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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
Available only with subscription to the monthly magazine SURVEY OF CURRENT BUSINESS

JANUARY 23, 1953

SELECTED BUSINESS INDICATORS
1935-39 • 100
SOO

BILLIONS OF KILOWATT-HOURS

STEEL PRODUCTION
(Ingots and Steel for Castings)
250

ELECTRIC - POWER PRODUCTION
By UTILITIES

iff53

200

150

I
o»N*>o»o<r«
•I
6 <D »N OM «» «
0> M M «l m * » « 0»

IOO
THOUSANDS OF BALES

60

COTTON CONSUMPTION
(DAILY AVERAGE)

50

180

40

!40

30

100

1949

1950

1951

1952

201 I i I i i I i i
1949

1950

WEEKLY BUSINESS STATISTICS

1951

19 52

1953

ITEM

Jan. 12
Commodity prices, wholesale:
A l l commodities
1947-49-100 .
Farm products
do
Foods, processed
do. . . .
A 1 1 other
do
22 commodities (revised series) 2/
do
Cotton, m i d d l i n g , 15/16", 10 markets 3/
dol. per Ib..
Wheat, Mo. 2, hard winter (Kansas City) _3/....dol. per bu..
Department store sales...
1947-49=100
i nsured unemp loyment, tota 1
thous
State programs
do
Finance:
Currency in circulation 3/
mi 1 of dol
Federal Reserve bank credit, total.
do
Member bank reserve balances
do
Excess reserves, estimated
do
Federal Reserve reporting member banks in leading c i t i e s :
Bank debits, total
mi 1 of dol
New York City
do
Deposits, demand, adjusted
. do
Loans and investments, total
. .
do
U. S. Government obligations....
do
Commercial, i n d u s t r i a l , and agr loans (gross)
do
F a i l u r e s , i n d u s t r i a l and commercial...
number
Bond y i e l d s , domestic corporate (Moody's) J3/
percent..
Stock prices, 480 stocks (Standard and Poor ' s) .. 1935-39= 100. .
I n d u s t r i a l s , 420 stocks
do
Product i on :
Bituminous coal 3/
thous of short tons..
Electric power, by u t i l i t i e s
m i l of kw.-hr..
Motor vehicles (Ward's)
number..
Petroleum, crude 3/
thous. of bb 1 . .
Steel 4/
1935-39-100
Freight car load ings, total
thous. of cars..

J./ Data do not always cover calendar weeks. 2/ Tuesday prices.
for January 1952. # Monthly index for December 1952.




* 1 13 0
*l 10 0
* 1 10 1
* 1 14 3
109 0
.423
2.52
92
1,466
1,420

Jan. 19

107 3'
.417
2.51
90
1,422
1,376

1952

1

Dec. 20

Dec. 27

Jan. 3

//1 09 6
#°9 6
,#104 3
#1 12 9
89 7
.326
2.44
237
867
805

90 2
.328
2.43
146
1,014
940

90 5
.328
2.41
81
1,231
1, 152

Jan. 10

109 8
10 1 1
104 0
1 12 9
91 1
.324
2.41
89

28 787
24,554
20,369
818

28 543
24,372
20,488
898

30 539
27,039
21, 1 98
719

30 712
27,499
21 ,050
668

30 456
26,996
20,785
371

30 143
26 695
20 902
595

26 5 17
10 531
53 706
73 729
32 074
21,267
164
3.26
184.5
201 4

27 2^6
10 277
54 544
74 2 17
32 283
21,441
158
3.24
187.0
204 2

34,825
14 693
55,816
78 Q90
32 925
23,236
14 1
3. 19
196.5
213 0

35,937
16010
54,705
78,817
32,621
23,308
95
3. 19
197.6
214.4

3 1 , 34 1
13 5 10
54 648
78,504
32,502
23,206
89
3.20
199.8
217. 1

28 409
1 1 905
54,475
78 1 1 0
32 370
22,980
163
3.20
199.0
216 1

1,960
7,666
85 , 630
6,084
228 7
745
366

1,888
7,540
9 1 , 940
6, 101
229 6
748
37 1

1,702
8,280
127,881
6,525
250 6
710
364

1,304
7,550
98,340
6,507
238 c
521
275

1,539
7,713
1 00 , 7 1 4
6,428
249 4
563
300

1,592
8, 185
13" 042
6,360
248 0
688

3/ D a i l y averages.

4/ Week ending January 24,.250.3.

Jan. 17

|QQ 7
100 7
104 3
1 12 8
QQ 0
.321
2.40

26 166
20 660
397
I I 122

158
3.21
197.0
213 4

139 457
250 0

-Z.Z.-J

* Monthly index

MONTHLY BUSINESS
Earlier data are a v a i l a b l e in monthly issues of the Survey
and the 1951 Statistical Supplement

STATISTICS

1951
November

1952
December

September

October

November

December

_L/I90.7
20 I . I
229.9
194.5
217. I
236.4
262.4
149.9
99.6
216.5
205.3
145.3
175.0

COMMODITY PRICES
Consumers' price index, all items
Appare ! . , .
Food
Cereals and bakery products

1935-39=100.
do...
do. . .,
do...,

Dairy products

do.

Fruits and vegetables
do...,
Meats, poultry, and f i s h
do....
Fuels, electricity, and refrigeration
do...,
Gas and e lectr icity
do....
Other fue Is
do. . . ,
House furnish ings
do.. . .
Rent
do. . ..
Mi see I laneous
•. do. . . .
Wholesale prices (U. S. Department of Labor), indexes:
A I I commod ities
1947-49= 100..
Farm products
do.
Fruits and vegetable?, 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 f i s h
do....
Commodities other than farm products and foods
Chemicals and a l l i e d products
Chemica Is, i ndustr ia I
Drugs, pharmaceut i ca Is, cosmetics
Fats and o i l s , i n e d i b l e
Fert i I i zer mater i a Is
Paint and paint materials
Fuel, power, and l i g h t i n g materials
Coa I
E lectr i c i t y
Gas
Petroleum and products
Furniture and other household durables
App I i ances, household
Furniture, house ho Id
Radios, television, and phonographs
Hides, skins, and leather products
Footwear
Hides and skins
;
Leather
Lumber and wood products
Lumber
Machinery and motive products
A g r i c u l t u r a l machinery and equipment
Construction machinery and equipment
E l e c t r i c a l machinery and equipment
Motor vehic les
Metals and metal products
Heat i ng equipment
Iron and stee I
Nonferrous meta Is

do....
do....
do. . . .
do....
do....
do. . . .
do....
do....
do. . . .
do. .. .
do. . . .
do....
do....
do. . . .
do. .". .
do....
-.do....
do.. . .
do....
do. .. .
do....
do. .. .
do....
do....
do..,.
do....
do.. . .
do....
do....
, . . .do. .. .
.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 texti les
..do....
Wool products
do. . . .
Tobacco manufactures and bottled beverages
do....
Beverages, a Icohol ic
do. . . .
Cioarettes
do.
Wholesale prices of selected commodities:
Butter, 92-score (N.Y.)
dol. per Ib..
Eggs, extras, large (Chicago)
dol. per doz ..
Corn, weighted average, 5 markets
dol. per bu..
Wheat, weighted average, 6 markets
do.,..
Beef steers (Chicago)
d o l . per 100 Ib..
Hogs, a l l grades (Chicago)
do....
Beef, fresh, steer carcasses, good (N. Y.)....dol. per Ib..
Pork, fresh, loins, 8 - 1 2 - l b . (N. Y.)
do....
£/ Revised.

\_l Index on old basis for December 1952 is 191.0.




188.6
207.6
231.4
190.2
210.4
223.5
273.5
144.8
97.4
206.3
210.8
138.9
168.4

189. I
206.6
232.2
190.4
213.2
236.5
270. I
144.9
97.5
206.6
210.2
139.2
169. I

190.8
202.3
233.2
194. I
216.7
227.6
277.0
147.6
99.0
210. I
205.0
142.4
173.8

202. I
232.4
194.3
218. I
227.3
271.5
148.4
99.0
212.8
204.6
143.0
174.4

191
201
232
194
218
236
265
149.0
99.4
213.7
204.9
143.9
174.7

I 13.6
I 12.0
106.9
103.9
108.5
I I 1.0
107.8
I II. I
106. I
I 15.8

113.5
I I 1.3
I 17.4
105. I
107.5
I 10.7
107.9
I 13.0
106.2
I 13.6

I I 1.8
106.6
I 15.6
96.9
99.3
I 10.3
106.5
116.4
105.9
109.4

I II.I
104.9
I I I .7
95.0
94.8
108.5
106.4
I 15 c
105.9
104. I

I 10.7
r103.6
113.2
96.5
93.0
107.7
107. I
I 15.5
r 106.0
r i 02.0

109.6
99.6
112.3
96. I
86.8
104.3
106.8
I 13.0
105.2
93.9

I 14.5
108.6
120.9
95.0
65.2
08. I
109.8
106.9
108.8
98.0
99.2
I 10.9
I 12.7
107.9
115.5
93.0

I 14.6
108.4
120.8
95.2
61.5
108.9
109.9
107.4
108.9
98.0
106.6
I 10.8
I 12.7
108.2
I 15. I
93.0

I 13.2
104.0
I 14.3
92. I
48.9
I I I .0
107.0
106.2
107.6
101 .3
100.3
108.5
I 12.0
107.3
I 12.6
93.7

I 13.0
103.9
I 13.9
92.0
51.0
I I 1.0
106.5
106.6
113.3
98.5
100.4
108.5
I 12.0
107.2
I I2!6
93.7

! 12.8
103.5
I 12.7
91.9
r53. I
I I I. I
106.3

I 12.9
103.3
! 12.3
91.3
52.8
! 13.0
106. I
107. I
I 16.0
98.0
104.9
107.9
I 12.2
107.3
I 13.0
93.8

107.0
I 18.0
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

105.

96
I 10

r97.6

65

98.
120.
120.4
120.7
120.2
124.0
121.8
I 16.5
122.5
I 14.5
123.1
124.2

96.5
I 10.6
64.4
89.3
120.4
120.6
121.5
121.5
125.8
I 19.7
I 19.7
124.6
I 13.7
127.5
124.7

90
120
120
121
121
125.8
I 19.0
I 19.7
124. I
I 13.7
127.3
122.9

r69.2
r90. I
I 19.7
120.0
r!2l.4
121.6
126.2
r I 19.5
I 19.7
123.9
r I 13.6
127.0
122.5

113.6
121 .4
I 12.4
117.7
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

I 12.8
121.4
I 12.4
I 17.7
I 18.4
122.4
144.3
133.4
104.0
102. I
103.3
125.3
91.7
120.3
108. I
105.9
105.0

I 13.8
121 .3
I 12.7
117.7
115.6
124.0
126.3
126.3
99.5
99.3
98.9
139.3
89.9
I 12.4
I 10.8
I I 1.2
105.7

I 14.4
124.0
I 12.7
I 17.7
115.5
124.9
126.0
126.3
99.2
98.4
99.2
140.0
89.5
113.2
I 10.8
I I I .2
105.7

0.740
.664
1.680
2.472
36.29
18.30

0.791
.496
1.699
2.488
34.59
17.74
.579
.427

0.732
.553
I .716
2.474
32. 19
19. I I
.562
.569

0.716
.631
1.571
2.519
32.09

;599

.460

I 16.
81.

