BUSINESS June 7, 1957

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, 1941-43 = 10 7 0

6 0

PRICES OF 425 INDUSTRIAL STOCKS (Wednesday close)

4 0

i i » I i i i i i I i > i t i I i i i i i

Monthly

J _ l J - J L J L J „ 1954 1955 1956

INDEX, 1941

j Weekly

! 1956

\

_ 195?

- 4 3

—

\r A

-J

= 10 7 0

6 0

5 0

4 0

3 0

1957 J F M A M J J A S O N D

INDEX, 1947-49 = 100 2 0 0

175

150

125

100

INDEX, 1947-49 = 100

I 2 0 0 Weekly

1957

STRIKE PERIOD

.11 I I I J I I -LJ-^-L

175

150

125

100 1954 1955 1956 1957 J F M A M J J A S O W D

BILLION DOLLARS 3 5

BILLION DOLLARS 7 0

MANUFACTURERS' SALES & INVENTORIES (seasonally adjusted)

/ Inventories *

{ r i gh t scale)

I 5 UaO_ijjLL_LLJ_L i i i « i I i i I I I

* BOOK VALUE, END OF MONTH

t I I I I I I l I 1 I I I I t l I I I 1 M -

4 0

3 0 1954 1955 S956 1957

INDEX, 1947-49= 100 180

—I 60 I 6 0 h

5 0

DEPARTMENT STORE SALES & STOCKS (seasonally adjusted)

Stocks (end of month)

,1 I II I I I I I I I 1954 1955 1956 1957

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

WEEKLY BUSINESS STATISTICS1

ITEM

Commodity prices, wholesale:

Department store sales ,. s o

Finance:

* e e e o e » e « e « e G O . & a »

Federal Reserve bank credit outstanding, total J/,*..do,...

Federal Reserve reporting member banks In

Time deposits, except U. S. Government,, Loans and investments (adjusted), total.

Commercial, industrial, and agr. loans

Bond yields, domestic corporate (Moody's) Stock prices, 500 stocks (Stand. & Poor's)

Production:

Passenger cars and trucks (Ward's),...,...

Stee 1 ]5/. •,. • o *thous

leading cities:^/

(gross)...do....

3/ O C S 0 S 8p@rcent s s

4/..1941-43=10..

. of short tons.,

.mi 1. of kw.~hr9.

..thous. of bbl..

• of short tons..

.thous, of cars..

1956

May 26

1 ..9...S.O

I 9oIi 117

1,263 1,188

30,317 25,310 18,809

534

55,444 21,687 85,115 26,877 28,093 8,494

273 3*46

45.02 47.84

1,657 10,927

129,804 7,071

2,396 #97.3

788 385

June 2

*S!4.4 *90.9

*!02.4

•121.7 88.3 109

1,322 1,247

30,327 24,995 18,569

342

55,521 21,684 84,724 26,873 27,784 8,503

238 3.46

45.11 48.04

1,555 10,598 J 94,899 ' j 7,037

2,370 #96.3

719 352 |

| 1957

May 11

117.2 90.2 104.4 125,4 88.2 133

!,451 1,356

30,589 1 25,177

18,984 497

55,273 23,213 86,087 25,552 31,338 8,665

267 4.0!

46.3! 49.51

1,614 11,311

149,122 7,434

2,220 86.7 723 352

May 18

117.2 89.7 105.0 125.3 87,6 120

1,441 1,346

30,654 25,031

18,845 450

55,057 23,276 85*905 25,221 31,569 8,699

264 4,02

46,83 50,17

1,601 11,519

150,528 7,51!

2,155 84.2 723 350

May 25

117.2. 89.7 105.3 125.2 88.3 3S6

30,645 25,070 18,818

492

55,15! 23,356 85,626 25,114 31,328 8,664

309 4.03

47.14 50.53

1,625 1 1,574

150,835 7,457

2,212 86.4 723 343

June I

117.2 89.9 105.3 125.2 88.7

30,660 24,833 18,616

31 1

225 4.06

47.11 50.57

99,921

2,252 88.0

J./ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Daily average. 4/ Wednesday data; S&P's index on revised basis. j?/ Week beginning June 3, 1957: Production, 2,274 thous, short tons"; operating rate, 88.8 percent. ^Monthly index for May 1956, #Not comparable with 1957 rates, which are based on higher capacity.

