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December 17, 1965
A WEEKLY

BUSINESS

SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U.S. DEPARTMENT OF COMMERCE / OFFICE OF BUSINESS ECONOMICS
D

BUS!NESS

IN D I C A T O R S

Index, 1941-43=10

Index, 1941-43=10
00 -

-

PRICES OF 425 INDUSTRIAL STOCKS

90

j * ^

0

0

0

* * * *

100

^"^ V /

80

-

70

Monthly

60

(avg. of daily close)
^Jt

J

1

L U - J

1

Data: Stand. & Poor's Corp.
1 .1.-1 - !
.,»o, .J—!—Un-x^JL-x * . x ,J J.

1 JL™0™JL™_

1962

1

.

1

.

1

1 , ™4

1964

1963

~

1 1 1 1 1 1 1 1. 1 1

1965

Index, 1957-59 = 100
180
ELECTRIC POWER PRODUCTION (by utilities)

J F M A M J

Monthly

Weekly

J A S O N D

Index, 1957-59 = 100
180

(E. E. 1. seas. a d j . index)

170

-

J****~*r

160

jfe 1 jj 1964 " 1

/m~'^^*S^

150

140
130

in

1965

J g g S

—Lmtai*^~^<^^-j

« 1—

,

,

0

S

,

1962

^ ^ ^ '

,

,

> l

I

,

™

m 0

^

t Data: t

Edisof Electric Inst.
™™l

Billion Dollars
30
SALES OF RETAIL STORES

150

-

140

,

1964

Data: U.S. Dept. of Commerce

i—i

J

1965

Dollars
2.80

160

H

1—t—„fc,—i,.—1.—J—...I.—• L...J. JL...— i — i — i — i — i — i — i — i — i — i — i — i

1963

170

.

1

J F M A M J

. • .

•

•

i

J A S O N D

48

MANUFACTURING HOURS & EARNINGS

(seasonally adjusted)

25

2.60

20

2.40
Nondurable

10 h

Durable

2.20

1962

2.00

Goods

I I I ,1 I 1 I I M I I I M I I I I I I I » I I I I I [ I I I I

1963

1964

Average Hours Per

42

Week*

1965

1.80

provides selected w e e k l y a n d monthly d a t a subsequent t o those published in t h e latest monthly SURVEY

40
^Seasonally adjusted

Data: U.S. Dept. of Labor
ii i i t » i i ii i 1 i i i

1962

*v%,y

'«*„yH

>«*% -*V%^ J * % J ^te*****

* A v a i l a b l e only w i t h subscription t o t h e SURVEY O F CURRENT BUSINESS, a t $ 6 . 0 0 a n n u a l l y , this Supplement




44

(right scale)

, , ,n,,,,M,,
\
. l l «.««..u..^^'««•^•''%^T'*'*
••
I I I I 1 I I I

/
Average
Hourly
Gross Earnings
(left scale)

Goods

!V..

15

46

•-'

1963

i

i

i

>

i

1964

t

i

i

i

I

t

•

i

•

i

I

i

1965

•

i

•

i

38

WEEKLY BUSINESS STATISTICS1

2

i964
ITEM
COMMODITY PRICES, WHOLESALE;
Al 1 commodities

I957-59-IOO.,

Foods, processed...

.do....

22 commodities 2 /
.
ALL RETAIL STORES, SALES......

-j..

do....
.mil. $..

•103.4
5,840

4, 1 18
346
1,600
1,475
269

INITIAL UNEMPLOYMENT CLAIMS, State programs..
thous..
INSURED UNEMPLOYMENT, all programs
.....do....
State programs (50 States, D.C., and Puerto Rico)...do....
FAILURES, SNDUST. AND COMMERCIAL (Dun & Bradstreet).number..
F S NANCE:

do

±/

Data do not always cover calendar weeks.

2/

MONTHLY

257

273

41,389
42,605
2 i,878

41.520
42,50!
2 i,747

41,732
43,018
22,190

41,929
43,519
22,377

487

228

423
66,045
45,100
162,477
Z4,1IV

4.59
83.46
88.15

4.75
92.60
98.54

1,654
19,769
256,969
7,790

!, 728
20,029
259.730
7,778

Tuesday price.

.......

4.77
91,94
97.80

49,135
22,425
4.78
91.50
97.37

1,906
20,542
254,043
8,003

1.937
19,669
205,658
7,990

1,801
21,059
256,835
8,022

.......
. .,

2,629
141.1
577

2,084
III.9
602

2,064
110.8
521

323

325

281

3/ Daily average.

4_/ Wednesday data.

2, 119
113.7
583
321

4.81
91.28
97.11

2,173
1 16.6

* Monthly index for D e c . 1964.

BUSINESS STATISTICS
1964

ITEM

108. I
103.0
108.3

202

64.102
45.048
161.007
24,276
48,951
22,387

2,634
141.4
569
316

103.7
102.3

247

315

.thous. sh. tons..
1957-59-100..
thous. cars..
do....

Dec. 11

257

64,435
44,969
160,618
23,268
49,303
22,356

Bond yields, domestic corporate (Moodv 8 s) 3/
percent..
Stock prices, 500 stocks (Stand & Poor ! s) 4/..1941-43=10..
Industr i a 1s, 425 stocks
do....
PRODUCT ION;

Steel....
Index of production.... „
FREIGHT CARLOAD!NGS, TOTAL...
M i see 1 1 aneous

257
i, 1 15
1,027

103.5
101.8
107.3
103.0
106.6
6,341
4,351

290

'.

.....mil. kw.-hr..
.-es = = s «,number = !

106. I
5,537
3,757
229
1,228
1, 138

106.2
5,765
3,836

21, i42

Dec. 4

64,967
40,343
146,275
26.941
40,914
19,934

Commercial and industrial loans (gross).........do....
Real estate loans (gross)............„
....do....

Electric power, by utilities....
Motor vehicles (cars, trucks, buses)

*I00.8
*92.8
*iO0.8
*I0I.8
103.4
6,220
4,376
330
1,660
1,536
285

Nov. 27

64,607
40,312
146,997
27,256
40,999
!9,909
4.59
83.79
88.56

Reporting member bank (of F.R.System) in leading cities:^/
Demand deposits, adjusted
...mil. $..
Loans and investments (adjusted), total...

Nov. 20

39,476
39.480

39.277
38,969
2i,376
389

Federal Reserve bank credit outstanding, total 3/...do....

1965

Dec. 12

Dec. 5

Oct.

1965
Nov.

Aug.

Sept.

Oct.

Nov.

CONSTRUCTION AND REAL ESTATE
New construction?
Advance planning (ENR) ±/
mil. $..
CONSTRUCTION COST INDEXES:
Associated General Contractors (bldg. on!y)..1957-59=100..
Engineering News-Record:
Bui Iding
do....
Construction.
do....
DOMESTIC TRADE
RETAIL TRADE, ALL RETAIL STORES:
ESTIMATED SALES (UNADJUSTED), TOTAL 2/........... .mi I. $..
Durab le goods stores.
do.
Automot i ve group...
do. —
Furniture and appliance group....
do....
Lumber, building, hardware group
do....
Nbndurab I e goods stores
do....
Appare I group.
„
.do....
Drug and proprietary stores
do....
Eating and drinking places
do....
Food group
do....
GasoIi ne ser v i ce stat ions
do....
General merchandise group.,,.
do.
ESTIMATED SALES (SEAS. ADJ.), TOTAL 2/..
...do....
Durab ie goods stores.
do....
Automot i ve group
do....
Furniture and appliance group
......do....
Lumber, building, hardware group................do....
Nondurab le goods stores.
Apparel group
Drug and proprietary stores
Eating and drinking places
Food group
..
Gasoline service stations.........
Genera I merchand i se group

*

...

.do
do....
.....do
do
.
... i. .do....
...do
do;...

3,676

2,900

3,714

120

120

124

I 17.0
124.7

I 17.0
124.8

! 19.5
129.5

•22,989
7,539
4,225
I, 143
I, 15!
15,450
I, 197
755
1,969
5,402

1,761
2,801
2!,383
6,496
3,495
1,088
983

21,720
6,813
3,713
I, 169
995
14,907
I 355
689
! 568
5 017
I 712
3 021
2! 661
6 695
3 685
I 098
982

14,887
1,301
739
1,637
5,229
1,722
2,664

14,966
1,310
724
1,609
5,258
1,738
2,738

22,605
7, 133
3,858
I, 182
I, I 18
15,472
I 376
724

528

1 / Data for Oct. 1964 and Sept. 1965 are for 5 weeks; other months, 4 weeks.
Index as of Dec. I, 1965: Building, 120.4; construction, 130.0.


29249


1,930
2,793
23,544
7,837
4,639
I, 132
1,025
15,707
1,336
779
1,775
5,517.
1,826
2,889

3, 9! 5

3,895

4.618

124

124

124

120. I
129.8

120.4
129.8

*I20.2
*I29.7

24,892
8,414
4,814
1,239

24,512
8,223
4,737
1,290

16,478
1,395

16,289
1,455

22,741

7, 131
3,729
I, 158
I, 129
15,610
1,327
769
1,861
5,501
1,823
2,869
23,774
7,789
4,594
I, 136
1,024
15,985
1,347
807
1,805
5,626
1,834
2,946-

811

lp

1,958
5,867
1,865
3,026
23,959
7,838
4,457
1, 167

1,7/86
5,402
1,813
3,455
24,013
7,927

16,121
1,354

16,086

828
1,897
5,670
1,825
2,967

2 / Data for Oct. and Nov. 1965 are advance estimates.

MONTHLY

BUSINESS STATISTICS—Continued

3

1964

1965

ITEM
Nov.

Aug.

Sept.

Oct.

31,071
30,486

31,860
30,559

32,743
33,360

32,527
33,045

33,706
33,294

r58,370
rl7,146
r633
r3,074
r3,965
r12,225
r2,987
r8,656
r9,684

r58,879
rl7,477
r636
r3,124
r3,972
r!2,250
r2,994
r8,674
r9,752

r60,62l
r 18,072
r627
r3,189
r4,049
r12,600
r3,053
r8,946
r10,085

r60,756
r!8,098
r6l7
r3, 186
r4,067
r!2,64l
r3,06l
r8,967
rIO,I 19

r60,975
N 8 , 159
r623
r3,198
r4,070
r!2,68l
r3,067
r9,0lI
N O , 166

r!2,876
r12,639
r7,157
r7,068
r5,7l9
r5,57!

r 13,078
r12,960
r7,.4i2
r7,349
r5,666
r5,6!I

r13,540
r13,440
r7.683
r7,769
r5,857
r5,67l

rl3,773
r 13,457
r7,887
r7,781
r5,886
r5,676

r13,747
r13,500
r7,895
r7,793
5,852
r5,707

r!24.9

M28.9

r136. I

N40.3

r 141.5

r40.8
r40.7
41.3
41.2
40.0
39.9

40.9
40.9
r4i.7
r4l.7
39.9.
r39.9

rn-i . 1

r4l .0
r4i .7
r4l .7
40 .3
r40 .0

r40.9
41 .7
41 .6
40 .2
r40. !

41 .u

r4i .4
r4l.3
r42.2
r42. 1
r40.2
r40. I

r2.52
r2.69
2.30

r2.55
r2.72
2.31

r2. 59
2. 77
2. 36

2. 53
2. 51
2. 38

r2.63
r2.8!
2.38

64,999
94,544
68,627
5,035
3,389
11,699
65,478

64,607
97,707
69,515
5,333
4,364
12,548
65, 670

63,505
96,101
68,!89
5, 105
3,914
12,566
75,896

64,133
97,048
68,280
4,940
5,591
12,075
76,276

r65,OI2
r100,028

40,061
16,464
96,545
39,882
5,863
8,030
19,719
27,267
47,8i8
26,928
21,655
20,890

40,312
16,237
98,992
40,999
5,865
8,43!
19,909
28,335
48,005
27,256
22, 103
20,749

43,827
20,990
11 I,071
46,987
6,224
10,289
21,739
30,I 13
47,086
22,992
20,322
24,094

44.319
21,003
1 1 1,755
48,117
5,453
10,154
22,012
30,553
47,023
22,830
20,202
24,!93

r44,805
r2!, 342
r!!2,727
r48,778
5,587
10,058
22,23!
r30,506
47,769
23,991
19,948
23,778

315.64
311.22
264.96
14. 10
46.26
4.42

318.49
314.02
267.36
14.33
46.66
4.46

318.24
313.90
264.12
!4.92
49.78
4.34

316.75
312.36
264.29
15.40
48.07
4.39

318.90
314.56
267.60
15.18
46.96
4.34

.82

.83

.50

.52

.49

49.70
.37
.41
15,461
1.293

49.81
.35
.36
15,386
1.293

50.26
.37
.46
13,857
1.293

50.28
.34
.45
13,858
1.293

50.36
.37
.41
13,857
1.293

92.8
109.3
3.36

92.7

Oct.
DOMESTIC TRADE—Continued
RETAIL TRADE, ALL RETAIL STORES—Con.
ESTIMATED INVENTORIES:
Unadjusted, total
.
Adjusted, total.
EMPLOYMENT AND POPULATION

mil. $..
do....

EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS): J./
TOTAL, SEASONALLY ADJUSTED
thous..
Manufacturing
do....
Mining.
do....
Contract construct ion
do....
Transportation and public utilities
do....
Wholesale and retail trade
i.....
do....
Finance, insurance, and real estate
..do....
Servi ces and mi see I ! aneous
do....
Government
do....
PRODUCTION WORKERS ON MANUFACTURING PAYROLLS: ±/
TOTAL, UNADJUSTED....,
do....
SEASONALLY ADJUSTED
do
Durable goods Industries, unadjusted.
do....
Seasonal ly adjusted
do....
Nondurab le goods industries, unadjusted
do
Seasonal iy adjusted...^
.do....
Aggregate weekly payroll index:
Manufacturing (production workers), unadj. J/.1957-59=100..
HOURS AND EARNINGS PER PRODUCTION WORKER ON PAYROLLS OF
MANUFACTURING ESTABLISHMENTS: U
Average weekly gross hours, mfg. indus., unadj......hours..
Seasonal ly adjusted.
.do....
Durable goods Industries, unadjusted
do....
Seasonal ly adjusted
.'
.do....
Nondurable goods industries, unadjusted
do....
Seasonal ly adjusted
do....
Avg. hourly gross earnings, mfg. industries
Durable goods industries
Nondurable goods industries..
FI NANCE

dollars..
do....
do....

Weekly reporting member banks of Federal Reserve System,
condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted 2/
mil. $..
Demand, total
do....
Individuals, partnerships, and corp
do....
States and political subdivisions
do....
U.S. Government
do....
Domest i c commerc i a I banks...
do....
Time, total
do
Individuals, partnerships, and corp.:
Savings
do .
Other time
do
Loans (adjusted), total 3/
do..*.
Commercial and industrial
do
For purchasing or carrying securities
do
To nonbank financial institutions
do .
Rea I estate Ioans
do....
Other loans
do
Investments, total
do....
U.S. Government obi i gat ions, total..
do....
Notes and bonds
do....
Other securities
do....
FEDERAL GOVERNMENT FINANCE:
Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
bil. $..
Interest bearing, total......
„
do....
Pub I ic issues
do....
Held by U.S. Government investment accts
do....
Special issues
do....
Noninterest bearing,......... a ...„„„ 0 .„..........do....
Guaranteed obligations not owned by U.S. Treasury,
end of month
,.„
bil. $..•
U.S. savings bonds-:
Amount outstanding, end of month
do....
Sales, series E and H
...do
Redemptions
.do.
GOLD, MONETARY STOCK, U.S., end of month
...... ° [mil .*$.*!
SILVER, PRICE AT NEW YORK
......do!, per fine oz..
SECURITY MARKETS:
Bonds (Standard & Poor*s Corporation):
Prices:
Industrial, utility, and railroad (AI+ issues):
Composite (21 bonds)
dol. per. $|00bond..
Domestic municipal (15 bonds)
do
Yields: Domestic municipal (15 bonds)
percent..

95. I
I 10.9
3.26

95.2
I 12.0
3. 18

93.5
I I 1.0
3.25

ri1,348
r5,572
r2,442
r13,692
r77,!70

3.42

r_l Revised. $J Preliminary. ±/ Employment and earnings data reflect adjustments to Mar. 1964 benchmarks and are not strlct'lv comparable
with previously published estimates. 2 / Other than domestic commercial interbank and U.S. Govt, less cash items in process of collection.
3/ Exclusive of loans to domestic commercial banks and after deduction of valuation reserves.

29249



MONTHLY BUSINESS STATISTICS — Continued

4

1965

1964
ITEM
Nov.

Oct.

Aug.

Oct.

Sept.

Nov.

CHEMICALS AND ALLIED PRODUCTS
ORGANIC CHEMICALS, PRODUCT!ON:
Acetic anhydride,,........................... ......mil. lb..
Acety!sa!Icy 1Ic acid ( a s p i r i n ) . . . . . . . . . . . . . . .........do....
Creosote o i l . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .....mi 1. gal..
DDT.........................................
Ethy1 acetate ( 8 5 $ ) .
................... .........do....
Forma 1dehyde (37$ H C H O ) . . . . . . . . . . . . . . . . . . . . . .........do.
Glycerin,, refined, all g r a d e s :
Stocks, end of month..................... .........do....
Methanol, s y n t h e t i c ....................... .....mi 1. gal..

118.3
2.5
9.8

1 18.9
2.2
10.6

6.4

1 1. 1
238.6

252.9

128.0
2.3
9.0
13.5
8.7

156.5
2.6
8.7
11.3
13.2

134.4
3.0
7.9
9.6
10.9

252.3

r274.!

252.8

25.3
29.6
34. 1
56.5

26.3
30.1
34.0
47.3

30.3
28.2
35.9
48. !

27.9
29.8
34.0
47.7

33.7
32.6
34.9
47.5

10.0
5. 1
4.7
3.8

10.5
5.5
5.0
3.9

17.2
6.0
5. 1
4.6

17.0
r5.2
r5.4
4.6

PI5.8
P4. 1
P5.3
P4.6

8.8
8.3

9.0
8.5

8.2
7,0

8.2
7.3

P8.2
P7.5

15,923
14,917

14,812
14,122

19,333
18,36!

r!6,733
r17,393

18,239
16.638

1,792

1,356

2,830

r2,886

4.471
956
2,274
1,679

4,024
1,179
2,137
1,550

4,976
1,764
3,357
1,382

4,929
1,371
2,838
r1,488

METALS AND MANUFACTURES
STEEL MILL PRODUCTS, INVENTORIES, END OF M O . :
Consumers (manufacturers o n l y ) . . . . . . . . . . . . . mi ! „ sh. tons..
Consumption during month................. .........do....
Warehouses (service c e n t e r s ) . . . . . . . . . . . . . . .
do
Product ng mi 1 Is:
In process (ingots, semifinished, e t c . ) . . .........do....
Finished (sheets, plates, bars, pipe, etc )........do....
STONE, CLAY, AND GLASS PRODUCTS
Glass containers:
Product ion................................. .thous. gross.,
Shipments, domestic, total.....
.........do....
General-use food:
do
.
Wide-mouth food (incl. packers' tumblers, jelly
glasses, and fruit j a r s ) . . . . . . . .
do
Beverage................................. .........do....
Beer bott1es.............................
.....
do....
Medicinal and toilet..................... .........do....
Chemical, household and industrial........ .........do....
.....do
.do....
TRANSPORTATION EQUIPMENT
MOTOR VEHICLES:
FACTORY SALES, TOTAL
....do....
Passenger c a r s , total

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

1,932
,

5.030
1,379
2,332
1,759

3,000
621
124
26,432

3,225
536
i 15
26,929

3,371
564
117
27,314

r3,193
r560
128
26,401

3, 548
552
106
27,537

491.8
463.7

794. 1
748.8

444.7
433.9

598.7
574.2

1,016.8
974.3

41 1.5
394.7
80.3
69.0

679.2
648.4

114.9
100.3

333.0
330.4
1 1 1.7
103.5

459.7
445.2
139.0
129.0

862.2
831.8
154.6
142.5

563.5
39.9
97.8

766.7
54.3
129.7

589.5
51.7
122.6

745.8
52.1
133.1

|

*l 069 9

*9|3 2
*!56 7

REGISTRATIONS: ±/
New passenqer cars.,

£./ R e v i s e d . £_/ P r e l i m i n a r y .
USC0MM-DC—29249

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

* Preliminary estimate of production.

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658.5
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!

i

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