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June 29, 1956

BUSINESS

STATISTICS

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 DOLLARS

BILLION DOLLARS

95 •
A¥§rtt9§ of

TOTAL LOANS A N D INVESTMENTS
(Federal Reserve W e e k l y R e p o r t i n g M e m b e r

""*"*»

95

Wednesday data

" "

Banks)

C

10

90

"^ 1

RS

80

86
19.55

~

75

70

/

1956

^

1

1 1 1

1 LJLJ^J

1

J

1

1

1 1

1

1 1

1

1 1

1

1

I

i

1954

1953

i

1

8 i

i

1

I

1

i

!

i

S955

i

I

1

I

S I

.JLJ-^JLl I Lj-JL^LJUjJ 70

i

d ' F M A M J J A S - O N D

1956

INDEX, 1 9 4 7 - 4 9 = 100

INDEX, 1 9 4 7 - 4 9 = 100

S tb

175

Monthly

STEEL PRODUCTION (ingots and steel for castings)

*""""• """\

150

-j

150

125

H

125

soo

-j

H 100

75

\

\

\

1 i

1

1 1

1 !

1

1

1953

1

1 1

t

1 1

!

1

1 I

i

i

i

i

1954

i

1 i

i

i

i

i

i

i

1955

i

i

i

1 i

I

1 ; 1

1956

INDEX, 1 9 4 7 - 4 9 = 100

INDEX,

125

120

1947-49^=100

FREIGHT CARLO ADINGS*

CONSUMER PRICES

(seasonally adjusted)

110
120 hAll Items

100

115

no
!05 U M i i I i II IS it i II i I i M H 1 HI i i i i i i i f l i i i I i 1,1 I i 1 1
S953
1954
1955
1956



80

h
* Average per working day

70

1 i I I M 1I M 1I 1II i l l I I I i l l h i I I I I

1953

1954

I l l l l l n i l l l l l l U .

1955

1956

WEEKLY BUSINESS STATISTICS1

2

1956

1955
ITEM

1947-49-100,.

Foods, processed

June 2

June 25

June 18
Commodity prices, wholesale:
Al 1 commodities

*l10.3
*9I.8
* 103.9
•115.6
90.8
103
1, 193
1,089

do,...
90.4
117
1,222
1,117

88.3
109
1,322
1,247

June 16

June 9
114.2
91.1
S02.9
121.4
88.2
124
1,304
1,228

114.2
9!.4
502.5
121.4
89.0
I3S

30,542
25,251
18,749
511

June 23
1 14.0
90.7
101.9
121.4
87,8

........

Finance:
Federal Reserve bank credit outstanding, total 3/....do....

30,058
24,956
18,678
579

30,035
25,055
18,998
697

30,327
24,995
18,569
347

30,505
25,320
18,819

57,726
21,600
85,009
32,842
23,355
7,797

57,127
21,629
84,449
32,303
23,433
7,828

55,52!
21,684
84,724
26,873
27,784
8,503

55,641
21,806
84,726
26,719
27,971
8,508

238
3.46
334.5
387.0

257
3.46
335.6
390.0

cr\A

30,54!
25,779
19,116
cr\o.

Federal Reserve reporting member banks in leading cities:4/
Time deposits, except U. S. Government
do....
Loans and investments (adjusted), total............do....
Commercial, industrial, and agr. loans (gross)...do....
Failures, industrial and commercia 1. ae.....-. .. es.. .number..
Bond yields, domestic corporate (Moody's) 3/
percent..
Stock prices,480 stocks (Stand. & Poor's) 4/..1935-39=100..

214
3.23
302.2 .
342.4

205
3.23
306.7
348.6 -

56,974
21,851
85,236
26,745
28,258
8,547
286
3.46
340.7 i
396,9

...•O.9.

.....*.•
245
3.46
340.8
396.9

Production:
Electric power, by utilities

..........mil. of kw.-hr..

1,580
9,987
165,437
6,626

1,703
10,226
180,520
6,637

1,585
10,598
94,917
7,037

1,642
10,951
126,554
6,998

1,713
11,425
121,491
7,066

2,316
#96.0
785
380

2,292
#95.0
709
387

2,370
96.3
719
352

2,380
96.7
787
383

2,299
93.4
801
381

127,957
2,290
93.0

\_l Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4/ Wednesday data. J5/ Week ended June 30, 1956s Production, 2,314 thous. short tons; operating rate, 94.0 percent. J5/ Data for 1956 adjusted to revised classification of class 1 railroads.
* Monthly index for June 1955. # Not comparable with 1956 rates which are based on higher capacity.

MONTHLY BUSINESS STATISTICS
1956

1955
ITEM
Apri 1

May

February

March

April

May

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

114.2
103.1
III.2
104.6
117.5
103.0

114.2
103.3
III.!
104.0
120.2
102.1

114.6
104.6
108.8
107.3
113.3
93.6

114.7
104.8
109.0
106.9
114.8
92.8

114.9
104.8
109.6
106.4
116.7
94.0

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

119.5
110.3
104.5
129.9
127.3

119.4
110.9
103.7
130.3
127.5

120.7
III.7
102.5
131.5
130.9

120.7
III.7
103.1
131.6
131.4

120.8
Ml.8
102.7
131.7
131.6

120.9
1 11.8
102.6
132.2
131.9

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

113.7
106.6
125.3
119.8

M3.9
106.5
125.5
119.9

118.9
107.5
126.9
120.9

119.2
107.7
126.7
121.2

119.5
108.2
126.4
121.4

1 19.6
108.2
126.9
121.5

1947-49-100..
do....
........do....

90.5
87.6
89,9

91.0
87.6
90.0

89.0
87.3
91.9

88.7
87.2
91.7

88.0
87.0
91.2

2/ 87.5
2/ 86.7
2/ 90.1

79,184
2,322
1,776

75,896
2,185
1,737

58,056
1,860
1,429

79,196
2,382
1,986

81,231
2,421
1,966

78,801
2,480
1,949

do....

260.7
256.2
260.0

261.8
257.3
261.3

271.6
267.7
270.5

272.4
268.7
271.6

274.1
270.3
273.4

276.8
272.5
275.4

do....
Brick and steel.«-.o....o..........0.0..o,.o. = c s s e e = s d o

268.5
264 s 5

269.7
265,6

279.4
277.1

280.4
278.4

282.3
280.0

285.3
282,2

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

1/ 115.4
104.8
1 1 1.0
107.5
121.5
95.5

Purchasing power of the dollar as measured b y —

CONSTRUCTION AND REAL ESTATE
Construction contracts awarded, 37 States (F.W. Dodge Corp.):
.mi 1. of dol..
do
Construction cost index (E. H. Boeckh and Associates):
Apartments, hotels, and office buildings:
Brick and concrete
U. S. avg. 1926-29-100..
Commercial and factory buildings:

±/ Index based on 1935-39=100 is 192.9. 2/ Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices, 45.8; consumer

prices, 51.8; retail food prices, 44.6.


MONTHLY BUSINESS STATISTICS — Continued

3

1955
ITEM

April

1956

May

February

March

Apri 1

May

CONSTRUCTION AND REAL ESTATE - Continued
Construction cost Index (E. H. Boeckh and Assoc.) - Con.
Commercial and factory buildings - Con.
258.1
260.3
247.4

259.6
261.8
248.3

269.0
270.5
261.8

269.9
271.4
263.3

271.5
273.6
264.6

273.8
275.4
266.2

260.7
254.9

262.3
256.4

27!.2
265.2

272.1
266.2

273.8
268.2

276.1
269.9

4,941
3,732
51
3,976
795
119

6,119
4,438
56
4,849
939
276

7,158
6,195
57
5,959
944
198

12,499
11,313
59
11,344
963
133

5,562
4,082
59
4,461
894
147

7,107
5,050
63
5,780
5,014
251

5,228
355
383
.1/ 3,382
1,108

5,356
443
381
1/ 3,346
1,187

4,950
553
398
3,214
786

5,399
559
400
3,284
1,156

5,387
565
p406
p3,232
pi,185

5,467
561
p432
p3,433
p1,040

45,256
72,127
1,217
10,167

41,621
70,477
1,413
SO,681

42,662
73,385
1,931
8,787

41,851
79,150
1,728
2/ 10,166

45,006
71,802
1,412
2/ 9,162

Residences^
Frame.....,

•

• ...•;••.'••••••. ...do....

FINANCE
Federal Government finance:
Receipts, total................................sal 1. of dot..
Receipts, net..
.....do....
Miscellaneous interna! revenue......

Major national security

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

.«..,,«...

do....

CHEMICALS AND ALLIED PRODUCTS
Organic chemicals, production:

DDT

..thous. of lb..

9,216
9,006
55,756
104,641

10,703
6,171
72,854
104,700

10,742
7,702
81,911
110,519

11,083
6,791
81,632
121,906

10,967
6,820
80,315
112,692

Methano1:
Natural (I00£)
Synthetic (100$)

.thous. of gal..
do....

185
15,886
29,263

192
16,740
29,339

178
17,070
28,714

189
20,703
29,625

204
19,078
28,271

3,265
7,574
427
584
39,448

3,247
7,758
403
561
39,876

3,426
7, 178
497
501
42,799

4,296
8,007
501
r585
r43,935

3,606
7,376
513
429
42,807

41,824
23,711
56,773
38,835
12,096

42,550
22,636
61,731
38,444
11,820

40,401
26,507
61,607
32,392
12,055

43,272
25,161
66,675
33,482
11,468

48,812
23,360
65,487
31,403
11,819

14,962
r 15,503
11,422
844,138

13,155
16,130
10,825
844,320

16,888
14,616
11,523
847,965

19,181
11,400
13,528
850,415

17,652
16,257
13,736
851,268

10,122
5,361
713,985
6,340
5,718

9,073
5,181
716,078
5,657
4,909

10,614
6,130
729,962
6,223
5,476

12,268
7,051
731,805
6,921
6,015

11,426
6,910
733,530
7,219
6,230

119,108
101,451

142,168
93,542

59,401
38,185

57,841
30,936

46,331
22,791

50,211
35,691

67,491

72,047

100,920

103,365

106,868

99,246

966.1
1,293.7
679.9

937.9
1,310.4
707.1

1,140.8
1,214.8
680.5

1,162.6
1,255.4
715.2

1,144.9
rl,2!8.0
702.1

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

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

113,616
93,533
54,466
6,603

106,491
86,941
46,266
7,149

99,573
83,320
47,064
6,925

120,053
92,237
16,646

122,465
92,713
16,810

165,398
128,598
30,833

170,045
130,839
31,991

r163,708
125,015
27,475

Synthetic plastics and resin materials, production?
Cellulose acetate and mixed ester plastics:

FOODSTUFFS
Disti Med spirits:
Consumption for beverage purposes

thous. of wine gal..

Whisky:
Product ion
Tax-pa Id wi thdrawa Is
Stocks, end of monJ

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

Rice, California:
Stocks, rough and cleaned (cleaned basis), end
METALS AND MANUFACTURES
Castings, gray iron:
I

Castings, malleable iron:
i
!

6,921

Castings, steel:

£./ Revised, j*/ Preliminary- jj Not entirely comparable with data beginning July 1955. 2/ Incomplete; comparable amount for February
~


1956 is 8,047,000 gallons.


MONTHLY BUSINESS STATISTICS —Continued

4

1955

1956

ITEM
Apr 1 I

February

May

.Apr! I

March

METALS AND MANUFACTURES - Continued
SteeS forgSngs (for sale)?
Orders, unfilied, total .• ••••••••.•••••thous, of short tons
Shipments, total............................. 9 ......,...do,,
Drop and upset......... ... oe8 .. ... .. «> <,«.<» «»* • oea . ee • . 0 d o e o
Press and open hammer..•••••••••..•••••••••••.••••..do...
Zinc;
Imports (general)•
Ores and concentrates... ••..••••••••••••.•••••short tons
Metal (slab, blocks)............;......•........ eo ».do e .
Slab zinc?
Production Cprimary smelter), from domestic and
foreign ores.,..
........ .... ....••••••• short tons
Secondary CredSstf I led) production, totaj..••••••••.do.*
Consumption, fabricators 8 , total.......•...•.....•..do..
Exports. ............•...•.•••.•.,;•.............•..•.., do..
Stocks, end of months
Producers 1 , smelter (AZI}. 9 9 8 , 9 ., e . 8 . 9 8 . 8 ...,,,,..do,.
Consumers 8 ........................................ do..
Furnaces, industrial, new orders, nets
Electric processing..........................thous. of do!
Fuel-fired, (except for hot roiling stee.l)..... ••••••• .do..
Machine tools (metal-cutting types)?
New orders (net), total.........••...........••m!I. of dol
Domestic... ...••*•••• ••••.••••.••'••••..••••.•••.•...•do..
Shipments, total....................•••.•••••••.••••••do..
Domest ic
•••••••.. do..
Estimated back log. •••••••••••••'••••••••••••••••••• •.months
Mashers, domestic, sales biMed........•••••••...••thousands

474.5
149.6
113.5
36.2

488.0
S47.0
109.4
37.7

r589e0
151.7
118. I
33.6

577.7
158.9
122.2
36.8

569.4
r150.0
114.8
35.2

41,262
15,696

34, 134
13,048

55,729
17,238

40,916
12,178

43,453
14,081

78,399
5,387'
91,312
413

81,173
5,004
94,913
3,053

80,987
5,342
89,762
671

85,050
6,640
r91,782
554

82,638
6,026
87,222
1,083

74,579
103,304

63,184
104,003

39,833
125,171

40,038
r127,236

47,907
128,355

2,234
5,032

1,813
3,801

1,768
9,770

2,221
3,526

1,924
6,182

50.25
44.75
53.25
48.65
4.5
313.5

68.70
64.25
53.50
46.55
4.7
341.8

81.30
72.35
64.60
58.70
8.5
405.6

89.50
80.05
74.15
67.85
8.6
405.7

T79.30
r74.00
71.80
65.00
8.4
324.2

9,153
9,937
4,457
14,890

9,949
9,865
4,352
14,936

8,897
7,473
3,342
20,933

9,193
8,627
3,466
21,562

8,834
9,119
3,21.7
21,132

2,836
3,250
7,963

3,005
3,233
7,735

2,969
2,921
6,547

3,347
2,962
6,848

3,094
2,797
7,312

1,636
372
5,856
1,908

1,816
496
5,328
1,744

I ,860
288
5 ,664
2 ,060

2,285
410
5,940
2,285

1,796
452
5,328
S,8I2

416
360

424
360

380
416

345
450

328
408

RUBBER AND RUBBER PRODUCTS
Tires and tubes:
Pneumatic casings:
Product ion. ..........•.^......^.o....„.,»......„ .thousands
Shipments, tota I.
.do..
Or5ginaI equIpment
..do..
Stocks, end of month.•••••••.•••••.•••••••••••••••••do...
Inner tubes:
Product i on
••••••••••••••••••••••••••••••••••••do..
Sh ipraents.
.do..
Stocks, end of month...
•••••••do*..
TEXTILE PRODUCTS
Men's apparel, cuttings: J /
Tailored garments%
Suits.....
Overcoats and topcoats
Trousers (separate), dress and sport
Shirts (woven fabrics), dress and sport
Work clothing:
Dungarees and waistband overalls.
Shirts
rj

Revised.

JJ/ P r e l i m i n a r y .

thous. of units
do..
do..
thous. of doz
do..
do..

\J Data for March 1956 cover 5 weeks; other months, 4 weeks.

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