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SURVEY OF C U R R E N T BUSINESS
W E E K L Y SUPPLEMENT
UNITED STATES D E P A R T M E N T O F C O M M E R C E
BUREAU OF FOREIGN AND DOMESTIC

COMMERCE

AVAILABLE ONLY WITH SUBSCRIPTION TO SURVEY Of CURREUT BUSINESS

SELECTED

JUNE 9, 1950

BUSINESS

INDICATORS
ELECTRIC POWER PRODUCTION BY UTILITIES

STEEL INGOT PRODUCTION
(1935-39-100)

(BILLIONS OF KILOWATT-HOURS)
WEEKLY OATA

1950

?SJ?**£zKf\

t^zzsM**?
JJUJLkJJLlJJuXXXJUJ,

J U U O J UUJL±JJLU
OJJ.

SALES OF RETAIL STORES

PERSONAL INCOME
(BILLIONS OF DOLLARS, SEASONALLY ADJUSTED, AT ANNUAL RATES)

(BILLIONS OF OQLLARS-SEASONALLV ADJUSTED)

WEEKLY

L i ' ,1 »JJU I J, M l I J J ! I l l I I,

BUSINESS

STATISTICS

1949
ITEM
Commodity p r i c e s * w h o l e s a l e :
A l l commodities
:.
. . . . .192^100,
f arm product*.
....
do...
food
.do..,
All other
.
-do. .
28 commodities.2/..
..Asagust 1939*100,
H
Cotton middling, 15/l6 , 10 markets 2l
„ .dol. p&r lb.
iAieat, Ho. 2, hard winter (Kansas Oity)
. . . d o l . ppr bu
£epar tiffed store s a l e s . . .
.
193fr 39*100
Insured unemployment, total
»
thous.
State programs
*
•••
do..
1
Veteran® programs
do..
financeJ
Currency in circulation 2/ •••••- •*!• <** dol
Federal Reserve bank credit, total
do. •
Member bank reserve balances.
.do..
Excess reserves, estimated
do.•,
federal Reserve reporting member banks in leading eitie#s
Bank debits, total.
mil. of dol
Hew York City
«...do...
Deposits, demand, adjusted
.
do..
Loans and investments, t o t a l
.do. «
U. S. Government obligations.
.do..
Commercial, industrial, and agr. loans ( g r o s s ) . . . . . d o . .
f a i l u r e s , industrial and commercial
.
.number
Bond y i e l d s , domestic corporate (Moody's) 2/
....percent
Stock prices, 4l6 stocks (Standard and Poor's)
1935"39«100
Industrials, 365 stocks
.
:•. .do.•
Production:
Bituminous coal 3 / •
thous. of short tons
Electric power, by u t i l i t i e s
.mil. of kw-hr
Motor vehicles (Ward1 s)
number
Petroleum, crude 2l.
thous. of bbl
Steel 4/
1939-39^100
freight carloadings, total
thous. of cars
Miscellaneous
do..

1/ Data do not always cover calendar weeks. 2/ Thursday pric e s .


May 28

1950
June 4

156.O
172.8
165.I
146.5
241.8
.326
2.23
275
2,608
2,015
519

156.2
173.1
165.8
146.0
235.8
.325
1.99

27,*09

27,5p9
20,1^5
18,076
788

20,048

18,027
722
19,479
7,922
*6,383
62,281
3*.1*5
13,628
206
2*99
115.9
121.3
1.895
5,270
111,285
*,897
194-3
785
3*0

2,648
2,048

526

18,120

*5S
68.336

May 6

May 13
155.1
I62.9
158.7
147.2
259.0
.326
2.32

15**5
162.7
158.8
146.7
253.3
.326
2.32
301
1,892
1,792
39
27,074
18,192
15,986
75*

27,059
17*978
15.907
764

23,846
10,193
46,928
66,53*
35,916
13,420
199
2.85
144.7
153 •*
1,803
5,872
139,*92
4,988
214.0
744
356

a , 265
9.219
46,881
66,401
35,*?9
13.365
'217
2.85
145.3
15**3
1,662
5.86*
167,282
5.042
213.8
712
338

308

May 20

May 27

I55.9
164*7
160.5
147.5
259.8
.329
2.30
275

156.I
165.3
160.7
147.6
263.5
•333
2.26

26,987
18,001
16,123

26,948
17,683
15,922
633

June 3
156.8
167.5
161.5
147.6
266.8
.337
2.25

283

1,83*
1,737
37

883
22,856

*£,933
3**?3§
66,689
13,*7?
36,251
165
13,377
3.00
199
113.1
2.86
118.1
147.1
1,868
156.3
5,018
1,602
91,955
5,845
4,889
167.OJ5
I89.6
5.042
699
216.3
302
7*3
2/ ^aily averages. 4 / Week ending June 10, 216^3.
357

