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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 30 1952

SELECTED BUSINESS INDICATORS
BILLIONS OF KILOWATT-HOURS

1938- 1939 • 100
300

9,0

250

8.0

200

7.0

150

6.0

STEEL PRODUCTION
(Ingots and Steel for Castings)

IOO

I i » i I » i i 1
JAN.

! t i i I! i i i Ii i i Ii i iIi iii Iiii Iii i1 t i ii 1 i i i I

ELECTRIC - POWER PRODUCTION
By UTILITIES

5 o I i i i I i i i.l i i i i I i i i I i i i i I i M I i i i i i Ii Ii Ii 1i Ii Ii Ii !i Ii I>
"

FE8.

""-

ftUS. ---SEPT.

I I I j I I I 1I
OCT.
NOV.
DEC,

HOURLY EARNINGS and HOURS
in MANUFACTURING

J40

40

100

1949

1949

1952

1950

WEEKLY

BUSINESS

36

I960

1951

1952

STATISTICS1

1951

1952

TTFM

May 26

May 19

Commodity prices , wholesale (revised series):

28 coaaodities 2/. ....»«.«.«».««....«.*. ..August 1939=100..
Cotton, middling, 15/16", 10 markets 2/«......dol. per lb««
Wheat, Ho. 2* hard winter (Kansas City) 2/....dcl. P61* b&«*

CGiHQerci*O t Industrie, an$ flgr* loans (gross ).eado.«o.
Bond yields , domestic corporate (Moody* s ) j/
. •percent*
Stock prices, 416 stocks (Standard and Poor's). .1935-39=100.
Production:

May 10

May 17

•m,*
107.9
108.3
11?.9

vn .*

296.7
.387
2.48
117

295.9
.384
2.42
99

28,439
23,632
19,940
7%

28,544
24,067
20,034
970

28,524
23,764
19,953
865

28,325
11.804
52,153
73,076
31,216
20,872
168
3.16
1B1.9
197.4

28,271
11>671
52,303
73,333
31,456
20,7%
150
3.16
179.8
1914.6

28,224
11,813
51,887
73,168
31,389
20,723
161
3.16
183.6
199.0

?*,1?1
10,425
51,955
73,230
31,397
20,707
154
3.15
183.0
198.4

1,625
7,135
124,832
6^277
233.8

1,429
6,949
118,326
6,203
l^TI.?
745
366

1,338
7,039
120,190

1,392
7,065
119,939

198.9
720
357

235.5
754
373

362,4
.452
2.34
100
9147
929

294.0
.385
2.48
HI
1*146
1,118

27,307
23,913
19,072
766

27,281
23,411
18,606
291

28,367
23,973
19,875
792

26,106
9,741
49,350
69,582
30,425
19,233
171
3.09
172.4
187.4

25.305
9,284
49,865
69,493
30,382
19,129
191
3.10
169.0
183.6

1,606
6,559
346,292
6,094
232.7
809
397

1,623
6,653
150,748
6,081
232.0
812
*96

I/ Data do not always cover calendar weeks. 2/ Thursday prices,
for Ifey 1951. »* MonthOy index for April 1952.




Ifey 3

wnii.Q
«*108.7
**108.Q
**113.4
293.2
.400
2.49
105
1,161
1,133

•115.9
*115.7
*112.3
*116.8
367.1
.452
2.37
99
975
957

Finance t

Federal Reserve reporting member banks in leading cities:

Apr. 26

779
376

108.3
10B.7

119.3

May 24

112.0
110.6
108.7
113*0
297.7
.387
2.45

28, 511
23,794
20,127
941
lit 913

3.16
183.9
199 /

118,438
238.9

Daily averages, tf Week ending May 31, 238.0. * Monthly index

MONTHLY BUSINESS STATISTICS
R»rllftr data are avnllablft in monthly Isffuaa of the Surrey
and the 1951 Statistical Supplement

1952

19 51
April

March

January

February

larch

April

BUSINESS PORJIATION
Industrial and seaassrcisl failures:

Retail tTade**.. .......

*.,..

.do.,*.

