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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED S T A T E S DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON, D. C., JULY 6, 1939 SUMMARY OF BUSINESS TRENDS B U S I N E S S activity last week generally held at the level attained in the forward movement during the early weeks of June. Retail trade has continued in relatively good volume though the gains over a year ago in department-store sales have narrowed. Railway freight traffic, according to early reports, expanded further last week to a new high for the year—about 15 percent above the movement in the comparable week of last year. In recent weeks loadings of coal, ore, and wheat have increased, but loadings of miscellaneous freight have held steady with the volume about one-seventh more than a year ago. Steel mills operated at an even rate last week, close to the high of the year, though shutdowns incident to the July 4 holiday curtailed output during the current week. Automobile assemblies were reduced 10,000 units in the week ended July 1, as several plants completed assembly of 1939 models. Total production for the month approximated the May total, and recorded a larger relative gain over a year ago than in either May or April. Reports from the textile industries have indicated steady operations for June, though sizable curtailments in certain segments of the industry have been scheduled for July, according to trade sources. During the first 3 weeks of June estimated mill consumption of raw cotton held at the May rate • rayon deliveries from manufacturers were also maintained. Silk deliveries to the mills last month equaled the rate of the 2 preceding months; a seasonal decline is usual for this period but silk consumption had dropped sharply after March. Some seasonal declines have occurred in other industries; in paper mills, e. g., the weekly operating rate has dropped 7 points since the middle of May to the current rate of 75 percent of capacity. Stock prices moved lower last week, notwithstanding the relatively favorable nature of the business news, and the prospects that the improved sales volumes of recent weeks would contribute materially to second quarter profits. Commodity prices on the average experienced no definite trend, with quotations on individual commodities responding to the shifting appraisals of demand-supply conditions. There was a large buying movement in copper, with heavy commitments reported for foreign accounts. SELECTED BUSINESS INDICATORS STEEL INGOT PRODUCTION (PERCENT OF C A P A C I T Y ) BITUMINOUS COAL PRODUCTION (MILLIONS OF SHORT TONS) ELECTRIC POWER PRODUCTION SPOT COMMODITY PRICES CONSTRUCTION CONTRACTS -EW. DODGE PRICES OF 350 INDUSTRIAL STOCKS 90 (INDEX, ( D A I L Y AVERAGE AWARDS - MILLIONS OF DOLLARS) WHOLESALE C O M M O D I T Y (1926=100) too 95 (MOODYS ' INDEX- DEC. 3>, 1931- IQO) ( B I L L I 0 N 5 OF KILOWATT H O U R S ) 19Z6 - 100) PRICES ' I 'MSHED PRODUCTS ^ A y metals and aftTAL PRODUCTS'' 85 80 75 70 RAW MATERIALS- 65 J*, l.J.1,,1 t.t.L l 1. . . 1 . . 1 , . 1 . .M 1 . t I . . Luw 1938 1939 160259-39 chemicals 1937 1935 1939 and DRUGS y . 1 . 1 1 1.L.1 1 ,1i ! , . In ! WEEKLY BUSINESS INDICATORS1 [Weekly average, 1923-25=100] 1939 ITEM Business activity New York Timesltf 1 Bnrron'scf Business Week Commodity prices, wholesale: Dept. of Labor, 1926=100: Combined index (813) Farm products (67) Food (122) All other (624) Fisher's index, 1926=100: Combined index (120) Copper, electrolytic! Cotton, middling, spot Construction contracts! ...... Distribution: Carloadings Employment: Detroit, factory... Finance: Failures, commercial Bond yields! Stock prices! 1938 ITEM July June June June June July June July June 25 1 24 17 26 10 3 2 3 ..... 75.5 62.9 67.4 80.5 75.4 62.0 67.1 80.6 75.6 62.7 67.3 80.6 75.7 63.1 67.5 80.6 77.9 68.5 72.7 81.5 78.2 68.8 73.2 81.5 87.2 89.7 85.3 85.9 86.7 88.4 84.4 85.9 78.8 78.9 78.9 79.3 79.2 80.9 81.1 92.5 92.0 71.0 71.0 71.0 71.0 71.0 63.8 63.8 100.0 100.0 35.7 36 8 36.4 36.8 36.0 33.1 32.4 46.0 46.7 79.9 68.8 55.1 82.4 51.5 63.6 67.1 66.5 66.2 59.2 61.4 58.3 83.7 80.3 89.3 62.4 54.9 125.4 ..... ..... 57.2 64.9 52.1 57.5 51.6 62.9 61.2 40.3 38.8 64.3 64.3 64.1 64.3 64.6 75.0 77.1 68.5 67.8 97.4 100.1 99.8 101.5 100.2 97.9 90.8 126.6 127.0 1937 July June June June June July June July June 1 24 17 10 3 3 26 2 25 Finance—C ontinued. Banking: Debits, outside N. Y. C . J . . . . Federal Reserve reporting member banks: Loans, total Interest rates: Call loans!. Times loanst Currency in circulation! Production: Automobiles Bituminous coalt Cotton consumption^ Electric powert Lumber Petroleum! Steel ingots® Receipts, primary markets: Cattle and calves. Hogs Cotton Wheat 91.3 90.6 89.8 86.0 76.2 77.4 107.9 107.4 93.2 92.3 89.7 84.2 68.6 67.6 109.2 106.1 100.9 99.6 99.1 96.7 78.4 75.8 121.2 118.8 75.5 62.7 67.4 80.6 1938 1939 1937 94.2 95.7 83.6 92.4 97.3 81.9 85.3 102.2 99.6 64.7 64.6 64.8 64.9 65.0 66.6 66.2 78.1 78.1 24.2 24.2 24.2 24.2 24.2 24.2 24.2 24.2 24.2 28.6 28.6 28.6 28.6 28.6 28.6 28.6 28.6 28.6 144.3 143.0 143.1 143.8 143.6 133.1 132.0 133.4 131.9 92.6 106.3 102.6 85.5 42.5 63.6 63.2 62.7 63.7 117.1 115.3 118.5 138.1 137.2 136.0 135.5 126.9 50.5 48.2 48.1 40.5 166.3 165.8 165.5 162.1 170.9 93.3 94.5 91.2 93.1 89.7 57.6 53.6 35.1 35.3 31.2 33.8 31.9 230.4 167.4 83.0 58.8 38.0 28.5 77.0 57.6 56.3 161.1 158.6 52.4 50.0 71.5 70.5 88.6 90.5 128.1 135.5 120.9 121.2 134.3 134.3 32.7 42,7 49.5 63.7 146.9 148.0 169.3 169.5 48.4 47.3 123.2 124.7 53.1 63.9 36.1 36.2 38.5 26.5 68.0 113.4 61.8 38.3 22.7 59,3 83.5 29.3 18.1 178.0 91.6 30.5 26.2 84.1 • D a t a do not cover calendar weeks in all cases. § Computed normal=100. tDaily average. t Weekly average, 1928-30=100. ^Seasonally adjusted. ©Index for week ended July 8 is 66.1. cFFor description of these indexes, see p. 4 of the Dec. 16.1937, issue. WEEKLY BUSINESS STATISTICS* 1939 July 1 COMMODITY PRICES* WHOLESALE Copper, electrolytic, New York! dol. per lb__ Cotton, middling, spot, New York do Food index (Brad&treet's) do Iron and steel, composite dol. per ton__ Wheat, No. 2 hard winter (Kansas City)..dol. per bu__ 0.098 .097 2.18 35.72 .70 Banking: FINANCE 3,392 Debits, New York City, mil. of dol 4,366 Debits, outside New York City (140 cities) do Federal Reserve banks: 2,567 Reserve bank credit, total. _do 2,551 U. S. Government securities do 10,116 Member bank reserve balances... do. 4,243 Excess reserves, estimated do. Federal Reserve reporting member banks: 17,220 Deposits, demand, adjusted do. 5,237 Deposits, time ...do. 13,862 Investments, total § do 8,423 U. S. Government direct obligations .do... Obligations fully guaranteed by U. S. Govern2,148 ment mil. of dol.. 8,089 Loans, total§ do Commercial, industrial, and agricultural loans§ mil. of dol.. Interest rates, call loans J percent. 1.00 Interest rates, time loanst do 1.25 Exchange rates: French franct cents,. 2.649 Pound sterlingt dollars.. 4.681 Failures, commercial.. number. 233 Currency in circulation* mil. of dol.. 7,005 Security markets: Bond sales (N. Y. S. J5?.) thous. of dol. par value.. 28,970 Bond yields (Moody's) (120 bonds)! percent.. 3.71 Stock sales (N. Y. S. E.) thous. of shares.. 3,126 Stock prices (N. Y. Times) J dol. per share. 94.36 Stock prices (Standard Statistics) (420) 1926=100.. 82.8 Industrials (350)... do 96.7 Public utilities (40) do. 81.9 Railroads (30) do. 24.4 PRODUCTION, CONSTRUCTION, AND DISTRIBUTION Production: Automobilesl number.. 70,663 Bituminous coalj thous. of short t o n s " Electric power mil. of kw. hr__ "2*300" Petroleum t thous. of bbl„ 3,463 Steel ingots® pet. of capacity.. 54.3 Construction-contract awards J .thous. of dol.. Distribution: Freight-car loadings, total cars Coal and coke . do Forest products do Grains and grain products do Livestock. do Merchandise, 1. c. 1 do Ore do Miscellaneous do Receipts: Cattle and calves ...thousands.. Hogs do Cotton into sight thous. of bales.. 81 Wheat, at primary markets thous. of bu__ 18,332 1938 June 17 June 10 June 3 May 27 0.098 .100 2.18 35.72 0.098 .099 2.19 35.71 .72 0.098 .100 2.21 35.72 .75 2.25 35.59 .79 0.098 .098 2.25 35.63 .78 0.088 .090 2.40 36.29 .73 0.088 .088 2.40 38.51 .77 0.138 .125 2.84 39.83 3,425 4,438 3,047 3,875 3,744 4,286 2,756 3,761 3,071 3,779 3,272 3,798 2,584 2,564 10,099 4,227 2,605 2,564 10,101 4,264 2,576 2,564 10,053 4,279 2,573 2,564 10,029 4,218 2,576 2,564 10,097 4,304 17,238 5,238 13,851 8,404 17,212 5,225 13,781 8,390 17,057 5,229 13,679 8,318 16,965 5,235 13,554 8,237 2,127 8,072 8,097 2,108 2,092 8,116 3,823 1.00 1.25 3,831 1.00 1.25 2.649 4.681 264 6,943 July 2 1936 1937 June 24 June 26 July 3 June 26 July 4 1.21 0.138 .127 2.81 39.78 1.20 0.093 .125 2.6633.48 1.00 3,164 3,951 3,969 4,742 3,605 4,621 4,743 5,169 2,590 2.564 8,041 2,900 2,591 2,564 7,922 2,782 2,562 2,526 6,900 865 2,562 2,526 6,854 814 2,473 2,430 5,589 2,670 16,955 5,247 13,548 8,264 15,036 5,239 12,240 7,770 14,936 5,242 12,293 7,782 15,187 5, 235 12,530 8,301 15,289 5,233 12,648 8,374 14,679 5,011 14,159 9,510 2,055 8,126 2,046 8,125 1,488 8,321 1,481 8,279 1,152 9,760 1,160 9,766 1,289 8,460 3,833 1.00 1.25 3,822 1.00 1.25 3,837 1.00 1.25 3,936 1.00 1.25 3,916 1.00 1.25 4,331 1.00 1.25 4,308 1.00 1.25 1.00 1.25 2.650 4.683 212 6,950 2.650 4.684 234 6,983 21649 4.683 210 6,972 2.649 4.681 252 6,908 2.785 4.955 256 6,461 2.787 4.960 249 6,408 4.088 4.938 164 6,478 4.457 4.942 158 6,405 6.630 5.022 174 6,268 27,040 3.71 2,412 97.22 85.7 100.2 84.4 25.4 26,690 3.70 2,511 96.93 85.6 100.2 84.0 25.6 31,850 3.71 2.933 98.54 86.6 101.1 85.7 26.3 23,690 3.73 2,438 97.31 86.0 100.4 84.8 26.3 33,290 3.78 3,871 95.18 84.6 98.7 83.9 25.6 49,520 4.33 12,133 95.05 85.4 102.2 75.7 25.5 43,610 4.45 10,113 78.6 93.5 72.6 22.2 41,080 3.95 3,484 122.94 111.7 132.2 90.6 49.8 35,420 3.91 2,926 123.35 112.3 132.7 90.4 51.5 41,360 3.94 4,652 125.77 106.5 121.6 102.5 48.3 81,070 1,083 2,285 3,453 55.0 8,269 78,305 1,077 2,265 3,447 53.1 10,213 65,265 1,067 2,257 3,377 54.2 32,445 1,085 2,114 3,559 52.2 12,828 67,740 1,035 2,205 3,585 48.5 43,945 893 2,015 3,059 28.7 11,051 42,918 851 2,019 3,082 28.0 8,847 122,890 1,217 2,238 3,526 75.0 13,232 121,032 1,201 2,238 3,530 75.9 102,833 1,313 1,956 2,892 74.0 642,987 106,813 30,552 46,992 10,272 151,850 41,417 255,091, 637,873 106,781 30,550 38,821 9,457 152,502 40,696 259,066 634,597 105,399 29,930 34,283 9,760 153,082 43,504 258,639 567,732 97,867 27,340 30,291 9,770 133,316 38,987 230,161 627,674 105,191 29,763 33,904 10,706 152,855 43,670 251,585 588,864 97,618 27,793 50,954 9,681 146,931 24,623 231,264 558,788 90,772 26,631 41,985 10,582 145,466 22,771 220,581 802,346 128,159 41,515 51,415 11,413 169,362 78,816 321,666 769,945 123,107 39,567 40,899 12,403 166,772 74,370 312,827 649,703 113,463 30,910 41,956 11,396 142,052 45,337 264,589 182 228 88 13,313 229 186 247 74 6,123 168 234 100 5,407 204 266 89 6,291 202 195 248 59 4,718 264 190 47 14,162 198 68 6,687 224 267 67 9,194 9,020 88.21 1 • 1• . . ®Rate for week ended July 8 is 38.5. t Daily average. *Data do not cover calendar weeks in all cases. 5 No longer strictly comparable; for an explanation, see the corresponding data on page 30 of the April 1939 Issue of the Survey* 1 Source: Ward's Automotive Reports. MONTHLY BUSINESS STATISTICS Monthly statistics through December 1937, together with explanatory notes and references to the sources of the data, may be found in the 1933 Supplement to the Survey 1939 May CONSTRUCTION AND SEAL ESTATE Page 21 Construction cost indexes: American Appraisal Co.: Average, 30 cities 1913=100.. 182 Atlanta do 168 New York _ do 193 San Francisco-* do___ 169 _do_„. St. Louis 185 Associated General Contractors (all types) 1913=100. 188 DOMESTIC TRADE Page 26 Postal business: Money orders: Domestic, issued (50 cities): Number thousands, _ 4,248 Value thous. of dol__ 39,229 Domestic, paid (50 cities): Number _ _ thousands. „ 13,724 Value thous. of dol__ 99,757 1939 1938 May June July Decem- January October NovemAugust September ber ber February March April 182 168 193 162 186 181 168 192 162 184 181 168 191 164 184 181 167 191 164 184 181 167 191 164 184 182 167 192 166 184 182 169 192 166 184 182 169 192 166 184 183 169 192 167 185 183 169 192 167 185 183 169 192 167 185 182 168 193 169 185 189 188 188 188 188 188 188 188 188 188 188 188 4,002 38, 111 3,956 37,450 3,720 35,862 3,842 37,238 3,775 36,651 4,170 39,485 4,067 37,996 4,654 42,202 4,234 39,227 4,140 36,900 4,662 41,891 4,171 38,119 12,789 97,283 13,366 100,250 11,975 92,785 12,543 98,006 12,846 99,470 13,989 107,933 14,028 106,097 15,793 113,841 12,939 94,176 12,371 88,734 15,307 109,980 13,164 95,899 EMPLOYMENT CONDITIONS AND WAGES Page 39 Labor conditions: Labor turn-over in mfg. establishments: Accession rate.mo. rates per 100 employees.. Separation rate: Total do... Discharge do Lay-off do Quit do. 3.29 2.84 3.44 4.81 5.29 4.51 5.19 4.24 3.22 4.09 3.06 3.34 3.48 .13 2.67 .68 4.57 .13 3.82 .62 4.41 .11 3.69 .61 3.81 .09 3.13 .59 3.08 .10 2.33 .65 3.56 .12 2.62 .82 3.30 .12 2.40 .78 3.14 .10 2.44 .60 3.88 .09 3.21 .58 3.19 .10 2.24 .85 2.61 .10 1.87 .04 3.18 .13 2.23 .82 22,827 28,774 27,890 25,671 28,371 32,000 31,824 29,812 29,991 30,350 27,774 29,032 23,622 .135 22,699 .138 28,516 .134 28,146 .145 25,512 .158 28,718 .155 32,387 i 153 31,092 .150 30,221 .143 30,373 .140 .140 , 27,701 30,319 .140 29,417 .140 23,325 2.95 r 3.46 .10 2.60 * .76 CHEMICALS AND ALLIED PRODUCTS Pages 97, 98 Vegetable oils and products: Oleomargarine: Consumption (tax-paid withdrawals) thous. of l b . . Price, wholesale, standard, uncolored (Chicago) _dol. per lb.. Production thous. o f l b . . Paint sales: Plastic paints, cold water paints, and calcimines: Plastic paints thous. of doL_ Cold-water paints: In dry form do In paste form do.... Calcimines. i do..,. Paints, varnish, lacquer, and fillers: Total do Classified, total do Industrial .do Trade do Unclassified do 45 45 43 43 44 42 47 34 30 32 33 44 46 230 338 305 184 236 286 166 203 243 148 225 213 159 244 242 162 219 282 156 253 245 115 190 226 113 169 222 126 211 235 144 219 251 187 316 280 210 317 282 40,138 28,546 9,611 18,935 11,592 35,294 24,115 7,623 16,492 11,179 32,390 22,386 7,418 14,968 10,003 26,730 18,512 6,603 11,909 8,218 28,821 19,747 7,249 12,499 9,074 29,769 20,114 7,879 12,235 9,655 28,773 20,486 8,481 12,006 8,287 25,280 18,367 8,397 9,970 6,914 20,515 15,036 7,417 7,619 5,478 24,229 17,828 8,180 9, 648 6,401 24,415 . 3!, 555 17,395 23,003 9,626 7,982 13,377 9,413 8,551 7,021 32,666 23,830 9,469 14,360 8,836 10,339 9,159 9,271 9,596 10,246 9,898 10,270 10,303 10,882 10,641 9,654 10,567 r 9, 955 6,171 4,167 5,261 3,898 5,530 3,741 5,888 3,708 6,402 3,845 6,377 3,520 6,868 3,402 6,760 3,543 6,976 3,906 6,899 3,742 5,828 3,826 6,116 4,450 ' 5,562 ' 4,393 9,543 796 8,571 511 8,710 487 9,019 504 9,650 531 9,U14 524 -9,669 541 9,690 554 10,332 - 9,853 788 550 -8,000 755 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 32,770 29,970 36.4 28,717 36,643 35,351 43.0 35,563 38,105 35,372 43.5 36, $03 33,234 34,786 42.9 34,698 35,997 39,615 47.5 39,807 29,183 31.640 38.8 33,666 399,085 696,264 43.3 696,738 23,118 448,176 696,528 43.3 685,453 34,089 361,750 629,448 39.1 622,155 41,287 378,675 766,374 47.6 771,283 35,756 445,310 783,592 48.7 759,188 60,160 374,454 841,653 52.3 865,572 36,241 248,376 519,375 438,746 788,040 830,979 749,070 49.0 . 51.7 47.5 799,678 822,746 746,510 24,603 32,696 34,717 421,037 552,189 35.0 556,069 30,586 351,203 709,252 44.4 710,228 29,610 277,719 800,292 50.1 799,404 30,498 734 700 547 888 691 894 783 1,063 579 1,124 717 1,125 635 947 892 1,012 1,131 1,264 817 892 617 660 765 834 1,290 974 1,293 1,689 1,128 1,591 1,554 1,202 1,480 1,538 1,063 1,677 1,630 1,026 1,667 1,650 958 1,718 1,813 1,064 1,707 1,852 977 1,982 1,966 1,132 1,813 1,782 1,140 1,775 1,798 1,052 1,886 1,619 952 1,707 305 321 330 292 227 353 321 302 247 315 335 411 318 368 255 205 386 292 362 442 357 378 317 342 1 See footnote on p. 41>f the June 1939 Survey* 368 253 318 388 292 349 499 317 474 399 327 389 ELECTRIC POWER Page 99 Production, total 1 mil. of kw.*hr_. By source: Fuel do.... Water power do By type of producer: .. . Privately and^municipally owned public utilities mil. of kw.-hr.. Other producers do METALS AND MANUFACTURES Pages 131,134,135, 136 Pig iron and iron manufactures: Castings, malleable: Orders, new short tons. 27,702 Production do... 30,840 Percent of capacity 37.8 Shipments short tons. 32,657 Steel, manufactured products: Barrels and drums, steel, heavy type: Orders, unfilled, end of month number. 257,961 Production d o . . . 814,298 Percent of capacity 51.1 Shipments number. .812,843 Stocks, end of month do„_ 31,867 Boilers, steel, new orders: . 877 Area thous. of sq. f t . 983 Quantity number. Furniture, steel: Office furniture: Orders: 1,780 New thous. of dol. 1,016 Unfilled, end of month do... 1,716 Shipments do.._ Shelving: Orders: 507 New do__. 387 Unfilled, end of month do... 447 Shipments do... 'Revised. 35,633 38,802 46.0 36,434 9,751- - r 9,173. p 816 781 4 MONTHLY BUSINESS STATISTICS—Continued Monthly statistics through December 1937, together with explanatory notes and references to the sources of the data, may be found in the 1938 Supplement to the Survey May 1939 1938 1939 May June July Decem- January October NovemAugust September ber ber February March April METALS AND MANUFACTURES—Con. Nonferrous metals and products: Babbitt metal (white-base antifriction bearing metals): Consumption and shipments, total thous. of l b . . Consumed in own plants do Shipments... .do 1,602 425 1,177 1,106 329 776 1,225 345 881 1,305 468 837 1,538 508 1,030 1,474 453 1,021 1,366 509 857 1,596 597 999 1,606 648 958 1,725 644 1,080 1,460 359 1,101 1,783 531 1,252 1,380 338 1,042 244,400 250,015 274,635 187,880 209,069 207,678 193,288 189,008 194,521 201,694 208,476 182,226 200,837 202,546 205,490 179,282 219,611 220,303 204,668 194,917 195,586 231,940 230,346 196,511 248,068 254; 872 255,100 196,283 245,813 245,295 264,421 177,157 211,452 209,753 225,472 161,438 193,624 208,382 201,852 167,968 152,437 200,631 178,236 190,363 217,651 220,648 205,099 205,912 162,352 220,843 214,255 212,500 178,543 85,872 84,443 176,600 68,001 66,197 159,199 65,382 66,204 151,875 63,278 69,718 151,324 67,436 66,006 162,457 68,315 74,336 187,450 72,827 72,203 176,322 78,390 76,278 177,134 75,855 77,974 160,916 77,264 72,967 153,346 70,868 71,926 174,096 79,929 81,616 179,542 77,393 77,463 21,494 229,233 39,251 29,819 342,015 34,912 28,997 324,098 24,624 22,557 316,635 26,262 23,987 314,586 34,696 17,966 303,067 32,653 18,590 288,408 47,570 20,702 291,477 44,628 18,583 284,661 30,677 22,880 267,155 36,872 21,822 251,041 13,449 20,065 20,135 223,469 '206,727 37,253 32,580 210,117 281,401 76,701 286,574 57.4 218,652 298,845 76,693 296,960 55.0 221,218 322,948 93,637 306,343 59.7 264,418 361,323 96,635 358,977 67.3 254,024 367,200 109,288 351,051 68.5 267,193 370,453 107,235 370,977 72.4 243,924 327,168 89,586 344,445 66.3 221,768 334,711 94,411 329,181 60.1 233,311 342,408 109,099 323,394 61.2 247,710 338,030 112,801 338,803 67.8 292,474 429,545 124,420 421,576 73.4 262,918 347,575 97,340 372,984 69.1 318,698 312,684 300,917 296,070 284,239 275,746 274,951 290,648 282,095 262,344 248,595 255,354 PAPER AND PRINTING Page 146 Paper: Newsprint: Canada: Exports short tons. Production do Shipments from mills do... Stocks, at mills, end of m o . . do— United States: Consumption by publishers do Production do Shipments from mills _.do Stocks, end of month: At mills do At publisherst do In transit to publisherst do. Paperboard: Consumption, waste paper do Orders, new., do Orders, unfilled, end of mo do.. Product ion do._ Percent of capacity Stocks of waste paper, end of month: At mills— short tons.. <•) RUBBER AND RUBBER PRODUCTS Page 149 Tires and tubes: Pneumatic casings:f Production . Shipments, total Stocks, end of month Inner tubes: t Production Shipments, total Stocks, end of month... thousands.. — do— do— 4,418 4,753 9,919 2,663 3,291 9,521 3,036 3,929 8,470 3,287 3,870 8,041 4,038 3,991 8,217 3,916 3,888 8,022 4,183 4,126 8,237 4,139 4,405 7,924 4,729 4,154 8,451 4,581 4,163 8,932 4,344 3,739 9,573 5,137 4,583 10,109 4,211 4,356 9,998 do do _.do 3,848 4,154 8,840 2,325 2,974 9,265 2,797 3,730 8,337 2,936 3,519 7,723 4,026 3,744 8,029 3,832 3,980 7,859 3,980 4,101 7,746 4,029 4,138 7,665 4,351 3,859 8,166 4,098 3,936 8,069 3,681 3,335 8,415 4,470 4,015 8,901 3,841 3,927 8,837 11,126 50.9 12,688 22,275 5,723 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 6,089 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 20,569 4,927 10,184 48.2 8,573 22,179 4,963 8,066 36.9 6,281 23,954 5,282 5,301 24.3 5,640 23,611 5,563 5,506 27.9 5,043 24,092 5,986 8,171 37.4 8,467 r 23,786 f 6,447 9,674 45.7 9,654 23,837 6,568 4,516 69.7 4,485 8,293 3,837 66.8 3,902 9,088 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 3,866 64.7 3,954 7,493 3,709 64.6 3,491 7,643 3,515 58.8 3,042 8,029 3,589 55.8 3,473 8,179 3,389 55.7 3,323 8,192 4,129 61.4 3,933 8,318 4,071 65.4 3,978 8,336 8,036 3,866 5,956 5,506 7,676 8,873 12,869 12,883 12,691 12,209 10,165 11,867 7,268 20,244 5,852 12,944 3,036 15,467 3,313 22,746 4,996 23,136 6,025 19,619 6,386 24,619 8,660 23,512 7,716 29,688 9,501 25,941 9,784 22,449 8,776 21,110 9,856 19,567 8,159 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 grossStocks, end of month do Plate glass, polished, production thous. of sq. f t . . TEXTILE PRODUCTS Page 157 Wooli Consumption (scoured basis): Apparel class thous. of l b . . Carpet class do Operations, machinery activity (weekly averages): Looms: Woolen and worsted: Broad thous. of active hours.. Narrow do Carpet and rug_ • do Spinning spindles: Woolen... do Worsted do Worsted combs do \ 1,573 69 175 876 64. 94 1,099 54 95 1,174 58 106 1,499 80 143 1,339 77 164 1,335 86 167 1,529 89 171 1,759 81 177 1,924 79 186 1,942 78 209 1,580 75 213 1,338 62 198 63,248 79,174 117 39,901 45,718 84 48,020 55,134 101 57,438 55,663 119 74,710 69,644 145 66,022 62,851 117 66,840 70,205 120 71,110 85,954 146 73,277 97,019 149 73,480 87,770 129 73,130 82,226 137 60,041 77,747 124 55,704 67,613 95 « Data for April 1939 later available. ' Revised. t Revised series. Stocks of newsprint, at publishers, and in transit to publishers, revised for 1937 and 1938. Revisions not shown on p. 52 of the April 1939 Survey will be shown in a subsequent issue. Data for pneumatic casings and inner tubes revised for 1936,1937, and 1938; see tables 27 and 28, pp. 16-18 of the May 1939 Survey. 1 Data for July, October, and December, 1938, January and April 1939 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, July 1. 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 areference 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 Survey 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, Di C.. for $2.00 per year. The 1938 Supplement may be obtained from the same source upon receipt of $0.40. U. 9 . GOVERNMENT PRINTING O F F I C E : 1 9 3 9
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