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SURVEY OF C U R R E N T B U S I N E S S WEEKLY SUPPLEMENT UNITED STATES D E P A R T M E N T OF C O M M E R C E BUREAU OF FOREIGN AND DOMESTIC COMMERCE AVAILABLE ONLY WITH SUBSCRIPTION TO SURVEY OF CURRENT BUSINESS SELECTED BUSINESS AUGUST I, 1947 INDICATORS STEEL INGOT PRODUCTION ELECTRIC POWER PRODUCTION BY UTILITIES (1935-39-100) (BILLIONS OF KILOWATT HOURS) WECKLY DATA K^/X^^ 0*11 M l HOTHD > '6 \ 1 L.I 1 l.l.l-i-1-L-L..l..U.L L.L..L-1-L.J-jJ.J-L.xl.l.l ^^^ 1 1 1 .1 1 l-L 1 1 1 I 1.1 1 1 1 1 1 1 1 1 1 1 1 HOURLY EARNINGS AND HOURS IN MANUFACTURING DOLLARS tf> 1944 1945 1947 1946 WEEKLY PRICES OF 3 5 4 INDUSTRIAL STOCKS .^4g (1935-39-100) HOURS 1944 BUSINESS STATISTICS 1946 July 26 Commodity prices, wholesales All commodities 2/ 1926.100.. farm products do.... 7ood do.... All other 2/ do.... 28 commodities 2/ August 1939=100.. Cotton, middling, 15/16", 10 markets 4/ dol. per lb.. Wheat, No. 2, Hard Winter (Kansas City) $J dol. per bu.. Department etore tales 1935~39»100.. Insured unemployment, total 6/ thous.. Stats programs do.... Veterans' programs do.... finance: Currency in circulation 4/ ail. of dol. • federal Ha serve beak credit, total do... • Member bank reserve balances do.... access reserves, estimated..., do.... federal Beserve reporting member banks in leading cities: Jj Bank deb it e, total ail. of dol.. Hew York City do.... Dopoeits, demand, adjusted do.... Loans and investments, total do...• U. S. Government obligations do.... Commercial, industrial and agricultural loans do.... failures, commercial number. • Bond yields, domestic corporate (Moody• s) percent.. Stock prices, 402 stocks (Standard and Poor's). .1935-39-100.. Industrials, 35* stocks do.... Production! Bituminous coal 8/ thous. of short tons.. Electric power, by utilities • mil. of kw-hr.. Motor vehicles (wards) %J number.. Petroleum k/ thous. of bbl.. 1935-39*100.. thous. of c a r s . . do.... July 19 July 12 19*6 July 5 150.3 182.4 168.0 132.9 305.2 .386 2.31 217 148.3 178.2 I65.8 132.1 303.1* .376 2.21 28,1*3 22,16. 698 *S 28,23+ 22,248 16.336 8O3 28,355 22.035 16,190 67* 28,393 22,145 15.988 7.1*2 19,028 7,658 15,*62 6,227 46,525 63.227 39.099 2.80 125.1 130.8 23.032 10,155 46,626 63.371 38,990 11,809 82 2.81 123.? , 129.* 6.235 *.53i 90,075 5,045 15*-7 807 369 1.9*0 4,190 63,460 5.065 141.1 629 312 306.5 •377 2.32 2.80 127.9 133-8 82.712 " I82I5 83 39.1*5 11,81+8 63 2.80 127.8 133.8 12,000 *,732 103,091 5.050 179-* 920 389 228 1.968 1.172 759 "•^ 1947 1 19*7 ITJM S t e e l 10/ f r e i g h t carloadings, t o t a l Miscellaneous 1945 148.0 179.5 164.6 132.1 302.2 .370 2.15 208 1.927 1.157 June 26 July 27 July 20 147.6 179.0 162.2 132.0 299.8 124.1 157.3 140.7 108.6 248.9 .3*2 1-93 204 2,900 1,176 1,673 124.2 159-2 142.0 107,8 248.? .351 1.99 201 2,956 1,212 1,694 28,238 23.895 15.968 859 2.26 245 1,828 1.107 733 55* 28,210 22,057 16,081 729 28,193 24,229 15,877 753 18,770 7.500 46,989 63,285 38.9*3 19.935 7.646 45,684 68,900 *7.775 8,866 13 2.71 143.8 147.1 69.225 48,l6S 8,69* 25 2.71 149.4 153.2 12,603 *.352 84,720 *,926 176.3 911 386 12,596 *,293 80,985 *,937 173 • 5 921 384 U 7 - 1S 2.81 121.0 126.2 8,000 *,675 103,203 5.109 187 . 4 846 392 20,760 8,299 *5.*93 1/ Data do not always cover calendar weeks. 