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August 30, 1957 BUSINESS 0f STATISTICS ASK? £<-°* 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, 1 9 4 1 - 4 3 = 10 I N D E X , 1 9 4 ! - 4 3 • 10 70 70 Monthly PRICES OF 425 INDUSTRIAL STOCKS Weekly (Wednesday close) 6 0 h- 1956 60 \ 50 50 \ 1957 40 40 30 h 30 2 0 tyL I I I I I I I 1 I I 1 i ) 1 > I i I < 1..J....J J. I I I I 1955 1954 I I I I I I I 1 I I I I I I I I I I I 1957 1956 i i i i » I i .i i i i^J J F M A M J J A S O N D THOUSANDS 20 THOUSANDS 1,200 250 Monthly PASSENGER CAR A N D TRUCK PRODUCTION (United States plants) 1,000 200 800h- 150 600 h H 400 h 200 I uu- I I I I 1 I I I I I 1954 I I I I I I 1 I I t » I I 1 I I 1955 I I 1 I t I t I 1 I I 1956 I I I 1 I t I I 1957 I N D E X , 1 9 4 7 - 4 9 = 100 INDEX, 1 9 4 7 - 4 9 = 1 0 0 125 | 120 CONSUMER PRICES COTTON CONSUMPTION (daily average; seas, adj.) MO 120 All Items W^TA^\ 115 100 h 110 90 Food 105 iru i i i 1 i i i i i 1 i i i i i I i i i i i I i i i i i | | • i s i I i i i t i I i i i i i 1954 1955 1956 1957 8 0 1 I I I • I | f I I I I I 1 i I I I I I I I t I 1 1 M t I I I I ! It I I I I I I i t » M l 1954 1955 1956 1957 IOO WEEKLY BUSINESS STATISTICS1 2 1956 | 8957 iifcM Aug. 18 Aug. 25 Aug. 3 Aug. 10 Aug. 24 Aug. 87 Commodity prices, wholesale: 90.9 III 1,855 1,042 •114.7 •89.1 •102.6 •822.5 90.9 120 1,137 1,052 30,688 25,254 18,593 579 50,654 25,642 19,117 655 54.697 28,897 86,058 27, 199 29,029 8,716 55,007 21,959 85,857 26,859 29,182 8,757 289 3.62 48.99 52.46 ! 90.2 104 1,287 1,185 1(8.1 95.8 106.8 825.6 90.2 8 80 8,278 8,175 118.0 92.1 106.8 825.7 88.8 118.1 95.0 106.8 125.6 89.7 8 85 Finance: Federal Reserve bank credit outstanding, tota! 3/ do.... .••••••••••••do.... Federal Reserve reporting member banks in leading cities: ±/ Time deposits, except U. S. Government. Loans and investments (adjusted), tota8 do Commercial, industrial, and agr. Joans (gross)....do.... Bond yields, domestic corporate (Moody«s) 3/m percent.. Stock prices, 500 stocks (Stand. & Poor»s) 4/...8948-43=80.. | ! 50,909 24,952 18,885 589 50,985 25,824 88,868 480 51,069 25,102 18,786 558 55,550 25,585 86,565 25,241 51,758 8,675 55,096 25,655 85,955 24,828 58,742 8,665 54,685 25,684 85,854 24,655 58,958 8,685 215 3.65 47.42 50.68 281 4.5! 47.91 58.88 265 4.54 47.05 50.82 222 4,56 45.75 49.58 1,626 18,794 120,027 7,122 1,638 11,340 88,628 7,827 1,625 12,474 140,156 6,845 8,605 82,070 857,845 6,797 1,600 12,409 157,599 6,857 2,154 #87.5 770 367 2,359 #95.8 770 37i 2,055 79.4 748 542 2,045 79.8 740 549 2,062 80.6 751 356 1 51,055 25,28 8 88,806 523 • •«.•••e e e 260 4,38 45.49 49.10 Production; JS. of short tons.. Steel 1/.. jjs£Ce;;SR@M.s •••.•••••thotis. of short tons.. .t ^ 844,975 2 101 82 e t J./ Data do not always cover calendar weeks. 2 / Tuesday prices. 3/ Daily average. 