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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF.COytVIERCE
BUREAU OF FOREIGN AND DOMESTIC

COMMERCE
MARCH 14, 1947

SELECTED BUSINESS. INDICATORS'
f$0TOR VEHICLES PRODUCTION

ELECTSflC POWER PRODUCTION

STEEL INOCnr PRODUCTION

{BILLIONS OF KILOWATT HOURS)

(I935-39-I0O)

{wtmrnm

\-r

OF VEHICLES)

'

^WW-Y\

f"~>/\/j^
| S*\^

/S"**4*

1

_

wl

jaxL.,u-UjLLii.iiil,uiut l u i l r t i l u n l n i l i n In u.
D E T R I M E N T STORE SALES AND STOCKS

VALUE or MANUFACTURERS' INVENTORIES AND SHIPMENTS

(SEAsscAu.y ApjiftftSP, »36-S9°too)

(WERA8E MONTH, »S»«»0)

350

MONTNU OMTA

250

goo

u a x i X j u i.i. i J

1944

1945

1946

^

180

.iiS'ntijii*!
1944
WEEKLY BUSINESS STATISTICS^
1347
1347

1945

JLJ.LJLtJ.J-L.l.iX. JLdUUU. L.U..LL.I,,,]
1946
1947

191*?

19*6

19*7
Mar. 8

^

Mar. IBTeb. 22 Msw. 9 | Mar. 2

Mar. 8

19*6*

Meg, 1 fob. 32

itoJL

ffffifit .rL.

finance - Continued«
Coasodlty prices, wholesale:
Member bank reserve baliaiee«»,,a>il. oi dol.
1*6.*
108.2 107.6
All ooaaodities 2 / . . .
l<J8fc.l00..
15.930 15.781 15*
15,***
i**.3
Sxcees reserves, estimated.
do.
176.1
130.7
fara products....
do....
757
17V7
133-9
92*
693
federal Heeerve reporting steviber teu&tt
107.9
109.2
food.....
do....
162-5
38,59C 3«,6's6
Deposits, demand, a d j u s t e d , . . o i l . *4 dol.
101.5
101.6
All other a/..;
;
.......do....
X28.3
128.7
189.0
188.5 v , loans m& lnveetaents, t o t a l . . . . . . . . d o . . .
320.1
315-2
28 coamoditiee ^/
August 1939*100.. 329.6
mfini 95.056
', * u". 8. Government obligations 6 / . . . d o . . .
Cotton, aiadling, 1^/1&W, 10 market. |/
35,301 3**790
Comer.., indue., and Kjrr., lo»*«y..do..«
10,712 10,6*8
.265
dol. per lb..
.3**
.267
•3*1
7,*5*
•337
10,802
failures, commercial
. . . . . . . mwaber.
I.69
ifoeat, Do. 2.,ttd.Wtn.(K.C.)..doi.per bu.. 2.56
1.72
7*
• 22-.'
5*
Bond yields (Moody1s)
.pareent.
238
217
"a! 79] 2.79 2,78
Mepartweat store sales.* •..•....1935~39»100«..
2.6%.
Stock prices (*02 stock©)......1335 39*100.
3,620
Insured uneaployaent, total £/.
thong. .|
139.6
126.) 125** 128,5
2*3*0 3.W3
State programs.
*.
do.. .*.
1,912 Production:
1/175
JJituttinous coal U/..,.Oh0Cf», of eb/.rt' to**.
2,1*6
8,172
Veterans1 programs.
.do....
1,656
2.177
1426
m e c t r i e power
a i l . , ui lew-tar.
M97 t *»77« 3,953
fizwowel '
Motor vehicles (Wards) g/
„fcuiab«r. io*,*«
.dank debits, member banke in 101 cities)
3.175 b3,H00 23.050
JM3mo|!
Petroloua y
.,.thou*,,'of bbl.
16,9^6 Jt6,n6i 12*933
Sotal
,..«41. of dol.. 18,563
».77l 5,7*6 *,*03
3,151
Steel 8/
;
.%. .l92r&»UK>.
tfsw fork City
..do....
7.7*7
isslo 185.0 1S*.5 151.*
7.795
Currency in circulation * / • • .
. . . d o . . . . 28,350
28,282 S7,966 27I9S1 freight carloadinge, tot&l...>thous. of ««*»*
786
850
777
federal Jteserve bank: credit* t o t a l . . . d o * . • • 23,80* 28,276 aM,67* 23,297 23,677
Mi seellaneoue.. ••
.
.= »do..,
391
3^
350
j . / £at« do not always cover calendar weeks. 2/ See not©2*,76l
i n iwwxy 11, 191*7 issue* %J SEbarsday prices. H/ Ifelly .fcvert^#.! ^ / 3&ta froa federal Secorlty Agency; see 1
July 13, 19U6 issue• 6/ JHrect and guaranteed. Jj Data are for U.S. &»d Canada and include passenger cars, OCK^MMSI oar«, and trucks, 8 / Meroh.15, 187.8.

