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SURVEY OF CURRENT BUSINESS
W E E K L Y SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC
COMMERCE
JUNE 6, 1947
AVAILABLE ONLY WITH SUBSCRIPTION TO SURVEY OF CURRENT BUSINESS
SELECTED
BUSINESS
INDICATORS
ELECTRIC POWER PRODUCTION BY UTILITIES
S T E E L INGOT PRODUCTION
(MLUONS Of NLOWMT HOURS)
11985- 3 9 - 100)
850
200
ISO
*iz /
MM NO* MATTCD * > /
\
E.r^y^'.
/
100
90
•^A
I I I I M I I i J I I-1 M I I I I I t I I I I I I I I I I I M I I J J L I j J U J . J J X.J..<J
- L L L L J i i 1 i i i . 1 i i i 1 i i i i 1 i i i 1 i i i 1 i i i i 1 i i i 1 i i i 1 i i i I..LL.UJ
CONSUMERS' PRICES
INDUSTRIAL PRODUCTION
0 S 5 S - 9 9 - 100)
(SEASONALLY A0JU8TE0, I93S-89»I00)
MONTHLY DATA
rooo^
1 " " ^ TOTAL
L JL..i.-J._J.J..1 JL . M M - I I
1944
1945
1946
WEEKLY
194?
BUSINESS
M
1945
1 M
M
1 1 M
1946
297;4
.360
2.75
May 21+ I
146.9
177-2
160.3
132.2
296.3
.361
2.69
277
May 17 I May 10
132-1
296.9
m
28,194
22,019
15.705
28,114
22,071
15.942
768
28.139
15.636
6.495
39.902
54,924
3M79
10,674
72
2.80
115*6
16.054
6.177
39.723
54.893
34,580
10,762
102
16.095
6.178
39.403
187- 0
2.80
113.2
2.137
4.663
96,651
5.025
188.4
891
386
146.7
176.3
161.1
131*7
299.7
q
273
73«
77.843
807
$35
10.859
88
2.79
113.8
2,162
4,616
83.201
5.008
184.7
888
387
1,140
757
28.190
22,230
l5
-S|
**f3
146.7
174.6
162.7
131.8
305.2
•353
2.67
279
l.97p
1.13*
785
28,134
22,205
JS
m
T.*«9
39.316
10,849
98
2.78
118.3
2.193
M53
94,756
5.005
177.6
884
383
5?!266
3^.745
10.943
70
2*78
117.9
4^640
101,690
4,951
189.0
883
393
June 1 I
May 25
110.7
137.2
111.0
104.1
193.0
.275
3.300
1.487
1,7ns
27.980
23,132
15.505
700
15,276
6,878
8:21
21
2.71
155.1
1.279
3.942
,020
.759
97.1
571
250
X
If Data do not always cover calendar weeks. 2/ See note in January 1, 1947 issue. $/ Thursday pricee. 4/ Daily average. 5/ Ho quotation. 6/ for description sse note in July 13, 1946 issue, jj Data are for U. S. and Canada and include passenger ears, commercial cars,
and trucks. 6/ Week ending June 7, 190.1.
• 1
1947
1946
1947
Kay 31
M „ . 1 1.1. I.I, ! | ( M
STATISTICS1
ITKM
Commodity prices, wholesale*
All commodities 2/
1926=100.
y a m products
»•.do....
food
do...
All other 2/
do...
28 commodities }J
August 1939=100.
Cotton, middling, 15/l6", 10 markets 4/
dol. per lb.
Wheat, Ho. 2, Hard Winter (Kansas City)
dol. per bu.,
Department store salee
1935-39-100.
Insured unemployment, total 6/
thous..]
State programs
do...
Veterans' programs
.
do...
Finance*
Currency in circulation 4/
mil. of dol.
federal Reeerve bank credit, total
do...
Member bank reserve balances
do...
Sxcess reserves, estimated
do...
federal Reserve reporting member banks in 101 cities:
Bank debits, total
do...
Hew York City
do...
Deposits, demand, adjusted
do...
Loans and Investments, total
do...
U. 8. Government obligations
do...
Commercial, Industrial and agricultural loans
do...
failures, commercial
number.
Bond yields (Moody's)
percent.
Stock prices (402 stocks)
1935~39xlOO.
Productions
Bituminous coal 4/
thoue. of snort tons.
Electric power, by utilities
mil. of kw-hr..|
Motor vehicles (Wards) Jj
number..)
