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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
MAY 9, 1952

Avoiloble only with subscription to the monthly magazine SURVEY OF CURRENT BUSINESS

SELECTED BUSINESS INDICATORS
BILLIONS OF KILOWATT-HOURS
9.0

1935- 1949 • 100
300

STEEL PRODUCTION
(Ingots and Steel for Castings)

250

ELECTRIC - POWER PRODUCTION
By UTILITIES

1951

1952

200

6.0 -/—*

150

5.0

IOO
OCT.

NOV.

PT.

DEC.

OCT.

MOV.

DEC.

BILLIONS OF DOLLARS, SEASONALLY ADJUSTED, AT ANNUAL RATES
300

SEASONALLY ADJUSTED, 1935-39"100
350

INDUSTRIAL PRODUCTION
250

200

^NONDURABLE MANUFACTURES

150

100
1949

1950

1951

1952

1949

1950

1952

1951

1

WEEKLY BUSINESS STATISTICS
1951

ITEM
Apr. 28

1952
May 5

Apr. 5

Apr. 12

Apr. 19

Apr. 26

May 3

Commodity prices, wholesale (revised series) :

Cotton, middling, 15/16", 10 markets j/
dol* per lb..
Wheat, No. 2, hard winter (Kansas City) ,2/....dol. per bu..
Insured unemployment, total

...thous..

Finance:

Federal Reserve reporting member banks in leading cities:

Commercial, industrial, and agr. loans (gross)... do,...
Bond yields, domestic corporate (Moody1 s) ^A. ...... percent..
Stock prices, 416 stocks (standard and Poor's).. 1935-39=100..
Production:

370.5
.453
2.43
113
979
958

**112.3
**108.3
**109.2
**113.9
297.0
.417
2.50
109
1,169
1,139

111.6
107.4
107.9
113.2
296.5
.417
2.50
111
1,182
1,152

111.5
107.2
107.9
113.2
294.2
.410
2.49
97

111.3
106.7
107.7
113.1
293.2
.400
2.49
105

111.2
106.7
107.4
113.0
294.0
.385
2.4*

27,185
23,789
19,176
694

27,291
23,724
18,942
456

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

28,489
23,632
19,940
7%

25,792
9,932
50,214
69,863
30,805
19,127
162
3.09
173.9
189.4

28,429
11,750
50,163
70,108
30,836
19,186
163
3.08
178.1
194.4

30,682
12,637
51,162
73,111
31,163
21,172
185
3.17
187.6
204.2

25,747
10,745
51,176
72,917
31,006
21,049
184
3.17
186.0
202.3

27,364
11,313
51,823
73,108
31,244
21,052
188
3.16
182.9
198.5

28,325
11,804
52,153
73,076
31,216
20,872
168
3.16
181.9
197.4

1,741
6,674
153,586
6,069
231.3
825
398

1,615
6,560
144,830
6,090
232.9
803
392

1,537
7,219
116,282
6,280
237.6
707
384

1,342
7,154
115,879
6,271
U5.0
691
354

1,533
7,104
121,805
6,271
228.2
735
366

1,622
7,140
124,832
6,277
233.8
779
376

*U6.3
*117.5
*111.8
*117.1
372.9
.452
2.44
101
967
945

11,671

150
3.16
179.8
194.6

120,373

I/ Data do not always cover calendar weeks. 2/ Thursday prices. 3/ Daily averages„ * Monthly index for April 1951. ** Monthly
index for March 1952«




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

IS>51

195>2

April

March

January

February

March

April

COMMODITY PRICES
Frices received by farmers, all farm products... 1910-14=100..

311
276
245
221
437
359
202
265
386
343
428
280
217

309
275
247
222
438
363
209
225
385
340
428
273
215

300
277
251
234
A31
325
171
337
303
320
376
316
200

272
269
274
280

273
269
276
283
109

2,198
1.634
862
New dwelling units .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
. .do. . . , 785
61
Nonresidential building, except farm and public utility,
total
• trail, of dol. .
143
128
83
264
584
Residential
do....
37
255
41

2,388
1,691
898
810
72

1.472
720
650
57

289
959

2/9
23O

288
265

168
217
2%
317
377
317

979

950

229

229
/35

Z.36

313

290

309
176
265
284
310
379
305

181

177

275
271
278
287
105

276
271
281
288
100

276
271
281
288
100

9.197.

r2 014
rl A05
r676
600
r63

r2 2%
•pl.571
r799

399

71/

207

212
79
80
272

313
179
308

279
306
37?

