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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE OFFICE OF BUSINESS ECONOMICS Avoiloble only with subscription to the monthly mogozine SURVEY OF CURRENT BUSINESS March 5, 1954 * * * * This Supplement provides selected weekly data and monthly data subsequent to those published in the latest monthly SURVEY * * * * WEEKLY BUSINESS STATISTICS1 1953 1954 1953 1954 1 TPM 1 TFK/I Commodity prices, wholesale: A l l commodities. . 1947-49= 100 Farm products do. . Foods, processed , .do. . A 1 1 other do. . 22 commodities 2/ do. . Department store sales. . .do. . Insured unemployment, total thous . State programs do. . Failures, ind. & comm. . number Bond yields, domestic corporate (Moody 's) 3/ percent Feb. 28 Feb. 13 Feb. 20 Feb. 27 *I09.6 *97.9 *I05.2 *l 13. 1 89.7 **85 1 10.5 98.2 104.7 1 14.4 88.4 91 1 10.5 98.0 105. 1 1 14.4 87.8 87 1 10.5 98. 1 105.2 1 14.3 87.9 ** 1 , 1 89 *» 1 , 1 00 178 #2 , 370 #2, '78 277 2!5 204 3 28 3 24 3 23 3 2! Feb. 28 Stock prices (480), Standard and Poor's 1935-39-100 Industrials (420) do.. Product i on : B 5 turn. coal 3/. . .thous. sh. tons Electric power, by u t i l i t i e s m i l . kw. -hr . Motor vehicles (Ward's) No. Petro leum, crude 3/. .thous. bb 1 . Steel (ingots & for castings, quantity) 4/ 1947-49=100 Freight car loadings. thous. cars Miscellaneous . ..do . Feb. 13 Feb. 20 196.6 212.9 200.7 217.8 199.2 215.8 ** 1,442 1,266 1,204 **8, 196 157,565 **6,446 8,684 130,425 6,221 8,551 136,682 6,217 132.5 **689 **377 1 10.4 624 333 1 10.7 619 337 Feb. 27 198.9 215.5 134,472 109.3 \_l Data do not always cover calendar weeks. 2/ Tuesday prices. ,3/ Daily averages, _4/ Week ended March 6, 104.7. * Monthly index for February 1953. ** For week corresponding to latest. # For preceding week: Total, 2,310,000; State programs, 2,120,000. MONTHLY BUSINESS STATISTICS !953 GENERAL BUSINESS INDICATORS Personal income, seasonally adjusted, at annual rates: Total bi 1 . dol . Waae & salary disbursements tota 1 b 5 I do 1 Comm.-produci ng ind... do.. Distributive ind do.. Service industries do Government do. . Wage & salary receipts, tota 1 . . b i 1 . do 1 Other labor income do.. Proprietors' and rental income b i 1 . do 1 . Personal interest income and dividends do.. Transfer payments do. . Less personal contributions for social ins b i l . dol. Total nonagr income ....do.. COMMODITY PRICES Consumer price index, a l l items 1947-49-100 Appare 1 do. . Food do . . Dairy products do. . Fruits & vegetables do.. Meats poultry & fish do do. . do.. do. . do do do. . .do. . Transportation . .do. . O+hpr nooH1^ A, service?. . .do. . November January December 280.5 285.9 r284.6 282.5 192 8 86.8 50.2 22 7 33. 1 198 3 87.7 52.9 24 1 33.6 r 196.3 r86.4 r52.2 24.2 33.5 !94.9 85.2 52.2 24.0 33.5 188.8 5. 1 194.5 5. 1 r 192.5 5. 1 190.5 5.1 51 .6 50,0 r50.3 50.2 21.6 13.5 22.7 13.8 r22.7 14.3 22.8 14.5 4. 1 261 . I 4.0 269.0 r4. I 267.2 4.8 265.2 1 13.9 104.6 1 i3. 1 1 1 1.6 1 16.7 1 10 9 1 15 0 105.5 1 12.0 1 10.5 107.4 107 0 1 14 9 105.3 1 12.3 110.3 109.2 107 8 I 16.4 105.9 107.7 121 1 ! 19 4 1 12.4 107.8 129.3 1 15.9 118.9 107.3 108.3 127 3 123 3 1 13.4 108.9 130. ! 170.2 118.9 107. 2| 108. 1 127 6 123 6 1 13.6 108.9 128.9 120.3 i I/ 1 15 2 104.9 1 13. 1 109.7 110.8 1 10 2 118.8 107. 