368
183,749
103,420
75,241
1,741,626
1,059,347
345,794
131,307
19,261
40,054
539
3,783
123,477
26,624
157
894
367,457
662,261
1,035,360
671,657
245,939
69,937
4,456
14,911
73
845
42,330
8,850
879
283,367
363,705
750,563
266,719
300,857
11,279
53,732
116,542
62,632
56,672
12,138
461,844
360,585
113,625
36,635
8,867
13,446
187
791
50,303
11,609
112
125,008
331,448
320,234
97,212
21,841
3,497
7,437
a
582
29,035
5,730
714
154,115
61,214
695,6a
266,364
277,784
9,337
50,086
108,199
58,006
52,154
10,920
428,757
318,124
105,247
30,762
7,034
12,015
119
755
41,423
10,455
112
110,202
341,460
273,307
84,275
17,336
2,543
6,233
6
561
22,240
4,500
704
134,907
238,288
99,635
116,366
13,%4
47,5a
16,860
23,303
14,700
16, 533
138,453
95,550
21,075
12,993
1,009
3,270
13
247
11,762
2,232
1
42,948
42,903
39,377
32,869
5,480
1,673
146
677
81
22
3,158
339
a, 293
7,003
2a, 320
92,a3
107,411
13,112
42,034
16,095
21,693
14,277
15,198
129,607
83,063
16,945
10,805
728
2,996
12
231
9,726
2,093
1
37,5a
37,330
27,322
5,471
1,513
133
623
36
15
2,202
203
17,ia
10,009
968,855
216,916
227,344
9,911
37,462
90,945
75,650
13,376
10,426
751,939
417,007
175,972
67,729
4,127
13,266
407
302
33,411
7,391
16
660
113,726
334,932
574, 526
329,194
152,114
48,560
1,6a
7,367
36
40
14,841
3,641
176
100,776
946,380
207,786
217,627
9,465
35,333
86,997
72,309
13,023
9,839
738,592
399, X8
170,790
64,602
3,663
12,599
311
272
31,260
6,907
16
660
103,228
339,284
566,900
319,546
149,468
46,866
1,543
7,130
27
40
13,909
3,396
175
96,942
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
32 U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
SOLE PROPRIETORSHn'S
Table 5.— NUMBER OF BUSINESSES, COST OF GOODS SOLD ITEMS, RECEIPTS, DEDUCTIONS, AND PROFITS, BY SELECTED INDUSTRIES-
Industry — Continued
Services— Continued
Business
services
Total
sutcmobllej
repair,
services,
garages
Automobile repair,
services, and garages
Aut<]moblle
repair
shops
Repair
services,
except
automo-
tive
Recrea-
tional
services
Uedical and other health
services
Total
medical
and other
health
services
Offices of
physicians
surgeons,
and
oculists
Offices of
dentists
and dental
surgeons
Legal
services
Educa-
tional
services
Qlgineer-
ing and
architec-
tural
services
Account-
ing
auditing.
and book-
keeping
services
Nature of
business
not
allocable
NUUBER OF BUSINESSES
With and without net profit, total
With cost of goods sold
Without cost of goods sold
With net profit, total
With cost of goods sold
Without cost of goods sold
BUSINESSES WITH AND WIIHCOT NET PROFIT
With cost of goods sold:
Business receipts
Cost of goods sold
Business deductions, total
Inventory, beginning-of-year
Uerchandise purchased
Labor
Materials and supplies
Other costs
Inventory, end-of-year (minus)
Gross profit (less loss)
Other business deductlcos, total
Salaries and wages
Rent
Interest
Taxes
Losses on business property
Bad debts
Depreciation
Repairs
Depletion
Amortization
Other business expense
Net profit ( less loss)
Without cost of goods sold:
Business receipts
Business deductions, total
Salaries and wa^es
Rent
Interest
Taxes
Losses on business property
Bad debts
Depreciation
Repairs
Depletion
Amortization
Other business expense
Net profit (less loss)
BUSINESSES WITH NET PRCFIT
With cost of goods sold:
Business receipts
Cost of goods sold
Business deductions, total
Inventory, beginning-of-year
Merchandise purchased
Labor
Materials and supplies
Other costs
Inventory, end-of-year (minus)
Gross profit (less loss)
Other business deductions, total
Salaries and wages
Rent
Interest
Taxes
Losses on business property
Bad debts
Depreciation
Repairs
Depletion
Amortization
Other business expense
Net profit
Without cost of goods sold:
Business receipts
Business deductions, total
Salaries and wages
Rent
Interest
Taxes
Losses on business property
Bad debts
Depreciation
Repairs
Depletion
Amortization
Other business expense
Net profit
(-18)
(49)
(M)
(51)
(52)
(53)
(54)
(55)
(56)
(57)
(58)
(59)
217,192
83,108
129,084
186,489
76,062
110,427
U0,829
88, U6
22,713
97,743
77,643
20,100
95,868
83,535
12,333
85,995
74,485
11,510
161,640
133,969
27,671
136,468
112,422
24,046
103,091
40,326
62,765
72,599
30,453
42,146
405,673
118, 532
287,141
386,886
113,859
273,027
145,268
34,766
U0,502
136, 896
33,875
103,021
85,568
38,077
47,491
83,387
37, 182
46,205
123,896
16,106
107,790
U2,622
14,391
98,231
59,626
13,673
45,953
53.452
12,104
41,348
45,022
15,933
29,089
37,989
13,346
24,643
87,290
9,995
77,295
81,628
8,929
72,699
(Tlwitmid OcllMf)
1,516,319
858,026
904,307
42,338
501,003
120,456
84,014
155,996
46,281
658,293
438,471
122,445
30,378
7,918
17,727
342
3,065
54,501
11,351
210
475
190,059
219,822
1,077,698
723,507
a3,096
37,015
5,395
13,329
65
1,590
57,735
10,769
35
1,156
382,822
354,191
1,399,610
786,179
823,511
35,375
452,167
113,052
73,950
148,467
37,332
613,431
375,331
U2, 524
27,182
5,279
15,374
252
2,312
42,236
10,059
105
475
159,533
238,100
987,477
605,783
175,824
31,281
4,362
11,372
34
1,464
44,094
8,290
34
1,118
327,410
381,696
1,831,778
1,136,874
1,241,361
96,091
803,584
138,292
133,450
69,944
104,487
694,904
464,145
164,724
49,301
9,161
24,646
362
5,888
41,935
7,975
7
76
160,070
230,759
193,727
145,704
32,964
17,352
2,035
5,947
304
175
16,066
8,164
121
62,576
48,023
1,707,638
1,044,211
1,138,416
84,852
765,752
125,007
117,332
45,473
94,205
663,427
418,708
151,844
43,771
7,681
22,446
105
5,268
36,990
7,U8
7
76
143,402
178,912
128,357
30,924
16,629
1,503
5,506
288
83
11,658
6,a9
83
55,254
Xl,546
1,747,059
1,097,5a
1,200,384
94,338
777,496
131,515
1X,152
66,883
102,863
649,538
427,380
153,254
40,365
3,507
22,418
362
5,815
38,947
7,140
7
76
150,489
222,158
73,469
48,581
13,147
2,7a
196
887
288
104
2,933
6a
27,684
24,888
1,643,397
1,015,458
1,108,401
83,587
741,820
122,597
116,252
44,145
92,943
627,939
393,866
142,406
36,543
7,444
20,978
105
5,a8
35,326
6,611
7
76
139,152
2X,073
70,028
44,360
12,180
2,625
186
782
288
83
2,711
507
24,998
25,668
1,141,723
585,496
702,883
109,571
375,316
33,452
95,631
33,913
117,387
556,227
303, 575
63,018
29,708
6,918
14,283
1,134
2,393
41,442
8,638
336
135,700
252,652
77,984
42,247
5,553
3,456
200
732
4
42
4,069
925
85
27,181
35,737
1,046,960
515,667
613,244
86,976
323,2X
78,911
87,061
32,066
97,577
531,293
262,642
56,999
25,170
5,045
12,557
797
2,058
34,541
7,143
336
U7,996
74,791
37,551
4,858
3,092
176
669
4
35
3,279
722
85
24,631
37,241
628,517
265,677
290,476
21,672
167,979
32,052
26,593
42,175
24,799
362,840
291,017
58,786
38,496
6,384
13,462
725
443
44,259
10,2a
10
592
107, 539
71,323
568,262
540,769
106,775
27,787
5,436
11,165
1,135
723
55,225
5,661
849
326,013
527,482
206,638
225,350
15,334
137,159
24,815
19,059
29,473
19,a2
320,844
230,791
55,538
35,102
5,a8
10,644
590
436
31,071
7,974
10
512
83,596
90,053
388,992
280,335
69,122
15,486
1,539
5,755
60
390
23,750
2,734
849
160,550
2,484,768
495,322
513,504
18,788
145,919
93,194
195,002
59,601
18,132
1,989,446
814,396
263,637
92,958
13,323
25,823
1,045
2,oa
101,430
13,523
158
262
300,155
5,143,455
2,273,024
580,741
a3,652
a, 757
44,866
582
1,940
201,333
a, 443
293
2,749
1,183,668
2,870,441
2,449,153
474,293
490,031
16,771
136,654
35,733
192,549
58,324
15,738
1,974,860
792,850
256,250
90,454
12,791
24,863
515
1,986
93,891
13,054
158
262
293,5a
5,095,955
2,177,6a
568,282
205,083
20,379
43,428
579
1,887
193,384
20,320
293
2,466
1,120,520
978,260
115,728
119,735
2,808
27,482
20,a7
53,921
15,307
3,007
851,532
313,339
101,264
33,372
3,434
8,969
225
232
41,638
4,554
75
128
119,387
543,193
3,257,545
1,330,940
358,495
134,776
11,231
25,583
432
723
127,580
10,577
293
1,395
659,855
1,925,505
973,858
116,248
113,335
2,597
25,983
20,174
53,759
15,a2
2,587
857,510
307,945
99,757
32,369
3,267
8,837
225
282
40,712
4,416
76
128
117,376
549,665
3,231,319
1,288,441
352,973
129,490
10,380
25,018
429
703
123,142
10,124
293
1,314
634,575
108,655 2,918,344 1,942,875 549,046 796,748
759,U6
135,070
136,423
1,069
11,681
22,349
72,188
29,136
1,353
624,045
231,320
74,730
33, 4U
3,908
6,033
131
241
26,433
2,832
32
97
83,417
1,050,191
502,725
ia,189
50,538
4,752
3,762
40
698
35,744
4,150
744
275,108
757,713
134,643
135,909
1,070
11,681
22,341
71,755
29,062
1,256
623,070
229,414
74,549
33,171
3,864
6,012
131
241
25,997
2,795
82
97
82,475
393,555
1,048,155
499,111
120,809
50,189
4,617
8,570
40
671
36,343
4,072
744
272,956
184,758
42,341
42,892
173
1,756
9,405
4,890
26,668
551
142,417
50,960
U,247
7,6a
641
961
195
317
6,061
563
2
33
23,318
91,457
1,457,647
571,873
169,832
81,281
5,012
8,929
203
1,435
41,5a
3,505
176
480
359,499
785,774
181,364
40,636
40,543
33
1,756
9,008
4,737
25,109
7
140,728
48,a3
10,687
7,081
610
91A
196
313
5,713
532
33
22,134
92,515
1,440,914
544,165
164,772
75,974
3,949
8,593
200
1,253
39,223
3,336
105
480
345,280
92,041
31,817
34,019
1,635
3,558
13,094
4,622
6,U0
2,202
60,224
42,417
10,946
3,373
559
1,377
15
172
5,239
1,057
35
19,644
159,872
94,271
22,783
7,035
636
1,373
15
41
10,127
1,486
48
15
50, ai
55,601
79,306
25,646
27,364
1,323
5,961
12,931
3,081
4,063
1,718
53,660
33,427
8,083
3,159
467
1,071
15
172
4,179
652
25
15,604
20,233
154,536
87,142
a, 549
6,111
576
1,313
5
37
8,573
1,240
48
16
47,074
67,394
326,992
153,885
164,348
a, 967
43,719
35,735
19,756
37,ia
10,463
173,107
102,164
37,152
8,069
1,3a
3,195
104
845
7,876
1,175
40
1,002
41,384
70,943
445,122
290,163
130,406
12,171
1,347
5,063
11
443
12,513
1,3a
2
23
126,363
154,959
318,040
147,291
157,042
a, 296
45,270
35,495
18,549
36,432
9,751
170,749
95,528
34,439
7,440
1,171
2,995
101
843
7,137
1,117
38
ao
40,037
75,2a
429,857
258,876
122,804
10,944
1,688
4,744
11
4U
11,133
1,045
2
23
116,071
160,981
62,339
15,457
16,738
793
3,a3
5,854
4,478
2,400
271
45,872
22,094
7,861
1,752
532
800
36
3,512
208
7,293
23,778
515,950
253,984
91,932
20,268
4,121
4,398
38
184
22,897
2,190
162
81
107,713
251,966
60,809
14,975
15,009
702
2,793
5,845
4,441
1,228
34
45,834
20,933
7,783
1,657
352
799
28
2,897
186
7,231
24,901
507,489
242,774
90,485
19,860
2,335
4,378
38
179
a, 751
2,085
162
77
101,424
264,713
(60)
50,333
a, 731
28,602
39,142
17,461
a,681
516,499
325,203
375,620
53,612
244,447
27,095
12,U5
29,351
51,417
191,296
149,706
50,570
9,186
2,681
3,6a
101
786
16,207
5,922
55,632
41,590
99,897
64,815
14,860
3,194
1,713
1,7M
113
1,304
6,680
1,749
55
3
33,414
35,082
394,581
248,019
283,090
32,381
197,976
a,084
11,811
19,838
35,071
146,562
97,639
29,153
8,446
2,002
5,616
101
599
11,136
3,495
36,090
48,923
88,554
47,027
11,449
2,159
826
935
97
203
5,043
1,392
53
24,859
41,627
^Included in "Other business expense." ^Loss.
^No reliable estimate of the sample variability can be obtained from the sample. Data, however, are included in the totals. *Includes "Funeral services and crematories."
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data."
Industry detail does not add to totals which include data for business activities not shown. See table 1 for ccoplete list of industrial groups for sole proprietorships.
Amounts are rounded and oey not add to totals.
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
33
OT O
g
a
S
K
a
§ 5 "
;s :
m w w
e-8
H W U)
o 8 ■
3 5 J
OB-.
[H 0) O ^
331 'SS'*
*0 ^^
as
>J rH ri to M3 O
CO ^ S C- \0 0"
m CO m C-- iTi r
- D- \0 00 ry
O ^ <H O rj c
as
O ^0
\0 O
CM iniTlrHOTV HtDnr-leOOT\
\cj o>vo>r-.tcjfnr
■H -.Jin c^c^'o cu f^^o
50^ (^--IfVrHOU
O 0\ r^
o^ to
OJ CM
-^ -* C^ vD
s a:;--'
OJ rH tn CM -w- <
D-r-l i-ICM(nr-IO*r-]vJ
^ to o ov C-- >o m t^»n
CM ^ CM
c^ -^r
•4- CM
^ t*- ir\ if\ f»\
3 -.t CM [> rJ
^ H o> rH vo -■
en CM
•*" ::3
lAC^tO-OrH njcoio^
cocotneoo c^r\-*(p
■3 tJ>
CM C^ O *0 \0
CM (J> CO to CT«
C^ r-< rH CM n '
o o
C^ (M
\0 CM
f^c^C^OO OOmO
aa
C-- ^-CM—- ' -^
e 3"-
tOf\^-^ r^«w- vOOCMrHCM*-' -O ^-'
<n ^-'t- \o t^ CNj «
tn >oeo-j-'£)^-'iH-4-
to CM CM
H en p\
^o n fc
1 CO -—■'-- vl ------ o — -— —
CO --- C^ ,--,-—-- CM
— a
vo n (-4-— '*-
O CM
^ ^^^
OS CO
H en
o c^
CM (N
coc^ c^M■o^ mrHoo
*-'--' CM
en <Jv CM •»!
C»- n CM CMri
C- rt H to CM u^ o
in rj CM (J* c^ m lo
CM >r O rH ^iJ O M^
(^ O Cii >o \0
CM irv (^ ir\ u-\
CM O t-- \0 CVJ
Ov CO en
m > OS
(js CO -t
CO r-
-J OS
CO rH -< r-l Ov O >n C-m CM CM c^ -* C
OO i-^r-l ^CMCM CM*^r-l -^lAU
I en c^ \o c^
» lA CJs O C^
- CO sT C^ OJ
m t- tn
OrH tocvj tOtOP- sD
iTiiO --tCM rHC^CM OS
T\o cnos tnc^^ CM
3 CM m CM
0> vO ^
fM F- OS U*i
1 -J- sD t
5 d c- c
(JiCM-^ 0<N CM qs^tOCMrHinC
CT^osin OO ir\ a)(ncooc^H^
COcnf- ^OrH OS Cy-.tOsrHrHm-
a=.^
c. s
(^ CO t^ cyn f)i
CO H — so
n ^ OS r-
■< CO o -J o 00 tn
H oj c- c^ t^ n u^
\0 »rt rn ir\ OS i/> iTi
CM in m
r-I r- CM
CM CM 0>
vO CM en
-4- tn o
C- C^ ir\
n CM in H "A to o
CT» r^ CO CM en iH O
H -4- >r O to O r
CMCM HtMO-JOcn OS
--ten St>CMCMfnr-i -.t
aa
S3
o o»
vDinHoso mtococ^cnfn-J■
•>Jt0HrHCM iTivf-^C-OCM-l
tncM-sjcnco t--fnf\io^->i-to
'D t> ^ •£> r-1 C--H-*>
p-^cninN oH--if
CM rH
^ \0 iH O CM -4"
tS5
c^ CM
-J- sO
to vO
in -J
c^ c^ rn fn sO
en O- IT' so c-
cn -J -f cjs CO
) tn CM -J CM u
J -t 00 H r- r
- sD ^ t^ O >
H O CM M >n w
r-( CO rn tn -j c
^c^ mc^oos->t ooosuiti
CMO com OCM-vf C^intOrH
Hm H--r mtnm cnc-soo
r-l-t r-os cnoom r-looco
- -4- iH t~l rH IfS ■>*
\ P- (T- H "» Q H
J \0 CJ> t^ T\ O O
cnvt c--cocJ^tncMC^ so
^(js iHmHCMO«0 to
oscn tnc^osr^t*•o -4
CM O
O m
to -4-
OCM vOrHOi-|>t mOOCMCMsOC
cMm cnocoi-laj rHrHtoco^oc
OsCM CMOtOU~i-4 cocMHmmr
m c^ en o "D so Q
C- to CJs ^ rH H so
O OS -4 --I CM
(n CM »0 r
C- CO r- ■.
rvj o •!) 0
C sO t"- (H en m CM
rH \D C-- OS SO CM [^
o -*r CM <n ^ c^ -J-
'O -J -J' c- o
(Js O CM Q -t
^ m c^ ® rH
t^ tn en
tn CM H
OO -JvOiniAvO cnsOrHiAOsC
c--vO c->tOfnrM psooosf-c
oscn rHCMm-i-iO COrHtnrH'i>r
SO rH "i) O OS O e-
CVJ -i CM CM H CO r
CM >n o o>
CO-J- OS\Ot^C^m C--C
HC^ CMC^'OO'O tor
rH H rH CM r
c- CD in to c- c^ u
rH ps rH C^ (Js rH SI
00 f- O cy CM U-i ^
O O Ti CO
H CM P- O
lA to «D m
i to c^ OS 1-1 r
OO CM C^
CO -J 'O
f- CM CM
inos 00vOCM>nrHC
i-HsO rHC-OsC^OO
NlJiO -sJ-C-CMlOrH-J
O* lO (M
SO -^r to
en H o
CTi ^ to r
ir\ rH rH 0
c^ r-4 o u
1 CM r- OS c^ o
J -* -4 00 rH
^ H SO f- ^I >I \0
vO ^
CO ^ 00 -4- C-- £>-
?tas
OO rHCJs sOcnCM rHf
(^tO CJsrH HCO-4 Ot
oco sor-l ma«os OSC
^I n sD ir\
,100 CM COrHcn rHCT. P-r-OsC-sOrjiA -4 sOOsm mso
inCMtOsOOCOO OsCslOO sOtnHOO'^C-C^Os H OvDCh OCT-
._.«,^^._g CMOrH \0r-lfMC--s0C0-4OvO> ^ COiTivO CO>f
JC>C0OH enCOCOsOsOCMO
1 >0 en so ■■or
3 en ^ I
3 rsi >J c
vO -4- rH OO
ifsio CMCJiOvcotnC"- 'O en
C^iA OOsCMenenCM ^ r-f
OS to ps -4' U^
CMOS r-0<rirHcn iTliniTiflC
rjui ^^r^c^sOO o-teocMu
CMCMr^ i-i i-t -■t r-t i-\
^
la5
r.
.«
J
M
3 OJ S HJ
e-i n rH -tH U
°^ l^c
C o 3 Ti n
o m B D
iH e 3 «
rH 3 0) C
rH CO j:: 01 -H
•H -P rH 01
Q 0] ex P
i'^.S
tn o o -D
111 -fj
B rH g ti -H
d -ri ed o
^ 3 u m j=
]U O
vO C >»Q -H
CM O -P = J3
r- -H -rt 3
*J rH TJ
G o <0 CO
O HI -H CO +>
tn (^ -P o
Tt a CO s -p
0) 0) r -
(0 V -H (C
•H rH +^
•a 3 P. tt
0 CO OJ +^
(U ^ <□ (0
= C +> 5 oj
c -H do
O m <M rH T3
■H 3 O p.
■P J3 J< rH
O 0) 0) -rt
3 <« -p m
T3 o a t. +J
O S O O)
fc, fn -3 ^ T3
' to +J fn
a> X t.
34
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
is
c c
T) -a
O -H
lb
<£) C~ lt\ V} I-
to o> to C^ c
<D cr- m i-i u
~i r^ i-t r^ r^ r~-<^b-«0 iO>0
•3 O^ m i-t tri QOOrHkOf-l nu-i
asf
^ o3 o *0 a» > ^0
^ -* -* ^ 04 2
m to ^ O c- o
(MtovOin Hrg^>ow flOr-i
) C- (N -H fn rH fM CO
> u> eg r-i f^ rv » f-
o >
•^ <-* -i K> t^ C-vor
(n O (NJ
^ O to
3 IT* CTi (N C
J (M rj OJ r
41 O
0) OJ
>n a V-
o c^
rH ^ O
o to ^ >I >t
~ >t C-- t- c^
lA to to -J
3if\ CT> r- H Q '
<n rj oj a- S c
i-H O ''^ >X) O O^ ^
sas^Ri g-"
>f\|<M tOr>OC^CTi to
CTi to r-i Cs "rf m r
rg to f^ -J O -J C
oj to o (? n « c
133:1
CT\ •£! CO ^D C^
r\j\OvOiAio -jt^^c^c^ H^ooc^-D tnry
CM(^ir*\Or^ OvOWvOCNj l>0>-<C^in i~<r-f
\ CT» eg u^ o^
^ n tn m c -st (
a- 03 tH iri >i3
STl -.J ^ -J-
-J -3 <N C--
1 CM r- H cy fn -* c
1 m o b- o^ oj u\ r-
) m %f -t iH cvj t*- u
^Ot>C^O*\0 O0\f*^0'fi OU
1 O c^ >!■ rv
Cy C- -st fV <M r
« o
ox o^ o >i r
(H f^ O; to r
oorgc-^DD- oo^WvjiA to
C-- p> iH (^ (M
H S o eo CM
o (M a* ifA r-
O O -V
c^ c^ CM m nj to
On f^ >0 J3 C^ 03
S C^ C (7> H "A
>f H CO -^ CM -.* f
Q r-i ox m O H C
■sm cMir\c^-.j-(n c*- —
5 «
IJ^
vOo-C-iHC- kr\(Mm-*fO C-^MC^g^ cgeo
(nmvOr^cx OCO(MCMi~I rH-ixOC^f- c^cn
i-ilArHOxD lArHOtn* tnCMlACMlTi r-r-j
H H Hrg-.jnf^rn^m\D'£)ir\
Ch cq
•i-5
—JlAOxO CM-iJO^ICM C~--^C^ri.H
xOtOCOCM rHt^^m^t tOC-QCM--*
<N C- O -J -J CM C
«5
li;
t CM CM f^ ox
S3
o o
lACMOrH^ Ox«-)O>C0f^
U-xQOOOxO tnffl&C^Cxj
•OOcni-im vfCMOHiA
r-t n >f ^ to
CMrgcMf^CM inC^r-oxco r^i-
•.!■ «3 -.f ir\
^^£>o\ lOmcniA-vt o03C-oxeo r-os
3»0^ tOntOul"
1 ^ ^0 CM tn
f irt ox xD O
^ CO ^ Ox CO o
rgf-Inu^CM t^fMC--'OH mgxcdtocTx
\ to -t r
■x C-- CM C^ irv ts
SxOr^xOirt rHCOQ0U-\r-l HOxf'
mcnmoa ox--jtorvo b-f--Hrn-^ Hr
-JfOC--tM(M CMfnCMvtCM COt^TOC^xO Su
oc-coa>^ toc^rHn^^ c--eor~c
OWrHOOx ry dl 0\ 0\ -^ CMtor-C
g8
lACMOxCMtn rHOxC^OOx HCM-OtOC- iTXv
oooOrHj ^^t*^^^ Ojc^r-tn o^ r
> r\ t^ 'i to o•o■J^^c^
xO r^ xO rH ■-* ox Ox
a CO H ox Ox rH fc
m S rH M OJ CO
J -J' CM xo >r
3 -i ^ CO kn
A (A M i-l CM
xO >f C- o CO c^ r
•" ■" xO tn rj m xj
to a -^ >r\ c^ HC_ .,
t^eotncxxo b-O'-^C
CMOJCM.HrH CMCMC^r
■0 —
Ox xD -xj CM CM
ox 03 (-A ry r\
Ox >r >A CM Ox
aHC^iTx -^■tOrHOCM r^r^
b-tOCM t^rHOxxO-J >Oi-J
l>ACMOxr-J xiJxDSC^Ox QO>r
> -sj CM ^ C
- O CM CNJ c
J lA -si 'O r
xO to CO xO r-t
c- i-i o> "H n
n r-i xf) O O
fnr-0<HCM Ox-jrOC-xO fMCM<N<-|xO
iAC>r-tr>Jr-t tnC^tO-JrH Hm-J-OO
rHtHoicMCM vrxor-irt-4- n-xjrtTtfn
4 ir\ o -J cococo<n
-or- 00 HmrHC^
xO c$
cxj o
SO <-» O 00
CM tn St (n
Shoxoxox rsllAC
CM -J >t CM r-^ ■ -"
CM <A «0 CM
fv r^ n c\
\0 CM O
p c- o
P- t- ir>
a r-i (nr-txOr\tM f^xOiTiC^f^ OCO
Ox >Ir-JtOC5xD ^^Ofr,o CMC-
xotn c~-mfMx5ox -nocMooox c- <j^
CMt^Q-^O ^xOC--HxD C^tM-<Ojpx D-iA
'OQO-ii-l CMCMCMC^CM Oxr^c5--fCb OxlA
CMCOCOiAo \0>J-O^^H f-kr»xOCnfM OxO
P fd £3
^OxCMO«px Oxr^r^r^O C-fxj
jior-oeo I-Hooc^^ coco
5xOxO-.rCM oinCMCMH CM
rh n CM CM r
!:}«?
:5!0ffiC-gx OOxl>CMO HrHm-J^ri r-)0
ooo-^oi mcMCMQi-t xfif-,m»nS oxxiS
CMOxnnCO xOCMOOOOO OvOOOOtJxiA (Jx%f
t m Ox p-1 00 to u-1
> o n (^ xD n -.1
> en CM <A CM f^ H
■noxO'j^H fMi-it*-iot^ c-nr-no- fnoo
'Ol-^C^O^^^ xO(nrHxOr> CMcnHCM r-l-J
p:J58!
S
CxJC-Ox<HQ r^On'ACM -xIC-QHxO HOC
r-(t^Q(nto c^■>*HQ^" c^-st\Do»i> Hcn
OxxOtOOCM r^irtcxj-Bc^ irstooc^-x* Ox-J'
00>l-jr-Ox t---d-mxO-xl xOC-CMCMCO -OrH
8cMo-xt>t mc^xor-j oQu^xocM oxen
OtOOOCM rHxOCMiTxO n^Sc^otn iA>
■ACMO^mOx xOSox
CMr-jSxO--t c^f--r-
o 2t D- r- -o i-H r- Q T-t r^
"r-oi -.tnrMoxiA o<n
~tm CMcnCMCMH miH
^eo■stcM -jeo^toqx -rfirv
^Ox-SCM QC-CMiTiOx -}^
\<M-JCO xOtMrHOcn -JtO
xO u"X n fM CM
(X
s
o
u
''5
r
• '"" '" t, t, I, In t. t4 t* >,
> T) -g -g ■g
r§iS§ §§
*> o o o o
*□ •, ^ ■« •,
C iH CM tn >I
P tfXQ <0-W> *fi V> *f> if> *ft
- o o o o o -"A p m
. K K ^ ^ ^O -M ^ CM
"O "O TS "O ~" ^
O O O lA o
tn >t lA D- iH
vi m *fi «i fi
u u u u u
(l> (U <L> C^ <D
___ ■O-O'D'OTJ
§§§ §3S§§
ss
» ^O lA O
irv C^ rH r-t CM
V3 vi to to *a
K -tO lA O (A O O O lA
irxC^rHi-iS CM(n>JtAC~
to to *o to to to to vi to to
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
35
3 5 5
III
3 CO
o a> t^ ^o
ir\ (M f^ i-l
-.r o m (^
f^ cy n rj CM
00 H
IP
ai.
St CO ^-'
i
O v£> in
r^ r- 00
t*^ r\ tn
ir\
-4-
s
<n ir\
<M
3
Kl
H CM CM
en
tn
OJ
,H Oi
<M
»-
— *-.
— ^
'""-
JTvZl^^^
-.
St S"
11 =
ss
11^
le-8
s a
J5
n m*-«
II
fovt^r-co c^^r^tnt- oon>inc~
\0\000^ CMOOQC^tO fytOvDOO
3o\ o t-
o> tn Q
1 O^ Ml to
o c>
_ CO -i
CI r\ t}\ ty^ <D
^ n.o 0
c- \D CO (n r- CM o
en en C^ TV vO xO O
vO \D O^ CM C* O -J-
fMinvO\o>n or~tMO\0 -i^O'-jo com
HrHINCMr-H iHCQrHOJCM t-^--
tM CO -1 C^ \
vD cn CO -tf C
CO -^ CM C- r
SC^rHCOn \0(Mr-OtJ> \OC
C^-4-CM-J^'4' tM(M\OiriCM CMr
HCM(M vfCOCOvDvO --t
y'^^'r
nvOOiOCO CMC^'00>0 *ou
15
l^^O^CM*00^ (JivOCOCMiO OxOOt^^O
nnmp^CM CTist-±(H-j ir\nF-r-ir\
CMOtOfcC-- ^0>CMintM D-0»HSoO
\0>tHCD(N QcnOp^
OJ-J-t-C-O vOHCoiS
>!■ n o st <
CMCMCMry,-! fMtMC
^ ir» m co (7» r
C^ ir> tn to >A «o \o
^iaP ^?5S;
CO sf NT -4- ^ r
IM
H -t TO
CO C^ m vo m f^
^ CM H
0>0->JiAOv \0-J-OH^ r^COrHO^iH r~-\D
Q0-J>iCOir\ rH\Or-C>tM vOrHrHsJm >OCO
O^rHOcM \Oir\mcbi-( >ir\tMCMtM OltO
-J-'OCOCOt- nHWvOO' 0»0f*10j-^ o
HHC^cnO (nM}CDO\p^ \O[>r^t--0O O
■jt-tncM-t (Mcoc-fcc~- cncnp-c-r- 5
tnvOtMCO\0 r^CME>C^M C00\t-\OC- CTi
in i> CM (o CO mm
m H c^ o* (^ r
H r^ CM CM CO
^^^ fnmO^-4-OO C^COmCOt^ D-'
i-l CMf^CntnOl r-(rHCMCM(-l CT-t"
O 0)
h CO
a) gj
•a -5
C^CTivO-^O C^-.JOO^^ cnCD
rnCMOCMCM rHf^OvC^m (^OCMrHCT- mCM
sjc^cMojvt irv-4-r-jQ>cM c^c^ooQ& \Ofn
iTirH^OC-H eo-JvOOcn ^rHCoSvO rHCO
o\ 1^ g\ CM a\ \Ofnc-g\i-( rHCMO'CTiC- co
tM£3f^cofM O'OOTOr-j mr-c-cMC- ^o
C-OOCO>£1C-- ^^COCDC^^O C^COvOr-^r^ H
CM r-^ rn (M CM
4 CO r- vo \0 CTi
SP
\ xO sf O ^ O^ O
^ n -^ o^
[>OcnCMC0 [^mvO>OOi O CM
acMm-JO mcMcy^om to f^
\OOCOO sfOOf-TO vO vO
id ;^ad"
c^ o o« s, . . _ ,
mq>y3(nvO mmoN -«t
OOTOCMOrH rHmcy (A
TOiOstnCM tnCMCM CM
S3
wvOmcocn o*(Mm -4
\0(n-4-c--TO ncim c^
fMnJO^Om ^DCICM
ra 3 § o
S ^ P.
-j-J-cMOtJ* oi^ooom cncji
mmCT>CM^ cnr^stCTin ocn
cnmHC^fM (^CMvOcnCO TOE-
st O TO C- en
>0<MvOCM-J- tnCMOCTiC^ ^vD
SOH'Oci mt-tnTOrH CMH
amvO-^ HvDi-tCMO OCD
HCcn rHCMOOtncn fn\0
U CM CM in 3 CM r
s
"3 M
■25
8* o 8 8
o o o
o o -m o m o o o m o
•^ iO r-lcMCM (n-<mc--"-i
_ - . ._ t/> til) t/> to o^
4 en sj u
-.\r\ o m o o o m o
3f-fc\ifM cn^tmOrH
-i-tj><i>^> to w CO en CO
) -a -a TJ Tj
<B p.
o ^
° II II 1 1 § § § § i § § §
36
U. S. BUSINESS TAX RETURNS. JULY 1959-JUNE 1960
h
-c*\r-t->tr^ lOt^OC^ Otp*OC3>r\ irt
\ Q ^0 ^ f^ r^ <-* •f\ C<i ir\ (fAOt^iHiH TO
r-n" i-T (^f^-^TiO ■^r *0 O TO 2 O \D -
TOirif-l-^ (^CT*«OOTO --t
-^lOfHCH-O tr^TOOO'O ><NO>TO»0 <^
'ATO■4■c^!^ "JtMiTir-cg oro(n(M»fi lO
lAiA-JrHTO TO^-^>-I^O •f>-«J(J»Or- CM
4itn mc^'OO'O CT>'~»
r-t »n»^
rsimonio ^OTO>r^vo r^(o-jfM>o ^
(^Q-^C-(J' -^eprHr-fO. rrt-;fr^-j(y. (\J
— io<Mnto ooc^cyf- i-<mTO«>r ^■
fV t^ IM CM CM
f'CC^r-'O mOvDr
>f cr
11
r
^ m
^1?
CO O* TO f- ^
J >A >£ 0^ TO vO*^
aTO'-t(^>fO a<vtTOr-1rH
|5
S-
'^>tc^J CM>t>tTO<o %Ort
t^ I :
tn TO t- r-l TO TO CT»
in CM C- Nj- Nj -' —
a<Mi-l TOOC^tr\r4 TOy
C-Hto rvo-tfu^tn OOP
1 C- TO O (■
1 lO (M vO -
H TO O O 'O
S-'
>'0»ri->i t^TO-jO'D \otj\TOC:-r- ro
ilf\ Irt m OJ
■^ -.f ri O
ar- TO TO o^
iri *^ --to
) C (Si sf -* O"
(J. ry r^
TO a» o
"O irt o»
o a^ >-< 'O m
a- o\ o o TO
> -^^ TO TO 0>
\ O TO (^ -J
TOf^C-xOt^ kATOC-f^OJ rHOTO^r^ -iJ-^
OTO^T'OO' (Mt^rMCJC^ TOff-t-O <NO
-- '-■- - — ■ mo*oc->-< ^0•H
■1 ry C- \0 sO C
H O^ -f iTi iTi \0 f
- iH TO 2 C- <r\
■vf vo ^ >r -nI I> r
-* <j» r~ -o "-
cnov^OCT- cxommc- --trH-Nrvoif* lAcy
rjfjt^tMiH (nll-^TOTO^O »OOt^rHiO f-(
" 5
TOOJr-IC^-^ >J(^riTOlO ^-^-^X)^
C- cy ov TO
j-00 lA^-^mro o*-^
-ttnCM iAO*<-<C-TO TO
1 fH >o o q
u^ >r> O N c o iH
-J TO C^ 2 ™ ^
t ^O P' (M TOP
5c^ vOTO<nr-ov (no>-*o(N
OONiAMiO Q' Oy C~ •-* ^ lAO'A'^r- oo
\Oiooaio oa\or-ra>~< TOf^t^'-t'-< <r^ v\
TOtT>OJ\OC^ OTOO*(^JO 5)rH\DvDm >J-ir>
tTOO*n<rv o*«0'-
n t\i t- rH OJ (no
r- C^ O (M --t -O (M
>J TO C- TO >f <M OJ
Or-TOiArg mCT'O^C^-^ f^CTiWOvO'
-^'-^'^'^'n OTOtNlrjON TO<20*QTO
irt c^ *0 sO >rt O u
t-- fV O t-- >■
TO rn TO OJ
r-( TO TO >0 >0 O r\
O 0) +* I
Li CO O O O
•H -H O. (
I (D > O
iSSE
-TO-OO TOfHiAO^ \0
^•X)l^J^-• Of^Oirv CM
C* "H CTi n
OJ o a- *o .
t^ ^ cj, c^ >t o
(M (jsirviAcc o'noJc^o c^oj
JTOTO-"*-^ C^'-OC-^
<-. tfl -d -^> o
|3' S,
«Q S n r^ 0
\ (A \o c- if> OJ r
3 ^ O «^ (M a> u
m\0<nf-vO C^QojOf^ iO«
to OJ o c in
*0 <-) C^ TOO
(M >f o (n OJ
r-(o\<y.\ot^ TOiH'DO^ (nmo'ooi ooj
\D^r\■sf(nlJ^ tMTO>5o^ TO<NJOCMff< i-liO
'H>Of^m\0 C^TO^'-<'-< 0>OJrHC^ir* (^r^
TO vO -^ 1-1 O E^ c
•oojrHTO-J- r-r\<Hg^t^ inr-oo--* ^or- p>
mTO*D^-} So^ojtr TO<^o<nTO ■* «
S
OOO O-.tnO'O OOOmo
^ -» 1 -lO --JCMOJ r^^ttrtf-r-t
" " ■" " ----- — — «ft y> W W
OJ g ^ jn P-
" u u u
t, t. a> 01 OJ
41 « •g ■g -o
] L. t> b U
> OJ « 41 a>
> -a TJ "q T-
- -; e 1
T3 -g -D T) -O Li Q
■> U U h Wi
} 0) U 0) 0)
) TJ -O -D -0
Ill
o o o <n o
m >* <rt c^ »-j
«■> w w> «o w
Li Li t. U U
OJ CJ dJ (L> C'
•Q n rj T3 T3
§§§§§
a
S8
illl
T3 T3 (
11 11
L. fci ti t<
a> 4> 0) 4)
3 3 3
0* o,
O Li
4>0000 OO ^-^.v
•a ^ m. -. ^ -.^omo
Ci-(OJ(-l-* iTlC-i-trHOj
& w «o »> w »>-w>'«ft «ii><o
sa
S f^f^fj*^
»o in o
- rH H OJ
m o o o m
oi (-^ St lo t^
»> W W Wl «>
c ^ oj Tij ^
J pS -J m r-
> w-w-
«>«» ^Q
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
37
ill
;P:J
-_"r^C^C^ C-*tO'HrHiH i-HOt^O^^O >0
Oiir\0\Dt^ xOfNjNOiTirH r^o^^rSiD CO
iNinnvoto c^ntMr-o r-iirtr-ti-lin eo
'as-^
^o -^ m o tn O"
o^ c d tc
3H) O 'J-
,ga
t> «o c- >f >n r
13
to O ■>*
■]<Ar'\iO vOC--jrv(M t-r
a s
<M to ir\ fv <
\0 vO \0 -^ r^
38 =
3 a
Hi
3 ^
IJ^
lA vO OD U
o n \o r
■ > O f
^l^ r«j-4->oio-* r-r
in r>i o ^o
^joj,fOOJ Oi-IOp>(n r^OOtOrvJ O
-"\-J-sfO tOvDu^TOr- rHnO^C-C^ O-
itn(n inir»oa>\D too^DO^ri -j'
3 5 J
ISOJ^'"!^^ inp-f^cMfn o^'Hvocya' -nJ
tO\DrniHiJ) ^f^^ou-,,-! vOr-((nf\JC- i>
OvOO^lTlvO O'O^r'JC-- i-HlTlOlTlC^ <A
!3
nnt^-4'^ mc^ii
■^ O O' C -^ (Ji o
Wi-fo^o'CT' (nlAc^c^co -4^M)n o
% \o t^ oj
ir\ o c^ <*^ t^
OJ C- a^ r«j lA
r>j n o vD iTi
OvOOC-C-- OtOK
tOrHO-.J-TO tttoe
C->AO*00 O0v-H\00 WiOm to O^CO
\^>j-r^ iAE-,Ou^u^ r^vO-^>flfn
(M iH r«j o^ u
3 c^ in C O r
! D- lO -^ UA m r^ •-
^ !:? £? r-i m to m --t (^ c^ u-\ d) >t
tO>f^iHCM O^tOO^OW O^f^fMOvO iO(>
OWrHrHm ir\Oa*rH*0 f^vO-^^D^t \DOJ
cMOiriatr- nc^rH-j-\D i-jrHc^^rH (D to
HCMiH'rriu-j(j,u^U-, no^iTtCUCO ir\ —
ntOOC^'M iH-^miA-J- tJ>fn[>'-<-^ \OCT»
if\ot-\po (vor-voc- o f-tb~ o a^ >tfn
-^c-o-^r^ o^--rf^m mno^OM c-to
iaas?
CMCMfM-J-O) tOrHOltnO ^DCTiC^ff-nj ton
iNr^irirScM intOHONON I>OSOm O^
is
OC;-H(nM otor
!0 C-- oj to O;:*
^ lA to n oto
t '-t -H 0\ O \0 O^
Si°3
to t^ O^ «A
r~ <?• C^ VD \D r
H to ry r^ o O
t^ C-- CO > n
in ^ >f rj vD
coD-c- OHr-(ipm oconjinvS
Of^onjnj r-toto-^o otooc-\o
\D*0-«finf^ \OtO^^J^O^O ".tC^mC^-^
r-o^t^oc^ \omooc\i
O oj 3 -H C
m o o o
rvjo\Ofn--r corvjr^ tn
^ r^ r^ (Ji CT> u
f^ o
tOnC^vD^ ^fnCMr
go^noto •^fco'-in
O r-i TO ->? O -H - -
rH --t O^ O vO u\ -.f
33
) ^ O mnj CM i>
3 \D <H -< fJ" CM -.t
1 -sf m -4- >n MO'
H ^ O f^ in <-
->f C- m n f^
\0 CM M
;:iaa
C-- c^ m to «
^ iO fN ^ o>
l(^^r-lln^O ^-C^tOOJC^ O^tnrHinvD ooo^
i>otoiniH vomioOD- inD--^-vriH rHtH
•H a)
3"
CM f
j to W </3
0 ^in o m
^O r^CMCM
F-i h t^
(4 Lh at <i> 01
01 4) -a "O "o
o o c
■VHf) V
<D U U li U
■^ -=- o o o
^ Ih F^
111
) o o
o o o o o o
U f- it <U 0)
~" 3 § §
OOQO OQOOO
QOQQ OO ^-.-
O O O O O -in
fc ^ ^ * ^O H
nj ^Tjt in c- r-H-
m O O O u
CM tn -4 m t
^e- w-«o-c»«
(4 h b t' IH
1 T3 -a
T3 T3
sa
I 01 (U <1> 0^ (1) 01 1
■g -. -. -V -. K -o in o
Cr-(CMfn>j mr-f-iHcM
P t/> <o to w -to-^ to to to
^ o o
O >n
m c-
■w-<o-
=1111 lll§§ §§§
1 O " " '*• "
^ •.o'ln
m C^ iH iH
II
5 O O O O O 5
o o o o o c
8SJ
d^o'c
38
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
g.,
i.5-
O
u
B
a
o
Hi-
o o.
■H 0)
1-3
3 o
1^^
II-:
1^
t; 5 -
||i^
lll^
^ OJ o <
ija:
33 S
iH to -3^
as
o o
s a
%o c~ o
^ « r-t
5
S^ W Q
•O J3 +3
'Ci'^SS^'^ C^C--TO<JNO' 'A-^t^D-J^f^ oc
"^StSe"^ "jt'^'^W'^ (M^fHf^^ rKv,
^tfveor-^ >iftitOrHin c^^So<M^ --If
2Jr->*04CM <MfnfMf\j
1 O HI O O O M
O -g tJ TJ 73
^- i § § §
(4 u
■O T3
• p< b< Li h ti (, L<
> V 01 4) OJ 4> OJ 4>
i§§ §§§§§
u o o o o o o
O w, o
rH r-i fM
M^ O O O if\
rw r^ -^ tf> t^
«/>*0 W tiO W
-H 41 (O lJ
I & .«
S 01 h
B > x\
O >» 0) +3
<- 5 ^
>> S*^ °
>^ fl) K u
5 "i 5 o
■^ C Q +>
■5 -^ 5
^ S^l
0 u q
3 "^^
S <ti g,
m 5 S I
» iS5°
II r-l ^ C
w o o
■5 ■" •*
r- -fH -H
+* >-H TJ
>> o -rt 5
^ --I ^ d
goo
fcl »i (J
s «>|
r" ■-( +3
? » t"
*» « a U
1 2 .S
sifl
•H 3 O d
♦» ^ ET
■s °ss
♦f d -9 *
■H d o <u
u -.
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
39
I cv rj (n tn
iC-fMtnO^ C-TOCOtAt^
\OrHr-*p -^ ^ r\ OS \0
t-TOCMTO lA-^r-iniX)
\D -J (^ r- -J- c- O'
iH -J- r\t r~- r^ rM
TO iH ° sO S H
TO to O \0 O H
\0 OJ [~- t- AJ
CM Ch 0> ^- 0>
m TO O^ O •a
iAiAt^,H OvC-r-rHO
1-9
§ I-
r ff vo 5 8
H ^ I^ lA ,H
ir\ TO o^ C^ c
rH to O --t <^
-4- C- TO u-\ (N
oj o fn vD a>
1 O vO Q rH O
1-3
£:3
I CO t- m CM
o TO TO r-
n e-
la
O TO (> m
SCT« lA TO
Aj -sr r-
nT t^ TO -^
.p
I
rH nH ^0 TO sO CM C
r^TOf^c^ --tOr^TOiO
-fvOO^t- AJTOHOO
\0 lO >D C~- TO
Qs O^ ^ ^ C>
rH rH -^^ CM ^
^ *n
OS-.
I C*- vO lA sf
H C- CJv H "=0
^ r\j lA In v£>
H n ^ lA CM
CM \0 t^ >£)
I »A C^ \D VA
r-) AJ m O
Oi Nt CT> rH
5 5; lA -.J Q
J O CM 0> lA
t AJ O r
rH ^CO C^->tCJ^ONn
>r CM vO O
\0 S TO lA
CM lA vO -J-
o 5 -
r vo c'^ «
^ r- CM cj' -4- «o u
t'S c^
P- rH
IrHiOTO-^ (nO*f^r
TO^Df^J'A (niArHOr^
CMiACT- fMO^CMAJCTi
rH CA O^ \D O U"! !*\
I O CM \0 t>
MJ O' CM O _ - ,
rH'A^vO OfACJ»C^>J
a P S
J C^ TO TO TO U
H CM n \0 -J- AJ >t
IC^OTOC^ CMCACMrHI^
TOvOOrH AJ-JiATOr-
r- ■£) O AJ
IrH-JCT-AJ miArHiAn
OTOO"^ TO'AO'^vO
TOOt'i^ "ArH-JO^C-
f^rH^O' ^lAtncJvCJ^
^ en >J in lA rH
CM tA (^ rH
3 oJ t^ AJ ^-
C^ 0 fA sf CM
\0 TO -sf rH
rH Al
•A t^ rvj ^ CM
OJ CM rH
H) o
73 Xi
6 =
I r- o^ --f m
^ CO CM c^
O m o TO
H AJ O lA tA TO r
1 U-, t> .£) 0
n rH CM -^f -st
0 ^ [^ 0 Cjv
(A 1> "A -J;
yO TO
483
1,103
683
322
217
<?v CM 0 O-
3 CA TO TO ^
C^ AJ 0 0 TO
O O TO cn O O "
JS5
^TOcna> CJ^(J'-*o^o
.J-if^lA CM-J-rHOH
3^0 C
O r
^5?J^■^
HCMAJ vTvDCMCMf
S AJ TO O^ CT> »
■» P- CA or
fH CM fA f
I 3-s I
0\IACArHO^ ^rHr-HCArH
O^rH^vDC?' OvOCMC-m
f--.rc^r-tAj -^ ■■o o i-i o
r^^AO^'nlA TOIATOTO-S
TOOslMOO^ C~-CMOO«
rH'O'ACMO r-CMCMr
0^-£>OvDIT' lAOOC"
-J-IA^OtM lA^f^Ir
^ O 0^
F CM > -4-
J OS S -o
D^■^D t--(A'i)TO^
flAC- rHCMr--\OTO
StoCT. iA(-iTOC>TO
rH -fl lA O r
^ O O iA r
\o r- CM
1 AJ TO (J- <J<- ■■O r
O
U
p.
■rt O O CM in
+* in rH tfi *»
-O
S,5|§§ §
5 O S
O O Q C
8Sg^
oSSJ...
z 1-^ -<e-<&-w- ■«■■«■-«"«-«-
80 O CM w
o »*»■«
■H Q O AJ uS rH
+J lA rH ■«»-«■ -«■ (h f
0) 'tfJ'-VJ- 0) a
•H ^ (-. h -a T
UtiF-iOJOl UCE
<ii a V -a -a t)3;
O.S g 3 3 3 o c
m 3 o c
■a M 00 001?
CO O O iA Q »
OOJlArHCM OSrHO
■He- f-
o
;3S
CM »A rH a
«*■«»«}■ ^
O S Q
O <M lA . ,
rHHe--«> ■•5- ti tn fn f
■(» ll> OJ 01
tj -O -O "O I
H «»--«> «)- Fh I
Lh ti
I 41 t3 t3
J o o c
) 0 "^ c
sa
-<»-C»-C9- ■«-«(>■<» to- ■»
ii> a 0) 73 -o
p.*^ S 3 3
4) 3
(0 O O iA
O O) m rH CM
Z J ■»■«"«©■
5o
5 CM Ti in OJ
•n O O (M "A rH O
+J lA rH ■»■««■ -«- [h tl t' a
is*j--» a> a> a>
■H FhI-1 hTJTJ-Oti
ucFimd) mdcco
ujaaj-a-a T3333
(h ^ -o c g c o
P.-P 233 3qooq
OJ 3 Q Q O O
■ara 00 QO""© -■
ffl o o "A o * * "O
OwiArHtM "ArHCyiAr-l
Z tJ <»■«»■«» -»-«0"«-»-«-
40
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
! e-8
|3
u^ to ry \o r^ (M
-4 ■O <^ «D
r^ \0 <n
1-t u^ to
P> Oj ^ >0 r-4 CM
I f\J to lA <D
rvj p- r- o>
f^ ol to in in
rg V vD to ^
r- to o* <^ o
fM fM -c m -si
I (^ m fv f^
-5 0> en rH
4 m o> CO
I -o to
(Jv o
CO ^ Q. <J» r
>j in r\t
•O >o v> ^
^5
(^ f^ CT> 00 CT* -4
p-i --f to t^ (M IN eg
O <N f^ lA
lt0(7«C--O OQf^ C~
m-OiOO r^rnog So
r-tAAeo O'CT'O to
tH (^ c^ >o 0^ to
1 9
I to St O lA
lA ri >o "^
^ to eg r-
o to (^
?v t- oo
^ n -sf ^o -1
I O O eg o
c^ <N O "N
^ ^ Ps to
^ -3 t^ fg
rg >A o iH
S3S
rg rg
|5
(j> >/ > n
^ 1 ;
I I I .-1
(n [^ r-l
rH CO to
•<t O^ C\l
1 5 :
4 8 —
e ■
> CT' to >D to (^ r
(N r\j >j \o m c^ I-
-j^ rg >o
rH OJ (N O* o "A *o
.o to \0 lA ^ in fv
O O nj to o O C-
rg in lA in o oo
AJ o O*
I CO CT> -D (^ i*\ r
[^ <*> O \0 0> r
^0 -O -^ eg f^ C
to ^ t^
AJ -3- (M
.-I lA rn
0> -sj C- [> f-l 00 t^
o* eg IN IN p- >£) m
to C^ P- \D <^ P- AJ
II
I >0 >£ r-l to \0 C^ lA
AJ t^ to \p r-l lA 0^
r4 [^ -O -^ iH Al <*!
3R
~ r-l -^ (D O ^ <^ ^ 'O
I p- Aj n Aj 0^ o
to Aj >o \o r- .H
rH \0 *^ ^ O* AJ
3 Al S
I to o Ai >r
O lA Q ■}
tOf^ ch o»
% Aj r^ CT. eg
3 Q --J fn o
> cS oj (^ -3
f >o f^ ^0 o
r*- -^ o o
o> p- vj
lA S o
Al P- -J' 00 >» O
= 2
^Ss
0> CO to >t c- 0>
m f^ Al vO "> AJ
tn -J- ^ p- c p-
Q CO q coco"rA
r S a] ii
-O'CD'A ooocgmm
^•OtOn P-nrHONOJ
CO -J .H ^ m (j» 0
t^ to rH "^ Ov Aj «
OJ AJ Al AJ
3S"'
64,353
72,434
178,592
207,333
230,735
180,747
41,166
10,144
3,408
rH n lA r-t
(n -o 00 ^ c^
-^ ^^ tji r4 )0
(^ (J. C\J W O
-^-"SS
p r- OJ t-i o«
^ rv *0 to vo
' S tS S 5
^ -O CT* O
•^ "A CM
■O -^ •*> C
o to to
rH -H AJ ^
s r
-3o»HC0 •oiA-J'in»o
•-t -4 vy ^ n^o^f^to
(J> to AJ At P-
AlP-AJO* r-Of^AltO
-4 O >!■ AJ f^ -4- eg
^ eg -^ eg w r-t
^<^o^- c^to\DC-tD
^tO^0'A rHrHOf-tO
) f^ vo a- -nj 00 --J AJ
J^D'>T CT'-OOCOtO
^ -^ "i to to C^ CO (^
-o-o^oAj tor^-j>Aoo
tO-.JO'A CT<AJ-i<>^
»A vj <^ CM C
i(^o^o\f\j t^c^r^^^n
rHtOf^r^ p-c^mcoco
vO«OtO>I >t^rHiAeg
i>O00\oo< ^egt^^p-
»Or-Q-sf ■H-^rHQiO
vOr^OAJ INOP^O^'A
^ eg eg ev
t CT> P- .H ->I P-
-1 rH rH -} vO
o eg r- t^ t^
p-iAo*rH mego**^^
i lA eg
a> I I I I
■9 -S +* ^Zi
^ »0 <« \0 Al
AJ AJ p- eg c^
o 00 -si o m
) p. ^ «
< (-^ -J >
' eg -J c
D v» lO u
^ « lA e
^ -J r^ eg CT>
> (n pH lO \0
) vO b- o o
tn -* .O lA in p-
fH f>J O «
lA^&if^f^ Stnmcoo
mso^oco-f -jvfrHiAr
D<^c^c^ to->foeyto
eg^O00^OCT' .-lAJP-^P-
oo-or-Oeg iNOS^iA
lO rH ^ [-( N
00 O AJ S C
p- t^ lA p- a-
^ lA ~^ p- ^
1*1 w to m eg
AJt^tOO-^ -O'-H-
^ AJ eg eg AJ
O K o -■i**l-S £
S rH^«» *J t. I. t. §
•-^ m '<»44 m 0) ft)
o 9J3«j"aT3 •q999
•on OQ oow^o -
03 Q O lA O ^ " -O
OOiiArHeg JSr-tegiArH
S?f
lo^ .
+>^>-l«»44 ^ U It U B
0494^ a> 01 OJ
UCL-OIOI ojccBo
aiaaj-o-a -0333
S.5|§§ §0008
41 3 0000
■an 00 oO">o «
_^mQOiA Q - - «o
OaiiArHeg <ArHAJ<Ar-l
O • Q S S -<*■»-«■ C
^ Q O Al lA ^ O
♦* K r-J-»<* «« b L. t. e
^ 0) «0-«4 4) 01 «
♦i ocuajD (Dcqqo
O iuSlD-qT] t3333
i^ u js T) & a a o
41 3 5 Q QO
n o o ^ O * » "-O
ooiiArHAj i?s^eg<nrH
2 i-34e-*9^<« «»•«**«*•>■•»■
8- Q Q O A) m rH «;
AJ JS .H O
•'">rH«9'4*^ «i- U t^ U e
09 1»*ft V V a> ra
<J C U V 9) ftiCCBO ft)
oiaii-o-o -0333 •-*
Nl§§ ^8881 '
«0 O O >A Q - - «o
Oa>WSi-(eg lArHAJ'Ar-*
eg in ^ O
^..,^«^4^ «>b u u e
to-VHf^ OJ <i; V
uquojiu vScco
tl*jg33 3QQQQ
■0(0 00 00*^0 »
5DQOIA 8 -.»o
ov^wAj iA^rg>A,H
S ^ «9'4»«<» -t^- «>> -<« «> «»
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
41
0,
S
§
S
S
K
B.
a
III
it
I i
1-3
I,?
Ms
1 S
•g-S
§5-5
o a --
s 1^
1^
11
o 5 -
||-si
CM m %0 O" -J
to CM
CM ''^
•"si SSa S
\Or^OO Uli?SoO\0
? C^ CM CM r- rH ,-1
3 CD "A u^ tn
■^ i" o o ya
^ vf c^ o^ o
> O CM CM r- rH .-H
IO\CM<nvr vDCMrH -^
*Ot-r^Q C^iAQ >0
f r- TO to rH c^
J \0 TO CT' ^ TO
CM -}
O^ CM u-i CM -
lA Q y
H t^ >J- kr\ >t CM
OJ ^ so
n o^ r-
t> CM -^
tn >r CM rH
(M f-i --J- r^ vD
or- n "A r^
>t la o >o tM
rH vt TO
CA ^ O
TO m >0
TO (> TO CO
TO O .M TO
H ^ lA lA O
r^ r- O t-- vD
r.„^p
^ r- ^ a^ ^
m ^ r-\ CO vo
^ 0^ CM CM
TO ^ O to CM
C^ CM C> ^ CM
CT- r-* O fM ^0
>A o ^ r-
O O rH P
^ ^ CM KJ
rH f^ C^ sO ->I
fMtO sr ^
CM .H
l-J-Ot^TO -OvOr-CMTO
lAr-tTOrH CMiHr^f^vD
TOvO-*C^ ^M^OCM^O-J
^ CM r\J O^ O "A o> O
-^ 0> TO ^f en CM rH
lOOCMTOCM OCT'C^'^i— 1
OOr~-^ inCN'ACT'lA
1 CM CM CM rvj
H CM CM CM CM
I I I I I
n^ -J- (N C
I 0> *A ^ -.J \0 iO -J-
c- i> -4: c- TO r\j o
■H TO TO .H lA O
I 0> en lA to ^ C^ %0
c^ -J- \o r-t nJ ir. CO
in >} so ^o >o o 'A
^ CM ^j" in ^ -/ r-T
t^ tJN <n lA to ^ [
tjv lA -^ vO vO -O C
h| CM -J- ir\ -t -J r
■H Q (5 CM in ^
♦J K ,-1 ■«» «*■ «>
(0 «Q «»
o -
O CM u
SFh 0) HI
H j3 -a ^ "
§§
Z>^«^-«^«> <0 W -tft-t^^^
c
Ci F-. E
■n -a ^
c
o g c
. - -C
fM "A ,-
o o c
S8 =
■rt O S CM "A i-t
*i in ^ t^-v^ «■ ^
nj ■«--«■ 0
P,*jc33 3ooQo
0) 3 Q o o o
■° Sq8R Sh'^.^.o-
0<l)'ArHCM lArHCMIAr-I
■H o o Ai as
<J in ^ «>■«»
•H Fh F^
u q Fi 0) 01
0) d oj -d -O
tH j= -o 2 5
P.-P g 3 3
TS CO O O
0] Q o m ij - - -t_t
OOJlnrHtM in.HOJinrH
o 8 X C
o
(- (, a
01 01
[ 0} (d
c Fh o a
^ 0.-0 a
■O 01 01
o >>+^ +^
£■" -^
M Fh O
>j t^ 0>
rH O > M
a) a 3 O
a 3 O -rH
•H c a: *j
o as
C J2 V
•H O ■ -H
fe 5 ^ J
t- to
9-3 01
-c -a js
0 D) o
H J3 G
> .-I -Q
H -H .a d
cum
0 o> -H m
Fh F< tJ
■O P. a) C
01 01 > 01
3 Td e
j= x; ff ^
■H
Fi
d
&
>!
s
t;
■s
^
01
m
rn
•-
£
^S
^
s
BASIC TABLES
ACTIVE PARTNERSHIPS
Page
9. Number of partnerships, business receipts, depreciation, in-
ventory, gross profit, net profit, gross loss, and net loss,
by industrial group 44
10. Number of partnerships, total receipts, business receipts,
gross profit, net profit, and inventory, by selected indus-
tries and size of business receipts 46
11. Number of partnerships, total receipts, business receipts,
gross profit, net profit, net loss, and inventory, by
selected industries and size of net profit or net loss 54
12. Income statement items, by selected industries 58
13. Income statement items, by size of business receipts 64
14. Balance sheet Eind income statement items, by selected in-
dustries 65
15. Balance sheet and income statement items, by size of total
assets .• 70
16. Balance sheet and income statement items for selected indus-
tries , by size of total assets 71
17. Number of partnerships and total receipts; percentage rela-
tionships of active partnerships with balance sheets to all
active partnerships, by selected industries 82
18. Inventory reporting pattern, by selected industries 83
19. Number of partnerships, receipts, cost of goods sold items,
gross profit, net profit, net loss, and deductions, by in-
dustrial division 84
20. Number of partnerships, total receipts, and net profit, by
selected industries and year of organization 85
21. Number of partnerships, total receipts, and net profit, by
selected industries and accounting period 88
22. Active partnerships with additional first year depreciation:
number of partnerships, total receipts, total deductions,
depreciation, and net profit, by selected industries 89
23. Number of partnerships, depreciation, and cost of related
assets, by selected industries and depreciation method 90
24. Number of partnerships., depreciation, and cost of related
assets, by industrial division, depreciation method and size
of business receipts 92
25. Number of partnerships, depreciation, and cost of related
assets, by industrial division, depreciation method and size
of net profit 96
43
654367 O - 62 ■
44
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
3 § S
a> p> o o4 CO
CO {^ « ^ i^ r
>rv <H o ■-« -^ r
(^ (^ ^ O \B C
rH CM %0
CM H <rt -^
Sn ift ■>* Nt «>
P- O ■«* « tn
r-t ^ %f (4 CO <0
O rt C'V -.t (Tt at r-l
t^ *0 P- ■-« «> ft) C*
(M fM ^ .D CO O <^
■H r-t -^ ^0 rH
M to --I (t r
> r\ ^o o r
3 if^ CO r-i <
O C^ >j r
CQ n i
CO a i ,
sO cy St
(n No
oj r,j \0 -«f
'O CO
3^
g§^
su la
CM lA t^
O^ CM C\i
•H t^ O
P- iSi <-* o* o> oj
O CO CO O CM O
2aa
f. to -J
rH CM M CO O
O* ■*! "O O* CO
in "H <^ -^ rt
■-I Q Hoot ff'::?^ ^ >oc
8000^ CnvO-H—lll
n(n<HO i-ltof^^'"
as-
32
■1 \0 lA >J O <n CM
CM c ^ «fl (X rn r
;ga»'
a- r^OCU CO r^ ->ttnrM mrHiA
3rnoH m <>t vD'O-JO-'Oco
(rir«j(> r-( iM >jtoc^ o^csim
ITl iH ITl -J-
xO O ^ 'l
CO O* « C^
M-to*'00>o irivon*^^ (^nir>c-
m -^ (J. fn c
00 CMCMtOOCM C^lAC
>c >o
n p^ CM
H CM CM <^ (A ^
1:
S 3 3^ S^ SS
o «n m tn -j^co
m «o CO '-t ■£> -^
So H f'
•-i C^ yr\
O CO >-» O
•T" ?^ ^ O^
O r^ Q lA
CO m -5
Q r- O »A c> c
o rH CM r-J oi e
ifc H to CM C
3 o n CM
lA* cTcT'o'
CO to fH O
<M O *0 "D OJ
CM lA lA rH fn
•n fn -J lA -sj
O -t lO lA e
-^ 0*CT.(>CO OCMIA CM r\OtCMfl
t^ lOP-eoiACo ncor-co\D >o
lA -^t^t^fni-i n -J-
>J- gCO^lr-lCM CO -*
CJ CM lA 'I- r^ *0 C
D5"* C'f-'OON ^tlArHpJ^
*-* ■& -*
(0 jH S •
^ Q \0 Q \J
JO lA -} '
a;
lA to O O >» >A
-^ iH (n rn C^ lA
c- lO o r- o* --I
eg C^O^Ofn C>JCO\0 fV \0 0\ --t (T- -^ iAIA'O'^'H CVO«IAOC^ O
CO >-IOtCOC\i 0>iArH vO »iAu-iiACM CO>OCO0O\O AlOf^rHi-l -*
>A OCMO^-D f^'4'tO lA fMCO'-''-<C-- vO<^CM»3>0 CJ>C^tOOCM lA
n CM
rj lA
3 C^ lA
W -*
3 O ■-(
CO >t
a 5
nH to «0 kA l-H
c~- ^ iH n t^
\0 <A iH
O C^ O^eoco*^ COOCO C- --fiAOOtry -.IO(^0^0 OC-^OrH lA
CM CM sOvO>A>f OOC^ O ^C0>vJOJ->t (><n'-lcp(N Oi-t>OC0>A CD
\0 t^ >-4.-(^CViAC00^CM^-^A^OCMCM -t "-t "*^
o >v I
•o -i o
■^ *0 CO
CO CM ^o
3 33
1-4 a\
S r- O -Nt >A O
^ lA o CM a> -H
n v£) "O rj
aCTi *0 O (^ ■»(
m CM o* p- M
>H ■-( O <A lA c^
r-t P- P'lHnxO CMOtO -4 f^'-'OP-P- rHOi-t\0-J tO-4-OlA-«t o
CO o> vOt'Mm n^i-i f-s >p-»t->jrn'0 cviA'^onO cm(Acm^>a p*
t-- -4- lAxoo^o ^0'-^-* -o oto»ACT«p- eop-oo^ (n^f^oa> 'O
rj fn lA rn
r4 to ^ n-i
an o*o*p-o» "Hiao ■-< t*-ncMONO» >^o-*ro -.f-HiArneo co
_ CO n-*P-P- "OlACM O lAOAlOJt*- 0^>A-«t(»'-l 0^0 «00* CM
COO> i-i<AOCMCM(nCM(n rHn — * —tCM
000
rH n CO
lA CM CM
CO >o ^o n CM c
C^ C\l rH 0» •H C
lA H to rH >0 r
3^ CM O
to CO >o
CO <H lO P-
CM tn >t o o- c
O CO H O \0 r-l
1A to (A tA CO vO
O »0 lAi-fC^O* \OlA>-(
to CM 0>1'P-'H rHOsr-
tOOCOO-vO Cyp-tO\OiA
?!Q S
H CM ^ n CO
CM 'O <t\ \0 >t "^
n to CMCMn^A -^OO* O to><oniAOt
« O* rH iD MJ -J rS J r^ ^
^ -* fn CM CO
i 3?
O vD >
O* CM -.
fis
O «0 O -rf lA
a»o o cB o
^f P- O* rH
3 CM C
Ov ^ "O CT» C
-^■n^COP- >4-O\0C
nniA'-l'n -^CMvOC
tn*DO*OtO AJrH>OC
•o c '^ r- CM o*
CO in CM \0 CO 5*
lA 0» lA ^ O* ff>
3 sa
lA 0* \0
r-t CO O
t^ CM -H
U-i 1> >f
Ct'cvT
S E:
lA CM sD>AiAC\J Ovtn<7' O OO
c^ o onoc^ ravDCM o c^*j
>*■ > tn r\ CO lA n (n o* c^ rH c
O»C0O COtOOntn -OtpOsOCi CM
(ncoto np-iAC^\o >-H-^fn[^.o f
tncM-O .-J^tOCM CMiA<-l>-tiA O
o u
SCO
B a o
n to
CO p- i~^ 5v
-3 <^ o -^
CO P^
>t o c
-^ lA \l
CM ^ O^ (^
lA c^ 1^ -o
CO ■-(
35S
lA «A vO
P- lA O CO CO lA lA
"H O 0« n to CO --f
O O 0» CO CM CO <n
S'^a
CM CM -o a* >r o* '
to -^ CM CM P- O
lA to -J-
r\ r- (^
5a
lA
vo ^' g%' pH"
lA O CM AJ
n CM H
0<H'-t ^ Ov^CMOCM
OCMIA Xj AJrtJtO'-'O fij S ^^55> \DiAd'' [^ CO'^P^io>l- c^hcmJ^
CM vO *£) CM ^
<-< a* CO >£> o
P- ^ r-t CM ^
1 P- \0 ^
n 0
:fa;
H n CM p- \o o p-
u o 8 «
~i '~1 ^ '^ '^JJ' ""^ n*?^ "St '^ ^Qc-- iH^to -J- r^oNiA a« Oto--Jco5v lO n CM■flCMr^ ocmo eo >ico'-iiAtM r-coo*sOr^ o^cmc7>iacm
"9 its S "^ t: ^ d :J °i '^ S^ IT! ° ■"• 0* « JA r^ M3 (Vj kA CM CM to -} to O CM n -O 0 CM CO >I >t CO CM i H -^f O P- ^ fM cn tp H Al tO P- CM lA
•J rH n n tA P- oj r-J (T. ^ lA O CM ^ CM n O to en cm cm iA O ^J■ ia cm iA M3 to to ^ •r, f-* <-* lA CM 3 P- O* > «*» P- W^ oJ CM lA (M rH o S o <n r-l
>A icC
>A n
o to ->
CM to V
^J■ lA C
M CMCMsfvD ^-^00 m
ncO-*vO(M a^^ i-i <r\ <-! lAIA-4-CMfn P- «m
■ArHHfHCM'H^rH'-t f-l tnCM O
n on
0* lA -^
n -* c^
SvO o
p- n
n lA p-
8^ I£J S'iffi n *? rjlAcn ■NfCMO CO >ttMlA O O^CM-OrHiH CM >f t^tOO**© OAJCM O* tOrHCMCOfM CO-*AtnrH O>C-C0lAr-H »
h^;< ^ SiSS? 'J ■"! G'5'fi ^HC^ *"• :i^9 ^ >f»A;^iAn \0 C P-0>iAiA P-HCM CT* P-tqCT«H>t COiAOvO^O u-iOiA<-JtO \0
r-o f-t totoc^ vf) rH 0-*\0 p-r-Jp- lO mno i> r-<n^coco to p- \dp-Oia nno O 'HH(^co-^ »Ar-).-(-}n oinp-cMCM ff.
CO CM P- P-
CO P- to Ai
P- CM On »A
C- -O fM lO lA lA
•H <n CM O H n
O O CM (A CM cj
n p- 1^
-■*O0V lA "O '^'i"*0 r-IO>f CO MJlAlAOP- P-CMr-tAl\0 vOP-^O^n -H -3
D (M i-t «> >A n n «> \D ^ ^D -5 to T\ rA -J -^ ^ n V O- >* CM t\ A S r- CM 3
aO lA
n CO
P- lA r-(
-h" .h'o"'
a 3-"
■H t> CM
O -.f <A
n ^ 00
S S*!!^ *5 S C^'~! ff'"!'^ c^ c^-^tp* c^ o*p-cp-<'f cm \0 to-nniA \0P-'O o '-l>i>:>-n(^ vorHnotO <-t-*o>A>A >o
3S;3'7 ^S 9"0':;^'2'^'" >A2;mcm cMtoxoO-Hrt cMiAcgso^n25r^3c*vO-HifrJ!A>AOt«-^'HtM'--t'5ncMiAS
rH «ACM^ to to n^-4- \0 O^ <T^ «* C0<A<4' *0 ■^f■-^lAtO'-l to ^ CMOCM'D .-^CM(^ r-( CM^rCMvJ-p- rM'-HiAtOiH n^O-^CM -H
■< n CM CM ^ >A H
" ?5
m
s
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
45
>r
Q
o
(n t- >*
04
a
ITX 0 ^
ox ^
c-
^
xO
^
r-l r--
*9
0 OttJ
lo c^
^
xO
0
a
2
m to -vt rH
a
xo o Ox .-• ni ni
£) ox iH
Ox CM 2
■-J c^ m CM
CM CM CM xO
CM
01
C\t O C\J c
tn CM o f^ c^ p^
Ox --t >t
I> Ox >
0 m to to
OX
Is
•2
--f
3
S"5S
8
a
O -JJ rH nH
l-^ 1-
^^Pj
P- rH m
CM in
:i'
o
£
s
■o
1 -^J u^ C^
lO
5^^ '^ '
S^S
m M xc
1)11
■ 1 jn-H
3
p.
«
\I\
>f
fi nj
to
|l j
5
i
c
3
o «o ^o cr
-^ o --t o
tn
c
xO
vO — 1 ox CM -J O
m CM iH ri -J -^
n o p- p- <i to
ssa
':i C< "■
xD CM r-l
P- CM XO Ox
rH r-i rH to
p^ns
CO
c
3
gS 5
•
a
U1 P- A IT,
r-
p^ CM m
,0 ^ [^
U> CM 0 ^
XO P- y? rH
'^^
o
1
Dl.
Eg 1
03 P. (S
i
§
f-
s'asa
-j
i
rH'nNr>rp-*''-H*
S-?5
CM CM
CM*" Ox" cm" CM
to*
s
m
c- ^ o tc
^
%
ox Ox m to U-\ -J-
CM t^ m
sss
to C-- 0 rH
xO >!■ m 0
CM
N
3
Ox r^ -* oi n m
P- Ox P-
xO CM nj r-
C^ m m vf
rH Ox >r -J^
CM
o
fi
ir»
o
to
>j to CM -nT --t <n
CM -J- sf
tO CM xO
P-
■J
<
;i!
f^ CM
m-oT ^•'
f^" (m" cm^^^T
'^
cm"
H
CO
J ^
M
o\
>t
H (^ O r-4
f
CT«
P^^S:^^;^
0 rH ox
t^ m CM
CM in 0 c-
CM to rH CM
,_,
rvj
-J- to in o^
P-
to rH vD
H rH CM
Ox 0 CM XO
•xj -4- m m
3
^ c
:
-^
-<
c^
CJ O OJ CT*
ti
rH CM -H P- ^ ox
Ox CM xO
xO xO 0
rH p- P- p-
CM ni xD ox
^1 !
o
CO
to
n to U^*"CM
P^
^■'3'33'S''''
arox^o^
-sTin'c^
CM xO S
P^o'rH'sl
cm'p^-j'ox
Ox xO xiS rH
c^ rH nj
■S
i
^
^ "^
rvi o Ox -.J
tn oj \o ■-•
r? ■**
a-'a
OX rH CM in
to in rM
in
cn
3
o^
O
c- m m -*
C--
3
rH \0 P- P^ vn xD
.H ^ rH S <n ^
•0 rH P- ox en -J
ox to .H
jx --r p-
m (M ni 0
se;8S!
CM xO 0 P-
CM
+j
7
s
f
ov (M <?• m
t^ in -vr f^
3
-i 0 -xf
(M f- m
^A".
O- CM CM rH
tT' m -^ 0
S
H
(0 Cm
K
-^
c
?~P~S~B
in"
g-s-ssYs
vrTvo ox
\t\u\y£
(M (M 3 C
P^uCirCc
P^
2 £
CJ>
\0
vO
m xD to
sas
c^ >t (^ m
a
1
■"'
in
O -St > ru
O ry
C^ r\ rH .-1
^ (M
xD to C-
yo u\\D
t>
iH*
r-T
Q
+-■
J
1
&^ 1
Oi
\0
--1- ^ C-- xO ox tt
(^ r5 nj to c^ c
CM en ox
>t to (M
sa3£
CM 0 ^ m
p,
o
■J
8
xO CM CM
iQ oj cr
XO ox p- en
p^
n p- xD
to m CM
to xO to m
C/3
p.
mo 0
U3
q
1-'
«
«
aiqaoTldda I-ON
§
in
xo'to^- cn'cM
a" s
ss-'
^T^ en
H
3
c
3
^
i
1
^
to
H§l
W to S 0 rH --
n 0 (M
(M P- xO
t;>og
S83R1
S3S5
CM
OX
o
a.
go S
2
o
vl
s
m 0 p- -H (M >i
xO xO o«
o\ to ^
OX in <D^-.j
CM n to c
CM
H
2
P. 0) 1
«
P;^
N]
■^
toto -?>t
n
5"
tn* O* rH -j" xO* r-
^--^'s
S'"^
s^f^a
0-C~-Cf-r^
XO
O
1
a £
i
Qh.
O
vC
in i-i r- -H
3
o
P~ xO rH to CM 0
KSS
0 CM CM
sssa
m Ox to 0
CM
a
nj >o c- vo
to
rH in rH CM ^ to
r~ r-J C^ CM lA xX
%t C^ C\
to CM m
to rH in m
a
H
ss. 1
E
c- m ox in
>f to m
CM m to m
c^ to >j p~-
z
•Os 1
«
n
c
O JO to CM
* p-
' en"
xiTcM^in tf^'xo*^-
i> xiTo
* of «£) C
\0'(M*'o?N
0 m \D«
-^to ifCf-
ci m 0 xo
r-T
\0
n
vO
ry
:J
SS'^SS)-*
sas
?5
Ik I
5
>
■<t
Sni^f
t^ to [>
Tj
(^
i-T i-T
«r
rH"
^"^
rH"
g
«
CT*
p- ^ to m
t-
^
^s^is^
p^5^
m en rH
Nf lA xD (M
p- p- to to
CM
3
SStJg
3
xO
sss
U-, CM CM 0>
>* in CM ox
-xt
Ori
o u
(M rH CM
■4- Ox 0 S
ox in p- p-
CO
CO
s
5
r-
3
■" t-Try^oTM
■ s
■o-
^-o'^-O-cn-CM
CM-^-r-
■ mTcj^co
xO'p^rH*'p-
^ 2"vCp-"rH
to
CJ
^
J
iT
&§ 1
t>
CM
ox r-i p- o\ c^ >-i
ox CM P-
t^ Sf vC
ox xi p-
gS3S
CM xD nj tM
CJx
C--
(M m P-
\o rH o« n
3_
o
■(->
■
xC
-1-
00 D- 0
rH P-«
to -xT CO 0
U3
g
g
P.
1
^
aiaBSTIiidB ION
' P^
BTo^rH -/"fx
'' -S x(
* oT-.r'xD
•r, nj
cj'rH'rx
CM
►H
-.% !
to
tc
P- CM 3 cS CM 2
in 0 rH
rH rM ni xc
Ox xO p- m
0
c-
f\
o p- to tc
S
n
rxj CM tl
in m c
xO Ox XO 0
sssa
CM
2
s
■
O'
(jv (M to C-
o
P- 0 XT
c^ cxj >f
c- to 0 oc
to
M
(1<
3
-a
9
Fl
1
tn
3
0^ ox vD P-
■ g-
3s''^"-*"a-"'
■ s'^'-s
■" o^xjin
CM NT
- c^^(^^rx^p.
- <5-o?o-^
' 0^
r>j
P-
in fn o c-
p-
spsssa
rH to (M
CM rH P-
C- ni (M CM
N m CM ^
sriss
in
0) p. g
n
•c
•O sO vD r-
to m
■H (M P*
^^^
0
g
5
•
o
CM o m o-
p;
p-
xO to CM CM CM C
m (M r-
to p- ox ^
xO XO 0 --
c -H 5
m
t>
' s¥^j
0^
p^ xo" cj" 1-7 p^ c
cTto-i
^ rH'in -£
" oC'o^'o'o^ C-- XO ON P-
" «C
3
>J
2
o-
tf\
a^s>°s;«'"
-* xO p- xo 0 -4
vt m C^ r-
CM rH 0 xl
vO
to
P.
-H
Is d
i
^
pirH In
C^ (M «n
P- CO to t> C^ P'
u
1
(^
c
Nt O to r-
to m
0 -* rH ox p- c^
^5?
0 CM Q
CM nj XO -J
CM rH CM tc
lA
s
'S ,'
r
vO rt ON O* (!■
fl. to
335?:ss
>0 H C\
CMC--iO CMrHOxCO
xO
s
5
°s«
cr
tO O rH O s
o
ox c^ m NT xo «r
CM rH 0 .-
H m rH CM
CO
CO
s
5
«
- ^" -''n'^a % n
tnc^^'-T-st'cx
CM "-1 H
irrrH"-^ oTcTn,
C^ttTi-H to" 0 xO to CM
" "^
CO
i ■
£
1
i
P
X
<d
iH
0) U)
1
o
P.
■&S
•H
It
i
1
1
ll>
1-1
^-ii
:i
E
(
■H 0 0
U (0
b.
U
§|l
CO
0 c
a>
o
o
1
fo
01
,8
to
£
V
t
(
a
<
5
O
1
r
t
It
2
•3
^
"i
M-
T3
t
J^S
S|
0 0 0> &
■H OJ +J t
°a
6
1
Fh
s
T
m 3 0 +j
esss
■38
1
Fh
a
i
V
1
o.
■" 5 1
^
M
i
■H C "^ §
to fJ
h ^
a
CT>
3
*i
%
g
m"
g"ll"J
S3
" "-nf
3
s
W
5
■
J
•°
fe
<
^
<
t.
■H
SgS;
85
g
>>
J4
1
+J
1
1
<
+J
s
i
"Ll^Vi
'i
ss;
■H «
J
?
^
i
o
. -a 3 a) w K
1
•^lll
1
-. (
1
c
A
(D 5 -P J3 0)
s i " a .s ■:
C -^JS -a OJ tr
CO
OJ -fJ
1
1
t
V
1
111^
«
■H
3!
^
■a
s.
I
t
'it'.
1 -H £
^^1
°^V-4
V a as a.
C
5
1
1
s
,.J
5
© to ^ 5 w t
•g 0 OT
S n 10 E
■rH M -s-r
ESSE
M
3
J3
>» 0) t* +J -1-
to tJ
■H m ■r'
0) f^ -H a
■P O G W t-
m Fh t-
■J3 +■
■3||s
CO 0) -g tf
f~l
ai (U Q
n-31
■all t
0
I
3 1 g "j j
<
3
^11
:gSSl
fH
1
t
cS^ass
1
jg
S.
^
5,S^
^
1
E
tf
S
46
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
ACTIVE PARTNERSHIPS
Table 10.— NUMBER OF PARTNERSHIPS, TOTAL RECEIPTS, BUSINESS RECEIPTS, GROSS PROFIT, NET PROFIT, AND INVENTORY, BY SELECTED INDUSTRIES
AND SIZE OF BUSINESS RECEIPTS
Industry and size of business
receipts^
Partnerships with and without net profit
Number of
partner-
ships
Total
receipts
fTllauaand
dettmr»)
Business
receipts
(Thautnd
Gross profit
(less loss)
f TYkiuaand
dollaru)
Net profit
(less loss)
(ThmiBMrtd
dottart)
Inventory;
end-of-
year
(Thauuand
dottmra)
Partnerships with net profit
Number of
partner.
ships
Total
receipts
Business
receipts
(Thoummnd
dottmrt)
Gross profit
(less loss)
(Thaua^nd
dotUrm)
Net
profit
(Thousand
dotlmrw)
inventory,
end-of~
year
flfrauMMf
AU. INDUSTRIES
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$XI,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
ACRICmXURE, FORESTRY, AND FISHHIIES
Total
Under $10, OOO
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
Farms
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
MINING
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
Crude Petroleum and Natural Gas
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
CONSTRUCTION
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
(1)
(2)
(3)
M
(5)
(6)
(7)
(8)
(9)
(10)
(11)
949,396
78,406,071
77,044,643
29,884,276
8,844,708
5,756,623
759,172
71,006,298
69,828,273
27,234,253
9,720,805
290,298
133,699
88,691
111,191
135,202
92,126
56,286
12,764
7,409
615
21, U5
1,236,828
1,983,286
2,226,183
4,401,186
9,723,345
12,948,000
17,175,046
8,840,646
13,685,551
6,U8,714
37,286
1,129,505
1,920,262
2,160,702
4,305,749
9,559,691
12,782,825
16,955,851
8,717,648
13,505,730
6,008,680
931,609
1,440,904
1,449,374
2,571,930
4,930,807
5,516,928
6,018,286
2,380,081
3,162,661
1,481,696
185,892
470,246
481,540
887,176
1,683,960
1,820,613
1,682,891
617,425
761,914
328, 556
'75,505
78,390
113,133
136,813
317,425
745,941
1,083,361
1,455,679
678,396
842,882
295,725
8,878
197,944
U0,322
74,829
96,852
121,580
84,119
51,628
U,7U
6,850
578
2,759
934, 577
1,642,792
1,876,2U
3,837,764
8,753,790
11,821,120
15,733,715
8,106,684
12,596,755
5,672,269
30,621
846, 557
1,539,067
1,318,353
3,754,549
8,613,236
11,682,454
15,542,070
7,995,903
12,439,526
5,546,558
735,220
1,236,759
1,260,879
2,294,963
4,527,917
5,087,422
5,541,076
2,209,994
2,967,744
1,422,279
373,712
547,942
538,880
954,228
1,785,347
1,901,857
1,773,051
656,227
815,231
359,380
14,950
141,715
4,412,813
4,307,393
3,077,579
589,441
283,719
107,350
3,637,415
3,543,103
2,575,883
750,842
61,0U
27,453
14,802
12,877
11,304
5,020
2,441
411
160
131,530
288,149
411,736
371,550
507,185
796,703
694,572
722,064
285,527
276,700
49,687
8,885
3,672,798
264, 329
397,864
363,217
497,848
780,192
684,465
7U,655
281,332
274,047
49,444
248,968
368,054
319,526
416,958
614,768
481,922
429,606
117,853
75,413
4,511
55,010
94,965
77,514
39,155
131,604
78,018
52,703
11,082
6,724
848
'8,182
522,506
10,212
16,935
12,356
27,133
59,049
56,517
43,278
25,886
26,231
3,220
2,902
243,657
43,407
23,110
12,442
10,759
9,572
3,990
2,009
339
130
5
1,587
99,956
226,472
347,035
311,073
423,340
672,484
560,724
598,899
234,170
216,440
39,111
7,662
3,019,349
205,712
334,693
303,928
415,597
658,458
552,534
592,959
231,229
214,075
33,863
2,936,718
198,798
315,171
270,929
353,855
523,162
387,319
359,091
99,664
65,056
2,333
2,323,083
97,993
114,089
90,737
108,345
152,270
93,213
63,305
15,755
3,922
972
5,241
665,646
57,844
26,205
13,788
U,684
9,828
4,070
1,794
266
100
6
5,945
274,877
393,181
345,746
458,185
687,198
564,660
529,398
187,378
179,787
43,764
3,624
251,220
379,928
337,633
449, 384
672,723
556,956
523,523
183,682
177,780
43,621
233, 360
354,267
302,283
383,186
538,807
416, 533
375,536
101,185
63,435
4,235
54,439
93,497
73,343
30,866
106,064
64,082
45,511
7,718
3,832
779
'7,625
9,779
15,569
11,611
26,508
57,393
49,364
37,990
20,004
15,635
1,327
2,472
41,443
22,158
U,666
9,809
8,230
3,258
1,465
213
73
4
1,582
217,490
332,802
291,237
384,004
576,623
460,361
435,114
148,461
132,103
33,183
7,461
196,793
321,073
284,227
376,783
564,394
453,535
4X,467
1A5,974
130,372
33,045
190,308
304,184
257,192
325,516
456,626
335,305
312,883
84,446
54,061
2,062
94,167
110,032
86,074
95,982
125,423
76,221
53,680
12,104
5,820
903
5,240
13,301
9S6,d37
955,740
494,237
25,719
28,936
7,921
733,595
711,898
391,908
113,083
5,447
1,806
724
1,133
1,244
766
730
179
U9
9
3,449
22,000
27,301
20,030
43,694
93,460
116,849
223, 519
123,553
213,346
98,077
546,745
18,571
26,609
17,873
42,517
90, 356
1U,624
221,964
120,308
208,539
96, 329
520,700
9,753
18,500
11,239
28,617
58,132
76,795
113,030
52,739
86,248
39, 184
272,462
'12,987
923
2,349
3,619
3,513
12,008
14,637
7,476
12,974
1,654
'20,452
'9,273
2,710
314
1,082
230
2,417
809
4,497
2,251
5,603
8,811
212
17,796
3,069
1,266
559
718
869
634
568
144
89
5
4,573
14,261
18,957
15,195
28,831
65,220
97,817
176,924
98,848
157,558
59,984
368,940
11,273
18,643
13,698
27,338
62,870
94,961
171,695
96,224
155,689
59,007
350,134
4,038
1,172
348
618
454
391
459
87
69
15,915
17,647
10,292
24,154
35,042
62,404
146, 502
60,627
128,^18
45,744
12,699
17,296
8,524
23,140
32,797
59,359
140,575
57,982
124,295
44,033
5,345
11,513
5,436
13,887
19,493
40,031
71,654
26,154
56,623
22, 326
'12,980
'860
470
1,015
1,302
3,601
7,881
3,298
6,278
'1,533
'17,695
2,689
42
1,082
230
1,758
713
3,094
1,123
3,970
2,883
212
2,180
731
263
381
297
279
333
63
9,534
10,973
7,755
15,592
23,563
45,876
107,348
43,667
30,318
23,314
6,703
10,372
6,258
14,676
21,905
43,200
102,666
41,553
79,427
22,874
9,075
14,753
9,677
19,353
46,534
65,063
91,802
45,709
63,884
21,053
198,792
5,528
3,538
4,588
9,105
16,268
3,931
4,975
4,224
7,675
10,571
17, 571
24,941
10,594
21,222
7,379
64,544
29,091
54,048
20,775
41,287
9,564
2,389
2,911
2,184
4,651
4,267
8,895
16,069
5,595
14,312
3,271
67,130
7,874,934
7,788,U5
2,228,164
712,840
356,507
57,481
6,772,682
803,038
U,523
10,489
7,720
10,130
10,937
7,863
5,544
1,239
793
96
796
61,808
157,103
193,496
398,904
772,023
1,099,734
1,684,276
356,133
1,539,545
1,104,928
6,984
60, 8U
156,125
191,284
393,711
766,630
1,086,625
1,668,336
848,075
1,528,530
1,087,958
41, 9U
97,758
104,254
199,499
339,486
406,270
480,417
171,045
237,037
150,487
18,472
46,156
46,564
73,560
117,297
122,001
136,632
50,071
70,321
32,919
'6,153
3,309
5,323
8,277
18,807
34,434
67,535
91,246
49,415
42,829
31,225
4,107
8,939
8,822
6,567
9,019
10,100
7,061
4,988
1,U8
675
SO
112
51,042
U2,532
164,678
3X,513
714, 838
974,641
1,514,141
772, 314
1,285,524
803,780
4,679
50,124
131,942
162,777
349,532
709,801
965,869
1,499,930
764,839
1,275,982
799,564
37,100
36,393
92,360
180,737
320,799
365,092
440,492
159,685
216,804
131,929
22,949
49,410
48,367
82,871
122,535
130,905
145,425
55,932
85,265
55,817
3,062
(12)
5,078,757
36,521
75,626
105,162
259,989
645,360
974,101
1,315,968
610,752
774,885
278,007
1,885
209,467
2,986
9,965
9,180
17,930
44,841
41,924
39,172
19,200
19,602
2,9U
1,756
178,664-
2,896
9,150
8,560
17,353
43,516
36,913
30,373
14,332
12,297
1,518
1,756
16,488
13
309
1,016
8p
2,159
459
3,512
1,477
2,463
4,995
7,642
10
42
1,016
85
1,758
353
2,253
688
1,277
150
312,001
1,115
3,602
4,417
17,317
28,551
55,258
85,930
44,687
39,999
31,023
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
47
ACTIVE PARTNERSHIPS
Table 10.— NUMBER OF PARTNERSHIPS,
TOTAL RECEIPTS, BUSINESS RECEIPTS, GROSS PROFIT, NET PROFIT,
AND SIZE OF BUSINESS RECEIPTS— Continued
AND INVENTORY, BY SELECTED INDUSTRIES
Industry and size of business
receipts
Partnerships with and without net profit
Number of
partner-
ships
Total
receipts
(Thousand
doltmra)
Business
receipts
(Thaaamnd
doIUrw)
Gross profit
(less loss)
(Thousand
doIUri)
Net profit
(less loss.
(Thousand
dottara)
Inventory
end-of-
(Theuaand
dollara)
Partnerships with net profit
Number of
partner-
ships
Total
receipts
(Thotiaand
dotiara)
Business
receipts
(Thotiaand
doltara)
Gross profit
(less loss)
(Thouaand
dollarmj
Net
profit
(Thouaand
dollar*)
Inventory,
end-of-
year
(Thouaand
dettarm)
CONSTRUCTION— Continued
General Contractors
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
Special Trade Contractors
Total
Under $10,000
$10,000 under *20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
MANUFAOTDHING
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
Food and Kindred Products,
Including Beverages
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
Apparel and Other Finished Products
Made From Fabrics and Sijnilar
Materials
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Ra^plntR not reported
Lumber and Wood Products, Except
Furniture
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
(1)
(2)
(3)
M
(5)
(6)
(7)
(8)
(9)
(10)
(11)
19,508
4,334,987
4,272,882
921,353
270,931
2CH,535
15,971
3,611,216
838,576
2,208
2,207
1,989
2,315
3,592
2,697
2,531
744
587
66
552
41,211
11,350
33,929
50,400
92,368
261,538
386,286
786,628
519,917
1,131,356
1,006,897
4,318
3,008,113
10,899
33,606
49,715
89,947
259,201
377,183
775,888
513,589
1,172,320
990,534
337,810
5,762
18,394
24,475
42,269
94,873
131,316
200,017
96,184
170,576
137,487
1,140,141
775
7,505
10,720
14,052
33,868
42,767
59,487
29,241
48,861
30,876
^7,222
391,192
1,136
1,703
2,508
8,619
U,660
29,704
49,105
33,530
29,965
29,498
4,107
129,978
1,455
1,732
1,666
1,937
3.249
2,394
2,226
662
490
73
36, OU
7,915
26,946
41,776
77,434
237,692
338,083
690,813
461,926
972,207
753,992
(=)
2,747,428
7,578
26,651
41,166
75,212
235,598
333,250
681,505
456,098
964,505
749,927
2,728,426
5,443
15,420
21,398
35,334
89,917
119,703
179,764
87,505
157,223
126,871
1,047,142
3,350
8,513
11,468
16,375
35,454
47,111
66,123
32,958
61,879
52,849
406,171
8,058
7,288
4,959
6,750
6,359
4,399
2,648
446
175
4
( = )
42,817
103,908
123,094
265,203
441,992
601,157
790,077
300,993
300,338
30,634
2,350
42,479
108,256
122,379
262,650
439,135
593,767
785,292
299,388
298,984
M,534
30,427
69,701
68,458
136,529
213,196
239,851
250,343
70,694
57,858
2,584
14,830
34,956
31,915
56,453
72,508
70,550
67,935
20,632
18,979
1,243
(=■)
2,026
3,457
5,671
9,662
19,261
24,908
36,716
14,194
12,356
1,727
6,430
6,254
4,188
6,078
5,963
4,044
2,450
417
158
4
(')
36,078
93,231
104, 3U
233,115
416,738
547,423
730,612
283,096
264,888
30,684
35,799
92,936
103,832
235,575
413,944
545,033
726,084
281,543
263,146
30,534
26,527
62,098
60,247
125,855
201,203
216,737
233,427
67,635
50,829
2,584
16,438
36,941
33,263
58,306
74,091
73,306
69,600
21,570
20,081
1,243
47,869
7,702,613
2,367,259
649,693
631,549
38,681
7,037,923
6,991,837
699,945
8,902
5,426
4,156
5,744
7,732
6,637
5,319
1,360
1,178
74
341
6,300
41,169
31,927
105,422
225,767
560,714
942,606
1,693,049
1,305,079
2,155,587
642,957
1,421
37,759
80,477
103,310
225,337
553,263
937,967
1,680,701
1,294,902
2,143,013
640,829
1,998,118
22,310
51,319
58,129
120,766
246,951
348,743
564,826
350,367
486,066
117,777
490,994
3,935
18,424
21,013
43,433
72,731
104,032
156,020
39,160
U4,322
27,190
2567
8,494
5,802
7,185
15,053
40,576
66,222
125,914
1(»,927
196,253
55,793
215
5,429
4,396
3,399
4,972
6,737
6,033
4,798
1,678
1,039
71
5,577
29,980
67,251
36,293
195,166
490,674
858,574
1,526,945
1,170,610
1,994,741
616,943
(3)
1,779, lU
27,416
65,828
84,477
194,102
488,686
354,700
1,516,265
1,161,627
1,983,747
615,039
1,770,720
17,971
44,357
51,157
107,061
227,979
324,740
524,500
324,332
460,641
115,814
444,516
9,588
21,770
22,963
45,725
81,775
109,550
163,823
95,727
120,884
27,594
110,878
594
435
480
573
1,258
1,410
ljl52
472
318
33
3,353
6,593
12,138
22,293
90,292
204,259
373,238
335,262
544,375
315,315
1,020,601
2,946
5,525
11,977
22,035
39,847
203,132
371,226
333,531
541,911
314,987
1,674
3,663
4,350
9,345
31,274
70,619
103,540
34,251
137,393
39,335
489
854
1,176
2,004
8,947
15,448
23,955
15,676
25,139
9,106
493
601
463
1,534
3,939
12,118
20,405
13,922
34,363
11,413
395
356
336
435
1,109
1,212
1,010
407
286
31
2,412
5,497
8,524
16,397
79 ,519
176,737
327,449
283,547
582,971
295,908
952,554
2,057
5,429
3,413
16,203
79,079
175,764
325,647
282,129
580,408
295,536
949,369
1,290
3,328
3,955
6,635
29,137
62,533
98,530
73,434
126,848
33,725
525
1,308
1,555
2,413
9,504
17,100
25,616
16,663
25,922
9,171
436
455
598
732
244
213
13
(')
9,456
1,579
7,425
15,817
33,551
92,117
227, 325
174,053
375,972
91,146
1,048,350
1,354
7,395
16,756
33,382
91,636
227,178
173, 399
375,097
90,824
1,036,455
678
3,634
7,339
10,172
24,407
54,538
39,367
73,536
17, 381
350,938
2,790
2,339
6,720
15,545
9,592
16,224
4,677
(=)
73,859
514
433
1,598
4,548
5,839
22,298
17,401
42,145
10,883
86,332
357
376
539
672
221
207
13
7,593
7,385
13,522
27,267
83,657
206,988
156,785
365,794
91,146
879,605
7,177
13,565
26, 988
33,240
206, 378
156,230
364,967
90,824
871,271
6,685
9,230
22,912
51,207
36,569
71,818
17, 381
311,590
3,246
3,833
7,141
16,346
10,157
16,660
4,577
87,178
2,364
1,453
880
1,345
1,192
935
691
265
156
6
12,510
22,272
21,961
52,310
86,589
123,789
228,641
184,142
273,753
42,169
(')
10,735
21,507
21,919
51,954
35,049
123,496
226,424
182,057
270,430
41,883
7,525
14,044
14,557
30,474
39,294
52,085
91,110
44,767
49,939
7,042
1,376
5,262
4,494
9,361
7,518
10,577
16,545
8,419
7,820
2,237
I')
134
1,303
661
2,530
4,632
6,591
17,929
17,747
31,298
2,822
(^)
1,647
1,226
732
1,167
1,015
771
614
221
125
6
9,007
18,752
19,598
45,328
73,188
100,473
203,855
153,633
213,486
42,169
(')
8,386
17,995
19,557
45,101
72,904
100,237
202,015
151,999
211,144
41,333
5,151
12,523
13,476
27,370
36,244
43,790
83,023
39,208
42,753
7,042
3,409
5,943
4,664
9,655
8,767
12,576
18,380
10,503
10,779
2,237
(^)
(12)
183.009
9
1,237
1,783
7,6U
12,174
25,262
46,175
29,950
28,510
29,296
115,262
1,043
2,273
2,536
9,180
15,312
22,452
35,253
13,436
11,035
1,727
554,136
5,167
3,607
4,834
12,551
33,195
58,745
109,192
94,515
179,986
52,344
87,906
259
304
138
1,158
3,710
10,143
16,734
13,375
31,051
11,024
1,545
3,414
5,447
20,072
15,075
41,270
10,383
63,572
121
979
455
2,035
3,627
4,393
15,217
14,473
24,429
2,322
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
48
ACTIVE PARTNERSHIPS
Table 10 . — NUMB5R OF PARTNERSHIPS,
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
TOTAL RECEIPTS, BUSINESS RECEIPTS, GROSS PROFIT. NET PROFIT,
AND SIZE OF BUSINESS RECEIPTS— Continued
AND INVENTORY, BY SELECTED INDUSTRIES
Industry and elze of business
receipts
Partnerships with and without net profit
Number of
partner-
ships
Total
receipts
(Theufnd
Business
receipts
(Thautmnd
Gross profit
(less loss J
fThouMfld
dollmrwj
Net profit
(less loss
(ThauMnd
doll*r»)
Inventory,
end-of-
year
(Thoumand
dollmra)
Partnerships with net profit
Number of
partner-
ships
Total
receipts
f TTiouaand
dollMru)
Business
receipts
(Thoumand
Gross profit
[less loss)
(T}tou»mnd
Net profit
(ThouMtid
dottmrm)
Inventory,
end-of-
year
(ThoMmnd
do't'ft)
(12)
MANUFACTURING — Continued
Printing, Publishing, and Allied
Industries
(1)
(2)
C3)
M
(5)
(6)
(7)
(8)
(9)
(10)
(U)
Under $10, 000
!10, 000 under 420,000
20,000 under 130,000
30,000 under 150,000
50,000 under $100,000
ilOO, 000 under t200, 000
S200,000 under £500,000
$500,000 under $1,000,000
$1,000,000 under $5,000,000..
$5,000,000 or more
Receipts not reported
Machinery, Except Electrical and
Transportation Equipment
Total.
Under $10, 000
!10, 000 under $20, 000
20,000 under $30,000
30, 000 under S50, 000
50, 000 under $100, 000
,100, 000 under *200, 000
,200,000 under 1500,000
500,000 under $1,000,000
,1,000,000 under $5,000,000.
:, 5, 000, 000 or more
Receipts not reported
TRANSPORTATION, CCIMJNICATION, AUD
SANITARY SERVICES
Total.
Under $10, 000
!10, 000 under $20, 000
20,000 under i 130, 000
30, OOO under ; 150, 000
50, 000 under $100, 000
$100,000 under $200,000
,200,000 under 1500,000
; ,500, 000 under $1, 000, 000. . .
1,1,000,000 under $5,000,000.
i, 5, OOO, 000 or more
Receipts not reported
Motor Freight Transportation and
Warehousing
Total.
Under $10, 000
!10, 000 under $20, 000
20, OOO under 130, 000
30,000 under $50,000
50,000 under $100,000
M00,000 under $200,000
ii200,000 under $500,000
:,500,000 under $1,000,000...
; ,1, 000, 000 under $5, 000, 000.
i, 5, 000, 000 or more
Receipts not reported
VHOLESALE AMD RETAIL TRADE
Total
Under $10,000
510,000 under $20,000
20,000 under $30,000
30,000 under $50,000
50,000 under $100,000
,100,000 under $200,000
,200,000 under $500,000
1500,000 under $1,000,000...
,1,000,000 under $5,000,000.
,5, 000, 000 or more
Receipts not reported.
Wholesale Trade
Total.
Under $10,000
$10, 000 under $20, 000
$20, 000 under $30, 000
$30,000 under S50,000
$50,000 under $100,000
,100,000 under $200,000
,200,000 under $500,000
,500,000 under $1,000,000...
,1, OOO, 000 under $5, 000, 000.
,5,000,000 or more
Receipts not reported
6,639
509, 667
506,704
2A0,380
78, 143
25, 591
5,644
484,250
481, 193
225,730
81,154
1,286
1,014
717
1,129
1,330
575
383
87
37
2
4,697
5,340
15,276
17, 788
44,383
95, 509
84,092
109,886
60,447
62,602
14,194
(')
519,387
5,276
15,240
17,766
4^,204
95,122
83,965
109,409
59,270
62,273
14,179
513,844
3,080
10, 854
U,762
26,299
50,637
39, 062
47,683
23, 102
22,136
5,545
209,777
911
4,416
4,700
6,666
16,762
12,696
13,619
6,024
6,200
3,761
'54
74,891
1,119
624
1,052
1,555
4,164
3,666
5,362
3,028
4,480
533
(^)
44,990
772
915
638
991
1,270
555
362
83
36
2
3,996
4,246
13,742
15,674
39,012
91, 625
62,052
103,902
57, 803
61,763
14,194
(';
471,859
4,095
13,707
15,858
38,833
91,248
61,925
103,453
56,654
61,241
14,179
467,486
2,540
9,743
10,623
23,056
47, 710
36,575
44,545
22,070
21,323
5,545
197,809
1,441
4,593
4,762
9,033
16,978
12,812
K,014
7,063
6,676
3,761
(')
81,001
935
634
494
455
1,048
644
453
123
50
2
4,729
9,313
14, 430
17,949
73,394
86,714
136,270
85,209
77,336
12,043
4,462
9,287
12,884
17,922
73, 256
68, 351
134,157
84,791
76,944
11,770
2,792
6,633
7,313
10, 676
39,426
35,999
53,828
28, 502
22,343
2,465
545
2,195
4,096
4,347
12,464
14,302
18,777
10,469
7,739
16
(')
3,195
234
856
693
4,167
5,72A
10, 793
7,363
8,093
3,803
612
474
415
435
890
560
422
119
48
1
3,411
7,123
12,152
16,971
62,762
80, 019
126, 226
82,877
74,892
5,426
3,180
7,097
10,606
16,944
62,656
79,781
124,853
82,485
74, 503
5,381
2,076
5,262
6,554
10,290
36,285
34,185
52, 176
27,920
21,699
1,162
1,010
2,677
4,532
4,764
14,790
15,023
19,172
10,619
7,859
355
17, 623
1, 119, 613
1, 105, 980
628, 379
131,646
13,291
13,817
991,397
979,255
742, 501
145, 754
4,776
3,545
2,036
2,261
2,421
1,143
874
166
73
11,981
24, 757
51, 739
51, 674
89,466
169,134
170,430
265, 721
112,387
142, 965
41,126
214
783,062
22,636
51,012
50, 923
87,526
168,158
166,886
264,105
m,607
141, 808
41,109
773,203
21, 633
48,769
47,452
79,649
145,998
137,710
180, 353
72, 335
81,129
13,351
615,100
2,710
U,945
10, 215
18,616
26,009
18, 331
22,698
9,763
9,536
2,046
'425
89,637
630
164
56
236
377
4,220
3,665
1,599
2,024
120
10,327
2,976
2,933
1,800
1,925
2,118
1,025
776
155
67
3
9,635
17,518
43,308
45,409
76,334
147, 553
153, 763
237, 901
105, 097
133,444
30,877
(^
708,663
15,820
42,609
44,661
74,469
146,784
150,370
236,351
104,366
132, 963
30, 862
699,450
15,304
41, 338
41,222
67,722
130,473
123,691
164,677
66,574
76,291
12,809
554,464
6,227
13,690
10, 930
20,251
29,570
18,743
24,231
10,038
9,986
2,046
(')
96,866
2,634
2,314
1,583
1,667
1,669
925
656
126
43
14, 578
34,985
40,362
66,068
119, 628
141,435
193,979
65,973
85,800
214
13,609
34,425
39, 663
64,556
118, 691
138,168
193, 160
85, 357
85, 552
13,191
33,023
37,180
59,245
100,384
112,616
144,685
56, 310
56,266
1,993
8,014
7,210
13,905
17,413
14,006
15,616
6,095
5,324
2 139
759
92
45
131
214
4,121
2,613
1,222
930
1,746
1,960
1,424
1,390
1,465
846
606
117
40
(')
10,501
29,755
36,115
54,996
104,455
129,740
181,327
80,062
81, 519
(')
9,712
29,214
35, 396
53,541
103,725
126,496
180,584
79,509
81,273
9,449
28, 639
32, 945
48,652
90, 102
101, 599
133,253
53,083
56,742
3,592
8,903
7,805
14,969
18,720
14, 350
16, 780
6,352
5,355
( = )
303, 822
42, 073, 860
41,659,862
9, 243, 687
2,529,112
4,249,695
253, 244
38,646,313
38, 475, 953
6,619,949
2, 663, 290
36,054
29,405
26,596
44,943
66,567
52,599
33,526
7,668
4,365
333
1,746
50,456
165, 680
443,790
674,480
1, 795, 125
4,842,761
7,410,379
10,256,225
5,325,944
8,007,841
3,121,820
9,835
14,693,198
167, 398
435,902
663,155
1, 772, 380
4, 600, 275
7, 347, 797
10,153,455
5,272,313
7,938,737
3, 108,450
14,564,794
64,680
166,486
240,906
633,795
1,487,970
1,981,711
2,329,866
962,722
1, 122, 102
253,449
2,458,894
1,467
43,856
77,716
208, 526
460, 502
567,740
620,399
227,500
235,022
46,731
'367
700,551
41,836
75,148
90,426
235,521
573,874
857, 239
1, 136, 109
462,069
561,113
195, 797
743
20,264
21,876
21,477
36,451
59, 559
48,420
31,307
7,159
4,126
325
278
42, 017
117,002
332, 303
545, 058
1, 538, 695
4, 347, 159
6,825,468
9, 564, 708
4,964,040
7,554,233
3,051,491
8,136
103,615
326,020
534,860
1, 520, 164
4, 309, 021
6, 767, 796
9,471,724
4,914,329
7,489,997
3,038,427
13, 702, 947
49,932
136,440
207,639
566,890
1,368,643
1, 852, 378
2,206,4U
912, 195
1,071,235
247,986
2,327,551
26,584
59,156
88,212
225,734
505, 760
609,023
640,310
234,464
245,134
47,027
1,666
744,454
7,514
3,635
3,145
5,446
7,760
7,855
6,434
3,213
2,607
271
576
39,617
56, 192
80,610
219, 160
578,636
1,155,275
2,700,265
2, 258, 832
5,008,110
2, 592, 328
3,953
32, 286
53, 590
77, 814
212, 559
572, 245
1, 141, 372
2, 674, 779
2,240,282
4,974,726
2, 585, 141
16,367
27,619
40,261
113,290
228,594
308,635
600,373
369,723
586,646
167, 386
1,742
9,154
16,623
42, 757
78,600
106,640
175,765
100,637
136,003
36,177
'263
7,176
7,817
9,606
18,758
41,485
98,274
253,148
176,913
308,595
159,939
61
4,377
2,725
2,572
4,605
6,664
7,318
7,877
3,026
2,468
265
26,287
43,274
65,688
183,721
500,424
1,082,962
2, 517, 375
2,129,023
4,730,374
2,535,535
20,588
40,730
63,242
179,368
494,418
1,069,382
2,495,873
2, Ul, 754
4, 699, 006
2,526,586
12,540
23,110
36,456
100,847
206,042
294,738
572,510
354,964
561,259
165,085
6,394
12,010
18,323
44,768
85,301
109,372
163,306
103, 286
142,922
36,319
(')
23,241
263
598
967
1,392
3,792
3,666
4,734
2,862
4,434
533
36,632
2,789
181
783
669
3,024
5,034
8,273
7,149
7,962
748
U, 113
58
74
51
221
304
3,907
3,462
1,143
1,893
12
25
40
116
142
3,808
2,799
766
891
3,813,781
21, UO
49,958
71,029
194, 171
506,235
784,788
1,034,490
443,127
522,771
185,975
127
963,497
2,535
4,977
8,171
14,313
34,284
88,298
223,301
166,112
289,863
151,638
(')
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
ACTIVE PARTNERSHIPS
Table 10.— NUMBER OF PARTNERSHIPS, TOTAL RECEIPTS, BUSINESS RECEIPTS, GROSS PROFIT, NET PROFIT, AND INVENTORY, BY SELECTED INDUSTRIES
AND SIZE OF BUSINESS RECEIPTS— Continued
49
Industry and size of business
receipts
Partnerships with and without net profit
Number of
partner-
ships
Total
receipts
(Thouaattd
dollaru)
Business
receipts
(Thouaand
dot tar m)
Gross profit
(less loss)
f Thousand
do liar a)
Net profit
less loss)
(Thouaand
dollara)
Inventory,
end-of-
year
(Thouaand
dollara)
Partnerships with net profit
Number of
partner-
ships
Total
receipts
(Thouaand
dollara)
Business
receipts
(Thouaand
dollara)
Gross profit
(less loss)
(Thouaand
dollara)
Net profit
(Thouaand
dollara)
Inventory,
end -of -
year
(Thouaand
dollara)
WHOLESALE AND RETAIL TRADE— Continued
Retail Trade
Total
Under $10, 000
*10, 000 under 420, 000
120, 000 under ! ^30, 000
S30,000 under ii50,000
$50, 000 under $100, 000
$100,000 under 4200,000 ,
$200,000 under $500,000 ,
i 500, 000 under $1,000,000
1,000,000 under $5,000,000.,
5, 000, 000 or more
(1)
(2)
(3)
W
(5)
(6)
(7)
C8)
(9)
(10)
(U)
(12)
Receipts not reported.
Food, total.
Onder $10, 000
ilO, 000 under t20, 000
! ,20, OOO under ! 130, 000
!,30,000 under i,50,00O
$50, 000 under $100, 000
1100,000 under 4200,000
; 1200, 000 under S500, 000
1 :500, 000 under $1, 000, 000
! 11,000,000 under $5,000,000.
! 15, 000, 000 or more
Receipts not reported
General merchandise.
Under $10, 000
*10, 000 under |20, 000
S20, 000 under i 130, 000
S30, 000 under 1 150, 000
$50,000 under $100,000
$100,000 under $200,000
1 1200, 000 under S500, COO
11500,000 under $1,000,000
111,000,000 under $5,000,000.
$5,000,000 or more
Receipts not reported
Apparel and accessories.
Under $10, 000.
1110,000 under 1120,000
1 120, 000 under 1 130, 000
: 130, 000 under 1 150, 000 ,
$50, 000 under $100, 000 ,
$100, 000 under $200, 000
$200,000 under $500,000
$500,000 under $1,000,000
$1, OOO, 000 under $5, 000, 000
$5, 000, 000 or more
Receipts not reported
Furniture, home furnishings,
equiiment, total
Under $10, 000
$10,000 under $20,000
1120,000 under 1,30,000
1130,000 under 1150,000
$50,000 under $100,000
11100,000 under $200,000
1 1200, 000 under $500, 000
11500,000 under $1,000,000...
111,000,000 under $5,000,000.
115,000,000 or more
Receipts not reported
Automotive dealers, total.
Under $10,000
$10,000 under $20,000 ,
! 20, 000 under $30,000
30,000 under S50,000
50,000 under $100,000
$100,000 under $200,000
11200,000 under $500,000
1 1500, 000 under $1, 000, 000. . .
111,000,000 under $5,000,000.
$5, 000, 000 or more
Receipts not reported
2*1, 170
25, 143, 176
24, 882, 099
1,691,775
2, 917, 350
200,611
22,933,689
22, 700, 007
5,806,858
1,796,234
2, 601, 614
27,569
24,974
22,818
38,311
56,017
42,097
22,784
3,918
1,515
56
1,111
40, 261
141, 881
375, 888
577, 166
1,528,291
4,054,754
5,876,740
6,833,153
2,683,127
2,581,335
485,491
5,350
5, 594, 141
130, 966
370, 725
569,078
1, 512, 772
4,020,420
5,831,282
6,766,033
2,652,031
2, 549, 195
479, 597
46,343
133, 288
193,833
504,427
1, 193, 686
1,575,359
1,564,190
514,818
463,536
82,093
1, 003, 110
2,894
33, 529
58,811
160,533
380, 909
452,542
400,315
108, 080
83, 965
10, 203
^6
283,208
34,181
64,999
77, 888
209,452
500,490
715,092
797,442
266,877
216, 306
33,941
632
283, 871
15,313
18, 535
18,411
32,877
50,402
38,573
21,257
3,605
1,425
55
(')
34,766
87, 242
280, 045
466,151
1, 315, 875
3,658,381
5,381,982
6,365,715
2,470,436
2,424,919
478, 334
(')
5, 192, 630
80,089
276, 328
459, 031
1, 302, 235
3, 627, 492
5,341,031
6,304,106
2,441,760
2,395,474
472,461
5, 170, 334
35, 603
108, 735
165, 616
451, 598
1, 101, 840
1,463,814
1,477,600
482,116
440,183
79,753
941,294
17,428
45, 540
67,701
174, 699
398,611
470,247
411,739
111, 778
86,867
10, 211
(')
297, 372
2,669
2,730
3,200
5,507
10,135
8,994
5,420
1,005
431
11
(')
U,416
14,313
40,718
81, 356
222,465
739,859
1,260,922
1, 629, 017
689,047
756,832
158,300
(')
a, 172, 710
13,774
40,482
80,446
221, 399
737, 645
1,255,859
1,622,527
686, 560
752,811
157,675
1, 155, 181
3,335
10, 198
18,731
49,055
146, 660
234,051
275,761
113, 054
127,757
24,508
307,067
■^201
3,741
6,095
17,798
54, 853
76,977
72,918
24,249
23,695
3,134
(^)
79,867
2,310
3,295
5,833
15,343
41,727
64,974
80,841
29,225
32,492
7,699
226, 149
1,501
2,155
2,608
4,636
8,985
8,322
5,129
945
415
11
9,447
8,858
32,801
66,421
188, 250
654, 858
1,164,763
1, 540, 230
648,368
728, 577
158,300
(')
1,084,213
8,498
32, 618
65,686
187,416
652,875
1, 160, 5ia
1, 534, 335
646, 021
724, 692
157, 675
1,068,633
2,802
8,644
16,346
43, 035
134,987
218, 798
262,106
106, 808
123, 260
24, 508
285, 859
1,537
4,404
6,743
19, 369
58,641
79,659
74, 696
25,020
24,051
3,134
(')
84,967
1,463
909
1,123
2,047
2,853
1,647
1,133
153
86
2
15,247
6,920
14, 068
28,576
83,056
207,827
227, 952
345,242
104, 361
142, 549
12,159
5,374
13,893
28, 185
82, 062
206, 101
225, 703
338, 881
102,712
140, U4
12,156
569
3,968
7,235
21, 292
55,891
53, 750
90, 927
27, 769
41, 394
4,272
479, 290
93
935
1,825
6,487
17, 771
14, 619
24,544
5,950
7,419
224
125,807
2,963
4,169
9,192
19, 271
49, 675
43,715
61,004
15,163
19, 796
1,201
357, 718
732
652
846
1,725
2,655
1,548
1,061
146
12,871
4,120
10, 101
21,624
69, 865
193,886
214,384
324,045
100,058
133, 971
12,159
1,357,571
3,667
9,933
21, 359
69, 020
192, 328
212, 173
317, 802
98,517
131, 678
12,156
1,339,051
1,538
2,737
6,159
18,991
52,134
50,827
83, 603
26,842
38, 756
4,272
446,143
784
1,251
2,387
7,938
18, 536
15,161
25,077
6,001
7,608
224
133, 224
1,444
1,186
1,246
2,491
4,314
2,982
1,319
165
58
1
14,413
8,163
17,999
30, 906
100,043
312,473
416, 179
383,768
112,034
86,840
5,872
1, 434, 984
7,557
17,668
30, 791
98,773
309, 310
411, 163
377, 945
109, 922
85,355
5,508
1,408,816
2,771
6,678
9,775
32, 216
98,207
135,739
125,487
38,249
28,636
1,532
462, 858
153
1,942
2,448
9,962
31,094
38,207
30,130
7,215
4,599
106
(3)
129,223
3,749
8,275
12, 332
35, 861
90,264
100, 561
72, 793
20,337
U,128
418
257, 626
930
811
929
2,096
3,859
2,785
1,245
158
57
1
12,073
5,459
12,349
23, 050
85,015
280,981
387, 862
363, 901
107, 501
85, 581
5,872
1,313,117
5,076
12,018
22,957
83,841
278, 089
383,469
358,493
105,465
84,135
5,508
1,288,618
2,433
5,349
7,835
28,535
90,266
125,844
119, 580
36, 771
27, 998
1,532
429,159
1,173
2,592
3,146
11, 381
32,900
39, 694
30, 354
7,265
4,613
106
136,899
1,549
1,335
1,272
2,220
3,493
2,702
1,523
209
51
16,759
7,382
20, 335
32, 585
86,264
251, 187
375, 270
439, 265
141, 886
80,810
4,243,204
6,468
20,115
31,970
85,446
246, 321
368, 668
432, 335
138,469
79, 026
4,179,442
2,358
8,537
11, 861
34,141
82, 512
122,111
136,068
40, 055
25,215
600,059
513
2,921
3,738
12,191
23,897
36,372
36,647
8,652
4,311
134,586
3,066
5,770
7,277
18, 232
46,804
65, 110
76,984
22,618
11, 765
443,410
937
1,029
935
1,982
3,038
2,445
1,461
197
12,883
5,098
15,828
24,198
77,341
220, 077
338,137
421, Oil
133,897
77, 530
3,737,293
4,283
15,609
23,625
76, 562
215,456
332,169
414,287
130,627
76,000
3,680,837
1,823
7,275
9,607
31,417
74,970
111,216
131,139
37,649
24,063
542,267
930
3,453
4,366
13,577
25, 791
37, 686
37, 852
8,871
4,373
147,758
1,721
1,345
791
1,351
2,540
2,722
4,004
1,369
629
29
258
10,432
19,900
21,820
53,996
181, 630
400,909
1,296,214
953,879
1, 096, 616
205,475
2,333
7,501
19,664
20, 368
52,852
178, 557
396,820
1,281,441
940, 545
1,080,088
201, 606
2,075
5,766
5,080
13,263
43,705
70,483
180, 934
116,738
135, 538
26,477
431
1,287
1,526
3,855
15,706
19,320
43, 252
22,923
22, 211
3,392
683
3,613
5,516
3,595
9,050
31, 330
54,517
133, 091
92,891
93, 097
16,410
300 I
792
831
494
990
2,105
2,306
3,501
1,202
575
28
(')
5,806
12,219
14,224
39, 108
150,493
337,738
1, 137, 292
839,291
1,000,630
198, 318
3,833
12,079
12,854
38, 280
147, 719
334, 174
1, 124, 371
827, 236
985,821
194,470
1,499
4,626
3,454
11,510
40, 263
63,658
163,052
104, 247
125, 821
24,137
1,296
2,226
2,387
4,868
16,803
21,689
45,965
24,484
23,496
3,400
(')
18, 198
43,730
61, 039
173,497
444,877
654,051
733,087
241,442
198,586
32,985
257,063
1,158
2,909
4,852
11, 355
35,262
59,529
75, 993
26,996
31,227
7,699
203, 841
1,445
2,541
7,431
15,650
45, 503
40,813
57, 261
14, 285
17, 711
1,201
322, 540
2,777
4,812
7,789
30,252
81, 669
92,959
69,634
19,137
13,093
418
229,937
2,182
4,643
4,641
16,496
39, 526
58,021
72, 621
20, 812
10,995
379,767
1,274
2,704
2,453
5,657
26,935
45,354
115,483
79, 936
84,517
15,454
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data.
50
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS
Table 10.— NUMBER OF PARTNERSHIPS, TOTAL RECEIPTS, BUSINESS RECEIPTS, GROSS PROFIT
AND SIZE OF BUSINESS RECEIPTS-
NET PROFIT, AND INVENTORY,
Continued
BY SELECTED INDUSTRIES
Industry and size of business
receipts
Partnerships with and viliiout net profit
Number of
partner-
ships
Total
receipts
(Thou»Mnd
doltmrm)
Business
receipts
(ThtMtaand
dollmra)
Gross profit
(less loss)
(Thounmnd
dotlmraj
Net profit
(less loss)
dolUra)
Inventory,
end-of-
year
(ThiM»»nd
dotlmra)
Partnerships with net profit
Number of
partner-
ships
Total
receipts
(Thauamd
dollar a)
Business
receipts
(Thauaa^d
dollara)
Gross profit
(less loss)
(noaMnd
dolUra)
Net profit
(Thouasnd
dottara)
Inventory,
end-of-
year
(nouaand
dottara)
MKLESJOE JIM) RETAIL TRADE— Continued
Retail Trade— Continued
Gasoline service stations, total
Under $10, 000
;;10,000 under J20,COO
; ,20, 000 under :,30,000
; 130, 000 under ;,50,000
; 150, 000 under $100, 000
100, 000 under $200, 000
.200,000 under S500,000
,500,000 under $1,000,000
;il,000,000 under $5,000,000
; ;5, 000, 000 or more
(1)
(2)
(3)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
Receipts not reported
Eating and drinking places, total
Under $10, 000
510,000 under $20,000
20,000 under $30,000
30,000 under $50,000
50,000 under $100,000
; ilOO, 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
Receipts not reported
Building materials, total.
Under $10, 000
$10, 000 under $20, 000
$20, OOO under ! 130, 000
$30, 000 under : 150, 000
$50,000 under $100,000
$100,000 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
Receipts not reported
Hardware and farm equipment,
total
Under $10,000
i 10, 000 under $20,000
20,000 under $30,000
30,000 under $50,000
50,000 under $100,000
: 1100,000 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
Receipts not reported
Drug stores and proprietary
stores, total
Under $10,000
$10,000 under $20,000
$20,000 under ;I30,000
$30,000 under ;:50,000
$50, 000 under $100, 000
$100, 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
Receipts not reported
Liquor storea, total. .
Under $10, 000
i 10, OOO under $20,000
20,000 under $30,000
30,000 under $50,000
50, 000 under $100, 000
:il00,000 under $200,000
;i200,000 under $500,000
il500,000 under $1,000,000...
