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.ftTMENTOF^ April 13, 1962 ^5885^"°^ A WEEKLY SUPPLEMENT ^ d i l l i \J 1 1 V/ V/ 0 THE SURVEY Q¥ CUitENT BUSINESS Available only with subscription to the SURVEY CF CURRENT BUSINESS, at $4.00 annually, this Supplement provides selected weakly and monthly data subsequent to those published In the latest monthly SURVEY SELECTED BUSINESS INDICATORS index, 1941-43 = 10 100 Index, 1941-43 = 10 100 Monthly PRICES OF 425 INDUSTRIAL S T O C K (dally avg. Weekly close) (Wednesday close) 90 90 50 ( j i f L J - i — t - i — L U - J L J - J L J J — ^ 1959 i i i I i i J^LJJLL^L..JL„^ I960 1961 i i » i » l i » t i tjj J F M A M J J A S O N D 1962 Index, 1957-59 = 100 Index, 1957-59 = 200 Monthly STEEL PRODUCTION fingots ond steel for costings) 150 ~/~^[ 100 ' 50 \J 0 ^ ^%# -| _JL_J_J_LJLJL_I__LJL_L_JL_ ^J^J^JLJ^LXJ^J^J-JL^ Billion Dollars • J,,, \, l„ l„ .1 , I - J L J ^ J L ^ L - L J Index, 1947-49 = 100 200 DEPARTMENT STORE SALES & STOCKS SALES OF RETAIL STORES 20 - x,^^ ^^ / \ 1 - 1~x (seasonally a d j u s t e d ) (seasonally a d j u s t e d ) Stocks 175 (end of month) Total 15 -@-©-®-@-@-®-®r®-®"®^^1®"^"^"^''®"^ Nondurable 10 Goods 7H 125 h 5h \j\}JL~LXjJuUUUuJ^LJ^^ 1959 100 1960 1961 1962 Li_LXXJ l l l l 1959 IUJJUULJULIJUL^^ 1960 I I 1 M t, t, ..UbLi-JULJ 1961 1962 50 WEEKLY BUSINESS STATISTICS1 2 !962 1961 UBA Mar. 17 Mar. 24 86.2 151 *10I.0 *98.1 *I0I.6 *10I.2 86.4 128 100.7 98.6 101.7 100.7 84.4 138 100.6 98.7 101.3 100.7 84.3 141 100.5 98.1 101.2 100.7 83.9 148 349 3,228 2,996 350 429 3,170 2,946 343 270 2,759 2,271 339 255 2,632 2,149 351 244 330 356 31,775 27,863 18,793 600 31,903 27,973 18,702 535 33,066 29,917 19,347 475 33,048 30,176 19,665 486 32,951 30,121 19,646 455 33,050 30,361 59,361 492 110,015 29.519 32,203 12,727 110,617 30,045 32,056 12,722 63,090 31,389 118,435 32-585 32^607 13,546 61,904 31,506 I 19,478 32,556 33,145 13,599 62,229 31,621 119,538 32,214 33,014 13,620 4.53 64.93 68.64 4.53 65.46 69.14 4.67 70.91 74.93 Apr. I Apr. 8 Mar. 31 Apr. 7 COMMODITY PRICES, WHOLESALE: .1957-59-100.. ........do.... ..do.... A l l O T l I © ! . . . . . . . . . . . . . . . . . . . . . . . e e e e e e e s e . e e ........do.... 22 commodities 2/.............;................ „1947-49-100.. DEPARTMENT STORE SALES. ........do...i INITIAL UNEMPLOYMENT CLAIMS, State programs..... FAILURES, INDUST. AND COMMERCIAL (DUN & BRADSTREET)...number.. FINANCE: Federal Reserve bank credit outstanding, total ,3/....«do.... ........do.... 100.6 97.7 100.8 IQ0.9 83.7 Reporting member banks Cof F.R.Systera) in lead ing cities: _4/ ........do.... ........do.... ..do.... Commercial and Industrial loans (gross)... . . . . . . . . G O . . . . Bond yields, domestic corporate (Moodyss) 3/.. Stock prices, 500 stocks (Stand. & Poor's) 4/. ..1941-43=10.. ........do.... PRODUCTION: us. sh. tons., .ml I. kw.-hr.. •.thous. bbl.« .thoJS. sh. tons.. ,1957-59-100.. .thous. cars.. do Stee I FREIGHT CARLOADINGS, TOTAL 1,179 14, 163 123,490 7,351 1,632 87.6 507 286 1,133 14, 182 I17,524 7,227 1,696 91.0 506 287 1,369 16,142 160,284 7,335 2,387 128. 1 545 296 4.66 70.51 74.42 4.65 70.04 73.93 1,372 15,879 165,376 7,357 2,394 128.5 556 305 1,373 15,552 162,571 7,353 2,417 129.7 565 316 ........ 4.65 68.49 72.14 168,921 2,361 126.7 J/ Data do not always cover calendar weeks. 2/ Tuesday prices. 3_/ Daily average. .4/ Wednesday data. * Monthly index for Mar. 1961. MONTHLY BUSINESS STATISTICS 1962 1961 ITEM February March December January February r16,950 r5,182 r3,U4 r78l r687 r16,064 r5,003 r3,007 r717 657 18,975 6,181 3,837 812 rI 1,061 r800 r620 rl,2!5 r4,338 r1,337 r!,5!2 12,794 1,038 663 1,373 5,040 1,432 !,954 March DOMESTIC TRADE RETAIL TRADE, ALL RETAIL STORES: ESTIMATED SALES (UNADJUSTED), TOTAL J/ Durable goods stores. Automotive group. • ••••.....•. Furniture and appliance group Lumber, building, hardware group.... Nondurable goods stores. Appare I group Drug and proprietary stores Eating and drinking places. Food group Gasoline service stations..... General merchandise group 17,934 5,467 3,190 776 820 22,881 6,307 10,592 775 588 1,135 4,173 1,282 1,417 12,467 1,191 627 1,282 4,702 1,429 1,921 16,574 890 1,421 5,168 1,546 3,853 r11,768 r948 r651 r1,272 r4,470 r1,447 r1,632 do.., do.., .do.., do.., .....do.., 17,795 5,348 2,890 812 900 18,127 5,547 3,044 833 944 18,836 5,924 3,286 914 949 r18,845 r5,930 r3,358 r885 r927 r19,063 r6,003 3,377 864 939 19,290 6,225 ..do.., .do.., do... do.., .do.., do.., do.., 12,447 1,130 629 1,339 4,590 1,473 1,998 12,580 1,161 634 1,390 4,603 1,491 2,039 12,912 1,164 693 1,407 4,631 1,539 2,184 r!2,9!5 rl,l85 r655 r1,387 r4,684 r1,543 r2,133 r13,060 1,177 663 1,449 4,759 1,545 2,138 13,065 bil. $, do.., do.., do.., do.., do.., 26.30 11.86 14.44 26.67 11.81 14.86 26.07 11.35 14.72 25.78 11.03 14.75 r25.80 r I 1.37 r14.44 r26.85 11.52 r15.33 26.55 11.62 14.93 26.90 11.48 15.42 do.., •*............ do.., do.., ...do... .............do.., do.., do.., ESTIMATED SALES (SEAS. ADJ.), TOTAL 1/. Durable goods stores. Automotive group.• Furniture and appliance group....... Lumber, building, hardware group..... Nondurable goods stores Appare I group. Drug and proprietary stores.. Eating and drinking places Food group . ..••• Gasoline service stations.... General merchandise group.. ESTIMATED INVENTORIES: Unadjusted, total Durable goods stores Nondurable goods stores Adjusted, tota I... ............ Durable goods stores Nondurable goods stores 15,071 4,479 2,587 682 632 mil. $, ......do.., .do. ., .....do.., ...do.., rj Revised. ±/ Data for Mar. 1962 are advance estimates. 5398 26.57 11.68 14.89 3,148 1,181 906 2,051 26.86 11.52 15.34 MONTHLY BUSINESS STATISTICS —Continued 3 1961 1962 March February ITEN February December January DOMESTIC TRADE—Continued RETAIL FIRMS WITH 4 OR MORE STORES: Estimated sales (unadjusted), total..................mi I. RETAIL FIRMS WITH II OR MORE STORES: Estimated sales (unadjusted), total................,.,do, AppareI group••.•••••••••••••••••••••»•«••••.•••••••do. Drug and proprietary stores..••••••.••••«...