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^-tMENT Of

r„

March 25,1960

:EKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSH
Available only w i t h s u b s c r i p t i o n t o t h e SURVEY OF C U R R E N T B U S I N E S S , at $4.00 a n n u a l l y , t h i s S u p p l e m e n t provides selected
weekly a n d m o n t h l y data s u b s e q u e n t t o t h o s e p u b l i s h e d in t h e latest m o n t h l y SURVEY

SELECTED BUSINESS INDICATORS
Index, 1 9 4 1 - 4 3 = 10
90

Index, 1 9 4 1 - 4 3 = 10
90

Monthly
{daily avg. close)

«1CES OF 425 INDUSTRIAL STOCKS
80

70

60

50

*o u

1959

1958

1957

J F M A M J J A S O N D

I960

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

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

Weekly

Monthly

ELECTRIC P O W E f t P R O A C T I O N (by utilities)
(E. E. !. seas. adj. index)

275

275
U#

i960

250

2 50
1959

225

225

200

(, v i

i

i

» i

I

i

i

i

r

i

1957
index

1 i

t

i

» i

I

i -i—JL_I_L I

i

i

? —i—i—I—i—i— J

» i

- L L J

i

1959

1958

1947-49= J00

i

I

I

I

I

I

I

i

-L-LJ—LLJ
J F M A M J J

I960

I I I \JL^
A S O N D

Index, 1 9 4 7 - 4 9 = 100
120

ISO

FREIGHT CARLOADINGS ;

WHOLESALE PRICES

(seasonally adjusted)

140

Commodities
Farm

Products

other

than

and

Poods

100
•••••••••••••<••

120
80

100
*Average per working day

80

Luj^JaxjajJj_JJJjJ^^
1957




1958

60

S959

I960

LJLLLLLLLJ

1957

I I I I I i I I I I I I I M I 1 I I I I I I 1 I I I I I I i I I I

1958

1959

I960

200

2

WEEKLY BUSINESS STATISTICS *
I960

1959
i ItM
Mar e 14

Feb. 27

Mar. 21

Mar. 5

Mar. |9

Mar. 12.

Commodity prices, wholesale:
.... 1947-49-100..
...........do....
...........do....
A 1 1 other
....
Department store sales......................
State programs U n c i . Alaska and Hawaii)..
Failures, industrial and commercial..,,.
Finance:

..do....
do....
...do....
number..

Federal Reserve bank credit outsta.nding,tota 1 4V
do....
Member bank reserve balances 4/..........
......do
Excess reserves, estimated 4/
...........do
Reporting member banks (of F.R.System) in leading cittes:J5/

85 °c5
124
2,414
2,137
311

*l19.6
*90.8
*I07.2
* 128.1
86.2
137
2,231
2,049
292

83*3
1 10
2,323
2, 156
277

Bond yields, domestic corporate (Moody's) t
Stock prices, 500 stocks (Stand* & Poor ! s) 5/..1941-43=10..
Industrials, 425 stocks,................
do
Production:
Bituminous coal 4 /
.thous . of short tons.,
E1ectr i c power, by ut i 111 i es
.mi 1. of kw.-hr..
Motor vehicles (cars, trucks, coaches)....
Petroleum (crude) and condensate 4 /
..thous. of bb I,.,
. of short tons..
.thous. of cars..
.do

Mi seel laneous

290

31,215
26,976
18,421
553

31,287
27,048
18,439
388

31,562
27,235
18,046
370

31,516
27,102
18,101
438

31,613
27,075
17,941
365

61,868
30,280

61,233
30,323

33,178

32,852

11,618

11,645

59,744
30,127
101.375
25,525
30,178
12,637

59,536
30,146
101,572
25,352
30,320
12,605

59,586
30,227
100,986
25,068
30,331
12,587

4.40
56.35
60.02

4.41
56.39
60.03

4.86
55.74
59.54

4.86
55.62
59.38

4.83
54.04
57.67

1,300
12,996
159,137
7, 155

1,357
12,900
161,257
7,203

1,373
14,092
185,517
7,318

1,267
14,262
166,871
7,153

1,292
14,271
174,978
7,049

2,604
#92.0
596
326

2,631
#92.9
603
329

2,690
94.4
553
298

2,645
92.8
558
302

2,654
93.1
560
301

Loans and investments (adjusted), total.

do
do....
Commercial and industrial loans (cross )..........do....
Rea 1 estate 1 oans (grossK«...........
do

83.5
98
2,415
2,247
299

120 0
90 5
107 2
128,7
83.8

119.8
89.2
106.8
128.7
83.6
116

31,726
27,197
18,074
486

4.80
55.04
58.78

174,530
2,607
91 5

U Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Includes data for Alaska and Hawaii, and for the following programs:
State; R.R.; Federal employees; and ex-servicemen. 4/ Daily average. 5/ Wednesday data. 6/ Week beginning Mar. 21, I960: Production,
2,554 thous. short tons; operating rate, 89.6 percent. * Monthly index for Mar. 1959. # Based on Jan. I, 1959, annual capacity (147,633,670
tons); not comparable with I960 rates which are based on Jan. I, I960, annua! capacity (148,570,970 tons).

MONTHLY BUSINESS STATISTICS
I960

1959
ITEM
January
GENERAL BUSINESS

November

February

December

January

February

INDICATORS

INDUSTRIAL AND COMMERCIAL FAILURES:
Fai lures, total
......
...•••....••••••••• number..

S,273

1,130

1,080

1,181

Commerci a 1 servi ce,-........................,...., ..do....
..do....
..do
..do
Wholesa te trade................................. ..do....

96
188
215
642
132

104
164
207
582
104

105
186
195
520
124

89
163
231
478
119

93
193
210
587
98

of do I..

73,564

58,592

53,214

59,556

53,67!

60,945

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

6,559
8,274
17,062
33,197
8,472

4,547
6,911
17,444
22,327
7,363

3,027
12,136
17,266
15,244
5,541

3,072
10,453
23,822
13,443
8,766

3,129
11,993
16,324
15,951
6,274

2,501
10,770
21,527
16,687
9,460

1, 16!

1,214
S03
195
196
609
1.1 1

COMMODITY PRICES
WHOLESALE PRICE INDEX:
ALL C0MM0D1T1 ES
1947--49=100..
By stage of processing:
Crude materials for further processing
..do,...
Intermediate materiaIs,supp1ies, and component 5..do....
...do

Fruits and vegetables, canned and frozen

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

I 19.5

I 19.5

1 18.9

! 18.9

119.3

119.4

r94.6
r127.5
r120.6

94.8
127.4
120.6

86.5
r104.9
77.2
78.5
r!05.6
r120.7
rI 18.8
104.5
r92.4

87.0
100.5
76.7
80.8
105.7
120.7
118.4
105.0
93.0

98.1
126.3
120.8

98.0
126.5
120.7

93.6
127.3
120,0

93.4
127.3
120.1

91.5
102.5
76. !
90o3
S08.7
117.5
113.0
I 10.8
103.3

91.1
105.9
77.0
88.4
107.6
117.7
113.0
1 10.6
100.9

85.4
103.2
76.5
75.3
104.9
120.4
117.7
106.4
90.8

85.9
107.9
76. 1
76.0
104.7
120.4
1 18.1
104.6
90.5

i

r/ Revised.
108;
CORRECTIONS for pp, S-2 and S-3, March I960 SURVEY: Industrial production indexes, unadjusted—consumer goods, December 1959,
products, January I960, 127; February I960, 121; appliances, TV, and radios, January I960, 130.

Digitized for seasonally
FRASER adjusted— automotive
9302


MONTHLY

BUSINESS

STATISTICS—Continued
1959

1TEM

January
COMMODITY PRICES -

February

November

December

1

I960
January

February

J

Continued

WHOLESALE PRICE INDEX - C o n t i n u e d
COMMODITIES OTHER THAN FARM PROD. AND FOODS.. .1947-49=100.J
........do....
C h e m i c a l s and a l l i e d p r o d u c t s

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

Coa 1

1947-49=100..
.do....
F u r n i t u r e , o t h e r household durab l e s . . . . . . . . ,
.....
do
.........do
.........do
.........do....

127.5
(10.2
124.0
93.0
59,9
107.6
128.2

127.8
109.9
123.7
93.0
58.9 1
107.5
128.4

128.5
1 10.0
123.9
93.8
52.2
106.6
128.3

128.6
110.0
124.0
93.7
50.8
107.0
128.3

128.8
109.9
124. S
93. &
49.2
r108.8
128.3

128.8
i 10.0
124.2
94.0
49.4
108.8
128.3

113.9
125.3
100.7
112.7
118.2
123.3
105.0
124.1
89.!
70.2

114.8
126.2
100.8
112.0
119.5
123.3
r105.t
124. 1
89.1 |
70.2 1

I 11.2
124.0
100.7
113.8
113.9
123.3
104.1
124.3
87.7
69.2

III.7
124.1
101.2
115.5
114.3
123.2
r103.7
124.2
87.8
69.2

II 1.9
124. 1
101.3
MI6.6
114.4
r 123.4
r103.3
r124.7
r87.7
r69.0

112.0
124.1
101.8
115.3
114.6
123.5
103.2
125.0
87.7
69.0

104.1
123.2
68.7
99.3
120.5
121.0

105.4
123.3
73.0
iOl.O
122.5
123.1

II 1,7
133.8
67.2
J03.8
124.3
125.8

112.3
134. I
73.8
103.5
124.8
125.9

r112.7
134.2
73.7
i05.5
r125.1
r126.1

112.0
134.2
69.3
104.8
124.7
125.8

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

151.8
142.9
170.7
152.6
143. i
152.9
121.8
172.0
133.2

152.0
143.0
171.2
152.5
143.2
153.4
122.0
172.5
134. 1

153.6
143.9
172.9
156.1
141.6
155.8
121.5
173.6
141. 1

153.7
144.0
172.9
155.7
141.6
155.2
121.6
172.2
140.7

153.8
144.3
173.6
rl56.0
141.6
M55.5
r120.9
172.4
142.2

154. I
145.5
173.9
156.5
141.6
155.4
120.3
171.6
142.1

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

137.2
159.3
128.6
133. 1
131.5
142.1
145.2
151.9

137.5
159.6
129.0
133.1
131.7
142. 1
145.4
151.9

137.7
160.6
130.3
133.1
132.3
144.3
144.9
133.3

137.8
160.7
130.4
133.1
132.4
144,3
142.5
133.3

r138.4
r161.3
r130.8
133.1
r133.7
144.5
143.5
133.3

138.1
161.3
131.3
133.1
133.2
144.5
145.1
138.1

do
do....
........do
do
do
Woo 1 p r o d u c t s
....
do
do
Tobacco manufactures and b o t t l e d b e v e r a g e s . .
do
Beverages, a 1 c o h o l i e . . . . . . . . . . . . . . . . . . . . . .
do
do
do

93.3
99.3
88.7
104.7
79.3
97.3
128.6
121.7
134.8
100.8
1.17.8

93.7
99.3
89.6
109.3
79.8
97.6128.9
121.7
134.8
98.5
117.9

96.3
100.9
94.0
1 1.7.4
81.4
103.7
131.7
120.7
134.8
93.7
117.7

96.7
100.9
95.0
121.7
81.3
104.2
131.7
120.7
134.8
94.2
118.0

r96.6
r100.8
95.9
122.0
r79.4
r104.0
r131.7
r120.5
134.8
r95.3
r 1 17.7

96.5
100.6
95.8
119.5
79.8
103.2
131.7
120.6
134.8
93.4
117.8

.mi 1. of d o l . .
do....
do....

221,953
86,507
44,505

195,764
74,346
39,635

217,139
82,273
43,810

261,121
104,976
51,763

230,100
88,529
46,305

221,939
85,058
45,626

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

4,956
4,523
76
2,944
424
321
1, 192

8, 152
6,576
70
5,202
362
1,281
1,237

7, 152
5,897
94
4,444
405
965
1,244

8,350
7,582
"99
2,733
3 , 180
527
1,811

5,425
4,909
90
3,004
564
341
1,427

9,289
7,265
93
5,718
483
1,611
1,384

do....
.do
do

6,776
675
6,101

6,331
630
5,701

6,598
743
5,855

6,844
800
6,045

6,199
826
5,373

6,170
779
5,391

Hn
do
sss8do.iee
do
do
do....
...
do....

665.4
267.8
65.9
rll.l
r67.8
118.7
134.1

595.3
246.9
54.9
9.8
54.7
117.5
1 1 1.5

591.5
244.5
49e9
9.4
54.8
1 16.6
1 16.3

814.2
307.4

636.3
258.6
61.0
II.0
75.1
126.4
104.2

Hides, s k i n s , and l e a t h e r

products..,...............do
....
do....
do
do
j
do
...do

Heating equipment
Iron and s t e e l

.„

C1 ay p r o d u c t s

T e x t i l e p r o d u c t s and a p p a r e l . . . . . . .

|
!

1

F1 NANCE
BANK DEBITS, TOTAL (344 CENTERS)
FEDERAL GOVERNMENT FINANCE:

.
PAYMENTS TO POLICYHOLDERS AND BENEFICIARIES, ESTIMATED
TOTAL 1/
Matured endowments. „ . . *

1

60.0
10. 1
48.1
-144.2
244.4

_r/ Revised. J/ The total and components include data for Alaska beginning January 1959; for Hawaii, beginning September 1959.
9302




4

MONTHLY BUSINESS STATISTICS — Continued
1959

I960

ITEM
February

January

j November

January

METALS AND MANUFACTURES
STEEL PRODUCTS, NET SHIPMENTS:
Total (all g r a d e s ) . . o e o „ a t s a o „ 0 , ..thous. of short tons
Semifinished products,, . . . .„. „ „ ..................do..
„,
Structural shapes (heavy), steel pili ng. .......... .do. „
P I ates
. . . . . i . . . . . . . . . . . . do..
Rails and accessories.......„... ..................do..
Bars and tool steel, total...... ...................do..
Bars:
Hot r o l l e d ( i n c l . l i g h t s h a p e s ) . . . . . . . . . . . . . , „ . d o . .
R e i n f o r c i n g a e . * . . . . . . . . . . . . . . . . . . , . . . 8S „ c „ . c . o e d o . .
Cold f i n i s h e d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . „ d o . .

Pipe and tubing e ............„..„.„.......„...... 0 0 .do*.
Wire and wire products...
do..
s
Tin mill products,
„......,...,«.
do.,
Sheets and strip (incl. electrical), total.........do..
Sheets: Hot rolled..............................do..
Cold roI led.............................do..
Furnaces, industrial, new orders, net:
Electric processing,,......................... .mi I. of do!
Fuel-fired (except for hot rol I ing . stee i 5........... .do..

6, 186
248
360
509
56
888

6,524
270
410
558
123
938

,842
253
315
434
47
759

8,21 I
4S6
570
754
120
1,283

8,430
414
619
776
170
S,245

623
134
123

656
141
133

502

163
86

901
213
160

879
!85
172

679
258
498
2,648
731
!,339

706
279
526
2,714
784
1,330

510
233
349
,943
575
924

859
381
553
3,275
956
1,599

914
372
588
3 ? 332
995
1,592

.9
2.2

.9
1.9

1.4
4. I

1.6
5.2

1.4
2.2

2.0
2.2

49 I. I
465.
209.

466 0
416 2
259 6

563.3
594.5
I66e9

538.
551.
153.

527.4
493 a 8
I87 e 3

533,6
494.8
226.0

165.
155.
27.
394.
651.

149
155
21
384
636

169,
169,
18,
487,
644,

167.
167.
18.
459.
658.

179.4
167.0
30 e 5
431.6
651.8

I57 e
155.
32.
416.
670.

8,391

3, I 16

8,458

8,650

8,455

8,604

690

697

725

800

735

731

9,282
7,636
9,409

r19,270
17,642
r9,5!4
r476
8,743

19,308
17,696
9,880
494
9,051

19,326
17,709
I1,039
442

19,365
17,678
9,995
500

PAPER AND PRINTING
NEWSPRINT, CANADA (INCLUDING NEWFOUNDLAND):
..thous. of short tons..
Production
.......do....
Shipments from mi I Is..........
.......do....
Stocks at mills, end of month.
NEWSPRINT, UNITED STATES:
Production.........................„'„................do....
Shipments from mi I is..................................do....
Stocks at mills, end of month..............'.'...........do....
Consumption by pub Iishers............................do....
Stocks at and in transit to pub Iishers,end'of month..do....
Paper products:
Shipping containers, corrugated and solid fiber, shipments
mil.• sq. ft. surface area..
TEXTILE PRODUCTS
COTTON: ±f
Consumption...............................thous. of bales..
Manufactures:
Spindle activity (cotton system spindles):
Active spindles, last working day.;.........thou sands,
Consuming 100 percent-cotton.................. .do...
Spindle hours operated, all fibers, total....mi I I ions,
Average per working day..................... .do...
Consuming 100 percent cotton.................. .do...
MANMADE FIBERS (RAYON AND ACETATE):
Production:
Filament yarn................................mi i. of lb
Staple, incl. tow (rayon)..........................do..
Stocks, producers', end of month, totaI..............do..
F ?lament yarn....................... e B .............do..
Staple, incl. tow (rayon)..........................do..
r_/ R e v i s e d . J_/ Data f o r
USCOMM-DC-9302

December

1959 a r e f o r

56. 1
33.5
98. 1
50.4
47.7

!
i

54.7
31.2
99.0
48. 1
50.9

58. I
24.6
106.2
50. I
56.1

10,157

9, 144

19,358
17,665
9,985
499
9, 131

63.4
27.2
II 1.3
56.3
55.0

58.5
25.6
109.0
56.9
52. i

57.9
25.8
109.4
58.0
51.4

5 weeks; o t h e r m o n t h s , 4 w e e k s .

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




471
8,552

6
0
7
5
3

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