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December 7, 1956

BUSINESS

u IM I lu I luu

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 d a t a 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 l a t e s t m o n t h l y S U R V E Y

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

j ELECTRIC ?OWER PRODUCTION (by utilities)
(seasonally

I N D E X , 1 9 4 7 - 4 9 « 100
250

Weekly

adjusted)

225

L^Vv*^^Jp
I
1956

200

S75

1955

J^JUJj_J-L-iJJ,
J F M A I J J A S OND

1956

THOUSANDS
1,200

S 50

THOUSANDS
300

PASSENGER CAS AND TRUCK PRODUCTION'
(United States plants)

1,000

250
1955

800

200

600 b

150

400

100
Monthly, left scale; weekly, right scale.

200

i

JLJLA^S^±JL^±

1953

i

i

i I i i

i

i

i

I i i i

1955

1954

I i

i

i

i i

1956
BILLION
35

BILLION DOLLARS
350

i i

i i JL-LJ. . i j j u a j so
JFMAMJ

DOLLARS

J A S O N D

BILLION

PERSONAL INCOME

MANUFACTURERS' SALES & INVENTORIES

(seasonally adjusted, at annual rates)

(seasonally adjusted)

300

DOLLARS
70

30
Total

60
Sates
( l e f t scale)

250
Wage & Salary
Disbursements V
200

40
~* BOOK VALUE, END OF MONTH
I I 1 I 8 i I M i i

150 L U i J J J j J J J J L ^

1953



1954

1955

1956

15

UJJJJ^LLLLL JJJULiJjLLLU
1953
1954

L I . U - L J J L L J L L L ! I. I i L i , Li L L I J J

1955

1956

30

WEEKLY BUSINESS STATISTICS'

2

1956

1955
ITEM

Dec. 5

Nov. 26

Nov. 10

Nov. 17

Nov. 24

Dec. 1

Commodity prices, wholesale:

88.8
146
1,052
952

*in.2
*84.l
*98.8
*II9.4
89.0
197
1,095
990

115.4
87.9
102.6
123.6
**9I,2
137
1,005
925

115.7
87.8
105.5
124.0
92.0
151
1,020
957

115.7
87.6
105.1
124.0
95.0
148

50,824
26,208
19,056
568

50,965
26,012
18,794
413

50,965
25,762
19,004
575

51,141
25,954
18,996

51,269
26,266
19,511
691

56,586
2!,616
85,569
29,961
25,833
8,181

56,900
21,609
85,337
29,643
26,014
8,188

55,588
21,999
85,602
25,752
30,12!
8,857

55,882
21,832
85,650
25,599
30,439
8,870

55,928
21,775
86,459
26,254
30,447
8,855

205
3.30
326.1
375.1

209
5.51
526.6
575.3

219
3.87
545,9
402.5

240
3.88
357.8
594.2

207
3.92
328.5
382.5

1,813
10,727
173,945
6,859

1,741
11,359
206,244
6,856

1,715
11,522
155,277
7,050

1,797
11,589
157,151
7,165

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

2,416
#100.1
672
540

2,556
#97.6
728
377

1 15.7
88.5
103.2
124.2
93.8

Finance:
Federal Reserve bank credit outstanding, total .5/....do....

51,555
26,574
19,575
695

Federal Reserve reporting member banks in leading cities:47

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

Bond yields, domestic corporate (Moody's) 5/
percent..
Stock prices, 480 stocks (Stand.& Poor's) ±/99 1955-59=100..

....oo.oo.

254
5.92
526,8
380.5

Production:

2,465
100. i
775
577

2,463
S00o i
651
328

2,466
100,2
764
575

2,489
101, I

U Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4_/ Wednesday data. j>/ Week beginning December 5,
1956: Production, 2,475 thous. short tons; operating rate, 100.5 percent. 6/ Data for 1956 adjusted to revised classification of class I
railroads, * Monthly index for November 1955. ** Wednesday price, # Not comparable with 1956 rates which are based on higher capacity.

