SURVEY OF CURRENT BUSINESSWEEKLY SUPPLEMENT

UNITED STATES DEPARTMENT OF COMMERCEOFFICE OF BUSINESS ECONOMICS

AvailabJeonly with subscription to the monthly magazine SURVEY OF CURRENT BUSINESS FEBRUARY 15, J952

1935-1939 « IOO300

SELECTED BUSINESS INDICATORS

BILLIONS OF KILO WATT-HOURS

250

200

150

100

STEEL PRODUCTION(Ingots and Sled for Castings)

•1950

ELECTRIC - POWER PRODUCTIONBY UTILITIES

SEASONALLY ADJUSTED, 1947-49-100160

DEPARTMENT - STORE SALES and STOCKS

i40

120

iOO

80

6.0

5,0

30

25

20

10

OCT. MOV. DEC.

(BILUONS OF DOLLARS, SEASONALLY ADJUSTED)

VALUE OF MANUFACTURERS'SALES and INVENTORIES

1949 1950 1951 1952 1949 I960

WEEKLY BUSINESS STATISTICS1I95i

201952

ITEM

GonE&odity prices, wholesales

Cotton, Middling, 15/16% 10 warkets i/..*,...«dol. per lb..Vheat, No* 2, hard winter (Kansas City) ^/«»«.diol. per bue«

Insured unemployment total thous

FinancesCurrency in circulation ,£/..«. *».»..«... .«.«* .mil. of dole.

Federal Reserve reporting member banks in leading cities:Bank debits, total-.....*. .a..**........ ....oil. of do3».

Commercial, industrial, and &gr» loans (gross) «»#do«»««

Bond yields,, domestic corporate ( Woody *«*} ^/...o....peircent.4Stock prices, 416 stocks (standard and Poor»s)«.1935-39=10Q««

Production:B^ tvo&inous coal 3/» .* .«

MONTHLY BUSINESS STATISTICS

Earlier data are available in monthly issues of the Sorveyand the 1951 Statistical Supplement

GENERAL BUSINESS INDICATORS

Manufacturers' sales and inventories - value (adjusted) s

Nondura^xLe*"*fyood*!' 'Indus*!' T** P *3 to1 t&l ••••«**•••••««.« .do • • > «

Tnvr'torips "book vplxiQ ©nd of month total •• .....dc....

Electrical jfn?v*h'i,nf*ry and ef^^ ps^nt^^^ » » » * . » • » » » • .do. »*»

Prof f^sional gjp'' sci^wtif!?** '!in.s'tTiiiQ0iii"'«?«, « • • » , » • « » « d o « o » »

COMMODITY PHICES

Prices received by farmers, all farm products. « .1910̂ 14̂ 100 « e

Prices paid by farmers;

All commodities, interest, taxes, and wage rates...*. do «..•Parity ratio (prices ree*d to prices paid by fara»rs)«.do»««.Retail price, U. S. Department of Commerces

All commodities, index ,.«« 1935-39=100..

CONSTRUCTION AMD REAL ESTATENew construction, total.. * * . « « « » * » > . . ««.«0 . sail, of dol.«

1950

December

21SQ489,8691,9261.124.1,0351,5521,578

362283719485227578

11,1793,092

54.5270

1,172826279649628

1*4681,831

A2033.25316,3592,384,1.7/.1

1,8973,6512.144,

9OT533829628518

1,13116.894,3,0061,0731 6*>02,5311,*»86

362732632

? '#&2,219

547

286258233202436339202211366m360272249

257257257265108

39S»4

2,2341,7211,003

9236?

395125140

January

22,56010,4^01,9561,1731,1221,6541,648

360297775533228683

12.1303,2%

565291

1*3141,059

329688675

1.6281,811

4.54^A 12016,877

2 3711,7911,9593,7892,2001.Q3A.

