THIS WEEK IN BUSINESS Sales were about $200 million more than in both the first and fourth quarters of last year. Life insurance companies' purchases in the first quarter of this year were greater than in the similar
period of 1965, but were $50 million lower than in the fourth quarter of 1965. Sales of $200 million in the first quarter were the highest ever. Property and casualty insurance companies had a net loss in their
July 4, 1966
holdings of common stock during the first quarter of 1966. Purchases of $185 million were less than sales of $250 million, thus giving these firms $60 million less in common stock holdings.
Drugs
Chemicals 600
619.6 500
500
June 17 400
sp>\
370.1
21 Others
Standard & Poor's k25 Industrials
350.8 300
370.1
300
Big 7 230.6 200
200
3rdQtr.
4th Qtr.-
1st Qtr. 1966
2nd Qtr.
3rd Qtr.
Petroleum
4th Qtr.
1st Qtr. 1966
2nd Qtr.
Rubber
600
600
500
500 456.6
400
y
"X 418.9
400 370.1
370.1
300
300
200
200
3rd Qtr.
4th Qtr.
1st Qtr. 1966
2nd Qtr.
3rd Qtr.
4th Qtr.
1st Qtr. 1966
2nd Qtr.
JULY 4. 1966 C&EN 29
