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SURVEY OF C U R R E N T B U S I N E S S WEEKLY SUPPLEMENT UNITED STATES D E P A R T M E N T OF C O M M E R C E BUREAU O F FOREIGN AND D O M E S T I C C O M M E R C E AVAILABLE ONLY WITH SUBSCRIPTION TO SURVEY OF CURRENT BUSINESS SELECTED 200 BUSINESS 6.5 •fSfKLY DATA 1 ^ ^ - 19*9 \\0&o^7t948 ^aff^\ 6.0 \~~^Jr** 175 [IT 150 INDICATORS ELECTRIC POWER PRODUCTION BY UTILITIES STEEL INGOT PRODUCTION (1935-39= 100) 225 JANUARY 28, 1949 \ V (BILLIONS OF KILOWATT HOURS) WEEKLY DATA 1949 5.5 5.0 i/^^V^^^r _. 100 1 1 1 1 1 1.1 1 1 1 i 1 1 1 1 1 1 1 1 1 1 1 I . L . L . J . L j _ L . l 1 1. 1 L 1 L | . _ . I _ - 1 _ L L _ L . I . L L | . . U 1. 1 . L 1 1 180 160 WAGE-EARNER PAY ROLLS «. y 1 1 1 1 1 1 1 1 ' -L-L - j - u « i _ i J - u _ i . j a J WEEKLY v.. AA BUSINESS VA/W/X :: 1 STATISTICS 1 I9U9 Jan. 17 | Jan. 24 Commodity p r i c e s , wholesale: 166.8 A l l commodities 2 / 1926* 1 0 0 . . 203.3 farm product* 2 / .• .do*... 182.0 food 2 / do.... 148.3 All other 2 / do.... 351.6 28 commodities $J * ..August 1939-100., Cotton, middling, 15/16", 10 market* hi d o l . per l b . . .356 Wheat, S o . 2, Bard Winter (Kansas City) d o l . yer b u . . 3-10 Department s t o r e aalee 1935-39-100.. 232 Insured unemployment, t o t a l 5 / thoua.. 1,623 State programs. . do.... 973 Veterans' programs ..do.... 59* JTinance* Currency in circulation 4/ mil. of dol.. 28.335 federal Beserve bonk credit* total do.... 22,568 Member bank reeerre balances do.... 17,863 Sxcess reserres, estimated . do.... 1.537 JTederal Beserve reporting member banks in leading cities: Bank debits, total mil. of dol.. 20,565 8,173 New Tork City .do.... Deposits, demand, adjusted , do.... 48,963 Loans and investments, total . d o . . . . 6/65,088 U. S. Government obligations .do.... 37.587 Commercial, industrial and agricultural loans . d o . . . . 6/14,770 failures, commercial . number.. Bond yields, domestic corporate (Moody's).... psrcent.. 3.12 121.2 Stock prices, 4l6 stocks (Standard and Poor1 s) ..1935-39* 100•• Industrials, 365 s t o c k s . . . . . . . . . . .do.... 127.3 Production: 2,180 Bituminous coal kj • . . . . . t h o u s . of short tons.. KLectrlc power, oy u t i l i t i e s mil. of kw-hr.. 5.370 Motor vehicles (Wards).... » number.. 104,628 Petroleum kj thous. of bbl.. 5.326 Steel 2 / 1935-39-100.. 193.0 freight caxloadings, t o t a l . . thous. of c a r s . . 808 Mi scellanaous do 380 f • H , . l „ . l . l „1 KJ^irJUL,., . j ^ i - i - u i ^ L i . .i \ ,UJL] ...L.,L,L.L..J,L,I I.I | | 1948 IMH - f WEDNESDAY CLOSE ^^ i \ PRICES OF 365 INDUSTRIAL STOCKS (1935-39=100) \T*^ \'yr~~*77!'~\ ,! ,x / L 1 1. I I 1 1 1 1 1 1 1 1 1 1 1, I I 1 ! 1 1 1 1 1 1 1 (UNADJUSTED, 1939 * 100) WAGE-EARNERS _ 4.0 ..I..J.L1. I.l.i.l 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 ' MANUFACTURING EMPLOYMENT AND PAY ROLLS MONTHLY DATA v V ff~> 4.5 125 500 s\ f Dee. 25 Jan. 1 Jan. 8 166.5 201.1 180.1 148.9 351.0 •348 3.04 226 1.649 981 61? 162.5 ITS-1* 170.0 152.8 296.0 .321 2.27 H73 1.679 1,246 378 162.2 179.2 169.6 152.5 296.2 •323 2.27 204 1.919 1.423 M41 161.3 175.5 168.1 152.6 28,201 22,227 17.334 993 28,538 24,221 19,899 709 28,314 24,113 20,238 1,049 28,142 23.727 20.375 1.051 22.253 25,001 10,069 47,928 6/53.1U1 „ 33.455 6/15.614 116 3.08 119.2 125.4 22,434 8,822 48,970 65,530 37,886 14.761 109 3.12 118.1 123.7 2.033 5.*3& 107,262 5.336 194.0 772 3&3 1.907 5,508 89.686 5.641 178.9 609 297 9.2*8 ^7.794 6/02,751 32.387 6/15.5*1 128 3.07 120.1 126.4 1.755 5.562 79.377 5.611 196.5 29** Jan. 15 J e n . 22 160.5 174.3 164.4 152.9 291.4 .324 2.27 245 159.3 170.1 161.9 153.0 286.1 •328 2.24 27,701 22.999 20,133 978 25.157 10,586 *T.*37 6/b2,638 33.484 6/15.366 128 3.05 119.5 125.6 27.909 23.193 20,105 954 20,544 8,368 47,519 6/02,596 33*324 .6/15.415 127 3.02 122.1 128.6 1.931 5,#2 96,101 5.4^ 202.0 722 3*7 1,980 5,726 108,281 5,428 205-1 733 351 294.8 .322 2.27 272 8,596 121.8 128.2 109,942 1/ Data do not always cover calendar weeks. Zj Bevised series. See note in Decembsr 3 , 1948 issue. J/ Shureday prices, hj Daily averages. £ / for description see note in July 13, I9U6 issue. 6/ Beginning July 1943 individual loan iteaci are reported gross"' etirrsntly aadfor * year ago, instead of net as formerly; total loans are included on a net basis for a l l years. J / Ifrsek fading Jaau&27 29, 208.8. 2 MONTHLY BUSINESS Surlier data are available in monthly issues of th* Survey and the 1947 Supplement Manufacturers* sales, inventories, and orders! Salosi Value, t o t a l . . . . * A i l . of d o l . . Durable goods industrial . ......do... Honduffchle foods industries*». do*.* Index* total*. . . . . a v g . me. 1959*100. Durable goods industries ....... ......do.*. Iron, s t e e l , and products.... do... Heafsrrous motels mad products..*. do... Blsotrioal aaohiasry And tquipiasfit .do... Machinery, except e l o o t r i o a l . . . . do... Automobile* and equipment.,.., • do... Transportation o^uipssat, except auto*. do... furniture and fiai shod lumber products do • •. Stone, clay, and g l u t products do... Other durable goods i n d u s t r i e s . . . . do... nondurable goods industries do •.» food and kindred products *...<> do. •• Beverages*. . . . . . • .» do... Textlle*aill products, excluding apparel*. do... - --Ls&t&ss- sut •prod^sts.-^". --».>:,*.?; ..*.*••• ...do. • • Paper and willed products.. ...».'.do.•» Printing and publishing. do... Chemicals end allied products...... «....do*». Petroleum and coal products do.** Subber products................ .do.•. Tobacco manuf actures .do. •. Other nondurable goods...* ...do... Inventories, book-value, end of months Value, total a i l . of dol. Durable goods ....,.,. do. •. nondurable goods ...» do... Index, total avg. ao. 1939*100. Durable goods industries do... Iron, steel, and products..... do... Nonferrous metals and products... * do... Electrical machinery and equipment do... Machinery, except electrical do... Automobiles and equipment do... Transportation equipment, except automobiles...do... furniture and finished lumber products do... Stone, clay, and glass products . do... Other durable goods .».<,.. do... Nondurable goods industries. do... Pood and kindred products..... do... Beverage s do... Textile-iaill products, excluding apparel do... Leather and products do... Paper and allied products do... Printing and publishing .....do... Chemicals and allied products do... Petroleum and coal products • • do. •. fiubber products do. •. Tobacco manufactures do... Other nondurable goods . * do-.» Hew orders; Index, t o t a l . . . . . » • do... Durable goods do... Iron, s t e e l , and products do... Machinery, including electrical .do... Other durable goods, excluding trans, equip. . . . d o . . . Nondurable goods do... BUSINESS POPULATIQH Industrial and commercial failureei Failures, total number. Commercial service do... Construction . „ do... Manufacturing and mining. do... Betail trade do... Wholesale trade do... Liabilitiee, total thoue. of dol. Commercial service .. do... Construction do... Manufacturing and mining do... Betail trade do... Wholeeale trade do • . . STATISTICS 1948 19*7 Sovember 10,205 337 353 W*4 325 (01 486 271 250 20* 328 82 3X9 .