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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE BUREAU O F F O R E I G N A N D D O M E S T I C COMMERCE AVAILABLE ONLY WITH SUBSCRIPTION TO SURVEY OF CURRENT BUSINESS SELECTED BUSINESS STEEL INGOT PRODUCTION JUNE 27, 1947 INDICATORS ELECTRIC POWER PRODUCTION BY UTILITIES 11935-39 «100) libO (BILLIONS OF KILOWATT HOURS) WeCKLY DATA 200 T*!-»«* / ISO MTA NOT PLOTTED s -£ \ ^*<^ I 100 1,1 1 L l L I , 1 1. 1 i 1 1 1 1 i 1 ! i ! i , i , | i i 1 1 1 1 1 1 1 1 1 I I 1 1 1 1 ! 1.1.1...1 < i 50 i,U„ CONSUMERS* PRICES MANUFACTURING EMPLOYMENT AND PAY ROLLS (1935-39- 100) (UNADJUSTED, 1939" 100) ' MONTHLY DATA i FOOD^ ^ ^ TOTAL 1 1 1 1 1 1 1 1 1J_L _L_L,U..,.Ll.J. 1,1 1 1, 1944 1 1 1 1 1 1 1 1 1 1 1 1946 WEEKLY I I 1 1 1 1 I I 1 1 1J-J loo 1, H I U 1 I I I I 1 I I t M I I 1947 1945 BUSINESS STATISTICS 1947 nac Commodity prices, wholesales All commoditieg 2/ 1926«100.. farm products. do.... flood ,.. do.. o. Ail other 2/ , .....do 28 commodities ]J August 1939=100.. Cotton, middling, 15/l6n, 10 markets 4/ dol. per lb.. Wheat, Ho. 2, Hard Winter (Kansas City) ....dol. per bu.. Department store sales 1935-39*100.. Insured unemployment, total 6/ thous.. State programs '. do. • Veterans* programs do.... finance: Currency in circulation kj .mil. of dol.« federal Be serve bank credit, total .do.... Member bank reserve balances „...do.... Sxcess reserves, estimated .....do.... federal fieserve reporting member banks in 101 cities! Sank deb it s, 101 al do.... Hew York City do.... Deposits, demand, adjusted do.... Loans and investments, total. .do.... U. S. Government obligations........ do.... Commercial, industrial and agricultural loans do.... failures, commercial number.. Bond yields (Moody1 s) .percent. • Stock prices (402 stocks) 1935-39*100.. Product ion* Bituminous coal 4/ thous. of short tons.. Electric power, by utilities mil. of kw-hr.. Motor vehicles (Wards) 8/ number.. Petroleum]!/ thous. of bbl.. Steel $/... 1935-39*100.. freight carloadings, total thous. of ears.. Miscellaneous. do.... June 21 3OO.3 -375 2.32 28,199 21,797 16,241 859 17.532 ,7.368 40,523 55.106 3^.596 10.633 120.0 103,27s June 14 147.6 ijs.j 162.4 132.1 300.8 .373 2.41 300 28,258 22,040 16,028 772 16,745 7.403 40,302 June 7 147-9 179.5 163.1 132.2 300.2 .365 2.56 293 1.893 l,15f 696 28,266 22,234 15 1f7 1:8 2/2,146 ^.702 97.943 5.U3 189-9 895 387 147.4 178.4 161.6 132.3 297.4 •359 2.75 250 1,891 1,161 690 146.9 177.2 160.3 132.2 296.3 .361 2.69 277 1,842 1,120 681 28,194 22,019 15.705 512 28,114 22,071 15,942 768 15.636 6,495 39,902 54,924 34,479 10,674 72 16,054 6,177 39.723 54.893 June 22 June 15 112.4 111.8 139.9 111.8 104.9 196.4 .291 i4o.o 113.7 105a 198.1 .292 1.86 248 3,130 135 1,73* 28,100 23,454 15.916 671 115.6 113.2 i:$ 1/2,410 4,429 79.315 5.024 I87.O 830 361 4,663 96,651 5,025 188.4 891 386 1,979 4,129 5^,475 4.950 166.2 858 370 2.80 9 May 24 116.0 33.8*3 2.81 U9.5 19*l6 Kay 31 17,53? 