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SURVEY OF C U R R E N T B U S I N E S S W E E K L Y SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE AVAILABLE O N U WITH SUBSCRIPTION TO SURVEY OF CURRENT BUSINESS AUGUST g». 1947 =====sss==s=ss==sfissss=ss SELECTED BUSINESS INDICATORS ELECTRIC POWER PRODUCTION BY UTILITIES STEEL INGOT PRODUCTION («*•- 39" 100) 50' • i i I • t i I • • • i I i i i I • • ( O L U 0 N 3 OF KILOWATT HOURS) 1 I I I I I I I I 1 I • I ' I I I I I I I I I I I I 1 I I I I | I | I 1 | I I I I COTTON CONSUMPTION (DAILY AVERAGE- THOUSANDS OF • MANUFACTURING EMPLOYMENT AND PAY ROLLS BALES) (UNADJUSTED, 1939'100) ' MONTHU DATA 329 WA6£-E**N£R J.i.ULi J .1,1 ' .i_JL_ _..!., 1 1944 1 1. I !.__!_ l I 1 1 1945 a-J.JLJ._,L.lj-,lJLJLJL. „.J.,I, IJLiJ..!. I J L l j J 1946 WEEKLY 1944 BUSINESS 1947 1945 STATISTICS1 xsac August 23 August 16 19*7 August 9 1$46 August 2 July 26 August 2* | August 17 Oommodity prices, wholesales All commodities £/ 1926*100*. 152.2 150.6 152-7 128.4 128.3 151.3 Parm product* . do.... 181.2 181.4 160.9 180.8 162.0 163.3 Food • ..... do.... 168.0 172.3 171.1 148.1 I67.I 148.9 All other 2/ ,dp.... 135.* 135.2 111.0 134.7 133.7 110.8 28 commodities i/..... August 1939-10O.. 305.5 305.1 307a 241.0 241.0 3O6.5 306.2 Ootton, middling, 15/16", 10 markets £/ dol.per ID.. .340 •3*5 .356 .35? •377 •359 .363 Wheat, *o. 2, Sard Winter (Kansas City) 5/ dol. per bu.. 2.29 2.32 2.29 2*3* 1.94 1.95 2.27 Department store salee 1935-39=100.. 211 223 220 S9 Xasursd unemployment, total $J thoue.. 2,694 1.845 1.916 1,886 2.748 •te»e programs*. ••••••••••••••••••• •«..«• •••«•• .«.«««. .do.... 1,080 1,014 1.137 1,048 1.115 veterans* progress.••••«v...•.•.•••••••••..•••,.••••••.do.••• 728 1.633 1.650 733 Pittances 741 Ouxrenoy in circulation y .ail. &t do!.. 28,228 28,216 28,252 28,140 28,367 j*.358 federal BeeerTe bank credit, total do.... 22,49* 22,211 22,636 22,310 28,143 24,109 24.?38 Member bank reserve balances do.... 16,428 16.^07 16,409 16.354 15.933 16,008 Saceess reserves, estimated do.... 792 849 813 798 898 805 Psderai Be serve reporting member banks in leading cities t J/ 698 Bank debits, total . ail. of dol.• 16,868 17.830 19.029 17.471 18,378 6,6l* mow zorK w*»y.•••••• .•..%»•«••'•• .......••»••••••...do*... 6,298 ^iooq 6.8ys ,7.1*2 Deposits, demand, adjusted do.... 46.574 ^6,809 ^7.187 loans and investments, total do.,.. 63.513 63.6*9 &3°3 63.513 V. 8. Government obligations do.... 38.5«« 38.735 46,923 38.739 47.013 39.15* Ooameroial, industrial and agricultural loans do.... 12,092 12.238 9.212 9.343 Pailuree, commercial number.. 7» "•^ 17 17 Bond yields, domestic corporate (Moody1 e) percent.. 2.79 2.73 2.80 Stock prices, 402 stock* (Standard and Poor*s)..1935-39*100.• 124.4 124.4 lm5-7 146.9 127-9 Industrials, 35k stocks , do.... 130.2 130.0 131.6 130.9 150.9 133.8 Productions Bituminous coal 4/ 8j thoue. of abort ton* 1.958 2,026 2,002 1.967 £•*? h*B XLeetrlc power, by utilitiee. •mil. of kw-hr*. 4,874 4,806 4.73O 4,444 4.923 4,422 Motor vehicles (Wards) £/.... . • • • • • < t . . « « * . « 84,739 79.017 97.712 83.807 91.360 88,990 83.501 Petroleum 4/ thou*, of bbl. 5.088 5.084 5405 4,836 4.843 5.159 Steel j g / 1935-39*100. **isi!9 185.0 • 182.5 186.0 177.1 178.3 freight earloadingt, total , .thoue. of care: 922 920 905 888 Miscellaneous do. 22L 39L. 3ML 32SL 382 1 / Data do not always cover calendar weeks. £ / See note in January 1, 1947 iseue. £/ Thursday prices. 4/ Daily average. 5/ Data for 1947 include dark hard winter not included previously. £ / Por description eee note in July 13, 1946 issue. 7/Shown oTa reVised baale beginning in Supplement for July 18, 19*7- gj Continues series from Bureau of Mines published in the Supplement throng* the June 6 i9*7 issue. 21 ^ata •*• 'or U. 8. and Canada and include passenger ears, ooameroial ears, and trucks. 20/ Week ending August 30 183 l ' £SK 6s;2S S3 fit teller MONTHLY BUSINESS data are available In monthly i s s u e s o f the Surrey and the. 1942 Supplsment. STATISTICS X9U7 July 1946 June April July 00MMODITI FSXC1S Wholesale prleee ( B . 8 . Department of Labor) I Combined Index 1 / 1926»100* Economic classes* Manufactured produoto do... fiav materlale . do,.. Semimanufactured a r t l o l e e .do... farm product!. • do... Graine do*... livestock and poultry.... do... Commodities other than f a n p r o d u c t s , ! / do... Foode do... Cereal products do... Dairy producte do... fruits and vegetables do... Meats do... Coaaoditiee other than f a n products and foods i / . . d o . . . Building materials . do... Brick and t i l e . . . , do... Cement do... Lumber do... Paint and paint materials do... Chemicals and allied products do... Chemicals •• do... Drug and pharmaceutical materials* do... fertiliser materials do... Oils and fats .do... fuel and lighting materials do... Electricity do... Sac do... Petroleum producte do... Hides and leather producte do... Bides and skins do... Leather do... Shoes do... Housefurnishings do... furnishings do... . furniture....*.*..,. do... p e t a l s and metal products,!/ do... Iron and steel .7......^ do... Metals, nonferrous do... Plumbing and heating equipment., do... Sextlle producte • do... Clothing do... Cotton goods do... Hosiery and jadervear do... Bayon do... Bilk.... do... Woolen and worsted goode • do... Miscellaneous .do... iatomobile tires and tubes do... Paper and pulp* do... Vboleeale prices of selected commodities* Coal, bituminous, mine run, composite, .dol. par short ton. J Coffee, 8antoe, Bo. 4 (Bew Tork).... .dol. par lb.. Cotton, middling, 15/16", average, 10 markets........do.... Cotton cloths Mill margins eants par lb.. Print cloth. 64 x 60 dol. per yd.. Butter, 92-eeoro (Bev York) ..dol. par lb.. eggs, U. 8. standards (Chicago) dol* per dos*. Grains and grain products* Corn, weighted average, 5 marketa dol. per bu.. Wheat, weighted average, 6 markets do*.*. . •neat flour,standard patentsOCinueapolis)..dol. par bil.. iBides, packers1, heavy, native eteere.........dol; per i*.-. Livestock and meats* B—t steers (Chicago) dol. per 100 lb.. Bogs, all gradee (Chicago) do.... Beef, fresh, native eteero (Chicago). dol. per lb.. Pork, fresh, loins. 8-10'lb. (Bev Tork) do.... Lumber* Douglae fir, dim.,Bo.l,com.,2,lx 4i-l6l..dol.per M bd.ft.. Southern pine,boards,Bo.2,oomaon,l"x 6"or 8ax 12,..do.... Ponderosa pine, Bo. 3, oommon, 1" x 8" do.... Metale and manufaetureat Pig iron, composite dol. par long ton*. Steel, composite, finished dol. par lb;. Structural steel (Pittsburgh) do.... 8teel scrap (Chicago) dol. par long ton.. Copper, electrolytic (Bev Tork) dol. per lb.. Lead, refined, pigj deeilveriied (Bev Tork)... do.... Zinc, prime, Western (St. Louis) do.... 150.8 rl48*0 144.7 164.7 147.0 181.4 202.3 202.9 142.3 160.2 rl45.9 167.1 15M 1$2.8 139.7 217.9 133.6 176.5 143-3 m.9 269.O 160.4 118.8 119*9 137-4 103.5. 134.8 107.9 206.0 200.9 rl4l.2 161.8 149*2 140.9 145.2 208.6 V112.0 175.? 134.7 114.3 266.1 163.9 120.2 118.7 156.I 101.8 139.2 103.9 rl47.1 1*7-7 184.7 141.7 158.6 141.9 160.1 144.5 177.0 199.8 199.2 141.0 162.4 154.1 148.8 142.2 196.7 131.8 178.8 13M 114.0 273.5 175.5 133.2 U9.5 181.0 101.2 220.1 118*9 141.7 110*2 157.0 181*4 162*9 117*5 140*2 124.9 156.9 130.0 *144.J 175.7 202.4 Z:l 159.8 151.7 138.8 144.3 203.0 »131.9 177.0 13M 114.0 269.* 169.2 127*1 118.7 173.6 102.5 179.9 «s 85.0 86.8 rl70.8 177.7 89.8 178.4 803.5 1874 173.2 129*8 138*1 121.1 143*8 133.3 141.8 123.4 «l 128.8 136.9 120.3 141.4 128.6 143.9 120.0 138.9 133.9 193.0 100.8 37.0 67.9 129*2 116.1 a* 195 100. H:°« 130.1 116.6 # 157*2 p.o 6.901 .256 WO «5 6.33* •237 ft. .242 .674 .434 2.00 2.46 13.27 •262. 27-85 22.11 .434 •552 62.23 64.47 55-83 35.10 25-87 22.06 62.23 64. «g 5*. 33.81 •0329 .216 •613 .409 1.68 2.64 12.74 .223 &.06 22.24 .376 •531 62.23 r65.6§ 8U.0 86.3 166.4 178.1 158.0 172.1 127.4 134.4 120.0 140.3 127-6 141.0 118.2 139.2 133.0 194.7 100.8 129*1 115.7 73.0 152.5 6*33* .258 51.25 .227 •631 .425 39.9 109.5 132.1 122*5 104.0 177.3 U4.9 99.3 98.5 112.6 88.2 114.2 m 80.7 65.1 141*2 169.3 111.9 S2:i 113.3 111.3 102*7 106.0 118.1 120.5 148.6 76.3 30.2 126.7 112.7 IOI.3 73.0 117.1 •126 •340 1.69 2.62 13.17 2.03 2.03 9.53 439 22.93 83.49 •370 •508 a.36 17.9* 62.23 *67.79 52.71 42.63 46.08 40.93 33-81 28-73 .0305 •C&29 •0250 30.875 18.75P 33.050 .2135 .1415 •a23 .1500 .1500 .1050 •1050 r/ Bevised. }J Motor rehiolee are included at current pricee beginning October 1946; i p r i l 19412 prices vara carried forward in earlier omv £tiioan\JvX!^l *•*•"»• c f l 0 , W e d * " * ^ r U 191*2 motor vehicle pricee* i l l commodities, 148.9; nanufactured products lai.fit eommoditiee other than farm products, 141.6; commodities other than f a n products and food, 130.81 m^^ mA^STj^£^l^ • 33-81 .0329 .0250 29.250 .2211 .1500 .1050 MONTHLY BUSINESS Earlier data are available in monthly issues of the Survey and the 1942 Supplement STATISTICS—Continued 3 19*7 July 19*6 June April July OOMMODXTT FRICBS - Continued Wholesale prices of selected commodities - Continued. Petroleum, crude (Kansas-Oklahoma), at walls...dol. per bbl. Gasoline, tank wagon (H.T.) dol. per gal. Sugar, refined, granulated (H.T.) dol. per lb. Wool, raw, territory, fins, scoured do... COMSTBOCTIQH AMD BBAL BSCATB Contract awards, 37 States (f.W. Dodge Oorp.)* Total projects Total valuation thous. of dol..| Building, total do DOMESTIC TBADB Mail-order and store saleet of dol. Total sales, 2 companies ...do... Montgomery Ward* Co , ...do... Sears, Bocbuek and Co WBumam COMDITIOHS HID Vims flmployeeo in nonagricultural establishaentst Unadjusted, total . do... Manufacturing do... Mining do... Construction do... Transportation and public utilitiss Trade do... financial, service, and miscellaneous , ...3»do*.. Government . •..•.do... Production workers, all manufacturing .unadjusted. .i939»ioo. Durable goods industries do... Iron and steel and their products do... Blast furnaces, stee> works, and rolling mills....do... Electrical machinery do... Machinery, except electrical do... Machinery and machine-shop products do... Machine tools do... Automobiles I do... Transportation eojulpmcn't, except automobiles do... Aircraft and parts (excluding engines) do... Aircraft engines do... Shipbuilding and boatbuilding do... Sonferrous metals and products do... Lumber and timber basic products do... Sawmills 1/ do... furniture and finished lumber products do... furniture i/ ' do... Stone, clay, and glass products do... Nondurable goods industries do... Textile-mill products, and other fiber.manufacturee.do... Cotton manufactures, except small wares do... Silk and rayon goods do... Woolen and worsted manufactures do... Apparel and other finished textile products do... Men's clothing ]J do... Women1 s clothing jL/ -. do... Leather and leather products do... Boots and shoes j^/.•••••••••••«••••••..•••••••••••do... food and kindred products.•.........................do... Baking do... Canning and preserving do... Slaughtering and meat packing do... Tobacco manufactures do... Paper and allied products do... Paper and pulp do... Printing, publishing, and allied industries do... Newspapers and periodicals 1/ do... Printing, book and job 1/ do... Chemicals and allied products do... Chemicals do... Products of petroleum and coal do... Petroleum refining.•••••••••••.«•••••••«••••••••..do.•. Bobber products * • do... Bobber tires and inner tubes • do... Honaanufacturing employment, unadjusted: Minings Anthracite do... Bituminous coal do... Metalliferous do... Quarrying and nonmetallie do... Crude petroleum and natural gas do... Public utilities! SLeetrle light and power do... Street railways and busses do... 1.810 .081 1.225 28.73* *9*.397 1.810 472 .081 1.225 1.810 •172 .081 1.225 1.810 .122 .081 1.225 1.260 .151 .060 24,044 605,070 *19,*00 ,29.957 602,338 4*0,985 36,523 *89,98* 260,325 -9.623 * 3.701 3£ 231.957 8*.330 1*7.627 253.591 275.884 104,322 171.562 *2il37 r*2,3*2 rl5.3l7 1690 rl.763 r*,115 r8,580 r6,278 r5.399 rl5l.3 179.5 157.1 128.0 r22l.5 22**2 188.7 1*5.9 rl96.2 r291.8 337.