-.:,-• 251 323 3>* 328 302 226 352 27.627 13,226 14,1*01 257 274 203 249 373 282 449 621 216 168 3 £2*3 244 >$ 226 209 265 355 259 176 242 229 290 268 307 348 31*8 313 23 25 124 9so«ub«r 17.523 .988 W,535 'SB 331 ?23 U70 & 51U 275 236 272 312 313 373 327 .».-,-88© 312 300 312 318 307 232 305 28,020 1M85 aSi 277 204 251 370 28$ 447 623 239 170 217 248 250 335 224 223 268 361 271 178 257 233 293 252 292 322 344 220 228 317 3 9«ptesjb«r 18,7|1 7,5*6 U.2J5 October rl8,807 *7,750 •U.057 *35* *398 r472 *359 ?5p3 r540 r270 r302 r268 r328 r322 9 488 553 290 293 3**9 378 378 318 352 329 3*1 340 3*5 251 353 30.710 1^,252 16,458 286 296 233 400 301 486 642 252 172 187 278 W 258 250 316 418 278 221 288 258 412 265 276 242 398 38 37 98 38 , r283 r348 »313 r322 M ttovottbef 18,023 7.U80 10.5*3 353 400 386 489 U96 35* 510 561 258 288 263 325 s° ?9 3U0 270 349 319 309 351 232 *3& r30,848 rl*.33|* rl6,51* 287 297 r236 r287 401 r303 r482 •8 17U rl92 r279 256 r244 r404 r280 r226 r284 r271 r405 r249 r278 r285 r29b r258 r231 16)652 290 %2 241 283 402 489 665 253 179 194 281 1 ? 31* 397 286 232 288 364 392 250 336 252 234 461 52 40 112 188 460 31 37 129 208 2Mll 16.345 505 537 12,57* 1,531 1.198 112 123 33 25.^9 1,232 455 20,937 1,908 967 173 52 20,703 1.032 1,101 12,165 2,729 3,676 101,060 77,709 1,135 14,160 5.917 2,139 1.382 955 15.933 3.^56 2,690 29,793 715,108 533.636 21,696 625,363 ^71,291 29,080 762,192 559.520 29.761 778,606 613,114 S.264 611, a 6 504,343 n i f9 C03STH7CTIOB AND BSaL SSTATS Contract, awards, 37 States (P. V. Dodge Corp.). Total projects number..! Total valuation . . thous. of dol Building, total do.. £ / Bevised. Btcembsr MONTHLY BUSINESS larlisr data art available in monthly itsuet of tht Surrty and tht 1947 *»ppl»»al 3 S T A T l S T I C S — Continued 1948 19*7 Hovttaber Daecabar September ©ctobtr Sbvaabar 008SSO70M0I ABB B W SSUfl - Oontlnntd Construction cost index, el jtatrieaa Appraltal Co., average, 30 o i t i t t . . . . . . . l 9 1 > 1 0 0 . Atlanta do... Btw York ........ ......do... San fr anoi too •• do • •. 81. Louis.. do... 468 464 494 480 438 **59 456 502 531 nig 459 489 504 531 8 AH r e t a i l t&oytt, tttiaattd inventoritt,total.^ail. of dol. Durable good* starts * do... Sosdurablt goods stores do. • • Mail-order and ttort salts, total, 2 oonpanist.thoui.of dol. - Montgomery Ward A Co do... - Start, Botbuck and Co Sural tales of general merchandise! Total U. s . , unadjusted Bast South... .. -Middlt Vttt do... . •• • # * * . Total U. S., adjusted Bast South • Middlt Vttt Far Wttt 522 454 I **95 V&miQ MU&B - • f a r W t t t i *• 502 1929-31-100. do... ......do... .do... ••*** *<. • «/*.do... .do... do..* ....do... do... do... * 13.^7 5,195 9.292 355.25} 129.208 226,048 4*4.6 491.4 727-8 405.4 - 515-3 372.5 381.2 530.1 12,426 4,148 8,2?8 415,686 148,113 267.573 424!s 466.6 448.6 644.9 3 ?2'2 568.2 291.8 269.4 429.3 249.9 348.1 3.054 2,743 4,260 4,246 1,666 329 695 2,194 12J 2.769 142 767 3,224 97? 