; 11,000,000 under $5,000,000.
; 15,000,000 or more
Receipts not reported
31,256
2,389,03*
2, 378, 588
535, 739
166, 080
107,948
26,011
2,147,926
494,685
174, 615
2,087
3,005
3,248
4,999
10,136
6,354
1,279
79
29
(')
49, 191
12,585
45,669
82,004
201, 106
738,721
861, 520
347,538
53,390
46,501
2,447,117
11,867
45,239
81, 763
199, 725
736, 045
859, 155
345,682
52,916
46, 196
2,423,154
2,961
9,838
17,816
43,906
163,756
196, 262
79, 954
11,335
9,911
1, 143, 317
836
2,235
4,726
15,233
60,681
58,029
19, 980
2,754
1,679
(')
252, 998
1,849
3,981
4,778
9,396
28,683
43, 239
12,424
1,982
1,606
(=)
62,160
1,187
1,898
2,432
4,183
9,259
5,722
1,226
75
29
39,945
7,611
29,030
61, 172
169,435
676, 826
773, 521
333,033
50,797
46,501
6,982
28,641
60,949
168,095
674,331
771,400
331, 249
50,401
46,196
2, 178, 120
2,386
7,596
14,609
33,068
153, 556
179, 110
77,369
11,080
9,911
1, 030, 365
1,551
3,435
6,159
16,801
63,020
59,022
20, 103
2,845
1,679
270,766
8,246
8,210
7,143
10,635
9,438
3,869
1,167
125
40
2
316
5,553
42, 636
123,530
178, 171
420,4.42
652, 143
524, 329
338,645
84,445
61,462
20,317
997
926, 161
41,817
122, 590
175,436
416, 100
645, 579
521, 780
335,890
83,827
60,463
19, 672
914, 102
13, 519
53,618
78,512
1S6,699
300,755
245, 859
173, 538
45, 470
33, 201
7,146
228,510
759
12,236
23,544
53,372
74,886
45,658
28,615
6,598
6,641
920
^231
61,665
1,998
3,302
4,729
11,602
16, 525
13,070
7,598
1,520
1,079
698
39
155, 250
4,508
6,468
6,150
9,429
8,582
3,552
1,080
115
39
2
(')
4,730
26,155
98,358
153,650
373,138
594, 502
482,140
313, 196
78, 319
59,427
20,317
(^J
860,776
25,547
97,679
151,242
369, 200
588,419
479,700
310,498
77,724
58,439
19, 672
850,666
12,126
43,511
68,106
167, 159
273,667
225, 214
159,680
42,403
31, 353
7,146
213,286
4,557
15,532
25,646
55,612
76,926
48,441
29,544
6,784
6,667
920
(')
65, 828
535
316
356
633
995
1,273
1,123
200
60
3
(')
11,819
2,418
4,778
9,230
25,474
76, 175
183,496
359, 214
134,640
104, 572
25, 822
(^)
1,444,555
1,988
4,561
9,133
25, 369
75,156
180, 738
355, 370
132, 832
103, 255
25,700
1,422,463
943
1,735
3,008
9,493
23,956
49,985
82,485
30, 393
21,104
5,408
305,305
338
404
1,114
4,438
6,542
11,077
23,234
7,773
5,765
1,160
(')
85,038
1,092
943
3,571
5,837
18, 817
33,423
55,496
18,449
15, 2U
2,4U
439, 192
297
198
316
613
837
1,153
1,066
189
58
3
9,786
1,700
2,916
8,372
24,487
64,187
166,035
338, 624
126, 631
102,002
25, 822
1,047
2,791
8,276
24,382
63,274
164,292
335, 192
125,014
100, 698
25,700
1, 273, 999
732
1,443
2,658
9,300
21, 193
45,451
77, 808
28,704
20,589
5,408
280,618
640
757
1,193
4,527
7,377
12,637
23,721
8,036
5,780
1,160
92,514
573
909
732
2,215
2,748
2,545
1,812
210
35
9,311
3,409
13,703
18,309
90,974
205,348
366, 912
549, 373
139,214
56,947
(')
1,272,341
3,127
13,358
18,216
88, 839
203,120
361,425
541,713
137,058
55,607
1, 263, 259
751
4,131
5,421
25,797
54,920
83,127
99,061
23,806
8,291
413,607
^227
486
1,943
8,745
17,885
24,076
24,290
5,931
1,895
(')
140,362
2,502
10,342
10,007
33,337
71,284
111,635
155,896
32,441
U,722
(')
203, 996
(')
573
652
1,820
2,432
2,249
1,629
200
33
( = )
8,608
(^)
8,629
16, 328
76, U8
182, 610
328,394
492,013
132, 767
54,207
(^)
(')
8,417
16,274
74, 197
181,432
323,252
485,709
130,732
52,975
(')
3,072
5,316
23,199
50,277
76,707
90,714
23,107
7,785
(^)
1,143
2,406
9,957
18,990
25,918
25,655
6,031
2,169
(')
142,364
277
336
237
751
2,296
3,817
1,467
95
13
2
(')
5,414
1,869
4,962
5,828
29,842
176, U6
542, 561
412,734
61,388
21,329
15,712
575,123
1,612
4,7U
5,818
29, 639
174,951
539, 871
409,301
60, 743
21,109
15,504
571,307
791
1,136
1,703
9,419
58,374
180,471
131,978
19,465
6,279
3,991
123,876
301
254
601
3,598
22,355
65,095
41,508
4,461
1,200
1,024
(')
51,299
1,065
1,980
1,465
7,112
30,982
90,084
56,515
9,029
2,969
2,641
(')
65,030
573
652
2,118
3,738
1,420
92
13
2
4,891
26,082
163,873
529,354
400,661
59, 358
21,329
15,712
552,705
25,900
162, 718
526,705
397,289
58,737
21,109
15,504
548,939
8,374
54,850
176, 096
129,544
18,893
6,279
3,991
U9,709
3,790
22,436
65,302
42, 572
4,470
1,200
1,024
52, 837
198
514
415
712
1,404
1,445
645
47
14
(')
1,046
7,812
10, 651
28,492
100,666
195, 381
179, 519
32,588
18,968
918
7,788
10,541
28,341
100,343
193, 773
178, 103
32,546
18,954
270
2,299
2,895
8,174
23,613
42,947
35,246
5,432
3,000
^62
776
870
2,572
10,805
18, 749
14, 961
1,961
672
(')
218
1,309
2,020
3,507
10,229
22,576
19,524
3,618
2,029
(=)
393
297
593
1,384
1,386
640
43
14
5,766
7,457
24,173
98,878
188,145
178,434
29,997
18,968
(')
5,742
7,349
24,056
98, 555
186, 539
177,022
29,955
18,954
(')
1,944
2,292
6,998
23,462
41,669
34,986
5,089
3,000
(')
1,077
1,102
2,817
11,054
19,015
15,001
2,000
672
(12)
97, 821
1,200
2,485
3,793
7,536
26,788
40,783
11,798
1,832
1,606
54,753
1,225
2,582
3,990
9,952
15,022
11,914
6,843
1,421
1,067
698
(')
140, 061
250
471
3,125
5,611
13,841
30,621
52, 198
16,624
14,909
2,411
384,096
(^)
7,292
9,012
27,237
62,365
99,723
136,449
30, 310
10,888
6,301
28,974
87,335
54,708
8,669
2,969
2,641
61,434
864
1,257
2,963
10,093
21,186
19,464
3,361
2,029
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data.'
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
51
ACTIVE PARTNERSHIPS
Table 10.— NUMBER OF PARTNERSHIPS, TOTAL RECEIPTS, BUSINESS RECEIPTS, GROSS PROFIT, NET PROFIT, AND INVENTORY, BY SELECTED INDUSTRIES
AND SIZE OF BUSINESS RECEIPTS— Continued
Industry and size of business
receipts
FINANCE, INSUBANCE, AM) REAL ESTATE
Total.
Under $10, 000
; ;10, 000 under |20, 000
; ;20, 000 under ! i30, 000
; ;30, 000 under i 150, 000
; iSO, 000 under $100, 000
$100,000 under $200,000
11200,000 under $500,000
1 1500, 000 under ?1, 000, 000. . .
111,000,000 under $5,000,000.
$5, 000, 000 or more
Receipts not reported
Security and Commodity Brokers,
Dealers, Exchanges, and Services
Total.
Under $10, 000
$10, 000 under $20, 000
120, 000 under i 130, 000
130, 000 under i 150, 000
$50, 000 under $100, 000
$100, OOO 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
Receipts not reported
Total.
Under $10, 000
$10, 000 under $20, 000
il20,000 under !i30,000
! 130, 000 under : 150, 000
$50,000 under $100,000
! 1100, 000 under $200, 000
; 1200, 000 under $500, 000
11500,000 under $1,000,000
111,000,000 under $5,000,000,,
1 15, 000, 000 or more
Receipts not reported
Total.
Under $10, 000
1 110, 000 under |20, 000
1.20,000 under 1130,000
1,30,000 under 1150,000
: ,50, OOO under $100, 000
$100,000 under $200, 000
i 1200, 000 under 1500, 000
; 1500, 000 under $1, 000, 000. . .
(11,000,000 under $5,000,000.
$5, 000, 000 or more
Receipts not reported
Hotels, Rooming Houses, Camps,
Other Lodging Places
Total
Under $10, 000
$10, 000 under $20, 000
: ,20, 000 under 1 ,30, 000
1130,000 under 1150,000
$50, 000 under ?100, OOO
1 1100, 000 under $200, 000
1 1200, 000 under $500, 000
1,500,000 under $1,000,000....
(11,000,000 under $5,000,000..
( 15, 000, 000 or more
Receipts not reported
Personal Services
Total.
Under $10,000
$10,000 under $20,000
(120,000 under (,30,000
( 130, 000 under ( ,50, 000
( ,50, 000 under $100, 000
$100,000 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
Receipts not reported
Partnerships with and without net profit
Number of
partner-
ships
(1)
185, 173
113, 884
25, 660
13, 171
11,015
8,807
4,007
2,019
320
55
5,971
4,834
1,806
463
309
243
404
400
296
124
171
49
141, 198
89,768
20, 892
9,949
7,879
5,691
2,514
1,259
103
52
1
3,090
160, 498
43,053
28,049
18, 787
22,238
25,478
13,749
5,703
882
450
36
2,073
15,085
Total
receipts
(2)
4,745,143
383,754
363, 607
322,934
427,681
605, 359
557,595
603,450
218, 598
534, 274
727,891
1, 302, 761
4,956
6,949
7,839
8,985
29,044
58,290
87,700
83, 832
368,535
646, 631
2,452,515
327, 841
292,774
243, 939
303,752
388, 271
345,341
371,644
69,446
98,607
10,900
9, 166, 991
5,508
3,214
1,671
1,878
1,611
565
263
69
25
3
33,490
U,363
7,751
4,446
3,951
3,527
1,680
570
73
29
209, 633
418, 406
469, 480
880,421
1,833,530
1, 905, 973
1,681,743
601, 164
801,758
356,117
8,766
580,482
25, 288
49, 541
42, 686
74, 079
113,516
76, 238
81,153
48,234
49, 661
17,796
2,290
1, 170, 394
Business
receipts
dotlata)
Gross profit
(less loss)
(Thousand
doliara)
(3)
4, 217, 032
340, 732
336, 210
292, 724
385, 357
535, 899
511, 281
543,715
181,748
463, 245
626, 121
3,481
5,873
6,538
7,885
20,408
54, 152
71,004
67,818
324,511
546, 595
301, 309
271,895
221, 757
270,860
342,848
316,761
337, 245
62, 394
82,130
10, 361
9,043,783
198, 166
408, 680
461, 190
869, 386
1,810,283
1,884,437
1, 669, 144
595,409
794, 343
352,745
559,757
61,355
113,060
109, 028
153,817
250, 607
226, 979
157,488
47, 917
50, 030
(^)
24,549
46, 559
41, 127
72,410
106,994
75, 106
79,555
47, 062
49,081
17, 314
1,157,625
(4)
337,207
329,767
285,707
370,841
507,089
473,659
481,739
166,031
450,761
619,532
1, 107, 937
3,472
5,873
6,538
7,566
20,408
54,152
71,0134
67,818
324,511
546,595
2, 145, 144
299,162
269,350
218,324
265,424
330,810
304,228
314,700
54,675
78,110
10,361
7, 477, 160
170, 167
340, 629
372, 972
707, 157
1, 504, 632
1, 587, 537
1,418,791
480, 655
616,910
277,710
454,714
23,348
42,417
34,992
61,844
87, 576
59,487
65, 289
35, 214
32,264
12,283
855,720
Net profit
(less loss]
(Thouaattd
doliara)
Inventory,
end-of-
year
(Thtniaand
doliara)
(5)
72,454
119, 196
104, 820
151, 705
135, 041
171, 500
124, 304
58, 588
106, 933
128, 338
^21,774
2,669
3,803
3,226
4,530
5,169
30,424
42, 231
18,691
80,836
114, 353
^2,941
546,003
51, 722
91,915
67, 319
90,456
98,710
82, 886
43,927
11, 575
15,757
5,587
^13,851
38, 663
125, 367
139, 207
287, 616
657,699
718,851
552,993
162,273
204, 651
86, 566
^10,295
39,995
2 508
6,551
3,968
8,847
14, 180
3,961
3,115
770
1,603
1,468
^3,960
(6)
166, 677
9,260
8,016
16, 209
17,899
32,184
28,398
39,596
6,729
7,493
759
134
7,452
59,787
112,019
108, 817
151, 659
249, 260
222, 679
156, 250
47, 593
49,561
53, 773
98,349
87,974
119,789
180,430
156,624
101, 878
26, 618
30, 285
223, 810
17, 660
34,669
24,720
34,386
44,597
39,730
20,234
3,800
4,312
(')
182
273
501
887
1,703
1,303
1,164
449
608
325
57
28,929
Partnerships with net profit
Number of
partner-
ships
(7)
137,648
80,200
22, 307
11,645
9,849
7,907
3,545
1,613
285
243
54
3,697
1,523
378
270
238
342
339
280
U5
164
48
102,648
61, 212
18,021
8,560
6,818
4,859
2,133
915
85
44
1
134,487
29,636
23, 962
16,401
20,348
24,006
13,094
5,469
815
424
34
298
10,261
963
1,727
2,389
4,524
5,813
6,669
3,852
1,392
1,592
(^)
2,867
2,418
1,236
1,522
1,391
461
221
44
19
3
(')
27,991
Total
receipts
(Thouaand
doliara)
(8)
4, 201, 259
301,416
316, 841
285, 187
383, 810
540,713
497, 855
470, 241
194, 839
489, 423
720, 934
1,255,656
4,554
5,749
6,848
8,784
24,483
51,346
83,437
77,334
353, 447
639, 674
2, 013, 369
253, 102
252, 781
209,830
264, 192
328, 559
295, 696
259, 187
58,018
81,104
10,900
8, 538, 793
160,899
359, 815
410, 197
806, 643
1,725,493
1, 805, 518
1, 612, 134
555,010
751, 857
343,048
8,179
458,398
Business
receipts
f Thousand
doliara)
Gross profit
(less loss)
(Thouaand
doliara)
(9)
265, 055
294, 076
258, 220
345, 371
481, 663
456, 633
421, 089
161,822
428, 802
619,419
3,186
4,973
5,579
7,703
18,079
49,888
68,221
63,240
310,963
539,893
1,813,977
231,178
234,854
190,815
234,849
291,222
269,528
232,577
52,698
65,895
10,361
8, 437, 534
8,331
6,565
3,886
3,629
3,307
1,641
534
70
28
14, 663
38,123
32,241
60, 542
96, 598
60, 290
68,145
30, 963
36,842
17, 796
1,078,782
48,915
96,009
95, 030
141, 577
233,721
222, 098
147,659
45,640
48,133
152,415
350, 750
402, 707
797, 350
1, 706, 368
1, 792, 978
1,600,416
550, 015
744,858
339, 677
443,280
(10)
3, 560, 049
262, 463
288, 336
252, 194
332,026
454, 525
421, 540
372, 013
146, 830
417, 292
612, 830
1,071,397
3,177
4,973
5,579
7,384
18,079
49,888
68,221
63,240
310,963
539,893
1,750,447
229,635
232,440
187,819
229,633
280,856
256,995
214,817
45,704
62,187
10,361
7, 026, 047
14,324
35, 294
30, 709
59,007
93,513
59,451
66,915
30,332
36,421
17, 314
1, 066, 717
47,458
95, 020
94,842
139,483
232,400
218,048
146,451
45,334
47,681
131,834
291, 569
327, 518
652,486
1, 429, 821
1, 524, 501
1,365,280
446,667
584,546
271,825
365,504
Net profit
(Thouaand
doliara)
(11)
1, 398, 489
134,040
139, 055
118, 368
163, 220
206, 398
184,213
146, 331
63,481
114, 325
129, 058
323, 241
3,167
4,156
3,595
4,615
12,470
32, 916
42, 509
20, 569
84, 171
115, 073
695, 250
101, 606
104, 290
79, 967
101, 648
112, 665
93, 081
65, 153
13,917
17, 336
5,587
3, 069, 883
13,699
31,854
26,377
51, 191
78,607
47,266
56,299
23,326
24,602
12, 283
784,611
42,612
83,472
77, 776
110,766
167, 637
152,632
94,999
25,708
29,009
64,659
135,995
151,452
294,476
666, 883
730,435
558, 803
168, 719
208, 062
87, 223
3,176
67, 179
Inventory,
end-of-
year
(Thouaand
doliara)
3,626
8,532
6,803
10, 114
16,377
8,679
5,673
2,757
2,748
1,468
(')
234, 172
21,382
36,831
25,652
35, 886
45, 568
40, 188
20,507
3,829
4,329
(12)
148,002
5,413
6,903
14,341
15,521
27,545
26,838
37, 743
6,103
6,836
759
5,756
145
239
391
485
1,259
1,183
1,030
287
412
325
26, 354
814
1,232
1,728
4,035
5,522
6,525
3,554
1,363
1,581
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
52
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS
Table 10.— NUMBER OF PARTNERSHIPS, TOTAL RECEIPTS, BUSINESS RECEIPTS, GROSS PROFIT, NET PROFIT, AND INVENTORY, BY SELECTED INDUSTRIES
AND SIZE OF BUSINESS RECEIPTS— Continued
Industry and size of business
receipts
Partnerships with and without net profit
Number
of
partner-
ships
Total
receipts
(Thoummnd
dollmrm)
Business
receipts
( Thoucmd
dollarm)
Gross profit
(less loss)
(Thoummnd
dolUrt)
Net profit
(less loss)
(ThouMmtd
dotlmra)
Inventory,
end -of -
year
(Thcu B»nd
dollmrm)
Partnerships with net profit
Number of
partner-
ships
Total
receipts
(Thoummnd
dollmrm)
Business
receipts
(Thoummnd
dollmrm)
Gross profit
(less loss)
(Thoummrxd
dollmrm)
Net
profit
(Thoummnd
dollmrm)
Inventory,
end-of-
year
(Thoummnd
dollmrm)
SERVICES — Cont Inued
Personal Services
Laundries, laundry services, and
cleanin^sol dyeing plants^ total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
Photographic studios, including
commercial photography, total..
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
Beauty and barber shops, includ-
ing schools, total
Uhder $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$1X,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $5,000,000
$500,000 or more
Receipts not reported
Business Services
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
Automobile Repair, Services, and Garages
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
Repair Services, Except Automotive
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
Receipts not reported
(1)
(2)
(3)
M
(5)
(6)
(7)
(B)
m
(10)
(U)
13,60,
2,V.l
3,163
2,06«
1,9«
1,725
830
365
55
23
1,-151
554
415
11,489
5,488
3,283
1,409
771
473
(')
(')
15,944
6,532
2,406
1,627
1,624
1,791
873
407
116
65
2
18,460
4,019
4,U8
2,SU
3,274
2,432
1,171
443
33
(')
10,612
4,093
2,261
1,296
1,265
1,247
342
74
12
1
1
(')
600,761
596,875
436,903
77,021
9,139
10,775
545,558
542,156
394,116
63,226
18,084
46,530
51,349
74,564
119,715
109,070
103,509
37,092
40,848
62,646
17,725
46,130
51,261
73,948
119,432
108,032
102,950
36,850
40,547
62,216
16,202
39,723
41,927
58,335
89,218
78,914
67,368
19,889
25,327
40,435
1,190
7,512
9,982
12,789
16,814
12,708
10,105
2,457
3,464
12,312
109
411
347
752
717
2,626
2,127
1,052
998
1,938
2,471
1,805
1,721
1,621
8U
334
52
22
1,208
U,426
36,315
44,721
65,641
111,880
106,255
95,554
34,815
38,951
55,728
11,141
35,964
44,633
65,089
111,597
105,458
95,016
34,591
38,667
9,976
3,245
30,525
9,083
37,137
10,263
52,357
U,165
82,874
17,116
76,340
13,082
61,877
10,305
18,979
2,486
24,051
3,481
35,717
13,102
2,152
8,592
15,630
33, a8
1,805
1,249
182,471
2,117
8,565
15,621
32,873
1,801
1,239
181,218
1,566
6,068
10,541
20,8U
463
983
162,709
347
1,884
2,722
7,167
UO
52
61,417
72
604
435
356
10,061
1,998
7,155
12,177
31,344
1,805
166,431
1,965
7,128
12,170
31,008
1,801
1,239
165,228
1,473
5,203
8,169
19,426
463
983
U7,977
1,971
3,013
7,240
lAO
52
31,974
47,037
33,557
28,527
33,171
2,262
1,205
754,813
31,464
46, 542
33,505
28,498
33, on
2,260
1,205
742,511
29,267
44,016
29,534
27,218
26,303
(')
1,884
1,205
485,814
14,216
21,498
10,201
8,020
6,549
(')
148
122
U6,073
255
168
165
128
181
(')
16,829
4,632
2,947
1,270
712
455
(')
12,372
28,088
42,393
30,084
26,445
31,216
(=)
2,262
1,205
706,658
27,602
41,901
30,055
26,416
31,076
(=)
2,260
1,205
697,437
25,891
39,425
26,806
25,136
24,348
14,770
21,714
10,494
(')
(=)
1,884
1,205
456,249
148
122
153,980
27,826
35,821
41,U9
64,631
128,226
124,422
125,379
79,153
116,055
11,855
304
770,081
24,791
34,727
39,384
63,215
127, 520
122,567
124,842
78,543
115,078
11,844
761,242
21,217
29,056
33,687
50,602
93,120
83,749
76, 531
45,461
50,737
1,404
376,125
1,782
10,843
14,860
17,905
27,593
31,164
17,982
11,351
U,122
271
^1,320
U9,706
3,524
372
617
1,596
2,061
2,606
2,518
1,181
2,U5
56,197
4,212
2,068
1,468
1,486
1,667
834
380
111
65
2
(')
16,065
20,627
31,353
37,249
59,659
118,493
117,529
118,215
75,381
116,055
11,855
(')
690,591
18,831
30,581
35,506
58,267
117,807
117,057
117,666
74,760
115,078
11,844
682,840
16,293
8,463
25,916
11,617
30,655
15,692
47,271
18,495
87,687
28,580
81,003
31,405
71,630
18,233
43,403
11,867
50,767
14,122
1,404
271
335,519
(')
124,617
22,326
61,239
70,158
127,186
171,826
154,995
127,934
22,676
U,517
(')
307,268
21,035
60,U6
69,493
126,923
169,922
154,223
125,626
22,4U
11,490
305,371
13,970
36,403
37,136
65,307
82,574
60,322
61,951
11,352
7,110
159,485
5,694
17,412
17, 6U
23,605
24,473
16,784
12,622
613
470
64,354
1,255
2,560
2,962
5,845
11,339
6,642
24,094
1,152
322
(')
24,764
3,109
3,792
2,556
2,932
2,175
1,034
4U
31
6
(')
9,203
18,501
56,022
63,962
113,819
152,124
136,790
U6,094
20,830
10,292
296, 196
17,630
54,986
63,404
U3,574
150,459
136,024
113,909
20,566
10,268
296,373
12,331
33,598
34,181
58,821
72,370
55,178
53,628
9,524
5,868
155,084
6,409
18,096
17,885
24,749
25,287
17,096
13,109
1,301
550
65,615
18,086
33,921
31,973
49,031
92,823
46,080
20,580
6,081
1,620
5,073
17,755
33,855
31,830
48,790
91,888
46,031
20,492
8,028
1,619
5,073
11,524
20,793
16,574
27,300
44,053
21,590
9,708
2,301
317
3,325
4,822
10,453
8,267
12,273
17,925
6,515
2,661
1,150
140
153
(')
2,122
2,132
2,460
3,362
7,832
4,870
1,023
652
2,987
2,103
1,211
1,245
1,227
342
74
12
1
1
14,958
31,761
29,962
48,267
91,814
46,080
20,580
8,081
1,620
5,073
14,710
31,695
29,820
48,026
90,879
46,031
20,492
8,028
l,a9
5,073
10,052
5,596
19,689
10,716
17,502
8,324
26,749
12,291
43,851
18,069
a,590
6,515
9,708
2,661
2,301
1,150
317
lAO
3,325
153
(12)
92
234
347
267
717
2,626
1,951
1,023
987
72
248
26
58
203
164
135
128
181
(')
12,362
1,067
337
481
914
1,265
2,806
2,177
1,170
2,W5
53,154
1,013
2,3U
2,724
5,187
9,158
8,098
23,197
1,152
3U
23,688
1,573
1,893
2,323
3,343
7,700
4,870
1,023
652
'3U
Footnote3 at end of table. See text for explanatory statements and "Description of the Sample and Li;tiitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
53
ACTIVE PARTNERSHIPS
Table 10.— NUMBER OF PARTNERSHIPS,
TOTAL RECEIPTS, BUSINESS RECEIPTS, GROSS PROFIT, NET PROFIT, AND INVENTORY, BY SELECTED INDUSTRIES
AND SIZE OF BUSINESS RECEIPTS— Continued
ize distribution is by "Total receipts.
^For the industrial division "Finance, insurance, and real estate" the
^L03S.
^No reliable estimate of the sampling variability can be obtained from the sample. Data, however, are included in totals
NOTE: See text for explanatory statements and for "Description of the Sample and Limitations of the Data."
Industry detail does not add to totals vAiich include data for business activities not shown
Partnerships with and
without net profit
Partnerships with net profit
Industry and size of business
receipts
Number
of
partner-
ships
Total
receipts
(Thouaand
dolimrm)
Business
receipts
(Ttioufutd
dollar a)
Gross profit
(less loss)
(Tbouamid
doltmra)
Net profit
(less loss)
(Thauaand
doltatai
Inventory,
end-of-
year
(Thouaand
dollara)
Number of
partner-
ships
Total
receipts
(Thotiaand
dollara)
Business
receipts
(Thouaaitd
dollara)
Gross profit
(less loss)
(Ttwuaand
dollara)
. Net
profit
dollara)
Inventory,
end-of-
year
(Thouaaitd
dollara)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
SERVICES— Cont inued
Recreational Services
Total
12,520
575,642
546,967
435,950
44,336
6,876
8,101
431,727
413,523
326,317
77,033
4,893
4,558
2,166
1,167
1,681
1,429
549
300
64
44
3
559
17,322
22,891
31,176
30,935
67,965
106,790
88, U9
90,783
42,742
76,164
17,087
960
1,759,353
19,727
30,260
28,568
65,623
101,491
80,522
87,397
41,830
75,306
16,243
1,749,827
16,740
24,931
23,498
52,412
31,128
61,333
72,280
34,771
59,188
9,669
1,671,492
^1,671
1,176
21,088
9,486
13,735
7,414
8,053
1,403
5,746
3,239
^3,107
889,444
602
606
392
822
1,231
1,424
542
530
553
18
56
5,236
2,772
1,448
713
1,285
1,093
411
256
44
34
3
P)
16,454
16,036
21,107
19,607
51,432
83,170
59,354
77,015
28,700
57,387
17,087
(')
1,715,334
13,303
20,233
17,549
50,550
78,256
53,786
73,912
27,923
56,763
16,243
1,706,352
11,432
16,401
U,295
39,258
61,136
45,593
59,997
22,015
46,471
9,669
1,633,975
4,976
5,089
5,191
U,536
16,508
U,179
9,517
2,714
6,914
3,239
(')
897,192
238
569
$20 000 under $30,000
274
696
$50 000 under $100,000
1,160
$100,000 under $200,000
937
459
$500 000 under $1,000,000."
214
278
18
_
Medical and Other Health Services
Total
4,836
Under $10,000
1,255
1,127
1,292
2,182
5,500
4,260
1,445
127
51
3
8,172
6,406
16,662
32,420
86,996
405,733
585,863
428,182
86,435
79,815
30,841
861,565
5,830
16,539
31,841
86,316
404,526
582,942
426,819
85,904
79,124
29,936
859,752
5,495
15,500
30,163
81,767
388,383
563,303
417,311
82,0CV4
72,660
14,406
838,845
1,780
6,439
13,376
44,992
225,353
321,829
207,853
33,707
26,907
9,554
508,735
143
79
158
273
1,027
2,333
461
328
434
1,529
1,038
983
1,153
2,143
5,382
4,161
1,414
123
49
3
7,935
5,471
14,51A
28,541
85,426
398,196
571,789
419,421
84,078
77,057
30,841
854,040
5,106
14,441
28,268
84,752
396,989
563,868
418,069
83,556
76,367
29,936
852,231
4,790
13,412
26,590
80,412
382,374
552,744
409,331
80,013
69,903
14,406
831,533
2,429
6,575
13,646
44,994
225,566
323,580
208,540
35,401
26,907
9,554
510,705
142
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
79
149
273
942
2,104
461
259
427
-
Receipts not reported
Offices of physicians and sur-
geons, total
1,529
Under $10,000
$10,000 under $20,000
395
237
322
830
3,114
2,454
742
29
7
2
20,123
1,613
3,691
8,056
32,759
232,335
330,238
207,303
18,850
10,107
16,113
1,742,520
1,459
3,691
8,056
32,704
232,319
329,922
206,711
18,791
10,057
16,042
1,727,658
1,459
3,550
8,056
32,139
223,843
325,403
204,607
18,738
9,819
6,231
1,699,990
651
1,884
4,254
21,037
151,926
198,960
114,727
8,249
4,902
3,818
(^)
991,207
50
83
1,297
41
40
18
863
316
217
302
811
3,095
2,4U
742
29
7
2
18,947
1,432
3,475
7,559
32,053
231,486
325,657
207,303
18,850
10,107
16,113
1,719,758
1,282
3,475
7,559
32,003
230,970
325,341
206,711
18,791
10,057
16,042
1,704,935
1,282
3,334
7,559
31,647
227,494
320,822
204,607
18,738
9,319
6,231
1,677,317
801
1,942
4,293
21,037
151,926
199,010
114,727
8,249
4,902
3,818
993,243
:
-
$30 000 under $50,000
50
83
$100,000 under $200,000
1,297
$200,000 under $500,000
41
40
$1 000,000 under $5,000,000
18
-
Receipts not reported
LeEal Services
Total
863
2,195
2,532
2,492
3,911
4,852
2,488
1,196
230
122
6
(')
6,511
10,286
39,433
61,602
157,950
344,875
356,604
350,477
157,048
222,063
37,904
(')
725,590
10,081
33,335
60,771
156,168
342,442
355,031
349,720
156,535
220,672
37,903
716,611
9,999
33,180
60,427
154,842
340,224
350,901
343,996
152,679
217,213
31,529
585,389
3,947
19,502
34,769
92,651
206,592
215,740
194,746
86,035
118,562
16,628
161,709
5
9
283
7
149
178
4
228
13,416
1,621
2,354
2,413
3,694
4,793
2,488
1,190
228
121
6
5,557
8,953
36,933
59,579
149,207
340,743
356,604
349,035
155,790
220,744
37,904
C)
8,781
35,835
58,761
U7,425
338,315
355,031
348,278
155,303
219,353
37,903
658,819
8,699
35,680
58,417
146,099
336,097
350,901
342,554
151,447
215,894
31,529
545,677
5,333
19,624
34,866
92,830
206,592
215,740
194,747
86,035
118,562
16,628
(')
167,248
5
-
9
283
7
$100,000 under $200,000
$200 000 under $500,000
149
178
$1 000,000 under $5,000,000
226
-
Engineering and Architectural Services
Total
12,690
969
856
855
949
1,190
826
535
104
80
8
8,193
4,067
12,981
21,111
38,052
86,348
113,100
161,371
73,226
151,905
63,243
(')
712,654
3,906
12,957
20,999
37,859
84,075
111,866
160,365
71,939
149,715
62,930
709,086
3,708
12,647
19,401
36,106
79,628
101,046
133,704
56,996
108,561
33,592
693, 588
1,295
4,663
9,038
15,942
27,807
32,169
36,411
11,778
18,998
4,193
(?)
263,820
142
17
6,654
15
57
59
4,753
775
839
105
1,892
692
677
737
909
1,092
727
524
93
75
6
7,733
3,447
10,227
18,271
36,845
79,753
99,441
158,732
69,895
140,799
50,174
(=)
706,963
3,286
10,203
13,160
36,652
77,493
93,212
157,728
68,612
138,611
49,862
705,458
3,137
10,000
17,262
34,899
73,046
88,912
131,393
55,671
103,150
27,707
695,000
1,706
5,227
9,338
15,990
28,764
32,508
36,660
12,199
19,999
4,850
(=)
264,651
111
$10 000 under $20,000
10
6,198
$30 000 under $50,000
15
57
$100,000 under $200,000
23
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $5,000,000
4,753
736
682
105
Receipts not reported
Accountine. Auditine. and Bookkeeping
Services
Total
1,871
1,601
1,173
929
1,325
1,682
916
428
48
22
10
7,278
18,188
23,533
52,551
117,603
124,168
126,885
31,767
38,363
172,318
6,904
17,270
23,480
52,309
117,004
124,109
126,667
31,705
38,136
171,502
6,810
16,996
23,279
51,297
116,999
120,938
125,417
30,435
34,915
171,502
2,958
10,680
11,419
25,553
50,951
41,396
46,776
10,601
12,650
51,060
(=)
21
11
7
15
336
78
533
235
606
1,324
1,133
850
1,325
1,682
916
428
48
22
10
6,253
17,613
21,447
52,551
117,603
124,168
126,885
31,767
38,363
172,318
5,936
16,695
21,395
52,309
117,004
124,109
126,667
31,705
33,136
171,502
5,882
16,421
21,194
51,297
116,999
120,938
125,417
30,435
34,915
171,502
3,376
10,690
11,598
25,553
50,951
41,396
46,776
10,601
12,650
51,060
-
J30 000 under J50 000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
78
583
235
606
Receipts not reported
-
See table 9 for cCTiplete list of industrial groups for active partnerships.
54
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
o ^ Is
O »0 iH P' o
■ oj irt
-J c^ rH r^ 5« O 0«
C^ ^D ■«» *■ O « -J
in o* ff» *0 »H f^ %6
■^ oj -^ m m r- s
■< eo to -; C <M
< O O -4 c
^ -H ^ vo 0
) 0% ^ xO sj
>J o >t
' 2; G! fl' '^ '^ ;:i '"
-.J n CO >f\ *o
f* oj in -J- >o
^ ^ -0 O >£> f"
iinvDOsO ^f^^
< CT* f\( eo
r-l rg rw fW At
1^
to m
O 0)
sO 00 ^
r~, f-> ri
O O f^
t> ^ m >i tx>
Q u^ ȣ> H (^
O -.J u-v (>j ~f
= a 7t^
(MC-riiOiA ^fM^
-.J '^ <N CM fV
O r^ C' (^ ^ l^J to
n ro S ^0 p 00 o*
IN W U-l fcft ^ O ITS
r- C- -a IM 00 (Ml-
^7
S-8
>j(M(M«riirt \D C^ O
rt*rt^0O>O TOin<o
a f^ 00 n "^ *ri o
W rH rj ^ O ^
SC» -O CO ^ "^ P- p\
fn r-t rH O ^ •£! f-
JOOr-IC^t^ CT-OOt^
o> f^ ^- \D o -1 "
^i O O W J CO (M
V to » f- H CO
5 t- vT •-* (V C
- rH -J' r^ CNJ in
23;
O « -J
in m o
•^ O^ m
ry o O O irv
M <N to lO i-l
r-( f- 0^ f-\ 1-^
•^fC^vOOOE^ (MCOO
to>riHf*\0 o^^f*^
< rH rH r-J ^
rJ <^ 2 ^
■O -J O r
«^ o^ O
^ rv <r\ Q trt f^ to
rH f^ .H ^ S (%i o>
m O oy -o CT> cj ir\
(> ^ (^ -J r
•o ry ■-( ^
rH ir\ a^ c\i O^ OOf
-*^OOJO^O sOHf
O to -.1 CO -J
Sri (D tn CM
S to CO sO
1 rH tVI
O^ O O O C~ HTiM
cMtor-t(v:-i a*r-u
(M O ^ in O ^0 r^
fH vO -H O 0^
■^ f^ -^ rj ^ (M
(N O CTJ g C
t^ i> t-l irv p
00 -.J 04 -J (> •£> iH
oj in o^ o (Nt ry
O -O £?- O nj
-»J -sf f^ f-t C^
CM ^ O "^ f^
CT'(7'mvO->f OJO*^
moo-OO^ ^tocy
>j-nin>to\ tOr-teo
ln^NOC^O^ O^OO
sOiDinrtiin c^ iTi a^
8 =
e-8
0^0(~^ot^J too^'O
r-\ m IS iH CM t^ H
c^^^>IC^c^J sji-^to
r-i ^D f-i n l> (M\00'
•.Jr^C^J^-^ln f^-4-O
m CM o -* y
00 \0 %f r^ *,
CO O (> tn r
sSI
3 c- o ■^ ^ n (-^
(M <N m CN m CTv
s :
Ji
am tn vO t^ c- >t ^0
oj \0 t^ to 00 o^ -J
(^^(MC^CM HOtO
f--.fin>iCTi t^o\r^
.-(iriHtDf^ r^mxD
SiO m (jv f-
\0 CM 0^ >
0^ CN m m f^
cMc>jr-.ac- CT-t^oo
inootjvtn ooto-^
r^ c^ -o o "
:^ e^ r-i o c
^ r\ f\i m c
P ri 00 CM 0
-tf m p\
n m S
^ O O CM m f
"n^HC^incM mm^
b'^OC^f^CM .HOto
2^
II
£-8
CO \0 >D to 00
CT» •>» O* O ">*
O -J m ^ m
> r-( O*
in -.J p f^ -J C-- f
r-< '^ -t "O <D u\ r
N O^ \0 0> rH m c
\ CTi -J fM -.* o- m
^ a m t^ -J O^ t^
> <M f\J O 0 CM C^
- m -o H CO
3f\l -^ (^ t-i
m P t^ oj
CM -C O^ f^ (N
o C4 r-i a^ t>
H (M en m
1-1 CM f^ m ■o
m CO r-
m 3 ^
5-
jsas?: 8
>j £> sO 00
rH H m P
rn \D in (^
3 o in %r Of
>J CM ^0 -5 (^ f
■\ «-( in s6 CM <i
iH kn o « (-1
p p r-\ CM O
to 00 r- 00 c
cnpCMCOrn .-ivOS
mC'C^'OrH moNin
j-f.-^c^rH a>coto
r CM -4 ON •< m -o C--
-C»->J?M(M P-ffi-J
o to en c^ ^ to «
•^ i-t ^ o^ >e\ m f
(^ m C-- f- c- f^
> -sf r- c^ ■-*
> 0> O CM to
- O) O* CO ffi
ocop\ooo njOf
-^ O >r\ t> C' f^:nC
CM .H
f^ 0^ ^ g
00 -T O C
^ O* eg
•Ot^>OtOlN f'\,H(M
II
>Oi-l-^OCO lArHf^
OO^fPlAf', H?-r-l
t^ lA 1-1 m m r"i 1--1
~ " -o 00 - - -
to f^
^0 00 CM O V
at^ ^ rn o
<N >j 00 y
to 1-1 CM (>
J -J to £-- f^
J CM f^ f^ \0
P CT>
3^
CM 0» to C--
POOOr^CM tD^-^0
f^ in r-- 00 P' m
■ CM CM p P CT» H m
HHmooo ^tnr-
OOf^c^to ooom
CMiNCO>jt- (nfnm
Q0(7iCMCM->r 1-tr^rH
C^>ipinri ncM-o
rHt-i-Oi-HtO i-(»OrH
mooiO-«ir-« o^<n^-^
Oi-fi-*>or^ [-\(MP
i-tc^f-imO "^--fO
C^mxOinin eoc^to
r- t^ m m cj. -rf c
xO m m C^ -.J CM -J
in p lA E^ CM lO f
to o r- 0^ to m c
h 01
MS
IS
^■r^^o^•(M c^mrM
■«joc~n(n ncMCM
>n -^ o <^ <M M
ON sf CO
S iTi to
<f\ yC r-t
Of*^CT«>tP omu
-J \0 c*- ri m 00 r
fH rH r-t Csi ,-t
n ^ (^ CM sD p CM 1
C~- 00 iH -^ m ^ O I
>r O -* O -t P CM
CT- P- C iC (^
CL'tor»r-.eo mino
tr. t^coa>>0 >toiin
ss:
D-ooc*«oc- r-inc
CM r> f5 N iH 3
■^ O (M n ^ i-T
(M0Mr^O<-l OOr-lu
r-cMr-^o ^(Mi-
O m to C^ «n CM
SCO to c- (M {^ p\ o>
Q CM lO fn o^ 5- m
<^ «o m 0 00 m iH
t^jJCMm-sJ ^O^Or^
•fl *0 C-- a> m CM
r-l *D CM (^ iH -,»-*'
CM CO 00 CM a> C^ (^
<-> i-l 1-1 »n ^ CM
g -
o
5 -o o o "ft
„-2 »» »■«• g
u u u e> H
ta u 0) cj a> 1
o rg 3 3 p p
•g -.-op P 5 Q
»0 ^ m CM -c^ c
•»-«4- I, o
t4 i< oj 01 o -a
iill §!f
•g ■>. lO o
3
o »o o P -
-O CM m a-f^ o
m H -•^'•4' ••» fci
ti (4 41 01 01 ^
5S*.*l 08 :
IIS!
O -O P
Li t4 CI '
V o rs
§U h U V i) ^ •pLikiCi«t>
OCV33 pp ocm33
t< o> e
««8 8 -
8S^-°. 0-8
O -p O p m
^O <N m CM -t^- «
m iH '«»"«9> «» (.
ki ^ 1-1 V S
(, t. 0) O 4) Q
« to 13 T3 -O S ^
3 n -P p 088
;cMrf^r-^<M inrvm
8=.°
5 =-11 §§ §
g »^3
J « -o o p i
: CM m r-J IN mS c
■o - -O P
m CM «■
1 •> "O 0000
: CN m H CM m CM m
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
55
s ?
> -a
Sc- >A o *o o O r
o n cy r- to >i u
iH rn ,-( io m [> sf
Kiaaa"^ 3"
>£) in c w t^
\0 H O
a> fM O rH t^ "iJ Oi
>o CM c^ >o m £>
sxqHOTlddB !}.on
~ Q} \0 O D '^ -4'
J O O ul F- CO «
^ r-i w o^ m CM rH
s :
- -tf n -sf c
\ H rv -J u
r n m -} c
b- c^ -si
-,]■ -J t^
C^ O 'O
nmb-inm otncj
b- iH r- vf to
\D iTi n tM (^
in ■^t H vO >t
^ ^D CO CO -4- (Ji O
3 r> ^O "O CO W O
J rj CM nj f^ m rH
^Ol-^^Or-l<M -jmo
s :
8 :'
r^ IT. m o\ O- rn 0
r^ a> •-( H >t C^ f
C^ \0 O CM rl ifs \i
CM>JPCT'C^ CNlu~in
<?■ CM \0 \0 vf
rH C-- -4- fn \n
CM C-
vO
A:f.
-^t vO
(Jv \0
U-1 Si-
H rvj O £> rH O O
iin tJv C^ r^ lA 0\
r-\ ^ m O O -4-
So m -d- o-i
- -vt O) f'l vO
IX CO O c^
0> ^O CM n^ lO
CM pv vO rj lA
O S C^ O \0
g-S
-J m >r lA >r rH r-l
<M \0 lA C^ (^ r-\
H C-- C- CO OJ
S M to H Q
0^ CO \0 iH O
CM to CTi C- OD (M r
CO lA lA CM C5 -J'
a^ -^ r^ CM i-(
CMCMCOOvO COvOC^
lAfVHlT't^ cosro^
-t^g-t^Q tgiAO
^^-^OCM^D ^O-JSlA
r CM rH > Ai O lA to
■is
O O
coob-op' r-r-o
CMffltDC^H tone-
8 =
iS-8
vO-NtO--ltO NOpvt"
lA vO lA \0 ^ iH iH
CM lO lA t^ M i-l
i:i:\
f^ -sf O H M CM sO
1-1 H H to -J- c^ o>
vf b- H O O >D sr
■-• "St "i H H tn f^
CT" >D vD m H -st
(^ vj rn CM r^
rj H to en *"
CM rn b- CM f
<J^ P^ -D O CJ>
-* C;- -^t O^ Ov
to O AJ lA lA
-JHCMrHOi 0<T'r-l
O f^ CM ■>!■
rvj f-( r^ E'-
en r-l \D o
CM ■>!■ vO \0 r-
C^ 0\ \D O -J' \0
5 vO lA O a^ \D ^
J lA Q CM m r^ n
r o 3 CO vi o r-j
»A O vO CM r
rn lA t^ lA \l
C- -4 \D CT> u
oT O -.r rH
(n t^ r-( e
»0 fn H r
(?< VO r-l -
lA CO H 0^ ON lA (M
>f tn (-1 (M lA C-
0\ tn ^ -* cn
D- lA ^ >A CM [> 1
OJ b- lA O H
OS >f rH rH
^ O CO -^ (H
it
g ?
i£) r^ ^O O lA
\0 a> to CM rH
r-t -1- -st ch <n
C> iD CM
n fM fn
to -J ^
rH CO O
CO vo CM to r
AJ ^ vD en Ov
J O CTi
1 to ?M
J r- CM rn "^ to fn
1 m O Ai AJ t> iTi
\ O ^- ON -H vj O
0>COC^mtO QmCM
CMiAC-C-ON SvDCM
rH AJ AJ
i-J rH r
STQBOfxddB iON
^ CM O vj- O CM
vOCJ\OONtO HCMIA
CMsf>riAiA vOC-Ai
HCMr-iCOO ^C^vf
■T C- b- 0> P-
' " H rH CO
] CO CM
b-iHCOfAya OnOnO
-JCOiA^tO CJNIAH
H -^^ c- r- tn
sot- M lA O
C- CM CO CM H r-l f
>£1 Ov CM O i-i r-i C
^ ON ^ to o to t
q CM CO >t H
-^ lA r- t> s
rH n lA -J
r- ^O O rH CM
-J- o -J o gv
rH CM CM
C^ -4- b-
r- f-H CM
Al r-l CM
C- C- CO
OD lA C-
vT r^ -J-
6'
C0CMOC^AJ ii3HrH
lOiAiAr^rH Q\ r^ C3
C--lA>flAr-l f-CMiA
r -4- (5 r
CM pN r-
-i S ch
\0 ^0 O
lA -J- \0 \0 CO vO >A
O CM -J o> m >o -o
AJ O TO >0 >r f- TO
C^O*r-|NO-^ON-JiA \0
f)HCMAJ\ifij(J.-.f p
r-l CM >!■ b- lA .TO
O O C^ «0 nO
o lA r- m ^
>)■ nD H lO m
N -f c- c- o> o to f
r O O rH lA
>J tn --t "A lA
01 D. t *■
iAr^iA-.J-;J- -OtAr^
CMr-ONONff' <M>OTO
0\ t> -D r^ O AJC-O
TO nD On CO C
to \D On lA C
Al •£) lO rH r
lArHniHrH OvO^
0■-^-lfnC^ -.fiAi-t
^OTO-.J^Dfn TOTOON
-jiAiAvpn mc
r H CM O CM TO c
N nO CT- O nO
OOrnCOCM Ait-iA
r^lAlA^rCM CMC^H
-OnDvOCMH Hi-1^
rH AJ ^ lO lA CM
TOTOrHCJNm nTHnj
b- fA >t -st C
TO •< AJ H r
H rA lA V
t> O- CM CM O
O lA O -sf H
r-i lA C3S lA r-
CM (A CTn lA \0
fA a> O C^ On
en ^ TO (H [>
C^ nD rH TO vl
r- lA On •£) m
^ ON -si- -J- -J
SnD cm
\0 r-H
iH H C\l
1^
CMtArHOAJ TOTOrK
f-tOOiA-J iAn\^
O^JAJrArH tn&m
O -4- O «
§23'
o o nd c
CM C- TO C
1 nD ON O nO
OC^fAO\ON lAAJb-
■ yD O C- CM O r^ lA
I CO TO O lA CO r- CJN
V o o c^ -.1 m rH CM
!S3
IS
m TO cjN -J 0
i tn ON lA On
N c^ S CM H
^ fA lA \D ^
1 On fA O- CM <
lA <A r
rH fA nD TO m
AJ C- TO ON On
AJ ON O lA -,!■
nD ■£) TO On CO AJ
(H ON £^ r^ CM
H lA O (JN H
>£) C"- "A NO vO
3 O^ On TO -i u
^ c- r- ^ roc
SSS;
CM(A>0-J-H C~--JO
SvD -J- AJ lA St O *A
^ cn O TO ON O CM
CM CM AJ AJ AJ
O O O O
8 0 » -
*o O
•nO cm lA
O f-. f-i O lU
Q (U 4) -a TJ
lll§§
■«■ o o
8 0 o o
o o o
0) o o - •>
•a - -o p
C CM lA H Cm
t4 <v S
1§S
POO
o - •«
0-88
lA CM lA
lA H «--*e- -«■
) ^ ^4 (U (U 0)1
J 01 0) "O -o -a I
-lO AJ lA CM -69- 0
-o o
-«.«." "
§3
'Ht^^53
X!H
S 8 °.°.
^r.^-'OS
o o
8 I
SCM lA r-j CM m CN
3 -o o
•vP CM lA
o "O -a G c
a? § § 3 S
oops
t. o o o O I
OJ o o ■* -
0-88
u p P O
S "nOCD"
~0 CM lA
lA r-i «■■«■
■t9-«-
h F-< a> a>
0) Q) -a -o
11 §§
>.sg
3 O S O p O
3 O P O - -
J ■«*«>■«*«> ***
88
O P
i ""io^p"
-P AJ lA
■«e- o o
p oo Q
t4 o p o o
0) o o - -.
■a - -<D o
C CM lA H CM
*»■«■«
66
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
s ^ : i
SI -
r rH in rH iH i-4
^o ry S d -o
to >0 nJ <M -.J
as^
'3 R
-tcooc^eo >r-oc
rH TO p> O -J I
sD T\ f~- irt fH
m r*- OJ TO CT<
1 r^ (M TO CM i-l
^ O t^ P »n C
^ in TO P ^p r
- TO fM rH O f
S vo P w to
J m O >t -^ vT
U S 3
li
toTOtn'^^o oto^
J Q »> CV ^
li TO Is vD r^
) to (^ >f cJ
m in lO o* TO ^ 0
c^ ui m m o * r-
O t^ CT* -* t^ C
f-r>r<n m rH
R^o m o (7> (N TO
^ p -5 oj <N •-•
rH O^ TO <^ r-I O] ON
fvj >r m r^ lA sD
O tn sO iH H H
•u ex
njQHO(j> fvno
TO ;4; o cy ;J; I I I
D C^ >t O
J H H H
m nj to TO C
>r rO (M oj p
Rnj i~-i 0\ m rg TO
g> to pj oi rg M
^ O m TO H (MO'
Ml f^ p
O* (^ nJ TO tn (M I O
ft) Oj iH r-t O f- m
rv (-^ o> f^ t^ \0 lO
e-8
H^'HiOr-i TOO>\D
-^ p' m oi u
-^ 63 in r> o
\D 0* -O n c
5" 53^"
SO TO O O
1^ e\i a- ^
o o o f^j fn
-J o H o ■-•
rH fH rj
■i) O'
>0 m Q f^ in
an ^ 1-^ m
m t^ 00 H
•^I Oj t^ -* H
m p c* r- fn oj I m
> F- o >o o t»- ^o
f\j '^ (M -* r^ >0 "O
( >0 r^ rH OJ ^
^ O f^ P- k
r^ >t r^ rH (
m rv m O r
ga;
rH m r^ p c
rH H «n p «
O O TO 1-1
*0 CM C^ (^ m m c\j I
r\j TO r^ ff. C^ -4-
rj (n -tf &• f^
ss;a
c^ o* ^ m I
oj p^ o*
o* r- &•
ri rH r-
m (-^ H
\D in S -
C o* -J CM
TO TO TO O^ C\i
P3;
O O rH rH I
nj TO f-t m f- ^ I .
00 <^ S (N >r -}
S-i.
c o
to I
> -o
H 0)
li
CM\D-ieoo ^^n
vO O \0 O t^ 00 \0
vf CM TO a» rH CM fn
^ (^ TO
iH t- O
nj o^ f^
'^ O ^ nj
^0 TO TO m
H c^ O" in I I
>CM<M~Jt*- 0>00*
<M CM vf rH H OJ H
4 f^ -^ m t^ r\
^ C> O in c^
as
r- -j^ nj ^ (^ lO
f^ CJv O \0 TO
J in MJ m CM
m rH Q -c m o
CT> (^ >0 t^ \D Oi
ON in in TO (Ti sO
m >t t^ TO (^ \o
•c >£> 'H m ^
o •< vo «o in
rH CM ^ O rH
N TO TO ^ '*^
) f\ vf ^ TO
> <^ ift CM f^
S sO P
rH IT- O
J SI 15
£5
8 =
rH O CM C^ O O^ w
r^<^«OiricM 'OrHt^
QrH'OTOr^ O^ 0\ O
rHOrHOf^ \0--J-i
<7t \0 TO ^ nO
rH TO r- o t^
t^ (^ -1 f^ <M
fM nj -J rH in
(^ t^ ry m -J
-.T -O CM CM CM
lOt^CMO^ C- i-t to
SON ON r-> J nj f-l o
o» nj ^O '^ -O CM (M
1 n ON (-^ CM -st P
CM-sfrHr-lf-lCMrHF- CO
nD TO nD TO C-
j ON in TO -sj CM m (M
- CNJ AJ lO uS OH
r4 nj nj (M rH
) -.t -J m vf
1 CM (-1 On tjN
\ -nT O r-i nO
CJN (3\ CJN [^ c
CM f^ nO f]] 0
5 m ^ CM CM CM I
J TO in r- in -j
<\i Q t> -:i g-> OOO
S-D -^ p TO TO ^ H
H lA TO n rH >0 to
CM CM >f TO O
C^ O P
ON rH
J 5 ^ s? ^
< CM (jN (j» m
3nO O u
r- CM o
TO r-^ C
SON ^ m H p- u^ r^
rH TO On b- O t^ -^
(7-CMNOf-C-- rHCMtO
(7- O NO H C
f^ n CM n£) u
r-l CM nj r
nt in vo TO n
rH o m >r n
>f nj in -^ r-
N rH cr 00 %i
J -J' ^ f^ TO
m in rH CM rH CM I
ON ON NO c^ rH no
>J ON TO rH CM -^
nO Nf CM r>j -* r-
fSJ (A "O ON NO rH
^ rH ^^ TO TO ^ TO TO
iftTOOrHQ 0>rH>I
(MCMrHON^ -Or-lf^
3 o r^ N <
TOOniOnOCM »OOCM
in ^ in TO no cm to
•o a m in o -^j
NO m NO to TO nO r
CM CNJ nO NO P TO t
NO TO m >r F- ON
3{J» -t -O C^
rH vS O >!
<j> nO --r in t-
-.1 NO p -o r-
tfl fr, TO ON O
CJN TO TO nj rH
ON TO -.f ^ CM
aa;i
NO (^ TO p NO
ON NO O ^ nO
en '^ c* >i >f
gN I I
nO TO O \0 nj
CytMCM»nON OsC^r-l
« C -H
i <j x:
I & "
•O rH C^ iTi in
^ in -O r-1 rH
ON ON ^ cnJ Nd
TO f5 c^ 8 P CM
CM ON C- C^ On cn
<o io r<- -^ H
r^ TOTO c^ m
j^5ass
n CM CM CM f-t
CM in CM in c^
ON o TO 3 S
m rH CM nO m
rHrHcMr-'O ^mr> oi
c^r^r-^ONr^'nc^
I
po 8 §
Jill I ^°
-g * -nO p o 8 8
_gcMinrHnt infMiA
-0"° m
in rH 'l^'V^
S =-11 §§
81. -
lis
TJ * ^O P
§8 •« * p 8
»o o o m
•>0 CM m CM ■«* u
m rH -w)"*^ ■«■ ^.
■«*«■ *j Q
0)00 -N-N "NpC
•g » -o o o o c
ccMinrHCM mcMu-
_ 1 U ^ <
P 0) 01 -O 1
a 9 = _ .
8?
o «o o
•nO cm »n
as***
U U O t)
= 11'
O in
*t"
L. <u e
S 3 o
e -po 8
»0 CM m CM
ki t^ a> a> 91
a> «J -a -o -q I
?8
•9-
is g
B»
■88
> CM in
-O .. lO p
J - -nO p o p c
; CM m rH ^ u> ?y IT
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
57
E-
O
t° Ji
01 Q. ■
o ej
H 0)
i :
15
IS"
6 Z
§5
-H 0)
II
I I I I I
CO Q O «
rH O ^ -.
vO CO CM
|g§g;
»r\ I c > t- vD --t ir\
~t a try r-t v\
ift o »n m «o
m t^ C^
rH rn Tl
>t H H
J O 0» O f^ C-- O
J r\j c^ -sf \o CM Nf
1 <ri <j> lA r- rg r-
(^ \0 OJ (M
3EJS8
jp^a
a o to r- ~i- cj
1-1 ry -^ r- u~* 'Or
r-l r-t -^ ^ -^ Oir\CJV
S-4-NCMt^ lrt0»0
OJ m CM ^0 (^ i-t CM
g* CM O^ iH o
P- O lA CO C
CD CM C^ [^ C
J ■-* \0 %t 00 O CM
C--CMrH'£>in Of^>0
r^ P- O^ 1-1 t--
C- in vO f^ lO
0> t- TO m r-l
CMC^fn-^rW CMD-O
WCMiAcmC^ O'HCM
3S S;
H
r-
ITI
5\
fl
-.t
ri
CM
CO lA O^ \0 to
H -* CM rH en
•^ A yr\ y£> \f\
(^H^Olf^H *0\OrH
O^OmCO>A -fC^CT'
J lA O C^ to n lO
H CM c- -J ^ -J- r-
\vOr^iAO tof-O
-CT>C--000 n^[>
H lA t^ CM lA -^ -J (J'
1 to t- O rn
J tn to C- ^£^
> lA sT CM to
^ lA lA CO tV vO vD
3 CM CM cn to lA C^
r-i (M >f vT rH CM
voc-oc-iA c^-J^•
fn^^-4■f^c^ cr-vOr-i
< CO (^ CM to CO c^
- CM (M --f O^ lA c-
rH Oj >J -.r rH CM
3(M (TV vO O CO CM
Oi -J- c^ rH en lA
\ C^ C- >t\ r-i to lA \D
= aa
--r n rn --J -J- r-t
688
o o o
J o * -
5 -sO O
-O CM lA
8S
C*- 0> o5 u
\0 Q O H CM
C S vj CM CO
^O O lArH ^
m t> >A rH ^ I I CM
-< (M CO vO 0> vO
H O CM lA -J r-
vO O to rH -st
lA f^ CM \0 O^
CM CO tn "A -*
to CM t-- ON
lA O l> lA
cr -.J- Ai
■\ r-\ O <r\
^ C^ iH AJ
- H CM C^ Or
ov>Doav" ■" ' '
lA C-- CO CM
;3:f
O O en (M r
CO (^ iH O «
H >r tn o c
CM CO r
o sr y
Aj 3 3
|1|S|
I § i
•.O O Q O O
\ H CM lA CM lA
OJ o o -
2 CM lA H '
CM '«fr-t»-»»
Q (1> 0) T3 -d T3 (
: CM lA H CM
S^
as
at
ID B
58
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
m -t n^ 'O e^m o*o-
n ■«tm<OC^TO CT»Or
(M (n 2t
SUB a. c 0
- rrl 9 o 9
5§
a^i
Ih 1 I C », CO
P. o g „ a o
sssis-3£
>H O t^ ♦J 3
0) O t> 0.+^
^ a 3 41 -H
J p 1
Su a
P.
_ t3 -O 3 L.
U d a)
V u u
5^
•as c
0) S 'o
t3 t-t T3 U m
gessa
& ^
t< 41
fit
■g 3 » C 0)
^ o g a J5
u
<
O -4
■■O (?
CO (^
CO to
Of^fNIOOul (Mt^O
to vO O} iTv <-i O OI
^ in r\ I o
>} >j no OJ fM vO
o -* ^- rH to J
< rH rS r- (J\ fV r\J
\ f-1 rH O C> n-( Oi
3 ^ iri [^ a\ it\ 1-4
> r-i to -^ >£) ^0 <-<
■ 1^ CO \0 if^
c*. m o 00
_ C-- o nj CO
CO o o o
N O iH to -4-
1 fNJ -X) C-- -J
< C^ rH O O
O >t r-
OC0fM0»O (nCT»-»J
•strjcovtto oSn
t^ 1^ (j\ r^ r\ \D -^
P» r-l 0> -.f r> 1-1 rH
>o o 00 > o n >»
3^ m rj oj o to f*>
in ijv 00 C- ^ r-i ^^
00 ^0 »ft r-l r
ni CM r
CJt^tC^'7* (MfnojrH-o coiTiryry^D
or^or-o* to-Ho^o^c^ tnrHC^toto
rH^^DOvCO O^iTlCVirHrH t0•Of^JpHf^
3 ^ n -H
^ ■O -H ^
>£> t^ r-( 0
3 o o r^ m r
C^ON>OOfM ■-lOf
O C^ \D I (^ O f"
rj «o \0 ir> t-
f^ ^ OJ .o o
■tto-^ OTOcvjcMO tvo^<^eo
-_. — ... — -. . -j-TO-^C-fM
■\C-OCMO> -^fMOO^-J-
Ot^tO*--! ^TOTO>\D -si IC^ ICO
tnvOf^OCO i-<,-Hnj>n liJ n rH
(no^--ja'fM to t^-HCM
•>t t^ O* irv C^
(\1 u~, lA (^ rH
H O vl (-1 >t
iA-.tOOOf^ flOfMvJt^
vOr-^>0>r\f n-^P-iAOO
tOrj-.Jf^O r-lrHU-Vi-J
t--fnrHvD>0 COtnu
\0 TO M %0 C^
rH ^ O ^ »A
■H vo f^ CD r>
ryrH^fvoo r-o-jo
m to rH a\ O
oj -^^ oi xo C:
-} rH TO CO O
) (Nl f^ rH rH C
■l rJ OJ -.J C
rH U> ^ OV ^
Oi 5 O OO >
C-C^fMOrH ^rHinC^ir\
C^ln(^Jo^c^J inTOtMrH^j-
)>tirsQiO ^mTOC^n TOOf^fNiA
ICN^On -^inrHS->J -J'^rHrHvO
|r-ic^^-r^ c3cMf\ic>jirt cOrHt^moj
f^OxOTOC^ f^f*^iAOiA Ou-iCT><TiTO
OTO\0C*-»0 -J-rHrH-OrH •J't-'Or^iH
■"Orj-4^rH iflr^coojm M>oc^iA--f
^a"^;:!
lf\JO'->JrH OJrH^CrHrH fycnvDf^vO
IvDvOrHm OC^rHlA-sf niTllArHlA
Jf^f\)rHrH tnC^OjrVrH 0'vOrnc>->j
ri tv CO f^ O
\D C^ TO rH r^
OS o \o r- S
t^ t^ n oii \o c
OrHO;-^ -^c-i>c^(v r-t n r-i \o <y'
>o -^J (M
TO TO rH
u~> m X
0> sO
i§l
t;3
rH ?irH rg
PS
<r\ \D r<t
<^ \0 ~4
O -O "A
t^ 3
(^ TO
-^ (M vO
C^ n rH
TO C lA
(J. to •£)
lA CTi Ai
^ t^ r^
-D lA (VJ
333
r^ C^ O
O u-> Ov
CM vO AI
CO C^
<^ rH
O C^ CM
\o o o
P- AJ
a« cs) ^o ot —
C*> [^ lA (*1 O
rH AI O O
J to >f O
^ ^0 ->J A)
^ vO (VJ
At -vf r^ rH
t OJ AJ rH
O C»- TO IN
Kg
C^o^"
t-. CO
O TO TO ?^
■■O TO
tO O* r
00 >I r
TO -O t
a§s3
•■ -5 c n
g bo O r3
•9 n *"" c
•3 Q) E -q
5 o (0 AI
.O rH O H
rH C
■a d rH O
« -i* rt *^
•O -H -P ♦>
3 0.-H O
rH 0) P> «
O U a U
•5g% -
♦* I ♦*
c o c a jo
o j= o o -^
Tl 2 3 5
■^ lA vO C- TO a» o
;: 21 a
>>Or-TO 0»OrHAit»\
AI rjNT
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
59
H
CM
en
>f
m vo C^
to
Oi
o
^
a
en
st
m
•O P-
to
ON O
rH
CM
<n
st
m
NO
P-
00
0
O rH
nj f"
sf
in
NO
p- tn
ON
■"^ '^
■"*
r-t r-< r-t <-* r-t
rH CM CM CM CM
CM c\j CM nj
CM
en rn
tn tn cn
en tn tn c
tn
to fn
U~l
O --H ni in cr»
(Ji OS ->
m r- S
?
>0 rH P- to CD
rH in to nO m
NO O m en
NO
^
2§
m nO
CM nO Oi
m On -4 tn
NO
t^ o
vD (^ lO a> to
-T o rvj 3 --
CM CO NO to <>
O- st en sj- to
NO P:cr>
P;0 sf
to CM m
rH o * Ol
CM
■d
f^
.-1 f^
^
vn M c^ CM \
p- in CM -^
>r en [>
d
NO
CJN CT> P- m t(
en i-H CM en n£
en sf CM oT
CO
sf
CJN
sf^WCO c
rH CNJ cJs
P-
S
-J- c-
rH St \0
rH vO
St
o
p- st CM sf in
P- ON rH
rH
cv
>J st
NO sf
■-' vf
s
CM
ON
r-t CM
CM -*
rH m
P-
i^
c*
CM
rH
~
. _fl
:& vg-»S «
^ a>
^
■n t- rH \D rH
00 en o
o
Q
CO -n CM ^ (JN
ni O rH rH to
m S sf m C
oi c^ Q o tn
m en 5 en O
On rH 1 rH
s
> rH
233
tn c^ cy c^
rH
(-1 ^
\0
^O CMtp vO (\
m VO rH
o
p>
m e^
in tn CM sj
to o^
r-
CM CM t^m O-
c^ CO
>£) rH in CO c^
CNJ^
iC
ON^ON^
P^CM m
<n ON p-
cn
u i S <1> u £
cQ o ^ -a M 01
O QJ to
-^
-■fc^
o
to >n >-< »n
rH r-T
E'-
(^
P- O en tc
D- rH OJ oC
OJ r^
CM
^
P^OJ
NO tn
C^ r^ OJ in 1
■ili
n
c
O rH
cn
en
s;
CM P- en C
St rH
en
c
o o
rH en
rH
CM O
CM
.
(^ o
~~f^
CM vO tJ^ (^ O
rH Ol in
~TO
ON st P- O O
CM to O :J to
O P- NO w c*
o o> P- O
CO
^
en m
nO sf CM
m NO rH c
p-
oT O O 0)
f-| O C 0) -H
C^ -4-
--J
t^ > CM \0 »n
rH en O
0> ON NO m CM
cn <n CMC^
ON
r
<n o
00 CM e-
O CM CM -3
in
1
_
in -J-
C- VJ3 m
5
n
O
1
■O 0\ U~l rH n
-J m P- en CJN
no nj m c^ s
O rH tf^ CM
m c^ CM en
st^
p-
tc
m rH
ON__.n o-
OJ^>o nj^cc
nO inenc
in
b
n
SP
s
S," S^
nj ON
ON
CJN CM CM O ON
fH D- rH rH m
3 -°-3
ni rH
a
°A
^g-
3
s
-J
r.
sf -H
1
^ o\
' r\
C-- to 1 m in
m NO en
^
sj
rH CJN OOO ON
CM u-i P- CM n
(JN 1 ON in
r-t
ir
lO CTN
O 00 P-
1 to vO s
P~ CM*
nO
2 ?
rH 1X1
2
O ni r-t a
rH P-
C^
en P- NO CO P-
st^O st^'-^__0
r-i
nC
P- ON
rH CO C
^ Ov
n rH [>
-.!■ NO
in en lO .-
rn
u-
00 CM
rH OJ en rH
as
o
rH
P^^*'st'0N''rH
on" rH tf>
c
en rH
CM
■""
C^
r-
IT
:}"
CM -n
•-f o
rH
o\ o (M rH nj
CM NO O
ON
ON
m St St ON tf
NO CM NO ^ CJN
C- CTi O CM
to
-£
t^ CM
rHC-> -JP-mO rHl
1 >i
rH CD
S
m CD CM rH N
•nT Nf ^
CM
p-
P- tn o. en
ON
O NO
sf NO r-
(jN en en e^
ON
(0 o h m
tn CO
CM cn m
c
ON
«0 nt rH m n
NO "^ st 00 C
CM
NO en
rH CM CC
^S ^3 £
— ,
a> rH
o
en o
^
oC vD n?P^CM
p^ rH en in
IT
en c^
^
^
.^5^^3
a
CM
R
vD
JI
aa"'™
r4 r-t
NC
53
^
n (3 (4 u
CO a,
^
rH
"^
^
o^ o
in
n rH CT^ xO c-
l> (^ r-t
oc
P-
SSSSf:
a- CM P- CM nO
rH ON m m
00
nC
m CO
^ ^ ^
rH rn ON ON ON 1
<D B a
n-i .O
\o cn c^ nj m
sp!a
rH
(3N en On to to
rH to in
st
tc
O en
CM P- O rH C\
P- 1
a ID a
to rA
>]■ CMC
p
rH vO C\J tf^ -J
nD rH sf O
c
en o
NO -4
nj CO 1
» ^ Q,
i~" r-
s
(M CMn
s
o
P^cn dinin
\0 sj en c
o
in" m
•g-o-g
S?
rH CM
s
CM
^ CO CM rH
p-
O to
CO
CM
N
>f
en
a) n o*
V.
an CD <u
■^
^
■^
■^
<u
S
c^ r^
^
CM en o ya en
to ON m
NO
CM CO NO ON D-
?55S^S
en sj O CM
ni
^
O in
O en ^ (JN rH to -J
o
o si rH (^ in
a
ON
ON rH to (3N en
P- t^ o
o
nC
rH NO
m en p- sf rn rH 1
^ 1 ra
u~i m
.-
rH sf O*
sJ
m (M nO On ON
0N_ -*0 -^
>-> rH
CM
s
in NO
m s
CM sf 1
■h>
35;;
c
fc
in tn
<
to
3
to
NO
•-* ^ st ■-
ccTrH
3
■o
01
8
1
&
1^'^
Ol
*""
s
o\
ir
ni NO
CM
3
•Ha
"5S
rH in
~E^
>t to rH r\j t^
m Ch lO r-1 o>
O^ -!■ ^
>o OJ to
^
o
p- cn rH to I^
ON no o <n CO
in P- P- en
^
s
p- to
OOrHON CMNfltONO sfl
c
a> o
P
en O en in to
en CM P- O en
c\j m ^
CO
^ £^
CJN rH IT
CM O en IC-
st 1
■t^
^ ni tfMn
en c-
^
CO to m fn r~
-O sf ON to CM
P- OJ 3
sf
en c^
O cn CM to ^ sf in 1
c
o
3
a-^s
^
c^ to
^ o
5
en 00
CM
2
ON ^ rH rH On
p- tfl m to
CM m -^
nD cm nS
?
<n nj
sf tf>
a •-!
3
-H -H ^
-*
CM tn
n
r-l Ct
CM
u
1^ ti a
1
5
a-^
CM
CM
CM
'"'
'^
Y\
•O -H
"^
to en rH VO -vl
ON en rH
o
>J
ON nj m ON rH
to rH CM en P-
rH O en ON
m
^
ON O
OmtO enrHCMrH ndI
bl
c S fl
m vD
-I
to f^-.^ O O
OOO rH
u-i
-J ON .o m o
tfl rH tn p. p-
rH CM P- O -O
P- rH m CD
en to
cou-ino ONcnen-j- col
>-*
-p
CM m
O
m en CM cr
rH CM CM
(3N
u-i en m CM n
CM
P- O
rHrHin r-i f-i r-i r-l en|
1
<»^
—
f^ ^o
«
C^
to r
NO
o
CM rH nO ON en
>0 en m (^
p.
m NO
rH
P^
1
5
f-\ vO
i
a
p-
n
s;:;"^
ni rH
^
en lO
01
O " n
nj
CM
CM
s
•a
5
>-'
01
Ov Ov
~i
CM O en O M3
m CM [>
n
M
en rH O r- rH
nO en p- O CM
^ CO t^ rH
st
n
(T- NO
en CO er
ON st st rH CM 1
a
>
^ >J rH M f"
nj CM ON
-H
00 m -^ en On
CM ON CM NO P-
m to NO rH
cy
m 00
NOOOsf rHOOONO rHl
■p
o
-H tn
P ^
1
s
NO
-4 tnco p- m
■O
O m
rH-^rH O sf%f -Jl
S
■a
♦^ f*
fC
O 0)
?5
\0 CO
o> m r-
CJN
ON en -J^ p- tt
sf r^ •-< O
8S
P- rH sf
CO
o
:3
u
5
rH (^
-*
>
St
c
P- p- en njrH
CM rH rH nj
c
en
u
►J
r<
3
^
S
■§ -a
s
^
^
tn
K
3
^
1
n ^
^
to o^ to in C^
NO to rH
n
•-t
NO en CM xD ^
cn m sf ON m
O CM ni ID
NO
~1
to en
njrH-J OsftOrH P-l
s
?•
0) 1 •> Q,
rH O rH to Q
CO CM O C
to" CM e"
in ON rH
CO
ID
C^ NO in en O
•O -f NO 00
o
m nj
0> rH Cf
00 NO P- O O 1
5
ass. -3^
s
P-
o
P-
ON CM D- o m
in c^ en rH* NO
ON rH O NO P-
o P- sf Ni
•-I l-l
to cv
CM ON
rH O to O. rH 1
r7 CD 1
s
■a « 3 " s
rH C^
m
O
c
St rH (M en
^a
en
H
M
3
s
st
en
ON r->
lit
agSB
rn"
■H
■3
fi^ c S
~
t^ o
t>
CM CM to o> n.
nD NO OO
3
O
nj njcn nj en
5^355^
NO m 1 en
sf
o o
st CD C\
U-. rH O m O 1
m
O
^ to
o
tn iH N
H >r
r-
O rHm St sJ-
CM r-i
m
p-
O.CNIP- rH\DOcn ON|
g
1
'o
r-t V "i
£g.S
ni
S
s
cc
P- P- Xl rH rH
sf rH en" NO s]
CM rH NO CMm
CO en sf sf
tn rH
en
nC
CM to
ON m
en
CM
rHNOn,rH rH
■-I NO 1
§
r-\ C^
£-■
m
■<
p- mnj in
5a
CM
1
a " o
N
>t
m
ON ^
1
rH
^0 C^
C
rH U-, a- to c
m NO t-
en
si O P- O CNJ
sf en p- o er
en o O 1
CO
P-
O P-
encon) sfincooN col
01
>H 1
rH Oi
CD t- ^ ;^ U;
ni O to
Ni
3
rH :^ q o s
rH <n en NO P-
to
CT
ss
nO -f p- rH tn m ir
O 1
(9 C
-4- Oi
F
NO
tS NO rH t*- NO 1
g
h S 0)
iH
i-Tr^
p
«n rH >
c
to CO ifTotren
vO CM en t(
P-
rH
rH
S O -H
-H OJ
[>
m
^»M^
rH rH
^
O D-
CO
s|-°
i-
Z
r-
^
rH
1
rH ^0
^
to CM C^ m r-
CJN tn rH
~cn
to en to >r nj
O sf CM NO i
en rH nj ni
a
c
O OO
oinco rHinin-* noI
1
\a o>
S
C- ON O CM •£
m m m
nD rH o in ^
P- st NO sf
f-i O
ONsftM sfC-NOrH C-l
-a
CM O
rH m xD CO tc
nd en
c
ON
O st in O m
ON CD rH rH CJN
en nj en rH
NO
^
rH nj
P- r-
CM P- sf m rH 1
1
o
o'oj
-<
oT c
c
nd <^ ifTdco
ON rn p- en
^
lO
-4- o^
o
»0 r-
NO P- en nD
sT rH in
O 00
to
E*
o nj
<u
.-1
.n
m-
m
-J
r^
t
o c^
\0
0\ en to (T. C
NO rH to
CM
r-i
nO m p- m c^
ON en u-v nD CO
to On en m
CM
^
tn in
lO p- tc
CJN -J- en to cv 1
t>l>
r-
CTiiO-J-NOr- tJ-vncM
m
O
CM On NO en CM
SSSSfS
t- ON sf P-
ON
p- p-
tOCOCy CONOrHrH CJn|
rH C--
O ON ON [- C"
o to o
O
N
m CM nO CM s;
NO nD ON E^
sf
in p-
-f O n£
m rH ^ CM in 1
^-.
rH in
m
CM CM On'c- rH m >i-
^
1-
O to nO C^ m
f\j en On NO m
CM CM rH
en
s
,-1 r-t
rHp-o mtncMNO tnl
Oj
-^ ^
s
to ^ -r
r
rH p- to CM C-
O sf ON ON
P- ON
r^ r-l
ni
■^
S
nD P- CM ^
^
CNJ NO
o
^
to rH
NO rH
r-l
c\
ni
CM
y3 O
to
>J- C^ tn rH e^
en t> CO
P-
o m p- m rH
m sf tn rH tn
tn NO CM to
ON
a
St rH
t> 0>r
NO rH 00 O to 1
a <ii
m m
cr
o^c^O'ncM miJCM
ti
3
O CO O O r-
in rH sf rH en
in-^^^^NDCO
to nj in en
ON
c
ON m
CM c- n
-J- nD rH ND to 1
■^rH
rH
C-^CMinr- CMOrH
o>
ON ON CO ON C
NO to eg sf
cnsfcjN p-cMcnst sfl
—
o tn
f.
-4- (n CO oc
CM r-i
CM
in intn en m
C^ ^ r^ li>> r-
CM rH CM
IT
w §
rH CM sf" tn rH sf" 0^ 1
■"a
a
■£) .-
o-
ON
O en ON CT- m
O CM en rH
sl
rH
O
^
On
rH r-t
c-
^^
P-
s
sT
^
a
nj
O rH J- h
CM f^
C
CM -H r^ to tc
ON in -o
!^
CO
in P- in CM rH
m in P- in n£
O en ^ in
O
tc
fea
■^moo ON->fff)co ON
cjNC^tjN cn-4-p-ni to
CM P-
t(
NDcvjp-rHin c^c^nl
0
NO
P- ON P- m NO
tn -^ c^ nd
NO lO in nj
0
to O
cotorHino >tmin
c
I>
rH (M nj m tt
to CJN CM P- t(
NO --1
-^
fn to
f"
QN \o 1 — ( c7^ en r—* c^ m
O'
;}
NO ni CM en Nf
s~'"?2gs
in^sTrH
st
^
m" oT
CMrHNO C^-JCMr^ CM
C>
O 0^
r-
in CM to
E>
rH NO O st rH
^ m sJ in rH
CT
sf CM
m rH rH P-
f^ \0
c
-o
(\
m
-4- rH -^
(-
ni m
£-" 0 ^ +^
■§s
O
n?cM
O^OJ
cy
-J
sT
o
3
■3
sf •
at
to"
■P
H^
p.
tn
m
p«
P.
to .-4
^
8
i
01
V <n
'ra
■§
03
S
-"S
..S£P
B O W CM
3
a
sf rH
OJ at -H ni
rH
P
^
I
5
"^tn
^ rH O rH
^
0)
u
at
^'hl
rH "^ C
TJ (rf rH O
0) -P d -rl
S
rH
P.
P.'O
5
h
^^
5
o'to
•O -H +J +J
1
■H
■H
rH to
"v P.-rt "c
D 0.-H O
■§ K
iss
O
■3s,a
1
o
1
g°
1 g&S
rH IS P. 01
+^
a> a>
5-5 •=
ij.
"S a
0)
o
s
« to
IIeI
fielE
g
P.
^s
S°^
gl
c
s,"^
■c
a
n §
■d
T
aa t
.;=
8S3
E
o
o
O I.
ra
C
^ts§
avisg.?
' "gi?
Oj
C
rH
r-t (m
P
ftp. -H
CO " -
t
QD tJ
-p (
ss^^
+* 1 +■
C/cT "
M <M -H -H
at B c
. c
CO to -H -t-
!>i-P
a) o a to
• c
c- +J
SS g'SI
c
<U 0) "a 0)
-H E -H
■c
cm 0) -fJ « a
*j j3 m -r
N -H R 01
m 73
O -H
O O C
+^ 3 o
a
O -H C ft O
rH 41 tH t.
■r< -H d o
O
■p
t, tH
+J to rH tn
O j3 O O T-
T3
[^
a e 3 u V
•3 o c 0) -t-
■3-"
"C
■p ai a -H a
to d tJ -H 0
■fJ 0) t« rH
01 (h
P. O
-rl W rH rH ^
(4 tl
M (
SSSSi,
fH rH
U
■P +■
rH
3 0) r-
OJ O C -H P
^+^ -H
^
I3ll^
1. O p. ■*-* -P
+^ 4^
tn ^
CO P,
^ P -H +J
O HJ P P C
S5S^^
§ss
^£
M&SS
0. V
"i
o +J
Is&s
-§ :z z a i5
'p.
^
o z
£
a
<§
rH (M f"
sj m nO c- tc
o^ a i-i
c^
st m lO c^ oc
CJN O rH CM (^
st »n NO P-
CO
CJi
O H
CM cn>j
m nd p-cc
c^
r-
rH
r-
r:
r-
rH
n
C\
<SI
c\
CM
nJ
n cn
CO
r'
tn
cn
C"
tn
f
tn
654367 O - 62 - 5
60
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
\ nD t^ to O- O r-
> «o C* «0 0* o •■
I <M eg (M oj
5^-3 IPS
V-S O -H O
C V J3 D.-H
3 ---1 a) >
O TJ -o « t*
O 3 C » ft>
u o a n
<U q 01 r^ o
a> a -H 0 (J
i-J 0)
- if n
■a g55s
O T3 d i-
O O >
S5S
^ ^ u i
SUMO
^ 01 I
u op
« era
:^^ --H rH
3 d P. 3 o
0) .o o >H x:
41 x; o o
CD -a CO c ta
0] O -O O ^.
(^ -H 3 jj ta)
q 3 u a -g
■p t^ c a o
O M ^ O £
O L. £
- U •■ 4) CiD
m c (0 - ^ c m
r-l -H BJ ra ? ••H 41
4) a ra Q. O bo u
■H Q 3 H -a o)
b o o o -a o rH
ffl t, J= O £ rH p.
o\ o
O ry
3 5
ON S
^ sO N eo CD
3 r^ ^^ m ^
00 CM O C' -J >D f
lA CO o r- iTi \o
\0 o fH ir\ eo oj
C^ C^ ■-( O -sT •Of
vO vO --I O -} CO
CM t^
«0 r^
(^t--<Hr-vo »AO\'to
COOf-mOv •.JCO>f
r-'^f-ir-co •if^co
CO -^ O t^ CO
^ £?■ CO CD O^
^f CM C^ n >o
■I o > o
'1 tr\ o TO
s --4 O (M
CM t^ CO O ^
CM CO ^ sD "T.
CM O -O (J> CO
■-(M-O CMCOOO^C^
tA f\| CO -.J «o t-
00 CM c^ in r* o
^ ^ CM "O ^ to
4-^co o-^n^O'^iotMi II
ITl Oi m lf\ C
t^ t^ c^ r- c
(n CM ^ N c
- ;0 sO CD m
r- CM -o >r. CO
T\ -^t o t^ •-*
lA t^ *0 Oi o^
C^ ITl CM <ri -J
CO CM
to •>!
^ -f) C7N TV C^ lA CM
^ f^ O CM .-H r-
) ^ 3 CM r-^ C
r- ;£ r-l O* ,J-
o> to o> <i> i-i
«0 "^ lA >J- >f
IT'OOONiH CT>-^tOr
lA-J-vOf^CM iAiAvO<-
r^ CO >r r- o CM
\0 0^ to t- -«I f-l
r- o I I c^
;^sf
j^f^c^o oor-ooo \o.H[^^co
~0^^*^ OVnO^O^D*^ r^Qx^r--*-
r^ CM -^^ «A CM f^ CM
a>c^c^o«^o <^cmocmc^
ry f^ f^ r\l \D to 'O •O U^ r-t n-.
aCMCMtOiA MCMOC^tM CMS
lA CO C^ ■J lA O r7o
OCT- (^ CM C^ CM t^
^as
"1 >t CM t;
3 c6 >o O
0-^:JlAlA CD>H\OrH(;
r-^<^p■-^^o CMP-O'-t'j
i>-Ait^>j->j a -o •o -J 1
cr o.
r^ O c-
0« CO c^
C^ CM
^ (T-
00 c^
to CD
53
rH
o <o
.A <^ O
^
i>
CM
lA vO
CM O
CO O
•O vO
en o ^
>t O CO
1 n 1
n r-t O (^ O*
O CM >» CM 00
a> o flo
lA AJ <y
ON r^ i-l
CO "A AJ W
!:f;^?
o o
■~"S
\0 C- (^ o
t^ O ON sO
tA lA n C^
^o to -t vr
CO CM t^ C^
On \0 ON r^
o
5 ti.
4) a -^
W r-j (0
.-3
P.-H
■H p,
ffl o
I!
si
5°
O ra
- 0)
a> p a
o ,6 (o
p*a) dOQCDai>(
^<n-<-t M-r^taCnEQCO'C
411^0 •rt+JdOOP
TS-riH ^4lV4rHiH4)(
TtCXO. OP.P-P«J|
41 d ■•^ CM
(9 d •-• o
■H CB -rt
•O -H ♦* *J
41 P<>-< U
■O d P. 4)
3 u a B)
5 56^
n ^ o d
O -rt
4) m
Sn CO f^
O CO CM
6 *» 4) 2 o
ti ^
^ a 3
O c a A
o +» P *> c
3 V 4f 0) O
T) 2 2 Z O
C^ >J-iA>Or-C0 OnQ
rH CM m -^tANDC^tO OnOHCM*^ -^"AnOC-CO <^
i-t iH •-( lHH^^^r^ r-tCMCMCMCM CMCMCMfMCM (M
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
61
H
O
<
rH (\J
1
^ IT. vD t^ CO
On O rH
a
sf ir
NOC--tO ONOrHCMC
-J li"
■o :^co
0< O rH
CM C
st
NO c^ TO c^ 1
rH rH
rH i~i r-t <-i t-A r-
rH CM CM CM CM CM CNl CM CM CM
J en fn
tn tn tn
tn tn en f
tn
.?r
I — 1
tr> rH
(^
S";^st3
I rH n
f^
^
gs^j?;;
ONlANONOCn rHinOC^rH
~P
NO nO
rH CM sf
-1 CM -^J IT
CO
•H
vO 8
CO
in o
rHinONintO cnrHrHrHO
fM CM lA
(^ CO c3 o P- 1
\o
-.t^ rH NO
sf >r
QC
ON^rH O O U-
ONslrHstm CMNOOJrHrH
sJTO
CM lA P-
rH ^ CM P- 1
1^
+^ F* » B
i> (M
aj"
OT r^
NO
^
-^ t^ rH O IT
■3 ^ rH rH
" -sJ rH fsl'o
-4- NO
8
rvj
ON
CM cn u-
e
in ON
NO
^
rH r^
in
S il
S£S5|
^-
C m o
-^ss
ill
1
t- ^
c-
in On CM ON f^
in tn cQ -J t-
CM nD C-
~3
^rHONCMOS CMtnOOtOCV -J-mOtOrH
inOlOr^CM lAr-IC^OO lA^JONrHNO
i-l -4
lA CM [^
ST ON rH TO NO
i 8 0 -H «
+J CO C S m >
In +J g g m
r-l O
O'
O r-i
Ni
IT
O m
en p- o
On rH NO <0 OJ
to to
r\
CM U-. NO
oT CM
-sj- in
to
P-C>'ArHO_ P-iAlAP-IA (^C-INrHOJ
"Om-JvIP- O rHP-CM
m p-
" CM m
tn t^ c^
NJ3
CM rH CM CM
ON
&
s
S ^'~' '"'
tn m NO
! sa
ITl
jj^g g 0 c
S X "£ ■^ "£ 3
O 0) 0) T> 5 s.
vO vO
o>
NO O rH CM rH
O 1 o
~CM
<x
p-onon^cm :-io-vtco>r to inoc^
c
^ ON rH
«0 CO -.J-
rH rH O en -J-
o^ t--
lA
to NO C^ C^
lA rH
O
II
P-NOOnCMP- QrHrHl>tO >t rHP-
\0 O n NO lA O rH -vl -H <-i
Oi r\ Cf ~t r-i CO rHCM^J
0
o o
sT rH CM
cnTO CM <n ^
vO
to
5
^ >f ON
CO <-f
ON
c
CO o
' C> rH
3 "
o cn
^ '^ s ^ ^
fj r:^ "o T)
o
n -O vO -J- O
f-H r-t 1
ON
ir\ ■^ t> ■~l r\) vD^rnoNf
\ O -* fn rH CM
c
\ O sf
to CM CM
lA \D cn NO NO
On m m CM
NOnONNOCM tncMNOt^ON 1A rHCM
1 m lA
E2?)
5
<>4
3
rH CM to
n
2
^
intOrHP^rH p^ rH CJ -J
1 t^ rH
i" lA rH
CM P-
r-l
to
c
m ^ rH
rH
\ CMOO
00
^
^
nj
CM
£tS5
4>
'
(-> C^
IT.
rH O rH ON O
t> CM CM
n
r
rHcncNjcMO* mtomONO ONtnON-j-rH
c
3 OCO
nD O NO
TO nO rH CM <n 1
(- 0 -JS 4^ i
O
as as
C^ in CM
m
to -^ O in u-
P- CM P- o o
J tJN rH >o tn fn
ON C^
yj sr rH
CM w m
en ON st O CM I
tn AI r3 1
u^ o
\o
CM NO
\0 f*i m On ON \0 CM nO nO ' — ' < — 1 nO fn CM
g,
,a 3 :i a> -.-<
>c
r-co
-^1-
C^ >t 00 tn en m rH tn rH m
c
> rH P-
lA NO
c^
r-
c
i-\ r-\ l^
0
s --* TO
ON
„
O)
c-
"
S-o = g'S CSS
■-. in
>t
ON m 1 lO O
•-i 1 in
~oo"
a
-JONOsOn-^ OOCONDtOtO OIOnICM
t lA vO
rH rH O
tn tn 1 [^ lA
as
m
\0 iH r^ tn
3
CC
tt
ry lA CM m tf
cnrHtoiAC-- m fn rH
H -sf O
vO tjN rH
rH p- ^ -^
I
(^ -t On
oT
to
vO>tr-JrH00 to rHCjNlA
C^tDC^rHtM OJ rHrHP-
CM en rH rH
p
p
- S O
: si
en P-
o o
CT«
ON
p-
CM
"2
c: Ti _2 c n
r- o
,-H
O O Q <r, NO
CM -.f 5 o t^
O O CO
"a
"^
-jcn^mo inocovoco ^ONvOP-m
OrHlA-JOO rHCnrHrHP- rHIAvDCnP-
0
N «0 to
P- en ON
lA CM CM rH C-
V
D- ir\
r
J rH P-
P- rH NO
rH ^ lO CJN CM
p
■o P-
rH
!> I-" rH r- l>
rH ^
CM
(M to lA tfl^A
CM rH O ^ P- rH lA
t mco
NO m
rH «0 CM
c
c
1
"Ills
^
U^ Nf"
S
^
c
NOOrHOOm vO *^'^it
(
r So
J -3- ■-<
r^
a
83 S g>
c-
N
H 5 rH
-H
o
>>
u. '^SM
u
Xi
1
■-. njD
{-^
t> C^ [> mco
to m rH
m
a:
'"inttrON'"oCM-J" CMP^P^ vOrH
ONfnp-vocM o r-lsf-st
c
I CM in
O rH P-
ag^g si
CO o^
(M
to in r^ NO -J
to O rH NO nS
r£rH vT'^
On f-i
00 m (-1
r-
c
lA P- TO
i
o
ffl"
CO m
^
ON
Nf^m O
fM
p
C
1 In oi
3 SS?
nD rH CM
CMoT
rH ON rH li-
^ O
" P^
Q.
^
::
o
ON
'"
£> ^
rH r^
3 rH NO
C-
♦^
S
s
•8
1
c-
NX?
-J
CM
M
Q
2
3«l
^ t-
CO
vO rH CO lA >t
VS r-l C3''
ON
p
-imiACMOo p-cMmoN.
t-~ r\ ^ r^ ,-t
5 CM rH
rH m O
On m rH OS cn
5
■s
r:^ VD
CNl -^ .O --H IT.
NO O-
lA
cOnoo-*cm cmcnj^p--^ NOOrHCocn
' ^ H
t> O O)
tf> NT cn CM
?"
O 0^
-.J m (n lA
OO"' r^ S
lA r^
5
ON
CMOONCNJP- P-fMONONrH u^cMrHrH
.-^'ocMtnoo'" DO fnocM
0
p
- [> NO
CO rH ON
CM
CM ON CO
to
IS^
n p-
fi
K
^
CO >t m rH
nD f\J
Cn CM NO
0
1 2t O
o
S
Q.
g
-H
E
" §
cC
<N
>-<
^"
[d
g
If
01 -IJ
rH (M
vD
O CM (^ to tn
:JS3
>f
CM On rH C^ \
mcnOsfNO tDP-TOfn(^
c
J to o
ass
m rH TO TO P-
C^ (n
r-{
On m vO C^ f^
c
r-ltO-4-.J-O vOOP-rHC
\ CO en lA tn m
% P- rH
U
+j
'S"
0\ u-1
-J- nd fn nj
jH .O ^ ON
r-T
r-
ONO'JfNjrH ^^-Hfnvrm oop-tn
aToOO^IA cm rH C- rH CM rH
o
' to p-
f-1 ° -^
ON to
rH rH TO -^
£
r-l r^
•O
C--
'~'
p
tn CM rv i~
C- rJ
tn CM ON
?
H cn tn
il CO en
S
Cd
s
s
"§
f^
f^
CM
H
rH O
CM
o f^ rH CM tn
ON en to
tn
■.
5'!lst::;?S S^^RS "^oScJ^d
rHrHrf>fneo r^^cnoto inOtOrHrH
c^toooeMCM vocn-g-OrH rHioomcM
J rH TO
to r^tO
-O TO lO CM JTl
to
-O nD (^ (^ CO
>f vO o
ON
(
; 3S
nD p- c^
CO TO CM m OJ
H
^E =
•^ VO
NO
f^ CM rH r^ C^
OOO
to
en ON nD
cn ojON^ >r^
z
r^£>
CM
O t^ nO nD
00
o
ctJMap^-^vD in lAtnvo r^ r^ r^
0
" rH cn
r^ r-^ (£
r-T sf"
eiS
^
■"3
f:
c^
s
C-OD m S A
p- m \0
a
5 no
r CD TO
rH Jh
CM
<
8
^
nD
nD
--t
CM
U3
O 0) CD
"O f-H -O t 01
3 O C 3 £0
s. ■=
r> ir>
o
s^g:^^S
tn 1 NO
p-
Ni
IN <n lA CM IT
OnOIATOO >i-iAinp-.o
^ gS
tn NO TO
cn TO NO in ON 1
D- r-<
-4-
ON NO
-J
c
-JC^^nlnm to^-j-CMC
cn-^-OOrH iACMCMnDO
rHvocncMrj" co" >rc
■N sJ CM P- nD CM
p
rH o m
rH O NO tn ON 1
1
c
g
>r
_in to
ON
rH t^ CO -D
rH
to
2
J p- lA tn CM m
r-i
njO
OJ tn
<-] c
M en
on"
h-i
1
r-> 00
U-*
CO lA -t IM m
CM <n -O
CM
O-OCOUiJrH rHP-NOmO rHtnrHvDlA
to tn
O r^ rH
cn lA sj (M p-
1
•S =
<N (M
ON
O- lA CM ON to
C- CM nD
CO
ON-J-rHOvO invOrHtnrH vOP-mtOlA
3 O TO
,OTO ^
rH en in NO p-
Cf' rj
IfN
CO >J O rH
NO nO O
ON CM TOCO IT
rH nj p- m ir
■N CT^ On vf CM cn
^ ON O
-.r^ND
rH rH m m
°5
C^ rH
m
r-l i-l rH CM
On
c
c^fnlA-J'-tf in mir
S lO
p
r-t C^
m en
On
-J
rH
o
rH si
S sJ-
c
3 ON rH
(U
[>
c-
n£
en
H en rH
■^
A
&
U-. -J-
ON
TO O to f^ CO
!>• CM u->
"co"
f.
incMTOrHNO ■J^roOsl--4- ciNfMrHinNO
t
3 cn nd
nD P- st
NO nD -J P- o
nO lA CD ->J CM
,*
^
rH CO n p- C^
NO (M NO
c
cnlAfHc^(n cnTOsfmu-
1 -J- CD vf iD ON
; °^-
tM CM 0>
H
1
o> t^
n
c^ c- c~- c^ o
vO (^ rn
p
- nDsJOnDO mmcMNOrH sJ-J-cSICnJTO
p
CM lA CM
ONTO p- ci sJ
O (-1
rj
oTn
oT
nD^ C^CO
tn r^O
rT
en nj m ON -J
rn rHoTtcT en"
tl
3 tn lA
CM tn NO
i
CT- -vj-
t^ rH
CM
r^ ■'O r-l ^ ~i t> CJnO
^ CM nO
lA AJ
[I.
o
^ NO CM
CM
a
^ tn NO
?^
"11
n
(M
~
(M
ll
hI & 1
O (M
U-.
n ON -.1 rH CO
P- vO f^
-J
OTONOtOONtnp-O-rHtO CMrHCNiANO
o
1 cn CM
NO ON O
ID P- lA O ON 1
O m m c^ O
\D in C^
p
CMONrHCMO COvOfniAlA C^nOOnnOTO
1 TO 3
CM CM m
P- -.f rH TO CM 1
•-J
rH rH ON rH CO
SO CM i^
CMrHCMOrH NOvOtOinif
\ >t lA en CM rH
CM ffl nD
ON ON p- a
3 rH
1"
H-H [- " M
■-^
C^ rH
>
to in CO CO
r^^O
P^
"ojoTrHinpTcO rHoTtJ? Cn rH
' lAO
CM --t NO
^
^
o *o
n
=<
<-i rH
AJ
c
r-ONCMP--j-r^ ocM
_^ ON CM rH CM
c
! KP
lA OJ
ffl
s
feS C
(-.
n
-
H AJ
ra
(M O
CO
n to rH \0 \0
ON cn O
"cm
o tn o NO s]
CMNfliAfno rH-tONTOcn
^ en m
O in en
P- \0 CT> C
1 TO
C- -I
ON
t- ON lA rH OS
o
(MO-^-f-^- ONNOCT-sTiC
1 m lO tn CM 00
f lA o
to t> O
O CM tn vO CM 1
IN
CM lA (M t-- ON_
NO rH in
o
C3C^tdv}-r- OCMNOrHP- CM P- ON O NO
r-
H OJCO
u^ -4 cn ir
1 '^.l
3|
o"
CT- O
to NO ^"lO to"
rH tfCoT
u
simrHsDON OP-sJCMir
^ sj TO NO lA -o
a
h" ^"^
CJN TO CM
rH o -.1 NO to" 1
^ rH O
-JnivOP-rH ON i-tCMON r^P-
"■S"^
rH rH fn CM 1
P^ O
to . CM CM
rH
>J
•n O C^ O li-
O rH lA U-
c
^ CNJ R!
H
<N
oT
' t>?ND rH
r-t rH
3 p- c^
O
[>
>J
CM
rH
u
-p
i
0)
3
~. o
->J
oT
a
•H "q.
03
o.
JZ CD
01
01
j:
u
a
rH
i-i
c
01 C
-. -rl c cn
> 01 01 cn
L<
3
C CD
-4-
01 O -H CN
SSS^
<1>
p J=
> bD CD rH
a 0}
+J
r- p
^m'^C
■P "O
" rH ■"* C
t- c
L.
& u
n to rH O
T3 CD rH O
I
(D Q)
0)
P CD -rl
01 -P 05 -r.
a
a-o
Si
L,
U JZ
O (^
■O -rl +J +J
■C -rl P P
+)
■a en 0)
<i> p
r-t r-l
01 a.~H u
P D.-rt V
!f=
m u >
o
rH <U C
J= o
-o CO o. 0)
,H CD O. OJ
+»
m m
+J 01 -H
O tiOP
-p
01 to
3 tl CO 01
t. u
a.£ -a
■p m
VI a U
O 01
1
C CI
-H 0)
^ a
c
IIeI
■Ha (h
P
c c
<u o tiO
1
0, a.
(^ B 0) tr
P 01 F> T) C
U
+J -fJ to tj C
O CO
(U
c
■a -n
m
c
a CD a L. o S
U m
e
o c o
o
c
o
1
St^§|
a.
o
c
•-f <iH
tj
t
bo TJ
■PC "^
■i
O -P 1
Si
01 a C •
c
to n -H H-
>> p
CD O Q CO 01 •
<
^ -p
"i^S
01 L< bp CO -
C O C 01 ^
B
<- <i-. a to ^ to
V. 01 -P CD (1-
■P P 01 -r
ca -r" t-i CO en to
0 -H
O O (U 0) HI <D <D
H^ (0 O 4-
I
O -rl C Q. c
^ Oi U <.
■n p (0 o O -P
Fh V<
CO j:: 0 <D
O J= O O T-'
■?
f, c B 3 t. m
rH Cm bD (U
0) (D -O -r" 0
P OJ V. rH rH <J)
(-
D. O
P to rH tlfl
-H 01 rH rH (-
01
(^ u -HO&S+J
01
M " ^ n +
OJ 3 a) t-
^ rH CO
a
U
(UOi rHtOOCHJC
S>-P -P 0
^
x m TJ Q. c
U Q Q-pi P +J CO
X
CO a.
-H P P +»
U P P P C
■H
o H) a> to
+^
O ffl (0 OJ c
m CD <D <i> 0
a 0> 0) 0) OJ CD
01 01 (U 01
3 01 01 01 0
&
§1 ♦^mi-.zi-.K
o: s: z
o
O CO A. tS H
EH tj P3 te c
•3 a z z z
c
O P
O z z z
T) Z Z 2 t_
1
Fh <U
C3 Z
£
s
o
fHoj m-^tr\ia[>-co
ON O rH
nj
f
sJ lA >0 P- tC
ON O rH Al r
y in NO c^ TO
o
O rH
CM en sJ
lA nD I> tC
(^
■"
rH
r-
■"
■"
^
^
t\
(M (M
A
tn f"
e^
f
("
t^
in
C"
m
62
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
u
•z.
^
OJ
(^
•-J ir\ vO f- CO
Ov
O rH
OJ
n
•vt
lA NO C^ TO
o> o
__,
<M
fn
^0 t>
TO
^1
r-" OJ OJ OJ (\J
OJ Ol (M OJ
OJ
OJ
tn fn fA
to O
0
r- c lA vo «A
m OJ m
r-
(>
O TO tn r-l o
ssss
o> o. >i >t
rH fM O fn
O
r-l ti
3S
O ^ r^ to r\
rH ?irt
-o
■O iTi lO TO O
TO ^ O rH OJ
a
s;
-} Ol
5S3;
£S
sS
c
oj S "^^^
m
m
S
■H m
r«j
'^
-^
,^
fl||ltl|
5
^0
r- Ox to c^ro
r" 3
^ m CO
fn
S
•J
TO O ^ O IT.
Ol (n OJ rH (n
tn o» oJ -J o»
3 31;^jy5
On r-( (n r*- ir\
11 'S
3
Ol
3 lo o
O O lA
u^ fn NO c-
rH OJ
fn
- I.
■"*
^
'J
-oTrH
3S
Ov
>A S » t^S
SPIS
R
■-< m OJ -.1 o
ssEisa
S^i^cf
a
^
3§
g:2^
-J m o >A
-iTO ON >J
f\l C- >~i r-l
-o
r-« !M a- o -^
^ no <n TO fn
>»
TO C^ rH
u.
S
gg
s-^s
o
1
> .£1 o S r-
1^ ^^^
Ol OJ
(M fn rH
rH
s
m en
fn r^
O rH TO
rH fn rH TO
1
^^l
u^
m vo en
^
CO
OJ >J TO -J ON
__,
_
sgs
I ^ rt ^
§£
I
OS t^
ti
CT- --( ,o
>f «£>
CO
00
nj lA ON On Ol
Ol
^
a
t^ TO
2«TO
tn
52
^
ON
o OJ cnTO
CO r-( >f
ON
ON rsj
(M
lA
'-'
,ssss
?
oo rw
3
Ua O 0\ rH r-l
to CO r-l -H O*
u> (n >j
fM NO O
■^ VI rH
1
§
.f) O t^ On fH
^ O TO fn OJ
K * ^ ^
CT>
OJ
OJ
S3
u-1 r-l r^
D- TO
•nJ ON rH fM
On OJ tn OJ
™
^Stj^S
XI
OJ
s
sa'^"
-J- rH
>J
r-t
■^
'-'
♦>
&'t
(M
^""■SeS S3PJ
vf)
CO
^
wr,„„
g-N
» m B
f
~4
a
Ov"
a-
(n f^ ^'' M -^
sT tn fn .H
i-H TO ON
-*
r-
s
O -A
S3S
TO
X to OJ
'~*
,-H
1-
2 ^
S "»
\o
•OnvOt^sO C0CT>O
^
CO
o OJ u~, fnro
(?• rH ^ rf^
-J tM
Ol
1
•0
■o
?
\0 (^ c*-
^-
CO OJ r-( o TO «o (M a« r- NO
(n>^(n--jON CO •O^-j
S ^
•^
og 00
"gSi
q
o
c_>
1
>.
♦J
si
OD
CO
o
m NO rH
-( rH
-^
OJ
I'll
r^
lA O
oToT
o
8
ry o^ f^ r-< -^ vO -^r
co" c^
t> \r\ r-\ T-\ f-< mfnc-vtc--
>tnojONro lA cM-.r
-J fn OJ NO lA OJ lA
J^ ON O- ON
R-^ a
OJ
ON^
OJ
•r\ nD
O OJ
O C-- O O
TO OJ so r-
rH lA rH tn
nO
On
w
1
a"
OJ
<M
^
rH
^
rH O^
^0
1-1
•r\ >r^
sas
ON ON rH tn
(M C^ O ON
i
•o
?
o IS
CM u-i
OI f-i
vO
fn
a-
ir\NOC--c--o o«c~onoo* r^rHiATO
lAiA<HTOO iHiHr-lC^fn r-(lA
2 r-j ^ -nT ri ,H
r-t
nD
8
NO NO
^ r-l
g
lA
[--
r-i
o
Q.
OJ
i
l\J
'-'
'-'
a
S
eo CM
tn
C^Or^eooj >j-fM«)
t7«
u-v
r-l
_
NO ON
O rH fn -J
rH t- rH d
S
s
c
^
+3
:;^
-s
^
t^
(M
CO m \o >f rJ r\j n
a
?;58Sci ssgg;^ "^^
TO
SP
■^as
s
i'
2iS
^
f-
r-
O -J vO
m
-.J
gg^!;!::^ ^ "^^2
g
sa
lA
CO
Q.
1
a.
u
1
D
1
fn
£
as
^0 <M -.JO rH ^
vO
s"
3
OJ
ON-jc^c^fn :^fnooTONp or^JOJO^
OnOnTOC^iA nO •0--J1A
S
fn
SI
as"
-4- t->
rH TO U\
U. \0 <Xi
rH TO NO
On >f rH tn
P- n£) n rH
NO
rH
j; g s
?
S°
c^
fn
o
OCT.fnOO -.|t--CMiAiA TOrK
ON^tnTO'O ^ OJnOO <Hi-t
s
s
en -sf
asi
^ TO TO
ON tn m
Ol
^ojtng
s
2J "^
£^
tn
-J'
OJ
t>jTOTOONfn NO tnfntn
3
nD tn
33
Ol
'^
r^
a
o
"-■
^
■-<
1
CM
o
^J^ (M en CO r-l TO
CD i-Hf^
s
>-*
tn
oT
NO
^nOiAO-^ QOOjeO'-l^ OOr-l 1
P-rHlAfHTO TO CDOJi-H r-lr-(
ajoojnOaj -J r-TfnNO
»»a^ -
--t
g
ON C--
TO On
TO S
fn f\j r^
nD J c-
•o >t
>f jjt TO tn
rH C^
O
Ri
1
o §
"^
'^
tN
vO to
^SS?^ ^3§
OI
SaSSS S5S5ES sss?
TO
Si
?5
SSS
TO tn OJ
"sa
g:^;^^
NO
1
s
s<a
in"
g
o
ON'OiA'nr- lA tMu-iTO
O
OJ
Ss
fn rH
8
^ .^ ^
sS
§
-.t
oinotonoto -^iHtn-oo coji-Hio
^rHOlrHO ^ONQ'ONO^- >I-Jr-ON
rHiAC^lA^ OJOOIOJf- CMQ0rH.O
r-l
3
S5<
TO OJ
s?s
ON O TO rH
Pi
NO
ifl
^D
tJV
Q Ol tX) iH i-l <n CM
rH
r-*
TO lA OJ fn eg Ai
-^
o
(n
ii
rH TO NO
rH Ol tf^
S
S!
s
S-"
-
ID
og o;
11
I
o o
ii
CO
C-iou-xojO CMOnO
vJvDCOtMOJ ir>%OTO
O^^ OJ^rH %0 0^ Oi O C^
g n [> en H
8
i
CO
g
^ P- O C; rg O en ON O O- lo o> -* r-(
fn'O^TOC- c--TONo3rM TOr-ONtn
lAO-OlAcT f^ OOCO p-h"
p-OND-TOoj ON OjnON
g
oT
1
rH >J
lA -.1
f- NO lA
•>» tn lA
o> r-^oo
oo rj
2 553
t^TO rH (M
fn vT
1
CO
en
m
m
r-t
:=;
rv
sill
t%
.-1
<n
sa5ss SS5
A
(n
jjiA^tniA ON(nr-<i-«(n toio-oon
OiA(7'r-<ON ON-.JOOJTO in-O-J-O
fn
P-
nD
ON O
^ On
On OI
rH ,0 O
TO O O-
o -o »o
ills
3
s
3
-.1
<M
-i>
-oonO(j>ia ^fnTOfntn fnfnojr-T
TO m (n -.J tn r-i r\
rH
a
ON r^
r-l TO
nO >0
<M TO O
tn rH
NT O) -H O
lA
>i
«
CO
(n
S S"'
OJ
TO tM
OJ
r-l
2
i
o.
3
g
t.
"
c
rH
^
h
J3
■*->
O
n
s
c •
1
11
u
S^ "c
"h-'c
i
B
a.
tt
as
Ci ^
o c
11
1
og,
ill
a,
0
*
C
i
8
a
c
(.
1
oS
O C
II
1
1
c
t
I
>
\
t
t:
a
a
1
1
c
c
c
c
*
1
j
i
s
o
e
B
1
2 *
o
o
ii
t,
1
♦J
n
o fn
""'fn
01 a<n o
•a 0) a, OJ
3 o B <n
"SSI
n ^ o »
■g^ CO rH M
+> <ti C -a c
° n ° °
«^ 4-
O 4^ •J «J C
1
]
t
1
f
^S ^
e
ss
«
a
^1
r-'oj f^-^M-ivor-toc
O r^
OJ
tn ■>! if» %D r- to 0"
O r-i tM tn >J
lA Ni) r-
_ .
ir\ ^ iv-tn
Ti
"
"' •"'
^
Ol
c\
Ol
Ol
OJ
OJ
OJ
•^
n
1
r- a
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
63
O
r-l
(M
(^
^ U-,
* t^ CO
o
O rH
CM
r^
-J
U-,
vD
r-
CD
O^
o
^
CM
tn
^
lA
\0 [^ CO
c^
O
rH H
r-l
.H rH .H rH r^ rH
r-H CM CM CM CM
CM CM CM CM CM
cy
en f^
tn en en
en m fn en
en
5gJg.S
I
^ 1 1
el
g
-^ O CM O ^D
CT> o ^ c^ vo
C^ C^ (M (^
rH to rH to
Cv 1 1 CM 03
S Si™
cy
O sD
H^
CO P- OS P-
s
1 2 s -a?
o -a ^ J C
o\
s
^
3
-J-
<M
as" r-ToT
s
sO CM
^
g"
2.
in tn
to rH ^ f^ ^
CO •»!■
^0
S^^
8
8
CM [^ r-i rH rH
rH CM
C- rH m o O
§ JS3S
CO r-Tr^
3v to o f^ cy
03
CO
2
f:3
sD CM
CM rH
■sj CO (7- 00
m lAg
r-l
^ "
to
C^ O r-t r^ to
^'^S
^
2
«D O f^ n »
vD kn (M ^ O
> O lA \0 P-
> rH C-- C^ to
CO rH 03 rr,
£3 'S£
s
S?!
y? CO c^
^§^?(
■J 0)
I
ss
-i .-4' r^ fn
[>
i"
SSSfS"
a -""'^"g
ga
CM
en
n
-^'"
'^^
ri
J
o^
t^ 1 1 00 CM
1 t 1
^
S r- ^ o t^
m 1 CO rH CM
O ry y3
1 1 . . rH
o
PiS
^ "^ '
' '^§
en
OJ -H "O +> p.
O -P c c g,
o ry
OJ
to CM
iH
^ r^ (^ \0 '-I
o3 no
Nf O
sO
'i
o^
r^r:
g
^D
CO
■""S? "'""'"
CM
a
fs
5
■3
x:
o c n M
o
3
S
to
i-i o vo \o r\j
w'" 2 5
00
r 1 ^
S
rri
^D vo (T- 03 03
CD t^O^^
CM f^ rH r^
S-*PS8
t- CM ry
•J3 vD 1 1 in
r^ CM
en O
S2
CO in
^S8
so C^ C> rH
sO
o
o
O ft
inS^
^
OJ •-< -sT -4^ CO
A 1 o
3
CM
> rH rH CM -^
rH »ri to rr, m
C- lO D- 1 O
^
m CM
CM OS 03 SO
VA >l O O
rH -T
^
C
IT. r-( f\j <n r^
[> to
>J
^- a> ^J^ o u-1
>D rH C^ f 00
>o n tn o
ci
t- Oi
tn CO rH
aj
ffl S +j *^ ii
--r [^
'^
f^ <M o c-
CO
tn o* m c^ \D
fM cy -H
o
OS^ rH
^^M
fH
■2-
3 5
r^
^
3
CO
fSSSS'^"
30 rHt^oT
r^ CM
cy
n OS
>4D to
^
ry
1
"S
•a
B C "^ J5
^
■^
r-l
1
E
_
t-t f>
o
f^^-'OrH.-t <-ir^\o a*
--t
\0 D- O %D IT. COOiTvCOcM
2{ '?!i5S
■n CM
so
o cn
i> m \o
'gS3
■o
■g
CO H 9J
1^1
O >-<
ES
■n -* n vD rS r-I rH
Sftssa
s-'ssg
OS
m o
'^PJS
g
0)
c
ft
u
C
8
g
r>j
-J-
2
^
SP'^S-'
3 '-"s
vO [>
rH
r-
01
§S
S
p , ,r;3 -.gj;, o
00
ssgsg
"~- rH 00 CD CM C--
sO
aa
Sg-"
CO in cy c^
Oj
CM
t
fill
« 5 a. -P
m IT.
(^ r-4 ^
-H
■^ \D -^ to
CM
O so
1
u
M
s
a-
oToT
«
CM
'-'
s
rH tf^ vD t^ ^ rH m
vj CM
S"
In S
SO
g
■p
o
0) g
i
Q
C
! g- E » S
5 t- 01 tlD
o"
•0
-J^ t^r^^-l>■^J■ (M
CO m \0 rH f^ o
CM rH (M rj
rHCT»^D^■^E-• OOOOfMOC- -HOO^rHO^
ry c- rH 03 (^ CO vD \D 03 r- m to r- cm rH
rn.CC1^0sOt^ vO rH CJN CM OS D- vT
otooo^ o rH-joT
J^ xO rH CM rH rH
r-l
O
oT
y3
OS r^
m so
s"S
■ d ej ^
r-l -<t
-J- en vD f-
en
o
J3
■1
X "
^
(0 OT
CO
r- ov (^ c- ^
r> 1 n
_
??
to CO -J \0 OS
to 00 O >t kO
^^^D (> t> ■»
A«~ir.>rcn <j>oscosorH
so
OS O
C- Oi •£!
O CM OS CO
E^
C -H
„
^o
f^ [^ iTi CM Cri -.J oj
^ \D -J- (M i-l \0
c-
r\C*1rH^fM OO-J^O <£l
r\ vn m -D cm
K
-I OO
CM OS
CM CO CO
3S™!J
^0
to
a
s
as
;S
C^ r^ ^ (^
r^
rHCsf^lACM O rHinO
m t.
o
>i
•^ O fi ^ ,-i (^
g
>-
r-
^
u-v
CM r^
-J- r-i
m
1
a m
H
CO
§2
CO 1 1 (M r-.
§
rHOVOSrHCM m0^0l^l\0 P-l 1 I O
^A^OO^rHr-^ OrHrHCMO
CMCCJ^vOiA-sT -^ OrH
to
"°-
1 1 1 to
CM
1
to
Sff
\0
1-1
§
3
r- CTN -J rH Cy rH ^
S^"
C-^cy
en
ya
Z
i
l^-s".?-^
to t^
o -.r
DO
^ 1 1 O u->
. . ry
•^
-.lOcMf^cJs OO iin^o>
OSCOtOinu-v CM tncM^o
1 1 1 t 1
3
Sg
1 m 1
1 rH 1 CM
1
H
r-
(M
>o
invo^vOrHto n[>
O
C~ >-l
g
W
1
a. "■
to
--( <N
^
s
CM
C^'^0 rH
rH
•-I
lAr^
en r-l
rH
8
w
^ bi)
z
C
o
t^CO
to
vD f^ f^ vD C-
ITV C-- a^ r-l
^ n rH CM
CM CM \0
S
ococ^c^->f yam-j-ocri osrHc>.osO
-jc^yacMtS oo-3-tooD c^c^c^r^^-
OrHCMC-n rycyt^fno rHry rHrH
r-l
\0 yD
rH o en
"3"
C- CM
i
1
^
•n C ^ M T3 <D
i
ss
5
5
-^
o
to r^CO COr^ CM to o
-J rH rH r-^ (^1
rH-
cn
^"^s
CM
3
^
a.
m
-i"
f-i
^-^Sfg
01
1
Ol C\)
Si
t iT" "■> ^ ^
<n^ ^!
o
vDCMtotoc^ -j-C^C^CMry nmc^oco
CO
g
H
=o
rH C^ (J. \0
^ :^ 'ir.
^
O C^ O OS [> f
TCMinC^OJ vDOiOrHO
n
rH ?:
rH cy M
■;i ° "
r-. OV 1
■HO^OJOrH t^CMOiAu^ rr,cMrHrHry
»0 rH
rHCO -.f
ro
CM \0
i
i ^'^
"^
1
CMC^OrHvO r-t (Mni^
00 (Jv CM ^ CM rH lA
CM r-t
rH
s
CM
as
[> ry
CM
-^
C\J
& m
^
r^
ra-
?» J^s
00
COmf^r^-J- tOt^O^ 0>
tM tn .H * rH r^ o
o\
vOnOvvO'H C^rH-sf^OMD CO-J;^nC^Os
[>C^fy^D0O -irHmOiA inrH rH
S
a?:
lA r-l
-* C^ lA
CM a>
gggg
c^
il) '
1
I
03
3
"*
s
C-- n irT ya ^ CM vO D-*"
C- ^- CM rH CM rH -.f
o
rH
en
^ -J-
p"
■R
n
f
s
C^O-CMCOCM C-mCMCJSrH OrHvO»00
031ArHirin inv£)rJ-.jn mvArH-stCO
-JOrHvO-J- U-i\Dr-Os\D CMV-^CMCO
3
as
cy to yD
-^^ CT» lA
C-.CO ^
e^ OS vo CO
to
el
'-'
3s"
to
r- to oToo c
-J
-,r ^O rH rr, ^ (^
gs
rH C^ CM
en o
CO
o
Q3
CO
J
m
rH r^
f-T
c^cn
en
', "^
1-1
5
rH
n -p
^
• S"
o.
S-|
OJ
• D.
g
v
: g „
c
u
c
a> CO
rH
OJ C
-• -H C en
> CO w en
5
5S
>f
a; CO .r.oj
> tkC m rH
SS32!
(-. +J
O bO
(D rH
g
m
J3 rH C
rH C
i
r-i
D. t.
(D CO rH O
-a (D rH O
^
s
2
^^
o in
■fJ CO -H
"O -H -P +3
X) -H +J +J
■a (0 0)
m 4^
rH rH
3 a-H u
22
o
rH <U C
J3 O
•a 0} Q. 0)
M to a. m
p
■S*^ ^
+J Dl
m a u
oi
O DD
B
a u
2
g g
0) o bo
■H 0)
S „ 'S,
•a
OJ
.iaa
o
rH rH
1e bS;
•^geSi
g
0 (D 0.
O TJ -O
m
c c
U O CD
•H 4) ^ T(
p 0) E -S c
a
s fe a 2 i u
^H ra E
■r. O C O
CO
O
O C
O t< CO
o
~~'fn
stsss
Q. c
■p o in -p
a
3
+i — -
0
- L
O bo T3
n
4-3 Ti
B •>
■p 1 -p
■s "s S S ■" H S
e C • c:
:3 (D m vH -p
T) ^ 01 +J ai CO
5ls-5 ^
SESS^
•o
O -rt
^l^S.
Sfe^S^
c
OO <u 01 oi al 01 -H
0) O -rl C Q. 0)
■P ID O O +J
tH C-
CO .C o m
■m ho Q) h
•O t, oj [, V
i"^^ £ t
a, (^ rH rH 0)
Fh
a. o
■P 0} rH bO
°m°°'t
V
0) 1
rH %Sgt^ J
(h
Q.
p -p
SS '-'2JiS-ti«5
■P *J (0 X
ra -D a. S, c
Q.+J 4J +J S
CO a.
^ 4J +J +J
o 4^ H^ -P n
-S-S "5^S^5^5
Q) 0) o +-
CD O CD O (U C CC
m m (D q> B
O ta 05 Q <
(L> (1> 0) 0) 0)
3 a; tu a> o
II 1 «H.2MK K
z s c
■g O CO 0- lU hH £-
Q E Z 2
o
O -P
U Z Z Z
|- = = "
r-iry n^iA\DC^ta(Ti
O rH ry
tn >f in vD C--CO o-
O rH CM ci >J
>n vO C^ 00
C7-
O rH
CM m >r
lA vD t> to
c>
" <H
rH
" ""I
'-'
■-
'-'
CM
OJ
CM
CM
ry
CM
cy
CM CM
en m
en
en
en
en
en
en
m
1
s s
s
o 0.
H
- -s
;;^s^
+3 n
^H™
l3
■"5-:;
s.^^
n
en to fi
en O
CM i3 (a
en +J
Cu to
to O "D
o
B B (1)
•H O T3
r-l -n 3
--' P rH
ft CJ
a a rH
it;
k&
p to P w
2 t3 2 O
64
ACTIVE PARTNERSHIPS
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table 13.— INCOME STATEMENT ITEMS, BY SIZE OF BUSINESS RECEIPTS
Under
$10,000
$10,000
under
$20,000
$20,000
under
$30,000
Size of business receipts
$30,000
under
$50,000
$50,000
under
$100,000
$100,000
under
$200,000
$200,000
under
$500,000
$500,000
under
^,000,000
$1,000,000
under
$5,000,000
$5,000,000
or more
Business
receipts
not
reported
PARTNERSHIPS WITH AND WITHOUT NET PROFIT
Number of partnerships
Number of partners
Total receipts
Business receipts
Income from otiier partnerships, etc...
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital assets
Other Income
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs '
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc.
Net loss, sales other than capital assets
Other deductions
Gross profit (less loss) (4 less 14)
Net profit (less loss) (3 less 13)
Receipts not included above:
Net short- term capital gain
Net long-term capital gain
Net gain under section 1231
Deductions not included above:
Net short-term capital loss
Net long-term capital loss
Net loss under section 1231
Contributions
Compiled net profit (less loss)^
PARTOERSHIPS WITH NET PROFIT
Number of partnerships
Number of partners
Total receipts
Business receipts
Income from other partnerships, etc...
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain sales, other than capital assets
Other income
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent paid
Interest paid
Taxes
Casus Ity losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc..
