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SURVEY OF C U R R E N T BUSINESS WEEKLY SUPPLEMENT UNITED S T A T E S D E P A R T M E N T OF COMMERCE BUREAU O F FOREIGN AND D O M E S T I C COMMERCE MAY gS, 1947 SELECTED BUSINESS INDICATORS STEEL INGOT PRODUCTION CRUDE OIL RUNS-TO-STILLS ELECTRIC POWER PRODUCTION (BILLIONS OF KILOWATT HOURS) (1935- 39 • >00) (MILLIONS Of 8AWWELS-DAILY AVERAGE) 5.91 5.6 owFSr'SS&tt . I,,. I .. . • I .,, I, •., I,.. I . •. I • • •. 111. t • 111.. i • I 11 I i ' II 111 111 1111 11 11111111 11111 1111 11 1111 11 1111 PRICES OF 354 INDUSTRIAL STOCKS COTTON CONSUMPTION (DAILY AVERAGE- THOUSANOS OF BALES) (1935-39*100) MOfcTMLV DATA wecHtscAr ciox \ . / A y . S r \ 1.L.1 1 1 .1 1 1 1 1 1 1 f. 1 1 1 1111 111 111 1 11 M1 11 ,1 1,1...1 1,1 ,1 1...I..J1946 1947 1945 1944 II III III III '944 W W A , > 1 1 11 ill L.I-L-L 11 1 1 1> III II « ' 1 1 11 « ' » • ' 1946 1945 1947 W E E K L Y BUSINESS STATISTICS^ 191*6 19*7 May 3 Hay 18 May 11 May 17 Commodity prices, wholesale: ill commodities 2/ : 1926*100. *.....»........do*.. farm products. food do... All other 2/ do... 28 commodities ]J August 1939s 100. Cotton, middling, 15/l6", 10 markets 4/ dol. par lb* Wheat, So. 2, Hd.Win.(K.C.) dol. par to. Department store sales .1935-39=100. Insured unemployment, total 6/ thous. Stats programs do... Veterans' programs do...; finance* Bank debits, member hanks in 101 cities: Total mil. of dol.. Vew York City do.... Currency in circulation 4/ do.... federal Reserve hank credit, total...do. . 1946 19*»7 i m x m . 296.9 146.7 176.3 I61.1 131.7 299.7 310 146.7 1^.6 162.7 131.8 305.2 110.9 137.9 111.5 192.4 110.1 135.8 110.9 103.7 190.2 •353 2.67 279 1,980 1,138 788 .272 .274 104.0 1,752 16,095 16,764 14,991 15.051 6,178 1M9 7.I83 6,711 28,139 28,190 28,134 27,957 27,958 22,233 22,2^0 22,205 23.252 23,219 * May 17 finance - Continued. Member hank reserve balances.. .mil. of dol. Bscess reserves, estimated. do..., federal Be serve reporting member banket Deposits, demand, adjusted...mil; of dol. loans and investments, total do... V. 3. Government obligations j/...do... Conner., indue., and agr. loans...do... failures, commercial number. Bond yields (Moody's) percent. Stock prices (»I02 stocks) 1935-39slOO. Produetioni Bituminous coal 4/....thous. of short tons. Electric power (utilities)...mil. of kw-hr. Motor vehicles (Wards) 6!/ number. Petroleum 4/ thous. of bbl. Steel 2/ 1935-39*100. freight carloadings, total....thous. of cars. Miscellaneous do. . * - -- - «-»• -- . - Kay 18 May 11 May 10 May 3 15,826 15,9*19 15.652 15.751 916 1,014 fX 807 39,316 38,348 64,071 3^745 10,849 10,9*3 98 70 2.78 2.78 U8.3 117.9 1:5i 16 39,403 88 10,859 88 2.79 113.8 82,881 "iiwj 2.g5 4'So 94^756 101,690 5.005 4,951 177.6 189*0 884 883 383 393 23 2.71 151.6 2.71 152.9 1,493 77 3.911 4 S —"~ ...... 688 m307 v» 1/ Data do not always cover calendar weeks. 2/ See note in January 1, 1947 issue. Ihursday prices. 4/ Daily average, 5/ Ho quotation. 6/ for description see note In July 13, 1946 issue, jj Direct and guaranteed. 8/ Data are for U.S. and Canada and include passenger cars, commercial cars, and trucks. Week ending May 24, 188.4. MONTHLY BUSINESS STATISTICS Earlier data are available in monthly issues of the Survey and the 1942 Supplement oosamm 1947 April 1946 .April 1947 february March ioh abd heal bssasb thous. of dol. do... do... 303 325 313 279 296 40: 260, |25 209,843 80,073 129.770 185,800 71.205 114,595 249,263 97,552 151.711 77,301 79.330 72,943 29.745 *3.198 83.505 ".5*7 8 .958 Steel ingots and steel for castings: Production thous. of short tons. Percent of capacity 52.733 83S 24,321 442,197 351.649 32,268 & 404 434 420 3 fXXAXGS Bank debits, total (l4l centers).all. of dol*. Bew Iork City do.... Outside Bew Joxk City do.... sJ Seised. 