SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT

UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC C O M M E R C E

AVAILABLE ONLY WITH SUBSCRIPTION TO SURVEY OF CURRENT BUSSMfSS MARCH 4, 1949

S E L E C T E D B U S I N E S S I N D I C A T O R S

STEEL IW6GT -PRODOCTiGM (1935-39= 100)

ELECTRIC POWER PRODUCTION BY UTILITIES CBItLiONS OF KILOWATT HOURS)

WEEKLY DATA ]

1949

4,—,% / "*- 1947

L_LOJULJL_LJLL

¥ y s"~~\i *-—-"' ' \| ^— \r~\ \r

Y , . 1 CONSUMERS* PRICES

(1935 39 - 100) INDUSTRIAL PRODUCTION

(SEASONALLY ADJUSTED, 1935 - 39 = !005

MONTHLY OATS

DURABLE 0, MANUFACTURES'^, i"^""*"™****^, a* " " * * "

„«^1 1. . ^"^

^ I ^ ^ ^ ^ S r ^ ™ ^ TOTAL INDUSTRIAL •—*%£ - / ' - PRODUCTION

' NON0URA0LE \ MANUFACTURES {

U~J^o^J_ ju_ j_ iaJ , ^ j ^ ^

•*~"\.̂ ~ .̂.-.-*"~""

* - 0 > » ^ - < l ~ « - « - ^

_XU»i-i_xJ«i-J_LJ™U

»

LJL-UUU. J_^_1_LJ_>U

W E E K L Y B U S I N E S S S T A T I S T I C S 3

igus

l e b . 21 feb.. 28

19U9

J a n . 29 f e b . 5 f e b . 19 f e b . 26

Coauaodity p r i c e s , wholesa les All commodities S/........... ............... .. .19 26^100.«,

far® p r o d u c t s 2 ! / . . . . . . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . . . . d o . . . . food 2 / . . . . . . ,T . . d o . . . . A l l o t h e r 2/ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d o . . . .

28 coa iaodi t tea j / • • • • • * • . . . . . . . . . . . . . . . . . A u g u s t 1939*sl0Q. > Co t ton , m i d d l i n g , 1 5 / 1 6 " , 10 marke t s 4 / . . . . d o l . p e r l b . . Wheat, Ho. 2 , Hard Winter (Kansas C i t y ) . . . . . . . . . d o l . p e r b u . .

Department s t o r e s a l ® © . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 9 3 ^ 3 9 * 1 0 0 • • I n s u r e d uugdaploymaatj t o t a l % J . . . . . . . . . . . . . . . . . . . . . . . . . . t h o u s . .

' S t a t e p r o g r a m s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d o . . . . ¥©t@raa®9 p r o g r a m s . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - d o . . . .

f i nances Currency in circulation 4/ .......„..............ail. of dol.* federal Beserve b@nk credit, total.....................do...* Member bank reserve balance®. .......................... »do..,.

Sxcess reserves, estimated...........................do..,. federal Beserr© reporting member bank® in leading citiess

Bank debit®, total........................ all. of dol.. Kew fork Ci ty do....

©gpogits9 demand* adjusted...........................do.... Loan® and investment®, total.........................do....

U. S. Government obligations......................-do.... Commercial, industrial, end agricultural loans.. ... .do....

failures, industrial and commercial. .number.. Bond yields, domestic corporate (Moody8 s) .percent.. Stock prices, 4l6 stocks (Standard and Poor's)..1935~39»100..

Industrials, 365 stocks.......... do.... Production;

Bituminous coal 4/... thous. of short tone.. Electric power, by utilities..................mil. of kw-hr.. Motor vehicles (Wards).......,. .number.. ? et rol sua 4/ ..... thous. of bbl.. steel Jj — ....... ........1935-39^100..

