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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
FEBRUARY 15, J952

AvailabJeonly with subscription to the monthly magazine SURVEY OF CURRENT BUSINESS

SELECTED BUSINESS INDICATORS
1935-1939 « IOO
300

BILLIONS OF KILO WATT-HOURS

STEEL PRODUCTION
(Ingots and Sled for Castings)

ELECTRIC - POWER PRODUCTION
BY UTILITIES

250

200

•1950
150

6.0

100

5,0
OCT.

MOV.

DEC.

(BILUONS OF DOLLARS, SEASONALLY ADJUSTED)

SEASONALLY ADJUSTED, 1947-49-100
160

30

i40

25

120

20

DEPARTMENT - STORE SALES and STOCKS

VALUE OF MANUFACTURERS'
SALES and INVENTORIES

iOO

80

10

1949

1950

1951

20

1952

1949

WEEKLY BUSINESS

Feb. 3

Cotton, Middling, 15/16% 10 warkets i/..*,...«dol. per lb..
Vheat, No* 2, hard winter (Kansas City) ^/«»«.diol. per bu e «
thous

Finances
Currency in circulation ,£/..«. *».»..«....«.«* .mil. of dole.

Federal Reserve reporting member banks in leading cities:
Bank debits, total-.....*. .a..**........ ....oil. of do3».

Commercial, industrial, and &gr» loans (gross) «»#do«»««
Bond yields,, domestic corporate ( Woody *«*} ^/...o....peircent.4
Stock prices, 416 stocks (standard and Poor»s)«.1935-39=10Q««

1952

Feb. 10

Production:
B^ tvo&inous coal 3/» .*.«<»«. •.*.•••«).•• thoxiE * of short tons « @

Htacellaneous. .......... .......0... ................. .do. ...

Jan. 12

Jane 19

28,543
24,372
20,488
918

28,354
24,116
20,660
1,091

28,371
23,707
20,013
543

27,2%
10,277
54,544
74,217
32,283

26,549
9,866
54,586
73,583
32,166
21,286

25,602
9,875
54,328
74,017
32,419
21,160
164
3.20
3B8.7
205.4

2.51
259
1.422
1,376

27,143
23,260
19,075
826

28,787
24,554
20, 369
797

2.46
234
1.122
"5 .071

27,076
23,051
18,984
937
11,584
51,232
69,527
31,504
18,120
159
2*85

25,086
10,214
50,781
69,225
31,093
18,321
191
2.85
174.8
189.7

26,517
10,531

1 ^9
7*0-99
HO/397
5,861
226o8
651
328

1,408
6,95?
106,380
5,784
216.5
573
291

1.960
7,666
85,630
6,084
228.7
743
364

73^729
32,074
21,267
164
3*26
184*5
201*4

Feb. 2
176.3
"*90»8

2.48
273
1.117
1.065

183,3
201*2
187.6
171.7
389.9

Jan. 26
175*9
188*9
186.2
165.0
323.1
.418
2.52
240

177.2
193.9
188.8
165.3
324.6
*423
2.52
265
3,466
1,420

182.1
198 3
184.2
171.7
389.4

172*;

1952

STATISTICS1

GonE&odity prices, wholesales

total

I95i

1951

ITEM

Insured unemployment

I960

176.5
192*0
187.5
165.2
321.5

.a?

158

3.24
187.0
204*2

3.23
189.7
207.5

7 '540
91,940
6,101
229.6

1,870
7,616
88,535
6,099
231.3

748
371

728
362

185.8
165.3
320.3
.417
2.52
246

1,738
7,572
96,324
6,131
232.9
731
368

Feb. 9
175.8
189.1
185.6
164*8
317.7
.415
2*50

28,406
23,656
702

12,183

134
3.18
1B6.9
203.8

94,851
234.1

'I/ Data do not always cover calendar weeks. 2/ Thursday prices, y Daily averages. £/ No quotation. £/ Week ending February 12, 232.9.




MONTHLY
Earlier data are available in monthly issues of the Sorvey
and the 1951 Statistical Supplement

BUSINESS STATISTICS
1950

1952

IS>51

December

January

October

Hoxrember

D&eemb&r

Jar.iiaiiy

GENERAL BUSINESS INDICATORS
Manufacturers' sales and inventories - value (adjusted) s

y

1

Nondura^xLe*"*f ood*!' 'Indus*!' T** P *3 to t&l ••••«**•••••««.« .do • • > «

Tnv<a>r'torips "book vplxiQ ©nd of month total •• .....dc....

21SQ48
9,869
1,926
1.124.
1,035
1,552
1,578
362
283
719
485
227
578
11,179
3,092
54.5
270
1,172
826
279
649
628
1*468
1,831

12.130
3,2%
565
291
1*314
1,059
329
688
675
1.628
1,811
4.54

r22,503
10,700
1,932
1,171
1,077
1,978
1,579
582
284
697
534
230
6?7
rll,803
3,156
503
339
1,167
782
?65
695
837
rl,511
2,102
r //5

33.253

^A 120

7*/l./2/

16,359
2,384,

16,877
2 371
1,791
1,959
3,789
2,200
1.Q3A.
*558
852
654
5^3
1,136
17 243
3.112
1,112
1 613
2j,662
1,565
613
761
670
o •*£•*
2,191
562

A20

1.7/.1

Electrical jfn?v*h'i,nf*ry and ef^^ ps^nt^^^ » » » * . » • » » » • .do. »*»

Prof f^sional gjp'' sci^wtif!?** '!in.s'tTiiiQ0iii"'«?«, « • • » , » • « » « d o « o » »

1,897
3,651
2.144,
9OT
533
829
628
518
1,131
16.894,
3,006
1,073
1 6*>0
2,531
1,*»86
362
732
632
? '#&
2,219
547

22,560
10,4^0
1,956
1,173
1,122
1,654
1,648

360
297
775
533
228

683

r21j»817
2.664
2.A39
2,736
r4,873
2,633
1,%0
552
1,036
829
703
I* 3^3
rl9,608
3^545
^,200
1,766
3,04^
1.498
607
9/L2
7H
•^ AA/

?^5S2
r705

r22,267
rlO,753
rl,957
rl,188
rl,090
r2,095
rl,627
r608
P289
x-618
r526
r232
r523
r3J.,513
r3,OBO
r551
r290
rl,066
r787
r206
r657
r829
rl,486
r2,092
470
yi 1.673
2-22,205
r2,687
r-p^A'Sl

s»2.768
r4,99^
r2,7^1
r2,098
542
rl,051
8JO
r713
rl,379
rl9«468
r3,46$
1,704
rl^824
r2f911
r3 , V*^
r594
r959
r7^3
_•»
A'Vi
rjJj-'.^
Tr2 566
736

21,167
9,9^?7
1,836
1,101
980
1,865
1,625
634
235
562
42*5
238
497
11,170
2,994

593
300
1«141
746
208
599
764
1*404
1,9*51

41,957
22,668
2,799
2,455
?,855
5,136
2*665
2,179
5?3
1.064
843
716
1.434
19*289
3,378
1,194
1,841
?,843
1.425
569
19OQA.
738
^ f>X 7
2,^5

COMMODITY PHICES
Prices received by farmers, all farm products. « .1910^14^100 « e

286
258
233
202
436
339
202
211

.300
275
240

2%
247

sail, of dol.«

^2^

VoO

272
249

191
2S6
203

410
294
247

257
257
257
265
108

262
260
264
272

no

272
26S
277
283
105

274
271
277
284
106

39S»4

?02*4

209*0

r210*3

210.8

2,234
1,721

2,094
1,586

2,709
1,805

2,495
lj.692
915
tLI

2,222
1«521
809
715
SO
3X)

155

JA.7

75

69

923

6?

