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October 16, 1959

STATISTICS

BUSINESS

A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS
A v a i l a b l e only w i t h s u b s c r i p t i o n t o t h e S U R V E Y O F C U R R E N T B U S I N E S S , a t $ 4 . 0 0 a n n u a l l y , t h i s S u p p l e m e n t p r o v i d e s s e l e c t e d
w e e k l y a n d m o n t h l y d a t a s u b s e q u e n t t o t h o s e p u b l i s h e d in t h e l a t e s t m o n t h l y S U R V E Y

SELECTED BUSINESS INDICATORS
Index,l941-43 = I0

80

Index, I 9 4 l - 4 3 « I 0
[80

PRICES OF 425 INDUSTRIAL STOCKS

Monthly

(Wednesday close)

70

6 0 h

50

40

30

InJ | f 1 I | I » » » » .- I » I I » 1 1 I 1 I » 1 » t I I 1 I » 1 -1 t I t

S956

1957

1 » I I 1 I

!958

Billion Dollars

Index, 1 9 4 7 - 4 9

20

180

SALES OF RETAIL STORES

I I 1 » 1

1959
= 100

DEPARTMENT STORE SALES & STOCKS

(seasonally adjusted)

(seasonally adjusted)

T

Stocks

160

Tofal

140
Nondurable

Goods

l

120

Sales

Durable Goods

I I I II 1 I I I I I I II I II I I I II I

1956

1957

I I II I 1 I II I I II I I II I M I I
1959
1958

I O O l i i i M I i i i i i l i i M » I i n i »1 i i i i i I i m i I i i i i i I i i H I
1956

Index, 1947-49= 100

Dollars

200

2.40

MANUFAC TURING EMPLOYMENT &
PAYROLLS (production workers)
175

150

°°<*v^r
Payrolls

125 _

*^

KX

1957

1958

1959
Hours

56

MANUFACTURING HOURS & EARNINGS

/V 1

2.20

2.00

Employment

J

1.80

|

1.60

H 52

Average Hourly
Gross Earnings

H48

(left scale)

44

\
100

T * * * ^ * * * *

40
Average Hours Per Week
(right scale)

75

-LLJLLLLUJLJLL .JJ-LLLLLLLLL, JJJLJJ-LL.LLLL, j j j j j J j J U L i i l

1956




1957

1958

1959

1.40 U l 1 I 1 I 1 i I I I 1 I I I I I I M I II II I N I I I I I I I I I I I 1 I I I I J36
1956
1957
1958
1959

WEEKLY BUSINESS STATISTICS1

2

1

1958

1959

ITEM
19

S e p t . 26

85.6
145
1,915
1,740
301

•II9.I
*93.l
•lll.l
* 126.2
85.9
147
1,870
1,700
271

119.6
88.9
107.8
128.3
86.5
158
1,347
1,181
264

119.6
88.9
107.4
128.3
85.7
145
1,322
1,158
282

31,217
26,275
18,234
460

31,352
26,519
18,318
565

32,197
28,834
18,653
496

31,984
29,016
18,819
566

31,809
28,403
18,394
254

60,118
30,164
101,338
34,103
30,531
10,982

59,773
30,191
101,97.7
34,695
30,473
11,047

61,133
30,678
104,137
28,891
29,346
12,435

60,23?
30,723
103,387
28,358
29,374
12,462

60,157
30,741
103,540
28,118
7.9,478
12,451

4.43
49.98
53.51

4.44
51.06
54.71

4.81
56.72
60.87

4.85
55.82
59.91

4.87
56.88
60.99

1,444
12,111
50,157
7,014

1,495
12,067
46,722
6,874

1,297
12,779
82,587
6,823

1,299
12,878
114,101
6,858

1,274
13,234
127,752
6,825

1,901
#70.4
678
335

1,933
#71.6
686
335

356
12.6
578
311

362
12.8
587
317

362
12.8
573
311

Oct. 4
Commodity p r i c e s ,

Oct.

