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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE °r 'VSINESS *«•' OFFICE OF BUSINESS ECONOMICS Avoiloble only with subscription to the monthly mogozine SURVEY OF CURRENT BUSINESS August 28. 1953 * * * * This Supplement provides selected weekly data and monthly date subsequent to those published in the latest monthly SURVEY * * * * WEEKLY BUSINESS STATISTICS1 Commodity prices, wholesale: A l l commodities 1947-49=100 Farm products do. . Foods, processed . , do. . A l 1 other .. .... .do. . 22 commodities 2/ -. , .do. . Department store sales. .. .do. . Insured unemployment, total thous . State programs do. . Fai lures, ind. & comm. . . number Bond yields domestic corpo~ rate (Moody 's) 3/ percent ITEM Aug. 23 Aug. 8 *l 12 2 *I09.9 *IIO,5 *l 13.0 96.0 **95 1 10 7 97.0 105.2 1 14.8 87.8 92 ** 1,257 **!, 193 i54 #91 1 #859 195 150 122 3 i8 3 50 3 50 3 51 Aug. 23 Aug. 15 Aug. 22 1 10 5 96.3 !04.8 1 14.8 88. 1 95 1953 1952 1953 1952 ITEM i 10 8 97.7 105.2 1 S4.8 89.0 Stock prices (480), Standard and Poor's 1935-39=100 Industrials (420) do.. Production : Bitum.coa! 3/. . .thous. sh. tons Electric power, by utilities m i l . kw4 -hr . Motor vehicles (Ward's) No. Petro leurr,, crude 3/. .thous. bb 1 . Stee ! (ingots & for castings, quantity) 4/ 1947-49*100 Freight c>sr loadings thous cars M S see 1 i aneous ... do. . Aug. 8 189.7 206. 1 189.0 204.3 Aug. \j Aug. 22 190.0 205.3 186.7 201.5 ** 1,631 1,561 1,594 **7,627 109,611 **6,204 8,464 135,482 6,451 8,514 154, 1 14 6,507 125.5 **806 **374 131.9 785 376 133.6 807 390 \J Data do not always cover calendar weeks. 2/ luesday prices. 3/ Daily averages. 47 Week ended August 29, J33.2. gust 1952. ** For week corresponding to latest. # For preceding week: Total, 895.000; State programs, 843,000. 155,712 !34,6 * Monthly index for Au- MONTHLY BUSINESS STATISTICS 1953 1952 1953 1952 ITEM July May June July BUSINESS POPULATION Industrial & comm. failures: Fa i 1 ures , tota 1 number Commercial service do.. Construction do. . Manufacturing & mining.. do. . Retai 1 trade do. . Wholesale trade do.. June July 52,078 1,511.3 1,170.8 52,544 1,606. 1 1,219.8 40,069 1,115.5 922.3 53,304 1,793.3 1,417.8 244,446 62,385 182,061 13,493 2,549 36, 191 129,828 215,965 56,330 159,635 13,550 2,691 31, 171 1 12,223 114 115 108 114 p87 p!08 384,048 95,059 288,989 380 397 92,804 287,593 316 298 78,977 237,320 r49,039 r 17, 050 r83l r2,492 r4,280 r 10, 337 2,026 r5,354 6,669 r49,372 r!7, 155 r837 r2,584 r4,3!2 r 10, 401 r2,050 r5,395 r6,638 p49,37! p!7, 125 p828 p2,676 p4,345 plO,349 p2,075 p5,4!3 p6,560 Construction cont. awarded, 37 697 66 70 143 344 74 817 74 99 145 419 80 724 43 64 164 380 73 Liabi 1 it ies, total . .thous. dol. 22,789 1,466 Commercial service do.. Construction do. . 3,196 Manufacturing & mining.. do.. 8,882 Retail trade do.. 5,434 3,811 Who lesa le trade. ........ do. . 32,789 3,536 2,511 13,981 6,909 5,852 32,379 1,759 3,200 M, 179 12,464 3,777 41,324 1,210 2,789 17,139 11,282 8,904 COMMODITY PRICES .714 .658 .656 .656 .525 1.735 2.314 .486 1.578 2.530 .517 1.522 2.265 .53! 1.51! 2.202 32.53 19.96 .534 .552 54.26 21.83 23.54 .385 .567 54.73 21.73 23.24 .387 .576 54.80 24.26 23.29 .426 .597 56.22 .0476 .2420 .0501 .2968 .0513 .2969 .0524 .2969 .1600 . 1500 1,627 . 1341 . 1275 . 1100 . 1100 1.752 I/ 1.748 . 1368 . 1100 1.725 r_/ Revised. £/ Preliminary. # For June 1952. J_/ Nominal price. May CONSTRUCTION AND REAL ESTATE 580 41 48 133 299 59 Wholesale p., selected items: Butter, 92-score <N,Y.) dol. per Ib. Eggs, extras, large (Chicago) dol . per doz. Corn,av.5 markets. .dol .per bu. Wheat, av. 6 markets do.. Beef steers (Chicago) dol. per 100 Ib. Hogs (Chicago) do.. Beef, choice (N.Y.).dol .per Ib. Pork, loins (N.Y.). do.. Pig iron,comp. . .dol .per l.ton Steel, composite, finished do 1 . per 1 b . Copper, electro. (N.Y.T do.. Lead, refined, pig, desilverized (N.Y.)...dol. per Ib. Zinc, prime W. (St. Lou is) . .do. . Wool, raw (Boston) .do.. July c-fm-fae tc u/ rViHno fVvn } • Total projects Total valuation Building, total number m i l . dol. do.. DOMESTIC TRADE Newspaper advertising: Linage, total (52 cities) thous. lines #209,251 C lassi f ied. do. . #52,744 Display, total do.. #156,506 Automot i ve do . . #10,288 Fi nanc ia 1 do. . #2,762 Gener a 1 do. . #31,251 Retai 1 do.. #1 12,204 Dept. store sales, U.S. total: Unadjusted index. . 1947-49*100 84 Adjusted index do.. 105 Mail-order & store sales, total, 2 cos thous. dol. 304,313 Montgomery Ward & Co do.. 82,995 Sears, Roebuck & Co do.. 221,318 EMPLOYMENT AND WAGES Employees in nonagr. estab., total, unadj thousands Manufacturing do. . Mining do. . Contract construct i on .... do. . Transp. & pub. uti 1 do.. Wholesale & retail trade. do.. Finance, ins.& real est..do.. Service & miscel laneous. .do. . Government do. . 47,078 15,402 784 2,751 4,198 10, 108 1,997 5,382 6,456 MONTHLY BUSINESS STATISTICS — Continued 1953 1952 1953 1952 1 TCM July May June Prod, workers in mfg. ind.: 12,229 Tota I thousands Durab le goods do. . 6,748 126 Ordnance & acces do . 744 Lumber & wood prod do.. 296 Furniture & f ixtures. . .do. . Stone, clay, etc do.. 434 643 Primary metal ind do.. 768 Fab. metal prod. _[/.... do.. Machinery (exc. e lee.). do.. 1,218 Electrical machinery. . .do, . 755 1, 190 Transportation equip... do.. 219 Instruments, etc do.. Miscel. mfg. ind do.. 354 5,481 Nondurab le goods do. . 1, 199 Food A. kindred prod.... do.. Tobacco manufactures. . .do. . 85 1,067 Texti le-mi 1 1 products. .do. . 1,018 Appare I , etc do. . 41 1 Paper & a l l i e d prod., .do.. 490 Pr I nt i ng , etc do . . 501 Chemicals, ate do.. Products of petroleum 177 and coa I do . . Rubber products do.. 195 338 Leather & leath. prod.. do.. Manufacturing productionworker employment indexes: 98.9 Unadjusted I947-49.IOO 100.6 Adjurted do. . Marvufactur Kng productionworker payroll index, unadjusted ... . 1947-49=100 122 2 Hours and earnings: Average weekly hours per 39.9 worker, a l l mfg hours Durable goods do.. 40.2 ^ Nondurable goods do.. 39.4 Average weekly earnings, a l l manufacturing. . .do 1 lars 65.44 Durab le goods do. . 69.55 Nondurab le goods do. . 