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m o m m TOES S O T *
BOARD OF GOVisIBiORS OF THE FEDERAL RESERVE SYST M
qqj |
-45
For release in morning paper*
Saturday. September 29, 1945

September 28,
BUSINESS INDEXES

1959 average » 100 for factory employment and payrolls;
1923-25 average = 100 for construction contracts;
1935-39 average =» 100 for all other series
Adjusted for
seasonal variation
i w
Jul
Aug.
Aug.
y
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
Au^.

pl88

211

232

p!90

pl96
P2k3
P158
pl4l

223
292
166

248

143

142

P198
p244
pl60
pl44

54

hi

' . *

» -

23

79
piia.i
Pl80,3
Plio.3

145.5

187.6
112.3

348

168

•

*

13

*

63

*

166.8

227.7

118.7

"lluiy

212

235

224

251

168
145

349
171
147

61

44

292

24
91

plL2.2
pl80.6
pll2.0

145.6
187.8
112.3

*

286.5

'

*

.

$

Aug.

13

68
167.9

228.1

120.5

372.7

202.2

335.0
465.4
207.5

Freight carloadings

128

139

142

132

143

146

Department store sales, value

199

218

187-

167

163

157

190

170

171

163

Department store stocks, value

p~Preliminary.
r—Revised
» Date not yet available.
Mote .—Production, car loadings, 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 *U69#
minerals by ,152*
Construction contract indexes based on j&-month moving averages, centered at
second month, of F, 8. Dodge data for 37 Eastern States• To convert indexes to
value figures, shown in the Federal Reserve Chart Book, multiply total by
41*10,269*000, residential by |18k, 137,000, and all other by $226,1)2,000*
Employment index, without seasonal adjustment, and payrolls index compiled
by Bureau of Labor Statisticsf



INDUSTRIAL PRODUCTION
(1935^-39 average » 100)
Adjustedigor
seasonal variation
1%5
Aug*
July Aug.
miUPACTURpS,
Iron and steel
Pig iron
Steel
Open hearth
. Llectrio
Machinery
~
Transportation equipment
Automobile^
Nonferrous metals and products
Smelting and refining
Lumber and products
Lumber
Furniture
Stone, clay* and glass products
Plate glass
Cement
Clay products
>_
Gypsum and plaster products
.Abrasive and asbestos products
Textiles and products
.Cotton consumption
Rayon deliveries
.Stool textiles
Leather products
•Tanning
Cattle hide leathers
Calf and kip leathers
Goat and kid leather
Sheep and lanb leathers
Shoes
Manufactured food products
f<heet flour
Kedtpackiig
: Other manufactured foods
Processed fruits and vegetables
fobiicco ojroducts,
Ci&ers
. .
Cigarettes
Other t^bafco products ^

,

p--Prsll3#aarx,




. -" "

Without
seasonal ad; ustaent
19^4
1945
Aug.
July Au £«

"

•

203
187
182
198
162" 2 0 3 " ' 2 2 4
11*2
133
172
421
512
307
434
P315 .369
p405
531
707
229
185
?150
*
210
245
*
226
183
plio p!13
127
*
•
118
p!20
146
132
pl60
162
168
66
61
62
* .
88
93
plio
122
117
181
pl65
179
p270
287
295
lUl
pl34
133
lUo
123
123
220
211
189
*
118
140
112
109
Pll3
*
108
109
*
128
116
•
82
79
•
50
77
*
133
m
pli5
109
U4
12*8
pl43
147
.116
' P131 plj4
169
~pl34. 140
148
152
Mpl45
pi 10
112
131
*126
128:
92
83
* •
162
152
*
88 • 92

?152

P%52

*

*

^

' :

162
1U2
307
Pil5
p405
Pi50
*
*

pll6
*

pl20
pl6l
61
$

P113
pl67
9270
P13U
123

; 211
• *

pH2
*
*

•
*
1

*

P115
P157
P129
?120
P #
pl94
*

•

.
•

»
*

187
162
203
172
i»2l
369
551
185
210
182
p!19
*

132
168
62
102
115
179
287
133
; 123
220
118
107
! 103
!
'
; 120
73
49
123
109
158
P133
131
159
170
W
83

203
198
• 224 ,
183
512
434
707

229

, 245
226
135
129
' 146
167
66
100

170:
88

125

182
295 .

141
140

189
140
111
107
114
86
75
148
114

165

U5
147
170
213
129
92

160

89

* Data not yet. av«d.lable.

W

3.

INDUSTRIAL PRODUCTION
(1935-39 average • 100)
Adjusted for
seasonal variation
15H*5
19V*
Aug. 1 July Aug.

"ti ithoui
seasonal adj ustment
191*5
19W*
Aug.
July Aug.

I'lAKUFACTLT-ES (Cont'd.)
Paper and products
Paperboard
Hewsprint production
Printing and publishing
Newsprint consumption
Petroleum and ooal products
Petroleua refining

Gasoline

»

11*2
158
77
102
07
251
261*
138
159
125
126
171

*
Ihl
71
pioL
67
•

21*2
1*09
218

1*19
311*
21*0
1*08
231

P3!*7
P256
?230
?355
P190

*

U*8
11*6
117
153
109

11*7
151*
121*
11*6
ill*

pilff
piltU
pl02
pi53

*

*

iiii
72
P109
96
*

*

*

Pl5>

Fuel oil
Lubricating oil
Kerosene
•Coke
Byproduct
Beehive
Chemicals
Rayon
Industrial chemicals
Rubber

136
11*9
80
105
88
P267

*

•
$

$

*

p3t*7
p260
P 230
P355
pl90

156
175
136
133
165
158
L01

308

16U

*

pl%>
*

w
*
*
*

156
175
131*
121*
I65
158
1*01
3d*
2U2
1*09
218

11*1
158
77
98
78
251
261*
138
159
121*
121
171
161*
1*19
310
21*0
1*08
2,1

m
11*6.
117
153
125
289

11*7
151*
12lt
11*6
il*5
336

135
11*9
78
99
76
p267
*

MINERALS
Fuels
Bituminous coal
Anthracite
Crude petroleua
Metals
Iron ore

plU7
piUU
pl 02
pi 53
,

p—Preliminary or estimated.

*

*
*

•Data not yet available.
FREIGHT CARLOADIKGS
(1955-59 average » 100)

I
Coal
Coke
Grain
i
Livestock
Purest products
Ore
Miscellaneous
Me;e'laniiise, l.c.l.

.

128

136

167
163
115
153
166
132
(h

193
157

121
11*0

171
11+6
67

rll*5
185
131
121
155
188
rl50

68

128

136

160

187

176
109

188

litO

97

UtO

21*9
153
65

273

11*8
67

rll*5
178

12*1

115
162
281
151

68

N o t e : < > convert coal and miscellaneous indexes to points in total index, shown in
the Federal Reserve Chart Book, multiply ooal by .213 and miscellaneous by .548.