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January 3, 1958 STATISTICS BUSINESS 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 the latest monthly SURVEY SELECTED BUSINESS INDICATORS INDEX, S94I - 4 3 = (0 70 INDEX, 1941-43 = 10 70 Weekly Monthly PRICES OF 425 INDUSTRIAL STOCKS (Wednesday close) 60 50 1956 v^^v - H 60 \ \ 50 \ 40 - 30 A ?0 ..1 1 1 1 ! i 1 1 1 1 ! 1 1 1 I 1 1 1 1 1 1 1 I 1 1 1 1 1 1 I 1 1 1 J 1 .1 JL-J—LJL i-JL. J—L i 40 H ' J ' ' ' LJ J F M A M J 1957 1956 1955 1954 1957 i i i 30 i ^ 20 J A S O N D THOUSANDS THOUSANDS 1,200 I 250 Monthly PASSENGER CAR A N D TRUCK PRODUCTION (United States plants) 1,000 200 800 150 -i 100 600 h 400 2 0 0 Iflj J i i i i I i i i i i I i i 1954 1955 1 I I I I J F M A M J 1957 1956 INDEX, 1 9 4 7 - 4 9 = 100 200 J A S O N D INDEX, 1 9 4 7 - 4 9 - 100 I 200 Monthly STEEL PRODUCTION (ingots and steel for castings) Weekly - 175 H 175 1956 **^V S50 150 / 125 -\ ^ ^ \ 125 STRIKE 100 ^^%. X % «M ^ °» 9 ^as^v •">" "> * f ^&*^ \ j °» o> o» / 1954 \%/958 i i i i i 1 i 1955 i i i i *i'S ' —I—l—1—1—1—1—1—L 1 1 1 - 1956 _...! 1 J 1 1_ 1 1 1957 I.J PERI0D 100 L_l ' J F M A M J J A S O N D ' WEEKLY BUSINESS STATISTICS1 2 1956 ITEM 1957 Dec. 29 Dec. 22 Dec. 7 Dec. 84 Dec. 21 Dec. 28 Commodity prices, wholesales 92.3 265 1,292 1,186 *II6.3 *88.9 * 103.1 * 124.7 **92„6 I 112 1,564 1,450 117.9 91.6 106.3 125.7 84.5 215 2,011 1,842 118.! 91.8 107.0 125.8 84.9 266 2,113 1,94! 118*2 92.8 107.3 125.8 84.7 275 Finance: Federal Reserve bank credit outstanding, total 3/.....do.... 31,835 27,223 19,535 613 31,992 27,842 19,790 704 31,666 25,387 19,023 487 31,827 25,617 19,027 432 31,973 26,218 19,483 636 58,148 21,956 87,704 26,578 31,266 8,865 58,214 22,086 87,925 26,654 31,313 8,852 55,389 23,814 86,858 25,619 31,573 8,761 56,710 23,943 87,390 25,630 31,819 8,779 56,685 23,942 88,544 26,011 32,278 8,779 214 4.00 46.43 49.79 174 4.02 46.39 49.76 287 4.44 41.54 44.71 269 4.36 40.51 43.53 276 4.29 39.38 42.19 1,893 12,227 177,735 7,376 1,728 11,196 i12,082 7,392 1,500 12,315 162,233 6,850 1,488 12,570 168,194 6,884 1,563 12,412 163,071 6,915 2,525 #102.6 698 354 2,322 #94.3 488 268 1,831 71.5 618 314 1,770 69.2 603 307 1,742 68.1 590 292 32,089 26,687 19,666 709 Federal Reserve reporting member banks in leading cities; ±/ Commercial, industrial, and agr. loans (gross)....do.... Stock prices, 500 stocks (Stand. & Poorss) 4/...1941-43=10.. 166 4.26 39.52 42.36 Production: 91,434 1,366 53.4 ±/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4/ Wednesday data. ]>/ Week beginning December 30, 1957: Production, 1,510 thous. short tons; operating rate, 59.0 percent. * Monthly index for December 1956. ** Wednesday price. # Not comparable with 1957 rates, which are based on higner capacity. MONTHLY BUSINESS STATISTICS 1957 1956 ITEM October November August September October November GENERAL BUSINESS INDICATORS Business incorporations: 11,546 9,749 11,361 10,526 11,251 9,270 1,158 999 86 171 166 482 94 1,145 1,071 1,122 1,173 91 165 204 588 97 94 164 182 535 96 89 176 214 544 99 93 194 213 559 114 50,004 3,629 11,145 17,345 12,368 5,517 39,886 1,854 11,099 11,714 11,476 3,743 1 43,514 2,331 10,426 12,847 14,752 3,158 45,420 4,554 5,618 13,901 13,657 7,690 47,428 3,195 7,994 11,601 16,947 7,691 52,899 2,611 13,420 18,061 12,895 5,912 5.950 22.50 6.180 22.50 j 6.005 24.50 6.010 25.50 6.135 26.50 P6.2I5 p27.50 83.159 81.794 70.830 81.603 81.794 1 70.100 80.299 76.759 70.500 78.853 76.308 68.810 r78.6l4 r76.490 r67.690 p77.380 p77.240 p67.690 Industrial and commercial failures: 82 182 198 584 112 COMMODITY PRICES Wholesale prices of selected commodities: Wheat flour, short patents (Minn.)