996 **6.279 3^.926 20,014 I8.277 6,650 2,733 5.529 822 7.181 728 14,59§ 5,086 9,609 33M87 119.706 15,284 5,312 9.972 353.270 131.302 221,968 216,782 15.605 1 5.351 10,284 350.748 124,896 225,852 J 0W4 479*1 I 484.8 j 701.3 403.8 379.1 365.3 400.7 376.1 510.8 I 308.0 430.8 545.6 327.8 407.9 FIBAHCS ftdtral Government flnanoti Beceipte, Trsasury, total Receipts, ntt Custom*. a i l . of dol. do... do... Income taztt do... Social tscurlty taxtt do... Ml to tl Ian tout Internal revenue .do... Bxptndlturtt, total do •.. Interest on dtbt do... National defense and related aotirities do... Lift insurance, assets,admitted,49 companies, total do... Bonds and stocks held (book value), total •do* Government (domestic and foreign), total........ •do. U. S. Government •do. Public utility do. Ballroad. .do. Other do. Cash „ do. . Mortgage loans, total ....do.... yarn . do.... Other • do.... Policy loans and premium notes Baal estaft holdings Other admitted assets Bond si do..«. ..do.... do.... Average price of all listed bonds (H.Y.S.X.) l/...dollare.. Domee tic do.... Foreign.... , ...do.... Value, issues l i s t e d on Hew Tork Stock Exchange* Face value, a l l issues 1/ toil, of d o l . . Domestic-............"... .do.... For eign do.... Market value, a l l issues 1/ do.... Domestic. , do.... Foreign. do.... Stocks* Cash dividend payments publicly reported8 Total dividend payments do... Finance do... Manufacturing do... Mining ' do... Communication Heat, light, and power Ballroad... .«...«.. Trade.................. . MlbCfUar^cus Shares l i s t e d on Bev York Stock Exchange* Market value Mumber of shares l i t t e d , is 984 100.46 100.93 70.51 136,879 134.556 2.073 137.509 135.804 1,462 750 916 99.62 100.11 68.96 136.727 134,347 2.130 136.207 13 J:$ 99-87 100.40 67.65 131.294 128.980 2.064 131.128 129,491 1.396 93 i 48,806 35.854 17,671 15.672 7.946 2,821 7.415 705 8.555 823 7.732 1.769 903 1,021 99.79 100.30 68.19 2,941 2,5«3 J 1.583 I 384 768 2.859 122 ! , 957 49.030 35.899 17,453 15,444 8,070 2.*35 7,542 718 8,702 829 7.873 1,779 910 1,021 99.85 IOO.37 67.82 131,226 128,923 2.054 130,945 129,306 1.400 131,426 129.126 2,050 131,234) 129,600 1.390 do... 176.9 23.2 101.2 1-3 •3 35-9 4.0 8.5 2.5 1.139.6 98.7 726.9 99.9 13.1 46.0 51.3 67.3 36.4 679.3 42.8 418.4 81.1 15.8 39.5 22 40 .6 18 •5 474.7 67.4 229.4 8.6 53.2 46.7 16.2 42.9 10,3 206.6 25.4 115.1 2.4 •5 38.8 12,8 8.2 3.4 do.. millions 67,026 1.896 68,313 1.907 68,614 2,004 72,186 2,008 65.4661 2,011 do... do... do... do... . 9 3 6 1 ^5.912 34,847 20,465 18,710 6,557 2,752 5.072 647 7,020 e 723 6.297 1,680 2,199 2,140 36 1,180 65 768 2.724 212 CHEMICALS AHD ALU ED PBODUCTS Oleomargarine: Production Consumption ( t a x - p a i d rj Bevised. •thous. of lb.. 81,806 r78,225 1/ Include, bond, of the International Bank for Becon.tructi withdrawals). 79.011 72,914 80,434 75.852 on and Development not shown 79.626 78.319 aejparately. 72.377 72.997 MO N T H L Y BUSINESS Sarlier data are available in monthly issues of the Survey and the 19*+7 Supplement S T A T 1ST I C S —Continued 1948 1947 September November October November December 636,444 443,96s 101,681 584,735 578.917 1,408,280 485.709 384,783 44,647 T339.977 r328,644 rl.935.971 102.233 594.859 232.575 617,681 608,907 890,982 543.260 '531.969 1,265,716 636,652 239.064 18,865 576,883 571.579 1.532.949 37.982 39.849 1^2,081 r39.050 3^.714 32,561 35.788 r36,482 r33.058 28,667 r9.269 1.853 rl7.976 r4,348 r3,036 r4,892 r396 r3H r8,625 1.630 rl5,812 r4,052 r2,939 >5.351 349 r292 7.813 1.429 12,874 