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May 29, 1959 STATISTICS BUSINESS A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only with subscription t o the SURVEY OF CURRENT BUSINESS, at $4.00 annually, this Supplement provides selected weekly and monthly data subsequent t o those published in the latest monthly SURVEY SELECTED BUSINESS INDICATORS Thousands 1,000 MOTOR VEHICLE PRODUCTION (cars, trucks, coaches; U. S. plants} 800 800 400 200 J F M A M J J A SONO indeK,!947-49=IOO ind«x,l947"49=!00 I 75 ! 75 Monthly STEEL PRODUCTION (ingots csrad steel for eastings) " I 1 50 H I 50 ! 25 - I 25 ! 00 _ -H I 0 0 1 CO 1 Icvi 1 75 J 1 1 1 1 1 1 l - I ^ J L - J - . . -U—i._L-J_J-J—L^L-J-J™J—. •• ,1,.,! 1956 1 | i i I i 1 1 1 1 1 1 1 1 1 1 1 1959 Index, 1 9 4 7 - 4 9 = 100 Index, 1947-49= 100 140 WHOLESALE 1, L I 1958 1957 PRICES Commodities other than Farm Products and Foods CONSUMER PRICES 125 All Items 120 120 All Commodities IOO L. Farm Products 115 b I 10 h V 8 0 l« n n I M i i i I i i n i l i i i i i I 11 i i i l 11 i i i I i 11 i i l 11 i 11 1956 1957 1958 1959 -Lill! I I 1 I I 1959 WEEKLY BUSINESS STATISTICS1 2 1959 1958 ITEM May 24 May 17 Commodity prices, wholesale: All commodities 1947-49-100.. Farm products do.... Foods, processed do. •. • All other do.... 22 commodities 2 / do.... Department store sales do.... Insured unemployment, total thous.. State and UCFE programs do.... Failures, Industrial and commercial number.. Finance: Currency In circulation 3/ mil. of do I.. Federal Reserve bank credit outstanding, total 3/ do.... Member bank reserve balances ,3/ ..do.... Excess reserves, estimated 3/. do.... Reporting member banks (of F.R.System) in leading cities: 4/ Demand deposits, adjusted • mil. of dol.. Time deposits, except U. S. Government......... do.... Loans and investments (adjusted), total .....do.... U. S. Government obligations do.... Commercial, industrial, and agr. loans (gross)....do.... Real-estate loans (gross) do.... Bond yeilds, domestic corporate (Moody's) 3/ percent*. Stock prices, 500 stocks (Stand. & Poor's) £/...1941-43-10.. Industrials, 423 stocks. ..do.... Production: Bituminous coal 3/ thous. of short tons.. Electric power, by utilities mil. of kw.-hr.. Motor vehicles (cars, trucks, coaches) number.. Petroleum (crude) and condensate 3/. thous. of bb 1 Steel £ / . thous. of short tons.. Percent of capacity •• Freight car loadings, total thous. of cars.. Miscellaneous do.... May 2 May 16 May 9 May 23 119.7 90.7 107.8 128.1 88.1 137 119.5 90.6 107*7 127.9 88.1 311 259 31,369 27,424 18,571 399 31,505 27,563 18,550 444 31,515 27,989 18,829 606 57,804 28,488 94,666 29,276 31,230 9,947 4.52 57.69 61.70 56,231 28,524 94,283 28,892 31,369 9,975 4.55 57.61 61.66 56,184 28,506 95,384 29,675 31,587 f0,038 4.58 57.97 62.11 4.65 58.09 62.23 1,373 12,546 144,017 7,113 2,627 92.8 674 359 1,392 12,659 163,042 7,200 2,604 92.0 677 352 1,364 12,684 162,448 7,178 2,631 92.9 694 355 85.5 126 3,222 3,019 327 •119.5 *98.5 * 112.9 •125.3 85.7 128 3,089 2,893 337 87.5 141 **l,940 1,641 275 87.8 158 «*l,828 1,567 265 30,812 24,854 18,190 662 30,822 25,016 18,248 703 31,244 27,212 18,551 404 54,706 27,519 91,785 30,511 30,016 8,774 4.00 43.12 45.84 54,671 27,634 91,803 30,856 29,851 8,800 •4.00 43.55 46.32 1,220 11,257 104,470 6,262 1,412 #52.3 561 297 1,212 11,316 104,640 6,256 1,523 #56.4 571 297 160,484 2,644 93.4 1/ Data do not always cover calendar weeks. %) Tuesday prices. 