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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE OFFICE OF BUSINESS ECONOMICS Avoilobie only with subscription to the monthly mogozine SURVEY OF CURRENT BUSINESS NOVEMBER 28, 1952 SELECTED BUSINESS INDICATORS BILLIONS OF KILOWATT-HOURS 1935300 9.0 STEEL PRODUCTION (Ingots and Steel for Castings) ELECTRIC - POWER PRODUCTION By UTILITIES 250 8.0 150 6.0 too . 1 9 4 7 - 4 9 « 100 160 1935 260 MANUFACTURING EMPLOYMENT and PAYROLLS I . I I . , JAN. FEB. , j 1 j MAR. | I | APR. I ! I JUNE I ! , JULY | | | I AUG. 1 I I SEPT. I I j OCT. 1 j I I NOV. . j I , DEC 15 Nov. 22 CONSUMERS' PRICES roop^ 220 !40 I ! I I >MAY too i960 195! !952 WEEKLY BUSINESS STATISTICS1 !9 51 1952 ITEM Nov. 17 Commodity prices, wholesale: A i i commod i t i es i 947-49= 1 00 . . *l 13.6 Farm products . , , ... do *l 12 0 Foods , processed do ... *! 1 i 0 A 1 1 other do *! 14 5 22 commodities (revised series) 2/ do I 10 I Cotton, m i d d l i n g , 15/16", 10 markets 3/ doi. per Ib.. .420 Wheat, No. 2, hard winter (Kansas City) 3/....doi. per bu.. 2.54 130 1 nsured unemp loyment, tota i . . thous . . 922 State programs. . . . , , do. ... 889 F i nance ; Currency in circulation 3/ m i l of do! 28,580 Federal Reserve bank credit, total , do ... 74,602 Member bank reserve ba 1 ances do, ... 19,850 Excess reserves, estimated do 874 Federal Reserve reporting member banks in leading cities: Bank debits, tota! m i ! , of dol.. 23,838 New York C i ty do 8,698 Deposits, demand, adjusted do. . 52,249 Loans and investments, total do..,. 72,526 U. S. Government obligations do.,.. 3!, 457 20,848 Commercial, industrial, and agr. loans (gross) .. .do. ... Fa i ! ures , i ndustr i a 1 and commerc i a 1 number . . !09 Bond yields, domestic corporate (Moody's) 3/ ...percent,. 3. 19 Stock prices, 480 stocks (Standard and Poor 's) .. 1935-39=100. . 179.4 195 4 Industrials 420 stocks do.... Production: Bituminous coal 3/ thous. of short tons. 2,000 7 333 E 1 ectr i c power b y u t i l i t i e s mil of kw — hr 1 12,817 Motor vehicles (Ward's) number.. 6, 1 5 1 Steel 4/ 1935-39-100. . 226.4 814 Freight car load ings, total thous. of cars.. Mi see 1 1 aneous do. ... 392 Nov. 24 Oct . 18 109 5 .419 2.54 123 1,0 !2 979 **i 1 1 .2 **I04 9 **I08 5 **l 13 i 92 6 .360 2.43 122 675 643 28,682 24,745 19,843 632 30,833 1 1 996 52,357 72,652 3 ! , 524 20,872 149 3 20 i77.5 !93 0 2,032 7 157 78, 1 10 6, 145 232.2 71 1 343 _[_/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ D a i l y averages. index for November 1951. ** Monthly index for October 1952. # Wednesday price. Nov. 1 Nov. 8 Nov. ! 10 7 104 3 106 3 1 13 0 #°! 7 ,350 2.47 13! ! 10 4 90 9 .353 2.46 i 15 682 640 i SO 0 104 7 i05 5 i 12 I #9! 6 ,356 2.46 ! 18 690 647 79,529 25,867 20,779 791 29,583 25,505 20,449 523 29,773 25,714 20,334 486 29,897 ?5 50 s 20,447 608 79,880 26, i°3 70,758 752 32.656 13 220 53 2i6 76 . 