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SURVEY OF C U R R E N T BUSINESS W E E K L Y SUPPLEMENT UNITED S T A T E S D E P A R T M E N T OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE A P R I L ~fti5t 1 9 4 7 SELECTED BUSINESS INDICATORS STEEL INGOT PRODUCTION ELECTRIC POWER PRODUCTION (BILLIONS OF KIUOWATT HOURS) mm«m°\oo) PRICES OF 3114 INDUSTRIAL STOCKS mm/mm? (THOUSANDS Of VEHICLES) COTTON CONSUMPTION (I93S-39-100) 178 MOTOR VEHICLES PRODUCTION " (DAILY AVERAGE- THOUSANDS OF BALES) jwnthu data m$s. ii© too AT ra --UL.I 1, 1 1 1,11 l,t I J 1946 1945 1944 1 i 1 1, 1 It. LI >1,1 J. l.i I i f 1.11... «• • « • i«1 • • 11 • 1 » « « • « 1 » i « 1944 I I I f 1 I I II 1 1 WEEKLY BUSINESS STATISTICS^ 1946 m i Apr. 19 Agr.12 Apr. g Apr.20 Apr.13 19U7 i r w Apr.19 1946 Apr.12 Jpr. g Aapg. 20 Apr. 13 QOSSSOdity p?i©@®9 finance - Continued. ^ V 148.1 H I coaaoditlas I/.0,00.... 109.6 109.3 Member baak raaarre balancea...tiil. of dol.. 15.987 15.93^ 15.5&0 15.395 159406 180.1 135.4 135.1 'Stem protests* 827 feoeee reeenrea, eetiaated do.... 572 833 163.0 U0.4 feooA........................... 4o... federal Beeerve reporting member baakei 109.9 103.1 102.8 A n @t>Ja» 2/0............. do... Bepoaita, demand, adjuated...ail. of dol.. 39.213 38.667 38,206 37.748 . 37,259 132.1 190.3 190.3 loans and iareBtmente, total........do.... 55.300 5^,931 54,846 65.515 28 esssao&iti®® 3 / , . . » » . . . . Jasguet 1939«100. 319.5 327.5 0 . 8 . Qoverment obligations 2/...do.... 34,814 34,296 34,151 47,050 Oottoa, aiddling, 15/l£*( 10 aerate 4/ .3^6 .277 dol. per lb. Comer., Indue., and agr., loane..do.... 11.077 11,180 11,171 7,509 .347 7,560 .275 2.69 2.71 Wfe®&t4 Boo 2, 8d«Via.(X.0.)....4ol. per bu. Failure®, commercial... nuaber.„ . J * . 16 24 1.72 59 5/ 71 266 Bepartaent ©to?® aalee...........1935~39a3£0. Bond yield* (Moody's). ...percent.. 2.66 2«9 262 2.78 2.78 2.65 2.78 Insured uneopleyi&ent „ total 6/ .thous. Stock prlcaa (402 stocks) 1935-39*100., II6.3 3.381 120.5 123.6 153.1 152.1 1.568 Production! Stat© program................. .do..* 1.750 1,761 Veterans' gregma®... .„&©... Bituminoua coal 4/....fchoue. of abort tone., 129 119 1.175 * 798 4,693 finaa©®* Electric power all. of k*»hr.« 4,015 4,620 S&ak debite, s®ab®e tenka 101 oitiaet Motor vabides (Wards) 8/ ..sorter., 103,148 97,893 97.385 49,425 14,981 4,892 Sotal of dol. 16,154 14,089 Petroleum thoue. of bW... 4,691 4, 5,602 187.0 152.8 M m *ork Oity.....................do... Steel 2/ 1935-39*100., i*5°2 7,576 7.167 154.6 18 28,240 715 Ourroncy in circulation ....do... 27.952 27.' freight carloadinga, total....thoue. of cars., 651 758 385 ffedoral Beaertro Isaaak credit, total....do... 22,474 22,893 22.857 22,1 Miecellaneoua.. do.. 3J5 377 i f Date, do not always s©t@» calendar weeks. S m not* in January 1, 1947 ieeue. 1/ Ehnreday pricea. 4/ Dally average. %f Ho quotation* ~§J Data from Federal Security Xcpsncy @ m soft® is, July 13» 1946 iasu®» Tj ireot and guaranteed. 8/ Data axe for u.