395
125
140




275
271
278
287
105

374

1,003

r/ Revised. I/ Except farm and public utility.

273
r272
275
284
107

219

445
304
188
171
2%

324

Prices paid by farmers;

CONSTRUCTION AMD REAL ESTATE
New construction, total.. * * . « « « » * » > . . ««.« 0 .

328
379
314
233

234

442
347
192

366
m
360

All commodities, interest, taxes, and wage rates...*. do «..•
Parity ratio (prices ree*d to prices paid by fara»rs)«.do»««.
Retail price, U. S. Department of Commerces
All commodities, index
,.««
1935-39=100..

440
339
177
351
309

300
277
251
234
431
325
171
337
303
320
376
316
200

305
280
253
233

301
267
249
?24
424
U5
172
249
307
13i>
387
305
249

239

902
S30
55

378
12^
122

94*
840
92.
393
178
83

81*!

%

2,127
1*460
720
6*50
57
392
179
90

MONTHLY BUSINESS STATISTICS —Continued
Earlier data are available in monthly issues of the Surrey
and the 1951 Statistical Supplement

r?5>1

1950

December

January

October

1952

November

December

92
336
803
69
269
148
170
74
73

81
305
701
66
260
149
95
68
63

January

CONSTRUCTION AND REAL ESTATE - Continued
New construction - Continued
Private - Continued

DOMESTIC TRADE
Advertising indexes (Printers1 Ink) total 2/»«« 1935~39fc=100. •

71
24,7
513
30
216
24
103
65
75

72
229
508
29
225
95
62
73

108
353
904
67
289
137
250
77
84

371
319
338
372
272

394
347
302
356
283

429
403
307
341
257

427
347
317
347
258

435
357
304
352
253

135
110

%
125

112
108

134 •
11?

