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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
Avoiloble only with subtcription to the monthly mogqiiiw SURVEY OF CURRENT BUSINESS
DECEMBER 19. 1952
SELECTED BUSINESS INDICATORS
1956-3* > 100
SOO
250
8.0
200
7.0
150
6.0
IOO
5.0
ELECTRIC - POWER PRODUCTION
By UTILITIES
, I , I I I , I , , . I I I I . I , , , I I I , I I I ! , I , I I I I I I I I I ! ! I I ! . I I 1
1935-39 * 100
260
THOUSANDS OF VEHICLES
250
tr*
BILLIONS OF KILOWATT-HOURS
9.0
STEEL PRODUCTION
(Ingots and Steel for Castings)
MOTOR-VEHICLE PRODUCTION
(Passenger Cars and Trucks)
PRICES of 420 INDUSTRIAL STOCKS
(WEDNESDAY CLOSE)
220
180
140
1949
$950
1952
!00
1949
1950
1951
1952
1
WEEKLY BUSINESS STATISTICS
19!51
ITEM
Dec. 8
Commodity prices, wholesale:
A l l commodities
.......
1947-49* SOO .
Farm products
,
,
» .... do. ...
Foods, processed. . , , . ...... . . , « ....... „ ............. .-do. . . ,
A S ! other ,,..,.....,,...,,,..,
..,.,,..
. do
22 commodities (revised series} 2/.
, ..do.,.
109,6
Cotton, m i d d l i n g , 15/16", 10 markets 3/_
dol. per lb..
,431
Wheat, No. 2, hard winter (Ksnsas City) ^/....dol. per bu..
2,55
Department store sa !es ............ , . , . , , .". .... !94-7~49» iOO, . 191
f nsured unemp (ovment, tota {.,,..,.,.....,,.,... . , - , s thous, ,
1 , 036
State programs -..,.,.,.,..».,, , , ,
» . .,
do
1,003
Finance.'
Currency i n c i reu ! at 1 on 3/ ......... , . . „ . . , , n» ' i . of do28,932
'..
federa 1 Reserve bank cred it, tot a ! ,,,..,.,......,,.,. do,. ... 25,081
19,919
Member bank reserve balances. ... . ,...,....,......,.. .do. ...
Excess reserves, estimated. » . » « , „ , . . , „ ...
do . , ,
725
Federal Reserve reporting member banks in leading cities;
Bank debits, total... .
mi 1 of do!
28 964
New York City,
..
do
! I , 624
Deposits, demand," adjusted...,,
do
53,204
Loans and investments, total .
do
73 072
U. S, Government obligations
.. do
31,856
21,006
Commercial, industrial, and agr loans (gross)... do
Failures, industrial and commercial
number .
136
Bond yields, domestic corporate (Moody 's) 3/
percent..
3.24
f
Stock prices, 480 stocks (Standard and Poor s) .. 1935-39*100. .
181.0
Industrials, 420 stocks
do....
197.3
Production:
Bituminous coal 3/
thous. of short tons..
1,880
Electric power, by u t i l i t i e s
m i l . of kw.-hr..
7,444
Motor veh i c les (Ward ' s)
number . . 1 12,465
Petroleum, crude 3/
thous. of bbl .
6, 134
Stee 1 4/
1935-39-100. .
232.0
Freight car load ings, total
thous. of cars
774
Mi seel laneous
do.
388
1952
Dec.
15
Nov.
15
Nov.
22
Nov.
