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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE OFFICE OF BUSINESS ECONOMICS Available oniy with subscripfioivto^the monthly magoiine SURVEY OF CURRENT BUSiNESS MARCH 28. 1952 SELECTED BUSINESS INDICATORS 1935- I9SS * 100 BiLLtONS OF KILOWATT-HOURS 3.00 r 9.0 STEEL PRODUCTION (Ingots and Steel for Castings) ELECTRIC - POWER PRODUCTION By UTILITIES 8.0 •\ 7.0 6.0 i960 5 GO ' > ' '.J.L-.U..I...I..'.J_J_i._LJ...Li.L.Li-i_L'.L.L.Ll_.!.J_Li.1 ' LA J J jJ 1 ' J_j J_1JM ' ' ' ' I 5.0 I < < » i s i < ! J I ! I ! ! i I ! i I I I I I i I I I i i I j i I ! I M I ! ! i ! I i i I ! 1 ; 1335-39 = 100 £6O HOURLY EARNINGS and HOURS J 40 j 1943 1950 !95I !952 ! OOl.JU_.LJ_i..l i i ! i i I i i i » i I I l ' I I I t ' ' ' » > ' i ' ' « 1951 1949 I95O STATISTICS4 WEEKLY lc?51 1952 O.TEM Mar* 17 Commodity prices, wholesale (revised series): All commodities* • * « • • * • • • < » » « < • , « « * • » . « « * « • • « . < » * « * 1947—4^=100* « *ft»*«<j«a ?8 commodities 2/.. .**.**«**. .«**«*.«.»..**August 1939<LOO.» ^79.1 Cotton, middling, 15/16", 10 rsarkets J/, . . . * . *dol. per lb.. •451 2.40 Tvheat, No. 2f hard winter (Kansas City) J/.»«*dol. per bu*«. 292 938 901 Finances 27,185 23,652 19,498 1,042 Federal Reserve reporting member banks in leading cities: ?B,062 Bank debits total** • « * » « • * « » • « * « * • « • •••««*Bix» of dol«« 12,320 51,826 69,538 30,782 18,956 Coinmercial Jndust^^al* and apr* loans \ cross) *»*do***« Fp.iltires, industrial and commercial. ••••.•«»«*»#**»««number»» 185 Bond yields, domestic corporate (MDody's) ^.^ percent*. 2.95 168.0 Stock prices, 416 stocks (Standard and Poor* a)., 1935-3^=100.* 181.7 Production? . 1,664 6,903 ^ i^o t^ric pows2*, by utilities • • < > • * • < > • • • • * « • •idil • of kw«-»hr* . Hr^tor vehicles (Ward1 s) 0 . •*•*.. ••••••o». « • » « « . ••••.number** 172,383 5.959 224.2 Steel 4/.»«« * .1935-39=100.. 745 390 I/ Data do not always cover calendar weeks. 2/ Thursday prices. for torch 1951. ** Monthly index for February 1952* 36 !952 8 y>zr. 15 Mar* 22 310,4 .398 2.50 240 1.325 1,280 **112.6 **107.8 **109»7 **114.3 307.4 .402 2.48 245 1,295 1,253 111.4 106.2 111*7 1 l?./i 305.4 .399 2*48 254 111.6 107.0 109.0 113.1 304.3 .402 2.50 261 111.8 108.1 109^3 113.2 304^0 .414 2.51 27,133 23 607 19 301 577 28,395 23,887 20,007 6% 28,428 23,750 19,710 458 28,493 23,883 19,787 564 28,477 23,778 19,783 576 28,380 24,216 21,038 1,457 32,163 13,1*55 50,321 70,447 31,198 19,173 170 2.98 171.1 18*>*3 30, %2 12,736 52,557 7% 504 31,973 21,148 177 3.18 179*6 194*?