1/ includes edible offal, canned 1947 1946 April April 19*7 february fOODSEOKTS AND TOBACCO Stocks, cold storage, end of month* Apples, fresh thous. of bu. Butter, creamery thous. of lb. Cheese, total do... Bggs* Shell thous. of oases. frosen thous. of lb. fruits and vegetables, frosen* fruits do... Vegetables. do... ®otal meats 1/ mil. of lb. Beef and veal thous. of lb. Iamb and mutton do... POrk, total .do... fresh and cured do... lard 1 do... Poultry do... Contract awards, 37 States (f.V.Dodge Corp.) J total projects number.. 29,957 fotal valuation thous. of dol.. 602,338 Building, total do..., 440,985 Construction cost indexes* American Appraisal Co. J 414 Average, 30 oities 191>100., 444 Atlanta do.... 427. lew York do.... San Francisco.... do.... St. Louis... do.... DQMSSfXC SBADB Mail-order and store sales* total sales, 2 companies Montgomery Ward A Co Sears, Boebuck and Co Sarlier data are available in monthly issues of the Survey and the 1942 Supplement 4,015 9" " 9.U5 113,.094 1,*97 14,052 84,8% 12,944 9.988 98,053 *7.593 r7,818 r93,*27 1,741 15*.75* 6,425 200,17b 73.564 r508 r98,71« 840 176,928 10,663 518,871 391.258 127.613 207.691 291,148 140,277 • 691 140.157 12,171 450,526 379.373 71,153 256,822 ft ,664 ,588 85* 516,874 399.317 117,557 283,825 r35,013 v276,099 *857 r201,209 rl4,110 *507,04B r397,794 rl09,25* r242,485 7,049 93.9 5,860 77.5 6,422 91.7 *7,307 r9*-3 « MBEALS ASD MABUfACTUBBS 8 $ "7.208 2,122 S: it products, and sausage and sausage room products not shown separately. M O N T H L Y Earlier data are available in Monthly issues of the Survey and the 1942. Supplement 19^7 1946 April April B U S I N E S S 1947 February S T A T I S T I C S - Continued Sarlier data are available in monthly issues of the Survey and the 1942 Supplement METALS AND MANUFACTURES - Continued BUSINESS POPULATION Zinc, slab: Production short tons.. Shipment / *.. 'do.... Domestic do.... Stocks, end of month do.... Oil burners: Orders, new, net number.. Orders, unfilled, end of aonth do.... Shipments do.... Stocks, end of month do.... Industrial and commercial failures: Grand total. Commercial service .. ...do... Construction do... Manufacturing end mining do... Retail trade do... Wholesale trade • do... Liabilities, grand total thous. of dol. Commercial service... do... Construction do... Manufacturing and mining do... Retail trade..... do... Wholesale trade do... FIHAHCS 1,691 60,903 73.191 60,009 3*0,706 'M !»2ty3 tt (a) (a) «Pt Paperboards Orders, new short tons.. 770.3<* Orders, unfilled, end of month do.... 502,603 Production do.... 765,026 Waste papers Consumption. do.... 445,100 Stocks, mills, end of month. do.... 239,297 747,907 553.274 716,274 713.83* 577.777 718,072 413.131 230.597 416,935 274,850 TEXTILE PRODUCTS Cotton! Consumption bales.. 882,800 Bayon: Consumption: Yarn mil. of lb.. 58.7 Staple fiber .do.... 17.9 Stocks, producers1, end of month: lam do.... 7.1* Staple fiber do.... 2.9 012,749 840,463 56.6 14.0 r56.3 9.3 2.3 6.9 2.3 14.9 January SCPLOYtiSOT CONDITIONS AUD WAGES Production-worker pay rolls, all afg., unadj., (U.S. Dept. of labor) i/ 1939=100.. Itorable goods 1/ do.... Iron and steel and their productsl/.do.... Blast furnaces, steel works, etc..do.... Electrical machinery 1/ do.... Machinery, except electrical 1/ do.... Machinery end machine shop products 1939=100, Machine tools i do.., Automobiles \J. * .. ...do.., ax«ax«pox-tatior. ©quip. ,«xc.o»tc» jL/. .do.... Aircraft and parts (exc. engines).do.... Aircraft engines. .do.... Shipbuilding and boatbuilding do.... Nonferrous