Sept.

II

Oct.

3

Oct.

10

wholesale:

F i nance:
Currency in c i r c u l a t i o n 4 /
m i l . of d o l . .
F e d e r a l Reserve bank c r e d i t o u t s t a n d i n g , t o t a l 4 /
do....

R e p o r t i n g member banks ( o f r . R . S y s t e m )

Commercial and i n d u s t r i a l

119 1
86.4
106.2
128.4
85.6

119.2
86.9
106.8
178.4
86.0
147 .

224
31 933
28,623
18,636
493

i n leading c i t i e s : 5 /

loans ( g r o s s )

do....

Stock p r i c e s , 500 stocks ( S t a n d . A P o o r ' s ) _ 5 / . . . 1 9 4 1 - 4 3 = 1 0 . .

4.88
56.94
60.96

Production:
E l e c t r i c power, by u t i l i t i e s
Motor v e h i c l e s ( c a r s , t r u c k s , coachos)

J./ Data do
State; R.R.;
duction, 365
(140,742,570

m i l . of

kw.-hr..
number..

j

141,260

not always cover calendar weeks. 2/ Tuesday prices. .3/ Includes data for Alaska and Hawaii, and for the following programs:
Federal employees; veterans; and ex-sorvicomon. 4/ Daily average. 5/ Wednesday data. 6/ Weok baninning October 5, 1959: Prothous. short tons; operatinq rate, 17.9 percent. * Monthly index for September 1958. # Rased on January I, 1958, annual capacity
tons); not comparable with 1959 rates Which are based on January I, 1959, annual capacity (147,633,670 tons).

MONTHLY BUSINESS STATISTICS
1958

1959

ITEM
August

September

June

August

July

September

GENERAL BUSINESS INDICATORS
Farm income and m a r k e t i n g s :
Cash r e c e i p t s from f a r m i n g ,

i n c l u d i n g Government payments,
• ot d o 1 • .

....do....
....do....
....do....
....do....
....do....
Indexes of cash r e c e i p t s from m a r k e t i n g s and CCC loans,
unadjusted:
Al I commodities
19*1 7 - 4 9 = 1 0 0 . .
....do....
....do....
Indexes of volume of farm m a r k e t i n g s , unadjusted
....do....
....do....
....do....

2,952
2,789
1,257
1,532
369
P70
275

3,604
3,357 1
1,567
1,770
357
1,105
292

2,336
2,308
819
1,489
398
853
207

2,676
2,582
1,116
1,466
385
829
230

2,605
2,573
1,132
1,441
376
817
229

115
117
112

137
146
130

95
76
109

106
104
108

106
106
106

127
132
123

147
160
138

108
80
129

121
114
128

118
NO
124

dol..
do....
do....
do....

17,000
5,361
2,789
872
1,005

16,376
5,08C
2,447
850
1,038

18,708
6/J26
3,880
978 !
IJ38

18,332
6,419
3,';/9
9!6
1, 135

r18,054
r6,240
r3,4l0
r942
1,092

17,541
5,748
2,950
919

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

11,639
<?54
559
1,406
4,360
1,448
1,768

11,882
1,077
58?
! , 372
4,771
1,450
1,879

11,913
<?'.
•:;79
1 ,458
4,48i

r11,014
r<:58
r587
.-ip458
r4,?95
r1,504
rl,P.43

11,793
!,I02
578
1,395
4,197
! , 396
1,916

DOMESTIC TRADE
All

retai 1 stores:

-!•'
1. of

do....
do....

r

Revised.

J/ Data for September




1959 are advance estimates.

