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April 15, 1955

STATISTICS

BUSINESS

A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS
Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $3.25 annually, this Supplement provides selected
weekly and monthly data subsequent to those published in the latest monthly SURVEY

SELECTED BUSINESS INDICATORS
INDEX, 1935-39= 100
500

Weekly

INDEX, 1935-39.= 100
500

PRICES OF 4 2 0 INDUSTRIAL STOCKS
(Wednesday close)

400 -

-

400

1955
300 ~

300

\

1954

1952

i954

1953

-

200

f i l l I 1 i l l i i^.
IOO
JFMAMJJASOND

1955
BILLION DOLLARS
20

BILLION DOLLARS

NEW CONSTRUCTION ACTIVITY

SALES OF RETAIL STORES

(seasonally adjusted)

(seasonally adjusted)

. Total

I5
Total ,
Nondurable Goods
\

10

Durable Goods

Priyate Residential
(Nonfarm)

0

IIIII1 III II

*

IIIII |I I II I

I I | I I I I IM l

1953

1954

1952

I I I I II II II II II I 1

0

I i i i i i I i i i i i I 11 11 i I i i i i i 1 i i i i i 11 i i 11 I i i i i 1 1 1 1 i i i

1952

1955

1953

MANUFACTURING EMPLOYMENT
PAYROLLS (production workers)

HOURS
56

MANUFACTURING HOURS & EARNINGS

&

2.00

I BO

(left scale)

y

•4\

52

Average Hourly
Gross Earnings

Payrolls

120

1955

DOLLARS
2.20

INDEX, 1947-49 = 100
180

140

1954

1.80

-

48

Average Hours
Per Week

1.60

44

(right scale)

y^

100

1.40

—

40

nt
Employmet
80

• i l l

1 I 1 1 1 1 1 1 ! 1 1

i 1 t i i j_ L

1952

i i it1953
i 1 i 11 i i




1954

1 I1 1 1 1 I1 1 1

1955

1 . 2 0

>»KI I i i I i

i

1952

i

i i

i

i i i i i 1 i i i

1953

i I

36

I i i i i 1 t i i i i

1954

1955

WEEKLY BUSINESS STATISTICS1
1954

1955

ITEM

Apr. 3
Commodity prices, wholesale:
IQA-I-AO- inn
A!! ccrrsncditisc;
do
Farm products
do
Foods, processed
„
do....
A 11 other
do
22 commodities 2 /
do..
Department store sales
thous..
Insured unemployment, total 3/
State programs
. .
do
Finance:
mi 1 . of dol . .
Currency in circulation 4/
Federal Reserve bank credit outstanding, total
do....
Member bank reserve ba 1 ances
do....
do
Excess reserves, estimated
Federal Reserve reporting member banks in leading cities:
m
Demand deposits, adjusted
' ' <"»f ^oi
Time deposits, except Government
. . .
do
Loans and investments (adjusted), total
do. .
U S Government obligations
do
Commercial, industrial, and agr
loans (gross)....do....
. do.
Real-estate loans (gross)..
number. .
Failures, industrial and commercial
Bond yields, domestic corporate (Moody's) 4/..
percent..
Stock prices, 480 stocks (Standard and Poor's).1935-39=100..
Industrials, 420 stocks
...do
r
Production:
thous of short tons
Bituminous coal 4/..
mil. of kw.-hr .
E1 ectr i c power, by ut i1i t i es
Passenger cars and trucks (Ward's).
thous of bb1 .
Petroleum (crude) and condensate 4/
..thous. of short tons..
Steel 5/
Percent of capacity 5/
thous of cars
FreiGht car loadinos total
M i see 11aneous
do

Apr. 10

Mar. 19

*i i i n

91.7
103
2,367
2, 147

i in n
92.3
101.8
1 15.5
88.9

*99.4
*IO5.9
*l14.5
91.4
1 13
2,361
2, 151

108

Mar. 26

i in i
93.0
102.2
115.5
89.0

103

1,881
1,655

1,817
1,594

29,819
25,002
19,360
1,022

29,732
24,904
18,588

Apr. 9

Apr. 2

i in 5
93.8
103.7
1 15.5
89.8
1 14

29,738
25,316
19,194
505

29,812
25,357
19,272
621

51,812
20,1 13
77,814
30,850
22,763
6,522
267
3. 12
208.3
227.4

52,376
20,204
78,406
31,518
22,714
6,532
246
3. 12
209.2
228.8

57,861
21,528
84,918
34,374
22,694
7,402
3.21
273.3
306. 1

3.20
278. 1
312.2

3.20
277.7
311.5

1, 138
8,463
138,591
6,486
1,648
#69. 1
599
338

1, 128
8,396
141,558
6,568
1,622
#68.0
607
337

1,342
9,814
201,503
6,858
2,273
94.2
656
363

1,317
9,907
205,459
6,863
2,262
93.7
639
352

1,361
9,804
206,262
6,807
2,278
94.4
659
374

226

1 10.3
92.7
103. 1
1 15.6
89.8

29,770
24,848
18,388

29,925
25,011
18,791

484

460

547

56,282
21,556
83,996
33,509
22,747
7,432

55,590
21,546
83,455
32,885
22,707
7,474

237

232

21 1
3.20
281.8
316.4

197,201
2,300
95.3

J./ Data do not always cover calendar weeks. 2 / Tuesday prices. 3/ Includes UCFE program beginning January 8, 1955. 4/ Daily average.
Week ended April 16: Production, 2,292 thous. short tons; operating rate, 95.3 percent. * Monthly index for April 1954. # Not compara5/ We
ble with 1955 rates which are based on higher capacity as reported January I, 1955.

MONTHLY BUSINESS STATISTICS
1954

1955

ITEM
February

December

March

January

February

March

COMMODITY PRICES
RetaiI price:
208.9

208.3

207.6

207.3

207.6

585

641
624
522
576
419

586
641
624
529
579
420

598
649
629
545
599
432

598
649
629
545
599
432

599
649
629
550
600
432

180,732
44,499
136,233
9,240
2,457
26,573
97,963

216,155
50,024
166,131
11,336
3,099
34,084
117,611

229,480
45,160
184,320
8,074
3,218
26,038
146,991

196,204
50,842
145,362
9,980
4,516
24,785
106,081

mil. of dol

12,065

13,540

17,872

13,279

r 12,762

14,633

do..
do..

2,254
652

2,771
690

2,824
1,025

2,645
698

2,707
682

3,297
770

do..
,. .do..
do..
do..
do..
do..
do..
do..
do..

604
394
962
3, 112
800

715
401
1,004
3,340
870
1,330
22,560
10,490
12,080

1,448
530
I, I 13
3,920
1,008
2,850
22,090
10,060
12,030

693
420
1,013
3,398
949
1,244
22,210
10,160
12,050

602
394
950
3,253
873
I, 171
22,360
10,330
12,030

820
409
1,017
3,535
943
1,432

All commodities (U.S.Dept.of Commerce. Index)..1935-39*100.
CONSTRUCTION AND REAL ESTATE
Construction cost indexes:
The American Appraisal C o . , average, 3 0 cities...1913*100,
At I anta
do..,
New York
do..,
San Franc I sco
do..,
St. Louis
do..
Associated General Contractors (all types)
do..,

600
650
630
551
601
432

DOMESTIC TRADE
Newspaper advertising:
Linage; total (52 cities)
Classif led
Display, total
i
Automotive
FI nanc i a I
General
Retai I...'
A I I reftal I stores:
Estimated sales (unadjusted), total U
Durable-goods stores:
Automotive group
Furniture and appliance group
Nondurable-goods stores:
Appare I group
Drug, and propr ietary stores
Eating and drinking places
Food group
Gasoline service stations
Genera I -merchand i se group
Estimated inventories (adjusted), total
Durab le-goods stores
Nondurab le-goods stores
£ / Revised.

thous. of lines
'..do..
do..
do..
do..
do..
do..

