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- May 3, 1957 °fBuSS$t&* STATISTICS 1 M " BUSINESS o f r "" 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 BILLION BILLION DOLLARS DOLLARS 100 100 TOTAL LOANS A N D INVESTMENTS Average of Wednesday data Wednesday data (Federal Reserve Weekly Reporting Member Banks) 95 95 90 - 90 1957 85 80 -^^ 7 5 tyi J K/w^ \ ^ / ^ 1956 H ^ ^ 1 1 1 1 1 1 »J 1—i— 85 / 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 S955 1956 1954 i i i i i 1 i i i i i 80 I I I I I I I I I I LJ J F M A M J J A S O N D 1957 INDEX, 1 9 4 1 - 4 3 = 10 75 I N D E X , 1941 - 4 3 = 70 Monthly PRICES OF 425 INDUSTRIAL STOCKS (Wednesday close) 60 50 - L —J 40 30 20 — A - ^ P " * * ^ J_I i i i 1 i i i i i i i i 1954 i i 1 i i i t i i i i i 1955 . 1 i i i i i 1 1 1 1 1 1 1 1957 1956 J F M A M J J A S O N D INDEX, 1 9 4 7 - 4 9 = S00 250 INDEX, 1 9 4 7 - 4 9 = 100 250 Monthly ELECTRIC POWER PRODUCTION Weekly 1957 (seasonally adjusted) 225 225 1956^ 200 200 175 175 150 \ \ I I I I I ) I 1954 I I I I I I I 1955 I I I I I I I I I I I 1956 I I I I i I l l I I » 1957 l- I i t II M l l-L I I I IJ J F M A M J J A S O N D 150 WEEKLY BUSINESS STATISTICS1 2 1957 1956 ITEM Apr. 21 Apr. 28 Apr. 6 Apr. 13 Apr. 20 Apr. 27 ^Commodity prices, wholesale: .......... Al1 other... 91.9 !!3 1,424 1,324 *M3.6 *88.0 * 100.4 * 1.21.6 92.1 !!9 1,371 1,279 117.0 89.2 104.0 125.4 88.5 113 1,592 1,474 117.2 90.2 104.7 125.3 89.2 122 1,581 1,467 117.2 90.7 104.6 125.3 89.1 128 30,290 25,497 18,909 591 30,155 25,374 18,884 540 30,588 25,165 18,868 342 30,655 25,400 19,088 547 30,681 25,520 19,107 548 56,713 21,596 85,487 27,695 27,770 8,412 56,908 21,590 85,340 27,509 27,842 8,424 55,118 23,157 87,253 26,635 31,322 8,69! 55,588 23,172 86,930 26,305 31,376 8,690 56,588 23,097 87,268 26,258 31,547 8,699 252 3.43 47.74 51.02 236 3.46 47,09 50.26 231 3.96 44.54 47,47 308 3.95 44.98 47.99 302 3S96 45.08 48.10 1,631 10,894 153,163 7,130 1,673 10,867 149,143 7,146 1,600 1 1,693 154,214 7,614 1,650 11,695 148,955 7,442 1,700 11,485 141,693 7,551 2,466 #100.2 763 389 2,473 #100.5 778 390 2,319 90.6 644 344 2,310 90.3 674 345 2,313 90.4 687 344 .do.... 1 17.3 90.7 104.8 125.4 88.7 F taance: Federal Reserve bank credit outstanding, total .3/.....do,... 30,610 25,695 19,201 568 Federal Reserve reporting member banks in leading cities: .4/ Time deposits, except U. S. Government., Loans and investments (adjusted), total, do Commercial, industrial, and agr. loans (gross)...,do.... Bond yields, domestic corporate (Moody's) Stock prices, 500 stocks (Stand. & Poor's] 4/.,.1941-43=10,. do.... Product i on: s. of short tons,. Stee! 5/ . .. thoiis, of short tons,. do 263 3,98 45.72 48.82 149,367 2,269 88.7 jy Data do not always cover calendar weeks, 2/ Tuesday prices. $/ Daily average. 47 Wednesday data; S&P's index on revised basis, £ / Week beginning April 29, 1957: Production, 2,278 thous, short tons; operating rate, 89,0 percent,. ^Monthly index for April 1956, #Not comparable with 1957 rates, which are based on higher capacity, MONTHLY BUSINESS STATISTICS 1957 1956 ITEM February March December Januarv February March GENERAL BUSINESS INDICATORS Industrial and commercial failures: Fa i lures, tota I Commercia I service, Construct ion Manufacturing and mining..... Retai I trade Wholesale trade Liabilities (current), total • CommerciaI serv ice.., .». e . • Construct ion-. .• Manufacturing and mining... Retai I trade Wholesale trade number. .do... do... ••.•••••do,.. do... .do... 1,024 62 141 202 511 108 1,170 102 150 224 572 122 982 83 183 172 472 72 1,148 7! 177 197 612 91 1,146 93 180 199 568 106 1,336 ' 99 205 239 672 121 ....thous. of dol. do.• • , ...do... do... .do... do... e 49,189 1,920 9,881 17,647 14,693 5,048 42,622 2,015 7,089 15,649 12,430 5,439 50,279 3,780 8,149 21,785 10,946 5,619 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 r205 rl95 r!57 r220 r 171 r33 r349 rl95 r 191 r!60 rl9l rl48 r346 r20l r203 rl6l rl85 rl53 r33 r375 207 207 164 203 167 35 373 206 213 153 210 153 39 361 42,662 73,385 1,931 8,820 41,851 79,150 1,728 10,166 49,737 90,378 1,618 14,456 r53,628 85,428 1,491 7,978 41,227 74,946 1,512 8,955 10,742 7,702 81,911 11,083 6,791 81,632 121,906 11,201 8,306 95,181 107,918 10,878 8,748 93,089 !09,!49 9,311 5,702 82,526 105-976 , DOMESTIC TRADE Printers' Ink advertising index, adjusted: J/ Comb ined i ndex. Business papers Magaz i nes, • Newspapers Outdoor , Radio (network).. TeIevision (network)..... CHEMICALS AND ALLIED PRODUCTS 1947-49= 100. .do... do. • • • do... do... do... 1950-52= 100. Organic chemicals, production: Acetic acid (synthetic and natural)...,...,...thous. of lb. Acetic anhydride • do... Acetylsal icyl ic acid (aspirin).. ••••• .do... Creosote oil.... thous. of gaI. DDT....... EthyI acetate (85£) Ethylene glycoi Forma idehyde (37# HCH0) thous. of lb., ...do..., do..., do..., iin cio r33 jr/ Revised. U Data revised beginning 1953—revisions for 1956 for months not shown here will appear on p. S-8 of the May issue of the Survey; those prior to 1956 will be shown later. MONTHLY BUSINESS STATISTICS—Continued 3 1957 1956 ITEM February March December January February March CHEMICALS AND ALLIED PRODUCTS - Continued Organic chemicals, production - Continued Methanol: of lb., t tons.. 178 17,070 28,714 223,621 189 20,703 29,625 210,257 172 21,312 27,093 179,599 171 20,503 25,56! 162,814 18,(44 27,242 183,(40 266,028 of lb.* ..do.... 461 63,987 526 71,445 494 67,568 546 70,015 722 67,094 71,654 of lb.. ..do.... 3,426 7,178 497 501 42,799 40,401 4,296 8,007 501 585 43,935 43,272 3,724 8,452 317 472 35,206 41,794 3,491 7,456 377 525 41,373 43,507 3,292 7,187 429 375 37,064 46,097 ..do.... ..do.... ..do.... ..do.... 26,507 61,607 32,392 12,055 5,366 41,416 12,898 25,161 66,675 33,482 i1,468 5,986 40,567 13,829 21,370 67,870 27,874 10,024 6,139 51,413 13,679 23,097 67,096 34,948 10,848 7,265 r 52,394 14,829 22,556 64,005 29,980 10,517 7,187 49,800 13,080 kw,-hr.. *43,654 **r44,874 46,161 47,693 ..do.... ..do.... ..do.... ..do.,.. *6,945 •22,703 *433 * 11,495 **r7,095 **r22,747 **427 **r12,542 7,428 23,673 389 12,424 7,640 23,795 412 13,561 ,,do.... ..do.... ..do.... ..do.... *699 *452 *50 *876 **r682 **r453 **48 **r881 764 483 54 945 784 487 39 973 of dol.. *7 12,806 **733,224 757,026 784,979 . of lb., 113,030 97,025 4,300 170,900 129,300 119,070 3,410 208,950 102,810 96,240 7,110 152,200 116,405 100,920 7,350 162,000 109,255 97,105 8,275 169,850 124,855 116,150 6,380 212,600 8,800 123,800 9,425 147,700 8,250 104,800 7,700 120,900 6,500 122,400 6,450 144,090 8,230 110,578 8,133 (11,413 9,649 224,025 9,117 156,420 9,559 123,616 8,925 83,361 ...do.... 8,914 81,310 8,290 91,896 10,757 69,461 10,384 65,623 10,450 63,308 . of lb.. ...do.... ...do.... ...do.... ...do.... of bags.. 2,018.4 909.9 56.9 1,051.6 203.2 793 2,127.6 958.9 59.3 1,109.4 224.1 770 2,063.9 987.0 50,3 1,026.6 198.6 965 2,199.0 1,111.7 64s8 1,022.6 196.4 988 1,843.3 902.5 53,9 886,9 172.8 1,181 ~t tons.. ...do.... ...do.... ...do.... ...do.... Stocks, raw and refined, end of mo....thous. of sho rt tons., 39,789 521,462 149,339 626,942 613,522 1,862 38.740 608,051 146,223 716,555 699,165 1,762 546,245 202,748 86,742 665,418 661,137 1,906 115,426 519,988 50,532 590,353 585,089 1,826 53,164 453,611 93,376 538,498 r536,683 1,809 1,935 2,012 1,788 2,049 1/260 1,761 4,679 8,300 5,405 433 18,421 16,930 i 127 6,285 7,270 4,895 120 20,121 19,105 15 4,746 7,995 5,440 99 19,135 19,135 0 3,964 7,140 5,000 26 18,190 18,190 152.7 1 115.6 117.9 188.4 of gal.. Explosives (industrial), shipments: 246 Synthetic plastics and resin materials, production: Cellulose acetate and mixed ester plastics: ..do.... ..do.... ..do.... ..do.... ..do.... ELECTRIC POWER Sales to ultimate customers, total (Edison Electric Commercial and industrial: Revenue from sales to ultimate customers (Edison FOODSTUFFS Dairy products: Production: •.do.... •• ...do.... Evaporated milk (unsweetened), case goods Dry mi Ik: ...do,... Stocks: •... ...do.... Evaporated milk (unsweetened), case goods Dry mi Ik: # 9,430 69,029 Meats: 1,932.0 918.1 49s5 964.4 190.8 853 Sugar, U. S., deliveries and supply (raw vaJue): METALS AND MANUFACTURES Tin: ng tons.. Imports for consumption: ...do.... ...do.... ...do.... ...do.... | ...do.... Foundry equipment (new), New orders, net mo. avg. sh-ipments, 1947-49*100.. f_/ Revised. *nata are for December 1955- 2,746 5,466 8,115 5,250 46 18,384 17,845 169.0 **Data are for Januarv 1956. 1/ Production by detinning plants only. 565,977 157,876 607,739 1,793 MONTHLY BUSINESS STATISTICS —Continued 4 1956 S957 I TEN February March December January February March METALS AND MANUFACTURES - Continued Machine tools (metal-cutting)? New orders (net)* total••••••••••••.. e 9 mfI. of do I, Domest ic.••••••••*••••••.•••••••«,, 889S9,,4edoM) Sh ipments, totaI............,,...,... Domestic© • •.,.«•••.«...,««•,•,,,••• 99ee99a..doe9e Estimated back log..•.,...#,....i•..,.. .......months, Vacuum cleaners, standard type, sales b lied es .^thousands, Washers, domestic, sales biI led J./..... .