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SURVEY O F C U R R E N T B U S I N E S S
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC
AYAIJifP °^

LY

COMMERCE
SEPTEMBER

WITH SUBSCRIPTION TO SURVEY Of CURRENT BUSINESS

SELECT-ED

B- U S I N I S S

9, 1949

1 N D1 C A T O SI S
ELECTRIC POWER PRODUCTION BY UTILITIES

STEEL INGOT PRODUCTION
0935-39 «. 100}

(BILLIONS OF KILOWATT HOURS)

SALES OF RETAIL STORES

PERSONAL INCOME

(SEASONALLY ADJUSTED, 1935-39-100)

8ILLSOMS OF DOLLARS, SEASONALLY ADJUSTED, AT ANNUAL RATES

1949

WEEKLY

BUSINESS

A

STATISTIC S

19*6

191*9

iTm
Commodity prices, wholesales
All commodities 2/
.
1926*100.
Parm products 2/
.do...
Pood 2/
do...
All other 2/
..
do...
28 commodities J/
August 1939*100.
Cotton, Middling, 15/16", 10 markets 4/..
dol. per lb.
Wheat, Ho. 2, Hard Winter (Kansas Ci ty)..........dol. per bu.
Department store sales....
1935-39*100.
Insured unemployment, total...
taous.
Stat® programs
do...
Teter&ng • programs
,..
• do.. •
finances
Currency in circulation 4/
.mil. of dol.
federal Reserve bank credit, total *
do...
Member bank reserve balances
»
do...
Rxcees reserves, estimated
.*.
do..•
federal Reserve reporting member banks in leading cities:
Bank debits, total
.. •.
all* of dol.
S«w Tork Ci ty
do...
Deposits, demand, adjusted
*
do...
Loans and Investments, total
.do...

U. S. Government obligations
do...
.Coamerclml, industrial and agr. loans, g r o s s . . . . . . . d o . . .
failure®, industrial and commercial.
.number.
Bond y i e l d s , domestic corporate (Moody* s)
percent.
Stock p r i c e s , 416 stocks (Standard and P o o r ' s ) . . ..1935-39*100.
I n d u s t r i a l s , 365 stocks.
.
do...
Production:
Bituminous coal 4/
.taous. of abort tons.
S l e c t r i e power, by u t i l i t i e s
. a i l . of Icwhr.
Motor vehicles { Wards)
..
number.
Petroleum 4/
thorns, of b b l .
St eel 5 /
1935-59*100.
freight car loadings, t o t a l
tbous. of c a r s . •
Miscellaneous
do...
if Data do not always cover calendar weeks.
ages. 2J Week ending September 10, 173*9•




Zj Revised s e r i e s

Aug. 28

Sept. 4

I69.8
191.2
IS9.8
153-4
312.7
.308
2.19
255
1.289
883
3S3
27,991
21,993
17.668
811

168.9
I88.5
I87.7
153 •*
3l*-7
.309
2.20
308
1,200
813
362

152.6
164.5
160.6
144.9
2*0.4
.31*
2.06
228
2,*96
2,139
2*5

152-7
163.8
161.*
1*5.0
2*3.0
.313
2.05
218
2,*35
2,182
1*1

151.9
160.1
161.0
1**.9
2*6.5
.310
2.04
252

15L9
159.8
161.3
1*4.9
2*7.6
.30s
2.06
252

28,117
21,937
17.72*
853

27.*37
19.213
17,619
9*2

27,39*
18,69*
17,096
1,38*

1:8

20,853
8,613
*6,282
63.796

27,421
18,92*
17,3*7
905
18,191

20,4*10

5 9

27,3*1
18,081
16,509
998
18,512

7.970
46,050
64.695
36,*85
12.939
193
2.92
123.3
129.6

65,121
37.11*
12,9*2
176
2.91
121.1
127.2

47,059
63,2*1
3*»702
14,847
3.10
127.1
135.4
2,056
5.476
95.715
5.529
193.6
892

47,056
63.231
$.714
14,887
94
3.09
128.4
134.7
2,0*2
5,470
96,484
5.531
192.2
895
*0l

Aug. 6

35.73

12,826
171
2.95
120.3
126.6

Aug. 15

»J' ?
46,268
6*.207
56,1**
12,906
176
2.92
122.9
129.2

Aug. 20

Aug. 2?

