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January 25? 1957
SINESS
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 to those published in t h e latest monthly SURVEY
SELECTED BUSINESS INDICATORS
BILLION DOLLARS
BILLION DOLLARS
95
TOTAL
LOANS
A N D INVESTMENTS
A,erage of Wednesday data
< 95
'
Wednesday data
(Federal Reserve Weekly Reporting Member Banks)
90
^S
85
-,
H 90
1956
/
\>^ 1957
^ - ^ K > ~ - ^ - - ^ ^ l
H 85
\
S955
80
-
80
75
-\
75
70
^
i
1 1 1 1 1
1953
l
I
l 1 1 I 1 1 I 1
i
1 1 8 1 i
8 1
1 1 1
i
i
1 1 t
1955
1954
1 \
1 i
1 1
I I I II
1 I I I I J j J 70
d F M A M J J A S - O N D
1956
INDEX, 1 9 4 7 - 4 9 = 100
INDEX, 1 9 4 7 - 4 9 = 100
250
250
MontMy
ELECTRIC POWER PRODUCTION (by utilities)
(seasonally adjusted)
225
—
—\
.1957
225
Yy^^J^A
200
A
200
175
A
A 175
1 5 0 jX^L-L
1 1 1 1 1 1 11
1953
1 1 1 1 1 1 1 1 1 1 1
1 1 1 1 1 1 1 1 1 11
1954
1955
i
i
i
i i
I i
i
i i
i 1
1956
INDEX, 1 9 4 7 - 4 9 = 1 0 0
INDEX,
180
120
I I I I I 1I I I I J
J F M A M J
I 50
J A S O N D
1947-49=100
TOTAL INDUSTRIAL PRODUCTION
FREIGHT CARLOAD1NGS*
(F.R.B. seas. adj. index)
(seasonally adjusted)
no
160
100
140 h
90
120
80
* Average per working day
100
I I I I I I I I I I I I I I 1 l i I I i l i M I I I I 1 I I l I I I I I I I l l l 1 I I 11 1
1953
1954
1955
1956
70
i »' I I I I M I I I I I [| | | I I I i I I 1 I I 1 I I I I 8 I I I 1 I I M I I M I I I
1953
1954
1955
1956
WEEKLY BUSINESS STATISTICS1
2
1957
1956
ITEM
Jan. 21
Jan. 14
Dec. 29
Jan. 12
Jan. 5
Jan. 19
Commodity prices, wholesale:
1 nsured unemp loyment, tota 1
thous..
F i nance:
Currency in circulation 3/
.
.mil. of do!..
Federal Reserve bank credit outstanding, total 3/....do....
Excess reserves, estimated 3/
do....
Federal Reserve reporting member banks in leading cities:4/
Demand deposits, adjusted..
mil. of dol..
Commercial, industrial, and agr. loans (gross)...do....
Bond yields, domestic corporate (Moody's) 3/.
percent..
Stock prices, 480 stocks (Stand.& Poor's) 4/..1935-39=100..
Industrials, 420 stocks
do....
Production:
Bituminous coal 3/
thous. of short tons..
Electric power, by utilities.
....mil. of kw.-hr..
Petroleum (crude) and condensate 3/.........thous. of bbl..
Freight car loadings, total........
....thous. of cars..
