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^lMENTOrr^

June 15, 1962

ATISTICS
THE SURVEY OF CURRENT BUSINESS

cs

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 sn the latest monthly SURVEY

SELECTED BUSINESS INDICATORS
Index, 1941-43 = 10
100

Index, 1941-43 = 10
100

PRICES OF 425 INDUSTRIAL STOCKS
90

80

Mo

, , ..

Weekly
(Wednesday close)

"" ,,y 1

(daily avg. close)

H 90

-

70

\
-

60
50 n

,~4«A-JLa~i™Lxa™JL-™i-JL-. ..,1, 1 .1 1 I 1 1. .1 !

1959

I960

1 1

1 I

1 1 1 1 1 1 1 1 1

1961

i I

i i i

I i i

i i ijj

50

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

1962

Thousands
250

Thousands
1,000
MOTOR VEHICLE PRODUCTION

Monthly

(cars, trucks, coaches; U. S. plants)

800

600

400

200

"vfvy\

o L±^

i

i

»

i

1959

i

i

i

i

i

i

i

1960

II

I I I I I, I

I

L

i

i

i

i

i

1962

1961

Billion Dollars
450

200

Index, 1947-49 = 100
200
DEPARTMENT STORE SALES & STOCKS

PERSONAL INCOME
(seasonally adjusted, at annual rates)

(seasonally adjusted)
Stocks
(end of month)

175

400

350

150
Wage and Salarf
Disbursements

300

125
250
|)il I I ' I I I I I I

1959

' I ' I "

• I I I M '

1960

uajJajaj^

1,1,1 > , L i , U , 1,1 I

1961

1962

* Data for M a r c h a n d July 1961 include accelerated a n d special Government insurance

dividend payments, respectively.


100

1 ' I ' I ' I

1959

1 ' ' ' • ' > I I, M

1960

', 1 \ ,', I, l„l I, M ,' ' J

1961

'-JUULJLIJLJ-J^U

1962

2

WEEKLY BUSINESS STATISTICS
1961

1962

ITEM
May 19

May 26

June .3

June 10

..1947-49-100..

85.5
132

* 100.0
*94.8
*99.7
*!00.8
84.8
151

100.3
96.3
99.7
100.9
82.7
156

!00.2
95.7
99.6
100.9
82.0
147

100. 1
95.6
99.6
100.8
80.6
137

thous..

283
3, 159
2,191
254

285
3,028
2,091
349

248
1,826
1,560
329

245
1,756
!,507
285

231

"*°°*280

306

33,331
30,935
19,806
603

33,531
31,198
19,763
491

June 2

June 9

COMMODITY PRICES, WHOLESALE:

22 commodities 2/
INITIAL UNEMPLOYMENT CLAIMS, State programs

FAILURES, INDUST. AND COMMERCIAL (DUN & BRADSTREET)...number,.
FINANCE:
Federal Reserve bank credit outstanding, total 5/

do....

32,058
27,904
18,872
615

32,198
28,175
18,804
57!

33,406
30,970
19,812
485

33,327
31,153
19,829
530

62,120
28,202
112,147
31,397
31,460
12,85.5

62,210
28,408
111,406
31,43!
31,16!
12,832

60,657
31,955
121,312
32,125
33,123
13,990

60,857
32,045
120,832
32,320
32,978
!4,04i

6!,621
32,094
120,660
32,256
32,854
14,068

4.60
66.56
70.46

-4,62
66.64
70.57

4.58
64.27
67.66

4.57
61.11
64.2!

4.57
#58.08
#61.S3

1,339
13,887
102,597
7,061

1,394
15,004
152,626
7,054

1,376
16,008
180,049
7,267

1,367
16,202
179,648
7,279

1,363
55,471
142,923
7,218

2,042
109.6
593
305

1,662
89.2
587
311

1,646
.88.4
580
306

1,586
85.1
53!
278

100.1
94.9
99.7
100.8
80.5

Reporting member banks (of F.R.System) In leading c!t!ess4/

Stock prices, 500 stocks (Stand. & Poor's) 4/...1941-43=!G..