Sept. 3

152.*
161.6
161.9
1*4.9
250.2

3o4

18,225
16,512
1,265
7.797

121-3
127.5

1,258
1,318
1.333
5.579
5.530
1*2,663
1*8^69
141,380
1*0,147
4,723
*.717
*.723
172.4
"
178.2
175.1
170.0
7*7
728
394
356
33*
See not® in December 3 , 1948 i s s u e . 3 / Ihursday p r i c e s . 4/ Daily aver1*2)3*6
*,670
167.9
717
329

2

MONTHLY

BUSINESS

Earlier data are available in monthly issues of the Survey
end the 194? Supplement

STATISTICS

19*8

1^9
August

July

May

J«B«

July

GSNSRAL BUSINESS IHDICATOBS
Personal income, seasonally adjusted, at annual rates*
total personal income
......Ml. of dol
Wage and ealary receipt*, total
do..

total employer disbursements
do..
Commodity-producing industries
.do..
Distributive industries
do..
Service industries
do..
Government
•
do..
Less employes contributions for social insurance.do..
Other labor income
do..
Proprietors 1 and rental Income
do..
Personal interest income and dividends
do..
Total transfer payments.
do..
Total noaagricultural Income.«
do..

a*.5

as.*

13*.6
136.8
60.7
39.8
16.9
19 •*
2.2
2.0
50.8
16.0
11.1
190.2

136.5
138-7
61.9
*0.2
16.9
19.7
2.2
2.0
16.3
H.i
192.0

301
853
2*o
256
3

293
236
227
235
6

r213.1
rl35.0
rl37-2

?a2.*
r!3*.0

209.7!
133*7
135-9
58.1
40.2
17.0
20.6
2.2
2.1
**.5
17.3
12.1
191.1

r!36.3

Jail

So J*

•17.3
20.5
2.2
2.1
17.3
12.0
r!92.6

17.1
20.5
2.3
2.2
r*6.8
rl7-3
12.1
rl91.8

256
23*
227
17*
*11
2*2
215
213
231
277
328
23*
217

252
225
212
iGB
*12
2*3
211
175
219
277
331
230
213

188.3

188.3

206
132

323
*80
7
12
103
220
138

rl.5*5
1,117
530
257
82
*0
290
r*68
15
9
rl*l
160
rl*3

y! i 7*5
rl,239
600
r268
r76
50
321
r506
rl7
rl**
r!85
r!5l

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

10.73S
3,188
7,5*9

10,67*
3,292
7,382

10,777
3.398
7.379

rl0,820

1935*39*100
do..
do..
.do..
..........do*.
............do..

323-1
395*5
299.5
336.9
389.5
319.7

328,9
408.7
302.9
338.0
405.0
316.1

337.1
429,8
306.9
332.8
*03.9
309.6

*7.078
22,035
21,325
22,407
*7,072
20.518
17,696
877
23.771
50.6

*7,2*6
22,107
a.577

*5.502

837
23.935
50.6

*5,*83
20,092
19,70*
23.116
*5,*83
19,582
18,02*
79*
23.3*6
53.8

253.37*

253.0*9

251,889

252.770

220,381

219,987
30,887
2.175
51
23.725
28,055

217.975
3L91*
2,000
23
2*.3*2
27.507

217,986
32,776
2,009

218,831 I
33.0*9

27
2*,*66
27,*93

2*,520
f27,39* I

*?-5

*6.7

COMHODITT PfllCBS
Prices received by farmers, a l l farm products., .I909-IJUIOO
Crops... •.*
do..
food grain
do..
feed grain and hay
..
.do..
tobacco..
Cotton
fruit

..do..
do..
do..

truck crops
Oil-bearing crops..*
•
Livestock and products
Meat animals.
Dairy products
Poultry and eggs
Retail prices, U. 3. Department of Commerce:
All commodities, index

J?