Freight car loadings,; total.... .thous. of car®.. Miscellaneous. .do....;

159 -9 182.7 170.0 147.5 320-9

•321 2.43

249 1,845 1,123

670

28,056 21,782 16,750

765

20,123 7,552

47,409 6 /54 ,277

36,634 £ ' '14 ,700

107 3 .12

11.4.1 119 .1

2,150 5*254

106,426 5^34? 186.8

8O5 380

159-9 1*3-5 170 .3 1*7-5 318 .9

.32s 2 .43

248 1,800 1,098

65O

2S6G3S 21,707 16,799

964

158.8 167.9 159-2 157 .6 283.7

.329 2 .23

21s 2,373 1,705

590

27,581 22,960 20,035

921

18,006 7,15^

47*559 64,057 36,281 141591

93 3.10

113.9 119.0

21,968 9,316

47,665 6/62,852

33^11 6/15JS1

136 3.00

120.7 126.9

2, 1*4 5,252

114,880 5 e3S? 189.6

791 374

1,747 5.810

113,042 5**39 208.8

679 3J3

158 .8 l6S .9 158.6

153 .5 280.7

.327 2 .22

229 2., 45S l , 7 b 9

612

2T.5SO 22,827 1 9 , 7 H

579

22,030 9 ,203

46 ,9^5 6/62,696

33 ,268 6 /15 .318

145 3.00

120.6 126.7

1,898 5*778

98,972 •5.351 208.4

682 329

156 .9 162 .5 156.9 152-9 271 - 3

.322 2 .14

239

27/562 22 ,836 19 ,597

574

19 ,373 8,0^0

4 6 , 5 5 3 6762,170 " 33 .016 6/ '15,294

192 3 .00

116 .5 121 .9

1,907 5 ,722

105 ,088 5*330 206 .7

699 339

158.5 . 168.9 159.0 152.9 272.6

.326 2 .20

228

27,499 22,926 19,447

535

20,856 8,404

46 ,121 6 /52 ,011

32,909 6 /15 ,266

ISO 3*01

116 .1 121 .5

1,793 5.650

109,475 5*36i 206.5

697 344

158.5 169.6 160.8 152 .2 272.5

.328 2.26

27.5*43 22,847 1 9 , 4 4 i

690

6,664

3-01 115.5 120 .8

111,446

207 . I

1/ Data do not a lways cover c a l e n d a r weeks. Zj fieviged s e r i e s - See n o t e i n December 3 , 1948 i s s u e , j / Thursday p r i c e s . 4 / D a i l y a v e r -age®. 5 / For d e s c r i p t i o n see n o t e i n J u l y 1 3 , 1 9 4 6 i s s u e . 6/ Beginn ing J u l y 1948 i n d i v i d u a l l o a n i tems ' a r e r e p o r t e d g r o s s T st tfffently and fo r a J®BX ago , i n s t e a d of n e t a s formerly? t o t a l l o a n s a r e inc luded on a ne t b a s i s for a l l ye&r®, Jj ^®ek ©cding March 5 , 207*5 .

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

M O N T H L Y B U S I N E S S S T A T I S T I C S

Sarl ier data are available in monthly issues of the Surrey and the 1947 Supplement

W December

1948

January October November December

19*9

January

aSNKRAL BUSINESS INDICATORS

Industr ia l production (Federal Reserve)* Unadjusted, combined index .193[r39blOO.

Manufactures '• • d o . . . Durable manufactures « d o . . .

Iron and s teel . d o . . . Lumber and products. * d o . . .

Furni ture . d o . . . Lumber d o . . .

Machinery d o . . . Nonf errous metals and products d o . . .

Smelting and refining. d o . . . Stone, clay, and glass products . d o . . .

Clay products**. d o . . . Transportation equipment do... Automobiles (including parts) do...

Nondurable manufactures. * do... Chemicals do...

Industrial chemicals do... Leather and products do...

Leather tanning .do... Shoes. do...

Manufactured food products d o . . . Meat packing.. . d o . . . Processed f ru i t s and vegetables d o . . .

Print ing and publishing. d o . . . Rubber products . . . d o . . . Textiles and products '.".' d o . . .

Cotton consumption d o . . . Rayon deliveries • do... Wool textile production.. .do...

Minerals..* do... Fuels do... Anthracite.. do... Bituminous coal ; do... Crude petroleum. .do...

Metals do... Adjusted, combined index if d o . . .

