And change the PARM= to 00001 if you want to define it as a five-byte numeric 
in your program.

X'0001F1????' where the ? have the numeric as 0, gives you your 01100 in 
iterate, once it has been packed (prior to becoming binary) to use in the TIMES.

Unless you are going to use very large files only a small number of iteration 
times, I'd use one OPEN-process-CLOSE for the input, where the records are 
stored. Lots of OPEN and CLOSE are very slow.

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