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^TMENTOfc

September 15, 1961

STATISTICS

1
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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 I - 4 3 - 1 0
90

lnd@x9 1 9 4 1 - 4 3 = 10
90

Weekly
(Wednesday close)

Monthly

PRICES OF 425 INDUSTRIAL STOCKS

(daily avg. dose)

80 —

~~~

70 -

^ ^ ^ ^

~

80

50 40

80

^

^l—L-J—J—L-J

-

^
l__J_J

1—L—

l

1

>

1

1958

1

1

1

-i

i

L

J

. __J

J

L_-L__J

1959

L_J

L_ 1 , , 1 .,. <—.

1

I

1

8

i

1

1

t

i

I

1

1961

1960

_J_J_J i I I L_J I...L JL^J
J F ^ A W J J A S O N D

Index, 1 9 4 7 - 4 9 - 1 0 0
300

40

Snd@xt S 9 4 7 - 4 9 ;

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

2 7 5 h-

250

250

225
Monthly

2 0 0 l^U

J

L

I

LJ_J

L_

_J

8

!

1958

'

1

t

I

I

1

l

L_

•J

L-J

L_J

J

I

J__J

L_

I

I

!

L_J

I960

1959

I

I i

L__J

SALES OF RETAIL STORES
(seasonally adjusted)

/

•15

200
J F M A

196!

M J J A S O N D

Index, 1910-14 = 100
320
PRICES RECEIVED A N D
PAID BY FARMERS
300

Billion Dollars

20

I

Nondurable Goods

280

_

..

Prices
rata
(incl. i nterest, taxes, and w age rates)

-

\
260

10

1958



Durable Goods

240

~rwv

J

^

Prk®$

L±±±ll±±A-L.

J959

i-JJU-LjJ . U-U-i-L-iJ-JUL
1

1960

1961

220

Received

^.

A I J L J J J J _ 1 _ U ™ L J L L U , l.,.l..,l 1 I1..,1J_L

fw k/ 1
JJ..1.1 lJjLUU_L_ 1 M,I 1 h 1,1 1 i 1

WEEKLY BUSINESS STATISTICS1

2

I960

1961

ITEM
September 3 September 10
Commodity prices, wholesale:
Al I commodities..
.1947-49=100.,
Farm products.
•.do..•,
Foods, processed....................................do....
A11 other
do...,
22 commodities £/....
..do...,
Department store sales
.......do...,
Insured unemployment, total ,3/...
»••»......thous.,
State programs (50 States and, in 1961, Puerto Rico)..do...,
Failures, indust. and commercial (Dun & Bradstreet)...number.,
Finance:
Currency in circulation 47...
mil. of dol.,
Federal Reserve bank credit outstanding, total £ /
do...,
Member bank reserve balances .4/....
.............do...,
Excess reserves, estimated ,4/.....
...
as9aoaeai
Reporting member banks (of F.R.System) in ieading cities:!5/
Demand deposits, adjusted
mil. of dol.,
Savings deposits,
do...,
Loans and investments (adjusted), total
.do...,
U. S. Government obiigations......................do...,
Commercial and industrial loans (gross). s s » e S ) i ) s e S 3 do e s a i
Real estate loans ( g r o 3 s ) . a a a e a a o e s s a a 3 S 0 S S
sodoeS8!

August 19

August 26

September 2

119.0
88.2
108.3
127.4
85.3
142
2,367
1,753
366

118.9
88.2
108.0
127.4
85.0
!52
2,271
1,670
352

SI8.8
87.2
108* !
127.5
84.9
153

32,174
27,941
18,358
658

32,664
28,676
19,197
604

32,594
28,681
19,202
597

106,16!
27,750
31,174
12,88!

106,404
27,774
31,134
12,867

61,434
29,015
I 14,224
33,322
31,498
13,038

61,870
29,030
I 14,274
33,457
31,453
13,055

7
1 IS,
86. 4
108, 3
127, 4
85, S

32,474
28,447
19,169
602

61,017
28,985
114,555
33,328
31,592
13,002

September 9

*II9.2.
*86.6
*I0788
* 128.2
84.8
130
1,868
1,649
276

84«7
147
1,801
1,624
288
31,980
27,882
18,467
639

«....««. •

32 S

Bond yields, domestic corporate (Moody's) ,4/.......percent.,
Stock prices, 500'stocks (Stand, & Poor's) I/ s c s 1941-43=I0 = !
Industrials, 425 stocks..
..do...,
Production:
Bituminous coal ,4/.....
thous. of short tons.,
Electric power, by utilities
....mil. of kw.-hr,,
Motor vehicles (cars, trucks, coaches).......
number.,
Petroleum (crude) and condensate ±/
.....thous. of bbl.,

4.57
56.96
60.37

4.56
55.79
59.02

4.74
67.73
71.66

4.74
67.98
71.82

4.74
67.81
71.57

1,305
15,353
64,636
6,824

1,341
14,615
65,821
6,874

1,375
15,665
29,817
7,073

1,349
15,491
83,361
7,054

1,368
16,214
115,135
7,051

Steel
.............thous. of short tons.,
Index of production
.
1957-59=100.,
Freight carloadings, total....................thous. of cars.,
M i see I I aneous
do....<

1,483
79.6
577
286

1,401
75.2
481
238

1,944
104.4
595
294

2,020
108.4
592
300

2,030
109.0
599
310

32,663
28,931
19,094
530
o.

. s •

1

••

4 ,74
68 46
72 27

106,656
2,032
109.1

J/ Data do not always cover calendar weeks. 2/ Tuesday prices, 3>/ In addition to State programs, includes the following: Railroad;
UCFE (Federal employees); UCX (ex-servicemen); and, effective with week of April 15, 1961, TEC (temporary extended compensation). Also
effective with week of April 15, 1961, includes persons under extended duration provisions. 47 Daily average. _5/ Wednesday data; figures
for member banks in leading cities are on revised basis. * Monthly index for August i960.

MONTHLY BUSINESS STATISTICS
I960

1961

ITEM
July

August

May

June

July

August

DOMESTIC TRADE
RETAIL TRADE, ALL RETAIL STORES:
ESTIMATED SALES (UNADJUSTED), TOTAL 1 /
mil. of dol.
Durable goods stores.........
do...
Automotive group......
,
do...
Furniture and appliance group............
do...
Lumber, building, hardware group.
do...
Nondurable goods stores..,.
AppareI group.
Drug and proprietary stores
Eating and drinking places
Food group
Gasoline service stations
General merchandise group
ESTIMATED SALES (SEAS. ADJ.), TOTAL 1 /
Durable goods stores
Automotive group
Furniture and appliance group
Lumber, building, hardware group
Nondurable goods stores
Appare I group
Drug and proprietary stores...,
Eating and drinking places.....
Food group
Gasoline service stations,.*
General merchandise group
ESTIMATED INVENTORIES:
Unadjusted, totaI
..
Durable goods stores.......
Nondurable goods stores,.
Adjusted, tota 1
Durable goods stores. s .es ss
Nondurable goods stores.
r_/ Revised.

18,066
5,773
3,098
858
1,036

18,153
5,952
3,221
898
1,082

18,532
6,006
3,413
844
990

r18,907
r6,2l4
r3,454
r895
r1,039

r17,965
r5,677
r3,076
r840
1,007

18,267
5,754
2,987
885

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

12,293
957
607
1,497
4,691
1,587
1,712

12,201
1,016
613
1,480
4,405
1,568
1,925

12,526
i,i05
629
1,386
4,574
1,523
1,966

r12,693
ri,i09
r624
r1,432
r4,771
r1,568
r1,993

r12,288
r947
r627
r1,492
r4,682
rl,622
r1,772

12,513
i,OI3
616
1,493
4,564
1,614
2,029

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

18, 118
5,662
3,006
902
962

18,201
5,765
3,21!
872
942

17,995
5,549
3,105
839
877

r!8,199
r5,586
r3,068
r857
r899

r18,069
r5,54!
2,975
877
925

18,130
5,517

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

12,456
1,134
629
1,351
4,482
1,474
2,016

12,436
I, 180
628
1,319
4,508
1,463
1,988

12,446
1, 103
630
i,347
4,624
1,480
1,974

r!2,6!3
r1, 136
r642
r1,370
r4,622
r1,500
r2,067

r 12,528
1,113
647
1,337
4,610
1,502
2,070

12,613

.do...
do...
do...
do...
d o e e .,
S9 ee s s
do...

25,100
I!,990
13,110
25,420
11,900
13,510

24,960
11,480
13,480
25,200
1 1,650
13,550

25,060
11,550
13,520
24,520
10,990
13,530

r24,620
11,420
r13,200
r24,590
r!1,060
r13,530

24,460
11,320
13,140
24,730
11,150
!3,580

_ _ Data for August 1961 are advance estimates,
!/

Digitized for 5070
FRASER


MONTHLY BUSINESS STATISTICS-Continued

3
196!

I960
ITEM

July

August

May

June

July

August

DOMESTIC TRADE—Continued
RETAIL FIRMS WITH 4 OR MORE STORES:
1. of do 1..

4,552

4,556

4,988

r5,!93

4,805

do....

4,110
4,259

4,094
4,248

4,263
4,282

4,462
4,371

4,133
4,360

11.6
12.9

13.0
13.1

12.8
13.3

r!2.8
M3.3

12.0
13.3

RETAIL FIRMS WITH II OR MORE STORES:
Estimated sales (seasonally adjusted), total
WHOLESALE TRADE:

1. of dol..
do....
EMPLOYMENT, HOURS, AND EARNINGS
EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS):
thousands..
TOTAL, UNADJUSTED (EXCL. ALASKA AND HAWAII)
.....do....
do....
do....
do....
Service and miscellaneous..

•••••••••

G o v e r n m e n t . . ..........ee.sesseeaeeeeeoseseBSBes s s a e 8 d o o s o s

PRODUCTION WORKERS ON MANUFACTURING PAYROLLS:
TOTAL, UNADJUSTED (EXCL. ALASKA AND HAWAII)

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

Lumber and wood products (except furniture). o o o e

.OO....

do....
do....
do....
do....
.....do....
do....
Textile mill products
...
»00,ee8S08 s e e c o Q O o 8 o o
Apparel and other finished textile products. ....-do....
do....
Printing, publishing, and allied industries. . . . . a O O . . . .

Indexes of employment:
Unadjusted

1947-49=100..
do

HOURS AND EARNINGS PER WORKER ON PAYROLLS OF MFG. ESTAB.:
Average weekly gross hours, all mfg. industries
hours..
do....
Avg. weekly gross earnings, all mfg. industries.. ..dollars..
do....
Avg. hourly gross earnings, all mfg. industries.. .....do....

52,923
!6,250
655
3,098
3,939
11,591
2,530
6,715
8,145

53,062
16,386
672
3,130
3,921
11,592
2,536
6,685
8, 140

52,407
15,726
630
2,799
3,773
11,446
2,528
6,753
8,752

r53,123
r 15,973
r640
r3,034
r3,8!8
r11,575
r2,556
r6,795
r8,732

r52,858
r15,932
r633
r3,094
r3,840
r 11,543
r2,584
r6,763
r8,469

p53,142
DI6.I94
p634
p3,158
p3,838
pI 1,538
p2,589
p6,738
P8.453

12,145
6,888
606
450
924
817
1,130
850
1,105

12,265
6,833
607
452
910
819
1,112
861
1,036

i1,643
6,595
551
420
877
788
3,082
836
1,059

ri1,860
r6,706
593
428
r898
801
rS,079
r844
1,064

rii,804
r6,65l
r59l
r430
r899
r788
r1,070
r836
r1,050

p12,057
p6,682
p596
p442
p9S9
p808
p1,072
p864
p952

5,257
1,064
848
1,060
444
568
537
153
322

5,432
1,142
859
1,107
451
573
538
154
331

5,048
951
823
1,035
435
567
535
144
311

r5,154
1,008
r833
1,047
r443
570
r534
rl45
321

r5,l53
r1,056
r823
r1,025
436
r570
r534
r!44
317

p5,375
pi,157
p837
p1,084
p443
p57l
p538
p!44
p330

98.2
99.6
169.0

99.2
98.3
169.2

94.1
95.6
164.8

95.9
96.5
r170.7 1

r95.4
r96.8
r169.4

p97.5
p96.6
p172.8

39.8
39.9
39.6
91.14
97.76
82.37
2.29
2.45
2.08

39.8
40.0
39.5
90.35
97.20
81.77
2.27
2.43
2.07

39.6
40.2
39.0
92.66
100.50
83.07
2.34
2.50
2.13

40.1
40.6
r39.5
94.24
101.91
r84.53
2.35
2.51
r2. 14

40.0
r40.3
r39.6
94.00
r101.15
r84.74
2.35
2.51
2.14

p40.1
p40.5
p39.7
p93.83
plOI.66
p84.56
p2.34
p2.5l
p2.l3

52,116
28,131
343
26,885
18,839

52,009
27,907
405
26,762
18,709

49,811
27,806
III
26,887
17,095

50,678
28,496
36
27,253
17,256

50,782
28,628
59
27,422
17,223

51,059
28,835
47
27,697
17,187

52,116
19,305
18,261
27,612

52,009
18,853
17,735
27,621

49,811
16,966
16,107
27,564

50,678
17,694
16,716
27,778

50,782
17,800
16,856
27,906

51,059
17,724
16,620
28,034

40.2

e s s s s UOe ess

40.3

38.4

37.9

37.7

37.6

288,338
285,285
241,088
44,198
3,053

288,672
285,634
240,413
45,222
3,038

290,146
286,845
242,342
44,503
3,300

288,971
285,672
240,629
45,043
3,299

292,404
288,998
244,800
44,198
3,406

293,714
290,658
245,086
45,573
3,056

134

157

225

240

239

249

47,620
354
683
19,144

47,596
355
476
19,005

47,712
371
436
17,403

47,754
370
455
17,550

47,808
342
423
17,527

47,865
393
438
17,451

[

FINANCE
FEDERAL RESERVE BANKS, CONDITION, END OF MONTH:
1. of dol..
do....
do....

do....
Ratio of gold certificate reserves to deposit and FR note
FEDERAL GOVERNMENT FINANCE:
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total.....mi 1. of dol..
do....
do
Obligations guaranteed by U.S. Govt., end of month..do....
U. S. savings bonds:

GOLD, MONETARY STOCK, U. S., END OF MONTH

r/ Revised. j>/ Preliminary. J/ Includes data for industries not shown separately.

Digitized for5070
FRASER


4

MONTHLY BUSINESS STATISTICS — Continued
I960
ITEM

I96S

June

July

16,293
8,060
47,086 •
4,670

15,705
7,014
55,776
5,431

May

June

July

2,756
7,113
51,474
6,386

7,f39
8,313
50,252
6,296

11,302
8,545
53,019
6, SIS

12,681
8,518
57,292
5,956

645
869
504

65 S
982
572

1,027606

Apr! 1

METALS AND MANUFACTURES
IRON ORE CiNCL e FOREIGN ORE)I
Receipts at Iron and steel p i a n t s s e e e e o t h o u s a of long tons.®
Consumption at Iron and steel plants,,,,,
«e«.««ado»,«,
Stocks, end of m o . t A t furnace y a r d s 0 e e s o e s . s e s . Q S , o » d o . < , , 0
At Ue

Se

dOCkS,aoooooo9«o8o0oeoodOoo6o

Castlngss
Gray Irons
Orders,unf1 I feoffor sale,end of s » 9 e « e t h o u s s of sh. t o n s s e
S h i pfT^fltS ,
FOT

t o t a fsaeseossessososeasses.aoe.aeseoeosesse ^® © ®© ©

Salessoooaesae^ogsoeeeeosaeoQeosasa^ocssaossae^CJOeeas

MaiSeab ie Irons
Orders, unfilled, for sal©,, end of month,,,,,,,.,,,,do,,,.
Shipments, total........... O o.«e e s e e . 9 0. a . e ®*,o,««*«,do,,,'.
8 Os

^oi^©©©®^®©©.©^©©©©©©©©©©©©©^©©©©©©©©©©©©©©©^®©

Stee1:
ShIpn$©n"f"sp
F Or

QOa ©©©

"t*o"t"9!-0©©©o^G©o©<5ss©©o©©©®o&o©oso©@©©©©a©©do©©©e

5 y ! @ $ { i i Q e 9 g @ « ) @ f i $ I 3 i 3 @ e « 9 « 0 & ® e Q e » a i j @ ® @ s ( » Q Q © < s i @ ® @ e o ® @ $30^ © @ ©

Foyndry equipment (new),, new orders, net
n » 8 avg s shipments, 1947-49=100.,
Industrial trucks (electric), shipments?
Hand Cmotor 1 zed)esa®e<5ao®s<!>se<Ss8»<se..6o©oeSB<3<!><=>GIBoee9number,.
RI der-type Q e s @ e a o S , e e a , s o e o e e e 0 S O S 6 9 o o < S O ( 8 e s « B 3 e a s Q e o s e e s e do©,..
Industrial trucks and tractors (gasoline-powered), ship*m @ n T S @©©©©©©0©©©©©©©©©©©s3©©@©@g>©©&&©©©©©e®ffie©©©@®©©0 OO© ©©©

MACHINE TOOLS (METAL-CUTTING AMD METAL-FORMING)s
New orders ( n e t ) , total oa e e e 0 e e » o s s e o e e o e e e f f l < » @ « m i le of dol».
UOfllQST l C a e o » a e o © © © a e s o @ e a e © o 9 e ® o e s « ® s o s ® a © © ® e s ® e f f l © © ©

QO© ea o

Shipments, totaleo»o»»«».e«...e.«e»o»..e.»eo«»«.<»ooeo.»do. es5 .
DOmeStf C.

e

e0

O 6

.

o

®

e e e

o«e

s o

..s

e

..o

S

s0.so

S t

i>e

S

e.,

3 e

,

s

,s©.

9 e

dO

e e s s

.

Estimated backlog {metal-cutting on!y) ee8OO60 oe©a,sooBK>nths (S . s
Ranges, electric, dom. and export sa1es 0 o . e e .......thousands..
Vacuum cleaners (standard t y p e ) , sales bl 1 l e d . „ 5 i s a . a . « o e d o . e o o
Washers, sales billed (domestic and export) J,/ 0 . a o. 00 «.«odo... 0
Radio sets, production 2/.,,..«.,.,,,,,,,.,,,,,o..«.....do....
Television sets (incl, combination), production £/......do...,
TEXTILE PRODUCTS
COTTON: 2 /
Consumptions...„. ,. 0 . B .,„.........«....,.. 0 thous 0 of bales..
Manufactures:
Spindle activity (cotton system spindles)^
Active spindles, last working day ..........<»«, thousands..
. Consuming 100 percent cotton........ e ...........do.,..
Spindle hours operated, all fibers, total,,...mi 1 1 Ions.„
Average per working day..............,,.......do.,..
Consuming 100 percent cotton.e.,,. ...,.„.....„...do....
MANMADE FIBERS (RAYON AND ACETATE):
Productions
Filament yarn...............«. . eoe ,. 0 ..,..«....mil. of lb..
Staple, incl, tow (rayon)9..........................doeooo
Stocks, producers 1 , end of m o e : Filament yarn...... e 6 d o . e a e
Staple (rayon),......do.,..

720
1,050
602

755
803 .
451

666

oe.«oo,e

64
73
43

74
50
. 29
-

48
56
31

52
68
40

52
67
40

S37
107

90
67

94
71

103
79

S09

164.8

80.0

-115.2

101.5

130.8

e @ . . . . .*,

507
523

499
502

393
426

385
372

427
376

395
393

2,087

1,523

1,892

1,952

1,844

1,753

55a 10
35.75
63.10
51.00
4.0
127,2
245.8
277e 0
1,551.5
518,9

42.95
28.35
51.30
41,40
3.9
102.9
223.0
217*7
890.4
268.9

47.65
36 e 00
53,70
39.65
4,9
128*4
265.0
209 o 7
1,124,9
405.8

49.60
37.65
57 8 90
43.95
4*8
I3S.6
240.9
247 . 9
S,I96S9
470*4

r6f.5Q
r37 e 80
r64.20
r42.5Q
r4.8
145*0
242.0
304 a 3
S,626e3
615.1

860

562

647

668

824

19,305
17,579
11,767
471
10,751

19,222
17,521
7,86 S
393
7,153

19,008
17,360
9,096
455
8,330

19,000
17,346
9,312
8,514

18,966
S7,297
SI,259
450
10,263

56*2
28.6
58 e 5
59,7

53.3
26,9
62.8
65*2

48.3
29*6
58.4
61.3

53 8 9
30.4
59.9
57.0

52.4
32.5
60 s 8
56.3

466

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p55.95
p35.25
pSI.IO
p33 s 95
p4*9
I04e0
213*9
228.4
r1,030.4
r383.4

540

I
|
!

18,992
17,279
7,530
376
6,798
52.7
32.0
63.7
58.6

r/ Revised, JD/ Preliminary. J/ Excludes sales of combination washer-drier machines! such sales (Including exports) totaled 5,400 units
In July 1961, 2/ Data for June I960 and June I96S cover 5 weeks; other months, 4 weeks. August 1961 preliminary estimate of production
(thous.): Radio sets, 1,381.7? TV sets, 511.2.
USC0MM-DC-5070

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