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August 7, 1959 


BUSINESS “ste STATISTICS 


F Business ECO 
A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS 


Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $4.00 annually, this Supplement provides selected 
weekly and monthly data subsequent to those published in the latest monthly SURVEY 








SELECTED BUSINESS INDICATORS 


index,1947-49=100 Index,1947-49= 100 
175 175 


STEEL PRODUCTION (ingots and steel for castings) Monthly Weekly | v8 
[. 
os sas 


ee a ee ee ee) me ee ee en ee a ae a ee 


1958 1959 JFMAMJJASOND 





} 


228 


Le 

















Billion Dollars Billion Dollars Billion Dollars 
35 70 5 


MANUFACTURERS’ SALES & INVENTORIES NEW CONSTRUCTION ACTIVITY 
(seasonally adjusted) (seasonally adjusted) 
y oc) | 
: y, | 


Total | 








ae al Private Residential 
\ (nonfarm) ™‘ 


Inventories * 
right scale 


a 
Book valve, end of month 


| 
| 
TUCCUECUECEEOUECERCEEUEE CEREEGGRUEEE EEE EE 


1956 1957 1958 1959 1956 1957 1958 1959 


| 
Litt pd Litt 




















Billion Dollars Index, I91IO-14=100 


60 320 
CONSUMER CREDIT OUTSTANDING PRICES RECEIVED AND , 
(short- and intermediate-term) 300 PAID BY FARMERS 








Total 


end of month / | 


Prices Paid 


| 

| 

| 

incl. interest, toxes, ond wage rotes) | 
j 

| 

| 


4 


Prices Received UWkn 
240F 2, ™ * - 


Installment Credit me ve” 
| end of month po" 
PRUead PUTER EUEUET ERT pit Seeeeeeeeeeeeune 220 Petit tipi t inert ett tit ny tipi tip aay 


1956 1957 1958 1959 1956 i957 * 1958 1959 























WEEKLY BUSINESS STATISTICS’ 































































































































































































