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November 27,1959

BUSINESS

STATISTICS

^BUSS^P^

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, 1947-49 = 100

275

275

Monthly

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

250

h

225

£25

200

I 7 5 Lj_LJ__L._L.J_L_L_LJL
1956

I

I

I

I

I

I

I

I

I

I

I

I

I

l

.1 .1 -1 I

L

1957

I

I I

I I

1958

I

I

I I

I

I

i

1959

Thousands

Thousands

250

1,000 |
Weekly

Monthly

MOTOR VEHICLE PRODUCTION
(cars, trucks, coaches; U. 5. plants)

800

200
1959

600

'-H I 5 0

1 l\ \
400

H i oo

200
1

J—L.

I I I I I 1 I I I I I 1 I I

i

I

i i

1957

1956

i

i i

I i

i

i

i

i

I i

i

i

1958

Billion Dollars
5
NEW CONSTRUCTION ACTIVITY

I

l

I

l

i

i

L A

\N J
H 50

1

If

I I

1958

*

\

1 1 1 1 1 1 1 1 1 1 1 1
J F M A M J J A S O N D

1959
Index, 1 9 4 7 - 4 9 = 100
120

FREIGHT CARLOADINGS*

(seasonal!/ adjusted)

1 10

(seasonally adjusted)
H

Total

J

too
Private

Residential

(nonfarm)

-^

90

Jk

1

80
* Average per working day

LLLL I 1 I I I I L i
1956




i i i i 1 i I I I I I I I I i i I i I I I i I I i I I i i t i i i i

1957

1958

1959

7 0 •U 1 1 1 1 1 111 1 1 1 1 1 1 JJ-LLJ
1 1 1 1W1i LL
lli

1956

1957

1958

1

A

i 11 i i 1 r r i i il
1959

WEEKLY BUSINESS STATISTICS1

2

1958

1959

ITEM
Nov. 15

Nov. 22

Oct. 31

Nov. 7

Nov. 14

Nov. 21

Commodity prices, wholesale:

State programs (incl. Alaska and Hawaii)

do....

Finance:
Currency in circulation 4/
mil. of dol..
Federal Reserve bank credit outstanding, total 47
do....

**88.3
157
1,959
1,750
274

*II9.2
*92. 1
*I09.5
*I26.8
87.8 .
169
1,942
1,733
260

31,660
27,100
18,510
619

86.9
145
1,615
1,444
273

119.2
86.4
106.0
128.6
**86.6
155
1,700
1,528
265

285

287

31,754
? 7 ,087
18,340
440

31,873
28,353
18,568
289

31,920
28,443
18,711
378

32, 105
28,651
18,724
495

32,235
28,758
18,647
430

6!,!70
30,012
#101,662
34,017

61,169
29,886
#101,743
34,004

i1,288

11,336

61,239
30,532
103,388
28,194
29,5!6
12,527

60,615
30,489
103,879
28,056
29,687
12,506

60,837
30,299
103,416
27,693
29,727
!2,540

4.41
53.05
56.74

4.39
53..20
56.84

4.85
57.46
61.62

4.86
57.26
61.47

4.85
57.49
61.72

1,510
12,378
141,474
6,968

1,530
12,579
163,961
6,975

1,323
12,978
118,053
6,887

1,279
13,019
76,248
6,899

1,541
13,270
77,288
6,876

37i
.3.1
588
306

368
13.0
561
287

1,291
45.6
638
309

1 19.2
86.4
105.7
128.7
86.1
167

1 18.9
85.0
104.9
128.6
85.2

Reporting member banks (of F.R.System) in leading cities:!?/

Loans and investments (adjusted), total

do....

Stock prices, 500 stocks (Stand. & Poor's) 5/...

!94I-43H0..

4.86
56.99
61.22

Production:

2,011
##74.5
645
327

2,000
##74.1 1
619
320

78,272
2,233
78.9

\_l Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Includes data for Alaska and Hawaii, and for the following programs:
State; R.R.; Federal employees; veterans; and ex-servicemen. ±/ Dally average. J?/ Wednesday data; leaders indicatt data not available.
6/ Week beginning November 2 3 , 1959: Production, 2,495 thous. short tons; operating rate, 88.1 percent. * Monthly index for November 1958.
* * Wednesday price. # Not strictly comparable with data for 1959. # # Based on January I, 1958, annual capacity (140,742,570 t o n s ) ; not
comparable with 1959 rates which are based on January I, 1959, annual capacity (147,633,670 tons).

