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March 28, 1958 BUSIN u I n I lu I l u u A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $4.00 annually, this Supplement provides-selected weekly and monthly data subsequent to those published in the latest monthly SURVEY SELECTED BUSINESS INDICATORS Index, 1947-49 = 100 Index, 1947-49 = 100 175 175 STEEL PRODUCTION (Ingots and sfeel for castings) Monthly 150 150 125 125 100 H -H 100 Jl 1956 1955 \ S957 L-L-J- I J F M Thousands 1,200 PASSENGER CAR A N D TRUCK' PRODUCTION 1,000 800 600 A M J J A S O N D Thous Monthly (United States plants) _/ V \A \ V ^A ^ 400 I I » 1958 ( - 200 »i i i i i i i i i i i 1 1 1 ' ' 1 ' V ' ' ^AV /1 ' ' 1 1 1 1 1 1 1 1 1 11 Index, 1 9 4 7 - 4 9 = 100 \ \ 1 ' ' l ' 1 1 ' 1 l ' 1 Index, 1 9 4 7 - 4 9 = 100 120 FREIGHT CARLOADINGS* 125 CONSUMER PRICES (seasonally adjusted) 110 120 IOO h § !5 Food * Average 105 UJ™UJ_LUJ 1955 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ w \ \ l-J-JLU S956 1957 1958 70 i i i IJJLLLLLL 1955 I I I I I i I I I I S956 per working day I I I I 1 I I I I I I 1 I I 1 I I I I I I.JJ 1957 1958 WEEKLY BUSINESS STATISTICS1 2 195nt ITEM 1958 Mar. 23 Mar. 16 Mar. 1 Mar, 8 Mar. 22 Mar. 15 Commodity prices, wholesale: • • • •••••• • 85.7 100 3,502 3,238 331 !I9.4 99.0 109.6 125.8 85.6 105 3,496 3,231 358 119.5 99.8 109.5 125.9 85.4 106 119.7 99.8 109.9 125.9 85.5 336 357 30,592 24,638 18,930 607 88.8 107 1,723 1,593 30! •116.9 •88.8 •103.7 •125.4 88.8 113 1,665 1,539 318 30,609 24,79! 18,654 449 30,589 25,158 19,204 626 30,542 24,527 18,909 454 30,562 24,309 18,674 551 30,641 24,456 18,699 608 56,905 22,929 85,653 25,676 30,844 8,740 55,704 23,020 86,747 25,990 31,579 8,746 54,943 25,768 87,361 26,856 30,448 8,742 54,503 26,038 88,576 27,707 30.241 8,709 56,03! 26,264 89,408 28,025 30,372 8,725 3.97 44.04 46.88 3.97 44.10 46.99 4.00 40.92 43.62 4.03 41.47 44.25 4 9 03 42.4! 45*33 1 F i nance: Federal Reserve bank credit outstanding, total ,3/.••..do.... Federai Reserve reporting member banks in leading cities: ±/ Commercial, industrial, and agr. loans (gross)....do.... Stock prices, 500 stocks (Stand. & Poor's) £/...1941-43*10.. production: Bituminous coal 3/....................thous. of short tons.. 1,706 11,650 161,904 7,799 S,723 11,723 ! 161,865 7,818 i 1,385 11,803 108,959 6,841 !,350 11,793 101,415 6,328 1,258 11,860 103,399 6,257 2,401 93.8 689 356 2,392 93.5 1 686 1,475 #54.6 554 282 1,425 #52.8 544 280 1,463 #54.2 539 280 355 I coeeeeeeee 4*04 42.09 44.95 99,486 1,417 #52.5 ±f Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 47 Wednesday data. £ / Week beginning March 24, 1958: Production, 1,363 thous. short tons; operating rate, 50.5 percent. "» Monthly index for March 1957. # Based on January I, 1958, annual capacity (140,742,570 tons); not comparable with 1957 rates which are based on January I, 1957, annua! capacity (133,459,150 tons). MONTHLY BUSINESS STATISTICS 1957 1958 ITEM January February November December January February GENERAL BUSINESS INDICATORS Farm income and marketings: Cash receipts from farming, including Government payments, total.... ••••• • « .««»,mil. of dol< Farm marketings and CCC loans, total................do..< Crops. • do.., Livestock and products, total............... .do... Da i r y products ••••••.••••• do. •, Meat an ima i s........... ••••••• ••••• do.., Poultry and eggs.......... ••••do.., Indexes of cash receipts from marketings and CCC loans, unadjusted: All commodities 1947-49=100, Crops • do.., Livestock and products................. ••••do.., Indexes of volume of farm marketings, unadjusted: A11 commodities......... •••••••••••• do.., Crops •••••••• ••••••.