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SURVEY OF CURRENT BUSINESS
W E E K L Y SUPPLEMENT
STED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC
COMMERCE
FEBRUARY
22,1947
SELECTED BUSINESS INDICATORS
STEEL INGOT PRODUCTION
ELECTRIC POWER PRODUCTION
MOTOR VEHICLES PRODUCTION
(BILLIONS OF KILOWATT HOURS)
(THOUSANDS OF VEHICLES)
11935-39 «100)
MANUFACTURING EMPLOYMENT AND PAY ROLLS
\NJUE OF {MANUFACTURERS' INVENTORIES AND SHIPMENTS
(MttRAQE MONTH, 1939-100)
(UNADJUSTED, I S 3 9 - I 0 0 )
400
MONTHLY OATA
325
Mr nous
*s~"
2 SO
, - WMX-£AfHt£ttS
100
1944
1945
~ L _ l . . i . . i . l i.,1,1.,1 i |
1 L 1 1. 1 1 1 ,1 1 ,1 1
!947
1946
1945
,l..i.J,l 1,1 1.I..U..L. 1 1 ,11 1 I. 1 1.1 1 1
1946
1947
WEEKLY BUSINESS STATISTICS^
194?
1946
Feb. 15 Feb. 8
Commodity prlcee, wholesaleJ
All commodities 2/
1926*100.,
141,7
1U0.3
164.6
154.I
127.5
305.1
107-2
3.3I.O
108.0
101,1
183.4
1946
19^7
Feb. 1 Feb.. 16 Fee. 9
107-1
130.4
107.1
101.1
137.4
ton product.?
.
dot...
165.5
Food
0
.
do....
150.7
M l other 2/o
...do...,
126.1
28 eonuxditiOB £/
August 1339*100..
309.2 310.0
Cotton, saddling, 15/l6"« 10 markets. 4/
.326
dol. per. lb...
.260
032
•317
.255
*Jhe&t, tic- £.., Hd.Win.(K.C.)..dol. per. bu.,.
2.17
2.11
1.69
2.22
5/
'Oo^r taenfc ntore saloa
1935~39«100...
214
209
219
217
'Snauv va uaouuiJ-oynen f,. total 6/..,
tooua..
2.358
3.3*7
3*290
Wtti '>•'.} iirogran't.«„.,. „..,..
do
1,126
l,*62
1,883
!
Vst•?.*. wi!> pro^l'flMS. „
.,
uo...,.
1,146
l,3oi
•'••' aanci.^
j!.-:tii!v dt;ol*;9l ftwraber bunko i n 1 0 i c i t i e s !
•£a inl
. n i l . of ciol.,. 12.&59 17,16k
16,375 1.J.140 15.761
.view York OLtjf ,,..
*
.do....
5.23$ 7.817
7.U62
6,991
6,053
Jin-* 1 >ucy In oirQulat&an 4 / . ,
d o . . . . 28,346 23,301 28,272 27.S5S 27.9»H
>'o-.Uviu'A Aoeervo bank c r e d i t , t o t a l . . . . d o . . . . 24,633 24,050 24,514 23.333 ^3,840
Pet. 15 Feb. 8
Finance - Continued.
Member bonk reserve balances...mil. of dol..
Kxcess reserves, eat
touted
do....
Federal Reserve reporting newber banks:
Deposits, demand, adjusted...mil. of dol..
Loans and investments, total
do....
U.S. Government obligations J,/....do....
Comoer., Indus., and agr», loons..do....
Failures, commercial
nunbor..
Bond yields (Moody's)
percent..
Stock prices (402 atocku)...,.. .1935-39-100..
Production:
Bituminous coal 4/...:thoua. of Hhort'tons..
Kleetric power
mil.of kw-hr ..
Motor vehicles (Vardo) 8/
number..
Petroleum 4/
7
thous. of bbl..
Steel 2/
1935-39*100..
Freight carloedings, total....thous. of cars -,
Miscellaneous...
do..
Feb. 1 Feb. In
15,904
738
16,095
728
l6,l?4
695
3^.127
55.300
35.150
10.673
62
2.78
131.3
39.U24
55.567
35,59?
10,573
U
5
2.77
129-7
39,902
55.305
35.636
10.499
65
2.77
128.1
93,592
2,050
2.?93
4,801
U.777
89.958 94,114
4,650
^.770
I83.5
I83.1
767
"3-7
Feb. 9
15.717
1.115
S:d
49,489
7.361
37.8P1
6B,2P1
49,716
7.3^
27
?5
?'.67
148.9
144.6
2,011
2,08-'?
•3,91*9 3.933
21.559 ?3.7S5
4,710] 4,691
10.9
U.9
707
713
?8S
$1
ij Dei;; io not ulv&yo cover calendar wooko. 2 / See note i n January 1 1 , 1947 imauu. 3 / Thursday p r i e e a . 4 / Daily avora/'.?. £ / No quotation. 6 / Data from Federal Security
Agancyj » w note In July 1 3 , 1946 i s s u e . 7/ Direct and guaranteed. 8/ D^ta arc* for U.i ». and Canad* and include paftnongar cars, commercial coni, and trucks.
S/ ffebruary 2 2 , 1 8 4 . 5 .
MONTHLY BUSINESS STATISTICS
Karller data are a v a i l a b l e i n monthly i s s u e s
of tha Survey and the 1942 Supplement
GOtiSlSUGXION AND 21HAL JBSXASfi
Engineering construction:
Contraot jurards (».K.2i.) jL/..thoua. of d o l . . |
Construction coot indexes:
Assoc. Gen.Contractors ( a l l types) 1913-alOO.„I
fiugincering Hewe Hecordt
Building c o o t . . . « , . . . . , . . . , . < ,
.do.... I
Construction ( a l l t y p o s ) , , . . . ,
do.....
430,970
aiPLQYMSBIX Q0A.DISX0NS AND WAGKS
Smploynent ( U . S . Department of Labor) 1
Smployeea i n xxonagricultural establlshmentiii:
Unadjusted, t o t a l
thouo.J
Manufacturing
do....
Mining
do....
Construction.....
do....
Transportation and p u b . u t l l l t l o s . . d o . . . .
Sr«de
do....
Financial, service, and m i s o l . . . . . d o . . . .
Government
„
do... J
Production workerB,all mfg.unad,|.2/l939«100..
Durable* goods
.,
...T»...do...J
Iron and steel and their products.do....
Blast furnaces,steel vorko, et<:.do....|
vj lievisedc aj Data not available. 1/ Data for
1946
19^7
January
January
3^8.277
277.Ol
241.0I
297.41
390.8
243-9,
319.5
39,657
37.013
15,033
13.23&
831
810
1,508|
1,132
3,939
3.897
7,961 j
7.^31
5,2l6
4,984
5, l69
5.*73
149.5
130.2
172.8
144.1
Ip0.4
131.9
115.5
a/
January 1946 and
November December
Barlier data are available in monthly lnnuee
of the 3urvey and the 1942 Supplement
19*7
19U6
January
January | November Deceribpr
XMl'LOYMSNT COlTPlTlOtiS AND WAGKS « Continued
|itaployment(U.S. Department of Labor) - Con.
2Y5.825| 352.855 Production workerB.mfg.,unftdj. Zf • Con.
Durable goods *• Continued. "*
270.0
275.0
Electrical macliinery
1539^100.
Machinery, except electrical
do...
278.5
288.8
Machinery and machine-shop prcd. d o . . .
Machine toolo
do...
368.1
381-7
Automobiles
do...
Transportation equipment,exc.autos.do....1
Aircraft and parto(exo.engines)..do.
Aircraft engines
.do.
r40,381
Shipbuilding and boatbuilding....do.
r40,795
Nonferrous metals and products... ...do.
rl4,967
rl5,048
Lumber and timber basic » r o d u c t e . . . d c . . . |
828
rS19
Sawmills
do..
1-1,303
rl,642
Furniture
and finished lumber prod.do..
r4,005
r3.977
Furniture
do..
'8,259
re:,5io
Stone, clay, a n d glass products....do..
5,2^4
r5.26o
Nondurable goods
do..
»5.270
r5.439
Textile-mill products, etc
do. . . . |
149.1
1^9.9
Cotton mfrs.,except email wares..do..
Silk and rayon goods
do... J
124.0
Woolen and worsted manufactures..do...
Janus
?•/
1
Janus?•/ 1947 aro
for 5 weeks; other months, 4 weeks. 2/ See note 1 on
120.2
18:9
m\
222.81
P12.4I
177.91
287.81
178-5|
152.0]
14*1/
131. J
log. 1
next page.
183.7
150.9
164.9
158.6
IO3.5
326.9
29S.9
239.7
359.6
145.3
122.3
70.0
106.0
94.0
114.3
119.2
98.6
108.3
73.0
99-9
219.?
209.5
186.7
162.9
186.1
281.6
368.8
329.0
193-?
177.2
153.5
81.8
122.1
106.2
140.0
ni.2
108.4
117.5
79.1
108.7
222.0
211.3
187.6
I63.8
185.1
287.2
364.8
3?5.»»
206.?
178.9
151.9
80.1
123-9
107. s
140.5
132.2
109.4
US.4
79-8
110.2
MONTHLY BUSINESS STATISTICS - Continued
Earlier data are available in monthly leaves
Of the Surrey and the 19*2 Supplement
191*6
19*7
January
January I -November I December
EMPLOYMENT CONDITIONS AND WAOES - Continued
Employment (U.S. Department of Labor) - Con.
Production workers,mfg. ,unadj.l/-Contiaued.
Nondurable goods - Continued.
Apparel and other finished textile
products
1939-100..
Hen' s clothing
do....
Women1 s clothing
do....
Leather and leather*products
do....
' Soots and shoes
do....
Food and kindred products
do....
Baking
do....
Canning and preserving
do....
Slaughtering and meat packing..do....
Tobacco manufactures
do....
Paper and allied products
dc....
Paper and pulp
do....
Printing, publishing, etc
do...,
Newspapers and periodicals
do...,
Printing, book and job
do...,
Chemicals and allied products....do....
Gnomicals
do....
Products of petroleum and coal...do...,
Petroleum refining
do...,
Rubber products
do.. •.
lubber tires and inner tuoes...do...
Nonmanufacturing employment, unadjusted:
Mining!
Antnracite
do....
Bituminous coal
do.. •
Metalliferous
do....
Quarrying and nonmetallic
do....
Crude petroleum ana natural g a s . . . . d o . . . ,
Public u t i l i t i e s :
Electric lignt and power
do...',
Street railways and busses
do...
Telegraph
do...
Telephone
do.. •
Services:
Dyeing and cleaning
do...
Power laundries
do...
" Year-round hotels
do...
Trade:
Retail, total
do...
Wholesale
do...
I?
104".;
9?.9
143.4
a/
121.8
jf
17^.0
]*1.7
202.4
a/
91.0!
37-51
i
103 .4
155.1
118.3
111.0
117 -4|
112.0
121.0
82.6
76.3
97-*
83-5
123.0
110.2
68.8
126.7
87.0
128.6
113.9
109.4
103.1
117.6
169.7
164.7
134.O
131.9
172.7
182.4
79-3
91.2
76.3
83-3
90.0
92-9
123.7
112.4
146.3
120.3
109.3
117.3
104.1
104.7
m.s
FINANCE
S3.3°5
Bank debits, total (1*1 centers)-mil.of dol.
3*.3°5
Sew York City
'.
do...
r
),o6o!
49.
Outside New York City
do....
FOODSTUFFS
Livestock slaughter (Federally inspected):
Calves
tnous. of animals:
591
1.403
Cattle....
do...,
5.844
hogs
do...
Sheep and lambs
do...
1,5*2
Stocks, cold storage, end of-month:
19,49s
Apples, fresh
tnous. of bu.
13,144
Butter, creamery
thoue. of lb.,
114,893
Cheese, total
do.,
29h
Eggs, shell
tnous. of cases.,
Eggs, frozen
thoue. of lb.,
80,638
Fruits, frozen
do.. ., 442.974
Vegetables, frozen
do....
319.930
Total meats 2/
.mil. of "lb.
835d
Beef and veal
thous. of lb. 191.9351
Lamb and mutton
do...,
17.179
Pork, total
do.. • 510,042
Fresh and cured
do...
387.803
Lard
do...
122,239
Poultry
do...
317.207
METALS AMD MANUFACTURES
Steel ingots and steel for castings:
7.234
Production
-. • thous. of short tons.
Percent
7'
33
Copper:
Production:
Mine or smelter
short tons.