* 302.5 203.5 rl75.i rl58.2 171.0 r!29.8 127.6 rl*4.0 rl29.1 r103.1 11&.5 75-8 98.3 rljl.7 l?3*9 135.9 r99.8 92.9 rl30.3 107-2 67.9 121.1 90.2 rl*3«6 125.7 rl29*l U9.7 137-8 rl87-9 182.1 150.8 139.2 rlBOJt 80.3 r88.7 185.8 r90.7 105.7 95-5 r*l,920 rl5.237 1*3.7 125*0 rl28*6 rll9.0 rl37-2 194.8 I8O.3 1*9.3 rl37.9 184*2 I88.7 81.1 r88.1 89.4 IO4.3 93-3 193.5 A95.0 146.7 137.* 177*0 I83.I 80.1 r83*0 89.6 103.1 92.6 81.4 89-5 78.0 101.2 rl07.5 rl30.4 105.7 130.7 104.8 130.9 101.2 128.9 1,817 *.i» 8,5*0 6.253 5.2*1 150.4 175.7 155.O ........ 215*9 as.i 19*.* 258.0 172.2 I6O.7 ...... 127*0 1*2.2 130.4 101 a 131.* 100.8 ......... 1*2.4 ......... ......... J9.2 1*0.1 ......... 128*3 ......... l5*-5 ......... 175.0 76.7 81.6 89*6 109*6 130.1 rl,685 150.7 178.0 156.6 126.4 213*8 225*9 189*6 150*5 r!86.5 SB 200.5 300.8 r303.* r202.7 rl7?.6 154.8 167.5 129.5 r!27.0 1*2.6 129.1 104.6 116.2 76.7 99.2 131.* 122.2 136.0 99.* 92.1 126.0 106.5 r§9.* -8* l/ fierised. ]J Berised to adjust monthly series to 19*5 data from the federal Security Agency. •995 15*.503 72.667 121,836 40,877 14,526 873 1.627 *.051 8.337 5.975 5,*88 1*3*6 165.7 1*5*7 120.9 203.2 201.8 173.7 161.5 180.2 299-9 324.2 298.3 251.2 171*2 133.5 144.8 119*6 116.7 136.6 126.2 102.8 112.4 75-9 1OT.9 124.5 112.2 129*6 103*0 95-0 131.0 101.4 136.8 102.4 90.7 137.* 120.9 121.1 109.6 132.6 \%i 95.* MONTHLY BUSINESS ladLier data are available In Monthly issues of the Survey and the 1042 Supplement ST A T 1ST ICS—Continued 1$46 1947 July June Hay April July June WPL0HUKT CONDITIO** AMD WAOSS - Continual Hoamanufaeturing employment, unadjusted - Continued. Public utilities - Continued. telegraph 1939^100. Velephone do... Services* Dyeing and cleaning * do... Power laundries do... Tear-round hotels do... ttetail trade do... Nholesale trade do... Labor turn-over in manufacturing establishments* Accession rate monthly rate per 100 employees . Separation rate, total ..do... Discharges... « do... Lay-offs do... Quit* do... Military and miscellaneous do... 194.2 102.3 190.4 102.8 159.2 104.5 127*2 112.4 177.7 112.1 171.7 123.2 112.8 110.2 110.1 109-9 rl27.7 rll2.P 119-4 rill.4 rU0.5 123.7 110.2 118.4 111.3 109.7 ia*5 109.1 117.5 rlll.5 110.5 5.1 130.0 113*6 119*1 106.2 107.5 131.6 112*3 U9.9. 107*2 106.9 r4.S p.4 pl.l P3-2 pa Ararat* price of all listed bonds (f.1.8.1.) dollars.«| 1<«.33 Domestic . do... 74.l6 Per sign. do... Value, issues listed on lev York Stock Ixchangc* Pace value, all issues .mil. of del. I/137.563 Domestic do... 135.175 Poreign*.•••••••......••........•.................do...«J Market value, all issues do....| i / ^ . 7 6 3 Domestic. do. 138.933 foreign... •• dm* 1.5*5 Stocks! Shares listed on Hew York Stock Maehange. 