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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

September \1, 1954

* * * * This Supplement provides selected weekly data and monthly data subsequent to those published in the latest monthly SURVEY * * * *

WEEKLY BUSINESS STATISTICS1
1953

1953

1954

. ITEM

1954

ITEM
Sept. 12

Commodity prices, wholesale:
A l l commodities. .. 1947-49=100
Farm products
do. .
Foods, processed
do..
A l 1 other
do. .
22 commodities 2/
do. .
Department store sales. .. .do. .
Insured unemployment, total
thous.
State programs
do. .
Failures, i nd. & comm. .. .number
Bond yields, domestic corporate (Moodyfs) 3/
percent

Aug. 28 Sept. 4

*l 10.6
*96.4
*I04.8
*l 14.9
90.3
**IOI

1 10.0
93.9
105.5
1 14.4
91.4
102

**844
«*793
131

#1,842
#1,661
184

193

168

3.55

3 13

3 13

3 13

109.5
91.6
104.7
1 14.4
90.7
1 14

Sept. 12

Sept. I I

109.7
92.6
104.8
1 14 4
91. 1

Stock prices (480), Standard
181.4
and Poor's .
.1935-39-100
194.9
1 ndustr i a i s (420)
do. .
Production :
Bitum. coal 3/.. thous. sh tons ** 1,599
Electric power, by u t i l i t i e s
mi 1 kw -hr **8,694
Motor vehicles (Ward's)
No. 116,760
Petro leum, crude 3/. .thous. bb 1 . **6,445
Stee h (ingots & for castings,
quantity) 4/
1947-49-100
125.2
Freight car loadings thous cars
**799
**384
Mi seel laneous
do

Aug. 28

Sept. 4

Sept. I I

234.8
258.8

232.7
257.0

234.7
259.3

1 ,235

1,275

9 227
111,245
6,048

9,087
108,854
6,019

94.3
677
339

94.9
688
343

82,477

93.5

\_l Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ D a i l y average. 47 Week ended September 18, 98.4. * Monthly index for August
1953. ** For week corresponding to latest for which data are shown. # Data for preceding week: Total, 1,856,000; State programs, 1,677,000.

MONTHLY BUSINESS STATISTICS
1953

1954

1953

1 TPM

August
COMMODITY PRICES
Retail price (Dept. Comm.):
A l l commodities. .. 1935-39-100

*2IO. 1

June

209.0

July

August

August
EMPLOYMENT AND WAGES - Con.
Employees in nonagr. astab 1 . ,
total, unadj
thousands
Manufacturing
'.do. .

209.6

Construction cost indexes:
The American Appraisal Co.:
Avg. 30 cities
1913=100
At lanta
.do. .
New York
do
San Francisco
.do,.
St Lou i s
do
Associated General Contractor s
.
1 9 1 3- 1 00

583
639
601
526
574

589
639
624
530
594

591
640
624
530
595

594
642
625
539
596

416

424

429

430

14, 176

14,658

14,390

13,910

2,838
785

3,095
758

2,747
733

2,703
747

699
390
3 425
960
1,460

852
406
3 385
989
1,514

722
407
3,689
1,052
1,334

703
399
3 318
1,007
1,435

98
112

106
112

p88
pM2

e98
el!2

64,648
63,408
7,474
55 934
1 .740

65,445
62,098
7,628
54 470
3.347

65,494
62, 148
7,486
54 66 i
3.346

65,522
62,276
6,928
55 349
3.245

DOMESTIC TRADE
A l 1 retai 1 stores sales* I/
Unadjusted, tota 1 . . . .mi 1 . dol.
Durable goods:
Automotive group
do
Furniture & app 1 iances.do. .
Nondurable goods:
Appare 1 group
do. .
Drug & prop, stores. .. .do. .
Food croup
do
Gasoline serv. stations. do. .
Genera l-merch. group... do..
Dept. store sales, U.S. total:
Unadjusted index. . 1947-49= 100
Adjusted index
do. .
EMPLOYMENT AND WAGES
Labor force (Bureau Census):
C i v i l i a n labor force. .. .thous.
Emp 1 oyed
do . .
Agricultural
do..
do . .

r/ Revised. £/ Preliminary.
and transportation equipment.




