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^MENTOfc

IT

£1

L

Tl

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F

Available only with subscription t o t h e SURVEY OF CURRENT BUSINESS, at $4.00 annually, this Supplement provides selected
weekly and monthly data subsequent t o those published in t h e latest monthly SURVEY

SELECTED BUSINESS INDICATORS
Billion Dollars
130

Billion Dollars
130
(Wednesday data)

120 h*

120

no h

II 0

196©

/

soo

100

1959

90

1957

1959

1958

» ' » I
- L ^ J
J P M A W f J J A S O N D

I960

Index, 1 9 4 7 - 4 9 = 100
200
STEEL PRODUCTION (Ingots o n d steel for castings)

Index, 1947-49= 100
200

Monthly

150

~

150

100

-

100

50

~

0

\

80

_l_J

l_J—l_J—L-I I—L-X-, ^JUJUX^-L J.

J J U X J - X X .- J

1 1 1 i

1 -X—L.JL—L-l— —J X. L 1 1 1 1 X 1 L-JLJ

S958

S957

Index, 1947-49= 100
130

Index, 1947-49 = 100
120
FREIGHT CARLOADINGS *

COTTON CONSUMPTION
(daily average; seas, adj.)

(seasonally adjusted)

S20
100

\A
80

60

_^s

N\f

XLUJ.J, 1 1 I I I

S957



1111111111 i

1958

s

I 10

1/

J

90

*Average per working day
MM

1

1 1 1 1 1 I1 I 1 1 1 1 1 I 1 1 1 1

1959

lOO

I960

80

I i i i i i I i u- U M f l M f M M ' I i r » ! i I

1957

1958

M

i. ' ' ' ' m i I

1959

I960

M I

WEEKLY BUSINESS STATISTICS1

2

j 959

I960

ITEM

May 23

May 16

April 30

May 7

May 14

May 21

Commodity prices, wholesale:

88.1
137
1,602
1,482
311

*II9.9
*90.8
*I07.7
* 128.4
88.1
139
1,541
1,427
259

31,505
27,563
18,550
454

85.4
151
1,949
1,819
325

119.8
90.7
107.0
128.4
85.3
156
1,873
1,747
327

119.9
91.5
107.3
128.4
85.9
134

304

313

31,515
27,989
18,829
602

31,581
27,234
18,390
477

31,603
27,199
18,245
328

31,723
27,371
18,307
498

31,774
27,480
18,230
462

60,410
30,443

60,454
30,492

"*"32l250

*" S 3U549

58,936
30,487
103,048
25,915
31,013
12,555

58,695
30,516
102,703
25,716
31,053
12,558

119.8
90 7
107.3
128.4
86.6

•••••
••••

Finance:
Federal Reserve bank credit outstanding, total £/

do....

Reporting member banks (of F.R e System) in leading cities: j5/

Loans and investments (adjusted), total

i 1,918

I1,950

60,702
30,454
103,055
25,991
30,940
12,581

4.58
57.97

4.65
58.09
62.23

4,78
55.04
58.63

4,80
55,04
58,67

4a79
54.57
58.! 1

1,417
12,931
15{ |74
V
"^2i6
2,644
#93.4
686
351

1,383
13,300
165,319
7,014

1,379
13,139
171,507
6,771

1,366
13,350
171,152
6,794

2,210
77.6
643
333

2,137
75.0
642
331

2,102
73.8
640
329

9«.,.edcs„,

Commercial and industrial loans (gross)....
do....
Real estate loans (gross).
«««»««« s »«»s«ooeaaeCio s « 9 «
Stock prices, 500 stocks (Stand. & Poor's) .5/...1941-43=10..

62. i i

4.80
55,44
59.12

Production:

Motor vehicles (cars, trucks, coaches).......

number..

1,391
12,684
163,361
7,178
2,631
#92.9

693
356

184,214
2,03S
71,3

J / 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 May 23, I960: Production, 1,906
thous. short tons; operating rate, 66.9 percent. * Monthly index for May 1959. # Based on Jan. I, 1959, annual capacity (147,633,670 tons);
I960 rates are based on Jan. I, I960, annual capacity (148,570,970 tons).

MONTHLY BUSINESS STATISTICS
I960

1959
ITEM

March

Apri 1

January

February

March

Apri 1

GENERAL BUSINESS INDICATORS
BUSINESS INCORPORATIONS:
.number..

