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December 21, 1956

BUSINESS

°

A

STATISTICS

OOSJNESS l < - ° '

A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS
A v a i l a b l e o n l y w i t h s u b s c r i p t i o n t o t h e S U R V E Y O F C U R R E N T B U S I N E S S , a t $4.00 a n n u a l l y , t h i s S u p p l e m e n t p r o v i d e s s e l e c t e d
w e e k l y a n d m o n t h l y data s u b s e q u e n t t o t h o s e p u b l i s h e d in t h e latest m o n t h l y SURVEY

SELECTED BUSINESS INDICATORS
INDEX, 1 9 4 7 - 4 9 = 100
250

I N D E X , 1 9 4 7 - 4 9 = 100
250

225

225

200

200

175

h

175

! 50
1955

1954
INDEX, 1947-49 = 100
180

INDEX, 1947-49 = 100
130

TOTAL INDUSTRIAL PRODUCTION

WHOLESALE PRICES

(F.R.B. seas. adj. index)

160

i^LxJLLJ-JL.rU.J
J F M A M J J A S OND

1956

Commodities Other Than
Farm Products 3 Foods'^

120

—

—1

s4*""'

*.-^—'"" _

~m SS18 * • * * • «B> &

- ™ .

Balsas© 6 **

no
^^^^

S40

All Commodities JS

""^^H/ 100

-

120

90

1 0 0 . J J J L L L L L X I J J L ™UJJLI±L.LiJLX„ J J J U L J J J J J U L 1 I I I I 1 ! I I 1 J,
S954
1955
1956
1953
INDEX,1947-49=100
16-0

140

—

^s
p"\/K«

Farm Products <*^ »

y^l

J J J J j J j L U L L L aJJJJJJLLJ-LL JLJJJjJjLLLJJL
BO .1.1 LI 1.1 1.1 ILL.

INDEX, 1947-49 = 100
S20

FREIGHT CARLOADINGS*

DEPARTMENT STORE SALES & STOCKS
(seasonally adjusted)

—

V\,

(seasonally adjusted)

no
100

S20 h~
90

100

Safes

80
* Average per working day

80

UJJJJJJJJJ

1953



i i i i I i i i I I I i I I i l i l i i i I ..UJJLljJLjLJJLLL
S956
1955
1954

70 b j J J j J j L L t J Q I I I JJJlliJJJjJjJJ I I 1 IJJJJJJJ-lJjJjJJ-iJ.
1953
S954 •
1955
1956

1 50

WEEKLY BUSINESS STATISTICS1

2

1955

1956

ITEM
Dec. 10

Dec.

Nov. 24

17

Dec. !

Dec. 8

Dec. 15

Commodity prices, wholesale:

89,6
235
1,138
1,029

*lll.3
*82.9
*98.2
*II9.8
89.2
255
1,181
1,069

93.0
148
1,163
1,065

93.8
196
1,217
1,1 16

1 16.0
86.8
103.2
124.5
93.5
225

116.2
88.5
103.1
124.6
93.2

Finance:
Federal Reserve bank credit outstanding, total .3/... .do....

31,070
26,274
18,869
458

31,244
26,428
18.950
462

31,269
26,266
19,31!
691

31,355
26,374
19,375
716

31,450
26,165
19,068
'440

57,256
21,582
85,451
29,559
26,117
8,156

58,558
21,615
85,698
29,559
26,317
8,156

55,900
21,764
86,431
26,254
30,449
8,860

56,632
21,761
86,207
26,141
30,407
8,855

56,745
21,780
86,171
25,820
30,480
8,848

219
3.32
327.7
377.4

247
3.34
324.9
374.1

207
3.92
328,5
382,5

254
3.95
326.8
380.3

270
3.96
339.9
398.0

1,823
11,426
206,279
6,923

1,781
11,602
196,422
6,946

1,828
11,439
136,245
7,195

1,823
12,075
185,038
7,133

1,768
12,047
191,667
7,353

2,416
#100.1
722
371

1,421
#100.3
715
369

2,463
100.1
651
328

2,489
101.1
752
375

2,493
101.3
738
377

31,660
26,633
19,220
'609

Federal Reserve reporting member banks in leading cities:4/

Loans and investments (adjusted), total

do....

Commercial, industrial, and agr, loans (gross)...do....

Bond yields, domestic corporate (Moody's) 3/
percent..
Stock prices, 480 stocks (Stand.& Poor's) 4/..1935-39=100.,

249
3.97
337,7
395 2

Production:

Petroleum (crude) and condensate 3/

thous. of bbl..

186,316

2,522
102.4

±/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4/ Wednesday data. 15/ Week beginning December 17,
1956: Production, 2,511 thous. short tons; operating rate, 102.0 percent. £ / Data for 1956 adjusted to revised classification of class I
railroads. * Monthly index for December 1955. # Not comparable with 1956 rates which are based on higher capacity.

MONTHLY BUSINESS STATISTICS
1955

1956

ITEM
October
GENERAL BUSINESS

August

November

September

October

November

INDICATORS

Industrial production (FRB):
142
143
155
118
168
135
167
188
168

146
147
162
145
172
143
r!76
182
r!72

150
152
r!67
149
rl79
rl45
181
199
r!74

123
135
164
145

125
r!33
r!57
rl50

r!27
rl30
r!65
155

132
135
140
127
87
147

131
129
142
130
87
150

133
134
r!45
rl32
91
rl47

136
139
140
r!33
93
r!48

pl42
p!3l
p90
p 151

143
145
161
148
173
142
164
208
156

143
145
161
149
172
139
162
212
158

142
144
158
124
172
134
174
195
171

145
147
164
148
176
142
176
198
r!72

r!46
147
rl64
r!47
rl77
rl42
rl77
r20l
rl73

p!47
pl48
pi 66
p!49
p!80
p!4t
p!76
p2S3
p!74

124
130
153
145

123
124
156
145

124
129
160
148

124
126
154
146

rl22
r!22
r!57
146

pi 19
p!20
p!6l
p!43

145
148
163
149
174
139
164
216
159

do....

147
150
164
149
173
145
169
200
158
128
138
16!
154

do....
do,...
do....
do....
do....
do....

135
135
138
127
88
143

do..,.
.do,...
do,...
do....
Metal fabricating (including ordnance). >•«»,,,,do,...
.......do....

1947-49-100..
do....
do....
Metal fabricating (including ordnance). ........do,...
do....
Mach i nery
*ooo • • 9 S d o 6 e t .

do..,.

r/ Rev i sed. £ / Pre Iimi nary.
— 33 t s?



128
124
157
152

|
i
!

|
|

pl49
p!50
p!68
p!49
pl82
p!4l
p!78
P2I7
pl75
pS20
p!20
p!63
pl50
p!33

3

MONTHLY BUSINESS STATISTICS — Continued
1956

1955
ITEM
October
GENERAL BUSINESS INDICATORS - Continued
Industrial production (FRB) - Continued
•Adjusted index - Continued
Manufactures - Continued
Nondurab le manufactures.
-1947-49= 100..
Printing and pub 1ishing............. „.>......».do....
Petroleum and coal products....,
.o
do,,..
.........do,...

September

October

November

129
155
143
128
87
r!47

150
155
r!39
rl29
85
r!48

p!5!

120
125
S09
rl56
115

rl 13
rill
59 1
rl59
rll8

rl29
r!55
105
159
r!22

pl42
p!54
p!64

151
167
196
145
114

127
154
125
r!45
113

rl29
rl35
119
r 151
r 115 j

r!26
rl50
rl 17
145
115

p!54
p!43
pl48

III.6

II 1.2

114.7

rl15.6

115.9

95.2
119.1
III.3
86.8
92.9
82.4
71.8
100.2
114,8
105.0
107.4
81.6

89.9
119. 1
111.6
84.1
102.6
79.8
62.2

105.9
107.7
77.8

96.4
122.6
114.1
89.1
94.8
88.8
76.0
102.6 1
114.5
108.9
107.5
85.1

119.0
106.5
118.9
108.0
M4.2
116.9
106.1
95.3
125.4
126.8

119.4
106.6
119.5
108.6
115.0
M7.2
106.5
96.4
125.0
126.4

122.5
107.5
122.1
110.9
118.5
119.1
105.0
100.0
125.2
127.1

125.1
107.1
121.9
ill.l
118.4
119.7
105.5
100.2
125.6 1
125.2

123.6
107.7
122.6
rill.7
118.5
rl2I.O
r106.5
r99.7
522.0
125.6

124.2
108.2
122.5
111.4
117.5
121.4
106.7
99.8
121.5
123.1

do....
do....
do....

151.4
150.7
124,7
142.4
145.7
126.8
122.8
151.2
147.8
95.4
98.7
121.7

152.5
151.4
126.5
142.9
146.0
125.2
123.2
151.7
150.6
95.6
99.0
121.7

157.7
158.0
129.1
150.2
159.4
150.8
127.9
158.2
146.9
94.8
99.7
122.5

159.7
142.0
129.4
151.9
161.5
151.1
127.9
158.9
145.7
94.8
99.7
122.8

r141.1
143.2
r150.8
r152.2
161.1
151.5
r128.1
r!59.1
145.8
r95.5
99.7
125.1

143.5
145.7
155.9
152.0
162.4
151.3
127.8
139.2
146.9
95.4
99.7
123.5

..mi 1. of dol..

1,526

1,569

1,828

1,480

1,878

1,756

105.8
104.8
75.8
1.0

89,2
88.4
64.0
.8

r 103.9
r103.2
r70.5
.7

95.0
89„9
60.8
5.1

95.0
90.8
62.5
2.2

80.0
79.6
54.1
.4

1,209.0

1,179.0

r1,136.0

1,000.0

1,050.0

1,060.0

616
665
642
577
607
444

618
666
645
578
608
446

641
695
681
597
637
467

642
696
681
597
637
470

642
696
681
596
656
470

644
696
68!
595
655
470

147.7
155.4

148,0
155.4

147.9
155.4

Crude oil and natural gas« s 9 9 9 *«...,*«.. . „ s e 5 s s . d o s , 5 5
Consumer durables output (FRB):
Unadjusted index, total..................... • ee
dO. ...
Major consumer durab1es..................• .......,«do....
....
d«..__

nUTOS£»»».«««•

August

November

e.aeaee»se«ee»a.««e»ea«eeeee.......OO....

129
151
157
!23
80
143

150
150
159
125
80
147

146
157
153
162
120

159
177
212
150
117

152
168
194
r!47
114

129
154
139
128
87
150

|

pl40
p!50
p85
p!5l

p i 16

pi 13

COMMODITY PRICES
115.5

Economic sectors
Intermediate materials, supplies, and components...do....

Fruits and vegetables, fresh and dried....

i
do....
Fruits and vegetables, canned and frozen.. .........do,...
do....
Commodities other than farm products and foods

do....

.........do....
..do....

....do....
do....
.do....

do....
1ron and stee1.......................... e s e . o . . . e d O . . . .
...do....
do....
do....

Tobacco manufactures and bottled beverages

1
98.8
I 115.1

1
1

96.7
125.0
115.5
90.1
95.5
90.7
75.7
104^0 1
rll4.6
109.7
106.8
89.5

95.0
r 125.6
115.6
88.4
97.6
84.0
75.0
105.6
rl 15.3 1
110.9
106.4
85.7

94.9
125.7
116.5
87.9
104.3
87.9
68.6
103.6
115.8
113.6
106.3
82.7

CONSTRUCTION AND REAL ESTATE
Engineering construction:
New permanent nonfarm dwelling units started:
Unadjusted:

Seasonally adjusted at annual rate:
Construction cost indexes:
American Appraisal Co., T h e :
..... 1915-100..

Associated General Contractors (all Types).. .,,•••••,do....
Engineering News-Record: 5^1
,1947-49=100..

141.8
148.6 |

141.6
148.6

147.9
155.6 J

jr/ Revised. £/ Preliminary. J/ Goods to users, including raw foods and fuels. 2/ Data for August and November 1956 are for 5 weeks; other
months, 4 weeks, 3/ Data reported at the beginning of each month are shown here for the previous month.




MONTHLY BUSINESS STATISTICS — Continued

4

1956

1955
ITEM

October

November

September

August

October

November

METALS AND MANUFACTURES
Iron and steeS scraps
Production and receipts, totaI..,... O thous e of short tons.
Home scrap produced................•..... ..........do...
Purchased scrap received (net) ee ......... ..........do...
Consumption, total...
..........do...
Stocks, consumers 8 , end of month........... ..........dO...
iron ore (Lake Superior district):
Shipments from upper lake ports*osa(, ..thous of Song tons.
Steel ingots and steel for castings?
Production.... .. 8 a e s .... .. .....,
thousa of short tons®
Percent of capacity*...aees.,.
Steel products, net shipments?
Total (all grades).............,
.thous8 of short tons.
Semifinished products.................... .•••••••..do...
Structural shapes Cheavy), steel piling.. , 0 9 0 . , e o a e d o e o B
PIates
,•...o..6,do,. •
Rails and accessor ies.... .. .... . e«,«o«<i>® 0 ,.
• e .,, 8 6 0 ,do 9 9 0
Bars and tool steel, total............... , e e a 9 8 5 . „ d o e . .
Barsj Hot rolled (incl. light shapes).
Re i nfore i ng.........,.......,.,.,.. 8 ,. e ..,do S 3 8
Cold f i n i s h e d e o @ e o S e o o f f l O B 9 0 S O O O O , 0 , M 9 o-» 9 do e ,o

7,248
4,002
3,245
7,217
7,385

7,213
3,969
3,244
7,214
7,385

6,127
3,270
2,857
6,108
7,027

r6,733
r3,755
r2,978
r6,979
r6,786

p7,657
p4,160
p3,498
p7,520
p6,925

12,244

7,410

8,045

12,745

12,628

10,501
98

10,247
99

8,123
75

10,423
99

11,049
101

7,217
400
461
607
160
I, 197
814
202
171

7,248
435
470
639
.146
1,128
758
194
165

5,540
1/291
J/472
1/631
1/152
1/1,052
1/645
1/238
.1/152

7,058
367
543
747
211
1,124
756
234
125

7,931
400
600
796
215
1,262

877
361
367
2,787
788
1,312

884
339
363
2,843
834
1,318

1/857
1/339
1/544
1/2,492
1/709
1/1,100

831
342
539
2,353
705
1,046

990
348
588
2,733
840
1,21 I

650
449

636
44 S

554
374

577
442

682
491

2,569

2,684

2, 137

2,141

.long tonse
......do...

54,995
110,795

52,769
103,774

46,700
99,668

r44,179
r98,069

51,259
92,300

......do...

89,060
80,389
134,753

91,281
81,661
133,664

86,468
72,537
192,486

90,602
r69,205
r200,793

88,158
80,542
195,635

9,555
8,1 17
3,495
16,163

9,603
8,045
4,303
17,727

8,050
8,644
2,302
16,794

7,800
6,952
1,553
17,648

8,799
7,776
2,908
18,775

3,119
3,004
6,286

3,052
2,875
6,734

2,795
3,295
5,962

2,773
2,777
6,056

3,025
2,877
6,469

Pipe and tubing. s e e a S1S. eses(Be 001S. s.a.e........ 0 O o . 0 d o @ 0 e
Wire and wire products.....................•..• •. ss do...
Tin mill products (incl. black plate)..••••••••....do*..
Sheets and strip (incl. electrical), totaI.........do...
Sheets? Hot r o ! l e d , 8 8 , „ 0 9 , „ . 6 9 9 9 e 9 8 . , 8 , 8 » , 8 9 , , d o 8 . »
Cold rolled (incl. enameling)...........do. ••
Industrial trucks (electric), shipments?
Hand (motor s zed)..,.................,........,.....number.
Rider t y p e 0 o . O o e e . .••.••.••..•••^.. , 8 9 . 8 8 .., 1 , e . 8 8 8 , 8 (io 8 „
Industrial trucks and tractors (gasoline-powered),, shipment s..................... e...................... number.
RUBBER AND RUBBER PRODUCTS
Natural rubbers
Consumption.*. ................. .. • a*.,e ***<>
Stocks, end of m o n t h s ,
,„.,...«,.,».,»
Synthetic rubber?
Product ion,..%...........i................
Consumpt ion.......,.......................
Stocks, end of month......................
Tires and tubess
Pneumatic casings?
Product ione....;.............:'.
Sh i pments, tota I. .... 4>..................
Original equipment....................
Stocks, end of month......................
Inner tubes;
Product ion.....^.........................
Shi pments ............•.....;.............
Stocks, end of month..•«................
r'/

Revised.

j)/ Preliminary.

±/

•••o..do...
•e••.6dOe..

.thousands.
»»s..ados..
......do*..
© © a e.

dOa•»

••••••do...
. • .« . .dOe . .

......do...

Data f o r J u l y and August

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
W A S H I N G T O N 25, D. C.
O F F I C I A L BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




offl

10,566
100

849
250
S52

S956.

PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $30©