Net loss, sales other than capital assets
Other deductions
Gross profit (less loss) (4 less lA)
Net profit (3 less 13)
Receipts not Included above:
Net short-term capital gain
Net long-term capital gain
Net gain under section 1231
Deductions not Included above:
Net short-term capita 1 loss
Net long-term capital loss
Net loss under section 1231
Contributions
Compiled net profit'
(1)
(2)
(3)
(*)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
9119,396
2,633,2«9
290,298
834,931
133,696
328,320
88,687
212,491
111,188
279,616
135,202
355,231
92,129
263,257
56,302
183,094
12,765
54,171
7,409
34,278
615
6,112
21,105
81.748
(ThoviMnd dollars)
78,406,071
77, we, 643
50,564
5,913
281,872
262,762
52,190
17,138
122,313
566,676
69,561,363
47,162,367
6,738,407
1,024,213
1,250,392
744,646
1,285,649
13,075
136,697
654,375
2,102,722
25,716
119,634
13,318
27,465
27,791
8,234,896
29,884,276
8,844,708
56,888
634,649
177,711
21,841
15,976
10,395
43,243
759,172
2,080,240
1,231,047
1,129,492
2,645
668
23,282
21,193
9,282
1,894
10,429
32,162
1,045,155
71,006,298
69,828,273
46,598
4,251
256,716
218,996
41,639
15,173
109,580
485,072
61,285,493
42,544,020
6,023,703
761,840
1,076,446
519,744
1,090,092
7,266
114,695
522,143
1,595,750
14,231
78,754
6,939
5,028
6,683
6,918,149
27,284,253
9,720,805
29,380
348,475
92,503
11,507
10,426
4,339
36,563
197,896
64,652
27,155
36,752
63,361
83,262
2,628
4,361
48,107
170,847
1,451
5,562
1,234
1,615
3,582
332,690
931,596
185,892
11,364
155,949
37,521
1,562
3,605
3,961
3,723
197,947
577,311
1,985,032
1,920,262
3,047
148
12,513
15,964
2,967
1,692
8,419
20,020
1,514,786
479,358
135,252
53,371
59,472
49,677
75,427
1,024
2,766
50,876
162,583
951
4,209
422
3,235
1,183
434,980
,440,904
470,246
1,625
91,119
20,984
969
1,332
727
1,010
110,320
267,760
2,227,424
2,160,702
3,425
180
11,038
12,517
4,209
722
12,300
22,331
1,745,884
711,328
183,164
58,008
61,448
44,424
67, 378
1,094
4,169
44,351
138, 175
2,587
2,678
936
1,423
994
423,727
1,449,374
481,540
3,722
44,481
11,115
278
783
320
1,464
74,830
177,985
4,402,824
,305,749
3,456
360
13,388
30,602
2,946
760
12,433
33, 130
3,515,648
1,733,819
406,446
94,277
113,833
62,892
108,383
1,099
8,599
67,376
206,468
489
4,515
1,675
1,040
2,468
702,269
2,571,930
887, 176
1,984
30,804
11,801
1,666
1,306
615
1,989
96,850
243,267
9,725,469
9,559,691
6,358
1,418
22,382
39,742
6,376
1,569
18,251
69,682
8,041,509
4,628,884
976,104
189, 135
224,107
96,991
189, 116
1,763
16, 168
102,300
327,602
1,674
10,221
1,457
2,339
1,438
1,271,710
4,930,607
1,683,960
4,612
85,-862
23,011
2,206
1,498
1,162
4,654
121,579
316,177
12,949,515
12,782,825
7,560
691
22,549
41,703
7,124
1,826
8,879
76,358
11,128,902
7,265,897
1,257,617
181,122
245,392
90, 317
213,361
1,721
24,259
107, 936
315,306
2,184
12,863
1,005
1,899
1,987
1,406,036
5,516,928
1,820,613
6,474
54,455
13,702
431
1,835
958
6,095
1,885,925
84,118
238,245
17,178,115 8,844,534
16,955,851
6,140
954
26,700
45,336
6,546
3,937
23,712
108,939
15,495,224
10,937,565
1,544,947
193, 118
237,834
125,510
247,617
1,783
33,777
117,296
376,484
3,270
23,457
2,783
2,268
1,330
1,646,185
6,018,286
1,682,891
2,942
49,618
21,592
4,371
1,875
909
8,725
1,741,163
51,627
164,237
8,717,661
4,626
371
32,605
18,124
2,887
664
4,582
63,014
8,227,109
6,337,567
676,241
77,056
89,427
52,359
100,623
931
17,473
46,204
138,883
4,639
13,669
1,017
1,420
656
668,944
2,380,094
617,425
2,171
30,287
8,107
1,151
538
277
3,875
652, 149
11,712
50,026
13,687,924 6,U8,907 25,280
13,505,730
7,612
606
35,849
29,541
8,869
710
13,258
85,749
12,926,010
10,343,069
972,734
99,892
117,460
73,536
136,424
857
20, 533
51,519
165,538
5,354
32,963
1,672
1,100
1,557
901,802
3,162,661
761,914
8,740
45,642
17,081
7,426
2,002
264
7,288
6,850
32,196
6,008,680
4,100
517
79,808
4,491
509
205
6,981
43,616
5,820,351
4,526,984
517,031
49,667
62,368
78,357
60,378
31
4,091
14,821
91,055
2,928
9,497
68
241
310
402,474
1,481,696
328,556
8,375
27,036
4,631
216
560
94
3,240
578
5,954
1,595
1,758
3,549
475
3,159
3,069
11,675
100,785
4,219
1,412
2,299
7,222
3,6S0
94
501
3,089
9,781
189
1,049
10,885
12,286
44,079
'75,505
4,879
19,396
8,116
1,565
642
1,108
1,180
'47,609
2,761
7,082
(Thousand dotlart)
927,490
846,544
2,557
549
19,462
15,433
8,962
1,738
9,361
22,884
553,778
111,337
31,232
10,134
20,753
23,938
51,140
442
1,263
27,290
88,603
401
4,375
372
116
387
181,995
735,207
373,712
4,146
72,997
13, U7
486
1,742
1,049
1,416
1,64^,203
1,589,067
3,021
118
10,063
13,492
2,875
1,610
7,098
16,859
352, 308
94,838
24,778
44,635
31,050
60,022
449
2,010
38,619
116,179
574
3,025
188
60
376
327,150
1,236,759
547,942
1,023
55,221
10,214
865
728
570
885
1,877,244
1,818,353
3,283
131
9,700
10,947
3,752
670
10,681
19,727
1,338,364
557,474
139,622
28,878
49,513
29,677
53,113
276
2,317
35,583
104,979
545
2,183
628
204
262
333,110
1,260,879
538,880
2,701
28,597
5,887
223
379
66
924
3,839,174 8,755,704
3,754,549
3,148
299
12,155
25,754
2,226
691
11,738
28,614
2,884,946
1,459,586
333,495
57,723
94,687
46,248
90,724
734
6,409
51,5X
161,239
455
3,229
492
300
1,147
576,944
2,294,963
954,228
1,161
19,252
5,688
634
818
231
1,708
8,613,236
5,872
659
19,214
32,074
6,103
1,561
16,978
60,007
6,970,357
4,085,319
849,476
135,630
197,111
66,715
163,435
1,033
14,047
34,038
263,148
1,212
8,602
791
1,126
1,278
1,097,396
4,527,917
1,785,347
2,890
25,946
13,870
760
1,154
541
4,067
11,822,507
11,682,454
6,050
684
21,023
30,282
7,124
1,670
7,887
65,333
9,920,650
6,595,032
1,131,013
139,009
209,773
68,294
189,736
1,629
21,404
89,012
260,405
1,653
9,474
889
1,061
1,366
1,200,900
5,087,422
1,901,857
2,256
43,591
5,554
213
1,296
742
5,833
15,736,531 8,110,229
15,542,070
5,866
533
21,640
40,675
5,677
2,768
19,313
97,989
13,963,480
10,000,994
1,410,669
159,761
211,246
84,386
213,239
1,539
30,306
99,720
293,245
2,462
16,570
1,978
750
926
1,435.689
5,541,076
1,773,051
1,699
28,823
14,649
3,882
1,707
725
8,338
7,995,916
4,384
203
30,491
15,327
2,697
652
3,612
56,447
7,454,002
5,785,909
617,610
66,767
80,166
39,591
90,427
595
15,150
39,712
115,590
2,782
10,325
709
445
411
587,813
2,210,007
656,227
1,311
19,408
4,785
964
473
179
3,651
12,598,957 5,672,451
12,439,526
7,280
553
32,490
26,975
1,454
474
13,043
77,157
11,783,726
9,471,782
910, 193
90,841
108,333
58, 368
123,343
471
17,905
44,583
137,823
1,275
16,940
819
709
411
799,925
2,967,744
815,231
4,443
30,124
10,120
3,262
1,609
151
6,524
848, 372
5,546,558
3,727
517
79,158
4,290
326
205
6,861
30,809
,124,279
504,187
47,891
59,916
70,950
54,643
80
3,831
11,912
53,529
2,372
4,041
16
241
119
374, 564
1,422,279
359, 330
7,750
23,547
3,539
216
520
85
3,205
390,190
1,410
1,320
3,247
443
3,134
3,008
9.246
6,858
1,368
428
313
527
265
18
53
KO
1,010
57
16
969
5,050
12
20,955
'Loss.
^Net profit (less loss) plus Income not Included In total receipts (32, 33, and 34) less deductions not included in total deductions (35, 36, 37, and 38).
'Net profit plus income not included in total receipts (32, 33, and 34) less deductions not included in total deductions (35, 36, 37, and 38).
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data."
ACTIVE PARTNERSHIPS
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table 14 . —BALANCE SHEET AND INCOME STATEMENT ITEMS , BY SELECTED INDUSTRIES
65
All active
partnerships
returns
Partnerships
with assets
zero or not
reported
Partnerships with assets greater than zero, by industry
All indus-
tries with
assets
greater
than zero
Agriculture, foresti:^,
and fisheries
Total
agriculture J
forestry,
and
fisheries
Mi n1 Tig
Total
mining
Crude
petroleum
and
natural gas
Construction
Total
construction
General
contractors
Special
trade
contractors
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable..
l,ess: Reserve for bad debts.
Inventories, total
Other than last-in, first-out
Last-in, first-out
Not allocated
Investments in Goverment obligations
Other current assets
Other investments
Depreciable assets
Less: Accumulated amortization and deprecia-
tion.
Depletable assets
Less: Accumulated depletion
Land
Intangible assets
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-term):
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners' capital accounts
Total receipts
Business receipts
Income from other partnerships,
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital assets*
Other income
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loss) (3*1 less 44).
Net profit (less loss) (33 less 43)
Receipts not included above:
Net short-term capital gain.
Net long-term capital gain..
Net gain under section 1231.
Deductions not included above:
Net short-term capital loss.
Net long-term capital loss..
Net loss under section 1231.
Contributions
(1)
(2)
(3)
W
(5)
(6)
(7)
(8)
(9)
949,396
2,633,249
527,343
1,370,001
422,053
1,263,248
20,042
54,070
16,690
45,578
6,030
29,952
4,255
23,235
28,727
66,210
9,485
22,865
(Thousand dotl»r»)
78,406,071
77,046,643
50,564
5,913
281,872
262,762
52,190
17,138
122,313
566,676
69,561,363
47,162,367
6,738,407
1,024,213
1,250,392
744,646
1,285,649
13,075
136,697
654,375
2,102,722
25,716
U9,634
13,318
27,465
27,791
8,234,896
29,884,276
8,844,708
56,888
634,649
177, 7U
21,841
15,976
10,395
43,243
69 Compiled net profit (less loss) 9 ^22 501
22,540,596
22,225,185
8,440
2,164
61,974
65,091
14,216
12,712
40,080
110,734
19,294,902
12,326,356
1,830,312
250,438
361,407
167,752
399,277
5,521
24,633
272,288
690,317
5,045
24,495
7,430
11,907
14,777
2,902,947
9,898,829
3,245,694
16,725
215,896
60,766
5,588
6,579
3,202
6,136
3,517,576
39,336,143
3,543,825
8,918,032
96,598
4,995,619
178,488
2,440,740
2,376,391
799,612
730,243
3,595,149
17,559,069
6,486,744
628,324
205,151
3,572,675
225,521
36,710
1,593,277
39,336,143
6,461,102
1,749,325
1,164,946
1,416,168
868,980
1,567,617
2,889,921
2,543,788
2,344,375
18,329,921
55,865,475
54,821,458
42,124
3,749
219,898
197,671
37,974
4,426
82,233
455,942
50,266,461
34,836,011
4,908,095
773,775
888,985
576,894
886,372
7,554
112,064
382,087
1,412,405
20,671
95,139
5,888
15,558
13, OU
5,331,949
19,985,447
5,599,014
40,163
418,753
116,945
16,253
9,397
7,193
37,107
6,104,925
157,709
186,550
872
187,055
13,357
65,586
108,112
10,053
16,560
96,737
1,097,944
484,538
27,246
6,277
452,098
34,292
8,664
67,163
1,833,056
167,286
72,051
74,800
72,731
30,793
63,155
109,895
86,628
101,132
1,054,585
1,594,345
1,550,848
3,070
412
4,133
9,818
10,064
461
1,085
U,454
1,497,818
615,568
182,728
19,399
42,383
27,489
29,585
1,315
1,484
46,878
98,173
392
3,107
179
316
693
428,129
935,280
96,527
1,982
32,030
18,728
68
339
310
901
140,156
158,516
325
162,448
12,266
57,493
92,689
9,865
14,484
91,308
919,814
404,142
18,333
4,776
437,500
33,274
8,583
57,761
1,625,633
64,427
70,914
63, 5U
27,612
55,297
99,668
75,121
95,942
937,409
1,205,075
1,168,374
2,716
254
3,873
9,230
10,064
394
1,059
9,111
1,134,595
376,U8
153,745
13,423
38,285
24,520
25,254
1,210
1,004
36,648
83,787
381
2,703
26
316
436
376,709
792,226
70,480
1,978
29,751
17,622
53
287
298
777
93,284
147,415
403
29,809
856
4,838
24, U5
13,982
9,227
61,926
703,581
362,584
109,491
45,990
21,765
7,634
1,678
41, 594
829,053
17,753
U,784
20,451
16,608
10,096
45,663
64,135
54,275
495,412
745,511
721,712
1,614
10
2,172
2,503
5,371
135
1,376
10,618
739,068
376,322
35,995
8,612
4,904
9,550
17,322
102
1,707
12,843
72,244
1,049
52,511
769
994
2,510
141,634
345,390
6,443
146
9,595
7,957
9
281
184
504
72,716
110,819
220
17,726
678
2,515
14,533
11,581
7,654
55,778
479,520
254,017
97,230
40,571
11,924
5,857
1,478
35,814
610,333
67,685
11,024
5,637
16,580
12,820
6,775
15,888
52,004
44,002
377,918
444,985
423,918
1,569
9
2,001
1,943
4,912
119
1,369
9,145
456,695
209,601
20,139
4,581
3,069
6,028
11,616
56
1,171
4,615
45,755
848
41,420
713
975
2,440
103,668
214,317
^11,710
114
6,644
7,174
9
262
131
395
1,425
2,217,232
256,762
660,832
3,303
297,099
11,249
126,420
159,430
21,481
33,630
107,049
1,048,724
524,284
15,892
5,864
86,091
4,027
792
219,888
2,217,232
501,873
84,077
63,348
1A6,199
66,386
61,332
87,493
92,970
232,970
380,034
5,590,801
5,516,666
7,103
80
5,248
17,058
44
659
1,494
42,449
5,178,232
4,159,740
257,420
54,771
21,734
28,336
62,841
273
4,651
46,797
172,209
3,339
1,329
497
463
899
362,933
1,356,926
412,569
829
17,597
U,125
191
581
1,934
442,338
U7,421
405,630
1,145
183,091
5,494
71,541
106,056
13,524
22,940
77,254
613,117
326,444
5,720
1,723
55,109
2,896
766
153,439
1,350,113
301,417
52,941
38,256
124,316
38,581
23,504
63,635
47,031
178,284
482, US
3,290,550
3,235,476
6,585
62
3,585
10,984
43
264
1,300
32,251
3,113,161
2,613,972
91,337
20,690
9,287
18,727
30,231
52
1,183
28,250
114,589
3,232
806
269
226
856
179,454
621,504
177,389
420
14,663
U,628
36
85
195
993
(10)
17,013
38,097
94,643
214,275
2,049
93,929
5,228
46,152
42,549
2,721
7,714
22,889
359,935
170,146
9,970
4,089
21,806
985
26
23,633
676,190
151,382
26,403
20,280
16,485
21,579
14,409
15,406
15,017
44,413
350,816
1,975,604
1,960,347
472
18
1,U9
5,001
338
161
8,118
1,762,174
1,306,601
151,349
29,306
11,392
7,465
28,588
215
3,367
15,707
46,253
104
458
188
175
26
160,980
653,746
213,430
409
2,237
1,082
2
106
376
917
215,757
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data,
66
ACTIVE PARTNERSHIPS
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table 14.— BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SELECTED INDUSTRIES— Continued
Partnerships with assets greater than zero, by industry— Continued
Manufacturing
Total
manufactur-
ing
Food and
kindred
products.
Including
beverages
Apparel and
other fin-
ished prod-
ucts made
from fabrics
and similar
materials
Lumber
and wood
products,
except
furniture
Printing,
publishing,
and allied
Industries
Machinery,
except
electrical
and
transpor-
tation
equipment
Transportation,
communication, and
sanitary services
Total
transpor-
tation,
comraunlca-
tlon, and
sanitary
services
Motor
freight
transpor-
tation
and
warehousing
Wholesale and retail
trade
Total
wholesale
and
retail trade
Wholesale
trade
(n)
(.12)
(13)
(U)
(15)
(16)
"Rumlier of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable...
Less: Reserve for bad debts..
Inventories, total
Other than last-in, first-out.
Last-in, first-out
Not allocated
Investments in Goverment obligations
Other current assets
Other investments
Depreciable assets
Less: Accumulated amortization and deprecia-
tion.
Depletable assets
Less: Accumulated depletion
Land
Intangible assets
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-term):
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners ' capital accounts
Total receipts
Business receipts
Income from other partnerships, etc.
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit f
Net gain, sales other than capital assets.
Other income
Total deductions
Cost of goods sold...
Salaries and wages...
Payments to partners.
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm lose
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loss) (3A less ^) .
Net profit (less loss) (33 less A3)
Receipts not Included above:
Net short-term capital gain.
Net long-term capital gain..
Net gain under section 1231.
Deductions not included above:
Net short-term capital loss.
Net long-term capital loss..
Net loss under section 1231.
Contributions
69 Compiled net profit (less loss)
(17)
(18)
(19)
(20)
28,855
75,046
3,909
10,718
2,988
7,558
3,301
8,406
3,917
10,304
3,303
8,196
7,130
17,710
4,518
10,650
153,822
365,425
32,259
81,308
(Thousand doltart)
2,566,909
305,007
636,478
9,821
560,377
30,132
277,869
252,376
22,248
24,808
90,619
1,464,003
747,601
52,718
13,342
79,098
13,185
2,540
91,672
2,566,909
456,367
85,830
52,094
62,138
84,182
40,716
70,708
65,709
91,822
1,557,343
6,553,468
6,507,518
692
133
5,144
11,396
1,585
403
424
26,173
6,042,847
,612,645
379,637
88,281
60,114
23,831
97,864
769
U,016
40,115
135,602
1,098
10, 550
1,066
909
545
575,805
1,894,873
510,621
1,339
16,773
19,375
156
659
251
4,647
542,395
459,844
48,242
88,004
1,732
90,034
1,540
38,791
49,703
3,738
5,825
11,755
342,562
169,206
3,183
912
17,114
2,784
342
18,795
459,844
71,072
16,410
8,996
U,745
13,797
9,305
14,548
16,086
9,746
285,139
1,626,570
1,618,897
63
97
632
2,326
14
179
U9
4,213
1,548,390
1,239,465
107,407
12,581
8,282
4,893
U,871
202
2,255
U,619
30,827
49
110
278
139
79
115,328
379,432
78,180
76
992
701
11
96
69
662
79,041
305,303
39, U7
102,438
1,159
98,956
4,155
53,654
41, U7
3,691
2,778
9,771
83,756
44,071
135
5
1,850
602
284
7,728
305,303
84,330
13,701
8,190
4,401
13,092
3,264
5,719
3,720
9,577
159,309
965,920
962,511
15
3
410
916
8
29
2,028
910,784
745,380
38,811
11,010
12,231
3,138
13,109
IS
1,234
2,134
7,791
58
18
75,813
217,131
55,136
71
337
740
1,005
55,189
396,025
36,583
74,134
1,023
72,382
4,193
28,854
39,335
1,291
5,988
26,873
233,122
124,563
38,992
7,057
20,341
2,398
426
16,990
396,025
50,930
13,102
9,379
16,810
10,703
5,584
11,259
18,961
20,585
238,712
776,593
768,068
182
1
915
1,480
252
210
158
5,327
734,543
540,210
38,530
7,560
3,793
4,684
12,923
162
1,741
10,279
26,570
425
9,674
324
722
180
76,766
227,858
42,050
962
10,270
15,900
68,733
192,941
27,278
46,172
631
22,032
1,0U
10,530
10,488
1,431
1,025
6,008
132,142
60,463
1,868
863
4,633
3,132
391
9,568
25,555
4,401
4,487
3,123
6,738
4,066
9,342
4,050
5,916
125,263
426,025
420,901
60
1
1,247
934
791
36
2,055
368,836
253,575
28,323
12,246
4,322
1,743
7,445
1 , 537
2,188
14,273
47
333
10
139
42,655
167,326
57,189
111
2,411
775
26
97
20
225
60,118
235,179
32,650
53,036
1,079
36,661
894
25,655
10,112
4,344
1,082
5,906
177,609
93,557
1,077
408
9,530
226
63
8,165
235,179
31,368
7,838
4,019
2,874
5,306
5,083
5,301
4,374
6,959
162,057
418,844
416,042
56
6
234
672
338
1
358,145
231,530
38,804
12,350
7,080
1,503
6,285
21
1,207
2,050
11,629
U2
5
45,533
184,512
60,699
1
387
184
5
13
91
265
60,897
42,994
65,864
541
11,264
87
3,412
7,765
4,635
4,776
14,618
372,575
184,827
13,337
6,023
18,964
9,602
2,063
20,098
385,273
50,705
14,812
15,816
17,172
9,862
14,125
23,658
18,471
U,343
209,309
751,341
742,108
62
11
352
1,767
456
6,585
669,367
197, 5CH
171,228
14,601
12,600
5,844
24,163
381
1,135
25,424
4i,832
908
270
125
65
212
170,075
544,604
81,974
289
,865
730
109
148
152
235
22,900
39,843
388
8,655
86
2,176
6,393
582
2,897
8,837
266,552
139,972
12,181
5,636
13,451
6,190
1,972
11,267
245,397
U,591
13,241
10,823
6,837
10, 542
15,481
9,706
8,620
129,135
495,717
489,127
27
174
1,012
346
5,031
444,763
108,079
115,728
10,043
8,327
4,478
19,045
346
750
20,372
32,770
743
264
108
64
171
123,475
381,048
50,954
182
2,936
579
109
132
96
180
9,362,165
1,060,664
2,213,316
37,691
3,199,369
77,273
1,524,769
1,597,327
76,788
96,377
280,785
3,309,634
1,478,455
51,054
20,976
293,486
44,075
5,549
279,288
359,959
267,397
235,878
214,677
187,704
263,882
219, 3U
241,581
5,656,787
30,413,251
30,089,799
5,002
882
24,235
57,952
937
2,U2
2,202
230,100
28,707,470
23,555,690
1,919,055
310,169
387,417
87,003
291,483
3,081
63,722
90,108
296,870
4,947
3,294
2,477
962
2,136
1,689,056
6,534,109
1,705,781
2,471
30,123
13,013
7,700
2,364
1,908
9,811
1,729,605
2,990,689
348,884
949,063
13,991
908,201
21,087
445,011
442,103
28,089
38,581
133,350
831,228
379,140
10,655
4,699
69,515
4,684
412
66,681
2,990,689
715,832
1A1,348
79,174
62,953
74,191
58,706
75,003
63,220
84,353
1,635,909
11,966,830
11,857,567
3,070
194
7,237
14,260
195
459
824
83,024
11,410,589
9,892,789
528,946
79,921
79,135
26,996
82,571
712
20,353
24,797
84,137
2,462
1,582
1,173
396
461
584,158
1,964,778
556,241
1,184
7,595
4,428
3,271
9U
201
4,m
560,954
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
ACTIVE PAFTNERSHIPS
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table 14 . —BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SELECTED INDUSTRIES— Continued
67
Total
retail trade
Partnerships with assets greater than zero, by industry — Continued
Wholesale and retail trade — Continued
Retail trade
General
merchandise
Apparel
and
accessories
Furniture,
home f in"-
nishingsj and
equipment
Automotive
dealers
Gasoline
service
stations
Eating and
drinking
places
Building
materials
Hardware
and farm
equipment
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable...
Less: Reserve for bad debts..
Inventories , total
Other than last-in, first-out.
Last-in, first-out
Not allocated
Investments in Goverment obligations
Other current assets
Other Investments
Depreciable assets
Less: Accumulated amortization and deprecia-
tion.
Depletable assets
Less: Accumulated depletion
Land
Intangible assets
Less: Accumulated amortization...
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-term):
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners ' capital accounts
Total receipts
Biisiness receipts
Income from other partnerships,
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital assets*
Other income
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loss) (34 less 4A) .
Net profit (less loss) (33 less O)
Receipts not included above;
Net short-term capital gain.
Net long-term capital gain,.
Net gain xinder section 1231.
Deductions not included above:
Net short-term capital loss..
Net long-term capital loss...
Net loss under section 1231..
Contributions
69 Compiled net profit (less loss)
(21)
(22)
(23)
(24)
(25)
(26)
(27)
(28)
(29)
LU,595
267,119
16,71A
38,862
5,133
12,853
9,868
22, »M
8,580
20,627
10,285
24,645
10,521
23,339
18,470
41,677
3,645
9,023
(ThouMend dollars)
646,694
1,118,496
21,289
2,090,762
53,610
986,650
1,050,502
42,817
51,969
128,753
2,253,253
1,000,942
37,285
15,180
201,194
38,147
5,056
199,787
5,766,690
889,284
200,212
174,569
160,683
127,809
119,565
174,374
142,966
144,910
3,631,818
16,795,833
16,599,959
1,576
662
16,006
38,826
641
1,390
1,259
135,514
15,744,468
12,414,452
1,272,903
212,238
290,695
55,114
188,868
1,814
38,629
59,893
193,215
2,267
1,697
964
557
1,461
1,009,651
4,135,507
1,051,365
1,168
21,024
7,425
4,375
1,440
1,689
5,294
1,068,184
78,582
52,737
6a
162,765
8,431
67,323
87,011
2,247
6,904
17,342
398,727
170,873
4,928
2,573
29,912
5,367
201
24,330
610,073
94,670
12,837
16,496
16,821
15,331
18,123
29,084
19,075
14,648
372,988
3,345,654
3,329,975
457
440
524
6,243
153
7,755
3,190,462
2,714,831
190,709
24,900
39,180
5,693
27,757
351
1,790
10,052
32,633
205
162
287
82
141
141,689
615,144
155,192
72
1,393
301
93
133
341
428
347,691
46,106
60,351
723
132,783
4,909
63,830
64,044
5,055
2,083
12,156
130,814
62,840
2,135
807
10,278
660
102
9,247
347,691
40,579
9,539
6,513
5,931
5,552
6,910
9,534
6,419
13,834
242,880
740,529
727,968
242
64
385
2,903
30
599
68
7,770
689,465
515,504
66,554
11,671
13,269
2,393
10,782
192
1,719
2,254
13,054
53
86
53
67
51,809
212,464
51,064
49
1,147
309
156,908 51
567,900
31,643
97,098
1,738
277,310
6,181
134,932
136,197
1,799
4,473
14,735
150,277
78,511
1,608
865
6,708
1,401
876
12,838
567,900
19,664
7,449
10,564
U,205
6,877
7,904
5,570
12,062
379,703
1,174,697
1,157,015
142
18
905
3,694
16
6
5
12,896
1,080,520
770,098
110,972
19,814
46,404
3,437
1A,806
129
3,U9
3,419
12,174
322
253
95,444
386,917
94,177
94
2,104
67
U
598
177
1,037
94,616 I
615,038
54,515
219,056
5,156
199,043
5,053
102,310
91,630
11,939
4,246
12,514
139,657
54,408
1,114
633
14,362
2,534
58
16,313
615,038
106,581
20,890
12,498
9,590
13,795
8,513
16,962
14,427
26,056
335,726
1,108,872
1,086,561
209
12
2,455
2,216
62
17,341
731,380
95,393
19,198
25,171
5,056
12,963
m
5,926
3,252
11,847
57
U2
28
186
96
101,311
355,181
96,755
636
799
76
63
10
759
97,291
865,103
84,659
180,734
5,667
373,277
8,049
190,792
174,436
9,267
9,459
16,070
241,366
108,385
2,660
1,337
33,048
1,577
83
28,458
365,103
55,986
55,396
40,660
21,113
12,463
26,742
26,701
23,308
494,449
3,446,933
3,394,783
93
13
4,430
5,473
115
138
460
41,423
3,347,856
2,919,255
145,333
29,689
22,034
15,104
19,193
331
9,783
7,926
18,554
114
45
29
11
83
160,317
475,528
99,077
150
6,853
898
4,018
70
396
423
26,907
35,234
525
40,994
1,464
19,323
20,207
445
1,558
1,101
100,562
39,042
4,092
1,838
15,718
2,049
311
5,141
192,085
25,093
4,519
3,540
7,132
4,340
7,086
10,440
8,338
3,599
117,448
1,032,230
1,027,135
23
1
36
1,302
74
14
19
3,076
960,581
785,376
63,841
13,677
22,317
2,036
10,376
106
1,933
2,333
9,150
151
517
27
9
87
48,145
51,433
24,167
41
32,478
1,096
13,469
17,913
849
7,015
10,846
424,513
183,518
9,296
2,346
24,740
10,2IX
1,194
36,910
445,367
57,000
U,647
12,959
14,179
15,185
19,712
19,969
17,994
6,510
270,212
1,328,429
1,315,552
268
25
298
4,332
249
7,661
1,202,331
672,772
236,776
20,436
46,333
5,420
32,105
101
659
14,990
35,988
623
175
4
99
210
135,640
404,335
33,108
147,990
2,490
127,705
1,364
64,918
61,423
1,691
2,201
17,272
102,161
46,903
1,597
460
13,542
315
41
6,697
404,385
71,876
14,534
6,285
7,658
5,659
5,264
12,695
3,290
9,043
268,081
739,226
728,292
43
10
1,340
1,736
5
9
118
7,673
693,026
555,336
55,935
10,362
4,025
3,144
8,343
47
3,693
2,572
8,126
3
130
11
102
60
40,587
241,759
71,649
174
773
382
642,780
126,098
20
2,864
187
47
144
289
358
128,331
172,956
46,200
24
755
1,294
(30)
7,179
16,916
45,582
102,453
1,325
328,854
5,797
137,842
185,215
2,154
3,953
4,539
134,442
56,922
2,241
913
13,572
524
30
9,579
588,708
21,048
28,216
22,476
7,966
8,653
14,192
16,181
10,467
354,621
1,056,668
1,039,994
1
62
1,882
3,271
5
347
105
11,001
996,449
S14,4U
65,047
16,133
11, 5U
4,268
12,066
13
3,420
2,310
9,678
81
3
225,580
60,219
21
302
288
1
3
19
206
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
68
ACTIVE PARTNERSHIPS
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table 14 . —BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SELECTED INDUSTRIES— Continued
Partnerships with assets greater than zero, by Industry— Continued
Retail trade — Con.
Drug
stores and
proprie-
tary
stores
Liquor
stores
Finance, Insurance, and real
estate
Total
finance,
Insurance,
real estate
Security
and
coimiodlty
brokers,
dealers,
exchanges,
and
services
Heal
estate
Total
services
Hotels,
rooming
houses,
camps,
and other
lodging
places
Personal services
Total
personal
services
Laundries,
laundry
services,
and clean-
ing and dye-
ing plants
Photo-
graphic
studios,
including
comiDercial
photography
Beauty
and barber
shops,
including
schools
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable..
Less: Reserve for bad debts.
Inventories, total
Other thsn last-in, first-out
Last-in, first-out
Not sllocated
Investments in Goverment obllgstlons
Other current assets
Other investments
Depreciable assets
Less: Accumulated amortization and deprecia-
tion.
Depletable assets
Less: Accumilated depletion
Land
Intangible assets
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Martgages, notes, and loans payable (short-term):
Bsnks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans psyable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners' capital -accounts
Total receipts
Business receipts
Income from other partnerships, etc.
Nonqualifying dividends
Interest
Rents
Roysltles
Net farm profit
Net gain, sales other than capital assets.
Other income
Total deductions
Cost of goods sold...
Salaries and wages . . .
Payments to partners.
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets....
Other deductions
Gross profit (less loss) (3i less 44).
Net profit (less loss) (33 less 43)
Receipts not Included above:
Net short-term capital gain.
Net long-term capital gain..
Net gain under section 1231.
Deductions not Included shove:
Net short-term capital loss.
Net long-term capital loss..
Net loss under section 1231.
Contributions
Compiled net profit (less loss)
(31)
5,616
13,673
40,868
29,925
352
Ul,129
3,681
63,185
74,263
1,737
1,651
4,706
108,954
54,320
2,547
1,008
5,395
2,060
264
7,151
290,179
45,477
5,168
4,148
3,782
7, no
4,394
6,377
6,142
4,165
203,416
891,120
12
139
1,758
42
10
4,907
796,681
591,203
93,786
16,275
21,111
1,537
11,654
47
1,101
2,627
10,542
147
90
200
46,361
293,049
94,439
141
454
658
94
25
11
437
95,125
(32)
(33)
(34)
(35)
(36)
(37)
(38)
(39)
(40)
3,188
7,154
95,192
420,674
2,665
16,497
69,080
261,006
79,405
225,217
6,875
2,3030
14,388
32,493
6,974
16,096
852
1,8U
(Thouuafid doll»ru)
21,594
5,735
30
49,192
678
20,137
28,377
47
3,788
4,759
42,282
17,485
197
99
5,964
4,060
868
17,673
136,809
3,186
2,186
1,468
2,672
3,578
2,640
2,307
1,818
92,863
424,951
422,525
28
113
524
94
1,664
389,298
332,152
18,727
3,084
7,013
868
6,502
5
206
1,160
3,949
213
5
11
15,394
90,373
35,653
10
805
297
191
78
83
18,619,687
1,082,441
4,409,296
18, a?
581,474
41,386
388,624
151,464
620, 522
512, 5U
2,784,056
6,955,656
1,671,643
327,311
94,183
2,348,415
67,341
6,560
721,264
18,619,687
3,141,817
970,602
584,689
752, a8
352,750
1,026,740
1,999,906
1,810,7U
1,456,531
6,523,723
3,641,345
3,221,106
14,948
1,976
170,768
65,539
17,671
612
73,562
75,163
147,747
603,683
108,326
87,625
346,110
248,275
1,042
13,559
65,971
350,491
4,413
22,384
540
9,982
3,973
8U,580
3,073,359
815,644
31,415
280,462
31,794
4,744
4,258
2,361
9,773
5,840,202
502,778
2,730,271
481
369,694
31,902
305,228
32,564
359,207
268,301
1,146,530
214,092
23,220
1,420
485
7,889
3,906
272
260,572
333,323
747,035
8,548
158,917
6,600
82,276
70,041
63,451
92,804
622, 530
6,567,288
1,598,290
107,073
30,738
2,182,199
56, 5U
5,377
343,317
5,840,202
526,325
192,318
230, 512
111,939
103,150
307,544
256,407
917,619
1,003,720
1,100,503
929,367
5,086
1,427
102,875
740
1,930
63
27,585
31,430
872,750
327
365,531
65,980
28,914
100,790
33,832
U9
1,420
2,624
8,845
565
2,286
1,048
115
260,334
929,040
227,753
23,458
88,218
501
2,176
1,894
18
2,530
9,631,498
466,187
313,244
302,377
394,589
151,250
860,339
1,591,898
1,360,694
357,121
3,833,799
1,8U,946
1,631,313
3,392
178
32,155
58,426
8,478
496
44,546
32,962
58,120
117,617
18,438
42,595
a6,910
202,257
859
2,363
60,971
327,401
3,541
9,931
316
5,449
3,473
381,625
1,573,193
360,080
3,333
107,574
24,589
1,272
1,649
2,070
3,758
3,416,075
535,726
578,206
25,672
121,445
4,U0
46,090
71,215
29,614
31,466
151,316
,557,983
28,729
12,484
248,881
44,718
8,830
U9,939
3,416,075
139,978
86,378
103,167
91,877
160,323
281,363
181,440
149,769
1,893,572
6,475,590
6,373,564
9,614
245
7,641
31,206
2,220
U
1,339
49,747
4,520,693
1,132,427
1,342,870
167,653
270,284
47,357
112,769
531
11,554
52,743
237,173
4,517
1,672
216
1,291
2,024
1,135,612
5,241,137
1,954,897
1,528
15,698
11,056
3,385
1,157
1,438
9,203
31,491
34,906
169
5,941
582
3,109
2,250
897
4,691
9,409
780,081
228,652
5,567
2,052
108,694
6,257
744
20,901
777,218
29,112
10,595
15,290
46,664
16,636
78,057
U0,635
96,437
15,262
328,530
421,324
404,318
350
604
7,856
159
7,849
391,901
76, 6U
81,688
5,583
27,955
17,742
22,055
70
669
15,382
48,562
343
125
53
95,019
327,707
29,423
719
3,254
5
362
176
327
32,530
482, U8
57,358
74,334
900
21,753
1,005
12,755
7,993
3,353
5,248
7,448
438,009
192,288
10,343
4,786
36,242
4,405
294
21,913
482,U8
42,769
13,905
15,339
14,583
10,104
19,445
23,479
20,149
8,312
314,053
791,835
781,513
373
5
1,926
2,915
5
9
13
5,076
666,604
233,435
141,457
20,450
29,889
5,635
16,530
202
2,633
10,486
44,754
446
1,080
97
114
172
159,224
548,078
125,231
40
2,260
321
37
72
1,107
23,293
19,458
172
8,899
774
5,193
2,932
404
2,713
4,537
255,3a
119,923
6,412
3,071
12,725
3,481
293
12,142
225,926
6,635
11,607
9,098
6,496
9,386
14,503
12,840
3,037
127,557
441,938
439,054
373
3
127
1,222
1
6
1,152
393,264
135,730
91,055
9,085
15,871
3,156
10,070
192
322
7,036
27,865
289
1,080
97
114
150
91,152
303,324
48,674
40
1,614
34
4
505
4,601
2,775
9
1,166
6U
552
654
58
440
18,125
9,033
229
55
2,772
1,499
111
45
732
557
356
560
67
U,061
51,886
31
115
41,916
18,317
7,425
891
1,691
156
807
51
290
1,670
1
10,617
33,151
9,970
1
U
10,048
(41)
3,247
6,934
19,702
3,981
517
SOS
14
272
222
27
ISO
63
19,873
7,509
556
194
416
126
1
1,159
19,702
1,481
923
544
694
557
S47
701
628
286
U,041
74,505
74,073
1
101
7
319
56,442
8,520
20,796
4,627
5,578
258
1,307
2
2
645
2,385
2
12,320
65,553
18,063
6
18,090
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
ACTIVE PARTNERSHIPS
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table 14 . —BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SELECTED INDUSTRIES— Continued
69
Partnerships with assets greater than zero, by industry — Continued
Serv io e s — Continued
Business
services
Automobile
repair,
services,
and
garages
Repair
services,
except
automotive
Recrea-
tional
services
Medical and other health services
Total
medical
and
other
health
services
Offices
of
physicians
and
surgeons
Office
of
dentists
and dental
services
Legal
services
Engineering
and
architec-
tural
services
Accounting,
auditing, and
bookeeping
services
(«)
(43)
(4i)
(*5)
(46)
(47)
(48)
(49)
(50)
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable..
Less: Reserve for bad debts.
Inventories, total
Other than last-in, first-out.
Last-in, first-out
Not allocated
Investments in Goverment obligations
Other current assets
Other investments
Depreciable assets
Less: Accumulated amortization and deprecia-
tion.
Depletable assets
Less: Accuimilated depletion
Land
Intangible assets
Less; Accumulated amortization
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-term):
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners' capital accounts
Total receipts
Business receipts
Income from other partnerships, etc.
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital assets.
Other income
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loss) (34 less 44).
Net profit (less loss) (33 less 43)
Receipts not included above:
Net short-term capital gain.
Net long-term capital gain..
Net gain under section 1231.
Deductions not included above:
Net short-term capital loss..
Net long-term capital loss...
Net loss under section 1231..
Contributions
Compiled net profit (less loss)
8,730
23,400
43,858
84,937
763
13,664
291
5,898
7,475
3,714
2,817
17,721
218,946
106,983
1,358
629
7,859
4,907
293
18,182
309,295
59,098
8,459
14,077
12,559
7,973
7,372
19,459
9,871
15,507
154,920
590,897
581,951
545
3
569
3,539
1,258
37
2,995
482,562
215,123
91,9&i
15,245
13,667
3,400
8,756
25
1,679
4,559
29,995
862
161
6
95
97,025
366,828
103,335
28
5,442
1,304
169
113
938
679
113,210
7,935
18,238
4,585
10,023
5,608
24,941
10,777
32,633
5,218
13,824
724
1,599
8,W1
27,438
4,879
12,449
(Thousand dollars)
33,050
58,448
1,183
39,850
907
10,625
28,318
3,098
2,199
16,823
184,066
73,356
1,912
823
33,926
1,244
540
9,860
308,569
60,180
6,660
5,847
11,665
U,672
U,705
9,557
144,837
460,930
453,808
39
1,560
2,719
74
2
352
2,376
396,501
218,655
49,844
11,772
22,723
5,365
8,751
130
1,622
4,010
23,451
734
59
4a
71
48,893
235,153
64,429
20
1,543
4,861
3,013
2
34
144
67,660
67,023
10,380
16, 5U
300
15,792
483
6,982
8,327
80
521
983
30,228
12,707
771
360
2,718
211
30
2,225
67,023
1,503
1,229
800
1,504
520
1,702
2,816
935
45,726
186,123
184,639
114
251
33
1,082
148,501
91,914
15,843
4,839
4,310
490
2,634
9
533
885
3,204
1
23,756
92,725
37,622
59
37,573
391,104
29,578
57,857
17,073
5,784
160
1,909
3,715
3,201
3,347
20,678
404,139
185,605
491
237
31,190
17,257
5,662
26,109
391,104
55,359
16,225
17,128
5,443
7,296
10,290
55,914
19,844
12,911
190,694
1,281,936
1,273,617
211
14
891
2,632
5
70
4,546
655,655
64,824
240,233
31,082
56,603
5,223
14,551
7
1,226
5,763
25,066
232
236
996
209,613
1,208,793
626,331
36
410
100
40
79
2,005
349,926
68,222
65,524
1,161
4,185
273
1,X3
2,564
1,903
3,820
13,970
275,358
111,105
2,439
1,021
14,786
1,884
480
11,602
349,926
22,364
9,190
6,221
7,916
7,748
26,239
15,197
10,003
23,898
221,150
618,679
617,192
87
94
469
lA
817
262,831
15,779
103,587
7,255
27,707
725
5,660
4
271
1,808
9,995
U6
236
942
88,746
601,413
355,848
175
60
37
79
1,150
354,313
35,277
24,828
586
1,U7
9
149
959
473
1,640
2,135
97,313
47,239
654
81
3,554
531
153
2,188
121,651
6,102
2,750
1,880
1,456
3,423
2,812
2,619
1,424
12,964
86,221
54,023
53,660
15
171
31,469
4,684
9,559
3,278
2,137
162
611
279
1,622
11
9,118
43,976
22,554
94
22,481
14,358
4,322
1,459
20
672
13,902
6,842
990
395
185
860
465
65
34
10,911
1,038,597
1,027,703
1,032
78
765
1,843
130
349
6,647
461,434
11,364
214,843
16, 163
51,465
841
8,986
6
976
1,663
13, 156
359
70
249
67
141,226
1,016,339
577, 163
387
894
265
45
303
21
2,322
320,097
136,001
62,058
1,354
863
362
lA
487
7,974
5,651
40,035
103,844
50,326
3,547
1,494
1,977
1,961
99
9,459
25,363
5,774
4,235
3,812
16,433
1,443
4,109
4,173
27,241
227,464
622,988
614,264
4,000
U2
349
467
179
1
489,466
U9,901
188,578
18,070
16,122
1,618
8,543
2
1,108
1,009
6,474
124
8
56
17
127,831
494,363
133,522
192
104
54
40
59
779
132,886
177,929
55,767
51,720
286
1,603
8,079
4,536
593
10,445
51,810
22,197
556
334
4,259
715
67
10,730
177,929
28,449
8,833
5,018
1,623
10,212
1,971
3,593
1,413
20,737
96,075
603,064
600,274
1,088
1
586
310
391,289
9,352
225, 5U
32,667
23,758
1,359
3,144
7
336
933
8,353
276
222
28
79,840
590,922
211,775
945
674
60
8
37
9
1,4U
(51)
5,774
17,829
65,442
68,593
2,376
1,876
2
729
1,145
711
2,440
13,398
62,196
28,867
412
153
2,142
4,465
621
17,055
206,713
15,159
4,720
950
3,624
7,517
1,697
1,406
4,153
15,133
152,349
425,334
399,656
1,340
32
269
3,594
376
2
258
14,357
393,022
81,617
83,045
9,093
22,01A
5,437
13,036
73
213
7,750
33,207
1,087
2
60
75
523
U0,790
313,039
27,362
58
3,464
706
20
218
50
309
'Net profit (less loss) plus income not included in total receipts (62, 63, and 64), less deductions not included in total deductions (65, 66, 67, and 63).
^Loss
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data,' ^ ^.
Industry detail does not add to totals which include data for business activities not shown. See table 9 for complete list of industrial groups for active partnerships.
Except for columns 1 and 2, the data shown are limited to partnership returns reporting balance sheet data.
70
ACTIVE PARTNERSHIPS
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table 15.— BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SIZE OF TOTAL ASSETS
All active
partnership
returns
Partner-
ships
with assets
zero or not
reported
Partnerships with assets greater than zero, by size of total assets
tfrider
$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
imder
$10,000,000
$10,000,000
under
$25,000,000
$25,000,000
or more
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
Number of partnerships.
Number of partners
949,396 527,343
2,633,249 1,370,001
422,053
1,263,248
202,456
533,132
75,721
199,068
67,245
188,413
51,767
165,161
15,287
64,759
5,894
35,233
3,515
73,4i5
123
2,973
(ThouM»nd dollars)
Total assets.
Cash *
Notes and accounts receivable..
Less: Reserve for bad debts.
Inventories, total
Other than last-in, first-out
Last- in, first-out
Not allocated
Investments in Government obligations.
Other current assets
Other investments
Depreciable assets
Less; Accumulated amortization and
depreciation
Depletable assets
Less: Accumulated depletion
Land
Intangible assets
Leas: Accumulated amortization.
Other assets
Total liabilities.
Accounts payable
Mortgages, notes, and loans payable
(short-term)
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable
( long-term)
Banks
Other
Not segregated
Other liabilities
Partners ' capital accounts
Total reoelpta
Business receipts
Income from other partnerships.
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gaiji, sales other than capital
assets ,
Other income
Total deductions
Cost of goods sold...
Salaries and wages...
Payments to partners.
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc.
Net loss, sales other than capital
assets
Other deductions
Cross profit or loss^
Net profit or loss^..
78,406,071
77,046,643
50,564
5,913
281,872
262,762
52,190
17,138
122,313
566,676
69,561,363
47,162,367
6,738,407
1,024,213
1,250,392
744,646
1,285,649
13,075
136,697
554,375
2,102,722
25,716
119,634
13,318
27,465
27,791
8,234,896
29,884,276
8,844,708
22,540,596
22,225,185
8,440
2,164
61,974
65,091
14,216
12,712
40,080
110,734
19,294,902
12,326,356
1,830,312
250,438
361,407
167,752
399,277
5,521
24,633
272,288
690,317
5,045
24,495
7,430
11,907
U,777
2,902,947
9,898,829
3,245,694
39,336,143
3,543,825
8,918,032
96,598
4,995,619
2,440,740
178,488
2,376,391
799,612
730,243
3,595,149
17,559,069
6,486,744
628,324
205,151
3,572,675
225,521
36,710
1,593,277
6,461,102
4,330,439
1,749,325
1,164,946
1,416,168
868,980
7,001,326
1,567,617
2,889,921
2,543,788
2,3i4,375
18,329,921
55,865,475
.,821,458
42,124
3,749
219,898
197,671
37,974
4,426
82,233
455,942
50,266,461
34,836,011
4,908,095
773,775
888,985
576, 89i
886,372
7,554
112,064
382,087
1,412,405
20,671
95,139
5,888
15,558
13,014
5,331,949
1,965,974
352,345
272, 593
4,335
316,771
151,088
13,287
152,396
5,478
25,383
55,289
1,452,466
739,115
39,275
17,518
102,743
16,777
3,323
91,145
1,965,974
294,308
203,789
72,297
68,136
63,356
54,112
150,260
45,027
58,636
46,597
64,448
1,199,057
,368,785
,305,248
1,438
156
3,887
9,196
1,297
134
4,854
42, 575
6,844,776
19,985,447
5,599,014
4,178,488
820,880
199,459
258,129
23,150
104,743
1,205
12,447
52,935
159,315
3,003
5,282
243
936
3,283
1,021,280
4,126,760
1,524,007
364,445
434,078
6,706
525,409
244,241
17,735
263,433
10,505
29,233
68,250
1,643,298
692,500
36,284
14,098
231,767
23,301
2,529
101,881
2,752,618
364,534
255,268
93,320
82,016
79,932
63,347
3U,297
94,831
122,553
93,913
81,699
1,676,473
6,653,083
6,581,569
745
185
5,696
15,117
1,250
565
4,925
43,031
5,832,099
3,952,994
618,924
114,893
131,950
31,627
99,255
487
12,186
48,705
146,485
1,753
4,928
228
296
1,860
665,328
2,628,575
820,984
4,767,981
502,550
833,989
13,908
855,426
386,856
24,986
443,584
23,607
49,410
153,361
2,763,283
1,105,897
55,008
22,076
476,698
34,109
3,950
166,371
4,767,981
591,108
415,938
141,914
142,631
131,393
101,746
656,300
137,971
261,414
206,915
158,372
2,844,517
9,301,599
9,184,601
2,847
213
12,961
27,762
1,213
850
6,721
64,431
,366,452
5,912,063
807,346
126,081
138,310
60,810
143,291
1,683
20,569
66,427
220,577
2,763
5,230
898
787
1,031
858,586
,272,538
935,147
7,925,466
742,754
1,539,541
21,878
1,260,054
595,051
34,087
630,916
79,100
97,730
387,493
4,097,435
1,515,195
63,455
28,536
935,968
37,061
4,184
254,668
,925,466
942,110
767,463
271,273
262,505
233,685
184,798
1,258,917
326,836
542,256
389,825
281,953
4,490,225
12,815,691
12,6C3,4U
7,744
753
23,818
48,433
9,132
903
14,084
107,413
11,760,037
8,596,065
1,001,197
138,841
151,207
104,954
204,768
2,286
31,487
91,668
315,706
4,050
9,529
2,235
1,971
2,214
1,101,859
4,007,346
1,055,654
5,228,790
444,050
1,051,278
12, 203
669,168
322,718
16,646
329,804
76, 322
71,082
328, 084
2,616,344
955,239
62,951
16,003
698, 575
21,271
5,852
178, 962
5,228,790
675,751
505,609
183,589
148,107
173,913
108,418
991, 064
268,032
407, 850
315,182
214,773
,733,175
7,498,487
7,341,296
8,186
529
18,094
35,073
3,451
1,025
17,930
72,903
7,008,4*5
5,241,298
552,559
59,682
69,109
73,341
117, 530
1,294
15,533
52, 327
186, 591
1,579
13,943
421
2,367
1,525
619,346
2,099,998
490,042
4,033,174
282,525
838,190
9,596
472,204
234,058
15,245
222,901
73,164
81,554
383,102
1,770,164
613,880
57,667
16,523
499,081
21,991
2,021
195,552
7,451,972
4,033,174
574,070
437,577
176,4U
128,529
132,637
106,724
839,196
192,323
353,208
293,665
182,550
1,893,057
4,861,944
4,757,180
6,077
433
16,123
23,544
2,572
552
10,337
45,126
4,553,140
3,350,851
362,955
40,308
48,069
63,918
83,326
381
10,127
32,647
137,152
4,900
12,035
905
3,578
1,438
400,550
1,406,329
308,804
429,248
1,536,888
26,934
558,058
218,384
43,222
296,452
180,345
181,730
1,273,055
2,895, 2&i
780,111
237,028
72,853
605,161
67,641
14,437
381,889
7,451,972
1,169,730
877,099
441,286
153,749
282,064
161,669
1,986,923
311,277
791,568
884,078
503,818
2,752,733
5,259,234
5,084,563
12,684
261
44,735
30,193
13,807
343
8,204
64,444
4,947,529
3,428,062
431,547
53,473
68,922
123,923
103,550
151
8,505
34,852
220,246
2,059
31,538
838
5,423
1,542
432,898
1,656,501
311,705
1,765,688
167,782
560,552
921
301,461
280,696
13,280
7,485
8,356
157, 563
164,995
288,525
74,346
64,847
16,642
22,083
2,957
414
118,890
1,765,688
460,812
284,562
197,378
26,450
60,734
19,488
323,800
100,835
96,652
126,313
348,005
329,021
512,329
463,565
832
1,022
22,649
8,U8
4,802
54
8,492
2,765
447,023
Li9,691
121,549
12,705
10,134
34,501
13,287
1
577
993
22,006
51
11,322
47
114
70,045
313,874
65,306
^Business receipts less cost of goods sold.
^T^tai receipts less total deductions.
NOTE: See text for explanatory statements and for "Description of the Sample and Limitations of the Data."
(12)
45
1,064
258,126
1,850,923
117
37,068
7,648"
29,420
342,735
36,558
781,520
32,290
10,461
11,809
902
599
413
103,919
3,444,480
1,388,679
583,134
171,857
152,823
258,454
68,678
483,569
40,485
255,784
187,300
508,757
4U,663
594,323
500,025
1,571
197
71,935
205
450
6,686
13,2-54
506,958
26,499
191,138
28,333
13,155
60,470
16,622
66
633
1,533
4,327
513
1,332
120
15»
7
162,057
473,526
87,365
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
71
ACTIVE PARTNERSHIPS WITH BALANCE SHEETS
Table 16. —BALANCE SHEET AND INCOME STATEMENT ITEMS FOR SELECTED INDUSTRIES, BY SIZE OF TOTAL ASSETS
Item and selected industry
Partnerships vrlth assets greater than zero, by size of total assets
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
or more
MANUFACTURING; FOOD AND KINDRED PRODUCTS,
INCLUDING BEVERAGES
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable..
Less: Reserve for bad debts.
Inventories, total
Other than last-in, first-out
Last-in, first-out
Not allocated
Investments in Goverment obligations
Other current assets
Other investments ,
Depreciable assets
Less: Accumulated amortization and deprecia-
tion.
Depletable assets ,
Less: Accumulated depletion ,
Land
Intangible assets ,
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-term):
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners' capital accounts
Total receipts
Business receipts
Income from other partnerships,
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital assets.
Other i ncome
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loss) (3'i less AA) .
Net profit (less loss) (33 less A3)....
Receipts not included above:
Net short-term capital gain.
Net long-term capital gain..
Net gain under section 1231.
Deductions not included above:
Net short-term capital loss.
Net long-term capital loss..
Net loss under section 1231.
Contributions
69 Compiled net profit (less loss)
(1)
3,909
10,718
48,242
88,004
1,732
90,034
38,791
1,540
49,703
3,738
5,825
11,755
342,562
159,206
3,183
912
17,114
2,784
342
18,795
459,844
16,410
8,9%
14.745
13,797
9,305
14,548
16,086
9,746
285,139
1,626,570
1,618,897
63
97
632
2,326
14
179
149
4,213
1,548,390
1,239,465
107,407
12,581
8,282
4,898
14,871
202
2,255
11,619
30,827
49
110
278
139
379,432
78,180
76
922
701
11
96
69
652
(2)
(3)
(4)
(5)
(6)
1,104
2,627
845
2,064
832
2,083
662
2,003
307
1,114
fTTiouaand dollar.)
1,635
1,805
2,033
256
312
1,465
193
2
14,082
8,156
427
26
2,642
966
653
762
354
98
523
721
350
5,569
64,952
60,811
47,151
4,597
1,397
766
146
527
2
65
422
1,441
17,774
4,141
2,322
4,640
30
3,547
1,318
14
2,215
271
96
166
31,875
16,517
1,517
112
2,281
567
270
1,010
31,863
511
1,033
792
555
304
1,493
1,956
842
19,304
122,045
78
238
114,400
87,662
3,618
1,527
480
355
1,264
79
293
1,142
2,827
5
10,147
33,915
7,646
5,779
9,457
115
8,623
3,454
52
5,117
55
420
1,729
54,683
27,759
574
193
2,932
878
53
1,494
58,515
1,708
1,648
2,003
1,136
3,250
1,124
531
37,212
194,440
1
22
467
10
443
181,916
140,924
13,639
2,248
799
564
2,112
13
315
1,540
4,218
26
18
15,498
52,567
12,524
12,613
103,532
12,323
18,862
713
15,045
5,705
525
3.314
329
1,125
2,970
80,715
38,342
96
25
3,001
875
6,771
11,175
4,228
1,137
1,883
2,035
3,027
4,542
4,737
1,539
69,178
334,017
332, a7
5
6
92
504
4
8
74
1,107
316,369
247,486
25,458
2.764
1,513
935
3,285
73
555
2,788
7,022
12
57
158
28
5
24,673
84,731
17,143
6
273
63
103,638
12,575
21,122
426
20.337
10,141
239
10,457
645
1,710
2,346
71,862
34,634
203
103
3,331
298
16
3,888
2,765
1,337
3,787
5,161
3,046
1,220
2,387
1,650
67,077
358,219
90
240
368
11
1
871
342,377
270,740
27,493
1,823
1,657
979
2,393
30
2,742
6,966
10
59
7
3
26,425
85, 390
15.842
10
380
107
1
6
1
167
(7)
105
476
6.558
15,122
204
18,862
8,403
358
10,101
857
968
1,433
44,510
21,426
300
167
2,001
84
3
2,330
72,325
3,197
2,098
2,054
1,974
1,154
2,413
1,633
1,817
43,820
278, 579
275,993
50
142
516
10
6
19
843
269,198
225,310
14,101
1,720
1,101
347
1,992
352
1,544
4,031
1
2
50
104
36
16,957
50,633
9,381
2
60
245
9
162
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
72
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS WITH BALANCE SHEETS
Table 16.— BALANCE SHEET AND INCOME STATEMENT ITEMS FOR SELECTED INDUSTRIES, BY SIZE OF TOTAL ASSETS- -Continued
Item and selected industry
Partnerships with assets greater than zero, by size of total assets
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
or more
MANUFACTURING; APPAREL AND OIHER FINISHED
PRODUCTS MADE FRCM FABRICS AND SIMILAR
MATERIALS
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable...
Less: Reserve for bad debts..
Inventories, total
Other than last-in, first-out.
Last-in, first-out
Not allocated
Investments in Goverment obligations
Other current assets
Other investments
Depreciable assets
Less: Accumulated amortization and deprecia-
tion.
Depletable assets
Less: Accumulated depletion
land
Intangible assets
Less : Accumulated amortization i
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-term):
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners ' capital accounts
Total receipts
Business receipts
Income from other partnerships.
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital assets-
Other income
Total deductions
Cost of goods sold...
Salaries and wages...
Payments to partners .
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loas) (3<; less i^) .
Net profit (less loss) (33 less <;3)....
Receipts not Included above:
Net short-term capital gain.
Net long-term capital gain..
Net gain under section 1231.
Deductions not included above:
Net short-term capital loss.
Net long-term capital loss..
Net loss under section 1231.
Contributions
Compiled net profit (less loss) .
(1)
2,988
7,558
39,117
102,438
1,159
98,956
53,65i
4,155
41,147
3,691
2,778
9,771
83,756
44,071
135
5
1,850
602
284
7,728
13,701
8,190
4,401
13,092
3,264
5,719
3,720
9,577
159,309
965,920
962, 5U
15
3
410
916
29
2,028
910,784
745,380
38,811
11,010
12,231
3,138
13,109
18
1,234
2,134
7,791
58
IS
75,813
217,131
55,136
71
337
740
1,005
55,189
(2)
(3)
(4)
(5)
(6)
1,135
2,419
490
1,183
580
1,429
501
1,420
188
612
(ThouMand doll»ra)
2,148
3,748
9
2,237
1,012
44
1,181
392
126
9,165
5,590
29
5
LLL
457
21A
185
920
118
254
356
1,061
5,873
67,800
24
179
59,857
45,566
1,701
1,164
2,155
211
1,209
53
333
971
6,468
22,004
7,943
7
7,937
3,982
5,013
34
3,754
1,662
133
1,959
51
189
7,526
3,825
2,972
339
2,055
662
1,171
192
881
8.939
67,683
62,634
50,152
2,636
1,302
1,109
123
1,160
115
316
811
4,910
17,346
5,049
34
5,044
5,652
14,005
93
11,838
7,762
61
4,015
423
318
821
14,163
6.702
339
247
170
847
1,463
1,505
163
1,818
89
672
1,051
686
23,222
129,491
123,571
100,678
4,169
1,381
2,296
370
2,246
157
418
1,186
7
10,636
28,235
5,920
11
61
664
71
6.572
76,776
10,540
27,559
324
19,634
10,451
240
8,943
707
984
1,833
27,515
14,022
76
427
88
38
1,797
2,189
1,698
398
3,205
2,060
3,060
1,200
1,961
41,846
224,925
224,142
1
110
159
2
507
211,011
170,961
8,671
2,567
2,786
763
3,291
352
523
2,492
6
18,599
53,181
13,914
6
139
13, 8H
7,986
22,465
276
23,490
10,725
774
11,991
1,063
445
2,582
11,676
6,6U
355
178
3,732
1,515
531
2,763
266
778
505
1,454
34,479
206, 629
206.063
4
3
69
197,083
161,434
10,140
2,071
1,944
686
2,193
14
326
239
1,030
7
44,629
9,546
57
263
^,302
(7)
44,943
4,063
14,046
185
16,171
11,328
20
6,823
1,201
507
2,010
7,720
3,922
295
67
3,;
44.943
15,651
1,677
1,024
1,244
1,980
519
955
388
1,713
19,792
138,447
57
130
3
258
132,222
110,769
5,972
1,104
1,000
493
1,954
4
176
200
729
5
9,762
27,228
6,225
164
6,144
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
(8)
27
185
4,746
15,597
238
19,832
10,714
2,883
6,235
297
81
2,210
5,991
3,399
176
22
2
1.997
47,310
3,844
179
1,198
121
1,821
25.158
130,328
10
155
128
124.406
105,820
5,522
1,401
941
492
1,056
55
105
572
24,508
6,539
94
16
1
277
6.371
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
73
ACTIVE PARTNERSHIPS WITH BALANCE SHEETS
Table 16.— BALANCE SHEET AND INCOME STATEMENT ITEMS FOR SELECTED INDUSTRIES, BY SIZE OF TOTAL ASSETS --Continued
Item and selected industry
Partnerships with
assets greater than zero, by size of total assets
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
or more
MANUFACTURING: LUMBER AND WOOD PRODUCTS,
EXCEPT FURNITURE
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
1
3,301
8,406
1,550
3,530
503
1,219
381
881
524
1,532
186
622
97
337
60
2
Number of partners
Total assets
285
(Thouawd dollars)
^
396,025
14,685
19,135
28,891
85,222
65,043
67,466
U5,583
5
Cash
Notes and accounts receivable
36,583
74,134
1,023
72, 382
28,854
4,193
39,335
1,291
5,988
26,873
233,122
124,563
38,992
7,057
20,341
2,398
426
16,990
1,842
2,101
18
1,434
925
13
496
133
236
18,920
10,994
878
128
173
108
3,835
2,728
28
2,439
2,013
3
423
1
200
16
16,013
9,247
3,400
1,932
1,009
701
4,117
4,245
110
5,008
1,520
165
3,323
139
305
1,227
19,602
10,689
251
179
2,044
116
2,815
8,709
17,380
144
16,948
6,981
1,270
8,697
12
1,569
3,559
58,512
31,734
6,233
3,723
4,344
446
66
2,677
5,379
13,346
133
13,600
5,455
327
7,818
443
882
4,672
38,114
22,075
2,566
456
5,748
653
36
2,340
4,949
11,832
401
15,737
4,602
528
10,607
431
1,802
4,531
38,639
20,451
3,966
533
3,242
182
3,540
7,752
22,002
139
7
17,216
7,358
9
10
11
Last-in, first-out
Not allocated
1,387
7,971
265
12
1,097
12,632
i<i
43,322
15
16
Less: Accumulated amortization and deprecia-
tion.
19,373
a, 698
106
16
Land
3,781
1,001
Tl
324
?1
4, "809
??
Total liabilities
396,025
14,685
19,135
28,891
85,222
65,043
67,466
115.533
23
24
Accounts payable
Mortgages, notes, and loans payable (short-term):
50,930
13,102
9,379
16,810
10,703
5,584
11,259
18,961
20,585
238,712
2,996
814
661
233
326
773
389
654
367
7,472
3,314
580
784
333
1,101
275
918
729
489
10,612
2,815
705
1,532
1,987
627
1,199
778
285
2,680
16,283
10,925
2,531
1,644
2,967
3,242
1,263
1,792
3,770
2,091
54,997
6,968
2,854
1,809
2,914
1,742
939
1,714
2,567
1,4*8
42,088
7,330
1,496
1,383
3,561
1,754
1,045
1,779
3,264
3,355
42,499
16,582
4,122
1,566
26
27
28
Not segregated
Mortgages, notes, and loans payable (long-term):
4,815
1,911
90
3,389
7,692
31
Other liabilities
10,155
32
Partners' capital accounts
64,761
■11
776, 593
56,521
58,238
76,444
184,709
137,967
114,815
147,399
>1
35
36
768,068
182
1
915
1,480
252
210
158
5,327
56,327
10
81
3
1
99
58,025
10
58
3
142
75,593
32
111
184
25
499
182,612
6
109
209
4
3
95
1,661
136,932
1
145
142
2
6
29
710
113,331
2
144
411
75
9
4
839
145,243
174
Nonqualifying dividends
465
38
39
R
468
171
-
41
42
Net gain, sales other than capital assets
Other income
1
1,377
41
734, 543
49,887
52,618
69,856
173,636
132,131
110,640
145,775
540,210
38,530
7,560
3,793
4,684
12,923
162
1,741
10,279
26, 570
425
9,674
324
722
180
76,766
29,462
3,324
2,158
642
233
1,024
7
104
2,045
2,653
47
8,188
23,274
8,449
866
1,052
300
1,208
20
115
2,059
2,673
3
3
12,596
46,672
3,264
710
320
337
1,336
2
315
1,704
2,742
179
63
6
12,206
125,096
12,179
1,356
618
846
3,269
1
400
2,105
5,959
52
2,551
131
9
19,064
106,013
4,965
1,068
316
• 749
2,182
42
262
1,099
4,246
54
1,535
4
5
9,591
88,803
3,621
756
494
806
1,760
90
226
734
3,355
76
1,550
62
710
13
7_,_534
120,890
2,728
646
351
48
1,413
49
2,144
-
319
433
53
4,942
243
3,859
14
12
58
59
'other deductions
144
7.587
60
61
62
61
Gross profit (less loss) (34 less 44)
Net profit (less loss)(33 less 43)
Net short-term capital gain
227,858
42,050
962
10,270
15,900
8
153
44
244
68,733
26,865
6,634
1,296
2,851
16
4
10,761
34,751
5,620
527
32
6,115
28,921
6,588
1,129
28
97
38
7,610
57,521
11,073
19
1,053
1,348
5
12
1
55
13,425
30,919
5,836
73
869
1,945
3
2
1
66
8,651
24,528
4,175
723
1,908
2,074
9
27
8,844
24,353
2,124
147
3,483
M
Net gain under section 1231
7,654
ft';
Deductions not included above;
66
67
68
Net long-term capital loss
Net loss under section 1231
1
26
54
69
13,327
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
74
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PAHTNERSHIPS WITH BALANCE SHEETS
Table 16.— BALANCE SHEET AND INCOME STATQ1ENT ITEMS FOR SELECTED INDUSTRIES, BY SIZE OF TOTAL ASSETS --Continued
Item and selected industry
MANUFACTURING: PHINIING, PUBLISHING, AND
ALLIED INDUSTRIES
Number of partnerships.
Number of partners
Partnerships with assets greater than zero, by size of total asset£
Total assets
Cash
Notes and accounts receivable..
Less: Reserve for bad debts.
Inventories, total
Other than last-in, first-out
Last-in, first-out
Not allocated
Investments in Govennent obligations
Other current assets
Other investments
Depreciable assets
Less: Accumulated amortization and deprecia-
tion.
Depletable assets
Less: Accumulated depletion
Land
Intangible assets
Less; Accumulated amortization
Other assets
Total liabilities
Accounts payable ,
Mortgages, notes, and loans payable (short-term):
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners ' capital accounts
Total receipts
Business receipts
Income from other partnerships, etc.
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital assets.
Other income
Total deductions
Cost of goods sold...
Salaries and wages...
Payments to partners.
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loaa) (3i less ^i) .
Net profit (less loss) (33 less 43)....
Receipts not included above:
Net short-term capital gain.
Net long-term capital gain. .
(Jet gain under section 1231,
Deductions not included above:
Net short-term capital loss.
Net long-term capital loss..
Net loss under section 1231.
Contributions
69 Compiled net profit (less loss)^ .
(1)
3,917
10,304
Under $25,000
192,941
27,273
46,172
631
22,032
10,530
1,014
10,488
1,431
1,025
6,008
132,142
60,463
1,868
863
4,633
3,132
391
9,563
4,401
4,487
3,123
6,738
4,066
9,342
4,050
5,916
125,263
418,844
416,042
56
234
672
338
1
358,145
231,530
38,804
12,350
7,030
1,503
6,285
21
1,207
2,050
11,629
142
5
45,533
184,512
60,699
337
184
5
13
91
265
(2)
2,062
5,465
$25,000
under
$50,000
(3)
776
1,691
$50,000
under
$100,000
(4)
671
1,702
$100,000
under
$250,000
(5)
284
905
$250,000
under
$500,000
(6)
90
317
$500,000
under
$1,000,000
(Thoutmnd dollarn)
3,759
4,531
56
2,062
1,233
210
569
123
33
57
17,354
9,779
560
X9
30
771
527
1,365
646
496
682
231
801
9,880
67,420
67,339
55, 311
30,109
6,327
3,725
2,277
235
757
113
314
1,733
9,720
37,230
12,109
3,666
5,656
61
2,544
1,392
464
688
182
14
26
20,787
7,700
1,299
548
422
255
11
1,187
27,718
915
1
,760
18
428
910
2
,822
1
,235
455
15
«7
57,647
57,344
46,997
27,637
5,131
2,090
1,181
317
891
6
210
377
2,120
8
29,707
10,650
3
10,674
5,586
U,140
143
4,547
2,296
4
2,247
737
151
557
34,069
15,792
993
593
17
1,341
5,907
10,182
133
3,701
1,295
71
2,335
7
241
2,340
25,969
11,993
9
6
992
889
81
2,946
43,762
1,022
1,247
1,188
1,592
803
1,114
1,703
1,919
23,156
95,976
44
109
32,695
57,710
6,727
1,334
1,369
393
1,454
8
288
460
2,743
16
37,927
13,281
151
9
63
13,379
41,470
893
616
337
1
,433
539
2
,713
62
432
30
,781
77,516
72
166
66, 529
43, 523
6,821
2,581
1,113
262
1,234
183
404
2,496
13
33,993
11,516
32
148
U,639
3,297
6,902
122
3,514
1,859
265
1,390
55
135
429
17,609
7,751
1,300
358
63
1,944
27,657
3,017
466
242
146
1,038
1,209
933
363
ao8
19,430
55,086
54,418
56
12
123
49,339
31,970
7,964
1,009
698
189
932
184
259
1,301
4,773
22,448
5,747
40
5.757
(7)
24
124
2,133
3,482
59
2,911
1,417
1,494
327
58
1,869
8,263
3,853
388
547
7
402
291
95
19
851
103
854
26
506
11,035
32,800
30,009
20,204
3,756
619
373
79
431
74
110
706
6
3,637
12,155
2,791
$1,000,000
or more
(8)
10
100
2,930
4,279
57
2,753
938
343
230
8,091
3,595
508
490
212
991
3,924
43
700
6
219
430
995
10,434
31,870
2
57
174
1
207
27,265
20,377
2,078
492
64
23
586
7
155
126
530
11,052
4,605
9
19
4,593
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS WITH BALANCE SHEETS
Table 16.— BALANCE SHEET AND INCOME STATEMENT ITEMS FOR SELECTED INDUSTRIES, BY SIZE OF TOTAL ASSETS--Contlnued
75
Item and selected industry
Partnerships with assets greater thEin zero, by size of total assets
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
or more
MANUFACTURING: MACHINERY, EXCEPT ELECTRICAL
AND TRANSPORTATION EQUIPMENT
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable...
Less: Reserve for bad debts,.
Inventories, total
Other than last-in, first-out.
Last-in, first-out
Not allocated
Investments in Goverment obligations
Other current assets
Other investments
Depreciable assets
Less: Accumulated amortization and deprecia-
tion.
Depletable assets
Less; Accumulated depletion
Land
Intangible assets
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-term):
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners' capital accounts
Total receipts
Business receipts
Income from other partnerships, etc.
Nonqualifying dividends
Interest
Rents
Royalties ■
Net faiTii profit ■
Net gain, sales other than capital
Other income ■
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent pa i d
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loss) (3A less -W) .
Net profit (less loss) (33 less 43)....
Receipts not included above:
Net short-term capital gain.
Net long-term capital gain..
Net gain under section 1231.
Deductions not included above:
Net short-term capital loss.
Net long-term capital loss..
Net loss under section 1231.
Contributions
69 Compiled net profit (less loss)
(1)
3,303
8,196
32,650
53,036
1,079
36,661
25,655
894
10,112
4,344
1,082
5,906
177,609
93,557
1,077
408
9,530
226
63
8,165
7,838
4,019
2,874
5,306
5,083
5,301
4,374
6,959
162,057
426,025
420,901
60
1,247
934
2,055
368,336
253,575
28,323
12,246
4,322
1,743
7,445
1,537
2,188
14,273
47
333
10
139
42,655
167, 326
57,189
111
2,4U
775
25
97
20
225
(2)
(3)
(4)
(5)
(6)
(7)
1,713
3,869
436
1,029
497
1,274
496
1,396
117
336
(Thouaand dotlara)
3,281
4,190
47
2,153
1,016
86
1,051
1
62
119
17, 533
8,403
465
183
354
4
3
488
2,275
645
537
292
511
534
378
594
555
13,693
55,830
54,249
84
784
44,666
24,922
4,610
2,216
1,913
263
687
404
290
1,991
19
29,327
11,164
64
531
1,793
2,631
28
1,297
1,030
25
26
26,150
18,064
922
3
15,270
376
686
567
263
556
482
1,085
989
8,820
33,195
1
103
26, 148
14,648
3,855
894
584
222
563
90
90
1,410
4,457
6,773
87
4,994
3,270
25
1,699
402
204
1,765
29,403
14,789
1,451
25
4,478
494
359
1,214
615
1,602
979
592
417
24,106
68,589
59
103
58,675
41,056
2,948
3,038
381
205
1,302
214
414
2,636
15
6,461
74,600
9,831
15,550
274
9,290
5,753
212
3,325
3,353
366
760
54,246
27,382
591
225
4,153
20
20
4,329
5,406
1,634
131
1,687
1,190
1,678
1,280
1,548
52,465
130,407
129,083
10
300
359
114,998
18,434
7,047
27,292
9,914
9,930
80,319
7,468
3,774
831
501
2,561
576
649
4,016
16
330
124
13,807
7,633
7,355
142
5,668
3,611
270
1,567
67
258
279
29,057
13,393
21
1,863
84
1
829
39,598
401
270
376
993
966
1,534
270
954
30,246
71,105
70,439
50
61
222
2
331
63,613
46,764
15,409
10
141
46,227
5,470
1,071
269
209
1,254
128
404
2,296
3
3
9
24,212
7,492
7
2,125
111
1
26
9,706
30
134
3,038
4,440
82
4,445
2,404
301
1,740
511
129
415
11,518
6,140
379
33
14
316
284
461
292
530
219
78
524
455
13,342
36,984
34,152
25,394
2,226
579
193
103
654
50
134
1,095
1
2,621
12,457
4,832
10
12
11
4,641
Footnotes at end of table. See text for explanatory statements and "Description of the sample and Limitations of the Data."
654367 O - 62
76
U. S. BUSINESS TAX RETURNS. JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS WITH BALANCE SHEETS
Table 16.— BALANCE SHEET AND INCOME STATEMENT ITEMS FOR SELECTED INDUSTRIES. BY SIZE OF TOTAL ASSETS--Contlnued
Item and selected Industry
Partnerships vlth assets greater than zero, by size of total assets
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
or more
WHOLESALE AND RETAIL TRADE: RETAIL TRADE:
APPAREL AND ACCESSORIES
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable...
Less: Reserve for bad debts..
Inventories, total
Other than last-in, first-out.
Last-in, first-out
Not allocated
Investments in Goverment obligations
Other current assets
Other Investments
Depreciable assets
Less: Accumulated amortization and deprecia-
tion.
Depletable assets
Less: Accunrulated depletion
Land
Intangible assets
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-term):
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners' capital accounts
Total receipts
Business receipts
Income from other partnerships, etc.
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital assets-
Other Income
Total deductions
Cost of goods sold...
Salaries and wages...
Payments to partners.
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm lose
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loss) (3*; lesa A<i) .
Net profit (less loss) (33 less .;3)
Receipts not included above:
Net short-term capital gain.
Net long-term capital gain..
Net gain under section 1231,
Deductions not Included above:
Net short-term capital loss.
Net long-term capital loss..
Net loss under section 1231.
Contributions
69 Compiled net profit (less loss) .
(1)
9,868
22,84A
567,900
81,6i3
97,098
1,738
277,310
134,932
6,181
136,197
1,799
4,473
14,735
150,277
78,511
1,608
865
6,708
1,401
876
12,838
567,900
19,664
7,449
10, 564
14,205
6,877
7,904
5,570
12,062
379,703
1,174,697
1,157,015
142
18
905
3,694
16
6
5
12,896
770,098
110,972
19,814
46,404
3,437
14,806
129
3,149
3,419
12,174
322
96
253
95,444
386,917
94,177
94
2,104
67
14
598
177
1,037
94,616
(2)
(3)
(4)
(5)
(6)
3,247
7,037
2,834
6,364
2,312
5,479
1,265
3,315
173
509
(Thotjamnd dollmra)
7
337
4
667
69
24
335
12
694
773
10
868
117
482
59
10
071
5
723
89
43
98
617
449
1
111
1,423
789
1,188
1,174
304
576
288
2,158
24,293
122,961
122,081
25
119
113,054
82,424
7,112
3,177
7,329
265
1,193
32
97
388
979
39,657
9,907
7
79
54
9,784
15,644
14,403
133
58,396
27,288
31,108
210
184
850
23,406
13,242
993
613
309
327
123
1,086
3,073
2,929
1,295
2,454
1,743
645
625
2,464
67,742
238,557
1
34
118
2
2,286
217,991
160,141
17,584
4,765
10,016
555
3,241
12
384
693
2,372
40
96
154
17,938
75,975
20,566
20,476
20,611
25,066
610
82,937
42, 743
2,519
37,675
434
303
1,525
42,012
20,942
304
98
987
56
7
3,999
27,462
3,843
1,665
2,408
4,009
2,255
2,783
1,986
2,154
108,012
318,788
147
403
290, 532
213,285
27,066
5,054
10,889
1,065
3,724
2
1,008
848
3,488
43
101,728
28,256
231
28,120
28, 579
32,109
291
80,147
33,980
436
45,731
112
995
9,180
49,973
27,977
209
110
4,239
360
287
4,563
7,352
675
3,117
4,359
1,837
2,935
2,016
3,552
127, 338
326,779
320,415
99
6
349
1,595
15
5
3
4,292
301,950
208,505
36,285
5,049
11,582
957
4,583
26
1,083
889
3,540
172
29,270
111,910
24,829
1,920
23
523
27
422
25,802
5,451
13,684
316
21,688
12,660
2,453
6,575
398
1,736
2,222
17,281
6,428
13
1
524
28
1,236
12,010
2,529
971
2,250
1,320
504
723
229
1,302
35,678
107,286
104, 565
41
11
271
912
1,485
99,768
67,786
13,805
1,156
3,954
434
1,356
53
344
430
1,183
25
1
87
9,154
36,779
7,518
4
166
(7)
34
119
2,575
5,501
299
8,634
5,567
3,067
528
742
786
6,762
3,788
551
13
10
472
848
420
306
707
234
242
426
69
14,672
50,583
49,667
2
43
169
47,692
31,448
7,734
566
2,241
135
609
4
214
143
531
2
3
4,022
18,219
2,891
8
73
2,822
(3)
3
21
1,396
1,668
20
31
113
772
411
5,093
1,984
596
363
1,968
9,743
36
3n8
9,533
6,509
1,386
47
393
26
100
19
28
81
2,649
210
12
198
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
77
ACTIVE PARTNERSHIPS WTTH BALANCE SHEETS
TABLE 16.— BALANCE SHEET AND INCOME STATEMENT ITEMS FOR SELECTED INDUSTRIES, BY SIZE OF TOTAL ASSETS --Continued
Item and selected industry
Partnerships with assets greater than zero, by size of total assets
Under $25,000
$25,000
under
$50,000
$50,000
under
$100,000
$100,000
lander
$250,000
$250,000
under
$500,000
$500,000
under
$1,000,000
$1,000,000
or more
WHOLESALE AND RETAIL TRADE: RETAIL TRADE:
FURNITURE, HOME FURNISHINGS, AND EQUIBffiNT
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable..
Less: Reserve for bad debts.
Inventories, total
Other than last-in, first-out
Last-in, first-out
Not allocated
Investments in Goverment obligations
Other current assets
Other investments
Depreciable assets
Less: Accuznulated amortization and deprecia
tion.
Etepletable assets
Less: Accumulated depletion
Land
Intangible assets
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (ahort-terto) :
Banks
Other
Not segregated
Other current liabilities •- . • .
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners • capital accounts
Total receipts
Business receipts
Income from other partnerships,
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital assets
Other income
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loss) (34 less ^) .
Net profit (less loss) (33 less 43)
Receipts not included above:
Net short-term capital gain.
Net long-term capital gain..
Net gain under section 1231.
Deductions not included above:
Net short-term capital loss.
Net long-term capital loss..
Net loss under section 1231.
Contributions
Compiled net profit (less loss)
(1)
8,580
20,627
54,515
219,056
5,156
199,043
102,310
5,053
91,680
11,939
4,246
12, 514
139,657
54,408
1,114
633
14,362
2,534
58
16,313
615,038
106, 581
20,890
12,498
9,590
13,795
8,513
16,962
14,427
26,056
385,726
1,108,872
1,086,561
209
12
2,455
2,216
8
8
62
17,341
731,380
95,393
19,198
25,171
5,056
12,963
111
5,926
3,252
11,847
57
142
28
186
96
101,311
355,181
96,755
9
636
799
76
63
10
759
(2)
(3)
(4)
(5)
(6)
3,279
7,297
1,790
4,211
1,689
3,982
1,373
3,659
340
1,027
(Thoutand dollora)
6,216
8,233
107
17,396
9,404
363
7,629
13
243
34
10,268
4,663
584
319
404
240
39,744
1,276
1,357
670
1,157
475
751
900
1,048
20,785
131,767
123
82
41
911
118,695
82, 314
8,364
3,629
4,941
389
l,ia9
5
649
382
1,452
17
68
15,363
48,296
13,072
123
85
70
13,189
5,829
14,621
455
30,149
14,518
820
14,811
50
313
505
17,346
6,808
115
99
1,070
198
2,814
15,201
2,936
2,423
1,6a
1,966
2,019
2,183
1,560
2,230
33,989
161,983
160,614
1
145
188
14
1,021
148,983
112,658
9,131
3,948
4,229
757
1,699
598
412
1,751
47,956
13,000
17
127
25
13,119
11,730
38,053
856
42,256
20,282
6^3
a, 331
124
1,511
1,587
28,533
11,257
64
2,485
1,781
9
2,335
2,709
2,529
1,465
3,998
998
5,205
2,893
3,152
72,943
241,768
420
329
3,109
a9,730
162, 381
18,645
3,974
5,629
1,178
2,948
98
955
790
2,650
43
28
165
75,448
22,038
73
21,975
16,812
68,786
1,125
63,705
31,679
3,011
29,015
3,121
826
3,758
46,970
17,918
269
184
6,105
270
4
7,252
28,598
6,208
3,336
2,654
2,865
3,372
5,363
5,585
6,556
134,106
331,619
323,454
106
850
1,069
8
1
6,131
302,031
221,935
28,898
5,023
5,747
1,426
4,166
8
2,246
860
3,583
1
54
28
28,056
101,519
29,588
78
543
23
10
270
9,237
53,072
1,509
26,108
13,743
216
12,149
8,182
343
2,101
20,043
7,556
82
31
3,102
45
1,119
114,833
16,502
2,443
1,948
1,720
1,913
836
2,531
1,704
5,131
80,110
146,200
141,300
33
1
511
367
2
3,436
133,474
95,731
15,603
1,386
2,354
6U
1,878
735
375
1,446
13,352
46,069
12,726
366
3
160
12,869
(7)
97
389
61,472
4,140
25,534
760
16,279
10,502
5,777
399
476
4,296
13,843
5,189
9,739
4,655
871
1,460
1,529
630
802
1,025
7,215
33,496
76, 522
74,084
1
10
397
150
71,803
45,708
11,837
1,055
1,827
538
937
514
322
807
4
8,247
28,376
4,719
128
4,623
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
78
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS WITH BALANCE SHEETS
Table 16.— BALANCE SHEET AND INCOME STATEMENT ITEMS FOR SELECTED INDUSTRIES, BY SIZE OF TOTAL ASSETS --Continued
Item and selected Industry
Partnerships with assets greater than zero, by size of total assets
Under $25,CXX)
$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
or more
WHOLESALE AND RETAIL TRADE: RETAIL TRADE:
AUTOMOTIVE DEALERS
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable..
Less: Reserve for bad debts.
Inventories, total
Other than last-in, first-out
Last-in, first-out
Not allocated
Investments in Govemient obligations
Other current assets
Other investments
Depreciable assets
Less: Accumulated amortization and deprecia-
tion,
Depletable assets
Less: Accumulated depletion
Lend
Intangible assets
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-tenn):
Banks
Other
Not segregated
Other ciurrent liabilities
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners' capital accounts
Total receipts
Business receipts
Income from other partnerships, etc
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital assets*
Other income
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loss) (3^ less -14).
Net profit (less loss) (33 less 43)
Receipts not included above:
Net short-term capital gain.
Net long-term capital gain..
Net gain under section 1231,
Deductions not included above:
Net short-term capital loss.
Net long-term capital loss..
Net loss under section 1231.
Contributions
Compiled net profit (less loss)
(1)
10,285
24,645
865,103
84,659
180,734
5,667
373,277
190,792
8,049
174,436
9,267
9,459
16,070
241,366
108,385
2,660
1,337
33,048
1,577
83
28,458
865,103
107,785
55,986
55,896
40,660
a, 113
12,463
26,742
26,701
23, 308
494,449
3,446,933
3, 394, 783
98
13
4,430
5,473
115
138
460
41,423
3,347,856
2,919,255
145,338
29,689
22,084
15,104
19,193
331
9,783
7,926
18,554
114
45
29
11
83
160,317
475,528
99,077
150
6,853
898
4,018
70
396
423
102,071
(2)
(3)
(1)
(5)
(6)
3,147
7,728
1,907
4,327
2,636
5,993
2,063
4,981
392
1,016
(Thoummnd dollara)
5,041
5,299
326
18,985
10,161
106
8,718
158
450
271
7,485
3,383
116
28
801
5,602
2,857
1,981
910
804
263
744
853
409
21,411
213,264
210,927
182
162
202,990
175,292
6,073
3,115
2,701
852
1,090
18
650
883
880
19
U,354
35,635
10,274
363
194
387
1
10,443
7,033
12,097
412
35,373
14,954
508
19,911
161
1,076
986
19,717
9,587
593
386
1,556
85
5
2,486
70,773
3,360
6,274
3,551
2,270
1,465
2,667
1,727
2,051
38,320
301,573
351
229
184
2,355
288,036
251,211
9,466
2,959
2,925
1,334
1,945
5
1,130
1,344
1,592
8
15
14,100
47,243
13, 537
40
416
84
13
15
14,049
19,901
29,277
817
38,017
43,826
2,190
42,001
580
1,328
2,143
62,630
28,404
1,120
636
8,893
371
1
5,918
190,320
25,236
11, 522
12,535
11,165
4,318
3,885
4,243
5,450
3,343
108,613
751,921
741,268
11
10
459
2,441
39
59
7,6X
728,634
636,918
27,291
8,100
4,591
3,693
4,362
26
2,049
1,462
5,394
6
3
3
5
13
34,713
104,350
23,287
10
4,038
48
32,201
57,837
2,132
134,014
70, 576
3,855
59, 533
1,256
2,990
4,693
95,995
41,566
459
126
11,420
931
62
9,581
307,441
17,217
13,499
13,600
7,048
4,111
9,314
3,072
5,600
188,728
1,210,271
1,192,892
25
2
1,227
1,502
98
30
86
14,409
1,130,450
1,036,163
51,166
9,974
6,250
4,900
6,707
158
3,046
2,500
5,961
36
14
17
2
28
53,523
156,724
29,821
58
677
254
449
18
5
131
13,422
25,981
959
54,833
29,940
962
23,931
1,128
1,915
3,919
33,620
15,648
183
60
5,571
190
15
6,482
130,562
8,113
6,747
6,579
3,434
1,637
2,675
2,387
2,693
79,380
542,073
532,924
43
1
844
712
3
40
27
7,479
528,826
460,417
27,712
3,258
2,944
1,991
2,353
73
1,358
1,101
2,552
17
7
7
4
5
24,522
72,507
13,247
11
200
144
(7)
112
405
5,063
24,701
353
26,514
13,425
428
12,661
5,384
1,210
2,667
12,240
5,632
189
101
3,217
9,387
4,961
2,266
1,954
295
563
1,846
2,799
42,642
271,610
318
267
6
29
102
3,376
264,800
230,727
13,785
1,325
1,616
1,017
1,338
44
475
404
999
3
2
36,280
6,810
2
810
136
72
4,113
(8)
28
195
53,184
1,998
25,542
618
15,541
7,910
7,631
lOO
490
1,391
9,679
4,165
1,636
53,134
6,469
3,530
4,899
2,589
1,235
807
6,531
5,866
6,408
14,850
156,221
151,3U
14
349
160
2
4,185
154,120
128,522
9,845
958
1,057
1,317
893
7
1,075
232
1,176
3
9,035
22,789
2,101
29
349
38
76
2,432
Fcxjtnotea at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS WITH BALANCE SHEETS
Table 16.— BALANCE SHEET AND INCOME STATEMENT ITEMS FOR SELECTED INDUSTRIES, BY SIZE OF TOTAL ASSETS--Contlnued
79
Item and selected industry
Partnerships with assets greater than zero, by size of total assets
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
or more
SERVICES: BUSINESS SERVICES
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable...
Less: Reserve for bad debts..
Inventories, total
Other than last-in, first-out.
Last-in, first-out
Not allocated
Investments in Goverment obligations
Other current assets
Other investments
Depreciable assets
Less: Accumulated amortization and deprecia-
tion,
Depletable assets
Less: Accumulated depletion
Land
Intangible assets
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-term):
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-terra):
Banks
Other
Not segregated
Other liabilities
Partners ' capital accounts
Total receipts
Business receipts
Income from other partnerships.
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital atv
Other income
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loss) (34 leas ^) .
Net profit (lees loss) (33 less A3)
Receipts not included above:
Net short-term capital gain.,
Net long-term capital gain..,
Net gain under section 1231,,
Deductions not included above:
Net short-term capital loss..
Net long-term capital loss...
Net loss under section 1231..
Contributions
Compiled net profit (less loss)
(1)
8,730
23,400
43,858
84,937
763
13,664
5,898
291
7,475
3,714
2,817
17,721
218,946
106,983
1,358
629
7,859
4,907
293
18,182
309,295
59,098
8,459
14,077
12,559
7,973
7,372
19,459
9,871
15,507
154,920
590,897
581,951
545
3
569
3,539
1,258
37
2,995
482,562
215,123
91,964
15,245
13,667
3,400
8,756
25
1,679
4,559
29; 995
862
161
95
97,025
366, 828
108,335
28
5,442
1,304
169
113
938
679
(2)
(3)
(4)
(5)
(6)
6,150
15,710
10,076
7,013
175
2,641
1,291
42
1,308
434
287
824
37,619
22,188
392
230
713
967
222
2,492
40,643
7,116
2,078
2,116
1,771
1,307
789
1,520
711
671
22,564
169,067
360
85
6
,046
130,201
41,605
30,668
5,708
6,947
415
2,064
5
658
1,254
4,733
58
13
5
43
36,025
125,899
38,866
723
36
733
285
1,053
2,627
929
2,265
459
1,780
69
405
(Thouaond dollars)
37,747
7,482
7,067
107
1,311
777
534
226
495
164
28,370
14,324
205
140
1,223
1,533
4
4,246
857
1
220
967
1
140
363
2
231
432
662
23
740
17
1,072
20
339
66,540
26,260
14,959
1,578
2,084
285
1,493
14
177
1,196
3,695
14,650
57, 393
18,561
125
18,678
7,282
13,966
29
4,699
1,121
75
3,503
218
637
3,807
49,777
25,123
280
64
1,695
1,475
10
5,318
63,928
1,021
2,599
2,577
1,907
1,558
3,336
1,654
4,069
38,134
99,760
98,402
272
101
655
85,464
41
271
14
496
1
951
1
679
645
1
590
106
671
5
655
57,131
14,296
1
3,264
3
8
88
17,462
9,514
16,602
115
2,028
869
33
1,126
516
791
6,433
46,970
21,603
1,221
513
22
1,781
64,630
3,172
4,491
3,006
1,424
1,923
1,831
3,788
620
37,518
107,357
105,805
82
104
98
10
287
89,718
52,247
12,446
4,071
1,147
532
1,741
5
381
446
7,065
5
3
1
52
9,576
53,558
17,639
197
57
17,525
4,664
7,339
162
923
691
113
119
596
213
1,932
12,516
5,934
779
273
35
683
4,836
288
391
200
987
24
210
506
2,002
14,343
65,738
64,538
159
32
170
56, 948
32,252
10,468
822
1,069
116
781
1
56
447
1,848
32,286
8,790
59
8,820
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
(7)
3,947
10,381
175
1,614
1,149
28
437
1,724
353
3,780
19,951
6,094
480
195
2,192
146
3,595
152
3,145
244
1,092
2,715
10,326
42
1,290
18,137
51,896
50,151
32
3
199
1,322
1
183
43,991
21,488
7,284
1,077
615
797
842
212
318
1,898
28
28,663
7,905
23
76
117
60
7,973
(8)
14
58
893
22,569
41
781
23,743
11,717
891
115
3,794
5
2,738
6,193
484
11,978
11,898
52
9,700
1,643
38
126
610
240
89
227
5,101
11,898
2,278
988
1,054
122
4
5
4,189
80 U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS WITH BALANCE SHEETS
Table 16.— BALANCE SHEET AND INCOME STATEMENT ITEMS FOR SELECTED INDUSTRIES, BY SIZE OF TOTAL ASSETS— Continued
Item and selected industry
Partnerships •fitti assets greater than zero, by size of total assets
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
or aore
AUTCMOBILE REPAIR, SERVICES, AND
GARAGES
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable..
Less: Reserve for bad debts.
Inventories, total
Other than last-in, first-out.
Last-in, first-out
Not allocated
Investments in Govennent obligations
Other current assets
Other investments
Depreciable assets
Less: Accumulated amortisation and deprecia-
tion.
Depletable assets
Less; Accumulated depletion
Land
Intangible assets.
Less; Acciimulated amortization
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-term) ;
Banl£s
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-term);
Banks
Other
Not segregated
Other liabilities
Partners ' capital accounts
Total receipts
Business receipts
Income from other partnerships, etc.
Nonqualifying dividends
I nterest
Rents
Royalties
Net fans profit
Net gain, sales other than capital assets.
Other incoioe
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Groas profit (less loss) (3-4 less i4) .
Net profit (less loss) (33 less ^3)
Receipts not included above;
Net short-tern capital gain.
Net long-term capital gain,.
Net gain under section 1231.
Deductions not included above;
Net short-term capital loss.
Net long-term capital loss..
Net loss under section 1231.
Contributions
69 Compiled net profit (less loss)
(1)
7,935
18,238
33,050
58,ii8
1,188
39,850
10,625
907
28,318
3,098
2,199
16,823
184,066
73,356
1,912
823
33,926
1,244
540
9,860
308, 569
37,558
60,180
6,660
5,847
11,665
14,672
U,705
9,557
14A,837
460,930
1,560
2,719
74
2
352
2,376
396,501
218,655
49,844
U,772
22,723
5,365
8,751
IX
1,622
4,010
23,451
734
59
421
71
48,893
235,153
64,429
20
1,543
4,861
3,013
2
34
144
67,660
(2)
(3)
(4)
(5)
(6)
5,470
12,124
42,839
7,085
7,820
U7
6,241
3,148
639
2,454
1
367
973
29,802
13,939
1,476
674
1,746
254
16
1,840
42,839
6,702
1,185
1,401
684
1,400
358
1,152
1,726
767
27,464
172,439
19
379
15
640
142,100
82,469
15,431
6,724
11,262
613
2,398
24
437
852
3,224
7
18,657
88,904
30,339
2
560
321
15
31
1,271
2,979
773
1,993
265
674
81
210
(TTtouUtnd dollar a)
5,917
8,126
781
4,295
1,735
258
2,302
115
365
30,647
11,010
204
89
6,668
64
35
1,318
45,804
1,588
1,634
513
468
1,041
3,628
2,742
729
28,852
95,164
35
514
6
679
80,880
49, 511
10,299
1,798
2,205
606
1,989
18
438
831
3,136
44,359
14,284
10
3,867
52,087
5,356
7,259
115
6,520
2,532
3,988
25
829
865
33,498
12,982
121
60
7,661
11
4
3,103
1
100
751
734
1
229
4
,127
2
433
539
2
346
33
904
97,145
34
1,042
1
468
86,530
49,739
14,257
1,538
6,177
396
1,675
25
355
709
2,493
11
9,093
45,861
10,515
104
3
10,682
3,654
3,370
109
3,978
2,740
1
1,237
3,059
47
296
20,891
7,760
1,494
1,007
3U
1,705
3,215
2,457
1,491
264
23,528
43,677
97
391
1
1
39,361
25,a0
3,723
618
1,575
402
832
62
264
640
1,945
12
420
3,658
17,877
4,316
138
31
4,470
1,056
2,430
1,334
455
9
870
13
631
557
22,020
7,932
111
8,379
596
485
101
28,811
347
631
ilZ
299
1,113
4,292
3,292
510
11,674
23,000
29
333
27
208
21,848
10,741
2,171
133
367
673
947
32
279
3,165
53
3,287
11,662
1,152
5
161
12
1
25
1,304
(7)
44
120
1,231
774
44
62
12,946
29,020
14,282
1,381
319
31,682
10,370
14
332
1,812
491
1,036
4,604
12,605
12,278
11,487
39
129
60
303
260
10,727
365
1,406
100
428
858
332
I
62
363
4,608
710
11,122
1,551
12
202
177
12
1,930
(8)
31
138
8,751
28,669
2
17,468
U
17,457
148
821
18,188
5,451
69,920
12,709
44,096
1,222
3,193
219
879
337
6,810
17,227
15,988
1,217
1
21
15,055
620
2,557
861
709
l,ai7
578
34
336
1
2,655
15,368
2,172
1
368
450
3,013
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS WITH BALANCE SHEETS
Table 16.— BALANCE SHEET AND INCOKE STATEMENT ITEMS FOR SELECTED INDUSTRIES, BY SIZE OF TOTAL ASSETS--ConCinued
81
Item and selected industry
Partnerships vd.th assets greater than zero, by size of total assets
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
or more
ENGINEERING AND ARCHITECTURAL
SERVICES
Number of partnerships.
Number of partners
Total assets
Cash
Notes and accounts receivable..
Less: Reserve for bad debts.
Inventories, total. . .
Other than last-in.
La st- i n , first-out .
Not allocated
Investments in Goverment obligations
Other current assets
Other investments
Depreciable assets
Less: Accumulated amortization and deprecia
tion.
Depletable assets
Less: Accumulated depletion
Land
Intangible assets
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Mortgages, notes, and loans payable (short-term):
Banks
Other
Not segregated
Other current liabilities
Mortgages, notes, and loans payable (long-term):
Banks
Other
Not segregated
Other liabilities
Partners ' capital accounts
Total receipts
Business receipts
Income from other partnerships.
Nonqualifying dividends
Interest
Rents
Royalties
Net farm profit
Net gain, sales other than capital assets
Other income
Total deductions
Cost of goods sold
Salaries and wages
Payments to partners
Rent paid
Interest paid
Taxes
Casualty losses
Bad debts
Repairs
Depreciation
Amortization
Depletion
Net farm loss
Net loss from other partnerships, etc
Net loss, sales other than capital assets.
Other deductions
Gross profit (less loss) (34 less W) .
Net profit (less loss) (33 less ^3)
Receipts not included above:
Net short-term capital gain.
Net long-term capital gain..
Net gain under section 1231.,
Deductions not included above:
Net short-term capital loss.
Net long-term capital loss,.
Net loss under section 1231.
Contributions
Compiled net profit (less loss)
(1)
4,879
12,449
177,929
55,767
51,720
286
9,682
1,603
8,079
4,536
593
10,445
51,810
22,197
556
334
4,259
715
67
10,730
177,929
8,833
5,018
1,623
10,212
1,971
3,593
1,418
20,737
96,075
622,988
614,264
4,000
112
349
467
179
1
489,466
119,901
188,578
18,070
16,122
1,618
8,548
2
1,108
1,009
6,474
56
17
127,331
494,363
133,522
192
104
54
40
59
779
132,886
(2)
(3)
(4)
(5)
(6)
3,621
8,510
25,332
11,305
2,939
244
161
188
643
14,729
6,524
556
334
237
249
2
1,102
25,332
2,028
1,940
601
812
612
615
542
2,183
13,124
185,825
182,528
728
36
227
129,443
15,495
48,728
8,436
5,579
337
2,030
2
49
318
2,224
6
1
6
5
46,227
167,033
56,382
176
56,294
609
1,621
374
1,107
162
583
68
282
(Thotiaand dollars)
21,022
9,070
2,982
11
549
57
492
98
15
612
9,632
3,842
1,025
76
40
856
21,022
735
634
408
1,610
655
803
79
689
14,992
77,766
77, 598
22
3
990
25
640
2
854
1
602
390
1
009
22
219
1
027
1
19,649
73,608
21,292
21,218
27,690
11,795
6,524
329
60
663
9,435
3,336
1,578
223
1,019
444
178
255
940
697
21,031
■,563
452
76
183
63,276
13,850
25,973
2,422
1,788
172
1,365
248
143
929
23
10
16,343
66,713
18,296
152
18,151
6,917
7,473
31
1,045
333
712
702
118
4,683
6,172
2,865
482
74
1
382
1,863
314
379
1,119
233
156
98
1,223
16,616
83,238
81,674
1,196
69,216
19,442
27,071
1,997
1,940
203
1,486
14
108
794
1
16,140
62,232
14,022
7
38
160
13, 866
4,655
6,691
3
6,401
154
6,247
47
76
908
4,538
1,989
409
2
1,008
1,581
44
1,379
202
341
200
6,529
8,146
58,736
57,432
1,126
49,903
16,010
21,135
701
1,232
143
773
274
77
450
41,422
8,833
8,751
(7)
25
174
2,793
9,058
13
1,044
546
498
1,341
107
1,145
2,310
1,175
528
25
5
805
1,017
23
13
14
363
299
1,538
9,432
47, 826
47,306
164
112
73
8
35
1
42,316
17,230
13,619
669
1,473
185
725
186
62
357
6
7
30,026
5,510
33
42
5,466
(8)
20
172
9,232
16,053
228
309
262
47
2,019
29
1,791
4,994
2,466
37,636
12,041
1,163
82
3,163
375
200
7,878
12,734
83,025
87,163
312
78,838
33,834
26,412
991
2,508
188
1,160
315
82
693
1
12,647
53,329
9,187
26
36
109
9,140
'Net profit (less loss) plus Income not included in total receipts (62, 63, and 64), less deductions not included in total deductions (65, 66, 67, and 68).
^Loss.
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data. See table 9 for complete list of industrial groups for active partner-
ships.
82
ACTIVE PARTNERSHIPS
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
Table 17. —NUMBER OF PARTNERSHIPS AND TOTAL RECEIPTS: COMPARISON OF ALL ACTIVE PARTNERSHIPS WITH PARTNERSHIPS WITH BALANCE SHEETS, BY
SELECTED INDUSTRIES
Industry
All active
partnerships
Number of partnerships
Partnerships with
balance sheets
All active
partnerships
(Thauamnd
doltmra)
Total receipts
Partnerships with
balance sheets
Ajnount
(1)
(2)
(3)
(1)
(5)
All industries
Agriculture, forestry, and fisheries
Farms
Ulnlng
Crude petroleum and natural gas
Construction
General contractors
Spec isl trade contractors
Manufacturing
Food and kindred products , including beverages
Apparel and other finished products made from fabrics and similar materials.
Lumber and wood products, except furniture
Printing, publishing, and allied industries
Machinery, except electrical and transportation equipment
Transportation, communication, and sanitary services
Motor freight transportation and warehousing
Wholesale and retail trade
Wholesale trade
Retail trade
Food
General merchandise
Apparel and accessories
Furniture, home furnishings, and equipment
Automotive dealers
Gasoline service stations
Eating and drinking places
Building materials
Hardware and farm equipment
Drug stores and proprietary stores
Liquor stores
Finance insurance, and real estate
Security and commodity brokers, dealers, exchanges, and services
Real estate
Services
Hotels, rooming houses, camps, and other lodging places
Personal services
Laundries, laundry services, and cleaning and dyeing plants
Photographic studios, including commercial photography
Beauty and barber shops, including schools
Business services
Automobile repair, services, and garages
Repair services, except automotive
Recreational services
Medical and other health services
Offices of physicians and surgeons
Offices of dentists and dental surgeons
Legal services
Engineering and architectural services
Accounting, auditing, and bookkeeping services
141,715
131,530
13,301
8,M9
19,508
il,211
47,869
6,800
3,305
9,456
6,639
4,897
17,623
11,981
241,170
40,261
11,416
15,247
14,413
16,759
31,256
49, 191
5,553
11,819
9,311
5,4U
185,173
4,8X
141, 198
160,498
15,085
33,490
13, 6U
1,451
11,489
15,944
18,460
10,612
12,520
17, 322
8,172
1,046
20,123
6,511
8,193
55,865,475
20,042
16,690
6,030
4,255
9,485
17,013
28,855
3,909
2,988
3,301
3,917
3,303
7,130
4,518
1U,595
16,714
5,133
9,868
8,580
10,285
10,521
18,470
3,645
7,179
5,616
3,188
95,192
2,665
69,080
79,405
6,875
14,338
6,974
852
3,247
8,730
7,935
4,585
5,608
10,777
5,218
724
8,641
4,879
5,774
14.1
12.7
45.3
50.4
48.6
41.3
60.3
57.5
90.4
34.9
59.0
67.5
40.5
37.7
47.5
41.5
45.0
64.7
59.5
61.4
33.7
37.5
65.6
60.7
60.3
58.9
51.4
55.1
48.9
45.6
43.0
51.2
58.7
28.3
54.6
43.0
43.2
44.8
62.2
63.8
69.2
42.9
74.9
70.5
4,412,813
3,672,798
986,837
546,745
4,334,987
3,008,113
7,756,708
2,007,628
1,020,601
1,048,350
509,867
519,387
1,119,613
783,062
42,073,880
lA, 693, 198
25,U3,176
5,594,141
1,172,710
1,474,277
1,434,984
4,243,204
2,389,034
2,447,117
926, 161
1,444,555
1,272,341
575,123
4,745, K3
1,302,761
2,452,515
9,166,991
580,482
1,170,394
600,761
62,646
182,471
754,813
770,081
307,268
575,642
1,759,353
361,565
71,415
1,742,520
725,590
712,654
1,594,345
1,205,075
745,511
444,985
3,290,550
1,975,604
6,553,468
1,626,570
965,920
776, 593
418,844
426,025
751,341
495,717
30,413,251
11,966,830
16,795,833
3,345,654
740, 529
1,174,697
1,108,872
3,446,933
1,032,230
1,323,429
739,226
1,056,668
891, 120
424,951
3,641,345
1,100,503
1,811,946
6,475,590
421,324
791,835
441,938
51,886
74,505
590,897
460,930
186, U3
425,384
1,281,986
618,679
54,023
1,038,597
622,983
603,064
(6)
36.1
32.8
75.5
81.4
76.0
65.7
84.5
81.0
94.6
74.1
82.1
82.0
67.1
63.3
72.3
81.4
66.8
59.8
63.1
79.7
77.3
81.2
43.2
54.3
79.8
73.1
70.0
73.9
76.7
34.5
73.9
72.6
67.7
73.6
32.8
40.8
78.3
50.0
60.6
73.9
72.9
71.8
75.6
59.6
85.9
84.6
NOTE: Industry detail does not add to totals which Include data for business activities not shown. See table 9 for complete list of industrial groups for active partnerships.
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
ACTIVE PARTNERSHIPS
83
Table 18 .— INVENTORY REPORTING PATTERNS, BY SELECTED INDUSTRIES
Active partnerships
Total
number
percent
reporting
some
inventory
data
Partnerships, with and without net profit, reporting inventory —
Both beginning- and end-of-year
Beginnlng-
of-year
(Thouwmnd
dollmra)
End-of-year
( Thoutand
dollara)
Beginnlng-of-year only
(Thouaand
dolUrt)
End-of-year only
(Thou»»nd
dollmru)
Number of
partner-
ships not
reporting
or without
Inventory
(1)
(2)
f3)
(i)
(5)
(6)
(7)
(8)
(9)
All industries.
Agriculture, forestry, and fisheries.
Fanss
Mining
Crude petroleum and natural gas.
Construction
General contractora
Special trade contractors.
Manufacturing
Food and kindred products, including beverages
Apparel and other finished products made from fabrics
and similar materials
Lumber and wood products, except furniture
Printing, publishing, and allied industries
Machinery, except electrical and transportation equip-
ment
Transportation, communication, and sanitary services.
Motor freight transportation and warehousing
Wholesale and retail trade.
Wholesale trade
Retail trade
Food
General merchandise
Apparel and accessories
Furniture, home furnishings, and equipment.
Automotive dealers
Gasoline service stations
Eating and drinking places
Building materials
Hardware and farm equipment
Drug stores and proprietary stores.
Liquor stores
Finance, insurance, and real estate.
Services.
Hotels, rooming houses, caraps, and other lodging places.
Personal services
Laundries, laundry services, and cleaning and dyeing
plants
photographic studios, including commercial photography
Beauty and barber shops, including schools
Business services
Automobile repair, services, and garages
Repair services, except automotive
Recreational services
Medical and other health services
Offices of physicians, surgeons, and oculists.
Engineering and architectural services
Accounting, auditing, and bookkeeping services..
141,715
131,530
13,301
8,449
67,130
19,508
41,211
47,869
6,800
3,305
9,456
6,639
4,397
17,623
11,981
50,456
241,170
40,261
11,416
15,247
14,413
16,759
31,256
49,191
5,553
11,819
9,311
5,414
185,173
160,498
15,085
33,490
13,614
1,451
11,489
15,944
18,460
10,612
12,520
17,322
8,172
6,511
8,193
301,296
4,747,451
5,053,693
15,613
163,725
26,713
164,189
6.4
5.2
4.5
2.2
29.2
19.8
36.0
62.9
72.2
84.0
35.3
60.7
5.4
5.0
63.1
83.9
86.4
88.4
92.6
87.3
76.2
86.9
75.1
87.1
91.9
93.6
89.6
22.7
16.0
25.7
16.2
41.5
17.2
17.1
56.7
65.5
25.6
6.0
2.0
5.5
1.9
7,632
5,720
434
137
15,789
2,740
12,460
26,374
4,637
2,579
2,642
3,709
2,457
705
415
216,744
27,273
180,113
31,873
9,412
12,334
11,293
10,325
23,296
31,272
4,461
10,430
8,486
4,437
31,138
2,162
7,621
1,864
463
1,743
2,079
9,006
6,062
2,539
972
164
196
131
207,773
175,019
9,694
700
205,305
89,623
102,611
547,571
91,257
96,355
72,102
22,134
4,945
3,223
3,649,570
915,702
2,510,368
262,073
210,604
321,105
220,032
321,093
81,467
57,970
136,226
3,737,270
183,049
59,982
109,489
6,165
21,649
4,779
1,430
763
10,209
35,007
21,533
3,632
3,044
515
4,353
326
203,944
170,014
9,932
875
214,080
94,348
107,369
594,358
97,691
102,048
78,232
22,892
6,039
3,353
3,394,731
999,363
2,657,735
269,474
217,845
338,653
235,556
339,043
100,138
57,327
142,090
409,992
195,379
60,296
806
774
(1)
1,599
558
383
1,197
93
62
446
(1)
150
9,986
1,437
8,220
1,467
259
433
417
679
1,357
2,137
(1)
(1)
114,963
5,941
22,751
4,347
1,535
764
10,958
37,193
23,021
3,955
3,343
531
5,477
324
Not applicable
1,524
225
177
376
316
203
14,887
14,543
1,198
39,082
21,913
14,027
24,495
7,538
4,962
5,176
(M
(M
(1)
74,566
20,823
49,974
6,440
4,209
5,476
3,110
11,904
3,903
3,919
(')
1,363
7,391
(1)
1,455
(1)
(M
1,303
1,617
323
235
(1)
(M
619
311
2,184
562
1,491
2,042
172
136
250
237
3,132
14,034
1,461
422
850
371
1,765
2,505
3,512
317
249
149
218
3,700
224
771
237
217
475
1,089
574
407
(M
(1)
5,548
1,313
(M
(')
23,214
16,346
5,833
7,532
599
1,762
1,579
193
119,356
31,768
82,886
7,160
2,376
7,185
3,828
29,627
5,438
2,990
2,490
4,693
2,621
1,221
5,733
274
1,003
530
93
1,243
1,462
757
632
f)
(M
(')
(10)
605,774
132,658
124,725
12,699
8,266
47,558
15,648
26,377
17,756
1,393
523
6,118
2,610
16,631
11,339
59,397
18,609
38,798
5,460
1,323
1,130
1,827
3,990
4,098
12,270
716
955
597
561
135,173
124,086
12,671
24,873
11,407
849
9,509
13,213
7,989
3,660
9,321
16,290
3,003
6,156
3,042
*No reliable estimate of the sampling variability can be obtained from the sample. Data, however, are included in totals.
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data."
Industry detail does not add to totals which include data for business activities not shown. See Table 9 for complete list of industrial groups for active partnerships.
84
ACTIVE PARTNERSHIPS
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
Table 19 . —NUMBER OF PARTNERSHIPS, RECEIPTS, COST OF GOODS SOLD ITEMS, GROSS PROFIT, NET PROFIT, NET LOSS, AND DEDUCTIONS, BY INDUSTRIAL DIVISION
All
Industries
InduBtrlel division
Agricul-
ture,
forestry;
and
fisheries
Mining
Construc-
tion
Manufac-
turing
Transpor-
tation,
connDuni-
oalion,
and
sanitary
services
Wholesale and retail trade
Total
tfholeaale
and retell
trade
Wholesale
trade
Retail
trade
Wholesale
and retail
trade not
allocable
Finance,
insxirance,
and reel
estate
Nature of
business
not al-
locable
NUMBER OF PARTNERSHIPS
With and without net profit, total.
With cost of goods sold
Without cost of goods sold
With net profit, total
With cost of goods sold
Without cost of goods sold
Without net profit, total
With cost of goods sold
ylthout cost of goods sold
(1)
(2)
O)
M
(5)
(6)
(7)
(8)
(9)
(10)
(U)
(1^)
PARTNERSHIPS WITH AND WITHOUT NET
PROFIT
With cost of goods sold:
Total receipts
Business receipts
Total deductions
Cost of goods sold
Business deductions, totsl...
Inventory, beglnning-of-year
Purchases
Labor, supplies, etc
Inventorji end of year Gninus) .
Other business deductions
Gross profit (less loss)^
Net profit (less loss)^
Without cost of goods sold:
Total receipts
Total deductions
Net profit (less loss)*'
PARTNERSHIPS WITH NET PROFIT
With coat of goods sold:
Total receipts
Business receipts
Total deductions
Cost of goods sold
Business deductions, total...
Inventory, beglnnlng-of-year
Purchases
Labor, supplies, etc
Inventory, end of year (minus) .
Other business deductions
Gross profit (less loss)*.
Net profit'
Without cost of goods sold:
Total receipts
Total deductions
Net profit (leas loss)'..
PARTNERSHIPS WITH NET LOSS
With cost of goods sold:
Total receipts
Business receipts
Totsl deductions
Cost of goods sold
Business deductions, total...
Inventory, beglnning-of- year
Purchases
Labor, supplies, etc
Inventory, end of year (minus).
Other business deductions
Gross profit (less loss)^
Net loss'
Without cost of goods sold:
Total receipts
Total deductions
Net loss'
9i9,396
491,840
457,556
759,172
410,679
348,493
190,224
81,161
109,063
141,715
31,703
110,012
107,350
24,400
82,950
34,365
7,303
27,062
13,301
6,181
7,120
7,921
3,376
4,045
5,380
2,305
3,075
67,130
55,914
11,216
57,481
48,542
8,939
9,649
7,372
2,277
47,869
42,142
5,727
38,681
34,849
3,832
9,188
7,293
1,895
17,623
3,359
14,264
13,817
2,560
11,257
3,806
799
3,007
303,822
280,509
23,313
253,244
235,457
17,787
50,578
45,052
5,526
50,456
40,804
9,652
42,017
34,216
7,801
8,439
6,588
1,851
241, 170
228,354
12,816
200,611
191,226
9,385
40,559
37,128
3,431
12,196
11,351
845
10,616
10,015
601
1,580
1,336
244
185,173
4,490
180,683
137,648
3,861
133,787
47,525
629
46,896
160,498
62,470
98,028
134,487
53,122
81,365
26,011
9,348
16,663
(Thoua»nd dollmra)
61,855,121
61,228,583
57,401,428
45,349,798
50,567,680
4,911,176
37,713,522
7,942,982
5,217,882
12,051,630
15,878,785
4,453,693
16,550,950
12,159,935
4,391,015
56,226,156
55,695,570
51,382,801
41,035,789
45,682,677
4,324,971
34,586,346
6,771,360
4,646,888
10,347,012
14,659,781
4,843,355
14,780,142
9,902,692
4,877,450
5,628,965
5,533,013
6,018,627
4,314,009
4,885,003
586,205
3,127,176
1,171,622
570,994
1,704,618
1,219,004
389,662
1,770,808
2,257,243
486,435
2,025,315
1,993,298
1,836,663
1,116,086
1,325,578
222,660
316,126
286,792
209,492
720,577
877,212
183,652
2,387,493
1,986,709
400,739
1,662,628
1,636,080
1,425,717
879,318
1,039,572
172,015
645,229
222,328
160,254
546,399
756,762
236,911
1,974,787
1,460,856
513,931
362,687
357,218
410,946
236,768
286,006
50,645
170,897
64,464
49,238
174,178
120,450
48,259
412,711
525,853
113,142
596,077
575,127
569,949
318,636
325,494
7,358
74,916
243,220
6,308
251,263
256,441
26,128
390,760
391,169
*409
449,820
434,532
331,059
226,135
232,774
6,986
63,245
162,543
6,539
154,874
208,347
68,761
283,775
239,453
44,322
146,257
140,595
188,390
92,501
92,720
372
11,671
80,677
219
96,389
48,094
42,633
106,985
151,716
44,731
7,035,026
7,012,456
6,459,082
5,115,645
5,356,385
248,421
2,193,114
2,914,850
240,740
1,343,437
1,896,811
625,944
789,908
703,012
86,896
6,145,832
6,094,998
5,449,158
4,348,867
4,559,622
211,794
1,976,910
2,370,918
210,755
1,100,291
1,746,131
696,674
626,850
520,487
106,364
939,194
917,458
1,009,924
766,778
796,763
36,627
216,204
543,932
29,985
243,146
150,580
70,730
163,058
182,526
19,468
7,487,514
7,438,112
6,875,245
5,228,783
5,830,673
572,066
3,595,393
1,663,214
601,890
1,646,462
2,209,329
612,269
269,194
231,770
37,424
6,801,579
6,759,727
6,142,796
4,702,828
5,232,402
493,303
3,260,839
1,473,260
529,574
1,439,968
2,056,899
658,783
236,344
195,182
41,162
685,935
678,385
732,449
525,955
598,271
78,763
334,554
184,954
72,316
206,494
152,430
46,514
32,850
36,533
3,738
427,125
421,144
396,325
253,801
260,222
5,551
151,732
102,939
6,421
143,024
167,343
30,300
692,488
591,142
101,346
366,073
361,090
331,354
215,061
220,708
4,787
127,274
38,647
5,647
116,793
146,029
34,219
625,324
513,789
111,535
61,052
60,054
64,971
38,740
39,514
764
24,458
14,292
774
26,231
21,314
3,919
67,164
77,353
10,189
40,512,207
40,131,111
38,179,324
31,579,320
35,593,407
3,724,136
29,858,363
2,010,903
4,014,087
6,600,004
8,551,791
2,332,883
1,561,673
1,365,444
196,229
37,434,007
37,089,399
34,962,139
29,103,100
32,718,087
3,323,561
27,598,560
1,795,966
3,614,987
5,859,039
7,936,799
2,471,868
1,414,306
1,202,884
211,422
3,078,200
3,041,212
3,217,185
2,476,220
2,875,320
400,575
2,259,803
214,942
399,100
740,965
564,992
133,985
147,367
162,560
15,193
14,009,800
13,894,257
13,434,617
11,827,277
12,858,413
936,525
11,099,769
822^119
1,031,136
1,607,340
2,066,980
575,183
683,398
558,030
125,368
13,135,223
13,030,269
12,574,636
11,115,818
12,054,640
855,022
10,449,612
750,006
938,822
1,458,818
1,964,451
610,587
633,217
499,350
133,867
824,577
813,988
359,931
711,459
803,773
81,503
650,157
72,113
92,314
148,522
102,529
35,404
50,131
58,680
8,499
24,315,568
24,073,245
22,689,165
18,079,010
20,819,631
2,560,342
17,166,175
1,092,614
2,740,621
4,610,155
5,994,235
1,626,403
827,608
762,236
65,372
22,193,009
21,980,834
20,473,646
16,422,840
13,877,153
2,261,433
15,659,987
955,733
2,454,313
4,050,806
5,557,994
1,724,363
735,680
663,809
71,871
2,117,559
2,032,411
2,215,519
1,656,170
1,942,478
299,409
1,506,133
136,381
236,308
559,349
436,241
97,960
91,923
98,427
6,499
2,186,839
2,163,609
2,055,542
1,673,033
1,915,363
226,769
1,592,419
96,175
242,330
382,509
490,576
131,297
50,667
45,178
5,489
2,050,775
2,028,796
1,913,857
1,564,442
1,736,294
207,106
1,438,961
90,227
221,852
349,415
464,354
136,918
45,409
39,725
5,634
136,064
134,813
141,635
108,591
129,069
19,663
103,458
5,948
20,478
33,094
26,222
5,621
5,253
5,453
195
268,841
253,779
226,150
161,965
161,965
(')
81,169
80,796
(')
64,135
96,814
42,691
4,476,302
3,317,888
1,158,414
233,699
225,910
137,107
139,989
139,989
66,659
73,330
(n
47,118
85,921
46,592
3,967,560
2,615,663
1,351,397
35,142
32,869
39,043
21,976
21,976
(')
14,510
7,466
(')
17,067
10,893
3,901
508,742
702,225
193,433
3,230,368
3,227,751
2,705,069
1,459,387
1,580,083
114,880
856,359
603,844
120,696
1,245,682
1,768,364
575,299
5,885,623
3,498,331
2,388,292
2,977,679
2,940,134
2,369,449
1,319,879
1,427,257
102,044
773,460
551,753
107,378
1,049,570
1620,305
508,230
5,561,114
3,099,461
2,461,653
302,689
287,567
335,620
139,508
152,826
L2,835
32,399
57,091
13,318
196,112
148,059
32,931
325,509
393,870
73,361
(13)
12,265
5,072
7,193
8,543
4,012
4,531
3,722
1,060 •
2,662
172,648
170,805
153,121
116,125
133,873
16,104
86,350
31,419
17,748
36,996
54,680
19,527
96,504
74,470
22,034
154,839
153,150
133,522
100,552
112,265
10,431
74,170
27,6X5
11,704
32,960
52,588
21,317
90,082
54,918
35,154
17,809
17,655
19,599
15,563
21,607
5,523
12,180
3,804
6,044
4,036
2,092
1,790
6,422
19,552
13,130
^Business receipts less cost of goods sold.
'Total receipts less total deductions.
^Not applicable.
^Loss.
NOTE: See text for explanatory statements and "Description of the Sample and
"Other business deductions" includes items 13 through 24 shown on page
and "other business deductions,"
Limitations of the Dsta."
1 of Form 1065 (see facsimile of form).
"Tbtal deductions" equals the sum of "cost of goods sold"
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
85
S s
g
o.
a
•s
a
O.
a
s
a
Net profit
dollmra)
a
3
0
^ m en oi rg
H SS?R P!
0 TO TO t-^
CK CM <n ^
«A Al rr, t^
0
^^-^On"
<^<r* CM
1
01
S
•H
s
§
1
a)
C
0
o
t
0
p.
r-
sf
lA AJ n 0 >0
NO H W Q lA
P- fA 0 fA rH
•A lA [>-J> 0
On On TO
33£S
(A A^ NO
NO (A Al
vO ON rH
■s
s
g
s
V
a
1
1
AJ
i
vO "A lA ^ 0
■^ CM tA cA ->t
CM ON 0 CM P-
lA CA NO n5 lA
ON sf *TO rH
SSs^i
p. 0. 0
CA rn rH
lA >J TO
\0 f^ f^ <M tn
ON >f r- rH
TO 0 CM TO to
ON TO nO NO "A
"'^'°£Z
P- lA ^ 0 On
o- 0 c^ nd p-
3SSi^°-
AJAJ;^
rH
Is ll
•0 u^ -J- 3 rj
IT- 0 -5 0 T.
\D C-- f- lA fn
CT- -vf S rH 0
^ -^ rH to f-l
>0 lA rH Al
O- CM >J rH
nD AJ C^ rr4
TO
-_--_, ON
rH
ON
•^ AJ Al ON <A
0 S > TO Pi
rH Q On rH AJ
0 -5 P' ON rA
NO »A rH
rH (A Q
NO rH TO
AJ (A rH
p."m"5"
TO
2;
TO
•0
<-^
S
Si
33iS3
ra A) TO Q NO
tA g TO P' CM
:i^ 2 E: ::1 ;:?
C3 ON CA CM ON
CM b- lA
m CT" OJ -J- ^
04 -^ vj irt f^
sa?iR;;5
SgS^CL.
NO a> TO -J- lA
lA t^ vO -A %J
rH Q fA ^ fn
vO -A <A -J (A
8g5^^
0 Q >A .0 -A
tA lA tA fA TO
AJ tA <A TO ON
^ rHrH
cm"
rH rH rH
t. (1. „
r- vO o« t-- rn
S IT- m CM f^
-5 AJ rH rH rH
rH r- (n C^
^~3
NO rH nD to nO
iHl3
§3 ^ „„
Al Al TO
3
8
0 0 fA TO rH
CM CM --J- (A -*
CM CA P- <M fA
On fA lA TO nO
CT> F- tA tA P*
C-- Nf CM "A TO
CM rH C^
CTn"
rH
nO 0 >A fA IM
IM CM rH rH rH
ON (JN TO NO NO
Al TO P^ CM
■s
■a
II
v.
1
f
tlljl
(M *r\ >n vO CM
(M 0^ >A v£) CM
"^ A] ^ 8 0
§S§_§_
1 TO
N^ON*
rH
CA "A >0 rH nO
•Nf TO Q rH -^
-J- ^4 ON TO rH
0 5 AJ AJ S
* rH <A CM 0«
TO TO fA
32K
nO ON lA
(M
i
-
rH TO AJ >J CM
^ CM TO AJ C^
a 0 Al NO tA
rH (^m r-f Q
isSss
§33
(M AJ 0
vf P- 0 P- TO
TO TO nO nO ^
Rl-^-CL^
TO ° 2 0 3
rH rH rH rH
88a:gg
CA rH
""^R
III?
lA 00 ■.* \0 -^
0 P- n 0« CO
u^ i^ ^ f^ AJ
C^ lA NO p-
«^oo"
-Rl
(A
NO
On"
rH
P- TO TO nO -«t
TO ON t^TO 0
s^sgs
8SS
TO S Al
rH (A rH
rH
(A tA 0 nD CA
ON On (i On P-
rH (7N 0 C-- tA
H TO CA C^ 0
to lA ~J- >f CM
^ ON t^ Al vt
Sss
SSSKS
sO lA lA ^ fA
Al
rH
SS^fiS
•vf lA -J- NO (jN
P-TO <A tA vO
fA %t >t ON ON
CA rH CM H ^0
SR;«_S3
--t rH -^
ON m -^
CA rn en
AJ
cm"
AJ
rHrH^
p.
to lA (jv C- >
SRSSS
yD -J- tn rn ff
SRS£_
1 rA
NO
en Aj" rH
ON TO nO lA -sf
lA 0 NO
(A -3 CM
0_ A -Nj ^^
AJ Al 00
g
(M fA 2 P-TO
CJN -^ TO TO CM
mu
lA CM -^ C^ -^
NO rH C^ -O TO
p c^ p-
CM
^
SSSS:^
rH rHO^ C- Zr-
rH rH
NO ON [^ AJ
•H
'o
a
1
a
■s
3
g
s
t
s.
g Is
s
&
■p
g
0
<^
g"
3
■P
P
rH iH t- to 1-i
AJ -sf 0 rH rH
CM to f^ AJ ON
_ 'S
1
i
§gs^3
SISRg
■Nt lA 0 lA P-
* P- TO lA rH
"A [^ CA NO ^
(A
rH
1
0)
OJ
0
§
-J-
ssrSs
TO ON ON 0 CM
CNJ 0 Q t^ 0
O- ON CA 0 tA
AJ rH 0 0-
££4
?f3555
> CM 0> St P-
en ON rH (^ lA
AJ -^ ^ rH
sssss
?i35SS
On -D lA CM ^
•0 NO -4- rH
S
assss
rH AJ Q Q Q
-J- -4- lA -^ (A
P-TO CA >toj
3II?
3
^ rH m 0 O'
0 t^ [- (^ AJ
(M lA rH to vO
^ lA C> to rH
NO AJ AJ
„ '^.
<n
0
P§HS
fA ON P- lO -4-
§Hg8
(Ni iC^CJn"
—5
1
p- tA TO lA lA
S3SSS
assess
C\i lA rH tA CM
fr, ts. ya m
^A.
--8
m NO On TO --t
rH CM Al AJ AJ
CM lA P- lA nO
lA rH TO Q AJ
fA ^ -4- q- fA
CM lA rH rH ON
P- AJ NO rH lA
P- TO -sf rH
rH
TO
TO
ca"
-st ON ON "* TO
-? nO *A .i lA
ON CA rH NO -4-
rH rHf^ rH C^
nD P- CT« TO P-
r^ n CM CAM
0 (> CM On-—
cm" rH*
S
»A 06 rn 0 S
S \D C- n 3
rS vO O^ C^ P-
no \o -J 0 r-
>A 0 P- On AJ
ON g^ rHCO [^
1 NO
NO
TO
Q NO i> :J tn
iA rH OJ f^ AJ
CM 8 nD ON P-
On On P- TO -^
■vf -5 TO »A H
S
^^—..0
0
tA 0 -J- nO TO
SiSSg:^
CA CA nO CD tA
■-f ON 0 tA vO
eg 0 CA P- -J-
TO c^ no 0
TO
-— ---rn
S
rH
t-- > ,0 lA ^O
-.t fo fn -^ f^
fn p. -A rH
fA tA CM AJ CM
rHrHrHrHH
P- Al rH
-4-
^ -* CM AJ CM
CM CM CM rH rH
P- CM rH >->
1
If
E
0-
3
f^ rH n ^ 0\
t\J O^ rH iTi \0
rH r^ (^ 0 fM
^0 %0 ^ rH ITl
CM <^ (^ tn
ftl no"
•-- rH
rH
On"
3
(A P- sr CO C>
BSR8S
-,!■ TO TO TO rH
[A ^ -4- (A (A
lA CM vO "ATO
ON CM
5: -^-5
s
■-* tA -4- <A lA
TO 0 NO -^ P-
P- CM CM Q CM
tA m ON CA \0
aS§§
£€q;
§
S3SSS
rH rH P- CJN ON
-4- -^ vj tA CM
rH
sill
00
if> m f^ 0 0
tn -^ tn (M to
CO lA lA m m
£> lA ON f-y -^
AJ rH 0 -Nt NO
NO
TO
P-"
SsgSs
>A lA vO 0 nQ
(*> lA 0 ^ 0
r-\ CA
TO
ON
0 CM ON TO P-
•0 nO P- -4- tA
-0 -A 0 P--Nf
(7- NO S ON
0
0
W^fC^CNJ
Q lA to -0 rH
•.t >J- NO tn 0
rH On ON Al CR
Al rH rH AJ rH
AJ lA cn -* -*
SRgRS
(A -* lA -^ (A
ON ON lA 0 tA
On P- On AJ NO
TO 00 -.f rH
rH
CNJ <M TO
^_-fM (A
sp^Ss
IHIS
0 CM CM fAM
0 NO c^ °"^
ca" rn"
0.
P
f-i
-J'
t> CJ> rH 0 CM
^ lA CO D- C^
C^ 0 AJ rH "A
SIs-i
- s"
1
■A ON -d- m >o
nO tA 0 0 NO
lA 0 Al vO Al
Al CM ON CA S
rA p- t- AJ lA
"A p- 0 Q lA
■A P--4- n5 At
rt3SS8
ON tA NO CM (N
lA lA Njp CD -J-
vj- >i S 5 tA
S3S3
vO TO 0 nD'^
ON
,-s--s<JN
CM 0 ON to 00
lA lA >A -O ^
P- TO NO CM
•A -^ CA f^ CM
AJ CM rH Al rH
TO CM Al
8
\0 -A f^ (^ (M
CM CM CM AJ rH
P- CM AJ —
g
a.
-p
c
£!
O,
1
1
■p
-a
c
a
8
S 0 00 -.t r\i
3 t>t T\ (M to
ri 2^ 2 :^ £:;
f^ (M CO CM A)
CM CO to rH CM
TO p- -O O- r>
rH TO AJ lA 0
■O fn lO rH C7N
tr- On TO
1
0
AJ TO ■-* nO nO
AJ 0 ON lO rH
TO ;0 CA AJ AJ
fA nO ON ON
P >r lA rH
TO lA AJ ON
££s
s
S
c- tr- AJ cjN p-
•♦CA lA P- rH
rH C^ (A P- 0
-4' nO CM t^ rH
nD nO cn On rH
CM C^ CM
0
■A C-. f- \0 m
to VA ON rH rH
CJN \0 AJ CM rH
^ lA lA -J- St
TO 0 Ai TO ON
^ Jo W H "^
rH
r^ o^ cS
TO
§
P- P- fA sf ON
S ON 0 l> 'A
TO "A CM C*- \0
fn -4- tA OJ AJ
sri:5-'^
S
NO
l>j"
SsSSs
vt nO tA tA t^
•J- >A -A rH 0
>A TO ^ si rH
"A rH rH
■"SS
3l|I
s
§sgM
CM >A vi- CJ> AI
>!■ --t rH "A 0
(A NO C^
<A 0 AJ
lA tfl >t
a
vO
lA -J^ fA 0 -*
TO TO ON -J lA
vO NO "A to lA
0 NO P- (A P-
AJ sf fA TO rH
ON 0 0 nA P^
S
nO NO C7N rH lA
CM CM rH 0 nD
nO P- -* nO rH
m CA tA
P- TO ON
8
S Si rH i^ (M
•st CO -^ rH r^
■A lA H 0 H
>A ON ^j tn l>
■A ON rH r^ 0
0 P- kA n ^
jH lA 2 0- ON
to lA 0 fn lA
CJN S 0
■0"
nD
0> NO 0 ON P-
TO rH t^ P- st
sr TO p- «-> 4
(A -J -,f CM AJ
rH AJ AJ
rH
§
lA tA U-1 -st tn
lA \D ON "A tA
TOst CM rH 0
lA CM P- nD tA
t- ON P- rH H
ON H tA TO S
c> no c^ p- rH
tJN CM CM P- CM
RSg
P
r^ ^ vf -4- n
rn f^ -^^ rri fn
n lA -J rH
rH
R
rH CM CM AJ CM
rH AJ CM rH rH
P- fA Al
S
>t f^ 3 0 r-
vO to 0 *n ^
f^ C^ AJ ■>!■ AJ
-J lA -< P- On
AJ ON TO <n lA
NO nO 'A -* Q
gsg
TO
<A 0 AJ nD OJ
rH C^ lA >A ~t
AJ Al AJ H rH
CM CJN fA --t
as 8 k! ~
>— 'n.-ca'
^
AJ H P- NO S
<A rH CA lA CM
rH tA ON nO tA
m CM rH rH rH
tM''cM rH'tOCO
rH rH !-l
NO CJN <M P- Al
NO CA TO 3 ON
C^ lA CTN
a-
0
0> -.t O. rH \D
to t- »A tn -4-
TO Nf AJ f- lA
r> t^ (^ AJ AJ
TO "A ON ON <n
0 tn Al
3
5
■s
5 S
•JO,
P. G
2
g s s •
00
r\j t-- oi to C
CO (^ r- >j CM
ri f*i -.J [>- 0\
CM TO ff> rn TO
AJ "A m AJ ON
fn ON TO
nO -A r~i
lA tf> ^
§
lA CM TO ON CM
TO NO rH ON ON
CM u-N ON lA NO
-vT On 'A TO 0
iCm^On*
AJ
fA CA tOir, H
fA cn >0(r\ TO
■-* H nD CM ON
tA nO P- P' st
tA lA 0 Al CA
0 lA 0 «*> CA
S sf ^
iTi :n C to 0
nO f^ On 0^ On
-4- lA >j tn m
Cm Ou On ^- ON
vO lA ^ M
asg
AJ
NO § ON 5 st
tA CM ON lA -4-
fn -sf ^ CM Al
(A TO (A >r rH
C\] r-t f-i
o>
-* nO CM ia" (?N
C^ rH 0 rH "A
CA tA -.J r^ 0
^ rH rH A rH
"A P- Q rH Cn
CA P- ^ -4- rH
"A rH rH
-4- rH 0
3SiS
0 g s 5
m
r-
to 0 (M ■^ to
p- NO >I ON <A
rn rH -1 rn lA
tn -vt AJ TO lA
CM lA rH On -^
ON >t ON fn rH
nT TO TO
TO sr ON
ON
r\ CO lA »A nD
■A TO P- 0 TO
SsssS
P- (A vO lA TO
0 0 O- P- ON
tA CM nD (7> CA
Pi
ON
i
AJ rH NO rH CM
'J "A CNJ ^ cy
-J- Al rH fA fA
0 nD 0 rH ON
§§S3P
sH
tn fM 00 lA Q
*E^ ^ 9 ^
CM 00 fM r- AJ
£S8^^
n nO Q -jf lA
TO CJN ^ >f S
no"
1
P^
K?§IX
TO tN. -J TO nO
-si- sr-J CM Al
tA CM tA ON O"
On C^ (A P-
r-{
0
SgrtSS
ON en TO >t lA
rH fn NT, C^ P-
P- rH 0 fA CA
ON Q TO CA -^
tA 'J CA TO CM
>* lA (jN
.3 NO NO
^ -A lA >J NT
n -^ ^ n cn
^ >A sr rH
3
Al CM CM CM CM
C^C^C^ rH rH
TO CA Al
Z a) "
D,
s
uS TO CO CO CO
•-f U-i r- (M rH
TO Al rH S P-
TO lA On NO nO
tA TO H ON P-
ON ON N lA >0
AJ TO lA
nO 00 rH
P- NO 0
Al
t-i
■A 0 lA rH "A
Al 0! ON Sro
lA lA nD lA TO
ON rH 0 (A 0
P- AJ On CM rH
OJ
. — x_, tA
s
p- c^ CM ON no
CM^ f; S 3
p- c^ ON Ik S
n 0 p- CM NO
en (-( On nO -5
CM S NO -^ 0
CO
lA Q "A >£) P-
cn SC--0 lA
rH rH
>r ^ rn rn CM
CA Q AJ 0 n
AJ >J 0 rH
s
fA C> lA >0 ^
<A (M AJ rH rH
P- rH
0
■A CM CA CT- t^
^ (^ AJ rH rH
^ CA CM ON ON
NO CM 0 CA rH
■^ rH rH
1
S
0
0
1
i
• 0 •
3
0
• h ■
■d : : : : :
0
On 0» On On On
i-i .-i •-* r^ i~i
6 ON "
rH rH Z
ON -"J" ON On On
Sf ^ n AJ rH
ON CT> ON On On
0\ >t O'' 0^ 0^
^ -} CA AJ H
33SSS
ON CJN ON c^ c^
rH rH r^ rH rH
rH rH Z
<i cjN "
SSI
^ C^ <J\ C\ (J\
r-i --^ t^ r-t t~1
ON On On On O*
RSRSK
On On ON On On
On On On On (Jn
rH rH rH rH rH
ON On ON On On
On CJN ON ON ON
rH rH rH rH rH
86
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
E
P.
C
5
•s
g.
1
i
■3
*->
=2
c^ CM (^ vO >o
*0 \0 *A rH tn
C> >f O ^ -^
Sisia
:fSS
ON ON ON
1
I
1
to
1
1
•H
1
On
-J- TO CO m TO
c^ m 3 TO O-
y3 t^ en p- tn
£-00 rH O ^
m TO nO fH r-l
■A CM CO O nO
ON >A en lA
ON O-A t-
ON CM
1
w
5
1
o
1
Id
rH
2E;*SS; Di
O TO nO en TO
TO OCO O «A
Sttgss
NO ON to TO CM
3~°
(^ o en
O 1 to
ON m
AJ ON
1
O' fH M CM 0>
rH C\i rH ^ rH
§5SS5
TO to P-"
""* ^ AJ
s
1-1
O CM H ^ I-l
lA ^ TO TO >*
^ TO to CMN
TO
>f TO CO -O -O
gg555
rt rH CM— ^
^ OD 00 CO >r\
to Q i-i c^ o
^o 55 o <o -A
TO O «0 t*- CM
TO r^ »A sr <^
Sg5
nD
tT- r- "O rH -4
g3gg?
TO ^m^
iSS
3
>A r- m ■o P-
O rH "A en rH
3§l
R:}-3€€
00
(^
co"
ON (^ t^ 00 o
C-. t^ t*- f^ Q
-4 ^ ■£) f^Vi
^ tf> >r ^ en
assss
•sj >J -.f .-« rH
i-l
TO TO CM
f-\ CM nO
r-i nO
g
333iS5
SSS5S;
r-i
■nT
Z 03
to
^ r-t u-\ 00 O-
O- ^ vO «0 -D
c^ in t-i CT- -,r
tOiA oT to
-H ,-1 .H
Q tA C-. rH O
(M O 'n S >0
rT [C ia"" sj ^j"
TO CM CM <n n
fn \0 >A -J (>
>0 l> vO CM -^
AJ ^ -D
c-1 -3 ^
cm"
I-l
cvT ,_r r^ ,_r
,-1 NO *A r-
SSIgi3„
o
S
•^
TO O* nD (M CM
§l2g£
g8|S„„
<N (NJ C«
r-l 1 ON
NO
rH rH
•s
•o
a c
1
a.
i
f\j to O^ O' -*
TO >D -^ -J a»
fn ^ cA rn t^
C- C-- -vT CO C^
c^ «o -o >t o
sSH
o
*A TO TO Q CJN
TO CM O ^ TO
E-- c^m -A o
O NA U^ ON ^
tn rH o m 3
sS§i
^"CM
5
P- rH nD nO lA
eM CM CM >0 en
p- m ^ CM <A
^ TO Ai TO TO
ags
CM <n
•a
<u
ry !*1 <n S Si
.-( CM CM .H .-»
lA r- O TO rH
\D O «"> r^ n
r^ CM rH rH H
tjN ON rH n vO
O^ en "A ir\ ^
-^ iH rH
TO TO CM
5
NO o <> O -j
u-l >J TO P^ >f
3f.r-<M^
1
nO >0 en •* >A
-4- CO TO O NO
gg355
rt rH CM—w
i
g
CO "» TO O CO
f^ "A CM CM O
TO C^ lO to On
Cn TO rH tn ^
vD ■O "A O -O
<n \0 t^ CM O
ggs
en
en en o t*- On
ON O- AJ o to
TO rH CM «A tf^
§8fp
82S
en
TO «-. TO nO t^
en en -^ On TO
NO TO >A CM en
is^^s
c^ A 5
S 'R
TO TO
§
O
1
s
o"
ffi^SSS
3§H^
0« CM t^ -O H
TO TO CM
"as
en >A -^ Nj? CM
lA >A -3 K lA
Q "-> ON ON ON
in no fn -^ (M
I-l
-^^iS
3SSS3
° en ON 8 TO
rH rH rH
^:SiZ,Z,
o
N
§
p.
IsIS^
nO r- CO Q in
ON O to -i -4-
CM >» TO
rn -J H
1
«0 CM en CM (JN
m" CM -H r-T
vO P- -i> -* >I
--* t-- O P^
00 >!■ TO^
en Ai (n ^-^
^"g
s
rH O >0 en CM
rH ON m rH lA
■A CM >A ya (n
Al rH P- P- C-
Oj" — x_.
rH 1 TO
CM
s
R;saa°-
TO C-- sO lA lA
0\ lA <A pH
rH
AJ CM r^ rH rH
H r^
1
a
+j
c
5
■3
g.
1
1
Ill
1 ^^
i
.5
i
C
s
sSS2s
s§gss
ON >t O -A >I
3 £
■H
E
■3
a.
TO tn o *A -J
C^ O- >f CM c'l
lA TO rH »A iH
M CJ- S lA TO
o r^ m NO o
TO Q S S (D
en ON
P-"
nO
O AJ ^ fn m
m CM en en c^
saa
CM nO en
"1
S
s
f^
TO CJN CO cf> >0
RS8SK
sasss
CM<v C^
CM
^ p *n cn CM
<H CM rH ^ r^
«D rH C^ rH r-l
r-l lA TO CM CM
>r -H H
5
<r\ -4 t\ ^ .^
en ^ CM ^ CM
r^ rH rHCNl Ol
i
5? Si
0 « 8 3
C4
ry c^ lr^ (T> TO
C^ fNJ f-\ uS >J
CM iH P- 0> xO
3 «
g
en ON CM On On
>j lA CI c^ -^
<JN TO *A Q P-
>f OOO uS lA
C^ CM -nT rH ^
1 P- o
as
2
to'
CM
vt >l P- rH <?
CO rH H AJ P-
TOTO S rH NO
tn >t >A OCO
p-'p-'ov'o en
TO en nD
o cn "A
c^ «% c^
too vo'eC^N
-^ rH ^^--^
CO
g
^ c^ m m TO
CM CM <M <M rH
>0 -O O ^ CO
rH rH CM M r-<
r^ (n On C*- "A
\0 TO en .£) in
lA m f^ .H rH
--a
1
I-l
\D TO nO nO -i
en o >A CD p.
lO vO -^ •O lA
-■£
1
Mi
s
V > O -* y3
CM io 0^ CM Ih
TO (n On Cn NO
rH TO C^ rH ON
oJ
3 O Al ON nO
Al TO ^ >n lA
-* en CM ON TO
-J O On O OO
tn TO rH -4 CO
en rH rH
TO
cm'
en
TO g; rH en m
lA O TO nO m
lA ON (M ON TO
■nJ- en Q tn TO
-3 m en en CM
CM AJ CM-^r-
' '1
5
•^ CM O O CT-
IS %o NO u-i >r
P^ O lA (M
o
1^
g
5
■!
a. s
x:
2
t
0) «-
o
o
m TO rH vD O^
t^ CD Cy to CT-"
•r\ \0 \D '£> ^
•^t OJ o to c-
TO S TO >A ri
•^ r^ r^ \0 <^
«£) Al fl TO CM
r- o M r^ c^
r- Aj ON >i CM
3 S
^"€8
o
s
rn'
CM
ia" <D On" rH O"
rH .-1 H rH
-^ >o P- en -.J
CM -4- O O Q
c> rH <n no en
CD'tA'TO'cM'Ar
■5 -H rH
en nd
en
•.t en TO CM *A
pi C- in u^ P-
lA TO -^ rH fn
(J. TO;n CD en
.O m TO 5 rH
m rH en en On
sss
1 1 CM
3
-.f en >A .o --t
en >* AJ vf AJ
rH rH rHtNl (Nl
.
s
3IM
■■J
.-« --I -^ TO TO
,«A n TO r^ f-,
O CNJ (M ^ CNJ
[^ p-
^
ssSaas
IHgs
C^ ON »A U^ S
NO rH nO rH O
cSg
S
ON vO en N -O
NO c^ en t^ c^
sSSss
iSS
"1
<n
♦J
s
g
Tl ^ (-^ vO -J
TO S H CM en
CM n I^ cn <M
rH .-. CM rH CM
nD to nO O- fn
ON ON lA •£) NO
--S
g
P:8E:?!S
\0 no ■>* 'O 3
SSSHJS
^ oJ
'
NO CM ^ O O
CM CM CM CM At
P^ TO ON o rn
TO O P-e^ (M
--f ^ — --^
1
o
P.
S§g?l
rH TO \0 *A t>
SPS82
nj r- >0 ^ TO
o- to
CM '—t^
S
iissa
CM to CM lA ON
-sj- (^ -o e^ Q
'A O O 1-1 o
tn TO /H :4 TO
CM iH nO CD (M
nj lA -.f en CM
m"
■o
o"
S^_s s s
■A TO CM C^ TO
5SRSS
P5„
1 I en
1
s
to
en t> lA --1- OJ
OJ ^ rH ^ -H
O C^ to «o >A
^TO^n,
cn
en
in t-l CM CM rH
rH rH .-1 iH rH
^ '^ rH
i
M
Ed
O
s
c
s
xi
1
Ill
Z
1
1
i
■a
5
•-*
O
5
1
2
1
■3
01
o
s
lA u-1 >o O r^
^0 «0 «■> CM C^
ON > to H ^-
tA n On 3 3
O. fn rH lA
SPSS
s
ol
a.
t
p.
V
5
O
1
1
o
o
X
>0 On -H nj r-<
C^ O "A ON yD
en n TO
CM TO rH
TO
en
e
1
1
3
p-
>t"
r^ CT> CT- lA On
P-^<MCM>J M^
O'OCD On"i>
SSSS:g
en o CM P' en
»A CO en" en-/
1 1 NO
TO
1
;5
t-- lA TO >0 "O
r- \0 -o \o lA
S^J^^-L
(-1 « (M
£
en vo r^ fn CM
lA -.J en f^ (^
rH ^ fncM
^
g
O TO >A >A ON
CM >t TO fn CM
(M -J cn TO m
o fn r- m o
P TO vO n TO
to o o ^
p- -.J- <n ON
S
vO CT- lA »o en
O P- 1^ CJN P-
ON lA <A ^ Em
en nO -o
o"
s
<A r- rH -{ c^
CM O lA en On
O O rH CM en
rH t>- en TO -O
en en nO en E^
S3SS
>-^ -O r^ a
1 1 p
-J
i
oj"
m (n fT, ^ (O
CT- TO pH Ch <?*
C O M o C^
•^ r^ •-{
S
>t en en o« to
sasaa
^ CM TOW
r- ^ .H w
s
nD
t^ en -* C^ NO
^ m «ft >t >t
O- to O ON ON
CM ^ CM CM rH
SS3::|-
CO
M
OJ CJN O^ O* r-l
TO ON H CM vO
O IT. S lA U^
CJN O CJN -t *A
i-i 5 c "n n
in f^ CN ^ >f
«o t^ to cn
^0 (M >A (^
P- NO %0 rH'-^
„„S
3
o"
H
0> O CM AJ >f
lA CM Ai AJ CM
^_^ (3 O t^ -A
,0 U-, tn ^ -^
Ps„'
' 'i
i
vO AJ CM in nO
O" H to lA nO
CTn^TO AJ O to
CM r< rH rH
§6^^5
->r en -.J rH '—
- (V
1 1 o-
1
t
31
, p.
*>
o. c
01
s
t|||l
z ■"
TO CM CM TO ^
^ TO TO "O vO
fA 0' to m vo
r- ^ o iTi -o
■O t- en CM C-
5 ^ S CJN -J
r~ «o vo "a" ia"
TO o (?• r-
<3 NO o <-<
>5 rH NO rH
§
ON
On'
en
nO m c^ ^o nD
TO ON S nO ON
O- CJN CT- H NO
tn lA m m fn
>j O in .O >f
vi ^ nTrn cm"
oT^ fnoj
cm'
R
nj lA On nO On
ON P- TO ON ^
toSS S o
c^ en o to
5sas
1 1 CM
P-
vj"
■a
s
3
0> ON TO TO P-
>J t-- CM en >t
S'"'"'^1.
1
•lll
.lli
CM
sssss
m TO r- vo ON
O (J^ CM O O
^ CM rH TO On
c^ o c^ «o CM
rH <-( (T' tA rH
ON O CM H t^
<-■ 'H iH
^ ON TO -nJ-
r- CM (^ ?!
Arf>*'in"co'^
■^ TO t^ "A —
-J -H ^
C^ C^ lO TO nO
in nO CO NO -A
no CM r- «o >A
nO CM TO ^ ^
CM nO O 1
o >o r^
' 's
§
rH -Nf <D CM nO
CD ^ CM rH O'
(M en O- lA O
•O >r l^ en TO
asss
t-- rH «n CM
s
1
o
CM
0)
5
8
RSFias
r- cn CM c^ o
(M en CM CM Al
S5S^
^
TO On "A en O
m m ,o *n m
SHSaS
5R5;31.
o
ex
1 1"
CM
^ rH C^ -.f Cn
■A CM Q (T- CM
(M TO CP vO ^
•A c^ r- ^ >j-
Hs2„
TO
lA
°
lA
p- O Ia aJ ^
CM* r^ r-T n-T
t^ O .H P- CM
3 TO nD 5S nO
ON rH E^ 1
in m -^
O NO 'n,-.
■ 's
1
CO
m cm" rH rH
is^sS
NO en na rH'-v
1 1 p-
1
1
o
V.
o
b
■3
5
. O •
:-a :
. o. •
3
o
• o •
1
0^ J on' O^ O^
On 0< C7N O ON
: S :
• U ■
. o. •
a
1
53sas
On On 0> On On
* * On ON 0>
l-i l-i r-i •-* r-t
^ <^ "^
O o- *>
eR TO o
S §5
sssrts
ON ON ON 0« CJN
rH •-* ^ r-l <-t
On SO C^ Njj in
m m m m m
ON O" o« <?• <>
rH rH rH rH rH
-f en ci -^ CD
(A >A m m 7i
<> (J, O. O, ff.
(J« TO C^ %0 *A
m Ti m ir\ >ri
O* ON (ji (j\ (jv
SRSRS
O Ov O On ff"
rH ^ Z
ON 0« ON On ON
l-i r-l ^ r-t r-*
^
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
87
•H
g
Q.
B
■s
Q.
x:
i
t
s.
III
X3
i
o
c
1
1
o
u
5
s
t><r\ o \D t^
lO ,-t r-l (^ O
OCO t> vD rH
n
lA OJ -J
rt
«£)
f^ Cn ^ rH rH
^'UL.'L.'^L
OJ CM rH«l CM
O^
ssssa
o^ -^ m O OJ
OJ
to
to CM c^
3
3
C-- (N -J- to u-\
-H rH H
ONW N CM Ol
O to lAoi (*i
ON >n ■^r fM rH
"^ ,-^ -^
>A u^ lA
Si
g
x:
SI
■s °-
s
s
3
-J-
r- OJ ^ ^ to
O t>- rH -^
ojw^
1 1 fH
u
D- vfl f^ O CT>
u^ ^*^ C^ f-j (^
OJ rH C-- C--
3SS ;^
H -^ rH
' 'S
i
s
O^ f^ lA CO \0
rH H rH
On OJ ONlNl lA
r-t fH lAfM (V
= g."
rH ^ m to OJ
O^ in CO -;4- Q
> ON vO fn rS
3Se :f
AJ ^ ,-!-— OJ
(NI (Nl
ON
If?
g
1
■s
s
s.
f 1!
1 1^
1
1
1
t
CO
1
o
to
-4" cr> 03 t*- CO
00 to -J to ON
^^SS
S ON
s
OJ
E^^J^E^S
sasss
^
§
O ^D t> NO ON
Ti O O >f to
ro >r. \0 cr> •r\
D- t- lO ON iA
M ^ Aj r- o-
lA O- lA >r
tL-vjD OJ
£3
1
s
m lO to vO On
to -.r ^ rH o
r-l rH rH rH
Al CM Ol ^ t--
c- Aj o- r~ ON
sf O CT- vj-^
s
siiSs
O f^ OJ ^ O"
r- f-.to OJ lA
rH AI OJ lA to
^ "^ S 5
D- m \0 rH--v
oj" —
1
CM
OJ Ol OJ rH rK
r-i <-t r^
Q
u
en
3
1
•s
■a
31
ti
P. G
-H
1
Ok
2 ^
8
^^ to -^ «o ra
to -J tn ipi \D
CM lA -st ON lA
A) ON CT» \D .-t
O >t T, D- n
sssi
to
C-. xD q t-- to
ON to u-N to y?
r-l OJ OJ pH OJ
gssa^
s
3in
§
SsHi
lA C- OJ O l^
lA CM C- >J
i
oT
OJ to \D r^ O)
SSSSS
•O AJ O- "^
(^ r-l
E-t
= a"
s
-*
■A o OJ n c^
[> lA OJ nj »D
to ON OJ OJ r^
u-> n to (^ CO
rH On £^ iH '—
Ov
Nj- f^ 1-1 Ot OJ
'"''"' ^
-
1
■s
Xi
I
s.
f 11
QJ
e
•3
1
(^
s
-J- O ^. >i3 vO
-^ lo n \o t^
to to O >!■ 0\
c- r- r- o ^H
CO o H '^ C:
-.* tf^ b- u^ CO
A (^ •£> C~ ^
-W— ON
M
u
5 -O O lA >A
At D- sf ON '-^
St nO u"! r^ tn
t-1 CO to OJ (^
■A lA «0 OJ f^
to
U-> to OJ U-1 lA
O CM O- nD vD
(*^ iH OJ -^ OJ
O^ iH >0 ^ NO
pPiC^On"
[3
CM CM D- O f^
C- rH ON C- "A
O f- t^ CJN <?•
= a"
g
CM rH nO ^ fH
v£) lO -.J C^ C^
ON O ON NO ND
ON CO -H vO >!■
t-1 to CO vo r*
sf I> ON OJ rH
00
1
1
to
CM OJ rH rH rH
1
P. c
x:
s
c-
s
CO CO -d- -H C^
rH <-l C^ NO m
-J uS lA ON to
tM (^ nO nO (^
CO
CO
o
a<
3S3sa
tjssss
n DO to OJ (n
lA lA «0 OJ C^
i3 "0 -^
§
C- ri [> lA y-1
-■I- ^ ^ fH OJ
On H t- O C^
*0
££g-
1
o
r-T
^ tn t^ sD 00
CO nj rH ON C
sg&fss
0)
1 s-s
CM
O C- C^ CO CM
-J lA -J- to O
3 OJ ^•u~l CM
•O "A -J- OJ ri
t^ to -} c >o
ON o c^ -o vo
lA CD CO to C^
•vf t^ 0« CM -H
Oj"
s
S
OJ OJ rH rH .-H
1
o
■s
1
■3
■ ^ A
ON ^ 0» On O^
■^ -^ (^ OJ r-l
1 1 1 I I
(f, O. ON ON <J>
Q ON "
r-> r-t Z
(> CO C^ nD »A
lA kA "A lA lO
0\ ON O* ON On
r-\ r-i •-* r~t ^
-* (^ CM rH Q
lA vA lA lA iA
O* Qv O* O^ On
3 a>
> .C
a"
•a JS
£3 o.
c u
bp HI
o o.
X
OJ 4)
-H CO
• 0)
CO h ••
Q] Cd
ACTIVE PARTNERSHIPS
Table 21,
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
—NUMBER OF PARTNERSHIPS, TOTAL RECEIPTS, AND NET PROFIT, BY SELECTED INDUSTRIES AND ACCOUNTING PERIOD
Industry and month in which
accounting period ended
Partnerships with and without net profit
Number of
partner-
ships
Total
receipts
(Thcutmnd
dollara)
Net profit
(less loss)
(Thouamttd
dolUrw)
Number of
partner-
ships
Total
receipts
(Theutmid
doll»rm)
Net profit
(less loss)
(Thovaand
dclUra)
Number of
partner-
ships
Total
receipts
Net profit
(less loss)
(Thcummtd
dollarm)
Number of
partner-
ships
Total
receipts
(Tltau»»nd
dollara)
Net profit
(less loss)
dollarm)
Annual returns, total.
December 1959
Noncalendar year, total.
July 1959
August 1959
September 1959.
October 1959...
November 1959..
January 1960. . .
February I960..
March 1960
April 1960
May 1960
June 1960
Part-year returns.
Grand total.
Annual returns, total.
December 1959
Noncalendar year, total.
July 1959
August 1959
September 1959.
October 1959...
November 1959..
January I960.. .
February I960..
March 1960
April 1960
May 1960
June 1960
Part-year returns.
All industries
Agriculture, forestry, and fisheries
Mining
Construction
Grand total
Annual returns, total....
December 1959
Noncalendar year, total
July 1959
August 1959
September 1959
October 1959
November 1959
January 1960
February 1960
March 1960
April 1960
May 1960
June 1960
Part-year returns
Grand total
Annual returns, total....
December 1959
Noncalendar year, total
July 1959
August 1959
September 1959
October 1959
November 1959
January 1960
February 1960
March 1960
April 1960
May 1960
June 1960
Part-year returns
949,396
834,317
766,237
68,080
2,869
2,842
5,898
4,800
3,542
9,529
6,346
9,754
5,811
4,758
11,931
78,406,071
74,448,515
56,015,074
16,433,441
873,882
884,574
1,524,883
914,668
737,551
2,551,260
1,303,929
2,306,553
1,270,258
1,070,951
2,994,932
115,079 3,957,556
8,844,708
Ul,715
8,557,093
6,923,655
1,633,438
66,883
78,414
163,248
113,255
71,896
255,390
142,838
236,924
119,197
108,231
272,162
287,615
136,152
131,500
4,652
227
179
335
391
249
935
552
545
403
191
645
4,412,813
4,302,216
3,776,961
525,255
31,353
31,477
37,122
41,271
20,407
55,637
44,977
78,792
50,771
27,665
105,783
110,597
589,441
13,301
585,398
551,155
34,243
2,177
1,363
2,387
6,421
1,963
4,896
4,000
2,691
1,779
1,310
5,256
4,043
10,132
9,173
959
(M
<;'
(')
160
(M
(')
C)
(M
(M
986,837
764,315
5a,680
242,635
25,719
67,130
23,374
7,659
15,715
(')
(')
(')
I'M
(M
10,962
(M
(')
(M
(M
(')
(')
(M
(A
26,176
58,021
54,823
3,198
(')
(')
'461
(M
222
202
451
409
803
235
188
384
9,109
7,874,934
7,556,121
6,171,417
1,384,704
<!'
(')
182,769
79,548
(')
U4,350
157,621
225,676
85,658
78,878
269,105
318,813
712,640
687,472
600,994
86,478
<;'
(')
13,785
4,591
(')
U,955
12,229
16,970
4,U2
3,300
6,917
25,368
Manufacturing
Transportation, communication, and
sanitary services
Wholesale and retail trade
47,869
42,291
36,990
5,301
246
291
469
399
215
666
386
809
493
366
957
5,578
7,463,848
4,834,355
2,629,493
156,126
140,595
228, 3U
135,309
127,497
448,U2
194,561
381,630
193,508
179,264
444,547
292,860
649,693
17,623 1,U9,613
624,517
455,764
166,733
8,549
7,3U
14,956
10,463
8,296
28,772
12,913
27,315
10,700
11,062
26,393
25,176
14,767
14,087
(')
(')
(')
CM
2,636
1,056,350
904,939
(M
(')
(M
(M
(M
(M
C)
(M
34,381
63,263
303,822 42,073,880
109,266
17,051
(M
(M
';>
(')
(')
(M
'J'
CM
4,560
5,329
257,480
232,055
25,425
970
1,016
2,340
1,904
1,382
3,854
2,512
3,421
1,835
1,625
4,566
39,767,601
31,160,735
525,360
460,646
715,276
475,880
398,678
1,413,373
680,322
1,120,519
698,897
551,179
1,586,532
46,342 2,286,279
2,424,991
1,983,529
441,462
19,891
16,402
36,898
22,600
21,489
61,060
39,178
60,369
37,665
24,687
79,223
104,121
Wholesale and retail trade^.Continued
Retail trade
202,191
184,418
17,773
613
749
1,752
1,493
972
2,917
1,737
2,220
1,184
931
3,205
25,1A3,176
23,581,356
19,808,672
138,134
184,334
354,353
236,064
175,581
745,296
297, a7
520,421
267,236
183,436
670,610
36,979 1,561,620
1,691,775
238,976
7,403
10,718
22,463
13,531
12,223
49,160
19,627
30,582
17,851
U,332
43,886
73,976
Wholesale and retail trade not
allocable
Finance, insurance, and real
estate
9,912
1,215
CM
CM
CM
165
191
200
CM
CM
1,069
2,156,806
1,730,126
CM
< '
CM
(M
70,664
46,709
56,347
CM
CM
83,129
80,700
136,786
165,173
131,277
CM
<!'
CM
CM
CM
3,511
3,345
3,065
CM
CM
4,354
5,509
U,495
668
5a
1,104
865
697
1,637
1,186
2,252
1,325
1,276
2,564
17,338
Services — Continued
4,745,143
984,762
24,399
65,742
81,130
68,762
57,216
199,971
64,457
127,093
64,409
74,607
156,976
216,145
1,201,105
897,704
266,737
9,908
18,129
16,549
40,545
13,911
49,077
19,059
30,631
17,269
a,407
28,032
36,664
Wholesale trade
50,456 14,693,198
44,162
37,725
347
251
463
329
360
752
584
1,001
601
630
1,U9
6,294
U,(X9,439
9,621,937
4,427,502
379,051
253,255
320, 595
221,159
203,442
597,4U
336,396
543,751
396,669
342,780
832,793
643,759
700,551
675,915
494,386
161,529
12,075
6,761
12,283
8,422
8,379
28,389
16,006
26,702
18,791
12,738
30,983
24,636
160,498
137,Ck42
124,155
12,867
461
670
1,266
812
535
1,637
1,135
1,737
1,303
903
2,406
23,456
6,732,115
6,868,636
1,663,277
59,294
107,910
230,735
99,015
53,465
252,393
130,432
291,795
153,140
120,774
364,324
434,876
2,963,591
2,880,517
2,285,444
595,073
19,318
25,3X1
76,452
26,224
16,073
76,284
52,450
93,255
45,207
41,481
118,999
83.074
Personal services
33,490
26,215
(M
(M
(M
(M
163
155
156
<;>
(M
5,560
1,170,394
1,105,512
937,623
167,889
<;'
(M
(M
(M
(M
23,368
15,094
17,915
(M
(M
35,135
64,882
223,810
216,906
192,914
(M
(M
(M
(M
2,465
3,051
2,448
(M
(M
4,421
6,904
Business services
12,627
(M
(M
(M
(')
(M
(M
227
129
711,035
506,562
(M
(M
(M
<;'
(M
46,238
(M
36,042
14,689
(M
26,454
43,778
146,073
CM
CM
(M
CM
(')
6,273
(M
8,775
2,691
(M
5,956
5,257
Medical and other health services
17,322
15,657
13,800
CM
CM
(M
CM
227
187
337
CM
(M
1,759,353
1,386,103
302,491
CM
CM
(M
21,271
CM
32,555
28,996
52,496
(M
(M
83,041
68,759
146,471
CM
(M
CM
10,752
CM
14,344
16,160
26,363
(M
CM
42,206
30,227
Legal services
20,123
16,145
16,331
1,614
CM
CM
135
(M
U3
376
289
245
CM
CM
262
1,978
1,742,520
1,693,370
1,396,621
296,749
<;'
CM
24,205
CM
16,207
59,823
39,091
31,416
CM
CM
48,153
49,150
991,207
966,126
795,966
170,160
CM
13,819
CM
9,619
34,379
23,619
17,995
<;>
CM
26,235
25,081
No reliable estimate of the sampling variability can be obtained from the saiople. Data, however, are included in totals.
'Loss.
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data."
Industry detail does not add to totals which Include data for business activities not shown. See table 9 for complete list of industrial groups for active partnerships.
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960 89
ACTIVE PARTNERSHIPS WITH ADDITIONAL FIRST-YEAR DEPRECIATION
Table 22.— ACTIVE PARTNERSHIPS WITH ADDITIONAL FIRST-YEAR DEPRECIATION: NUMBER OF PARTNERSHIPS, TOTAL RECEIPTS, TOTAL DEDUCTIONS, DEPRECIATION,
AND NET PROFIT, BY SELECTED INDUSTRIES
Industry
I^xtnershlps with and without net profit
Number of
partner-
ships
Total
receipts
( Thauaand
dotlmtm)
Total
deductions
(ThouM*nd
dollmrm)
Depreciation
(Thauaand
dollmra)
Additional (
first-year
(Thouaand
dollmra)
Net profit
less loss)
( Thouamnd
dollar a)
Partnerships with net profit
Number of
partner-
ships
Total
receipts
(Thouaand
doIUrm)
Total
deductions
(Thouaand
dollmrm)
Depreciation
(Thouamnd
dollara)
Additional
first-year
(Thouaand
dollara)
Net profit
( Thouaand
dollmrm)
(i;
(2)
(3)
M
(5)
(6)
(7)
(8)
(9)
(10)
(11)
All Industries.
19, 555
i, 172, 035
134,976
34,312
509,558
16,400
4,468,973
111,600
25,400
Agriculture, forestry, and fisheries
Mining
Construction
Uanuf acturlng
Transportation, communication, and sanitary
services
Wholesale and retail trade.
Wholesale trade
Retail trade
Wholesale and retail trade not allocable.
Finance, Insurance, and real estate.
Hotels, rooming houses, camps, and other
lodging places
Personal services
Business services
Automobile repair, services, and garages.
Other repair services
Uedical and other health services
Legal services
Other services
2,542
345
1,291
2,163
437
1,351
4,615
335
1,801
4,630
306
979
410
270
158
910
630
967
Nature of business not allocable.
(')
203,763
61,580
340,516
972, 317
59,594
2,043,427
916, 600
1, 005, 327
121, 500
368, 930
627,401
44,371
86,549
58,968
15,509
11,497
99,970
137,177
173,360
(M
178,708
64,964
313,839
892, 822
54,038
874,438
944,478
113,967
289,675
442, 352
41,024
74, 750
48,734
13,726
9,080
59,534
59,666
135, 788
(M
16,335
7,093
16, 175
24,428
4,512
26,213
9,241
15,030
1,892
14,332
25,781
5,211
5,963
2,474
763
253
4,004
2,240
4,373
(1)
3,725
1,399
3,233
6,901
1,494
7,388
2,210
4,899
279
3,259
6,393
1,313
1,395
563
512
76
1,032
415
1,537
(M
25, 051
'3, 335
26, 675
79, 506
5,552
110,546
42,159
60,847
7,540
79,297
185,035
3,343
11,793
10, 230
1,782
2,416
40,385
77, 507
37, 574
2,163
168
1,017
1,897
357
5,321
1,146
3,340
335
1,417
4,015
255
821
272
250
133
870
571
843
(1)
175, 164
42, 186
325,913
932, 928
58,254
1, 964, 024
891, 239
951, 235
121,500
361, 129
605,338
36,491
85,123
58,775
15,080
10,854
96, 859
136,033
166,073
(')
145,234
33,000
296,324
850,750
52,523
1, 850, 536
848,283
838, 236
113, %7
279,685
416, »44
32,447
73,028
47, 795
13,286
3,428
56,432
58, 506
127,022
(M
12,266
3,34S
13,309
22,443
4,212
23, 067
8,056
13,119
1,392
10, 757
21,591
4,135
5,411
1,737
752
249
3,776
2,224
3,257
(M
2,705
560
2,270
4,420
1,378
5,973
1,900
3,794
279
2,280
5,794
1,034
1,101
459
506
76
995
412
1,211
(')
(12J
536, 199
29,925
4,190
29, 589
82, 181
5,727
43,002
62,944
7,540
81,440
188,380
4,041
12,090
10, 977
1,794
2,425
40,427
77,574
39, 052
(')
^No reliable estimate of the sampling variability can be obtained from the sample. Data however, are
^Loss.
NOTE: See text for explanatory statements and "Description of the Sample land Limitations of the Data,
ships.
included in totals.
" See table 9 for complete list of industrial groups for active partner-
90
ACTIVE PARTNERSHIPS
Table 23.
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
-NUMBER OF PARTNERSHIPS, DEPRECIATION, AND COST OF RELATED ASSETS, BY SELECTED INDUSTRIES AND DEPRECIATION METHOD
Total
number of
active
partner-
ships
Nujnber of
partner-
ships
without
deprecia-
tion
Partnerships with depreciation
Total all depreciation methods
Depreciation
Number
of part-
nerships
Amount
claimed
(Tbou»*nd
dolUri)
Reporting cost of
related assets
Number
of part-
nerships
(Thouwmid
dolUrm)
Straight line method
Depreciation
Number
of part-
nerships
Amount
claimed
(Thouamtid
dotlmrm)
Reporting cost of
related assets
Number
of part-
nerships
(Thouamnd
dclUra)
Declining balance method
Depreciation
Number
of part-
nerships
Amount
claimed
(Thouasnd
dolUra)
Reporting cost of
related assets
Number
of part-
nerships
(Thouamnd
dotUrmj
(1)
(2)
(3)
(1)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(U)
(M)
All industries.
Agriculture, forestry, and fisheries
Farms
Other agriculture, forestry, and fisheries
Mining
Crude petroleum and natural gas
Other mining, and quarrying
Construction
General contractors
Special trade contractors
Contractors not allocable
Manufacturing
Food and kindred products, including
beverages
Apparel and o-Lher finished products
made from fabrics and similar materials
Lumber and wood products, except fur-
niture
Printing, publishing, and allied indus-
tries
Primary metals, and fabricated products,
except machinery and transportation
equipment
Machinery, except electrical and trans-
portation equiimient
Other manufacturing industries
Transportation, cammunication, and sanitary
services
Ustor freight transportation and ware-
housing
Other transportation, communication, and
sanitary services
Wholesale and retail trade
Wholesale trade
Diy goods and apparel
Machinery, equipment, and supplies...
Kfotor vehicles and automotive equipment
f^rm products — raw materials
Other wholesalers
Retail trade
Food
General merchandise
Apparel and accessories
Furniture, home furnishings,
equipment
Automotive dealers
Gasoline service stations
Eating and drinking places
Building materials
Hardware and farm equipment
Drug stores and proprietary stores..
Liquor stores
Other retail stores
Wholesale and retail trade not- allocable
Finance, insurance, and real estate
Security and commodity brokers, dealers,
exchanges, and services
Insurance agents, brokers, and service.
Real estate
Other finance, insurance, and real es-tate
Services
Hotels, rooming houses, camps, and o-ther
lodging places
Personal services
Laundries, laundry services, and
cleaning and dyeing plants
Beauty and barber shops. Including
schools
Other personal services
Business services
Advertising
Other business services
Automobile repair, services, and garages
Other repair services
Recreational services
Medical and other health services
Offices of physicians and surgeons...
Other medical and health services....
Legal services
Engineering and architectural services.
Accounting, auditing, and bookkeeping
services
Other services
949, 396
Nature of business not allocable.
141, 715
131,530
10, 185
13,301
8,4i9
"1,852
67,130
19, 508
41, 211
6,411
47, 869
6,800
3,305
9,456
6,639
4,457
4,897
12,315
17, 623
11,981
5,642
303,822
50,456
3,243
2,635
2,166
4,217
38,195
241, 170
40, 261
11,416
15,247
14,413
16, 759
31, 256
49, 191
5,553
11, 819
9,311
5,414
30,530
12,196
185, 173
4,834
13,090
141, 196
26,051
160,498
15,085
33,490
13,614
11,489
8,387
15,944
1,345
14,599
18,460
10, 612
12, 520
17, 322
8,172
9,150
20,123
6,511
8,193
2,238
12,265
183, 968
765,428
2, 102, 722
750,484
16, 430, 793
81, 785
382,781
81,007
4, 202, 372
29, 145
27, 258
1,887
2,988
1,753
1,235
13,594
4,681
7,333
1,580
5,985
465
283
1,394
1,109
427
1,943
1,894
1,134
47, 191
11, 227
572
677
221
1,091
8,666
34,438
5,097
2,311
2,196
1,943
3,752
3,983
6,458
671
1,258
549
691
5,529
1,526
48,320
3,136
4,353
20, 294
20, 537
28,754
1,005
4,520
1,259
2,253
1,008
4,085
287
3,798
3,079
2,016
3,248
2,546
1,376
1,170
5,028
1,577
1,096
554
112, 570
104,272
8,298
10,313
6,696
3,617
53, 536
14, 827
33,878
4,331
41,884
6,335
3,022
8,062
5,530
4,470
10, 372
15,729
10,847
256,631
39,229
2,671
1,958
1,945
3,126
29,529
206,732
35,164
9,105
13,051
12,470
13,007
27,273
42,733
4,882
10, 561
8,762
4,723
25,001
10, 670
136, 853
1,698
8,737
120,904
5,514
131,744
14, 080
28, 970
12, 355
9,236
7,379
U,859
1,058
10, 801
15,381
8,596
9,272
14,776
6,796
7,980
15,095
4,934
7,097
1,684
6,168
311,464
286, 141
25,323
91,315
55, 543
35,772
234, 251
141, 113
74,946
18, 192
172, 564
40,073
8,236
39, 400
15,391
15,314
17,267
36, 883
75, 029
58, 176
16,853
434,826
111, 833
4,122
6,181
4,540
14, 242
82,748
295,728
53,964
18, 718
14,541
16,705
22, 572
19, 267
64,238
11, 539
13,286
15,029
5,132
40,637
27,265
444,978
9,905
9,275
416,885
8,913
328,465
70,031
64,709
38,210
4,941
21,558
38, 721
2,033
36,688
29,955
6,250
45,491
32, 761
12, 393
19,868
20, 839
3,296
10, 067
1,295
9,830
109, 667
101,406
8,261
10, 028
6,411
3,617
53, 177
14,720
33,769
4,688
41, 529
6,262
2,932
8,044
5,434
4,470
10, 266
15,671
10, 803
252, 230
39, 091
2,671
1,958
1,939
3,126
29, 397
202, 695
34,833
8,986
12,610
12,204
12,822
26, 533
42, 066
4,705
10, 117
8,659
4,6(t2
24,518
10,444
133, 178
1,440
8,347
118,000
5,391
129,349
13,946
28, 390
12,115
9,111
7,164
11,540
1,058
10,482
15, 173
3,307
9,107
14, 669
6,689
7,980
14, 683
4,934
6,999
1,601
5,655
3,196,410
2, 926, 187
270, 223
792,833
505, 585
287, 303
1,430,526
799, 245
527, 628
103,653
1,793,737
445,426
35, 059
317, 196
184,348
193, 388
407,448
547,634
410,046
137, 588
4, 904, 821
1, 154, 698
48,223
54,734
45, 269
164,653
841,819
3,450,659
651,411
139, 524
160,497
193, 396
286, 206
207, 758
825, 951
120,413
187,315
160, 557
57, 189
410,442
299,464
9, 516, 560
66, 358
76, 356
9, 219, 890
153, 956
3,582,261
1, 152, 550
674, 596
352, 750
52,137
269, 709
271,939
16,445
255,494
237,029
55, 952
464,433
382,460
136,893
245, 567
170, 561
83,034
74,382
15,275
95, 980
93,782
37, 026
6,756
7,883
4,656
3,227
46,856
12, 555
30, 172
4,129
36, 395
5,207
2,803
6,920
4,845
3,595
4,038
8,987
13,078
8,923
4,155
222,466
33, 531
2,356
1,719
1,684
2,558
25, 214
180, 085
31,508
3,042
11, 193
10, 616
10, 659
23,758
33,450
3,993
3,644
7,442
4,230
21, 550
8,850
109, 375
1,417
7,470
96, 173
4,315
112, 354
12,092
24,709
10, 171
8,161
6,377
9,785
971
8,314
13,811
7,462
7,533
12, 552
5,614
6,938
12,415
4,356
6,178
1,461
4,954
211, 997
195,927
16,070
37,774
18, 999
13,775
97, 439
43,125
46, 137
3,177
101, 985
23,777
5,831
21,108
9,584
10,827
21, 735
44,241
33,687
10, 554
306, 306
70, 942
2,853
3,591
2,933
8,173
53, 392
217,779
40,909
12,352
10,641
12,039
14,560
15,325
50, 583
7,125
9,279
10,766
3,952
29,748
17, 535
263,104
5,437
5,792
246, 069
5,806
170, 330
19, 459
41, 225
22,918
3,667
14,540
13,671
1,226
17,445
16,917
4,730
24,320
20,044
7,788
12,256
13,005
5,598
5,862
999
6,476
93,5OT
36,754
6,753
7,836
4,619
3,217
46,674
12, 491
30,060
4,123
36,159
5,157
2,782
6,898
4,842
3,559
3,992
8,929
U,056
3,920
4,136
221, 609
33,439
2,356
1,711
. 1,664
2,530
25, 173
179, 369
31,400
8,003
U, 163
10, 595
10,613
23,719
38,327
3,936
8,532
7,385
4,225
21,471
8,801
108, 966
1,410
7,403
95,853
4,295
111, 926
12,070
24,550
10,111
8,141
6,298
9,765
971
8,794
13,790
7,443
7,493
12, 503
5,613
6,390
12,352
4,327
6,172
1,461
2, 287, 141
2, 110, 233
176,908
341,470
181, 893
159, 577
740,864
335,874
350,465
54,525
1,121,064
271, 001
54,243
168,310
121,138
131, 917
259, 910
338,236
250, 009
88, 277
3, 574, 261
726, 129
30, 104
33,489
30,490
86, 381
545, 665
2, 649, 311
500. 214
139, 031
U9,157
142,943
206,203
169, 158
632, 557
80,297
142, UO
116, 750
44,343
306, 538
198,321
5, 577, 184
42,155
54,410
5, 377, 404
103. 215
2,380,283
774,603
484,002
38,017
205,721
138,390
U,537
126,853
169,960
45,208
289,315
233,824
80,247
153,577
120,129
63,042
48,295
13,515
8,031
7,251
830
1,308
797
511
6,336
2,247
3,501
583
6,231
796
398
1,255
364
896
1,423
1,867
1,396
22, 765
5,854
365
426
234
528
4,251
15,822
2,547
792
1,227
1,193
1,136
1,333
2,757
525
652
1,218
473
1,964
1,089
17, 926
255
939
16,213
519
17,033
1,756
3,251
594
972
1,723
148
1,580
954
590
1,034
3,106
1,481
1,625
1,936
773
1,669
236
19, 925
17, 255
2,670
19, 536
10, 103
9,428
48,873
34,546
11,743
2,579
27,526
1,046
8,363
2,279
2,697
2,961
5,563
46,793
16, 993
720
1,508
639
2,184
11,942
27,013
5,551
1,980
1,510
1,227
2,298
976
5,202
1,092
697
1,921
496
4,063
2,787
148,233
609
1,135
145, 125
1,314
59,258
13,249
3,928
472
2,853
10,544
143
10,401
3,779
582
9,301
6,933
2,480
4,453
2,549
1,295
1,966
132
7,980
7,158
822
1,269
791
478
6,265
2,202
3,475
588
5,183
398
1,245
892
1,405
22,509
5,784
365
420
283
505
4,211
15,647
2,525
791
1,201
1,181
1,133
1,338
2,712
493
547
1,206
468
1,952
1,078
17,854
252
914
16, 169
519
16,845
1,735
3,249
594
972
1,728
148
1,580
934
590
975
3,098
1,479
1,619
1,910
765
1,625
236
134,411
115,063
19,348
124,528
66,838
57,690
275,284
157,088
68,826
19,370
197, 137
34,982
7,249
47, 195
24,349
42, 396
62, 197
14, 747
357, 913
113, 192
3,375
7,854
4,201
13,725
84,037
221,465
45,765
16,934
10,751
U,025
19, 145
7,544
50,395
8,087
5,672
16, 318
4,036
25,792
18, 256
2,527,220
5,008
5,960
2,485,374
30, 878
502,560
131, 117
59,847
2,925
21,732
54, 157
1,388
52,759
14,971
3,326
81,155
69,571
20,569
49,002
18,137
7,790
11,820
759
6,275
Footnote at end of table. See text for explanatory s-tatements and "Description of the Sample and Limitations of the Data."
See Table 9 for complete list of Industrial groups .
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
91
ACTIVE PARTNERSHIPS
Table 23.— NUMBER OF PARTNERSHIPS, DEPRECIATION, AND COST OF RELATED ASSETS, BY SELECTED INDUSTRIES AND DEPRECIATION METHOD— Continued
Industry
Partnerships with depreciation — Continued
Sum of the years-digits method
Depreciation
Number
of part-
nerships
Amount
claimed
(Thousand
dollmrm)
Reporting cost of
related assets
Number
of part-
nerships
(Thoutand
doUara)
Additional first-
year depreciation
Number of
partner-
ships
Amount
claimed
(Thouaand
dollar a }
Other methods of depreciation
Depreciation
Number
of part-
nerships
Amount
claimed
(Thotiaard
dollara)
Reporting cost of
related assets
Number
of part-
nerships
(Thouaand
dollara)
Method of depreciation not described
Depreciation
Number
of part-
nerships
Amount
claimed
(Thouaand
doUara)
Reporting cost of
related assets
Number
of part-
nerships
Amount
C Thouaand
(15)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
(24)
(25)
(26)
(27)
(28)
All industries.
Agriculture, forestry, and fisheries
Farms
Other agri culture, forestry, and fisheries
Mining
Crude petroleum and natural gas
Other mining, and quarrying
Construction
General contractors
Special trade contractors
Contractors not allocahle
Manufacturing
Food and kindred products, including
beverages
Apparel and other finished products
made from fabrics and similar materials
Lumber and wood products, except fur-
niture
Printing, publishing, and allied indus-
tries
Primary metals, and fabricated products,
except machinery and transportation
equipment
Machinery, except electrical and trans-
portation equipment
Other manufacturing industries
Transportation, communication, and sanitary
services
Motor freight transportation and ware-
housing
Other transportation, commumcation, and
sanitary services
Wholesale and retail trade
Wholesale trade
Dry goods and apparel
Machinery, equipment, and supplies...
Motor vehicles and automotive equipment
Farm products — raw materials
Other wholesalers
Retail trade
Food
General merchandise
Apparel and accessories
Furniture, home furnishings, and
equipment
Autoiaotive dealers
Gasoline service stations
Eating and drinking places
Building materials
Hardware and farm equipment
Drug stores and proprietary stores. . .
Liquor stores
Other retail stores
Wholesale and retail trade ncrt allocable
Finance, insurance, and real estate
Security and commodity brokers, dealers,
exchanges , and services
Insurance agents, brokers, and service.
Real estate
Other finance, insurance, and real estate
Services
Hotels, rooming houses, caiiips,and other
lodging places
Personal services
Laundries, laundry services, and
cleaning and dyeing plants
Beauty and barber shops, including
schools
Other personal services
Business services
Advertising
Other business services
Automobile repair, services, and garages
Other repair services
Recreational services
Medical and other health services
Offices of physicians and surgeons. . .
Other medical and health services. . . .
Legal services
Engineering and architectural services.
Accounting, auditing, and bookkeeping
services
Other services
15,613
Nature of business not allocable.
1,222
1,035
187
298
181
117
1,219
460
646
113
1,283
161
138
(M
124
201
408
114
4,757
1,212
113
(M
(M
(')
929
3,337
474
269
240
314
191
154
558
(1)
(1)
306
193
466
208
2,986
(M
275
2,485
138
3,399
329
621
(M
188
341
(')
302
176
(M
211
580
311
269
566
201
(M
15,418
19, 555
122, 130
2,456
2,062
394
1,758
489
1,269
6,757
4,039
2,435
233
7,571
1,707
474
(M
1,050
2,423
2,418
2,073
X5
9,591
3,403
181
(')
(M
(M
2,602
5,463
918
833
401
367
260
172
954
(M
(1)
381
127
868
725
16, 425
(M
402
14, 695
373
8,804
2,831
1,216
(M
309
1,110
{']
1,042
419
(M
660
842
470
372
866
523
(')
1,221
1,034
187
298
181
117
1,205
448
645
112
1,244
156
137
(M
196
405
114
4,665
1,185
113
(')
(')
(')
923
3,275
461
268
220
314
190
154
538
(')
(')
306
193
465
205
2,955
(1)
269
2,464
138
3,385
329
621
(')
IBS
315
(M
276
196
(1)
211
580
311
269
559
201
(M
17, 741
14,925
2,816
12,462
4,108
8,354
42, 080
24,990
15,312
1,778
59,480
11, 533
3,936
(1)
4,239
3,512
7,443
20,633
U,003
2,775
84,896
31, 979
988
(1)
(')
(1)
27,132
47,362
7,494
5,495
2,667
4,494
2,900
1,749
9,307
('5
(')
2,892
857
8,014
5,555
242,675
(M
1,875
231, 374
2,960
87,356
42, 692
7,874
5,725
(M
1,797
8,185
(^i
7,581
2,486
(')
5,601
7,475
3,576
3,899
7,146
3,567
1,752
(M
2,542
2,393
(1)
345
205
(1)
1,291
380
767
(M
2,163
220
273
317
441
110
6,301
1,351
(M
107
148
941
4,615
825
211
267
172
365
498
903
(')
165
401
145
570
335
1,801
(1)
307
1,216
153
4,630
306
979
278
210
410
(M
335
270
(M
204
910
345
565
630
197
480
(1)
(M
3,725
3,306
(1)
1,399
675
(^)
3,233
919
1,766
(M
6,901
791
365
2,866
740
653
975
1,494
911
7,388
2,210
(h
(')
57
216
1,560
4,899
1,100
519
207
95
377
240
1,012
(M
133
339
100
639
279
3,259
(')
145
2,529
106
6,893
1,313
1,395
1,063
102
230
563
(M
395
512
(M
833
1,082
245
837
415
256
422
(1)
(^)
29,484
27,678
1,806
2,334
1,715
619
7,263
2,605
4,064
594
6,978
1,465
234
1,674
321
650
1,626
37,411
6,652
287
265
276
772
5,052
28, 638
4,405
1,483
1,569
2,063
2,503
3,420
4,524
1,049
2,082
1,452
625
3,463
2,121
18,898
225
1,280
16,364
1,029
13,749
2,161
4,068
2,075
793
1,200
1,638
108
1,530
1,504
1,153
1,528
2,414
1,037
1,327
2,375
744
994
170
728
63,718
53,128
5,590
23,164
18,123
5,041
43, 657
27,905
11, 142
4,610
23,826
8,246
339
4,861
2,275
1,311
4,871
13,887
10,977
55, 408
15,910
127
245
795
3,179
11,564
34,051
3,959
2,281
1,582
2,469
3,872
1,928
5,815
2,914
2,379
1,424
426
5,002
5,447
10,699
661
1,438
7,381
1,219
43, 236
8,746
8,973
5,208
484
3,281
5,408
413
4,990
5,919
635
6,523
2,848
1,343
1,505
2,643
451
1,073
67
1,411
28,983
27,225
1,753
2,237
1,619
613
7,104
2,535
3,996
573
6,868
1,456
228
1,666
814
623
1,571
2,748
2,043
705
36,827
6,523
287
264
276
731
4,965
28, 201
4,389
1,448
1,564
2,012
2,485
3,397
4,346
1,033
2,036
1,445
625
3,431
2,103
13, 280
(M
1,221
15,904
1,010
18, 356
2,140
4,009
2,016
793
1,200
1,564
103
1,461
1,504
1,113
1,409
2,367
1,040
1,327
2,325
744
1, OU
170
643,593
583,954
59,639
211, 831
172, 001
39,330
267,497
164,347
77,917
25,233
280, 793
31, 761
7,406
56, 392
27,010
21,131
21,200
65,343
105,691
78,763
703,070
202, 286
3,861
7,476
8,977
40, 385
141, 587
433,437
80, 563
23,944
22,297
28,983
45,541
23,236
73,003
23,847
30,333
19,364
6,487
60,829
67,347
972, 150
(')
11,330
939,470
15,241
497,793
151,069
98, 206
9,362
33, 628
46,421
2,354
43,567
35,640
6,387
75, 732
47, 913
15,137
32,781
21, OU
7,225
■',455
729
6,001
5,638
313
654
517
137
2,161
766
1,222
173
2,143
518
123
304
174
642
12,204
2,490
123
112
141
271
1,843
9,129
1,200
359
765
524
1,098
1,261
1,097
371
792
462
(1)
1,112
585
5,330
210
239
4,543
238
5,017
334
1,104
299
272
430
(1)
421
507
342
426
593
281
312
341
150
210
(')
9,643
9,463
180
7,684
7,149
535
34,292
30, 579
1,718
1,995
4,755
935
131
1,160
96
465
1,266
9,340
2,375
14/i
124
58
361
1,688
6,523
1,527
253
200
508
1,205
626
672
159
727
193
(1)
367
442
3,258
1,764
313
1,036
95
39, 394
24,433
2,972
164
245
2,425
('5
2,415
2,409
125
3,354
1,012
567
445
1,411
173
509
(M
1,043
2,799
2,647
152
303
234
(M
1,003
270
708
(M
1,141
335
(')
(')
(M
91
328
(1)
5,749
1,348
(i)
(M
(M
148
981
4,073
629
113
326
279
497
363
504
154
345
283
0)
533
328
2,582
(')
167
2,234
123
2,497
(M
556
(M
133
203
(M
196
273
100
263
401
176
225
377
(')
123
(M
965, 003
113, 524
102, 012
11, 512
102, 597
80,745
(']
104, 301
86, 946
15, 108
(')
135,263
46, 149
(.')
(1)
(1)
8,479
18,666
(')
179, 681
76, 112
('5
(')
(1)
23,597
43, 393
93,584
17, 369
4,120
5,625
5,951
12,417
6,071
10,684
7,201
8,638
5,223
9,269
9,985
197, 331
0)
2,781
186, 268
1,662
114, 169
(')
24, 667
(>)
6,781
24,736
('5
24,724
13,972
455
12,680
23, 672
17,364
6,308
4,136
(M
5,060
(1)
^No reliable estimate of the sampling variability can be obtained from the sangjle. Data, however, are included in the totals.
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data."
See Table 9 for complete list of industrial groups for active partnerships.
654367 O - 62 - 7
92
U. S. BUSINESS TAX RETURNS, JULY 1959.JUNE 1960
ACTIVE PARTNERSHIPS
Table 24.— NUMBER OF PARTNERSHIPS, DEPRECIATION, AND COST OF RELATED ASSETS, BY INDUSTRIAL DIVISION, DEPRECIATION METHOD AND SIZE OF
BUSINESS RECEIPTS
Industrial division and size of
business receipts
Total
number
of
active
partner-
ships
Number
of
partner-
ships
vflthout
depre-
ciation
Partnerships with depreciation
Depreciation
Number
of
partner-
ships
Amoiant
claimed
(ThtHimmnd
dollmra)
Heportlng cost of
related assets
Number
of
partner-
ships
(Thousmnd
ttollmrmi
Straight line method
Depreciation
Number
of
partner-
ships
Amount
claimed
(Thaummtd
doi/afj
Reporting coat of
related assets
Number
of
partner-
ships
(Thouamnd
dollmra)
Declining balance method
Depreciation
Number
of
partner-
ships
Amount
claimed
(Thoa»Mnd
dotlmrM)
Reporting cost of
related assets
Number
of
partner-
ships
(Thoummtd
doU»r*)
Total.
Under $10,000 ,
$10,000 under $20,000 ,
$20,000 under $30,000 ,
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported ,
(1)
(2)
(3)
M
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
(13)
(U)
ALL mDUSTRIAL DIVISIONS
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
JGRIGULTURE, FOHESTRY, AND FISHERIES
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $5,000,000
$5,CX10,000 or more
No receipts reported ....'.
Hmmo
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
C0I6IHUCTI0N
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
MANUrACIURINC
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $5,000,000
$SjOOO,000 or more
No receipts reported
IHANSPORTAIION, COMJNICAIION, AND
SANITARI SERVICES
949,396
183,968
765,428
750,484
25,860,617
647,143
1,240,152
644,687
]t>430,793
81,785
382,781
61,007
4,202,372
290,296
133,699
88,691
111,191
135,202
92,126
56,286
12,754
7,409
615
21,115
92,829
24,466
14,092
U,365
12,966
6,252
3,156
592
393
52
14,785
197,469
109,233
74,599
96,806
122,236
65,874
53,130
12,172
7,016
563
6,330
170,847
162,583
138,175
206,468
327,602
315,306
376,464
138,683
165,538
91,055
9,781
194,679
106,910
72,508
94,553
119,858
64,289
51,777
12,169
7,008
563
5,170
3,195,058
2,379,798
1,861,206
2,615,288
3,751,002
3,508,873
3,856,348
2,098,128
1,699,051
505,562
188,463
166,231
91,023
62, 533
81,728
105,757
72,151
43,916
11,657
5,014
525
5,595
126,590
113,414
91,598
138,694
213,712
192,128
193,752
73,765
74,286
15,714
5,479
155,007
90,766
52,314
61,326
105,315
71,769
43,517
11,505
5,929
522
5,515
2,359,426
1,696,132
1,347,701
1,821,272
2,546,094
2,226,353
2,131,594
1,199,125
782, 757
187,812
128,516
13,305
8,266
6,329
9,170
14,390
12,252
10,601
3,981
2,514
329
636
22,379
23,230
21,556
30,930
53,205
57,713
79,210
32,394
43,554
17,353
1,135
13,280
8,206
6,289
9,091
14,292
12,100
10,413
3,925
2,451
325
634
141,715
29, U5
U2,570
311,464
109,557
93,782
211,997
8,081
19,925
7,980
51,013
27,453
14,802
12,877
11,304
5,020
2,441
411
150
7
5,227
17,372
3,398
1,381
1,001
645
508
193
25
7
43,641
24,055
13,421
11,676
10,659
4,512
;,246
366
153
39,881
46,406
36,496
44,615
60,753
35,499
32,529
6,310
4,932
84
1,555
42,395
23,623
13,016
11,369
10,466
4,512
2,108
386
153
7
1,612
519,856
519,442
376,917
425,843
553,053
324,491
276,935
126,439
44,977
3,923
19,534
36,862
20,487
10,859
9,470
8,632
3,714
1,685
366
133
7
1,355
32,022
35,700
26,759
29,156
36,124
21,430
18,160
5,647
2,660
6
1,313
36,763
20,467
10,800
9,430
8,792
3,714
1,675
362
132
7
1,365
405,301
407,558
291,431
294,937
387,635
219,555
170,892
63,387
26,890
2,516
15,029
1,508
1,355
641
1,192
1,682
764
462
145
(M
1,498
1,485
1,282
2,407
5,892
2,537
2,974
1,003
681
47
(M
1,508
1,355
841
1,172
1,663
725
446
139
(')
13,301
2,988
10,313
91,315
10,028
792,888
7,883
37,774
7,836
341,470
5,447
1,806
724
1,133
1,244
766
730
179
119
1,532
299
264
3,815
1,507
622
951
1,164
686
724
176
Ul
5,028
3,455
699
3,504
10,100
7,377
16,085
11,730
15,547
12,551
1,218
3,748
1,489
555
934
1,154
674
614
176
107
40,511
32,513
8,256
35,153
90,666
60,279
128,836
105,094
138,558
144,067
7,733
2,965
1,103
400
672
1,066
607
462
127
59
9
2,972
2,149
532
2,323
6,793
5,374
5,935
4,503
4,059
2,527
507
2,965
1,106
400
572
1,066
585
441
123
58
9
30,007
24,433
4,995
20,216
60,213
41,740
48,247
46,217
38,799
22,958
3,643
176
257
228
67
(M
114
696
2,188
2,802
2,029
5,196
5,249
(')
156
257
212
67
48
9
(')
67,130
13,594
53,536
234,251
53,177
1,430,526
46,856
97,439
46,574
740,664
6,336
46,873
5,265
11,523
10,489
7,720
10,130
10,937
7,663
5,544
1,239
793
96
795
4,314
2,718
1,527
1,549
1,539
630
471
125
121
24
7,209
7,771
5,193
6,481
9,396
7,233
5,073
1,114
672
72
320
4,098
6,114
.6,774
15,098
19,023
34,117
41,711
17,194
28,726
59,930
1,456
7,173
7,639
6,153
8,430
9,359
7,194
5,041
1,1U
672
72
34,501
46,874
51,918
109,235
136,155
268,377
265,962
174,937
201,053
89,330
50,058
6,501
6,886
5,495
7,551
8,206
6,050
4,245
1,110
534
34
242
3,533
4,990
5,688
11,094
13,989
17,699
17,026
6,706
10,307
5,105
1,300
6,481
5,649
5,495
7,551
8,186
6,030
4,203
1,101
505
31
242
28,542
40,055
43,615
73,952
98,756
127,071
138,238
72,435
55,057
17,343
45,788
317
505
378
717
1,076
1,269
1,250
415
317
27
(M
191
425
566
2,245
3,346
6,582
7,112
4,125
1^,289
7,976
(M
316
505
378
717
1,076
1,289
1,209
412
293
25
(')
47,869
5,985
41,864
172,564
41,529
35,395
101,985
36,159
6,231
27,526
6,183
8,902
5,426
4,156
5,744
7,732
5,537
5,319
1,850
1,178
74
841
2,748
872
474
515
476
234
214
15
33
3
6,154
4,554
3,682
5,229
7,256
6,403
5,105
1,845
1,145
71
440
3,586
4,681
5,120
9,854
19,551
26,355
39,524
25,892
32,383
5,084
413
6,087
4,511
3,625
5,229
7,216
6,290
5,067
1,845
1,145
71
440
37,658
44,125
49,904
92,439
201,432
256,142
364,363
3a, 746
339,299
60,854
5,575
5,192
3,977
3,168
4,581
6,450
5,351
4,304
1,845
1,010
71
436
2,7a
3,512
4,115
7,100
15,199
16,782
20,311
15,518
13,565
2,779
263
5,166
3,937
3,168
4,581
6,391
5,302
4,286
1,845
994
71
418
30,381
35,276
40,253
70,21i
152,739
179,714
231,090
191,395
153,496
32,450
4,056
508
216
308
499
1,173
972
1,249
707
491
47
(M
490
110
255
982
1,901
3,056
5,642
6,185
7,609
1,201
(M
506
218
308
499
1,154
972
1,248
693
479
47
(M
17,623
1,694
15,729
75,029
15,671
547,634
13,076
44,241
13,055
336,286
11,786
4,776
3,545
2,038
2,261
2,421
1,143
874
156
73
4
322
759
325
223
206
106
3
1
188
4,017
3,220
1,815
2,055
2,313
1,119
625
158
70
3
(')
4,281
5,912
5-, 839
8,524
14,696
11,659
12,966
5,926
4,772
64
(')
4,017
3,207
1,609
2,046
2,313
1,119
802
155
55
3
(M
39,495
41,259
41,490
52,752
97,864
66,803
103,834
50,508
32,0U
476
(')
3,386
2,750
1,524
1,627
1,825
980
671
126
52
3
(■)
3,451
4,444
3,550
5,U7
6,692
6,940
5,837
2,908
1,995
48
(')
3,386
2,750
1,524
1,527
1,821
980
571
125
49
3
(■)
31,512
31,471
25,008
36,116
54,612
51,555
58,048
31,020
17,412
371
(')
337
a?
237
199
342
222
199
(M
519
789
944
594
2,229
1,535
3,171
1,383
505
(')
337
217
237
199
342
222
199
53
18
(M
340,704
270,068
236,017 -
333,004
515,051
508,815
786,781
404,209
572,807
101,015
32,670
lii,4U
12,420
11,342
6,867
17,147
29,376
15,038
a,781
12,223
4,731
382
(')
124,528
887
4,238
12,647
18,317
12,327
26,671
45,873
(M
275,284
1,287
2,594
2,671
17,825
14,625
79,135
44,406
39,522
51,088
22,071
(M
197,137
3,451
1,437
2,179
6,643
U,966
23,499
39,474
43,454
53,705
8,818
(M
76,944
3,842
4,041
6,154
2,391
15,334
10,786
a, 777
8,032
4,516
(')
Footnote at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data.'
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
93
ACTIVE PARTNERSmPS
Table 24.— NUMBER OF PARTNERSHIPS, DEPRECIATION,
AND COST OF RELATED ASSETS, BY INDUSTRIAL DIVISION,
BUSINESS RECEIPTS— Continued
DEPRECIATION METHOD AND SIZE OF
Industrial division and size of
business receipts
Number
of
partner-
ships
partnerships with depreciation — Continued
SuiD of the years-digits method
Depreciation
itmount
claimed
(Thou»»nd
dolUrm)
Number
of
partner-
ships
Reporting cost of
related assets
(Thousand
dotlara)
Additional first-
year depreciation
Number
of
partner-
ships
Amount
claimed
(Theaiwand
Number
of
partner-
ships
Other methods of depreciation
Depreciation
Amount
claimed
(Thaiamnd
dotlara)
Number
of
partner-
ships
Reporting cost of
related assets
(Tktfuaand
dotlara)
Method of depreciation not described
Depreciation
Number
of
partner-
ships
Amount
claimed
(TItoaaand
dotlara)
Reporting cost of
related assets
Number
of
partner-
ships
(Tltouaartd
dotlara)
All INDUSTRIAL DIVISIONS
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
AtaiCttLIORE, FORESTRY, AND FISHERIES
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
MINING
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
^,000,000 under $5,000,000
$5,000,000 or more
No receipts reported
CONSTRUCTION
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No rece ipts reported ,
MANUFACTURING
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
TRANSPQRTAIION, CCJMUNICAIION, AND
SANHAHY SERVICES
(15)
15,613
2,002
1,291
l,Ui
1,590
2,498
2,258
2,636
1,108
703
103
285
1,222
335
3a
198
198
59
38
13
CM
Total.
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
(')
1,219
203
356
179
237
112
82
5
(M
143
398
247
159
16
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
(24)
(25)
(26)
(27)
55,809
15,418
560,607
19,555
34,312
124,632
279,056
122,130
34,679
110,612
16,568
2,174
3,215
2,767
2,411
8,004
5,408
11,466
7,451
8,419
3,398
1,096
2,002
1,290
1,134
1,570
2,478
2,258
2,560
1,089
670
102
265
37,651
48,364
35,964
17,092
106,916
48,871
89,885
79,620
60,995
22,401
12,848
1,977
1,714
1,392
2,251
3,699
3,248
2,688
1,208
951
160
267
2,201
2,300
1,577
2,729
5,140
5,759
5,103
3,863
3,632
1,428
580
29,063
17,247
11,237
15,251
18,862
14,422
12,049
3,734
1,904
58
805
12,636
15,444
14,917
22,126
36,314
43,624
63,615
16,810
27,559
25,415
596
23,335
16,943
10,918
14,994
18,546
14,223
11,763
3,679
1,859
48
772
393,246
321,799
209,972
383,041
476,391
546,074
632,890
334,641
307,316
78,627
13,045
7,918
4,239
2,822
3,971
5,109
4,679
3,337
1,171
822
275
336
4,867
4,980
5,760
9,578
U,226
10,674
23,338
4,580
7,978
26,737
894
3,274
1,874
1,269
1,967
2,354
2,343
1,955
692
536
184
(1)
2,456
1,221
3,725
29,484
63,713
28,983
643,593
6,001
9,643
546
452
422
255
490
128
(')
335
361
193
198
59
38
12
(M
1,773
3,575
3,457
3,245
1,756
3,155
753
(M
287
386
432
460
518
188
135
46
18
2
(M
123
231
354
526
1,005
613
380
186
111
9
(')
9,703
6,331
4,039
3,399
3,315
1,428
751
213
43
5,664
7,565
7,006
9,751
13,719
9,218
8,658
849
1,181
3
104
9,603
6,236
3,960
3,230
3,236
1,408
736
211
46
84,134
83,328
67,254
97,483
108,390
75,760
70,939
37,133
9,930
3,142
2,573
1,240
556
613
430
233
171
34
10
2
(M
433
357
701
2,805
1,561
1,174
2,202
135
171
19
(M
934
659
317
356
263
(M
1,758
12,462
2,334
23,164
2,237
211,831
7,684
190
539
376
(')
(M
904
4,125
1,L49
2,905
2,976
(M
15
9
3
0)
US
514
(M
637
262
133
341
302
198
254
67
56
9
(')
636
552
131
937
1,387
1,161
5,549
4,401
5,440
2,963
(')
592
242
133
341
302
177
244
66
56
9
(M
3,123
3,426
3,267
13,560
19,487
12,403
25,911
36,594
38,989
49,330
(M
34
17
5
(M
3,103
523
1,321
538
(M
17
31
13
4
(M
1,291
3,233
7,263
7,104
267,497
34,292
1,003
169
672
407
1,870
1,356
1,312
926
(M
203
356
179
232
no
76
4
(M
4,240
3,166
12,751
8,744
7,085
4,282
|1
235
184
104
59
441
233
600
580
449
417
28
593
724
653
303
1,307
1,330
1,161
431
192
5
(')
37
278
329
728
930
6,150
9,543
3,243
1,553
20,699
(')
593
664
639
803
1,307
1,310
1,113
422
189
5
(M
3,172
3,515
3,145
11,277
22,961
50,417
64,798
42,825
46,263
15,268
(M
297
317
336
284
388
273
129
104
33
7,571
1,244
6,901
6,978
23,326
280,793
484
1,721
1,583
2,399
672
143
397
241
1A8
15
3,759
15,290
15,030
17,629
3,336
U7
459
814
1,242
1,254
1,456
1,366
152
(M
673
712
356
872
1,015
1,186
1,190
567
298
5
(')
167
334
447
1,335
358
4,018
8,378
766
6,891
104
(M
673
712
336
872
996
1,167
1,159
560
286
3
(M
3,012
6,934
5,040
14,324
18,439
39,736
73,168
51,067
67,562
493
(')
2,418
2,787
13,887
105,691
305
301
16
1,600
639
105
_L
179
22
8
(')
735
179
79
(')
460
356
317
455
634
282
226
39
18
72
337
696
2,322
2,730
2,492
2,436
1,076
1,626
440
356
299
455
634
282
226
39
17
3,044
3,577
6,253
11,303
24,977
19,887
20,930
9,333
6,382
2,143
613
421
339
360
210
150
50
43
139
304
201
679
5,578
1,309
843
25,196
4,755
356
424
764
2,218
234
533
176
1,203
75
165
278
253
204
105
67
71
20
1,U1
278
217
141
210
157
111
27
(28)
965,003
59,031
43,415
31,552
60,879
103,540
76,749
217,198
80,532
175,176
li5,727
(M
113,524
16,273
10,659
8,764
16,302
23,695
23,410
10,541
2,613
1,025
(')
33,359
8,807
31,304
22,430
(M
3,172
3,925
8,588
5,769
U,411
41,570
30,366
135,263
3,451
13,573
9,434
25,341
20,800
46,907
15,757
623
3,065
Footnote at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
94
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS
Table 24.— NUMBER OF PARTNERSHIPS, DEPRECIATION, AND COST OF RELATED ASSETS, BY INDUSTRIAL DIVISION, DEPRECIATION METHOD AND SIZE OF
BUSINESS RECEIPTS— Continued
Industrial division and size of
boalness receipts
Total
number
of
active
partner-
ships
Number
of
partner-
ships
without
depre-
ciation
Partnerships with depreciation
Depreciation
partner-
ships
Amount
claljned
dollmrm)
Reporting cost of
related assets
Number
of
partner-
ships
(Thoumand
dottmraj
Straight line method
Depreciation
Number
of
partner-
ships
Amount
claimed
dolUra)
Reporting cost of
related assets
Number
of
partner-
ships
(TheuM»nd
dottmra)
Declining balance method
Depreciation
Number
of
partner-
ships
Amount
claimed
(Thouamttd
dolUraj
Reporting cost of
related assets
Number
of
partner-
ships
(Thoumand
dotUrt)
ViinT.iKti.R tXD RETAIL TRADE
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
Wholesale Trade
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
Retail Trade
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
Wholesale and Retail Trade not Allocable
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
FINANCE, INSURANCE, AND REAL ESTATE
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
SBIVICES
Total
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000
^,000,000 under $5,000,000
$5,000,000 or more
No receipts reported
NATURE OF BUSINESS NOT ALLOCABLE
(1)
(2)
(3)
W
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(13)
(U)
303,822
47,191
256,631
43A,826
252,230
■1,90.4,821
222,466
306,306
221,609
3,574,261
22,765
46,793
22,509
357,9U
36,054
29,405
26,596
44,943
66,567
52,599
33,526
7,688
4,365
333
1,746
50,456
16,484
7,452
5,036
6,040
6,355
2,952
1,222
250
145
16
1,239
11,227
19,570
21,953
21,560
38,903
60,212
49,647
32,304
7,438
4,220
317
507
39,229
8,593
10,888
15,160
34,924
69,191
89,855
110,135
43,805
46,152
5,930
193
19,567
21,551
21,109
38,099
59,139
48,857
31,430
7,438
4,220
317
503
39,091
128,754
145,867
187,245
400,271
751,128
991,543
1,167,460
534,066
486,981
107,354
4,152
17,160
19,086
18,625
33,874
52,870
42,328
27,034
7,045
3,662
317
465
33,531
6,283
8,582
12,236
29,029
53,960
67,656
70,084
29,781
25,377
3,197
121
70,942
17,140
19,047
18,526
33,674
52,750
42,188
26,846
7,021
3,638
317
462
33,439
99,623
120,220
154,371
330,709
615,044
784,159
309,461
331,086
278,236
47,511
3,841
726,129
734
876
950
2,257
4,067
5,004
5,264
2,059
1,373
161
(')
396
598
816
1,832
4,880
6,724
12,911
8,151
9,522
953
(M
16,993
734
836
950
2,257
4,1X7
4,945
5,176
2,034
1,350
160
(M
7,578
5,L44
8,580
15,297
34,9L;
52,155
101,999
60,540
62,038
9,634
(M
7,514
3,635
3,U5
5,446
7,760
7,855
8,434
3,213
2,607
271
576
241,170
4,248
1,423
1,023
1,082
1,391
781
544
182
121
13
34,438
3,266
2,212
2,122
4,364
6,369
7,074
7,890
3,031
2,486
258
157
206,732
2,007
1,870
2,029
5,456
8,986
15,264
30,827
17,186
24,213
3,936
59
295,728
3,263
2,212
2,122
4,345
6,319
7,064
7,838
3,031
2,486
258
153
202,695
32, UO
21,773
17,255
50,716
80,340
150,625
232,047
191,119
253,432
75,084
167
2,826
1,834
1,747
3,513
5,233
6,098
6,549
2,986
2,278
258
U9
180,035
1,511
1,237
1,399
3,930
6,372
11,648
17,135
U,617
U,068
1,926
49
217,779
2,326
1,881
1,747
3,518
5,218
6,078
6,522
2,975
2,270
258
146
179,369
19,770
14,812
12,915
38,576
63,260
111,619
173,160
116,701
144,179
31,004
133
2,649,811
159
193
79
585
674
748
1,503
886
886
116
(M
15,322
173
173
36
621
1,229
957
4,295
3,312
5,462
675
27,013
159
178
79
535
674
729
1,499
871
874
116
15,647
3,317
2,096
841
4,282
5,184
6,812
33,773
22,607
31,949
7,297
(')
221,465
27,569
24,974
22,818
33,311
56,017
42,097
22,784
3,918
1,515
56
1,111
12,196
11,858
5,791
3,973
4,602
4,667
2,044
640
61
19
3
780
1,526
15,711
19,183
18,845
33,709
51,350
40,053
22,144
3,857
1,496
53
331
10,670
6,368
8,661
12,630
23,761
57,219
69,302
70,152
22,430
18,333
1,697
125
27,265
15, 7U
13,781
16,394
32,924
50,381
39,343
21,424
3,857
1,496
53
331
10,444
92,648
120,459
160,861
340,700
635,247
783,724
790,302
298,272
195,024
29,509
3,913
299,464
13,780
16,782
16,364
29,663
45,532
34,173
18,649
3,572
1,201
53
316
3,850
4,606
7,035
10,449
24,545
45,186
52,663
47,016
15,489
9,553
1,165
72
17,585
13,760
16,746
16,285
29,483
45,432
34,053
18,492
3,561
1,188
53
316
8,301
77,996
102,983
133,692
235,869
522,281
635,241
571,878
186,583
114,074
15,501
3,708
198,321
555
633
812
1,652
3,294
3,976
3,398
1,029
426
42
196
419
691
1,165
3,571
5,485
7,648
4,055
3,518
265
555
618
812
1,652
3,274
3,936
3,320
1,020
419
41
4,201
2,984
7,223
10,912
29,458
43,046
61,557
33,489
26,496
2,099
971
796
633
1,186
2,790
2,647
2,308
557
243
6
(M
378
278
356
297
(1)
593
558
593
830
2,493
2,520
2,270
550
233
6
(')
218
357
451
707
2,986
5,289
9,156
4,189
3,606
297
(M
593
558
593
830
2,439
2,450
2,168
550
233
6
(M
3,966
3,635
9,129
8,855
35,541
57,194
95,111
44,675
38,525
2,761
(')
554
420
514
693
2,100
2,057
1,836
487
183
6
166
260
388
554
2,402
3,345
5,933
2,675
1,756
106
554
420
494
673
2,100
2,057
1,832
485
180
6
1,357
2,425
7,764
6,264
29,503
37,299
64,423
27,797
19,983
1,006
280
363
144
61
3
282
968
784
542
13
280
357
U3
57
3
1,015
2,297
6,669
4,444
3,593
238
185,173
43,320
136,853
444,978
133,178
9,516,560
109,375
263,104
108,966
5,577,184
17,926
148,233
17,854
2,527,220
113,884
25,660
13,171
11,015
8,807
4,007
2,019
320
264
55
5,971
33,674
3,834
2,173
1,563
1,226
654
401
78
31
3
80,210
21,826
10,998
9,452
7,581
3,353
1,618
242
233
52
1,283
80,067
54,307
42,323
51,411
61,679
52,302
73,195
7,690
14,108
5,U2
2,754
79,415
21,056
10,244
8,923
7,167
2,940
1,618
242
233
52
1,288
2,056,915
1,185,016
850,630
1,044,126
1,136,725
907,797
1,083,958
584,928
525,262
57,526
83,677
66,637
15,920
8,157
6,898
6,326
2,423
1,199
242
233
52
1,288
60,582
34,559
22,648
29,8U
33,555
28,662
35,472
3,183
U,272
2,247
1,110
66,637
15,860
8,096
6,738
6,326
2,321
1,177
242
229
52
1,283
1,484,318
769,139
562,763
643,133
608,592
458,919
435,133
378,754
156,071
36,934
43,423
7,312
3,098
2,067
2,002
1,636
793
504
U9
91
52
16,043
15,459
15,079
19,628
23,388
20,066
34,087
2,361
1,U9
447
556
7,312
3,098
2,067
1,963
1,636
768
499
149
89
52
277,366
212,203
181,898
242,262
323,562
291,552
454,272
168,292
338,239
10,962
26,612
160,498
28,754
131,744
328,465
129, X9
112,354
170,830
111,926
2,380,283
17,033
59,258
16,845
502,660
43,053
28,049
18,737
22,238
25,478
13,749
5,703
832
450
36
2,073
12,770
4,816
2,874
3,051
2,361
1,110
594
85
43
30,283
23,233
15,9U
19,187
23,117
12,639
5,109
797
407
32
1,027
23,905
29,603
24,865
37,340
71,581
55,676
46,292
17,802
17,741
2,160
1,500
29,942
22,825
15,610
18,890
22,523
12,426
4,995
797
407
32
897
319,529
353,820
286,641
446,979
773,513
600,809
423,844
194,780
130,200
42,052
10,094
25,413
20,015
13,929
16,561
19,735
10,451
4,229
778
327
32
884
U,008
17,766
15,375
24,428
42,536
26,991
13,108
5,296
5,015
805
502
25,354
19,956
13,929
16,561
19,526
10,411
4,229
769
320
32
839
234,582
261,129
219,552
348,033
562,729
360,151
220,983
82,546
56,630
27,729
6,219
2,354
1,799
1,508
2,225
4,097
3,019
1,429
380
124
29
3,005
3,711
2,568
3,194
10,315
13,700
10,452
7,136
4,623
490
(')
2,354
1,779
1,468
2,205
4,057
2,980
1,408
375
124
29
(M
32,432
29,456
25,374
31,022
76,990
127,440
84,484
59,627
31,674
3,275
(M
6,097 6,158
Footnote at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data.'
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
96
ACTIVE PARTNERSHIPS
Table 24.— NUMBER OF PARTNERSHIPS, DEPRECIATION, AND COST OF RELATED ASSETS, BY INDUSTRIAL DIVISION, DEPRECIATION METHOD AND SIZE OF
BUSINESS RECEIPTS— Continued
Industrial division and size of
business receipts
Partnerships with depreciation — Continued
Sum of the years — digits method
Depreciation
Number
of
partner-
ships
Amount
claimed
f Thousand
doll arm)
Reporting cost of
related assets
Number
of
partner-
ships
(Thotiaand
dollars)
Additional first-
year depreciation
Number
of
partner-
ships
Amount
claimed
(Thouiand
dollars)
Other methods of depreciation
Depreciation
Number
of
partner-
ships
Amount
claimed
(Thouaand
dollar a)
Reporting cost of
related assets
Number
of
partner-
ships
(nouamnd
dottara)
Method of depreciation not described
Depreciation
Number
of
partner-
ships
Amount
claimed
(Thouaand
dollars)
Reporting cost of
related assets
Number
of
partner-
ships
(Thouaand
dollara)
WHOLESALE AND RETAIL TRADE
Total
(15)
Under $10,000
410,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
Wholesale Trade
Total.
336
515
596
950
1,267
540
3A8
65
(M
1,212
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
2&i
234
58
Retail Trade
Total. ,
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 under $200,000
$200,000 under $500,000
$500,000 under $1,000,000...
^,000,000 under $5,000,000.
$5,000,000 or more
No receipts reported
336
575
693
953
228
92
n
Wholesale and Retail Trade not Allocable
Total.
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
FINANCE, IhEURANCE, AND REAL ESTATE
Total.
2,986
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000 ,
$50,000 under $100,000
$100,000 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
No receipts reported
875
514
277
356
417
209
163
58
46
10
Total.
3,399
Under $10,000
$10,000 under $20,000
$20,000 under $30,000
$30,000 under $50,000
$50,000 under $100,000
$100,000 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
No receipts reported
475
277
357
460
712
499
403
84
43
10
NATURE OF BUSINESS NOT ALLOCABLE.
(^)
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
(24)
(25)
(26)
(27)
6,301
7,388
37,411
55,408
36,827
703,070
12,204
9,340
151
365
785
1,236
2,526
1,599
2,227
684
(M
3,403
515
696
950
1,212
533
339
64
(M
1,185
3,586
8,222
8,797
20,066
12,679
17,657
7,1A9
(M
301
364
290
610
1,041
1,245
1,315
542
460
93
(M
349
388
271
560
755
1,172
1,627
946
1,007
285
2,210
2,358
2,728
2,516
4,942
7,462
7,038
7,019
2,135
1,148
25
(M
6,652
774
1,077
1,183
2,453
7,655
11,207
20,348
2,790
7,382
525
(M
15,910
2,299
2,689
2,412
4,843
7,383
7,038
6,863
2,106
1,129
25
(M
6,523
13,548
17,593
20,267
45,447
83,609
122,053
193,947
111,229
93,010
7,224
(M
202,286
554
973
797
1,468
2,480
2,775
1,961
637
414
125
700
183
606
733
1,156
1,860
2,639
538
637
286
(1)
337
672
990
1,330
1,170
348
275
111
1,348
582
1,395
442
261
229
58
6,025
4,075
10,697
4,737
112
128
185
305
189
254
61
4,615
205
77
225
539
358
501
171
514
297
357
638
756
995
1,530
904
637
24
28,638
2U
246
188
470
1,062
2,003
7,467
1,218
2,525
520
34,051
5U
277
337
638
736
995
1,481
895
626
24
28,201
3,447
3,970
1,976
6,025
10,694
28,914
56,453
41,111
44,177
5,519
438,437
237
396
514
492
221
208
105
9,129
174
160
299
770
99
262
202
257
326
137
140
93
4,073
261
633
983
1,857
792
681
73
(M
336
575
693
917
225
90
4
(M
3,008
7,390
7,356
14,265
7,173
5,945
895
(')
5,555
236
323
139
498
872
960
927
306
184
30
(M
336
321
215
355
666
879
1,014
542
443
100
(M
1,804
2,293
2,080
4,087
6,369
5,585
4,880
1,099
420
1
(')
544
741
972
1,880
6,178
7,803
10,967
1,163
3,793
5
(1)
5,447
1,745
2,274
1,996
3,988
6,310
5,585
4,789
1,081
412
1
(M
2,103
9,785
12,477
17,442
37,511
67,752
78,436
115,370
61,149
36,739
1,705
(M
435
854
698
1,211
1,925
2,064
1,354
370
178
20
(M
663
85
326
555
935
1,489
1,650
339
345
84
(M
258
514
811
955
782
178
120
18
225
151
164
1,431
1,015
1,517
47
22
2
458
1,401
609
1,914
13?
409
91
1,064
e)
(M
458
593
130
91
(M
4,222
5,163
14,703
22,124
8,969
12,094
197
115
46
28
72
219
50
30
(M
16,425
2,955
242,675
3,259
18,898
10,699
18,280
972,150
5,330
3,258
2,562
1,U1
2,293
1,382
693
4,024
1,437
2,193
1,124
979
344
815
875
514
277
336
417
209
158
57
43
22,399
40,725
23,050
4,237
73,886
20,422
15,994
19,489
9,947
2,041
10,485
491
198
428
228
1A6
75
56
90
37
622
290
648
156
107
65
91
319
925
36
10,723
2,967
1,428
. 1,415
1,212
535
303
42
41
4
1,284
1,305
2,375
567
428
1,551
1,048
717
321
898
205
8,804
87,356
4,630
6,893
18,749
43,286
590
512
607
610
1,417
789
2,380
789
534
380
196
475
276
357
460
712
499
393
83
42
9
6,468
3,756
6,675
4,425
13,538
6,079
20,403
17,701
4,375
2,512
1,424
463
518
333
535
1,111
977
467
129
69
3
20
620
847
327
358
1,530
1,723
723
475
241
21
28
3,738
2,968
1,720
2,925
3,516
2,367
1,114
237
102
3
59
3,858
3,155
2,724
3,934
8,482
7,242
7,552
2,875
3,136
223
105
(^)
(M
(M
10,368
2,848
1,389
1,415
1,113
535
298
42
40
239,138
139,143
72,755
128,587
104,207
135,956
109,924
16,907
17,953
5,317
2,263
2,788
827
395
462
354
170
142
30
61
42
395
401
722
178
128
479
330
214
98
281
1,370
415
386
lft4
18,356
497,793
5,017
39,394
2,497
3,639
2,948
1,680
2,386
3,476
2,248
1,093
230
95
2
59
42,310
54,833
31,799
60,272
93,026
86,070
72,073
28,360
26,990
495
1,565
811
704
535
751
996
669
315
82
57
18
1,824
3,612
3,264
4,816
7,301
5,231
7,077
1,231
4,192
241
605
356
283
199
336
540
486
215
47
25
10
U,624
1,043
^No reliable estljDate of the sajipling variability can be obtained from the sample. Data, however, are included in totals.
NOTE: See text for explanatory stateinents and "Description of the Sajuple and Lijnitations of the Data."
(28)
179,681
4,309
3,745
5,514
9,339
24,379
41,987
18,532
36,040
35,836
76,112
4,614
2,431
13,485
6,625
22,430
26,527
93,584
1,681
2,308
3,400
8,366
19,645
27,232
9,873
11,770
9,309
1,270
2,034
1,840
197,331
33,694
23,806
36,071
26,478
69,583
1,486
3,052
2,272
114,169
3,737
4,646
3,241
3,227
27,230
21,069
25,901
6,546
10,531
8,041
96
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS
Table 25.— NUMBER OF PARTNERSHIPS, DEPRECIATION, AND COST OF RELATED ASSETS, BY INDUSTRIAL DIVISION, DEPRECIATION METHOD AND
SIZE OF NET PROFIT
Industrial division and size of
net profit
Total
number
of active
partner-
ships
Number of
partner-
ships
without
depreci-
ation
Number
of part-
nershlpE
Partnerships with depreciation
Depreciation
Amount
claimed
(Thouaattd
dollarw)
Reporting cost of
related assets
Number
of part-
nerships
(Thouasnd
dollmra)
Straight line method
Depreciation
Number
of part-
nerships
Amount
claimed
(Thou»'nd
doll'f)
Reporting cost of
related assets
Number
of part-
nerships
(Thoutarid
dollBf)
Declining balance method
Depreciation
Number
of part-
nerships
Amount
claimed
(Thouamnd
Reporting cost of
related assets
Number
of ptirt-
nerships
(Thoumand
dollmrm)
ALL INDUSTRIAL DIVISIONS
ftirtnerships with net profit, total.
Under *2,000
$2, 000 under $5^ 000
j,5, 000 under $10, 000.
$10,000 under 4>20,000. ..
4^20,000 under +50,000.. .
$50,000 under 4.200,000..
|200,000 under $500,000.
$500, 000 or more
Partnerships without net profit, total..
AGRICULTURE, FORESTraf, AND FISHERIES
Total.
Partnerships with net profit, total.
Under +2,000
+2,000 under +5,000
;p5,000 under :tlO,000
+10,000 under +20,000...
+20,000 under ^50,000...
+50,000 under +200,000..
,p200,000 under ;f 500, 000.
:^500, 000 or more
Partnerships without net profit, total..
Total.
Partnerships with net profit.
Under +2, 000
$2,000 under +5,000
s)5, 000 under +10, 000
ailO,000 under ;^20,000
$20,000 under $50,000
$50,000 under +200,000..
$200,000 under ;t500,000.
+500,000 or more
Partnerships without net profit, total..
CONSTRUCTION
Total.
Partnerships with net profit,
tftider +2, 000
+2, 000 under $5, 000
$5, 000 under $10, 000
$10,000 under +20,000
;p20, 000 under $50, 000
$50,000 under +200,000..
+200,000 under +500,000.
4)500, 000 or more
Partnerships without net profit, total.
MANUFACTURING
Total.
Partnerships with net profit, total.
Under +2,000
+2,000 under $5,000
is, 000 under ^10,000
$10,000 under $20,000...
$20,000 under .^.50,000...
$50,000 under +200,000..
+200,000 uiKier $500,000.
+500, 000 or more
Partnerships without net profit, total.
TRANSPOBTATION, CCIWUNICATION, AND
SANITARr SERVICES
Total.
Partnerships with net profit.
Under +2, 000
$2,000 under +5,000
$5,000 under +10,000
$10, 000 under $20, 000
$20,000 under $50,000
$50,000 under +200,000..
$200,000 under +500,000.
$500,000 or more
Partnerships without net profit, total. .
_ui.
(2)
(3)
("1)
(5)
(6)
(7)
(8)
(9)
(10)
(U)
(U)
(13)
(K)
9«9, 396
163, 968
765,428
750, iSi
25, 860, 817
16, -430, 793
382, 781
81,007
4,202,372
759, 172
197, 358
161, 778
158,787
131, 993
78, 368
28,243
2,095
550
190, 224
140,135
55,640
32,922
24,428
14,806
8,316
3,501
423
99
43, 833
619, 037
141,718
128,856
134,359
117, 187
70, 052
24,742
1,672
451
146, 391
1,595,750
161, 047
201, 665
263, 331
327, 548
326, 194
222, 431
44,475
49,059
611, 018
140, 960
126, 625
132,439
115, 123
69, 350
24,445
1,650
426
19, 943, 612
2, 514, 905
2, 798, 321
3, 291, 675
3,871,243
3, 613, 724
2, 925, 240
440,410
488, 094
5, 917, 205
532, 583
122, 767
110, 133
116, 223
100,564
59, 977
21, 232
1,338
349
114, 560
999,991
121,458
147, 262
191, 517
209, 336
188,817
112, 195
14,984
14,422
240, 161
530,666
122, 236
109,993
115, 967
100, 166
59, 560
21,104
1,308
332
13, 177, 181
1, 881, 842
2, 055, 207
2,336,915
2, 585, 024
2, 257, 624
1,559,018
213,126
288,425
66,405
8,247
9,538
12,406
15,065
13,417
7,009
595
128
255, 815
16,246
21, 757
32,934
49, 977
60,790
52,135
10,770
11,206
65,694
8,171
9,493
12,337
14, 859
13,235
6,902
574
123
2,743,530
204, 9 W
259,248
376,842
536,697
507, 691
722,456
77, 392
58, 290
1, 458, 842
141,715
112, 570
311, 464
109, 667
3,196,410
93, 782
211,997
93,507
2, 287, 141
8,081
19, 925
107, 330
34,237
30,368
22,247
13,216
6,177
1,047
55
3
34,365
22,815
9,234
6,823
4,023
2,042
569
117
84, 535
25,003
23,545
18,224
11, 174
5,608
930
48
3
28,035
226, 558
33,381
44,564
49,418
46, 229
38, 332
13,759
818
57
83, 277
24, 635
22,894
18,102
11, 085
5,608
902
48
3
26,390
2, 354, 541
381, 699
524, 896
517, 678
424, 137
368,751
129,626
6,471
1,283
841,869
71,346
21,450
19,420
15,514
9,446
4,731
737
45
3
22,436
158, 387
24,765
34,299
37, 243
32, 183
22, 690
6,312
372
23
53, 610
71,151
21, 371
19,400
15,495
9,406
4,705
727
44
3
22, 356
1, 697, 160
293,418
383, 833
390,211
317, 176
233, 306
75,397
3,025
794
6,275
922
1,036
1,559
1,347
1,176
224
9
2
1,806
14, 950
1,333
1,235
2,702
3,279
4,475
1,798
112
16
4,975
7,980
6,194
877
1,036
1,559
1,327
1,176
209
8
2
1,786
13,301
2,968
10,313
10, 028
792,888
1,308
19, 536
7,921
2,972
2,522
873
749
501
268
21
15
1,780
632
1,009
90
22
23
1
3
1,208
,340
,513
349
633
479
245
20
12
55, 510
4,608
4,538
3,304
8,472
10, 145
12,767
2,937
8,689
5,910
2,214
1,408
849
683
479
245
20
12
4,118
475, 549
42, 666
26,776
30, 970
63, 089
87,580
121, 061
23,791
74, 616
317,339
4,874
1,700
1,194
761
485
479
231
13
6
3,009
25,504
3,133
2,524
2,947
3,157
5,491
5,013
839
2,400
12,270
4,860
1,700
1,194
761
435
479
219
16
6
224,419
31,215
20,786
23,427
24,832
40, 251
52,601
10, 470
20, 837
854
247
278
m
5
454
12,547
1,973
2,643
3,689
3,515
6,939
247
268
102
5
454
67,130
13,594
234,251
53, 177
1,430,526
46,856
97, 439
46,674
740,864
6,336
48,873
6,265
57,481
8,909
9,603
15,523
14,767
6,832
1,599
179
59
9,649
11,436
2,675
2,054
3,469
2,055
834
263
65
21
2,158
46,045
6,234
7,554
12,059
12,712
5,998
1,336
114
33
7,491
166,
7,
11,
20,
30,
37,
20,
45,814
6,234
7,554
11,950
12,683
5,914
1,336
U4
29
7,363
1, 126, 622
58,344
88,383
161, 831
218,476
272,686
242,247
53, 676
30,479
303,904
41,094
5,556
7,187
10,958
U, 169
4,930
1,203
74
17
5,520
8,317
15,584
18, 263
16, 737
11, 626
1,482
2,051
40, 938
5,536
7,132
10,938
11,121
4,901
1,173
72
15
539,388
46,150
68,570
U4,279
136,530
123,327
86,158
10,382
4,492
150, 976
5,324
218
720
1,094
1,513
1,155
544
59
16
37, 188
571
384
3,461
4,834
9,923
10,090
3,521
3,884
5,259
218
714
1,094
1,497
1,123
539
59
15
47,669
5,985
41,529
1,793,737
27,526
6,183
38,681
6,463
6,874
7,522
9,055
5,994
2,536
216
21
9,188
,564
4,899
,182
5,692
571
6,951
479
6,576
177
5,817
73
2,463
10
206
3
18
7,262
6,310
9,957
17,942
27,965
38,842
36, 537
8,670
1,558
24,783
34,283
1, 533, 284
4,899
69, 339
5,531
103, 524
6,826
159,534
8,541
300,480
5,749
400, 599
2,463
399,127
206
82, 911
18
17, 770
7,246
260,453
30,493
4,382
4,951
6,348
7,379
5,026
2,228
164
15
5,902
88,783
4,849
7,578
12,625
18,534
22,411
18,881
3,518
367
13,202
30,278
4,356
4,945
6,269
7,351
4,970
2,217
157
13
954, 332
52,614
77,773
115,350
201, 087
252,696
209,550
39,397
5,365
5,506
289
587
812
1,412
1,358
929
113
6
24,769
199
1,089
2,255
3,559
6,766
8,418
2,326
157
2,757
5,453
289
537
8U
1,405
1,341
910
no
5
17, 623
15,729
75,029
15,671
547,634
44,241
U,056
338,266
1,867
11, 786
1,864
13,817
3,321
3,186
3,132
2,523
1,291
274
34
6
3,306
500
279
253
iA2
154
4
3
1
12,481
2,821
2,907
2,929
2,381
1,137
270
31
5
62, 502
6,993
8,707
11,309
13,656
12,184
7,701
1,765
182
12,527
12,438
2,821
2,907
2,925
2,354
1,137
248
31
5
3,233
457,646
49,779
60,740
82,609
100, 094
90,937
51, 210
20,004
2,273
89, 933
10, 578
2,465
2,441
2,640
1,822
1,013
170
22
2,500
35,688
■ 5, 039
5,470
7,944
6,866
7,123
2,403
767
51
8,553
10,576
2,465
2,441
2,640
1,822
1,013
169
21
5
2,480
277,311
33,062
38,581
61,158
51, 635
56,590
23,041
12,542
702
60,975
1,438
255
285
241
314
249
76
16
2
9,935
593
1,423
1,687
2,125
2,299
1,193
490
115
1,851
1,435
255
285
241
314
249
75
14
2
134,411
101,682
8,184
11,873
19,274
21,098
28,593
11,859
518
283
124,528
79, 692
3,940
14,344
12,458
24,324
24,626
44,836
195,564
3,294
8,395
25, 501
25,936
39,336
61,653
17,367
13,832
79,720
197. 137
178,041
1,737
9,555
13,978
27,506
45,669
61,81£
16,827
953
19,096
76,944
62,740
2,844
9,445
6,313
15,629
15,197
6,973
2,872
1,467
14,204
See text for eiplanatory statements and "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
97
ACTIVE PARTNERSHIPS
Table 25.— NUMBER OF PARTNERSHIPS, DEPRECIATION, AND COST OF RELATED ASSETS, BY INDUSTRIAL DIVISION, DEPRECIATION METHOD AND
SIZE OF NET PROFIT— Continued
Industrial division and size of
net profit
Partnerships with depreciation — Continued
Sum of the years-digits method
Depreciation
Number
of part-
nerships
Amount
claimed
(Thoumaiul
Number
of part-
nerships
Reporting cost of
related assets
Number of
partner-
ships
f rhousand
Additional first-
year depreciation
Amount
claimed
(Thouaertd
Other methods of depreciation
Depreciation
Number
of part-
nerships
Amount
claimed
fThouaonc/
Reporting cost of
related assets
Number
of part-
nerships
(ThoiSfWfid
dollmr*)
Method of depreciation not described
Depreciation
Number
of part-
nerships
Amount
claimed
(Thoummd
dotlara)
Seporting cost of
related assets
Number
of part-
nerships
Amount
dolUrm)
(28)
ALL DIDOSTRIAL DIVISIONS
(15)
15,613
Partnerships with net profit, total.
Under $2,000
;^2, 000 under $5, 000
$5,000 under $10,000
$10, 000 under $20, 000
$20,000 under $50,000...
450,000 under $200,000..
$200,000 under $500,000.
;()500, 000 or more
I^rtnerships without net profit, total.
AORICDITURE, FORESTKt, AND FISHERIES
13,404
1,580
1,446
2,016
3,166
3,080
1,846
200
70
2,209
Total.
1,222
Partnerships with net profit, total.
Under $2,000
$2,000 under $5,000...
$5,000 under $10,000..
$10,000 under $20,000.
$20,000 under $50,000.
$50,000 under $200,000
$200,000 under $500,000
$500, 000 or more
Partnerships without net profit, total.
989
239
289
210
43
2
IHNINa
Total.
Partnerships with net profit, total.
Under $2,000
$2,000 under $5,000
$5,000 under $10,000
$10,000 under $20,000...
$20,000 under $50,000...
$50,000 under $200,000..
4200,000 under $500,000.
$500, 000 or mDre
Partnerships without net profit, total.
CONSTRUCTION
Partnerships with net profit, total.
Under $2, 000
$2,000 under $5,000
$5,000 under $10,000
$10,000 under $20,000
$20,000 under $50,000
$50,000 under $200,000..
S200,000 under $500,000.
$500, 000 or more
Partnerships without net profit, total. .
UANUFACTHHINQ
Total.
Partnerships with net profit, total.
Under $2, 000
$2, 000 under $5, 000
$5, 000 under $10, 000
$10, 000 under $20, 000
$20, 000 under $50, 000
$50,000 under $200,000..
$200,000 under $500,000.
$500, 000 or more
Partnerships without net profit, total. .
TRANSPOHTATION, COMUNICATION, AND
SANITART SERVICES
(M
1,219
1,031
127
133
171
210
246
131
11
2
1,283
1,123
228
379
279
52
5
Total.
Partnerships with net profit, total
Under $2, 000
$2,000 under j.5,000
$5,000 under $10,000
$10, 000 under $20, 000
$20,000 under $50,000
$50, 000 under $200, 000
$200,000 under $500,000
$500,000 or more
Partnerships without net profit, total.
(M
(16)
(17)
(18)
(19)
(20)
(21)
(22)
(23)
(24)
(25)
(26;
(27)
15,418
560, 607
19,555
34,312
279, 056
122,130
3,702,042
110,612
47, 730
2,234
3,573
5,578
8,540
10,496
11,406
3,002
2,801
8,079
13,250
1,579
1,398
2,016
3,157
3,036
1,820
180
64
445,593
28,434
35, 671
60, 606
77,251
101,736
96,742
19,135
26, 018
115, 014
16,400
1,939
2,127
2,753
3,718
3,635
1,918
241
69
3,155
25,400
1,795
2,602
3,036
5,535
6,078
4,968
896
490
8,912
102, 142
20,856
20,237
20, 765
19, 501
14, 451
5,792
402
187, 904
13,338
20, 309
22, 577
42,093
50, 719
29,807
7,260
1,801
100,213
20,416
19,930
20,437
19,144
14, 166
5,651
337
32
2, 839, 770
346,913
381, 024
463,367
554,032
566, 395
419, 272
76,798
31,464
862,272
29,203
6,578
5,826
5,377
5,214
3,919
1,886
259
144
5,476
78, 910
5,976
6,162
7,589
11,967
9,294
11, 920
7,563
18,339
31,702
16,568
14, 101
2,723
2,852
2,396
2,564
2,191
1,109
197
69
17, 741
2,542
3,725
53,718
28,933
6,001
9,643
2,147
115
361
450
1,003
149
69
239
289
210
43
1
15,338
1,506
2,325
3,116
7,206
1,038
197
2,353
2,163
340
360
525
512
359
54
2
1
2,705
133
245
814
808
520
159
16
10
1,020
23,028
6,093
6,433
5,231
2,972
1,948
338
7
1
6,455
41,233
5,737
8,641
7,053
7,354
8,927
3,339
174
22,639
6,020
6,354
5,156
2,853
1,901
337
7
1
6,344
^59, 629
68,997
112,592
93, 023
69,215
31,122
32,995
1,474
206
183,964
1,753
12,452
1,399
2,334
23,164
1,577
585
57
376
(M
(M
10,469
3,998
3,069
415
2,937
(M
5,757
5,549
94
341
394
830
1,246
1,694
339
61
1,203
7,571
7,300
1,170
633
1,763
2,466
855
403
2,418
2,332
1,777
385
153
16
(M
1,205
1,017
127
133
171
204
245
125
10
1
1,244
1,104
228
374
273
45
(M
42,080
34,478
538
2,560
2,465
4,556
9,127
10, 659
4,102
371
7,602
59,480
55, 592
9,498
5,276
15,224
13,094
5,745
1,754
3,888
13,778
13,125
U,228
1,155
639
104
(1)
1,291
222
205
215
126
16
3
2,163
1'
1,397
275
210
370
550
423
56
2
(')
560
101
42
3,233
2,270
258
168
319
353
548
97
12
212
304
723
1,214
1,510
323
34
2,481
1,494
1,378
1,271
(M
1,325
311
186
163
255
274
117
10
4
1,009
10,017
721
623
119
2,009
1,312
4,160
720
348
13,147
7,263
43,657
6,359
702
779
1,067
2,010
1,342
430
25
5,372
711
752
994
1,624
1,130
609
47
5
1,106
2,737
2,394
21, 703
938
726
776
5,367
8,415
3,181
1,849
450
21,954
23, 826
17,902
822
800
1,335
3,708
6,438
3,435
1,138
225
211, 831
1,313
311
186
163
255
267
112
10
4
7,104
6,207
598
740
1,040
1,981
1,303
417
25
3
6,358
5,768
590
731
974
1,616
1,110
597
45
5
115, 278
8,223
4,993
5,107
17,762
25,416
39,713
8,555
5,504
95,553
267,497
217, 267
6,912
8,963
16,898
43, 302
67, 375
56,442
14,702
2,672
50,230
280, 793
13,887
12,339
851
1,195
992
2,902
2,596
3,501
302
1,543
1,100
2,355
357
485
433
693
273
231,584
8,543
13,242
16, 169
47,523
65,251
65,930
11,281
2,545
49,109
4,676
1,429
1,500
394
495
254
91
3
1,325
2,161
1,349
269
181
424
518
284
132
26
15
7,136
1,370
72
1,245
2,155
717
1,502
75
2,507
7,684
5,305
361
187
2,050
2,379
2,799
2,305
556
802
476
263
168
38
3
303
135
34,292
2,143
93,134
10,435
10,493
3,477
25,706
16,524
17,398
3,951
1,823
327
156
257
354
393
306
24
5
19,398
649
261
307
1,334
817
977
934
14,049
4,755
4,507
340
156
455
1,726
510
347
1,203
1,003
844
135
258
158
(')
959
165
155
205
203
203
23
330
(M
Footnote at end of table. See tert for eitplanatory statements and "Description of the Sample and Limitations of the Data."
737,538
52,797
67,171
53,945
U3,239
179, 778
127, 752
53, 959
83,897
227,465
113,524
80,682
10, 891
15,301
12,840
13,532
13,524
3,337
1,257
32,842
102, 597
44,691
9,246
1,459
20, 652
39,425
1,745
2,688
8,102
33, 520
27,135
7,123
9,112
{')
135, 253
113,535
6,133
7,805
18, 983
21,759
42,737
9,160
7,053
21, 628
12,935
11,335
8,592
2,543
(')
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE PARTNERSHIPS
Table 25.— NUMBER OF PARTNERSHIPS, DEPRECIATION, AND COST OF RELATED ASSETS, BY INDUSTRIAL DIVISION, DEPRECIATION METHOD AND
SIZE OF NET PROFIT— Continued
Industrial division and size of
net profit
Total
number
of active
partner-
ships
Number of
partner-
ships
without
depreci-
ation
Depreciation
Number
of part-
nerships
Amount
claimed
(Thoutmtd
dotUrm)
Reporting coat of
related assets
Number
of part-
nershipf
(Tbouaand
dot Ur»)
Partnerships with depreciation
Straight line method
Depreciation
Number
of part-
nerships
Amount
claimed
(7houm»nd
dollar mi
Reporting cost of
related assets
Number
of part-
nerships
dolloro)
Declining balance method
Depreciation
Number
of part-
nerships
Amount
claimed
(Thauaond
dollarw)
Reporting cost of
related assets
Number
of part-
nerships
(Thotmond
dotlmroi
WHOLESALE AND RETAIL TRADE
Total.
Partnerships with net profit, total.
Under $2,000
^Z, 000 under $5, 000
$5, 000 under .plO, 000
S10,000 under :p20,000
$20,000 under $50, 000
;^50,000 under $200,000..
:f 200, 000 under $500,000.
4.500, 000 or more
Partnerships without net profit, total...
Wholesale Trade
Total.
Partnerships witb net profit, total.
Under $2, OOO
*2,000 under ;p5,000
$5,000 under +10,000
$10, 000 under $20, 000
$20,000 under $50,000
$50, 000 under *200, 000. .
$200,000 under $500,000.
$500,000 or more
Partnerships without net profit, total.
Retail Trade
Total.
Partnerships with net profit, total.
Under $2, 000
+2, 000 under $5, 000
$5, 000 under $10, 000
$10, 000 under $20, 000
$20,000 under $50,000...
$50,000 under $200,000..
»200,000 under $500,000.
$500,000 or more
Partnerships without net profit, total.
Wholesale and Retail Trade not Allocable
Total
Partnerships with net profit, total.
Under $2, 000
$2, 000 under 4.5, 000
$5,000 under $10,000....
$10,000 under +20,000...
+20,000 under $50,000...
$50,000 under $200,000..
$200,000 under $500,000.
$500,000 or more
Partnerships without net profit, total. .
FINANCE, INSURANCE, AND REAL ESTATE
Total
Partnerships with net profit, total
Under $2,000
+2,000 under +5,000
$5,000 under +10,000
+10,000 under +20,000...
$20,000 under +50,000...
$50,000 under +200,000..
$200,000 under +500,000.
$500, 000 or more
Partnerships without net profit, total..,
Partnerships with net profit, total.
Under $2,000
y2,000 under $5,000...
.^5,000 under +10,000..
$10,000 under +20,000.
+20,000 under +50,000.
$50,000 under +200,000
+200,000 under $500,000
+500, 000 or more
Partnerships without net profit, total...
