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August 2, 1957 BUSINESS °F SUSfNESS STATISTICS ^ ° A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only with subscription to the SURYEY 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, 1 9 4 7 - 4 9 = 100 INDEX, 1947-49 = 100 250 250 Monthly ELECTRIC POWER PRODUCTION Weekly 1957 (E. E. L seas. adj. index) 225 h 1956^ I 200 h- 200 175 175 150 I I UL~± I I I 1 I I i I y 150 J F M A M J J A S O N D THOUSANDS THOUSANDS 1,200 250 Monthly PASSENGER CAR A N D TRUCK PRODUCTION (United States plants) 1,000 200 800 150 600 H 100 4 0 0 h- 200 U» I I ' ' 1 »-i I ' '• S956 1955 1954 1957 INDEX, 1 9 4 7 - 4 9 = 100 INDEX, 1251 120 CONSUMER PRICES 1 9 4 7 - 4 9 = 100 FREIGHT CARLOADINGS* (seasonally adjusted) 110 120 All Items too h S!5 I 10 Food Average per working day 105 U i i i i I i i i i J I 1954 i t i i i i I i i i i i I i i i i i I i i i i i Ii i i i i 1955 S956 1957 70 JLI I I I I I I M I I I I I I I I I II I 1954 1955 1 I l I I I l I I I I 1 I I III 1 I I I I 1 1956 1957 WEEKLY BUSINESS STATISTICS1 2 1956 1957 ITEM July 21 July 6 July 28 July 13 July 20 July 27 Commodity prices, wholesale: .....1947-49=* 100.. ....do.... ............do.... do.... • •••• 90.1 94 1,384 1,283 117.7 91.5 106.4 125.4 90.2 104 1,440 1,338 118.0 92.9 107.1 125.5 90.3 101 118.0 93.4 106.6 125.5 90.0 30,632 25,393 18,744 557 31,146 25,387 18,865 346 31,313 25,792 19,308 563 31,183 25,641 19,200 515 30,999 25,456 19,189 55,774 21,870 84,905 26,264 28,657 8,627 56,114 21,893 84,515 26,050 28,623 8,651 54,307 23,560 88,204 26,310 32,310 8,649 54,750 23,568 87,581 26,020 32,186 8,645 55,167 23,608 87,090 25,642 32,070 8,657 223 3.49 49.30 52.93 274 3.52 49.44 52.96 190 4.24 48.46 52.49 256 4.23 49.05 53.15 266 4.25 48.58 52.61 1,508 11,125 135,122 7,111 1,515 11,295 132,673 7,086 1,875 11,056 87,733 6,952 1,452 11,964 134,553 6,882 1,680 12,306 139,198 6,947 377 #15.3 648 319 419 #17.0 650 321 2,009 78,5 535 283 2,015 78.7 692 325 2,030 79.3 743 336 88.8 96 1,331 1,203 *II4.0 *90.0 •102.2 *I2I.4 88.6 97 1,286 1,153 30,808 25,769 18,869 629 ••••* Finance: Federal Reserve bank credit outstanding, total 3/ do.... ..do.... Federal Reserve reporting member banks in leading cities: 4/ Time deposits, except U. S. Government.. Loans and investments (adjusted), total. do.... Commercial, industrial, and agr. loans (gross)....do.... do.... Bond yields, domestic corporate (Moody's) Stock prices, 500 stocks (Stand. & Poor's) 4/.,.1941-43*10.. do.... Production: s. of short tons.. s. of short tons.. do ! 567 228 4.28 48.61 52.65 141,523 2,033 79.4 J./ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4/ Wednesday data. 5/ Week beginning July 29, 1957: Production, 2,103 thous. short tons; operating rate, 82.2 percent. * Monthly index fo7 July 1956. # Not comparable with 1957 rates, which are based on higher capacity. MONTHLY BUSINESS STATISTICS 1956 1957 ITEM May June March April May June GENERAL BUSINESS INDICATORS Business incorporations: 13,142 11,952 11,815 12,078 11,986 11,154 1947-49*100.. do.... do.... do.... do.... do.... 115.4 104.8 II 1.0 107.5 121.5 95.5 116.2 104.8 113.2 107.7 131.4 98.0 118.9 106.8 113.2 110.7 116.1 100.6 119.3 106.5 113.8 110.5 118.7 102.0 119.6 106.5 114.6 110.0 122.5 103.7 1/120.2 106.6 116.2 110.0 126.8 106.9 do.... .do.... do.... do.... do.... 120.9 II 1.8 102.6 132.2 131.9 121.4 111,7 102.8 132.5 132.0 124.9 112.4 104.9 134.4 136.4 125.2 112.4 105.1 134.5 136.9 125.3 112.3 104.2 134.7 137.3 125.5 112.3 104.6 135.0 137.9 .do.... 119.6 108.2 127. 1 1IV. i 172.5 121.5 119.9 107s 6 126.8 116.7 172.6 121.8 122.9 M0S5 135.1 125.2 175.8 124.2 123.3 II 1.8 135.5 125.5 176.8 124.2 123.4 II 1.4 135.3 125.4 176.8 124.3 135.3 125.4 176.8 124.6 87.4 86.7 90.1 87.6 86.1 88.3 85.5 84.1 88.3 85.3 83.8 87.9 85.4 83.6 87.3 2/85.2 2/83.2 2/86.1 96.48 96.75 78.23 96.39 96.65 78.79 93,41 93.65 77.04 92.48 92.72 76.62 91.62 91.85 78.23 90.10 90.32 77.28 COMMODITY PRICES Consumer price index: do Other goods and services do.... do.... .......do.... «......*«.....*........oo.... 124.2 II 1.8 Purchasing power of the doifar as measured by—• .......do.... *-.....do.... .do.... FINANCE Bonds: Average price of a!S listed bonds (N.Y.S.E.) .3/••••doilars.. 1/ Index based on I935-39«I00 is 201.0. 2/ Indexes based on 1935-39*100 are as follows: Measured by—wholesale prices, 44.6; consumer prices, 49.8; retail food, 42.6. 5/ Includes bonds for International Bank for Reconstruction and Development not shown separately. MONTHLY BUSINESS STATISTICS — Continued 3 1956 1957 ITEM May June March April May June FINANCE - Continued Bonds - Continued Value, issues listed on New York Stock Exchange: 104,115 102,227 1,259 107,910 105,656 1,609 104,289 102,394 1,270 108,199 105,942 1,612 101,605 99,784 1,228 108,769 106,548 1,595 100,657 98,847 1,227 108,845 106,613 1,602 100,061 98,060 1,351 109,208 106,765 1,727 98,482 96,50S 1,335 109,299 106,855 1,728 do.... do.... 288.9 56.9 130.1 2.1 1,623.3 109.1 1,078.3 128.7 1,670.7 107.7 1,129.1 127.5 762.3 133.4 272.0 8.1 300.0 62.4 130.6 2.6 l,679.C 107,2 1,120.6 125."? do.... do.... do.... do.... .do.... 1.2 75.8 7.2 9.4 6.2 41.0 122.8 66.0 50.4 27.0 42.0 119.0 74.4 45.0 26.0 140.7 107.2 27.0 63.6 10.3 1.3 81.2 3.4 11.5 7.0 41.7 132.6 73. S 51.2 26.1 do.... .........mi 11ions,. 211,896 4,123 218,579 4,260 212,329 4,570 221,595 4,587 228,585 4,656 227,928 4,678 *r43,906 **r43,179 46,167 45,671 *6,893 *r22,930 *405 *ll,54l *778 *398 *9I0 *5I **6,776 **r22,73l **380 **l1,038 **955 **362 **888 **49 7,440 23,509 379 12,618 773 429 965 54 7,324 23,679 361 11,970 922 393 969 53 *r7l2,949 **r702,697 762,232 751,690 1,942.2 1,006.2 47.3 888.7 174.1 1,865.5 1,001.8 46.2 817.5 159.1 1,932.0 918.1 49.5 964.4 190.8 1,866.0 906.1 50.6 909.2 182.1 1,963.0 999.1 52.6 911.3 186.3 1,721.2 904.7 46.7 770.C 154.2 701 2,382 2,547 2,505 644 2,093 2,068 2,222 813 2,164 1,951 2,359 r744 2,114 1,959 r2,369 800 2,159 2,005 2,453 7,586 3,947 3,639 7,271 7,054 6,595 3,677 2,918 6,714 6,934 7,110 3,959 3,151 7,049 7,361 r6,524 r3,764 r2,759 r6,5l4 r7,376 p6,376 p3,849 p2,527 p6,443 p7,307 2,334 2,469 69 2,502 2,659 65 2,444 2,179 68 2,326 2,160 78 2,285 2,207 77 1,577 6,912 1,618 7,519 1,803 4,750 1,723 4,887 i 1,507 5,435 51,650 80,563 66,498 43,619 62,532 178,069 4,159 166,627 7,283 166,167 18,511 99,159 48,497 179,899 4,154 169,539 6,206 206,637 24,269 132,474 49,894 178,695 4,000 163,668 11,027 105,041 9,870 43,01! 41,160 164,877 4,716 153,207 6,954 103,585 14,232 55,323 ! 34,030 152,657 4,669 140,339 7,649 143,356 17,406 78,250 47,700 93,590 63,758 26,585 3,254 231,388 104.167 1 70,204 30,434 3,529 236,758 74.608 i 51,030 21,540 2,038 221,764 74,084 50,125 21,793 2,166 232,705 73,906 50,208 21,946 1,752 228,198 do.... do.... Stocks: Cash dividend payments publicly reported: do.... .•.do.... Public utilities: , Shares listed on New York Stock Exchange: Number of shares listed.*, ELECTRIC POWER Sales to ultimate customers, total (Edison Electric 1 nst i tute) t... Commercial and industrial: do.... ....do.... do.... Residential or domestic.................. .............GO.... ....do.... do.... do.... do Revenue from sales to ultimate customers (Edison FOODSTUFFS Meats: .do.... do.... do.... do.... LEATHER AND PRODUCTS Leather production: Cattle hide and side ktp..........thous. of hides and kips.. do METALS AND MANUFACTURES iron and steel scrap: do.... ...do.... do.... Barrels and drfums, steel, heavy types (for sale): ..•••...thousands.. ,... do.... do.... Radiators and convectors, cast iron: ,.thous. of sq. ft.. do.... 011 burners: do Stoves and ranges, domestic cooking, excluding electrical: Shipments, tota 1........ .«••«••••••••••• r numhor.. do J ..do.... I Warm-air furnaces, shipments, total ,» 9 e . 9 » » e « e e . » »0O,... do.... ......do.... I r/ Revised. j>/ Preiimfnary. 75,IZb | 46,782 65,070 46,081 73,i06 * Data are for March 19^6. ** Data are for April IV56. j / includes bonds for international Bank for MO* LY BUSINESS STATISTSCS — Continued 1957 1956 ITEM May METALS AND MANUFACTURES - Continued Foundry equipment (new), new orders, net mo, avg, shipments* 1947-49=100,e Furnaces, Industrial, new orders, nets Electric processing.........,•...•••••.,.....thous. of doie8 Fuet-ffred (except for hot rolling steel) ao6(90sees aa «,do, aae Machine tools (metal-cutting): New orders (net), total...........•••••.;...•..mi 1. of dol.. uomesT ic t t « M t e t s e ,,, 9 , ( , t , e t , e < ,,« t e , S M ,, > ( < { g t t l l 0OetM Shipments, tota1.....................................,do.... UOuieST l C , . © . , e , . e @ @ s 9 < s 9 g ) . . . 8 8 e , g S @ e @ 9 e , . e s f f l f f l Q e 9 s o e . eOOe , . , Estimated backlog,.••••'••••••••••••••••••••••••••••.months,. Vacuum cleaners? standard typeg sales bl1 fed,*,,,..thousands,e Washers, domestic^ sales bi 1 led J./...............••••••••do.... June March May Aprs 1 June 207.0 156.7 127.0 101,1 136,2 2,035 1,178 2,555 1,432 1,809 6,794 1,089 1,665 S,279 2,048 1,261 S,320 87.10 79.45 76,80 70,50 8,2 326,0 315,2 61.85 55,65 76.25 69,55 1 7,8 | 248.3 340,2 58.90 51,30 89,10 78,80 5,5 312.7 286,2 51.30 45.70 87,80 77,65 5,0 281,6 230.7 r4l.40 r37.95 r78.50 r70o9Q 4.6 p42,85 p39.85 p83905 p72.90 p4.2 207s3 282.3 1,954.4 87,8 1,069.2 229.1 268,0 106.3 194.0 1,863.9 79.5 S,026.8 219.1 256.4 102,1 180.2 ' r1,840.4 1,893.7 93.9 92,0 993.1 1,037.3 220.9 225.5 r263.6 267.2 r95.4 96.7 r!68.8 179.6 • 1,897.1 93.2 1,047.5 2SI.1 261.7 95.6 188,0 231 a 254.2 « © @ . . » s e a . PULP, PAPER, AND PRINTING Wood pulps Product 1 en, totals all grados.„e,,,,,„thous, of short tons@. Dissolving and special alpha..........,.#...........do..a. ou iT3T©@• •••.•..«•••••••-•«•••••••-•••••••«.•.•«,«».««QO,,«« bU S T 8 Te© ,,,, , , , , © . . , , . e e . © , , © © , © , , , , , •.• s e e s . © © a o a a a ® © G O , , . • Groundwood,. ee9oa,.»,..,,,«..,,,,,,«,,,,,©,.,,,., ...do..,. Defibrated or exp loded,.«,,.,,..,,., e.,,,,,, o e e e s e 8 ..do. 9 s e Soda, semichem., screenings* damaged, etc...........do....• Stocks, end of months total, all ml 1 Is.. ............. .do,,,. Pulp ml IIS.,«,,.«,,,....,..0..,«,.,.,,,.,.....,.,.,,dO»#., Paper and board mlSls,.e.,,,,,••••••••••••••••••••••do,,,. Nonpaper mi I Is,,.,,,••,.•••••••••••••..•••....•••••.do,,., All paper and board mills, productions Paper and board, total, ,., .•«••••••••••••«••••,.,•••••do,.^. Paper ,,,,«» e,e,ee....e,as0a&«,a8eeee<»ee9@ee<»0ee,e»ee G O . ... Wet-machine board.,,,•,,•••••,«••,•••,..,.,,,,..,a.,do.... .Construction paper and board••.••••••••••••••••••..•do.... Newsprint, United States: Consumption by publishers,•••••••••• ••••••••••••do.... Stocks, end of month: AT pUD 1 1 Sn©r S s .,,,......,.., ,....«,. ,,,,«,.,,...,.,, 0O« , . . in transit to publishers.•••••••••••••••••••••••••••do.,.. ••••«••••• e.g....,.. .,, ,,,,©.. ,,,,,,,,,, .,,,,,,, .. •«•••••••• .......... ....••.... 797,6 190.5 504,9 102.2 813.2 200,4 518,2 100.6 869.8 206.9 561.1 101.8 r859.8 209.2 r544.0 106.6 883,3 221.6 557.1 104.5 r2,762 r1,197 1,274 S3 r278 2,655 1,165 1,210 13 267 2,655 1,183 1,224 13 235 2,602 1,169 1,180 13 240 2,674 1,181 1,236 14 243 464.1 422.4 463,3 442.3 466.0 433.9 348.7 98.5 376.1 112.2 580,2 S07.8 592,6 100,9 589.7 96.5 585.6 101.8 12,376 11,962 15,825 12,567 11,988 16,130 12,617 11,109 17,318 11,695 11,021 17,793 12,505 12,611 17,439 12,747 12,081 S7,860 63,9 32.0 110.6 61.0 49.6 54.9 31.6 118.9 64.0 54.9 63.9 34.2 III.3 62.6 48,7 63.6 34.6 116.7 64.3 52.4 62.2 34.1 r122.7 r67.2 55,5 56,7 30.4 125.3 69.4 55.9 ©assess©©© ,•«.,•«»,• .as..,,,,, e oa e , o e , « , aaee,ee,ea ,••••••••• ,,,,»e«©®o STONE, CLAY, AND GLASS PRODUCTS Glass containers: Production. ..• ••••••••••thousv of gross., Stocks, end of month.••••••••••••••••••,•••••••.•••••••do«.«. TEXTILE PRODUCTS Rayon and acetate: Production: Fllament yarn,.........•••••••••••••••••••••••miL of lb.. Staple (IncI. tow)..... •••••••••••• do.... Stocks, producers1, end of month, total.•••••••••.«••• ,do 90ee f* I 1 a m e n T y a m , ,,,,,,, , e . o . « e , e s e e , , , s . « , , « . , , , , , , , • , G O , , s » jr/ Revised, JJ/ Preliminary. ±/ Figures beginning March 1957 exclude sales of combination washer-dryer units (Included in earlier data); sales of such types totaled 90,900 units In the first six months of 1957. IS. 3-AS UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300