•S. and Canada and Include paaaenger care, commercial oars, and t rucks. April ?6, m p • % § MONTHLY BUSINESS STATISTICS Surlier data » © amiislsle 3a smthly iasuee the Starve aad the 1942 Suppiesen* « m s i 1947 March 1947 January_ february m&m ffimMml® pvioaa C^o^o^p^tosat rf @o»l»&aed la&m 1/ .1926*100. .Seoaejais olaaaaal Maauf&stweA preduef,® 149.6 108 .9 141.5 144.6 143.5 163.2 145.9 issaiasaa'Bfastwed ..do.. 1K..6 Yarn products........... •adO.. ..do.. OaralAft......... Liveetook end poultry _ 0o9BBoditi@s other than' f a m produete 1/ 142.2 1926«100.. 167.6 iPoode......... »»do»... 150.4 Cereal products.... .do.... 157.6 £airy produete....... ..do.... bruits and v e g e t a b l e s * . . . . d o . . . . 141.5 Meats.............................do.... 207.3 Ooaaoditlea other than f a m product a and. food^l/.,............,... 131 ^uildisr aatarlala .do.... 177. Ir&ek. m & til®........ v.. .>.. „. .do,.. • 132, 112.3 .do •.«. .do... * 104.5 120.5 100.4 133.4 136.7 133.5 136.7 139.9 154.9 142.1 170.4 171.1 103.4 109.4 136.1 116.1 m 131.6 183.4 141.3 161.8 134.2 199.5 127.6 128.6 wi ' Sm mil» 1 , &m% p@g©» Earlier data are available ia monthly iagues of the Surrey and the 1942 Supple&ent 1947 1946 March , March 1947 January ffebroaiy o o m o m n PSIOSS - Continued m ft/ 1946 96.2 133.1 109.6 102.2 124.9 U7.4 102.3 I67.6 107.8 152.1 13818 165.0 162.6 I89.6 156.2 169.7 132.2 108.3 249.9 171.2 201.5 138.8 162.0 174.8 132.3 109.9 263.6 173.9 Vbolaaale pricee - Continued. Comoditiee other than fara products and foods,1/ » Continued. Ohmioala^aaa KLiied prdaucta..l926«100. OhMBicala*.... do... firues and pharmaceuticals,......do... fertiliser Material*...... do... Oils and fata ......do... Vuel and lighting aateriale. do... Electricity .do... Petroleum produete. Bidee and leather products. Hides and Leather... .do., .do. .do., Boueefurniehings. .do. Vumlahinfa........ ...do.. furniture..... ..do. Metale and aetal produete i/.....,.do.< Xroa and ateel do. Metala, aenfevvoua... ......do. fluabing and heating equipment., .do,, 132.2 114.5 182.7 101.8 231.5 100.8 (a) <*> 81.7 174.6 192.2 183.7 171.5 125.8 131.4 120.0 140.6 126.9 139.0 117.9 96.0 97.0 111.7 81.9 102.1 85.O 6S.3 8.1 119.8 117.6 104.0 128.6 106.9 110.9 102.9 108.4 107.0 86.1 95.1 128.1 112.7 181.7 99.9 210.6 97.7 U) 80.8 76.5 175.1 198.5 181.6 170.6 123.3 128.4 118.2 138.0 123.9 130.5 117.0 129.3 113.8 I82i5 99-2 214.3 97«f (a) ? d 173.8 191A 181.1 171.5 124.6 129.6 119.5 138j6 125.0 131.3 117-1 M O N T H L Y Earlier data are available in monthly issues of the Surrey and the 1942 Supplement COMMODITY PRICES - Continued 19*7 19*6. B U S I N E S S 19*7 January februesy S T A T I S T I C S - Continued Earlier date are available in monthly issues of the 8 u a n d the 1942 Supplement 1947 1346 febrtaary Pebruary December Janaas*f JSCPLOTMEHT COHPmON'J AND Wj&ES Labor turn-over in lufg. establishments: Wholesale prices - Continued.. Accession rato...ap„rate per 100 employees.. 6.8 4.3 Gommod. other than farm prod.^ etc.l/-Uoni 1 Separation rate, total do.... 104.7 136.6 139.6 138.0 Textile products......".....19^100.. 