metals and products l/...do.... Lumber and timber basic products l/,.do.... Sawmills do... Furniture and finished lumber products 1/ 1939=100. furniture do... Stone, clay, and glass produots l/..do... Nondurable goods 1/ * do... lextile-aill products, etc. l/ do... Cotton manufacturers, except small wares '..1939=100. Silk and rayon goods do... Woolen and worsted manufactures...do... Apparel and other finished textile products 1/ do... Ken's clothing 1/ do... Women1 s clothing l/ do... Leather and leather products 1/ do... Boots and shoes do... Pood and kindred products 1/ do.... Baking; do. Canning and preserving do.... Slaughtering and. meat packing do. Tobacco manufactures l/ do. Paper and allied products l/... do. Paper and pulp do.... Printing, publishing, etc. 1/ do... Newspapers and periodicals do... Printing, book and job.., do.... Chemicals and allied products l/....do... Chemicals do... Products of petroleum and coal l/...do... Petroleum refining do... Rubber products 1/ do... Bubber tires and inner tubes do... Pay rolls, nonmfg.,unadj.(U.S.Dept.of Lab.):l/ Mining: Anthracite 1939slOO Bituminous coal do... Metalliferous • .do.. Quarrying and nonmetallic do.... do... Crude petroleum and natural gas Public utilities: Electric light and power do... Street railways and busses do... Telegraph. , .do... Telephone do... Services: Dyeing and cleaning do... Power laundries ' ....do... Tear-round hotels do... Retail trade do... Wholesale trade do... 313.9 350.3 29*1.2 212.9 431.2 4l6.6 35^.9 275.6 347.7 244.8 225.1 101.5 232.3 207.3 258.0 256.0 173.0 307.3 r340.0 207.9 200.9 r425.6 r406.6 '350.3 360.2 313.3 175.1 524.0 304.4 540.5 252.1 219.1 131.9 202.7 321.1 r56?;6 r668.7 r535.0 '395.0 354.0 r292.4 r311.4 27«; 265, 217.9 104.3 223.1 232.I 211.4 r283«l r234.8 280.0 r275»3 254.3 242.; 163.1 234.2 304.4 201.3 251.0 r259.1 r170.0 rl72.6 203.6 102.7 209.7 r300.6 r277'.2 r340.0 r22O.0 555-2 659.0 479.9 384.3 322.0 20S .8 262.0 3U.5 281.3 322.3 222.4 190.3 239.3 193.2 131.2 &7.1 193.1 290.9 252.5 227.7 196.9 230.9 377.5 326.0 264.9 238.6 374.3 343.7 206.2 245.6 525«5 102.0 132.1 191.1 171.3 235.4 200.1 103.0 154.4 200.0 317.0. 276.3 237.2 217.9 290.2 201.1 201.1 150.2 260.0 209.4 r285.1 r246.9 219.6 185.2 235.2 362.9 321.0 253.9 256.0 .386.3 361.2 202.0 265.4 156.8 15^.5 170.5 230.9 102.1 172.6 144.4 160.8 217.0 102.3 270.4 140.4 107.2 177.1 237.0 159.5 r2l6.1 189.1 267.5 a4.7 196.9 216.0 190.1 191.6 213.4 101.3 213.8 162.6 75.376 75.780 £0,903 162,049 136.564 rll8,308 23,921 602,034 A.045,076 975.370 36.630 r81,245 94,419 5.796 11.903 .14,729 PAPER AND PAPEBBOARD 201.1 160.9 167.5 204.0 153.8 201.0 215.1 rl07.2 189.7 19*7 1946 Januaxy March 254 21 13 108 00 24 15.251 2 11.336 1,169 1,647 0 10 Hi XT 10 4,421 8 529 747.350 549.774 Bonds, sales (Securities and Exchange Comm.): Total on all registered exchanges: 747,115 Market value..... thous. of dol.. 67.522 90.956 456,127 face value do.... 89.507 121,413 On New York Stock Exchange: 266,079 Market value do... ^ 91.234 63.107 face value do.... 01,491 113*002 Stocks, sales (Securities and Exchange Cosaa.): Total on all registered exchanges: 875,124 Market valur thous. of dol.. 927.888 1,400,10" thousands.. Shares sold. 60,20( 37.227 On Hew York Stock Exchange: r60.0 Market value thous. of dol.. 770,103 1,217,450 rl6.2 Shares sold...., .....thousands.. 25.302 3 6;,609 / CHEMICALS AND ALLIED PRODUCTS r7.0 r3.1 Paint sales: Calcimines, plastic and cold-water paints: February Calcimines thous. of dol.. 102 Plastic-texture paints do.... 292 Cold-water paints: In dry form do.... 422 In paste form, for interior use...do.... 340 Paint, mrnish, lacquer, and fillers: 310.7 Total .....do.... r344.7 64,697 Classified, total do.... 287.8 01^76 50.279 Industrial .do.... 209.3 20,940 32.345 Trade do.... r422.9 49.330 3 Unclassified .do.... r409.6 ?:8! 