29
*l 13.5
*l II .3
*! 10,7
*l 14,6
109.7
.420
2.55
213
1,057
1,021
**l 10,7
**I03.8
**I07,7
##! 12.8
#9 i , 7
.350
2,47
i30
723
681
91.5
.342
2.48
134
713
668
91.3
.344
2.42
138
795
747
29,069
24,980
19,964
647
29,897
25,696
20,447
608
29,880
26, 193
20,738
752
30, 141
26,301
20,917
603
30,302
26,751
20,939
27,096
1 1,238
54,243
73,771
32, 1 15
21,219
143
3.25
182.8
199.2
25,574
9,794
53,312
76,997
32,015
22,727
148
3.21
187.1
202.4
33,625
12,786
53,219
77, 1 10
3 1 , 859
22,862
167
3.20
191.7
207.6
29,513
1 1 , 925
53,960
78,458
33,039
22,876
127
3.19
193.7
209.8
28,426
1,919
7,667
1 1 1,410
6, 136
233.1
753
376
1,803
7,884
137,903
6 543
248.0
829
394
1,738
7,971
123,531
6 582
247.8
81 1
389
1,800
7,701
1 13,250
6 587
246.9
670
336
1 673
8 165
120 666
6 394
244.3
7 19
365
1 10.0
102.4
104.3
13
109.6
99.8
104.2
1 12 8
90.6
.331
2.48
1 12 8
91.3
.339
2.46
194
30,395
26,860
20,868
642
660
1 1,918
1 1,933
54,392
78,266
32,947
22,949
120
3.18
195.0
21 1.2
I/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily averages. 4/ Week ending December 20, 245.9. *
for December 1951. ** Monthfy index for November 1952. # Wednesday price.
Dec.
Dec. 6
157
3.19
196. 1
212.6
123,312
247.3
Monthly index
MONTHLY BUSINESS STATISTICS
Earlier data are a v a i l a b l e in monthly issues of the Survey
and the 1951 Statistical Supplement
1951
October
1952
November
August
September
October
r21,898
rI0,437
i1,460
43", 107
23,000
19,908
r2i,792
r9,938
r23,663
r I 1,510
r12,154
r43,224
r23,292
r19,932
r24,386
r 12,198
r!2,!87
r75 ? 662
r72,305
24,632.
I 1,974
12,659
43,310
23,597
!9,7S3
24,5%
I 1,994
12,602
74,691
71,471
3,220
I ! ! .8
106.6
115.6
96.9
99.3
I 10.3
106.5
I 16,4
105.9
109.4
113.2
104,0
I 14.3
92, I
48.9
I I 1.0
107.0
106.2
107.6
101.3
100.3
108,5
I 12.0
107.3
I 12.6
93.7
III. I
104.9
I I 1.7
95.0
94.8
!08.5
106.4
I 15,9
S05.9
104. !
! 13.0
103.9
113.9
November
GENERAL BUSINESS INDICATORS
Manufacturers' sales and inventories - value (adjusted):.
Sales, total
m i l . of do I.
Durab le-goods i ndustr ies
do. ..
Nondurab le-goods i ndustr ies
do...
inventories, book value, end of month, total
do...
Durab le-goods i ndustr ies
,
,.,,,,.,,.. ,do, . ,
Nondurab le-goods industries
do. ..
Manufactuters' new orders, net - value (adj.),totaI....do...
Durab le-goods i ndustr ies
do.. .
Nondurab le-goods i ndustr ies
>.
do. ..
%
Manufacturers' u n f i l l e d orders (unadjusted), total
do...
Durab le-goods i ndustr ies
do...
Nondurab le-goods i ndustr ies
do.. .
20,469
24,297
12,567
11,730
65,352
61,665
3,688
22,373
10,710
11,663
42,692
22,337
20,355
23,406
I 1,820
M,586
65,717
62,076
3,64s
! !3.7
M ! ,5
96. I
10!. !
I 14,5
! I 1.6
106,8
108,5
105.6
i 19.5
I !4.6
108.8
120.9
95.6
71.8
107.5
108.7
106.8
108.7
98.0
99.2
110.9
I 12.8
107.9
I 15.4
93.0
i 13.6
I 12,0
106.9
103.9
108.5
S I J.O
107.8
i I !. I
106. I
I 15.8
I 14.5
108.6
120.9
95.0
65.2
108. I
109.8
106.9
108.8
98.0
99.2
I 10.9
112.7
107.9
I 15.5
93.0
108.3
! I 1.5
106.8
112.5
93.7
! 13.6
I 19.4
109.5
I 10. I
121.7
121. I
120.2
120.2
123.6
121.8
I 16.0
122.4
I 14.6
123. I
124.0
I 13.6
121.4
I 12.4
117.4
118.8
122. I
144.7
133.9
103.9
103.3
100.8
122.5
107.0
118.0
87.6
100.3
121. I
120.8
120.5
120.2
123.8
122. I
I 16.3
122.5
I 14.4
123. I
124. I
I 13.6
121.4
112.4
I 17.7
I 18.4
122.4
144.6
133.9
103.9
102.3
102.3
123.2
91.5
122.0
107.5
105.9
105.0
96.5
110.6
64.4
89.3
120.5
120.6
121.4
121.5
125.3
I 19.8
I 19.7
124. I
I 13.7
127.2
124.4
I 13.8
121.3
I 12.4
I 17.7
I 15.6
124.0
127.8
126.3
99. I
99. I
97.6
139.3
90.5
113.3
110.8
I I 1.2
105.7
0.740
.664
1.680
2.472
36.29
18.30
0.737
22,726
10,770
I 1,956
42,437
2i,%a
S ! ,854
r 75 /?2C
r7!.8S2
3.333
COMMODITY PRICES
Wholesale prices (U. S. Department of Labor), indexes:
A l I commodities
1947-49=100.
