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February 12, 1960

STATISTICS

BUSINESS

SUPPLEMENT TO THE SURVEY OF

!URRENT BUSSI

Available only with subscription t o t h e SURVEY OF CURRENT BUSINESS, at $4.00 annually, this Supplement provides selected
weekly and monthly data subsequent to those published in t h e latest monthly SURVEY

SELECTED BUSINESS INDICATORS
Billion Dollars
S30

Billion Dollars
S30
TOTAL LOANS AND INVESTMENTS

(average of Wednesday data)

(Wednesday data)

(Weekly Reporting Member Banks of Federal Reserve System)

120

120

s s o h~

Revised basis

I 10

I960

\
S00

/

100

1959

90

90

80 L j • - ' ' ' ' I ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' ' s ! ' ' ' ' ' ' ' ' ' ' ! ' ' ' ' '
1957
S958
S959
I960
Thousands
1,000
MOTOR VEHICLE PRODUCTION

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

Thousands
250

Monthly

(cars, trucks, coaches; U. S. plants)

800

200

600

150

400

100

200

I

i1

1

I ,

1

J

'

• , ,1

'

'

f

• , f ,„>

«, ,r J „ ,f, > — L — L - J - J

1958

1957

»

»

\. \

1959

In I J - ^ , 1 - ^ 1 .

I960
Index, 1947-49= 100
130
COTTON CONSUMPTION

Index, 1947-49= 100
200
DEPARTMENT STORE SALES & STOCKS

(daily average; seas, adj.)

(seasonally adjusted)

120

175 h
Stocks
(end of month)

I 10

»

150

iOO
125

Soles

I I 1 I I 1 1 1 1 1 i 1i i i i 1 i i i i i

 S957


1958

9 0

1 1 1 1 1 1 1 1 1 1 1

S959

i n J 11

M M

I960

80

I ii i i iIii i ii 1 i i
1957

M

i Ii[ ii i I ii i iil ii i ii Ii i
1958

1959

II

i l i ii i i
i960

WEEKLY BUSINESS STATISTICS1

2

1

1959

I960

ITEM
Jan. 31

Feb. 7

Jan. 16

Jan. 23

Jan. 30

Feb. 6

Commodity prices, wholesale:
,1947-49=100..
do....
do....
do....
,e
.do....
........do....

Al 1 other....

84.7
106
2,663
2,425
322

*l 19.5
*9I.5
* 108.7
*I27.5
84.6
108
2,609
2,377
271

119.2
86.7
105.5
128.7
84.1
121
2,366
2,186
292

119.3
86.6
106.1
128.7
85.1
113
2,379
2,196
302.

119.5
88.3
105.8
128.6
85.2
112

281

318

31,150
27,094
18,817
393

31,120
27,092
18,749
404

32,282
28,633
19,034
568

31,910
28,098
18,940
576

31,650
27,370
18,455
328

31,566
27,406
18,487

62.791
30,071

61,773
30,080

,...»...do....

34,701

34,529

do....

11,505

11,218

62,435
30,236
103,996 ,
27,406
30,131
12,640

62,273
30,136
102,834
26,904
29,976
12,635

62, 122
30,143
102,276
26,679
29,862
12,626

4.44
55.16
58.84

4.44
55.21
58.70

4.91
58.08
62.23

4.92
57.07
61.16

4.92
56.72
60.69

1,471
14,236
203,836
7,146
2,727
95.7
606
322

1,442
14,523
206,797
7,190
2,727
95.7
587
314

1,478
14,313
205,839
7,136
2,717
95.4
602
321

Insured unemployment, total 3/
do....

119.2
87. 1
105.4
128*5
84.6

Finance:
mi 1. of do!..
Federal Reserve bank credit outstanding, total 4_/.... .do....
.......do....
.......do....
Reporting member banks (of F.R.System) in lead ng cities: j5/
mi 1. of dol..
Demand deposits, adjusted
do....
Time deposits, except interbank.............

Commercial and industrial loans (gross)...
Bond yields, domestic corporate (Moody f s) 47*.,
••..percent9S
Stock prices, 500 stocks (Stand. & Poor's) J5/., .1941-43=10..
do....|
Production:
Bituminous coal 4/....................thous. olP short tons..
. of kw.-hr..
Petroleum (crude) and condensate 4/..........ttIOUS. of bbl..
short tons..
>us. of cars..
do

1,403
13,292 j
139,549
7,213

1,431
13,151
144,787
7,107
2,178
#76.9
582
299

2,288
#80.8
565
293

38i

4.92
56.32
60.24

°°194^496
2,683
94.2

_[/ 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; veterans; and ex-servicemen. M Daily average. j>/ Wednesday data. £ / Week beginning February 8, I960:
Production, 2,690 thous. short tons; operating rate, 94.4 percent. * Monthly index for January 1959. # Based on January 1, 1959, annual
capacity (147,633,670 tons); not comparable with I960 rates which are based on January I, I960, annual capacity (148,570,970 tons).

