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June 12, 1959

BUSINESS

STATISTICS

A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS
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Available only with subscription t o the 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
Index,

jnde# 3 1947-49= 1 0 0

275

1947-49=100

Monthly

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

•d

250

225

20 0

\ 75 t a _ i _ j

Li

!

I

I i

I

I

I

I

i

I

I I

1957

1956

I

I I

I

1 I

I

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I

I

1958

Index, 1 9 4 7 - 4 9 * 100

Billion Dollars

1.80

60

I I

(short- and intermediate-term)

50

Uww

40

30

Sales

I i i I I 1 i i i l i 1 i i i i l I i i i i i I M i I II i i i i i I n i i i I I i i i I

1956

1957

1958

b

20

1959

1956

1957

Index, 1947 - 4 9 = 100

Index, 1910- 14 = 100

120

320
(daily average; seas, adj.)

300

^

11 0

-\A

~^Vu

90

1

r*

280




1959

—

^

[/

iiniTiir"-'"^

"1

]

Prkes Paid
(i'ncl. interest, taxes, and wage rates)

260

9®~®

Prices

240

•1x1,1 L L L L J - L L J J J J J L L L L L L I . 1 1 1 1 1 1 1 1 1 11 11 ! 1 1 1 1 1 i 1 i 1

1958

PRICES RECEIVED AND
PAID BY FARMERS

COTTON CONSUMPTION

80

I 1

CONSUMER CREDIT OUTSTANDING

120 h

100

I

(seasonally adjusted)
Stocks
(end of month)

100

I

DEPARTMENT STORE SALES & STOCKS
160

140

I

S959

220

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2 5 0

WEEKLY BUSINESS STATISTICS1

2

1958

1959

ITEM
May 31
Commodity prices, wholesale:
AI I commodities.
1947-49= 100..
Farm products
,
do....
Foods, processed
do....
A11 other
=,.... .do....
22 commodities 2/,,
do....
Department store sales
do....
Insured unemployment, total
thous..
State and UCFE programs.
do....
Failures, industrial and commercial
number..
F i nance:
Currency in circulation^/
.....mil. of dol...
Federal Reserve bank credit outstanding, total _3/....do....
Member bank reserve balances 3/
.......do....
Excess reserves, estimated^/.,.....
I.do....
Reporting member banks (of F.R.System) in leading citjes:4_/
Demand deposits, adjusted
mil. of do I..
Time deposits, except U. S. Government
do....
Loans and-investments (adjusted), total............do....
U. S. Government obi i gat ions......
.....do....
Commercial, industrial, and agr. loans (gross).,.do.,..
Real-estate loans (gross).,..,,
....do....
Bond yei Ids, domestic corporate (Moody's) j5/......percent..
Stock prices, 500 stocks (Stand. & Poor's) 4/..1941-43=10..
Industrials, 425 stocks
.....do....
Production:
Bituminous coal 3_/...................thous. of short tons..
Electric power, by utilities.....
.....mil. of kw.-hr..
Motor vehicles (cars, trucks, coaches)..,,
...number,.
Petroleum (crude) and condensate 3/
thous. of bbl..
Steel J5/
Percent of capacity.
Freight car loadings, total.,.,
M i see 11 aneou s

.thous. of short tons.
,
thous, of cars,.
.••••
..do....

May 16

June 7

May 23

May 30

June 6

119.5
91.0
107.6
127.8
88.2
122

119.5
91.1
107.3
127.8
88.1

264

314

31,515
27,989
18,829
605

31,473
27,548
18,393
344

31,641
27,650
18,324
326

56,184
28,506
95,384
29,675
31,587
10,038

56,222
28,^01
94,856
28,972
31,674
10,066

56,710
28,523
94,604
28,718
31,664
10,085

3.99
44.50
47.37

4.58
57.97
62.11

4.65
58.09
62.23

4.66
58.19
62.39

1,284
11,155
81,765
6,242

1,288
11,681
89,981
6,256

1,376
12,684
163,340
7,178

1,402
12,931
161,167
7,216

1,405
12,761
142,912
7,203

1,567
#58.1
530
269

1,685
#62.4
613
306

2,631
92.9
694
355

2,644
93.4
686
351

2,650
93.6
688
350

86.3
l!6
3,017
2,828
278

*!I9.5
*98.5
*l12.9
* 125.3
85.8
135
3,004
2,818
325

119.7
90.7
107.8
128.1
88.1
137
**l,739
1,505
31!

I 19.6
90.6
107.7
128.0
88.1
139
**l,657
1,449
259

30,813
24,994
18, 194
681

30,989
25,240
18,147
573

31,505
27,563
18,550
444

55,434
27,765
92,100
31,093
29,718
8,821

55,686
27,841
92,934
31,289
29,600
8,817

3.99
43.85
46.64

±/ Data do not always cover calendar weeks. 2/ Tuesday prtces. 3/ Daily average. £ / Wednesday
Production, 2,681 thous. short tons; operating rate, 94.7 percent. * Monthly index for May 1958.
temporary programs (TUC) and under Ex-Servicemen's Unemployment Compensation Act of 1958. 0JCX)- #
ity (140,742,570 tons); not comparable with 1959 rates which are based on January I, 1959, annual

4.68
58.25
62.60

153,903
2,653
93.7

data. 5_i Week beginning June 8, 1959:
** Includes persons reported under
Based on January 1. 1958, annual capaccapacity (147,633,670 tons).

MONTHLY BUSINESS STATISTICS
1959

1958
ITEM
Apri 1
CONSTRUCTION AND REAL ESTATE
Construction contracts in 48 States (F.W. Dodge Corp.):
mi 1. of do!,.
......«.do,••,
BuI 1d1ng, tota(•••••••••••••••••••••*
Construction cost index:
1947-49-100..

May

February

March

Apri 1

May

2,881
2,198

3,403
2,470

2,307
1,777

3,340
2,454

3,778
3,018

138

138

140

140

141

...do....
do,...

68,027
62,907
5,558
57,349
5,120

68,965
64,061
6,272
57,789
4,904

67,471
62,722
4,692
58,030
4,749

68,189
63,828
5,203
58,625
4,362

68,639
65,012
5,848
59,163
3,627

.mi 1. of do!..
do....

42,617
32,888

42,985
32,910

44,071
33,751

44,203
33,943

44,916
34,453

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

3,335
3,387
3,261
3,390

3,371
3,349
3,246
3,338

3,247
3,264
3,816
3,483

3,786
3,594
3,749
3,431

4,022
3,512
3,939
3,516

4.37

4.31

4.52

4.48

4.51

4.68

42.34
45.09
42.61
32,78
35.54
23.20

43.70
46.51
43.86
34.18
36.57
24.74

54.77
58.33
59.33
44.23
43.71
35.20

56.15
59.79
61.67
45.10
45.06
35.47

57.10
60.92
62.10
45.87
45.12
35,94

57.96
62.09
64.81
47. 12
44.30
36.07

20.26
40.17
27.36

20.54
40.96
27.51

25.23
50.08
34.78

26.30
52.09
35.60

24.70
51.37
34.22

25.15
50.47
33.39

EMPLOYMENT AND WAGES
Labor force (Bureau of the Census):
69,405
66,016
6,408
59,608
3,389

F1 NANCE
Consumer credit (short- and intermediate- term):
Installment credit extended and repaid:

Security markets, stocks (Stand. & Poor's Corp .):
Dividend yields, pref. stocks (14 higTi-grade)
Pr!ces:
.. 1941-43-10..
Industrial (425 stocks)...,...
Capital goods (129 stocks),.
Consumers' goods (196 stocks),,..
,.,
do,.,.
do..,.
Banks:
N. Y. City (12 stocks)


p/ Pre Iimi nary
http://fraser.stlouisfed.org/
9416
Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS —Continued

3
1959

1958
ITEM

February

January

Apri I

March

March

C H E M i C A L S A N D A L L I E D PRODUCTS
Organic c h e m i c a l s , p r o d u c t i o n :
Acetic acid (synthetic and n a t u r a i ) . B . . . . , . . . t h o u s . of lb.
A c e t i c anhydride
.•••••.••.•••.••••..••..••••••.do...
A c e t y I s a l i c y I i c acid ( a s p i r i n ) * . . , . . . . . . , . . . • • • • • . . . . d o ; . .
Creosote o i l . ,
. • • • . . . • . . • . • • . • • • • • . • t h o u s . of g a l .
DDT
•
.•••••• < . e 6 e o » e 9 6 9 « , 9 B s e o 9 t h o u s 9 of lb.

40,210
71,259
2,022
8,540
11,881

40,791
67,258
1,910
8,509
I 1,351

58,614
90,525
1,890
6,917
12,932

47,290
79,951
1,387
7,423
11,422

57,570
86,949
1,512
10,417
12,629

6,198
89,167
110,881

3,879
84,730
98,319

6,821
97,210
37,067

6,908
87,747
129,545

10,339
94,036
148,461

196
18,585
27,340

180
16,430
24,090

158
22,837
29,018

155
20,670
r23,995

192
19,774
34,223

3,823
7,653
736
278
33,260

3,752
6,452
775
229
29,403

*4,580
*8,8I0

*3,852
*7,954

*3,7I3
*9,049

294
44,008

290
r4l,8!9

288
47,956

45,838
23,901
62,698
25,876
8,506
8,637
72,121

48,359
22,237
54,436
27,914
10,117
9,966
66,813

62,241
29,162
83,659
30,683
10,469
11,041
87,329

60,905
27,693
r82,937
r29,649
10,194
10,712
78,419

73,706
30,064
91,662
34,030
10,604
14,783
95,133

(Edison Electric
m i l . of k w . - h r .

46,703

45,188

52,461

51,247

51,374

...do...
...............do...
....do...
•••••do...

7 ,831
22 ,155
352
14,026

7,699
21,813
326
13,144

#9,073
24,295
355
#16,967

#8,918
23,925
339
#16,328

#8,886
25,000
333
#15,424

787
463

#

#

#

1,041
48

728
423
1,020
35

563
1,149
59

509
1,172
55

497
1,167
67

797,337

776,473

885,725

872,315

859,070

518
1,360
4,818
!,000

485
1,383
4,963
1,149

424
1,441
5,885
1,322

377
1,219
5,686
1,080

423
1,334
5,733
1,143

,719.3
809. I
50.4
859.9
154.5

,804.4
839.0
57.8

907.7
165.2

,083.5
929.7
66.8
,087.0
200.8

1,861.8
783.1
55. 1
1,023.5
183.7

r2,548
r2,053
r2,592
r2,046
r9,535
r6, I 17

r2,676
r2,l66
r2,838
r2,306
r9,375
r5,979

r2,650
r2,104
r2,662
r2, I 16
r9,132
r5,60l

r2,642
r2,088
r2,682
r2,097
r9,09l
r5,59l

2,964
2,367
3,1 II
2,520
8,945
5,439

2 ,885
6 947
46 ,272
4 ,754
4 ,419

3,099
5,934
43,437
4,506
3,788

3, 164
9,828
53,601
5,470
6,212

3 ,046
9 ,699
46 ,944
5 229
6 ,147

3,543
I 1,512
38,602
4,569
7,462

590
796
447

582
807
457

687
1,002
517

767
1,037
.539

847
1,206
666

54 330
51 708
29 ,624

47,664
50,695
29,388

77,322
73,186
43,667

90 291
74 760
42 093

95,822
84,335
49,690

••do...
Ethyl acetate ( 8 5 ^ ) . s , t e 0 9 O . . 6 , ,
E+hyIene gIycoI
...ee***.*»»*..•.«
esdo...
••do...
Formaldehyde (37$ H C H O ) . . . . .
MethanoI:
e t h o u s . of g a l ,
Natura I ( I 0 0 # ) . . . . . . . . . . . . . . . . . . . . . . .
Synthet i c ( 1 0 0 $ ) , . . . . , . . . . . . . . . . . . . . . . . . . . . . . . . •,. . d o . . .
PhthaIic anhydr i d e . . . . . . . . , ,
thous, of lb.
Synthetic plastics and resin m a t e r i a l s , production:
C e l l u l o s e acetate and mixed ester p l a s t i c s :
S h e e t s , r o d s , and t u b e s . . .
thous of lb.
..do...
Molding and extrusion materials.'....
Other eel IuIose p I a s t S c s . . ,
................. . . d o . . .
Nitrocellulose s h e e t s , r o d s , and t u b e s . . . . . . . . . . . . . .do.
.do.
Phenolic and other tar acid r e s i n s .
P o l y s t y r e n e , ...•.••.•••••••••
•
•••••••••do...
Urea and m e l a m i n e r e s i n s . .
do...
0
Vinyl resins
.............. ..<>
do...
Alkyd r e s i n s . .
............
•*. . d o . . .
Rosin modifications
,
.do...
P o I yest'er res ins
..•••••••••
..»..*... do...
Polyethylene resins
,
......
do...

*

*

*

ELECTRIC POWER
Sales t o ultimate c u s t o m e r s , total
Institute)
Commercial and industrial:
Small light and power
Large light and p o w e r .
Railways and railroads
Residential or d o m e s t i c ,

Rural (district rural r a t e s )
.....do...
Street and highway lighting...
.......
do...
Other public authorities
..
do...
0
I nterdepartmenta I
..•.••.•••
do...
R e v e n u e from sales t o ultimate customers (Edison
Electric institute)
t h o u s . of d o l .
FOODSTUFFS
Livestock slaughter (Federally i n s p e c t e d ) :
Calves0
•
...thous. of a n i m a l s . ,
..do...,
Catt Ie....................
Hogsoeo8SO
.......do....
Sheep and l a m b s . . . . . . . . . . . . e................... .......do....
Meats:
,mi I. of lb..
P r o d u c t i o n , total
..do....
Beef and veaI
.....................
..do
Lamb and m u t t o n . . ,
P o r k , including lard.
..do....
Lard.......
..do....

,949,
855,
57,
,036,
191,

LUMBER A N D M A N U F A C T U R E S
Lumber (National Lumber M a n u f a c t u r e r s A s s o c i a t i o n ) :
P r o d u c t i o n , total
m i l . of bd. f t . .
Softwoods
do....
S h i pment s, tota I
,
do....
Softwoods
.do....
Stocks ( g r o s s ) , m i l l , end of m o n t h , total
do....
Softwoods.
.do....
METALS AND MANUFACTURES
Iron ore (incI.foreign o r e ) , operations in all U.S.districts:
Receipts at iron and steel plants.....thous. of long tons..
Consumption at iron and steel p lants."................do.,..
Stocks, end of month, at furnace yards.
do....
Stocks, end of month, at U. S. docks.....
..do....
Pig iron, prod. (excl. ferrosIloys),...thous. of short tons*.
Castings, gray iron:
Orders, unfilled, for sale
,
..do....
Shipments, total
do....
For sale............
do....
Castings, malleable ::iron:
Orders, unfilled, for sale...
,
short tons...
Shipments, tota I
do....
For sale
do....
r7 Revised.

* Effective May 1958, data for "other cellulose plastics" are combined with sheets, etc. and molding and extrusion materials;
data are not comparable with those for earlier periods: "rural" a!located between "residential" arid "small light

Digitized for #FRASER
Beginning January 1959,
and power".
http://fraser.stlouisfed.org/
9416
Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS — Continued

4

1959

1958
ITEM
March

Apr i 1

January

February

March

Apri 1

METALS AND MANUFACTURES - Continued
Castings, steel:
„short tons..

106,255
82,195
16,180

91,464
69,12!
11,956

!05,592
82,685
!4,408

110,280
86,013
14,686

131,317
103,848
20,086

short tons..

4,449
517
47!
626
454
240
516
1,517

4,573
337
40!
628
511
251
565
1,396

6, !86
560
509
888
679
268
498
2,648

6,524
410
558
938
706
279
526
2,7!4

8,118
554
651
1,211
950
562
7S4
5,185

196
557
2,542

208
324
2,387

256
224
1,794

294
2!6
1,864

255
260
1,875

246.9
187.0
97.4

276.1
211.5
112.5

359.8
236.5
122.7

r33l.6
231.8
r122.7

590.0
272.9
150.8

50,695
45,002

35,075
52,440

47,409
37,693

r44,656
43,550

45,765
46,502

162,468
149,598
9,577
114,985
69,587
55,597
72,716
52,056
18,884
220,009

155,466
148,54!
4,561
100,058
61,214
27,192
71,992
50,808
!9,5!4
218,675

r158,506
r148,799
5,340
99,516
52,705
37,049
89,053
64,128
22,82?
252,913

r!62,707
r152,452
6,326
100,696
55,545
35,652
86,317
63,462
20,999
246,716

181,751
171,485
6,778
152,066
75,05!
46,526
94,688
69,977
22,954
252,612

do....

38,132
! 12,863

56,557
107,897

49,913
82,487

47,345
79,657

51,991
78,871

41,483
78,157

.......do....
.......do....
do..,.

84,163
66,637
209,468

74,046
67,185
!99,226

108,504
89,636
187,043

102,297
87,395
187,181

111,577
95,089
185,866

108,477
79,739
182,939

435,464
542
313
359,464
546,297
75,658
57,657

596,712
344
290
322,482
508,904
75,886
56,042

635,664
169
112
539,451
527,588
96,044
8!,599

577,095
145
141
476,977
466,564
99,973
83,775

686,612
245
200
575,012
565,849
111,555
95,060

702,952

Steel products, net shipments:
Structural shapes (heavy), steel piling.....
do....
do....
.......do....
.......do....
do....
do....
Sheets and strips U n c i , electrical), total.
Fabricated structural steel:
..do....
do....'

8,605
568
694
1,282
1,113

403
821
3,215
295

29?
1,922

Aluminum shipments:
.mil. of lb..
.......do....
.......do....
Oi 1 burners:
..do....
Stoves and ranges, domestic cooking, excluding e lectrica!:
Gas (including bungalow and combination)^/.. .......do..,.
do....
do.-...'
.......do....
do....
Gas............. *....... .•.. • • •. • . • •»... •. •.......do....
•••
do....
•••••..do....

..........

RUBBER AND RUBBER PRODUCTS
Natural rubber:

Synthetic rubber:

TRANSPORTATION EQUIPMENT
Motor vehicles:
.......do....
do....
.......do....
do....

253
251
585,789
575,268
H6,9I0
98,906

r_f Revised. J./ Data include shipments of built-in gas-fired ovens and exclude figures for top burner sections made for use with these
ovens.
USC0MM-DC-94!6.

PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $300

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT



BUSINESS