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^W|NTOfc

December 23, 1960

BUSINESS

°

f

COSINESS "

c

STATISTICS

°'

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 t o those published in t h e latest monthly SURVEY

SELECTED BUS1MESS INDICATORS
Billion Dollars
5 30
TOTAL LOANS A N D INVESTMENTS

Billion Dollars
130
(average of Wednesday data)

(Wednesday data)

(Weekly Reporting Member Banks of Federal Reserve System)

120

HI 120

i 10

S 10

1960

100

100

90

90

80 J 4 - - i ~ J - - ^ ^ ^ ^
1957

I

1958

•

«

'

»

,J-J-J.-JLJL~X-J—L.

i

S959

Billion Dollars
450
PERSONAL INCOME

JL-JLJ

LJL_1_-JLJL

_J_J^J

J F M A M J J A S O N D

1960
index, 1957= S00
140

TOTAL INDUSTRIAL PRODUCTION *
(F. R. B. seas. adj. index)

400

(seasonally adjusted, at annual rates)

120
Total _

350
100
300
80

250

* Revised basis
200

U p j J j d O J J U - l J - L X J . J I ) UJ-JJULULLI I 1 M t M I I LLJ^U-LJOJ-.L

1957
-'

S95B

S959

60

I960

vJjSvUJL

Data for June, July, a n d August include retroactive salary payments

.1958

Index, 1947-49= 100

Index, 1947-49 = 100

160

120
WHOLESALE PRICES

xgjgjJjLL.Lia

Jjjjajjsii

1957

S959

I960

FREIGHT CARLOADINGS *
(seasonally adjusted)

140
farm Products and Foods *****

100

\A

120
All Com modifies

^

80

Farm Producfs

100
.

* * > - * .

n^°%o^

JrG

80 _l_l.l_l ! 1 M I I 1J_JJJJJJJ_LLL M i l l 1 1 1 1 J1J 1J J j J j J J L U J



6 0 JJJUJ±LLLLL
1957

W \JVj
/

1

* Average per working day
1 J I l I 1 i i i i -LLLU
i
LLI.LJL.LL JJJJ^JjLLLJJJ

1958

1959

1960

80

WEEKLY BUSINESS STATISTICS1

2

1959

I960

ITEM
Dec. 12

Dec. 19

Nov. 26

Dec. 10

Dec. 3

Dec. 17

Commodity prices, wholesale;
...1947-49=100..
do....

State programs Unci. Alaska and Hawaii)....

84.6
298
1,894
1,735
248

*II8.9
•85.4
•104.9
•128.5
83.8
318
1,857
1,701
285

119.6
90.3
108.9
127.8
83.0
172
2,424
2,223
276

119.6
89.7
109.2
127.8
83.3
231
2,514
2,311
290

119.5
89.1
109.1
127,9
82.8
296

119.5
88.6
109.2
127.9
81.8

360

351

32,601
29,153
18,797
515

32,798
29,365
18,872
443

32,532
29,542
18,755
602

32,638
29,026
19,683
1,201

32,722
28,594
18,917
701

33,038
28,778
18,957

61,837
30,193
103,980
27,995
30,034
12,596

63,446
30,230
105,330
27,783
30,423
12,651

59,224
32,377
106,925
29,011
31,702
12,530

59,762
32,483
107,328
29,312
31,749
12,524

59,967
32,593
107,389
29,407
31,540
12,504

4.85
58.97
63.45

4.88
58.97
63.44

4.65
55.80
59.17

4.66
55.54
58.87

4.67
56.02
59.38

1,556
14,167
99,466
7,123

1,595
14,150
174,662
7,139

1,278
13,500
128,460
6,992

1,221
14,368
158,733
6,984

1,259
14,604
158,235
7,152

2,732
#96.5
643
334

2,726
#96.3
615
324

1,367
48.0
471
256

1,393
48.9
523
286

1,396
49.0
518
280

Finance:
Federal Reserve bank credit outstanding, total .4/.....do....

716

Reporting member banks (of F.R.System) in leading cities; 5/
.....

do....

Loans and investments (adjusted), total...
...do....
Commercial and industrial loans (gross). ..*••••.«« uO....
do
Stock prices, 500 stocks (Stand. L Poor's) .5/...1941-43^10..

4.67
56.84
60.31

Production:
of short tons.,
nl 1. of kw.-hr..
.thous. of bbl..
of short tons..
fhous. of cars..
do

154,288
1 387
48.7

1/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Includes data for Alaska and Hawaii, and for the following programs:
State; R^R.; Federal employees; and ex-servicemen. 4/ Daily average. j>/ Wednesday data. 1/ Estimates for week beginning Dec. 19, I960:
Production, 1,335 thous. short tons; operating rate, 46.9 percent. * Monthly index for Nov. 1959. # Based on Jan. I, 1959, annual capacity
(147,633,670 tons); I960 rates are based on Jan. I, I960, annual capacity (148,570,970 tons).

MONTHLY BUSINESS STATISTICS
1959

I960

ITEM
October

November

August

September

October

November

GENERAL BUSINESS INDICATORS
NATIONAL INCOME:
SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES:
NATIONAL INCOME, TOTAL...
....bil. of dol.
Compensation of employees, total•••.•...•••••...•do...
Wages and salaries, total......................do...
Supplements to wages and salaries..............do...
Proprietors1 income, total........«>
do...
Business and professional
...do..,
Farm............*..............................do...
Rental income of persons.........................do...
Corp. profits and inventory valuation adj.,total.do.,.
Corporate profits before tax, total............do....
Corporate profits tax IiabiIity..............do...
Corporate profits after tax..................do...
Inventory valuation adjustment.
..........do...
Net interest.................••,•••••••••••••.••.do...
PERSONAL INCOME, BY SOURCE:
SEASONALLY ADJUSTED, AT ANNUAL RATES:
Total personal income..
••••••••••••••••.••do.
Wage and salary disbursements, total.
do.
Commodity-producting industries.
do.
Manufacturing only...............
do.
DI str i but i ve i ndustr ies....
.....do.
Serv Ice i ndustr ies..
•• do.
GoveVnment
.do.
Other labor income......
do.
Propr ietors * i ncome:
Business and professional......
.do.
Farm..................^.......
do.
Rental income of persons....
•••••do.
D i vidends.
.do.
Personal interest income
.........do.
Transfer payments
•••••
do.
Less personal contributions for social insurance.do.
Total nonagricultural income
do.

419.3
297.2
274.9
22.3
48.3
36.1
12.2
12.5
42.2
41.5
20.3
21.3
.7
19.1

384.3
258.6
105.6
83.5
68.8
38.5
45.7
10.4

388.7
260.8
107.0
84.5
69.1
38.8
46.0
10.5

408.2
275.1
111.5
87.7
72.9
41.6
49.0
11.2

408.8
275.0
I 11.2
87.5
72.7
41.9
49.2
11.2

r409.5
r274.8
r110.9
r87.2
r72.5
42.0
r49.4
11.3

409.5
274.4
110.1
86.5
72.6
42.2
49.5
11.3

35.0
10.1
12.5
13.8
24.2
27.4
7.9
370.3

35.1
11.2
12.5
13.8
24.5
28.2
7.9
373.5

36.1
12.2
12.5
14.0
27.4
29.1
9.4
391.8

36.1
12.2
12.5
14.0
27.5
29.7
9.3
392.4

r36,
r!2,
12.
r!4,
27.
30.
9.
r393,

36.0
12.4
12.5
14.1
27.6
30.4
9.2
393.0

-/ Revised. • Data are for 3d quarter 1959. ** Data are for 2d quarter I960.




••419.4
••295.0
••273.1
••21
••48
••36
••12
••12
••45
••45.7
••22.3
••23.4
••-.4
••18.5

*399.4
•279.5
•259.7
•19.8
•46.1
*35.0
•II.I
•12.4
•44.9
•45.3
•22.3
•22.9
•-.4
•16.5

MONTHLY BUSINESS STATISTICS —Continued
1959

3
i960

ITEM
October

November

September

August

October

GENERAL BUSINESS INDICATORS - Continued
FARM INCOME AND MARKETINGS:
Cash receipts from farming, Including Government payments,
total.....,.,,.,,....,.,.••..
••••••..mil. of do I
Farm marketings and CCC loans, total...
.......do..
Crops........ •••••*•••••
••••....••....
do..
Livestock and products, total....,
.....do..
Dairy products•••.••••
,,.
..do..
Meat animals.
•••••••..
•••.••••• do..
Poultry and eggs................................do..
Indexes of cash receipts from marketings and CCC loans: \J
All commodities......
1947-49=100
Crops. ••••••••••.,•••
.do..
Livestock and products........,,,..
,,,do..
Indexes of volume of farm marketings: J/
A11 commodities....
do..,
Crops.
•••...•••....•
do..,
Livestock and products.....
...............do..,
INDUSTRIAL PRODUCTION (F.R. INDEX OF PHYSICAL VOLUME):
SEASONALLY ADJUSTED, TOTAL INDEX (INCL. UTIL.).... 1957=100,
BY INDUSTRY:
MANUFACTURING, TOTAL
do..,
Durabie manufactures.
.do..,
Primary metaIs................................do..,
Fabricated metal products
..............do.,,
Mach i nery
•••••.•••••.••••••••.••• do..,

4,048
3,898
2,099
1,799
390
1,120
273

3,669
3,528
1,928
1,600
375
944
268

3,023
2,991
1,413
1,578
384
911
268

3,390
3,368
1,730
1,638
378
955
290

4,300
4,000
2,170
1,830

160
196
132

145
180
117

123
132
116

138
161
120

164
202
134

187
228
156

169
204
144

143
149
138

157
177
142

189
233
155

394
1,077
335

102

103

108

107

107

102
96
44
99
107

102
96
79
95
104

rl08
104
83
108
107

107
102
80
106

106
rIOi
r78
r!06

r!05

103

98
118
III
III
116

79
119
110
112

rlOl
122
112
102
121

III
III
122
104
114
107

III
III
125
104
109
108

115
rill
127
103
112
113

rl 13
r|07

117
106
115
106
114

117
105
113
107
III

124
112
115
109
114

r!2l
rill
111
rl 10
1 14

91
76
99
42
117
118

96
87
100
68
118
118

98
80
100
96
126
126

96
77
r99
r92

109
112
114
111
103
97
88
107

106
109
100
112
101
100
93
108

lit
115
115
115
103
105
100
111

rl 10

114
103
104
99
109

r!09

119.1

118.9

119.2

119.2

NI9.6

94.4
127.1
120.5

93.6
127.3
120.0

92.7
126.8
121.5

92.9
126.8
121.5

r93.3

Farm products........
•
do..,
Fruits and vegetables, fresh and dried
....do..,
Grains
•
do..,
Livestock and live poultry
..do..,
Foods, processed
••••..
do..,
Cereal and bakery products....
........do..,
Dairy products and Ice creams
a s s e o e < s do a e ,
Fruits and vegetables, canned and frozen..........do..,
Meats, poultry, and fish.........
do..,

86.5
102.2
75.7
78.5
106.4
120.4
116.7
107.4
95. i

85.4
103.2
76.5

87.7
104.7
74.9

90.8

86.6
98.7
74.3
80.7
107.8
122.0
118.0
106.8
96.8

79.0
108.1
122.4
120.5
107.9
96.0

r89.5
r109.2
73.5
80.7
109.0
123.1
121.3
rl09.I
97.8

Commodities other than farm prod, and food..
do..,
Chemicals and allied products.••••...
do.,,
Fuel, power, and lighting materials......
..do..,
Furniture, other household durables.
.......do..,
Hides, skins, and leather products
...........do..,

128.4
110.0
111.4
123.3
116.2

128.5
110.0
111.2
123.3
Ml.7

128.2
110.5
115.3
122.9
108.7

127.9
110.4
I 16. I
122.8
108.1

r128.0
rll0.3
rl!6.2
rl22.7
r108.5

Transportation equipment.••••••••••••••••••••.do..,
Instruments and related products
....do..,
Clay, glass, and stone products...............do..,
Lumber and products...........................do..,
Furniture and fixtures..........
.do..,
Nondurab Ie manufactures.
Textile mill products
AppareI products.
Leather and products..............
Paper and products.......
Printing and publishing....

do..,
.........do..,
„. .do..,
do..,
..do..,
do..,

Chemicals and products
...................do..,
Petro I eum products
..,.
do..,
Rubber and plastics products..................do..,
Foods and beverages....
do..,
Tobacco products
..do..,
MINING.....
......do..,
Coa I.....
...do..,
Crude oil and natural gas......
..do..,
Metal mining.•••...••...
••.....•••.......do..,
UTILITIES
.....do..,
Electric........
............do..,
BY MARKET GROUPING:
FINAL PRODUCTS, TOTAL.
..do..,
Consumer goods•••...»•••.
••
do..,
Automotive and home goods
.....do..,
Apparel and staples......
•••••
do.,,
Equipment, including defense
.......do..,
MATERIALS
do..,
Durable goods materials....
................dd..,
Nondurab ie mater ia I s.
••••• • .do. •,

102

104

rl 18
r!09
rl03

rl 18
r!09

118

122
97
112
rl 12

rl27

100
117
113
104
122
112
113
121
ri09

110
96
80
r98
86
126

127
114
rl 14

rl 10
ri 14

115
U4
103
103
r97

COMMODITY PRICES
WHOLESALE PRICE INDEX:
ALL COMMODITIES
1947-49=100,
By stage of processing:
Crude materials for further processing
do..,
Intermediate materials, supplies, and components..do..,
Finished goods••••••••••••••••••••••••••••••••••••do.,

jr/ Revised,

p/ Preliminary. J/ Unadjusted index.

Digitized for 9197
FRASER


75.3
104.9
120.4
117.7
106.4

126.6
r122.4

MONTHLY BUSINESS STATISTICS — Continued

4

1959

STEM

T o t a I8(»8ise0«6«89»ts»0»6»0

November

October

COMMODITY PRICES - Continued
iholesaSe price Index - continued
Commodity other than farm prode and foods - cont®
Lumber and wood products Offiffleoo@0 GO®©OGQOOGC1947-49=100 eo
Machinery and motive products....ooooo,000•eo,o.oodOoo,o
Metals and metal products
.„. 0 „o..o.,c
doosoo
Nonmetaiilc minora Is, structural o ^ o . ^ e o o o ^ o o ^ J o o o , ,
Pulp j, paper j, and allied products, ooeoo.oa 0000,00, ado, 0<>o
Rubber and products a 8 e „ e » 9 9 6 » < ) e 8 o a i s s »^« 1 0 o»ooeo 6 9 do S 9 a o
Textile products and apparel 6 „ s9s6 o ll ...,..oo.o., 8 d0a 0 ,o
Tobacco manufactures and bottled beverages e a a o o s o s do o o e o
flNANCE
AGRICULTURAL LOANS AND DISCOUNTS OUTSTANDING OF AGENCIES
SUPERVISED BY THE FARM CREDIT ADM a :
6 » « 0 8 09(ll)»l>«llo««(18«lllil5

Of

d O 10 0

a a s s

,

e e i 8 e

seoo

0 0

oseooooooooooooooo

0

o

S

o<»

s o

s

dO

e

o. «

Public utilitles:
Commu nlcatfons 6S o<, ee o«, aeee o 0see o» eeeoee o S « effl do*.,,
Electric and gas.,.
do..,,
Ha!

SrOad

T t a d ®

o e

Bo».QOOoo<»oo,0oooeooo<»0.OQOoooooe89,d00'ooo

s o

, o

e

® e

0

® 4

3

® o e

B

a o O Q G 0

0 0 a

o o ® D O

Q

c , B < i ,

o a a a a

o o c

!

! > « d O

B O O < !

,

Dividend rates, prices, and yields, coiwnon
stocks (Moody § s):
Dividends per share,annual rateC200 stocks)„*do 1Sarss5
Industrial C125 stocks)..............,.••..•..do....
Public utility C24 stocks),.•••••....•••••••••do.,..
Railroad C25 stocks).•,.,...................,.do,...
Banks CI5 stocks)•••••••••,,.,,..,,.........,.do....
Insurance CIO stocks)............ S080B@ ,••••••do....

August

October

September

November

I26e2
15307
154.5
137.5
S3205
r!4S,9
95e9
131.7

I2403
I5306
155.8
137.7
132,3
r144.4
9603
131.7

119.6
I53e2
S5306
137.8
I33e0
S45.3
96. 1
132.0

SS807
M5I.3
I53G5
138,0
133.0
144,9
95e9
132.0

rS1707
r152,8
152.8
r138.1
r133,4
144.7
95e8
132.0

S S6e6
153.0
152.4
137.9
133.1
143.6
95e5
132.0

4,487

4,462
2,345
642

4,87 S
2,5S5
562

4,870
2,528
589

4,837
2,538
638

4,787
2,548
652

60,1
33,6
25.3

65,5
36.7
26.6

68,5
35,8
26s0

60.0
p34.9
p25s5

390.6
105.9
155,5
2,8

37-1.5
78,7
137.1
390

1,965.5
169.5
S,264.9
106,6

921.5
175,6
330.1
I0e9

387,6
104.5
S36.0
2.9

200,2
108.2
20.2
61,5

1,7
100,6
3.6 t
I2a5

1.8
112.2
4.2
2590

"94.6
180,3
62,3
56.5

202.3
113. 1
20e0
57e8

2.1
109.6

5a45
5.85
2,63
3,48
3,82
4,33

5.56
6.01 1
2.64
3.48
3,82
4,33

5.58
6.03
2.68
3,56
3.96
4.85

5,57
6,02
2.69
3*56
3.96
4.85

5.58
6.04
2.69
3.47
3.96
4.85

5.57
6,00
2.71
3.46
4.00
5.01

149.53
165.61
70.25
57.56

149.30
164.91
70.27
57,68

154.57
169.92
72.24
60.39

3.74
3.66
3.83
6.02
4.02
5,07

3.60
3.53
3.75
5.73
3.93
2.97

Farm mortgage loans? Federal Sand banks..........do..,.
2,333
6S6
Loans to cooperat!ves........oo,,«,o«»«,,..*,oo,.«do..,0
TURNOVER OF DEHAND DEPOSITS EXCEPT INTERBANK AND U e S a
GOVERNNENT^ ANNUAL RATE, SEASONALLY ADJUSTED?
6GBf
New York Clty s s s e . s a S 3 3 ..,.« s ratfo of debits to deposits,,,
32.8
6 other centersa.,..,.,.............,,,,,.,..,,,.,».do®0«»
24a7
337 other reporting centers„ o o e i ) e o e < J o S 0 0 6 0 e o 6 e 9 ( i ( ) 0 0 clo 8 C o C
SECURITY MARKETSj
STOCKS s
CASH DIVIDEND PAYMENTS PUBLICLY REPORTED?
878.5
TOTAL DIVIDEND PAYMENTS®®,,0*...,..«»,,..ml I. of doS 00
F f nance. ...•...•,> o •»•« o«e«,» o •«>••... o ..„ •••«.• e • do,,.. 165,2
305.3
Manuf actur I n g ^ o . o o o ^ ^ a o ^ , , ^ , . . . ^ . . , . ^ ^ „do,,..
NSning

I960

8*8

Price per share, end-of month C200 stocks) @ s s s e o do, B O O
Industrial CI25 stocks)... e ,,.,,,«, e... ^ a,. s,,,, do,BOe
Public utility C24 stocks),.« oos ....,..... 80ss do.,. s
Railroad C25 stocks).••••••.....•••••••••••.••do,,,.

162,37
186,60
65.51
70,24

164,47
189,96
65.38
68.39

S59,22
176,68
73.59
62,28

Yield (200 stocks), ©. 0® •, ,.,,,, »,.••,••«09a>fflS per cent,.
Industrial CS25 stocks).,..•••••.•••••••••••••do....
Public utility (24 stocks). 0 „.*„ B „*. Qa . e .« as9 .do.®„ e
Railroad (25 stocks) e e e e a e e . # < 9 @ . 9 a a a 9 S 8 .. e o 8 a .do,,...
Banks (15 stocks)..,.. e8 , @ .„ ae ., a .,,«,,., 6 ....do....
Insurance (10 stocks)..,,, E ,.,,.., eae9ee . saee .do. effle

3,36
3,14
4*01
4.95
3.70
3,03

3.38
3.16
4,04
5.09
3,57
2,83

3.50
3,41
3,64
5.72
4.00
2.87

1

3,73
3.64
3.83 j
6,18
4.02
3.08

IA
23,0

jr/ Revised, j>/ Preliminary.
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