MONTHLY BUSINESS STATISTICS
1959

1958
ITEM
November

December

September

October

November

December

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION COST INDEX:

139

139

143

142

143

144

252,862
53,268
199,594

230,978
45,796
185,182

246,914
64,199
182,715

271,255
64,780
206,474

259,509
59,382
200,127

250,948
51,416
199,532

do....
do....
do. . ..
•do....

13,565
3,672
33,309
149,047

8,458
4,264
24,451
148,008

12,245
4,014
32,411
134,045

18,409
4,780
38,403
144,882

9,757
4,286
32,927
153,158

9,310
4,985
26,533
158,703

LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS:
Accession rate, total
monthly rate per 100 employees.,
New hires....••••••••
•••••
•
••••••do....
Separation rate, total
*....•
••••••• •••••••• do...,
Quit
do...,
Layoff
do...,

2.8
1.3
2.8
.8
1.6

2.4
I.I
2.8
.7
1.8

3.9
2.6
4.3
2.2
1.5

3.1
2.0
4.7
1.4
2.8

r3.0
rl.5
4.1
1.0
r2.6

p3.5
pl.2
p2.9

49,046
24,262
8,347
2,957

46,180
25,379
11,834
2,740
1,779

63,321
31,231
9,310
4,034
2,515

64,247
32,789
10,138
3,988

60,548
27,520
9,264
3,712
2,202

DEPARTMENT OF COMMERCE, COMPOSITE

.1947-49=100..

DOMESTIC TRADE
NEWSPAPER ADVERTISING:
LINAGE (52 CITIES), TOTAL
Classified
Display, total
Automot ive
F i nanc ial
Genera I..
Retai I

••••••

...thousands of lines..
do....
.........•••.do....
>

EMPLOYMENT

pl.6

TRANSPORTATION AND COMMUNICATIONS
OPERATING RESULTS ON SCHEDULED AIRLINES (DOMESTIC TRUNK): \_f
Miles flown, revenue.........
.«••• •thousands.,
Express and freight ton-^-mi les f lown........••••••• ••••do...,
Mail ton-miles f lown........... •••••••••
do...,
Passengers originated, revenue..••»..•••••••«••...••••do...,
Passenger=rni ies flown, revenue.•••••••••••••••••••mi!i ions,
ELECTRIC POWER

ELECTRIC POWER:
65,499
64,846
66,396
60,880
Production, total......
•..
.mil. of kw.-hr.
59.032
58.585
59.236
EIectrI c utiii t i es • se ••«•*•••• ••••••••••••••••••••••• do. »•.
53,893
Industr i a I estabIi shments•••••••••••••••••••••••••••do...,
6; 467
6;26l
7,160
6,987

r/ Revised. 2.1 Preliminary* \J Data beginning January 1959 include operations intra-Alaska and intra-Hawaii,
9239
http://fraser.stlouisfed.org/

Federal Reserve Bank of St. Louis

65,275
58.433
6,842

70,539
63.11 I
7i428

MONTHLY BUSINESS STATISTICS

Confined

1958

1959

HEN
November

December

September

47,845

50,337

54,079

52,061

r51,688

8,364
23,817
304
12,898

8,564
24,447
372
14,420

10,687
25,354
364
14,581

9,810
25,191
380
13,916

r9,244
r25,047
401
r!4,3!4
875
561
1,204
43

October

November

December

ELECTRIC POWER
Electric power - Continued
Sales to ultimate customers, total (Edison Electric
Commercial and industrial:

Railways and railroads.
Residential or domestic

........do....
••••••••••••••••••••••do....

Rural (distinct rural rates)
Street and highway lighting

•••••••
....•

••do....
do....

Interdepartmental....
•
.....do. .
Revenue from sales to ultimate customers (Edison Electric

