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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