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December 26, 1958
SURVEY O F
CUSMENT
BUSINESS

BUSINESS

°F

STATISTICS

BUSINESS £ c °

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 BUSINESS INDICATORS
Billion Dollars
100

Billion Dollars
10©
TOTAL LOANS A N D INVESTMENTS

Average of Wednesday data

Wednesday da fa

(Federal Reserve Weekly Reporting Member Banks)

95-

90

85

80

80

7 5 WJ~~i~J--J~J-J~J^^
1955

8

8 I

i

1 \

I

M

6 8 I

I I I'J-J—L-i-i—LJ 7 5

JFMASVt

1958

1957

1956

Index, 1 9 4 7 - 4 9 = 100
275

J J A S O N D

Index, 1 9 4 7 - 4 9 * 100
275

ELECTRIC POWER PRODUCTION (by

Monthly

Mimes)

Weekly

(E. E. I. seas. adj. index)

250

250

1958

225

225
1957

200

200

7 5 L-1 t i l l

l-L.I
1955

I t t 1 l I I t I I i l I 1 t I i I i t l 1l t l i i I pi i i i j i j i | i I
1957
1956
S958

Li i \ \ i l l
J

F

M

A

M

J

J

i l l

Index, 1 9 4 7 - 4 9 = 100
S20

Index, 1 9 4 7 - 4 9 = 100
S20

FREIGHT CARLOADINGS*

COTTON CONSUMPTION

H O _ (seasonally adjusted)

I

(daily average; seas, adj.)

no
IO©

AV

-

/

,

^vfA

1
100

90

80

90

-

V

*r ~1

Average per working day

J

70

J 1 1 1 1 1 1 1! 1 1I I 11 If I I I 1 I
1.1 1 1.1.1 I..M 1 1 L L L L L I ll.LLLL.

1955




1956

1957

1958

80

JULLUULUJ

1955

TV

U-l I I I I M M I I M ! I I I I I I I M I I I I I IJ

1956

1957

i J 175

A S O N D

1958

WEEKLY BUSINESS STATISTICS1
1957

1958

ITEM
Dec. 14
Commodity prices, wholesale:
A11 commod it i es.
..

....•*.............1947-49=100..

Dec. 21

..........

Nov. 29

Dec. 13

Dec. 6

84.9
285
2,110
1,941
269

•118.5
•92.6
•107.4
•126.1
84.7
294
2,086
1,922
276

87.9
171
••2,060
1,840
244

87.5
244
••2,135
1,910
294

31,827
25,617
19,027
427

31,973
26,218
19,483
610

31,825
27,399
18,631
465

32,057
27,844
18,740
530

32,218
27,847
18,629
459

56,710
23,943
87,390
25,630
31,819
8,779

57,256
27,875
95,215
32,490
30,586
9,516

57,214
27,882
94,930
32,149
30,675
9,505

58,858
27,966
95,134
31,877
30,804
9,539

4.35
40.51
43.53

56,651
23,970
88,578
26,010
32,305
8,780
4.27
39.38
42.19

4.38
51.9©
55.39

4.38
52.53
56.06

4.38
53.46
57.09

1,529
12,570
168,194
6,884
1,770
#69.2
603
307

1,602
12,412
163,071
6,915
1,742
#68.1
590
292

1,513
12,274
143,707
6,983

1,461
13,017
169,957
7,067
1,985
73.5
594
310

1,493
13,450
162,154
7,097
1,985
73.5
589
303

1(9.0
90.1
108.7
127.0
86.7
293

Dec. 20
1 19.1
90.7
108.8
127. 1
86.1

267

F i nance:
Federal Reserve bank credit outstanding, total .3/.....do....

32,394
28,311
18,844
487

Reporting member banks (of FeR«Systeia) in leading cities; .4/

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

Stock prices, 500 stocks (Stand, & Poor's) £/.»•1941-43=10, e

53„98
57.64

Production:

1,988
73.7
539
285

2,011
74.5

J/ Data do not always cover calendar weeks. 2 / Tuesday prices. 3/ Daily average. 4/ Wednesday data. J5/ Week beginning December 22,
1958: Production, 1,840 thous. short tons; operating rate, 68.2 percent. • Monthly index for December 1957. *» Excludes 409,000 and
411,000 insured unemployed reported under temporary programs (TUC) for November 29 and December 6, respectively; includes claims under ExServicemen's Unemployment Compensation Act of 1958 (UCX) effective October 27, 1958. # Based on January I, 1957, annual capacity
(133,459,150 tons); not comparable with 1958 rates which are based on January I, 1958, annual capacity (140,742,570 tons).

MONTHLY BUSINESS STATISTICS
1957

1958

ITEM
October
GENERAL BUSINESS INDICATORS
Business incorporations:
New incorporations (48 States)......,...

November

August

September

October

November

.number,

11,251

9,270

12,234

12,932

13,633

12,090

Agricultural loans and discounts outstanding of agencies
supervised by the Farm Credit Adm.:
Total
mil. of dot,
Farm mortgage loans: Federal land banks.....
do..,
Loans to cooperatives.
•
..do..,
Other loans and discounts
•••••
......do..,

3,354
1,904
451
999

3,329
1,908
452
969

3,766
2,017
453
1,295

3,784
2,036
473
1,275

3,802
2,052
507
S,243

3,791
2,065
526
1,199

204,168
77,431
41,761

189,246
71,667
39,012

185,849
68,620
37,942

195,205
70,887
40,520

212,894
79,620
43,594.

183,092
64,804
38,224

3,796
3,131
76
1,537
429
363
1,391

r5,797
4,827
67
3,512
367
740
r|,|||

6,280
4,838
67
3,599
316
1,105
1,193

8,119
7,208
75
3,909
2,267
549
1,320

3,446
2,769
82
1,387
374
386
1,217

5,979
4,962
72
3,735
319
816
1,038

6,501
641
5,860

5,806
636
5,169

6,198
574
5,624

6,633
578
6,056

7,144
600
6,544

6,237
607
5,629

9.01
77
272

8.81
67
262

9.14
65
262

8.84
69
266

9.37
75
275

9.07
65
257

20,970
18,412
1,731

18,745
17,533
451

20,981
18,483
1,679

21,276
18,873
1,726

22,706
19,594
2,506

FINANCE

Bank debits, total (344 centers)
do..,
New York City
do..,
6 other centers...
••••••
do..,
Federal Government finance:
Raceipts, totaI
•• do.•,
Receipts, net.
do.•,
Customs
••••••
do..,
Individual income taxes*„,.„.....................„„.do..,
Corporation income and profits taxes
•••••••••.do..,
Employment taxes...•••
do.•,
Other internal revenue and receipts
•••••
do..,
Expend i tures
..
Interest on public debt................
All other expenditures.....

do. •,
do..,
...do..

TRANSPORTATION AND COMMUNICATIONS
Hot©Iss
Average sale per occupied room.
dollars,
Rooms occupied..
percent of total
Restaurant sales index
same month 1929^100
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
••••••••••••thous. of do I
Operating expenses, including depreciation
do..
Net operating revenues....
do..


r7 Revised.
http://fraser.stlouisfed.org/
Federal Reserve9203
Bank of St. Louis

STATISTICS — Continued

MONTHLY

1957

1958

STEM
October

November

August

September

October

TRANSPORTATION AND COMMUNICATIONS - Continued
Telegraph, cable, and radiotelegraph carriers - Continued
Ocean-cable:
Operating revenues
•••••
.thous. of dol..
Operating expenses, including depreciation
do....
Net operating revenues.....
.do....
Radiotelegraph:
Operat i ng revenues
.do....
Operating expenses, including depreciation..........do.,..
Net operating revenues.
....do....

3,243
2,282
655

2,995
2,322
389

2,575
2,362
-40

2,830
2,211
357

3,006
2,239
505

3,600
2,771
718

3,260
2,648
512

3,588
2,686
798

3,645
2,837
701

3,856
2,887
876

148.3
97. I
51.2

145.4
96.6
48.8

140.6
87.6
53.0

CHEMICALS AND ALLIED PRODUCTS
Paints, varnish, and lacquer:
Factory shipments, total.....
Trade products.••••
••••••
I ndustr i a I f i n i shes

....mi I. of do!..
•
.do....
do. • • •

FOODSTUFFS
Corn grindings, wet process....
...thous. of bu.
Rice, California:
Receipts, domestic, rough.....
.....thous. of lb.
Shipments from mi I Is, milled rice.
..do...
Stocks, rough and cleaned (cleaned basis), end
of month..
.do...
Livestock:
Cattle and calves:
SIaughter (federa 11y inspected):
C 8 I V 9 S « » «e »«o « eee« o*e e e».e e« e « « « e e »e • e T n Q U S * © T

Cattle
Shipments, feeder, to 9 corn-belt States..
Hogs:
Slaughter (federally inspected).
Sheep and lambs:
Slaughter (federally inspected).....
Shipments, feeder to 9 corn-belt States

12,952

11,682

12,088

12,333

13,802

105,545
35,592

60,968
33,836

169,218
112,412

125,914
105,497

165,089
56,640

49,380

55,802

47,663

28,329

71,405

do...
do...

742
1,801
1,190

598
1,515
973

424
1,479
364

472
1,562
815

541
1,642
1,273

do...

6,094

5,505

4,515

5,219

5,911

.do...
..do...

1,210
690

958
248

950
356

1,045
565

1,131
636

6,454

8 H !R*a 1 S A

METALS AND MANUFACTURES
Pig Iron, production (excl. blast furnace production of ferroalloys)
••••
....thous. of short tons..
Castings, shipments:
Gray iron
do....
Malleable iron
Steel

. . . s h o r t tons..
....do....

Steel ingots and steel for castings:
Production
.thous. of short tons..
Percent of capacity
.
Index
...I947-49«I00..
Steel forgings (for sale):
Orders, unfilled, end of month
thous. of short tons..
S h i pments, tota I
do....
Drop and upset..
..
....do....
press and open hammer
.....
do....
Barrels and drums, steel, heavy types (for sale):
Orders, unfilled, en4 of month
thousands..
S h i pments.
•••••
•
do....
Stocks, end of month.
.....
.....do....
Aluminum shipments:
Mill products and pig and ingot (net)...........mi I. of lb..
Mill products, total
do....
Plate and sheet
.do....
Tin:
Estimated recovery from scrap, total
long tons..
4
As metaI.•.*•••••••••••••••••••••••
do....
Consumption, pig, total....
..........do....
Pr imary.
••••••••
•••• .do....
Stocks, pig (industrial), end of month..
.......do....

5,711

4,769

5,041

5,836

1,100
77,667
146,397

940
67,904
127,115

802
49,252
80,886

r9l7
r56,836
r85,277

pi,082
p59,7!6
p97,859

9,198
81
129.3

8,393
77
121.9

7,286
61
102.4

7,610
66
110.5

r8,8!8
74
124.©

400.6
125.6
93.6
31.9

364.5
104.8
79.3
25.4

270.1
79.9
61.4
18.5

280.1
89.0
70.0
19.0

296.4
98.9
77.1
21.8

2,026
2,135
80

1,763
1,759
60

1,666
1,846
80

1,707
2,142
74

1,613
1,913
89

r3l5.9
232.8
121.6

280.5
187.0
95.2

301.7
213.4
110.0

r374.5
r23l.2
119.3

347.2
254.0
130.4

5,925
3,590
23,355

1,820
260
6,065
4,250
21,820

1,710
300
6,380
4,350
20,690

2,025
340
6,940
4,710
20,560

548. 7
544. 4
184. 1

504.9
520.5
168.6

511.0
491.9
227.9

490.8
495.3
223.3

544.1
555.1
212.3

146.8
I45e 3
18. 5
465, 4
752. 5

140.4
143.1
15.7
453.0
722.9

148.5
142.0
25.1
387.6
724.4

137.2
139.7
22.6
413.0
697.2

154.8
158.7
18.6
470.0
655.3

138.6
144.6

117.7
122.2

128.0
129.7

134.4
r133.4

rl38.5
r139.3

6,975
4,195
23,275

PAPER AND PRINTING
Newsprint, Canada (including Newfoundland):
Production..............
thous. of short tons..
Shipments from mi I Is....
••••
..do....
Stocks, at mills, end of month..
do....
Newsprint, United States:
Production.
•••••••••••••••••do....
S h I pments from ml! ls«sesosssss*e**see**es©*s9©©e©»«s©9e d@ d ...
Stocks at mills, end of month
do....
Consumption by pub I ishers
••.......do....
Stocks at and in transit to publishers, end of month..do....
Paper products:
Folding paper boxes, index of physical volume:
Consumption of box board
•• I947-49«I00..
Shipments of boxes
do....

r/ Revised. j>/ Preliminary.
9203


4

MONTHLY BUSINESS STATISTICS — Continued
1957

1958

ITEN
October

November

August

September

October

MQy@wb@r

RUBBER AND PRODUCTS
Tires and tabes*
Pneumatic casings:
..thousands..

9,708
8,154
2,621
20,985

8,248
7,I7S
3,398
22,171

7,762
7,848
1,055
18,521

8,277
7,912
1,442
18,925

9,344
8,454
1,838
19,913

3,764
3,172
6,909

3,243
2,736
7,444

3,305
3,331
7,664

3,390
3,498
7,657

3,768
3,567
7,869

UGnSUB»pT 8 © B
. . . . s e e . . . . . . . . . . < » . . . . . « > . » < » . a . e o e . a ».»«e0bales. .
Manufactures:
Spindle activity (cotton system spindles):
Active spindles, last working day.........® Sfflthousands,.
Consuming 100 percent C 0 t t o n , e 8 9 4 9 e e e s e , , . . . . . . . 0©«s • e a
Splsndie hoars operated, all fibers^ total .. »miL of hr..

819,965

r651,599

638,767

647,894

833,366

672,838

19,793
18,130
11,486

19,251
17,641
8,870

19,279
17,650
11,447

19,269
17,611
9,180

Consuming S00 percent cotton.
....... » • a a • o » U © « . . .
Rayon and acetate;
Product ion %
r i 8amenf y a r n t « 9 » o $ « « M e t « « « < « « « ( e M « « t M « i «,mil. ©f !b a .

10,475

r19,767
18,S33
r8,984
r449
8,231

59 6 S
40a9
122a 1
69.6
52.5

P r O O t J C t 1O P

aa«9»e9es

Q

©©©

e e

e®©e9e

e

e<»®a®©o©«e®»9

5ft1 pra@flTS , TOTS 1... ....»..«.•».•«...«........
s s o a G « fflOO© . o s

Or I g i na 1 @qu I pment* • •••....•..••••••.••..•.•
S958S6H "Oo
Stocks, end of i o n t h ^ e , ^ , , , , , , ^ , ^ , , , , , ^ ^ , ^ a © » e a © e Q O ©
1 finer tubes:

<U . ©
soo

PTOQUCT I On« • •.«....••.•••.••'••••••.»••..••.•••.»..&. . 0©. . . »

Stocks, end of month....*.......*...*......** » a « 0 0

*

B

d©„ .. .

ee»««te«et
»».»»©©<BO<S

«9e»e«s»et!
.....o©®.©

®e..sa.»e.

••••••••••

TEXTILE PRODUCTS
Cottons J/
0

439

444

458

459

8,070

8,190

10,496

8,389

58*6
35.8
'124*8
70. S
54.7

53.6
26.7
111.5
6f 9 3
50.2

56.4
28.1
108.9
60.6
48.3

r5794
30.9
rI04.3
r59.2
45. S

52,6
30.2
98.0
55 6 7
42*3

8,328
4,850
4,817
3,478

7,260
4,033
3,915
3,227

2,151
1,276
1,276

2,229
1,086

1,744

692
539

2,217
1,280

988

875

S,I43

1,052

2,208

1,088

975

522
1,680

955
113

1,873
87 S
771
1,002

1,665
1,623
1,538
42

r68l

528

621
r60

6,525
4,628
4,398
1,897

66,860
28,602
27,460
38,258

60,238
25,442
24,398
34,796

26,166
4,739
4,184
21,427

25,524
5,221
4,679
20,303

24,059
4,648
4,259
19,411

28,167
7,996
7,791
20,171

387

5

0

3

10

376
143

5
134

0
55

3
52

10
43

139

S34

49

46

37

4
4
44
38

459

8

Stocks, producers , end ©f month, total
Staple (incl» tow) 2/................

2/9*aa*

s e a a a a©CIO. sa »

...<

19,26817,541
8,777

TRANSPORTATION EQUIPMENT
Railway equipment, American Railway Car Institute
Freight cars:
<&f} i p ! « ® R T S ^

TOTa

l®©©..ee©.<a<»®®»«>.©©©<»<s.©e>»a»©®«

Equipment manufacturers, total••...••....••
UwtwST

>••••number*.
a a e a a.GO.

a e a

«CoeoiBa«9e»®9se99©9e®©8aee®©e»e»©ffl©<i a a a a a «™v»a ae

Railroad and private-line shops, domestic**. a a a a a . O O .
New orders, tota1.............................a a a a a « O O e

ea a

e ae

Railroad and private-line shops, domestic... »»..*.**©•«»»

Railroad and private-1ine shops, domestic*., e

a•••»00»•••

621

866
937

Passenger cars (equipment manufacturers):
d©.*.„

jr/ Revised. ±/ Data for October 1957 and October 1958 cover 5 weeks; other months, 4 weeks. 2/ Data beginning August 1958 exclude figures for acetate staple plus tow; see note at the bottom of p. S-39 of the October 1958 Survey of Current Business.,
USCOMM-DC-9203

UNITED STATES
G O V E R N M E N T PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




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