••••....do.., Radio sets* production 2/.,.,,».,,,,,,, a. dO.,< Television sets U n c i , combination), production 2/^ do.., 81.30 72,35 64,60 58.70 8.5 286.4 405.6 1,093.5 576.3 89,50 80.05 74,15 67.85 8.6 395.7 405.7 1,360.1 680,0 57,20 51.90 •85.15 75,05 6,2 281,0 298.4 1,715.2 627,0 63,25 56.30 76.55 67,55 6,0 276.7 331.3 1,085.5 450,2 .thous. of short tons. 397,8 446.1 443,6 ...do,,, ...do... 366.1 S07a2 366,3 103.9 523,5 112.2 50,199 111,832 49,^53 109,974 45,130 I 16,469 52,631 101,758 r46,427 r100,253 48,696 97,308 90,488 75,082 94,389 77*715 150,995 93,764 72,260 202 596 94,277 85,490 r83,235 r77,260 93,916 82,661 !82 # 5!8 rIS,076 r.9,984 r11,790 r!2,OIO r10,323 r9,426 r-989 r58 9 20 r5s,SO r77 e 70 . r72,05 300,9 319,6 ,264,8 r464.7 p60.00 p52.45 p89,85 p79,40 p5.5 312.7 286.2 1,609.1 559,8 407 . 6 387,2 463,3 551.1 591,7 119,6 580.2 107,8 5.8 PAPER AND PRINTING Newsprint, United States: Consumption by pub Iishers e9 . s ..., Stocks, end of month: At pub Ii shers,....,,... . ,0... ., In transit to pub! Ishers..,,.,., 113. S RUBBER AND RUBBER PRODUCTS Natural rubbers Consumption.,.........................,......*...long tons* Stocks, end of month.••...•••••••••••••••••••••••••.,.do.,. Synthetic rubbers Product ion, •••••••••••••••••••••••••••••••••••••• do.,. Consumption* .••.•.....,.....,••...,,.....,«...•... .••••do... Jiv».r\a, cnu ist niv/*i » «a , , , , , , , , . , e s e t> s e e e e e e 9 9 » . • o • 0 e , e a « 0 " Q , . , 8QX ."JOA STONE, CLAY, AND GLASS PRODUCTS Glass containers 1 Production. •••••••.•••••....•.••.••• •••••••••thous. of gross. Shipments, domestic, total••••••••••••••• ,....do.• • Genera I-use food; Narrow™*neck ?©od©oa.ooa©©©.®©®«,• ©®©©<5©©e®©s®©o®©«©oo.«© Wide-mouth food" ( f h c l . packers 1 tumblers j e l l y glasses, and fruit jars).,,,,,..... ,...,do 98 . Beverage, •••••••••••••••••••••••• ...... «.do... Beer bottIes•••••••••••••«•.••••••••••>•••••••.••••••do... Liquor and wlne,..'...............*'«*....*..*«.*.a««««*do... Medicinal and to! Ief,,.e.«»< : do,,, Chemical, household and industrial...., .......do... Dairy products .........do... Stocks, end of month ...... ..do... TEXTILE PRODUCTS Men*s apparei, cuttings; 3/ Tailored garments; Suits... « .thous. of units. Overcoats and topcoats,» .do... Trousers (separate), dress and sport.,oe.....,,.....do.. • Work clothing; Dungarees and waistband overalls thous. of doz. Shirts do.,. 11,657 10,022 11,057 r9,7IO 12,596 11,109 rl,020 r765 948 892 1,100. r2,647 838 660 r1,079 r2,685 r899 187 15,130 r2,826 1,656 940 r1,340 r2,997 r1,028 203 14,673 r2,723 721 667 rl,088 r2,459 r802 201 13,897 2,997 484 577 963 2,902 967 184 14,976 r2,843 515 508 1,061 2,791 942 158 16,107 3,049 799 889 1,190 2,899 1,024 159 17,318 1,860 288 5,664 2,285 410 5,940 1,688 260 4,224 2,068 248 5,520 1,820 244 5,136 p2,345 p380 p6,900 380 416 345 450 168 228 r248 288 256 308 p320 p380 r/ Revised. j>/ P r e l i m i n a r y . \J Figures beginning January 1957 exclude sales of combination washer-dryer u n i t s (included in e a r l i e r d a t a ) ; sales of such types t o t a l e d 102,400 u n i t s in 1956 and 60,400 u n i t s in 1st quarter 1957, 2 / Data for March and December 1956 and March 1957 cover 5 weeks; other months, 4 weeks, 3 / Data for March 1956 and March 1957 cover 5 weeks; other months, 4 weeks. 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