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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 AVAILABLE ONLY WITH SUBSCRIPTION TO SURVEY O f CURRENT BUSINESS SELECTED STEEL BUSINESS II, 1949 INDICATORS ELECTRIC POWER PRODUCTION BY UTILITIES (BILLIONS OP KILOWATT HOURS) INGOT PRODUCTION (1935-39 S A L E S . O F RETAIL 500 MARCH PERSONAL STORES 250 ttOHTNLY MM INCOME mmmr m* 200 400 MOttOUMBLC 300 200 „ 150 Tomry-* om*m ur . . I . . 1 . . . , . 1946 WWi MSSOMtt * INCOME neceiprs^ 1 ^iiimr 100 1947 11 1 1 1 1 1 1 1 1 1 1947 1946 1949 WEEKLY BUSINESS i n n Ooaaodit? priooa, vholooalat A l l ooaaodltloo 8/ l a m products j / .1986rtOO.. . food 2 / . . . i l l OttMT j 28 _ o a a„ p o d l t l o a i / . Option, a i d d l i a * , ! $ / ! £ % aaikota W * . 2, Hard Viator (Xaaaaa Btpartatai i i w i n l « i laaural moaployafat, t o t a l 5/ ttty) 1959*100. .dol. p«r lb. *do&. p«r * u .193M9»100 •«tof!*aa9 llOMllI Oamacqr l a eiroolatloa j j / . . . . , f«d««*l a m m M or«ut, total 1,800 650 ••ail* of d o i . . ......do i B M f t f M W T N , oottaafcod f f t a a l J i i i m r ^ o n i a i ataibor M m l a l u i t i f oltloos Icrit.M&li) total....•••».••••*•• . . . • • • • a l l . of 401.• ftwTtffk oitr Loaaa aaA isvootoMBta, t o t a l ! • tovwMuai o b l l j a t l o a i . • » • • • . . • . . . • • » . . » . . . . « taamUa, l a f e o t r i a l aad a i r i w l t t t t l 1 « M m . m 4 » * m * M t a m , ladoatrlal aad ocaaaiolal bn load doaaatio oonorato (Koodoo)*. ....porooat.. •took prlooa, atooka (Staadard aad »oor* a) ..1935»39»100*. Xataatrlala, ^ dtocfco .....do., Prodaotloat Blttoalaoiui o o f l hf tfcma. of «hcrt toaa*. XUotv&o pot*r, \>j a t l l l U o a a d l . of kir-far.. Motor • t h i o l — (Itordo)*....«.*.«•.»....«.».*»..*»....shAmi Potroloaa »..«....»**«*.«..«««.«{.«..«*«• .thoao. of )!&•« 8tO* J/ 193£»39»100.. Protect oarloadlaga, t o t a l tfaoaa. of oavi 1*9*3 173-0 BB.038 tttW 18.006 7.158 v*. 5 198.8 168.9 198.0 153*5 280.7 •387 8A3 * * 1.098 8tat» p » i r i M 1.790 1.098 ».03J a.«5i 17.55* M57 22,069 93 .10 119-9 8.173 B2 791 375 f j 156.9 152.9 871*3 5 .353 191.0 38 19 878.6 •386 8.80 8.H70 1.819 637 87.580 88,887 19.711 87.568 88,030 M 615 88,836 579 J*£* Jolt 198 3*00 116.5 186*7 181*9 1.898 5.778 98, r " 1.907 5.788 688 389 339 It*. March g 158.8 159*0 887 1.175 tfJ&TI .0 v * . 12 2*88 iftg •9 1949 19*9 March 6 161.* 170*3 1*7*5 318*9 •3» 1 STATISTICS1 1*S SB 1948 5:8 160.8 158*8 .878*5 8.86 IJ0*5 161.3 158-3 270.8 •387 8.87 238 3ft 535 80,858 f/€8,o n 3*01 116.1 81k 888 180 3.01 181.5 So :! 1.809 1,808 5.650 io9.r * 5 41 3*01 116.0 181.ll 1 1 2 , 5<* 807*5 ^3 y fiat* do aot alvajra oevar oaloadar v M k i . 8/ Bavtaod oorloa. 800 aoto l » P o o o * o r 3 , I g f t ioaao. j / ftaa prlooa. y max? #tmft* doaorlptloa aoo aoto l a M r 13. 1 9 ^ laaaa. 6/ B « U a l a c 19*8 lafttvldaHl loaa I t A aro roportod (ppooa, oarrflatlp aad agoa. f o r a jraar ac». iaatoad of aot aa fonaotdin t o t a l loaaa aro M l o d o d oa a aot t n l « f o r a l l poara. ] f M r 1o a i l a f Mwoti 1 2 , m A * MONTHLY BUS! NESS S f A f 1ST IC S 2 X a r l l e r d a t a « r * a v a i l a b l e 1b Monthly i a t u e s o f the Survey •ad 10m 19*7 3 a p p l « s * a t 19*9 Januaxy February Vorofear January February BUSIHBSS IffltfCAfOBS P e r s o n a l i a c o a e , s e a s o n a l l y a d j u s t e d , at. annual r a t e s ; Total personal i n c o a t e . . . . . . . . . M l . of dol Wag* and s a l a r y r e c e i p t s , total. .......do.. t o t a l eaployer disburseesats.. . - . > . . do.. Coaaftodit^produclcg i n d u s t r i e s . . . . v . .do* •. Sistritoutiva tadttitriM*. do.. Service l & d a i t r i i s . do*. . Government do.. Less employee c o n t r i b u t i o n s f o r a o o i a l i n s u r a n c e . d o . . . Other l a b o r i n e o a e . .do... P r o p r i e t o r * 1 and r e n t a l i n c o n e do.. Foreonal i n t e r e s t i n c o n e and d i v i d e n d * do... f o t a l t r a a a f a r payftant* ....do.. fottO. n o n a g r i c u l t o r a l Ineoae* do.. f a r * income and aarketingaf Indexes o f c a s h r e c s i p t e tr<m aaxfeetings and 006 l o a n s , unadjusted! Ail cosssaditie*.. .1935"39«100, Crop*.. do.., Xitveatoofc aad p r o d u c t s do.., Indexes o f v o l m o o f f a » a a r k a t i n c * , unadjustsd* All coaaodities. . d o . •. Crop*.. do... l i v e s t o c k and p r o d u c t s * do*.. 208.8 127.1* 129.6 58,$ 37-5 15.5 IT-T 2*2 1*9 51.S 16*5 11.2 206.* 126.8 128.8 57.8 37.8 15*6 17*6 2.0 2.0 it* 11.* 219-9 I38.O W . l 63.8 « 20.0 2.1 r221.0 '137-7 Am mi 220*8 136.0 16.5 20.0 2.1 51.* rl9-9 2.2 2*1 •r52.1 rlO.T rl97-* 195.7 60* S i 338 18.1 10*3 18.* 2.3 2.1 53.0 18*6 11.1 I8H.3 18*.3 196-3 353 362 399 250 276 *97 295 *17 r*ll **58 375 128 136 108 100 U* 176 209 150 160 186 1*0 18? 30T 279 268 268 133 157 13* CQMKO&IfY PHICSS P r i e s t r e c e i v e d fcy f a r x o r * « a l l f a r a p r o d u c t s . . .3909~1*«100. Cr«?s.»........ ........ 6o.«. jfOcd gXblSi* • .... . . . . . . . « • • • • do... e-A . . . . . . . . . .do.., ..... . ,.dO... Cotton .... ......do... Fruit do... Truck c r o p s * .do*. < Oll-fcearlag c r o p t : • > » » . . do* L i v e s t o c k aad p r o d u c t s . . . . , . . » . . . . . » . . . .do. Meat a n i a a l s . do*.. Dairy p r o d u c t s . . . . .,• ..do.. P o u l t r y and e g g s . . . . do* •. 28k 322 % 22* 23* 135 1; IS 181 *12 136 37? 320 186 318 320 328 379 313 333 300 331 307 218 COUSXJHJCTIOH j m a m * ESTATE construction* tote* .. 1. o f d o l . Private, total ...do.., Eesidential (aonfasa) .do... n o n r e s i d e n t i a l b u i l d i i ^ , e a c . f a w i aad prb.utility...do.., Industrial •..•«« .do... Fern c o n s t r u c t i o n . ,..•••,•«.» * .do... Public u t i l i t y . , . . , . .do..« Public construction tvUX « . . . ..» do..S e n i d e i i t i a l cojistro-sticn >..do... M i l i t a r y aad l a ^ r a i - . do..« loureeidcatisX b u i l i i a g . . . . . . . .do..• Industrial do.»« Highway do... AU o t h « r . . . . . . .......... . .... ,,.. .do... Value ox c o n t r a c t s a^az-ded. ($#4.9**1 Eeeerv* indexee)t f o t a l , unadjusted 1923~25*100. A e s i d e n t i a l , unadjusted do... f o t a l , adjusted do... Residential, adjusted... do... 257 500 273 130 Ik 161 209 53 1 56 77 15f 126 W 152 1.009 837 *00 265 $ 158 17i u *9 1 *1 65 228 ^ 18* *15 157 283 313 351 28* 272 1.552 1.178 60C; 330 115 22 226 37* 3 11 108 1 209 283 305 339 283 mni.mm$ sqkdimm abb Lab^--: Xqtov {doxaam oi* f-b-e Census) 1 Arcvi^ fozsicrt..... ^Ic^sent .».*•* A^ricul Hoaa^rimlt^ral r**i*» r / Bevlsed. J/ tem $$D0,000. - n i l . of dol. do... do... .193W9«100. .....do... .do... do*.. ....do... ••..•••••do*.. 9,6* 2 8 5J6 7.169 292.9 312.1 286.6 1,261 550 312 «?7* *90 '292 UO 11* 13 205 311 3 10 106 1 l6l 135 187 152 169 1*8 1*5 123 8,9*8 2.350 6.598 11,019 3,055 7.96* 296.0 3*9.f 32^*7 357* 32**6 1,2*1 1»226 59.778 31H.1 357.6 313.9 335^ 33*^ 382.5 318.* 57,1*9 7.060 90,op 2,065 M xo2 102 1*2 1*5 '13,19* '3,336 9,857 9,*18 2,*** 6,97* r4H5.0 293-Jf 309.* '3*3-2 '391.7 r32T•* 328.5 360.5 180 *00«8 1,*53 59,893 7,96l 51,932 1,831 12 rl80 r287 r* UO 17* 133 mm thousands. do... do. do.. • .do. 180 282 1,391 1,080 80 112 m-z 236 260 126 126 313-9 290.2 *12 27* 295 330 275 2*0 3X).H£STXC T&tiOS A l l r s t a l l storsst Kstiaated sal%s f t o t a l Iterable « o o d e etorea.. l§0»4ur®&le goods stoi v $s» Indexes OX salec* Ua&^ijuated, c o a o i a e d i a d « « durable goods «tor«». M.juntod, c ' i i U ^ i i««is*. Durable l o n d u r a b i e gpo&M 238 232 •W S7,375 & 52.059 1.9*1 287.8 318.1 MONTHLY BUSINESS STATISTICS—Continued 1948 larlisr data are a*ailabls to aoathly I i n n of •ad tfcs 19*7 3 fcpplwa* 1949 Psbruary January Jisauary 9XXJUKS federal l i i s m banks, condition, sad of aoatks toi^it •••II* o f d o l . fieserve bsak credit «titnAiac« total United SifttM securities •• Odd certificate do... ....do... 4o • *•• .pSTOSnt. 84,156 48.8 •»*• ©f dol* 256,574 254,605 .do... 2&.810 29,148 .....do... Deposits, total Meabar bank reserve balances.... Xxcees rsssrvss (osttoatsd) fsderal Eesenre aotos la olroalatioa.... Dabt, gross, oad of aoatk Interest bearing* Public ......do... do... ,...do... * Iptolal .....do... Xoalaterss* bearing Obligation guaranteed by tf. 8., aaount outstanding..do... told, aoastary itoek, M t « i Statas......•••• do... Oorrsaoy ia circulation do... fttookst - • Prices* BotrJoass * C o . ( 6 5 s t o c k s ) *»6»991 22,109 21.776 *6,99l 19,807 17.062 762 *k<*5 49-7 Liabilities. total..' SOSSTY* N l i o f e d e r a l Oorernaent f i n a n c e * *7,3*7 22,782 a,925 21,701 *7.3*7 20,311 16,919 768 2,616 77 22,935 28,111 29,246 2,505 79 33,036 ».0l9 49,803 23,881 23.209 22,889 49.803 22,427 19,894 809 50.043 24,097 22,'9i 50,043 22,791 20,479 1,499 48,585 22,914 22,109 23,025 48,W 22,248 19,^0 24.172 49.1 S4,l6l *477 23.609 252.506 252,800 252,620 218,992 31,400 2.115 218,865 2M,6J5 31.760. 24tll£ 28,331 a . J 5 28,224 _ 36 24,271 27,580 64.^ $5*37 48.9 31,714 2,220 50.2 2.1861 ' d o l . par share. Industrial (30 s t o c k s ) . . . . . . . . . • P u b l i c u t i l i t y <15 s t o c k s ) Bailroad (2D stocks) . Standard and Poor's Corporation* S cabined iadex (4l6 stooks) Industrial {365 stocks)... Public utility (31 stocks)..... Ballroad <20 stocks) do... .do... do... 1935-39-100. do... .. do... do... 63.61 170.26 60.91 168.3*7 64.90 176.60 33»3* 55-00 176.31 33-09 53-27 120*1 114.2 95.1 106.5 92.6 101.9 120.4 126.4 94.2 119.4 125.5 r92-9 33.06 31.101 126.0 S 119*2 108.8 105.8 53-i6 m . o 127*3 94.2 105.9 SBAISPQBSASIO* f r e i g h t o a r l o a d i a g s (•••.