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.«n»ENTQf r „ January 29, 1960 A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only w i t h subscription t o the SURVEY OF CURRENT BUSINESS, at $4.00 annually, t h i s Supplement provides selected weekly and monthly data sob-sequent t o those published In t h e latest m o n t h l y SURVEY SELECTED BUSINESS INDICATORS Thousands 250 Thousands 000 MOTOft VEHICLE PRODUCTION Weekly Monthly (cars, trucks, coachesj UL S. plants) 200 800 ^wm 600 _ 150 400 — 100 200 — 50 , . , . , , , , , , , 0 _ i _ , _ _ i _ _ I _ _ i _ j _ _ • _±_ » J_J__ 1S59 1358 1957 , , , , , ! , ,'-, , , Index, 1 9 4 7 - 4 9 = 100 200 STEEL PRODUCTION (Ingots a n d steel for costings) j j j j j J j j « i J j J 0 J F M A f V I J J A S O N D 1960 Index, 1947-49= iOO 200 Monthly Weekly ^•1960 150 - 100 - H 150 100 1959 50 0 - - _ \ ±_j M| a i ) , ,t , i j t II _JL—l—l-J \ 1, 1 » 1—1 1— —i i i—i L J L 1—L-L-LJL— —L-J—L-J—l—1—1—1 1—1—LJ I960 1959 S958 1957 u H AUu±aaJ^LJ^J^±J^ J F M A W f J J A S O N D Index, 1910- 14 = 100 320 PRICES RECEIVED AMD PAID BY FARMERS 300 h 280 LLJJJJJJJXLJJU^^ 1956 1957 260 h 240 h 220 1958 1959 n t | > n i i I i i i i i I i i i i i j i i i n 11 i i i i h i i n I i i i i i 1957 S958 S959 1956 50 2 WEEKLY BUSINESS STATISTICS' 1959 i960 ITEM "3an. Commodity prices, wholesale: All commodities. « ..1947-49=100., Farm products •••• ••••••••••••••••••••••••.do..., Foods, processed •••• «.........•• •••• do.... Al 1 other. .......... ...... do..., 22 commodities 2/............. .. do..., Department store sales.. „.. .do.... Insured unemployment, total J>/... .....thous., State programs (incl. Alaska and Hawaii)........ do..., Failures, industrial and commercial....................number., F i nance: Currency in circulation 4/.......................mi J. of dol.. Federal Reserve bank credit outstanding, total £/....,.do..., Member bank reserve balances ,4/.., ,. ••••do.... Excess reserves, estimated . 4 / . . . . . , . . . . .........do.... Reporting member banks Cof F.R.System) in leading cities; j>/ Demand deposits, adjusted.....................mi I. of dol.. Time deposits, except interbank ...............do...« Loans and investments (adjusted), total..... .do..., U. S. Government obi igations............ ..do..„< Commercial and industrial loans (gross)............do... s Real estate loans (gross).................... ao8 .,.do.«. g Jan. 24 17 Jan. 9 Jan. 16 Jan. 23 119.2 86.7 105.5 128.7 84.1 120 119.3 86,6 106.1 128.7 85.1 292 302 31,910 28,098 18,923 538 *II9.5 *9I.5 * 108,7 *!27.5 85.3 105 2,698 2,450 296 83.2 112 2,317 2,139 226 83.8 132 2,354 2,174 242 561 31,385 27,368 18', 769 535 32,893 29,629 19,030 485 32,51-9 29,318 19,146 509 32,282 28,633 19,034 568 62,886 30,061 63,383 30,067 33,801 34*862 °H*475 63,204 30,533 105,363 27,468 30,465 12,652 4,90 59,77 64.38 61,967 30,365 103,914 27,018 30,171 12,630 4,90 60.13 64.75 62,435 30,236 103,996 27,406 30,131 12,640 4.9! 58.08 62.23 85.2 116 2,730 2,479 294 31,710 27,708 18,901 S Jan. 2 Bond yields, domestic corporate (Moody's) ±/........percent,„ Stock prices, 500 stocks (Stand. & Poor f s) .5/.... 1941-43^10. 4 Industrials, 425 stocks.................. .......do...« Productions Bituminous coal &fa....................thous. of short tons.. Electric power, by utiSlties.................mi I. of kw.