Manufactures d o . . . Durable manufactures.. do... Lumber and products .do... Lumber • .do....

Nonf errous metals and products d o . . . Smelting and refining d o . . .

Stone, clay, and glass products . d o . . . Clay products d o . . .

Nondurable manufactures • d o . . . Chenicals d o . . . Leather and products.. do...

Leather tanni ng do... Manufactured food products do.

Meat packing do... Processed fruits and vegetables. do...

Printing and publishing do... Minerals do... Metals do...

BUSINESS POPULATION

Industrial and commercial failures: failures, total number.

Commercial service do... Construction do... Manufacturing and mini ng -do. -. Retail trade do... Wholesale trade .do...

Liabilities, total thous. of dol. Commercial service do... Construction do... Manufacturing and mining. do... Retail trade do... Wholesale trade do...

COMMODITY PRICKS

Consumers' Apparel. food

price index, a l l i t e •1935-39-100. do... .do.

fuel, electricity, and refrigeration do. Gas and electricity... do. Other fuels do.

Housefumishings do. Rent .do. Miscellaneous . d o . . .

Wholesale prices (U.3. Labor Dept.)tcombined index. 1926* 100. Economic c lasses : Manufactured products > d o . . .

Raw materials d o . . . Semimanufactured a r t i c l e s d o . . .

r / Revised, -gl Preliminary, if Indexes for which seasonal factors have been fixed at 100 are not shown: sse unadjusted' se r ies .

190 197 228 206 11*0 181 119 288 139 183 200 172 244 206 171 255-4 3 s 113 112 114 154 187 108 150 230

m 131 287 166 151 162 111 164 166

85 192 198 230 153 139 189 183 205 166

254 111+ 113 158 160 138 146 156 117

317 23 26

112 123

33 25.^99

1.232 455

20,937 1,908

967

167.0 191.2 206.9 127.8 92.6

162.0 191 .4 115.4 144.4; l6"j.2 15*-9 182.0; 156.5

I89 197 226 203 138 173 117 285 195 188 190 166 244 206 173 253 H37 120 117 122 146

175 92

144 223 179 153 300 181 149 160 112 161 I 6 5

81 193 201 229 155 * 3 195 188 202 179 178 255 120 116 158 150 141 148 154 117

356 29 23

108 153

^3 12,965

711 820

6,892 2,837 1,705

168.8 192.1 209.7 129.5 93-1

174.6 192.3 115.9 146.4 165.7 157.8 183-9

r l56.8

198 205 232 221 154 170 145 277 192 191 220 180 240 206 I83 258 446 114 109 117 173 142 198 167 205 I67 129 319 168. 161 166 118 152 176 131 195 202 230 147 135 192 191 210 171 179

255 114 108 161 141 154 164 158 112

461 52 40

112 188

P 101,060

77.709 1,135

14,160 5.917 2,139 173.6 201.6 211.5 137.8 95.4

191.4 198.8 118.7 153.7 165.2 160.2 177.0 158.4

195 201 229 223 142 169 128 277 188 176 209 179 236 200 179 257 447 104

104 161 173 130 163

122 322 162 160 167 116 155 177 116 195 201 229 145 133 187 175 203 172 178 256 103 100 159 155 142 156 161 123

460 31 37

129 208

55 24,416 1,382

955 15.933

3.456 2,690

172.2 201.4 207.5 137.9 95.4

191*6 198.7j 118.8 153-91

r l64.0| 158.7] 175-Z|

r l 6 l . 0 |

rl90 rl97 r229 r223 rl32 rl68 113

r277 rl85 183

p200 r!78 r248 r212 r l71 r258 r450

99 103 r97

rl53 181

r i l l 158

rl99 rl56

114 317 151 151 164 103 145 177 r78 192 198

r231 143 131

rl84 r l83 r205 rl73 173

r257 rlOO 103

rl57 154

rl42 154 156

r i l l

531 36 64

155 217 59

31.731 924

2.396 21,980 4,247 2,184

171*4 200.4 205.0 137*8 95.3

191.3 198.6 119.5 I54.O

rl62.3 157.5 172.1

rl60.8

Pl8.7 P195 p226 P227 p!20 P158 plOl P267 p!84 pl86 P191 pl6S P252 p215 pl69 P251 P438