2/ See note in January 1, 19U7 i s s u e . £ / Thursday p r i c e s . 4 / Dally average. $J Beginning week of July 12 includes dark hard wintsr not included previously. 6/ for description see note i n July 13, 1946 i s s u e . Jj Shown on a revised basis beginning i n Weekly Supplement dated July 18, 19*7- §j Estimated t o t a l production; 1947 data are from the National Coal Assoc i a t i o n . 2 / Data are for U. 8. and Canada and include passenger c a r s , commercial cars, and trucks. 10/ Week ending August 2. 185.0. 2 MONTHLY BUSINESS Earlier data are available in monthly isauee of the Survey and the 1942 Supplement STATISTICS 1947 June May 1946 April March June DOMESTIC T3ADB Mail-order and store sales: Total sales, 2 companies Montgomery Ward A Co Sears, Boebuck and Co thoue. of dol. do... .do... '. 253,091 275.884 104,322 171.562 260,325 99.623 160,701 249,263 97,552 151,711 1 126,548 EMPLOYMENT CONDITIONS AND WAOSS Labor turn-over in manufacturing establishments* Aoceesion rate monthly rate per 100 employees. Separation rate, total do... Discharges do.. • Lay-offs do.. • ^uits do... Military and miscellaneous do.. • Hours and earnings (U. S. Department of Labor): Average Weekly hours per \rorker, all manufacturing..hours. Durable goods industries do. • • nondurable goods industries do... Average weekly earnings, all manufacturing dollars. Durable goods industries do. •. Nondurable goods industries do.. • Average hourly earnings, all manufacturing do... Durable goods industries do.. • Iron and steel and their products do... Electrical machinery. do... Machinery, except electrical do... Automobiles do.. T Transportation equipment, except automobiles do... Monferrous metals and products do... Lumber and timber basic products do... furniture and finished lumber products do... Stone, clay, and glass products do... Nondurable goods industries do... Textile-mill products and other fiber mfre do... Apparel and other finished textile products do... Leather and leather products do... food and kindred products do... Tobacco manufactures do... Paper and allied products do... Printing, publishing, and allied industries do... Chemicals and allied products do.. • Products of petroleum and coal do... Bnbber products do... PZHANC8 Bonds: Average price of all lieted bonds (N.Y.S.S.) dollars. Domestic do. • • foreign do... Value, issues listed on New York Stock Exchange! Pace value, all issues mil. of dol. Jjomcstic ...._.................».....»...••..« v . s . a do... •.oreign..........................................do*.. Market value, all issues do... uomesvXC ........»»....•-«.»•..•...•.••••••••••«•• .do... foreign do... . Stocks: Cash dividend payments publicly reported: Total dividend payments do... Manufacturing do. •. Mining do... Trade do... finance do. • • Railroads , do... Heat, light, and power do. • • Communications do. •. Miscellaneous i do... Shares listed on New York Stock Exchange: Maries • viJLue ..............................