Full text of G.12.3 Industrial Production : October 26, 1945

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BGAHD OF GOVERNORS OF IKE FEDERAL RESERVE SYSTEM

For release in afternoon papers,
Friday, October 86,

Res BI - 25
OCT 2 91945

BUSINESS INDEXES

1939 average - 100 for factory employment and p#fPwllu r
average - 100 for construction contracts;
average - 100 for a l l other series
"Adjusted fSor
seasonal variation
l%5
19itU
Sept.
Sept, 1 Aug.
Industrial production
Total
Manufactures
Total
Durable
Nondurable
Minerals
Construction contracts, value
Total
Residential
All other
Factory employment
Total
Durable goods
Nondurable goods
Factory payrolls
Total
Durable goods
Nondurable goods

Without
seasonal adjustment
192+5
1944
Sept. 1 Aug.
Sept.

pl 72

P187

230

P175

P 189

234

P178
p208
pl5U
P 135

P195
P2L3
pl57
1la

246
342
168
lit3

pl82
p209
pl60
Pl38

P197
P2lpt4
P159
i44

249
343 '
173
lit?

61
24
91

??

13
61

litl.it
180.8
110.3

164.9
224.0
118.3

*

*

*

p!22,5
pH+i.3
P107.7

#
*

*

P123-5
piia.6
P109.3
$

•»*»

« -

—

*

*

65
24
99

40
13
62

142.5
181.1
112.0

166.0
224.3
120.1

257.5
525.5
191.0

533-8
46o.6
209.8

Freight carloadings

120

128

139

137

132

150

Department store s a l e s , value

200

200

187

210

168

196

Department store stocks , value

•

166

161

*

179

167

#

p ~ Preliminary.
•Data not yet available
Note.—Production, carloadings, and department store sales indexes based on daily
averages. To convert durable manufactures, nondurable manufactures, and minerals
indexes to points in total index, shown in Federal Reserve Chart Book, multiply
durable by . 379, nondurable by .i*69# and minerals by .152.
Construction contract indexes based on 3-month moving averages, centered at
second month, of F. W. Dodge data for 37 Eastern States. To convert indexes to
value figures, shodh in the Federal Reserve Chart Book, multiply total by
&10,269,000, residential by $184,137,000 and a l l other by ;226.132,000.'
Employment index, without seasonal adjustment, and payrolls index compiled
by Bureau of Labor S t a t i s t i c s .



I

INDUSTRIAL PRODUCTION
(1935-39 average = 100)
Adjusted for
seasonal variation
i m
• 1945
Sept#
S6]pt • 1 Aug.

Without
seasonal adjustment
1944
1945
Sept.
Sept, 1 Aug.

MAN
. UFAJC TORES
Iron and s t e e l
Pig Iron
Steel
Open hearth
Electric
Machinery
transportation equipment
Automobiles
Sonferrous metals and products
Smelting and refining
Lumber and products
Lumber
Furniture
Stone, clay, arid glass products
Plate glass
Cement
Clay products
Gypsum and plaster products
Abrasive and asbestos products
Textiles and products
Cotton consumption
Rayon deliveries
Wool t e x t i l e s
Leather products
Tanning
Cattle hide leattiers
Calf and kip leathers
Goat and kid leathers
Sheep and lamb leathers
Shoes
Manufactured food products
Wheat flour
Meatpacking
Other manufactured foods
Processed f r u i t s and vegetables
Tobacco products
Cigars
Cigarettes
Other tobacco products
p--Prelimin&ry«




P 165
*

172
155
299
p250
*306
pl21
*
*

P96

P 89

pl 10
pl52
79
*

P107
pl53
P229
pl42

138

p2l6
*

..

*

97
pllO

Pl62

p26o
pl34
12?
213
*

113
68

*

*

pl6o
6i

107
98

*

.

155
161
164
1242
319
p3io
p4H
pl51
pl98
172
P107
98
pl2U

.

*

*

pi41
pl27

pl42
piia
plOl

160
106

206
99

1*7

130

114
pl38
P131
123
piLo
plOl
150
91
195

98

202
196
222
183
502
427
695
226
238
205
120
111
139
159
66

86
116

175
302
147
148
196
144
121
120
132
92
80
157
122
146
113
161
147
121
124
95
149
87

P l65

155
161
164
142
319
P310
p4ll
pi5i
P198
171
Pil3
108
P124
pl65
61
110
pii3
pl62
p260
pl34
123
213

*

172
155
299
!
p250
P 308
pl21
*
*

pl03
p99
pllO
P157
79
*

pill
P155
p229
pi42
138
p2l6
*
•' #

*

*
*

*
*

pl62
pl39
P135
Pl69
P223
169

106
220
106

*
•

107
96
110
71
46
134
114
Pl5l
Pl30
119
P154
P i65
• 155
91
204
95

202
196
222
183
502
427
695
226
238
205
128 .
123
139
164
66
100
120
179
302
!47
148
196
144
121
118
129
90
81
153
122
166
123
148
174
236
131
95
160
93

* Data not yet available*

IHTOSTRIAL PRODUCTION
(1935-39 average s 100)
Adjusted for
seasonal v a r i a t i o n
1945
19Ut
Septi. I Aug.
Sept.

Without
seasonal adjustment
19U5
19#
Sept.
j Sept# 1 Aug.

MANUFACTURES (Cont'd.)
Paper and products
Papcrboard
Newsprint production ,
P r i n t i n g and publishing
Newsprint consumption
Petroleum and coal products
Petroleum r e f i n i n g
Gasoline
Fuel o i l
Lubricating o i l
Kerosene
Coke
Byproduct
Beehive
Chemicals
Rayon
Industrial chemicals
Rubber

165
81
pllO
93
*

P132
11*1
72
111
96
p2Zt2

*

*

pi36

155
173
138
il*o
153
ll*8
335
p265
p222
P368
P193

H*2
159
81*
99
83
258
272
12*1
162
132
126
168
162
389
307
237
koo
230

m
m
102
152
105

ll*8
151
129
11*9
113

*

*

*
*
*

*

p237
P227
P235
P558
p!80

*

165
81
pi 10

&
*

*

Pi36
*
*

*
*

#

p237
P227
p235
P358
pl 00

155.
173
137
135
153
11*8
335
p26l
p222
P368
pl93

11*1
159
81*
100
- 8U
258
272
12*1
162
132
121*.
168
162
389
307
237
1*00
230

m
11*1*
102
152
123
289

m
151
129
11*9
138
311

P132
11*1
71
107
87
p2lf2
*

IGBBRAIS
Fuels
Bituminous coal
Anthracite
Crude petroleum
Metals
Iron ore

pll*0
pll*8
plli*
plUO
#

pll*0
pll*8
pill*
plLo
*
*

p*»~Pre 1 iminary or estimated#

* Data not yet available#
FREIGHT CARLQAI'INGS
(1935-39 average r 100)

Coal
Coke
Grain
livestock
Forest products
Ore
Miscellaneous
Merchandise, l . c . l .

1U3
155
11*6
11U
125
203
126
66 /

128
16?
163
U5
133
166
132
a

iki
rl83
126
lilt
137
181*
1#
67

11*3
15k
163
150
135
261
136
69

128
160
176
109
11*0
21#
133 ;
65

11*7
181
11*2
IS!
11*8
276
$58
70

r-HRcvised.
Note.—To convert coal and miscellaneous indexes to points in total index, shown "
i n Federal Reserve Chart Book, multiply coal by ,21) and miscellaneous by .548.