MONTHLY BUSINESS STATISTICS
1956

1955
ITEM
September
GENERAL BUSINESS
Personal

October

July

August

September

October

INDICATORS

income, by source, seasonally a d j . , at annual rates:

Wage and salary disbursements, total....
do....
do....
do....

do....
Personal

interest income and dividends..

Less personal contributions for social

do
insurance..,do....

511.0
214.7
92.8
56.9
28.7
56.5

511.6
215.5
95.5
56.7
28.9
56.4

524.5
224.0
95.9
59.9
50.4
57.8

528.1
227.1
98.5
60.5
50,6
57.9

r529.5
r228.5
r99.1
r60.5
30.8
58.1

552.6
250.2
I00 e 3
60.6
51.0
58.3

7.2
49.4
27.6
17.4
5.5
295.9

7.2
49.1
27.9
17.4
5.5
296.9

7.5
50.5
29.7
18.6
5.8
509.4

7.5
51.0
29.8
18.8
5.9
512.8

7.5
r50,9
50.0
18.7
5.9
r5l4.4

51.9
30.2
18.9
6.0
316.8

27,596
15,502
2,555
1,556
5,555
2,956
1,285
750

27,850
13,656
2,569
1,548
5,577
5,087
1,188
758

24,122
11,504
1,065
1,271
5,487
2,858
1,014
661

27,861
15,428
1,927
1,547
5,845
2,875
1,261
802

r27,7!5
r15,551
r2,52l
r!,5!5
r3,997
r2,48l
ri,2IO
r728

50,119
14,936
2,612
1,665
4,295
5,053
1,203

14,094
4,419
558
1,244
879
2,058
2,546
451

14,174
4,552
520
1,246
921

12,818

r 14,362
r4,536
r329
r!,2l2
r872
r2,Q79

15,183
4,652

2,*562
485

4,077
555
920
794
!,347
2>24
441

14,455
4,555
376
1,176
907
2,074 i
2,572 1
449

27,224
15,692
2,594
1,456

26,657
15,261
2,524
1,582

26,158
12,627
1,224
1,582

27,632
15,665
1,982
1,446

r27,624
r15,692
r2,592
r1,427

7,4

Manufacturers' sales:
do,...
do....
do....
Transportation equipment (incl. motor vehiclesK.do....
do....
do....
Nondurable-goods industries, total

r/ Revised.

J/...

1/ Includes data for "other industries" not shown.




*»

t>Af\

f

r2,*470
425

875

374
1,343

959
2,169
2,611
28,235
14,193
2,538
1,460

MONTHLY

BUSINESS STATISTICS — Continued

3
1956

1955
ITEM
September

October

August

July

September

October

GENERAL BUSINESS INDICATORS - Continued
Manufacturers' sales, value (adjusted) - Continued
Durable-goods industries - Continued
3,474
3,458
1,256
670
15,552
4,249
519
1,151
870
2,010
2,546
456

