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April 29, 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, 1947-49 = 100 INDEX, 1947-49= 100 175 175 STEEL PRODUCTION (ingots and steel for castings) 150 - - 150 125 - 125 100 100 JAJ 1952 1953 J F M A M J 1955 1954 INDEX, 1935-39= 100 J 75 A S O N D INDEX, 1935-39 = 100 500 Monthly PRICES OF 420 INDUSTRIAI STOCKS 500 Weekly (Wednesday close) 400 400 - ,1955 300 300 —^-> 200 100 AAI 1 1 l l 1 1 1 l J[ I I 1 1 l 1952 • I • . 200 - ^ i i i i • • i i I i i i i i i i 1 I 1 1 1 I i 1 i 1954 1953 INDEX, 1947-49= 100 120 1955 l I I I 100 i J F M A M J J A S O N D THOUSAND BALES 50 COTTON CONSUMPTION CONSUMER PRICES (daily average) 1 15 4 0 "A M M 1 10 — All Items v\ 30 Food 105 - 100 - MJ.J-lJ-UJ.-Ll- 1952 1 1 1 1 1 1 1 1 1 11 1 11 1 1 1 1 1 1 1 , 1, 1953 1954 , , , ! !955 \ - D i n/v V 1 Yl \ 20 10 (hi i l l 1 - - 1111 11 II 1 1 ! 1 1 1111 1i 1 i i i i t t 1 ! i 1 1 1 1 1 1 1 WEEKLY BUSINESS STATISTICS1 1954 1955 ITEM Apr. 17 Commodity prices, wholesale: Al1 commodities... Farm oroducts.. Foods, processed All other . 22 commodities 2 / do Insured unemployment, total 3/ „ thous.. do.. State programs. ,.••• Finance: Currency in circulation 4 / Federal Reserve bank credit outstanding, total do.... Member bank reserve balances do do.... Excess reserves, estimated Federal Reserve reporting member banks in leading cities: Demand deposits, adjusted, .. .... •••• ....mi 1. of dol.. do. .. Time deposits, except Government Loans and investments (adjusted), total. do.... U. S. Government ob11 gat ions.......... 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.. do.... Industrials, 420 stocks Production: Bituminous coal 4/ thous . of short tons.. Electric power, by utilities .mil. of kw.-hr.. Passenger cars and trucks (Ward's) .........number.. thous . of short tons.. Stee J 5/ Percent of capacity 5/ Freight car load ings, total Miscellaneous , .thous. of cars.. do.... Apr. 2 •1 1 1.0 .... 1947-49=100.. do.... do.... do.... Apr. 24 92.6 1 18 2,410 2,206 *Q9 A •105.9 •114.5 93. 1 101 2,399 2,202 89.8 1 14 1,727 1,519 29,810 25,404 19,293 708 29,692 25,493 19,566 918 29,770 24,848 18,388 460 52,933 20,254 78,175 31,298 22,558 6,542 198 3.11 213.7 234.3 53,736 20,263 78,261 31,452 22,348 6,544 229 3.12 213. 1 233.8 55,590 21,546 83,455 32,885 22,707 7,474 237 3.20 277.7 31 1.5 1, 123 8,345 139.624 6,590 1,622 #68.0 613 342 1, 141 8 257 147,152 6,586 1,636 #68.6 626 337 1,361 9,804 206,262 6,807 2,278 94.4 659 374 Apr. 9 Apr. 16 Apr. 23 1 10.4 Q? .5 103.0 1 15.7 89.8 122 1,706 1,503 1 10 5 QA 3 102.6 115.7 90.3 103 1 10.3 92.2 102.4 115.8 90.4 29,925 25,011 18,791 547 29,854 24,977 18,841 638 29,724 24,986 18,810 609 55,086 21,581 85,085 34,425 22,556 7,482 21 1 3.20 281.8 * 316.4 55,849 21,544 84,898 34,096 22,654 7,517 204 3.20 285.7 320.8 1,371 9,633 196,411 6,81 1 2,300 95.3 663 369 204 3.20 289. 1 324.7 1,413 9,602 205,324 6,828 2,284 94.6 674 366 215,265 2,284 94.6 \J Data do not alwavs cover calendar weeks. 2 / Tuesday prices. 3/ Includes UCFE program beginning January 8, 1955. 4 / Daily average. ended April 3 0 : Production, 2,316 thous, short tons; operating rate, 96.0 percent. • Monthly index for April 1954. # Not compara i with 1955 rates which are based on higher capacity as reported January I, 1955. II Week MONTHLY BUSINESS STATISTICS 1954 1955 ITEM February GENERAL BUSINESS March December January February March INDICATORS Industrial and commercial failures: Fa i I ures, tota I Commer c i a I ser vice Construct!on Manufactur i ng and mi n i ng Retai I trade Wholesale trade Liabilities, total Commercial service Construction Manufactur i ng and mi n i ng Retai I trade Wholesale trade number. do. . . do. . . do. . . do. . . do. .. thous. of dol. do... do. . . do. . . do.. . do. . . 926 74 109 207 449 87 47,774 4,341 4,082 23,043 11,770 4,538 1,102 87 143 198 551 123 57,280 3,506 7,255 15,359 26,043 5, 117 917 72 130 204 413 98 40 103 1,857 5,926 17,5!26 8,509 6,285 939 87 87 195 456 I 14 37,872 3, 154 9,044 Ii,636 9,647 4,391 877 60 I 13 !88 412 !04 42,056 2,244 7,624 18,922 8,928 4,338 1,0.38 66 108 225 520 119 41,209 2,916 4,468 16,921 M , 972 4,932 I 14.3 103.3 I 10.6 106.4 I 10.6 102.4 I 19.6 109.4 104.6 129 5 126.5 ! !3.7 106.9 127.6 I 19.9 I 14.3 103.4 I 10.8 106. I I 10.7 102.5 I 19.6 109.9 104.8 129.7 126.8 I 13.5 106.4 127.4 I 19.8 1/114.3 103.2 I 10,8 105.4 I 12.0 102 3 ! 19.6 I 10.3 104.6 130.0 127.0 113.5 106.6 127,3 I !9.8 90.8 87.5 90.4 90.6 87.5 90.3 2/90.9 2/87.5 2/90.3 COMMODITY PRICES Consumer price index, all items Appare I Food Dairy products Fruits and vegetables Meats, poultry, and fish Housing Gas and electr icity Housef urn ishings Rent Medical care • Personal care Reading and recreation Transportation Other goods and services Purchasing power of the dollar as measured Who lesale pr i ces Consumer pr i ces Reta i I food pr i ces 1947-49=100. do. . . do. . . do. . . do... do... do. . . do. . . do... do. do. .. do. . . do.,. do. . . do... M5.0 104.7 1 12.6 109.0 108.0 109,7 1 18,9 107.5 107.2 127.9 124. 1 I 13.9 108.0 129.4 120.2 1 14.8 104.3 112. 1 108.0 107.8 109.5 1 19.0 107.6 107.2 128.0 124.4 1 14. 1 108.2 129.0 120 ! I 14.3 104.3 I 10.4 106.8 108.4 102.2 I 19.7 !09. I 105.4 129.4 126.3 ! 13.6 106.6 i27.3 ! 19.9 90.5 87.0 88.8 90.5 87. 1 89.2 91 .3 87.5 90.6 by— do. . . do. . . do. . . jr/ Revised. ±/ Index on base previously used (1935-39) is 191.I. 2 / Indexes on base formerly used (1935-39^100) are as foilows: ured by — wholesale prices, 47.6; consumer prices, 52.3; retaiI food, 44.7. Meas- MONTHLY BUSINESS STATISTICS—Continued 1954 1955 ITEM February March December January March February CONSTRUCTION AND REAL ESTATE Construction contracts awarded, 37 States (F. W. Dodge Corp.): Tota I projects number. . Total valuation mil. of dot.. Bui Iding, total do. . Value of contract awards (F. R. indexes): Total, unadjusted 1947-49=100. . Residential, unadjusted do. . . . Total, adjusted do. . . . Resi dent i a I, adjusted do. ... Highway concrete pavement contract awards: \_l Total thous. of sq. yd. . Airports do. . . . Roads do.... Streets and al leys do. . . . Construction cost indexes (E. H. Boeckh and Associates): Average, 2 0 cities: Apartments, hotels, and office buildings: Brick and concrete U. S. avg. 1926-29=100.. Br i ck and stee I do. ... Br i ck and wood do... Commercial and factory buildings: Br i ck and concrete do. ... Br i ck and stee I do. ... Br i ck and wood do. ... F r ame do.... S+ee I do Residences: Brick do.... Frame .. .do. . . . FI NANCE Federal Government finance: Receipts, tota I .........mil. of dol.. Receipts, net ...do.... Cu stons ........ do.... I ncome and emp I oyment taxes do.... Miscellaneous internal revenue do.... A I I other rece i pt s do.... Expenditures, total do.... I nterest on pub I i c debt do.... Veterans 1 services and benefits do.... National secur ity , .do. ... A I I other expend i tures do.... Stocks, cash dividend payments publicly reported: Total dividend payments do.... F i nance do.... Manufacturing , do. ... Mining .do.... Public uti lities: Communications do,... Heat, light, and power do.... Rai Iroad do.... Trade do.... Mi see I laneous do.... FOODSTUFFS DistiI led spirits: Production thous. of tax gal.. Consumption for beverage purposes....thous. of wine gal.. Tax-paid withdrawals thous. of tax gal.. Stocks, end of month do . Whisky: Production do.... Tax-paid withdrawa Is do.... Stocks, end of month.... „ do.... Rectified spirits and wines, prod.......thous. of proof gal.. Wines and distiMing materials: Spark I ing wines: Production thous. of wine gal.. Tax-paid withdrawa Is, do.... Stocks, end of month do Sti I I wines: Production do.... Tax-paid withdrawa is do.... Stocks, end of month do.... Distilling materials produced at wineries. do.... Rice, Southern States (Ark.. La., Tenn., T e x . ) : Receipts, rough, at mills thous. of |b.. Shipments from mills, milled rice ,,do.... Stocks, rough and cleaned (cleaned basis) mil. of Ib.. Meats, product i on, tota i , , . do... # Beef and v e a l , , , ( l l l , thous. of Ib.. Lamb and mutton do.... Pork, including lard -.do.... Lard, .,..,, do.... 40,787 1,221 977 55,659 1,528 1,200 17! 180 196 201 194 216 191 205 62,394 1,829 I , 463 56.785 1.504 1,255 58,456 I ,581 1,279 228 266 261 297 p262 p308 p257 p292 21 I 237 259 277 215 241 261 288 2/8,691 " 2,698 2/3,639 2/2,354 r7.134 r2,600 2.769 !,765 7,289 2, 134 3,635 1,520 9,504 2,021 3,988 3,495 4,036 1,299 1,007 1,729 6,075 I ,078 2.649 2,347 254.3 250.9 253.7 254.0 250.7 253.7 258.5 253.8 257, I 258.8 254.6 257.7 258.8 254.7 257.9 259.0 254.9 258.6 260.4 257.3 252.5 252.5 241 .3 260.2 257.2 252.5 252.7 24! .2 266.2 262.2 255.7 256.4 245.9 266.4 262.5 256.2 257.4 246.0 266.5 262.6 256.3 257.7 246. I 266.7 262.9 256.8 258.8 254.2 ?48,3 254.2 248.9 257.7 251.7 258.4 252.4 258.6 252.6 259.3 253.5 6,425 5,444 41 5,366 859 159 4,707 372 345 3,568 423 13,013 I 1,434 44 11,866 954 149 5,555 588 340 3,830 797 4,217 3,742 47 3,204 801 165 6,288 1,200 401 3,739 947 4,833 4,655 48 3,638 716 430 4,942 222 379 3,176 I, 166 5,954 5,477 47 4,857 774 276 4,831 396 365 p3,048 p1,022 I 1,089 9,741 60 9,906 995 127 5,894 478 386 p3,520 pi,51 I 261.0 76.5 89.8 2.2 244. I 68.9 84.2 1.9 1,274.5 78.7 833.1 93.9 1,941.0 233.5 1,237.8 140. I 721.3 148.2 236.8 6. I I. I 56.9 10. I 17.0 4.0 39.4 102.3 60.0 43.8 23.2 42. I I 13.9 87.0 47.4 39.2 120.8 73.9 32.4 94.0 9. I 1.3 59.6 10. I 16.8 4.7 r 14,420 12,671 10,156 862,917 16.387 15,736 12,718 864,231 16,074 23,00b 10,667 r840,716 13,267 12,333 8,654 842,588 13,753 '12,949 10,007 843,285 r9,038 r5,3l4 r7l8,4l5 5,764 10,029 6,272 718,5-16 7,400 10,286 6,02? r707,355 6,224 8,239 4,742 708,242 4,701 9,470 5,609 709,665 5,485 233 69 I, 109 147 81 1,272 105 229 1,036 143 107 r1,072 227 83 1,049 1,289 10,269 180,995 1,556 1,477 12,353 170,754 2, 128 3,628 12,698 192,400 6,212 1,926 9,999 182,237 1,938 1,620 10,123 172,024 1,737 133,848 169,918 770.2 1,517 761,153 53,274 702,169 128,867 84,161 161,955 654.6 1,7-72 886,182 55,672 830,303 147, 106 62,941 98,056 987.9 2,120 912,239 54,704 I,153,238 225,859 50,954 113,344 916.5 1,993 883,37! 58.810 ,050,606 203,886 61,315 I 12,015 784.8 1,665 760,473 53.174 851,694 163 ,.743 r7 Revised. £/' Preliminary. _[/ Data for March and December 1954 and March 1955 are for 5 weeks; other months, 4 weeks. some contracts awarded in prior months «but not reported. 2, 135 1,749 246.3 1,353.2 93.8 881.7 101.4 39.0 106.6 64.6 41.0 25. I 58,409 133,727 653.8 1,962 890,867 61,429 1,009,567 189.884 2/ Data include MONTHLY BUSINESS STATISTICS — Continued 1955 1954 ITEM February March December January February March METALS AND MANUFACTURES Iron ore (Lake Superior district): Consumption by furnaces thous. of long tons.. Stocks, end of month, total do.... At furnaces do.... On Lake Erie docks..... ....do..,. Castings, gray iron: Orders, unfilled, for sale thous. of short tons.. Sh i pments, tota I do.... For sale do.... Castings, malleable iron: Orders, unfilled, for sale short tons.. Shipments, total do.... For sale do.... Pig iron, production thous. of short tons.. Castings, steel: Shipments, total short tons,. For sale, total do.... Rai I way specialties do.... Machine tools (metaI-cutting types): New orders mo. avg. shipments, 1945-47=100.. Sh i pments do,... TEXTILE PRODUCTS Cotton: Consumption ±/ ba les.. Manufactures: Spindle activity (cotton system spindles): ±/ Active spindles, last working day, totaI....thousands.. Consuming 100 percent cotton do.... Spindle hours operated, all fibers, totaI.,mi I. of hr.. Average per working day. do.... Consuming 100 percent cotton do.,.. Operations as percent of capacity.. Rayon and acetate: Shipments, domestic, producers': Filament yarn mil. of Ib.. Staple (incl. tow) do.... Stocks, producers', end of month: Fi lament yarn... do.... Staple (incl. tow) ....do.... 7,510 23,711 18,616 5,095 5,787 36,386 29,661 6,725 5,932 30,587 24,553 6,035 6,341 44,018 37,427 6,591 6,620 37,470 31,360 6, I 10 6,447 31,108 25,222 5,886 865 936 492 842 1,047 553 745 1,074 564 783 1,092 563 852 1,106 578 81,579 69,078 37,792 4,81 I 74,219 84,342 47,125 4,959 85,064 80,599 49,005 5,587 99,817 82,028 48,000 5,785 101,766 85,979 48,721 5,443 116,520 r88,87 I r17,928 122,310 92,271 15,502 93,547 69,843 I 1,489 98,238 75,044 13,809 106,430 80,729 16,501 159.8 323. I 169.6 327.2 202.9 203.4 203.0 167.3 r209.4 168.2 P2I4.3 p202.4 844,092 801,748 711,286 720,815 892,892 20,626 19,136 11,059 442 10,239 122.5 20,782 19,282 9,934 497 9,184 138.0 20,954 19,429 10,046 511 9,299 142.5 20,892 19,365 12,400 496 11,485 138.5 685,546 20,888 19,656 9,231 469 8,697 128. I 20,872 19,626 I 1,454 458 10,799 125.3 6,464 55.6 24. I 60.8 29.2 70.4 34.9 65.8 35.4 r67.9 33.0 83.9 39.0 75.9 30.9 75.4 28.3 55.6 32.0 55.5 28.6 50.4 25.8 44.6 22.2 number. do... do... do... 4,041 3,014 2,947 1,027 4,826 3,796 3,793 1,030 2,232 1,428 1,369 804 2,008 1,599 1,599 409 2,572 2,032 1,882 540 3,133 368 ,068 765 do... • ..do... do... do,.. 690 405 40 22 636 374 5936 757 671 57 34 761 693 40 18 725 672 36 21 953 9T8 45 27 TRANSPORTATION EQUIPMENT Railway equipment, American Railway Car Institute: Freight cars: Sh i pments, tota I , , Equipment manufacturers, total Domest i c Railroad shops, domestic Passenger cars, equipment manufacturers: Orders unfilled, end of month, total Domestic , Shipments, tota I Domest i c r./ Revised, j>/ Preliminary. J_/ Data for March and December 1954 and March 1955 cover 5 weeks; other months, 4 weeks. UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS PENALTY FOR PRIVATE USE TO A V O I D PAYMENT OF POSTAGE, $300