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._^MOF:-, November 30? 1956 BUSINESS STATISTICS 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 3 5 - 3 9 = 100 INDEX, 1 9 3 5 - 3 9 = iOO 500 500 Monthly PRICES OF 4 2 0 INDUSTRIAL STOCKS (Wednesday close) 400 400 300 300 7955 200 200 j 100 I j j \_J [_ I 1 i I I I I i I ! 1 8 I 1955 1 I S \ i I I M l 111 J F M A M J 1956 INDEX, 1 9 4 7 - 4 9 = 100 I M hrOQ J A S O N D ' INDEX, 1 9 4 7 - 4 9 = 100 175 17 5 Monthly STEEL PRODUCTION (ingots a n d steel for castings) 150 150 125 H 125 too h 75 L L J I I I I M 1953 I I I 1 I,I i i l 1 l I I I I i i i i I i i i i i 1 i i 1955 1954 i i i I i i ;i | J F M A M J 1956 J A S O N D INDEX, 1 9 4 7 - 4 9 = 100 130 INDEX, 1 9 4 7 - 4 9 = 100 S25 COTTON CONSUMPTION CONSUMER PRICES (daily average; seas, adj.) 120 120 I 15 110 ISO 100 1 0 5 IgJ-J-L«.i.l I i I l I l i M I i I i i M i I n i i i I i I t I I I 1953 1954 S955 l.l i I I L S956 h 90 I I II M I I 1 I M I t 1 I 1 1 I I I I I 1 I I I I I I I 1 I I I 1 1 I I I I I I I 1 1 1 1 1953 S954 1955 1956 ^i £ 3 1 :i;i= ^9:»6 IS55 -- " is U-JA Nov. 19 ' 1 Nov., 10 Nov. 3 Nov. 26 _ Commodity prices, who!©sals: Foods, processed, . * „ . . * . ..*„.,, *.,..,.. • .... ,do* *, • A1 1 other • ••..•..•,•....••...•••.••.-.•••.,....•.•.. do..,. 22 commodi t i es 2 /-•. • .,,,, ,,do,,,. Department store sales • • • do,• •, State programs ...,.,. do.... Finance; Currency in circulation 3/ 8 S 0 B 0 .o ,•••....mil. of do!.. Federai Reserve bank credit outstandinq, tota1 3/,...do.... Member bank reserve balances .V (.9(a oa ,do..,« federal Reserve reporting mefftber banks in seeding cities 'A/ Demand deposits, adjusted.......•...«•••••..mi 1. of do!.. T1 me deposits, except Li. S. Government. .do, • • • Loans and i nvestments (adj usted), tota S......a.•,..do,... U. S. Government ob1iqations,...,,., e ......••.•••do.,.„ Commercial, industrial,, and agr. loans (qross}...do.... Reai-estate loans (gross)•,.......•••.••,••••••.«do,... Failures, industrial and commercial......••........ number.. Bond yields, domestic corporate (Moody's) ,3/. 0,.-..-..percent,. Stock or ices, 480 stocks (St?sndsA Poor's} 4/..1935-39*100., \ndustri a 1 s, 420 stocks ••.•••••••.••••..,.•,.do,..• Production: Bituminous coal 3/••.•••.,,••••••,...thous, of short tons,. Electric Dower, by uti1ities.....••....••••mi 1, of kw.-hr r . Passenger cars and trucks (Ward's).•,,..,,.•••••...number,. Petroleum (crude) and condensate 5/,,«,.....thous. of bbi,« ,,,•«•** *m.2 ..««.-..«<. 88,5 142 917 826 •84. 1 *98.8 *H9.4 88.8 146 1,032 932 30,794 26,272 18,883 581 Nov, 24 Nov c 11 . _ M5.7 87.8 103,3 124.0 92.0 *52 90,6 i24 952 878 1 15.4 87«9 102.6 123.6 **9I.2 137 999 923 .....••* ........ .•••.... .«,,,,<». ........ 30,824 26,2.08 19,036 568 30,793 25,466 IS,8\Q 390 30,963 25,762 19,004 575 31,141 25,954 18,996 609 31,269 26,266 19,311 69! 56,047 21,628 35,781 30,377 25,783 8,143 56,386 21,616 85,369 29 4 96i 25.-833 8,18! 56,069 22,053 83,660 25,961 29,93! 8,857 55,588 21,999 85,602 25,752 30,121 8,857 55,782 21,872 85,567 25.600 30,386 8,868 ••••.••• ........ 214 3,28 327.4 376.8 205 3„30 326. ! 375, I 271 3:86 333,,! 388.9 2(9 3,87 343,9 402.3 240 3.88 xv? « 394.2. 207 3,92 328.5 382,5 1,748 II,149 206,536 6,851 (,813 10,727 i73,943 6,859 1,765 11,487 136,420 6,981 1,713 11,522 153,277 7,050 i, 797 11,589 157,15! 7, 159 •••••••• 2,394 #99.2 766 378 2,416 #100.1 677 34! 2,493 101,3 800 388 2,463 100,1 773 377 2,466 100.2 764 375 , * « » * 9 0 . ..«««».» , , • • • c c • 115,7 87 e 6 103.1 124.0 93.0 ,..•••.. ,.,..••• ....•••• 140,869 2,463 100,1 •' • ±1 Data do not always cover calendar weeks. 2/ Tuesday prices. 5/ Daily average, 4/ Wednesday data, J5/ Week beginning November 26, 1956; Production, 2,469 thous. short tons; operating rate, 100.3 percent,, j6/ Data for 1956 adjusted to revised classification of class t railroads. * Monthly index for November !955n * * Wednesday price. # Not comparable with S956 rates which are based oft higher capacity. MONTHLY BUSINESS STATISTICS 1956 i955 ITEM September GENERAL BUSINESS October September August July October INDICATORS Industrial and commercial failures: „...do.... ...,.do., s . Liabilities (current), t o t a l 8 e e 9 r/ Revised. ±/ Index ,,.-,., •thous, of d o l s o do..,. .do.... do.... ....do.... 822 75 114 168 366 99 919 81 S36 180 437 85 1,018 87 141 165 540 85 1,10! 95 146 195 567 98 932 72 146 140 489 85 I,i58 82 182 198 584 112 33,120 2,666 4,256 10,798 8/253 7, 147 34,777 3,655 8,713 10,407 9,586 2,416 48,689 7,442 7.488 9,005 1i,945 12,809 55,040 4,127 7,507 17,828 14,772 10,806 39,313 2,058 7,840 9,539 15,656 4,220 50,004 3,629 11,145 17,345 12,368 5,517 114.9 104.6 111.6 106.5 110.2 103.5 114.9 104.6 110.8 107,5 108.5 100.9 117.0 S05.3 114.8 108,7 S35.2 99.3 116,8 105.5 153. i 109.2 12.0.7 99.9 IS7.S 106.5 113.1 109.8 1 14.8 I 101.3 1 1/117.7 106.8 113. 1 i 10.7 113.9 100.8 120.4 II 1.2 103.6 130,5 128.2 120.8 I i 1.2 104.4 130.8 128.7 121.8 111.7 102.8 133.2 132,7 122.2 112. 1 102.6 133.2 133,3 122.5 112.2 103,3 S33,4 1 134.0 | 522,8 SS2.0 103.6 133.4 134.1 116.6 106.7 125.3 115.8 166.9 120.6 117,0 | 106.7 126.6 !!7*1 167.1 120.6 120,1 107.7 127.7 117.6 172.7 122.2 120,5 108.4 1 128.6 i!8,7 173,0 122.7 120.8 108,5 132.6 !22#9 173.0 123.0 COMMODITY PRICES ...1947-49-100.. do,... ,..do.... do.... .do.... ••...•.•.•do.... .do.... do.... do.... do.... «,.* ** **,*do,... do.... based on 1935-39=100 is 196.8. 1 ! i 1 | i 120.3 107.9 128.5 1S8.6 172,9 122.1 i MONTHLY BUSIMISS STATISTICS — Continued 1956 1955 ITEM September October July August September October COMMODITY PRICES - Continued Purchasing power of the dollar as measured b y — Wholesale prices................. •••..... 1947-49*100.. Consumes- pr : ces. ••••..••.•••.. « . do.,., Retail food pr ices.......... ...•..•.•« ••»«. ...do. „„. 89.5 87.0 89.5 89.6 87.0 90,3 87.7 85.5 87.1 87.2 85.6 88.4 86.6 85.4 88.4 J./86.6 '1/85.0 1/88.4 57,673 2,035 1,442 6!,i35 1,863 1,475 56,713 2,149 1,605 »l,27l 2,069 1,621 53,757 2,025 1,540 48,669 1,706 1,332 267.8 263.6 265.7 268.5 264.4 266,2 279.6 275.3 276.7 280.2 275.9 277.2 280.8 2/6.7 277.0 281.0 276.9 277.0 275.7 273.3 264.0 265.4 258.5 276.3 273.8 264.6 266.4 259.0 287.8 286.7 "275.2 276.0 272,8 288*2 287.3 275.9 276.2 273.2 288.9 288.6 275.9 275.4 274.9 289.2 288.8 276.0 275.3 275.! 266.3 260.3 266,8 260.8 2.77.2 270.6 277.8 271.0 277,4 270.5 277,4 270.3 33,045 3,620 8,043 6,922 4,134 3,499 38,086 4,936 9,363 7,836 4,326 3,652 37,748 3,766 !0,870 7,706 5,507 3,118 r42,597 r4,594 9,105 6,849 4,701 2.833 39,107 3,450 10,021 8,038 5,249 3,517 58,673 7,515 3,661 3,848 4,845 7,347 71,084 6,193 5,926 3,610 6,24! 9,223 42,386 904 4,226 1,935 4,868 6,893 42,024 4,601 2,736 1,740 4,288 6,077 63,735 7,945 2,478 3,945 5,967 7,256 do.... .do,... do.•.. do.... .do.... do. ... 2,354 3,674 2,493 4,469 836 !,524 3,555 4,901 4,309 5,680 946 1,548 2,568 2,794 1,030 3,665 775 1,149 1,97! 1,522 1,646 3,742 641 1,178 2,611 3,349 2,830 5,792 976 1,275 Bank debits, total (344 centers) ......mil. of do!.. New York City do.... 6 other centers., ..., do.... Federal Government finance: Rece i pts, tota I „... do.... Rece ipts, net .do.... Customs do.... Income and employment taxes,.......................do,... Miscellaneous internal revenue dc... All other receipts do.... 168,967 62,550 35, 126 175,779 67,568 35,803 181,284 65,873 38,653 183,819 67,279 38,206 167,154 61,223 34,057 193,140 70,794 40,148 6,180 5,498 57 4,968 947 208 2,998 2,692 62 1,873 890 S73 3,927 3,485 63 2,601 970 292 5,959 4,954 64 4,772 1,030 93 6,897 6,218 60 5,846 869 122 3,660 3,184 75 2, 185 1,149 250 5,340 529 353 3,512 946 5,355 542 359 3,293 I, 16! 5,542 627 p368 p2,95l pi,595 5,902 567 p383 p3,580 pi,37 I 4,918 570 p345 p3,!53 p850 5,995 582 p40l p3,778 pi,234 88,529 47,578 9,129 1,983 13,366 3,786 16,858 89,016 47,742 9,027 1,990 13,400 3,877 16,985 93,580 48,594 7,886 2,19! 13,835 3,853 18,256 93,992 48,665 7,778 2,206 13,903 3,853 18,340 94,4!I 48,799 7,805 2,213 13,905 3,850 18,426 2,870 1,720 S,i42 28,250 26,025 2,879 1,719 1,152 28.563 26^320 2,995 1,727 1,254 31,612 29,188 2,998 1,724 1,260 31,897 29,454 2,968 1,700 1,253 32,!!! 29,656 2,492 3,260 i;i42 2,937 2,506 3,27 i 1,133 2,922 2,71! 3,400 !,093 3, 175 2,727 3,420 1,064 3,221 2,748 3,440 1,077 3,268 CONSTRUCTION AND REAL ESTATE Construction contracts awarded, 37 States (F.W.Dodge C o r p . ) : Tota i projects....... t. .number.. Total valuation.,,.,., •••••••• •••••*••••••• mi I • of da!.. 3ui (ding, tota i ••••••••.••••••••••••••.....•••••• ...do.... Construction cost index: £. H. Boeckh and Associates: Apartments, hotels, and office buildings: Brick and concrete.............U. S. avg. 1926-29=100.. Brick and steeI........••..••*...••••••••...•••••do.... Brick and wood•••.••••••.•••.••••••.••.••••••••••do,... Commercial and factory buildings: Brick and concrete...................« ......do.... Br i ck and stee I „ ...............do.... Brick and wood .do.... Frame-..,,,..„.*........... ..•••..••••...,..do.... St«e I........ ......••......•.•. .do,... Residences: Br i ck •• do.... Frame,.. *.... ...«.«»..•••......... * »........ do.... DOMESTIC TRADE Television advertising: Cost of facilities, total .thous. of do!., Automoti ve, i nc I ud i ng accessor ies.......•••... do.... Drugs and toiietries.,.. € .. e ..... do.... Foods, soft drinks, confectionery do.... Soaps, cleansers, etc., do.... Smoking materials do.... Magazine advertising: Cost, tota I do.... Apparel and accessories do.... Automotive, including accessories...... .do.... Bu i I d i ng mater i a I s. • do.... Drugs and toi letr ies... , do,... Foods, soft drinks, confectionery........... do.,.. Beer, wine, liquors Household equipment and supplies Househoid f urn i shi ngs Industrial materials Soaps, cleansers, etc Smoking mater ials. „ FINANCE Expenditures, total ....do.,.. Interest on public debt do.... Veterans' services and benefits ......do.,.. Major national security do.... A I I other expend i tures do.... Life insurance (Institute of Life Insurance): Assets, total, all U.S. life insurance companies.,...do.... Bonos (book value), domestic and foreign, totaI....do.... U. S. Government .do.... State, county, municipal (U. S.) .do.... Public utility (U. S . ) . . . . ...........do.... Rai !r©ad (U. S.)....„ .....do.... Industrial and miscellaneous (U. S.) do.... Stocks (book value), domestic and foreign, total...do.... Preferred (U. S , ) . .do.... Common (U. S . ) . , .do,... Mortgage loanr, total.......... , „,.,,,,,.,.do..., Nonfarm .... „ do.... Rea I estate.. ............. Policy loans and premium notes.. Cash,, , Other assets...; , r_/ Revised. j>/ Pre!imi nary. ±/ retai I food, 43.8. « do.... do.... .do.... .do.... indexes based on !935-39sl00 are as follows: Measured by—wholesale prices, 45.3; consumer prices, 50.8; MONTHLY BUSINESS STATISTICS — Continued 4 1955' ITEM September S956 October July September August October FINANCE - Continued Life insurance Agency Management Associations Insurance written (new pald-for insurance): GrOUp and WholeSale..«........»..................d0.o». 1 nCIUSTfr ISIS....»<$..*..»..so. . a . © . . . . . . . . . . . . ® . ® . . . QOo © e © QFQ Sn a r y . « . « . . e e s 0 . » e e s e e s e e e a . e . o e e e a a e e e e » e 9 a . »QO« .. e 3,679 581 546 2,552 4,251 931 503 2,8S7 38*3 67*7 81.9 425.4 182,0 51.6 8.8 3985 73.9 69.6 43.5 27*4 21.1 S02 4,140 4,792 526 981 525 963 549 2,858 2,634 3,280 469 . 6 204.7 51.0 993 43.8 79.1 81.7 478.3 203.9 49.5 425.0 171.8 45.9 9.3 8.8 41.9 84.1 89*6 38.8 73.1 86.6 44.7 26.5 20.3 45.9 29.6 22 A 44.4 27.4 21.3 44.8 p27 9 5 p22.0 r!36 r1,566 106 S9I S,458 125 93 220 137 168 200 1,738 i,8or 1,751 r19,898 r11,433 r120,877 r52,800 72,474 13,347 184,011 145,546 1,237 9,283 134,294 S,I63 2,538 10,290 125,296 8,067 30,528 12,688 S44,S02 76,378 827 890 2,203 2,187 2,222 496 668 586 2,158 2,001 2-, 130 1,738 1,797 1,777 r2,224 r2,033 2,578 S,970 1,701 2,140 344.5 241.8 134.5 66.7 343.1 248.8 138.3 71.7 354.7 247.9 139.6 53.0 r3!9.2 r2!7.8 104.3 .r6S.4 311.7 217.4 117.1 62.5 964 1,532 7,061 1,089 2,726 3,263 2,988 1,410 1,007 2,135 5,447 99.15 92.70 60s40 53.60 6.1 61.90 55.25 65.15 60,70 87.50 78.25 75. SO 69.00 r78.45 r68.80 r7I.IO 65.40 7.8 7.7 7.7 p66.00 p57.40 p89.65 p79.80 p7.2 3,718 •836 537 2,345 4,544 1,160 Institute of Life Insurance; Payments to policyholders and beneficiaries, estimated Matured endowments.................................do.... Disabi 11ty payments.. 9 o>M^... 9 o«..o«...«..e.,,«.do„,. Annuity payments.....................ao............do...® Surrender va 1 ues.... . ... .. ............. ............ .do.... Po 1 icy div 1 dends••••••.••.•••••••••••••••••••••••••do.... Turnover of demand deposits except interbank and U. S. Government, annual rates New York City.................ratio of debits to deposits*,,, 337 other reporting centers •••••••••••••••*•....do.... FOODSTUFFS W i nes and d i st i11i ng mater i a 1s; Effervescent wines? Product!on........ 0 .. e „. 9 „«... 9 « 0 ....thous. of wine gaS. 9 Tax-paid withdrawaIs „ M ,.do.... Stocks, end of month...............................do..•• Sti11 wines: Tax-pa i d w i thdrawa Is, ,.,o..,.»..»....... do*.. . Stocks, end of month •••••••••.•••••••••••...do.... Distilling materials produced at wineries............do.... 42 5*2 180.1 44*4 8.7 5.»»®e.»©.© •••••••••• S9..Q..0SS ..•••.••••• • ••••••••• .©©»..».» 9 ..•••••••. 45.2 p28.4 p22.l • ••••••.••• 6 S 9 9 CO . . . . ..$......« ©OS9«S.©»© ...o.®.®*© .......... aeossoe.e® LEATHER AND PRODUCTS Leather production; Cattle hide and side kip.........thous. of hides and kips,. Sheep and lamb^,,,,,,,,,,,,,,,.,,« ,M»«doM>> i « »»» » o 3 « 9 , • *•••••••• M ®0«®S8.©©» METALS AND MANUFACTURES Aluminum shipments: Mill products, total................. ..••••• .do....Plate and sheet ............... .....'do.... Castings* «,«„ «••••••••••••••••••«••••••••••• »do.««. Furnaces, industrial, new orders, netFuel -fired (except for hot rolling steel) Machine tools (metal-cutting types): ,,,..do.,, e 6,579 58.35 53.40 5X80 51.10 5.6 £,/ Revised. « • 9 9O5 » 9» « »o«ea««®©e ...9.9009® £ / Preliminary. UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. O F F I C I A L BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT BUSINESS PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300