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.tlMENT Q f

r

^

October 10, 1958

BUSINESS

°F

STATISTICS

BUSINESS tco

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
Billion Dollars
100

Billion Dollars
100
TOTAL

LOANS

AMD

INVESTMENTS

Average of Wednesday

Wednesday

data

data

(Federal Reserve Weekly Reporting Member Bonks)

95

90

f

85

^s^^^^^^^^000^

80

-

75

^1

~~
-

w...
» 1

I

1 I

I

\

\

1 \

•

1955

1

\

\

1

I

1

t

\

I

\

-j
1 •

8

i

S

8

1956

j

1

I

8

§

\

1

1

1957

1

8

i

1

1

t

i

8

8

i

80

1

M I
JF

1958

i ill

M AM

Thousands
1,200

NO

Thousands
250
Monthly

PASSENGER CAR AND TRUCK PRODUCTION
(United States plants)

1,000

-I 2 0 0

A

'•fl 150

~\

100

800

600

\
^ss^w

400
200

I i i i J 75

J J ASO

»l

1 1 1 1 1 1 1 1 1 1

1955
Billion

» 1 1 1 1 i

1 1 1 1 1

I

I

l

I

1 1 I

I

1 1 .i

1957

1956

Dollars

1 1 8 1 1 1 t\k

1 |_.l. J
J F M A M J J

S958
Index,

60 1

J

A S 0 N D

1910-14=100

3 2 0 r—•"
PRICES RECEIVED A N D
PAID BY FARMERS
300h

CONSUMER CREDIT OUTSTANDING
(short- and intermediate-term)

50
Total
(end of month)

280h

1

\

Prices

Paid

i

(Incl.interest, taxes and wage rates)

260 h
Prices Received
240
U

lllllllllll

' ' ' I I I I. I I I

1955



1956

1957

1958

2 2 0 I t i n 8i I » i t CF\ » t i i » 1 i i i » i 11 i i i i I i > i t \ 11 i 11 11 i i i i
1955
1956
1957
1958

WEEKLY BUSINESS STATISTICS1

2

1957

•958

ITEM
Sept. 28

Oct.

1 Sept. 13

5

Sept. 20

Sept. 27

Oct.

4

Commodity prices, wholesale:
.....1947-49=100..
..do....

••*•»»••••

86.2
139
1,255
1,165
278

•118.0
•91.0
•106.5
•126.0
85.3
136
1,261
1,169
261

119.0
93.3
110.8
126.1
86.2
145
••2,116
1,923
256

119.0
93.2
II 1.3
126.0
86.1
136
••2,026
1,840
262

118.9
92.3
IIU4
126.0
85.8
136

268

301

31,052
25,622
18,963
547

31,039
25,304
19,034
349

31,433
26,661
18,479
655

31,393
26,644
18,572
687

31,285
26,558
18,404
616

31,215
26,275
18,234
492

54,788
23,838
86,558
24,537
32,408
8,725

54,015 1
23,900 |
87,898
25,654
32,331 !
8,727

56,719
28,563
94,703
32,664
30,084
9,100

56,800
28,367
94,118
31,913
30,467
9,139

55,540
28,306
93,380
31,465
30,244
9,140

dOa...

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

118,8

91 9
111,0
126.0
85.6

Finance:
Federal Reserve bank credit outstanding, total 3/,....do....
do....
Reporting member banks (of F.R.System) in leading cities: 4/
Time deposits, except U, S, Government.,
Loans and investments (adjusted), total.
...do....
Commercial, industrial, and agr, loans (gross)...,do....
do....
Bond yields, domestic corporate (Moody's)
Stock prices, 500 stocks (Stand. & Poor's) 4/...1941-43=10..
...do....
Production:
s. of short tons,.

Stee 15/

thou s, of short tons..
do

4.45
42.46
45.90

4.45
43.10
46.54

4.38
48.31
51.68

4.41
49.33
52.84

4.42
49.70
53.30

1,708
11,697
60,794
6,821
2,105
#82.2
739
352

1,655
11,564
33,663
6,812
2,115
#82.6
748
358

1,391
12,248
30,948
7,009
!,780
65.9
666
326

1,404
12,240
51,260
7,087
1,771
65.6
667
329

1,483
12,342
56,913
7,100
1,816
67.3
673
326

4.43
49.98
53.51

52,358
1,901
70.4

U Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4_/ Wednesday data. j>/ Week beginning October 6, 1958:
Production, 1,918 thous. short tons; operating rate, 71.1 percent. • Monthly Index for September 1957. ** Excludes 654,000 and 650,000
insured unemployed reported under temporary programs (TUC) for September 13 and 20, respectively. # Based on January I, 1957, annual capacity (133,459,150 tons); not comparable with 1958 rates which are based on January I, 1958, annual capacity (140,742,570 tons).

MONTHLY BUSINESS STATISTICS
1957

1958

ITEM
July

August

June

May

August

July

CONSTRUCTION AND REAL ESTATE
Construction contracts awarded, 48 States (F. W. Dodge Corp.)
Total valuation...................
.mil. of do I.
Building, total..«.
do...
Construction cost index:
Department of Commerce, composite
1947-49=100.

2,901
2,248

2,818
2,292

3,403
2,470

3,820
2,340

3,607
2,633

3,467
2,530

138

138

138

139

139

140

23,660
10,880
12,780
24,140
10,850
13,290

24,040
10,970
13,070
24,250
11,040
13,210

24,360
11,270
13,090
23,880
10,790
13,090

23,820
10,950
12,870
24,070
10,800
13,270

r23,490
r10,720
r12,770
r23,990
r10,730
r13,260

23,520
10,400
13,120
23,870
10,640
13,230

3,894

4,284

4,417

4,073

4,045

4,277

3,276

3,670

3,465

207
85
80
37

3,795
237
93
74
42
1,096
1,684
71
81

3,473

182
83
78
32
953

223
87
74
38

188
89
77
38
983

3,697
210
92
80
39
1,106
1,608
75
79

3,631
226
94
73
38
1,122
1,537
64
72

DOMESTIC TRADE
A11 reta iI stores, est i mated i nventor i es:
Unadjusted, total,.,.,....
,.••«..mi I. of do I.
DurabIe-goods stores
....••.••
•••••do...
Nondurab I e-goods stores,.
do...
Adjusted, total..,..,
••••••
...
.do...
Durab I e-goods stores. .......
..do...
Nondurab I e-goods stores
••...••••.••••••• • .do...
RetaiI firms with 4 or more stores:
Estimated sales (unadjusted), total.,
............do...
Retail firms with II or more stores:
Estimated sales (unadjusted), total.
do...
AppareI group.
..,.
do...
Drug and proprietary stores...........
do...
Eating and drinking places.
•
.do,..
Furniture, homefurnishings stores.............
do...
Genera I -mer chand i se group
do...
Grocery stores.
.,
.......• .do...
Lumber, building-materials dealers
do...
Tire, battery, accessory stores
.....do...
Estimated sales (seasonally adjusted), total..........do...
AppsreI group....88....„..,...-.^-s.^^^c;ciiiiv:i;do-ss
Drug and proprietary stores...•••••.••••••.•••••„..,do...
Eating and drinking places..
,.
,
do.,.
Furniture, homefurnishings stores........
.do...
Genera I -merchand i se group ,.•*••••
....do...
Grocery stores
«
do...
Lumber, building-materials dealers
.......do...
Tire, battery, accessory stores.......
.do...
jr/ Revised.

9125


1,398

1,109
1,590

69
80

73
73

3,591

3,641

229
84
74
35

244
87
76
36

1,172
1,453

1,168
1,492

62
72

61
68

1,028
1,462

1,531

71
80

73
81

3,645

r3,728

225
90
73
40

239
91
73
41

1,117
1,551

1,174
1,564

64
72

64
r73

3,771
250
97
75
39
1,201
1,557
66
75

MONTHLY BUSINESS STATISTICS — Continued

3

1957

1958

ITEM
July

May

August

June

July

August

DOMESTIC TRADE - Continued
Wholesale trade:
11.4
4.3
7.1

11.7
4.3
7.4

10.9
3.9
7.0

10.9
4.0
6.9

II.1
4.0
7.2

M.3
4 1
7.2

.do....
do....

12.5
6.6
5.9

12.7
6.6
6.1

11.8
6.2
5.5

11.8
6.2
5.6

rl 1.7
6.1
5.5

H.7
6.1

) employees..
.do....
do....
.......do....
.......do....
do....

3.2
3.1
.2
1.3
1.4
.2

3.2
4.0
.3
1.6
1.9
.3

3.0
3.6
2.4
.8
.2

3.8
2.9
.2
1.8
.8
.2

r3.3
r3.2
r.l
r2.0
r.9
.2

p3.7
P3.2
P.2
pi.6
Pl.2
P.2

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

r293,957
83,009
r101,309
r335,155

r295,078
87,581
r97,540
r325,433

348,158
73,503
73,598
287,890

336,309
59,726
84,716
279,637

294,669
63,357
91,934
283,355

,.do,...
.......do..,.
. of cu. ft.,
.short tons.,
do....

r74,663
r212,843
r2,58l
r123,620
358,741

r76,981
r235,70l
r2,837
r!28,7l8
391,615

67,670
210,050
2,983
153,199
345,987

64,291
175,535
3,067
139,295
338,370

60,301
191,792
2,795
139,843
345,465

Sodium bichromate and chromate,..e 8eeeee8esee0 o s « « » « 9 , d O e s o
.......do....
Sodium silicate, soluble silicate glass (anhydn3US)...do....
Sodium sulfate (Glauber's salt and crude salt aske)«.*do..««
short tons..

6,286
r365,030
41,156
r64,2l2
1,292

r7,959
r356,148
46,045
r65,085
1,313

8,761
330,998
1/34,636
60,506
1,310

7,651
r3l8,44l
1/32,789
53,232
1,216

3,753
317,432
1/30,308
54,216
1,207

880
954
523

826
1,076
597

570
820
472

573
868
542

580
792
466

80,694
57,748
34,876

84,876
65,426
39,644

46,603
48,306
26,656

48,260
51,882
31,077

58,340
41,865
24,479

122,018
90,037
22,803

145,926
I11,080
33,641

87,002
66,086
10,416

92,861
71,624
14,185

68,802
48,618
5,400

2,193
2,143
86

2,143
2,120
79

|

1,602
1,932
76

1,646
1,883
80

1,638
1,852
88

5,877
273
634
792

6,230 !
272 1
636
732

4,649
388
404

5,746
232
448
502

4,082
120
295
321

4,835
176
349
398

104
685
415
191
73

109
906
542
274
85

51
587
344
175
63

43
719

513
197
514
1,484
414
675

> i1. of do 1.•
.......do....
,.do,...

...

5.6

EMPLOYMENT AND WAGES
Labor turnover In manufacturing establishments:

Lay-of f.
Quit...

.!

CHEMICALS AND ALLIED PRODUCTS
Inorganic chemicals, production:

do....

Nitric acid

e

METALS AND MANUFACTURES
Castings, gray iron:
short tons..
do....
ror saie...,..«•«•»«....«».»•«..«.»«««««.«».. »9 s e e e » d O » 9 s Castings, malleable iron:
.short tons..
.......do....
.......do....
Castings, steel:
do....
do....
do....
Barrels and drums, steel, heavy types (for sale):
,.thousands..
do....
do....
Steel products, net shipments:
short tons..
do....
do.,..

Plates....
,.

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

.......do..,.
Sheets and strip Unci, electrical), total..m .......do,...
do....
Lead:
Production, secondary, estimated recoverable... .short tons..
Stocks, end of month:
Producers', ore, base bullion, and in process .......00....
Refiners' (primary), refined and antlmonia!.. .••a...dO....
do....
Scrap (lead-base, purchased), all consumers.. ....... 00....
.......do....
..do....

Television sets Unci, combination), production .3/......do....

192
752
489
172
84

174
862
569
188
97

193

859
218
460
1,698
531
791

914
250
494
1,895
550
900

592
285
491
1,508
437
661

740
354
522
1,932
574
852

26,670
85,569

33,908
103,442

28,266
75,800

26,586
80,000

23,563
80,500

112,739
154,105
119,167
^9,zii
218.8
256.9
654.8
267.0

112,734
162,476
113,470
->5,3i0
253.1
282.0
774.4
377.1

118,519
164,072
105,843
36,0Z5
263.8
268.8
621.5
275.0

134,039
67,296
92,601
45,063
218.3
335.1
612.6
360.7

122,340
60,029
96,624
43,633 I
241.2
329.1
965.7
673.7

455
180

79

567
252
560
1,744
87

81

280.2
322.1
1,078.9
507.5

r/ Revised. j>/ Preliminary. J/ Excludes quantities produced and consumed in making meta, ortho, and sesquislIicates. 2/ Data exclude
sales of combination washer-dryer units; sales of such types totaled 12,400 units In August 1958. 3/ Data for June 1958 cover 5 weeks; other
months, 4 weeks.

9125



4

MONTHLY BUSINESS STATISTICS — Continued
1957

1958

ITEM
August

June

September

July

August

September

COMMODITY PRICES
Prices received and paid by farmers:
Prices received, all farm p r o d u c t s . o o e e 9 . 9 e 6 e f i „ 1910-14=100*.
U » O p S os0Qo3!>sooo»«o«o<>is)»osooo«<»oesoosooee>soe©o©oo9s© Q O 9 000

Commercial vegetables, fresh market M .' a . # .«.« # *.« a «do a ..«
U O T T O H s © 8 ® © 0 6 i e a © s ® e © o o o s o e ( ? 9 s e © © < » a ® © 9 © 8 s s s o a o a © ® ® ® U C * ® @0

6

Feed grains and hay.. 9 . e .„ e a i 9eoo . ffia<Bao o e .......... do....
Food grains......«*,....a...,,.*,®.©®....«>...<»..<»
do.ae.
01l-bearIng crops...«, ................... e «et« e ««>.do e ...
Potatoes (Including dry edible beans).«• «•••••••••do.„,
8 O D a C C O ® a « o © o e © » © © ® o s ® ® a » e 8 e 9 © f f l ® « ® 9 ® a 9 e ® « e s © a © < s ® ® . O O ©0 G .

Livestock and p r o d u c t s „ 0 . o a 9 . e a e s o e o s „ „ . . . « . . . .
do.oa6
Dairy products.....................,.,. s a «. a .... a a do a .. a
Meat

a n l m a l S . . @ ( ! > s @ . « • • . . . • • . • • » . • • « . • • • • . * • « . . • • . * d O . ., ,

Poultry and e g g s a a a a » a a a a . a a a a a . a a . . a . , a . a . . . . . . • • d o a a a a
W O O l a a © o s S © » © 0 8 © a o e ® 8 S © 9 © © © s s a e o s o « > © « i s e e « ® ® a © © f f l e © © Q O ® .0 .

247
232
232
278
169
217
201
252
169
469

245
227
211
279
163
217
194
244
159
484

255
232
232
246
167
197
277
239
180
474

254
228
209
260
165
190
253
227
185
473

251
225
181
281
S63
190
239
232
142
483

258
232
183
292
160
195
280
220
129
482

26 S
260
302
168
297

260
272 i
291
175
288

275
241
348
163
212

277
246
347
166
210

275
255
338
166
210

280
264
339
S74
207

273
287
257
295
84

273 j
287 |
258
r295 !
83

282
293
270
305
84

282
293
270
305
83

281
291
269
304
83

282
291
271
305
85

43,122
33,054

43,026
33,133

43,217
33,232

•a . «. » • * 9 e » «

Prices paid:

All commod., services, Int., taxes, and wage rates effl do 999S
P a r 1 T y r S T 8 Q e o e o o o o . s a > o O Q 0 9 o a o o < i < i i ® < B S a e ! K e a o » O E e > f 9 © a o e B o r a a O O ®s 0 ©

FINANCE
Consumer cred11 (s hort- and 1nterraed i ate-term):

Installment credit extended and repaid?
Unadjusted : Extended, total ....

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

Repaid, total.a®.®®®..®®,,.®^®®*,®®*®®®®».doe..*
Security markets (Standard and Poor 9 s Corporation):
Bonds:
Prices:
Industrial, utility, and railroad (AI+ Issues):
Composite (21 bonds)... a.•••••......dol. per $100 bond..
Domestic municipal (15 bonds).......
........do....
Stocks:
Dividend yields, preferred stocks (14 high-grade)...do....
Prices:

43,101
33,303

43,270
33,415

3,704
3,369
3,591
3,343

3,388
3,276
3,546
3,418

3,484
3,387
3,265
3,392

3,494
3,415
3,342
3,374

3,402
3,303
3,431
3,401

98.3
101.2
3 a 9i

98.0
101.3
3.90

105.5
110.8
3.26

104.2
108.0
3.45

102.0
103.7
3.74

98.9
100.6
3.96

4.83

4.79

4.28

4.36

4.45

4.58

t

©« © © ®@<B ® ® ©

45.84
49.51
48.48
33.65
31.89
29.52

43.98
47.52
46.32 !
32.75 j
31.09 !
27.17

44.75
47.62
45.17
34.78
37.31
25.54

45.98
48.96
46.92
36.01
37.82
26.86

47.70
51.00
49.75
37.44
37.50
28.43

48.96
52.40
51.34
38.90
37.97
29.51

20.14
39.57 ,
25,66 1

20.10
39.07
24„70

21.23
41.44
28.16

21.24
41.94
28.38

21.47
42.62
28.72

22.54
43.98
28.54

Banks:

r 7 Revised.
USC0MM-DC-9I25

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS




PENALTY FOR PRIVATE USE TO A V O I D
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