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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
MAY 2, 1952
Available only with subscription to the monthlx magazine SURVEY OF CURRENT BUSINESS
SELECTED BUSINESS INDICATORS
I935-ISS9' IOO
BILLIONS OF KILOWATT-HOURS
300
STEEL PRODUCTION
(ingots 0m! $?@@l for
ELECTRIC - POWER PRODUCTION
BY UTSLITiiS
250
SOO
J50
I I I I I I I I I LLJ-Ll-J-Lil-LX-Ll-LJLl...Ll..1_LJJ i .1 i ! I I I 1 ! i I 1 1 I I I 1 i I I
JAN.
FEB. W A R .
Af»ft.
MA?
-JUNE
JULY
A!36.
SKP'f,
OCT. NOV. OCC.
260
DOLL.ARS
!.80
220
1.60
HO URS
52
HOURLY EARNINGS and HOUHS
in MANUFACTURING
AVERAGE HOURLY EARNINGS
{LEFT SCAI.C)
^
^**~»»
48
*******
^jjtf***5^
1.40
180
44
AVERAGE HOURS PER WEEK
(RIGHT SCALE) «w
^JS»-* •*
1.20
1.00
SOO
1950
1949
1951
*"* ^~**+-+^*~&~»-ir
*^H>
40
1 1 1 1 1 1 1 1 1 1 1
1949
1952
JLJJLJ_L,L.U,1.I, 1 ,
I960
1 1 1 i ! ! 1 1 i 1 !
! I..1 1.JL.I i ' , , 1 1 1
1951
!952
36
WEEKLY BUSINESS STATISTICS1
1952
1<fcl
ITEM
Apr. 21
Apr. 28
Mar. 29
Apr, 5
Commodity prices, wholesale (revised series):
2# commodities 2/
...•
Co* to*" middlinp 15/^6", 10 markets J|/
Wheat/No. 2, hard winter (Kansas City) jj/.
Insured unwiri'' ov^?it
tot^'l
•
August 1939=:100. .
...dol. per lb..
dol.* per bu..
» • » • « • » • • » « • . « • • * • • • • • thous • •
*116.3
*117.5
*U1.8
*117.1
372.7
•-451
2.M
97
968
943
Apr. 12
in. 6
Apr, 19
.
Apr. 26
:m.3
107.4
107.9
113.2
2%. 5
.417
2.50
111
111.5
107.2
107.9
113.2
294.2
.410
2.49
97
106.7
107.7
113.1
293.2
«400
2.49
28 , 480
23,409
19,812
608
28 , 542
23,393
19,652
536
28,454
24,109
20,218
1 022
28,367
23 973
19,875
792
27, 327
10,594
51,909
73,728
31,961
21,364
164
3.18
185,3
201.5
30,682
12*637
51,162
73,111
31,363
21 , 172
185
3.17
187.6
204.2
25,747
10,745
51,176
72 917
31.006
21,049
184
3.3.7
186 ,0
27,364
11,313
51,823
73,108
?0? . v
21,05?
188
3.16
182.9
19S.5
1,644
7^263
1?Z,03*>
6,304
239.9
725
381
1,537
7,239
1,342
^ 154
T'5,?/79
6.271
145.0
691
354
1,529
7,120
121^05
6,271
228.2
735
366
372.9
.452
2.44
101
967
945
**112.3
**108.3
**109.2
**113.9
'^0.3
.413
2.50
101
1,175
1,142
2.50
109
1,172
1,139
27,172
2A.23&
19,674
1 116
27,185
23,789
19,176
694
28,387
2^,413
20,276
7%
27,578
10,173
49,870
69,756
30,750
19,198
151
3.07
175.5
191.1
25,792
9,932
50,214
69,863
30,805
19,127
162
3*09
173.9
189.4
1,771
6,730
157,013
6,061
230.4
810
3%
1,741 '
6?674
15% 586
6,069
231.3
825
398
297.0
.41*7
Finance :
Federal Reserve reporting member banks in leading cities:
Bank debits total • * *
.mil • of dol . •
C onunerc ^ al
industrial
and afT. loans (gross) . ... .do* •••
Stock prices, 4X6 stocks "(Standard and Poor' a ) . . ..1935-39=100. .
