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May 31, 1957 BUSINESS °F 9US/NESS STATISTICS l<-°* 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 INDEX, 1 9 4 7 - 4 9 = 1 0 0 INDEX, 1 9 4 7 - 4 9 ^100 250 250 ELECTRIC POWER Monthly PRODUCTION Weekly 1957 (seasonally adjusted) 225 225 i 1956^ 200 200 S75 175 150 Li i < i IJLLX.JLJ^ 1954 I i I I I i ! i I I I I ) I I I I I I I I L I I I I I 1956 1955 II I _L I I I 1. J F M A M J 1957 W J A THOUSANDS S50 SOND THOUSANDS 1,200 250 PASSENGER CAR A M D TRUCK Monthly PRODUCTION (United States plants) 1,000 200 1957 800 h 150 600 100 400 200 ,1 w I I I I 1 I I I I I 1954 INDEX, 1 9 4 7 - 4 9 = I I I I I I I I I I I I I I I I I ±I I I I I I 1 I 1 1956 1955 100 I I I I I i I S957 INDEX I25| 8 J i i l l l i JFMAfVtJ J i l l I I 0 A S O N D J 9 4 7 - 4 9 S |00 S20 CONSUMER PRICES COTTON CONSUMPTION (daily average; seas, adj.) 110 120 All Items too 115 90 UOh l^H, Food 105 }J4 i i i » I i i t i i It 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 i i i 1954 1955 1956 1957 80 I 1 i i i i i I i i i i i 1 i i i i i I i i i i i I i i i i i 1 i i i 11 h i i i i 1954 1955 1956 1957 WEEKLY BUSINESS STATISTICS1 2 1956 1957 ITEM May 26 May 19 May 4 May 18 May if May 25 Commodity prices, wholesale: 90.8 *II4.4 *90.9 * 102.4 *I2I.7 90.4 122 117 132 1,334 1,257 1,263 1,188 1,513 1,410 1,455 1,356 30,359 25,298 18,710 30,317 25,310 18,809 30,499 25,093 19,000 30,589 25,177 18,984 469 534 406 54,999 21,638 85,24« 27,082 28,203 8,471 55,444 21,687 85,115 26,877 28,093 8,494 279 3.45 46.05 49.05 **e*88*.2 M7.2 90.2 104.4 125.4 88.2 H7.2 89.7 105.0 125.3 87.6 117.1 89.6 105.3 125.2 88.3 120 133 ®ee.«««oe ..*...«.. ......... F i nance : Federal Reserve bank credit outstanding, total .3/,...do..,. 1 30,654 25,031 18,845 30,645 25,070 18,818 497 450 492 56,213 23,148 87,129 26,034 31,450 8,679 55,273 23,213 86,087 25,552 31,338 8,665 55,057 23,276 85,905 25,22! 31,569 8,699 273 3.46 45.02 47.84 297 3.99 46.02 49.19 267 4.01 46,31 49.51 264 4.02 46.83 50.17 1,608 10,875 126,665 7,071 1,657 i0,927 129,804 7,071 1,595 11,286 143,848 7,529 1,614 11,311 149,122 7,434 1,607 IS,519 150,528 7,511 2,345 #95.3 779 383 2,396 #97.3 788 385 2,226 87,0 719 351 2,220 86,7 723 352 2,155 84.2 723 350 Federal Reserve reporting member banks in leading cities:^/ Time deposits, except U , S. Government ... a .do.... Commercial, industrial, and agr. loans (gross)...do.... Bond yields, domestic corporate (Moody's) 3/......percent.. Stock prices, 500 stocks (Stand, & Poor's) 4 / o s 1941-43^10^ o e....... ......,»» ...see... eeee.e.oe ««.«a.999 309 4.03 4 7 . S4 50.53 Product i on: 150,945 2,212 86,4 J/ Data do not always cover calendar weeks. 2/ Tuesday prices. 5/ Daily average. 4 / Wednesday data; S&P's index on revised basis. .5/ Week beginning May 2 7 , 1957: Production, 2,246 thous. short tons; operating rate, 87.8 percent. *Monthly index for May 1956. #Not comparable with 1957 rates, which are based on higher capacity. MONTHLY BUSINESS STATISTICS 1957 1956 ITEM March COMMODITY PRICES Consumer price index: All i terns 1947-49= 100.. Apr i I January February March Apr i S 114.7 104.8 109.0 106.9 114.8 92.8 IS4.9 104.8 109.6 106.4 U6.7 94.0 118.2 106.4 112.8 II 1.2 U6.9 99.0 118.7 106.1 113.6 III.! 116.5 101.4 118.9 106.8 113.2 110.7 116.1 100.6 1/119.3 106.5 113.8 110.5 118.7 