-hr. s Motor vehicles (cars, trucks, coaches)...............number.. Petroleum (crude) and condensate ,4/...........thous. of bbl.« 4.41 55.62 59.25 *°n*496 4.41 56.04 59.75 1,382 13,324 158,930 7.087 1,334 13,394 151,565 7,194 1,465 13,565 129,987 7,068 1,500 14,308 191,153 7,112 1,47! 14,236 203,855 7,146 Steel .6/ ............. thous. of short tons. Percent of capacity...................... .soeeeeeee Freight carloadings, total......... . .thous. of cars. M i see 1S aneous. .................... *......,..••• do... £74.6 586 301 2,056 #72.6 556 2R6 2,726 #96.3 483 265 2,715 95*3 592 314 2,727 95.7 606 322 2,\\\ .....••»• sees,.... ••••••••• 57.07 61,16 207,544 2,727 95e7 -J./ 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. 4/ Daily average. _5/ Wednesday data, 6/ Week beginning January 2 5 , I960: Production, 2,717 thous. short tons; operating rate, 95.4 percent. * Monthly index for January 1959, # Based on January I, 1959, annual capacity (147,633,670 t o n s ) ; rates after January 2 , 1960, are based on January I, I960, annual capacity (148,570,970). MONTHLY BUSINESS STATISTICS 1959 1958 ITEM November GENERAL BUSINESS December September October November December INDICATORS BUSINESS INCORPORATIONS: ±/ 12,117 16,512 .1947-49-100.. 123.9 123.7 do.... do.... .do.... do.... do.... 126.5 121.7 116.6 118.2 112.8 143.4 126.5 121.5 1 16.3 117.8 112,9 143.5 do.... ......••do.... do.... do.... ..do.... 107.7 119.4 114.5 121.1 113.5 107.5 118.7 114.3 120.1 113.0 109.0 118.7 115.5 124.1 do.... 128.2 118.2 103.6 138.7 147.6 129.0 129.7 do.... ........do.... 128.0 118.1 103.5 138.4 147.4 129.1 do.... ...do do.... do.... ........do.... 117.0 144^5 133.6 191.1 127.3 116.9 119.6 !46„4 133.3 191.8 127.3 13513 do.... 83.9 80.7 83.9 80.8 14,526 13,015 16,467 125.2 125.5 125.6 * 125.5 128.7 122.9 129.2 123.2 117.3 118,8 113.6 147.3. 129.5 123.1 117.2 118.6 114.1 147,6 129.5 123.1 117. 1 ! 18.5 1 13.8 147.8 109.4 118,4 116.1 124.5 109.0 109.4 117.9 116.0 123.4 107.9 109.2 117.8 1 16.7 125.5 106.6 130.1 121.7 104.1 140.4 152.5 132.5 130.4 121.7 104.4 140.5 153.0 132.7 130.4 122.7 104.2 140.8 153.2 132.9 120.0 149.0 137.9 196.0 131.6 120.4 lAfl 1 194.9 131.5 119.7 !48»5 137^4 195.9 131.6 83,5 79.9 84.0 79.7 84.1 79.6 **84.1 **79.7 14,664 . COMMODITY PRICES CONSUMER PRICE INDEX, ALL ITEMS Special group indexes: do.... do.... H7.0 118.8 112.8 146.9 1 10.4 121.6 104.0 140.0 152.2 132.1 137.5 197.2 131.7 PURCHASING POWER OF THE DOLLAR AS MEASURED B Y — * i Index based on 1935-39=* 100 is 209.8. * * Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices, 44.0; consumer data for Hawaii* prices, 4 7 . 7 , ±/ Includes 9215 MONTHLY BUSINESS STATISTICS—Continued 3 1958 1959 ITEM November December September October November December FINANCE AGRICULTURAL LOANS AND DISCOUNTS OUTSTANDING OF AGENCIES SUPERVISED BY THE FARM CREDIT ADM^: 3,791 2,065 526 1,199 3,812 2,089 510 1,214 183,092 64,804 38,224 r238,985 92,711 48,690 5,979 4,962 72 3,735 319 816 1,038 1 576 I 1,617 4,487 2,333 616 1,538 | ! 215,843 81,067 43,259 230,245 89,519 46,083 217,167 82,273 43,810 261,121 104,976 51,763 6,848 6,180 78 2,512 2,419 44! 1,397 9,552 8,486 99 4,100 3,311 704 1,338 3,626 3,023 90 1,468 491 278 1,299 7,152 5,897 94 4,444 405 965 1,244 8,350 7,582 99 2,733 3,180 527 l,8S! 6,237 607 5,629 7,080 647 6,433 6,357 718 5,639 6,868 732 6,136 6,598 743 5,855 6,844 800 6,045 47.4 30.0 23.8 58.2 33.2 24.9 56.2 32.2 25.1 56.9 r3la2 r23.8 60.9 p34.3 p26.6 66.8 p35.5 P26.7 57,31! 