22,528
9,23*
*7,398
66,986
36,39*
13,359
214
2.86
148.4
157.9
1,700
5.89*
179,063
5.041
217.4
781
374

27,084

17,935
15,814
528
7,*21

l6S
2.86
148.8
158.4

139,061
' 'a6*.7

MONTHLY

BUSINESS

Earlier data are available in monthly issues of the Survey
and the 1949 Statistical Supplement

STATISTICS

19U9
April

1950

May

February

March

April

GENERAL BUSINESS INDICATORS
Personal income, seasonally adjusted, at annual rates:
Total personal income
M l . of dol.
Wage and salary receipts, total
do...
Smployer disbursements, total.
.do...
Coamodity-prodaciag industries
.do...
Distributive industries
.do...
Service industries
.do...
Government
; .do...
Less employee contributions for social insurance, .do...
Other labor income.
.do...
Proprietors' and rental income
do...
Personal interest income and dividends
do...
Total transfer payments
do...
Total nonagricultural income
do.. •
farm income and marketings:
Cash receipts from farming, including Government payments,
total
mil• of dol.
Prom marketings and CCC loans, total
do...
Crops
do...
Livestock and products, total
do...
Dairy products
do...
Meat animals
do...
Poultry and eggs
do...
Indexes of cash receipts from marketings and CCC loans,
unadjusted:
All commodities
1935-39-100.
Crops
do...
Livestock and products
do...
Indexes of volume of farm marketings, unadjusted:
All commodities
do...
Crops
do...
Livestock and products
do...

210.5
136.0
57 A
1*0.7
17.3
20.6

210.2
133-7
135.9
57.0
U0.9
17.4
20.6

2.1
2.1

2.2
2.1

U5.0
12.4
191.s

45.2
17.0
12.3
191.4

1.850
1.823

1.944
1.915

133.9

17.1

Crops
Pood grain
Peed grain and hay
Tobacco
Cotton
Pruit
Truck crops
Oil-bearing crops
Livestock and products
Meat animals
Dairy products
Poultry and eggs
Prices paid:

i

1.674
1,642
478
1,164
315
639
200

pl.591*
pi,108
P313
P579
p202

268

247
167
307

p232
P153
P293
pl04
P59
Pl39

56.5
39.9
17.8
21.6
2.7
2.2
44.1
17.6
22.1
202.7
( 6l4

,596
581

592

639
1.276

326
623
265

361
627
259

•a

275
209
325

288
224
337

240

111*

123
89
149

109
92
123

112
72
142

253
235

237
215
219
171
389
231
186
203

237
215
224
Hh
389
236

81
140

1910-14=100.

256

do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...

23l*

All commodities
do...
Commodities used in living
do...
Commodities used in production
do...
All commodities, interest, taxes, and wage rates
do...
Parity ratio (prices rec'd to prices paid by farmers)...do...

216.9
136.6
WO
59.U
40.5
17.8
21.6
2.7
2.4
42.8
18.1
17.0
201.8

1.231

COMMODITY PRICES
Prices received and paid by farmers:
Prices received, all farm products

222.7
rl34.S
rl37-6
r58.2
r40.i
17.8
r21.5
2.8
2.4
^3-5
I7.9
r24.1
r207.1

219.1
133.1
135.8

229

}^

S

251
225
196
256
276
32U
2U1
220

403
252
239
194
245
271
319
235
215

244
246
242
25k
101

244
245
242
253
100

1*03

574
156

228
257
306
250
155
237
23S

193
168
230
258
3O8
243
165

248
96

239
239
239
250
95

1.395
1,068
590

1,540
1.155
650

246
75
70
12
220
327
20

•8

24l
225
227
181
389 ,
242 I
206
205
239
256
312
235
161
240

s?

CONSTRUCTION AND SEAL ESTATE
New construction, total
mil. of dol.
Private, total
•.. .do...
Residential (nonfarm)
do...
Nonresidential building, except farm and public utilities
mil. of dol.
Commercial
do...
Industrial
do. •.
Parm construction
do...
Public utility
do...
Public, total
do
Residential
do...
Military and naval
do...
Nonresidential building
do...
Conservation and development
do...
Highway
do...
All other
do...
Value of contracts awarded (Federal Reserve indexes):
Total, unadjusted
1923-25.100.,
Residential, unadjusted
do...
Total, adjusted
do...,
Residential, adjusted
do...

