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NOVEMBER 29,1974

* * T E S O*

A WEEKLY

BUSINESS
STATISTICS

•

SUPPLEMENT
TO THE
SURVEY OF CURRENT BUSINESS*

U.S. DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC Ah
Billion $
I 425
!
j 400

Billion $
400 i
TOTAL LOANS AND INVESTMENTS
(Weekly Reporting Member Banks of Federal Reserve System)

375
350
325
300
275

{Wednesday data)

250

_JL_.L_I.-J

1971
Dala

1972

1973

1974

J FMAMJ

L J -I

J

j
i

i

i

I

275

A S O N D

federal Reserve Board

Thousands
1,400 [

Thousands
350

1971

1972

1973

1974

J

F M A M J J A S O N

Data: Motor Vehicle Migrs. Assn. of the United States, "nc.

1967=100

1967=100

200 I

200
RAW

STEEL P R O D U C T I O N

1971
Data Amer. iron & Steel Inst.

(ingots and all other forms)

1972

1973

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

provides selected weekly



1974

J FMAMJ

J

A S O N D

WEEKLY BUSINESS STATISTICS1

2

1974

1973

ITEM

Nov. 24

Nov. 17

Nov. 2

Nov. 16

Nov. 9

Nov. 23
225.1
277.9
194.4

1967=100..!
do |
do...

190.8
189.3
191.8

193.4
190.8
195.2

228.6
278.5
199.2

230.7
282.3
200.4

232.1
290.3
198.8

mil. $.
do...

10,410
7,093

9,909
6,959

10,719
7,379

10,444
7,503

10,588
7,587

INITIAL UNEMPLOYMENT 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.

261
1,576
1,428
189

238
1,768
1,597
180

375
2,408
2,103

435
2,525
2,213
229

451

195

188

76,052
90,648
36,990
302

77,025
90,755
36,532
199

77,215
91,703

102,114
57,668
383,395
21,950
129,376
60,037

WHOLESALE PRICES, 22 COMMODITIES 2/
9 Foodstuffs
13 Raw Industrials
ALL RETAIL STORES, SALES
Nondurable goods stores

262

FINANCE:
Currency in circulation 3/
mil. $.
Federal Reserve bank credit outstanding, total 2/....do...
Member bank reserve balances V
do...
Excess reserves, estimated 3/
do...
Assets and liabilities of large commercial banks: 4/
Demand deposits, adjusted
do...
Savings deposits
do...
Loans and investments, gross adjusted, total
do...
U. S. Government obligations
do...
Commercial and industrial loans (gross)
do...
Real estate loans (gross)
do...

69,834
82,749
34,871
146

70,181
85,044
35,095
369

75,624
90,844
36,894

98,366
56,481
343,262
24,261
107,460
54,338

97,967

101,052
57,468

Bond yields, domestic corporate (Moody's)3/
percent.
Stock prices, 500 stocks (Stand & Poor's) 4/...1941-43=10.
Industrial, 425 stocks
do...
PRODUCTION:
Bituminous coal
Electric power, by utilities
Motor vehicles (passenger cars)
Petroleum (crude) and condensate 3/
Steel, raw
Index of production
RAIL FREIGHT, REVENUE TON-MILES

thous. sh. tons.
mil. kw.-hr.
number.
thous. bbl.
thous. sh. tons.
1967-100.
bil.

315

24,872
107,381
54,416

128,525
59,965

99,178
57,586
381,447
21,605
129,438
59,945

8.02
102.45
115.16

8.02
99.76
112.14

9.73
74.31
83.29

9.67
74.75
83.68

9.61
73.35
82.00

11,560
34,712
208,673
9,053
2,907
119.2
17.4

10,575
32,884
162,187
9,092
2,959
121.3
15.0

13,285
34,075
199,361
8,653
2,814
115.3
17.8

14,360
34,484
176,321
8,652
2,780
113.9
17.3

7,340
35,078
168,657
8,606
2,751
112.8
15.9

56,315
342,713

378,920
20,522

36,844
63

9.56
67.90
75.77

139,573
*2,6U2
108. k

1/ Data do not always cover calendar weeks. 2/ Tuesday price. 3/ Daily average. 4/ Wednesday data-

MONTHLY

BUSINESS STATISTICS
1974

1973

ITEM
Sept.