8,3}^ 39.869 62,50p 44,324 7,520 25 2.71 152.4 5M9* 3^.171 1947 1946 1 190.1 901 388 2.80 #.580 10,762 102 2.80 M I'M 1,764 28,133 23.896 15,909 833 8:8 »<4 7l6 t 7,507 12 2.71 2,06l 4,030 50,206 4,961 150.2 868 370 1/ Data do not always cover calendar weeks. 2/ See note in January 1, 1947 issue. %J Thursday prices. 4/ Daily average. 5/ No quotation. 6/ for description see note in July 13, 1946 issue. ]J Computed from estimate of total coal production from the Hational Coal Association. §J Data are for U. S. and Car.oda and include passenger cars, commercial cars, and trucks. £/ Week ending June 28, 187.4. 2 MONTHLY BUSINESS Earlier data are available in monthly issues cf the Survey and the 1942 Supplement STATISTICS W Hay April 1946 March February May COMMODITY PKICKS Consumers' price index (U. S. Department of Labor): Combined index 1935-39*100.. Clothing > do.... food • do.... fuel, electricity, and ioe . do.... Gas and electricity do.... Other fuels and ice • do.... Hottsefurnishings do.... Bent do.... Miscellaneous do.... Wholesale prices (U. S. Department of Labor)? Combined index 2/ 1926*100.. Beonomlc classes? Manufactured products 2/..... do.... Be* materials do.,.. Semimanufactured articles...» * do.... Farm products • * .do.... Grains do.... Livestock and poultry do.... Commodities other than farm products 2/ do.... foods do.... Cereal products do.... Dairy products do.. •. traits and vegetables ^ do.... Meats. do.... Commodities other than farm products and foods 2/..do.... Building materials. do.... Brick and tile.. do.... Cement do. •.. Lumber do..•. Paint and paint materials do.... Chemicals and allied products do.... Chemicals . do.... Drugs and pharmaceuticals do.... fertiliser materials do.... Oils and fats do.... fuel and lighting materials do.. •• Electricity do.... Gas do.... Petroleum products. , do.... Hid68 and leather products .do.... Hides and skins do.... Leather. do.... Shoee do.... Hbusefurnishings do.... Furnishings do.... furniture do.... Metals and metal products 2/ do.... Iron and steel do.... Metals, nonferrous .do•... Plumbing and heating equipment do.... Textile product s. do.... C lo thing do.... Cotton goods • do Hosiery and underwear do.... fiayon , do.... Silk.. do Woolen and worsted goods do.... Miscellaneous .do.... Automobile tires and tubes do. Paper and pulp do.... Wholesale prices of selected commodities: Coal, bituminous, mine run, composite..dol. per short ton.. Coffee, Santos, Ho. 4 (Hew York) dol. per lb.. Cotton, middling, 15/16", average, 10 markets do.... Cotton cloth: Mill margins cents per lb.. Print cloth, 64 x 60 .dol. per yd.. Butter, 92-score (H«. Tork) dol* ^er lb.. Bggs, U. 3. standards (Chicago) dol. per doe.. drains and grain products; Corn, weighted average, 5 markets dol• per bu.. Wheat, weighted average, 6 markets. do.... Wheat flour,standard patents (Minneapolis) .dol. per bbl.. Hides, packers*, heavy, native Steers ..dol. per lb.. Livestock and meats: Beef steers (Chicago) dol. per 100 lb.. Hogs, all grades (Chicago) * do.... Beef, fresh, native steers (Chicago) dol. per lb.. Pork,, fresh, loins, 8-10 lb (Hew York) do.... Lumber: Douglas fir, diau,Ho.2tcom.,2Mx 4"- l6».dol.per M bd.ft.. Southern pine,boards,Ho.2,common,lt,x 6"or 8"x 12'..do.... Ponderosa pine, Ho. 3, common, 1 M x 8* do.... 2fcf 92.4 142,2 18106 i/109.2 138.7 146.9 141.7 158.6 1%.2 175-7 202.4 198.7 140.4 159»8 151.7 138.8 144.3 203.0 131.7 177.0 134.5 114.0 269.4 I69.2 127.1 113.7 173.6 102.5 179.9 103.3 188.0 118.4 £:? 182.4 1/109.0 139.1 147.7 141.9 160.I 144.5 177.0 199.8 199.2 141.0 162.4 154.1 148.8 142.2 196.7 131.8 178.8 13^.5 114.0 273.5 175.5 133.2 «9.5 181.0 101.2 220.1 103.4 1/109. 138.2 137.4 ****84.*0 86.3 166.4 178.1 158.0 172.1 127.4 134.4 120.0 140.3 127.6 141.0 118.2 139.2 133.0 194.7 100.8 37.0 69.4 129.1 U5.7 73.0 152.5 6.334 .258 .3513 51.25 .227 .631 .425 r6.252 .277 .3515 5307 .255 .696 .418 1.68 2.64 12.74 .223 I.69 2.62 13.17 .220 1.59 2.67 13.66 24.06 22.24 .376 .531 • 22.93 23.49 .370 .508 62.23 66.86 54.69 62.23 69.51 52.71 127*2 111.0 1*9.5 143.3 163.2 145.9 182.6 203.3 216.0 142.1 I67.6 150.4 157.6 141.5 207.3 131.1 177.5 132.4 112.3 269-3 176.1 132.2 U4.5 182.7 101.8 231.5 100.7 64.3 84.9 81.7 174.6 192.2 183-7 171.5 125.8 131.4 120.0 139.9 126.9 139.0 117.9 139.6 133.0 196.6 100.8 37.0 73.2 127.5 U5.3 73.0 145.1 86.8 I65.6 177.7 154.5 172.2 128.8 136.9 120.3 141.4 128.6 1*3-9 120.0 138.9 133.9 193.0 100.8 37.0 67.9 129.2 116.1 73.0 154.3 6.344 .237 •359? 47.86 .216 .613 .409 I/IOSIQ 139.7 £3 170.4 171.1 aoi.5 138.6 162.0 141.3 161.8 13M 199-5 128.5 174.8 132.3 109.9 263.6 173.9 129-3 113.3 182.5 99-2 214.3 97.9 S3 76.6 173.8 191.4 181.1 171.5 124.6 129.6 U9.5 137.9 125.O 131.3 117.1 I38.O 132.7 193.7 100.0 37.0 80.2 121.9 110.9 73.0 143.4 6.230 .272 .3331 106.1 123-6 101.9 137.5 148.1 134.9 105.I 111.5 100.3 117.0 140.6 110.5 103.9 127.8 120.5 102.6 172*5 108.2 96.5 97.? 112.4 81.9 102.1 86.1 67.O 80.2 63.5 120.4 120.7 104.0 128.9 IO8.3 113.4 102.9 109.4 IO7.8 89.O 100.8 108.8 • 119.6 I38.6 75.7 30.2 1/ 112.7 97.0 73.0 115.3 5.740 .228 1.31 2.28 11.62 .231 .2744 23-73 .114 •*73 .336 1.30 1.79 6.55 .155 23.30 27.10 .371 .505 21.94 25*70 .362 .509 16.77 14.81 .203 .266 60.27 71.46 50.99 58.80 72.53 48.51 38.22 46.03 40.65 *& .709 •378 rj Hevised. 1/ Estimate based on survey of rents in 6 cities. 