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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE AVAILABLE ONLY WITH SUBSCRIPTION TO SURVEY OF CURRENT BUSINESS SELECTED J U L Y II, 1947 BUSINESS INDICATORS STEEL INGOT PRODUCTION ELECTRIC POWER PRODUCTION BY UTILITIES (I93S-39-IOO) WFCKLr (BILLIONS OF KILOWATT HOURS) OAT A WEEKLY 50 l.J^L-L-Lj..,U.J.a.JL,.L.Li-L-Li.Ji.l I M J 1 „l I I M ' I I I I I 1 I I I I I I • I I I i I • DATA 3.5 I i f i I ' • ' I • ' ' ' I • • • I • ' ' » 1 • M 1 • 1 ' I M I I I 1 M I 1 M I I M ' I ' • I INCOME PAYMENTS TO INDIVIDUALS SALES OF RETAIL STORES (SEASONALLY ADJUSTED, 1935-39- 100) (SEASONALLY ADJUSTED, 1935-39 - 100) MONTHLY 0A1A SALARIES AND TOTAL INCOME WASES*^ PAYMENTS^ .,1 1 ! i 1 1 1 1 ! 1 1 1 f 1 1 1 I 1 1 t 1 1945 1 ..!.. 1 t L.1..I.I Li 1 !... , 1. M 1 1 1 1 1 1 1 1 1946 WEEKLY 1947 1945 1944 BUSINESS 1947 1946 STATISTICS1 1946 1947 ITSM July 5 June 28 June 21 June 14 June 7 July 6 June 29 Commodity prices, wholesale* 147.8 All commodities 2/ * 1926=100.. 147.6 147.6 147-9 117.2 112.7 1J8.J 179.0 farm products do.... 1J8.7 140.3 179.5 152.9 162.2 162.4 162.6 rood do.... 113*4 163.1 121.1 132.0 132.1 132.1 All other 2/ do.... 105.4 132.2 IO6.3 302.2 300.8 28 commodities^ August 1939=100.. 299.8 300.3 198.3 300.2 216.4 •370 Cotton, middling, 15/16", 10 markets 4/ dol. per lb.. .303 .373 •373 •375 .365 .311 Wheat, No. 2, Hard Winter (Kansas City) dol. per bu.. 2.15 2.41 2.26 2.32 2.05 2.56 Department store sales 1935-39*100.. 239 192 245 256 Insured unemployment, total 6/ thous.. 293 x.» 2.927 3.024 State programs do.... 1,883 1,242 1,181 1.273 Veterans' programs do.•.• 1.639 1.702 1,149 707 Finance: 697 Currency in circulation J+/ mil. of dol.. 28,258 28,210 28,380 28,393 28,199 28,181 28,266 22,1*15 federal Reserve bank credit, total do.... 22,040 23.986 23.694 22.057 22,234 16,028 Member bank reserve balances do.... 15,98« 15.910 15,815 16,081 fixcess reserves, estimated do.... 554 772 867 730 729 federal Reserve reporting member banks in 101 cities* 859 16,904 Sank debits, total do.... 17.532 16745 16,122 19.439 6,962 Hew York City do.... 7.368 7.403 7.330 9.590 tt>.523 to.551 Deposits, demand, adjusted do.... 40,302 39.522 39.2JU 55,020 55,106 Loans and investments, total do.... 5^.698 61,049 61,748 40,139 34,312 U. S. Government obligations do.... 3^.596 42,748 3M71 ^3.^37 10,658 Commercial, industrial and agricultural loans do.... 10,633 7.611 33.*843 10,636 82 7.529 failures, commercial number.. 70 13 66 2.81 Bond yields, domestic corporate (Moody's) 1 percent.. 2.81 2.80 2.81 14 2.71 2.81 121.0 Stock prices, 402 stocks (Standard and Poor s)..1935-39*100.. 123.? U6.0 120.0 152.8 2.71 Industrials, 354 stocks do.... 126.2 120.1 124.4 129*4 156.8 125*5 149.7 Production: 153.0 8,000 Bituminous coal 4/ JJ thous. of short tons.. 12,900 12.875 1.905 2.054 Electric power, by utilities nil. of kw-hr.. if.676 4,675 ^.702 >133 3.741 103,203 Motor vehicles (Wards) 8/ number.. 66.537 102,5^5 97.9»+3 66,913 ^5.175 Petroleum 4/ thous. of bbl.. 5.109 4,905 *.957 5.H3 5.115 Steel 2/ 1935-39-100.. 187*4 172.2 190.1 172.2 189-9 187.8 680 846 901 880 freight carloadings, t o t a l . . . . thous. of cars*. 