\J March 1955 figures are advance estimates.




I, 142
22,420
10,580
II,840

194,395
48,519
145,876
I 1,040
2,708
27,748
104,379

MONTHLY BUSINESS STATISTICS —Continued
1954

1955

ITEM
February

March

December

January

February

March

DOMESTIC TRADE - Continued
A M ret»: ! stores: •- Con + i rvjed
Firms with II or more stores, estimated sales:
Unadjusted
mil. of do I.
Adjusted
,
do...
Department store sales,, United States total:
Unadjusted index
1947-49=100.
Adjusted i ndex
,
do. . .

3,718
2,798

2,316
2,754

2,255
2,717

2,150
2,585

2,429
2,584

86
109

89
105

63,725
60,055
5,704
54,351
3,670

63,825
60,100
5,875
54,225
3,724

63,526
60,688
5,325
55,363
2,838

63,497
60,150
5,297
54,853
3,347

63,321
59,938
5,084
54,854
3,383

63,654
60,477
5,692
54,785
3,176

47,880
16,322
790
2,356
4,039
10,310
2,044
5,380
6,639

47,848
16,234
772
2,415
3,992
10,305
2,057
5,406
6,667

49,505
16,097
720
2,549
3,999
I 1,400
2, 109
5,479
7,152

r47,78l
r15,970
r7l4
r2,353
r3,93l
r10,458
r2,098
5,423
6,834

r47,786
rl6,IOI
71 I
r2,285
r3,94l
r10,347
r2,IO4
5,425
6,872

p48,248
p16,265
p7l3
p2,398
p3,970
p10,406
p2, 117
p5,460
p6,9l9

12,906
7,520
165
627
292
427
1,027
864
1,220
839
1,435
233
393
5,386
1,009
90
995
1,088
437
514
536
178
203
339

12,818
7,430
150
643
290
429
1,010
852
1,202
827
1,409
229
389
5,388
1,009
84
989
1, 101
436
517
539
177
199
338

12,682
7,263
109
687
294
437
1,002
844
I, 106
827
1,365
213
379
5,419
1,054
100
993
1,065

r12,556
r7,223
108
r654
r290
r430
rl,0l2
r836
rI, I 10
r8l8
r 1,388
212
r366
r5,333
rl,000
91
987
1,061
r433
518
529
rl69
211
r336

r 12,684
r7,324
rlO4
r667
r294
r436
r 1,034
r844
r I, 126,
r82l
1,409
212
r377
r5,360
980
r89
r995
r1,089
r432
r520
r529
r-169
r2l2
r345

p12,840
p7,442
plO4
p680
p297
p44l
p 1,064
p858
pi,142
p827
p1,430
p2l5
p383
p5,398
p98l
p83
p999
pi,102
p433
p525
p542
p IT I
p2l4
p348

104.3
104.6
140.5

103.6
103.8
138.4

102.5
102.0
143.6

101.5
102.0
141.8

M02.5
M02.7
r144.0

p103.8
p103.9
PI47.7

39.6
40.2
38.8
71.28
76.38
64.02
1.80
1.90
1.96
1.59
1.55
1.75
2.06
1.88
2.00
1.81
2. II
1.81
1.60
1.65
1.67
1.29
1.37
1.37
1.72
2.25
1.87
2.25
1.94
1.38

39.5
40.0
38.8
70.71
76.00
64.02
1.79
1.90
1.97
1.61
1.56
1.74
2.06
1.88
2.00
1.80
2. 10
1.81
1.60
1.65
1.68
1.32
1.36
1.37
1.73
2.25
1.87
2.25
1.93
1.39

40.5
41. I
39.7
74.12
80.15
66.30
1.83
1.95
2.02
1.64
1.59
1.80
2.14
1.94
2.04
1.84
2.19
1.86
1.63
1.67
1.71
1.30
1.37
1.35
1.78
2.31
1.93
2.28
2.04
1.38

