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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