3/ Daily average. 4/ Wednesday data. £ / Week beginning May 25, 1959: Production, 2,671 thous. short tons; operating rate, 94.3 percent. * Monthly index for May 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 1959 1958 ITEM March GENERAL BUSINESS INDICATORS Business incorporations: New incorporations (48 States)......... Industrial and commercial failures: Failures, total . Commercial service* Construction • Manufacturing and mining '. Retail trade Wholesale trade April January February March April number. 11,670 11,329 18,765 15,758 r18,119 17,554 ..number. do... do* • • ...do... do... do... 1,495 121 202 281 750 141 1,458 116 209 257 737 139 1,273 96 188 215 642 132 1,161 104 164 207 582 104 1,263 117 185 210 625 126 1,292 121 166 202 671 132 Liabilities (current), total thous. of dol* Commercial service********** * do... Construction * * * do... Manufacturing and mining ••••••••••••••••••••••do*** Retal I trade**** ..do... Wholesale trade * do... COMMODITY PRICES Consumer price, index, all items 1947-49-100* Apparel , do... Food... do*.* Dairy products ,.*do.• • Fruits and vegetables..... * .....do... Meats, poultry, and fish .do... Housing* do*.. Gas and electricity do... Housefurnishings •••••••• do... Rent... do... Medical core........ do... # Personal care * do... Reading and recreation.... do... Transportation do... Private do... Public do... Other goods and services do... 71,555 4,470 11,921 23,311 23,531 8,322 83,977 13,497 9,612 29,538 23,657 7,673 73,564 6,559 8,274 17,062 33,197 8,472 58,592 4,547 6,911 17,444 22,327 7,363 65,051 5,304 11,589 22,558 20,348 5,252 71,907 9,994 8,623 16,501 22,839 13,950 123.3 106.8 120.8 114. I 130.7 114.4 123.5 106.7 121.6 112.5 136.6 115.9 127.7 116.0 104.0 137.3 142.7 128.5 117.0 136.3 127.6 186.1 127.2 123.8 106.7 119.0 114. I 121.7 113.8 128.2 118.2 103.2 138.8 147.6 129.4 117.0 144.1 133.1 191.8 127.3 123.7 106.7 118.2 114.0 121.2 112.6 128.5 118.5 103.8 139.0 148.6 129.8 117.1 144.3 133.3 191.8 127.4 123.7 107.0 117.7 113.8 120.7 III.3 * 123.9 107.0 117.6 112.9 123.6 111.5 128.7 118.2 103.8 139.3 149.6 130.0 117.7 145.3 134.4 192.6 128.2 rl Revised. * Index based on 1935-39-100 is 207.2. 9396 127.5 115.9 103.9 137.1 142.3 128.3 117.0 138.7 128.0 185.9 127.2 128.7 118.5 103.8 139.1 r149.2 129.7 117.3 144.9 134.0 192.0 127.3 MONTHLY BUSINESS STATISTICS—Continued 3 1959 1958 ITEM April March March February January 1 April COMMODITY PRICES - Continued Purchasing power of the dollar as measured b y 83.5 81.1 83.8 81.0 83.7 80.8 83.7 80.8 83.6 80.8 •83.3 •80.7 119.7 100.5 142.5 82.2 95.8 110.7 117.8 113.4 106.8 105.9 119.3 97.7 129.2 85.7 94.5 111.5 118.4 II 1.4 107.6 108.5 119.5 91.5 102.5 76.1 90.3 108.7 117.5 113.0 110.8 103.3 119.5 91.1 105.9 77.0 88.4 107.6 117.7 113.0 110.6 100.9 119.6 r90.8 93.6 77.7 91.1 107.2 119.0 113.0 r111.2 99.6 120.0 92.4 114.2 79.7 91.9 107.2 118.9 112.0 110.8 100.8 125.7 110.7 123.7 94.0 64.2 110.3 128.4 125.5 II 1.0 124.3 94.1 62.2 110.3 128.4 127.5 110.2 124.0 93.0 59.9 107.6 128.2 127.8 109.9 123.7 93.0 58.9 107.5 128.4 128.1 109.8 123.6 92.8 60.3 107.5 128.4 128.3 110.0 123.9 92.8 60.4 107.5 128.3 112.4 126.2 100. 