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SURVEY OF C U R R E N T BUSINESS
WEEKLY

SUPPLEMENT

U N I T E D S T A T E S D E P A R T M E N T OF C O M M E R C E
BUREAU OF FOREIGN AND DOMESTIC COMMERCE

&TM

AVAILABLE ONLY WITH SUBSCRIPTION TO SURVEY OF CURRENT BUSINFSS
SELECTED
STEEL

SEPTEMBER

BUSINESS

2 9 , 1950

INDICATORS
ELECTRIC POWER PRODUCTION BY U T I L I T I E S
(BILLIONS OF KILOWATT-HOURS)

INGOT PRODUCTION
(1935-39-100)
WEEKLY DATA

i ^

^ ^ ^ i

^^Sw^V

1

'949

fr
V

z^&s

\

\l

s~zf
&

$*"

V

1

i 1 1 1 1 1 1 1 1 1 t 1 1 I 1 1 . L 1_J_LJ._J...L L . . L L L U . 1 (. l - l _ l _ L l _ l _ L 1 1 1 l - L 1 1 1 1 1 1 1 1 1 1

CONSUMERS* PRICES
{1935-39 = 100)

1947

1948

1949

WEEKLY

INDUSTRIAL
PRODUCTION
(SEASONALLY ADJUSTED, 1935-39=100)

1950

1947

BUSINESS

i i i i i 1ii ii i Iii i i i Ii i i ii 1ii i i i I
1948

STATISTICS1

19^9

1950

ITB4
Sept. 24

Aug. 26

154.6
166.0
164-5
145« 4
252,5
.301
2.16
315
2,119
1,509
S3

154.0
163.5
163.3
11+5-5
^7-9
.298
2.16
292
2,051
1,81+5
72

166.0
176.4
174.1+
155.1
316.1
.38O
2.19
288
1,062
1,010
18

27.46s
17, soi+
16,322
1.115

27,376
17,633
15,760
516

20,445
8,195
46,930
66,294
37.594
13.171
185
2.90
125.3
132.1

23,397
9,436
1+6,1+36
66,46;$
37.87^
13,289
169
2.90
123.0
129 -u

S e p t . 17
Commodity p r i c e s , w h o l e s a l e :
A l l commodities
:
1926*100
farm products
do..
Food
do..
A l l other
do .
28 commodities 2 /
August 1 9 3 9 s l 0 0
Cotton, middling, 1 5 / 1 6 " , 10 markets j /
dol. per lb
Wneat, No. 2 , hard w i n t e r (Kansas City)
d o l . p e r bu
Department s t o r e s a l e s 1935"39=100
Insured unemployment, t o t a l
thous
S t a t e programs
do..
Veterans' programs
do..
Finance:
Currency in circulation jj
mil. of dol
Federal Reserve beck credit, total
do..
Member bank reserve balances
do..
Excess reserves, estimated
do..
Federal Keserve reporting member banks in leading cities?
Bank debits, total
mil. of dol
New York City
do..
D e p o s i t s , demand, a d j u s t e d
do..
Loan8 and i n v e s t m e n t s , t o t a l
do..
U. S. Government o b l i g a t i o n s
do..
Commercial, i n d u s t r i a l , and a g r . l o a n s ( g r o s s )
do..
F a i l u r e s , i n d u s t r i a l and commercial
number
Bond y i e l d s , domestic c o r p o r a t e (Moody* s ) %J
percent
Stock p r i c e s , 4 l 6 s t o c k s (Standard and P o o r ' s )
1935-39*100
I n d u s t r i a l s , 365 s t o c k s
do..
Production:
Bituminous c o a l 3 /
t h o u s . of short t o n s
E l e c t r i c power, by u t i l i t i e s
tail, of kw-hr
Motor v e h i c l e s (Ward' s)
number
Petroleum, crude %J
thous. of bbl
Steel 4 /
'.
1935-39=100
Freight carloadings, t o t a l
t h o u s . of c a r s
Miscellaneous
do..

