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September 27, 1957 ^ • I N C O M E JPAYMENTS p ^ ^ s SURVEY OF CURRENT BUSINESS 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 4 7 - 4 9 = fOO INDEX, 1 9 4 7 - 4 9 = 100 200 1200 Weekly J75 1956 \ 150 L \Jr 125 STfifKE PERIOD 1954 1956 S955 100 I I J I 1, 1 1 U J JFMAMJJA&OttD 1957 BILLION DOLLARS BILLION DOLLARS 100 100 Average of Wednesday data TOTAL LOAMS A N © INVESTMENTS Wednesday date (Federal Reserve Weekly Reporting Member Banks) 95 h 95 90 h 90 1957 J .v. i 85 / 1956 H so 7 5 L»l I I » I I I t I I I i I I I \ I I I I I i I i i i i l 1 i I i I t 1956 1955 1954 I I i l 1 i I I i l I t 1957 INDEX, 1 9 4 7 - 4 9 = 100 INDEX, 1 9 4 7 - 4 9 = 100 1251 120 CONSUMER PRICES ^-l^J-i-Jt J F- M A M J ,1 I I I I u J 7 5 J A S O N D COTTON CONSUMPTION (daily average; seas, adj.) 120 110 All Items too l-IOh /V M i ^Vv 9 0 hFood 105 U I I M I M I M 1 I I I I M I M IJ I I I I I I I I I I » I I I I M I I I M I 1954 1955 1956 1957 8 0 1 i i n i I i i i i i 1 i i i i JI i i i i i 1 1954 1955 1 i i i i i I i M 11i i . i i i 1956 1957 WEEKLY BUSINESS STATISTICS1 2 1957 1956 iTEM Sept. 15 Sept. 22 91.2 130 1,099 1,006 •115.5 •90.1 •104,0 •123.1 91.9 131 1,013 930 30,910 25,934 19,088 694 55.777 22,046 85,868 26,545 29,554 8,775 203 3,74 47.05 50.41 Aug. 31 Sept. 7 Sept. 14 Sept. 21 Commodity prices, wholesale: 1947-49=100.. do.... , do.... Federal Reserve bank credit outstanding, total 3/ do.... 88.4 134 1,165 1,069 118.3 93.0 107.3 125.9 88.3 113 1,203 1,106 118.1 92.5 106.7 125.8 87.9 130 117.8 90.7 106.0 125.8 87.4 30,810 25,852 19,220 696 30,998 25,133 18,831 461 31,145 25,228 18,760 455 31,256 25,408 18,876 607 31,184 25,719 19,108 55,908 1 22,009 1 85,843 26,383 29,694 8,798 1 54,973 23,633 86,470 24,914 32,012 6,696 54,413 23,665 86,281 24,787 32,046 8,683 55,671 23,745 86,581 24,762 32,279 8.708 262 3.76 1 46.24 ! 49.44 262 4.4! 44.64 48.20 208 4,42 45.05 48.69 237 4.42 44.26 47.83 F i nance: .do,... Federal Reserve reporting member banks in leading cities: £ / Time deposits, except U. S. Government.. Loans and investments (adjusted), total. do.... do.... Commercial, industrial, and agr. loans (gross)....do.... do Real-estate loans (oross), Bond yields, domestic corporate (Moody's) 3/ Dercent.Stock prices, 500 stocks (Stand. A Poor's)""4/... 1941-43=10.. ...ft do.... Production: 8ituminous coal 3/......,,,.„.,.......thou s. of short tons.. Electric power, by utilities...<,.,..»...., ..mil. of kw.-hr.. Petroleum (crude) and condensate 3/.,...•• ...thous. of bb1.. thou s. of short tons.. Stee 1 5/ Freight car loadings, total••••••••.•••••••.. ••thous, of cars,. do 1,767 11,339 83,874 7,049 1,675 11,482 49,822 7,063 1,677 12,147 139,378 6,766 1,716 11,678 108,120 6,807 1,683 11,947 102,593 6,821 2,477 #100.6 821 392 2,477 #100.6 822 397 2,103 82.2 2,073 8i.O 646 308 2,097 81,9 741 353 1 745 357 686 287 4.44 44.69 48.29 64,386 2,101 82.1 U Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4/ Wednesday data. 5/ Week beginning September 23, 1957: Production, 2,112 thous. short tons; operating rate, 82.5 percent. • Monthly index for September 1956. # Not comparable with 1957 rates, which are based on higher capacity. MONTHLY BUSINESS STATISTICS 1957 1956 ITEM C0MM0OITY Consumer price July May August June July August PRICES index: 1947-49=100.. do.... do.... do.... do.... do.... 117.0 105.3 114.8 108.7 135.2 99.3 116.8 105.5 113.1 109.2 120.7 99.9 119.6 106.5 114.6 110.0 122.5 103.7 120.2 106.6 1(6.2 I 10.0 126.8 106.9 120.8 106.5 117.4 110.5 126.9 109.5 do.... do.... do.... do.... 121.8 III.7 102.8 133.2 122.2 112.1 102.6 133.2 125.3 M2.3 104.2 134.7 125.5 112.3 104.6 135.0 125.5 112.3 104.1 135.2 125.7 113.3 103.9 135.4 do.... do.... 132.7 120, 1 107.7 133.3 120.3 107.9 137.3 123.4 111.4 137.9 124.2 II 1.8 138.4 124.7 112.4 138.6 124.9 112.6 do.... do.... do.... 127.7 117.6 172.7 122.2 128.5 118.6 172.9 122.1 135.3 125.4 176.8 124.3 135.3 125.4 176.8 124.6 135.8 125.6 180.2 126.6 135.9 125.6 180.6 126.7 do.... do.... do.... 87.7 85.5 87.1 87.2 85.6 88,4 85.4 83.6 87.3 85.2 83.2 86.1 r84.6 82.8 85.2 2/84.5 2/82.6 2/84.8 4,795 408 1,893 2,494 8,398 1,486 3,219 3,693 9,772 2,284 4,209 3,279 11,086 1,917 6,151 3,017 8,896 845 4,581 3,471 5,292 336 2,497 2,459 1/121.0 106.6 1 17.9 111.5 121.3 1 11.9 Purchasing power of t h e dollar as measured b y — 1 CONSTRUCTION A N D REAL ESTATE Highway concrete pavement contract awards: 3/ . of sq. yd.. Airportsec9soa.e.oes6 e,dO.... do.... £_/ Revised. £ / Preliminary. U Index based on 1935-39=100 is 202.3. 2/ Indexes based on i935-39=i00 are as follows: Measured b y — Digitized forwholesale FRASER prices, 44.2; consumer prices, 49.4; retail food, 42.0, 3/ Data for August 1956 and May and July 1957 are for 5 weeks; other months, 4 weeks. http://fraser.stlouisfed.org/ 12578 Federal Reserve Bank of St. Louis MONTHLY BUSINESS STATISTICS —Continued 3 1957 1956 ITEM July FINANCE Federal Government finances * Receipts, tots I.. ., •••mil, of dol, Recelpts, net,••..................... ••«...•.do.•, Customs........... .•••.....•... .....do.., Income and employment taxes.........................do.., Miscellaneous internal revenue .....do.., All other receipts....... ...do.., Expend i tures ••••• • ............... .do.., Interest on public debt .......do.. All other expenditures..... ...do.. TRANSPORTATION AND COMMUNICATIONS Operations on scheduled airlines: Miles flown, revenue.....,.,....•..,......,..•...thousands, Express and freight ton-miles flown...................do,,, Mail, ton-miles flown .•••••••••••••••••••••••••do.., Passengers originated, revenue........................do.., Passenger-miles flown, revenue,,.,.. .......millions, CHEMICALS AND ALLIED PRODUCTS Organic chemicals, production: Acetic acid (synthetic and natural), prod.....thous. of lb, Acetic anhydride, production......... ............do.,, Acetylsalicylic acid (aspirin), production ....do.., .Alcohol, ethyl: Production..,.,... ....thous. of proof gal, Stocks, tota I .do,., in industrial alcohol bonded warehouses.• ••••do.,, In denaturing plants..............................do,. Used for denatur at ion. •••• do.. W i thdrawn tax-pa id................,.,,..,.. do.., Alcohol, denatured: Product ion,,,...,,..,,,.,....,,......,thou5, of wine gal, Consumpt i on (w fthdrawaIs)..,,,....,»,,...0......0...do.. Stocks. .do.. Creosote oil, production........... .thous. of gal, DDT, production •• ••••..••••thous, of lb, Ethyl acetate (85#), production,... do.. Ethylene glycol, production..... .......do.. Formaldehyde (37# HCHO), production ....do.., Methanol, production: Natural (I00£) ....thous. of gal Synthetic (lOQjO do.. Phthalic anhydride, production................thous. of lb, Synthetic plastics and resin materials, production: Cellulose acetate and mixed ester plastics: Sheets, rods, and tubes....... .thous. of lb Molding and extrusion materials.....................do.. Nitrocellulose sheets, rods, and tubes...... ..do.. Other cellulose plastics. .....do.. Phenolic and other tar acid resins.... ..........do.. Po lystyrene. •••••• ••••••• do. • Urea and melamine resins. .....do.. VInyI resins.......................<,............•.<>...do.. AIkyd resi-ns ••••••• • .do.. Rosl n rrod i f i cat Ions. do.. Po I yester res ins do.. PoIyethyIene resins.••••••••••••••••••••••••••••.••••.do.. Mi see I laneous. .do.. FOODSTUFFS Rice, California: Receipts, domestic, rough........ thous. of lb, Shipments from mills, milled rice.,... do.. Stocks, rough and cleaned (cleaned basis), end of month. ..•..••. ••••••• .do.. LUMBER AND MANUFACTURES Lumber (National Lumber Manufacturers Association): Production, total... mil. of bd. ft, Softwoods *.... ..do.., Shi pments, tota I.. do.., Softwoods, .•• ••...•.•.•••........ ....do.., Stocks, gross (mill and concentration yards), totaI..,do.., Softwoods , do,., f, August May June July 3,927 3,485 63 2,601 970 292 5,959 4,954 64 4,772 1,030 93 7,759 5,282 64 6,403 1,146 147 p12,779 pi 1,648 p58 pi 1,364 p964 p392 3,734 3,057 70 2,223 1,082 358 5,542 627 4,915 5,902 567 5,334 5,944 604 5,340 p6,190 p646 p5,544 6,347 659 5,688 54,891 18,069 6,810 3,097 1,878 55,582 22,256 7,408 3,392 2,007 59,863 23,609 8,356 3,433 2,016 59,655 22,396 7,628 3,707 2,333 62,058 21,969 7,552 3,525 2,253 44,480 73,797 1,271 47,922 72,202 1,046 38,895 61,546 1,473 46,982 67,377 1,223 45,543 67,140 943 41,746 40,613 28,898 11,715 38,960 574 38,201 43,576 30,807 12,770 36,692 917 33,444 26.510 17,529 31,755 26,597 18,018 8,980 33,510 1,044 8,579 30,793 1,071 36,560 28,542 19,880 8,662 35,910 725 Oft ft T O 19,050 8,678 19,770 20,930 7,356 18,533 19,046 8,181 16,665 17,752 5,978 19,403 19,005 5,561 5,368 11,927 6,736 72,263 86,139 9,123 12,138 8,111 84,495 108,512 11,052 12,880 6,061 98,873 104,614 9,603 11,023 8,151 98,789 r100,606 200 19,054 24,965 196 19,720 24,143 201 16,329 31,444 187 14,108 30,519 9,171 10,485 8,038 106,183 93,383 186 16,692 27,400 2,355 5,872 344 370 31,207 41,277 3,815 7,395 443 554 37,826 44,288 3,658 7,672 412 466 39,251 48,598 4,094 7,794 270 468 r35,56l r43,309 2,872 6,621 233 341 32,607 38,889 15,901 49,751 25,730 8,729 5,641 45,998 11,740 21,171 57,121 30,421 11,398 6,634 49,790 13,140 23,971 71,363 34,715 11,749 8,525 56,170 15,118 r22,268 r6R,3?7 32,120 11,000 8,178 56.074 14,900 18,057 63,272 27,858 8,981 7,209 55,357 14,428 68,841 31,314 90,993 56,065 98,507 76,095 87,304 52,665 62,147 39,704 72,683 75,444 39,423 44,158 42,424 3,067 2,434 2,949 2,438 8,716 5,388 3,538 2,880 3,262 2,706 8,991 5,561 3,050 2,560 3,119 2,609 9,929 6,163 2,934 2,442 3,005 2,500 9,928 6,176 2,700 2,230 2,788 2,358 9,723 5,956 1,107 5,143 6,945 6,660 6,692 2,536 2,379 57 2,266 2,035 65 2,285 2,207 77 2,351 2,124 71 2,156 2,050 86 METALS AND MANUFACTURES Pig iron, production thous. of short tons, Barrels and drums, steel, heavy types (for sale): Orders, unfilled, end of month.. .........thousands Shipments ».,....... ••••••........ .do.. Stocks, end of month...... •••••...•.........do.. rj Revised. j>/ Preliminary. 12578 MONTHLY BUSINESS STATISTICS — Continued 4 S957 S956 ITEM July August May June July August METALS AND MANUFACTURES - Continued Aluminum shipments? Mill products and pig and ingot (net)......... 6S mi S. of lb.** MI S1 products, tota 1 •,••••..•..•••...••.....••.••••, do..... Plate and sheets • .•••••••••••••••••••••• ••••••••••do..... Lead: Production, secondary, estimated recoverabIe.. 89 short tons.. Consumption, tota!••••••••••••••••••••••••••••••••••••do e ... Stocks, ®nd of month; Producers 8 , ore, base bullion, and in process.„.....do®.99 Refiners 1 (primary), refined and antimonial.........do.... Consumers 5 , tota(••••••••••••••••••••..•••••••»•••• 9 do„,.. Scrap (lead-base, purchased), all consumers..••••••.do.... furnaces. Industrial, new orders, nets Electric process.ng.*........................thous. of dol 0 a Fuef-ftred (except for hot rolling steel).............dq«... 354 9 6 247,8 S39 9 6 3I3 9 3 217.8 104*3 342.8 2499 0 I30 9 0 r320 9 8 r227 a 4 riIT. 1 33,094 85,900 33,536 105,900 36,750 94,000 32,672 90,800 126,960 47,628 123,695 50,798 133,028 37,706 184,066 53,339 117,022 54,941 106,728 46,295 120,706 64,065 99,652 41,762 369.4 248.8 130,3 oeaffo.sfflss © S S © « , O O S < 9 © 9Ooso©e0©a ...o.e.e.. oaasaso©©. 3o®o©ao»oo 134,039 © o a a © o e a a » ©90 ® . . . . .. O O O O S O O S O Q eeoee, s o s o o .... ...... • ©o©p,©ooaee sooooooeo© S,089 2,726 3,263 j 2,988 S,279 2,048 1,261 1,320 S,487 2,404 894 2,673 532.5 543 a l 122,2 570 9 4 559.3 j 133.3 573.0 574.3 2l6 a 0 532.0 548.5 199.6 549.2 578.8 169.9 560.3 524.0 206.2 388.8 138.5 137.3 402.5 ! 154,3 ! 153.5 466*0 I7S.2 172.5 433 e 9 159. 1 I56 a 8 373ffi5 I44 8 4 143.1 386.4 156.5 153.7 7.7 449 e 8 102.5 8.5 518.5 IS4.0 9.6 589.7 96*5 61.9 585.6 101,8 13.2 : 653.4 101.5 15.9 704.9 100.6 547,480 r686,428 672,756 649,700 637,345 • 666,549 r20,468 ^ 18,912 r9,545 477 8,849 19,781 18,246 9,223 461 8,533 19,740 18,174 9,088 454 8,396 19,754 18,067 9,361 374 8,481 19,704 18,079 9,S23 456 8,368 56 a 6 29.2 123.3 67,5 55.8 56.5 30.1 120.8 67.0 53 a 8 62.2 34.1 122.7 679 2 55.5 55.8 29.6 125.6 69.7 55.9 r55.7 r32.7 r124.5 r69 8 9 r54.6 51.7 38.0 120.2 67.2 53.0 5,188 4,927 2,793 '261 6,000 5,651 3,253 349 5,574 5,316 2,665 258 5,110 4,603 2,364 507 4,059 3,917 2,039 142 PAPER AND PRINTING Newsprint, Canada (including Newfoundland)! Production, o a o s a a 9 e a .«, a • ••••••••••••••thoti&. of short tons 9a Shipments from iills 4 , 9 , e4 ,,»,, 9996S ,,„,,i.»( 1 ,».» s .,« e c!o,,. 8 Stocks, at mi Sis, end of month.•••••••••••••••..••••..do.... Newsprint, United States? Consumption by pub!ishers.............•••,...•••••••••do*.,. r r O O U C T 1 O n © e © © s o o ® e e « > a e © 3 « . » £ 5 e ® e o s o ® Q O o o o o < » e e © e < 3 « o < > < > < » o . 0 O . <B a a S h i p m e n t s from mi I is.. » 0 a e e ^ 3 » o e B O 9 o 0 9 . o S 9 9 « a a e s S < 8 e9,, ado,, e<!,s Stocks, end of month: At pubf Ishers..„.,..... ,oo...do,M. In transit to pubiishers*9a@o •• ... «.*.« 9 9 9 o,. 9 s o e 9 9 e .dQ. 9 a . TEXTILE PRODUCTS Cotton? 1/ Consumpt ion$l)ei»,99Il..ee9..«o..e9il.M...8.Ms<>«..»>e«.i)9issM Manufactures? Spindle activity (cotton system spindles)? Consuming 100 percent cotton. ««,..„ *..«....,., 99 6 d o 8 a96 Spindle hours operated, all fibers, total e o o mil 8 of hr a 8 20,557 19,019 7,716 386 7,131 Rayon and acetate? Production? TRANSPORTATION EQUIPMENT «eeee««oee r/ Revised. U Data for July 1957 cover 5 weeks? other months, 4 weeks. USC0MM-DC-12578 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 AVOID PAYMENT OF POSTAGE, $300
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