*5588526545^3

1,13617 2433.1121,1121 6132j,6621,565

613761670

o •*£•*2,191

562

.300275240234442347192324374^2^1912S6203

262260264272no

?02*4

2,0941,586

902S30

5537812̂122

IS

October

r22,50310,7001,9321,1711,0771,9781,579

5822846975342306?7

rll,8033,156

503339

1,167782?65695837

rl,5112,102r//5

7*/l./2/

r21j»8172.6642.A392,736

r4,8732,6331,%0

5521,036

829703

I* 3^3rl9,608

3^545^,2001,7663,04^1.498

6079/L27H

•̂ AA/

?^5S2r705

2%2472392194453041881712%VoO

410294247

27226S277283105

209*0

2,7091,805

94*840

92.39317883

>51

Hoxrember

r22,267rlO,753rl,957rl,188rl,090r2,095rl,627

r608P289x-618r526r232r523

r3J.,513r3,OBO

r551r290

rl,066r787r206r657r829

rl,486r2,092

470yi 1.6732-22,205r2,687r-p^A'Sls»2.768r4,99^r2,7^1r2,098

542rl,051

8JOr713

rl,379rl9«468r3,46$1,704

rl^824r2f911r3 , V*^

r594r959r7^3

_•» A'VirjJj-'.^Tr2 566

736

301267249?24424U517224930713i>387305249

274271277284106

r210*3

2,495lj.692

91581*!%

tLI15575

D&eemb&r

21,1679,9^?71,8361,101

9801,8651,625

63423556242*5238497

11,1702,994

593300

1«141746208599764

1*4041,9*51

41,95722,6682,7992,455?,8555,1362*6652,179

5?31.064

843716

1.43419*2893,3781,1941,841?,8431.425

56919OQA.

738^ f>X 72,^5

305280253233440339177351309328379314233

273r272275284107

210.8

2,2221«521

809715

SO3X)JA.769

1952

Jar.iiaiiy

300277251234431325171337303320376316200

275271278287105

2,1271*460

7206*50

5739217990

r/ Revised. I/ Except farm and public utility.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS —Continued

Earlier data are available in monthly issues of the Surreyand the 1951 Statistical Supplement

CONSTRUCTION AND REAL ESTATE - Continued

New construction - ContinuedPrivate - Continued

DOMESTIC TRADEAdvertising indexes (Printers1 Ink) total 2/»«« 1935~39fc=100. •

Department store sales, United States total:

EMPLOYMENT

labor force (Bureau of the Census )s

FINANCEFederal Reserve banks, condition, end of month:

Reserve bank credit outstanding, total* .«*.... do «»««

Federal Government finance:

ObligatloTie guaranteed by U. So (krvm'nment.......«*.*do....

Bonds:FriceatBcsaestic municipal (15 'bonds), Standard and Poorfs

Co:rporatioru«»«*..**..*o....o....dol« per $100 bond.*

rieldssDomestic municipal (15 bonds), Standard and Poor's

Stocks:Gash dividend ua'VTBent s publicly r̂ lPff ytftd • • • » * tiftj 1 . of tiol.*

Yields: Preferred, high-grade (ll stocks), Standard

Prices:

Standard and Ibor's Corporation:

Industrial \3o5 stocks ) ••.•.»••.••••.»...••••• .do. ...

Consumers' goods (182 stocks)........ ..........do....

1950

December

7124,751330216241036575

371319338372272

135110

62,53860,3086,23454,0752,229

47,17222,21620 , 77821,45847,17219,81017,6811,17223,58749*4

256,708254,283220,57533,7072,425

2422,70627,741

137«4101.53

1.772.39

2,138.7198.8

1,459.3139.139.875.391*487.447.6

3.89

84.24229.2639.5974.04

158 .4171.2164*3157.8104.4139.4

January

722295082922524956273

394347302356283

%125

61,51459,0106,01852,9932,503

47,7̂ 823,0512.1,48421,16047,73820,99618,984

93723,02648*1

256,125253,704219,71233,9922,4?!