183
109

p81
p!07

62,538
60,308
6,234
54,075
2,229

61,514
59,010
6,018
52,993
2,503

63,452
61,836
7,668
*54,168
1,616

63,164
61,336
7,022
54,334
1,828

62,688
61,034
6,378
54,636
1,674

61,780
59,726
6,186
53,540
2,054

47,172
22,216
20 , 778
21,458
47,172
19,810
17,681
1,172
23,587
49*4

47,7^8
23,051
2.1,484
21,160
47,738
20,996
18,984
937
23,026
48*1

48,740
24,427
23,552
21,004
48,740
20,868
19,557
/97
24,261
46.5

49,046
24,734
23,239
21,166
49,046
20,945
19,670
490
24,680
46.4

49,900
25,009
23,801
21,468
49,900
21,192
20,056
r389
25,064
46.4

48,941
23,783
22,729
21,731
48,941
21,004
20,077
P599
24,405
47.9

256,708
254,283
220,575
33,707
2,425
24
22,706
27,741

256,125
253,704
219,712
33,992
2,4?!
18
22,392
27,048

258,298
255,940
220,325
35,615
2,359
37
22,233
28,417

259,604
257,253
221,391
35,862
2,351
43
22,382
28,809

259,419
257,070
221,168
35,902
2.348
42
22,695
29,206

259,775
257,482
221,249
36,233
2,294
38
p22,951
P28.386

137«4
101.53

340.5
101 o 56

131.3
98.22

131.6
97.52

130.9
96.85

130.8
96.27

1.77
2.39

1.62
2.39

2.03
2.61

2.07
2.66

2.10
2.70

2*1Q
2*74

2,138.7
198.8
1,459.3
139.1
39.8
75.3
91*4
87.4
47.6

494.1
105.9
174.0
4*0
72.2
49.5
12.8

532.9
104.3

10.8

13.0
41.7
3j6.8

224*0
43.5
106,1
1.2
.7
49.4
10.9
8.2
4.0

1,805*0
y] ?.A
1,128.9
151.4
36.8
80.9
69.5
80.4
44.5

3.89

3.87

4.19

4.23

4.2S

4.26

84.24
229.26
39.59
74.04

90.86
244*45
42.06
82.05

97.82
269.73
46.04
84.25

94.44
259.61
46*22
79.73

%.73
266.09
46*72
82*30

99.39
271.71
48.61
84.81

158 .4
171.2
164*3
157.8
104.4
139.4

168.6
182.6
175.2
365.9
108.6
152.8

185.0
202.3
193.3
171.4
115.2
154.7

177.7
193.3
182*6

1B2.5
199.1
189.4
167.6
115*5
150.5

187.1
204.3
192.4
169.2
117.0
155.4

24

80
262
667
67
267
140
75
59
59

Department store sales, United States total:
EMPLOYMENT
labor force (Bureau of the Census )s

FINANCE
Federal Reserve banks, condition, end of month:
Reserve bank credit outstanding, total*

.«*.... do «»««

Federal Government finance:

ObligatloTie guaranteed by U. So (krvm'nment.......«*.*do....
Bonds:
Friceat
Bcsaestic municipal (15 'bonds), Standard and Poorfs
Co:rporatioru«»«*..**..*o....o....dol« per $100 bond.*
rieldss
Domestic municipal (15 bonds), Standard and Poor's
Stocks:
Gash dividend ua'VTBent s publicly r^lPffytftd • • • » * tiftj 1 . of tiol.*

64.9

911.5
7.3
82.2
56.1

Yields: Preferred, high-grade (ll stocks), Standard
Prices:

Standard and Ibor's Corporation:
Industrial \3o5 stocks ) ••.•.»••.••••.»...••••• .do. ...
Consumers' goods (182 stocks)........ ..........do....

r/ Revised. £/ Preliminary. J/ Adjusted.




164.6
^H.?

144.2 '

MONTHLY BUSINESS STATISTICS —Continued
1950

Earlier data are available in Monthly-issues of the Survey
and the 1951 Statistical Supplement

November

FOODSTUFFS
Wheat flour:
Production:
Flour.......
thous. of sacks (100 lb.)..
Operations, percent of capacity
Offal...,.,t
*
....short tons,,
Grindings of wheat.
...thous. of bu..

December

18,433
78.0
378,000
42,810

September

19,588
86,9
391,000
45,449

October

November

December

18,795
21,055
88.5 88.2
377,944
456,4%
43,789
49,342

19,876
84,4
403,215
46,684

18,386
82,0
375,647
43,333

3,200
3,5U
746
741
2,454
2,773
2,937
3,412
574 !
655
2,363 i
2,757
8,132 | 8,193
3,065
3,152
5,067
5,041

3,210

2,632
645
1,987

LLTMBKR AND M4NUFACTORES
Lumber (National Lumber Manufacturers Association):
|
Production, total.
mil. of bd. ft..
Hardwoods......*,,
..*,.....do.... i
Softwoods
do....
Shipments, total.,....,
*
.
do....
Hardwoods......*.......*...
............do....
'Softwoods...........
*
..........do....
Stocks, gross, end of month, total..
„««,,......do....
Hardwoods,.......,...,...,...*..,
do....
Softwoods,,..,.,.,....,,.....,
.«
do...,

3,356
776
2,580
3,285
743
2,542
6,645
2,237
4,408

3,009
705
2,304
2,878
651
2,227
6,763
2,291
4,472

40,033
33*270
891
8,006
749
8,451
5,329
668
9,176
6,763

44,875
35,5%
980
8,473
799
9,0245,615
795
9,910
9,279

686

2,524
3,163
690

2

'!oo

2,473
8,240
3,148
5,092

1,941
8,136
2,965
5,171

PETROLEUM AND COAL PRODUCTS
Bituminous coal:

Industrial consumption and retail deliveries, total
thous. of short uans0,
Industrial consumption, total,...
,
....do....
Beehive coke ovens
„.
...do....
Byproduct coke ovens*
........do....
Cement mills........
,,*o, c «do. 9 W o
Electric-power utilities;
,...»
......do....
Railways (class I)......
.................do....
Steel and roning Bins..........................do....
Other industrial.................................do....
Retail deliveries..........................
*..do....
Stocks, industrial and retail dealers* end of month9 total
-thous, of short tons..
Industrial, total..........................
..do..*.
Byproduct coke ovens..,
,
...do....
Cement Bins.......
.......do....
Electric-power utilities,..,,..,,
.........do....
Railways (class I)...........
......do....
Steel and rolling nills......a...................do....
Other industrial
..........................do....
Retail dealers, total.............
...........do«,..

j
|
\
|

!

H3LP, PAPER, AND HUNTING
Wood pulp:
Production, total, all grades........thous. of short tons.,
Bleached'sulphate..
,....„.
short tons..
Unbleached sulphate
,....,..,....
.do.... I
Bleached sulphite.,.,...,.,..
....*....,...,.do,0..
Unbleached sulphite.............
.00....
Soda.*.*,
** e do d *««
Groundwood.......
.......do,...
Defibrated, exploded, etc........,.••,.,..,.,,...,,do..,.

j
j
|
|
j
|

72,131
69,389
16,329
1,361 |
27,529 j
4,513
1,005
18,652 j
2,742 |

1,326
168,086
511,043
187,622
68,734
36,731
199,068
&6,^49

I
|
j
i
|
S
'

|

Stocks, end of month, "total, all grades.,..,.,..... *\»do..«. j
Bleached sulphata.»..*«
«»«»»**.*,..,.,,,,,.0..do.,«0
Unbleached sulphate,,*,....................,«*.«»...do...,
Bleached sulphite
..,....,.,.,...,....*.*«..,do.,«. |
Unbleached sulphite..,...,,,....
,...,,,v,».eo*«do..*« |
Soda.,.,.,,..,...,......
.......ordo,,.. I
Groundwood,..,,
..,*.,.....do..,, i
All paper and paperboard mills (Bureau of the Census }s
j
Paper and paperboard production,total.thous.of short tona,. j
Paper
«....«.,«,,.*
...,,.*.«,-,c«.do«...!
Paperboard
.....o................,do.... i
Building board
.,
.... a n ,..« 0 f > 9 do.,,,, |

,
'
I
;
\

i
T >,I'/5 ,
i *./*r * rl,0.( > |
118

RUBBER AND RUBBER PRODUCTS
Natural rubber:
Consumption.,«...«»..„«,.»»**,»«*,««*.«.**•«.»*.long tons
Stocks, end of month.,,,..
«»,,»*dc»*
Synthetic rubber?
Production
,».*.,,..««,,«•*,.,*«.*. .do*,
Consumption.,,,..,.*,***«,,«,*«o•»*•»«...,,.****»A *e*do*,
Stocks, end of month-,, , * . , . . . * . . . . « * « « , , < > * , < > * . * • « » « < . ode*«

51,340 |
81,65S I
i
4S,417 |

TEXTILE PRODUCTS
Rayon;
Consumption:
Filament yarn. 0 ,«»•«««•»
»,,,,,,,,,,oo,*iail, of lb,
Staple fiber
,,,,,
•
,».,,,*,,,,do,,,
Stocks, producers', end of month:
Filament yarn,,.,
,,•••,,•««•••,,,<»•.•*«,.*<*«*>do.,,
Staple fiber
..,,,»,,»,
*
...fo,,.

80.5
25.5

r/ Revised.




f
72,516 1
70^0^ j
16,776
1,369
27,121
5,105
1,012
18,671 j
2^462

1,252
162^222
467,746
169,696
68,152
34,931
197,756
84,495

i

8'",?'9
14,4-*
9,*>/'
18f>17
n,2V*
^3
29, £'+2

1
j
j
I

;
I
1
J
I

34*855 j
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