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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON, D. C , MARCH 23, 1939
SUMMARY OF BUSINESS TRENDS
"POLITICAL developments in Central Europe climaxed by the
-t German absorption of most of Czecho-Slovakia influenced
domestic security markets last week. Prices of corporate bonds
and shares declined sharply, canceling the greater part of the
gains recorded in the preceding fortnight. The Dow-Jones average of industrial share quotations at the Saturday close was 142,
down 10 points from a week earlier, but 6 points above the
January low. Leading foreign exchange markets were unsettled,
although quotations in general moved narrowly. Reports on
gold movements indicate that European funds have continued
to move into New York in large volume. Monetary gold stocks
in the TJnited-State&have been raised-to 15 billion dpllars, an
increase of 500 million dollars since December.
Industrial activity in the first half of March was little changed
from the February rate, according to seasonally adjusted weekly
data. Steel-ingot production in recent weeks has moved around
56 percent of capacity. There have been no marked changes in
purchases of steel during recent weeks, according to trade reports.

However, improvement in the capital-goods industries is indicated by reports from the machine-tool makers and the railroads.
Operating revenues of the railroads in Feburary were reported
to be 10 percent larger than a year ago. New orders for machine
tools in February were the highest for any month since September 1937. Orders for machine tools have more than doubled
since the second quarter of 1938 and the February index of new
orders compiled by the National Machine Tool Builders Association was within 12 percent of the 1937 average.
Automobile assemblies have increased moderately over the
past fortnight and production last week was at a rate of 86,700
units. Preliminary reports for retail sales of new passenger cars
indicate the usual spring increase and deliveries in the early
days of March were more than one-third larger than a year ago.
Weekly production data for other major lines do not reveal
important changes. Railway freight traffic in the early days of
March was depressed by the reduced volume of coal production
but carloadings other than coal, showed a seasonal increase.

SELECTED BUSINESS INDICATORS
AUTOMOBILE PRODUCTION

STEEL INGOT PRODUCTION
(PERCENT

OF

(THOUSANDS Of

ItJGQT CAPACITY)

wImlmIw\tutolw

VEHICLES)

FREIGHT CAR LOADINGS
(THOUSANDS Of CARS)

1 m t o l w 1 UJ 1 <w
CRUDE PETROLEUM PRODUCTION
(THOUSANDS OF BARRELS ~ DAILY AVERAGE)

"' . . . , [ . . . | . . . I . . . . f . . . l . . , I . , •• I , , . ) , , , t , .
JAhi

| f £ B I M*« I

AP«. | MAY

| JUNC I JULY

I AUG. I iCPT. I

OCI

I H&V I

,.[,,,i...•I

OCC

WHOLESALE PRICES
(I9£6'IOO)

1930

135097—39




STOCK PRICES

WEEKLY BUSINESS INDICATORS
[Weekly average 1923-25=100]

1938

1939

Business activity:!
New York1 times §cfBarron'Sc?
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

Mar. Mar. Mar. Feb. Feb, Mar. Mar. Mar. Mar.
18

76.7
67.2
71.5
80.4

76.8
67.7
71.4
80.4

11

4

25

19

18

Finance—Continued.
Banking:
Debits, outside N. Y. C.J.... 86.5 83.7 96.2 85.0 94.0
Federal Eeserve reporting
member banks:
Loans, total
66.3 66.7 65.5 65.5 65.7
Interest rates:
24.2 24.2 24.2 24.2 24.2
Call loansf
^
Time loans*.
_._. 28.6 28.6 28.6 28.6 28.6
Currency in circulation?
139.3 139.1 139.0 138.2 137.9
Production:
113.7 110.2 103.2 99.2 104.7
Automobiles-_-78.3 82.6 85.3 83.3
Bituminous coalt-108.4 109.8 106.5
Cotton consumption!
__
134.3 134.7 133.6 135.0
Electric powerf—37.4 38.1 41.6 37.0
Lumber
162.5 161.0 159.1 159.8 159.6
Petroleum!
95.7 94.6 95.8 92.2 94.1
Steel ingots©
Receipts, primary markets:
53.1 51.4 54.5 54.6
Cattle and calves
33.0 33.1 36.1
Hogs
34.6 35.0 31.5 33.1
Cotton
36.3 38.8 35.4 27.6 23.9
Wheat

79.3 79.2 106.6 106.9
88.0
89.5
94.2 95.8 96.9 96.9 73.6 73.9 112.0 111.9
117.6 116.7
98.7 100.3 100.8 99.8 79.9
77.0
68.0
71.4
80.6

1937

1938

1939

1937

Mar. Mar. Mar. Feb. Feb,Mar. Mar, Mar. Mar.
19 12 20
18
25
13
11

76.6 79.5 79.8 87.6 87.2
71.7 94.4 93.6
66.9
71.3
73.8 87.9 87.3
80.4 82.8 82.9 85.6 85.4

79,9 80.2 80.3 80.0 79.7 82.3 82.8 93.7 92.9
79.7 79.7 79.7 79.7 79.7 71.0 71.0 115.9 111.6
31.6 33.8 33. 5 32.7
33.1 53.3

70.9 69.4 55.8 37.2 48.9 46.8 50.4
58.1 78.7 77.7
61.7 62.4 58.5 60.5
75.3
87.7
99.3
Employment: Detroit, factory...
100.5
Finance:
Failures, commercial
63.6 63.4 52.6 53.3 55.0 61.2 70.5 49.1 43.7
Bond yieldst64.5 64.6 65.5 66.0 66.0 75.2 73.3 67.6 66.2
91.3 141.2 144.7
106.2 109.1 106.9 104.1 104.9
Stock pricesj..
Coiistruction contracts!
Distribution: Carloadings

•Data do not cover calendar weeks in all cases.
§Computed normal=100.
JDaily average.
f Weekly average, 1928-30=100.
©Index for week ended Mar. 25 is 95.2.
cfFor description of these indexes, see p. 4 of the Dec. 16,1937 issue.

20

12

13

87.8 77.6 108.8 91.2
71.1 72.2 74.7 74.1
24.2 24.2 24.2
28.6 28.6 28.6 28.6
130.5 130.5 131.7 131.6
75.4
57.4
-J.1
121.1
38.4
164.9
54.2

75.3
63.0
88.6
120.9
37.6
162.4
50.5

130.3
109.9
134.1
132.7
50.8
165.5
146.0

133.1
110.6
134.6
132.8
47.9
161.9
143.4

71.7
38.1
60.4
30.3

64.0
31.5
60.8
28.1

72.9
44.0
50.8
24.4

71.2
44.4
77.3
19.0

^Seasonally adjusted.

WEEKLY BUSINESS STATISTICS*
1939
Mar. 4

1938

Mar. 18

Mar. 11

Feb. 25 Feb. 18 Feb. 11 Mar. 19

0.110

0.110
.092
2.34
36.39

0.110
.091
2.33

0.110
.089
2.32
36.38
.71

0.110
.089
2.31
36.38
.68

0.110
.090
2.30
36.3fi

4,112
4,011

3,755

3,548
4,462

2,638
3,284

2,841
3,637

2,595
2,564
9,077
3,443

2,565
2,564
8,985
3,407

2,586
2,564
8,942
3,382

2,592
2,564
8,841

16,143
5,198
13,541
8,280

16,086
5,224
13,450
8,176

15,965
5.202
13,408
8,143

2,023
8,281

2,030
8,338

3,794
1.00
1.25
2.649
4.685

1937

1936

Mar. 12

Mar. 20

0.098
.086
2.48
38.78
.91

0.098
.090
2.49
38.83
.92

0.160
.145
3.01
40.10
1.37

0.154
.145
2.99

0.090
.114
2.59
33.05
1.05

3,385
3,793

3,747
4,077

3,130
3,597

5,127
5,048

4,121
4,229

5,247
4,332

2,587
2,564
8,707
3,166

2,584
2,564
9,018
3,459

2,608
2,564
7,328
1,460

2,594
2,564
7,311
1,467

2,450
2,430
6,830
1,449

2,454
2,430
6,749
1,380

2,485
2,430
5.144
2,393

16,094
5,189
13,426
8,184

15,951
5,181
13,403
8,182

16,077
5,185
13,280
8,171

14,335
5,223
12,255
8,089

14,514
5,258
12,242
8,081

15,541
5,128
13,361
8,828

15,649
5,147
13,541
9,024

13,771
4,922
13,387
8,865

2,019
8,186

1,993
8,180

1,975
8,205

1,807
8,179

1,164
5,889

1,152
9,020

1,213
9,337

1,203
9,260

1,257
8,250

3,773
1.00
1.25

3,773
1.00
1.25

3,766
1.00
1.25

3,761
1.00
1.25

3,745
1.00
1.25

4,335
1.00
1.25

4.342
1.00
1.25

1.00
1.25

1.00
1.25

.75
1.00

2.647

2.649

214
6,752

* 217
6,711

2.648
4.686
224
6,697

2.647
4.686
261
6,fi81

3.070
4.970
249

3.192
5.008
287
6,337

4.590
4.886
200
6,393

4.575
4.883
178

6.763

2.651
4.690
258
6,755

6.634
4.969
228
5,857

40,060
3.72
5,593
103.09
89.8
105.1
86.4
29.5

51,220
3.73
5,561
105.94
95.0
111.8
88.3
31.7

43,850
3.78
4,641
103.83
92.5
108.9
86.5
30.4

26,500
3.81
3,365
101.05
89.6
105.6
84.1
27.9

25,820
3.81
2,860
101.89
90.5
106.9
84.2
27.9

30,530
3.82
3,536
101.73
91.1
107.4
85.2
28.5

39,310
4.34
4,874
87.16
77.4
92.3
68.0
24.6

36,180
4.23
3.445
88.67
79.6
94.8
69.5
26.7

107, 310
3.90
10.365
137.11
129.5
151.8
105.0
64.5

118,290
3.82
14.545
140.48
132.4
155.7
106.8
64.3

61.580
3.96
10,568
120.84
107.8
123.7
102.1
48.2

86,725

84,095
1,333
2,238
3,353
55.1

78,705
1,407
2,244
3,315
55.8
11,376

75,660
1,453
2,226
3,329
53.7
11,144

79,860
1,418
2,249
3,324
54.8
8,967

84,500
1,433
2,268
3,284
53.4

57,555
977
2,018
3,434
32.1
5,969

57,438
1,073
2,015
3,382
29.9
7,858

99,450
1,871
2,211
3,448
88.9
7,509

101,563
1,883
2,213
3,373
87.3
8,085

95,223
975
1,862
2,836
60.0
7,660

591,691
125,280
25,927
31,211
10,175
152,422
7,559
239,117

598,691
136,543
24,446
32,344
9,637
153,420
8,979
233,322

560,609
138,732
25,484
28,885
9,935
133,965
7,884
215,724

580,071
137,080
24,387
28,587
11,120
148,250
8,944
221,703

579,918
142,358
23,539
9,700
148.404
8,429
218,679

540,332
92,248
26,443
30,452
11,524
150,821
7,895
220,949

556,730
110,401
27,613
31,429
10,954
150,694
8,722
216,917

754,922
184,405
37,285
29,079
ll,7f>8
171,430
10,941
310,014

744,499
178,330
38,662
28,387
11,487
169,817
10,128
307,688

568,851
91,478
30,149
32,287
12,192
146, 682
5,858
250,205

168
214
90
3.083

163
215
91
3,820

172
234
82
2,196

172
258
86
1,898

166
2J1
118
2,416

226
247
157
2,408

202
204
15S
2,233

230
286
132

Mar. 13 Mar. 21

COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York %.
dol. per lb_.
Cotton, middling, spot, New York__.
do
Food index (Bradstreet's)
do
Iron and steel, composite.._
_
dol. per ton..
Wheat. No. 2 hard winter (Kansas City)--dol. per bu..
FINANCE
Banking:
Debits, New York City.
mil. of dol...
Debits, outside of New York City..
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 U. S. Government
___
mil. of dol...
Loans, total§
__
do
Commercial, industrial, and agricultural loans§
mil. of dol._.
Interest rates, call loans?
percent..
Interest rates, time loanst
do_...
Exchange rates:
French franci
cents..
Pound sterling?
-.dollars..
Failures, commercial
_
number,.
Currency in circulation!
mil. of dol...
Security markets:
Bond sales (N. Y. S. E.)
thous. of dol. par value..
Bond yields (Moody's) (120 bonds)}
__..percent.
Stock sales (N. Y. S. E.)
thous. of shares..
Stock prices (N. Y. Times)%
dol. per share..
Stock prices {Standard Statistics) (420).____. 1926=100..
Industrials (348)
_
do.._.
Public utilities (40)
do.__.
Railroads (32)
_ ...do ...
PRODUCTION, CONSTRUCTION, AND
DISTRIBUTION
Production:
Automobiles.
number..
Bituminous coal*..
thous. of short tons..
FJectric power
mil. of kw.-hr..
Petroleum!.
thous. of b b l Steel ingots®
_
pet. of capacity..
Construction-contract awardst
thous. of dol..
Distribution:
Freight-car leadings, total
_
cars
Coal and coke
_
_
.do..
Forest products
_
do..
Grains and grain products
deLivestocks
do..
Merchandise, 1. c. 1
do..
Ore
_
do..
Miscellaneous
.do
Receipts:
Cattle and calves
_
thousands
Hogs
__
_
_
do_
Cotton into sight
thous. of bale_.
"Wheat, at primary markets
thous. of bu_.

2.29
36.39

259

3,384
55.7

103
2,891

1.941

•Data do not cover calendar weeks in all cases.
JDaily average.
®Rate for week ended Mar. 25 is 55.4.
§No longer stncly comparable; for an explanation, see the corresponding data in the forthcoming April 1939 issue of the Survey.




225
* 288
201
1,582

224
296

8fi
2,454

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
February

1939

1938
February

March

April

May

June

July

August

Septem- October Novem- December
ber
ber

January

BUSINESS INDEXES
Page 9
Marketings:
Agricultural products (quantity):
Combined index
1923-25=100..
Animal p r o d u c t s . .
..do
Dairy products
do
Livestock..
_
do
Poultry and eggs
...do
Wool
___do^Crops
..do
Cotton— do
Fruits
do
Grains
do
Vegetables
...do
Agricultural products, cash income from farm
marketings:
Crops and livestock, combined index:
Unadjusted
1924-29=100..
Adjusted
do
Crops
do
Livestock and products
do
Dairy products—
do....
Meat animals..
_do-__.
Pd^,^
__.-- _ ___ _
d
p
.
_ __

72
75
101
63
97
46

59
111

72
79
106
59
116
106
64
42
93
63
107

77
93
134
66
119
303
61
22
88
72
117

89
87
78
116
160
108
154
79
85
67

76
81
91
67
116
68
71
78
85
62
61

92.0
67.5
55.5
80.0
86.0
77.5
-77.5

78.0
69.5
55.5
84.0
85.5
83.5
-83.-5

72.5
68.0
55.0
82.0
89.5
78.0
-81:0

78.1

77.8

78.6

77.5

155
46

117
83
137
75
68
76
152
235
90
110
87

131
89
114
85
76
139
174
267
113
128

72.0
82.5
86.5
78.5
82.0
SO.O
-75.0

72.5
72.0
63.0
8L0
84.5
82.0
-75.5

85.0
72.5
61.0
84.5
86.5
87.0
-75.5

80.2

80.0

78.4

78.7

92
85
136
60
79
487
100
19
81
205
63

92
89
153
72
73
317

61.0
72.0
66.5
77.0
SO. 5
76.5
—76,0

73
90
156
62
102
333
56
19
77

68
116

65
77
97
73
80
41
53
37
82
51
77

r 68. 5
'67.5
'55.5
' 80. 0
'88.5
79.0
;67.0"

51.0
60.0
44.5
76.5
85.5
77.5
56.5

54.0
62.5
49.0
76.5
95.5
75.0

60.5
67.0
55.0
79.5
92.5
77.5

58.0
70.5
60.0
81.5
88.5
75.0
6S-IL

60.5
67.5
58.0
77.5
84.5
71.5
-75.5.

76.8

78.4

78.6

79.4

79.1

76.9

79.8

79.7

78.7

78.1

78.3

78.8

78.1

78.3

77.6

77.5

77.0

76.9

80.2
70.9
74.4
67.2
71.5

83.3
73.6
76.1
69.8
73.5

83.4
73.2
75.6
70.3
73.5

82.7
71.3
75.3
68.4
72.3

82.1
70.7
75.4
67.5
72.1

82.2
71.4
74.1
68.7
73.1

82.5
72.3
74.3
69.4
74.3

81.8
71.4
74.4
67.3
73.0

81.8
72.0
74.7
68.1
74.5

81.1
70.9
75.9
66.8
73.5

80.5
71.5
76.2
67.8
74.1

80.2
70.9
75.2
67.6
73.1

80.0
70.9
74.9
67.2
71.5

COMMODITY PRICES
Pages 11,12,13,15,131,134
Retail prices:
U. S. Department of Labor Indexes:
Food
-.1923-25=100..
Wholesale prices:
U. S. Department of Labor indexes:
Combined index (8l3quotations).1926^100_.
Economic classes:
Finished products—
..do—
Eaw materials
do—
Semimanufactures
do—
Farm products
do—
Foods.
do—
Commodities other than farm products
and foods
1926=100.
Pig iron: .
Basic (valley furnace)
do1., per long t o n Composite
do—
Foundry, No. 2, northern (Pittsburgh)
dol. per long ton.,
Composite, finished steel
dol. per lb..
Steel billets, rerolling (Pittsburgh)
dol. per long ton..
Structural steel (Pittsburgh)..dol. per lb..
Steel scrap (Chicago).~dol. per gross ton.
Purchasing power of the dollar:
Wholesale prices
1923-25=100.
Retail food prices
do...
Prices received by farmers..
do...

80.2

83.0

82.6

82.0

81.6

81.3

81.4

81.4

81.3

81.1

80.6

80.3

80.2

20.50
21.15

23.50
24.11

23.50
24.11

23.50
24.13

23.50
24.15

22.50
23.59

19.50
20.15

19.50
20.15

19.75
20.29

20.50
21.14

20.50
21.15

20.50
21.15

20.50
21. If

22.89

2f. 89

25.89

25.89

25.89

24.89

21.89

21.89

22.14

22.89

22.89

22.89

22.89

.0268

.0289

.0289

.0289

.0286

.0268

.0268

.0266

.0268

.0268

.0268

34.00
.0210
14.06

37.00
.0225
12.69

37.00
.0225
12.15

37. CO
.0225
11.38

37.00
.0225
10.95

36.25
.0221
10.38

34.00
.0210
12.00

34.00
.0210
13.75

34.00
.0210
13.50

34.00
.0210
12.88

34.00
.0210
14.20

34.00
.0210
13.75

34.00
.0210
13.85

130.9
130.2
159.7

126.2
127.6
151.5

126.4
127.2
153.1

128.0
125.9
156.5

128.9
126.4
159.7

128.6
124.7
159.7

127.8
125.0
154.8

128.9
127.6
159.7

128.6
127.1
154.8

129.8
128.0
154.8

129.9
128.5
156.5

130.8
127.2
153.1

130.9
129.0
156.5

83,653
98,519
20,301
21,331
63,352
77,188
4,340
3,031
1, 556
1,869
16,253
13,028
'55,039 "15,424

86,102
20,808
65,293
2,623
1,201
12,175
49,295

103,869
21,376
82,493
2,366
1,209
15,8*8
"63D3r

113,558
22,411
91,147
4,932
1,732
18,411
"667073

113,457
20,233
93,314
6,608
1,449
18f 749
"66,509

118,096
20,372
97,723
3,581
1,574
14,028
"78,540

87,418
19,556
67,861
2,446
2,301
.12,771
50,343

DOMESTIC TRADE
Pages 26, 30
Advertising:
Newspaper advertising:
Lineage, total (52 cities)
thous. of lines.
Classified
-.
do...
Display, total
do...
Automotive
_
do...
Financial..
do...
General
do._.
Rfttail..
-~w—«
Mail-order and store sales:
Montgomery Ward & Co
thous. of dol.
Sears, Roebuck & Co
do...
Rural sales of general merchandise:
Total, U. S., unadjusted
1929-31 = 100.
Total, U. S., adjusted
do...

86, 651
38,318
68,333
3,458
1,403
14,024
-49,-448

88,467 108,919 109,917
22,646
23, 404
19,187
87,271
85, 514
69, 270
4,347
2,611
5,081
1,459
1,493
1,918
17,505
15, 273
17,544
42
-60,-1*71 ~ 63,960

109,906
22, 695
87,211
5,676
1, 396
18, 310
"617830

24,964
34,901

21.765
30,449

30, 797
41,071

37,063
44,857

36,150
43,463

35, 745
43.82C

29,075
36, 316

32,849

38,556
49,167

46,667
53,345

42,295
51,215

57,085
68, 622

24,769
33, 551

100.1
110.6

90.4
99.9

98.4
105.8

107.9
112.3

103.5
110.1

106.2
112.4

84.8
110.2

98.2
114.2

121.1
122.4

140.9
115.5

147.2
119.7

183.6
129.3

91.3
110.0

766
25
577
164
589,407
41,671
174,092
373,644

878
20
656
202
672,142
33,050
198,025
441,067

S33
16
643
175
617,475
37,815
193,131
386,529

892
24
648
220
618,807
43,076
191,648
384,0S3

784
30
580
174
597,773
45,076
170,312
382,385

720
12
511
197
528,452
18, 659
153,392
356,401

712
18
518
176
550,960
33,443
156,304
361,213

760
16
582
161
519,932
24,924
173,641
321,367

822
24
598
200
592,432
32.2S8
179,553
380,591

865
34
60S
223
671,262
43,754
182,690
444,818

1,089
71
755
264
974,920
91,294
226,085
657,541

648
30
357
262
729,954
51,899
99,363
578,692

02.0
94.7
110.6
113.6
109.6
77.9
80.9
77.4
28.8
30.0
28.1
® 40 companies having 82 percent of total life insurance outstanding in all United States legal reserve companies.

91.8
109.3
81.2
29.8

FINANCE
Pages 60, 77
Life insurance (Ass'n. of Life Insurance Presidents) :
Insurance written:®
Policies a n d certificates, total number
thousands. _
675
Group
do
23
Industrial
_
do
399
252
Ordinary
do.. .
Value, total
. . t h o u s . of d o l . . 570,448
Group
__
do
40,322
Industrial
do
109,871
Ordinary
_do.
420, 255
Security markets:
Stocks:
Standard Statistics Co., I n c . :
90.1
Combined index (420stocks).,1926=100..
106.3
Industrials (348 stocks) _.
do.
83.8
Public utilities (40 stocks)
do.
28.0
Rails (32 stocks)
do.
* Revised.




80.7
95.7
71.2
28.3

77.9
92.7
68. 5
25.5

70.7
84.2
64.0
20.9

73.9
87.4
69.5
21.8

73.1
86.4
69.2
20.5

88.0
105.3
76.5
27.3

89.5
108.0
75.0
27.8

86.0
103.9
72.2
25.5

MONTHLY BUSINESS STATISTICS—Continued
Monthly statistics through December 1937. together with explanatory notes and reference!
to the sources of the data, may be found in thi
1938 Supplement to the Survey
FOODSTUFFS
Pages 106, 10S, 110, 111, 112, 115
Grains and grain products (principal markets):
Corn:
Receipts
.thous. of bu.
Shipments
do.
Oats:
Receipts
do.
Wheat:
Receipts
_
do...
Shipments
do—Stocks, cold storage, end of month:
Butter, creamery
.-thous. of lb_,
Cheese (total)
__.do.
Case
thous. of cases.
Frozen
thous. of lb.
Fish, total (15th of month)
do....
Total meats
..mil. nf lb.
Beef and veal
thous. of lb.
Pork, total..
do...
Fresh and cured
_do...
Lard..
_
do...
Lamb and mutton.
do...
Miscellaneous meats
mil. of lb.
Poultry
thous. of lb.
Livestock: .
Cattle and calves:
Receipts, principal markets
thous. of animalsDisposition:
Local slaughter
.
do._.
Shipments, total
do
Hogs:
Receipts, principal markets
do~_
Disposition:
Local slaughter
do~Shipments, total
do
Receipts, principal markets
Disposition:
Local slaughter
Shipments, total

do
do....
do

1939
February

February

March

April

May

June

July

August

10,216
5,398

17,971
11,760

23,558
12,921

29,948
24,367

31,867
38,706

28,104
27,987

26,573
27,017

17,419
18,061

3,609

9,703

24,669

10,128

7,707

16,984 101,195
14,277 26,726

61,080
25,258

38,477
23,291

27,345
23,797

PAPER AND PRINTING
Pages 145,146
Newsprint:
Canada:
Production
short tons.
Shipments from mills
do...
Stocks, at mills, end of month
do...
TJnited States:
Production
do
Shipments from mills
do
Stocks, at mills, end of month
do

October

No v e m
b e r "

45.157
18,994

32,698
16,356

De

b <£

m

*

20,262
10,969

January

4,304

3,933

4,730

4,381

5,267

4,199

5,658

14,373
8,827
6,221

9,512
9,251

8,542
10,395

10,642
10,458

10,875
13,778

14,274
17,090

19,110
21,696

14,892
18,252

11,900
12,758

92,800
91,625

21,033
85,656

19,574
76,289

54,594 120,351 172,622 201,252 210,703 194,285 159,254
91,160 114,788 134,351 150,248 140,755 132,326 127,440

128,872
120,174

111, 354
106,411

164
44,478
62,109
785
46,727
668,175
542,803
125,372
2,764
67
116,300

2S1
88,754
62,184
838
57,023

14,387
77,042
1,303
9f>, 475
45, 694
789
50,501
665,263
543,947
121,316
2,901
70
78,819

582,654
116,979
3,522
78
100,493

3,204
115,874
37,367
729
40,145
622,454
500,564
121,890
2,121
64
60,053

5,100
130,872
45,981
671
33,601
574,097
450.516
123,581
2,125
62
52,049

6,255
138,510
55f 039
642
33,730
543,770
417,704
126,066
2,148
62
53,432

6,411
135,329
66,716
601
35,925
502, 658
378,981
123,677
1,972
61
52,640

17,240
9,942

302
1,439
136
3,244
4,765
5,942
125,018 110,244 94,305 78,091 62,903 ' 50,345
75,882 84,537 85,665 93,024 ' 90,711 77,003
484
459
548
'791
671
413
34,467 36,943 41,218 52,637
58,187 ' 53,126
451,397 367,177 319,312 373, f>41 537,525 658,489
334,777 277,231 251,645 299,142 430.104 526,411
116,620 89,946 67,667 74,499 107,421 132,078
2,606
2,318
1,861
3,541 '2,925
M
50
53
60
76
72
54,941 59,942 77,692
135.10S 133,531

22

118,088

1,294

' 1,313

1,626

1,502

1,681

1,605

1,630

1,946

2,017

2,306

1,900

1,465

1,635

807
496

863
"445

1,013
605

920
576

1,021
632

995
615

952
659

1,103
821

1,061
950

1,122
1,120

989
927

843
632

975
60S

1,971

1,962

1,895

1,724

1,890

1,757

1,570

1,797

1,881

2,255

2,607

2,570

2,699

1,

1,331
626

1,334
557

1,206
517

1,333
548

1,249
500

1,122
444

1,323
465

1,397
479

1,660
587

1,903
691

1,848
726

1,928
754

566
1,546

1,713

1,739

1,938

2,409

1,929

1,964

2,664

2,986

2,805

1,945

1,552

1,746

953

1,058
663

1,067
670

1,079
853

1,274
1,129

1,080
862

979
992

1,146
1,495

1,174
1,786

1,124
1,673

996

890
673

1,063
677

1,000
1,471
2,638
2,195

1,127
1,617
2,831
2,125

870
1,381
2,506
1,827

865
1,409
2,371
2,010

1,032
1,457
2,675
2,184

1,222
1,407
2,394
2,308

1,349
1,764
2,755
3,226

1,066
1,717
2,336
2,716

1,100
1,755
2,525
2,822

' 1,138
1,786
'2,634
2,872

1,277
1,882
3,245

1,315
1,931
3,185
2,795

15,118
10,968
4,150

14t 576
10,589
3,987

14,052
10,308
3,744

13,874
10,193
3,681

13,967
10,223
3,744

13,865
10,014
3,851

13,331
9,666
3,665

13,244
9,540
3,704

13,440 M3,S35
9,665 ' 10,074
3,775 ' 3 , 8 1 1

13,996
10,301
3,695

14,031
10,289
3,742

75.7

107.0

90.3

66.7

70.2

120.9

117.4

112.2

146.5

150.8

202,601 224,604 200,794 207,678 201,694 202,546 220,303 231,940 254,872 245, 295 209,753
162,906 182,687 214,182 193,288 208, 476 205,490 204,668 230, 346 255,100 264,421 225,472
146,089 183,0C6 174,618 189,008 182,226 179,282 194,917 196, 511 196,283 177,157 161,438

208,382
201,852
167,968

LEATHER AND PRODUCTS
Page 124
Leather:
Production:
Calf and kip
thous. of skins.
Cattle hides
thous. of hides..
Goat and kid
thous. of skins..
Sheep and lamb
do
Stocks of cattle hides and leather, end of
month:
Total
thous. of equiv. hides.
In process and finished
do—
Raw
do—
METALS AND MANUFACTURES
Page 140
Machinery and apparatus:
Machine tools, orders, new
av. mo. shipments 1926= '100-

1939

1938

167.1

200,631
178, 236
190,363

70,868
71,926
21,822

61,357
62,480
24,801

67,864
66,138
26,527

58,836
57,348
28,015

68,001
66,197
29,819

65,382
66,204
28,997

63,278
69, 718
22,557

67,436
66,006
23,987

68,315
74,336
17,966

118.1

72,827
72,203
18,590

78,390
76,278
20,702

75,855
77,974
18,583

77,264
72,967
22,880

TEXTILE PRODUCTS
Pages 154,155
Cotton:
Consumption
bales.. 562,293 426,866 512,626 413,169 426,149 443,043 448,453 561,406 534,037 542,778 596,289 565,307 591,991
290
361
264
481
465
389
399
196
176
377
201
193
426
Exports (excluding linters)--.thous. of bales..
12
11
8
14
11
11
19
25
15
19
18
20
14
Imports (excluding linters)
do
Stocks, end of month:
16,409
15,628
17,028
14,121
17,292
12,187
10,878
10,908
11,633
13,283
16,820
11,138
12,710
Domestic, total
_
do
1,559
1,627
1,697
1,714
1,107
1,808
1,263
1,581
1,768
1,507
1,053
1,412
1,700
Mills
do—
9,646
9,726
9,826 13,013 15,313 15,578 15,331 14,782
Warehouses
do.—. 14,069 11,475 10,942 10,487 10,052
Spindle activity:f
22,449 22,445 22,440
Active spindles
thousands- 22,525 22,347 22,291 21,773 21,342 21,142 21,915 22,153 22,189 22,114
7,171
5,459
6,508
5,587
5,925
5,264
7,641
7,187
7,575
6,613
7,375
7,118
Active spindle hours, total.,.mil. of hours. 277
245
210
225
214
198
252
206
295
277
291
273
280
Average per spindle in place
hours..
66.6
70.2
60.8
76.1
59.4
59.5
87.8
85.7
82.3
83.6
81.9
76.2
Operations
pet. of capacity..
TRANSPORTATION EQUIPMENT
Page 160
Automobiles:
Production:
Canada, total
number.. 14,300 16,066 16,802 18,819 18,115 14,732
6,452
9,007
17,992 18,670 14,794
5,774
Passenger cars
do—- 10,914 11,753 12,276 14,033 13,641 11,014
3,063
15,423 15,518 11,404
5,412
5,273
4,290
United States (factory sales), total...do
297,841 186,531 221,795 219,310 192,059 174,670 141,443 90,494 83,534 209,512 372,413 388,346 339,152
Passenger cars
do
239,983 139,380 174,065 176,078 154,958 136,531 106,841 58,624 65,159 187,494 320,344 326,006 280,040
Trucks
. . d o . . . . 57,858 47.151 477d0 43,232 37,101 38.139 34,602 31,870 18,375 22,018
52,069 62,340 59,112
r
Revised.
Data for January are the latest available.
on the basis of a 2-shift week; figures not given on p. 54 of the October 1938 Survey
a shown in a subsequent issue.