1.449
5,579
152,228
4,845
178.8
743
352

1/ Data do n o t always cover calendar weeks.

%J D a i l y a v e r a g e s .




2 / Thursday p r i c e s .

5,556
150,815

M75
178.0
661
362

Sept. 2

Sept. 9

S e p t . 16

S e p t . 23

167.2
179.5
176.5
155 A
319.9
•391
2.21
310
984
933
17

167.7
179.5
177.2
156.5
326.9
.405
2.23
295

169.I
182.0
178.9
157*8
332.5
.408
2.20
368

169.
181,
179,
159.
330.410
2.21

26,978
18,883
l6,Ui+2
802

27,089
18,979
16,285
540

27,235
19,438
16,611
898

27.175
19,665
16,865
991

27,094
19,169
16,299
386

25,838
11,305
48,561
68,176
34,894
14,512
176
2.84
150.2
161.5

27,156
13,218
48,995
68,533
35.082
1^,739
143
2.84
148.1
159.0

21,668
9,312
48,581
68,469
3*1.698
14,932
145
2.85
148.4
159.3

25.118
10,556
49.269
68,855
34,840
15.330
I65
2.85
152.2
163-/8

1,830
6,346
171,867
5,629
195.7
S37
391

1,837
6,459
178,385
5.690
209.8
852
398

2.013
6,029
144,271
5,839
211.7
751
344

1,883
6,449
176,296
5.870
215.2
866
406

4 / Week ending September 3 0 , 2 1 7 - 6 .

12.353

155
2.87

178,346
"*2l6!9

2

MONTHLY

BUSINESS

Earlier data are available in monthly issues of the Survey
and the 1949 Statistical Supplement

STATISTICS

19*9
July

1950
August

May

June

July

GENERAL BUSINESS INDICATORS
Industrial production (federal fieserve):
Unadjusted, combined index
Manufactures
Durable manufactures
Iron and steel
Lumber and products
furniture
Lumber
Machinery
Nonf errous metals and products
Smelting and refining
Stone, clay, and glass products
Cement
Clay products
Transportation equipment
.'
Automobiles (including parts)
Nondurable manufactures
Chemical products
Industrial chemicals
Leather and products
Leather tanning
Shoes
Manufactured food products
Meat packing
;
Processed fruits and vegetables
Printing and publishing
Hubber products
Textiles and products
Cotton consumption
Rayon deliveries
Wool textiles
Minerals
Puels..
Anthracite
Bituminous coal
Crude petroleum
Metals
Adjusted, combined index 1/
Manufactures
Durable manufactures
Lumber and products
Lumber
Nonferrous metals
Smelting and refining
Stone, clay, and glass products
Cement
Clay products
Nondurable manufactures
Chemical products
Leather and products
Leather tanning
Manufactured food products
Meat packing
Processed fruits and vegetables
Printing and publi shing
Minerals
Metals. .-;•.".:.:•;.-.-

:

163
169
186
156
121
136
113
217
127
179
187
209
i4o

174
181
194
178
134
148
126
216
141
174
190
207
149
246
225
170
226
3S8
110
90
123
189

200
208
238
231
166
177
160
262
207
218
212
229
161
277
268
184
258

198 I

195
203
232
226
162
175
155
258
197
208
208
221
160
262
249
ISO
255
444
101
9*
106
157
144
98
169
213
175
140
3*7
157
147
148
97

rl05
100
rl08
164
146
120
169
220
173
132
348
161
155
155
96

r213
229
rl6l
r274 I
r264
182
r257
449
100 I
87
108
177
141
rl90
150
r221
rl65
123
360
135|
rl49
rlUSl

160
rl40

168
155

109 j
rl71 '

195
204
231
158
149
197
208
203
210
161
181
256
101

199
208

127
180
185
199
140
154
228
96
84
161
150
139
144
123
105

170
178
193
126
115
141
174
I83
I83
145
165
229

rl96 I
r205 j
r236
rl51
140 I

91
166
153
151
151
129
102

iS

.do...
.do...
.do...
do...
do...
do..•
do...
do...
do...
do...
do...
, ...do...
do...

168.5
188.5
201.7
169.5
182.2
210.2
236.O
135.6
96.9
I83.I
186.8
120.7
154.3

1926-100.
do...
do...
do...
do...
do...

1935~39alOO.
a0
-••
do...
do...
do• • •
do...
do...
do...
,
do...
do...
do...
do.,.«
do...
do...
do...
do...
do...
do...
do...
do...
do...
do...
do,..
do...
do. -,
do...
do...
do...
do —
do...
a0
«- •
do...
* -do,..
do.,,
do...
do...

do...
do —
do...
- , > . , do...
•-•• do
do...,
do...
do...,
do...
do...,
do....
do...
do
do... .
do....
do...,
do....
do...,
do
do

225
156
.225
392
94
80
104
172
140
181

133
175
120
87
238
109
128
126

93

80

147
140
161
168
185
115
104

134
287
14 3
178
140
111
259
134
134
134
82
108
149
135

237

155

144 I

r207
237
r228
rl6l
174

'155 I
r265 I
202 I

207 I

68 I
158 I

203 ,
208

125

207
219
210
214
162
184
261
rl05
102
164
147
156
170
151
130

160
181
r26l
102
91
166
151
Pi6
rl62 I
rHl4
124

168.8
18 7.4
202.6
169.4
184.9
201.9
239.5
135.8
97-1
I83.I
184.8
120.8
154.8

168.6
I85.1
200.3
169.6
177.8
206.5
239-5
138.8
97.1
I89.I
185.4
123.5
155.3

170.2
185.0
204.6
169.6
177-1
217
246
138
97
I89
I85
123
155

172.5
184.7
210.0
171.3
179.5
220.8
256.0
139.5
97-0
190.9
186.4
124.4
156.2!

153.6

152.9

155.9

157.3

162.9 I

149-8
I63.2
146.0
166.2
154.1
188.5
150.6

149.4
I61.3
147.9
I62.3
150.4
186.3
150.6

152.2
166.3
145.6
164.7
172.3
194.6
153-7

no

144

i*»5

r211
208

COMMODITY PRICES
Consumers' price index, all items.
Apparel.
Pood
Cereals and bakery products
Dairy products
fruits and vegetables
Meats, poultry, and fish
fuel, electricity, and refrigeration
Gas and electricity
Other fuels
Housefurnishings
Bent
Miscellaneous
Wholesale prices (U. S. Department of Labor):
Combined index
Economic classes:
Manufactured products
Raw materials
Semimanufactured a r t i c l e s
Farm products
Grains
Livestock and poultry
Commodities other than farm products


http://fraser.stlouisfed.org/
r/ Revised.. £/' Preliminary.
Federal Reserve Bank of St. Louis

do...
do...

153
167
rl4S,
165
169
197
155

158.0
175.8
rl52.9
176.0
173.5
215.8

I59.7I

1/ indexes for which seasonal factors have been fixed at 100 are not shown; see unadjusted series.

MONTHLY

BUSINESS

Earlier data are available in monthly issues of the Survey
and the 1949 Statistical Supplement

3

ST A T 1ST ICS —Continued
19^9

July

1950
May

August

July

June

COMMODITY PRICES - Continued
Wholesale prices (U. S. Department of Labor) - Continued
Poods
1926slOO..
Cereal products
do....
Dairy products
do....
Fruits and vegetables
do....
Meats, poultry, and fish
do....
Commodities other Lthan farm products and foods
do....
Building materials
do
Brick and tile
do....
Cement
do....
Lumber
do....
Paint and paint materials
,.. .do
Chemicals and allied products
do.. • <
Chemicals
.
.
.do

Drugs and pharmaceutical materials
f e r t i l i z e r materials
OilB and fats
Fuel and lighting materials
Electricity
Gas
Petroleum products
Hides and leather products
Hides find skins
Leather
Shoes
*
Housefurnishing goods
Furnishings
Furniture

do....
do
do
do
do....
do....
do...«
,..."... .do...,
do....
do....
do....
do....
do....
do....

Metal and metal products
do....
Iron and steel
do....
Metals, nonf errous
do....
Plumbing and heating equipment
do — «
Textile products
do....
Clothing
do
Cotton goods
do
Hosiery and underwear
do
Rayon
do....
Silk
...do
Woolen and worsted goods
do
Miscellaneous
.. .do... •
Automobile tires and tubes
do....
Paper and pulp
do....
Wholesale prices of selected commodities:
Coal, bituminous, mine run, composite..do1. per short ton..
Coffee, Santos, No. 4 (New York)
dol. per lb..
Cotton cloth, print, 64 x oO
dol. per yd.,
Wheat flour, stand, patents (Minn.)...dol.per 100 lb.3ack.
Hides, packer's, heavy, native steers
.....dol. per lb.,
Lumber:
M
Southern pine, boards,No.2,com.,l"x 6 or S M x 121
dol.per M.bd.ft.

Ponderosa pine, No. 3, common, 1" x 8M
do...
Steel, scrap,heavy,meloing (Pittsburgh) ..dol.per long ton.
Gasoline, tank wagon (New York)
dol. per gal.
Petroleum, crude (Oklahoma-Kansas),at w e l l s . . d o l . per bbl.
Sugar, refined, granulated (New York)
dol. per l b .
CONSTRUCTION AND HEAL ESTATE
Contract awards, 37 States (F. W. Dodge Corp.):
Total projects
number.
Total valuation
thous. of dol.
Building, total
...do
FINANCE

Federal Government finance:
Receipts, Treasury, total
mil. of dol.
Receipts, net
do...
Customs
-.. .do...
Income and profits taxes
do...
Employment taxes
*
do...
Miscellaneous internal revenue
do...
Expenditures, total
do...
Interest on debt
do
National defense and related activities
do...
Stocks:
Cash dividend payments publicly reported, total
do...
Finance
do...

Manufacturing
Mining
Communication
Heat, light, and power
Railroad
Trade
Miscellaneous

TJ revised, py Jfreliminary.


do...
do...
do...
do...
do...
do...
do...

I6I.3
146.1
H49.2
145-4
212.2
IU5.I
189.0
161.5
133.1
277-4
IU5.4
118.0
117-9
124-7
120.7
118.5
130.1
70.0
89.5
110.2
177.3
184.7
175-4
I83.8
1^3.0
149.1
136.8
167.9
164.2
132.1
154.7
138.0
144.8
167.3
98.4
39.6
49.2
157.6
IIO.3
60.6
156.8

160.6
142.8
152
130,
210
145.
188.
161
133
2

8.531
.277
.128

87
112
181
194
179
I85
146
154
138
169
168
136.
156.4
136.1
143-8
172.0
97.7
39.9
4|.3
146.2
114.7
65.8
155.4

162.1
145.6
135.9
140.5
223.7
148.8
202.1
164.3
13^.9
322.6
I37.7
114-5
117-3
122.7
108.4
111.9
132.7
67.O
r87-3
113.9
182.6
202.1
180.6
184.8
146.9
154.2
139.4
rl71.9
rl69.4
148.4
156.3
136.8
143.8
173-8
97.7
39.9
49.3
148.3
rll4.7
67.O
155.6

.209

8.515
.284
.144
5.340
.238

8.729
.462
.142
5.690
.220

8.707
.478
.151
5.688
.245

r!87.1
219.3
185-3
rl85.8
rl48.7
ri.56.1
rl4l.O
rl72.4 I
rl69.7
156.6
rl56.4
rl42.6
144.3 I
rl90.7
99-2
40.7
60.3
rl50.7
119-0
r68.7 I
rl59-9
8.689
•538 1
•175
5.930
.278

59.479
62.540
21.000
.196
2.570
.077

61.173
59-210
21.000
.196
2.570
.077

69.342
66.220
37.000
.197
2.570
.076

72.128
6S.53O
43.900
.197
2.570
.076

74.568
70.840
40.500
.200
2.570
.078 I

32.579
943.560
690,875

37.662
905.748
671,465

65.305
1,347,603
1,083,147

60,658
1.3^5.^63
1,072,047

2,061
1,946
25
1.209
65

2,917
2.^79

2,895
2,320
38
1,721
2,962
136
1.007

776
404
40
526
3*9
714
296
611
998

1,028
204 I
737
3.013
271 (
rl,024

210.6
31.3
120.1
3.0
.6
42.0
3.0
7.6
3.0

892.1
73.5
549.5
64.6
30.5
60.5
42.4
48.4
22.7

113.3
224.1
5.2 1
6l.l
48.9
9.3
37.1
10.4

5-575

J &
322
1,033 ,

77

144

119,
117
125.0
121.8
130.3
129.6
68.5
88.9
109.7
178.9
194.5
173.7
183.8
142.9
149.1
136.6
168.2
163.8
135.9
154.7
138.1
144.8
170.2
98-4
39.6
49.2
152.6
109.8
60.6
156.8

5*

1.568
404
749
3.525
125
1,165

491.1
101.8
225.6
5.1

191.6
37-0
94.3

•S3

41.2
5-9
8.6
2.7

13.5
33.6
9.0

159
146
138
139
217
147
198
163
134
310.8
136.8
116.4
116.5
122.3
116.8
122.2
132

66

171.4
151.2 I
141.8
137.0 I
240.7
151.5 !
r207-3
rl67.4
135.3
r338.0
138.6
118.1
1190 i
129.1 I
rllO.O
125.7

133^ I

60,942 I
1,420,181
1,162,195

2,148
1,881

39

509.4 I

4

MONTHLY

BUSINESS

Earlier data are available in monthly issues of the Survey
and the 1949 Statistical Supplement

S T A T I S T I C S —Continued
13*9
July

1950
August

May

June

July

FOBEIGN THADE
Exports, including reexports, total
mil. of dole
Exports of U. S. merchandise, total
,
do-,.
By economic classes?
Crude materials
thous. of dol.
Crude foodstuffs
do...
Manufactured foodstuffs and beverages.
do...
Semimanufactures
do...
Finished manufactures
do...
By principal commodities:
Agricultural products, total
do...
Cotton, unmanufactured
do...
Grains and preparations
do...
Nonagricultural products, total
do...
Automobiles, parts, and accessories
do...
Chemicals and related products
do...
Iron and st6el-mill products
do...
Machinery
do...
Petroleum and products
do...
Textiles and manufactures
do...
General imports, total
do
Imports for consumption, total
do...
By economic classes:
Crude materials
do —
Crude foodstuffs
do...
Manufactured foodstuffs and beverages
do...
Semimanufactures
do...
Finished manufactures
do...
By principal commodities:
Agricultural products, total
do...
Coffee
do...
Hubber, crude, including guayule
do...
Sugar
do
Wool and mohair, unmanufactured
do...
Nonagri c u l t u r a l p r o d u c t s , t o t a l
do...
Nonferrcus o r e s , m e t a l s , and manufactures
do...
Paper base s t o c k s
do...
Newsprint
do...
Petroleum and products
do...

900
890

r8S3
r876

r82S
rSl6

876
S65

774
762

97,853
98.51S
71.416
104,658
517,504

108,346
124,502
" 49,726
rlOO,6l4
r492,717

167,150
55,047
49,202
89.691
451,807

192,522
59,710
49,864
93,452
469,266

107,249
54,090
55,483
84,002
461,640

235,416
38,607
110,907
654,533
1/59.613
58,805
67,772
1/ 203,413
39,965
45.835
456,^51
458,964
126,154
92,462
65,160
85,030
90,157

244,520
28,381
125.374
r631,386
rl/53,539
r 58,560
64,123
1/181,562
48,708
44,085
490,787
513,H7
137,886
91,747
69,231
114,428
99,825

263,309
127,912
60,232
601,504
1/68,726
65,181
U 335
#
J'
1/176,023
38,920
44,119
685,624
679,108

205,068
58,542
16,649
36,525
11,671
253.896
39,486
14,255
35,942
36,630

225,304
55,294
17,171
37,683
20,734
287,812
59,252
16,495
38,192
35.417

233,593
90,245
54,025
579,304
1/53.903
60,928
40,500
1/173,933
40,968
40,154
658,942
653,788
167,766
117,124
75.971
169,049
123.879
278,788
58,679
23.786
37,067
31.055
375.000
71,606
21,43s
44,927
45.295

2,155
25,806
422,496
16,625

3.041
35,347
516,208
22,869

571
1,565
2,371
1,818

177,547
46,058 [
70,649 I
584,917
1/62,483
3^! 149
2/197,796;
40,050
32,029
708,754 i
705,937

183,771
119,916
75.144
180,392
119,885

183,620
154,608
86,480
162,134
119.095

289,17U
56,374
33.853
31.109
31,044
389.934
80,160
23.865
4o,s44
47,054

335.205
105,153
29,994
39,465
39,340
370,732

2,395
32,674
424,870
18,998

2,594
32,815
471,152
20,095

2,820
27,374
400,566
16,204

867
1,985
2,743
2,599

829
1,949
3.206
2,720

923
2,070
3,329
2,653

5.262
35,064
31.493
3.571

5,726
40,811
36,084
4,728

7,362
14,381+
11,544
2,840

r7,249
19,189
15,997
3,192

7,579
24,108
20,651

38.332
32,562
91,834
60.7

37,754
33,581
75.285
67.3

48,989
45,702
76,236
82.5

44,490
35,774
69,025
91.9

41,520
41,188
67,809
r68.3

3,358

3,767

3,668

4,153

4,080

short t o n s .
do...
do

421,475
412,127
173,221

446,834
435.007
185,048

459,937
479,560
159,767

440,967
440,777
159,957

439,255|
463,339
135,873 I

do...
do
do...

313.118
76,218
77,133

318,046
78,944
76,941

401,922
89,719
86,257

376,482
88,420
89,928

336,759
84,280
83,586

do...
do...,
do...

12,176
416,595
76,848

14,179
446,964
86,044

9,582
288,684
94,187

8,074
303,524
78,935

339,424
93,140

63,987 I
20,830
38,410 I
*i4,211

TOBACCO
Tobacco, manufactured p r o d u c t s , consumption (withdrawals):
Cigarettes, small, tax-free
millions.
Cigarettes, small, tax-paid
do
Cigars, t a x - p a i d
thousands.
Manufactured tobacco and snuff, t a x - p a i d . . . . t h o u s . of l b s .
LEATHER AND PRODUCTS
Leather p r o d u c t i o n :
Calf and k i p
Cattle hide
Goat and k i d
Sheep and lamb

thous • of s k i n s .
thous. of h i d e s .
t h o u s . of s k i n s .
do

584
1.705 I
2,670
1,989

METALS AND MANUFACTURES

Iron ore (Lake Superior d i s t r i c t ) :
Consumption by f u r n a c e s
t h o u s . of long t o n s .
Stocks, end of month, t o t a l
do...
At furnaces
do...
On Lake Erie d o c k s . . .
do
Lead, r e f i n e d (primary r e f i n e r i e s ) :
Product i o n
short t o n s .
Shipments ( d o m e s t i c )
do...
Stocks, end of month
do...
Machine t o o l s , shipments
194jr47sl00.
Pump8, steam, power, c e n t r i f u g a l and rotary:
Orders, new
thous. of d o l .

3.456 I

PAPEK AND PBINTING
Newsprint, Canada ( i n c l u d i n g Newfoundland):
Production
Shipments from m i l l s
S t o c k s , a t m i l l s , end of month
Newsprint, United S t a t e s :
Consumption by p u b l i s h e r s
Production
Shipments from m i l l s
S t o c k s , end of month:
At m i l l s
At p u b l i s h e r s
In t r a n s i t t o p u b l i s h e r s

Digitized for
rj FRASER
B e v i s e d . p_/ P r e l i m i n a r y .


8,768 I