.alMENT Of r „

BUSINESS July 8, 1960

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 9 0

8 0

7 0

SO

5 0

4 0

PRICES OF 42S INDUSTRIAL ST0OCS Wally a^ciw'*) | _ .J

— —|

* 1 _ J L _ J _ J _ _ L J — § L J L _ J L 1 L J L _ 1 LJUJL-J 1 L L I - X - L „ U L ^ J U X _ I , J 1 . C J ^ J L J L O ^ .

^Kmsm^ —

—

L__i L_J—l_J—L__J L_J L_i

Weekly (Wednesday close!

TOO

Index, 1941-43 = 10 90

k^c^Vq-

195? 1958 1959 I960

50

- < \ < \ f ' * > » , U J L ^ J 4 0 J F M A M J J A S O N O

80

70

Billion Dollars 4 0

3 5

3 0

2 5 '

2 0

MANUFACTURERS' SALES & INVENTORIES (seasonally adjusted)

J

$a!m

^ o o o o c m ^

f#fv@«tf@ri®s* ^ ^ (right sea!®)

. ^ j a j j J j U U L L i J j H 1 1 1 U 1 1 1.

* Book va!

iS^\g»» |

^

u®, end of month |

1 " M 1 i | | n 1 i n | | 1 i M U j

Billion Dollars Billion Dollars 80 60

H 70 5 0

H 60 4 0

H 50

40 1957 1958

Index, 1947-49= 100

1959 I960

1 3 0

1 2 0

I 10

1 0 0

9 0

8 0

COTTON CONSUMPTION (daily average; seas, adj.)

JJJLJ_±J_LL1_LLJ _J_J_JJLLL IJ -ULJL _ L U J U L L I m i

-!

H

-|

-1

i i i n L I . M 11J

30

CONSUMER CREDIT OUTSTANDING (short- and intermediate-term)

I Cmdit {®nd of month)

2 0 h H I I I M \ i I iJUJLljJjLLiJ U I I I I \ It I I I jJjJLJLJ_L.l44.,U I 1957 1958 1959 .I960

Index,

3 2 0

3 0 0

2 8 0

2 6 0

2 4 0

2 2 0

1 9 1 0 - 1 4 - 100

PRICES RECEIVED AND PAID BY FARMERS

-

i ^ , » 1 1 1 1 1 1 1 M f

Prices Paid (inci. interest, taxes, and wag© rate*

rv*\ J /*•

Prices Received S\

- L L J J L L L U I i i l i 11 i i 1 i i i i L

«*sss^^*^ J

) 1

•^ 1 II 1 1 1 1 1 M 1 1 1

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

WEEKLY BUSINESS STATISTICS1

ITEM

Commodity prices, wholesale:

Farm products,,, .••••................. .do. ...

A! S other........................................... do,... 22 commodities 2/,,,.......B.,.,.... ,..eso,...,,......do....

Department store sa les.os ...........'........,..,.....•... .do..... Insured unemployment, total .3/.......................... thous.. State programs (incl. Alaska and Hawaii)..............do,...

Failures, industrial and commercial „,„«,.,,«,...••••••••number,. Finance: Currency in circulation 4/.,0,s,8a9t,,48,0„s.e.mil. of do!.. Federal Reserve bank credit outstanding, total 4/.,,.8doe.., Member bank reserve balances 4/ a s B, 9 9,, 0 ......do,.,,

Excess reserves, estimated 4/.,..., eo 0&9 ....... .....do.... Reporting member banks (of FaR.System) in leading cities: 5/

Demand deposits, adjusted.,.«..,,.,,„,.oooeoemi1. of doleo

Time deposits, except interbank...................,„do.... Loans and investments (adjusted), total.............do,... U. Ss Government ob11 gations.B ,.,„....soo.a edo9 a B. Commercial and Industrial loans (gross),,,oeB.....do,... Real estate loans (gross).........••••••••.......,doaeao

Bond yields, domestic corporate (Moody's) 4/.......percent.. Stock prices, 500 stocks (Stand. & Poor's) 5/...I94I-43»I0..

industrials, 425 stocks,ee..,...S6.,.............3«„do9... Production;

Bituminous coal ,4/....................fnous, of short tonsfflS Electric power, by uti 1 ities 9 e,, e 9. a s o a e a 3 s om!1 s of kws-hreB

Motor vehicles (cars, trucks, coaches)..............number.. Petroleum (crude) and condensate 47.,....••.athous. of bb1..