1958 1959 
ITEM T T 
_ | 
July 26 | Aug. 2 July ti July 18 July 25 | Aug. | 
o> wee ars irs = sae ee 7 i 3 
Commodity orices, wholesale | 
AOE SORIA gaivadeecceresvivescdeces #119.2 119.4 119.4 119.5 | 119.2 
ONS, PFOCOSSOD, cccsscrcccccesesecscs #112.7 107.3 107.5 107,0 | 106.7 
All THOT ccccccccecesecsesesceseeseees al -f 128.2 128.2 26.1 128.2 
Ct ge IN eb Bl oscccspecdavessiecsctes 87.2 87.0 86.7 86.5 | 86.2 
Department store SBl@S...eseee0- TYTTITT it 114 126 118 117 | seeeweewee 
Insured unemployment, POTEL Bleavecccvcocecccccooccvose 2,635 2, 1,486 1,501 } ee e890 eSSETOSTCS 
State programs (inci. Alaska and Hawali)....ccceccceeedOsces 393 | <, 1,353 | 1,367 5 | Pee eesees _ 
Fallures, industrial and Commercidl.csecsecececsescsesnumber,,| 264 27 2357 | 242 | 245 
Finance 
Currency in circulation 4/csssssesessccccccceeeMll, Of dolla. $1,217 5 |, 066 32,112 | pe on ore 
Federal Reserve bank credit outstanding, total 4/...4.dOeeee 26,528 26,005 28,319 | 28,462 68,7 28,574 
Member bank reserve balances 4/,. ve vo sosrlOcene 3,712 18,462 18,452 18,640 6,97¢ » 702 
Excess reserves, estimated 4/,.scccccovccssecccsesesIOrees| 788 658 532 462 , 414 
Reporting member banks (of F.R,System) in leading cities:5 
Demand deposits, Ad JUSTOD,..ccccccceceseceseemil, Of dol.. 60,549 | cecocsecece 60,498 61,199 61,97 eee eeeee 
Time deposits, except Interber saheeetenacwrnecedbeess Wt Sesnesdous 30,913 | 30,882 | 30 , 837 eecceccces 
Loans and investments (adjusted), totOlsssscccesseesDOcee| socescesee | coeveccens 104,383 | 105,457 4,67 es 
o Se ernment obligetions....e.ees cceeDQccce 723 | cocccccece 30,966 | 31,502 30 , 702 eee 
mmercial and industria foans (gr ° DOsees see eee ese oe 28,441 | 28,499 | 28, 58 see eeeeeee 
Reni=setete (OGRE (OF OCE) ccccavccscaccvcecvecssec€Orse. 10,70 ooseceeses 2,217 2,25 2,2 eeeeeseces 
Bond yields, domestic rporate (Moody's) 4/...+....percent.. 4,04 4,72 | 4.7% 4,72 
Stock prices, 500 stocks (Stand, & Poor' 5 - 1941-43=210., 46,40 OL 59,59 | 59.61 60,62 
badustrlals, 425 STOCKS. .cccccccesecosescccccecsocesOOsece 49,44 | 50.26 64,56 | 64,08 64.64 65.26 
Production: 
Bituminous COO! 4/seccocceveveeseccese th f short tons.. 1,316 1,286 844 | 1,212 1,207 | seesensees 
Electric wer, by utilities,... eoemil, of kw.-hr.. 12,319 | 12,619 13,502 | 13,415 | 5,57 ececeecces 
a | A797 - _ 
Motor vehicies (cars, trucks, SN x cccccscnxereetet «s 102,271 | 79,20 150,592 154,70 | 49,33 141,62 
Petroleum (crude) and condensate 4/..eceeeeeethous. of bbi.. 6,536 6,545 6,802 6,858 6,85 oeene 
= | 
CMI co ccccatwecerneens thous, of short tons..| 1,546 1,561 2,252 | 1,097 365 545 
Percent of capacity.... pisses ceusenbeeeeneel #57.3 | #57.8 79.5 | 38.7 12.9 | 2.2 
Freight Cor lees ines, BOTSl cccdcdnecseceéooceeuves, ft cars..| 608 622 554 585 536 TePTTELE TE 
I OU ivasucncsacsysyedscivnsss0is%s+ébesiseaeeeOeees 283 | 293 307 298 | 2B4 | weeeeeeees 
— —— —— ni a | — Ss Se. — _———E fees ————— 
d/ Data do not always cover alendar weeks, 2 Tuesday prices, Includes date for following programs: R.R.; Federal employees; 
veterans; and ex-servicemen, 4/ Daily averaae, Wednesday date, Figures for member banks are on revised basis; leaders indicate data 
not available, 6/ Week beginning August 3, he Production, 332 thous, short tons; operating rate, |1.7 percent, * Monthi ndex for 