266
172
213
366

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

in

1935-39*100

195.1

•

3**

300
23*

2*5
I83
172
310
305
2*7

171
*12|
2*3
19*
I85 I
2051
275
32*
21&

186.8

196.3

CONSTRUCTION AND SSAL ESTATE
New construction, t o t a l .
nil* of dol
Private, total
.....do..
.Residential (nonfarm)
do..
Nonresidential building, exc. farm and pub . u t i l i t y . . . d o . . ,
Industrial.
do..
farm construction.
do..
Public u t i l i t y
•
do..
Public construction, total
...do..
Residential construction
.......do..
Military and naval.
do..
Nonresidential building.
do..
Highway
do..
All othsr
.do..
DOMSSTIO tRADS
All retail stores*
Estimated sal«s, total
Durable goods s t o r e s . . . . .
Nondurable goods steros
Indexes of salts*
Unadjusted, combined iadsx
Durable goods s t o r s s . . . .
Nondurable goods storss.
Adjusted, combined index
Durable goods s t o r s s . .
Nondurable goods s t o r s s . . . .

?

2*9
220
207|

•

1,87*
l.*23
707
321
110
81
31*
7
11

i.93*
1,*5*
720
329
113
82

r3.*78
r7,3*2

rl.S53 I
H.309
r650
r269

15

m
rl9
rl*8
210
rl58

10,2*2
3,262
6,980

f337-7

31*. 2 1
412.1
S8g.3

rf».l
f

r30 +-7
P331-5
r*07.2
r306,8

4W7
301.7

flKAHGB
federal Reserve banks, condition, end of nontai
Asset a, total*.
mil. of dol

Reserve bank oradit outstanding, t o t a l . . . . .
do..
United States s s c u r i t i s s . .
....do.,
Gold certificate reserves
do..
Liabilities, t o t a l . . . . . . .
,.,,,,
do..
Deposits, t o t a l * . . * . . . .
...do..
Msmber bank reserve balancss.
.do..
KXCOBB reserves (titlmated).
do..
federal Reserve notes ia c i r c u l a t i o n . . . . .
.....do..
Reserve ratio
.percent
fsdsral Government finanoet
Dsbt, gross, tad of month.....
a i l . of dol
Interest bearing.
Public iseuss.
.do.,
Special i s s u e s - . . .
...do..
Noaiatorest bearing
.do..
Obligations guaranteed by U. 3 . , amount outstanding..do..
Qold, monetary stock, United States
....do..,
Ourrsacy i a e i r e u l a t l o a . . . . . . . . . . . . . . . . . . . .
....do..
r/ Revised.

j>/ P r e l i m i n a r y .




30,787
2,206
2 655
27!866

20, if62
17.679

19,&?6
19,3*3
23,2*5
*5.5p2
19.2*6
17,867
9*8
23.373
5*.5

u

*,937
19,239
18.529
23.285
^.937
18.968
17,*37
*752
23,305
55.1
253,877 1

MONTHLY

BUSINESS

Sariier data are available in monthly issuee of the Surrey
wad the 1947 Supplement

3

S T A T l S T l C S — Continued
1948

19*9
July

April

May

June

JIHAICS - Continued
Life insurance (Life Insurance Assn. of America)!
Assets, admitted, 49 companies, total
» i l . of dol.
Bonde and stocks, book value, total• • • .do...
Government (domeetic and foreign), total
do...
U. 3. Government
...do...
Public u t i l i t y
do. • •
iailro&d
•
*
do...
Other
*o...
Cash
do...
Mortgage loans, total
do...
Farm
•
do • • •
Other...
....do...
Policy loans and premium notee.
do...
Beal estate holding!
.do...
Other admitted aeeete
..
do...

1*7,869
35.640
16,787
17.05h
7.390
2.784
6,679
695
7.977
790
7.186
1.735
847
976

r48,088
35.727
18,530
16,760
7.536
2,810
r6,899
656
8,121
802
7.319
1,7*2
863
r979

50.519
36,537
16,792
14,748
8,585
2,855
8,304
694
9,404
682
8,522
1.833
995
1.057

50.763
36,5*8
16,575
1*,529
8,678
2,853
8,442
730
9.532
899
8.633
1,645
1,007
1,100

51.073
36,779
16,361
14,324
S.96S
2.865
8,585
675 ,
9.687 !
912 I
8,775 I
1.859
1,028 I
1,044

rl.013
rl,003
625
605

1,019
1,010
563
568

1,149
1.13?
53*
5;
527

1,078
1,069
541
533

1,104 !
1.093 i

22.995
6.295
59*.733

rl8,790
rf.733
r602,668

16,923
7.752
668,007

16.791
7.825
67*,66i

l*,930
3.127
522,261
6,254
7.320

10,960
r3,232
r528,919
rS,184
*7,35*

11,526
3.383
592,680
8,289
7.335

10,972
3,731
599,562
8.917
7.908

U8.230
12.535
450.000

40,250
11,800
387.200

25.565
12,150
269,250

40,400
12,800
362,850

35,070
10.«5«50
357.500J

19,600
91,040
1,044

19.675
70,675
95*

12.275
9*.250
906

15.*15
118,250
796

12,525 I
109,400
606 I

*6,339
492,872
2*9.1*3
815.097
811.116
.501.559

4 35.01*
489,168
2*3,933
926.334
922.053
1,107.401

56j,;i?

577.*3?
156,084
608,479
604,698
1,492,168

509,595 I
123,322 I
792,936
769,878
1,251,701 J

1.030,203
104,619
402,986
157.218
7^.367
1*3.966
186,513
60,280
102.923
9,044
8.625
21,008
16.291
3.318
38.058

1.020,392
98,524
379.075
147,19*
66.558
38.083
180.678
61.166
96.260
7.664
11.576
16,028
16,496
2.829
32,507

9*6,248
112.324
3**,7**
156.712
56,963
39.405
165.32?
32.376
151.920
12,666
17,003
40,80;
23 '

951,300
116,830
3*3.235
155.353
58,988
3S,06l
166,006
32.282
161,188
1*.*5?
13,224

m

*S.778

7*3.§3J
757,636

691.643
691.037

6*0,44^
664,59*
665.W
323.650

r629,**7
rf3?,*82
r63*,235
r330,*95

"$37.7951
1-631. *63
r6^,6§3 1
*33M30

78,567

P0E3I&3 fSADB
Exports, including reexport*, total
Sxports of U. S. merchandise
General imports, t o t a l . . . .
Imports for consumption
IQODSSUIfS

....
• .-

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

Si s t i l l e d spirits^
Production
.
=, - - .thous. of tax gal.
Sax-paid withdrawals.
....
.do...
Stocks, end of month.....
.
, ...do.,.
Whisky*
Production
*
do...
fax-paid withdrawals
do...
Stocks, end of month
do...
Rectified d i s t i l l e d s p i r i t s , prod.,total.thous.of proof gal.
Whisky
do...
Dairy products*
Condensed milk (sweetened)*
Bulk goods
.thous. of lb.
Case goods..*.**
do...
Svaporated milk (unsweetened), case goods
*
do...
Dry milk*
Dry whole milk
do...
Monfat dry milk solids (human food)
.do...
Coffee, visible supply...
.thous. of bags.
Sugar, U. 8., deliveries and supply (raw value)*
Produc tion
short tons.
Entries from off-shore
..
do...
Hawaii and Puerto Bio©
.do...
Deliveries, total
*
.*
do...
for domestic consumption.
do...
Stocks, raw and refined, end of month
do.. •
PAPER AND PBIHSINa
Wood pulp*
Production, total, all grades
.do.
Bleached sulphate.
.do.
Unbleached sulphate
..
.do.
Bleached sulphite
.do.
Unbleached sulphite
•
.do.
Soda
do.
Ground wood.
.do.
Defibrated, exploded, etc
....do.
Stocks»' end of month, total, a l l grades
.do.
Bleached sulphate
.do.
Unbleached sulphate.
. . . . . .do •
Bleached sulphi te
do *
tJnbleaohed sulphite
«
do.
Soda.
.do.
Ctoeuadveed
.do.
Paper, excluding building paper, newsprint, end paperboard
(Amoriean Paper and Pulp Association)*
Orders, n e w . . . . . * , . . . * .
......
...short tons..j
Produo tion
.,..,......,,...,....
.'. ,do..
Shipment* , . . * . .
....,..*•»»..
,d©.»
Stock*, end of m o n t h * * . . . * . • * . • • • « • • . . . « . . » , « » S B S * «d©«.
fine paper 1
Orders, n e w . . . . . . . . . . . . . . . . . . .
do..
Production.
.*...«...*.....
.do..
Shipments
•
.do..
Sleeks, end of month.
....»,...,,».,.do..
Printing paper*
Orders, new*. •
do..
Production*
..........•....,.**...,.........do..
Shipments
.do..
Stocks, end of month
................
.do*.
r/ Bevised.