Petroleum 4/
thous. of bbl.
Steel 8/
1935-39« 100.
freight car loadings, total
thous. of cars..|
Miscellaneous
do.
1 I I \ 1 M
1944
2
MONTHLY
BUSINESS
Surlier data are available in monthly issues of the Survey
and the 1942 Supplement
STATISTICS
1946
19*7
April
March
february
January
April
BUSINESS IBDKXSS
Industrial production (federal Beserve)i
Unadjusted, combined index
1935-39*100.
Manufactures
do...
Durable aanufactures
do. •.
Iron and steel
•
do...
Lumber and products
do...
furniture
do...
Lumber
do...
Machinery
do...
Nonferrous metals and products
*
do...
Smelting and refining
do...
Stone, d a y , and glass products
do...
Clay products
do...
Transportation equipment•'.
do...
Automobiles
do...
Honourable manufactures
do. •.
Ohemieals
do...
Industrial chemicals
do...
Leather and products
do...
Leather tanning
do...
Shoes
do...
Manufactured food products
do...
Meat packing
do...
Processed fruits and vegetables
do...
Printing and publishing
do...
Bobber products
do...
Textiles and products
do...
Cotton consumption
do.. •
Rayon deliveries
do.. •
Wool textile production
do...
Minerals
do...
fuels
do...
Anthracite
do...
Bituminous
do...
Crude petroleum
do • •.
Metals
do...
Adjusted, combined index 1/
do...
Manufactures
do...
Durable manufactures
do.. •
Lumber and products
do...
Lumber
do.. •
Nonferrous metals and products
do. • •
Smelting and refining
do...
Stone, clay, and glass products
do...
Clay products
do...
Nondurable manufactures
do...
Chemicals
do •..
Leather and products
do...
Leather tanning
do...
Manufactured food products
do...
Meat packing
do...
Processed fruits and vegetablee
do •..
Printing and publishing
do...
Minerals
do...
Metals
do...
COMMODITY PfilCJB
Consumers 1 price index (U. S. Department of Labor):
Combined index
1935-39*100.
Clothing
do...
food
:..do...
fuel, electricity, and ice
do...
Gas and electricity
do...
Other fuels and ice
do...
Bousefurnishings.
do...
Bent 2/
do...
Miscellaneous
do...
CONSTRUCTION AMD BEAL BSIATB
rl87
194
pl46
P235
140
166
126
r281
rl96
rl92
209
rl58
r237
rl9b
rl71
254
rU32
121
121
122
140
138
rtt
1*5
r239
$
IS
P138
PW3
plOl
P127
-8
P187
P195
p222
pl4l
•s
P198
p211
pl64
P173
(a)
P155
pl49
pl47
pl42
pl4l
(a)
270
172
rl43
rl53
163
153
r83
rl90
198
r22£
rl47
138
rl96
rl92
218
rl65
176
252
122
121
149
rl50
142
TlkS
118
185
193
219
191
118
276
203
188
205
155
233
190
171
254
429
123
127
120
140
f
32
260
177
141
150
107
162
150
63
189
197
222
147
137
203
188
s
185
192
218
192
126
161
107
276
203
183
208
156
229
181
172
252
3
U3
118
149
191
102
8
£
262
171
141
151
118
173
146
80
189
196
221
142
131
203
I83
219
168
177
176
253
119
118
157
159
112
161
163
157
140
146
122
117
'S
190
159
144
122
225
132
108
187
144
24 5
161
161
237
392
131
rll5
142
139
120
101
129
219
161
144
249
169
99
108
121
10
146
46
165
176
190
130
123
132
108
£
164
235
131
115
153
i
104
76
156.1
184.6
188.0
118.4
92.5
143-7
182.4
109.0
139.1
156.3
184.3
189.5
117.6
92.2
142.5
182.3
109.0
138.2
153.2
181.5
182.3
117.5
92.2
142.3
180.8
108.9
137.4
1530
179.0
I83.8
U7.3
91.9
142.1
179.1
108.8
137.1
131.1
15^.5
141.7
110.4
92.6
127.8
152.0
Talus of contracts awarded (federal Beserve indexes)*
Total, unadjusted*.
1923-25*100.
Besidential, unadjusted
do...
Total, adjusted
do...
Besidential, adjusted
do...
nPLOTMBNT CONDITIONS AMD saOSS
P151
Pl*5
P132
pl24
'133
rl3t)
132
r!29
131
135
151
152
120
119
146
144
194
201
170
172
Labor turn-over in manufacturing establishments<
Accession rate
monthly rate per 100 employeee.
Separation rate, total
do...
Discharges
do...
Lay-offs
do...
Quits
do...
Military and miscellaneous
do...
(a)
(a)
(a)
(a)
(a)
(a)
r5.0
r4.5
.4
.8
r3.2
.1
126.7
6.0
4.9
P.4
.4
1.4
P-?
•9
U.3
P3.^i
3.5
.2
!
.1
P.l
TJ Revised, p/ Preliminary, a/ Data not available. 1/ Indexes for which seasonal factors have been fixed at 100 are not shown; see unadjusted series. 2/ Data for 1947 •*• estimates based on a survey of rents in 5 cities in January and 6 in February, March, and April;
rente not surveyed in April 1946.
MONTHLY
BUSINESS
Earlier data are available in monthly iesuss of the Survey
and the 1942 Supplement
STATISTICS—Contimwd
1947
April
March
1946
February
I January
April
March
iMPLOTJUQil CONDITIONS HIDtfAG&S- Continued
Hour* and earning* (U. S. Department of Labor):
Average weekly houre per worker, all manufacturing..houre.
Durable goods induetriee
do. •,
nondurable goods induetriee
do...
Average weekly earnings, all manufacturing
dollars.
Durable goods induetriee
do...
Nondurable gootft induetriee
do...
Average hourly earnings, all manufacturing
do...
Durable goods industries
do...
Iron and eteel and their products
do...
Electrical machinery
do...
Machinery, except electrical
do...
Automobiles
do..,
Transportation equipment, except automobiles
do..,
Nonferrous metals and products
do...
Lumber and timber basic products
do...
furniture and finished lumber products
do...
Stone, clay, and glaee products
do..,
Nondurable goods industries
do...
Textile-mill products and other fiber mfrs
do..,
Apparel and other finished textile products
do...
Leather and leather products
do..,
food and kindred products
do...
Tobacco manufactures
do..,
Paper and allied products
do..,
Printing, publishing, etc
do...
Cnemleals ana allied products
do..
Products of petroleum ana coal
do..,
Kubber products
,
do..,
CHUilCALS AND ALLIED PBQDUCI3
Oils, fats, and by-products*
Animal, Including fi sn oil:
Animal fats:
Production
Stocks, end of month
Or eases)
Production
Stocks, end of month
Pish oils:
Production
Stocks, end of month
Vegetable oile, total:
Production, crude
Stocks, end of month:
Crude
Refined
Cottonseed oil, refined:
Production
Stocks, end of month
Lineeed oil:
Product ion
Stocks, end of month
Soybean oil:
Production: Crude
Befined
Stocks, end of month: Crude
.defined
p40.0
pUO.5
P39.4
P&7.44
S»
pi.186
»'%
(a)
(a)
(a)
(a)
(a)
U)
a
* • »
(a)
(a)
(a)
(a)
(a)
(a)
(a)
(a)
(a)
r40.4
r40.7
r40.2
r47-72
r50.3l
r44.94
rl.180
1.236
1.269
1.213
1.2*7
1.395
1.358
1.227
.987
I.030
1.144
rl.119
1.024
1.046
1.021
1.087
•939
1.111
1.445
1.177
1.408
1.331
40.4
r40.5
r40.4
l!o49
ri.oa
1.087
•937
rl.099
rl.415
rl.165
rl.382
rl.331
40.6
40.5
r40.7
r47.10
r4?.6o
r44.47
1.161
rl.224
rl.26l
rl.199
1.283
1.390
rl.356
rl.a7
r.962
rl.015
rl.125
rl.094
•970
1.037
rl.023
1.064
•938
rl.088
rl.381
1.143
1.372
J2!O|
1.170
1.229
rl.258
1.203
1.290
rl',365
rl.222
r.978
rl.022
rl.132
rl.107
40.5
40.4
40.6
42.88
!*5.7l
40.13
I.058
1.131
1.186
1.096
1.179
1.302
1*316
1.131
.856
l!004
.988
•928
•952
%
1.248
1.045
1-332
1.232
rt.330
40'i
40.9
42.15
U4.79
39.83
I.035
I.103
1.169
1.036
1.172
1.264
1.264
1.113
.848
•888
.985
.975
£
.917
•9U3
.830
.957
1.235
1.033
1.307
1.138
230.U70
339,877
221,840
286,602
262,265
307.692
303.997
307.6?3
do...
do..
46.735
69.9«3
44,586
64,305
47.484
67.138
52.591
72.871
47.908
96.189
49.360
92.996
do...
do..
1.577
66,335
777
79.211
1,260
102,400
1,646
W7.320
60,842
648
73.676
do..
355.615
r382,293
39L599
442,935
287.492
318.172
do..
do..
440,227
353.240
r556.255
P3H.225
550.222
304,002
533.5?3
278.950
6p3.76l
543.716
SB
do..
do..
71,126
207,411
83.789
191.326
103.872
182,808
113.015
170,239
r70,050
r394f883
405.976
do..
do..
25,350
13L769
31,401
125,060
30.499
136,681
3M23
140,898
do..
do..
do..,
do • .
141,425
115.877
89.238
91.374
rl45,013
121,389
r94,053
P73.993
141,115
120,867
12f
"
97.226
9'
76,995
13J.55*
Electric power, product ion, total
mil • of kw. hr,
Utilities
do..
Industrial establishmente
•
do..
POODSTIMTS AND TOaACOO
24,652
20,504
4,148
25.544
21,246
4,298
7.435
7.029
9.399
6.836
6.277
9.325
5.5JJ3
27.456
8.650
506,031
thous. of lb.
do...
x
*
251
$
208.385
264,817
40,622
138,748
126,298
97.712
70.131
125.990
112.155
I53.O79
U4.637
13*.747
U9.199
150,589
110,079
23.698
19.616
4,083
4.321
21.265
17,477
3.787
21.675
17.800
3.875
5.761
6.8?0
9.067
5.965
5
9M3*
5.664
5.728
8,148
5.485
5.618
8,463
32.757
12.979
492,466
34.541
10,070
10 —
473, .163
38.437
12,498
454,426
19.719
10,672
417.419
20,912
11.182
410,226
17.123
4,449
449,351
19.272
4.557
437.770
21,462
4,640
423,841
24,583
5.952
408,517
12,549
5.262
370.268
364,016
9,342
8.675
IO.635
9,621
11,164
10,170
13.829
12,528
P13.890
10,924
13,582
10,876
115.895
117.560
rll0,480
r!00,6l0
91.720
77.110
97.785
74.275
r91,494
r94,300
76,
78,1
SLECT&IC POWSE
fermented malt liquors:
Production
thous. of bbl
Tax-paid withdrawals
do..
Stocks, end of month
do..
Distilled spirits:
Production
thous. of tax gal.
Tax-paid withdrawals
do..
Stocks, end of month.
do..
Whisky*
Production
do..
Tax-paid withdrawals
do..
Stocks, end of month
do..
Acetified epirite and wines, production, total
thous. of proof gal
Whisky
do..
Dairy products, production:
Butter, creamery (factory)
thous. of lb
Cheeee, total (factory)
do..
vj Hevised. jj Preliminary,
a/-Data not available.
12,856
MONTHLY
B U S I N E S S ST A T I S T I C S — Continued
Earlier data are available la monthly issues of the Surrey
and the 1JA2 Supplement
1946
19*7
April
March
february
I January
April
March
BQODSfUPf8 AID SOBAOOO - Continued
Dairy product*a production - Continued.
Gondenced aad evaporated milk*
Condensed (sweetened)*
Balk goods
Oaas goods
.
fivaporated (unsweetened), oaaa good*
Dried skim milk, total
for human consumption.
Coffee, visible supply
47.470
6,620
thoue. of 11)..
do...
do...
do...
do...
thous. of bag*.
70,290
11,750
321,200
75.^50
73.100
1.357
of pairs.
Boot aad she* production, total.
do...
Government shoes
do...
OlTlliaa shoes, total
do...
Athletic
Dress aad work, including play shoes, etc.*
.do.
Leather uppers, total
.do.
Boys' aad youths1
.do.
Infants1
1
1
.do.
Hisses and children s
•do.
Men's.
•do.
Women's
.do.
Part leather aad aoaleather uppers.
MBKaLB AID MAVDfACTOBBS
Iron o r s (lake Superior d i s t r i o t ) *
Consumption by furaaoes
thous. of long tons..
Stocks, e a d o f aoath, t o t a l
do....
At furaaoes
.do....
Oa Lake Brie docks
do....
Pig iron, production
thous. of short tons..
Vouadry saulpmoatt
lev orders, aet, total
1937-39*100..
lev equipment
do....
lepairs
•
do....
PAPBR AND PBUMBG
(a>
(a)
(a)
(a)
U0.361
(a)
(a)
35.625
1.505
2,872
M09
9.067
17.372
2.076
UAnsa AID PBODWIS
Paper, excluding building paper, newsprint aad paperboard
(American Paper aad Pulp Association))
Orders, new
short tons..
Production.
do...
Shipments
do...
f i a e paperi
Orders, new
d o . . •.
Production
do...
Shipments
do....
Stocks, end of aoath
do....
Printing paperi
Orders, new
do....
Production
do....
Shipaeate
do....
8toeks, end of aoath.
i...do...
Wrapping paper!
Orders, new
do...
Production
do....
Shipments
do...
Stocks, end of aoath
do...
PSKHOUBOM AMD COAL PBODUCSS
Crude petroleums
Consumption (runs to stills)
thous. of bbl.
Production
do...
Stocks, sad of aoath*
Befinable la U. 8
do...
Heavy in California
do...
Befiaed petroleum products*
Oaa aad fuel oils*
Production*
vae oil aad dietillate fuel oil
do...
Besidual fuel oil
do...
Stocks, end of aoath*
Gas oil aad distillate fuel oil
do...
Besidual fuel oil
do...
Motor fuel*
Productioa, total
do...
Gasoline and naphtha from crude petroleum 2/
do...
Batumi gaeollae aad allied products
do...
Stocks, gaeoliae, ead of month*
finished gaeoliae
do •..
Unfinished gaeoliae
do. •.
letural gaeoliae
do...
Lubricants*
Production
do...
Stocks, refinery, end of month
do...
{*>
(a)
(a)
(a)
(a)
270,800
68,800
32.005
7.100
210,200
51.160
66,600
1.335
1:21?
29.975
7.9«>
206,300
46,080
45,130
1.385
73.155
10,190
297.U00
71.390
69.750
1.964
52,160
10,025
235,200
57.380
*9.*37
*7.955
427
40.3*1
352
*7.528
676
36.669
%&
5.066
9.363
16,965
5,87b
5.123
6,264
2*.317
20,938
3.379
4,550
7.024
30.5XU
26.7U4
3.770
5.087
573-8
532.3
709.5
521.9
472.5
662.9
82.1
689.452
710,103
706,190
*74i,737
r732,800
r723.596
99.677
105.»*03
103,800
r US,410
r106.484
r105,280
r47.649
6.579
13.555
ll,73«
1,616
6,979
17.MI
M30
512.1
445*9
727-9
2)044
35.U83
1.807
J.248
4,904
8.95*
16.571
5.671
6,0a
27.601
24,100
665.O
U.769
23.079
20,060
3.019
3.614
701.2
779.8
427-7
r671,294
r666,630
r667,801
r809,564
728,303
r726,5H
682,491
666,108
665,605
700,693
681,001
682,398
r93.388
r97.608
r98,095
r47,596
114,900
105,100
107.504
*7.939
107.677
9*i.770
91,840
56.3*9
104,902
92,218
96,129
53.721
r235.764
r230,039
r226,676
r60,440
31H.706
252.360
r250,429
57.113
227.671
226,978
228,219
56.93*
23*.395
227.104
223.972
58,298
253.5*0
258,110
r249,396
r249,479
279.440
272.357
247,243
247,098
"B:9B
tiH
4>24
536.6
576.7
351.8
150,120
152,160
13M53
13^.693
1*6,897
144,800
139.884
140,196
144,488
136,835
(a)
(a)
228,981
5.999
225.ia
5.790
223,848
5.584
222,480
*.533
221,400
*.528
(a)
(a)
25.577
37.876
a,746
3^390
24,131
r36,390
23.181
37.U07
25.298
37.596
8
31.423
37.403
36.901
38.480
46,197
41,550
32,064
35.206
29.922
32,995
66,701
59.069
11.033
6o,485
553
9
r65,904
58,560
rlO,651
61,899
5*.295
9.563
96,727
6.727
5.265
9^.985
8,687
5.010
90,300
6l,l60
53.789
9.223
90,444
8,300
6,982
4,480
8.015
3.925
7.753
(a)
(a)
i:iS
AS
95.186
6,*656
3.786
7.951
3.693
4,204
7.852
7.773
xj Revised, a/ Data not available. 1/ Mot reported separately; data included with civilian shoes. 2/ Combined total of data formerly
shown a s cracked aad straight run gaeoliae.
@FedFRASER