June

July

August

49,962 r48, 137
15,888
17,537
r744
844
r2,729
2,825
4,274
r4,032
10,392 rlO,4!4
2,067 ' r2, 104
r5,60l
5,601
6,625
6,422

p47,824 p48,007
p 15, 638 p!5,88l
p733
p735
p2,794 p2,834
p4,026
P4,04I
p 10, 379 PIO,3I2
p2, 126 p2, 125
p5,643 p5,638
p6,468 p6,458

14,070
8,195
194
731
315
466
1, 138
942
!,268
932
1,547
240
422

r 12,480
r7, 177
120
r70l
275
r427
r983
r83l
rlfl5l
r776
r 1,324
r2!5
r375

p 12, 233 p 12, 478
p6,933 p6,959
p i 18
pM5
p606
p596
p283
p274
p424
p429
p97l
p967
p820
p8IO
p i , 1 13 p i , 103
p77l
p796
p i , 285 p i , 257
p209
p207
p376
P362

Nondurable goods
do..
5,875
Food & kindred prod. . . .do. . . 1,289
Tobacco manufactures. . .do. .
105
1,093
Textile-mill products. .do. .
1,121
Apparel, etc
do..
447
Paper & a l l i e d prod.... do..
510
Printing, etc
do..
550
Chemicals, etc
do..
191
Prod, of petro. & coal. do. .
Rubber products
do..
221
349
Leather & leath. prod.. do..
Mfg. prod. -worker indexes:
1 13.8
Employment: Unadj. 1947-49= 100
1 12.7
Adj
do. .
154.0
Pavrolls. unadjusted
do..

r5,303
r 1,079
82
r98l
r987
436
r5!9
r5!7
r!8l
r!98
324

p5,300
p i , 148
p83
p953
p977
p430
p5!4
p5!4
p!82
p!73
p328

p5,5!9
p i , 231
p!03
p979
p i , 051
p436
p5!2
p5!7
p!80
p!74
p336

100.9
•101.8
136.7

p98.9
plOO.2
PI32.5

plOO.9
p99.9
p!35.4

CONSTRUCTION AND REAL ESTATE

1 Inemn 1 oved

1954

1 TPM

Contract construct ion. ... do. .
Transp. & pub. uti 1
do..
Wholesale & retail trade. do..
Finance, ins. & real est.do..
Service & miscel laneous. .do. .
Government
do. .
Prod, workers in mfg. ind.:
Total
.thousands
Durab le goods
do. .
Ordnance & acces
do..
Lumber & wood prod
do..
Furniture & f ixtures. . .do. .
Stone, clay, etc
do..
Primary metal ind
do..
Fab. metal products 2/. do. .
Machinery (exc. elec.).do. .
Electrical machinery. . .doi .
Transportation equip... do..
Instruments, etc
do..
Miscel. mfg. ind
do..

e>/ Estimated, * J u l y 1953 data. J/ August 1954 figures are advance estimates.

2/ Except ordnance, machinery,

MONTHLY BUSINESS STATISTICS —Continued
1953

1953

1954

August

June

EMPLOYMENT AND WAGES - Con.
Hours and earnings, a i l mfg:
Average weekly hours per
worker
.- .
.... hours
Durable goods
do..
Nondurable goods
do..
Avg. weekly earnings. . .do 1 lars
Durable goods
. .. do
Nondurab le goods
do. .
Avg. hour I y earnings
do..
DuraJDle goods
do..
Ordnance & acces
do
Lumber & wood prod
do..
Furniture & f ixtures. . . .do. .
Stone, clay, etc
do..
Primary metal ind
do..
Fab. metal prod. \J
do..
Machinery (exc elec.). do..
Electrical mach
do..
Transportation equip. .. .do. .
Instruments, etc
do..
Mi seel. mfg. ind
do..

40.5
41. 1
39.6
71.69
77.27
63.76
1.77
1.88
*l 89
1.64
1.54
1.73
2.08
1.85
1 .96
1.76
2.08
1.78
1.57

39.6
40.3
39.0
71.68
76.40
64.74
1.81
1.91
1.98
1.68
1.57
1.76
2. 08
1.89
2.00
1.81
2.II
1.83
1.60

Nondurable goods
do..
Food & kindred prod
do..
Tobacco manufactures. . . .do. .
Textile-mil! products. . .do. .
Appa^e 1 etc
do
Paper & a l l ied prod
do
Pr i nt i ng , etc
do , .
Chemicals, etc...,r
do..
Products of petro.&coa 1 .do. .
Rubber products
do
Leather & leath prod
do

1.61
1.58
1.22
1.36
1 36
1 70
2.20
1.86
2.24
1 94
1 37

1.66
1.68
1.35
1.36
1 33
1 74
2.27
1.91
2.28
2 00
1 39

F 1 NANCE
Federal Government finance*
Gross debt (direct) end of
271,260
month
m i l . do 1. 273,206
Interest-bearing, total.. do.. 271,145 268,910
P u b l i c issues
do.. 230, 157 226,681
42,229
40,988
Special issues..'.
do..
2,350
Non i nter est bear i ng
do . . 2,061
Ob l i oat ions Guaranteed by
81
63
U. S. Government. .. .mi 1 . dol
Bonds *
Average price of a l l listed
100 71
*95 82
bonds (NYSE) 2/
dollars
101. 12
Domest i c
«
.
do . . *96.22
77.90
*74 . 44
Foreign
. .
.... do. <
Value issues listed NYSE:
Market value, a l l issues 2/
mi 1 ~do 1 * 100, 279 105 582
103,474
*98,4I9
Domest i c
do
1,437
Fore i gn
do . . *l,390
Face value a l l issues 2/
104 835
miT dol * 1 04 65 I
Domestic
.do . * 102, 284 102,325
1,844
*l,867
Foreign...
do..

