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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

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