40.2
40.9
39.3
73.97
80. 16
66.02
1.84
1.96
2.03
1.63
1.58
1.81
2.15
1.95
2.04
1.85
2.19
1.86
1.64
1.68
1.73
1.34
1.37
1.35
1.79
2.31
1.93
2.29
2.04
1.38

r40.4
r4l. I
r39.6
r74.34
r80.56
r66.53
rl.84
1.96
r2.03
1.64
rl.59
r 1.81
r2. 16
1.95
r2.04
1.85
2.20
rl.87
1.64
1.68
1.73
1.34
1.37
1.35
rl.78
r2.33
1.95
2.28
r2.04
rl.39

p40.7
p4l.4
p39.7
p75.30
p8l.56
p66.70
pi.85
pi. 97
p2.04
pi.64
p 1.59
pi. 80
p2. 17
pi.95
p2.05
pi.85
p2.22
pi. 87
pi. 64
pi. 68
p 1.74
pi.37
pi.37
pi.35
pi. 79
p2.35
pl.94
p2.28
p2.04
pi.39

200
I 17

91
118

p88
p I 12

e99
e I 12

EMPLOYMENT AND WAGES
Labor force (Bureau of the Census):
Civilian labor force
,
thousands.
Emp I oyed
do.. .
Agr icu Itural employment
do...
Nonagr icu Itural employment
do.. .
Unemp I oyed
do...
Employees in nonagricuItural establishments:
Total, unadjusted (U. S. Dept. of Labor)
do...
Manufacturing
do. . .
Mining
do. . .
Contract construction
do. ..
Transportation and public utilities
do...
Wholesale and retail trade
do...
Finance, insurance, and real estate
do...
Service and miscellaneous
....do...
Go ver nmen t
do...
Production workers in manufacturing industries:
Tota I
do...
Durab le-goods i ndustr i es
do...
Ordnance and accessories
do...
Lumber and wood products (except furniture)
do...
Furniture and fixtures
do...
Stone, clay, and glass products
do...
Primary metal industries
do...
Fabr icated meta I products J/
do...
Mach i nery (except e Iectr i ca I)
do...
E I ectr ica I mach] nery
do...
Transportation equipment
do. ..
Instruments and related products
do...
Miscellaneous manufacturing industries
do...
Nondurable-goods industries
do. ..
Food and kindred products
....do...
Tobacco manufactures
'..
do...
Texti le-mi II products
do.. .
Apparel and other finished textile products
do...
Paper and a I I i ed products
do...
Printing, publishing, and allied industries
do...
Chemi ca I s and a I I i ed products
do. ..
Products of petroleum and coal
do. ..
Rubber products
do...
Leather and leather products
do...
Manufacturing production-worker indexes:
Employment:
Unadjusted
1947-49=100.
Adjusted
do...
Payrol Is, unadjusted
do. ..
Hours and earnings:
Average weekly hours per worker, all manufacturing...hours.
Durable-goods industries
do...
Nondurab le-goods industries
do. ..
Average weekly earnings, all manufacturing
dollars.
Durable-goods industries
do...
Nondurab le-goods industries.
do...
Average hourly earnings, all manufacturing
do...
Durable-goods industries
do...
Ordnance and accessories
do...
Lumber and wood products (except furniture)
do...
Furniture and fixtures
do...
Stone, clay, and glass products
.....do...
Primary metal industries
do...
Fabricated metal products \J
do...
Machinery (except electrictl)
do...
E lectrical machinery
do...
Transportation equipment
do. ..
Instruments and related products
do...
Miscellaneous manufacturing industries
do...
Nondurab le-goods industr fes
do. ..
Food and kindred products
do...
Tobacco manufactures
do. . .
Texti le-mi I I products
do. . .
Apparel and other finished textile-products
do...
Paper and allied products
do...
Printing, publishing, and allied industries
do...
Chemicals and allied products.....
do...
Products of petroleum and coal
do. ..
Rubber products
do. ..
Leather and leather products
do. ..
r_l Revised.




£ / Preliminary.

525"
529
172
209
334

©/ Esttnated. _J/ Except ordnance, machinery, and transportation equipment.

MONTHLY BUSINESS STATISTICS — Continued
1954

1955

ITEM
February
FINANCE
Federal Government finance:
Gross debt (direct), end of month, total.......mi I. of dol,
I nterest bear i ng, tota I
do. .,
Pub I ic issues
do..,
Special issues
do...
Noninterest bearing
do. .
Obligations guaranteed by U. S. Government, end
of month
do*. .
Bonds:
Average price of all listed bonds (N.Y.S.E.) _[/... .dol lars,
Domest i c
'.
do..
Foreign
do..
Value, issues listed on New York Stock Exchange:
Market value, all issues J_/
mil. of dol
Domestic
do. .
Fore? gn
do..
Face value, all issues
f do..
Domest i c
do..
Foreign
do. .
Stocks:
Shares listed on New York Stock Exchange:
Market value, all listed shares
do..
Number of shares listed
millions

March

December

February

January

March

274,782
272,536
231,466
41,070
2,246

270,235
267,823
226,821
41,002
2,412

278,750
275,731
233,165
42,566
3,019

278,439
275,696
233,427
42,268
2,743

278,182

275,565
233,517
42,047
2,617

274,048
271,200
229,103
42,097
2,847

77

77

34

24

27

33

100.28
100.68
77.49

100.64
101.04
78.34

100.07
100.43
78.92

99.05
99.39
79.06

98.26
98.76
78.05

107,646
105,557
1,424
107,346
104,843
1,838

107,976
105,867
1,44 1
107,286
104,782
1,839

106,517
104,442
1,403
106,438
103,995
1,778

105,476
103,351
1,456
106,491
103,985
1,841

104,518
102,427
1,433
106,204
103,713

124,906
2,937

129,122
2,943

169,149
3, 174

171,155
3,208

175,588
3,236

40,887
35,21 I
5,676

45,166
38,918
6,247

49,887
43,427
6,460

50,404
43,955
6,448

46,269
40,230
6,039

rl,376
61,837
r739,767
182,715
35,213
r187,446
r84,057

1,541
63,338
832,420
210,086
40,182
209,157
80,987

1,494
71,775
t79,533
i90,937
33,068
203,628
102,368

r1,658
77,177
r893,237
r210,378

1,571
72,221
859,752
194,737

36,043

34,580
203,815

159,946
44,248
32,363
3,657
29,056

164,003
44,329
33,262
3,608
29,494

157,626
44,067
32,020
2,975
18,440

173,972

166,660

48,954
37,132

54,587
35,437

3,206
18,366

2.673
17,960

long tons
do. .

46,897
115,228

53,709
112,829

55,096
102,943

r56,9lI
r101,050

51,004
97,142

do. .
do..
do. .

53,356
49,060
183,405

55,835
56,060
184,284

58,456
64,130
150,175

69,929
r68,379

67,679
67,609
141,318

1,836

ELECTRIC POWER
Electric power, production, total
Uti lities
Industrial estab I ishments

mil. of kw.-hr
do..
do..

PULP, PAPER, AND PRINTING
Wood pulp:
Production:
Total, all grades
thous. of short tons
Dissolving and special alpha
short tons
Sulphate (paper grades)
do..
Sulphite (paper grades)
do..
Soda
do..
Groundwood
do. .
Defibrated, exploded, etc
do..
Stocks, own pulp at pulp mills, end of month:
Tota I, all grades
do..
Sulphate (paper grades)
do..
Sulphite (paper grades)
do..
Soda
do..
Groundwood
do..

r212,089
r103,91 I

96,573

RUBBER AND RUBBER PRODUCTS
Natural rubber:
Consumption
Stocks, end of month
Synthetic rubber:
Product ion
Consumption
Stocks, end of month
r/ Revised.

1/ Includes data for International Bank for Reconstruction and Development not shown separately.

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

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