•••••••do.., Livestock and products......... ••••••••do.,, Bus i ness i ncorporati ons: New incorporations (48 States) number, 2,615 2,571 1,187 1,384 373 766 215 2,049 2,018 802 1,216 352 627 208 3,267 3,205 1,687 1,518 363 826 312 2,981 2,933 1,473 1,460 377 751 307 2,753 2,708 1,171 1,537 377 886 246 105 110 102 83 75 89 131 157 III 920 137 107 III 109 113 120 113 126 97 78 III 151 178 130 131 149 117 126 130 122 13,387 10,791 9,270 10,575 13,080 10,466 118.2 106.4 H2.8 111.2 116.9 99.0 118.7 106.1 113.6 III.I 116.5 101.4 121.6 107.9 116.0 114.5 114.6 104.6 121.6 107.6 116.1 114.6 113.9 106.0 122.3 106.9 118.2 114.6 121.9 110.2 1/122.5 106.8 118.7 ! 14.5 124.4 112.0 123.8 112.3 I04#0 134.2 124.5 112.4 105.0 134.2 126.8 114.3 104.5 136.3 127.0 114.3 104.9 136.7 127.1 115.7 104.2 136.8 127.3 115.9 104.9 137.0 135.3 122.1 109.9 135.5 122.6 110.0 140.3 126.7 114.4 140.8 127.0 114.6 141.7 127.8 116.6 141.9 128.0 116.6 COMMODITY PRICES Consumer price index, all items 1947-49=100, Appare!•••••••••••.••••••••••••••••••••••••••• .do. •, Food •••••• • .... do.., Dairy products.•••• •••»•••••••••••• •••••• do*•, Fruits and vegetables. .....do.., Meats, poultry, and fish do.., Hous i ng Gas and electricity Housefurnishings. ••••••••> •••••••••• do.., • do.., •••••••••••••• do.. Rente eeeeeeeeeee.eeeoeeeeeeeeseeeeeeeeeofteeeeeeee.ee . « 0 . • , MedicaI care ••• Persona I care Reading and recreation • •••• do.. • •••••..do.., ••••••••••••••••.•••do«#, J./ Index based on I935-39*100 is 204.8. http://fraser.stlouisfed.org/ 12814 Federal Reserve Bank of St. Louis MONTHLY BUSINESS STATISTICS—Continued 3 mi ITEM January COMMODITY PRICES - Continued Consumer pr i ce Index - ContInued Transportation..®•..••••*••••••••• .......I947-49-I00.. PrIvate..••••••••••••••••••••••••••.••••••••••••••••do.... Pub lie.••••.••••.•••••«•••••••••••••••••••••..•••...do.... Other goods and services....... • •••••••....••••do..'.. Purchasing power of the dollar as measured b y Wholesale prices.... I947-49-IO0.. Consumer prices •••••••••••••• ••••••••••••do.... February 1958 November December January 133.6 123.8 174.9 123.8 134.4 124.5 175.8 124.0 140.0 129.7 (82.8 126.8 138.9 128.6 182.4 126.8 138.7 128.4 182.4 127.0 85.5 84.6 85.5 84.2 84.7 82.2 84.4 82.2 84.2 81.8 282.7 278.3 277.9 283.1 278.5 278.3 290.7 284.3 282.1 291.1 284.4 282.3 291.5 284.4 282.4 291.3 290.3 277.4 275.4 276.8 291.3 291.3 278.1 275.3 278.4 300.5 300.5 232.2 278.4 288.3 301.0 300.3 282.3 278.5 288.4 301.7 301.2 282.5 278.7 288.6 278.3 270.7 278.6 270.8 282.5 273.7 282.6 273.8 282.9 273.9 3,003 1,763 454 3,062 1,788 444 829 3,329 1,908 452 969 3,339 1,919 454 966 3,363 1,925 456 962 4,809 64 3,126 461 316 1,311 7,486 6,188 53 4,708 445 1,160 1,120 5,845 4,827 67 3,512 367 740 1,153 6,611 5,956 63 2,477 2,277 432 1,363 5,243 4,786 69 3,034 486 385 1,270 6,095 651 5,444 5,743 585 5,158 5,806 636 5,169 5,809 6,011 693 5,318 595.9 236.9 66.5 10.9 61.5 98.0 122.1 495.0 207.4 56.4 8.9 41.9 94.4 86.0 525.2 222.4 57.8 9.2 44.8 101.7 89.3 681.2 255.4 67.2 8.8 40.3 119.1 190.4 652.5 258.1 67.7 11.4 67.1 119.3 128.9 56,255 20,430 51,682 18,272 7,397 2,808 1,702 57,523 20,686 7,762 3,114 1,790 61,638 21,730 11,083 3,274 2,031 61,56! 20,600 8,276 3,341 2,072 41,227 74,946 1,512 8,955 47,259 85,266 1,774 9,936 48,829 86,675 2,034 9,017 9,002 106,358 117,081 8,870 9,074 93,089 109,149 9,311 5,702 82,526 105,976 104,466 10,451 6,281 106,806 111,467 171 20,503 25,561 166 18,144 27,242 134 17,747 31,231 148 19,588 31,913 18,192 25,436 3,491 7,456 377 525 41,373 43,507 3,292 7,187 429 375 37,064 46,097 3,653 7,624 339 344 37,769 47,811 I 3,885 7,778 360 259 34,379_ 45,903 3,422 6,138 348 874 38,281 41,634 CONSTRUCTION AMD REAL ESTATE Construction cost index (E. H. Boeckh and Associates): Average, 2© cities: Apartments, hotels, and office buildings: Brick and concrete ...U. S. avg. J926-29sS0©.9 Brick and steel...................................do.... Brick and wood...,. •••••••••••••••••••••••••do.... Commerc ia I and factory by iId i ngs: Brick and concrete........................... do.... Brick and steel..................••.••••••••••••..do.... Brick and w@3d.e...»....*..*'..«..........»........dG.... Frame..........•.«•.••«.»•••.•.•«••••••••••••.••.•do.... Steel.........•••••..•••.•...•••••....••..........do.... Residences: Brick.............................................do.... Frame •••••••••••••• .do.... FINANCE Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.: Total.. .......mii. of dol. Farm mortgage loans: Federal land banks............do... Loans to cooperatives. ••••••••••••••••••do... Other loans and discounts. ...........do... Federal Government finance: Receipts, total.. mil. of dol. Receipts, net.••••••*.••••••••••• •••••••••••do««« Customs.............................................do... Individual income taxes. •••.••••••••do... Corporation income and profits taxes................do... Employment taxes •••••• •••..•.••••.•• .do... Other Internal revenue and receipts........ ..do... Expenditures #••••••••••. •• ...do... Interest on public debt... •••••• ••••••••do... All other expenditures. ...do... Life insurance (Institute of Life Insurance): Payments t© poIicyh©Iders and benef i clarIes, totaI....do. .. Death benefIts.»«.».....•••«•••••«««..........•..•..do..« Matured endowments••*..•••• •••••...•••........do... DIsabi11ty payments•••••«••••... ..............do... Annuity payments •••..•••••............ ••do... Surrender values................. •••••.••••do*.. Policy dividends.................... ••....do... 786 5,279 674 5,136 TRANSPORTATION At© COMMUNICATIONS Operations on scheduled airlines: Miles flown, revenue. •••••••••••••.thousands.. Express and freight ton-miles flown...................do.... Mail ton-miles flown............... ..do.... Passengers originated, revenue. ••••••••do.... Passenger-miles flown, revenue .........millions.. CHEMICALS AND ALLIED PRODUCTS Organic chemicals, production; Acetic acid (synthetic and natural)...... Acetic anhydride.... Acetylsalicylic acid (aspirin)........... Creosote oil thous. of lb.. ..*.do.... ••••••do.... thous. of gal.. DDT thous. of lb.. Ethyl acetate (85*) do.... Ethylene glycol ••••do.*.. Formaldehyde (37* HCHO). do.... Methanol: Natural (10©*). .thous. of gal.. Synthetic (100*) do.... Phthalie anhydride... ...••••••••.thous. of lb.. Synthetic plastics and resin materials, production: Cellulose acetate and mixed ester plastics: Sheets, rods, and tubes •••••••••do.... Molding and extrusion materials. do.... Nitrocellulose sheets, rods, and tubes......... do.... Other eel Iulose plastics..............................do.... Phenolic and other tar acid resins.... do.... Polystyrene..... •••••••••.... ••••do«*.. 7,865 3,045 1,896 53,628 85,428 1,491 7,978 10,878 8,748 9,729 103,997 •••••••••• 80,808 2,144 8,506 £/ Revised, j / indexes based on I935-39«I00 are as follows: Measured by wholesale -..w.^«.w ^ .>,«-, ^ . ~ , „« prices, 44.0; consumer prices, 48.8. # Revisions of Digitized forJan.-June FRASER 1957 figures (published in March 1958 SURVEY and earlier issues) for major national security expenditures to include data for defense support (included in figures beginning July 1957): Mil. ©f doi.—3,833; 3,654; 3,788; 4,011; 3,869; 4,114. http://fraser.stlouisfed.org/ 12814 Federal Reserve Bank of St. Louis MONTHLY BUSINESS STATISTICS — Continued 4 1957 am January February | November December 1958 January February CHEWICA15 AND. ALLIES PRODUCTS - Continued Synthetic p l a s t i c s m4 r « t f n materials^ production - Con. Urm® anil u@i®raift?§ resins....9ee«99«« 0 .9«.99..9th©us. of lfe0e Alkyd r e s i n s . . . . . . . . . . . «©@®@©@@ **© e « » 9 9 0 s « a « « 8 d©e©« P@ly#ttwl®ft# r e s i n s Wise®Il@n@®yg d© do . .. «,e9@® 23,097 67,096 34,948 10,848 7,265 52,394 14,829 22356 64,005 29,980 10,517 7,187 49,80© 13,@8@ 22,926 71,535 24,937 9,097 6,589 62,936 16,046 23,094 66,458 24,059 7,590 6,546 68,510 14,741 7,282 6,658 5,78© 5,279 4,854 4,064 2,062 4,581 276.7 3313 4,441 3,429 300*9 3193 749 1,634 251.1 2603 1393 2,180 2373 206@8 701 1,593 265.5 238.2 1,420 717 2253 263.1 558.6 513.6 145*0 518.9 510.9 133.1 504*9 5203 168.6 4353 471*4 1323 4983 474.8 155®9 473.8 435*2 1943 407.6 157.7 §58*9 387.2 150.7 I5S.6 453 a 0 140.4 143 .1 4363 138.7 135* 1 385.9 157.0 158.8 364*7 140.4 138.7 8.9 55I.S 113. 1 591.7 IS9.6 15.7 628.0 94.8 193 595*4 79.6 173 602.0 108.1 19.3 692.2 1073 842,452 687,905 656,205 799,800 639,635 20,231 18,725 11,620 465 10,790 r20,166 18,639 r9,407 r470 8,749 19,747 18,133 8,963 448 8,231 19,730 18,944 7,951 398 7,309 19,606 17,950 11,045 442 10,199 19,615 17,945 8,843 442 8,16! 69.8 37.7 104.6 58.2 46.4 61.3 31.9 505.6 59.2 46.4 58.6 35.8 124.8 70.1 54.7 56.2 36.7 130.4 71.8 58.6 57.6 31.2 S3!.! 69.9 61.2 49.4 27.7 133.3 69.9 63.4 5,032 4,783 2,625 5,090 4,832 2,654 3,974 3,631 2,088 r3,636 r3,326 1 r1,863 3,447 3,161 1,689 [ 24,209 68,975 27,927 10,340 7,260 69,522 14,408 METALS AND MANUFACTURES Pig i r o n , p r o d u c t i o n . . . . . . . . . . » . . . » . . . . < » t h o u s . of short tons©® furnae@£, i n d u s t r i a l , new orders^net: E l e c t r i c processing®©® e «9 8e « e 9« 9 9»»»««»«««««t!»us t ©f d o l . . F u e H f i r e d Cexcept f o r hot r o l l i n g $ t e e l ) 0 » # . . . « e » . . . . d o 9 9 9 9 Vacuum cleaners, standard t y p e , sales bi I l e d . • • • • • . t h o u s a n d s . • Washers, domestic, sales b i l l e d < l / . . . . . . . . . . . . . . . . . . . . . . d o . » « . PAPER AND PRINTtN© Newspr1nt, Canada C1ne1yd 1ng Newf©ynd9and)s Stocks, a t m i l l s , end of m o n t h . . . . . . . . . . . . . . . . . . . . . . . . d o e . . . Newsprint, United S t a t e s : Consumption by p u b l i s h e r s . . . . . . . . . . . . . . . . . . . . . • • • • . . . . d o . . . . 3niprnenTS Trow m s § §s.@.@ @ .&.0@®©.....® e .$....$.$..$.««cso«.«. Stocks, end ©f nonth: A T pUP i 1 © n e r S © e « e t e « « H 9 e i e « « e « » e » » « » » « 9 * » e » t » i « « « » « 0 © 9 . . . In t r a n s i t t o pub § i s h e r s . . . . e . . « . . . . « . . . . • . . . . « . . « 9 e d o . . . . TEXTILE PRODUCTS Cotton 1 2 / Manufactures: Spindle a c t i v i t y Ceotton system s p i n d l e s ) : A c t i v e s p i n d l e s , last working d a y ® . . M , , , , , , , t h o u s a n d s . * Spindle hours operated, a l l f i b e r s , t o t a l . . . m i 1. of h r . . 571,287 1 Rayon and a c e t a t e : Production: TRANSPORTATION EQUIPMENT 99999 .9999 9 999999 999999999 9 999999 99 99 9999 999999999® rj Revised. ±i Data exclude sales of combination washer-dryer u n i t s ; sales of such types t o t a l e d 12,150 u n i t s i n February 1957. f o r January 1957 and January 1958 cover 5 weeks; other months, 4 USCQMM-DC-I28I4 UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS 2/ ! PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300
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