JS

15.555
1.039

i*;$*9

*%&*

37.6M
68.1U8

7.3«8

a

*.»

I'M

1$

139.0
2,120
U.000

t«

115.7
788
3»

MONTHLY BUSINESS STATISTICS
3»xlX»v data are available in monthly Issues
of the Survey and the 19H& Suppleaent

19*6

19*7

19*7

feeruary february j»ac?«i;«sbar

January

283J
306|!
29^
20 ll
r803J

COHSSaVCSlOH AKO MUX, M3«4SeS « Obatluueft
New construction - Continued,
fubllc construction, t o t a l . . . . . e i l . of dol.
Besidestial construction.
,. . d o . . Military and naval
..do...
Sonresideotial b u i l d i / ^ r , . , . . . . . . . , . . d o . . .
Industrial.
,—
.. .ac...
Kignway'..
«...
. .do...
all otner...
do,..
Construction cost index*®?
Awericaa Appraisal Co.;
Average, 3° c i t i © » . . . . . . . . . . , . ; . ;.yi> iot>.
Atlanta.
' , . . . . . . . .do..,
Bew f o r k . . . . . . . . . . . . . . . . . . . . . . . . . . d o . • •
San francieco
,.vdo...
8 t . Itouie..
<k....
Associated Geoi-i'«l Coiivnwtore ( a l l typos-)
131>*100.

r27l

fi0MSs§2C %%m

wmmm mtGm
Prices received by tvmnmi
Cdabined index
«
1909-1U«10Q. •
Grope
,.........,...,•.
.do....
food grain
*
do....
feed gr«du and & a y . . . . . . . . . .
do,.;.
•tobacco
»
do....
U<itton..4..*.,........*...........„do..-.
f r u i t . . . . . . . . . . . . . . . . . . . . . . . . . ....do.......
truck c r o p s . . . » . ' . . . , . . . . . . . . «
do....
0U~b«ating c y o p c . . . . . . . . , . ; ^ . , . . . d o . . . .
livestock and products..^
,....do....
Meat animals
.........do,...
Dairy products....
.....do, ...
Poultry &nd « g $ e » . . . . . . . « • . . . . . . . . d o , . . .

GQumuvnoa ma -ma, sstafi
Jitfw coastrucUos, t o t a l .
a i l . of d o l . ;
Private,
total...
.do.,..
.Eeeldential (ttonfara)
........do....
Uonreeidential buildiag %/
do....
Industrial.
.....do....
$ar» -i one true t ion
do. • . •
Public u t i l i t y . . .
.....do....
£/_ Kevieed. ,1/ Itcept turn and public u t i l i t y




262!

2>*5J
185I

-<M
2031

m
319I
2701
1921

M
6011

m
loi

m

207
213
1«0
366
36*
1.s6
23i
275
212
20.?
21*
202
168

26*
23f

510

$•889

159
•212
108
8

51

im
mm
zm
211
166
33*
29*
31W
3^
2261

rl66|
10]
8^

Barlier data are available in monthly i (team
of the Survey and the 19*2 Supplesgat

26d

ml
223
:m\

399
2*0j|
XW'
2361

m

10)

*73li

Pepartateut etorest
Sales, unadjusted, tot^O. V*9«..l93^-39«10ii.
adjueted, total V. S . . . . . . . . . . , d o . . ' .

19^

19*7
february

19*7

February

January

r201

m

111

rl£
r23

rl68
r*0

r5

J
*03|

286
303
281
261
280

r*5
371
399
375

2801

2*5

875

390
353
375
.877

2701

207
251

ztk

809
865

km

So

MONTHLY BUSINESS STATISTICS - Continued
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 e e u e e
of t h e Survey and t h e 1 9 4 2 Supplement

19*7

1947

1946
Pebruary December

Pebruary

January

EMPLOYMENT CONDITIONS AND VAftSS
Late? f o r c e (Bureau o f t h e Census)? 1 /
Armed f o r c e s
C i v i l i a n labor force
Employment
,
Agricultural
Nonagricultural
Unemployment

January

1946
January

I November

BUSINESS INDEXES - C o n t i n u e d
5.240
53.890
51.240
6,940
44,300
2.650

1,890
58,430
56,310
7.21CA
49,1001
2,120

44,093
23,648
22,904
18,049
44,093
17.559
19.^891
15.537
15.895
1,014
,P7S"
24,1311
^3-3
p20.330l • 2 0 . 2 3 2
21.954
28,260f

45,006
24,093
23.350]
18,381
45,006
17.353
16.139

279,214
257,016
20,897
,1.301
3.510
2,702
118
3.875
3.678

259,149
233,06W
24.589
1,50a
3.615
i,58q
953
4,113
4,107

1 620l
58 OlOJ

thou*.
do...
do...
do...
do...
.do...

FINANCE
f e d e r a l R e s e r v e banks, c o n d i t i o n , end o f no?
Assets, total
mil. of dol.
See. bank credit outstanding, t o t a l . d o . . .
United States securities
do...
Gold certificate reserves
do...
Liabilities, total..
do...
Deposits, total
do...
Member bank reserves b a l a n c e s . . . . . d o . . .
Excess reserves ( e s t i m a t e d ) . . . . . d o . . .
fed. Reserve notes in c i r c u l a t i o n . . . d o . . .
Reserve r a t i o . . . . . .
percent.
Gold, monetary stock, U. S
mil. of dol.
Currency in circulation.
do...
Public finance (federal):
Debt, gross, end of month.
do...
Interest bearing; Public i s s u e s . . . . . d o . . .
Special i s s u e s . . . . d o . . .
Woninterest b e a r i n g . , , . . . . .
;..do...
Expenditures, Treasury, total
do...
War activities
do...
Interest on debt
do...
.Receipts, Treasury, total
.
do...
Receipts, net.
do...
Customs
do...
Internal revenue, total.....
do...
Income taxes
do...
Social security taxes
.do...
Bond pricest
Industrials, utilities, and railst
High grade (15 bonds),dol. per $100 bond.
Med. and lower grade,comp.(50 bonds)do...
Industrials (10 bonds)
do...
Public utilities (20 bonds). ....do...
do...
Railroads (20 bonds)
Domestic municipals (15 bonds)..
..do...
U . S. Treasury bonds (taxable)..
Bond yield»:
Domestic municipal* (15 bonds)t
Standard and Poor's Corporation..percent,
do...
U.S. Treasury bond* (taxable). .k
Stock prices?
D o W o n e s * Co.(65 stecks)...dpl. per share..
Industrials (.30 stocks/, f........... do...
Public utilities (15 stocks).
do...
Railroad* (20 stocks).....^'..
do...
New York limes' (50 stocks)............do...
Industrials (*5 stoctca).............do...
Railroads (25 stock*),.,.
.......do...
Standard and Poor 1 s Corporation:
Combined index (if02 stocks).. 1935-39=100.
Industrial* (3j4 *tock*)
..do...
Public utilities (28 stocks)
do...
Railroads (20 stocks)
...do...
Stock yields?
Preferred, high-grade (15 stocks)..percent).

55.520]
6,9201
US,6O0l
2,490]

24,848
24,117|
19.1131

• $4
261,413
233.17|
24,93f

3.*94a
1.4571
1241
4.6431

Km

'

36|
4,2741
3.2221
387|

>4

,r

. 5f i
24,945
^3-5
20,529
26,952

' ^,

2.790
310

2.971
2,336
89

104 ! 3

124.5
120.0
124.4
116.1
119.6
"" 4
lCtf!

121.5
115.9
123.0
111.9
112.9
133.4
IO3.9

1.991
2.21[

1.49
2.12

1.97
2.24

65.8;
181.5I
37.171
51 .'7H
122.291
204.621
39.771

74.74
199-46
40.01
65.12
136.66
223.25
50.57

63.97
174^8
51.16
36.77
113.34
197.29
39.59

128.
132
111.H

143.3
145.6
123.7
159.8

125.5
128.9
109.8
118.6

3-71

3.49

3,7*

3.179
73§

2.867
740

3,022
59§

122JI
116 .81
123.71
112.41
ll4.3f

:

us.a

TRANSPORTATION
freight earloa&ings (A.A.R.) 2/
Total cars.• .,,".'.,,,....
Coal.
Coke
.....,.,,,...
'
Forest products
,,,,
Grains and grain products
Livestock
,
Merchandise, l.C.1
Ore......
Miscellaneous
;

194?