79,908 1,745 8,620 12,387 49,688 92,145 1,530 9,081 13,041 61,095 90,649 1,262 6,236 13,328 64,432 95,311 1,690 4,819 13,199 57,303 81,737 1,677 6,371 12,012 9,121 85,493 135,867 7,189 90,277 128,716 7,935 96,623 155,724 8,381 103,150 159,393 7,495 99,114 154,846 113 21,295 28,844 142 22,179 29,571 164 22,591 27,091 184 23,239 23,274 161 23,770 17,481 211,183 359,511 215,867 378,734 198,086 281,613 r220,205 r292,636 220,762 329,903 3,475 8,542 227 43,786 62,560 4,238 8,432 161 44,295 61,003 4,187 8,877 247 49,988 75,829 4,706 9,519 243 r51,754 78,938 4,096 8,857 106 48,322 73,625 27,692 85,649 26,262 10,382 9,246 78,666 26,503 81,563 26,901 10, 145 10,842 83,692 31,051 98,924 33,167 12,419 11,053 104,616 r34,146 r105,653 r33,197 r 12,878 r 12,804 109,338 29,366 100,470 25,541 12,362 11,777 110,802 | 4,511 2,318 4,462 2,345 642 1,474 4,449 2,360 622 1,467 FEDERAL GOVERNMENT FINANCE: KeCe IpTS , neT »..*..ee.»»«.s.9«e«»®9se©«9<f e s e , s o s e 4 i e a dO e sea Other internal revenue and receipts....«.afts9*<(!Seee.d0ee0e Interest on public debt e . 6 9 S s s e . s e e e . e s eeesd©soss TURNOVER OF DEMAND DEPOSITS EXCEPT INTERBANK AND U. S„ GOVERNMENT, ANNUAL RATE: CHEMICALS AND ALLIED PRODUCTS ORGANIC CHEMICALS, PRODUCTION: eeeee.aee e.soesooo Methanol: Superphosphate and other phosphatic fertilizers (100$ A.P.A.) SYNTHETIC PLASTICS AND RESIN MATERIALS, PRODUCTION: Cellulose acetate and mixed ester plastics: Nitrocellulose sheets, rods, and tubes 9998e.e99,doS9S. FOOD AND KINDRED PRODUCTS LIVESTOCK SLAUGHTER (FEDERALLY INSPECTED): 441 1,302 5,258 883 474 1,437 5,814 1,061 415 1,539 5,767 1,177 471 1,586 6,646 1,200 438 1,462 6,337 1,070 644 2,044 1,525 2,419 727 2,162' 1,768 1 2,379 492 . 1,795 1,792 2,674 497 1,912 1,894 2,601 461 1,771 1,754 2,634 5,907 6,025 *I,0I8 4,199 958 63 85 998 68 104 456 1,552 6,968 1,182 LEATHER AND PRODUCTS LEATHER PRODUCTION: METALS AND MANUFACTURES Pig iron, production (excluding blast furnace production *949 7,573 Castings, shipments: rj Revised. p./ Preliminary. * Includes blast furnace production of ferroalloys. 9215 850 76 ! 100 872 76 106 p826 P 57 ; piio ! ....*.... 4 MONTHLY BUSINESS STATISTICS — Continued 1958 1959 ITEM December- September 6,7! I 73 52204 1,535 S3' 22.3 1,705 14 24,0 313, S 112.5 91.6 1,279 53,294 373.8 103.4 80e0 3,519 19,088 373.3 97,3 74.3 r1,543 23,434 402.9 8703 63a3 1,362 18,526 197 267 1,809 284 !83 5,87! 244 195 1,89! 260 S8! 2,068 333.0 235,4 121.7 389.8 262.7 i30,7 r4I4o0 r287.! rI440 ! 37!. I 247,3 .127.8 43.90 34G75 43.95 37.80 3. I 330,5 58.85 50. 10 46, 15 42925 5.1 394el 66,65 51.15 5!950 46.15 5.1 374.1 r 54/25 r44s!0 r46o60 r4S010 5,2 3!2e8 p58s80 P48.35 p63o70 p55®55 p4s8 264,2 672 720 863 732 725 800 19,276 17,61! 9, 162 458 8,389 r19,273 17,616 rSO,141 r406 9,453 19,292 17,652 11,930 477 10,946 19,273 17,648 9,970 499 9,! 18 19,308 17,696 9,880 494 9,05! 19,326 17,709 11,039 442 SO,157 2,256 1,319 905 937 2,763 1,584 1,442 1,179 r2,6!5 r1,516 rI,506 1,099 r2,284 r 1,329 r1,329 955 r2,2l8 r 1,226 r 1,226" 992 3, S27 1,681 S,586 1,446 New orders, total..................................do.... EquIpment manufacturers, tota I...................do.... Domest ic do,.,. Railroad and private-line shops, domestic........do.... 6,525 4,628 4,398 1,897 3,706 2,004 2,004 S,702 943 941 94! 