5,472
5,252
1,151
665
15,576
4,104
527
1,112
877
1,959
2,559
447

4,032
5,058
1,152
689
15,531
4,161
538
1,082
854
1,979
2,448
459

4,022
3,165
1,212
725
15,967
4,251
545
1.109
898
2,094
2,572
436

r5,945
r5,055
r 1,186
r668
r15,952
r4,578
r525
r1.122
r865
r2,05l
r2,520
420

4,120
5,190
1,084
729
14,042
4,505
550
1,158
915
2,059
2,585

44,266
24,90!
5,579
2,674
7,996
6,066
1,777
887

44,959
25,577
5,512
2,617
8,095
6,546
1,806
* 900

49,180
28,220
5,704
2,945
9,652
6,690
1,877
1,067

49,130
28,006
3,855
2,864
9,580
6,600
1,841
1,028

r49,662
r28,425
r5,975
r2,87l
r9,677
r6,898
r1,786
988

50,326
29,000
4,154
2,884
9,842
7,173
1,784
979

7.0
10,2
7.7
19,565
4,475
1,728
2,573
1,016
3,065
2,815
830

7,1
10.5
7.8
19,582 !
4,656
1,777
2,549
1,028
5,101
2,880 |
848

8.0
11.5
8.7
20,960
4,492
1,749
2,612
1,215
5,557
5,041
957

7.8
11.5
8.6
21,124
4,694
1,763
2,606
1,217
3,546
3,096
947

r7,9
11.9
r8.6
r21,259
r4,82l
r1,801
r2,575
rl,2l5
r3,57l
r5,164
957

8.1
12.2
8.7
21,326
4,851
1,839
2,565
1,206
3,650
5,240

7.7
5.0
8.6
44,705
25,182
5,505
2,757
8,110
6,136
1,795
914

7.9
5.0
8.7
45,556
25,659
5,426
2,726
8,240
6,551
1,843
947

8.5
5,1
9,5
49,238
28,179
3,698
2,885
9,654
6,730
1,858
1,067

8.5
5.1
9.7
49,555
28,178
5,809
2,895
9,684
6,659
1,825
1,049

8.4
5.1
r9.8
r50,126
r28,728
r5,9l2
r2,960
r9,8l4
r6,946
r1,804
1,019

8.5
5.1
9.7
50,757
29,514
4,059
3,004
10,021
7,151
1,820
1,030

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

6.9
10.2
8.0
19,521
4,392
1,765
2,597
1,026
5,188
2,787
874

7.0
10.5
8.2
19,697
4,497
1,759
2,597
1,049
5,190
2,824
902

7.9
11.6
8.6
21,059
4,634
1,86!
2,586
1,225
3,540
5,04!
987

7,8
11.6
8.7
21,557
4,698
1,876
2,652
1,255
5,618
5,065
1,007

7.9
rll.9
8.9
r21,598
r4,7l5
r1,858
r2,599
r1,227
5,714
r3,135
1,007

8.0
12.2
9.1
21,423
4,651
1,821
2,617
1,231
3,754
5, 176

of dol..
...do....
...do....

7.9
5,0
8.6

8.0
5.0
8.7

8.5
5.1
9.5

8.6
5.1
9.6

8.5
5.1
r9.8

8.5
5.1
9.8

of dol..

28,744
14,766
2,406
1,617
4,029
5,755
15,978

28,215
14,061
2,502
1,540
5,882
5,454
14,152

25,936
13,143
2,014
1,366
4,007
3,001
12,793

29,240
14,975
2,522
1,481
4,045
4,050
14,267

r28,l54
rl5,8!8
r2,059
r1,659
r4,080
r5,156
r!4,5l6

29,516
14,196
2,570
1,650
4,502
2,749
15,520

28,501
14,956
2,552
1,525
4,165
5,755
15,565

27,466
14,094
2,575
1,540
5,929
5,454
15,572 1

26,998
13,515
2,166
1,566
4,140
5,001
15,485

29,099
15,166
2,522
1,546
4,195
4,402
13,935

r28,072
r14,266
r2,192
r 1,576
r4,200
r5,594
r13,806

28,750
14,555
2,445
1,650
4,554
5,054
14,215

52,957
49,649
6,686
5,942
15,199
19,157
3,308

55,540
50,054
6,619
5,954
15,504
19,484
5,286

60,408
57,518
7,586
4,525
18,801
21,636
2,890

61,787
59,065
7,981
4,459
19,001
22,811
2,724

r62,227
r59,549
r7,699
r4,585
r19,084
r23,486
r2,678

61^605
58,790
7,457
4,570
19,091
25,182
2,815

of dol..
Transportation equipment (incl. motor vehicles) ,..do....

...do....
ees do,...

...do....
...do....
Manufacturers' inventories, end of month:
...do....
...do....
...do....
Transportation equipment (incl.motor vehicles )..do
...do....
Stone, clay, and glass.......
....****** .»»dos...
By stages of fabrication;
of do!..