••92.6
112
1,564
1,450
116.3
88.5
103.7
124.6
••92.5
93
1,828
1,702
116.3
88.2
103.5
124.7
92.0
107
116.6
89.0
104.1
124.9
92.3
30,632
25,872
19,136
593
31,992
27,842
19,790
711
31,829
27,524
19,856
761
31,479
26,809
19,701
739
31,108
25,954
19,300
525
58,421
21,583
85,710
29,686
26,426
8,127
58,572
21,544
85,467
29,509
26,322
8,150
58,214
22,086
87,925
26,654
31,313
8,852
57,629
22,088
87/634
26,774
31,137
8,839
57,770
22,204
86,198
26,272
30,759
8,822
245
3.32
323.8
372.8
269
3.30
321.3
369.7
174
4.02
340.9
399.3
222
4.06
339.9
397.3
256
4.06
339.7
395.5
1,773
11,594
174,742
7,014
1,757
11,521
169,289
7,045
1,020
11,196
112,082
7,392
1,483
11,671
102,217
7,417
1,727
12,327
167,451
7,396
2,428
#98.6
710
364
2,437
#99.0
699
359
2,322
#94.3
488
268
2,490
97.3
562
299
2,519
98.4
681
349
89.8
104
1,578
1,441
•II 1.9
•84.1
•98.3
•120.4
88.3
98
1,613
1,473
30,914
26,375
19,453
728
278
4.05
334.0
388.1
169,128
2,467
96.4
J/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3_/ Daily average. ±/ Wednesday data. 5./ Week beginning January 21,
1957: Production, 2,496 thous. short tons; operating rate, 97.5 percent. • Monthly fndex for January 1956. «• Wednesday price. # Not
comparable with 1957 rates, which are based on higher capacity.
MONTHLY BUSINESS STATISTICS
1956
1955
ITEM
November
December
September
October
November
December
GENERAL BUSINESS INDICATORS
Industrial production (FRB):
.1947-49*100..
do....
do....
do....
Metal fabricating (including ordnance). ........QO....
do....
do....
do....
do....
do....
do....
do....
do....
Metal fabricating (including ordnance). ........oo....
do....
do....
do....
Instruments and related products.....
.do....
Misee 11 aneous manufactures
rj Revised. j>/ Preliminary.
.*,..,*
,do s . s .
146
147
162
145
172
143
176
rl80
172
150
152
rl68
149
rl80
145
181
r202
174
ri47
rl49
rl67
rl47
rl8l
rl38
r!77
r2l9
rl74
pl44
pl46
pl66
pl46
pl8l
pl37
pl75
p223
pl74
128
113
153
149
125
133
157
150
127
130
165
rl54
rl22
rl 17
rl60
150
pl25
pioe
pl57
pl46
132
135
140
127
87
147
125
130
141
127
91
151
rl34
rl39
145
132
91
147
rl37
r!45
140
rl32
93
rl47
rl32
144
rl4l
131
90
rl50
pl26
143
145
161
149
172
139
rl63
212
158
144
146
161
150
172
138
rl64
212
159
146
rl48
164
147
177
142
rl75
r203
rl72
rl46
rl47
rl65 1
rl47
180
rl38
176
r2l6
rl72
pl47
pl48
pl66
pl49
p 181
pl38
pl75
p2l9
P«73
122
122
157
146
rl 17
120
rl59
143 !
pl20
pl20
pl59
p!43
145
148
163
149
174
139
164
216
159
142
143
161
147 !
173
137
164
214
161
128
124
157
152
123
124
156
• 45
123
126
154
146 1
145
147
164
148 1
176
142
176
198
172
124
126
154
!46
!
pl44
pl28
p83
pl55
MONTHLY BUSINESS STATISTICS — Continued
1
1955
3
1956
STEM
November
1 December
September
October
November
December
GENERAL BUSINESS INDICATORS - Continued
Industrial production (FRB) - Continued
Adjusted index - Continued
Manufactures - Continued
130
130
139
125
80
147
130
128
141
129
87
151
129
rl38
159
177
212
150
117
148
165
193
142
111
151
167
196
143
114
ri3l
r 141
r!29
139
pl3l
139
pl44
pl30
p80
pl55
85
140
130
83
rl47
r!50
113
111
59
159
118
rl28
rl40
r!52
rl 18
rl 14
rl50
rl65
187
r!48
114
129
135
119
151
115
rl25
rl32
r!4l
10,157
11,539
9,583
945
70
133
196
462
84
908
73
136
191
404
104
143
128
87
147
r!28
Consumer durables output (FRB):
133
105
159
164
142
pl39
pl5l
p!77
p 131
pi 10
ri 12
p!37
pl48
pl62
pl36
p 113
11,546
9,749
10,788
932
72
146
140
489
85
1,158
82
182
198
584
112
999
86
171
166
482
94
982
83
183
172
472
72
50,279
3,780
8,149
130
117
143
r i 12
148
136
Business incorporations:
Industrial and commercial failures:
42,783
1,239
9,744
14,106
12,626
5,068
41,643
1,106
7,341 !