18,176

17,615

18,189

14,669

17,437

15,446

...do....

1,263

1,292

1,181

1,214

1,335

1,370

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

117
185
210
625
126

121
166
202
671
132

93
193
210
587
98

103
195
196
609
IN

120
241
224
607
143

121
220
215
674
140

of dol..

65,051

71,907

53,671

60,945

70,193

69,192

...do....

5,304
11,589
22,558
20,348
5,252

9,994
8,623
16,501
22,839
13,950

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

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

7,809
19,427
19,170
14,116
9,671

7,065
13,661
18,483
18,563
11,420

10,722
8,426
89
2,938
5,459
857
1,378

6,375
4,258
85
4,002
477
558
1,255

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

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

12,217
9,581
105
3,332
6,192
1,149
1,439

7,468
5,074

6,461
649
5,812

6,427
652
5,776

6,199
826
5,373

6,170
779
5,391

6,424
784
5,640

6,041

5,930
796
636
4,498

5,757
838
575
4,344 I

4,752
847
487
3,418

5,291
953
559
3,779

6,156
1,077
570
4,509

5,747

INDUSTRIAL AND COMMERCIAL FAILURES:

...do....
...do....
FINANCE
FEDERAL GOVERNMENT FINANCE:
of dol..
...do....
...do....
...do....
...do....

91
4,290

619
858
1,609

772
5,269

LIFE INSURANCE WRITTEN (NEW PAID-FOR INSURANCE):
...do....

885
609
4,253


CORRECTION for p. 2 of the May 20, I960 Weekly Supplement: Gross national product—imports component for the first quarter I960 should
http://fraser.stlouisfed.org/
read $23.6 billion instead of $33.6 billion.
9394
Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS — Continued

3

1959

I960

ITEM
March

Apri 1

January

February

March

April

CHEMICALS AND ALLIED PRODUCTS
ORGANIC C1CMICALS, PRODUCTION:
...do....
do....
.thous. of gal..

57,570
86,949
1,512
10,417
12,629

48,729
90,445
1,797
7,819
13,440

60,536
93,744
2,014
6,980
13,863

r65,926
93,302
2,004
r7,085
12,377

99,010
2,073
8,344
13,617

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

10,339
94,036
148,461

'5,394
91,187
144,117

8,588
114,344
148,791

r5,925
r108,128
147,966

9,849
107,262
156,788

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

192
19,774
34,223

156
18,849
33,316

183
24,979
30,675

188
22,524
r31,476

25,523
36,550

3 713
9^049
288
47,956
73,706

9,432
317
44,943
67,625

3,895
7,724
217
47,321
76,715

3,689
8,257
232
48,810
73,549

4,743
9,611
249
51,520
79,436

30,064
92,310
34,023
10,604
14,783
95,133

31,565
92,122
36,373
12,413
15,691
98,312

28,529
102,179
30,119
11,652
14,155
113,006

29,110
101,255
31,268
r10,274
14,460
105,663

31,576
108,263
35,224
12,246
16,435
114,566

DDT.e*
Ethyl acetate (85#>......
..
Formaldehyde (37# HCHO)...•..•......
Methano1:

SYNTHETIC PLASTICS AND RESIN MATERIALS, PRODUCTION:
Cellulose acetate and mixed ester plastics:
do....
Nitrocellulose sheets, rods, &n6 tubes.....
eseeeeeeee OO.«

e e

do....
.do*...
»««.«•.«.«. O O . s e s

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

A

AX/1

FOOD AND KINDRED PRODUCTS
VEGETABLE OILS AND RELATED PRODUCTS:
Coconut oil:
28.9

38.4

33.6

30.3

39.6

43.6

do....

25.5

25.0

26.7

27.4

r28.6

25.0

of short tons..

432.6
722.8

323.5
405.5

r632.7
1,945.4

r576.6
1,443.7

r528.3
953.4

373.7
596.0

do....

195.2
139.8

151.5
166.4

r289.9
131.6

r267.5
149.5

r246.7
140.8

175.8
188.9

148.9

116.5

r2l2.2

r196.9

H8I.3

130.9

52.8
28.1

31.6
13.7

51.8
77.1

46.3
64.2

r45.6
54.4

40.5
27.8

37.3

22.4

37.2

32.9

32.5

29.5

of short tons..
do

1,080.3
2,219.8

1,037.5
1,846.3

1,016.8
2,770.0

919.9
2,437.5

r1,039.8
rl,922.6

992.8
1,620.2

do....

1,677.4
186.6

1,596.2
200.4

1,549.8
190.4

1,394.6
188.0

r1,562.2
N7I.9

1,507.6
247.8

do..,.

380.8

365.6

370.5

335.4

r379.4

366.4

••thous. of lb#.

14,542
5,404
6,143
2,995

15,381
5,712
6,758
2,912

13,764
5,265
5,833
2,667

13,360
5,069
5,510
2,780

15,364
5,272
6,917
3,175

2,783
35,493
511,721
14,325

3,216
38,097
525,850
15,044

2,718
37,630
472,885
13,354

3,087
35,181
r486,035
13,011

3,246
40,260
531,025
14,935

7,462
1,570
26,612

7,338
1,69!
28,987

7,754
1,435
21,904

7,342
r1,470
r22,38l

7,714
1,700
24,300

387.4
272.9
150.7

423.3
294.8
156.5

372.5
250.0
131.3

r426.4
256.0
135.8

432.8
266.8
143.6

43.8
46.3

43.5
53.2

36.8
43.1

39.2
48.0

35.4
55.2

3.5
171.5

4.0
164.8

3.3
133.5

3.1
158.6

2.9
171.9

Corn oi1:
Cottonseed:
Cottonseed cake and mea1:
Cottonseed ol I:
Flaxseed:
of short tons..
Linseed oi1:
Soybeans:
Soybean cake and mea1:

Soybean oi1:
Tobacco, manufactured products:
• *.•••««. edO. . . .

do....
dO
Consumption (withdrawals):
Cigarettes, smai1:
• •9••«mi11 ions,.
do....
••••.thousands..
..thous. of lb..
Manufactured tobacco and snuff, tax-paid.
METALS AND MANUFACTURES
Pig iron, production (excluding blast furnace production
of short tons..
Closures (for glass containers), production.. • •••••mi 11 ions..
••thous. gross..
Aluminum shipments:
....do....
do....

6,760

Oi 1 burners:
•.••.thousands..
do.--_.
Stocks, end of month••••••••.••....•.
Stoves and ranges, domestic cooking, including built-ins,
shipments:
Coal and wood....•••••••••.•••••••••••••••••thousands..
Gas (including bungalow and combination) J/
do....

r/ Revised. J / Excludes shipments of cooking tops (for use with built-in ovens); such shipments totaled 31,300 units in March I960.
.

9394


MONTHLY BUSINESS STATISTICS — Conflnyed
S959

I960

ITEM
Apr 5 I

March
METALS AND MANUFACTURES - Continued
Stoves, domestic heating, shipments, total. @ ooo SS thousands 4
UOS S

SOU

W O O O © © « e e © Q a a a ® e ® © © s . © a s e © Q S 0 » © Q Q o < a ® © Q a o ® ® B " O . ©{

Kerosene, gasoline, and foe! oi l o o o o ^ . o o ^ ^ o a ^ . ^ d o , , ,
Warm-air furnaces, shipments, totaS 0 0 oo S o 0 oooooo 0 ©oo« 0 do G O {
O v S SO

T U @ a©©®©©©©©. @©©©®Q@©©©@©0©©©©©©©©©©©©©©©©©©©0®'-"*"''<3oe

Pumps (steam, power, centrifugal, and rotary),
new orders 9 , 9 ,o 8 » 8 6 8 8 8 S M»e8".« s ».»» 1 > 9 e » ! .ofni L of dol,
PAPER AND PRINTING
NEWSPRINT, CANADA (INCLUDING NEWFOUNDLAND)?
Production. s .. s . @ a . e . e 0 e e . e ^ o .e e ® e e 0 thous s of short tons,
Shipments from mills
....••. B o S o«oottdo,, <
Stocks at miffs, end of month,,.
oo.ooooootdo,,,
NEWSPRINT, UNITED STATESs
FT* O u U G T

1 O n a « Q < B e s & a ® o s © o o © © © e i S 0 B e Q S © © a o o o o © o © o e > o « i o o o s

G O .