291
180

Prices paid by farmers:

All commodities, interest, taxes, and wage rates..... do....
Parity ratio (prices rec*d to prices paid by farmers) ..do....

in

276
971
9ftO

289
100

CONSTRUCTION AND REAL ESTATE

409
152
125

Tin
r77

2 /7*1
1 656
846
75O

84

61
80

283
56
160
69
87

198
83
80
262
652
67
267
125
75
59
59

73
75
250
r6o9
66
251
115
r70
r56
56

62
r2%
132
r!05
r68
r68

47,978
24,150
22,910
20,567
47,978
21,450
19,014
647
23,041
46.2

46,883
23,560
22,742
20,567
46,883
20,748
18,901
452
23,143
46.9

48,941
23,783
22,729
21,731
48,941
21,004
20,077
634
24,405
47.9

49,323
23,904
22,528
21,992
49,323
21,336
19,982
728
24,423
48.1

48,590
23,270
22,534
22,n5
48,590
20,746
19,733
r492
24,371
49.0

49,213
23,632
22,363
22,106
49,213
21,175
19,940

254,997
252,553
219,028
33,525
21
21,806
27,119

254,727
252,280
218,690
33,590
2,447
21
21,805
27,278

259,775
257,482
221,249
36,233
2,294
38
22,951
28,386

260,362
258,136
221,776
36,360
2,226
9
Jl
r23,190
28,465

258,084
255,794
219,301
36,493
2,290
41
r23,291
r28,473

258,292
256,102
219,356
36,746
2,191
U
23,297
p28,460

4.00

4.11

4.26

4.22

4.16

4.07

170,3
184,4
175.0
169.0

172.3
187,3
179.4
168,8
310,2
148,7

187,1
204,3
192,4
169.2
H7,0
155.4

183,2
199,1
184,7
166,0
n7,5
155.0

185,2
201.4

183.6

184.4
167.2
n7.7
161.3

199.4
180.7
166.3
n6.7
164.6

3.152

2,828
627
66

2 886

3 624

9 919

179

79
010

T7C

T*
76

~\f\r

l./£3

1.888

no

95
283
697
42

205

87
88
290

T«725

59
319

140
72
80

FINANCE
federal Reserve banks, condition, end of month:
Reserve bank credit outstanding, total......

..do....

24,332
48.6

Federal Government finance :

Obligations guaranteed by U. S. Government

do....

Security markets, stocks (Standard and Poor's):
Dividend yields, preferred, high-gradedl stocks). percent..
Price:

Public utility (31 stocks)

do....
348,7

TRANSPORTATION
Freight carloadings:
3,785
689
81
229
35
101
425
1.979

61
193
lOjft

TO/7

216

07
TO

39/

263

1.580

1.405

587

65

0£
911

vn

r/ Revised. £/ Preliminary. J/ Data for March 1951 and March 1952 are for 5 weeks j other months, 4 weeks.




234

«o

175

i-/P.n

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

1952

1951
February

December

March

January

February

March

GENERAL BUSINESS INDICATORS

Personal income, seasonally adjusted, at animal rates:
Total personal income
bil. of dol**
243.3
Wage and salary disbursements, total...
do....
163.4
Commodity-producing industries
.do. ...
72.4
Distributive industries*••••
•
• .do «...
44.5
19.8
Service industries.••
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
d
o
.
.
.
.
26*7
Government
do....
160.0
Wage and salary receipts, total..................do....
3.8
Other labor1 income
....do....
48.2
Proprietors and rental income......
..do....
19.2
Personal interest income and dividends.............do....
12*1
Transfer payments
• • .do....
lees personal contributions for social insurance...do.*..
3.4
222.9
Total nonagricultural income...•.•.•...**_,..*........do....
Farm income and marketings:
1,899
Cash receipts from farming5incl. Gov't, payments.mil.of dol..
Rarm marketings and CCC loans, total.*.....
....do....
1,873
Crops
.«
.do... .
557
Livestock and products, total.............
....do....
1,316
Dairy products
.do... •
317
Meat animals
....••do....
769
220
Poultry and eggs...........................
do....
Indexes for cash receipts from marketingsand CCC loans,
281
all commodities I/..........................1935-39=100..
Crops...
...........do....
195
Livestock and products.........*...
...do....
346
Indexes of vol. of farm marketings, a 11 commodities I/..do....
±04
Crops..*.......
do....
79
Livestock and products...............................do....
123
Industrial production (Federal Reserve):
217
Unadjusted, combined Index
1935-39=100..
228
Manufactures.
.do....
268
Durable manufactures
..........do...*
252
Iron and steel
....do....
Lumber and products****
do*...
154
Furniture.
.do..* *
193
Lumber
.........do....
134
328
Machinery.
do*.. *
217
Nonferrous metals and products.*
.do....
222
Smelting and refining.
do..**
221
Stone, clay, and glass products
do....
176
Clay products
.do....
Transportation equipment.
do. • • «
304
262
Automobiles (including parts)
*
do....
1%
Nondurable manufactures.
.do....
291
Chemical products
do...*
510
Industrial chemicals
.do. *..
Leather and products..................
....do....
125
120
Leather tanning.
*
do...*
128
Shoes
.do, *. *
149
Manufactured food products.....
•••••do.*.•
Meat packing
do....
342
100
Processed fruits and vegetables
do....
Printing and publishing.
„. . .do. * * *
176
Rubber products
.do....
235
Textiles and products..........................do....
194
Cotton consumption
.do....
174
390
Rayon deliveries.
.....do.,..
Minerals.
*
do....
153
Fuel s.
,
. do . . . . 163
89
Anthracite.
*
do.. . .
Bituminous coal.**.
*
*
do****
125
Crude petroleum
.do* • • •
185
Metals
do..,.
94
Adjusted, combined index 2/,.*
*
do.*..
Manufactures
do....
Durable manufactures
.do. . * *
Lumber and products......
........••do*...
Lumber.,.....................................do....
Nonferrous metals
........do....
Stone, clay, and glass products.
do....
Clay products
do....
Nondurable manufactures.• ••
••• ,do....
Chemical products
••...
do...•
Leather and products.............
*
do****
Leather tanning.....
.do*...
Manufactured food products
.....do....
Meat packing.....,.....,,............,.,,...,do,...
Processed fruits and vegetables..............do....
Printing and publishing*
*
do....
Minerals....
do.*.*
Metals
do..**

221
232
271
169
156
217
237
186*
201
288
122
112
166
148
158
177
158
131

245.5
165.9
73.7
44.9
20.0
27.3
162.2
3.8
47.7
19.7
12.1
3.7
22:>.2

258.6
175.4
76.8
46*5
20.7
31.4
171.9
3.9
49.8
20.7
12.3
3.5
235.9

257.7
175.8
76.7
46.8
20.7
31.6
172.1
3.9
49.9
19.3
12.9
4.1
235.8

2,071
2,019
523
1,4%
366
834
275

3,115
3,097
1,530
1,567
337
868
356

2,642
2,619
1,111
1,508
330
924
243

303
183
393

467
541
412
160
168
155

395
393
397
345
137
151
216
226
278
261
142
174
125
359

92

217
227
280
263
140
176
122
359
207
235
211
177
321
222
185
302
561
88
79
94
158
195
98
178
250
152
136
283
158
170
86
135
193
88

222
234
277
169
156
209
243
189
199
292
118
105
167
159
176
176
158
127

228
282
153
341
207
218
172
185
298
88
79
161
163
126
174
163
121

in

71
141

219
231
275
263
160
195
341
335
209
225
232
180
334
265
194
2%
524
118
104
127
349
347
97
179
239
188
175
374
153
163
48
217
189

a5

243
205
166
307
203
184
301
557
100
86

r258.3
r!77.3
P77.4
r47.0
20.9
r32.0
r!73.7

3.9

r48.6

r!9.9
r!2.6
4.0

r238.0

2,010
638
1,372
330

2,043

2,087
2,044
613
1,431
376

809

794

227

251

303
226
361

308
217
377

n5

n6

218
228
r280
261
r348
r!76
133
r358
r217
r249
r208
r!65
r319
215
186

p217
p227
p280
262
P149
p!75
P135
P355
p218
P253
p210
P164
P319
P214
P184
P297
P561

82
340

298

87
170
250
157
344
2%
162
175
91
347
194
86

r558
109
%
118
349
175
r84
175
245
rl60
150
294
r!62
P174
77
135
r!99
r91

220
230
281
159
150
215
217
180
189
299
100
86
163
162
134
175
167
123

222
232
r283
r!62
154
r217
r224
r!75
190
r2%
107
90
165
182
P134
177
r!67
r!27

no

152
193

257.8
177.2
77.3
47.1
20.7
32.1
173.6
4.0
47.4
20.6
12.6
4.0
238.0

74
148

P149
p!70
p83
p!81
P244
p!53
341
287
p!59
plTl
67
122
p200
P90
p220
P230
p282
p!57
P347
p218
p220
p!72
p!88
P293

p!67
P183
P151
p!77
P125

r/ Revised. £/ Preliminary* \/ Unadjusted. 2/ Indexes for which seasonal factors havs been fixed at 100 are not shown; see unadjusted
series*




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

1951

February

March

1952

December

February

January

March

CHEMICALS AND ALLIED PRODUCTS
Alcohol, ethyl:
In industrial alcohol bonded warehouses* .«..«

«do«...

Alcohol, denatured:

34,721
59,664
57,322
2.342
30,146
3,881

35,722
65,982
59,568
S/i1/*
39,879
2,952

39,732
89,377
59,298
30,079
42,072
2,417

42,253
94,742
58, 960
35,782
48,919
1,992

42,421
94,645
58,971
35,673
44,935
1,788

a.129

16,287
16,340
1,533

21,438
20,448
2,517

22,464
21,944
8,333

26,106
24,752
10,476

24,060
21,388
13,608

21,914
21,491
14,035

33,102
28,219
4,883

36,172
30,920
5,252

38,459
33,143
5,316

39,710
34,203
5,507

36,768
31,536
5,232

38,568
33,040
5,529

6,079
5,243
9,920

7,514
6,675
10,334

6,284
6,077
9,240

6,967
6,442
9,307

6,601
5,601
9,897

7,328
6,099
10,662

28,571
13,612
820,129

35,339
10,280
843,251

19,382
7,746
925,197

17,026
6,592
932,563

15,546
7,746
936,386

15,009
9,757
940,071

16,235
7,811
707,673
12,238
11,170

19,979
6,115
720,713
8,448
7,269

10,463
4,682
760,803
7,349
6,516

9,548
4,095
765,029
5,094
4,348

9,114
4,645
768,047
6,052
5,394

8,648
5,536
768,745
7,060
6,174

1,235
159,334
488,673
181,001
60,166
35,545
195,439
50,000

rl,400
r!82,647
r549,930
r203,733
r66,181
38, 611
r2l6,545
67,000

1,277
167,475
490,399
191,814
62,126
35,526
192,799
77,195

1,436
199,797
559,914
208,833
to,?14
39,480
207,014
83,501

rl,373
199,614
r523,737
r201,035
59,548
37,651
194,723
82,763

1,456
211,906
552,033
213,340
61,776
39,041
214,847
86,773

97,398
13,562
8,871
23,385
11,502
648
37,282

r94,453
r!2,6!6
7,500
r21,000
11,799
1,039
38,261

107,057
8,718
11,462
29,508
12,184
1,816
37,969

108,352
11,150
12,583
26,472
11,219
1,540
39,227

113,520
12,547
14,339
27,902
10,100
1,781
38,912

124,073
13,369
16,557
28,67j.
13,407
1,039
41,861

95,360
54,937
40,423
40,922
1,861

ELECTRIC POWER
Electric power, production, total* •• ••••••• ••nil* of Inu-hr..
FOODSTUFFS
Fermented malt liquors:

Distilled spirits:

Whisky:

Rectified distilled spirits, prod., total, .thous.of proof gal,.
PULP, PAPER, AND PRINTING
Wood pulp:
Production total, al^ grades, „.,,,« thoua, of short tons**

Stocks, end of month, total, all grades.. ......... ...do....

r/ Revised.

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D. C.
OFFICIAL BUSINES*

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $300

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