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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE OFFICE OF BUSINESS ECONOMICS Avgjjobj^oniy with subscription to the monthly magazine SURVEY OF CURRENT BUSINESS JUNE 27, 1952 SELECTED BUSINESS INDICATORS I93S-IS39 « IOO 30O BILLIONS OF KILOWATT-HOURS 9,0 STEEL PRODUCTION (Ingots and Stoel for Castings) ELEaRIC - POWER PRODUCTION BY UTSLiTiES 250 200 10© Lx 1S47- SS49 * iOO 160 j M^jFACfuiiNG EM^OYMENT" and PAYROLLS I 40 L. PRODUCTION -WORKER PAYROLLS 140 !00 80 I95O 1951 1952 1949 1952 1951 1950 1 WEEKLY BUSINESS STATISTICS 1951 June 16 1952 June 23 May 24 May 31 June .14 June 21 109.7 109.2 112.4 293.3 .401 2.40 m 111.0 109.3 112.4 293.5 .407 2.34 "HI.? 107.3 108.6 112.5 293.3 .410 2.30 28 840 June 7 Cosaaodity pricesf wholesale ( revised)? **U1.6 **108.1 **108.6 Cotton, middling, 15/16W, 10 markets ^/.......dol. per lb«. Wheat, No. 2, hard winter (Kansas City) j-1/....dol. per bu.. 351*8 £36 106 Insured tmasaployinant , total . . . . . . . . . . .. . . . . . . *...o... . thous . . 966 950 Finance: 27,517 23,783 19,487 1,070 Federal Reserve reporting member banks in leading cities s 24.439 9,562 51,133 69,492 30,555 Commercial, industrial, and agr. loans (gross)... do.... 19,085 130 Bond yields, domestic corporate (Moody1 s) ^••••••••P^rceirU* 3.14 Stock prices, 480 stocks (standard and Poor* a).. 193 5-39=0.00.. 171.9 187.1 ^reduction s 1,704 6,747 147,355 6,108 231.1 827 395 I/ Data do not always cover calendar weeks. 2/ Thursday prices0 for Jim© 1951. ** Monthly index for May 1952. 348.9 .453 2.35 92 939 924 297.7 .387 2.44 105 1,078 1,057 297.2 .390 2.43 97 1,057 1,036 27,502 24,150 19,482 840 28,511 23,794 20,127 941 28,699 23,742 19,667 439 28 842 24^079 19,906 724 19,978 802 30,793 12,255 50,875 70,434 31,186 19,216 180 3.18 173.9 18906 29,688 11,913 52,170 73,365 31,577 20,636 145 3.16 183.9 199.4 27,899 11,476 52,863 73,846 31,719 20,530 136 3.16 184.4 199.8 24,595 10,507 52,516 73,725 31,903 20,424 120 3.16 185.0 200.3 25f 693 10,389 53,202 73,956 32,060 20,518 175 3.16 187.4 203.9 1,817 6,835 149,797 1,492 7,146 117,783 1,555 6,811 98,114 231.1 833 394 238.9 762 370 1*264 7,005 117,814 5,989 90.0 68Z. 338 234.3 697 337 1 2A.128 28,792 24,828 21,232 1.564 U.314 151 3.17 188.1 204.8 7,126 120,114 119,769 os* / 28 2 '&? ' Daily averages. lj Week ending June 28, 2802. * Monthly index MONTHLY BUSINESS STATISTICS Earlier data are available in monthly issues of the Survey and the 1951 Statistical Supplement 1951 April 1952 May February March April May COMMODITY PRICES 184.6 203.6 225.7 188.3 2Q4.1 21408 272.6 144.0 96.9 205.0 211.8 135.1 164.6 1B5.4 204.0 227.4 1B8.2 203.5 221.6 272.8 143.6 97.3 202.4 212.6 135.4 165.0 187.9 204.3 227.5 190.9 217.0 223.5 271.1 145.3 97.9 206.7 208.6 140.2 170.2 188.0 203.5 227.6 191.2 215.7 232.1 267.7 145.3 97.9 206.8 207.6 140.5 170.7 188.7 202.7 230*0 191.1 212.6 247.2 266.7 145*3 98.0 206.1 206.2 140.8 171.1 1/189.0 202.3 230.8 193.8 210.6 253.8 266.0 3/i4.f 98.2 203.1 205.4 141.3 171.4 49,498 1,374,991 Building g total* •• ••••••••••*•«*••••••••••• ......do.... 1,108,869 Engineering construction (E.H.R.): 2/ ..........do.... 1,043,434 Construction cost indexes (Engineering News-Record): $/ 401.1 542.9 52,700 2,572,961 2,295,002 1,267,995 33,767 885,206 697,842 788,429 45,041 1,321,254 1,055,993 1,042,851 50,097 1,597,517 1,243,870 1,180,340 53,709 1,593,660 1,246,618 1,434,000 400.8 542.7 407.2 550.6 r407.9 554.1 410.4 557.1 412.5 561.7 311,771 95,175 216,5% 328,424 100,408 228,017 246,182 67,879 178,303 279,095 79,273 199,822 332,482 93.423 239,059 368,073 101,381 266,692 45,998 15,955 911 2,471 4,132 9,627 1,865 4,745 6,292 13,108 7.445 30 752 317 483 1.161 46,226 15,853 915 2,598 4,137 9,683 1.874 4,789 6,377 12,993 7,406 32 764 301 484 1.162 r45,899 r!5,859 r902 r2,308 r4,lll r9.64.3 1,919 r4,667 6.A90 r!2,820 r7,306 55 r668 2% r447 1,160 r45,983 r!5,858 899 r2,300 r4,119 r9 660 1 936 r4,683 6,528 r!2,807 r7,310 56 r670 2% r449 rl.154 r46,249 r!5 769 r897 r2.4l6 r4,106 r9 811 rl 951 r4,748 6,551 p46,234 n!5.6o9 u891 p2,498 ftt.136 D9»7S/L Dl.957 P4.787 t)6.602 p!2,559 tf7 251 P58 p648 n285 B452 859 1,239 718 1.243 221 422 5,663 1,085 76 1.214 1,047 427 510 538 194 219 353 850 1.242 707 1,233 r807 1,277 r723 rl,263 r234 381 i»5 /97 rl,056 78 rl,31J? rl,049 r403 508 r538 194 216 343 r807 1.27A r714 rl.283 409 5,587 1,099 74 1,206 998 424 510 531 194 220 331 r807 1,281 r727 rl,251 r233 r381 5. 514. rl,060 80 rl.123 1,052 r404 r507 r538 193 215 342 106.0 107.1 105.0 106.8 r!03.6 r!03.8 r!03. 5 r!03.7 r!02.8 r!03.8 129.5 128.1 r!31.0 r!31.4 127*8 41.0 42.0 39.7 64.70 69.68 58.16 1.578 1.659 1.662 1.424 40.7 a .8 39»3 64.55 69*60 57.93 1.586 1.665 1.677 1*439 40.7 41.7 r3^.5 66.91 72 1^ r60 12 1.644 1.731 rl.762 rl.456 40.6 41.6 3Q*3 67,19 r39.S r40.B 38*5 r65.$3 r71#03 r58.91 rl.654 rl.741 rl.778 rl.502 CONSTRUCTION AND REAL ESTATE Contract awards: 37 States (F. W. Dodge Corp.)t DOMESTIC TRADE Mail-order and store salts, total, 2 eompanies.thous.of dol«. EMPLOYMENT AND WAGES Employees in nonagr. establishments, total, unadj. thousands.. Production workers in manufacturing industries, total. .do.... Lumber and wood products (except furniture)........ do.... Fabricated metal products (except ordnance, machinery, Apparel and other finished textile products do.... Printing, publishing, and allied industries........ do.... Manufacturing production-worker employment index: Unadjusted (U. S. Department of Labor) 1947-49^=100.. 222 r!2,712 r7 31£ 57 r676 r291 r451 rl,146 r235 r3£n r5 398 rl,057 77 rl,091 r993 r399 r506 r530 197 r213 335 Til .1/5 P794 TxL.257 j#05 nl.306 «231 n373 T>5 308 ul. 059 * ' r , P?6 Dl.078 P950 p3% F-' 7 P506 D518 tO86 p214 p325 7 pl01*5 pl03,,2 Manufacturing production-worker payroll index, unadjusted Hours and earnings s Average weekly hours per worker, all manufacturing.. hours.. Average hourly earnings, all manufacturing.* «...do...« lumber and wood products (except furniture) ......do.... 72. 11 60 09 1.655 1 _7// rl.781 rl.474 MO*O p40^S P38.S p66*32 p71.ll P59.60 pl.658 pi. 743 pl.788 pl.465 r/ Revised. £/ Preliminary. I/ Index on old base for May 1^52 is 190*4. 3/ Data for May 1951 and 1952 are for 5 weeks? other months, 4 weeks* y Data reported at beginning of each month are shown here for the previous month. MONTHLY BUSINESS STATISTICS —Continued Earlier data are available in monthly issues of the Survey and the 1951 Statistical Supplement 1952 1951 April May February March April May EMPLOYMENT AND WkGES - Continued Hours and earnings - Continued Average hourly earnings - Continued Durable-goods industries - Continued Furniture and fixtures•••••*••••••••••••••••••dollars•• Stone, clay, and glass products......••.••.••«...do.... Primary metal industries do.... Fabricated metal products (except ordnance, machinery, and transportation equipment).............dollars•• Machinery (except electrical) ......do.... Electrical machinery* ......* do.•.« Transportation equipment .do..., Instruments and related products,•..,,,,...*,...*do*.»* Miscellaneous manufacturing industries...... do.*.* Nondurable-goods industries .do.... Food and kindred products**.* ............do.... Tobacco manufactures .do. *.. Textile-mill products............................do.... Apparel and other finished textile products......do.... Paper and allied products*.......................do.... Printing, publishing, and allied Industries......do.... Chemicals and allied products**** «• .do.,.. Products of petroleum and coal*••••*••••*•«•••...do..«• Rubber products*..................................do.*.* Leather and leather products .........do.... 1.386 1.546 1.798 1.393 1.554 1.799 rl.452 rl.59l rl.470 rl.601 rl.847 rl.466 rl.602 rl.830 pl.468 pl*604 pl.840 1.655 1.749 1.588 1.829 1.613 1.405 1.465 1.448 1.157 1.325 1.232 1.519 1.94B 1.623 1.974 1.649 1.278 1.655 1.750 1.604 1.833 1.626 1.410 1.474 1.452 1.161 1.324 1.234 1.519 1.955 1.634 1.988 1.660 1.282 rl.705 rl.711 1.841 rl.694 rl.937 rl.716 rl.479 1.529 rl.543 rl.198 1.347 rl.287 rl.581 r2.Q41 rl.675 r2.014 rl.808 rl.302 rl.709 Pl.719 pl.840 pl.695 pl.924 pl.727 pl.496 pl.536 Pl.536 pl.195 pl.347 pl.241 pl.587 P2.058 pl.710 P2.023 pl.779 pl.319 3,289 2,626 54 2,423 690 4,007 253 2,160 4.039 3,146 53 3,074 747 4,517 163 2,3% 6,194 5,258 805 5,105 342 3,155 10,800 9,886 U 9,816 825 5,704 689 3,425 117.8 117.4 116.5 1,370 Exports, including reexports. total I/,.... .»H. of dol.* Exports of U. S. merchandise. totaJL J./ •«*•«.»«••••«««o.do.*• * 1,353 By economic classes: Crude materials. *. thous. of dol.. 228,512 Crude foodstuffs*«,.«.««•«.*•..*...••«..•.»»..».»(....do*• • • 163,562 Manufactured foodstuffs and beverages*.............do**** 83,412 134,549 Semimanufactures.,,........* **•« do.... Finished manufactures*••••..•«.*«•.**.••..«*•«•«••.do..,. 743,804 By principal commodities: Agricultural products, total... «• .do.... 419,984 Cotton, unmanufactured .».» ,.*....do.... 117,761 Grains and preparations,...............«...»».,..«do.»». 177,297 29,339 Peking-house products*,.»**,«..**......*.« do,*.* Nonagricultural products, total...,.»«.*.**.*.••«..do..,. 932,854 110,488 Automobiles, parts, and accessories I/**»«.,.,.«.do»*«. 82,929 Chemicals and related products 3/*«*«*.••»»**.*,*do*»«« Iron and steel-nil! products*.»..«.......o.......do.«.. 43,125 r227,409 Machinery I/ .*«,.».»«»*,».*,«*,«* ..do.... Tractors, parts, and accessories*«««**.«.«**&*»do«..» 31,765 Electrical. .*» •*•*.. »«*«*. **«..»••..» .do*.«• 48,131 ftetroleum and products.,.*.«»,.*«.»««..........••do.... 58,584 79,036 Textiles and manufactures,**,<..,.».««•.•,, ««.««.»do.*»* 1,354 1,340 1.841 1,828 rl.681 rl.9U rl.703 rl.475 1.522 rl.529 rl.lB4 rl.346 rl.2% rl.570 r2.022 rl.662 2.012 rl.810 rl.297 1.836 rl.695 rl.930 rl.708 rl.475 rl.530 1.546 rl.195 rl.3U rl.246 rl.579 r.2045 rl.685 P2.028 rl.801 rl.306 FINANCE Federal Government finance: Receipts, Treasury, total mil* of dol,* Receipts, net,*.* do.,.. Customs....... ................................do.... Income and employment taxes******** ...........do.... Miscellaneous internal revenue...*•*«• * do,*.. Expenditures, total.. •••*..«.•*.,...do.... Interest on debt******.......................«.»...do.... National defense and related activities*•••.•••••••do.,,. Bonds, price (Standard and Poor's Corporation): Industrial, utility, and railroad (A1+ issues): Composite (17 bonds).....» dol. per $100 bond.,* 5,187 47 4,186 849 6,016 350 3,775 4,688 3,809 45 3,663 828 5,659 172 3,791 115.9 116.2 116.3 rl,329 1,317 1,416 1,403 1,331 1,322 203,953 137,880 71,443 142,617 784,215 228,045 129,265 74,126 138,742 746,658 188,112 175,216 63,892 159,901 815,686 157,558 135,4% 56,354 160,5?4 811,7B8 354,602 93,532 138,191 26,797 985,505 110,500 86,146 50,191 220,758 28,508 50,247 65,061 75,645 377,502 132,039 U5,609 26,936 939,333 100,542 78,617 63,080 240,606 49,358 64,207 59,888 370,668 94,236 181,897 23,498 1,032,138 109,743 80,104 78,910 262,594 34,684 52,507 71,264 69,462 292,601 73,752 U2,676 16,303 1,029,167 104,293 68,192 72,864. 238,841 30,698 51,282 74,343 57,290 1,017,662 945,753 892,267 901,031 962,529 971,630 931,800 935,067 297,658 171,156 91,544 221.239 164,156 269,834 207,047 75,511 186,323 162,316 300,122 193,305 92,7U 216,172 169,317 293,286 172,612 91,061 205,582 172,527 452,405 100,701 52,026 33,985 84,690 493,347 57,425 38,598 43,525 52,425 439,207 153,943 73,82} 29,394 33,648 461,623 75,677 31,727 43,246 53,717 434,935 138,108 80,730 43,382 33,850 536,6% 132,573 29,326 44,960 55,321 408,335 115,485 75,927 41,832 37,711 526,732 129,090 24,649 45,587 59,250 5,553 43 4,323 FOREIGN TRADE General imports, total*...*••...«•«•,.•*•*« ,...do,**» 1,032,997 966,008 Imports for consumption, total * •••»*«•*.,do,*.» By economic classes: 337,649 Crude materials.».«••,*,*« ,.»««««•»*.«,,.«.,*do,,,« 159,590 Crude foodstuffs*.•••*••*«•*•• *«,.,, «,...do,..* 89,546 Manufactured foodstuffs and beverages..... do,..« Seidmftftttf&etiares, «.«**..»»••««....•»« ••••••do*,** 216,041 Finished manufactures..............................do.... 163,183 By principal commodities: 479,068 Agricultural products, total do.... Coffee***,* ..... * ....do.... 96,645 Rubber, crude, Including guayule... ........do...* 73,232 Sugar................ .......do.... 39,717 Wool and mohair. unmanufactured.,................do.... 105,037 HonAgrlcultural products, total....... do.... 486,940 NonferrouB ores, metals, and Manufactures.. do..*. 69,182 Ifeper base stocks do.... 29,240 newsprint..........,,...,*,,,....,.. do.,., 39,356 flrtroleum and products. do..,. 51,428 £/ Revised. £/ Preliminary. I/ See note on corresponding Item In the June 1952 Survey. 29,840 MONTHLY BUSINESS STATISTICS —Continued lc51 Earlier data are available in monthly issues of the Survey and the 1951 Statistical Supplement April IS >52 May February March April May LEATHER AND PRODUCTS Shoes , sandals $ and play sho^s, exe0 athletic, total«dn»«« e 39,635 35*412 9,340 1-025 17,807 <4,29& 2,946 3,636 299 288 38,303 34,152 9 7// 1,201 15,934. 4,282 2,991 3,566 255 330 42,518 39,13^ & *m 1,371 ^0,365 5,667 3*189 2,851 23^ 301 43, 967 40.142 rt 5TL 1,374 21,191 5,785 3,261 3,277 223 325 43,082 38,879 8 613 1,369 20,363 5.292 3,242 3,647 216 340 447, 551 443,288 146, 805 485,723 486,340 246,183 457,835 441,149 34/^640 476,492 453,162 166,970 471,235 468,018 170,187 495,972 492,478 173,681 410,723 39,136 90,988 403,233 96,688 93,690 348*630 94,7*59 %,%? 399,258 99,633 98,6% ^93,470 94,767 94,250 404,071 103,440 103,783 6,959 3215 ^50 9,957 332 601 % 522 /7« «no %5*227 8 3?, 561 r21,163 3^9,941 r!2,51! r507 i<6llf?55 r\37 ELPEB AND PRINTING Newsprint, Canada (including Newfoundland )s Newsprint, United States s Stocks, end of months 7,5T> S,%9 8,A52 8,626 /.«?? 6°" 7 /An /7« LJ.2. 739 87 887 72 A7*5 79 028 768fS89 736,535 ft/, 7 ,/,/,/, 686,697 r21,777 r20, 522 rlO,365 r532 r9,732 144 21,126 19f8$4 9,265 471 8,696 127 21,159 19,88*? 9,040 45? 8,478 122 20,910 29,613 10,607 424 9,948 H5 20,834 19,513 8,110 416 7,532 112 42,940 12,270 33,724 7,200 24,7% 9,720 r23,924 r9,252 30,760 10,985 124 2,258 21 340 2,200 25 139 1,735 18 r!47 r1,592 19 136 1,5% 13 l/j# 73 1?0 126 50 128 51 117 48 73,268 74,786 121 r67,953 72*644 64,282 71,005 120 QH 0*ft 09 7^j_ TEXTILE PRODUCTS Cotton i I/ Manufactures,, spindle activity (cotton system 3pindJ.es): Active spindles, last working day? to tal.,***, thousands .» Spindle hotars operated , all fibers, total. »* .mil* of hr«* Wool ^ I/ Consumption (scoured basis): Machinery activity (weekly average): Loons s Woolen and worsteds Carpet and rug: 64 Spinning spindles : 76,926 111,730 200 Revisede 75,376 104,316 L_ "5 I/ Data for April 1951 and 195?- are for 5 weeks f othe^ months, 4 weeks. UNITED STATES GOVERNMENT PRINTING OFFICK DIVISION OF PUBLIC DOCUMENTS 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 n9
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