Table



[Part 1 of 5]

                          Appendix Table 1

Income produced and paid out in the United States, by industrial
groups, 1939

               (Money figures in millions of dollars)

-----------------------------------------------------

          Item            Total   Agriculture  Mining

-----------------------------------------------------
Gross income /1/                                     
Compensation of                                      
employees /2/             37,199       752      1,050
Net dividends paid         4,124        35        213
Net interest paid /4/      3,299       200         35
Entrepreneurial                                      
withdrawals /6/           10,826     3,576         27
Business savings /7/         778     1,072       -115
Income paid out           58,694     4,563      1,325
Income produced           59,472     5,635      1,210
-----------------------------------------------------

[Part 2 of 5]

                          Appendix Table 1

Income produced and paid out in the United States, by industrial
groups, 1939

               (Money figures in millions of dollars)

-------------------------------------------------------
                          Electric light               
          Item              and power     Manufacturing
                             and gas                   

-------------------------------------------------------
Gross income /1/                                       
Compensation of                                        
employees /2/                      678         12,766  
Net dividends paid                 472          1,823  
Net interest paid /4/              334            137  
Entrepreneurial                                        
withdrawals /6/                      -            217  
Business savings /7/              -100            482  
Income paid out                  1,484         14,943  
Income produced                  1,384         15,425  
-------------------------------------------------------

[Part 3 of 5]

                          Appendix Table 1

Income produced and paid out in the United States, by industrial
groups, 1939

               (Money figures in millions of dollars)

------------------------------------------------------

          Item            Construction  Transportation

------------------------------------------------------
Gross income /1/                                      
Compensation of                                       
employees /2/                  1,689          3,734   
Net dividends paid                44            337   
Net interest paid /4/              5            457   
Entrepreneurial                                       
withdrawals /6/                  432            305   
Business savings /7/             -22            -33   
Income paid out                2,170          4,633   
Income produced                2,148          4,800   
------------------------------------------------------

[Part 4 of 5]

                          Appendix Table 1

Income produced and paid out in the United States, by industrial
groups, 1939

               (Money figures in millions of dollars)

---------------------------------------------------------

          Item            Communication  Trade   Finance 

---------------------------------------------------------
Gross income /1/                                         
Compensation of                                          
employees /2/                    643     6,453  2,013    
Net dividends paid               176       538    299    
Net interest paid /4/             60        36  1,404    
Entrepreneurial                                          
withdrawals /6/                    -     2,022    268    
Business savings /7/             -16        86    -51    
Income paid out                  879     9,049  6,034 /8/
Income produced                  863     9,135  5,983 /8/
---------------------------------------------------------

[Part 5 of 5]

                          Appendix Table 1

Income produced and paid out in the United States, by industrial
groups, 1939

               (Money figures in millions of dollars)

---------------------------------------------------------------------
                                                      Social security
          Item            Service    Miscellaneous     contributions 
                                                       of employers  

---------------------------------------------------------------------
Gross income /1/                                                     
Compensation of                                                      
employees /2/               5,497          1,924                     
Net dividends paid            114             73 /3/                 
Net interest paid /4/          83            548 /5/                 
Entrepreneurial                                                      
withdrawals /6/             2,903          1,076                     
Business savings /7/         -223           -302                     
Income paid out             8,597          3,621            1,196    
Income produced             8,374          3,319            1,196    
---------------------------------------------------------------------
                         FOOTNOTES TO TABLE

     /1/ Not available.

     /2/ Includes compensation for injuries, and pensions, wages, and
salaries.

     /3/ Includes international flow of dividends of -$162 millions.

     /4/ On long-term debt only.

     /5/ Includes international/flow of long-term interest of $78
millions.

     /6/ In some industries average entrepreneurial withdrawals were
assumed to equal the average salary or the average salary and wage in
the industry. In other industries it was assumed that the ratio of
compensation of corporate officers plus dividends to gross income of
corporations was equal to the ratio of entrepreneurial withdrawals to
gross income of non-corporate enterprises.

     /7/ Business savings are the differences between "income
produced" by a business enterprise and the payments by that
enterprise to individuals. Because in some industries average
entrepreneurial withdrawals were assumed to equal estimated average
wage and salary payments, it may be that savings are overstated
(especially for agriculture).

     /8/ Includes net rents and royalties of $2,050 millions.

                          END OF FOOTNOTES

[Part 1 of 3]

                       Manufacturing subgroups

------------------------------------------------------
                       Food products,  Paper, printing
                       beverages and         and      
                          tobacco        publishing   

------------------------------------------------------
Gross income /1/                                      
Compensation of                                       
employees /2/, /6/          1,561            1,397    
Net dividends paid            359              107    
Net interest paid /3/          27               16    
Entrepreneurial                                       
withdrawals /4/                71               33    
Business savings /5/           39               51    
Income paid out /6/         2,018            1,553    
Income produced /6/         2,057            1,604    
------------------------------------------------------

[Part 2 of 3]

                       Manufacturing subgroups

-------------------------------------------------------
                       Textiles  Construction materials
                         and              and          
                       Leather         furniture       

-------------------------------------------------------
Gross income /1/                                       
Compensation of                                        
employees /2/, /6/      2,244              1,208       
Net dividends paid        120                129       
Net interest paid /3/       4                  4       
Entrepreneurial                                        
withdrawals /4/            45                 29       
Business savings /5/       45                 35       
Income paid out /6/     2,410              1,370       
Income produced /6/     2,455              1,405       
-------------------------------------------------------

[Part 3 of 3]

                       Manufacturing subgroups

---------------------------------------------------------------
                         Chemicals    Metals and  Miscellaneous
                       and petroleum    metal          and     
                         refining      products      rubber    

---------------------------------------------------------------
Gross income /1/                                               
Compensation of                                                
employees /2/, /6/          834        4,663            492    
Net dividends paid          355          626            127    
Net interest paid /3/        29           50              7    
Entrepreneurial                                                
withdrawals /4/              12           18              9    
Business savings /5/         12          258             42    
Income paid out /6/       1,230        5,357            635    
Income produced /6/       1,242        5,615            677    
---------------------------------------------------------------
                         FOOTNOTES TO TABLE

     Treasury Department, Division of Tax Research

     Source: U. S. Department of Commerce, unpublished data.

     /1/ Not available.

     /2/ Includes compensation for injuries, and pensions, wages, and
salaries.

     /3/ On long-term debt only.

     /4/ In some industries average entrepreneurial withdrawals were
assumed to equal the average salary or the average salary and wage in
the industry. In other industries it was assumed that the ratio of
compensation of corporate officers plus dividends to gross income of
corporations was equal to the ratio of entrepreneurial withdrawals to
gross income of non-corporate enterprises.

     /5/ Business savings are the differences between "income
produced" by a business enterprise and the payments by that
enterprise to individuals. Because in some industries average
entrepreneurial withdrawals were assumed to equal estimated average
wage and salary payments, it may be that savings are overstated
(especially for agriculture).

     /6/ Does not add up to the total for manufacturing because the
subgroups do not include data for central administrative offices.

                          END OF FOOTNOTES

                          Appendix Table 2

     Number of farms /1/ by gross value of production, /2/ 1929

------------------------------------
   Value of       Number    Percent 
 farm products   of farms   of total

------------------------------------
     Total       5,999,882   100.0  

   Under $250      397,517     6.6  
   250 -    399    518,032     8.6  
   400 -    599    766,118    12.8  
   600 -    999  1,245,684    20.8  
 1,000 -  1,499    937,910    15.6  
 1,500 -  2,499    981,163    16.4  
 2,500 -  3,999    628,006    10.5  
 4,000 -  5,999    291,112     4.8  
 6,000 -  9,999    147,753     2.5  
10,000 - 19,999     61,006     1.0  
20,000 and over     24,981      .4  
------------------------------------
                         FOOTNOTES TO TABLE

     Source: Fifteenth Census of the United States: 1930,            
             Agriculture, Volume IV, p. 891

     /1/ Excludes 288,766 unclassified farms. In cases where a
landowner had one or more tenants, renters or croppers, the land
operated by each was considered a farm.

     /2/ Value of all farm products sold, traded, or used by
operator's family. Includes forest products.

                          END OF FOOTNOTES

                          Appendix Table 3

Mining and quarrying corporations submitting balance sheets, 1937:
number of returns and total receipts /1/ by total assets classes

  (Money figures and total assets classes in thousands of dollars)

------------------------------------------------------------
     Assets         Number    Percent     Total     Percent 
    classes       of returns  of total   receipts   of total

------------------------------------------------------------
   Total /2/          11,467     100.0  $3,272,638    100.0 

    Under 50           4,911      42.8      90,310      2.8 
     50 -    100       1,707      14.9      89,443      2.7 
    100 -    250       1,928      16.8     172,848      5.3 
    250 -    500       1,097       9.6     214,418      6.6 
    500 -  1,000         727       6.3     227,196      6.9 
  1,000 -  5,000         821       7.2     568,531     17.4 
  5,000 - 10,000         137       1.2     259,749      7.9 
 10,000 - 50,000         117       1.0     864,721     26.4 
 50,000 -100,000          14        .1    (                )
                                           785,422     24.0 
100,000 and over           8        .1    (                )
------------------------------------------------------------
                         FOOTNOTES TO TABLE

     U. S. Treasury Department, Division of Tax Research

     Source: Statistics of Income, 1937, Part 2, pp. 91 and 92

     /1/ Includes gross sales and gross receipts from operations:
interest, dividends and rents received and net capital gains.

     /2/ Although 11,467 corporations filed balance sheets, 13,567
corporations with total receipts of $3,583,597,000 filed income tax
returns.

                          END OF FOOTNOTES

                          Appendix Table 4

Transportation and other public utility corporations submitting
balance sheets, 1937: Number of returns and total receipts /1/ by
total assets classes

  (Money figures and total assets classes in thousands of dollars)

-------------------------------------------------------------
     Assets         Number    Percent                Percent 
                                         Receipts            
    classes       of returns  of total               of total

-------------------------------------------------------------
   Total /2/          20,775     100.0  $13,234,554     100.0

    Under 50          12,206      58.8      392,999       3.0
     50 -    100       2,258      10.9      213,787       1.6
    100 -    250       2,275      10.9      322,363       2.4
    250 -    500       1,125       5.4      269,071       2.0
    500 -  1,000         867       4.2      312,169       2.4
  1,000 -  5,000       1,133       5.5      808,833       6.1
  5,000 - 10,000         316       1.5      522,820       3.9
 10,000 - 50,000         376       1.8    1,982,977      15.0
 50,000 -100,000         105        .5    1,251,129       9.5
100,000 and over         114        .5    7,158,407      54.1
-------------------------------------------------------------
                         FOOTNOTES TO TABLE

     Treasury Department, Division of Tax Research

     Source: Statistics of Income, 1937, Part 2, pp. 129, 130

     /1/ Includes gross receipts from operations; interest, rent and
dividends received, and net capital gain.

     /2/ Although 20,775 corporations filed balance sheets, 24,672
corporations with total receipts of $13,457,869,000 filed income tax
returns.

                          END OF FOOTNOTES

Note:     Included in the figures in note /2/ are 1,999 electric
          light, power and gas companies with total receipts of
          $3,460,357,000; 3,033 telephone and telegraph companies
          with receipts of $1,557,799,000; and 467 radio broadcasting
          companies with receipts of $124,711,000. It is believed
          that all firms in these three fields are corporate units.
          Radio broadcasting is classified under Service in Appendix
          Table 1, entitled "Income produced and paid out in the
          United States, by industrial groups, 1939."

                          Appendix Table 5

Construction /1/ corporations submitting balance sheets, 1937: Number
of returns and total receipts /2/ by total assets classes

  (Money figures and total assets classes in thousands of dollars)

--------------------------------------------------------------
     Assets          Number    Percent                Percent 
                                          Receipts            
     classes       of returns  of total               of total

--------------------------------------------------------------
    Total /3/          14,807     100.0  $ 2,355,420    100.0 

    Under 50           10,192      68.8      504,974     21.4 
    50 -      100       2,015      13.6      293,480     12.5 
   100 -      250       1,527      10.3      406,146     17.3 
   250 -      500         571       3.9      293,637     12.5 
   500 -    1,000         264       1.8      211,680      9.0 
 1,000 -    5,000         208       1.4      328,168     13.9 
 5,000 -   10,000          16        .1      111,253      4.7 
10,000 -   50,000          13        .1    (                 )
50,000 -  100,000           1       /4/    ( 206,083      8.7)
 100,000 and over           -         -    (                 )
--------------------------------------------------------------
                         FOOTNOTES TO TABLE

     Treasury Department, Division of Tax Research

     Source: Statistics of Income, 1937, Part 2, pp. 127, 128

     /1/ Includes shipbuilding and repairing (205 firms with receipts
of $210,996,000)

     /2/ Includes gross sales and gross receipts from operations;
interest, rent and dividends received, and net capital gain.

     /3/ Although 14,807 corporations filed balance sheets, 16,864
corporations with total receipts of $2,462,864,000 filed income tax
returns.

     /4/ Less than .05 percent.

                          END OF FOOTNOTES

                          Appendix Table 6

Motor trucking for hire, 1935: number of concerns and amount of
receipts, by size of receipts /1/

               (Money figures in thousands of dollars)

-------------------------------------------------------------
                      Number     Percent             Percent 
                                           Receipts          
 Size of receipts   of concerns  of total            of total

-------------------------------------------------------------
      Total              61,216     100.0  $530,860     100.0

   Under $1,000          19,516      31.9    10,806       2.0
  1,000 -    1,999       16,776      27.4    23,364       4.4
  2,000 -    4,999       13,268      21.7    39,485       7.5
  5,000 -    9,999        4,499       7.3    30,728       5.8
 10,000 -   24,999        3,575       5.8    55,233      10.4
 25,000 -   49,999        1,660       2.7    57,882      10.9
 50,000 -   99,999        1,018       1.7    70,262      13.2
100,000 -  249,999          630       1.0    95,892      18.1
250,000 -  499,999          178        .3    61,681      11.6
  500,000 and over           96        .2    85,527      16.1
-------------------------------------------------------------
                         FOOTNOTES TO TABLE

     Treasury Department, Division of Tax Research

     Source: CENSUS OF BUSINESS: 1935, "Motor Trucking for Hire, "p.
8.

     /1/ Excludes truckers not having a readily recognizable place of
business. The Census is incomplete but by how much is not known.

                          END OF FOOTNOTES

                          Appendix Table 7

Motor bus transportation, 1935: Number of concerns and amount of
receipts by size of receipts /1/

               (Money figures in thousands of dollars)

-------------------------------------------------------------
                     Number     Percent              Percent 
Size of receipts   of concerns  of total  Receipts   of total

-------------------------------------------------------------
      Total              1,751     100.0  $ 167,933     100.0

  Under $10,000            742      42.4      3,194       1.9
 10,000 -  24,999          358      20.4      5,700       3.4
 25,000 -  49,999          234      13.3      8,366       5.0
 50,000 -  99,999          148       8.5     10,782       6.4
100,000 - 249,999          148       8.5     24,033      14.3
250,000 - 499,999           55       3.1     18,502      11.0
500,000 and over            66       3.8     97,356      58.0
-------------------------------------------------------------
                         FOOTNOTES TO TABLE

     Treasury Department, Division of Tax Research

     Source: CENSUS OF BUSINESS: 1935, "Motor Bus Transportation," p.
7

     /1/ Excludes bus lines operated by municipalities, street
railways, steam railroads, taxicab, and sightseeing concerns.

                          END OF FOOTNOTES

[Part 1 of 3]

Exhibit 2: Profit and loss statement comparing items in tax base of
manufacturers' sales tax, net value added tax and corporate net
income tax

                (Check marks indicate items included)

---------------------------------------------------------------------

                                                    Manufacturers':  
          Description of items included and              sales       
               excluded from tax bases                    tax        

---------------------------------------------------------------------
                    Gross income                                     
 1.  Gross sales (where inventories are an                           
     income-                                                         
      determining factor)                                            
          Less:returns and allowances                           x /1/
 2.  Less: Cost of goods sold                                        
      a.  Wages, salaries and interest allocated                     
     to                                                              
          cost of goods sold                                         
      b.  Materials, supplies, insurance,                            
     utility                                                         
          services, depreciation and depletion                       
          allocated to cost of goods sold                            
 3.  Gross profit from sales                                         
 4.  Gross receipts (where inventories are not                       
     an                                                              
      income-determining factor)                                x /1/
 5.  Less: Cost of operations                                        
      a.  Wages, salaries and interest allocated                     
          to cost of operations                                      
      b.  Supplies, insurance, utility services,                     
     and                                                             
          depreciation allocated to cost of                          
     operations                                                      
 6.  Gross profit (where inventories are not an                      
      income-determining factor)                                     
 7.  Interest on loans, notes, mortgages, bonds,                     
     etc.                                                            
 8.  Interest on obligations of the United                           
     States                                                          
 9.  Rents                                                           
10.  Royalties                                                       
11.   a.  Net short-term capital gain                                
      b.  Net long-term capital gain (or loss)                       
      c.  Net gain (or loss) from sales or                           
     exchange of                                                     
          property other than capital assets                         
12.  Dividends                                                       
13.  Other income:  For example -                                    
      a.  Cash discounts from purchases and                          
          refunds received                                           
      b.  Profits from installment operations                        
14.  Total income for manufacturers' sales tax                       
      (sum of items 1 and 4)                                    x    
15.  Total income for net value added tax                            
      (sum of items 1, 4, 9, 10, 13)                                 
16.  Total income for corporate net income tax                       
      (sum of items 3 and 6 to 13, inclusive)                        

     Deductions                                                      

17.  Compensation of officers                                        
18.  Salaries and wages (not deducted elsewhere)                     
19.  Rents and royalties                                             
20.  Repairs                                                         
21.  Bad debts                                                       
22.  Interest (not deducted elsewhere)                               
23.  Taxes                                                           
24.  Contributions or gifts paid                                     
25.  Losses by fire, storm, theft, etc.                              
26.  Depreciation (not deducted elsewhere)                           
27.  Depletion (not deducted elsewhere)                              
28.  Net operating loss deduction                                    
29.  Amortization                                                    
30.  Other deductions: For example -                                 
      a.  Advertising                                                
      b.  Lawsuit payments                                           
31.  Total deductions for net value added tax                        
     (sum of                                                         
      items 2(b), 5(b), 19, 20, 21, 23, 25, 26,                      
     27, 30)                                                         
32.  Net value added (item 15 minus item 31)                         
33.  Total deductions for Declared Value Excess                      
     Profits                                                         
      Tax (sum of items 17 to 30)                                    
34.  Net income for Declared Value Excess                            
     Profits Tax                                                     
      computation (item 16 minus item 33)                            
35.  Less: Declared Value Excess Profits Tax                         
36.  Net income (item 34 minus item 35)                              
37.  Less: Interest on obligations of the United                     
     States                                                          
      (item 8)                                                       
38.  Adjusted net income (item 36 minus item 37)                     
39.  Less: Dividends received credit (85% of                         
     dividends                                                       
      received from domestic corporations but                        
     not in                                                          
      excess of 85 % of item 38)                                     
40.  Normal tax net income (item 38 minus item                       
     39)                                                             
---------------------------------------------------------------------

[Part 2 of 3]

Exhibit 2: Profit and loss statement comparing items in tax base of
manufacturers' sales tax, net value added tax and corporate net
income tax

                (Check marks indicate items included)

-------------------------------------------------------
                                                   Net 
                                                  value
          Description of items included and       added
               excluded from tax bases             tax 

-------------------------------------------------------
                    Gross income                       
 1.  Gross sales (where inventories are an             
     income-                                           
      determining factor)                              
          Less:returns and allowances             x    
 2.  Less: Cost of goods sold                          
      a.  Wages, salaries and interest allocated       
     to                                                
          cost of goods sold                           
      b.  Materials, supplies, insurance,              
     utility                                           
          services, depreciation and depletion         
          allocated to cost of goods sold         x    
 3.  Gross profit from sales                           
 4.  Gross receipts (where inventories are not         
     an                                                
      income-determining factor)                  x    
 5.  Less: Cost of operations                          
      a.  Wages, salaries and interest allocated       
          to cost of operations                        
      b.  Supplies, insurance, utility services,       
     and                                               
          depreciation allocated to cost of            
     operations                                   x    
 6.  Gross profit (where inventories are not an        
      income-determining factor)                       
 7.  Interest on loans, notes, mortgages, bonds,       
     etc.                                              
 8.  Interest on obligations of the United             
     States                                            
 9.  Rents                                        x    
10.  Royalties                                    x    
11.   a.  Net short-term capital gain                  
      b.  Net long-term capital gain (or loss)         
      c.  Net gain (or loss) from sales or             
     exchange of                                       
          property other than capital assets           
12.  Dividends                                         
13.  Other income:  For example -                      
      a.  Cash discounts from purchases and            
          refunds received                        x    
      b.  Profits from installment operations     x    
14.  Total income for manufacturers' sales tax         
      (sum of items 1 and 4)                           
15.  Total income for net value added tax              
      (sum of items 1, 4, 9, 10, 13)              x    
16.  Total income for corporate net income tax         
      (sum of items 3 and 6 to 13, inclusive)          

     Deductions                                        

17.  Compensation of officers                          
18.  Salaries and wages (not deducted elsewhere)       
19.  Rents and royalties                          x    
20.  Repairs                                      x /2/
21.  Bad debts                                    x    
22.  Interest (not deducted elsewhere)                 
23.  Taxes                                        x /3/
24.  Contributions or gifts paid                       
25.  Losses by fire, storm, theft, etc.           x    
26.  Depreciation (not deducted elsewhere)        x    
27.  Depletion (not deducted elsewhere)           x    
28.  Net operating loss deduction                      
29.  Amortization                                      
30.  Other deductions: For example -                   
      a.  Advertising                             x    
      b.  Lawsuit payments                        x    
31.  Total deductions for net value added tax          
     (sum of                                           
      items 2(b), 5(b), 19, 20, 21, 23, 25, 26,        
     27, 30)                                      x    
32.  Net value added (item 15 minus item 31)      x    
33.  Total deductions for Declared Value Excess        
     Profits                                           
      Tax (sum of items 17 to 30)                      
34.  Net income for Declared Value Excess              
     Profits Tax                                       
      computation (item 16 minus item 33)              
35.  Less: Declared Value Excess Profits Tax           
36.  Net income (item 34 minus item 35)                
37.  Less: Interest on obligations of the United       
     States                                            
      (item 8)                                         
38.  Adjusted net income (item 36 minus item 37)       
39.  Less: Dividends received credit (85% of           
     dividends                                         
      received from domestic corporations but          
     not in                                            
      excess of 85 % of item 38)                       
40.  Normal tax net income (item 38 minus item         
     39)                                               
-------------------------------------------------------

[Part 3 of 3]

Exhibit 2: Profit and loss statement comparing items in tax base of
manufacturers' sales tax, net value added tax and corporate net
income tax

                (Check marks indicate items included)

-----------------------------------------------------------
                                                  Corporate
                                                     net   
          Description of items included and        income  
               excluded from tax bases               tax   

-----------------------------------------------------------
                    Gross income                           
 1.  Gross sales (where inventories are an                 
     income-                                               
      determining factor)                                  
          Less:returns and allowances                 x    
 2.  Less: Cost of goods sold                              
      a.  Wages, salaries and interest allocated           
     to                                                    
          cost of goods sold                          x    
      b.  Materials, supplies, insurance,                  
     utility                                               
          services, depreciation and depletion             
          allocated to cost of goods sold             x    
 3.  Gross profit from sales                          x    
 4.  Gross receipts (where inventories are not             
     an                                                    
      income-determining factor)                      x    
 5.  Less: Cost of operations                              
      a.  Wages, salaries and interest allocated           
          to cost of operations                       x    
      b.  Supplies, insurance, utility services,           
     and                                                   
          depreciation allocated to cost of                
     operations                                       x    
 6.  Gross profit (where inventories are not an            
      income-determining factor)                      x    
 7.  Interest on loans, notes, mortgages, bonds,           
     etc.                                             x    
 8.  Interest on obligations of the United                 
     States                                           x    
 9.  Rents                                            x    
10.  Royalties                                        x    
11.   a.  Net short-term capital gain                 x    
      b.  Net long-term capital gain (or loss)        x    
      c.  Net gain (or loss) from sales or                 
     exchange of                                           
          property other than capital assets          x    
12.  Dividends                                        x    
13.  Other income:  For example -                          
      a.  Cash discounts from purchases and                
          refunds received                            x    
      b.  Profits from installment operations         x    
14.  Total income for manufacturers' sales tax             
      (sum of items 1 and 4)                               
15.  Total income for net value added tax                  
      (sum of items 1, 4, 9, 10, 13)                       
16.  Total income for corporate net income tax             
      (sum of items 3 and 6 to 13, inclusive)         x    

     Deductions                                            

17.  Compensation of officers                         x    
18.  Salaries and wages (not deducted elsewhere)      x    
19.  Rents and royalties                              x    
20.  Repairs                                          x    
21.  Bad debts                                        x    
22.  Interest (not deducted elsewhere)                x    
23.  Taxes                                            x    
24.  Contributions or gifts paid                      x    
25.  Losses by fire, storm, theft, etc.               x    
26.  Depreciation (not deducted elsewhere)            x    
27.  Depletion (not deducted elsewhere)               x    
28.  Net operating loss deduction                     x    
29.  Amortization                                     x    
30.  Other deductions: For example -                       
      a.  Advertising                                 x    
      b.  Lawsuit payments                            x    
31.  Total deductions for net value added tax              
     (sum of                                               
      items 2(b), 5(b), 19, 20, 21, 23, 25, 26,            
     27, 30)                                               
32.  Net value added (item 15 minus item 31)               
33.  Total deductions for Declared Value Excess            
     Profits                                               
      Tax (sum of items 17 to 30)                     x    
34.  Net income for Declared Value Excess                  
     Profits Tax                                           
      computation (item 16 minus item 33)             x    
35.  Less: Declared Value Excess Profits Tax          x    
36.  Net income (item 34 minus item 35)               x    
37.  Less: Interest on obligations of the United           
     States                                                
      (item 8)                                        x    
38.  Adjusted net income (item 36 minus item 37)      x    
39.  Less: Dividends received credit (85% of               
     dividends                                             
      received from domestic corporations but              
     not in                                                
      excess of 85 % of item 38)                      x    
40.  Normal tax net income (item 38 minus item             
     39)                                              x    
-----------------------------------------------------------
                         FOOTNOTES TO TABLE

     /1/ Articles used in further manufacture are exempt from tax.

     /2/ Excluding wages and salaries paid to own employees

     /3/ Excluding employees' and employers' contribution to social
security taxes.

                          END OF FOOTNOTES

[Part 1 of 5]

                          Appendix Table 8

Independent /1/ retail stores, 1935: Number of stores and amount of
sales, /2/ by type of business

                   (Sales in thousands of dollars)

---------------------------------------------------------------------
                                                 Stores with annual  
                               Total                  sales of       
                                                  Less than $5,000   
  Kind of business      Number                   Number              
                          of         Sales         of        Sales   
                        stores                   stores              

---------------------------------------------------------------------
United States, total  1,527,088   $25,278,840   679,999   $1,461,604 
Food stores             476,012     5,449,649   227,570      470,897 
General stores                                                       
(with food)              65,747     1,071,273    21,948       54,025 
General merchandise                                                  
group                    34,523     2,544,445    11,761       26,360 
Apparel group            83,915     1,938,829    26,986       62,635 
Automotive group        112,747     4,261,685    52,267      107,133 
Filling stations        178,009     1,544,835    85,496      193,244 
Furniture and                                                        
household group          43,425     1,138,470    14,424       32,121 
Lumber-building-                                                     
hardware group           65,689     1,582,258    17,344       42,710 
Eating and drinking                                                  
places                  247,474     2,148,667   128,725      280,398 
Drug stores              53,042       927,020     8,608       24,853 
Other retail stores     143,999     2,561,216    67,508      138,632 
Second-hand stores       22,506       110,493    17,362       28,596 

                         Independent retail stores, 1935: Percent    
                      distribution of number of stores and amount of 
                                sales, by type of business           

United States, total      100.0%        100.0%     44.5%         5.8%
Food stores               100.0         100.0      47.8          8.6 
General stores                                                       
(with food)               100.0         100.0      33.4          5.0 
General merchandise                                                  
group                     100.0         100.0      34.1          1.0 
Apparel group             100.0         100.0      32.2          3.2 
Automotive group          100.0         100.0      46.4          2.5 
Filling stations          100.0         100.0      48.0         12.5 
Furniture and                                                        
household group           100.0         100.0      33.2          2.8 
Lumber-building-                                                     
hardware group            100.0         100.0      26.4          2.7 
Eating and drinking                                                  
places                    100.0         100.0      52.0         13.0 
Drug stores               100.0         100.0      16.2          2.7 
Other retail stores       100.0         100.0      46.9          5.4 
Second-hand stores        100.0         100.0      77.2         25.9 
---------------------------------------------------------------------

[Part 2 of 5]

                          Appendix Table 8

Independent /1/ retail stores, 1935: Number of stores and amount of
sales, /2/ by type of business

                   (Sales in thousands of dollars)

------------------------------------------------------------------

                              Stores with annual sales of         
                          $5,000-9,999          $10,000-19,999    
  Kind of business     Number                 Number              
                         of        Sales        of        Sales   
                       stores                 stores              

------------------------------------------------------------------
United States, total  297,617   $2,109,575   271,059   $3,764,334 
Food stores            90,947      640,710    83,620    1,156,026 
General stores                                                    
(with food)            13,621       95,983    14,637      203,469 
General merchandise                                               
group                   6,593       46,799     7,063       98,807 
Apparel group          15,240      109,582    17,517      247,976 
Automotive group       15,361      107,568    13,128      184,377 
Filling stations       42,870      304,606    32,776      446,729 
Furniture and                                                     
household group         7,239       51,870     8,092      114,638 
Lumber-building-                                                  
hardware group         11,648       84,482    14,114      200,989 
Eating and drinking                                               
places                 55,496      389,968    39,902      544,788 
Drug stores            11,445       84,845    17,288      246,149 
Other retail stores    24,544      175,211    21,450      300,260 
Second-hand stores      2,613       17,951     1,472       20,126 

                       Independent retail stores, 1935: Percent   
                      distribution of number of stores and amount 
                             of sales, by type of business        

United States, total     19.5%         8.3%     17.8%        14.9%
Food stores              19.1         11.8      17.6         21.2 
General stores                                                    
(with food)              20.7          9.0      22.3         19.0 
General merchandise                                               
group                    19.1          1.9      20.5          3.9 
Apparel group            18.2          5.7      20.9         12.8 
Automotive group         13.6          2.5      11.6          4.3 
Filling stations         24.1         19.7      18.4         28.9 
Furniture and                                                     
household group          16.7          4.6      18.6         10.1 
Lumber-building-                                                  
hardware group           17.7          5.3      21.5         12.7 
Eating and drinking                                               
places                   22.4         18.1      16.1         25.4 
Drug stores              21.6          9.2      32.6         26.5 
Other retail stores      17.0          6.9      14.9         11.7 
Second-hand stores       11.6         16.3       6.5         18.2 
------------------------------------------------------------------

[Part 3 of 5]

                          Appendix Table 8

Independent /1/ retail stores, 1935: Number of stores and amount of
sales, /2/ by type of business

                   (Sales in thousands of dollars)

-----------------------------------------------------------------

                              Stores with annual sales of        
                         $20,000-29,999         $30,000-49,999   
  Kind of business     Number                Number              
                         of        Sales       of        Sales   
                       stores                stores              

-----------------------------------------------------------------
United States, total  109,523   $2,623,564   90,888   $3,458,410 
Food stores            33,407      797,682   26,429      999,380 
General stores                                                   
(with food)             6,449      153,898    5,543      210,101 
General merchandise                                              
group                   3,220       77,137    2,669      101,161 
Apparel group           8,813      212,369    8,066      307,767 
Automotive group        6,217      150,999    7,473      291,975 
Filling stations        9,221      219,000    5,516      207,192 
Furniture and                                                    
household group         4,157      100,759    4,426      170,568 
Lumber-building-                                                 
hardware group          7,292      176,367    7,835      301,207 
Eating and drinking                                              
places                 11,991      283,909    7,558      284,831 
Drug stores             8,160      195,978    5,514      205,649 
Other retail stores    10,122      244,103    9,486      364,516 
Second-hand stores        474       11,363      373       14,063 

                       Independent retail stores, 1935: Percent  
                         distribution of number of stores and    
                         amount of sales, by type of business    

United States, total      7.2%        10.4%     5.9%        13.7%
Food stores               7.0         14.7      5.6         18.3 
General stores                                                   
(with food)               9.8         14.4      8.4         19.6 
General merchandise                                              
group                     9.3          3.0      7.7          4.0 
Apparel group            10.5         10.9      9.6         15.9 
Automotive group          5.5          3.5      6.6          6.9 
Filling stations          5.2         14.2      3.1         13.4 
Furniture and                                                    
household group           9.6          8.8     10.2         15.0 
Lumber-building-                                                 
hardware group           11.1         11.2     11.9         19.0 
Eating and drinking                                              
places                    4.9         13.2      3.1         13.3 
Drug stores              15.4         21.1     10.4         22.2 
Other retail stores       7.0          9.5      6.6         14.2 
Second-hand stores        2.1         10.3      1.7         12.7 
-----------------------------------------------------------------

[Part 4 of 5]

                          Appendix Table 8

Independent /1/ retail stores, 1935: Number of stores and amount of
sales, /2/ by type of business

                   (Sales in thousands of dollars)

----------------------------------------------------------------

                             Stores with annual sales of        
                         $50,000-99,999       $100,000-299,999  
  Kind of business    Number                Number              
                        of        Sales       of        Sales   
                      stores                stores              

----------------------------------------------------------------
United States, total  47,582   $3,271,078   24,622   $3,910,943 
Food stores           10,552      710,313    3,065      447,325 
General stores                                                  
(with food)            2,559      175,472      896      136,563 
General merchandise                                             
group                  1,187       82,555    1,211      194,080 
Apparel group          4,901      332,729    1,953      304,183 
Automotive group       7,329      529,369    8,193    1,397,261 
Filling stations       1,740      114,121      372       52,396 
Furniture and                                                   
household group        3,065      212,905    1,702      265,310 
Lumber-building-                                                
hardware group         5,023      347,004    2,211      330,228 
Eating and drinking                                             
places                 2,775      184,862      938      139,455 
Drug stores            1,680      110,737      323       46,244 
Other retail stores    6,608      459,965    3,711      591,245 
Second-hand stores       163       11,046       47        6,653 

                      Independent retail stores, 1935: Percent  
                        distribution of number of stores and    
                        amount of sales, by type of business    

United States, total     3.1%        12.9%     1.6%        15.5%
Food stores              2.2         13.0       .6          8.2 
General stores                                                  
(with food)              3.9         16.4      1.4         12.7 
General merchandise                                             
group                    3.4          3.2      3.5          7.6 
Apparel group            5.8         17.2      2.3         15.7 
Automotive group         6.5         12.4      7.3         32.8 
Filling stations         1.0          7.4       .2          3.4 
Furniture and                                                   
household group          7.1         18.7      3.9         23.3 
Lumber-building-                                                
hardware group           7.7         21.9      3.4         20.9 
Eating and drinking                                             
places                   1.1          8.6       .4          6.5 
Drug stores              3.2         11.9       .6          5.0 
Other retail stores      4.6         18.0      2.6         23.1 
Second-hand stores        .7         10.0       .2          6.0 
----------------------------------------------------------------

[Part 5 of 5]

                          Appendix Table 8

Independent /1/ retail stores, 1935: Number of stores and amount of
sales, /2/ by type of business

                   (Sales in thousands of dollars)

-----------------------------------------
                      Stores with annual 
                           sales of      
                       $300,000 and over 
  Kind of business    Number             
                        of       Sales   
                      stores             

-----------------------------------------
United States, total  2,646   $2,200,305 
Food stores             422      227,316 
General stores                           
(with food)              94       41,762 
General merchandise                      
group                   819    1,917,546 
Apparel group           439      361,588 
Automotive group      2,779    1,493,003 
Filling stations         18        7,547 
Furniture and                            
household group         320      190,299 
Lumber-building-                         
hardware group          222       99,271 
Eating and drinking                      
places                   89       40,456 
Drug stores              24       12,565 
Other retail stores     570      287,284 
Second-hand stores        2          695 

                      Independent retail 
                        stores, 1935:    
                           Percent       
                       distribution of   
                       number of stores  
                        and amount of    
                      sales, by type of  
                           business      

United States, total     .4%        18.5%
Food stores              .1          4.2 
General stores                           
(with food)              .1          3.9 
General merchandise                      
group                   2.4         75.4 
Apparel group            .5         18.6 
Automotive group        2.5         35.1 
Filling stations        /3/           .5 
Furniture and                            
household group          .7         16.7 
Lumber-building-                         
hardware group           .3          6.3 
Eating and drinking                      
places                  /3/          1.9 
Drug stores             /3/          1.4 
Other retail stores      .4         11.2 
Second-hand stores      /3/           .6 
-----------------------------------------
                         FOOTNOTES TO TABLE

     Treasury Department, Division of Tax Research

     Source: Census of Business, 1935, "Retail Distribution, Vol. VI,
pp. 156-157

     /1/ Includes as many as three stores under a common ownership.
Also includes state liquor stores (2,053 stores, sales of
$160,665,000), leased department chains (3,684 stores, sales of
$108,070,000), miscellaneous chains (6,591 stores, sales of
$641,690,000), and, in addition, a further duplication of 987 chain
stores with sales of $87,777,000 which were included to avoid
disclosure.

     /2/ Sales - Total operating receipts after deduction of refunds
or allowances for merchandise returned by customers. Sales taxes are
included.

     /3/ Less than .1 of 1 percent.

                          END OF FOOTNOTES

                          Appendix Table 9

Financial institutions, 1935: Number of establishments /1/ by type of
business /2/

----------------------------------------------------------
                                            Number of     
           Type of business                               
                                          establishments  

----------------------------------------------------------
United States, Total                            44,101    
  Security brokers and dealers                   7,224    
  Building and loan associations                 8,118    
  Installment finance companies                  2,331    
  Personal finance companies                     4,015    
  Mortgage and farm mortgage companies             954    
  Miscellaneous                                  1,878    

  Banks, Total                                  19,581 /3/
    National banks                               6,725    
    State banks                                 11,574    
    Private banks                                  253    
    Mutual savings banks                           673    
    Industrial and Morris Plan banks               249    
    Federal Reserve and Joint Stock                       
      Land banks                                   107    
----------------------------------------------------------
                         FOOTNOTES TO TABLE

     Treasury Department, Division of Tax Research

     Source: CENSUS OF BUSINESS: 1935, "Financial Institutions,"     
             p. 1. CENSUS OF BUSINESS: 1935, "Banks," p. vii.

     /1/ Units of branch system are considered as separate
establishments.

     /2/ The coverage is not entirely complete.

     /3/ Includes all banks except 20 and 3 foreign bank agencies.

                          END OF FOOTNOTES

[Part 1 of 5]

                          Appendix Table 10

Number of service establishments /1/ and amount of receipts by size
of receipts and by kind of business, 1935

                         (Receipts in $000)

---------------------------------------------------------------------
                                                    Establishments   
                                                  reporting receipts 
                                                          of         
                               Total                                 
 Kind of business                                  Less than $1,000  
                       Number       Receipts     Number    Receipts  

---------------------------------------------------------------------
United States,                                                       
total                574,708      2,029,302      203,078  105,205    
Personal services    355,976        990,731 /4/  116,131   65,564 /3/
Business services     29,859        509,662        5,142    2,624    
Repair services and                                                  
custom industries    182,924 /4/    471,088       80,271   20,436 /3/
Miscellaneous                                                        
services /2/           5,949         57,821        1,534      767    

                           Percent distribution of services          
                       establishments and amount of receipts by      
                      size of receipts and by kind of business,      
                                         1935                        
United States,                                                       
total                  100.0          100.0         35.3      5.2    
Personal services      100.0          100.0 /4/     32.6      6.6 /3/
Business services      100.0          100.0         17.2       .5    
Repair services and                                                  
custom industries      100.0 /4/      100.0         43.9      4.3 /3/
Miscellaneous                                                        
services /2/           100.0          100.0         25.8      1.3    
---------------------------------------------------------------------

[Part 2 of 5]

                          Appendix Table 10

Number of service establishments /1/ and amount of receipts by size
of receipts and by kind of business, 1935

                         (Receipts in $000)

--------------------------------------------------------

                      Establishments reporting receipts 
                                     of                 

 Kind of business      $1,000-2,999       $3,000-4,999  
                     Number   Receipts  Number  Receipts

--------------------------------------------------------
United States,                                          
total                226,834   389,730  73,774   279,145
Personal services    157,887   269,389  42,681   160,106
Business services      8,044    14,654   4,241    16,174
Repair services and                                     
custom industries     58,989   102,297  26,074    99,917
Miscellaneous                                           
services /2/           1,914     3,390     778     2,948

                      Percent distribution of services  
                        establishments and amount of    
                     receipts by size of receipts and by
                           kind of business, 1935       
United States,                                          
total                   39.5      19.2    12.9      13.8
Personal services       44.4      27.2    11.9      16.2
Business services       26.9       2.9    14.2       3.2
Repair services and                                     
custom industries       32.2      21.7    14.2      21.2
Miscellaneous                                           
services /2/            32.2       5.9    13.1       5.1
--------------------------------------------------------

[Part 3 of 5]

                          Appendix Table 10

Number of service establishments /1/ and amount of receipts by size
of receipts and by kind of business, 1935

                         (Receipts in $000)

----------------------------------------------------------

                     Establishments reporting receipts of 

 Kind of business      $5,000-9,999      $10,000-14,999   
                     Number  Receipts  Number   Receipts  

----------------------------------------------------------
United States,                                            
total                40,446   274,071  12,195  145,793    
Personal services    24,896   167,466   6,395   76,193    
Business services     4,576    31,954   2,179   26,269    
Repair services and                                       
custom industries    10,273    69,791   3,297   39,436 /3/
Miscellaneous                                             
services /2/            701     4,860     324    3,872    

                     Percent distribution of services     
                       establishments and amount of       
                     receipts by size of receipts and     
                         by kind of business, 1935        
United States,                                            
total                   7.0      13.5     2.1      7.2    
Personal services       7.0      16.9     1.8      7.7    
Business services      15.3       6.3     7.3      5.1    
Repair services and                                       
custom industries       5.6      14.8     1.8      8.4 /3/
Miscellaneous                                             
services /2/           11.8       8.4     5.4      6.7    
----------------------------------------------------------

[Part 4 of 5]

                          Appendix Table 10

Number of service establishments /1/ and amount of receipts by size
of receipts and by kind of business, 1935

                         (Receipts in $000)

-------------------------------------------------------------

                       Establishments reporting receipts of  

 Kind of business      $15,000-24,999       $25,000-49,999   
                     Number   Receipts    Number   Receipts  

-------------------------------------------------------------
United States,                                               
total                 9,190  173,003       5,806  197,478    
Personal services     4,595   85,912       2,457  104,658    
Business services     2,050   39,297       1,814   62,769    
Repair services and                                          
custom industries     2,258   42,171 /3/   2,273   44,024 /3/
Miscellaneous                                                
services /2/            287    5,502         226    7,906    

                       Percent distribution of services      
                         establishments and amount of        
                     receipts by size of receipts and by     
                            kind of business, 1935           
United States,                                               
total                   1.6      8.5         1.0      9.7    
Personal services       1.3      8.7          .7     10.6    
Business services       6.9      7.7         6.1     12.3    
Repair services and                                          
custom industries       1.2      9.0 /3/     1.2      9.3 /3/
Miscellaneous                                                
services /2/            4.8      9.5         3.8     13.7    
-------------------------------------------------------------

[Part 5 of 5]

                          Appendix Table 10

Number of service establishments /1/ and amount of receipts by size
of receipts and by kind of business, 1935

                         (Receipts in $000)

----------------------------------------
                       Establishments   
                     reporting receipts 
                             of         

 Kind of business      $50,000 or more  
                     Number   Receipts  

----------------------------------------
United States,                          
total                 3,385  464,877    
Personal services       934   83,344 /3/
Business services     1,813  315,921    
Repair services and                     
custom industries       453   35,465 /3/
Miscellaneous                           
services /2/            185   28,576    
                         Percent        
                     distribution of    
                        services        
                     establishments     
                      and amount of     
                       receipts by      
                         size of        
                     receipts and by    
                         kind of        
                     business, 1935     
United States,                          
total                    .6     22.9    
Personal services        .3      8.4 /3/
Business services       6.1     62.0    
Repair services and                     
custom industries        .2      7.5 /3/
Miscellaneous                           
services /2/            3.1     49.4    
----------------------------------------
                         FOOTNOTES TO TABLE

     Treasury Department, Division of Tax Research

     Source: CENSUS OF BUSINESS: 1935, "Service Establishments," Vol.
I, pa. 18-20

     /1/ Not all establishments which would qualify as service
businesses are included. The professional field, hospitals and
sanitariums, power laundries or cleaning and dyeing plants are
excluded (the latter are included in the Census of Manufactures).
Advertising agencies, amusements, tourist camps and hotels,
broadcasting stations are tabulated in separate censuses, while
storage warehouses are included in the Transportation Census. For a
full discussion of the scope of this Census see Volume I, pp. ii-iii
of CENSUS OF BUSINESS, 1935: "Service Establishments."

     /2/ Includes some small manufacturing establishments not covered
by the Census of Manufactures since their product was valued at less
than $5,000.

     /3/ Receipts for major groups were obtained by totaling the
figures for minor groups. In some cases, figures were omitted to
avoid disclosure so that the amounts and percentages are incorrect
and should not add up to the total.

     /4/ Sum of parts is greater than whole even with some items
omitted (see note /3/) because source material is incorrect.

                          END OF FOOTNOTES

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