1822,39227,048

340.5101 o 56

1.622.39

494.1105.9174.04*072.249.512.864.910.8

3.87

90.86244*4542.0682.05

168.6182.6175.2365.9108.6152.8

rOctober

108353904672891372507784

429403307341257

112108

63,45261,8367,668*54,1681,616

48,74024,42723,55221,00448,74020,86819,557

/9724,26146.5

258,298255,940220,32535,6152,359

3722,23328,417

131.398.22

2.032.61

532.9104.3911.57.382.256.113.041.73j6.8

4.19

97.82269.7346.0484.25

185.0202.3193.3171.4115.2154.7

?5>1

November

92336803692691481707473

427347317347258

134 •11?

63,16461,3367,02254,3341,828

49,04624,73423,23921,16649,04620,94519,670

49024,68046.4

259,604257,253221,39135,8622,351

4322,38228,809

131.697.52

2.072.66

224*043.5106,11.2.7

49.410.98.24.0

4.23

94.44259.6146*2279.73

177.7193.3182*6164.6Ĥ.?144.2 '

December

8130570166260149956863

435357304352253

183109

62,68861,0346,37854,6361,674

49,90025,00923,80121,46849,90021,19220,056r389

25,06446.4

259,419257,070221,16835,9022.348

4222,69529,206

130.996.85

2.102.70

1,805*0y] ?. A

1,128.9151.436.880.969.580.444.5

4.2S

%.73266.0946*7282*30

1B2.5199.1189.4167.6115*5150.5

1952

January

8026266767267140755959

p81p!07

61,78059,7266,18653,5402,054

48,94123,78322,72921,73148,94121,00420,077P599

24,40547.9

259,775257,482221,24936,2332,294

38p22,951P28.386

130.896.27

2*1Q2*74

4.26

99.39271.7148.6184.81

187.1204.3192.4169.2117.0155.4

r/ Revised. £/ Preliminary. J/ Adjusted.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS —Continued

Earlier data are available in Monthly-issues of the Surveyand the 1951 Statistical Supplement

1950

November December September October

FOODSTUFFSWheat flour:

Production:Flour....... thous. of sacks (100 lb.).. 18,433 19,588 18,795 21,055Operations, percent of capacity 78.0 86,9 88.5 88.2Offal...,.,t * ....short tons,, 378,000 391,000 377,944 456,4%

Grindings of wheat. ...thous. of bu.. 42,810 45,449 43,789 49,342

LLTMBKR AND M4NUFACTORES

Lumber (National Lumber Manufacturers Association): |Production, total. mil. of bd. ft.. 3,356 3,009 3,200 3,5UHardwoods......*,, ..*,.....do.... i 776 705 746 741Softwoods do.... 2,580 2,304 2,454 2,773

Shipments, total.,...., * . do.... 3,285 2,878 2,937 3,412Hardwoods......*.......*... ............do.... 743 651 574 ! 655'Softwoods........... * ..........do.... 2,542 2,227 2,363 i 2,757

Stocks, gross, end of month, total.. „««,,......do.... 6,645 6,763 8,132 | 8,193Hardwoods,.......,...,...,...*.., do.... 2,237 2,291 3,065 3,152Softwoods,,..,.,.,....,,....., .« do..., 4,408 4,472 5,067 5,041

PETROLEUM AND COAL PRODUCTSBituminous coal:

Industrial consumption and retail deliveries, totalthous. of short uans0, 40,033 44,875 34*855 j 38,%3

Industrial consumption, total,... , ....do.... 33*270 35,5% 29,507 j 32,471Beehive coke ovens „. ...do.... 891 980 850 971Byproduct coke ovens* ........do.... 8,006 j 8,473 8,454 8,691Cement mills........ , ,*o, c«do. 9 Wo 749 j 799 688 728Electric-power utilities; ,...» ......do.... 8,451 | 9,024- 1 8,288 9,236Railways (class I)...... .................do.... 5,329 | 5,615 j 3,902 4,252Steel and roning Bins..........................do.... 668 j 795 j 544! 625Other industrial.................................do.... 9,176 | 9,910 I 6,781 7,968

Retail deliveries.......................... *..do.... j 6,763 9,279 5,343 6,492Stocks, industrial and retail dealers* end of month9 total f