6.3 109.5 .4 132.4 132.7 Discharges..... .......... .do.., If Clothing, .do.... 132.9 .8 184.6 • Lay-offs do.. 193.7 1.0 Cotton goods do.... m 1.7 .9 99.3 Quits do.. 100.0 3.0 Hosiery and underwear do.... 3.1 100.8 3.9 75.5 3.5 30.2 33.8 Military and miscellaneous..........do.., 37.0 .1 .1 Bay on do.... .2 _.r 37.0 101.2 80.2 Productions worker pay rolls, all mfg., xmadj (a) 73.2 Silk .do.... (U.S. Dept., of Labor) Z} 1939=100 120.8 121.9 r306.2 r2l4.3 112.7 Woolen and worsted goods do.... 310.7 127.5 '307.3 UO.3 Durable goods. do.. 110.9 rZ04.2 Mi scellaneous do.... 115.3 95.6 '339.8 '337*3 3**.5 Iron and steel and their products...do... 73.0 rl32.6 73.0 r27b.2 Automobile tires and tubes do.... 73.0 r2S7»9 73.0 287.8 Blastfurnaces, steelworks, etc..do... 47.6 141.9 1*3.4 Paper and pulp do.... 145.1 113.7 208,9 193.9 209.3 Electrical machinery do... r2l4.2 Wholesale prices of selected commodities! r424.6 r*30.2 422.5 r264.0 Machinery, except electrical........do.. Coal, bituminous, mine run, compoulte r405«4 '399.9 408.3 6.207 5.454 6.226 239.* Machinery and machine shop prod...do.... 6.3*9 dol. per short ton.. 348.8 346.* 3*9.3 258.2 Machine tools do.... .269 .13* .272 Coffee, Santos, Ho. (IT.Y.) ...dol. per lb.. .277 252.7 r290.7 278.9 rl47.6 Automobiles...-..: do.. Cotton, middling, 15/16*, average, 10 r321.1 r328.9 337.3 r509.* .268 Transportation equipment,exc.autos..do.. .352 .319 markets ., ..dol. per lb.. •333 S»564.1 '571.2 559.3 520-7 Aircraft and parts (exc. engines).do.. Cotton cloth: 683-3 674.8 673.8 369.1 22.57 51.60 Aircraft engines. do.. 52.36 53.37 ' Mill margins cents per lb.. '533«7 5*1-7 513.1 .110 Shipbuilding and boatbuilding do.... .192 .248 Print cloth, & x 60 dol. per yd.. '399.1 530.4 394.2 375.5 •*73 .666 Nonferrous metals and products do •M .709 Butter, 92-score (Hew York)....dol. per lb.. '356.3 r226.9 r35*.8 361.0 .332 .418 Lumber and timber basic products....do. .388 •378 Jtiggg, XI.S. standards (Chi.)...dol. per doz.. r290.6 r205.6 r292-2 310.* Sawmills.......... do Grains and grain products* 123.0 rl63.fi 163.4 175.6 l.a furniture and finished lumbar prod..do.... 1.31 .99 1.59 Corn, weighted avg., 5 akts..dol. per bu._. '279.1 r282.1 r208.$ 292.3 2.67 2.28 2.18 furniture . do .. Wheat, weighted" avgr,~6 markets.... .do.... 243.0 234.8 176.7 1.75 Stone, clay, and glass products.....do.. wheat flour, standard patents 278.4 r281.6 r280.0 r210.0 13.66' 11.52 11.62 Nondurable goods.. do.. (Minneapolis) dol. per bbl.. 277-7 r275.8 '275-5 r224.1 6.55 Textile-mill products, etc..........do.... 262.0 nicies, packers', ciettvy, net:'.ye steers '253.7 r202.5 .228 .238 .231 r Cottonrnfrs.,except small wares..do... .155 dol. per lb.. m 301.2 309.1 230.0 'Silk and rayon goods do... Livestock and meats: 201.3 197-9 206.9 158.3 16.26 22.16 21.94 23.30 Woolen and worsted manufactures...do... Beef steers (Chicago)....dol. per ICO lb.. 251.8 275..0 253.0 226.9 14.80 27.10 22.45 25.70 Apparel and othor finished textile Hogs, all grades (Chicago) do.... products. 1939=100. Beef, fresh, native steers (Chicago) r236.l r302.4 315.5 '292.7 .202 .362 •371 M e n U clothing........... ...do... dol. per lb.. 210.4 209.0 158.1 210.7 .264 .509 .505 Women's clothing .do... Pork, fresh, loins, 8-10 lb.(Chi.)..do.... IS3.O 171.9 159.1 153.3 Leather and leather products do... lumber: 222.9 r220.