102.0 120.7 III.7 103.1 131.6 131.4 120.8 ill.8 102.7 131.7 131.6 123.8 112.3 104.0 134.2 135.3 124.5 112.4 105.0 134.2 135.5 124.9 112.4 104.9 134.4 136.4 125*2 II2.4 105.1 134.5 136.9 119.2 107.7 126.7 116.8 170.8 121.2 119.5 108.2 126.4 I 116.5 170.8 121.4 122. I 109.9 133.6 123.8 174.9 123.8 122,6 110.0 134.4 124.5 175.8 124.0 122.9 110.5 135.1 125.2 175.8 124.2 123.3 II 1.8 135.5 125.5 176.8 124.2 88.7 87.2 91.7 88.0 87#0 91.2 85.5 84.6 88.7 85.5 84.2 88.0 85.5 84.1 88.3 2/85.3 2/83.8 2/87.9 272.4 268.7 271.6 274.1 270.3 273.4 282.7 278.3 277.9 283.1 278.5 278.3 283.5 278.8 278.4 284.3 279.1 278.9 280.4 278,4 269.9 282.3 280.0 271.5 291.3 290.3 277.4 291.8 29 Ie3 278.1 292.4 29l 8 6 278.2 293.5 292.3 278.7 Purchasing power of the dollar as measured b y — CONSTRUCTION AND REAL ESTATE Construction cost index (E. H. Boeckh and Associates): Average, 20 cities: Apartments, hotels, and office buildings: Brick and concrete U. S. avg. 1926-29=100.. Commercial and factory buildings: Brick and Steel 8 o«oo«eeee«oo«8»e«»««»««e»»»««»««edOe B 9e ±/ Index based on 1935-39=100 is I99,5; 2/ Indexes based on 1935-30=100 *re »s follows? Measured b y — wholesale prices, consumer prices, 50.1; retail food, 43.5. .6; MONTHLY BUSINESS STATISTICS — Continued 1956 1957 ITEM Apri 1 March CONSTRUCTION AND REAL ESTATE - Continued Construction cost index (E. H. Boeckh and Assoc.) - Cont. Commercial and factory buildings - Continued Frame..........................U. S e avg. 1926-29=100.* bT © e l o . e e . e e e . e e i o e . . . . « « • « • « . • « • « » • « « . . • « . » • • « • » © 0 O * . . . January February March Apri 1 271.4 263.3 273.6 264.6 275.4 276.8 275.3 278.4 275.4 278.7 275.9 279.1 272.1 266.2 273.8 268.2 278.3 270.7 278.6 270.8 278.7 270.9 279.3 271.3 12,499 11,313 5,562 4,082 5,279 4,809 7,486 6,188 12,145 10,737 6,142 4,256 Residences! Oi ! C K . . e e s » s s e s « s •» e & e e » e s « e » si . e • 0 e « * » , • e « e e v . « » • « u O • . . « rrame....•« ® e^. ©... ®«. .«$.»» $>».«<»«««. ..«•...•. /•»GO» .,. FINANCE Federal Government finances Receipts, tota 1 •••••••.••••.. •.••...<> •«•»•••. .mi 1. of dolG. r\@C@ f p T 9 , n @ T . . . . o «.«•«..«, a . . . • . . • . . . . « . « . « « . « « . . « Q O ... . 59 59 64 53 66 65 Income and employment taxesa,,,,,^^,,,,,*,,, .do.... Miscellaneous internal revenue.,..........«,„....».,do.... All other receipts.. •••••••••••••••••••• do.... 11,344 4,461 3,903 6,313 978 10,887 1,063 4,799 1,008 129 270 EXpendItUr@S.o.«aee«a.e.ee!i>ee0e«.9e.......»•.«<»..«»« »uO«... 5,399 963 133 Interest on public debt.............;............'..do.... All other expenditures.•••••'•••• •••••••••;..........do.... Life insurance written (new paid-for insurance); Group and wholesale.........•••••••.•..••.••••••••••do.... I nflUSTr I S I e « a e s s © £ * e © « e o 9 s s e e s s e o « 3 S 3 s ® ' 3 e s s * s * « c s 6 o Q O e e a e CHEMICALS'AND ALLIED PRODUCTS Organic chemicals, productions Acetic acid (synthetic and natural)..........thous. of lb.. Acetic anhydride«• ••••••«••••••••••••••••••••••'•••••• do,• • • Acetyl sal icy lie acid (aspirin),..