1 107.2 127 8 123 7 1 13.7 108.7 130.5 170.3 r_l Revised. _[/ Index on base previously used (1935-39=100) is 192.6. 1954 ITEM January Hous i ng Gas & electricity Housef urn ish ings Rent Medical care Persona 1 care Reading and recreation. . 1953 1954 1 TFM January CONSTRUCTION AND REAL ESTATE Construction cont. awarded, 37 States (F. W. Dodge Corp.): 35,475 Tota 1 projects number Tota 1 va 1 uat i on m i l . do 1 . 1,075.9 867.0 B u i l d i n g , total do.. Construction cost indexes: Department of Commerce, com120.8 pos i te 1 947-49- 1 00 DOMESTIC TRADE Money orders issued, domestic (50 cities): Number thousands 6,672 Value thous. dol. 121,828 Mail-order & store sales, total, 2 cos thous. dol. 268,261 62,778 Montgomery Ward & Co do.. Sears, Roebuck & Co do.. 205,483 FINANCE Federal Government finance: Receipts, Treasury. . .mi 1 . dol. 5,232 r5,047 Receipts, net do.. Customs do. . 51 4,130 Income & emp 1 . taxes. .. .do. . Miscel. internal rev.... do.. 842 5,723 Expenditures, total do.. 235 Interest on debt do.. National defense, etc... do.. 3,632 Stocks, cash div. payments: Total (publicly reported) 548. 1 mi 1 . dol . 125.6 Finance] do. . Manuf actur i ng do. . 170.5 5.0 Mining do . . Communications do. . 95.7 64.3 Heat, light & power do.. 18.2 Rai Iraod. do. . 57.0 Trade do. . December January 35,777 41,379 1 , 394 . 1 1,299.8 1,096.0 973.8 38,361 1, 152.0 935 6 November 122.9 123.0 122.4 5,995 1 13,791 6,669 125, 106 6, 1 12 116,272 369,320 93,800 275,521 511,657 23 1 , 649 138,930 52,587 372,727 179,062 5, 144 4,695 47 3,947 968 5,423 164 3,540 5,403 5,183 48 4,133 919 6,387 1,294 3,465 4,619 4,458 39 3,538 749 5,058 245 3,001 232.4 52.5 102.0 2.5 1. i 57.0 2.9 7.8 1,715.2 170.6 1,081.7 141.3 43.7 100.3 87.4 48.8. 689.5 134.7 239.8 8.3 104.4 68.0 32.3 92.3 MONTHLY BUSINESS STATISTICS — Continued 1953 1954 1953 1954 ITEM January November 1 , 94 1 897,620 51,566 991,497 180,413 1,952 939,793 57,079 954,712 178, 155 16, 170 6,808 6,307 3,055 14,735 5,977 5,372 3,384 December January 1,836 895,446 59,522 881,313 162,245 Machine tools: 255.8 New orders .. 1945-47=100 361.6 Shipments ... ..do.. Electrical app 1 . , sales b i l l e d : Vacuum cleaners, stand. . number 255,886 Washers . .do. . 282,453 Radio sets, production _]_/ 1,093. 1 thousands 719.2 Television sets, prod. J_/ number 146.6 320.2 r 149.8 r30l.4 p!73.7 p3!9.6 216,227 244, 144 190,773 200,034 221,233 256,596 1,065.8 560.2 1, 101. 1 449.8 872.0 420.6 PETROLEUM AND PRODUCTS 3,535 3,534 30,338 547,704 29, 141 443,532 15,825 15,213 METALS AND MANUFACTURES Iron ore (Lake Superior dis.): Consumption by furnaces 8,293 thous. I. tons 7,522 54,981 Stocks, end of mo. , tota I . .do. . 37,077 31,967 46,896 At furnaces do 8,085 5, 110 On Lake Erie docks do.. Castings, gray iron: Orders, u n f i l l e d , for sale 977 #1,316 thous. sh. tons 1,004 #r 1, 144 Shipments, total do.. 564 #r62l For sale do.. Castings, m a l l e a b l e iron: 93, 156 #173,494 Orders, unf.,for sale. sh. tons #80,680 63,435 Shipments, total do.. 37,500 For sa le do #50,485 Castings, steel: 1 14,088 Shipments, tota I .. .short tons #r 162, 237 84,945 For sale, lotal do.. #r 122, 670 17,784 #25,972 Ra i Iway specialties do Steel products, net shipments: 5,904 #7, 105 Tota 1 thous . sh . tons Bars, hot TO 1 led: 633 #865 A 1 1 grades do 140 #21 1 Reinforcing do. . 