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May 15,1959

STATISTICS

BUSINESS

A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS
Available only w i t h subscription t o t h e SURVEY OF CURRENT BUSINESS, at $4.00 annually, t h i s Supplement provides selected
weekly and monthly data subsequent t o those published in t h e latest m o n t h l y SURVEY

SELECTED BUSINESS INDICATORS
Billion Dollars
105

Billion Dollars

TOTAL LOANS A N D INVESTMENTS

105

Average of Wednesday Date

Wednesday data

(Federal Reserve Weekly Reporting Member Banks)
100

H

100

1959

95

Lr - I

H90

85
8 0 Ui

i i i t I i i i i i 1 i i i i i I i i i i i
1956

I i i i i i 1 i i i i i I i ..

1957

i i I i . , , ,

1958

Billion Dollars
20
SALES OF REIAIL STORES

I

I

i i i i i. i i i i i
J

1959

F M A M J J

ijftn

A S O N D

index, 1 9 4 7 - 4 9 • 100
180
DEPARTMENT STORE SALES & STOCKS

(seasonally adjusted)

(seasonally adjusted)

160 h

Tofaf

140 h

Nondurable Goods

120 h

Sales

Durable Goods
i i in

li

ii

I I I i i m l

1956

ii ii

I9„57

i I I I I i

I II III I I 111

I I I M I I

I O O '* » ' ' ' I

1959

1958

h iin Iii

1956

II

i I i i i n l m i i I m i il i i i n

1957

1958

1959

Dollars

Index, 1 9 4 7 - 4 9 * 100
200
MANUFACTURING EMPLOYMENT &
PAYROLLS (production workers)
175+"

Hours
56

2.40
MANUFACTURING HOURS & EARNINGS

H52

2.20

v"°
150 h

125 h

2 . 0 0 f-

Payrolls'

H48

Average Hourly
Gross Earnings
(left scale)

Employment

1.80

44

\

1.60

100 h

H40
Average Hours Per Week
(right scale)

75

i i i i I i t i i i 11 i i i i I i i i i i 1 i i i i i I i 111 i I i 11 i i I i i 111

1956



1957

1958

1959

1.40

J I I i l l M l I 1 I II II I I II I' I I I I 1 I I I I I I I I I I I
1957
1958
1956

I I M i l l I I I J 36
1959

WEEKLY BUSINESS STATISTICS1
1959

1958
ITEM
May 10

May 3
Commodity prices, wholesale:

••••••••••

April 25

April 18

May 9

May 2

84.1
132
3,414
3,195
336

•119.3
*97.7
*lll.5
*I25.5
84.4
136
3,324
3,112
279

M9.9
92.5
107.3
128.1
86.8
132
**2,167
1,802
304

119.9
92.5
107.5
128.1
87.5
142
2,045
1,725
300

30,520
24,566
18,249
595

30,659
24,763
18,276
629

31,365
27,357
18,698
513

55,699
27,295
92,483
30,548
30,107
8,746
3.99
43.44
46.22

54,915
27,444
91,973
30,496
30,051
8,757
4.00
43.93
46.80

1,069
11,251
96,381
6,256
1,289
#47.8
533
292

119.8
92.1 1
107,9
128.0 1
87.5
142

119.6
91.4
107.5
128.0
87.8

275

265

31,332
27,472
18,817
612

31,244
27,212
18,551
404

31,369
27,424
18,571
399

57,793
28,376
95,526
30,091
31,275
9,902

57,858
28,439
94,917
29,640
31,229
9,920

57,804
28,488
94,666
29,276
31,230
9,947

4.45
56.96
60.73

4.49
57.73
61.67

4.52
57.69
61.70

1,045
11,315
96,178
6,250

1,337
12,609
162,851
7,133

1,349
12,538
161,242
7,132

1,379
12,546
145,068
7,113

1,334
#49.4
535
288

2,657
93.8
634
349

2,646
93.5
647
347

2,627
92.8
674
359

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

Reporting member banks (of F.R.System) in leading cities:4/
Time deposits, except U. S. Government
Loans and investments (adjusted), total

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

Commercial, industrial, and agr. loans (gross)...do..••
Bond yields, domestic corporate (Moody's) .3/
percent..
Stock prices, 500 stocks (Stand. & Poor's) 4/..1941-43=10..
Production:
Bituminous coal 3/...................thous. of short tons..

