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

MAY 29 1953

SELECTED BUSINESS INDICATORS
BILLIONS OF KILOWATT-HOURS
10.0

(Ingots and Sta«l for Castings)

ELECTRIC-POWER
By UTILITIES

140
130
120
HO
•

100

£

JUNE JULY

i I i i I i i i i i i i I 1*1 i Ti i i i ! i i i ! i I i I i ! i i I M i I i i i i I i i i I i
FEB.

MAM.

APR.

MAY

JUNE

SECT.

OCT.

NOV.

DEC.

JAN.

1947-49-100
130

FEB.

MA*.

Af»M.

MAY

JUNE

JULY

AUO.

SEPT.

OCT.

NOV.

DEC.

COTTON CONSUMPTION
(DAILY AVERAGE)

IOO

L L 1

90
I95O

.I I I I 1
1951

I

1 I

1

1

1952

1

1953

1950

WEEKLY BUSINESS

May 17

Commodity prices, wholesale:
Al 1 commodities
Foods, processed

STATISTICS

1952

ITEM

I947-49«IOO..
do.. ..

97 2
Cotton, middling, 15/16", 10 markets 3/
dol. per Ib..
.384
Wheat, No. 2, hard winter (Kansas City) 3/....dol. per bu..
2.42
99
Department store sales....
.1947-49*100.
1 nsured unemp loyment, tota 1
thous. .
1, 1 15
State programs
. do
1 091
Finance;
Currency in circulation 3/
m i l , of dol..
28,524
Federal Reserve bank credit, total
do....
23,764
Member bank reserve balances
do. .
19 953
Excess reserves, estimated
do....
861
Federal Reserve reporting member banks in leading cities;
Demand deposits, adjusted
...mil. of dol..
52,662
Time deposits, except Government.
do....
16,943
Loans and investments, total.....
do....
74, 157
U, S. Government obligations
do....
31,854
Commercial, industrial, and agr loans (gross)^ . .do. . . . 20,874
5,765
Failures, industrial and commercial
.....number..
154
Bond yields, domestic corporate (Moody 's) 3/
percent..
3.15
1
Stock prices, 480 stocks (Standard and Poor s). 1935-39.100..
183.0
Industrials, 420 stocks.
....do....
198.4
Production:
Bituminous coal 3/....,
thous. of short tons..
1,386
Electric power, by uti 1 ities,.
m i l . of kw.-hr..
7, 1 10
Motor vehicles (Ward's)
number..
119,939
Petroleum, crude 3/
thous. of bbl..
Stee 1 4/
1947-49-100. .
130.9
754
373

1953

1952

1951

1

1953

May 24

Apr. 25

*l 1 1.6
*I07.9
*I08.6
*l 13.0
98 7
.387
2.44
105
1 078
1 057

**I09.4
**97.5
**I03.2
**! 13 3
87 8
.328
2.38
104
1,01 1
951

28,51 1
23,794
20 127
946

May 2

May 9

May 16

May 23

87 6
.333
2.40
1 14
979
922

109.9
99.0
104.5
1 13 4
88 0
.335
2.38
128
955
899

109.9
98.5
104.5
1 13 4
87 6
.334
2.38
106

109.9
98.2
104.4
1 13 6
88 4
.336
2.32

29,737
25; 395
19 476
-12

29,81 I
25,227
19,489
32

29,896
25,443
19,81 1
378

29,878
25,831
19,912
620

29,825
25,288
19,824
476

52 881
16,985
74,290
32,035
20,800
5,760
145
3.16
183.9
199 4

53,897
18,207
76,412
29,384
23, 156
6,206
159
3.43
187.2
202.2

54, 176
18,236
76,301
29,249
23, 133
6,214
169
3.46
188.1
203.5

53,352
18,289
76,238
29, 185
23, 139
6,214
165
3.51
190.3
206 3

53,346
18,280
75,809
29,040
23,083
6,227
198
3.53
188.8
204 5

156
3.54
190.7
206.3

1,479
7, 146
117,783

1,500
8 016
182,595
6, 184
141.7
780
395

1,458
7 939
172,706
6, 183
140.8
781
397

1 475
7 897
167,632
6,242
140.6
765
382

1,521
7 959
165,611
6,267
140.6
780
387

132.8
762
370

151,561
140.1

J./ Data do not always cover calendar weeks. 2/ Tuesday prices, 3/ Daily averages. 4_/ Week ending May 30, 141.2. * Monthly Index for
May 1952. ** Monthly index for April 1953.




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

1953

19 52

March

Apri 1

January

February

March

April

BUSINESS POPULATION
Industrial and commercial failures:
Fai lures, tota 1...
Manuf actur i ng and mining...
Retail trade ..
. , ...
Wholesale trade..... ...... .....
Liabilities, total.
Commercia 1 service, ........
Construction
Reta i 1 tr ade .
Wholesa le trade

number. .
do. . . .
do....
do,...
thous. of do!..
.do. . . .
,
do. . , .
do. ...
do. ...

691
49
86
132
348
76
27,273
1,180
3,378
8,452
9, 139
5, 124

739
63
85
154
361
76
31,082
1,387
3,506
12,213
10,423
3,553

693
48
86
140
344
75
27,520
1,765
3,748
10,585
8,497
2,925

113.4
104.6
III. 5
1 10.7
1 15.9
107.7
1 16.6
106. i
108.0
121.5
1 19.3
M2.5
107.5
329. 1
1 55.8

113.6
104 7

1/113.7
104.6
III. 5
109.0
115.0

i 15.2

113.9
104.6
113. 1
1 1!. 6
1 16.7
110.9
1 16.4
105.9
107.7
121. 1
1 19,4
112.4
107.8
129.3
1 15.9

0.714
.396
1.731
2.414

0.670
.454
1.573
2.530

0.668
.443
1.525
2.505

0.668
.495
i.540
2.551

0.659
.497
1.557
2.529

33.39
16.58
.564
.430

26.04
17.98
.477
.424

23.41
19.39
.432
.464

21.98
20.50
,392
.479

21.50
21.88
.382
.323

53.67
.0471
.2420
. 1892
. 1950
3/1.580

2/54.73
.0498
.2420
. 1419
.1259
1.725

2/54.73
.0498
.2497
.1350
.1148
1,725

2/54.73
.0498
.2929
.1340
. 1103
1.722

2/54.73
.0498
.2990
.1268
. \ 100
1.737

50,097
1,597,517
1,243,870

35,475
1,075,868
866,950

34,56i
1,021,310
792,889

50,484
!, 347, 518
!, 054, 375

55,435
1,741,542
1,354,217

279,095
79,273
199,822

332,482
93,423
239,059

268,261
62,778
205,483

258,518
62, !7(
196,347

327,550
87,515
240,036

345,223
90,564
254,659

10,800
9,886
44
9,816
825
5,704
689
3,414

5, 187
4,323
47
4, 186
849
6,016
350
3,771

5,232
5,061
51
4,130
842
5,737
235
3,632

6,300
5,479
43
5,294
856
5,595
311
3,501

l!,870
10,502
56
10,719
993
6, 187
563
3,789

4,044
2,849
54
3,021
880
6,362
372
3,891

540.0
95.3
196.5
79
90. 1
60.2
24 1
53 9
12.0

548. 1
125.6
170.5
5.0
95.7
64.3
18.2
57.0
11.8

181.3
44.9
65.0
2.9
.9
42,0
6.9
15.5
3.2

1,251.1
81,4
821.9
86.9
46.9
89.0
57.7
40.3
27.0

561.2
103.5
190.1
7.3
105.0
63.8
30.6
50. 1
10.8

7 15
55

780
58
93
171
375
83
29,530
1,744
3,853
12,633
7,050
4,250

112.4
106.4
1 12.7
112.0
113.7
1 15.2
1 14.0
103.8
109.4
1 16.7
1 15.7
1 1 1.0
106.3
124.4
1 14.8

112.9
106 0
1 13.9
1 10.4
121. 1
1 14,8
1 14.0
103.9
108.7
1 16.9
1 15.9

72
148
371
69
29,232
4,563
2,485
13,046
6,905
2,233

647
39
78
130
334
66
23,309
868
2,735
9, 107
8,009
2,590

COMMODITY PRICES
Consumer price index, ail items
Appare 1.............
Food
Dairy products.. ,
Fruits and vegetables
Meats, poultry, and fish....
Hous ing
Gas and electricity
Housef urn ish ings
Rent...
Med i c 1 a ! care.

1947-49-100..
do. . . .
do....
.do. . . .
...........do....
do....
.do. . .
...do ..
.do. ...
do... ,
do. ...

Reading and recreation.
...do. ..
Tr ansportat i on.
do. ...
Other goods and services
do....
Wholesale prices of selected commodities!
Butter, 92-score (N.Y.)
dol. per Ib..
0.738
Eggs, extras, large (Chicago)
....dol. per doz..
.382
Corn, weighted average, 5 markets
dol. per bu..
1.637
Wheat, weighted average,. 6 markets
do....
2.436
Livestock and meats :
Beef steers (Chicago)
dol. per 100 Ib..
33.41
Hogs, a l l grades (Chicago)....
do....
16.56
.560
Beef, fresh, steer carcasses, good (N.Y.). .'.dol. per Ib..
.448
Pork, fresh, loins, 8-12 Ib (N.Y.)
do....
Metals and manufactures:
Pig iron, composite
,
dol. per long ton..
53.67
Steel, composite, finished
dol. per Ib..
.0471
.2420
Copper, electrolytic (N.Y.)
.....do....
Lead, refined, pig, desilverized (N.Y.)...
do....
. 1900
Zinc, prime Western (St. Louis)
do....
. 1950
Wool, raw, territory, fine, scoured (Boston)
do....
3/1.600

Ml. 3
S06.2
(24.8

m;7
110.3
1 15.5
107.4
1 16.8
106.5
108.0
121.7
1 19.5
112.4
107.7
529.3
117.5

toe: 8

1 17.0
106.5
107.8
I22.d
120.2
M2.5
107.9
129.4
117.9

CONSTRUCTION AND REAL ESTATE
Construction contracts awarded, 37 States(F. W. Dodge Corp.):
Total projects.
number, ,
45,041
Tota 1 .val uat i on. .,,
thous of do 1
1,321,254
Bu 5 Idi ng, tota 1
do. , . .1,055,993
DOMESTIC TRADE
Mail-order and store sales, tota 1,2 companies.. thous. of dol..
Montgomery Ward & Co..
....
.do.
Sears, Roebuck and Co.....
.do...
FINANCE
Federal Government finance:
Receipts, Treasury, total
Receipts, net.....

m i l . of dol..
do....

Income and employment taxes.......
do....
Miscellaneous Internal revenue
do....
Expenditures, total
...do*. ,
1 nterest on debt
do. . . .
National defense and related activities
do....
Stocks, cash dividend payments publicly reported:
Total, dividend payments
do....
1,202.7
Finance
,
, , , .do.
75 7
Manuf actur ing
do. . .
808.2
89 6
Communications
do..
39.2
Heat, light, and power
do,...
74.9
Railroad
do ...
50.7
Trade
,
. ..do
38.4
26.0

£/ Revised. J_/ Index on base previously used (1935-39*100) is 190.1, 2/ See note on corresponding item in the May 1953 Survey, 3/ Norninal price.




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

1952
March

1953
Apri 1

January

February

April

March

FOREIGN TRADE

.
1,447
1,434

1,352
1,342

1,276
1,265

1,196
1,184

1,378
1,369

188,038
177,190
64,346
160,104
844,001

157,666
138,352
56,433
161,775
827,554

134,465
109,465
63,590
106,691
850,688

1 10,576
86,681
50,871
108,222
827,542

1 18,259
106,207
56,587
116,973
971,317

373,055
94,195
184,325
1,060,674
127,794
82,220
78,384
271,199
70,896
69,591
964,244
972,389

296,785
73,839
145,533
1,044,994
129,972
69,588
71,774
246,681
74,324
57,330
932,249
935,476

268,700
54,468
127,983
996,200
124,610
57,393
45,804
238,348
54,787
52,941
927,221
913,589

216,399
47,294
93,631
967,493
124,383
56,273
43,070
223,914
54,489
50,462
856,190
r 848, 274

292,479
172,712
91,061
206,663
172,561

235,974
190,486
85,464
225,958
175,707

208,540
175,810
76,306
221,835
165,788

234,071
207,899
106,064
242,996
200,958

408,324
115,585
75,927
41,832
37,711
527,152
129, 160
45,587
59,082

382,326
123,448
35,465
33,282
38,969
531,263
1 15,429
46, 106
65,112

335,265
121,604
28,816
31,237
r29, 129
513,014
1 19,714
43,841
57,929

405,850
150,361
33,458
44,450
30,011
586, 138
123,092
49,808
64,576

41,129
95,361
54,937
40,425
40,939
1,861

33,857
97,550
55,592
41,959
34,108
1,755

46, 161
84,263
52,686
31,577
35,349
1,815

45,013
77,701
56,948
20,753
40,320
1,892

46,837
64,238
54,592
9,646
56,224
2, 171

21,924
21,501
14,037

18,368
20,284
12,093

19,037
20,225
7,084

21,659
17,583
9,689

30,199
25, 169
14,909

1 10,938
41,594
69,344

124,670
44,287
80,383

107,729
42,960
64,769

106, 176
43,788
62,388

121,090
49,625
71,465

r73l
r 1,765
r2,425
r2,075

r79l
r 1,783
r2,436
2103

930
2,123
2,802
2,215

857
r2,006
r2,709
2,368

936
2,013
3, 163
2,319

do....

8,032
21,451
18,082
3,369

6,642
19,592
16,487
3, 105

8,293
37,077
31,967
5,110

7,396
29,949
25,741
4,207

8,257
22,065
19,026
3,039

of short tons
...do....

1,711
1, 172
661

1,614
1,205
659

1,333
1, 162
622

1,332
1,136
607

1,376
1,264
675

short tons.
do
..do. ..

196,896
80,960
49,084

198,215
89,270
56,337

174,809
87,249
53,272

175,088
86,515
51,963

177,776
94,481
57,025

short tons.
..do....
do

173,694
131,997
32,118

175,075
134,325
33,549

167,21!
126,819
26,752

175,675
137,592
33, 156

182,181
141,873
34,364

48,943
39,161
41,040

39,329
38,225
41,820

47,295
37,678
52,760

45,423
38,811
58,949

47,993
44,361
62,371

Exports, including reexports, total 1 /....».... .mi 1 . of dol.»
Exports of U. S. merchandise, total I/..
..do....
By economic classes:
Crude materials
.thous. of dol..
Crude foodstuffs
,
do. . . .

principal commodities:
\gricultural products, total
do....
Cotton, unmanufactured. .......... ............ ...do....
Automobiles, parts, and accessories J/,
do....
Chemicals and related products I/...,.
do....
Iron and steel -mi II products... . .......... ....do....
Machinery I/ ..... ........... .... .••••.....do....
Texti les and manufactures ..
Genera 1 5 mports , tota 1....

do
do. ...

By economic classes:
300,590
Crude materials ...... ......... . ..............do....
194,082
Crude foodstuffs.
do. ...
93,378
Manufactured foodstuffs and beverages
do....
Semimanufactures
.
... . * do. . . 215,548
168,791
By principal commodities:
436,368
Agricultural products, total ... ... ..... ...... ..do.. .
138, 122
80,730
Rubber crude including guayule
.
do
Sugar
.
..
. . do . . 43,698
33,850
536,021
Nonagr icu Itura 1 products total
. do
132, 186
Nonferrous ores, metals, and manufactures
do....
44,960
Newspr int
do. ...
55,513
Petroleum and products
.
do

250,491
45,064
1 14,364
1,118,851
151,579
66,609
46,799
269,816
62,407
58,572
1,004,200
991,987

CHEMICALS AND ALLIED PRODUCTS
Alcohol, ethyl:
Stocks total
.
..
In industrial alcohol bonded warehouses
Used for denaturatjon. .

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

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

Alcohol, denatured:
Production

........thous. of wine gal..

Stocks
Paints, varnish, and lacquer:
Trade sales

.

......

do. ...

.......

.do..

LEATHER
Leather production:
Calf and kip
.
..
.....thous. of skins
Cattle hide.
....
.... ....thous. of hides..
Goat and kid
thous. of skins..
Sheep and lamb . ...... ....
.do....
METALS AND MANUFACTURES
Iron ore (Lake Superior district):
Stocks, end of month, total.
Castings, gray iron:
Orders unf 5 1 led for sale
Shipments, total. ..... . . .

thous

Castings, malleable iron:
Orders, unf i 1 led, for sa le
............
Shipments total
For sale....
....
.........
Castings, steel:
Shipments, total
For sale, total ....
.
Rai Iway specialties
Lead, refined (primary refineries):
Production.
Shipments (domestic)

do. . , .
.do. ...

£/ Revised. _[/ See note on corresponding item in the May 1953 Survey.




7,675
21,661
18,904
2,757

46,729
39,487
69,608

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

195>3

195 2
March

METALS AND MANUFACTURES - Continued
Machine tools:
New orders
1945-47-100. .
324.3
Shi pments . . .
•
do. . . . 299.5
Pumps, steam, power, centrifugal and rotary:
Orders, new........
thous. of dol..
5,925

April

January

Feb uary

March

293.5
307 9

255.8
361 6

282.1
354.5

r323.3
r375 7

6,354

5,752

6,521

8 255

198,028
205,825

192,882
193,039

203,214
218,288

183,736
195, 133

202,458
217 073

259, 126

270,679

272,250

273,589

275 665

43,402
39,482
48,750
37,971

39, 353
37,602
51,634
38,561

47,379
40,515
1/80,655
45,910

42, 153
35,704
67, 167
44, 178

46, 157
38,931
59,802
41,600

4,921
!0, 169

4,831
10, 154

3 596
1 1,224

4 321
1 1, 134

99,093
87,096
18,724

92,553
81,819
17,917

1/96,796
1/86,221
1/18,408

1/105,897
1/93,963
1/20,202

6,727

7, 183

9,082

7,685

152,556
8, 133
9,527

143,512
8,378
9,366

141,746
8,772
7,575

149,069
8,804
7 748

7,020
9,754

6,670
9 425

Apri 1

277.0
373 1

PETROLEUM AND PRODUCTS
Crude petroleum:
Production.
thous. of bbl..
Consumption (runs to stills)..
do....
Stocks, end of month:
Gasoline-bearing in U. S
do....
Refined petroleum products:
Fuel oi 1:
Production: Distillate fuel oil
do....
Residual fuel oil................
do....
Stocks, end of month: Distillate fuel oil
do....
Residual fuel o i l
....do....
Lubricating oi Is:

4 210
1 1 , 250

Motor fuel:
AM types:
Gasoline and naphtha from crude petroleum
do....
Natural gasoline and a l l i e d products
do....
Sales of 1. p. g. for fuel, etc., and transfer

1/107,413
1/95,609
1/20,617

7,787

Stocks , gaso 1 i ne , end of month :

Aviation gasol ine:
Product i on , tota 1
Stocks, tota 1

do. . . .
do. . . .

6,922
8,529

6, ! 16
7,633

153,315
9,416
8 268

7 34 1
9

QOO

TEXT!LE

Cotton : 2 /
PRODUCTS
Consumption......
. „.. ,.. .bales.
Manufactures;
Spindle activity (cotton system spindles):
Active spindles, last working day, total ... .thousands. .
Consuming 100 percent cotton
..do....
Spindle hours operated, a l l fibers, total. .mil. of hr..
Average per working day
do
Consuming 100 percent cotton
do. ..
Operations as percent of capacity.....
Rayon and acetate:
Shipments, domestic, producers1:
Filament yarn
m i l . of Ib..
Staple (incl. tow)
do....
1
Stocks, producers , end of month j
Filament yarn..........
. do
Staple (incl. tow)
do....

-JTtK

*)K \

QAQ C\KK

OQTl Qf\(i

"TiCC TJQ

"7"7*> i -i*

21,159
19,885
9,040
452
8,478
122

20,910
19,613
10,607
424
9 948
j 15

21,680
20,3!4
12,282
501
I I 52|
136

21,622
20 277
10, !79
5 18
9 561
140

21,575
20 221
10,251
5 13
9 635
140

55.6
19 9

57.7
2| 6

76.7
24 i

70.9
18 5

21 9

101 7
18.0

99 i
18.9

64 0
18.8

62 9
16.4

62 3
16.1

905,07<l
21,259
19,926
12,353
CQ J

11

608
137

80.5

jr/ Revised. \J See note on corresponding item in the May 1953 Survey. 2/ Data for April 1952 and January and April 1953 cover 5 weeks?
other months, 4 weeks.

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $330

FIRST CLASS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

Permit .No. 1009

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS