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tPgjjS^Co*, BUSINESS September 7, 1956 STATISTICS °* «US/NESS t«.°' A WEEKLY SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $3.25 annually, this Supplement provides selected weekly and monthly data subsequent to those published in the latest monthly SURVEY SELECTED BUSINESS INDICATORS INDEX, 1947-49 = 100 175 Monthly STEEL PRODUCTION (ingots and steel for costings) INDEX, 1947-49 = 100 17 5 Weekly ^ 150 h 1956 fs*A \r /V 125 h T 150 H 1955 125 I\ 25 100 -| 1 0 0 H V o Imll 7 5 I i i i i i i i i i i 1953 i i i i i I i i i i i 1 i i i i 1954 i I i i i i i 1 i i i i 1955 i I i i. i 1956 i i 1 ! i i i i i 75 J-FMAMJJASOND 1 i n i i i THOUSANDS 1,200 1,000 8 0 0 h- 600 I I I l I I I l I l i j JFMAMJ JAS0ND BILLION 35 DOLLARS B I L L I O N DOLLARS 70 BILLION 50 DOLLARS NEW CONSTRUCTION ACTIVITY MANUFACTURERS' SALES & INVENTORIES (seasonally adjusted) (seasonally adjusted) 30 H 60 Total Safes H 50 Private Residential (nonfarm) s. 40 Inventories* •••^4»»eeee«9 e«ae 0 { right scale) ^ BOOK VALUE, END OF MONTH 15 J I I I I I I I I II 1953 IIIII 1 I 1954 I M I I I I I I I I 1 I I I I I I I I I I j j3 0 1955 1956 0 8 < I ' I I I I I 1 I I I I I I I I I I I M I 1 I I I I I I I i i I I I M I I I I I.LJ-LL 1953 1954 1955 1956 WEEKLY BUSINESS STATISTICS1 1956 1955 STEM Aug, Commodity prices, wholesale: A 11 commod 11 ies ... I947-49= 100.. Farm products,................................-...«.do.... Foods, processed. ............ • .do.... AS I other. ...................................do..,. 22 commodities 2/. ..do.... Department store saIes do.... Insured unemployment, total ,, „ o s ,thous.. State programs do.... F i nance: Currency in circulation 3/99e.................mi1. of do!.. Federal Reserve bank credit outstanding, total 3_/....do.... Member bank reserve balances 3/ .do.... Excess reserves, estimated 3/ ....do.... Federal Reserve reporting member banks In leading cities:4V Demand deposits, ad justed.. „. ..mil. of do!,. Time deposits, except U. S. Government.... ....do.... Loans and !nvestments (adjusted), tota!•••••••••••.do.... U. S. Government obligations....... ......do.... Commercial, industrial, and agr. loans (gross)...do.... Real-estate loans (gross) do.... Failures, industrial and commercial................number.. Bond yields, domestic corporate (Moody's) 3/......percent..' Stock prices, 480 stocks (Stand.& Poor's) £/..1935-39=100.. Industrials, 420 stocks........,.........*.........do.... Production: Bituminous coal 3/ ...........thous. of short tons.. Electric power, by utiIities...............mi I. of kw.~hr.. Passenger cars and trucks (Ward's).................number.. Petroleum (crude) and condensate 3/. thous. of bbl.. Steel 5/,,,.,,,,,,,, ..........thous, of short tons*, Percent of capacity . 5 / . . . . . . . • • . . • • • •••....•••....