& r218»3 '195-9 Soots and shoes , do... Douglas fir, dimension, lio.l, cowaon, 198.6 174.1 19*. 7 60.27 58.80 37.36 food and kindred products do... 51.9* 2 x 4 - 16 dol. per M bd. ft.. 243.0 rjlll r2l4.7 '263-3 Raking do... Southern pine, boards, No. 2, common, 9 201.1 181.2 209.© 19*.5 71.46 46.03 69.48 72.42 Canning and preserving do... l"x 6"or S x 12'..dol. pern M bd. ft.. M 158.2 137.9 136.6 r201.1 4<>.6o 48.51 50.99 Slaughtering and meat packing do... 35.77 Ponderosa pine, £0.3, common,l x S .do»... 237.8 268 ,0 199.* 236.9 Tobacco manufactures do... Metals and manufactures* 201i0 209 Ji 165.2 222.0 26.32 30.86 30.86 Paper and allied products ....do... 33.55 Pig iron, composite....dol. per long ton.. 287.4 j?2S4«3 r228.0 r2S4.5 .030 .033 Paper and pulp do... .033 Steel, composite, finished...dol. per lb.. .033 245*6 20^.6 250.5 r244.9 .024 Printing, publishing, do... .025 .025 Structual steel (Pittsburgh) do.... .025 rl77«* 221.7 '223.9 36.69 31.63 Newspapers and periodicals ...do... I8.75 Steel scrap (Chicago),.dol. per long ton. 29.75 1S5»2 148.9 191.0 189.7 .209 Printing, book and job do... .194 Coppar, electrolytic (H.Y.)..dol. per Ib.i .118 .193 193.9 235.2 234.2 239.* .150 Chemicals and allied products do.... Lead, ref., pig, desilverized (H.Y.)do.... .132 .065 .129 r310.T 372.5 '362 '357.0 .105 Chemicals*. do... Zinc, prime, Western (St. Louis).•..do.... .105 .083 .105 272.5 323.5 321.6 313.* Products of petroleum and coal do... Petroleum and products: r227.1 256.8 '250.9 '253«9 Petroleum refining .do... Crude petroleum (Kansas-Oklahoma),at wells 217.4 228.8 r2J0.2 1.710 1.110 1.560 1.560 Rubber products. .do,.. dol. per bbl., r38S..-? r287.7. '392.2 386.0 .167 .161 .145 Rubber tires and inner tubes do.... .161 Gasoline, tank wagon (N.Y.).dol. per gal. r36l.2 357.7 "271.5 r368.9 .079 .080 Sugar, refined, gra8ulated(H.Y.)dol. per lb.. .080 Pay rolls, 'nonafg.,anad".:(U.s.Dept.of Lab.):2/ .059 Mining: ~ 1.155 1.195 Wool, raw, territory, fine, scoured...do.... l.l6p "."995 r202.0 178.3 184.7 a2.3 Anthracite.......'. ;... .1939*100. CONSTRUCTION USD REAL ESTATE r265„U 222.8 2*8.7 258.3 Bituminous coal. ....do... Contract award;,, 37 States (f.WJDodge Corp.): 92.8 rl56»S 162.0 159.3 Metalliferous... do... 32,268 24,321 Total projects number.. 27.619 *2,573 205.6 204.0' 221.9 Quarrying and nonmetallic. do... 157.2 Total valuation. .thous. of dol.. 571.628 442,197 153.8 '153-S '1*7.1 Crude petroleum and natural gas.......do... 142.0 Building, total .do.... *57.73l 351,649 Public utilities! . Construction cost Indexes: 138.3 161.6 163.7 159-5 Electric light and power............do... 404 294 381 Amer. Appr.Co.: Avg., 50 cities... 191>100.. 390 187.2 213.6 216.6 219.3 Street railways a M busses .do... 434 314 419 410 Atlanta do.... 190.5 139 176.9 185 .4 Telegraph .. ^ do... 420 298 $ New York do.... 390 ^267.5 264.5 269.4 230.7 Telephone .do... 273 San Francisco. do.... 353 3 Services: 288 St. Louis do.... 375 204.7 383 213.8 199.1 Dyeing and cleaning.. ......do... 219.5 196.1 201*0 301.0 177.0 Power laundri es .do... METALS AKD MAHUPACTURES 216.6 215.1 199.& 218.8 Tear-round hotels....: .....do... Copper: I87.0 187.7 r212.2 Retaii trade do ... 157.1 Production: 190.7 1S9.7 197.2 I65.O Wholesale trade. .do... 84,270 41,832 r78,256 r74,46l Mine or smelter.... .....short tons. 20,139 88,131 CHEMICALS AE3D ALLIED PRODUCTS 80,144 Refinery. do... 77.591 58,590 1*3.692 123.590 Deliveries, refined, domestic do... Paint sales: 70,249 69.727 76,680 w Stocks, refined, end of month do... Calcimines, plastic and cold-water paints: Oil burners: Calcimines...... thous. of dol. Orders, new, net number. (a) 83.I7O r87,872 118,268 100' 101 91 rS3 Orders, unfilled, end of month do... (a) 502,100 r1,008,813 1.045,909 Plastic-texture paints do... 186 227 «T r81,*39 Shipments do... (a) Cold-water paints: 81.172 rl0,487 Stocks, end of month do... (a) In dry fon»..... .do... 262 11.903 351 r*03 In paste form, for interior use...do... 2U0 333 '307 PAPER AND PAPERBOABD Paint, varnish, lacquer, and filler at Paperboard: Total........... do... '83,788 61,239 5*. 573 73.538 7*7.358 75*.872 802,016 713.83* Orders, new ..short tons. Classif iedt total .da... 48,891 r74,210 72.925 66,131 5*9.929 586,121 577.777 549.m Orders, unfilled, end of month do... Industrial do... '32,405 17,643 30,3*2 747.115 710,987 77*.667 718,072 Production,. do... Trade do... r4l,S04 31,248 35.789 Waste paper: Unclassified. do... 5,682 8.36* 7,*07 t%57$ 456,127 *12,,718 450,,7*0 r4l6,935 Oleomargarine: Consumption ... do... r27*,850 266,879 211,335 313.398 Stocks, mills, end of month do... — — Consumption (taac-pd. withdrawals)thous. lb. 66,*TO 66,262 57.680 44,625 Production........................^..do... 67,755 59.771 67.9*6 *5.50£ TEXTILE PRODUCTS Cotton: BDBBIiR AND ROBBER PRODUCTS Consumpt ion bales. 875,124 804,290 9*7.036 840,463 Tires and tubes: Spindle activity: Pneumatic casings1 Active spindles thousands. 21,954 21.953 21,9*7 Production ..thousands. 5,801 7.915 21.919 '7.511 Active spindle hrs.,total..mil. of hours. 9.590 20,030 9.133 Shipments. .do .. . r5.*60 7.360 ^.137 Average per spindle in place.....hours. 421 402 Original equipment .do... 1.922 476 Operations percent of capacity. 125.4 u2!l 125.6 Stocks, end of month. do... 123.3 3.328 '3.595 Inner tubes: TRANSPORTATION EQUIPMENT Production... .do... r*,84l 7.8*1 J-7»*Q2 8,719 Passenger cars, production number. 90,045 252,100 263,998 302,95* Shipments. .do... '7.9231 7,188 Trucks and truck.tractors, production...do... 117,217 39.320 102,727 114,909 Stocks, end of month ........do... r*,302 M S '3.220 5.075 tJ Revised, a/ Data not available. 1/ Motor vehicles are included at current nrieM feuHnniv.^ noiiC. a „. . M U c h 1947 indexes calculated with ^ i l 1 9 42 motor, reMcl. ^ ^ ^l^^mSuiSShL'SE?? ^ ^ ^ ^ ^ J modities other than farm product, and foods, 128.1; metals aid metal products, 126.3. g! ^BaiL^ent aM^ paTSoSs^ T T ^ V™****'.«».«« cobt o t a l manufacturing, total durable goods nondusw uhlfl good. fnoHo Bid and t.h« m m m • .. ^ , ^ ^ manufacturing, total durable and MrMrn cbl. tb. 4n<!n.fci«r Industry »roup. b « i r.-rt.k gv.ij i n n i1n g ,«».- Ji _ ^ . .ti. ^ ip«y Z L ^TOXXS l Zxor axj. « «eood« * • andtotal a dftta on the revised Ifeekly Suoplenent. & &