NATURE OF BUSINEE NOT ALLOCABLE
(1)
303, 822
253, 24i
51,379
53, 27^
62,946
53, 379
26, 897
5,164
183
22
50, 578
50,456
42, 017
6,547
6,542
8,283
9,084
8,792
2,628
126
15
241, 170
200,611
43,221
44., 973
52,086
41,598
16,493
2,183
50
7
40, 559
12, 196
10, 616
1,611
1,759
2,577
2,697
1,612
353
185, 173
137,648
60, 895
29, 396
19, 579
14,379
9,548
3,284
395
172
47, 525
134, 4S7
25,602
24,463
25,346
23, 024
20,851
13,947
1,004
250
26, Oil
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(IIJ
(12,
47, 191
256, 631
434,626
252, 230
4, 904, 821
306, 306
221, 609
3,574,261
46,793
357,913
34,989
13,533
9,463
6,905
3,278
1,500
299
9
2
12, 202
218, 256
37,846
43,811
56,041
50, 101
25,397
4,865
174
20
38, 376
383, 803
28,440
44,576
71,975
98, 182
92,348
42,062
4,609
1,611
51,023
215,768
37,790
43, 337
55,058
49,127
25, 397
4,865
174
20
36,462
4,353,483
369, 571
510, 631
809, 914
1, 091, 055
1,034,945
452,813
62,234
22, 320
551,338
1, 154, 598
191,801
33,856
38,357
48,897
43,823
22,124
4,559
169
16
33,531
272, 203
23,151
35, 170
55,920
69,443
61,469
24,361
2,386
303
70, 942
191,063
33,589
38,248
48,861
43,642
22,007
4,531
169
16
3,157,837
293, 772
406,737
637, 606
809, 177
713, 146
265,943
27,304
4,152
20, 367
1,917
2,614
3,916
5,625
4,585
1,594
106
10
2,398
42, 355
1,461
3,017
5,151
10,029
12,357
9,230
910
200
4,438
20,133
1,906
2,614
3,887
5,528
4,508
1,575
105
10
2,376
5,784
321, 288
17,316
23,661
38,975
78,341
91,496
62, SIS
7,306
1,675
36,625
118, 192
8,401
2,983
1,950
1,634
895
672
263
3
1
34,438
33, 616
3,564
4,592
6,649
8,189
8,120
2,365
123
14
206,732
98, 269
3,721
6,764
11, 194
20, 654
32, 245
19,901
3,046
744
13,564
295, 728
33, 535
3,564
4,556
6,624
8,169
8,120
2,365
123
14
5,556
202,695
1,024,444
47,150
67,330
Ul,034
193,464
334, 781
215, 500
42, 726
12,459
3, 450, 659
29,057
3,201
3,720
5,629
7,086
7,068
2,219
120
14
4,474
62, 675
2,720
5,162
8,156
13, 187
20,447
11, 177
1,558
268
8,267
217, 779
28, 983
3,168
3,701
5,624
7,085
7,065
2,206
120
14
179, 369
638,000
34,670
46,962
84,135
127,638
208, 518
116,372
16, 175
3,530
88,129
2,649,8U
5,292
199
446
682
1,327
1,684
869
77
15,822
15,808
334
560
1,015
2,864
5,214
4,980
679
162
5,223
198
446
658
1,303
1,668
865
77
107,373
4,791
4,218
7,536
19,328
34,944
29,905
5,568
1,083
25,337
10, 165
7,209
4,910
2,272
743
31
6
1,526
175, 274
33,056
37,764
47, 176
39,326
15,750
2,152
44
6
31,458
10, 670
260, 770
23,596
35,813
56, 312
70, 978
53,286
18, 553
1,365
867
34,958
27,265
173,091
33,056
37,349
46, 225
38, 509
15,750
2,152
44
6
29,604
10,444
3,055,685
311, 128
423, 667
642, 751
830, 250
616, 153
204, 267
17,608
9,861
394,974
299,464
154, 850
29, 609
33, 368
41,423
34,572
13,773
2,059
44
2
25, 235
8,850
193, 277
19,627
28,546
44,752
51,834
36,684
11,040
759
35
17, 585
154,235
29,393
33,299
41, 392
34,393
13,667
2,045
44
2
25,134
8,801
2,336,718
250,021
344,434
514,440
633,494
453, 963
129,656
10,088
622
313,093
198, 321
14,096
1,646
2,049
3,032
4,046
2,656
640
25
2
1,726
1,089
24,108
1,064
2,256
3,915
6,674
6,310
3,656
195
38
2,905
2,787
13,942
1,637
2,049
3,027
3,974
2,602
626
25
2
1,705
1,078
197,546
12,155
17,616
29,905
55,604
51,481
28,671
1,522
592
23,919
18, 256
1,251
385
304
472
85
5
9,365
1,226
1,455
2,216
2,586
1,527
348
7
1,305
24,764
1,123
1,999
4,469
6,550
6,817
3,608
198
9,142
1,170
1,432
2,209
2,449
1,527
348
7
1,302
273, 354
U,293
19,634
56,129
67,341
84,011
33,046
1,900
7,894
1,046
1,269
1,845
2,165
1,283
281
5
16, 251
804
1,462
3,012
4,422
4,338
2,144
69
7,845
1,028
1,248
1,845
2,164
1,275
280
5
183, U9
9,081
15,341
39,031
48,045
50, 665
19,915
1,041
979
202
252
245
(M
2,439
264
221
491
833
594
36
(')
968
202
251
238
84
3
(')
16,369
2,197
1,534
3,409
5,071
3,942
216
(M
48, 320
136,853
444,978
133, 178
263, 104
5, 577, 184
17, 854
2, 527, 220
35, 655
18, 601
6,621
4,384
2,885
2,037
920
159
48
101, 993
42, 294
22,775
15,195
U,494
7,511
2,364
236
124
294, 384
50, 456
47,534
51,706
54,054
43, 186
32,473
4,414
10, 561
150,594
100, 401
42, 228
22, 363
14, 731
11,022
7,336
2,364
233
124
6, 803, 842
1,228,451
1, 081, 944
1, 117, 572
1, 130, 648
810, 832
1,047,155
111, 010
276, 230
83,131
35,615
18,155
11, 631
9,200
6,244
1,981
183
122
26,244
198, 190
40,133
33, 915
35,967
33,051
26,106
20,812
2,585
5,620
64,914
82,842
35, 556
18,155
11, 590
9,101
6,180
1,963
179
118
902, 101
753,927
699,832
668,749
488,069
531,947
73,750
212, 637
12,133
3,161
2,680
2,628
1,775
1,220
582
47
40
72, 256
8,657
10,441
12,153
16,644
13,206
7,648
975
2,532
12,061
3,161
2,661
2,628
1,775
1,175
577
46
38
5,793
1,465,146
140,463
168,677
221,872
284,234
205,274
419, 108
15,609
9,909
1,062,074
28,754
328,465
129,349
3, 582, 251
170, 830
111,926
2, 380, 283
17,033
59, 258
16,845
24,094
6,868
4,555
4,146
3,477
2,985
1,774
169
20
110, 393
18,734
19, 808
21,200
19, 547
17,866
12, 173
835
230
252,631
22,024
29,554
35,588
46, 597
52,264
48,310
12,403
5,881
108,872
18,734
19,469
21, 106
19, 115
17,491
11,926
817
214
2,778,436
307,014
389,048
400, 871
531,658
536, 075
475,728
75,005
63,037
803,825
95,489
16,477
17,434
18, 701
16,797
15, 225
10,029
661
165
137, 175
14,281
18,603
22, 276
27,059
26, 376
21,986
3,007
3,587
33, 655
95, 181
16,397
17,434
18,640
16, 795
15,100
10, Oil
648
156
16,745
1, 903, 385
222,516
296,464
285, 996
368,706
343,445
311,125
35,687
39,446
476,898
14,360
1,381
1,535
2,107
2,746
3,356
2,958
230
47
2,673
41,244
3,088
3,431
5,328
7,444
8,681
11, 195
1,290
787
14, 191
1,361
1,535
2,068
2,685
3,355
2,921
220
46
335,918
28,853
26,650
46,029
68,936
67,133
61,777
8,995
5,545
166,742
9,830 5,655
6,476
4,954
70, 240
238
6,275
Footnote at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
ACTIVE PARTNERSHIPS
99
Table 25.— NUMBER OF PARTNERSHIPS, DEPRECIATION, AND COST OF RELATED ASSETS, BY INDUSTRIAL DIVISION, DEPRECIATION METHOD AND
SIZE OF NET PROFIT— Continued
Industrial division and size of
net profit
Number
of part-
nerships
Partnerships with depreciation — Continued
Sum of the years-digits method
Depreciation
Amount
claimed
(Thouaand
dollmrs)
Reporting cost of
related assets
Number
of part-
nerships
(ThouMmnd
dollar*)
Additional first-
year depreciation
Number
of part-
nerships
Amount
claimed
(Thoaamd
doUara)
Other methods of depreciation
Depreciation
Number
of part-
nerships
Amount
claimed
f Thousand
dollar a)
Reporting cost of
related assets
Number
of part-
nerships
(Thouaand
dollmrm)
Method of depreciation not described
Depreciation
Number
of part-
nerships
Amount
claimed
(Thouaand
do liar a)
Reporting cost of
related assets
Number
of part-
nerships
(Thouaand
do liar a)
WHOLESALE AND RETAIL TRADE
Total
(13)
Partnerships with net profit, total.
Under $2,000
4)2,000 under Ji5,000
4.5,000 under 4^10,000
^10,000 under ;^20, 000...
.p20, 000 under 4,50,000...
$50, 000 under $200, 000. .
$200,000 under $500,000.
$500,000 or more
4,283
421
356
593
1,034
1,247
540
39
Partnerships without net profit, total.
Wholesale Trade
Partnerships with net profit, total.
Under $2, 000
4>2, 000 under $5, 000
$5, 000 under $10, 000. ...
$10,000 under $20,000
$20,000 under $50,000
$50,000 under $200,000..
$200, 000 under $500, 000.
$500, 000 or more
Partnerships without net profit, total..
Retail Trade
Total
Partnerships with net profit, total
199
443
284
29
3,337
Under $2,000
$2, 000 under $5, 000
$5, 000 under $10, 000
$10,000 under $20,000
$20,000 under $50,000...
4,50,000 under $200,000..
j,200,000 under $500,000.
$500, 000 or more
Partnerships without net profit, total..
Wholesale and Retail Trade not Allocable
2,917
376
293
479
809
717
1
420
Partnerships with net profit, total.
Under $2, 000
$2,000 under $5,000
$5,000 under $10,000....
$10,000 under $20,000...
$20,000 under $50,000...
$50,000 under $200,000.,
$200,000 under $500,000.
$500, 000 or more
Partnerships without net profit, total. .
FINANCE, INSURANCE, AND REAL ESTATE
Total
Partnerships with net profit, total.
Under $2, 000
$2,000 under $5,000
$5,000 under $10,000
$10,000 under $20,000
$20,000 under $50,000...
$50,000 under $200,000..
$200,000 under $500,000.
$500, 000 or more
I^rtnerships without net profit, total.
SERVICES
Total
Partnerships with net profit, total. . . .
Under +2, 000
4,2, 000 under $5, 000
jj5, 000 under $10,000
$10,000 under $20,000
$20,000 under +50,000...
4,50,000 under $200,000..
$200,000 under $500,000.
$500, 000 or more
Partnerships without net profit, total.
NAITOE OF BUSBUES NOT ALLOCABLE
2,986
2,423
496
381
378
578
301
215
37
37
3,399
317
359
397
631
610
609
54
22
(16)
(17)
vl8)
(19j
(20)
121)
(22)
(23)
(24)
(25)
(26,
(27)
4,665
7,388
37,411
55, 408
708,070
12,204
5,749
8,753
220
412
832
1,64«
2,902
2,492
245
2
838
4,212
421
331
593
1,081
1,213
534
38
1
453
71, 933
2,219
3,011
8,080
14,344
21, 507
21,448
1,311
13
5,321
694
723
872
1,403
1,154
446
26
3
1,351
5,973
554
685
725
1,465
1,525
931
1,415
2,210
,748
,717
,632
,769
,265
,248
53
3
45, 979
2,394
4,319
7,642
13,804
12, 635
4,327
572
286
15,910
31, 986
4,665
5,659
7,555
7,673
5,152
1,226
53
3
4,841
6,523
638,840
47,016
61,791
105,732
166, 660
166,484
77, 585
11, 212
2,360
69, 230
202, 236
10,704
1,682
2,043
2,397
2,406
1,735
368
65
8
1,500
8,540
660
973
1,705
1,793
1,460
721
430
798
2,375
5,035
689
974
1,079
1,065
974
239
57
1,348
3,213
262
1,121
1,441
108
(M
5,463
199
440
231
29
(')
1,354
2,046
8,324
12, 603
467
(1)
1,146
236
375
211
16
2
4,615
1,900
317
696
472
38
14
4,899
5,736
519
345
922
1,419
1,482
559
40
28, 638
12, 685
555
588
1,622
3,834
4,073
1,645
368
3,225
5,658
499
324
921
1,393
1,435
546
40
28, 201
184, 621
5,638
12, 743
13,815
33, 666
64,016
42,774
6,969
17,665
438,437
148
375
400
420
662
6
237
9,129
1,988
15
102
206
190
694
186
295
300
6,523
1,234
200
206
395
111
49
4,073
5,043
180
275
699
1,312
1,547
927
101
2
376
287
479
806
636
231
9
1
42,677
1,623
2,353
7,134
11, 925
10, 850
7,935
344
13
4,685
3,840
635
489
747
1,071
639
199
9
1
3,794
493
440
611
1,032
771
365
24
24,846
4,082
4,705
6,248
5,880
3,328
590
3
3,792
2,121
28,406
1,631
3,487
4,897
8,617
7,279
2,050
159
286
24, 543
4,019
4,673
6,172
5,321
3,263
582
10
3,658
2,103
393, 524
40,041
47, 762
77,483
IIJ, 935
80, 206
28, 050
3,682
2,360
44,913
7,910
1,494
1,587
1,842
1,834
994
149
2
1,219
6,142
601
809
1,433
1,459
695
515
127
498
3,525
600
724
796
782
513
101
7
2
3,957
3,052
124
36
208
244
1,123
1,353
1,283
632
45
1,785
147
162
462
459
454
98
3
60, 695
1,337
1,286
14,429
14,059
22, 262
6,761
561
16,425
2,955
242, 675
1,301
3,259
10,699
12, 422
885
826
716
2,392
495
361
378
578
301
209
35
35
165, 987
13,535
20,105
28, 627
33,951
30,330
18,422
3,965
17,002
76,688
1,417
218
203
237
230
347
125
33
24
2,230
364
356
331
382
286
154
92
315
14, 550
5,399
3,464
2,413
1,487
1,256
465
15
4,348
6,194
342
335
1,327
920
984
1,412
181
193
3,304
3,385
87,356
18, 749
7,625
753
618
916
1,034
1,871
1,592
296
545
1,179
2,935
317
358
397
631
605
609
48
20
78,492
9,846
6,287
3,149
8,932
15,947
22,784
2,760
3,787
8,864
4,015
367
434
610
334
924
709
101
5,794
366
760
521
1,017
1,419
1,387
227
97
1,099
15, 650
2,374
2,370
2,623
2,611
2,932
2,479
205
56
3,099
31,433
1,450
3,091
3,127
5,617
9,384
6,199
2,324
291
139
1,411
(M
(')
(M
18, 280
3,253
2,582
14, 070
5,241
3,345
2,319
1,463
1,197
445
45
15
698,327
155, 060
116, 862
161, 758
106, 577
60, 694
75,334
10,931
11,061
273, 323
4,391
1,620
915
539
656
360
191
52
53
3,042
75
160
212
257
1,267
420
143
503
2,146
751
514
237
284
202
110
26
22
18,356
497, 793
5,017
39,394
15,347
2,296
2,330
2,603
2,530
2,932
2,412
193
51
3,009
374, 528
40,700
50, 573
53,723
73,356
82,700
51,768
14, 692
7,016
4,395
718
735
737
596
805
672
81
51
622
29,310
2,036
3,061
3,420
4,426
4,533
5,951
5,259
574
2,203
317
234
322
346
430
424
59
21
727
^No reliable estimate of the sampling variability can be obtained from the sample.
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data."
BASIC TABLES
CORPORATIONS-
Page
26. Number of returns, total compiled receipts, business receipts,
depreciation, net income, inventory, and total assets, by
selected industries 102
27. Number of returns, total compiled receipts, business receipts,
net income, inventory, and total assets, by industrial di-
vision and size of business receipts 104
28. Number of returns, total compiled receipts, business receipts,
net income or deficit, depreciation, inventory, and total
assets, by industrial division and size of net income or
deficit 107
29 . Number of returns , total compiled receipts, business receipts ,
net income, depreciation, depreciable assets, total assets,
and inventory, by industrial division and size of total
assets 110
30. Number of returns, business receipts, total assets, and in-
ventories for manufacturing and wholesale and retail trade,
by returns with and without inventory data 115
31. Depreciation methods used on returns of 912 large corpora-
tions, 1959-60 and 1958-59, by manufacturing and nonmanu-
f acturing industries 116
SMALL BUSINESS CORPORATION RETURNS, FORM 1120-S
32. Balance sheet and income statement items, by selected indus-
tries 117
33. Number of returns, net income or deficit, and total assets,
by year of incorporation and industrial division 123
34. Balance sheet and income statement items, by size of total
assets 124
101
102
ACTIVE CCWPORATIONS
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
Table 26.— NUMBER OF RETURNS
TOTAL COMPILED RECEIPTS, BUSINESS RECEIPTS, DEPRECIATION, NET INCOME,
BY SELECTED INDUSTRIES
INVENTORY, AND TOTAL ASSETS,
Returns with and without net income
All active corporation returns
Number of
returns
Total
conpiled
receipts
(Thou»»nd
doUmrm)
Business
receipts
(Thou»»*td
dollmrt)
Depreci-
ation
(Thouumttd
dollmra)
Net income
{ less
deficit)
(Thou»»nd
dollmra)
Inventory,
end -of -year
(Thousand
dollmrm)
Total assets
(Thoummnd
dotlmrm)
Form 1120-^ retuma
Number of
returns
Net inccote
(less
deficit)
(Thouamni
doltmrm)
(1)
(2)
(3)
U)
(5)
(6)
(7)
(8)
(9)
All Industries
Agriculture, forestry, and fisheries
Uining
Uetal mining
Bituminous coal and lignite mining
Crude petroleum and natural gas
Mining and quarrying of nonmetallic minerals, and anthracite mining
Construction
Manufacturing
Beverage industries
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other finished products nfide from fabrics and similar. .
materials
Lumber and wood products, except f^Imiture
Furniture and fixtures
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Petroleum refining and related industries
Rubber and miscellaneous plastics products
Leather and leather products
Stone, clay, and glass products
Primary metal industries
Fabricated metal products { including ordnance) , except machinery
and transportation equipment
Machinery, except electrical and transportation equipment
Electrical machinery, equipment, and supplies
Transportation equipment, except motor vehicles
Motor vehicles and motor vehicle equipment
Professional, scientific, and controlling instruments; photographic
and optical goods ; watches and clocks
Other manufacturing industries
Transportation, coDmninication, electric, gas, and sanitary services. .
Transportation
Communication
Electric and gas companies and systems
Water supply and other sanitary services
Wholesale and retail trade
Wholesale trade
Groceries and related products
Electrical goods, hardware and plumbing and heating equipment and
supplies
Other wholesalers
Retail trade
Food
General merchandise
Apparel and accessories
Furniture, home furnishings, and eqijipment
Automotive dealers
Gasoline service stations
Eating and drinking places
Building materials, hardware, and fatm equipnent
Other retail stores
Wholesale and retail trade not allocable
Finance, insurance, and real estate
Banking
Credit agencies other than banks
Holding and other investment companies
Security and comroodity brokers, dealers, exchanges, and services...
Insurance carriers
Insurance agents, brokers, and service
Real estate
Services
Hotels, rooming houses, camps, and other lodging places
Personal services
Business services
Automobile repair services, and garages and other repair services..
Motion pictures
Amusement and recreation services, except motion pictures
Other services
Nature of business not allocable
1, 07i, 120
816,799,884
772,914,545
20,493,626
46, 797, 267
1, 136, 667, 759
71,140
15,603
12,920
1,099
1,961
6,673
3,187
66, 260
156, 297
2,941
15, 530
204
5,706
16, 287
7,963
5,832
3,236
18,706
8,226
828
3,932
2,7U
6,884
3,655
14,690
16,275
6,593
2,076
1,292
2,730
10,000
43, 195
32,454
5,894
1,112
3,735
334,717
109, 648
12,870
11,613
85, 165
199, 624
14,009
13,153
24,138
20,099
30,045
5,636
28, 826
21,485
42, 233
25,445
318, 592
15, 182
45, 505
10, 350
2,848
3,904
15,931
224, 672
110,005
U,890
20,109
29,122
17, 463
6,712
11,890
12,819
3,837,620
10, 354, 855
1, 873, 814
1,951,445
4, 676, 119
1,853,477
32,140,410
363, 157, 167
8, 307, 678
50, 479, 312
4, 835, 840
14, 360, 098
11,9077200
7,517,284
5, 002, 234
11, 845, 655
12, 567, 293
26,699,483
37,592,756
7,842,427
3, 936, 069
10, 763, 574
27, 522, 119
18,963,602
25,383,611
22,763,762
16,578,046
24,644,023
6,293,363
7,351,738
62, 308, 546
29, 992, 244
14, 025, 643
17, 825, 023
465,636
256,647,744
125,702,917
22, 578, 714
11, 861, 307
91,262,896
120,151,714
28,477,337
24, 115, 381
7, 906, 904
5,762,081
28, 115, 966
1,545,445
5,008,636
7,629,129
11,590,835
10, 793, 113
65, 911, 758
11, 611, 198
7, 109, 809
2, 161, 024
791, 235
33, 853, 172
1, 375, 166
9,010,154
22,227,256
2,666,669
3,027,059
7, 660, 078
2,225,156
2, 552, 183
1, 824, 206
2, 271, 905
3, 676, 501
9,896,963
1,791,980
1, 884, 238
4,450,769
1,769,976
31, 681, 534
356, 972, 649
8,215,474
50,112,468
4, 817, 872
14, 196, 673
11, 843, 834
7, 193, 236
4,945,371
U, 579, 374
12, 238, 036
26, 065, 022
36,004,654
7,737,607
3, 907, 359
10, 581, 391
27,194,223
18,712,082
24,938,517
22,500,260
16,465,594
24,273,354
6,200,826
7,249,222
60, 609, 006
28,743,486
13,822,664
17, 602, 025
440, 831
252, 667, 764
124, 124, 376
22,365,266
11,726,810
90,030,300
116, 156, 300
26, 302, 003
23,656,304
7,716,537
5, 464, 531
27,709,218
1, 522, 896
4,922,001
7,488,628
11, 354, 182
10,587,088
36,062,139
1,581,218
2,145,671
123,657
220,514
27,993,781
1,304,380
2,692,918
20, 954, 310
2, 234, 182
2, 987, 765
7, 370, 201
2,082,462
2, 367, 180
1,705,121
2, 207, 399
193, 679
164,480
691, 008
100, 805
115,695
347,529
126, 979
602, 495
9, 227, 824
189, 570
741,033
35,096
307, 802
79,586
195,469
71,504
427, 241
259, 188
1, 102, 299
1, 328, 949
202, 975
38,451
421, 108
945, 500
415,895
820,815
434,782
215,114
693,852
160,584
141,011
4, 808, 187
1, 806, 084
985, 371
1, 968, 327
46,405
1,969,449
647,160
94,128
47, 996
505, 056
1, 206, 265
263, 506
305,782
76, 350
47,210
136,507
20, 312
131,645
78,270
148,683
114,004
1, 763, 098
252,891
86,254
12,531
7,194
158,444
21,127
1, 224, 657
1,259,953
207, 679
129,780
314, 602
328, 257
104, 180
128, 248
47,207
7,132
105, 884
645,674
82,989
30, 572
449,604
82,709
579, 108
24, 985, 884
500, 155
1, 744, 403
547,234
700,944
263, 102
427, 573
207,155
1, 125, 589
930, 559
3,463,737
1, 662, 866
534, 523
146, 278
1, 087, 510
2, 195, U5
1,082,427
2,165,130
1,708,978
477,474
2,981,808
641,177
372,145
6, 790, 796
1, 224, 668
2, 665, 464
2, 612, 153
68,311
5, 567, 128
2, 562, 627
205, 558
258, 592
2,098,677
2, 762, 684
531,482
1, 245, 142
182, 858
77,311
207,440
30, 326
87, 992
145, 505
254, 826
241, 417
7,152,612
1, 713, 040
777, 957
1, 611, 745
123,686
1, 576, 923
129, 707
1, 219, 552
968,252
59,777
103, 085
413, 140
95, 555
104, 710
92,228
99, 757
1,729
434, 399
882, 593
245,465
67, 261
363,200
186, 647
1, 561, 519
54,798,833
1, 294, 553
4,219,545
2,458,927
2, 536, 652
1,063,028
721, 055
1, 397, 097
953, 126
3,890,493
3, 241, 845
1,310,409
627,798
1,332,475
5,051,268
3,229,107
5,959,678
3,983,710
3,837,825
3,382,363
1,343,802
1,252,439
3,006,901
656, 267
787,629
1, 344, 797
18,188
26, 704, 284
11,774,899
1, 151,41B
1, 641, 454
8,982,027
13, 669, 677
1,631,699
3,581,635
1, 390, 708
955,953
2,714,411
64,084
132,938
1,471,292
1, 726, 957
806,603
56,315
103, 104
136,016
95,888
356, 834
19, 195
39,251
12,672
3, 586, 542
16, 039, 390
4, 211, 305
2, 324, 610
7,146,456
2, 356, 819
14, 221, 541
252, 134, 247
5, 248, 563
18,010,406
3, 306, 120
8, 929, 065
4, 507, 669
5, 333, 283
2,449,833
9,977,017
8, 146,482
23, 202, 242
39,748,483
4,906,503
1,843,319
8,713,029
26, 282, 013
11,772,597
20,137,931
14,300,144
9,694,529
16,561,217
4,545,251
4,516,551
137, 319, 136
47, 448, 474
28, 533, 965
59, 357, 594
1, 979, 103
67, 556, 508
40, 986, 698
3, 974, 427
4,417,646
32,596,625
42,081,879
5,165,868
12, 526, U4
3,523,553
3,204,448
6, 363, 926
441,652
1, 771, 152
3,830,454
5,234,712
4,485,731
606, 824, 809
287,861,462
98,368,498
22, 560, 815
3,750,090
143,939,035
1, 813, 893
48, 531, 016
18, 354, 967
3, 951, 205
1,677,391
4, 908, 831
1,968,667
2,624,403
1,739,002
1, 285, 468
1,485
832
(')
141
434
244
6,137
11,849
242
983
(')
379
1,805
620
475
238
1,699
455
(')
258
324
520
210
1,092
917
421
136
45
173
818
2,510
1,663
378
(')
214
31, 616
9,182
1,274
1,010
6,896
20,310
1,367
1,100
2,475
2,295
2,959
621
2,450
2,328
4,715
2,124
7,480
99
617
109
(')
1,504
5,104
8,652
910
2,183
1,978
1,352
444
930
855
395,299
'4,838
261
(')
841
3,326
896
33,777
107,795
5,895
14,125
(')
4,008
10,358
16, 288
753
2,123
8,840
5,108
(^)
658
1,436
4,342
3,671
12,184
13,215
'2,240
'23
102
2,929
4,115
16,538
9,216
3,298
(')
3,893
154,724
72,034
9,877
8,034
54,123
67,607
5,766
4,609
2,089
4,939
8,145
3,048
5,356
14,660
18,995
15,083
58,675
7
6,198
(')
2,643
(')
9,293
38,787
28,430
'5,076
7,506
9,208
3,864
1,480
6,768
4,680
=63
Footnotee at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the EBta.
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
103
ACTIVE CORPORATIONS
Table 26.— NUMBER OF RETURNS, TOTAL COMPILED RECEIPTS, BUSINESS RECEIPTS, DEPRECIATION, NET INCOME, INVENTORY, AND TOTAL ASSETS,
BY SELECTED INDUSTRIES— Continued
Returns with net income
All active corporation returns
Number of
returns
Total
compiled
receipts
(Thouaand
dollara)
Business
receipts
( Thauaand
dollara)
Depreci-
ation
(Thouaand
dollara)
(Thouaand
dollara)
Inventory,
end-of-year^
(Thouaand
dollara)
Total assets
(Thouaand
dollara)
Form 1120-S retumfl
NujDber of
returns
(Thouaartd
dollara)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
All industries.
Agriculture, forestry, and fisheries
Mining
Metal mining
Bituminous coal and lignite mining
Crude petroleum and natural gas
Mining and quarrying of nonmetallic minerals^ and anthracite mining.
Construction
Manufacturing
Beverage industries
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other finished products made from fabrics and similar
materials
Lumber and wood products, except furniture. .
Furniture and fixtures
feper and allied products
Printing, publishing, and allied industries.
Chemicals and allied products
Petroleum refining and related industries. . .
Rubber and miscellaneous plastics products
Leather and leather products
Stone, clay, end glass products
Primary metal industries
Fabricated metal products ( including ordnance) , except machinery and
transportation equipment
Machinery, except electrical and transportation equifanent
Electrical machinery, equipment, and supplies
Transportation equipment, except motor vehicles
Motor vehicles and motor vehicle equipment
Professional, scientific, and controlling instruments; photographic
and optical goods; watches and clocks
Other manufacturing industries
Transportation, communication, electric, gas, and sanitary services. ,
Transportation
Communication
Electric and gas companies and systems
Water supply and other sanitary services
Wholesale and retail trade
Wholesale trade
Groceries and related products
Electrical goods, hardware, and plumbing and heating equlpnent and
supplies
Other wholesalers
Retail trade
Food
General merchandise
Apparel and accessories
Furniture, home furnishings and equipment.
Automotive dealers
Gasoline service stations
Eating and drinking places
Building materials, hardware, and farm equipment.
Other retail stores
Wholesale and retail trade not allocable.
Finance, insurance, and real estate
Banking
Credit agencies other than banks
Holding and other investment companies
Security and commodity brokers, dealers, exchanges, and services.
Insurance carriers
Insurance agents, brokers, and service.
Real estate
Hotels, rooming houses, camps, and other lodging places
Personal services
Business services
Automobile repair services, and garages and other repair services.
Motion pictures
Amusement and recreation services, except motion pictures
Other services
670, 581
719,416,050
682, 186, 185
17, 592, 186
51, 651, 374
78,128,460
978, 345, 823
Nature of business not allocable.
8,505
6,175
267
905
3,261
1,742
38,438
102, 799
2,146
9,974
170
4,019
10,085
5,105
3,777
2,408
12.237
5,516
664
2,450
2,094
4,631
2,558
10, 179
10,827
4,236
1,154
942
1,765
5,862
26, 832
20, 332
3,692
849
1,959
78, 958
8,709
8,664
61, 585
123, 795
8,079
8,486
16, 206
12,005
18,885
3,430
14, 106
14, 583
28,015
15,104
204,761
14,132
26,510
7,110
1,643
2,650
10,394
142,322
61, 754
5,434
11,918
17,513
10,827
3,287
5,496
7,279
3,460
2, 964, 723
8, 265, 643
1,654,634
1, 314, 464
3, 803, 239
1,493,306
25,047,786
330, 069, 833
7, 525, 815
43, 152, 926
4,821,823
13, 304, 312
10, 218, 635
6, 516, 517
4, 221, 951
11, 219, 296
11, 515, 954
25, 891, 371
34, 387, 773
7,448,297
3,532,412
9, 999, 181
26,426,033
16, 768, 103
22,842,644
21,624,487
13,759,546
21, 941, 013
6,063,807
6, 387, 937
53,904,887
22,113,651
13,843,736
17, 531, 872
415, 628
223,361,735
110,986,419
18, 801, 561
10,821,435
81,363,423
103, 008, 332
26, 094, 428
22,935,080
6,639,757
4,322,476
22, 145, 103
1, 241, 925
3,677,463
6,436,662
9,515,438
9, 366, 984
57, 678, 675
10,935,068
4, 090, 894
2, 077, 855
728, 834
31, 600, 379
1, 124, 107
7, 121, 538
17,980,731
1, 886, 354
2,435,323
6, 676, 214
1, 742, 506
2, 0O4, 582
1,380,487
1, 855, 265
142, 037
2, 833, 394
7, 899, 413
1, 582, 362
1,266,444
3, 631, 551
1,419,052
24, 677, 714
324,260,074
7,442,227
42, 827, 419
4,805,438
13, 154, 168
10, 165, 321
6,214,014
4, 175, 112
10,964,758
U, 202, 381
25, 267, 589
33,348,294
7, 348, 667
3, 507, 217
9, 831, 293
26, 109, 587
16, 541, 485
22,440,030
21,374,026
13, 671, 385
21, 591, 368
5, 975, 632
6, 302, 663
52, 553, 600
21, 200, 213
13, 643, 251
17, 316, 829
393,307
220, 103, 653
109, 575, 240
18,618,495
10,706,557
80, 250, 188
101,341,621
25, 939, 323
22, 511, 600
6,475,221
4,111,191
21, 820, 868
1,221,445
3,619,418
6, 315, 865
9, 326, 690
9, 186, 792
32, 725, 859
1, 538, 871
1,776,785
106, 578
199, 466
25, 930, 830
1, 062, 505
2, 110, 824
17, 004, 137
1, 588, 110
2, 403, 346
6,437,157
1,626,057
1,852,415
1, 287, 192
1, 809, 860
128,341
116, 164
481,831
75,342
70, 836
241, 148
94, 505
437, 286
8,452,765
167, 265
644,928
34,648
281, 216
65,682
168, 597
60,377
399, 334
232, 529
1, 052, 533
1, 232, 275
189, 958
34,398
391, 236
907, 016
367,728
736, 862
412, 593
183,516
613,918
155, 325
120, 831
4,230,474
1,296,037
966. 108
1,928,327
40,002
1,649,946
549,721
74,432
40, 365
434, 924
1,003,445
234, 976
287. 109
61, 165
33, 827
102,099
16,327
87,228
64,145
116, 569
96,780
1,311,905
241,485
44,126
10, 670
5,979
148,024
17, 181
844,440
907, 557
130,488
97,360
238, 761
253, 100
74, 156
76, 894
36,798
4,260
206, 957
1, 146, 969
317, 816
67, 970
629, 395
131, 788
925, 146
26,434,639
524,093
1,868,785
550, 077
756,464
333, 562
483, 523
253, 706
1, 154, 590
995, 124
3, 537, 139
1, 740, 340
571, 730
165,499
1, 130, 692
2,253,777
1,228,974
2, 350, 171
1,795,008
640, 655
3,004,252
666, 156
430, 322
7, 184, 523
1, 566, 874
2,711,739
2,831,906
74,004
6,488,706
2, 890, 626
251, 510
289, 696
2,349,420
3,293,445
577, 508
1, 291, 830
236, 953
136, 559
338,977
36, 547
153, 361
193, 113
328, 597
304,635
7,921,686
1,758,272
873, 764
1, 647, 647
141, 809
1,705,511
145,329
1, 649, 354
1,321,429
127, 302
138, 314
483, 230
124,937
163,213
148, 180
136, 253
21, 319
311,883
698, 685
205, 065
46, 935
303,021
143,664
1, 113, 351
49, 795, 545
1, 174, 547
3,779,015
2,454,665
2,368,799
1,464,019
906, 781
591, 604
1, 311, 842
878, 354
3,774,603
2, 930, 052
1, 255, 641
569,418
1, 244, 274
4,858,352
2, 859, 052
5, 298, 955
3, 713, 426
2,928,347
3,073,472
1, 290, 290
1,070,037
2, 704, 345
573, 749
786, 162
1, 329, 105
15,329
22, 814, 194
10,365,716
954, 378
1, 459, 806
7,951,532
11,365,491
1, 506, 168
3,350,118
1, 126, 059
682, 192
2,040,525
52, 143
95,944
1, 166, 282
1,346,060
1,082,987
685,877
39, 066
86,099
118,912
72, 974
327, 908
12,480
28,438
4,580
2,617,980
11, 238, 793
2,810,066
1, 620, 162
5, 197, 264
1, 661, 301
10, 785, 685
232, 485, 533
4, 714, 430
15,992,520
3,289,498
8, 339, 158
3,864,124
4, 723, 616
2, 076, 839
9, 307, 688
7, 563, 661
22, 609, 035
37,005,657
4, 660, 790
1, 683, 392
8, 175, 928
25, 212, 061
10,450,047
18, 043, 696
13, 578, 145
7, 822, 040
15, 178, 998
4, 387, 545
3,806,415
119,836,897
31,860,804
28,199,458
57,967,470
1, 809, 165
75, 385, 185
35, 846, 504
3, 286, 111
3,793,596
28,766,797
35, 687, 900
4, 729, 332
11, 839, 081
2, 926, 501
2,376,073
4,865,665
367, 600
1, 266, 522
3, 149, 114
4, 167, 992
3, 650, 781
~512, 198, 294
271, 662, 138
41,292,002
21,622,774
3,442,825
139, 225, 343
1, 533, 153
33,420,059
13, 529, 225
2,465,096
1, 336, 090
4, 105, 634
1, 487, 661
2, 074, 0O5
1, 064, 591
996, 143
218,031
689
457
(')
(')
249
143
1,016
158
741
(')
1,252
446
323
153
1,125
293
(')
161
227
337
143
760
634
203
61
(')
134
509
1,546
1,082
259
(=)
151
21, 140
6,900
872
759
5,269
12, 772
864
719
1,561
1,383
1,664
355
1,280
1,690
3,256
1,468
4,970
(=5
413
(')
1=)
(')
1,119
3,259
5,047
330
1,2X
1,283
938
187
499
576
224
(18)
605, 298
13,955
10,634
(=)
{')
5,863
2,777
53, 182
152, 706
6,316
16, 933
(')
5,279
14,889
19,647
4,145
2,317
13,532
6,285
(')
2,457
2,273
6,876
4,103
16,900
15,161
3,106
2,042
(')
3,020
5,671
23, 168
13, 472
5,236
(')
4,146
227, 131
94, 423
13,253
9,990
71, 180
114, 066
7,733
7,729
7,693
12, 355
19,414
3,857
11,486
18,349
25,445
18,642
70,349
6,491
(')
(=)
(=)
10, 903
45,993
53, 053
3,275
11, 722
12, 299
6,084
3,868
9,812
5,998
1,115
^Inventory data for
groups in this report
tion of the treatment
ventory for "Finance ,
"Finance, insurance, and real estate" industrial groups are not shown and, with the exception of Table 29, are not included in the totals for all industrial
. Inventory data for "Finance, insurance, and real estate" are shown, however, in Statistics of Income- 1959-60, Corporation Income Tax Returns and a desorlp-
of inventory for corporations engaged in finance is given in the "Explanation of Terms" section of that report,
insurance, and real estate," as presented in that report, are shown below;
InventoiT (Thousand dollars)
The total amount of inventory and the in-
Industrial division
All Industrial divisions
Finance, insurance, and real estate
Other industrial divisions
Returns with and without net income
88,303,970
96, 166
88, 207, 304
Returns with net income
78, 191, 144
62,684
73,128,460
^Deflplt.
'No 'reliable estimate of the sampling variability can be obtained from the sample. However, the data are Included in totals.
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data. "
104
ACTIVE CORPORATIONS
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table 27.— NUMBER OF RETURNS, TOTAL COMPttED RECEIPTS, BUSINESS RECEIPTS, NET INCOME, INVENTORY, AND TOTAL ASSETS, BY INDUSTRIAL DIVISION AND SIZE
OF BUSINESS RECEIPTS
Industrial division and size of
business receipts
Returns with and without net income
Number of
returns
Total
compiled
receipts
(Tlwummtd
dotUrmJ
Business
receipts
dollmrm)
Net income
(less
deficit)
(Thauamtd
dotUrm)
Inventory,
end-of-
year^
(7houm»nd
dolUraJ
Total
assets
(Thcuamnd
doliara)
Returns with net Income
Number of
returns
Total
compi led
receipts
(Thotiamitd
dotimra)
Business
receipts
(Thoummnd
detUra}
(Thouamnd
doilmraj
Inventory,
end-of-
year^
(TheuMtnd
dottmrwj
Total
assets
(ThouMtid
ALL INDUSTRIAL DIVISIOIS
Total
Under $25,000
$25,000 under $50,000
$50,000 under $100,000...
$100,000 under $500,000..
$500,000 under $1,000,000
$1,000,000 under $10,000,000...
$10,000,000 under $50,000,000..
$50,000,000 under $100,000,000.
$100,000,000 under $500,000,000
$500,000,000 or more
Receipts not reported.
AORICOLTUHE, FORESTRY, AND
FISHERIES
Total
Under $25.000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000...
$50,000,000 under $100,000,000..
$100,000,000 under $500,000,000.
$500,000,000 or more
Receipts not reported
MINING
Total
Under $25,000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000...
$50,000,000 under $100,000,000..
$100,000,000 under $500,000,000.
$500,000,000 or more
Receipts not reported
CCNSTRUCTION
Total
Under $25,000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 unifer $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000...
$50,000,000 under $100,000,000..
$100,000,000 under $500,000,000.
$500,000,000 or more
Receipts not reported
UANUFACTURIND
Total
Under $25,000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000...
$50,000,000 under $100,000,000..
$100,000,000 under $500,000,000.
$500,000,000 or more
Receipts not reported
(1)
(2)
(3)
M
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
1,074,120
816,799,884
772,914,545
46,797,267
88,207,804
1,136,667,759
670,581
719,416,050
682,186,185
51,551,374
78,128,460
978,345,823
279,891
128,816
143,875
291, 584
76,720
83,022
5,712
703
582
122
63,093
2,875,611
4,839,373
10,594,068
69,617,102
54,743,076
211,426,087
116,054,124
49,164,559
124,542,819
172,607,674
335, 391
1,487,981
3,369,889
8,634,756
63,300,113
51,844,020
201,994,085
110,095,375
46, 507, 590
118,804,855
166,375,8a
^90,217
291,427
436,820
2,116,127
1,502,625
7,592,043
7,297,927
3,680,547
9,987,430
14,221,042
^238,504
208,061
343,462
894,143
6,748,515
5,146,250
20,504,934
12,899,450
6,022,471
14,575,219
20,802,839
62,410
16,380,747
14,053,829
22,906,358
104,120,408
61,907,479
226,526,238
175,669,721
82,494,630
204,183,133
223,399,658
4,525,558
141,995
76,940
91,644
211,880
61,852
70,161
5,126
652
557
112
9,652
1,636,950
2,909,228
6,793,530
51,867,079
44,232,893
181,054,528
104,747,426
45,301,234
119,169,520
160,959,092
244,570
687,993
1,719,775
5,185,545
47,319,605
42,075,131
173,979,177
99,501,668
43,214,448
113,577,722
154,924,120
402,572
559,351
809,767
3,159,129
1,963,663
8,735,U4
7,675,751
3,795,791
10,077,122
14,402,913
70,191
62,983
130,166
488,693
4,814,580
4,094,978
17,618,478
11,701,765
5,598,595
14,117,176
19,396,429
4,617
8,763,825
10,102,403
17,557,175
79,341,630
45,449,504
172,843,930
154,193,502
78,808,958
197,534,571
213,028,035
722,290
15,603
3,837,620
3,676,501
105,884
434,399
3,586,542
8,505
2,964,723
2,833,394
206,957
311,883
2,617,980
4,303
2,336
2,594
4,500
503
535
17
57,161
95,156
195,402
1,033,240
457,218
1,258,797
278,546
42,368
83,730
185,474
983,905
443,691
1,212,340
272,041
^9,689
^1,175
4,630
31,079
19,095
40,459
11,624
^8,372
14,123
11,256
30,494
114,461
43,273
140,773
36,197
245,365
218,025
306,989
1,089,152
339,585
800,396
172,145
1,635
1,280
1,424
3,136
523
363
16
29,085
56,599
112,932
713,652
397,979
927,097
266,985
457,819
18,292
46,806
105,501
574,860
385,930
388,909
260,544
452,402
7,966
10, 516
13,092
64,222
21,740
56,580
12,372
1,785
3,050
6,349
20,624
31,133
32,143
98,599
31,537
89,209
138,011
202,862
770,096
291,986
594,896
162,148
14,348
12,920
645,374
882,593
16,039,390
6,175
593,685
11,288,793
3,219
1,295
1,520
3,287
369
899
101
16
10
2
38,193
56,042
119,833
793,051
658,149
2,549,864
2,218,867
1,206,670
1,418,026
1,286,677
9,433
28,031
47,209
108,729
745,148
625,365
2,425,143
2,133,854
1,143,457
1,356,730
1,277,747
^23,092
^3,437
^16,973
3,537
'3,766
34,993
173,237
107,482
174, 548
361,930
'157,580
3,878
1,419
7,482
37, 373
26,053
147,946
185, 592
164,130
192,513
106,353
9,794
277,679
131,393
251,344
923,504
809,041
3,673,638
3,441,971
1,985,718
2,537,270
1,120,223
332,109
1,154
591
903
1,977
583
616
79
15
9
2
14,793
27,744
73,817
502,447
445,389
1,765,177
1,750,104
1,148,379
1,244,515
1,285,677
6,595
10,391
21,787
65,188
467,671
427,378
1,671,229
1,679,353
1,088,010
1,190,149
1,277,747
3,918
4,877
9,688
49,583
30,511
167,539
215,007
123,528
175,473
361,930
2,915
217
766
4,039
18,087
15,125
89,195
142,842
151,754
170,297
106,353
74,227
49,816
103,487
517,191
425,746
2,288,501
2,512,190
1,727,101
2,331,515
1,120,223
38,695
66,260
32,140,410
31,631,534
579,108
14,221,541
38,438
25,047,785
24,577,714
925,146
10,785,885
8,065
6,564
9,190
24,762
7,139
5,262
217
11
5
4,045
101,095
249,393
678,400
5,138,590
5,003,059
14,229,537
4,104,014
857,473
751,021
12,828
92,986
243,369
656,816
5,050,633
4,956,509
14,045,722
4,033,447
337,660
744,387
^6,278
'8,435
'7,065
73,789
81,373
231,225
119,229
17,322
29,723
'1,723
25,103
38,514
50,586
365,106
288,443
547,113
77,546
9,908
33,013
212,123
209,960
367,903
2,705,102
1,985,638
5,906,664
1,906,143
300,463
368,281
3,119
2,552
4,623
15,375
5,622
4,891
180
10
5
44,870
97,473
347,038
4,344,776
3,949,707
11,370,075
3,354,090
757,794
751,021
39,399
93,948
340,518
4,288,472
3,910,423
11,219,417
3,292,705
748,445
744,387
5,768
8,532
19,574
173,312
124,708
387,072
149, 526
19,217
29,723
7,714
10,662
5,350
26,320
240,580
209,503
517,341
64,384
5,845
33,013
1U,895
78,796
218,734
1,905,312
1,496,038
4,742,656
1,548,063
275,036
358,281
41,074
156,297
363,157,167
356,972,649
54,798,833
252,134,247
102,799
330,069,833
324,260,074
49,795,545
14,743
12,323
18,392
55,818
20,558
26,964
2,626
361
304
76
4,132
175,946
469,193
1,392,029
14,067,354
14,757,780
74,249,330
54,237,911
25,211,049
65,921,737
112,664,725
10,112
156,456
457,610
1,366,823
13,871,384
14,589,911
73,377,667
53,533,033
24,801,628
54,604,433
110,213,594
'44,779
'22,431
'40,449
253,155
439, 599
3,325,303
3,851,056
2,030,109
5,645,799
9,499,366
'10,794
42,039
61,319
145,014
1,471,969
1,604,395
9,945,386
8,817,957
4,570,353
10,955,433
17,175,933
6,015
333,350
368,445
383,385
7,359,705
5,898,014
37,349,825
34,241,653
19,295,503
49,108,905
96,083,855
195,576
4,047
5,711
9,796
39,655
16,938
23,110
2,389
344
297
69
443
59,150
221,176
748,190
10,337,651
12,186,659
64,338,000
49,779,888
24,134,865
64,648,326
103,605,496
9,432
47,750
a5,010
734,527
10,194,558
12,047,550
63,576,834
49,132,359
23,735,785
63,345,945
101,228,155
8,991
19,577
45,030
539,812
589,741
3,768,427
4,032,334
2,103,335
5,568,054
9,552,133
5,094
10,491
21,565
63,752
931,359
1,254,720
8,470,786
8,047, M2
4,374,028
10,718,918
15,852,270
39,868
176,413
468,143
5,250,043
5,537,317
32,102,122
31,137,435
18,473,477
48,194,370
90,917,493
354
38,852
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
105
ACTIVE CORPORATIONS
Table 27.— NUMBER OF RETURNS, TOTAL COMPILED RECEIPTS, BUSINESS RECEIPTS, NET INCOME, INVENTORY, AND TOTAL ASSETS, BY INDUSTRIAL DIVISION AND SIZE
OF BUSINESS RECEIPTS— Continued
Industrial division and size of
business receipts
Returns with and without net income
Number of
returns
Total
compiled
receipts
(Thousand
dollmra)
Business
receipts
(Thou»*nd
dotUra)
Net income
(less
deficit)
(Thousand
dollara)
Inventory,
end-of-
year^
(Thotiaand
dollara)
Total
assets
(Thotiaand
dollara)
Returns with net income
Number of
returns
Total
compiled
receipts
(Thouaand
dollara)
Business
receipts
(Thouaand
dollara)
(Thouaand
dollara)
Inventory,
end-of-
year^
(Thouaand
dollara)
Total
assets
(Thousand
dollara)
TRANSPORTATION, COMJUICATION,
ELECTRIC, GAS AND SANITARY
SERVICES
Total
Under $25,000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000...
$50,000,000 under $100,000,000..
$100,000,000 under $500,000,000.
$500,000,000 or more
Receipts not reported
WHOLESALE AND RETAIL TRADE
Total
Under $25,000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000...
$50,000,000 under $100,000,000. .
$100,000,000 under $500,000,000.
$500,000,000 or more
Receipts not reported
Wholesale Trade
Total
Under $25,000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000...
$50,000,000 under $100,000,000..
$100,000,000 under $500,000,000.
$500,000,000 or more
Receipts not reported
Retail Trade
Total
Under $25,000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000...
$50,000,000 under $100,000,000..
$100,000,000 under $500,000,000.
$500,000,000 or more
Receipts not reported
Wholesale and Retail Trade
not Allocable
Total
Under $25.000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000...
$50,000,000 under $100,000,000..
$100,000,000 under $500,000,000.
$500,000,000 or more
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
Receipts not reported .
43,195
62,308,546
60,609,006
3,006,901
137,319,136
26,832
53,904,887
52,553,600
7,184,523
2,704,345
119,836,897
12,514
5,637
6,724
11,349
2,253
2,630
337
73
90
9
1,579
152,790
216,045
505,952
2,617,778
1,594,646
7,501,361
7,399,426
5,025,704
21,216,537
16,049,113
29,194
123,045
207,780
487,293
2,548,182
1,563,372
7,317,223
7,215,384
4,888,366
20,583,725
15,674,136
2l,149
6,933
27,365
112,847
64, 516
473,575
721,599
471, 318
2,354,637
2,558,949
206
1,854
2,976
6,279
44,508
24,483
139,206
301,760
261,123
1,308,293
915,406
1,013
413,043
315,693
622,462
2,490,844
1,435,018
8,488,492
14,956,239
12,537,930
56,713,465
38,919,098
421,352
5,987
3,252
4,500
8,312
1,735
2,191
283
60
82
7
423
74,399
126,670
342,774
1,935,463
1,237,088
6,257,806
6,256,938
4,159,067
19,431,259
14,058,388
24,985
63, 599
120,338
326,578
1,881,630
1,211,776
6,110,863
6,102,775
4,041,854
13,837,253
13,806,924
16,109
16,823
43,133
156,910
89,241
557,235
775,904
532,706
2,403,315
2,586,094
7,043
534
1,428
3,694
24,389
16,066
115,455
243,945
234,529
,219,588
638,727
490
226,130
187,938
452,293
1,899,001
1,136,594
7,024,307
12,598,387
10,748,165
52,148,042
33,340,075
75,965
334,717
256,647,744
252,867,764
26,704,284
87,556,503
217,357
223,361,735
220,103,653
6,483,706
22,814,194
75,335,135
34,720
31,294
49,591
133,153
37,723
39,406
1,805
156
103
25
6,741
109,643
436,327
1,218,541
3,694,626
32,675,738
26,899,934
95,523,173
34,317,702
10,791,620
21,336,409
29,232,897
20,722
125,702,917
378,935
1,158,650
3,611,476
32,042,722
26,446,028
94,136,290
34,357,892
10,675,021
21,017,636
29,043,114
124,124,376
^41,128
^25,842
^10,851
523,037
447,456
1,757,087
832,142
273,970
694, 570
1,113,329
^1,642
2,562,827
107,876
209,248
617, 535
4,563,335
3,109,701
9,344,559
3,350,145
939,124
1,854,813
2,604,197
3,751
11,774,899
650,006
815,773
1,996,779
13,926,645
9,368,710
28,194,761
11,187,892
3,389,555
9,105,102
3,773,295
147,990
40,988,893
12,036
13,336
27,740
96,291
30,726
34,248
1,648
142
97
24
78,958
192,415
554,737
2,102,743
24,478,545
21,953,649
34,207,069
31,755,561
9,844,322
19,615,850
28,633,270
13,569
110,986,419
150,332
512,617
2,049,097
23,984,639
21,579,673
82,994,991
31,337,537
9,741,037
19,309,521
28,444,104
109,575,240
26,120
33,905
96,176
316,419
537,932
1,941,976
874,066
234,704
700,875
1,120,238
6,195
2,390,626
33,139
36,711
347,016
3,360,926
2,527,459
8,208,275
3,043,299
862,040
1,745,206
2,599,079
992
10,365,716
11,526
7,106
10,937
33,176
15,973
21,439
1,214
97
54
9
3,112
199,624
133,626
264,292
339,535
10,091,731
11,511,223
53,629,995
23,341,710
6,652,649
11,276,441
7,922,543
13,972
120,151,714
112, 576
257,339
309,319
9,904,616
11,358,372
53,014,923
23,078,299
6,612,733
11,036,463
7,889,229
118,156,300
^9,260
^3,324
14,195
191,160
232,120
1,060,325
514, 526
135,520
335,237
92,974
'646
2,762,884
34,940
36,610
109,166
1,206,504
1,212,139
5,303,316
2,147,446
506,577
759,667
456,637
1,395
13,669,677
232,294
265,295
574,361
4,285,657
3,923,057
16,141,138
7,043,449
1,732,517
4,966,962
1,645,762
73,406
42,081,879
4,657
3,931
7,017
28,638
13,671
19,156
1,104
88
49
123,795
76,311
163,637
542,791
7,738,535
9,879,043
48,239,388
21,197,197
6,056,781
9,706,460
7,322,916
13,310
103,003,332
56,300
142,837
523,220
7,632,218
9,743,619
47,684,556
20,954,406
6,020,104
9,527,761
7,290,219
101,341,621
15,212
14,493
42,620
289,401
271,365
1,146,446
534,298
139,263
340,265
94,933
2,330
7,562
18,497
64,642
906,917
1,039,122
4,79a/,256
1,941,094
476,645
659,462
451,519
11,365,491
17,199
21,646
35,706
86,650
19,070
15,867
526
59
46
16
2,337
25,445
245,613
637,653
2,640,238
20,513,523
13,442,391
37,205,943
10,291,045
4,133,971
9,519,345
21,310,354
5,433
10,793,113
220,137
809,778
2,591,429
20,111,851
13,177,324
36,517,970
10,110,600
4,062,263
9,401,033
21,153,885
10,587,088
'25,797
'21,006
'18,360
293,160
176,247
596,630
279,357
138,450
317,663
,025,355
235
241,417
59,676
153,570
478,605
3,077,818
1,666,258
3,557,693
1,055,303
432,547
1,038,725
2,147,560
1,722
276,399
478, 561
1,313,047
3,706,336
4,693,963
10, 349, 501
3,592,343
1,607,033
3,879,108
7,127,533
57,545
19,155
61,554
14,824
13,132
432
54
45
16
337
90,046
346,356
1,445,474
15,133,184
10,457,993
31,647,663
9,415,322
3,767,541
9,369,267
21,310,354
4,110
72,156
329, 310
1,413,888
14,832,650
10,246,116
31,064,606
9,256,202
3,720,983
9,251,625
21,153,335
15,104 9,366,984
7,663
14,852
49,284
471,040
271,335
686,453
299,906
145,441
319,140
1,025,355
2,976
304,635
20, 543
60,990
267,167
2,245,236
1,282,209
2,964,096
964,002
383,395
1,029,323
2,147,560
970
1,082,937
5,995
2,542
2,946
3,327
2,675
2,100
65
51,686
96,596
214,853
2,070,479
1,945,670
4,687,240
1,134,947
1,317
46,220
91,533
210,228
2,026,255
1,910,332
4,603,392
1,163,993
'6,071
'1, 512
'6,666
36,717
39,089
99,882
37,759
41,470
'1,231
13,260
19,068
29,764
279,013
231,304
482,848
147,396
91,313
71,917
109,371
934,652
751,665
1,704,122
551,600
259,032
2,091
1,097
1,568
6,049
2,231
1,910
62
26,056
44,244
114,483
1,556,776
1,621,613
4,319,993
1,142,542
21,876
40,470
111,989
1,519,821
1,539,943
4,245,629
1,126,929
530,135
3,245
4,560
4,272
55,978
45,282
109,077
39,862
41,470
5,084
7,224
15,207
208,775
206,126
445,923
138,203
269,032
414,901
1,205,419
10,561,642
7,670,623
24,841,950
10,034,832
3,116,229
3,555,929
3,647,067
47,461
35,846,504
146,142
170,744
403,486
3,349,935
3,339,075
14,476,357
6,270,400
1,690,034
4,446,749
1,519,534
23,998
35,637,900
101,267
207,214
734,744
6,493,028
3,632,446
6,799,757
3,250,923
1,426,145
3,850,148
7,127,533
14,695
41,673
36,943
62,189
716,679
649,102
1,565,836
513, 559
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
106
ACTIVE CORPORATIONS
U.S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table 27.— NUMBER OF RETURNS, TOTAL COMPILED RECEIPTS, BUSINESS RECEIPTS, NET INCOME, INVENTORY, AND TOTAL ASSETS, BY INDUSTRIAL DIVISION AND SIZE
OF BUSINESS RECEIPTS— Continued
Industrial division and size of
business receipts
Returns with and without net income
Number of
returns
Total
compiled
receipts
( Thovand
dollar*)
Business
receipts
(Thouamnd
doltmrm)
Net Inccane
(less
deficit)
(Thoa»»nd
doUarm)
Inventory,
end-of-
year^
(Thoumand
dotlatm)
Total
assets
(Thoumand
doltara)
Returns with net income
Number of
returns
Total
compiled
receipts
(Thousand
dollar m)
Business
receipts
(Thoumand
dollarm)
(Thoumand
dollarm)
Inventory,
end -of -
year^
(Thoumand
dollarm)
Total
assets
FINANCE, INSURANCE, AND
REAL ESTATES
Total
Under $25,000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000...
$50,000,000 under $100,000,000-.
$100,000,000 under $500,000,000.
$500,000,000 or more
Receipts not reported
SERVICES
Total
Under $25,000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000- . -
$50,000,000 under $100,000,000-.
$100,000,000 under $500,000,000-
$500,000,000 or more
Receipts not reported
NATURE OF BUSINESS NOT ALLOCABLE
Total
Under $25,000
$25,000 under $50,000
$50,000 under $100,000
$100,000 under $500,000
$500,000 under $1,000,000
$1,000,000 under $10,000,000
$10,000,000 under $50,000,000...
$50,000,000 under $100,000,000..
$100,000,000 under $500,000,000.
$500,000,000 or more
Receipts not reported.
(1)
(2)
(3)
M
(5)
(6)
(7)
(8)
(9)
(10)
(U)
(12)
318, 592
65,911,758
36,062,139
7,152,612
606,824,809
204,761
57,678,675
32,725,859
7,921,686
512,198,294
166,976
51,172
34,696
32,139
4,282
3,979
474
74
58
10
1,499,371
1,811,610
2,422,704
6,475,390
2,958,699
10,586,252
9,713,273
5,178,557
11,891,641
13,374,261
324,858
508,224
693,746
1,974,917
962,604
4,175,496
5,364,269
3,293,657
8,597,178
10,167,190
68,260
347,335
422,833
911,315
361,795
1,391,374
1,378,602
673,098
981,269
682,468
^65,737
13,350,539
11,091,978
16,970,402
71,054,022
39,361,466
1 137,744,301
|l07,724,170
44,389,232
84,643,784
79,003,177
1,491,738
100,111
40,813
28,473
25,800
3,154
2,779
408
70
55
10
3,088
1,018,304
1,453,471
1,991,401
5,131,024
2,177,440
7,602,255
8,533,145
4,925,941
11,471,433
13,374,261
207,555
382,002
540,115
1,577,285
747,890
3,107,439
4,744,682
3,053,005
8,198,696
10,167,190
304,984
416,298
488,228
1,043,512
406,368
1,515,588
1,397,850
674,602
991,788
682,468
7,517,078
8, 590,688
[13,906,982
55,178,514
127,442,475
I 97,940,288
94,270,341
'44,056,040
84,230,008
79,003,177
62,703
110,005
22,227,256
20,954,310
968,252
806,603
18,354,967
61,754
17,980,731
17,004,137
685,877
13,529,225
31,231
17,461
20,708
26,188
3,259
2,340
135
12
11
389,275
696,699
1,551,979
5,747,691
2,379,462
5,511,115
3,284,385
893,436
1,539,629
317,650
637,288
1,482,039
5,506,563
2,226,987
5,287,663
3,179,955
867,801
1,443,364
^24,876
'3,957
54,497
203,336
92,092
287,673
200,438
57,243
88,201
13,595
11,466
17, 571
35,259
149,439
49,801
138,646
130,243
77,273
192,415
789, 399
870,763
1,423,594
4,501,446
1,703,467
4,354,896
2,039,497
595,229
1,351,901
724,775
12,360
8,418
13,879
19,539
2,559
1,956
123
2,398
192,192
353,667
1,052,151
4,369,938
1,869,295
4,570,395
3,050,665
820,366
1,539,296
162,266
139,522
310,178
1,002,057
4,198,308
1,754,795
4,393,449
2,951,203
806,261
1,443,364
25,753
45,127
90,620
310,611
112,830
340,348
217,702
57,698
88,201
4,127
7,220
21,349
106,840
39,771
118,022
123,456
70,383
192,415
1,789
322,448
444,353
962,689
3,211,044
1,342,760
3,295,945
1,830,056
412,910
1,351,901
355,119
214,528
193,679
1,729
12,672
630,619
142,037
128,341
21,319
4,580
218,031
.,120
734
460
388
{')
10,788
25,453
26,694
33,143
68,270
(')
16,653
15,236
23,592
25,979
32,360
66,654
C)
16,041
'2,486
2,537
2,789
4,032
C)
349
1,717
1,149
1,494
2,324
C)
805
103,232
31,799
58,000
54,988
C)
13,265
,496
477
306
295
12
11,737
17,691
22,479
53,573
10,687
16,653
10,653
17,089
21,365
52,032
10,661
16,041
2,963
3,591
3,221
4,748
542
349
703
777
,399
764
43,883
21,487
36,566
43,787
5,965
13,265
48,073
^Inventory data for "Finance, insurance, and real estate" industrial groups are not shown and, with the exception of table 29, are not included in the totals for all industrial
groups in this report. Inventory data for "Finance, insurance, and real estate" are shown, however, in Statistics of Income— 1959 60 . Corporation Income Tax Hetums and a descrip-
tion of the treatment of inventory for corporations engaged in finance is given in the "Explanation of Tenns" section of that report. The total amount of invenloiy and the
inventory for "Finance, insurance, and real estate," as presented in that report, are shown below:
Inventory (Thousand dollars)
Industrial division
Returns with and without net income
Returns with net income
Returns without net income
All industrial divisions
Finance, insurance, and real estate.
Other industrial divisions.
88,303,970
96,166
88,207,804
78,191,144
62,684
78,128,460
10,112,826
33,482
10,079,344
Deficit. ^Total compiled receipts are used as size classification in lieu of business receipts for firms in Finance, insurance, and real estate.
*No reliable estimate of the sampling variability can be obtained from the sample. Data, however, are included in totals.
NOTE; See text for explanatory statements and "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
107
H, e
u at
ft ^
5 :
I
^1 1 =
-SSI'
EH O II) R -o
■2 ■♦^
■ " ir\ to >£) C
rv to ry tJv
\0 \0 CO O \i
to o> CO CT- rn
O C- r^ [^ lA
O iH o i> y3
-.r vO fM lA
C- -.f oj o\
vo o f^ n
S\Or-t0^i-H vOiHC^rH
3 to >I
D lA ^5
^lr^lH^oo >tONO\co
3tO\D\D(M COtnc-f-J
COrytMt^O COvD-^OJ
t^ -J- r\j to c
o iri CO vo c
\o n o r- -
Ot^OC-"^ tO>J(MU
r-o<NtorH coojcor
1 ->f <J> \0 [> vO
aO> iTi -J CO
•4- -H r^i «0
OJ i-H -1- 03 C-
J O vD O
) C;- to -J
t o m -a
^Pia
CO -4- f^ c5 r-J
rHOvpCT'lA \OC^-4
.3 M
CO \D 0> -J- lO
-400
^ CO r
i O \D ■-*
n ^ n
r -«r o CO ->!■
- -J "H OJ 1-1
3 -H 0\ C- -4-
r^cncoiri>X3 ooo\i
J r^ o [^ -^J- CT^ O
> •>* to o> -^ >j in CO CO
CO-^^OD-O H>I-OCM
3 r\ (-1 cvj r
"lOtNjrMNf c^tot*-'^
iAC^ir\(*\CM JTi r\i r-i \0
3 ^ -4: c
J 0^ -J >
?ads
to n^ lA cr> (^ \0 y
rj C^ r- ry o
3 n ->t r- n o» -4
F n M AJ lA f^
i O^ CO --i
lA lO (jv C^ vO
xomoi-ip cucoo
f^-<0\OJft( tD>X>>
l>vO0>C0»O f\l\OiA I
OiA-JOvD -O-CNJiA
^ r-1 IN Pv ^
4 vO o^ o (N to rg
O Tl to CM U1 rH ■-
cvj Aj iri C^ O IT) r
OtOCOiAf- \OOitO
lAt^>A03t-- tMOCO
3 OJ n n (n CM
-J-tnOtNtO .-lAlc
HlAOOrH tO(*^0
\D -{ tn r\i CO
P- \0 H CO n
vO vD to tn n-l
H >0 CM CO C- C
a-4 CM %t
r'l p^ s-
C*- (^ fi3 -J^
to c\j c- (n o
[~- to O C\ CT*
C^ rH ('v lA O
•J r-l y
-J c^ r
tO><NiA»A \Dr^r^CQ
COlHt^r-)^ lAr-liO>3
c^CMinc^vo ^ O r^ <r\
tototooiA to-«tQ»ir»
t01A(N^--l IA>0--t(3>
aa;
3 n -J^ tH -4 ri r
ij \D en o in \o 0
■\ lA CM C- lA C
HCMtnvO -^iH-J-iA
t-fnr-OCn ^CM(M>J
03\DrHlA-4- -J-O^Of
■-If^rHeO-} Oc^CMC
r- >t >n -4 \o <M (M
cSj «0 C lA 00 ~ "
^ ^D n lA CM
<M (M p >I
C- xO CO -J
S lA O tn
D-r-fMHlO Or-(r
rHtonc^o ncvr
t^^'c^^o'^o'>f
H M
M fc
M Q
toiH-4^iAc~- iAo^mg\
-^C^C^r-ilA ^2t>CSi
CM to vO O
^[>0\OC0 C^lATl^f
>>fCM(MfA "-
lA AJ CO --J-
i-HOrHOtO a\l/YlA-vJ
OlAtOvOr-j [>tOIA\D
•-HlACJ'O'-i --ff^C-f^
^fto'crcrvo' Oreo's
f^iO-4y?0 >Hi£)lAiA
CMrHCM-5cM C-OOr-'
C^vAff'Or^ iTivOvOO
o>(^Of^'^ lAtomo
J m c^ vo o f
J^£^to[^•m or^<Hf
J-JiTicnP MSPINC
^'^<MlAtO MQvDC^
^^DCOC^P QO^Or-fcJv
^--4■(^c^^- ovc^tj
^ r- P en >r m r
■t c^ o to o c^
ncMtn^oto -^ r^ -D <J^
r-J-ITlCllA rHPvOO
HP>fOvp pHrHf
C-»AfMO^CM c^->tc
fMf*\COcnp lACTiC
rHO^f^tO^O OCTir
(MPOnvD .HiAt^r-
toysiHu-iAi cotooni
i-HxOiArH'O O^CMC*f*^
OvtM>tm>-' vor-f^P
COiAC--fMvO D-^O0^tM
OtOO>\00 tOtMPtA
^ 00 --J tf
lAtOfMC~-.M lAC-CT'C^
OiA-.J-n-^- O^OCtO
c-rHooino n-40\D
^OtO-st-JC- V\ \D rr\ \0
r-iHCMCOO lOfMr-Jc^
ino^iACMO* pH>o
r ;4- vj; CT' \0 p "J
lA 0\ 00 0> >0 -J- r
S.& !
-w 0) 5 -;
n a « -
p 0) K
- CO -4
J p 4
ONp^vOC- -40vO^
too^vDpp -j-c--(n\o
>rio>P'Ho^ -4n-^ru
lAt^vOtOCM tOf^COP-
ap c^ CO
CO lA vO
C CO -^^ CM
[>iHtOO[> OCM-vtM
cv>i)'ntpc^ sro^rMc
CM'HCM-5o\ >JC-1AC
PO^nHO'CO 0\OIA\D
CVvOONiOP 0>0\CM0V
^(^Pm-O <ArHO^
1 5
fi-8
CM CM r-
0\ P r
J CT- to C- P -■
3>D-J-0 rHO^iAiA
HtMCDlA nvDor-
SfM-4-r-(0 OiAvOP-
O^vDlAC- lApf^iA
fn[>>J-iA>J- CMCMPC-
iAtOC\;CMON CT^f^OO
-4"tJ>i-t\DvO \DCMPrM
■JD DO Ch \D
C- CM lA P
lA m t> \D
lA ^ -vf Ov iH
CM tfi O tH p
to CM c^ --f yj
CM \D P r
CM to lA C
(^ to (^ c
r- ^ o CO c^
CM O^ n to >
C-. >r o> en ^
O \0 n CM
'J- O C^ P lO -a c-
fH c^ o\ o -f
O --J P n CM lA r
\D P C*l (J\ iH
to -^^ CM C^ P
CT" C5 lA lA >H
•■o a^ ^ v\ \o c^oopto
cntococMvo ouiScj'
tOtOCMPiH vOOnCM
^NfiHp-r% OiAPCO
nC~-\DlAn lAPHvO
c-.^too^'-l m\DfnrH
■H -4 <M CM CM '
> <J. >t VO rH p p [>
■'stHiA CMOiAvO
3<MCMI> ie\ \0 -t <^
co>-4-\OrH ->i:cMa'i>
ntOiArHrH <M(n-4tn
H rHc^vfl rofovoco
333S
CMC-COvOtO ovcntocn
[>r-p[>vo •oc-cno^
OIJ>iACOP- tO'HCT'cn
C- CM (^ p CO
CM C- CM -H •<
CM [> ^ CO CM
c^Vco'r^cn'
lAP^OtOC- C--CMlAf*l
mnCMCMrH iA\D>fH
C^r--J-^CO PtMCM.-i
CM lA r- cTg^ •^^C3^'>I"^0
0><^0>tOfM \OvD>OiA
CMtO--l-0^»0 CMC--J-[0
[>>rarc>co' c^mT p'^tn
•-f r\ rH rH C-- lA
3[>rMO>-4 iTllA^O^
CMvJ-C0\O P-eoc^cM
CMtOtO^CM pr-pco
88
o p p ^
o ^ ^o
^O P lA
- P CM lA CM <0 ^J> J- I
'. o i-< a> 0} Q)
^ p 0) -a T) -a
O lA 3
£h *^ P P P
P O O Q
t^ 5 P P o
0) p ^ h .^
■a ..p p o
C lA .-f CM u-\
P to CO-W-W
0) 0) q (
80 o
P -c
PPPC
P h 0) <U il>
8 01 -a -o "o
^-1 § § §
^e- Q o o
f^ fH -a f^
h (h F^ 4) m
§§s
■S 8-1
§§§
o p S
■a u
•a -.p OP lA o -c
ClAr^CMlA CMiArHf
P <0 (O ilQ CO oy <fi ifi V
654367 O - 62 - 8
108
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
<\l O^ V3 if\ O
\0 TV O oj —<
oi lO rn o to
S s[ O O
H (A -^ ry
t-(7-fJl/^■•i cmo*
0>QOfiO>Of^ CprHrH
S>f r- CO >o ». eo r*
to \0 -^ CT- f^ (M ,-1
rH >J ^O P- rH
_ O <^ *^ O <-f
<n r^ r- -sf ^ r-1
- - ry « « CM
5toSo>6 (m3o*
1 -^ ir\ ir\ (^ -if
c-to*oo*o -^ort
>t^tO^O^O OOtnCO
rt ^ rH OJ (M
(^ rt t-1 r^ ^
!ssa
■8-?
■vfoiojinc^ o*o>r
<Mp-(r\jrNJr~l .-li-HCTs
toco>Aeop-» of^'*^
I I
A m 3 ^ rK
« >t <H -J >j
iC CM (^ <M CM
iS^S
■8
a^co^<M<^ o>«rito
■-la'fvo""^ nff^"^
OJ >J vD O C^
% r* > -i o cf'
323
- s J =
«tnir\0^ c\l to (J< o
vX) -J (M
tri o «
^ \0 'O t*- f^ o I
\0 iTl t^ \0 0
o^ o -^t m *
o «o « c^ ^
m i^
t-it(A'^\0 -i <\l V\ r
t-- O' "^ to >o
o >* >r --i- >t
in c^ t> v\ o> trtr-to
in IN ^ CM H
lA in \0 o ■-] w
cOfACT>0'(^ C*-00O
r-(>J<ri\oa3 -*<?>o^
; lO o r- c^ <■
n m c^ o rv
■3 p. o) a i
lO (M C^ i-t (■
CO ->t m o fl
t-- --J n m V
!■ (M > <M
Bo CO f^ rn o^ tn rsj
rvj »o a> c^ o« (^ f^
iO >t '^ to t^ t-oo
ojtoto^oo oojcg
-j-Oo-«fO mo*eo
t^ m c^ >} [^ f-i m
lO C^ o O* 'O
SS3
"O rj CM CD r
(-1 o to
lA m -J
O (^J f'*
I vr\ r- tn TO
) b n u-1 o
1 o i-i a\ f>j
CO ^D m lA <
o i-l so ov o^
r^ -.t n (n >t
-J- t\i c^ lA fH
P. C
Ed u
31 5^
1 C^ r-l C^ lA C^
fv o f\j >o n Ai -.f
^ '5 C^ C- (^ NT (^
CT> vO [^ (^ C«- W (^
> iTi p-H ir\ nj
1 n-1 n-t m n
• m o r- oj
^ (N -sj (N C^ (J>
(N >r -H o o-
lA (> CO lA
CO a- oj o CT-
761,
515,
276,
331,
SiA to ^I CT« r- AJ r
^O n O O ^o m C
OiNiAOfN r^mr
^ n o >o <A
fM o c^ »A »o
lA m >!■ « E^ Al
r-* to 0» A|
■t^^^O^' OJCVJiAt^
^ OJ (n >!■ ^
5^ 3 •
SB ^
" ^ M n (S
OJ CO vo oTvo"
AJ -.1
sa
H r~ lA
W'00"-H%0 oo»o<-t
t^C-COTOr\ O^AJ^O^
fnCTilAOO ■Ha»>W'^
Ai ON rv m
f^ o c- o
;s?:n
3>f C^ TO r- >t TO <
0» lA O (N fn -H c
vO TO vO CM (N* -J C^'-
'^OTOO^C~■ tOOO
TOIAVDAJQ COvDOiW
OO^TOH-J t-(OlAAi
r-Tifr^oT-sf' (n'r^uCrH'
C-'AnOOn CpCniA'H
TOflO>-JlA'^ f^f^riJiO
O TO O* iH C
-J' > >!■ C- u
>£ O "-I TO c
-J- TO (T» CM
•Q ^ >t 9
\0 ^ O lA
0^''O'r-^r^
lA lA O^ CM
\0 lA sO CO fy
P| Jl sO JA -O
H (n m TO
' -t o o^
^ -J ^ O
O lA <A CM >t
Oi H >0 O* %0
■ «
8:;
C^iAtvoC- CJ«0»AO«
rH H <H r-1 sO C-
r-CM-<-4AJ 0-^T<J>TO
O^TOf^Mcn -*«ATO(n
> TO lA <0 CM sO >0
> TO TO CM CM C- TO
"aa
^3a
8 1
5 ~
^ 2i C^ -O CM CM TO
S; 2 ^ C- "O f^ CM
>0 TO t~- O CM TO ■>!■
vO »A
0\ CM
O «A
CT> CO >£) TO -^ f^ v:
ON I-) m lA CM CM C
O f^ On > TO ON r
TO [> ^
-H »A C^ C-
t- O On cn
C^ r-l -^
a TO 0
OnCMO'nOC^ c-oo.-
lACMC^-5-«t CMTO-^e
•-JrM-4-^rM -j-c^ou
(*^(^t>c-o oc^ocM
r-TOTOo^ ono>t
r-lrHcnrHTO CMONtM-J
CMiACT-OCM CM>r^C^
C3NTOCMt--ON tA«ACMr\
OtnONCMTO f^CTs-g-c^
CprHlA-vtm nOCO-4-'H
■^TOON>JO nO-SiA-4'
rH -J C^ CM CM <A (A
ONCMlArA«OVH>I'-l O
HCM-J'-NfrHH^AI r>
1 ^ (^ TO C-
0) o,
5-3
17
ON On in to CM
lA to TO O ^
> nO TO C^
N n (^ ON
) cn o <A
TOCM-HC^O ^lAC
ONC~-C^t*lr^ nOTO'-
CNjocAc^n -i (\m 'f\
rHONf^CMAJ ^iHONnO
>n(>niAt^ NDTO-nr^
■hnotooo NomvocM
as ^
^ 0> ON
CM CM \0 P-
TO -* «5 t-
O (?■ (M Al
lA iH nO CM CM C- nD
1*1 NO rH nO C^ TO t~
CM CJN r- <A O" On o
TO r-
lA O^
rH O O pH
CM TO TO nO
O lA TO ^
(7« lA TO m CM
^3ssa
jq-^-o--g-;j
C^ to u
rHrHc-.p.-.j- a-oNom
pc^CMCMO^ AJrHinO
O fc. J* '
iACO>fiTii~l 'OcA'~t->
nOCMCMC-^* AiAlrHON
-Jnocmo-^ CM>-iinNO
m-ocMTO-o mmc^r^
■NONp-CMC^ \Or-tTOCM
Hooeor-< cMc^o-Nf
nOOnO-Ji*^ C^'HtAO
NOCM>rOCM rHf^Cpr
CMOnOOnnO ONOnV"^
SiHOiCMCQ Or-TOTO
NOOr-ICM CMfMAjr^
■NfONO>r>l- iAnOOCM
ir-NOCN^ -NtCMrHiA
VnOTOiA-^ •OtMr^C-
l-fCMONI-l CNifMNQO
J'HC^Jp^>f ^rHCMin
- -st CM i nO
cM>c--j>j TOc^^-TO
\ ■>!■ TO en
3 lA rt i-J
S ON CM ON
t^sOTOOc^ f-<HCM
CM-st-NfC^t^ rolT\NO
AlC^tnCM" " ' —
>J vl <A C^
nO C^ NO ^ O *^ r
CM n i-i'tn'cM'
CM r^ TO "H On
<-) in O TO O^
rn i-i rH O" CT-
o C-- m CM
"A "O -Nf "*
(T> <^ CM lA -}
JtOC0t--c3 D-NO-«t'-(
\^NO^rM Sr^cM
^lACT-iAC- i-1On0TO
rtC-.[>0''-< iHC^TOCM
aaaa'~
■-JCTnC^TO TOC^>Or
C-^cCfM"CM
■H L.
to O
O -N ..O
O <M m r
III 11,
DO «««OpO •«
J -nO p o mo ^o
:in(-t^in CMiAiHiH
O •N .sO
•sO o m
O CM tn (M
J T3 -O -g
!§§!
o ^ -o
^o o *n
O AJ IT -■
U b (-
O t. 0) 0) 0)
"3 o -g ^ ^ "H
?■§
§°
U U U 0) 0) ~ ~
l4 0) W «
CM <n (H rH
CM <^«0 t>
a I
3 8|l|i §;
o- a
vo -^^tooo -^
•g ^o p o "A o ^o
CmiHCMIA rMlAi-l(H
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
109
fX4 M
U U
Q M
en
e
fii
t )
N
p ^
O to 5 -;
H « (5 ^
s ^ S t
.3 g::
q -^ 5-5
(u -»-> S ■
■Sills'! S
SS
"d a>
ll
^i e
S-g
11
03 -P I
I? i:
'::J '-' 1^ S
-(-» ft 01 8 ■
I"
\p CO U-\ CO
\o
oTfsTpi'cCto'
CT- CO in ^ 0\
ya r- *o -J to
vO ^ O
>f
t-- OJ n >f \0
(>ror^-
siqeo-pxddB 1.0N
'ncp^c>os >ot^
ui [«. ?>j 1-1 (N a* -J
) H O \0 VI
t~ iTi •-* <j\ <-i c^r^co
^ r^ S
^ in o
1 -J- O oj t-. f-i
D -^ O O' vO vO
•4- O r
a
■-< Q (M O O
rv o 'XI m m
fM n tfi m fv
to n -jr lO
OS rvi n OS
3
O ---« -^ 1-1 \D
CO ry <N >f vO
>j r^ OS \D ■-<
tn gs •-( OS
OS CM C^ p-
,IA
-sf 0> sD 0> OS
^ rH -si- .£)
aga-§
axqBofl^'^B %°H
OS CM sO vD r-
tn O vD C-
O -H >J CM
->t -t OS vO
OOmt>ri cosomm
sO'HOsfM'H rM>DsOOs
y3>fOsr~C~- OsC^.HtO
tD>fC-C^CM (MCMOOJ
mOs^COCO iHOSrHp-
osmr-cMCM -^\o-j-o
vfOfM-\t>iJ C-COCMCN
r-i ^ IJ. \£l ~t (SI rA ^ yO
>fir\rHOO tomvo-^
sfl VA \0 O r-t
cn OS m c~- -J-
n VM o CM c-
tOi-H^sDCM sOtOO'CO
Or-tCMCM^ CMvOin
O'OmiACO ojojr-i
tO-5>OCMC0 o>msf
^ •-* o r~ c^ in o
i \0 i-ttD (M CM t^
> >n r^ CO -^ CM rH
\ m \o -4 to ->i ij
m n » -sT c-
CD nj OS in OS
tn in to "-i nj
■>toosoDos c-too>
->H-s(-f^^ fMOsin
osinoo^cM in-vT-H
cnt-'HCM-^f C--'H-^
OC^flOOs-J tOiOO
:gas)
5 d S y
- ^ ^ -I in rH
J vO CM tn \D to
J CM o >0 m tjs
into-JC^C' sOtocMO
CMl>--ltO->T OiA>*Os
Or^CMO>0 OSCO-^CM
'SPJ
sDOrHCOO' c-osc--m
■-(irsOiHCM (nvOvOtO
CJsCOtDrHin ooso>o
m lA Ol CM CM
>1 vD H 'H t^
^ CM Pm
s to OS c^i
(M .-I
mC-CMOC*- fTiC^-HO'
sOiHininso 'Jinior'
Os^O'--*^Qs lAiAsOOs
incn\0\Oco vDvoossi
toop-c^tp oc-ina>
sO-.f<MOOs OO-HC^
-J-sOrHOC- vOsOD-C-
•^-^tOC^CM C^CMrH
insOOSf^P- r\l i-i r-t
tn OS r- C-- CM
• o o o o
■ o o o ^
• o ^ ^o
• -o o m
. O CM m CM
<B- O O O
O Q O O
(^ o o o o
0)0 ^ K ->
■a -.o o o
C <A rH CM m
01
0) (b B (
o o o c
o o o _
CM ic
■d 8^
8o-
o o o
11:
* o o o
O O m C-- >D I
•H -4 m CM in
sD to n ->!■ c^
to O* P- CO
CM O' <^ CM
O P- CM
SPlJ
m tn r\ >
r\ o r\
0"4 0
r^i -^ (^
OS -J- r^ ^
O P- Q
sO so O
o o to
in p- m <H
(*^ (^ OS P"
in r-J to CM
^ -J CM
^o o m m iH
O CM m CM to '■/> t
lie
•g io o o - . _ -. -
C>n<Hr\iin cMmr-tr
t3 *«■ fi-vytfi- 4fi4/>to-tJ
i^ u u
S(h 0) a> 1)
4) T> ■q -a
°-| § 3 §
«■ Q O O
ii ° ^"s ^-s _•> o Q o ^
•g ".o o o mo ~.a
CmiHfMiri cMinrHi-i
s tQ fJJ to CO f0-<O-CJ>C»
ll
o
G +3 ^
4> Cm c
SO CM -J-
CM CO 'J
CO NT rn
a"* cn OS*
« sp
I
no
8
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
o o t. •
?§
^li
1?
IS -8
S5 j:
S T)
o c
.5 I
01 O. ,_
3 n> I- T)
(0 -^ ■-. a -,
E- o at *- ^
a* AI Q c
^ -p iH i-i Q
J lA C- lA -J
5 c i-i ->f AJ
^ ^ sD -J >J
>H <C O CM TO
CM -^ r-( ^ tA
•i) >r u-i X fA
I c^ CM f
8 gS
S AJ fA CM
fA -sf r- (A
-T fATO lA
AJ O O^ (A f^
TO AJ lA P- AJ
O C- -* fA lA
30C--J ->ICMTO£ff>
J-JtA-i sDiA'ACT'CO
vO ^ 0* TO
spTO q; oo
F" ff '^ c- r^
S& AJ CMr-
»0 CA P- fA vO
lA >D r-\ f^ CM
AJ TO CM ON -A
lA -.# ^ tf>
CM (A to Q
p- r- A) >!<
'A Q C^ ^ f^
TO rH AJ >A .£)
<£) f\ 'T O Cf
J rH Q -^ a-
3 TO lA TO r-
TO vO (A CT* >0
c y S t^ C-
00 O "A C^ O
(A lA -J' lO "A
ON r- o^ \o fA
On TO AJ TO fA
O" ^ -fl r-t On
>t >0 AJ CM CA
-st tA TO CM TO
lA >0 O --t ^
O- -A TO C- r-t
<A •£) O O CM
O O (f tA Nf
(M AI AJ AJ AJ
^^?fi
aSSss
tA «0 TO r- fA
CM ^ >r ON ^
CM rH C^ rM lA
^0 'H AI O (A
gssgg
C^ >I TO TO ON
iSSSW;^
>J (M TO r- c-
p- Q lA O (A
vD TO TO r*- CM
nD O -A S O
AI (A fA t- r-
CM *A On AI TO
P- rH O- ^ >J
IISS?
CM (A TO TO P-
O CM AJ AJ n
Ov O- lA ^ c^
§SS5S
■n Ov >t p- o
Q TO O TO CM
CA TO nO On P-
nO On CO CA On
P- ^ TO ON rH
"^QZ)S
■SDOQ fl
lO --J O TO fA
-J- \0 AJ ON n
■A CO TO u-\ O
P- >f C^ rH TO
-4' C^ NO ON ON
lA CM r-l >0 CA
SO CM rH ^
rH fA AI On
H lA TO vO vj-
TO -f
TO O
O cS
tA c^ TO o a
CM (A -J- F- a
o CM t? a- c
I C> AI TO fA
fA Q <N (A
r-l lA O AJ
■A (A sO r^ >-<
AJ Q r^ <A S
-J O O -* O
nD P- rH CM CM
O "A On fA ON
TO O t^ r-H O
AI CM (A C
TO (A TO *
r-t On CM r
On ^
> nO On ^
O* fA O* On CM
CM O O rH P-
P- P- TO lA >0
-J- <A \0 o «o
> p-
(A TO
AJ TO •>* ON p-
CO sO -5 P- rH
(A AJ ON lA -4-
O ^ >J lA u
AI -sf -^ NO C
?C^ AJ ON
CM CTn AJ
-< CM >f (A
C- AI *0 O ^
O >A r-l ^I>
rH rH CM AI f^
(M On "A C- a-
> Q O (A (A
AI O rH :^ On
A) rH >!■ t^ O
TO CM t^ Q rH
tA nD -O ^ lA
CM P- CM TO -
3fM (A TO -
~* On -4 e
800 -^ (M Q r- c
:* lA AI 5 TO >J
(A <A »A ;A F Or
0« CA (A (A
lA ^ lA rH
TO P- >J ON
On TO O O "A
-* -A O CV On
On u-» \0 <N iA
-i) lA AI (A lO
.O TO O rH ^0
rH On 0« P- TO
s?;38
sssss
AJ Ai -J fA >A
O -^ <> t^ (A
C^ TO -O ^ «0
3 in 0% t»^ On
N CA AI TO -J
- rH CT- O AJ
lA ON ON AJ CM
p- r^ o t^ r*
-* ff> p- ^ ^
>t -4^ (-1 ,0 On
AI TO >A CA (A
C^ TO TO rH <A
>0 On lA f^ lA
o AI (A > a
AJ AI TO TO O
lO ON lA >* CM
> O o •>* p-
i-t r~t ^ ^
P- * ON O- P-
CA ON AJ •>! Q
O nO O- 0- fA
^ tf\ On ^ TO
3 E^ t^ >A (M
lA CM -i lA AJ
TO rH lA TO >r
TO \0 >r 'A AI
rH *A TO CM CM
TO CM (A TO P-
S§5SS
^gl2a
CM TO >I vj >0
ON P- fA fA C^
-sT NO P- AJ Q
p- rH >r rH i^
(A AI P- -A n
.O Q ON TO t^
iA NO e3 -o NO
TO CM ^ TO TO
CM
-J' (A -f < ^
TO O ON tn O
^ TO O fA O
■>r O ON H rH
rH -4^ CM rH (M
tA O NO P- 'f
TO P- >t O TO
-* S lA lA ON
TO -J- (A rH
o o t. g
rH •£> Q fA
TO ^ TO Op
CM O TO -3
O O O CM nD
On p- O ^ NO
TO lA m TO AI
CM >I ON TO TO
TO P- P- TO
ssas
lO rH (A rH -J
sS^sa
I TO -si rH TO
•A p. rH AI
nD CM -st On
(A O- ^ TO CA
1 S S c
?^
TO ON >A On
CM CM On (A rH
AJ TO AJ vO Ea
<A O rH TO P-
^0 tn -J rH
TO \D t^ to
P- rH "A vO ON
O »A TO TO ON
rH CM O rH rH
*A .O rH AJ O
fA rH AI CM
gSiSSS
TO S
P- -O C^ P-
ON C^
■A krt -^ AJ CM
^0 P- rH »A
P- O CT- >I
On O CM TO
lA --t ,D nD NO
>0 -O lA TO lA
lA (^ .^ lA to
CM AI TO ^ rH
-t \q ^O •-!
AI^CM^
ssgii
n rH P- f^ f^
p- ^ to r^ fA
•O ^ CM ON TO
-f vO Q nO «
tA fA lA ■^ U
2^5 2
So 5 5
o vi 8 ->
nD rH On On
§slsS
g^slg
CM CM On AJ
nO O St O
P- -* (A TO TO
nO P- TO P- AJ
ON TO ON TO CM
t^ P- TO >A
(A (M On rH
■sf NO TO nD
t^ fA CM TO rH
lA ON TO >0 On
CM (M
CM CM
rH vO fA CM
(A lO >0 TO
sD -A rH > fA
tf^ ^
I >A fA TO ^
-^ c^ p- "A
o fA ON r-
ON AI On xO O
NO rH O NO O
(M O On o ,f)
O" C^ 'J' TO CTi
lA >A AI (A AI
->f ->f TO \0 CO
TO AJ \0 ^ P-
O Q *A -} C^
rH O ON ON rH
P- (A \0 On rH
TO lA %0 On P-
rH rH CM TO TO
-vf C- nO (A O
CM TO .O (A (M
•O ^ TO fA lA
5 ^ -^ nO
3 O C^ TO
P- sT TO O TO
NO sO AI P- O
O fA fA lA P-
^ TO fA CM ON
3 CM ON On >0
nO CM P- rH
P- lA .O rH CA ^
CM lO rH ON -* -^
AI rH rH ^ -} lA
■■O -i O C
rH AJ CnTc
u-1 Q O lA >*
A( * sO rH tA
lA \0 CA CM CM
-st CM ^o -H g
^ TO NO -4- On
^ lA On -sj
ON On TO rH lA
AJ CM P- "A On
^ vO r- rH c
■N CM TO 3 t
5-5:
lA p- CM C On
0> TO rH (A \0
O -.J- nT TO >A
ai
1 TO O 1
-1 t^ 5 r
y -O fA f
\ AI {JN On t
3 iA Q On'c
r f-> ^ u-i c
oIto > S«
lA CM N lA TO
(A P- CM TO TO
rH >A TO -* P-
nO (A O P- o
ON 2;
R5
rH CM VO
P- CM CM S «A
•^ <A -.J CM rH
CM ON
to -sf
>t rH CM CM ON
CA ON p. P- fA
fA P- S CM -J-
lA P- P- >J ON
lA ;nJ (-\ to O-
p- to f^ ON TO
P- P- rH rH -O
sssgg
>A TO rH >t ■>*
vT lA lA 03 AJ
in >r p- lA P-
ON AJ rH CM ^
I HI -o ->
1 .9- 5 '"
!P::I'H5
P- CM O- •>! TO
fA -J TO rH ON
»• lA 00 On TO
o S S c
CM ->I On lA (A
CM lA (A ON p.
•O [^ O rH »A
>J TO O P- "A
^ O TO (M ■O
TO tA ffp AJ -sj
On ON (M \0 ^
rH (N "O
Q -O tA .O ^O
fA lA ^0 rH P-
>0 TO O >r TO
H AI TO "A 0>
>J jH lA -^ TO
-• S vj TO rH
C^ TO .O P' TO
SnO P- On >I
p- o> --t P-
ON AI On rH lA
O t^ C^ 'A O
■A rH ST %0 -A
rH On fA lO -O
On On O P- nO
lA CM TO \0 --f
TO O >t O fA
rH rH fA \0
»A CM TO lA ON
ON >f ~* On «0
-4 lA -J AJ rH
•O --f Q Q NO
TO lO CM AI C^
c^ [*■ (^ rH no
kA -* C^ >0 P-
tn "A Q fA -^I
(A AI as »A -O
O On P- •-» rH
t -i lA r
.. E
« 3
-1 CO %0 TO AI
3 >f "A ^ (N
^ O P- (A O
CM vl (A >0 O
t^ 6 ^ (A 5
^ O O P- >A
■1 O C^ "A lA
3 K to rH O
H rH O TO P-
H fA CM CM CA
§»
O
■a"
to u
a) -a c
So AJ
rH *»
■**"** t,
^ t-> o;
11§
^ Q O
t. t. tj -o -o
§§S2Q
88°';°
CM "A rH CM lA
«» ^» ■» *» ■»«■
H-a» V a;
»■ £ f-<
I- Q w
I ... g
SO CM
rH *<*
W CM -O -O C
OS I* O
Dl 01 o O O
« -o o o o
0> rH CM rfS rH
O O CM <A rH
O »**♦>■«
-44--^ ^ t. L.
lie
§o c
85
- oO "^
lA O O OJ •
CM "A rH H»- 0»
rSS"
00 O^ •■ -
O »A O O «S
rH CM >A rH CM
O Q O O
o S 8 °.
Q S
o _r
»Q QOCMlArH ^»^-t» 1
OAJ u^rH ^C.t.011
8
0)
ll
"op ^
H 4* *=f«^ I- I
I vyv^ 01 fk' w "CT TJ 7
>4)0)T3 "0-o333
^■«-S s 3 3 3?
?"8?
ba-«>«»-«>>-«- f*«»*»*?-«S- «9>-«9"«e-'«^'«e'
3..
to
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
o tM 5
■p o t, 5 ,
II
e-8
1^
tn CO "D ->
I? Is
CO u ^ o
3 0) C "O
I O 0) ft
& I •«
O Ch I
aid)'
a* "O 0) i B
11
1:
i
S-S Si
■HO) J --
*J p. 0) B -^
o a o « -
e-< o oj K
;. E
SI
lO lA
CM CM P' m t^
AJ rH CT- O
"n
lA c^
8SS?is^
TO CM AJ CM
-^ CM n
n -O TO o nj
>J r-< rH C^ CM
\0 0^ rH TO TO
to <> iH 0\
oJinvOiAO "ACMrHO
iA-*r-03* C^>A-^nj
-lr^Al>to c^Sc
HTOrHvD>0 OC^C
lA iH (3^ C^ C-
P- CM ^^ -^ 0
n lo TO *A c
p- m Oi -^
\0 TO TO ^
C> .£) P- "A
■4 \D O r
C* CM C^ O* CJ'
TO tH lA CM f-H
>t rl n rH O
^ P- lj> ■-* rH
m tn -J rH
C- P- iD ^
o» r^ TO CM tn
rH CM vD r>
AJ O --J- TO vO
<M C3> CM rg
m ^ tn r-l
C- P- TO CM O
2ssgf;
TO CM P- P^ cn
C >t CM CM
-D O P- rH CM
g f^ S ;J 'f^
^ m * P- rH
CM m O CM iH
lA O rH O
^ <n en CM H
CM CM AJ O^ 0\
m c>- CO CM o
c^ ^ ^ o o^
vO ON -^ p-
o tn o c-
iH TO -J rH
m p- rH tn ->t
O^ lA O O TO
P^\0 P^tO
CM>OCMtnO -J-tO-Or-
in CM TO rH in "A nH
tn O -H tn rH
^ CM rH
I CM p- -^ r-
tO O* CO o
O *0 "A CM
.H p- -^ m CM
TO tn rH Ov P-
ID ~t ~t a^ r-l
-J- o^ tn c-
CM CM CM O
C^ O CM vD in
TO r-l P- \0 ^
AJ CM CM iH
0> ■<■ C" TO
CM C^ sO "A
^ CM lO TO ^
> CM tn iO Al
H 0> CO TO m
Sen >n o
^ 'I ^3
CM \0 \0 \5
lA TO lA C^
Ov \0 *0 AJ
H cn t^ (^
lO CM rH ■£)
rH en TO o
CT» \0 ^ AJ
fH CM ^ CM H rH
CM o\ <n «o
cji *A (n m
rH CM C-
TO H o lA c^
tn P^ o^ tn CM
p- vO p- vj tn
vo "A -st TO en
tn m >i p- CM
rn-.! tn rH r^
^ TO O* tO rH
rH -J en -J- rH
»A CM tn >} o
al83^
rH tn m vo o»
(J* \o en CM <J>
r-l CM M rH
A) P- ON CJN
P- CM ^ H
."■ S '^ S 3
\o «o p- m to
to m o c^ ^
CM tn CO cv
>!■ ^ CM rH
\D \D P- ^ CM
CM -^ "A H CM
(3N c~- cn P- -J-
1 vO -J- rH
3 Q P- rH
3 TO ^ CM
Ai O cn tn AJ
ON m cn •>! t
TO CM (T> -* C
H \0 AJ in t
?cn \0 v£) rH
TO rH O C>
1 cn o CM o
p- cn CO vo I
lO (ji P^ lO
p- ON CM "A
P- O rH vO CM
rH CJN O Q 'A
CM o cn -5 cn
rH TO TO CM (JN
m p- p. o- \D
CM vO tn lA TO
sas?
J TO TO
- . . _N P- A»
-sT tn O TO rH
CM CM t^ TO (J>
rH rH <n >0 O
tn TO o 'A p-
rH rH cn CM CM
c^ o P- cn m
m r-( o^ m H
-J- -nT CM (M S
>f tn ^ ■o TO
TO S 5S
5f o "A tn
CM rH P- AJ >A
tn tn c^ >o -o
CM rH U-N p- lO
(M O TO VA ON
Q c- a c;^
-5 rH cn (n
rH >* rH c^
>r o cn -4- CM
sSilS
rH cn
«"> P- rH ON O
\0 tn TO -O IN
I rH TO >A TO
TO rH \p ■iJ
nD tn -5 t--
>£) vO nO tM t
CM -jr <^ --I
CM -O rH
C^ CM n t-- -4'
AJ Q P- <D "A
>A ^ O -J P-
H AJ tn cn p-
J P- Q lA CM
1 m -3 lA TO
in ON TO lA NO
p- p- n TO P-
rH >f vj- C> CM
(M CM CM NT TO
m u-i tn -^^ TO
ON rH cn CM TO
to -J CM AJ CM
TO ^ m p- TO
nO lA m rH TO
o tn tn o TO
-f CM (J> -J- cn
p lA m p- o
5 P- in rH rH
H iD CM cM CM
O TO -f P- ON
O ->t NO CM O
> On ON ON C^
J ya P- rH m
3 in CM CM in
ON C^ r-t --i- CM
[> CM O -J TO
P- CJN TO m CM
J (M ^
m lA \0 -J rH
vO m o CJ* O
cn no -.Tp- P^
3Q TO -O On
tn ^ ON cn
•^ lA CM tn t^
-J- TO nD -O P-
^ O CM ^■ -Nt
~0 P-" cm" rH
I TO p- cn <D
>j rH m in
NO CT- CM TO
3 rH lA On tn
f TO On ON ^•
^ ^ m C3y >r\
CM rH -J- r
> TO O nO TO
6 CM CD CM (N
«0 iA ^ rH
>t m vj nO O
SSsS
ISgsl
ON -f rH VJ3 >f
Sgps
SSSgg:
Sssrts
nD TO cn O rH
ON vo <n -J u
-* rH CM to C
no ^ m -.J- c
•o a^ c- CM '■o
O tn CM cn CM
-J- o r- TO NO
p- no cn TO in
lA p- in o no
cn no nO o o
■A CM tn CM p-
CO TO rH -J- CM
) AJ •>!; P- «
- AI ^ c^ 1
TO P- O CM P-
ON tn NO no p~
iM cn --J cn tn
1 c^ tn tn -nJ-
S CM nO tn C3N
> CM lA no CJN
"A lO CM O -O
lA p- CM ->J in
f\J CM o» tn O
>f NO rH O CM
ON
EJ
3.
^_
r^
\D ON C^ ON TO
NO ON NO nO >f
ssPfif;
P5§3S!
SSi^SS
>!■ CM CD "A rH
3§IH
-5 lA ON CM rH
CM rH AJ -^ cn
vO o\ c^ o to
NO 0> lO P^ P-
-J^ TO ON ^ CM
On AJ AJ P- TO
Rir\ ^ r^ ^
cn o lA nd
H tn lA o tn
1 t^ On C*- tjN
CM O
TO CM tn On lA
> lA rH -4- H
P- O O rH P
P O CM -N* CD
5- rH tn AJ lis
>A H -J- nO On
CM cn -J- CM TO
rH TO vT rH lA
TO rH >0 TO CM
•O On On lO lA
H --t O lO lO
tn C-- CM CM P-
>J O lA CO >t
TO TO CM CM
m o (^ >n
rH CM [^
nO P^ On TO TO
vD 2S -3^ A (T>
lA O [^ lO tn
vT >A rH Q m
ON C^ rH tn nO
-J -4- O m o
5 TO \p r
- TO O C
H H -3- C
lA CM NO nO NO
TO m rH P- ON
rH TO CM CM tn
p- ON >]■ r
CM rH t^ r
3S53S
CM -J- P- CM (Ti
8 0 CM f- TO
P- O S rH
^ > m P- On
rH m tn (^ p-
-4^ rH O nO O
Sp- o TO tn
S cn TO -st
TO ON C^ rH to
CM CM CM tn TO
t^ CM m TO -Nf
CM CM AJ \0 CM
-4 t^ CM (JN NO
P- -Nf -t Q CM
CM -^^ ON in p-
CM NO TO cn rH
C^ CM lA tn P-
m p- m -J- ON
cn (N TO CM -J
J lO t-^ On On
tn lO NO p* CO
-^ (^ <D <!
o c~ o- u
tn -J- c^ «
tn no tn NO "A
TO NO ^ tn ON
rH O TO tn CM
-J- >!■ O -1- CM
^ tn p- o
H*>t'-/c-^
tn c^ o NO CM
SON Np NO TO
TO -3 rH On
;8f!
3 e3\ Q
1 tN -5
TO AJ P- (JN nO
■O TO rH O NO
rH tn CM
I tn -4' m p-
tn O CM CM
nO o -^ -^
ON lA -4' (JN to
O -* lA CM TO
tjN P- CM CM P-
P- >r C^ AJ AJ
P- CM CM C3 On
o --r r- iA ON
H TO NO rH
H AI C- sf
:) e^ i> <j^
■i ■-{ r-i ,^ c\i
O On tn CM P-
NO <n c^ TO AI
•o rH rH ON tn
P- CO ON ~J l>
tn -J :* -J tn
-.f CM tn NA Nf
125,
210,
407,
068,
S;ia38
O tn TO NO rH
TO tn \0 nO nO
^
rH rH rH rH CM
""""2S
rH S CTV TV 5
o c^ <n lA to
tn ON »A (J. cn
(M cn nd c^ lA
CTi no (jN m tn
3 NO >t
4 -J O
\ C^ CM AJ CM
p- C-- TO CM c:^
■A nd -* cn NO
ON \0 CD On to
AJ O TO CM P-
O \0 nO CM nD
■A p^ NO tn vo
>t TO tn TO tn
-J cn -vt TO no
p- c^ o ->
nd m Q «
lA p. ^ 0
nO P- P- rH O
NO in rH CM -*
TO CM C^ rH in
ON >r c^ rH tn
«0 On St O p-
•^ cn -Nf ON NO
cn ON nO TO CM
O nO "A o m
NO r- -4- ON rH
1 On ^ TO -nJ
H rH CM "A NO
1 ^ O ^ ON
H -J nO rH rH
C aT -O no" P-"
tn p- p- p- r
CM lA to Q r
CM P- CM J\ t"
8QOQQO OO ^
go ogiAo- "AQO
J -SSI
>gg:
to Of c
«^.«J. u u> u
d) 03 03
<o a Q S Q
^■n 3 3 3
3 3 O Q o
o o 8 o o
. ->J K rH
i'8 R
-.5 5 5
O O iA O
..Sri A? .A-
to to to to to
o o ^o
Fi Fh F^ 1)
a. 0) Q) t3
■o -a t3 c
O -A g o >?
rH CM iA rH A
O O
m Si o
to oj o o g
at 73 o o o
u "Ago
OJ rH CM in rH
CM in ^
-■ F^ Fh
J. OJ o
3 § §
i o o
"• g o CN
NJ in rH *
» to «3
H (,4 L^ d
I) 0) 01 T
3 -a -d £
3§§ =
o o c
o o o
■S rH CM m rH CM iA
8S
rH CM
-to--**
So AI
o -t^-te-
o F,
•l f^ Fh U)
to CM tJ -tJ g
m 01 o g o
la xt g o o
CO o -
0 3 - ^g
i-, lA o O
01 rH CM m rH
[Na w-w> w3-t»
O O CM u
■«■-«■ t- I
03 C
t-. ti -O t
a> Qj g I
TD -a 3 ;
o o c
88c
.A-o8"S
CM lA rH -t* a>
■«--«e--«» F-
F-. O
(. Fh b OJ s
03 03 03 TS
-O -O tJ C Fh
g§|§o
o o
S8
3 O O
o o
O lA
111
112
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
s :
0) 8 —
1?
J
a> o I ■
3 I
Si
II
V o.
St
CO o
11
11?
■3^
" W t
o ta
& . -8
IJ
u -a
Q «
O u
Hi
i 11
3 I
* 2 I "
0) CO fi
jd'^ c -8
(no Ti '
g a S
St t
o <n
TO TO t^ ■>{
^ 3 W r-t
>0 TO if ■* CM
■O "O C- CM r-1
^ -5 (^ [^ (Ji
P 3 00 •'^ C^
o* TO r^ o '*^
m TO CM O CM
CM -J o CM tn
CM ^ CM ^ r^
m TO sD -i CM
>* TO -
4 -H C
TOinmnrH c^p-oow
^xDC-c^CM t^CMfnCpO*
f»\<nm.£ifM tJ^iHCMc^-j'
CM-OTOTOCT- (^•J'f^TOO^
OTO^TOm r~-inii)NjTO
I CM (^ c^ m
(^ m CM m
3335
CM t^ \o c^ -^
t^ C^ f^ CM f'i
vj c- r^ vo C-.
SCT^mc^CM 0'n(^ii)E*- sOVr-lxOrH
mCMTOiH rHC^OTOiH TOP^r^^TO
^-imr-ir^O* OO^^^ ^frff'iH'n
TO TO ** r-t f*^
O P- in (J> p-
CM ,-1 rH
TO >J vj a O
r-1 rt m ^ [H
c^ vf -1 n S
■^ CT> CM O^ CM
CM (3^ P- rH CM
O -f CM ^ CM
"J -i CM
H f*S P-
J A r-l S C
>o Q CM tn ^
*0 f*^ -^ ^ Cm
■^ nj it o Q
ij O CM rH C
0> P- ^ f^ C
m C^ TO TO C
^O o o^ ff- in
f^ TO f^ TO (^
it TO r- O TO
p. >t O^ C^ C^
-H O Ti -,t S
O i*! CM CM S
ov ij ij c^ t^
t-t >0 TO c^ t^
lO P- O TO m
? TO m >
5 en 5 CM
Sin .H p- vO
.-( m S TO
o CM nj o O
n -^ TO TO CM
(M TO en c^ o
c^ >o o eo ^J
•^ TO TO O TO
p. in m ^ Q
P- (^ iH TO ri
■^ f^ (^ \0 ^
J 3 S c
3 if P- 1
- jP CTi O *1
OCMOf^ TOiJO^QCM (^CMO>OC
P-vOrH»0 'OOO'^'O HC^CMinf
rHf^-^o i*iinp-ijTO CNj-.in>oP
sO o ni TO
TO p- CM n
CM "O iD O
-■ rH ^ Q C
0 CM it in r
D C •£) r-) r
I rH c^ f^ m
CM <n m so
CM <^ -o p-
O* *^ »0 rH CM
p- r^ p- iD nj
O ^ >D CT- (N
TO P- -J it if
Pf^ [^ CM in
C P- p- O
TO TO >H TO >0
r^ TO it O CM
TO .-I p- -5 en
^ c^ CM in ff-
iH \p ^ O
it -5 c^ CM
i-i c^ >c rH
<^ CM CM CT'
it P* m CM
^ iK r- s
CM m 1* P- CM
CM r- ij m t^
TO (^ r-( CM O
CM CM CM rH r^
O P- to O TO
\p tn vO 5 CM
(^ ^ ^0 in CM
in o- p- r- TO
^ vO c^ ^0 "
(^ r-t i-t TO U
lO m S (^ P
sap:;
rH -^ m ^ r
"n o c^ o e
CM CM r^ iH
<n p- (T t*- CM
<£ s in it iH
In en 1* "A 1*
m \o o CM -}
rK O C> s
m c^ t* (M p-
sHsS
TO m r- CD r-i
O^ en it v5 CM
CM ^ t^ p- m
&^3SS
S!5if:pg
en m ij TO m
m it ;5 m ff.
nj CD It fn nj
o "^ c? p- S
ni it ^ it ^
in It ,o it p-
iStaS'^'^
m (7- TO rH TO
sis'^
m ij (M p- TO
:^ ni CM CM .-1
C en sO CM TO
TO CM P- m r
r m as o e
m it lO it P-
^ to CT- <^ r
^ TO CM (n f
TO <n in \o t^
rH |P-<nm>C ina>TO(MrH
(Ti r-<innjp- OCMO«.-icM
.HTOO^ |'^ocM1t<^
3 'H \0 TO
^ CO m it
CM <5
f t^ it (^
) >£) to ^
> p. o (J^
(^ to r
TO ■^ c
TO -J <■
H^OO* itOicnOTO >OrnoTOit
if^tn in\D«rHit TOtnr^oc^
s)r-<<0 CMCMrH>OP- p-a-ioSBm
DTOtn CT'iHCT'cH'O O O' 'O f^ •-*
— ~ initiOScn ^^00^00
CM^O^^ro OTO^P-CR
itstmncM cnrHWiHCM
t TO vO
TO C en H >o
m :^ (^ o CM
f^ it so ^ 0^
t^ o^ nj tn »■
'^TO'OitO' r-^^OC^TOt^
fnnJ(nc^\p cvi-^itmm
TO«nmTO>n OOTOTOTO
>£ TO nj r4 M
P- m -^ S t
C^ CM c3 CM M
CM •£> CM rt r
CM it Q \0 <■
cn en If CM c
^ ^ >o -^ «
>t it P- O f
m ^ m M -t
m CM TO o sp
It tn m rM -5
TO C^ TO CM CM
it CM \0 m in
(^ p" TO -D i-t
m TO ^ CM CM
(n m in <> tn
lA P- ^ p. CM
as O -n en rH
TO m in in ^
M en en
m in sO ^ TO
TO m It en r^
•n TO pi en lo
a) IN <n f^ (^
OJ (^ (^ V* >}
■vf (^ Q vo tn
ry ^. ?^ .O OJ
581
765
1,473
3,796
3,363
5,635
5,207
6,763
9,473
8,201
8,912
5,245
4,765
3,520
3,231
m CM O O^ sO
OS 0> nj c^ pi
O CM en it 00
3TO TO m o>
sO c^ CM r-l
^ sD it a« it
I CM en c> Q
H O it O
S TO CM C^
^ m CM so
it CM sD P-
^ ri CM
P- TO *^ <n en
m en CM i-H O
:^ o OS K rH
Q r-TcM C^ rH
^ TO lO O CM
in p- OS S O
t f^ CM
D sO it
3 TO en
I m en Q c
ffi in in r
if CM o Q i-i
Os i-t so en y?
P- sO en OS P-
m csj if tn sD
TO CM C^ "n rH
sO sD sO sD CM
t^ in \o CM O
O en ^ yj -5
r CTs en if it
J tn rH CM -^
i<H O so c^
8sOtnr-l CM^r-ICMrH
CMi-iS oosjjp^in
iHcnos oososm-^
CSi O P- O t^
O rH >-• TO it
SO f^ -H CM -^
TO in in so TO
c^ r- rH so -o
m CM iH it m
0^ C-- TO ^ P-
^3 o en m in
TO Csi P- it CM
c^ m p- ^ -^
c^ o c^ o c^
CM TO {Js lO CM
p- o ^ o c
C^ \D rH O M
ss =
TO o c^ ;
C^tf. p- M
p- It p- c^ ^■
Os C O (Js Q
it it «A sO CR
if OS O CM C
-J Q O -J- u
ij in cf tjs sj
en en sO sO o
.-< CM r-t (M OS
it CT- so m TO
g en m m p-
(N e^ O c^ it
TO TO TO P- O
sO it -O P- sO
\D en Os C' in
P- ^0 TO O C"
m tn ^0 OS lO
>o m OS OS m
TO TO CM O TO
<n o n r^ TO
<n m t-- >o <n
so f*i o 3 ci
It so CM 'n m
53S3S
m p. r-( fn t^
P- sO TO O Oi
J O OS r
Jjt >H OS 1
O Q Q (^
^ in TO OS
STO CD
it •$
J en o w P-
S« TO (7s Os
TO en CM en
- In in CM #
% en o p. OS
en sO TO TO O^
nj CM E^ en I'-
TO sO OS c <■
-C3TOsO Qp— •"^•OO
■ssOsO^P ©OCM^en
jpiQ^ ocnosom
CM CM C^ en it
<js -^ en e^ CM
<n o n OS OS
P- TO in rH P-
CM o en o oo
o en en cR «n
1 (^ it TO m
5S3S
Q ^ e^ m en
O O m en CM
y JS lO TO m
r^ejs'p^o f-T
r^ in in ,-■ rH
CM OS TO m in
3 if m TO m
stasis
in o CJs O- ij
O 'J fM -O m
SS^Ss
sO sO r-t «n en
-H r^ <n P- if
§SS3q!
SRSiSS
1* TO r^ CM C^
3S3Sa
in o so so c^
TO oS O CM rn
CM CM CM r-H rH
TO TO TO OS Os
S3?
>n Q it c- o
in rS o O- V
O it t^ -O -J
r rH OS Q
^ OS > 3S
^ OS P- ij
OS nj 1* Os c^
if en CO o >t
Os CM O O- O
CM O t^ (^ en
CM nj OS If p-
sO rH -* O TO
g?Sg§
CM P- Oi it it
iss§s
^ rt CM -o »n
CM o TO en tn
m (n en t^ in
S3;
Si-t c^ c^ If)
TO TO rsj ^
O >* sO <H Os
m o os'\,
^ rt Os -
TO en OS u
r it p- ^ c
\ in vo c^ c
s OS \p c^
■i Os -J m
^ OS in it
I p- TO CM en
t- in TO n
Q ^ rH m 1
Q sO (D <n c
en o in cr r
TO sO O O- 0>
sO O OS O TO fi
CM in en Os m -t^
TO sD sO CM CM
rHTOO-OiJ OC^OsCM--t
C\JrHinCii-| CM^i-I^CM
P-TOf^-OrH P-TOiOe^P-
CM TO >0
it pi —
O- (Ti
W TO -3
^sOrHTOiH OsTOTOrtCM
e^itsOCMin P-P-OsencM
lOP-rHsOm oencnTOO
sOOsOi^DCM enijitsj
men OsOs CM-OTOr
ot CM CM H <H r
sgssg
gsigg
TO so sO TO en
•OS CM m C^ Q
CM t^ ■* so tfS
■^ O* CO en CO
■A rH Q CM P-
cn r^ lis if CM
It (Js en O 't
%0 rH CM CM «n
sO :* m sO Os
^ 5o M so
if in it Oi en
it CM if OS c^
TO sO m sO Os
m vO e^ it CM
r- CJs CM it P-
rH TO rg ^ r-
m CM t^ TO en
S CM S TO 3
5SS2§
sF rH nj CM t--
r- t-- TO o f^
if -O ^ O rH
if CM >t Os <7-
mgosTOCD osenmitos c^spoc
osTOOOsm lOiotn-^en -j-^?M'
»<3 mS
Q <D ^
S3-*
« ■*-> s
§g,
«»-l» ^ Ih (.
t< I" ■« -a ^
^^§§§
§§5.QQ
- »o sn
in o O CM •
(M -A r-« -»» OJ
U O
L< (< (h O! B
01 1> U ^
T> -O TJ C t.
§§g§°
o" in o" 8 S
«»- «» «^ W^ 4^
SO CM
S»'!
(h moo
t, n -o -a -o
§§ooo
S?8<
CM m r
- -a'S
>A Q O CM
CM >n r-Ci^
L. O
L. (. (4 oj e
« 0) aj 13
T3 -O -O C t.
§§§§ =
O •ng'o R
SO CM
r-« «<^
. in oj 01 -a
■-* n CM TJ -o c
o 3 » «Q
h tn o S
4» ^ CM uS ^
c^ «mn/^^^
«»«i»- £. (. b
ti t. T3 •g TJ
§§ooo
m Q O oi -
CM m rH 4* a>
t- O
t< L. u oj e
■D -O -O C ti
^^ 3 O
s§;
*»*9- -«■<«■«»
§§§
O in 0*0 m
«» «» 4» «|> «»
u
Pi H
Ci] CO
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
£■,
■8?
^ £«
i
li
-7-
■3S !■
o e _ ..
E- O 01 ^-
li
o tn
o <;-<
5 :
• «
; 0) cj 2 -*
■ C. 0^ F *
J.
«--S' is
SI" si
I O * (O «o
Ov 0\ O O^
^ c^ as (*^
S' >0 CT- CM
si CM :i (p
O CM ci^ in
I c^ o o m
t^ PS rH \0
CO si CM rH
rH O si m si
-J C^ rH to CM
CM si si o cn
Ov CM CO 0^
C^ m M3 >i
r- rH CM tft
CM CO -^^ O CM
C-- -•* CM Q CT-
\0 « *n rS rH
Ox 00 \0 CM
CJ> (^ rH o
rH (JX to >
CO m o CO si
CM r^ ^ CO -J
CM CM rH
m c \0 CO ^
rH rH m t» ox
rH o m %0 CM
(Jx CM CO m CM
■^ c^ CM r- CO
•o a* »o (Jx t*-
to CO CM CO CM
P- to CM to to
(jv t^ <n .o t--
CO xo in c- I
-^ CO O CO
CM CM O CO
D- m (O c^ xo
CO CO o in in
O m [s. UO rH
Ox o m Ox p-
p- O^ -n CM
Ox (^ ic> m to
(s- (O O P- rH
CM CM P- O C^
\D xO CM P- CO
to -* Ox m
m vn CM o
(O rH rH CO
^ Cxi rH p- c^
5 si to ~j in
m CM CM C^
xo in CO xo m
o c^ o to o
xO xO CM P- rH
\0 C^ CO CO I
CM CO CO rH
vO si p- ox
CO Q to c:^ rH
m S Ox rH si
xO •O CM C*- CO
-J rH -I t^ CO
I CO m p. O
1 to eg m to
to CO CM C
rH CO m g
I \0 xO CO C
rH »n p- o c^
CM CO ox O^ si
iri c^ o P- to
D m xo C^
5 rH C^ xO
S xO O si
m CO rH c^ to
ox xD st CO P^
tj^ t^ >r, ^ rH
sfco-J-mc^ siiomp-
rHtO-J-rHtO mCOOXCO
rHO-rHOP- xOCMOf^
CMCMxDOxO COOCOtO
to xo Q t*^ s
m CO sf o c
O ic> O -J C
CO rH CM r-
xO rH to C-
CO ^ CM O tp
CO c5 \o c~- in
p. C- CO S CO
J in c
tomOCOO xOxOOx^DsI
rHCJimOCS CMrHC^-5>0
irxsip-SSift P-sisiP~-^
p- p- CO CO t
CM m o
CM t>- -3
CO\0 rH-^rHsI^ COxOW
CMCM CM-}(JxtOxfi c^m^
P-rH tOC-COC-CO t^ <-i r-
P- Ox CO l> sf
CM C^ rH CM S
CO Cxi ■•O xO 00
aiqBOTT'^dB i.on
Q rH ox CD
SgS^i
HSsi
C^ CO CO Cjx
to O m vo
Q to O -!■ si
nS to CM P- t^
O -I to -J- rH
m cxj 00 Q "A
TO CM 3 .O rH
rH CM t^
00 to si CO m
rH rH CM
;^ss5g
iSsS
l^ssS
SS^sS
«n rH O m
ox ^ m CO si
3 ^ CM to ^
sj CO P- si m
CM ox CM O *n
r- 00 (J> CM P-
xOOxp-rHin cMommsi cmxDxoqc^
CJxxOOrHtO 0^xOrH>IOX C^COtOOrH
sIrH?SNsI rHCOCMOxxO xOCOQCOsI
CO0l\0(^rH TlP^CMCMrH OCOP-CDxO
i-{ CMxOr- »riCO(OCOC^ WmcOiACM
CM ICA O (3x CO
>n -* CM ^ CM
t^ <^ :^ ri -^
CM p- CO S in
m CO o "n >
?^ to si \0
I> O rH CM
H rH CM (O C-
m xD P- •£> to
CO xD ^ xO O
r-i C\l \0 •-* if'
^ in o> CM xo
cxjmcMOrH -loxxosim
rHsICOCOtO CMxOOXi^iO
(jxp-mcMCM rxjotocoto
3 xO ^- CM
p«. Ox CO xo in
CO P-- si \X) iri
C^ m ^ \D Ox
rH lO CM liJ to
m xo CM CO p-
O C^ (O rH ^
CO CM (O m c
O \0 rH '
?CM to r
CO xD C
OX C3 xD t
P- CO Ox c
3XqB3TiddB lOH
CO CM CO :i rH
xO lA rH CA CO
-I CD CM si \0
sTi
I O to O CO
O m CM CO
CM CO CM to
P- Ox xO rH CM
CO \D [s- to vO
st O si si O
(O CO c^ CM
H CO rH to m
> CM CM m xO
3 m si in to
sT -I sf CO Cxj
CM r- ^ p- CM
CD rH xO -I CM
O CO to to CM
J -3 OX r
H to O C"
H CO in u
m o xD to o
O rH -5 P- Q
CM O CO P- in
c^ CM sr CO o
§§sSs
S"PSS
CM CO mCO rH
488
393
547
678
2,838
CO ^ m xo CO
O c^ m p- si
«o m CM xoco
t^ i-( OJ %I fvj
S !h ^^ O S
CO CO CM si CO
rH to CM Ol rH
vO p^ o to o
CO xO xO P- CO
P- xO C5 st ox
O xO "^ rH O
rH CM CT- CO CO
!> K S O °
CD ox m rH m
CM r~ rH CM ox
^ "
CM rH CM CM CM
si CO si iJD Q
>0 ■£! rH -^^ f^
S2SI?
c^ xo CO -* 'I
I ro [^ sj o
O C^ 5 >n
«n CO Ox {^ H
<n to ox *D S
- - O 5 CM
rH \o g r
in f. c
CD to •£! CM
^ CO CM CM
) CM si 00 r^
- to CM C3 CO
I CO st Ox -
CO lO CM C
c^ o si -
CM m CM CM Ox
to Ox CM P- CM
CO CO si xO OX
P- (O CM CM
rH > CO s*
CxJ to P- xD
ox (O to C
CM rH si £
m ^ -J r
CO xD xO ■.J uo
CM OJ xO CM m
0> Ox -4 m CM
st xD c^ r- C
Oj rH CM rH O
rH xD xD rH O
CM O O XO in
rH CO p^ -3- m
m H -I ^ to
ox O CO -4- CM
sssssi
assss
^s-^as
rH CO CO P- P-
Ox CO to CO CO
O 00 P- OX O
X 3 O CM rH
to Q O Q CM
O Oi CM ^
4 CM [*•
to ^ m -J r
CO CO ox -I t^
-I CM r
rH CO M
CM to r
CD sf CO m CM
CM P- to CO P-
tO xO rH Ox P-
H CO si ro H
S CM CD OX S
to to Ox st >J
o to to (^ CM
CO to 00 rH CO
0> P- xO P- CJx
Ox Ox -O O "
si m 00 -5 0
CM OO rH CM r
2,454
19,272
10,543
11,088
10,454
4,394
2,044
955
307
134
sa'^s"
22,355
25,569
45,210
69,414
61,997
60,794
53,130
31,570
28,325
43,499
61,623
37,274
> 58, 956
6,887
CO O xO CO
CM rH P- Q t--
-J o *n in to
« £> ox m Ox
S ox CO m (D
si CM m CM *
li^ ^ ? )0
CO rH CM <^
si O rH CO
m 00 si o m
rH CO xO ^ ox
rH Ox O si rH
,272
,025
523
,850
255
1 p- in p- to
xD CO si CO O
CO O CM CO CM
x£) <M rH m rH
rH xO to to O
C^ rH -^ O
CO S ox Ox
O US CD m xD
p- m p- xo CM
P- CO OJ xO CM
CO CO xD CO rH
CO OX in p- CO
CO -4- 00 si st
CM rH CO to r
rH xD xD m tJ
Ox xO P" (^ C^
rH P- <> P- rH
CO P- OX in CM
^ S Ch C
to xO P- ^ C--
st xD CM m to
rH to p- o r-
(O O [s- xO (^
^ CO xD xO CM
- 'I CO CM si
r- -J CO to O
D O CM CO CO
xj O Ox to CD
D OX O CO CO
5 CM to si ^
rH xO P- O
P- xO O P- si
si lA si m CO
Ox O P- O C3X
r- xD o o> p-
O ox cxj ^ in
ox rxj O CD P-
^ CO O rH CM
H Ox CO O CM
\ ^ to ox CM
P- CM CM O m
rH ox CM CM to
si to CM CO rH
m CM CO CM -^^
rH rH vO CM P^
rH C^ CO st rH
Q O CM
„ iK rH H»-
o '-
•> U U Oi
- m O; UJ "O
ca CM T3 "O C
O O CM m r-
O "-tfi- ■*(*■«
U t^ T3 X! X
CU <U C B (
•o -a 3 3 ;
3 3 Q o c
S^O CM
i-i ■«*
) o CM m rH ■«©■■<»■*» i-k
■\ r-\ fh fh t. 01 e
>«)- L. t< li 01 01 01 T]
...... T3 -a T] c t.
