The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE ' BUSINESS OFFICE OF BUSINESS ECONOMICS JUNE 26f_J953 Available only with subscription to the monthly magazine SURVEY OF CURRENT BUSINESS SELECTED BUSINESS INDICATORS BILLIONS OF KILOWATT-HOURS 10.0 (Ingots and Stol for Costings) EliCTRIC-POWER PRODUCTION By UTILITIES 9.0 130 8.0 120 7.0 110 too i I i i I i i i I i i i i ri i i*i i i i I i i ! i i i i i i i i i I i i i I i i i i 1 i i i i i i i JAN. FEB. MAR. APR. MAY JUNE JULY AUG. SEPT. OCT 6.0 I M I I I I I I I I I I I I I ! I I I I I I I I I PM I I i I I I I I I I t i I I M I 1 M I I M NOV. DEC. 1947-49-100 JAN. APR. MAY JUNE JULY AIM. SEPT. OCT. NOV. Offc HOURS 52 HOURLY EARNINGS and HOURS in MANUFACTURING MANUFACTURING EMPLOYMENT and PAYROLLS 180 PRODUCTION-WORKER PAYROLLS 120 1.60 I I I I I I I I I I I I I I I I I I I I I I I I I I I I I | I i J I | 1 1 ! 1 I ! I I 1950 1951 40 1.40 PRODUCTION WORKERS * 80 U MAR. DOLLARS 2.00 160 140 FEB. 1952 36 1.20 1953 1952 1951 1950 1953 WEEKLY BUSINESS STATISTICS1 June 14 Commodity prices, wholesale: A 1 1 commod i t i es ! 947-49= 1 OC . Farm products ' do. . . . Foods, processed do A l l other do. 22 commod i t i es 2/ do . Cotton, m i d d l i n g , 15/16", 10 markets J3/. . dol. per Ib.. Wheat, No. 2, hard winter (Kansas City) 3/....dol. per bu.. Department store sales 1947-49=100.. Insured unemployment, total thous.. State programs do F i nance : Currency in circulation 3/ rail, of dol. Federal Reserve bank credit, total do.... Member bank reserve balances do Excess reserves, estimated . . do . . Federal Reserve reporting member banks in leading cities: Demand deposits, adjusted m i l . of dol . . Time deposits, except Government do Loans and investments, total *. do ... r U S Gove ~nment o b l i oat ions do Commercial industrial and aor loans (cross) do Real-estate loans (gross) . do..,. June 21 May 23 *l 1 1 2 *I07 2 *I08 5 *l 12 6 97 1 .407 2.34 1 16 1,087 1,044 96 9 .410 2.30 98 1,073 1,028 **I09 8 **97.9 **I04 4 **l 13 5 88 4 .336 2.32 1 12 932 882 28,840 24, 128 19,978 752 28,792 24,828 21,232 1,496 53,905 17 106 74,882 32,504 20 687 5,778 175 3. 16 187.4 203.9 54 . 637 17, 134 75 , 928 32 . 850 20 946 5,787 151 3. 17 188. 1 204.8 Bond yields, domestic corporate (Moody's) V percent.. Stock prices, 480 stocks(Standard and Poor 's) . 1935-39* 100. . Industrials, 420 stocks do.... Product ion: 1,209 Bituminous coa ! 3/ .thous. of short tons . 7, 126 Electric power, by u t i l i t i e s m i l . of kw.-hr.. Motor veh i c les (Ward ' s) . . number . . 120, 1 14 6,058 Petroleum, crude 3/ thous. of bb 1 . . Steel 4/ 1947-49«100.. 15.8 Freight car load ings, total thous. of cars 631 Mi see 1 laneous do. . . . 322 J./ Data do not always cover calendar weeks. June 1952. ** Monthly index for May 1953. 1953 19!>2 ITEM 2.1 Tuesday prices. 1,316 7,254 1 19,248 6,063 15.6 644 321 3/ D a i l y averages. May 30 June 6 June 13 June 20 88.2 .331 2.25 97 927 880 109.7 96.6 104 9 1 13.5 88. 1 .331 2.21 1 18 918 871 109.6 96.6 104 2 1 13 5 87.5 .332 2.21 1 11 109.3 95.5 103.3 1 13.5 86.4 33.2 2.11 29,825 25,288 19,824 476 29,886 25,308 19,706 345 30,01 1 25,418 19,729 468 30,031 25,741 20, 168 747 29,989 26,656 20,958 1,246 53,084 18,305 76,017 28,822 22 965 6,246 156 3.54 190.7 206.3 53,889 18,354 75,879 28,775 22 836 6,260 168 3.55 188.6 203.8 53, 708 18,388 75,981 29, 144 22,690 6,257 217 3.58 185.) 