18.55
.556
.515

M06.7

r I 13.6
r98.0
r104.9
108. I
I 12. I
107.2
I 12.8
93.8

99.0
I 12.0
70.6
92.9
I 19.7
I 19.8
121 .4
121.7
126.3
I 19.5
I 19.6
124.0
I 13.6
127.0
122.3

126.3
98.6
98.3
98.4
M39.3
r89.0
I 12.6
I 10.8
I II .2
105.7

I 14.6
124.0
I 12.7
I 17.7
I 15.8
124.8
127.7
126.3
98.3
98.3
97.6
139.7
88.0
I 12.6
I 10.8
I 11.2
105.7

0.699
.560
1.569
2.567
31.37
16,76
.545
.449

0.678
.489
I. 597
2.568
28.77
16.52
.514
.402

I 14.5
124.0
112.7
I 17.7
115.5
124.9
r126.4

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

1951
November

1952
December

September

October

November

December

COMMODITY PRICES - Continued
Wholesale prices of selected commodities - Continued
Pig iron, composite
do I . per long ton..
Steel, composite, f i n i s h e d
do I. per Ib..
Copper, electrolytic (N. Y.)
do
Lead, refined, p i g , desilverized (N. Y.)
do....
Zinc, prime Western (St. Louis)
do....
Wool, raw, territory, fine, scoured (Boston)
do....

53.67
.0471
.2420
.1900
.1950
J./I.962

53.67
.0471
.2420
. 1900
. 1950
1/1.850

56.31
.0498
.2420
. 1600
. 1398
1/1.596

thous . of do I. .

1,024,775

829,173

952,218

1947-49=100. .
do. ...

120.0
120.9

120.0
120.9

117,231
44,802
72,428

131.6
97.52

56.31
.0498
.2420
. 1416
. 1250
1.725

56.31
.0498
.2420
. 1413
. 1250
1.725

1,446,381

1,079,879

906,900

125.6
129.9

126.0
129.9

r125.7
129.7

125.7
129.6

129,549
53,500
76,049

123,886
49,278
74,608

137,731
55,560
82,171

.1 15,497
44,746
70,751

153,516
65,692
87,824

130.9
96.85

126.6
96.86

125.0
96.44

125.4
96.96

125.3
96.37

3.20
2.96
3.02
3.26
3.56
2.97
3.21
3.42

3.25
3.01
3.06
3.31

3. 19
2.95
3.07
3.22
3.52
3.02
3.20
3.36

3.22
3.01
3.08
3.24
3.54
3.05
3.22
3.39

3.20
2.98
3.06
3.24
3.53
3.05
3. 19
3.37

3. 19
2.97
3.05
3.22
3.51
3.04
3. 19
3.34

2.07
2.66

2. 10
2.70

2.33
2.71

2.42
2.74

2.40
2.71

2.40
2.75

3.92
4.19
1.90
2.58
2.63
2.73

3.88
4. 13
1.90
2.55
2.64
2.84

3.95
4.20
1.92
2.81
2.68
2.87

3.95
4. 18
1.92
2.85
2.68
2.88

3.93
4. 17
1.92
2.87
2.66
2.98

3.93
4. 16
1.92
2.87
2.75
2.98

5.78
5.86
5.71
6.45
4.64
3.47
4.23

5.55
5.56
5.61
6.38
4.45
3.47
4.28

5.56
5.63
5.28
6.03
4.23
3. 18
4. 12

5.56
5.62
5.30
6. 14
4.29
3. 15
4. 16

5.28
5.33
5. 14
5.77
4. 19
3. 10
4. 12

5. 13
5. 14
5.07
5.56
4. 18
2.99
4. I I

94.44
259.61
46.22
79.73

96.73
266.09
46.72
82.30

105.29
272.40
50.30
100.43

103.92
267.77
49.59
99.83

107.25
276.37
51.04
103.19

I I 1.67
285.95
52.06
109.85

177.7
193.3
182.6
164.6
114.7

182.5
199. I
189.4
167.6
I 15.5
150.5

188.2
204.2
187.6
172.8
I 18.5
171. I

183.4
198.4
182.6
169.5
I 17.4
166.9

189.8
205.5
190.2
175.7
120.9
172.4

197.0
213.7
198.5
183.2
123.3
184.6

I 17,831
44,262
73,569

r120,966
r48,7lI
r72,255

95,868
40,552
55,316

44,100
37,842
8,775
1,826
19,419
5,040
2,782
5,638
264
356

46,341
39,185
9,339
1,709
19,446
5,553
3, 138
6,442
286
428

38,932
32,659
7,866
1,442
15-, 580
4,882
2,889
5,668
237
368

56.31
.0498
.2420
. 1440
. 1330
1.665

CONSTRUCTION AND REAL ESTATE
Contract awards (Engineering News-Record):
Eng i neer i ng construct ion, va I ue 2/
Construction cost indexes:
Engineer ing News-Record: Bui I d i n g _3/
Construction _3/
FINANCE
Bank debits, total (141 centers)
m i l . of d o l . .
New York City
do
Outside New York City
do
Bonds:
Pr ices:
Domestic m u n i c i p a l (15 bonds), Standard and Poor's
Corporation
d o l . per $100 bond..
U. S. Treasury bonds, taxable
do
Yields:
Domestic corporate (Moody's)
percent..
Byratings: Aaa
do....
Aa
do
A
do
Baa
, .do
By groups: I n d u s t r i a l
do....
Public utility
do....
Rai I road
•
.. .do. . . .
Domestic m u n i c i p a l (15 bonds), Standard and Poor's
Corporation
percent. .
U. S. Treasury bonds (taxable)
do....
Stocks:
D i v i d e n d rate per share:
Common stocks (200 stocks), Moody's
dollars..
I n d u s t r i a l ( 125 stocks)
do
P u b l i c u t i l i t y (24 stocks)
do
Rai Iroad (25 stocks)
do
Banks ( 15 stocks)
do
Insurance (10 stocks)
do....
D i v i d e n d yie Ids:
Common stocks (200 stocks), Moody's
percent..
I n d u s t r i a l (125 stocks)
do
P u b l i c u t i l i t y (24 stocks)
do
Railroad (25 stocks)
do
Banks ( 15 stocks)
do
Insurance (10 stocks)
do....
Pref.high-grade ( I I stocks) Stand.and Poor's Corp...do....
Pr ices:
Dow-Jones & Co., Inc. (65 stocks)
dol. per share..
Industrial (30 stocks)
do
P u b l i c u t i l i t y (15 stocks)
do
Rai Iroad (20 stocks)
do
Standard and Poor's Corporation:
Combined inde_x (480 stocks)
1935-39=100..
Industrial (420 stocks)
do
Capita! goods (129 stocks)
do
Consumers' goods (195 stocks)
do....
P u b l i c u t i l i t y (40 stocks)
do
R a i l r o a d (20 stocks)

do

144.2

CHEMICALS AND ALLIED PRODUCTS
Paints, varnish, and lacquer: 4_/
Factory shipments, total
I ndustr i a l sales
Trade sales

thous. of dol.
do...
do.. .

94,085
39,487
54,598

Shoes and s l i p p e r s , production, total
thous. of pairs.
Shoes, sandals, and p l a y shoes, exc. athletic,totaI...do...
Men's
do...
Youths' and boys'
do...
Women ' s
do...
Misses' and children's
do...
Infants' and babies'
do...
S l i p p e r s for housewear
..do...
Athletic
do...
Other footwear
do...

34,884
29,462
7,739
1,097
13,71 I
4,290
2,625
4,930
180
312

LEATHER AND PRODUCTS
32,227
28,794
7,023
1,068
13,740
4,356
2,607
3,032
176
225

jr/ Revised. J./ 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 for the previous month. 4_/ See note on corresponding item in the November 1952 Survey.




MONTHLY BUSINESS STATISTICS — Continued
(9 52

1° j I

E a r l i e r data are ava i l a b l c in monthly issues of the Survey
and the 1951 S t a t i s t i c a l Supplement

November

October

November

December

Sep •''ember

thous. of lono tons..

5,695

7° 1

14 389

13,013

9,295

427

thous. of short tons..

8,799
103

8,391
101

9,062
102

9,807
107

9,439
106

9,683
106

82,617
103,614
123 646
68, 160

36 680
98 532
1 19 577
7 1 ,578

82 426
°8 v^Q
135 486
71,456

84 , 824
105 770
138 759
59,760

r 80, 436
100 075
125 338
69,2^7

85 837
1 13 965
143 088
58,853

79,376
77,4 19
70 , 084
25,041

81 ,769
84 , 909
73,694
2 1 , 90 1

76,019
78, 129
69,343
94 , 54 1

80,588
79,787
71,659
95,342

78,563
90,756
81,439
83, 149

81, 133
77,295
71,068
86,987

4, 129
49,207

3,713
44 , 000

3,705
46,890

4, 150
32,765

3,354
40,850

3, 130
42,395

731, 137

67 1 , 803

736,248

915,593

759,737

697 , 984

December

NETALS AND MANUFACTURES
Iron ore (Lake Superior district):
Shipments from upper lake ports
Steel ingots and steel for castings:
Production
Percent of capacity
Copper :
Product ion :
M i n e or smelter
Ref ] ner y
D e l i v e r i e s refined domestic
Stocks, refined, end of month
Zinc, slab:
Product i on
Sh i pments, tot a 1
Dome s t: • ~
.
..
Stocks end of month

short tons
do
do
do. ...
do ....
do ....
do....
do. . . .

PETROLEUM, COAL, AND PRODUCTS
Coal, production:
Anthracite
thous. of short tons..
B i tumi nous
.
.
do ....
TEXTILE PRODUCTS
Cotton: _[/
Consumption
bales..
Manufactures, s p i n d l e activity (cotton system spindles):
Active s p i n d l e s , last working day, total
thousands..
Consuming 100 percent cotton
do....
S p i n d l e hours operated, all fibers, tota 1 /. . .mi 1 . of hr . .
Average per working day
.
do
Consuming 100 percent cotton
do
Operations as percent of capacity
.do....
Woo 1 : _]_/
Consumption (scoured basis):
Apparel class
thous of Ib
Carpet class.. .
..
do....
Machinery activity (weekly average):
Looms :
Woolen and worsted:
Pi le and JacouQrd
thous of active hours
Broad
do. ...
N a r r ow
do
Carpet and rug:
Broad ....
...
.
. do
Narrow
do
Sp i nn i ng sp i nd les :
Woo 1 e n .
..
.
do
Worsted
do
Worsted combs
do. ...
Yarn production total
thous of Ib
Kn i tt i ng
do.
Weaving
.
.
.do.
Carpet and other
do....
r_l Revised.

21,758
20,519
9,050
464
8,486
125

21,516
20,264
8,336
439
7,823
1 18.

21,432
20,041
9,763
501
9, 134
135

21,612
20,215
12,341
499
1 1,525
135

21,583
20, !80
9,870
506
9,219
137

25 472
6,652

25,200
7,044

30,872
10,548

38,065
12,945

28,324
10,920

130
1,787
10

129
1,763
13

166
1 ,81 1
19

169
r 1,893
18

165
1,885
18

96
41

JOO
46

134
52

138
54

139
52

72,835
76,698
120
50 812
5,400
36,460
8,952

70,034
72,078
1 19
48,372
4,576
35,008
8,788

75,293
86,475
r 155
57,832
7., 608
38,016
12,208

r 74,9 18
r86,856
154
72, 190
r8,980

74,504
83, 141
141
56,624
6,888
36,716
13,020

r/t7.7G£

r 15, 505

2 ! , 632
20,290
9, 183
483
8,637

131

_[/ Data for October 1952 cover 5 weeks; other months, 4 weeks.

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

FIRST CLASS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

Permit-No. 1009

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS



PENALTY FOR PRIVATE USE TO AVOID
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