937 32,43! 22 !53 154 3 23 180.6 195 1 28,277 ! 1 486 53 586 76,c<85 32,361 22 2^4 !36 3 22 1 82 . 4 197 ! 27 , 864I 1,093 53,0-10 77,028 32,292 22,4p4 143 ^ 22 186.6 202 i 25,574 9 794 53,312 76,997 32,0! 5 22 727 i48 s 2! !37. ! ?r»2 A. 1 537 7 753 146,654 6,471 249.7 862 420 ! 800 7 807 134,254 6,535 246.4 829 398 ! 82! 7 884 137,903 6,543 248 . 0 829 394 358 7 696 135,929 6,46! 248.7 761 419 47 Week ending November 29, 244.5. 102 6 !05 6 ; |3 o Ql 5 .342 2.48 12 7p-6 ! 67 "5 70 19! .7 207 6 ! 24 , S 64 Monthly 246 9 MONTHLY BUSINESS STATISTICS E a r l i e r data are a v a i l a b l e in monthly issues of the Survey and the 195! Statistical Supplement 1 952 !<351 September October July August September October BUSINESS POPULATION Industrial and commercial failures: Fa i 1 ures tota 1 .... Manu facturinq and m i n i n g Ret a i 1 trade Wholesaletrade' L i ab i l i t ies tota 1 number . . . do.... do. ... do.... thous . of do 1 . . Reta i 1 trade Wholesale trade do. . . . do. . . . COMMODITY PRICES Consumers ' price index, all i terns Appsre 1 ... Food Da i r y products . . . . Fruits and vegetab Ies Meats , poultry, and f i s h , Fuels electricity and refrigeration Gas and electricity Other fuels . Hou sefurnishings . . .. Rent M i see 1 1 aneous 1 935 - 39— 100. . do. . . . do. . . . . . . do. ... do. . . . do.... do .do . .do.... do.... do. . . . do 63! 52 88 146 291 620 39 84 150 277 70 26,643 782 4,668 14,908 4,826 1,459 643 57 85 150 304 47 29,742 2,044 1,937 12,219 6,707 6,835 580 41 48 133 299 59 22,789 1,466 3, 196 8,882 5,434 3,81 1 594 51 58 109 316 60 16,322 1,809 1,816 5,056 5,255 2,386 -539 36 50 107 288 58 20, 138 947 2,729 6,780 5,317 4,365 35,049 2, 175 5,167 13,079 6,078 8,550 186.6 209.0 227.3 189.4 206.4 205. 1 275.6 187.4 208.9 229.2 189.4 207.9 210.8 276.6 144 6 97.4 205.8 210.4 138.2 166.6 190.8 201 .4 234.9 194.4 212.3 253.2 270.4 146.4 98.3 208.4 204.2 141 .9 173.0 191 . 1 201. 1 235.5 194.2 213.8 242.3 277.3 147.3 99.0 209.0 204.2 142.3 173.2 190.8 202.3 233.2 194. 1 216.7 227.6 277.0 147.6 99.0 210. 1 205.0 142.4 173.8 1/190.9 202. 1 232.4 194.3 218. 1 227.3 271.5 148.4 99.0 212.8 204.6 143.0 174.4 42,735 1,051,419 914,450 1,026,973 52,078 1,51 1,285 1, 170,764 2,310,504 52,909 1,438,725 1, 147,536 2,210,600 47,006 2,039,203 1 ,790,838 952,200 50,542 1,300,958 1,062,833 1,446,400 1 19.6 120.8 124.9 128.9 125.6 129.5 125.6 129.9 126,0 129.9 338,278 100,873 237,405 374,319 1 17,371 256,949 304,313 82,995 221.318 351,558 101,150 250,409 373,724 102,462 271,262 418,732 1 18, 142 300,590 46,956 16,039 46,902 15,965 917 2,761 4, 166 9,893 1,898 4,770 6,532 r46,006 r!5,!62 784 r2,722 r4, 140 r9,792 r 1,993 r4,855 6,558 r47, 106 r 16,0 15 887 r 2, 7*83 r4,20l r9,795 r 1 , 993 r4,843 6,589 r47,693 r!6,36l r874 r2,763 r4,2!7 r9,970 1,972 r4,824 