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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
Avoilobie only with subscription to the monthly mogozine SURVEY OF CURRENT BUSINESS

SELECTED

MARCH 14 0952

BUSINESS INDICATORS
BILLIONS OF K I L O W A T T - H O U R S

1935- 1939 * 100
300

9.0

250

8.0

200

7.0

ELECTRIC - POWER PRODUCTION
By UTILITIES

STEEL PRODUCTION
(Ingots and Steel for Castings)

• i960

N

150

6.0

too

5.0

JAN.

FEB.

~ MAR.

A P R . MAY

JUNE

JULY

AUG. SEPT.

OCT.

NOV

SEASONALLY ADJUSTED, 1947-49 = 100
160

BILLIONS OF DOLLARS, SEASONALLY ADJUSTED, AT ANNUAL RATES

* 300

DEPARTMENT - STORE SALES and STOCKS

250

140

200

120

150

80

100

1949

1950

I95i

1952

WEEKLY

1952

1950

1949
1

BUSSNESS STATISTICS

ITEll

1952

1951
Mar. 3

Mar. 10

Feb. 9

Feb. 16

Feb. 23

Mar. 1

Mar0 8

111.8
106.4
112.3
112.9
310.4
o398
2.50
240

• 111.7
106.3
112.5
112.7
307o4
.402
2.48
245

111.4
106.2
111.7
112.4
305.5
.399
2.48

28,493
23,883
19,787
564

Commodity prices, wholesale (revised series):
*l!6o5
*117 06
All other. e*.«««««. •••»••••««• ..««•«. «••*«••«•.•• ..do..».
Cotton, middling, 15/16", 10 markets %/
dol. per lb..
Wheat, No. 2, hard winter (Kansas City) ^....dol. per bu. .
Department store sales
......
«..«.... 1935-39=100..
Insured unemployment, total
«
Othous. .

388.3
iJ
2.40
288
1,028
985

Finance:
Orrrfincy 1n cir^"T at5 on 3/. 0 • . . • « »«*••«••••*• »mil. of* d<"»l« 27,214
.
23,188
Member bank reserve balances » » * o o •«*•••• ••*••« o ..... .do . « • .19,066
700
Federal Reserve reporting member banks in leading cities:
24,720
Bank debits, total
*
.....mil. of del..
9,169
50,649
69,501
30,791
Commercial, industrial, and agr. loans (gross )...do....
18,733
170
2.88
Bond yields, domestic corporate (Moody1 s) %/•
percent..
Stock prices, 416 stocks (standard and Poor's).. 1935-39=100..
173.7
188.1
Production:
1,894
6,822
167,055
Petroleum, crude £/
thous. of bbl..
5,934
223o5
786
402

*n?.n
*H7.3
382.9
.451
2.41
303
975
935

317.7
.415
2,50
251
1,350
1,307

315oO
.399
2.49
257
1,327
1,284

27,235
23,226
19,004
716

28,406
23,656
20,3^8
702

28,415
23,753
20,094
777

28,395
23,887
20,007
696

28,428
23,750
19,710
458

28,516
11,792
50,577
69,290
30,606
18,689
153
2.91
173.9
188.3

29,208
12,183
53,503
73,751
32,356
21,110
134
3.18
186.9
203.8

22,818
8,362
53,090
73,678
32,185
21,144
125
3.18
18600
202 o4

30,962
12,736
52,557
73,504
31,973
21,148
177
3.18
179.6
194.8

24,342
9,487
52,683
73,526
31,892
21,157
163
3ol8
180o4
195 o 5

1,680
6,795
170,044
5,964
226.2
750
392

1,764
7,456
95,410
6,265
234.1
734
369

1,766
7,440
105,480
6,259
232.9
738
376i

1,703
7,461
104,393
6,267
234-1
683
350

1,715
7,416
111,360
6,267
234.8
756
390

I/ Data do not always cover calendar weeks. £/ Thursday prices. JJ/ Daily averages. L/ No quotation.
* Monthly index for March 1951.




11,044

170
3.19
184.7
200 o 7

109,087
235.7

5/ Week ending March 15, 236.9.

MONTHLY BUSINESS STATISTICS
Earlier data are available in monthly issues of the Survey
and the 1951 Statistical Supplement

1951

January

February

1952

November

December

January

February

GENERAL BUSINESS INDICATORS
Personal income, seasonally adjusted, at annual rates:
Total personal income.
.
bil. of dol.
Wage and salary disbursements, total
do...
Commodity-producing industries
.do...
Distributive industries..,
do...
Service industries
do,..
Government.. ,
<•
do...
Wage and salary receipts, total
do...
Other labor income
do...
Proprietors' and rental income
do...
Personal, interest Income and dividends
do...
Total transfer payments
do...
Less personal contributions for social insurance....do...
Total nonagricultural income
,
do...

222.9

256.5
174.3
75.1
46.1
20.5
32.6
170.7
3.9
49.1
20.2
12.6
3.6
234.8

r258.6
r!75.4
r76.8
r46.5
r20.7
31.4
r!71.9
3.9
r49.8
r20.7
12.3
r3.5
r235.9

202.4

204.9

210.3

210.8

210.6

.mil. of dol..
do.»..
do....
do....
do....
do....

13,593
5,128
S ,465
18,455
8,257
10,198

13,321
5,049
8,272
19,044
8,484
10,560

12,492
4,036
8,456
18,280
8,385
9,S95

12,318
3,918
8,400
rl8,093
r8,2!8
r9,S75

12,642
4,147
8,495
18,121
8,230
9,891

1947-49=100..
do

%
125

90
115

134
112

183
109

83
108

thousands..
do....
...... .do....
do....
,
do....

61,514
59,010
6,018
52,993
2,503

61,313
58,905
5,930
52,976
2,407

63,164
61,336
7,022
54,314
1,828

62,688
61,014
6,378
54,636
1,674

61,780
59,726
6,186
53,540
2,054

61,838
59,752
6,064
53,688
2,086

47,438
* 23,0/51
21,484
21,160
47,738
20,998
18,984
937
23,026
48.1

47,368
23,188
21,881
20,852
47,368
20,704
19,066
700
23,110
47.6

49,046
24,734
23,239
21,166
49,046
20,945
19,670
490
24,680
46.4

49,900
25,009
23,301
21,468
49,900
21,192
20,056
389
25,064
46.4

48,941
23,783
22,729
21,731
48,941
21,004
20,077
634
24,405
47.9

49,323
23,904.
22,528
21,992
49,323
21,336
19,982
p702
24,423
48.1

256,125
253,704
219,712
33,992
2,421
18
22,392
27,048

255,941
253,382
219,44-8
33,933
2,559
18
22,086
27,138

259,604
257,253
221,391
35,862
2,351
43
22,382
28,809

259,419
257,070
221,168
35,902
2,348
42
22,695
29,206

259,775
257,482
221,249
36,233
2,294
38
22,951
v
r2S ,386

260,362
253,136
221,776
36,360
2,22.6
37
P23,190
p28,464

64,2%
57,592

64,539
57,881

67,476
60, 5H

67,983
60,919

68,554
61,385

r56,887
37,593
r!4,067
11,865
10,192
r3,010
rlO,323

57,131
37,577
13,916
11,718
10,225
3,005
10,431

59,556
37,759
12,060
9,329
10,703
3,111
11,885

60?350
38,056
11,767
9, 561
10,814

863
13,573
rl,170
r!2,403
2,078
1,286
rl,494

792
13,848
1,1%
12,652
2,089
1,2%
1,529

15,851
1,333
14,512
2,190
1,408
1,497

59,999
. 37,946
11,871
9,657
10,781
3,134
12,160
,
16,027
1,350
14,676
2,193
1,426
1,559

243.6
161.6
71.7
44.3
19.9
25.7
158.0
3.7
50.5
18.8
12.6
3.6
221.4

243.3
163.4
72.4
44.5
19.8
26.7
160.0
3.8
48.2
19.2
12.1

3.4

257.3
175.6
76.5
46.7
20.7
31.7
171.9
3.9
49.6
19.4
12.9
4.1
235.5

C01-2-10DITY PRICES
Retail price, U. S. Department of Commerce:
All commodities, index...
..

.1935-39=100.

DOMESTIC TRADE
Retail trade, all types of retail stores:.
Estimated sales (adjusted), total
Durable-goods stores
,...,.,,
Nondurable-goods stores
Estimated inventories (adjusted), total
Durable-goods stores
Nondurable-goods stores
Department store -sales, United States total:
Unadjusted index
Adjusted index

P83
p!05

EMPLOYMENT
Labor force (Bureau of the Census):
Civil ian labor force
Employed
Agricultural employment
Nonagricultural. employment
Unemployed
,
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
,. .do....
Member bank reserve balances...,,............,»*.,do;...
Excess reserves (estimated)
,
do..,.
Federal Reserve notes in circulation.........e
.do.,,.
Reserve ratio,
.....,..,
,. .do.,..
Federal Governmanc finance:
Gross debt (direct), a.'id of month.
,,
do.....
Interest bearing, toi.nl,,
do..,.
Public issues.',
., .
.do
s
Special issues
do....
Noninterest bearing....
....,.,.
.do.,..
Obligations guaranteed by U. S. Government
.......do....
Gold, monetary stock, United States....
.do....
Currency in circulation.
,
do„...
Life insurance, assets, admitted:
All companies (institute of Life Insurance)
Total
,
.do. ...
Securities and mortgages
,...,
do ,..•
49 companies (Life Insurance Association of Ar.if3.rica):
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
Mortgage loans, total
Farm
Other.
Policy loans and premium notes
Real-estate holdings
.
Other admitted assets
.
r/ Revised, jo/ Preliminary.




„
."

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

924
16,185
1,357
14,528
2,199
1,432
1,554

MONTHLY BUSINESS STATISTICS —Continued
IS>52

1951

Earlier data are available in monthly issues of the Survey
and the 1951 Statistical Supplement

January

February

November

December

January

February

FINANCE - Continued
Bonds :
Average price of all listed bonds (N.Y.S.E.) I/. . . .dollars. .
Value, issues listed on New York
Mark°t value alii issues
Domestic

101.18
101,69
71 .71

Stock Exchange: I/
• • • mil of dol. .
do. •

]?QppT orj}

do »

••

Face value all issues
do.
Domestic
do . •
Foreign
do»
Stocks :
Cash dividepd payments publiclv reported
do
Finano e
.* ..
*...«....«»...... do • • « •
Manufactvrinsr • •
•
.do. . . •
Heat IT ght and power. . *
Railroad
•
Trade

.do. » . •
do » • • •
do ....

«»••*.>•««.
,

100.90
101 . 38
72.56

97.82
98.30
72.65

97.43
97.92
72.44

98.01
98.49
73.48

116 165
114, 54.1
1,374
114,8r>8
112 643
1 9"i6

115,801
114,163
1,389
114,769
112 605
1,914

97,1^1
95 427
1,339
99,318
97 075
1 843

9^,634
93 9?0
1,3^2
98,158
95,920
1,839

96,269
94, 537
1,349
98,?21
95,985
1,836

4.9-4 1
105.9
174.0
4.0
72.?
49.5
12.8
64.9
1C. 8

214.2
39.5
105.2
1.8
.7
41.5
8.0
15.2
2.3

224.0
43.5
106.1
1.2
.7
49.4
10.9
8.2
4.0

1,805.0
212.6
1,128.9
151.4
36.8
80.9
69.5
80.4
44.5

505.7
107.4
169.6
4.7
83.4
53.2
17.8
56.8
12.8

100, 246
2, 391

106, ^09
2,604

109,484
2,616

2,700
546
61
164
182

3,155
642
66

3,522
760
8?
198
240
46
118
331
1,747

2,828
627
66
165
197
34
70
263
1
,405

2,886
587
65
172
195
33
76
294
1 463

7,855
1,456
298
3,C89
1,201
2 336

11,255
3,3%
3 859
3,906
i ,430
2 014

8,185
1,012
2,084
3,992
1
,747
1 550

Shares listed on New York Stock Exchange:
99,3/0
Number of shares D i sted
TRANSPORTATION
Freight carloadings:
Cars , total (A ; A . R . ) 2/
Coal

thousands . .
do ....

Livestock
Ore

do ....
do ....

Freight-car 'surplus and shortage, daily average:
Car surplus

number . .

Coal cars
Car shortage
Box cars

.do. ..•
do ....
do ....

ELECTRIC POWER
Electric power, production, total
Utilities
Industrial establishments
FOODSTUFFS AND TOBACCO
Distilled spirits:
Prndl2f»t1 OH,. f . T - T T - T T T T T T T T

?,384

mil 11 ons . .

tt.

<•

. ,T.

-T

mil. of kvr.-hr. .
do. ...
do. ...

, T t?l ™ ' f? O

O f*

tflX

Pfll »

t

3,009

111 , 580
2,627

632
64
187
2L4
38
68
308
1,498

65
284
1,373

210
51
202
285
1,5?4

5,677
705
1,138
19, 267
12,006
6 5?8

2,680
87
572
29,977
19,449
8,518

3,375
203
4
8 , 586
2,459
5 311

36,726
31,418
5,308

33,102
28,219
4,883

37,313
32,095
5,217

38,459
33,143
5,316

39,710
34,203
5,507

36 057
16,979
808,869

28,^71
13,612
820,129

2S , 840
li , 058
917,249

i Q, 382
7,746
925,197 '

17 0°6
6,592
932,563

16,?35
7,811
707,673
12,238
11,170

10,831
6,679
756,521
9,518
8,502

10,463
4,682
760,803
7,349
6,516

9 548
4,095
765,029
5,094
4,348

19,876
18,733
4
.
4
83.3 + 8
403,215
373,358
43,591
46,684

18,386
8P.O
375,647
43,333

21,212
86.4
429,000
49,683

3,508
23,847
367,906
14,353

33,383
494, 556

24

175

Whisky:
20 159
Tax-paid withdrawal s
do ^ ...
9,770
Stocks , end of month
do ....
701,635
Rectified d5 stilled spirits, prod., total. . .thous.of proof gal,.
14,845
Whisky. . . ,
do. . . . 13,524
Wheat flour:
Production:
Flour
thous. of sacks (100 Ib. ) . . 22,?09
89.8
Operations, percent of capacity.
.
Offal
short tons . . 443,065
51,558
Grindings of wheat
thous. of bu. .
Tobacco, manufactured products, consumption (withdrawals):
? . 'v.y.
Cigarettes small tay—free. .
«.. .millions •

Cipars , tax— pai d
thousands . •
Manufactured tobacpo and snuff, tax—paid. .. «, .thous. of Ibs*
LUMBER AND MANUFACTURES
Lumber (National Lumber Manufacturers Association) :
Production, total
mil. of bd ft. .

Softwoods

do....

33^474
458,877
20, 360

3,005
713
2 292 i
3,199
705
2 494
6 552
2 299
4,253

3,003
28,857
435,074
17,765

2,763
634
2,129
2,884
688
2 1%
6 431

3,708

33,994
55A 3/1

o/ rvr?
<iq->UU;>

3,210

686
2,524
3,163
690
2,473
8.2AO

9 9/J.

? i/a

4,187

5,092

2,632
645
1,987
2,541
600
1.941
r8 "W.
r3,193
5,171

19 L^C)

2,797
611
2 186
3 021

619
2 A02

8 311
3 186
5,125

r/ Revised. I/ Includes bonds of the International Bank for Reconstruction and Development not shown separately. 2/ Data for December
1951 are for 5 weeks; other months, 4 weeks.




MONTHLY BUSINESS STATISTICS —Continued
Earlier data are available in monthly issues of the Survey
and the 1951 Statistical Supplement

1950

December

1952

1951
January

October

November

December

January

PETROLEUM AND COAL PRODUCTS

Bituminous coal:
Industrial consumption and retail deliveries, total
thous. of short tons..

Cement mills

.......,»..>.*

do. . . .

Stocks, industrial and re^ail dealers, end of month, total
thous. of short tons..

44,875
35,5%
980
8,473
799
9,024
5,615
795
9,910
9,279

r47,623
r36,924
1,105
8,633
745
9,286
5,717
848
rlO, 590
rlO,699

r40,002
r33,244
971
8,691
728
9,236
4,252
625
r8,741
r6,75S

r41,435
r34,C27
933
8,367
781
9,382
4,344
705
r9,515
r7,408

r42,803
r 34, 660
r971
8,670
758
9,267
4,463
758
r-9/773
r3,143

44,277
34,888
991
8,758
740
9,540
4,301
775
9,783
9,389

72,516
70,054
16,776
1,369
27,121
5,105
1,012
18,671
2,462

74,006
71,766
16,960
1,418
27,006
5,311
1,074
19,997
2,240

78,019
76,OSO
34,953
1,420
34,162
4,126
1,155
20,264
1,939

77,858
75,948
15,123
1,508
34,104
4,163
1,151
19,899
1,910

76,636
74,886
15,270
1,424
33,398
4,172
1,181
19,441
1,750

74,431
72,800
13,823
1,373
32,692
4,161
1,213
19,538
1,631

rl77,460
190,448

183,110
199,958

197,610
199,826

188,3^9
198,258

191,650
206,032

248,463

243,107

262,266

261,100

255,733

41,628
40,475

44,244
42,397

40,159
37,944

40,726
39,111

44,693
40,693

58,424
40,317

102,561
48,415

94,917
45,378

80,785
42,063

5,061
8,160

5,432
8,9U

5,344
9,111

5,157
9,617

94,132
83,773
17,334

98,510
86,942
18,167

95,859
84,976
18,191

100,039
88, £00
18,941

120,473
8,006
7,474

101,837
6,963
9,003

105,117
6,911
8,379

117,235
7,747
8,134

1,252
162,222
467,746
169,6%
68,152
34,931
197,756
84,495

rl,354
r!80,556
r532,234
r198 , L49
r67,478
r38,821
r215,598
52,000

1,470
198,261
570,792
209,922
68,807
39,939
214,370
85,319

1,416
197,916
548,166
205,199
61,363
37,957
r203,712
83,192

rl,277
167,475
490,399
191,314
62,126
35/526
rl92,799
177,195

1,438
201,804
560,122
208,833
63,251
39,480
206,886
83,109

81,974
10,162
9,708
13,534
12,525
1,040
33,043

r93,842
r!2,017
9,441
r21,844
33,354
597
r35,569

106,227
13,650
12,871
26,290
13,012
1,129
34,432

102,792
34, -142
12,413
23,293
11,480
1,927
34,880

rl07,057
r8,7l3
rll,462
29, 508
12,184
1,816
r37,%9

108,352
11,150
12,583
26,472
11,240
1,540
39,210

19,116
12,477
13,018
3,925

17,434
32,237
18,222
5,473

22,797
r26,139
6,945
3,544

20,736
18,001
9,916
3,882

19,874
11,790
r!7,999
r4,711

17,039
12,6%
22,336
7,028

9,321
9,153
6,776

10,279
9,499
7,240

9,341
8,948
9,884

7,804
7,714
9,710

7,603
7,568
9,453

8,903
8,484
9,599

12,817
3.1,842
25,456

r!5,423
rL4,945
r25,934

13,558
14,302
28,643.

12,401
13,748
27,297

11,490
11,459
27^328

13,945
13,366
28,778

Crude petroleum:
Stacks, end of month:
Refined petroleum products.'
Fuel oil:
Production :
Distillate fuel oil. •,....*...••

•

do*...

Stocks, end of month:1
Distillate fuel oi" .a.*.. *.......«...«.«*.«««..«» .do. . . • 71,948
40,750
Lubricating oils:
5,068
7,849
Motor fuel:
r90,924
Gasoline and naphtha from crude petroleum. . . .o0. do.... 80,229
Natural gasoline opd allied products* »
*»...do...0
r!7,222
Stocks, gasoline£ encl of month:
108,669
8,100
7,355
PULP, PAPER, AND PRINTING
Wood pulp:

Stocks, end of month- total. , all grades........ .,...„. do... .

STONE, CLAY, AND GLASS PRODUCTS
Portland cement:

Glass containers:

TEXTILE PRODUCTS
Hosiery:

r/ Revised.




.