Farm products
do.. .
Fruits and vegetables, fresh and dried
do...
Grains.
,
do.. .
Livestock and l i v e poultry
,...
....do...
Foods, processed
,.. .do. ..
Cereals and bakery products
, „ .do.,,
Dairy products and ice cream
,,
do..»
Fruits and vegetables, canned and frozen,..„...,.do...
Meats, poultry, and fish
do...
Commodities other than farm products and foods.....do,..
Chemicals and a l l i e d products....
,
,.do...
Chemicals, i ndustr i a l
.....,,»
do. ..
Drugs, Pharmaceuticals, cosmetics
do...
Fats and o i l s , i n e d i b l e . . .
do...
Fert i I i zer mater i a I s
do,. .
Pa i nt and pa i nt mater i a I s
do...
Fuel, power, and l i g h t i n g materials
do...
Coa I
do...
E lectr ic i ty
do.. .
Gas
do...
Petroleum and products
<,
do...
Furniture and other household durables
do...
App I iances, household
do. . .
Furniture, household
do.. .
Radios, television, and phonographs
do...
Hides, skins, and leather products
do...
Footwear
do...
Hides and skins
do...
Leather
do. ..
Lumber and wood products
do...
Lumber
do. ..
Machinery and motive products
do...
Agricultural machinery and equipment
do...
Construction machinery and equipment
do...
Electrical machinery and equipment
do...
Motor vehic Ies
do...
Metals and metal products
do...
Heating equipment
do. ..
I ron and stee I
do...
Nonferrous meta Is
do...
Nonmetallic minerals, structural
do...
C lay products
do...
Concrete products
do.,.
Gypsum products
do...
Pulp, paper, and a l l i e d products
do...
Paper
do...
Rubber and products
do...
Tires and tubes
do...
Textile products and apparel
do...
Appare I
do...
Cotton products
do.. .
S i l k products
do...
Synthetic text! Ies
do.. .
Woo I products
do...
Tobacco manufactures and bottled beverages
do...
Beverages, a Icohol ic
do...
C i garettes
do.. .
Wholesale prices of selected commodities:
Butter, 92-score (N.Y.)
dot. per Ib.
Eggs, extras, large (Chicago)
dol. per doz.
Corn, weighted average, 5 markets
d o l . per bu.
Wheat, weighted average, 6 markets
do...
Beef steers (Chicago)
dol. per 100 Ib.
Hogs, all grades (Chicago)
do...
Beef, fresh, steer carcasses, good ( N. Y. )..dol. per Ib.
Pork, fresh, loins, 8-12 Ib. (N. Y.)
do...
r/ Revised.
91.5
120.8
107.5
105.8
105.7
0.707
.669
1.709
2.404
36.75
20.09
.601
.557
.599
.460
M2.2109,9
124.3
96,9
106,4
MO. 5
106.4
! 14.3
105. !