* 24,342 9,487 52,683 73,526 31,892 21,157 163 3.18 1B0.4 195.5 28,270 11.044 52,625 73,423 31,718 21,155 170 3.19 1B4.7 200.7 26,174 10,712 53,406 73,641 31,854 21,237 156 3.19 185.2 201.4 1,698 6,848 167,431 5.953 226.4 749 394 1,703 7,461 104,393 6,267 234.1 683 350 1,715 7,416 111,360 6,267 234.8 756 390 1,653 7/97 107,244 6,321 235.7 1.628 7.414 112,266 6,306 236.9 709 369 Feb. 23 Mar. *116.5 *117.6 ^11?. 0 *117.3 37^.^,451 2*39 304 920 884 s«. * < • • » * Mar, 24- 1 Mar. 368 13,119 181 3.18 185.7 202.0 114,950 238.3 Daily averages. £/ Week ending March 29, 238.7. * Monthly index MONTHLY BUSINESS STATISTICS Earlier data are available in monthly issues of the Survey and the 1951 Statistical Supplement 1951 January 1952 February November 775 63 97 132 410 73 21,685 1,482 2,393 5,175 10,376 2,259 599 59 60 107 304 69 16,009 1,399 2,228 6,134 4,357 1,891 587 48 68 106 307 58 17,567 952 3,740 6,158 4,369 2,348 612 48 71 131 2% 66 19,403 1,874 2,251 6,515 5,177 3,586 671 50 68 143 348 62 26,208 4,249 2,672 8,365 7,761 3,161 619 52 70 133 304 60 19,474 1,649 1,935 5,614 6,548 3,728 181.5 198.5 221.9 185.4 202.6 214.1 263.6 343.3 97.2 202.3 207.4 133.2 162.1 183.8 202.0 226.0 187.1 204.4 224.3 270.1 143.9 97.2 204.5 209.7 134.0 163.2 188.6 207.6 231.4 190.2 210,4 223.5 273.5 144.8 97.4 206.3 210.8 138.9 168.4 189.1 206.8 232.2 190.4 213.2 236.5 270.1 144.9 97.5 206.6 210.2 139.2 169.1 189.1 204.6 232.4 190.6 215.8 241.4 272.1 145.0 97.6 206.8 209.1 139.7 169.6 3/187.9 204.3 227.5 190.9 217.0 223.5 271*1 145*3 97.9 206.7 208.6 140.2 170.2 115.0 112.3 90.8 99.4 112*8 110.2 106.4 105.8 105.8 112.2 116.6 111.4 119.9 95.9 116.2 105.2 106.1 106.4 106.5 98.5 104.0 109.9 114.2 107.7 117.4 92.6 116.5 117.2 97.8 102.2 120.9 112.9 107.8 107.8 106.8 117.4 117.2 112.6 120.5 95.9 123.4 105.4 109.4 107.4 110.6 99.6 104.7 109.9 114.6 107.9 117.6 92.6 113.6 112.0 106.9 103.9 108.5 lil.O 107.8 111.1 106.1 115.8 114.5 108.6 120.9 95.0 65.2 108.1 109.8 106.9 108.8 98.0 99.2 110.9 113.5 r!13.0 r!2l.5 103.6 106.7 rliO.l 107.5 rl!3.2 r!05.7 113.5 114.3 106.7 118.1 94.8 107.9 115.5 93.0 117.4 105.1 107.5 110,7 107.9 113.0 106,2 113.6 U4.6 108.4 120.8 95.2 61.5 108.9 109.9 107.4 108.9 96.0 r!06.6 110.8 112.7 108.2 315.1 93.0 r!09l4 rl09.3 107.4 108.8 98.0 106.6 HO.S rll2*3 rl08«Q rll3«6 93.1 112.6 107.8 112.6 101.7 106«2 109.7 107.4 114.9 104.3 110*8 114.3 106.0 117,5 93*7 51.2 109.6 109.0 107.2 108.8 98.0 106*6 127.3 122.3 14-0.9 137.3 125.5 125.6 117.3 118.4 123.1 121.6 109.1 124.0 114.5 124.5 126.0 113.6 121.3 112.1 117.4 120.1 117.1 r!53.0 133.9 114.6 104.1 118.9 138.6 127.7 124.7 134.8 137.7 126.4 126.4 117.7 120.2 123.6 121.8 109.5 123.7 114.7 123.5 126.7 113.7 121.4 112.4 U7.4 r!20.5 117.1 r!52.5 133.9 115.7 104.4 119.2 146.3 107.0 118.0 87.6 100.3 121.1 120.8 120.5 120.2 123.8 122.1 116.4 122.5 114.4 123.1 124.1 113.6 121.4 U2.4 117*7 118.4 122.4 146.3 133.9 103.9 102*3 102.3 323.2 105.1 116.5 81.7 98.7 120.3 120.4 120.7 120.2 124.0 121.8 116,6 122.5 114.5 123*1 124.2 112.8 121.4 112.4 117.7 13IU 122.4 145.9 133.4 104.0 102.1 103,3 325.3 rl02.2 115*9 69.7 r97.0 r!20.1 320.4 r!20.8 r!21.5 324.6 r!21.5 rl!7.1 322.4 r!34.0 123.1 r!24.2 rl!2.9 121.4 112.4 117.7 118.2 122.8 x-144.1 133.4 rl03.3 rl01.7 rl02.8 126*0 December January February BUSINESS PORJUTICN Industrial and commercial failures; COMMODITY HaCES Wholesale prices (U. S. Department of Labor), indexes: Fruits and vegetables, fresh and dried... .do.... Fruits a:id vegetables, canned and frozen. '........ do.... Commodities other than farm products and foods*... «,do.... Drugs, Pharmaceuticals, cosmetics Fuel, power, and lighting materials Furniture and other household durables do.... do.... ..•••. do.... Radios, television, and phonographs............ do.... Agricultural machinery and equipment....; Construction machinery and equipment Electrical machinery and equipment Pulp, paper, and allied products.... do.... do.... do.... do.... r/ Revised. I/ Index on old basis for February 1952 is 188.3. ns.? in.3 no.o czT o no ,4 112.3 loe.'o 113.5 93.1 99*7 rus»5 63.7 89.9 120.4 120.6 321.9 121.8 124.9 121.6 320.0 322*6 114.0 323.2 125.1 112.9 121.4 112.4 117.7 3IUU4 223*7 343.1 133*4 102.1 101*6 101.2 rto.? MONTHLY BUSINESS STATISTICS —Continued Earlier data are available in monthly issues of the Survey and the 1951 Statistical Supplement IS>52 1<»51 February November 103.1 153.8 108.4 107.0 105.7 103.9 160.1 108.4 107.0 105.7 91.5 5,650 200 3.199 2,252 4,836 1,222 2.400 I.?!/* 3,757 671 1.814 1,271 296,659 88,572 208,088 253,570 77,573 175,997 398,865 121.494 277,371 45,246 15,784 932 2,281 45,390 15,978 930 2,228 4,082 9.554 1,839 4,657 6.122 13,186 7,371 27 736 324 473 1,153 852 1,215 716 1.233 215 427 5,815 1,099 80 1,269 1,115 423 510 532 191 p46,852 P15.890 r9l7 P2,633 P4,165 rlO,109 pi 907 pA.734 6.497 r!2,904 p7,314 50 P719 294 472 rl,149 p805 1,255 P718 rl,234 230 P388 r5,590 rl,l60 85 pl,132 rl,008 January December January February COMMODITY PRICES - Continued Wholesale- prices (U. S. Department of Labor), indexes - Con. Commodities other than farm products and foods - Con. Textile products and apparel - Continued Tobacco manufactures and bottled beverages,.. ....do.... 107.5 105.9 91.7 120.3 108.1 105.9 91.4 rllS.O 108.1 105.9 107.3 89.9 314.4 111.0 m.5 2/413 2/2.197 2 A. 549 3,487 621 1*497 1.369 3,723 879 .* 988 1,856 477,842 1/6.189 331,653 248,926 63,912 185,014 246,182 67,879 178.303 p47,592 r!5,912 p915 p2,524 p4,151 rlO,646 rl,9U 4.702 6,831 p!2,9U P7,325 P52 p695 294 465 pi, 164 p808 1,270 r725 rl, 239 r232 P381 r5.586 pl,123 84 p45,903 rl5,776 p909 1-2,316 r4,109 p9,706 pl,906 105-0 icy/. 3 CONSTRUCTION AND REAL ESTATE Highway concrete pavement contract awards: I/ Total....... .««..... «*« thous. of sq. yd.. DOMESTIC TRADE Mail-order and store sales, total, 2 companies. thous. of dol«. EMPLOYMENT AND WAGES Employees in nonagricultural establishments: 4,072 Production workers in manufacturing industries, total. .do.... Lumber and wood products (except furniture). .......do.... Miscellaneous manufacturing industries.. . . . . . . . . . . . do.... Apparel and other finished textile, products. . . . . . . . do.... Printing publishing, and allied industries........ do.... Hours and earnings: Average weekly hours per worker, all manufacturing.. hours.. Average hourly earnings, all manufacturing........... do.... Lumber and wood products (except furniture )...... do.... Mi scellaneous manufacturing industries . . . . . . . . . . .do .... 9,592 1,831 4,666 6,088 13,018 7,256 25 739 321 473 1,149 847 1,192 711 1,175 211 413 5,762 1,120 80 1,257 1,070 423 510 526 190 222 364 41.0 41.5 40.2 63.76 67.65 58.53 1.555 1.630 1.656 1.376 1.362 1.526 1.789 1.622 1.716 1.556 1.806 1.574 1.389 1.456 1.438 1.140 1.320 374 40.9 41.6 40.0 63.84 68.18 58.32 1.561 1.639 1.661 1.386 1.378 1.529 1.779 1.635 1.726 1.569 1.815 1.589 1.404 1.458 1.440 1.139 1,322 P519 P542 r!97 P219 P317 Pl^033 409 519 538 1% p219 323 40.5 P41.5 39.2 P65.85 P71.05 P59.07 rl.626 pl.712 pl.724 Pl.499 rl.431 1.590 rl.826 1.689 1.797 pl.653 rl.893 pl.670 1.446 rl.507 pi. 508 pi. 177 rl-^5 41.2 42.2 39.9 p67.40 P72.71 T«6o A9 rl.636 pl.723 pl.720 Pl.465 pl.439 1.589 rl.843 1.700 pl.816 pl.659 pl.907 pl.681 Pl.465 pi. 516 rl. 516 pi.< 180 t»l ?AO pl5!si9 p905 P2.276 D&..105 pi 919 SL 667 6*509 p!2,775 r7,269 p657 r293 451 rl,l63 p807 pi, 276 p723 pi. 240 P231 P374 p5,506 rl,068 p82 rl,133 pl,026 r>6 /Of) p!2,803 P7.286 0651 n4/£ pi. 162 p810 pi. 281 pi 2A5 n232 P382 P5.517 nl.06/. p80 pi. 120 pl,049 y/Q/ 534 536 p!93 p219 P331 P511 P539 n!93 P216 P40.9 P41.9 39.5 r67.08 P72.28 p60.Q4 rl.640 1.725 pl.737 P40.8 pl.638 pl.723 pl.755 pl«443 ril ,/iA3 rl.847 pl.703 rl.820 pi .669 1.914 pl.687 txL.831 pi. 520 P39.5 p66.83 P72.02 TD60-QA T31-.706 nl 668 pl.903 nl 120 nl 528 pi 179 nl Iftl i»l 1A& P^.^HH r/ Revised, p/ Preliminary. I/ Data for January and November 1951 and January 1952 are for 5 weeks; other months 4 weeks. 2/ Includes some contracts awarded in prior months but not reported. %/ Except ordnance, machinery, and transportation equipment. MONTHLY BUSINESS STATISTICS —Coni'nued Earlier data are available in monthly issues of the Surrey and the 1951 Statistical. Supplement 1952 1951 January February November December January February EMPLOYMENT AND WAGES - Continued Hours and earnings - Continued Average hourly earnings - Continued Nondurable-goods industries - Continued Apparel and other finished textile products, «• dollar s«« nl.2V4 pGL.564 P2.008 pl.656 P2.0Q5 pl.819 pl.297 1.285 1.506 1.908 1*595 1.941 1.653 1.248 1.290 1.506 1.933 1.607 1.932 1.629 1.261 rl.271 rl.548 rl.992 rl.644 rl.997 rl.715 rl«288 rl,281 1*559 r23021 rl.652 2.005 rl.788 1*287 rl.294 rl.563 r2.002 1.655 r2*0!9 1.819 rl*29l 45,784 43,313 34,884 32,227 41,306 42,164 10,057 1,251 21,162 6,023 3,651 3,047 277 2% 39,601 9,371 1,156 20,154 5,5Pf> 3,334 3,158 278 276 29*462 7,?39 1,097 13,711 4,290 2,625 4,930 180 312 28,794 7,023 1,068 13,740 4,356 2,607 3,032 176 225 38,290 8,577 1,263 19,676 5,623 3,151 2,511 216 289 7,327 30,227 25,658 4,569 6,905 767 155 320 744 631 158 1,977 184 237 409 408 51C 6,435 24,123 20,324 3,799 5,776 644 141 258 631 522 115 1,641 167 197 353 299 442 7,624 49,099 42,258 6,841 6,509 778 155 283 734 666 136 1,693 165 184 421 327 479 7,639 43,711 37,315 6,3% 6,411 748 162 313 777 70S 146 1,590 154 180 £09 352 441 7,527 35,927 30,369 5,558 6,589 797 168 285 811 707 156 1,644 ISO 1S6 427 298 477 21,262 51,520 19,458 52,712 19,335 68,584- 11,168 69,677 11,318 73,039 4,6V5 3,028 4,33-L 3,099 3,512 7,572 2,470 7,784 a, 382 65,856 63,833 61,006 62,963 58,550 64,586 35,843 63,705 71,886 38,033 39,830 76,102 40,256 45,748 77,518 453,019 423,343 ' 118,818 425,097 400,833 343,062 471,732 491,020 128,078 435,287 461,455 101,91Q 470,456 445,212 127,154 457,835 4*1,349 H3,&40 345,552 92,959 93,259 336,568 84>619 85,134 402,829 95,847 99,301 387,783 91,763 91,721 345,315 97,216 95,046 34^,630 94,759 %,982 7,941 346,258 93,866 7,426 331,440 111,019 7,526 436,244 107,144 7,568 430,431 91,765 9,738 460,378 89,491 7,515 475,502 99,741 1,047,275 898,991 730,817 672,715 932,559 768,889 22,292 20,900 13,273 542 12,459 146 22,221 20,835 11,069 563 10,394 152 21,758 20,519 9,050 464 8,486 125 21,516 20,264 8,336 439 7,823 318 21,360 20,102 11,399 465 10,686 126 21,126 19,854 9,265 471 8,6% 127 LEATHER AND PRODUCTS Shoes, sandals, and play shoes, except athletic, total thous, of pairs, « Athletic.... <,.......«..•.<......••••••• ••<> do..*. METALS AND MANUFACTURES Iron ore (Lake Superior district): Steel products, net shipments, total... thous. of short tons.. P? ri tnb •••••••••••• * * Boilers, radiators and eonvectors, cast iron: Boilers (round and square): Shipments ..«•••..«... ••.<>«.*•• ...*«* »thous« of Ib* . Radiation: Shipments. « .0..... . . . . . . . ^... ....4. ....thous. of sq. JL&»« 7,229 29,207 24,693 4,514 • •«••*«.*.» 2,784 Oil burners: PAPER AND PRINTING Newsprint, Canada (including Newfoundland): Newsprint, United States: Stocks, end of month: TEXTILE PRODUCTS Cotton: I/ Manufactures, spindle activity (cotton system spindles): Active spindles, last working day, total thousands «« Spindle hours operated, all fibers, total.., anil, of hr,« r/ Revised, £/ Preliminary* i/ Data for January 1951 and 1952 cover 5 weeks; other laonths, 4 yeeks*