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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE AVAILABLE ONLY WITH SUBSCRIPTION TO SURVEY Of CURRENT BUSINESS SELECTED SEPTEMBER £6, 1947 BUSINESS INDICATORS STEEL INGOT PRODUCTION 250 200 ELECTRIC POWER PRODUCTION BY UTILITIES (8H.U0NS OF KILOWATT HOURS) 0935-39-100) weeKtr OATA 1943 j^p^j» ^ N ^ ^ T - - - , *Z™<6 _ J -"- / rSnwsa^'V 100 50 i .,11.i i , i ,_i-i..i..L.J.j..j_i_L.i_L:.L.i.i ;_UL.i.i_i,.,i..L.I. i J_J.1 i i l 1 I ni i i MJ MANUFACTURING EMPLOYMENT AND PAY ROLLS COTTON CONSUMPTION (UNAOJUSTEO, 1939-100) (DAILY AVERAGE- THOUSANOS OF BALES) NKWHi.? 400 | 0&T» 325 45 MONTHLY OtTt mate-FARNER Par ~^%_ .- _ ^ - S~*^ 250 40 i POLLS "1 . - »*G£-£MNCPS I7S *m*L— 35 am^ 30 f U ' l n ^j__L.i ! .L !..i_S.i .. 1 ' . - . : . . : : i i i l l L i ••.-!-. 1946 WEEKLY 1 . I ! : I i •1 :00 1947 BUSINESS i ! i 1 i 1 i i i i •1J J - I i i i ; , 1944 1945 1 1946 STATISTICS 19^*6 19*7 ISSK Sept. 20 Commodity prices, wholesale* All commodities 2/ 1926*100., fans products do.... food do.... All other 2/ .,...do.... 28 commodities ]J August 1939.IGO.. Cotton, middling, 15/16*. 10 market* k[ dol. per 1*. Wheat, No. 2, Hard Winter (Kansas City; $j dol. per bu.. Department store sales 1935-39*100.. Insured unemployment, total 6/ thous.. State programs do.... Veterans' programs do.... Pi nance: Currency in circulation 4/ mil. of dol.. federal Reserve bank credit, total do.... Member bank reserve balances '. do..., Uxcesa reserves, estimated do.... federal Jieserve reporting member banks in leading cities* jj Jiank debits, total mil. of dol.. New York City do.... Deposits, demand, adjusted Loans and investments, total i ; 324.8 .321 2.72 28,631 22,394 17,128 1.1*5 7.710 do.... do... , U. a. Government obligations do.... Coamsrcial, industrial and agricultural loans do.... iailuree, commercial number.. Dond yields, domestic corporate (Moody'e) percent. < Stock prices, 402 stocks (standard ana Poor's) ..193W9-100.. Industrials, 354 stocks .do.... Production: Bituminous coal 4/ thous. of short tons.. Electric power, by utilities .....mil. of kw-hr.. Motor vehicles (Wards) 8/ number.. Petroleum 4/ thous. of bbl.. 2.35 124.0 129*6 r-lMT" i„ • : • i : ! 1 l 1 : i 1 ! I ! I 1 1 1 l-LJ_L«L. Sept. 13 *ept. 6 157-* 187-3 180.9 138.1 324.6 .316 2.69 290 15*-9 182.4 174.1 137.9 310.2 28,728 22,472 16.932 1,103 17.492 6.803 J7.350 64,292 38.699 12,719 75 2.82 122.0 127-1 .320 2.^4 265 1.605 908 661 28.718 22,623 16,628 939 15.544 6,071 46,954 63.799 38.35* 12,518 60 2.80 124.3 129.8 August 30I August 23| Sept. a 154.0 I8I.7 172.1 137.3 306.3 .330 2.43 277 1.617 8? 