Steel J6/..............................thous. of short tons.e

Freight car loadings, total..-..................thous. of cars.e

1959

June 27

.«*«•».,. ••••••.•• ... *. *,..

87.6 118

1,357 1,256 256

31,807 28,147 18,627

457

60,781 30,781

s e o a O S B S .

30,061 e e e e . . , o •

12,136

4,70 57,41 61,64

1,536 S3,749 .

156,201 7,025

2,486 #87,8 698 348

Ju ly 4

*l19,7 *89,8

*I08.1 * 128.2

87, f 109

1,403 1,286 244

31,852 28,042 18,386

317

60,835 30,967 103,476 29,980 28,482 12,198

4,71 58s97 6304l

1,840 13,124

i32,383 6,914

2,215 #78.2 573 325

I960

June 11

119.6 89.2 107,5 128,3 85.8 f44

1,733 1,621 283

31,917 27,575 18,153

461

58,510 30,756 102,636 25,640 30,991 12,536

4.77 57e89 6le83

1,467 S3,766

164,539 6,772

1,756 61.6 648 322

June 18

1 19 6 89.2 I07„6 128.3 85,4 147

1,692 1,580 353

31,976 27,609 18,154

425

59,784 30,824 104,213 25,750 31,526 12,549

4.77 57.57 6la39

1,483 14,053

16.5,419 6,840

f .775 62e3 650 317

June 25

119.5 88.4 107,7 128.3 85,4 125

c s . a . e e e s

296

31,927 28,135 18,601

559

59,607 30,950 103,776 25,572 31,619 12,535

4,78 57e28 61.05

1,556 14,213

166,890 6,820

1,739 61,0 642 307

| July 2

119.4 88.0 107.5 128.3 85,3

e e s a e . o e a

B o . e o o s . o

o e » * a » » e o

31,867 27,739 18,322

469

. « < * , . 9. «S

s s o a s s o e e e

s a e o e e e e .

a e s e « » a e s

* o s e e « , e »

......... 4.78

56,94 60a59

151,506 • • • « . • • a*

1,510 53.0

e o e s » e » « o

......... J/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3/ Includes data for Alaska and Hawaii, and for the following programs:

State; R.R. ; Federal employees; and ex-servicemen, 47 Dai ly average. ]5/ Wednesday data. jl>/ Week beginning Juiy 4, I960: Production, 1,218 thous. short tons; operating rate, 42,7 percent. * Monthly index for June 1959. # Based on Jana I, 1959, annual capacity (147,633,670 tons); I960 rates are based on Jan. I, i960, annual capacity (148,570,970 tons).

MONTHLY BUSINESS STATSSTSCS

ITEM

GENERAL BUSINESS INDICATORS

MANUFACTURERS' SALES:

VALUE (UNADJUSTED), TOTAL................. Durable goods industries, total J./......

Machinery (including electrical), Transportation equipment (incl. motor

Stone, clay, and glass...

Nondurable goods industries, total J/... Food and beverage..,,..••,...,..,,....

VALUE (SEASONALLY ADJUSTED), TOTAL,.......

Fabricated meta 1..<••••••••..«.....•••« Machinery (including electrical)...,.< Transportation equipment (incl. motor

Food and beverage,.<*.«»,•»•••»•«•*»•,<

.....mi f. of dol..

.....•••....do,...

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

do....

••••••••....do...,

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

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

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

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

.............do.... vehicles)«..do...,

do..,.

••••••••••••do....

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

1959

Apri i

30,885 15,810 2,947 1,735 4,610 3,637

989 771

15,075 4,378

399 5,217 1,044 2,247 2,988

554

30,266 15,166 2,792 1,684 4,423 3,385

995 756

15,100 4,507

4IS 1,253 1,034 2,090

1 3,080 543

May

30,673 15.727 3,011 1,718 4,515 3,565

995 789

14,946 4,598

407 S, 199 1,026 2, 185 2,934

524

30,742 15,515 2,858 1,711 4,507 3,463 1,041 766

15,227 4,617

388 1,310 1,026 2,089 2,994

524

I960

February

30,290 15,110 2,540 1,570 4,690 3,760

850 640

15,180 4,430

370 1,230 1,010 2,220 3,070

520

31,580 15,670 2,690 i,720 4,840 3,570

920 770

; 15,900 1 4,720 | 430

1,260 1,070 2,380 3,130

570

March

32,470 16,080 2,690 1,700 5,070 3,860

910 690

16,390 4,820

400 1,260 S, 100 2,430 3,290

520

30,840 15,170 2,540 1,690 4,750 3,460

880 700

15,670 4,710

420 1,200 5,050 2,300 3, S60

510

Apri 1

r30,820

rl5,!50 r2,3IO r1,680 r4,830 r3,570

900 r740

r15,670 r4,540

370 r1,180 1,040

r2,450 r3,130

r540

r31,030 r15,000 2,3S0

r1,690 r4,830 r3,360

r930

r750

r16,020 r4,720

390 -r1,260 r1,030 2,380 r3,260

r530

May

30,870 15,260 2,240 1,730 4,790 3,660

930 790

15,610 4,650

420 1,180 1,040 2,470 3,040 540

31,030 15,090 2,230 1,750 4,770 3,510

950 750

15,950 4,640

400 1,280 1,030 2,360 3,200

550

r/ Revised, ±/ CORRECTION for p. 9002

Includes data for "other Industries" not shown. 3 of the July I, I960. Weekly Supplement: Acetic acid production for April I960 should read 59,955,000 pounds. Digitized for FRASER

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

MONTHLY BUSINESS STATISTICS — Continued 3

GENERAL BUSINESS INDICATORS - Continued

MANUFACTURERS' INVENTORIES, END OF MONTH: BOOK VALUE (UNADJUSTED), TOTAI ...............mil. of dol.„|

Durable goods industries, total J./..................do....| Pr i mar y meta l. e..... a. 0. 0....c e. a e*. < B„. e* a e e o e a <,do< s.. s

Fabricated meta I................................. do.... Machinery (Inc 1 uding electrical) o s e o a. B.. B 9 8 9 8 0.cio e 6o 8

Transportation equipment (incl.motor vehicles). 9do.... Lumber and furniture........a...'................do....i Stone, clay, and glass..........................do..'..!

By stages of fabrication: Purchased mater iais... , s e 9 e s . 8 , » e e o e o o e » e a b i 1. of dol..j Goods in process0(9ffl a < , 6 9 0 . „ e s a e o e > e B O a , . 9 0 8 0 . a « 6 a s s d o 9 . e . F Inished goods. .............................. ,„do 8,.„ |

Nondurable goods industries, total |/, e e 9 9 9.,niil t of do!. s

Food and beverage............... 6 .,.••.......•.'.do.... ;

Tobacco. 0 f f l 9 a . ( 5 . 0 9 . « e o » « ! . a 9 e e 8 8 6 9 o e s s e ! ! 8 S O S a o < 5 e e 0 do. T e X T M e s . s e o s . e o s e e s . e o a o e s e e e s s o s e e e e o s e i s . e e ^ o s O O © s . ©

Paper. *......•.„..«.«..»6oa..oe®.Bffles8,ffi0e.0o »..ocdoei9<,. j Chemical .......«<,.s3K«e<ssaac,96cOSea«.ae«.e.**..»« .do.... Petroleum and coa1...... v.... 9..,.•..•••..•••...do.... K U D D e t e 4 s s e « » s a e e s e i 9 e s < i o e s e s 9 i 3 > s a o e s s e e e e . o i 3 « a e e e Q 0 9 » s a

By stages of fabrication: Purchased materials.... s a O B• e s s•.•• s s«o*.bi!. of doS« 8

Goods in process •.••••••••••••••.••«.•••••••••••• .do.. ••-Finished goods.......................*>.. s» e s a o e edo e...