190 Semimanufactures do. . #395 728 #857 Pipes and tubes do.. 609 #720 P lates do #153 182 Rai Is.. do. . 1,768 #1,843 Sheets. . do.. 169 #179 Strip: Cold rolled do.. 151 #196 Hot rol led do. . 443 Structure 1 shapes do. . #422 303 #373 Tin plate & ternep late. .do. . 270 #454 Wire & wire prod do.. Lead, refined (primary ref.): 52,562 47,295 Product i on sh . tons 43,234 Shipments (domestic) do.. , 35,529 67,494 52,760 Stocks, end of month do.. £./ Revised. £/ Preliminary. # December 1952 data. December 1953 cover 5 weeks; other months, 4 weeks. UNITED STATES GOVERNMENT PRINTING OFFICE 7,022 48,815 41, 145 7,671 955 1,032 553 95,612 72, 126 39,657 123,281 91,017 18,685 5,685 586 125 190 714 633 185 1,674 140 1 16 481 266 264 Crude petroleum: 188,315 Production thous. bb 1 . #205,904 209,599 Consumption do. . #215,504 Stocks, end of month: Gasoline-bearing in U. S. thous. b b l . #271,928 283,021 Refined petroleum products: Fuet o i l : r43,90l Prod.: Dist 5 1 late. .thous. bb 1. #46,768 r38,684 #40,351 Residua 1 do. . Stocks, end of month: 6,996 #99,582 r 133,381 D i st i 1 1 ate do 4 1 , 974 Res i dua 1 do. . #48,706 r5 1,267 34,797 Lubr icat ing oils: 7, 178 r4,553 #4,416 Production do. . r9,846 Stocks, ref., end mo.... do.. #11,021 Motor fuel: Gasoline (incl. aviation): 108,623 Product ion, total . . thous. bb 1#107,877 . Gasoline and naphtha from 95,544 crude o i l . . . thous . bb 1 . #94,725 Natural gasoline: 10, 145 Used at ref iner ies. . .do. . #9,451 2,756 #3,329 Sold to jobbers do.. Stocks, gasoline, end mo.: Finished . thous. b b l . #!27,792 r 142, 472 #8,236 r8,275 Unf 5 n ished do. . 12,223 #7,807 Natura 1 . .do. Aviation gasoline: 7,074 #7,476 Product i on , tota 1 do. . 100-octane and above.. do.. 6, 120 #6,050 #9,263 10, 162 Stocks, total do.. 100-octane and above.. do.. 5,856 #4,851 193,378 215,892 276,676 44,663 38,652 1 1 1 , 944 49,370 4,572 10,070 1 12,473 98,980 9,873 3,075 151, 129 8,820 10,428 7,676 6,230 10, 172 5,498 TEXTILE PRODUCTS Cotton, manufactures: Spind le activity: Active spindles, last working day, total thous. 21,680 20,314 Consum. 100$ cotton. .. .do. . S p i n d l e hours operated, a l l 12,282 fibers, total 2/.. .mi U hr. 501 Av. per working day... do.. 1 1 , 52 1 Consum. 100$ cotton 2/. do. . 135.7 Operations as % of capacity. 21,252 19,990 20,933 19,695 20,897 19,652 9, 145 10,246 9,232 457 436 474 48,518 48,687 8,631 9,683 8,719 37, 108 35,007 124.7 1 18.8 129. 1 92,496 8 1 , 1 52 _]_/ Data for December 1953 cover 5 weeks; other months, 4 weeks. 2/ Data for January and PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE. $300 FIRST CLASS WASHINGTON 25, D. C. OFFICIAL BUSINEM Permit No. 1009 WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS November METALS & MANUFACTURES - Con. FOODSTUFFS AND TOBACCO Me ats, product ion , tota 1 . .mi 1 . 1 b . 1,999 775,091 Beef and veal thous Ib 6 1 , 37 1 Lamb and mutton do. . Pork, including lard do.. 1, 162,504 234,448 |_ard do. . Tobacco, manufactures prod.: Production, tota I . . .thous. Ib. #16,369 #6,469 Chewing, p l u g & twist... do.. Smoking . do. #6,662 # 3,237 Snuff do.. Consumption (withdrawals): Cigarettes, small, tax-free #2,859 mi I I ions Cigarettes, s m a l l , tax-paid #30,066 mi I I ions Cigars, tax-paid. . .thousands #448,045 Manufactured tobacco 4, snuff, #15,786 tax-paid thous Ibs DIVISION OF PUBLIC DOCUMENTS January December January