2 2,722 2,722 2,722 0 r2,424 1,274 S,274 r1,150 10,759 5,769 5,570 4,990 Unfilled orders, end of rath,. do,,,. Equipment manufacturers, total.,'.................do,.,. Domestic ,,,.,<,,» a,,,,.,,,,*,*....*... .,.8©OSB« ,doe «,*. Railroad and private-line shops, domestic ...... do.... 28,167 7,996 7,791 20,171 27,659 8,467 8,404 19,192 35,646 16,988 16,968 18,658 36,219 18,403 18,383 17,816 36,575 18,377 18,357 18,198 44,089 22,547 22,328 21,542 October November December METALS AND MANUFACTURES - Continued STEEL INGOTS AND STEEL FOR CASTINGS PRODUCT ION o Percent of c a p a c l t y 0 0 e O G a a . B 0 0 0 cthouSo short tons 0 1947-49=!00„ | n d e X o .»„.<,. . a O . O Q O O O . O . O O O O O . O Steel 7,268 60 105aS j rI 1,989 96 rl68Q5 forgfrigs ( f o r s a f e ) : thous0 of short tonsos Orders, unfilled,, end of m o n t h o s e Shi pments, tota 1 0 , e , 9 «. e » © s * a * o &0 , oooo.oooooooooo.dO.o.,, Drop and upset....... ...•••. e-O O O S O S dO . Closures (for glass containers) productI onc 0&aa c-mi I I Ions 0 0 C r o w n s , productions», s o O G O e«<,c„ ,„thous„ gross 30 FABRICATED STRUCTURAL STEEL: of short tons, c Orders„ new Cnet) thous G e SS Sh f pmeritS . . . . . . . a . . . oo.oo*.... s 90 coo o o . ^ o d O , . , ,c Back logj, end of months -, e -.-<- o« co«.o«oo..dO. Aluminum shipments: „,., m I S „ o f ! b 0 0 MI I 1 products and pig and Ingot (net), Mil! products , tota L , 8 « „ . 3 . 0 , „ . s t 0 « , 8 ,,«. o o a o o d 0 , PI ate and sheet e „ . , 0 » • = , « « c * » » e o o«c, © « , 0 , < - « 0 0»-. 0 , , ->» 0 «.e d O o , oc, MACHINE TOOLS (METAL-CUTTING A M D M E T A L - F O R M I N G ) : New orders C n e t \ , tota I c « »»a„„,-,u ,, * 0 *, o * * .» o * - ! S o of do L DOmeSt i C « « . o o . o o o „ oo o a o o , o o o e c o r » ,.....do... Shipments, t o t a f „ . . b „ . t oo...dc. & t J O 9 0 DOITieSt I C o o c . o c o c o o o o a B O C f 0 J 0 0 ot,ccecc,<„c1o^t.c!C,.oo^ ^ -, • oo odOoc c Estimated backlog (meiaf-cutting on l / ) u . „.s.«.«» . o o .months,. Washers,, sales- billed (o^mestic and export) J^/.c , thousands,, TEXTILE PRODUCTS COTTON: 2 / ..thouso of bales s Consumpt ion 0 „. 0 ...o«»o« Manufactures: Spindle activity (cotton system spindles): Active spindles, last working day s e e o o e o „ e e o t h o u s a n d s o e Consuming 100 percent cotton..,,,. (lte oi 1 «oc»o. 1 . 8 (io.„ ( , Spindle hours operated, all fibers, totat o s 0 „miIIions s o Average per working day,,,, ,„ ...do,.., Consuming 100 percent cotton e o .......^^^oo^odo,,,, 366 236 2,195 TRANSPQRTATI ON EQUIPMENT RAILWAY EQUIPMENT, AMERI CAN RAILWAY CAR 1NST S TUTE: Freight cars: Shi pments, tota Se(Eaa<,e,ses<8eo8.«,„,*««,..., «,<,.,,,, „, e .number eo Equipment manufacturers, total oaos0 .,...« soffl ,.. s .do.„,*, Domest ic.................................... ..do.... Railroad and private-line shops, domestic...... do.... rV Revised.- j ) / P r e l i m i n a r y . _[/ Excludes sales of combination v/asher-dryers; i n December 1959, sales of such types amounted t o 14,300 u n i t s , 2/ Data f o r December 1958 and September and December 1959 cover 5 weeks; other months, 4 weeks, USCCMM-DC-9215 UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST ClASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS HSNAITY FOR P f H V A H U$g T © A ¥ C ^ PAYMENT OF POSTAGE, $30€l