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May 24, 1957 BUSINESS STATISTICS 'EEKLY 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 sn the latest monthly SURVEY SELECTED BUSINESS INDICATORS BILLION DOLLARS BILLION DOLLARS 100 100 Average of Wednesday data TOTAL LOANS AND INVESTMENTS (Federal Reserve Weekly Reporting Member Banks) 95 85 80 h i 7 5 Lrtu—' 1 i ^ f I a i i f i I I I I I I I 1 I 1955 1954 I I » 1 I ' I I ' I • I ' I I J F M A M J J A S O N D 1957 1956 INDEX, 1 9 4 7 - 4 9 = 100 INDEX, 1 9 4 7 - 4 9 = 100 180 S30 TOTAL INDUSTRIAL PRODUCTION WHOLESALE PRICES (F. R. B. seas. adj. index) S20 160 Commodities Other Than ' Farm Products 8 Foods I 10 ALL COMMODITIES 140 100 Farm Products / 120 h- 90 80 k 100 I I I I I I I i i i I i I i I I i I I i i i i I I I ' ' ' ' I I I M ' I ' ' ' ' ' ' ' ' 1954 1955 1956 1957 2.40 INDEX, 56 120 52 110 48 ioo h MANUFACTURING HOURS & EARNINGS I I I I I I I I 1955 Average Hourly Gross Earnings 1.80 iit 111111 1957 1 9 4 7 - 4 9 = 100 (seasonally adjusted) 44 1.60 H 40 Average S.40 W- 111111 1956 FREIGHT CARLOADINGS* 2.20 2.00 h I I I I I LI 1954 HOURS DOLLARS II Hours Per Week (right scale ) I i i i I » i i l I 1 i i I I I 1 l I I I i 1 i I 1 l i 1 i i l i i I 1i i I I i i i I j 195* 1955 1956 S957 Average per working day 36 70 i i i I I 1 I i I I i I i I i I l I l i i i I 1954 1955 I 1 I I I I III I I III1 II I I I 1956 1957 WEEKLY BUSINESS STATISTICS' 2 1957 1956 ITEM May 12 Apr. 27 May 19 May II May 4 May 18 Commodity prices, wholesale: 117.2 90.2 104,4 125.4 88.2 133 117.2 90.0 105.1 125.3 87.6 30,499 25,093 19,000 406 30,589 25,177 18,984 497 30,654 25,031 18,845 56,695 23,102 86,716 25,972 31,349 8,690 56,213 23,148 87,129 26,034 31,450 8,679 55,273 23,213 86,087 25,552 31,338 8,665 279 3C45 46.05 49.05 263 3098 45.72 48.82 297 3B99 46.02 49.19 267 4e0l 46.31 49.51 1,642 10,837 127,673 7,029 1,608 10,875 126,665 7,071 1,667 11,310 148,258 7,537 1,595 11,286 143,848 7,529 1,609 11,311 849,122 7,434 2,343 #95.2 778 375 2,345 #95.3 779 383 2,269 88.7 691 343 2,226 87.0 719 351 2,220 86.7 723 352 l947-49al00.. 90.8 129 1,324 1,242 * 114.4 *90.9 * 102.4 •121.7 90.8 122 1,334 1,257 88.7 123 1,547 1,440 88.2 132 1,514 1,410 30,296 25,325 18,848 553 30,359 25,298 18,710 469 30,610 25,695 19,201 599 55,559 21,599 84,887 26,939 28,031 8,457 54,999 21,638 85,241 27,082 28,203 8,471 258 3C46 47.94 51.24 do.... do.... d©.... . do.... F1nance: Federal Reserve bank credit outstanding, total 5/*••••do.... do.... Federal Reserve reporting member banks in leading cities: ±f Time deposits, except U. S. Government.. Loans and investments (adjusted), total. do.... Commercial, industrial, and agr. loans (gross)....do.... do.... Bond yields, domestic corporate (Moody's) 3/e e ce 0 o «P@rC©flto c Stock prices, 500 stocks (Stand. & Poor's)"4/...S94I-43-I0.. 