...dol. per 100 lb. sack.. Lumber: Douglas fir, const.,No. 1, 2" x 4", R.L..dol.per M bd.ft.. Southern pine, boards, No. 2, 1" x 6", R.L do.... Ponderosa pine, boards, No* 3, common, 1" x 8". do.... Pig iron: Steel: Steel bi1 lets, rerol1ing, carbon, f.o.b. mi 11 dol. per short ton.. Structural shapes (carbon), f.o.b. mill dol. per lb.. Scrap, No. 1,heavy melting (Pittsburgh).dol.per long ton.. Coal, bituminous: Screenings, indust. use, f.o.b. car at mine dol. per short ton.. Large domestic sizes, f.o.b. car at mine............do.... r/ Revised. ^ / P r e l i m i n a r y . http://fraser.stlouisfed.org/ 12697 Federal Reserve Bank of St. Louis 62.50 63.00 62.50 63.00 66.00 66.50 66.00 66.50 66.00 66.50 p66.00 p66.50 84.00 .0527 55.50 84.00 .0527 62.50 92.50 .0594 55.50 92.50 .0594 49.50 92.50 .0594 38.50 p92.50 p.0594 p32.50 5.426 7.546 5.432 7.604 5.597 7.405 5.572 7,558 r5.575 r7.6ll P5.575 p7.654 MONTHLY BUSINESS STATISTICS—Continued 1956 3 1957 ITEM October November August September October November DOMESTIC TRADE Printers8 Ink advertising index, adjusted; 206 206 151 210 148 34 393 204 191 164 199 154 38 380 45,467 4,187 12,971 8,489 5,421 3,354 44,079 4,950 11,430 8,870 5,108 3,408 38,849 3,774 11,683 7,541 5,523 4,366 76,087 6,882 4,008 3,834 7,008 10,039 73,091 5,090 7,246 2,689 6,712 8,205 45,501 4,403 3,457 1,748 5,560 5,410 68,708 7,716 3,143 3,801 7,064 7,354 74,298 6,096 3,584 3,230 8,401 8,282 3,408 4,441 4,636 6,119 1,339 2,092 5,552 3,985 4,421 3,527 6,101 1,187 1,733 4,827 2,318 1,146 1,412 4,319 484 1,551 4,483 3,320 2,634 3,070 5,921 781 1,851 5,466 4,057 4,000 4,456 5,708 1,084 2,035 5,376 4,971 4,856 967 569 3,320 4,805 866 531 3,408 4,963 759 515 3,689 4,602 672 517 3,413 5,732 1,244 510 3,978 5,469 1,181 465 3,823 441 88,843 640 77,063 195 80,288 307 86,887 299 82,141 352 69,603 92,993 97,902 6,571 163,928 92,184 90,504 6,705 146,067 108,955 118,535 4,500 216,500 91,265 101,035 3,950 170,900 100,540 99,580 4,475 162,500 93,770 89,180 3,300 137,200 7,710 86,591 7,291 92,552 7,000 119,200 6,700 89,400 8,200 100,460 7,300 104,200 9,335 383,686 10,391 310,371 7,572 438,820 7,533 428,868 6,634 379,839 6,469 262,925 ll>725 76,563 11,390 67,095 12,783 113,910 11,061 93,573 11,582 81,114 10,946 72,362 13,050 11,819 12,321 11,716 12,952 11,682 46,379 4,737 1,118 31,241 47,353 4,052 680 28,212 21,525 26,275 2,124 65,777 16,864 7,805 852 35,801 20,520 7,278 524 29,674 26,913 5,090 635 26,913 2,282.0 1,128.4 63.5 1,090.1 199.6 2,256.3 1,041.7 52.2 1,162.5 218.9 1,827.5 1,010.4 49.7 767.4 137.9 1,858.1 960.7 49.7 847.8 151.8 2,169.5 1,065.9 54.9 1,048.6 189.5 1,919.9 896. 1 44.1 979.8 182.6 738 2,288 2,241 2,264 737 2,197 1,859 2,155 818 2,262 1,785 2,189 r686 2,029 1,704 1,975 786 2,318 2,095 2,041 3,719 4,263 2,589 4,074 2,123 ; 4,896 2,551 4,571 2,651 j 4,027 94,910 48,903 64,881 65,606 1 61,761 72,554 50,305 215 206 166 214 170 40 405 216 217 162 221 156 1 41 398 209 210 158 200 150 39 422 Television advertisings r40,926 r4,667 r11,779 7,862 5,939 1 4,065 49,201 4,904 15,165 9,331 5,850 4,967 Magazine advertising: Linage, total«,s»»s,,8,«»,»«»« ....*.thous. of lines.. *«««««••«« FINANCE Life insurance written (new paid-for insurance): CHEMICALS AND ALLIED PRODUCTS Explosives (industrial), shipments: FOODSTUFFS Dairy products: Product i on: Dry mi Ik: Stocks: Evaporated milk (unsweetened), case goods...........do.... Dry mi Ik: Grains: Rece i pts, i nter i or pr imary markets: Meats: LEATHER AND PRODUCTS Leather production: METALS AND MANUFACTURES Radiators and convectors, cast iron: Oi1 burners: r/ Revised. http://fraser.stlouisfed.org/ 72697 Federal Reserve Bank of St. Louis 50,162 1 70,999 42,639 MONTHLY BUSINESS STATISTICS — Continued 4 1 1956 1957 STEM October November August September October November METALS AND MANUFACTURES - Continued Stoves and ranges* domestic cooking, excluding electrical? 5n§pmen?s« TeraI©.*.®....©.«.©«.«©.«©.....a.©®.©....number«© 217,898 Cos § and wood© ©. o © © © © © © .. © o©©© © G . ® ® ® ® ©® ® ©® a • © ® © © ® @ ® .do. o 6,536 H 202,850 Gas (Including bungalow and combination)............ do.... 8,512 Kerosene, gasoline, and fuel of (••••••••••••••••••••do.... 407,592 Stoves, domestic heating, shipments, total..... ..do.... 63,483 248,517 95,592 Kerosene, gasoline, and fuel of!•••••••••• » e @ . . . . . . . . . CJO. am® 161,070 5,537 149,675 5,858 259,499 30,905 177,788 50,806 179,375 4,497 165,600 9,278 297,206 38,676 187,472 71,058 !83*666 5,451 171,121 7,094 314,653 43,344 206,328 64,981 188,771 6,227 175,627 6,917 354,413 49,997 236,948 67,468 142,878 81,462 45,118 6,741 225,632 106,685 62,987 32,303 4,253 182,266 114,756 71,874 37,896 4,986 205,503 140,797 88,628 45,498 6,67 S 210,669 125,820 82,380 37,628 5,812 230,690 2,131 5,447 1,587 1,767 894 2,673 727 1,229 1,448 1,400 1,634 66.10 57.55 89,75 79.85 7.2 372.0 449.4 64.25 58.70 81.70 73.60 6.7 300.4 357.9 44.50 40.40 63.20 58.00 4.0 24!.2 329.1 28,80 25.00 64.75 58.60 3.7 302.9 384.3 r27.80 r23.65 60.90 53.50 r3.5 328.7 369.5 p28.40 p25.05 p47.40 p4l.45 p3.3 251.! 260.5 52,082 94,508 42,859 106,316 44,932 99,093 43,675 103,243 48,622 102,349 43,696 97,754 88^158 81,866 197,788 83f5!4 71,397 199,334 93,422 79,272 161,688 94,537 77,65! 160,507 106,401 88,436 165,826 106,030 75,270 178,848 1,816 444 4,800 1,948 2,090 350 4,500 1,950 1,692 440 5,664 1,504 1,388 320 4,848 1,516 1,665 310 6,120 1,845 pi,436 pi 88 p4,896 pi,600 244 364 200 305 252 320 248 328 265 340 pi 96 p284 61,8 33.6 109.2 61.1 48.1 61.1 34.1 106.3 62.2 44.1 54.2 38.0 122.6 69.6 53.0 r53.9 r38.9 121.1 68.8 52.3 59.4 40.0 122.2 69.7 52.5 58.3 35.8 124.8 70.1 54.7 So Si d fueI......... .......... Furnaces, industrial, new orders, nets Fue l-f1red (except for hot ro111ng stee I)• B . . . e @ e e s @ « Machine tools (metal-cutting)? Shipments, t o t a l „ , „ . „ „ »QO.... see.........QO.... U O m e S T I C @ . . . « > . . . . . . . . e s e a e e o e a e e ^ e s o e a c e 3 8S ®» 9 . . . . . . Q O . . ,. Vacuum cleaners, standard type, sales billed 749 RUBBER AND RUBBER PRODUCTS Natural rubbers Synthetic rubbers prooucT s on ©.©.©©©©©so©©©©®©©©®®©©®®©*©®©®®o e e o e © ® @ ® © 9 ©CJO© e © a TEXTILE PRODUCTS M e n f s apparel, cuttings? 2/ Tailored garmentss „thous. of units., Trousers (separate), dress and sport•... Shirts (woven fabrics), dress and sport,.. Work clothings Rayon and acetate; Production: 8 Stocks, producers , end of month, total... r/ Revised. ;>/ Preliminary. 1/ Data beginning August 1957 exclude sales of combination washer-dryer units (included in earlier data); saTes of such types totaled I64,?00 units in the first II months of 1957. 2/ Data for November 1956 and October 1957 cover 5 weeks; other months, 4 weeks, USCOMM-DC-12697 UNITED STATES GOVERNAAENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25# D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300