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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE OFFICE OF BUSINESS ECONOMICS Avoiloble only with subscription to tti« monthly mogoiine SURVEY OF CURRENT BUSINESS * » » » J u l y 30. 1954 This Supplement provides selected weekly data and monthly data subsequent to those p u b l i s h e d in the latest monthly SURVEY » » » * WEEKLY BUSINESS STATISTICS1 1953 !954 1953 1954 1 TPM Ju ly 25 Commodity prices, wholesale: AN commodities. . 1947-49-100 Farm products . . do Foods, processed do.. A 1 i other do. . 22 commodities 2/ .do. Department store sales... do.. Insured unemployment, total thous . State programs do. . Failures, ind. & comm. . number Bond y i e l d s , domestic corporate (Moody's) 3/. . . percent J u l y 10 J u l y 17 *! 10.9 *97.9 *I05.5 *l 14.8 88 2 **84 1 10.0 94 8 105.3 114,2 92 ! 77 i 10 2 95 9 105 6 1 14.2 91 6 88 **934 **882 184 #2 , 083 #1,919 196 3.53 3 16 J u l y 24 1 10. 1 95 7 105.5 1 14.2 91 5 226 !88 3. 16 3 15 J u l y 25 Stock prices (480), Standard 185.0 and Poor's . . ..1935-39-100 Industrials (420) . do. 199 8 Product ion : Bitum. coal 3/. . thous. sh. tons ** 1,526 E lectr i c power ,by u t i l i t i e s m i l . kw. -hr . **8,209 Motor vehicles (Ward ' s) . . . .No.161, 137 Petro ieum, crude 3/. .thous . bb 1 . **6 , 464 Steel (ingots & for castings, quantity) 4/ 1947-49=100 132.5 Freight car loadi ngs .thous. cars **79I Mi see i 1 aneous . ... do. **369 J u l y 10 J u l y 17 J u l y 24 229 4 253 4 230.2 253 6 230.3 253 0 1 ,068 1,200 8, 185 99,082 6, 183 8,951 125,091 6,200 89.0 570 280 95.5 695 332 121,975 96.9 \_l Data do not always cover calendar weeks. 21 Tuesday prices. _3/ D a i l y averages. 4/ Week ended J u l y 31, 95.7. * Monthly index for J u l y 1953. ** For week corresponding to latest. # Data for preceding week: Total, 1,937,000; State programs, 1,777,000. MONTHLY BUSINESS STATISTICS 1953 1954 1954 1953 1 TEM June BUSINESS POPULATION I n d u s t r i a l & comm. f a i l u r e s : F a i l u r e s , total. ......number Commer c i a 1 ser vice do . . Construction .do. . Manufacturing & m i n i n g . . do. . Reta i 1 trade do. . Wholesale trade do. . L i a b i 1 ities,total . .thous. dol. Commercial service. . .... do. . Construction. . ........ .do. . Manufacturing 4 m i n i n g . . do.. Retai 1 trade, ... do. . Wholesale trade do . 817 74 99 145 419 80 32,379 1,759 3,200 1 1, 179 12,464 3,777 Apr i I 975 66 92 200 535 82 42,512 1 ,648 3,692 20,568 12,030 4,574 COMMODITY PRICES Consumer price index, a l l items j 947-49= 100 Appare 1 do. . Food , . do . . Dairy products do. . Fruits & vegetables do.. Meats, poultry & fish... do.. I 14.5 104.6 1 13.7 107.5 121.7 1 1 1.3 1 14.6 104. 1 1 12.4 104.6 1 10.0 1 !0.5 1 17.4 Hous i ng do. . 106.4 Gas i e lectr ic i ty ...... .do. . House f ur n i sh i ngs . , . . . . . , do. . 108.0 123 3 Rent . do Med i ca 1 care do . . 121. 1 1 12.6 Per sona 1 care do. . Reading and recreation. . .do. . 107.8 129 4 Transportation, do. . Other goods & ser vices ... do. . 1 18.2 Wholesale p., selected items: Butter, 92-score (N.Y.) dol. per Ib. .656 Eggs, extras, large (Chicago) do 1 . per doz . .517 Corn,av.5 markets. . dol .per bu. 1.522 Wheat, av. 6 markets do.. 2.265 i 18.5 107.6 106. 1 128 2 124.9 1 12.9 106.5 129. ! 