199.8 54,900 18,430 76,466 29,383 22,732 6,274 167 3.61 179.9 194. 1 167 3.63 182.2 197.0 1,464 8,013 151,609 6,269 140. 1 770 379 1,609 7,956 113,985 6,265 140.8 787 384 1,523 8,096 123,798 6,318 139.8 775 376 1,558 8,245 155,794 6,387 137.4 797 385 4/ Week ending June 27, 139.1. * 159,539 135.9 Monthly index for MONTHLY BUSINESS STATISTICS Earlier data are available in monthly issues of the Survey and the 1951 Statistical Supplement 19 53 1952 Apri 1 May February March Apri 1 May BUSINESS POPULATION Industrial and commercial failures; Fa i 1 ures , tota 1 Commerc 5 a 1 ser v i ce Construction Manufacturing and mining Retail trade Wholesale trade ; L i a b i l i t i e s , total. ... Commercial service Construction Manufacturing and mining Reta i 1 trade Who lesa le trade COMMODITY PRICES Consumer price index, all items Appare 1 Food Da i ry products Fruits and vegetables Meats, poultry, and fish Hou sing Gas and electricity Housef urn ish ings Rent Med i ca 1 care Persona 1 care Read i ng and recreat i on Transportat ion Other goods and services •. number . . do .... do. . . . do.... do.... do.... thous. of dol.. do. . . . do. ... do.... do. . . . do. . . . 780 58 93 171 375 83 29,530 1,744 3,853 12,633 7,050 4,250 638 60 75 1 11 333 59 21, 193 1,219 2,646 10,217 5,264 1,847 691 49 86 132 348 76 27,273 1,180 3,378 8,452 9, 139 5, 124 739 63 85 154 361 76 31,082 1,387 3,506 12,213 10,423 3,553 693 48 86 140 344 75 27,520 1,765 3,748 10,585 8,497 2,925 697 66 70 143 344 74 32,789 3,536 2,511 13,981 6,909 5,852 !947-49sslOO. . do. ... do .... do. ... do.... do.... do . . . ...do do. . . . do. . . . do. ... do .... do. . .* . do. . . . do. ... 1 12.9 106.0 1 13.9 1 10.4 121 . 1 1 14.8 1 14.0 103.9 108.7 1 16.9 1 15.9 1 1 1.3 106.2 124.8 115.2 1 13.0 105.8 1 14.3 109.3 124.3 1 14.5 1 14.0 104. 1 108.3 1 17.4 1 16. 1 1 11.6 106.2 125. 1 1 15.8 1 13.4 104.6 1 1 1.5 1 10.7 1 15.9 107.7 1 16.6 106. 1 108.0 121.5 1 19.3 1 12.5 107.5 129. 1 1 15.8 1 13.6 104.7 1 1 1.7 1 10.3 1 15.5 107.4 1 16.8 106.5 108.0 121.7 119.5 1 12.4 107.7 129.3 117.5 113. 7 104.6 III.5 109.0 1 15.0 106.8 117.0 106.5 107.8 122.1 120.2 112.5 107.9 129.4 1 17.9 I/I 14.0 104.7 112.1 107.8 1 15.2 109.2 117. 1 106.6 107.6 123.0 120.7 112.8 108.0 129.4 118.0 34,561 1,021,310 792,889 50,484 1,347,518 1,054,375 55,435 1,741,542 1,354,217 52,544 1,606,091 1,219,782 CONSTRUCTION AND REAL ESTATE Construction contracts awarded, 37 StatesCF. W. Dodge Corp.): 50,097 Tota 1 projects number . . Tota 1 va 1 uat i on thous . of do 1 . . 1,597,517 Bui Id ing, total do. , . . 1,243,870 63, 709 1 , 563, 660 1,216,618 DOMESTIC TRADE Mail-order and store sales, total, 2 companies. .thous. of dol.. Montgomery Ward & Co do. . . . Sears, Roebuck and Co. do. . . . 332,482 93,423 239,059 368,073 101,381 266,692 258,518 62,171 196,347 327,550 87,515 240,036 345,223 90,564 254,659 384,048 95,059 288,989 47,430 15,994 890 2,435 4, 149 10, 125 1,941 5,266 6,630 47,439 15,855 887 2,543 4, 184 10,068 1,950 5,323 6,629 r 48 ,369 r!7,OI3 856 r2,280 r4,2IO r 10,214 r 1,977 5, 194 6,625 r48,63l rl7,!3l 846 r2,292 r4,23l r10,280 r 1,994 5,225 6,632 r48,796 r 17, 077 r833 r2,402 r4,239 rlO,304 2,015 r5,3!2 r6,6!4 p48,948 p 17, 039 p829 p2,480 p4,274 plO,3!5 p2,027 p5,368 p6,6!6 12,872 7,497 123 703 300 446 1, 109 847 1,298 781 1,300 226 363 5,375 1,033 84 1,079 1,032 413 489 521 186 206 333. 