BOOK VALUE (SEASONALLY ADJUSTED), TOTAL........mi 1. of dol.. Durable goods industries, total J/............... o a.do....

Pr ! mar y meta i................................... do.... Fabricated metal . a 9 8« 8 s e ec a a<» 9 9 a. s. e«,<. o. a e«o* 0 e .do.... Machinery (Including electrica1).... o e..........do.••• Transportation equipment (inc1.motor vehicles)..do.... Lumber and furniture............................do.... Stone, clay, and g l a s s 0 8 . . 9 9 . . , 9 . , s , B . . 8 . . 5 d o « „ s

By stages of fabrication*. Purchased materi a S s c...............••••..bit. of do 1 „. Goods in process........................ a a..«...do.... F i n I shed goods 0 oes,s ••••••••. ....o*..«•«.«».«•... do....

Nondurable goods industries, total J./........mi 1. of dol e s

Food and beverage..„ . S8Q...... „.... a, e,,.. e„ aooe a,do.E.a« Tobacco.........................ceo.*....«»».»cio.... Text i le...........a......,.„...«..*„.<,««........ do.... Paper•...••.....•••...•••.•.•.•.•.•...,.••..••••do.... Chemical ......a.........,....»o.*».»000<.«....... .do... „ Petroleum and coal............ a.. e..«...........do.... Rubber.ee0ffiSffl8as••••••••••••••••«••...••••••••••do....

By stages of fabrications Purchased materials.. o a.. a o a„.•••••••••••bi1. of dol.. Goods in process..••••...••.••••••••••.•••.•••••do.... F 5 n I shed goods, ,,', 9 do.,..

MANUFACTURERS 1 ORDERS: New orders, net (unadjusted), totaI......••••..mi 1. of dol..

Durable goods industries, total J/#..... .„... .„... • .do.. e. Pr1 mary meta(••••••••••••••••••••.•••.•••••••••••.do.... Fabr i cated meta1..............••••.••..••••••••.••do.... Machinery (including electrica1).. o a...••...«•....do.... Transportation equipment (Inet. motor vehicles)...do....

New orders, net (seasonally adjusted), total...••..•••do....

Pr imary metaI..................•,...••••••..•••...do.... Fabr i cated meta 1.................. •. .••.••.•••••••• do.... Machinery (including e{ectrleal)..................do.... Transportation equipment (incl. motor vehicles)...do....

Unfilled orders, end of month (unadjusted), total.....do.... Durable goods industries, total J/............. s e•..do*...

Primary metal...••.••••••••...•••...•••••.•••.•••-do..,. Fabr I cated meta 1...................•..••...•••.<... do.... Machinery (including electrical)..... ...•.••••..•••do.... Transportation equipment (Incl. motor vehicles)«.„doa...

F!NANCE

CONSUMER CREDIT (SHORT- AND 1 NTERMEDI ATE -TERM) :

Installment credit extended and repaid: Unadjusted:

Adjusted: Extended, tota 1!....... e........................... do....