2/ Motor vehicles are included at current prices beginning October 1946; April 1942 prices were carried forward in earlier computations. May 1947 indexes calculated with April 1942 motor vehicle prices: all co modi ties, 145.0; manufactured products, 138.7? commodities other than farm products, 13S.I1 commodities other than farm products and food, 128.7; metals and metal products, 127.8. ]J Hot available. MONTHLY BUSINESS Earlier data are available in monthly issues cf the Survey and the 19*2 Supplement S T A T I STIC S — Continued 3 19U6 19*7 May April March May February COMMODITY PRICES - Continued Wholesale prices of selected commodities - Continued. Metals and manufactures: Pig iron, composite doto per long ton., Steel, composite, finished dol. per lb. Structual steel (Pittsburgh) do... Steel scrap (Chicago) dol. per long ton. Copper, electrolytic (N.X.) dol. per lb. Lead, refined, pig, desilverized (H.T.) do... Zinc, prime, Western (St. Louis) do... Petroleum and products* Crude petroleum (Kansas-Oklahoma),at wells.dol. per bbl. Gasoline, tank wagon (N.T.)... dol. per gal. Sugar, refined, granulated (H.Y.) dol. per lb. Wool, raw, territory, fine, scoured do... 33-81 .0329 .0250 29.25 .2211 .1500 .1050 33-81 .0329 .0250 33.05 .2123 .1500 .1050 33.55 .0329 1.810 .172 .081 1.225 .1*96 .1050 30.86 .0329 .02§0 31.63 .1935 .1318 .1050 26.82 .0301 .0235 18.75 .1178 .O65O •0825 1.810 .17.2 .081 1.225 1.710 .167 .080 1.195 1.560 .161 .080 I.I65 1.210 .149 .059 .995 27.770 7*2.837 *S9»985 ,29.957 602,338 1*0,985 32.268 596,755 47*.784 24,321 442,197 351.649 63,188 952.U18 275.88* 104,322 171.562 260,325 99.623 160,701 249,263 97.552 151.711 185,800 71.205 211,418 85.065 126,353 *l.9?3 r*l,767 rl5,*18 rS56 rl,6l9 r3.791 8,551 r6,106 5.*26 rl52.9 rlS0.7 rl58.0 125.3 r218.7 226.6 190.8 156.1 r200.5 r300.8 359.2 315.8 206.1 rl84.8 rll+8.9 83.O rl32.1 129.1 rl46.0 rl30.9 rl06.9 118.1 78.4 102.7 rl35.0 123.5 142.4 rlQ3.2 88.6 A25.0 107.2 r42,043 rl5.5H r879 rl.53* r4,02l rS,563 6,120 5.*15 154.0 rlS0.9 158.1 124.2 231.3 225.1 190.6 158.4 198.2 r296.7 r355.8 31M r202.3 rl87-5 145.4 rSl.O rl34.2 36?!? .2091 CONSTRUCTION AND REAL ESTATE Contract awards, 37 States (f. W. Dodge Corp.): Total projects number. Total valuation thous. of dol. Building, total do... 75*.563 DOMESTIC TRADE Mail-order and store sales: Total sales, 2 companies Montgomery Ward & Co Sears, Roebuck and Co do. do. do. EMPLOYMENT CONDITIONS AVD WAGES Employment (U. S. Department of Labor): Employees in nonagricultur&l establishments: Unadjusted, total thous.. Manufacturing do.... Mining do Construction do.... Transportation and public utilities do.... Trade do.... financial, service, and miscellaneous do.... Government do.... Production workers,all manufaeturing,unadjusted..1939=100.. Durable goods do.... Iron and steel and their products do.... Blast furnaces, steel works, and rolling mills.do.... Electrical machinery do.... Machinery, except electrical do.... Machinery and machine-shop products do.... Machine tools do.... Automobiles do.... Transportation equipment, except automobilee do.... Aircraft and parts (excluding engines) do.... Aircraft engines do.... Shipbuilding and boatbuilding do.... Bonf errous metals and products do.... Lumber and timber basic products do.,.. Sawm ills do furniture and finished