C O O -x - -Q Q C
o 3 - -Q Q Q o in c
fH moo !f\Q-^-
OJrHCMiOrH CMiArHCMlC
8§8«
^ CD O u
>J lA rH C
Ui f-, -O -O V
Q O S
O Q O O O
§§§^
i§§
liSa »-- omQOK
Cxjin^HCMm rHCMinrHCM
0) 01 -o
uj 111 -n "O o
0 -«> to-v
«»-^ %. U I
Ot 01 a
t. (-. -O -O T
01 OJ e B [
•o TJ 9 3 ;
g o c
■> o o
01 ri CM m rH
8S
o c
88
SO f
•-i «
i
U OJ 01 -c
3§§ =
5 o o
113
Hft-<*-«»-«»*9- -»>«? »>■»<»
114
H o
< o
5 I
U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
> a
a V
s t
01 o
i 5 i
5 £ £
•a tn -o
E-" O 01 C
O 03
& 1 -fi
o tM £
a I 09 3 -^
0) "o 01 5 ""
> a >> £ Jt
(S-S
OJ to S
^ 2 t-
e-8
5S
8
i t
iS-8
aj .« .^ ■
0) 3
N
^
^
^
f5
§S
z
M a
^
13
I in <n Q r
to o in r
O fNi tn u
lA OS
r^, ^o <-{ r~
-4- ou ->f c-
m {> o o- OS
o* o* H CM m
ry r^ lO -st (^
c« ri cy csj OJ
-1 OJ (^ m to
O f- U^ ^ Ov
to OS c^ ^r f^
f^ p- -* f^ >n
O sD
rH 0»
to to (N .H f-t sO 'H
r-< 00 O- "T, rsj OJ -3
\D 00 "n m \0 - — -. — . CO to
I -^ nj so OS
c<i o rr\ ir\
lA f=S m to
f i?\ r^ n
b IJy O O
to o f^
[^ OJ OS
•4- rH OJ
S OJ S §
rH ^ OJ sO
C- OS
00 <n
OJ lO
« (n r-( c
rH -.J S C
(-> OS f-
rH OS OS
O -sf
§00 OS OJ
1 ggs
<SI 1
r-i '-'
rH n r- c^ m
in
y£) ■■a \o
OJ
m
^^ u u u
(U m 01
-■ t^ 13 tj "^
"q O OJ
g as rH ■«■
§9§^
:i»a
»«»-«» ■«**»
rH OJ >n ^
- N rH OJ
5 ;^
rH OJ
« p
" g
0)
J5 0)
0) p
0) O
a 5 .
(- 4-
o c
HI > a
o E
q b{) 0
e 5;
O BO
t4 -3 t*
t^ ■ 0) ft)
O V -H W
33:2 I
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
115
ACTIVE CORPORATIONS IN MAKUFACTURmO AND WHOLESALE AMD RETAIL TRADE
Table 30.-
-NUMBER OF RETURNS, BUSINESS RECEIPTS, TOTAL ASSETS, AND INVENTORIES FOR MANUFACTURING AND WHOLESALE AND RETAIL TRADE,
BY RETURNS WITH AND WITHOUT INVENTORY DATA
Industry
Returns with and without beginning- and
end-of-year inventory data
Number of
returns
Business
receipts
(Thouaand
dollars)
Total
assets
(Thouiand
dotlara)
Inventory,
end-of-year
(Thoumand
dollar a)
Returns with both beginning- and end-of-year inventory data
Number of
returns
Business
receipts
(Thouaartd
dollar a)
Total
assets
(Thouamd
dollara)
Inventory,
beginning-
of-year
(Thouaand
dollara)
Inventory,
end-of-year
(Thouaand
dollara)
(1)
(2)
(3)
U)
(5)
C6)
C7)
(8)
(9)
Manufacturing , total
Beverage industries
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other finished products made from fabrics and
sijnilar materials
Lumber and wood products, except furniture
Furniture and fixtures
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Petroleum refining and related industries
Rubber and miscellaneous plastics products
Leather and leather products
Stone, clay, and glass products
Primary metal industries
Fabricated (netal products, (including ordnance), except
machinery and transportation equipment ,
Machinery, except electrical and transportation equipment
Electrical machinery, equipment, and supplies
Transportation equipment, except motor vehicles
Motor vehicles and motor vehicle equipment
Professional, scientific, and controlling instruments;
photographic and optical goods; watches and clocks
Other manufacturing industries
Wholesale and retail trade, total
Wholesale trade
Groceries and related products
Electrical goods, hardware, and plujnbing and heating
equipment and supplies ,
Other wholesalers
Retail trade
Food
General merchandise
Apparel and accessories
Furniture, home furnishings, and equipment
Automotive dealers and gasoline service stations
Eating and drinking places
Building materials, hardware, and farm equipment
Other retail stores
Wholesale and retail trade not allocable
156,297
356, 972, M9
252,U4,2A7
54,798,833
11A,481
336,977,946
240,760,169
47,667,810
52,285,557
2,941
15,530
204
5,706
16,287
7,963
5,832
3,236
18,706
8,226
828
3,932
2,711
6,884
3,655
14,690
16,275
6,593
2,076
1,292
2,730
10,000
3,215,474
50,112,468
4,817,872
14,196,673
11,843,834
7,193,236
4,945,371
11,579,374
12,238,036
26,065,022
36,004,854
7,737,607
3,907,359
10,531,391
27,194,223
18,712,082
24,938,517
22,500,260
16,465,594
24,273,354
6,200,826
7,249,222
5,248,563
18,010,406
3,306,120
8,929,065
4,507,669
5,333,283
2,449,833
9,977,017
3,1A6,432
23,202,242
39,748,483
4,906,503
1,843,319
8,713,029
26,282,013
U,772,597
20,137,931
1A,300,144
9,694,529
16,561,217
4,545,251
4,518,551
1,294,553
4,219,545
2,458,927
2,536,652
1,711,618
1,063,028
721,055
1,397,097
953,126
3,890,493
3,241,845
1,310,409
627,798
1,332,475
5,051,288
3,229,107
5,959,678
3,983,710
3,837,825
3,382,363
1,343,802
1,252,439
2,502
12,086
191
4,392
10,738
5,615
4,861
2,459
10,578
6,242
601
2,821
2,284
5,437
3,024
11,657
12,015
4,955
1,411
1,093
2,186
7,278
7,904,532
47,242, 5U
4,812,130
13,213,570
10,643,605
6,563,944
4,652,089
10,556,289
10,707,611
25,146,329
34,793,717
7,406,606
3,675,895
9,782,595
26,215,637
17,597,557
23,301,741
21, 668, 271
13,683,333
24,136,311
5,865,097
6,853,526
5,104,518
17,040,156
3,300,954
8,330,533
4,131,154
4,933,070
2,314,204
9,168,797
7,180,250
22,573,612
38,747,619
4,730,058
1,762,393
8,250,244
25,575,166
11,186,615
19,385,308
13,850,656
8,059,174
16,499,784
4,337,2&i
4,248,135
1,183,019
3,374,403
2,346,777
2,235,890
1,387,123
897,061
623,824
1,170,114
827,834
3,473,001
2,932,400
1,137,602
549,943
1,116,234
4,820,532
2,868,565
5,043,798
3,334,329
2,828,647
2,766,318
1,128,293
1,066,543
1,267,449
3,982,843
2,457,867
2,417,983
1,623,407
1,011,090
694,821
1,294,771
914,904
3,803,308
3,129,321
1,276,364
607,680
1,265,718
4,911,865
3,099,370
5,793,305
3,858,641
3,022,664
3,363,773
1,233,007
1,199,406
252,867,764
87,556,508
219,792,799
24,645,557
109,648
12,870
11,613
85,165
199,624
14,009
13,153
24,138
20,099
35,681
28,826
21,485
42,233
25,445
124,124,376
22,365,266
11,723,310
90,030,300
118,156,300
28,302,003
, 23,656,304
7,716,537
5,484,531
29,232,114
4,922,001
7,488,628
11,354,182
10,587,088
40,988,393
3,974,427
4,417,646
32,596,825
42,081,873
5,185,368
12,526,114
3,523,553
3,204,448
6,805,578
1,771,152
3,830,454
5,234,712
4,485,731
11,774,399
1,151,413
1,641,454
8,982,027
13,669,677
1,631,699
3,531,635
1,390,708
955,953
2,773,495
132,938
1,471,292
1,726,957
1,259,708
71,034
8,407
3,527
54,100
149,724
10,052
9,563
19,301
15,797
27,248
17,461
17,818
32,484
15,737
106,943,991
19,262,854
10,515,930
77,165,207
103,491,859
21,879,024
22,846,235
7,061,360
4, 740, 834
26,161,605
3,944,489
6,758,465
10,099,347
9,356,949
34,832,799
3,386,329
3,973,127
27,473,343
37,936,496
4,243,135
12,200,191
3,245,123
2,841,530
6,026,314
1,361,252
3,431,380
4,537,471
3,979,215
10,291,073
1,047,102
1,402,957
7,841,014
11,660,187
1,223,534
3,220,537
1,209,292
796,292
2,368,192
111,863
1,265,344
1,465,083
1,076,613
11,020,128
1,075,246
1,559,584
3,385,298
12,444,360
1,286,920
3,489,781
1,281,271
853,168
2,484,515
116,307
1,355,025
1,577,373
1,131,069
Returns with only beginning-of-year
inventory data
Industry
Number
of
returns
Business
receipts
(Thoutmid
dollara)
Total
assets
(Thouaand
dollara)
Inventory J
beginning-
of-year
(Thouaand
dollara)
Returns with only end-of-year inventory
Number
of
returns
Business
receipts
(Thouaand
dollara)
Total
assets
(Thouaartd
dollara)
Inventory,
end-of-
year
(Thouaand
dollara)
Returns with no inventory
data reported
Number
of
returns
Business
receipts
(Thouaand
dollara)
Total
assets
(Thouaand
dollara)
(10)
(11)
(12)
(13)
(14)
(15)
(16)
(17)
(13)
(19)
(20)
Manufacturing, total
Beverage industries
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other finished products made from fabrics and
similar materials
Lumber and wood products, except furniture
Furniture and fixtures
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products ,
Petroleum refining and related industries
Rubber and miscellaneous plastics products
Leather and leather products
Stone, clay, and glass products
Primary metal industries
Fabricated metal products, (including ordnance), except
machinery and transportation equipment
Machinery, except electrical and transportation equipment
Electrical machinery, equipment, and supplies
Transportation equipment, except motor vehicles
Motor vehicles and motor vehicle equipment
Professional, scientific, and controlling instruments;
photographic and optical goods; watches and clocks
Other manufacturing industries
Wholesale and retail trade, total
Wholesale trade
Groceries and related products.
Electrical goods, hardware, and plumbing and heating
equipment and supplies
Other wholesalers
Retail trade
Food
General merchandise
Apparel and accessories
Furniture, home furnishings, and equipment
Automotive dealers and gasoline service stations
Eating and drinking places
Building materials, hardware, and farm equipment
Other retail stores
Wholesale and retail trade not allocable
547,012
251,253
13,256
13,304,298
9,058,259
2,513,276
(M
466
(M
764
280
(M
534
204
(M
299
477
(M
231,513
1,239
(1)
121,551
60,909
(M
90,546
27,626
(M
49,984
90,311
(M
38,9o9
(')
56,378
671
(M
31,402
48,003
(M
44,366
35,208
(M
40,190
75,389
(M
19,703
(M
17,408
596
(M
36,382
14,495
(1)
10,876
3,770
(M
15,668
32,931
(M
(M
1,898,891
(')
619,950
563,940
315,277
224,449
653,415
547,984
601,593
(M
196,786
160,234
503,313
(M
715,415
640,922
499,140
2,528,361
(M
295,332
243,391
(M
805,927
(1)
406,734
230,164
215,491
106,333
735,333
396,486
547,357
(M
136,777
62,452
359,470
(M
419,096
552,330
357,356
1,596,245
(M
194,240
212,281
(M
236,702
(')
118,669
88,211
51,938
26,234
102,326
38,222
87,185
(M
34,045
20,118
66,757
(h
129,237
165,873
125,069
815,161
(')
55,795
53,033
(M
1,591
794
3,434
1,300
438
393
6,351
948
(M
532
(M
643
412
1,443
2,525
913
241
(>)
282
1,438
(M
739,548
266,198
514,738
253,106
51,054
256,279
391,895
289,469
(f)
124,686
(M
264,637
116,661
349,126
405,O;3
301,243
236,892
(')
34,440
113,336
(M
107,945
102,883
114,949
136,719
20,148
33,084
524,830
46,065
(')
31,939
(^)
34,779
94,562
126,696
124,404
73,616
26,069
(M
6,079
33,432
1,785,317
599,315
6,252,460
2,058,727
50,866
3,956,223
2,957
385
(M
2,399
5,272
565
467
462
369
737
1,575
294
803
932
1,103,453
268,037
(M
794,747
620,342
127,755
33,463
58,101
30,085
184,095
98,544
35,073
53,226
61,522
304,408
42,603
(^)
219,949
247,291
19,363
25,594
15,358
27,587
69,014
43,075
24,616
22,684
47,616
131,078
65,998
(')
58,153
100,828
6,163
8,442
11,360
6,644
48,610
1,995
9,758
7,851
9,457
10,017
1,174
1,160
7,683
24,712
1,304
1,677
2,818
2,426
4,365
4,127
1,856
5,139
3,466
7,240,315
1,465,119
561,366
5,213,830
8,151,
2,447,
494,
435,
541,
2,410,
561,
480,
779,
2,862,150
220,811
227,738
2,413,601
3,124,901
877,403
238,788
206,572
298,169
592,996
257,417
260,631
392,925
617,043 265,409
754,771
76,172
81,370
596,729
1,225,317
344,779
91,354
109,437
102,785
293,980
16,631
llo,267
149,584
78,639
25,640
2,904
1,753
20,983
19,916
1,588
1,446
1,557
1,507
2,831
5,663
1,517
3,807
5,310
8,836,117
1,369,256
610,345
6,356,516
5,893,019
3,347,254
281,825
160,909
172,499
476,233
317,074
214,784
422,436
551,574
2,989,541
324,679
174,930
2,489,932
773,191
45,917
61,541
56,500
37,112
117,254
109,403
63,827
231,632
193,491
^No reliable estimate of the sampling variability can be obtained from the sample. However, the data are included in totals.
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data."
116
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
ACTIVE CORPORATIONS
Table 31.— DEPRECIATION METHODS USED ON RETURNS OF 912 LARGE CORPORATIONS, 1959-60 AND 1958-59, BY MANUFACTURING AND NONMANUFACTURING INDUSTRIES
Depreciation methods and related data
Number of
returns
(Mitlicwt
dollars)
Percent
of total
amount
NuiDber of
returns
(Milltort
dolloft)
Percent
of total
anount
TOTAL
Total (all methods reported)
Straight line
Declinijig balance
Sum of the years-digits
Units of production
Other
Depreciation deduction
Gross depreciable assets
Total assets
Amortization.
MANUFACTURING
Total (all methods reported) ,
Straight line
Declining balance ,
Sxim of the years-digits ,
Units of production ,
Other
Depreciation deduction ,
Gross deprec iable assets
Total assets
Amortization
NONUANUFACTURING
Total (all methods reported) ,
Straight line ,
Declining balance
Sum of the years-digits ,
lAiits of production ,
Other ,
Depreciation deduction ,
Gross depreciable assets ,
Total assets ,
Amortization
(1)
912
892
i91
366
912
912
912
505
(2)
(3)
(*)
(5)
9,803
5,«i
1,922
1,840
265
336
9,795
2i2,339
293,351
1,233
472
5,535
465
2,566
256
1,087
242
1,421
52
204
137
256
472
5,537
472
105,916
472
151,998
292
465
440
4,273
427
2,878
235
835
124
419
44
62
88
80
440
4,257
440
136,423
440
141,353
213
768
100.0
55.5
19.6
18.8
2.7
3.4
100.0
46.4
19.6
25.7
3.7
4.6
100.0
67.4
19.5
9.8
1.5
1.9
912
892
463
356
92
181
912
912
912
538
8,915
5,425
1,509
1,474
242
265
8,961
227,056
275,134
1,648
472
5,061
464
2,620
233
873
236
1,167
50
190
115
212
472
5,096
472
99,734
472
U2,539
318
759
440
3,853
428
2,805
225
636
120
307
42
51
66
53
440
3,865
440
127,321
440
132,596
220
838
(6)
100.0
60.9
16.9
16.5
2.7
3.0
wo.o
51.8
17.2
23.1
3.8
4.2
100.0
72.8
16.5
8.0
1.3
1.4
SOURCE: Deta obtained from a selection of 912 returns of identical corporations (in general, with over $50 million total assets), which accounted for approximately 50 percent
of total corporate depreciation claimed . The years 1959-60 and 1958-59 cover corporation accounting periods ended July 1959-June 1960, and July 1958-June 1959 .
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
117
SMALL BUSINESS CORPORATION RETURNS, FORM U20-S
Table 32.— BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SELECTED INDUSTRIES
Industry
All
industries
Agriculture
forestry,
and
fisheries
Mining
Total
mining^
Bituminous
coal and
lignite
mining
Crude
petroleum
and natural
gas
Mining and
quarrying of
noiunetallic
minerals, and
anthrac ite
mining
Construc-
tion
Manuf ac t ur ing
Total
manufac-
turing^
Beverage
industries
Food and
kindred
products
Number of Form 1120-S ret\u:ns.
Total assets
Cash
Notes and accounts receivable
Less: Reserve for bad debts
Inventories
Investments, Government obligations:
States and possessions
United States obligations
Not stated
Cfther current assets including short-term marketable
investments .
Jfortgage and real estate loans
Loans to shareholders
Other Investments
Depreciable assets
Less: Accumulated amortization and depreciation.
Qepletable assets
Less: Accumulated depletion
Land
Intangible assets
Less: Accumulated amortization.
Other assets
Total liabilities
Accounts payable
Bonds, notes, mortgages payable (short-term) to:
Banks
Small business investment companies
Shareholders
Others
Not stated
Other current liabilities
Bonds, notes, mortgages payable (long-term) to:
Banks
Small business Investment companies
Shareholders
Others
Not stated
Other liabilities
Capital stock
Paid-in or capital surplus
Surplus reserves
Earned surplus and undivided profits accumulated
Shareholders' undistributed taxable income
Total compiled receipts
Business receipts -.
Interest on Government obligations (less amortizable
bond premium):
Taxable— United States obligations issued —
On or after March 1, ig-il
Prior to March 1, 1941
Nontaxable
Other interest
Rents
Royalties
Net short-term capital gain reduced by net long-term
capital loss.
Net long-term capital gain reduced by net short-term
capital loss.
Net gain, sales other than capital assets
Dividends
Other receipts
Total compiled deductions
Cost of sales and operations...
Compensation of officers
Rent paid on business property.
Repairs
Bad debts
Interest paid
Taxes paid
Contributions o-r gifts
Amortization
Depreciation
Depletion
Advertising
Amounts contributed under pension plans
Amounts contributed under other employee benefit
plans.
Net loss, sales other than capital assets
Other deductions
Compiled net profit (less net loss) (Al less 54).
Net income (less deficit) (71 less 45)
Distributions to shareholders:
Cash and assets other than ovm stock
Corporation's own stock
(1)
71, UO
7,633,413
S27,92i
1,993,510
34,865
1,788,127
18,342
52, 516
15,993
112,809
72,581
29,660
436,198
3,068,853
1,433,515
45,221
11,864
329,455
25,258
5,255
302,465
7,633,413
418,300
12,493
169,120
276,265
as, 364
269,044
171,817
11,017
243,169
335,488
229,785
339,794
1,906,750
182,899
51,370
1,262,392
211,487
19,199,731
18,858,054
1,468
139
3,567
18,195
37,155
1,075
1,762
84,158
3,355
108,272
18,800,865
14,346,693
880,848
274,605
75,521
41,846
89,656
286,740
6,954
3,986
295,201
7,027
147, 528
23,587
34,709
11,856
2,274,108
398,866
395,299
=217,717
1,710
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
6,137
11,849
(Thauaand doUart)
209,079
13,962
23,011
122
20,258
1,096
2,042
6
1,654
8,995
1,428
9,828
115,040
47,276
3,076
32
51,615
187
19
4,330
209,079
17,536
9,405
793
5,909
4,607
4,591
3,146
8,611
53
5,166
12,513
11,351
17,131
81,535
10,502
3,294
12,498
438
177,211
516
672
6,192
279
125
1.263
182,007
117,373
9,142
3,231
3,780
487
2,862
4,264
86
35
11,767
209
785
17
81
596
27,292
^4,796
^4,838
113,093
16,205
a,478
14
3,668
93
1,027
555
3,790
101,983
53,034
11,892
4,053
5,061
1,315
32
2,242
113,093
7,773
892
2,085
4,379
2,679
2,434
131
7,372
2,010
5,318
6,554
32,627
4,484
861
19,389
547
130,206
126,259
46
266
402
744
5
1.160
1,926
4,0U
644
19,834
8,756
118
1,203
1,122
124
703
2,040
630
1,039
295
577
18
2,150
^1,061
^91
32,535
63
208
6,095
8,615
480
2,395
49,830
27,294
8,835
2,846
1,722
20
6
1,974
52,186
6,314
5,510
573
1,223
490
4,796
43
1,076
4,073
12,441
2,287
44
11,749
201
61,558
58,833
117
91
129,899
83,784
4,943
1,207
2,882
217
1,549
2,722
21
19
10,291
4,861
143
1,138
4,535
11,587
307
261
2,492
31,694
21,671
1,498
232
1,003
2
279
592
1
1,766
1,533
3
2,206
841
841
58,232
38,351
1,833
700
860
143
612
1,157
11
8
5,769
2,617
40
340
5,787
39,780
7,203
8,848
14
1,630
98
1,027
75
663
31,730
16,939
2,777
1,179
3,221
88
26
241
39,780
4,178
1,141
195
159
1,849
792
131
2,281
1,390
4,224
329
9,960
2,165
817
3,852
437
35,608
46
86
103
1
1
339
34,666
23,516
1,594
224
964
72
658
958
9
9
2,542
708
96
283
616,465
83,895
247,745
2,079
75,445
500
1,933
2,092
11,344
1,6U
2,659
21,433
189,685
94,564
3,754
1,371
11,527
440
157
60,570
616,465
174,462
40,611
134
12,895
10,176
10,489
29,736
7,870
576
18,753
6,773
14,077
48,031
119,623
9,323
1,668
83,064
28,004
1,859,791
76
36
76
527
1,903
87
2,470
149
158
5.362
1,628,743
195,139
426,534
7,972
385,121
9,001
15,371
3,073
18,756
2,779
6,184
66,777
852,463
437,434
9,332
1,822
32,580
4,953
863
48,271
267,611
65,470
636
35,021
51,616
35,456
75,674
26,461
1,812
46,837
41,371
42,477
56,247
417,307
44,231
7,590
359,821
52,560
1,325,938 4,048,336
3,326
3,326
1,532,524
86,976
8,851
6,909
2,432
5,505
27,027
593
118
27,457
55
5,615
4,748
5,099
298
111,681
33,353
33,777
7,226
1,031
473
12
614
1,353
4,487
566
323
1,213
542
12.653
3,121,071
214,276
45,406
a, 002
8,493
15,853
66,501
1,843
717
74,225
1,204
29,266
9,180
13,756
1,009
424,584
103,409
107,795
47,8a
280
50,710
7,117
5,460
109
4,977
1,699
24
5
1,568
49,201
28,343
2,205
508
3,378
463
862
241
331
1,260
660
3,630
2,676
15,151
1,003
15,782
2,667
77,658
45,969
4,131
525
1,162
56
402
4,118
88
1
4,168
2,403
263
U6
175
14,051
5,895
5,895
2,614
158
(10)
203,314
23,691
46,284
1,093
44,702
291
1,677
449
1,724
9,964
142,125
77,308
6,519
72
12
7.245
30,420
6,626
98
2,201
4,187
10,822
6,027
1,742
267
2,851
2,616
9,792
5,031
68,746
2,034
814
43,271
6,269
737,843
11
322
753
415
142
1.922
723,712
613,645
16,025
4,157
3,901
323
2,233
6,411
134
20
11,480
7,724
583
1,409
280
49.837 70
14,136 I 71
U,125
Footnotes at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data."
118 U. S. BUSINESS TAX RETURNS, JULY 1959 -JUNE 1960
SMALL BUSINESS CORPORATION RETURNS, FORM 1120-S
Table 32.— BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SELECTED INDUSTRIES— Continued
Inaasti-/ — Continued
Manufacturing — Continued
Textile
mill
products
Apparel and
other
finished
products
made from
fabrics and
similar
materials
Lumber and
wood
products,
except
furniture
Furniture
and
fixtures
Paper and
allied
products
Printing,
publishing,
and allied
industries
Chemicals
and allied
products
Rubber and
miscel-
laneous
plastics
products
Leather
and
leather
products
Stone,
clay,
and glass
products
Primary
metal
industries
(U)
(12)
(13)
(14)
(15)
(16)
(17)
(18)
(19)
(20)
Number of Form 1120-S returns
Total assets
Cash
Notes and accounts receivable
Less; Reserve for bad debts
Inventories
Investments, Government obligations:
States and possessions
United States obligations
Not stated
Other current assets including ahort-tenn market-
able investments.
Mortgage and real estate loans
Loans to shareholders
Other investments
Depreciable assets
Less: Accumulated amortization and depreciation
Depletable assets
Less: Accumulated depletion
Land
Intangible assets
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Bonds, notes, mortgages payable (short-term) to:
Banks
Small business investment companies
Shareholders
Others
Not stated
Other current liabilities
Bonds, notes, mortgages payable (long-term) to:
Bat^s
Small business investment companies
Shareholders
Others
Not stated
Other liabilities
Capital stock
Paid-in or capital surplus
Surplus reserves
Earned surplus and undivided profits accumulated..
Shareholders' undistributed taxable income
Total compiled receipts
Business receipts
Interest on Government obligations (less amortiz-
able bond premium):
Taxable — United States obligations issued —
On or after March 1, 1941
Prior to March 1, 1941
Nontaxable
Other interest
Rents
Royalties
Net short-term capital gain reduced by net long-
term capital loss.
Net long-term capital gain reduced by net short-
term capital loss.
Net gain, sales other than capital assets
Dividends
Other receipts
Total compiled deductions
Cost of sales and operations
Compensation of officers
Rent paid on business property
Repairs
Bad debts
Interest paid
Taxes paid
Contributions or gifts
Anortization
Depreciatidn
Depletion
Advertising
Amounts contributed under pension plans
Amounts contributed under other employee benefit
plans.
Net loss, sales other than capital assets
Other deductions
Compiled net profit (less net loss) (41 less 54)....
Net income (less deficit) (71 less 45)
Distributions to shareholders:
Cash and assets other than own stock
Corporation's own stock
72,342
9,145
16,420
152
20,600
125
2,734
3,102
37,059
18,802
348
100
13,544
2,544
692
3,050
909
5,212
1,357
1,828
3,416
1,345
2,728
14,787
2,485
1,181
14,761
2,503
220,779
219,268
34
485
17
130
40
720
216,765
175, 3U
7,963
2,347
530
146
850
2,893
92
17
3,432
332
508
631
3
21.707
4,014
4,008
1,699
(Thoummnd doUarm)
207,632
29,849
66,356
1,027
76,419
565
379
102
437
6,945
40,753
20,705
284
42
13
5,775
54,066
10,873
51
2,795
6,080
1,887
13, 734
3,008
5,751
1,893
7,180
60, 577
4,240
709
28,U5
5,892
668,699
33
5
131
50
298
658,210
524,925
31,799
10,053
936
1,496
1,995
10,622
339
15
4,661
13
3,085
1,094
3,726
30
63,421
10,489
10,358
3,91i
140,706
17,714
36,250
656
28,637
2,511
1,067
628
1,324
156
6,155
64,476
32,123
7,095
494
5,864
29
9
2,081
140,706
8,695
47
1,708
2,497
4,398
3,698
3,348
342
5,035
1,435
4,683
2,775
32,942
4,398
1,049
34,826
12,119
267,943
26
338
202
426
110
6,156
1,838
251,629
203,988
8,419
1,402
2,572
1,167
1,190
4,993
uo
14
5,589
227
621
217
465
15
20,620
16,314
16,288
5,839
94,937
6,791
25,481
378
30,594
3,756
2,563
3,237
39,521
22,002
1,988
356
53
1,581
94,937
1,816
1,964
4,591
1,485
4,871
1,220
179
6,396
3,175
2,098
1,989
23,648
5,216
23,925
'1,206
194,654
2
27
132
5
841
193,899
145,494
9,275
2,607
692
355
779
3,757
52
16
2,957
1,090
302
858
26
25,639
755
753
2,366
31,862
3,470
8,453
91
6,861
25
243
1,435
21,162
11,573
1,107
29
3
744
31,862
4,881
1,249
2,583
777
1,342
1,464
945
1,139
1,306
8,646
803
290
6,902
'465
68,994
3
440
9
297
66,871
47,472
4,967
1,225
393
255
319
1,348
19
174
21
409
1
8,590
2,123
2,123
146,4U
16,993
35,710
1,092
11,567
561
1,269
486
1,114
13,540
98,858
46,373
174
U5
1,892
453
58
10.063
146,414
19,005
3,364
35
3,405
6,556
1,680
7,638
3,761
279
5,968
8,588
4,576
9,729
32,572
2,519
334
31,033
5,202
337,725
7
11
111
425
43
740
328,874
223,692
31,359
5,457
1,519
1,072
1,793
5,981
231
47
8,816
84
1,260
1,650
2,126
70
43.717
8,351
3,840
54,525
6,933
15,917
270
13,11A
32
105
427
593
1
1,576
23,614
11,974
123
83
1,476
722
126
2.295
54,525
1,673
793
879
248
2,916
288
232
153
591
2,251
2,279
12,827
2,674
U,350
1,736
52
463
134,284
102,672
7,823
1,340
928
408
403
1,678
49
37
2,232
46
2,063
251
123
2
14.229
5,108
5,108
2,193
122
30,018
2,275
8,397
212
5,740
99
72
402
18,432
7,172
389
39
13
502
2,490
1,712
1,627
458
1,154
138
1,845
1,362
1,195
1,045
3,319
363
1,729
'1,762
105
15
79,725
59,937
3,843
1,160
677
127
437
1,259
19
60
2,080
308
5
138
2
9.623
658
658
30,450
3,636
9,542
U6
10,513
744
74
244
1,023
7,689
4,223
103
11
3
647
30,450
1,063
448
835
876
2,087
84
1,534
63
1,810
362
6,385
1,076
314
7,294
367
91,159
89,720
72,481
4,457
1,182
249
133
429
1,436
32
224
7.611
1,439
1,436
93,614
13,615
21,841
278
12,085
29
733
624
1,277
670
1,535
78,211
40,864
420
202
2,592
93
16
1.249
93, 6U
1,935
1,945
816
1,472
1,291
1,121
3,747
3,298
1,120
25,893
1,332
767
33,116
4U
179,295
177,002
152
249
106
43
1
1,063
174,301
126,600
3,363
743
2,578
447
928
3,312
103
6
7,150
819
1,147
382
756
54
20,903
4,494
4,342
3,274
(21)
33,572
2,939
11,903
59
4,341
3,078
17,581
8,044
504
33
2
347
1,020
1,025
70
215
829
493
903
9,459
263
7,433
1,339
89,635
86,421
69,593
5,534
604
530
73
242
1,589
136
3
1,453
105
662
286
3,671
3,671
2,621
Footnotes at end of table. See text for explanatory stateii«nts and "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
119
SMALL BUSINESS CORPORATION RETURNS, FORM 1120-S
Table 32.— BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SELECTED INDUSTRIES— ConClnued
Industry — Continued |
Manufacturing
— Continued
Transportation, communication, e
gas, and sanitary services
lectric.
Item
Fabricated
metal
products
(including
ordnance),
machinery and
transportation
equipment
Machinery,
except
Blectrical
and trans-
portation
equipment
Electrical
machinery,
equipment,
and
supplies
Transpor-
tation
equipment,
except
motor
vehicles
Professional,
scientific, and
controlling
instruments;
photographic
and optical
goods; watches
and clocks
Other
manufac-
turing
Industries
Total
transporta-
tion,
communica-
tion,
electric, gas,
and sanitary
services^
Trans-
portation
Communi-
cation
Water
supply
and
other
sanitary
services
Number of Form 1120-S returns
(22)
(23)
(24)
(25)
(26)
(27)
(28)
(29)
(30)
(31)
1
1,092
917
421
136
178
818
2,510
1,863
378
2U
1
Total assets
(Th<ni»»nd dollars)
?
159,582
101,409
52,916
25,096
13,488
70,613
242,333
169,944
41,622
25,803
2
18,125
43,182
1,515
42,448
67
809
1,295
1,802
49
288
3,710
84,253
41,125
395
317
2,753
810
40
2,593
16,758
22,050
306
19,571
827
1,152
210
1,250
813
6
3,944
64,340
34,718
257
135
1,929
129
24
3,356
3,152
16,939
166
16,717
526
100
582
16
271
1,254
21,398
9,526
46
557
42
4
1,012
2,705
4,600
37
8,050
386
89
59
781
10,119
4,115
593
336
1,188
1,366
428
76
2,027
3,427
53
3,824
66
668
83
&47
5,204
2,852
187
59
29
225
7,610
25,246
320
20,927
203
5
968
5
85
2,861
22,691
11,571
219
137
473
57
10
1,301
29,680
43,339
439
4,613
75
3,U2
732
5,880
696
1,981
8,958
228,064
110,816
174
78
7,218
4,027
737
15,819
25,995
30,067
290
4,252
20
1,776
732
5,037
552
1,658
8,567
154,369
39,037
107
78
3,652
3,423
437
9,629
2,508
6,984
109
203
352
358
270
83
38,099
12,440
4
1,435
92
45
3,328
1,039
4,955
5
42
55
514
375
53
214
18,139
4,783
63
2,034
512
205
2,301
3
^
4
5
6
Investments, Government obligations:
7
8
9
10
Other current assets including short-term marketable
investments.
10
11
12
13
L4
15
Less: Accumulated amortization and depreciation..
15
16
17
17
18
19
19
20
?1
Less: Accumulated amortization
Other assets
20
21
77
Total liabilities
159,582
101,409
52,916
25,096
13,488
70,613
242,333
169,944
41,622
25,803
22
26,040
6,447
105
3,119
6,330
6,085
6,702
3,372
122
6,158
3,112
653
7,376
32,611
1,567
705
42,433
6,645
9,140
2,865
40
1,829
1,171
1,286
5,806
1,746
60
3,681
1,283
1,778
3,110
30,347
2,a2
619
26,939
7,497
11,896
3,598
1,004
5,992
1,687
3,007
1,158
961
2,209
1,894
1,053
10,675
3,387
6,368
^1,973
4,505
679
20
3,568
692
672
1,754
2,174
a2
139
642
1,804
2,383
5,715
686
21,357
808
1,320
571
1,118
7
31A
667
110
581
195
1,923
231
4,888
1,563
15,046
3,468
149
2,262
2,463
1,204
3,857
839
119
2,095
1,402
348
2,834
17,135
1,499
69
12,659
3,165
28,048
11,291
642
3,784
7,624
3,618
8,460
7,714
955
10,153
24,595
12,155
6,040
68,349
6,879
1,077
31,613
9,336
24,351
9,888
642
2,443
5,622
2,572
6,712
6,471
955
8,892
6,595
7,524
2,775
46,736
3,430
1,050
27,163
6,123
1,778
310
961
1,201
972
1,012
1,058
1,161
9,780
3,851
2,548
10,903
1,268
27
2,902
1,890
1,749
850
380
801
74
616
185
100
8,033
206
594
8,745
1,187
960
1,323
23
24
25
26
27
28
29
30
Bonds, notes, mortgages payable (short-term) to:
24
25
26
27
28
Other current liabilities
29
30
31
31
32
33
34
33
34
35
36
37
38
39
36
37
38
Earned surplus and undivided profits accumulated
Shareholders undistributed taxable income
39
40
41
Total compiled receipts
340,963
198,541
121,871
69,770
32,583
205,458
416,805
355,827
33,184
23,945
41
337,501
11
243
273
538
3
1
1,001
1
21
1,370
197,308
39
3
173
67
513
2
30
406
121,274
16
22
182
92
7
8
270
69, 585
14
21
20
8
2
120
32,493
19
9
10
13
1
9
29
204,822
2
5
84
53
13
19
8
6
446
408,1A6
70
23
5
246
1,184
1
24
5,724
235
297
850
351,775
35
23
5
163
1,015
21
1,607
138
294
701
31, 594
3
20
3
3
1,417
35
3
106
20,996
32
52
165
2,679
12
9
42
Interest on Government obligations (less amortizable
bond premium):
Taxable— United States obligations issued—
43
44
45
46
47
45
46
47
48
48
49
50
51
Net short-term capital gain reduced by net long-term
capital loss.
Net long-term capital gain reduced by net short-term
capital loss.
49
50
51
52
53
'i4
Total compiled deductions
328,536
185,323
124,111
69,793
29,645
201,338
400,262
346,606
29,886
20,052
54
55
245,740
22,&45
4,191
1,800
912
1,423
5,557
178
23
6,825
1
1,610
1,809
713
73
35,036
126,24i
20,124
2,013
1,257
245
583
3,977
74
61
5,343
1,499
453
575
5
22,870
87,411
6,24A
1,761
486
232
784
1,905
27
100
1,845
2,080
154
359
12
20, TIL
55,370
3,330
358
73
77
187
1,262
11
271
1,003
5
485
299
147
12
6,903
19,905
3,965
575
83
29
64
404
33
8
535
410
53
6
3j575
148,295
12,211
3,449
475
412
573
3,331
65
6
1,908
8
2/11
430
491
19
27,254
257,104
25,496
8,718
1,074
747
3,302
17,140
288
445
24,371
111
2,152
2,821
2,720
155
53,618
231,938
21,485
7,258
619
456
2,213
15,145
208
393
19,085
3
1,951
2,740
2,561
138
40,413
U,314
2,308
505
27
280
662
1,103
49
46
3,473
117
12
45
17
6,928
8,567
1,469
663
417
6
371
652
31
6
1,603
54
84
63
113
5,953
55
56
57
56
Rent paid on business property
58
59
60
6U
61
62
62
63
64
65
66
67
68
69
64
Amounts contributed under pension plans
Amounts contributed under other employee benefit
plans.
Net loss, sales other than capital assets
68
69
70
71
72
73
74
Compiled net profit (less net loss) (41 less 54)
12,427
12,184
5,439
13,218
13,215
5,446
^2,240
^2,240
307
^23
^23
82
2,938
2,929
772
4,120
4,115
-
16,543
16,538
4,993
8
9,221
9,216
3,841
8
3,298
3,298
996
3,893
3,893
124
71
72
Distributions to shareholders:
73
Corporation's own stock
Footnotes at end of table. See text for explanatory statements and "Description of the Sample
Limitations of the Data."
120 U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
SMALL BUSINESS CORPORATION RETURNS, FORM 1120-S
Table 32.— BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SELECTED INDUSTRIES— Continued
Industry — Continued
Wholesale and retail trade
Total
wholesale
and retail
trade
Wiolesale trade
Total
wholesale
trade
Groceries
and
related
products
Electrical
goods, hard-
ware, and
plumbing and
heating
equipment
and supplies
Other
whole-
salers
Retail trade
Total
retail
trade
General
merchan-
dise
Apparel
and
acces-
sories
Furniture,
hoine
furnish-
ings,
EUld
equipment
(32)
(33)
(3i)
(35)
(36)
(37)
(38)
(39)
(iO)
Number of Form 1120-S returns
Total assets
Cash
Notes and accounts receivable
Less : Reserve for bad debts
Inventories
Investments, Government obligations:
States and possessions
United States obligations
Not stated
Other current assets including short-term marketable
investments.
Mortgage and real estate loans
Loans to shareholders
Other investments
Depreciable assets
Less; Accumulated amortization and depreciation....
Depletable assets
Less : Accumulated depletion
Land
Intangible assets
Less: Accumulated amortization
Other assets
Total liabilities
Accounts payable
Bonds, notes, mortgages payable (short-term) to:
Banks
Small business investment companies
Shareholders
Others
Not stated
Other current liabilities
Bonds, notes, mortgages payable (long-term) to:
Banks
Small business investment companies
Shareholders
Others
Not stated
Other liabilities
Capital stock
Paid-in or capital surplus
Surplus reserves
Earned surplus and undivided profits accumulated
Shareholders' undistributed taxable income
Total compiled receipts
Business receipts
Interest on Government obligations (less amortizable
bond premium):
Taxable^United States obligations issued —
On or after March 1, ig-il
Prior to March 1, 1941
Nontaxable
Other interest
Rents
Royalties
Net short-terra capital gain reduced by net long-terra
capital loss.
Net long-term capital gain reduced by net short-term
capital loss.
Net gain, sales other than capital assets
Dividends
Other receipts
Total compiled deductions
Cost of sales and operations
Compensation of officers
Rent paid on business property
Repairs
Bad debts
Interest paid
Taxes paid
Contributions or gifts
Amortization
Deprec iation
Depletion
Advertising
Amounts contributed under pension plans
Amounts contributed under other employee benefit plans
Net loss, sales other than capital assets
Other deductions
Compiled net profit (less net loss) (41 less 54)
Net income (less deficit) (71 less 45)
Distributions to shareholders:
Cash and assets other than own stock
Corporation's ovm stock
31,616
9,182
1,274
1,010
20,310
1,367
3,425,767
330,753
939,442
19,507
1,254,042
5,635
17,469
6,070
50,793
15,
10,
113,
970,
451,
12
4
75
8
2,
91
629,827
188,881
7,845
69,353
125,621
111,177
108,939
50,877
2,869
92,159
87,377
93,165
1.20,738
933,174
77,798
27,282
612,598
86.037
U,156,330
11,041,806
631
52
844
7,985
14,051
49
491
16,786
1,677
1,723
70,235
11,000,762
8,700,764
388, 537
154,187
26,001
26,416
37,798
128,811
2,961
1,952
91,361
66
81,894
4,449
9,374
2,470
1,343,721
155,568
154,724
52,853
391
(Thoattnd doltmrt)
1,360,267
126,621
462,125
7,555
4A5,571
2,810
10,256
4,602
23,216
1,445
2,962
52,024
313,634
Ul,669
6,738
1,943
26,767
1,640
555
31, 578
1,360,267
323,261
89,369
4,437
29,006
44,474
46,032
39,720
U,254
2,271
24,846
28,631
33,643
43,263
328,027
33,746
10,345
220,508
47,434
5,014,472
4,979,031
305
38
104
2,034
5,116
40
352
5,773
205
1,210
20,264
4,942,334
4,135,106
149,133
34,244
7,328
10,302
13,677
51,927
1,131
994
31,941
20
12,627
2,761
3,436
319
487,388
72,138
72,034
19,966
14
186,425
16,195
60,853
656
58,626
1
1,304
11
2,302
478
247
10,312
59,992
32,382
299
66
2,687
285
225
6,162
186,425
40,490
10,610
2,268
6,018
3,419
7,930
5,576
1,155
39
1,140
3,342
6,102
9,090
53,007
8,932
36
18,248
9,023
1,135,480
1,128,078
14
6
119
411
27
1,092
11
99
5,623
1,125,603
991,540
21,977
5,704
1,883
1,500
1,643
6,110
185
15
5,926
1,041
324
1,066
40
86,549
9,877
9,877
U3,144
10,821
55,966
1,052
57,223
261
2S4
92
589
2,995
18,768
7,686
1,697
66
53
3,075
143,144
36,906
5,946
584
2,957
5,889
5,691
4,642
626
187
2,393
7,078
2,130
3,096
32,512
2,199
1,415
24,126
4.767
411,595
295
685
1
2
348
174
2
2.817
403,561
323,982
17,190
2,887
289
1,432
1,455
3,176
114
116
2,080
1,472
228
367
43
48,730
8,034
8,034
3,429
1,030,698
99,605
345,306
5,847
329,722
2,548
8,668
4,499
20,325
967
2,617
38,717
234,874
101,601
6,439
1,877
22,383
1,289
277
22,341
1,030,698
245,865
72,813
1,585
20,031
35,166
32,4U
29,502
9,473
2,045
21,313
18,211
25,4U
31,077
242,508
22,615
8,894
178,134
33,64^
274
32
104
1,620
4,020
39
323
4,333
20
1,109
11.824
3,41J,170
2,819,584
109,966
25,653
5,156
7,370
10,579
42,641
832
863
23,935
20
10,114
2,209
2,003
236
352,009
54,227
54,123
14,705
14
1,824,643
179,578
407,542
9,950
715,625
2,825
6,922
1,368
24,509
14,032
7,446
55 ,293
589,012
275,828
4,771
2,017
41,420
7,070
1,872
56,897
264,921
91,351
3,367
35,774
77,792
55,821
62,157
34,930
598
59,965
54,326
55,959
67,300
541,818
38,266
16,607
332,087
30,603
5,448,169
3U
U
740
5,486
7,243
9,599
1,468
490
45.851
5,379,822
,039,395
215, Ul
111,315
17,001
U,752
22,149
62,498
1,570
787
53,453
44
64,395
1,414
5,328
2,101
769,479
68,347
67,607
27,863
377
81, 562
10,864
8,598
199
23,629
1
701
3,216
44,129
16,627
478
285
1,554
366
32
2,708
81,562
14,442
1,781
1,202
2,164
1,167
2,921
2,117
2
3,596
3,707
6,235
2,805
25,446
1,686
959
8,720
2.602
479,999
1
7
81
59
415
1,489
1
1,293
474,152
383,563
11,680
7,599
1,337
269
789
4,537
79
72
4,568
4,028
155
403
1,068
54.004
5,847
5.766
2,019
111,930
11,316
17,175
278
45,306
1.859
3
246
5,335
43,973
20,756
80
65
2,764
93
23
2,259
13,066
6,003
54
3,642
1,713
967
3,522
1,319
158
5,205
1,744
2,526
2,034
37,189
2,823
1,070
25,694
3.201
260,009
167
1,009
1,227
107
219
2.332
255,400
177,099
11,382
5,398
1,043
634
1,026
3,940
94
18
4,573
4,616
29
121
218
43.709
4,609
4,609
1,581
173,039
20,152
35,492
770
89,141
1,040
4(X
33
1,684
112
1,310
3,254
39,580
22,748
54
12
781
123
25
3,434
173,039
32,114
6,860
37
3,388
5,246
2,578
6,291
2,285
4,371
3.134
3,431
7,510
61,641
5,615
387
27,744
307
379,729
16
154
640
45
258
18
3.731
377,624
244,968
23,425
19,753
957
1,313
1,445
4,898
139
28
3,580
5
8,126
87
191
64
68. &U
2,105
2,089
1,407
(41)
2,295
2U,495
20,915
85,802
2,213
75,032
55
503
4,510
37,552
18,392
148
66
2,000
406
141
6,032
214,495
39,369
13,585
131
3,964
4,937
8,013
6,877
2,729
159
4,226
2,079
6,697
15,998
58,332
3,692
3,461
37,725
2.521
477,311
763
400
40
11
9.609
472,372
313,327
26,825
12,792
1,215
3,072
2,389
5,574
U7
42
4,211
U,975j I
m ■
251
28
87.413
4,939
4,939
1,159
280
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data .
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
SMALL BUSINESS CORPORATION RETURNS, FORM 1120-S
Table 32.— BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SELECTED INDUSTRIES— Continued
121
Industry — Continued
Wholesale and retail trade — Continued
Retail trade — Continued
Automotive
dealers
and
gasoline
service
stations
Eating
and
drinking
places
Building
materials J
hardware ,
and farm
equipment
Other
retail
stores
Wholesale
and
retail
trade not
allocable
Finance, insurance, and real estate
Total
finance,
insurance,
and real
estate^
Credit
agencies
other
than
banks
Security
and
commodity
brokers,
dealers,
exchanges,
and
services
Insurance
agent Sj
brokers,
and
service
(42)
C«)
(44)
(45)
(46)
(47)
(48)
(49)
(50)
(51)
Number of Form 1120-S returns.
Total assets
Cash
Notes and accounts receivable
Less : Reserve for bad debts
Inventories
Investments, Government obligations:
States and possessions
United States obligations
Not stated
Other current assets including short-term marketable
investments.
Usrtgage and real estate loans
Loans to shareholders
Other Investments ,
Depreciable assets
Less: Accumulated amortization and depreciation..
Depletable assets
Less: Accumulated depletion
Land
Intangible assets
Less: Accumulated amortization.
Other assets
Total liabilities
Accounts payable
Bonds, notes, mortgages payable (short-term) to:
Banks
Small business investment companies
Shareholders
Others
Not stated
Other current liabilities
Bonds, notes, mortgages payable (long-term) to:
Banks
Small business investment companies
Shareholders
Others
Not stated
Other liabilities
Capital stock
Paid-in or capital surplus
Surplus reserves
Earned surplus and undivided profits accumulated....
Shareholders' undistributed taxable income
Total compiled receipts
Business receipts
Interest on Government obligations (less amortizable
bond premium):
Taxable — United States obligations Issxied —
On or after March 1, 19A1
Prior to March 1, 1941
Nontaxable
Other interest
Rents
Royalties
Net short-term capital gain reduced by net long-term
capital loss.
Net long-terra capital gain reduced by net short-term
capital loss.
Net gain, sales other than capital assets
Dividends
Other receipts
Total compiled deductions
Cost of sales and operations...
Compensation of officers
Rent paid on business property.
Repairs
Bad debts
Interest paid
Taxes paid
Contributions or ijif ts
Amortization
Depreciation
Depletion
Advertising
Amounts contributed under pension plans
Amounts contributed under other employee benefit
plans.
Net loss, sales other than capital assets
Other deductions
Compiled net profit (less net loss) (41 less 54).
Net income (less deficit) (71 less 45)
Distributions to shareholders:
Cash and assets other than own stock
Corporation' s own stock
2,450
7,480
(Thousand dollmra)
459,209
41, .-iS?
88,959
2,563
202,024
1,799
1,555
12,695
133,391
62,751
2,087
930
17,065
604
129
16,128
459,209
41,303
38,783
2,414
9,828
41,419
26,057
15,346
11,074
198
13,729
15,151
9,921
13,048
120,933
7,489
4,617
86,952
947
3
2,288
2,062
79
2,749
62
78
13,672
2,018,886
1,709,622
40,107
19,269
3,828
3,461
9,069
14,179
259
123
9,962
14,432
" 213
2,349
210
191,803
11,196
11,193
116,357
12,273
10,335
16
8,836
7,199
609
3,353
98,865
45,105
384
228
4,735
1,429
150
10,729
116,357
15,733
2,394
100
3,366
3,678
2,611
5,298
3,401
5,251
10,742
12,231
5,124
32,040
3,818
1,660
10,799
^1,889
371,802
365,825
149
389
696
868
13
2,166
366,297
184,607
20,015
19,879
4,080
117
1,921
8,580
199
163
9,184
155
113,115
5,505
5,356
,582
82
302, 8U
24,496
79,769
2,237
133,983
103
2,825
20
2,948
3,704
812
8,695
68,898
32,172
543
316
7,652
99
26
3,018
302,814
43,835
11,404
541
3,891
9,964
8,986
8,515
5,548
7
8,385
5,711
4,542
6,947
96,505
3,366
1,663
72,956
9,848
588,997
943
697
7
43
101
26
5,954
574,337
439,019
27,179
5,107
1,390
2,719
2,551
8,445
251
52
5,869
2
4,896
299
377
130
76,051
14,660
14,660
365,237
38,205
81,411
1,674
136,624
1,674
1,389
1,315
3,897
1,159
1,710
13,235
122,624
57,277
997
114
4,869
3,950
1,346
12,589
365,237
65,059
10,541
90
6,493
8,671
6,442
13,387
6,457
74
15,203
12,058
10,376
13,734
109,732
9,777
2,580
61,497
13,066
860,240
491
713
1,324
1,150
32
124
6,589
840,754
587,188
54,028
20,518
3,151
2,167
2,958
12,345
402
289
11,506
34
10,063
448
689
228
134,740
19,486
18,995
6,045
15
240,857
24,554
69,775
2,002
92,846
291
100
3,068
224
585
6,236
67,929
33,769
541
333
7,659
259
52
2,946
240,857
41,645
8,161
41
4,573
3,355
8,324
7,112
4,693
7,347
4,420
3,563
10,175
63,329
5,786
330
60,003
8,000
693,689
465
1,692
5
1,414
23
,120
678,606
526,263
24,263
8,628
1,672
2,362
1,972
14,386
260
171
5,967
2
4,872
274
610
50
86,854
15,083
15,083
752,184
89,906
196,493
2,477
24,601
648
2,588
740
8,320
29,999
3,383
191,176
94,744
33,472
4,612
132
99,721
2,055
285
39,5&t
752,184
134,133
67,553
1,759
24,667
52,478
33,694
16,600
27,992
79
25,521
66,995
30,497
57,429
101,378
14,266
7,495
60,275
29,373
325,581
195,017
63
11
224
5,656
10,336
347
697
79,292
270
9,599
266,682
5,250
58,942
7,967
1,852
1,182
12,110
9,404
501
221
7,643
500
9,619
1,001
546
1,640
148,304
58,899
58,675
10,743
1,339
47
37
1,115
2,663
741
442
264
57
152
12,756
11
1,251
1,632
411
23
3,989
3,972
1,246
354
29
3
12
109
3
133
117
53,556
5,669
30,834
962
11
531
797
10,116
160
1,974
2,267
1,093
773
1,105
31
14
1,228
53,556
1,313
7,494
636
3,248
392
6,476
441
90
1,255
937
1,043
5,232
11,093
687
3
7,476
5,740
18,793
2,465
27
29
19
613
12,595
19
2,548
507
46
388
1,605
550
35
789
5,668
6,198
6,198
10,037
1,280
4,254
19
3,403
288
109
63
22
7
3
487
10,037
2,566
1,455
69
215
177
2,434
678
1,528
393
63
437
4,919
19
1.129
1,993
235
17
1
45
174
19
2
157
39
76
38
4.355
2,706
2,643
2,487
114,091
22,484
65,911
790
74
396
3L4
1,028
40
544
7,006
12,215
6,098
4
1
320
1,124
41
9.561
1,200
1,334
318
1,750
771
726
6,258
17,068
1,690
1,719
7,972
4.266
103,786
101,251
75
155
81
911
1A7
925
94,416
1,770
23,202
2,901
301
631
356
1,717
138
37
1,729
2,704
911
196
40
57.735
9,368
9,293
2,535
(52)
551,072
47,836
93,535
725
24,402
43
1,091
426
6,870
18,728
2,633
173,441
78,963
25,635
3,772
109
98,202
608
164
27,155
551,072
56,083
55,778
1,123
19,358
49,265
26,320
11,360
27,641
79
22,516
65,287
28,513
45,229
67,354
10,009
4,202
41,779
19.176
182,593
75,336
62
86
2,537
10,214
66
342
13,599
73,433
53
6.815
143,720
1,877
29,061
3,855
1,451
109
10,091
6,695
304
174
5,275
461
6,587
90
341
773
76,576
38,373
38,787
10,357 73
Footnotes at end of table. See text for explajiatory statements and "Description of the Sample and Limitations of the Data."
122
U. S. BUSINESS TAX RETURNS. JULY 1959-JUNE 1960
SMALL BUISNESS CORPORATION RETURNS, FORM U20-S
Table 32.— BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SELECTED INDUSTRIES— Continued
Industry — Continued
Services
Total
services
Hotels,
rooming
houses,
camps, and
other
lodging
places
Personal
services
Business
services
Automobile
repair,
services,
and garages
and other
repair
services
Motion
pictures
Anmsement
end
recreation
services,
except
motion
pictures
Other
services
Nature
of
business
not
allocable
(53)
(5A)
(55)
(56)
(57)
(58)
(59)
Number of Form 1120-S returns.
Total assets
Casn
Notes and accounts receivable
Less : Reserve for bad debts
Inventories
Investments, Government obligations:
States and possessions
United States obligations
Not stated
Other current assets including short-term marketable invest-
ments.
Mortgage and real estate loans
Loans to shareholders
Other investments ,
Depreciable assets ,
I*ss: Accumulated amortization and depreciation.,
Depletable assets ,
Less: Accumulated depletion ,
Land ,
Intangible assets ,
Less : Accumulated amortization ,
Other assets
Total liabilities ,
Accounts payable
Bonds, notes, mortgages payable (short-term) to:
Banks
Small business investment companies
Shareholders
Others
Not stated
Other current liabilities
Bonds, notes, mortgages payable (long-term) to:
Banks
Small business investment companies
Shareholders
Others
Not stated
Other liabilities
Capital stock
Paid-in or capital surplus
Surplus reserves
Earned surplus and undivided profits accumulated.
Shareholders' undistributed taxable income
Total compiled receipts
Business receipts
Interest on Government obligations (less amortizable bond
premiiim):
Taxable— United Stated obligations issued —
On or after March 1, 19<il
Prior to March 1, 1941
Nontaxable
Other interest
Rents
Royalties
Net short-term capital gain reduced by net long-term capital
loss.
Net long-term capital gain reduced by net short-term capital
loss.
Net gain, sales other than capital assets
Dividends
Other receipts
Total compiled deductions
Cost of sales and operations...
Compensation of officers
Rent paid on business property.
Repairs
Bad debts
Interest paid
Taxes paid
Contributions or gifts
Amortization
Depreciation
Depletion
Advertising
Amounts contributed under pension plans
Amounts contributed under other employee benefit plans.
Net loss, sales other than capital assets
Other deductions
Compiled net profit (less net loss) (41 less 54).
Net Income (less deficit) (71 less 45)
Distributions to shareholders:
Cash and assets other than own stock
Corporation's own stock
8,652
621,663
64,636
90,053
2,158
19,688
1,289
8,416
3,275
15,113
12,747
2,471
19,710
511,072
204,70;
331
83
40,886
2,992
648
36,577
621,663
55,311
26,529
684
15,037
21,083
U,883
22,709
36,200
4,542
36,593
92,779
19,194
26,967
147,065
13,820
2,095
81,094
5,078
962,596
121
5
1,716
1,034
3,819
80
12,475
380
213
7,046
932,450
522,983
90,029
44,530
11,881
1,758
10,517
30,417
653
422
47,668
21
17,905
1,351
1,986
1,044
149,285
30, U6
28,430
18,813
(60)
(Thousand dolleru)
162,241
4,719
11,913
918
1,641
693
4,111
3,771
370
1,612
157,249
46,955
18,440
1,603
138
4,130
1U,982
162,241
10,524
2,969
4,690
927
6,504
18,968
322
16,970
56,560
7,749
4,066
30,172
3,078
^891
^6,015
164
1,424
28
722
117,166
59,709
5,159
10,395
4,204
208
4,112
5,466
54
90
10,674
6
2,569
13
70
17
14,420
^5,076
'5,076
1,472
10,886
16,087
128
4,303
69
518
154
2,U7
479
437
4,545
111,459
53,064
78
U
5,892
386
176
7,921
111,982
9,035
3,735
537
2,183
2,540
2,736
3,409
10,966
1,327
3,739
7,094
3,400
3,382
36,619
4,355
1,424
14,581
415
188,680
184,161
18
195
307
9
48
1.380
181,156
89,797
19,548
7,059
2,638
501
1,733
5,107
196
197
10,067
3,270
130
503
749
39,661
92,787
13,715
22,713
322
2,802
629
2,470
70
835
4,460
59,163
27,444
10
1
1,190
214
41
12,324
92,787
13,233
4,220
3,980
3,625
4,540
2,336
354
2,077
3,023
2,626
7,068
21,580
1,897
370
U,717
3,309
258,057
1
178
475
U
3,803
5
66
1,074
248,848
156,870
27,884
5,189
976
601
1,278
4,996
117
42
7,716
2,427
479
680
76
39,517
7,524
7,506
3,196
9,209
9,208
62,253
3,620
13,074
637
7,761
519
204
1,005
544
2,349
36,357
15,332
232
71
4,350
343
252
1,945
62,253
6,582
3,689
32
1,590
844
2,702
2,120
1,385
390
1,912
4,758
1,235
3,010
16,338
1,967
164
11,062
2,473
49,083
6,453
8,544
118
285
701
1,164
589
2,937
44,463
23,750
1
4,735
lA
7
3,072
49,083
130,338
126,984
151
115
554
6
1,121
21
3
1,880
126,323
78,361
13,031
8,665
1,061
286
868
2,876
62
23
4,235
1,091
100
291
51
15,822
4,015
3,864
163
252
3,059
1,314
1,684
4,809
1,584
829
13,209
878
10
16,723
'207
1,546
163
917
2,423
22
39
709
44,929
26,301
3,112
2,164
603
39
482
1,497
58
4
3,284
1,965
115
189
70
5,046
3,026
1,480
1,651
101,940
10,875
11,356
4
1,470
5,422
4,002
6,833
8
2,598
79,257
23,773
4,062
U5
23
4,239
101,940
7,705
5,952
3,090
8,444
1,768
2,252
500
2,117
9,365
15,085
493
7,415
17,078
1,302
127
17,059
2,183
41,377
9,368
5,866
31
1,426
950
3,121
477
277
1,209
23,124
9,386
2
1,717
317
6
2,946
41,377
121,332
194
47
2,222
323
23
6U
114,564
58,949
8,083
6,759
1,908
65
1,507
8,383
125
30
9,640
6,768
6,768
4,982
687
115
817
333
66
2,570
1,015
22
846
1,450
2,107
697
12,069
343
10,343
2^415
6
667
98,964
52,996
13,212
4,299
491
58
537
2,092
41
36
2,052
15
3,865
514
136
38
18,582
4,680
4,580
(61)
24,081
3,748
5,415
97
686
28
37
50
6
973
5,227
949
5,001
320
35
3,671
24,081 22
3,373
787
1,562
975
77
1,051
3,658
as
575
1,551
657
5,492
1,546
8
2,040
114
14,416
107
301
189
22
104
i,840
>,507
508
lAO
64
160
454
8
57
418
149
20
9
109
.,036
Data for the following industrial groups are not shown separately but are included In appropriate division totals. No reliable estimate of the sampling variability for
these groups can be obtained from the sample: H»tal mining; Tobacco manufactures; Petroleum, refining, and related industries; Motor vehicle and motor vehicle equipment;
Electric and gas companies and systems; Holding and other investment companies; and Insurance carriers. 'Loss or deficit.
^Included in the total but not in the detail is $61,347,000 of nondlvidend distributions reported on Form 1120-3 returns of electing Small Business Corporations.
NOTE: See text for explanatory statements and for "Description of the Sample and Limitations of the Data."
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
123
T) ■^
f
1 (ncotJirHu^ C-C--
s
s
•Q
^
S
S $335
^ K3 ^H^^S] 5 s
l|
^1
i 5
m
i;
^ CO cry I-* \D \i
3 f^ CO
CJ^ vtT™
en --I
-p
•df
1
«
-s
CJN sf vO CM vi!
rHOJtt ONOStM TO in
+> +*
■h> »
"
vl tnr-l>t-4- <N f'i--
' -4^ rH
^-coc^ocb id-*^ ^HihoN f'
OJ
|1
^S
£■§
4 rH
3
•H
3
u
gs
6
^
■"^
v£
ON p- m to r- tn rH CM st >j CM
" CM-
§ "■
•0 ->
a
n ir\ o^ CP O Ml O^
m -J'
Is
1
c
u-
rHrHtOm t^Ot- rHONtOON vD tnl
lis
O +J
-^
o o rH rH tn a
o
CO >!■
c
g
:
^
S 3SSS S SSS 5KiaS R S! 1
" ^.H
lis
&1
c^
oT rH'"oru^"'r
r ™- oSL
^
3
•M
c
•
fn
IT
- C-~ ^f-H-O-O- «■
nxToT oTrn'tn'r^ oT in" 1
cSE
""'
£
^ 0}
^
1
"
c
IT
C^ CO O to OJ O rH st M^ CM
O bO 0)
M ^
HI
5 -■'
a
- ^
■H
■z
S^
o w
11
■5 '^
c
lO CO CO CO fy iH O^
CO rH
O
~^
>J
rH rH l^J Q O
ON r
r^ rH -J- IT
•n ^ 1
C 1-1
H
It
fn \o
i
rH
rH
' E
m
c
=5
rH*" to'vo'oN''[>' C^ viTrH" oTrH"
tn
r
,-.-'^— .
£
J £
"
~
C(
^
«■
(MOOJ.H cotoo ojoo\-^ r- c
5
"0
T
sf m i> ON
J
rH -iS
_
OJu-iiHCOCO OONO tJ»->t-JO» rH tr
ir\ t^ajCD-vf ri rvj 1-1 rH to to o^ rH «
1
31
^
c
o -^ m to
tn rH OJ cn^
—
-^
—v^
___
HI <D
5 -5
2
'
B
o
+J W
tc
iHf^r^iOt-- \Or-CT' f^>*C^t^ (N CC
o
rH
■3
a
m
" ON to OJ r- —
O m
o
CM vDiAO^O C^ (T-C^ iTi-^xOr"
OJ
o w
rH
EH (0
C ■§
C-- iH rH nH O
-.t n
rH iH
£-. d
■§
S"
"-
§ _
•0 -^
IT
to rH i-j c- o^ >t o vr >i t^ oi r.
CO r-
i ^
T,
f
ft 1^12-
0 +J
s «
a
COC-OJQCO OvOJ£^ C0C0\0>O rH C
rHCOmOO (T-OON ONITN^CO tn ȣ
\J
O M ^
c-
o M -n
p
C to t)
as.s
«
c^
■p
■^ o ■T^
i -J
M
c-
1
o> rH cj> m n to IT
o o m
1
OJ
.H <M
c
-^ rH rH tn OJ
rH rH
s
rH Vh
?
■H^ 0)
C -D
■P— 41
Cm
s ■=
^
3
^ -3
CT
■^ -^^-(^■^i" ^ "-"^ IT. to o rH to o
41 3
p
o
ir
rH O^ rH
,
^
O^ C- rH in -J
c- CM m -J- n OJ o
in CT
o
s
3
^
CD sT ro
I
(M --t sD O rH u-
rH >J 0> m CM rH
■s
1
m
m rH rH rH^
I z
^ 5^
5I£
£
g
s
-0-.
IT
o^ CO •£) o> m cy in
- ^S„
- o
7
■0
_
~
O ^D O O tV Nl
r\ rH nd r^ ON
CO
f
to O r-t -^ r^ Cl (J»
CQ
"
u
oocno a nito ^orotn
•H
5 0)
>
\0 CO nj o^ c- ^ <M^
c:
3»
v£
m OJ c^ vo CO <t c- ya o >f rn —
s»
« *
a
- ^
^ ^ fM
B
^
h - - .JM
cT
■H
ei
■£
f\i -vfc-torH nj m —
o c^^—
•rt
■P CO
J
c^
o to sT NO r~ ir
st o oin m^
■a
rH 0\ 'O t^ r-t O a>
>r r-i rH rH
OJ m
(0
O CO
i
to oJtoO'O o c^r^ in-J-oj
Eh <d
^
EH dJ
«£
a
§
S
— "O
■P
•0 — 1
^
(^ -vT O vO o- OJ -4-
to •o
■3
■0
C
C^ tn 1J3 (-1 ir
rH rH O O r- to
n
+3
!l
c-
u-
P- rH -4- C\J OJ O
vD vO
oj ■^t-CT'rH r^ cMm rHvDtn
CM r^oj^-to ON rHO} CJNOO —
3
1
S U u
"jZj
£>
a> to rH OJ r- r-
rH^
\o n
CM
■H
D
C S 'o
:
«
^
sj
r7
" ^
j»i rM
5
"^ 4i '=i^
1?
d
- oj- ^-^W-
-4- >t^
rH CM— —
«
•H
"^ iH W
1
OJ
K
o- -J- oTcv
VD nD
CM NO OJ^
' -^
s
-*-•■_- m
ff "0
P— OJ
•§
>>
41 -a
•w.
^ 13
^
s
2
— 5
to
:^
1
O n
(4 F-<
~
f
rH ^ r«J rH OJ xD fA
rH rtrHmrH in m —
tn tn
^
o g
~?
8 psssi 3 as sfta
o
F^ (h
v£
y3 O St CJN rH O ON rH m CM rH —
c
1 ^
Is
1
vC
m rH rH rH rH
_ 1
■-^
o:
NO nirH rH rH rH
c ?
~
2
in [> f^ o m P-
H 0\ O rH O 0*
s
+J
-3
CO
1
-^
a
8 8?!?!:^ 3 23 ?!?is
:3
r-j -P
c
rH O -^ >r CM O — —
'3 a>
to cocoinvo m cpm tOrHsT^
a *
S
«
a«
(^
ri Sj '^ S oi Jh ^'^
P M
8
^
' m OJ vp vo ON en m i> mom^
■^ OJ-JvflO O COrH she^JOJ
3
rH
p m
CM
ir
6-1 oJ
fi *€
£
EH m
•8
^
in rH rH i-H i~H rH
1
^
■rl
s
— 3
•H
^
O "^^
■D -\
s
^ O f^ vO f^ O
«0 nj «fi rH m O ^-^
t3
- §
is
o "?■
1
"n
S
to On^cmm en -<S Q^t-O
rH in>rHC~- St CMrH OC0O> —
3
5i2
5
«
01
■a
ll
CO
OJ OJ m
hCL— ti
3
■H
3
i
^
5
CT^ to OJ OJ m to l>-"rH" stCnrH--
if
(N
rH -J- -nJ OJ rH VJ3
OJ to o in vt CO
E>
~ ^
(U
^co
^ m c- c- u-
(^
en ON CT- <n to
<T- ^
- 3
HI
si
OtOtOrH OC-fM enOON
2
^
«
m rH rH r-1 rH
"^
' ^
' ^
S
"cm
"■
OsfenoNm NO >3-rH (ncM --
; € ^1
>
^—^ "^^-"^
u
■9
i^
—
c-
" vjT rH-rH'rH'rH-
■-
' —'
O
^
_y
V2
— s
li.
3 S
tl -\
?
r^ ^0 C-- Ov rH t> f^
OJ
OJ
~~
r-
en cMinNoSI NO r5en ocnrnrS
<o
t*^
s *
c-
C^ •>!■ -«f to 0\ rH C-
OJ -4-00^0 tn t- —
ra
c
<
■o
.H P
c
O
' g
4)
"3 41
«
r-
ONOsfom o -t \D voenstm — . rH|
s
5S
rH
Ji
•J3
o-
o^tom-^rH oim-^
O
o
-P CO
1
IT
rH O O ON CM ^
m o c^ tn NO C-- ^
- oC*
fiS
■^
s
n sr >t OJ OJ nj nj
■sf
h.
■p
^3
i
■^
->
in c^toin-d- 00 sjst t>in-fi>
O sf en St -3- to r^ rH OJ OJ rH
rH
1
9) O
rH
■H
5
" rH
O "p
Q
r\j [-- rH o 'O in \0
Q
o "p
'■^ ,H d
D
-^
[> -tmcocM c^ tnst inc^r-vD
ON
Ih 01
S ""
[^ Ch f^ rH vo n
rH
c
r^ CM o m ON c
n c^ r- m o NO
t>
O -rt
O W -H
tc
OJ r^\OvOn m 0\-—
rH
«
r-
rHincMND to rHvo lnt^fno
ON
5 S.S
I-< <M
M «
1
O
3
ei
Nl
OJ _r-sr
oil r-l-^
■a
s
rH
a
i
3
rHCOC^rH-^ tnoOU-
ON CM rH CM CM rn OJ
ON ON C~- iH ■-
o to
o w
ov m vD CO o n
o
«:
^0 rH O m C
NO cjN £- ON en NO o
Ol
H
cc
-^ o en OJ cc
t> n
2
d
ON CM CO CM [^ O ON C- NO U-v -.t NO
!>
^ u
N
rH vfinrsJrH rH f-i^
u u
vC
o
lA C- CM C^ CO (Jv a
O rH m e'
O)
-.I-
1 ^
ON
^
1 1
X
-\
1
rH
^
rH instNO^ -r
^""
CvTr-T'
to
1?
m^VDC^vf noJo C-rHCJNNO O C-
H -P
^
(D OJ to m rH ^JD toco CM c^ rH in rH cc
■ -5
m
S
S. "3
r
m O vD O tc
rj C^-J
ON tn -J- IT
" tn tt
o
IT
CT^ O O vO CNJ >t C^ vO ru -J- 0< OJ IT
•4
-H
£H d
ft ■%
y:
rH rH 0> rH O C^ ^Ol \0 m OJ H
>
■a
^
l>
-j" rH* r-TrH rH* i-?
O "?
■0 -^
c-
IT
O^ -* CO >]
OJ >t CO to nJ OJ c
C~ r-
J
s
CO 1AO>OJO •£> \DO» rJO'^'i
\o m:
g S'S
dr-lo^ov'^ ojojff. mmu-N-^ to c-
'-I _4) ^
1 ^
V
c-t-^{>^O0' nto>j
CM St o n
F^
a-
c
mojvom o^ r-rH ntnoj
+j
■H-- ' 4)
3
1
. •=
g
o w
o
CD ^ tn n rH o (n [> r- t> m f-
c
^
o OJ m •£) c- OJ ton o rH -J- r- vo r-
o
.-1
-J- rH rH C^ (n OJ >r C- ^ m rH IT
rH P-
g
|5
';Zf
C
f^r-T-f'rH" rH* O^rH* ■>±'orr^
+*
a 0)
c^
ir» ^ rH rH rH r-i
1 '^
o
-H
C
O
o
■H
Q)
P
1)
^
P
5
,-
^
^
l
c
F-
c
r.
o
c
RS
c
CT. N
_C
c
KS
^
5:3
C
g
(j\ cy
S a
k
-n
ON O-
cy. c
Si
a
c
cc
rH r^
p
C
B
k 0}
0-
<T
o-
o-
CT- ON CJN ON
t-
IT'
o> to in c
St
m o
tn OJ rH o
•c
F
lO
ON to m o
st
m a
m OJ rH o
■a
P
>H
c
(T
a
-J- ^t
c
C
c
o-
m m m m
O^
-t s
ON CJN CT> O-
c
Q
O^ iT' CF' ty
o> 0
S H S ^
C
ON o-
C
1 1 1
rH rH rH .-
C
o o o q
o^
1.
o
OO O C
ON
"i
o-
»r>
o-
P
CT
c^ (^ o^ o^
tc
S
0-
(J. On 0> ON
to
S
■"
■"
r-
*"
r-1
"
■"
■"^
*"
rH
41 Q
-a o
41
.3 g
rfi P.
a-^
654367 O - 62 - 9
124 U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
SMALL BUSINESS CORPORATION RETURNS, FORM 1120-S
Table 34.— BALANCE SHEET AND INCOME STATEMENT ITEMS, BY SIZE OF TOTAL ASSETS
Size of total aeeeta
Zero assets
$1 ujuler
$25,000
$25,000
under
$50,000
$50,000
under
$100,000
$100,000
under
$500,000
$500,000
under
$1,000,000
$1, 000, 000
under
$25, OOP, 000
$25, 000, 000
or more
(1)
(2)
C3)
M
(5)
(6)
(7)
(8)
Number of Form 1120-5 returns
Total assets
Cash
Notes and accounts receivable
Less: Reserve for bad debts
Inventories
Investments, Government obligations:
States and possessions
United States obligations
Not stated
Other current assets including short-tenn marketable invest-
ments.
Ifortgage and real estate loans
Loans to shareholders
Other investments
Depreciable assets
Less: Accumulated amortization and depreciation
Depletable assets
Less: Ac cumulated depletion
I^nd
Intangible assets
Less ; Accumulated amortization
Other assets
Total liabilities
Accounts payable
Bonds, notes, mortgages payable (short-term) to:
Banks
fWill business investment companies
Shareholders
Others
Not stated
Other current liabilities
Bonds, notes, mortgages payable (long-term) to:
Banks
Small business investment companies
Shareholders
Others
Not stated
Other liabilities
Capital stock
Paid-in or capital surplus
Surplus reserves
Earned surplus and undivided profits accumulated
Shareholders ' undistributed taxable income
Total compiled receipts
Business receipts
Interest on Government obligations (less amortizable bond
premium) :
Taxable — United States obligations issued —
On or after March 1, 19^1
Prior to March 1, 1941
Nontaoable
Other interest
Rents
Royalties
Net short-term capital gain reduced by net long-term capital
loss.
Net long-term capital gain reduced by net short-term capital
loss.
Net gain, sales other than capital assets
Dividends ;
Other receipts
Total compiled receipts
Cost of sales and operations
Compensation of officers
Rent paid on business property
Repairs
Bad debts
Interest paid
Taxes paid
Contributions or gifts
Amortization
Depreciation
Deplet ion
Advertising
Amounts contributed under pension plans
Amouits contributed under other employee benefit plans
Net Loss, sales other than capital assets
Other deductions
Compiled net profit (less net loss) (41 less 54)
Net income (less deficit) (71 less 45)
Distributions to shareholders;
Cash and assets other than own stock
Corporation's own stock
71, 140
7,633,413
827,924
1,993,510
34,865
1,788,127
18,342
52,516
15,993
112,809
72, 581
29, 660
436, 198
3,068,853
1,433,515
45, 221
11,864
329,455
25, 258
5,255
302,465
7,633,413
1,323,859
418,300
12,493
169, 120
276, 255
216, 364
269,044
171,817
11,017
243, 169
335,488
229,785
339,794
1,906,750
182, 899
51,370
1, 262, 392
211,487
19, 199, 731
18,858,054
1,468
U9
3,567
18, 195
37,155
1,075
1,762
82, 531
84,158
3,355
108, 272
18, 800, 865
14,346,693
880,848
274, 605
75, 521
41,846
89, 656
286, 740
6,954
3,986
295, 201
7,027
147, 528
23,587
34,709
11,856
2, 274, 108
398, 866
395, 299
■^217,717
1,710
2,069
18,496
13,192
20,390
rTTMuMnd dolUra)
101, 601
92, 750
1J9
967
1
18
2,861
3,821
5
1,039
106, 559
66, 742
6,249
2,788
579
490
815
1,814
4
36
3,508
14
1,036
23
51
4,994
17,416
'4, 958
'4, 958
227, 204
42,469
51,876
1,424
38,647
389
142
4,016
249
2,791
9,228
128,485
68,480
1,499
737
3,125
2,305
517
13,133
227,204
49,393
U,367
356
17,646
9,321
6,173
12,653
2,972
797
15,578
6,042
7,493
15, 265
118,990
10,672
723
'36,500
'21,737
984,124
968,809
44
344
954
106
81
4,772
4,811
30
4,170
993,712
613,296
104, 509
34,069
5,200
2,000
3,074
17,431
218
352
17,260
147
10,706
539
1,535
2,943
180,433
9,588
'9, 632
7,856
1,031
483, 019
68, 320
111, 347
1,868
103, 981
162
1,219
653
6,623
2,054
4,034
19,421
230,827
108,286
2,158
761
15,029
2,927
623
25,802
483,019
91,844
21,461
896
21, 927
15,267
13,422
23,713
10,533
1,127
25, 110
18, 695
15,029
23, 721
162, 915
14,280
1,367
12,744
8,966
1, 518, 134
1,494,491
460
823
2,410
46
284
3,794
9,853
111
5,839
1,499,723
1,028,696
118,116
40, 190
6,781
2,764
6,217
25,180
400
301
26,872
330
14,013
798
2,857
763
225,445
18,411
17, 951
1,073,965
U7,368
264, 893
3,841
253,465
809
4,808
1,550
18, 741
6,009
7,877
41,207
471,297
225,095
4,953
1,602
35,724
3,769
970
53,003
191, 955
49, 226
3,398
27,973
31,069
20,714
41,967
26,631
1,520
48,399
42, 311
29,709
50,213
327, 593
36,311
9,169
99,068
36,739
2, 996, 897
2, 949, U4
148
5
297
1,895
5,554
60
74
7,105
14,800
197
17,648
2,932,345
2, 131, 626
183, 556
60,704
12,777
6,328
11, 658
46, 321
1,119
763
48,730
430
24,012
1,402
5,286
671
396, 962
64,552
64,255
20,378
82
4,104,321
403, 141
1,097,290
19,294
1,014,447
6,171
24,394
2,871
56,054
34,815
11,755
246,941
1, 625, 149
745,690
26,458
6,079
183,685
13,952
2,884
133,145
4, 104, 321
707,459
213,949
4,931
83,623
153,038
121,123
135,225
105,528
4,787
118,449
153,594
137, 586
162,462
1, 016, 124
84,835
28,072
728, 369
145, 167
10, 176, 219
10,000,826
609
95
1,013
10,130
20,544
526
853
42,471
1,441
59,518
9, 938, 349
7,808,626
389, 289
Ul,266
37,882
22,629
48,601
147,445
3,526
2,161
147,872
3,978
73,689
10, 802
17,729
2,043
1,110,811
237,870
236,857
69, 867
575
1,021,361
105,990
280,078
5,394
229, 176
6,493
11,296
9,050
18,426
16,906
2,606
49, 250
383,014
178, 190
640
56
53,393
2,081
223
36, 821
1,021,361
179, 263
59,115
1,754
11, 142
37,815
36,463
29, 974
10, 673
1,652
22,783
59, 076
21, 131
38,356
185,000
21,448
6,181
270,364
29,121
411
20
150
2,653
2,777
37
186
9,085
5,678
654
12,341
2, 183, 816
., 756, 815
57, 738
16, 926
7,769
4,800
12,158
30,330
959
273
32,958
1,098
16,801
4,977
5,217
276
232,699
50, 605
50, 455
20, 751
723,543
70,636
188,026
3,044
148,411
4,699
10, 410
1,727
8,949
12,546
595
70,151
230, 081
107,774
9,513
629
38,499
224
38
40, 561
723,543
103,945
63,182
1,158
6,809
29,755
20,469
25, 512
15,480
1,134
12,850
55,770
18,787
49,777
96,128
15,353
5,858
186, 347
13,229
1,188,335
1,151,635
282
U
1,603
2,211
3,949
299
266
16,721
2,724
917
7,717
1, 146, 361
936,892
21, 391
8,660
4,513
2,835
7,133
18, 219
728
100
18,001
1,030
7,271
5,046
2,034
166
U0,342
41,974
40,371
25, 788
22
Loss or deficit.
^Included in the total but not in the detail is $61,347,000 of nondlvidend distributions reported on Form 1120-S returns of electing Small Business Corporations.
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data."
Description of the Sample
and L/m/faf/ons of
the Data
GUIDE TO TABLES RELATED TO SAMPLE DESIGN AND
SAMPLING VARIABILITY
Page
Sole Proprietorships
M. Niomber of Forms 1040 filed vrith schedules C and F attached,
number of returns in sample, and the prescribed and achieved
sampling rate, by sample stratum, 1959-60 127
p. Sampling variability in estimated number of sole proprietor-
ships, by industrial group, 1959-60 130
Active Partnerships
N- Nximber of Forms 1065 filed, number of returns in sample, and
the prescribed and achieved sampling rate, by sample stratum,
1959-60 128
Q. Sampling variability in estimated number of active partner-
ships, by industrial group, 1959-60 131
Active Corporation Returns
0. Aggregate number of Forms 1120, 1120-L, 1120-M, and 1120-S
filed, number of returns in sample, and the prescribed and
achieved sampling rate, by sample class, 1959-60 129
R. Sampling variability in estimated number of returns, by in-
diistrial group, 1959-60 132
U. Sampling variability of selected freauency estimates, 1959-60. 134
Sole Proprietorships and Partnerships
T. Sampling variability of selected frequency estimates, 1959-60. 133
Sole Proprietorships, Partnerships, Corporations
S. Sampling variability in estimated number of businesses, by
size of variability percentage, 1959-60 and 1958-59 133
V. Sampling variability of selected frequency estimates, by size
of variability percentage, 1959-60 I35
126
DESCRIPTION OF THE SAMPLE AND LIMITATIONS
OF THE DATA
Description of the Sample
Data presented in this report are based on a
systematic stratified sample of unaudited returns
and schedules filed for the income year 1959-60,
covering accounting periods ended July 1959 through
June 1960.
Uniform methods of classifying returns were pres-
cribed for each of the 61 district offices and the
International Operations Division in Washington,
D. C, to facilitate the administrative processing
of returns for collection and audit purposes. A
map showing the location of the Internal Revenue
Service District offices follows the statistical
tables in this section. The sample design was
adapted to fit the regular numbering and grouping
procedures used by the Service.
Returns of individuals were classified by the
presence or absence of business income, size of
adjusted gross income, and taxpayment status. Part-
nerships were classified by size of gross receipts
or total income. Returns of corporations were clas-
sied by type of return, size of total assets, by
taxable and nontaxable status, and by taxpaynlent
status .
An active corporation or partnership, for the pur-
pose of Statistics of Income, is one with at least
one income or deduction item reported on the return
form. The returns of inactive partnerships and
corporations vdiich were excluded numbered less than
three percent of the partnership and corporation
returns. In addition, data from returns of organi-
zations exempt from tax, filing return forms in the
990 series, are not included in the corporate
statistics.
Form 1120 returns filed by partnerships and sole
proprietorships electing to be taxed as corporations
under section 1361 of the 1954 Code are excluded
from all data. This group numbers 445. Tentative
returns and those amended returns not associated
with their originals are also excluded.
Sole Proprietorships
The total sample, based on individual returns
with business income, consisted of 141,406 returns.
This constitutes about 1 percent of the estimated
total number of 10,135,293 individual income tax
returns with schedules C or F or the taxpayer's
own equivalent schedules filed.
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 sample.
Adjustments were made principally to exclude:
(1) schedules C or F filed by partners for the sole
purpose of reporting self-employment income; (2)
schedules C or F in which Statistics of Income
business activity definitions were not met; (3)
nonbusiness returns included in the business sam-
ple; and (4) also excluded from the sole proprie-
torship data are returns of fiduciaries reporting
trade or business income on Form 1041.
Statistics of Income — 1958, Fiduciary , Gift, and
Estate Tax Returns includes information on some
26,000 returns of trusts and estates with gross
profit (less loss) of $352,000,000 from trade or
business .
These adjustments reduced to 9,142,359 the number
of sole proprietorships shown in this publication.
Table M shows the number of returns filed, the
number of returns in the sample, and the prescribed
and achieved sampling rates.
Table M.-SOLE PROPRIETORSHIPS: NUMBER OF FORMS 1040 FILED WITH SCHEDULES
C AND F ATTACHED, NUMBER OF RETURNS IN SAMPLE, AMD THE PRESCRIBED AND
ACHIEVED SAMPLING RATE, BY SAMPLE STRATUM, 1959-60
Number of returns
Sajupllng rate
Sample stratum^
Filed'-
In sample
Pre-
scribed
Total
Business
Non-
business
Achieved
(1)
12)
(3)
(4)
(5)
(6)
Form 1040, total
42,018,527
344,604
141,406
203, 198
-
Adjusted gross income:
Under $10,000:
28,136,501
18,793,183
3,261,309
1,330,444
51,082
55,347
5,031
5,319
380,125
186
84,427
69,744
95,300
38,672
14,714
28,028
5,031
5,319
3,183
186
527
68,837
i,m
37,337
431
26,425
158
5,298
1,213
69
83,900
907
94,1B9
1,335
14, 283
1,603
4,873
21
1,970
117
1/333
1/125
V33
V33
10/33
1/2
Vl
Vl
1/125
1/1
1/333
Schedule C
1/126
$10,000 under $50,000:
V34
1/34
$50,000 under $150,000:
10/35
1/2
$150,000 and over:
1/1
1/1
Prior year delinquent, adjusted
gross Income:
Under $50 000
1/119
1/1
^Includes retiima vlth business schedules
employment inccme.
filed by partners reporting their aelf-
Partnerships
About one million partnership returns were filed
for income year 1959-60. This estimate is based on
the number of returns filed during calendar year
1960 and allows for delinquent filing of partner-
ship returns. An adjustment for duplicate partner-
ship returns, sometimes filed by more than one
partner, reduced the total number to 961,247.
Included in this number filed are inactive partner-
ship returns from which no data were tabulated.
The number of returns in the sample was 76,528.
The returns in the sample were stratified into
"small," "medium," and "large" classes, based on
the amount of business receipts or total income .
After the sample was received in the Statistics
Division, the "large" group was subdivided into
two parts on the basis of business receipts or
127
128
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
total income: (a) $500,000 under $5,000,000, and
(b) $5,000,000 or more. For control purposes,
partnerships in the "$5,000,000 or more" stratum
were identified by name.
The number of returns filed, the number of
partnership returns in the sample, and the sampling
rate in each stratum are shown in table N.
Table N —PARTNERSHIPS: NUMBER OF FORMS 1065 FILED, NUMBER OF RETURNS
IN SAMPLE, AND THE PRESCRIBED AND ACHIEVED SAMPLING RATE, BY SAMPLE
STRATUM, 1959-60
Sunple stratum^
Form 1065, total.
Business receipts, or Income:
Under $200, OOO
5200,000 under *500,000
500,000 under $5,000,000...
5, 000, 000 or more
Number of returns
961,247
890,838
48,083
21,476
850
In sanple
45, 052
9,150
21,476
850
Sampling rate
13)
1/20
1/5
1/1
1/1
14)
1/19.77
1/5.25
1/1
1/1
'Adjusted for duplicate returns and includes inactive partnersliip returns.
Corporations
The sample reflects the activities of the total
number of domestic and resident foreign corporations
filing returns with accounting periods ended July
1959 through June 1960. The total number of returns
filed was estimated to be 1,119,700. The number of
returns used in the sample was 162,953.
The sample was drawn to represent the total number
of returns for the included accounting periods,
regardless of vftien filed. Prior year delinquent
returns were included for the purpose of estimating
data for returns filed too late to be included. It
was felt that the characteristics of returns due
but not yet received for the income year 1959-60
could best be represented by sampling the 40,000
previous year delinquent returns which were re-
ceived during the current year filing period. The
total number of returns included about 4-6,000
returns filed by inactive corporations, although no
data were tabulated from them.
Both domestic and foreign corporations must file
returns, unless expressly exempt from taxation as
charitable and other civic and business associations
under section 501 of the Code. By law, a corpora-
tion in existence at any time during the year is
required to file a return regardless of the size of
its income. The term corporation includes asso-
ciations, joint stock companies, and insurance
companies.
A return was due on or before the 15th day of the
third month following the close of the income year.
About one-half of all corporations use a noncalen-
dar year accounting period. The filing date for
returns with the earliest accounting period covered
by this report was on or before October 15, 1959.
Returns were due for corporations with the most
recent accounting period covered on or before
September 15, 1960. However, many corporations are
granted extensions of time in which to file, so
that the last included returns for the income year
were not filed until early 1961.
A return is filed in the Internal Revenue Dis-
trict in which the corporation's principal place
of business or principal office is located. The
return presents information for all units of the
corporation's activities, even though its opera-
tions may extend over several States. Therefore,
any geographical classification of corporation re-
turn data can only indicate yheve the return was
filed and not the place of origin of the income or
tax liability.
For 1958-59, stratification by size had been
accomplished on the basis of volume of business,
that is, by size of gross sales, gross receipts, or
total income. The changeover to asset-size strati-
fication resulted in the inclusion in the current
year sample of about 16,000 returns filed during
1959 which were stratified according to volume of
business. These returns were for the most part
returns with accounting periods ended July through
November 1959 and accounted for 10 percent of the
sample. These returns were allocated to asset-size
sample classes based on size of gross sales, gross
receipts, or total income. It was felt that this
allocation would have coincided with an allocation
by size of total assets for a significant number of
these returns in most industries. Returns filed
during 1960 and 1961 were stratified by asset size
and accounted for about 90 percent of the approxi-
mately 163,000 sample returns.
The sample rates for each sample class were
determined so as to achieve approximate optimum
allocation of the sample with respect to total
assets reported. The sample design was adapted to
fit the regular return sorting and grouping proce-
dures employed by district offices to facilitate the
administrative processing of returns for collection
and audit purposes. Uniform methods of grouping
returns by type of return and by size of total
assets were prescribed for each office.
Within each of the groups, returns were assigned
consecutive account numbers and the sample was
selected systematically by withdrawing from the
various groups all returns with designated account
number endings. For sampling purposes, these groups
were combined into sample classes v^ich can be
identified as follows:
Forms 1120, 1120-L. and 1120-M
Sample class A. — Returns with net income or defi-
cit of $1,000,000 or more, or total assets of
$10,000,000 or more.
Sample class B. — All of the following special
types of returns which were not included in sample
class A: consolidated returns, returns with per-
sonal holding company schedules attached, life and
mutual insurance company returns, and returns with
overpayment of tax. In addition, other returns
with net income or deficit under $1,000,000 and
total assets of $1,000,000 under $10,000,000.
Sample class C Retuins, other than the special
return types described under ssimple class B, with
total assets of $100,000 under $1,000,000 in the
case of current year returns, and with total assets
either under $1,000,000 or not reported in the case
of prior year delinquent returns .
Sample class D. — Current year returns, other than
the special return types described under sample
class B, with total reported assets greater than
zero but less than $100,000.
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
129
Sample classes E and F — Current year returns,
other than the special return types described under
sample class B, which showed assets zero or not
reported. After sampling in accordance with pre-
scribed sampling rates, returns were separated into
class E (active corporation returns) and class F
(inactive corporation returns). In order to provide
estimates of assets for returns of active corpora-
tions viiose assets were not reported, returns in
sample class E were then given special treatment.
Form 1120-S
Sample class G — Returns with net income or defi-
cit of $1,000,000 or more or total assets of
$10,000,000 or more.
Sample class H. — Current year returns with net
income or deficit under $1,000,000 and total assets
of $1,000,000 under $10,000,000, and all prior year
delinquent returns not included in sample class G.
Sample class I Current year returns with total
assets either under $1,000,000 or not reported.
For each of these classes, the number of returns
filed, the number of returns in the sample, and the
prescribed and achieved sampling rates are given in
table 0.
Table 0 . —CORPORATIONS : AGGREGATE NUMBER OF FORMS 1120, 1120-L, 1120-M,
AND 1120-S FILED, NUMBER OF RETURNS IN SAMPLE, AND THE PRESCRIBED AND
ACHIEVED SAMPLING RATE, BY SAMPLE CLASS, 1959-60
Sample olass^
Corporation returns, total.
Forms 1120, U20L, U20U:
Sample class A
Sample class B
Sample class C
Sample class D
Sample class E
Sample class F
Form U20S:
Sample class G
Sample class H
Sample class I
Nvmiber of returns'^
(1)
1,119,700
In san^le
(2)
162, 953
U,054
11,054
75,961
75,961
367,788
36,898
546, 032
26,028
32,702
1,806
14,734
2,830
8
8
1,736
1,736
69,685
6,632
Sampling rate
(3)
(4)
l/l
1/1.00
Vi
1/1.00
i/io
1/9.94
1/20
1/20.98
1/5
(^)
V5
1/5.21
Vl
1/1.00
1/1
J/I.OO
i/io
VlO.51
^Size of total assets was the predcaninant criterion of size. However, there are in-
cluded In the above stratum about 122^000 returns filed, represented by 16,000 sampled
returns, which were allocated to san^jle classes on the basis of gross sales, gross
receipts, or total income. See tert description of san^jle selection.
^Includes returns of Inactive corporations.
^See text description of sample classes E and F.
METHOD OF ESTIMATION
The total number of returns with business schedules
C and F filed, partnership returns, and corporation
returns filed was determined from counts made in
each of the district offices and submitted to the
Statistics Division.
The adequacy of response by sampling stratum or
class was reviewed by applying the prescribed sample
ratio to the number of returns filed and comparing
this expected 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. Estimates
for all returns were determined by multiplying the
sample data totals by weights obtained by dividing
the total number of returns filed in a sampling
stratum or class by the number of sample returns
received in that stratum or class, and then summa-
rizing the data for all classes.
LIMITATIONS OF THE DATA
Sampling Variability
Presented in tables P, Q, and R are the relative
sampling variability of the estimated number of
sole proprietorships, active partnerships, and active
corporation returns. For the industrial groups
shown, the tables indicate the range in percent
within which 95 out of 100 similarly derived esti-
mates would fall. Data have been deleted from the
tables vfeere the sampling variability was judged to
be excessive. Where such a deletion was made, the
tables have been appropriately footnoted.
Tables T and U depict the relative sampling vari-
ability for selected frequency estimates for the
three types of business organizations. Tables S and
V arrange the frequency estimates for the number of
businesses and selected data items by the size of
the relative sampling variability. In addition,
table S allows a comparison of the improvement since
1958-59 in the precision of the estimates for the
number of business organizations .
Response and Other Nonsaiq>ling Errors
In processing returns for collection purposes in
the district offices and, later, in processing the
sample of such returns for statistical purposes,
several steps were taien to reduce taxpayer-report-
ing errors and other errors introduced in data
processing operations. A large proportion of the
returns were mathematically verified, but not au-
dited, in the district offices before they were made
available for sample selection. Any corrections
resulting from mathematical verification of the
taxpayer's entries are reflected in the data.
In transcribing and tabulating the information
from the sampled returns, additional checks were
imposed to improve the quality of the resulting
estimates . Returns which showed data in accompany-
ing schedules but not on appropriate return lines,
and returns with obvious errors were edited and
properly transcribed. Mechanical transcribing was
verified by the process of repeat punching, and,
prior to tabulating, numerous tests for consistency
were applied by the electronic computer to assure
that the proper balance and relationship between
return items and statistical codes was maintained.
An extensive system of sample management and
control was used to insure the selection of the
prescribed sample and prevent inaccuracies in esti-
mating the number of returns filed. Sample controls
were maintained on a district basis by the most
detailed sampling strata. In addition, a name
control file containing a historical record of tax
return information for very large taxpayers pro-
vided a further check on the completeness of the
sample .
However, the controls maintained for the selection
of the sample returns and the processing of the
source data in the field offices did not completely
eliminate the possibility of error. Also, practical
operating considerations necessitated allowance of
reasonable tolerance in controlling the processing
of these data within the Statistics Division.
130
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table P.— SOLE PROPRIETORSHIPS: SAMPLING VARIABILITY IN ESTIMATED NUMBER OF SOLE PROPRIETORSHIPS, BY INDUSTRIAL GROUP, 1959-60
Industrial group
Number of
buslneases
Relative
sampling
variability
at 95
percent
level
(Percent)
Indufltrial group
Number of
businesses
Relative
sampling
variability
as 9;
percent
level
(Percent)
All industrial groups
Agriculture, forestry, and fisheries, total
Famis
Agricultural services, hunting and trapping forestry, and
fisheries
Mining, total
Crude petroleum and natural gas
Other mining, and quarrying
Construction, total
General contractors
Special trade contractors
Contractors not allocable
Manufacturing, total
Food and kindred products, including beverages
Textile mill products
Apparel and other finished products made from fabrics and
similar materials
Lumber and vrood 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 electrical and transportation equipment
Electrical machinery, equipment, and supplies
Transportation equipment
Other manuracturlng industries
Transportation, communication, and sanitary services, total
Motor freight transportation and warehousing
Other transportation
Communication and water supply and other sanitary services....
Wholesale and retail trade, total ,
Wholesale trade , total
Groceries and related products
Electrical goods
Hardware, and plumbing and heating equipment and supplies....
Dry goods and apparel
Drugs, chemicals, and allied products
Machinery, equipment, and supplies
fctotor vehicles and automotive equipment
Farm products — raw materials
Other wholesalers
Retail trade, total
Food, total
Grocery stores
Retail bakeries
Other food stores
General merchandise
Apparel and accessories,
3,505,090
3,386,830
118,210
33,691
26,119
7,572
6i6,316
103,983
506,942
35,391
186,901
23,283
2,051
8,243
44,600
10,536
27,980
4,614
1,075
6,604
3,174
6,223
15,174
2,839
3,9W
26,591
283,553
201,626
67,295
14,632
2,009,785
269,063
41,405
4,071
3,565
10,431
5,429
9,978
11,480
15,388
167,316
329,550
266,298
13,717
49,535
159,021
72,183
0.29
.96
.98
10.71
U.75
25.09
2.64
6.52
3.03
11.71
4.84
13.89
44.32
22.65
10.28
20.92
12.64
31.30
60.28
25.59
34.59
25.34
16.48
37.09
33.04
12.86
4.10
4.87
8.57
17.93
1.38
3.96
10.30
34.29
33.04
19.96
30.19
20.46
20.71
16.73
5.01
1.61
3.80
4.24
18.74
9.93
5.45
7.89
Wholesale and retail trade— Continued
Retail trade — Continued
Furniture, home furnishings, and equipment
Automotive dealers
Gasoline service stations
Eating and drinking places
Building materials
Hardware and farm equipment
Antique stores and secondhand stores
Drug stores and proprietary stores
Liquor stores
News dealers and newsstands; cigar stores and stands
Florists
Jewelry stores
Other retail stores
Wholesale and retail trade not allocable
Finance, insurance, and real estate, total
Credit agencies other than banks
Security and conmiodity brokers, dealers, exchanges, and
services
Insurance agents, brokers, and services
Real estate, total
Real estate operators (except developers) and lessors
Agents, brokers, and managers
Other real estate
Other finance, insurance, and real estate
Services, total
Hotels, rooming houses, camps, and other lodging places
Personal services, total
Laundries, laundry services, and cleaning and dyeing plants
Photographic studios. Including commercial photography
Beauty and barber shops. Including schools
Funeral service and crematories
Other personal services
Business services, total
Advertising
Other business services
Automobile repair, services, and garages, total
Automobile parking
Automobile repair shops
Automobile rentals and automobile services, except repair..
Other repair services
itotlon picture production, distribution, and service industries
Motion picture theaters
Amusement and recreation services, except motion pictures....
Medical and other health services , total
Offices of physicians and surgeons
Offices of dentists and dental surgeons
Other medical and health services
Legal services
Educational services
Engineering and architectural services
Accounting, auditing, and bookkeeping services
Other services
Nature of business not allocable
75,661
56,139
202,217
299,707
29,609
38,857
23,324
33,476
27,972
13,775
20,863
21,192
178,456
158,720
446,995
6,032
13,414
153,150
230,800
99,806
118,569
12,425
43,599
1,979,695
134,803
445,496
77,887
22,929
259,474
U,395
70,8U
217,192
19,636
197,556
U0,829
5,623
95,868
9,338
161,640
3,459
3,749
95,883
405,673
145,268
85,568
174,837
123,896
59,626
45,022
87,290
85,137
50,333
7.77
8.86
4.88
3.99
12.34
10.87
14.54
la.u
13.27
19.12
15.35
U.82
5.U
5.34
3.06
24.92
17.92
5.28
4.33
6.79
5.96
18.29
9.61
1.36
5.95
3.25
7.97
14.17
4.31
15.95
8.45
4.50
15.07
4.72
6.63
29.77
7.U
22.41
5.58
36.95
34.78
7.03
2.87
3.97
5.99
5.09
5.16
8.96
9.01
6.93
6.90
9.99
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
131
Table Q.— ACTIVE PARTNERSHIPS: SAMPLING VARIABILITY IN ESTIMATED NUMBER OF ACTIVE PARTNERSHIPS, BY INDUSTRIAL GROUP, L959-60
Industrial group
Relative
sampling
Number of
variability
partner-
at 95
ships
percent
level
(Percent)
949,396
0.10
141,715
2.10
131,530
2.20
10,185
8.28
13,301
7.23
8,449
9.13
4,852
11.97
67,130
3.09
19,508
5.64
41,211
4.05
6,411
10.50
47,369
3.58
6,800
9.16
626
28.43
3,305
12.74
9,456
8.42
1,411
21.69
6,639
10.27
911
25.58
325
39.38
1,952
18.24
895
26.37
3,562
13.53
4,897
11.66
614
31.76
776
29.25
5,700
10.79
17,623
6.32
11,981
7.67
3,508
14.28
2,134
18.51
303,822
1.24
50,456
3.31
1,228
21.58
1,061
22.62
3,243
13.20
578
30.62
2,635
14.80
2,166
16.67
4,217
11.10
35,328
4.01
241,170
1.47
40,261
3.96
11,416
7.70
15,247
6.71
Industrial group
Number of
partner-
ships
Relative
sampling
variability
at 95
percent
level
(Percept)
All industrial groups
Agriculture, forestry, and fisheries, total
Farms
Agricultural services, hunting and trapping, forestry, and
fisheries
Mining, total
Crude petroleuni and natural gas
Other mining, and quarrying
Construction, total
General contractors
Special trade contractors
Contractors not allocable
Uanuf acturlng, total
Food and kindred products. Including beverages
Textile mill products
j^parel and other finished products made from fabrics and
similar materials
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
liachinery, except electrical and transportation equipment
Electrical machinery, equipment and supplies
Transportation equipment
Other manufacturing industries
Transportation, communication, and sanitary services, total
Motor freight transportation and warehousing
Other transportation
Communication and water supply and other sanitary services....
Wholesale and retail trade, total
Wholesale trade, total
Electrical goods
Hardware, and plumbing and heating equipment and supplies...
Dry goods and apparel
Drugs, chemicals, and allied products
Machinery, equipment, and supplies
Motor vehicles and automotive equipment
Farm products—raw materials
Other ;Aole5alers
Retail trade, total
Food, total
General merchandise
J^parel and accessories
Wholesale and retail trade — Continued
Retail trade— Continued
Furniture, home furnishings and equipment
Automotive dealers
Gasoline service stations
Eating and drinking places
Building materials
Hardware and farm equipment
Antique stores and secondhand stores
Drug stores and proprietary stores
Liquor stores
News dealers and newsstands; cigar stores and stands
Florists
Jewelry stores
Other retail stores
Wholesale and retail trade not allocable
Finance, Insurance, and real estate, total
Credit agencies other than banks
Security and commodity brokers, dealers, exchanges, and
services '.
Insurance agents, brokers, and service
Real estate
Other finance, insurance, and real estate
Services, total
Hotels, rooming houses, camps, and other lodging places
Personal services, total
Laundries, laundry services, and cleaning and dyeing plants
Photographic studios, including commercial photography
Beauty and barber shops, including schools
Funeral service and crematories
Other personal services
Business services, total
Advertising
Other business services
Automotive repair, services, and garages
Other repair services
Motion picture production, distribution, and service Industries
Motion pictures theaters
Amusement and recreation services, except motion pictures
Medical and other health services, total
Offices of physicians and surgeons
Offices of dentists and dental surgeons
Other medical and health services
Legal services
Educational services
Engineering and architectural services
Accounting, auditing, and bookkeeping services
Other services
Nature of business not allocable
U,413
6.83
16,759
5.70
31,256
4.74
49,191
3.76
5,553
10.52
U,819
7.45
2,120
18.62
9,311
8.43
5,414
11.21
616
34.42
3,030
15.61
3,125
15.14
21,639
5.64
12,196
7.04
L85,173
1.78
2,960
15.71
4,834
11.32
13,090
7.43
/il,198
2.11
23,091
5.60
160,498
1.93
15,085
6.93
33,490
4.61
13,614
7.29
1,451
22.47
11,489
8.03
4,167
13. lA
2,769
16.40
15,944
6.69
1,345
20.07
U,599
7.03
18,460
6.25
10,612
8.33
558
34.77
1,801
20.04
10,161
8.44
17,322
6.30
8,172
9.24
1,046
26.39
8,101
9.21
20,123
5.86
933
27.26
6,511
10.23
8,193
9.30
1,255
24.22
132
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
Table R.— ACTIVE CORPORATION RETURNS
AND SMALL BUSINESS CORPORATION RETURNS, FORM 1I20-S:
RETURNS, BY INDUSTRIAL GROUP, 1959-60
SAMPLING VARIABILITY IN ESTIMATED NUMBER OF
Iiidustrlal group
All Industrial groups
Agriculture, forestry, and fisheries, total
lUnlng, total
lAetal niTnfng ., ,. , ■
Bituminous coal and lignite mining
Crude petroleum and natural gas
Mining and quarrying of nonmetallic minerals, Bud anthracite mining
Construction, total
General building contractors
General contractors other than building
Special trade contractors
Contractors not allocable
Manufacturing, total
Beverage industries
Food and kindred products
Tobacco manufacturers
Textile mill products
Apparel and other finished products made f rcoi fabrics and sljnllar materials
Lumber and wood products, except furniture
F^Jmiture and fixtures
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Petroleuni refining and related industries
Rubber and miscellaneous plastics products
Leather and leather products
Stone, clay, and glass products
Primary metal industries
Fabricated metal products, including ordnance, except machinery and transportation equipment
Machinery, except electrical and transportation equipment
Electrical machinery, equipment, and supplies
TTBnsportation equipment, except motor vehicles
Uotor vehicles and motor vehicle equipment
Professional scientific, and controlling Instnunents; photographic and optical goods; watches and cloclcs
Other manufacturing industries
Transportation, cojmainication, electric, gas, and sanitary services, total
Transportation
Comraini cation
Electric and gas companies and systems
Water supply and other sanitary services
Uiolesale and retail trade, total
Wholesale trade, total
Groceries and related products
Electrical goods, hardware, and plumbing and heating equipment and supplies
Other wholesalers
Retail trade, total
Food
General merchandise
Apparel and accessories
Furniture, home furnishings, and equipment
Automotive dealers
Gasoline service stations
Eating and drinMng places
Building materials
Hardware and farm equipment
Other retail stores
Wholesale and retail trade not allocable
Finance, insurance, and real estate, total
Banking
Credit agencies other than banks
Holding and other investment companies
Security and coomiodity brokers, dealers, exchanges, and services
Insurance carriers
Insurance agents, brokers, and service
Real estate
Services, total
Hotels, rooming houses, camps and other lodging places
Personal services
Business services
Automobile repair, services, and garages, and other repair services
Ikitlon pictures
Amusement and recreation serricee, except motion pictures
Other services
Nature of business not allocable
^Each estimate includes Form 1120-S returns of electing small business corporations taxed through shareholders
^No reliable estimate of the sampling variability can be obtained from the sample.
Active corporation returns
Small business corporation
returns. Form 1120-S
Relative
sampling
variability
at 95
percent level
(Percent)
(1)
15,503
12,920
1,099
1,961
6,673
3,187
66,260
19,207
10,219
34,816
2,018
156,297
2,941
15, 5X
204
5,706
16,287
7,963
5,832
3,236
18,706
8,226
828
3,932
2,7U
6,884
3,655
14,690
16,275
6,593
2,076
1,292
2,730
10,000
43,195
32,454
5,894
1,U2
3,735
334,717
109,648
12,870
11,613
85,165
199,624
14,009
13,153
24,138
20,099
X,045
5,636
28,826
21,485
42,233
25,445
318,592
15,182
45,505
10,350
2,848
3,904
15,931
224,672
110,005
11,890
20,109
29,122
17,463
6,712
11,890
12,819
16, 531
(2)
6.12
6.41
22.96
17.29
8.95
12.40
2.91
5.49
7.03
4.13
19.47
1.67
U.93
5.40
37.21
8.60
5.81
7.83
9.45
11.12
5.57
7.93
a. 08
11.51
12.48
3.03
10.00
5.68
5.57
8.43
15.10
16.86
13.72
7.45
3.68
4.30
10.06
15.47
13.21
1.09
2.08
6.30
6.47
2.40
1.55
6.49
6.52
4.93
5.36
4.05
10.63
4.81
5.00
3.76
4.85
1.13
2.59
3.30
7.10
13.96
5.46
6.45
1.47
2.30
7.01
5.66
4.74
5.16
9.60
7.36
7.27
6.89
Relative
sampling
variability
at 95
percent level
(Percent)
(3)
(.')
832
13
141
434
244
6,137
1,696
598
3,773
11,849
242
983
U
379
1,305
620
475
238
1,699
455
23
258
324
520
210
1,092
917
421
135
45
178
818
2,510
1,863
378
55
214
31,616
9,182
1,274
1,010
6,898
20,310
1,367
1,100
2,475
2,295
2,959
621
2,450
1,148
1,180
4,715
2,124
617
13
109
34
1,504
5,104
8,652
910
2,183
1,978
1,352
444
930
855
(4)
579
(')
{ = )
15.55
21.20
)
51.80
29.55
39.00
7.51
14.93
25.04
9.69
(')
(')
5.14
38.25
19.U
)
31.94
14.22
24.04
28.12
38.87
14.71
28.48
)
37.98
34.16
26.74
42.03
13.52
20.07
X.42
51 .88
90.91
45.71
21.52
11.99
13.98
31.25
83.33
42.23
2.57
5.92
16.89
18.81
6.95
3.63
15.27
13.27
12.08
12.50
10.78
24.67
12.18
17.90
17.97
8.72
13.02
6.69
60.00
24.59
(')
(=)
15.74
8.24
6.17
19.96
12.87
13.57
16.81
23.89
19.85
20.90
25.13
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
133
Table S-— SOLE PROPRIETORSHIPS, ACTIVE PARTNERSHIPS, ACTIVE CORPORATIONS, AND SMALL BUSINESS CORPORATION RETURNS, FORM 1120-S:
VARIABILITY IN ESTIMATED NUMBER OF BUSINESSES, BY SIZE OF VARIABILITY PERCENTAGE, 1959-60 AND 1958-59
Size of relative samplirig variability percentage
Number of
estimates
Cunnilative
percent
Number of
estimates
Cumulative
percent
(1)
SOLE PROPRIETCBSHIPS
Total number of estimates
Less than 10 percent
10 percent under 25 percent
25 percent under 50 percent
50 percent and over
ACTIVE PARTNERSHIPS
Total number of estimates
Less than 10 percent
10 percent under 25 percent
25 percent under 50 percent
50 percent and over
JICTIVE CORPORATION RETURNS
Total number of estimates
Less than 10 percent
10 percent under 25 percent
25 percent under 50 percent
50 percent and over
SMALL BUSINESS CQRPCRATION RETURNS, FORM 1120-S
Total number of estimates
Less than 10 percent
10 percent under 25 percent
25 percent under 50 percent
50 percent and over
(2)
(3)
(4)
(5)
49
31
11
59
21
1
100.0
53.4
31.7
13.9
1.0
53.8
34.1
12.1
72.9
25.9
1.2
100.0
14.8
43.2
24.7
17.3
53.4
85.1
99.0
100.0
53.8
87.9
100.0
72.9
98.8
100.0
lA.e
58.0
82.7
100.0
33
40
20
12
15
42
23
10
100.0
31.5
38.1
19.0
11.4
100.0
16.7
46.6
25.6
U.l
76.3
22.5
1.2
100.0
12.7
31.6
35.4
20.3
(6)
31.5
69.6
88.6
100.0
16.7
63.3
88.9
100.0
76.3
98.8
100.0
12.7
44.3
79.7
100.0
Table T. — ^SOLE PROPRIETORSHIPS AND ACTIVE PARTNERSHIPS: SAMPLING VARIABILITY OF SELECTED FREQUENCY ESTIMATES, 1959-60
Total
Business
receipts
Depreciation
Depletion
Amortization
'ayments to partners
Industrial division
Number
Relative
stmrpling
variabil-
ity
(Percent)
Number
Relative
saiDpling
variabil-
ity
(Percent)
Number
Relative
sampling
variabil-
ity
(Percent)
Number
Relative
sampling
variabil-
ity
(Percent)
Number
Relative
sampling
variabil-
ity
(Percent)
Number
Relative
sampling
variabil-
ity
(Percent)
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
SOLE PROPRIETORSHIPS
9,142,359
3,505,090
33,691
646,316
186,901
283,553
2,009,785
269,063
1,582,002
158,720
446,995
1,979,695
50,333
949,396
141,715
13,301
67,130
47,869
17,623
303,822
50,456
241,170
12,196
185,173
160,498
12,265
0.29
.96
10.71
2.64
4.84
4.10
1.38
3.96
1.61
5.34
3.06
1.36
9.99
.10
2.10
7.23
3.09
3.58
6.32
1.24
3.31
1.47
7.04
1.78
1.93
7.72
9,010,938
3,431,367
30,859
&;2,576
182,316
280,892
1,999,247
266,813
1,574,662
157,772
437,467
1,960,237
45,971
914,301
135,488
12,315
66,334
47,025
17,302
302,079
49,881
240,061
12,137
165,057
158,430
10,270
0.30
.97
10.92
2.65
4.90
4.11
1.39
3.99
1.61
5.36
3.09
1.37
10.36
.20
2.15
7.46
3.10
3.61
6.37
1.24
3.32
1.47
7.04
1.91
1.95
8.44
6,650,68S
2,726,273
26,684
419,019
146,424
220,553
1,462,544
185,522
1,161,170
115,851
300*196
1,323,530
25,366
765,426
112,570
10,313
53,536
41,882
15,729
256,633
39,229
206,734
10,670
136,853
131,742
6,168
0.53
1.14
U.82
3.28
5.41
4.65
1.66
4.73
1.91
6.18
3.73
1.68
14.16
.44
2.40
8.15
3.46
3.81
6.69
1.38
3.66
1.61
7.41
2.14
2.17
10.89
29,546
5,553
13,731
1,115
696
126
4,267
807
2,857
602
1,767
2,159
132
12,834
824
5,798
392
280
377
1,241
262
926
53
3,190
535
199
11.61
32.58
U.97
64.13
75.43
32.32
72.12
40.60
77.41
45.50
42.29
(M
7.29
29.61
10.85
38.78
40.36
44.56
22.72
43.51
27.21
(M
15.08
36.26
61.31
58,662
24,644
50
3,686
2,008
917
12,406
1,685
9,657
1,064
3,185
11,764
2
- Not api
8.79
13.93
38.33
46.36
72.85
18.61
48.90
21.20
64.10
34.47
19.07
(1)
ilioable
■ Not app]
' 119,931
7,066
1,832
10,821
9,227
2,647
55,768
9,255
44,059
2,454
9,359
22,382
828
Agriculture, forestry, and fisheries
Mining
Manufacturing
Transportation, communication and sanitary
loable
Wholesale and retail trade, total
Wholesale and retail trade not allocable
Services
ACTIVE PARTNERSHIP RETURNS
2.19
9.93
Mining
Construction
Manufacturing
Transportation, communication and sanitary
19.05
7.81
7.85
16.06
Wholesale and retail trade, total
3.23
7.27
3.74
Wholesale and retail trade not allocable
Finance, insurance, and real estate
14.91
8.60
5.57
Nature of business not allocable
29.83
^No reliable estimate of the sampling variability can be obtained from the sanple.
134
U. S. BUSINESS TAX RETURNS, JULY 1959-JUNE 1960
Table U.— ACTIVE CORPORATION RETURNS,
AND SMALL BUSINESS CORPORATION RETURNS,
FREQUENCY ESTIMATES, 1959-60
FORM 1I20-S: SAMPLING VARIABILITY OF SELECTED
Industrial division
Total returns
Relative
sampling
variability
(Percent)
Number of returns with—
Business receipts
Relative
sadpllng
variability
(Percent)
Net long-term capital
gain reduced by net
short-term capital loss
Relative
sampling
variability
(Percent)
Amortization
Relative
sampling
variability
(Percent)
ACTIVE CORPORATION RETURNS
All Industrial divisions
Agriculture, forestry, and fisheries
Mining
Ccmstruction
Uanuf acturing
Transportation, communication, electric, gas, and sanitary services
Wbolesale and retail trade
Wholesale trade
Retail trade
Wholesale and retail trade not allocable
Finance, Insurance, and real estate
Services
Nature of business not allocable
SMALL BUSINESS CORPORATION RETURNS, FORM 1120-S
All industrial divisions
Agricxilture, forestry, and fisheries
Mining
Construction
Manufacturing
Transportation, comminicatlon, electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
Wholesale and retail trade not allocable
Finance^ insurance, and real estate
Services
Nature of business not allocable
(1)
(2)
(3)
M
(5)
(6)
(7)
(8)
15,603
12,919
66,260
156,297
43,195
334,717
109,648
199,624
25,445
318, 592
110,005
16, 531
71,140
1,485
832
6,137
11,899
2,510
31,616
9,182
20,310
2,124
7,480
8,652
579
0.13
817,757
6.1?
14,889
6.41
11,218
2.91
62,215
1.67
152,165
3.68
41,616
1.09
327,976
2.08
106,536
1.55
196,787
4.85
24,653
1.13
100,590
2.30
101,345
6.89
5,743
0.19
15.65
21.20
7.51
5.14
11.99
2.57
5.92
3.63
13.02
6.69
6.17
25.13
65,395
1,391
747
5,921
11,631
2,459
31,245
9,024
20,104
2,117
3,147
8,449
405
0.44
6.29
6.79
2.99
1.69
3.76
1.11
2.11
1.57
4.91
2.15
2.42
11.79
0.69
16.25
22.22
7.60
5.18
12.12
2.59
5.97
3.65
13.08
10.68
6.25
30.37
120,229
3,003
2,902
7,770
25,185
6,440
32,199
12,708
17,145
2,346
32,801
9,443
485
298
177
627
1,419
437
2,924
972
1,731
221
813
555
21
12.45
2,568
11.65
2,361
7.43
11,115
3.47
22,658
8.03
6,266
3.46
47,137
5.24
16,035
4.98
27,440
13.04
3,663
3.61
49,316
7.36
18,719
39.38
1,705
6.73
34.90
45.20
24.24
15.86
28.83
10.88
19.03
14.33
40.72
21.28
25.77
(M
13,927
324
157
1,366
1,952
629
5,725
1,805
3,489
431
1,844
1,825
106
1.73
14.72
14.74
7.21
4.60
9.30
3.43
5.79
4.61
12.86
3.33
5.75
20.41
4.65
33.95
47.77
16.40
13.63
24.32
7.74
14.13
10.09
29.23
14.05
14.08
59.43
Nujnber of returns with — Contiimed
Depreciation
Industrial division
Relative
sampling
variability
(Percent)
Amounts contributed
under pension plans
Relative
sampling
variability
(Percent)
Amounts contributed
under other employee
benefit plans
sampling
variability
(Percent)
ACTIVE CORPORATION RETURNS
(9)
(10)
(11)
(12)
(14)
All industrial divisions
Agriculture, forestry, and fisheries.
Uining.
Construction
Manufacturing
Transportation, communication, electric, gas, and sanitary services.
Wholesale and retail trade
Wholesale trade
Retail trade
Wholesale and retail trade not allocable
Finance, insurance, and real estate
Services
Nature of business not allocable
SMALL BUSINESS CORPORATION RETUHNS,
All industrial divisions
Agriculture, forestry, and fisheries
Uining.
Construction
Manufacturing
Transportation, communication, electric, gas, and sanitary services.
Wholesale and retail trade
Wholesale trade
Retail trade
Wholesale and retail trade not allocable
Finance, insurance, and real estate
Services
Nature of business not allocable
876,996
13,913
10,647
55,507
143,245
38,670
293,423
90,180
183,282
19,962
226,505
91,050
4,031
63,610
1,349
756
5,714
11,167
2,374
29,522
8,319
19,311
1,892
4,577
7,853
298
0.38
6.39
6.75
3.11
1.72
3.83
1.18
2.23
1.62
5.28
1.39
2.50
13.37
16.46
22.09
7.75
5.30
12.34
2.72
6.25
3.75
13.85
8.74
6.52
35.57
67,174
314
722
4,688
20,494
4,035
19,740
9,619
8,716
1,406
13,050
4,043
88
2,741
11
416
841
188
906
445
394
67
87
282
11
2.03
29.62
15.93
9.26
3.34
9.24
4.21
5.47
7.03
15.22
3.82
10.46
70.45
11.20
(')
29.33
20.57
44.15
19.43
27.42
29.95
73.13
65.52
36.17
154,720
982
1,734
15,465
44,144
9,095
52,976
17,705
32,187
3,084
17,061
13,104
159
14,295
119
83
1,905
3,666
786
5,762
1,817
3,536
410
453
1,490
32
(')
1.53
21.79
13.55
5.60
2.83
7.18
2.78
4.57
3.73
11.74
4.23
6.33
66.67
4.54
55.46
63.86
13.75
9.77
21.63
7.62
13.87
9.93
30.00
28.26
15.64
^Each estimate includes small business corporations electing to file Form 1120-S returns.
No reliable estimate of the sampling variability can be obtained from the sample.
NOTE: The relative sampling variability at the 95 percent level is the sampling variability expressed as a percent or the estimate. The sampling variability when added to and
subtracted from the eatijnate provides the calculated upper and lower limits within which 95 percent of similarly derived estimates would be expected to fall.
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
135
-SOLE PROPRIETORSHIPS, ACTIVE PARTNERSHIPS, ACTIVE CORPORATIONS, AND SMALL BUSINESS CORPORATION RETURNS, FORM 1120-S:
VARIABILITY OF SELECTED FREQUENCY ESTIMATES, BY SIZE OF VARIABILITY PERCENTAGE, 1959-60
Size of relative sampling variability percentage
Number of
estimates
Cumulative
percent
Size of relative sampling variability percentage
Number of
estimates
Cumulative
percent
SOLE PROPRIETCRSHIPS
Total number of estimates
Less than 10 percent
10 percent under 25 percent
25 percent under 50 percent
50 percent and over
ACTIVl PARTNERSHIPS
Total number of estimates
Less than 10 percent
10 percent under 25 percent
25 percent under 50 percent
50 percent and over
100.0
53.9
16.9
13.8
15.4
100.0
73.8
10.8
12.3
3.1
53.9
70.8
84.6
100.0
73.8
84.6
96.9
100.0
ACTIVE CORPORATION RETURNS
Total number of estimates
Less than 10 percent
10 percent under 25 percent
25 percent under 50 percent
50 percent and over
3JALL BUSINESS CORPCRATION RETURNS, FORM U20-S
Total number of estimates
Less than 10 percent
10 percent under 25 percent
25 percent under 50 percent
50 percent and over
15.4
1.9
1.9
100.0
36.9
35.9
18.5
8.7
80.8
96.2
98.1
100.0
36.9
72.8
91.3
100.0
136
U. S. BUSINESS TAX RETURNS, JULY 1959- JUNE 1960
w
h>
o
-o
C
o
c
o
*5)
0)
0)
3
C
O
>
c
0)
c
Q.
O
^ E °« t: *-
* • ■
Historical Data
HISTORICAL TABLES
Page
35. Sole proprietorships: Number of businesses, business re-
ceipts, net profit, net loss, and depreciation, for whole-
sale and retail trade industries, for selected years 140
36. Active partnerships: Number of active partnerships, business
receipts, net profit, net loss, and depreciation, for whole-
sale and retail trade industries, for selected years 1A2
37. Active corporation returns: Number of returns, total com-
piled receipts, business receipts, net income, and total
assets, for wholesale and retail trade industries, for se-
lected years 144
138
HISTORICAL DATA
General
The histroical data presented in this volume were derived from
material prepared for the Statistics of Income series. For the period
194-5 through 1959, data were selected from years for which information
was available for both unincorporated businesses and corporations.
The user of these tables must not expect exact comparability of data
over many years because:
1. The tables span a period of time during which two basic tax
laws were in effect, i.e., the 1939 and the 195A- Internal Revenue Codes.
In addition, there were frequent amendments to each Code; for example,
the Technical Amendments Act of 1958.
2. The Standard Industrial Classification was revised for Manufac-
turing industries in 1947, and for Nonmanufacturing industries in 1951.
In 1957, a new version covering all industries was established. Also,
shifts in production techniques and materials, together with the intro-
duction of new products, have caused individual firms to be shifted
from one industry group to another. Generally, these shifts have been
confined within particular industrial divisions — i.e., there have been
few shifts from one industrial division to another. The Statistics of
Income publications from which these historical data were obtained
describe the changes in industrial classifications.
3. The statistical sample used for the three types of business
organizations varied somewhat from year to year. The original source
of the data describes in detail the statistical sample used and the
limitations of the data.
Sole proprietorships
Data appearing in the sole proprietorship tables were taken from
the Statistics of Income series Individual Income Tax Returns reports
for the period 1945-46 through 1955-56. The 1957-58 and 1958-59 data
were from U. S. Business Tax Returns reports.
Partnerships
The historical data for 1945-46 and 1947-48 were obtained from
Treasury Department press releases containing income statement items,
and selected items by size classification. The 1953-54 data were from
the Statistics of Income 1953 series Partnership Returns, a report
covering many heretofore unpublished financial details of partnerships .
The 1957-58 and 1958-59 data were taken from U. S. Business Tax Returns
reports .