895 901 304 388 3|4 392 Miscellaneous. » * <> .do.... 388 387 1/ Data do not always cover calendar weeks. 2/ See note in January 1, 1947 issue. £/ Thursday prices. 4/ Daily average. 5/ No quotation. 6/ for description see note in July 13, 1946 issue, jj Estimated total productions June 1947 Wdata are from the national Coal Association. 8/ Data are for U. S. and Canada and include passenger cars, commercial cars, and trucks. £/ e e k ending July 12, 154.7. S:£ Vil "MB IS 2 MONTHLY BUSINESS Earlier data are available in monthly issues of the Survey and toe 19*42 Supplement STATISTICS 1947 May June 1946 April March June BUSINESS INDEXES Income paymentaJ Indexes, adjusted: Total income payment* 1935-39=100. Salaries and wages do... Total nonagricultural.income do... Total mil. of dol. Salaries and wages, total do... Commodity-producing industries do... Distributive industries • do... Service industries do... Government do... Public assistance and other relief do... Dividends and interest do... Jbintrepreneurial income and net rents and royalties.do... Other income payments do... Total nonagricultural income do... 1 J arm marketings, indexes of volume: Total, unadjusted 1935-39=100. Crops do... Livestock and products do... Cash farm income, total, including Government payments mil. of dol. Income from marketings do... Indexes of cash income from marketings: Crops and livestock,combined index,unadjusted.1935"39=100. BUSINESS POPULATION Industrial and commercial failures: Grand total Commercial service Construction Manufacturing and mining He tail trade Wholesale trade Liabilities, grand total Commercial service Construction Manufacturing and mining He tail trade Wholesale trade * 264.9 267.0 255.8 13.931 9.^9 4,100 2,433 ,629 .287 122 5S0 3.026 r262.6 r262.1 r252.6 r14,065 r9.26l r3.95S r2,4ll rl,533 rl.309 122 r913 75* r775 rl2,506 264.5 263.5 253.5 14,686 9.295 3.976 2.39* I.609 1,316 121 l,*72 3.020 778 13.124 240.9 244.1 235-6 14,478 8.787 3.641 2.176 1.503 l.*67 95 2,238 2,500 858 13.178 119 85 144 rll8 r91 rl33 111 9* 125 2,025 1.988 1.972 1.912 1.996 1.930 1.523 1,469 299 288 290 221 373 33 20 155 119 277 17,326 69 3 13 25 24 4 3,006 321 10.971 3.037 2,258 16,080 1.015 247 11,82? 1.503 1.493 254 21 13 108 83 24 15.251 758 34l 11.336 1.169 1.647 272 26s 276 218 390 270 222 286 326 275 327 241 203 276 269 277 223 387 260 223 295 358 282 331 257 204 280 266 283 212 390 257 215 299 36O 292 3*5 269 218 223 200 195 370 210 261 185 219 213 230 207 178 177.1 rl77-2 ,062 733 958 717 369 339 243 rS76 r662 r306 r240 Z95 142 30 rS6 241 10 15 *3 3 100 r2l4 P150 P127 pl24 plOS 9.302 2,102 7.200 12,321 number. do... do... do... do... do... thous. of aol. do... do... do... do.,.. , do,.. 739 Z \ 16 117 84 e 37 1.996 661 80 COMMODITY PRICiiS Prices received by farmers, a l l farm products...1909-14=100. Crops do... i'ood grain do... feed grain and nay do... Tobacco do... Cotton do... J'ruit do... Truck crops do... Oil-bearing crops do... Livestock ana products do... Meat animal a do... Dairy products do... Poultry and eggs.. do... Rstail prices, U. S. Department of Commerce: All commodities, index 1935-39=100. 