#sssssss a do... Number of shares listed millions. P4.7 P5.4 P.4 Pl.5 P3-4 P.1 p40.1 p40.5 P39.6 p48.91 P52.39 1*5.08 pi.220 pl.294 r40.1 r40*5 ii r44!93 n.aos rl.277 & pl.l3« 102.25 192.70 74.02 137.058 134.932 2,126 140,148 138.574 1.574 1.375 l.26l 1.024 1.045 1.174 rl.131 1.025 .988 I.033 1.110 .949 1.135 1.491 1.210 1.441 1.430 102.49 102.92 75-32 137.019 134.856 2,163 140,426 138.797 1,629 159.2 85.9 'i 1.0 3.7 .1 rUO.O r40.7 39.6 r47.48 44*.4o 1.186 rl.243 1.281 rl.210 rl.308 rl.406 rl.362 rl.234 r.990 rl.031 1.149 1.122 1.027 •999 rl.029 1.097 P.949 1.121 1.4*5 r1.192 1.410 Pl.397 •9 3.5 •1 40.4 40.7 40.1 r47.69 44*89 1.180 rl.236 rl!212 rl.298 rl.396 rl.362 1.226 P.983 6.7 5.7 •3 1.2 4.0 .2 40.0 0.2 29.8 8$ 40.28 1.084 1.11 l!l4S 1.223 1.347 1.350 I.I63 •908 .927 1.041 1.003 .875 .951 .950 rl.031 1.144 1.119 1.024 1.045 rl.028 1.088 .939 1.109 rl.443 1.177 1.408 rl.330 .846 .993 1.278 1.084 1.347 1.283 102.63 IO3.06 76.42 102.95 103.36 77.00 104.21 104.61 81.64 137.219 135.044 2.174 140,833 136,937 134,806 t 2,132140,978 136,648 134,281 "KB ?$ 140,474 1.932 13 •271 3f8.9 162.7 5.9 35.1 55.? 21.6 47.5 49.6 10.6 492.5 308.p 25.4 45.3 25.8 22.7 36.3 9.9 18.6 517.3 288.1 50.0 33-3 45.9 32.5 37.8 13.5 16.2 63.646 1,814 64,52? 1.794 67,608 1.792 80.929 1,686 36.493 37.730 39.37f 46.716 66,626 69.914 34.567 36,062 25.009 20,776 4,203 24,652 20,504 4,148 25.544 21,246 4,298 21,441 17.624 3.818 S 18.2 5.4 35.9 2.1 66,548 1.829 5-1 5 CHEMICALS AND ALLIED PRODUCTS Oleomargarine: Consumption (tax-paid withdrawals).... Production , ...thous. of l b . ...••••••..do.». EUMSIHIC POs'Sfi Electric power, production, total w»iAi»ies«..................•.•••••. Industrial establishments. r/ Revised, j / Preliminary. •mil. of kv. h r . ...........&0... ...........do... 24,469 20,244 4,225 MONTHLY BUSINESS Barller data arc* available in monthly issues of the Surrey and the 1942 Supplement S T A T I S T I C S — Continued 3 19*7 June Nay 1946 April March June POODSTUCTS AND TOBACCO Dairy products, productions Butter, creamery (factory) thous. of lb.. Cheese, total (factory) do.... Livestock! Cattle and calves: Beceipts. principal markets thous. of animals.. Shipments, feeder, to 6 corn belt States do.... Hogsi Beceipts, principal markets < do.... Sheep and lambs' Beceipts, principal markets.... do.... Shipments, feeder, to 8 corn belt States do.... Meats, production, total . mil. of lb.: Bwt and Teal thous. of lb.. Lamb and mutton do.... Pork, including lard do.... Lard do.... Ooffee, risible supply.... thous. of bags.. Sugar, U. S., deliveries and supply (raw value)i Deliveries, total short tons.. For domestic consumption. do. Production, domestic, and receiptst Sntrias from off-shore areas do.... Production, domestic cane and beet do.... Stocks, raw and refined do.... Tobacco, manufactured products* Consumption (withdrawals)! Cigarettes! Tax-free millions. • Tax-paid do... • Cigars, tax-paid ; thousands.. Manufactured tobacco and snuff, t a x - p a i d . . . t h o u s . of l b . . 156.305 151,995 rl45.890 rl44,l40 116, 845 r 115.915 110,480 100,610 2.384 120 2.154 100 2,183 131 2.290 161 1.7i 2,329 2,270 2,245 2,017 1.355 1,982 1.506 136 1.438 679.933 60.737 697.129 128,445 1.357 1.293 133 1U6[690 1,132 1.713 128 1.525 705,739 60.18} 758,646 144,207 1,222 681V,465 57.648 653.686 123.637 1.335 983.474 975.552 r522,621 r484,691 509,612 497.223 624,282 598.188 r598,955 r529.74l 544,243 655,186 16,512 1,598.070 «S:g 1.42^.199 568,794 22,114 1,316,068 r478.387 9.613 r955.l51 2.966 25,068 473.968 16,111 2,805 27.493 416,270 19.716 42o\785 18,743 2,445 26,360 452,180 21,084 1,011 2,472 3.046 2,675 rl,130 r2.559 3.038r2,8S2 1,066 r2,512 r2,954 r2,943 801 2,098 1.537 3.584 6,500 21.746 19.594 2.152 6,885 17,618 15.541 2.078 6.579 13.555 11.73f 1.816 6.979 17.411 81,854 98.738 116,652 76.629 r9l,203 108,464 rll8,048 r83,980 88.927 rl04,430 rll5.379 r85.293 84,356 r87,l4l rl20,820 45.235 53,822 49,984 50,482 47.233 53.424 48.995 50,568 44,834 30,224 23,187 52,022 28,849 44^984 29.452 26.073 41,461 20,986 a , 348 41,611 4,984 4.746 3.137 r4,820 r4.597 r2.899 4,862 4,441 2,675 3.386 3.355 4.375 5.083 874,787 98,410 15.432 2/-10.338 r968,ll4 r99.380 rl3.337 rll,795 rl,077,832 r9$,694 rl4,745 106,579 806,181 36.745 5.852 548.6 525.9 623.0 512.1 445.9 727.9 26,857 573-8 532.3 709.5 29,012 3.464 491.7 492.8 488.2 28,580 «4 1,490 670,038 54.823 29.097 432.527 18,791 rl20,749 rl30,672 IS LBaTHSB AND PBDDUCTS Leather production! Calf and kip Cattle, hide Coat and kid Sheep and lamb thous. of skins. • thous. of h i d e s . . thous. of s k i n s . . do.... METALS AMD MAtfUVACTUHKS Iron ore (Lake Superior d i s t r i c t ) : Consumption by furnaces thous. of long tons. Stocks, end of month, t o t a l .; do..• At furnaces *:...do... On Lake Erie docks do... Copper* JJ' Production: Mine or smelter short tons. Heflnery do... D e l i v e r i e s , refined, domestic do... Stocks, refined, end of month. do... refined! Production, total «, do. from domestic ore -..do... Shipments do... Stocks, end of month do... Boilers, radiators, and conveotore, cast-iron: Boilere (round and square)! Production thous. of lb. mupmomte.•..•.....................•.......•••••.••do... Stocks, end of m o n t h . . . • • • . . . . • • • ••••••••...do.•• Badlation! Production. thous. of sq. f t . Shipments do. • . Stocks do... O i l burners: .Orders, new, - n e t . . . » • • • . • . . • • • • • • • . • • . . • • • • . . . • . • • . n u m b e r . Orders, u n f i l l e d , end of month do... mnipment e . • • . . . . . . . . . . . . . . . . . . . . . . . . . . • . . . . . . . . . . . . . . . d o . . . Stooke, end of m o n t h . . • • • • • • . . do... foundry equipment! Hew orders, net, t o t a l 1937~39«100. Vew equlpment do... Repairs do... Machine tools, shipments thous. of dol. Pumps, steam, power, centrifugal and rotary! Orders, new do... &S? 37.836 '71.507 51.239 £% 3.995 26,265 23.247 3.018 32,785 23.870 95.267 79.145 18,584 17.450 25.173 32.969 41,990 649.9 658.9 620.7 24.720 2.999 25.791 3.638 2,648 2.973 r/ Bevised. 1/ Beginning ipril 19^7 a^ta include copper from all sources; earlier data relate to domestic and duty free foreign copper except that deliyeriee include deliveries of duty paid foreign copper for domestic consumption. Stock figure for April 1, ig47, comparable with later data ie 80,522 short tons (revised figure). 2/ Cancellation, exceeded aew orders during month; the figures hare been revised. 4 MONTHLY BUSINESS Earlier data are available in monthly issues of the Survey and the 1942 Supplement ST A T l ST 1CS — Continued l$t6 19*7 June May April March ^320.9^ 330,43 r290,397 . 321,515 172.195 178,841 334,207 322,805 123,161 June MBEALS AND K A H O T A C T O B B S - Continued. Electrical appliances, domestic, shipments* Waehere 1/ Vacuus oTeaners, floor type. •number. ••.do.•• 31^705 329,986 r3l3,724 318,094 ehort tone. do... do... 355,606 375.498 90,431 384,520 400,763 110.323 369,490 126,*' 372,482 373.769 133.381 do... do... do... 292,664 67,268 66.7*3 302,994 73.^98 70.997 297.461 71.933 73.988 302,672 §7.916 68,872 259.284 61,241 61,671 do... do... do... 11,951 11,426 212,724 64,985 8,925 215,995 68,773 10,980 206,064 73.699 6,416 209,784 52.155 410,744 400,5-30 526,649 *'377,5S6 y332,610 r5l5,806 339.963 326,776 522,627 376,587 35M86 235.^90 104,978 104,863 115,773 ri07.543 rl07,l01 rll8,637 97,443 96,050 118,075 104,107 99,706 52,285 117.071 114,545 152,410 *JL0;..$l4 r!07,S51 150,033 103,254 107.758 156,061 92.369 98,634 129,427 9,619 8,316 ?10.578 r^.492 10,358 9.637 10,582 9,645 8,991 8,680 928 1,650 1.093 1,616 663 1.309 &33 305 320 6,8p4 21,026 • I.007 r2,01 .079 962 *1.6< r76l 1,844 *573 341 227 r6t085 23.171 I.050 2.307 853 918 2,481 760 1,140 1,293 1,906 658 356 133 5.141 22,605 865 2.502 653 415 1.059 l,8|9 663 280 346 3.729 16.316 21.32* 9,103 382 113.6 21,624 9.928 415 119.7 £1,953 10,030 421 125.4 21,944 8,807 PAPK& Aft) PaiOTIM0 Hewsprint, Production* Shipments from mills Stocks, at mills, end of month Heweprint, United States* Consumption by publishere Production Shipments from mille stocks, end of months At mills At publishere In transit to publishere 8 X C U , G U I , AND GLASS PfiGDUOTS Cley products! Bricks Production. thous. of standard brick. Shipment e do... Stocks• end of month... do... Structural tile, unglased* Production short tons. Shipments do... Stocks do... Vitrified clay sewer pipe: Production do... Shipments do... Stocks do •.. Glass containers» Production thous. of gross. Shipments.. do... General' use "foodJ Harrow neck food....' do... Wide mouth food (including packere1 tumblers)....do... •^average................«••••«.........•••••#v>ssssdo... Beer * bot tlee do... Liquor and wine do... Medicinal and toilet do... General purpose (chemical, household, indue trial)..do... Dairy products do... Pruit Jars and Jelly glasses do... Stocks, end of month do... Plate glass, polished, production thous. of sq. ft. i.3te l.p7 610 354 161 5.475 21,419 TEXTILE PRODUCTS Cotton spindls activity! Active spindles Active spindle hours, total Average per spindle in place Operations thousands. . mil. of hours., hours. percent of capacity., 21,805 10.243 428 121.7 115.4 TBANSPQBIATIGB a^UPMKNT 401,^32 r382,64o Motor vehicles, factory sales, total number.. 1,628 1.853 Coachee, total do..., 1.409 ri,599 Domestic do.... 305.943 r284,357 Passenger care, t o t a l . . . • . • • • • • • • • • • • • • • • • • • • • • • • • • • . d o . • • < 281,867 r26l,240 Jjomostic...........................................do.••< 93.981 r96,430 • Trucks, t o t a l • . » . . « • . * « • . • • • • • • • • • . • • • • • • • • • • • • . . • • • . d o . . . < J75.696 73.693 vomeetic. • • • . . . . . . . . . . . . ._•_•. •_•_•...... . . . • • • • » • . . . . .do. • . < 4 ^ / S U * * ' UJF2J?£?* T°£l °f, •**«•* washere. The 1947 data are revised estimated and Pebruary 1947, 259,233 and 255,611 respectively); see note in monthly Survey regarding r4219180 r423,399 201,902 1,421 774 1,650 1.272 1,465 751 % 141,090 *301,525 r3l4,765 r280,018 131.284 ^291,953 rllS,234 60,038 rl06,984 r92,082 50.247 gS3.515 industry totals (revised figures for January 1946 data. «s«*«s * « January
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