July 1958, # Based on January |, 1958, annual capacity (140,742,570 tons); not comparabie with 1959 rates which are based on Januar P 
1959, annual capacity (147,633,670 tons). 
oe ———- ~~ — —= E ss tT Se ee —————S 
1958 1959 
EM or —— 
t T 
May June March April May | June 
_— = — _ - — _— a — —E——— 
SENERAL BUSINESS INDICATORS 
Manufacturers’ sales: 
Value (unadjusted), ToTBl.,.csccccccceseseecseemil, Of Gol.. 25,426 26,122 30 , 589 30 , 885 50,675 32,021 
Durable-goods industries, total I/secesceee eeeeDO,ece 11,960 | 12,584 5,305 15,810 | 5,727 6,654 
Primary MOTB eccccccsescoee eed ane er ee 1,757 | 2,052 2,792 | 2,947 | 3,011 3,256 
FORT COTES BOTS eo cccccncesscevescessecsdcucsccass@Bacss 1,350 1,452 1,622 | 1,735 ri,7 1,814 
Machinery (including electrical) .ccsccccccccsceesdOsecs 3,77 3,967 4,595 | 4,610 r4,515 4,798 
Transportation equipment (incl, motor vehicles).,.do.... 2,675 2,637 5 49) 3 637 | r3.565 % 688 
, , ¥- 127¥/ a 
Lumber and furniture. .cccccsccccccccsscsceccscsessWenee 788 803 969 GAG r995 | 04 
Tone, CIBY, ONG GIASS..cccoccccccccerccsccesesesWreee 652 | 677 124 771 | r7e 855 
| 
Nondurable-goods industries, total | son ee | eae 13,466 13,538 15,284 15.075 | ri4.946 15. %67 
= - 79 eh 7, | ™ , 
FOOd ANd DEVETAGC..cccesecccccceccccccsesssesessedOsees 4,434 4,441 4,483 4,378 4,598 4,652 
TODBCCOs cccccccccccccccceccccccccccccccccceseses edOceee 38 | 40! 404 399 r407 454 
Textile...ses ee covccececccedOccce 930 1,006 1,243 1,217 ri,i99 | 1,294 
Paper... ee oe coccecevesesDOseee 904 2 | 1,018 1,044 | r1,026 | 1,037 
NOMICBl. cccccccsecs eovcccccceesDOseee 1,961 1,949 2,132 2,247 | r2,185 | 2,199 
Petroleum BONG COBl..secceccccccccccesescccssessesdOeees 2,630 2,628 3, 107 2,988 | r2,934 ,Ol 
RUBDDET . .ccccccccccccccccescvecscesecccsccecceseeedOsece 432 467 526 554 r524 574 
| 
Velue (adjusted), totOloccccceseqcccsovesocccceccses eos 25, 20€ 25,747 29,130 30,266 r30,742 | 31,256 
Durable-goods Industries, total I/ esccceseseceses ee 11,643 12,086 14,400 15, 166 riS,515 | 15,766 
Primary metol.cesecees cove cece eee eee 1,656 1,854 2,580 2.792 r?_ 9858 2.913 
. , » 280 , 792 2,85! } 2,913 
Fabricated MOTB .ssseeeenseeceesrerersecesssvese ea 1,331 1,397 1,605 1,684 ri,7ii 1,745 
Machinery Cincluding electrical). ccccccccccceses eee 3, 736 3,780 4,226 4,423 r4,507 | 4,552 
Transportation equipment (inci, motor -P 2,536 2,610 3,212 3,385 r3,4635 | 5,571 
Lumber and furniture. .cccccccceccceecs ase 807 822 918 995 rt,O4! I 
stone, CIBY, ANd GlaSS.essccecccccccce eee 621 645 731 756 r766 | 773 
Nondurablie-goods industries, total |/.... ee ee 13,563 13,661 14,730 15, 100 15,227 | 15,490 
FOOd ONd DEVET BGO. cccccccccccccescccccccccesecssedOsene 4,416 4,357 4,465 4,507 r4,617 | 4,589 
POMMUGD odd casekcrseessiessdsandédinieseacnneceseeibeses 53 382 416 4 r3es | 417 
TORTS, civcsssesieviees paaredecesaxesiteves 994 1,025 1,2 1,253 ri,310 | 1,314 
Paper ..se. ve a cvccsceBcees 895 903 988 1,034 ri,026 | 1,027 
: . ’ , 
CHOMICO!. ccccccccrvcccccccsecscocsccecccenccesevcsdMecee 1,875 1,899 1,979 2,090 2,089 , 144 
Petroleum ANd COBlssseccecesesececsessessesesesssdOuees 2,657 2,682 3, 04¢ 3,080 r2,994 3,072 
RUBDET oc cccccccveccenveveesoosncccccoccosccoessecsOOcees 428 445 506 543 r524 536 


data for "other 


r/ Revised, I, 
9044 ar 


Includes 


indus 








tries" not shown, 














MONTHLY BUSINESS STATISTICS — Continued 3 








1958 1959 





1TEM 
May June Merch Apri Moy June 





SENERAL BUSINESS INDICATORS - Continued 
Manufacturers' inventories, end of month: 

Book value (unadjusted), total.....scccccccceesMll, of dol, 50,862 50,278 50,626 51,053 r51,545 51,937 

Durab le-goods industries, total |/sscsccccccccceccesGQsees 29, 182 28,698 29,116 29,510 29,905 30, 169 

OF TREY MIN vicina sss cinenisuctasciesdsapendletes 4,126 3,999 4,271 4,183 r4,175 4,027 

Fair tented B08 iii ccticcicnsdandsassincsessnsadeeee 2,938 2,987 3,151 3,270 r3,376 3,492 

Machinery Cincluding electrical). ..ccccccccccccedQeces 9,771 9,542 9,279 9,434 r9,627 9,815 

Transportation equipment (incl, motor vehicies).do.... 6,716 6,579 6,908 7,034 r7,078 7, 162 

Leer 208 PWR ivcccscseccséadcenscesecsnt Beans 1,809 1,807 1,750 1,766 rt,787 1,798 

EE 1,261 1,246 1,265 1,284 ri,292 1,286 


Tone, ClOy, ON GlOSS.cccccccccccccceccccccocecs 


Ry staoes ¢ fabrication: 


Pur CRhned GS OS cccsscecnccuccesuncedlts OF Giles 7,6 7.6 7.9 8.1 8.5 8.8 
SON FW CONE ionecccnnsddestsenssutasdneceued teens 11.6 11.3 11.6 11,8 rii.8 11.7 
FERRGREE: COOTER. dceciccconssscsdencceniésasesuiebaes 10,0 9.7 9.6 9.7 9.8 9.6 





dustries, total 1/....s..emll. of dol.. 21,680 21,580 21,510 21,543 721,640 
Bisicon 4,406 4,416 4,662 4,676 r4,606 4,629 
1,861 1,785 1,951 1,905 1,854 1,770 


Nendur ab le-oa ds i 


od and beverage 


ec eccccccccccescesecsecceseeseed 





Tobacco..... WEETETTITTITITITITIT TTT TTT TTT TTT ttt 

FOxt11Oss cccccctcvsevtcscoccevesesssenscecsesenedaess 2,675 2,635 2,502 2,523 r2,55 2,548 
DOO scone cnedonacaceténeesascessanenenseuessssstlieses 1,455 1,435 1,491 1,492 r|,497 1,495 
hemicOlesessseees ssepesnserdeveapeesdiunneniinee 3,783 3,776 3,793 3,745 r3,730 3,779 

Petroleum and COBl...cccorccccccccccsccsccececesDOseee 3,343 3,348 3,187 3,232 3,312 3,372 


,05| 1,015 1,071 1,040 ri,015 992 


UBDDET . ccccccvcccccccccccecccccccscesccseseoeseeOOeces 
y stages of fabrication: 
Purchased materials....cccccsccsessseccessDdI I, Of dol.. 8.6 
COGS IN POSSE. ccccccocccoccccccccscoseccovcesGeccce 3.0 
FUREGRED QO0UB i ccc00406060000006058800600000000888Rs0be 10,1 


Book value (adjusted), Total. .ccccccccscsesee Mill, of dol,, 50,896 50,246 50,454 51,052 r51,599 52,084 
Durable-goods industries, total I/..ccccccccccseecesDOeeee 28,981 
Primary Metal cccccccccccccccccccoscccecccesccesGOeece 4,277 


Fabricated metal. ..cccccccccccccccsccccccssscesedsene 


Machinery (including electrical). cceccceccccccecdQccee 9,636 9,446 9,215 9, 346 r9,482 9,739 


Transportation equipment (inci. motor vehicies).do.... 6,721 6,595 6,854 7,031 

Lumber and furniture, .cccccccccccccscccscccecsssIOseee 1,772 1,776 1,719 1,731 ri,759 1, 766 

Stone, Clay, BAG GIOSS. cccccccccccscccscccccosceDQeeee 1,236 1,234 1,216 1,235 ri,254 1,267 
By stages of fabrication: 

Purchased mater lols..ccsccccccccccscceseedDIl, Of dol,. 7.8 7.6 8,1 8.3 8.5 8.8 

bad. 18 PROD is cecicnocsiessseeaseseseneseseelOeens 11.6 11.4 11,5 11,7 11.8 11.9 

Fintshed goods. ccccccccccccccecccecoocceccscesseOQecee 9.6 9.5 9.3 9.5 9.4 9.5 


Nondurable-goods industries, total |/..ss.eee.mil, of dol.. 21,915 21,718 21,529 21,691 
FOOd ONG DOVETEGO. cccccccccccccccccccccsosccoseeWeece 
TODECCO, ccccccccccccccccccccccccccecosecosesesceWOeces 
TEXT i lOc ccccccscccccccccccccccccccesccsseescesssIOvene 
POPE ccccccesccccoceccececcoccosoccoccceccococoeGOeees 
Chemi CO! ccccccccccccccccccccccccdeccccccccceseoeeece 
Petroleum BNd COB! ccccccccccccccccccsccccoceceseOeece 
RUDDET . we ccccccccccccccccccccesccscccccesceseeeeDOscee 