MONTHLY BUSINESS STATISTICS

ITEM 1956

March Apri I

1957

January February March Apri I

GENERAL BUSINESS INDICATORS

Manufacturers' sales: Value (unadjusted), total , ..mil. of do!.

Durable-goods industries, total J./. ......do... Pr imary met a I ...», .do. • • Fabricated metaI .do.• • Machinery (including electrical).. do... Transportation equipment (incl. motor vehicles)..do... Lumber and furniture .do... Stone, clay, and glass .do...

Nondurable-goods industries, total J/ do,.. Food and beverage. ; ........do... Tobacco. •• ,4 do. • • Texti Ie. do.. • Paper do... Chemica I do. •, Petroleum and coal.... do... Rubber • ...do...

Value (adjusted), total ,.do... Durable-goods industries, total ±/ do..,

Pr imary meta I do. •. Fabr i cated meta I....* do... Machinery (including electrical) ...••••do... Transportation equipment (incl. motor vehicles)..do,., Lumber and furniture* •• do... Stone, clay, and glass... do..<

Nondurable-good^ industries, total J./... ..do.., Food and beverage. •»«.do.• , Tobacco. •••• ••• do... Texti ie ••••.. do.., Paper ••••••••••••.. .....do.., Chemi cat • do. •. Petroleum and coaI.... ••• • •.do..< Rubber ••.••.•••••«•. •.do. •,

rf Revised. ±/ Data include "other industries" not shown

28,505 14,290 2,607 1,427 3,949 3,313 1,190 696

14,215 4,229 313

1, 168 938

2,059

2,616 460

27,095 13,294 2,444

1,385 3,630 3,021 1,102 676

13,801 4,284 323

1,123 893

1,939 2,567

451

27,370 13,944 2,493 1,434 3,876 3,257

1,138 69P

13,426 4,040 320

1,056 902

2,052 2,424 458

27,231 13,519

2,442 1,434 3,740 3,00? 1,105 705

13,712 4,245 348

3,123

884 1,970 2,499

28,924 14,469 2,540 1,544 4,064 3,814 970 614

14,455 4,429

338 1,122 930

2,155 2,969 483

29,183 14,642 2,444 S,56a 4,205 3,782 1,010 690

14,541 4,569 356

1,100 912

2,095 2,883 474

27,798 13,999

2,335 1,467 4,120 3,666

945 599

13,799

4,249 3!2

1,096 844

1,968 2,649 452

, 29,130 14,726 2,396 1,544 4,225 3,847 1,038 713

L 14,404 4,520 363

1,191 870

i 2,023

1 2,731 476

r29,762 r15,057 r2,540 r1,570 r4,452 r3,795 r1,027 r7!6

r14,705 r4,496 r32l

r 1,129 r903

r2,187 r2,825

486

r28,770 r14,438 r2,380 r1,524 r4,!7l r3,706 r997 r73l

r 14,332 r4,562 r345

rl,H8 r860

r2,057 r2,7!6

28,937 14.677 2,444 1,561 4,300 3,617 1,065 714

14,260 4,381 341

1,090 930

2, !25 2,695

28,549 14,100 2,395 1,561 4, 103 3,392 986 687

14,449 4,583 355

1,112 9S2

2,038 2,778

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

MONTHLY BUSINESS STATISTICS — Continued 3

ITEM

GENERAL BUSINESS INDICATORS - Continued

Manufacturers' inventories, end of month:

Machinery (including electrical) ••••••••< Transportation equipment Unci, motor vehicles

i »pei eeee.«a«eee9oeee.eeee,eeeeeeeeeeeee@eeea«

Transportation equipment Unci, motor vehicles

Texti ie

Rubber•••«•••,•.•••••••.••,•••••••,,,••.,,•»•, Manufacturers1 orders:

Transportation equipment Unci, motor vehicles).

Transportation equipment (incl. motor vehicles).

Unfilled orders, end of month (unadjusted), total,,.

Transportation equipment (incl. motor vehicles).

EMPLOYMENT

Labor turnover in manufacturing establishments:

Lay-of f..... Quit......... 9

ELECTRIC POWER Electric power:

Sales to ultimate customers, total (Edison Electric

Commercial and industrial: Small light and power..,•••••.•«••••••••.•••«••< Large S ight a#d power•«..••••••••.••••••••••••.,

Railways and rai8roads..•••••«••«•••..«,•••••••••« Residential or domestic...,•.•»»••••.••«...•••••»« Rural (district rural rates)..«..,.»,...........,, Street and highway tighting....»».«......».......,

Revenue from sales to ultimate customers (Edison

of do!..

e edO,„, .

, ,do,9•. O.do...,

,.do....

,.do.,..

..do.... aedO....

..do....

..do....

..do....

).do.... ,,do....

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

..do..,.

..do....

••do....

..do....

..do....

..do.,..

..do....

..do,,..

..do.... •.do....

..do....

loyees.. ..do.... ..do.... ..do.... ..do.... ..do....

kw.-hr.. ..do.... ..do....

kw.-hr..

..do....

..do....

..do....

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

of del*.

!956

March

47,674 27,592 3,524 2,935 9,222 6,875 S,792 1,040

20,082 4,323 1,926 2,506 1,139 3,406 2,729 .1,018

47,433 27,432 3,677 2,877 9,094 6,800 1,792 1,010

20,001 4,39! 1,870 2,457 1,117 3,361 2,785 979

28,593 14,557 2,613 1,538 4,162 3,173 14,036

26,912 13,337 2,333 1,373 3,877 2,884 13,575

57,224 54,211 7,387 4,287 17,036 20,948 3,013

3.1 3.5 .3 1.6 1.4 .2

57,618 50,344 7,274

*44,792

*7,094 *22,665

#427 * 12,542

*682 *453 *88l *48

#733,57!

April

48,170 27,955 3*536 2,962 9,458 6,877 1,830 1,053

20,215 | 4,303 1,884 2,542 1,145 3,434 2,789 1,019

47,958 27,723 3,688 2,933 9,292 6,781 1,812 J 1,022

20,235 4,448 1,865 2,492 1,134 3,407 2,817 970

27,556 14,257 2,146 1,609 4,335 3,188 13,299

27,752 14,073 2,146 1,577 4,122 3,188 13,679

57,410 54,524 7,040 4,462 17,495 20,879 2,886

3.3 3.4 .3 1.4 1.5 .2

54,519 47,489 7,030

**44,108

**6,962 **22,503

*#398 **I2,2II

**684 **4!2 **895 **42

**724,794

1957

January

51,971 30,037 4,325 2,989 10,092 7,526 1,804 1,078

21,934 4,885 2,097 2,645 1,258 3,792 3,022 1,015

5 5,498 29,884 4,259 3,019 10,070 7,430 1,804 1,057

21,614 4,712 1,942 2,672 1,258 3,721 3,113 995

28,652 14,362 2,293 1,515 4,177 3,669 14,290

28,935 14,393 2,316 1,595 4,209 3,669 14,542

62,134 59,335 7,486 4,451 19,283 23,901' 2,799

i 3*2 1 3.3

.2 i !*5 1.3 .3

62,938 55,503 7,435

47,693

7,640 23,795

412 13,561

1 784 487 39 973

784,979

February

52,291 30,337 4,335 3,044 80,219 7,552 1,810 1,117

21,954 4,768 2,103 2,655 1,302 3,850 3,022 1,015

51,903 30,190 4,342 3,044 10,193 7,511 1,810 1,074

21,713 4,706 1,965 2,655 1,264 3,796 3,084 985

27,438 13,713 2,446 1,509 4, 147 3,139 13,725

28,228 13,979 2,375 1,540 4,212 3,304 14,249

61,774 59,049 7,597 4,493 19,310 23,374 2,725

2.8 3.0 .2 1.4 1.2 .2

55,374 48,666 6,708

46,217

7,583 22,640

373 13,389

758 440 45 989

775,742

March

r52,626 r30,648 r4,276 r3,101 r10,304 r7,665 r1,846 rl,l33

r21,978 r4,647 r2,076 r2,670 r1,345 r3,874 r3,068 1,029

r52,263 r30,388 r4,408 r3,040 r!0,!60 r7,557 r1,846 r8,100

r21,875 r4,752 r1,996 r2,6!8 r1,293 r3,82l r3,131

989

r29,259 r14,724 r2,633 r 1,567 r4,327 r3,492 r 14,535

r27,670 r13,524 r2,35l r1,438 r4,032 r3,175 r 14,146

r6l,27l r58,7l6 r7,690 r4,490 r19,185 r23,07l r2,555

2.8 3.3 .2

rl.4 1.3 .2

59,765 52,447 7,318

*

Apri 1

52,655 30,819 4,220 3, 194 10,370 7,694 1,824 1,155

21,836 4,503 2,070 2,630 1,336 3,893 3,092

52,482 30,587 4,399 3,162 10,188 7,595 1,806 1,121

21,895 4,691 2,050 2,578 1,323 3,863 3,123

27,648 13,323 2,118 1,469 4,036 3,212 14,325

27,804 13,214 2,184 1,440 3,839 3.212 14,590

59,982 57,362 7,364 4,398 18,921 22,666 2,620

p2.8 p3.2 P.2 pl.5 pl.3 P.2

57,702 50,669 7,033

£/ Revised. j>/ Preliminary,, •* Data are for January 1956. shown.

** Data are for February 1956. J/ includes data for "other industries" not Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

4 MONTHLY BUSINESS STATISTICS — Continued

ITEM

LEATHER AND PRODUCTS Leather productions

Calf and whole kip..... 9 e e o e 9 8 e s e < s o @ e e e 3 S e t h o u s s of skins. Cattle hide and side k i p e o s o s o o o o t h o u s s of hides and kips, Goat and k i d a e 0 0 G e o o o o o o o 0 o s e e 6 O O 9 o e 0 9 0 s e o t h o u s 0 of skins. Sheep and ! a m b s a o o o o o a o o o 3 f f l 0 @ o e o o 0 3 0 s o e o o o o 0 6 e e s 6 S 0 0 0 d o a . ,

METALS AND MANUFACTURES iron ore (Lake Superior district)? Consumption by furn a c e s ® e e o o o e 9 0 0 e e e o o t h o u s 0 of long tons0

Stocks, end of months t o t a l o a o o a o o s o o s e , a o • • o e s o , e e s o d o e e e

At furnaces, ...............^....o.ooooooooo.oe... • ®do9 o. On Lake Erie d o c k s s , . , o e 0 O 9 0 e o 0 . . , . . s o e o . s e s o o o a „ s s d o e . .

Castings, gray Irons Orders, unfilled, for saSe a 0 O Oo s o,, 0 0tbous 0 of short tons0

ShIpments, totaI , 0 ...B„M.odo.„ For sale.,..,,..,8...,.,...„..,,,..„.0O.o.,.0O0 .. o 0do...

Castings, malleable Irons Orders, unfilled, for sale.,.,,, ,.... short tons, Sh i pments, tota I , , do,.,

For sale „ „ , .,„..o„, do.,, Castings, steel:

Shi pments, tota I................,.0«o,,oo«,,...,,,,. edoe,. For sale, total,,, „ „ „ „ .„do„, RaiIway specialties...............,......,...,. B6doOQ«

CONSTRUCTION AND REAL ESTATE

New construction (unadjusted), totaI,,oe.,so,,. ,mfI. of dot, Pr i vate, tota I,,,,,...,,, „,,,,,,,..,..,.,,,,, 0 . „ „. 0 , sdoe.,

Resident! a I Cnonf arm)9 09eeaos,Qa,sso<Soo0000,3,3,3!;)S,OSQOodQoe<

New dwelling u n i t S s o ^ . ^ ^ o ^ ^ . o . ^ . ^ o ^ ^ ^ . e d o , , , Additions and aiterations e s s a o e s eeo<90S eo ea oe eo o 0 od© o e <

Nonresidential building, total J./.,,,. S 9 e 9 0e* 6 e 9,, edo o s <

Industr ial,.,,,,,.,,,,.,..,,,,,,.,,,,,...,,,,,.,,do®•. Commerc i 3 ! „ , , 8 , , 0 9 „ 8 6 „ , , „ 9 , 3 . 0 ( , e , 0 ( ( e „ , 0 , , , „ do*, <

Farm construct ion,,,.,,,,.,,...,.,,,,,,,.,,,.,,,,,edo0,, Pub Sic ut i SIty.,,.,,.,.......,..,,,..,,,.,,........doe,<

Public,'totaI...,..,,......,,..,,.,,....,..,,.,.....,do,.. NonresidentiaS bui1d§ng«,,,.,,,,,,,...,,,,,,,,,,...do,,< M M itary fact S ities e e 9 eo e f f l e a, e e c > 0, 9 ....... , , . M . e , , d o t 8 , Highway,..,,,..................,..,,......,.,.,,,..do*.,

New construction (seasonally adjusted), total..essBO,eodo,9« Private, totaL..„.,.,„ M,„ < g o ,.doM,

R e s i d e n t i a l ( n O O T a r m ) e < ? s s e e @ , @ e ® @ < » @ ® e e « e < » e a @ « 9 9 9 e ® © d O g © <

Nonresidential building, total J./..................do... Farm construct ion,...,,,.. ••••••••• , „ . . . do,,, Pub lie utility....,,.,,..,,.,.,.....,.......,.,,...do..,

n U D I I C , T O T a i © . . e a o e e < s , o , o , e . . . a S f t @ e 0 e e o s © o « > a e « o e « e « s , 0 0 , a «

Nonresidenti a I buildsng.». e 6 s, 9.., e e,,, s *.,, e,,,.. .do,.. rl 1 gnWoy, »,,«,,.. ,.eaese@ee.se«9,e,83®0»e»eee,«.9.6 ,0O, , <

jr/ Revised, J7 Except farm and public utility.

1956

March

819 2,285 2,242 2,399

23,370 23,020 20,365 2,655

1,163 1,255 715

106,491 86,941 46,266

170,045 130,839 31,99 S

Apr i I

759 2, 180 2, S54 2,407

r7,453 19,373 17,184 2, 189

1,145 1,218 702

•99,573 83,320 47,064

163,708 *25 01s?

1957

.11-.

January

872 2,254 2,064 2,065

7,892 37,484 33,580 3,905

905 1,213 642

93,886 85,977 51,508

169,240 ', 33,826 30,090

Apr! I

3,42 S 2,424 1,232 1,090

109 665 239 252 121 398

997 314 104 355

3,683 2,582 1,297 731 127 419

1,101 314 436

Nay

3,780 2,600 1,319

1,150 132 705 252 266 S39 427

1,180 335 115 485

3,744 2,608 1,306 745 S26 423

I, 136 325 450

J-eb-uary

r2,992 r2,209

r1,048 r795 r2!7 r704 270

r257 96

349

r783

r305 r82

r !95

r3,84S r2,7!8 r1,397

r748 123 436

r!,!23 r350 r406

February

r844 r2,!64 1,892 2,225

7,099 30,110 26,817 3,293

931 I, 103 582

90,725 78,028 46,729

154,932 121,667 27,181

March

r3,265 r2,377 r S, 167

r875 r258 709 269 r264 105 383

r888 345 r84

r230

r3,878 r2,720 r1,388

r763 124 430

rl,158 r366 r434

March

813 2,173 1,951 2,359

7,602 21,941 19,672 2,270

935 I, 133 601

89,431 r-78,013 48,311

r160,05A 124,416 29,968

Aprs I

Apr 1 !

r3,639 r2,577 r1,300

940 r326 713 271

r263 119 430

r 1,062 r374 r95

r335

r3,886 r2,724 rI,360

r77I 125 453

r1,162 r380 r4!4

7,158 17, 167 15,170 i,996

Nay

4,017 2,788 1,405 995 373 747 270 287 140 478

1,229 387 105 455

3,895 2,730 1,330 783 127 473

I, 165 376 4S0

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