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May 30. 1958

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 to those published in t h e latest monthly SURVEY

SELECTED BUSINESS INDICATORS
Index, S94S - 4 3

Index, 1941-43 = 10

Weekly

"onti"y

PRICES OF 425. INDUSTRIAL STOCKS
(Wednesday close)

60

H 60

1957

\

^^^^v

50

50

-

40

30

•• 1 0

70

TO

\f**r/*

1958

40

-

-

20 A O - 1 - J - J L . H 1 8 \ iL.J-.L-_
1955

i

i J _ I ..i L_j__i I__I_J

1

1

I

\

1

S

§

1

8

t

8

| _ J

1

1957

1956

1

i

S

8

6

1

8

\ \

9

i i i 1 i—i i i ) J 2 0

J F M A M J J

S958

Index, 1 9 4 7 - 4 9 = 100
275

H 30

A S 0 N 0

Index, 1 9 4 7 - 4 9 = 100
275

Monthly

ELECTRIC POWER PRODUCTION (by utilities)
(E. E. 1. seas. adj. index)

250

225

X

"1

H

200

175 J - L - L i - L - L l . I . I . I 1 ^JLJL^J^JL^XJU^J™^^

m

1 1 L L..l_XjLJL.l ,J—1— -JLJL_L__JLJLJ

I ...i i .1—i—1

Index, 1 9 4 7 - 4 9 = 100
125
CONSUMER PRICES

Index, 1 9 4 7 - 4 9 = 100
120

120

HO

115

100

COTTON CONSUMPTION
(daily average; seas, adj.)

no p

Food

1 0 5 U I I I I I I I I I I 1 i I I I I I I H I I 1 I I I M \ I 1 I II 1 1.1 I I I It II I I
1955
1956
1957
1958




90 h

8 0

»' ' I II I11 I II 1 I I I I I II M II 1 I II II I I I I II 1 I I 1II IM M I

1955

1956

1957

1958

WEEKLY BUSINESS STATISTICS1

2

1957

1958

ITEM
May 18

May 25

May 3

May 10

May 17

May 24

Commodity prices, wholesale:

All other......

1947-49=100..
do....
do....
do..,.
do....
...do....

,

do....

.*•••.....
87.6
129
1,435
1,346
264

* 125.2
88.3
124
1,357
1,270
309

84.1
132
3,414
3,156
336

119.3
97.7
M2.0
125.4
84.4
S38
3,319
3,064
279

30,654
25,031
18,845
477

30,645
25,070
18,818
534

.30,518
24,566
18,249
660

30,659
24,763
18,276
690

30,812
24,854
18,190
629

55,057
23,276
85,905
25,221
3i,569
8,6fi9

55,151
23,356
85,626
25,114
31,328
8,664

55,699
27,295
92,483
30,548
30,!85
8,746

54,915
27,444
91,973
30,496
30,129
8,757

54,706
27,519
91,785
30,511
30,093
8,774

4.02
46 s 83
50.17

4.03
47, !4
50.53

3.99
43,44
46.22

4.00
43.93
46.80

4 3. !2
45.84

1,058
11,251
96,251
6,227

1,042
ii,3!5
95 f 944
6,250

1,195
11,257
I04f162
6,262

S,289
#47.8
533
292

i,334
#49.4
535
288

i,4!2
#52.3
561
297

*II7.I
*89.5
* 104.9

M9.5
98.6
i 12.8
125.4
85.5
127

1 19 3
97 3
M3.0

327

337
30,822
25.016
18,248
648

!2S5„2
85.7

Finance:
Federal Reserve bank credit outstanding, total .4/

do....

do....
Federal Reserve reporting member banks in leading cities: J5/
Time deposits, except U. S, Government.,
Loans and investments (adjusted), total.
do....
Commercial, industrial, and aqr. loan:> (gross)..*.do-.-.
Bond yields, uomebi io corporate ( M O O G V : S )
Stock prices, 500 stocks (Stand. & Poor*s) 5./.,.l94l~43»IOe_.
Industrials, 425 stocks,,,,,,*,.,,
e c » a s = , S eo * a d O . . . ,
Production:
s. of short tons..

1,587
M,5I9
150,528
7,511
?

IKK

84.2
722
350

1,579
M,574
150,835 i
7,457 i
2,212
86.4
723
343

4.00

4.00
43.55
46.32

104. >;?5

i 523
#56.4

J./ Data d o not always cover calendar w e e k s . £ / Tuesday prices. V Revised series; not comparable with data in issues prior t o M a y 9,
1958. 4 / Daily average. j>/ Wednesday data. _6/ Week beginning M a y 2 6 , 1958: Production, 1,526 t h o u s . short tons; operating rate, 56.5
percent. * Monthly index for M a y 1957. # Based on January I, 1958, annual capacity (140,742,570 t o n s ) ; not comparable with 1957 rates
which are based on January I, 1957, annual capacity (133,459,150 t o n s ) .

MONTHLY BUSINESS STATISTICS
1957

1958

ITEM
March

Apr i !

January

February

March

Apri I

GENERAL BUSINESS INDICATORS
Business incorporations:
12,049

12,312

13,080

118.9
106.8
113.2
110.7
116. I
100.6

119.3
106.5
113.8
110.5
118.7
102.0

122.3
106.9
118.2
114.6
121.9
M0.2

124,
112.
104,
134.4

125.2
112.4
105.1
134.5

136.4
122.9
110.5

do...
do...
do...
do...
5947-49= 100.
do...

.number.

New incorporations (48 States)....,

11,670

11,329

122.5
106.8
M8.7
114.5
124.4
I 12.0

123.3
106.8
120.8
114.1
130.7
114.4

1/123.5
106.7
121.6
112,5
136.6
M5.9

127. I
I 15.7
104.2
136.8

127.3
N5.9
104.9
137.0

127.5
115.9
103.9
137.1

127.7
116.0
104.0
137,3

136.9
123.3
I 11.8

141.7
127.8
116.6

141
128
3 16

142.3
128.3
SS7.0

142.7
128.5
117.0

135.1
125.2
175.8
124.2

135.5
125.5
176.8
124.2

138.7
128.4
182.4
127.0

138.5
127.9
185.4
127.0

138.7
128.0
185.9
127.2

138.3
127.6
186.1
127.2

85.5
84.1

85.3
83.8

84.1
8 3.8

84.0
81.6

83.5
81.1

2/83.8
2/81.0

3,120
1,817
423
880

3,185
i,836
411
938

3,363
i,925
456
982

3,404
1,934
442
1,028

3,464
i,947
428
1,089

3,527
1,958
413
1,155

10,466

COMMODITY PRICES
Consumer price index:
A I I items
Appare I
Food
Da i ry products
Fruits and vegetables.....
Meats, poultry, and fish

1947-49= 100.
do...
do...
do...
do...
do...

Hous ing.«
Gas and electricity
Housef ur n i sh i ngs
Ren+,

,

„

Med i ca I care
Persona I care
...,
Reading and recreation

„
,
P.

Transportat ion
,,
Pr i vate,
,
Pub I ic.
„
Other goods and services
Purchasing power of the dollar as measured b y —
Wholesa le pr ices
Consumer pr i ces
,„

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

FI NANCE
Agriculturai loans and discounts outstanding of agencies
supervised by the Farm Credit Adm.:
Total
„
.
*.»....mi I. of do I.
Farm mortgage loans: Federal land banks
do...
Loans to cooperat i ves
do. • •
Other loans and discounts
do...


£/ Revised. ±/ Index based on 1935-39=100 is 206.5. 2/ Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices.
http://fraser.stlouisfed.org/
43.9; consumer prices, 48.4.
12884
Federal Reserve
Bank of St. Louis

MONTHLY BUSINESS STATISTICS — Continued

3
1958

1957'
ITEM

March

Apr i I

January

Apri i

March

February

FINANCE - Continued
Federal Reserve banks, condition, end of month:
51,016
24,970
23,149
* 21,627
51,016
19,835
18,629

51,159
24,330
23,240
22,099
51,159
19,785
18,667

50,731
24,570
23,628
21,804
50,731
19,650
18,532

117

276

415

481

633

26,454
46.7

26,323
46.7

26,711
47.4

26,559
47.7

26,537
47.2

51,315
24,672
23,681
21,409
51,315
19,516
18,254
p657
26,375
46.7

5,243
4,786

7,756
6,299

11,182
9,501

6,039
3.496

51,494
24,960
23,169
21,635 I
51,494
19,983
18,864

51,428
24,352
23,331
22, 104
51,428
19,956
18,958

Federal Government finance:
12,145
10,737

6,142
4,256 i

66

65

69

58

69

68

2,868
7,327

3,646

3,034

4,741

3,584

692
1,192
5,584

406

2,658
6,538

476
722

1,278

1,302
1,249

680

1,270

1,237

1,189

5,987

6,0M

6,122

520
633 1

486
385

5,528

5,749

601

604 I

693

606

616

613

4,983

5,383 !

5,318

4,922

5,133

5,508

5,653
1,158

5,907
1,510

5,402
1,554

4,860

5,688
1,319

5,436

563

569

428

944
459

3,932

3,828

3,420

104.4
110.0

104.3
109.8

4.46

4.47

Life insurance written (new paid-for insurance):

509

964
509

3,457

3,860

3,963

105.9
110.0

105.7
109.1

105.0
107.9

105.3
110.0

4.36

4.38

4.42

4.37

Security markets (Standard and Poor's Corporation):
Bonds:
Pri eef:
Industrial, utility, and raiIroad (AI+ issues):
Stocks:
Dividend yields, preferred stocks, 14 high-grade.percent..
Prices:
Combined index (500 stocks).......
.1941-43=10..

44.03
46.86
46.56
32.08
32.45
29.37

45.05 !
48.06
48.26
32.67
33.03
29.78 i

41.12
43.98
43.00
31.43
33.30
22.69

41.26
44.01
43.32
31.60
34.12
23.00

42.11
44.97
43.60
32.35
34.57
22.60

42.34
45.09
42.61
32.78
35.54
23a20

19.50
38.87
27.80

19.40
38.82
28.38

19.08
37.98
25.88

19.55
38.87
26.81

20.21
39.56
27.49

20.26
40.17
27.36

41,136
76,985
1,208
9,796

32,738
64,305
1,570
10,414

47,517
80,808
2, 144
8,506

39,710
78,233
1,778
7,339

40,210
71,259
1,931
8,540

11,522
6,371
89,577
111,620

11,766
7,420
97,156
105,163

10,451
6,281
106,806
111,467

10,793
5,314
94,875
104,663

11,881
6,198
89,167
110,881

197
18,701
27,080

193
16,647
30,226

165
18,197
25,436

167
16,965
22,638

18,585
27,340

4,253
8,289
379
500
39,816
51,041

3,823
7,168
,357
528
35,442
48,871

3,564
6,138
348
874
38,813
41,701

3,283
6,677
290
671
32,500
42,216

3,823
7,653
278
736
32,802
45,228

25,910
70,419
31,879
9,951
8,618
56,587
15,428

24,217
67,640 1
32,382
10,508
8,961
51,793
15,711

25,630
68,977
27,927
10,340
7,533
69,522
15,677

21,871
58,327
r25,805
r8,643
7,910
r61,801
r12,938

23,901
62,326
25,883
8,506
8,637
64,575
14,356

1,932.0
918.1
49.5
964.4
190.8

1,866.0
906.1 1
50.6
909.2
182.1

2,050.6

1,622.0
789.7
47.4
784.9
146.5

1,719.7
809.5
50.2
859.9
154.5

Banks:

CHEMICALS AND ALLIED PRODUCTS
Organic chemicals, production:

Methanol:
Natural (lOOjO........•••••••••••••••••••••thous. of gal..
Synthetic plastics and resin materials, production:
Cellulose acetate and mixed ester plastics:
Nitrocellulose sheets, rods, and tubes........«......Ado...e
Phenolic and other tar acid resins.••••«•••••«.••••••.do.•••
Urea and me 1amine resins•••••••••••••••••••••••••••.••do....

FOODSTUFFS


r/ Revised. 2./ Pre I iminary.
72884


998.1
52.3
1,000.2
193.4

1,804.4
839.0
57.8
907.7
165.2

MONTHLY BUSINESS STATISTICS — Continued

4
'

——

——

5957

5TEM

March

1958
Apr 15

1

January

February

Apri 1

March

METALS AND MANUFACTURES
short tons.,

7,246

6,870

4,854

4,064

4,464

3,827

26.85
22.00
57.80
50.80
2.7
265.5
238.2
1,026.5
434.0

28.30
23.75
48.05
43.15
2.7
225.6
263.5
876.9
370.4

r36.!5
r29.80
r54„15
r48.50
2.7
295.4
278.9
931.3
416.9

p28.25
p20.65
P5I.20
p44.40
p2.6
247.3
218.6
p654.1
p3l5.4

Machine fools (metal-cutting and metainforming):
li 1. of do5..

.thousands..
......do....
Television sets (inc8. combination), production 2i ......do....

72.75
64.60
115.60
103.35
5.2
312.7
286.2
5,609.1
559.8

64.30
57.45
f10.65
97.00 !

4.8 J
281.6 1
230.7
5,5 15.8
365.2

PAPER AND PRINTING
Newsprint, Canada Cincluding Newfound Sand):

Newsprint, United States:
Consumption by publishers.

short tons..
do....
do....

574.2
526.5
200.8

554.8
538.4
257.3

498.3
474.8
155.9

473.8
435.2
194.6

521.8
471.1
245.2

522.6
532.7
235.1

•••••••••••••••• ......QO....
do....
do....

463.3
164.4
561.2

442.3
562.4
162.6

385.9
157.0
158.8

364.7
140.4
138.7

434.4
148.4
555.0

423.3
148.6
149.2

do....

11.2
580.2
107.8

11.0 !
592.6 j
500.9

17.6
602.0
108.5

19.3
612.2
107.5

56.7
590.7
99.1

16.0
588.4
506.5

Stocks, end of month;

In transit to pub Ushers........•••••••........ . . . . . Q O . . . ®
TEXTILE PRODUCTS
Cotton; 3/

690,310

809,727

799,800

639,635

632,022

729,546

19,990
18,457
9,396
470
8,731

r59,888
18,365
r11,299
r452
50,465

59,606
17,950
11,045
442
10,199

19,615
17,945
8,843
442
8,565

19,367
17,682
8,643
432
7,984

19,208
87,602
10,221
409
9,451

Railroad and private-line shops, domestic*. I . . a . . . Q O . . . .

9,774
5,613
5,613
4,165

9,016
5,253
5,253
3,763

7,371
4,988
4,836
2,383

5,511
3,721
3,526
1,790

6,072
4,592
4,426
1,480

5,311
3,778
3,630
1,533

do....
.......do....
do....
Railroad and private-line shops, domestic..*»......do....

3,199
817
817
2,382

6,453
6,404
6,404
49

401
375
375
26

287
208
208
79

202
201
201
1

278

......do....
do....
do....
Railroad and private-line shops, domestic..,»..•«..oo..•«

108,990
48,337
47,055
60,653

49,370
59,797
59,214
29,573

44,138
16,276
55,888
27,862

38,249
11,854
11,632
26,395

32,982
8,232
8,158
24,750

Manufactures :
Spindle activity (cotton system spindles):
Spindie hours operated, all fibers, total..,,mi1. of hre.
,.
do....
do....
TRANSPORTATION EQUIPMENT
Railway equipment, American Railway Car Institute
Freight cars:
••....do....
do....

106,472
49,540
48,258
56,932 1

178
178
100

rj Revised. ]>/ Preliminary. ±/ Data exclude sales of combination washer-dryer units; sa!es of such types totaled 11,800 units in April
1958. 2/ Data for March 1957 and March 1958 cover 5 weeks; other months, 4 weeks. 3/ Data for April 1957 and January and April 1958 cover
5 weeks; other months, 4 weeks.
USCOMM-DC-12884

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




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