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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE OFFICE OF BUSINESS ECONOMICS Available only with subscription to the monthly mogotine SURVEY OF CURRENT BUSINESS APRIL 24. 1953 SELECTED BUSINESS INDICATORS (§47-49-100 ISO BILLIONS OF KILOWATT-HOURS 10.0 (Ingofs and Sto! for Castings) ELECTRIC-POWER PRODUCTION By UTILITIES 140 130 120 5 *• JUKE -UlY I I I I I I i I I 1*1 I I*M I I i I 1 ! I I I I i ! ! i i I I i I I M I I I i 1 I I I M JAN FEB. MAR. APR, MAY JUNE JULY AUG SEPT. OCT NOV. DEC COTTON CONSUMPTION PRICES eff 420 INDUSTRIAL STOCKS (WEDNESDAY CLOSE) (DAILY AVERAGE) 40 30 20 1950 1951 1952 1952 1950 1953 1953 WEEKLY BUSINESS STATISTICS1 !953 19 52 Commodity prices, wholesale: A l 1 commodities 1947-49-100. . Farm products do Foods, processed , do A 1 1 other do 22 commod i t i e* 2/ . do Cotton, m i d d l i n g , 15/16", 10 markets 3/ dol. per Ib.. Wheat, No. 2, hard winter (Kansas City) 3/....dol. per bu.. Department store sales . 1947-49-100 1 nsured unemp loyment, tota 1 , thous . State programs do F i nance : Currency in circulation 3/. . mi 1 of dol Federal Reserve bank credit, total .... .do Member bank reserve balances do. . . . Excess reserves, estimated... . . . do Federal Reserve reporting member banks in leading cities :4/ Demand deposits, adjusted mi . of dol . Time deposits, except Government do Loans and investments, total do U. S. Government obligations do.... Commercial, i n d u s t r i a l , and agr loans (gross) do Real-estate !oans (gross) . do Failures, i n d u s t r i a l and commercial number.. Bond y i e l d s , domestic corporate (Moody's) 3/ percent.. Stock prices, 480 stocks (Standard and Poor ' s) .. 1935-39= 100. . I n d u s t r i a l s , 420 stocks... do Product ion : Bituminous coal 3/ thous. of short tons.. Electric power, by u t i l i t i e s .mi ' . of kw -hr Motor vehicles (Ward's) .....number.. Petro leum, crude 3/ thous . of bb 1 . . Steel 5/. 1947-49-100 Freight car loadings, total thous of cars Mi see 1 1 sneous do _!_/ Data do not always cover calendar weeks. 2/ Tuesday prices. comparable with earlier data, jj/ Week ending A p r i l 25, 139.4. * A,jr. 12 Apr. 19 98 4 .417 2.50 111 1, 182 1 152 *! 1 1 .8 *I08 7 *!08 0 *l 13 3 97 9 .410 2.49 97 1, 198 1 167 Mar. 21 Mar. 28 Apr. 4 **l 10 1 **!OQ 0 **!05 0 **l 13.4 90 5 .333 2.41 109 1,089 1,004 90 3 .329 2.40 1 12 1,056 976 89 5 .330 2.38 1 18 1,053 975 Apr. I I Apr. 18 109 6 98 6 103 6 1 13 2 88 2 .329 2.35 97 109 5 98 0 103 4 1 13 3 87 8 .329 2.40 28 542 23, 393 19,652 576 28 454 24, 109 20 . 2 1 8 993 29,726 ?6f 178 20,865 875 29 662 25,387 20, 148 280 29,799 25,0?3 19,305 -306 29 801 25,427 19,629 76 29 782 25 549 19,932 337 51, 176 1 6 , 600 72 9!7 3 1 , 006 21,049 5,657 184 3. 17 186.0 702 3 5 1 , 823 16,602 73, 108 3 ! , 24A 2!, 052 5..673 188 3. 16 182.9 198 5 54,479 18, ! 15 78,010 31,014 23,418 6, 159 160 3 30 199.2 216 1 53,275 18, 122 77,808 30,650 ' 23,337 6, 173 188 3.33 198.5 215 2 5 1 , 802 18,087 76,827 29,547 23,269 6, 176 171 3.35 193. 1 209 2 52,723 18, 189 76,882 29,736 23,297 6, 180 140 3 37 190.8 206 8 165 3 40 190.9 206 4 1,334 8 019 160,736 6,243 136 3 705 384 1 404 8 001 164,932 6, 171 138 8 721 377 1,343 7, 154 1 15,879 6,27! 