By stages of fabrication: 
Purchased materials. .ccccccccccccscccceesDil, Of dol., 
IS IM PFOCESS.cecccccccvccccccscccesscsesssesIOseee 
FINISHED QOOdS. ccccccccccccccccccsccecesecescessdOeeee 
Manufacturers’ orders: 


New orders, net (unadjusted), total.....scsseeeemil. of dol.. 25,032 26,359 31,868 30,994 r30,281 31,824 


: 11,486 12,727 16,452 15,858 ri5,t3i 16,419 


Jurable-goods industries, TotAl I/..cccccccecsccsceedOeeee d . 
Primary Metal. ..cccccccccsccccccccsesccvcccccceeessWeccee 1,738 1,872 3,035 2,671 r2,551 2,581 
Fabricated metal, .ccccccccccccsccsccsccccccscesecsedOsces 1,362 1,436 1,688 1,665 r|,668 1,756 


0 edO.eee 5,681 3,958 5,195 4,679 r4,590 5,260 
2,255 2,808 3,614 3,792 73,333 3,704 
13,632 15,416 15,136 ri5,150 15,405 


Machinery (including electricdl)..ccccccccccccecs 
Transportation equipment (incl, motor vehicies)...d0.... 


Nondurable-goods industries, total..cccccccccsesces eden, 13,546 


New orders, net (adjusted), Total.ecssccccccccccesecesDQsees 24,998 25,785 30,22 31,206 r 30,541 31, 145 





Durable-goods industries, total L/..ccccccccseccesesWeeee 11,423 12,245 15,32 15,796 15,241 15,649 
Primary MOTOl. ccccccccconccccccccsocccosccseocesseSOcees 1,671 1,952 2,68) 2,826 r2,479 2,575 
Fait (ORE MIN cc nccdcticwondsbesdeesssssaanseiadends 1,322 1,496 1,608 1,632 rt,619 1,791 
Machinery Cincluding electrical). ccccccccccccccecedOcees 3,690 3,592 4,839 4,632 r4,626 4,812 
Transportation equipment (inci, motor vehicies)...do.... 2,265 2,678 ‘3,437 3,655 r3,498 3,701 

Nondurable-goods industries, Totdl..ccccccccsceceeveIOeeee 13,575 13,540 14,906 15,410 r 15,300 15,294 


Unfilled orders, end of month (unadjusted), total....sdOcee. 46,116 46,353 50,376 50,485 r50,095 49,896 
43,543 43,686 47,244 47,292 46,696 46,46! 
,7 3% 3,558 6, 362 6,0R6 r5,626 4,951 


Durable-goods industries, total AlaweesececewrerereeIOeees 


IMArY METAl  ccccccccccccscsecscsessessesccsesesedveus 


Fabricated metal..ccccccccccccccccvecccccoccceesceIOeece 3,050 3,034 3, 382 3,312 r 3,262 3,204 
Machinery Cincluding electrical). .ccccccccccccecseIeeee 16,0935 16,084 16,785 16,654 r 16,929 17,3591 
Transportation equipment (incl, motor vehicies)...do.... 16,783 16,954 16,078 16,235 r 16,001 16,017 


Nondurable-goods industries, Total. ..cccccccseccceesWOeeee 2,575 2,667 3, 132 3,195 r3,597 3,435 


FINANCE 


Consumer credit (short- and Intermediate-term): 
Total! outstanding, end of Month, .cccccccecceceemll, Of dol,,. 42,985 43,079 44,203 44,916 45,790 46,716 


Installment credit, Total. csccccccccccccccccccecccsedOseee 32,910 33,008 33,945 34,455 35,029 35,810 
Insta! iment credit extended and repaid: 
Unadjusted: Extended, Total. .cccccccccccccccccccsssMseee 3,371 3,477 3, 786 4,022 4,053 4,452 


3,349 3,379 3,594 3,512 3,477 3,651 
3,246 3,262 3,749 3,939 4,045 3,983 
3,391 3,43) 3,516 3,602 3,531 


Repald, Total .ccccccccccsccccccvcccscccsecWeeee 
Adjusted: Extended, Totdl...ccccccccccccccvcccccesedseee 
Repeats, Cats o00008500600060000s0sececesevess 3,338 




















r/ Revised, 1/ Incltudes data for “other industries" not shown, 
9044 





MONTHLY BUSINESS STATISTICS — Continued 








1958 





1TEM 





COMMODITY PRICES 


Prices received by farmers, al! farm products,,,!1910-14=100,, 

CrOPSccccccccccccccccccccccccccccccescsccceseseceseeedOsees 
Commercial vegetables... ,sccccccsccsccsccscccsccessdeeee 
Cotte ccccccccccccccscscccccccccccvccccscceccccessIOeece 
Feed GrBinS ANd NBY.ccccccceccccesesesssseeseseseesdOeees 
FOOd GFOINScccccccccccccccccccscccceccoseeoceeoceeeWeeee 
FrultecccccccccccccccccccccccccsccccoccccscseseceseWeeee 
Ol b—bear ing CrOPS.cccccccscccccccccsccccssesccesessdeees 
Potatoes (including dry edible Deans). ...cccccccceesIOeeee 


TODECCOs ccccccccccccccsccccccccececcccecceeseceosee sees 


Livestock And PrOoduCtS..cccccccsececcccesscesesesseesdeees 
Delry ProguctSrcccccecscccccocccocceccccocccecceseseWecce 
Meat BNiMAIS.cccccccccccccccccccccccccccccscocescesDsees 
Poultry ON CggGS.ccccccccccesccsccsccsscsscescceseedOesee 
WOO! -cccccccccccccccccccccccecccccevcesccesesesseseDOsces 

Prices paid by farmers: 

All commodities And ServicesS....cccccccscccccecscsceeIOseee 
Family living [TOmS..ccccccccccccccccccccccccccseseWseee 
Production [TOMS. ccccccccccscccccccccccccccccsce cc eIOeces 

All commod., services, int., taxes, and wage rates...do.... 

Parity TatlO. ccocccecccccccccccccsccccooes 
CONSTRUCTION AND REAL ESTATE 


New construction (unadjusted), total....sceceeeemil, of dol.,. 
Private, TOPO) cccccccccccccccsecccccccoccccesccecoeeWOecee 
Residential (MOMNFAFM). .cccsecccccsccccccseccccscesedQseee 
New dwelling UNITS. .ccccccscccceccecs 
Additions and alterations, ..ccccccccceccecesecessdseee 
Nonresidential buildings, tota! !/...... 
INDUSTE BI. cccccccccccccccccccccccccccccccccsccceIOeece 
Commer ci Bl. cocccccccccccccccccccccsccsccecccesccesWOeeee 
FOrM CONSTFUCTION. cccccccccccccccccccccccccccoccceeWeece 
PubliC UTE LI Ty. ccccccccccccccccccccovcccoccccccoeseWOccce 


Public, TotOl, ceccecccccccccccecccccccccccccscocososeDOsces 
Nonresidential DUI IDINGS. ..cccccccccceccccccesesceedOeces 
Military faci (TIES, .occccecccocccvcccoccecccceseGecce 


HightOYcccocccccccococsseccccccoccoecoeccosococeesGOecss 


New construction (seasonally adjusted), Total....ccceesIOeeee 
Private, TotOlcccccccccccccccccsccccccocccccccceseceWOecce 
Residential (nonfarm). cccccccccccccccccccccccccccceGOccece 
Nonresidential buildings, total I/.ccccccceccccesceWeees 
INGUSTE Ol cccccccccccccccnccccccvcccccoesoscosesWsece 
Commercial ccocccccccccccccscccccccccccccscoceeseWOecce 

Farm CONSTFUCTION, .ccccccccccccccccccccccscccececeeIQeees 
Public utility. .ccccccccecs esovecccososesoesOOosee 


Public, TOTAl ccccccccccccccccs erccccccccccccesWoces 
Nonresidential DUT IDINGS. .ccccccccccccccscsecsesessIOnnes 
Military fact litios. ccccccccvcccccccccccccccsecceesGOscce 
HIQNWOY. coccccccccsccccccccccocccosccccecccecccccceDOcces 

Construction cost index: 
Department of Commerce, composite.....eeeeeee !947-49=100,, 


























c/ Revised, J/ Except farm and public utility. 
USCOMM-DC-9044 


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WEEKLY SUPPLEMENT 
SURVEY OF CURRENT BUSINESS