1

11,746
1,047
538
1,776
4,068
1,346
1,781

1

1,'•>••'•'

!

|

MONTHLY

BUSINESS STATISTICS —Continued

3

1958
ITEM

August

1959
September

June

July

r18,296
r6,160
3,454
929
rl2f136
rl,l33

August

DOMESTIC TRADE - Continued
All retail stores J./- Continued
Estimated sales Tseasonally adjusted),total...mi I. of dol
Durable goods stores
do..
Automot i ve group
do..
Furniture and appliance group
do..
Lumber, building, hardware group
do..
Nondurab le goods stores
Appare I group
Drug and proprietary stores
Eating and drinking places
Food group
Gasoline service stations
Genera I merchand ise group
Estimated inventories:
Unadjusted, totaI
Durab le goods stores
Nondurab le goods stores
Adjusted, tota I
Durab le goods stores
Nondurab le goods stores
Retail firms with 4 or more stores:
Fs+imated sales (unadjusted), total
Retail firm*; with II or more stores:
Estimates sales (unadjusted), total
Appare I qroun
Drug and proprietary s+oros
Fatinq and drinking Blaces
Furniture, homefurnishinqs stores
General merchandise group
Grocery stores
Lumber, bui Idinq-mater ials dealers
Tire, battery, accessory stores

,
„

16,060
5,215
2,703
891
919

16,563
5,095
2,600
858

926

18,189
6,162
3,476
936
991

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

11,645
1,094
551
1,755
4,152
1,340
1,916

11,468
1,042
563
1,221
4,169
1,338
1,817

12,027
1,100
596
1,312
4,300
1,388
1,961

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

23,510
10,430
13,080
73,860
10,660
13,200

23,680
10,110
13,570
23,680
10,480
13,200

do..,

4,778

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

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

Estimated sales (seasonally adjusted), total
do...
Appare I group
do...
Drug and proprietary stores
do...
Eating and drinking places
do...
Turniture, homefurnishings stores
do...
General merchandise group
do...
Grocer y stores
do...
Lumber, building-materials dealers
do...
Tire, battery, accessory stores
do...
Wholesale trade:
Sales, estimated (unadjusted), total
bil. of dol.
Durable goods establishments
do...
Nondurable goods establishments
do...
Inventories, estimated (unadjusted), total
do...
Durab le goods estab I i shments
do...
Nondurable goods establishments
do...
EMPLOYMENT AND WAGES
Labor force (U. S. Department ot labor):
Civilian labor force, total
thousands.
Emp loved
do_ _
Agr icu Itura I emp Ioymerit
do.
Nonagr icu Itura I emp lovment
do!!!
Unemp loyed
!...!!!!do!!!
Employees in nonagricuIturaI establishments (unadjusted):
To+a
•
thousands.
Manu f actur i no
do.
Mining

! ! ! ! ! ! ! ! ! ! ! !do!!!

Contract construction
Transportation and public utilities
Wholesale and retail trade
Finance, insurance, and real estate
Service and miscellaneous
Government
Production workers in manufacturing industries:

do.
do!!!
do!!!
do...
do!!!
! !do!!!

Total
do#
Durable goods i n d u s t r i e s 2 /
do...
Ordnance and a c c e s s o r i e s
dc...
Lumber and wood products ( e x c e p t f u r n i t u r e )
do!!!
F u r n i t u r e and f i x t u r e s
do...
Stone, c l o y , and g l a s s products
do.!!
Primary metal i n d u s t r i e s
do.!!
f a b r i c a t e d metal products 3 /
!do!!!
Machinery ( e x c e p t e l e - t r i c a l )
!!!!!!!!!!!do!!!
E l e c t r i c a l machinery
do!!!
T r a n s p o r t a t ion equ i pment
!!!!!!!!!!do!!!
Instruments and r e l a t e d products
!!!!!!!!!!do!!!
Nondurable goods i n d u s t r ieu £ /
Food and k i ndred products
Tobacco manufactures
T e x t i l e m i l l products
Apparrel and o t h e r f i n i s h e d t e x t i l e products
Paper and a l l i e d p r o d u c t s


£ / R e v i s e d . £ / P r e l i m i n a r v . J . / Data for Seoterber
ordnance, n-nchinorv, and 1ranr,por"t»stion ocsuioi-ent.


do...,
do!! *
do!!!!
do!!!!
do.!!!
do...,
1959

1,009

16,110
r6,095
3,350
952
988

4,289
1,404
r2,030

rl2,OI5
1,096
600
1,296
4,305
1,392
1,989

r24,640
11,830
rl2,8IO
r24,800
11,660
r13,140

r24,640
r11,870
r12,770
r25,070
r11,800
r13,190

24,530
11,360
13,160
24,880
11,690
13,200

4,128

4,398

4,316

4,298

3,566
239
90
74
41
1,112
1,461
75
69

3,832
256
99
83
39
1,174
1,572
82
89

3,778
207
100
88
36
1,063
1,679
82

3,777
215
98
87
39
1,164
1,580
81
86

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

3,685
237
94
71
43
1,134
1,555
64
73

3,897
253
101
80
40
1,233
1,610
72
77

r3,984
266
102
r83
39
r1,289
1,619
72
80

3,972
254
103
81
39
1,273
1,635
71
82

M.3
4.1
7.2
11.7
6.1
5.6

M.9
4.4
7.5
M.7
6.1
5.6

12.8
5.1
7.7
12.4
6.7
5.7

12.7
4.9
7.8
12.4
6.7
5.7

12.2
4.7
7.5
12.4
6.6
5.9

70,067
65,367
6,621
58,746
4,699

66,740
64,629
6,191
58,438
4,111

71,374
67,342
7,231
60,111
3,982

71,338
67,594
6,825
60,769
3,744

70,667
67,241
6,357
60,884
3,426

50,576
15,462
708
2,955
3,897
11,011
2,413
6,15?
7,678

51,237
15,755
711
2,927
3,886
11,151
2,392
6,472
7,943

57,580
16,455
713
2,986
3,944

6,623
8,065

r52,343
rl6,4IO
r7IO
r3,035
r3,949
r I 1,324
r2,475
r6,603
r7,837

r52,054
r16,172
r633
r3,101
r3,922
rI 1,353
r2,472
r6,589
r7,8l?

11,645
6,339
67
581
301
130
36/1
788
977
734
1,0*4
199

11,940
6,579
68
590
310
438
897
822
1,007
76?
1,100
705

17,574
7,248
73
624
321
466
1,067
866
1,167
833
1,724
274

r12,433
r7,l6l
r72
r627
320
464
1,038
r847
r I,149
r836
r1,207
721

r12,181
r6,696
r72
r627
r323
r467
r625
r832
rI,141
r849
rI,137
r224

5,306
1,17?
86
055
l,!>44
4*2

5,361
1,178
96
860
1,055
447

5,776
1,030
70
883
1,068
453

r5,?72
r1,062
67
r872
1,048
r449

r5,485
rl,l69
r90
r887
r i, 101
r453

are ad-.anco e s t a t e s .

11,352
2,442

597
1,325

2/ Includes data for industries not shown.

3/ Fxcept

4

MONTHLY BUSINESS STATISTICS — Continued
1959

1958
ITEM

j
September

August
EMPLOYMENT AND WAGES -

Average weekly gross e a r n i n g s , a l l

manufacturing..do1lars..

Average h o u r l y gross e a r n i n g s , a l l m a n u f a c t u r i n g
Lumber and wood p r o d u c t s ( e x c e p t

Printing,

do....

furniture)

do....

f i n i s h e d t e x t i l e products

publishing,

August

September

542
504
157
18!
323

548
511
158
188
321

555
527
160
196
334

r552
527
rl58
r203
335

r558
r534
r 151
r204
r339

p566
p537
DI50
p708
D337

94.1
93.2
150.0

96.5
94.8
155.7

101.3
101.9
I7/S.4

r100.5
r102.0
r170.2

r98.5
r97.5
r165.0

P99.6
p97.8
p167.9

39.6
39.8
39.4
84.35
91.14
76.04
2.13
2.29
1.91
2.16
2.70
2.29
2.38
2.14
2.55

39.9
40.2
39.5
85.39
92.46
77.03
2.14
2.30
1.94
2.16
2.73
2.29
2.39
2.16
2.55

40.7
41.4
39.8
91.17
99.36
79.60
7.74
7,40
1.99
2.71
2.84
7.58
7.50
2.22
2.66

r40.2
r40.5
39.8
r89.65
r96.80
80.00
2.23
2.39
1.98
7.22
2.81
2.37
2.50
2.22
2.66

40.5
40.9
40.0
88.. 70
96.12
80.00
2.19
2.35
2.00
2.22
2.64
2.38
r2.50
r2.22
r2.69

p40.4
P40.7
p39.9
P89.28
P96.05
D80.60
P2.2I
P2.36
pl.99
P2.23
P2.65
P2.39
P2.50
P2.23
P2.7?

2.00
2.09
1.58
1.50
2.20
2.70
2.42
2.88
l.6i

2.01
r2.09
1.58
1.51
2.21
r2.7l
2.44
r?.89
L59

2.00
r?..06
rl.59
1.52
?..??.
2.71
r2.44
r2.84
1.60

indexes:

Hours and e a r n i n g s :
Average weekly hours per w o r k e r , a l l m a n u f a c t u r i n g . . h o u r s . .

Apparel and o t h e r

1

Continued

P r o d u c t i o n workers i n m a n u f a c t u r i n g i n d u s t r i e s - Continued
Nondurable qoods i n d u s t r i e s 1 / - Continued
P r i n t i n g , p u b l i s h i n g , and a l l i e d i n d u s t r i e s . . . t h o u s a n d s . .

Manufacturing production-worker

July

June

do....

and a l l i e d products

do....

Products o f p e t r o l e u m and c o a l

do....

1.93
1.97
1.51
1.52
2 . S3
2.60
2.34
2.73
1.56

1.95
1.99
1.51
1.53
2.14
2.62
7.34
7.76
1.58

I

I

1

'

P2.02
07.06
pi.59
pl.53
P2.23
P2.73
p?..46
p?.90
nl.6!

LUMBER AND MANUFACTURES
Lumber ( N o t i o n a l

Lumber M a n u f a c t u r e r s

Association):

Softwoods.••••.•.•.•••••.•.•....••.••..•••••••••••.do....
Softwoods.•••••••••••••.•.••••••.••.••.....••..•...do....

3,056
2,*6I
3,103
2,533
9,070
5,568

3 , 143
7,524
3 , 195
7,621
9,018
5,471

3,216
7,617
3,217
2,659
8,788
5,181

3 , ! 36
2,513
3 , 146
2,608
8,782
5,100

3,171
2,528
3,137
2,530
8,816
5,099

250,460
765
759
194,974
192,770
55,271
47,030

149,756
716
71?
107,687
98,009
46,353
y.t 232

674,689
767
747
554,878
540,660
119,54/100,A62

663,444

315,983

TRANSPORTAT1 ON EQU1 PMCNT
Motor

vehicles,

f a c t o r y seilcs, t o t a l

Doinest i c . . . . . . . . . . . . . . . . . . . . . • . . . • • • • • • • • • •
Trucks, t o t a I . . . . .
...••••
uomesT i C n a i n i t i i i i i i i i
••••••••••••
r_/ Revised.

j>/ P r e l i m i n a r y .

\j

•••do....
••-• .do....
m i oo.... [

Includes data for

i n d u s t r i e s not shown.

1
2/

I

|

233
209
548,574
54 1,458
114,687
92,186

82

1

58
255,831
752,556
60,070
47,88?

L ... .. ....

except ordnance, •••achine'-y and t r a n s p o r t a t i o n equipment.

PENALTY FOR PRIVATE USE T O AVOID
PAYMENT OF POSTAGE. $300

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS

WASHINGTON 25, D. C.
OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

OF CURRENT
Digitized for SURVEY
FRASER


...nu-ber..

BUSINESS