4/ Wednesday data. J5/ Week beginning August 26, 1957: Production, 2,852 thous. short tons; operating rate, 85.5 percent. • Month8y index for August 8956. # Not comparabJe with 8957 rates, which are based on higher capacity. MONTHLY BUSINESS STATISTICS 1956 8957 ITEM June July April May June July GENERAL BUSINESS INDICATORS Business incorporations: 18,952 8 8,585 do.... do.... 186.2 104.8 815.2 807.7 851.4 98.0 do.... rl2,582 r82,220 r18,269 11 686 117.0 105.5 184.8 108.7 155.2 99.5 189.5 106.5 115.8 110.5 188.7 102.0 8 89.6 806.5 8(4.6 1(0.0 822.5 105.7 120.2 106.6 116.2 180.0 126.8 806.9 8/820.8 106.5 117.4 110.5 126.9 109.5 121.4 818.7 802.8 852.5 152.0 821.8 888.7 102.8 155.2 852.7 125.2 112.4 105.1 154.5 856.9 125.5 8 82.5 104.2 154.7 137.3 125.5 112.5 104.6 155.0 157.9 125.5 112.5 104.1 155.2 858.4 8 89.9 807.6 826.8 816.7 872.6 121.8 120.1 807.7 827.7 8 87.6 872.7 822.2 125.5 HI.8 155.5 125.5 176.8 124.2 823.4 II 1.4 135.5 125.4 176.8 124.5 124.2 II 1.8 155.5 125.4 176.8 124.6 124.7 182.4 855.8 825.6 880.2 826.6 87.6 86.8 88.5 87.7 85.5 87.1 65.5 85.8 87.9 85.4 85.6 87.5 85.2 85.2 86.1 | 2/84.7 2/82.8 2/85.2 12,598 81,608 57 8 8,255 967 589 5,927 5,485 65 2,608 970 292 6,142 4,256 65 4,799 8,008 270 7,759 5,282 64 6,405 1,146 847 p12,779 p!8,648 p58 pil,564 p964 I p592 5,754 5,057 70 2,225 8,082 558 COMMODITY PRICES ,1947-49-100.. ••....••do.... Food....... Purchasing power of the do1 1ST as measured b y — FINANCE Federal Government finance: •mi 1. of dol.. £ / Revised. o/ Preliminary. J/ Index based on 1955-59*100 is 202.0. 2 / Indexes based on 1955-59*800 are as follows: Measured b y — whoiesai* prices, 44.5; consumer prices, 49,5; retail food, 42.2. MONTHLY BUSINESS STATISTICS—Continued 3 1956 1957 ITEM June July April May | June July FINANCE - Continued Federal Government finance - Continued Interest on public debt«**.**..«,.«.*-,--**--.^-.-^d©--^ $,937 602 6,334 5,542 627 4,915 5,987 604 5,383 5,944 604 5,340 p6,190 P646 P5,544 6 347 659 5,688 736,386 I75,&5 378,535 194,625 763,411 204,961 538,533 337,264 r387,502 r152,644 465,303 270,777 Securities issued: State and municipal issues (Bond Buyer): CHEMICALS AND ALLIED PRODUCTS Organic chemicals, production: 1 Creosote o>u»«ss«s»i«»»s«3«««»»»i$»s»»»««»«»thouSi OT gal.. Methanol: Natural (IOO^) 9 « ? 9 9 s e 9 e« 9 9 9 e S e e s s s s s s s s s s s # thous s of gal.. 46,410 74,232 1,731 11,363 44,480 73,797 1,271 1/5,368 i 32,738 64,305 1,570 80,4 S4 38,895 61,546 1,473 8 1,052 46,982 67,377 1,223 9,603 12,880 11,023 8,151 98,789 102,705 12,100 5,398 85,686 112,656 11,927 6,736 72,263 86,139 11,766 1 7,420 97,156 i 105, 163 J94 19,386 22,919 200 19,054 24,965 193 16,647 30,226 | 20! 16,329 31,444 1 187 S4,108 30,519 4,055 7,254 487 407 40,607 44,023 2,355 5,872 344 370 31,207 41,277 3,823 7,168 357 528 35,442 48,871 3,658 7,672 482 466 39,251 48,598 4,094 7,794 270 468 36,315 43,342 25,083 54,796 29.643 10,544 6,212 45,634 13,170 15,901 1 49,751 25,730 8,729 5,641 45,998 11,740 24,217 67,640 32,382 10,508 8,961 51,793 15,711 23,971 71,363 34,715 11,749 8,525 56,170 15,118 21,936 67,280 32,120 11,000 8,178 56,074 14,814 6,061 98,873 104,614 Synthetic plastics and resin materials, production: Cellulose acetate and mixed ester plastics: Phenolic and other tar acid resins.....»••»•••••».....do.... ELECTRIC POWER Sales to ultimate customers, total (Edison Electric Institute)....... mil. of kw.-hr.. Commercial and industrial: •r43,179 ••r42,840 45,671 45,353 •6,776 •r22,73l •380 •11,038 •955 •362 •888 •49 ••6,785 ••r23,!7l ••359 ••10,361 ••876 ••341 ••899 ••48 7,324 23,679 361 11,970 922 393 969 53 7,440 23,996 235 11,310 903 370 949 51 •r702,697 ••r695,5l5 751,690 746,672 11,099 11,391 11,133 12,023 M,473 11,661 62, 147 39,704 Revenue from sales to ultimate customers (Edison FOODSTUFFS AND TOBACCO Rice, California: 35,037 38,186 68,841 31,314 123,311 81,696 98,507 76,095 87.304 52,665 65,541 72,683 51,580 39,423 44,158 42,424 1,865.5 1,001.8 46.2 817.5 159.1 1,853.0 1,020.8 50.6 781.6 149.6 1,866.0 906.1 50.6 909.2 182.1 1,963.0 999.1 52.6 911.3 186.3 1,721.3 904.7 46.7 770.0 154.2 1,850.9 1,019.8 53.4 777.7 146.0 15,457 6,787 5,415 3,254 12,467 5,567 4,770 2,131 14,927 6,058 5,763 3,107 15,773 6,522 6,088 3,163 15,104 6,133 5,683 3,288 2,941 34*303 477,276 14,969 2,497 31,032 428,309 12,321 2,721 32,059 470,129 14,493 2,482 38,151 565,237 15,444 3,297 34,189 449,722 14,506 Stocks, rough and cleaned (cleaned basis), end Meats: Tobacco, manufactured products: Consumption (withdrawals): Cigarettes, smaII: LEATHER AND PRODUCTS Leather production: Calf and whole kip...••««••••••..««•«••....thous. of skins.. Cattle hide and side kip.•••«**...thous. of hides and kips.. 644 2,093 J 2,068 | 2,222 | 496 1,733 1,836 1,836j 744 2,114 1,959 2,369j 800 2, 162 1 2,005 2,453 ] 732 2, 124 1,814 2,148] r/ Revised. j>/ Preliminary. • Data are for April 1956. «* Data are for May I9PO. J./ incompieTej comparwi« omoum .or june raw, http://fraser.stlouisfed.org/ 10,509,000 gallons. Federal Reserve Bank of St. Louis MONTHLY BUSINESS STATISTICS — Continued 1956 STEM June 1957 May April July June July METALS AND MANUFACTURES Pig iron, product ion® 0,aee<!).9@(S,Be9(see6<9ethous« of short tons*© Aluminum shipments? Castings..••••••••••••••••••••••..••••••••••••••mi 1. of lb„ Machine tools Cmetal-cutting)? New orders (net), total,.....,.. „.....•••..•..mi 1. ©f dol.« UOmeST SC9®©a© @ ©©@@@0©(5ia 9 e @©© e e i S s 9 ©0@®aae©esa©@<99«>s®a 0 © e e aa 5nipmenTS, TOTSu««999eis«j»(«gt«is>«t«tt«et<i«9««<ii>too«. e. UOmeST 1C © 9 « « © © @ © © ® . . a . „ Q a9 @ 9 © @ « @e © @ © » « a @ ©e © e « « @ @ © e » © 9 © . © Est 1 mated backl^ e a e ,, 9 s © 9899S8«9^8<1.9O88«M^months.s 6,435 1,107 6,871 6,945 6,660 57e7 52s4 68.3 65.1 58.5 61.85 55.65 76,25 69e55 61.90 55.25 65.15 60.70 5!e30 45e70 87,80 77a65 4!a40 37a95 78.50 70.90 r43eIO r40.05 T82.95 r72s85 7Q8 7S8 5Q0 4a6 4.2 p55.85 p5Oe80 p58.50 p5ie30 p4.2 536e4 544@5 S32.9 532.5 543 J 122.2 554,8 538.4 217*3 573,0 574.3 216.0 532.0 548.5 199.6 549.2 578.8 I69e9 422.4 141,9 144,4 388.8 1 138.5 137.3 442*3 162*4 162.6 466.0 171.2 172.5 433.9 159.1 156.8 373.5 I44e4 143.1 9.6 6,692 © @ s © ® © © « © © PAPER AND PRINTING Newsprint, Canada (including Newfoundland)! Production»«,«#M#„#»,«a««a.#e,«*««.«*thous« of short t©ns0# Shipments from mi I lss« t8 MM««<><>tM««Me< 9 do 9ee « Stocks, at mills, end of month«,„#*«««*««««»*«««a*«#9do*»,a Newsprint, United Statesi Consumption by publIshers a85se8<)ae , s , S8696 »^ 6e » 89S9a9 0Clo eo<>e r » © C J y C T 8 O B S ® . « . . . . . « . . $ . s o . « . . . a . © . e e e @ ® 0 ® a . ® 9 9 @ s ® @ « e « ©€J©» . o o S H 1p m e n T S «rOm mi n S » i » « « e e t < a a e 9 o e i » « e « e e « e i « 9 i > « e « e e aCSO© © e <s Stocks, end of months ml I iS|i9 ( e l t t | t |« > ( »t ( e9«««g t «titt««9g«9ii<«e«t«i.0©. ® e o 6.4 7.7 A T puoa Isners ©©©8©©@©©®©@@©®©©»0®©©®e8o©a«®®8««®@©«i®GO®..© Sn transit to pubHsherssoe.a9S.sa9e.....e.....e....d©e.9«, 376.1 112.2 449.8 S02.5 11.0 592.6 100.9 589.7 96.5 11.9 585.6 101.8 13.2 653.4 101.5 12,567 11,988 16,130 12,158 IS,592 16,810 11,695 11,021 17,793 S2,505 12,611 17,439 12,747 12,081 17,860 12,565 12,194 17,955 809,814 547,480 807,979 672,756 649,700 637,345 20,557 !9*0!9 7,716 19,929 18,365 H,28i 19,781 18,246 9,223 19,740 18,174 9,088 19,754 18,067 9,361 AT STONE, CLAY, AND GLASS PRODUCTS Glass containers: Productiono.»»eee.80.ee«ae080e...0.«»«e*...8thous. of gross,. 5 h 8 p m e n T S e ©®a©a©©e>©OQ@©©e;i>eoaee>o9!Bc>o©©©o®©oa©ea©e©(9e>e»«Os.s ® Stocks, end of »nth ( ,e, <) ,,, ( , l , 9 «, 6M 8 98 „ 9e9e „„, OMM clo, 9 ,, TEXTILE PRODUCTS Cotton: 1/ wOnSUmpT1Q»l© «©©©©.©©©s@e«©.©©®®©©o®<s©@a©®ea®©©®©o©®® . 0 8 1 @ S $« Manufactures: Spindle activity (cotton system spindles): Active spindles, last working day, totale#as.thousands*. Consuming 100 percent cotton....................do..,. Spindle hours operated, all fibers, total•••mll# of hr.. < 20,454 18,918 11,457 458 386 451 461 454 374 10,662 7,131 80,461 8,533 8,396 8,481 5,607 3,318 3,261 2,289 5,370 3,143 3,117 2,227 8,961 5,198 5,198 3,763 8,902 5,202 5,124 3,700 8,568 4,820 4,629 3,748 7,872 4,8H 4,664 3,061 758 737 40 36 729 715 29 22 825 789 727 41 6 738 722 65 17 721 717 27 15 TRANSPORTATION EQUIPMENT Railway equipment, American Railway Car Institute: Freight cars: Passenger cars, equipment manufacturers: jp/ Revised, ja/ Preliminary. \H. 5"$1 USCOMM —DC II 7 1/ Data for June 1956 and April and July 1957 cover 5 weeks; other months, 4 weeks. "~ UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS 732. PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300