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July 29, 1955

BUSINESS

STATISTICS

BUSINESS

A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS
Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $3.25 annually, this Supplement provides selected
weekly and monthly data subsequent to those published in the latest monthly SURVEY

SELECTED BUSINESS INDICATORS
BILLION

BILLION DOLLARS

DOLLARS

95

95

TOTAL LOANS AND INVESTMENTS

Wednesday data

Average of Wednesday data

(Federal Reserve Weekly Reporting Member Banks)

90

85

90

-

85

-

80

-

75

-

80
s

70

Al

1

1 1 1 1 1 1 1 1 1 1

1 1 1 1 1 1 1 1

1952

i 11

1 1

1111

1953

i

i

11

1

1

I

1 1 1 1 1

1954

75
I

1 1 !

1954

I I

I I

I

70

J F M A M J J A S G N D

1955

INDfcX, 1947-49 = 100
225

INDEX, 1947-49 = 100
Monthly

ELECTRIC POWER PRODUCTION (by utilities)
(seasonally adjusted)

200

—

-

200

175

-

-

175

f

1 50

125

fy.ll

1

!

1

1

1 1 1 |

|

1

-

1 1

1

1952

1 1

i

1 1 1 1 t

1953

i

i

i

f

i

i

i

i

i

i

i

i I

i

i

1 i i

i i I

JFMAMJJASOND

1955

1954

INDEX, 1 9 4 7 - 4 9 = 100

THOUSAND BALES

120

50
COTTON CONSUMPTION

CONSUMER PRICES

(daily average)

1 15

1 10

40

-

All
Items

30

Food

105 -

100

A

-

l l l l l l M 1

1952




I...,.
1953

i i i i il i ii i i

i . . . . 1.. . • i

1954

1955

20

10

I j f I l l l I 'I I I I I

I I I I I It I I I I

1952

1953

1954

1955

WEEKLY BUSINESS STATISTICS1
1954

1955

ITEM
July 17
Commodity prices, wholesale:
ATI commodities
1947-49=100..
Farm products
do. ...
Foods, processed
do....
A ! ! other
du
22 commodities 2/
do
Department store sales
do....
Insured unemployment, total 3/
thous..
State programs
do....
F inance:
Currency in c ircu I at ion 47
mil. of do I..
Federal Reserve bank credit outstanding, total 47....do....
Member bank reserve balances 47
do.. ..
Excess reserves, estimated 4 /
do....
Federal Reserve reporting member banks in leading cities:^/
Demand deposits, adjusted
mil. of do I..
T i me depos i ts, except Gover nment
do....
Loans and investments (adjusted), total
do....
U. S. Government obligations
do....
Commercial, industrial, and agr. loans (gross)...do....
Real-estate loans (gross)
do....
Failures, industrial and commercial
number..
Bond- yields, domestic corporate (Moody's) 47
percent..
Stock prices,480 stocks (Standard and Poor's).1935-39=100..
Industrials, 420 stocks
do....
Production:
Bituminous coal 47
thous. of short tons..
Electric power, by utilities
mil. of kw.-hr..
Passenger cars and trucks (Ward' s)
number ..
Petroleum (crude) and condensate 47
thous. of bb I..
Stee I 6/
Percent of capac ity j6/
Freight car loadings, total
Mi see I laneous

thous. of short tons..
thous. of cars..
do....

July 24

July 2

July 9

July 16

91.6
88
2,095
1,920

*l10.4
*96.2
*IO6.5
*i i4.3
91.5
84
2,032
1,853

90.4
98
I, 163
1,060

29,993
25,691
19,166
762

29,862
25,673
19,261
905

30,175
24,815
18,653
489

30,406
25,265
18,609
517

30,340
25,571
18,779
730

53,652
21,072
80,437
33,549
2 1,647
6,698

54,481
21, I 16
80,585
34,018
21,558
6,705

56,156
21,663
84,472
32,076
23,501
7,873

55,336
21,612
84,095
31,797
23,326
7,893

56,I 13
21,568
84,013
31,663
23,465
7,923

226
3. 16
230.2
253.6

188
3.15
230.3
253.0

231
3.23
307.6
349.9

204
3.24
318.8
365.2

224
3.24
31 1.7
354.8

1,201
8,951
125,091
6,298

I, 184
9, 103
122,789
6,268

1,723
10,138
184,684
6,61 I

1,478
9,759
155,707
6,597

1,622
10,440
195,423
6,626

1,534
#64.3
695
332

1,557
#65.3
684
332

1,716
71. i
697
380

2,073
85.9
653
307

2,202
91.2
799
370

I 10.0
89.8
102.9
i i5.6
91.2
87
1,224
I, 120

I 10.3
89. I
103.0
i i6.2
91. I
97

July 23
I 10.0
87.7
102.0
I lb.3
90.4

30,205
25,432
18,774
585

172
3.24
31 1.8
354.6

198,830
2 , 195
91.0

\J D a t a d o n o t a l w a y s cover c a ' e n d a r w e e k s . 2/ T u e s d a y p r i c e s . 3 / Includes U C F E p r o g r a m b e g i n n i n g J a n u a r y 8 , 1955. 4 7 D a i l y a v e r a g e .
5 / W e d n e s d a y d a t a . 6/ W e e k e n d e d July 3 0 : P r o d u c t i o n , 2 , 2 8 4 t h o u s . s h o r t t o n s ; o p e r a t i n g r a t e , 9 4 . 6 p e r c e n t . * M o n t h l y index for July
1954. # N o t c o m p a r a b l e w i t h !955 r a t e s w h i c h a r e based o n higher c a p a c i t y a s r e p o r t e d J a n u a r y I,.1955.

MONTHLY BUSINESS STATISTICS
1954

1955

ITEM
March

June

May

Apri 1

June

May

GENERAL BUSINESS INDICATORS
Industrial and commercial failures:
Fa i 1 ures, tota1
Commerc i a 1 serv i ce
Construction
.
Manufacturing and mining
Reta i 1 trade
Wholesale trade
L i ab i 1it ies (current), tota1
Commerc ia 1 serv ice. ...
Construct i on
Manufacturing and mining
Wholesale trade

number..
do ...
do.
do.. .
do
do
..thous. of do 1. .
do
do
do
do....
do

943
81
1 1 1
200
460
91
38,494
2,961
3,674
15,621
11,739
4,499

965
81
132
208
455
89
41,613
2,045
4,514
18,454
11,722
4,878

1,038
66
108
225
520
1 19
41,209
2,916
4,468
16,921
11,972
4,932

903
66
106
154
484
93

955
80
121
168
499
87

35,968
2,229
6,450
12,653
10,765
3,871

34,714
1,998
4,885
14,093
10,874
2,864

914
75
1 14
200
446
79
36,667
5,259
4,702
13,888
9,564
3,254

COMMODITY PRICES
1947-49-100..
do
do
do
do
do

Food
Fru its and ' vegetables
Meats, poultry, and fish
Hou sing
Gas and electr i ci ty
Housefurn i sh i ngs
Rent
Med i ca1 care

.,

Persona 1 care
..
Read i ng and recreat i on
Transportat i on
Other goods and serv ices
Purchasing power of the dollar as measured byWho 1 esa1e pr i ces
Consumer pr i ces
Reta i1 food pr i ces
\_l Index based on 1935-39=100 is 191.3.
prices, 52.3; retail food, 44.5.




do
do
do
do
do
do ...
do
do
. d o ...
do....
do
do

1 15.0
104.2
1 13.3
103.5
1 14.6
1 1 1.0

1 If. 1
104.2
1 13.8
102.9
1 17. 1
1 1 1. 1

114.3
103.2
1 10.8
105.4
1 12.0
102.3

1 14.2
103. 1
1 11.2
104.6
1 17.5
103.0

1 14.2
103.3
1 1 1. 1
104.0
120.2
102. 1

1 18.9
107.7
105.9
128.3
125. 1

1 18.9
107.6
105.8
128.3
125. 1

119.6
1 10.3
104.6
130.0
127.0

1 19.5
1 10.3
104.5
129.9
127.3

119.4
110.9
103.7
130.3
127.5

119.7
1 10.7
103.8
130.4
127.6

1 13.0
106.4
129. 1
120. 1

112.7
106.4
128.9
120. 1

113.5
106.6
127.3
119.8

113.7
106.6
125.3
1 19.8

113.9
106.5
125.5
119.9

1 14.7
106.2
125.8
1 19.9

90.2
87.0
88.3

90.9
86.9
87.9

90.9
87.5
90.3

90.5
87.6
89.9

91.0
87.6
90.0

2 / Indexes based on 1935-39=100 are as follows:

I/I 14.4
103.2
1 1 1.3
104. 1
1 19.5
103.8

2/90.7
2/87 4
2/89.8

Measured by_ wholesale prices, 47.5; consumer

MONTHLY BUSINESS STATISTICS — Continued
1954

1955

ITEM
May

March

June

Apr i 1

May

June

CONSTRUCTION AND REAL ESTATE
Construction contracts awarded, 37 States (F. W. Dodge Corp.):
Total projects
...
number..
mil. of do 1..
Tota1 va1uat i on
Ho. . .
Bu i 1d i ng, tota1
Highway concrete pavement contract awards: \_l
Total
thous. of sq. yd..
do
Roads
do
Streets and a 1 leys
Construction cost indexes (E. H. Boeckh and Associates):
Average, 2 0 cities:
Apartments, hotels, and office buildings:
Brick and concrete
.LL S. ava. 1926-29=100..
do
Br i ck and stee1
do
Br i ck and wood
Commercial and factory buildings:
do
Br i ck and concrete
do
Br i ck and stee 1
...
Br i ck and wood
do.
do. .
Frame
do....
Stee 1
Residences:
do.
Brick
do ...
Frame

59,741
1,733
1,377

75,533
2, 135
1,749

79,184
2,322
1,776

75,896
2, 185
1,737

75,141
2,255
1,794

6,255
1,480
1,820
2,954

10,472
2, 141
4,504
3,826

9,504
2,021
3,988
3,495

8,470
2,855
2,279
3,336

8,760
1,242
3,305
4,213

9,292
950
3,966
4,376

255.7
251.3
253.9

256. 1
251.5
254.7

259.0
254.9
258.6

260.7
256.2
260.0

261.8
257.3
261.3

263.8
259.5
263. 1

262.9
258.8
253. 1
252.6
242.2

263.4
259.3
253.6
253.9
242.4

266.7
262.9
256.8
258.8
246.3

268.5
264.5
258.1
260.3
247.4

269.7
265.6
259.6
261.8
248.3

271.5
267.3
261.3
263.8
249.8

254.5
248 3

255.3
249.3

259.3
253.5

260.7
254.9

262.3
256.4

263.9
258.3

5,037
3,592
44
3,946
877
170

11,347
10,644
49
10,123
834
340

11,089
9,741
60
9,906
995
127

4,941
3,732
51
3,976
795
1 19

6, 1 19
4,438
56
4,849
939
276

1 1, 193
10,038

5,203
249
352
3,374
1,229

7,308
1,763
376
4,663
506

5,894
478
386
3,759
1,271

5,228
355
383
3,382
1,108

5,356
443
381
p3,289
p1,244

36,521
46,549
25,868
20,681
32,636
725

37,304
51,133
30,780
20,353
32,357
835

35,615
48,093
27,300
20,793
37,855
927

37,784
49,717
27,988
21,729
36,230
650

39,523
51,873
30,904
20,969
35,023
795

17,574
17,590
7,370

17,559
17,446
7,483

20,404
20,644
5,238

19,504
20,156
4,504

18,878
19,382
4,01 1

8,556
7 239
11,541

9,551
8,659
11,846

7,899
6,902
10,193

8,284
7, 187
10,816

8,967
7,996
11,278

13,881
11,858
864,001

14, 137
12,056
864,328

15,671
13,403
842,565

14,962
11,419
844,138

13,155
10,825
844,320

9,586
5,748
719,567
6,875

9,366
5,738
720,699
7,091

10,725
7,027
710,970
7, 164

10, 122
5,361
713,985
6,332

9,073
5, 181
716,078
5,652

2, 165
181

2,316
130

2,086
212

2,040
272

2,277
236

2, 122
149

1,909

1,993

2,924

2,473

2,337

2,140

.1, 133
147

1, 193
90

1, 166
120

1,302
156

1,246
113

1,1 10

704
2,01 1
2, 134
2, 172

750
2,049
2,485
2, 141

1,019
2,325
2,433
2, 144

882
2, 148
2,186
r2,143

873
2, 161
2,227
2,266

65,641
1,925
1,498

FINANCE
Federal Government finance:
Rece i pts, tota1
do
do

do
do.

1ncome and employment taxes
Miscellaneous internal revenue
A 11 other receipts....

do..
do
do
do
do

Expenditures, tota1
Veterans' services and benefits..
Nat iona1 secur ity
All other expenditures

do

CHEMICALS AND ALLIED PRODUCTS
Alcohol, ethyl :
thous
Product i on
Stocks tota1
In industrial alcohol bonded ware houses

of proof ga1

do
do

do
Used for denaturation
Withdrawn tax-paid
Alcohol, denatured:
Product ion
Consumption (withdrawals)
Stocks

do
do
thous. of wine gal.,
do

do

57
9,920
972
243
6,677
2/1,495
398
p3,939
p845

FOODSTUFFS
Fermented malt liquors:
thous of bb1
Product i on
Tax-paid withdrawals
do
do
Stocks, «*nd of month
,
Disti 1 led spirits:
thous. of tax gal..
Product i on
do
Tax-paid withdrawals
Stocks end of month
do
Whisky:
Product i on
. ....
do
Tax-paid withdrawals
do
Stocks end of month
do
Rectified spirits and wines, prod.... ....thous. of proof gal..
Livestock:
Cattle and calves:
thous. of animals..
Receipts, principal markets
do....
Shipments, feeder, to 9 corn-belt States
Hogs:
do
Receipts, principal markets...
Sheep and lambs:
do
Receipts, principal markets
Shipments, feeder, to 9 corn-belt States
do....
LEATHER AND PRODUCTS
Leather production:
Calf and kip
Cattle hide
Goat and kid
Sheep and lamb

,

thous. of skin-j..
t h n m nf hirlp»<^
thous of sk i ns .
do

£./ Revised. £_/ Preliminary. U Data for June 1954 and March and June 1955 are for 5 weeks; other months, 4 weeks.
the fiscal year ended June 30, 1955, changed from a due and payable basis to an accrual basis.




2/ Effective with

96

MONTHLY BUSINESS STATISTICS —Continued
1954

1955

ITEM
March

June

May

Apri I

May

METALS AND MANUFACTURES
Iron ore (Lake Superior district):
Consumption by furnaces
Stocks, end of month, tota I
At furnaces
On Lake Erie docks
Castings, gray iron:
Orders, unfilled, for sale
Shipments, total
For sale
Castings, malleable iron:
Orders, unfilled, for sale
Shipments, total
For sale
Pig iron, production
Castings, steel:
Shipments, total
For sale, total
Rai I way specialties.
Steel forgings:
Orders, unfilled, total
Shipments, for sale, total
Drop and upset
Press and open hammer
Oi I burners:
Shipments
Stocks, end of month

5,376
29,563
24,147
5,416

5,396
34,996
29,187
5,809

7,481
23,71 I
18,616
5,095

7,290
18,907
14,545
4,362

7,798
21,901
17,465
4,436

thous. of short tons.
do...
do...

775
943
516

804
987
556

934

1,315
689

966
1,294
680

938
1,310
707

short tons.
do...
do...
thous. of short tons.

67,040
67,856
37,306
4,624

60,163
72,820
41,121
4,724

99,730
102,364
60,063
6,464

104,091
101,226
57,397
6,385

106,446
98,397
57,317
6,805

94,610
70,596
9,337

100,022
72,881

8,596

127,460
98,926
19,339

120,053
92,237
16,646

122,465
92,713
16,810

thous. of short tons.
do...
do...
do...

430.6
107. I
80.9
26.2

409.2
113. I
86.2
26.9

507. I
154.4
I 19.2
35.2

499.4
149.6
113.5
36.2

509.4
147.0
109.4
37.7

number.
do...

52,781
82,995

68,798
80,845

59,218
62,655

60,155
7 1,864

65,407
69,732

I 1,621
10,915
13,783

11,275
11,072
13,745

I 1,293
10,930
14,247

11,045
10,422
14,521

I 1,758
I 1,635
14,331

645,472

778,558

892,892

696,354

703,240

849,116

r20,6l8
M9,3I8
r8,936
r447
r8,37l
r122.7

r20,603
r19,285
r 10,927
r446
r10,196
r122.7

20,892

20,674
19,160
9,594
488
8,854
136.8

19,824
18,302
9,678
484
8,937
135.7

19,840

19,365
12,400
496
I 1,485
138.5

I 1,789
481
10,867
135.0

58.3
32. I

57.9
35.7

83.9
r39. I

77.5
r33.0

r70.5
r30.2

69.9
30.6

68.5
27.9

67.0
28.0

r44.4
r22. I

39.3
22. I

r40.0
r2I.O

43.5
19.6

thous. of long tons.
do...
do.. .
do...

short tons.
do...
do...

7,473
27,355
22,449
4,906

6,544

STONE, CLAY, AND GLASS PRODUCTS
Glass containers:
Production
Shipments
Stocks, end of month

thous. of gross.
do.,.
do...

12,219
12,063
14,327

TEXTILE PRODUCTS
Cotton:
Consumption J_/
ba les. .
Manufactures:
Spindle activity (cotton system spindles): _[/
Active spindles, last working day, total
thousands..
Consuming 100 percent cotton
do....
Spindle hours operated, all fibers, totaI...mi I. of hr..
Average per work i ng day
do....
Consuming 100 percent cotton
do....
Operations as percent of capacity
Rayon and acetate:
Shipments, domestic, producers':
Fi lament yarn
mi I. of Ib. .
Stap le ( i nc I. tow)
do
Stocks, producers', end of month:
F i lament yarn
do....
Staple (incl. tow)
do....
r/

Revised.

18,335

±/ Data f o r June 1954 and March and June 1955 cover 5 weeks; other months, 4 weeks.

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D. C.
OFFICIAL BUSINESS
FI RST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




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