80 6 691 354 1,532 7, 104 121,805 6,27! 126 8 735 366 1,353 8,078 159,329 6,39! 142 4 701 391 1,376 8,075 170,870 6,384 144 7 715 400 144,307 138 7 3/ D a i l y averages. 4/ New basis beginning March 7, 1953; not strictly Monthly index for A p r i l 1952. ** Monthly index for March 1953. MONTHLY BUSINESS STATISTICS Earlier data are a v a i l a b l e in monthly issues of the Survey and the 1951 Statistical Supplement 1953 1952 February March December January February March COMMODITY PRICES Wholesale prices (U. S. Department of Labor), indexes: All commodities 1947-49=100.. Farm products do. ... Fruits and vegetables, fresh and dried do.... Grains do. ... Livestock and l i v e poultry do.... Foods, processed do. . . . Cereals and bakery products do Dairy products and ice cream do.... Fruits and vegetables, canned and frozen do.... Meats, poultry, and fish do Commodities other than farm products and foods do.... Chemicals and a l l i e d products ...do.... Chemicals, industrial do.... Drugs, Pharmaceuticals, cosmetics do.... Fats and o i l s , i n e d i b l e do.... Fertilizer materials do.... Paint and paint materials do.... Fue I, power, and I ight i ng mater i a l s do.... Coa I do E I ectr i c i ty do.... Gas do Petroleum and products do. ... Furniture and other household durables do.... Appliances, household do.... Furniture, household do.... Radio do. ... Te levision do. . . . Hides, skins, and leather products do.... Footwear do.... Hides and skins do.... Leather do.... Lumber and wood products do. ... Lumber do. . . . Machinery and motive products do.... Agricu Itural machinery and equipment do. ... Construction machinery and equipment do.... Electrical machinery and equipment do.... Motor vehicles do.... Metals and metal products do.... Heating equipment do. ... Iron and stee I do. ... Nonferrous metals do.... Nonmeta I I i c minerals, structural do.... Clay products do. ... Concrete products do.... Gypsum products do. ... Pulp, paper, and a l l i e d products do.... Paper do. ... Rubber and products do. . . . Tires and tubes do.... Textile products and apparel do.... Apparel do Cotton products do. ... Si Ik products do Synthetic textiles do Wool products do Tobacco manufactures and bottled beverages do.... Beverages, alcoholic do.... Cigarettes do Wholesale prices of selected commodities: Butter, 92-score (N.Y.) dol. per Ib.. Eggs, extras, large (Chicago) dol. per doz.. Corn, weighted average, 5 markets dol. per bu.. Wheat, weighted average, 6 markets do.... Livestock and meats: Beef steers (Chicago) dol. per 100 Ib.. Hogs, a l l grades (Chicago) do.... Beef, .fresh, steer carcasses, good (N.Y.)...dol. per I b . . Pork, fresh, loins, 8-12 Ib (N.Y.) do.... Metals and manufactures: Pig iron, composite dol. per long ton.. Steel, composite, finished dol. per Ib.. Copper, electrolytic (N.Y.) do.... Lead, refined, p i g , desilverized (N.Y,) do Zinc, prime Western (St. Louis) do Wool, raw, territory, fine, scoured (Boston) do 112.5 107.8 112.6 101.7 106.2 109.5 107.4 I 15. I 104.8 110.8 114.2 105.9 117.5 93.4 51.2 109.6 108.7 107.2 108.8 98.0 107.0 110.4 112.4 108.0 113.5 I 12.3 108.2 123.9 102.0 105.2 109.2 107.5 I 13.3 104.9 I I 1.0 I 13.8 105.4 I 17.0 93. I 47.3 109.6 107.9 107.4 108.7 99. I 105.7 I 10.6 I I 1.9 107.4 I 13.4 ' 90.7 98.0 I 15.9 59.6 87.6 99.5 I 16. I 63.7 89.5 120.3 120.6 122.0 121 .8 125.2 121.6 120.0 122.6 114.0 123.2 125.0 112.9 121.4 112.4 117.7 118.3 123.7 143. I 133.4 102.1 101 .7 101.0 130.2 89.9 114.4 110.8 I I 1.2 105.0 0.845 .364 1.587 2.422 33,78 17.07 .562 .423 53.67 .0471 .2420 .1900 .1950 2/1.644 109.6 99.2 I 12.3 96. I 86.8 104.3 106.8 113.0 105.0 93.9 I 12.9 103.3 112.3 91.3 52.8 I 13.0 106. I 107. I 16. 