© <

Shipments from ml I S s e s e o o 9 e @ O o O 6 , o e , O S Q O O 0 O O O o o O O O o o O » d o e e 6
Stocks at mills, end of month«, e 8 a „ S 9 0 £ ) 0 0 0 s l ) 0 0 0 ( > 3 oo 8 do 8 s , (
Consumption by- pub I ishers e a e a . s 0 a s ,. e 9 ( 9 ...... @ a e , S a S e do a o ,
Stocks at and In transit to pub 1lshers,end of month e do e o !
TEXTILE PRODUCTS

January

February

April

March

132.1
12.7
73e I
46.3
95.0
70.3
22.9
1.8

131. S
18.6
75.8
36.7
97.6
74.6
21.1
1.9

72.0
5.4
41
25
78
61
15
S

r78.2
7.7
r45.1
25.4
79.9
63.2
S5.3
1.4

^5»0

«*5 e 5

7e0

7.6

511 ,9
453.2
318,3

534.6
577.5
275.4

5279 4
493.8
187.3

533,6
494e 8
226.0

575 o 0
5I7 S 9
283 s 2

547,
589 5
241,

1 1 ,8
6
159a
24 ,3
457j
578s5

161,
168,
16,
466,
567 . 9

179.4
167.0
30.5
431.6
651.8

S57SS
155.6
32.0
4S6.4
670. S

172*3
166.0
38.4
469.9
646 e I

168.7
173.5
33 e 6
476.9
651.1

864

718

735

731

888

708

19,257
17,637
11,732
469
10,743

r19,274
17,945
r9,55!
r479
8,776

19,365
17,678
9,995
500
9,144

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

S9,299
17,602
12,143
486
IS,126

19,310
17,599
9,844
492
8,989

64.1
31.5
94.6
45.3
49.3

64.5
31.9
93.3
43.8
49.5

58.5
25.6
109.0
56.9
52.1

57.9
25.8
109.6
58.2
51.4

r62.4
r28.5
HI5.0
61.7
r53.3

56.9
24.9
118.8
63.6
55.2

2 882
i 851
,031
s
10,782
7 ,367
3 ,415
35 ,927
14,129
2! ,798

3,741
2,334
1,407
3,785
3,248
537
35,969
15,041
20,928

2,869
1,633
1,236

7,90S
5,138
2,763

5,950
4,408
1,542

5,579
4,210
1,369

6,948
3,933
3,015

3,211
1,398
1,813

1,963
1,843
120

5,551
4,546
1,005

48,369
24,848
23,521

46,522
22,915
23,607

42,334
20,149
22,185

41,206
20,485
20,721

SI4.0
13.7
71.8

28e.6
82.8
66.7
14.7
1.4

COTTON; ±f

Consumptlon @eeeesaose> e e o e@Qeeeeeee9 0o e oeathous @ of bales,
Manufactures!
Spindle activity (cotton system spindles)?
Active spindles, last working day..........thousands,
Consuming 100 percent c o t t o n o ^ e c ^ ^ o ^ o ^ ^ J o ^ ,
Spindle hours operated, all fibers, total...mi11 ions,
Average per working day. e ...*..*, .eo®® a®*® <>,» do®® <
*««
Consuming 100 percent cotton.••••••.••........do...
MANMADE FIBERS (RAYON AND ACETATES
Productions
Filament yarn...••••••••••••••••• ..•••••••'••mi I. of lb,
Staple, Incl. tow (rayon)•••••••••••••.•••••••....do..,
Stocks, producers 5 , end of month, total•••..*••••••.do.•<
r I"" I a m e n T

y a m . . © . © a . © © . . . © . . . © . © © © . © ,

a-© @ a . o @ o © © a e s QOffi a <

Staple, Incl. tow (rayon).........................do..,
TRANSPORTATION EQUIPMENT
Railroad equipment, American Railway Car Institute:
Freight cars:
Shipments, total.................••••••••••••»•• number,
Equipment manufacturers, total..
••••••••do..,
Railroad and private-line shops, domestic.
do..
New orders, totaI.................................do..,
Equipment manufacturers, totaI..................do..,
Railroad and private-line shops, domestic.......do..
Unfilled orders, end of month, total..............do..
Equipmnet manufacturers, total..................do..
Railroad and private-line shops, domestic.......do..
r7 Revised. * January 1959 data. ** February 1959 data
USC0MM-DC-9394

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


1/ Data for March 1959 and March I960 are for 5 weeks; other months, 4 weeks.

BUSINESS