1 101.1 117.0 123.5 105.3 122.8 92.6 70.7 II 1.0 119.8 100.0 98.1 115.8 123.4 I05v3 122.8 92.6 70.7 113.9 125.3 100.7 112.7 118.2 123.3 105.0 124.1 89.1 70.2 114.8 126.2 100.8 112.0 119.5 123.3 104.8 124.1 89.1 70.2 115.0 124.6 100.9 113.1 119.9 r 123.5 r105.0 124.1 r89.7 70.2 114.2 119.3 100.8 111.3 119.4 123.5 105.1 123.9 89.7 70.2 99.5 121.9 51.2 91.0 115.5 115.9 99.7 121.7 53.3 91.1 115.7 115.9 104.1 123.2 68.7 99.3 120.5 121.0 105.4 123.3 73.0 101.0 122.5 123.1 108.5 123.6 87.7 103.6 r 124.2 r125.5 117.8 128.3 108.5 120.4 126.1 126.6 149.2 138.3 165.4 151.3 139.1 149.8 120.7 167.3 127.0 149.4 138.5 165.4 151.8 139.0 148.6 120.8 166.4 124.1 151.8 142.9 170.9 152.6 143. 1 152.9 121.8 172.0 133.2 152.0 143.0 171.4 152.5 | 143.2 153.4 122.0 172.5 134.1 r152.2 r 143.1 M7I.7 r153.1 143.2 r 153.6 121.9 171.9 r136.1 152.1 143.1 171.8 153.0 143.2 152.8 121.9 170.8 134.8 135.3 155.5 127.9 133.1 130.5 143.0 144.6 152.1 135.4 155.5 127.9 133.1 130.5 142.9 144.5 152.1 137.2 159.3 128.6 133. 1 131.5 142.1 146.0 151.9 137.5 159.6 J29.0 133.1 131.7 142.1 146.1 151.9 137.7 159.9 r 129.3 133.1 132.0 142.1 146.7 151.9 136.3 160.0 129.4 133.1 132.2 143.3 147.5. 151.9 94.0 99.3 89.0 116.1 81.0 102.8 128.0 120.1 134.8 94.3 119.1 93.7 99.2 88.5 116.5 80.5 101.6 128.0 120.1 134.8 97.8 119.1 93.3 99.3 88.7 104.7 79.3 97.4 128.6 121.7 134.8 100.8 117.8 j 93.7 99.3 89.6 109.3 79.8 97.7 128.9 121.7 134.8 98.5 117.9 | r93.9 99.3 90.2 M2.I r80.l r97.8 132.1 121.7 134.8 97.0 r117.2 94.1 99.3 90.3 113.6 80.6 99.5 132.2 121.7 134.8 96.8 116.9 11,182 9,501 6,039 3,496 4,956 4,528 8,152 6,576 1 10,722 8,426 6,375 4,258 Wholesale price Index: Fruits and vegetables, fresh and dried*. do.... Livestock and live poultry do.... Fruits and vegetables, canned and frozen.........do.... Commodities other than farm products and foods.....do.... Chemicals and allied products.. do.... Chemicals, industrial••.«««...«.«•.•••••......••do.... Drugs and pharmaceuticals........ # ..............do.... Fats and oils, inedible.........................do.... FertiIizer materiais«...«««.«««.«.«««....«..««..do*... Fuel, power, and lighting materials do.... Furniture, other household durables..... do.... App1iances, househoId.......... .<•••••....••••••.do.... Hides, skins, and leather products....... do.... Lumber and wood products.........................do.... Machinery and motive products.. Agricultural machinery and equipment Construction machinery and equipment Electrical machinery and equipment .....do.... .......do.... ......do.... ...do.... Metals and metal products..............••••••••••do.... Nonmetalltc minerals, structural do.... 'Pulp, paper, and allied products do.... Manmade fiber textile products Tobacco manufactures and bottled beverages do.... do.... | ! I 1 FINANCE Federal Government finance: Individual income taxes Corporation income and profits taxes.......... do.... do.... 69 68 76 70 89 85 2,658 6,538 3,584 2,944 5,202 4,002 680 476 722 1,237 1,189 424 321 U92 2,938 5,459 1,281 1*237 1,378 1,255 5,749 • 616 5,133 6,122 6,776 6,331 6,461 6,427 613 5,508 675 6,101 362 630 5,701 857 649 5,812 rj Revised. Indexes based on 1935-39*100 are as follows: Measured by—wholesale prices, 43.6; consumer prices, 48.3. 9396 477 558 652 5,776 MONTHLY BUSINESS STATISTICS—Continued 4 w - "'-«•»•• ••—-"••«• *— •--»-<~ " ».—*..—«,«»..«. .«—....-*. , . ,.*. «~_ 1959 1958 ITEM March April January February March April METALS AND MANUFACTURES Machine tools (metal-cutting and metal-forming): 36.15 29.80 54.15 48.50 2.7 Domestic. • .••••••••••••oo«»»«««««««»«««»««««««»»«» odo..'». 28.30 20.85 50.90 44.20 2.6 ! P53.45 P47.05 p45.10 p38.20 p3.9 41.05 35.10 31.30 25.80 3.4 45.40 40.05 36.05 29.85 3.8 r5l.55 r46.70 r45.75 r39.40 r3.9 r924.0 r606.0 ri,054.7 r874.4 r533.7 r900.4 r672.7 r999.3 r836.4 r536.8 #925.0 #66i.C #844.0 #859.0 #456.0 r 150.0 r83.0 r138.4 r 143.0 M3I.0 r146.0 r93.0 r!35,0 r137.0 r128.0 155.0 102.0 146.0 145.0 M7.0 r384.0 r 329.3 r358.2 r353.2 r236.5 r369.3 r359.8 i r328.5 r325.9 -234.? 420.0 393,0 o « o o » o » 9 C o 374.0 371,0 .•»»«•»»<!» 237.0 • c«t.««to»ft r330.4 r 147.5 r320,6 r3!9.8 rIOI.I 1 r328.6 r168.9 r3i2.9 r3l7.6 r103.6 350.0 166.0 PAPER AND PRINTING Paper, excluding building paper, newsprint, and paperboard: r8l7.4 r658.2 961 8 r804.8 r5!6.2 Fine paper: Orders, new..«.•«.•«••••••o««»o*o«*»***«*«*««o»*«...oo.... 124.8 70.3 136.3 124.8 130.5 Printing paper: Orders, unfilled, end of month..,„..«. ,. do..,. PrOdUCtiOn.c..«e».o.«.»oo.ocoo«oae»9<>etea«<>»<»4«0»« »dO.»• . Shi p m e n t S . ..«««.o..»»e.»w«<>e»oo«0«ao0A««c«o:>«*e<»!r# eO O * » «» Stocks, end of month Coarse paper: ......,...*. .••••.do..*• 1 Orders, unfilled, end of month......,••«•« „..do.».. 1 r786.5 r639 I 994.5 I r804 6 r528.9 120.9 71 7 I 132.8 122.3 139.2 | r346.0 r4l9.2 334.8 r334.2 r2!7.3 r34l.6 ! 299*4 132.5 300.3 296.1 113.4 277.0 ! M9.8 j 297.4 288.3 M5.3. 52 {.8 471.! 245.2 522.6 532.? • 235.1 | 148.4 I5S.0 16.7 434.4 689.8 148.6 149.2 16.0 423.3 694,9 629,665 729,955 r-412,4 342.8 | r344.0 r2!6.i I Newsprint, Canada (including Newfoundland): P r O d U C t 1 O n . . . . . . . . . . « « . « c o « o * » e « * f t C 8 a < t e 4 S < > r c f t s a » e » » e • G O . .: » c Stocks at mills, end of month „ ».•*<..•«••«.do«,,« 1 Newsprint, United States: Production. • ••.•...••<.»»»«.»c«««c«»»««*<»*«oc.»4..o.*««. »do..«.. 1 Stocks at and In transit to publishers, end of month.do.... ! 1 1 346.0 343.0 102.0 .e..«0o«o« OJJ«n««a 49! 4 ! 465.9 209.9 466.0 4? 6.2 259.6 5M.9 453.2 318.3 534.6 577.5 275.4 i 165.7 i i j 155.1 27.1 394.9 651.8 149.6 155.0 21.7 384.5 636.3 I6U8 159.2 24.3 457.7 578.5 165.3 168.6 16.9 466.5 567.9 687,360 699,652 862,582 716,820 r64.1 r3l.5 r94.6 r45.3 r49.3 64.6 31.9 93.3 43.8 49.5 TEXTILE PRODUCTS Cotton: 1/ Rayon and acetate: Production: 54.6 24.8 126.7 69.8 56.9 1 47.9 22.1 1 126.1 69.9 56.2 56.1 33.5 98.1 50.4 47.7 r/ Revised. &/ Preliminary. # March data exclude estimates for tissue and miscellaneous papers. cover 5 weeks; other months, 4 weeks. USC0MM-DC-9396 UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS 54.7 31.2 99.0 48.1 ; 50.9 I 1 / Data for April 1958 and March 1959 PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300