478 264 4902 46.83 50.17 Production: s. of short tons.. thou s. of short tons.. Stee 1 5/ Freight car loadings, total•••••••«••••«••... ..thous. of cars.. ..do 151,006 2,155 84.2 ±/ Data do not always cover calendar weeks. £/ Tuesday prices. 3/ Daily average. £/ Wednesday data; S&P's index on revised basis. J>/~Week beginning May 20, 1957: Production, 2,?20 thous. short tons; operating rate, 1*6.7 percent. ^Monthly index for May 1956. #Not comparable with 1957 rates, which are based on higher capacity. MONTHLY BUSINESS STATISTICS 1956 1957 ITEM March Apri 1 January February March April GENERAL BUSINESS INDICATORS ndustrial production (FRB): 144 146 162 152 174 136 172 201 164 145 146 164 J46 181 136 175 224 173 147 149 167 149 rl84 rl39 rl76 r23l 174 148 150 rl66 rl44 183 r!39 rl76 227 rl"/4 do.... .••••••••do..,. do.... 122 119 153 142 119 126 158 141 118 104 148 136 119 rl 12 151 137 rl20 rill rl54 r!39 ....do.... do.... do.... .........do.... 130 135 142 127 86 151 129 137 135 130 86 151 128 136 148 r!29 84 157 131 139 r!45 r!3i 86 rl57 133 r!44 rl4l rl3l 88 rl56 141 143 157 145 167 132 163 196 160 143 144 159 146 170 136 169 193 162 146 147 164 144 180 137 173 221 173 146 147 1 164 143 180 r!39 171 I r224 174 146 147 r!62 rl37 179 137 121 118 154 141 123 122 158 144 118 114 155 140 rll8 rl!3 rl55 136 do.... ,, do.... Metal fabricating (including ordnance). •••••••••do.... do.... ...do.... Metal fabricating (including ordnance). »••••••••do.... do.... do.... .do.... r / Revised, p / Preliminary. ..do.... .do.... do.... do.... 171 222 r!73 rl!9 riSO N55 H37 ISSSSRgg? S£RR «?|S|S »IS?BSS2p §&K 2 143 145 161 152 171 134 168 202 161 ..1947-49*100.. MONTHLY BUSINESS STATISTICS—Continued 3 1956 1957 ITEM March January April February April March GENERAL BUSINESS INDICATORS - Continued Industrial production, adjusted index (FRB) - Continued Manufactures ~ Continued 131 r!4l rI42 r!35 pl32 pI42 p544 pi29 128 132 130 135 139 141 144 129 90 148 139 129 89 147 147 130 80 86 92 p88 rl53 rl53 rl52 pl48 143 157 163 155 108 141 154 162 150 109 137 148 174 128 110 r!43 r!56 142 155 171 143 Ml pI34 p|44 pl55 133 144 145 144 108 132 141 140 145 III 137 147 169 rl38 rl49 131 141 rI43 rl32 Consumer durables output (FRB): r!30 114 178 rl40 112 167 rl34 114 134 rl44 159 132 Ml! pll! pI28 pl35 pl4i pi 12 Industrial and commercial failures: 102 150 224 572 122 985 91 1 153 186 463 92 1,148 71 42,622 2,015 7,089 15,649 12,430 5,439 41,871 2,900 6,967 17,142 10,772 1 4,090 1,170 1,146 1,336 1,175 177 197 612 91 93 180 199 568 106 99 205 239 672 121 118 172 190 580 115 54,060 4,086 10,672 16,105 17,862 5,335 65,406 2,493 8,440 33,402 14,780 6,291 55,833 3,833 10,424 17,760 17,816 6,000 57,103 3,878 9,090 16,286 15,994 11,855 COMMODITY PRICES 112.8 113.6 116.9 117.0 116.9 117.2 93.4 121.0 112.3 86.6 106.5 84.5 67.5 99.2 115.4 106.1 108.6 74.6 95.4 121.7 112.7 88.0 101.8 89.5 70.8 1 100.4 1 115.6 ! 105.9 109.0 79.3 97.4 124.8 116.7 89.3 100.7 89.5 104.3 N5.8 112.5 105.6 84.8 96.7 125.1 117.0 88.8 96.1 87.0 75.0 103.9 115.9 112.5 105.9 83.9 r96.7 124.9 r116.9 88.8 94.1 87.5 76.6 103.7 116.7 111-3 105.9 84.6 97.1 124.9 117.4 90.6 103.0 87.3 79.3 104.3 116.8 II 1.4 104.9 88.2 121.0 106.5 120.0 110.9 116.8 118.1 105.3 97.7 128.0 129.9 121.6 106.9 120.9 110.6 117.5 118.0 105.2 100.6 128.5 130.6 125.2 108.7 123.5 116.3 124.9 121.9 106.5 98.4 121.3 122.6 125.5 108.8 123.2 119.6 131.0 121.9 106.8 98.0 120.7 121.9 125.4 108.8 122.9 r119.2 130.7 N2I.9 r106.8 r98.4 120.1 M2I.2 125.3 109.1 123.6 118.9 130.4 121.8 106.5 98.8 120.2 121.2 134.7 133.6 129.0 146.5 149.4 127.9 126.8 136.2 146.2 95.9 99.7 121.7 ,35.7 135.6 129.1 147.7 151.0 128.6 127.4 136.2 145.0 95.1 99.5 121.7 143.9 146.0 134.3 152.2 164.3 132.0 828.6 139.2 145.0 95.8 99.7 124.0 144.5 147.1 134.6 151.4 163.9 132.7 128.5 139.2 143.9 95.7 99.6 124. 1 r i44.8 r147.5 134.6 151.0 163.8 133.2 128.7 140.1 144.3 95.4 99.6 124.1 J45.0 147.8 134.7 150.1 161.9 134.5 128.5 140.7 144.5 95.4 99.6 124.4 2,379 1,869 1,664 1,436 1,468 1,460 Economic sector: Intermediate materials, supplies, and components....do.... Commodities other than farm products and foods.. do.... Tobacco manufactures and bottled beverages..........do...• CONSTRUCTION AND REAL ESTATE Engineering construction: Construction cost indexes: American Appraisal Co., The, average, 30 cities...I9I3«I00.. 73.9 655 654 628 649 653 712 676 710 702 705 704 654 704 701 703 610 589 610 594 610 644 644 633 640 643 473 452 472 472 472 Associated General Contractors (all types)....••••••••do.... 148.8 148.3 144.1 148.6 148.3 158.0 156.6 152.0 156.7 156.4 1957 are for 5 weeks; g/ Oata for March 1956 and January - / DA..t.^ «!-«>u t ;/ Goods to users. Including raw foods and fuels. here for the previous month. http://fraser.stlouisfed.org/ other months, 4 weeks. 3/ Data 7epqrted at the beginning of each month are shown 32,35-3 Federal Reserve Bank of St. Louis 625 676 652 588 632 452 143.6 150.8 MONTHLY BUSINESS STATISTICS — Continued 4 1957 1956 ITEM February March December January February March e SCTALS AND NANUfAOTUR£ Iron or® link® Superior district)! \J Consumption by furnaces c # « v # # , # «»»«*.„thoo*', o " long tons®® Stocksj, end of month, t o t a l . # . 9 * # 0 - « 0 . a . # w - c „ a ©»©#@Q©9 ©« « 2/23,370 "" 23,020 20,365 2,655 7,840 45,508 41,231 4,277 7,892 37,484 33,580 3,905 7,099 30,!10 26,817 3,293 7,602 21,941 19,672 2,270 7,468 416 479 641 202 1,165 8,256 447 525 707 238 1,284 7,064 399 564 607 214 1,166 7,809 380 573 777 224 1,180 7,067 360 583 763 208 l.,085 7,822 437 668 881 232 1,145 809 174 S7S 877 217 178 788 240 129 802 224 144 713 235 127 768 240 128 872 364 553 2,777 800 1,271 952 395 798 2,910 853 1,327 915 263 406 2,532 826 1,130 1,039 314 649 2,674 847 