271 262 253 240 390 275 228 215 318 278 338 233 205 199 177.2 147.7 r826 r64S r285 r247 146 20 r96 rl78 24 12 r871 CONSTRUCTION AND REAL SiTATE New construction, total mil. of dol. Private, total do... Residential (nonfarm) do... Nonresidential building.exe.farms and pub.utility..do... Industrial do... JParm construction do... Public utility do... Public construction, total do... Residential construction do... Military and naval do... Nonresidential building do... Industrial do Highway do... Value of contracts awarded (federal Reserve indexes): Total, unadjusted 1923-25=100. Residential, unadjusted do..., Total, adjusted do..., Residential, adjusted do..., 252 137 50 117 274 8 16 1*5 3 125 rl6 rl5 41 4 *75 36 3 r699 r284 304 138 40 71 172 23 14 26 r48 6 63 rl52 rl44 rl33 rl23 133 135 132 129 201 195 174 177 r8,822 1.988 r6,834 8,746 1,860 6,886 7,736 1.55* 6,181 DOMESTIC TRADE All retail stores, total sales Durable goods stores Nondurable goods stores tj Revised. p_/ Preliminary. mil. of dol. do... do... MONTHLY BUSINESS fearlier data are available in monthly issues of the Survey and the 19*2 Supplement 3 S T A T I S T I C S — Cents nued 19*6 19*7 June May April March June DOMESTIC litaDE - Continued All retail stores, indexes of sales: Unadjusted, combined index Durable goods stores Nondurable goods stores Adjusted, combined index Index eliminating price changes Durable goods stores i\ondur&ble goods stores 1935r*39«100. do... do... do... do... do... do... HjuKCji federal Reserve banks, condition, end of months Assets, total mil. of dol. Reserve bank credit outstanding, total do... United States securities do... Gold certificate reserves do... Liabilities, total do... Deposits, total do... Member bank reserve balances do... Excess reserves (estimated) do... federal Reserve notes in circulation do... Reserve ratio percent. Gold, monetary stock. United States mil. of dol. Currency in circulation do... Public finance (Federal): Debt, gross, end of month do... Interest bearing: Public issues do... Special issues do... xtoninterest bearing .do... Obligations guaranteed by U. 5. Government, amount outstanding (unmatured) do... Expenditures, Treasury, total ....do... War activities do... Interest on debt do... Receipts, Treasury, total do... Receipts, net do... Customs do... Internal revenue, total do... Income taxes do... Social security taxes do... Stock prices: D o W o n e s & Co. (65 stocks) dollars per share. Industrials (30 stocks) do... Public utilities (15 stocks) do... Railroads (20 stocks) do... IRAN3P0RTATIGN freight carloadings, total cars 1/ Coal Coke forest products Grains and grain products Livestock Merchandise, l.c.l Ore Miscellaneous thousands. •do. do... do... do... do... do... .....do... do... 279.5 260.8 285.6 27U.1 15*.6 21*5.2 283.5 r275-* 249.8 r283.7 r274.2 154.6 250.7 P2S1.8 265.1 230.6 276.4 277.6 156.6 2*9-5 286.7 2*2.3 200.1 256.1 238.7 162.6 I89.8 25*-7 44,425 22,170 21,872 20,039 44,425 17,7*3 16,112 p7S* 24,154 47.3 p21,266 P2S.299 44,882 22,732 22,088 19.689 44,832 18,009 16,238 r991 24,120 46.7 20,933 r28,26l 44,236 22,205 21,357 19,537 44,236 17.470 15,826 654 24,022 U7.1 20,77* 28,114 **,931 23,431 22.593 19,222 **,931 18,2*9 15.26* 344 24,162 45.3 20,463 28,230 44,82S 24,456 23.7S3 18,103 44,828 18,206 16,123 1,112 24,191 *2.7 20,270 28,245 258,286 227.7*7 27.366 ' 3.173 25S.3*3 228,789 26,186 3,368 257.701 229,147 25,280 3,27* 259.12* 230,618 25.133 3,32* 269,422 2*5,779 22,332 33 *.570 l.