1.370

989
445

1.576
1,108

530

251
76
89

257
83
82

£'

40
281

140

56
100
69

468
15
9
141
67
loO
76

201
I65
177
141

218
187
181
159

228
232
263
260

10,814
3.31*
7.500

10,759
3.328
7,^31

11,101
3.7^2
7.359

381
1*
8

134 !

9

*5
50

63

69
19
243

11
9
151
50
80
71
r279
r292
r275
r27S

rl,702 I
1,254
720
244 I
74
70

260
r448
25
10
160
60
rll5
78

327 I

353
286
302

DOMESTIC TRADE
All retail stores:
Estimated sales (adjusted), total
Durable-goods stores
Nondurable-goods stores

Digitized TJ
for Revised,
FRASER g/ Preliminary.


mil. of dol.,
do...,
do...

rll,125

r3.734
r7.3Sl

11,072
3.676
7.396

MONTHLY

BUSINESS

Earlier data are available in monthly issues of the Survey
and the 1949 S t a t i s t i c a l Supplement

3

S T A Tl S T I C S — Continued
19^9

April

1950
May

February

March

April

JSMPLOYMEMT

Labor force (Bureau of the Census):
Armed forces
Civilian labor force
.
Jtarployment
Agricultural
Aionagricultural
Unemployment

thousands
do..
do..
do..
do..
do. •

1.^92
60,835
57,819
7,820
49,999
3,016

1,469
61,983
58,694
8,97^
^9,720
3,289

1,366
61,637
56,953
6,223
50,730
4,684

61.675
57-.-551
6.675
50,877
M23

1.330
62,183
58,668
7,195
51.^73
3.515

^7,396
21,737
21,094
23,099
^7,396
21,304
19,076
638
23,327
51.8

^5,^83
20,092
19,704
23.116
^5.^83
19,582
18,024
794
23,3^6
53.8

44,097
18,226
17,7^6
23.120
44,097
18,064
15.973
58?
22.Q74
56.3

^3.568
18,070
17,592
23,020
43,568
17.796
15.657
507
22,911
56.6

^3.895
18,301
17,796
^3,035
^3.895
18,083
15,878
r676
22,880
56.2

251.53$
217,676
31.833
2,021

.
24,332
27,417

251.S89
217,975
31.914
2,000
23
24,342
27.507

256,368
221,535
32.8J1
1.962
27
24,345
27,068

255,724
221,408
32,098
2,218
24
24,246
27,042

255.718
221,714
31,802
2,202
22
24,2li7
27,048

56,589
5L323
50,589
36.567
16,809
14,761
8.594
2,855
8,309
695
9.^29
886
8,544
1,841
995
rl,064

56,872
51,498
50,833
36,578
16,591
14,542
8,686
2.853
8.447
731
9.557
903
8,655
1.853
1.007
1,106

60,080
5^,252
53,^5
37,588
15.853
13.716
9,473
2.877
9.386
704
10,831
1,006
9.824
1.952
1,124
1,246

60,382
5*1.592
53.697
37,687
15,834
13,684
9,503
2,878
9,472
687
11,016
1,020
9,996
1,963
1.13U
1,210

60,660

do...
do..,
do..,
do...
do...
do...
do...

r467-l
r67-2
r210.6
6,
r6o
r52
rl9
r39
rlO.8

rl88.2
r26.3
r98.6
1.6
.4
r38.2
rl2.5
r7.4
r3«2

213.2
37.1
103-2
1-5
•5
40.6
11.4
16.7
2.2

818.4
54.6
509.9
69.5
28.0
52.6
*-3
48.1
21.4

483.2
78.4
216.0
5.6
63.O
49.3
19.4
41.8
9.7

thous. of lb.
do...

270,742
408,634

272,192
368,929

288,055
344,466

r317,26s
350,904

287,916
375.920

do...
do.

46,852
110,882

^9,170
113,706

48,962
111,321

r53.289
rll3,951

50,510
123,683

do...
do...

1,063
80,946

78,176

493
87,502

524
r90,827

481
82,478

do...
do...
do...

r380,889
736,192
462,082

374,287
735,300
376,035

470,789
1,073,460
^03,714

r478,095
rl,068,505
r398.450

422,601
1.086,338
409,723

do...
do...

119.975
236,197

115,419
227,587

174,054
273,525

160,817
271,007

113.725
272,336

do...
do...

43,510
310,827

^5,^97
321,765

53,^69
531.932

50,939
r548,907

47,154
564,035

do...