12,726 7,426 126 653 296 442 1, 105 839 1,286 776 1,322 223 359 5,300 1,048 84 1,070 996 414 490 508 157 206 327 r 13, 733 r8, 115 r!42 r677 332 r453 1,142 942 r 1,323 916 r 1,543 r24l 404 r5,6!8 r 1,033 r94 rl, 134 1,137 r437 r497 r5!9 186 219 r364 r 13,834 r8,2!3 r!44 r686 r334 r460 1,145 953 1,335 924 r 1,576 244 r4ll r5,62l r 1,026 r87 1,134 1,138 440 r500 r526 186 220 363 r 13, 767 r8,2!6 144 r695 r330 r464 r 1,145 953 r 1,327 r926 r 1,576 r245 r4!2 r5,55l r 1,023 85 r 1,123 r 1,093 r440 r499 r527 187 r220 355 p!3,7!2 p8, 184 p!43 p705 p324 p463 pi, 140 p952 pi, 307 >922 p 1 , 573 p244 P 4ll p5,528 p i , 051 p85 p i , M5 p i , 068 p440 p500 p5!6 p!88 p2!9 p345 104. 1 105.2 102.9 104.6 rlll.O rl!l.2 r I! 1.8 MI2.0 rill.3 rl!2.5 pllO.9 pM2.7 EMPLOYMENT AND WAGES Employees in nonagr. establishments, total .unadj. .thousands. . Manuf actur J ng do. . . . Mining do. . . . Contract construct i on do. ... Transporat ion and publ ic'uti 1 itles do.... Wholesale and retail trade .........do.... Finance, insurance, and real estate do.... Service and mi see 1 laneous do. . . . Government do. ... Production workers in manufacturing industries: Total do Durab le-goods industr ies do. . . . Ordnance and accessories do.... Lumber and wood products (except furniture) do.... Stone, clay, and glass products Primary metal industries Fabricated metal products £/ Machinery (except electrical). E lectrical machinery • Transportation equ i pinent ! nstruments and re 1 ated products Miscellaneous manufacturing industries Nondurab le-goods i ndustr ies Food and k i ndred products do.... do.... do. . . . do.... do. . . . do. . . . do. ... do do. . . . do. ... Textile-mill products do. . Apparel and other finished textile products do.... Paper and a 1 1 ied products do. . . . Printing, publishing, and a l l i e d industries do.... Chemicals and a l l i e d products do Products of petroleum bnd cool do.... Rubber products do. ... Leather and leather products do. . . . Manufacturing product ion* worker employment indexes: Unadjusted (U. S. Dept. of Labor).., I947-49»IOO. . Adjusted (Federal Reserve) do.... r/ Revised. £/ Preliminary. J./ Index on base previously used (1935-39=100) is 190.6. 2/ Except ordnance, machinery, and transportation equipment. MONTHLY BUSINESS STATISTICS — Continued Earlier data are available in monthly Issues of the Survey and the 1951 Statistical Supplement l<?52 April 1 953 May February March Apr! 1 May EMPLOYMENT AND WAGES - Continued Manufacturing production-worker payroll index, unadjusted (U. S. Department of Labor) 1947-49*100 Hours and earnings: Average weekly hours per worker,all manufactur ing. . .hours. . Durable-goods industries do.. . Nondurable-goods industries.. do . Average weekly earnings, a l l manufacturing dollars . Durable-goods industries do Nondurable-goods industries do Average hour ly earnings, all manufacturing do.... Durab le-goods industr ies do. . . . Ordnance and accessories do.... Lumber and wood products (except furniture) do.... Furniture and fixtures do.... Stone, clay, and glass products do.... Primary metal industries do . . Fabricated metal products I/ do . Machinery (except electrical).... do .. E lectr i ca 1 mach i nery do. ... Transportation equipment do., . . Instruments and related products do.. . Miscellaneous manufacturing industries do.... Nondurab le-goods industr ies. do. ... Food and k i ndred products do. ... Tobacco manufactures do. . . . Text! le-mi 