S u r l i e r d a t a e r e a v a i l a b l e i n monthly i s s u e s
o f t h e Survey and t h e 1942 Supplement

do...
do....
do.. .'
do...
do...
do...
do...
do...

199
20d

4i
460
U

l

4

209
73
471
25
1.171

KXJDSTUFTS
Livestock slaughter (federally inspected)?
Calve*
.-...'
thous.' of animal*.
Cattle...,
........do...
Hog*
do...
Sheep and lambs
.do...

521
1.143
3.897
1.271

PETROLEUM AND COAL PRODUCTS
Anthracite, production.....thou*, short ton*.
.Bituminous coal, production
do...

4,24^
50,64d

427
1,015
4.696
2.196

4,786
r50,248

,63
P\

k

49|
1.4l6|
59y
1.352)

m
tk^M
1946

1947
January

166|
207|

January

BUSINESS INDEXES
Manufacturer* 1 order*, shipment*, inventories?]
Hew orders, index, total.avg. mo. 1939*100.
Durable good*
do,
nondurable good*
..do..,
Shipment*, index, total
do...
Durable goode.......................do..•
Automobile* and equipment •
.do...
Iron and steel and their product*.do...
Nonferroue m*tal* and product*..;.do...
Machinery, including electrical...do...
Transportation equip.,exe. a u t o c d o . . .
Other durable good*.,
....do...

2411
2681
2241
2731
294
2461
245|
389

188
176|
196
184
169
881
rl4l
172
199
572
176

r233

25*4

221
267
278
235
r237
r319

*M

1,720
57.790
55.390
6,500
48,890
2,4001

23.9J ,
18,627
>*5.957
18,928
16,063
631
24,387
43.0
20,748
es,265
259.776
233.601
24,776
1.399
3.005
1,412
3.860
3.820
>7j
3.1*15
2,664
58

122.6
116.3
123.5
lll.2|

Manufacturer 1 e o r d e r s , shipments, e t c - Con.
Shipments - Continued,
nondurable goods
a v g . mo. 1 9 3 9 » 1 0 0 . . |
Chemicals and a l l i e d p r o d u c t s
do...
Pood and kindred products
do,..
Paper and a l l i e d product*
do...
Product* o f petroleum and c o a l . . . . d o . . .
Rubber product*
.do»..
T e x t i l e - s i l l product*
do<>..
Other nondurable g o o d s . . . . . . . . . . . . d o . . . .
Inventories, index, t o t a l . .
....do...
Durable goode.....
do...
Automobiles and equipment
....do...
Iron and steel and their products.do...
Nonferroue metals and products....do...
Machinery, Including electrical...do...
Transportation equip., exc. autos.do...
Other durable goode
do...
nondurable goods
.do...,
Chemicals and allied products
do...,
Pood and kindred product*
do...,
Paper and allied product*.........do...
Petroleum refining
do...
Rubber products....'.'
'...«..
.do...,
Textile-mill products
do.,.
Other nondurable goods
do...,

195
203
218
182
161
229
178
184

2J7
261

235
208

I65J

*P
267

171
191
118

139
178
JOl
820
15*
193
197
. 207

135
223
579
119
165
170
157
111
174
136
180

I
213

p

26(H
25q
306
*24a
rag
313
r22l
24q
200
216
r259
r
r

id
2841
r781
1U7
187
185
199

m

P266
'255
r
307
*247
*236
r221
'251
'204
'221
'255

T

\n

'293
'817
'153
rl90
195
200
187
13*.

iti

215
173
207

r209

20,703
12.734
^19.350

31.802
12.173
*33.H7

7.838
6.U54
380,557

19.790
5.816
391,613

POODSTUPPS
Distilled spirits'?
,
Production
thoue. of tax, gal.
Tax-paid withdrawals..
do...
Stock*-, .end of month
do...
Whisky?
Production
.do...
Tax-paid withdrawals
do...
Stocks, end of month, .v.....
do...
Rectified epirite and wines, production,
total.....
...thoue. of proof gal
.i.
.do.
s'nisky., !