Oct.

July

Aug.

Sept.

Oct.

GENERAL BUSINESS INDICATORS
MANUFACTURERS' SHIPMENTS: J /
Value (not seasonally adjusted):
Durable goods industries, total
Primary metals
Transportation equipment
Value (seasonally adjusted):
Durable goods industries, total
Primary metals
Transportation equipment
Supplementary series:
Household durables
Capital goods industries
Nondefense
Defense

mil. $
do..
do..

40,163
6,155
9,352

41,608
6,345
10,481

39,682
7,483
8,032

42,282
8,039
8,080

r46,389

47,421

r8,251
rl0,199

11,099

do..
do..
do..

39,248
6,266
9,783

40,879

44,122
8,136
10,045

44,825
8,474
10,112

r45,071
r8,415
rl0,324

46,815
9,017
10,713

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

3,042
11,118

3,152
11,408

9,583

9,783

1,535

1,625

3,192
12,106
10,675
1,431

3,200
12,205
10,708
1,497

r3,287
r 12,648
r l 1,010
r l ,638

3,273
13,059
11,386
1,673

do..

41,932

43,829

43,928

46,332

r47,622

46,022

do..
do..
do..

41,154
6,325
9,873

43,304
6,868

47,709
8,724

10,635

10,729

49,463
10,010
11,766

r46,591
r8,611
rl0,623

45,727
8,524
10,458

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

3,055
11,727
10,389
1,338

3,220
12,755
10,928
1,827

3,184
14,177
12,800
1,377

3,133
15,034
11,805

r3,128
r!3,510
rl1,832
r l ,678

3,266
12,679
11,350
1,329

do..

101,994

104,221

128,786

132,837

rl34,069

132,674

do..
do..
do..

103,450
14,857
28,612

105,874
14,996
29,126

129,667
17,904
32,764

134,305
19,438
34,421

rl35,828
19,636
r34,721

134,737
19,144
34,464

MANUFACTURERS' ORDERS: 1/
New orders, net (not seasonally adjusted):
Durable boods industries, total
New orders, net (seasonally adjusted):
Durable goods industries, total
Primary metals
Transportation equipment
Supplementary series:
Household durables
Capital goods industries
Nondefense
Defense
Unfilled orders, end of month (unadjusted):
Durable goods industries, total
Unfilled orders, end of month (seasonally adjusted):
Durable goods industries, total
Primary metals
Transportation equipment
r/ Revised.
61,821

1 / Data for Oct. 1974 are advance estimates.




6,730
10,121

3,229

8,462

MONTHLY BUSINESS STATISTICS —Continued

3
1974

1973

ITEM
Sept.

Oct.

July

Sept.

Aug.

GENERAL BUSINESS INDICATORS-Con.
MANUFACTURERS' ORDERS-Con. \J
Unfilled orders, end of month (seas, adj.)—Con.
Supplementary series:

Household durables
mil. S.
Capital goods industries
do...
Nondefense
do...
Defense
do...
NEW BUSINESS INCORPORATIONS (Dun & Bradstreet, Inc.):
Unadjusted
number.
Seasonally adjusted
do...
COMMODITY PRICES
CONSUMER PRICE INDEXES:
Unadjusted indexes:
All items
Special group indexes:
All items less food
All items less medical care
Commodities
Nondurables
Nondurables less food
Durabl es
Servi ces
Services less rent
Food
Meats, poultry, and fish
Dai ry products
Fruits and vegetables
Housing
Shel ter
Rent
Homeownership
Fuel and utilities
Fuel oil and coal
Gas and electricity
Household furnishings and operation
Apparel and upkeep
Transportation
Private
New cars
Used cars
Public
Health and recreation
Medical care
Personal care
Reading and recreation
PURCHASING POWER OF THE DOLLAR AS MEASURED BY-Consumer prices
CONSTRUCTION AND REAL ESTATE
NEW HOUSING UNITS STARTED:
Unadjusted:
Total (private and public)
Pr1 vately owned
One-family structures
Seasonally adjusted at annual rates:
Total privately own
One-family structures
NEW PRIVATE HOUSING UNITS AUTHORIZED BY BUILDING
PERMITS (14,000 permit-issuing places):
Seasonally adjusted at annual rates:
Total

One-fami ly structures

2,213
57,505
37,492
20,013

2,281
58,854
38,639
20,215

2,328
71,607
49,399
22,208

2,261
74,439
50,498
23,941

r2,100
r75,302
r51,323
r23,979

23,158
26,240

26,931
26,809

29,168
28,036

24,992
26,139

23,895
26,143

1967=100.

135.5

136.6

148.3

150.2

151.9

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

131.8
135.4
132.8
136.5
125.5
122.6
140.6
143.4
148.3
180.2
130.3
137.3

133
136
133
137
127
123
142
145
148.4
170.7
137.3
138.8

144.7
148.2
146.1
150.9
141.8
133.0
152.
156.
160.
154.
151.
178.

146.5
150.0
148.0
153.0
143.7
134.8
154.2
158.4
162.8
162.1
150.7
168.2

148.1
151.8
149.9
154.8
145.3
136.
155.
160.
165.
166.
151.
162.

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

136.6
142.9
125.4
149.2
126.8
133.6
126.5
126.1
128.3
123.9
121.6
109.1
120.3
145.5
131.1
138.3
126.3
126.8

138.1
144.7
125.9
151.5
128.6
141.1
127.4
126.7
129.6
125.0
122.9
111.9
118.5
145.2
132.1
140.6
127.3
127.2

150
154
130
163
150
218
146
141
135
142
141
118.0
140.2
148.6
141.0
151.4
137.8
134.6

152.8
156.
130.
165.
152.
220.
148.
143.
138.1
143.4
142.8
118.1
144.7
148.
142.
153.
139.
135.

154.9
158.1
131.4
167.9
154.0
222.7
150.2
146.6
139.9
144.3
143.8
118.4
148.8
148.8
144.0
155.2
141.2
137.0

1967s$l .00.

$0,738

$0,732

$0,674

$0,666

$0,658

thous.
do...
do...

148.9
148.4
84.5

149.5
147.1
86.0

127.2
126.6

90.7

rll4.0
Plll.l
r79.8

r98.0
r96.7
r72.7

do...
do...

1,844
990

1,674
957

1,338
958

rl,134
r812

rl,132
837

do...

1,656
807

1,379
676

1,017
632

900
618

r823
r577

149.0
109.9

149.6
109.5

159.3
107.6

160.6
H07.1

162.1
106.7

147.31
108.72

147.26
107.80

154.87
104.61

155.55
103.68

rl57.44
rl03.65

128.86
95.10

128.82
94.30

134.69
90.98

135.22
90.13

rl36.67
r89.97

r541
r883

r523
r885

730
1,130

540
1,070

440
800

r269
r368
2,954

rl94
r297
2,484

364
769

225
516

7,881

5,926

151
284
2,770

do...

LABOR FORCE, EMPLOYMENT, AND EARNINGS
Earnings per production or nonsupervisory worker on payrolls of private nonfarm establishments:
Average hourly earnings index, seasonally adjusted:
Current dollars
1967*100.
1967 dollars
do...
Gross average weekly earnings:
Current dollars, seasonally adjusted
1967 dollars, seasonally adjusted
Spendable average weekly earnings ( married worker with
three dependents):
Current dollars, seasonally adjusted
1967 dollars, seasonally adjusted
WORK STOPPAGES: 2/
Number of stoppages:
Beginning in month
number.
In effect during month
do..
Workers involved in stoppages:
Beginning 1n month
thous.
In effect during month
do..
Man-days idle during month
do..

r/ Revised, p/ Preliminary, y Data for Oct. 1974 are advance estimates. 2/ Revisions for Jan.-Aug. 1973 w i l l appear in the Nov. 1974
Survey of Current Business.



4

MONTHLY BUSINESS STATISTICS—Continued
1973

ITEM
Sept.

1974

Oct.

Oct.

July

Aug.

Sept.

110,269
88,034

rill,208

r29,266
67,775

pll0,625
31,909
29,888
68,520

FINANCE
FEDERAL RESERVE BANKS, CONDITION, END OF MONTH:
Assets, total
mil. $
Reserve bank credit outstanding, total
do..
Discounts and advances
do..
U. S. Government securities
do..
Gold certificate account
do..
Liabi 11 t i e s , total
do..
Deposits, total
do..
Member-bank reserve balances
do..
Federal Reserve notes in circulation
do..
SECURITY MARKETS:
STOCKS:
Dividend rates, prices, yields, common stocks (Moody's):
Dividends per share, annual r a t e , composite
dollars
Industrials
do..
Public uti 1 i t i e s
do..
Rai 1 roads
do..
N.Y. banks
do..
Property and casualty insurance companies
do..
Price per share, end of mo., composite
Industrials
Public uti 1 i t i e s
Rai 1 roads
Yi elds, composi te
Industrials
Public u t i l i t i e s
Rai 1 roads
N.Y. banks
Property and casualty insurance companies
Prices:
Dow-Jones average (65 stocks)
Industrial (30 stocks)
Public u t i l i t y (15 stocks)
Transportation (20 stocks)
rj Revised. £ / Preliminary,
USC0MT1--DC—61,821

101,944
81,123
1,558
10,303
101,944
30,919
28,240
61,628

107,422
85,454
2,198
78,491
11,460
107,422
34,886
31,787
62,120

78,103
11,460
110,269
32,697
27,376
67,131

111,915
91,070
4,320
81,131
11,460
111,915
34,576
30,247
67,706

9.62
10.58
5.03
4.06
7.54
11.88

9.73
10.75
5.03
4.09
7.55
11.88

10.72
12.05
4.82
4.34
8.13
13.22

10.93
12.15
4.82
4.40
8.13
13.22

10.93
12.15
4.82
4.40
8.13
13.22

11.01
12.27
4.83
4.47
8.13
13.50

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

287.99
357.90
72.38
77.35

288.50
361.44
68.21
80.73

214.84

196.82
243.55
39.93

173.29
210.45
39.01

200.62

68.49

62.50

243.12
42.91
76.17

percent
do..
do..
do..
do..
do..

3.34
2.96
6.Q5
5.25
2.75
3.20

4.99
4.50
10.74
5.80
4.45
6.42

5.55
4.99
12.07
6.42
5.01
7.33

6.31
5.77
12.36
7.04
5.47
7.35

5.49
5.05
11.26
5.87
4.39
5.63

236.19
783.00
68.47
158.36

223.13

199.29
651.28

C202.89
638.62

60.80

66.58
143.43

76,165

277.54
909.98
99.96
166.82

295.03
967.62
101.67
182.75

3,589

267.87
44.90
74.85

r89,930
2,920
81,035
11,460
rill,208
r33,616

729.30
66.23
151.68

c/ Corrected data.

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON, D.C. 20402

POSTAGE AND FEES PAID
U.S. GOVERNMENT PRINTING OFFICE
375

OFFICIAL BUSINESS

First-Class Mail

^6-19^

WEEKLY SUPPLEMENT

SURVEY OF CURRENT BUSINESS



134.60

pll0,625
87,030
1,120
79,351
11,460