1 1 products do. . . . Apparel and other finished textile products do.... Paper and a l l i e d products do.... Printing, publishing, and a l l i e d industries do.... Chemicals and a l l i e d products do.... Products of petrol earn and coal ..do.... Rubber products do. . . . Leather and leather products do. . . . FINANCE Federal Reserve banks, condition, end of month: Assets, total m i l , of dol. Reserve bank credit outstanding, total do.... Un i ted States secur i t ! es do .... Gold certificate reserve do.... Liabi Titles, total do Depos i ts , do Member bank reserve balances ..do.... Excess reserves (estimated) do. . . , Federal Reserve notes in circulation.. .do .. Federal Government finance: Rece S pts, Treasury, tota 1 m i l of do 1 Rece i pts, net , . „ , . . do , Customs , ,, do Income and employment taxes do Miscellaneous internal revenue. do Expenditures, total do 1 nterest on debt do National defense and related activities. do.... Bonds, price. (Standard and Poor 's Corporation) : Industrial, utility, and railroad (AI+ Issues): Composite (17 bonds) dol. per $100 bond.. TRANSPORTATION Freight car loadings: Federal Reserve indexes, total, adjusted J 935-39. 100. . Coal .do.... Coke do. ... Forest products do. ... Grain and grain products do.... L 1 vestock do .... Ore do.*.. Merchandise, I.e. 1 .V do Mi seel laneous '. do. . . . Freight-car surplus and shortage, d a i l y averages: Car surp lus number . . Box car s do .... Coa 1 car s , do .... Car shortage do. ... Box cars do. . . . Coa I car s do .... FOODSTUFFS Livestock slaughter (Federally inspected): Calves thous. of animals. . Cattle..... do Hogs do. . . . Sheep and lambs do.... 129 1 128 9 r 149 3 IRO 1 r 150 1 p 148 6 39.8 40.8 38.4 65.67 70.99 58.75 .65 .74 .78 .52 .46 .58 83 70 84 .66 .92 .69 .48 .53 .52 .20 .34 .27 .58 2.08 .68 2.03 .80 .31 40.2 41. 1 38 9 66.33 71 51 59 52 .65 .74 .79 .48 .45 .58 84 71 84 .66 .94 70 .49 .53 .52 .20 .35 .26 .59 2.10 .70 2.02 .81 31 40.9 41 7 r39 8 71 17 77 15 r62 88 .74 .85 .86 .56 r .51 .69 2.01 .82 94 r .73 2.05 r 76 .56 .58 .59 .23 .37 .34 67 2.17 1.77 2. 17 r 1.92 rl 35 41.1 41 9 40 0 71 93 77 52 63 60 1.75 1 85 rl 88 rl .57 .52 .70 2 01 .83 95 r .73 2.05 r 76 .57 .59 r .59 .26 .37 .32 67 2.18 1.78 2. 17 rl.94 r 1.36 40.8 r4 1 6 r39 5 7 1 40 r76 96 r62 81 1.75 rl 85 r 89 r .59 .53 .71 2.01 r .83 95 rl.74 2.06 rl 75 1.57 1.59 1.60 1.27 1.37 1.30 1 68 r2.!9 1.80 r2. IB 1.93 1.36 p40.6 o4l 3 p39 5 p7l 05 p76 41 p63 20 p i . 75 pi. 85 pi. 89 pi. 62 pi. 53 pi. 71 P2.00 p i . 83 pi 94 pi. 74 p2.04 ol 75 pi. 57 pi. 60 pi. 61 pi. 26 pi. 37 pi. 29 Dl 67 P2.I9 01 82 02 19 49,213 23,632 22,363 22, 106 49,213 21, 175 19,940 797 24,332 48 6 49,549 24, 152 22,273 22, 103 49,549 2| 412 19,778 591 24 567 48 1 5 1 , 493 26, 194 23, 875 21,480 51,493 2 1 , 770 20,51 1 715 25 681 50,202 24,927 23,806 21,367 50,202 20,421 19,322 -285 25 560 46 5 50,558 25,546 23,880 2 1 , 383 50,558 21,035 19,740 r35l 25 598 45 8 50 389 25,589 24,246 2 1 , 356 50,389 20 976 20,069 p806 25 671 45 8 5 187 4.323 47 4, 166 849 6,016 350 3,771 4 688 3 809 45 3 663 828 5 659 172 3,788 6,300 5 479 43 5,294 856 5,595 31 1 3,501 1 1 870 10,502 56 10,719 993 6, 187 563 3,789 4.044 2,849 54 3,021 880 6,362 372 3,89J 5 140 4 380 51 3 998 922 6 241 179 3,746 1 16.2 1 16.3 1 14.0 1 13.4 1 1 1.7 109.8 126 103 166 142 130 73 212 46 141 122 101 179 126 132 66 212 45 137 130 97 181 146 1 14 57 275 45 149 132 92 184 14? 