11,1m 1
10,775
10,867
39,313
2,058
7,840
y,:oy
15,656
4,220
50,004
3,629
11,145
39,886
1,854
11,099
1 1 t3*Z>
1 1 , # i«*
12,368
5,517
11,476
3,743
10,946
5,619
54,856
1,797
1,388
50,551
1,921
1,438
53,757
2,025
1,540
48,669
1,706
1,332
42,865
1,689
1,354
30,378
1,576
1,074
244
243
270
252
244
233
301
273
254
251
237
224
251
250
248
230
r2l7
r|90
r242
rl97
269.1
265.1
266.7
270.1
266.1
267.3
280.8
276.7
277.0
281.0
276.9
277.0
281.4
277.3
277.3
281.9
277.7
277.4
276.8
274.4
265.2
266.9
259.4
278.1
275.3
265.7
267.3
260.8
288.9
288.6
275.9
275.4
274.9
289.2
288.8
276.0
275.3
275.1
289.6
289.1
276.3
275.5
276.1
290.2
289.6
276.5
275.5
276.4
267.4
261.3
268.0
261.9
277.4
270.5
277.4
270.3
277.6
270.6
277.8
270.6
5,775
r6,!30
9,427
6,169
6,296
8,896
6,497
6,424
10,344
6,500
r6,670
9,753
5,947
6,171
9,135
700
1,662
6,857
1,162
633
1,617
7,324
1,155
661
1,617
4,979
1,167
872
1,959
6,347
1,439
763
1,807
6,559
1,139
l,4!2
1 347
1 -368
1.685
1,436
353.2
245.5
137.1
356.8
243.6
138.4
307.7
217.4
1 17. 1
r36l.4
r252.3
r136.5
315.6
216.9
114.6
63,186
49,545
43,308
49,6281
r94,9IO
r48,903
64,881
50,162
C1,(UV
CONSTRUCTION AND REAL ESTATE
Construction contracts awarded, 37 States (F.W.Dodge Corp.):
Construction contract awards (F. R. indexes):
Total unad iu«;+ftd
.
. . . . ............ 1947-49=* 100. -
Construction cost index:
E. H. Boeckh and Associates:
Apartments, hotels, and office buildings:
Brick and concrete
U. S. avg. 1926-29=100..
Commercial and factory buildings:
Res i dences:
FOODSTUFFS
Beer:
Livestock slaughter (Federally inspected):
METALS AND MANUFACTURES
Closures (for glass containers), production**....••milHons,*
Aluminum shipments:
0i 1 burners:
jji
lAcviawu,
gf n o i i H M M u i
jr.
97,746
51,778
605
1,686
5,698
1,062
MONTHLY BUSINESS STATISTICS —Continued
November
METALS mD muUFhCimES - Continued
Stoves and ranges, domestic cooking, excluding eS©Ctrlcats
ShSpments, tota1©.»®»«.«»«......0...................number©a
Ooai arid wood••.©•.••••.••.«...o......»..»e....o».©d©„©..
Gas (including bungalow and coinbination)#*....#...*do«.##
Kerosene, gasoline, and fuel ©I l@@.@.e#s®ee®Q<».s@s@d©®9..
Stoves, domestic heating, shipments, total###«**«......do#a«.
L>oai and wood S9Se09l)ses$9S9 , eei ,, sse# , e<)ses4e , te0s()99 ,cio ees9
%3&S
1956
1955
ITEM
ffiae®aa©@..«la©8®<j<a®<S(S........e....................
©QO® . . .
Kerosene, gasoline, and fuel ol (•••••••••••••••••••••do«„.
*3>«3» . s e e . ® . . © . ® . . © ® . . © . . . . . . . . . . . . . . . . . . . . . ® . ® . » . . . . # » OO® . . .
U I l 9 < t g g 0 t e « » e ( | i e 9 e « « e ( l t « t t ( > ( ( l ( , ( ( ( ( e 9 , ( i ( t t 9 g , 9 9 { »flOe © . .
3 0 1 1 Q T U e I © . © . © . . . . . © . ® © ® . . . . . . . . . . . . . . © . . © . . . . . . . . . ®Q©« . . .
Foundry equipment (new), new orders, net
mo, avg. shipments, 1947-49=100..
RUBBER AND RUBBER PRODUCTS
Tires and tubes;
Pneumatic caslngss
Product ion®® a @o9.a..«,........„«
dgo^so.tthousands,.
.......do..«.
.......do....
September
December
November
October
198,852
7,053
183,531
8,268
167,452
6,476
152,914
8,062
204,446
5,789
190,984
7,673
217,898
6,536
202,850
8,512
161,070
5,537
S49,675
5,858
303,546
47,447
212,565
43,534
137,615
18,373
90,908
28,334
347,688
58,212
195,533
93,943
383,582
63,483
224,507
95,592
242/322
30,905
160,611
50,806
120,948
77,427
37,202
6,319
184,761
79,728
52,734
23,623
. 3,371
175,173
154,509
94,845
51,638
8,026
217,277
133,321
81,462
45,1 18
6,741
225,632
99,543
62,987
32,303
4,253
182,266
December
©OQOOOOOOO
O©oooaosoe>
ooeooooaoo
.©...©.as.
©oaooeaooo
osoooeeooo
S54.4
183.9
114.7
122.2
121.0
9,603
8,045
4,303
17,727
8,478
7,515
4,045
18,778
7,800
6,952
1,553
17,648
8,799
7,776
2,908
18,775
7,641
7,518
3,586
18,803
3,052
2,875
6,734
2,719
2,686
6,833
2,773
2,777
6,056
3,025
2,877
6,469
2,585
2,792
6,250
741,555
r852,l35
822,180
732,319
880,549
631,507
r20,904
19,352
rIO,156
508
9,393
20,988
19,440
IS,848
474
10,992
20,308
18,780
11,436
457
10,678
20,343
18,839
9,847
492
9,162
20,289
18,786
11,952
r478
11,145
20,237
18,736
8,681
434
8,062
r3,832
2,749
2,331
r1,083
3,814
2,714
2,696
1,100
3,458
1,835
1,821
1,623
5,666
3,728
3,728
1,938
6,740
4,367
4,322
2,373
7,260
4,272
4,272
2,988
399
390
38
38
860
851
39
39
706
684
26
25
791
679
5
5
842
724
oaooosooao
Inner tubes;
do....
do....
. . . . . . ««0»e » ®
TEXTILE PRODUCTS
Cotton; 1/
Manufactures:
Spindle activity (cotton system spindles):
Active spindles, last working day, total** ..thousands..
do....
Spindle hours operated, all fibers, total..mi I. of hr8.
do....
do
TRANSPORTATION EQUIPMENT
Railway equipment, American Railway Car institute:
Freight cars:
.do....
do....
do....
Passenger cars, equipment manufacturers:
Orders unfilled, end of month, total..,.«..« e s s e
e
»«dO»e.e
do....
.do....
rj Revised.
&, 'iy
[
715
700
46
42
9
5
J / Data for December 1955 and September and November 1956 cover 5 weeks; other months, 4 weeks.
3
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE. $300
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GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D. C.
O F F I C I A L BUSINESS
FIRST CLASS
WEEKLY SUPPLEMENT
SURVEY OF CURRENT
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