Production:
Bituminou^ ^oal 3 / * . . . » .
Ele^t^ic povf>r by utilities
Steel Lj
^rei^ht carloadin^s
thous, of short tons*.
.......<. .mil . of kw.—hr. •
*
total
1935-39=100. .
thous. of cars. *
I/ Data do not always cover calendar weeks. 2/ Thursday prices. %/ Daily averages.
April 1951. *# Monthly index for March 1952.
!16..?<P
•K
•>'-*.'"'!
11,804
T! . PA/
3.16
181.9
197.4
125 799
237.6
233.8
707
38/
- „....
..
Week ending May 3f 2.34.1, * Monthly indsoc for
MONTHLY BUSINESS STATISTICS
Earlier data are available in monthly issues of the Survey
and the 1951 Statistical Supplement
1951
February
March
1952
Doc ember
January
February
March
BUSINESS POHJIATION
Industrial and commercial failures:
599
59
60
107
304
69
16.009
1,399
2,228
6,134
4,357
1,891
732
69
83
115
377
88
17,652
1,375
3,292
5,169
5,605
2,211
612
48
71
131
2%
66
19,403
1,874
2,251
6,515
5,177
3,586
671
50
68
343
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
715
55
72
U8
371
69
29,232
4,563
2.485
13,046
6,905
2,233
183.8
202.0
226.0
187.1
204.4
224.3
270.1
1^3.9
97.2
204.5
209.7
134.0
163.2
184.5
203.1
226.2
187.5
204.6
217.1
272.2
144.?
97.2
205.0
210.7
134.7
164.3
189.1
206.8
232.2
190.4
213.2
236,5
270.1
I/,/,. 9
97.5
206.6
210.2
139.2
169.1
189.1
204.6
232.4
190.6
215.8
?41 ./«
272.1
145.0
97,6
206*8
209,1
139.7
169.6
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
i/188.0
203.5
227.6
191.2
215.7
232*1
267.7
1A5*3
97.9
206.8
207.6
140.5
170,7
229.6
231.6
242.7
230.5
232.6
243.3
235.9
237.2
246.9
237.0
237.9
248.0
236.7
237 4
247.8
237.2
237.7
248.0
231.3
231.9
238.1
247.1
217.7
232.1
232.6
238.7
247.7
218.4
237.7
237.0
242.7
250.5
221.9
239.2
238,0
243.8
251,9
222.6
239.0
237.9
243.7
251.5
222.4
239.7
238.3
244.0
251.5
222.7
243.1
241.7
243.7
242.3
247.3
245.4
2A8.*>
246,5
2A8 3
246.2
2/8 5
246.2
14,959
349
4,192
128
248
4,237
515
1. A/i.5
1,698
16,419
378
4,452
V*4
303
4,669
549
1 659
1,958
2,308
14,619
464
3 751
147
326
4,090
512
1 A*32
r!4, 502
13 561
276
3 691
204
353
3 826
447
52 246
5,334
3,613
2,455
6,264
7,781
2,464
3#5?5
? 6%
2.693
1,289
1,267
12 864
4,464
A6 11?
3,333
2,985
865
5,698
6,247
4,443
3,1^6
2,099
2,891
854
1.532
12 028
3,346
31 90A
1,673
?,476
1,208
4,543
4,6*32
1,590
17A 831
AO 3{t>5
.do. ...
136,475
do. . . •
7.482
do....
2,205
29,435
do. . . . 97,353
218 ^l
/9 3*18
168 , 984
8 710
2,724
33 886
123,664
21/1 041
A A5A
99.820
5 536
12A.277
COMMODITY HUCES
CONSTRUCTION AND REAL ESTATE
Consi.rjotion cost, index (E. H. Boeckh and Associates, Inc.)?
A v e : ' " < ' f . no cities:
* pnri.monts, hotels, and office buildings:
!
'rick and concrete
U. S. avg. 1926-29=100. •
Commercial and factory buildings:
nrick and wooo
do...*
residences:
\i-~]^]r
...........
dO. . • •
DOMESTIC TRADE
R'KMr? advertising:
Ov.<!
nf
fnn-niMpq
tntflj
t
,t
t
, T t , T , t t . , . T . . .thoUS, of dol..
2.148
1,794
2,102
407
r3 993
224
359
r3 955
475
rl 55ft
1,770
1,761
1 A 51
1,589
1,726
• ., .» ,'• «; :: i 'i f.- HC* ve r 1 1. r> ing :
r /3
I/Jnapp , total
,
Nevsp&per advertisings
T.JTVJP*>, total (5? M U e s )
Display, total
Automotive
P j nanc 1 al
thous. of lines* •
do...
,«
fiwtai 1
Money orders, domr!s 4 -.lr , issued (50 cities):
Value
thous. of dol. .
r/ tori sadv I/ Index on old basis for March 1952 la 188.4.
112
r3,260
r3,2?9
rl,380
r5,711
r7,402
r2,068
r2 364
rl,500
r2,008
rl,l67
rl . 24Z,
rll 978
4,050
42 99P
171,043
6,559
2 526
25,044
136,915
7,271
12A.21A
76?
44 6?9
3,108
2,878
1,919
6,107
7,147
2,290
••> 167
?,176
2,372
1 . e&\
736
1,088
9,588
3,466
971
1,209
12,424
3»9#5
4,855
178,077
46.345
131,731
8,208
3,663
21 020
98,840
184,640
46,621
138,019
7,889
2,282
25.7A9
102,100
213 228
52.943
160, 285
8,553
2,756
30 203
118,773
7 268
130.038
A.9/8
12A.086
8,025
1A7.902
MONTHLY BUSINESS STATISTICS —Continued
Earlier data are available in monthly issues of the Survey
and the 1951 i. Statistical Supplement
1951
February
March
December
anuary
January
195?
February
March
IMFLOYMENT AND WAGES
Hours and earnings:
Average weekly hours per worker, all aanufacturing.. hours..
Average hourly earnings, all manufacturing....
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....
U.2
42.2
39.9
67.40
72.71
r60.45
1.636
1.723
rl.721
rl.475
rl.440
rl.585
rl.842
rl.697
rl.813
rl.666
rl.906
pl.683
rl.462
rl.515
1.516
pl.178
rl.341
rl.278
rl.558
r2.0!6
rl.653
r2.013
rl.794
rl.286
40*9
41.9
41.9
r39.6
r
67.04
r67.04
72.28
r60.!9
r
60.!9
rl.639
r
l.639
1.725
1.725
rl.738
rl.421
r
l.421
pl.441
ri.44i
rl.584
rl.845
rl.699
pl.699
rl.818
rl.675
rl.913
rl.688
rl.462
1.520
1.520
1.522
rl.177
r1.177
rl.349
rl.29l
rl.56l
rl.998
r
l.998
rl.656
r2.027
rl.824
ri.824
rl.289
40.8
41.8
39.5
r67.03
P72.27
r60.12
rl.643
rl.729
1*755
rl.452
pl.451
rl.592
rl.835
pl.707
rl.829
rl.681
rl.910
pl.697
rl.476
rl.522
rl.530
rl.185
rl.348
1.294
r2.0U
1.656
2.019
rl.821
1.297
~ptt.6
P39.4
p67.20
P72.38
p60.20
pl.651
pi. 740
pl.76l
pl.456
pl*460
pl.5%
pl.844
pl.713
pl.838
pl.695
pl.933
pl.708
pi .477
pi. 528
pl.537
pl.199
pl.344
pl.287
pl.576
P2.031
pl.668
P2.022
pl.834
pi. 304
4.6
4.1
.3
.8
2.5
.5
3.0
3.5
.3
1.5
1.4
.3
4.4
4
.4
4
.0
4.0
.3
.
3
1
.4
1.4
1.9
1
.9
.4
.
4
3.9
3.9
.3
1.3
1.9
.4
P4.0
P3.6
P. 3
pl.O
P2.0
P. 3
100.90
101.38
72.56
99.30
99.77
71.94
97.43
97.92
72.44
98.01
98.01
98.49
9
8.49
7
3.48
73.48
97.83
98.30
73.39
98.26
98.75
73.07
115,801
114,163
1,389
114,769
112,605
1,914
114, 3ft?
HP, 758
1^377
115,183
113,019
1,914
95,634
93,920
1,332
98,158
95,920
1,839
96,269
9
6,269
94,537
1,349
1,349
98,221
95,985
1,836
1,836
96,158
94,431
1,344
98,292
96,060
1,332
96,699
94,978
1,338
98,415
96,183
1,831
100,246
2,391
'V8.112
2,421
109,484
2,616
in, 580
in,
580
2,627
108,471
2,634
113,099
2,66V
80,825
71,675
16,400
4,900
190,500
9'* ,400
91,295
22,000
4..200
257,900
69,945
65,480
14,750
6,190
141,700
7
7,4^
77,435
68,760
1^,600
1%60C
6,550
.57,000
317,000
r 77, 2 50
r-70,540
14,100
6,025
Io4,850
92,170
86,430
18,000
7,400
205,000
11,700
41,500
14,^93
54,675
•1,9*^5
35,400
7,323
45,250
6,900
50,345
9,o;jo
67,900
374
887
4,159
740
1,^4
527,29"}
36,lfl8
770,708
146,508
892
447
%r>
5,117
738
1,537
576,081
36,529
924,237
175,502
1,020
344
998
6,912
810
1,866
585,399
37,915
1,242,339
'246^303
689
382
1,096
6,835
1»>Q42
1,042
1,977
1,977
656,307
>56,307
50,536
1,2>69,791
69,791
>48,037
248,037
658
343
985
5,779
990
1,715
593,420
48,986
1,072,252
220,934
955
397
927
5,776
971
1,656
557,237
48,201
1,050,706
213,346
921
2.204
3,1%
2.705
904
2.220
3,435
2.492
603
1,555
2,059
1,894
717
717
rl,880
r2,634
2,047
805
1,862
2,513
2,279
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
1.290
1.506
1.933
1.607
1.932
1.629
1.261
U.I
41.9
40.0
64.57
69.30
58.40
1.571
1.654
1.682
1.369
1.387
1*540
1,797
1.652
1.745
1.582
1.838
1.599
1.402
1.460
1.442
4.5
3.8
.3
.8
2.1
.6
1.U2
1.317
1.264
1.514
1.947
1.612
1.944
1.647
1.269
Labor turn-over in manufacturing establishments :
FIHANCE
Bonds :
Average price of all listed bonds (N.Y.S.E.)
dollars..
Value, issues listed on New York Stock Exchange:
Stocks:
Shares listed on New York Stock Exchange:
rl.566
&10.7
FOODSTQFPS
Dairy products, production?
Condensed milk (sweetened): Bulk goods.......
do....
Case goods. .
.
.
.
.
.
.
.
.
.
.
. .do. ...
Dry milk:
Livestock slaughter (Federally inspected):
Coffee, visible supply, United States...... ..thous. of ba^s..
LEATHER
Leather production:
p/ Revised. £/ Preliminary, I/ Except ordnance, machinery, and transportation equipment.