130 60 27'3 45 154 129 96 178 144 133 66 r237 44 148 130 106 183 157 141 65 237 45 146 17,100 4,108 3,339 1,874 365 857 24,363 1 1, 153 2,554 2,296 704 959 69,294 8, 145 51,776 1,376 768 194 73,260 7,429 56,584 1,745 976 203 58,597 5,584 43,375 1,501 602 341 40,222 12,461 16,278 2,269 1,385 527 405 938 5,281 941 388 1 009 4,482 939 422 1, 170 4,550 1,088 535 1,299 4,962 1,190 541 1,371 4,323 1,100 504 1,345 3,643 1,015 £/ Revised. £/ Preliminary. J/ Except ordnance, machinery, and transportation equipment. Att * o|.38 MONTHLY BUSINESS STATISTICS —Continued Earlier data are available in monthly issues of the Survey and the 1951 Statistical Supplement l<>52 April 19!>3 February May April March May LEATHER Leather production: Calf and kip Catt 1 e h i de Goat and kid Sheep and lamb thous. of skins.. thou s . of hi des . . thous. of skins.. do.... r 702 791 1,783 2,436 2, 103 1,881 2,322 2,292 857 2,006 2 709 2,368 936 r2 020 r3 172 2 319 940 2 132 2 97j 2 414 6,642 19,592 16,487 3, 105 5,225 r6,950 25,904 22,230 3,675 5,492 7,396 29,949 25,741 4,207 5,882 8,257 22,065 19,026 3,039 6,677 r7,764 r2l 572 r 18,816 2,757 6,231 5,922 693 144 292 718 658 128 1,434 143 143 354 398 422 5,947 740 158 305 723 637 133 1,484 140 156 361 334 403 6,533 779 156 335 804 659 148 1,695 167 183 395 373 435 7,437 894 173 415 902 707 168 1,982 205 210 416 448 471 7, 162 838 155 357 880 650 150 2,007 194 206 414 442 447 39,329 r37,9!2 41,820 45,546 28, 544 58,775 45,423 r36,8l 1 58,949 47,993 r 42, 242 62,371 METALS AND MANUFACTURES Iron ore (Lake Superior district): Consumption by furnaces Pig iron, production Steel products, net shipments: Total Bars, hot rolled: A l l grades Re i nf ore i ng thous. of long tons.. thous. of short tons.. do do.... do. ... P 1 ates Rai Is Sheets Strip: Cold rolled Hot rol led Structure 1 shapes Tin plate and ternep late. , Lead, refined (primary refineries): Product i on Shipments (domestic) Stocks, end of month do. . . . do. ... do. ... do.... do.... do. . , . do.... short tons . . do. ... do. . . . TEXTILE PRODUCTS Cotton: I/ Consumpt i on ba les . . Manufactures: Spindle activity (cotton system spindles): Active spindles, last working day, total ... .thousands. . Consuming 100 percent cotton do.... S p i n d l e hours operated, a l l f ibers, total . .mi 1 . of hr.. Average per working day do..,. Consumi nci 100 percent cotton .do . Operations as percent of capacity Rayon and acetate: Shipments, domestic, producers': Filament yarn .....mil. of Ib.. Stap le ( i nc 1 . tow) do. . . . Stocks, producers', end of month: F i lament yarn do. . . . Stap le ( i nc i . tow) do . . . £/ Revised. 8,358 26 247 23 198 3,049 6,587 46,729 39,487 69,608 43, 187 48,914 63,879 848,055 686,951 765,778 772, 176 905,071 747,789 20,910 19,613 10,607 424 9,948 1 15 20,834 19,513 8,110 416 7,532 1 12 21,622 20,277 10, 179 518 9,561 140 21,575 20,221 10,251 513 9,635 140 21,259 19,926 12,353 501 1 1,608 137 21,377 20,013 10,133 507 9,489 139 57.7 21.6 66.8 24.2 r7l .9 r!9.0 r8l.8 r22.7 79. 1 24.6 82. 1 26.8 99. 1 18.9 90.0 17.8 62.9 16.4 r6l.2 r 16.4 60.3 22.9 58.2 25.9 \J Data for A p r i l 1952 and A p r i l 1953 cover 5 weeks; other months, 4 weeks. UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, 1300 FIRST CLASS WASHINGTON 25, D. C. OFFICIAL BUSINESS Permit No. 1009 WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS
@FedFRASER