10,094 FOODSTUFFS r352.0 270.9 Sugar, U.S.,deliveries and supply (raw value): Deliveries, total.. .....short tons.. 337.3 r476,l«l for domestic crvsirmption. ..do,.,. 598,188 r557-5 Production, domestic, and receipts: r667.0 r5O6.0 Entries from off-shore areas do.... 560.794 465,034 r 3J2«7 Production, domestic cane and beet*.do.... 22,114 , 19.305 361.0 Stocks, raw and refined. do.... 1,316,060 1,104,341 163.4 METALS AND MANUFACTURES 175.6 Castings, gray iron: jj/ r292.4 Shipments, total... short tons.. 1,079.140 796,058 243.0 for sale *..do.... 630,028 505.^31 270.4 Orders, unfilled, for sale, end of mo.do.... .963.319 2,265.336 r277-5 AND COAL PRODUCTS PETROLEUM 262.0 Coal, bituminous: Industrial consumption and retail deliveries 309.1 206.9 43,627 52.407 total.............thous. of short tons.. 275.0 35.382 41,490 Industrial consumption, total .do.... . 895 719 Beehive coke ovens do.... r3l4.l 8*025 7.101 Byproduct coke ovens do.... r28O.0 , 651 503 Cement mills do.... r344.0 6,938 5,110 Electric power utilities do.... r223.O 10,391 10»137 Railways (class I) *do.... rl90.9 015 947 Steel and rolling mills do.... 243.0 10,743 13.905 Other industrial do.... 194.5 0,245 10,909 Retail deliveries do.... 249 137.9 233 Other consumption, coal atine fuel.....do.... 237.8 Stocks, industrial and retail dealers, end 51.674 201.0 of month, total...thous. of short tons.. 50,531 49.547 r 358.1 Industrial, total I •. do.... 55,386 7.429 r251.4 Byproduct coke ovens.. do.... 0,269 , 935 Cement mills '. do.... 221.8 677 Electric power utilities do.... 14.059 191.0 15.705 Railways (class I) . do.... 0,262 234.2 13.235 Steel and rolling mills do.... 1,141 '372.6 1,005 Other industriia do.... 17.721 323.5 16,495 Retail dealers, total do.... 2,127 227.5 3.1*5 228.8 TEXTILE PRODUCTS r305-O 357-7 Wool, machinery activity (weekly average): V Looms: Woolen and worsted: Broad thous. of active hours.. 184.7 (a) 2,582 1 Narrow do.... 240.7 (a) 85 Carpet and rug: 162.0 Broad. do.... 205.6 101 ta> Harrow... do.... rl52.9 (a) 79 Spinning spindles! Woolen do.... 163.7 122,334 Worsted do.... a0.7 115.501 Worsted combs do.... 105.4 (a) 269.4 TRANSPORTATION EQUIPMENT 204.7 196.1 Motor vehicles, factory sales, total..number.. 421,277 124,003 Coaches do;... a6.6 527 1,421 Passenger cars". do.... 301,010 107.4 85.810 Trucks..... do.... 118,046 rl90.4 37.666 Tvtonmvy 19 i5 % 27 15.193 582 575 11,020 1.674 1,342 100,265 136,235 73,249 100,247 95.^70 130,028 68,9/9 95.3-9 1,100,006 1,143,786 47,312 53.518 918,463 32,620 943,861 34,109 403 307 81,788 74,210 32,40? 41,004 9,578 JW13 482, 243,607 106,88$ 1,317,262 1,056,050 624,511 2,985,699 55,788 42,843 877 7,964 658 7.158 10,104 943 15.139 12,945 249 49,169 46,003 5.919 06l 13,200 7.673 909 2,503 75 109 101 100,636 114,434 227 349,462 1,240 247,130 101,092 */ Revised, (a) Data not available. 1/ Employment and pay rolls for all manufacturing, total durable end nondurable goods and the industry groups have been revised beginning I945 to adjust the monthly series to 1945 data from the federal Security Agency; data for men's and women's clothing have also been revised to levels Indicated by the Fedora' Security Agency data, the revision extending back to 1939. for 9 X 1 " r i M 8X1(1 Pr«li*inary April figures for the totals and the industry groups will be shown in the next issue of the Weekly Supplement, 27 March 1947 data revised to correct error in Weekly Supplement dated May 16, 1947. 2/ Data for January are for 5 5 weefc®; •other months, 4 weeks.