July

August

August

DIVISION OF PUBLIC DOCUMENTS

July

August

3. 16
2.90
3.063. 18
3.49
3. 10
3. 15
3.23

3. 15
2.89
3.04
3. 17
3.50
3. 10
3. 13
3.23

3. 14
2.87
3.03
3.15
3.49
3.07
3. 12
3.21

4.22
4.47
2. 13
3.14
3.01
3.37

4.24
4.47
2. 13
3. 15
3.01
3.37

4.22
4.43
2. 13
3.15
3.05
3.37

4.82
4.74
4.85
6.28
4.59
2.88

4.61
4.54
4.56
5.95
4.35
2.73

4.75
4.66
4.69
6.30
4.32
2.79

139, 188
3,047

145,843
3,063

3, 1 16
2,499
3,293
2,768
9,111
5,421

3,052
2,404
3,200
2,660
8,959
5,213

7,364
72

6,628
63

5,887

4,490

532
211
157
786
421
108
1,657
107
140
373
690
423

444
168
1 16
674
376
80
1,347
74
95
350
242
322

6,661
63

2/ Includes bonds of the Inter-

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

FIRST CLASS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

Permit NO. 1009

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




June

FINANCE - Con.
Bonds - Con.
Yields:
Dom.corp . (Moody ' s) . . . percent 3.51
p39.7
p39.4
3.24
By ratings: Aaa
do..
p39.7
p40. 1
. 3.39
Aa
do.. p39.0
p39.2
3.56
A
do..
p7l.06
p70.92
Baa
do. .
p 75 . 83 p76.59
3.85
3.37
By groups: 1 ndustr ia 1 .do. .
p64.29
p64.74
Pub. uti 1 . .do. .
3.54
p i . 79
p i . 80
3.61
p i . 91
Rai Iroad. . .do. .
p i . 91
Stocks:
p i . 99
Dividend rate per share:
p i . 58
p i . 56
3.99
Common (200) , Moody!s. dol lars
p i . 57
p i . 57
4. 16
Industrial (125)
do,.
p i . 77
p i . 77
2.07
P u b l i c uti lity (24)
do..
p2. I I
p2.ll
3. 1 1
Rai Iroad (25)
do..
p i . 90
p i . 90
2.82
Banks ( 15).
do. .
p2.0l
p2.02
3. 10
Insurance
(10)
do..
p i . 82
p i . 82
Dividend yields:
p2.!2
p2. 12
Common ( 200 ) , Mood y ' s . percent 5.75
p i . 83
p i . 84
5.79
Industrial (125)
do..
p i . 61
p i . 60
5.57
P u b l i c u t i l i t y (24)
do..
7.01
p i . 66
p i . 64
Rai Iroad (25)
do. .
Banks (15).
do..
p i . 64
4.55
p i . 68
3.46
1 nsurance (10)
do. .
p i . 37
p i . 27
Shares listed on NYSE:
p i . 36
p i . 36
Market value
m i l . dol. *l 15,886
p i 34
p 1 34
No. shares 1 isted. . .mi 1 1 ions
*2,882
p 1 75
p 1 75
p2.26
p2.26
LUMBER AND MANUFACTURES
p i . 93
p i . 94
p2.27 Lumber (NLMA) :
p2.29
*3, 35 1
Prod., total
m i l . bd. ft.
p i 93
p 1 95
*2,676
Softwoods
do. .
D 1 37
p i 37
*3,228
Shipments, total...
. do
Softwoods
do. .
*2,58I
*7,823
Stocks, gross, total
do..
*5,2I9
Softwoods
do. .
270,984 274,955
METALS
AND
MANUFACTURES
272,693
268,681
226,528 730,214 Steel ingots and steel for
.castings:
42,479
42,152
Production. .. .thous. sh. tons
9,406
2,303
2,262
Percent of capacity
94
27 Steel products, net shipments:
21
*6,583
Total
thous. sh. tons
Bars:
*794
Hot rolled
do..
100.91
*I66
Rei nforci ng
do. .
101.31
Semimanufactures
do. .
78.67
*295
Pipes and tubes
do..
*80l
Plates
do..
*587
Ra i l s
do. .
*I56
1 05 , 727
Sheets
do. .
* 1,957
103,608
Strip: Cold rolled
do..
*I5I
1,445
*I6I
Hot rol led
do. .
*4I4
Structural shapes
do
104 770
Tin plate & ternep late. .do. .
*405
102,268
Wire & wire prod
..do..
*328
1,837

j_/ Revised. £/ Preliminary. * July 1953 data. _[/ Except ordnance, machinery, and transportation equipment.
national Bank for Reconstruction and Development not shown separately.

UNITED STATES
GOVERNMENT PRINTING OFFICE

1954

ITFM

I TPM