6,712 p47,705 p!6,406 p858 p2,686 p4,220 p 10, 084 p i , 97! p4,766 p6,7!4 482 1, 162 12,997 7,296 47 740 289 479 1,160 r!2,06l r6,559 60 r709 r285 441 r676 r 12, 874 r7, 134 59 r72l 293 r459 r 1, 109 rl3,2!8 r7,389 r6l r7!6 r30l r463 r 1 , 147 p 13, 254 p7,487 p62 p703 p305 p462 p i , 147 810 1,219 707 1,21 1 226 388 5,808 1,330 89 1,136 1,037 416 515 543 197 218 327 809 1,242 707 1,205 228 390 5,701 1,254 89 1, 133 1,019 413 517 544 197 215 320 r726 r 1,203 r685 r 1, 169 r230 r375 r5,502 r 1,215 78 1,081 r982 395 507 r5l 1 r 191 r202 r340 r767 r 1 , 1 94 r708 r 1 , i 97 r233 r394 r5,740 r 1,279 r87 1,123 r 1,049 r409 508 r5!3 r202 r2!2 r358 144 4 97 3 204.9 21 1 . 1 137.5 166 0 54. CONSTRUCTION AND REAL ESTATE Contract awards: 37 States (F. W. Dodge Corp.): 42,435 Tota 1 projects . number . . Tota 1 va 1 uat i on thous . of do 1 . . 1,082,855 884, 178 Bu i 1 d i no tota 1 do 917, 158 Engineering construction, value (E.N.R.) 2/ do.... Construction cost indexes (Engineering News-Record): 1 19.3 Bui Id ing 3/ 1947-49-100. . 120.6 Constructions/ ... . ...' .do.. DOMESTIC TRADE Mail-order and store sales, total, 2 compan ies .thous .of dol.. EMPLOYMENT AND WAGES Employees in nonagr icu Itura 1 establishments: Tota 1 unad iusted thousands. . M' ' Trade Production workers in manufacturing industries: Tota | t do do. . . . 917 2,768 4, 178 9,781 1,898 4,831 6,544 do .... 13,087 7,279 do.... 745 285 44 Lumber and wood products (except furniture) Fabricated metal products (except ordnance, machinery, j f pansportat i on equipment thousands.. Miscellaneous manufacturing industries do.... Apparel and other finished textile products do.... P r i n t i n g , p u b l i s h i n g , and a l l i e d industries Chem i c a l s and a l l i e d products . do.... do ... leather and leather products do.... r803 r 1, 197 r743 r 1 , 309 r237 r4!2 r5,829 r 1,31 1 90 r I, 142 r 1,063 r4IO r5!4 r526 20! r2!7 r355 P8I9 p i , 211 p768 p 1 , 344 p243 p423 p5,767 p i , 215 p9l p 1 , 1 54 p i , 060 p417 p522 p534 p200 p22 1 p352 £/ Revised. £/ Preliminary. _[/ Index on old basis for October 1952 is 191.5. 2/ Data for J u l y and October 1952 are for 5 weeks; other months, 4 weeks. V Data reported at the beginning of each month are shown here for the previous month. MONTHLY BUSINESS STATISTICS—ConHnuad Earlier dsta are available in monthly issues of the Survey and the 195! Statistical Supplement 1951 September 1952 October July August September October Ei^LOYMENT AND WAGES - Continued Manufacturing product ion-worker employment index: Unadjusted (U. S. Department of Labor) ....1947-49^100 Adjusted (Federal Reserve). j> .do.. Manufacturing production-worker payroll index, unadjusted (U. S. Department of Labor) 1947-49^100 Hours and earnings: Average weekly hours per worker, a l l manufacturing..hours Durable-goods industries do.. Nondurab ie-goods industr ies. .do.. Average weekly earnings, aH manufacturing. dollars Durable-goods industries. .do.. Nondurable-goods Industries. ,do.. Average hourly earnings, a l l manufacturing.....,.