38,437
12,"498
454,426
24,983
, 5.952
408,517
13.829
12,528

*4

u:i

17,104
5.9;
350.U
13.4421
11,549

15,104}
13.^2]

13.903
12.17*

LUMBER AND MANUfACTUHES

11^.3, National. Lumber Manufaet»ui«rB A s s o c i a t i o n ?
Production, t o t a l
m i l . of bd. f t .
104.3
Hardwoods
do.
Softwoods
do...
Shipments, total..
do.*.
1.92
Hardwoods
do*..
2.21
Softwoods
...do...
Stocks, gross, end of month, total....do...
63.731
Hardwoods.....
do...
176.10
Softwoods.
do...
36.55J

49.56 I
PAPER AND PRINTING
119.06
199.92 Wood pulp?
Production,
total, all grade*...short tone.
38.21
Bl cached *ulphat e
do...
Unbleached
sulphate.................do...
125.2J
Bleached sulphite
do...
128.5
Unbleached sulphite.t
.do...
110.7
Soda
i
..do...
114.71
Oroundwood
do...,
3.74J Stocks, end of ma«, total, all grades.do...,
Bleached sulphate
do...
Unbl eached sulphate
do....
Bleached sulphite
.do...
Unbleached sulphite
do...,
3.166
Soda
.
do...,
759
Oroundwood
.do.. .>,
167
PETROLEUM AND COAL PRODUCTS
216
68 Crude petroleum?
Consumption
(run* to still*).thous. of bbl.
445
Production
.•
do...
.48
Stocks,
end
of
month?
1,409
Reflnable in U. S
4o«..
Heavy in California
.do...
Refined petroleum products?
Gas and fuel oils?
591
Production?
1,403
Gas oil and distillate fuel oil...do...
5,3441
Residual fuel oil
do...
1,542
Stocks, end of month?
Gas oil and distillate fuel oil...do...
Reeldual fuel oil....;
do...
Motor fuel?
r56
Production, total
.do...
Straight run gasoline.
.do....
Cracked gasoline
do...
Natural gasoline
do...
Stock*, gasoline, end of month?
finished gasoline, total
.do...
Unfinished gasoline
do...
r2]
Natural gasoline. *
do...
r26 3 |
Lubricant*?
r221
Production
do...
r276
Stock*, refinery, end of month
.do...
290
F352
TfilflLB PRODUCTS
r2

2,238
§83
1,655
2,438
590
1,84$
*S323
1,421
2,902

1,678
2.279
577
1,702
4,542
1,431
3,110

mf&wwM
87,489
350.376
159.378
75.161
42,343
167,258
75.233
7.527
8,560
19.713
8.599
2,431
26,094

p5b,004!
*230.19J
116,813
&.513

i
4

140,130
143,368

140,514
144.674

148,171
146,471

223,442

226.453

5.335

224,473
5.703

24,390
37.940

23.741,
33.0151

24,970
35.937

28,990
3»*.573

68,145
52.735

59.620
*7,094

62,126
23,234
31,067
10,12?

66,072
24,612
34,024
W.155

69.028
25.780
35.607
10,651

9fc.U5
8,279
5.03»»

79.9«0
6,607
5.W71

«*.53*
8,208
4,981

i
sf-

1
i

*75.135
??304,130

39.15*
149.558
r70,6O9
6,836
7.222
20,326
9.513
2,088
28.897

%
3.855
7.3W
?,'o4l
25.638

*.95*

m

7.3841

?3

r340 Hosiery?
r340
Production
thou*, of dosen pairs.
r560
Shipmente
..do...
r266
Stocks, end of month...
do...

14,592
12,083
13.339
12.751
13.627
r503
14,678
1
7
.
1
0
8
r270
t] Revised, a/ Data not available. 1/ See note on corresponding item in the monthly Survey. 2 / Data tot a l l months are for 4 week*. 3 / Include* production of defibrated
exploded, etcT, pulp a* followea January 19W. approximately 62,000 tones December 1946. 6 6 j 9 6 j January 194 7 , 7 o,000; data for this greie of pulp arVnot i S L u d e d t o S S
Movemoor 1946 figure above or in data previously published in the monthly Survey; etocke of such pulp are small.




©07]
278J

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