IeXT!l6...e..«eeeeaeso.seseeoe.ooeooeees,oo.e

...do....
of dol..
...do....
...do....
...do.,..
...do....
...do....

D..KKo»

t\ry

By stages of fabrication:
of dol..

Durable-goods industries, total \_l

,

...do....
of dol..
...do....
...do....
...do

Transportation equipment (incl.motor vehicles)..do...,
...do....
By stages of fabrication:
of do 1..
...do,...
of do 1..
...do....

Rubber....
........
By stages of fabrication:

Manufacturers' orders:
...do....
...do....
Transportation equipment (incl.motor vehicles). ...do...•
...do....

...do....
Transportation equipment (incl.motor vehicles)....do,...
Unfilled orders, end of month (unadjusted), total.. .•.do....
Pr i mary meta I

»

.•»do««e.

Transportation equipment (incl.motor vehicles). •«.do,e,,


r/ Revised. 1/ Includes data for "other industries" not shown.


MONTHLY BUSINESS STATISTICS —Continued

4

1956

1955

ITEM
October

C0WIGD1TY PRICES
Prices received and paid by farmers:
Prices received, all farm products e o o e e e e e f f l e e »1910-S4=IOO e s
Commercial vegetables, fresh mark@t 99< ,o<.o e »»<. S99e do» 9S9

November

September

August

236
234
178
275
196
222
233
234
161
455

224
224
231
274
164
220
194
228
140
438

237
236

238

195
225

224
267
214
194
223

171
232

238
264
254
172
231

261
274
246
280
82

259
273
244
279
80

267
281
250
288
82

4,286
2,873

229
222

208
278
167
220

189
227
127
443

235
264
239

230
263
197
218

210
249
203
45 S

October

234
232

203
270
178
225

232
249
I4S
453

234
239
264
270
S82
232
218
262
154
443

167
238

230
277
231
164
249

266
279
252
287
82

265
279
250
287
82

267
28 S
252
289
8!

1,431
1,250
S40
788
276
293
161
481
1,413
389
139
600

4,250
2,833
1,405
1,225
140
788
276
288
148
480
1,417
379
139
615

4,126
2,751
1,350
1,175

3,806
2,650
1,297
1,135
120
794
27!
288
103
445
1,156
341
134
430

3,714
2,608
1,289
758
124
426
1,106
344

3,693
2,587
1,277
750
123
425
1,106
345

3,661
2,537
1,227

r!32,4
641
695
681
597
637

rf32ffl5
642
696
681
597

S32 w 4
642
696
681
596

637

636

256
259

236

November

272
c245

Prices paid;

All eommod.,services,Int.,taxes, and wage r a t e s e e e e d o o a 9 @
CONSTRUCTION AND REAL ESTATE

4,037
2,810
1,509
1,360

Nonresidential building, total

3/e<9e9oeeaa89e9esa98do@ee6

New construction (seasonally adjusted), t o t a l . e e e t f e e e . O d o s . . .
N o n r e s i d e n t i a l b u i l d i n g , total 2 / @ a 6 9 e s e e e o 8 a e 9 9 e e e d o 9 e 9 S

Construction cost index:
Department of Commerce composite^,*********®J947-49^100 0 9
American Appraisal Co,,. The, average, 30 cities..1913=100..
Atlanta
do, •

~J Revised,

c/ Corrected*

±/

DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS

1,039

321
116
405

.3,598
•2,594
1,375
685
132.
391
1,004
326

3,601
2,551
1,342

126,4
616
665
642
577
607

526*5
618
666
643
578

Includes sweetpotatoes and dry edible beans*

UNITED STATES
GOVERNMENT PRINTING OFFICE




116
72 S
219
306
S32
437
1,227
350
136
524

3,702
2,663
1,419
1,280
107
715
224
297
i II
407

678
131
389
1,050

337

608

134
793
274
287
122
474
1,375

371
143
585

752
122
423
1,124

347

3,715
2,536
1,224
755
121
424
1,179
359
fflsaaaes.oao

2/ Except farm and public u t i l i t y .

PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $300