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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON, D. C., JANUARY 5, 1939
SUMMARY OF BUSINESS TRENDS
Construction contracts awarded in December, as in the
XT OLID AY and seasonal influences retarded industrial activity
in the final fortnight of 1938 and the adjusted rate was 4 preceding months, reflected the continued active program of
somewhat lower than in the early part of December. Steel public works. Heavy engineering projects, as repoited by
ingot production was scheduled at 39 peicent of capacity for the Engineering News-Record, included some $280,000,000 of
the final week of the year, an extension of the curtailments that publicly financed projects for the month (5 weeks ended Decemhave reduced the rate of operations from 60 percent early in ber 29). Since July contracts awarded for heavy public conDecember- The decline in steel production during the month struction have totaled 1 billion dollars, nearly double the dollar
was more than seasonal and reflected in part the completion of volume of awards in the comparable period of 1937. For all
deliveries ou orders placed in October when prices were tempo- of 1938 contracts for public projects totaled 2 Million dollars,
rarily lowered. Automobile assemblies were maintained at an an increase of 50 percent from 1937.
The final 10 days of 1938 was marked by a definite strengthenactive rate throughout December after allowance for holidays,
and approximated 400,000 units for the month, or 50,000 units ing in security and commodity quotations. The Dow-Jones'
more than in December 1937. Electric power production in average of industrial share prices closed the year at 155, up
December was up more than seasonally from November and was -5 points from December 21, but was still 3 points below the
about 6 percent higher than in the final month of 1937. Railway November high. The "average" for railroad shares advanced
freight traffic in December reflected the contraseasonal decline 4 points to 34, a new high for 1938. Moody's index of 15
in coal loadings but total traffic other than coal was about important raw commodities closed the year at 144 (December
31, 1931 = 100), a gain of 4 points in 2 weeks.
4 percent higher than a year earlier.
SELECTED BUSINESS INDICATORS
STEEL INGOT PRODUCTION
(PERCENT
OF
(THOUSANDS OF
'a,11 m iml -u' 1 m Uul <MJ 1 UL\M W I m 1 '^j
1 ml ml
117072^-39
w I m 1 IU. I w 1 UJ liu 1 w [ ^ to I m • loii ^
{THOUSANDS OF BARRELS *
TOMS)
DAILY AVERAGE)
1
9}
iJ.Ul'JA'l^lUtl^vmJl'AL'
'il11 m 1 '&»' - M 1 MJ.1^1 W1 ^ \^i W1 J ^ U l 'JA'toj ' ^ J
'
11 11 i M
1935
ol
i
i i n
(THOUSANDS OF CARS)
VEHICLES)
CRUDE PETROLEUM PRODUCTION
BITUMINOUS COAL PRODUCTION
I THOUSANDS Of SHORT
FREIGHT CAR LOADINGS
AUTOMOBILE PRODUCTION
INGOT CAPACITY)
°' <JU I m uu I w I m to 1 w 1 m 1 &v 1 'AV1 m I '•&•
ELECTRIC POWER PRODUCTION
(MILLIONS O f
°^^l^l^l^!l^l^l^!^l^l'^l^l^'
WHOLESALE PRICES
STOCK PRICES
(1926-IPO)
(IHDEX'1926-100)
i H
t i
M
KILOWATT HOURS)
WEEKLY BUSINESS INDICATORS
[Weekly average, 1923-25=J100]
Dec Dec. Dec. Dec. Jan. Dec. Jan.
25
2
31 24 17 10
D e c . D e c . D e c . D e c . J a n Dec. Jan. Dec. Jan.
26
4
25
2
31
24
17
10
1
Business activity: 1
New York Times §cf..
Barton's eT
BusinessWeek
Commodity pi ices, wholesale:
I>ept. of Labor, 1926=100:
Combined index (813)
, Farm products (67)
_
Food fJ?2)
A
<
All other (624)
jFIsher's index, 1926=100:
Combined index (120)
Copper, electrolytic tCotton, middling, spot
Construction contracts t
Distribution: Carloadin?s
Employment: Detroit, factory,.
Financed
Failures, commercial
Bond yields t
.__
Finance—Continued
"Banking:
Debits, outside N . Y. C.J—Federal Reserve reporting
member banks:
Loans, total
.
Interest rates:
Call loanst
Time loans}:
Currency in circulationJ
Production:
Automobiles
Bituminous coalj
Cotton consumption^.
Electric power f
Lumber,.,
_
Petroleum XSteel ingots®
_
Receipts, primary markets:
Cattle and calves
Hogs.
Cotton
—-Wheat..-*
i_.J..i_..i_.-.—^
91.8 13.7 94.4 78.3 84.6 103.0 107.1 96.6
101.1 102.1 101.0 74.0 81.6 109.1 113.6 91.9
103.5 104.2 103.8 77.7 85.3 113.1 116.5 97.2
76.7
67.4 67. S
73.7
80.6 80.7
81-0
73.0
77.8
83.6
81.2
72.9
78.9
83.6
84.7
90.4
86.2
82.6
84.1
88.4
85.7
82.4
1936
1937
1933
1936
1937
1938
80.9
79.3
85.8
78.8
79.8 79.8 83.1 83.2 88.8 87.9 84.0
SO. 3
82.6 79.7 65.2
79.7 71.7
79.
79.7 79.
47.8 47.8 44.5
32.7 32.4 31.6 31.6 30.9
45.4 53.3
80.3
.59.9 63.2 64.6 47.7 47.8 61.4 58.7 56.5
126.1
74.5
56. £ 44.5 41.0 1,2.8
54.3
0 56.3
71.6 63.8 64.0 71.9
68.1 68.5 68.8 68.6
106-3 JSft.f
^Computed normal=ilO0.
•Data do not cover calendar weeks in all cases.
0Index for week ended Jan. 7 is 85.6.
cfFor description of these indexes, see p. 4 of the Dec. 16,1937 issue.
% Daily average.
101.8 118.5 89.4 94.4 111.3 107.4 122.9 122.9 110.9
67.5 67.8 68.0 67.7 75.1 75.4 73.5 73.4 66.0
24.2 24.2 24.
24.2 24.2 18.2
28.6 28.6 28.6 28.6 28.6 2S.6 28.6 28.6 22.9
142.0 143.2 141.7 141.0 135. 5 137.5 135.1 137.3 121.1
98.6 121.7 134.9
81.7 79.4
124.0
141.8 140.0
51.4 40.3
L57.3
165.6 157.3
65.5 87.3 97.2
132.0 64.9 88.1
70.4 73.4
118.9 68.4 74.4
139.2 119.9 125.2
21.4 32.5
155.8 165.0 167.7
101.1 32.4 38.6
84.3
97.1
103.4
111.3
35.8
134.6
126.5 127.2 77.2
94.1
104.9
133.7
124.2
3S.4
149.8
100.9
96.6
127.7
124.9
39.5
150.4
68.4 73.8 52.6 56.3 61.0 52.3 67.2
64.4 55.0 48.5 45.0 45.5 43.7 36.6
67.3 91.9 75.4 110.4 91. 2 100.4 76.9
-48.-2
5
33.fi 19:3
67.9
52.7
36.5 56.
•23,6 -44,
fWeekly average, 1928-30=>100.
ISeasonally adjusted.
WEEKLY BUSINESS STATISTICS1938
COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New YorkJ
..__-dol. per Ib.
Cotton, middling, spot, New York
do...
Food index (Bradstreefs)
do...
Iron and steel, composite...
...
dol. per tonWheat, No. 2 hard winter (K ansas City)
dol. per bu_
Banking:
FINANCE
Debits, New York City
mil. of doL
Debits, outside of New York CityJ
do...
Federal Reserve banks:
Reserve bank credit, total
do__.
U. S. Government securities
do.-.
Member bank reserve balances
do...
Excess reserves, estimated—
do...
Federal Reserve reporting member banks:
Deposits, demand, adjusted
do__.
Deposits, time
...do...
Investments, total
__-_do
U.S. Government direct obligations
.do...,
Obligations fully guaranteed by IT. S. Government.-mil. of doL.
Loans, total
do
Commercial, industrial, and agricultural loans
mil. of dol..
Interest rates, call loanst
percent.
.Interest rates, time loanst
do
Exchange rates:
French francj
..
.cents..
Pound sterlinet._._
dollars,.
J
*F«ininppE5wmimoreta*=^^±r^. .:-^*^*-:___
•_,-,
..mimbyf.
Dec. 31
Dec. 17
Dec. 10
0.110
.089
2.35
36.36
.71
0.110
0.110
.0S6
2.38
36.38
.67
0.110
.086
2.39
36.36
.67
0.110
.088
2.41
36.36
.65
0.099
.084
2.56
38.92
.96
0.099
.084
2.63
38.90
.96
0.114
.130
2.94
36.48
1.43
0.110
.130
2.92
35.33
1.41
0.090
.121
2.79
33.31
1.18
0.088
.129
2.58
32.51
1.03
'
2.34
36.37
Dec. 3
Jan. 1
Dec. 25
Jan. 2
Dec. 26
1935
Dec. 24
Jan. 4
Jan. 5
3,379
3,937
5,214
3,676
4,148
3,839
4,380
2,608
3,760
3,587
4,299
4,484
4,977
4,255
4,750
5,891
5.698
4,125
4,283
3,737
2,610
2,564
8,577
3,072
2,656
2,564
8,472
2,979
2,600
2,564
9,034
3,476
2,591
2,564
8,966
3,442
2,584
2,564
8,876
3,383
2,602
2;564
1,157
2,658
2,664
6,855
1,007
2,484
2,430
6,572
1,946
2,542
2,430
6,507
1,8S1
2,4S6
2,431
5,587
2,844
2,461
2,430
4,090
1,802
15,986
5,160
13,219
8,266
16,025
5,141
13,269
8,333
16,221
5,130
13,008
8,080
16,114
5,127
12,990
8,087
16,013
5,124
13,008
8,106
14,431
5,205
12,015
8,018
14,423
5,201
12,062
8,067
15,571
5,067
13,742
9,241
15,574
5,043
13,771
9,290
13,888
4,911
12,646
8,468
11,414
4,810
11,367
7,771
1,732
8,430
1,718
8,473
l.
8,496
1,685
8,460
1,682
8,317
1,116
9,387
1,110
9,418
1,238
9,189
1,240
9,170
1,126
8,249
641
8,115
3,843
1.00
1.25
3,857
1.00
1.25
3,872
1.00
1.25
3,881
1.00
1.25
1.00
1.25
4,601
1.00
1.25
4,617
1.00
1.25
1.00
1.25
1.00
1,25
2.631
4.656
236
6,896
2.633
. 4.666
229
6,952
2.621
4.670
.,-207
6,811
3.394
4.997
3.396
4.998
231
~ 6,676
36,450
3.95
5,040
102.81
92.1
110.6
79.0
28.6
43,750
4.16
7,898
86.06
77.3
fiO.O
73.7
28.2
40,390
4.13
5,721
91.53
82.5
96.1
77.5
31.2
74,240 ) 51,960'
3.68
3.69
8,225
6,905
135.48
134.44
124.2
121.0
141.5
140.9
110.9
108.8
54.6
62.0
Currency in circulation^
...mil. of dolj
Security markets:
50,970
Bond sales (iV. Y, S. E.)
thous. of dol. par value..
3.93
Bond yields (Moody'*) (120 bonds) J
percent..
7, 537
Stock sales (N. Y. S. #.)_._
.thous. of shares
106.94
Stock prices (N. Y. Time$)t
dol. per share
92.6
Stock prices (Standard Statistics) (420)
1926=100
111.3
Industiials (348)
do
77.5
Public utilities (40)
do.