-thous, of short tons.. | 72,131 72,516 1 76,24-5 7g,019Industrial, total.......................... ..do..*. \ 69,389 70^0^ j 74*352 , 76*080

Byproduct coke ovens.., , ...do.... | 16,329 16,776 14,426 ! 14,953Cement Bins....... .......do.... 1,361 | 1,369 1,3531 1,420Electric-power utilities,..,,..,, .........do.... 27,529 j 27,121 33,098 i 34,162Railways (class I)........... ......do.... 4,513 5,105 4,245 | 4,126Steel and rolling nills......a...................do.... ! 1,005 1,012 1,U7 | 1,155Other industrial ..........................do.... 18,652 j 18,671 j 20,083 j 20,264

Retail dealers, total............. ...........do«,.. 2,742 | 2^462 1?893 j 1,939

H3LP, PAPER, AND HUNTINGWood pulp:

Production, total, all grades........thous. of short tons., 1,326 I 1,252 ; 1,317 1,470Bleached'sulphate.. ,....„. short tons.. 168,086 | 162^222 171,930 198,261Unbleached sulphate ,....,..,.... .do.... I 511,043 j 467,746 505*980 i 570,792Bleached sulphite.,.,...,.,.. ....*....,...,.do,0.. 187,622 169,696 I 136,638 j 209,922Unbleached sulphite............. .00.... 68,734 i 68,152 61,177 I 68,807Soda.*.*, ** e do d *«« 36,731 | 34,931 1 36,941 ; 395939Groundwood....... .......do,... 199,068 S 197,756 J 194,055 j 214,370Defibrated, exploded, etc........,.••,.,..,.,,...,,do..,. &6,^49 ' 84,495 I 88^000 i B5?3I9

| i I iStocks, end of month, "total, all grades.,..,.,..... *\»do..«. j 8'",?'9 , 31,974 | 110.011 j 106,227Bleached sulphata.»..*« «»«»»**.*,..,.,,,,,.0..do.,«0 14,4-* ' 10,162 J 14̂ 244 j 13-&5vUnbleached sulphate,,*,....................,«*.«»...do..., 9,*>/' I 9,708 I 12̂ 525 I L"-,-'.'"'\Bleached sulphite ..,....,.,.,...,....*.*«..,do.,«. | 18f>17 I3?53i I 27,160 | ^//vUnbleached sulphite..,...,,,.... ,...,,,v,».eo*«do..*« | n,2V* ; 12,525 j 13,054 | 13vOi;Soda.,.,.,,..,...,...... .......ordo,,.. I ^3 \ If0/f0 | 1,088 ; 1,1">Groundwood,..,, ..,*.,.....do..,, i 29, £'+2 33^043 | 37,954 | %,*'&

All paper and paperboard mills (Bureau of the Census }s j i | jPaper and paperboard production,total.thous.of short tona,. j T >,I'/5 , aFD% | 2^018 j 2.,220

Paper «....«.,«,,.* ...,,.*.«,-,c«.do«...! i *./* * - 1,037 I 1,S043 < I^'APaperboard .....o................,do.... i rl,0.(r> | %6 | 873 I '*»Building board ., ....an,..«0f>9do.,,,, | 118

RUBBER AND RUBBER PRODUCTSNatural rubber:

Consumption.,«. . .«»..„«,.»»**,»«*,««*.«.**•«.»*.long tonsStocks, end of month.,,,.. « » , , » * d c » *

Synthetic rubber?Production ,».*. , , . .««,,«•*,. ,*«.*. .do*,Consumption.,, , . . , .*,***«,,«,*«o•»*•»«... , , .****»A *e*do*,Stocks, end of month-,, , * . , . . . * . . . . « * « « , , < > * , < > * . * • « » « < . ode*«

TEXTILE PRODUCTSRayon;

Consumption:Filament yarn. 0 ,«»•«««•» »,,,,,,,,,,oo,*iail, of lb,Staple fiber ,,,,, • ,».,,,*,,,,do,,,

Stocks, producers', end of month:Filament yarn,,., , ,••• , ,•««•••, , ,