*93 1.396 5.*80 5.*73 35 3.993 3.270 125 171 4,466 1.327 92 3.204 2,365 37 2-, 57S 1.619 365 171 3.9S1 1.723 141 2,624 2.556 41 2,309 1.597 75 175 3,492 1,428 626 5,72* 5,701 5,**6 4,650 118 2)442 1.395 4,482 *.*79 1 4,080 3.392 76 61.26 173.76 59.*9 168.67 33.39 43.60 61.04 171.28 3*.52 45.88 63.64 176.66 36.02 *9.15 77.59 207.32 42.51 66.64 *.376 922 72 233 213 66 593 369 1,909 3,2 3,*36 725 *5 193 182 1.536 *»170 917 73 250 265 67 620 69 1,910 21,437 5.846 516.73S 27,*56 8,650 506,031 32.757 9,804 492,466 13,486 9,631 420,262 14,099 3.133 *57,9*1 17.123 *,**9 **9.35l 19.272 *,557 *37.770 7,382 37*,072 6,691 6.159 9,3*2 8,675 10,635 9,621 11.9*9 8.992 39,*S1 *0,429 39,*81 375 40,429 352 **.957 315 **,642 627 3*.770 l.*39 2.70S *,690 9,155 16,777 1,816 35, £#> 1.505 2.875 4,610 9,067 17,*33 2,077 32.815 1.752 2,960 *.379 8,703 15.027 5.30* S3 3.5*3 708 5* 188 200 *9 464 32k 1.555 53 I83 191 5* F00DSTU1TS AND TOBACCO Distilled spirits: Production thous. of tax gal. Tax-paid withdrawals do... Stock8, end of month do... Whisky: Production do... Tax-paid withdrawals do... Stocks, end of month do... Rectified spirits and wines, production, total thous. of proof gal. Whisky do... 1,311 467 3 5 5* 510 246 1,482 3.935 LJuATKSR AND PRODUCTS Boot and shoe production, total thous. of pairs. Government shoes do. •. Civilian shoes, total ,.do... Athletic do... Dress and work, including playshoes, etc.: Leather uppers, total do... Boys' and youths 1 do... Infants' do... Misses' and children's do... Men's do... Women's do... % Part leather and nonleather uppers do... r/ Revised, JB/ Preliminary. 1/ Data for May 19*6 and for March and May 19*7 are for 5 weeks; other months. * weeks separately; data included with civilian shoes. 2/ Not reported MONTHLY 4 BUSINESS Juarlier d*ta are available is. montnly Issues of tiie Purvey and tee V&i! Supplement S T A TI S T l C S — Continued 1946 I?**? June hey AprU Mfarch June LUriBbH AttI) tUHWACZUaU) Lumber (National Lumber f-tanufacturere Association): 1/ Production, total mil. of od. f t . aardwoods do... Softwoods do. • • Shipment a, t o t a l ao... hardwoods do... Softwoods do.... Stocks, gross, end of inontn, t o t a l do... Hardwoods do... Softwoods do... 3.W 5.732 632 2, ICO 2,560 530 2,030 ^.537 1.470 3.067 10,373 5.081 1,033,341 92,484 366.873 164,791 79.133 43.324 171.905 2/78,000 95.760 7.079 ! r?.57« 62^ rl,<b5 2.383 507 1,862 1.^27 3.029 2.749 656 2.053 2.605 614 1.964 3.753 959 2.794 4,448 4,830 0 5.123 8.654 3.662 26*, 284 13.527 2.709 35.^52 r984,622 67.175 337.047 160,223 74.131 41.655 rl67,727 r7U,712 r83,786 6.926 8.331 20,564 10,64? 3.052 r32,046 900,629 77.336 323.722 138,986 65.*55 38.3** 149.840 58.955 85.313 6.291 6.013 1U.363 11,800 2.329 39.252 1.*3*.33 9*3,374 773,865 128,650 rl,75 u .4l0 r88v,36b r751.198 rll7,346 1.009.632 69.792 35*.233 162,270 73.967 42,092 164,969 76,061 79.694 7.447 7.043 21,004 11,128 2,i*22 r28,630 1,800,239 901.973 773.441 124,825 1.596,773 820,090 677.681 99.002 723.333 764,445 760,303 r691,251 r7U,4i>4 r708,184 r733.255 '732.863 r721,600 663.564 671.335 677.096 90,105 106,675 106,340 us,770 rl02,099 rl0l,7ol r99.894 r49,200 rll9,009 106,484 rl05,153 r47,S80 108,191 97,790 99,684 59.500 262.333 263,950 262,563 66,229 r237.31^ r250.633 r251,070 r63,572 r252,988 r256,045 r249,862 r67,23 l * 214,214 226,110 268,049 53.512 274,030 232,120 286,210 62,650 r254,Up3 r259.0UO r258.180 r6o,290 r270,46l r271.949 r269,497 r59.2H 254,258 254,348 256,630 65.970 13.389 15.338 19.332 14,566 15,414 21.330 6.336 14,205 12.133 22,178 14,489 14,564 11.894 4.928 rlO.358 r9.637 r5.475 21.419 10.5M 9.645 5.1*1 22,605 29 J: 7316 11,672 11.269 19.71*3 13.029 12.535 19.3*6 12,921 12,711 18,653 13,002 i3.i*> 15.971 8.177 5.726 7,121 9.928 11,458 6,53* 7.897 13.^66 632 c.U65 2,8b<$ 2,280 4.7&1 1.463 ! 1 1 M56 aUT'ALS Aft; MAMUb'AGTUaKS Iron ore (Lake Superior d i s t r i c t ) : lake ports Fig iron, production Shipments frou upper thous. of long t o n s . . tnous. of snort t o n s . . n.457 PAPJft Alto MtfaTIaG Wood pulpt Production, t o t a l , a l l grades snort t o n s . . hleacued sulphate do... • Unbleacned sulphate do.... bleached sulpnite do.... Unbleacned sulphite do.... Soda do.... Groundwood do.. • • Defibrated, exploded, etc do.... Stocks, end of month, total, all grades do.... Bleached sulphate do.... Unbleached sulphate do.... ttleached sulphite do.... Unbleached sulphite do.... Soda do.... Groundwood do... • All paper and paperboard mills (bureau of tne Census)* . Paper and paperboard production, total do.... Paper do. •.. Paperboard do... • building board do.... Paper, excluding ouilding paper, newsprint and paperboard (American Paper and Pulp association)! Orders, new soort tons.. Production do.... Shipments do.... Fine paper: Orders, new do.... Production do.... Shipments do.... Stocks, end of month do...• Printing papers Orders, new do.... Production do.... Shipments do.... Stocks, end of month do..... Wrapping paper: Orders, new. do.... Production.....'*. do.... Shipments do... • Stocks, end of month do.... STOSa, CLAY, AND &LASS PRODUCTS Portland cement: Production , thous. of bbl.. Shipments* do.... Stocks, finished, end of montn do.... Stocks, clinker, end of month do.... Glass containers! Production , thous. of gross.. Shipments.•..•••......•....••....••...•••.•••••...••.do.... Stocks, end of month do.... P l a t e g l a s s , polished, production thous. of s q . f t . . TEKZXL* PoaiAIC-rs Hosiery: Production thous. of do*en p a i r s . . Shipments••....•••.•••••.•••••••••••...... > • * . . . . . . . a d O . . • . Stocks, end of month >..........do.... Proxylin-coated t e x t i l e s (cotton f a b r i c s ) i Orders, u n f i l l e d , end of month thous. of l i n e a r yd. Pyroxylin spread thous • of l b . Shipments, b i l l e d thous. of l i n e a r yd. 6,350 10,556 9,464 6,o<$6 23.171 6,667 8.419 5.996 S.991 8,680 5.7*6 7.653 |/ Kevised. 1/ iteta hare been revised to adjust the monthly series to total production for 1945 compiled by the Bureau of the Census. 2/ Xstimated.
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