lumber product s do.... furniture 1/ do.... Stone, clay, and glass products do.... Nondurable goods do.... Textile-mills products, and other fiber mfrs do.... Cotton manufactures, except small wares do.... Silk and rayon goods do.... Woolen and worsted manufactures do.... Apparel and other finished textile products do.,.. Men*a clothing 1/.. do Women's clothing 1/ do.... Leather and leather"~products do.... Boots and shoes do.... food and kindred products do.,. . Baking do.... Canning and preserving do.... Slaughtering and meat packing do.... Tobacco manufactures do.... Paper and allied products do.... Paper and pulp do.... Printing, publishing, and allied industries do.... Newspapers and periodicals. do.... Printing, book and job. do Chemicals and allied products do.... Chemicals do.... Products of petroleum and coal do.... Petroleum refining do.... Rubber products do.... Rubber t i r e s and inner tubes ....do.... 15,260 882 1.7*0 3.933 3.S 8,568 88! 151.0 179.1 157.6 211.1 225.7 192.8 304.5 I8O.9 153.2 130.1 142.4 128.9 104.4 130.1 101.3 "125-7 1 rl X 3 i1 1*5.3 132.8 108.6 118.7 i ! 1 1 59.6 89.1 144.1 128.8 19^.1 "i*7*.7 "is5."o 115.* r87.5 rl45.0 124.6 rl28.6 117.6 130.1 rl96.2 180.1 rl45.4 134.1 rl93-5 194.9 1 ? ' TJ Bevised. 1/ Revised to adjust monthly series to 19*5 data from the federal Security Agency. 79.5 105.9 141.9 125.2 15H.5 104.5 89-9 123.5 106.2 r56.9 119.1 92.2 145-9 125.5 128.2 116.7 130.4 197.5 179.1 145.9 135.* 196.5 199.1 U*.595 41,858 15.*83 880 1.502 4,012 8,507 6.107 5.367 rl53-7 180.1 157.5 124.4 232.O 223.5 190.3 161.1 196.6 r297.6 40,258 1*.159 753 1,438 3.9*6 8,302 5.965 5.695 139.6 159.0 139.1 114.7 194.2 194.1 170.6 161.1 167.8 309.2 311.2 294.0 279.0 157.0 127.8 77.0 116.2 rll5.1 132.3 124.3 103.0 111.9 357.6 321.8 r203.3 I88.9 142.3 r79.7 rl34.5 rU2.1 144.5 133.0 109.1 119.1 79.6 108.6 141.7 125.3 153.5 104.9 90.2 rl23.9 105.7 60.8 123-5 95.* 145.9 125-7 128.1 115.6 131.4 197.1 178.6 146.0 135.2 198.2 201.2 i ! 1 i [ I 1 1 106)7 126.0 Ul.l 138.5 103.* 88.4 119.9 103.5 70.4 112.9 91.2 I36.8 120.0 118.7 109.0 121.3 182.8 167.5 140.6 13*.* 179.7 193-* 4 MONTHLY BUSINESS Earlier data are available la monthly issues of the Survey and the 1942 Supplement ST A T i S T i C S — Continued 1946 19*7 May April February March Kay SHPLOTMENT CONDITIONS AND WAGES - Continued aBployment (U. S. Department of labor) - Continued. Nonm&nufacturing employment, unadjusted! Mining} Anthracite 1939-100. Bituminous coal do... Metalliferous..... do... Quarrying and nonmetallic . .do... Crude petroleum and natural gae do... Public utilities: Electric light and power ...••» .....do... Street railways and busses ....••..do... Telegraph. • ..........do... Telephone .....do... Services* Dyeing and cleaning. do... Power laundries do..