••••....do. Eating and drinking places..•••••••••••••••••.••..••do. Furniture, home-furnishings stores,,.............*..,do. 4,044 5,047 7,478 r4,572 4,336 3,472 A,334 328 (21 92 36 6,376 542 212 100 50 3,874 224 124 93 32 3,680 198 118 88 31 1,240 i,930 57 78 2,517 2, 135 51 129 1,052 1,784 42 79 965 1,744 44 72 4,328 295 124 94 36 4,579 302 141 100 41 4,510 314 133 101 39 4,533 313 135 99 36 68 84 1,319 1,835 67 89 1,434 1,899 63 100 1,408 1,865 56 101 1,407 1,890 63 109 145 132 146 279 156 113 149 rpli2 rpl50 11.31 3.67 7.64 13.15 6.71 6 # 44 12.75 4.25 8,50 13.39 6.81 6 SR 12.87 4.22 8,65 13.49 6.68 r 12.33 r 4 . 14 r8,l9 r13.59 r6.72 11.66 4.00 7e66 13.56 6.80 C I V I L I A N LABOR FORCE, TOTAL, UNADJUSTED • ..thous. EMPLOYED..... do... AgricuIturaI eraployment,•••••••••••••••••••••••••.«.do... NonagricuIturaI employment.••••••••••••••••••••••••.do... UNEMPLOYED..................••••«••••••••••«••••••••• e QO e 0 e Percent of civilian labor force.•••••• •••••••• 70,360 64,655 4,708 59,947 5,705 71,011 65,516 4,977 60,539 5,495 70,559 66,467 4,418 62,049 4,091 8.1 7.7 5.8 C4V.ILIAN LABOR FORCE, TOTAL, SEAS. ADJUSTED...... thous. EMPLOYED..... ........do... Agr icu Itura J emp loyment. •• .do,. • NonagrPcuIturaI employment.•..••••.•••••••••.•••;••.do... UNEMPLOYED S.....do... Percent of civilian labor force...,,...........•••••••••• LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS: Accession rate, total.......monthly rate per 100 employees. New hires. .do... Separation rate, total............,.'... ••••••do... Quit........... do... Layof f. .....••• .•••••••••• ...do... 71,869 66,723 5,763 60,922 4,968 72,092 67,127 5,787 61,274 4,874 71,272 66,936 5,204 61,618 4,274 6.9 6.8 3.2 1.4 3.9 .8 2.6 General merchandise group..••....•.•••••••.. .do. Grocery stores,•.••••••••••.••••••.••....•• •.do. Lumber yards, building materials dealers...*. do. Tire, battery, accessory dealers.•«•••••••••••••••••do. 186 108 80 29 897 1,669 47 62 Estimated sales (seasonally adjusted), total......••••do. AppareI group••••••••.••••••..•••••••••• ••••••.do. Drug and proprietary stores.••.•••••••••••••••••••..do. Eating and drinking places.•••••••••••••••••••••••••do. Furniture, homefurnishings stores,..................do. 4.262 General merchandise group,,.••,........•...•.....•••do,.. Grocery stores.•••••••• «•••••••••.•••••••••••.do«.. Lumber yards* building materials d e 3 l e r s e s s s e s e s e 5 e e d o e e e Tire, battery, accessory dealers^..••••••••..•••....do... "DEPARTMENT STORE SALES, UNITED STATES TOTAL: Unadjusted index.. 1947=49=100. SeasonsI ly adjusted index,............•.••....•..,.. • .do,• . WHOLESALE TRADE: Sales, estimated (unadjusted), totai....«..,.,....«.biI. $• Durable goods establishments....••.....•....•.......do... Nondurable goods estabiishments v ., e ....«.« v ...... v .«do« v . Inventories, estimated (unadjusted), total..,. .do.,. Durable goods establishments............... ...do... N o n d u r a b l e aoods e s t a b l i s h i n e n t s s - - s e - s s - s s - s s s s - s = s £ d o 5 c s 1,303 1,808 293 123 90 33 A ft "7ft ftl EMPLOYMENT, HOURS, AND EARNINGS 69,721 65,058 4,417 60,641 4,663 6.7 70,332 65,789 4,578 61,211 4,543 6.5 6.0 71,435 67,278 5,453 61,690 4,159 5.8 71,841 67,894 5,603 62,206 4,008 5.6 4.0 1.6 3.9 .9 2.3 2.6 1.4 4.0 .9 2.6 r4.l r2.2 r3.9 i.i r2.l p3.4 p2.0 P3.2 pi.O pi.6 290.54 287.19 243.46 43.73 3.35 287.47 284.06 240.06 44.00 3.41 296.17 292.69 249.17 43.52 3.48 296.51 293.11 250.81 42.30 3.40 296,98 293.55 250.80 42.75 3.43 .20 .21 .33 .35 .37 47.62 .42 .45 47.79 .34 .71 16,889 I .033 47.78 .48 .62 16,815 U043 47,81 .36 r.44 17,373 .914 47.67 .43 .49 17,388 .914 16,790 1.025 92.50 92.60 84.00 93.71 93.85 83.39 92.26 92.38 83.31 92.24 92.35 84.26 92.90 92.99 85.12 107.59 104.72 1.62 116.31 I 13.09 1.93 109.94 107.07 1.61 117.31 114.09 1.93 104.63 101.78 1.61 I 13.42 NO. 18 1.93 105.52 102.66 1.62 114.39 1*11.16 1.92 106.25 103.38 1.61 114.37 111.17 1.90 FINANCE FEDERAL GOVERNMENT FINANCE: Public debt and guaranteed obligations: Gross debt (direct), end of month, total. •»...bil. $. Interest bearing, total............................do... Public issues.. .............. .....do... Spec i a I I ssues •••••••.•••••••••••• • .do... Noninterest bearing...... do... Obligations guaranteed by U.S. Govt,, end of month..do... U. S. savings bonds: Amount outstanding, end of month... do... Sales, series E and H. ...do... Redemptions .. do... GOLD, MONETARY STOCK, U.S., end of month mil. $. SILVER, PRICE AT NEW YORK dol. per fine o z . SECURITY MARKETS: BONDS: Average price of all listed bonds (N.Y.S.E.) dollars. Domest i c... *••••••• do... lOl Sign......eo.«..«.aa.s«e9eeeeeeseseeeeeeeeoeee«00».» Value, issues listed on New York Stock Exchange: Market value, total, all issues Domest ic Fore ign Face value, total, all issues.. Domest I.e. Fore ign. rj Revised. j)/ Pre I iminary. Digitized for 5398 FRASER bil. $. do... .do... do... do... .do... MONTHLY BUSINESS STATISTICS — Continued 1961 1962 STEM January t-ebryary November December January *-sbruarv CHEMICALS AMD ALLIED PRODUCTS SYNTHETIC FUSTICS. AND RESIN MATERIALS, PRODUCTIONS Cellulose acetate and mixed ester plasties? Sh@©1*S , "OuS , a n d ttjbSS soooo 0000003 ooaoooooooo a Molding and extrusion rateria!soe(,»a6..1,o.l,oo.o Phenolic and other tar acid reslnsaoQaoaaoooo03a3 P O 1yStyrenGo D 333doao, 0*000*0»<»00<»<»0000<»0«.<.OOO.aQ00OO.OOOeO Urea and meSamSrae ootJ©0 3 0 330d©000 reslnseo<,oao0eoo0o*aaao0o0aa*ao V i ny I r e s ins„ s * a 0 s a 0 0 0 » a a <, a o a o * o 0 o a o * o ^ <> o a <, = a a o > <> 3 oodo9a 3 A 1 k y d r e s I n s 0 0 a 9 a o - > , 3 o - - o a o o o o = o => o 3 0 o o 3 o * o o ^ « o 0 o => Rosin m o d i f i c a t i o n s 0 J O J ^ 3 o J O o a 0 = 0 3 o o J o 0 . ^ 3 0 0 u , a 3 ooodO.oo PoJyester r e s i n s , o » a 3 o » 0 o o o o o o 3 o a o 3 3 3 3 9 o o d 0 3 « , o - , o Po J y e t by J ene r e s i n s . , . a ., 0 0 , « , . . . > » * » . > » > , „ * o > . <. .> * * * , 0 0 d © 0 0 0 M E T A L S AND MANUFACTURES IROM ORE CINCLo FOREIGW ORE)s Receipts at Iron and steel -p iants00oao<, , o s o t h o u s a Ig. tons* Consumption at Iron and steel pi ants...... .....<,. Stocks, end of mo.-; At fyrnace yardSo 0 . 9 .., o e ,.. At U , 5 0 d o c k s o a o O S O O S > i 3 S Q O t 3 .....dO... 3 Barrels and drurns, steel, heavy types (for saie)s Orders, unfilled, end of wontho.. aassthous, OO...dO.O, STEEL PRODUCTS, NET SHIPMEMTSs Total Call grades! j / ^ ^ ^ o . o o o o o o ^ . o o a o o t t o o S o sh. tons 0 Structural shapes (heavy), steel piling............ S9,Bdo,„ o9SSdooao Bars and tool steel, total 80 ,o....».. i .-, ....do... P i p e a n d t U b i n g . e . o e ^ . o o o ^ ^ . a a ^ c o o . o ^ ^ ^ a o,„„(i0 .. 8 00 Tin mill products.•...• O ...... 0 ..o»..•••••••.••«.•• aossdoaa(S Sheets and strips (incio electrical), total........ SOSadOeaffl Fabr1cated structura S steeIs Orders, new C n e t ) e e o o a e.ao oao D O O O O oo =>, o o a o o ....do... ...„do*ao S h i p m e n t s ^ .-...,.... ....«,.BO»<,*<9<,,9o0*o<»o0o, ,,,.doOOE Backlog, end of month.•••••• ••..«••••••••• Aluminum shipments? .rail. lb0 MI SI products and pig and Ingot C n e t ) o o s o o Mill products ? total .................... s-aa,dooao Plate and sheet (excl 3 f o i l ) . S 9 0 . 0 , 4 o 0 oos.do,ao ••••do... CaSt IngS ©©o.oaoeaoooo.eoBoss.soSaoaooesooa 3 7 6*7 40.8 6635 24 a 0 4o7 3 "7 elo . . o a . c o 40o6 62a7 22.4 8.6 54.6 92.7 36,0 7,7 5205 95o9 32,2 55, J 85 0 9 3435 87a7 25 s 3 9S3 9.6 114.5 81.1 2406 8a8 12.1 108,3 SI0.9 34o4 '32.5 !5 0 5 148,4 308,5 31.0 9»3 1333 153,2 1 32 0 4 36.3 8,£ !5 0 5 !50„8 2,602 6,214 63,592 6,888 2,448 6,060 r59,980 6,878 9,560 9,058 68,03S 6,335 4,080 9,532 62,605 6, S00 3,230 S0,3!6 55,572 6,018 1,438 r1,647 1,529 1,634 1,451 5,849 1,443 r1,607 1,491 1,987 4,638 308 378 669 489 577 1,790 4,251 32! 395 627 425 466 1,599 5,787 403 608 904 495 405 2,41! 5,787 404 590 868 448 357 2,564 6,906 402 648 1,028 506 614 3,080 6,626 392 612 986 534 548 2,903 308 262 2,371 257 260 2,357 333 339 2,707 373 296 2,723 3!4 284 2,596 276 289 2,487 r 342,1 r242.2 rlll.7 60.8 349.3 232,5 104,2 57, f 446.3 298.3 129,9 70.8 r435»8 r27i,3 pf15*8 73,7 428.1 296,9 133,9 79,8 485.9 462.8 406.6 395.1 79,3 67,7 448,2 419.0 363.2 351,1 85,0 67,9 754.6 722,3 646.9 627.7 107.7 94,6 759.5 720.5 646 . 7 631.1 182,8 89,4 711.0 684.2 610.9 595,9 100.1 88,3 3,045 1,738 531 3,098 1,817 768 5,143 3,524 332 4,748 3,370 233 5,484 3,845 738 ...o.c.e 3, S39 9,696 49,015 5,824 TRANSPORTATION EQUIPMENT MOTOR VEHICLESs FACTORY SALES,, T O T A L s e 8 . 9 9 , e . . , . e s o » 9 , . 9 Domestic. ••••.••••••••••• Passenger cars, total....... Domestic.•• •••••••••••••• Trucks and buses, total.,.. Domest ic.••••«•••••••••• Truck trallers, productions Complete trailers* total..... VanS •«•••.•••••»•••••...••. Chassis, van bodies, for sale separately,, Beoethous0 .....do... ,,ffle.do..0 .....do... ..«,. . d o . . . .....do... ...number. .....do,,, 628,6 603 E 7 533.6 518.5 95,0 85,2 rV R e v i s e d , J / I n c l u d e s d a t a n o t shown s e p a r a t e l y . USCOMM-DC—5398 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