Freight car loadings, total...................thous. of cars..

4.55
57.61
61.66

163,026
2,604
92.0

1/ Data do not always cover calendar weeks. 2/ Tuesday prices. ,3/ Dally average. 4/ Wednesday data. 5/ Week beginning May II, 1959:
Production, 2,665 thous. short tons; operating 7ate, 94.1 percent. * Monthly index for April 1958. ** Includes persons reported under
temporary programs (TUC) and under Ex-Servicemen's Unemployment Compensation Act of 1958 (UCX). #Based on January I, 1958, annual capacity (140,742,570 tons); not comparable with 1959 rates which are based on January I, 1959, annual capacity (147,633,670 tons).

MONTHLY BUSINESS STATISTICS
1958
ITEM

March

DOMESTIC TRADE
All retail stores: ±/
Estimated sales (unadjusted), total...

1

15,549
4,860
2,789
772
700

16,273
5,261 1
2,934
761

10,688
958
534
1,124
4,103
1,214
1,553
16,066
5,020
2,665
868
822

16,502
5,163
2,769
827
875

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

11,046
988
540
1,199
4, 162
1,267
1,729

11,339
1,045
539
1,237
4,217
1,283
1,766

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

24,690
11,480 |
13,220
24,100
11,030
13,070 1

24,640
11,370
13,270
23,930
10,770
13,160

do....
do....
Lumber, building, hardware group..
do....

do;...

Estimated sales (seasonally adjusted), tota1•••••••••do.•••
do....
Lumber, building, hardware group..

1959

Apri 1

January

February

March

14,946
4,928
2,899
747
684

r 17,168
r5,832
r3,464
r808
844

17,588
6,214
3,592
871

876 1

16,223
5,121
3,016
784
697

11,012 j
1,056 j
521
1,171
4,048
1,252 1
1,667

11,(02
868
581
1,158
4,382
1,282
1,442

(0,019
750
534
1,070
3,869
1,197
1,344

rll,336
rl, 101
r577
rl,!57
r4,l08
rl,3l8
rl,7l4

11,374
991
563
1,187
4,201
1,332
1,710

17,454
5,836
3,257
880
905

17,552
5,868
3,248
890
979

1

1
!

(1,618
1,032
579
1,263
4,244
1,367
1,824

!
[

1
1

r17,892
r6,046
3,340
902
1,011

11,684
1,062
568
1,242
4,274
1,368
1,835

r11,846
1,107
589
1,240
4,320
1,376
1,863

r24,030
rll,2IO
r12,820
r24,120
r10,970
r 13,150

24,680
11,590
13,090
24,110
11,120
12,990

Estimated inventories:

##

Nondurab1e-goods stores


r/ Revised. J./ Data for April 1959 are advance estimates.
http://fraser.stlouisfed.org/
9381
Federal Reserve Bank of St. Louis

April

23,400
10,920
12,480
r24,190
11,010
r 13,180

1

i

!

17,981
6,181

11,800

MONTHLY BUSINESS STATISTICS—Continued

3
1959

1958
ITEM

1 April

March

January

April

March

February

DOMESTIC TRADE - Continued
Retail firms with 4 or more stores:
Retail firms with II or more stores:
Estimated sales (unadjusted), total

3,920

4,051

3,968

3,593

4,159

3,356

3,476

3,418

3,096

3,604

220
86
69
36

243
86
69
36

179
93
69
33

160
87
67
35

942
1,516

1,033
1,484

868
1,676

811
1,470

1,044
1,542

.....do....

48
56

60
68

48
62

48
59

59
69

do....

3,492
214

3,585
224

3,724
240

3,752
250

89
71
37

90
71
41

98
75
40

77
42

1,061
1,504

1,094
1,540

1,122
1,575

57
66

60
68

62
80

64
79

68
81

10.2
3.5
6.8
12.2
6.4
5.9

10.7
3.7
7.0
12.0
6.3
5.7

II.1
3.8

11.9
4.5

11.8

rl0.7
3.8
6.8
11.9

6.2
5.6

6.4
5.6

67,510
62,311
5,072
57,239
5,196

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

67,430
62,706
4,693
58,013
4,724

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

49,690
15,355

49,726
15,104

50,310
15,674

r50,3l5
rl5,77l
r693
r2,256
r3,835
r 10,990
2,371
6,333
r8,066

r50,85l
rl5,96l
r686
r2,409
r3,865
rll,069
r2,386
r6,378
r8,097

p51,336
pl5,99l
p69l
p2,634
p3,877
pi 1,099
p2,404
p6,504
p8,l38

rll,937
r6,794
r537

r12,114
r6,934
r550
r433
rl,OI4

do....

Drug and proprietary stores

do....

Furniture, homefurnishings stores

do....

Lumber, building-materials dealers

Estimated sales (seasonally adjusted), total

Wholesale trade:
Sales, estimated (unadjusted), total•••••«••••.bi1. of dol..

Inventories, estimated (unadjusted), total

do....

7.3

278

1

95

75
39

1

3 773

97 1

251

i * 125
1,599

*

100
77
39

1,127 '
1.607

7.5
12.0
6.5

5.5

EMPLOYMENT AND WAGES
Labor force (Bureau of the Census):

Employees in nonagricultural establishments:
Total, unadjusted (U. S. Department of Labor)

do....

Transportation and public utilities

do....

Finance, insurance, and real estate

do....

733

716

704

2,316
3,910
10,939
2,348
6,267
7,822

2,493
3,883
10,940
2,356
6,384
7,850

2,343
3,836
11,052
2,363
6,314
8,024

11,542
6,502

11,310
6,337

11,855
6,739

515
403
885
787

520
402
849
766

547
411
952
820

Production workers in manufacturing industries:
Lumber and wood products (except furniture)
Stone, clay, and glass products

do....
do....

1,090

749

Apparel and other finished text!le products
Printing, publishing, and allied products

«do«...
do...J

1,061

729

1,057

791

1,153

1,103

1,216

5,040

4,973

5,116

942
844

950
856

436
547
519
156
320

949
837
987
434
545
519
157
300

93.3
93.5
143.6
38.6
39.0
38.1
81.45
87.75
73.53
2.11
2.25
1.82 ,
2.09
2.57
2.23
2.36
2.14
2.47

1,018

413
r979
r8l7
rl,090
r796
r 1,203

830

p12,130
p6,990
p558
p44l
pl,039
p842

rl,lll

PU20

801

p802
pl,2l9

r1,224

440
544
515
154
329

440
545

r55l

r5l8
rl50

528
155

333

r33l

p5,140
p958
p870
PI,049
p444
p552
P534
pi 55
p324

91.4
92.5
139.6

95.8
96.5
158.2

r96,5
r96.8
r 160.4

r97.9
r98.2
rl65. 1

p98.1
P99.2
p 166.5

"38.3
36.8
37.7
80.81
87.30
73.14
2.11
2.25
1.84
2.09
2.58
2.24
2.36
2.14
2.47

39.9
40.4
39.3
87.38
94.94
77.81
2.19
2.35
1.89
2.16
2.77
2.32
2.44
2.20
2.62

40.0
40.3
39.4
88.00
95.11
78.01
2.20
2.36
1.88
2.17
2.79
2.33
2.46
r2.2l
2.62

r40.2
r40.8
r39.5
r89.2*
r97.lO
r78.6 1
r2.2Z
r2.3S
rl.9!
2.2!
r2.8l
2.35
2.47
2.2 1
r2.63

P40.3
P4I.0
P39.5
p89.87
p97.99
p78.6l
P2.23
D2.39
Dl.93
P2.22
P2.83
P2.36
p2.48
p2.22
P2.64

1,051

r5,143
r943
r860
r1,078

r5,l80
r947
r867
r 1,086

442

Manufacturing production-worker, indexes:

Hours and earnings:
Average weekly hours per worker, all manufacturing...hours..

Average weekly gross earnings, all manufacturing...dollars.J
Average hourly gross earnings, all manufacturing
Lumber and wood products (except furniture)


rj Revised. j>/ Preliminary.
http://fraser.stlouisfed.org/
9381 Bank of St. Louis
Federal Reserve

do....
do....

\J Includes data for industries not shown. 2/ Except ordnance, machinery, and transportation equipment.

MONTHLY BUSINESS STATISTICS—Continued

4

1959

1958
ITEM

January

April

March

February

March

April

EMPLOYMENT AND WAGES - Continued
Hours and earnings - Continued
Average hourly gross earnings - Continued
do....
do....
Apparel and other finished textile products •••...do....
do....
Printing, publishing, and allied products.. ••••••do....
do....
do....
LUMBER AND MANUFACTURES
Lumber (National Lumber Manufacturers Assoc1stlor ):
of bd. ft..

do....

1.93
2.01
1.50
1.49
2.08
2.56
2.27
2.72
1.57

1.94
2.01 1
1.50
1.50
2.09
2.55
2.27
2.74
1.57

1.98
2.09
1.53
1.53
2.16
2.63
2.36
2.78
1.60

1.98
2.09
1.53
1.53
2.17
2.65
2.37
r2.85
1.60

1.99
2.10
rl.57
1.53
2.17
2.67
2.36
2.87
1.60

2,529
2,096
2,568
2,089
9,534
6,087

2,659
2,212
2,819
2,353
9,376 |
5,948 |

2,629
2,151
2,641
2,162
9,106
5,558

2,618
2,133
2,655
2,142
9,076
5,556

2,964
2,367
3,111
2,520
8,945
5,439

3,543
11,512
38,602
4,569

.99
P2 .09
pl 57
Pi .52
P2 17
P2 .67
P2 .^5
P2 .87
Pl .61

METALS AND MANUFACTURES
Iron ore Unci.foreign ore), operations In all U.S.districts:
Receipts at iron and steel plants
thous. ol long tons..
..•...do....
Consumption at iron and steel plants
....••do....
Stocks, end of month, at furnace yards
do....
Castings, shipments:
short tons.,
short tons..
do....
Steel
Steel products, net shipments:
short tons..
do....
Structure 1 shapes (heavy), stee1 p i11ng
....•.do....
do....
Plates

Bars:

Hot rolled (incl. light shapes)
do....
do....

Cold finished

......do....
do....
Sheets and strip (incl. electrical), total... «•••«.oo....
do....
Sheets: Hot rolled
do....
Fabricated structural steel:
do....
Orders, new (net)
do....

1
U Revised. j>/ Preliminary.
USC0MM-DC-938I

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

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

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

•868
•62,734
•120,722

••753
••54,650
••103,297

1,002
73,186
105,392

1,037
74,760
i10,280

4,449
207
317
471

4,373
178
337
401

6,186
248
360
509

6,524
270
410
558

8,118
344
554
651

101
626
399
141
80

105
628
376
176
71

56
888
623
134
123

123
938
656
141
133

167
1,211
825
217
159

454
240
516
1,517
416
710

511
251
565
1,396
367
628

679
268
498
2,648
731
1,339

706
279
526
2,714
784
1,330

930
362
714
3,185
928
1,557

196
337

208
324
2,387

236
224
1,794

294
216
1,864

255
260
1,873

2,542

• Data are for January 1958. •• Data are for February 1958. J./ Includes data for industries not shown.

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D.C.

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




2,885
6,947
r46,272
4,754

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PAYMENT OF POSTAGE. $300