60.68 Average hourly earnings, .64 a l l manufacturing do.. .73 Durable goods do.. .79 Ordnance & acces do.. .57 Lumber & wood prod do. . .44 Furniture & f ixtures. . .do. . .59 Stone, clay, etc do.. .81 Primary metal ind do.. .70 Fab. metal prod. _[/.... do.. .84 Machinery (exc. elec.).do.. .66 Electrical machinery. . .do. . Transportation equip... do. . .92 .71 Instruments, etc do.. .48 Miscel. mfg. ind do.. £/ Preliminary. r 13,717 r8, 198 r 156 r7!3 322 r460 1,138 r952 r 1,303 r92l r 1,576 244 413 r!3 788 r8, 199 r 156 r729 r3!7 r465 1, 143 r958 r 1,299 r9l3 rl,557 r245 r4!6 p!3 731 p8, 105 D 164 P7I9 p3!4 p455 p i , 133 p939 p i , 276 p880 p i , 574 p245 p406 r5,5!9 rl,052 85 r 1, 113 r 1,061 r440 499 516 r5,589 r 1,089 85 rl,H9 1,076 r445 502 r5!3 p5,626 p i , 183 p87 p i , 100 p i , 044 p443 p50l p5ll 188 r22l r344 r 190 221 r350 p!93 p2!8 P347 1 10.9 112.7 r 1 1 1 .5 r l 12.7 p i 1 1.0 p i 13.0 r 150.0 r 150 8 p 149.9 40.7 41.5 39.5 40.7 r4l.4 39.6 p40.4 p4I.O p39.5 71.63 77. 19 63.20 r7l.63 r77.42 63.36 p7l.5l p77.08 p63.60 .76 .86 r .89 r .63 .53 .72 2.02 r .84 .95 .74 2.05 r .76 .57 r .76 .87 r .90 .64 r .52 .72 r2.05 r .84 r .95 .75 . r2.07 .77 .57 p i . 77 p i . 88 p i . 92 p i . 67 pi. 52 p i . 71 p2.06 p i . 85 p i . 95 p i . 77 p2.08 p i . 77 p i . 56 1.54 1.51 1.22 1.35 1.29 1.61 2.11 1.72 1.60 r!.60 rl.28 1.37 1.29 1.68 2.20 1.81 1.60 rl.6l rl.27 rl.36 r!.32 rl.68 r2.2l rl.82 pi. 61 pi. 60 pi. 27 pi. 37 pi. 34 pi. 71 p2.!9 pi. 85 2.13 1.82 1.30 2. 18 1.94 1.38 r2.!8 1.93 1,37 p2.22 pi. 93 pi. 36 FINANCE Federal Government finance: Receipts, Treasury. . .mi 1 . do!. Receipts, net do.. Customs. do. . Income & empl. taxes. .. .do. . Miscel. internal rev.... do.. Expenditures, total do.. Interest on debt ...do.. National defense, etc... do. . 3,649 3,316 48 2,464 949 6,742 320 3,834 5,140 4,380 51 3,998 922 6,241 179 3,746 10,323 9,744 51 9,179 939 7,988 1,882 4.056 3,619 3,308 52 2,395 937 6,068 237 3,890 FOODSTUFFS Livestock slaughter: Calves thous animals Cattle do . Hogs do. , Sheep and lambs do.. 430 1, 100 3,641 908 504 1,345 3,643 1,015 586 1,450 3,607 1,055 616 1,498 3,276 1,108 #1,250 7,209 6,950 #123 #28 #55 #182 #1 10 #1 1 #321 #62 #33 #36 #104 #85 873 159 352 828 698 161 2,003 187 214 417 459 449 843 157 329 847 614 162 1,924 190 210 397 441 426 Steel products net shipments* Total thous sh tons Bars, hot rol led: A 1 1 grades . • .do Reinforcing do.. Semimanufactures » .. .do* Pipes and tubes * . do . Plates . do. Rai Is . .do. Sheets . . . do. . Strip* Cold rolled. ... do.. Hot rol led do. . Structural shapes do Tin plate & ternep late. .do. . Wire & wire prod . do.. Copper : Production: Mine or smelter sh. tons Ref i nery do. . Deliveries, ref., dom....do.. Stocks, ref., end of mo do.. 8 1 , 60 1 96,049 115,390 73,657 93, 197 1 17,929 146,215 52,762 r 84, 948 88,984 124,480 1 12,570 139,520 104,593 58, 126 77,100 PENALTY FOX PRIVATE USE TO AVOID FIRST CLASS OFFICIAL BUSINESS 1009 WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS Hours and earnings - Con. Average hourly earnings, ail manufacturing - Con. Nondurab l<» goods dollars Food & kindred prod.... do.. Tobacco manufactures. . .do. . Textile-mill products. .do. . Apparel, etc do.. Paper & a l l i e d prod.... do.. Printing, etc... do.. Chemicals, etc do.. Products of petroleum and coa 1 do . . Rubber products do.. Leather & leath. prod.. do.. # For June 1952. J./ Except ordnance, machinery, and transportation equipment. WASHINGTON 25, D. C. Permit No. July METALS AND MANUFACTURES UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS June EMPLOYMENT AND WAGES - Con. EMPLOYMENT AND WAGES - Con. rj Revised. May July July PAYMENT OF POSTAGE, $300