69,365 Market value do. 1.847 lumber of shares listed millions. J 5 :H rt.4 r3.5 •1 102.25 102.70 74.02 137.058 134.93? 2,126 l40,l4S 138,574 1.574 M 7.4 5 :5.6 6.7 5 :J 1.0 3.7 .1 4.6 .2 1*2 4.0 •2 102.63 103.06 76.42 103.52 103.92 8O.97 104.21 104.61 81.64 137.219 135.044 5.3L74 140,833 136.596 134.257 136.648 134,281 J*? 3 9 141,407 1.894 79.132 1.71* »3S 140,474 1.932 66,548 1.829 63,646 1,81k 64,520 1.794 1.OU9 2,247 1,0U 2,472 3.046 r2,64l 1.130 2.559 3.038 2,882 3.529 801 2.098 1.537 3.584 6.885 17.618 15.5M 6.579 13.555 11.738 1,816 6,460 30,439 27.131 3.307 23>7 3.018 rl04,430 rll5,601 «85.293 2M0.338 r968,ii4 r99.380 rl3.337 26.857 43.606 97.527 101,183 102,438 862,912 363.490 357.027 364,591 115,597 334,207 322.805 123,161 297.461 71.933 73.988 243.072 62,742 60,249 oi,24l 61,671 11,426 64.985 8.99 215.995 "995 68, 773 226.577 61.735 3** 6,4* 209,784 52.155 1:3 UfcttlR AMD PBOT0S8 Leather productiont Calf and kid Cattle hide Ooat and kid... id lamb thous. of thous. of hides. thous. of skins. do... 3.283 2,502 JOOALS AMD JUUUPACTUBM Iron ore (Lake Superior district)! thous* of long tons. Consumption by furnaces do... Stocks, end of month, total do... At furnaces On laks Iris docks Copper: 2/ Productions •short tons. Mine or smelter do... Befiaery do... Deliveries, refined, domestic do... Stocks, refined, end of month Oil burners* Orders, new, net Orders, unfilled, end of month do... Shipments do... Stocks, end of month..' •thous. of dol. Machine tools, shipments PAPtt AID PRIMTIMG Sewsprint, Production Shipments from mills Stocks, at mills, and of month, lewsprtnt, United Stetoet ' Consumption by publishers Production Shipments from mills Stocks, tad of month* At mills As publishers1............... Za transit to publishsr* Cotton consumption Cotton spindle activity* Active spindles 4/ Active epindls hours, total*... Average per spindle in place. Operations . . a i l . o» hours. hours. .•percent of capacity. 2S,bJo 25.677 2.7*4 19.59* 2.152 Kg r82,308 103,10(8 116,876 rSl,339 r91.2OT rlOS,464 rll8,048 r83,980 3M69 *5.959 *874,902 *99.171 rt5.392 25.791 110,481 76,570 18,663 379.731 379.065 91.097 2f3.f9« 67.656 68,955 10,652 804,520 105.251 18.9* r2M*3 355.606 375.498 90.U31 292,66k 67,268 60:7*3 11.951 2.078 U0.3S *%& 70.997 755 1:11. 22,360 32.785 33,870 95.267 79.145 106,579 806,181 36.745 5.852 28,580 677.489 728,251 827.^4 882,880 729.603 792.317 21.1*15 8,531 21,3* 9.103 21,624 2l,<05 10.243 r21,578 ra.39 35* 101*7 382 113.6 U9.7 428 121.7 "S 8.807 95.3 ft f T j j f t K & Prslimiaary. !/***•*•*» includes $250,000,000. and market value 8215.000.000 bonds of International Bank. 2/ Beglnnlnc 8 Sspindlss S J i i f active Lt^ S t t aworking r S r aday a f of S ZLZ^Z* Z Z August ? L ^ IJ46T e ^ in monthly ^ , */OaweUations exceed newatordert! c 5 £ imonth* c o ^ a T last month! data Jthrough Survey are number active any time£ /during
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