98. 104. 107. 109.9 99.6 107.3 94.6 92 105, 109.6 97.9 M02.2 93. I 91.2 r105.2 107.6 I 10.9 r 105.5 98.2 I 13 I 103.6 I 13. I 91.4 52.7 I 12 105 I 10. I 100.0 105.9 94.7 91.7 105.0 108,9 109.7 105. I 94.4 I 13.4 104.2 I 13.9 91.6 59.0 I 12.8 106.0 108.5 I 14.8 100.7 109.5 109.0 113. I 107.8 I 13.7 95.5 75.6 98. I I 12. I 65.2 93.5 I 13. 95.0 74.9 99.0 I 12.0 70.6 92.9 I I 1.9 105.4 99.3 I 13. I 103.6 I 12.8 9!.5 53.5 I 12.9 106.2 107.8 I 16.3 99.6 108.0 107.9 112.7 107.4 113.2 95.0 74.5 97.3 I 12.0 62. I 92.0 120.5 120. I 121.5 121.8 126.2 I 19.6 I 19.8 124.0 I 13.8 127. I 122.5 I 14.6 124.0 I 12.8 I 17.7 I 15.8 124.9 127.3 126.3 98.8 100.0 97.0 141.4 88. I I 13.0 112.2 I 10.7 112.0 121 120 121 121 126 ! 19 I 19 r 124.6 I 13.9 1(1.2 105.0 I 19.7 I 19.8 121 .4 121.7 126.3 I 19.6 I i9.7 124.0 I 13.6 127.0 122.3 I 14.6 124.0 I 12.7 ! 17.7 I 15.9 124.9 127.7 126.3 98.2 98.3 97.7 139.7 87.8 I 12.6 I 10.8 I I 1.2 105.7 I 12.0 121.7 120.9 121.7 122.0 126.9 I !9.7 120.0 125.5 I 13.9 127.7 131.5 I 14.9 124. I I 12.8 I 18.3 115.2 124.9 125.7 126.3 97.6 99.6 93. I 141 .4 87.9 I 12.0 ! 14.8 110.0 124.0 0.738 0.678 0.670 0.668 0.668 .382 1.637 .489 1.597 .454 1.573 .443 1.525 2.436 2.568 2.530 2.505 .495 1.540 2.551 33.41 16.56 .560 28.77 26.04 17.98 23.41 19.39 .432 .464 21.98 16.52 .514 .402 53.67 .0471 .2420 . 1900 . 1950 2/1.600 56.31 .0498 .2420 . 1413 .1250 1.725 1/54.73 .0498 .2420 , 1419 . 1259 1.725 1/54.73 .0498 .2497 . 1350 . I 148 1.725 1/54.73 .0498 .2929 . 1340 . 1103 1,722 279,095 79,273 199,822 546,465 155,594 390,870 268,261 62,778 205,483 258,518 62,171 196,347 327,550 87,515 240,036 112. 107. 120.5 120.7 121.8 121.8 124.9 121.5 120.0 122.6 I 14.0 123.2 124.9 I 12.9 121 .4 I 12.4 I 17.7 I 17.7 123.8 142.0 133.4 100.6 101.6 99.6 129. i 87.3 I I 1.8 rl!2.0 .448 All .424 r!08 115 rlOO r!09 107.9 r I 12.9 107.4 r I 13.4 r95.5 r75.6 98.0 I 12. I 66.5 91 .9 r!27.5 124.4 I 14.6 124.0 ! 12.8 I 17.7 r l 15.3 124.9 126.2 126.3 98.5 99.9 r96. I 141 rl I 1 rl I I rllO 20.50 .392 .479 DOMESTIC TRADE Mail-order and store sales,total,2 companies..thous. of dol.. Montgomery Ward & Co do Sears, Roebuck and Co do 246,182 67,879 178,303 JP/ Revised. _[/ See note on corresponding item in the A p r i l 1953 Survey. 2/ Nominal price. MONTHLY BUSINESS STATISTICS—Continued Earlier data are a v a i l a b l e in monthly issues of the Survey and the 1951 Statistical Supplement 1953 1952 February March December January February March FINANCE Federal Government finance: Rece \ pts, Treasury, tota 1 Rece i pts , net Customs 1 ncome and emp 1 oyment taxes Miscellaneous internal revenue Expenditures, tota 1 1 nterest on debt .... National defense and related activities mil of do 1 do do. ... . do do.... do. ... do do 6,194 5,553 43 5,258 805 5, 105 