•• Freight car loadings, total ,6/....... thous. of cars.. Miscel laneous do.... 27 Sept. 3 Aug. S S Aug* 25 Aug* 18 Sept. i 121.9 90.6 107 1,212 1,078 114.5 89.0 102.8 122.2 90.9 III 1,169 1,042 114.6 88.9 103.0 122.3 90.9 120 114.6 88.7 103.3 122.3 90.4 30,268 25,217 18,614 484 30,633 25,182 18,588 570 30,681 25,254 18,593 559 30,654 25,642 19,117 655 30,618 25,404 18,883 497 55,669 21,532 84,098 30,972 24,050 8,100 55,931 21,577 84,412 30,948 24,S7I 8,120 55,428 21,913 84,402 25,824 28,727 8,678 54,697 21,897 86,051 27,199 29,029 8,716 55,007 21,939 85,857 26 f 859 29,182 8,737 S80 3.30 311.9 355.5 215 3.3! 315.7 360.7 229 3.59 363.7 426.2 289 3.62 360.2 42 S.7 215 3.65 350.6 409.6 1,607 10,906 149,766 6,685 1,575 10,706 100,663 6,662 1,583 11,530 S27,648 7,086 1,647 11,794 120,027 7,122 1,658 1.1,340 88,621 7,127 2,186 #90.6 787 381 2,255 #93.4 794 384 1,415 57.5 715 344 2,154 87.5 770 367 2,359 95.8 770 371 89.2 ill •1,051 944 •110.9 •88.1 •101.9 *l17.5 89.2 125 1,019 914 30,288 25,425 18,673 573 IS4.2 89. S 102.4 3.68 348,9 407 . 6 '76,661 2,389 '97.0 U Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4/ Wednesday data. J5/ Week beginning September 3, 1956: Production, 2,429 thous. short tons; operating rate, 98„7 percent. J3/ Data for 1956 adjusted to revised classification of class I railroads. * Monthly index for August 1955. # Not comparable with 1956 rates which are based on higher capacity. MONTHLY BUSINESS STATISTICS 1955 1956 ITEM June GENERAL BUSINESS July Aprl 1 May June July 24,097 11,191 1,087 1,262 3,464 2,755 INDICATORS 8 Manufacturers sales: Value (unadjusted), total.....................mi 1. of d o ! . . 27,394 13,974 Durable-goods industries, tota! 1/.................do.... Primary metal,.. ..,. 0 . • ** •»• <> • •. • •*. • oo • •• • .« , 9 9 . d o , . . . 2,349 S,397 Fabr icated meta 1 do.... Machinery (including electrical).................do.... 3,682 3,529 Transportation equipment (incl. motor vehicles)..do.... 1,244 Lumber and furniture.............................do.... 716 Stone, clay, and glass.....................•••••.do.... 24,644 12,114 1,875 1,294 3,036 3,342 1,034 631 27,370 13,944 2,493 1,434 3,876 3,257 1,138 27,830 14,069 2,502 1,441 3,957 3,181 1,185 r27,741 r 14,235 r2,57l r1,484 r4,057 r3,119 r!,S67 698 738 735 13,420 4,377 343 1,148 844 1,955 2,338 488 12,530 4,148 3S6 952 776 1,753 2,276 453 13,426 4,040 13,761 4,322 27, II I 13,527 2,315 1,383 3,547 3,329 1,208 688 13,584 4,329 318 1,148 844 1,985 2,386 465 Nondurable-goods industries, tota! S/ 9 .............do.... Food and beverage..................••••*.••••••.•do.... Tobacco........................................• 8 do.... Texti1e....................................•.....do.... Paper............................................ d o . . . . Chemical................„..«.*...................do.... Petroleum and coal................................ do.... Value (adjusted), total.......... e a ..................do.... Durable-goods industries, total 1/.................do.... Pr s mary meta (.........••••••••.•••••••••••••••..<. do.... Fabr icated meta1.................................do.... Machinery (including electrical).................do.... Transportation equipment (Incl. motor vehicles)..do.... Lumber and furniture.............................do.... Stone, clay, and glass.. s e ...........,«..........do.... Nondurable-goods Industries, total 1/....,........*do.... Food and beverage................................do.... Tobacco..........................................do.... Text! I'e..........................................do.... Paper............................................do.... Chemlca1......................................... do.... Petroleum and coal........... ...............do.... rj Revised. j>/ Preliminary. ±/ 986 656 902 912 2,052 2,424 2,107 2,501 r13,506 r4,299 r337 r1,056 r889 rt,99? r2,50S 458 459 487 26,731 13,503 2,138 1,407 3,475 3,615 1,198 657 27,231 I3,5S9 2,442 1,434 3,740 3,001 1,105 27,814 13,754 2,472 1,486 3,935 2,972 1,129 r27,665 r13,850 r2,533 r1,484 r3,923 r2,97! rl, 155 26,118 12,501 1,251 1,372 4,006 2,967 1,120 705 716 693 683 13,228 4,223 316 13,712 4,245 14,060 4,312 13,617 4,209 348 346 S, 133 1,123 1, 125 320 ? ,056 367 1,046 834 884 931 1,844 2,299 1,970 2,499 2,097 2,633 rl3,8l5 r4,295 r324 rt,089 r889 r2,028 r2,552 471 445 464 464 Includes data for "other industries" not shown. 12,906 4,124 36 S 904 '833 1,836 2,459 .......... 344 1,063 895 1,966 2,484 .......... 3 MONTHLY BUSINESS STATISTICS — Continued I 1955 ITEM June July 1956 Apri 1 May June July GENERAL BUSINESS INDICATORS Manufacturers' inventories, end of month: of dot.. ...do.... ...do Transportation equipment (incl. motor vehicles).do.... ...do.... 43,855 24,574 3,201 2,656 8,009 5,865 1,773 906 48,170 27,955 3,536 2,962 9,458 6,877 1,830 1,053 48,834 28,446 3,658 3.037 9,655 6,889 1,868 1,057 r49,295 r28,521 r3,638 r3,052 r9,77l r6,795 r1,870 r1,072 49,023 28,099 3,678 2,953 9,642 6,647 1,855 1,070 6.6 10.0 7.9 7.4 11.5 9.0 7.6 11.7 9.2 7.9 11.6 9.0 8.0 11.6 8.7 19,221 4,108 1,764 2,450 1,034 3,053 2,686 875 19,28! 4,221 1,722 2,422 1,052 3,051 2,753 827 20,215 4,303 1,884 2,542 1,145 3,434 2,789 1,019 20,388 4,238 1,829 2,602 1,144 3,477 2,856 1,024 r20,774 r4,337 r1,785 r2,6i8 r1,181 r3,545 r2,924 1,015 20,924 4,458 1,767 2,622 1,211 3,561 3,017 7.6 2.9 8.7 7.6 2.9 8.7 8.3 3.0 8.9 8.2 3.1 9.1 r8.2 r3.l r9.5 8.2 3.1 9.6 43,779 24,457 3, 188 2,587 7,905 5,961 1,747 897 43,938 24,563 3,197 2,604 8,010 5,905 1,755 906 47,958 27,723 3,688 2,933 9,292 6,781 1,812 1,022 48,466 28,123 3,770 2,920 9,523 6,830 1,850 1,036 r49,090 r28,174 r3,7l8 r2,907 r9,563 r6,755 r 1,870 rl,06l 49,108 28,085 3,673 2,895 9,645 6,688 r,837 1,070 7.7 11.4 8.7 7.8 11.6 8.7 r8.0 rll.5 8.6 7.9 11.5 8.6 r20,9l6 r4,587 r1,879 r2,6l8 rI,181 r3,5l2 r2,953 21,023 4,599 1,880 2,596 1,223 3,544 3,017 r8.4 r3.1 r9.4 8.4 3.1 9.5 r28,8IO 15,236 r2,!80 r 1,401 r4,6!3 r3,842 r13,574 25,997 13,123 2,143 1,315 3,850 3,111 12,874 43,976 24,755 3,116 2,716 8,078 5,998 1,747 906 By stages of fabrications of dol.. ...do.... of do!.. ...do ...do.... ...do..-.. ...do.... ...do.... 6.5 10. 1 8.2 By stages of fabrication: of dol.. ...do.... of do 1.. ...do.... ...do.... ...do.... Transportation equipment (incl. motor vehicles).do.... By stages of fabrication: of dol.. ...do ...do.... 6.6 10.0 7.9 6.6 10. 1 7.8 20,443 4,467 1,866 2,526 1, 144 3,479 2,828 985 19,322 4,344 1,857 2,426 1,034 3,024 2,713 850 19,375 4,358 1,832 2,398 1,063 3.039 2,753 853 20,235 4,448 1,865 2,492 1,134 3,407 2,817 970 of dol.. ...do.... ...do.... 7.8 2.9 8.6 7.8 2.9 8.6 8.3 3.0 9.0 of dol.. ...do 28,314 14,571 2,328 1,640 3,929 3,548 13,743 26,100 13,347 2,316 1,445 3,639 3,234 12,753 27,556 14,257 2, 146 1,609 4,335 3, 188 13,299 27,945 14,223 2,488 1,492 4, 187 3,052 13,722 ...do.... New orders, net (adjusted), tota1.... o e .... ...do.... Durable-goods industries, total J./. Pc! mary meta 1..........,.«,,............... „..., ...do FabrIcated meta!....„.......•••....••••.•••..•< ...do Machinery (Including e lectrical)........ os ••••« ...do.... Transportation equipment (Incl. motor vehicles] ...do.... NoradurabSe-goods industries, total...... .... ..... ...do.... 27,795 14,033 2,477 1,562 3,734 3,225 13,762 27,044 13,571 2,33c 1,445 3,656 3,334 13,473 27,752 14,073 2,146 1,577 4, 122 3,188 13,679 28,803 14,732 2,392 1,538 4,460 3,213 14,071 r27,897 r14,185 r2,3l9 r1,334 r4,3l| r3,202 rl3,7l2 27,064 13,497 2,304 1,315 3,979 3,111 13,567 Unfilled orders, end of month.(unadjusted), total. ...do.... Durable-goods industries, total J/.. „ 0 » 0 .. .«««,„<,,. • . d o ® « o. Pr1mary meta1.................................. 0 9 e d o . . 9 . Fabricated metal,,.oa.,., 8 ,.. ( ,......,.,,.,,. . e o d o . . . B Machinery (including electrical)...... o e . # .... o e „ d o „ s o « Transportation equipment (incl. motor vehicles sas do a o. ffl Nondurable-goods industries, total......... e&e, 9 8 9 3 «do...• 49,32S 46,066 5,856 3,609 13,736 18,419 3,255 50,777 1 47,299 6,297 3,760 57,410 54,524 7,040 4,462 17,495 20,879 2,886 57,525 54,678 7,026 4,513 17,725 20,750 2,847 r58,594 r55,679 r6,635 r4,430 N8,28l r2 1,473 r2,9!5 60,494 57,611 7,691 4,483 18,667 21,829 2,883 654,333 371 360 552,881 529,945 101,081 82,400 570,486 362 304 474,010 459,070 96, 114 77,593 538,052 503 471 445,758 433,859 91,791 73,463 522,123 307 220 440,980 429,813 80,836 63,149 of dol... ...do.... ...do.... ...do.... ...do.... ...do.... ...do.... By stages of fabrication: Fifilshed goods. 0 ....e . Manufacturers 9 orders: „.... Durable-goods Industries, total J./........ ...do..oo ...do.... Transportation equipment (incl. motor vehicles) ...do.... 14,339' 18,311 3,478 8.3 3.0 9.1 TRANSPORTATION EQUIPMENT Motor vehicles,, factory sales, total........ ........ .number.. Coaches, tota1.....••............................. ...do.... Domestic. e .. 3 6 0 e .. 0 «••.•.•••••••••.••••••••••••• o e o d 0 9 S O O Passenger cars, tota1............................. B 0 9 9 do 0 ..-. Domest ic,.. e ».o 6 6 S , 8 ( ,e. 9 9 . 8 <,« 9 . s . 8 », e . e .e» .....do. •.. Trucks, total.• .•••••••.••••••••••••••••••••••••.•• , s ..do..., v Domestic....••. e ••••..................••.•••.•.• 0 . 9O do ffl8se r/ Revised. 