MONTHLY BUSINESS STATISTICS
1959

1958
ITEM
September
GENERAL BUSINESS

October

July

August

September

October

INDICATORS

Industrial and commercial failures:
Fa i I ures, tota I
Commercia I service
Construct ion
Manufacturing and mining
Retai I trade
Who Iesa I e trade

number,

,

Liabilities (current), total
Commer c i a I ser vice
Construct i on
Manufacturing and mining
Retai I trade
Wholesale trade

1,039

1,271

1,071

1,135

1,144

1,125

do..,
do..
do..,
do..,
do..

87
163
187
506
96

99
176
215
657
124

100
137
203
518
113

122
181
187
542
103

93
191
192
563
105

102
164
221
532
106

thous. of dol,

48,103

47,268

51,197

54,501

54,736

50,375

do..,
do. •
do..
do..
do..

2,046
7,841
18,167
14,112
5,937

5,306
6,771
12,141
16,103
6,947

3,147
11,328
14,592
17,052
5,078

3,160
12,061
18,559
15,362
5,359

3,077
12,595
15,974
16,098
6,992

3,891
7,13!
20,980
13,050
5,323

mil. of dol
do..
do. •
do..
do..

4,745
3,157
1,746
1,411
1,588

4,760
3,176
1,788
1,388
1,584

5,243
3,633
2,151
1,482
1,610

r5,266
r3,658
r2,l55
1,503
r1,608

r5,022
r3,537
r2,!0l
1,436
rl,485

4,791
3,412
2,022
1,390
1,379

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

4,105
2,821
1,535
1,286
1,284

4,198
2,872
1,590
1,282
1,326

4,658
3,288
1,924
1,364
1,370

r4,567
r3,26l
r1,894
1,367
r1,306

r4,366
r3,165
r1,852
1,313
r 1,201

4,237
3,085
1,798
1,287
1,152

195,205
70,887
40,520

212,894
79,620
43,594

235,645
89,600
48,422

208,131
75,233
43,265

215,938
81,067
43,259

230,248
89,519
46,083

CONSTRUCTION AND REAL ESTATE
New construction (unadjusted), total
Pr i vate, tota I
Res i dent i a I (nonf arm)
Other
Public, total
New construction (seasonally adjusted), total
Pr»i vate, tota I
Res i dent i a I (nonf arm)
Other
Pub I i c, tota I
FI NANCE
Bank debits, total (344 centers)
New York City
6 other centers
r_/ Revised.

Digitized for 9146
FRASER


mil. of dol
do..
«
do..

MONTHLY BUSINESS STATISTICS — Continued

3
1959

1958
ITEM

September

October

July

August

September

October

FINANCE - Continued
Federal Government finance:
of dol..
..do....
..do....
..do....
..do....
..do....
..do....

8,119
7,208
75
3,909
2,267
549
1,320

3,446
2,769
82
1,387
374
386
1,217

3,936
3,246
94
1,603
568
332
1,339

7,418
5,679
87
4,346
368
1,321
1,296

9,552
8,486
99
4,100
3,311
704
1,338

3,626
3,023
90
1,468
491
278
1,299

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

6,633
578
6,056

7,144
600
6,544

6,557
728
5,829

6,305
724
5,581

6,357
718
5,639

6,868
732
6,136

of dol..
..do....
..do....
..do....
..do....
..do....

577.8
233.1
57.4
10. 1
47.9
119.0
110.3

594.0
244.4
60.4
9.9
53.9
120.2
105.2

586.9
247.1
47.4
9.9
54.6
124.7
103.2

567.8
245.2
44.2
9.3
52.3
112.5
!04s3

604.5
259.5
46.3
9.4
53.4
121.1
114.8

0 bond..
..do

98.9
100.6

98.6
100.9

93.8
99.4

94.3
100.6

93.0
98.3

92.8
100.1

4.58

4.64

4.75

4.70

4.80

4.8!

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

48.96
52.40
51.34
38.90
37.97
29.51

50.95
54.55
53.60
40.65
39.15
31.23

59.74
64.23
67.82
49.82
44.77
36.86

59.40
63.74
66.73
49.11
45.15
35.56

57.05
61.21
64.16
48.15
43.59
33.78

57.00
61.04
64.25
48.22
44.11
34.32

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

22.54
43.98
28.54

23.28
45.25
29.49

26.98
53.00
33.28

27.25
53.46
33.57

26.72
53.02
31.56

26.31
53.81
30.60

of lb.,
•.do....
..do....
of gal.,
of lb..

53,644
90,452
1,456
8,520
12,291

54,087
89,683
1,990
11,152
12,745

58,546
92,679 |
1,012 i
6,660
12,809

58,971
93,860
1,361
5,587
12,717

61,095
90,649 !
1,262
6,236
13,328

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

9,654
89,410
134,494

8,681
99,042
148,011

7,248
91,956
126,515

7,923
96,410
148,129

7,935
96,623
155,724

149
20,151
25,300

135
21,698
27,570

192
22,265
32,731

179
22,699
30,970

164
22,591
27,091

170,431
336,078

210,373
323,380

169,247
284,881

r 178,153
r293,775

198,022
281,357

3,947
8,215
223
39,900

3,717
10,035
271
46,205

4,437
8,012
250
39,952

4,086
8,690
238
r46,522

4,187
8,877
247
49,988

55,257
28,302
82,133

58,823
30,108
88,551

65,723
23,470
94,272

69,210
r28,368
98,766

75,829
31,051
98,924

30,375
10,665
8,730
75,252

32,558
11,327
12,433
79,309

30,587
10,706
11,686
100,477

32,200
11,428
r11,394
103,097

33,167
12,419
1 «,053
104,616

of lb..

125,914
105,497

168,809
57,019

127,557
74,501

48,000
42,687

29,510
37,521 j

185,610
75,389

...do....

28,329

73,452

55,578

45,664

26,875

28,329

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

16,111
6,095
6,894
3,122

17,724
6,495
7,748
3,481

14,094
6,065 1
5,896 !
2,133 !

14,702
5,484
6,255
2,963

15,397
5,689
6,600
3,108

Payments to policyholders and beneficiaries, estimated

Security markets (Standard and Poor's Corporation):
Bonds:
Prices:
Industrial, utility, and railroad (AI+ issues):

Stocks:
Dividend yields, pref. stocks, 14 high-grade
percent..
Pr i ces:
Indust., public util., R.R., (500 stocks)...1941-43=10..

Banks:
Outside N. Y. City (17 stocks)
CHEMICALS AND ALLIED PRODUCTS
Organic chemicals, production:

Ethyl acetate (85#)

Formaldehyde {31% HCHO)
Methano1:
Natura 1 (!00#)
thous. of ga1..
..do....
Synthetic ( 100^)
Phtha1ic anhydride,..........••••••••••••••••.thous, of lb..
Superphosphate and other phosphatic fertilizers ( I00# A.P.A.)
•t tons..
..do....
Synthetic plastics and resin materials, production:
Cellulose acetate and mixed ester plastics:
of lb..
...do....
...do....
Phenolic and other tar acid resins................. ...do....
...do....
...do....
A Ikyd resins. •••..•••.•••

•••..

...do...,
...do...,
...do...,

FOOD AND KINDRED PRODUCTS; TOBACCO
Rice, California:
Stocks, rough and cleaned (cleaned basis), end
Tobacco, manufactured products:

r_/ Revised.

Digitized for 9146
FRASER


MONTHLY BUSINESS STATISTICS — Continued

4

1959

1958
ITEM
September

October

August

July

September

October

FOOD AND KINDRED PRODUCTS; TOBACCO - Continued
Tobacco, manufactured products - Continued
Consumption (withdrawals):
Cigarettes, small:
Tax-free
,
.
..
mi 11 ions.,
Tax-paid
.
. .do....
C i gar s, tax-pa id
,
thousands..
Manufactured tobacco and snuff, tax-paid...thous. of lb.,

2,995
38,076
r546,709
15,670

3,291
40,895
591,711
17,240

3,514
39,908
514,704
13,148

3,003
40,926
r529,159
14,503

3,470
39,165
552,707
14,788

917
57
85

993
61
95

943
69
107

r744
r65
r98

p76
plOO

287.9
89.4
70.0

302.9
99.7
77.1

376.5
102.9

r376.2
r97.9
r77.5

373.8
103.4
80.0

1,707
2,134
299.6
423.1

1,613
1,905
339.1
404.1

1,974
2,026
221.2
318.1

1,934
1,684
268.5
359.8

1,907
1,576
305.1
394.1

330.9
374.1

490.8
495.3
223.3

544.1
555.1
212.3

535.8
547.0
224.9

541.5
531.1
235.2

532.8
560.6
207.5

593.2
602.6
198.2

137.2
139.7
22.6
413.0
697.2

154.8
158.7
18.6
470.0
655.3

149.2
156.5
21.7
400. I
625.8

173.8
167.7
27.8
423.0
642.8

149.2
155.6
21.3
449.0
660.4

177.3
179.5
19.2
492.4
646.2

650

r839

650

712

863

732

19,244
17,641
8,941
447

r19,324
17,650
rI 1,517
r46l
10,496

19,166
17,501
8,817
441
8,020

19,258
17,613
9,715
486
8,817

19,292
17,652
11,930
477
10,946

19,273
17,648
9,970
499
9,118

57.4
30.9
104.3
59.2
45.1

65.0
29.6
91.3
46.2
45.1

63.1
30.7
96.3
44.5
51.8

63.0
29.1
102.4
47.7
54.7

59.8
27.9
104.3
48.4
55.9

METALS AND MANUFACTURES
Castings, shipments:
Gray iron
thous. of short tons.,
Mai leab le iron...
..
........
..do...,
Stee I
do....
Steel forgings (for sale):
Orders, unfilled, end of month
.....do....
Shipments, totaI
do....
Drop and upset..
..do....
Barrels and drums, steel, heavy types (for sale):
Orders, unfilled, end of month
,
.....thousands..
Shipments
...do....
Vacuum cleaners, standard type, sales billed
do....
Washers, sales billed (domestic and export) ±/
do....
PAPER AND PRINTING
Newsprint, Canada (including Newfoundland):.
Production.......
........thous. of short tons..
Shipments from mills
........do.,..
Stocks at mills, end of month...
....do....
Newsprint, United States:
Production
do....
Shipments from mi I Is
do....
Stocks at mi I Is, end of month
.....do....
Consumption by publishers.
..do....
Stocks at and in transit to publishers, end of month.do....
TEXTILE PRODUCTS
Cotton: 2 /
Consumption....
.thous. of ba les..
Manufactures:
Spindle activity (cotton system spindles):
Active spindles, last working day.....
thousands..
Consuming 100 percent cotton...................do....
Spindle hours operated, all fibers, total....mi I I ions..
Average per working day...........
....do....
Consuming 100 percent cotton.....
.do....
Rayon and acetate:
Production:
Filament yarn
..........mil. of lb..
Staple, incl. tow (rayon)
...do....
Stocks, producers', end of month, total
...do....
F i I ament yar n
do....
Staple, incl. tow (rayon)
do....

8, 190

56.4
28.1
108.9
60.6
48.3

r_/ R e v i s e d . £ / P r e l i m i n a r y .
J / Excludes sales of combination w a s h e r - d r y e r s ; i n October
2/ D a t a f o r O c t o b e r 1958 and September 1959 c o v e r 5 weeks; o t h e r m o n t h s , 4 weeks.
USC0MM-DC-9I46

PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $300

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
W A S H I N G T O N 25, D. C.
OFFICIAL BUSINESS
FIRST CLASS

WEEKLY SUPPLEMENT

OF CURRENT
Digitized forSURVEY
FRASER


1959, s a l e s o f s u c h t y p e s amounted t o 2 4 , 8 0 0 u n i t s .

BUSINESS