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July 12, 1968
A WEEKLY

BUSINESS
STATISTICS

SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

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

Index, 1941-43 =

Index, 1941-43 = 10

120
PRICES OF 425 INDUSTRIAL STOCKS
110

—

>

H

v/

100 -

~\
-J

90
80 70

Month/
(avg. of daily close)

.. L_J

1 1 1 1 1 1 1 1 1

i

i

i

i

i

1965

1

i

i

i

i

i

1

1966

l

I

i

i

i

1 1 1 1 1 1 1 1 1 1 1

1967

J FMAMJ

1968

JASOND

Data: Stand. & Poor's Corp.

Index, 1957-59 = 100
250

Index, 1957-59=100
250
RAW
200

STEEL P R O D U C T I O N

(ingots and all other forms)

-

-

150

100

r

X

200

'

-

Monthly

5 0 _i__i

I I 1 1 I I I I I

i

i

i

i

1965

i

1

i

i

i

i

i

1 I i

l

l

1 1 1 1 1 1

1 1 1 1 1 1 1 1 1 1 1

1967

1966

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

1968

Data: Amer. Iron & Steel Inst.

Billion Dollars
NEW
80

CONSTRUCTION

(Seas, adj., at annual rates)

h

Dollars
3.00
2.801|_

Total Put in Place
60

2.60

h

2.40

40

i i i i i i i i i

1965
Data: U.S. Dept. of Commerce

1966

fj-n\
k—

*

I I I I I I I I I I I I I I I I

1967

1968

2.00

46

]

H 44
42

/v J

Average Hours Per Week
(right scale)

40
38

i i i i i 1 11 i i i 1 i i i i i 1 i i i i i i i i i i 1 i i j i i 1 1 1 1 1 I t 1 1 1 1 1

1965
Data: U.S. Dept. of Labor

* Available only with subscription to the SURVEY OF CURRENT BUSINESS, at $6.00 annually, this Supplement
weekly and monthly data subsequent to those published in the latest monthly SURVEY

 provides selected


^«-

/
J

Average Hourly
Gross Earnings
(left scale)

2.20 |

\ ^ " "
i I i I I l i I i

(Hours seasonally adjusted)

L ^ v — • - * • •

Private Residential
(nonfarm)
20

MANUFACTURING HOURS &
EARNINGS

Hours
48

1966

1967

1968

2

WEEKLY

BUSINESS STATISTICS1
1967

1968

ITEM
July 8

July 1
WHOLESALE PRICES, 22 COMMODITIES 2 / „
ALL RETAIL STORES, SALES
Nondurable goods stores

0

„

98.3

97.9

94.1

94.0

94.3

5,792
3,984

6,703
4,491

6,518
4,267

6,780
4,317

206
1,030
979
243

324
1,196
1,139
158

154
944
883
202

152
934
872
191

44,574
47,642
23,547
431

44,856
48,543
23,884
462

47,506
53,242
25,404
323

47,574
53,537
25,585
261

47,440
54,685
26,202
566

73,302
47,872
192,138
24,197
63,820
27,616

73,061
47,848
192,957
24,348
64,052
27,519

77,474
48,465
206,297
26,451
67,663
29,985

76,302
48,463
208,868
26,505
68,999
30,095

78,114
48,598
207,964
25,633
69,232
30,196

5.82
91.31
98.55

5.86
91.36
98.52

6.63
*101.66
*111.28

6.63
*99.99
#109.01

6.61
•*100.08
*108.80

2,504
23,898
208,688
8,586

2,607
21,766
157,686
8,918

1,948
25,632
254,623
9,146

2,207
26,114
248,956
9,187

2,173
116.6

2,143
115.0

1,957
26,188
246,159
9,14-9
2,776
149.0

2,790
149.8

2,785
149.5

12.8

10.5

15.6

Assets and liabilities of large commercial banks: ij
Demand deposits, adjusted
mil..$..
Savings deposits .. „
do....
Loans and investments (adjusted), total
do....
U.S. Government obligations
do....
Commercial and industrial loans (gross)
do...,
Real estate loans (gross)
do....
Bond yields, domestic corporate (Moody's) %/
percent..
Stock prices, 500 stocks (Stand. & Poor's) £/„.. 1941-43^10.,
Industrials, 425 stocks „
do....
PRODUCTION:
Bituminous coal 2 /
thous. sh. tons..
Electric power, by utilities „...„.
mil. kw.-hr..
Motor vehicles (cars, trucks, buses)„.
uo.number..
Petroleum (crude) and condensate ^/.. .
thous. bbl. „
thous- sh„ tons..
1957-59=100o.

RAIL FREIGHT, REVENUE TON MILES

•.

June 29

6,481
4,142

FINANCE:
Currency in circulation 2 /
mil. $..
Federal Reserve bank credit outstanding, total i/« ...do
Member bank reserve balances 2 /
„
do....
Excess reserves, estimated 2 /
do. .. .

Index of production

June 22

mil. $..
do....

INITIAL UNEMPIOYMENT CLAIMS, State programs
thous..
INSURED UNEMPLOYMENT, all programs
do
State programs (50 States, D.C., and Puerto Rico) ...do....
FAILURES, INDUST. AND COMMERCIAL (Dun & Bradstreet)..number.„

Steel, raw

June 15

1957-59-100u.

bil..

1/ Data do not always cover calendar weeks. 2/ Tuesday price

MONTHLY

July 6
93.9

174
°""l45

1VL.

134
47,644
54,613
25,762
87

6.61
100.91
109.80

174,937
2,697
144.8

14-3

2 / Daily average, ij Wednesday data. * Tuesday averages.

BUSINESS STATISTICS
1968

1967
ITEM
May

June

Mar.

Apr.

June JD/

May

CONSTRUCTION AND REAL ESTATE
mil. $.„
do....
do....
. .do....

6,306
4,023
1,868
1,380

6,674
4,316
2,110
1,599

r5,902
3,904
1,873
1,468

r6,634
r4,350
r2,l6l
rl,702

7,100
4,613
2,413
1,919

Nonresidential buildings, total 1/
do....
Industrial .........
do....
Commercial
do....
Public, total
do....
NEW CONSTRUCTS PUT IN PLACE (SEASONALLY ADJUSTED AT ANNUAL
RATES), TOTAL
bil. $..
Private, total
do....
Residential (nonfarm)
do... •

1,501
499
597
2,283

1,509
515
577
2,358

rl,537
r442
r676
r2,284

1,513
423
676
2,487

73.9
47.8
22.1

72.4
48.1
22.9

1,427
430
587
rl,998
r83.2
54.9
27.4

r83.2
r54.8
r27.9

83.6
54.9
28.6

Nonresidential buildings, total 1/
do....
Industrial
do....
Commercial
do....
Public, total
do....
CONSTRUCTION CONTRACTS IN 48 STATES (F.W. Dodge Co.):
TOTAL VALUATION
mil. $..
Index (seasonally adjusted)
1957-59=100..
Building, total
mil. $..
CONSTRUCTION COST INDEXES:
DEPARTMENT OF COMMERCE COMPOSITE
1957-59=100..
LABOR FORCE, EMPLOYMENT, AND EARNINGS

17.8
6.0
7.1
26.1

17.3
5.9
6.7
24.3

rl8.7
5.3
• r8.4
r28.4

18.0
5.1
8.0
28.7

5,095
154
3,810

5,414
164
4,070
126

19.2
5.5
8.2
r28.4
5,417
176
4,055
r!31

4,878
146
3,S34

6,170
172
4,770

67,656
609
3,330
19,607
11,495
8,112
4,332

r67,755
632
r3,313
rl9,657
rll,533
r8,124
4,331

NEW CONSTRUCTION PUT IN PLACE (UNADJ.), TOTAL
Private, total
,. -,
Residential (nonfarm)
New housing units

EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS):
Total, seasonally adjusted
thous. «
Mining
.....<.
„„,....,«.aeU»....... do „.,,•
Contract construction
„
do....
Manufacturing
do....
Durable goods industries
do....
Nondurable goods industries
do....
Transportation, communication, electric, gas, etc.do...„

124

65,677
622
3,159
19,346
11,389
7,957
4,273

r/ Revised. ja/ Preliminary. 1/ Excludes farm and public utilities.
6006


65,821
621
3,131
19,356
11,369
7,987
4,276

131

132

r67,781
r631
r3,248
rl9,685
rll,541
r8,144
r4,283

67,863
627
3,169
19,725
11,548
8,177
4,320

MONTHLY BUSINESS STATISTICS—Continued

3
1968

1967
ITEM
May

June

Mar.

13,564
3,528
10,036
3,199
9,996
11,518
2,701
8,817

13,573
3,535
10,038
3,214
10,032
11,618
2,747
8,871

13,999
3,632
10,367
3,311
10,415
12,053
2,718
9,335

rl4,009
r3,641
rl0,368
r3,323
rl0,402
rl2,088
2,717
r9,371

rl4,Q39
r3,652
rl0,387
3,333
rl0,423
rl2,139
r2,721
r9,418

14,227
8,332
5,895

14,222
8,307
5,915

14,386
8,371
6,015

rl4,439
r8,406
r6,033

r44,441
r8,398
r6,043

40.5
3.3
41.0
3.3
39.5
3.1

40.4
3.2
41.0
3.3
39.6
3.1

40.7
3.4
U.4
3.7
39.8
3.3

r40.1
r3.0
r40.7
r3.1
39.2
2.8

r40.9
r3.7
r41.5
r3.8
r39.8
3.3

114.7
120.6
107.1

114.7
120.2
107.7

117.0
122.3
110.1

rll5.4
rl20.7
rl08.5

rUL7.7
rl23.1
rll0.7

2.81
2.70
2.99
2.87
2.55
2.46

2.82
2.71
2.99
2.88
2.56
2.46

2.96
2.85
3.14
3.02
2.69
2.59

2.97
2.86
r3.I5
3.03
2.70
2.61

r2.99
r2.87
r3.18
3.04
2.72
r2.62

mil. $.
do...
do...
do...
do...
do...

93,917
74,290
30,852
19,442
3,670
20,326

94,813
75,051
31,208
19,580
3,696
20,567

97,875
77,581
31,380
20,692
3,636
21,873

99,142
78,345
31,766
20,802
3,649
22,128

100,275
79,270
32,240
20,953
3,699
22,378

do...
do...
do...
do...
do...
do. •.
do...
do...

65,733
32,560
16,615
8,665
5,947
1,946
8,557
494

66,452
32,966
16,721
8,826
5,995
1,944
8,599
502

68,570
34,411
16,700
9,172
6,289
1,998
9,011
514

69,332
34,908
16,790
9,311
6,336
1,987
9,013
522

70,231
35,450
16,892
9,475
6,361
2,053
9,039
531

do...
do...
do...
do...
do...
do.. •
do...

19,627
8,017
6,848
1,169
6,331
939
5,379

19,762
8,077
6,902
1,175
6,334
965
5,351

20,294
8,370
7,136
1,234
6,263
1,025
5,661

20,797
8,488
7,246
1,242
6,559
1,069
5,750

21,005
8,508
7,242
1,266
6,830
1,092
5,667

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

7,062
2,559
2,074
2,429

7,458
2,678
2,155
2,625

7,100
2,589
2,140
2,371

7,694
2,789
2,280
2,625

7,883
2,875
2,334
2,674

do.
do.
do.
do.

6,612
2,342
2,008
2,262

6,697
2,322
2,017
2,358

6,846
2,346
2,233
2,267

6,930
2,403
2,170
2,357

6,958
2,401
2,183
2,374

do.
do.
do.
do.

6,554
2,238
2,032
2,284

6,823
2,338
2,081
2,404

7,380
2,567
2,331
2,482

7,342
2,517
2,354
2,471

7,479
2,578
2,319
2,582

do.
do.
do.
do.

6,361
2,219
1,948
2,194

6,531
2,281
1,995
2,255

6,814
2,330
2,173
2,311

6,800
2,339
2,159
2,302

6,869
2,343
2,159
2,367

mil.
do.
do.
do.

11,925
8,280
3,002
643

11,370
8,140
2,644
586

14,421
9,036
4,773
612

11,786
8,796
2,433
557

12,450
9,149
2,698
603

Apr.

May

LABOR FORCE, EMPLOYMENT, AND EARNINGS—Con.
EMPLOYEES ON PAYROLLS (NONAG. ESTAB.), seas. adj.~Con.
Wholesale and retail trade
thous.
Wholesale trade
do...
Retail trade
do...
Finance, insurance, and real estate
do...
Services
do...
Government
.do.. •
Federal
do...
State and local
do...
PRODUCTION WORKERS (MFG.PAYROLLS), TOTAL, seas, adj do...
Durable goods industries
.....do...
Nondurable goods industries
do...
HOURS (GROSS), AVG. WEEKLY PER PROD. WORKER (MFG. PAYROLLS):
Manufacturing, seasonally adjusted
hours.
Overtime hours
do...
Durable goods industries
do...
Overtime hours
do...
Nondurable goods industries
do...
Overtime hours
do...
MAN-HOUR INDEXES, AGGREGATE WEEKLY, seas, adjusted:
Manufacturing
1957-59=100.
Durable goods industries
do...
Nondurable goods industries
do...
HOURLY EARNINGS, AVERAGE PER PROD. WORKER (MFG.PAYROLLS):
Manufacturing, not seasonally adjusted
dol lars.
Excluding overtime
do...
Durable goods industries
do...
Excluding overtime
do...
Nondurable goods industries
do...
Excluding overtime
do...
FINANCE
CONSUMER CREDIT (SHORT- AND INTERMEDIATE-TERM):
Total outstanding, end of mo
Installment credit, total
Automobile paper
Other consumer goods paper
Repair and modernization loans
Personal loans
By type of holder:
Financial institutions, total
Commercial banks
Sales finance companies
Credit unions
Consumer finance companies
Other
Retail outlets, total
Automobile dealers
Noninstallment credit, total
Single-payment loans, total
Commercial banks
Other financial institutions
Charge accounts, total
Credit cards
Service credit
Installment credit extended and repaid:
Unadjusted:
Extended, total
Automobile paper
Other consumer goods paper
All other
Repaid, total
Automobile paper
Other consumer goods paper
All other
Seasonally adjusted:
Extended, total
Automobile paper
Other consumer goods paper
All other
Repaid, total
Automobile paper
Other consumer goods paper
All other
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):
Value, estimated total
Ordinary
Group and mass-marketed ordinary
Industrial
r / Revised, ja/ Preliminary.

6006


MONTHLY BUSINESS STATISTICS—Continued

4

1968

1967

ITEM
May

June

Mar.

Apr.

May

June

FINANCE—Continued
SECURITY MARKETS:
BONDS:
Prices (Stand. & Poor's Corporation):
Industrial, utility, and railroad (AAA issues):
Composite
dol. per $100 bond.
Domestic municipal (15 bonds) .....................do...
STOCKS:
Prices:
Dow-Jones averages (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
Railroads (20 stocks)
Standard & Poor's Corporation:
Industrial, public utility, and railroad:
Combined index (500 stocks)
1941-43=10.
Industrial, total (425 stocks)
do...
Capital goods (130 stocks)
do...
Consumers' goods (181 stocks)
do...
Public utility (55 stocks)
..do...
Railroad (20 stocks)
do...
Banks:
New York City (9 stocks)
.do...
Outside New York City (16 stocks)
do...
Fire and casualty insurance (16 stocks)
do...
New York Stock Exchange common stock indexes:
Composite
.12/31/65=50.
Industrial
do...
Transportation
do. •.
Utility
<
do...
Finance
.do.. „
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Market value
mil. $.
Shares sold
millions.
On New York Stock Exchange:
Market value
mil. $.
Shares sold
millions.

$3.4
101.1

81.7
100.2

76.9
92.7

76 B2
94.7

75.3
92.7

75.6
92.8

315o57
883.74
337 o 15
238.27

318.12
872.66
131.92
253.90

292.86
834.76
123.66
217.94

309.31
893.37
123.59
230.63

318.17
905.22
122.72
246.85

327.12
906.82
127.66
262.95

92.59
99.59
95.10
79.13
70.70
47.00

91.43
98.61
96.34
78.94
67.39
48.19

89.09
96.77
96.32
77.49
62.62
41.68

95.67
104.42
104.08
84.79
63.66
44.79

97.87
107.02
106.86
87.75
62.92
48.00

100.53
109.73
110.65

35.43
65.81
62.60

35.35
63.97
61.34

38.38
70.59
53.31

40.35
73.18
53.61

42.19
76.43
59.23

43.72
79.66
72.52

51.00
51.78
55.76
47.20
48.17

50.54
51.55
54.97
45.95
47.51

49.48
51.54
43.29
41.78
52.98

53.23
56.03
46.85
42.46
57.56

54.85
58.04
49.92
42.07
60.43

56.64
59.83
52.86
43.30
64.60

14,411
397

13,891
374

12,632
336

17,571
453

20,012
568

11,335
257

10,801
243

9,672
221

13,310
298

14,341
333

89.04

65.21
51.72

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