I 12.3
! 13.0
;04.0
I 14.6
92. i
47.5
I 10.9
106.9
105.8
106.5
100.7
iOO.4
.553
1.764
2.413
32.52
19.98
.559
.612
I 10
64.4
89.3
120.4
120.6
121.5
121.5
125.8
I 19.7
119.7
124.6
I 13.7
127.5
124.7
113.8
121.3
112.7
117.7
115.6
124.0
126
126
99
99
98
139
89.9
I 12.4
I 10.8
I I 1.2
105.7
0.732
.553
1.716
2.474
32. 19
19. I I
.562
.569
92.0
51.0
I I 1.0
106.5
106.6
113.3
! iO.7
103,8
! i3.2
96.5
93.0
107.7
107. I
115.5
105.9
101.9
I 12.8
103,
91
53
! !I
!06
106
I 13
98.5
98.5
iOO.4
iOO.4
108.5
I 12.0
107.2
I 12.6
108. i
! 12. I
107.2
i 12.8
93.7
93.8
96.7
I 10.6
65.4
90. I
S20.2
120.2
121.3
121.5
125.8
119.0
119.7
124. !
I 13.7
127.3
122.9
I 14.4
124.0
112.7
.17.7
115.5
124.9
126.0
126.3
99.2
98.4
99.2
140.0
89.5
I 13.2
I 10.8
I 11.2
105.7
97.8
I I 1.0
69.9
90.5
119.7
120.0
121.3
121.6
126.2
I 19.0
I 19.7
123.9
113.7
I 12.7
I 17.7
115.5
124.9
126.5
126.3
98.6
98.3
98.4
130.3
89. I
112.6
I 10.8
I 11.2
105.7
0.716
.631
1.571
2.519
32.09
18.55
.556
.515
0.699
.560
1.569
2.567
31.37
16.76
.545
.449
127,
122,
I 14,
124.0
MONTHLY BUSINESS STATISTICS —Continued
19 52
l<351
Earlier data are a v a i l a b l e in monthly issues of the Survey
and the 1951 Statistical Supplement
October
November
August
September
]
COMMODITY PRICES - Continued
i
Wholesale prices of selected commodities - Continues
Pig iron rornposste
«.
. . * . . .do I. per '
S tee ! , compos 5 te » f i n i s hed .,, ...-..«.,-........ do !.
r
Copper electro!yti (N Y.)
„»„.....,.*..
Lead ref i ned p i cj , des i ! ver '•< ^ec' (N Y . }
Zinc prime W^s+ern (St L^uis^
, , . ....
'it">
Wool, raw, territory, fine, scoured (Boston).... . , V., ,
-, s ?V7 1|
Vt1 /f)
I
„'.'
l
^'
. 04 ? • *
">4"/0
1900
1950
I/ ! . 962
ejft ^1
0498
24 ">0
i 600
! 40f»
] / ! . 650
F
~
October
"
November
** 3!
04Q8
2420
1600
1398
1/1.596
56 31
0498
2420
1440
i330
1.665
56 3!
0498
2420
. 1416
1250
'.725
952,218
1,446,381
1,079 900
564
604
572
521
551
398
125.8
129.7
CONSTRUCTION AND REAL ESTATE
Contract awards (Engineering News-Record):
1
Enaineering construction value 2/
...... .thou^ <M ?ir. ;
Construction cost indexes:
American Appraisal Co * Average 30 cities
. 1 9 '• "S-.- i 00 .
1,026, 973
1,024,77*5
538
562
548
495
532
379
! 19,6
120.8
538
562
548
494
532
378
120.0
120.9
558
602
555
513
549
393
125.6
129.5
561
604
556
514
551
394
125.6
129.9
562
604
557
521
551
397
126.0
129.9
4.4
47
.4
1 .4
2.5
4
39
43
.3
1.7
1.9
4
5 9
46
.3
1.0
3.0
3
r5 6
4.9
.4
.7
3.5
3
p5.3
p4.2
p. 4
p. 7
p2.8
P3
123,770
47,971
75,799
1 17,231
44,802
72,428
1 10,578
43, 166
67 , 4 1 2
3,479
653
64
190
719
73
312
304
1,665
r3,977
r8!8
r83
r222
r269
r62
r243
r359
r 1 , 92 1
6,841
6,732
10,212
New York
do
San Franc i sco
do, , . .
St. Lou is
do.
Assoc i ated Genera 1 Contractors (al 1 types)....,... . . do. . . .
Engineering News-Record: B u i l d i n g 3/
1947-49* 100 .