28.357 22,478 16 '%l 16,985 6,637 *7.095 63.730 38,400 12,406 64 2.80 123.3 128.9 153.5 181.4 136 '.6 305.1 .340 % 1.742 995 712 28,252 22,636 16,407 792 1:8 S8 38,527 12,301 • 59 124.4 130.2 123.8 155.1 131.9 112.1 241.7 .368 1.96 280 2.3C5 925 1.329 28,454 24,224 16,280 872 22,102 8,630 46,242 67.786 45.858 9.912 19 2.80 1260 Sept. 14 121.7 151.8 128.1 111.0 1.95 293 2.501 959 1.491 28,500 75* 18,277 6,834 46,004 67.563 45.930 9.731 31 2.78 124.8 127.7 2,148 4.521 2,100 2.148 2,000 2,104 2.005 4,940 5.053 *.721 4,507 110,088 83,444 88,098 84,726 106,095 80,972 88,888 5.157 5.173 5.153 4,775 5.217 *.773 183.1 Steel 2 / 1935-39-100.. " V 175-2 I8I.9 181.1 175.9 165.2 17*.7 926 Freight carloadlags, total thous. of cars.. 901 899 922 907 809 411 Miscellaneous do.... 3«9 396 393 404 35* 1/ Data do not always cover calendar weeks. 2/ See note in January 1, 1947 issue. ]J Zhursday prices. 4 / Dally average. 5 / Data for 1947 include dark hard winter not included previously. 6/ for description see note in July 13, 19*6 issue, jj Shown on a revised basis beginning In Supplement for July 18, 1947* 8 / Data are for U. 9. and Canada and include passenger ears, commercial ears, and trucks. £ / Week ending September 27, 184.5. 2 MONTHLY BUSINESS STATISTICS 1W l a r l l o r data are available ia monthly iesues of the Surrey and the 19^2 Supplement July 19**6 June S0SXHIS8 POPuUKOM Industrial and commercial fallureet Orand total Commercial eerrloe Construction Manufacturing and mining Botail trade Wholooalo trade.....• ••••••••••••••• liabilities, grand total thou*, Commercial eerTlee Construction Manufacturing and aiming Botail trade Wholesale trade number. do... do... do... do... ».do..• of dol. do... do... do... do... do... 287 ?3 19 99 102 1*1* IU.Q03 a 10,1*26 1,668 1.978 299 30 17 107 105 1*0 37.137 19.85 38U 12,(66 2,280 2,11*1* 283 21 83 95 108 36 18.982 610 661* 11*. 220 1.611* 1.87»* COMMODITY PBXCB9 Vholeeale prleee of selected commodities* • Coal, bituminous, aine run, composite..dol. per short ton. Coffee, Santos, Mo. h (lew Tork) dol. per lb. Cotton, middling, 15/l6B, average, 10 markets do... Cotton cloths Mill margins cents per lb. Print cloth. 64 z 60 dol. per yd. Batter, 92-score (Hew York) dol. per lb: Bggs, U. S. standards (Chicago) dol. per dot. Grains and grain products: Corn, weighted arerage, 5 markets dol. per bu. Wheat, weighted arerage, 6 markets do... Wheat flour,standard patente (Minneapolis).dol. per bbl. Hides, packers', heavy, native eteere dol. per lb. Livestock and meats: Beef eteere (Chicago) dol. per 100 lb. Hogs, all gradee (Chicago) do... B%utt fresh, native eteere (Chicago) dol. per lb. Pork, fresh, loins, 8-10 lb. (Mew York) do... Lumber! Douglas fir, dim.,Mo.l,com.,2,,x l*"-l6'..dol.per M bd.ft. Southern pine,boarde,Ho.2,common,l"x 6"or 8"x 12'..do... Ponderoea pine. Mo. 3, common, 1" x S ' do... Metals and manufactures* Pig iron, composite dol. per long ton. Steel, composite, finished dol. per lb. Structural steel (Pittsburgh) do... Steel scrap (Chicago) dol. per long ton. Copper, electrolytic (Mew York) dol. per lb. Lead, refined, pig, deoilvorised (Mew York) do... Zinc, prime, Wsetern (St. Louis) do... Petroleum, crude (Kansas-Oklahoma),at wells..dol. per bbl. Gasoline, tank wagon (Mew York) dol. per gal. Sugar, refined, granulated (Mew York) dol. per lb. Wool, raw, territory, fine, scoured '. do... .3*3*. 53.96 M .U22 2.30 2.1*7 12.72 -295 28.SU *$ •593 6U.M 56.23 37« 33 20 155 119 s 17.326 739 321 10.971 3.037 2.258 6.9OI •256 6.3UI* 1*9 j*9 .21*2 .671* .1*3!* 33 •?37 92 12 12 9 5 3.799 1*55 516 2.113 297 UlU 5-972 •221 •35U8 2.00 2.1*0 13.27 .262 .216 .613 .1*09 1.68 2.61* 12.7U '.223 1.88 1.99 8.76 .155 27-85 22.11 .U3U .552 2U.06 22.2U •376 .531 21.71 20.8U •382 .51U 62.23 6U.U7 55-23 62.23 U2.63 1*6.08 1*0.19 33.81 .0329 .0250 29.25 .2211 .1500 .1050 1.810 .172 .081 1.225 28.73 .0305 .0235 18.75 .11*15 .0825 •0825 1.1*60 .158 •060 n 1.810 .174 .082 1.220 r35.08 .0329 .0256 36.95 .2123 .1500 .1050 1.810 .171* .081 1.225 25*.73S 97,33* 157,1*05 ?3L957 8i*,330 l»*7.627 253.091 89.635 163.U56 275.88U loi*. 322 171.562 232,811 91.861* ll*0,9U6 1*2,558 15,1*8U 891* 1.91*8 «**2,139 rl5.170 rS6U rl.853 rU,139 8.556 r6,273 5.281 rlU9-9 rl7»*.7 rl56.1 128.6 r215.0 217-9 I8U.5 136.8 rl95*0 rSUg.9 326.0 301.1 126.7 rl68.2 rU2,36l '15.327 rS93 rl.768 M15 '8.581 6,278 «**1.919 rl5.?37 rSSU r1,685 3.970 r8,5»*5 1*1,1*66 1U.876 886 37.21 .0360 .0280 39.88 .2123 .1500 .1030 •995 DOMESTIC XfiADB Mail-order and store sales, total,2 companies.thous. of dol.. Montgomery Ward A Co do.... Scare, Boebuck and Co do.... BMPLOTJUDBT COBDXf XOMS AMD WAOSS Bmployees in aonagricultural tstablishaentet Unadjusted, total thoue. Manufacturing do... Mining do... Construction do... transportation and public utilities do... Trade do... financial, service, and miscellaneous do... Government do... Production workers, all manufacturing, unadjusted..1939-100. Durable goode industries c do... Iron and eteel and their products do... Blast furnaces, steel works, and rolling mills...do... Electrical machinery do... Machinery, except electrical do... Machinery and machine-shop products do... Machine toole do... Automobiles do... Transportation equipment, except automobiles do... Aircraft and parte (excluding engines) do... Aircraft enginee do... Shipbuilding and boatbuilding do... Monferroue metals and produete do... r/ Bevieed. 1/ Mo quotation. M5>* «.569 6,221 5.288 153.U 176.7 158.3 221.8 2^7.6 168.0 r5.39? rl51.1* rl79-7 rl57-5 128.0 221.5 22U.2 188.7 IUJ.9 196.2 291.8 337-1* 302.5 203.5 175.1 as rl50.6 178.0 156.8 126.1* 213.8 225.9 189.6 150.5 186.5 S* 303.1* 202.7 179.6 Hi3 M03 8,1*02 5.9** 5.502 1U7.7 170.6 150.2 123.6 210.5 206.6 176.2 167.5 187.8 29»*-7 338-3 309.J 228.6 1770 MONTHLY BUSINESS S T A T I STICS—Continued 19*6 19*7 Earlier data are available in monthly i s s u e s of the Survey and the 1942 Supplement July June August July WPLOWBTC COTOXTIONS AMD WeJKS - Continued* Production workers, a l l manufacturlng,unadjueted - Continued. Durable gooda industries - Continued. Lumbar and timber baale products 1939>100*. Sawmills 1/ do.... Jural tura and finished lumber product a... do.... furniture 1/ .....do.... Stona, clay, and glass produota...: do.... Nondurable gooda induatriaa do.... Textile-mill produota,and other fiber manufeoturei!. do.... Cotton manuf aoturaa, except email wares do.... Silk and rayon gooda do.... Woolen and voreted manuf act urea.. do.,,. apparel and other finished textile produota do... Han 1 a clothing 1/ do.... Women* e clothing 1/ do.... Leather and leather produota do.... Boots and ahoea 1/ do.... food and kindred product*... do.... Baking * ....do.... Canning and preeerving ,... do.... Slaughtering and meat packing do.... Tobacco manufacturee do. •. • Paper and allied products do.... Paper and pulp.... do.... Printing, publishing, and allied induatriaa ...do.... Kewspapere and periodical* l/.. do.... . Printing, book and job 1/ do.... Chemicals and allied products do.... Chemicala do.... Products of petroleum and coal do.... Petroleum refining do.. • • ttubber product a do.. •. Rubber tirea and inner tubaa .do.... Uonmanufacturing employment, unadjusted! Mining: Anthraci te do.... Bituminous coal do.... Metal lif erous do.. • • Quarrying 'and nonmetalllc do.... Crude petroleum and natural gaa do.... Public utilities: Electric lignt and power do.... Street railways and busses do... • Telegraph do. •.. Telephone do.... Services: fyoing and cleaning do. • • • Power laundriee do. • •. Year-round not els do. • • • Betail trade do.. • • Wholeeale trade do.. •. 161*0 rl40.S IO6.7 106.2 124.2 r89*6 rl40.7 rl40.9 rl26.6 119.8 138.1 A89.8 180.8 rl53.7 141.4 rl75-2 r212.3 158.2 rl70.5 .129.8 127*6 144.0 129.1 103.1 114.5 75-8 98.3 131.7 123-9 135.9 99.8 92-9 130.3 107.2 67.9 121.1 90.2 rl43.4 rl4l.3 129.1 119.7 137.8 rlSS.5 182.1 150.8 139.2 rl80.7 r&7*0 78.7 r61.8 r89.1 106.0 97-2 8O.3 88*7 r90.4 105.7 95.5 118.9 88.4 1*3.7 rl40*3 128.6 rU9*0 rl37.2 194.8 I8O.3 1*9.3 137.9 A84.5 r220.0 81.1 88.1 89.4 104.3 93.3 107.5 130.4 102.3 190.4 105.7 130.7 102.8 159.2 101.9 130.2 111.9 161.1 '117.3 110.2 II8.3 109.2 112.4 rl09.3 *130.9 101.5 '193-3 rl23.4 112.8 rll8.3 rll0.2 111.1 127.7 112.2 119.4 111.4 110.5 123.7 110.2 118.4 111.3 109*7 12**5 111.6 179 •* 96.4 1-5 9.3 31.7 5.9 31.0 •3 3.3 444.9 191.7 12.4 29.4 90.6 11.2 46.2 50.0 13.4 609.4 339.7 68.4 39.5 48.8 34.2 51.2 9.4 18.2 159*2 85.9 r219 r83,286 329 51.625 161,363 *.203 237.303 332,345 251.&7 1.5** 17.**5 133.*95 3.*52 202,245 327,700 230,627 .1 ^ 7 .1**.538 9.563 513.19* 130.9 "1*3.1 135.0 103.0 1*2.5 10*.l 1*8.9 91.7 142.U 129.8 192-3 153-7 176.6 58.1 68.8 110.U 130.3 194.1 rl56.5 169.3 rl27.8 125.9 rl40.2 rl30.3 rl01.2 112.? 74.4 95-* rl31-7 121.1 140.4 100.6 93.9 154.8 rl67.0 129.5 127*0 142.6 129.1 104.6 116*2 76*7 99-2 131*4 122*2 I36.O 99.* 92.1 126.0 106*5 59*5 139.0 150.7 123** 122*2 141.6 129*7104.0 11**2 7-? 119*6 115.7 136*6 126.2 102.8 112.4 75.9 104** 130.5 115.7 140.5 102.7 9*.l 138.6 102.7 153.5 114.8 91,7 139.2 122*1 121.6 110.* 132.1 I8O.5 I66.5 1*7.* 137** 16**0 189.9 103*9 124*5 112.2 129.6 IO3.O 95.0 131.0 101.* 136.8 102.4 90.7 137.* 120*9 121.1 109*6 132*6 178.9 168.4 146.7 137.* 177.0 I63.I 82.0 90.8 82.5 103.2 95.5 61.* 89.5 78.0 101.2 95.* 101.2 126.9 112.4 177.7 2H 109*1 130.0 U3.6 119.1 106.2 107.5 riNABCS Stocks* Cash dividend payment a publicly reported* Total dividend payment a... Manufacturing Mining ., Trade Pittance fiailroade Heat, light, and power Conmunicationa Miscellaneous mil, of dol. do... ..do... do.. • do.. • do... do. do. do. POQDSTOTS AMD TOBACCO Stocks, cold storage, end of month! Apples, fresh thoua. of bu. Butter, creamery thoua. of l b . Cheeae, total ; do. • . Sggs, shell ...thoua. of oaaea. Sggs, froaen thoua. of l b . f r u i t s , frosen do.. • Vegetables, frosen do... Total meats 2/ a i l . of l b . iieef and veal thoua. of l b . Lamb and mutton do... *ork, t o t a l . • • • . . . . . . . . . . . . . • . . . . . . . • • • • • • . . . • • . • • . d o . . . Presh and cured. ..do... Maru•.«.••.«...««....•«.•.....«••••.•.»..........do... Poultry.. • • • • • • • • • . . . . . . . . . . d o . •• 88.843 201,813 3.804 235.872 H09.7O3 107.093 , 8,319 4}2, ? 87 265,406 166,919 185,490 "K r24l,5J3 '374,365 r307,574 r7*3 r!01,732 r8,065 r525.W82 r33L7*6 '193.736 r!74,627 11*. 5*8 • 9.3*8 528.08J 352,81* 175.269 171.260 18.2 5.* 35.9 d 187,717 r/ Bevised. 1/ Data for the indicated induatriaa have been adjusted to 1945 data from the Federal Security Araney. £/ offal, canned meats and meat producta, and sausage and sausage room products not shown separately. ' ' 166.3 78.7 5 :1 28.9 5.3 40.5 .2 6.2 - 513 84,960 160,272 236I256 *59.58l 284,809 389 101,825 20o\S30 168,661 37.969 , 207.137 39*-5 152.1 *.3 29.7 87.2 48.0 9*9 69.510 1*8,786 3.537 260,101 396,637 229,187 *88 68,444 , 9.108 3*3.3*5 299.755 *3.5?0 178,642 Includea edible 4 MONTHLY BUSINESS Earlier data art available la monthly issues of the Survey aad the 1942 Supplement ST A T 1ST ICS—Continued 19*6 19*7 August Kay July JUM 826,310 778.978 998.180 986,*ll 522.6a 434,691 612.567 565.379 719.956 38.992 1,104,966 5**.2*3 3*,590 1.1*7.758 655.186 lb,512 1.598.070 402,299 *9.780 670,520 9*.605 109.817 *77,773 82,308 103,448 116,652 r82,5*2 91.203 108.U6* 118,0*8 »85,183 6*.*62 59,591 118,381 9*,669 1.650 705.73** 100,524 22,657 3*.869 sou, 520 105,251 18,92* 5.959 87*»902 99.171 15.392, 101,818 9O7.3O* 57,*26 5.5*3 355,606 375.*98 90.*3l 384.520 *00»763 110.323 370,676 356.572 129,701 292.664 67,268 66,7*3 302.99* 73,*9S 70,997 257.303 65.129 67,206 11.951 11,426 212,72* 6*,985 6,852 2*3.331 6*.331 August * 0 G D 8 S U m AMD TOBACCO - Continued Sugar, U. 3., deliveries aad supply (raw Talus)* Deliveries, total short tons. For domestlo consumption do... Production, domestic, and receipts* Entries from off-shore areas do... Production, domestic cane and beet do... Stocks, raw and refined do... TO. 28 785.626 605.075 MJSAL8 AID MAHUVACI0ES8 Coppers If Production! Mine or emelter Befiasry Deliveries, refined, domestic Stocks, refined, end of month Oil burners* Orders, new, net Orders, unfilled, end of month Shipments end of month short tone. do... do... do... < , 83,*09 88.052 96.30* 76.009 number do.. do.. do.. PAPSB AM) PJHKISO Seveprint, Canadai Production Shipments from mills Stocks, at mills, end of month Veweprint, United Statest Consumption by publishers Production Shipmente from mills Stocks, end of month! At mills At publishers In transit to publishers . • short tons. do... do... 377.9*1 388,106 80,938 do... do... do... 281,102 7O.5OJ 69.326 379.731 379.065 91.097 263,698 67,656 68,955 do... do... do... 11.833 295.385 84,009 10,652 278,918 68,hoi •ftS BUBBE& AMD HUBBER PHQWJCTS Tires and tubes! Pneumatic casings* Production Shipments Original equipment.. Stocks, end of month*. Inner tubes! Production Shipments Stocks, end of month.• .do. .do. 6.790 7,**1 1.97* 5.838 7.583 7,526 2,130 r6,670 8,10* 7,283 2,00§ 6,426 7,05* 6,825 1,689 3.006 .do. •do. .do. *.5*2 6,216 7.909 5,440 r5,779 r9,*l3 5,752 5.571 9.772 7,03* 6,918 3,929 thous* of standard brick.. do.... do.... *3*.73© *53.768 503.611 r*l*,63* r*06,9l8 r528,873 *11,991 402,780 525,985 501.287 *8l,377 286,53* short tons.. do.... do..... 116,260 109,217 124,7*8 rl01,7*2 r98,36* rll7,080 105,681 105,876 115.5*9 125.352 12*.293 56,923 do.... do.... do.... thous. of sq. f t . . rll5,717 rill.5*7 21,401 109.613 109.96* 155.9*6 17.670 21,026 117,018 11*.588 152.31* 23..171 108,042 108,UU6 133,1*3 16,803 677.*89 728.251 827.23* 855.511 21.32* 9.103 382 113*6 21,624 9.928 *15 119.7 21,463 9.449 396 112.* 5*-7 rl6.5 rlS.6 59-5 57.3 15.0 8.5 3.8 8.* 2-3 .thousands. STONS, C U T , AND GLASS PRODUCTS Clay products! .Brick, unglased! Production Shipmente Stocks, end of month Structural t i l e , unglased! Production. Shipmente Stocks Vitrified clay sewer pipe! Product ion Shipmente Stocks • Plate glass, polished, production rl56.35? X&XfXLS PBWWCTS Cotton consumption Cotton spindle activity! Active spindles 2/ Active spindle hours, total Average per spindle in place Operations Bayoni Consumption! filament yarn Staple fiber Stocks, producers 1 , end of month! filament yarn Staple fiber bales. • 710,601 thousands.. • mil. of hours.. hours.. percent of capacity.. 21.197 9.03* 112.9 21.*15 8,531 358 101.7 mil. of l b . . do.... 62.9 18.6 r62.h rlS.h do.... do.... li r6.6 7.7 379 6.1 xj ftovieed. 1/ Beginning April 19*1*. data include copper from a l l sources; see note in monthly Survey. 2/ Cotton consuming spindles active, l a s t working day of month.