71+5.707
250.270

236,686
537,**9
535,102
1.524.952

*

*5.**3
35,711

*531 !

13,72* i
7.631
677,3** !
7.852 I
602)926 I
9,035
7,sr

919,899
112,129
3*?,366
135,302
56,309
23.256
160,917
33.592
r!58,496
17.650
12,043
* 39,823
r28,831
5.116
r*3,640

90.503
99.971
95.960
61.100

86,866
86,437
63.995

86,23*
83,706
86,128
85.970

?80,145
64,822
r84,302
r89,250

r84,4§6
r85,8?3
r85,946
^89,195

269.137
£7,238
261,96%
81.738

236.841
237.927
238.145
79,*37

237,156
240,199
2*0,920
101,015

r24l,305
r237.08«
r238,600
r98,*80

r229,ao
*223,789
*228,579
*9*.*25|

%/ Oorreottd monthly figures are not available; January-July 19*9 total i s 218,055 short tons.




-*52?4

4

MONTHLY

B U S |::N-JE-S,5

Earlier data as?® available in monthly issues of the Survey
and the 19*7 Supplement

S T A T I S T I C S — -CmtkiMtd
i$*i

Jane

19*9
July

April

«*T

June

PaPKR AHD PBXHSIHft - Continied
Fa^er, excluding building paper, newsprint, and paperboard
(American Papas* and Pulp Association) - Continued
Coarse paper»
Orders, new
..........
abort teas.,
Production
..........
do...,
Shipmeats
.do...,

253.000
243,602
243,364
59.250

195.350
a7,*75
215,043
83,500

*193.672
r20i,355
^195.343
r89,7©0

38,7*8

37.^9*
31.363
995

8,233
721
7,701
7,*0S

**SP
6,330

3^.76*
29,718
825
8.305
670
6,142
5.892
621
1/7,263
5,0*6

?32,608
r26,«91
r*17
7,523

17,579
2,148

65,16*
63,066
12,91*
1,105
23,l«99
9,296
1,160
15,092
2,098

72.755
70,273
15,870
1.^33
25,444
9.701
1,360
16.&5
2,482

r7*,l6l
*?!.»
15,7*7
11,61*
25.607
9.818
1.376
17,189
2,810

166,330
16S,952

m.196
174,546

150,35*
154,223

154,146
161,053

1*7,098
15^,861

223.-U81
7.93*

223,124
7,831

1/272,520

1/273,912
1/

1/27*,691

2J

29.930
38,387

30,820
39.177

25,3*8
3&»*i7

25.199
35.277

23.13*
31,218

do...

^8,152
52.U65

58.725
58.431

1/51.231
1/59.668

rl/58,381
1/63,576

64,730
64,628

do...
do...