4.58
58.39
61.26

PRODUCTION:

Index of production
FREIGHT CARLOADINGS, TOTAL

,
,s

2,052
1 10. 1
532
275

1957-59-100..
,,,,,,,,,s,thous, cars,.

J./ Data do not always cover calendar weeks.
# Tuesday data.

2/ Tuesday prices.

MONTHLY

3/ Daily average.

Af Wednesday data.

178,433
1,580
84.8

* Monthly index for May 1961.

BUSINESS STATISTICS
1961

1962

ITEM
Apr? I

May

*4I2.2
*292.6
*48.9
*ll.5

**447.9
**3I2.7

452.8
317.9

**50.8
**ll.5

50.6
11.5

Corp. profits and inventory valuation adj.,total.do....
Corporate prof its before tax, total
.do....
Corporate profits tax liability.
......do....
Corporate profits after tax..
do...*
Inventory valuation adjustment
...........do....
Net interest.
do....
PERSONAL INCOME, BY SOURCE:
SEASONALLY ADJUSTED, A T ANNUAL RATES:
Total personal income..
......do....
Wage and salary disbursements, total....
do....
Commod i ty-produc i ng i ndustr i es
.........do....
Manufacturing only.
......
.do....

*40.0
*39.6
*I9.6
*20.0
*.4
*19.2

**52.l
**52.4
**26.0
**26.5
**-.3
**2o!7

51.5
51.3
25.4
25.9
.2
21.3

409.8

413.2
277.2
110.5

Distributive industr i«s
do....
Servi ce i ndustri es..,
.do....
Government.
......do....
Other labor income.....
.do....
Proprietors 1 income:
Business and professional........
.....do....
Farm
e... c...........do....
Rental income of persons
....do....
D i v i dends
•••• do....

72.3
42.3
51.0
10.7

February

March

April

May

r438.9

440.0
298.2
119.3
94.6

GENERAL BUSINESS INDICATORS
NATIONAL INCOME:
SEASONALLY ADJUSTED QUARTERLY TOTALS AT ANNUAL RATES:
NATIONAL INCOME, TOTAL..........
bil. $..
Compensation of employees, total
.do....
1
Proprietors Income, total............
do....
Rental income of persons.
do....

Personal interest income
.do..,.
Transfer payments
........................do....
Less personal contributions for social insurance.do....
Total nonagricultural income
do....

433.3
293.1
116.2
92.0

435.9
294.7
!16.9
92.9

72.9
42.5
51.3
10.8

76.1
45.4
55.4
S2.0

76,
45.
55,
12,

36.1
12.9
11.5
14.2

36.3
12.9
11.5
S4.2

37.6
12.9
11.5
14.9

37.8
12.9
M..5
15.2

26.8
32.5
9.6
392.9

27.0
33.0
9.7
396.4

28,
33,
10,
415.8

28.9
33.5
!0e6

274.6

109.1
86.1

87.6

* Data are for 1st quarter 1961. *# Data are for 4th quarter 196!

r./ Revised.
Digitized for 5505
FRASER


418.2

r297.5
rll9.2
r94.5
76,6
r45.9

55.9
12.2
37.9
!2 S 7
IL5
r!5.2
29,
33,
10.
r421,

76.7
46.1
56.2
12.3
38.0

29.3
33.7
10.7
422.2

MONTHLY BUSINESS STATISTICS — Continued

3

1961

1962

STEM
April

|

May

February

March

1

May

April

DOMESTIC TRADE
RETAIL TRADE, ALL RETAIL STORES:
ESTIMATED SALES (UNADJUSTED), TOTAL J./.............mil. •$..
Durable goods stores..... e .........................do,...
Automotive group.,<,.••«..«.«•.•«.#.«*......•••....do....
Furniture and appliance group.....................do.... |
Lumber, buifding, hardware group..................do....
Nondurable goods stores.......,........ ............do....
Apparel group..••••••••••••••••••••....»••••.«... 8 do e ...
Drug and proprietary stores......................do.. # .
Eating and drinking places...........••••...••....do....
Gasoline service stations.,....................... do...,,
General merchandise groups...........
...do.,,.
ESTIMATED SALES (SEAS. A D J . ) , TOTAL 1/

......do....

Lumber, building, hardware group.................do...-.