79.3*1
Refinery
do...
80,144
143,692
Deliveries, refined, domestic
do...
7b,6so|
Stocks, refined, end of month
do...
Sine, slab:.
Production
snort tons.
72.3321
Snipmonts
do...
7*.725
Domestic
.'
do...
67.211
Stocks, end of month
do...
173.337
PAPER AND PAPERBOARD
Paperboard:
short tons.
802,016
Orders, new._._...
do...
Orderu, unfilled, end of month
586,121
do...
Production
77*.667
Waste paper:
Consumption
do...,
450,740
Stocks, mills, end of month
do...
313.398
30,796
33,819
41,977
440
1,012
4,911
1,440
10.963
32.135
IO6.623
272
111.721
362,314
172.512
772
187.39*
19.189
450,229
396,7*0
83,489
3.872
501
58.178
69,008
115,601
72.799
65.901
&S5
266,657
685,788
516.776
624,662
397.53*
204,736
TEXTILE PRODUCTS
Cotton:
Consumption
TRANSPORTATION EQUIPMENT
Passenger cars, production,
Trucks and truck tractors, production,
bales.
'9*7.036
252,100
102,727
£B
137.2
93.*
76.9
102.1
88.2
131.4
107.9
98.1
115.3
97.6
142.9
123.5
121.6
113.7
130.6
173.7
173.3
142.6
136.O
202.9
207.0
32.9
90.0
85.2
101.2
93.0
102.5
130.6
108.7
133.4
139.2
94.0
77.7
IO3.6
89-3
131.2
109.6
85-7
125.0
93.3
144.3
124.3
122.8
115.2
131.6
174.9
176.7
142.1
136.4
204.7
207.2
33.5
88.1
86.4
99.5
92.6
103.0
130.1
107.4
184.6
Earlier data are available in monthly issues
of the Survey and the I9U2 Supplement
BUSINESS INDEXES
[Manufacturers' orders.shipments,inventories:
New orders, index,total...av^. mo. 1939»100..
Durable goods
'.""..
.do....
Nondurable goods
do....
Shipments, index, total
do....
Durable goods
do....
Automobiles and equipment
do....
Iron and steel and their products.do....
Nonferrous metals and products....do....
Machinery, Including electrical...do....
Transportation equip.,exc. autos..do....
Other durable goods
do....
Nondurable goods
dc....
Chemicals and allied products
do....
Food and kindred products
do....
Paper and allied products
do....
Products of petroleum and coal....do....
Rubber, products
do....
Textile-mill products
do....
Other nondurable goods
do....
Inventories, index, total
do.>..
Durable goods
do....
Automobiles and equipment
do....
Iron and steel and their products.do....
Nonferrous metals and products....do....
Machinery, inducting electrical...do....
Transportation equip.,exc. autos..do....
Other durable goods
do....
Nondurable goods
do....
Cnenicals and allied products
do....
Food and kindred products
do....
Paper and allied products
do....
Petroleum refining
do....
Rubber products
do....
Textile-mill products
do....
Other nondurable goods
do....
19*6
W*5
19*6
December
214
274|
246
229
341
340
550
262
265
2541
309
250
234]
2I2I
2*5
203
2201
' 251
X
?i
I65
291
837
151
189
194
200
188
1*
207
182
173
188
197
199
94
191
26"
161
l?6
189
218
167
17S
29?
166
189
164
171
187
120
136
216
59L.
118
158
165
177
155
112
169
130
173
October (November
r228
r248
r215
244
r262J
217
r228
r289
r2S7
r5C6
r263
231
r2?4
248
2?5
r203
333
217
r221
197
r211
26 3 |
"ifi
276
r739|
rl44|
184
180
195
183,
132
212
17*
200
EMPLOYMENT'CONDITIONS AND WAGES
120.9 Labor turn-over in rafg. establishments:
123.0
110.9
IO9.9
Accession rate..mo. rate per 100 employees..
4,1
6.9
6.8
119.1
120.2
Separation rate, total....
...do....
4.4
6.3,
Discharges
do....
.4
117.2
126.5
Lay-offs
..do....
1.0
•9
114.4
112.7
Quits
do....
*.7
2-9
Military and miscellaneous
do....