• Tear-round hotels do... Trade: Retail, total do... Wholesale do... fXKAVCS Bonds, sales (Securities and Exchange Commission)! t o t a l on a l l registered exchanges! Market value thous. of dol. free value ...do... On Hew Tork Stock Exchange: Market value do... face value. do... Stocks, eales (Securities and Exchange Commission)! Total on all registered exchanges! Market value ; ...do... Shares sold ..... thousands. On Hew Tork Stock Exchange: Market value thous. of dol. Shares sold thousands. METALS AND MANUfACTURES Oil burners: Orders, new, net Orders, unfilled, end of month.... Shipment s : Stocks, end of month ,, PAPER AND PRINTING 81.8 89-7 88.6 98-7 92.0 82.9 90.4 87.6 97.1 91.7 81.0 66.9 67.7 95.7 92.8 105.5 W30 104.9 13p.9 104.5 78.3 r!04.0 rl31.0 100.7 A88.4 103.2 I3I.I 101.8 186.9 98.6 127.6 113.5 I67.6 123.8 110.8 116.8 rl21.5 rl09.1 ril7.5 118.8 108.7 117.3 117.0 109.5 117.7 129.6 110.7 U9.9 111.3 110.0 rill.4 rllO.5 Ul.l 111.7 109.6 111.9 X07.2 106.0 68,974 94,673 67.522 89,587 73.249 100,247 89,462 107,064 64.333 M?3 888.961 63.187 81,491 68,979 95.349 84,330 100,995 979.766 45,116 927,888 37.227 1.143.786 53.518 1.774.725 70,514 825.730 32,338 770.103 25.302 943,861 34.109 -10,258 968,456 99.U8 13,420 m.795 14,745 118,308 1.045,876 81,245 11.903 169,402 736.347 35.0SQ 6,134 369.490 376,305 126,566 372,482 373.769 133.381 341,268 319.831 134,668 359.943 367.251 1U.759 297.461 71.933 73.988 302,672 67.916 68,872 258,424 62,802 65,226 261,484 65,927 65.699 8,925 215,995 68,773 10,980 206,064 73.699 11,936 224,453 69.466 6,846 210,276 59.257 8.333 7,273 1.894 5.608 8.577 7.892 2,457 ^.516 7.915 7.360 2.138 3.865 7,059 7,011 1,259 3,377 9.480 8,050 7.841 6,289 6,621 6,556 6,412 ^.373 827,234 882,880 875.124 840,463 871,47Q N 21,624 9.928 415 U9.7 21,805 10,243 428 121.7 21,953 10,030 125*4 21.954 9,590 402 125.6 21,958 9.558 401 110.5 60.4 17.9 r60.0 rl8.6 60.0 16.2 56.3 14.9 56.8 15.9 8.4 3.8 r7-7 2.9 7.0 3.1 6.9 2.3 8.7 2.1 • .number. •••do... do... do... newsprint, Canada: Product ion short tons. Shipments from mills do... Stocks, at mills, end of month ....do... newsprint, United States! Consumption by publishers do... Product ion..... do... Shipments from mills do... Stocks, end of month! At mills do... At publishers do... In transit to publishers do... RUBBER AND BUBBSR PRODUCTS firee and tubes: Pneumatic casings! Pr oduc t ion thousands. Shipment s do... Original equipment • ..do... Slocks, end of month do... Inner tubes! Production do... Shipments ...do... Stocks, end of month .do... TEXTILE PRODUCTS Cotton consumption bales. Cotton spindle activity: Active spindles. • thousands. Active spindls hours, total mil. of hours. Average per spindle in place hours. Operations... percent of capacity. fiayon! Consumption! filament yarn... mil. of l b . Staple fiber do... Stocks, producers', end of month! filament yarn do •.. Staple fiber .do... r/ Revised. 80.1 r83.4 89-9 103.1 92.6 89.6 89-7 384,520 400.763 110,323 302,994 73.498 70,997 11,426 212,724 64,985 7.093 5.731 4a