Construction _3/. . , .
do. ...
EMPLOYMENT
Labor turn-over in manufacturing establishments:
Accession rate
.
monthly rate oer 100 emoiovpes
Separation rate, total
....
.. do. .
D i schsraes .
.
...
,
. . do . .
Lay-offs . .
do. . . .
M i l i t a r y and miscellaneous
do
FIN.ANCF
Bank debits, total (I4i centers)
New York City
Outside New York City
m i l . of do!..
do. ...
do. ...
TRANSPORTATION
Freight car load ings:
Cars, total (A A R > 4/
.
.
. .
Coke
. .
,. . . .
Forest products
Grai n and grain products
Or e
..thousands.
. . do ....
do. . .
do. . . .
„
Mi see 1 laneous
do ....
do. ...
2, 2! 0,572
123,886
49,278
74,608
137,731
55,560
82, 171
1 15,497
44,746
70,751
3,882
613
58
243
263
42
447
364
1,852
3,363
636
57
179
187
49
387
289
1,579
3,294
439
58
178
221
66
357
302
1,673
4,001
713
74
275
253
67
371
360
1,938
6, 137
6,41 1
9,505
8,634
8, 159
1 1, 126
7, 132
7, 182
10,597
6,844
6,852
10, 132
34,751
1 5 , 673
912,263
28,420
1 1,053
917,205
6,453
8,006
929,033
9,837
1 1 , 509
921,480
20,691
15,909
909-, 08 1
10,322
9, 129
754, 147
12,645
1 1,271
IO,96I
6,674
756,52!
9,550
8,52!
2,677
3,980
760,079
5,936
4,785
3,208
6,204
754,200
8,585
7,504
3,859
9,053
745, 181
1 1 , 446
10, 1 16
500
1, 140
5,651
1,084
457
I, I22
6,53!
922
426
1,135
3,592
1,020
496
1,215
4,290
1,243
602
1,390
5,492
1,427
510
1, 151
5,772
1,069
9, 122
103
8,799
1 03
8,499
92
9,062
102
r9,807
r 107
9,446
106
79,432
73,583
68,365
23,084
79,376
77,419
70,084
25,041
78, 167
78,435
72,963
96,651
76,019
78, 129
69,343
94,541
80,588
79,787
71,659
95,342
78,563
90,756
81,439
83, 149
4,675
51,675
4, 129
49,207
2,663
34,320
3,705
46,890
r4, 150
32,480
3,354
40,850
FOODSTUFFS
Fermented malt liquors:
Product i on
thous . of bb 1 . .
Tax- pa id wi thdrawa Is
do. ...
Stocks, end of month
.,
do
Disti 1 led spir its:
Production .
thous of tax gal
Tax-paid withdrawals
do ...
Stocks, end of month
do
Whisky:
Production .
.
.
do
Tax-paid withdrawals
do
Stocks, end of month..
do....
Rectified d i s t i l l e d spirits, product ion. thous. of proof gal..
Wh i sky
do. ...
Livestock slaughter (Federally inspected):
Ca 1 ves
.*.... thous . of an i ma I s . .
Cattle
do
Hogs
do. ...
Sheep and lambs
do....
METALS AND MANUFACTURES
Steel ingots and steel for castings:
Product i on
Percent of capac i ty
Zinc, slab:
Product ion
Shipments, total
Domestic....
Stocks, end of month
thous . of short tons . .
short tons. .
...do....
do....
do....
PETROLEUM, COAL, AND PRODUCTS
Coal, production:
rj Revised. j>/ Preliminary. \_/ Nominal price. 2/ Data for November 1951 and October 1952 are for 5 weeks; other months, 4 weeks.
3/ Data reported at the beginning of each month are shown here for the previous month. ^/ Data for November 1951 and August and November
1952 are for 5 weeks; other months, 4 weeks.
MONTHLY BUSINESS STATISTICS—Continued
Earlier data are a v a i l a b l e in monthly issues of the Survey
and the 1951 Statistical Supplement
19;51
September
19 52
October
July
September
August
October
PAPER AND PRINTING
A l l paper and paper-board m i l l s (Bureau of the Census):
Paper and paperboard product ion, tota 1 .thous. of short tons..