120.2 .583 .380 1.504 2.589 May June COMMODITY PRICES - Con. Wholesale prices - Con. 943 965 Beef steers (Chicago) 81 81 dol per 100 Ib 21 73 111 132 23 24 Hogs (Chicago) do 200 208 Beef, choice (N.Y. ) . do 1 .per Ib. .387 460 455 .576 Pork, loins (N.Y.) do.. 89 91 Pig iron, comp . . do 1 . per l.ton 54.80 41 ,613 38,494 .0513 Stee 1 ,comp. , f in. . .dol . per Ib. 2 ',961 2,045 A l u m i n u m , scrap castings 4,514 3,674 (NY) ., dol . per Ib. 0936 18,454 /5,62i Copper, electro. (N. Y, ) . . .do. . .2969 ' 1 1,739 1 1 , 722 Lead refined p i g des i 14 , 499 4,878 verized (N Y ) dol per ib 1341 . 1 100 Zinc, prime W. (St . Lou i s) .do. . Cotton, m i d d l i n g 15/16", av. 10 markets ...... cents per Ib. 33.2 Wool, raw (Boston) .do ! .per Ib. 2/ 1.748 115.0 I/ I 15. 1 CONSTRUCTION AND REAL ESTATE 104.2 104.2 1 13.8 Construction cont awarded, 37 1 13.3 102.9 103.5 States (F. W. Dodge Corp.): 1 17. ! i Tota 1 pro '6>cts 1 14.6 numbe*r40 069 1! 1.0 II L 1 i Tota! valuation m i l . doi. !, ! 15.5 B u i l d i n g , total.... do.. 922.3 1 18.9 I 18.9 I Construe. cost indexes, avg. 20 107.6 1 107.7 cities (E H Boeckh & Assoc ) • 105.8 i05.9 Apts hotels & off b l d g s • 128 3 128 3 Br i ck and concrete 125. 1 125. 1 ">5 1 3 U S avg 1926-29-100 1 12.7 1 13.0 Brick and steel do.. 249.6 106.4 106.4 Br i ck and wood do. . 257. I 129. 1 128.9 Comm & factory bides * 120. 1 120. 1 Br i ck and concrete , do, . 257.5 254.7 Brick and steel .. do . Brick and wood do 254 . 0 .577 .575 Frame ...do. . 259.2 Stee i do 239 i .355 .351 Res i dences : 1.577 1.532 Brick do. . 257.4 2.544 2.293 Frame . .do. . 253.5 £/ Revised. J_/ Index on base previously used (1935-39=100) is 192.4, June 2f Nominal pr Apr i 1 May June 23 77 26 75 .398 .574 56.03 .0524 23 54 24 79 .408 .626 56.03 . 0524 23 49 21 43 .405 .587 56.03 .0524 !037 .2970 1092 .2970 1000 .2970 1390 . 1025 1400 . 1029 14 1 I . 1096 34.2 1.688 34.4 1.731 34.2 i.767 65 52 i 65 641 59 74 ! 1,691.9 1 , 925 . 3 1,733.3 i , 40 1 . 6 1,497.6 1,376.7 254 2 250.2 25?. 8 255 7 25i.3 253.9 256 1 251.5 254 7 261.0 257 4 251 9 25 L 5 24 i 2 262.9 258 8 253 i 252.6 242 2 263.4 259 3 753 6 253.9 242 4 253.4 247.4 254.5 248.3 255.3 249.3 MONTHLY BUSINESS STATISTICS — Continued 1953 DOMESTIC TRADE Mail-order & store sales, total, 2 Cos thous. do 1 . Montgomery Ward i, Co do. . '•-ears Roebuck & Co do Apr! 1 380,397 92 , 804 287 593 FINANCE Federal Government finance: Receipts, Treasury .. .mi 1 . do i . Receipts, net do.. Customs. do. . Income & emp 1 . taxes. .. .do. . H i see i . i tVrerna i rev .... do .. Expenditures, total do.. 1 nterest on debt do. . National defense, etc... do.. 10,323 9,744 51 9, 179 9J»9 7,988 1,882 4,056 CHEMICALS AND ALLIED PRODUCTS Superphosphate (bulk): Production sh ton Stocks, end of month do.. 333, 20Q 83,562 249 647 May 335,726 78 109 257 617 5,037 3,592 44 3,946 877 5,203 249 3,374 3,956 2,751 52 2,865 660 5,296 350 3,691 *20I 072 r2!6 618 * 190, 574 r 185,090 FOODSTUFFS AND TOBACCO Stocks, cold storage, end mo.: Butter, creamery ... .thous . Ib. 257,447 Cheese, total..... do.. 373,855 Apples, fresh thous. bu. 306 Fruits, frozen.. .. thous Ib 487 259 Vegetables, frozen do.. 384,292 749 Meats, total mi I . Ib Beef and veal.. . .thous Ib 190 408 Lamb and mutton do. . 13,46! Pork, excluding lard.... do.. 414,227 Pou Itry do. . 1 17.876 Eggs* She! 1 thous cases ! 513 Frozen thous Ib 159 755 Tobacco,- manufactured prod.: Production, tota 1 .. .thous. Ib. * 1 7 , 806 Chewing, p l u g & twist. ..do.. *7,246 Smok ing..... do . . *7,494 Snuff do. *3 066 Consumption (withdrawals): Cigarettes, small, tax-free mi 1 1 ions *2,658 Cigarettes, s m a l l , tax-paid mi 1 1 i ons *30,587 Cigars, tax-paid. . .thousands *507 , 629 Manufactured tobacco & snuff, tax-paid thous. Ibs. *I7,488 p i 1,241 plO,539 p49 p l O 135 p852 p7, 1 1 5 p 1,752 182 637 198,809 375 584 487,209 3 267 619 O i l 469,050 706 160 002 8,897 420 917 184 743 728 136 48P r42 1 997 r 52 1,763 r 1 302 r702 56 1 r 444, 834 r653 r 1 38 622 r8, i35 r384 643 r I67 499 r 1 348 r 1 66 983 17,369 6,723 7 356 3 2°»0 17 243 6,906 7 030 3 307 462 252 562 970 289 7 12 340 440,802 600 123 198 7,783 347 500 152 144 1 624 188 266 Iron ore (Lake Superior dis.): Shipments from upper lake ports thous. 1. tons Consumption by furnaces. .do. . Stocks, end of mo. ,tota 1 . .do. . At furnaces... do On Lake Erie docks do.. 13,745 8,056 32,070 28 526 3,544 ! 575 5,287 26 142 20 690 5,452 4.3? 107 8! 26 *!"V5 *57 3 17 , 344 170 .an? ! 37 , 542 ....... 275, 99i 323,903 187,779 (36, 124 278,292 142.8 < 302. V r270.3 DI86.8 P277.8 r 139,5 463 193 486,389 172,660 500 , 1 99 503,292 185,974 497,271 497,56! (85,634 A90,T26 523.966 152:394 38 1 , 1 86 90 727 89,640 414,877 8Q.839 88 , 968 422., 157 96,670 98,7 16 384 , 444 96,^6-1 95, >48 i0 ? 1! 484,762 9,^57 484,226 "/ 5 i i 446,739 7,927 453,^-07 740 , 864 i 660,209 ' 645,375 78 i , 767 9 952 5,376 29 563 24 M7 5,416 TRANSPORTATION EQUIPMENT Motor vehicles, factory sales, 631,769 tota 1' , . . . , . number 660, 13 379 380 Coaches, total do, . 343 359 Domestic do . 534 , 667 Passenger cars, tota 1 . . . .do. . 585,678 568,906 515, 592 Domest i c . . do = 96.773 74 073 Trucks total do /LTC. 66,073 1. 70,.,.--• Domest ic., do.. L 10 608 5,403 34 989 29 180 5,809 4,724 2 I 20 i 11 19,824 20 "? '^ " i 9 . 4 3/ 9,938 496 9 9,330 136. ! 457 i 8,475 80 . 3 27.0 56.8 30. 21 X).6?'v 1 9,325 8,9:M 12.5.3 r60.5 r28.9 69,8 28.3 1 20,646 19,332 8,932 446.6 8,366 122,6 ! 0,939 446.5 10/216 1 22 . 8 r58.4 r32. ! 57.7 35,7 r68,5 77 , Q 66,9 28. i | 588.561 598,847 273 | 350 348 250 j 497,062 ! 507,055 478,889 j 489.994 91, 442 91 ,276 -:,X -J ,^, Data for June 1954 cover 5 PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300 FIRST CLASS WASHINGTON 25, D. C. OFFICIAL BUSINESS Permit No. 1009 WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS 460 ! 16 86 29 *l 23 *I9I * May 1953 data. J_/ Index based on monthly average shipments, 1945-47=100. UNITED STATES GOVERNMENT PRINTING OFFICE 4,624 16 944 3 1 , 863 483,650 1 7 , 402 4,503 Q *305,205 *!77,976 *!27,229 Shipments for sa le. . . . . . .do.*259,822 . Machine tools: 273.4 New orders 1 / 1945-47= 100 342,2 Shipments I/ do.. PULP, PAPER, AND PRINTING Newsprint, Canada: Production , sh tons Shipments from mi 1 Is do. . Stocks, m i l l s , end mo.... do., Newsprint, United States: Consump. by pub I ishers. . .do. . Production . do Sh i pments from m i l l s do. . Stocks, end of month* At mi I Is do . At p u b l i s h e r s , . ..do.. June 6,373 TEXTILE PRODUCTS Cotton: 21 Consumpt i on ba les Mfrs s p i n d l e activity* Active spindles last work— i no day total thous Consum. I00# cotton ... do. . Sp i n d i e hours operated, a l l fibers, total 2 / . . m i l . hr . Av per workinq day do Centum 100^ cotton 2/do Operations as % of capacity Rayon and acetate: Shipments, dom. , producers': F i 1 ame nt var n m i l . Ib. Staple ( i n c l . tow) do.. Stocks, oroducers', end mo.: F i 1 ament varn m i l . Ib. Staple ( i n c l tow) do . 2,487 2,485 30,499 445,991 352,655 81 318 27 1 337 METALS & MANUFACTURES - Con. Pig iron, production thous. sh tons Steel forging^* Orders unf i 1 led do Shipments, for sale . .do.. Drop and upset do Press and open hammer .. .do. . Cans, metal, shipments, total sh. tons Food do. . May Apr i i June June METALS AND MANUFACTURES DIVISION OF PUBLIC DOCUMENTS i954 ITFM June jr/ Revised. £/ Preliminary, weeks; other months, 4 weeks. ! 1953 1954 ITEM