Corporations
Data shown in the corporation historical table are selections from
material published in the annual report. Statistics of Income, Corpora-
tion Income Tax Returns or available from xmpublished worksheets com-
prising the Source Book. (See page 187, Statistics of Income- 1958-59,
Corporation Iiicome Tax Returns for description and use of the Source
Book.) The years covered were selected to complement the periods for
which sole proprietorship and partnership data are available.
139
654367 O - 62 - 10
140 U. S. BUSINESS TAX RETURNS, HISTORICAL DATA
SOLE PROPRIETORSHIPS IN WHOLESALE AND RETAIL TRADE
Table 35. -NUMBER OF BUSINESSES, BUSINESS RECEIPTS, NET PROFIT, NET LOSS, AND DEPRECIATION, IN WHOLESALE AND RETAIL TRADE INDUSTRIES, FOR
SELECTED YEARS
Industry and year
Businesses with and without net profit
Number of
businesses
Business
receipts
dotlmra)
Deprecia-
tion
dolUft
Net profit
(less loss)
Businesses with net profit
Number of
businesses
Business
receipts
(Thousand
dolUru)
Net
profit
(fhaumand
Businesses without net profit
Number of
businesses
Buatnesa
receipts
(Thouaand
dollmrm)
(ThoumMd
dollmrt)
(1)
(2)
(3)
(M
(5)
(6)
(7)
(8)
m
wholesale and retail trade, total:
1959-60'
1958-59'
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Total wholesale trade:
1959-60'
1958-59'
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Selected wholesale trade industries:
Groceries and related products:
1959-60'
1958-59'
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-i6
Farm products — raw materials;
1959-60'
1958-59'
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Total retail trade:
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Selected retail trade industries:
Food:
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
General merchandise:
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Apparel and aoceasories:
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Furniture, bcme furnishings, and equipment:
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-4a
1945-46
2,009,785
1,880,131
1,870,401
1,736,179
1,825,442
1,723, 5X
1,691,370
1,549,335
1,285,517
269,063
255,457
260,319
257,100
222,720
212,674
165,687
206,111
144,144
41,405
40,618
31,318
31,970
29,871
n.a-
29,801
n.a.
n. a.
15,388
24,936
13,853
14,573
15,599
n.a.
14,957
n.a.
n.a.
1,582,002
1,552,566
1,538,996
1,399,963
1,537,228
1,450,471
1,449,331
1,286,796
1,100,621
329,550
348,634
358,532
344,548
408,864
409,245
402,554
355,640
306, 129
159,021
80,824
64,758
62,689
69,073
72,674
77,079
64,830
49,955
72,183
64,700
70,510
69,111
75,270
66,949
66,205
56,910
63,736
75,661
75,926
75,494
70,135
71,994
63,632
54,304
42,800
26,810
92,389,543
85,157,755
89,312,470
73,953,486
80,969,411
72,612,998
61,141,142
55,492,385
43,032,887
19,084,211
16,855,538
18,511,321
15,313,496
17,124,226
15,966,764
11,482,862
11,417,024
10i089,941
4,779,179
4,862,145
3,662,865
3,739,474
4,208,490
n.a.
2,837,579
n.a.
n.a.
3,049,247
3,018,600
2,988,993
1,827,372
3,068,510
n.a.
2,053,273
n.a.
n.a.
66,166,636
63,311,383
66,668,849
54,368,411
59,993,685
53,086,430
46,027,751
41,368,707
30,545,231
16,476,320
15,997,339
17,956,497
14,808,436
17,418,961
16,977,819
13,524,418
11,944,111
9,210,272
3,330,597
2,965,035
2,335,403
2,101,649
2,462,633
2,383,288
2,290,855
2,039,758
1,674,069
2,747,771
2,548,183
2,624,507
2,377,909
2,650,558
2,270,479
1,992,826
1,915,968
2,096,231
3,081,055
3,361,466
3,156,080
2,766,698
2,871,436
2,489,802
1,813,253
1,495,306
683,482
1,335,386
1,211,331
'1,213,630
n.a.
n.a.
n.a.
n.a.
n.a.
225,257
197,458
'214,437
n.a
n.a
n.a
n.a
n.a
n.a
40,674
40,061
'33,977
n.a
n.a
n.a
n.a
n.a
n.a
15,991
21,120
'22,318
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
965,711
946,677
'932,768
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
195,971
203,297
'217,266
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
65,005
54,940
'26,417
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
33,014
27,639
'35,317
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
54,943
57,475
'52,138
n.a.
n.a.
n.a.
n.a.
n.a.
n.a.
5,781,879
5,281,021
5,358,868
4,885,593
4,872,219
n.a.
3,878,032
4,175,861
4,023,277
1,169,079
1,122,102
1,185,309
1,070,596
1,003,437
n.a.
583,229
808,727
668, %1
188,277
158,379
118,196
128,915
116,146
n.a.
n.a.
n.a .
n.a.
10,607
85,072
41, 509
16,111
29,850
n.a.
n.a.
n.a.
n.a.
4,122,114
3,910,975
3,929,500
3,570,506
3,680,573
n.a.
3,092,692
3,186,206
3,179,785
774,985
795,341
828,395
779,879
353,698
n.a.
751,013
676,142
690,332
250,078
175,573
155,325
153,099
158,613
n.a.
149,972
142,649
n.a.
243,677
212,681
212,385
216,772
226,498
n.a.
152,013
193,939
n.a.
262,101
249,373
224,357
221,755
192,476
n.a.
n.a.
n.a.
n.a.
1,650,985
1,549,694
1,562,437
1,466,849
1,543,996
1,471,050
1,434,388
1,366,559
1,199,134
234,208
224,321
228,007
223,625
195,073
187,933
141,963
182,413
134,591
37,658
37,627
28,151
28,668
27,212
n.a.
26,310
n.a.
n.a.
12,421
22,540
11,535
10,149
12,490
n.a.
12,259
n.a.
n.a.
1,238,356
1,265,007
1,279,974
1,178,326
1,296,390
1,232,521
1,223,904
1,134,545
1,026,506
278,068
301,554
312,368
301,411
355,210
355,518
349,980
317,530
290,121
125,947
60,962
53,340
51,779
59,686
62,277
65,012
57,523
47, 392
61,255
52,718
58,302
57,526
64,042
55,671
54,422
49,836
60,001
62,381
62,169
60,625
53,004
58,462
51,261
44,726
37,994
23,596
32,899,947
78,699,537
30,460,955
67,845,139
73,500,954
66,557,636
55,405,006
51,500,910
41,282,337
17,303,663
16,167,307
16,773,052
13,782,910
15,570,455
14,687,073
10, 336, 326
10,572,727
9,462,799
4,667,038
4,668,109
3,458,243
3,238,546
3,781,436
n.a.
2,530,753
n.a.
n.a.
2,381,259
2,875,188
2,380,034
1,301,988
2,836,853
n.a.
1,866,303
n.a.
n.a.
59,176,048
58,380,141
60,006,250
50,104,773
54,446,856
48, 676, 156
41,746,013
33,485,334
29,551,739
14,694,177
15,120,895
16,436,645
13,675,981
15,951,492
15,641,653
12,441,276
11,064,551
8,946,857
3,046,158
2,672,658
2,120,077
1,916,691
2,184,688
2,196,130
2,054,937
1,911,332
1,634,743
2,436,010
2,406,266
2,407,331
2,177,024
2,483,112
2,077,097
1,738,862
1,809,845
2,060,916
2,853,942
3,079,006
2,800,617
2,529,174
2,548,225
2,225,361
1,622,233
1,411,293
658,161
6,453,601
5,774,977
5,373,653
5,291,398
5,349,410
5,037,635
4,288,365
4,459,872
4,127,280
1,298,493
1, 179, 548
1,256,741
1,131,095
1,064,103
1,052,282
645,325
364,126
690,848
193,357
169,839
127,121
135,149
122,273
n.a.
98,079
n.a.
n.a.
59,694
91,165
49,751
33,484
43,707
n.a.
43,696
n.a.
n.a.
4,604,463
4,331,657
4,350,920
3,333,129
4,070,362
3,777,137
3,411,303
3,401,228
3,254,957
872,865
850,020
891,291
826,975
961,695
866,131
305,537
721,235
704,209
280,933
203,551
169,673
165,876
172,616
173,106
166, 174
154,394
174,721
264,414
230,973
237,376
239,035
249,229
212,770
132,880
205,854
305,376
283,075
273, 716
252,764
244,713
223,793
201,973
156,933
154,220
99,417
358,800
330,437
307,964
269,330
281,446
252,484
256,982
182,776
86,383
34,855
30,636
32,312
33,475
27,647
24,736
23,724
23,698
9,553
3,747
2,991
3,167
3,302
2,659
(')
n.a.
n.a.
2,967
2,396
2,313
4,424
3,109
(')
n.a.
n.a.
293,646
237,559
259,021
221,637
240, 838
217,950
220,427
152,251
74,115
51,482
47,080
46,164
43,137
53,654
53,727
52,574
38, 110
16,008
33,074
19, 862
11,418
10,910
9,337
10, 397
12,067
7,307
(')
10,923
11,982
L2,208
11,585
11,223
11,273
11,783
7,074
(')
13,280
13,757
14,869
12,131
13,532
12,371
(')
'^>
(')
9,489,596
6,458,163
8,851,515
6,108,X7
7,468,457
6,055,362
5,736,136
3,991,475
1,750,550
1,780,548
688,281
1,738,269
1,530,586
1,553,771
1,279,691
1,096,536
844,297
627,142
112,141
194,036
204,622
500,923
427,054
(')
n.a.
n.a.
667,938
143,412
608, 909
525,334
231,657
C)
n.a.
n.a.
6,990,588
5,431,247
6,662,599
4,263,638
5,546,829
4,410,274
4,281,738
2,383,323
993,492
1,782,143
876,444
1,519,852
1,132,455
1,467,469
1,336,166
1,033,142
879, 560
263, 415
284,439
292,377
215,326
184,958
277,945
187,153
235,913
123,426
(')
261,761
141, 917
217,176
200,885
167,446
193,382
253,964
106,123
227,113
282,460
355,463
237, 524
323,211
264,441
' >
(')
(10)
671,722
493,956
519,785
405,305
477, 191
n.a.
410,333
284, Oil
104,003
129,4U
57,446
71,432
60,499
60,666
n.a.
62,596
55,399
21,887
5,080
11,460
8,925
6,234
6,127
(')
n.a.
n.a.
49,087
6,093
3,242
17,373
13,857
(')
n.a.
n.a.
482,349
420, 682
421,420
312,623
389,789
n.a.
313,611
215,022
75,172
97,880
54,679
62,396
47,096
107,997
n.a.
54,574
45,093
13,877
30,855
27,978
14,348
12,777
14,003
n.a.
16,202
11,745
(')
20,737
18,292
24,991
22,263
22,731
n.a.
30,867
11,915
20,974
24,343
28,407
22,963
31,317
Footnotes at end of table. See text for explanatory atatementa and "Descrlptlcai of the Saiqile and LimitatlOTXs of the Data."
U. S. BUSINESS TAX RETURNS, HISTORICAL DATA
SOLE PROPRIETCWSHIPS IN WHOLESALE AND RETAIL TRADE
Table 35. -NUMBER OF BUSINESSES, BUSINESS RECEIPTS, NET PROFIT, NET LOSS, AND DEPRECIATION, IN WHOLESALE AND RETAIL INDUSTRIES, FOR
SELECTED YEARS— Continued
141
Industry and year
Businesses with and without net profit
Number of
businesses
Business
receipts
rrhcwBMd
dollmra)
Deprecia-
tion
CThouaKtd
dollmrm)
Net profit
(less loss)
CThouaand
dollmrm)
Businesses with net profit
Number of
businesses
Business
receipts
(Theaamid
dolltra)
Net
profit
(Thttuaand
dotlmraj
Businesses without net profit
Number of
businesses
Business
receipts
(Thou»»nd
dotUra)
(Thaua^nd
doiUra)
Selected retail trade industries — Continued
Automotive dealers;
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Gasoline service stations:
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Eating and drinking places:
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Building materials;
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48'
1945-46'
Hardware and farm equipment;
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Drug stores and proprietary stores;
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Liquor stores;
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945-46
Total wholesale and retail trade not allocable
1959-60
1958-59
1957-58
1955-56
1953-54
1951-52
1949-50
1947-48
1945^6
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
56,139
65,592
60,520
52,556
60,028
55,714
54,430
56,171
30,844
202,217
206,582
185,498
163,973
172,036
159,956
158,979
133, 526
112,207
299,707
297,815
303,546
263,315
292,633
287,281
287,775
239,190
209,510
29,609
29,424
23,350
22,199
20,354
20,004
16,338
40,511
41,001
38,857
33,586
32,090
29,928
33,886
31,496
28,804
22,742
20,580
33,476
35,544
37,263
31,853
40,916
36,535
37,264
34,589
37,935
27,972
20,000
24,669
22,899
25,356
21,942
24,599
20,455
16,634
158,720
72,108
71,087
79, 116
65,494
60,389
76,352
56,428
40,752
6,524,375
6,991,791
7,892,701
6,661,843
7,162,626
5,791,340
5,578,973
4,949,167
1,734,756
10,666,065
10,217,145
9,573,328
7,049,777
7,227,128
5,619,684
4,738,000
3,398,224
2,080,012
8,029,691
7,656,731
7,689,439
6,534,U0
7,140,749
6,608,651
6,127,600
5,359,621
4,771,881
1,590,960
1,396,369
1,347,025
1,034,334
1,093,139
1,003,430
661,018
1,444,209
1,074,408
2,433,673
1,910,197
1,835,686
1,641,080
1,762,247
1,868,086
1,418,133
1,116,523
736,330
2,921,094
2,723,460
2,738,786
2,121,544
2,327,940
1,935,852
1,812,342
1,648,145
1,591,012
1,594,533
1,510,824
1,606,356
1,254,030
1,327,917
1,074,078
967,586
920,942
861,863
7,138,696
4,490,779
4,132,300
4, 271, 579
3,851,500
3,559,804
3,630,529
2,706,654
2,397,715
43,394
48,120
^48,609
n.a
n.a
n.a
n.a
n.a
n.a
89,317
86,572
276,187
n.a
n.a
n.a
n.a
n.a
n.a
223,958
217,949
^213, 107
n.a.
n.a.
n.a.
n.a.
30,919
21,903
^18,936
n.a
n.a
n.a
n.a
n.a
n.a
32,123
34,842
=^27,806
n.a
n.a
n.a
n.a
n.a
n.a
38,702
54,529
^46,628
n.a.
n.a
n.a.
n.a
n.a
n.a
17,069
12,731
'12,692
n.a
n.a
n.a
n.a.
n.a
n.a.
144,418
67, 196
'66,375
n.a.
n.a
n.a.
n.a.
n.a.
n.a.
157,157
217,257
186,299
225,026
206,856
n.a.
261,701
383,602
n.a.
526,491
512,389
472,371
403,521
431,644
n.a.
306,884
248,862
197, 817
696,466
625,248
661,651
574,758
602,985
n.a.
487,826
463,866
597,833
95,502
81,037
83,420
78,914
72,818
n.a.
n.a.
n.a.
n.a.
129,675
84,678
72,531
83,379
93,087
n.a
n.a
n.a
n.a
290,791
274,725
272,882
200,704
224,188
n.a.
n.a.
n.a.
n.a.
121,054
104,944
121, 165
108,978
96,930
n.a.
n.a.
n.a.
n.a.
490,686
247,944
244,059
244,491
188,209
n.a.
202, 111
180,928
41,326
50,398
44,915
42,835
46,599
45,409
42,628
49,441
28,406
165,833
170,350
157,329
142,105
150,317
139,867
142,008
120,380
103,326
239,145
234,949
247.282
216, 109
240,693
232,650
234,121
202,477
193,391
23,118
24,164
18,237
18,155
16,289
17,491
13,823
36,731
37,850
31,182
25,201
24,785
24,716
26,949
26,254
24,885
21,156
19,111
30,697
31,617
34,294
29,414
38, 382
33,663
34,914
32,382
36,816
24,987
17,389
21,922
20,942
22,661
20,106
21,900
18,084
15,468
128,421
59,866
54,456
64,898
52,533
50,591
63,521
49,601
38,037
5,330,886
6,167,538
6,519,160
6,241,223
6,032,485
5,266,092
4,993,191
4,702,175
1,678,266
9,747,339
9,099,322
8,789,756
6,659,499
6,835,724
5,264,771
4,412,157
3,200,416
1,994,831
7,168,951
6,828,545
6,833,769
5,851,252
6,427,012
5,790,652
5,310,069
4,726,845
4,577,256
1,346,543
1,277,681
1,220,933
902,385
990,226
938,824
612,646
1,385,879
1,008,137
2,174,796
1,682,755
1,414,689
1,461,625
1,573,382
1,726,121
1,332,590
1,073,301
716,081
2,818,123
2,593,553
2,664,577
2,067,789
2,282,415
1,851,593
1,734,043
1,586,967
1,563,610
1,525,983
1,452,476
1,537,455
1,204,394
1,268,102
1,025,634
901,088
858,240
845,965
6,420,236
4,152,139
3,581,653
3,957,456
3,483,643
3,194,407
3,272,667
2,442,799
2,267,799
212,760
255,573
232,867
255,950
252,928
354,854
297,901
398,712
166,652
582,618
564, 154
509,315
431,857
454,389
366,517
326,409
260,916
204,623
769,295
698,406
732,483
632,026
667,257
616,813
560,759
521,015
613,912
115,910
100,424
97,930
85,220
73, 593
84,329
56,051
130,025
108,074
143,794
117,211
100,574
93,603
106,521
137,490
113,343
107,100
83,375
298,467
284,749
282,395
212,775
228,847
184,838
177,943
167,031
193,812
125,374
107,257
125,343
111,618
100,167
90,166
80,001
77,084
94,299
550,645
263,772
270,992
277, 174
214,945
208,266
231,237
194, 518
181,475
14,813
15,194
15,605
9,721
13,429
10,305
11,802
6,730
(')
36,384
36,232
28, 169
21,868
21,719
20,089
16,971
13,148
8,881
60, 562
62,866
56,264
47,206
51,940
54,631
53,654
36,713
16,119
6,491
5,260
5,113
4,044
4,065
2,513
(')
7,675
8,385
7,305
5,212
6,937
5,242
(')
2,779
3,927
2,969
2,439
2,534
2,872
(')
2,985
2,611
2,747
1,957
2,695
1,836
(^)
(')
30,299
12,242
16,631
14,218
12,961
9,798
12,831
6,827
(')
1,193,489
824,253
1,373,541
420,620
1,130,141
525,248
585,782
246,992
e)
918,726
1,117,823
783, 572
390,278
391,404
354,913
325,843
197,808
85,181
860,740
828, 186
855,670
682,888
713,737
817,999
817,531
632,776
194,625
244,417
118,688
126,092
131,949
102,913
64,606
C = )
,258,877
' 227,442
420,997
179,455
188,865
141,965
(')
102,971
129,907
74,209
53,755
45,525
84,259
( = )
68,550
58,348
68,901
49,636
59,815
48,444
f^
(')
( = )
718,460
338,640
450,647
314,123
367,857
365, 397
357,862
263,855
(^)
55,603
38,316
46,568
30,924
46,072
n.a.
36,200
15,110
56,127
51,765
36,944
28,336
22,745
n.a.
19,525
12,054
6,806
72,829
73,158
70,832
57,268
64,272
n.a.
72,933
57, 149
16,079
20,408
19,387
14,510
6,306
5,775
n.a.
( = )
14, 119
32,533
28,043
10,224
13,434
n.a.
<^'
(')
7,676
10,024
9,513
12,071
4,659
4,320
2,313
4,178
2,640
3,237
59,959
15,828
26,933
32,683
26,736
n.a.
29,126
U,590
n.a. - Not available.
^Excludes "Comniaslon merchants."
^Selected Financial Data is only source of data. However, sample difference was insignificant.
^No reliable estimate of the sampling variability can be obtained from the sample.
^"Building materials" for 1947-48 and 1945-46 Include "Fuel and ice dealers."
NOTE: See text for explanatory statements and "Description of the Saii53le and Limitations of the Data." _ ^ ^
The Industrial division total Includes data for industrial groups not shown. See table 1 for a complete list of induBtrlal groups lor sole proprletarshlps .
142 U. S. BUSINESS TAX RETURNS, HISTORICAL DATA
ACTIVE PARTNERSHIPS IN WHOLESALE AND RETAIL TRADE
Table 36.— NUMBER OF ACTIVE PARTNERSHIPS, BUSINESS RECEIPTS, NET PROFIT, NET LOSS, AND DEPRECIATION, IN WHOLESALE AND RETAIL TRADE INDUSTRIES
FOR SELECTED YEARS '
Selected industries and years
Partnerships with and without net profit
Number of
partner-
ships
Business
receipts
(Thovand
dollmrm)
Gross
profit
(less loss)
(Thouwand
dotlmra}
Deprecia-
tion
(Thaummnd
dollmf)
Partnerships with net profit
Number of
partner-
ships^
Business
receipts
(Thoa»»nd
dollar*)
Gross
profit
(Thouamnd
dollarm)
Net
profit 2
(Thouiattd
dotlmra)
Partnerships without net profit
Number of
partner-
ships^
Business
receipts
(Thtmimmtd
dollmrm)
Gross
profit
(less loss)
(Thoumand
dolJmrm)
Net loss^
(Thoumand
dollmrm)
(1)
(2)
(3)
(^)
(->)
(6)
(V
(8)
(9)
(10)
VAlolesale end retail trade,
total:
1959-60
1958-59
1957-58
1953-54
1947-48
1945-46
Total ubolesale trade;
1959-60
1958-59
1957-58
1953-54
1947-48
1945-46
Total retail trade:
1959-60
1958-59
1957-58
1953-54
1947-48
1945-46
Selected retail trade industries:
Food:
1959-60
1958-59
1957-58
1953-54
1947-48
1945-i6
General merchandise:
1959-60
1958-59
1957-58
1953-54
1947-18
1945-46
Apparel and accessories:
1959-60
1953-59
1957-58
1953-54
1947-48
1945-46
Furniture, home furnishings, and
equipment :
1959-60
1958-59
1957-58
1953-54
1947-48
1945-46
Automotive dealers:
1959-60
1958-59
1957-58
1953-54
1947-48
1945-16
Gasoline service stations:
1959-60
1958-59
1957-58
1953-54
1947-48
1945-16
Eating end drinking places:
1959-60
1958-59
1957-58
1953-54
1947-48
1945-46
Building materials:^
1959-60
1958-59
1957-58
1953-54
1947-48
1945-46
Hardware and farm equipotent:
1959-60
1958-59
1957-58
1953-54
1947-18
1945-46
(11)
(12)
303,822
317,656
331,074
356,800
372,212
248,860
50,456
48,884
53,161
46,665
45,280
37,037
241,170
250,629
266,006
291,234
294,759
201,854
40,261
42,545
49,339
55,871
59,401
40,871
11,416
14,562
13,743
15,820
15,138
12,586
15,247
20,296
19,620
17,877
18,076
13,745
14,413
15,776
17,283
17,879
14,208
8,776
16,759
13,658
19,056
21,790
24,521
12,303
31,256
31,263
29,851
31,970
24,022
14,698
49,191
50,344
49,797
61,142
66,U0
44,167
5,553
7,991
6,193
7,792
7,795
7,106
11,819
10,193
14,002
12,955
10,165
8,183
41,659,862
42,919,970
47,048,420
47,973,413
37,818,183
26,678,408
14,564,794
15,115,810
17,245,681
17,306,042
13,048,982
11,667,486
24,882,099
25,378,891
27,853,899
28,194,552
20,303,945
12,868,831
5,569,178
5,961,426
6,514,985
6,644,102
4,515,675
2,854,865
1,155,181
1,221,572
1,366,645
1,353,025
1,329,105
1,195,833
1,453,992
1,866,325
1,609,780
1,552,404
1,435,828
1,300,123
1,408,818
1,494,382
1,718,829
1,668,965
1,040,815
503,161
4, 179,442
3,849,100
5,052,518
5,956,022
3,685,628
1,192,962
2,378,588
2,289,447
2,168,374
1,830,958
873,869
441,621
2,423,154
2,546,195
2,445,392
2,784,976
2,424,998
1,799,929
914, 102
1,109,577
1,032,553
1,035,622
673,571
512,648
1,422,463
1,224,018
1,710,363
1,532,416
829,731
484,450
9,243,687
9,355,047
9,929,262
9,422,018
7,337,091
6,102,708
2,458,894
2,450,619
2,708,521
2,281,580
1,826,321
1,837,663
6,271,573
6,334,339
6,795,127
6,642,624
5,133,474
3,805,664
1,003,110
1,037,221
1,167,068
1,251,576
754,611
559,033
307,067
310,381
342,393
321,433
305,982
323,502
479,290
623,789
523,130
497,278
444,663
459,059
462,858
470,454
553,622
515,427
334,485
198,754
600,059
550,422
726,437
833,090
792,734
337,284
535,739
502,625
472,854
374,780
193,982
111,825
1,143,317
1,172,346
1,136,503
1,228,681
998,240
801,099
228,510
286,258
251,124
250,424
169,523
142,359
305,305
263,888
358,180
329,330
199,348
125,739
434,826
473,776
495,052
416,346
228,836
115,493
111,833
119,776
133,344
89,000
42,949
24,792
295,728
322,728
338,814
305,497
157, 322
80,535
53,964
63,266
70,917
70,347
31,572
15,816
18,713
21,330
15,257
12,193
6,799
4,942
14,541
20,422
17,991
15,291
8,761
5,483
16,705
17,784
19,023
19,374
7,113
2,802
22,572
20,930
28,216
33,753
18,609
7,922
19,267
18,173
18,059
12,844
5,715
3,132
64,238
71,083
70,356
62,235
39,658
19,761
11,539
16,601
13,876
12,557
6,398
3,925
13,286
12,673
18,707
13,825
5,327
2,536
253,244
261,491
270,139
316,841
335,028
234,186
42,017
40,439
44,450
40,907
39,966
34,475
200,611
206,607
216,739
259,918
266,294
190,225
34,766
36,724
42,729
51,089
53,898
39,317
9,447
11,503
11,176
13,170
14,085
12,142
12,871
16,852
14,939
16,433
16,403
13,123
12,073
12,256
13,679
15,611
12,788
7,988
12,883
10,506
13,779
17,708
22,956
11,413
26,011
26,274
24,463
28,550
22,059
13,721
39,945
41,603
40,228
54,901
57,326
40,936
4,730
6,371
5,287
6,665
7,145
6,641
9,786
7,763
11,107
11,507
9,644
7,850
38,475,953
37,399,133
39,654,007
45,086,104
36,353,932
26,186,337
13,702,947
13,292,493
14,429,962
16,204,203
12,512,012
11,439,896
22,700,007
21,920,647
23,627,455
26,516,937
19,542,564
12,639,311
5,170,334
5,453,305
5,835,363
6,318,785
4,299,979
2,810,662
1,068,633
986,193
1,189,931
1,288,769
1,299,525
1,181,009
1,339,051
1,659,449
1,327,288
1,479,934
1,400,855
1,290,346
1,288,618
1,315,022
1,500,068
1,565,912
1,015,913
491,834
3,630,837
2,636,714
3,416,022
5,436,551
3,627,527
1,170,509
2,138,244
2,104,015
1,901,942
1,758,279
835, ai6
428,477
2,173,120
2,259,604
2,146,556
2,653,536
2,217,608
1,740,533
850,666
980,207
932,141
969,638
660,166
503,344
1,273,999
1,002,539
1,435,835
1,385,785
818,536
479,560
3,620,684
8,384,705
3,810,986
9,059,937
7,610,820
6,023,046
2,327,532
2,224,818
2,452,364
2,210,225
1,782,827
1,814,304
5,807,562
5,645,186
5,985,115
6,367,432
4,977,333
3,754,862
941,296
964,440
1,071,526
1,202,146
729,089
554,574
285,859
257,663
310,270
311,563
302,399
321,117
446,151
563,748
443,243
477,415
437,281
456,646
429,159
423,058
434,383
486,736
329,860
196,020
542,724
404,161
525,929
781,127
786,024
332,805
494,685
472,112
415,949
365,122
187,268
110,047
1,030,365
1,048,502
1,016,003
1,175,076
917,325
777,589
213,286
260,621
222,521
244,355
166,959
140,951
280,683
228,081
316,657
313,096
198,501
125,417
2,683,290
2,713,152
2,378,355
3,213,945
3,320,581
2,794,518
744,454
755,989
824, 761
317,089
739,435
352, 189
1,796,234
1,797,770
1,938,815
2,212,091
2,160,306
1,746,561
297, 372
302,277
335,462
411,199
296, 544
250,602
84,967
83,064
109,232
119,606
138, 382
170, 680
133,224
170, 317
143,842
154,813
18(7, 197
228,935
136,899
141,401
150,499
164,366
150,737
95,967
147,758
128,398
164,501
259,481
407,925
146,674
174,615
165,699
U6,767
153,250
88,209
56,877
270,766
286,267
273, 330
353,843
288,261
286,226
65,828
85,284
77,741
92,861
78,952
66,152
92, 514
37,059
117, 874
117, 380
109,342
73,941
50,578
56,165
60,935
39,959
37,184
14,674
3,439
8,445
8,711
5,758
5,314
2,562
40,559
44,022
49,217
31,316
28,465
11,629
5,495
5,821
6,610
4,782
5,503
1,554
1,969
3,059
2,567
2,650
1,053
444
2,376
3,444
4,681
1,444
1,673
617
2,340
3,520
3,604
2,268
1,420
788
3,876
3,152
5,277
4,082
1,565
890
5,245
4,989
5,388
3,420
1,963
977
9,246
8,741
9,569
6,241
8,784
3,231
823
1,620
906
1,127
650
465
2,033
2,430
2,395
1,448
521
333
3,183,909
5,520,787
7,394,413
2,387,309
1,459,251
492,071
861,847
1,823,317
2,815,719
1,101,834
536,970
227, 590
2,182,092
3,458,244
4,226,444
1,677,615
761,381
229,520
398,844
508,121
629,617
325,317
215,696
44,203
86,548
235,379
176,714
64,256
29,530
14,824
114,941
206,876
282,492
72,470
34,973
9,777
120,200
179,360
218,761
103,053
24,902
11, 327
498,605
1,162,336
1,636,496
519,471
58,101
22,453
240,344
135,432
263,432
72,679
38,323
13,144
245,034
286,591
298,336
131,390
207,390
59, 391
63,436
129,370
100,412
65,984
U,405
9,304
148,464
221,479
274, 528
146,631
11,145
4,390
623,003
970,342
1,118,276
362,081
226,271
79,662
Ul,312
225,801
256, 157
71,355
43,494
23,359
464,011
689,203
810,012
275,192
160,636
50,302
61,814
72,781
95, 542
49,430
25,522
4,459
21,208
52,718
32,123
9,870
3,583
2,385
33,139
60,041
79,887
19,363
7,382
2,413
33,699
47,396
63,739
28,641
4,625
2,734
57,335
146,261
200,508
51,963
6,710
4,479
41,054
30,513
56,905
9,658
6,714
1,778
112,952
123,844
120,500
53,605
80,915
23,510
15,224
25,637
28,603
6,069
2,564
1,908
24,622
35,307
41,523
16,234
847
322
154.178
177,251
157,333
174,692
86,728
25,987
43,903
47,927
45,718
84,208
23,940
3,553
104,459
121,671
101,813
84,502
53,022
15,966
U,164
13,94«
12,777
10,184
9,528
2,029
5,100
7,320
9,224
5,415
2,146
717
7,417
9,042
9,003
3,144
3,461
767
7,676
9,718
5,939
6,475
2,953
875
13,172
13,411
13,589
22,255
3,273
1,426
8,535
5,716
7,714
4,764
1,989
793
17,768
22,121
16,717
14,621
18,123
4,991
4,163
11,487
2,U9
4,756
1,047
722
7,476
3,835
8,216
6,390
1,050
508
Footnotes at end of table. See text for explanatory statements and "Description of the Saaq>Ie and Limitations of the Data.
U. S. BUSINESS TAX RETURNS, HISTORICAL DATA 143
ACTIVE PARTNERSHIPS IN WHOLESALE AND RETAIL TRADE
Table 36.— NUMBER OF ACTIVE PARTNERSHIPS, BUSINESS RECEIPTS, NET PROFIT, NET LOSS, AND DEPRECIATION, IN WHOLESALE AND RETAIL TRADE INDUSTRIES,
FOR SELECTED YEARS— Continued
Selected industries and years
Partnerships with and without net profit
Number of
partner-
ships
Business
receipts
(Thouamnd
dollmra)
Gross
profit
(less loss)
(Thoum^nd
dollara)
Deprecia-
tion
(Thouaand
dollarw)
Partnerships with net profit
Number of
partner-
ships^
Business
receipts
(Thouttnd
dollara)
Gross
profit
(Thoammtd
dollar a)
Net
profit^
(TYtoaamnd
dollar a)
Partnerships without net profit
Number of
partner-
ships^
Business
receipts
(Thouaand
dollara)
Gross
profit
(less loss)
(Thouaand
dottara)
(Thouaand
dotlara)
(1)
(2)
(3)
(.i)
(5)
(6)
C7)
(8)
(9)
(10)
(11)
(12)
Selected retail trade Induatries-Con,
Drug stores and proprietary stores:
1959-60
1958-59
1957-58
1953-5*
1947-48
1945-46
Liquor stores:
1959-60
1958-59
1957-58
1953-54
1947-48
1945-;6
Total wholesale and retail trade not
allocable:
1959-60
1958-59
1957-58
1953-54
1947-18
1945-46
9,311
7,566
9,645
8,471
9,295
7,710
5,414
5,354
4,963
4,073
4,965
3,338
12,196
18,143
11,907
18,901
32,173
9,969
1,263,259
941,955
1,220,001
888,054
720, 170
565,264
571, 307
532,624
493,216
354,141
365,558
274,860
2,212,969
2,425,269
1,948,840
2,472,819
4,465,256
2,142,091
413,607
289,804
386,167
271,285
208,659
167,902
123, 876
116,060
105,418
71,486
73,026
60,247
513,220
570,039
425,614
497,814
872,296
459,381
15,029
11,080
14,390
9,077
4,969
3,004
5,132
4,520
5,013
2,444
2,324
1,067
27,265
31,272
22,894
21,849
28,565
10, 166
8,608
6,868
9,036
8,170
8,891
7,553
4,891
4,632
4,554
3,873
4,574
3,162
10,616
14,445
8,900
16,016
28,768
9,486
1,216,586
893,083
1,195,703
880,362
704,821
561,297
548,939
490, 503
475,398
X6,672
352,024
270,499
2,072,999
2,186,043
1,596,590
2,364,959
4,304,356
2, 107, 130
400,922
275,394
379,917
269,244
205,425
167,251
119,709
108,019
103,681
70,658
70,839
59, 337
485,540
514,701
373, 507
482,280
850,155
453,380
142,364
96,025
142,616
103,107
90, 188
82,318
52,837
48,261
41,912
36,334
36,304
35,534
142,602
159,393
114,779
184,765
370, 840
195,768
703
698
609
301
404
157
523
672
409
200
391
176
1,580
3,698
3,007
2,885
3,405
483
46,673
48,872
24,298
7,692
15,349
3,967
22,368
42,121
17,318
7,469
13,534
4,361
139,970
239,226
352,250
107,860
160,900
34,961
12,685
14,410
6,250
2,041
3,234
651
4,167
8,041
1,737
828
2,187
910
27,680
55,333
52,107
15,534
22,141
5,501
2,002
3,616
1,011
634
1,189
252
1,538
(')
476
138
742
341
5,816
7,653
9,802
5,982
9,766
1,468
^Net profit data appearing in the 1957-58 and 1958-59 issue of the report "U. S. Business Tax Returns" differs from the data shown below because secondary income was excluded.
To the degree that this income was controlling, the number of partnerships, with net profit end net loss shown below for 1957-58 and 1958-59 is understated,
inpayments to partners" was not an allowable business dedu^lon in "net profit" or "net loss" determination for the years 1945-46 through 1953-54.
'•building materials" for 1947-48 and 1945-46 include "Fuel and ice dealers."
*No reliable estimate of the sampling variability can be obtained from the sample.
NOTE: See text for explanatory statenents and "Description of the Sample and Limitations of the Data."
The industrial division total includes data for industrial groups not shown. See table 9 for a complete list of industrial groups for active partnerships.
144 U. S. BUSINESS TAX RETURNS, HISTORICAL DATA
ACTIVE CORPORATIONS DJ WHOLESALE AND RETAIL TRADE
Table 37 —ACTIVE CORPORATION RETURNS: NUMBER OF RETURNS, TOTAL COMPILED RECEIPTS, BUSINESS RECEIPTS, NET INCOME, AND TOTAL ASSETS, IN WHOLESALE
AND RETAIL TRADE INDUSTRIES, FOR SELECTED YEARS
Wholesale and retail trade
Industries and year
Returns with and without net incoiDe
Number
of
returns
Total
compiled
receipts
dotimrmj
Business
receipts
(Thammnd
dotlmrt)
Depre-
ciation
dollar*)
Net Income
(less
deficit)
(ThtKitand
dollar »)
Total
assets
(Thoumartd
dolUrm)
Returns with net income
Number
of
returns
Total
compiled
receipts
(Thouuot>d
dollmra)
Business
receipts
(Thouoond
dollora)
Depre-
ciation
(Thoutoitd
dollmraj
(Thouoond
dollort)
Total
assets
fTTKWMnd
ttUra)
(1)
Vlholesale and retail trade, total:
1959-60
1958-59 ;
1957-58
1956-57
1955-56
(2)
(3)
(A)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
1954-55.
1953-54.
1947-48.
1945-i6.
VAiolesale trade,
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55
1953-54
1947-48
1945^6
Groceries and related products:
1959-60
1958-59
1957-58
195^57
1955-56
1954-55
1953-54
1947-48
1945-16
Electrical goods, hardware, and
plumbing and heating equipment and
supplies:
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55
1953-54
1947-48
1945-16
Other wholesalers:
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55.
1953-54.
1947-48.
1945-46.
Retail trade, total:
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55...
1953-54...
1947-i8. . .
1945-46. . .
Food:
1959-60.
1958-59.
1957-58.
1956-57.
1955-56.
1954-55.
1953-54.
1947-48.
1945-46.
General merchandise:
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55 i
1953-54
1947-48
1945-46
Apparel and accessories:
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55.,
1953-54..
1947-49.
1945-46.
334,717
3U,477
305,127
286,252
264,968
238,523
228,360
177,297
120,948
109,648
102,342
103,474
94,997
86,280
77,064
74,101
56,039
35,681
12,870
12,335
10,390
9,820
9,702
9,160
8,598
7,846
5,832
11,613
10,956
9,583
8,779
8,442
7,350
7,009
4,550
2,622
85,165
79,051
83,501
76,398
68,136
60,554
58,494
43,643
27,227
199,624
186,405
178,493
168,263
154,931
139,953
134,631
99,036
71,209
14,009
12,021
13,624
12,561
12,188
10,597
9,975
7,370
5,552
13,153
11,450
9,463
8,852
8,615
7,545
7,946
6,554
5,327
24,138
23,275
22,587
21,453
19,583
18,469
17,269
13,429
10,220
256,647,744
228,759,100
232,107,862
218,166,977
207,734,473
173,303,172
169,999,U3
123,332,093
66,640,440
125,702,917
112,039,513
115,445,818
107,233,216
99,761,264
83,339,453
81,50O,OU
60,425,439
32,288,694
22,578,714
20,955,371
19,609,373
18,463,959
17,417,126
16,313,731
15,178,456
11,428,875
7,521,072
11,861,307
10,505,457
10,760,797
9,998,268
10,953,351
9,080,013
8,863,040
5,712,547
2,101,655
91,262,896
80,578,685
85,075,648
78,770,989
71,390,787
57,945,709
57,458,518
43,284,017
22,665,967
120,151,714
106,895,056
106,673,226
100,839,565
98,015,964
81,237,530
79,769,207
52,745,303
29,014,328
28,477,337
26,822,947
27,492,764
25,192,426
22,606,226
20,003,126
18,835,673
10,510,295
6,046,629
24,115,381
21,937,627
20,765,933
20,010,808
19,020,233
17,240,209
17,296,776
14,092,464
9,829,349
7,906,904
7,543,717
7,038,524
6,947,631
6,538,255
5,717,805
5,796,503
5,101,353
3,495,446
252,867,764
225,736,674
229,076,399
215,372,905
205,152,600
171,027,259
167,963,838
121,866,911
65,741,655
124,124,376
110,829,609
114,234,568
106,059,462
98,722,054
82,409,626
80,704,176
59,881,852
31,983,581
22,365,266
20,786,980
19,451,538
18,329,467
17,299,648
16,205,975
15,072,912
11,350,891
7,470,408
11,728,810
10,389,434
10,648,138
9,905,030
10,847,888
8,996,096
8,783,767
5,659,608
2,075,717
90,030,300
79,653,195
84,134,892
77,824,965
70,574,518
57,207,555
56,847,497
42,871,353
22,437,456
118,156,300
105,250,521
105,010,490
99,363,251
96,608,400
80,007,109
78,644,992
51,981,219
28,504,184
28,302,003
26,673,249
27,347,592
25,078,220
22,508,497
19,919,553
18,767,196
10,466,115
6,023,269
23,656,304
21,536,644
20,387,341
19,661,070
18,698,687
16,904,288
16,974,475
13,831,692
9,607,931
7,716,537
7,351,333
6,882,325
6,805,611
6,395,935
5,585,415
5,673,054
4,980,183
3,411,901
1,969,449
1,820,882
1,819,172
1,628,962
1,468,930
'1,250,183
1,136,236
502,121
276,171
647,180
604,346
619,451
557,749
497,213
'417,211
370,385
U7,505
67,C»1
94,128
92,910
96,029
87,485
79,963
'68,113
62,398
32,584
16,995
47,996
44,000
43,237
38,873
39,611
'32,381
28,216
9,732
4,294
505,056
467,436
480,185
431,391
377,639
'316,717
279,771
95,189
45,802
1,208,265
1,109,651
1,089,459
964,440
870,355
'745,832
687,028
306,827
181,774
263,506
239,801
281,649
235,043
192,699
'155,394
135,201
59,942
33,788
305,782
275,459
228,131
204,806
187,015
'164,461
156,734
80,128
63,382
76,350
81,581
78,608
73,438
71,563
'62,649
58,641
30,1U
16,094
5,567,128
4,424,978
4,710,899
5,242,583
5,123,375
3,647,762
3,932,640
6,080,927
3,362,913
2,562,827
1,988,078
2,223,613
2,500,894
2,305,167
1,530,430
1,667,856
2,490,590
1,215,834
205,558
182,931
200,338
203,496
179,299
164,530
172,488
208,378
187,481
258,592
219,235
199,856
240,580
296,896
187,835
217,208
369,033
101,636
2,098,677
1,535,912
1,823,419
2,056,818
1,828,972
1,178,065
1,278,160
1,913,179
926,717
2,762,884
2,238,848
2,237,077
2,509,402
2,573,199
1,934,754
2,072,953
3,075,714
1,888,883
531,482
522,541
550,921
526,321
457,177
403,476
376,700
257,334
158,862
1,245,142
1,066,073
1,071,605
1,133,106
1,116,515
946,983
967,852
1,075,172
955,902
182,858
141,319
126,970
172,597
161,010
113,421
134,485
276,069
271,230
87,556,508
79,345,654
76,329,566
73,468,087
69,112,739
59,131,799
56,370,085
38,121,337
24,040,686
40,988,898
36,889,199
36,048,276
34,399,098
31,898,959
26,933,902
25,146,786
16,418,509
10,078,286
3,974,427
3,861,266
3,556,360
3,401,807
3,193,438
2,923,766
2,812,190
2,119,242
1,516,225
4,417,646
3,945,758
3,794,839
3,543,800
3,860,437
3,105,894
2,931,849
1,783,950
874,810
32,596,825
29,082,175
28,697,077
27,453,491
24,845,034
20,904,242
19,402,747
12,510,317
7,687,251
42,081,879
38,462,148
36,851,459
35,066,128
33,314,716
28,789,635
27,915,073
18,039,277
U, 795, 124
5,185,868
4,772,929
5,247,354
4,997,800
4,296,396
3,684,969
3,397,348
1,909,684
1,347,682
12,526,114
11,483,273
10,533,675
10,220,712
9,994,128
9,136,300
8,920,047
6,196,633
4,919,777
3,523,553
3,465,393
3,265,909
3,173,081
2,977,037
2,635,281
2,542,107
1,953,936
1,321,714
a7,857
194,776
189,164
135,469
171,794
143,432
143,602
133,192
97,550
78,958
71,596
70,687
67,634
62,207
50,738
49,591
41,380
28,838
8,709
3,297
6,946
6,814
6,653
5,93^
5,777
5,659
4,901
8,664
7,882
6,912
6,754
6,610
5,186
5,170
3,788
2,180
61,585
55,417
56,829
54,066
48,939
39,620
33,644
31,933
21,757
123,795
109,619
104,418
103,339
95,798
80,003
82,160
75,157
57,682
8,079
7,155
7,847
7,548
7,382
6,287
6,166
4,522
4,199
8,486
7,550
6,305
5,924
5,821
4,833
5,208
5,318
4,686
16,206
14,465
13,783
13,883
12,070
11,133
11,010
10,446
9,072
223,361,735
191,411,280
197,607,496
192,213,927
184,738,925
U7, 772,449
147,516,633
115,730,631
64,016,723
110,986,419
94,958,533
100,601,801
96,760,405
90,053,842
71,725,007
70,856,6U
56,499,556
31,011,180
18,801,561
17,331,169
16,514,535
16,209,661
U, 338,063
13,637,298
13,001,827
10,296,186
7,168,703
10,321,435
9,055,896
9,003,606
9,122,632
10,295,271
8,064,397
8,021,644
5,593,939
2,042,891
81,363,423
68,571,468
75,033,660
71,428,112
64,370,508
50,023,312
49,833,143
40,609,431
21,799,531
103,003,332
38,112,715
88,371,438
86,519,379
35,927,762
68,498,994
69,025,633
49,854,715
27,983,634
26,094,423
24,987,680
25,546,874
23,575,272
21,376,516
19,017,478
18,056,998
10,019,503
5,883,869
22,935,080
20,771,557
19,707,066
19,307,995
18,239,268
16,277,192
16,716,883
13,765,796
9,703,976
6,639,757
6,013,401
5,603,156
5,876,130
5,458,678
4,559,379
4,844,426
4,773,003
3,428,077
220,103,653
138,896,328
195,073,331
189,789,727
182,477,719
145,391,376
145,759,1>40
114,369,555
63,158,215
109,575,240
93,912,553
99,532,721
95,7U,977
89,114,351
70,950,647
70,151,974
55,998,429
30,722,637
18,618,495
17,186,626
16,376,269
16,090,376
U, 785,435
13,542,516
12,908,401
10,225,011
7,120,3U
10,706,557
8,955,863
8,906,925
9,038,753
10,197,343
7,989,819
7,950,563
5,542,047
2,017,782
80,250,188
67,770,064
74,249,527
70,582,843
64,131,573
49,418,312
49,293,010
40,231,371
21 ,'584, 544
101,341,621
86,786,323
87,045,244
85,270,239
84,725,556
67,493,352
68,075,180
49,143,320
27,493,174
25,939,323
24,851,412
25,413,270
23,469,621
21,286,640
18,940,222
17,993,629
9,979,713
5,861,562
22,511,600
20,406,625
19,367,487
13,930,086
17,947,438
15,969,913
16,411,252
13,513,144
9,490,472
6,475,221
5,860,870
5,482,172
5,753,456
5,339,384
4,452,466
4,740,386
4,658,714
3,345,955
1,549,946
1,487,230
1,503,737
1,386,605
1,262,781
'1,023,842
951,675
445,444
257,934
549,721
503,753
526,343
438,549
440,402
'349,690
312,679
121,085
62,237
74,432
75,199
80,521
74,966
65,938
'56,676
52,386
27,099
15,928
40,365
36,383
35,213
34,259
36,255
'27,675
24,660
9,349
4,075
434,924
391,671
410,609
379,324
338,159
'265,339
235,133
84,637
42,234
1,003,445
397,633
385,258
306,771
735,217
'601,159
572,414
273,255
171,298
234,976
217,447
253,607
213,394
174,304
'Ul,019
123,809
47,785
32,340
287,109
258,109
214,863
196,735
178,743
'153,503
150,593
77,447
62,226
61,165
60,706
59,061
59,205
57,297
'47,139
46,691
26,796
15,645
6,488,706
5,432,866
5,665,343
5,957,533
5,729,871
4,356,658
4,524,569
6,368,344
3,439,123
2,890,626
2,367,151
2,593,467
2,749,939
2,521,076
1,793,448
1,898,780
2,638,023
1,249,108
251,510
233,481
241,617
239,256
2U,607
199,483
201,228
234,160
192,818
289,696
273,012
249,233
271,985
317,875
218,831
240,432
373,886
104,322
2,349,420
1,860,658
2,102,617
2,238,698
1,991,594
1,375,134
1,457,120
2,029,977
951,968
3,293,445
2,802,230
2,811,824
2,923,252
2,906,255
2,329,795
2,389,283
3,182,265
1,922,222
577,508
554,542
591,121
557,369
482,943
425,858
394,009
269,267
161,626
1,291,830
1,111,937
1,115,624
1,165,925
1,144,060
975,099
991,315
1,085,535
958,460
236,953
205,123
186,375
215,176
207,503
159,420
167,478
291,196
273,824
75,385,185
66,607,428
64,935,298
64,574,254
61,465,885
49,895,857
48,944,634
35,340,379
22,963,879
35,846,504
31,606,383
31,221,335
30,939,847
28,920,600
22,855,373
21,876,624
15,081,175
9,570,174
3,286,m
3,210,035
3,012,475
2,978,386
2,736,410
2,461,271
2,444,361
1,378,415
1,438,457
3,793,596
3,238,932
3,107,188
3,149,051
3,558,425
2,737,332
2,629,813
1,749,740
839,430
28,766,797
25,107,365
25,101,672
24,812,410
22,615,765
17,656,770
16,802,450
11,453,020
7,292,287
35,587,900
31,707,783
30,396,119
30,152,290
29,168,557
24,154,871
24,204,090
16,889,821
U,362,673
4,729,332
4,420,531
4,797,549
4,636,731
4,003,442
3,473,341
3,223,052
1,756,256
1,317,151
11,839,081
10,883,284
9,932,633
9,824,163
9,612,713
8,600,154
8,631,064
6,030,713
4,853,256
2,925,501
2,722,462
2,559,653
2,625,114
2,475,001
2,096,230
2,097,925
1,812,534
1,297,590
Footnote at end of table. See text for explanatory statements and "Description of the Sample and Limitations of the Data.
U. S. BUSINESS TAX RETURNS, HISTORICAL DATA 145
ACTIVE CORPORATIONS DJ WHOLESALE AND RETAIL TRADE
Table 37.— ACTIVE CORPORATION RETURNS: NUMBER OF RETURNS, TOTAL COMPILED RECEIPTS, BUSINESS RECEIPTS, NET INCOME AND TOTAL AS<!FT<; TN UHm F?ll P
AND RETAIL TRADE INDUSTRIES, FOR SELECTED YEARS— Continued ' "^==.1=, i« wnui-tSALt,
Wholesale and retail trade
industries and year
Returns with and without net income
Number
of
returns
Total
compiled
receipts
(Thaua»nd
dollmrm)
Bxislness
receipts
(Thcu»*nd
don*ra)
Depre-
ciation
(Thousmid
dotlmr»)
Net Income
(leas
deficit)
(Thoua^nd
dotUra)
(ThcuMmtd
dotUra)
Returns with net income
Total
compiled
receipts
(Thcoaand
doltmra)
Business
receipts
(Thcummnd
dollar a)
Depre-
ciation
(Thauamtd
dotlara)
(Thevamid
dollara)
Total
aasets
(Thauamid
dollara)
Retail trade-*Continued :
Furniture, home furnishings, and
equipment :
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55
1953-54
1947-^8
1945-16
Automotive dealers:
1959-eO
1958-59
1957-58
1956-57
1955-56
1954-55
1953-54
1947-48
1945-46
Gasoline service stations:
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55
1953-54
1947-18
1945-46
Eating and drinking places:
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55 :
1953-54
1947-48
1947-46
Building materials:
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55
1953-54
1947-48
1945-46
Hardware and farm equipiDent:
1959,160
1958-59
1957-58
1956-57
1955-56
1954-55
1953-54
1947-18
1945-46
Other retail stores:
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55
1953-54
1947-48
1945-46
Vholesale and retail trade not
allocable:
1959-60
1958-59
1957-58
1956-57
1955-56
1954-55
1953-54
1947-48
1945-46
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(n)
(12)
20,099
18,381
16,209
15,959
14,535
13,186
12,776
7,588
4,852
30,045
27,716
26,596
25,170
24,050
22,014
21,325
15,937
7,847
5,636
5,011
4,623
4,113
3,689
3,204
3,342
1,782
1,721
28,826
27,163
25,575
23,482
20,537
18,644
18,202
12,593
9,750
12,347
U,955
12,192
11,939
10,684
9,710
9,106
8,409
6,955
9,138
7,987
7,629
7,890
7,064
6,262
6,228
2,887
2,174
42,233
41,446
39,995
36,844
33,986
30,302
28,462
22,487
16, 8U
25,445
22,730
23,150
22,992
23,757
21,506
19,628
22,222
14,058
5,762,081
4,924,361
4,471,732
4,507,281
4,102,241
3,341,981
3,423,320
2,179,939
929,996
28,115,966
22,380,298
24,476,402
23,232,947
26,635,322
18,546,627
18,640,607
8,762,613
1,408,451
1,545,445
1,389,860
1,377,526
1,115,562
996,392
1,116,356
1,116,126
458,039
264,952
5,008,636
4,216,940
4,105,206
3,633,317
3,142,659
2,715,819
2,741,680
1,899,138
1,477,147
5,363,158
4,693,082
4,560,750
4,679,663
4,583,954
3,739,336
3,365,449
2,781,723
1,503,850
2,265,971
1,862,063
1,719,801
1,740,321
1,509,413
1,248,972
1,332,570
484,176
235,350
11,590,835
11,124,161
10,664,588
9;779,609
8,881,269
7,567,299
7,220,503
6,475,563
3,822,659
10,793,113
9,824,531
9,988,818
10,094,196
9,957,245
8,726,189
8,729,922
10,161,351
5,337,418
5,484,531
4,696,045
4,231,369
4,279,490
3,891,330
3,166,961
3,245,179
2,094,526
880,212
27,709,218
22,095,283
24,U0,192
22,941,189
26,333,881
18,332,279
18,456,930
8,689,892
1,384,848
1,522,896
1,370,896
1,355,616
1,102,835
982,786
1,099,222
1,098,679
449,512
259,519
4,922,001
4,156,540
4,044,133
3,588,199
3,095,550
2,679,153
2,711,341
1,872,240
1,459,914
5,270,022
4,611,942
4,481,853
4,604,004
4,512,338
3,678,951
3,311,445
2,742,337
1,477,447
2,218,606
1,823,646
1,685,239
1,704,516
1,479,035
1,222,572
1,306,366
476,642
231,189
U,354,182
10,934,943
10,454,830
9,598,U7
8,710,361
7,418,715
7,100,327
6,378,080
3,767,956
10,587,088
9,656,544
9,831,341
9,950,192
9,822, U6
8,610,524
8,6U,670
10,003,840
5,253,888
47,210
42,783
36,264
35,270
31,929
'27,705
26,701
10,757
4,660
136,507
124,559
123,733
114,434
116,799
'104,164
99,814
35,983
8,926
20,312
16,931
17,114
14,221
11,973
'13,774
12,270
4,438
3,696
131,645
117,375
114,006
97,898
81,940
'67,975
63,200
30,064
19,286
56,485
51,371
51,720
49,793
46,893
'39,193
34,240
20,731
11,578
21,785
16,981
15,525
16,288
13,496
'12,484
U,S05
2,272
989
148,683
141,310
142,709
123,249
116,048
'98,033
88,422
39,401
19,375
114,004
106,885
110,262
106,773
101,362
'87,140
78,823
57,789
27,306
77,311
49,803
55,336
82,798
85,183
48,946
53,494
140,458
75,693
207,440
33,138
94,691
158,622
293,003
91,410
210,572
807,153
67,501
30,326
26,885
25,673
20,701
21,731
23,627
23,076
23,517
13,621
87,992
54,311
51,059
56,913
54,098
30,808
41,475
33,605
67,022
U9,939
91,622
87,436
116,075
1A3,864
110,135
98,403
185,934
78,770
25,566
24,396
17,778
25,881
25,276
10,636
14,453
34,795
15,719
254,828
228,760
207,608
216,388
215,342
155,312
152,443
241,677
184,565
241,417
198,052
200,209
232,287
245,009
182,578
191,831
5U,623
258,195
3,204,448
2,907,204
2,488,171
2,457,169
2,3U,205
1,993,599
1,990,484
1,159,598
658,188
6,363,926
5,789,396
5,784,175
5,281,0U
5,656,484
4,386,647
4,431,497
2,347,725
661,473
441,652
374,330
392,547
311,960
287,131
247,789
341,727
165,916
127,566
1,771,152
1,465,082
1,420,426
1,279,860
1,101,256
910,513
887,150
587,465
442,141
2,579,359
2,447,650
2,318,430
2,267,417
2,146,352
1,870,768
1,660,690
1,157,410
776,894
1,251,095
983,251
895,365
942,536
762,906
684,199
707,127
214,394
121,874
5,234,712
4,773,&40
4,505,407
4,134,582
3,778,821
3,239,570
3,036,896
2,346,516
1,417, 8U
4,485,731
3,994,307
3,929,831
4,002,861
3,899,064
3,408,262
3,308,226
3,664,051
2,167,277
12,005
10,602
9,362
10,168
9,196
7,495
7,713
6,145
3,926
18,885
13,966
14,438
14,548
15,325
11,190
12,543
14,426
6,205
3,430
3,161
2,822
2,525
2,296
1,958
2,050
1,208
1,182
U,106
12,584
11,439
11,251
9,460
7,732
8,602
6,306
6,719
8,865
8,097
8,108
8,351
7,958
6,879
6,730
7,173
5,723
5,718
5,120
4,630
4,929
4,269
3,554
3,716
2,548
1,942
28,015
26,919
25,684
24,212
22,021
18,941
18,422
17,065
U,028
15,104
13,561
14,059
14,496
13,789
12,641
11,851
16,655
11,030
4,322,476
3,576,931
3,292,890
3,544,332
3,276,866
2,496,502
2,585,886
1,998,609
886,890
22,145,103
14,224,491
16,555,473
17,074,247
21,702,882
12,996,793
14,064,251
8,609,052
1,303,111
1,241,925
1,181,704
1,133,301
927,796
827,060
986,212
980,386
422,541
234,238
3,677,463
2,889,750
2,811,980
2,582,932
2,220,197
1,787,845
1,935,117
1,322,238
1,283,792
4,643,356
3,866,409
3,704,910
4,026,492
4,166,429
3,276,024
2,965,158
2,653,751
1,411,606
1,793,306
1,538,756
1,369,687
1,388,522
1,209,930
893,625
987,714
467,088
224,766
9,515,438
9,057,036
8,646,101
8,218,661
7,449,936
6,207,944
5,888,859
5,823,134
3,618,312
9,366,984
8,340,032
8,634,257
8,934,143
8,757,321
7,548,448
7,634,341
9,376,360
5,021,909
4,111,191
3,406,070
3,109,520
3,359,363
3,109,378
2,361,825
2,443,359
1,923,388
839,763
21,820,868
14,036,721
16,322,192
16,855,879
21,456,145
12,850,353
13,931,399
8,538,726
1,282,033
1,221,445
1,164,722
1,113,388
913,713
815,879
970,641
964,349
414,564
229,445
3,619,418
2,847,753
2,771,460
2,549,048
2,184,992
1,764,416
1,910,824
1,302,296
1,268,992
4,561,343
3,799,391
3,640,049
3,962,670
4,100,625
3,223,119
2,917,721
2,615,978
1,386,831
1,754,522
1,505,956
1,341,636
1,358,995
1,184,659
874,525
968,181
459,736
220,695
9,326,690
8,906,803
8,484,070
8,067,408
7,302,416
6,085,872
5,794,080
5,737,061
2,472,061
9,186,792
8,197,452
8,500,366
8,807,511
8,637,812
7,447,877
7,531,986
9,227,806
4,942,402
33,827
30,352
25,613
27,444
24,214
'19,181
19,094
9,641
4,385
102,099
77,146
82,673
80,866
92,151
'68,181
73,489
34,431
7,766
16,327
14,127
13,965
11,281
9,673
'12,064
10,458
4,018
3,195
87,228
73,756
72,749
64,264
52,674
'41,047
41,237
18,585
16,187
46,903
41,073
39,641
42,212
40,630
'32,999
28,797
19,241
10,454
17,242
13,248
11,592
11,809
10,525
'8,518
8,181
2,136
918
116,569
111,669
111,494
99,561
95,006
'77,403
70,060
33,175
18,182
96,780
85,839
92,186
91,285
87,162
'73,093
66,582
51,104
24,399
136,559
112,156
102,164
124,724
119,337
89,839
95,015
147,715
77,920
338,977
207,206
228,590
270,094
372,515
221,674
305,589
812,841
71,779
36,547
31,113
32,188
25,224
26,989
27,734
26,971
24,599
14,392
153,361
108,605
109,657
100,126
92,852
70,229
71,033
61,285
74,138
U8,564
125,441
119,133
141,859
158,700
128,454
112,720
189, 8U
84,061
44,549
40,204
34,663
41,916
37,950
26,717
29,800
35,462
16,111
328,597
305,903
292,309
280,839
263,406
204,771
194,853
264,504
189,912
304,635
263,485
260,052
284,392
302,540
233,415
236,506
548,056
267,794
2,376,073
2,144,218
1,847,607
1,941,834
1,827,082
1,484,540
1,525,626
1,047,544
626,546
4,865,685
3,697,574
3,909,609
3,878,513
4,524,437
2,983,699
3,387,732
2,295,084
589,008
367,600
320,168
328,088
262,587
239,486
202,276
302,515
154,603
114,739
1,266,522
1,002,173
968,009
900,099
782,898
595,588
636,683
411,339
394,384
2,193,731
1,983,581
1,830,455
1,920,898
1,932,081
1,617,170
1,441,315
1,097,575
729,567
955,383
790,203
688,126
735,777
595,280
483,554
512, U7
205,823
155,394
4,167,992
3,743,583
3,534,390
3,426,574
3,176,137
2,618,319
2,446,061
2,078,345
1,324,437
3,350,781
3,293,262
3,317,844
3,482,117
3,376,728
2,885,613
2,863,920
3,369,383
2,031,032
'Includes amortization.
NOTE: See text for explanatory statements and "Description of the Sample and Limitations of the Data."
Facsimiles of
Forms Used,
1959
FACSIMILES OF FORMS USED, 1959
Page
Sole proprietorships: Profit (or Loss) From Business or Profes-
sion, Schedule C (Form 1040), 1959 Ug
Sole proprietorships: Schedule of Farm Income and Expenses,
Schedule F (Form 1040), 1959 151
U. S. Partnership Return of Income, Form 1065, 1959 155
U. S. Corporation Income Tax Return, Form 1120, 1959 (pages 1-4-). 163
U- S. Small Business Corporation Return of Income, Form 1120-S,
1959 (pages 1-4) 175
148
FACSIMILES OF FORMS USED, 1959
(SOLE PROPRIETORSHIPS)
149
SCHEDULE C
(Foim 1040)
U. S. Treasury Department — Internal Revenue Service
PROFIT (OR LOSS) FROM BUSINESS OR PROFESSION
(Compute Social Secniity Seli-Employment Tax on Page 3)
1959
Attach this schedule to your Income Tax Return, Form 1040 — Partnerships, Joint Ventures, Etc., Must File On Form 1065
^ Calendar Year 1959, or other taxable year beginning
, 1959, and ending
, 19
Name as shown on page 1, Form 1040
H you had more than one business, or husband and wile had separate businesses, a separate page 1 of Schedule C must be completed
for each business.
A. Principal business activity:
(See instructions, page 2)
B. Business name:
D. Business location:
(Ketail trade, wholesole trade, lawyer, etc.) CPrinoipal product or service)
C. Employer's Identification Number:
(Number and street or rural route) (Qty or post office) (State)
1.
2.
3.
4.
S.
6.
7.
8.
9.
10.
11.
12.
13.
14.
IS.
16.
17.
18.
19.
20.
21.
22.
23.
Total receipts $ , less allowances, rebates, and returns
Inventory at beginning of year
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 fline 7 less line 8)
Gross proUt (Une 1 less line 9) (Pf \r?^.^).
OTHER BUSINESS DEDUCTIONS
Salaries and wages not included on line 4 (exclude 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
V
V
Net profit (or loss) Qine 10 less line 22). Enter here; on line24, page 3: and on line 8, pagel. Form 1040.
y^
V
$-,
v
K
V
Schedule C-1. EXPLANATION OF DEDUCTION FOR DEPRECIATION CLAIMED ON LINE 17
1, Kind of property (il buildings, stale material
of which constructed). Exclude land and
other nondepreciable property
2. Date
acquired
3. Cost or
other basis
4. Depreciation al-
lowed (or allowable)
In prior years
5. Method of com-
puting depreciation
6.Rate(%)
or life (years)
7. Depreciation
for this year
$
$
%
•
. _
c
SchadnU C-2. EXPLANATION OF LINES 6, 18, AND 21
Lina No.
Explanation
Amount
Une No.
Explanation
Amount
$
$
„
16—78307-1
150
FACSIMILES OF FORMS USED, 1959
INSTRUCTIONS
Pate 2
If you owned a business, or practiced a profession, you must
fill in separate Schedule C on other side and enter the net profit
(or loss) on line 8, page 1, Form 1040.
Separate Schedule C should include income from (1) sale of
merchandise, or products of manufacturing, mining, and construc-
tion; (2) business service; and (3) professional service. In general,
you should report any income in the earning of which you have
incurred expenses for material, labor, supplies, and the like.
All farmers should use separate Schedule F (Form 1 040) to report
their farm income whether reporting on the cash or accrual method.
Income from any trade or business is subject to the social security
self-employment tax, unless specifically excluded. See page 4.
Item A — Business Activity. — State the general classification of
business activity, as well as the principal product or service. For
example, "Wholesale food," "Retail men's apparel," "Manufac-
ture of upholstered wooden household furniture," "Transportation
by truck," "Broker, real estate," "Contractor — carpenter work,"
"Physician," etc. Do not use such terms as "partnership," "owner,"
"student," etc. The "principal business activity" is the one which
accounts for the largest percentage of your total receipts.
Item D — Business Location. — Do not use home address as
business address unless business is actually conducted from home.
Enter street address rather than box numbers.
lone 1 — Total Receipts. — Include all income derived from your
trade or business. Enter in the space provided such items as re-
turned sales, rebates, and allowances from the sale price or service
charge.
If you have dividend income from stocks held by you in the
ordinary course of carrying on your trade or business, such dividends
must be considered together with your dividends from stocks regu-
larly held for investment purposes in computing your dividend
exclusion and credit on pages 3 and 4, Form 1 040.
Installment Sales. — If you use the installment method of report-
ing income from sales, you must attach to your return a schedule
showing separately for the years 1956, 1957, 1958, and 1959 the
following: (a) Gross sales; (b) cost of goods sold; (c) gross profits;
(d) percentage of prohts to gross sales; (e) amounts collected; and
(f) gross profits on amounts collected.
COST OF GOODS SOLD
Lines 2-9. — If you are engaged in a trade or a business in
which the production, purchase, or sale of merchandise is an income
producing factor, you must take inventories of merchandise and
materials on hand at the beginning and end cf the taxable year in
order to reflect the gross profits correctly. The usual methods of
valuing inventory are (a) cost or (b) cost or market whichever is
lower. The method properly adopted for the first year in which inven-
tory is taken must be continued unless permission to change is se-
cured from the Commissioner of Internal Revenue, Washington 25,
D. C. Application for permission to change the method of valuing
inventories must be made in writing and filed with the Commissioner
within 90 days after the beginning of the taxable year in which it
is desired to effect a change. You should enter the letters "C" or
"C or M" immediately before the amount column if inventories are
valued either at cost, or at cost or market whichever is lower.
Other methods of valuing inventories of material or merchandise
are provided for dealers in securities, for farmers, for miners, for
manufacturers who produce more than one product from a single
process, and for retail merchants using the "retail method."
A special method based on cost, LIFO, is allowable only if you
file an application on Form 970 with your return for the first year
used. The requirements for adopting and using the LIFO method
are set forth on Form 970. Thereafter, you must attach a separate
schedule showing: (a) a summary of all inventories; (b) with respect
to inventories computed under the LIFO method, the computation of
quantities and cost by acquisition levels.
OTHER BUSINESS DEDUCTIONS
Inne 11 — Salaries and Wages. — Enter all salaries and wages
not included as "Cost of Labor" in "Cost of Goods Sold." Do not
deduct any salary or wages for your own services or services of
others not performed in connection with your business.
Line 12 — Rent on Business Property. — Rents paid or accrued
on business property in which you have no equity are deductible.
Do not include rent for a building, or any part thereof, which you
occupy solely for residential purposes.
Line 13 — Interest on Business Indebtedness. — Interest on
business indebtedness to others is deductible. Do not include
interest to yourself on capital invested in or advanced to the business.
Line 14 — Taxes on Business and Business Property. — Include
taxes paid or accrued on business property or incurred in carrying
on your business. Federal import duties and Federal excise and
stamp taxes are deductible if paid or incurred in carrying on a
trade or business. Do not include taxes assessed against local
benefits of a kind tending to increase the value of the property
assessed, as for paving, sewers, front foot benefits, etc.
Line IS — Losses ol Business Property. — You may deduct losses
of business property by fire, storm, or other casualty, or theft, to the
extent not compensated by insurance or otherwise and not made
good by repairs claimed as a deduction. Attach a statement show-
ing a description of the property, date acquired, cost, subsequent
improvements, depreciation allowed or allowable since acquisition,
insurance, salvage value, and deductible loss.
Line 16 — Bad Debts Arising From Sales or Services. — Include
debts, or portions thereof, arising from sales or professional services
that have been included in income, which have been definitely
ascertained to be worthless: or such reasonable amount as has
been added within the taxable year to a reserve for fxid debts. A
debt which is deducted as bad and which reduces your tax must,
if subsequently collected, be returned as income for the year in
which collected.
Line 17 — Depreciation and Obsolescence. — You may deduct
a reasonable allowance for exhaustion, wear and tear, and
obsolescence of property used in the trade or business. For
additional information regarding depreciation, especially on new
property acquired or constructed after December 31, 1953,
and additional first year depreciation, see depreciation section in
the instructions for Form 1 040.
If a deduction is claimed on account of depreciation, fill in Sched-
ule C-1. In case obsolescence is included, state separately amount
claimed and basis upon which it is computed. The value or cost
of land must not be included in this schedule, and where land and
buildings were purchased for a lump sum, the cost of the building
subject to depreciation must be established. The adjusted prop-
erty accounts and the accumulated depreciation shown in the
schedule should be reconciled with those accounts as reflected on
your books.
Line 18 — Repairs. — You may deduct the cost of incidental
repairs, including labor, supplies, and other items, which do not
add to the value or appreciably prolong the life of the property.
Expenditures for new buildings, machinery, and equipment, or for
permanent improvements or betterments which increase the value
of the property are chargeable to capital accounts. Expenditures
for restoring or replacing property are not deductible, since such
expenditures are chargeable lo capital accounts or to depreciation
reserve depending on how depreciation is charged on your books.
Line 19 — Depletion of Mines, Oil and Gas Wells, Timber,
Etc. — If a deduction is claimed on account of depletion, procure
from your District EXrector Form M (mines and other natural deposits).
Form O (oil and gas), or Form T (timber), hU in and hie with
return. If complete valuation data have been filed with question-
naire in previous years, then file vrith your return information
necessary to bring depletion schedule up to date, setting forth in
full a statement of all transactions bearing on deductions from or
additions to value of physical assets during the taxable year with
explanation of how depletion deduction for the taxable year has
been determined. (See sections 615 and 616 of the Internal Rev-
enue Code of 1954 for election to capitalize or deduct expendi-
tures for exploration and development of mineral properties.)
Line 20 — Amortization. — If you elect the deduction with respect
to the amortization of the adjusted basis of (a) any emergency
facihty with respect to which the Government has issued a certificate
of necessity, or (b) a grain storage facility, a statement of the perti-
nent facts should be filed with your return. (See sections 168
and 169 of the Internal Revenue Code.)
For the election to amortize research or experimental expenditures
not subject to depreciation or depletion, see section 174 of the Code.
For the election to amortize trademark or trade name expendi-
tures, see section 177 of the Code.
Line 21 — Other Business Exi>enses. — Include all ordinary
and necessary business expenses for which no space is provided
in the schedule. Any deduction claimed should be explained
in Schedule C-2. Do not include cost of business equipment or
furniture, expenditures for replacements, or for permanent improve-
ments to property, or personal living and family expenses.
Net Operating Loss Deduction. — Any net operating loss
deduction should be applied as an adjustment of the amount entered
on line 11, page 1, Form 1040. See instructions for Form 1040 and
submit computation. ott— is— 763oT-t
SCHEDULE 7
(Form 1040)
FACSIMILES OF FORMS USED, 1959
(SOLE PROPRIETORSHIPS)
U. S. Treasury Department — Internal Revenue Service
SCHEDULE OF FARM INCOME AND EXPENSES
(Compute Social Security Self-Employment Tax on page 3)
Attach this schedule to your Income Tax Return, Form 1040
151
1959
For Calendar Year 1959, or other taxable year beginning
1 1959, and ending
, 19
Name and Address as shown on page 1, Form 1040
FARM INCOME FOR TAXABLE PERIOD— CASH RECEIPTS AND DISBCRSEMENTS METHOD
(Report receipts from sole of livestock held primarily for sole in the applicohle column below. Do not inclade other soles of livestock
such OS those held for draft, breeding, or dairy purposes; report such sales oa Schedule D (Fomt 1040))
SALES OF LIVESTOCK AND PRODUCE RAISED
OTHER FARM INCOME
Kind
Quantity
1. Amount
Kind
Quantity
2. Amount
Items
3. Amount
Cattle
$
Dairy products. . .
Eggs
Meat products. . .
Poultry, dressed. .
Wool
$
Mdse. rec'd for produce
Machine work
$.,..
Horses
Breedina fees
Mules
Sheep
Other forest Droducts
Swine
Agricultural program pay-
Poultry
Sirup and sugar.
Other (specify):
Bees
Patronage dividends, rebates
Grain
Hay
Other (specify):
Cotton
Tobacco
Vegetables
Fruits and nuts .
Total of C
Jolumns 1, 2, and 3. Enter here and on line 1 of summary below
$
SALES OF PURCHASED LIVESTOCK AND OTHER PURCHASED ITEMS
Sale of livestock and produce raised
and other form income
2. Profit (or loss) on sale of purchased hve-
stock and other purchased items
3. Gross Profits*
8. Net form profit (or loss) (line 3 minus line 7). Enter here and on line 9, page 1, Form 1040. Make your
computation of self-employment income and the self-employment tax on page 3 of this schedule
* Uae this amount for optional method oi computing net eaminga from self-employment. (See line 13, page 3.)
18— 76309-1
152
FACSIMILES OF FORMS USED, 1959
DEPRECIATION (Sm InMxvctiaBs) P||| 2
(Do net Inolnda proparir yan cud yooT family occopy lu o dwalUng, lu funiiUngs, and olher Ileina mad tor penonol pvrpeau)
I. Kind of property (it buildirgj. state material
ol wlijch constructed). Exclude land and other
nondepreciable property
2. Date acquired
3. Cost or other basis
4. Depreciation
allowed (or allow-
able) in prior years
5. Method of comput-
ing depreciation
6. Rate(%)
or life (years)
7. Depreciation for
this year
$
$
$
~~
_...-. •->------- —
ry on page 1 (ca
sh method) or line 7, below (accrual method))
$
FARM INCOME FOR TAXABLE PERIOD— ACCRUAL METHOD
(Do not Inclndo aales ol liTUtack hold ior fizaii, breeding, ox dairy pnzpoiea; report mch loles on Schednlo D (Fenn 1040),
iwd omit thom irom ^'On himd at beginning of year" eolnmn)
Description
(Kind of livestock, crops.
On hand at beginning of year
Purchased during year
Raised
during year
Consumed or
lost during
year
Sold during year
On hand at end of year
Quantity
Inventory value
Quantity
Amount paid
Quantity
Quantity
Quantity
Amount received
Quantity
Inventory value
$
$
$
$
$
$
$
$
(Enter on line 3)
(Enter on line 4)
(Enter onllnel(b))
(Enleronlineld))
SUMMARY OF INCOME AND DEDUCTIONS— ACCRUAL METHOD
1 (a). Inventory of livestock, crops, and products at end of year .
(b). Sales of livestock, crops, and products during year
(c). Other farm income (specify):
6. Form expenses (from page 1)
7. Depreciation (from above). .
8. Other farm deductions
2. Total
3. Inventory of livestock, crops, and prod-
ucts at beginning of year
4. Cost of livestock and products purchased
during year
(specifyi
):-
$-
y^
MERCHANDISE PURCHASED
COST OF GOODS SOLD
LINE 4 MINUS LINE 1(a)
B. Gross profits (line 2 minus the sum of lines 3 and 4) *
Total Deductions . .
JsedI
10. Net farm profit (or loss) (line 5 minus line 9). Enter here and on Une 9, page 1, Form 1040. Moke your
computa Hon of self-employment Income and the self-employment tax on page 3 of this schedule
V
*Um this amount for optional method of computing net earnlnga from seii-«mployment. (See line 13 page 3.)
1«— 7M09-1
FACSIMILES OF FORlVB USED, 1959
153
INSTRUCTIONS
FOR
SCHEDUtE r
(FORM 1040)
ADDITIONAL INCOME TAX INSTRUCTIONS FOR FARMERS
FOR PREPARING SCHEDULE OF FARM INCOME AND EXPENSES
1959
For the assistance of fanners, a separate Schedule F
(Form 1040) is provided and should be used by aU
farmers for income tax and seli-employment tax purposes.
METHOD OF ACCOUNTING
Farmers may compute their income either on the cash
receipts and disbursements method or on an accrual
method, but whichever method is adopted in filing their
first return must be followed until the consent of the
Commissioner of Internal Revenue, Washington 25, D. C,
is received to change the method.
CASH RECEIPTS AND DISBURSEMENTS METHOD
A farmer using the cash receipts and disbursements
method shall include in his gross income for the taxable
year (1) the amount of cash and the value of merchan-
dise or other property received from the sale of hvestock
and produce which were raised during the taxable
year or prior years, (2) the profits received from the sale
of any hvestock and other items which were purchased,
and (3) gross income received from all other sources.
The income from farming should be reported on page 1
of Schedule F. The farm expenses will be the actual
amounts paid out during the taxable year plus deductions
such as depreciation, depletion, amortization, etc.
ACCRUAL METHOD
For a farmer using an accrual method, the gross
profits are obtained as indicated in summary of income
and deductions on page 2 of Schedule F. The farm
expenses wrill be the actual expenses incurred during
the year, whether paid or not.
Farmers who compute income on an accrual method
and use inventories may value their inventories accord-
ing to the "farm-price method," in addition to other
methods, which provides for the valuation of inventories
at market price less direct cost of disposition. Farmers
raising hvestock may value their inventories of animals
according to either the "farm-price method" or the
"unit-hvestock-price method."
If the use of the "farm-price method" of valuing inven-
tories for any taxable year involves a change in method
of valuing inventories from that employed in prior years,
permission for the change shall first be secured from
the Commissioner.
INCOME
All the farm income from whatever source must be
reported in Schedule F or in Schedule D (Form 1040).
Anything of value received instead of cash, such as
groceries received in exchange for produce, must be
treated as income to the extent of its market value.
The value of farm produce consumed by the farmer
and his family need not be reported as income, but
expenses incurred in raising such produce must not be
claimed as deductions.
Recoveries from insurance on grovnng crops should
be included in gross income.
A farmer, who rents all or a part of his crop land on a
crop share basis, under a bona fide rental agreement,
and who receives crop shares as rent, shall report the
crop shares as rental income only for the year in which
they are reduced to money, or the equivalent of money.
If a farmer pledges commodities as security for a loan
from the Commodity Credit Corporation, income is not
c69 — 16—76308-1
considered received until the pledged commodities are
sold. However, a farmer may elect to include in gross
income apiounts received during the year as loans from
the Corporation. If he does so elect he should fUe with
his return a statement showing details of such loans, and
he must continue to report similar loans as income until
he receives permission from the Commissioner to change
his method of accounting.
Report gains and losses from sales or exchanges of
capital assets and other property in separate Schedule D
(Form 1040).
The term "farm" embraces the farm in the ordinarily
accepted sense, and includes stock, dairy, poultry, fruit,
truck farms, and all land used for farming operations.
A person cultivating or operating a farm for recreahon
or pleasure, the result of which is a continual loss from
year to year, is not regarded as a farmer.
Patronage dividends received from cooperatives in
cash or its equivalent are to be included in farm income
to the extent of their fair market value in the year re-
ceived. Documents such as negotiable instruments and
capital stock are considered to have a fair market
value at the time of receipt. However, any revolving
fund certificate, retain certificate, letter of advice, or
similar document, which is payable only in the discre-
tion of the cooperative association, or which is other-
wise subject to conditions beyond your control, are to be
included in income only in the year cash or other prop-
erty becomes subject to payment on demand, regardless
of your accounting method. Dividends received on pur-
chases of capital assets or depreciable property used in
farming are not included in income, but the purchase
price of such items must be reduced accordingly. Divi-
dends you receive on nonbusiness purchases are not
included in income.
The following situations may be treated as involun-
tary conversions provided you purchase similar property
within the replacement period (generally within one
year after the year in which you first realize gain): (1)
livestock which are destroyed by or on account of dis-
ease, or sold or exchanged because of disease, (2) land
lying within an irrigation project which is sold or dis-
posed of to meet acreage limitations under Federal rec-
lamation laws, and (3) livestock (other than poultry)
held for draft, breeding, or dairy purposes which are
sold or exchanged solely on account of drought in ex-
cess of the number which would be sold under usual
business practices.
EXPENSES AND OTHER DEDUCTIONS
In general, a farmer who operates a farm for profit
is entitled to deduct from gross income as necessary
expenses all amounts actually expended in carrying on
the business of farming, except those which represent
capital investment. The following is a hst of such
expenses (taken from the classihcation appearing on
page 1 of Schedule F, though any other equally descrip-
tive classification may be used):
Labor hired. — Amounts paid for regular farm labor,
piecework, contract labor, and other forms of hired
labor. Do not deduct the value of your own labor or
Instructions Schedule F (Form 1040) 1959
154
FACSIMILES OF FORMS USED, 1959
that of your wife or family. Only that part of the board
which is purchased for hired labor should be deducted.
The value of products furnished by the farm and used in
the board of hired labor is not deductible. However,
the cost of rations purchased for laborers or share-
croppers is deduchble. Do not deduct amounts paid to
persons engaged in household work except to the extent
that the services of such persons are used in boarding
and otherwise caring for farm laborers. Amounts paid
for services of such employees engaged in caring for the
farmer's own household are not deductible.
Feed purchased. — Cost of grain, hay, silage, mill
feeds, concentrates, and roughages purchased, and
amounts paid for grinding, mixing, and processing of feed.
Machirxe hire. — Amounts paid for threshing, combin-
ing, silo filhng, baUng, ginning, and other machine hire.
Supplies purchased. — Cost of twine, spray materials,
poisons, disinfectants, cans, barrels, baskets, egg cases,
bags, and other similar farm supplies purchased.
Cost of repairs and maintenance. — Amounts ex-
pended for repairs and maintenance of farm buildings
(except your dwelling), of fences, drains, and other farm
improvements, and for repairs and maintenance of farm
machinery and equipment; cost of ordinary tools of short
life or small cost such as shovels, rakes, etc. Amounts
paid for replacements of, or additions to, farm machin-
ery, farm buildings, or other farm equipment of a
permanent nature are not deductible.
Fertilizers and lime. — Cost of commercial fertilizers,
lime, and manure purchased during the year, the benefit
of which is of short duration.
Taxes. — State and local taxes. Do not deduct Fed-
eral income taxes; estate, inheritance, legacy, succession,
and gift taxes; nor taxes assessed for any improvement
or betterment tending to increase the value of the prop-
erty assessed. Do not deduct taxes on your dwelling or
household property and other taxes not related to the
business of farming.
Insurance. — Cost of all insurance on farm buildings
(except your dwelHng) and on improvements, equipment,
crops, and Uvestock.
Farm interest. — Interest paid on farm mortgages and
other obligations incurred in carrying on farming.
Utilities. — The farm share of the expenditures for
water rent, electricity, telephone, etc. Do not deduct
personal expenses.
Rent of form, port of form, or pasturage. — Rent
paid in cash. A tenant farmer paying rent to his land-
lord in the form of crops raised on the farm (under a
crop share agreement) may not deduct as rent the value
of the crop given to the landlord, but the tenant may
deduct all amounts paid by him in raising the crop.
Conservation expenses. — You may deduct certain
expenditures made by you (including any amount paid
on any assessment levied by a soil or water conservation
or drainage district to defray expenditures made by such
district) for soil or water conservation and the preven-
tion of erosion if such expenditures are in respect of
land used by you in your business of farming.
The term "expenditures" for this purpose means ex-
penditures (a) for the treatment or moving of earth, includ-
ing but not limited to, levehng, grading, terracing, and
contour furrowing; (b) the construction, control, and pro-
tection of diversion channels, drainage ditches, earthen
dams, watercourses, outlets, and ponds; (c) the eradica-
tion of brush; and (d) the planting of windbreaks. You
may not deduct expenditures for the construction, instal-
lation, or improvement of facilities which are subject to
the allowance for depreciation or expenses which are
deductible elsewhere.
The allowable deduction for any one year may not
exceed 25 percent of your gross income from farming,
but any excess may be carried over to succeeding years
with the same limit applying to those years. The phrase
"gross income from farming" means the gross income of
the farmer from the business of producing crops, fruits
or other agricultural products or raising Uvestock; it
includes such income from a farm other than the one on
which expenditures for soil and water conservation, or for
the prevention of erosion, were made.
To claim a deduction for these expenditures you must
(a) elect to do so for the first taxable year which begins
after December '31, 1953, and ends after August 16,
1954, for which such expenditures are paid by claiming
such deduction on your return; or, (b) secure consent from
the District Director of Internal Revenue for any other
year. Once you have elected to do so, you must con-
tinue to treat such expenditures as deductions in all
future taxable years unless you secure consent from the
District Director to change.
Other farm expenses. — Fees paid for advertising
farm products; expenditures for stamps, stationery, ac-
count books, and other oftice suppUes purchased for farm
use; expenditures for travel in connection with the farm
and similar expenditures. Amounts expended for pur-
chase of automobiles, farm machinery, farm buildings,
or other farm equipment of a permanent nature are not
deductible.
Depreciation. — Allowance for depreciation of build-
ings, improvements, machinery, or other farm equipment
of a permanent nature. Similar assets may be grouped
together as one item for reporting purposes in the depre-
ciation schedule on Schedule F. In computing depreci-
ation do not include the value of farm land or land on
which farm buildings are located. Do not deduct repairs
or depreciation on the dweUing you occupy or on your
personal or household equipment. Do not claim depre-
ciation on Uvestock or any other property included in your
inventory. Depreciation, however, may be claimed on
livestock acquired for work, breeding, or dairy purposes
which are not included in your inventory of Uvestock
purchased or raised for sale. See the instructions for
Form 1040 for methods of computing depreciation.
Losses. — Losses of farm buildings, machinery, and
other farm property not included in your inventory, to
the extent not compensated by insurance or otherwise.
Losses of property included in your inventory are taken
care of by the reduced amount of the inventory at the
close of the year. The total loss of a prospective crop
by frost, storm, flood, or tire, is not deductible. When
using the cash method, the value of animals raised
by you and lost by death is not deductible, while in
the case of animals purchased and lost by death, the
cost less depreciation allowed or allowable is deductible
to the extent the loss is not compensated by insurance or
otherwise. Do not deduct personal losses.
Amortization. — If you elect the deduction with respect
to the amortization of the adjusted basis of a grain
storage facility, a statement of the pertinent facts should
be filed with your return. (See section 169 of the
Internal Revenue Code.)
Net operating loss deduction. — Any net operating
loss deduction should be appUed as an adjustment of the
amount entered on Une 11, page 1, Form 1040. See
instructions for Form 1040 and submit computation.
U.S. GOVERNMENT PRINTING OFFICE: 1959 O — 51345.^
FACSIMILES OF FORMS USED, 1959
155
FORM
1065
U-l. Tw*9MmxT D«p«xtin*at
Intanul ■•*■>■■ laivie*
Employer's Identification Number
U.S. PARTNERSHIP RETURN OF INCOME
(To Be Filed Also by Syndicates, Pools, Joint Ventures, Etc.)
FOR CALENDAR YEAR 1959
or othar toxobla
y«ar baginning ..., 1959, and anding. -K. , 19-.
(PLEASE TYPE OR PRINT PLAINLY)
kr
Name
Number and Street
CltT, town, postal rone number. State
Line and
Instruction No.
INCOME
1. Gross receipts or gross sales Less: Returns and allowances
2. Less: Cost of Goods Sold (Schedule A)
3. Gross profit (line 1 less line 2)
4. Income (or loss) from other partnerships, syndicates, etc. (Attach statement) .
5. Nonqualifying dividends (See Instruction 5)
6. Interest (fully taxable)
7. Rents (Schedule B)
8. Royalties (Attach schedule)
Net farm profit (or loss) (Schedule F, Form 1040)
Net gain (or loss) from sale or exchange of property other than capital assets
(from line 12, Separate Schedule D, Form 1065)
Other income (Attach schedule)
Total income (lines 3 through 11)
Total Receipts
DEDUCTIONS
13. Salaries and wages (other than to partners)
14. Payments to partners — salaries and interest
15. Rent
16. Interest (Explain in Schedule C)
17. Taxes (Explain in Schedule C)
18. Losses by fire, storm, shipwreck, or other casualty or theft (Attach statement) .
19. Bad debts (Schedule H)
20. Repairs
21. Depreciation (Schedule 1)
22. Amortization (Attach schedule)
23. Depletion of mines, oil and gas wells, timber, etc. (Attach schedule)
24. Other deductions authorized by law (Explain in Schedule J)
25. Total deductions (lines 13 through 24)
26. Ordinary income (or loss) (line 12 less line 2S)
V...
V
V
V
V
Net Profit/Net Loss y
19S9
A. Date business commenced
B. County in which located
C. Principal business activity (See General Instruction K)
D. Is any member of the partnership related by blood or marriage to any other member? □ Yes
E. Is any member of the partnership a trust for the benefit of any person related by blood or marriage to any other member? D Yes
F. Didthepartnership, during the taxable year, have any contracts or subcontracts subject to the Renegotiation Act of 1951? □ Yes
If "Yes," see General Instruction P and enter appropriate amount here $
y...
DNo
DNo
DNo
1 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 rehjrn. If the return is prepared by a person other than a partner
or member, his declaration is based on all the information relating to the matters required to be reported in the return of which he has any
knowledge.
Sign
here -
(Slgnoture of partner or member)
(Date)
(Signature of preparer otlier than partner or member)
654367 Q - 62 - 11
(Addrew)
c8»— 16— 7M0O-1
(Dale)
156
Form 1065—1959
FACSIMILES OF FORMS USED, 1959
Schedule A.— COST OF GOODS SOLD
Page 2
1. Opening inventory
2. Purchases
3. Cost of labor, supplies, etc
4. Total of lines 1, 2, and 3
5. Less: Closing inventory
6. Cost of Goods Sold. Enter here and on line 2, page 1
Note: Any items specially allocated to the partners should be included in the appropriate column of Schedule K, instead o£
the lines indicated by Schedules B through J. (See General Instruction 0)
Schedule B.— INCOME FROM RENTS
1. Kind and location of property
2. Amount of rent
3. Depreciation (explain
in Schedule 1)
4. Repairs (explain in
Schedule B-I)
5. Other expenses
(explain in Sched. B-1)
1. Totals
2. Net income (or loss) (column 2 less sum of columns 3, 4, and 5). (Enter on line 7, page 1)
V^
Schedule B-1.— EXPLANATION OF COLUMNS 4 AND 5 OF SCHEDULE B
Column
Explanation
Amount
Column
Explanation
Amount
Schedule C— EXPLANATION OF LINES 16 and 17, Page 1
Explanation
Amount
Explanation
Amount
Schedule D.— ATTACH SCHEDULE D (Form 1065) TO REPORT SALES OR EXCHANGES OF PROPERTY
Schedule H.— BAD DEBTS. (See Iiutiiiction 19)
1. Taxable
2. Net profit from business
3. Sales on account
4. Bad debts of organization if no
reserve is carried on books
If organization carried a reserve
year
5. Gross amount added
to reserve
6. Amount charged
against reserve
1956..^
1957. .
1958. .
1959...
NOTE. — Securities which are capital assets and which became worthless within the taxable year should be reported in separate
Schedule D, Form 1065.
cN— 1«— 7M0a-l
Form 1065—1959
FACSIMILES OF FORMS USED, 1959
Schedule I.— DEPRECIATION. (See Insbnclion 2i)
157
Page 3
1. Kind of property (if buildings, state material of which
constructed). Exclude land and other nondepreciable property
2. Date acquired
3. Cost or other
basis
4. Depreciation al-
lowed (or allowable)
in prior years
5. Method of
computing
depreciation
6. Rate(%)
or life (years)
7. Depreciation
for this year
v/
V
Additional first year depreciation (See Instructic
3n2U
V^
1. Total
2. Less: Amount of depreciation claimed in Schedules A and B and elsewhere on return
3. Balance — Enter here and on line 21, page 1
V
Schedule I.— OTHER DEDUCTIONS. (See Instxuction 24)
Explanation
Amount
Explanation
Amount
Total (Enter on line 24, page 1)
\/
Schedule K.— PARTNERS' SHARES OF INCOME, CREDITS, AND
DEDUCTIONS
1. State name and address of each partner. (Designate nonresident aliens, if any.) Where return of partner
or member is filed in another internal revenue district, specify district
2. Percent-
age of time
devoted to
business
3. Ordinary income(or
loss) (line 26, page I)
(a)..
(b)
(c)— -
(d)
(e)
Totals. .
y^ (Number of Partners)
V
Continuation of Schedule K
4. Payments to partners— salaries
and interest
(line 14, page 1)
5. Contributions
(Attach Itemized list)
6. Net short-term gain (or
loss) from sale or ex-
change of capital assets
(from line 3, Schedule D)
7. Net long-term gain (or
loss) from sale or ex-
change of capital assets (from
Tine 6. Schedule D)
8. Net gain (or loss) under
section 1231 (from line 9,
Schedule D)
9. Net earnings from
self-employment (from
line 10, Schedule N)
(a) . . .
(b) . . .
(c) . . .
(d) . . .
(e) . . .
Totals
V
\^
V
V
>/•
NOTE. — See tfie instructions lor other items required to be reported separately.
oeo— 10— 75400-1
158
FACSIMILES OF FORMS USED, 1959
Form 1065—1959
Schednl* L.— BALANCE SHEETI
Page 4
9.
10.
11.
12.
13.
14.
IS.
16.
17.
18.
19.
ASSETS
Cash
Notes and accounts receivable
Less: Reserve for bad debts
Inventories:
(a) Other than last-in, firstouf
(b) Last-in, first-cut
Investments in Government obligations
Other current assets — including short term marketable invest-
ments (Attach schedule)
Other investments (Attach schedule)
Buildings and other fixed depreciable assets
Less: Accumulated amortization and depreciation
Depletable assets
Less: Accumulated depletion
Land (Net of any amortization) '.
Intangible assets (Amortizable only)
Less: Accumulated amortization
Other assets (Attach schedule)
Total Assets
LIABILITIES AND CAPITAL
Accounts payable
Mortgages, notes, and loans payable (short term):
(a) Banks
(b) Others
Other current liabilities (Attach schedule)
Mortgages, notes, and loans payable Oong term):
(a) Banks
(b) Others
Other liabilities (Attach schedule)
Partners' capital accounts
Totol Liobilities and Capitol
B«tinning of Tiiable Year
ToUl
End of Tiubit Voai
y
y
V
V
y
y
y
V
V
y
Schedule M.— RECONCILIATION OF PARTNERS' CAPITAL ACCOUNTS
1. Capital account at
beiinning of year
2. Capital contributed
durmi year
3. Income not included in
column 4 plus nontaxable
income
4. Ordinary income
(or loss) from line 26.
pajel
5. Losses not included in
column 4, plus unallowable
deductions
6.. Withdrawals and
distributions
7. Capital account at and ol
year
(a)
(b)...
(c) . . .
(d) . . .
(e) . .
Schedule N.— COMPUTATION OF NET EARNINGS FROM SELF-EMPLOYMENT. (See Instruction lor Schednlo N)
2.
3.
4.
S.
6.
7.
8.
9.
10.
Ordinary income increased by casualty losses (line 26 plus line 18, page 1). Do not include income received for the
performance of services as a doctor of medicine
Add: Payments to partners — salaries and interest (line 14, page 1)
Net loss from sale or exchange of property other than capital assets (line 10, page 1) .
Total
Less: Portion of line 4, page 1 , which does not constitute net earnings from self-employment . . .
Nonqualifying dividends (from line 5, page 1)
Interest (See instructions)
Net rentals from real estate
Net gain from sole or exchange of property other than capital assets (line 10, page 1) .
Net earninqs from self-employment. (Enter in column 9, Schedule K)
c6»— 10— 7M0O-:
U.t. GOveRNHENT PKINTINC OmCC
FACSIMILES OF FORMS USED, 1959
INSTRUCTIONS
159
For the
1959 U.S. Partnership Return
Form 1065
The term "partnership" includes a limited partnership, syndicate, group, pool, joint ventiue, or other unincorporated
organization, through or by means of which any business, financial operation, or venture is carried on, and which is not
within the meaning of the Internal Revenue Code of 1954, a corporation, trust, estate, or a sole proprietorship. The term
"partner" means a member of a partnership.
I NOTE: A "Small Business Corporation" must file Form II20-S. I
GENERAL INSTRUCTIONS
A. Who must file Form 1065. — Every partnership (see general instruc-
tion L for exceptions) shall, for its taxable year, make a return of income
on Form 1065 stating specifically the items of gross income and allow-
able deductions, and such additional information required under the
following Specific Instructions. If the return is filed on behalf of a syn-
dicate, pool, joint venture, or similar group, a copy of the agreement,
together with all amendments thereto, should be attached to the return,
unless a copy has been previously filed.
Only one return is required for each partnership. If copies of the
form are furnished to individual partners, they should be clearly identi-
fied as "Duplicate Copy."
B. Period to be covered by return. — ^The return shall be filed for the
calendar year 1959 or other taxable year beginning in 1959. A partner-
ship taxable year shall be determined as though the partnership were a
taxpayer.
C. Change in, or adoption of, accounting period. — A change by any
partnership from one taxable year to another, or the adoption by a new
partnership of an initial taxable year, must meet the provisions of sec-
tion 706(b) of the Code. A change by a principal partner from one
taxable year to another must meet the provisions of section 706(b) and
442 of the Code. A principal partner is one who has an interest of
5 percent or more in the partnership profits or capital.
For the taxable years of partnerships resulting from a merger or divi-
sion of other partnerships, see sections 706(b) and 708(b) (2).
D. Time and place for filing. — The return of a resident partnership
must be filed on or before the 15th day of the 4th month following the
close of the taxable year of the partnership, with the District Director
of Internal Revenue for the District in which the partnership has its
principal office or principal place of business. The return of a foreign
partnership in which all the partners are nonresident aliens shall be
filed on or before the 15th day of the 6th month following the close of
the taxable year of the partnership with the district director for the dis-
trict in which such partnership has a principal office or place of business
within the United States.
Where the partnership does not have a principal office or place of
business in the United States, the return shall be filed with the Director,
International Operations Division, Internal Revenue Service, Washing-
ton 25, D.C., U.S.A.
E. Signature. — The return must be signed by one partner or member.
If receivers, trustees in bankruptcy, or assignees are in control of the
property or business of the organization, such receivers, trustees, or
assignees must sign the return.
cSQ— 16— 76M1-1
Any person(s), firm, or corporation who prepares a partnership return
for compensation also must sign. If the return is prepared by a firm or
corporation, the return should be signed in the name of the firm or cor-
poration. The statement is not required if the return is prepared by a
regular, full-time employee of the pailnership such as a clerk, secretary,
bookkeeper, etc.
F. Penalties. — Severe penalties are provided by law for willful failure
to make and file a return on time and for willful attempt to evade or
defeat payment of tax.
G. Methods of accounting. — If the partnership's books are kept on an
accrual method, report all income accrued and expenses incurred. If the
books are kept on the cash receipts and disbursements method, or if the
partnership kept no books, make the return by the cash receipts and
disbursement method and report all income received or constructively
received, such as bank interest credited to the partnership's account and
coupon bond interest matured, and report expenses actually paid. The
books may be kept by (1) cash method, (2) accrual method, or (3) any
permissible combination of methods.
Rounding Off to Whole-Dollar Amounts
If you wish, the money items on your return and accompanying sched-
ules required by such, return may be shown as whole-dollar amounts.
This means that you eliminate any amount less than 50 cents, and
increase any amount from 50 cents through 99 cents to the next higher
dollar.
H. Items exempt from tax. — Items exempt from tax are listed in sec-
tions 101 through 121, for example:
(1) Interest on governmental obligations. — The interest on obliga-
tions of a State or a possession of the United States, or any political sub-
division of any of the foregoing or of the District of Columbia is exempt.
(2) Proceeds of insurance policies. — In general, the proceeds of life
insurance policies, paid to the partnership by reason of the death of a
partner, are exempt. If any part of the proceeds is held by the insurer
under an agreement to pay interest, the interest is taxable.
(3) Income from improvements by lessee. — Income, other than rent,
derived by a lessor of real property upon the termination of a lease,
representing the value of such property attributable to buildings erected
or other improvements made by the lessee, is exempt.
I. Information at source. — Every partnership making payments in
the course of its trade or business during the calendar year 1959 of
( 1 ) interest, rents, commissions, or other fixed or determinable income
of $600 or more, or (2) salaries and wages of $600 or more shall make
returns on Forms 1096 and 1099. Exceptions — No report is required
Instructions— Form IOCS C19S3)
160
FACSIMILES OF FORMS USED, 1959
PAGE 2
of the following: (a) Wages reported on Form W-2, (b) Payments of
any type to a corporation, (c) Distributions or salaries to the partners,
(d) Rent paid as a tenant to a real estate agent, and (e) Payments made
as a broker to your customers.
J. Balance sheets. — The balance sheets, Schedule L, should agree with
the books of account, otherwise any differences should be explained in
an attached statement. Partnerships reporting to the Interstate Commerce
Commission or to any national. State, municipal, or other public officer,
may submit, in lieu of Schedule L, copies of their balance sheets pre-
scribed by said Commission or State or municipal authorities, as at the
beginning and end of the taxable year.
In case the balance sheet as at the beginning of the current taxable
year does not agree in every respect with the balance sheet which was
submitted as at the end of the previous taxable year, the differences
should be explained.
K. Principal business activity. — On page 1 of the return, give the
one business activity that accounts for the largest percentage of "total
receipts." "Total receipts" means gross receipts (line 1, page l) plus all
other sources of ordinary income included in line 26, page 1, of the
return. State the broad field of business activity as well as the specific
product or service, such as "Wholesale food," "Retail apparel," etc.
L. Elections. — (1) A partnership may elect to be taxed as a domestic
corporation if it qualifies under section 1361. In such cases. Form 1120
rather than Form 1065 should be filed.
(2) An unincorporated organization qualifying under section 761(a)
as an investing partnership or as participating in the joint production,
extraction, or use of property under an operating agreement may elect to
be excluded from treatment as a partnership in accordance with section
1.761-1 (a) (2) of the Regulations. Such unincorporated organization
must make the election in a statement attached to Form 1065 for the first
year for which an election to be excluded is desired. For subsequent
years such unincorporated organization must file Forms 1096 and 1099
instead of Form 1065. See section 1.76l-l(a) (2) of the Regulations.
(3) With one exception, elections affecting the computation of tax-
able income derived from partnership operations shall be made by the
partnership. Such elections might be as to the method of accounting era-
ployed, methods of depreciation, etc. The one exception is with regard to
the Foreign Tax Credit provided for in section 901, in which case each
partner may make a separate election on his individual income tax return.
(4) Information with regard to elections affecting the basis of part-
nership property, the basis of partners' interests, and the distribution of
property and other elections, may be found under the applicable sections
of Chapter 1, subchapter K of the Code and the Regulations issued
thereunder.
M. Section 702(a) items. — Each partner is required by the Code to
take into account separately his distributive share of certain specific
items enumerated in the Code as follows; (1) Gains and losses from
sales and exchanges of capital assets held for not more than 6 months;
(2) gains and losses from sales and exchanges of capital assets held
for more than 6 months; (3) gains and losses from sales and exchanges
of property described in section 1231; (4) charitable contributions;
(5) qualifying dividends; (6) taxes described in section 901; (7) par-
tially tax-exempt interest; (8) other items of income, gain, loss, deduc-
tion, or credit, to the extent provided by Regulations (See instructions
for Schedule K); and (9) taxable income or loss (ordinary income)
exclusive of items 1 through 8 above.
N. Distribution of unrealized receivables and inventory items. — Where
a partner receives a distribution of unrealized receivables or substan-
tially appreciated inventory items in exchange for all, or a part, of his
interest in other partnership property (including money), the transaction
is treated as a sale or exchange of such property between the distributee
partner and the partnership. The gain realized by the partnership is
treated as ordinary income and reported on line 11 of page 1. See section
751 and the Regulations issued thereunder. i
O. Net operating loss deduction. — The benefit of tne deduction for
net operating losses provided by section 172 shall not be allowed to a
partnership. In computing his own net operating loss or his own taxable
income for any taxable year for the purposes of the computation required
by section 172, however, each partner shall take into account his share
of the income and losses of the partnership. The net operating loss
deduction shall not be allowed in computing the net earnings from
self-employment.
P. Information regarding renegotiable contracts. — Every partnership
which held, during the taxable year, contracts or subcontracts which
were subject to the Renegotiation Act of 1951, shall, in answer to ques-
tion F, page 1, state the actual or if not accurately determinable, its best
estimate of the aggregate gross dollar amount billed during the current
taxable year under all contratts and/or subcontracts. The gross amount
billed on cost-plus-fixed-fee contracts, and not merely the fixed fee, shall
be included.
The term "subcontract" means any purchase order or agreement to
perform all or any part of the work, or to make or furnish any article,
required for the performance of another contract or subcontract.
Q. Specially allocated items. — Distributive shares of items of income,
gain, loss, deduction or credit are to be allocated among the partners
in accordance with the partnership agreement for sharing income or loss
generally. However, where the partners agree, specified items may be
allocated among them in a different ratio than that for sharing income
or loss generally, and such allocation may be recognized in accordance
with the provisions of section 704. For instance, if the net income exclu-
sive of specially allocated items is divided evenly between three partners
but some special items are allocated 50 percent to one, 30 percent to
another, and 20 percent to the third partner, the special items should be
reported in Schedule K, instead of in the other numbered lines on page 1.
R. Attachments. — Attachments may be used in the preparation of your
return and separate Schedule D, provided they contain all of the required
information and that summarized totals of the items shown in the at-
tachments are entered on the return and schedules.
SPECIFIC INSTRUCTIONS
The following instructions correspond with line numbers on the first page of the return, and
with schedules appearing on other pages of the return.
1. Gross receipts or gross sales. — Include all income derived from your
trade or business. Enter in the space provided such items as returned
sales, rebates, and allowances from the sale price or service charge.
2. Cost of goods sold (Schedule A). — If the production, manufacture,
purchase, or sale of merchandise is an income-producing factor in the
trade or business, inventories of merchandise on hand should be taken at
the beginning and end of the taxable year and may, unless the LIFO
method is used, be valued at (a) cost, (b) cost or market, whichever is
lower, or (r) any other method approved by the Commissioner. The
method of valuing inventory adopted for the first year is controlling, and
a change can be made only after permission is secured from the Commis-
sioner. Application for permission to change the method of valuing in-
ventories shall be made in writing and filed with the Commissioner with-
in 90 days after the beginning of the taxable year in which it is desired
to effect a change.
If the partnership desires to adopt the LIFO inventory method
provided in section 472, it must file application to do so on Form 970.
Items withdrawn from inventory or purchases for the personal use of
individual partners should not be included as part of the cost of goods
sold, but should be accounted for in Schedule M — Reconciliation of
Partners' Capital Accounts.
Installment sales. — If, pursuant to section 493, the installment
method is used, attach to the return a schedule showing separately for
the years 1956, 1957, 1958, and 1959 the following: (a) Gross sales;
(A) cost of goods sold; (c) gross profits; (d) percentage of gross
profits to gross sales; (e) amount collected; and (/) gross profit on
amount collected.
Farmer's income schedule. — If the partnership operates a farm, obtain
from the District Director and attach to the return, separate Schedule F
(Form 1040), Schedule of Farm Income and Expenses. (See Instruc-
tion 9)
4. Income (or loss) from other partnerships, syndicates, etc. — Enter
the partnership's share of the profits (whether received or not) or losses
of another partnership, except the partnership's distributive share of
another partnership's capital gains or losses, which should be repprted
in separate Schedule D (Form 1065). If the distributive share is a loss,
such loss must be limited to the amount of the adjusted basis of the
interest in the other partnership as of the end of the other partnership's
year in which the loss occurred. If the taxable year.^n the basis of which
the partnership's return is filed does not coincidewith the atmual ac-
counting period of the other partnership, include in the return the dis-
tributive share of the net profits (or losses) for the accounting period of
such other partnership ending within the period for which the return
is filed.
5. Nonqualifying dividends. — Nonqualifying dividends are taxable
dividends which are included in Ordinary Income and for which the
individual partner is NOT entitled to an exclusion or credit. Such
dividends are derived from the following sources:
(a) Life insurance companies, and mutual insurance companies
(other than mutual marine or mutual fire insurance companies issuing
perpetual policies);
(h) Corporations organized under the China Trade Act (section
941);
(c) Corporations which, for the taxable year of the corporation in
which the distribution is made, or Tor the next preceding taxable year
of the corporation, are —
CSO— 19— 7M01-I
FACSIMILES OF FORMS USED, 1959
161
(1) Eupmpt from tax under section 501 (charitable, etc., organiza-
tions) or section 521 (farmers' cooperatives); or
(2) Corporations to which section 931 (income from sources within
possession of the United States) applies;
(d) Mutual savings banks, cooperative banks, domestic building and
loan associations, domestic savings and loan associations, Federal savings
and loan associations on deposits or withdrawable accounts. Dividends
from these organizations must be reported as interest.
(e) Regulated investment companies except to the extent designated
by the company to be taken into account as a dividend for these purposes.
(/) Foreign corporations.
Qualifying dividends are taxable dividends received from domestic
corporations and not listed above. See instructions for Schedule K.
6. Interest. — Enter total interest from all sources except:
(a) Interest wholly exempt from tax.
(4) Interest on tax-free covenant bonds. See instructions for Sched-
ule K.
(f) Partially tax-exempt interest. See instructions for Schedule K.
7. Rents. — Enter net income (or loss) from line 2, Schedule B.
8. Royalties. — Enter net income (or loss) as shown on the detailed
schedule to be attached to the return.
9. Net form profit (or loss). — Enter the net profit (or loss) from
Schedule F (Form 1040). Do NOT include in such line any amounts
reported in Schedule K, Form 1065.
10. Net gain (or loss) from sole or exchange of other property. — Enter
gains and losses from the sale or exchange of property other than capital
assets and section 1231 items, from line 12 of the separate Schedule D
(Form 1065).
11. Other Income. — Enter any other taxable income and explain its
nature in an attached schedule except items requiring separate computa-
tion which are required to be reported in Schedule K. (See instructions
for Schedule K.) Include taxable income from annuities and insurance
proceeds.
DEDUaiONS
13. Salaries and wages. — Enter all salaries and wages not included
as a deduction in line 3 of Schedule A, except salaries to partners.
14. Payments to partners — salaries and interest (Guoranteed Pay-
ments).— In computing Ordinary Income, a deduction may be taken for
payments to a partner for services or the use of capital where such pay-
ments are determined without regard to the income of the partnership.
Do not include distributive shares of partnership profits. Allocate to
the appropriate partners in column 4, Schedule K.
15. Rent. — Enter rent on business property but do not deduct rent for
a dwelling occupied by any partner for residential purposes.
16. Interest. — Enter interest on business indebtedness. Amounts paid
by a partnership to a partner for the use of capital should be entered on
line 14. However, amounts paid as interest by a partnership to a partner
as the result of a transaction wherein the partner acts in a capacity other
than as a partner should be entered on this line. Do not include interest
on indebtedness incurred or continued to purchase or carry obligations
the interest upon which is wholly exempt from taxation. (The limita-
tions on deductions for unpaid interest are set forth in section 267 of
the Code.)
17. Taxes. — Enter, taxes paid on business property or incurred for
carrying on business if not reflected in cost of goods sold. Federal
import duties add Federal excise and stamp taxes are deductible only
if paid or incurred in carrying on a trade or business, or in the produc-
tion or collection 61 income, or for the management, conservation, or
maintenance of property held for the production of income. Do not
deduct taxes assessed against local benefits tending to increase the value
of the property assessed, as for paving, etc., Federal income taxes, estate,
inheritance, legacy, succession, and gift taxes, or taxes reported in Sched-
ule K. Do not deduct taxes imposed on the interest of the partnership as
stockholder of a corporation which are paid by the corporation without
reimbursement from the partnership. See section 164(d) for special
rules for allocation of real estate property taxes between buyer and
seller of property.
18. Losses by fire, storm, shipwreck, or other casualty, or theft. — Enter
losses sustained during the year, if arising by fire, storm, shipwreck, or
other casualty, or from theft, and not compensated for by insurance or
otherwise, nor reflected in cost of goods sold. (See sec. 165(c).) Theft
losses can be deducted in the year in which the partnership discovers the
loss, and only in that year. Attach a statement setting forth a description
of the property, date acquired, cost, subsequent improvements, deprecia-
tion allowed or allowable since acquisition, insurance, salvage value, and
deductible loss claimed.
19. Bad debts. — Bad debts may be deducted either (1) when they
become wholly or partially worthless, or (2) by a reasonable addition
to a reserve for bad debts. No change of method is allowed without per-
mission of the Commissioner. (See Instructions on separate Schedule D
(Form 1065) regarding nonbusiness debts.)
20. Repairs. — Enter the cost of incidental repairs, including labor,
supplies, and other items, which do not add to the value or appreciably
PAGE 3
prolong the life of the property repaired. Expenditures for new build-
ings, machinery, equipment, or for permanent improvements or better-
ments which increase the value of the property are chargeable to capital
accounts. Expenditures for restoring or replacing property are not
deductible, since such expenditures are chargeable to capital accounts
or to depreciation reserves.
21. Depreciation. — A reasonable allowance for the exhaustion, wear
and tear, and obsolescence of partnership property used in the trade or
business or of partnership property held by the partnership for the
production of income shall be allowed as a depreciation deduction.
The allowance does not apply to inventories, stock-in-trade, or to land
apart from the improvements or physical development added to it. The
cost or other basis of leasehold improvements, patents, and copyrights
should also be depreciated in Schedule I.
The useful life of an asset can be measured in units of production
or machine hours (for machinery) or in miles of operation (for auto-
motive equipment), etc., but the ordinary practice is to measure useful
life in years. Business experience, engineering information, and other
relevant factors provide a reasonable basis for estimating the useful life
of property. The cost (or other basis) to be recovered should be
charged off over the expected useful life of the property. For guidance,
comprehensive tables of "average useful lives" of various kinds of
buildings, machines, and equipment in many industries and businesses
have been published in a booklet called Bulletin F, which you can buy
for 30 cents from the Superintendent of Documents, Government Print-
ing Office, Washington 25, D.C.
(1) Straight line method. — The most common method of computing
depreciation is the "straight line" method. It allows for the recovery of
cost in equal annual amounts over the life of the property, with only
salvage value remaining at the end of its useful life. To compute the
deduction, add the cost of improvements to the cost (or other basis)
of the asset and deduct both the estimated salvage value and the total
depreciation allowed or allowable in past years. Divide the result by
the number of years of useful life remaining to the asset — the quotient
is the depreciation deduction.
(2) Declining Balance Method. — Under this method a uniform rate
is applied each year to the remaining cost or other basis of property
(without adjustment for salvage value) determined at the beginning
of such year. For property acquired before January 1, 1954, or used
property whenever acquired, the rate of depredation under this method
may not exceed one and one-half times the applicable straight-line rate.
(3) Special rules for new assets acquired after December 31, 19^3- —
The cost or other basis of an asset acquired after December 31, 1955,
may be depreciated under methods proper in the past, or it may be
depreciated under any of the following methods provided: (l) That
the asset is tangible, (2) that it has an estimated useful life of 3 years
or more, and (3) that the original use of the asset commenced with
the partnership and commenced after December 31, 1953. If an asset is
constructed, reconstructed, or erected by the partnership, so much of the
basis of the asset as is attributable to construction, reconstruction, or
erection after December 31, 1953, may be depreciated under methods
proper in the past, or it may be depreciated under any of the following
methods provided that the asset meets qualifications (1) and (2) above.
(a) Declining Balance Method. — This method may be used with a
rate not in excess of twice the applicable straight-line rate.
(b) Sum of the years-digits method. — Under this method annual
allowances for depreciation are computed by applying changing frac-
tions to the partnership's cost or other basis of property (reduced by
estimated salvage).
The deduction for each year is computed by multiplying the cost or
other basis of the asset (reduced by estimated salvage value) by the
number of years of useful life remaining (including the year for which
the deduction is computed) and dividing the product by the sum of all the
digits corresponding to the years of the estimated useful life of the asset.
In the case of a 5-year life this sum would be 15 (5-|-4-|-3 + 2-fl).
For the first year five-fifteenths of the cost reduced by estimated salvage
value would be allowable, for the second year four-fifteenths, etc.
(<■) Other methods. — A partnership may use any reasonable consist-
ent method which does not result in accumulated allowances at the end
of any year greater than the total of the accumulated allowances which
would have resulted from the use of the declining balance method.
This limitation applies only during the first two-thirds of the useful life
of the property.
Note: For taxable years ending after June 30, 1958, a partnership
engaged in business may elect to write off part of the cost of its tangible
depreciable personal property acquired after December 31, 1957, which
has a useful life of at least 6 years from the date of acquisition. The
allowance is in addition to regular depreciation allowable on the balance
of the basis of the asset and is deductible in the first year in which the
regular depreciation deduaion is allowable with respect to the property.
The amount that may be written oflf is up to 20 percent of the cost of
the property but not to exceed $2,000 ($4,000 if married and filing a
joint return) for each partner. For example —
069—16—75401-1
162
FACSIMILES OF FORMS USED, 1959
PAGE 4
The A & B Company, a partnership consisting of A and B, purchased
an asset which cost $100,000. Each partner is married and each is
filing a joint return. The proiit and loss sharing ratio is 50 percent
to each. The total that may be written off is $8,000 (20 percent of
$100,000 limited to $4,000 for each partner). If the purchase price of
the asset had been $20,000 and the profit and loss ratio was 90 percent
to A and 10 percent to B, the total amount that the partnership could
write off would be 20 percent of $20,000 or $4,000 (90 percent of
$4,000 or $3,600 for A and 10 percent of $4,000 or $400 for B).
The total additional first year depreciation should be shown on the desig-
nated line of Schedule I. A schedule should be attached to the return
showing the computation and distribution of this depreciation.
22. Amorfiiation. — If the partnership elects the deduction with respect
to the amortization of (a) the adjusted basis of any emergency facility
(section 168) with respert to which the Government has issued a
certificate of necessity, or a grain storage facility (sertion 169), or
(b) certain expenditures relating to research and experiment (section
174), trademark and trade name expenditures (section 177), exploration
(section 615), and development (section 616), a statement of the perti-
nent facts should be filed with the return. Do not enter the deductions for
amortization of bond premium on this line but include it in Schedule J.
23. Depletion of mines, oil and gas wells, timber, etc. — If a dedurtion
is claimed on account of depletion, procure from the District Director
Form M (mines and other natural deposits). Form O (oil and gas),
or Form T (timber), and file with return, if complete valuation data
have been filed in previous years, then file with the return information
necessary to bring the depletion schedule up to date, setting forth in
full, a statement of all the transactions bearing on the deductions from
or additions to the value of physical assets during the taxable year, with
an explanation of how the depletion deduction for the taxable year has
been determined. (See sections 611 and 612.)
24. Other deductions authorized by law. — Enter any other authorized
deductions for which no space is provided elsewhere on page 1 of the
return, exclusive of items requiring separate computation and required
to be reported in Schedule K. Do not deduct losses incurred in trans-
actions which were neither connected with the trade or business nor
entered into for profit. No deduction is allowable for the amount of
any item or part thereof allocable to a class of exempt income, other than
the allowable portion attributable to wholly exempt interest income.
Items directly attributable to such exempt income shall be allocated
thereto, and items directly attributable to any class of taxable income
shall be allocated to such taxable income. If an item is attributable both
to taxable income and exempt income, a reasonable proportion thereof,
determined in the light of all the facts in each case, shall be allocated
to each.
A partnership receiving any exempt income, other than interest, or
holding any property or engaging in any activity the income from which
is exempt shall submit with its return as a part thereof an itemized
statement, in detail, showing (1) the amount of each class of exempt
income, and (2) the amount of expense items allocated to each such
class (the amount allocated by apportionment being shown separately).
Schedule D — Gains and losses from sales or exchanges of
capital assets and other property. — The computation of gains and
losses froni sales or exchanges of capital assets and property other than
capital assets should be made on the separate Schedule D (Form 1065).
Every sale or exchange of property, even though no gain or loss is
indicated, must be reported in detail.
Schedule K — Partners' shares of income, credits, and deduc-
tions.— This schedule should show complete information with respect
to all the persons who were members of the partnership, syndicate,
group, etc., during any portion of the taxable year. Although the partner-
ship is not subject to income tax, the members thereof are liable for
income tax in their separate capacities and are taxable upon their dis-
tributive shares of the income of the partnership, whether distributed
or not, and each is required to include his shares in his return. How-
ever, a partner may not claim on his separate return a distributive share
of loss from a partnership to the extent any such loss exceeds the basis
of his interest in the parHiership. The excess of such loss may be claimed
for later years to the extent that the basis for the partner's interest is
increased above zero. Each partner should be advised by the partnership of
his share of the income, deductions, and credits as shown in Schedule K.
Column 1 . — Enter the name and address of each partner. Where return
of partner is filed in another internal revenue district, specify district.
Column 2. — Enter the percentage of time devoted to the business by
each partner.
Column 3. — Enter the distributive share of the Ordinary Income
reported on line 26, page 1. This amount is the taxable income or loss
of, the partnership, exclusive of items requiring separate computations.
(See General Instructions M and Q and the instructions below.)
Column 4. — Enter the payments to partners of salaries and interest
shown on line 14, page 1, of the return.
Column 5. — Enter the distributive share of the contributions paid by
the partnership within the partnership's taxable year as shown in the
schedule attached to the return.
Column 6. — Enter the distributive share of the net short-term gain
(or loss) from sale or exchange of capital assets shown on line 3 of
the separate Schedule D (Form 1065).
Column 7. — Enter the distributive share of the net long-term gain
(or loss) from sale or exchange of capital assets shown on line 6 of
the separate Schedule D (Form 1065).
Column 8. — Enter the distributive share of the net gain (or loss)
under section 1231 shown on line 9 of the separate Schedule D (Form
1065).
A separate schedule must be attached to the return showins each
partner's distributive share of the following:
(a) Dividends received from domestic corporations, with respect to
which the partner is entitled to a credit (section 34) or an exclusion
(section 116) on his individual income tax return. See also Instruc-
tion 5.
(i) Partially tax-exempt interest received on obligations of the United
States or on obligations of instrumentalities of the United States.
However, if the partnership elects to amortize premiums on bonds, the
amount received on such obligations by the partnership shall be reduced
by the amortizable bond premium.
(f) The total of the income or gain and the total of the deduction
or credit of the following items: Recoveries of bad debts, prior taxes
and delinquency amounts (section 111) ; gains and losses from wagering
transactions (section 165(d)); soil and water conservation expendi-
tures (section 175); intangible drilling and development costs (section
263(c)); exploration expenditures (section 615); and any items of
income, gain, loss, deduction or credit subject to a special allocation
under the partnership agreement which differs from the allocation of
partnership income or loss generally.
(d) interest on tax-free covenant bonds upon which a Federal tax
was paid at source.
(e) taxes described in section 901 which have been paid or accrued
by the partnership to foreign countries or to possessions of the United
States.
If you are a shareholder of a regulated investment company and
receive notice on Form 2439 that the company paid tax on undistributed
capital gains, also enter your share of tiie tax paid by the regulated
investment company. Partners should be instructed to claim their part
of the credit on their income tax return by following the tax return
instructions except that the credit should be identified as a "Regulated
Investment Company credit received from a partnership" in lieu of at-
taching Form 2439. Copy B of Form 2439 should be attached to the
partnership return to substantiate the credit.
Schedule N — Computation of net earnings (or loss) from self-
employment. — Payments to partners — salaries and interest. — The total
of amounts paid to partners which were included on line 14, on page 1
of the return, must be entered on line 2 and ad'ded back to the ordinary
income in arriving at the net earnings (or loss) from self-employment.
Sale or exchange of property other than capital assets from line 10
page 1. — Net loss from the sale, exchange, or involuntary conversion of
business property held for 6 months ^r less if such property is neither
stock in trade nor other property of a kind which would properly be
includible in inventory at the close of the taxable year, nor property held
primarily for sale to customers in the ordinary course of the trade or
business must be entered on line 3. Net gains should be entered on
line 9 as an exclusion.
In determining the amount of net earnings from self -employment,
there should be excluded income from the following sources and
deductions attributable thereto:
Nonqualifying dividends from line 5, page 1;
Interest. — Interest on bonds, debentures, notes, certificates, or other
evidences of indebtedness, issued with interest coupons or in registered
form by a corporation or by a government or political subdivision
thereof, unless received in the course of a trade or business as a dealer
in stocks or securities.
Real estate rentals. — Rentals from real estate, except rentals received
in the course of a trade or business as a real-estate dealer. Receipts for
the use or occupancy of rooms or other space where services are also
rendered to the occupant, such as rooms in hotels, boardinghouses,
apartment houses furnishing hotel services, tourist camps, tourist homes,
or space in parking lots, warehouses, or storage garages do not consti-
tute rentals from real estate and therefore are included in determining
net earnings from self-employment.
Partnerships with income from farming. — A partner may use the
optional method of computing net earnings from self-employment from
farming on his individual income tax return. See pages 3 and 4 of
Schedule F (Form 1040) for instructions and the computation of net
earnings from self-employment from farming. In figuring the gross
profits from farming to be included on line 13, page 3 of Schedule F
(Form 1040) enter your share of the gross profits shown on either line
3 of page 1 or line 5 of page 2 of the Schedule F (Form 1040) filed
with the partnership return.