30.1
Railroads (32)
do.
PRODUCTION, CONSTRUCTION, AND
Production:
DISTRIBUTION
Automobiles
_
_
number
75,215
Bituminous coal*
-thous. of short tonsl
Electric power
mil. of kw.-hr
Petroleum t_
thous of bbl
Steel insjot?®—.
pet. of capacity." "~38."8
Construction-contract awards!
thous of dol
Distribution:
Freight-car loadings, total.
_
cars
Coal and coke
*<j0
Forest products
_
.Il^do
Grains and grain products
do
Livestock
___
(j 0 """
Merchandise, 1. c. 1
"
ao
Ore
_
"(j0
Miscellaneous
d0
Receipts:
Cattle and calves
„
thousands.
Hogs
._
do..
Cotton into sight.
thous. ofbales.
95
Wheat, at primary markets
thous. of bu._
1,879
1936
1937
•pata do not cover calendar weeks In ail cases.
52,060
3.95
5,980
104.65
91.1
109.7
76.9
28.2
2.629
2.637
4.681
. 4.670
. ^216 ,—,22:
6,881
&--•
6,S4f
57,080
3.97
41,080
7,356
4,616
104.48
102.27
93.0
91.2
112.0
109.6
78.3
77.9
29.0
27.9
4.671
4.912,
181 ^
—6,-500 ^
1.00
4.671
4.912
167
6,GC8
73,510
4.15
10,731
113.21
97.7
112.3
93.6
41.5
61,440
4.75
4,421
87.45
71.0
S3.1
57.9
35. G
92,890
1.392
2,363
3,450
51.7
13,218
102,905
1,353
2,333
3,276
57.6
12,894
100,705
1,365
2,319
3,245
59.9
97,795
1,436
2,286
3,224
60.7
17,204
49,550
1,199
1,998
3,437
19.2
7,296
67,230
1,250
2,085
3,493
23.5
8,557
71,800
1,786
2,069
3,121
77.0
6,841
76,989
1,645
2,081
3,133
77.0
61,340
1,654
1,855
2,803
46.7
42.003
1,446
1,669
2,389
39.2
574,462
140,435
27,612
30,724
11,997
140,900
9,001
213,793
606,314
133,048
29,113
35,956
13,177
148,091
8,260
238,669
619,340
134,964
28,043
34,421
14,545
151,325
10,281
245,761
649,086
151,571
28,743
35,775
16,681
152,737
9,307
254,272
457,359
108,942
16,769
28,991
10,091
115,520
5,344
171,702
457,821
106,699
20,449
27,419
9,541
119,434
7,002
167,277
588,263
141,682
25,070
25,747
11,644
132,829
8,969
242,322
562,578
134,383
28,399
24,186
9,861
133,127
7,523
225,099
541,826
155,873
21,257
25,068
11,024
123,908
4,722
199,974
497,274
134,360
16,166
22,016
13,829
126,490
2,449
181,964
183
342
146
3,519
216
418
175
3,837
357
239
3,874
253
- 395
253
3,566
166
315
196
2,050
178
292
287
2,359
JDaily average.
193
295
237
1,619.
1C5
284
261
-2,664
# Rate forweeK ended Jar*. 7 is 50,7.
212
. 238
200
1,535
^258
,410
1,214
MONTHLY BUSINESS STATISTICS
Monthly statistics, through December 1937, to- 1938
1937
gether with explanatory notes and references
to the sources of t h e data may b e found i n t h e Novem- Novem- DecemJanuary
1938 Supplement to the Survey
ber
ber
ber
DOMESTIC TRADE
Pages 26, 27
Postal business:
Money orders:
Domestic, issued (50 cities):
Number
thousandsValue
thous. of dol..
Domestic, paid (50 cities):
Number
*_
thousands,.
Value
thous. of dol__
Retail trade:
Automobiles:
New passenger automobile sales:
Unadjusted
__~ 1929-31*=100..
Adjusted
:
do
EMPLOYMENT CONDITIONS AND
WAGES
Pages 39, 44, 47
Labor conditions:
National Industrial Conference Board (25 industries):
Average weekly hours per worker in factories
hours..
Labor turn-over in mfg. establishments:
Accession rate.-mo.rates per 100 employeesSeparation rate:
Total
do___.
Discharge
do
Lay-off
do
Quit
do....
Wages:
National Industrial Conference Board (25
industries):
Factory average weekly earnings—dollars.Factory average hourly earnings
do
CHEMICALS AND ALLIED PRODUCTS
Page 97
Vegetable oils and products:
Oleomargarine:
. Consumption (tax-paid withdrawals)
thous. of lb__
Price, wholesale, standard, uncolored (Chicago)
dol. per lb..
Production
thous. of lb—
ELECTRIC POWER
Page 99
Production, total
mil. of kw.-hr..
By source:
Fuel
do
Water power
do
By type of producer:
Privately or municipally owned
do
Other producers
,
do
LEATHER AND PRODUCTS
Page 125
Leather manufactures:
Production:
Total boots, shoes, and slippers
.
thous. of pairs..
Athletic.
do
All fabric (satin, canvas, etc,)-,
do____
Part fabric and part leather
do
High and low cut, total._do
Boys' and youths*
do
Infants'
do
Misses' and children's
do..
Men's—
±
.—do....
Women's
j .
__do
Coopers and moccasins-.for house wear
:*-._ *.,>•—!_
—*_futhous. of pairs:.
All other footwear... __£
do
METALS AND MANUFACTURES
Pages 131,134,135,136
Pig iron and iron manufactures:
Castings, malleable:
Orders, new
.short tons..
Production
_.
_
do.
Percent of capacity
Shipments
short tons..
Steel, manufactured products:
Barrels and drums, steel, heavy type:
Orders, unfilled, end of month
number..
Production
do
Percent of capacity
_
Shipments
number..
Stocks, end of month
do
Boilers, steel, new orders:
Area
thous. of sq. ft..
-•• Quantity
...^
number..
Furniture, steel:
Office furniture:
Orders:
.
New
....thous. of dol..
'^Unfilled, end of month...
do
Shipments
„
do
Shelving:
— Orders:
New.^JI--.*-*
:t_- ^_
do
Unfilled, end of month"-._*™""do
Shipments..,
„.„,
-ttldfc^"
'Kevised,
193S
March
April
May
June
July
August
**$?*
4,067
37,996
4,241
41,875
4,598
44,373
4,198
40,864
4,030
37,555
4,515
42,566
4,168
40,039
4,002
38, 111
3,956
37,450
3,720
35,862
3,842
37,238
3,775
36,651
4,170
39,485
14,028
106,097
14,114
112,737
15,865
120,235
12,602
93,941
11,932
89,070
14,697
111,332
13,312
100,887
12,789
97,283
13,366
100,260
11,975
92,785
12,543
98,005
12,846
99,470
39,9S9
107,933
99.9
104.0
90.8
89.0
70.1
78.0
50.8
65.0
5.3.6
74.0
76.0
61.0
80.5
60.0
76.5
57.0
65.0
50.5
61.4
56.5
49.2
54.5
37.1
60.0
36.9
35.6
34.1
32.5
33.4
33.3
32.9
32.7
33.1
33.8
35.2
36.2
36.7
4.24
1.79-
2.12
3.78
3.13 --- 3.13
2.58
2.84
3.44
4.81
5.29
4.51
5.19
3.14
.10
2.44
.60
6.87
.16
5.99
.72
8.51
.14
7.77
.60
6.08
.11
5.45
.52
4.39
.11
3.79
.49
4.46
.11
3.74
.61
4.54
.10
3.85
4.57
.13
3.82
.62.
4.41
.11
3.69
.61
3.81
.09
3.13
.59
.10
2.33
.65
3.56
.12
2.62
.82
3.30
.12
2.40
.78
26.32
.714
25.59
.717
24.36
.715
22.98
.710
23.53
.710
23.63
.714
23.53
.717
23.38
.718
23.74
.719
23.93
.713
24.93
.711
25.73
.714
26.14
.714
39,718
40,802
36,288
39,684
33,137
28,754
27,887
25,671
28,371
32,000
31,824
.150
30,221
.150
37,475
.150
40,728
.150
40,476
.145
36,201
.145
40,961
.145
32,641
.138
28,500
.134
27,938
.145
25,512
.158
28,718
.155
32,387
.153
31,092
10,237
9,819
10,051
9,633
8,709
9,468
9,082
9,197
9,523
10,180
'9,838
10,209
6,755
3,482
6,167
3,653
6,470
3,581
6,106
3,527
5,179
3,530
5,534
3,934
4,907
4,017
5,252
3,830
5,519
3,678
5,878
3,645
6,397
3,783
'6,376
3,462
••6,866
3,342
9,683
554
9,275
544
9,035
597
8,156
553
8,929
539
8,404
520
8,571
511
8,710
487
9,019
504
9,650
531
••9,314
•"524
'9,668
541
29,743
304
324
334
22,388
1,550
1,871
3,104
8,595
7,268
21,290
179
282
560
15,694
956
1,206
1,986
6,199
£,346
21,047
221
494
978
17,061
1,045
1,209
2,111
6,005
25,523
124
1,031
1,467
21,362
1,064
1,310
2,453
6,627
9,907
30,015
131
1,207
2,023
24,668
1,123
1,615
2,898
7,048
11,985
37,060
204
1,113
1,446
31,313
1,335
2,033
3,675
8,429
15,841
33,378
180
1,007
919
27,953
1,235
2,084
3,406
7,337
13,891
30,314
169
850
854
24,825
1,201
1,819
3,421
6,815
11,569
10,054
18,254
38,145
263
299
352
31,914
1,801
1,804
3,829
9,549
14,932
'34,872
282
'303
'314
27,758
1,636
1,864
3,552
9,223
11,449
4,405
371
279
1,162 ' 1,527 ~~2,303
458
377
929
901
30,552
187
279
263
26,299
1,405
1,577
3,339
6,915
13,063
3,107
417
42,003
295
270
437
36,054
1,936
1,802
6,283
109
26,744
225
391
245
22,329
1,340
1,676
3,047
7,217
9,049
2,881
672
~ 4,^552
314
5,019
299
'6,073
'176
3fi,643
35,351
43.0
35,563
28,170
32,457
40.0
37,028
19,753
27,784
33.4
27,675
19,724
18,680
22.7
23,045
17,564
17,097
20.8
20,560
18,143
18,077
21.7
21,673
16,905
16,630
20.2
17,500
25,752
25,799
31.3
21,102
29,061
29,460
34.8
26,941
32,989
29,828
36.3
29,554
29,812
248,376
788,040
49.0
799,678
24,603
635
947
17,076
18,894
23.1
20,910
19,557
19,252
23.5
20,59G
20,556
21,902
26.0
22,962
455,897 453,99S 530,507 484,965 498,917 448,567 399,085 448,176 361,750 378,675 445,310 374,454
747,734 638,988 542,969 529.566 773,570 678,191 696,264 696,528 629,448 766,374 '783,592 '841,653
52.3
-"48.7
ig o
47.6
43.3
41.9
47.8
35.0
35.5
48.4
41.7
o». I
748,015 644,287 542,278 533,715 771,313 680,180 696,738 685,453 622,155 771,283 759,188 865,572
26,116 20,108 31,330 26,799 28,770 25,474 23,118 34,089 41,287 35,756 '60,160 r 36,241
717
579
691
783
502
547
734
435
739
547
610
475
1,125
1,124
894
1,063
552
700
489
663
641
888
574
585
1,S13
1,064
1,707
1,945
1,250
2,024
2,124
1*284
2,125
1,980
1,274
1,990
1,673
1,105
1,842
1,816
958
1,962
1,440
976
1,421
1,290
974
1,293
1,689
1,128
1,591
1,554
1,202
1,480
335
255
442
511
469
490
400
335
471
3S2
304
413
411
298
416
440
276
462
392
346
322
303
321
32S
291
227
352
320
302
245
1,538
. 1,063
1,677
368
292
378
1,630
1,026
1,667
1,650
958
1,718
410
386
3.15
31S
362
343
MONTHLY BUSINESS STATISTICS—Continued
Monthly statistics, through December 1937, to- 1938
1937
gether with explanatory notes and references
to the sources of the data may be found in the Novem- Novera- Decem- January
1938 Supplement to the Survey
ber
ber
ber
METALS AND MANUFACTURESContinued
Nonferrous metals and products:
Babbitt metal (white-base antifriction bearing
metals):
Consumption and shipments, total
thous. of lb...