Appare!

group................................... s do ese .

Food group
«...»......,,.»..»..,........«..».do.aee
Gasoline service statIons........................do....
Genera! merchandise group..........••••••.•••••••do..,.
ESTIMATED INVENTORIES?

12,526
1,105
62.9
1,386
4,574
1,523
1,966

11,002
795
622
1,185
4,314
1,333
1,513

i
1

I

1

r19,179
r6,299
r3,775
r779
957

20,185
6,752
3,960
837

r 12,831
r1,063
r657
r1,336
r4,97l
r1,487
r1,966

r12,880
r1,306
r645
r1,365
r4,535
r1,527
r2,150

13,433
1,198
665
1,496
4,805
1,617
2,261

r19,276
r6,190
r3,567
r888
r937

rl9,6S2
r6,346
3,658
877
979

19,451
6,102

1,539
2, 138

r13,086
rl,217
r658
r1,441
r4,680
r1,552
r2,246

r13,266
1,206
677
1,419
4,803
1,565

17.860
5,409
2,919
872
900

17,995
5,549
•3,105
839
877

j

18,974
5,986
3,370
879
932

12,451
1,076
628
1,380
4,548
1,474
2,027

12,446
1,103
630
5,347
4,624
1,480
1,974

|

12,988
1,170
665
1,414

i

1

4,732

1

!

1

13,349
...SwSOS

2,253

»®do.8(9e

r27.37
r I 1.83
M5.54
r26.78
rll.38
r15.40

27.52
11.96
15.56
26.86
11.42
15.44

..ra?l, $..

4,763

4,988

4,313

r5,26l

5,227

4,065
263
118
93
35
1,183
1,782
60
87
4,270
274
125
95
37
1,329
!,795
62
90

4,263
292
119
96
42
!,286
1,798
68
95
4,282
291
121
95
40
1,299
1,828
61
84

3,680
198
118
88
3!
965
1,744
44
72
4,533
313
135
99
36
1,407
1,890
63
98

4,517
273
130
98
41
!,253
2,100
54
89
r4,664
r3ll
133
100
41
r-1,51 1
1,903
64
102

4,470
361
130
98
37
!,394
1,805
62
97
4,589
302
138
100
39
1,410
1,921
65
100

11.69
4.03
7.66
13.34
6.87
6.47

12.72
4.41
8.31
13.34
6.83
6.51

11.57
3.96
7.61
13.56
6.79
6.77

r12.98
r4.52
r8.46
r13,68
r6.96
6.72

12.66
4.60
8.06
13.58
6.99
6.59

53,663
16,119
666
2,766
3,901
11,320
2,732
7,425
8,734

53,894
16,275
670
2,742
3,903
11,355
2 739
7 436
8,774

54,773
16,572
653
2,694
3,914
!!,447
2 774
7,675
9,044

r54,90l
r16,682
654
r2,648
r3,927
r11,460
r2,776
r7,68l
r9,073

r55,229
r16,847
r656
r2,727
r3,938
r11,532
r2,777
r7,662
r9,090

p55,29l
p16,873
p659
p2,69!
p3,93l
pI 1,562
p2,786
p7,666
p9,123

IS,712
11,910

11,875
!2,060

12,187
12,300

r 12,240
r12,387

r 12,340
r12,546

p12,368
p12,559

6,582
6,637
93
537
296
458

6,820
6,846
96
513
310
432

6,857
r6,903
96
r509
311
r435

r6,939
r7,009
97
r530
312
454

p6,987
p7,047
p98
p547
p3l2
p460

Lumber yards, building materials dealers...

...do.,..

Estimated sales (seasonally adjusted), total.

..do....

do....
.bi1. $..

Inventories, estimated (unadjusted), total...

11,984
1,019
607
1,313
4,486
1,439
1,803

r18,979
r6,148
r3,789
r8!4
T8I6

26.56
11.62
14.94
26.90
11.48
15.42

do....
»»do..ss

WHOLESALE TRADE:
Sales, estimated (unadjusted), total

15,989
4,987
3,00!
725
652

26.70
11.86
14.84
26.23
11.31
14.92

Furniture, homefurnishfngs stores.
Genera! merchandise group, ssssss * s ** sssssee4 >

Lumber yards, building materials dealers.

18,532
6,006
3,413
844
990

26,87
31.81
15.06
26.18
11.25
14.93

Nondurable goods stores......00..00..............do....
Nondurable goods stores......*,
RETAIL FIRMS WITH 4 OR MORE STORES:
Estimated sales (unadjusted), total.........
RETAIL FIRMS WITH II OR MORE STORES:

17,398
5,414
3,088
768
878

do....

o.e.e...

EMPLOYMENT, HOURS, AND EARNINGS
EMPLOYEES ON PAYROLLS (NONAGRICULTURAL ESTABLISHMENTS):
TOTAL, SEASONALLY ADJUSTED..
.thous..

PRODUCTION WORKERS ON MANUFACTURING PAYROLLS:

Lumber and wood products......
Furniture and fixtures
,,,,.,
Stone, clay, and glass products
ZJ Revised. j>/ Preliminary.

Digitized for 5505
FRASER


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

6,426
6,491
91
514 1
297
444

1/ Data for May 1962 are advance estimates.

I

fONIHLY BUSINESS STATISTICS — Continued
1962
I TEN
Apri I

May

February

March

Aprl !

May

EMPLOYMENT, HOURS, AND EARNINGS—Con"Hnued
PRODUCTION WORKERS ON MANUFACTURING PAYROLLS—Continued
Durable goods industries, unadjusted—Continued
Primary metal I n d u s t r i e s s a B O s o e 9 0 a e s s e 0 Q 9 s s e e o s o o o t h o u s e
Fabricated metal products
o.o..o..» 8 o..o..c.do„,
IvIaCh I n e r y . .

e

.ee .

aee

«s e .

S

oe . . e Qe « e o o e o o o o o o o o o 0 o o o a 0 d O e o o

Electrical equipment and supp I l e s 0 0 0 0 0 0 0 0 o o G o o o o ® e ® d o s o o
TransportatIon equ5pment•••••••••••••••••.••••••••«do 9 ..
-Instruments and related p r o d u c t S o ^ ^ o ^ . a o . o o o ^ ^ d O o ^
Miscellaneous manufacturing industries.. e s o a , o e e 8 . e .do. 8 S
NondurabIe goods Industries, u n a d j u s t e d 0 o e e e o f f l 0 O 0 e 0 o 9 d o e o Q
Seasona 11y adjusted••••• <, •»•»««<>•• o »<> o o o o • e o oo.« «do., •
Food and kindred products..... . S ooo e »»o. l >oa» 8 »., e . 9 clo 9 , 9
Tobacco manufactures e «• •••.••••o*oo*»*«i><>ee«o...»a®doe..
Textile mill products e ... o e < ; , s o o e o e a o 9 e o.ee e 0 o e 0 e> s s e do e o o
Apparel and related products s « 3S ooo 0e0 e oe oe e o a ,ooo<»o e do see
Paper and allied products........s . o a
..do, ( l
Printing, publishing, and allied industries^o^.^do,,,.
Chemicals and allied p r o d u c t s . e s e e o e 9 S . o . f f l . 0 . . o o s e o d o e o @
Petroleum refining and related industries.....••••.do...
Rubber and miscellaneous plastic products e e , S e e . e e e 9 d o a a o
Leather and leather products..........•••••••••••••do...
HOURS AND EARNINGS PER WORKER ON PAYROLLS OF MFG 0 ESTAB e :
Average weekly gross hours, mfg B fndus 0 , unadj O S o Q O S hours 3
SeasonaIly adjusted••••••••••••••••••••••.•••••«®do.,.
Durable goods Industries, unadjusted... oe .. 00 »oo«««do...
Seasona1 Iy adjusted..•.•••••••••••••••••••.•••••«ado...
Nondurab I e goods industries, unadjusted......... ee .do. ee
Seasona I ly adjusted( , e 9 9 , , , e , . . M 9 . 9 . 9 M , . , e . o o . c i o 9 e 9
Avg. hourly gross earnings, mfg. industrles 9e0t}00 „dol lars.
Durable goods industries........-.....<4.»...o.o..*a.do...
Nondurab I e goods J ndustr ies. eee ...............<,.... do...
LABOR TURNOVER IN MANUFACTURING ESTABLISHMENTS:
Accession rate, total......monthly rate per 100 employees.,
Seasona 11 y adjusted ............................... do...
NeW

nireSeoooo.saooss©ea©ees©.©«sae®oeseoB8©os®»«oaUO@eo

Separation rate* t o t a L o o ^ ^ M M o . B e ^ ^ ^ . o o . e . ^ ^ . d o . ^
SeasonaI Iy adjusted8,,.s.eo8»s»»».»848.»»..»»»9.do,09
Q u i t 0 o o s e 9 S o e @ e e s s o s s e e e s s e e S 6 s a o o 0 e e o o Q a s o o ® o o s o a .do...
L a y O T T « . . . . . . . a . . • . . • • « . « • « . . . . a s . . . e «•.•«•.•«...«•« a U O .. .

873
790
972
931
1,006
217
293

904
8S6
971
943
1,044
219
302

984
837
997
1,013
1,119
225
295

991
r843
r1,014
r1,014
rl.M8
r227
r299

993
r851
rl,025
rl,OI8
r 1,126
r227
r306

p980
p863
p1,030
p1,023
pi,140
p226
p309

5,286
5,419
I, 114
68
785
1,046
462

5,293
5,423
1,121
66
79!
1,033
464

5,367
5,454
1,088
75
793
S,093
468

r5,383
5,484
r1,086
r69
794
rl,106
47 S

r5,40l
r5,537
rl,IOI
r66
797
r1,098
473

p5,38l
P 5,5I2
pi,103
p66
p796
pi,081
p476

592
509
131
268
311

590
509
S32
274
311

593
512
127
295
322

596
r5!8
127
295
322

597
r528
128
r296
r318

p595
p524
p!29
p298
p3!4

39*3
39.7
39,8
40.0
38.7
39.3

39.7
39.8
40.2
40.2
39.0
39.3

40«
40,
40.
40,
39,
39,

40.3
40.5
r40 s 8
r4I.O
r39.5
r39.9

40.4
40.8
r4l. I
r4L3
r39.6
r40.2

p40@5
p40.6
p4LI
p4LI
p39.6
p39„9

2.31
2.47
2 JO

2.32
2.48
2.II

2.38
2.55
2. 15

2.38
r2.56
2.16

2.39
2.56
2.16

p2a40
p2.57
p2.S6

4.0
4.4
1.8
3.4
3.5
1.0
1.9

4.2
4.2
2.1
3.5
3.8
LI
1.8

3.5
4.1
2.0
3.4
369
I.I
1.7

r3.7
r4.3
2.2
r3.6
r3.8
1.2
rl.6

p3s8
p4.2
p2.3
P3.5
p3.6
pl.3
p 1.6

17,390
.914

17,403
.914

16,790
1.025

16,608
LOIS

16,495
LOIS

16,435
1.015

4.67

4.63

4.52

4.48

4.45

4.45

65.83
69.64
66.12
54.33
59.09
32.35

66.50
70.34
67.41
55.29
59.59
33.08

70.22
74.22
68.37
62.35
63.70
34.23

70.29
74.22
68.06
62.26
64.51
33.45

68.05
71.64
64.49
60.66
63.86
32.31

62.99
66.32
58.17
55.86
58.84
30.71

FINANCE
GOLD, MONETARY STOCK, U e S e , end of m o n t h . e s a e .
•mi I. $.
SILVER* PRICE AT NEW YORK..................dol per fine oz.
8
SECURITY MARKETS (STANDARD & POOR S C O R P . ) ;
Stocks:
Dividend yields, pref. stocks (14 high-grade)...percent.
Prices—industrial, public utility, and railroad
Combined Index (500 stocks).................194 1-43=10.
Industrial, total (425 stocks).............. .• e dO. 8 e
Capital goods (123 stocks)......*.....®,,.. ...do...
Consumers 8 goods (193 stocks)...,
...dO...
Public utility (50 stocks)........,
...do...
Railroad (25 stocks)...............
...do...
r/ Revised. j>/ P r e l i m i n a r y .
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