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4>£!£2L£L£oA

July 21, 1961

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

SELECTED BUSINESS INDICATORS
Thousands
250

Thousands
1,000

8.00

200

h

600

150

400

soo

200

H

1958

1959

1961

I960

Index, 1 9 4 7 - 4 9 = 1 0 0
300

Index, 1 9 4 7 - 4 9 = 100
300

Monthly

ELECTRIC POWER PRODUCTION {by utilities)
(E. E. f. seas. adj. index)

2 7 5 h-

250

225

200

l k y>U-i—1

'

» 1

I

L_J__L_J__

I

t

i

1958

I

i

i

1

1

8

8

I

» I

1959

Billion Dollars
450

I .I

L I

L—L....I,

S i

L

1

I I I

1961

I960
Index, !957 = S00

PERSONAL INCOME

140

TOTAL INDUSTRIAL PRODUCTION *

(seasonally adjusted, at annua! rates)

(F. R. B. seas. adj. index)

400
120

—

~

350
Wage and

300

Salary

100

Disbursements

80

250 h
200 t ^ i n l i m i ' n i i i h i n i l i i i i i h i i i i 1 l i i n h m i
S958
1959
I960
1961

-/Data for June, July, and August 1958 include retroactive salary payments to Federal employees ;
http://fraser.stlouisfed.org/
those for March 1961, accelerated NSLI dividend payments.
Federal Reserve Bank of St. Louis

* Revised basis

60

.1 1 1-LL.l.L.LI-t-L- _J_I_U_LLI_LI_LI_ - J J L L I 1 1 LLL...I, 1

1958

1959

I960

l I i i I 1 i I i i i 1

196!

WEEKLY BUSINESS STATISTICS1
1960

1961

ITEM
July 16

July 9

June 24

July 8

July 1

July 15

Commodity prices, wholesale:

Al 1 other

85.3
108
1,869
1,733
271

*U9.5
*89.0
*I07.6
*I28.2
85.9
119
1,869
1,728
258

118.7
85.8
107.3
127.7
83.1
127
2,798
1,940
307

118.8
86.4
107.5
127.7
83.4
125
2,675
1,860
326

118.9
86.7
107.8
127.7
**84.5
114
220

304

32,155
28,063
18,320

32,361
28,115
18,349

32,247
28,486
19,296

32,202
28,319
19,103

32,797
28,641
19,070

435

575

546

612

32,480
28,568
19,087
547

62,600
28,526
114,190
32,935
31,702
12,904

62,156
28,628
113,106
31,976
31,769
12,914

6i,022
28,722
113,296
31,962
31,639
12,905

do....

Department store sales

do....

State programs (50 States and, in 1961, Puerto Rico)..do....
Failures, indust. and commercial (Dun & Bradstreet)...number..
Finance:
Federal Reserve bank credit outstanding, total 4/
Member bank reserve balances 4/

do....
do....

Reporting member banks (of F.R. System) in leading cities:^/
Demand deposits, adjusted
-•-.....•.mil. of do!..

U. S. Government ob ! i gat ions
Commercial and industrial loans (gross),.
Real estate loans (gross)

do.'...
....do....
do....

Stock prices, 500 stocks (Stand. & Poor's) 5/...1941-43=10..

104,592
25,624
31,655
12,837
4.77
56,94
60.54

4.77
56, !0
59.52

4.64
65. 14
68.99

4.66
64.59
68.40

4.67
65.63
69,43

785
13,408
104,969
6,831

1,232
14,608
125,521
6,832

1,533
14,870
151,251
7,097

1,750
15,183
152,887
6,888

765
14,133
101,492
6,970

1,203
64.6
458
247

1.476
79.2
607
289

L-978
106.2
600
299

1,925
103.3
534
302

!,779
95.5
425
241

1 19.0
87. 1
107.8
127.8
84.5

637

4.69
65.32
68,97

Production:

Petroleum (crude) and condensate 4/
Index of production.'.

thous. of bb 1..
1957-59-100..