••••••••••••••••••••do.... 894 147 3.33 963 157 5,387 6,095 5,743 559 565 651 585 601 604 4,840 4,823 5,444 5,158 4,983 5,383 4,589 S,025 4,188 4,269 682 464 4,898 5,242 5,524 1,118 5,753 1,469 571 847 512 495 549 536 2,993 2,829 3,123 3,161 3,857 3,748 41,851 79,150 1,728 1/50,166 45,006 71,802 1,412 1/9,162 53,628 85,428 1,491 7,978 41,227 74,946 1,512 8,955 41,136 76,985 1,208 9,796 11,083 6,791 81,632 121,906 10,967 6,820 80,315 112,692 10,878 8,748 93,089 109,149 9,311 5,702 82,526 105,976 11,522 6,371 89,577 111,620 189 20,703 29,625 204 19,078 28,27! 171 20,503 25,561 166 18,144 27,242 197 18,771 27,080 24,593 23,023 26,708 21,444 30,277 16,787 24,480 18,177 26,621 27,178 27,222 20,235 31,511 33,716 38,967 31,114 34,031 34,459 38 497 16 387 43 492 1,176 25 400 5,584 5,987 Methano1: Phthalic anhydride. ..•••••••••• Vegetable oils, oilseeds, and byproducts: Copra: thous. of lb.. Coconut or copra oil: Cottonseed: 895 523 114 613 1,624 801 10 278 533 229,954 250,690 179,398 258,381 293,321 194,737 238,857 228,210 192,415 263,956 135,735 279,436 170,524 136,275 207,691 170,419 139,383 99,742 63,428 43,243 46,864 45,657 52,970 31,106 25,365 67,366 25,259 57,931 28,420 65,517 26,622 56,332 28,909 44,232 26,899 31,967 281,442 280,688 305,156 287,218 313,006 293,635 3,491 7,456 377 525 41,373 43,507 23,097 67,096 34,948 10,848 7,265 52,394 14,829 3,292 7,187 429 375 37,064 46,097 22,556 64,005 29,980 10,517 7,187 49,800 13,080 4,253 8,095 379 500 39,816 51,041 25,910 70,419 32,021 9,951 8,618 56,587 15,428 2,199.0 1,111.7 64.8 1,022.6 196.4 1,843.3 902.5 53.9 886.9 172.8 1,932.0 918.1 49.5 964.4 190.8 Cottonseed cake and mea1: Cottonseed oil: Linseed oi1, raw: Soybeans: Soybean oil: Production, crude a * s s s s s e * s e s ., s e 5 3 S 6 s e e * s *thous* of lb.. Synthetic plastics and resin materials, production: Cellulose acetate and mixed ester plastics: 4,296 8,007 501 585 43,935 43,272 25,161 66,675 33,482 S1,468 5 986 40,567 13,829 Molding and extrusion materials •••••••••••••do,.,. Nitrocellulose sheets, rods, and tubes..,..«..«.•,...do..•• Urea and me 1 amine res ins,.,..,«..,..©........,.,...,.do.,.. 3,606 7,376 513 429 | 42,807 48,812 23,360 1 65,487 31,566 11,819 5,855 42,205 t 13,902 FOODSTUFFS ! ±/ 2,127.6 958.9 59.3 1,109.4 224.1 Incomplete; comparable amount for February 1956 is 8,047,000 gallons. 1,930.S 945.0 53.8 931.3 182.8 1,866.0 906.1 50.6 909.2 182.1 MONTHLY BUSINESS STATISTICS —Continued 4 1956 I TEN METALS AND MANUFACTURES Steel, forgings (for sales)! Orders, unfilled, total..............tbous. of short tons.. SolpKSenTSj. T O T ^ S o © ® ©@ © ® a « « . © » © © o ® © ® « e 9 «««©®©©6®©©«®o© ®dO©S5>© , Drop and upset....... .•...••..•••,„«, 00«>e..«..«...o«d o...» Pig Iron* production. @ .... @eeeae<s . 9 . ft€)Sse ... e0ese , (< , s#de d©.... Barrels ®nd drums, steel, heavy types (for sale): 5 o Jpm@81TS© . . . . . . e . . . © . , . . . . . . . . . . . . ® . . . . . . . . . . ® . . © . . edO«, ©© . Stocks, end of month......................••••....••,do.... Machine tools (metal-cutting)} New orders (net), total•••••••••••• •••••••••••ml 1. of d©f e9 UOfneST § C . a ® © ® ® © . © ® . . © . . . . . , ® © . © . . © , © . © © . © . . . . . . © . ® «uO« e © » 5nlpmenxs, Tota1..••«..«•.,«•.••••..••.«.........••«• do©.»© U O m @ S T 1G. ...©•©a®®©@.,a©©,B@®«ee©a®s.®9®a,e©@.a,<2,.0<B. « s U O g s e . Estimated back 1 og..................................months*• Vacuum cleaners, standard type, sales bi1 led.•••••thousands.• Washers, .domestic, sales bi1 led J/.....................do.... 1957 February January April March March Aprl 1 577.7 158.9 122*2 7,149 569*4 S50.0 114.8 6,925 536,9 147.7 113.0 7,282 532.9 135.0 102.2 6,658 517,0 145.8 107.9 7,247 2,278 2,251 2,322 2,294 2,308 1,907 2,152 1,803 2,198 1,911 6! 59 69 64 62 79.30 74.00 71.80 65.00 63.25 56.30 76.55 67.55 58.20 51. SO 77.70 72.05 r58.90 r5!.30 r89.10 T78.80 89.50 80.05 74.15 67.85 8.6 , 395,7 405.7 .....a,-.,. «©«@6©.@©® 6,871 .......... & © © @ © ® .. © © © Q © ....... 8.4 6.0 5.8 5.5 352.9 324.2 276*7 331.3 300 e 9 319.6 312.7 286.2 P5I.30 p45.65 p88.10 p77.9© p5.0 281.6 230.7 49,953 109,974 47,369 109,822 52,631 101,758 46,427 100,253 r48,263 r97,820 45,072 102,802 94,389 77,715 150,995 91,602 74,479 155,410 94,277 85,490 193,724 83,235 77,260 184,808 93,916 r8l s 650 r181,813; 82,340 76,121 173,920 11,790 12,010 11,938 10,642 11,657 10,022 11,057 9,710 12,617 11,199 11,695 IS,02S 1,020 1,014 948 892 1,100 1,091 2,826 1,656 2,781 2,997 2,843 3,049 2,963 484 577 963 515 508 799 889 961 911 1,061 2,79! 1,190 2,899 1,024 1,060 2,810 1,076 RUBBER AND RUBBER PRODUCTS Natural rubbers Consumptions....»•»•..••••»••........oeo........ long t©nse© S T O C K S , end of roonTn©©.©.©a®.®©©®®©®..®.®®®©.©®.®.©.©do®.«. Synthetic rubbers rTOOUGT1OH®......a...............«•««•.•,.............u©.. © » t»©nSUmpT8 O R © a © . . . . . . . © © . . . . . . © . © © . . . . . . . . . © ® ® . © . . © . . ® O Q ® a aa Stocks, end of month,. .................................do... • STONE, CLAY, AND GLASS PRODUCTS Glass containers? Production........................... thous. of gross.. Shipments, domestic, total..•..•••••••.•••.••••••..••do.... General-use foodi NOrrOW** M O C K T O O O © OOOO©GO©OO©OOO€POffl<3SeS0O©OOOGOOO gUOg ©© © Wide-mouth food (IncS• packersf tumbSers, jeIIy D 6 V e r a g e . . . . . . . . . . . . . . . a. . . . . . . . . . . . . . . . . . . . ...... eOOc e o e D e e r D O I T I e S , . . . . . . . . . . © © . . © e a o o e . e e © . © ® . © ® © . © . ® © © »uOgo s s Liquor and wine...••••••••••••••••••....•••...,....do.... Medicinal and toilet,. e ,> 9 ,, M , 3 . 9at , a)ll!l , ll , 9 , g<l ,,,do ( ... Chemical, household and industrial.................do.... Dairy products.«. 9 .. e .ae®. e .e».». eeeoe8S90 «e..•.«>««• do.•.. Stocks, end of month...... ••••.••...............do.... 940 1,340 2,997 1,028 808 984 1,21$ 2,673 2,902 203 978 188 967 184 942 158 159 149 14,673 15,705 14,976 16,107 17,318 17,793 916,176 722,551 840,567 684,366 690,627 807,979 20,888 19,350 12,563 r20,838 19,290 r9,995 20,231 18,725 11,599 20,161 18,639 9,411 19,985 S8,457 9,400 19,929 18,365 98,281 TEXTILE PRODUCTS Cottons 2/ Manufactures; Spindle activity (cotton system spindles)§ Active spindles, last working day, total....thousands.s Spindle hours operated, all fibers, total..mil. of hr. e Consuming 800 percent cotton.......... do.. aa 503 500 464 471 437 451 11,740 9,324 10,790 8,749 8,73! 10,468 •£/ Revised. j>/ P r e l i m i n a r y . ±f Figures beginning January 1957 exclude sales of comb Ination washer-dryer u n i t s (Included In edrffer d a t a ) ; data) 1 sales of such types t o t a l e d 73,000 u n i t s in the f i r s t four months of 1957. 2 / Data for March 8956 and January and A p r i l S957 cover 5 weeks; other months, 4 weeks, """ UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. 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