Paper
do. . .
Paperboard
do. . . .
Bu i Id i ng board
do. . . ,
Paper, excluding b u i l d i n g papier, newsprint, and paperboard
(American Paper and Pu fp Association):
Orders, new
short tons..
Production....
.,
do....
Sh i pments
do. . . .
Stocks, end of month
do. . . .
F i ne paper :
Orders, new
.
...
....
do....
Product ion
do. . . .
Sh i pments
do. ...
Stocks, end of month
'
do. . . .
Printing paper:
Orders, new
, . .do. . . .
Product i on
;
do. ...
Sh ioments
do. . . ,
Coarse paper:
Orders, new
Production
Sh i pments
Stocks, end of month
do....
do. ...
do. ...
do. . . .
RUBBER AND ^RUBBER PRODUCTS
Nature! rubber:
Consumpt i on
Stocks, end of month
Synthetic rubber :
Production
Consumpt i on
Stocks, end of month
Tires and tubes:
Pneumatic casings:
Product i on
Sh i pments
Or i g i na 1 equ i pment
Stocks , end of month
Inner tubes:
Product ion
Sh i pments
Stocks, end of month. .
long tons. .
do....
do. . . .
do. ...
do....
thousands . .
do. ...
do. . . .
do. . . .
do. ...
do. . . .
.do. . . .
2,018
1,043
874
102
r2,2!9
1 166
r94l
r 1 12
1,762
869
783
1 !0
835,693
851,819
837,409
325,907
942, 156
946 1 58
947,030
325,035
715,288
674 759
67 ! f 74
384,550
r 752, 557
r775 723
r 768, 208
r 422, 465
r809, 151
r756 475
r 750, 838
r 426, 675
870,000
8^7,000
841,000
422,985
109,384
! 10,546
1 ! 0,422
63,325
121,329
123,623
121,489
65,959
83,848
84, 195
81,323
84,750
r82,938
r 100,213
r 98, 080
r 93, 850
r94,582
r 100,268
r94, 158
r 99, 960
109,000
1 13,000
110,000
102, 195
278,225
286,834
280, 135
119,619
320,338
313, 161
317,865
1 14,915
262, 177
238,014
232,209
145,300
r 258, 666
r267,433
r264,5!7
r 140,775
r 298, 032
r256,92l
r255,785
r 141,915
305,000
292,000
290,000
143,910
294,386
296,567
292, 133
88,720
32 1 , 5 1 5
324,031 .
325,340
87,41 1
22 1 , 930
716,743
212,740
99,000
r257,062
r256,307
r25 1,791
r 130, 250
r259,555
r245,086
>r 244, 732
r 129,500
287,000
268,000
273,000
124,500
36,887
56,941
37,407
63,501
32,760
84,839
32,941
84,657
r 39, 274
r84,!90
45,058
82, !20
70,870
68,460
99,889
79,285
68,923
109,407
58,992
58,642
152,373
59,214
61,214
150 254
58,352
r 66, 668
r 141,837
62,553
73,534
132,998
7,414
6,640
2,519
4,740
7,771
7,050
2,553
5,514
7.097
1, 186
1 1 , 647
6,933
7,989
1,632
i 0,637
7,39!
8.049
2,826
9,960
8,663
7,846
3,200
10,821
5,695
5,042
6,831
6,270
5,603
7,471
4,790
4,507
1 1,223
4,867
5,431
SO, 627
5,397
5,984
10,086
6,220
5,859
10,386
1 1 , 862
12,605
29,330
13,617
14,374
28,573
1 1,768
1 1 , 637
29,905
13,892
14,447
29,350
14,076
15, 155
28,200
i5,627
16,757
27,068
7, 148
2,059
990
942
126
r2,027
969
r94l
1 18
2,279
1 080
1 075
124
TEXTILE PRODUCTS
Hosiery:
Production
Shi pments
Stocks, end of month
..thous. of dozen pairs..
do. ...
do....
r / Revised.
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D. C.
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $300
FIRST CLASS
OFFICIAL BUSINESS
Permit No. 1009
WEEKLY SUPPLEMENT
SURVEY OF CURRENT BUSINESS
@FedFRASER