794
526
1,094
48

791
560 1
1,127 !
56

1,343
1,211
60

978
524
1,210
53

814.7

849.0

921.5

891.1

881.6

1,831.9
816.4
41.8
973.7
i77.6

2,047.8
919.7
51.9
1,076.2
201.3

2,038.3
962.3
54.3
1,021.6
181.8

2,237.6
991.5
55.9
1,190.2
210.0

2,127.5
913.4
50.8
1,163.4
r208.6

2,322.4
986.0
57.6
1,278.9
238.2

.30.5

30.4

38.1

43.9

44.3

34.7

22.3

22.9

25.8

27.3

r25.0

26.3

590.2
1,951.1

546.8
1,929.9

501.1
887.5

782.2
1/937.5

733.2
2,609.0

683.5
2,441.2

280.4
106.7

260.3
78.5

226.9
97.0

361.8
110.8

341.1
113.1

311.9
110.4

r202.3

r184.5

163.4

263.0

246.3

226.7

62.9
147.5

60.6
108.6

83.0
93.4

84.7
98.4

48.5
82.3

49.9
95.8

45.5

43.7

59.0

60.2

34.8

35.6

r1,005.7
r3,255.4

1,033.3
r2,982.3

823.8
750.5

1,060.2
2,367.8

rl,081.6
3,202.8

1,013.7
3,017.1

rl,558.7
r156.8

rl,6l9.9
r105.5

1,270.6
108.2

1,618.4
145.2

r 1,653.6
r153.0

1,553.6
126.6

351.2

359.9

296.9

391.2

r392.6

369.2

2,731
2,132
2,660
2,049
9,096
5,567

2,716
2,188
2,668
2,142
9,144
5,613

3,324
2,689
3,119
2,553
9,022
5,235

3,304
2,671
3,145
2,518
9,212
5,419

2,892
2,299
2,639
2,075
9,465
5,643

2,947
2,387
2,804
2,266
9,610
5,766

51.8
30.8

40.7
32.4

79.3
42.7

77.6
39.9

47.6
37.2

478 .

FOOD AND KINDRED PRODUCTS
MEATS:

VEGETA8LE OILS AND RELATED PRODUCTS:
Coconut oi1:
Corn oi1:
Cottonseed:
Consumption (crushings)0080„«aoaae<,thous. of short tonsee
Stocks (at oil mills), end of month
»do.eee
e
Cottonseed cake and meaI:

Cottonseed oi1:
F1axseed:
Linseed oi1:
Production, crude (raw)
Soybeans:

,.s

mil, of lboe

Soybean cake and mea1:
Soybean oi1:
LUMBER AND MANUFACTURES
LUMBER (NATIONAL LUMBER MANUFACTURERS ASSOCIATION):
Production, total
..mil. of bd. ft..

METALS AND MANUFACTURES
Oi 1 burners:
Stocks, end of month.................................do....
Stoves and ranges, domestic cooking, including built-ins:
Shipments, total 1/
..thousands..
Gas (including bungalow and combination) J/
do....

Coal and wood

##

........

Solid fuel
Furnaces, industrial, new orders, net:
Electric processing

........do.

do
mil. of dol.. [

181.5
171.1
6.4

189.6
181.0
4.4 1

222.4
210.3
6.9

208.8
194.5
8.7

181.8
168.6
*I3.2

208.2
29.5
148.7
30.0

137.1
16.4 1
95.1 I
25.6

344.5
55.5
225.5
. 63.5

332.7
50.2
224.9
57.6

229.5
31.1
165.6
32.8

120.8
81.1
30.2
3.5
193 I

95.8
65.8
22.9
2.2
204.0

170.7
120.9
43.9
6.0
231.5

172.3
125.5
41.2
5.6
262.7

120.9
91.1
26.5
3.2
190.3

.8 j
3.9

1.6
1.9

I.B
1.6

3.0
5.9

1.4
4.1

i.6
5.2

426
238

429
385

433
386

621
400

561
443

548
408

Industrial trucks (electric), shipments:
industrial trucks and tractors (gasoline-powered), ship-

i

2,462 |
2,624
2,520
1,501
1,407 1
2,226 I
r_/ Revised. * Includes shipments of coal and wood stoves. ±/ Excludes shipments of cooking tops (for use with built-in ovens); such
Digitized for shipments
FRASER
totaled 33,400 units (4-burner equivalent) in November 1959.
http://fraser.stlouisfed.org/
9239
Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS — Continued
1959