•2
.2
•1
FINANCE
93.5*7 Bonds:
77.193
41,252
1,038
Sales (Securities and-Exchange Commission):
52.295
6,105
Total on all registered exchanges:
Market value
,...tnous. of dol.. 121,416
138,499
r85,870
Face value
7
.do. .7. l6l,049| 185,652 rl31.8«5
On
New
York
Stock
Exchange:
656
591
MarkeT~value
".
do.... 116,541 128,617
r8l,197
1.348
1.352
Fac e value
do.... 15*.937| 175.083 rl25,7S2
Stocks:
1.529
Sales (Securities and Exchange Commission):
Total on all regietered exchanges:
33.M3 r27.3**
Market value
tnous. of dol.. |.i.273.o;5. 1,745,468 ^1,296,654}
r27.87*
*1.*77
87,068
5^,527^
Shares sold
thousands..
5*,553
123,435 ri.23,592
On New York Stock Exchange:
r767
11,074,021
ll.M0.635
tl.103,151
Market
value
thous.
of
dol..
132I664 rl02,437
1
48,656
39.723
Shares sold
thousands..
38,9l»
497,8021 r470,710
3 5 L * 7 * r333.034.
CHEMICALS AND ALLIED PRODUCTS
442
Paint sales:
111,091
Calcimines, plastic and cold-water paints:
15.696
66
rl6,893
Calcimines
._.
thous. of dol.
250.569
68
rjUU.QSS
135
Plas tic-t exture" pal n't s..".'.
..do.. T.
209.946
r276.232
Cold-water paints:
*0,6£3
190
r68,756:
330
•555
In dry form
do...
301,030
"r3Io-,577
261
282
187
In paste form, for interior use....do...
Paint, varnish, lacquer, and fillers:
*3.382
"
69.991
total
"..de66,13l|
38,072
63.156
classified, total
do....
r5,760
r6,457
30,342
26,219
16,61*
Industrial
do....
85
7*
35.789
3*.937
21,*58
Trade
do....
6,636
7,407
5.3H
Unclassified
do....
PAPER AND PRINTING
78,674
73.024
75.066
77.578 All paper and paperboard mills(Bu.of Census):
129,206 rl4l.216
Paper and paperboard prod...total.short t o n s . . 1.575.972 .369.516 il 750.896
90,896
r80,832
Paper.
."......"
".do....
709.*** '' 868-, 293
602,422
Paperboard
'.
do.... 658,489I 572,2*1
737.6*8
r70,l76
r66,873
Building board... .•-.,. «do„ -. 115.061
87.831
r90,204 Paper, excl. building paper, newsprint and
r91,4£9
125,206
r77.904
r75.781
paperboard (American Paper and Pulp Ass'n):
rl95.828 rl75,800
Orders, new
short tons.. 6**.33B 553.55: 7*5.909
Production
do.... 669,980
669
—
725,0*1
550,487
—,0*1
Shipments.:
do.,.. 649
563,008
736..737
"\*7S
Fine paper:
690,702
664,354
Orders, new
do....
84,304
79.761
109.3321
545,042
532.773
Production
do....
92,722
85.7*3 rl02,908
676.988
737.454
Shipment s
:....*
do....
93.037
79.31*
112.53,7
Stocks, end of month
do....
52.970
62.335
5*.635
*7*,}17, 397.*78 (
Printing paper:
304,ioo! 321,434
Orders, new,..
do.... 223,580
254,603
171.937
Production
do.... 241,900 191,43* 2*6,718
Shipments
do.... 215.9671 187,420
2*9.933
Stocks, end of month
do....
64,962
62,013
55.100
877.461
77M77
Wrapping paper:
Orders, new
....do....
2*5.95* 216,125 278,773
Production...'
d o . . . . 2*9.573 21*,719
27*,*l6
262,076
r26l,007
Shipments
do....
252,87* 209,993 276,605
100,552
101,484
Stocks, end of month
do....
72,*90
131
71.23.0;
J
m
•*M
J!
9
r/ Revised, a/ Data not available. 1/ For pay rolls for December (the latest available) see Weekly Supplonent dated Februuv 1* 19*7* ol T , ,
products and sausage and sausage room products, not shown separately.
*«PPi.oraen* oacea jreoruary 15, xy»r. 2/ Includes canned meats and neat
@FedFRASER