3.811 2.740 5.442 321 284 10.599 6.965 40,923 36,658 4.265 5,208 84.7 10,029 r7.273 43,883 Seceaber ffOODSHnfS'S Affi> TOBACCO Sugar, U. 3 . , deli varies and supply (rav value): short tons. Production , do... fiatriss from off-shore do... Hawaii and Puerto Rico do... Deliveries, total , do... for domeatlc consumption do... Stocks, raw and refined, end of month 1505.601 482,760 LBA1H2R AHD PBODUCTS Shoes and slippers t production, total thous. Shoes, sandals, and play shoes, except a t h l e t i c , thous. By kinds* Men's Toaths' and boys' Women's Misses' and children's. Infants' and b a b i e s ' . . . Slippers for houeewear Athletic of pairs. total of pairs. do. do. do. do. ....do. do. ....do. Qiaidf f o o i w e w r . . . . . . . . . .•-. v . 8,192 1,526 15.328 4,541 2.974 4,894 351 176 9.306 1.556 16.693 5,004 3.235 3.539 349 167 5.877 7.06S 43,010 38.195 4,816 5.015 84.7 2,673 6.970 36.095 31.749 U.3^6 5.177 93.4 3,480 MBSALS AND MAMOPACTUaBS Iron ore (lake Superior district)% Shipments from upper lake ports thous. of long tons. Consumption by furnaces. .do... Stocks, end of south, total. • do... At furnaces ...... .do.. • On lake Brie docks do... Pig iron, production . thous. of short tons. Machine tools, shipments. 1945-47*100. Pomps, s t e w , power, centrifugal and rotary: Orders, new thous. of dol. 3.^74 5.520 80.4 3.571 7.239 r7,05S 45,160 39.470 5.69Q 5.399 7b.2 3.580 6,750 6,492 2.436 9.905 6.098 5.592 2.335 10,476 1$ SUBBSE AHD BBBBSS PRODUCT 3 Tirss and tubas: Pneua&tic casings: Production Shipment s Original equipment Stocks, sad of month.. Inner tubes: Production. • Shipments Stocks, end of aonth thousands. do... do... do... 7.716 7.915 2.097 5.277 8,050 6.583 6.975 6,915 6.700 1 2,114 9.805 | .do... do... do... 6.457 6.343 6.633 6,544 5.324 8,088 6,191 6,200 8.778 f.323 6,061 8.915 5.1*3 5.123 9,303 thous. of standard brick. do... 460,971 453,100 >O6.073 431,130 561.532 553.625 r598,512 ^556,155 .353 short tons. do... 106,221 100,579 97.369 95.319 110,434 111,362 rlll,992 r!L10,948 108,078 103.958 do... do... 117.435 110,906 120,892 116,647 128,578 132,013 rl35.565 rl35.123 123,421 121,625 Cotton: Manufactures, spindle activity (cotton system spindles): Active spindles, l a s t working day, t o t a l . . . . thous. Consuming 100 percent cotton do... Spindle hours operated, a l l fibers, t o t a l . . . . a i l . of hr. Average per spindle in place hours. Consuming 100 percent c o t t o n . . . . . n i l . of hr. Operations as percent of capacity... 22,728 21,412 10,146 426 9.530 134.8 22,786 a,412 10,132 427 9.544 121.3 22,686 21,302 9.998 420 9,414 121.0 22,483 21.157 9.521 22.513 21.231 9.253 389 8,681 111.9 39^.175 l,4l6 1,141 305.148 284,730 87.611 71.161 469,957 1.449 1.O87 366.939 344,iio 101.569 85.971 U13.537 1.143 1.051 301.170 282,458 111,224 94,196 491.832 724 64S 383,756 361,868 107.352 91.279 . . ^W 8X03S, CUT, AHD GLASS PBQDUGTS Clay products: Brick, unglased: Production.... . Shipments Structural t i l e , unglased: Production Shipments Vitrified clay sewer pipe: Production &xipments mTILS PBDDUCI3 4oo 8,889 120.0 miSPOBZ&TIOH igJXPMSCT Motor vehicles, factory sales, total Coaches, total Domestic Passenger cars, total Domestic Smoke, total ,. Domestic tj Revised, g/ Preliminary. .. • cumber. do... do... do... do... do... do... ^69,252 So5 3,64,870 J46.999 103,837 89.030 p56o,4ll P553.827
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