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„

January 15, I960

BUSINESS

STATISTICS

A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS
Available only w i t h s u b s c r i p t i o n t o t h e SURVEY OF C U R R E N T BUSINESS, at $4.00 annually, t h i s S u p p l e m e n t provides selected
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'
Billion Dollars
.120

Average of

Wednesday data
(revised basis)

Wednesday data

TOTAL LOANS AND INVESTMENTS
(Federal Reserve Weekly Reporting Member Banks)

10

Revised

basis

Billion Dollars
120

H sio

,1960

100

/ H too

/
1959

1958
90

80

T O

80

t^ji

i.

i

i

i

I

i

»

i

i

i

I

i

i

1956
Billion

»

i

i

i

i

i

i

i

i

I

»

i

i

1957

i

r

\ » i i i 1u^j^-^Lj.y

J_J_J_J_J_J_j_L_LJ-

i

J F M A M J

1959

J A S O N D

!80

DEPARTMENT STORE SALES & STOCKS

adjusted)

(seasonally

Nondurable

Durable

adjusted)
Stocks

160

h

!40

h

120

h

too

LJJJJJLIJJLIJJJJ^^

Goods

Sates

Goods

1956

1957

i J J j a ± L U X L IJ-LLLJLLLLLL
1959
1958

Dollars

1956

1957

1958

1959

i n d e x , 1947 - 4 9 = 100
120

NEW CONSTiOCIION ACTIVITY
(seasonally

i

Index, 1 9 4 7 - 4 9 = 100

SALES OF RBAIL STORES

Billion

i

!958

Dollars

iseasonuiiy

i

COTTON CONSUMPTION

adjusted)

(daily average; seas, adj.)

H O h
Total

Private
^esidenfiai
(nonfarrn)

&oo H*

90 h

1 t
0 LLIJJLJLJLlJLiJJLljJ-L..I 1 I i | M | 1 1 I i i i 1 M- I i j 1 i IT i | I M i i i
1956




1957

1958

1959

80

I i i i i i 1 i i i .1 •-LLLL-L.I I I I M I I I I I I I I .1 I I I I I I I I I I I I I M

1956

1957

I95B

1959

I I

70

2

WEEKLY BUSINESS STATISTICS*
1

1959

I960

ITEM
Jan. 10

Jan. 3

Dec. 19

Jan. 2

Dec. 26

Jan. 9

Commodity prices, wholesale:

22 commodities 2/.....
Department store sales........................

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

F i nance:
Currency in circulation 4/...
mil. of dol..
Federal Reserve bank credit outstanding, total 4/
do....

!

85.6
104
2,829
2,575
169

*I19.2
*90„6
* 108.8
* 127.2
85.6
121
2,835
2,572
321

32,458
28,910
19,167
656

32,008
28,275
19,13!
543

32,798
29,365
18,809
473

63,507
30,375

62,903
30,036

34;627

34,078

11,487
4.40
55.21
58.97

1 1,426
4.40
54.89
58.51

118.9
85.7
104.9
. 128.5
83.8
318
1,857
1,699
285

118,8
84.9
104.6 !
128.5 i
82.9 i
246
2,074
1,911
195

i I8C8
85.0
104.8
128.5
83.2
113

1 IP Q

85.1
105.2
128.6
83.8

226

242

32,924
29,983
19,27!
685

32,893
29,629
19,030
485

32,519
29,318
19,160
545

63,446
30,230
105,330
27,783
30,423
12,651
4.88
58.97
63.44

62,482
30,401
104,935
27,496
30,490
12,652
4.89
58.96
63.43

63,265
30,473
105,398
27,467
30,485
12,652
4.90
59.77
64.38

4.90
60.13
64.75

Reporting member banks (of F.R.System) in reading cities: j>/

Stock prices, 500 stocks (Stand. & Poor's) j>/...1941-43*10..
Production:

Petroleum (crude) and condensate 4/.........,thous. of bbl..

1,403
12,364
Ml,519
7,122

1,366
13,554
156,051
7,052

1,564
14,150
174,627
7, 139

1,370
13,349
119,519
7,109

1,465
13,425
130,041
7,068

2,058
#76.2
468
244

2,085
73.6
550
279

2,726
96.3
615
324

2,641
93.3
469
250

2,726
96.3
483
265

190,201
2,715
##953

±/ 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. Aj Daily average. j>/ Wednesday data. £/ Week beginning January 11, I960:
Production, 2,715 thous. short tons; operating rate, 95.3 percent. * Monthly index for December 1958. # Based on January I, 1958, annual
capacity (140,742,570 tons); subsequent rates through January 2, I960, based on January 1, 1959, annua! capacity (147,633,670 tons).
## Beginning January 9, I960, rates are based on January 1, i960, annual capacity (148,570,970).

MONTHLY BUSINESS STATISTICS
1959

1958
ITEM

September

December

November

November

October

December

CONSTRUCTION AND REAL ESTATE
NEW CONSTRUCTION PUT IN PLACE (UNADJ.), TOTAL....m 1. of do 1..
do....
......do....
......do....

......do....

NEW CONSTRUCTION PUT IN PLACE (SEAS. ADJ.), TOTAL. ••••••do....

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

do....

r4,880
r3,460
r2,036
r1,565
r403
r770
r!7l
348
155
477
r1,420
r368
rll7
568

r4,435
r3,3l8
rl,9l9
r1,457
r393
790
rl85
r354
136
r450
rl,l!7
r32l
r!08
370

4,116
3,108
1,758
1,320
366
789
200

r4,3l3
r3,129
r 1,811
r7l8
r!69
318
155
423
r1,184
r338
r95
418

r4,234
3,100
1,762
731
rl80
r3!7
158
r425
r1,134
r330
rl04
381

4,380
3,198
1,808
769
196

539

r4,427
r3,196
r 1,855
734
168
329
153
436
1*231
345 j
102
443 "

10,261
794
6,775
2,692

6,703
283 ,
3,000
3,420 |

4,604
3/-2I3
2,565
2,252

!
|

5,315
390
2,902
2,023

!42

'

143

4,503
3,100
1,788
1,375
354
754
170
33!
107
434
J,403
386
166
507

4,109
2,900
1,679
1,329
291
716
168
310
94
395
i,209
367
118
399

r5,102
r3,574
r2,!05
rl,6l9
r4!6
773
166
352
183
493

4,328
2,907
1,653
702
167
298
124
410

4,424
2,988
1,733
699
166
300
126 !
412

1,421
395
160
523 1

1,436 1
400
!35

1,528
380
129
625

341
121
417
1,008

321
10!
286

331
161
434
1,182

347
115
381

Highway concrete pavement contract awards: 2/

CONSTRUCTION COST INDEX:

of sq. yd..
do....1
do....
do....

8,589
604 !
5/697
2,288

947-49=100..1

S39

i

130

'

143

r_/ Revised. U Except farm and public utility. 2/ Data for December 1958 and September 1959 are for 5 weeks; other months, 4 weeks.

3/ Negative figure due to termination of contract reflected in earlier data.
http://fraser.stlouisfed.org/
9192

Federal Reserve Bank of St. Louis

3

MONTHLY BUSINESS STATISTICS — Continued
1958

1959

!

ITEM
November

December

September

October

November

December

DOMESTIC TRADE
Newspaper advertising:
Linage (52 cities), total..............thousesnds of lines..
do....
do....

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

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

„mi1. of dol..
...do....
do....
do....

17,039
5,343
2,756
937
929

21,174
6,390
3,214
1,176
919

17,570
5,709
2,878
921
1,093

19,095
6,420
3,520
988
1,104

r17,635
r5,502
r2,807
r992
956

21,657
6, 106
2,790
1,258

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

11,696
1,119
541
1,204
4,188
1,338
2,018

14,784
1,854
738
1,243
4,475
1,369
3,358

11,861
1,120
591
1,378
4,215
1,419
1,917

12,675
1,197
608
1,374
4,594
1,462
2,107

r 12,133
r1,170
r575
r 1,276
r4,173
r 1,433
r2,191

15,551
1,970
793
1,346
4,758
1,403
3,612

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

16,961
5,521
2,906
883
942

17,603
5,825
3,256
868
919

17,783
5,774
3, 105
928
964

18,341
6,360
3,690
924
951

r17,840
r5,681
2,961
935
972

17,644
5,399

11,440
1,033
565
1,232
4,215
1,342
1,777

11,778
1,101
580
1,243
4,242
1,356
1,887

12,009
1,111
618
1,319
4,267
1,411
1,958

11,981
1,079
609
1,335
4,294
1,435
1,940

r12,159
1,119
607
1,306
4,390
1,438
1,966

12,245

24,840
10,620
14,220
23,600
10,460
13,140

23,210
10,640
12,570
23,980
10,810
13,170

24,270
10,660
13,610
24,770
11,500
13,270

r25,140
rll,l30
r!4,010
r24,730
r11,590
r13,140

25,190
10,950
14,240
24,230
11,020
13,210

4,483

6,023

4,371

4,836

4,559

3,865
258
92
73
47
1,260
1,567
69
72

5, 178
434
149
75
47
2,093
1,659
55
101

3,833
267
99
84
38
1,199
1,562
80
78

4,243
273
101
83
39
1,318
1,807
77
88

3,995
269
98
76
41
1,370
1,558
65
78

3,698
240
97
74
42
1,102
1.573
71
76

3,789
258
100
72
39
1,135
1,597
65
72

3,929
259
103
81
39
1,211
1,649
68
82

r3,92l
248
101
79
34
1,214
1,654
66
86

3,939
258
104
79
37
1,214
1,652
67
83

,1947-49-100..

166
137

251
143

145
143

150
144

rpl76
pl45

„bi1. of dol..
do....
do
Inventories, estimated (unadjusted), total... ........do....

11.5
4.2
7.3
12.0
6.1
5.9

12.0
4.2
7.8
11.6
6.0
5.7

do....
F i nanc ial.......................•••••••a.
........do....
do
ALL RETAIL STORES: U
ESTIMATED SALES (UNADJUSTED), TOTAL

ESTIMATED SALES (SEASONALLY ADJUSTED), TOTAL.
Automotive group.. ......••••.............

.do....

Gasoline service stations...............

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

Estimated inventories:
do....
do....
do....
Retai1 firms with
Estimated sales
Retai1 firms with
Estimated sales

4 or more stores:
(unadjusted), total......... ........do....
II or more stores:
.do....
(unadjusted), total

A p p a r e 1 g r o u p es**aa*6SSSSSSS3Se

do....
do....
...do....
do....
........do....
Tire, battery, accessory stores
Estimated sales (seasonally adjusted), total

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

Furniture, homefurnishings stores
do....
Lumber, buiiding-materla Is dealers
do....

!

i

DEPARTMENT STORE SALES, UNITED STATES TOTAL:
WHOLESALE TRADE:
Sales, estimated (unadjusted), total.

do....

i

13.0
4.9
8.1
12.6
6.5
6.1

13.0
r4.8
8.1 1
12.8 1
6.5
6.3

12.5
4.6
7.9
12.8
6.4
6.4

r3.1
2.0
r4.7
1.4
r2.8 '

p2.8
pi.4
p4. 1
pl.O
p2.7

EMPLOYMENT
LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS
00 employees..
.do....
........do....
Quit

2.8
1.3
2.8
.8
1.6

j~/ Revised. j>/ Preliminary. ±/ Data for December 1959 are advance estimates.

9192


2.4
1.1 !
2.8 1
.7
1.8 •

3.9
2.6
4.3
2.2
1.5 •

p264
p!5l

MOMIHLY BUSINESS STATISTICS — C@nflnyed
1959

!958
ITEM
October

November

TRANSPORTATION AND COMMUNICATIONS

October

September

November

- — —

~~~~

OPERATING RESULTS ON SCHEDULED AIRLINES (DOMESTIC TRUNK): \J
Miles flown, revenue.......s s e o o affla „ a....... S o 0 esthousanc!s a0
Express and freight ton-miles flown 0 ... 0 . c .. # ... s o ....do. e oo
Mall ton-miles f lown a ..«•••••••••«••••••••<••••••.•••• .do.•••
Passengers originated, revenue B a 3 . s » 6 a » 8 » 9 6 » a 9 » 9 o » 9 e 0 8 d o e 3 0 0
Passenger-miles flown, revenue 0 O @ . O 0 .... o s „., e . o s .mlIJions f f l »

August

59,370
29,487
9,123
3,563
2,101

49,046
24,262
8,347
2,957
1,777

66,548
29,342
8,997
4,193
2,735

63,32!
31,231
9,310
4,034
2,515

64,247
32,789
10,138
3,988
2,385

r62,360
r55,260
r7,100

r60,880
r53,893
r6,987

69,562
63,084
6,478

64,846
58,585
6,261

65,499
59,032
6,467

48,338

47,845

53,658

54,079

52,061

8,699
r24,333
r30l
12,462

8,364
23,817

SO,611
25,297

10,687
25,354

9,810
25,191

304

363

364

380

12,898

14,190

14,581

13,916

900
493

794
526

1,499

1,343

446

478

978
524

1,096

1,094

1,193

1,211

1,210

53

48

60

® ® a © © S O ® f f l ©

. •••••• ...
» • a a . a a. • a

aeeas6Seee

eaSK9.*.ae

ELECTRIC POWER
ELECTRIC POWER?
Production, total • •••• •••••• •••••• „ e e<5.a6,®eems 1, of kw.~hr o e
E iectric utl1ities'«« •••••••••••••••••••••••• ••••••••do..,.
Sales to ultimate customers, total (Edison Electric
Institute)..*..............®..»,»...9«,..«mi 1. of kws»hrffi0
Commercial and Industrial:
Small light and p o w e r 0 8 , , S 8 9 e , 9 S B o o , e » 8 e . o t , 6 . » 6 . 8 C l o 8 0 B e
Large light and p o w e r o s . o a . e 0 0 0 . . . . e 3 e e e . 0 o o e • » ® . & d o e o e e
Rai Iways and rai Iroads..8 . 0 O B e . e e 9 S . o « . »,».„,,,
do89„
Residential or domestic****•.............<>..•.*.. s0 .do sOEO
Rural (distinct rural rates}.....». e e o ...•....•.• ••.do.. a e
Street and highway 1 i g h t i n g „ 8 8 0 „ 0 8 e e 8 0 6 0 0 0 ( , 9 8 . 0 . 6 6 8 d o . 0 . .
Other public author ities...... .... • • • .... • • .••••• . 0 0 d o .e o e
1 nterdepartmenta ! e s e . , S S S o S e o . . S o . 8 9 a 0 o o 0 e G 0 o . . e 0 , , . . 3 do....
Revenue from sales to ultimate customers (Edison.Electric
1nst.itute)..•.,.•.•...••••••..••••....••...mi 1. of d o l o s

60

51

65,275
58,433
6,842
9

.

e 8 a o e e

. e

• •••••••••
' . . . • • •

« 0 ®

S

,, , : c ,o,o :

..........
sosesassso

• •••••••..
O.....SOSO

6 a .« e f f l .. e s

821.5

814.7

906.9

921.5

891.1

3,272
2,679
3,266
2,667
9,025
5,484

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

3,171
2,528
3,137
2,530
8,816
5,099

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

118.9

83.3

134.1

131.3

140.8

131.2

467
295

426
238

355
273

433
386

1368

1,407

2,161

342,324
149
149
272,241
263,491
69,934
55,865

605,334

316,060

167
124

82
58

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

255,831
252,556
60,147
47,959

......a.*.

LUMBER AND MANUFACTURES
LUMBER (NATIONAL LUMBER MANUFACTURERS ASSOCIATION):
Production, total•.•••...•••••••••••.•••..•.mi 1. of bd. ft..
Softwoods..........,,.....•..........••.•....•...•..do....
Shfpments, tota(••••••••••••••••••••••••.••••••••••••.do....
S o f t W O O d S . .. . . . o e a o s s s s a . ^ s e o o e a o s e s e o o . .oesososa.es. » d O .

. .

s

Stocks (gross), mill, end of month, total s s ......... e .do s ,..
Softwoods. ••••••• •••••••... ••••••••••••••••••••••• e e > e d o e e o o
METALS AND MANUFACTURES
Foundry equipment (new), new orders, net
m o e avg 9 shipments, 1947-49=100. e
Industrial trucks -(electric), shipments?
Hand (motor i zed)...................................•number.„
R1 der-type 8 e , o e 8 e , , 8 „ B 8 , , o , s . . 6 . . » » . » 9 . , . 9 B e 8 a » 8 < . 8 o » d o ! > , , ( 1
Iridustrfal'trucks and tractors (gasoline-powered), shipments.... S 5 , e g o e e s s e 9 t J £ , o 0 @ 9 » 9 9 8 » . 9 < , e 8 S M S » 8 9 3 » 8 9 M 6 t i o » cSO

2,226

400

561
443

2,520

2,462

632,420

321,977

621.

TRANSPORTAT1 ON EQUiPMENT
MOTOR VEHICLES, FACTORY SALES, TOTAL...................number..
Coaches, tota 1
„
.......o
e
do,,..
D O m e S t f C

s e s 9 e o a

o

e e

o o o o o o

s

o o o o o o o

0

o o

o o

a o o 0

o o

0

o o

S

o

0 0

c

G

d 0

0 0

o

0

Passenger cars, total e s o . O Q •.. o s Oo«o o o e . coo*.0 0 * ». 0 O o e d o B O oo
Domestic.•••••....••.•.••••••o*...<*.«<> o S .«„ O O B O O ....do...*
Trucks, tota1......„.........„......„„.••.......•..•..do...*
DOmeStlC

-

,...ooo.oooo...«o.o

0

oo

oooooooooooo

ooo

0 0 0

o

0

od0

0 €

,

0 0

309, 1 17

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

180
S70

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

267,829
259,633
53,968
37,999

r/ Revisedu J./ Data, beginning January S959 Include operations intra-Alaska and intra-Hawaii.
USCOMM-DC-9192

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D, C.
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

Y OF CURRENT BUSINESS




PENALTY FOR PRIVATE USE T O A V O I D
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