&•) fotal oars Coal Coke foroat products l/t .do. .do. .do. •do. •do. .do. ••......••...••..do. Qralas aad g r a i n p r o d u c t s . . . . livestock Merchandise, l . c . l Miscellaneous. freight-car surplus aad shortage, daily average* Car surplus fiw oara Coal oara Car ahortags Sox oara Coal oara 3.81? 916 75 203 225 * 2,951 rl67 144 156 6a 59 193 47 / 500 1,789 rl.457 1,428 12.013 6,657 1.817 132 13.030 4,922 7.586 11.573 1,902 4,781 1,561 791 670 3.600 •do. •do. .do. r3.077 r 7 § 934 8,747 2,888 5,**8 CBM1CM* 4MB AIM® PBQOOGtft Olsoaarjariaoi Production.........•..•••••••••..•..• Consumption (tax-paid withdrawals).. o f lb. .•do..., 72,377 72,997 ^,308 26,M6j» 22,19* 4.271 28,748 24,169 30,431 30.374 25.570 4,SOU 21.956 37,037 12,15^ 621,672 28,225 a , 804 6.5M6 646,272 «7,93* •7.252 80,418 28,443 9.H92 72.986 5,918 maotszo p o w b . a i l . of k w h r . . do. Use trie pover, production, total. Utilities Industrial establishments do. ffi.688 ^743 KKMQfVI AMD fOBUOOO Distillsd spirits! of tax gal. do... Production. fax-paid withdrawals Stocks, aad of aonth 513.®99 Vhlskyt Productloa Sax-paid withdrawals do... Stocks* sad of aonth.••..••.••••.... laotlflsd distilled splrlts,prod., total. thous.of proof gal. Ifelsky Dairy products, production* Condensed allk (svestened)t Balk goods • •••• ...... Braposatsd ailk (unsweetened), Bry ailkt Biy whole ailk leafatdry allk solids (hnaa food). £ / isfftasd. 8,081 of lbs*, '"do" 1^,768 455,)*p9 9,442 8,696 15.3y> j.750 178.250 12,660 37,800 17,532 3.965 559,818 9.TO 8,792 462*,06l 9.211 8.526 15.660 9.550 194,000 12,850 38,100 635, 13.050 12,795 154,900 147,000 7,350 35.450 9,165 *9.700 8.290 1)0,000 Preliainary. y M a for 4mm*ty 1948 and Jaaoaxy 1949 are for 5 vsSks! other aonths, 4 wsaks. 14,861 569,734 MS 15,250 10.950 154,100 11,400 ^.275 4 M O N T H L Y B U S I N E S S Earlier data are available i n monthly issues o f the Survey and the 1947 Supplement S T A T I S T I C S — C o n t i n u e d 1948 19*7 Deomsber January October lovember LUCB8& AID KAMOTACTURBS Loaber (National lumber Manufacturere Aeeociatlon) t Production, t o t a l mil. of bd. f t . Hardwoode • do... Softwoods , to... Shipments, t o t a l do... Hardwoods do... Softwoods to— Stocks, gross, end of month, t o t a l do.*. Hardwood* to... Softwoods to... 2. 2,929 707 2,222 2.654 2.037 641 2,»3 5.557 2,018 3,539 682 N S 2,116 1.972 7.431 2,400 5.031 5,739 2,140 3,999 Ml&JUiS AHD MAHUIACTUSBS PiC iron, production thoue. o f abort Lead, rsflnads Production, t o t a l * abort Primary * Shipment* Stock*, end of month Pumps, steam, power, centrifugal and rotary* Ordars, new thoue. o f 5.177 5,128 5.5® 5.399 ton*.. do.... to.... do.... *9.337 *5,538 52.35* 21.787 90,821 47,421 51,958 20,645 *6,787 *3,857 39.875 27.553 40,289 3*. 192 dol.. 3,*80 3,«19 3,571 3,580 toaa.. S3 PAPER AND PHIHKIO 5.595 If 40,647 *.aS3 Paper, excluding building paper, newsprint, and paperboard (American Paper and Pulp Association)* Orders, new abort tone.. Production do.... Shipment a do.... Stocks, end of month , do.... Vine papers Ordars, now ..do.... Production do...« Siipmente do.... Stocks, end o f month do.... Printing papers Orders, new ....do.... Production do... dhipaenta.., do.... Stocks, end of month do.... Coarse paper* Orders, new do.... Production do..., Shipments do.... Stock*, end o f month.... do.... 71*,95 733.*?* 728,969 a5,050 '790,785 r780,080 '773,5*6 r223,003 r74l,60l '781.787 r781,01l r271,l47 r690,493 '750,575 '732.656 r277,403 '716,171 '720,715 '717,139 r288,089 89.886 103,*95 112,679 107,304 108,870 '52.910 '«).313 *93.22& *92.53? '70,39* '73,088 r85,660 r80,6ll r?7,*46 '77.966 r8b,196 r82 t 275 rS7,638 252,172 §7.8*3 261,72* 63.7*5 r27*»710 269,194 265,55? 66,07s r251,oa(3 ^9.603 268,2^5 r85,012 r232,172 261,219 257»205 r86,887 7250,963 ^253,%3 v248,613 r90,4l6 r268,989 >265,827 r262,870 r63,386 r2S9,4^ r276,063 '277,556 '65»679 '33,558 , r2S8,132 i T26i,379 r64,492 r25?,401 r251,800 r25?,029 rol,207 163.781 165,796 7*»j>81 1?0,242 615 9,357 240,083 9.983 176,329 177,335 246,199 10,055 n -M 244,540 59.931 PSSfflOUHM ASD COAL PJBODUCTS Crude petroleum* Production thou*, o f b b l . Coneuaption (runs t o s t i l l s ) do... Stocks, end o f months Bsfinabla in U. do... Heavy i n California do... Refined petroleum producte* fuel oil* Production* Distillate fuel o i l to... Reeidnal f u e l o i l do... Stocks, end of month* Distillate fuel o i l do... Residual f u e l o i l .do... Lubricating o i l s * Production do... Stocks, r e f i n e r y , and o f month do... Motor fuel* Production, t o t a l .do... Gasoline and naphtha from crude petroleum do... natural gaeoline and a l l i e d product* do... Stock*, gasoline, end o f months finished gaeoline do... Unfinished gasoline do... Xatural gaeoline do... TBXTIXJS PRODUCTS Hosiery) Production thoue. of dosen pair*. Shipment* • do... Stocke, end o f month do... 2*65,555 165,858 224,929 5,725 T S 170,166 33.53? 39,606 33,1*0 39,313 32,^34 38,315 3*»?7* 40,276 081 *7.,091 41,036 ^,636 82,920 72,363 83.909 77.033 75.953 76,942 4,566 8,624 4,287 1/7.892 ,*.5» 1/9.306 *.175 1/9,512 4,368 1/9,843 '75,136 66,770 73.812 65,7** 12,047 79,*76 70,579 12,833 78,445 69,588 5BB 83,iu 93,290 8,877 *,323 83.969 8,*57 6,173 87,275 8,31* 5,857 95.^22 8,275 5.579 12,948 12.415 22,217 '13,*83 rl3,206 22,494 11.759 12.305 22,055 U.369 11,405 22,019 11,262 *7*,229 1,721 1.356 366,939 344,110 101,569 85.971 ^5,663 1,382 x*91,803 «6l9 r600 '383.755 '36l.8o7 '107.36? r468,822 486,981 82k 763 39 51, »12,352 I'M 12,916 fRAHSPOBSAZIQK KpKPtmf Motor v e h i c l e s , f a c t o r y salee, t o t a l Coaxes, total fiomastio..... Passenger care, t o t a l ••••• Domestic Truck*, t o t a l Domestic r j Revised. aumbsr. do... do... do... to... .do... .do... 1,080 305,081 285.373 99.200 83.893 5*5 460 r364,440 3*6.999 103,837 89,030 13,^76 9,7*6 23.53* ra 1/ lew ba*i* excluding distributors 1 stock* In California; *ee not* on corresponding item i n the february 1949 Surrey