„...do.. Durable-goods industr ies, .do.. Ordnance and accessories ,.,,do.. Lumber and wood products (except- furniture)......do.. Furniture and fixtures... .do. . Stone, clay, and glass products ,,.......do.., Primary metal industries ........do.. Fabricated metal products (except ordnance, machinery, and transportation equipment),... dollars Machinery (except electrical)... .........do.. E lectrical machinery.;,..........,...............do.., Transport at ion equ ipment ,..8 . .do,. ! nstruments and re lated products. .do.. fv:; NC^ I I aneous manufactur i ng i ndustr ies........... do,, Mondurab ie-goods industries. ............ .do.. , Food and kindred products.;..... .,do... Tobacco manufacture:*... : .......... ,, .do. ., Text i l&'-m i I ! products do.., Appare ! and other f i rushed tex^i!e produces......do,., Paper and a S I ied products , , do.., Printing, publishing, and a l l i e d industries ..,,00... Chemise's and a l l i e d products,,, .do.., products of petroleum and coal..., t.......,dc.., Rubber products .,,....,,...•....'' »do.,, Leather and leather products.......................do.., I05.8 I03.9 105,1 103.4 130,9 40.6 41.6 39.4 65.49 71.01 58.67 .613 .707 .730 .515 .421 .584 .835 .682 .788 ,640 .884 .657 ,426 .489 .450 . 133 ,321 ,289 .532 .982 .641 ?.0!0 !279 40.5 41.7 38.9 65.41 71. 10 58,00 .615 .705 .716 .509 .420 .58! .816 .688 .794 . 645 .886 .661 ,433 .491 .474 . 14! .325 .263 .537 .976 .631 .990 ,704 .280 97.5 99.2 r!04.I MG3.3 rS06,9 H05.I p!07.2 p!05.5 121.I M33.3 rl4l.5 p!43. ! 40.6 r4l.3 r42.0 40.3 39.9 r40.2 r39.5 65.76 r69.67 r4l. I 39.9 67.80 r72.7! 61.57 1.670 r 1.769 r6l.03 L648 rl.733 rI.786 r 1.543 r1.453 ri.6!5 r1.788 rI.585 rl.460 r70.09 r76.06 62.30 r .697 r .81 I r .850 p41 -. 5 p42,4 p40.3 p70.80 p77.3G p62.30 pi.706 pl.«23 pi.84! pi,599 p!.48l p i.682 p2.0f4 r!.820 rl.630 r 1.932 r .597 r .483 r .654 r2.003 1.700 M.838 rl.702 r!.92l r1.732 r1.484 1.545 rI.547 r1.220 1.345 r1.270 M.6I3 r2.076 r1.727 r2. i32 rI.822 ri.299 1.724 I.. 845 r1.710 rI,949 r1.734 r1.494 1.543 r i.540 r!.2ll r1.348 rl.292 rI.606 r2.076 1.729 r2.148 ri.8!5 r1.318 r .764 r .866 r .724 r2.0!7 rl.759 rl.512 1.546 rl.522 ri.!98 r i.358 1 .299 r I.527 r2.094 r1.720 r2.170 rl.827 r 1.329 p ! . 778 pI.877 pi,732 p2.030 pi.787 p!.5i3 p I . 546 p!.545 p i . 194 p i.365 p1.272 pi.639 p2.093 p! .718 p2.157 pi.78! pi.333 4,585 3,35? 3?099 65 7,227 923 6,383 57?. I 14.7 FINANCE x „.- t ^ccc 5 f ~> < j r o1 **' j "•'"*' . PR i !. o "-, do I, . do. ., ' njofTss <.r 4 o 'fvjrdrit faxes. . . , "«.-v~ * ianro^s i ' - | 3 i n a l revenue. Exoentf i tures, tots I , .. ., ............ do. ., . ..do ., „ ,,. , , .do. .. H* A iona' def c ns^ an*i related act S v i t i e s . . , , . . , . . . . .do,., B< a^ t>~ ici? CSranda d and Poor's Corporation): f •" jiStr la 1 , j + i l i t y , nj rai koad (A!+ issues): j - i f - fa \^ bond*dc I. oer $ IGO c-c.nd, . \ c 6,524 6,209 42 5,69! 707 5,163 580 2,628 2..708 2,635 52 1,653 365 5,433 497 .", 156 3,649 3,316 48 2,464 949 6,742 320 3,884 3,546 862 5,018 183 2,97! 5,875 6,565 52 5,834 877 6,070 559 4,003 ! !8.0 I !6.9 ! 16.0 SI5.8 I 15.7 923,966 ,183,48! 926,657 ,356,549 r957,4! 8 5,424,2'4 925,139 ] Ml,093 36,808 74,285 ri13,282 r40,974 72,308 ! 17,7£! 44,262 73,529 28,3^5 94.61! 259,415 571,279 554, I7r> ?27 I2I.P92 499,293 135,560 9,767 276,255 31,344 259,920 736 153 99,751 239,632 593,518 383,494, 2,"/28 163,359 850,405 171,444 r6,?V.I r!li,3.9 r262,4^7 r556,897 r530,091 r!,709 r 523,6-3! r587,2M 542,707 132,583 157,045 579 236 Ii1,400 253,563 578,699 463,0!I 2f 169 144,326 701,062 167,437 !1,318 407,558 124,296 144,508 605 605 1,861 2,019 2,137 685 1,610 2,595 1,91 I 914 r1,910 2,293 2,718 4,050 47 i *NP A I L S ED PRX-UCTS S joe - p *•*_;? hulk): , tots i V r*~ a i scios. sales,., . FOODSTUFFS Stocks, cold storage, end of month: Apples, fresh, Butter, creamery..,..., C^eese, tc1 a I Fruits, frozen Vegetab. Ies, frozen , Hogs • She ! I Frozen.... Meats, tote ! Seef and veal Lamb and mutton .Pork, excluding lard Lard.. Pou Itry Coffee, v i s i b l e supply, United States .shorr ton* ,do.... 8!!, ,~ | 1,2^5,304 I thous. of do!.. | i 10,040 38,655 do.. 6S,385 do.. thous. of bu. .thous. of !b. .do... do... do... thous. of cases. thous, of !b. do... do... do... .do... do. .. do.... thous. of bags.. 7,684 . 113,501 ! 272,053 I 599,766 * 515,766 958 151,293 521,665 102,301 7,22.7 325,959 28,372 166,242 619 I 1,814 j I j ' r i 84 ! ':•& r 12,553 r?.90,?-~! r!09,157 rI82,786 889 LEATHER Leather production: Calf and kip Cattle hide Goat and kid Sheep and lamb ....thous. of skins.. thous. of hides.. thous. of sk ins.. ...do.... 490 1,646 1,842 1,672 r./ Revised. £/ Preliminary. J[/ See note on corresponding item in the November 1952 Survey. 967 1,879 2,381 2,555 26,844 101,574 252,123 534,561 571,122 992 95,032 550,965 210,086 !2,450 23^,54.3 88,035 277,200 61 I MONTHLY BUSINESS STATISTICS—Continued Ear iier data are available In monthly issues of the Survey and the 1951 Statistical Supplement 19 51 September 1952 October July August September October METALS AND MANUFACTURES Iron ore (Lake Superior district): Shipments fi"om upper lake ports Consumption by furnaces Stocks, end of month, total At furnaces , On Lake Er i e docks Castings, gray iron: Orders, unfilled, for sale Shi pments, tota 1 For sale Castings, malleable iron: Orders, u n f i l l e d , for sale i?-672 7,473 45,451 39,50! 5,950 i i , 089 7,749 50,229 43,425 6,804 ' 904 i,544 27,388 22,904 4,484 14 368 7 243 34, 137 29,449 4 688 14 389 7 559 41 532 36,206 5 326 thous. of short tons.. do. . . . do .... 