1/ Includes data for "other industries8' not shown. 767,182 309 237 647,658 629,185 119,215 101,625 768,621 | 296 256 658,736 | 643,402 i09,589 93,739 j MONTHLY BUSINESS STATISTICS — Continued 4 1956 1955 ITEM May August July July June August COMMODITY PRICES Prices received and paid by farmers: Prices received, all farm products,,.. .... ..... 1910- 14=100.. CrOpS .............................................. dO. . . a Commercial vegetables, fresh market,,......., .... .do..,. Cotton,. ..<,„.. ..... . . . . . . . . ^ . . . . . . . . . . . o . ^ . ^ ^ d o . ... Feed grains and hay do,.,. Food grains •••.••••.•••••••..••.••.. ...do.... Fruit* .................. .. o ••.••.•.;;..do.... 01 1 -bear I ng crops..••.......•..•...••••..••.•.••• do.... Potatoes \Jm................ o • • • • • • • • •••••••.••..do.... Tobacco. •••...••••.••. do.... Dairy products.•••••••.••••••••••••••.••••••••• ..do..«,. Meat an f ma Is............'•'•••••••••••.•..•••••••••• do.... Woo i...•..••••••••••••••••.••...••«•••••••••••••. do.•. o Prices paid: All commodities and services................ .do.... Family living iten)5........ I .,,..,........,..... 9 do. < ., Production iterns••.•••••.••••••••••••••• do.... AS! commode, services, Int., taxes, and wage rates.do.... Par ity rat i o...•••••.••• • •• •• •. •. o...............do.... 236 236 206 271 190 222 236 257 171 435 232 228 208 277 178 214 208 246 145 436 242 252 272 270 192 226 233 265 283 454 247 263 310 273 192 218 266 259 338 453 244 258 286 274 194 216 225 250 387 453 237 236 230 263 197 218 210 249 203 451 236 242 259 179 249 236 249 251 191 240 233 247 251 178 23! 232 247 252 171 231 232 253 246 174 233 238 256 259 171 232 262 274 248 281 84 r26l 264 278 250 286 85 264 280 248 286 86 266 282 248 287 85 267 281 250 288 82 3,714 2,550 1,270 1,105 4,008 2,730 1,362 1,180 142 759 261 290 150 448 r4,194 r2,829 r!,4IO r1,225 142 786 268 301 159 462 4,261 2,842 1,402 1,220 140 786 273 294 161 481 1,278 357 127 535 r1,365 r38l rl34 r575 1,419 386 134 615 3,678 2,555 1,250 748 125 423 1,123 340 425 r3,69l r2,587 r1,270 758 125 424 r1,104 r340 r408 3,689 2,580 1,263 756 124 426 1,109 342 413 r130.8 131.3 273 247 r280 83 CONSTRUCTION AND REAL ESTATE 4,085 2,862 1,590 1,430 Nonresidential building, total 2/. . 9 ...,,.. 0 .do.... New construction (seasonally adjusted), total ....do.... 686 205 128 704 251 277 169 419 286 172 434 266 139 427 1,223 1,312 I, 164 384 123 491 380 131 569 337 470 3,598 2,607 1,435 641 133 3,638 2,620 1,433 658 132 3,686 2,559 1,257 744 126 127 668 199 385 991 342 343 Construction cost index: Department of Commerce composite.. r/ Revised. .......... 1947—49=100,. \J Includes sweetpotatoes and dry edible beans. 125.6 113) 385 423 1,018 1,127 335 376 327 443 125.7 r130.3. 2/ Except farm and public u t i l i t y . PENALTY FOR PRIVATE USE TO AVOID PAYMENT OF POSTAGE, $300 UNITED STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C. OFFICIAL BUSINESS FIRST CLASS WEEKLY SUPPLEMENT SURVEY OF CURRENT 4,205 2,893 1,587 1,435 1 19 BUSINESS