142 3,146 10,800 9,886 44 9,816 825 5,704 689 3,414 6,350 6,003 51 5,024 939 7, 124 1, 146 4,081 5,232 5,061 51 4, 130 842 5,737 235 3,632 6,300 5,479 43 5,294 856 5,595 311 3,501 mi 1 of dol do do do 1,344 1,331 893 902 1,447 1,434 964 972 1,390 1,380 1,051 1,021 1,276 1,265 927 914 1, 194 1,183 855 847 136 120 192 146 140 72 277 49 149 133 111 196 141 139 66 257 47 149 131 111 191 152 131 69 248 45 144 134 108 184 154 128 62 278 44 151 130 97 181 146 1 14 57 275 45 149 132 92 184 142 130 60 273 45 154 8, 185 1,012 2,084 3,992 1,747 1,550 9,264 2, 161 1,516 2,621 845 993 24,003 8, 1 13 10,456 792 449 173 79,262 21,625 46,558 827 564 137 69,294 8, 145 51,776 1,376 768 194 73,260 7,429 56,584 1,745 976 203 9,481 32,248 5,826 636 29,072 7,787 27,248 6,805 864 24,341 7,659 33,489 13,979 2,470 23,372 6,877 22,037 6,708 321 23,399 r7,005 18, 195 6,884 239 1 5 , 809 9 , 402 2 1 , 403 6,796 240 19,833 21,005 63,778 17,065 5,844 1 44 , 640 19, 160 61,849 11,785 5,321 124,865 13,415 62,039 25,041 2,892 260, 102 1 1 , 902 51,032 21,592 2,685 240,966 10,717 46, 101 19,819 2,254 231,647 7,992 37,288 12,734 2, 186 217,258 343 985 5,779 990 397 927 5,776 971 523 1,252 7,251 1,218 453 1,313 6,267 1,289 422 1,170 4,550 1,088 535 1,299 4,962 1, 190 10,753 7,879 166,040 5,983 6,505 155, 195 20,061 72,723 238,803 15,265 85,737 227,499 r 10, 775 r99,557 r2!8,37l 6,432 129,261 225,730 do.... 471, 101 398,699 466,735 348,023 455,479 534,933 481,129 494,893 r496,233 r450,265 449,336 416,625 thous. of cases.. thous. of Ib.. 942 60,576 1,209,783 265,700 13,532 793,870 270,397 1,596 84,295 1,242,349 267,437 14,896 822,006 232,832 153 50,176 921,974 286,299 21,912 489,152 278,595 120 34,980 1,038,030 287,258 20,816 595,546 261,072 248 r42,4!9 r 1,043, 480 r274,457 r23,670 r604,8!3 r 220, 606 376 65,077 989,299 252,339 20,883 570,491 174,597 32,439 293,390 40,217 554,917 553,279 1,473 24,680 692,525 221,145 r862, 191 r860, 1 15 r 1,240 388,838 194,722 123,853 596,070 593,793 1,602 69,484 469,755 149,498 576,630 574,789 1,587 34,014 398,576 143,730 546,884 545,674 1,513 627,988 192,443 848,936 847,848 18,553 7,253 7,826 3,473 17,912 6,705 7,729 3,478 16,369 6,469 6,662 3,237 16,683 6,394 6,893 3,396 16,385 6,638 6,639 3,108 1 1 , 870 10,502 56 10,719 993 6,187 563 3,789 FOREIGN TRADE Exports i n c l u d i n g reexports total I/ Exports of U S merchand i se 1 / General imports, total Imports for consumption.. . TRANSPORTATION Freight car loadings: Federal Reserve indexes, total, adjusted 1935-39-100 Coa 1 do .... Coke do Forest products . do Grain and grain products do. . . . Livestock . . do Ore do ... Merchand i se, 1 .c. 1 do. ... M i see 1 1 aneous .. . . do Freight-car surplus and shortage, d a i l y averages: Car surp 1 us number . . Box cars do Coa 1 cars do Car shortage do . . . Box cars do Coa 1 cars ... . .. do FOODSTUFFS AND TOBACCO Grains: Receipts, p r i n c i p a l markets: Barley Cor n Oafs thous. of bu.. do .... do. . . . Wheat •' • do. . . . Stocks, commercial, end of month: Bar ley do. . . . Cor n do .... Oats do. . . . Rye do. . . . Wheat do. ... Livestock slaughter (Federally inspected): Calves thous. of animals.. Catt le do. ... Hogs do .... Stocks,- cold storage, end of month: Apples fresh Butter