P l45 P177

u90 P151 Pl93 pl62 Pl23 P316

pl46 Pl59

p88 pl45 P i n

Pl9l P196 P229 PI36 pl24 P184 pl86 p204 nl80 plTU P252

P157 Pl50 P138 pl56 P151

566 4l 53

129 267 76

19,159 1,174 1,892 8,625 4,S4l 2,627

170.9 196.5 204.8 138,2 95.5

191.8 196.5 119.7 15^.1 160.6 156.3 169.3 160.3

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

M O N T H L Y B U S I N E S S ST A T IS 11 C S —Cont inued 3

l a r l l a - r date , a r s a v a i l a b l e i n monthly i s a u a g of t h e Survey aad t h e 194f a u p p l s a t n t

• 19*7

December

194S

January October November Dec ©saber

QOmODlVt PBXCSS - Cont inued

¥&©1®®®1© p r i e e s ( 0 . 8* Labor 3«p^rt®®at) - Cont inued f a r o p r o d u e t i . . . . . . . . . . . . . . . . . . . . . . . . . . . ^ . . 1 9 2 6 * 1 0 0 .

®y&I»® d o . . LiY«afeo@k: and p o u l t r y . . . . . . . . . . . v . . . . . . . . . . . . . . . : -do* .

Cois&odlti®® ©tto,®r than f ana p r o d u c t s . . . . . . . . . . . . . . . d o . . f o o d s . - . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . i . . d © i .

G@r @al p r o d u c t s . . . . . . . . . . . . . . « . . . . . . . . . . . . . . . . . . . . d o . . Daisy p r o d u c t ® . . . . . . . . . . . . . . . . . d o . , f r u i t s , find v e g e t a b l e s . . . . . . . d o . , Mo&tc, poultry and. fish...........................do...

' Commodities other than fasm product© and foods.... .do.. Building materials.............:.,............'.. .do.. Briek, sad tils...

4 M O N T H L Y B U S I N E S S S T A T1 S T..IC-S— Continued

S u r l i e r d a t a ®*@ a v a i l a b l e i n monthly i®mm of t h e and t h e '19U7 Supplement

19^7 1948

December October

Sf fLOmiSI OGMDXTXQMS MB WAGSS - Continued

Hour® and mmlng® (U. S. Department of -Labor) - Continued AY ©rag© weekly e a r n i n g s , a i l H ^ m f a c t u r i n g . . . . . . . . d o l l a r s .

Durable good® i n d u e t r i B S . . . . . . . . . . . . . . . . . . . . . . . . . . - d o * „ . Mondurabl® good© i n d u s t r i e s . „ , . . . . . . . . . . . . » . • . „ . . . . . d o . . .

A^er&g© h o u r l y e a r n i n g * , a l l m a n u f a c t u r i n g . . . . . . . . . ; . d o . . . Dur&bl® goods I n d u s t r i e s . . « * . . . . . . . . . . . . . . . . . . . . . - . d o . . .

I r o n and s t e e l and t h e i r p r o d u c t s . . . . . . . . . . . . . . . . d o . . . E l e c t r i c a l machinery.............................do... Machinery 9 except e l e c t r i c a l . . . . . . . . . . . . . . . . . . . . . d o . . . A u t o m o b i l e s . . . . . . . . . . . . . . . . . - . » • . . . . . . . . . . . . . . . d o . . . . T r a n s p o r t a t i o n equipments, ©zcept a u t o m o b i l e s . . . . . d o . . . Nonferroue m a t a i a and p r o d u c t 0 . ». . , . . . . . . d o . . ' . Lurabsr and tisab©r b a s i c p roduc ts . , * . . . . . . • . , . . . , . . d o . *. .Furn i tu re and f i n l aaed iumbsr p r o d u c t s . . . . . . . . . . . G O . . . Stone„ c l a y , and g l a s s p r o d u c t * . . . . . . . . . . . . . . . - . . . d o * . ,

Nondurable goods i M a s