150,748
1,860
99.8

J_/ Data do not always cover calendar weeks. 2/ Tuesday prices. .3/ In addition to State programs, includes the following: Railroad;
UCFE (Federal employees); UCX (ex-servicemen); and, effective with week of April 15, 1961, TEC (temporary extended compensation). Also
effective with week of April 15, 1961, includes persons under extended duration provisions. 47 Daily average. j5/ Wednesday data; figures
for member banks in leading cities are on revised basis. * Monthly index for June I960. ** Wednesday price.

MONTHLY BUSINESS STATISTICS
I960

1961

ITEM

May
GENERAL BUSINESS

June

Apr i I

June

INDICATORS

PERSONAL INCOME, BY SOURCE: ±/
SEASONALLY ADJUSTED, AT ANNUAL RATES:
Total personal income

bil. of do I.

Wage and salary disbursements, total
do...
Commodity-producing industr ies
.do...
Manufacturing on ly
.do...
D i str i but i ve i ndustr i es
do...
Serv ice industr ies
do...
Government
.do...
Other labor income
do...
Proprietors' income:
Business and professional
do...
Farm
do...
Rental income of persons
do...
Dividends
do...
Personal interest income
do...
Transfer payments
do...
Less personal contributions for social insurance..do...
Total nonagr icu Itura I income
do...
INDUSTRIAL. PRODUCTION (F.R. INDEX OF QUANTITY OUTPUT):
SEASONALLY ADJUSTED, TOTAL INDEX (INCL. UTIL.)....1957=100.
BY INDUSTRY:
MANUFACTURING, TOTAL.
do...
Durab le manufactures
do...
Pr imary meta Is
do...
Fabricated metal products..
„
do...
Mach inery
do...
Transportation equipment
„
Instruments and related products
Ciay, glass, and stone pi uducts
Lumber and products
Furniture and fixtures

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

r403 a 6

r404.4

r272.8
rll2.2
r88.9
r72.2
r40.5
r47.9
rl0.8

r273.2
rill.7
r88.6
r72.6
r40.9
r48.0
rIO.8

r36.4
rl2.4
r I 1.7
r 14.0
r26.l
r28.5

r36.4
rl2.7
rll.7
rl4.0
r26.2
r28.7

r*407.3
r271.1
r106.5
r84. 1
r7l,8
r42.l
r50.7
rl0.6

r409.8
r274s6
rl09. I
r86. I

r72.3
r42.3
r5l.0
rl0.7
r36. I

r4l3.2
r277 w 2
rl!0.5
r87.6
r72.9
r42.5
r5l.3
rl0.8

416.7
280.0
112.4
88.9
73.3
42.8
51.6
36.4
13.0
11.5
14.2
27.1
33.1
9.7
399.6

rll.5
rl4.2
r26.8
r32.5
r9.6
r392.9

r36.3
rl2.9
rll.5
rl4.2
r27.0
r33.0
r9.7
r396.4

II.0

9.3

9.3

r387.l

r387.6

r36.0
13.0
rll.4
rl4.2
r26.8
r*33.7
r9.6
r*390.4

110

109

rl03

105

108

p I 10

I 10
107
94
108
109

I 10
105
88
108
109

102
95
74
96
101

105
99
82

108
103
r90
105

pi 10
pl05

102
121
114
109
123

12.9

99
103

r!04

94
r99
88
113
116 I
113
r!07
105
103
106
(06
rlOO
r!!7
115
rl!2
Estimates of personal income have been revised back to 1958; revisions for months
106
120
Ml
110
124

rj Revised, j)/ Preliminary.
\J Revised series.
shown hero will appear in the July 1961 SURVEY OF CURRENT BUSINESS. * March !96l data inc I tide $ L R
annual rate), reflecting accelerated dividend payments on National Service Life Insurance
5023.




May

p92
p!07
p!07
pl02
D!!9
pi 12
pll9

not
b i l f ion (T. 150 mi I I ion converted to

MONTHLY

BUSINESS STATISTICS — C o n t i n u e d

3
196!

ITEM

May

Apr! I

June

May

GENERAL BUSINESS INDICATORS - Continued
Industrial production (F.R. Index of quantity output) - con.
Seasonally adjusted Index - con.
By industry - con.
Nondurable manufactures
1957= 100.,
Textile mill products...
do...,
Appare I products
....
do...,
Leather and products..
..............do....
Paper and products.
..'.;•
. • • .do...,
Printing and publishing
do....
Chemicals and products
...do....
Petroleum products
.do....
Rubber and plastics products
..do....
Foods and beverages
do 9 s e .
Tobacco products
do....
MINING
...do
Coal
...do....
Crude oil and natural gas.............
...do....
Metal mining
.do....
UTILITIE S
do
E lectr ic
do....
BY MARKET GROUPING:
FINAL PRODUCTS, TOTAL
•. *
do....
Consumer goods .„
do....
Automotive and home goods.........
...do....
Apparel and staples....
...do....
Equipment, including defense
do....
MATERIALS......
do....
Durable goods materials
.....do....
Nondurab Ie mater ials
d
o,es,
8Sa9
MANUFACTURERS* SALES: ±/
Value (unadjusted):
Durable goods industries, total
bil. of do I..
Value (seasonally adjusted):
Durable goods industries, total
do....
MANUFACTURERS 1 ORDERS: J/
New orders, net (unadjusted):
Durable goods Industries, total.
do....
New orders, net (seasonally adjusted):
Durable goods industries, total....
.....do....
Unfilled orders, end of month (unadjusted):
Durable goods industries, total............
do....

"r 1 14

rll6

Ml

116
115
127
104
112
112

112
rl04
rl20
96
113
110

123
107
117
109
115
97
86
96
103
122
121

125
III
122
109
115
97
78
99
97
!24
123

120
106
96
III
116
97
68
101
106
125
125

112
117
121
115
104
107
105
110

112
117
121
115
103
106
102
III

107
III
100
114
99
99
90
109

15.2

15.6

14.6

rl4.0

rl5"2

15.1

14.9

13.7

rl4.l

M4.6

14.6

15.5

14.5

r 14.1

r 15.1

14.7

14.3

13.8

rl4.4

rl4.9

44.6

44.5

42.7

r42.8

r42.7

51,144
27,262
342
26,035
19,059

52,394
27,869
258
26,523
19,029

50,188
28,060
115
26,688
17,099

50,549
27,950
67
26,772
17,089

r49,8ll
27,806
III
26,887
r17,095

51,144
18,643
17,619
27,344

52,394
19,126
17,941
27,505

50,188
17,546
16,158
27,520

50,549
17,562
16,419
27,415

r49,8ll
16,966
16,107
r27,564

41.4

40.8

37.9

38.0

38.4

I 15,908
57,494
6,661
3,304
15,807
3,767
24,384
3,785
1,770
1,971
40,439
37,545
3,766
4,897
1,180
4,347

I 16,377
57,557
6,559
3,317
15,843
3,766
24,473

121,469
59,364
6,535
3,735
15,962
3,715
25,564

121,921
59,545
6,488
3,769
15,985
3,706
25,672

122,462

3,788
1,723
2,019
40,631
37,722

4,235
1,945

4,336
2,019
2,254
42,723
39,670

3,786
4,957
1,213
4,445

39,347
3,823
5,409
1,219
5,068

4,249
1,958
2,228
42,553
39,525

3,827
5,461
1,228
5,058

3,837
5,508
1,303
5,020

673.5
285.6
57.7
10.2
60.1
139.0
120.9

672.9
280.0
57.3
9.9
60.8
134.7
130.2

796.7
325.2
64.1
11.5
65.6
165.6
164.7

681.7
272.6
56.4
10.8
6!.0
154.0
126.9

741.6
316.8
60.6
II.I
62.9
I6I.4
128.8

i9,352

19,322

17,388

17,390

17,403

115
113
127
104
113.

106
120
100
r 1 17
rl 10

123
r!08

105
III
122
r98
77

109
120
117
r 112

127
112
113

r92

97
81
99
94

r!27

r.l 28

ri02

127
109

III

rl 14

r 116

109
115
100
103
r96
Mil

113
r 1 17
r 101

106
101
112

FINANCE
FEDERAL RESERVE BANKS, CONDITION, END OF MONTH:
Assets, total
.....mil. of dol..
Reserve bank credit outstanding, total...,
do....
Discounts and advances..
...do....
United States Government securities..............do....
Go I d cert i f i cate reserve
«.... do....
Liabi1ities, total
......do...
Deposits, totaI
...•.,
.do...
Member-bank reserve balances
.....do...
Federal Reserve notes in circulation
do...
Ratio of gold certificate reserves to deposit and FR note
IiabiIities combined..
..percent.
LIFE INSURANCE (INSTITUTE OF LIFE INSURANCE):
ASSETS, TOTAL, ALL U.S. COMPANIES
mil. of do I.
Bonds (book value), domestic and foreign, total....do...
U. S. Government.
do...
State, county, municipal (U. S . ) . . .
do...
Public utility (U. S.)
do...
Railroad (U. S . ) . . . . .
do...
Industrial and miscellaneous (U. S . ) . .
do.,.
Stocks (book value), domestic and foreign, total...do...
Preferred (U. S.)
do...
Common (U. S.)
do...
Mortgage loans, total..
...do...
Monf arm.
do...
Real estate.
.....do...
Policy loans and premium notes..
.....do...
Cash
do...
Other assets........
do...
PAYMENTS TO POLICYHOLDERS AND BENEFICIARIES, ESTIMATED
TOTAL
mil. of do I.
Death benef its
do...
Matured endowments.
.do...
DIsabI!i+*' payments...............................»OQ»••
Annuity payments
.........do...
Surrender values
....do...
Pel icy dividends.
.do...
GOLD, MONETARY STOCK, U. S., END OF MONTH...
r_/ Revised.
5023

j>/ Preliminary.




...do...

\J Date for June 1961 are advance estimates.

2,228
42,351

59,735
6,551
3,774
15,994
3,695
25,757

MONTHLY BUSINESS STATISTICS — Continued
I960

196!

ITEM
Apr I I

!

May

February

March

May

Apr I 1

LIMBER AND MANUFACTURES
LUMBER (NATIONAL LUMBER MANUFACTURERS ASSOCIATION)s
Production, totaL....,...,.•»••...•••••••••mi 1. of bd a ft s o
Softwood s........••••••••••••••••••••••••••••••••••do....
Sh 1 pments, tota !•••••..•«••••••••••••••••.... • • • • • • • • • «do„...
Softwoods*.••••••••••••••••••••••<•••••••••••••••••.do...•
Stocks (gross), mil J, end of months t o t a l 9 a e s o s e . 8 . 9 a d o e e e 9
SoftWOOdSe e ••,••••••••••.•••*••••••••••••••.«••«• e.ClO,, ..

3,059
2,531
3,063
2,513
9,974
6,344

3,207
2,662
3,203
2,661
9,978
6,345

2,302
1,881
2,258
1,830
10,286
6,382

2,696
2,292
2,856
2,404
10,126
6,270

2,567
2,237
2,758
2,374
9,934
6,132

3,005
2,624
3,065
2,661
9,876
6,097

364
210
300

409
232
345

292
171
239

374
217
3S2

371
218
304

416
244
349

6,742

6,272

5,047

5,133

6,048

517
624
993
610
559

457
529
861
586
567

321
395
627
425
466

384
478
758
544
528

377
458
800
566
524

437
488
904
647
609

2,806

2,654

1,599

1,825

1,889

2,36!

I.I
609

1.3
3.1

.9
1.9

K0
2.6

.7.
„3

1.4
6.1

512
484

468
496

386
373

394
499

393
426

385
372

2,118
77.4

1,968
78.0

1,595
73.4

1,914
92,5

1,892
78.0

1,9.52
75.8

2,098.8
88.5
1,195.9
231.8
268.3
102.8
211.5

2,165.5
108.0
1,267.9
213.4
262,2
103.8
2.10.3

1,957.0
91.4
1,151.4
199.7
242.7
75. S

196.7

2,245.0
106.6
1,310.9
221.1
274.7
104.2
227.5

r2,177.4
96.7
r1,277.6
224,8
r256.2
104.0
218.1

2,298.2
113.7
1,335.5
220.8
280.8
117.3
230. 1

879.9
283.0
520.2
76.7

912.5
305.2
526.2
8I.S

889.0
312.3
507.1
69.6

914.0
324.6
523 e 6
65.9

r898.4
r338.6
r497.4
62.4

915.1
349.3
504.7
61.1

All paper and board mills, productions
Paper and board, total...............................do....
Paper.-. ....••••••••• •'••.•.••••••^........•.......•• .do.....
Paperboard......................................... do...•
Wet-machine board...................................do..„.

2,896
1,327
1,295

2,639
1,219
1,214

3,004
1,354
1,386

!

10

Construction paper and board......... ,.•..... .........do....

262

1

12
253

r2,940
rI,306 !
r1,360
1 I

3,067
1,337
1,428

13

2,946
1,330
1,332
I4

METALS AND MANUFACTURES
Cans, metal, shipments (In terms of steel consumed), total
for sale and own u s e 6 9 s o e a . . . • • s a t h o u s 0 of short tons s o
Food...•••••••••••••••••••••••.•••••..••••••.•••••••do....
Shipments for sale...••••••'..••••••••••••••••••••••••do....
STEEL PRODUCTS, NET SHIPMENTS?
Total (all grades) J[/.....•••....•....••••••••••......do....
Structural shapes (heavy), steel pi 1 Sng». se o 86 „ eea *do» ffl . e
P l a t e S e • • • • . • • . • . • • • • . . . • • • • . , • • • • • • • . . • • • • • • • • • • . . d o . ...

Bars and tool steel, total•...••••...•....,........do....
Pipe and tubi ng. ......,....;...........»•. .v....••.;• .do..,.
Tin mill products...................................do....
Sheets and strips (incl. electrical),'total...•••...do....
Furnaces, industrial, new orders, nets
Electric processing................•... 0 . e 0 8 9 s m?1. of dol.. •
Fuel-fired (except for hot rolling steel)............do..,.
Industrial trucks (electric), shipments?
Hand (motor ? zed) .............. ••••...••••••.•.••.• •• number,.
R ? der-type............................................. do....
Industrial trucks and tractors (gasoline-powered), shipments, .•.....•..-..o. ,•....•..«••...., ............. 0 dO 6 . . .
Electron tubes and semiconductors,factor sales..mil. of dol..

4,251

PULP, PAPER, AND PRINTING
WOOD PULP:
Production, total, al! grades,„
thous, of short tons..
Dissolving and special alpha...,....................do.....
Sulfate. ••••••••••••••.. ..•••• •••••••••••••••....;..do. # '..
Sulfite ••'•••••••••••..••••••• 8 ,.,...,
<,o8.,,..,do,,,.
Groundwood..••••••••••••••••.•.••.•••••...•.•.«.••.do..,.
Soda, semichemical, screenings, damaged, etc.......do....
Stocks, end of month, total, all mi 1 Is.
do....
Pulp mi 1 Is.........................................do....
Paper and board mi 1 Is..,........................,..do.....

271

1

j
!

L

!96

r264

12
291

£./ Revised. J / Includes data not shown separately.
USC0MM-DC-5023.

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

W A S H I N G T O N 25, D. C.
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




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