732
69
83
115
377
88
17,652
1,17*>
3,292
5.169
5,605
2.211

693
52
81
119
365
7£
17,064,
1,055
2,268
5,894
5.647
2*200

671
50
68
143
34B
62
£6,206
/v,249
2,672
8,365
7,761
J;
5fil6l

619
52
TO
ITS
304
60
19,474
1,64,9
1,915
5*614
6,548
^.723

715
55
72
148
371
69
29,232
4*563
2,485
13,046
6,905
2,233

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

184,5
203,1
226.2
2B7»*>
204.6
217.1
272.2
M4.2
97.2
205.0
210.7
13&.7
164.3

1&U6
20^.6
225*7

189>1
;s?4,6

188.0
20% 5
227*6
191.2
215.7
145.3
97*9
206.8
207,6
140,5
170.7

3/188.7
202.7
230.0
191.1
212*6
247.2
266*7
145.3
98.0
206.1
206*2
140.8
171.1

COJ4MODITT PRICES

Fuels, electricity, and refrigeration •••••••••••••••••do....

204. i
234*8
272,6
144.0
%«9
205.0
211 «8
135.1
164.6

U5.0
97.6
206.8
209,1
169,6

1JS7«9
SOft.^3
227.5
1%,9
217.0
223*5
3T1.1
U5.3
97.9
206.7
208*6
140.2
170.2

49,4%
4S,376
1,374,991
1,267,450
1,108^69
1,043,823
1*406,456 / 1,04*4,434

31*842
902,091
695,397
1,196,796

33,767
885,206
69793&2
783,429

45,QU
1,321*254
1,055,993
71,052,851

50,097
1,597,517
1,243,870
1,180,340

380

378

m

379

406.1
549*3

,407*2
550.6

r4£7>9

ma

O3.4
557.1

^,%B
1^4»t)S6

8,025
:!47*902

7*£55
132,616

'I8e*i

232 o4
190*6
215*8

afi.1.4
:r?'ui

r*9*7

232.1
267*7

CONSTRUCTION AND REAL ESTATE
Contract awards:
37 States (P. W. Dodge Corp*)s

Construction cost indexes:

376

Engineering News-Record; jj

!

r400.1
7^.0.0 !

376 !
?
401.1
54:^.9

DOMESTIC TRADE
Money orders, domestic, issued (50 cities):

5,536
124, ?77

7,18?
128,681

7,2ft«
130,038

41*1
41.9
40*0
64*57
69^0
58*40
1.571
1.654
1.667
1.369
1*387
1.540
1.797

41.0
42.0
39.7
64*70
69*63

w-vO.8
7,41,8
739,5
766.91
r7?,.15

1*578
1.659
1.662
1*424
1.386
1.546
1.796

r6ofr04
rl«640
rl*726
rl.74D
il»422
rl»442
rl.585
rl.852

1.652
1.745
1.582
1.838
1*599
1.402
1.460
1*442
1 «,H2
1^317
1.264
1.514
1.947
1.612
1.944
1.647
1.269

1.655
1*749
1.588
1.829
1.613
1*405
1.465
1.4&8
1.157
1.325
1*232
1.519
1.948
1.623
1.974
1.649
1*278

rl.7DO
1.818
pl.676
rl*915
rl*687
1,462
1.520
rle524
rl»179
rl.347
rl.209
71.562
r2.002
71.660
P2.021
rl.SU
71.290

EMPLOYMENT AND WAGES
Hours and earnings:
Average weekly hours per worker, all wmuf aoturing., hours*.

Average hourly earnings, all manufacturing.. ».....*.«do..«»
Lumber and wood products (except furniture) *,*•». do* *•*

Fabricated metal products (except ordance, machinery*

Miscellaneous Manufacturing industries

do«,«*

Apparel and other finished textile products

do*...

Printing* publishing, and allied industries...* ..do*...
Products of petroleum and coal.........

..do....

*aa&

»40.7
»U.7
?39.4
766;9l
^72.18
r59.97
71.6U
71.731
rl*760
rl«451
1.451
71.593
rl.8U

A&0.6
41,6
r39<,3 .
167.19
r72*55
r60,09
rl*655
^1*744
71.779
rl*467
rl*469
71.603
71*848

P40.0
1*1*1
P3«*5
p66*24
p71*a4
P58.71
pl.656
Sl.748
pl.770
pl«493
pa*463
ja.607

rl*?08
71.828
71.682
7l.9fc8
71.695
yl*477
1^522
rlo531
71.186
1*348
rl.293
71.567
72.019
rl.660
r2.012

rl*715
rl.841
1.695
71.934
rl.709
rl.482
71.529
rl*544
1.199
rl.347
rl.283
71.580
72.038
71.673
72.015
rl.809
71.305

pl*721
?1.836
pl.699
pl*947
pl.700
pl*483
pi* 525
pl,546
pl.191
pl.337
pl.239
pi. 577
P2.033
pl.681

71.811

rl.300

pi*aa

pe.on

pl.794
pl.310

r/ Rerlsed. £/ Preliminary. I/ Index on old basis for April is 189.6. 2/ Data for March 1951 and Janu&ry 1952 are for 5 weeksj other
months^ 4 weeks, jj Data reported at the beginning of each aonth are shown hinre for the prerioua aonth.




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

1951
March

1952
April

January

February

March

April

FOREIGN TRADE

Exports, including reexports, total j/.,
.mil. of dol**
Exports of U. S. merchandise, total ^/**. •••••••••*. •••do**.*
Bjy economic classes:

1,285
1,266

1,370
1,353

rl,250
rl,238

rl,330
rl,317

173,226
123,998
75,166
131,429
762,295

228,512
163,562
82,412
134,549
743,804

P255,350
rl28,136
r60*406
r!37,168
r656,815

228,045
r!29,265
74,126
138,742
r746,658

188,112
175,216
63,892
159,901
815,686

332,396
83,756
130,715
933,716
Automobiles* parts, and accessories l/..«.*.«..««do«»..
107,816
79,012
55,384
223,846
56,260
85,530
rl,101,500
rl,035,090
By economic classes s
r309,535
r233,935
Manufactured foodstuffs and beverages, .««•««.*
do.**.
r93,H6
r228,530
169,974
By principal commodities 2
r538,978
153,040
74,347
40,626
r84,933
r4%,l!2
Nonfwrrotis ores, metals, «n£ :itt&ttfactures.«««..*«do*««»
r77,015
31,209
U,057
50,601

419,984
117,761
177,297
r932,854
110,488
82,929
48,125
227,414
58,584
79,036
r-1,033.000
r966,C08

rj/7,024
148,921
r!30,235
r860,850
r77,987
r76,!63
62,962
r213,309
r65,049
r56,162
921,638
r934,8%

r377,502
132,039
r!45,609
r939,333
100,542
78,617
63,080
r240,606
64,207
59,888
892,100
r901,031

370,668
94,236
181,897
1,032,138
109,743
80,104
78,910
262,594
71,264
69,462
962,500
971,630

337,649
r!59,590
89,546
r2!6,oa
rl63,lB3

269,233
193,779
r79,333
r205,092
167,459

269,834
207,047
r75,5U
186,323
r!62,3l6

300,122
193,305
92,7U
216,172
169,317

r479,068
96,645
73,232
39,717
105,037
r486,940
69,182
29,240
39,356
r51,428

r437,299
134,047
80,393
25,987
37,906
r477,597
65,594
33,447
r6Q'4$

439,207
153,943
73,821
29,394
33,648
r46l,823
75,677
31,727
43,246
53,717

434,935
138,108
80,730
43,382
33,850
536,6%
132,573
29,326
44,960
55,321

8,801
33,010
5,605
787
28,407
1,537
576,081
36,529
924,237
175,502

9,703
25,664
8,263
1,510
48,928
1,479
537,799
32,603
908,712
173,137

9,710
44,823
6,420
741
26,284
1,977
656,307
50,536
1,269,791
248,037

9,481
32,248
5,826
636
29,072
1,715
593,420
48,986
1,072,252
220,934

7,787
27,248
6,805
864
24,341
1,656
557,237
48,201
1.050,706
213,346

40,570
564,059
164,129
534,673
529,584
1,724

34,751
567,747
171,703

32,439
293,390
40^217

24,680
692,525
221,145

524*305
1,818

84*442
364,959
72,083
581,3%
573,699
1,613

lU?3

r86oj405
1,241

7,372
17,335
14,919
2,417

7,235
15,072
13,258
1,813

7,527
35,927
30,369
5,558

7,229
29,207
24,693
4,5U

8,022
21,451
18,082
3,369

1,440
818
2,390

1,363
767
2,337

1,199
694
1,801

1,155
655
1,766

1,172
661
1,711

270,091
r!02,173
r60,771
6,016

279,561
97,921
58,199
5,888

202,799
87,003
54,988
6,040

193,061
82,898
50,129
5,785

196,896
80,960
49,034
6,300

rlS2,765
134,184
43,320

181,908
129,059
40,818

183,738
139,488
36,650

r!74,626
r!33,602
31,317

173,694
131,997
32,118

50,701
50,927
27,259

44,362
42,033
29.437

43,746
40,390
28.578

44,133
41,291
31.297

ruc£o

Manufactured foodstuffs and beverages.. *•»»»*«««. ..do****
By principal commodities:

1,416

FOODSTUFFS
Grninft;
RreeS.pt a, principal sasrketsJ

Sugar, U* Sa, deliveries i&ad eupply (raw tfilu©):

Stocks, 3fsv and x-ofined, end of mo»#,thous» of short tons*.

7,194
IB, 316
6,602
480
22,191
1,557
556,992
45,703
944,623
191,803
596,991
180,047
642,125
639,682

MRIAI3 ATO MNHUEIC1QRES
Iron ore (LaV.« Superior district):

Castings, gray Iron*

Castings, malleable iron:

Castings, steel:

Lead, refined (primary refineries):

r/ Itarlfled. ]/ See note on corresponding item in the May 1952 Survey.




48,943
39,161

6,616
19,592
16,487
3,105

5,225

39,329
38,225

41.&20

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

1952

1951
March

April

January

February

March

April

METALS AND MANUFACTURES - Continued
Boilers, radiators and convectors, cast iron:
Boilers (round and square):
Radiation:
Shipments** ••«••••««••.• •«••«••••• •••••thous* of sq. ft*.
Oil burners:
Orders, unfilled, end of month

•

•••••

number**

19,456
57,400

12,898
67,150

11,318
73,039

10,211
77,267

9,161
81,800

4,658
3,717

3,550
4,842

2,784
8,382

2,226
8,702

2,074
8,893

56,894
55,421
69,485

53,729
46,877
75,071

40,256
45,748
77,518

36,789
37,792
80,775

39,163
40,038
81,408

590*3
158.9

516.1
157.7

347.8
266.6

318.8
279.6

r324«3
r299.5

187,624
200,535

183,800
185,488

192,712
205,829

184,654
193,524

198,028
205,825

233,824

243,1^0

254,007

255,900

259,126

41,129
41,771

35,139
36,908

45,141
41,483

44,314
38,352

43,402
39,482

42,978
37,516

U,736
36,910

3/66,%9
i/39,523

55,369
38,295

48,750
37,971

5,108
8,209

5,175
8,393

4,%3
9,856

4,456
10,049

4,921
10,169

93,378
82,140
17,780

87,319
76,826
16,708

98,551
87,446
19,058

93,134
r82,052
18,070

99,093
87,0%
18,724

133,465
7,991
8,109

130,501
8,687
8,522

136,161
8,178
7,8%

143,910
8,002
8,585

152,556
8,133
9,527

903,041

985,227

922,559

768,889

736,535

847,444

21,134
19,903
12,447
505
11,699
1?6

21,360
20,102
11,399
465
10,686
126

21,126
19,854
9,265
471
8,6%
127

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

20,910
19,613
10.607
424
9,948
115

Machine tools:

P294.4
P309.7

PETROLEUM AND PRODUCTS
Crude petroleum:
Stocks* end of month:
Refined petroleum products:
Fuel oil:
Reduction :
Distillate fuel oil ..........•••.••••.••••...•••do....
Stocks, end of month:
Distillate fuel oil,* «.«...«•••»•••«••«•

....doe...

Lubricating oils:
Motor fuel:
Gasoline and naphtha from crude petroleum. .«.*... do..,*
Natural gasoline and allied products... .
.
.
.
.
.
. ...do....
Stocks, gasoline, end of month:

TEXTILE HIOIXJCTS
Cotton: 2/
Manufactures, spindle activity (cotton system spindles):
Active spindles, last working day, total. ••• .» thousands..
Spindle hours operated, all fibers, total* • • .mil. of hr..

22,246
20,957
11,083
554
10,436
150

r/ Revised. £/ Preliminary. J/ See note on corresponding item in the May 1952 Survey. 2/ Data for April 1951 and January and April 1952
cover 5 weeks; other months, 4 weeksJ number of active spindles are for end of period covered.

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

Permit No. 1009

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




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