XN000022-1982-10-31 — Page 5

SUNDAY, OCTOBER 31, 1982

A STATISTICAL TABLE (ATTACHED) PRESENTS THE PROVISIONAL RESULTS FOR THE 1 847 FINANCIAL ESTABLISHMENTS CLASSIFIED INTO SEVEN GROUPS, NAMELY, (1) PERSONAL LOANS, MORTGAGES, INSTALMENT CREDIT, FACTORING, AND BILL DISCOUNTING COMPANIES (11) PAWNSHOPS: (I) INVESTMENT AND HOLDING COMPANIES (IV) STOCK AND SHARE BROKERS AND DEALERS (V) COMMODITY FUTURES AND GOLD BULLION BROKERS AND DEALERS: (VI) MONEY CHANGERS AND FOREIGN EXCHANGE BROKERS AND DEALERS (VII) FINANCIAL INSTITUTIONS AND OTHER MISCELLANEOUS FINANCIAL SERVICES.

IN TERMS OF THE NUMBER OF PERSONS ENGAGED, +STOCK AND SHARE BROKERS AND DEALERS+ WERE THE LARGEST GROUP, FOLLOWED BY +COMMODITY FUTURES AND GOLD BULLION BROKERS AND DEALERS+, AND +INVESTMENT AND HOLDING COMPANIES+.

THE FINANCING SECTOR, ON AVERAGE, INCURRED ABOUT $46 000 ON COMPENSATION PER EMPLOYEE PER ANNUM, WITH INVESTMENT AND HOLDING COMPANIES+ INCURRING THE HIGHEST AT $77 000 AND +PAWNSHOPS+ THE LOWEST AT $27 000.

IN ADDITION, THE SECTOR INCURRED A TOTAL OF $1 931 MILLION ON OPERATING EXPENSES INCLUDING RENT AND RATES, INTEREST PAYMENTS, EXPENSES ON REPAIR AND MAINTENANCE, PURCHASES OF GOODS, SUPPLIES, FUELS, WATER, ELECTRICITY AND PAYMENTS FOR OTHER MISCELLANEOUS SERVICES. +STOCK AND SHARE BROKERS AND DEALERS+ INCURRED THE HIGHEST OPERATING EXPENSES OF $611 MILLION, FOLLOWED BY + INVESTMENT AND HOLDING COMPANIES OF $526 MILLION. A LARGE AMOUNT OF OPERATING EXPENSES WAS ATTRIBUTABLE TO THE CONSIDERABLE INTEREST PAYMENTS BY THESE FINANCIAL ESTABLISHMENTS.

INCOME AND RECEIPTS VARIED SIGNIFICANTLY AMONG THE SEVEN GROUPS OF FINANCIAL ESTABLISHMENTS. INCOME AND RECEIPTS FOR INVESTMENT AND HOLDING COMPANIES+, WITH DIVIDENDS AS THEIR MAJOR INCOME, AMOUNTED TO $5 088 MILLION OR 60 PER CENT OF THE SECTOR'S TOTAL. THIS WAS FOLLOWED BY +STOCKS AND SHARES BROKERS AND DEALERS+, WITH $1 690 MILLION, NOTABLY BROKERAGE RECEIPTS, OR 20 PER CENT OF THE TOTAL, PAWNSHOPS HAD THE SMALLEST SHARE IN THE TOTAL RECEIPTS, WITH $84 MILLION OR ONLY ONE PER CENT OF THE TOTAL.

THE CENSUS AND STATISTICS DEPARTMENT IS NOW IN THE PROCESS OF PREPARING A REPORT ON THE 1980 CENSUS. THE REPORT WILL DESCRIBE IN DETAIL THE RESULTS OF THE CENSUS AND THE METHODOLOGY EMPLOYED.

ENQUIRIES ABOUT THE 1980 CENSUS MAY BE DIRECTED TO THE SERVICES STATISTICS SECTION OF THE CENSUS AND STATISTICS DEPARTMENT (TEL. NO. 3-661070).

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