4,065
8,166

8.350

3.u57
10,588

3.606
10,089

3,80*
9.922

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

78.5*3
69.883
11,550

79.9*8
7l.2a
11,871

77.157
68.432
12.346

82,162
72,905
12,476

79.383
70,603
11,96*

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

96,221
8,297
6,077

90,310

f'5!J
6,176

117.020
8.331
7.253

113,164
8,438
7,418

106,068
7,973
7,031

long tons.

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

55.701
113,sis

*8.76|
128,*46

*7.859
112,916

46,128
111,875

y*7,H7i
rl03,626

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

41,207
39.20*
89,088

*1,267
3*.511
96,1*0

IBS
ll*,9**

32,335
35.267
112,739

r3§9,949
rl06,813

17

»75J
21,426
12,422
5.032

18,721
20.99*
10,149
*.5i*

17.682
17.779
22,977
7.560

18,622
19,426
22,170
7,4*0

18.279
20,667
rl9,784
r6,922

do...

8.107
7.385
8.799

7.779
7,585
8,704

Z:SS
9.763

7.663
7.811
9.37*

r8,036
*7.928
*9.270

thous. of dosea pairs.
do...
do...

12,471
11,211
23,742

10,015
10,025
23,733

11,158
11,71*
23.757

11,02*
10,898
23.882

11.786
11,205
24,46*

Stocks, end of ioath5

.do...,

25*,939
257.500
255.7X5
63,0*5

SP203.255 I
*2©6,7©5 1
rl97,108
*99,295

PSJBOUKM, COAL, A2Q PRODUCES
Bituminous coal:
Industrial consuaptloa aad retail deliveries, total
thous. of short teas.
Industrial consumption, total...
do...,
Beehive coke ovens.....
,.do...
Byproduct coke ovens. ....••.«•
.do...
Cement mills
.do...
Slectric power utilities.
do. „.
Railways (class X) .........
.do...
Steel and rolling Bills.
do...
Other industrial.................................do...
lwta.il deliveries.
.do...
Stocks, industrial and retail dealers, end of month,
total
........do...

#

58,139
55,991
8.975
l.Jft
18,551
8,388

industrial, t o t a l . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d o . . .
Byproduct coke ovens.
.do...
Cement Bills
.do...
Slectric power utilities.
.do...
Railways (class X)...............................do...
Steel and roiling Bill®..
do...
Other industrial
do...
let ail dealers, total.
do...

Crude petrolearns
Produc tion.
thous. of bbl.
Consumption (run B to s t i l l s ) . . . . . . . . . . . . . . . . .
do...
Stocks, end of month!
Gasoline-hearing in U. f •. • •
.do...
Heavy l a California
do...
Befined petroleum products!
fuel o i l s
Produc tiens
D i s t i l l a t e fuel o i l
do...
Residual fuel o i l
....do...
Stocks, end of months
D i s t i l l a t e fuel o i l . .
do...
Residual fuel oil
Lubricating oils*
Production
Stocks, refinery, end of month
Motor fuels
Production, total
Gasoline and naphtha from crude petroleum.
Hatural gasoline aad allied products
Stocks, gasoline, ead of monthi
Pinished gasoline
Unfinished gasoline
Hatural gasoline

663

1/8.155
5,170

H3fc

6,1a
71*
1/8,301
6,131

e

633

6.338
5
5.27*
r6.1*7
5.717

^ ?H

BOBBER AHD RURBSR PBDDUCSS
Hatural rubbers
Consumption...

•

Stocks, end of month
Synthetic rubbers
Production
Consumption
Stocks, end of month

...

»

3T0HJB, CULT, aft? &U&» PRODUCTS
Portland cessnt:
Production
Shipments
•
Stocks, finished, end of month
Stocks, clinker, end of month
Olase containerss
Production
Shipments
Stocks, end of month

thous. of bbl.
• .do...
do...
do..•
thous. of gross.
do...

fXXTILB PRODUCTS

Hosiery?
Production
Shipment s
Stocks, end of month
r/ Revised.

*
•

1/ See note on the corresponding item la the August 19*9 Surrey.