966
MONTHLY BUSINESS STATISTICS —Continued
Earlier data ar© available in monthly issues of the Survey
smd the 1951 Statistical Supplement
1952
1951
February
March
December
febj-uary
Jsntisry
March
METALS AND MANUFACTURES
Iron ore (Lake Superior district):
6,435
24,123
20,324
3,799
7,372
17,335
14,919
2,417
7,639
43,711
37,315
6,3%
7,527
35,927
30,369
5,553
7,229
29,207
24,693
4,514
8,022
21,451
16,082
3,369
2,392
1,234
685
5,176
2,390
1,440
818
6,016
1,847
1,033
583
5,977
1,801
1^199
694
6,040
1,766
1,155
655
5,785
6,300
short tons . •
43,675
49,128
27,775
50,701
50,927
27,259
36,754
37,274
25,339
43,746
40,3%
28,578
44,133
41,291
31S297
4B,943
39,161
41,040
1945-47=100. .
615.5
I23e8
590,3
158.9
376.5
264.7
347.8
266.6
r3!8.8
r279.6
P327.1
p293.9
» « • « • • »thoug» of bbl* •
166,041
183,745
187,624
200,535
191,650
206,032
192,712
205,829
184,654
193,524
do * • » »
235,247
233,824
255,783
254,007
255?900
.••... .do*. ••
39,742
38,6%
a, 129
41,771
44,693
40,693
45,U1
41,483
44,314
38,352
47,587
39,409
42,978
37,516
80,785
42,063
2/66, 969
i/39,523
55,369
38,295
4,339
8,386
5,108
8,209
5,157
9,617
4,963
r9,856
4,456
10,049
83,752
74,335
15,631
93,378
82,140
17,780
100,039
88,800
18,941
98,551
87,446
19,058
93,134
82,085
18,070
129,537
7,706
7,842
133,465
7,991
8,109
117,235
7,747
8,186
136,161
8,178
7,8%
143,910
8,002
618,321
521
483
505,865
481,239
755,022
'829
792
617,399
588,435
136,794
118,235
380,650
845
746
292,799
284,323
87,006
70,834
375,410
778
755
273,572
258,457
101,060
85,194
r435,2l6
625
525
333,885
r315,499
r!00,7o6
r84,670
Stocks, end of raonth, total * • » • . • • » * . • . » » . . , . . * * • « * . »do« • » *
On Lake Erie docks .».«.*..
• c * « * * » * » . « . * . . « « • tdo « » « *
Castings, gray iron:
Orders unfilled for sale
*•
*"t}"icus of sbo^H; tons* a
Shipments, total ........**.*...». . . , . . . > * < , „ » * « » . « . . . »do* • . •
Lead, refined (primary refineries):
Production
•«,
««*.
••••<>.*
Machine tools:
New orders
FSTROLETTM AND PRODUCTS.
Crude petroleum:
Production
•
•
Stocks, end of month:
Gasoline—- bearing in TJ S
Refined petroleum products:
Fuel oil:
Production :
Distillate fuel oil
.
•
«
Stocks, end of month:
D^«tt-m%te f\ieT oil
do....
Lubricating oils:
Motor fuel:
Gasoline and naphtha from crude petroleum
Natural gasoline and allied products
Stocks, gasoline, end of month:
Finished gasoline
..,„...*
do. . . ,
do. ...
do. . . .
e,i>85
TRANSPORTATION EQUIPMENT
in, 935
Domestic
r/ Revised,
do. < , .
jg/ Preliminary.
I/ See note on corresponding item in the April 1952 Survey.
UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D. C.
-OFFICIAL BUSINESS
Permit No. 1009
WEEKLY SUPPLEMENT
SURVEY OF CURRENT
94,834
482,973
569
499
373,231
352,645
109,173
92,033
PENALTY FOR PRJVATS USE TO AVOID
PAYMENT OF POSTAGE, $300
@FedFRASER