1,232 905 287 529 2,347 731 1,083 1,034 312 809 2,302 753 1,026 2,236 5,013 1,802 3,814 1,756 3,878 1,712 4,139 2,236 5,0?3 44,697 63,952 47,890 73,835 38,729 50,329 r45,933 54,460 42,772 52,345 603 491 671 503 521 442 602 480 559 385 583 4M 1,765 2,170 1,977 1,837 1,610 1,909 1,813.6 88.4 989.2 222,7 240.8 97.3 175,3 1,913,0 93.5 1,031.1 225,1 261.5 108.8 193.1 1,672.6 72,7 920.0 200.8 231,5 78.0 169.4 1,904.6 82.6 1,061.0 226.9 262.6 90.1 181.5 r1,709.8 83.6 r9!5.6 207.5 244,0 r9l.2 r167,4 1,893.3 92.0 1,037.3 220.9 267.0 96,7 179.3 785.9 165.2 520.5 100.2 777.0 169.2 502.4 105.4 912.0 189.5 617.1 105.4 8?4,0 208.8 575.3 100.0 r871.5 206.6 r564,3 100.6 870.1 206.9 561.4 101,8 r2,599 rl,131 r 1,200 12 256 r2,763 r1,205 r1,254 S3 290 2,358 1,09! 1,071 82 > 184 2,672 1,217 1,211 13 231 r2,432 1,104 r1,090 12 r226 2,623 1,183 1,193 13 235 a ® «• o e o © © o o » <a © s ® ' © 0 © @ ® e9 On Lake Erie docks... # «. - # ....«.. # . e . 0 . d < , 0 : ) . 4 f Steel products, net shipments! Total Call 9rad8S),,«««'««. ee «.0^ 4 . fteee thouSe of short t©ns e 6 Structural shapes C heavy J, steel pi 1 ing© «>«,.,©«e i « « « » ^ 0 9 t « « Pi ates d© Ralls and accessories........•.•••••••••••••.« .d©@ Bars and tool steel, total.........•.....••.., Bars? Mot rolled Clncl @ light shBpes)9@9&&aa@@BS s © ® a © ©€s©© a ® © Reinforcing® •••«««••••••«••« •.«•,•••».•.,«« a © © a ® © O w » « . e Wire andfc?ir®products.........•••••••.••...•••&. o , © , 0 © , © ® 9 Tin mill products O n e ) , black plate), # « # 9 « 9 *. a © o © , © O © © © © a Sheets and strip U n c i , electrical)* t o t a l s , . © © « © € > ® Q © , 0 . ® Sheets! Hot rol led...••.•••••••,..••••••••.. . a , e . e d © » , s , Cold rolled (incj. enameling)..«... Radiators and convectors, cast ironi ©f sq. ft.. e f ^ ^ g ^ ^ ® ^ ® e ^ * ^ ® s e e @ s ® ® « 9 ® ® ® s ® ' ® ® ® < » e ® e ® 011 burners? S h I p me n t s .. .......,....... ... .... ,®,,number,, 0,............. Industrial trucks (electric), shipments! Rider type Industrial trucks and tractors Cgasoline-powered), ship• •«•number,© PULP, PAPER, AND PRINTING Wood pulp: Production, total, all grades«. e , Sfl ,,.,thous s ©f short tons.* Dissolving and special aSphss„,e,c,i,.e,Jccc«oCo, © ® 6©e»d©.© s e do.... Su 1 fate ••••••••••••••••••, do.... Sulfite . ............... Soda, seraichem., screenings, damaged, etc,.,.. e e , e , « d O , . . . Stocks, end of month, total, all mi 1 Is,..,,.,,,,, . . . , , u O . , . e All paper and board mills, productions .......do.... jrj Revised. ±/ Shipments of 2 / Total for January-March, Iron or© from upper lake ports In A p r i l UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS 1957 t o t a l e d 3,987,000 long tons CIn A p r i l 1956, 5,674,000 long t o n s ) * PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300
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