U.S. GOVERNMENT PRINTING OFFICE cSfl 16 7M01-1
FORM
1120
U.S. Trsaiury Dapartimnt
Internal Revenue Service
A. Check If taxpayer Ib a lole
proprietorship \_J or parl-
nership D electing under
section 1361 to be taxed as
a corporation.
B. Is this a consolidoted re*
turn? DYes Q No
(See Instruction I)
C. Are you a personal holding
company? (U Yes Q No
(See Instruction H)
FACSIMILES OF FORMS USED, 1959
U.S. CORPORATION INCOME TAX RETURN— 1959
163
or Other Taxable Year Befiinnino 1959. Ending .
(PLEASE TYPE OR PRINT)
Number and street
City or town, postol zone number. State
D. Total assets from line 13
Sch. L (See mstrucUon C)
$
E. County In which located
F. Are you a resident foreign corporation? Q Yes □ No
If "yes," place incorporated
i
3
M
M
e
e
1. Gross Receipts Less: Returns and allowances.
2. Less: Cost of goods sold (Schedule A) and/or operations (Attach Schedule) . . .
3. Gross Profit
4. Dividends (Schedule C) .
5. Interest on obligations of the United States, etc. issued:
(a) Prior to 3-1-41 — (1) U.S. savings and Treasury bonds
owned in excess of the principal amount of $5,000; and
(2) obligations of a U.S. instrumentality
Gross Amount ol
Interest
(b) On or after 3-1-41, by the U.S. or any agency or any
instrumentality thereof
6. Other interest
7. (a) Rents (b) Royalties .
8. Net gains (losses) (from separate Schedule D)
9. Other income (Attach schedule)
10. TOTAL income, lines 3 to 9, inclusive
Less: Amortizable
Bond Premium
§
g
H
11. Compensation of officers (Schedule E)
12. Salaries and wages (not deducted elsewhere)
13. Repairs (Do not include cost of improvements or capital expenditures)
14. (a) Bad debts (Sch. F) (b) Rents
15. (a) Taxes (Sch. B) (b) Interest
16. Contributions or gifts paid (Attach schedule)
17. Losses by fire, storm, shipwreck, or other casualty, or theft (Attach sch.)
18. (a) Amortization (Attach sch.) (b) Depletion
19. Depreciation (Schedule G)
20. Advertising
21. Amounts contributed under;
(a) Pension, profit-sharing, stock bonus, annuity plans (Attach sch.)
(b) Other employee benefit plans (Attach sch.)
22. Other deductions (Attach schedule)
23. TOTAL deductions in lines 1 1 to 22, inclusive
24. Taxable income before net operating loss deduction and special deductions (line 10 less line 23) .
25. Less : Net operating loss deduction
26. Taxable income before special deductions
27. Special deductions (Schedule I)
28. Line 26 less line 27
g
29. TOTAL income tax (from line 9, Tax Computation Schedule, page 3)
30. Credits for amounts paid on 1959 income tax;
(a) Tax paid with application for extension of time in which to file
(b) Payments and credits on 1 959 Declaration of Estimated Tax
31. If tax (line 29) is larger than payments (line 30), the balance is TAX DUE. Enter balance here >
32. If payments (line 30) are larger than tax (line 29) Enter the OVERPAYMENT here *•
33. Enter amount of line 32 you want; Credited on 1960 estimated (ox Refunded
SIGNATURE AND VERIFICATION (Sm Instruction E)
I declare under the penalties ol 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. If the return is prepared by a person other than the
toxpayer, his declaration is based on all the information relating to the matters required to be reported in the return of which he has knowledge.
CORPORATE
SEAL
(Data)
(Signature of officer)
(TlUe)
(Date)
(IndlvlduQl or firm Blgnolure)
(Addreaa)
oS»—ie— 75410-1
164
FACSIMILES OF FORMS USED, 1959
Page 2
Schedule A.— COST OF GOODS SOLD. (See Instruction 2)
(Where Inventories are an income-determining factor)
Schedule B.— TAXES. (See Instruction 15(q))
Explanation
Amount
1. Inventory at beainnino of vear
3. Salaries and wages
4. Other costs per books (Attach schedule)
5. Total
6. Less: Inventory at end of year
7. Cost of goods sold (Enter here and on line 2,
page 1)
V
Total (Enter here and on line 15(a), page 1).
Sche
dule C— INCOME FROM DIVIDENDS
1. Name of Declaring Corporation
2. Domestic Corporations
Taxable Under Chapter I,
Internal Revenue Code*
3. Certain Preferred Stock
of Public Utilities Taxable
Under Chapter 1, Internal
Revenue Code
4. Foreign Corporations
5. Other Corporations
Totals
Total of columns 2, 3, 4, and 5 (Enter here and on line 4, page 1)
'Except (a) dividends on certain preferred stock of public utilities, which should be entered in column 3; and (b) dividends, which should be entered in column 5,
received irom China Trade Act corporations, from corporations to which section 931 applies, and from corporations exempt from tax under sections 501 and 521.
Schedule D. — Separate Schedule D (Form 1120) should be used in reporting sales or exchanges of property. (See Instruction 8)
Schedule E.— COMPENSATION OF OFFICERS
1. Name and Address of Officer
2. OHicial Title
3. Time Devoted to
Business
Percentage of Corporation's Stock
Owned
6. Amount of
Compensation
4. Common
5. Preferred
Total compensation of officers (Enter here and on line 11, page 1)
Schedule F.— BAD DEBTS. (See Instruction 14(a))
1. Tax-
Amount of Notes and Accounts Receivable
Outstanding at—
4. Taxable Income
Reported
5. Sales on Account
6. Bad Debts of Corpo-
ration if No Reserve Is
Carried on Books
If Corporation Carries a Reserve
able
7. Gross Amount Added
to Reserve
Year
2. Beginning of Year
3. End of Year
Against Reserve
1956.
1957.
1958.
1959.
NOTE: Securities which are capital assets and which became worthless within the taxable year should be reported in separate Schedule D.
Schedule G.— DEPRECIATION.
(See Instruction 19 and Schedule H)
1. Kind of Property (if buildings, state material of which
constructed). Exclude Land and Other Nondepreciable
Property. List Assets in Groups by Depreciation Method
2. Date
Acquired
3. Cost or Other
Basis
4. Depreciation
Allowed (or
allowable) in
Prior Years
S. f^ethod of
Computing Depreciation
6. Rate (%) or Life
(years)
7. Depreciation
This Year
1. Total
2. Less: Amount of depreciation claimed in Schedule A nnd elsewli
ere on return
3. Balance — Enter here and on line 19,
page 1
V
c59— 16— 75410-1
FACSIMILES OF FORMS USED, 1959
165
Pag* 3
Schedule H.— SUMMARY OF AMORTIZATION AND DEPRECIATION SCHEDULES
PafI A.— DEPRECIATION
Part B.-AMORTIZATION
1. Straight line method
2. Declining balance method
9. Grain storage facilities
3« Sum of the years-digits method ....
10. Research or experimental expenditures
4. Based on units of production
11. Exploration and development expenditures. ,
12. Organizational expenditures
5. Addl. 1st year (Sec. 179)
6. Other methods
13. Trademark and trade name expenditures. . .
14. Total amortization claimed
7. Total depreciation claimed
K
Schedule I.— SPECIAL DEDUCTIONS
Deduction for partially tax-exempt interest (See Instruction 5)
Dividends-received deductions:
(a) 85 percent of column 2, Schedule C
(b) 62.1 15 percent of column 3, Schedule C
(c) 85 percent of dividends received from certain foreign corporations
Total dividends-received deductions (sum of lines 2 (a), (b), and (c) but not to exceed 85 percent of the excess
of line 24, page 1 over the sum of lines 1 and 5). (See Instructions in case of net operating loss or if the
oorpoiation is a small business investment company.)
4. Deduction for dividends paid on certain preferred stock of public utilities (See Instructions in case of net operating
loss) .
Deduction for Western Hemisphere trade corporations (See Instructions in case of net operating loss) ,
Total special deductions (enter here and on line 27, page 1)
TAX COMPUTATION FOR CALENDAR YEAR 1S59 AND TAXABLE YEARS ENDING ON OR BEFORE JUNE 30, 1960
For other taxable years attach Schedule 1120 FY (See tax computation instructions)
1. (a) Line 28, page 1 (b) plus line 1, Scheduled. ._. Enter total here «>
2. If amount of line 1 is:
(a) Not over $25,000 — Enter 30 percent of line 1 (32 percent if a consolidated return)
(b) Over $25,000—
Enter 52 percent of line 1 (54 percent if a consolidated return)
Subtract $5,500, and enter difference
5,500.00
3. Adjustment for partially tax-exempt interest.
4. Normal tax and surtax (line 2 less line 3) .
Enter 30 percent of line 1 (b) , but not in excess of 30 percent of line 1 .
Income tax (line 4, or line 20 of separate Schedule D)
Credit allov/ed a domestic corporation for income taxes paid to a foreign country or
United States possession (submit Form 1118)
7. Balance of income tax (line 5 less line 6)
8. Tax under section 541 of the Internal Revenue Code (from Schedule 1 120 PH)
9. Total income tax (line 7 plus line 8). Enter here and on line 29, page 1 . . . .
ADDITIONAL INFORMATION REQUIRED
C. Employer Identification No.
H. Date incorporated
I. Did the corporation at any time during the taxable year own
directly or indirectly 50 percent or more of the voting stock of
a domestic corporation? □ Yes □ No
Did any corporation, individual, partnership, trust, or association
at any time during taxable year own directly or indirectly 50
percent or more of the corporation's voting stock?. □ Yes □ No
If either answer is "Yes," attach separate schedule showing:
(1) name and address;
(2) percentage of stock owned;
(3) date stock was acquired; 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.
J. Did the corporation make a return of information on Forms 1096
and 1099 lor the calendar year 1959 in connection with:
Taxable dividends □ Yes D No
.n Yes D No
Other payments
(See Instruction G-(l).)
K. Did the corporation, during the taxable year, have any contracts
or subcontracts subject to the Renegotiation Act of
1951 D Yes D 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 Instruction G-(4)) _ -
L. Did the corporation at any time during the taxable year own
directly or indirectly any stock of a foreign corpo-
ration? D Yes D No
If answer is "Yes," attach statement as required by Inst. K.
M. Enter amount of income (or deficit) from:
(a) line32, page 3, Form 1120, 1956 -
(b) line32, page 3, Form 1120, 1957 _—
(c) line 32, page 3, Form 1 120, 1958. . .— —-
N. If corporation is a cooperative association, check whether:
(1) □ farmers' marketing or a farmers' purchasing coopera-
tive association,
(2) □ consumers' cooperative association, or
(3) n other cooperative association.
O. Business group code No. and principal business activity (see
Page 8, instructions) -- -
c59— 16— 75410-1
166
FACSIMILES OF FORMS USED, 1959
Pag» 4
Schedule L.— BALANCE SHEETS (See Instructions)
ASSETS
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
Cash
Investments in governmental obligations;
(a) United States and its instrumentalities
(b) State, Territory, or a possession of the U.S., any po-
litical subdivision thereof, or the Dist. of Columbia .
Notes and accounts receivable
(a) Less: Reserve for bad debts
Inventories: (a) Other than last-in, first-out
(b) Last-in, first-out
Other current assets including short term marketable
investments (Attach schedule)
Mortgage and real estate loans
Other investments (Attach schedule)
Buildings and other fixed depreciable assets
(a) Less: Accumulated amortization and depreciation .
Depletable 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)
Other current liabilities (Attach schedule)
Bonds, notes, and mortgages payable (maturing 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 ot Taxable Year
Amount
End of Taxable Year
Amount
Total
V
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 24, page 1) . . . .
3. Nontaxable interest on:
(a) Obligations of a State, Terri-
tory, or a possession of the
United States, or any political
subdivision of any of the fore-
going, or the Dist. of Columbia .
(b) Obligationsofthe 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)
6. Adjustments for tax purposes not
recorded on books (Attach sch.) . .
7. Sundry credits to earned surplus
(Attach schedule)
8. Total of lines 1 to 7
9. Total distributions to stockholders charged to earned
surplus during the taxable year: (a) Cash
(b) Stock of the corporation
(c) Other property (Attach schedule)
10. Contributions in excess of 5% limitation
11. Federal income and excess profits taxes
12. Income taxes of foreign countries or United States
possessions if claimed as a credit in whole or in
part on line 6, page 3 Tax Computation
13. Insurance premiums paid on the lite of any officer or em-
ployee where the corporation is directly or indi-
rectly a beneficiary
14. Unallowable interest incurred to purchase or carry
tax-exempt interest obligations
15. Excess of capital losses over capital gains
16. Additions to surplus reserves (Attach schedule)
17. Other unallowable deductions (Attach schedule). . . .
18. Adjustments for tax purposes not recorded on books
(Attach schedule)
19. Sundry debits to earned surplus (Attach schedule) . . .
20. Total of lines 9 to 19
21. Earned surplus and undivided profits at end of the
taxoble year (Schedule L) (Line 8 less line 20) . . .
c59— 16— 76410-1
FACSIMILES OF FORMS USED, 1959
167
PAGE 1
How To Prepare Your 1959 Corporation
Income Tax Return on form 1120
(References are to the Internal
Revenue Code).
Note: "Small Business Corporation" file Form 1120-S rather than Form 1120. See last paragraph of General Instruction
H
GENERAL INSTRUCTIONS
A. Corporations required to make a return on Form 1120. —
Every domestic and every resident foreign corporation not ex-
pressly exempt from taxation under chapter 1 (Section 501),
whether or not having any taxable income, must file a return.
The term "corporation" is defined by the Code to include asso-
ciations, joint-stock companies, and insurance companies.
Partnerships and proprietorships may elect to be taxed as
domestic corporations if an election is made not later than 60
days after the close of the taxable year and if certain qualifications
are met. (Section 1361.) If the return is filed by a proprietor-
ship or partnership, electing to be taxed as a corporation under
section 1361, it must be signed by the proprietor or a partner.
If a receiver, trustee in dissolution, trustee in bankruptcy, or
assignee has possession of or holds title to all or substantially all
the property or business of a corporation, whether or not the
property or business is being operated, he must make a return of
income for the corporation in the same manner and form required
of other corporations. (Section 6012.)
A mutual savings bank not having capital stock represented
by shares; a domestic building and loan association, a domestic
savings and loan association, a Federal savings and loan associa-
tion, substantially all the business of which is confined to making
loans to members; and a cooperative bank without capital stock,
operated for mutual purpqses and without profit, are subject
to income tax and must file returns.
B. Period to be covered by return. — Returns shall be filed for
the calendar year 1959 or fiscal year beginning in 1959 and ending
in 1960. A fiscal year is an accounting period of 12 months
ending on the last day of a calendar month other than December,
but if a taxpayer has made the election provided in section 441 (f ),
the term "fiscal year" means an annual period varying from 52
to 53 weeks. If a taxpayer has no annual accounting period, or
keeps no books, or has an accounting period which does not
qualify as a fiscal year, the return must be filed for the calendar
year, except as provided in section 443.
For the-procedure to follow in changing an established account-
ing period, see your District Director.
C. Accounting methods. — Taxable income shall be computed
in accordance with the method of accounting regularly used by
the taxpayer in maintaining its books and records. In all cases
the method adopted should clearly reflect taxable income. The
basic methods of accounting are the "cash receipts and disburse-
ments method" and the "accrual method." Section 446 permits
the use of these methods or any other method permitted under the
Code or any combination of these methods in accordance with reg-
ulations. If a taxpayer engages in more than one trade or business,
it may, with respect to" each trade or business, use a different
method of accounting. Each method must, however, clearly
reflect the income of the particular trade or business with which
it is used, and separate profit and loss statements for each trade or
business must be submitted. Except in those cases where the law
specifically permits it, a taxpayer may not change the method
of accounting upon the basis of which it has reported its income in
prior years (for its income as a whole or with respect to any sepa-
rate trade or business) without first securing consent. For proce-
dure to be followed in seciu'ing consent, see your District Director.
Cash receipts and disbursements method. — Under this method,
a taxpayer includes all items of taxable income (whether cash,
property, or services) in the year when it is actually or construc-
tively received and claims as deductible expenses only those
expenses actually paid. Income is constructively received when
the amount is credited to the taxpayer's account, or set aside
for it, and is unconditionally subject to its command. This in-
cludes uncashed checks, bank interest credited, matured bond
coupons, and other similar items which can be immediately turned
into cash. Do not deduct capital expenditures.
c59— 16— 75412-1
Accrual method. — Under this method income is reported in
the year when the taxpayer first has a definite right to income,
the amount of which can be ascertained with reasonable accuracy
while deductions are taken in the year in which there is first estab-
lished a specific liability, the amount of which can be ascertained
vyith reasonable accuracy. Where the right to income or the
liability for expense is uncertain, or the amount of such income
or expense cannot be ascertained with reasonable accuracy, accrual
is generally postponed until a determination is possible.
Other methods. — Separate provisions are contained in section
453 for installment method of accounting. For other information
on accounting methods, see your District Director.
Rounding off to whole-dollar amounts. — If you wish, the money
items on your return or accompanying schedules required by such
return may be shown as whole-dollar amounts. This means that
you eliminate any amount less than 50 cents, and increase any
amount from 50 cents through 99 cents to the next highest dollar.
D. Filing of return and payment of tax. — Returns of domestic
and resident foreign corporations must be filed on or before the
15th day of the third month following the close of the taxable
year with the District Director of Internal Revenue for the district
in which the corporation's principal place of business or principal
office or agency is located. (Section 6072.)
Request for automatic extension of 3 months for filing of return
must be made on Form 7004. (Section 6081 (b).)
The balance of tax due as shown on line 31, page 1 of the return,
must be paid in full when the return is filed or in two installments,
50 percent on or before the 15th day of the third month and 5()
percent on or before the 15th day of the sixth month following the
close of the taxable year.
If any installment is not paid on or before the date fixed for
its payment, the whole amount of the tax unpaid shall be paid
upon notice and demand by the District Director. The tax may
be paid in cash or by check or money order drawn to the order
of "Internal Revenue Service." Cash payment should be made
only in person at the District Director's office.
A declaration of estimated tax must be made by every corpora-
tion which is subject to income tax under section 11 or 1201 (a),
or subchapter L of chapter 1 (relating to insurance companies),
if its income tax for the taxable year can reasonably be expected to
exceed $100,000 plus the amount of any estimated credits against
tax. (See Form 1120-ES.) In the case of affiliated corporations
filing a consolidated return, see consolidated return regulations
prescribed under section 1502.
Additional charge for underpayment of estimated tax. — Under-
payment of installments of estimated tax will result in additional
charges for the period from the due date of each installment until
paid, or until the due date for filing the tax return, whichever
is the earlier.
The charge with respect to any underpayment of any install-
ment is mandatory and will be made unless the exceptions specified
in section 6655 (d) are applicable.
If you have an underpayment of estimated tax and believe the
additional charge should not be asserted due to the applicability
of the "relief provisions" of section 6655 (d), attach a statement
to your return explaining which of the provisions applies to you,
showing any necessary computations. If you wish, you may
«btain Form 2220 from the nearest Internal Revenue Service office
for this purpose.
E. Signature and verification. — The return must be signed either
by the president, vice-president, treasurer, assistant treasurer or
chief accounting officer, or by any other corporate officer (such as
tax officer) who is authorized to sign. A receiver, trustee, or as-
signee must sign any return which he is required to file on behalf of
Instructions — Form 1120 (1P59)
168
FACSIMILES OF FORMS USED, 1959
PAGE 2
a corporation. The return must also be signed by any person,
firm, or corporation who prepared the taxpayer's return for com-
pensation. If the return is prepared by a firm or corporation, it
should be signed in the name of the firm or corporation. This
verification is not required if the return is prepared by a regular,
full-time employee of the taxpayer.
F. Failure to file, etc. — Substantial additions to the tax are
imposed for failing to file a return, for late filing, and for filing
a false or fraudulent return.
G-(l). Information at the source. — Every corporation making
payments in the course of its trade or business of ( 1 ) interest, rents,
commissions, or other fixed or determinable income of $600 or
more during the calendar year 1959 to an individual, a partnership,
or a fiduciary, or ( 2 ) salaries or wages of $600 or more shall make
returns on Forms 1096 and 1099, except that the making of such
returns will not be required with respect to salary or wage pay-
ments included on Form W— 2, provided copies of withholding
statements on Form W-2 are furnished. If a portion of such
salary or wage paymients was reported on a Withholding Statement
(Form W-2), only the remainder must be reported on Form 1099.
Except as stated below, the returns on Forms 1096 and 1099
shall also include dividend payments totaling $10 or more during
the calendar year 1959 to each shareholder who is an individual
(citizen or resident of the United States), a resident fiduciary, or
a resident partnership any member of which is a citizen or resident.
In the case of payments by a building and loan association, a
cooperative bank, a homestead association, a credit union, or a
savings and loan association, such total shall be $600 or more. In
the case of payments by a corporation described in sections 501 (c)
(12), (15), (16), 521 and 522, or in the case of a national farm
loan association or a production credit association, such total shall
be $100 or more.
The returns on Forms 1096 and 1099 shall also include (except
in the case of insurance companies taxable under Subchapter L
and corporations exempt under section 501 (c) (12) or (15))
patronage dividends, rebates, and refunds totaling $100 or more
during the calendar year 1959, whether in cash, merchandise,
capital stock, revolving fund certificates, retain certificates, certifi-
cates of indebtedness, letters of advice, or in some other manner.
G-(2). Information regarding dissolution or liquidation. —
Every corporation shall, within 30 days after the adoption by the
corporation of a resolution or plan for the djssolution of the cor-
poration or for the liquidation of the whofe or any part of its
capital stock, render a correct return on Form 966 setting forth
the terms of such resolution or plan.
Every corporation making distributions in liquidation of the
whole or any part of its capital stock shall also make returns on
Forms 1096 and 1099L, as required by instructions on Form 1096,
for the calendar yesir 1959.
G-(3). Certain transfers of property on or after January 1,
1951. — Under certain circumstances the $25,000 exemption from
surtax and the $100,000 accumulated earnings credit are not
allowed or may be reduced to a lesser figure. Section 1551 pro-
vides that if a corporation on or after January 1, 1951, transfers
all or part of its property (other than money) to another corpora-
tion which was created for the purpose of acquiring such property
or which was not actively engaged in business at the time of luch
acquisition and if after such transfer the transferor corporation or
its stockholders, or both, are in control of such transferee corpora-
tion during any part of the taxable year of such transferee cor-
poration, the transferee corporation shall not for such taxable year
(except as may be otherwise determined under section 269 (b) )
be allowed either the $25,000 exemption from surtax provided in
section 11 (c) or the $100,000 accumulated earnings credit pro-
vided in section 535 (c), unless such transferee corporation shall
establish by the clear preponderance of the evidence that the se-
curing of such exemption of credit was not a major purpose of
such transfer. For the purposes of section 1551, control means
the ownership of stock possessing at least 80 percent of the total
combined voting power of all classes of stock entitled to vote or at
least 80 percent of the total value of shares of all classes of stock
of the corporation. Rules are provided in sections 544 and 1551
for determining ownership of stock. For allocation of the surtax
exemption and the accumulated earnings credit in certain cases,
see section 269 (b).
G-(4). Information regarding renegotiable contracts. — Every
corporation which held, during the taxable year, contracts or sub-
contracts which were subject to the Renegotiation Act of 1951
shall, in answer to question K, page 3, state the actual or, if not
accurately determinable, its best estimate of the aggregate gross
dollar amount billed during the current taxable year under all Con-
tracts and/or subcontracts.
H. Returns of certain corporations. Domestic corporations
entitled to benefits of section 931 ■ — Domestic corporations within
the possessions of the United States (except the Virgin Islands)
may report as gross income only gross income from sources within
the United States, provided (a) 80 percent or more of the gross
income for the 3-year period immediately preceding the close of
the taxable year (or such part thereof as may be applicable) was
derived from sources within a possession of the United States, and
(b) 50 percent or more of the gross income for such period or
such part thereof was derived from the active conduct of a trade
or business within a possession of the United States.
Resident foreign corporations. — Foreign corporations which at
any time within the taxable year are engaged in trade or business
within the United States shall make returns on Form 1120 of
income derived from sources within the United States. (Section
882.)
Nonresident foreign corporations. — Foreign corporations not
engaged in trade or business within the United States at any time
within the taxable year are subject to tax upon gross income from
sources within the United States (determined under the provisions
of sections 861 through 864) consisting of fixed or determinable
annual or periodical income and of certain gains derived from
the disposal of*timber and coal. Returns required from these cor-
porations must be made on Form 1 1 20NB.
Insurance companies. — Life insurance companies subject to
tax imposed by section 802 shall make returns on Form 1120L.
Mutual insurance companies subject to tax imposed by section 821
shall make returns on Form 1120M. Insurance companies de-
scribed in section 831, and mutual savings banks described in
section 594 and conducting life insurance business, shall make
returns on Form 1120. There should be filed with the return
a copy of the 1959 annual statement approved by the National
Association of Insurance Commissioners which contains the under-
writing and investment exhibit.
Regulated investment companies. — If for any given year the
investment company satisfies the requirements of section 851 it
will be considered a regulated investment company for that year.
Personal holding companies. — Section 541 imposes a tax upon
the undistributed personal holding company income (as defined
in section 545) of corporations classified as personal holding
companies. Every personal holding company must file a schedule
1120PH with its return on Form 1120.
Under the provisions of section 542, a corporation is a "personal
holding company" if at least 80 percent of its gross income for the
taxable year is personal holding company income as defined in
section 543, and if at any time during the last half of the taxable
year more than 50 percent in value of its outstanding stock is
owned, directly or indirectly, by or for not more than five indi-
viduals. (Sections 541-547.)
Foreign personal holding companies. — Section 551 (a) requires
that the undistributed foreign personal holding company income
of a foreign personal holding company, as defined in section 552,
shall be included as a dividend in the gross income of the United
States shareholders in the amount provided by subsection (b).
Schedule 1120PH is not required, but information returns on
Forms 957 and 958 must be fiJed by the officers, directors, and
certain United States shareholders as provided by section 6035
and the regulations thereunder.
A foreign corporation which is a personal holding company, as
defined in section 542 but not within the definition of section 552,
is subject to the tax imposed by section 541 on undistributed per-
sonal holding company income and must file a schedule 1120PH
with its return.
Exempt organizations. — Section 511 imposes a tax upon the in-
come derived from an unrelated trade or business of certain
exempt organizations. Every such organization subject to this tax
must file a Form 99a-T.
Exempt farmers' cooperatives. — Section 522 imposes a tax upon
certain cooperatives exempt under section 521. Every such
orgEmization subject to tax must file Form 990-C.
Small business corporations. — Corporations which qualify and
elect under section 1372 (a) to have their ta.xable income taxed
directly to the shareholders (rather than to the corporation), must
file Form U20-S, instead of Form 1120. To qualify for this
c69— 16— 76*12-1
FACSIMILES OF F0RA4S USED, 1959
169
treatment, a company must be a domestic corporation which is
not a member of an affiliated group (as defined in section 1504)
and which does not have (1) more than 10 shareholders; (2) a
shareholder (other than an ertate) who is not an individual; (3) a
shareholder who is a nonresident alien; and (4) more than one
class of stock.
I. Consolidated returns. — Subject to the provisions of sections
1501 through 1552 and the regulations, an affiliated group of cor-
porations may make a consolidated income tax return in lieu of
separate returns. The making of a consolidated return shall be
upon the condition that all corporations which at any time during
the taxable year have been members of the affiliated group consent
to all the consolidated return regulations prescribed under section
1502 prior to the last day prescribed by law for the filing of such
return. The common parent corporation, when filing a consoli-
dated return, shall attach thereto a schedule showing the names
and addresses of all the corporations included in the return. Form
851, Affiliations Schedule, should be obtained from the District
Director of Internal Revenue and filed as a part of the return.
Each subsidiary must prepare two signed copies of Form 1122
authorizing the making of the return on its behalf. One such form
shall be attached to the consolidated return as a part thereof, and
the other shall be filed, at or before the time the consolidated
return is filed, in the office of the District Director for the sub-
sidiary s district.
Supporting schedules shall be filed with the consolidated return.
These schedules shall be prepared in columnar form, one column
being provided for each corporation included in the consolidation,
showing in detail the items of gross income and deductions and
the computation of taxable income; one column for a total of like
items before adjustments are made; one column for intercompany
eliminations and adjustments; and one column for a total of like
Items after giving effect to the eliminations and adjustments. The
Items included in the column for eliminations and adjustments
should be symbolized to identify contra items affected, and suitable
explanations appended, if necessary. Similar schedules shall also
contain in columnar form a reconciliation of surplus for each cor-
poration, together with a reconciliation of the consolidated surplus.
A schedule which sets forth the basis of property transferred to or
received from an affiliated, subsidiary, or parent corporation must
also be attached.
Consolidated balance sheets as of the beginning and close of the
taxable year of the group shall accompany the consolidated return
m a form similar to that required for reconciliation of surplus.
J. Tax on improperly accumulated earnings. — In order to pre-
vent accumulation of earnings and profits for the purpose of
enabling shareholders to avoid the tax on individuals, section 531
provides an additional tax upon the accumulated taxable income
of corporations formed or availed of for the purpose of such tax
avoidance.
PAGE 3
K. Stock ownership in foreign corporations.— In addition to the
information to be shown in Schedule C of the return, a corporation
owning directly or indirectly any stock of a foreign corporation
must attach a statement showing the name and address of each
company and the total number of shares of each class of outstand-
ing stock owned during the taxable year. If the corporation owned
5 percent or more m value of the outstanding stock of a foreign
personal holding company, attach a statement setting forth in
complete detail the information required by section 551 (d).
L. Balance sheets.— The balance sheets. Schedule L, should
agree with the books of account or any differences should be recon-
ciled. The balance sheets for a consolidated return of affiliated
corporations should be furnished in accordance with Instruction I
AH corporations reporting to the Interstate Commerce Commis-
sion or to any National, State, municipal, or other public officer
may submit, in lieu of Schedule L, copies of their balance sheets
prescribed by such authorities as at the beginning and end of the
taxable year.
Line 10, Schedule L, should show land less any accumulated
amortization of the land as an emergency facility under the author-
ity of sections 124 and 124A of the Internal Revenue Code of
1939 or section 168 of the Internal Revenue Code of 1954.
Line 15, Schedule L, should be used by banks, building and
loan associations, and other financial institutions to report demand
and time deposits of customers, including withdrawable shares,
share accounts, and investment certificates.
M. Forms other than prescribed by return. — Banks, insurance
companies, and other corporations required to submit substan-
tially similar statements of income and expenses to any National,
State, municipal, or other public officer may submit with the
return a statement of income and expenses in the form furnished
to such officer, in lieu of the information requested in lines 1 to 28,
page 1, except that a railroad company may submit with the
return a statement on Form 1090. In such cases the taxable
income will be reconciled by means of Schedule M with the net
profits shown by the income and expense statement submitted,
and should be entered as line 28, page 1.
N. Attachments. — Attachments may be used in the preparation
of your return and supplemental schedules, provided they contain
all of the required information and that summarized totals of the
items shown in the attachments are entered on the return and
schedules. This does not apply to any tax computation portion
of a form or schedule.
O. Total assets. — Enter the total assets as of the end of the
taxable year as shown on line 13, Schedule L. In the event there
are no assets at the end of the taxable year, show the total assets
as of the beginning of the taxable year.
SRECIFIC INSTRUCTIONS (Numbered to correspond with the line numbers on page 1)
2. Cost of goods sold. — If the production, manufacture, pur-
chase, or sale of merchandise is an income-determining factor in
the trade or business, inventories of merchandise on hand should
be taken at the beginning and end of the taxable year, and may
be valued at cost, or at cost or market, whichever is lower, or by
any other permissible method.
An inventory method once properly adopted is controlling until
permission to change is obtained from the Commissioner. Appli-
cation for permission to change an inventory method shall be
made in writing and filed with the Commissioner within 90 days
after the beginning of the taxable year in which it is desired to
effect a change. In case the inventories reported do not agree with
the balance sheet, attach a statement explaining the difference.
A corporation electing to use the last-in, first-out method of
valuing inventory provided for in section 472 must file Form 970
with the return for the first- year of the election. Thereafter,
attach separate schedule showing: (1) a summary of all inven-
tories; (2) with respect to any inventories computed under section
472, the computation of the quantities and cost by acquisition
levels.
Cost of operations (where inventories are not an income-
determining factor). — If the amount entered on line 2 includes
an amount applicable to cost of operations, attach a schedule
showing: (1) Salaries and wages; and (2) other costs in detail.
_ 5. Interest on obligations of the United States, etc. — Enter the
interest on Ime 5 ; and in Schedule L, the amounts of the various
obligations owned. Also enter on line 3, Schedule M, all interest
received or accrued during the year on the various obligations
listed therein. The net amount of interest reported on line 5 (a)
is also allowable as a deduction. See the instructions for Sched-
ule I. The amount of interest received or accrued on obligations
issued on or after March 1, 1941, by the United States or any
agency or instrumentality thereof should be entered on line 5 (b).
For provisions relating to amortizable bond premiums, see sec-
tion 171.
For special rules applicable to dealers in securities, with respect
to premium attributable to certain tax-exempt securities, see sec-
tion 75.
Non-interest-bearing obligations issued at a discount. — Tax-
payers on the cash basis may elect, as to all non-interest-bearing
obligations issued at a discount and redeemable for fixed amounts
increasing at stated intervals (for example, United States Savings
Bonds), to include the increase in redemption price applicable to
the current year. For the year of election the total increase in
redemption price of such obligations occurring between the date
of acquisition and the end of the year must be included. Attach
statement listing obligations owned and computation of the in-
crease. (Section 454.)
6. Other interest. — Enter on line 6, the amount of interest on
loans, notes, mortgages, bonds, bank deposits, corporate bonds,
etc. The term "corporate bonds" includes bonds, debentures,
notes, certificates of indebtedness, or other evidences of indebt-
edness issued by any corporation and bearing interest, with inter-
est coupons or in registered form. For provisions relating to
amortizable bond premium, see section 171.
069 — 16— 76412-X
170
FACSIMILES OF FORMS USED, 1959
PAGE 4
7. Enter in the right-hand column the amount reported as
rents in (a) plus the amount reported as royalties in (b).
(a) Rents. — Enter the gross amount received for the rent of
property. Any expenses, including repairs, interest, taxes, and
depreciation should be included in the proper lines for deduc-
tions. In the case of a lease entered into prior to January 1,
1954, if both lessor and lessee are corporations and if under the
lease the lessee is obligated to pay any part of the lessor's income
tax on the rental payment, this tax is excluded from lessor's gross
income and may not be deducted by lessee. (Section 110.)
(i) Royalties. — Enter the gross amount received as royalties.
If a deduction is claimed for depletion, it must be reported on
line 18(b).
8. Gains and losses from sales or exchanges of capital assets
and other property. — The computation of gains and losses from
sales or exchanges of capital assets and property other than capital
assets should be made on separate Schedule D and filed with
Form 1 1 20. Ever> sale or exchange of property, even though no
gain or loss is indicated, must be reported in detail. If for any
taxable year the net long-term capital gain exceeds the net short-
term capital loss, or in case of only a net long-term capital gain,
a computation of the alternative tax should be made on separate
Schedule D.
9. Other income. — Enter total amount of other income not
reported elsewhere in the return and attach schedule showing
details.
13. Repairs. — Enter the cost of incidental repairs, including
labor, supplies, and other items, which do not add to the value or
appreciably prolong the life of the property. Expenditures for
new buildings, machinery, equipment, or for permanent improve-
ments or betterments which increase the value of the property are
chargeable to capital account.
14. Enter in the right-hand column the amount deducted as
bad debts in (a) plus the amount deducted as rents in (b).
(a) Bad debts. — Bad debts may be treated in either of two
ways — ( 1 ) by a deduction from income in respect of debts which
become worthless in whole or in part, or (2) by a deduction from
income of a reasonable addition to a reserve for bad debts. (Sec-
tion 166.)
A taxpayer filing a first return of income may select either of
the two methods, and that method must be followed for subse-
quent years, unless permission is granted by the Commissioner
to change to the other method. Application for permission to
change the method shall be made in writing at least 30 days prior
to the close of the taxable year for which it is desired to effect
the change.
Worthless debts arising from unpaid rents, and similar items of
taxable income, will not be allowed as a deduction unless the
income such items represent has been included in the return of
income for the year for which the bad debt deduction is claimed,
or for a previous year.
For treatment of bad debts of a mutual savings bank not having
capital stock represented by shares, a domestic building and loan
association, and a cooperative bank without capital stock organized
and operated for mutual purposes and without profit, see section
593 and the regulations thereunder.
(fc) Rents. — Enter rent paid or accrued for business property
in which the corporation has no equity. With respect to leases
entered into prior to January 1, 1954, see instruction No. 7(a).
15. Enter in the right-hand column the amount deducted as
taxes in (a) plus the amount deducted as interest in (b).
(a) Taxes. — Enter taxes paid or accrued during the taxable
year. Do not include Federal income, war-profits, and excess-
profits taxes; estate, inheritance, legacy, succession, and gift
taxes; foreign or United States possession income taxes if any
credit is claimed in line 6 (tax computation) ; Federal taxes paid
on bonds containing a tax-free covenant, nor taxes not imposed
upon the taxpayer. See section 164 (d) regarding apportionment
of taxes on real property between seller and purchaser.
(b) Interest. — Enter interest paid or accrued on business in-
debtedness. Do not include in line 15(b) interest on indebted-
ness incurred or continued to purchase or carry obligations (other
than obligations of the United States issued after September 24,
1917, and originally subscribed for by the taxpayer) the interest
on which is wholly exempt from income tax. (Section 265.)
See section 267 for limitation on deductions for unpaid expenses
and interest in the case of transactions between related taxpayers.
16. Contributions or gifts paid. — Enter contributions or gifts
actually paid within the taxable year to or for the use of ( 1 ) a
State, a Territory, a possession of the United States, or any political
subdivision of any of the foregoing, or the United States or
the District of Columbia for exclusively public purposes; (2) a
corporation, trust, or community chest, fund, or foundation, created
or organized in the United States or in any possession thereof or
under the law of the United States, or of any State or Territory,
or of the District of Columbia, or of any possession of the United
States, organized and operated exclusively for religious, charitable,
scientific, literary, or educational purposes or the prevention of
cruelty to children or animals (but in the case of contributions or
gifts to a trust, chest, fund, or foundation only if such contribu-
tions or gifts are to be used within the United States or any of its
possessions exclusively for such purposes), no part of the net earn-
ings of which inures to the benefit of any private shareholder or
individual, and no substantial part of the activities of which is
carrying on propaganda, or otherwise attempting to influence leg-
islation; (3) posts or organizations of war veterans, or auxiliary
units of, or trusts or foundations for, any such posts or organiza-
tions, if such posts, organizations, units, trusts, or foundations are
organized in the United States or any of its possessions, and if no
part of their net earnings inures to the benefit of any private share-
holder or individual; or (4) nonprofit cemetery or burial com-
panies. The amount claimed shall not exceed 5 percent of the
corporation's taxable income computed without regard to ( 1 )
this deduction, (2) the "special deductions" in line 27, and
(3) any net operating loss carryback to the taxable year under
section 172.
In the case of a corporation on the accrual basis, any contribu-
tion or gift will, at the election of the taxpayer made at the time
the return is filed, be considered as paid during the taxable year
if payment is actually made on or before the fifteenth day of the
third month following the close of the taxable year, and if the
contribution or gift has during the taxable year been authorized
by the board of directors of the corporation. A copy of such
authorization must be attached to the return.
Do not deduct as a business expense charitable contributions
which come within the above description, but which are unallow-
able in whole or in part because of the limitation contained in
section 170. (Section 162 (b).)
Any contributions paid during the taxable year in excess of the
amount deductible may be carried over and deducted in the two
succeeding taxable years subject to the 5 percent limitation pro-
vided in section 170 (b) (2). In a taxable year to which there is
a net operating loss carryover and charitable contributions in
excess of the amount deductible (or a charitable contribution
carryover from a preceding taxable year), see section 170 (b) (3).
Attach a schedule showing the name and address of each or-
ganization and the amount paid. If there is included a contribu-
tion carryover, show the amount and how the carryover was
determined.
17. Losses by fire, storm, shipwreck, or other casualty, or theft. —
Enter losses sustained during the year, arising from fire, storm,
shipwreck, or other casualty. For determination of the amount
deductible, see section 165 (b). Theft losses are deductible only
in the year in which discovered.
18. Enter in the right-hand column the amount deducted as
amortization in (a) plus the amount deducted as depletion
in (b).
(a) Amortization. — If a deduction is claimed on account of
amortization, attach a schedule showing: (1) A description of
the facilities or expenditures being amortized; (2) date acquired,
completed, or expended; (3) amount being amortized; (4) amor-
tization deducted in prior years; (5) amortization period (num-
ber of months); (6) amortization for this year; and (7) the
total amount of amortization less the amount claimed in Schedule
A and elsewhere on the return. A summary of the total amor-
tization for each facility or expenditure must be shown in
Schedule H.
The law makes special provisions for amortization of the
following kinds of assets and expenditures:
(a) Emergency facilities. — Section 168;
(6) Grain storage facilities. — Section 169;
(c) Research and experimental expenditures. — Section 174;
(d) Exploration expenditures. — Section 615;
(«) Development expenditures. — Section 616;
(/) Organizational expenses. — Section 248; and
{g) Trade-mark and trade-name expenditures. — Section 177.
For details concerning the information which must be furnished
in the statements of election required by these sections, consult
your District Director.
cSe— 16—76*12-1
FACSIMILES OF FORMS USED, 1959
171
(b) Depletion. — If a deduction is claimed on account of deple-
tion, procure from the District Director: Form M (mines and
other natural deposits). Form O (oil and gas), or Form T (tim-
ber), fill in and file with return. If complete valuation data
have been filed with questionnaire in previous years, then file
with your return information necessary to bring your depletion
schedule up to date, setting forth in full statement of all trans-
actions bearing on deductions from or additions to value of
physical assets during the taxable year with explanation of how
depletion deduction for the taxable year has been determined.
(Sections 611, 612, and 613.) Expenditures to be deferred and
deducted ratably under the election provided in sections 616 (b),
relating to certain expenditures in the development of mines, and
615 (b), relating to deductions for mine exploration, are not to
be taken into account in determining the adjusted basis for prop-
erty for the purpose of computing a deduction for depletion
under section 611.
19. Depreciation. — If a deduction is claimed on account of
depreciation, fill in Schedule G. A reasonable allowance for the
exhaustion, wear and tear, and obsolescence of property used in
the trade or business or of property held by the taxpayer for the
production of income shall be allowed as a depreciation deduction.
(Section 167.) The allowance does not apply to inventories or
stock-in-trade nor to land apart from the improvements or physical
developments added to it. Depreciation on leasehold improve-
ments, patents and copyrights shall be included in Schedule G.
The useful life of an asset can be measured in units of produc-
tion, etc., but the ordinary practice is to measure useful life in
years. Business experience, engineering information, and other
relevant factors provide a reasonable basis for estimating the useful
life of property. The cost (or other basis) to be recovered should
be charged off over the expected life of the property to the tax-
payer. For guidance, comprehensive tables of "average useful
lives" of various kinds of buildings, machines, and equipment in
many industries and businesses have been published in a booklet
called Bulletin F, which may be purchased for 30 cents from the
Superintendent of Documents, Government Printing Office, Wash-
ington 25, D. C. A brief description of the various methods of de-
preciation follows:
(a) Straight line method. — The most common method of com-
puting depreciation is the "straight line" method. It allows for
the recovery of cost in equal annual amounts over the estimated
useful life of the property, with only salvage value remaining at
the end of its useful life. To compute the deduction, add the
cost of improvements to the cost (or other basis) of the asset and
deduct both the estimated salvage value and the total depreciation
allowed or allowable in past years. Divide the result by the num-
ber of years of useful life remaining to the asset — the quotient is
the depreciation deduction.
(fe) Declining balance method. — Under this meth»d a uniform
rate is applied each year to the remaining cost or other basis of
property (without adjustment for salvage value) determined at
the beginning of such year. For property acquired before Jan-
uary 1, 1954, or used property whenever acquired, the rate of
depreciation under this method may not exceed one and one-half
times the applicable straight-line rate.
(c) Special rules for new assets acquired after December 31,
1953. — The cost or other basis of an asset acquired after Decem-
ber 31, 1953, may be depreciated under methods proper in the
past; or, it may be depreciated under any of the following methods
provided ( 1 ) that the asset is tangible, ( 2 ) that it has an estimated
useful life of three years or more to the taxpayer, and (3) that the
original use of the asset commenced with the taxpayer and com-
menced after December 31, 1953. If an asset is constructed, re-
constructed, or erected by the taxpayer, so much of the basis of the
asset as is attributable to construction, reconstruction, or erection
after December 31, 1953, may be depreciated under methods
proper in the past; or, it may be depreciated under any of the fol-
lowing methods provided that the asset meets qualifications (1)
and (2) above.
(/) Declining balance-method. — This method may be used
with a rate not in excess of twice the applicable straight-line rate.
(2) Sum of the years-digit method. — Under this method annual
allowances for depreciation are computed by applying changing
fractions to the taxpayer's cost or other basis of property (reduced
by estimated salvage).
The deduction for each year is computed by multiplying the
cost or other basis of the asset (reduced by estimated salvage
value) by the number of years of useful life remaining (including
654367 O - 62 - 12
PAGE 5
the year for which the deduction is computed) and dividing the
product by the sum of all the digits corresponding to the years
of the estimated useful life of the asset. In the case of a 5-year
life this sum would be 15 or (5-f44-3-f-2-fl). For the first year
five-fifteenths of the cost reduced by estimated salvage value would
be allowable, for the second year four-fifteenths, etc.
(5) Other methods. — A taxpayer may use any consistent method
which does not result in accumulated allowances at the end of
any year greater than the total of the accumulated allowances
which would have resulted f|:pm the use of the declining balance
method. This limitation applies only during the first two-thirds
of the useful life of the property.
(d) Section 179 — Additional first-year depreciation allow-
ance.— Corporations may elect to write off in the year of acquisi-
tion 20 percent of the cost of tangible personal property having
an aggregate value of not more than $10,000. This additional
first-year depreciation is allowed in full for the first taxable year for
which a deduction is allowable under section 167, regardless of the
date of acquisition. The cost of property does not include so much
of the basis of such property as is determined by reference to the
basis of other property held at any time by the person acquiring
such property. This additional depreciation is limited to property
acquired after December 31, 1957, with a remaining useful life of
6 years or more and which is not acquired from an affiliated cor-
poration (as defined in section 1504, except that "more than 50
percent" stock ownership is substituted for "at least 80 percent"
wherever it appears in section 1504 (a)). All members of the
affiliated group will be treated as one taxpayer, and the $10,000
limitation will be apportioned among the members in the
manner prescribed by regulations. Further, for this allow-
ance to apply in any case, the basis of the property must not be
determined in whole or in part by reference to the transferor's
basis. Depreciation on the remaining cost of the property may be
taken under any of the methods indicated above. The additional
first-year depreciation of an asset should be shown on a separate line
of the depreciation schedule rather than included on the line used
to show the regular depreciation of the asset.
A summary of the total depreciation for each method must be
shown in Schedule H.
20. Advertising. — Enter on line 20 the total amount paid or
incurred during the year for advertising. Expenditures for adver-
tising, to be deductible, must be ordinary and necessary and bear
a reasonable relation to the business activities in which the cor-
poration is engaged.
21. (a) Pension, profit-sharing, stock bonus, annuity plans. —
Enter on line 21 (a) the total amount deductible under section
404. A corporation claiming a deduction under section 404 must
submit with its return, in addition to the information specified in
the regulations concerning such deduction, a statement with
respect to each plan showing the type of plan, i. e., pension,
profit-sharing, stock bonus, annuity, or other plan deferring the
receipt of compensation, whether or not the plan is qualified under
section 401 (a), and if trusteed, whether or not the trust is exempt
under section 501 (a), and the method of funding, i. e., individual
annuity or insurance contracts, group annuity contract, group
permanent contract, or self-insured trust, if not funded, so
indicate. Contributions paid by an employer to or under a pen-
sion, profit-sharing, stock bonus, annuity plan or compensation
paid or accrued on account of any employee under a plan deferring
the receipt of such compensation, are deductible only under section
404, and are not deductible under section 162.
(fe) Other employee benefit plans.—'Enter on line 21 (b)
deductions for contributions to employee benefit plans (other than
those claimed on line 21 (a), such as insurance, health, or welfare
plans. Submit with the return a schedule for each plan showing
( 1 ) the nature of benefits, i. e., group term life insurance, group
permanent life insurance, noninsured death benefit, hospitalization,
surgical, medical, sickness, accident, major medical expense, unem-
ployment benefit, or other welfare benefits; (2) method of financ-
ing, i. e., insured, industry or areawide fund, self-insured fund, or
direct benefit payments; (3) the amount of deduction; (4) the
amount of employee contributions; (5) the number of employees
covered; and (6) if a self-insured plan, the amount of benefits paid
during the taxable year. Also show the number of employees
employed by the corporation.
22. Other deductions authorized by law. — Enter on line 22 any
other authorized deductions for which no space is provided on
the return. Any deduction claimed should be explained in an
attached schedule.
c69— 16— 76412-1
172
FACSIMILES OF FORMS USED, 1959
PAGE 6
No deduction is allowable for the amount of any item or part
thereof allocable to a class of exempt income other than interest.
For nonallowance of interest on indebtedness incurred or con-
tinued to purchase or carry tax-exempt securities, see instruction
15 (b). Items directly attributable to wholly exempt income shall
be allocated thereto, and items directly attributable to any class
ef taxable income shall be allocated to such taxable income. If an
item is indirectly attributable both to taxable income and exempt
income, a reasonable proportion thereof, determined in the light
of all the facts and circumstances in each case, shall be allocated
to each. A -taxpayer receiving any such exempt income, or hold-
ing any property or engaging in any activity the income from which
is exempt shall submit with its return as a part thereof an itemized
statement, in detail, showing ( 1 ) the amount of each class of
exempt income, and (2) the amount of expense items allocated
to each such class (the amount allocated by apportionment being
shown separately).
In the case of mutual savings banks, cooperative banks, and
domestic building and loan associations, any amounts paid or cred-
ited to the accounts of depositors or holders of accounts as divi-
dends on their deposits or withdrawable accounts, if such amounts
may be withdrawn on demand subject only to customary notice
of intention to withdraw, are allowable deductions in computing
taxable income. (Section 591.)
Under section 592 a special deduction in computing taxable
income is allowed a mutual savings bank not having capital stock
represented by shares, a domestic building and loan association,
or a cooperative bank without capital stock organized and operated
for mutual purposes and without profit, for repayment during the
taxable year of loans made before September 1, 1951, by the
United States or its wholly owned agencies, or by a mutual
fmid established under the authority of State law.
25. Net operating loss deduction. — The "net operating loss
deduction" is the sum of the net operating loss carryovers and
carrybacks to the taxable year. (Section 172 (a).) A net oper-
ating loss for taxable years ending after December 31, 1957, may
be carried back 3 years and carried over 5 years. The net operat-
ing loss must first be carried to the earliest of the 8 taxable years
to which it may be carried, then to the next earliest year, etc. The
portion of such loss which shall be carried to each of the other 7
taxable years shall be the excess, if any, of the amount of such
loss over the sum of the taxable income for each of the prior taxable
years to which such loss may be carried. (Section 172 (b).)
The term "net operating loss" means, for taxable years ending
after December 31, 1953, the excess of allowable deductions over
gross income, computed with the following modifications:
(a) No net operating loss deduction is allowed.
(t) The special deductions provided in section 242 (partially
tax-exempt interest) and section 922 (Western Hemisphere trade
corporations) are not allowed.
(c) The special deductions allowed by section 243 (dividends
received by corporations), section 244 (dividends received on cer-
tain preferred stock of public utilities), and section 245 (dividends
received from certain foreign corporations) are computed without
regard to the 85-percent limitation provided in section 246 (b).
See section 1.172-2 of the regulations.
(d) The special deduction allowed by section 247 (dividends
paid on certain preferred stock of public utilities) is computed
without regard to the provisions of subsection (a) ( 1 ) (B) of such
section. (Section 172 (d).)
As stated, the net operating loss deduction is the sum of the
carryovers and carrybacks. However, the following modifications
must be taken into account in determining the taxable income
for any year which must be subtracted from a net operating loss
to determine the portion of such loss which will still be available
to carry to a subsequent year:
(a) The special deductions provided in sections 242 (partially
tax-exempt interest) and 922 (Western Hemisphere trade corpora-
tions) are not allowed.
(6) The amount of the net operating loss deduction is deter-
mined without regard to the net operating loss for the loss year or
any taxable year thereafter.
With respect to all taxable years, whether they begin before, on,
or after January 1, 1954, in determining the amount of any net
operating loss carryback or carryover to any taxable year, the
necessary computations involving any other taxable year must be
made under the law applicable to such other taxable year. (Sec-
tion 172 (e).)
If the corporation desires prompt adjustment for an overpay-
ment attributable to a net operating loss carryback, an appli-
cation for a tentative adjustment should be filed on Form 1139
within 12 months after the close of the taxable year in which
the net operating loss is sustained. (Section 6411.)
For treatment of net operating loss carryovers in certain corpo-
rate acquisitions, see section 381.
For special limitation on net operating loss carryovers in case
of a corporate change of ownership, see section 382.
Section 852 (b) (2) provides that no net operating loss deduc-
tion shall be allowed in the case of a regulated investment
company.
27. Special deductions. — See the instructions for Schedule I.
SCHEDULE I— SPECIAL DEDUCTIONS
1. Partially tax-exempt interest. — Enter the amount received
as interest on obligations of the United States or on obligations
of corporations organized under Act of Congress which are
instrumentalities of the United States, but only if ( 1 ) such
interest is included in gross income: and (2) such interest is
exempt from normal tax under the Act authorizing the issuance
of such obligations. This deduction must be reduced by any
amortizable bond premium as provided in section 171.
2. Dividends received deductions. — (a) Dividends received
from a domestic corporation. — Enter an amount equal to 85 per-
cent of the amount received as dividends (except dividends on
certain preferred stock of public utilities) from a domestic cor-
poration subject to income tax. Amounts received as dividends
from mutual savings banks, cooperative banks, and domestic build-
ing and loan associations and allowed as a deduction to such banks
or building and loan associations shall not be treated as divi-
dends. In the case of dividends received from a regulated invest-
ment company, see section 854 regarding limitations on amount
deductible. For taxable years beginning after September 2,
1958, a small business investment company operating under the
Small Business Investment Act of 1958 can take as a deduction
an amount equal to 100 percent of the dividends received.
(b) Dividends received on certain preferred stock of public
utilities.- — Enter 62.115 percent for taxable years beginning prior
to July 1, 1960 (59.681 percent for taxable years beginning on
or after July 1, 1960), of the anaount received as dividends on
the preferred stock of a public utility which is subject to income
tax and is allowed a deduction, as provided in section 247, for
dividends paid.
(c) Dividends received from certain foreign corporations. —
Enter 85 percent of dividends received from certain foreign cor-
porations. See section 245 for qualifications and limitations on
the amount of this deduction.
In general, no dividend-received deduction will be allowed on
any share of stock (A) which is sold or otherwise disposed of in
any case in which the corporation has held such share for 15 days
or less, or (B) to the extent the corporation is under an obligation
to make corresponding payments with respect to substantially iden-
tical stock or securities. Where the stock has preference in divi-
dends, the holding period is 90 days instead of 15 if the corporation
receives dividends with respect to such stock which are attributable
to a period or periods aggregating in excess of 366 da>s.
3. Total dividends-received deductions. — In a year in which a
net operating loss occurs, sections 172 (d) and 246 (b) provide
that the 85-percent limitation on the amount of these special
deductions shall not apply. In the case of a small business invest-
ment company, the dividends received deduction of 100 percent
reported on line 36 (a) is not subject to the overall 85 percent
limitation.
4. Deduction for dividends paid on certain preferred stock of
public utilities. — In the case of a public utility there is allowed,
in accordance with section 247, an amount equal to 26.923 per-
cent for taxable years beginning prior to July 1, 1960 (29.787
percent for taxable years beginning on or after July 1, 1960), of
the lesser of ( 1 ) the amount of dividends paid on its preferred
Stock during the taxable year, or (2) the taxable income for the
taxable year computed without regard to the deduction provided
in section 247. In a year in which a net operating loss occurs,
section 172 (d) provides that this special deduction shall be com-
puted without regard to section 247 (a) (1) (B).
oS9—ia— 76112-1
FACSIMILES OF FORMS USED, 1959
173
5. Deductions for Western Hemisphere trade corporations. — In
the case- of a Western Hemisphere trade corporation, as defined in
section 921, there is allowed under section 922 a deduction equal
to 26.923 percent for taxable years beginning prior to July 1,
1960 (29.787 percent for taxable years beginning on or after July
PAGE 7
1, 1960), of the taxable income of such corporation computed
without regard to the deduction provided in section 922. Under
the provisions of section 172 (d), this special deduction is not
allowed in a year in which a net operating loss occurs.
TAX COMPUTATION INSTRUCTIONS
1. Normal tax. — Section 1 1 provides a normal tax for taxable
years beginning before July 1, 1960, equal to 30 percent of tax-
able income. In the case of a taxable year beginning after June
30, 1960, the normal tax is equal to 25 percent of taxable income.
2. Surtax. — Section 1 1 provides a surtax equal to 22 percent
of the amount by which the taxable income (computed without
regard to the deduction, if any, provided in section 242 for par-
tially tax-exempt interest) exceeds $25,000.
3. Exceptions. — The tax imposed by section 1 1 shall not apply
to a corporation subject to a tax imposed by — (1) section 594
(relating to mutual savings banks conducting life insurance
business), (2) subchapter L (section 801 and following, relat-
ing to insurance companies), (3) subchapter M (section 851
and following, relating to regulated investment companies), or
(4) section 881 (a) (relating to foreign corporations not engaged
in business in United States).
4. Change in accounting period.— Under the provisions of sec-
tion 443 (b) (1) if a corporation changes its accounting period,
the taxable income for the short period beginning on the day after
the close of the former taxable year and ending at the close of the
day before the day designated as the first day of the new taxable
year shall be placed on an annual basis by multiplying the amount
thereof by 12 and dividing by the number of months in the short
period. The tax shall be that same part of the tax computed on
the annual basis which the number of months in the short period
is of 1 2 months.
However, taxpayers may elect to compute the tax for the
short period according to the method described below if an appli-
cation to do so is filed not later than the date when (giving effect
to any extensions granted) the return for the first full taxable
year after the beginning of the short period must be filed. (Sec-
tion 443 (b) (2).) For details concerning the form and content
of such an application, consult your District Director.
If a proper application isfiled, the taxpayer may elect to pay
whichever tax under the following two methods is greater, in place
of the short period tax under section 443 (b) (1) : (1) Establish
the actual taxable income for the 12 months l^ginning with the
first day of the short period ; then compute the tax on that income.
Then determine as a short period tax that part of the tax so com-
puted which bears the same proportion to the total tax so com-
puted as the taxable income of the short period bears to the taxable
income of the 1 2 months. However, a taxpayer which distributes
substantially all its assets before the end of the 12-month period
described above, shall employ in the above computation the 12-
month period ending with the last day of the short period.
(2) Compute a tax on the taxable income of the short period as
ijf the short period were a full taxable year.
In annualizing income of a short period consisting of 7 days
or more, but less than 359 days, by reason of a change to a 52-53
week fiscal year, the annualization is made on a daily basis as pro-
vided in section 441 (f) (2) (B) (iii).
5. Consolidated returns. — Section 1503 provides that the tax
imposed under section 11 (c) or section 831 shall be increased
for any taxable year for which an affiliated group of includible
corporations makes or is required to make a consolidated return
by 2 percent of the consolidated taxable income (computed with-
out regard to the deduction, if any, provided in section 242 for
partially tax-exempt interest). If the affiliated group includes
one or more Western Hemisphere trade corporations or one or
more regulated public utilities, the increase of 2 percent shall
be applied only on the amount by which the consolidated taxable
income of the affiliated group exceeds the portion (if any) of
the consolidated taxable income attributable to the Western
Hemisphere- trade corporations and regulated public utilities in-
cluded in such group.
6. Insurance companies other than life or mutual. — All insurance
companies (other than life or mutual insurance companies), in-
cluding mutual marine insurance companies and mutual fire in-
surance companies exclusively issuing either perpetual policies
or policies for which the sole premium charged is a single deposit,
are subject to the taxes imposed by section 11. The taxable
income of such insurance companies is defined in section 832 and
differs from the taxable income of other corporations. This para-
graph does not apply to foreign insurance companies not carrying
on an insurance business within the United States. (Section 831.)
7. Life insurance departments of mutual savings banks. — A
mutual savings bank not having capital stock represented by
shares, authorized under State law to conduct a life insurance
business and which conducts such business in a separate depart-
ment the accounts of which are maintained separately from the
accounts of other departments of the bank is taxable under section
594 provided the life insurance department would, if it were
treated as a separate corporation, qualify as a life insurance
company under section 801.
The tax consists of the sum of — (1) a partial tax computed
under section 1 1 upon the taxable income of the bank determined
without regard to any items of gross income or deductions properly
allocable to the business of the life insurance department; and
(2) a partial tax upon the taxable income (computed as pro-
vided in section 802) of the life insurance department deter-
mined without regard to any items of gross income or deductions
not properly allocable to such department, at the rates and in
the manner provided in subchapter L with respect to life insurance
companies.
Tax computation. — For the purpose of computing the first par-
tial tax, a mutual savings bank should use Form 1120, filling in
£ill applicable items (except lines 5 and 7) and schedules. The
first partial tax should be computed by using lines 1 to 5. For
the purpose of computing the second partial tax Form 1120L
should be used. The first partial tax should be added to the sec-
ond partial tax and the sum thereof entered on line 5 as the total
income tax. Subtract from line 5 the sum of any credits on line 6
and enter on line 7 the balance of income tax. Form 1120L
properly filled in should be attached to and made a part of Form
1120 and properly identified as an accompanying schedule. How-
ever, any Form 1120L so used need not be separately executed
under the penalty of perjury.
8. Credit for taxes. — If, in accordance with section 901, a credit
is claimed by a domestic corporation on line 6 (Tax Computation),
page 3, on account of income, war profits and excess profits taxes
paid or accrued to a foreign country or a possession of the United
States, Form 1 1 18 should be submitted with the return. In case
credit is sought for taxes accrued but not paid, the District Direc-
tor may require a bond on Form 1 1 19 as a condition precedent to
the allowance of the credit. For carryback and carryover of a
foreign tax ciedit, see section 904 (c).
If the corporation is entitled to a credit for taxes paid by a
regulated investment company on undistributed xapital gains, in-
clude the credit on line 30 (bj", page 1, and indicate by amount
that such a credit is being claimed. Attach Copy B of Form 2439
to page 1 of the Form 1 120.
9. Overpayment credited to estimated tax. — If the taxpayer
elects to have all or part of the overpayment shown by his return
applied to his estimated tax for his succeeding taxable year, no
interest shall be allowed on such portion of the overpayment
credited.
10. Resident foreign corporations. — Foreign corporations en-
gaged in trade or business within the United States are subject to
tax on their income from sources within the United States at
the rates specified in section 11. (Section 882.)
11. Regulated investment companies. — For provisions relating
to the method of taxation of regulated investment companies, see
sections 851 through 855.
059—16—76412-1
174
FACSIMILES OF FORMS USED, 1959
PAGE 8 PRINCIPAL BUSINESS ACTIVITY
In reporting the "Principal business activity," on page 3, give the one business activity that accounts for the largest percentage
o" "total receipts." "Total receipts" means gross receipts (line 1), plus all other income (lines 4 through 9). State the broad field of
business activity as well as the specific product or service, such as "Mining copper," "Manufacturing cotton broad woven fabric,"
"Wholesale food," or "Retail apparel." Where receipts are derived from two or more of the detailed industry groups listed below, show
0:ily one which is the major source of receipts. Use the appropriate group under the heading "FINANCE" if over 50 percent of "total
receipts" consists of investment income.
Enter the "business group code number" on page 3 from the following list. Give the code for the specific industry group from
irhich the largest percentage of "total receipts" is derived.
AGRICULTURE, FORESTRT, AND
FISHERY
Oode
•11 Afrkuhure, forcslrr. and fisberj.
MINING AND QUARRHNG
Melal mining:
101 Iron ores.
102 Copper, lead, zinc, gold, silver ores.
109 Other metal mining.
121 Bituminous coal and lignite mining.
Crude petroleum and natural gas:
131 Crude petroleum, natural gas, and
natural gas liquids.
138 Oil- and gas-fleld services.
NonmetaDic mineral and anthracite mining:
141 Stone, sand, gravel.
149 Other nomnetalllc minerals, except
fuels, including anthracite.
CONSTRUCTION
151 General contractors: buildings.
152 General contractors: other.
155 Special trade contractors.
MANUFACTURING
Beverages;
191 Soft drinks, carbonated waters, and
flavoring extra<^ts and sirups.
192 Malt liquors and malt.
194 Wines, brandy, and brandy spirits.
195 Distilled, rectified, blended liquors.
Pood and kindred producti:
200 Meat products.
201 Dairy products, including combined
processing and distribution of milk.
202 Canning, preserving, and freezing
fruits, vegetables, and seafoods.
203 Grain-mill products, cereal prepara-
tions, wet com milling, starch,
204 Bakery products, including produc-
tion for retail, except on premises.
205 Sugar, cane and beet.
206 Confectionery, related products.
207 Vegetable and animal oils and fats,
except fatty acids.
208 Other food preparations and kindred
products, including manufactured ice
and sweetening sirups.
211 Tobacco manufacturers.
TeztUe miO products:
220 Yarn and thread mills, including
carpet and rug yarn.
221 Broad woven fabric mills, cotton.
222 Broad woven fabric mills, man-made
fiber and silk .
223 Broad woven fabric mills, wool:
including dyeing and finishing.
224 Narrow fabrics and other small-wares
mills: cotton, wool, silk, and man-
made fiber.
225 Knitting mills and converters.
226 Dyeing and finishing textiles, except
wool fabrics and knit goods.
227 Floor covexing mills, except hard
surface floor coverings.
228 Other textile goods, including wool
scouring and combing, tow to top
mills, tire cord and fabrics.
Apparel, finished products made from fabrics,
gimilar materials; converters:
231 Men's and boys' clothing, except fur,
rubber, and leather.
233 Women's clothing, and children's and
4;ifants' wear, except fur, rubber, and
leather.
237 Other apparel and accessories, hats,
caps, millinery, fur goods, raincoats,
belts, leather garments.
238 Other fabricated textile products,
Including house furnishings, textile
bags, canvas products, stitching, and
apparel findings.
Lumber and wood products. ex<;cpt furniture:
341 Logging camps, logging contractors,
sawmills, and planing mills.
243 Millwork, veneer, plywood, prefabri-
cated structural wood products.
249 Other wood products, wooden con-
tainers, cork, wood preserving.
Furniture and fixtures, wood or metal:
251 Household furniture.
259 Other furniture, oflSce and store
fixtures, Venetian blinds, shades,
except scientific and medical furniture.
Paper and allied products:
261 Pulp mills.
262 Paper, paper board, and building
paper and building board mills.
Code
265 Paperbonrd containers and boxes.
paper cups, sanitary food containers.
269 Converted paper and paperboard
products, paper bags.
Printing, publishing, and allied industries:
271 Newspapers,
272 Periodicals, including comic books.
273 Books.
275 Commercial printing, manifold busi-
ness forms, greeting cards.
278 Other publishing, bookbinding, and
service industries for the printing
trade.
Chemicals and allied products:
280 Industrial inorganic and organic chem-
icals, including gases, pigments.
281 Plastics materials and Synthetic
resins, rubber, and man-made fibers,
except glass.
282 Drugs and medicines, vitamins.
283 Soap, detergents, and cleaning prepa-
rations, surface active agents, sul-
fonated oils and assistants.
284 Paints, varnislies, lacquers, enamels,
putty, except color pigments.
285 Perfumes, cosmetics, and other toilet
preparatio*ns.
286 Agricultural chemicals.
288 Other chemicals, including gum and
wood, fatty acids, and explosives.
Petroleum refining and related industries:
291 Petroleum refining.
299 Other petroleum and coal products,
except coke and byproducts.
Rubber and plastics products:
301 Tire,*; and inner tubes, camelback.
.306 Other rubber products, fabrics.
307 Plastics products, except plastics
materials.
Leather and leather products; conrertcrs:
314 Footwear, except rubber.
319 Other leather goods, patent leather,
gloves; leather tanning, finishing.
Stone, clay, and glass products:
321 Glass and glass products.
324 Cement, hydraulic.
325 Structural clay. products.
326 Pottery and related products.
327 Concrete, gypsum, and plaster prod-
ucts, lime, and ready-mixed concrete.
329 Other nomnetalllc mineral products,
abrasive, asbestos, mineral wool; cut
stone and stone products.
Primary metal industries:
331 Blast furnaces, steel works, rolling and
finishing mills, coke ovens; steel wire,
nails, s^kes, pipe, oold rolled sheet,
bars.
332 Iron and steel foundries.
333 Primary and secondary smelting, re-
fining, colling, drawing, alloying of
nonferrous metals, alloys, wire.
336 Nonferrous foundries.
338 Other primary metal industries, forg-
Ings, nonferrous nails, spikes.
Fabricated metal products, except machinery,
and transportation equipment:
340 Metal cans.
341 Cutlery, hand tools, general hardware,
except all-metal cutlery.
342 Heating apparatus, except electric and
plumbing fixtures.
343 Fabricated structural metal products,
boiler shops, heat exchangers, metal
doors, windows, screens.
344 Screw machine products, bolts, nuts.
345 Metal stampings.
346 Metal coating, engraving, services.
347 Ordnance and accessories.
348 Other fatecicated metal products; pipe,
fittings, except plumbers' brass goods;
valves; wire products except insulated
wire and nails.
Machinery, except electrical and IransportatiAn
equipment:
350 Engines and turbines, turbine gen-
erator set units.
351 Farm machinery and equipment.
362 Construction, mining, materials han-
dling machijiery and equinnient, ele-
vators, escalators, monorail systems.
353 Metalworklng machinery and equip-
ment, including dies and metal molds.
354 Special industry machinery.
355 General industry machinery and
equipment, ball bearings, industrial
patterns, dielectric heating units.
356 Oflice, computing, and accounting
machines, except photocopy equip-
ment.
Oode
367 Service Industry machines, automatic
merchandising, commercial cooking
and soda fountain equipment.
358 Other machinery, parts, machine
shops.
Electrical machinery and equipment:
361 Electrical transmission and distribu-
tion equipment, except wiring devices,
carljon and graphite products.
362 Electrical industrial apparatus, motors
and generntors, controls, welding, car-
bon and graphite products.
363 Household appliances, electrical, non-
electrical.
364 Electric lighting and wiring equip-
ment, except Insulated wire.
305 Radio and television receiving sets,
except commimication types; phono-
graphs, records, and parts.
366 Communication equipment, trans-
mitting, signaling apparatus.
367 Electronic components, and acces-
sories, electron tubes, except X-ray.
368 Other electrical machinery, equip-
ment, supplies, batteries. X-ray,
equipment for Internal combustion
engines.
Transportation equipment, except electrical and
motor vehicle equipment:
371 Aircraft, complete.
372 Aircraft parts, rocket motors
373 Ship and boat building, repairing.
374 Railroad equipment, streetcars.
379 Other transportation equipment,
motorcycles, bicycles, trailer coaches.
Motor vehicles and motor vehicle equipment,
except electrical equipment:
381 Motor vehicles, including bodies and
truck trailers.
384 Motor vehicle parts, accessories, ex-
cept tires, glass, trailer coaches.
Professional, scientific, and controlling instru-
ments; photographic and optical goods; watches,
clocks:
391 Engincerlngj scientific, measuring,
and controlling instruments.
393 Optical and medical Instriunents.
396 Photographic equipment and sup-
plies.
397 Watches, clocks, devices, and parts.
Other manufacturing industries:
401 Jewelry (precious metal), plated and
silverware, all-metal cutlery.
402 Costume jewelry, except precious
metal.
404 Toys, amusement, athletic goods.
408 Other manufacturing, linoleum,
except cork, soda fountain equipment,
industrial patterns, metal molds.
TRANSPORTATION. COMMUNICATION,
AND OTHER PUBLIC UTILITIES
Transportation:
411 Railroads, railway express.
412 Local and suburban passengbr trans-
portation.
413 Trucking and warehousing.
414 Other motor vehicle transportation,
including taxlcabs and intercity and
school busses.
415 Petroleum pipeline transportation.
416 Water transportation,
417 Air transportation.
418 Services, supplementary to transpor-
tation.
Communication:
421 Telephone (wire or radio).
422 Telegraph (wire and radio).
423 Radio and television broadcasting.
429 Other communication.
Electric and gas utilities:
431 Electric companies and systems.
432 Gas production and distribution,
except natural gas production.
441 Water supply and other public utilities.
WHOLESALE TRADE
Food and related products:
477 Meat and products, except canned
and frozen, or poultry and fish.
479 Othci food and related products.
Electrical goods, hardware, plumbing:
486 Electrical goods.
487 Hardware, plumbing and heating
equipment and supplies.
Other wholesalers:
491 Alcoholic beverages.
492 Dry goods and apparel.
493 Drugs, chemicals, paints.
Code
494 Lumber and construction materials.
495 Machinery, equipment, and supplier.
496 Motor vehicles and equipment.
497 Farm products— raw materlids.
498 Other wholesalers.
RETAIL TRADE
521 Food.
General merchandise:
531 Department stores.
532 Mall order houses; general, special.
533 Limited price variety stores.
539 Other general merchandise.
541 Apparel and accessories.
551 Furniture, home furnishings, appliancCr
radio, mosic stores.
Automotive dealers and service stations:
561 Automobiles and trucks.
563 Tires, batteries, accessories; aircraft
and other automotive dealers.
564 Service stations.
581 Eating and drinking places.
Building materials, hardware, farm:
591 Lumber and building materials.
595 Hardware and farm equipment.
Other retaO trade:
601 Drug stores.
602 Liquor stores.
607 Jewelry stores.
608 Other retail stores.
RNANCE, INSURANCE. AND REAL ESTATE
Banks and trust companies:
621 Banks and trust companies, except
mutual savings banks.
622 Mutual savings banks.
Credit agencies other than banks:
632 Savings and loan associations.
634 Personal credit agencies.
635 Business credit agencies.
638 Other credit institutions.
Holding and other investment companies:
641 Operating-holding companies (com-
panies which derived less than 90 per-
cent but more than 50 percent of" total
receipts" from investments).
642 Regulated Investment companies.
643 Small business investment companies,
1958 Act.
649 Other Investment and holding com-
panies (other companies which derived
90 percent or more of total receipts
from Investments).
651 Security and commodity brokers, dealers
exchanges, and services.
Insurance carriers:
661 Life insurance. •
662 Mutual, except life or marine, and ex-
cept mutual fire insurance companies
Issuing perpetual policies.
669 Other insurance carriers.
671 Insurance agents, brokers, and service.
Real estate:
681 Real estate owners and operators, in-
cluding lessors of buildings (excludes
developers of real property and lessors
of real property other than buildings).
683 Developers of real proi)erty, including
traders on own account.
684 Agents, brokers, managers, etc.
685 Title abstract companies.
689 Other real estate.
Leasors of roal property, except buildings:
692 Mining, oil, and simfiftr properties.
693 Railroad property.
699 Other real property except buildings.
SERVICES
701 Hotels, camps, ether lodging placea.
Personal services:
721 Laundries, cleaning and dyeing.
723 Photographic studios Including com-
mercial photography,
729 Other personal services.
Business services:
731 Advertising.
739 Other business services.
Automobile and other repav services:
751 Automobile repair services and garages.
759 Other repair services.
Motion pictures:
781 Motion picture production, distribu-
tion, and service Industries.
783 Motion picture theaters.
791 Amusement and recreation services except
motion pictures.
801 Other service organiiatiens. schools.
U.S. GOVERNMENT PRINTING OFFICE c69 16 — 7M12-1
FACSIMILES OF FORMS USED, 1959
175
FORM
1120-S
D. S. Treasury Deportment
Internal Revenue Service
Date of election as small
business corporation
Employer's identification
number
Total assets from line 14
Sch. L (See instruction N)
U. S. SMALL BUSINESS CORPORATION
RETURN OF INCOME
FOR CALENDAR YEAR 1959
or other taxable year beginning — _ _
and ending
1959.
19
PLEASE TYPE OR PRINT PLAINLY
Nan
Number and 8ti«et
City or town, postal zone number. State
1959
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
26.
27.
GROSS INCOME
Gross receipts _._ Less: Returns and allowances.
Less: Cost of goods sold (Schedule A) and/or operations (Schedule B)
Gross profit
Dividends
Interest (Schedule C)
Rents
V
Royalties
Gains and losses (from separate Schedule D (Form 1 120-S))
(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 (loss) from sale or exchange of property other than capital assets .
Other income (Attach schedule)
Total income, lines 3 to 9, inclusive
DEDUCTIONS
Compensation of officers
Salaries and wages (not deducted elsewhere)
Rents
V
V
Repairs (Do not include cost of improvements or capital expenditure)
Bad debts (Schedule F)
Interest
y^
Taxes (Schedule G)
Contributions or gifts paid (Schedule H)
Losses by fire, storm, shipwreck, or other casualty, or theft (Attach schedule) ,
Amortization (Attach schedule)
Depreciation (Schedule I)
Depletion of mines, oil and gas wells, timber, etc. (Attach schedule)
Advertising (Attach schedule)
Amounts contributed under:
(a) Pension, profit-sharing, stock bonus, annuity plans (Attach schedule)
(b) Other employee benefit plans (Attach schedule)
Other deductions (Schedule J)
Total deductions in lines 1 1 to 25, inclusive
Taxable income, line 10 less line 26
V
v..
SIGNATURE AND VERIFICATION (See Instruction F)
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.
(Date)
(Signature of officer)
(Title)
CORPORATE
SEAL
I declare under the penalties of perjury that I prepared this return for the taxpayer named herein; and that this return (including any accom-
panying 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 of which I have any knowledge.
(Date)
(Individual or firm signature)
(Address)
176
FACSIMILES OF FORMS USED, 1959
Page 2
Schedule A.— COST OF GOODS SOLD. (See Instruction 2)
(Where inventories are an income-determining iactor)
1. Inventory at beginning of year
2. Merchandise bought for manufacture or sale .
3. Salaries and wages
4. Other costs per books (Attach schedule) . . . .
5. Total
C. Less: Inventory at end of year
7. Cost of goods sold (Enter here and on line 2,
page 1)
V
Schedule B.— COST OF OPERATIONS
(Where inventories are not an income-determining Iactor)
1. Salaries and wages
2. Other costs (to be detailed);
(a)
(b)
(c)
(d)
(e)
3. Total (Enter here and on line 2, page 1) .
V
Schedule C— INTEREST (S«e Instruction 5)
1. Interest on loans, notes, mortgages, bonds, bank deposits, etc.
2. Interest on corporation bonds, etc.
Interest on obligations of the United States, etc
(a) Issued prior to March 1, 1941 — (1) United States savings bonds and
Treasury bonds owned in excess of the principal amount of $5,000, and
(2) obligations of an instrumentality of the United States
(b) Issued on or after March 1 , 1941, by the United States or any agency or
instrumentality thereof
Gross Amount o(
Interest
Less; Amortizable
Bond Premium
4.
Total interest — Enter here and on line 5, page i .
Schedule D. — Separate Schedule D (Form 1 120-S} should be used in reporting sales or exchanges of property and filed with this rahim
(See Imtruction 8)
Schedule F.— BAD DEBTS. (See Instruction 15)
Anount of Notes and Accounts Receivable
Outstanding at—
4. Taxable Income
Reported
5. Sales on Account
6. Bad Debts of Corpo-
ration if No Reserve Is
Carried on Books
If Corporation Carries a Reserve
I. Taxable year
7. Gross Amount Added
to Reserve
8. Amount Charged
Against Reserve
2. Beginning of Year
3. End of Year
1956
1957. . .
1958
1959
NOTE: Sf^curihes which are capital assets jnd which became worthless within the taxable year should be reported in sepxarate Schedule D {Form 1120-S)
Schedule G.— TAXES. (See Instruction 17)
Schedule H.— CONTRIBUTIONS OR GIFTS PAID
(See Instruction 18)
Explanation
Amount
Name and Address of Organization
Amount
Contributions carryover (See instructions)
Total contributions (Enter here and on line 18,
page 1 , subject to 5 percent limitation)
Total (Enter here and on line 1 7, page 1) .
V
/
Schedule I.— DEPRECIATION
. (See Instruction 21 and Summary on Page 3)
1. Kind of Property (if buildings, state material of which con-
structed). Exclude Land and Other Nondepreciable Property.
List Assets in Groups by Depreciation Methoi<
2. Date Acquired
3. Cost or Other
Basis
4. Depreciation
Allowed (or
allowable) in
Prior Years
5. Method of
Computing Depreciation
6. Rate (%) or Ufe
(years)
7. Depreciation
This Year
1. Total
3. Balance — Enter here and on line 21, pa
ge 1
FACSIMILES OF FORMS USED, 1959
177
Page 3
SUMMARY OF AMORTIZATION AND DEPRECIATION SCHEDUIiES
Part A.-OEPRECIATION
Part B.-AMORTIZATION
(Attach detailed schedule)
1. Straight line method
8. Emergency facilities
3. Sum of the years-digits method . . .
10.. Research or experimental expenditures
11. Exploration and development expenditures .
12. Organizational expenditures
13. Trademark and trade name expenditures . .
14. Total amortization claimed
5. Additional first-year depreciation (Sec. 1 79) .
6. Other methods
7- Total depreciation claimed
K
Schedule J.— OTHER DEDUCTIONS. (See General Instruction L and Specific Instruction 2S)
Total (Enter here and on line 25, page 1) . .
V
Schedule K.— SHAREHOLDER'S SHARE OF INCOME (See page 3 of the instructions)
Computation of Corporation's Undistributed Taxable Income
1. Taxable income (from line 27, page 1)
2. Less: Money distributed as dividends out of earnings and profits of the taxable year.
3. Corporation's undistributed taxable income
Schedule of Distribution and Income
I. Name and Address of Each Shareholder. (If return of shareholder is filed in another internal revenue district, specify district)
2. Stock Ownership
Number of
Shares
Period Held
From
To
(a)
(b)
(c)
(d)
(e)
Totals ::
X X x X X
X X X X
X
Continuation of Schedule of Distribution and Income
3. Percentage of
4. Compensation
5. Dividends
6. Share of Un-
distributed Taxable
Income or Net
Operating Loss
7. Share of Long-
Term Capital Gain
8. Dividends
Entitled to
Exclusions and
Credit
9. Amount Taxable
as Ordinary
Income
10. Nondividend Distributions
Time Devoted to
Business
Dates
Amounts
Dale
Amount
(a)
(b)
Cc)
fd)
(e)
Totals
X XX X X
X X X X X
X X X X X
ADDITIONAL INFORMATION REQUIRED
A. Date incorporated — —
B. Business group code number and principal business activities.
new codes on page 4 of instructions.)
(See
C. Did the corporation derive more than 80% of its gross receipts from
sources outside the United States? □ Yes □ No.
Did the corporation derive more than 20% of its gross receipts from
royalties, rents, dividends, interest, annuities, and sales or ex-
changes of stock or securities (gross receipts from sales or ex-
changes being taken into account for purposes of this question
only to the extent of gains therefrom) □ Yes □ No.
E.
Did the corporation during the taxable year, have any contracts or
subcontracts subject to the Renegotiation Act of 1951?
D Yes n 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 General Instruction I. $. -
Enter amount of income (deficit) from:
(a) line 32, page 3, Form 1120, 1956 $... -
(b) line 32, page 3, Form 1120, 1957 $
(c) line 27, page 1, Form 1120-S, or
line 32, page 3, Form 1120, 1958 $
178
FACSIMILES OF FORMS USED, 1959
Page 4
Schedule M.— RECONCILIATION OF TAXABLE INCOME
Schedule L.— BALANCE SHEETS (See Instructions)
ASSETS
Beginning of Taxable Year
End ol Taxable Year
Amount
Total
Amount
Total
1. Cash
V
2. Investments in governmental obligations:
(a) United States and its instrumentalities
(b) State, Territory, or a possession of the United States,
any political subdivision thereof, or the District of
Columbia
3. Notes and accounts receivable
V
V
(a) Less: Reserve for bad debts
4. Inventories: (a) Other than last-in, first-out
(b) Last-in, first-out
V
investments (Attach Schedule)
V
6. Mortgage and real estate loans
v
7. Loans to shareholders
y
8. Other investments (Attach schedule)
V
9. Buildings and other fixed depreciable assets
(a) Less: Accumulated amortization and depreciation
10. Depletable assets
V
(a) Less: Accumulated depletion
11. Land (net of any amortization)
V
V"
12. Intangible assets (amortizable only)
(a) Less: Accumulated amortization
V
13. Other assets (Attach schedule)
V
14. Total Assets
V
LIABILITIES AND CAPITAL
IS. Accounts payable
V
16. Bonds, notes, and mortgages payable (short-term) to:
(a) Banks
(b) Small business investment companies
V
(c) Shareholders
V
(d) Others
17. Other current liabilities
V
V
V
y/
V
18. Bonds, notes, and mortgages payable (long-term) to:
(a) Banks
(b) Small business investment companies
(c) Shareholders
(d) Others
19. Other liabilities (Attach schedule)
V
20. Capital stock
y
21. Paid-in or capital surplus
v^
22. Surplus reserves (Attach schedule)
V
23. Earned surplus and undivided profits accumulated
V
v
25. Total liabilities and capital ... 1
Income from books
Add: Nondeductible items.
Contributions in excess of 5% limitation
Insurance premiums paid on the life of any
officer or employee where the corporation is
directly or indirectly a beneficiary
Unallowable interest expense
Excess of capital losses over capital gains
Adjustment for tax purposes not recorded on
books (Attach schedule)
Other (Attach schedule)
Total.
10.
Total from line 8
Less: Nontaxable income and allowable de-
ductions not recorded on books.
Nontaxable interest on:
(a) Obligations of a Slate, Territory, or a pos-
session of the United States, or any politi-
cal subdivision of any of the foregoing, or
of the District of Columbia
(b) Obligations of the United States issued on
or before Sept. 1, 1917; all postal savings
bonds
11. Other nontaxable income (Attach schedule). .
12. Adjustment for tax purposes (Attach schedule)
13. Other (Attach schedule)
14. Total
15. Taxable income (Line 9 minus 14)
^ U. S. GOVERNMENT PRINTING OFFICE : 1959-0-51 3472
FACSIMILES OF FORMS USED, 1959
179
PAGE 1
Instructions for the 1959 Form lllOS
U. S. Small Business Corporation Keturn of Income
(References are to the Internal Revenue Code)
A. Corporations required to file Form 1120-S. — Every small busi-
ness corporation (as defined in section 1371 (a)) which has filed a
propwr and timely election under section 1372 (a) not to be subject to
the income tax imposed by chapter 1 must file Form 1120-S. See
Form 2553.
B. Consents of shareholders. — Consents of all shareholders are re-
quired to be attached to the election form notifying the District Direc-
tor of the election. However, where the election was made before the
first day of the taxable year, the consents of persons who became share-
holders after the date of election and on or before such first day must
be filed with the District Director with whom the election was filed as
soon as practicable after such first day and in no event later than the
last day prescribed for making the election. Copies of such latter
consents must be attached to the Form 1 1 20-S at the time the return
is filed.
New shareholders (any person who was not a shareholder on the
first day of the first taxable year for which the election is effective, or
on the day on which the election is made, whichever is later) must
consent to the election and such statement of consent must be filed
with the District Director with whom the election was filed within a
period of 30 days after they become shareholders or the election is
automatically terminated. Copies of such consents must also be
attached to the return.
C. Termination. — The election by the corporation is automatically
terminated ( 1 ) by the failure of a new shareholder to consent to such
election as explained in B above; (2) where it ceases to be a small
business corporation as defined in section 1371 (a) ; (3) where it
derives more than 80 percent of its gross receipts from sources outside
the U. S.; or (4) where it has gross receipts of which more than 20
percent is derived from royalties, rents, dividends, interest, annuities,
and sales or exchanges of stock or securities (gross receipts from sales
or exchanges being taken into account for this purpose only to the
extent of gains therefrom). Such termination is effective for the
taxable year in which anyone of the foregoing occurs and for all suc-
ceeding taxable years of the corporation.
The election may be revoked for any taxable year after the first
taxable year for which the election is effective. An election to revoke
may be made only if all persons who are shareholders on the day on
which the revocation is made consent to the revocation. The revo-
cation is effective ( 1 ) for the taxable year in which made, if made
before the close of the first month of the taxable year, or (2) for the
taxable year following the taxable year in which made, if made after
the close of the first month; and for all succeeding taxable years.
The revocation is to be made in the manner prescribed by regulations.
Where the small business corporation has elected under section
1372 (a) and the election has been terminated or revoked, the cor-
poration is not eligible to again elect under 1372 (a) for five years
unless the Secretary or his delegate consents to such an election.
D. Period to be covered by return. — The return shall be filed for
the calendar year 1959 or other taxable year beginning in 1959.
E. Time and place for filing. — The return must be filed on or before
the 15th day of the third month following the close of the taxable
year with the District Director of Internal Revenue for the district
in which the corporation's principal place of business or principal
office or agency is located. (Section 6072.)
F. Signature and verification. — The return must be signed either
by the president, vice president, treasurer, assistant treasurer or chief
accounting officer, or by any other corporate officer (such as tax
ofiScer) who is authorized to sign. A receiver, trustee, or assignee
must sign any return which he is required to file on behalf of a corpo-
ration. The statement at the bottom of page 1 of the return is re-
quired to be signed by any person, firm, or corporation who prepared
the taxpayer's return for compensation. If the return is prepared by
a firm or corporation, it should be signed in the name of the firm or
corporation. The statement is not required if the return is prepared
by a regular fulltime employee of the taxpayer.
G. Penalties. — Severe penalties are provided by law for willful
failure to make and file a return on time and for willful attempt to
evade or defeat payment of tax.
H. Accounting methods. — Taxable income shall be computed in
accordance with the method of accounting regularly used by the tax-
payer in maintaining its books and records. In all cases the method
adopted should clearly reflect taxable income. The basic methods
of accounting are the "cash receipts and disbursements method" and
the "accrual method." Section 446 permits the use of these methods
or any other method permitted under the Code or any combination
of these methods in accordance with regulations. If a taxpayer
engages in more than one trade or business, it may, with respect to
each trade or business, use a different method of accounting. Each
method must, however, clearly reflect the income of the particular
trade or business with which it is used, and separate profit and loss
statements for each trade or business must be submitted. Except in
those cases where the law specifically permits it, a taxpayer may not
change the method of accounting upon the basis of which it has
reported its income in prior years (for its income as a whole or with
respect to any separate trade or business) without first securing con-
sent. For procedure to be followed in securing consent, see your
District Director.
Rounding off to whole-dollar amounts. — If you wish, the money
items on your return or accompanying schedules required by such
return may be shown as whole-dollar amounts. This means that you
eliminate any amount less than 50 cents, and increase any amount
from 50 cents through 99 cents to the next highest dollar.
I. (1) Information at the source. — Every corporation making pay-
ments in the course of its trade or business of ( 1 ) interest, rents, com-
missions, or other fixed or determinable income of $600 or more
during the calendar year 1959 to an individual, a partnership, or a
fiduciary or ( 2 ) salaries or wages of $600 or more shall make returns
on Forms 1096 and 1099, except that the making of such returns will
not be required with respect to salary or wage payments included on
Form W-2, provided copies of withholding statements on Form W-2
are furnished. If a portion of such salary or wage payments was
reported on a Withholding Statement ( Form W-2 ) , only the remain-
der must be reported on Form 1099.
I. (2) Information regarding dissolution or liquidation. — Every
corporation shall, within 30 days after the adoption by the corpora-
tion of a resolution or plan for the dissolution of the corporation or
for the liquidation of the whole or any part of its capital stock, render
a correct return on Form 966 setting forth the terms of such resolu-
tion or plan.
Every corporation making distributions in liquidation of the whole
or any part of its capital stock shall also make returns on Forms 1096
and 1099L, as required by instructions on Form 1096, for the cal-
endar year 1959.
I. (3) Information regarding renegotiable contracts. — Every cor-
poration which held, during the taxable year, contracts or subcon-
tracts which were subject to the Renegotiation Act of 1951 shall, in
answer to question E, page 3, state the actual or, if not accurately
determinable, its best estimate of the aggregate gross dollar amount
billed during the current taxable year imder all contracts and/or
subcontracts.
J. Stock ownership in foreign corporations. — A corporation owning
any stock of a foreign corporation must attach a statement showing
the name and address of each company and the total number of
shares of each class of outstanding stock owned during the taxable
year. If the corporation owned 5 percent or more in value of the
outstanding stock of a foreign personal holding company, attach a
statement setting forth in complete detail the information required
by section 551 (d).
K. Balance sheets. — The balance sheets. Schedule L, should agree
with the books of account or any differences should be reconciled.
All corporations reporting to the Interstate Commerce Commission
or to any national. State, municipal, or other public offices, may
submit, in lieu of Schedule L, copies of their balance sheets prescribed
by such authorities as at the beginning and end of the taxable year.
Line 1 1, Schedule L, should show land less any accumulated amor-
tization of the land as an emergency facility under the authority of
sections 124 and 124A of the Internal Revenue Code of 1939 or
section 168 of the Internal Revenue Code of 1954.
L. Net operating loss and other deductions. — The deduction for net
operating losses provided by section 172 and the Special Deductions
provided in Part VIII (except section 248) of subchapter B, shall not
be allowed to an electing small business corporation. (Section
1373 (d).)
M. Attachments may be used in the preparation of your return and
supplemental schedules, provided they contain all of the required
information and that summarized totals of the items shown in the
attachments are entered on the return and schedules.
N. Total assets. — Enter the total assets as of the end of the taxable
year as shown on line 14, Schedule L. In the event there are no
assets at the end of the year, show total assets at the beginning of
the year.
INSTRUCTIONS 1120-S (1959)
180
FACSIMILES OF FORMS USED, 1959
PAGE 2
INSTRUCTIONS 1120-S (1959)
SPECIFIC INSTRUCTIONS
{Numbered to correspond with line numbers on page I of return)
1. Gross receipts. — Include all income derived from your trade or
business. Enter in the space provided such items as returned sales,
rebates, allowances from the sale price or service charge.
2. Cost of goods sold. — If the production, manufacture, purchase,
or sale of merchandise is an income-determining factor in the trade
or business, inventories of merchandise on hand should be taken at
the beginning and end of the taxable year, and may be valued at
cost, or at cost or market, whichever is lower, or by any other permis-
sible method.
An inventory method once properly adopted is controlling until
permission to change is obtained from the Commissioner. Applica-
tion for permission to change an inventory method shall be made in
writing and filed with the Commissioner within 90 days after the
beginning of the taxable year in which it is desired to effect a change.
In case the inventories reported do not agree with the balance sheet,
attach a statement explaining the difference.
A corporation electing to use the last-in, first-out method of val-
uing inventory provided for in section 472 must file Form 970 with
the return for the first year of the election. Thereafter, attach sepa-
rate schedule showing: (1) a summary of all inventories; (2) with
respect to any inventories computed under section 472, the computa-
tion of the quantities and cost by acquisition levels.
5. Interest. — Enter the total interest from Schedule C. For pro-
visions relating to amortizable bond premium, see section 171. .
Non-interest-bearing obligations issued at a discount. — Taxpayers
on the cash basis may elect, as to all non-intcrest-bearing obligations
issued at a discount and redeemable for fixed amounts increasing at
stated intervals (for example. United States Savings Bonds), to
include the increase in redemption price applicable to the current
year. For the year of election the total increase in redemption price
of such obligations occurring between the date of acquisition and the
end of the year must be included. Attach statement listing obliga-
tions owned and computation of the increase. (Section 454.)
6. Rents. — Enter the gross amount received for the rent of property.
Any expenses, including repairs, interest, taxes, and depreciation
should be included in the proper lines for deductions. In the case
of a lease entered into prior to January 1, 1954, if both lessor and
lessee are corporations and if under the lease the lessee is obligated
to pay any part of the lessor's income tax on the rental payment, this
tax is excluded from lessor's gross income and may not be deducted
by lessee. (Section 110.)
7. Royalties. — Enter the gross artiount received as royalties. If a
deduction is claimed for depletion, it must be reported on line 31.
8. Gains and losses from sales or exchanges of capital assets and
other property. — The computation of gains and losses from sales or
exchanges of capital assets and property other than capital assets
should be made on separate Schedule D. Every sale or exchange of
property, even though no gain or loss is indicated, must be reported
in detail.
9. Other income. — Enter total amount of other income not reported
elsewhere in the return and attach schedule showing details, if spaces
provided are not sufficient.
13- Rents. — Enter rent paid or accrued for business property in
which the corporation has no equity. With respect to leases entered
into prior to January 1, 1954, see instruction No. 6.
14. Repairs. — Enter the cost of incidental repairs, including labor,
supplies, and other items, which do not add to the value or apprecia-
bly prolong the life of the property. Expenditures for new buildings,
machinery, equipment, or for permanent improvements or better-
ments which increase the value of the property are chargeable to
capital account.
15. Bad debts. — Bad debts may be treated in either of two ways —
( 1 ) by a deduction from income in respect of debts which become
worthless in whole or in part, or (2) by a deduction from income of
a reasonable addition to a reserve for bad debts. (Section 166.) No
change of method is allowed without permission of the Commissioner.
16. Interest. — Enter interest paid or accrued on business indebted-
ness. Do not include in line 16 interest on indebtedness incurred
or continued to purchase or carry obligations (other than obligations
of the United States issued after September 24, 1917, and originally
subscribed for by the taxpayer) the interest on which is wholly exempt
from income tax. (Section 265.)
See section 267 for limitation on deductions for unpaid expenses
and interest in the case of transactions between related taxpayers.
17. Taxes. — Enter taxes paid or accrued during the taxable year.
Do not include Federal income, war-profits, and excess-profits taxes;
estate, inheritance, legacy, succession, and gift taxes; Federal taxes
paid on bonds containing a tax-free covenant, nor taxes not imposed
upon the taxpayer. See section 164 (d) regarding apportionment
of taxes on real property between seller and purchaser.
18. Contributions or gifts paid. — Enter contributions or gifts actu-
ally paid within the taxable year to or for the use of organizations and
governmental bodies as set forth in 170 (c).
In the case of a corporation on the accrual basis, any contribution
or gift will, at the election of the taxpayer, made at the time the
return is filed, be considered as paid during the taxable year ^f pay-
ment is actually made on or before the fifteenth day of the third
month following the close of the taxable year, and if the contribution
or gift has during the taxable year been authorized by the board of
directors of the corporation. A copy of such authorization must be
attached to the return.
Any contributions paid during the taxable year in excess of the
amount deductible may be carried over and deducted in the two
succeeding taxable years subject to the 5-percent limitation provided
in section 170 (b) (2).
19. Losses by fire, storm, shipwreck, or other casualty, or theft. —
Enter losses sustained during the year, arising from fire, storm, ship-
wreck, or other casualty. For determination of the amount deducti-
ble, see section 165 (b) and the regulations thereunder. Theft losses
are deductible only in the year in which discovered.
20. Amortization. — If a deduction is claimed on account of amorti-
zation, attach a detailed statement. The law makes special provisions
for amortization of the following kinds of assets and expenditures:
(a) Emergency facilities — Section 168;
(b) Grain storage facilities — Section 169;
(c) Research and experimental expenditures — Section 174;
(d) Exploration expenditures — Section 615;
(e) Development expenditures — Section 616;
(f) Organizational expenses — Section 248'; and
(g) Trademark and tradename expenditures — Section 177.
For details concerning the information which must be furnished in the
statements of election required by these sections, consult your District
Director.
21. Depreciation. — If a deduction is claimed on account of depre-
ciation, fill in Schedule I. A reasonable allowance for the exhaustion,
wear and tear, and obsolescence of property used in the trade or
business or of property held by the taxpa>er for the production of
income shall be allowed as a depreciation deduction. (Section 167.)
The allowance docs not apply to inventories or stock-in-trade nor
to land apart from the improvements or physical developments added
to it. Depreciation on leasehold improvements, patents, and copy-
rights shall be included in Schedule I.
The useful life of an asset can be measured in units of production,
etc., but the ordinary practice is to measure useful life in years.
Business experience, engineering information, and other relevant
factors provide a reasonable basis for estimating the useful life of
property to the taxpayer. The cost (or other basis) to be recovered
should be charged off over the expected useful life of the property.
For guidance, comprehensive tables of "average useful lives" of vari-
ous kinds of buildings, machines, and equipment in many industries
and businesses have been published in a booklet called Bulletin F,
which may be purchased for 30 cents from the Superintendent of
Documents, Government Printing Office, Washington 25, D. C.
(a) Special rules for new assets acquired after December 31 j
1953. — The cost or other basis of an asset acquired after December
31, 1953, may be depreciated under methods proper in the past; or,
it may be depreciated under any of the following methods provided
(1) that the asset is tangible, (2) that it has an estimated useful life
of three years or more, and (3) that the original use of the asset com-
menced with the taxpayer and commenced after December 31, 1953.
If an asset is constructed, reconstructed, or erected by the taxpayer,
so much of the basis of the asset as is attributable to construction,
reconstruction, or erection after December 31, 1953, may be depre-
ciated under methods proper in the past; or, it may be depreciated
under any of the following methods provided that the asset meets
qualifications (1) and (2) above.
1. Declining balance method, using a rate not in excess of twice
the applicable straight line method,
2. The sum of the years-digit method, and
3. Any other consistent method which does not result in accumu-
lated allowances at the end of any >'ear greater than the total
of the accumulated allowances which would have resulted from
the use of the declining balance method. This limitation ap-
plies only during the first two-thirds of the useful life of the
property.
(b) Section 179 — Additional first-year depreciation allowance. —
Corporations may elect to write off in the year of acquisition 20 per-
cent of the cost of tangible personal property having an aggregate
value of not more than $10,000. This additional first-year depreci-
ation is allowed in full for the first taxable year for which a deduction
is allowable under section 167, regardless of the date of acquisition.
The cost of property does not include so much of the basis of such
property as is determined by reference to the basis of other property
FACSIMILES OF FORMS USED, 1959
181
INSTRUCTIONS 1120-S (1959)
held at any time by the person acquiring such property. This addi-
tional depreciation is limited to property acquired after December 31,
1957, with a remaining useful life of 6 years or more. Further, for this
allowance to apply in any case, the basis of the property must not be
determined in whole or in part by reference to the transferor's basis.
Depreciation on the remaining cost of the property may be taken
under any of the methods indicated above. The additional first-year
depreciation of an asset should be shown on a separate line of the
depreciation schedule rather than included on the line used to show
the regular depreciation of the asset.
22. Depletion of mines, oil and gas wells, timber, etc. — If a deduc-
tion is claimed on account of depletion, procure from the District
Director: Form M (mines and other natural deposits), Form O (oil
and gas), or Form T (timber), fill in and file with return. If com-
plete valuation data have been filed with questionnaire in previous
years, then file with your return information necessary to bring your
depletion schedule up to date, setting forth in full statement of all
transactions bearing on deductions from or additions to value of physi-
cal assets during the taxable year with explanation of how depletion
deduction for the taxable year has been determined. (Sections 611,
612, and 613.) Expenditures to be deferred and deducted ratably
under the election provided in sections 616 (b), relating to certain
expenditures in the development of mines, and 615 (b), relating to
deductions for mine exploration, are not to be taken into account in
determining the adjusted basis for property for the purpose of com-
puting a deduction for depletion under section 611.
23. Advertising. — Enter on line 23 the total amount paid or in-
curred during the year for advertising. Expenditures for advertising,
to be deductible, must be ordinary and necessary and bear a reason-
able relation to the business activities in which the corporation is
engaged.
24. (a) Pension, profit-sharing, stock bonus, annuity plans. —
Enter on line 24 (a) the total amount deductible under section 404.
A corporation claiming a deduction under section 404 must submit
with its return, in addition to the information specified in the regu-
lations concerning such deduction, a statement with respect to each
plan showing the type of plan, i. e., pension, profit-sharing, stock
bonus, annuity, or other plan deferring the receipt of compensation,
whether or not the plan is qualified under section 401 (a), and if
trusteed, whether or not the trust is exempt under section 501 (a),
and the method of funding, i. e., individual annuity or insurance
contracts, group annuity contract, group permanent contract, or self-
insured trust. If not funded, so indicate. Contributions paid by
an employer to or under a pension, profit-sharing, stock bonus,
annuity plan or compensation paid or accrued on account of any
employee under a plan deferring the receipt of such compensation,
are deductible only under section 404, and are not deductible under
section 162.
24. (b) Other employee benefit plans. — Enter on line 24 (b) de-
ductions for contributions to employee benefit plans (other than those
claimed on line 24 (a) ), such as insurance, health, or welfare plans.
Submit with the return a schedule for each plan showing (1) the
nature of benefits, i. e., group term life insurance, group permanent
life insurance, noninsured death benefit, hospitalization, surgical,
medical, sickness, accident, major medical expense, unemployment
benefit, or other welfare benefits; (2) method of financing, i.e., in-
sured, industry or areawide fund, self-insured fund, or direct benefit
payments; (3) the amount of deduction; (4) the amount of employee
contributions; (5) the number of employees covered; and (6) if a
self-insured plan, the amount of benefits pjiid during the taxable year.
Also show the number of employees employed by the corporation.
25. Other deductions authorized by law. — Enter on line 25 any
other authorized deductions for which no space is provided on the
return. (See General Instruction L.) Any deduction claimed Should
be explained in Schedule J.
No deduction is allowable for the amount of any item or part
thereof allocable to a class of exempt income other than interest.
For non-allowance of interest on indebtedness incurred or continued
to purchase or carry , tax-exempt securities, see instruction 16. Items
directly attributable to wholly exempt income shall be allocated there-
to, and items directly attributable to any class of taxable income shall
be allocated to such taxable income. If an item is indirectly, at-
tributable both to taxable income and exempt income, a reasonable
proportion thereof, determined in the light of all the facts and cir-
cumstances in each case, shall be allocated to each. A taxpayer
receiving any such exempt income, or holding any property or en-
gaging in any activity the income from which is exempt shall submit
with its return as a part thereof an itemized statement, in detail, show-
ing ( I ) the amount of each class of exempt income, and ( 2 ) the
amount of expense items allocated to each such class (the amount
allocated by apportionment being shown separately ) .
PAGE 3
Schedule K. Shareholders Share of Income.— The schedule of
Distribution and Income should show complete information with
respect to all the persons who were shareholders of the corporation
during any portion of the taxable year. Under the tax treatment
provided by Subchapter S, shareholders generally are taxable upon
their distributive shares of the current taxable income of the cor-
poration, whether or not actually distributed. Since each share-
holder IS required to include his share in his individual return he
should be furnished the information applicable to him.
Column /.—Enter the name and address of each shareholder
Where return of shareholder is filed in an internal revenue district
other than that which this return is filed, specify district.
Colurnn 2.— Enter the number of shares of stock owned by each
shareholder. If the number of shares owned by a shareholder
changed during the year, show separately the ntimber of shares held
tor each period.
Column 3.— Enter the percentage of time devoted to the business
by each shareholder.
Column 4. — Enter salary and other payments to each shareholder
tor services rendered.
Column 5.— Enter for each shareholder the date and amount of
each dividend distribution made in money or property, durine the
taxable year. «- " a
Column 6.— Enter for each shareholder who was a shareholder on
the last day of the corporation's taxable year, his portion of the cor-
poration's undistributed taxable income. A shareholder's portion of
the undistributed taxable income is the amount which he would have
received as a dividend if such income had been distributed pro rata
A° 'j^^.5*>^''<=*'°'t'<:rs on the last day of the corporation's taxable year.
A dividend distribution of property other than money may cause
line 3 to exceed the total of column 6.
In the case of a net operating loss for the taxable year, enter in this
column for each shareholder who was a shareholder at any time dur-
ing the corporation's taxable year his pro rata share of the loss. For
treatment of, determination of, and limitation on a shareholder's pro
rata share of such loss, see section 13 74 and the regulations thereunder.
Column 7. — Enter for each shareholder his pro rata share of the
corporation's excess of net long-term capital gain over net short-term
capital loss (line 8b, page 1). Each shareholder is entitled to treat
as long-term capital gain a portion of the sum of the dividends he
received plus his share of the constructive dividends derived from the
undistributed taxable income. A shareholder's portion is determined
by applying to such excess the same ratio that the amount of his
dividends (actual or constructive) which are out of. earnings and
profits of the current year bears to the total dividends (actual or con-
structive) includible by all shareholders from the same source. In
making the allocation, the excess of -net long-term capital gadn over
short-term capital loss can not exceed taxable income (line 27, page
1 ) . The amount entered here should be reported on Schedule D of
his individual income tax return as a long-term Capital gain from
an "electing small business corporation."
Column 8. — Enter in this column for each shareholder the amount
of money or property includible in the income of the shareholder as
dividends from the small business corporation which are entitled to the
dividends received exclusion provided in section 116 and the credit
provided by section 34. Of the amounts includible in the gross income
of a shareholder as dividends from an electing small business corpora-
tion, only those which are not considered to be out of the earnings and
profits of the taxable year are entitled to the dividends received ex-
clusion and credit. For purposes of this rule the earnings and profits
of the taxable year are deemed not to exceed the taxable income for
the year. The dividends entitled to the exclusion and credit would
include, for example, dividends paid out of accumulated earnings
and profits and from interest on tax exempt securities. The amounts
shown in this column should be entered by the shareholders in Sched-
ule A of their individual income tax returns, Forms 1040.
Column 9. — Enter in this column for each shareholder the sum
of the dividends actually distributed (column 5) and the constructive
dividends derived from undistributed taxable income (column 6), less
the sum of the amount treated as long-term capital gain (column 7)
and the amount of dividends entitled to the dividends received ex-
clusion and credit (column 8). The amounts shown in this column
should be entered by the shareholders as ordinary income in Schedule
H of their individual income tax returns. Forms 1040.
Column 10. — Enter in this column for each shareholder the date and
the amount of each distribution of money and property not out of
earnings and profits. For taxable years after the first taxable year to
which the election applies, include any distribution of accumulated
undistributed taxable income. See section 1375 (d).
1. A net operating loss for any taxable year shall be allowed as a
deduction from gross income of the shareholders in the manner and
to the extent set forth in section 1374.
2. For treatment of family groups, see section 1375 (c).
GENERAL INFORMATION
3. For the adjustment to basis of stock of, and indebtedness owing
to, shareholders, see section 1376.
4. For special rules applying to earnings and profits, see section
1377.
182
FACSIMILES OF FORMS USED, 1959
PAGE 4 PRINCIPAL BUSINESS ACTIVITY INSTRUCTIONS 1120-S (1959)
In reporting the "Principal business activity," on page 3 give the one business activity that accounts for the largest percenUge
of total receipts. *;Total receipts" means gross receipts (line 1, page 1, plus all other income lines 3 through 9, page 1) State
the broad field of business activity as ^ or service, such as "Mining copper," "Manufacturing cotton
broad *oven fabric. Wholesale food, or Retail apparel." Where receipts are derived from two or more of the detaUed industry
groups listed below, show only one which is the major source of receipts. Use the appropriate group under the headine "FI-
NANCE" if over 50 percent of "total receipts" consists of investment income.
Enter the "business group code number" on page 3, under B of the Additional Information Required, from the following list
Give the code for the specific industry group from which the largest percentage of "total receipts" is derived.
AGRICULTURE. FORESTRY, AND
nSHERY
Code
Oil Agriculture, (orestry. and (uberj.
MINING AND QUARRYING
MeUl mininf:
101 Iron ores.
102 Copper, lead, zinc, gold, sliver ores.
109 Other metal mining.
121 Biluminout coal and lifnite mining.
Crude petroleum and natural ga«:
131 Crude petroieum, natural gas, and
natural gas liquids.
138 Oil- and gas-fleld services.
Nonmetallic mineral and anthracite mininK:
141 Stone, sand, gravel.
149 Other nonmetallic minerals, except
fuels. Including anthracite.
CONSTRUCTION
151 General contractors: buildings.
152 General contractors: other.
156 Special trade contractors.
MANUFACTURING
BcTeragei:
191 Soft drinks, carbonated waters, and
flavoring extracts and sirups.
192 Malt liquors and malt.
194 Wines, brandy, and brandy spirits.
195 Distilled, rectified, blended liquors.
Food and kindred products:
200 Meat products.
201 Dairy products. Including combined
processing and distribution of milk.
202 Canning, preserving, and freezing
fruits, vegetables, and seafoods.
203 Grain-mill products, cereal prepara-
tions, wet corn milling, starch.
204 Bakery products, including produc-
tion for retail, except on premises.
205 Sugar, cane and beet.
206 Confectionery, related products.
207 Vegetable and animal oils and fats,
except fatty acids.
208 Other food preparations and kindred
products, Including manufactured Ice
and sweetening sirupp.
211 Tobacco manufacturer!.
Textile mill producti:
220 Yarn and thread mills, including
carpet and rug yam.
221 Broad woven fabric mills, cotton.
222 Broad woven fabric mills, man-made
. fiber and silk.
223 Broad woven fabric mills, wool:
including dyeing and finishing.
224 Narrow fabrics and other small-wares
mills: cotton, wool, silk, and man-
made fiber.
225 Knitting mills and converters.
226 Dyeing and finishing textiles, except
wool fabrics and knit goods.
227 Floor covering mills, except hard
surface floor coverings.
228 Other textile goods, including wool
scouring and combing, tow to top
mills, tire cord and fabrics.
Apparel, finished producti made from fabrict,
•itnilar matcriali; convertert:
231 Men's and boys' clothing, except fur,
rubber, and leather.
233 Women's clothing, and children's and
Infants' wear, except fur, rubber, and
leather.
237 Other apparel and accessories, hats,
caps, millinery, fur goods, raincoats,
belts, leather garments.
238 Other fabricated textile products.
Including housefumlshlngs, textile
bags, canvas products, stitching, and
apparel findings.
Lumber and wood products, except furniture:
241 Logging camps, logging contractors,
sawmills, and planing mills.
243 Millwork, veneer, plywood, prefabri-
cated structural wood products.
249 Other wood products, wooden con-
tainers, cork, wood preserving.
Fwnilure and fixtures, wood or metal:
251 Household furniture.
259 Other furniture, office and store
fixtures, Venetian blinds, shades,
except scientific and medical furniture.
Paper and allied products:
261 Pulp mills.
362 Paper, paper board, and building
pai>er and building board mills.
Code
265 Paperboard containers and boxes,
paper cups, sanitary food containers.
269 Converted paper and paperboard
products, paper bags.
Printing, publuhing, and allied indaslries:
271 Newspapers.
272 Periodicals, including comic books.
273 Books.
275 Commercial printing, manifold busi-
ness forms, greeting cards.
278 Other publishing, bookbinding, and
service Industries for the printing
trade.
Chemicals and allied products:
280 Industrial inorganic and organic chem-
icals, including gases, pigments.
281 Plastics materials and synthetic
renins, rubber, and man-made fibers,
except glass.
282 Drugs and medicines, vitamins.
283 Soap, detergents, and cleaning prepa-
rations, surface active agents, sul-
fonated oils and assistants.
284 Paints, varnishes, lacquers, enamels,
putty, except color pigments.
285 Perfumes, cosmetics, and other toilet
preparations.
286 Agricultural chemicals.
288 Other chemicals. Including gum and
wood, fatty acids, and explosives.
Petroleum refining and related industries:
291 Petroleum refining.
299 Other petroleum and coal products,
except coke and byproducts.
Rubber and plastics products:
301 Tires and Inner tubes, camelback.
306 Other rubber products, fabrics.
307 Plastics products, except plastics
materials.
Leather and leather products; conferters:
314 Footwear, except rubber.
319 Other leather goods, patent leather,
glove.s; leather tanning, finishing.
Stone, clay, and glass products:
321 Glass and glass products.
324 Cement, hydraulic.
325 Structural clay products.
326 Pottery and related products.
327 Concrete, gypsum, and plaster prod-
ucts, lime, and ready-mixed concrete.
329 Other nonmetallic mineral products,
abrasive, asbestos, mineral wool; cut
stone and stone products.
Primary metal industries:
331 Blast furnaces, steel works, rolling and
finishing mills, coke ovens; steel wire,
nails, spikes, pipe, cold rolled sheet,
bars.
332 Iron and steel foundries.
333 Primary and secondary smelting, re-
fining, rolling, drawing, alloying of
nonferrous metals, alloys, wire.
336 Nonferrous foundries,
338 Other primary metal industries, forg-
ings, nonferrous nails, spikes.
Fabricated metal products, except machinery,
and transportation equq>ment:
340 Metal cans.
341 Cutlery, hand tools, general hardware,
except all-metal cutlery.
342 Heating apparatus, except electric and
plumbing fixtures.
343 Fabricated structural metal products,
boiler shops, heat exchangers, metal
doors, windows, screens.
344 Screw machine products, bolts, nuts.
345 Metaf stampings.
346 Metal coating, engraving, services.
347 Ordnance and accessories.
348 Other fabricated metal products; pipe,
fittings, except plumbers* brass goods;
valves; wire products except insulated
wire and nails.
Machinery, except electrical and transportation
equipment:
350 Engines and turbines, turbine gen-
erator set units.
351 Farm machinery and equipment.
352 Construction, mining, materials han-
dling machinery and equipment, ele-
vators, escalators, monorail systems.
353 Metalworking machinery and equip-
ment. Including dies and metal molds.
354 Special Industry machinery.
355 General Industry machinery and
equipment, ball bearings, Industrial
patterns, dielectric heating units.
356 OSice, computing, and accounting
machines, except photocopy equip-
ment.
357 Service Industry machines, automatic
merchandising, commercial cooking
and soda fountain equipment.
358 Other machinery, parts, machine
shops.
Electrical machinery and equipment:
361 Electrical transmission and distribu-
tion equipment, except wiring devices,
carbon and graphite products.
362 Electrical Industrial apparatus, motors
and generators, controls, weldkig, car-
bon and graphite products.
363 Household appliances, electrical, non-
electrical.
364 Electric lighting and wiring equip-
ment, except insulated wire.
365 Radio and television receiving sets,
except communication types; phono-
grapns, records, and parts.
366 Communication equFpment, trans-
mitting, signaling apparatus.
367 Electronic components, and acces-
sories, electron tubes, except X-ray.
368 Other electrical machinery, equip-
ment, supplies, batteries, X^ray,
equipment for internal combustion
engines.
Transportation equipment, except electrical and
motor vehicle equipment:
371 Aircraft, complete.
372 Aircraft parts, rocket motors.
373 Ship and boat building, repairing.
374 Railroad equipment, streetcars.
379 Other transportation equipment,
motorcycles, bicycles, trailer coaches.
Motor Tchicles and motor vehicle equipment,
except electrical equipment:
381 Motor vehicles. Including bodies and
truck trailers.
384 Motor vehicle parts, acces.sorles, ex-
cept tires, glass, trailer coaches.
Professional, scientific, and controlling instru>
ments; photographic and optical goods; watches,
clocks:
391 Engineering, scientific, measuring,
and controlling Instruments.
393 Optical and medical Instruments.
396 Photographic equipment and sup-
plies.
397 Watches, clocks, devices, and parts.
Other manufacturing industries:
401 Jewelry (precious metal), plated and
silverware, all-metal cutlery'.
402 Costume jewelry, except precious
metal.
404 Toys, amusement, athletic goods.
408 Other manufacturing, linoleum,
except cork, soda fountain equipment.
Industrial patterns, metal molds.
TRANSPORTATION. COMMUNICATION.
AND OTHER PUBLIC UTIUTIES
Transportation:
411 Railroads, railway express.
412 Local and suburban passenger trans-
portation, o
413 Trucking and warehousing.
414 Other motor vehicle transportation.
Including taxlcabs and Intercity and
school busses.
415 Petroleum pipeline transportation.
41fi,Water transportation.
417 Air transportation.
418 Services, supplementary to transpor-
tation.
Communication:
421 Telephone' (wire or radio).
422 Telegraph (wire and radio).'
423 Radio and television broadcasting.
429 Other communication.
Electric and gas utilities:
431 Electric companies and systems.
432 Gas production and distribution,
except natural gas production.
441 Water supply and other public utilities.
WHOLESALE TRADE
Food and related products:
477 Meat and products, except canned
and frozen, or poultry and fish.
479 Other food and related products.
Electrical goo<ts. hardware, plumbing:
486 Electrical goods.
487 Hardware, plumbing and beating
equipment and supplies.
Other wholesalers:
491 Alcoholic beverages.
492 Dry goods and apparel.
493 Drugs, chemicals, paints.
Code
494 Ltunber and construction materials.
495 Machinery, equipment, and supplies.
496 Motor vehicles and equipment.
497 Farm products— raw materials.
498 Other wholesalers.
RETAIL TRADE
S21 Food.
General merchandise:
531 Department stores.
532 Mall order houses; general, special.
533 Limited price variety stores.
539 Other general merchandise.
S41 Apparel and accessories.
551 Furniture, home furnishings, appliance.
radio, music stores.
Automotive dealers and service statiooa:
561 Automobiles and trucks.
563 Tires, batteries, accessories; aircraft
and other automotive dealers.
564 Service stations.
581 Eating and drinking places.
Building materials, hardware, (arm:
591 Lumber and building materials.
595 Hardware and farm equipment.
Other retail trade:
601 Drug stores.
602 Liquor stores.
607 Jewelry stores.
608 Other retail stores.
nNANCE. INSURANCE, AND REAL ESTATE
Banks and trust companies:
621 Banks and trust companies, except
mutual savings banks.
622 Mutual savings banks.
Credit agencies other than banks:
632 Savings and loan associations.
634 Personal credit agencies.
635 Business credit agencies.
638 Other credit Institutions.
Holding and other inTestmenI companies:
641 Operating-holding companies (com-
panies which derived less than 90 per-
cent but more than 50 percent of ''total
receipts" from Investments).
642 Regulated Investment companies.
643 Small business investment companies,
1958 Act.
649 Other Investment and holding com-
panies (other companies which derived
90 percent or more of total receipts
from investments).
651 Security and commodity brokers, dealers
exchanges, and services.
Insurance carriers:
661 Life insurance.
662 Mutual, except life or marine, and ex-
cept mutual fire Insurance companies
issuing perpetual poHclas.
669 Other insurance carriers.
671 Insurance agents, brokers, and service.
Real estate:
681 Real estate owners and operators, In-
cluding lessors of buildings (excludes
developers of real property and lessors
of real property other than buildings).
683 Developers of real property, including
traders on own account.
684 Agents, brokers, managers, etc.
685 Title abstract companies.
689 Other real estate.
Lessors of real property, except buildings:
692 Mining, oil, and similar properties.
693 Railroad property.
699 Other real property except buildings.
SERVICES
701 Hotels, camps, other lodging places.
Personal services:
721 Laundries, cleaning and dyeing.
723 Photographic studios including com-
mercial photography.
729 Other personal services.
Business services:
731 Advertising.
739 Other business services.
Automobile and other repair services:
751 Automobile repair services and garages.
759 Other repair services.
Motion pictures:
781 Motion picture production, distribu-
tion, and service Industries.
783 Motion picture theaters.
791 Amusement and recreation services except
motion pictures.
SOI Other service organixalions, scbooU.
U. S. GOVERNMENT PRINTING OFFICE : 1962 O - 654367
L'tilii J0S2
DOES NOT CIRCULATE
s
TATISTICS OF INCOME
Publications in Preparation
LiOrpOratiOn income Tax Returns with accounting periods ended July 1959-June 1960
Incx>me statement and balance sheet information, net income, income subject to tax, income tax liability,
and disthbutions to stockholders. Classifications by industry, size of total assets, business receipts, and
net income, year of incorporation, type of tax, month accounting period ended. Internal Revenue districts
and regions in which returns were filed, and selected ratios. Separate data for returns with net income,
returns of small business corporations taxed through shareholders, consolidated returns, returns with for-
eign tax credit, and Western Hemisphere trade corporation returns. Historical Summary, 1950-51 through
1959-60. (Summer 196?)
U.O. DUSlIlcSS Tax Returns with accounting periods ended July 1960-June 1961, Prelitninery
SOLE PROPRIETORSHIPS, PARTNERSHIPS, AND CORPORATIONS
Number, receipts, profits, depreciation and inventory. Classifications by industry, size of profit, size of
business receipts, and size of total assets. (December 1962)
Individual
Income Tax Returns (or 1960
Sources of income, adjusted gross income, exemptions, itemized deductions, income tax, self-employment
tax, and tax credits, by adjusted gross income classes. Selected sources of income, itemized deductions
and total deductions by their respective size. Data on sick pay excluded from salaries, total dividends,
and dividend exclusion. Income and taxes reported on Forms 1040A and lO'lOW. Information from returns of
taxpayers age 65 and over. Sources of income by States, Adjusted gross income, exemptions, and income
tax by size of adjusted gross income for each State. Historical data 1951 through 1960. (October 1962)
Fiduciary, Gift, and Estate Tax Retams hied dunng 1961
FIDUCIARY INCOME TAX RETURNS FOR 1960: Sources of income, deducUons, exemptions, income tax
liability, tax credits, tax payments. Classifications by trusts (bank-administered and nonbank-adminis-
tered), and estate, size of total income and taxable income, tax status, types of tax, and States, Histori-
cal Summary 1951 through 1960. (December 1962)
GIFT TAX RETURNS: Total gifts, exclusions, deductions, specific exemption, and tax liability. Classi-
fications by type of gifts, size of taxable gift and total gift, tax status, recurrent donors, consent status,
and States, (December 1962)
ESTATE TAX RETURNS; Gross estate, deductions, specific exemption, tax liability, tax credits, out-of-
state real estate, stocks and bonds of unlisted out-of-state corporations, life insurance, and annuities.
Classifications by type of property, tax status, size of gross estate and net estate before exemption,
method of estate valuation, and States, Historical Summary 1951 through 1960, (December 1962)
Recent Publications
Corporation Income Tax Returns with accourting periods ended July 1959-June 1960, Preliminary
(32pp„ 30*)
U. S. Business Tax Returns with accounting periods ended July 1959-June 1960, Preliminary (39 pp,, 30<)
Individual Income Tax Returns lor 1960, Preliminary (22 pp,, 30*)
Fiduciary, Gift and Estate Tax Returns filed during 1959 (116 pp,, 70*)
Statistics of Income publications ore for sale by the Superintendent of Documents,
U. S. Government Printing Office, Washington 25, D. C.
Live Music Archive
Librivox Free Audio
Metropolitan Museum
Cleveland Museum of Art
Internet Arcade
Console Living Room
Books to Borrow
Open Library
TV News
Understanding 9/11