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August 3 1 , 1956 BUSINESS STATISTICS °rBuS!g£p* A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only vM% subscription to the SURVEY OF CURRENT BUSINESS, at $3.25 annually, this Supplement provides selected weekly and monthly data subsequent to those published in the latest monthly SURVEY SELECTED BUSINESS INDICATORS BILLION DOLLARS 95 BILLION DOLLARS TOTAL LOANS A N D INVESTMENTS 95 Wednesday data AVerage of Wednesday data (Federal Reserve Weekly Reporting Member Banks) 90 A 90 •^^—'«•*"«%* 85 "j ,/ 1956 fJf^AJ^\ 85 1955 80 75 70 -\ -\ 8 0 H 75 ^ • ^ A 1 J_ 1. .1. 1 l,_L_ \ \ 1 !. .. l 1953 1 l 1 l 1 l 1 1 1 1 . 1 1 1 1 1 1 1.1 L_l—1— 1954 i i 1 i i 1 i i I i i 1 1956 1955 • ' " I I 1J 70 J_ JFMAMJJASOND INDEX, 1 9 4 7 - 4 9 = 100 INDEX, 1 9 4 7 - 4 9 = 100 250 250 Weekly "MtMy ELECTRIC POWER PRODUCTION (by utilities) (seasonally adjusted) 225 — —\ S**^ 200 175 150 J ^ l 1 1 1 1 1 1 11 1 i 1 1 1 1 1 1 1 11 1953 1 1 1 1 1 1 1 1 L..I 1954 1956 INDEX, 1947-49 = 100 BU-jLION DOLLARS 125 50 CONSUMER PRICES H 200 -^ 175 1 . .. 1 1 1 1 1 1 1 1 1 1 1 J 1955 h~-v II I I I I I I I I I J 150 J F M A M J J A S O N D CONSUMER CREDIT OUTSTANDING (short- and intermediate-term) 120 40 Total All Items 115 110 Food * Installment Credit (end of month) 1 0 5 I J I H i I i M n i i i m 1 i i i i i I i i i i i 1 i i it 1953 1954 1955 I I llI I I I I 1956 | 0 l ^ i i i i | I i i i I I i I l I l I i i i i i 1 i i i i i I i i i i i I i i i i i I i i i i i 1953 1954 225 1955 1956 WEEKLY BUSINESS STATISTICS1 2 1956 1955 ITEM Aug. 20 Commodity prices, wholesale: A i S cofrsriRod i t i e s Farm products .... 1947-49=100.. do.... do.... do.... do.... do.... A 1 1 other do Aug. 27 Aug. 4 89.0 106 1,045 939 *l10.9 *88. 1 * 101.9 *II7.5 89.2 III 1,051 944 89.4 104 1,246 1,113 30,336 ?5,495 18,757 602 30,288 25,425 18,673 573 30,575 25,172 18,59! 485 55,360 21,567 84,210 3i,26i 23,940 8,069 55,669 21,532 84,098 30,972 24,050 9,428 216 3.29 307.4 349.5 Aug. II Aug. 1 14.2 89. 1 102.4 121.9 90.6 107 1,212 1,078 18 Aug. 25 114.5 89.0 102.8 122.2 90.9 III S 14 6 88.9 103.0 122.3 90.9 30,633 25,182 18,588 570 30,681 25,254 18,593 559 30,654 25,642 19, 1 17 655 55,556 21,904 84,609 25,978 28,734 8,671 55,428 21,913 84,402 25,824 28,727 8,678 54,697 21.897 86,051 27,199 29,029 8,716 180 3.30 311.9 355.5 282 3.55 362.9 424.9 229 3.59 363.7 426.2 289 3.62 360.2 42 i.7 1,564 10,812 159,525 6,701 1,607 10,906 149,766 6,685 1,540 11,190 131,916 7,065 1,583 M,530 127,648 7,086 1,660 11,794 120,027 7,122 2,176 #90.2 776 374 2, 186 #90.6 792 382 415 !6.9 660 320 1,415 57.5 715 344 2,154 87.5 770 367 Finance: Federal R e s e r v e bank c r e d i t o u t s t a n d i n g , total 3/....do.... do.... Federal R e s e r v e r e p o r t i n g m e m b e r b a n k s in leading cities:^/ Time deposits, except U. S. Government.. Loans and investments (adjusted), total. do Commercial, industrial, and agr. loans (gross)...do..., Failures, industrial and commercial Bond yields, domestic corporate (Moody's) 3/ percent.. Stock prices,480 stocks (Stand.& Poor's) 4/...i935-39=100.. 215 3.65 350.6 409 6 Production: >. of short tons.. • mi 1. of kw.-hr.. . of short tons.. .thous. of cars.. 88,399 2 359 95.8 ±/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. ±f Wednesday data. j>/ Week beginning August 27, 1956: Production, 2,376 thous. short tons; operating rate, 96.5 percent. _6/ Data for 1956 adjusted to revised classification of class I railroads. * Monthly index for August 1955. # Not comparable with 1956 rates which are based on higher capacity. MONTHLY BUSINESS STATISTICS 1955 1956 ITEM July June GENERAL BUSINESS Apri 1 May June July INDICATORS Farm income and marketings: Cash receipts from farming, including Government payments, . of dol.. ....do.... .:..do ....do ....do Indexes of cash receipts from marketings and CCC loans, unadjusted: A 1 1 commodities 1947-49=100.. ....do.... 2,027 2,016 727 1,289 386 633 240 2,143 2,133 940 1,193 362 566 243 1,883 1,866 578 1,288 381 622 258 2,038 2,022 627 1,395 420 676 268 83 68 95 87 87 88 77 54 95 83 58 102 85 72 95 95 66 116 102 94 108 88 44 122 93 45 129 96 64 121 914 75 114 200 446 79 861 68 102 179 423 89 985 91 153 186 463 92 1,164 94 132 245 575 118 1,105 93 163 183 551 115 1,018 87 141 165 540 85 36.667 5,259 4,702 13,888 9,564 3,254 32,543 1,502 6,289 11,865 8,605 4,282 41,871 2,900 6,967 17,142 10,772 4,090 59,901 3,619 8,877 28,450 !3,242 5,713 43.013 3,588 8,598 10,684 !2,8I2 7,331 48.689 7,442 7,488 9,005 11,945 12,809 2,091 2,077 779 1,298 41 1 617 241 Indexes of volume of farm marketings, unadjusted: do do ....do Industrial and commercial failures: Construct ion do.... ....do ....do.... ....do Liabilities (current), total Commercial service Construct i on Manufacturing and mining Wholesale trade thous . of dol.. ....do ....do do ....do CORRECTION for p. 2 of the August 2 4 , 1956 Weekly Supplement to the SURVEY: 1956, for frame residences, 270.6 (1926-29=i00). E. H. Boeckh and Associates, construction cost index, July MONTHLY BUSINESS STATISTICS —Continued 3 1956 1955 ITEM June July Apr i I June May COMMODITY PRICES 114.4 103.2 III.3 104. I 119.5 103.8 I 14.7 103.2 112. I 104.7 121.9 103.7 114.9 104.8 109.6 106.4 I 16.7 94.0 115.4 104.8 II 1.0 107.5 121.5 95.5 116.2 104.8 113.2 107.7 131.4 98.0 do... do... do... do... do... 119.7 110.7 103.8 130.4 i27.6 119.9 110.8 103.6 130.4 i27.9 120.8 I I 1.8 102.7 131.7 131.6 120.9 III.8 102.6 132.2 i3i.9 121.4 III.7 102.8 132.5 132.0 Personal care do... Reading and recreation do... Transportation ,,......,....„., . „ . , , , ... ..do... Other goods and services do... Purchasing power of the dollar as measured b y — Wholesale prices 1947-49=100. Consumer prices .do... Retail food prices do... 114.7 106.2 125.8 119.9 115. 106. 125. 120. 119.5 108.2 126.4 121.4 119.6 108.2 127.1 121.5 119.9 107.6 126.8 121.8 90.7 87.4 89.8 90. 87. 89. 88.0 87.0 91.2 87.4 86.7 90.1 87.6 86.1 88.3 Consumer price index, all items Appare I Food Dairy products Fruits and vegetables Meats, poultry, and fish 1947-49=100. do... do... do... do... ,do... Housing Gas and electricity Housefurnishings Rent Med i ca i care DOMESTIC TRADE Printers' Ink advertising index, adjusted: Comb i ned i ndex Business papers „ Magazines Newspapers Outdoor Rad i o (network) Te levi s ion (network) i85 170 144 198 148 46 299 185 163 142 186 153 48 342 198 187 155 205 172 39 337 199 184 157 201 165 36 35 S 192 181 152 183 157 38 357 11,279 10,125 57 9,921 989 311 3,089 2,765 54 1,924 877 234 5,562 4,082 59 4,461 894 147 7,107 5,050 63 5,780 1,014 251 pl2,574 pi 1,576 p57 pi 1,256 p966 p294 6,753 1,476 398 3 / 4,146 733 5,382 592 361 3,046 1,383 5,387 565 406 3,232 I, 185 5,467 561 432 3,433 1,040 p6,783 p608 p405 P 4,3I6 pi,455 do... do... do... do... 3,995 713 545 2,737 3,560 649 505 2,406 4, 188 847 512 2,829 4,543 1,014 581 2,948 4,344 915 538 2,891 do... do... do... do... 1,390.3 93.6 909.6 104.0 669.2 142.3 221.8 7.3 707.1 125.6 248.3 9.2 288.9 56.9 130.1 2.1 1,623.3 109. 1 1,078.3 i28.7 do... do... do... do... do... 40.4 112.9 62.5 38.6 28.7 127, 86. 18. 57. 7. 138.8 92.9 23.6 61.3 7.4 1.2 75.8 7.2 9.4 6.2 41.0 122.8 66.0 50.4 27.0 1947-49= i 00. do... do... do... do... do... i950-52= 100. FI NANCE Federal Government finance: Receipts, total Rece i pts, net Customs Income and employment taxes Miscellaneous internal revenue All other receipts mil. of do I. do... do... do... do... do... Expenditures, total Interest on public debt Veterans' services and benefits Major national security All other expenditures..... Life Insurance Agency Management Association: Insurance written (new paid-for insurance): Value, estimated total Group and wholesale Industrial Ord i nary Stocks: Cash dividend payments publicly reported: Total dividend payments Finance Manufacturing M i n i ng Pub Iic uti I ities; Communications Electric and gas Ra i I road Trade Mi see I laneous do... do... do... do... do... TRANSPORTATION AND COMMUNICATIONS Operations on scheduled airlines: Miles flown, revenue Express and freight ton-miles flown M a i l , ton-miles flown Passengers carr ied, revenue Passenger-miles flown, revenue 47,526 18,933 6,910 3, 121 1,765 49,180 16,967 6,305 3,070 1,760 50,204 16,702 7,216 3, 172 1,787 52,625 18,560 7,742 3,230 1,782 52,823 19,083 7, 179 3,536 2,085 t h o u s . of lb. do... do... thous. of g a i . 43,729 67,664 1,406 r 12,504 43,987 66,359 1,099 8,538 45,006 71,802 1,412 9, io'2 44 77 1 10 221 102 453 165 46,410 74,232 1,731 80,837 thous. of lb. do.. s do... do... 10,673 6,639 74,909 99,344 11,334 7.017 82,831 82,131 10,967 6,820 80,315 112,692 13 7 80 116 712 2.04 050 444 12, 100 5,398 85,686 112,656 thousands. do... do... do... millions. CHEMICALS AND ALLIED PRODUCTS Organic chemicals, production: Acetic acid (synthetic and natural) Acet i c anhydr i de Acetyl sal icy I ic acid (aspirin) Creosote oil DDT Ethy I acetate (85*) Ethylene glycol Formaldehyde (37£ HCH0) £/ Revised. £,' Preliminary. s 1/ _!/ Index based on 1935-39=100 is 195.6. 2/ Indexes based on 1935-39=100 are as follows: Measured b y 43.1. 3/ Not entirely comparable with data beginning July 1955. 47 Incomplete; Digitized forwholesale FRASER prices, 45.9; consumer prices, 51.1; retail food, see note on corresponding item in the August 1956 SURVEY. MONTHLY BUSINESS STATISTICS — Continued 4 1956 1955 ITEM June July j April May June July CHEMICALS ANO ALLIED PRODUCTS - Coni inued Organic chemicals, production - Continued Methanol: Natura I (I00#) Synthetic (I00£).... 186 I6,07l 24,85!. 181 17,463 31,582 204 19,078 28,271 199 17,814 24,507 194 19,386 22,919 3,903 7,723 4I5 333 41,994 2,283 6,271 260 313 30,288 3,606 7,376 513 429 42,807 3,481 r7,458 569 489 r41,746 4,055 7,799 487 407 40,054 do.... do.... do.... ..do.... 42,273 21,231 56,118 39,136 11,665 35,749 17,110 54,628 31,979 12,303 48,812 23,360 65,487 31,566 11,819 r50,480 23,455 63,977 31,968 11,493 44,023 24,830 54,833 29,542 10,344 >us. of animals.. do.... ...do.... do.... 611 1,641 3,713 1,205 550 1,524 3,428 1,076 604 1,545 5,252 1,129 606 1,646 4,875 1,063 596 1,679 4,326 1,084 1,728 4,199 1,168 ....mil. of lb.. do.... ....do.... do.... 1,753 952,637 52,892 747,208 144,297 1,596 878,641 47,030 670,129 128,545 1,930 945,019 53,754 931,304 182,846 1,942 1,006,233 47,254 888,730 174,120 1,865 1,001,765 46,211 817,521 159,086 1,853 1,020,823 50,57! 781,561 149,603 hous. of skins., hides and kips., 1 hous. of skins.. do.... 891 2,229 2,400 2,310 606 1,664 1,828 1,622 759 r2, 165 2,155 2,275 701 r2,364 2,544 2,360 644 2,076 2,061 2,100 of short tons.. 6,544 6,391 6,925 6,921 6,435 do.... do.... do.... 501.6 155.5 117.0 513.3 115.0 82.7 569.4 150.0 114.8 551.3 150.6 112.0 539.6 143.4 103.4 .thous. of doI.. 2,635 2,836 786 2,981 J,924 6, 182 2,035 1,178 2,555 1,432 1,089 2,726 74.55 68.35 58.80 52.95 5.0 62.20 56.80 45.20 40.25 5.4 79.30 74.00 71.80 65.00 87.10 79.45 76.80 70.50 8.2 r6l.85 r55.65 r76.25 r69.55 r7.8 p62.10 p55.45 P65.35 p60.95 p7.8 .thous. of gal.. .*..do.... Synthetic plastics and resin materials, production: Cellulose acetate and mixed ester plastics: do.... .....do.... Po 1 ystyrene •••••••••••• FOODSTUFFS L i vestock s1aughter (Federa 11y i nspected): Catt le 610 Meats: Lard LEATHER AND PRODUCTS Leather production: Goat and kid. METALS AND MANUFACTURES Steel forgings (for sale): Orders, unfilled, total Furnaces, industrial, new orders, net: Fuel-fired (except for hot rolling steel)... Machine tools (metal-cutting types): New orders (net), total .. Dome st lc • • rj Revised. do.... do.... do.... 1 1 8.4 p./ Preliminary. 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