creamery Cheese total Fruits and vegetables, frozen: Fru i ts Eggs: Shell Frozen thous. of bu.. thous . of 1 b . . do. . . . Sugar, U. S., d e l i v e r i e s end supply (raw value); Product i on short tons , . Stocks, raw and refined, end of mo... thous. of short tons.. Tobacco, manufactured products: Product i on , tota 1 thous . of 1 b , . Snuff do.,,. £/ Revised. J./ See note on corresponding item In the A p r i l 1953 Survey. MONTHLY BUSINESS STATISTICS—Continued Earlier data are available in monthly issues of the Survey and the 1951 Statistical Supplement 1953 1952 February March December January February March LEATHER Leather production: Calf and kip Cattle hide Goat and kid Sheep and lamb 805 1,862 2,513 2,279 732 1,753 2,430 2,081 994 2,093 2,989 2,243 930 r2, 123 r2,802 2,215 857 1,995 2,719 2,368 thous . of short tons . . 8,657 101 9,404 102 9,690 106 9,897 99 8,932 99 thous 6,358 757 158 268 795 71 1 138 1 ,534 158 171 437 359 448 6,890 801 193 317 872 784 162 1 ,609 156 170 431 478 465 7, 105 865 21 1 395 857 720 153 1,843 179 196 422 373 454 7,068 853 146 358 832 714 166 1,851 190 203 418 433 458 6,533 779 !56 335 804 659 148 1,695 167 183 395 373 435 short tons.. do ... do.... do.... 80,876 95,979 104,795 59,747 87, 1 10 94,563 1 12,719 58,487 85,239 1 13,965 143,088 58,858 81,625 108,010 125, 133 59,836 r83,653 101,538 1 17,204 60,944 99,932 1 12,016 133,462 55,807 . short tons do. ... ... . do . . 829,300 355,200 867,800 923,000 380,400 880,500 1,077,600 478,400 1,029, 100 97 1 , 800 ' 455, 100 985,500 968,700 437,300 973,800 1, 156,300 567,500 1,072,900 769,641 735,251 697,984 893,806 765,778 772, 176 21, 126 19,854 9,265 471 8,696 127 21, 159 19,885 9,040 452 8,478 122 21,680 20,314 12,282 501 1 1 , 52 1 136 21,622 20,277 10, 179 518 9,561 140 21,575 20,221 10,251 513 9,635 140 ... . . thous. of skins.. thous of hides.. thous. of skins.. do. . METALS AND MANUFACTURES Steel, ingots and steel for castings: Product i on Steel products, net shipments: Total . Bars, hot ro 1 1 ed : A l l grades Reinforcing Semimanufactures Pipes and tubes P 1 ates Rails Sheets ; Strip* Cold ro 1 led . Hot rol led Structura 1 shapes Tin plate and terneplate Wire and wire products Copper : Production: Mine or smelter Re f i ner y ... .. Deliveries, refined, domestic... Stocks, refined, end of month of short tons.. do. ... ..do... do . .do do -. do.... do. . . . . . do do do .... . do do 10,153 102 PAPER AND PRINTING Paperboard : Orders, new . Orders, u n f i l l e d , end of month Product i on TEXTILE PRODUCTS Cotton: _i/ Consumpt i on ba les . Manufactures: S p i n d l e activity (cotton system spindles): Active spindles, last working day, tota 1 ... .thousands. . Consuming 100 percent cotton do Spindle hours operated, a l l fibers, totaL.mil. of hr . . Average per working day do Consuming 100 percent cotton do. ... Operations as percent of capacity jr/ Revised. _[/ Data for January 1953 cover 5 weeks; other months, 4 weeks. UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300 FIRST CLASS WASHINGTON 15, D. C. OFFICIAL BUSINESS Permit No. 1009 WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS 2 1 , 632 20,290 9, 183 483 8,637 131
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