S958

ITEM
November

December

September

1,908.2
84.7
1,!09o5
I97 e 7
237.5
93.8
184.9

1,754.3
77.7
981.6
194.0
235.0
-93.1
172.8

1,999.8
98.0
1,123.4
195.2
255.0
IS2.6
215.2

886.8
Stocks, end of month, total, all mi 1 Is..••.••••....••.do....
273.9
Pulp mi 1 Is.......0 0 e .. ...... 9S ao ....................do....
528.3
Paper and board mi 1 Is... .. ........ ....... ..«• • 8 8 , 9 . . d o , ...
84.6
Nonpaper mi 1Is.................... s a 8 8 . 8 , , , 9 . 8 5 0 , o 8 . d o s . . .
All paper and board mills,, production:
Paper and board, tota1...„............................do....
2,640
1,149
Paper ............................................... do....
1,237
Paper board.............................. ............ do....
10
Wet-mach 1 ne board. .................................. do....
243
Construction paper and board.............;..........do....
PAPER, EXCLUDING BUILDING PAPER, NEWSPRINT, AND PAPERBOARD:
852.4
Orders, new.........................thous. of short tons 0 .
697.4
Orders, unfilled, end of month......................do....
1,007.S
Product ion.................................a........do....
Shipments...........................................do.
813.5
531.6
Stocks, end of month...........•• •..................do.. ..
Fine papers
126.6
Orders, new......................................... do....
73.0
Orders, unfilled, end of month......................do....
133.9
Product ion...-....................................... do....
Shipments...........................................do....
125.4
136.0
Stocks, end of month................................do....
Printing paper:
Orders, new.....„„..................................do....
361.8
441.2
Orders, unfilled, end of month...••••••••••••.••••••do....
325.7
Product ion••••••••••••••••••••••••••••••••••••••••••do....
326.4
Shipments.
,
........do,,..
226.7
Stocks, end of month...........•••••••••.••.••••••••do....
Coarse paper:

878.4
248.8
543.8
85.9

855.7
251.6
53S.5
72.6

2,513
1,125

November

October

December

PULP, PAPER, AND PRINTING
WOOD PULP:
Production, total, all grades,,.. . „ . .. .thous. of short tons..
Dissolving and special a Ipha.... „ ...... eoo .. ..... .. .do0<3 ..

1,989.8
92.6
S,132.5
201.5
260. S
96.9
206.1

1,894.2
84.2
1,046.8
203o0
263.2
91.6
205.3

857.3
256.3
522.7
78.3

r874.8
r270.0
526.3
78.4

856.5
244.7
533.0
78s7

2,845
1,218
1,315

3,088
1,358
1,405

2,653
1,207

12
299

14
312

r2,804
r1,227
rl,3l5
12
250

819.5
640.3
986.8
797.5
537.8

r896.7
r709.3
r1,067.0
r898.3
r566.1

r998.1
r7!7.6
r 1,182.3
r98l.2
r578.0

*798.0
•611.0
•830.0
•837.0
•505.0

.........
.........
.........
.........
.........

115.3
66.6
138.0
118.7
145.9

r128.8
79.8
r140.4
r138.6
124.4

r 142.9
r74.4
rl5l.l
r144. 1
r131.4

128.0
69.0
137.0
128.0
139.0

.........
.........
.........
.........

345.5
394.8
329.0
329.3
226.6

r378.8
r408.0
r376.7
r374.0
255.8

r4!4.7
r4!3.5
r408.3
r406.7
r257.5

358.0
376.0
373.0
372.0
258.0

.........
.........
.........
.........

312.0
143. 1
326.5
309.0
103.5

298.0
131.0
298.0
294.9
96.6

r333.1
r173.2
r322.6
r326.4
r109.5

r37l.2
r180.4
r360.4
r36l.9
rl12.2

312.0
166.0
320.0
337.0
108.0

.........

number..

605,334

709,078

309,117

632,420

321,977

548,338

Coaches, tota1......................................do....

167

180
170
267,829
259,633
53,968 1
37,999 1

287
188
475,382
462,831
72,669
62,330

S U Sf a t e

e

o

a 9 o e s s Q e

o

O S

o

o s

®

O

a

S O

o o

e

o o

e a e

o

O S e

o

O

o

0

o

e o o o e a e

d O

o o o 0

Su 1 fIte.........„............ e o s ..... 0 . 0 ......„...„.do..oo
Groundwood.......... # ............... ......,...., e ...do..••
Defibrated or exploded.............................. do.....
Soda, semschemScal, screenings, damaged, etc........do....

OrderS,

neW. eeae.a®ee®i,9as.oeeoae.eeoos«>oeoo.o.eoo8.dOo.8o

Production

.

. . . .

do

..

1, S5S
IS
225

2,187.7
96.7
1,259.3
22 fa3
277.0
1 16.6
216.7

1, 198

13
235

TRANSPORTAT1 ON EQU1PMENT
MOTOR VEHICLES:
FACTORY SALES, TOTAL.

208
165
608,730
594,188

124

Trucks, tota1.......................................do....

511,885
497,218
93,282
79,618

1
'

100,140
82,688

268

134

134
229,410
"220,621
79,573
64,568

1

268
537,159 1
523,500
94,993
81,652 1

jr/ Revised. * November data exclude estimates for t i s s u e and miscellaneous papers.
USCOMM-DC-9239

PENALTY FOR PRIVATE USE TO A V O I D

UNITED STATES
GOVERNMENT PRINTING OFFICE

PAYMENT OF POSTAGE, $300

DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

OF CURRENT
Digitized forSURVEY
FRASER


BUSINESS