Consumed in own plants
do
Shipments,,__
—
do.
PAPER AND PRINTING
Page 146
r
Paper:
'Newsprint:
Consumption by publishers
short tons..
Stocks, end of month: .
At publishers
—_
do.
In transit to publishers
.-do
Paper board:
Consumption, waste paper—-.
do.
Orders, new
do.
Orders, unfilled, end of month
do.
Production
__
..do.
1,596
397
999
1,538
402
1,130
1,344
358
1,382
269
1,113
1938
F
U
^?y "
March
April
May
1,177
233
944
1,510
390
1,120
1,234
370
1,106
329
776
174,971
173,638
176,600
June
1,225
345
881
176,322
180,473
187,048
169,922
156,475
291,331
44,503
492,150 543,861
62,852 69.545
521,411
38,471
464,691 406,622 379,439 343,149
38,970 32,282 29,285
243,924
327,168
89,556
344,445
.. ffilfl
218,189 196.231 203,424 215,047 243,571 224,715 210,117 218, 652
256,081 243,992 269,367 273,651 317,472 302,921 281,401
75,683 75,994 79,595 72,832 74,137 75, 296 76,701 76,693
272,007 244,825 268,121 282,248 318, 552 303,073 286,574 296,960
—60.8
fiO
4
fi87
57;-t- 65.0
294,122 322, 435 331,582 325,166 333,218 319,816 318,698 312,684
Stocks of waste paper, end of month:
At mills.
short tons.. 274,951
July
1,305
468
837
August
1,538
508
11030
159,199 151,875 151,324
324,956 317,442 315,419
24,401 26,191 34,535
ber
1,474
453
1,021
1,366
509
857
162,457
187,450
303,254 288,385
32,583 47,498
221,218 264,418 254,024 267,193
322,948 361,323 367,200 370,453
93,637 96,635 109,288 107,235
306,343 358,977 351,051 370,977
67.3 '••- 6 8 . 5
59.7
~ 72.-4'
300,917 296,070 284,239 275,746
RUBBER AND RUBBER PRODUCTS
Page 149
Tires and tubes:
Pneumatic casings:
Production..
_
Shipments, total
Stocks, end of month
Inner tubes:
Production
Shipments, total
Stocks, end of month
thousands..
_
do
__
do
4,117
4,442
7,924
'3,120
' 3,777
10,963
2,952
3,153
10,776
2,770
2,500
10,988
2,238
2,359
10,833
2,792
2,891
10,820
2,737
3,273
10,317
2,724
3,405
9,855
3,109
4,067
8,763
3,353
3,947
8,201
4,093
4,046
8,330
3,970
3,943
8,406
' 4,134
' 4,144
'8,237
__.do
do
do
3,944
4,122
7,587
'2,870
' 3, 334
10,527
2,349
2,875
10,050
2,418
2,424
10,164
2,132
2,127
10,161
2,475
2,544
10,130
2,199
2,782
9,525
2,261
2,890
9,010
2,717
3,629
8,108
2,784
3,357
7,512
3,815
3,570
7,808
3,863
3,615
7,907
' 3,924
' 4,125
' 7,737
10,184
48.2
8,573
22,180
4,976
9,248
43.7
8,188
22,634
6,104
7,047
32.2
4,793
24,939
6,342
4,534
20.7
4,390
25,023
6,589
3,916
19.8
4,575
24,361
6,732
5,879
26.9
7,259
22,979
6,623
7,983
37.7
8,691
22,262
6,497
10,361
47.4
9,752
22,875
6,326
10,535
49.8
10,943
22,467
6,218
10,968
50.2
10,164
23,286
11,007
50.4
11,823
22,534
5,902
10,559
49.9
11,716
21,374
5,506
11,556
52.9
12,357
20, £68
4,927
3,709
64.6
3,491
7,643
3,735
67.8
3,211
8,696
3,235
56.5
2,684
9,192
3,125
52.4
3,016
9,279
2,995
54.3
3,647
61.0
3,645
9,215
3,837
66.8
3,902
9,318
3,637
58.6
3,616
9,265
3,583
60.0
3,858
8,750
3,506
61.0
3,847
8,354
4,031
65.0
4,178
8,149
3,653
63.6
3,971
7,641
3,8G6
64.7
3,954
7,493
12,883
12,517
8,921
5,119
2,664
3,802
3,820
3,866
5,956
6,606
7,676
8,873
12,869
23,512
7,716
10,fi04
2,730
10,425
2,857
12,709
3,672
12,090
3,9S2
10,412
4,328
12,623
3,329
12,944
3,036
15,467
3,313
22,746
4,996
23,136
6,025
19,619
6,386
24,619
8,660
1,529
89
171
992
79
105
1,137
73
111
1,224
80
122
945
79
128
693
52
123
876
64
94
1,099
64.
95
1,174
08
1,499
80
143
1,339
77
164
41,473
41,986
65
44,708
48,146
68
1,173
81
100
47,313
44,299
56,245
40,012
67
•41,824
29,763
56
33,211
33,505
64
39,901
45,718
84
48,020
55,134
101
57,438
55,6&
HP
74,710
69,644
145
ASrSS?
62,851
117
STONE, CLAY, AND GLASS PRODUCTS
Pages 150,152
Portland cement:
Production
thous. of bbl..
Percent of capacity
_
-__
Shipments
thous. of bbl..
Stocks, finished, end of month
do
Stocks, clinker, end of month
.do
Glass containers:
Production.
.thous. of gross..
Percent of capacity,—
__
Shipments.
thous. of gross,.
Stocks, end of month-__do
Plate glass, polished, production
thous. of sq. ft_.
TEXTILE PRODUCTS
Page 157
Wool:
Consumption (scoured basis) :1
Apparel class
thous. of 1b
Carpet class
__
do
Operations, machinery activity (weekly average):
Looms:
Woolen and worsted:
Broadthous. of active hours..
Narrow
do
Carpet and rug__
do
Spinning spindles:
Woolen
..j
:
i..L.do..i.
Worsted..
_do
Worsted combs
do
•71;l!O
85,954
146
' Revised.
1 Data for January, April, July, and October are for 5 weeks; other months, 4 weeks.
NOTE.—The data in the above tables present, in advance of the monthly Survey of Current Business, such items as were received during the week ended Saturday,
December 31. These figures, like similar information in the table entitled "Monthly business statistics" in each monthly issue, should always be read in connection with
the detailed tables covering the respective items in the 1938 Supplement to the Survey of Current Business, which contains a description of each series and a reference to the
source of the data. Series marked with an asterisk (*) are exceptions, representing additions since the 1938 Supplement was issued, and similar data, If published, will be found
in the monthly numbers indicated by the footnotes. Changes in the series are also indicated in the footnotes. The Surrey of Current Business, including 12 monthly Surveys
of 56 pages each and the 52 Weekly Supplements, may be obtained from the Superintendent of Documents, Washington, P , 0,, for $2.00 per year. The 1938 Supplement may
be obtained from the same source upon receipt of $0.40.
@FedFRASER