156,088
127,425
105,365
112,523

154.183
118,045
88,6-31
102,045

153,046
118,749
78,911
66,791

117,518
146,063
87,228
64,118

170,251
13L913
101,386
71.651

FINANCE
Federal Reserve banks, condition, end of month:
Assets, total
mil. of dol
Reserve bank credit outstanding, total
do..
United States securities
do..
Gold certificate reserves
do..
Liabilities, total
do..
Deposits, total
do..
Member bank reserve balances
do..
Excess reserves (estimated)
do..
Federal Reserve notes in circulation
do..
Reserve ratio
percent
Federal Government .finance:
Debt, gross, end of month:
mil. of dol
Interest bearing: Public issues
,
do..,
Special issues
do..
Noninterest bearing
do..
Obligations guaranteed by U. S., amount outstanding...do..
Gold, monetary stock, United States
do..,
Currency in circulation
do..
Life insurance, assets, admitted:
All companies (Institute of Life Insurance), estimated
total
mil. of dol
Securities and mortgages
do..
1+9 companies (Life Insurance Assn. of America),total..do..,
Bonds and stocks, book value, total
do..,
Government (domestic and foreign), total
do..
U. S. Government
do..
Public utility
do..
Railroad
do..
Other
do..,
Cash
do..
Mortgage loans, total
do..
Farm
do..,
Other
do..,
Policy loans and premium notes
do..,
Real estate holdings
do..,
Other admitted assets
do..,
Stocks:
Cash dividend payments publicly reported, total
do..,
Finance
do..,

Manufacturing
Mining
Communication
Heat, l i g h t , and power
Railroad
Trade
Miscellaneous
CHEMICALS AND ALUM) PRODUCTS
Fat8, o i l s , and byproducts:
Animal f a t s :
Production
Stocks, end of month
Greases:
Production
Stocks, end of month
Fish o i l s :
Production
Stocks, end of month
Vegetable oils:
Production, crude
Stocks, end of month:

Crude
Refined

Cottonseed o i l , refined:
Production
Stocks, end of month
Linseed o i l :
Production
Stocks, end of month
Soybean o i l :
Production: Crude
Refined
Stocks, end of month:

Crude

Refined
Digitized for
r/ FRASER
Revised. £ / Preliminary.


!do.!!
.do...

do!.!

23

1
1
1
j
i

;
;

i
;
!
I
!
i
1
1
|
[

;

5M39
53.936

37,716
15.790
13,640
9.55}
2,qo6
9,468
6S9
11,18]
1,036
10,144
1.972
1.1^4
1.231*

4

MONTHLY

BUSINESS

E a r l i e r d a t a a r e a v a i l a b l e i n monthly i s s u e s of t h e Survey
and the 1949 S t a t i s t i c a l Supplement

ST A T 1ST IC S —Continued
19^9

March

1950
April

January

February

March

ELECTRIC POWER
E l e c t r i c power, p r o d u c t i o n , t o t a l

do...

Industrial establishments...

24,721

27,745
23,215
4,530

31.677
26,871
4,805

28,789
24,270
^.519

31,864
26,957
4,867

7,761
7,084
6,70s

7,2^6,507
9,248

6,146
5.597
8.775

5,842
5,523
8,849

7.55^
5,938
10,073

20,232
9.33*
661,72s
14,462
4,720
5S6,592
10,202
9,207

16,922
7,755
668,421
11,536
3,884
593.094
8,306
7,3^5
134,615
111.165
22,910
12,000
266,250

16,577
7,209
6so,89S
11,069
4,684
615,384
6,622
5,870

14,137
6,295
684,576
10,115
4,04 3
620,133
6,092
5,458

101,515
77,365
14,700
4,450
168,750

97.875
75.685
13,200
5.900
183,000

15,994
9,215
686,640
11,045
„ 5.558
624,182
9.377
8,357
1121,970
1-97,135
16,550
6,500
241,000

12,275
92,350
906

9.091
64,850
868

8,135
65,500
92s

11,425
85,100
949

2,387

2,463
601
1,862
2,865
689
2,176
6,976
2.390
4,586

3.091
669
2,422
3.3^3
2,604
6,277
1,960
*.317

5,948
20,865
16,829

n i l . of kw-hr.

Utilities
«

*

«, .do...

Fermented malt liquors?

Production. „.,...<,
.......
thous..1 of bbl.
Tax-paid withdrawals
.
do...
Stocks, end of month
«.
do...
Distilled s p i r i t s :
Production
..
*...
»thous. of tax gal.
Tax-paid withdrawals......
.
do...
Stocks, end of month.
..
do.-.
Whisky! Production
do...
Tax-paid w i t h d r a w a l s . . . . . . . . . .
do...
Stocks, end of month
«
do.. .
Rectified d i s t i l l e d spirits,prod. B total. ..thous.of proof g a l .
Whisky
«
do...
Dairy products, productions
Butter, creamery (factory)
Cheese, total (factory)...»
.
.Condensed milk (sweetened) s Bulk goods.
Case goods

thous. of lb.
». .do..,
...
do...
do...

XX2.525
94,37!?

15 Aty

do...
do...
thous. of bags.

14,100
215,750
11,150
SO,000
1,127

Lumber (National Lumber Manufacturers Association)!
Production, total
...
mil* of bd. ft.
Hardwoods
.
do...
Softwoods
........,..........<.
...
.do...
Shipments, t o t a l
«
do...
Hardwoods
do...
Softwoods
do...
S t o c k s , gro s s e end o f month, t o t a l . . . . . . c
do...
Hardwoods...
5
..do...
Softwoods
do...

2.S19
59*
2,22s
2,747
527
2,220
7,181
2,189
4,992

2,822
454
2,36s
2,S42
493
T.lfel
2,150
5,011

1,754
2,633
697
1.936
7.028
2,478
^,550

7,735
17,308
15,090
2,258

7,322
17,803
15.770
2,033

6,740
329004
26,710
5.294

5,329
26,745
22,103
4,642

1,181,461
139,51k
465,55s
173,759
59,534
45,120
165,152
74,566
109,010
9,709
8,770
29,644
15,259
1,771
33,984

1,088,542
131,186
422,223
160,266
57.025
42,179
154,439
71.989
108,503
10,470
8,206
26,937
17.203
I.U56
34,044

59,992
108,769

56.5*0
104,477

60,859
101,691

27,808
33,966
92,284

29,336
31,860
8S,3S1

33.003
'37.647
rS6,924

17,682
17,779
22,977
7,560

15,174
9,593
20,267
6,066

13.070
9,775
23,579
7,372

14,238
14,613
23,^5
r8,7^7

7.035
6,869
9.763

7,952
7.379
9,352

7,290
6,748
9,595

8,204
8,129
9.454

Evaporated milk (unsweetened), case goods
Dry milks
Dry whole milk
*
Nonfat dry milk solids (human food)
Coffee, visible supply
LUMBER AND MANUFACTURES

do...

METALS AND MANUFACTURES

Iron ore (Lake Superior d i s t r i c t ) :
Consumption by furnaces
thous. of long tons.
Stocks, end of month, t o t a l
.
d©.,.
At furnaces
- -do..,
On Lake Erie docks
do •..
PULP, PAPER, AND PRINTING
Wood pulps
Production, total, all grades
Bleached sulphate
Unbleached sulphate....
Bleached sulphite
.
Unbleached sulphite
Soda
Groundwood.»
,
Defibrated, exploded, etc
Stocks, end of month, total, all grades...
Bleached sulphate.
Unbleached sulphate
Bleached sulphite.
Unbleached sulphite.
Soda
Groundwood

short tons.
do...
.do...
do...
do...
do...
.do...
do..,
..do...
do...
do...
do...
do...
do...
do...

1,057,451
120,949
381.575
164,235
67,140
43,891
iso,197
139,626
12,819
17,982
3^,653
22,477
3.388
38,6l6

r946,768
112,324
3^o 744
156,712
r57,483
39,^05 i
165,322 1
32.376
rl5l,96o
12,866
17.003
40,803
r23,674
3,^3
44,171

long tons.
do..,

53,108
117,664

47.859
112,916

do..,
do..,
do...

36,063
39.041
116,843

35.^5 1
36,529 |
114,9**4 1

thous. of bbl.
do..«
do..,
do...

15,439
1^,539
23,104
7,764
7,288
6,929
9,801

M35
rl,

146,'640
r453,072
rlS3,l46
r64,60l
46,096
174,005
76,188
rt.07.733
9,926
r8,463
r25,80S
rlS,6l5
1,414
33.885

RUBBER AND HJBBER PRODUCTS
Natural rubber:
Consumption
Stocks, end of month
Synthetic rubber:
Production
Consumption
Stocks, end of month<
STONE, CLAY, AND GLASS PRODUCTS
Portland cement:
Production
Shipments
Stocks, finished, end of month.
Stocks, clinker, end of month
Glass containers?
Production
Shipments
*

Stocks, end of month
Digitized r/
for Revised.
FRASER


thous. of gross.
9....do..,

do..,