2,055 1, 1 15 626 1,983 1,302 733 1,410 636 432 r 1,513 rl,002 r602 1,451 i, 1 19 626 244,575 82,276 48,568 238,019 93,884 58,25! 166,517 45,266 29,675 162,832 63,716 39,308 168,367 75,950 45,849 160,695 1 16,658 34,693 189,929 139,953 39,290 1 19,036 97,633 20,752 150,232 1 13,997 24,013 158,392 121,402 19,930 87,896 104, 148 125,286 78, 192 81,601 96,049 r 1 1 5 , 384 73,657 34,273 3i, 164 26,742 37,489 51,534 44, 140 403.9 221.3 874,723 41 !,867 r376.3 r259.7 44 1 , 736 198,921 r3ll. 1 r3!7.0 543,802 397,769 r302.4 r368.3 865,654 755,665 243.7 357.6 832,401 813,724 r 906, 750 692,594 744,383 736,248 915,593 short tons.. For sale Castings, steel : do .... Rai Iway speci a It ies do. ... Copper : Production: M i ne or sme I ter do .... 74, 165 Re f i ner y . . , do .... 74 , 354 121,879 Deliveries, refined, domestic .do.... 62,093 Stocks, refined, end of month do.,.. Lead, refined (pr imary ref iner ies) : 30,474 Product i on do. . . . 3 1 , 654 Sh i oments (domestic) do. ... 23,640 ^tocks, end of month do. . . Machine tools: New orders 1945-47=100.. 380.2 Sh i arrents do. ... 189.8 Radio sets, production I/ number.. 1, 100,246 Television sets (including combination), product ion _[/. do. ... 337,34! TEXTILE PRODUCTS Gotten: 2/ 721,248 Consumption . . . bales Manufactures, spindle activity (cotton system spindles): Active spindles, last working day, tota! thousands 21 895 20,714 Consuming 100 percent cotton do . 9,247 S p i n d l e hours operated, a l l fibers, tota 1 . . . .mi 1 . of hr . . 474 Average per working day do.... 8,745 Consuming 100 percent cotton do 128 Operat i ons as percent of capac i ty Rayon: Consumption: F i lament yarn m i l of Ib . 57 1 Stap le f i ber do. ... 24,8 Stocks, producers', end of month: F i lament yarn . . .... . . . . .do 54 2 8.7 Stap le f i ber do. ... DIVISION OF PUBLIC DOCUMENTS FIRST CLASS OFFICIAL BUSINESS 1009 WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS 4 1 , 836 45,499 39,767 r 82, 426 98,930 r 135, 486 71,456 84,353 105,770 136,964 59,760 42, 79 1 49,850 31,837 5 1 , 52 1 43, 150 37,718 2 ! , 325 19,948 9,112 380 8,501 102 2 1 , 398 20,000 9,516 476 8,870 128 21,432 20,041 9,768 501 9, 134 135 56.4 26.0 83 1 26.9 84.7 r28. 1 r8I.O r26.7 75.5 24.0 73 2 9.4 65 1 15.9 57.7 15.0 54.8 15.6 58.4 17.7 21,612 20,215 i2,34! 499 1 1 , 525 135 2/ Data for October 1951, July and October 1952 PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, MOO WASHINGTON 25. D. C. Permit .NO. 79,368 95,366 r 127,910 83,771 2 1 , 609 20,394 ! 1,393 460 10,721 124 £/ Revised. J./ Data for September 1951 and 1952 cover 5 weeks; other months, 4 weeks. cover 5 weeks; other months, 4 weeks. UNITED STATES GOVERNMENT PRINTING OFFICE 13 013 8 048 47 839 41,699 6 140 , thous. of long tons. ...do.... do.... do. . . . do ....
@FedFRASER