1959

Apr! 1

51,053 29,510 4,183 3,270 9,434 7,034 1,766 1,284

8.1 11.8 9S7

21,543 4,676 1,905 2,523 1,492 3.745 3,232 1,040

8.7 3.1 9.8

51,052 29,361 4,368 3,175 9,346 7,031 1,731 i,235

8.3 11.7 9.3

21,691 4,870 1,868 2,482 1,463 3,696 3,367 1,015

8.7 3.0 10.0

30,994 15,858 2,671 1,665 4,679 3,792 15,136

31,206 15,796 2,826 1,632 4,632 3,655 15,410

50,485 47,292 6,086 3,312 16,854 16,233 3, 193

! 45,708 34,762

4,073 3,545

j 3,989 3,540

May

51,545 29,905 4,175 3,376 9,627 7,078 1,787 1,292

8.3 IS.8 9.8

21,640 4,606 1,854 2,557 1,497 3,730 3,312 1,015

8a7 3.1 9.9

51,599 29,734 4,312 3,278 9,482 7,167 1,759 1,254

8.5 11.8 9.4

21,865 4,967 1,873 2,487 1,482 3,730 3,380 995

8.8 3.0 10.0

30,281 15,131 2,55! 1,668 4,590 3,333 15,150

30,541 15,241 2,479 1,619 4,626 3,498 15,300

50,093 46,696 5,626 3,262 16,929 16,001 3,397

46,603 , 35,357

4,092 3,497

! 4,112 3,628

i960

February

54,200 31,450 4,350 3,230 10,360 7,620 1,880 1,420

8.6 12.5 10.4

22,750 4,850 2,060 2,670 1,560 4, 140 3,270 1,180

9,2 3.1 I084

53,900 31,260 4,320 3,230 10,320 7,530 1,870 1,380

8.7 12.5 10.1

22,640 4,820 1,950 2,650 1,540 4,050 3,400 1,140

9.1 3.0 10.5

29,650 14,560 2,320 1,540 4,810 3,340 15,090

30,590 ! 14,800

2,200 1,610 4,840 3,500 15,790

50,210 46,910 6, 180

I 3,270 17,920 14,960 3,300

51,021 39,408

3,723 3,673

j 4,115 3,707

March

54,700 32,060 4,400 3,370 10,570 7,720 1,890 1,480

8.6 12.7 10,8

22,640 4,710 2,020 2,730 1,580 4,160 39220 1,210

9,2 3.1 I0e4

54,340 31,770 4.450 3,330 10,480 7,640 S,860 1,420

888 12.7 !0e4

22,570 4,820 1,950 2,670 1,540 4,060 3,330 1,160

9.1 3.0 10.5

31,750 15,450 1,780 1,630 5, 130 4,050 16,300

30,290 14,640 1,720 1,640 4,740 3,680 15,660

49,490 46,280 5,270 3,200 17,980 15,160 3,210

51,162 39,648

4,201 3,961

4, 1.19

3,711

Apri !

r54,770 r32,140 r4,450 r3,420 r10,660 r7,590 !,880 1,480

8.5 12.7 !0o9

r22,640 r4,670 r1,990 r2,760 r1,590 r4,140 3,220 1,220

9e ! 3.1 10.4

r54,660 31,920 r4„630 r3,320

r10,530 r7,580 1,850 1,420

8.8 rl2.6 10.5

r22,730 r4?850 r1,950 r2,720 r1,550 4,080 3,350 1,190

9.1 r3.1

ri0.5

r29,700 r!4,100 r 1,680 r1,680 r4,820 r3,2l0 r!5,6!0

r30,350 r14,470 ri,8S0 rl,7IO r4,760 r3,490 r15,880

r48,380 r45,230 r4,640 r3,200 r17,970 r14,800 r3,150

52, 169 40,265

4,457 3,840

4,437

3,904

May

54,980 32,280 4,540 3,460 10,760 7,490 1,870 1,480

8.5 12.7 11.0

22,690 4,640 1,930 2,770 1,600 4,110 3,270 1,180

9.0 3̂ 1 10.6

55,000 32,110 4,690 3,360 10,590 7,580 1,840 1,430

8.8 12.7 10.6

22,890 4,990 1,950 2,700 1,580 4, 110 3,340 1,160

9.2 3.1 10.6

30,240 14,640 1,870 1,720 4,740 3,500 15,600

30,420. 14,630 1,850 1,700 4,760 3,540 i5,800

47,740 44,600 4,270 3,180 17,930 14,640 3, 140

52,831 40,740

4,335 3,860

4,209

3,886

rV Revised. \J Includes data for "other Industries" not shown. 9002

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

4 MONTHLY BUSINESS STATISTICS — Continued

ITEM

PAPER AND PRINTING

PAPER, EXCLUDING BUILDING PAPER, NEWSPRINT, AND PAPERBOARD:

Orders, unfilled, end of month.....................do....

Fine papers

Printing papers

Coarse papers

Orders , unfilled, end ©f ronthc,e<1<!8t,9o0(,„,8o9<lsoe,do,»,.

Folding paper boxes, shipments, index of physical volumes 1947-49=I00ee

COMMODITY PRICES

PRICES RECEIVED BY FARMERS, ALL FARM PRODUCTS...1910-14=100..

PRICES PAID BY FARMERS:

All commod.,services, int.,taxes, and wage rates.....do....

1959

Aprs 1

1,009.2 76fe3

1, 142.7 950*3 552.7

!62B2 J09e7 152.0 150.3 128.2

437.8 430.5 383.8 382e6 248.0

343.5 164.8 352.2 353e8 105.7

124e6

May

244 228 237 272 163

205 221 230 202 508

258 233 338 125 240

276 287

268 298 82

May

934.5 722.4

l,HI.6 934*4 553s6

!40e5 102.0 149.2 148.9 127.3

386 . 9

407.8 378.6 376.4 250.3

346.6 161.4 3463 34382 104.6-

123.4

June

242 229

205 277 163

• 199 223 228 281 509

253 231 330 125 241

276 288 267 298 81

.

I960

February

r954s3

r698e5 r1,S22e4

r925*2 r6l2e0

r152.1 8I S4

r!48a6 r!49e3

151.2

r402o6 r404e3 r389.9 r385*9 266e2

r336.6 r166.0 r337sl r329e8 r?19s4

rl2l.7

March

241 222

249 238 153 210 228 213 223 494

257

256 309 153 •

243

1 276 ! 289

267 300

1 80' i

Narch

r1,046.7 r73I.O

rl,199.2 r99669 r6!2.9

rI54s6 r76.2 r!56.5 r148.4 r146.5

r45295 r427s3 r425.2 r4!9*7 r271.7

r37».6 r182.6 r359a1 r360s3

.r122.1

r136.3

Apri 1

242 225

255 244 158 209 211 216 257 494

257

244 3S0 163 250

278 291

268 302 80

Apr! 1

^•936 o0 ^699.0 *9IIo0 «908s0 ^548.0

146.0 79a0 149.0 151,0 I50e0

410.0 4l3o0 408.0 404.0 276.0

380.0 207,0 354.0 353e0 122.0

r 120.1

May

241 228

283 248 .

158 209 216 2S8 245 494

252

237 310 153 253

277 291

267 301 80

Nay

< 3 © Q O 0 O © S O

o o o o o o o o o

o o e e o a s e a

© e s e e e s e o

o o s s o o o o o

0 0 0 0 0 00 3 0

© © s s o o & s e e

s s e s o g o e ©

ecoe oeavo

o s s o o o s a ©

o o o o s . e e

, M t

o e a e . e * * *

© e o a f t o s s s

eeesSeeSe o o a s e e o , , ©

a s o e e o o a e

a e 6 S S o - S S

p125.3

June

236 221

223 251 158 199 239 216 203 494

248

234 305 S48 248

275 290

266 299 79

r_/ Revised. £ / Prel iminary* * Apr i l data exclude estimates for t issue and miscellaneous papers. ±/ Ratio of pr ices received t o pr ices paid. USCOMM-DC-9002

UNITED STATES GOVERNMENT PRINTING OFFICE

DIVISION OF PUBLIC DOCUMENTS WASHINGTON 25, D. C.

PENALTY FOR PRIVATE USE T© AVOID PAYMENT OF POSTAGE, $300

OFFICIAL BUSINESS

FIRST CLASS

WEEKLY SUPPLEMENT

SURVEY OF CURRENT" BUSINESS Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis