Full text of Survey of Current Business : April 1941
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APRIL 1941
SURVEY
OF
CURRENT BUSINESS
UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
VOLUME
21
NUMBER
4
UNITED STATES DEPARTMENT OF COMMERCE
JESSE H. JONES,
Secretary
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
CARROLL L. WILSON, Director
SURVEY OF
CURRENT BUSINESS
A publication of the
DIVISION OF BUSINESS REVIEW
MILTON GILBERT, Chief
JOHN D. WILSON, In Charge, Survey of Current Business
APRIL 1941
Volume 21
Number 4
CONTENTS
The business situation
Further production gain.
Consumer buying continues high
Report on 1940 profits
Page
3
4
6
6
SPECIAL ARTICLES
Recent price developments
The American shipping situation
8
13
CHARTS
Figure 1.—Monthly business indicators, 1936-41
Figure 2.—Indexes of the value of manufacturers' new orders, shipments, and inventories, 1929-41
Figure 3.—Index of production of nonferrous metals and products,
adjusted for seasonal variations, 1936-41
Figure 4.—Index of total freight-car loadings, adjusted for seasonal
variations, 1936-41
Figure 5.—Indexes of selected consumer purchases, adjusted for
seasonal variations, 1938-41
Figure 6.—Quarterly profits of large industrial corporations, 1934-40.
2
3
4
4
6
7
Figure 7.—Indexes of cost of living, 1939-41
Figure 8.—Weekly indexes of wholesale prices, January 2, 1937March 22, 1941
Figure 9.—Percentage changes in wholesale prices of selected commodities, May 8, 1937-August 19, 1939, and August 19, 1939March 15, 1941
Figure 10.—Indexes of daily spot market prices, August 31, 1939March 27, 1941
Figure 11.—Total exports to and general imports from non-European
areas, 1939-41
Figure 12.—American owned (government and private) steam and
motor merchant vessels of 1,000 gross tons and over engaged in or
assigned to ocean trade in the quarters ended December 31, 1938December 31, 1940
302601—41
1
9
10
11
13
14
STATISTICAL DATA
New or revised series:
Table 14.—Exports by grand divisions and countries, economic
classes, and commodities—revised statistics for 1939
17
Table 15.—Imports by grand divisions and countries, economic
classes, and commodities—revised statistics for 1939
18
Monthly business statistics
19
General index
Inside back cover
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Superintendent of Documents, Washington, D. C.
Page
8
1
SURVEY OF CURRENT BUSINESS
April 1941
Monthly Business Indicators, 1936-41
INDUSTRIAL
160
INCOME PAYMENTS *
PRODUCTION
j
I 10
j
ii
(VOLUME , 1935-39 = 100)
1
i
140
!
100
120
!
; 1929 = 100)
i
i
!
90
100
/
80
i
i
70
80
1936
1937 1938 1939 1940
iii.'li'iii
1936
1941
1937
1938
1939
i
M I ; I ! I i i i l
1940 194!
CASH INCOME FROM FARM MARKETINGS
IRON AND STEEL PRODUCTION
250
.00
200
90
(1924-
J
80
70
50
1936
:
TOTAL
\
\J^°
00
IMIlllHM
1936
I M . I I I M I I
I ' l M I l
i ^ ^ V
25
1 ! ; II 1 1 ! 1 !! 1 1 I 1 I I 1 ! :
1 I
1937 1938 1939 1940
1940
14
91
CONSTRUCTION-~J\
50
PAYROLLS
(UNADJUSTED)
! 11 U I 1 LJ ' J 1 1 1 !
1939
75
r?
bPQ
V !
100-
9*
80
1938
---
(VALUE, 1923-25 = 100
3-MONTH MOVING AVERAGE)
EMPLOYMENT
100
1937
^ — •
CONSTRUCTION CONTRACTS AWARDED*
!25
(1923-25= 100)
^ ^ j ^
1941
W
Y
BUILDINGS
RESIDENTIAL
1 I ! I 1 1 I 1 1 1 ! ! 1 1 1 I 1 ! 1 1 1 1 1
1936
1937 1938 1939 1940 1941
PRICES OF 3 5 0 INDUSTRIAL STOCKS
COTTON CONSUMPTION
1200
f-lA—1—1
1936
1937 1938 1939 1940 1941
120
60
w
60
FACTORY EMPLOYMENT AND PAYROLLS
140
29 = 100) !
160
( 1 9 3 5 - 3 9 = 100)
'.1926 = 100
150
100
120
50
A
140 -
100
0
1936
1937 1938 1939 1940
*
ADJUSTED
FOR SEASONAL
1941
VARIATIONS
\
80
1 i 1! 1 ! 1 1 1 1 1
1936
#
Figure 1.
EXCLUSIVE
1937 1938 1939 1940 1941
OF GOVERNMENTAL
PAYMENTS
April 1941
SURVEY OF CURRENT BUSINESS
The Business Situation
J3USINESS activity continued to move ahead in
March under the forced draft provided by the defense
program. Notwithstanding the growing tightness of
supply in many sectors of the economy, the rate of
expansion was substantial, considering the high, level
of operations already attained in recent months. Industrial output again advanced to a new all-time high,
with, growing output in defense industries making a
significant contribution to the rise. Construction activity also increased under impetus from heavy plant
and residential building demand. Electric power output and freight loadings were higher on an adjusted
basis, reflecting industrial gains and, in the case of carloadings, an unusually large movement of coal and ore.
Retail trade reports indicated the maintenance of
exceedingly favorable sales volumes, although heavy
income-tax payments apparently limited the month's
gains.
No development of the month contained more farreaching implications for business than passage of the
Lease-Lend Act, which increased defense appropriations
and contract authorizations thus far made in fiscal
year 1941 to $29,900,000,000. With the addition of
other bills pending, and existing British orders, the
defense program now anticipated through fiscal year
1942 was announced to total more than $40,000,000,000.
Of course, such a sum may exceed what will actually
be expended in this period, for ability to spend rests
upon the power to produce. Nevertheless, output of
defense material is moving up rapidly, March Army
and Navy expenditure being about $728,000,000
as compared to $576,000,000 in February and $153,000,000 last June. With the use of lend-lease funds,
new construction of Government-owned manufacturing
facilities for defense will be expanded another 38 percent at a cost of $752,000,000; so an eventual output
of defense material costing $1,500,000,000 to $2,000,000,000 monthly may be expected. The magnitude
of this investment is demonstrated by comparison
with the gross investment in the peak year 1929 on
durable goods, both producer and consumer, of approximately $2,100,000,000 monthly.
Despite the fact that defense output in the present
phase of the program is still relatively small, evidence of increasing supply difficulties accumulated
during the month. These were reflected in the sharpest
increase in sensitive commodity prices since September 1939 (discussed in the article on price developments on page 8 of this issue) and in the broadening of controls found necessary by defense authorities
During March the complete allocation of aluminum
was undertaken; a priorities critical list containing 218
items was made public; plans were formulated for obtaining information on inventories of various metals
held by both producers and consumers; maximum
prices were issued for aluminum and zinc scrap and
remelt; a new labor mediation board was established;
and special divisions of the Office of Production Management were created to organize adequate supplies of
skilled labor and to direct conservation, reclamation,
and substitution of raw materials.
Heavier Shipments and Orders in February,
The tight supply position in many markets was
partly responsible for a continued rise in the volume
of new orders placed with manufacturers during FcbJANUARY 1939 = 100
200
DECEMBER 31, 1938= 100
150
190
145
180
140
170
!60
—
MO
105
100
!OO
90
95
90
80
1939
1940
1941
Figure 2.—Indexes of the Value of Manufacturers' New Orders, Shipments„
and Inventories, 1939-41 (U. S. Department of Commerce).
NOTE.—-The right scale (inventories) is double that for the left scale (new orders and
shipments). The two scales were used to take into account the difference in dollar
volume represented by the index numbers.
ruary, buyers seeking to assure delivery many months
hence. Particularly was this true of machinery and
iron and steel, both of which contributed heavily to
a 6-percent advance in the Department of Commerce
SURVEY OF CURRENT BUSINESS
new orders index, leaving the month's new business 84
percent above that of a year ago.
Accompanying this further expansion of new orders
was a sharp rise of about 7 percent in February shipments of manufactured goods. Part of the larger movement was seasonal, especially in such consumers' goods
as textiles and foods. However, shipment of defense
materials was also in much heavier volume as iron and
steel and their products, transportation equipment
(including aircraft and some ordnance material), and
all types of machinery advanced. Despite this expansion, however, shipments failed to match incoming
business for the tenth consecutive month and order
backlogs of durable goods increased a further 11 percent.
250 (1935-39= 100)
200
150
100
50
/
/
y
L /
******
\
m i d l l u J
, M I 1 ! I I , 1 1 1 II 1 1 1 1 1 1 1
1
1936
1937
1938
1 1 1 II 1 1 1 II 1 1 1 1 1 ! 1 1 1
1
!
1939 1940 1941
Figure 3.—Index of Production of Nonferrous Metals and Products,
Adjusted for Seasonal Variations, 1936-41 (Board of Governors of the
Federal Reserve System).
April 1941
in these lines rose again during March, and though the
usual seasonal increase in many other lines was not
possible, expansion of output in the aggregate continued at about the same rate as in the previous month.
In the metal industries, where most gains are limited
to the introduction of new capacity, activity is expanding little. Steel output in March was 7,146,000 tons,
the largest in history, but a smaller advance than is
usual. Activity climbed to a peak of 99.8 percent of
capacity during the month, the highest operating rate
since May 1929. Output of most nonferrous metals
also rose somewhat, but the increase on a daily-average
basis was small. Substantial addition to aluminum
producing plant, where the tightest supply situation
is now to be found, is not expected until late in the
second quarter. Lumber and paper outputs were
heavier, though the former, starting from an already
high level, failed to realize the usual rise of about 10
percent. In contrast to the March expansion in past
years, the automobile industry ended a record quarter
with production of approximately 500,000 units, little
changed from the previous month.
The coal industry furnished the most substantial
expansion in March, as fear of interrupted shipments
during labor negotiations led to widespread consumer
stocking and an output gain of 8 percent, though production usually declines very sharply. This gain contributed markedly to producing a weekly average of
763,580 freight loadings, 22 percent above a year ago,
and the heaviest for any like month since 1930. Though
The heavier movement of goods took on added
meaning inasmuch as manufacturers' inventories showed
little increase. For some time, forward buying and
expanding productive activity have bolstered ship120 ( 1923- 25 = 100)
ments through inducing intramanufacturer deliveries
of semifinished goods for inventory. Now, however,
100
goods in general are moving into distribution and conr
sumption channels on a substantially larger scale.
/i/V
on
The February accumulation of inventory by manufacturers was approximately $50,000,000, a consider60
able decline from the average addition of $200,000,000
monthly over the past half year. Some consumers'
1
,
I ! ! 1 1 I 1 II 1 1
40 i 1 i i 1 1 1 1 I I L ,
industries reduced inventories, but such declines were
1936 1937 1938 1939 1940 1941
mostly of a seasonal nature. Accumulation continued Figure 4.—Index of Total Freight Car Loadings, Adjusted for Seasonal
chiefly in such expanding industries as machinery, Variations, 1936-41 (Board of Governors of the Federal Reserve System).
transport, equipment, and aircraft. In most other
durables, inventories were unchanged, reflecting in movement of industrial freight rose less than usual, it
some measure the increasing difficulty in obtaining remained in large volume as compared with other
recent years. Ore shipments were the heaviest on
materials in excess of immediate production needs.
record for March, while coke loadings were the highest
Further Production Gain.
since the record-breaking totals of early 1926.
The huge demand now in existence was met by
another increase in output during March. Industries Advance in Construction.
directly concerned with defense production—machinery,
Sustained by large contract backlogs and heavy curaircraft, shipbuilding, and railroad equipment (which rent awards, construction activity advanced with
includes large ordnance activity)—have recently moved better weather conditions in March. Further improveahead rapidly with completion of new facilities and ment on a seasonally adjusted basis is expected over
were primarily responsible for the February advance in the next quarter, increasing private construction awards
the Federal Keserve's adjusted index to 141. Activity offsetting some recent decline in public contracts.
SURVEY OF CURRENT BUSINESS
April 1941
In respect to public construction, the major part of
the cantonment program had been contracted for by
the end of December, and awards for more than twothirds of the $1,900,000,000 defense plant and equipment expansion had been made by March. Contracts
of the latter type as reported by the Office of Production
Management were reduced to $125,000,000 in February from the $358,000,000 high of the previous month.
However, a resumption of the advance in this area is
expected soon, as the 1 end-lease appropriation includes
$752,000,000 for manufacturing facilities and still more
funds for shipyards will undoubtedly be forthcoming.
Meanwhile private awards, which now comprise
about two-thirds of the total, have been raised by increased need for defense plant and an advancing demand for housing. Issuance of "certificates of necessity/ 7 which are sought before contracts are let
aggregated $351,000,000 in March, as compared with
$298,000,000 in February and $192,000,000 in the preceding month.
In the residential construction area, contracts reported by the F. W. Dodge Corporation for 37 States
in February were $116,000,000, 55 percent above a
year ago and the largest for any February since 1929,
and a further increase was evident in March. Much of
the current activity is for private account, public residential awards in February being only $23,000,000,
less than half of the monthly volume in the final quarter
of 1940 when the cantonment program was expanding
rapidly.
Smaller Rise in Income and Employment.
Notwithstanding wide gains in business activity, the
February increase in employment and income after
adjustment for seasonal influences was somewhat
smaller than in other recent months. Civil nonagricultural employment increased by 265,000 workers to a
total of 36,584,000. This represented a gain of 2,200,000
over February 1940, making non agricultural employment the largest on record for the month.
Though factory employment made the most substantial advance in the aggregate, its rise only slightly
exceeded the usual seasonal, a small increase in the
adjusted index for durable goods employment countering a decline in that for nondurables and raising the
total index from 118.3 to 118.4. Defense industries
scored the heaviest rise. Changes in other durable
lines were less marked, and employment was reduced
in a few, including agricultural machinery, lumber,
and building materials.
Construction and trade, fields less hampered by
capacity problems, experienced contraseasonal gains
during February. As indicated above, activity on
Federal projects was responsible for a major part of
the expansion in the construction area, an unusually
large number of employees having been engaged on
these projects throughout the entire winter.
MONTHLY BUSINESS INDEXES
Industrial pro- j Freight-car Retail sales, Foreign j
trade,
duction, ad- j loadings,] value, advalue,
justed i
justed i
! adjusted
adjusted ] I •
Monthly income Factory em- Cash farm
payments, ad- ployment
and pay
income 2
justed !
rolls
|
""no
Year and month
H
II
.5
I !
5 s
Monthly average-,
1929 = 100
1929:
1932:
1933:
1937:
1938:
1939:
1940:
February
February
February.February
February
February
January
February .
March..
.
.
Ap
April
Ms
ayJune
July
August
September
October
November
December
1941:
January
February
1
j 99. 2
66.8
54. 6
I 87.4
! 81.5 !
| 83.
I
90.3 |
i 89.7 I
88.4 i
88.2 !
88.6
I 88.7 !
i 89.3 |
i 90.5
I 91. 7 !
I 92.5 !
j 93.6 |
j 95.8
i
j 96.6
I 96.8 I
Adjusted for seasonal variations.
99.2
66.0
53.4
85.4
79. 9
84.1
98.8
69. 6
56.8
87.1
81.6
84.6
Monthly average, 192325 = 100
57. 5
54. 0
52. 5
87.5
87.0
86.2
87.3
87.9
88.8
90.4
91.5
92.2
93. 9
97.0
90.2 107.6
99.8
89.6 105.8
99.3
89.3 104. 0 99.8
88.7 102.8
97.9
89.8 102.8
97.8
90. 7 103. 9 99. 5
91.1 105. 1 j 98.2
92. 3 107.4 105. 5
93. 0 108.9 ! 111.6
93.4 111.4 ! 116.2
94.7 114.2 i 116.4
96.9 116.6 122.4
97.8
98.7
97.3
97.8
I
118.3 j 120.7
118.4 j 126.4
•a I £
(
S
©
Monthly av- M o n t h l y average, I Monthly average, j 192S
6r
o n - nn
I
1935-39 = 100
|
1923-25 = 100
J31 = !
110.8
55. 4
41.4
100. 1
77. 7
87. 1
105. 0
71.4
65. 0
108. 4
92.4
96.8
z
108 I 108
63 ! 62
110
69
69
109
98
102
69. 0
60. 5
60.0
62. 5
66. 0
62.5
75.0
79.0
95.0
117.0
96. 5
86. 0
79.5 ! ml
78.5 ! 84
73.0 ! 101
79.0
116
84.0
113
76.0
81.5 | 111
80.0 | 115
70.0 | 121
71.0 | 121
71.0 j 121
75. 5 125
80.5 I 129
79.5 I 132
85.5 I 138
55
119
82
101
123
116
112
110
114
122
121
122
127
131
135
142
118
114
117
119
117
118
120
114
116
113
117
118
74.5
61.0
86.5 | 139
83.5 | 141
109
60
52
82
62
67
143 i 118
145
118
2
From farm marketings.
II
77 |
83 j)
84 J j
86 p
86 I
104
78
66
68
62
62
110
79
62
95
88
88
136. 5
44.0
33. 0
139. 5
74.0
96.0
Monthly average,
e
1923-25 = 100
128
45
29
67
76
63
62
61
60
59
60
60
61
61
61 |
92
90
89
89
89
91
92
98
97
62 S 94
62 ! 100
63 I 101
96
125.8
100
130.8
91
112. 5
90
112.5
91
104.1
122.7 j 104
119.5 | 95
120.2 | 100
118.7 | 74
74
133.4
128.6 ! 75
121.6 j 80
63 ! 101
65
103
154.3 !
84
88
Monthly
average,
1926 = 100
118
27
19
62
51
124.1
65. 2
52.7
89.4
74.2
77.1
95. 4
66. 3
59.8
86.3
79.8
76.9
75
63
62
64
64
74
85
90
93
95
111
115
101. 3
87.9
99.0
97. 6
99.7
95. 6
97. 6
92.8
92.6
108. 3
105. 5
123. 3
79.4
78.7
78.4
78.6
78.4
77. 5
77.7
77.4
78.0
78.7
79.6
80. 0
70 i 103
73 ! 88
114.0
98.6
80.8
80.6
116
41
26
87
51
49
79
6
Though heavier income payments accompanied the
employment gains in February, the total advance was
cut by reduced income from farm marketings, payments
rising to an annual rate of $79,500,000,000. The payroll increase of 5 percent was largely responsible for the
rise in the adjusted index of income payments from
96.6 in January to 96.8 in February. On the other
hand, the adjusted index of cash income from farm
marketings fell 3 points to 83.5 in February. However,
this decline is not significant. Withholding of corn
from Government loan, which now is available until
October (as contrasted with a time limit of April 1
last year), and reduced marketing of tobacco, both
contributed to a smaller crop income. Income from
the marketing of livestock continued high. Livestock
prices have advanced substantially since the year-end,
averaging 27 percent above the first 3 months a year
ago and 16 percent above the final quarter of 1940.
This reflects expanding demand and a relatively fixed
supply over the short period.
These varying movements in price and marketing of
different commodities have about canceled each other
in their influence on the aggregate farm income, the
$1,383,000,000 (including Government payments) for
the first 2 months this year equaling the $1,386,000,000
realized in the same period of 1940. Over the next
year increased foreign demand is expected to enhance
farm income, the result of a lend-lease appropriation of
$1,350,000,000 for "agricultural, industrial, and other
commodities." British agricultural needs appear to be
greatest for meats, dairy products, and certain feeds;
grains being in more adequate supply on the whole.
Consumer Buying Continues High.
April 1941
SURVEY OF CURRENT BUSINESS
year in the month of March, department-store sales in
the 4 weeks ending March 22 were 2 percent above
those in the like period a year ago, about equal to the
February level after adjustment for seasonal influence.
Though purchases have been heavy in almost all
lines, as is usually the case in times of rising income,
sales of durables have expanded more than nondurables.
Automobile dealers sold approximately 420,000 new
units in February, a record for the month, and business
in March continued in the same good volume. Buying
1935-39= 100
300
EILECTRIC REFRIGERATOR SALES
(DOMESTIC HOUSEHOLD)
250
200
150
100
50
0 I i • i i
200
GROCERY CHAIN-STORE SALES
150
100
50
ZOO
APPAREL CHAIN-STORE SALES
150
Consumer buying maintained its high level of recent
months during March, though large tax payments
limited gains to about the usual seasonal. These
heavy March sales followed purchasing in February
1940
1941
1938
1939
which was the best in more than a decade, when measFigure 5 Indexes of Selected C o n s u m e r Purchases, Adjusted for Seasonal
ured on a seasonally adjusted basis. At that time, the
Variations, 1938-41.
adjusted index of department-store sales advanced to
of household furnishings has also been large, an illus102, and stood 14 percent above the like month in
1940. Similarly, rural merchandise stores and variety tration of which is given in figure 5, showing the seasonstores reported increased sales volumes over the year ally adjusted movement of refrigerator sales. Shown
previous of 14 percent and 10 percent, respectively— also are sales of chain apparel shops and chain grocery
stores, which have been advancing less rapidly, but
new records in each instance.
Through March 26, $1,200,000,000 was received by were 12 percent and 10 percent, respectively, higher
the Treasury in income taxes, about three-fourths more I in February than a year ago.
than was paid last year or in 1937. Such a large sum, Report on 1940 Profits.
Record business in 1940 produced a large advance in
which probably included payments by close to 8 million
profits, despite a substantial increase in taxes. Availindividuals, undoubtedly had some effect on sales
volumes. Nevertheless, purchases remained very high, able returns from corporations in all industries, with
and. notwithstanding inclusion of the Easter season last adjustments include estimates for small as well as
1 !
!
!
1
:
1 I
1 1
1
1 1 1 1 1 1 1 1 1 1 I
1 1 I ! I
1 1 1 1 1
1 1 ! 1 ! 1 1 1 1 t
1
April 1941
SURVEY OF CURRENT BUSINESS
large corporations, indicate that earnings rose about 22
percent over those of 1939 to the highest total since
1929. The largest gains relative to 1939 were achieved
in the first three quarters. Notwithstanding a higher
level of activity, fourth-quarter results only approximated the comparatively high totals in the final months
of 1939, primarily because of increased taxes and special
reserves set up by some companies.
Since a substantial part of railroad costs remain
fixed, rising business brought the largest proportional
gain to that industry. Railway net income rose 101
percent from $95,000,000 in 1939 to $191,000,000 in
1940. Power and gas corporations, experiencing a
more moderate rise in activity, increased earnings about
3 percent. The bulk of the corporate advance was
contributed by the manufacturing and mining industries, with net profit increases of about 27 percent.
The profit record of leading industrial corporations
is charted in figure 6. Earnings generally receded in
the forepart of the year, then failed to turn up with
industrial activity in the third quarter when provision
was made for increased taxes retroactive to the first
two quarters. However, returns mounted sharply in
October -December to approximate the high level of the
fourth 1939 quarter. It should be kept in mind that
earnings of leading corporations are not representative
of returns of all industrial corporations. The two
differ as to the relative importance of various industries and in the fact that all industrial corporations
include a larger proportion of small corporations whose
comparative profit showing is different from that of
large corporations.
Among the leading industrial corporations, producers of durable goods reported the heaviest increase
in net income during 1940. Iron and steel earnings,
for example, nearly doubled, and machinery companies
had an advance of more than 50 percent. Other
sizable gains occurred in aircraft, electrical equipment,
railway equipment, nonferrous metals, lumber, agricultural implements, automobiles and accessories, and
household furnishings. With the notable exceptions of
textiles and paper products the nondurable industries
made less striking increases, and some showed lower
earnings than in 1939.
MILLION DOLLARS
500
400
AUTOMOBILES AND ACCESSORIES
(+s COMPAN/CS)
-50
150
IRON AND Sr£fL
A
100
COM PANIBS)
i
\
_U
_J
i
50
-50
(26
!
100
\ 1
MACHINERY
!
(S3
I
!
i
!
| 1 t
!
i
I
!
1
1
1
!
1 !
! 1
COMPANIES)
50
00
50
0
INDUSTRIAL
t^i
CHEMICALS
(«?-?
COMPANIES ;
—-4—^
1 '
- 1 1 : 1
1 1 1 !
1 1 !
^kiiiP*r|
'
I
FOODS, BEVERAGES, CONFECTIONERY AND TOBACCO be COMPANIES)
1934 1935 1936 1937 1933 1939 1940 1941 1942
D. D. 40 - 606'
Figure 6.—Quarterly Profits of Lar£e Industrial Corporations, 1934-40
(Board of Governors of the Federal Reserve System).
NOTE.—The companies included in these series are, for the most part, large companies in the durable-goods industries, consequently the series arc not representative
of small corporations.
SURVEY OF CURRENT BUSINESS
April U)41
Recent Price Developments
By Ralph C. Wood, Division of Business Review
that
August,
CONTINUING a trend movedbegan lastduring the
many commodity prices
upward
June 1939 to February 1940, although substantial for
this indicator, was small in comparison, for example,
first quarter of this year. Although large increases over with the advance of almost 7 percent from April 1936
last fall have been mainly confined to basic commodities, to September 1937. Though living costs were higher
advances among processed and fabricated goods were in February than at any time since the middle of 1938,
increasingly numerous and in many instances substan- they still were about 3.5 percent below September 1937.
tial. Prices of all commodities other than farm products
Considering the pace of industrial activity and
and foods, as reported by the United States Bureau of current emphasis on speed in production and delivery,
Labor Statistics, were only 4 percent higher by the end the rise of wholesale commodity prices has also been,
of March than in mid-August of last year, but prices in general, moderate. (In considering individual prices,
of many commodities, especially those affected by the
JUNE 15, 1939=100
JUNE 15, 1939 = 100
procurement needs of the armed forces, were higher by
106
106
ALL ITEMS
a much wider margin.
• FOOD *
104
Wholesale lumber prices generally were about 20
104
percent higher, woolen and worsted goods 12 percent,
••
102
102
cotton goods 23 percent, leather about 7 percent; and
prices of a number of specific items among these groups
100
100
were up in a much greater degree. With some excep,
tions, such as the specific lumber prices that advanced
98
98
most sharply last fall and that have declined to some
106
' 106
CLOTHING
extent, the tendency among these prices since the first
RENT
of the year has been to hold their large increases of pre104
- 104
ceding months or to continue upward. Among food
102
prices at wholesale, meats were higher by about 10
102
percent.
L
*> • — • ! »
100
100
Notable advances have occurred recently in many
%
other lines, including clothing, furniture, housefurnish98 1 i i i < i
98
ings, refrigerators, kitchen utensils and small appliances,
106
FUEL, ELECTRICITY,
hardware, and office supplies. Discounts and other
AND ICE
concessions formerly available have been reduced or
eliminated from the terms of sale in many price areas,
thus contributing to the rise in effective prices.
Wholesale price increases began filtering down into
100
retail lines some time ago, notably in clothing, furniture,
refrigerators, and other items just mentioned. Men's
98
JUNE J A S O N D J F
J J A S O N D J F M JUNE J A S O N D J F M A M J J A S O N D J F M
clothing, including overalls and work shirts, was one
1939
1940
1941
1939
1940
1941
of the first to be affected, with repeated small increases
Figure 7.—Indexes of Cost of Living, 1939-41.
since last fall. This movement was more than offset
NOTE.—Thi> indexes have been recomputed, with June 15, 1939. as base, from the
in January and February by cut-price sales of women's
indexes of cost of goods purchased by wage earners and lower salaried workers
published by the U. S. Department of Labor. Data plotted are for the 15th of the
wear, so the clothing component of the cost-of-living
last month in each quarter through September 1940 and for the 15th of each month
thereafter The index of "all items" includes a miscellaneous group not shown
index for goods purchased by wage earners and lowerseparately in this chart.
salaried workers fell slightly in those months. (See
however, it should be remembered that a great reducfig. 7.)
'
Nevertheless, because of increases in practically all tion of overhead costs per unit of output has occurred in
other items the combined cost-of-living index advanced many industries where output has risen to capacity or
slightly in February. This gain was particularly note- near-capacity levels.) At the end of March the "all
worthy among food prices, beef prices declining some- commodity" index was still 7 percent below the highest
what but pork advancing sharply. A seasonal drop in point reached in 1937. Even the index for commodities
egg prices also occurred, but prices of most other foods other than farm products and foods, which excludes
increased. Notwithstanding a definitely upward tend- the groups that fell furthest from 1937 to 1939, had not
ency, the 2-percent rise in the cost of living from quite equaled its highest mark for 1937. Nor has the
V
J
1 l ! 1
-
' ' ' 1
1 1 ] 1
1 1
!
I i I 1 II
—
.
1 1 1 I 1
I 1 i I i : i
«-»
1 1 1 1 ' I
0 0. 41-106
SURVEY OF CURRENT BUSINESS
April 1941
9
date to the recent week of March 15 the price rose 43
percent, this general movement being typical of most
agricultural items and of a small number of basic
industrial materials. On the other hand, prices of
finished steel, cement, plate glass, and sulfuric acid,
which changed not at all or only in comparatively slight
degree in the first period, likewise advanced little or not
at all after the outbreak of war.
Price behavior of the type demonstrated is nothing
new. It is the rule rather than the exception for prices
of raw materials to fluctuate more widely than those of
semimanufactured goods, and for the latter to fluctuate
more than prices of manufactured goods. The fact
should be stressed, moreover, that the price advance
which has occurred is one that is not unexpected, given
partially unutilized resources at the outset, tending to
limit price increases, but given also such factors as a
tremendous increase in the demand for goods, an urgent
need for quick delivery, and a marked shift in the
character of goods demanded. Cessation or delay of
export and import trade has tended to depress some
prices or limit their advance, while contributing to the
rise of other prices.
To this list of conditioning circumstances must also
be added a wide recognition of the need for maintaining
70
as stable a price structure as possible. The Price
Stabilization Division of the National Defense Advisory Commission, which is charged with the task of
60
preventing unnecessary or unjustified price increases,
1937
1938
1939
1940
1941
has had some success in this direction. In instances
Figure 8.—Weekly Indexes of Wholesale Prices, J a n u a r y 2, 1937-March
where the demand is obviously greater than the supply
22, 1941 (U. S. Department of Labor).
likely to be available in the near term, attempts have
The Character of the Price Rise to Date.
been made to control the price while the basic shortage
of supply is being corrected. However, the activities
The net movement of commodity prices since the war
broke out in September 1939 has not been that of a of the Price Stabilization Division have been largely
roughly proportionate rise in all prices, but rather a confined to the situations that have been most acute,
lifting of those sensitive prices which in the 2-year and the net result of all the influences at work has been
period immediately preceding the outbreak of war had a tendency toward at least a slight strengthening of
been depressed most. Since many quoted prices fell prices over a wide area of the economy.
relatively little or not at all in this period, and have Basic Commodity Prices.
changed but slightly since August 1939, the tendency
The familiarly sensitive prices of leading basic comof the price increases since the latter date has been to modities have experienced the most substantial rise for
reduce the dispersion of prices that resulted from their any diverse group. Over the 7 months from August
relative movements after the middle of 1937. This 19 to the end of March the Bureau of Labor Statistics'
tendency is reflected in a somewhat greater relative basic commodity price index scored a net increase of 28
rise in prices of raw materials than in those of manu- percent. (See fig. 10.) Although the import comfactured goods, as evidenced in figure 8, both for the ponent of this index rose more than the domestic, with
net movement since August 1939 and for the period of almost half its advance of 37 percent occurring after
sustained increase since August 1940. Figure 9, in the middle of February, the domestic items in the index
which arc shown the net changes in the prices of repre- rose about 22 percent on the average.
sentative individual commodities between selected
The fact that all import prices in the index were
weeks in 1937 and 1939, and 1939 and 1941, provides significantly and in most cases substantially higher in
an even better indication of this tendency. For ex- the latter part of March than in mid-August of last
ample, this figure shows that the price of No. 3 yellow year suggests the importance of such general factors as
corn dropped about 68 percent from the week of May 8, increased consumption, forward buying and higher
1937, to the week of August 19, 1939. From the latter shipping rates. As shown in an article on page 13 of
increase since August 1940 been at an exceptionally
rapid rate except for particular prices or groups of
prices, especially imported raw materials and certain
finished items in heavy demand by the Army and Navy.
It should, none the less, be stressed that the over-all
tendency is an upward movement, and that price increases are appearing more and more frequently.
Quoted prices fail to reflect the full extent of these
increases, not only because of the elimination of various
price concessions but also because of premium payments
for quick delivery. The extent of these practices is not
known, but they are probably common in cases where
operations would have to be stopped or seriously curtailed if supplies of an essential item were not obtained.
302601—41
2
10
SURVEY OF CURRENT BUSINESS
this issue, the shipping situation has become increasingly tight, with a number of increases in cargo rates
and further increases expected after April 1. Tor example, the rate on freight space from the north side of
Cuba for April shipment of raw sugar moved up from
40 to 45 and in some cases 50 cents per 100 pounds
during the latter part of March, compared with 25 to
30 cents earlier this year. Despite a quota increase of
about 3% percent announced on March 19, both raw
and refined prices held in the next few days and advanced subsequently. The rise in freight rate alone
does not account for the full extent of the increase in
raw or refined sugar prices, but the upward trend in
transportation charges, as well as fear of interrupted
shipments, has led to heavy forward buying by refiners
and large consuming interests, and this in turn has
exerted pressure on prices. Similar conditions have
operated in the markets for other import commodities.
Among the domestic items included in the Bureau
of Labor Statistics7 index of basic commodity prices,
cotton print cloth scored one of the largest relative
increases, and domestic nonferrous metals and some
steel scrap quotations were up by 10 percent or more
over last August. Agricultural prices have advanced
substantially, the daily index being nearly 20 percent
higher at the end of March than in mid-August. Wheat
at Kansas City rose over 30 percent from mid-August
to mid-November, but declined in January. On the
April 1941
other hand, livestock prices advanced sharply in
December and January, especially with a decline of hog
marketings in the latter month. Prices of all leading
agricultural commodities moved up again during March
under the influence of a number of factors. Raw
cotton prices reflected the new record levels of mill
consumption of raw cotton, while wheat prices advanced with announcement of an 8-percent decline (as
compared with last year) in spring wheat acreage
intended for planting, proposed reductions in next
season's winter wheat acreage, and expectations of an
increased loan on this season's crop. Cotton also
advanced further on news of proposals for a higher
loan, and cottonseed oil prices late in March were at
their highest levels in several years. For many commodities, including foodstuffs, passage of the Lease-Lend
Act stimulated the prospects for foreign sales as well
as the outlook for domestic consumption.
Except for some increase in lead, prices of the basic
domestic nonferrous metals refined from new ore have
been unchanged since the end of September. The
problem of nonferrous metal prices has centered around
the secondary markets—scrap materials and refined
output from scrap. For months the demand for all
these metals has been such that primary producers have
been unable to supply buyers with all they would take
at the stable prices that have been maintained, hence
buying pressure has been transferred to the secondary
PERCENTAGE CHANGE
+ 20
PERCENTAGE
CHANGE
W00D
+ 8 0
PULP
. KRAFT NO. I, i/uM.
SULFURIC ACID, 6 6 °
- +60
• O ' - PLATE GLASS
-PORTLAND CEMENT
BYPRODUCT COKE
STEEL RAILS
"
YELLOW PINE, NO. 2 COMMON
TURPENTINE
WOOL, DOMESTIC, TERRITORY
'""
. . . PIG IRON
..
'•'•'•
DOUGLAS FIR, NO. I COMMON
STEEL SCRAP
CORN, NO. 3 YELLOW
-BONEBLACK
-YELLOW PINE, NO. 2 COMMON
'40
" 2 0 CREAMERY BUTTER
- - - " . COPPER, ELECTROLYTIC
.--''. STEEL SCRAP
' - - . . - TOLUENE
--".-TURPENTINE
- ' " ..HIDES, COW, LIGHT NATIVE
• " ; . - WOOL, DOMESTIC, TERRITORY
• : " - ' - - COTTON, MIDDLING
•--.. /STEERS, GOOD TO CHOICE
'•- IARMY DUCK, 8-TO 1 5 - O Z .
-PRINT CLOTH, 3 8 ^ IN., 64
_4 0
ARMY DUCK, 8 ' T O 15-OZ.
...PRINT CLOTH, 3 8 ^ IN., 6 4 x 6 0
DOUGLAS FIR, NO. I COMMON
HIDES, COW, LIGHT NATIVE
WOOD PULP, KRAFT NO. I, DOI
+20
----"
BONEBLACK
-COTTON, MIDDLING
(PIG IRON
ICOPPER, ELECTROLYTIC
'-BYPRODUCT COKE
•• WHEAT, NO 2 HARD
(
-60
= o
STEEL RAILS
STRUCTURAL STEEL
PLATE GLASS
SULFURIC ACID, 66°
PORTLAND
CEMENT
- CORN, NO. 3 YELLOW
MAY 8, 1937
-80
AUG. 19, 1939
AUG. 19, 1939
-20
MARCH 15, 1941
D.D.4I>-II4
Figure 9. Percentage Changes in Wholesale Prices of Selected Commodities, May 8, 1937-August 19, 1939, and August 19, 1939-March 15, 1941.
NOTE.—Computed from data compiled by the U. S. Department of Labor.
April 1941
SURVEY OF CURRENT BUSINESS
markets with resulting price increases and speculative
holding of supplies. The size of these markets—that
is, the large number of sellers of scrap metal-—renders
the problem of controlling speculation difficult. Conditions during the first quarter of this year were such
that not only the prices of metal refined from scrap
but, in some instances, the prices of scrap itself (mainly
the better grades) were above the refined prices of
primary producers. A series of warnings by the Price
Stabilization Division of the Defense Commission to
scrap-metal dealers was followed on March 23 by an
AUGUST 1939= 100
140
130
11
metals the picture is therefore one of substantial and
sustained advance over a period of more than 7 months.
Not only the fact that the index of basic commodity
prices has surpassed the peak reached in September
1939, but also the fact that the recent movement has
persisted for so long a time (in contrast with the sudden
rise when war broke out), is significant to the outlook
for commodity prices generally. Although industrial
purchasers of basic materials may in many instances
still have on hand supplies purchased prior to the
current advance in sensitive prices, prices of processed
and fabricated articles are likely to reflect increasingly
the fact that such supplies can usually be replenished
only at the higher levels now prevailing.
Other Commodity Prices.
As noted above, the prices of goods other than basic
materials have not been immune to the pressures operating in recent months. Prices of semimanufactured
and manufactured goods were 10 percent and 4 percent
higher, respectively, at the end of March than in the
middle of last August, about half each increase having
occurred since the first of this year. Many of these
prices, especially in the semimanufactured group, are
almost as volatile as those of raw commodities, either
because raw materials themselves constitute an important part of total production costs, because the industry
is highly competitive, or for other reasons.
Some of the most important procurement items of
the armed forces have been among the processed or
fabricated commodities whose prices have advanced
most since last August. These include lumber, wool
goods—uniform cloth, blankets, socks, gloves—leather
goods, selected cotton goods. Increases in individual
120
lumber prices ranged up to 50 percent in such cases as
that of Southern Pine, yellow, No. 2 common boards,
110
quotations on which averaged $21.86 per thousand
board feet in July and $33.01 in November, dropping
to $31.77, however, at the end of March. In many
100
cases, particularly on the No. 3 grade, the prices actually
paid in the peak buying period included substantial
90
premiums over the quoted price. Despite recent de1941
1940
1939
D.D. 41-108
clines in prices of low-grade construction lumber the
Figure 10.—Indexes of Daily Spot Market Prices, August 31, 1939-March
27, 1941 (U. S. Department of Labor).
Bureau of Labor Statistics' index of lumber prices
NOTE.--Daily figures August 1939=100. Data plotted are for Thursday each week,
dropped only 2 percent from the end of December to
unless a holiday falls on this day, in which case Wednesday prices are plotted.
the end of March, owing to recent increases for many
order setting maximum prices for scrap aluminum and items that did not share the rise last fall. Thus the
secondary aluminum ingots, and on March 31 by a f. o. b. mill value of Southern hardwoods, No. 2 comsimilar order covering the secondary zinc markets. mon and better, rose from $33.28 per thousand board
Both orders allowed a brief period for deliveries of feet in November to $35.48 in February.
secondary metal at prices higher than those stipulated
Early in August the price paid for 452,000 pairs of
in the new schedules, provided such deliveries were Army service shoes purchased from one company was
under the terms of contracts entered into prior to the $2.48 per pair, which was within a few cents of the
date of the Defense Commission order, and provided lowest bids on announced requirements up to that point
such deliveries were made or accepted to enable the in 1940. Later that month orders were placed for
seller to avoid loss.
1,000,000 pairs at an average price of $2.49. Further
With respect to basic commodity prices other than purchase of 2,397,000 pairs was made in October on a
those of primary producers of domestic nonferrous negotiated contract basis with an average price of $2.83,
12
SURVEY OF CURRENT BUSINESS
and, in December, orders for 1,840,000 pairs, based on
competitive bidding, brought an average price of $3.32—
an increase of 34 percent over the price paid at the beginning of August.
Total Army service-shoe purchasing of more than
7,000,000 pairs since last May (including 1,827,000
pairs purchased in February) comprised less than 2
percent of total shoe production in 1940 and only about
7 percent of the production of men's work and dress
shoes. Factors in the price rise from July to December
included advancing hide prices and some temporary
scarcity of tanned leather of a grade that would meet
Army specifications. With increased hide imports
beginning late last year, and with reduced exports of
sole leather in January, hide prices dropped. Nevertheless, about $3.31 per pair was paid for service shoes
in February, or roughly only 1 cent less per pair than
in December. Civilian-shoe prices have recently shown
strengthening tendencies, whereas cost increases last
fall were offset to some extent in quality changes with
little change in price.
Raw-wool, wool-tops, and finished wool-cloth prices
have all advanced considerably since June of last year,
when the program of heavy Army buying began.
Domestic raw-wool prices rose about 20 percent last
fall and have weakened only slightly since November
when permission for manufacturers to use some foreign
wools in meeting procurement orders was granted.
The rise in prices of wool tops was more spectacular
(about 35 percent from early June to late October, with
further advances in the first 2 months of this year),
owing to limited wool-combing capacity. Prices on
fall lines of woolen goods were advanced sharply early
this year, and there is some evidence that less than half
these increases could be explained on the basis of higher
raw-wool prices. Moreover, average hourly earnings in
the woolen and worsted industry rose but 2 percent
between August and January. Advancing cloth prices
and wage increases now going into effect among both
fabric and apparel companies will contribute to indicated retail-price increases of $1.50 to $5 on men's
fall suits.
The rise of 23 percent in prices of all types of cotton
goods since last August has already been noted. According to the U. S. Department of Agriculture, the
average margin between the wholesale prices of 17 cloth
constructions and the cost of cotton used (with an
allowance for waste in manufacture and noncotton con-
April 1941
tent of the cloth) rose 40 percent between August
last and February of this year. During the same period
the rate of cotton consumption increased 33 percent,
and average hourly earnings rose only 2 percent. For
most cotton-textile constructions, in contrast with the
situation in wool, the volume of Government buying
did not contribute greatly to the rise of prices.
In many cases the quick-delivery periods specified
on Government orders, rather than cost increases,
were said to be responsible for the upswing in prices.
In view of the fact that substantial quantities of goods
necessary in the initial stages of the military training
program have already been obtained, and in view also
of increased coordination of procurement, some price
reduction in this area might logically be expected.
Despite the justification for declines in some prices,
however, the rapid acceleration of consumer buying is
not conducive to changes in this direction.
Although the Iron Age composite price of finished
steel is still only 1 percent higher than in August 1939,
effective prices are higher to the extent that discounts
and other concessions available to steel consumers in
slack periods have been removed. Automobile prices
were advanced about 5 percent last fall, but with
minor exceptions have remained unchanged at the new
levels. Prices of concrete building blocks rose about
16 percent from last August to late March. Paint and
paint material prices rose only 4 percent, although
turpentine increased much more sharply. Some chemical prices, notably those of essential oils and botanical
drugs obtained chiefly from Continental Europe, have
continued to advance. Scattered increases in the prices
of other commodities, such as coke and paperboard,
have also occurred.
Despite the number of commodity prices that have
already advanced, there has not been the substantial
rise in practically all prices that would result if the
flow of total expenditures were materially to exceed the
total volume of goods available at current prices. The
present approach to price problems is largely that of
individual rather than general price control. Because
of the tendency for individual price increases to communicate themselves to other prices, and the tendency
for price; increases to stimulate demands for wage
increases, successful control of individual prices obviously contributes to the avoidance of conditions under
which general price control might become necessary.
13
SURVEY OF CURRENT BUSINESS
April 1941
The American Shipping Situation
By Warren Wilhelm, Division of Business Review ^
difficulty
IMPORTERS have experienced growing space for
during recent weeks in obtaining shipping
movement of goods into the United States. Agencies
in Washington responsible for stockpiling of strategic
and critical materials have had some trouble in promptly
moving chrome, rubber, tungsten, copper, and other
materials, while industrial consumers of wool, rubber,
hides, sugar, and many other commodities have experienced similar concern. As yet these difficulties have
not been serious in the sense that shipments have been
completely interrupted; nevertheless, all the cargo
space required has not been available.
MILLIONS OF DOLLARS
250
EXPORTS TO
NON-EUROPEAN AREAS
m. A
200
150
• j f ^ ^ * ^ * ^
IMPORTS FROM
*y
NON-EUROPEAN AREAS
100
50
0
i
~ ""1"
~
1 '1 i M
I ! ! i I
1939
M i l l
M i l l
1940
i
i
i
i
i
!
i
i
i
i
i
1941
Consider the demand first. Imports into the United
States are currently in the heaviest volume since early
1937. Moreover, a significant shift has occurred in
the source and nature of our import trade. Today
the Mediterranean region and most of the continent
of Europe are closed to the United States and imports from the United Kingdom have declined, amounting to only $33,900,000, or about 5 percent of the
total, in the final quarter of 1940. Since the middle
of 1939, the flow of goods from non-European areas has
grown more than 50 percent, a fact shown, clearly in.
figure 1. Exports to these areas have also expanded..
but to a lesser degree, being smaller than imports in
recent months. Finally, of considerable significance
has been the change which has occurred in the make-up
of our aggregate import total. In general, the proportion of total imports represented by the inward
flow of bulky crude materials has increased, while
that of finished goods has declined. Expansion of
industrial activity and the stockpiling of strategic
materials by the Government are currently bringing
heavier supplies of crude materials into the country
than at any other time since the twenties. These
products generally require more shipping space than
finished goods.
Figure 11.—Total Exports to and General Imports From Non-European
Areas, 1939-41 (U- S. Department of Commerce).
Some indication that the increase in the demand for
shipping facilities has exceeded expansion of the supply,
is offered by an advance since the war in both timecharter and cargo freight rates. During August 1939,
vessels could be chartered in areas outside of what now
is the war zone for a monthly rate of $1 to $1.75 per
ton. Today shipowners are obtaining as high as $7
and $8.25 a ton and the Maritime Commission is moving to stabilize rates. Cargo freight rates have also
risen substantially, as showrn in table 1, even though
some of this rise is associated wTith increased costs.
For example, fuel costs in general have advanced; war
risk insurance is being carried on almost all vessels
operating in other than coastal and nearby foreign
waters; and payment of war risk bonuses has been added
to higher wage rates for labor. Regardless of these
increased costs, however, the expanding demand for
shipping space furnished the major impetus for the
rising level of freight rates.
Table 1.—Employment of American Steam and Motor Merchant Vessels of 1,000 Gross Tons and Over in the Quarters
Ended June 30, 1939 and Dec. 31, 1940 l
[In gross tons]
Service
Increase or
decrease
in gross
! June 30, 1939 ! Dec. 31, 1940 tonnage,
Dec. 31, 1940,
from June
30, 1939
Laid-up vessels, total
Government ownership
Private ownership
1, 735, 561
770, 188
965, 373
Active in trade, total
Foreign trade, total
Europe
Orient, Far East, and India ___
Australasia
Africa
South America
Nearby foreign 3
Foreign trading foreign *
Around the world
Coastwise trade, total
Intcrcoastal
Other than intercoastal
6, 392, 212
2, 094, 212
704, 649
213, 181
64,554 I
81. 747
319, 515
532, 562
75, 880
102, 124
4, 298, 000
1, 022, 152
3, 275, 848
Special service 5
Government service 6_
Merchant fleet, grand total_
721, 185
371, 523
349, 662
-1,014,376
-398,665
-615,711
6, 505, 808
2, 434, 408
2 60, 135
732, 027
93, 564
247, 461
484, 624
631, 916
12, 148
172, 533
4,071,400
745, 266
3, 326,134
+113,596
+340, 196
-644, 514
+518, 846
+29,010
+165, 714
+165, 109
+99, 354
- 6 3 , 732
+70, 409
-226,600
-276,886
+50, 286
7, 117
52, 203
8, 134, 890
7, 279, 196
-855,694
Growth of Imports and Change in Shipping Supply.
The increasingly tight position of shipping has been
the result of both demand and supply developments.
1
Assistance in the preparation of this article was received from Albert E. Sanderson,
Transportation Division of the Bureau of Foreign and Domestic Commerce, and from
the United States Maritime Commission.
1
2
3
Does not include lake or river tonnage.
Portugal and Spain only.
Includes Canada, Mexico, Central America, West Indies, and North Coast of
South America to and including the Guianas.
4
Ships engaged in operations in foreign ports.
5
In custody of U. S. Coast Guard.
6
Loaned to the War Department.
Source: United States Maritime Commission.
14
SURVEY OF CURRENT BUSINESS
For many years the American Merchant Marine has
been inadequate to handle our import needs. Following
the World War, other nations built up the size and
efficiency of their merchant fleets, but American shipbuilding languished. The proportion of our total commerce carried in American-flag vessels dropped steadily
from 51 percent in 1921, to 41 percent in 1927, 35 percent in 1932, and to a low of 23 percent in 1939. However, in 1940 this trend was reversed, as explained
below.
MILLIONS OF GROSS TONS
IOI
1938
Figure 12.-—American-Owned (Government and Private) Steam and Motor
Merchant Vessels of 1,000 Gross Tons and Over Engaged in or Assigned
to Ocean Trade In the Quarters Ended December 31, 1938-December 31,
1940 (U. S. Maritime Commission).
NOTE.—Data do not include lake or river tonnage. Vessels operating in two or
more trade services are assigned to the service in which the largest portion of operaiore
tne
wnicn me
oi operation was performed during the three-month period. "Nearby foreign" includes
on
anada, Mexico, Central America, West Indies, and north coast South America
Cai
and including the
toi and including ._.. Guianas. ''Miscellaneous services" includes around the
world, foreign trading foreign (ships engaged in operations between foreign ports),
special service (in custody of U. S. Coast Guard), and Government service
(loaned to War Department).
The shift in employment of American vessels since
the middle of 1939 is shown in both figure 12 and
table 1. The spread of war forced about 650,000 gross
tons of American shipping—10 percent of the total
active fleet—from European routes by the end of 1940.
As our imports increased, ship lanes to the Orient, Far
East, Africa, Australia, South America, and nearby
April 1941
foreign countries not only absorbed this tonnage but
attracted most of 275,000 gross tons yielded by intercoastal routes.
While this radical shift in allocation increased the
gross tonnage of American-flag vessels operating on
non-European routes by 71 percent, it by no means
freed the vital import trade over these routes from
dependence on foreign shipping. In 1939 American
ships moved less than one-third of the total goods
from non-European countries into the United States.
The tonnage increase of 71 percent on these routes
by the latter part of 1940 was offset by the 50 percent
expansion in import volume. However, ships on the
average are carrying larger cargoes today than in the
pre-war period, much excess space then existing having
been eliminated by the increased demand. On the
other band, the number of trips made by the average
American vessel operating on non-European routes
declined at least 15 percent, comparing the average for
all vessels in 1940 with the average for 1939. This trend
was largely due to the closing of the Suez Canal to
American ships, forcing them to bring cargoes from
South Asiatic ports over much longer routes.
On the basis of these facts, less than one-half of the
total volume of imports appears to have been brought
from non-European areas into this country by American
vessels during the final quarter of 1940. This was a
considerable increase from the 31 percent carried by
American vessels in 1939. The share of American
vessels carrying freight from South American and
nearby foreign countries was much larger than in the
Asiatic and African trade.
Evidence is not yet publicly available to show
directly how the remaining shipping was divided among
oilier nationalities in 1940. In 1939 vessels aggregating
about 29,041,000 gross tons entered United States ports
with cargoes from non-European areas (excluding the
Great Lakes). In addition to American ships, over onefourth of this tonnage was British and 12 percent Norwegian, while Japan and Panama contributed over 5
percent each, and Denmark and Holland together furnished another 5 percent. French, German, and Italian
tonnage was all very small. British tonnage was especially heavy on routes to this country from other
North American ports, Asia, and Africa, while Norwegian ships were most active in the South American, other
North American, and Asiatic trade. Though the Ministry of Shipping of the United Kingdom has withdrawn
a large number of British and Allied vessels from trade
between the United States and non-European countries,
it seems clear that a considerable amount of such
tonnage must still be operating in these areas.
As a result of the spread of active warfare and an
expansion in the movement of supplies from the United
States under the lease-lend program, the British
demand for shipping is increasing. On the other hand.
15
SURVEY OF CURRENT BUSINESS
April 11)41
it is well known that losses by enemy action are exceeding" new construction. Hence the United Kingdom
will undoubtedly withdraw further tonnage operating
between the United States and non-European countries.
At the same time the United States need is becoming
greater as the flow of strategic and critical materials
into the country grows and construction activity upon
many new naval bases in the Atlantic and Pacific
proceeds.
United States Reserve Tonnage About Exhausted.
To meet its expanding demand for bottoms, the
United States today has no appreciable reserve of laidup tonnage, a sharp contrast to the pre-war situation
when 1,700,000 tons were idle. In the intervening
period, 1,500,000 tons have been transferred to foreign
registry, more than half going to the United Kingdom
or its Allies, and the remainder to neutral flags, particularly the Panamanian. In addition, the United
States Army and Navy have acquired more than 50
vessels for auxiliary use.2 Despite new construction
of more than 600,000 tons, such shifts as these reduced
the total American flag Merchant Fleet (active and
inactive) by 856,000 tons from June 30, 1939 to December 31, 1940.
However, some further tonnage remains idle. This
consists of the 560,000 gross tons of Danish, German,
Italian, and French vessels now tied up in American
ports, of which some 303,000 gross tons of Danish,
German, and Italian shipping were recently placed in
protective custody by the Federal Government. In
addition, a few vessels may also be obtained from the
coastwise trade. Though ships in this service are
carrying larger cargoes now than before the war, as
indicated by a reduction in the number of vessels
operating in the face of a rising freight volume, some
further improvement is believed possible. Of course,
this would throw a heavier burden upon the rail system,
which already is experiencing a substantial expansion
of demand.
2 Table 2 shows 721,000 tons in lay-up on December 31,1940. Since that time a large
proportion of this has been returned to active service. Only a few Governmentowned vessels are now laid up and much of the remaining idle private tonnage has
been put in service.
It should also be remembered that a sizable portion
of the British losses to date has been offset by the acquisition of enemy, Allied, and neutral tonnage.
Since September 1939, it is estimated that the British
have chartered, seized, bought, leased, or in other ways
acquired between 7 and 9 million tons; so their total
supply of shipping is probably larger today than the
20,000,000 tons at the beginning of the war. At the
same time, of course, a considerable amount of tonnage
is engaged in auxiliary naval service, and the efficiency
of shipping has been reduced by longer routes, increased
time required for assembling in convoy, loading delays
occasioned by bombing and blackouts, and heavy repair
and overhauling of attacked ships.
Deliveries This Year Probably Less Than 1,000,000 Tons.
With an already tight position developing in American shipping and a sizeable destruction of British
tonnage occurring monthly, the need for an extraordinary amount of new construction is clear. The
vessels delivered in 1939 and 1940 by American yards
aggegated 241,000 and 447,000 gross tons, respectively,
large amounts as compared with pre-war standards but
inadequate in the present emergency. American yards
had had under construction or had contracted for a
total of about 3,400,000 gross tons as of April 1, while
plans for the building of facilities to construct approximately 1,600,000 additional tons were announced on
April 4. However, total deliveries this year will
probably be less than 1,000,000 gross tons.
The current shipbuilding program, including only
that for which contracts have already been let, falls
into four parts: the Maritime Commission's regular
program of 923,645 gross tons; construction for private
account of 513,850 tons; the emergency program of
the Maritime Commission under which 200 vessels
aggregating 1,500,000 gross tons are to be built; and
the British emergency program calling for construction
in this country of 60 vessels totaling 450,000 tons.
The first two programs are well under way, with 555,000 and 248,000 tons scheduled to be delivered to the
Maritime Commission and private owners respectively
during this year.
Table 2.—Ocean Freight Rates
! July 1939
Rubber
Coffee (green)
General cargo
Machinery and parts.
Lumber
Steel bars
Straits Settlements..
Santos
New York
New York
PortlandBaltimore
New York,
New Y o r k .
Kobe
Kobe
New York,
San Francisco.
50 cu. ft. (in cases or bales)
60-kilo bags
2,000 lbs. or 40 cu. ft
2,000 lbs. or 40 cu. ft
1,000 net bd. ft
100 lbs
$15. 00
.60
25. 00
15. 00
14. 00 !
.45
February
1940
$18. 00
.70
30. 00
18.00
15. 00
.45
Source: Compiled by the Transportation Division, Bureau of Foreign and Domestic Commerce, from data reported by steamship companie:
February
1941
$21. 00
.90
33. 00
19. 75
16. 00
. 50
Percent
increase
Feb. 1941
from July
1939
40.0
50.0
32.0
31.7
14.3
11. 1
16
SURVEY OF CURRENT BUSINESS
Timing of deliveries under the emergency program,
however, is less certain. These ships are of simple
design, planned for rapid construction rather than for
most efficient peace-time performance. The vessels
will be powered with reciprocating engines, as capacity
for building Diesels and turbines is largely absorbed for
other purposes. The American vessels are to be built
on 51 ship ways being constructed in 7 new shipyards,
each yard under the supervision of an established firm.
For the 60 British vessels, 16 new ways are being built
in 2 yards.
The original schedule for 200 American ships looked
to the first keels being laid in March, with launchings
5 months later, followed by deliveries in another 2
months. Once production is in full swing and experience has been gained, the 7-month period from keel to
delivery should be cut to under 5 months. Approximately the same timing from keel-laying to delivery
is foreseen for the British ships. Inauguration of the
program in each case has been slower than anticipated;
so deliveries will probably begin with about 90,000 tons
of British and only 7,500 tons of American ships during
the fourth quarter. Table 3 tentatively summarizes
the deliveries of all merchant vessels expected in each
quarter through 1942 on the basis of construction and
contracts existing on March 25.
Table 3.—Estimated Deliveries of New Ocean Going Merchant
Shipping Tonnage in the United States During 1941 and
1942, Under Programs Existing as of March 25, 1941
Year and quarter
1941:
January-March
April-June .
July-September
October-December
Regular
Maritime
Commission
program
For
private
account
American
emergency
program l
96,158
147, 683
153, 974
156, 806
53, 100
77, 900
72,100
44, 700
7, 500
90,000
554, 621
247, 800
7,500
90,000
Emergency i
program for!
British
Total
I
Total
1942:
January-March
April-June
July-September
October-December._
Total
114, 245
125, 169
59, 730
69, 880
75, 050
51, 900
47, 200
91,900
330,000
270,000
300,000
315,000
369. 024
266,050
1, 215,000
360,000
2,210.C74
Grand total, 1941-42
923,645
513, 850
1, 222, 500
450, 000
3. 109, 995
899,921
90,000
90,000 L
90,000 !
90,000 I
1
37 vessels aggregating 277,500 gross tons of this program will be delivered in the
first quarter of 1943.
On April 4 a very large addition to this program was
announced. This is to include 212 vessels, 100 similar
to those of the regular Maritime Commission program
and 112 of the new "emergency" type. For construction of these vessels 56 new shipways are to be built,
approximately half being added to the emergency
shipyards and the remainder to regular yards. Deliveries under this new program arc expected to start in
the first part of 1942. While no information on the
April 1941
rate of deliveries is yet available, it does not appear
likely that the entire 212 vessels, which wrill aggregate
about 1,600,000 gross tons, will be delivered in that
year. But the program wall undoubtedly add well
over 1,000,000 gross tons to the present schedule for
1942, with the balance of deliveries being made early
m 1943.
To the American construction must be added that
of Great Britain. Though no exact knowledge is available concerning present British capacity nor the proportion devoted to merchant construction, it is thought
that deliveries of merchant tonnage in 1941 will not
exceed materially those of this country.
Tight Position Through 1941.
The above estimates, even though rough, show that
construction this year can hardly prevent a growing
tightness of shipping facilities. Whether or not the
situation will be eased when the substantial deliveries
expected in 1942 are made depends upon a number
of factors which at this time are unpredictable. Meanwhile, expansion of merchant shipbuilding is enormously complicated by the huge quantity of Naval
construction under way in both Britain and the United
States. In this country 446 ocean-going naval vessels
of more than 2,500,000 tons with a total cost of about
$7 billion are under contract, as well as 312 patrol craft,
tugs, and the like; 166 harbor and district craft; and
1,404 small boats. No program approaching this
magnitude has ever been undertaken in this country
before, construction scheduled in the peak year under
existing contracts being almost as great as the total
built in the 6 years from 1915 through 1921.
As new vessels cannot be turned out in sufficient
volume to provide adequate tonnage for all demands,
an increasing control over the available supply is
probable. The Maritime Commission has already
moved in this direction with the establishment of an
Emergency Division. Shipowners and operators have
been asked to submit for Commission approval any
changes they wish to make in rates, chartering arrangements, and routes of operations. A voluntary
system of priorities by which vital cargoes are given
preference over others has also been set up, so that the
Commission, with the aid of the owners, can in effect
allocate tonnage as it deems necessary.
These controls over shipping, the most extensive
ever exercised by the Commission, are aimed at
"maximum use of tonnage.'7 They are the outgrowth
of a difficulty which has serious potentialities, and while
they afford some relief, the fundamental problem
remains; for the basic requirement in shipping, as
in many other defense lines, is for larger productive
capacity with a substantial expansion of output.
17
SURVEY OF CURRENT BUSINESS
April 1941
NEW OR REVISED SERIES
Table 14.—EXPORTS BY GRAND DIVISIONS AND COUNTRIES, ECONOMIC CLASSES, AND
COMMODITIES—REVISED STATISTICS FOR 1939 l
Total, including reexports
thous. of d o l . .
B y grand divisions and countries:
Africa
do
Asia and Oceania
„
do
Japan
.
do
Europe
...do
F ranee
do
Germany
do
Italy
do
United Kingdom
do
N o r t h America, northern
do
Canada
do
North America, southern___
do
Mexico
do
South America
do
Argentina
„
do—_ _
Brazil
do._._
Chile
do
U. S. merchandise, b y economic classes:
Total
do_.__
Crude materials
do
Cotton, unmanufactured
do
Foodstuffs, total
do
Crude foodstuffs
do
Mfd. foodstuffs and beverages
do
Fruits and preparations
do
Meats and fats
do
Wheat and flour
do
Semimanufactures
do
Finished manufactures
do
Autos and parts
...do
Gasoline
do
Machinery
.. . ...
do
B y individual commodities:
Airplanes
number. _
Automobiles assembled, total
do
Passenger cars
do
Trucks
do
Boots, shoes, and slippers..,.thous. of pairs..
Cisrarettes
___ thousands
Coal:
Anthracite
thous. of long t o n s . .
Bituminous
_
do
Coke
do....
Copper, refined and manufactures
short tons...
Cotton (excluding linters)
bales._
Cotton cloth
thous. of sq. yd_.
Cottonseed cake and meal
short tons...
Fertilizers, total
.
long t o n s . .
Nitrogenous
.
". do
Phosphate materials
do
Prepared fertilizers
. . . .__
do
Gold
thous. of d o L .
Grains, incl. flour and m e a l . . . t h o u s . of bu._
Barley, including malt
do
Corn, including meal
do
Oats, including oatmeal
do
Rye, including
flour
do
Wheat, including
flour
do
Wheat only
_
do
Wheat
flour
thous. of bbl_.
Kerosene
thous. of b b L .
Leather, sole
thous. of lb
Leather, upper
thous. of sq. ft..
Linseed cake and meal..
thous. of lb_.
Locomotives, railway, total
number..
Electric
do
Steam
do
Lumber:
Total sawmill products
M bd. ft..
Sawed timber
do
Boards, planks, scantlings, etc. .do
Douglas fir, total sawmill products.do
Sawed timber
do
Boards, planks, scantlings, etc..do
Southern pine, total sawmill products
do
Sawed timber
do
Boards, planks, scantlings, etc..do
Meats, total
1 thous. of lb__
Beef and veal
do . . .
Pork, including lard
do
Lard
do
Methanol, refined
_._ _ gallons
Milk:
Condensed (sweetened)
thous. of l b . .
Evaporated (unsweetened)
do
Powdered
do
Motor fuel—.
thous. of b b l . .
Rice
.
pockets (100 lb.) —
Silver
thous. of d o L .
Sugar, refined
long tons_Tires and tubes:
Pneumatic casings
thousands..
Inner tubes
do
Tobacco, unmanufactured, incl. stems and
scrap
thous. of lb._
Vegetable oils, total
do
Wood pulp, total, all grades
short t o n s . .
302601—41
http://fraser.stlouisfed.org/ 3
Federal Reserve Bank of St. Louis
Sep- Octo- Notember ber vember
July
Item
1
December
Total
Monthly
average
250,102 288, 956
331. 978 292, 453 368, 046 3,177,176
264, 765
8,379
8,959
43, 360 51, 392
20, 072
12,126
113,315 120, 825
22, 302 11,926
6,178
347
4,834
3,027
47, 090 60, 212
43, 061 53. 066
42, 230 52, 058
29, 312
20,120
5,782
4,606
21, 868 25, 401
4, 675
4,942
5,135
5,997
1, 818
2,020
8,873 11, 378
115,023
10, 385
641, 077
62, 880 58, 617 78,135
232,184
23, 519 25, 243 27. 563
132, 090 105, 347 157, 74' 1, 289, 753
182, 089
12, 680 13, 239 36, 645
3
46, 475
39
1
8,623
6,301
6.029
50, 701
52, 696 31, 488
505, 404
44, 219
60, 852 51, 292
498,170
43, 620
59, 720 50, 441
489,103
32,928
29, 507 32, 313
304, 026
8,579
8,700
9, 926
83,177
32, 843 38,81
44, 254
329,127
6, 989
70, 945
9,718 10, 792
8,497
80, 345
10, 608 10, 499
2,667
3,625
26, 791
3, 910
9,585
53,423
19, 349
107, 479
15,174
3,873
4, 905
42,117
41, 514
40, 759
25, 336
6, 931
27, 427
5, 912
6, 695
2,233
246,119 233, 465 226, 740 247, 412 284, 392 323, 077 286, 761 357, 307 3,123, 343
527, 686
64, 264
30, 259 25, 713 29, 667 36, 258 66, 619 78, 359 58, 318
242, 965
6, 157
5,970
30, 563 43, 741
11, 634 35, 401 47,192
7, 458
313,209
24, 272
26, 927 19, 522 19, 728 24, 326 28, 789 37, 760 22, 651
110, 75'
7,481
10,213
8,380
4, 687
5,386
7,
6, 026
10, 808
202, 453
16, 119 13, 496 15,041 15, 946 21, 309 27, 547 17, 265 16, 488
80, 922
7,199
4, 423
4,099
5,738
9,014
13, 777
3, 524
5,844
54, 768
4,036
5,221
5,133
4, Oi
4,434
4,876
4, 851 4,997
3,846
1,978
3,078
4, 270
3, 604
61, 390
5, 461
7, 601 4, 079
615, 465
64, 534 63, 173 75. 525
48. 566 45. 991 53. 376 59,015
48, 245
.39, 664 131,353 133, 452 129, 969 142, 423 142, 619 193,246 1, 666, 982
140,
253, 722
23, 753 20, 387 18. 520 14, 893 12, 457 18, 900 19, 870 24, 826
101,336
9, 256
9, 453
9, 638
9, 728
7, 628
7, 524
8,748
10, 338
502, 081
43. 656 43, 623 40, 143 42, 257 38, 583 48, 100
44, 398 42, 191
260, 279
43, 974
20, 247
26,101
9,230
16,871
6,743
4, 564
5,116
51, 289
138, 915
21,144
8, 445
41, 840
294
62
1,220
43
18,140 19, 676 22, 688
254, 305
11,885
9, 461 10, 678
139, 343
8, 679
8,998
10, 803
114,962
426
161
169
2, 597
433, 967 422, 516 607, 719 6, 760, 639
102
21,192
11,612
9,580
216
563, 387
8,523
46, 388
17, 494
95, 590
10, 653
9, 996
50, 001
14, 800
85, 831
10, 818
5,299
4,270
36, 066
40, 408
39, 829
23, 358
7,922
26, 570
6,113
5,193
2, 651
5,487
4, 079
38, 561
26, 296
25, 801
20, 444
5, 919
21, 474
4, 067
5, 120
1,480
216,191 263, 995 227, 624
36, 486 39, 337 26.016
9,185
13,732 16, 958
26, 553 27, 960 23, 621
9,810
11,402 12, 287
15,151 15, 673 13,811
7,017
6, 656
6,404
4,724
3,698
4,145
7,403
6, 406
5,459
34, 901 45, 694 41,033
118, 252 151, 004 136, 953
25, 297 28, 502 24, 921
8, 378
6, 813
6, 383
34, 616 49. 393 43, 904
78
27, 349
16,193
11,156
195
623.889
104
63
66
138
106
117
7,834
27, 087 25, 220 21. 531 19,183
11,592
3, 985
4, 493
16, 213 14, 430 10, 521
8, 375
3, 3<i 1
10, 874 10, 790 11,010
10. 808
7, 607
223
204
234
205
176
184
424, 857 592. 851 503, 218 691, 696 641. 931 714, 576
130
1, 209
66
71,020
83
81
20.465
493
7,248
104
0
12, 619
10,219
23 807 27, 364 28, 162
263, 922 330, 070 178. 225
27, 618 33,135 29, 726
506
189
389
85,095 121.378 136, 328
5. 365
15, 645
6, 674
66, 732 95, 723 123, 270
343
340
476
231
15
53
15. 521 15, 435 11,418
124
724
436
1, 663
2,721
3. 798
130
114
112
9. 518
5, 924
765
691
46
3, 585
50, 396
l\
o|
14, 489
10, 672
812
631
82
3, 816
40. 849
21
71, 500
10. 633
58, 817
24, 554
5, 929
18, 625
71, 850
10, 879
60, 351
25, 972
5,696
20, 276
94,056
21, 766
66, 581
34, 545
14,950
19, 595
83, 976
16, 586
62, 746
29, 486
11,485
18, 001
19, 609
4, 326
15, 283
41, 913
1,105
36,966
28,520
24, 355
18,
4,
13.
36,
25, 314
6, 706
18, 608
38, 518
1,042
24, 740
6. 168
15,903
18,572
30, 2811 42, 352
7H)|
, 036
25, 5911 36, 990
17,5311 25, 303
18,441
496
709
787
785
841
99,
18,
74,
36,
12,
24,
400
1. 525
95
39, 350 35,168
45, 840 35, 696
113.634 106, 531 214, 541 644, 328
26, 982 28, 674 21, 878 30. 023
46
1,318
124
675
136,016 154, 800 141.171 123, 792
8 067 26. 618 27.157
12, 655
105, 934 137,446 106, 607 76, 904
268
447
697
349
19
9
15
13
7, 363
8, 245 10, 830
8, 372
713
206
265
709
1,121
267
608
1, 855
93
101
61
133
(2)
0
7,270
8, 935
5, 675
6, 797
5, 903
2,530
3, 019
3. 929
669
905
610
645
560
753
802
460
54
53
65
47
3.428
4,839
2,908
3, 640
48, 619 44, 589 50,163
40, 600
8
10
21
1
8
5
1
16
0
23, 476
6, 668
16, 808
42, 844
1, 114
37,403
22, 682
30, 028
7, 916
22, 112
47, 951
1, 525
42, 223
25, 339
18,821
5, 529
13, 292
38. 554
1,401
33, 028
22, 848
28,373
26, 806 41, 049
885.182 583,644
40.494 35, 559
1.403
2. 335
112,699 79, 270
18, 974
7, 538
78.4i8 55,009
486
1. 921
10
15
5.709
11,281
153
909
1.266
5, 580
117
162
0
1
4,173
4,629
1,452
1,701
579
623
563
1,089
446
226
4,623
5, 757
14, 529 30, 914
13
9
12
8
1
1
84, 326
5, 928
73, 918
23,416
1,982
21, 434
28,013' 37,502! 44,333
21,
24,502!
2,815!
4,136!
3,994
4,202
4,3141
6,309 s 5, 7481
5, 674 j 5,036! 6,2111
See footnote 1 on p. 18.
17,146
3,673
10,533;
103
65
2,313
10, 349
527
427, 517
62, 505
806, 720 4, 558, 888
356, 736
37, 899
343
7,817
66, 079 1, 390, 240
165.955
13, 803
43, 174 1,073.310
489
6,201
508
11
8,374
139.386
5,74
399
32, 660
5,324
81
1. 269
85
86
2. 485
99,623
597
63, 214
402
7, 747
7, 994
631
1. 378
274
47, 490
4,109
527, 444
52} 765
136
11
89
10
4
1
193
862
44
35, 626
379,907
29, 728
651
U5,S53
13, 830
89, 443
518
42
11,615
479
2,722
106
8.302
5. 268
686
666
115
3, 958
43, 954
11
92, 013
15, 056
72. 452
34, 747
9, 582
25, 165
28, 664 24, 221 23, 332 19, 063
3,659
2, 258
5, 287
4, 017
23, 377 20, 562 21,074
15,046
40,118
31, 266 37, 241 41, 898
2. 042
1, 269
1, 546
1, 531
33,848
25, 700 33, 008 36, 308
24,693
19,091
25,706
18,917
28,337! 263,588 123,995 368,246
276,621
62, 197
214, 424
469, 722
15, 163
406, 815
277,272
1,219,813'
23, 052
5,183
17, 869
39, 144
1,264
33,901
23,106
101,651
2, 269
27, 497
8, 357
42, 353
3,031, 112
14, 630
111,210
189
2, 291
696
3, 529
252, 593
1,219
9, 268
135
92
1, 386
977
115
81
30,457! 31,260
16,022
17,436
20,985 j 18,537
358,489
95,670
139,504
29,874
7,972
11, 625
146
15,940; 33,773| 45,576!
2, 559! 3,865!
7,908!
11,030! 10,946! 16,873^
2
104
614
37
1, 104,157
180, 666
869, 427
416, 960
114,985
301, 975
306!
142|
148
194
276!
364
163
215
1,785!
l,710|
2,508
2, 031
2, 338
1,976!
3,414! 3,715
739
637
798 !
8231
796
6891
6961 1,069
4, 298
3,455
4,146 j 3,433
4,285
3,9011
4,056!
3,291
, j
,
,
2102
1
302,102! 274,8931 283, 341 241,755 220,315 216,072| 381,7651 304,543
303|
040
1,923
2,054 i
611
937
J,292j
1,773
i
5,532
3,641! 14,529
6, 5571
8, 723 3,778!
8,997
18,995
85!
62;
126
1, 715
52
84, 832
17, 063
62,104
38, 971
12, 619
26, 352
114, 784 100, 834
20,256
14. 491
89, 919 82,164
55, 755 34, 260
14, 546
8, 972
41, 209 25, 288
936
819
434
570
193
377
261
1, 746
71
146
108
8,209
24,745
21,6221
Less than 500 bushels.
73, 669
6, 563
60,088
23, 29S
4,114
19,184
145
121
1,876
2, 615
544
573
2,441
2,987
89,926 107,179
487
887
13,469
17, 627
147
126
18
SURVEY OF CURRENT BUSINESS
April 1941
Table 15.—IMPORTS BY GRAND DIVISIONS AND COUNTRIES, ECONOMIC CLASSES, AND
COMMODITIES—REVISED STATISTICS FOR 1939 »
Item
I Janu- Feb- Marchi April
ruary
May ; June
General imports, total
thous. of dol__, 17N, 24f>, 158,072 190,4s] ]si), :-SiMi 202,493 17s, Shf,
By grand divisions and countries:
s, ."71
S. 610,
3.744' 0.4S1
C , 9^2
>
473
Africa
do
. 157
Asia and Oceania
do
, 51,830 42, S i r oo.oor.i ."1,732 60.230'
. 201
11,2s.")! 7, son 9,715 JO, lid7 10. 740
Japan
do
. dO3
Europe
do_ _ ol.2bO ! 17. «»S7. 52, 23 1 57. 079 5-. 211
5, 01 2
7, 123
4.002,
.">. 1 11
. 900
France
- do. .5, 233
4,727
13. 9 0 f i
,3*9
Germany
do . . .
3, 976
3, 266
2. Mis
3. 2-9
3. 200
2,, 705
70."
Italy
do
United Kingdom
.do . ._• 11,321 10.992 11,072 11.57s 15,190 11,603
20. l s s 2s. 7u7 26.05s
North America, northern
do . 25,890
20.300,
24,9S1 20, 130 i 23,' 12s
Canada
do..
69(. 2s, 270' 26.527
243
19. I l l
North America, southern
do.. - IS, 1S9 IS, Os,li
22.17s
3,09
4,447
5,657;
r», 271 • t1.. 32t»
Mexico
do . . .
132
27.309
22,102 21.932 23, 319 21.' 13 i'
South America
do
9."") 2
1. 357
4. 35,",
6, 033
(i, OSt!
."J. ICO,
Argentina
..do ..
100
7.420
S. J20
7. *Wit'»
9.421
Brazil
do...
2. 750
3.277
2.210
Chile
do....
Imports for consumption, by economic classes:
Total
thous. of dol - 160.353, 152,577 101.260 is.".. 916 191.1s.-) J7s, 373
53.930
18,095 59,514 54,920 02.2-0 51,739
Crude materials
do
26. 774 22,047: 28,205 21.053 25. -St. 22.51Crude foodstuffs
.do
Mfd. foodstuffs and beverages
. .do_... 16.638' 18,635' 26,295 25.037 2O.PO2 27,093
Semimanufactures
do < 37,125' 34.050 3S, S22 37.930 3,0. si," 3s. 025
Finished manufactures
do
31.886 2S. S50 3S, 403 13. 961
10.111 31.799
By individual commodities:
Alcoholic beverages.
1)07'
Distilled spirits, totaL-thou^. of proof gal
571!
5s2
Whisky
- . .y - do .
191
229
Still wines
thou . ol v. ine ual
2 47
19
23'
Sparkling wines
- -- - - do _.
37
33. GOO, ;*.->, 397 1
",30!' 3-, 2ss
Aluminum (bauxite)-.- _ . . Ions tons.
J2, 05'-'
19, OOH
2. "0."
Asphalt
. short tons.
3,011'
4 , 4 25'
5
3. ( i27
Cheese
.. - thous. oi lb
3,.
IS, 113, 33, '•,(), 13. 792' 32. 0."
32. O."2 2s.-s9 14. 13(
1 1.
Cocoa
- .- - -lon<2 t<<n<
11.370,
3s, !")()
Coconut oil
thoiH. o( lb. ! 23. 1031 2!», 122
1
Coffee
- thou^. of Inns i 1. 12:',' 1,OM, 1. 197
1.017
1. 'S7
Copper, total
..
- short tons. , 18,551 11,631 10. 3. \ 1 ' 20, '105 10.0 10
For smelting, refining, and export do . j IS, 076i 10, 50J, IS. 450 19. 72s 1-, 12i
]
Product of Cuba and Philippine I'daiuN
101
short tonsIOOI
if.1
1.
S10
371
97.*
All other
. - -do . _
Copra
-._ . . . - do __• 20. 9^7 17. 191 22. 0')0 11.013 20, Ss'1 12.
Cotton (excluding linters)
Ivile-;.. 12. 2S0'1 S, 301 9. .")SX 12.H92 13. O'U 11.
8. 53S
0, 21 ) 10. MS
Cotton cloth
thou^. of sq. yd
05'
. 170 10')'
Fertilizers, total
_. - lona !on> I 141 *s' 100,032 !3S 7S2
00 071
118,150 101.30MI lit1., sot". 1 107. 55s
• Nitrogenous, total
_.. _ - do
Nitrate of soda
--do _i (.3,851, 54.552! 12. 920 1 15, 1S- 02, 010
7. 033'
9031
009'
59 4
1, It.2
Phosphates
. . _. - . . . do ..,
20. 1st1,' 6, 791 J7'. 235' 10,5S0 10, 1,13, i. 125
Potash
do
1
1.155,
2 031
, s(»2
2,111
2,24 s
1, 110
Flaxseed _
_
tnoiis . ofbu
1. 150
Gold
thous. of dol , ir.fi. 4 2 7 ' 223, 2!V, 3*15. 130 tiOti. 027 420. 440
S. 020 71.005 Os. 725,
I 0S1
34
Gypsum, crude
short tons- j 32.360
29, 190 25.371
J. 5<">3
32. S32
2s 20 i
Hides and skins, total
thous. of lb
1,930
', 302
Calf nnd kip skins
.. - - do _ , 3. 5S1, 2. W)'»; 2, 3S0
.,031,
1X. 52S
13,20')! 11.771
1K371 1 10. 3ss
Cattle hides
_
.do.
0. 7h9.
i, 211
0. IS')1
5.1-0,
(i, 332
Goat skins
-do
4. 13»;'
5. lsji! >, 3s.l
3,971'
Sheep and lamb skins _
..
do
,
' 1S9
203 j
217,
ISO'
4 70
Iron ore
thous. of long torn |
Lead, total, except manufactures (lead
I
11.99S1 15, 1S5 13,257
K 179;
content)
- - short tons
10,91,1'
49. 521' 47, S03 t>2. 591
!. t>92
Lumber, total sawmill products M bd. ft
is.9111
Manganese ore (manganese content)
li;
17
10'
2(>
21 1
thous. of long tons_. j
Newsprint
short tons. _ I 1 S3, 050 144, 30S 1SS, Sf'O 209. 597 250. f.t'S
2 7ssi
1.733,
1. 73t)
Petroleum, crude
thous. of bbl_J 1.S0S,
1. 1st,
3, 4571
Rayon
thous. of lb__ j 2, S77 3,330, 3, 955
3,322'
Rice
pockets (100 lb.)__ 40.311 41,290 07. 0OS 90, 110
Rubber, crude, incl. latex
long tons.. 37. 0S2 31.03S 15,721 32.0311 15, Sst),
3, 555
3.913
3,592,
Silk, raw
thous. of lb_.j 5. 039 3,040
7.207'
7. 1 13
0. 1.12!
Silver
thous. of dol I 10, 32S1 9, 927
Sugar, rawT, total
long tons__! 00, SOS 107,931 20.1, 90S; ISO. 4t>9 152, 504!
From Cuba
do I 30.03S, 55,075 100, .-)U»' 71, 190 (.5, 0101
30, 150 50,21 1 93, 507 104,301 83,031'
From Philippine Islands
do
Sugar, refined, total
do
j 2, 013' S. 0S3' 22, 7s2 19, til.11 31,700'
5. 22:v. IS, 922 10, 700 19. 3sl
From Cuba
do
j 1.013
S, S29 11,015
3. ()90
551
2, 7S0
From Philippine Islands
do
(i, sbh'
s, 7s,l
Tea
thous. of lb _ J 7, 09S 7,931' 5, 57ti
5, 20S
3, sitf
5, 097
5! us,
Tin, bars, blocks, etc
long tons..| 3.971
Tobacco, unmanufactured, incl. stems and j
5, 102 0.. 592
1,7-3
7,765
6.865
scraps
thous. of l b . J 5, 820
Vegetable oils, total
do
j 91.692 87,500' 9S. 010 00, 155 07, 275 02, Ols
!). 3S2, 10.7,1;
S. 169 10, 70S' 12.131,
Paint oils
do
| 11. 114
All other vegetable oils
do
; SO, 27s 7!), 427]
302 4s!319 s7!soi' SU201
Wood pulp, total all grades
short t o n s , j 171, 2S0 110, Sit, 135, 12f ss, 101 l,ls, (,9s 170.122
Chemical:
j
Sulphate, total
do
j 50, 002 30, 935 41. 27S 23. 006 50. 70s is. 319
Unbleached
do
! 19.934 30, iH 3 3 4, 401 17, .1.15 37, 549 39,215
Sulphite, total
do
j 9 4,590 05,757 76.IS 4 53.S30 ss, 716 103, S.ls
Bleached
do
! 35, 09S 20, 001' 37.0 45 31.671 35,542 41.9S2
39.139 22, 156 53,171 t.l,S70
Unbleached
do
j 59, 19S 39,7
!), st.7 is, 562 17, 103
', 64S 17. 320
Groundwood
do
j 20, 076
Wool, unmanufactured
thous. of lb-_ 21,938 17.2SS 25, 141 16, S26 20.542 14.771
i . '!"
•.'
July
Au- I Sep- | Octo- I Nogust jtember! ber I vember
December
His, 910 17.". 023 l s l . o.Sii 215, 2S9, 235. 45s 240,807
. 199
., 363'
5. 145'
2, 264
ll.Osi 1 ,,
20,9ss'
25, ,"52
370'
207'
5, 702
51,302
J3, 16S
47,083
5,713
3, 707
2. Os(j
10,001',
2ti, (is I
25.070,
is. 4001
3. 543
22, 300
4.7S7'
s, 2S1'
1.650
170,130 ISO. 225
50. ('23 60.916
21.750 20, 77S'
27, 7n9 27,492'
30.019 35.017.
33.929 3.1.353
710
012
152
15 \
2t"
20
SO.l 40.041
72»>l
1.67O1
131
3, 135!
093 23.311,
215, .".2. SOV
O.l.l'
1,056
16, 170
J23 ;
1,1,5-2
04 i
3,312
til, ISO1
19,520
41.532
3,851
1,S15
2,401
10,853
34, 115
33,03'
19.051;
3.400
21.377!
2. 970,
S, 351
J. 705
5,220
64,214
20. 455
53. S35
2, 004
199,404 207. 131
67,610 70.510
19.46") 21. S90
38,412 27.725
38.100 45,307'
35. 7J7 3S. 00}
232. 730
SO. 7S7
25, 0S0
21, 777 29. 771
is, 500 55,013
40. 795 34,SS5
1,113
959
370
193.173
70. 732
726. 2S7
101.212
(il7, Kit;
02. 35S
52. 44S
39, 922
149.411
319, 250
339. 950
231, :<74
50. 20( i
317.207
01.914
107. 25o
40, 502
6, 394
60, 524
13,434
51. 430
5. 197
4, 371
3. 327
12, 451
29,105
28, 330
19,281
4. 689
26. 439
5. 159
S. 937
3, 3S0
1.501
1. 29s
421
130
1.S43
1.59!)
120
84
33,133
1. 150
r.,7021
13.707
10. OSS
1,095.
16, 175'
15,821'
», 400
1.05912
379
SO
45. 000 51, S01
1. 712 3. 155
11,037! 0. 314'
27, 215 2-. 3'.()
17,771 3 4.741
I, 109 1, 500
15. 271 19.937
12 92'; 17, 451
431
250,005| 282, 581 i
3, 0931
3,235
3,108
4.062I
37, 528
8, 508|
37, 689 45, 628
7, 262
6, 936
4, 639
7, 268
306,636 171,326;
240,421 105,3761
59. 795 48,886!
63, 979 16, 0451
59,120 12, 696 j
4. 710
3, 288!
7,307
7,6531
4,572
5, 247|
27
261. 667
2, 84S
5, 677
58, 365
42. 770
5, 423
4,183
65, 147,
20,511]
20, 104
18, 58S
13,94S
4, 153
0, 953
7. 620
!, 27li. 099
741. Mid
290, S30
313.330
4sti, 700
140,297
189,675
62,072
24. 237
26,111
40. 564
36. 691
11. 122
952
820
2S1
47
43, 348
6, 154
4. 923
24, 694
28, 066
1.271
19,222
17.915
9. Mo
3. 377
500
520, !79
73 -47
5 s1 S2»>
K 022
3. 47S '
17.032
20, <iS0
4,513
29ti! 330
330. 7"«)
27! 072
1,395
17s
28. 05s ,
9 r< 7
>V
10,322
120.912 ,
10t). 510 '
50, 51S'
705
IS, 161
623
451.1 S3,
151,358'
33.107
1, 161
16,82s
5,821
5. 111
163
7,213'
S. 476
215.027'
lll'.sW
111, S21
1.43S, 921,
1,155, (is \
1
52.OS7
43.612
v4.8O7
?
>3, 777
11,120
10,09 4
14,054
45.101
35,652
84,741
36,853
47,8ss
1!). 64!)
16,709
47,032! 57,707j 104,943;
38,645! 47,539! 92,650
80,318 135,795 143,706
40,042! 56,398 53,492
49,276! 79,307 90,304
23,388 21,527' 22,163
29,625 19,832 22,909
m
26. 59ti
131. 107
66,015
63, 770
2. 4H
706
17, 919
11.S22
9. 319
119,910
06. 307
50. 366
1.978
17, 652
1.336
297, 888
109.007
26 954
2, 2i 6
11, 176
5. 501
5, 315
201
91. 73<>
7 i s. 2s ]
7, 978
59. 857
51
323'
09 4 2. 615. 12s
(ill
31, 101,
750
47, t.Ji
127
(.90, 105
499,t)ll,
4 4S
322
51.271
795
81.307
046 2,230.912
S24 1,373, 3 }h
792 00n
397
301,331
229
20S. 101
175
915
57, 107
999
97,791
51S
70, 102
27
217,927
2,842
3, 969
58. 034
41.635
4, 606
7. 109
185, 909
114.445
66, 008
30.111
24, 867
4, 764
5. 149
5. 842
601. 390
23. 734
211, Ms
16.02s,
3,571,659,
1.30s 070
4. It4
53. 253
6.463
7. 5IS
6,4911
6,7241
8,425
9, 178,
7!). 467' 86.413 51, 620 64,5931 81,674 80,975
6,943 16,733
0. S41
10,292 11,277 12,402!
00! 025 76J21
40*343! 52^ 1911 74^ 731 O4[242
157,125 150,509 160,688; 216,142i 272,049 235,110 2.
1
Monthly
Average
2. 318. Oh 1
10,030
91,00,")
IS, 910
57. 239
5. 320
3, 3S3
2, 656
3, S0.1
o! 123 4, 904
14,5ss 13, 507 15,610
40. 120 36. 104 33,214
30. S27 3 4.S27 32,012
22. 029 15. 15 4 17,034
4, 379
5,912
5. 340
2 9 , ~)~>t> 37, 053 3s. 2sti
5, 055
6. 6S9
S, 357
11,390 J 2, 395 10, 2Jl
3.717
6. 61J
7. S09
0. 037
77. 770
is, 9S5
60. 331
1.464
12S'
1.3041
130
SS5
159
1. 122,
12s
224'
3. 773
), 92s
7,5331 17, 222 31.790 1
13. C7s H\ G79
\ S \\ I 13. 1911
0. 770, 11, 1S9' 1!.774, I l , s 5 9 ,
70, 002! Sx 270; 110,046 109.070
45, 7951, 7K447J 0L,431 101.335
9. 4S1
10. 41"' 42, 201 66.407
392!
2, 540 2, 700
408,
29, 0S7, 15, S77i 11, 571 > 4,214
452|
87."
0S2
1,511'
25!). 93! 1 320. OS!) 69.710 167,001
0S9
150.134 170,62s 105.213 1 S3. 47s
2,1. 092 24, 5
21,31*! 31 30( 1
1, S67
1.1'SO
1.5S5J
1,503
S, sT'.V
9. 30S i 10,011!
4.013;
1, VI *
5, O2.l'
: ! !!
4..H7
4.SO7;
. 3ssi
179'
2o:j(
213'
4. Oti3
4.391
2,762,
59, KM) 102, 000 73,035
IS
195, til
2,912
3, 423
70,091
3S,5S5
4. 19,li
4, 30."
24 S, 200;
191. ISO.
50,973
41,251'
30. 130'
4. 1S2
7. 499'
4,730
Total
32;;. 4.11
82, 4 47
971, 7ss
130,011
S41,7-!s
020. 411
6, 871
80. 982
10.838
70. 145
168,870
654,419
80,850
546, 167
78,403
113,814 1,135, 302
47 4.109
46,204
661,193
67,610
227. 768
30,465
245,971
26,036
54, 535
45,514
94, 608
39.509
55,099
18, 981
20, 498
1
Compiled by the U. S. Department of Commerce, Bureau ol Foriujn and Dnnustu' ('omrrurct. 1); la in the above table and in table 14, p. 17, represent the final revisions
for the year 1939 of all import and export series (with the exception of iron and steel products) whii-h appeared in the 1940 Supplement and monthly issues of the Survey.
All series have not been revised, but the complete tabulation is presented here for ihc comenience of users ol the statistics. Iron and steel exports and imports for 1939 will
be revised at a later date.
2 Less than 500 bushels.
19
SURVEY OF CURRENT BUSINESS
April 1!)41
Monthly Business Statistics
The data here are a continuation of the statistics published in the 1940 Supplement to the SURVEY OF CURRENT BUSINESS.
That volume contains monthly data for the years 1936 to 1939, and monthly averages for earlier years back to 1913 insofar as
available; it also provides a description of each series and references to sources of monthly figures prior to 1936. Series added or
revised since publication of the 1940 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying
footnote indicating where historical data and a descriptive note may be found.
The term "unadjusted" and "adjusted" used to
designate index numbers refer to adjustment of monthly figures for seasonal variations.
Data subsequent to February for selected series will be found in the Weekly Supplement to the Survey.
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
1941
February
1941
1940
February
March
April
May
June
July
A u
^
NovemOctober
ber
\ temb'er
December
January
BUSINESS INDEXES
INCOME PAYMENTSf
Indexes, adjusted:
Total income payments
1929=100.- p 96. 8
Salaries and wages
do
Total nonagricultural income
do
p 97. 8
Total
mil. of dol._ p 6,148
Salaries and wages:
p 4, 245
T o t al
do
p 1, 670
Commodity-producing industries...do
^938
Distributive industries
do
v 892
Service industries
do
v 623
Government
do
p 122
Work-relief wages
do
p 89
Direct and other relief
do
Social-security benefits and other labor inp 150
come
mil. of doL.
Dividends and interest
do
P 443
Entrepreneurial income and net rents and
royalties
mil. of dol-- p 1, 221
Total nonagricultural income
do
v 5, 550
89.7
87.5
89.6
5,6 4
88.4
87.0
89.3
5,987
88.2
86.2
88.7
5,965
88.6
87.3
89.8
5, 689
88.7
87.9
90.7
6, 288
89.3
88.8
91.1
6,103
3.742
1, 339
882
845
536
140
95
3,784
1,352
900
845
539
148
94
3,784
1,356
900
845
540
143
92
3,838
1,391
908
854
.548
137
89
3,871
1, 419
915
860
3, 766
1,423
923
854
452
114
87
151
447
155
820
152
799
166
472
166
1,050 |
167
901
1,169
5,108
1,134
5,519
1,138
5,479
1,124
5,211
1,115 i
5,821 I
60.5
84.0
81.0
86.5
94.0
82.0
80.0
60.0
76.0
72.5
79.0
89.5
75.0
70.0
62.5
81.5
77.0
85.5
89.5
88.0
70.5
66.0
80.0
73.5
85. 5
84.5
90.5
70.5
62.5
70.0
61.5
78.0
82.0
79.0
64. 0
113
114
121
121
101
113
96
123
139
83
60
50
109
106
139
283
130
103
151
145
112
112
121
113
107
113
104
126
134
101
88
71
117
111
144
299
134
99
158
162
112
112
120
106
109
108
109
126
129
114
115
103
116
96
141
306
130
98
141
162
116
116
125
123
114
108
117
126
129
129
140
131
119
91
132
329
118
102
137
172
121
122
134
151
116
110
119
129
130
129
143
146
117
79
131
371
114
106
124
176
118
118
97
127 j
147
111
107
112
129
131
127
136
147
121
66
96
394 I
70
116 I
117
185
120
120
128
153
123
118
126
135
141
133
141
150
124
93
63
455 !
23 I
124 |
130 I
202
109
107
113 !
'86
'86
107 i
143
117
127
128
115
122 |
113
119
117
100
109
127
55
85
112
112
120
110
88
'89
116
168
123
130
131
116
131
113
119
115
101
108
131
51
88
124
110
112
110
91
'98
120
164
109
124
123
113
135
109
103
106
105
109
134
51
98
112
114 !
89 !
112 !
120
86
90.5
90.4
92.3
5, 791
91.7
91.5
93.0
6,467
3,841
1, 493
917
859
455
117
4,030
1,562
940
867
550
111
84
164
485
150
897
1,182 |
5,562
1, 214
5, 232
1,306
5,818
75.0
71.0
57.5
83. 0
84.0
88.0
65.0
79.0
71.0
59.0
81.5
90.0
82.0
65.0
95.0
75. 5
64.5
85.5
92.0
88.0
67.0
129
130
144
161
132
127
134 |
142
154
139
150
161
' 118
118
120
501
89
137
135
213
I
!
92. 5
92.2
I
93. 4
i
' 6,681
93.6
93.9
94.7
6,240
' 95. 8
' 97. 2
' 96. 9
' 7, 390
' 96. 6
' 97. 8
' 97. 3
' 6, 525
4,169
1, 597
958
888
609
117
86
' 4, 290
' 1, 642
' 1.004
900
' 124
'88
' 4, 200
' 1, 614
949
890
' 616
' 131
'89
144
494
145
1,573
155
811
1,347
5,570
1,294
' 6, 797
' 1,270
117.0
80.5
69. 0
90.5
93.5
94.5
70.5
96.5
79.5
66.5
91.5
99.5
91.0
74.5
86.0
85.5
72.0
98. 0
104.0
96. 0
89.5
'74.5
'86.5
'73.0
98.5
99. 5
' 101.0
85.0
134
136
155
164
132
133
132
149
167
142
154
154
r 119
127
167
544
142
152
141
229
135
137
158
166
120
130
123
152
172
' 136
145
147
' 115
129
184
590
161
163
153
219
135
139
' 162
172
121
133
114
164
172
> 125
•
124
125
' 111
141
183
624
152
186
172
'263
' 133
137
161
170
' 116
123
113
' 168
176
'110
100
' 110
144
186
'671
151
204
' 176
'280
121
108
120
'98
r
102
126
88
127
127
124
118
144
114
113
120
126
129
144
121
104
120
98
90
121
93
122
r
99
'95
115
73
159
123
124
119
149
115
112
131
140
142
154
79
144
98
' 117
87
' 121
104
' 106
' 103
76
133
'128
127
' 120
150
115
' 109
142
137
144
r
150
72
136
108
4,178
1,604
963
882 '
602
127
86
145
845
1,427 I
5,909 |
' 620
' 5, 975
AGRICULTURAL INCOME
Cash income from farm marketings:
Crops and livestock, combined index:
Unadjusted
1924-29= 100.. v 61.0
Adjusted
do
P83. 5
Crops
do
P66. 5
Livestock and products
do
P99. 5
Dairy products
do
v 102.5
Meat animals
do
v 102. 5
Poultry and eggs
do
p 78.0
INDUSTRIAL PRODUCTION!
(Federal Reserve)
Unadjusted:
Combined index
1935-39 = 100. .
Manufactures
do
Durable manufactures
do
Iron and steel
do
Lumber and products*
do
Furniture*
do
Lumber*
do
Machinery*
do
Nonferrous metals*
do
Stone, clay, and glass products*. _do
Cement
do
Common and face brick*
do
Glass containers*
do
Polished plate glass
do
Transportation equipment*
do
Aircraft*
do
Automobiles
do
Locomotives*
do
Railroad cars*
do
Shipbuilding*
do
p
p
p
p
138
142
167
172
P 119
p 131
p 113
p 176
p 181
v 112
102
Nondurable manufactures
do
105
108
105
Alcoholic beverages*
do
106
84
94
Chemicals*
do
114
111
113
r
Leather and products
do
'89
••107
100
Shoes*
do
'91
' 109
' 106
Manufactured food products*
do
101
99
100
Dairy products*
do
112
84
95
Meat packing
do
111
124
116
Paper and products*
do
119
116
114
120
Paper and pulp*
do
118
114
115
Petroleum and coal products*
do
115
114
118
125
120
Coke*
do
114
113
113
Petroleum refining
do
114
109
111
Printing and publishing*
do
114
117
116
147
Rubber products*
do
97
115
101
143
Textiles and products
do
110
123
115
152
Cotton consumption*
do
127
141
132
143
Rayon deliveries*
do
60
65
66
v 67
Silk deliveries*
do
73
102
77
149
Wool textile production*
do
105
97
Tobacco prod acts
do
' Revised.
v Preliminary.
tRevised series. For revised data on income payments beginning 1929, see table 42, pp.
marked with a " t " on p. 20.
Digitized for *New series. See note marked with a "f" on p. 20.
FRASER
'104 I
' 114
131
144
102
123
121
114
138
110
102
109
111
114
137
57
109
110
119
108
116
102
111
132
111
112
124
120
118
141
114
108
|
j
|
|
I
j
I
j
I
!
122 I
18 I
1
120 !
138 '
65
120
118
129
120 I
151
124
124
119
147
115
112
129
'137
137
151
87
140
115
17 and 18 of the October 1940 Survey. For industrial production series see note
20
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
SUKVEY OF CURRENT BUSINESS
1941
April 1941
1940
February
February
March
April
May
June
July
! 1941
August
September
October Novem- December
ber
BUSINESS INDEXES—Continued
INDUSTRIAL PRODUCTIONf—Contd.
Unadjusted—Continued.
Minerals
1935-39 = 100
Fuels*
do
Anthracite
do
Bituminous coal
do
Crude petroleum
do
Metals*
.--.do
Copper*
do
Lead
-do
Zinc
do
Adjusted:
Combined index
do
Manufactures
do
Durable manufactures
do
Iron and steel.-do
Lumber and products*
do
Furniture*
do
Lumber*
do
Machinery*
do
Nonferrous metals*
do
Stone, clay, and glass products*.-.do
Cement
do
Common and face brick*
do
Glass containers*
do
Polished plate glass
do
Transportation equipment*
do
Aircraft*
do_...
Automobiles
do
Locomotives*
do
Railroad cars*
do
Shipbuilding*
do
Nondurable manufactures
do
Alcoholic beverages*
_ -do
Chemicals*
do
Leather and products
do
Shoes*
do
Manufactured food products*
do
Dairy p
do
D a r y products*
M t packing k
i
d do
o
Meat
aper
p
o
u
Paper and p r o d u c t s d* d o
Paper and pulp*
do
P
d
Petroleum and coal products* do
Coke*
do
Petroleum refining
do
Printing and publishing*
do
Rubber products *
do
Textiles and products
do
Cotton consumption*
do
Rayon deliveries*
do
Silk deliveries*
do
Wool textile production*
do
Tobacco products
do.
Minerals
do
Fuels *
do
Anthracite
do
Bituminous coal
do
Crude petroleum
do
Metals*.
do
Copper*
do
Lead
do
Zinc
do
p
v
v
v
v
115
119
112
133
114
P92
P
154
142
p 141
P145
v 172
P168
v
p
v
v
p
p
135
131
135
176
184
158
183
131
138
P200
741
v 159
P224
P 190
P315
v 123
108
p 124
P107
v 111
P118
p 114
P126
148
150
p 134
p 142
P146
P66
v 136
116
p 118
p 114
p 102
p 114
P 115
v 144
P151
140
112
116
86
121
117
89
142
116
132
110
114
86
104
121
87
144
115
130
111
113
89
100
121
95
150
119
127
116
116
124
118
114
113
114
123
142
113
106
96
118
112
138
283
129
101
158
150
110
97
111
'99
' 101
113
115
129
114
114
116
123
115
108
119
108
115
143
64
93
106
114
112
78
103
118
130
140
116
130
113
112
118
106
111
112
110
123
132
120
117
106
124
105
132
299
120
101
149
156
106
97
109
111
110
113
99
110
111
109
123
124
115
115
108
116
96
117
306
103
103
125
156
107
104
111
r 94
••87
'95
112
112
'87
111
112
117
116
117
115
119
114
108
115
100
107
137
61
128
110
110
118
118
117
106
116
100
108
139
64
77
103
117
114
84
109
120
133
141
117
124
79
111
119
116
83
120
118
135
144
118
123
90
102
119
148
141
122
119
118
111
104
100
116
161
140
116
116
121
111
101
106
114
179
133
112
121
117
109
83
111
111
164
135
114
118
124
115
100
124
114
171
136
112
127
122
112
97
110
114
184
146
117
131
119
115
96
128
111
147
147
114
135
114
116
112
127
111
102
146
118
139
115
114
119
118
112
115
110
124
127
113
115
109
112
91
117
323
101
102
121
164
110
100
114
'86
'88
111
106
117
127
128
114
123
113
115
117
104
109
142
58
87
110
117
114
82
120
116
135
143
124
119
121
122
131
154
111
113
110
128
130
112
113
118
111
80
122
364
106
102
111
170
114
113
116
96
'101
115
111
126
132
132
115
132
112
120
115
107
114
144
56
89
115
118
116
113
116
116
134
143
117
118
121
121
132
156
107
115
104
133
138
115
110
117
117
100
111
394
87
113
119
189
112
108
117
94
101
110
113
116
130
130
112
139
108
114
106
113
121
137
121
122
135
158
114
115
113
138
146
119
115
129
114
114
107
455
76
123
127
213
112
91
115
125
127
146
164
121
121
121
145
153
129
131
150
165
123
122
124
146
164
126
133
126
132
135
154
166
127
125
128
152
169
130
140
135
138
142
164
181
132
128
133
163
177
' 140
155
147
'119
117
168
624
134
174
177
261
123
101
121
108
'113
120
112
134
130
131
120
147
116
112
138
140
145
155
74
142
114
118
113
105
115
113
148
142
112
135
118
113
57
100
103
120
117
129
121
114
139
150
120
129
'97
'101
114
109
119
124
123
113
139
109
110
109
113
124
127
61
106
106
'114
112
112
121
108
124
144
117
125
' 124
125
131
'116
118
138
517
109
140
148
220
112
103
114
95
99
109
109
121
120
118
116
142
112
108
119
116
120
120
65
123
108
116
114
105
119
114
127
132
108
131
' 115
111
157
544
130
160
148
227
116
103
116
'97
99
117
111
127
122
121
116
144
112
109
120
123
126
129
71
132
115
113
109
91
98
115
135
140
119
131
'114
113
162
584
133
168
166
226
119
96
117
107
112
116
109
133
125
124
118
146
114
110
126
134
135
146
77
142
113
117
113
94
112
115
145
141
107
134
MANUFACTURERS' ORDERS, SHIPMENTS, AND INVENTORIES*
106
101
121
164
172
110
133
127
130
172
P 186
171
New orders, total
Jan. 1939=100..103
112
118
141
211
157
159
235
163
252
P273
237
Durable goods
do.. 129
129
141
228
168
190
208
253
P311
294
131
258
Electrical machinery
do.. 81
101
145
161
151
211
104
199
P294
140
216
214
Iron and steel and their products
do..-119
125
141
159
212
133
154
231
P 277
167
267
209
Other machinery
do.
115
113
144
162
225
123
135
269
p 218
179
292
282
Other durable goods
do.
118
99
101
105
109
p 130
107
133
131
120
108
129
Nondurable goods._
do.
126
119
121
145
P158
120
123
117
146
124
148
152
Shipments, total
do.
140
129
p 188
136
158
133
127
167
131
184
129
172
Durable goods
do.
107
122
124
P 164
118
75
148
127
100
41
158
161
Automobiles and equipment
do... 153
130
P205
133
142
161
159
147
137
143
178
200
Electrical machinery
do
152
133
p 198
126
121
133
146
163
180
175
176
195
Iron and steel and their products
do
Transportation equipment (except auto228
188
211
180
188
244
P291
235
197
234
261
336
mobiles)
Jan. 1939= 100..
142
132
157
P 204
151
155
147
149
165
162
193
170
Other machinery
do.
122
128
137
P216
167
129
138
132
147
171
173
172
Other durable goods
do.
110
112
114
» 132
123
108
111
109
119
134
128
127
Nondurable goods
do.
108
121
P 146
111
124
115
121
110
116
138
129
130
Chemicals and allied products
do.
106
114
p 119
111
112
107
111
108
113
131
122
120
Food and kindred products
do.
119
142
p 148
119
146
124
137
135
129
137
133
134
Paper and allied products
do_
101
112
p 110
108
107
106
108
Petroleum refining
do.
103
103
111
107
112
116
159
r> 159
169
123
130
135
122
130
147
163
164
Rubber products
do.
108
92
v 153
143
Textile-mill products
do _
93
113
136
142
141
130
103
P133
123
133
113
I5
O
107
147
147
132
130
Other nondurable goods
do .
' Revised.
* Preliminary.
fRevised series. Revised indexes of industrial production beginning 1919 (1923 for industrial groups and industries), including the pew series, are available on pp. 12-17
of the August 1940 Survey, except for subsequent 1939 revisions for aircraft on p. 19 of the December 1940 Survey, and for rayon deliveries, total manufactures (unadjusted),
and durable manufactures (unadjusted) on p. 20 of the March 1941 Survey; a few minor revisions in 1939 data for transportation equipment, alcoholic beverages, dairy products,
textiles and products, minerals, and crude petroleum are available upon request.
*New series. For industrial production series, see note marked with " t " . For indexes of manufacturers' orders and shipments beginning January 1939, see monthly
Surveys beginning with the September 1940 issue (description of data and figures for January-June 1939 are available on pp. 7-13 of that issue except for revisions given in
note marked with an " • " on p. 20 of the November 1940 Survey).
21
SURVEY OF CURRENT BUSINESS
April 1041
1940
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
F
£™-
March
April
May
June
July
1941
Sep- October Novem- Decem- JanuAugust tember
ber
ber
ary
BUSINESS INDEXES—Continued
MANUFACTURERS' ORDEHS, SHIPMENTS, AND INVENTORIES*—Con.
Inventories, total
Dec. 31, 1938=100.
Durable goods
do...
Automobiles and equipment
do__.
Electrical machinery
do....
Iron and steel and their products d o . . .
Transportation equipment (except automobiles)
Dec. 31, 1938=100_
Other machinery
.
do _ _ .
Other durable goods
do...
Nondurable goods
do...
Chemicals and allied products
do.._
Food and kindred products.
do...
Paper and allied products
do._.
Petroleum refining
do.. Rubber products
do.. _
Textile-mill products
do _ _.
Other nondurable goods
do...
121.4
131.2
135. 3
148. 6
127.0
110.0
112.8
116.3
111.7
111.8
109.8
112.6
112.7
114.5
111.1
108.9
111.5
109,1
114.9
110.8
109.1
112. 1
105. 9
] 16. 5
113.6
108.6
111.8
95.9
115.6
116. 3
109.2
111.9
86.6
115.6
119. 1
110.9
115.4
112.3
115. 5
120.1
112.2
118.4
128.7
116.7
121.1
114.4
121.2
130.6
122.1
123.8
116.5
124.1
130.7
126.8
126.9
119.3
127.9
134.7
133.9
129.4
'
r
'
'
'
p 320. 3
p 128. 0
p 110.8
p 110.9
p 114.5
p 104. 3
p 11.1.8
v 97. 6
p 137.1
p 121. 3
p lio!3
167. 0
111.9
107.8
107.0
109.8
102.5
107.1
93.8
118.1
112.4
108.8
165. 6
112.4
108.7
106. 8
111.1
100. 5
108.0
94.5
119.6
160. 4
110.9
107. 8
106. 2
111.5
98.4
106. 6
95. 5
120.7
164. 9
110.6
107.0
105. 8
111.1
97.5
104. 9
97.1
122.2
106. 0
105. 3
185. 2
110.8
105. 7
106. 4
111.7
100.6
104. 5
98.3
120. 5
118.5
104.1
194.7
110.7
104. 5
106.0
112.4
101. 7
107.1
98.3
124.0
114.9
100.8
207.8
112.2
104.1
105.5
110.7
99.8
108.4
99.0
125. 5
115.0
100.3
228.8
114.8
104.9
107.1
110.1
101. 0
110.3
98.7
124.6
119 9
103. 2
251.9
117.6
105. 9
L08. 5
110.5
104. 6
110. 7
97.7
L24. 4
121.4
104.2
271.1
122.1
108.3
110.1
114.1
107.0
112.8
98.5
126.6
119.0
106.7
r
107. 3
174.4
110. 0
106. 7
105.2
111.3
97.1
104. 0
96.3
116.7
118 5
104. 6
85. 5
73.1
77.4
85. 9
87.4
98.1
85. 5
73. 1
77.2
86.3
87.5
98.1
100.2
101.6
96. 2
99.9
100.4
104.7
101. 6
100. 1
101.6
95.9
100.3
100.6
104.7
101. 7
P
p
v
v
p
120. 8
129. 7
134. 3
140. 4
128. 5
297.1
r 125. 6
r
110.2
»• 1 1 1 . 2
'114.2
r
105. 8
' 111.8
'98.4
r
131.4
' 119.7
111.7
COMMODITY PRICES
COST O F LIVING
National Industrial Conference Board:
Combined indext
1923=100..
Clothing
do
Foodf
do
Fuel and light
do
Housing
do
Sundries.
do
TJ. S. D e p a r t m e n t of Labor:
Combined index*
1935-39=100.. _
Clothing*...
.
do
Foodt
.
do....
Fuel, electricity, and ice*
do
Housefurnishings*
do.
Rent*
'
_
do
Miscellaneous*
.do
86.1
73.1
78.8
86.4
87.7
98.1
8". 1
73.2
77.8
86.0
86. 6
96.9
100.8
99.9
97.9
100.9
100.1
105.1
101. 9
84.8
73.2
76.9
85.8
86.6
96.9
99.8
102.0
95.6
100.6
100. 5
104. 5
100.8
85. 0
73 2
77. 4
85. 4
86. 7
97. 0
85.2 !
73.1 [
78.1 I
84.1
86.7
97.0
85. 5
73.1
79.1
84.2
86 8
97.0
100. 5
101.7
98.3
98.6
100.1
104. 6
100.6
85. 7 |
73. 1 !
78.4
84.5 !
86.8 !
85.4
73.0 I
77.4
84.8 |
86.9 I
98. 1
85.7
73. 1
78.2
85.3
87.0
98.1
100.4
101.6
97.2
99.3
100.3
104.7
101.4
i
85.9
73.0
78.3
86. 5
87.5
98.1
86.0
73.0
78.7
86.4
87.6
98.1
100.7
101.6
97.3
100.7
100.4
104.9
101.8
100.7
100.2
97. S
r
101.1
99.8
105.0
r
101.9
r
PRICES RECEIVED BY FARMERS §
U. S. Department of Agriculture:
99 |
101
99
Combined index
. . . 1909-14-100.
96
97
104
95
103
95
97
112 I
122
120
90
104
100
Chickens and eggs
....do
88
90
81
83
82
84
78 !
79
77
80
76
Cotton and cottonseed
do
80
79
80
81
85
85
83
116
121
109
121
111
Dairy products
do
128
104
105
114
110
118
118
106
71
79
78
Fruits
do
75
73
79
104
89
73
81
80
76
88
83
76
84
Grains
.
...do
81
80
83
77
78
92
96
81
91
92
112
110
130
111
112
Meat animals
____do___.
102
114
102
104
110
130
108
101
98
107
117
93
112
114
99
Truck crops
do
118
128
98
117
156
159
90
107
104
102
100
100
Miscellaneous
do
101
95
100
101
93
107
RETAIL PRICES
U. S. Department of Labor indexes:
83.3
Anthracite
1923-25= 1C0..
81.7
82.3
82.5
81.2
83.0
81.0
78, 6
90.3
Bituminous coal J
do
90.0
90.2
89.0
90.3
86.9
85. 5
89.0
Food (see under cost of living above).
Faii-child's index:
94,2
93.9
93.7
93.2
93.5
Combined index
Dec.31,1930=100...
92.9
94. 5
92.9
92.9
92.8
92.6
92.8
92.8
Apparel:
97.6
97.6
97.3
97.3
97.7
97.0
Infants'
do
97.6
96.9
96.6
97.0
96.9
96 9
89.3
89.3
89.3
89.3
89.1
89.1
Men's
__do
89.3
89.1
89. 1
88.9
88.9
88.8
93.0
92.5
92.1
91.6
92.2
Women's
do....
91.8
93. 3
92.1
92.0
91.9
91.7
91.8
91.8
95.8
95.7
95.3
95. 6
94.6
Home furnishings
do
96.0
94.6
95.0
94. 5
94.4
94.3
94.1
94.6
87.3
87.0
86.0
86. 8
Piece goods
\
.
do
86.0
86.7
87.6
86.0
86. 7
86.0
86.0
86.0
85.9
WHOLESALE PRICES
U . S . Department of Labor indexes:
Combined index (813 quotations •)..1926=10080.0
77.4
78.0
78. 7 1
79. e
77.7
78.4
78.7
77.5
78.6
78.4
Econqmic classes:
83.5
82.6
82.8
82.1
81.5
Finished products
do
81.0
83. 5
81.4
80.9
81.2
81.1
80. 5
81.3
74.6
72.6
73.6
70.5
71.4
Raw materials
.
do
69.8
74.0
70.7
72.7
70.7
72.0
72.0
73.0
81.3
80.7
80.7
77.6
77.0
79.4
Semimanufactures
do
81.6
77.8
79.9
77.9
79.7
78.3
78.2
71.6
68.2
69.7
66. 2
65.6
66.4
Farm products
do
70.3
66. 5
66.2
68.7
67.9
67.9
69.4
67. 6
67.7
67.0
61.7
59. 3
G
rains
do
64. 5
65. 4
60.8
64. 4
72.8
73.4
71.2
77.2
83.0
69.9
72.7
72.4
71.5
Livestock and poultry
do
82.4
69.8
70.6
64.7
67. I
65.6
68.4
Commodities other than farm products*
82.7
82.1
81.9
80.4
81.3
1926 = 100
80.0
82.7
80.5
80.8
79.8
80.5
80.5
73.7
72.5
73.5
71.5
71.1
Foods.
do
70.3
70.1
73.5
70.2
71. 1
71.4
70.3
71.6
80.2
82.3
84.2
75.1
77.3
Dairy products
do
73.7
74.3
79.7
80.0
72.2
78.6
72.8
77.4
59.6
60.4
60.8
58.9
61.2
69.0
Fruits and vegetables
.
do
63.2
59. 4
58. 7
58.7
69.2
73.9
65. 7
83.2
76.2
79.0
75. 6
72.9
77.0
Meats
do
83.6
76.1
68.4
70.7
69.2
73.8
71.1
Commodities other than farm products and
84.1
84.3
84.1
82.0
82.3
83.5
82.3
foods
.
1926=100..
82.2
84.4
83.2
82.9
82.5
82. 5
98.9
99.6
93.3
95.6
99.3
97.8
92.5
Building materials
do
92.4
99.3
93.2
93.3
92.5
92.5
90.2
91.3
90.1
90.2
90.2
91.1
90.1
Brick and tile
do
90.2
91.4
91.2
90.4
90.2
90.2
90.8
90.8
90.6
90.6
90.7
90.9
90.6
90.6
Cement t
do
90.8
91.4
91.2
90.5
90.3
117. 5
118.4
98.4
107.1
114.4
94.8
118.8
94.8
117.2
97.7
97.4
96.0
Lumber}
do
96.7
77.5
78.6
76.7
76.8
76.9
77.0
77.7
76.1
78. 5
77. 5
77.0
Chemicals and allied products!----do
76.7
76.8
85.1
85.6
84.8
84.8
85.0
84.9
85. 4
85.1
85.7
85.3
85.1
85.1
85.0
Chemicalsf
do
95.9
96.5
96.2
96.0
95.8
95.9
96.2
82.2
96.9
81.3
81.4
82.0
81.8
Drugs and pharmaceuticalsf
do
69.9
70.7
68.0
68.1
68.1
67.3
70.0
67.4
70.4
71.0
70.6
70.8
Fertilizer materials!
do
70.7
r
Revised. p Preliminary. • Number of quotations increased to 887 in recent months. tFor monthly data beginning 1933, see p. 18 of the April 1940 Survey.
§Data for Mar. 15, 1941: Total, 103; chickens and eggs, 90; cotton and cottonseed, 82; dairy products, 118; fruits, 83; grains, 84; meat animals, 129; truck crops, 134; miscellaneous, 91.
^Covers 38 cities in March, 37 in June, September, and October, 36 in November, and 35 beginning in December; data now available monthly for coal-burning season.
fRevised series. National Industrial Conference Board's index of cost of living and food component and index of wholesale prices of lumber revised beginning 1935, see
tables 5 and 7, respectively, p. 18 of the January 1941 Survey. For the Department of Labor's revised index of retail food prices beginning 1913, see table 51, p. 18 of the November 1940 Survey. Data for chemicals and allied products and subgroups revised beginning 1926; see table 32, p. 18 of the August 1940 Survey.
of Labor's cost of living series will be shown in a subsequent issue.
22
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
April 1941
1940
February
March
April
May
July
1941
August
September
October
Novem- Decem- ] Januber
ber '• ary
COMMODITY PRICES—Continued
WHOLESALE PRICES-Continued
U. S. Department of Labor indexes—Con.
Commodities other than farm products and
foods—Continued.
Fuel and lighting materials
1926=100.E lectricity
do
Gas
do
Petroleum products
do
Hides and leather products
do
Hides and skins
do
Leather
do
Shoes
-do
House-furnishing goods
do
Furnishings
do
Furniture
do
Metals and metal products
do
Iron and steel
do
Metals, nonferrous
do
Plumbing and heating equipment._do
Textile products
do
Clothing
do
Cotton goods
do
Hosiery and underwear
do
Rayon*
do
Silk*
do.--Woolen and worsted goods
do
Miscellaneous
do
Automobile tires and tubes
do
Paper and pulp
do
Wholesale prices, actual. (See under respective
commodities.")
50.0
101.6
94.8
94.5
107.4
89.1
95.3
82.6
97.6
95.5
84.0
82.2
76.4
87.2
77.5
60.3
29.5
43.3
91.2
76.9
58.2
93.3
72.4
78.2
81.6
50.9
102.4
97.0
94.2
108.2
88.0
94.2
81.5
95.3
96.3
79.2
79.1
75. 4
84.9
73. 6
64. 5
29. 5
51.6
87.2
77.3
55. 6
89. 5
72.2
77.1
80.4
50.4
101.8
94.3
93.5
108.4
88.0
94.2
81.5
95.5
96.4
79.7
81.0
74.0
85.1
71.8
62.2
29. 5
49.9
84.5
76.9
55. 6
89.0
71.8
76.0
82.0
50.4
101.8
94.8
93.2
108.2
88.4
94.5
81.9
94.5
94.3
79.2
80.9
72.9
84.7
70.2
61.7
29.5 j
45.4
83.8
77.7
58.0
89.5
71.7
73.9
84.4
50.7
101.3
92.2
93.6
107.9
88.5
94.8
81.9
94. 5
94.2
80.3
80.6
72.9
85.0
69.4
61.3
29.5
47.0
83.4
77.7
58.0
90.7
71.4
74.2
87.4
50.0
99.2
81.9
92.4
107.9
88. 5
94.9
81.7
94.7
94.3
81.2
80. 5
72. 6
85.3
68.4
61.6
29.5
46.1
83.7
77.3
58.2
91.7
71. 1
73.3
88.2
49.5
99.0
84.6
91.4
107.0
88.5
94.8
81.8
95.1
94.6
80.8
80.5
72.4
85.3
68.8
61.5
29.5
43.3
83.9
77.7
58.8
93.5
125.0
129.2
142.7
118.1
128. 0
130.9
145. 6
119.5
128. 5
132.3
151. 5
119.9
128. 1
131. 6
149. 9
119 6
128.5
130.4
149.9
119.3
3 29. 9
128. 7
3 54.8
118.9
129.6 j 130.1
129.9 I 131.4
154.8 153.1
118.6 119.0
72.1
71.1
72.4
84.5
49.2
96.9
77.1
88.3
107.0
88.5
94.8
81.8
94.9
94.8
79.1
80.5
72.3
85.6
68.6
61.5
29.5
43.0
83.7
76.7
58.8
93.5
71.0
73.5
84.8
48.9
98.3
S4.0
88.9
107.0
88.5
94.8
81.8
95.4
94.9
80.7
80.5
72.5
85.6
69.2
61.4
29.5 I
42.8 !
84.2 i
76.5 !
58.8
93.2
71.6
71.7
82.4
49.0
100.4
93.8
90.9
107.0
88.6
95.0
81.8
97.3
94.9
83.6
80.5
73.6
85.7
71 5
61 4
29 5
44 7
86 3
76 9
58 8
93 2
71.9
73.3
80.5
49.3
102.3
101.2
93.2
107.1
88.6
95.0
81.8
97.6
95.3
83.9
80.5
74.5
85.7
73.6
61.5
29.5
42.8
88.8
77.5
58.6
93.1
71.7
73.4
78.2
49.5
102. 3
99.3
94.1
107.2
88.9
95.1
82.2
97.6
95.4
83.4
80.5
74.8
85.5
74.9
60.7
29.5
42.5
89.0
77.3
58.3
93.1
129.1
130.2
151.5
118.6
128.0
131 6
148.6
118.9
125. 6
131.9
148.6
118.9
125.9
130.0
145.6
118.3
93
82
93
82
90
82
95
85
111
87
72.1
77.5
50.0
102.4
99.1
94.4
107.4
89.0
95.2
82.6
97.7
95.7
83.6
80.5
75.2
86.6
75.8
59.9
29.5
42.5
89.2
77.1
58.2
93.1
PURCHASING POWER O F THE
DOLLAR
Wholesale prices___
Retail food pricesf
Prices received by farmers
Cost of livingf.
1923-25 = 100_
do.._
do___
do__.
I
I
|
I
124.7
129.4
141.4
118.2
93 |
'84
'70
' 103
'84
CONSTRUCTION AND REAL ESTATE
CONTRACT AWARDS, PERMITS, AND
DWELLING UNITS PROVIDED
Value of contracts awarded (F. R. indexes):
54
63
Total, unadjusted
1923-25=100-.
P (7
50
60
v 71
Residential, unadjusted
do
62
63
Total, adjusted
do....
57
56
Residential adjusted
do
F. W. Dodge Corporation (37 States):
15, 595 23, 920
Total projects
number _. 25,001
Total valuation
thous. of doL. 270, 373 200, 574 272, 178
81,666 94, 971
Public ownership
do
96,425
Private ownership
do
173, 948 118,908 177, 207
Nonresidential buildings:
2, 852
3, 645
Projects
number. _ i 4,120
12, 356 14, 444
Floor area___
thous. of sq. ft-J 19,718
70, 565 73, 735
Valuation
thous. of dol..| 90,058
Residential buildings, all types:
19,053
Projects
.
number
19, 746 11,807
Floor area___
thous. of sq. ft,. 29, 322 19,107 31,078
Valuation,
thous. of doL. 116, 459 74, 858 121, 708
Public wrorks:
762
1, 008
725
Projects
number. _
Valuation,
thous. of doL. 42, 242 42, 929 58, 905
Utilities:
Projects
number..
410
Valuation.
thous. of doL. 21,614
Families provided for and indicated expenditures for building construction (based on
bldg. permits), U. S. Dept. of Labor indexes:
Number of families provided for. _. 1929=100.63.4
Indicated expenditures for:
Total building construction
do
New residential buildings
do
New nonresidential buildings
do
Additions, alterations, and repairs, .do
Estimated number of new dwelling units provided in all urban areas (U. S. Dept. of
Labor): t
Total
number..
1-family dwellings
do.....
2-family dwellings
do
Multifamily dwellings
do_
Engineering construction:
Contract awards (E. N. R.)§_. .thous. of dol._
73
73
64
62
75
64
64
86
76
74
69
26,101
29, 201 26 679
300, 504 328, 914 324 726
103, 450 111,578 147 316
197, 054 217, 336 177 410
3, 815
16, 610
88, 821
4,346
16, 971
90,164
93
78
85
77
94
81
90
82
83
34, 084 31, 528
28, 466 31,512 31,671
398, 673 414, 941 347, 651 383, 069 380, 347
204, 568 195, 293 143, 996 174,506 194, 591
194,105 219, 648 203, 655 208, 563 185, 756
115
90
34,959 ' 21,462
456,189 I 305,205
257,693 111,124
198,496 194,081
4 078
4,130
5,199
5,135
18. 028 23, 413 23, 654 23,431
91 995 138, 954 119,189 101, 295
20, 594 22, 939 20. 584 22, 387
33, 459 36,312 33, 537 36, 227
135, 420 145, 912 135, 274 140,430
1 789
74 433
1,686
85, 681
HIGHWAY CONSTRUCTION
Concrete pavement contract awards:
Totalf
thous. sq. yd-.l
Airports*
do _ I
Roads
do_
Streets and alleys
do.
ised.
v Preliminary. §Data for February, M a y , August, and October 1940 and January 1941 are for 5 weeks; other n
months, 4 weeks.
series. r u i mueAes of
and
New series, For indexes oi rayon n silk prices beginning 1926, see table 29, p. 18 of the M a y 1940 Survey. Earlier dat for concrete pavement contract a wards for
ill
issue.
airports will appear in a subsequent issue
"fFtGViSGCl Sf?riGS
Tnr^incft&ri c o r i o c r\r\
concrete
owing to
23
SURVEY OF CURRENT BUSINESS
April 1041
Monthly statistics through December 1939, to- |
gether with explanatory notes and references j
to the sources of the data, may be found in the
1940 Supplement to the Survey
1940
July
1941
August
September
October Novem- December
ber
January
CONSTRUCTION AND REAL ESTATE—Continued
HIGHWAY CONSTRUCTION—Continued
Status of highway and grade crossing projects
administered by Public Roads Admn.:
Highways:
Approved for construction:
Mileage
no, of miles
Federal funds
thous. of dol
Under construction:
Mileage
- - ._ . .no. ofmiles.
Federal funds
thous. of dol
Estimated cost
do
Grade crossings:
Approved for construction:
Federal funds
do
Estimated cost
do
Under construction:
Federal funds
do
Estimated cost
do
3,100
36,477
4, 264
46, 677
4,782
47,619
4, 633
46, 922
4, 645
50,515
4, 731
50, 724
4,034
43, 925
3.902
41,210
3,578
37, 242
3, 030
32, 356
2,892
33, 555
2,926
35, 949
3, 047
36,845
7,413
115,932
232,054
5, 966
92, 864
185,954
6, 347
98, 452
196, 974
7,306
106,063
211, 630
8,388
115,864
230, 819
8,915
121,248
242, 425
9, 612
126,761
253, 523
9,439
128,737
257, 567
9,390
131,614
264,589
8,906
127, 250
256, 691
8, 236
121,566
244,464
7,536
113,922
228,840
7,315
113,671
227, 763
10, 331
10, 719
12,617
13,193
12,133
12, 908
9, 810
10,420
10, 328
11,394
10,119
11,094
9, 652
10, 596
9,496
10,198
9,779
10, 214
9,473
9, 855
9,081
9,307
10,123
10, 781
10 573
11,065
33, 226
34,715
31,167
32, 775
31, 787
33, 272
34, 526
35, 819
36, 458
37, 751
37,013
38, 239
37, 682
39,010
38, 323
39, 674
35, 975
37, 543
35, 831
37, 226
34,813
36, 352
32,483
34,001
32,072
33, 592
212
209
231
194
216
203
191
221
184
211
202
189
221
183
210
203
190
221
183
210
202
191
220
184
208
202
191
220
184
208
202
192
220
184
209
202
192
220
184
209
206
195
225
190
212
208
198
227
191
214
208
198
228
191
214
212
202
230
194
217
212
208
231
194
216
193
187
187
187
187
188
188
189
189
191
192
193
193
96.0
131.0
118.0
118.8
96.5
131.3
118.0
119.0
96.6
131.9
117.1
118.9
96.7
131.9
117.2
118.9
96.5
132.1
114. 5
118.8
96.6
132.3
114.9
118.8
96.8
132.6
115.1
119.0
97.3
132. 8
115.3
119.4
98.0
132.9
115.5
120.2
98.0
132. 9
115. 5
120.2
98.3
133.5
116.1
120 5
98.7
133 8
116 9
120 8
98.1
133. 7
122.7
119.9
98.1
134.0
122.7
120.0
98.2
134.6
121.9
119.9
98.3
134.6
121.9
120.4
98.2
135.5
117.8
120.3
98.2
135.5
118.2
120. 3
98.4
135.7
118.3
120.4
98.7
135.8
118.4
120.6
99.1
135.8
118.6
120.7
99.1
135.9
118.6
120.7
99.3
136 3
119.0
121.0
99
136
119
121
96.8
130.3
118.1
118.6
96.8
130.6
118.1
118.8
97.0
131.3
115. 2
118.7
97.1
131.3
115. 3
119.1
96.9
131.1
113.1
118.9
96.8
131.2
114.0
118.9
97.1
131.7
114.3
119.2
97.8
131.9
114. 6
119.7
98.7
132.2
114.8
120.5
98.7
132.3
114.8
120.5
99.0
132.9
115.5
120.9
99 4
133.2
117 2
121 1
88.1
124.4
105.8
109.8
88.5
124.8
105.8
110.9
89.4
125 9
105.8
110.4
89.5
125.9
106.2
110.8
88.8
125.4
104.3
110.1
88.5
124.4
104.4
110.1
89.6
126.1
105.8
111.2
92.3
127.2
107.0
113.3
96.2
127.8
107.8
117.6
96.2
128.2
107.9
117.6
96.7
130 2
109.9
118.4
97.7
130 7
112 5
118 6
85.3
123.6
100.2
106.5
85.7
123.9
100.2
107. 9
86.8
124 4
100.2
107.2
87.0
124.4
100.5
107.8
86.1
123.6
98.6
106. 9
85.7
122.3
98.8
106.9
87.2
124.5
100.8
108.3
90.6
125.9
102.2
111.0
95.6
126.7
103.1
116.6
95.6
127.2
103.3
116.6
96.2
129 7
105 8
117.5
97
130
109
117
250.7
238.3
238.3
238.9
241.6
242. 2
242.2
244.1
245.0
247.2
249.1
249.7
250.5
114.6
111.0
121.9
106. 5
104.5
110.3
106.4
104.5
110.3
106.2
104 3
110 0
106.2
104 4
109 9
106.2
104.4
109.7
106.0
104.3
109.5
106.2
104.4
109.7
107.0
105.0
111.0
108.7
106.5
113.3
110.6
107.8
116.3
112.5
109.1
119.2
113.6
109 9
121.3
79,930
84, 357
88,074
89,379
84,689
92, 083
66, 754
56,878
54, 728
CONSTRUCTION COST INDEXES
Aberthaw (industrial building)
1914=100-.
American Appraisal Co.:t
Average, 30 cities
1913=100._
Atlanta
- .do __
New York
__do
San Francisco
do
St. Louis
_ - - -- ...do Associated General Contractors (all types)
1913 = 100..
E. H. Boeckh and Associates, Inc.:§
Apartments, hotels, and office buildings:
Brick and concrete:
Atlanta
U. S. av., 1926-29=100..
New York
do
San Francisco
do
St Louis
do
Commerical and factory buildings:
Brick and concrete:
Atlanta
do
New York
do
San Francisco
do
St Louis
do
Brick and steel:
Atlanta
do
New York
do _
San Francisco
do
St. Louis
- do
Residences:
Brick:
Atlanta
do ___
New York
do
San Francisco
-.
do _
_
St Louis
do
Frame:
Atlanta
do
New York
do
San Francisco
do
St Louis
do
Engineering News Record (all types) §
1913 = 100..
Federal Home Loan Bank Board:
Standard 6-room frame house:
Combined index
1936=100
Materials
do
Labor .
.. _ _ - _do-_ -
191
194
193
195
6
5
6
2
5
3
1
7
REAL ESTATE
Federal Housing Administration, home mortgage insurance:
Gross mortgages accepted for insurance
44, 980
63,602
thous. of dol.. 52,116
76, 874
Premium-paying mortgages (cumulative)
thous. of doL. 2,846,467 2,086,518 2,132,701 2,180,413
Estimated new mortgage loans by all savings
71,522
and loan associations, total.__thous. of dol__ 82,330
90, 368 108,001
Classified according to purpose:
Mortgage loans on homes:
20,152
Construction
do
26, 483
26,711
33, 764
25,389
30, 283
32,168
Home purchase
do
37, 821
14,59C
14, 204
16, 769
Refinancing ..
_ _ ._ . . . do
20, 859
3,437
3, 573
4,657
Repairs and reconditioning _ .
do
6,097
10, 063
Loans for all other purposes
do
7,954
7, 787
9,460
Classified according to type of association:
29, 786
35, 645
38, 241
Federal
thous. of dol
46 577
28,941
35, 301
36,484
State members
do
43 015
12, 795
11, 384
15,643
Nonmembers
do
18, 409
Loans outstanding of agencies under the Federal
Home Loan Bank Board:
Federal Savings and Loan Ass'ns, estimated
mortgages outstanding
thous. of dol.. 1,578,543 1,296,464 1,317,975 1,348,072
Fed. Home Loan Bks., outstanding advances
to member institutions
thous. of dol _ 156, 899 144,515 137,642 133, 811
Home Owners' Loan Corporation, balance of
loans outstanding..
thous. of dol.. 1,929,346 2,026,614 2,021,951 2,020,572
Foreclosures:
Nonfarm real estate
1926= 100
103
112
113
87
104
99
Metropolitan communities._ do
108
83
34,410
Fire losses
thous. of dol.. 26,102
29, 789
26, 657
2,233,991 2,288,348 2,348,663 2,411,632 2,479,964 2,559,984 2,628,851 2,706,353 2,785,138
114,542
106, 984
114,301
117,622
111, 775
114,400
94, 567
88, 553
80,440
36, 956
42, 049
18, 034
6,896
10,607
35,523
38,402
17, 147
5,691
10, 221
39, 907
40,658
17,649
6,115
9,972
42,488
40, 567
17, 762
6,079
10, 726
39,417
40, 947
15,483
6,283
9,645
41,610
40, 771
16, 840
5,756
9,423
32,584
33, 875
14,441
4,869
8,798
30,032
31. 465
14,575
4,248
8,233
26, 662
27,809
13, 645
3,784
8,540
49 287
45 803
19,452
47,435
42, 214
17,335
48, 676
45,414
20, 211
50,305
46, 807
20,510
46,480
45, 988
19,307
48, 307
46, 224
19, 869
38, 896
40, 143
15, 528
37, 715
36, 729
14,109
34 360
33, 947
12,133
1,376,700 1,405,100 1,432,100 1,461,867 1,487,974 1,515,392 1,533,246 1,546,270 1,564,168
137,509
157,397
162, 222
168,402
176, 047
181,526
185,547
201,492
170, 849
2,017,395 2,012,760 2,004,737 1,996,443 1,987,611 1,980,704 1,968,816 1,956,268 1,942,427
126
119
23,447
116
108
19, 506
111
108
20, 323
108
105
20, 722
111
106
21,198
111
106
22, 091
103
94
23,449
99
94
28, 617
9fi
90
26,470
^Beginning with the September 1940 issue of the Survey indexes computed as of the first of the month are shown as of the end of the preceding month. The Engineering News Record index is similarly shown in the 1940 Supplement as of the end of the preceding month.
tRevised series. Revised indexes beginning 1913 are available in table 44, p. 13 of the November 1940 Survey.
SURVEY OF CURRENT BUSINESS
24
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may he found in the
1940 Supplement to the Survey
1941
1940
1941
February
April 1941
February
March
April
May
June
July
August
Novem- DecemSepber
tember October
ber
January
DOMESTIC TRADE
ADVERTISING
Printers' Ink indexes, adjusted:
Combined index
1928-32=100,.
Farm papers
do
Magazines
do
Newspapers
.
do
Outdoor
do
Radio
do
Radio advertising:
Cost of facilities, total
thous. ofdol..
Automobiles and accessories
do
Clothing
do
Electric household equipment
do
Financial
do
Foods, food, beverages, confections. _ -do
House furnishings, etc
do
Soap, cleansers, etc
do
Office furnishings and supplies
do
Smoking materials
do
Toilet goods, medical supplies
do
All other
do
Magazine advertising:
Cost, total
do
Automobiles and accessories
do
Clothing
do
Electric household equipment
do
Financial
do
Foods, food beverages, confections
do
House furnishings, etc
do
Soap, cleansers, etc
do
Office furnishings and supplies
do
Smoking materials
do
Toilet goods, medical supplies
do
All other
do
Linage, total
thous. of lines..
Newspaper advertising:
Linage, total (52 cities)
do
Classified
do
Display, total
.
do
Automotive
do
Financial
do
General
do
Retail
do....
82.7
60.7
80.0
77.1
77. 2
306. 2
85.3
59.0
81.8
79. 9
83.6
289. 4
84.7
66.4
83.0
78.1
87.2
290. 8
89.3
69.1
85.1
83.2
86.2
325.2
84.6
62.5
85.8
76.9
82.0
358. 4
84.1
58.5
88.4
74.6
86.4
416.5
87.4
63.0
79.9
80.4
89.4
416.3
86.4
58.3
80.9
79.4
87.7
396.8
85.4
66.1
83.0
78.8
78.8
355.9
84.9
66.7
85.3
79.7
62.5
340.1
92.1
73.9
80.7
87.6
84.4
8,208
670
45
0
62
2.737
89
931
0
1,190
2, 210
274
7,928
728
56
0
92
2,383
90
963
0
1,283
2, 109
224
7, 086
680
54
0
81
1!, 039
85
846
0
1,157
1,926
218
7,137
498
35
0
94
2,095
87
977
0
],193
2,002
158
6,842
489
33
0
90
1, 889
79
907
0
1,224
1,897
235
87
2,018
91
874
0
1,169
2,088
385
9,832
742
50
0
92
2, 530
103
1,011
2
1, 302
2, 609
1, 390
9,016
724
74
0
91
2,480
93
949
16
1,281
2,365
943
9, 307
857
63
0
97
2, 664
105
1,001
17
1, 376
2. 626
503
r
722
33
0
74
2, 389
80
912
0
1,190
2, 126
201
7,273
506
1,263
2,350
396
7,800
634
32
0
59
2, 663
87
902
0
1,119
2, 084
' 220
12, 522
1, 584
592
245
380
2, 198
430
435
219
700
2, 135
3, 602
2,319
12, 314
1, 616
596
239
365
2, 129
475
478
166
598
2, 396
3, 256
2, 343
16, 261
2,483
1,095
585
458
2,477
730
497
263
824
2,723
4,124
2, 779
17,312
2, 986
1,024
747
481
2, 285
1,130
468
192
663
2, 576
4. 759
16.454
2,744
925
842
441
2,213
1, 134
514
235
702
2, 325
4,378
2,430
15, 648
2,415
807
657
504
2, 391
826
546
160
863
2, 420
4 069
2 014
10, 797
1,439
231
261
343
2, 138
304
413
80
762
1, 969
2, 857
1, 706
10, 005
1,215
487
149
283
2, 004
235
382
188
698
1,7
709
2, 656
1,888
13, 635
1,611
1,061
281
378
2,140
825
429
305
790
2,147
3, 668
2,410
16,626
2 742
1^ 216
525
452
2, 440
1,177
441
219
776
2, 433
4,307
2,432
15,861
2 427
'878
531
432
2,582
945
471
248
874 !
2,295 !
4,180 '
2, 460
13,589
1, 270
745
646
336
2, 003
' 684
240
345
682
2, 081
4, 558
1, 691
r
93, 963
20. 690
73, 272
5, 250
1,432
14, 806
51, 784
93,240
19, 295
73, 945
4, 224
1, 494
15, 740
52, 487
114,255
22, 945
91,309
5,620
1,799
17, 645
66, 246
111,989
23, 083
88, 906
7,007
1,838
17,824
62, 237
119,883
23, 936
95, 948
7,812
1,477
19,427
67, 231
103. 290
23, 216
80, 074
5, 639
1,485
17,069
55, 880
84, 440
21,194
63, 246
3,628
1,827
13, 043
44,748
92, 041
21, 964
70, 077
3,619
1.196
12, 046
53.216
106, 701
22, 328
84, 373
5,035
1,322
14, 540
63,469
118, 784
22, 786
95, 997
6, 471
1,606
18,511
69,409
73.0
72.1
72.2
1,966
1,998
2,250 i
2,087
1,619
1,500 I
1,682 !
1,628 |
1,683
1,597 !
59. 4
80.9
80.5
8, 149
705
00
1
95
2,311
47
915
0
°0
113, 191
21, 071
92, 119
4, 973
1, 359
16, 796
68, 992
122, 786
21, 918
100, 868
4,124
1,742
13, 549
81, 452
82.9
63.4
72.6
77. 7
79.8
9, 130
786
60
(°)
110
' 2, 584
69
r
1,052
17
1,416
' 2, 641
396
r
8, 714
1, 056
305
94
321
1.615
265
T
190
137
672
1. 177
2,882
1,888
93. 171
21,353
71,818
3. 663
2, 295
12! 544
53,315
GOODS IN WAREHOUSES
Space occupied in public-merchandise warehouses
percent of total - -
r
73.9
75.1 |
75.8
1,479
1, 792 |
2. 084
71.0
72.1
1,710
1,537
1,632
1,719
1,673
1, 866
4, 151
4, 226
38, 218 I 40,144
4,134
39, 472
3,901
39, 041
4,527
42, 719
4,373
41,646
4,914
45,154
4, 879
44, 982
13,928 I 13, 138 13, 106
13,624
103,120 I 97, 135 100, 955
00,793 |
1,430 j 1, 362 !
1,450
1, 519
13,106
102, 390
1,494
12, 469
99,068
1,248
15,096
119, 500
1,478
14,177
111,864
1,843
15,876
123, 430
1, 719
14, 541
111,638
1,328
28, 974
3, 568
30, 325
3,572
35, 233
4, 194
33, 201
3, 686
NEW INCORPORATIONS
Business incorporations (4 States)
number..
1, 712
POSTAL BUSINESS
Air mail: Pound-mile performance-..millionsMoney orders:
Domestic, issued (50 cities):
Number
.
thousandsValue
thous. of dol.
Domestic, paid (50 cities):
Number
thousandsValue
thous. of doL
Foreign, issued—value
do _ .
Receipts, postal:
50 selected cities
do. _ .
50 industrial cities
do...-
4,246
39,065
12,945
95,124
1, 467
30, 536
29, 736
3, 663
4,664
42, 937
I
14,373 !
106,197 j
1
1,775 !
[
32,657 |
3, 993 !
4,503 j 4,309
40, 028
41, 548
31,615
3,923
32,265
3, 786
28,008
3, 451
1,634 I
I
27,626
3, 565
45, 390
5, 539 I
32, 316
4, 001
RETAIL TRADE
Automobiles, value of new passenger-car sales:
r
129. 6
136.2
133. 9
147.9
100.7
70.9
145.1
131.1
140.1
143.5 | 118.3
Unadjusted
1929-31 = 100.
r
121.6
154. 3
112. 5
112. 5
104.1
128.6
133.4
120.2 '
122.7
119.5
130. 8
Adjusted
do_
Chain-store sales, indexes:
Chain-Store Age, combined index (20 chains)
128.0
124.0
117.0
115.0
130. t
119.0
121.0
124.0
120.0
114.0
122.8
115.0
119.0
av. same month 1929-31 = 100
149.0
133. 0
128.0
133. C
123.0
12C.0
119.0
137.0
136.0
134.0
132.0
122.0
132.0
Apparel chains
do. _.
Drug chain-store sales:*
' 104.1
v 99. 1
98.7
' 140. 3
95.5 |
102.2
96.6
102.2
99.4
105. 2
104.7
Unadjusted
1935-39 = 100
r
r
102.1
103.8
104. 8
108. 7
•J 106.0
102.7
107. 6
103. 2
105. 3
98.7 |
102.7
99.9
103.8
Adjusted
do...
Grocery chain-store sales:
120. 8
118.4
112.1 I 112.0
114.0
110.2
112.8
123. C
113.2
115.3
112.4
110.0
109.9
Unadjusted
1929-31 = 100
r
122. 1
117.2
111.5 I 110.9
112.3
111.1
112.4
123.C
109. 9
114.6
115. 3
112.2
111.8
Adjusted
.do...
Variety-store sales, combined sales, 7 chains: i
T
99.3
80. 5
225. 2
101. 7
99.5
103.9
112.9
83.5
92.1
P91.5
97.6
108.0
95.8
Unadjusted
1935-39= 100.
105. 4
105. 2
' 110.0
104.4
110.3
109.7
115. 3
109.2
105.3
103.2
108.1
109.7
106. 5
A d justed
do _.
Chain-store sales and stores operated:
Variety chains:
H. L. Green Co., Inc.:f
3, 846
3,751
7,972
2, 890
2, 774
3, 784
3,536
3,334 !
4, 395
3,992
2, 996
3, 279
3. 657
Sales
thous. of doL
151
151
150
149
151
149
150
150
151
Stores operated
number.
151
150
151
S. S. Kresge Co.:
11,815
12, 206
9, 409
11,643 j 10, 458
24, 683
12, 626
11,757
9, 543
10, 870
13, 290
10, 150
Sales
thous. of doL
10, 498
675
676 j
675
675
681
Stores operated
number
678
675 |
678
684
682
684
675
677
!
S. H. Kress & Co.:
6,897
6,838 !
7,659
5, 921
6,310 !
6,839
7,514
15, 732
6,222
6, 514
6,691
5, 603
6,401
Sales
thous. of dol_
242
239
239 !
242
242
241
239
239
239
Stores operated
number.
242
239
239 |
McCrory Stores Corp.:
2,926
3,507 I
3,334 I
3,246
3,377
4, 058
8,028 !
3,611 !
3,626 |
2,9
3,768
3,224
Sales
thous. of doL
199
202
202
203 ;
202
' 204
203
203 j
Stores operated
number.
201
199
203 i
202
202 I
' Revised.
v Preliminary.
« Less than $500.
fRevised series. Revised indexes of variety store sales beginning 1929 appear in table 30, p. 10 of the August 1940 Survey. H. L. Green Co. data revised beginning
February 1939; for an explanation of the revision and revised data, see notes marked with a " t " on p. 24 of the September 1940 and December 1940 Surveys.
*New series. For data beginning July 1934, see table 1, p. 11 of the November 1940 Survey,
25
SURVEY OF CURRENT BUSINESS
April 1941
Monthly statistics through December 1939. together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
11M 1
1941
1940
lrt.ni
March j April
i May
June
October
July
November
December
January
DOMESTIC TRADE—Confirmed
RETAIL TRADE—Continued
Chain store sales and stores operated—Con.
Variety chains—Con.
G. C. M u r p h y Co.:
Sales
thous. of doL
Stores operated
number.
F . W . Wool worth Co.:
Sales
thous. of doL
Stores operated
number.
Other chains:
W. T . Grant Co.:
Sales
. . . thous. of dol
Stores operated
number.
J. C. Penney Co.:
Sales
thous. of dol.
Stores operated,
number.
Department stores:
Collections, ratio to accounts receivable:
Instalment accounts
percent.
Open accounts
do.. _ _
Sales, total U . S., u n a d j u s t e d . . . 1923-25=.100.
Atiantaf
1935-39=100.
Boston
1923-25= 100.
Chicago
do. - .
Cleveland
do.._
Dallas
do
. 1925=100
Kansas City
.193.5-39=100.
Minneapolist1M2-5 2")- 100
Xew York
do
Philadelphia
do
Richmond
do
st Louis,
do
^an Ftancisio
do
ales, total I S . l ( i ) l l i t l ( l T
19 5) W H/0
Vtlantat
1921 2') -100
Chicago
do
Cleveland
do
I) \ll Is
Mrnne ipolisf
192$ 2") - 1 0 0
Now Yoik
do
Philadelphia
do
St Louis
_ .. .
do
San Francisco
I n s t a l m e n t sales, \ e \ \ fusil m d dept -toi(>
peicent of tot il siles
Stocks, total lT S , fMii] of m o n t h
Unadjusted
_ 192? 2 " - 100
ll listed
do
Mail order and stoic siles
thous of dol
Totil siles, 2 companies
do .
\iontsomei v Wird < Co
\
_
do
seats, Roebuck & Co
Rui il s iles of uenei U met (h m
1929 51- 10d
Totil {> S , unadjusted
do
East
do
south
do
Middle West
do
Far West
do
Total U S , adjusted
do
East .
do
South
do
Middle West
do
Far West
3, 531
204
3,134 j
202
4,069
202 |
2, 023
22, 117
2,015
27. 545
2,016
, 771
102
6, 109
492
S. 101
492
23, em
18,345
1,587
78
84
101
76
79
79
M
9}
S!
M0
Uli
127
l
)S
A),
us
IDS
16,029 I
17.2
44.6
71
100
53
74
73
91
70
70
69
53
83
73
83
90
115
92
93
107
107
86
'09
85
99
21, 469
1, 560
17.9
45. 4 |
86
123
69
23. 774
2,014
4,300
203 I
26. 067
2.015
21, 181 I 23.599 j
1,562 I 1,562 j
16! *
s
110 J
1 11 1
177 4
1 J,s 7
1 «) 1
24,737
1,568
3,966 |
202
4,370
202
3, 923
202
4.612
202
4,884
202
9,042
204
3, 479
204
26, 828
2,014
25, 197
2, 021
28, 634
2, 024
29, 688
2, 023
54,571
2, 025
22, 008
2,021
698 I
8. 750
493
8.276
493
10.172
494
10.569 j 20. 030
494 i
494
6, 655
494
20,882 !
1,568
24, 492
1,575
24,791
1, 578
29,584
1, 582
45,716
1, 586
20, 284
1,586
24, 507
2.013
86
110
87
102
82
69
110
91
95
89
120
94
91
112
99
89
71
92
102
71
70 j
17.3
46. 8
89
114
74
93
94
105
86
109
85
74
120
88
95
89
115
92
87
10.5
110
88
74
88
99
16. 5
45.9
87
98
75
92
93
90
76
106
89
73
112
82
88
91
115
94
95
102
107
92
75
89
97
45.4
64
81
51
65
67
76
66
80
67
50
83
66
83
92
118
92
92
108
113
94
73
95
101
16.9
44.1
77
107
62
86
84
94
86
110
76
60
104
78
98
98
123
107
101
122
125
101
80
104
104
16.7
42.4
105
132
80
104
107
127
91
115
108
79
128
106
103
97
122
100
102
115
101
104
79
99
100
9.6
7.5
10.0
15.1
11.2
71
69
70
68
64
67
61
66
69
73
70
106,417 | 88,565
43, 104 ! 37,213
63,313 ! 51,352
101,512
42,692
58, 820
111,622
45, 972
65,650
96. 4
119.4
120.4
121.2
110.2
150.5
146. 0
151. 1
168. 1
133. 6
163. 4
71
91
90
99 |
85
109
83
65
10.5
90
90
89
111
92
88
103
110
90
69
92
96
71.366 I 89,741
102,228 j 111.883
30.530 ! 38,842 j 45.856 | 45,905
40,836 J 50,899 j 56.372 j 65,978
107.0 I
106.0 I
13(5.9 j
96. 8 i
114.8 I
132.3 :
129. 6 :
150.1 !
121.8 !
155. 1 1
26.020 |
2,015 !
8,911 !
492 j
7 620 !
492 j
17.8
46. 5
86
104
4, 398
202
9 5
92 i
11.9
68 !
71 I
3, 585 |
203 !
120.0 |
151.6 '
110. 9 :
120.2 ;
136. 6
133.6 !
167.9
125. 1 i
146. 0 ;
1 1.5.3 j
115.2 ;
134.1 ;
105. 1 :
127.0
125.4
120.8 ;
152. 5 '
122.8
126.3
135.8
114.0
138.4
133. 8
137. 3
160. 1
120.4
153. 9
133. 1 i
132.0 '
116.4
146.7
137.7 ;
145.0
164.9
123.3 !
153.9 i
102.6
88. 1
121.9
132. 1
134.4
151. 1
119.4
148. 0
135.
] 36.
163.
117.
163.
127.
139.
148.
114.
139.
17.7
47. 1
101
125
91
101
97
111
95
127
108
1,586
18. 1
48.7
114
141
92
113
116
131
99
118
120
100
148
112
116
100
129
103
108
117
117
101
82
96
110
44. 9
179
223
145
173
178
201
158
173
184
148
239
167
188
101
129
103
104
116
93
69
81
75
96
102
81
101
109
92
78
55
99
80
90
101
122
101
100
126
115
99
77
100
109
83
72
66
71
64
71
133,857 I 127,938
56,937 | 54,613
76,920 j 73.324
166,723
70, 850
95, 873
83, 466
33, 495
49, 971
233. 7
256. 2
268. 3
210.6
245. 2
146. 1
153.9
178.7
135,0
150. 2
110.9
112.3
139.0
102. 3
110.5
145.7
147. 7
175. 7
133.7
150. 3
149
101
103
94
112
92
94
99
106
95
75
89
99
10.5
79
71 j
158. 4
167.1 j
207.9 j
138.3 I
165. 9
122.0
129.8
140.3
108. 9
138. 2
179.4
176.0
233. 9
164. 5
186. 5
137. 9
136.6
170.3
125. 5
153. 8
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Employment estimates (U. S. Dept. of Labor): j
Nonagricultural employment, total*
j
thousands, _
Employees in nonagricultural establishments, total
.. ..thousands...
Manufacturing.. . . . .
..do....
Mining
_-_
__. . . d o . . . .
Construction__.
do
Transportation and public utilities .do
Trade. _
do ...
Financial, service, and misc
do ..
Government
do
Military and naval forces*
do
Manufacturing, unadjusted (U. S. Department
of Labor) f.
_.. 1923-25 = 100
Durable goodsf
.
do .
Iron and steel and their products, not in- |
eluding machinery ______ ..1923-25 = 100 |
Blast furnaces, steel works, and rolling j
mills
_ 1923-25= 100 . \
Hardware
do...|
Structural and ornamental metal work
j
1923-25=100.. j
Tin cans and other tinware
do
|
Lumber and allied products
do . . j
Furniture.
. ._
do., j
Lumber, sawmills.
do
I
r
36. 5*4
34, 381
34, 578
34, 607
34. 898
i5, 146
35, 176
35,617
36, 233
36, 572
36, 685
37. 299 '36,319
30. 441
10.671
857
1, 657
3, 015
6, 170
4. 155
3. 916
1.145
28. 238
9. 699
854
939
2. 941
6, 026
4, 084
3. 695
450
28, 435
9. 652
849
991
2, 940
6,201
4,100
3, 702
457
28, 464
9. 557
'835
1, 118
2, 956
6, 122
4. 160
3, 716
461
28. 755
9,511
845
464
29, 003
9, 545
838
1,321
3. 032
6. 254
4. 214
3. 799
474
29, 033
9. 554
837
1, 378
3,059
6, 159
4,218
3, 828
516
29. 474
9,878
839
1, 443
3, 081
6, 168
4.226
3, 839
549
30, 090
10.184
846
1,511
3.120
6,321
4, 255
3. 853
634
30, 429
10, 373
856
1, 654
3, 121
6,362
4, 187
3,876
733
30, 542
10, 434
853
1,709
3,065
6, 433
4,167
3,881
822
31, 156 ' 30, 176
10. 553 r 10, 495
855
- 852
r
1.714
1, 623
3, 039 ' 3,012
r
6,884
6,165
4, 180 ' 4, 142
r
3,931
3, 887
884
958
117.7
120. 8
105. 0
99. 2
104. 4
99.1
103. 2
98.7
102. 5
99. 2
103. 1
99.8
103. 2
98.4
107.4
102. 4
111. 4
108.2
113.8
112.8
114.7
115.5
116.2
117.6
101. 9
103. 7
106. 2
110. 7
113. 6
117. 1
119.3
' 121. 5
122.1
133. 0
114. 8
117.4
101. 3
111.5
98. 8
108.4
98. 1
109. 1
95.9
114.3
81.6
119.0
82.9
122.1
95.8
123. 2
101.2
125 2
105^ 3
127.3
109.0
129. 5
112.5
131.3
112.8
96.0
102.5
71.7
96.1
62. 5
71.6
02. 7
66. 7
89. 0
59. 1
70.
93.
66.
88.
59.
70. 0
94.8
66. 9
86.4
60. 3
71, 1
95. 6
68.0
87.3
61.9
73.5
102.8
68. 3
88. !
61.9
76. 0
105. 9
68. 2
87.7
61.5
79.9
108.1
71.3
91.0
64.9
83.4
105. 2
73.4
94.6
66. 3
85. 6
101.-1
74.4
96.8
66. 6
86. 5
100. 2
74. 4
97.0
66. 1
90. 4
98. 9
73.7
97. 4
64. 7
124.8
3
7
8
7
5
1. 249
3, 000
6. 197
4, 202
3. 751
p
115.5
••118.3
r
93. 4
99. 8
' 71.3
93. 7
' 62. 5
r
p
Revised.
Preliminary.
tRevised series. Indexes of department-store sales in Atlanta and Minneapolis districts revised beginning 1919, for Atlanta, see table 53, p. 16 of the December 1940 Survey:
Minneapolis data will appear in an early issue. For revisions in adjusted index of United States department-store sales for 1935-39, see note marked with a "r/" on p. 25 of
the January 1941 Survey. For revised indexes of employment, beginning in 1937 for all industries and nondurable goods and January 1938 for durable goods, see table 12, p. 18
of the March 1941 Survey.
•New series. For data beginning 1929, see table 11, pp. 17 and 18 of the March 1941 Survey.
302601—41—4
26
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
April 1941
1940
April
May
June
July
1941
August
September
Novem- Decem- i JanuOetober
ber
ber
ary
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Mfg., unadj. (U. S. Dept. of Labor)—Con.
Durable goods—Continued.
113.1
142.3
113.1
113.6
113.9
115.1
116. 1
119.2
123.1
127.3
'131.2
' 136.0
' 139.9
Machinery, excl.transp.equip_1923-25=100.Agricultural implements (including trac141.1
143.7
143.6
141.4
139.6
137.3
130. 6
131. 2
123.5
134. 9
136.6
143. 2
r 149< Q
tors)
1923-25 = 100
Electrical machinery, apparatus, and
101. 6
134.6
101.7
101. 5
101.9
103. 3
103. 8
106. 6
111. 2
116.1
120.6
125. 6
r 230. 1
supplies
1923-25=100
Engines, turbines, water wheels, and
r
133. 0
234.3
134.5
140.2
148.9
158.1
190.4
167.5
174.8
182.2
'201.0
'211.8
223. 2
windmills
1923-25 = 100
Foundry and machine-shop products
97. 6
119.1
97.2
97. 2
96.5
96.9
98.0
103.4
106. 7
110.1
100. 5
114.1
' 117.4
1923-25=100..
204. 8
300.0
211.0
257.9
265.9
216.3
229.1
248.0
234.8
237.5
221.1
276.0
Machine tools*
do-.-.
' 286. 2
126. 3
142. 3
121.7
128. 3
136.5
141.0
143.4
163.6
159.4
157. 1
159.5
158.0 I ' 147. 0
Radios and phonographs.. .
do
r
107. 2
134.4
107.1
105. 6
105. 3
106.6
107.0
119.8
126. 1
129.9
131.2
113.8
' 131.2
Metals, nonferrous, and products
do
r
128. 3
176.0
128.7
125.8
127. 1
129.6
154.9
162.4
146. 6
125. 5
138.2
168.1
171.5
Brass, bronze, and copper products do
r
r
75.5
86.5
77,7
80.5
82.0
82.9
82.4
85.8
87. 5
88.6
84.5
'88.7
85. 8
Stone, clay, and glass products
do
r
52.9
63.2
54. 4
58. 0
60.9
63.1
64. 1
64.7
65.0
'64.8
65.2
64.4
'64.8
Brick, tile, and terra cotta
do
102. 5
115. 0
103. 2
105. 3
104. 9
117.0
r 114.3
104.4
113.2
103.3
109.3
106.9
116.8
Glass
.
- do
158. 5
116. 1
118.5
116. 9
116.7
114.3
139.5
146. 0
99.7
126. 9
146.2
Transportation equipment!
do
105.1
r 152.6
Aircraft*
do _. 5, 389.4 2, 302. 6 2, 379.4 2, 474. 3 2, 676.4 2, 913. 5 3,146.6 3, 478. 6 3, 764. 3 4,115.9 4, 402. 3 '4,684.1 r 5,031. 2
r
131.8
114.4
112.0
104.9
129.5
109.8
125.1
113.1
Automobiles
- - do ._
82.3
112.1
129. 3
85.4
128.3
r
255.0
142.7
152.8
204. 2
150. 7
Shipbuilding*
do
158. 2
162.8
197.4
r 240. 4
170.2
188.1
221.0
181.1
114.7
r 112. 7
113.9
110. 5
109.5
107.5
' 114.9
Nondurable goods!
_ do105.6
106. 2
114.4
114.8
107.8
112. 2
Chemical, petroleum, and coal products
r
121.0
127.9
122.8
123. 4
120.8
119.0
118.5
119.4
123.0
125.3
' 125. 6 ' 125.8
126.1
1923-25=100..
136. 1
155.0
135. 6
135. 2
136.2
138. 3
143.4
145.6
148.0
149.9
140. 4
r 152.0
141. 6
Chemicals
do
128.8
123. 2
123.5
124.4
125.9
125.1
' 125.9
r 126. 3
126. 4
126. 1
Paints and varnishes
do
124.6
' 126.0
123! 5
119.0
120.9
120.7
121.8
121.1
Petroleum refining. ...
do
122.6
121.2
123. 2
122.9
121. 3
122.7
119.8
' 119! 1
317.5
313.3
309.0
305. 8
304.3
306.0
311.7
314. 5
306.9
311. 1
315.1
307.7
313. 5
Rayon and allied products...... . . do....
r
119.1
118.8
118.8
119. 7
121.7
129.7
135. 4
147.4
141.8
132. 5
130. 5 r 121.2
145.8
Food and kindred products
- do
142. 7
142.3
142.5
144.8
147.0
145.9
145. 5
143.1
147. 1
146.6
144.1
146.6
140. 5
Baking. _.
do
110.5
108. 6
107.4
103.6
105. 7
108. 2
111.1
108.0
109. 6
116,2
125.0
106.8
'116.3
Slaughtering and meat packing
do . tt6.9
99.3
98.2
94.2
86.8
86.8
91.6
92.0
90.8
90.0
87.0
90.6
'93.4
I/Father and its manufactures-. .... . do .
95.1
98.3
97.7
93. 1
84.6
84.8
89.7
88.4
84. 1
90.7
88.0
91.1
'91.4
Boots and shoes
. do
117.5
114.6
1J4.4
113.8
115. 0
114. 5
114.7
115. 2
116. 2
117.6
118.5
119.9
r H7.0
Paper and printing
do
r
117.2
115.7
113.0
116.2
115. 1
112.6
112.0
Paper and pulp . _ _
_ _
do
115.2
116.7
115.9
117.1
116.9
115.7
100.8
94.4
88.0
87.2
84.7
83.4
89.4
92.6
83.8
83. 5
Rubber products -.
.do _,
85.9
97.5
'98.8
78.8
73.0
72.3
69.7
69.0
68.5
69.3
70.5
72.6
73.9
75. 2
76.9
77.9
Rubber tires and inner tubes—... do
110.0
105. 5
102.9
98.8
96.0
93.7
104.5
105. 5
94.5
102. 6
107.1
99.7
' 106. 4
Textiles and their products!-.do
101.6
95. 5
90. 7
88.3
87.0
85.7
92.8
96. 1
98.7
100.4
r 99_ 7
88.0
90. 4
Fabrics f
do
124.1
123. 7
126.6
118.6
Wearing apparel
do 112.2
107.9
120.7
' 116.2
118.9
104 9
' 117.2
116.7
' 116. 8
63.9
61.7
63.8
66.8
63.6
64.9
65.8
66.5
Tobacco manufactures
do
62. 2
62.4
64.4
65.6
'60.8
Manufacturing, adjusted (Fed. Reserve)!
r
118.4
104.0
102.8
102. 8 ' 103.9
111.4
1112
105. 8
105. 1
108. 9
107.4
116. 6
118-3
do
121.8
100. 2
98.6
97. 7
97.9
99.0
100.4
107.4
111.2
114.6
117.5
' 121.1
104. 3
Durable goodst
do
Iron and steel and their products, not in125,3
107. 0
102.7
100.8
101.2
03. 7
107.3
112.9
116. 1
118.9
122.4
124.6
111. 1
cluding machinery
1923-25= 100Blast furnaces, steel works, and rolling
132
117
110
107
109
115
123
125
127
120
130
123
133
mills
1923-25= 100.
114
109
98
97
82
95
102
105
101
84
113
98
' 113
Hardware
do
Structural and ornamental metal work
100
75
72
71
71
73
75
84
86
91
78
81
96
1923-25=100..
110
100
98
103
99
100
96
99
97
104
100
98
' 107
Tin cans and other tinware . _._ - do
75.3
73.6
70.0
67. 2
67.4
Lumber and allied products
do
67.9
70.6
71.3
68. 1
75.2
67 5
' 76.3
69. 0
98
93
90
91
90
90
Furniture
.do
90
89
91
91
96
97
90
67
66
63
60
61
Lumber, sawmills
do
64
64
60
67
61
60
62
68
143.0
113.6
113.4
130.9
113.3
Machinery, excl. transp. equip
do
113.4
114.9
122.4
116.6
126.6
135.8
120.0
'141.3
Agricultural implements (including trac140
137
136
133
136
136
133
139
141
143
140
143
'147
tors) . . . . . .
1923-25 = 100. .
Electrical machinery, apparatus, and sup135
102
102
102
101
103
104
107
111
116
120
126
131
plies . . . . .
...-1923-25 = 100Engines, turbines, water wheels, and
237
134
132
134
142
152
165
175
181
195
210
218
237
windmills
1923-25 = 100
Foundry and machine-shop products
119
98
97
97
96
97
98
101
103
107
118
114
118
1923-25 = 100299
204
209
215
220
228
247
257
265
275
237
247
'286
Machine tools*.
. . . _ do _.
162
144
142
145
153
144
134
155
149
Radios and phonographs
do 145
145
138
' 155
134.8
126.3
107.5
Metals, nonferrous, and products
do
108.2
122.3
106.6
105. 9
106.0
110.7
118.6
129.4
115.7
133.4
176
127
125
124
128
153
162
128
132
147
168
' 173
140
Brass, bronze, and copper products.do
92,4
80.8
80.0
79.8
78.9
79.8
81.3
83.0
84. 7
88.4
90.6
' 94.5
81. 8
Stone, clay, and ulass products
do
73
65
59
Brick, tile, and terra cotta
do
59
58
69
61
58
60
61
61
60
115
117
103
104
103
109
105
Glass
— _ do. _
_
105
112
103
107
117
' 120
154.1
112. 1
112.5
111.2
' 143. 7
Transportation equipment!
do
110.7
140.2
145.0
111.8
' 130. 2
' 150. 4
120.9
111 6
5,444
4,523
2,326
2,356
2,426
2 829
4,243
Aircraft*
_ _ . . _ _
- do
2,598
3,881
4,734
3, 115
S.479
' 5, 082
124
126
107
107
106
102
97
'116
125
123
Automobiles
do _
105
107
' 123
260
204
148
Shipbuilding*
do
148
154
164
187
195
220
146
175
186
' 244
r
115.2
113.8
111.1
' 109.2
Nondurable goods!
.
. do . 107.6
107.4
108. 4
115.9
109.6
110.2
110.3
' 111.5
115.6
Chemical, petroleum, and coal products
127.4
120. 6
120.0
121. 1
122.0
122. 4
121.7
122. 2
121.7
122.9
123.9
125. 1 ' 126. 6
1923-25 = 100157
138
137
136
137
141
143
147
138
138
151
141
154
Chemicals
do
130
127
124
124
Paints and varnishes
.
do 123
121 !
122
124
127
125
126
128
130
120
122
120
Petroleum refining
__
. do^ .
123
122
122 1
121
121
123
122
120
122
' 120
313
309
304
311
Rayon and allied products
do
312
315
309
310
308
314
310
311
306
132.4
130.8
130.3
Food and kindred products
do. _ 131.0
_
128.8
131.9
135.5
129. 1
129.0
126.9
129.8
130. 1
132.9
145
144
144
145
144
Baking. . . . .
do
145
146
144
144
144
146
146
143
111
109
114
110
107
107
109
Slaughtering and meat packing
do
111
109
110
121
108
112
93.2
95. 4
93.8
91.9
93.8
87.9
89.6
89.9
91.1
94.3
90.9
89.1
' 93 3
Leather and its manufactures . . - . do
91
94
93
92
90
88
Boots and shoes
do
86
00
93
89
88
' 91
87
117.6
114.8
114.3
114. 7
Paper and printing
. do115.3
' 116.8
116.4
115.7
' 116.1
117.7
115.7
116. 4
' 117.4
117
113
112
116
113
Paper and pulp
- — . do— .
115
116
117
117
115
117
116
116
100.5
87.9
83.9
93.6
Rubber products
do
86. 7
83. 5
£4 2
87.0
91.6
96.8
84. 7
89. 7
99.0
79
73
72
75
70
Rubber tires and inner tubes
do
69
69
74
69
78
77
71
78
107.0
102. 7
99.1
96.3
' 105. 3
96.6
lfil. 1
107.2 i ' 107. 3
101.9
102.6
96.8 ! 100.2
Textiles and their products!
do
99.0
97.7
87.8
93.1
88.6
87.7
95.2
Fabrics!
_ ...
. — do. —
88.0
98.7
92.6
93.5
91.3
'98.8
120.4
120.0
112.4
118.1
118.8
112.4
116.4
114.8
122.0
Wearing apparel
do.
116. 1
116 1
' 122.1
111.6
65.1
62.7
64.3
65.0
65. 2
63.4
Tobacco manufactures
do
63.2
62.8
63.0
63.3
64.7
63.7
'66.3
' Revised.
!Revised series. Slight revisions were made in data for textiles and products and fabrics beginning 1933; revisions not shown on p p . 25 and 26 of the M a y 1940 Survey are
available uposi request. Index for transportation equipment revised beginning January 1939; see table 57, p . 17 of the December 1940 Survey. For revised indexes of employment, beginning in 1937 for all industries and nondurable goods, and January 1938 for durable goods, see table 12, p . 18 of the March 1941 Survey.
*New series. For indexes beginning 1925 for machine tools and shipbuilding, and index for 1931 through 1938 for aircraft, see tables 39 and 40, p p . 15 and 16 of the October
1940 Survey; for aircraft indexes (revised) for 1939, see table 57, p . 17 of the December 1940 Survey.
April 1941
27
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the February
1940 Supplement to the Survey
1940
February
March
April
May
June
July
1941
August
September
October Novem- December
ber
January
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Manufacturing, unadj., by States and cities:
State:
110.2
96.9
107.7
96.1
98.5
98.9
100.9
99.3
108.9
108.7
' 111.4
110. 2
104.9
Delaware
1923-25=100,.
119.3
105.3
105.9
104.0
104.4
105.4
118.9
118.4
113.9
116.2
Illinois t
1935-39 = 100..
107. 1
110.0
112.2
144.4
134.6
135.7
134.9
136.5
137.6
151.1
144.8
142.4
147.0
Iowa
1923-25= 100..
136. 2
137.3
138. 9
118.9
105.2
104.0
105.4
106.0
106.4
116.3
117.4
113.3
115.3
Maryland
1929-31 = 100.108.9
110.5
111. 6
90.7
78.0
80.7
76.3
74.9
74.6
87.6
87.0
84.9
85. 3
Massachusetts
1925-27=100.77.7
79.9
82.5
123.1
103.7
103.5
103. 1
103.8
105.6
120. 5
120.0
116. 6
118.0
New Jersey
.
1923-25=100..
106.0
111.3
115.4
r
107.2
91.8
91.1
89.6
88.7
88.9
103.6
103. 5
99.7
101.0
New York
. . . . 1925-27=100..
89.6
93.3
97.2
110.8
94.3
95.3
93. 1
92.9
94.1
107. 0
108. 2
103.6
105.2
Ohio
1926=100..
94.2
97.4
100.9
r
98.3
86.8
'88.4
85.3
84.3
85.5
96. 4
' 96. 2
93.9
95.2
Pennsylvania
1923-25=10087.0
89.6
91.3
106.9
95.2
94.3
94.3
95.6
107. 6
107.3
93.6
104.2
105. 2
Wisconsin!
.
1925-27=100.95.0
97.0
100.2
City or industrial area:
100.8
116. 4
105. 7
102.7
102.6
108.0
103.5
102.6
108.8
110.3
111.7
113.1
113.5
Baltimore
1939-31 = 100..
105.8
117.6
105.2
104. 6
103.7
104.4
113.2
115.9
119.3
118.7
Chicagot
1985-39=-100..
106. 7
108.7
110.9
94.6
114.1
95.3
96.9
96.2
97.0
107.8
109.4
110.0
112.4
Cleveland
.
1923-25=100..
97.7
101. 3
103. 7
r
109. 9
122.1
110.3
96.0
108.8
102. 6
120.2
122. 0
121.5
123.0
Detroit
do
64. 1
93.4
111.6
97.2
119.0
99.9
100.0
99. 1
99.4
110. 5
111.2
113.7
115.3
Milwaukee..
. . . . . 1925-27= 100_.
97.5
101.4
105. 5
95.9
109.9
98.4
88.4
93.7
91. 1
102.5
102. 5
103. 0
104.8
New York
.
do
86.2
97. 1
101.6
86.6
99. 1
84.7
83.0
83.7
82.0
93.7
95.7
' 96. 7
Philadelphia
1923-25=100.97.1
84.5
87.9
91. 1
r
90.0
103.5
88.4
89.6
86. 1
86.2
96.6
98.4
101.6
Pittsburgh
do
100. 1
91. 1
93. 1
94.0
r
88.0
101.5
88.6
89.6
90.0
89.9
93.4
95. 7
Wilmington
do
99.6
102. 3
87. 5
88.8
90.6
Nonmfg., unadj. (U. S. Dept. of Labor):
Mining:
50.6
52.2
50.5
49.9
49.8
51.6
51.2
51.8
49.7
49.4
50.4
Anthracite
1929 = 100..
50. 8
50. 3
90.8
89.7
91.7
85.1
83.8
86.2
89.2
89.8
Bituminous coal
do
' 90. 1
89.9
84.9
86. 6
87.7
73. 0
66.2
66.3
69. 2
70.3
72. 6
72.5
Metalliferous
.
do
67.7
72.2
72.4
71.0
71.5
72.5
00. 0
63.2
63.0
63.3
63. 8
62. 4
61.3
Crude petroleum producing
....do
63. 1
' 60. 7
60.2
63. 7
63.6
63.0
42.3
41.0
8S.3
46. 9
47.9
47.2
Quarrying and nonmetallie
do
48.8
44. 5
'45.4
41.3
48. 1
48. 5
48.9
public utilities:
89.2
89.(3
89.3
91.2
92 2
Electric light and powerf
..do
90.3
90.6
93.0
92.7
92.3
91.8
91.3
90.7
68.7
68.0
68.2
Street railways and busses!..
do
68.4
68.5
68.3
68.7
68.7
68.2
68.4
68^4
68.4
68. 5
75.9
80. f)
76,0
77,3
77.8
Telephone and telegraph! _.-.--_.-. do
76. 7
79.1
79.2
80.0
'79.7
78.8
79.0
78.9
Services:
101.2
93.7
99.5
112.6
108.2
106. 0
104.5
108.7
106.7
Dyeing and cleaning
do....
110.0
109.4
' 103. 3
101. 2
95.8
101.0
96.2
102.1
99.7
Laundries
.
...do—
97.2
99. 1
100. 2
101.3
' 100. 3
102.5
102.8
101.9
r
92.1
93.7
92.0
93.4
Year-round hotels
.
do....
92.7
93.4
92.0
92 3
93.2
90.3
90.3
91.6
92. 6
Trade:
90.6
87.0
91. 1
91.9
89. 1
88.7
91.2
89.8
92.8
94.3
96.3
91.2
' 108.1
Retail, totalt
do.—.
87.9
96.4
93. 8
92.9
95. 1
96.2
111.4
95. 9
' 152.2
General merchandising!
do
90.3
90.1
99.4
103.5
90.2
90.5
91.3
89.3
89.6
88.9
91. 8
90.9
Wholesale
..do
' 92. 5
89.2
90.1
90.9
91.0
Miscellaneous employment data:
47.2
31.2
49.4
47.6
51.9
52. 1
31.1
35.7
42.9
51.4
54.8
49.2
Construction, Ohio
.1926=100..
45.7
164,726 205, 164 258,162 286,100 301,773 310,082 303, 225 301,578 250.044 182, 509 161,875
163, 592
Federal and State highways, total..number..
60,417 93,726 131,970 152,049 165, 528 172,379 172,304 161,252 121,545
43,267
74, 280
Construction (Federal and State) . .do
55, 455
104, 309 111,438 126,192 134,051 136, 245 137, 703 130,921 140,326 128,499 108, 229 106,420
120, S25
Maintenance (State)
do
Federal civilian employees:
938,975
947,427 939, 523 980,391 1,014,053 ,025,480 1,039,451 1,058,639 .086,171 1,111,530 1,185,558 1,151,148
United States
do
127, 783
128,642 129, 677 130,938 133,856 138,471 142,899 145, 557 149,479 152, 605 155, 973 158, 587
District of Columbia
do
Railway employees (class I steam railways)
1,014
1,006
1,004
1,055
1,032
1,071
1,081
1,088
Total
thousands-.
1,065
1,094
1,048
Indexes:
55.7
55.2
55.1
56.7
58.0
58.8
59.4
59.8
Unadjusted
1923-25=100..
57.4
60.1
58.4
57. 0
57.9
56.7
Adjusted
-_.__„
do
55.6
56.0
58.0
58.4
59.4
58.8
57.4
57.9
58.6
56.8
LABOR CONDITIONS
Average weekly hours per worker in factories:
Natl. Ind. Con. Bd. (25 industries)....hours.
41.0
38.0
37.7
38.1
37.6
37.5
38.0
38.5
39.0
39.9
'40.2
39.6
40. 1
U. S. Dept. of Labor (90 industries)., d o . . . .
37.3
37.5
37.2
37.2
37.5
38.6
39.3
39.0
39.8
37.3
38.4
38.8
Industrial disputes (strikes and lockouts):
r
j>240
' 172
162
Beginning in month
number..
206
209
185
220
201
211
200
218
160
*>365
246
273
In progress during month
....do
323
333
292
324
310
328
342
340
Workers involved in strikes:
Beginning in month
thousands..
22
29
'30
52
36
61
66
60
M0
63
P 105
In progress during month..
do
43
37
52
76
53
79
87
108
98
»60
9 85
103
v 1, 000
382
Man-days idle during month
do
554
••290
434
654
771
v 625
681
660
460
»400
Employment security operations (Soc. See. Bd.)
Placement activities:
Applications:
5,095
5,920
Active
file
----thousands..
5, 025
5,682
5,734
5,565
5, 724
5,211
4,911
4, 760
5,093
4, 568
4,619
1,371
1,304
New and renewed
do
1,351
1.515
1,318
1,826
1,328
1,495
1,391
1,333
1,401
1,274
1,207
345
243
203
295
308
331
353
363
350
330
Placements, totals
do
407
378
365
Unemployment compensation activities:
4,047
5,825
5,670
7,253
7,292
6,614
6,525
5,881
4,258
4,931
Continued claims
thousands...
3,622 ' 3, 993
4,006
Benefit payments:
806
1,095
1,220
961
875
1,201
1,125
Individuals receiving payments§ . . . d o . . . .
1,269
698
667
826
53, 618
Amount of payments.
thous. of doL. 34, 611 44, 328 47,130 42, 286 54,879
32, 231
39, 270
!9, 561 30, 886
55, 741
51, 695
36, 594
Labor turnover in mfg. establishments:
4.92
2.98
2.94
3.05
3.36
4.76
6.21
Accession rate..mo. rate per 100 employees..
4.77
6.63
4.65
5.52
4.11
5.54
3.15
3.56
3.46
3.66
3.36
Separation rate, total.....
do
3.78
3.23
3.06
3.41
3.16
3.35
3.00
3.22
.19
.16
.15
.13
Discharges.
«._do
.13
.14
.14
.16
.16
.18
.19
.18
.16
1.20
2.67
2.69
2.53
Lay-offs
do
2.78
2.32
1.53
1.60
1.61
1.86
2.25
1.63
1.48
1.76
.73
.78
.87
1.28
1.51
1.62
Quits and miscellaneoust
do
.90
.96
1. 14
1.21
1.58
PAY ROLLS
Manufacturing, unadjusted ( U . S . Department
126.4
99.3
97.9
99.5
98.2
of Labor)!
1923-25=100..
97.8
105.5
111.6
116.4
116.2
122.4
' 120. 7
98.4
Durable goods!
do
101.4
98.7
123.4
138.6
98.7
125.1
131.6
•131.9
97.4
106.5
115.1
97.8
Iron and steel and their products, not inr
r
136.3
94.9
97.2
cluding machinery
1923-25=100..
104.3
96.5
102.8
113.5
100. c
118.1
123.6
133. 0
130.7
' 125. 8
Blast furnaces, steel works, and rolling
144.3
110.2
116.2
mills
.
1923-25 = 100..
101.8
98.6
103,1
128.2
113.9
124.8
131.0
134.6
142. 1
139.9
134.6
100.9
Hardware
do
104.7
101.9
85.8
104.0
118.8
122.3
128.4
' 130.4
85.7
106.5
113.5
Structural and ornamental metal work
60.3
93.7
61.2
1923-25=100..
59.5
61.7
64.8
67.6
72.9
74.8
79.6
78.7
86.0 |
89.0
93.0
Tin cans and other tinware
do.
112.4
101.0
100.9
113.5
113.1
104.1
US. 2
" 112.4
113.4
121.9
116.8
p
Revised.
Preliminary.
JDesignation changed from "quit" as separations such as deaths, permanent disabilities, retirements on pensions, etc., are included.
§Data are a weekly average of the number receiving benefits, based on an average of the weeks of unemployment compensated during weeks ended within the month,
t Compilation of separate figures for private placements, shown in previous issues of the Survey through February 1941, has been discontinued by the reporting source,
fRevised series. Telephone and telegraph indexes revised beginning 1932, other indicated nonmanufacturing employment series beginning 1929; see p. 17 of the April
1940 Survey; subsequent revisions in indexes for street railways and busses beginning 1932, superseding those shown in the April Survey, appear in table 27, p. 17 of the May
1940 issue. For revisions in pay-roll indexes for all manufacturing and durable goods for 1938 and 1939, see table 12, p. 18 of the March 1941 Survey. For revisions in Illinois
and Chicago indexes, see note marked with a "f" on p. 29 of the January 1941 Survey. Index for Wisconsin revised beginning 1925; data not shown on p. 26 of the February
1941 Survey will appear in an early Issue.
28
SURVEY OF CURRENT BUSINESS
April 1941
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
EMPLOYMENT CONDITIONS AND WAGES—Continued
PAY ROLLS—Continued
Mfg., unadj. (U. S. Dept. of Labor)—Con.
Durable goods—Continued.
!
70.0
71.5
70.9
73.7 i
Lumber and allied products.. 1923-25 =100..
60. 0
61.0
63. 6 |
' 68. 1
71.2
68. 3
01.4
63. 3
60.'
7', o
89. 9
92.6 ! ' 8 4 . 2
90.4
91.3 I
76.8
87.4
Furniture
-do
74.3 I 81.7
74.2
71.8
60.4
59. 6
60.9
65. 1 !
52. 0
63.8
Lumber, sawmills
do
53. 9
62. 2
' 59. 2
55. 4
58. 3 !
58. 1
53. 3
' 162. 9
149.3
145.3
119.3
137. 9
Machinery, excl. transp. equip.
do
' 167. 5
121.6
122.3 !
125. 1
125. 7 ! 131. 0
174, 9
121. 5
Agricultural implements (including trac171.3
163.8 |
160.4
158.8
tors)
1923-25 = 100 _ _ 173. 5
156.2
' 180.9
164.0 |
L57.8 J 148.9 j 152.0
166. 1
Electrical machinery, apparatus, and
145.0
supplies
1923-25 = 100..
131.4
111.6 |
' 163. 0
113. 8
114.3 I
118.3 ! 118.1 I 123.7
171.0
Engines, turbines, water wheels, and
windmills
1923-25 = 100..
249.4
263. 4
' 275. 0 ! r 305. 5 '331.4
171.6
183.1 ! 193.8
223.8 I 238.5
345. 2
210.7
Foundry and machine-shop products
I
134.9
94.2 i
126.6
1923-25 = 100..
95.4
' 114.6
105, 4
111.7
' 128.7
94. 6
96.3
95.8
95. 7 j
101.3
r
449. 0
270. 7 I 281.6 I
394. 2
Machine tools*
do.
287.1
352.3
307. 8
355. 4
289.7
302. 9
302. 9
332. 3
414.0
143.9
113. 0 |
162.9
116.0
164.3
138. 5
Radios and phonographs
do.
126.9
[ 34. 0
109.5
155.7
149.8
161. 5
' 144. 3
151.4
103.4 j
103. 1
136. 3
149. 6
105. 9
Metals, nonferrous, and products
do
103. 6
105. 8
104.8 I
117.0
' 141.7
128.0
' 146.2
226. 3
136.4 |
133. 0
190.0
219. 3
146.2
Brass, bronze, and copper products, do
134. 2
•40. 8
137. 2 |
160. 7
201.6
177. 6
' 220.6
81.5
' 85. 6
65.3 i
83.0
Stone, clay, and glass products
do
74. 6
73.4
68.3 I
76.7
71.1
'82.0
79. 7
' 79.4
53. 4
' 56. 8
39. 6 j
55.1
49. 2
51.1
Brick, tile, and terra cotta
do
41.5 !
53. 6
51.8
' 54. 0
54.0
' 54.6
135. 2
129. 8
137.6
108.3 l
112.0 j
11. 0 j
Glass
do...
112.8 j
116.0
105. 2
130. 8
120.7
' 131.2
114.2
191.7
163. 3
' 169. 2
120.1 |
Transportation equipment!
do
125.9
118.5 I
115.8
98. 9
:2i.o
166. 1
141. 5
' 176. 1
Aircraft*.....
do
| 6.525. 3 2,183.9 ! 2, 344. 3 !, 124. 3 !, 601.5 ! 2, 068. 2 3, 124. 6 i, 727. 4 4,211.9 4, 639. 4 5,012.9 5, 356. 3 •5.912.2
415. 0
K>0. 4
119. 1 I 122.9
149. 3
' 144. 6
Automobiles
do
111. 1 j ] 12. 0
96.1
80. 5
150. 5
125 2
r 147.5
121.2
335. 0
149.9 J 169. 3
' 288. 3
244.3
Shipbuilding*
do
180.4 j
211.6
185.8
193. 4
239.0
227! 5
' 308. 2
169.4
112.6
101.0 |
101.0
112. 1
108.1
Nondurable goodsf
do
96.8 j
104.4
97.4
99.1
106.6
107.7
' 108.0
97. 3
Chemical, petroleum, and coal products
|
139.3
131.4 !
' 144.3
'139.7
138.2
133. 4
1923-25=100..
133.2
133. 0
134.4
132.5 j
' 142. 1
133.6 I
176.2
187.9
159.7 I
159. 6
Chemicals
do
181.7
167.2
169.3
159.3
' 188. 2
161.9 j
165.2
170.9
135.8
128.3
Paints and varnishes
do
r 135.7
132. 4
132.1
r 138.7
131.9
130.5
' 137.4
136. 3
135. 6
136.2
136.2
134.4
Petroleum refining
do
133.3
136. 6
139. 0
135.8 j
' 132. 2
136. 8
139.3
136.9
137. 1
137. 4
322.6
321.3 I 316.0 I
Rayon and allied products
do
331.4
334.4
335. 9
311.4
311. 1
327.7
318. 0
H4.3 I 314. 7
134.2
Food and kindred products
do
115.5 |
128.8
131. 3
132.4
121.5
138.5
117.1 ) 117.7
139. 0
' 120.0
129.0
139.2
Baking
do
132.4 I
142.1
137. 7
138.3
137.8
134.3
140.8
134.4
140.8
140.1
' 134. 5
110.9 i
117.6
137.3
Slaughtering and meat packing
do
110. 4
114.7
111.5
118. 9
112.3
'119.7
112.6 1 115.8
109. 5
78. 5
Leather and its manufactures
do
82.6
67. 0
80.3
68.5
76. 4
77.0
' 83. 3
63. 6
74.6 I 73.4
70.7
62 7
73.2
80. 2
Boots and shoes
do
78.2
62.5
74.6
75. 0
58. 1
72.0 I 69.1
66. 6
'80. 1
115.2
112.3
108.6
Paper and printing
do
110.0
115.4
110. 9
113. 1
113.4
109. 7
111.2
r 120. 8
' 115.5
123.8
126. 2
116.9
Paper and pulp
do
115. 1
123. 8
124.8
124. 2
124. 2
115.4
126. 3
' 127. 5
128.5
99.5
86. 4
' 88. 4
Rubber products
do _ _
88.3
102.0
87. 1
87.7
95. 7
86. 5
85. 2
111.1
' 111.0
86.6
80.6
Rubber tires and inner tubes
do
79. 0
89.7
79.9
76. 3
84.6
78.1
77. 4
96.4
' 96. 9
93.2
91.3
89. 5
92.3
Textiles and their products!
do
75*. 4
77.9
87.4
92.6
81.4
97. 6
' 95. 1
89.5
84. 2
78.5
90.9
72. 5
73. 9
80.9
84.8
76* 4
95.6
Fabricsf
do
' 93. 1
94.8
99. 8
105. 7
88.7
76. 6
'89.5
81.0
75. 7
94.9
102.5
95. 6
Wearing apparel
do...
'93 2
66.5
54.0
58.1
62.3
56. 9
66.4
60.7
62.3
58.7
65.9
67.4
Tobacco manufactures
do...
'59.3
Manufacturing, unadj., by States and cities:
State:
105. 3
108.7
91.6
98.1
104.7
116.9
100.6
93.9
97.0
97. 0
Delaware . .
...1923-25 = 100.
' 112.9
98.6
129.4
128. 0
114. 3
111.9
124.4
137. 3
120. 8
113.4
112.8
116.4
Illinois!
1935-39 = 100. .
115.2
134. S
145.1
141.3
122. 1
124. 1
138.0
133.7
124. 7
126. 3
131.4
150.2 I ' 151. 6
Maryland . .
.1929-31 = 100..
128. 7
Si
Massachusetts
1925-27=100
_ .1923-25 = 100
New Jersey
1925-27=100
New York
Pennsylvania
.1923-25 = 100
Wisconsin!
...1925-27=100..
City or industrial area:
.1929-31 = 100
Baltimore
_
. .1935-39 = 100 .
Chicago!
...1925-27 = 100..
Milwaukee
do . _
New York
.1923-25=100..
Philadelphia _
Pittsburgh
do
Wilmington
do
Nonmfg., unadj. (U. S. D e p t . of Labor):
Mining:
Anthracite
1929 = 100..
Bituminous coal
do
Metalliferous
do
Crude petroleum producing
do
Quarrying and nonmetallic
do
Public utilities:
Electric light and power!
do
Street railways and busses!
do
Telephone and telegraph!
do
Services:
Dyeing and cleaning
do
Laund ries
do
Year-round hotels
do
Trade:
Retail, t o t a l !
do
General merchandising!
do
Wholesale
do
WAGES
F a c t o r y average weekly earnings:
N a t i o n a l I n d u s t r i a l Conference Board (25
industries)
dollars.. _
U . S. D e p t , of L a b o r (90 industries)
do
D u r a b l e goods
do
j
Iron and steel and their p r o d u c t s , not in- j
eluding m a c h i n e r y
dollars.. |
Blast furnaces, steel works, a n d rolling j
mills
dollars.. |
Hardware
do
j
S t r u c t u r a l and o r n a m e n t a l metal work j
dollars.. 1
T i n cans and other t i n w a r e
do
74.4
100.0
87. 0
81.8
100.9
73. 9
102.2
89. 5
80. 7
J03. 8
70. 9
101.8
85.3
79.2
102.8
70.3
103.9
85. 4
79.0
104. 7
70. 7
107.5
S6. 7
82, 5
106.0
75.4
106. 6
87. 6
83. 5
102. 0
1K12
92. 8
88.7
106. 9
82.5
121. 2
98.2
91.9
111.5
84.5
123.3
100. 5
96. 2
119. 4
83.9
124.9
101. 5
96.8
122. 1
91.2 J
134.8 !
' 108. 2 I
r 102. 2
12s. (I
122. 8
112.9
100. 1
87.8
S3. 1
87.3
82. G
126. 6
112.0
104.2
94. 9
83.1
85.3
84.7
127. 0
110.3
104. 1
86.5
81.8 i
83. 7 |
88.6
127. 4
112. 0
105.9
84. 5
80. 7
85.2
87. 1
129. 6
1:4. 9
106.0
82. 2
84.0
89. 3
8 7. 5
132. 7
117.0
101. 7
80.8
85.2
89. 7
85.8
135.5
120.0
108. 7
93.9
89.7
96. 0
86. 1
139. 3
123. 5
112.2
101.6
94.7
98.0
89.7
142.9
126.0
122. 2
98.8
98.0
103.8
93.9
147.0
128. 5
126.6
97.6
100. 1
105.4
94.9
151.9
136.9
131.3
101.3
106. 3
113.1
105. 8
40. 0
75. 3
65. 7
40. 6
73.9
65. 4
58.8
43.9
36. 5
75. 2
63. 7
59.1 |
43. 5 j
33. 1
82. 5
68.5
59.0
45.2
39.3
83.2
69.5
58.2
46. 2
32.3
83.6
71.4
57.6
46. 7
37.6
84.5
69.8
56.8
42.3
42.7
' 91. 4
' 72. 9
' 55. 9
'42. 4
38.5
86. 7
' 70.5
56.5
36. 2
' 106. 0
r
73. 1
' 103. 5
105. 5
71.0
103. 6
89.6
133.2
108.2
'99.0
126. 1
r
r
r
r
153. 7
135. J
132. 6
103.3
103.5
109. 7
102. 5
!
5(i. 3
37. 9
32.9
87.0
64. 2
59. 0
30.8
38. 4
78.3
63. 2
58. 4
34. 1
63. 5
59.0 !
38. 1 |
104. 9
70. 6
102. 9
102. 2 |
71.5 !
96. 9 I
102. 3 |
69. 5 i
98.1 I
103.3 |
69. 2
98. 7
104. 2
69 2
98.8
104. 8
7). 5
10). 0
105, 8 i
70. 0 |
101.3 I
108. 1
70. 4
100. 4
105. 8
71. 5
101.8
I
107.0 !
70.7 I
102.2 I
106. 9
70.3
103. 2
74.3
89. 0
86.0
64. 4
83. 1
82. 7
72 7
84 1
81 8
79. 6
85. 6
83. 2
85.4
88. 5
83.0
SJ. 6
92. 4
8 2.0
80.0
90. 0
SO. 5
78. 9
90. 5
80. 7
85. 6
89. 9
81.8
S2.4!
88.0 I
84.2 I
77.8
87.2
83.6
84.0
86.0
SO. 8
79.1 I
80.8 !
77.1 !
82.0 |
85.9 !
77.8 !
82.3
85.0
77.4
83. 4
86. 6
77.4
84.8 |
89.3
78.4 !
82.6 j
84.0 I
78.3
81.5
82.3
78. 7
85. 1
90.5
81.1
85.8 '
92.3
80.2
87.1
97.5
80.7
31.41
27.61 |
25. 20 !
28.60
27. 66
25. 33
28.92
25.43
28. 80
28.23 i
25.79
29.48 i
28.16 i
25.25 |
28. 52 |
28. 58
26. 10
29.98
28.99
26.54
30.57
'. 95 J
69 !
65 !
27. 61
25. 46
28. 90
I
27. 47 |
27. 50 |
28. 16 J
29. 30 I
28. 89 j
28. 88
26.15
28.73
26. i 3
29.87
26. 14
31.53 |
25. 85
30.75
25.45
27.39
24.15
28.13
24.0t
30. 24
32.25
27. 29
30.60
32.93 j
27.53
33. 04
27.74
73.5
89.8
84. 0
'97.3 I
132.5 I
'83,4 I
'83.7
87.8
80.3
29.73
26. 93
31.11 j
30.28
27.89
31.96
30. 61
27.69
31.90
31.01 I
29.84
27.13
31.42
'89.2 I
' 84. 1 I
32.18 I 31.49
33.43 i
27.56
34. 65
28.03
r
33. 66
28.30
30. 75
25.29
29
SURVEY OF CURRENT BUSINESS
April 1941
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
1940
June
July
1941
August
September
October
Novem- December
ber
January
EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES—Continued
j
i
Factory average weekly earnings—Continued,
U. S. Department of Labor—Continued.
J
Durable goods—Continued.
j
Lumber and allied products
dollars. _j
19. 91
20. 00
20. 22
20. 75
19. 69
20.17
19. 37
21. 06
21.49
20.81
21.06
20. 72
Furniture
do
21. 15
20. 59
22.23
20. 70
20. 91
20. 67
22.07
22.49
20. 28
21.39
22. 64
21.42
Lumber, sawmills
do
18. 49
19. 00
19. 43
18.19
18.93
19. 32
19. 85
20. 23
18.02
19. 79
19. 29
19. 59
Machinery, excl. transp. equip
do__-_
30.15
31.65
30.11
29. 67
30. 41
31.22
31.71
29. 97
30. 29
30.67
33.13
33. 34
Agricultural implements (including
tractors)
dollars _.
31.42
30. 74
31. 41
31. 29
31.14
31. 37
30. 42
30. 87
31. 17
32. 22
31. 43
31.87
Electrical machinery, apparatus, and
r
supplies
dollars. 30. 01
30. 52
31.61
29, 53
31. 21
31. 26
30.14
32. 93
Engines, turbines, water wheels* and
r
windmills
dollars^.
34. 21
34. 43
36. 21
34. 35
35.05
36.24
34.09
36. 74
35. 04 r 36.00
38. ] 7
39. 12
Foundry and machine-shop products
dollars __
29. 29
29. 39
29.41
28. 89
29. 27
30. 31
30.12
31. 18 r 30. 95
32. 51
29. 33
32. 85
Machine tools*
_ do
36.35
36. 99
36. 68
36. 60
36. 72
37. 02
36. 85
35. 48
37. 73
36. 45
39. 56
40. 08
Radios and phonographs..
do
23. 09
22. 30
23. 61
22.19
22. 46
24.89
23. 97
23.49
24. 74
23. 90
25. 49
24. 08
Metals, nonferrous, and products ..do
27. 02
26. 96
26. 65
26. 76
29. 38
30. 02
30. 00
27. 25
27.12
31.63
30. 62
28. 18
Brass, bronze, and copper prod--do
29. 00
29. 01
28. 96
28 74
32.97
33. 98
33. 64
29. 95
35. 74
35. 16
30. 73
31.55
Stone, clay, and glass products
do
24.79
24. 03
23. 71
25 27
25.17
24. 49
24.20
25. 75
26. 25
23. 49
24. 81
25. 12
Brick, tile, and terra cottaj
do
19. 55
19. 30
21.62
21.47
20. 65
19.97
20. 97
21.87
22.52
20.95
21.49
21.74
Glass
.do
26. 02
25. 89
26. 90
27. 26
26. 18
26. 49
27. 90
25. 89
28. 77
24.91
26. 56
28. 00
34.39
Transportation equipment
.do
33. 47
36. 39
32.83
34.40
37.39
34.21
35. 41
35. 60
35. 96
36. 56
31. 88
29.96
Aircraft*
do
28. 73
32.93
29.69
29. 75
32. 62
31.79
32.37
31. 18
••33.17
34. 13
30. 48
38.11
Automobiles
do
35.78
39.24
34. 80
35. 53
33. 47
37.13
36. 67
35. 28
37. 61
36. 54
32. 26
Shipbuilding * £
..
do
33. 25
31. 53
34. 20
34. 86
36. 08 r 36. 63 r 34. 63 r 38. 50
34. 17
37. 90
34. 03
33. 68
Nondurable goods
do
21.73
21.49
21.72
22. 08
22.10
22.20
21.81
22.28
22. 61
23. 09
21.87
21. 86
Chemical, petroleum, and coal products
dollars..
29. 87
29. 14
29.73
29.31
28.99
30.08
30. 08
29. 96
30. 90
30. 39
30.16
30. 12
Chemicals
do
31.72
31. 83
32.09
31.80
32 72
32. 39
32. 23
33. 33
31. 79
32.18
33. 10
31.95
r
Paints and varnishes
.do.- ._'
29.02
29. 40
29. 35
28. 93
29.62
29. 60
29. 55
30. 15
28. 43
29. 13
29. 28
29. 86
Petroleum refining
. „do
35.34
35. 20
34.32
34.93
34. 96
35.14
34.84
36. 00
34.78
34.73
34.94
34. 46
Rayon and allied products
do
26.12
26. 99
26. 95
26. 26
26.27
26.33
26. 36
26.32
26. 53
27. 15
26.53
27. 40
Food and kindred products
do
25.17
23.48
24.43
25. 25
25. 64
25.00
25. 54
24.33
23.82
25. 78
24,17
24.91
Baking _.
do
26. 60
'•26.31
26.12
25. 84
26. 46
26.69
26.31
26. 22
26. 57
26. 44
26. 39
26. 40
Slaughtering and meat packing, .do .
27.38
26. 82
27. 26
26. 88
27. 43
27.76
27.64
27. 76
27.82
26. 84
28. 77
27. 57
r
Leather and its manufactures j
do
19.37
19.23
19.61.
17.26
19.80
17. 68
18.17
18. 87 r 18. 19 r 20. 05
20. 67
19.86
18.32
18.20
•
Boots and shoesX
- -- • do
18. 59
15 65
18.92
16.30
r 17. 53 < 16.65 r 18. 54
19. 58
17. 00
18.94
29.18
28.67
29. 35
Paper and printing--. __do
28. 37
29.38
29.00
29.35
28. 70
30. 37
29. 27
29. 64
28.73
26.12
25.17
Paper and pulp
.do
25. 42
26. 52
26.47
26. 35
26. 45
27. 30
25. 35
26. 70
26. 99
26.14
29.15
27.66
Rubber products
do....
27.40
28.39
27. 76
29. 45
29.31
31.13
27.98
28. 27
27.81
30. (58
34.08
31.98
Rubber tires and inner tubes
do
32.29
33. 88
32. 66
34.92
34.27
36. 59
32.77
33. 11
31.64
36. 32
17.45
Textiles and their products
do
17.48
16. 52
16. 85
18.10
17. 80
18. 40
16. 74
16.43
18. 09
IS. 12
17. 64
16. 62
Fabrics
do _
16.98
16. 35
17.71
18.28
16.40
16.24
17. 57
17.93
17. 95
17.15
16. 71
19.54
Wearing apparel
do
18.86
16. 97
18. 05
18. 98
16. 96
18 70
17. 63
19. 51
18. 53
18. 95
17. 26
16.88
Tobacco manufactures
.
do
16.25
18. 02
18.14
18. 70
17. 76
17. 07
18. 42
18. 25
18. 98
it. 79
18.36
Factory average hourly earnings:
National Industrial Conference Board (25
industries)
dollars.. _
.747
.731
.754
.734
. 737
.742
.744
.759
.728
.740
.740
.741
IT. S. Dept. of Labor (90 industries)
do
.678
. 665
. 669
. 663
. 665
. 683
.671
.673
. 689
.667
.668
.672
Durable goods
do !
.730
. 726
.728
.729
.749
.737
.739
. 758
.727
.731
Iron and steel and their products, not
including machinery
dollars
.778
.781
Blast furnaces, steel works, and rolling
mills
.dollars. _
.857
.842
, 838
.838
.838
.849
.857
.851
.S58
. 862
.847
Hardware
do
.683
,692
. 685
. 671
. 684
. 695
. 681
.680
.691
. 681
.697
.683
Structural and ornamental metal work
.732
dollars..
.732
.735
.735
. 742
.741
.743
.737
.741
. 733
.736
.738
. 635
Tin cans and other tinware J
do
.620
. 626
.634
. 632
.624
.624
.632
.632
.633
. 635
.627
. 526
Lumber and allied products.
do
.513
. 515
.529
.521
.525
.518
.523
. 524
. 528
.519
.526
. 555
Furniture
do
.539
. 547
.546
. 546
.546
.547
" 552
.
. 548
.550
.546
.505
Lumber, sawmills
.
do
.491
.492
. 503
.497
. 506
. 507
.507
' 510
.
. 505
.496
.509
.752
Machinery, excl. trans, equip
do
.737
.739
.741
. 761
.739
.749
.768
.743
. 746
.744
. 745
Agricultural implements (including
.806
tractors)
dollars. _
. 802
.813
. 799
.810
.798
.801
.801
. 795
Electrical machinery, apparatus, and
.757
.752
.773
. 755
.757
.766
. 756
.764
suppliest
dollars ..
.762
Engines, turbines, water wheels, and
r
.813 I
.797
. 830
.866
.803
- 842
.
-.819
windmills
dollars _.
Foundry and machine-shop products
. 745
.
. 723
. 730 j
.734
.740
.728
.730
. 733
dollars..
. 768
.781
. 796
.767
.766 I
. 766
. 766
. 766
. 760
.768
Machine tools*
do
769 '
.613
. 637
. 614
. 630
. 606
606 j
.614
.611 | .621
.621
Radios and phonographs
do
.618 |
.741
.727
.697
.696 |
.702
.703 !
.701 j
.710
.738
.701
Metals, nonferrous, and products., .do
.712
.700 I
I
Brass, bronze, and copper products
. 799
.748
.804
. 775
.743 |
.749
. 755
. 705
. 805
.750
.762
dollars..
.671
. 664
.684
. 662
. 664
. 664
.668
.672
680
. 664
. 665
.671
Stone, clay, and glass products
do
. 553
. 572
. 587
. 554
. 551
.564
. 568
. 582
. 551
. 566
. 565
. 566
Brick, tile, and terra cottaj
do_ —
.741
, 746
. 770
.739
.740
.743
. 764
.739
.742
.747
.738
.750
Glass
do
.900
.902
. 911
. 902
.905
.897
. 900
.902
.891
.898
.896 !
. 900
Transportation equipment
do
,734
.776
.733
.742
. 739
' 750
.
.738
. 750
. 730 I
.738
Aircraft*.
do
.944
. 966
. 945
.954
.958
'. 955
'. 950
.949
. 951
.938 I
. 950
Automobiles_
_.do
,860
.897
.859
.869
. 862
.897
.862
-.872
.885
!862
.874
Shipbuilding* X
do....
.610
. 620
. 609
. 617
.613
.617
,615
.609
.613
.615
.608 j
.611
Nondurable goods
do
Chemical, petroleum, and coal products
.755 |
. 765 j
. 769
. 760
. 773
. 746
.783
.778
'dollars—
.811
.822
. 803
.816
.803
. 800
.802
. 799
.804
. 798
Chemicalst
do
r
733 | .741
.741
,716
.718
.717
.721
.720
.720 |
.719
Paints and varnishes
.
..do
.966 |
. 970
. 975
. 968
.971
. 983
. 986
.977
. 983
.963 j
Petroleum refining
_ _ do
. 699
.673
. 694
.672
675
.676
. 672
. 682
. 685 | .690 !
. 674
.672 I
Rayon and allied products
..do
. 649
.647
.641
.641
. 625
. 615
. (503
. 610 I . 632 i .641
.639
.643 !
Food and kindred products...
do
. 643
. 637
. 644
. 630
. 639
. 640
.643
.641
. 635 I .640 !
.631
.636 |
Baking
do
.686 |
. 681
.688
. 680
. 681
.691
.689
.691
, 691
.684 ' r
.689 ;
.680
Slaughtering and meat packing .do
r
. 555 I
. 555
.555
. 541
. 553
. 553
. 554
. 558
. 553
.543 !
.537
Leather and its manufactures %
do
'. 529 i . 526
. 530
.533
.519
.531
. 532
.533
. 537
' 528
.
.521 !
.514
Boots and shoest
do
.793 \
. 796
.794
. 789
.797
.791
.789
.792
.792
.793 '
. 799
. 783
Paper and printing.
do . . .
. 656 ' . 660
.662
. 638
. 637
. 644
.649
.648
. 654
. 654
.637
.638
Paper and pulp
do . . .
' Revised.
JData for shipbuilding, leather, and boots and shoes revised beginning October 1940 on the basis of more complete reports; the slight downward revision could not be
extended to earlier months. For similar revisions beginning August 1940 for tin cans, electrical machinery, and chemicals, see p. 75 of the February 1941 Survey, and beginning June 1940 for brick, tile, etc., p. 29 of the December 1940 Survey.
*New series. Earlier monthly data not shown on p. 29 of the March 1941 Survey are available upon request.
1
I sot I
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1 9 4 1
gether with explanatory notes and references
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
April 1941
1940
February
March
April
May
Jtne
July
1941
August
September
October Novem- December
ber
January
EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES—Continued
Factory average hourly earnings—Continued.
U. S. Department of Labor—Continued.
Nondurable goods—Continued.
Rubber products
dollars_.
Rubber tires and inner tubes
do—
Textiles and their products
do....
Fabrics
.
do—
Wearing apparel
do—
Tobacco manufactures
do
Factory average weekly earnings, by States:
Delaware
1923-25=100..
Illinoisf
1935-39 = 100..
Massachusetts
.....1925-27 = 100..
New Jersey
.
1923-25=100..
New York
1925-27 = 100..
Pennsylvania
- -.1923-25=100..
Wisconsin!
..1925-27 = 100..
Miscellaneous wage data:
Construction wage rates (E. N. R.):1[
Common labor
...dol. per hour..
Skilled labor
do....
Farm wages without board (quarterly)
dol. per month-.
Railway wages (avg., class I) ...dol. per hour..
Road-building wages, common labor:
United States, average
dol. per hour..
East North Central
do —
East South Central
do
Middle Atlantic
do....
Mountain
do—
New E ngland
do...
Pacific
do...
South Atlantic
do....
West North Central
do
West South Central
do....
PUBLIC ASSISTANCE
Total public assistance and earnings of persons
employed under Federal work programsf
mil. of dol..
Assistance to recipients:§
Special types of public assistance
do
Old-age assistance*
do
General relief
do—
Subsistence payments certified by the Farm
Security Administration
mil. of doL.
Earnings of persons employed under Federal
work programs:
Civilian Conservation Corps...mil. of dol..
National Youth Administration:
Student work program.._
do—
Out-of-sehool work program
do
Work Projects Administration
do
Other Federal agency projects financed
from emergency funds t
mil. of dol
Earnings on regular Federal construction
projects*-.. . . . . - mil, of dol..
0.777
.964
.505
.484
.544
.491
106.4
117.5
111.7
136.1
106.0
121.4
121.1
92.1
108, 8
95.9
116.4
95.4
105.2
107.8
.713
1.47
0.780
.967
.496
.484
.518
.505
0.779
.960
.512
.486
.558
.492
0.780
.971
.514
.487
.563
.487
0.774
.962
.509
.487
.552
.484
0.781
.971
.504
.487
.539
.486
&4.6
110.3
98.7
122.6
97.5
108.9
111.0
94.6
109.6
101.1
121.3
97.6
107.9
107.4
90.4
111.0
101.3
122.6
99.4
111.8
110.3
93.1
112.0
104.2
126.6
101. 0
113.6
111.4
95.4
113.5
103.8
127.5
100.8
115.8
114.6
r
.707
1.48
.707
1.48
.711
1.48
728
37.18
.723
.719
,63
.33
54
56
49
68
33
46
. 39
.685
1.47
0.785
.971
,502
.486
.534
.502
.703
1.47
0.779
.966
.495
.482
.519
.493
.47
.61
.35
.53
.56
.49
.68
.32
.47
.38
0.784
.971
.507
.488
.544
. 490
.685
1.47
.735
.43
.67
.33
.59
.53
.59
.72
,34
.43
.82
.33
.62
.59
.50
'.32
.50
.39
20
.711
1.48
. 711
1.48
.737
36 84
.725
.47
.61
.34
.53
.55
.50
.68
.33
.48
.38
.48
.63
.35
.54
.54
.51
.70
.34
.49
.38
.48
.63
.34
.56
.54
.56
.72
.35
.49
.37
213
203
216
209
53
40
32
53
40
29
54
41
29
55
41
29
1
1
1
17
18
19
5
'94
2
5
102
3
5
93
. 498
r
.741
.47
.62
.35
.54
.56
.50
.68
.34
.47
.38
16
3
6
115
.711
1.48
1
94.9
108.7
97.6
120.4
96.2
107.0
111.1
104.0
116.8
108.8
134.9
M04. 4
120. 9
119.0
53
40
32
96.3
108.2
96.7
118.7
95.1
105.9
109.1
97.0
112.4
102.7
127.6
100. 4
115.5
116.0
212
93.4
108.6
98.6
118.6
97.4
106.3
109.0
0.780
.957
.512
. 492
2
6
19
C)
100
11
5
97
C)
7
36
6
4
47
56
.711
1.47
.43
.68
. 35
. 59
. 51
.34
.47
.38
07
43
31
3 |
6
102 I
8
P104
4
44
10
24
r
98. 1
115.6
107. 6
133.8
104. 5
117. 5
117.6
69
FINANCE
BANKING
Acceptances and com'l paper outstanding:
Bankers' acceptances, total
mil. of doL.
Held by Federal Reserve banks
do
Held by accepting banks, total
do
Own bills
do
B ills bought
do....
Held by others.
do—
Commercial paper outstanding
do
Agricultural loans outstanding of agencies supervised by the Farm Credit Adm.;
Total, excl. joint-stock land bks.f mil. of doL.
Farm mortgage loans, total
do—
Federal land banks
do
Land Bank Commissioner
do
Loans to cooperatives, total
do
Banks for cooperatives, incl. central
bank
..mil. of doL.
Agri. Mktg. Act revolving fund d o —
Short term credit, totalf
do
Federal intermediate credit banks, loans
to and discounts for:
Regional agricultural credit corps.,
prod, credit ass'ns, and banks for
cooperativescf
mil. of doL.
Other financing institutions
do
Production credit associations
do—
Regional agr. credit corporations...do
Emergency crop loansf
do
Drought relief loans
do
Joint-stock land banks, in liquidation..do
Bank debits, total (141 cities)
do....
New York City
.
do....
Outside New York City
do
212
0
164
99
65
48
241
233
0
188
123
65
45
226
230
0
184
121
63
46
233
223
0
178
118
61
45
239
214
0
171
113
58
43
234
206
0
136
112
H
40
224
0
152
103
49
36
232
182
0
148
103
44
34
245
177
0
142
100
42
35
251
187
0
149
96
53
38
252
197
0
159
99
60
38
232
209
0
167
100
67
42
218
65
45
232
2,970
2,485
1,842
643
91
3,047
2, 580
1,897
684
94
3,053
2,568
1,890
678
91
3, 059
2 560
\, 886
674
88
3,058
2,553
1, 883
671
83
3,0<50
2, 549
1,880
609
SI
3,056
2,540
1,875
665
82
3,050
2,534
1,871
663
83
3,035
2,526
1,867
659
89
3,008
2,517
1,862
655
96
2,986
2,508
1,856
652
96
2, 973
2,500
1,851
648
93
2, 964
2,489
1,844
045
92
74
16
393
72
20
373
69
20
394
67
19
412
64
18
422
«2
65
15
434
67
15
433
73
16
420
79
17
394
77
17
383
16
381
75
16
382
192
36
182
6
119
50
46
32, 725
13, 268
19,457
165
35
160
8
118
52
62
29,482
12,138
17,344
176
36
174
8
124
52
61
34, 738
15, 201
19, 537
185
38
186
8
128
52
58
34, 769
15, 519
19, 250
191
38
195
8
129
52
56
34,194
14, 536
19, 659
166
40
200
8
130
52
55
31,960
13,110
18, 850
199
42
204
8
129
52
54
• 32,856
13, 612
• 19,244
203
42
203
7
128
52
53
29,918
11, 604
18, 314
197
41
195
7
127
51
52
30, 862
12, 594
18,267
191
35
180
6
122
51
51
36,317
14,952
21,365
188
34
173
6
119
51
51
35, 771
14,952
20, 819
187
34
172
6
118
50
48
' 42, 952
18, 626
24, 327
186
35
174
6
117
50
47
37, 645
15, 147
22, 498
U58
J 03
' Revised. * Preliminary.
° Less t h a n $500,000. c^To avoid duplication these loans are excluded from t h e totals.
* N o t available.
^Construction wage rates as of M a r c h 1, 1941; common labor, $0,716; skilled labor, $1.47.
§Figures for special types of public assistance a n d general relief exclude t h e cost of hospitalization and burial. T h e cost of medical care is also excluded beginning September 1940; this item is included in all earlier d a t a o n general relief and in figures for July 1937-August 1940 on special types of assistance.
fRevised series. Indexes for Illinois revised to a 1935-39 base; for factors for converting indexes on a 1925-27 base beginning 1935. see p . 29 of t h e J a n u a r y 1941 Survey.
Revised indexes for Wisconsin beginning 1925 will be shown in a n early issue. For revisions in data on emergency crop loans published in t h e Survey prior to t h e September
1940 issue, see note marked "f" on p . 76 of t h e F e b r u a r y 1941 Survey. Total public assistance a n d "other Federal agency projects financed from emergency f u n d s " revised
in t h e M a r c h 1941 Survey to exclude earnings on regular Federal construction projects; revised data for 1933 to 1939 will be published in a subsequent issue.
*New series. F o r d a t a beginning 1933 for old-age assistance, see table 56, p . 17 of t h e December 1940 Survey. D a t a on earnings on regular Federal construction projects
beginning 1933 not shown in t h e M a r c h 1941 Survey will b e published in a subsequent issue
31
SURVEY OF CURRENT BUSINESS
April 1941
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the February
1940 Supplement to the Survey
1941
1940
February
March
April
May
June
July
August
September
October Novem- December
ber
January
FINANCE—Continued
BANKING—Continued
Federal Reserve banks, condition, end of mo.:
Assets, total..
mil. of dol._
Reserve bank credit outstanding, total
mil. of dol..
Bills bought
do
Bills discounted
do
United States securities
do
Reserves, total
do
Gold certificates
do
Liabilities, total
do
Deposits, total
do
Member bank reserve balances _____ do
Excess reserves (estimated)
do
Federal Reserve notes in circulation do
Reserve ratio
. _.. percent..
Federal Reserve reporting member banks, condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted
mil. of dol..
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of doL.
States and political subdivisions
do
United States Government
do
Time, except interbank, total... mil. of dol._
Individuals, partnerships, and corporations
mil. of dol..
States and political subdivisions _do
Interbank, domestic
do
Investments, total
___do.__.
U. S. Govt. direct obligations, total..do___.
Bills..
do....
Bonds
do
Notes
.
do
Obligations fully guaranteed by U. S. Government
mil. of doL.
O ther securities
do
Loans, total
do
Commercial, industrial, and agricultural
loans
mil. of dol_.
Open market paper
do
To brokers and dealers in securities--do
Other loans for purchasing or carrying
securities
mil. of doL.
Real estate loans
.
do
Loans to banks
do
Other loans
do
Instalment loans to consumers:*
By industrial banking companies:
Loans made--.
do
Repayments
do
Amount outstanding, end of month-..do
By personal finance companies:
Loans made
do
Repayments
do
Amount outstanding, end of month-. .do
Money and interest rates:
Bank rates to customers:
New York City
percent..
7 other northern and eastern cities
do
11 southern and western cities
do....
Bond yields, Moody's (see p. 36).
Discount rate (N. Y. F. R. Bank)
do_._.
Federal land bank loans
do
Federal intermediate credit bank loans, do
Open market rates, N. Y. C :
Prevailing rate:
Acceptances, prime, bankers, 90 days
percent-Corn'l paper, prime, 4-6 months
do
Time loans, 90 days (N. Y. S. E.)._do
Average rate:
Call loans, renewal (N. Y. S. E.)_..do.__.
IT. S. Treasury bills, 91 days
do
Av. yield, U. S. Treas. notes, 3-5 yrs..do
Savings deposits:
Savings banks in New York State:
Amount due depositors
mil. of doL
U. S. Postal Savings:
Balance to credit of depositors
do
Balance on deposit in banks
do
COMMERCIAL FAILURES!
Grand total
number..
Commercial service, total
do
Construction, total
do
Manufacturing and mining, total
do
Mining (coal, oil, miscellaneous)
do
Chemicals and allied p r o d u c t s . . . .
do
Food and kindred products
do
Lumber and products
do
Iron and steel and products
.
do
Leather and leather products
..do
Machinery
_____do..-.
Paper, printing, and publishing
do
Stone, clay, and glass products
do
Textile-mill products and a p p a r e l . . . . d o
Transportation equipment
do....
Miscellaneous
...do
23,528
19,497
19, 677
20, 042
20, 585
21, 408
21, 801
22,176
22, 440
22,865
23, 017
2,265
0
3
2,184
20, 366
20,031
23,528
16,351
14,203
6,534
6,022
91,0
2,547
0
7
2,477
16, 181
15, 813
19, 497
13,630
12, 328
5,692
4,872
87.5
2,529
0
4
2,475
16, 451
16,076
19, 677
13, 815
12, 423
5, 828
4,931
87,8
2,518
0
3
2,467
16, 809
16, 428
20, 042
14,152
12, 919
6,149
4,941
88.0
2,519
0
3
2,477
17, 346
16, 994
20, 585
14, 575
13, 237
6,385
5, 057
88.4
2,531
0
2
2,466
18,120
17, 754
21, 408
15,213
13, 781
6,857
5,199
2,484
0
4
2,448
18, 579
18, 202
21, 801
15, 575
13, 498
6,514
5,248
89.2
2,516
0
4
2,436
18, 959
18, 618
22,176
15, 867
13, 541
6, 525
5,370
89.3
2,485
0
5
2,434
19, 272
18,940
22, 440
16, 063
13, 727
6,655
5,450
89.6
2,412
0
4
2,333
19, 632
19, 289
22, 865
16, 218
14, 208
6,960
5, 577
90.1
2, 304 r 2, 274
0
0
3
4
2,184
2, 199
19, 881 20,036
19, 586 19, 760
23,017
23,262
16, 191 16,127
14,215
14,026
6, 849
6, 615
5,743
5, 931
90.6
90.8
2, 250
0
2
2,184
20,285
19,913
23, 306
16,396
13,930
6, 380
5,884
91.0
23,431
19,414
19,175
19, 6
20, 287
20, 510
20, 984
20, 901
21, 152
21, 858
22,189
22, 299
22,932
22,812
1,820
332
5,478
18, 929
1,432
559
5,302
18, 743
1,351
562
5,373
19, 253
1,594
560
5,323
19, 696
1,578
560
5, 333
20,167
1,434
515
5,352
20, 499
1,497
505
5,341
20,415
1,440
509
5, 380
20, 741
1, 463
508
5, 381
21, 266
1,651
506
5,371
21, 771
1, 495
509
5,397
22, 324
1, 595
451
5,455
22, 401
1,579
214
5,448
5,273
179
9,253
16, 955
10, 334
727
7,052
2,555
5,085
201
8,085
14,740
8,851
647
6,469
1, 735
5, 165
188
8,424
14, 666
8,848
509
6,518
1,821
5,121
183
8,460
14, 881
8,960
593
6,496
1,871
5,120
191
8,431
15, 049
9,081
627
6, 528
1,926
5,146
183
8,577
15,124
9,202
757
6,382
2,063
5,144
175
8,239
15, 461
9,457
791
6,567
2,099
5,174
182
8, 505
15, 622
'9,373
705
6,573
2,095
5,187
170
8,734
15, 544
9,280
628
6,540
2,112
5,171
175
8,707
15, 693
9,374
736
6,804
1,834
5,180
192
8,843
15, 774
9, 543
784
6,898
1,861
5, 234
196
9,065
16,137
9,719
611
'6,978
' 2,130
5,240
185
9,076
16,368
9, 950
685
7,051
2,214
2,766
3,855
9,495
2,421
3,468
8,528
2,380
3,438
8,649
2,427
3,494
8,661
2,399
3,569
8,475
2,405
3,517
8,462
2,418
3,586
8,517
2, 584
3, 665
8, 566
2,582
3, 682
8,785
2,627
3,692
2,707
3, 524
9, 128
2,743
3, 675
9, 390
2,744
3, 674
9, 308
5,227
319
478
4,324
332
609
4,414
337
625
4,409
326
626
4,367
322
478
4,438
301
380
4,441
291
419
294
390
4,630
297
446
4,773
304
410
4,911
299
467
5,018
301
584
5,076
314
458
455
1,232
36
1,748
478
1,185
52
1,548
476
1,185
51
1,561
474
1,187
52
1,587
481
1.189
46
1,592
471
1,199
40
1,633
474
1,210
40
1,642
463
1,219
48
1, 672
460
1,220
41
1,691
455
1,222
36
1,709
460
1,228
39
1,724
465
1,230
37
1,755
459
1,229
35
1,737
39.9
38.4
258.9
46.4
41.7
263.6
47.8
43.1
268.3
48.2
42.6
273.9
47.0
42.6
278.3
45.3
44.2
279.4
42.6
42.0
280.0
41.0
38.5
282.5
44.4
43.8
283.1
4'A. 7
43. 1
283. 7
48.6
44.6
287.7
44. 5
43.3
288.9
62.4
61.3
440.5
80.7
73.0
448.2
76.5
69.8
454.9
78.6
71.3
462.2
79.1
70.3
471.0
78.4
72.7
476.7
76.8
70.0
483.5
69.2
68.4
484.3
74.3
74. 1
484.5
77.4
74.8
487.1
107. 6
89.3
5C5. 4
68. 5
70.5
503.4
2.03
2.67
3.35
1.00
4.00
1.50
1.00
4.00
1.50
1.00
4.00
1.50
2.00
2.49
3.38
1.00
4.00
1.50
1.00
4.00
1.50
2.14
2.56
3.43
1.00
4.00
1.50
VA
VA
VA
1.00
4.00
1.50
1.00
4.00
1.50
23,306
2.00
2.53
3.36
1.00
4.00
1.50
1.00
4.00
1.50
1.00
4.00
1.50
1.00
4.00
1.50
1.00
4.00
1. 50
7
y
A(;
iU
VA
VA
VA
VA
VA
H-5A
VA
1.00
.04
.55
1.00
.02
.46
1.00
.02
.42
1.00
.02
.45
1.00
.06
.65
1.00
.10
.76
1.00
.05
.57
1.00
.04
1.00
.05
.48
1.00
.02
.43
5, 652
5, 632
5,676
5,660
5,644
5, 670
5, 631
5, 629
5, 657
5, 635
1,316
32
1,297
48
1,301
45
1,303
44
1,299
43
1, 293
43
1,297
42
1, 298
41
1,296
40
1,296
38
' 1.299
'37
1,129
66
58
182
7
7
25
24
1,042
48
66
184
6
7
36
21
8
13
7
19
2
42
1
1,197
55
63
202
5
11
35
30
11
8
8
19
3
41
4
27
1,291
72
78
246
11
7
54
24
14
7
7
32
6
53
4
27
1,238
46
70
245
5
14
33
34
10
14
13
27
2
54
3
36
1,114
48
61
207
7
1,175
50
65
206
7
16
30
29
14
4
11
12
2
56
4
21
1,128
49
49
196
8
9
21
28
7
9
14
24
3
46
4
23
976
49
58
173
7
8
22
24
1,111
44
71
200
6
8
40
21
7
6
14
20
3
54
1,024
40
53
196
6
15
29
22
14
7
11
19
1
44
4
24
/2
23,262
29
30
10
7
20
2
39
6
21
V/i
i.oo j
1.00
. 02
.43
5, 683
.02 i
.34 !
1.00
.02
.35
5,664
1, 304
38
1,314
1,086
48
57
188
6
13
30
20
6
10
6
11
3
59
1
23
, 124
43
54
161
27
15
6
6
5
16
4
44
1
23
19
Revised.
tRevised series. See footnote marked " t " on page 32 of this issue.
*New series. For data beginning 1929 for industrial banking companies, see p. 18 of the September 1940 Survey; data beginning 1929 for personal finance companies will
be shown in a subsequent issue.
r
32
SURVEY OF CURRENT BUSINESS
April 1941
1941
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
!
May
June
July
SepI August ! tember I October Novem-1 Deeera- j January
ber
her
FINANCE—Continued
COMMERCIAL FAILUBESf—Continued
Failures-—C ontinued.
Retail trade, total
number..
Wholesale trade, total
do
Liabilities, grand total
thous. of dol..
Cornmercial service, total
do.
Construction, total
do.
Manufacturing and mining, total
.do....
Mining (coal, oil, miscellaneous)
Jo....
Chemicals and allied products
Food and kindred products..-.-..Lumber and products
.do...
Iron and steel and products
. do
Leather and leather products
do
Machinery
do
Paper, printing and publishing
do
Stone, clay, and glass products
do_.._
Textile-mill products and apparel
do
Transportation equipment
.._do
Miscellaneous
do
Retail trade, total
do
Wholesale trade, total...
do
719
104
13,483
552
836
5, 983
2V»4
172
1,052
765
354
127
503
185
24
000
619
1,288
4, 501
1.611
642
754
102
123
13,472
11,681
575 I
668
1,655 j
4,876
226
290
1, 104
586
247
512
856
52
497
214
234
4, 503
1, 863
781
114
16, 247
911
1,547
6. 853
488
4,274
142
336
849
676
470
242
109
267
71
696
107
309
4, 647
1, 340
1. 627
538
307
180
92
1,344
182
752
251
1, 040
5, 270
1, 666
120
13, 068
570
1, 201
4, 506
200
117
750
814
432
214
206
278
32
836
87
540
5, 145
1, 646
685
113
lo. 734
1,100
984
4,953
444
40
1, 002
548
132
2.25
288
226
82
1,026
140
774
5 314
1 383
732
102
12, 997
562
1, 272
4, 386
421
31
770
845
123
197
325
288
16
1,171
40
159
5, 056
1,721
646
588
681
89
108 !
115
12, 715
16. 572
11.397
574
541
596
854
893
838
4, 740
5. 247
9, 090
1, 345
361
3, 067
195
432
444
272
1.074 j 1,512
227
866
358
92
49
369
100 |
86
75
142 '
175
146
890
250
399
69
25
112
838
695
1,443
1. 399
259
37
578
316
380 !
4, 699
3, 563
4, 194
1, 349
1,660
1,846 I
691
102
771
95
11,888
359
599
4,217
197
8s
>
894
293
555
214
29
524
163
82f
7
433
5,084
1,629
13, 309
665
1, 043
5, 92S
117
441
2, 347
254
708
158
72
259
422
873
15
262
4,097
1, 576
j
LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, totalt
mil. of doL.
Mortgage loans, total
do
Farm
do.
Other
do.....
Real-estate holdings
do . .
Policy loans and premium notes.. _.do_..
Bonds and stocks held (book value), total
mil. of dol
Gov't. (domestic and foreign), total., do. _.
U. S. Government.. _ _.
do.,.
Public utility
.do,..
Railroad
do...
Other
. _. do.....
Cash
do
Other admitted assets
do
Insurance written:®
Policies and certificates, total number
thousandsGroup
do.. ~
Industrial
do...
Ordinary...
do.-..
Value, total
.
thous. of dol
Group
..
do .
Industrial...
..do...
Ordinary
do . .
Premium collections, total®
do .
Annuities
._.....
do
Group
do-_Industrial
do...
Ordinary
do...
3,894
1,718
2.472
24, 420
4, 573
662
3,911
1,716
2, 467
24, 494
4, 591
663
3, 928
1, 714
2, 463
24, 623
4, 608
663
3, 945
1, 714
2, 453
24,719
4.621
663
3, 958
1, 716
2,445
24, 869
4, 650
663
3,987
1, 710
2, 436
24. 963
4.670
666
4.004
1,707
2. 425
25, 076
4,694
664
4,030
1,701
2, 413
25, 170
4, 697
663
4, 034
1,661
2, 398
14,035
6, 396
4. 624
3,481
2, 659
1,499
983
475
14.218
6. 529
4, 756
3, 504
2, 668
1,517
906
470
14,325
6.517
4, 735
3, 509
2,717
1,582
875
464
14.347
6, 520
4, 721
3, 545
2, 708
1,574
952
427
14. 527
6.651
4.852
3, 572
2, 699
1.605
897
424
14,624
6,738
4, 929
3, 579
2, 694
1, 613
888
425
14, 692
0,811
4, 991
3, 598
2,717
1,566
922
459
14,769
6, 819
4, 983
3. 622
2, 731
1, 597
933
459
14,851
6,866
5, 010
3, 619
2,745
1,621
955
462
15.034
6, 889
5, 036
3,784
2, 689
1,672
862
518
697
25
439
232
561,688
38, 120
125, 226
398, 292
263,077
25, 562
12, 451
56,154
168,910
770
26
483
262
616,085
37, 556
138, 545
439,984
277, 439
27, 248
12, 960
62, 337
174,894
766
30
472
263
624. 770
39, 800
135. 852
449,118
268, 866
24, 971
12, 239
69, 543
162, 113
793
42
494
256
626, 357
44, 869
141,921
439,567
266, 430
24, 750
12, 583
57, 252
171,845
714
697
35
33
446
428
233
235
597,450 i605, 326
48,946 I 43, 520
128, 232 124. 192
420,272
437,614
256, 508 267. 714
25, 173
35, 043
11, 594
12.812
57, 112
55, 547
162. 129 164, 312
683
32
426
225
579, 283
53, 757
123, H I
402,415
246, 254
22, 854
12, 339
55, 451
155, 610
691
28
443
220
549, 955
40, 720
127,974
381, 261
248. 824
25, 938
12,303
60, 409
150, 174
798
35
506
256
648, 903
55,244
146, 465
447. 194
246, 403
21.941
12. 368
51, 766
160, 328
28
468
226
560, 912
34,256
134,859
391,797
251. 508
28, 454
11,844
56,278
154, 932
506, 212
39, 633
144, 717
120, 473
46,661
47, 164
17, 657
36.141
12, 761
41, 005
567, 872
43,149
159,172
132,728
53, 070
53, 054
21, 969
42, 665
14,730
47, 335
574, 453
43, 976
158, 874
132, 454
54, 293
57, 784
20, 752
42, 825
15, 754
47,741
571,625
42,416
157, 222
131,230
58, 864
55, 897
21,857
41, 550
15,154
47, 435
553, 086
41, '727
146,613
123,270
54, 290
58, 094
24,VI1
44, T>95
14,956
44,830
91
528, 330
39,632
133,296
119,572
54,877
52, 751
20 882
42. 674
15,994
48, 652
503, 427
38, 056
129,066
113,821
50, 238
51, 668
20,913
42. 647
12, 758
44, 260
573, 504
44. 112
158, 087
130,687
56, 173
56, 987
21, 624
41,778
14, 747
49, 309
505, 474
38, 381
139,103
115,940
47, 328
50, 654
19,440
37, 908
12,924
43, 796
. 298
.169
.061
.302
.867
.052
.573
.022
.401
.050
.234
.167
.531
.238
3. 963
.298
.170
.061
.302
.829
.052
.571
.021
.401
.050
.234
.167
. 531
.238
5.759
298
.169
.061
.302
.842
.052
.570
.020
.401
.050
.234
.167
.531
.237
3. 526
.298
(2)
.061
.302
.863
.052
.570
. 298
.061
.302
.855
.052
.570
.399 !
.050 j
.234 |
.199
.400
.050
.234
.203
.400
.050
.234 |
.204 |
24, 130
4, 543
659
3, 884
1, 720
2, 496
24 240
4 552
661
24. 339
4, 555
3, 891
1 711
2 484
13,986
6, 373
4, 597
3, 464
2, 655
1, 494
921
464
727
32
464
231
589. 370
44.251
136, 166
408, 953
537, 557
46, 549
148, 981
126,136
49, 509
50, 217
20, 201
39, 829
12,481
43, 654
661
•
721
800
67
491
238
691,740
108,003
142. 371
444, 366
357, 173
51, 185
14,956
91, 469
199,563
689
30
439
219
573, 124
35. 744
126,458
410, 922
285,226
39, 681
15.336
60. 863
169.346
596,534
40, 072
159,584
137, 459
58,527
61.072
25, 230
46, 644
16, 370
51, 576
93
522, 762
43, 440
151,318
121,164
46, 963
49, 473
19, 207
35, 973
12, 348
42, 876
(Life Insurance Sales Research Bureau)
Insurance written, ordinary, total.thous. of dol.
New England
do
Middle Atlantic
do.._
East North Central
do.__
West North Central
do...
South Atlantic
do
East South Central
do
West South Central
do_._
Mountain
do.. .
Pacific
do ._.
Lapse rates
1925-26=100.
MONETARY STATISTICS
Foreign exchange rates:
Argentina
dol. per paper peso.
298
Belgium
dol. per belga_ (?)
Brazil, official
dol. per milreis._
.061
British India
.
dol. per rupee._
.301
Canada
dol. per Canadian dol._
.837
Chile
dol. per peso..
. 052
Colombia
do
.570
France
dol. per franc. _
(2)
Germany
dol. per reichsmark...
.400
Italy
dol. per lira .
.050
Japan...
dol. per yen....
.234
.205
Mexico
dol. per peso..
Netherlands
dol. per guilder. .
(2)
.238
Sweden
dol. per krona -.
United Kingdom
dol. per £ . .
4. 030
Gold:
Monetary stock, U. S
mil. of dol..
22, 231
Movement, foreign:
Net release from earmark t thous. of doL.
-46,153
Exports
do
6
Imports
do
r
108,615
18,177 s 18,433!
36,954
53
201,475
-213,447
18
459. 845
.298
. 298
M67
.060
.301
.810
.052
.570
.019
.400
.050
.234
. 061
.201
.801
.052
.572
3.020
.400
.050
. 167
i 531
.
.238
3.274
18,770 1 19,209;
67,162
33
249,885
.234 I
.134 I
,238 j
3.602
19,933!
.298
(2)
.061
.301
.869
.052
.571
(2)
.400
.050
.234
.199
(2)
.238
3. 805
)
.061
.301
. 869
.052
.570
(2)
.400
.050
.234
.200
(2)
.238
3.979
.061
.302
.869
.052
.570
298 I
.061
.302
.866
.052
.571
(2)
.400
.050
.234
.204
(2)
.238 |
4.034 :
20,463 | 20,913 j 21,244!
-36,652 -437,234 --55,064 > 66,976! 36,628
3,563
1.249
8
10
13
43S. 695 1,164,224 : 519.983 351.563
334,113
238 !
4.033 !
21,506
. 298
!
\
!
I
!
.061
.301
.848
.052
.571
(/•)
\400
.050
. 234
. 205
()
.238
4.034
.238 !
4.036 !
.238
4. 035
21,801:
21,995
22,116
7,417
3
137,178
-52,812
4
234.246
-117,947 -39,495
17
6
325.981
330,113
2
s
Revised.
* Average for M a y 1-9.
N o quotation.
Average for J u n e 1-1 .c.
1Or increase in earmarked gold ( - ) .
J37 companies having 82 percent of total assets of all United States legal reserve companies,
<S>40 companies through 1940 and 39 companies in 1941 having 82 percent of total life insurance outstanding in all United States legal reserve companies.
fRevised series. Classification revised to conform to t h e " S t a n d a r d Industrial Classification," issued by t h e Central Statistical Board, involving only a few changes in
titles and transfers between classifications. Bakeries with retail outlets were shifted from manufacturing to retail trade. Coal mines, oil wells, quarries, etc., reported under
mining, m a y be subtracted from the manufacturing group to give a true manufacturing total. For previous revision of 1939 data, see p. 31 of the March 1940 Survey
April 1941
Monthly statistics through December 1939, together with explanatory notes and rteferences
to the sources of the data, may be found in the
1940 Supplement to the Survey
33
SURVEY OF CURRENT BUSINESS
1940
March j April
May
June
July
1941
October N o ™ . - D ^ m -
August
January
FINANCE—Continued
MONETARY STATISTICS-Continued
Gold—Continued.
Production, estimated world total, outside
97, 588 104, 051 106, 852 106 367 r 104, 336 "110,119
U. S. S. R
thous. of doL.
81, 345 88, 059 v 90, 940 p 90 554 P 88, 267 p 93, 871
Reported monthly, total f
do._-.
46, 006 p 47, 516 v 48 471 p 47,027 p 48, 475
44,311
A fr ica
do
14,188
15, 045 14, 652 15,488 15, 795 15, 982
Canada
do
13, 300 16, 201 16, 391 16,483 14,845
18, 849
United States©
do
Receipts at mint, domestic (unrefined)
fine ounces _ 266, 601 179, 559 259, 423 240,003 233 901 231, 486 368,330
7,848
Currency in circulation, total
mil. of doL.
8,782
7,883
7,455
7, 511
7, 559 1f710
Silver:
594
884
298
177
657 I
15
817
Exports
...thous. of doL..
5,170
4,070
5,724 I
4,673
5,378
3,292
Imports
do
4,589
.348
.348
.348
.348
.348
.348
Price at New York
______dol. perfineoz__
349
22,088
22, 501
24, 785
Production, world
thous. offineoz..
22^ 269 23, 423 23, 091
1, 690
1, 786
1,770
2,042
3,096
Canada §
do
1
,997
6,511
6,785
5,723
8,140
6,861
Mexico
do
5, 619
5,744
5,530
5,611
6,120
United States
do
5,373
5,840
Stocks, refinery, end of month:
2,295
1, 385
2,447
United States
do
3,997
1 870
,
3,424
109,829 -•107,027 r 115, 014 r 109, 690 •109,388 107, 746
» 93, 762 P 90,881 * 99,001 p 93, 729 p 93, 385 p 91, 743
> 48, 702 P 47, 553 * 49,031 * 48, 203 v 47, 771 p 48, 918
r
r
16, 318
15, 416
16, 360 r 15, 750 15, 755 v 15, 775
16, 035
17, 065
21, 744 19, 692 19, 434 16, 646
307, 780
8,059
341,402
8,151
180
139
4,107
.348
22, 836
1,791
8,120
4,419
4,656
.348
' 23,827
1,795
7,990
5,049
447, 526 397, 336 338,006 263,088
8,522
8,300
8,732 j 8,593
87
4,857
.348
22,982
1,673
7,090
5, 609
68
4,721
.348
123
4,690
.348
1,708
7,104
6,367
1,642
4,568 |
5,733
6, 499
1, 522
2,107
1,730
319
4, 576
.348
1,792
CORPORATION PROFITS
(Quarterly)
Federal Reserve Bank of New York:
Industrial corporations, total (168 cos.) +
mil. of dol.Autos, parts, and accessories (28 cos.) .do
Chemicals (13 cos.)
do....
Food and beverages (19 cos.)
do
Machinery and machine manufacturing
(17 cos.)
mil. of dol,_
Metals and mining (12 cos.)
do
Petroleum (13 cos.)
.do
Steel (11 cos.)
do
Miscellaneous (55 cos.)t
do _
Public utilities, except steam railways and
telephone companies (net income) (52 cos.)
mil. of doL..
Federal Communications Commission:
Telephones (net op. income) (91 cos.).-do
Interstate Commerce Commission:
Railways, class I (net income)
do
Standard and Poor's Corporation (earnings):A
Combined index, unadjusted*
1926=100..
Industrials (119 cos.)
do
Railroads (class ! ) •
do
Utilities (13 cos.)
do
246.6
92.9
37.1
17. 1
72.3
32.9
9.0
4.5
15.9
35.1
35.0
9.0
3.9
12.1
38.1
36.7
184.8
19.4
30.1
17.7
58.9
37.0
61.9
1.6
92.6
102. 5
68. 5
87.2
95.1
0.9
'78.4
*40.7
p 109. 5
124.5
p 111.4
p 115.4
p 71. 2
p 105. 0
PUBLIC FINANCE (FEDERAL)
Debt, gross, end of month
mil. of dol_. 46,090 42, 375 42,559 I 42,663
44,140
44, 075
42,810 42, 971 43,774
43,909
44, 277 • 45, 039 45,877
Public issues:
40, 002 37, 493 37,531
Interest bearing
do
38,462
38, 337
37, 605
38, 386 38,419
38, 502 ' 39,102 39,895
37,671
37,625
Noninterest bearing
do
577
591
593
557
589
557
541
•"568
526
554
584
566
555
Special issues to government agencies and
trust funds
mil. of doL.
5,102
5, 370
4, 775
5,426
4,471 I 4,496
4,356
5, 534
5, 209
4,853
4, 585
Obligations fully guaranteed by U. S. Gov't:
5,808
5,528
5,810
5,915
Total amount outstandingcf
mil. of doL.
5,917
'5,812
5,663 | 5,656
5,673
5,919
5,914
5,526
5, 535
By agencies:^
1,269
1, 269
1,269
1, 269
1,269
Federal Farm Mortgage Corp
do . .
1, 269
1,269
1,269
1,269
1,269
1,269
1,269
1,269
2,623
2,621
Home Owners' Loan Corporation __ do
2, 615
2,614
2,770
2, 763
2,618
2, 612
'2,627
2,631
2,641
2, 634
Reconstruction Finance Corp
do
2, 783
1,097
1,097
1,097
1,097
1,096
1,096
1,097
1,097
1,096
1,096
1, 096
1,096
Expenditures, total, including recovery and
1,096
relief f
thous. of dol. _11,077,438 668, 376 871,554 792, 288 648,814 933,880 830,599 708,382 760, 286 870, 241 817,888 11,187,27' 1,117,844
i1,054,387 654,170 815,963 756, 975 642, 330 883,092 699,794 693,620 757, 536 873, 936
',821 1,172,540 1,091,428
General (including recovery and relief).do
|
930
Revolving funds, net
do
5,072 -13,009 - 8 , 954 - 4 , 939 - 2 2 , 726
-486
1,702
3, 812
3,425
5, 633
975
5,988
! 20,000
20, 000
0
10,000
113,520
10,000
0
17, 500
20, 000
Transfers to trust accounts!
do
3, 500
0
25, 195
0
I 2, 122
1,244
394
12, 212
1,704
792
15, 223
7,214
Debt retirements
do
47, 363
49,958 I 9, 325
2, 576
2,010
I 673,690 443,830 934,208 !304, 203 399, 598 784, 218 367, 064 566, 388 711,124 365, 351 484,796 740, 929 371, 605
Receipts, total
do
! 541,352 443, 830 799,391 j 304.203 399 598 648, 323 331,221 447, 196 710, 584 333, 258 362, 078 740, 226 339, 778
Receipts, net*
do
31, 630
29, 371
29, 783
Customs
do
28, 101
28, 702 i 26, 479
25, 651
27, 923
25, 225
22, 027
33, 257
26, 251
23, 630
i 502,046 394, 688 886,370 | 201, 772 356, 508 694, 932 326, 141 522,813 672, 540 318, 578 438, 484 692, 937 319,169
Internal revenue, total
do
| 104,408
44, 039
Income taxest__
do
62, 663 665,487 I 47, 621
48, 906 428,722 r 62, 759
40, 197 463, 786 ! 49,655 | 37, 645 431,669
j 193,379 177, 756
34, 498
Social security taxes
do
30,481 ! 39, 194 137,299
29.437 | 37, 614 138, 013
46, 613
31, 749 I 39,098 | 139, 131
Taxes from:
2,194
1,910
Admissions to theaters, etc®.
.._do
1.684 | 2,021
1, 853
1,646 ;
1,633 1,734
2,391 | 2,001
1, 791
2, 208
1,881
Capital stock transfers, etc®
do
1, 025
1,833 |
1,271
948
1,306
887
488
486 |
1, 043
669
784 !
1, 593
Government corporations and credit agencies:
12,371
12,116 i 12.176
12, 398
Assets, except intcragency, total__mil. of doL.
12,078
] 2, 085 12,021
12, 092
12,518 ! 12,500
12.410
12, 645
Loans and preferred stock, total..
do
8,922
8,680 j 8,682
8,914
8,639
8, 470
8, 613
8, 888
8,513 | 8,623 | 8, 583
8, 930
Loans to financial institutions (incl. preferred stock)
mil. of doL.
1,202 | 1, 189 I 1, 194
1, 212
1,198
1,180
1.196
1,170
1,208
1,221
1,174
1,198
Loans to railroads..
do
552
515
524
513
517
512
509
515
516
523
521
553
2,342 j 2,336 I
2,377 i 2,347
Home and housing mortgage loans.-do
2, 365
2, 355
2, 323
2,348
2,387
2, 390
2,424
Farm mortgage and other agricultural
j
loans
._,.mil. of dol._
3, 224
3,349 I 3,328 | 3,302
3, 699
3,700
3, 233
3, 705
3,700
3, 257
3,209
3,280
All other_.
do
1,197 i 1,200 ! 1, 214
1,140
1,183
1,160
1,118
1,298
1, 309
1 291
,
1,187
1,185
U. S. obligations, direct and fully guaran824 j
895
893
834
teed.
mil. of dol._
879
846 |
827
895
891
871
829
950
570
555
562
569 !
552
597
559
567
601
Business property ___
do
558
593
599
1.061 j 1, 081
644
629
1, 067
1,094
Property held for sale
do
608
1, 067
610
1 113
,
1,141
1,190
1,312 ' 1,313
All other assets
do
1,123
1, 043
1, 075
1,100
1,260
1,103
1,187
1 296
,
1,257 ' 1,367
r
d
Revised.
P Preliminary.
Deficit.
•Number of companies varies slightly.
AFormerly Standard Statistics Co., Inc.
©Adjusted to preliminary 1940 annual estimate of the U. S. Mint in cooperation with the Bureau of Mines.
IA merger during the second quarter of 1940 reduced the number of corporations in the miscellaneous group to 54 and the total to 167.
<8>Excludes collections from national defense taxes under Revenue Act of 1940.
cf The total includes guaranteed debentures of certain agencies not shown separately.
§Data reported by the Canadian Government have been substituted beginning 1940 for data previously reported directly by producers to the American Bureau of
Metal Statistics, as the latter data have been temporarily discontinued. Annual totals from the two sources have been in fairly close agreement but the monthly movement in the past has been quite different.
^Beginning with April 1940, where direct reports from foreign countries are lacking, available reports of the American Bureau of Metal Statistics are used. When no current reports are available at the time of compilation, the last reported figure is carried forward. The comparability of the data has been affected by these substitutions.
tRevised series. Data on total expenditures and transfers to trust accounts revised beginning 1937, and on income taxes beginning September, 1936; see table 50, p. 18 of
the November 1940 Survey.
*New series. For data beginning January 1937, see table 50, p. 18 of the November 1940 Survey
34
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- j 1941
gether with explanatory notes and references j
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
April 1941
1940
February
March j April ! May
j June
1941
j July
Deccm- | Januber | ary
| August
temb'er
October
FINANCE—Continued
PUBLIC FINANCE (FEDERAL)—Con.
Governmental corps, and credit agencies—Con.
Liabilities, other than interagency, total
mil. of doL.
Bonds, notes, and debentures:
Guaranteed by the U. S
do
Other
do. _. .
Other liabilities including reserves
do
Privately owned interests.'.
do
Proprietary interests of the IT. S. Government
mil. of dol Reconstruction Finance Corporation, loans outstanding, end of month: t
Grand totalt
thous. of dol 11,940,015
I 768,580
Section 5 as amended, total
do
Banks and trust companies, including
I
receivers
_ _ .thous. of dol _ 108,771
Building and loan associations
do j 4,262
j 1,790
Insurance companies
do
169,027
Mortgage loan companies
do
Railroads, including receivers
do ) 481,977
All other under Section 5
do i 2,753
Emerg. Rel. and Constr. Act, as amended:
Self-liquidating projects (including financing repairs)
thous. of dol. j 19,443
Financing of exports of agricultural surpluses.
thous. of dol. _j 4 7
Financing of agricultural commodities
and livestock
thous. of doL_ | 443
Direct loans to business enterprises (including participations)
thous. of doL . 117,464
Loans for National Defense under the Act
of June 25, 1940*
thous. of doL. 80,912
Total, Bank Conservation Act, as amended
thous. of dol.. 468, 853
82, 897
Drainage, levee, irrigation, etc
do
401, 378
Other loans and authorizations!
do
8,053 i
8.052 |
8,053 j
7,912
7,977
7,842
8,400
8,403 |
8,406
8,579
8,526
8, 599
5, 675
1, 321
1,057
400
5, 664
1.323
1.065
401
5, 657
1, 327
1,069
403
5, 535
1, 337
1,039
404
5, 529
1, 343
1,105
405
5, 526
1, 351
964
406
5,811
1,354
1,234
407
5,809
1, 356
1,238
410
5,808
1,354
1,243
412
5,919
1,422
1, 237
413
5,917
1,395
1,214
415
5.915
1,389
1,294
417
4, 025
3. 663
3, 719
3,770 |
3,639
3,844
3,603
3,558
3, 580
3,526 !
3,559
4,046
1,615,094 1,619,293 11,616,429 1.611,515 1,635,255 1,651,829 1,651,615 1,621,602 1,648,746 1,698,511 il,712,764 |l,804,379
706, 458 715, 979 718,030 712, 328 720, 085 749, 921 753,087 715, 778 720,324 751,498 763,'653 I 770,
'0, 730
94,
3,
2,
142,
458,
3,
872
647
457
876
841
765
93, 128
3, 480
2, 433
145,436
467, 887
3, 615
90 613
3 637
2,389
146 243
471 747
3 401
38, 230
37, 870
38. 540
47
47
47
747
747
675
131,919
130, 704
130,466
89,008
4,138
2, 354
146, 846
466, 093
3,889
87, 761
4,347
2, 331
145,951
475,856
3.839
86, 303
4,270
2,313
146, 637
506, 623
3,775
85, 226
4, 625
2,188
149,737
507. 627
3,684
4.597
2,176
151,456
470, 039
3,612
83,110
4, 690
2,105
157,094
469,769
3, 554
109,214 115,028
4, 268
4, 581
1,998
2,077
159, 534 165.118
472,596 473,881
3,498 ! 3,360
112,026
3,998
1,906
168, 044
481.961
2,795
40,010 | 19,915
19,581 | 19,511
19, 486
550,091
83, 966
105, 796
20, 509
21, 262
31, 785
47
47
47
47
625
525
521
520
520
130,566
130, 732
129, 945
129,371
10
554, 240
83, 874
105, 249
19, 784
47
55
47 '
47 I
47
47
445
445 | 443
443
128,676
127, 906
126,008 ! 121,678
119,061
4,844
14,316
50,864 ! 38,387
I
58, 249
552, 134
83, 723
97, 028
548, 669
83, 740
98,851
574,558
83,596
105, 797
570, 778
83, 299
97,524
563, 561
83, 223
101, 242
564,516
83, 360
102,599
564, 744
83,409
105, 772
559.420 | 556,711
83,507 j 83,460
107,141 ! 128,875
70, 996 245, 723
6,516
8,753
5, 752
25,382
102, 761
3.022
2, 469
82, 577
5, 694
418
200,313
457
4, 140
123, 242
422
32, 246
130,581
15,405
5,851
287, 456
5,743
3,369
161, 748
2,862
4, 758
322, 618 415,699
0
0
4, 859 25,150
649, 195
83, 231
103, 936
CAPITAL FLOTATIONS
Security Registrations!
(Securities and Exchange Commission)
|
Total securities effective under the Securities ;
Act of 1933
thous. of dol I 183,098 249,933
Substitute securities*.
do |
0
1,225
Registered for account of others
do j 3,514 1, 088
Registered for account of issuers, exclusive of |
substitute securities
thous. of dol. J 179,584 247,620
Not proposed for sale
do I 18, 242
16,307
Proposed for sale:
Cost of
flotation:
I
Compensation to underwriters, agents, !
etc
thous. of d o l l 1,174
5, 547
Expenses
_ do I 874
_
1. 454
Net proceeds, total
do....i 159,294 224;, 312
To be used for:
j
New money
do j 13,069
17, 125
Purchase of:
i
10,832
Securities for investment
do (
0
Securities for affiliation
do j 1, 372
0
0
Other assets
do j
0
Repayment of bonds and notes.do
128,973 180,555
Repayment of other debt
do
13, 000
5, 420
Retirement of preferred stock., .do
2, 268 10, 249
Organization expense
do J (a)
((l)
Miscellaneous
do j 613
132
Gross amount of securities less securities reserved for conversion or substitution, total |
thous. of dol..I 182,543 241,143
Type of security:
Secured bonds
. . .do
133,159 153,522
Unsecured bonds
do
2,983
46, 506
Preferred stock
do
37, 565
17, 209
Common stock
do j 8,832
23, 369
Certificates of participation, etc
do
5
536
Type of registrant:
2. 375
Extractive industries
do j
0
Manufacturing industries
do j 24, 097 122,320
Financial and investment
do j 2, 983
12, 282
Transportation and communications.do
!
0
18, 504
Electric light, power, heat, gas and water
thous. of dol
151, 341
85, 413
Other
do
4,122
250
58, 727
11, 798
211,587
78,522
97.270 i 76, 464
0 | 20, 225
195, 715
429
90, 574
16, 717
109, 324
14,162
278, 345
22, 219
154,128
46,931
317, 760 390, 549
25, 594 24, 620
2,091
457
44,381
4, 632
1,042
127,391
3,126 ! 1,959
511 I 358
93,632 ! 53,923
4,523
1,182
189,581
3,410
374
70,074
3,248
657
91, 257
4,874
1, 233
250, 019
3,747
695
102, 755
6,882 1 10,677
1,626 | 1,226
283,658 354,025
22, 984
31, 996
45,432 i 14,899
9,309
33,863 j 18,165
2, 556 | '}, 030
2,016
0
279
0
0
200
0
33, 155 161, 423
76,621
8
6, 105 I
997
99 ! :>, 139
1,909
0
1
0!
18
52
o !
18,039
537
60
19,181
60
0
5
196
4,363
152
20
37, 342
2,694
1, 123
132
0
13
0
233,624
697
512
4
270
13,381
82
0
69, 825
681
9,427
10
40
4,612 1152, 842
249 |
0
173 I
0
223,900 ! 154,066
1,934 ! 2,093
18,256 I 25,711
0
0!
1,148
672 ;
273.307
158,886
11,291
43, 361
10, 232
0
1,384
8, 454
640
12, 248
0
132
3,943
0
0
53,532
7,818
18.316
28
393
60,474
225,510
99,739 I 76,882
199,591
116,780
115,167
13,477
0
19, 366
19, 409
8,223
44, 217
53. 866
84, 509
38, 424
4,493
3,200
75, 000
5, 039
14,119
2,381
105,148
72,000
11,040
9,209
2,194
6, 650
24, 878
16, 465
57, 917
10, 870
39,541
22, 598
16, 016
19,375
17, 637
70, 607
1,766
24, 263
26, 578
35, 672
1, 957
21. 567
16, 768
9,210
10,819
61, 839
14, 374
705
4, 864
86,112
2,745 j
3, 768
3,974
81,396
2,186
0
28
55, 205
19,407
500
12.750 j
38.158 i
6,815 i
1.731
18, 243
49, 926
200
147,045 135, 365
107,318
60, 037
48,907 I
6, 537
15,552
31, 826
35
5, 598
!
250
0
115,944
377
19, 353
693
209
488
824
10,150
84,018
53. 755
54,700 ! 111,676
,250 I 2,210 ! 359
13,319
28,323
50, 386
7,058
78. 052
10,734
171,360
11,740
8, 252 j
1,293
i
58, 144
0
1!, 254
6, 799
9, 685
75
!< 726
<J, 835
4,337
0 i
189. 833
700
318,856
1393,713
43, 668
3,487
Securities Issued t
(Commercial and Financial Chronicle)
Securities issued, by type of security, total (new
451, 787 242, 239 344, 874 251, 390 227,182 691, 472 282, 476 229, 314 710, 551 440, 266 605, 791 i 417,197
capital and refunding)
thous. of dol.. 341,
New capital, total
do
104, 167
71, 388 117,587 122,020
82, 728 397, 300 129, 776 113, 550 257, 391 263,436 189,899 I 95,321
Domestic, total
do
104, 167
70, 638 117,587 122, 020
95, 321
82,728 397, 300 129, 276 113,550 257, 391 263, 436 189, 899
Corporate, total
.do
46, 004
30, 527 53,925
89, 287
61,132
52, 789
9,771
46,233
47, 278 168,699
67, 938
68,006
Bonds and notes:
Long term
do
32, 746
15,957 ! 31,025
79,680
7,307
43, 783 ! 50, 208
43, 787
21,080 165, 756
52, 612
63, 728
Short term
do
10,000
100
0 I
910
1,000
330
0
0
0
0
0
0
Preferred stocks
do
2,190
3,700 i 15, 253
9, 703
1, 154
0
65
9,877
864
1, 096
2,720
13, 427
Common stocks
do
1,069
10,870 I 7,547
16, 321
6, 645
1, 096
9, 607
1,489
2,079
1,350
1.558
1,899
r
Revised.
° Less than $500.
^Includes repayments unallocated, pending advices, at end of month.
JSee note marked "%" on p. 35 of this issue.
i Includes $154,350,000 in face amount instalment certificates not included in the break-down by type of security.
tRevised series. Data on security registrations revised beginning January 1938, see table 47, p. 15 of the November 1940 Survey. Data on total loans of the Reconstruction Finance Corporation and "other loans and authorizations" revised beginning January 1937 to exclude a loan of $146,500,000 to the Rural Electrification Administration,
advanced in varying amounts during 1937-39, now classified under allocations; this loan has been excluded from data shown in the Survey beginning with the October 1940
issue. Certain other comparatively small revisions have been made in the grand total; currently such revisions are not carried into the detail.
•New series. For data beginning 1938 for substitute securities, see table 47, p. 15 of the November 1940 issue.
35
SURVEY OF CURRENT BUSINESS
April 1041
Monthly statistics through December 1939, to- 1 9 4 1
gether with explanatory notes and references
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
1940
February
March
April
May
June
1941
July
August
September
October Novem- December
ber
January
FINANCE—Continued
CAPITAL FLOTATIONS—Continued
Securities Issued J—Continued
{Commercial and Financial Chronicle)
Securities issued, by type of security—Con.
New capital—Continued.
Domestic—Continued.
Farm loan and other Government agencies
thous. of doL.
Municipal, State, etc
do
Foreign, total
do
Corporate
do
Government
do
United States possessions
do
Refunding, total
do
Domestic, total
do
Corporate, total
do
Bonds and notes:
Long term
do
Short term
do
Preferred stocks
do
Common stocks
do
Farm loan and other government agencies
thous. of doL.
Municipal, State, etc
do
Foreign, total
do
Corporate
do
Government
do
United States possessions
do
Corporate securities issued by type of borrower,
total
thous. of dol. _
New capital, total
do
Industrial-...
do
Investment trusts, trading, and holding
companies, etc
thous. of doL_
Land, buildings, etc
do
Public utilities
do
Railroads
do
Shipping and miscellaneous
do
Refunding, total
do
Industrial
do
Investment trusts, trading, and holding
companies, etc
thous. of dol..
Land, buildings, etc
do
Public utilities.
do
Railroads
do
Shipping and miscellaneous
do
Domestic issues for productive uses (Moody's):*
Total
mil. of dol..
Corporate
do
Municipal, State, etc
do
(Bond Buyer)
State and municipal issues:
Permanent (long term)
Temporary (short term)
8,125
37, 381
0
0
0
0
264, 381
264, 381
234,412
800
57, 363
0
0
0
0
347, 620
347, 620
211,342
5, 600
34,511
750
0
0
750
170, 850
170, 850
103, 799
5, 500
58,162
0
0
0
0
227, 287
227, 287
192, 353
3,000
29, 733
0
0
0
0
129,370
129, 370
83, 810
2, 250
70,707
0
0
0
0
144, 455
144,455
101,476
289, 458
61,608
0
0
0
0
294,173
294,173
225, 623
0
61, 338
500
0
0
500
152, 700
152 700
111, 494
0
45,544
0
0
0
0
115,764
112,564
62, 465
112,099
98,014
0
0
0
0
453,160
453,160
345, 347
42, 000
52, 737
0
0
0
0
176,830
176,830
92, 487
0
128, 767
0
0
0
0
415, 893
415, 893
328, 212
2,200
40, 332
0
0
0
0
321, 876
321, 876
267, 890
216,311
703
17, 398
0
196,870
0
14, 472
0
87, 049
3,000
13, 750
0
154,191
0
37, 546
617
83, 810
0
0
0
96.147
5,000
0
329
223,116
0
257
2. 250
107, 047
0
4, 421
26
60, 449
836
1,180
0
331,651
0
13, 651
45
64,475
2, 000
25, 595
416
285, 649
0
38, 702
3,861
248, 394
16, 670
2,286
540
17, 425
12, 544
0
0
0
0
21,695
114,583
0
0
0
0
17, 992
17,350
25,150
49,059 I 17,584 I 20, 409
0
0
0
0
0
0
0
0
0
0
0
0
28,870
14,108
0
0
0
0
48, 400
20, 150
0
0
0
0
27 525
13 681
0
0
0
0
26, 000
24,099
3,200
0
0
3,200
28,050
79, 764
0
0
0
0
59, 465
24, 879
0
0
0
0
14, 300
73, 381
0
0
0
0
30, 800
23,186
0
0
0
0
265, 962
31, 550
6, 311
257, 346
46, 004
5, 249
134,327
30, 527
1,201
246, 279
53, 925
22, 598
173,097
89, 287
6,094
111,248
9,771
2,826
271, 856
46, 233
4,772
179, 432
67, 938
23,124
130,471
68,006
17, 544
392, 625
47,278
16,268
261,186
168,699
2,834
389, 343
61,132
18, 557
320, 678
52, 789
10, 243
0
65
6, 527
18,010
637
234, 412
1,107
1,000
450
7,615
960
30, 730
211,342
115,000
0
350
0
0
8,407
16, 767
7, 750
8, 114
13,169
6,096
103, 799 192,353
24,250
50, 943
0
280
0
19,400
63, 513
83, 810
79,350
0
0
4,217
2,000
728
101,476
1,700
0
0
11,256
15, 205
15, 000
225,623
93,628
0
90
30,232
14, 292
200
111,494
60, 776
0
40
18,521
25,576
6,325
62,465
7,275
0
148
5,444
15, 258
10,160
345,347
86,660
0
25
141,091
23, 840
909
92,487
53, 586
0
0
4, 944
12, 030
25, 601
328,212
29, 575
0
155
10, 575
30, 395
1,421
267, 890
95, 908
0
1,250
178, 824
50, 718
2,513
0
575
90,397
0
5,370
0
780
32. 269
35,000
11,500
0
1,000
41,236
82,252
16,923
0
2,960
1,500
0
0
0
427
94,020
5,000
0
829
117, 466
0
13, 700
23,811
25,300
1,530
0
490
43, 300
7,900
3,500
0
367
207, 334
50,558
428
4,000
0
1,202
3, 592
23, 438 220, 231
0
1,329
73, 204
10,541
0
3, 837
134,940
9,790
23, 415
51
27
24
28
9
19
45
26
19
67
22
45
52
25
100
53
47
103
63
40
67
40
139
28
111
80
47
33
thous. of dol.. 182,264
do j 176,384
174, 916
118,588
COMMODITY MARKETS
Volume of trading in grain futures:
W he at
mil. o f bu.
Corn
d o.. .
329
36
29
82
39
43
0
211
165
r
79, 802
167,225
202, 402 r 78, 057
96,146 175, 389
649
50
66,583
122, 245
51,033
224, 706
246,855
75,692
178,061
234, 366
901
112
87,006
134, 808
921
134
432
70
495
451
81
360
62
360
66
406
91
283
68
228
47
910
192
626
702
239
459
251
653
223
376
267
642
213
376
261
631
215
368
256
635
218
370
268
653
203
381
269
666
214
383
280
677
204
427
281
661
207
399
275
93.84
98.10
45.07
93.05
97.16
45.81
84.0
90.2
100.7
61.1
129. 3
111.8
85.3
90.5
101. 2
64.3
127.7
110.4
125,383
248, 906
147, 635
276, 042
103, 243
221, 475
125, 090
248, 732
211, 237
2,206
209, 031
190,149
18, 882
230, 987
2,707
228, 280
••89, 291 r 77, 622 182,493
77,354 100, 957 117,406
SECURITY MARKETS
Brokers' Balances (N. Y. S. E. members
carrying margin accounts)
Customers' debit balances (net)
Cash on hand and in banks
Money borrowed._
Customers' free credit balances
mil. of dol..
do
do
do
634
199
375
267
893
195
616
253
886
186
615
247
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.)
93.58
92.84
92.08
92.86
92.48
90.14
92.72
87.87
91.97
91.33
dollars _
90.96
97.78
97.03
96.55
96.56
96.51
94.93
96.82
92.47
95.72
95.68
95.62
Domestic
do
45.60
52.77
43.07
44.86
48.86
39.09
43.28
45. 47
38.38
40.64
51.58
Foreign
do
Standard and Poor's Corporation: §
83.9
82.7
82.1
82.5
78.5
83.6
82.2
79.4
81.2
81.5
84.5
Composite (60 bonds)..dol. per $100 bond_.
90.3
87. 8
84.7
89.2
87.3
87.5
87.3
85.3
86.3
86.8
89.9
Industrials (20 bonds)
do _
100.5
100.6
98.7
100.6
101.8
101.7
100.2
101.6
99.3
100.2
100.9
Public utilities (20 bonds)
do....
60.9
59.7
52.0
61.0
57.5
57.2
58.2
62.3
57.8
53.5
57.1
Rails (20 bonds)
do
127.3
122.3
114.6
124.6
121.2
125.6
119.7
119.8
119.1
115.3
120.4
Domestic municipals (15 bonds)
do
110.7
107.7
104. 8
108.8
106.7
108.8
106. 7
106.7
105. 7
104.9
106.3
U . S . Treasury bonds t
do. _..
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
94, 701 114,881 114,606
90,317
67,057
81, 388
Market value
thous. of cioL. 91,476 103, 351 102, 858 135,784 149,103
99,101 148, 956 185,154 186, 432
148, 219 153, 589 163, 222 210,816 219, 740 134,597 121,857
Face value
do
On New York Stock Exchange:
95, 500
93, 532
81,807
81, 857 108,459 115,226
74,484
65, 530
78,398
53, 571
75, 999
Market value
do
130, 068 127, 344 135,832 176, 998 179, 936 114,651 102, 228 82, 424 129, 205 159, 704 164, 080
Face value
do
Exclusive of stopped sales (N. Y. S. E.),
79, 705 125,965 150, 981 159,006
98,120
face value, total
thous. of doL. 123, 647 120,384 135, 239 165,116 176,105 102,663
2,422
2,496
1,597
4,323
3,285
8,250
2,337
3,677
2,131
2,365
U. S. Government
do....
2, 224
r
77, 368 124,368 148,485 156, 584
95, 989
Other than U. S. Govt., total..do.._. 121, 423 118,019 131, 954 160, 793 167,855
66, 566 109,915 129,460 139,191
99,176 110,849 139,547 144, 924
82, 680
81,058
Domestic
do
109, 265
19, 025
14,453
17,393
22,931
10, 802
18, 843
21, 246
13, 309
17,928
Foreign
do
21,105
12,158
r
Revised.
§Formerly Standard Statistics Co., Inc.
JFor revisions in 1939 data from Commercial and Financial Chronicle see notes marked " t " on p. 34 of the September 1940 and p. 35 of the March 1941
*New series. For data on domestic issues for productive uses beginning 1921, see table 34, p. 17 of the September 1940 Survey.
fRevised series. For data beginning 1931, see table 55, p. 17 of the December 1940 Survey.
Survey.
212,637
15, 634
36
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
1941
1940
1941
February
April 1941
February
March
April |
May
June
July
I August
September
Novem- Decem- | JanuOctober
ber
ber i ary
FINANCE—Continued
SECURITY MARKETS—Continued
Bonds—Continued
Value, issues listed on N. Y. S. E.:
Face value, all issues
mil. of dol._
Domestic issues. _ _ _
do
Foreign issues
do
Market value, all issues
do
Domestic issues
do
Foreign issues
do
Yields:
Bond Buyer:
Domestic municipals (20 cities)
percent. Moody's:
Domestic corporate
do
By ratings:
Aaa
. _ - -do
Aa
do
A
.
.
do
Baa
do
By groups:
Industrials
do
Public utilities
do
Rails
do
Standard and Poor's Corporation: §
Domestic municipals (15 bonds)
do i
U. S. Treasury bonds
do |
54,225
49, 891
4,334
50, 277
48, 307
1, 971
53,937
49,400
4, 537
49, 605
47, 265
2,340
53, 853
49,313
4, 540
50, 006
47,611
2,396
53, 646
49,108
4,538
49, 612
47, 395
2,217
53, 414
48, 879
4, 535
46, 937
45,197
1,740
52, 879
48, 347
4, 532
47, 666
45, 894
1,771
53, 431
48, 903
4,528
48, 602
46, 762
1,840
53, 914
49, 399
4,515
49, 239
47, 285
1,954
53, 913
49, 400
4, 514
49 643
47 699
1 944
54, 329
49,966
4, 363
50, 438
48,481
1,957
54, 237
49, 877
4, 360
50, 756
48, 768
1,988
2.39
54,169
49, 820
4,349
50,831
48,871
1, 961
54,139
49. 799
4.340
50, 374
48, 386
1.988
2.43
2.70
2.62
2.59 ;
3.00
2.67 j
2. 53
2.32
2.18
3.40
3.60
3.58
3.54
3.65
3.72 j
3.57
3.55
3.50 I 3.46
3.40
3.36
3.36
2.78
3.00
3.38
4.42
3.05
3.68
4.83
2.84
3.04
3.65
4.80
2.93
3.08
3. 65
4.94
2.96
3.10
3.70
5.11
2.88 I
3.01 i
3.57 !
4.80 !
2.85
3.03
3.55
4.76
2. 82
3. 01
3. 52
4. 66
2.79
3.01
3.48
4.56
2.75
2.98
3.40
4.48
2.71
2 92
3! 36
4.45
3.36
4. 38
3.00
3.19
4.00
3.12
3. 33
4.37
3.09
3.29
4.37
2.82
2. 99
3. 59
4.74
3.05
3.24
4.33
3.20
3.30
4.46
3.25
3.33
4.57
3.15
3. 23
4.32
3.12
3.23
4.30
3. 10
3. 19
4. 23
3.06
3.18
4.15
2 98
3.14
4.07
2.93
3. 13
4.03
2, 96
3. 17
3.96
2.27
2.10
2.60
2.32
2.58
2. 56
2.25
2. 81
2. 38
2.85
2.39
2.54
2.28
2.49
2. 25
2.44
2 18
2.32
2. 10
2.18
1.97
2.07
1.89
2.16
1.99
2.29
Stocks
Cash dividend payments and rates (Moody's):
Total annual payments at current rates (600
companies)
mil. of dol__ 1, 796. 56 ,618.60 1,631.30 1,643.66 11,680.36 ; 1,690. 37 !l,694.82 1,713.08 11,711.42
936. 43
936. 43
936.43 i 936.43 | 936.43 | 936.43
936.43
936.43
Number of shares, adjusted
millions.. 938.08
Dividend rate per share (weighted average)
1.83
1.74
1.76
1.79 I
1.73
1.81
1.83
1.81
(600 cos.)
dollars,.
1.92
3.01
3.01
3.01
3.01
3.01
3.01
3.01
3.01 I
Banks (21 cos.)
do....
3.01
1.79
1.68
1.70
1.75 !
1.67
1.77
1.79
1.77
Industrials (492 cos.)
_.do
1.90
2.54
2.64
2.64
2.64
2.44 I 2. 44
2.54
2.54
Insurance (21 cos.)
do
2.54
1.95
1.96
1.95
1.96
1.96 !
1.96
1.96 I 1.96
Public utilities (30 cos.)
do
1.94
1.36
1.26
1.27
1.26
1.36
1.
1.27 I A. 29
Rails (36 cos.)
do
1.53
I
Dividend declarations (N. Y. Times):
Total
thous. of dol__ 375, 872 338,366 216, 350 180,341 449,981 I 239, 426 194,824 365, 553 209,482
Industrials and miscellaneous
do
360, 210 323, 201 213,822 176,637 420,278 223,372 182,232 347,331 207,354
3,704
15,165
2,528
29, 703
16, 055
12, 592 18,222
2,128
Railroads.
do
15, 662
Prices:
Average price of all listed shares (N. Y. S. E.)
63. 6
64.3
64.3
50.2 I 53.1 I 54.6
55.6
Dec. 31, 1924 = 10056.7
53.8
Dow-Jones & Co., Inc. (65 stocks)
42.50
49.44
49.15
43.48 ' 39.99 I 41.64
44.40
dol. per share..
41.21
147. 29
147.13
148.91
130.76
119.46 ! 122. 23 125. 32 131.46
Industrials (30 stocks)
d o . . . . 121.68
24.26
25.09
21.45
20.15
22.18
24.87
Public utilities (15 stocks)
.
do
22.42
22.22
19.37
31.00
26.52
30. 45
24. 66
28.43
30.83
26.43
26.83
Rails (20 stocks)
do....
27.54
95.20
107. 66 109.17
96.27
107.83
89.17
New York Times (50 stocks)
do
90.46
92.21
87.07
195.13
170. 95 159. 61 161.49
192.71
192.67
164. 48 171.50
Industrials (25 stocks)
do
154.20
21.05
22.61
23.22 I 19.46 I 18.72
22.98
Railroads (25 stocks)
do
19.43
19.94
19.94
Standard and Poor's Corporation: §
92.9
77.5
91.5
83.0
73.3
76.1
91.5
80.9
Combined index (420 stocks)
1926= 100. .
75.9
109. 2
89.1
107.5
97.3
87.2
107.3
84.8
93.7
Industrials (350 stocks)
do
87.9
132.8
109. 5
130.9
118.1
105. 9
130.1
1C4.1
116. 5
Capital goods (107 stocks)
do
109. 5
104.4
85.8
102.7
92.7
84.2
102.2
80.0
89.6
Consumer's goods (194 stocks)
do
81.9
87.8
80.3
87.1
80.6
80.1
87.6
75.1
81.0
Public utilities (40 stocks)
do
74.6
29.1
24.9
28.9
25. 4
24.4
28.7
27.0
22.7
Rails (30 stocks)
do
26.4
Other issues:
58.9
52.0
51.4
59.3
59.2
48.8
50.4
51.0
Banks, N. Y. C. (19 stocks)
do
53.8
Fire and marine insurance (18 stocks)
94.5
96.4
83.8
81. 0
84.3
1926=100..
90.5
Sales (Securities and Exchange Commission):
Total on all registered exchanges :
320, 913 472,742
Market value
thous. of dol.. 403,344 583, 620 632, 095 1,134,340 1,438,207 560, 465 320, 860
69, 494
26, 095 28, 718 51,103
20,728
25,452 | 15,191
14,214
Shares sold
thousands.. 18, 555
i
On New York Stock Exchange:
Market value
.thous. of dol.. 336, 505 487, 929 527, 777 964, 608 1,242,999 487,116 S 264,352 j 270,471 406, 925
19, 367 20, 568 37, 599 54,517
16, 206
Shares sold
thousands _. 13,481
20, 107 I 10, 828 | 10, 420
Exclusive of odd lot and stopped sales
38, 969
13,465
16, 269
8,971
(N. Y. Times)
thousands..
15, 573 ! 7, 307 I 7, 616 11,941
Shares listed, N. Y. S. E.:
38, 775 39, 992 40, 706 41,492
46, 058 46, 695 46, 769 36, 547
Market value, all listed shares
mil. of dol.. 39, 398
1, 447
1,454
1,444
1,446
1, 150
1, 441
1, 454
1, 453
1,455
Number of shares listed
.millions..
Yields:
4.6
4.6
5.6
5.6
4.6
6.1
5.5
6.0
Common stocks (200), Moody's
percent..
4.1
4.0
4.1
5.2
4.8
4.7
4.7
4.5
Banks (15 stocks)
do
4.5
4.5
6.1
4.5
..
19
5.6
0. i
5.5
6.2
Industrials (125 stocks)
do
4.3
4.9
4.3
4.5
4.3
4.5
4.8
4.3
4.4
Insurance (10 stocks)
do
6.3
5.2
5.3
5.3
5.7
5.7
6.1
5.8
Public utilities (25 stocks)
do....
6.3
4. 7
4.8
6.2
4.7
5.6
5.5
5.5
Rails (25 stocks)
do....
Preferred stocks, Standard and Poor's Corp.: §
4.92
4.90
Industrials, high-grade (20stocks)..percent..
5.04
4.90
5.26 I 5.11
HI
1,738.04 11,781.52 |l 792 84 1 791 94
936^ 43 936! 43
| '936.43 | '936.43 I ' 936! 43 j ' 938! 08
1.86
3.01
1.83
2.54
1.96
1.36
1.90
3.01
1.88
2.54
1.97
1.47
1.91
3.01
1.89
2.54
1.97
1.53 j
221, 404 685,574
213, 843 635,110
7,561
50,463
331,721
305,652
26,069
§Formerl y Standard Statistics Co., Inc.
635,286
6, 674
632, o98
6, 144
208, 705
2, 7Lr
163, 972
3, 020
28.31
207, 679
2,746
165,193
2,745
27.57
631,343
6,451
206, 907
2,742
164, 553
2, 706
27.48
218,317
204,574
13, 743
58.4
57.0
44.72
132. 39
22.07
28.83
97.29
173. 26
21.34
45.04
133. 90
21.22
29.36
95.86
170. 32
21. 40
43.39 j
130.45 I
19.91 j
27.61 ;
93.68 !
167.16 !
20.21 I
43.82
130.17
20.17
29.01
93.24
165.43
21.06
81.4
94.6
119.5
90.1
80.2
27.4
82.1
95.8
120.2
89.9
79.0
27.8
80.4 i
94.0
118.7
87.3
77 6
2G.4
80.5
93.7
118.0
87.1
78.0
27.7
53.6
55.6
55. 8
55.9
90.0
I
57.2
55.0
94.3
I 591,703
j 24,006
876, 452
37, 022
706,231
33, 003
613,194
26, 545
505,193
18, 522
763, 481
29, 040
596,806
23,744
519, 360
20,064
14, 484
i
I
I
I
j
20,893
18,400
42, 674
1, 453
41,848
1, 457
41,891
1,455
40,280
1, 455
5.4
4.3
5. 5
4.2
5.7
5.3
5.6
4.3
5. 7
4.1
6.0
5.8
4.3
5.7
4.2
5.9
5.9
4.4
6.0
4.2
6.0
6.2
4.87
4.82
4.99
Stockholders (Common Stock)
American Tel. & Tel. Co., total
number..
Foreign
do
Pennsylvania Railroad Co., total
do
Foreign
do._
U. S. Steel Corporation, total
do._
Foreign
do._
Shares held by brokers
.percent of total
1.91
3.01
1.89
2.54
1.94
1.53
630,812 ;
6,404 I
205,883
2,724
160, 676
2,749
27.37
SURVEY OF CURRENT BUSINESS
April 1941
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
1940
February
March
April
May
June
July
1941
August
September
October
No
Decemb™ ber
m
January
FOREIGN TRADE—Continued
INDEXES
Exports:
91
Total: Value, unadjusted
1923-25= 100. _
80
100
Value, adjusted
do
U. S. merchandise, unadjusted:
130
117
Quantity
do
91
80
Value
do
68
70
Unit value
do
Imports:
72
62
Total: Value, unadjusted
do-_-73
63
Value, adjusted
do
Imports for consumption, unadjusted:
118
99
Quantity
1923-25=100-.
59
68
Valuedo
58
60
Unit value
do
Agricultural products, quantity:
Exports, domestic, totahf
83
Unadjusted,..
1924-29= 100__
91
Adjusted
do
Total, excluding cotton:
55
U nad justed
.
do
60
Adjusted
...
do
33
Imports for consumption:*
95
135
Unadjusted
do
94
131
Adjusted
do....
VALUE §
Exports, total, incl. reexports
thous. of doL_ 303,413 346,779
By grand divisions and countries:
Africa
_
do.-.. 19,954 10, 789
59, 498 61, 520
Asia and Oceania
do
11,108 15,193
Japan
do
96,336 165, 741
Europe
do
375
39, 277
France
do
0
Germany-...
do
4
Italy
do
9,598
(°)
United Kingdom
do
77, 269 58, 534
43,671
North America, northern
do
65,233
43,131
Canada
do
64,419
28,065
North America, southern
do
33,010
7,522
Mexico
do
9,824
36, 993
South America
do
29,381
9,147
A r gentina
do _ _ _ _ 5, 223
Brazil
do
8, 843 10,116
Chile
do
3,418
3,249
92
91
85
90
85
91
92
104
83
95
92
100
78
74
91
74
86
75
85
132
92
70
123
85
69
124
85
69
136
92
68
126
84
67
135
92
68
115
77
68
136
90
67
127
86
68
126
85
67
67
60
66
61
65
64
65
69
72
78
68
71
60
63
63
69
69
106
65
61
105
64
61
106
64
60
109
64
59
115
68
59
114
67
59
106
61
58
117
67
57
120
68
57
59
66
45
60
34
49
28
41
29
47
24
31
21
18
17
16
53
59
39
46
33
41
34
44
38
49
37
41
27
23
26
25
103
92
101
97
99
102
95
101
111
120
112
118
99
102
352, 272
324, 008
325, 306
350,458
317, 015
349, 928
11,727
59, 299
17, 800
160, 050
42, 034
44
10, 083
51, 890
49, 700
48,855
29,167
8,394
42, 328
10,821
10, 368
4, 354
13,944
53, 220
15, 271
140,240
45,990
35
9,240
53, 339
55,136
54,373
25, 249
6,624
36, 219
8,326
10, 360
3,066
12,
57,
13,
124,
39,
545
898
721
527
350
70
13, 234
49, 822
62, 738
61,877
27, 265
7,472
40, 332
10, 770
10, 384
3,694
12, 325
53, 755
15,421
144,813
47, 237
0
1,603
77,868
67, 679
66, 796
26, 924
6,536
44, 961
14, 759
10, 641
4,244
12, 243
59,146
15, 364
122,837
206
(a)
16
108, 368
64,486
63, 494
24,163
7,110
34,139
10, 650
7,205
3,110
12,615
59,734
25,188
143, 754
89
(•)
6
125, 309
71, 800
70, 707
27, 888
7,198
34,137
10,170
7,522
3,543
298, 273 338,639
15, 234 61,113
3,800 44, 283
16,010
31, 222
2,841
8, 752
22,470
13,169
2,098
5,554
2, 495
6, 889
2,103
3, 340
56,973
71,355
210,056 174,950
24, 028 23,835
5, 534
4, 250
54, 426 45, 235
233, 702 199, 775
344, 559
46, 752
26, 583
25, 881
8, 026
17, 855
4,087
3,240
5,752
73, 508
198,418
29, 326
5,387
59, 726
216, 732
316, 520
40, 886
21,086
22,058
6, 314
15, 744
3,927
2, 762
3, 381
65,810
187,766
19, 493
5,364
62, 864
212, 240
318,051
40,277
13, 526
14,965
4,005
10, 960
1,608
2,056
1,993
74, 490
188,319
21, 337
6,110
58, 422
211,382
344,444
33, 589
8,295
17, 758
6,480
11,278
2,209
1, 764
1, 536
76, 310
216, 787
17,661
6, 332
54, 496
211,390
312, 337
31, 987
7,861
20,407
7,706
12, 701
1, 538
3,151
2, 593
75, 545
184, 398
13,964
3. 966
48, 292
232, 258
8,739
10,481
89, 698 65, 789
7,998
8,127
17,941
38,039
635
4,786
717
924
39
2,613
9,443
8, 945
35, 428 26, 963
34, 287 26, 279
28,072
23,270
7, 516
6,733
53, 825 35, 234
11, 732 10, 819
15, 383
8,067
9,139
4, 593
216, 623 189, 824
11, 322
76,041
9,335
41,160
5,170
392
3, 968
14, 973
26, 401
26, 089
26, 957
6,402
34, 850
10, 466
8,122
4,134
206, 719
7,958
77, 883
8, 760
40,883
4,220
357
4, 953
12, 748
30, 475
29, 778
25, 993
6,652
29, 048
5,084
7,079
7,012
202, 974
8,052
70,057
9,283
38, 215
5, 351
231
4,210
12,115
36, 917
36,180
25, 797
6,889
32, 344
5,067
9,282
6,143
203, 702
9,209
72, 720
8,972
35, 876
3,222
251
4,053
15,426
37, 802
37,164
28, 491
10, 330
27, 292
4,743
7,579
3, 590
205, 397
14,849
86, 645
13, 362
32, 303
1,751
201
802
20, 299
39, 852
37, 976
24, 585
6,986
34, 024
5,175
9, 004
8,583
217, 828
78,125
25, 052
24, 539
42, 447
32, 810
70, 866
26, 095
27,215
43, 337
36,189
70, 511
23, 642
31, 275
45,146
34, 823
U. S. m e r c h a n d i s e , b y economic classes:
Total
thous. of dol._
Crude materials
do
Cotton, unmanufactured
do
Foodstuffs, total
do
Crude foodstuffs
do
Mfd. foodstuffs and beverages
do
Fruits and preparations
do
Meats and fats
do
Wheat and
flour
do
Semimanufactures
do
Finished manufactures
do
Autos and parts
do
Gasoline
do....
Machinery
do
General imports, total
do
By grand divisions and countries:
Africa
do
Asia and Oceania
do
Japan.
do
Europe
.
do
France
do
Germany
do
Italy
do
United Kingdom
do
North America, northern
do
Canada
do
North America, southern
do
Mexico
.
do
South America
_ - do
Argentina
do
Brazil. _
_
._
._ . do
Chile
do
Imports for consumption, total
do
By economic classes:
Crude materials
do !
Crude foodstuffs
do
Mfd. foodstuffs and beverages—— .--.do
j
Semimanufactures
do
Finished manufactures
...
do I
91,805
31,211
22, 940
42, 208
28, 458
70, 420
23, 838
23,138
42, 860
29, 567
77,
25,
22,
46,
33,
880
636
812
596
794
85,
24,
22,
45,
39,
231
924
567
414
691
118
118
122
129
84
124
85
71
70
130
75
57
120
70
58
131
131
137
132
295, 245
343, 485 327, 685 322,257
325,355
14, 094
48,405
17, 778
113, 523
72
0
90
103, 361
64, 626
63,252
25,673
7,697
28, 923
6, 267
6,753
2,976
15, 613 16,945
16, 624 22,047
54,876
66,957 55, 894 60,405
11,588
19,343
26,195
16,443
122, 003 118,695 116,329 126, 772
1
8
C)
()
0
C)
2
12
9
(°)
107, 597 102, 375 101, 253 116, 631
65, 609 63, 266 62,449
77,886
76, 682 64, 262 62, 439 61,886
33, 792 33,807 30,022
31,556
9,772 10, 554
10, 061
8,507
29, 471 36, 749 31, 824 29,188
4,734
5,920
5,151
5,300
10, 807 10,046
7,176
9,216
3,360
3,389
4,081
2,955
341,924
24,161
3,640
19,170
5,819
13, 351
2,386
1,710
2,237
96, 863
201,730
15, 645
4,365
56, 813
220, 217
288, 270
22, 724
5,138
15, 331
4,974
10,357
1,813
1,729
2,153
78, 575
171,639
15, 735
4,422
52,658
194,928
336,165 321, 275 315,323 317,953
16,092
29,188 24,600 20,453
3,120
6,417
7,703
10, 541
13,746
18, 360 14, 650 13,719
2,887
3,488
3,603
7,528
10,859
10,231
11,047
10,832
1,944
1,974
2,638
2, 362
2,048
1,859
1,837
1,754
1,530
2,703
1,686
2,946
69, 989
67,154
81,421
70,651
207,195 211,373 213,997 218,126
22, 531 26, 828 24, 470 25, 379
6,101
5, 950
6,897
5,827
62, 873 63,327 60, 993
61,046
207,141 223,430 253,099 228, 636
11,901
90,795
13, 277
26, 566
655
183
158
13, 280
41,029
39, 467
19, 571
6, 330
30, 355
5,170
8,396
6,372
214,106
12,581
86, 220
11,124
15, 762
267
231
116
9,263
40,569
39,197
14,722
3,876
25,075
3, 648
7,122
5,164
196, 312
13,191
13,663
10, 203
9,714
89, 844 93, 250 105, 823 91,417
10,391
18, 361 21, 676 14,033
20,119
18, 330 24, 600 26,187
493
1,301
1,870
415
531
576
183
231
84
25
23
74
9,742
13,610
10,428
9,873
36, 586
39,163 44,122 43,619
35, 486
38, 050 42, 533 41,913
16, 440 14, 884 15, 782 24, 474
7,743
5,769
4,811
5,105
46,837
33, 650 33, 383 48,024
11,186
6,902 11,613
5,010
11,644
9,340 12,711
9,904
4, 999
6, 709
4,435
6,378
213,133 217,175 238, 275 223, 595
88, 495
21,515
20, 588
50, 342
33,166
80,113
18, 098
19,026
46,510
32, 565
88, 904
22, 625
21,176
46, 045
34, 383
10,055
87
10, 624
82
93, 838 110,375
22, 695 25, 931
22, 444 19,435
44, 383 52, 009
33, 816 30, 524
97, 633
30, 291
20, 552
47,131
27, 988
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
Operative revenue
thous. of doL.
Operating income
do
9,586
84
9,837
61
9,528
71
9,415
9,632
69
10, 542
67
12, 701
78
Local Transit Lines
7. 8253
7. 8253
7. 8253
7. 8253
7. 8253
7.8253
7.8253
7 8253
7. 8253
7.8253
7.8253
Fares, average, cash ratef
cents..,
822, 687 797, 619 810, 833 752, 776 724, 390 726,151 762,107 830, 741 801, 646 860, 704
837,903
Passengers carried!
thousands
59,974 I 57,872
55, 935
53, 574
54,097
59,139
58, 452
60, 542
58, 489
62,623
59, 579
Operating revenues
thous. of dol
a
Less t h a n $500.
1 Revised series. Data on fares revised beginning August 1936; see p. 45 of the July 1940 Survey. Passengers carried revised beginning January 1938; see table 13, p. 18 of
the March 1941 issue. Indexes of agricultural exports have been revised to a new base. Earlier monthly data will be shown in a subsequent issue.
*New series. Data beginning 1915 for indexes of agricultural imports will be shown in a subsequent issue.
§ Data for 1939 revised; see tables 14 and 15, pp. 17 and 18 of this issue.
38
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, together wfth explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
1941
February
April 1041
1940
February
March j April
May
June
July
August
1941
Novem-1 Decem- JanuOctober
ber ! ber
ary
September
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION—Continued
Class I Steam Railways
I
Freight carloadings (Federal Reserve indexes):
Combined index, unadjusted...1923-25= 100-.
Coal
do....
Coke
do
Forest products
do
Grains and grain products
do
Livestock
do
Merchandise, 1. c. 1
do
Ore
do
Miscellaneous
do
Combined index, adjusted
do
Coal
do...
Coke
do_.. _
Forest products
do
Grains and grain products
do
Livestock
do
Merchandise, 1. c. 1
do
Ore.
do . . .
Miscellaneous
do ...
Freight-car loadings (A. A. R.): ^
Total cars
thousands. Coal
do....
Coke
d o.. _ .
Forest products.
do
Grains and grain products
do
Livestock
do...
Merchandise, 1. c. 1
do
Ore
do
Miscellaneous
do
Freight-car surplus, total
do
Box cars
do
Coal cars
do
Financial operations:
Operating revenues, total
thous. of dol..
Freight
do
Passenger
do
Operating expenses
do
Taxes, joint facility and equip, rents*.. .do.. Net railway operating income
do
Net income
do _ _
Operating results:
Freight carried 1 mile
mil. of tons
Revenue per ton-mile
cents.
Passengers carried 1 mile
millions
Financial operations, adjusted:*
Operating revenues, total
mil. of doL
Freight
do
Passenger
do
Railway expenses
do
Net railway operating income
do
Net income
do
79
89
119
54
05
31
(52
33
89
80
70 !
73 I
44 !
69 i
31 I
00 j
20 ;
74 |
69 !
06
70
43
75
39
00
105
89
50
71
38
65
138
104
2,824
605
50
154
110
41
597
51
1.204
87
32
31
358,413
296, 146
36,511
255, 590
44, 344
58, 479
121
123
43
571
'40
' 973
178
313.595
257, 650
31,945
240, 580
' 40, 158
32, 8,56
10,761
3, 123
624
45
160
163
53
741
51
1.284
188
327. 009
260,721
33, 262
248.594
41,681
30. 734
d
4, 955
29,655
31.110
.947 I .944
1,709
1,803
63
62
44
70
34
fO
76
70
75
73
43
79
37
59
102
74
2.494
444
30
129
131
45
595
59
1. 062
163
67
60
321. 439
205. 240
29. 950
245.818
41. 799
33, 822
d
9.201
29. 903
. 964
1,691
71
67
70
47
66
34
(50
134
80
72
78
73
45
74
38
60
96
69
85
48
73
31
60
170
85
75
81
91
89
46
110
31
60
182
82
75
83
105 |
46 i
74
38
60
100
82
80 j
35 I
61 I
96 !
80
2, 713
470
33
134
120
47
597
195
1,112
154
09
56
3, 535
?
,00
50
171
(64
2, 820
474 i
41
127
203 ;
41 |
570 |
275 I
343. 362
284,634
29. 742
252. 803
43. 483
47, 077
3, 843
344,5-13
280, ((50
35, £30
252. 402
44, 932
47.419
7. 050
78
75
88
51
89
38
61
178
83
76
85
108
49
74
38
01
90
82
33, 086
.927
1, 699
339. 2
!78. 3
33. 9
290. 3
48.9
8.4
328.7
265. 9
35. 6
289.9
38.8
d 1.7
328. 3
269. 9
32. 4
289. 0
39.3
d
1.9
0
1,827
968
0
0
0
434
0
2, 124
1,022
0
0
0
631
0
2, 279
1. 073
0
0
0
572
0
2,081
1. 042
268
1, 278
449
187
99
2, 532
1,424
125
79
1,015
830
207
158
2,288
1,135
302
164
1,984
1,208
605
2, 319
1, 358
1,057
12.250
2,051
475
240
2, 603
1,560
4, 279
3, 042
1,237
' 4, 637
'3,231
'1,407
4, 759
3, 078
1,680
5, 845
3, 751
2, 094
341.8 I
281.4 I
32. 5
290.4
51.3
9.5
326
1, 440
"54
43
3,718
657
54
186
208
62
755
347
1 095 j 1, 449
104
133 I
51
30
47
81
b3
64
173
100
80 I
99 }
51 I
!
106 |
84 I
3,135
562
44
157
160
69
006
279
1,260
!
i
|
I
|
!
i
|
j
33 I
24 I
65
97
55
81
45
62
117
89
3 209
505
47
167
154
86
636
274
1,400
88
27
45
360 078 381,427 382,603 ! 413,590
300 658 310, 645 316,125 j 348. 169
40,974
36,094 ! 33, 465
37 732
261 999 267, 505 260. 179 | 276, 717
48,231 | 49, 885
40.974 ! 47, 907
.
,
57, 104 | 66, 015 74,193 j 86, 988
30,733
16.042 I 21,725
42, 654
32jm I 33,713 i 30,398
.930 I
.963 j .926
2,030
2,244
2.480
359 8
297. 2
34. 8
299. 5
60 2
18.4
84 ;
83 !
86
83
94
56
89
54
64
185
94
356. 3
293. 8
33.8 |
302.7 j
53. 6
11.9 I
364.8
298. 4
36.7
307.6
57.2
14.9
37,058
. 923
2,144 !
376.9 i
312.9
34. 6
309. 5
67.4 i
38.614
.905
1, 922
303. 0
298.3
35.0
311. 5
51. 5
104 I
55 !
73 i
ii
105
95
83
70
104
56
78
43
62
192
94
|
i
!
|
|
!
|
I
:
!
!
I
3,780 '
695
61
193
100
86
752
213
1,614
96
33
42
83
108
50
66
39
61
33
88
84
74
99
i
I
!
:
40
03
134
97
379.0 I
314.3
34.9
311.7
67. 3 I
r
96
60
70
36
03
149
102
2,718 i
500
50 :
141 •
2,737
577
53
144
123
118 I
47
5 0 '•
509
578 '
50
49
1,174
i.i7i i
110
129 i
43
45 ,
42
375,364 381,792
315, 204 308, 350
31, 244
40, 840
259, 455 266,134
44,810 I 36,867
78. 791
71, 099
51, 078
30, 809
35, 949
.949
1,772
86
113
'53
68
35
60
33
34,904
. 953
2,312
400.8
333.3 |
37.6
315.8 !
84.0 !
377,374
309. 580
40,159
268,969
46, 048
62, 357
19, 705
36,063
.
Waterway Traffic
Canals:
Cape Cod
thous. of short tons..
New York State
do
Panama, total
thous. of long tons..
In U . S . vessels
do
St. Lawrence
- thous. of short tons..
Sault Ste. Marie
do....
Welland
do
Rivers:
Allegheny
do
Mississippi (Government barges only)-do
Monongahela
_ _ do _.
Ohio (Pittsburgh district)
do
Clearances, vessels in foreign trade:t
Total U. S. ports
thous. of net tons..
Foreign
do
United States
do
0)
r
r
0)
0)
04 7
1,7,^9
8C-8
l,0.r5
13, 455
1,913
0)
0)
625
779 I
2,418
2,285 I
1,202
1,075
1,123
1,008
13,842
13, 713
1,832 I
1,820
399 i
0)
0)
0)
648
2,304
1,101
992
13, 003
1,616
804
2,418
1.133
1,070
12, 971
1,491
599
2,002
1,127
893
8,042
1,529 ;
2,129 '
1,134
13
704
210
211 j
215
115 i
105
2,969 I 2,810
1,545 l
1, 581
(0
o
469
204
2, 687
1, 552
198
2, 681
1,474
501
212
2,679
1,412
423
192
2,585
1.396
437
'181
2, 935
1,603
307
'142
2,792
1,468 !
' 5. 915
' 3, 908 |
'2,00" !
6, 340
4, 241
2,099
6,331
4,307
2.024
' 5, 405
3, 727
r
1, 678
5, 433
3, 679
1, 753
5, 040
3, 840
3, 376
2, 544
1,664 | 1.296
)
0
1,966
1,102
0
0
0
3.839
2. 653
1. 186
Travel
I
Operations on scheduled airlines:
6,673 I
8, 786
7, 930
Miles flown
thous. of miles..
8,332
9,207 1 9,549 j 10,121 | 10.223 | 10,084 ! 10,635 |
9,573 i 9,142:
.8
Express carried
pounds _ 1,109,352 697,385 894, 581 871,317 941,810 j 981,88- 11,056,999 j 1,201,999 1,184,249 j 1,329,843 (1,205,261 1,323,615 1,113,002
Passengers carried
number_ _ 196, 924 139,816 ! 195, 062 224,852 258,451 i 286,272 j 296,539 320,990 310,293 j 334.386 239,
202,859 i 197, 854
58,937 | 80,686
Passenger-miles flown _ . __.thous. of miles_. 75, 168
100,044 j 110,840 I 112,37
88,062
121, 602 118,534 '125, 924
78,387
90, 697
78, 340
Hotels:
3.32
3.25
3.18
Average sale per occupied room..
dollars..
3. 40
3.19 I
3.39
3.47
3. 10 !
.35
3.39
8.2AJ 3.24
09
66
65
Rooms occupied
percent of total..
66
64
00
64
67
69
60 I
70
91
99
89
Restaurant sales index
1929 =100..
104
88
100
103 j
96
95 !
100
97
98 i
Foreign travel:
21,049
16.007
U. S. citizens, arrivals
number..
12,905 i 16,603 J 17,254 I 15,692
8,422
8,546 I 13,148 i 10,244
11,308
14,125 I 25,113
10,410
U. S. citizens, departures
do
11,948 '' 8,688 I 12,354 | 10,960
6,862 i 7,620 ;
9,692
7,868
15,569
1,459
1,248 I
1,192
Emigrants
do
1,310 !
993 ! 1,189 \
1.110 1 317
1,648 1
1,641
1,681
,
1, 777 i
6, 373
6,923 |
7,025 i
Immigrants
do
3,833 j 3,765 I
6,186 I 4,125 j 4,298 I
4,812 4,861
4,824
3, 612
2,109 |
1,943
2.070
1,870 !
Passports issued
do
1,503 I
2,604 ! 2,926
2,848 ! 2,435
1, 628
2.511
1,913
1,820 !
National Parks:
100,237
77,122 i 117,430 '124,804 i 259,368 I 539,769
Visitors
do
92,746 ! 60,475
927,757 j 933,783 497, 149 252, 788
83, 296
27, 925
21,189 | 32, 967 \ 38, 580 \ 77,869 I 166,667
Automobiles
do
149, 214
257, 109 ! 258,128
79,194
28,997
18,335
23,544
Pullman Co.:
671,769 735.316 635,802 570,836 ! 085,427 702,186 ! 718,140 j 702,104 1 684,932 i 578,257 734,016 879.883
Revenue passenger-miles
thousands -.
4,871
4,558
4,749 i 4,277
Passenger revenues
thous. of doL.
4,170
4,263 ! 4,402 I 4,381 I 4,235 i 3,738 !
4,646
5,529
' Revised. d Deficit.
1
Data temporarily discontinued by reporting source.
^Data for March, June, August, and November, 1940 are for 5 weeks; other months, 4 weeks.
*New series. Adjusted data on financial operations of railways beginning 1921 appear in table 33, p. 16, of the September 1940 issue. The new series on taxes and joint
facility and equipment rents is shown to provide figures for obtaining total railway expenses as given in the adjusted figures of financial operations; earlier data not shown in
the September 1940 and subsequent issues of the Survey may be obtained by deducting operating expenses and net railway operating income from operating revenues.
JData revised for 1940. Revisions for January are as follows: Total U. S. ports, 4,362; foreign vessels, 3,040,
39
SURVEY OF CURRENT BUSINESS
April 1041
Monthly statistics through December 1939, to- | 1 9 4 1
gether with explanatory notes and references ;
to the sources of the data, may be found in the Fehru1940 Supplement to the Survey
ary
1940
February
March j April
j May
June
1941
July
August
September
Nove.m- DecemOctober
bcr
Janu-
TRANSPORTATION AND COMMUNICATIONS—Continued
COMMUNICATIONS
Telephone carriers:
Operating revenues
thous. of doL_
Station revenues
do
Tolls, message
do
Operating expenses
do
Net operating income
_do
_
Phones in service, end of m o n t h ,.thousands- _j
Telegraph and cable carriers:!
!
Operating revenues, totalt
thous. of dol.-j
Telegraph carriers, total
do
j
Western Union Telegraph Co., revenues
from cable operations
thous. of dol._
C able carriers
do
0perating expenses! - - ~
do
Operating income!
do
Net incomef
do
Radiotelegraph carriers, operating revenues
thous. of dol.-
108,603 j 106,063 I
71,007
69,741 I
28,693
27,424
71,950
68,995 |
21,391
18,404
19,089
19,108 I
106,593
68,972
28,636
71,850
19,204
19,138
107 350
68 749
29 722
70, 885
20 560
19 211
107. 852
70^ 117
28, 781
69,711
16, 174
19, 334
113,087
73, 025
31, 034
72, 841
23, 004
19, 446
110, 544
72,118
29, 343
77, 106
17, 933
19, 547
114,761
73,979
31,471
75, 650
21, 988
19, 670
11,586 I 1.1,116 I 10,773
10,565 i 10,198
9,906
10,969
10,188
10, 648
9, 882
11.442
10, 622
10,642
9,872
12, 557
11,654
11,182
10, 294
543
867
9,873
204
<*293
433
781
9,783
443
d
6l
415
766
9,409
503
94
441
821
9,695
1,012
536
424
770
9. 498
465
d 38
540
903
10,586
1,291
872
494
888
9,821
614
96
1,149
1,083
1,110
1, 267
1,179
1, 348
1, 290
11,195
14,157
11,510 i 13,694
2,919 I 2,445
15, 566
15, 098
1,975
13, 544
13,158
1,586
12, 441
12,215
1,360
10,499
10,610
1, 468
23, 354
10, 027
23,110
2, 959
23,762
9, 503
22,056
2, 128
24, 224
11,963
19, 434
1,742
191, 739
.34
267, 077
.34
14, 283
.34
463
4,408
37, 740
468
4,440
34, 444
484
3,913
33, 461
450
3, 420
36, 080
102,999
68, 674
25, 512
67,868
20, 365
18,802
106, 094
69,716
27, 573
69, 675
21,172
18, 896
107,155
70, 469
27, 859
69, 842
22,135
18, 992
10, 020
9,094
10. 868
9,932
10, 661
9,687
566
926
8,892
443
591
936
9, 554
626
123
594
973
9,321
641
145
661
1,022
9,816 !
V
1, 035 i
397
1,028
1,072
1,116 I
1, 239 I
569
918
9,621
759
466
1,17
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
;
Alcohol, denatured:
I
Consumption
thous. of wine gal_ J 10, 558
Production...
do
! 10, 556
Stocks, end of month
do
I 1,465
Alcohol, ethyl:
I
Production
thous. of proof gal. - j 22,030
Stocks, warehoused, end of month
do
j 12,166
Withdrawn for denaturing
do
! 19,070
Withdrawn, tax paid
do
! 1, 766
Methanol:
|
Exports, refined
gallons. _j 102, 711
Price, refined, wholesale (N. Y.) dol. per gal... j
. 34
Production:
I
Crude (wood distilled)
thous. of gal.. j
435
Synthetic
do
3,171
Explosives, shipments
thous. of lb._ 33,631
Sulphur production (quarterly):
Louisiana
long tons. _ I
Texas
....
do
I
Sulphuric acid (fertilizer manufacturers):
!
Consumed in production of fertilizer
!
short tons..!--- --Price, wholesale, 66°, at works
j
dol. per short ton...j
16. 50
Production
short tons. _ s
Purchases:
J
From fertilizer manufacturers
do
j
From others
do
|
Shipments:
i
To fertilizer manufacturers
do
j..
To others
do
j
Stocks, end of month
do
j
FERTILIZERS
8,505
8,460
1,366
9,494
9, 524
1, 392
9, 791
9, 994
1, 591
10,037
10, 037
1,586
9, 625
9.707
1,662
9,497
10, 443
2, 605
20, 381
18, 773
14, 697
1,640
20, 983
20, 677
16, 730
2,012
20, 218
20, 957
17,610
2,035
20, 948
21, 921
17, 752
1, 782
21,423
21, 799
17, 490
3,380
22, 457
22, 393
19, 621
2,020
228, 357
.36
326,149
.36
35, 725
.34
21, 932
.34
53, 341
.34
24,094
21.559 ! 23, 350
23,645
18,480 I 13, 471
20,918
24,218
25, 552
1,424 | 2,045 | 2,357
1
74,295 j228,961 !198, 332 162, 302
.34
.34
.34 |
.34
447
3,782
31,035
507
3,463
30,189
442
3, 486
32, 204
437
3, 409
34, 475
426
3. 426
32, 877
390 |
408
3,852 [ 3, 788
33,340
35, 036
121, 820
546, 558
149, 995
525,157
762
94,316
11,031
76, 333
498
95, 474
92, 203
40,254
353
1, 436
103,675
567, 698
158, 592
149, 303
140, 272
143, 742
137, 321
134,050 I 153,215 I 140,444 j 169,878
179,677
178,193
184, 149
16. 50
212, 719
16.50
196, 290
16. 50
192, 846
16. 50
191,643
16. 50
176, 846
16.50
180, 553
16.50
194, 664
16.50
193, 243
16. 50
222, 476
16.50
216, 290
16. 50
223,131
16. 50
221,788
19, 724
23, 685
19, 383
23, 416
11, 991
27, 618
15, 692
27, 330
18,013
36, 029
24,133
32,517
30, 782
31,476
33,813
27,163
38, 361
25, 518
33, 220
36,184
22,941
32, 732
32,570
38,659
40, 300
55,650
93,132
34, 685
55, 002
93, 231
32, 533
58, 061
94, 820
37, 371
59, 090
89, 282
34,534
57, 344
90, 971
44, 063
55, 433
94, 628
45, 680
60, 923
91, 732
42. 582
48. 635
59,393 I 65,817
103, 532 105, 557
43. 014
57, 475
110,939
36, 377
74,927
100,246
36,116
81,591
91, 407
675
53,398
28, 902
19, 717
800
140,544
73, 792
26, 506
406
65, 486
1, 536
60,332
14, 847
43,311
722
178, 782
135, 839
86, 039
476
40, 094
1, 125
65, 798
20, 053
43,167
748
144, 702
118, 515
89, 679
600
19, 553
329
108, 207
20,485
80, 484
544
146, 797
97, 020
79, 299
1,228
30,197
122
90,061 122, 837
15, 379
21,021
86, 672
66, 619
372
630
99, 002 117, 250
83, 707 109,618
62,598
82, 342
3,386 I
9
10.349 j 7,441
61
178,474
30, 321
128, 907
881
89. 891
75, 542
52, 703
3,136
8, 829
142
144,348
29, 729
100,713
536
71,038
61,456
37,610
364
7, 787
189
148,135
15, 773
111,936
1,003
68, 208
63,090
34, 822
3, 394
3
105
116,416
15,891
88, 409
428
63, 852
56, 362
28,478
637
5, 625
182
136,581
16, 48(5
112,063
330
62, 706
50,245
27,718
3, 179
7, 903
518
109, 654
9, 336
87, 698
465
87,115
81,085
34, 332
2, 112
2, 765
1. 450
12, 984
1.450
8,303
1. 450
6, 548
1.450
7. 521
1.450
37,998
1.450
51,213
1.470
46, 003
1.470
51,644
1.470
36, 833
358, 758 351.009
52,741 158^ 717
1,250,521 1,115,331
338,482
221,376
834, 900
339, 736
133,372
906,650
327.169 I 323,567 | 361,387 327,117 404,46"
398,341 425,118 408,192
61,120 I 27.584
45,389 I 130,823 j 98,210
45,649
43, 192
55,997
945,712 11,010,047 11,091,183 Si,135,178 1,201,715 1,244,655 11,285,408 1,264,881
2.35
2.38
6, 764
7,710
570,403 544.281
2.13
26, 679
522,133
1. 96
37, 792
516, 741
1.42 I 1.69
1.76
1. 6:
1.61
43,411
46, 132 I 48, 389 40,190 ! 39, 820
529,416 I 519,556 j 524,212 I 522,181 j 528,065
1.87
35,018
542, 091
1.72
34, 098
561,241
1.73
17, 906
560, 045
.35
6. 584
5i; 215
.34
9,429
50, 704
.41
8,364
44,961
.45
7, 793
44, 488
.44
6, 986
40,016
.48
3, 027
35, 421
1.470
NAVAL STORES
Rosin, gum:
Price, wholesale " I I " (Savannah), bulk!
1.65
dol. per 1001b._
11,941
Receipts, net, 3 ports
._bbl. (500 lb.)._
542,446
Stocks, 3 ports, end of month
do
Turpentine, gum, spirits of:
.45
Price, wholesale (Savannah)
dol. per gal..
2, 158
Receipts, net, 3 ports
bbl. (50gal)._
Stocks, 3 ports, end of month
do
33, 906
r
.33
611
66, 532
1,202
58, 369
OILS, FATS, AND BYPRODUCTS
d
137,445
..J 573,421
j
Consumption, Southern States
|
thous. of short t o n s . .
Exports. total§
long t o n s . . |
Nitrogenous§
do
Phosphate materials§
do
Prepared fertilizers
do
Imports, total§
do
Nitrogenous, total
do
Nitrate of soda
do
Phosphates
do
Potash§
do
Price, wholesale, nitrate of soda, 95 percent
(NT. Y.)
do], per cwt__
Potash deliveries
short tons._
Superphosphate (bulk):
Production
do
Shipments to consumers
do
Stocks, end of month
do
Animal, including fish oils (quarterly):
Animal fats:
Consumption, factory
thous.
Production
.
Stocks, end of quarter
Greases:
Consumption, factory
Production
Stocks, end of quarter
366
3, 549
37,180
I
i
of lb_. I
do
j
do
j
j
do
j
do
do
229,509 I.
688,427 _
560,537 |
_
85,454 '
112,203
110,851
1.450 j 1.450 |
27,054 ! 39,212
.32 i
.33
11,302 i 12, 340
53,345 ! 54,488
j
j
.34
11,496
55,809
I
235, 774
508,543
557, 921
J 231,581 I
.1 610,030 I
I 633,821 i
89,978
109,979 I
122,330 i
9, 762 I
51,053 !
1.470
I
!
i
269,361
672,886
600,347
I 82,409 |
! 104,520 I
I 121,217
126,451
134. 002
' Revised.
Deficit.
!Revised series. Data for telegraph and cable carriers revised to exclude data for radiotelegraph carriers; for revised data beginning 1934, see table 48, p. 16 of the November 1940 Survey. Wholesale price of gum rosin revised beginning 1919; see table 3, p. 17 of the J a n u a r y 1941 Survey.
§Data revised for 1939; for exports, see table 14, p. 17, and for imports, table 15, p. 18, of this issue.
40
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the February
1940 Supplement to the Survey
April 1941
1940
February
March
April
May
Tune
July
1941
August
September
October Novem- December
ber
January
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND BYPRODUCTS-Con.
Animal, including fish oils (quarterly)—Con.
Shortenings and compounds:
Production
thous. of lb. _
Stocks, end of quarter
do
Fish oils:
Consumption, factory
do
Production
do
Stocks, end of quarter
do
Vegetable oils, total:
Consumption, crude, factory (quarterly)
mil. of lb_
Exports
thous. of lb-_
Imports, total§
do
Paint oils
-.-do
All other vegetable oils§
do
Production (quarterly)
mil. of lb__
Stocks, end of quarter:
Crude
do
Refined
do
Copra:
Consumption, factory (quarterly) .short tons
Imports
do
Stocks, end of quarter
do
Coconut or copra oil:
Consumption, factory:
Crude (quarterly)
thous. of lb._
Refined (quarterly)
do
In oleomargarine
do
Importsf
do
Production (quarterly):
Crude
do
Refined
do
Stocks, end of quarter:
Crude
do...Refined
do
Cottonseed:
Consumption (crush)... thous. of short tons..
Receipts at mills
do. - Stocks at mills, end of month
do-_Cottonseed cake and meal:
Exports §
short tons..
Production
do
Stocks at mills, end of month
do —
Cottonseed oil, crude:
Production
thous. of lb__
Stocks, end of month
do
Cottonseed oil, refined:
Consumption, factory (quarterly)
do
In oleomargarine
do
Price, wholesale, summer, yellow, prime
(N. Y.)
dol. per Reproduction
thous. of lb-_
Stocks, end of month
do
Flaxseed:
Imports
thous. of bu_Minneapolis:
Receipts
do
Shipments
do
Stocks
do
Duluth:
Receipts
do
Shipments
do
Stocks
do
Oil mills (quarterly):
Consumption
do
Stocks, end of quarter
do
Price, wholesale, No. 1 (Mpls.)--dol. per bu_.
Production (crop estimate)
thous. of bu_.
Linseed cake and meal:
Exports!
do
Shipments from Minneapolis
do
Linseed oil:
Consumption, factory (quarterly)
_.do
Price, wholesale (N. Y.)
dol. per lb_.
Production (quarterly)
thous. of lb__
Shipments from Minneapolis
do
Stocks at factory, end of quarter
do
Oleomargarine:
Consumption (tax-paid withdrawals)--do
Price, wholesale, standard, uncolored (Chicago)
dol. per lb_.
Production
.thous. of lb..
Vegetable shortenings:
Price, wholesale, tierces (Chi.)----dol. per lb..
.094
PAINT SALES
Calcimines, plastic and cold-water paints:
140
150
208
Calcimines
thous. of dol._
218
35
Plastic paints.
do
48
40
44
Cold-water paints:
144
181
138
158
In dry form
do
In paste form
do
302
273
259
288
Paint, varnish, lacquer, and fillers:
748
30, 795 27, 326
33, 408
Total
do
Classified, total
do
347 22, 819 20, 472 24, 609
12, 206
Industrial
do
594
11,336
10, 785
12, 403
Trade
do
753 11,483
9, 686
8,799
Unclassified
do-._.
401
7,976
6, 854
r
1
Revised.
December 1 estimate.
§Data revised for 1939; for exports, see table 14, p. 17, and for imports, table 15, p. 18, of this issue.
JProduction and consumption of oleomargarine for 1939 have been revised as follows (thousands of pounds): Production—July, 19,266; August, 21,591; September, 28,107;
October, 23,789; November, 27,892; December, 25,585. Consumption—July, 20,121; August, 21,237; September, 27,923; October, 23,682; November, 27,235; December, 25,742.
The revised data for January 1940 are: Production, 29,359; consumption, 29,407.
41
SURVEY OF CURRENT BUSINESS
April 11141
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the February
1940 Supplement to the Survey
1941
1940
February
March
April
May
June
July
August
September
October Novem- December
ber
January
CHEMICALS AND ALLIED PRODUCTS—Continued
CELLULOSE PLASTIC PRODUCTS
Nitro-cellulose, sheets, rods, and tubes:
Consumption
thous. of lb_
Production
dO-__
Shipmentscf
do_ - _
Cellulose-acetate sheets, rods, and tubes:
Consumption
thous. of lbProduction
do___
ShipmentscT
do___
Moulding composition:
Production
do _ _ _
Shipmcntst
do.__
1,016
918
212
1, 090
925
174
852
848
171
800
926
212
770
850
168
899
955
168
890
970
1,093
1,113
247
1,096
1,136
207
1,061
1,131
183
1,109
1, 068
185
1,167
1,112
7
637
655
12
550
589
18
558
490
10
702
6
634
562
565
408
7
773
784
826
755
944
5
934
1,037
8
807
733
7
617
075
972
1,104
1,022
951
904
837
871
682
897
777
1,423
1, 342
1,709
1,501
1,926
1,783
1,606
1,410
1,435
1,317
1, 032
1,584
2,068
490
670
908
2, 286
588
921
776
2,924
761
1,184
980
2,707
734
1,076
897
2,982
827
1,166
3,484
1,012
1,293
1,179
3,947
1,138
1,358
1,451
4,254
1,147
1,370
1,737
3,006
888
881
1,238
2,103
769
570
824
2,249
» 13,641
•
ROOFING
Asphalt prepared roofing, shipments:
Total
thous. of squaresGrit roll
do.__
Shingles (all types)
do_._
Smooth roll
do___
2,105
625
992
533
828
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production, total 0
mil. of kw.-hr_.
By source:
Fuel
do
Water power
do
By type of producer:
Privately and municipally owned electric
utilities
mil. of kw.-hr_
Other producers
_do
Sales to ultimate customers, totalf (Edison
Electric Institute)
mil. of kw.-hr_.
Residential or domestic
__do
Rural (distinct rural rates)
do
Commercial and industrial:
Small light and power
__do
Large light and power
do
Street and highway lighting
do
Other public authorities
do
Railways and railroads
do
Interdepartmental
. do
Revenue from sales to ultimate customersf(Edison Electric Institute)
thous. of dol_.
12,313
11,104
11,514
11,193
11, 609
11, 485
12, 091
12, 450
11,977
13, 063
12, 771
13,456
8,395
3,918
7,914
3,190
7,583
3,931
6,645
4,548
7,006
4,603
7,270
4,215
7,931
4,159
8,482
3,968
8,124
3,853
9,404
3,659
8,737
4,034
9,058
4,398
11,027
1,286
10, 258
846
10, 557
957
10, 277
916
10, 616
992
10, 402
1,083
10, 937
1,154
11, 239
1,211
10, 678
1,299
11, 706
1,357
11,431
1,340
12,115
1,341
9, 495
2,037
83
9,327
1,921
93
9,270
1,856
124
9, 369
1,787
153
9,474
1,798
208
9,610
1,769
261
10, 099
1,828
288
10, 057
1,890
260
10,402
1,922
180
10, 577
2,093
131
10,895
2,222
109
1,833
4,541
183
232
520
66
1,770
4,537
174
226
538
68
1,758
4,611
155
221
482
63
1,742
4,799
143
215
468
62
1,799
4,827
130
215
439
58
1,820
4,908
136
212
444
61
1,915
5,186
149
224
451
58
1,926
5,117
165
222
442
35
1,886
5,447
189
233
488
58
1,980
5,369
201
237
504
61
2, 034
5, 448
217
248
551
07
203, 265
197, 365
194,415
193,288
195, 746
195, 556
201,936
204, 421
207, 034
214,161
219,913
10, 071
9,351
257
454
37, 307
17, 446
10, 071
9,568
10, 052
9,334
246
460
35,873
17,167
8,522
9,971
10, 025
9,296
256
461
34,182
16, 091
7, 255
10, 646
10,119
9,383
263
460
32, 075
15,909
5, 584
10, 414
10,134
9,412
252
458
29, 009
16,995
2,205
9,669
10, 154
9,442
242
459
26, 792
16,107
1,246
9,268
10,175
9,461
244
458
25, 310
14,780
937
9,463
10, 252
9,520
265
458
27,892
16, 791
1,251
9,701
10, 273
9,518
285
459
30, 939
17, 422
2,863
10, 464
10, 245
9,486
297
453
34,114
15, 631
7,355
10, 916
10, 287
9,514
309
455
38, 305
16,028
10, 902
11,121
35, 236
21,675
6,718
6,708
33, 728
21,182
5, 795
6,615
32,159
20,906
4,518
6,598
31,650
21, 943
3,102
6,493
30, 250
22, 422
1,621
6,122
28, 387
21,425
985
5,893
27, 075
20, 265
802
5,911
29, 609
22, 204
1,119
6,192
31, 689
22, 788
2,183
6,597
33,106
21, 859
4,200
6,912
35,412
21,971
6,232
7,061
7,442
6,873
567
158,466
63, 519
93,189
7,480
6,902
575
136,886
49,721
85, 604
7,459
6,886
571
121, 805
40, 069
81, 049
7,477
6,920
555
108,434
30, 698
76, 522
7,443
6,912
529
95,843
21,403
73,187
7,422
6,896
524
93, 287
17, 775
74, 355
7,462
6,941
520
95, 559
16,141
77, 741
7,524
6,997
525
100,181
17, 363
80, 980
7,596
7,044
551
109,818
22,192
85, 726
7,714
7,121
590
125, 664
33, 874
89, 790
7,763
7,157
604
146,264
49,268
94, 956
59, 677
38, 437
20,938
50,136
31, 239
18,609
43,311
26,299
16,890
36, 722
21, 293
15, 226
30, 517
16, 372
13, 957
28,190
14, 093
13, 897
27,910
13,118
14, 582
29,104
13, 656
15, 226
33, 296
16, 521
26, 541
41, 144
22, 708
18,168
51, 230
30, 621
20,328
GASf
Manufactured gas:
Customers, total
thousands..
Domestic
do
House heating
do
Industrial and commercial
do
Sales to consumers, total
mil. of cu. ft..
Domestic
_ - do
House heating
do
Industrial and commercial
_.do
Revenue from sales to consumers, total
thous. of doL.
D omestic
do
House h eating
do
Industrial and commercial
do
Natural gas:
Customers, total
thousands -.
Domestic
do
Industrial and commercial
do
Sales to consumers, total
mil. of cu. ft_.
Domestic
do
Indl., coml., and elec. generation---__do
Revenue from sales to consumers, total
thous. of doL.
Domestic
do
Ind'l., com'l., and elec. generation
do
9, 054
'4,587
r
12,311
'1,330
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Fermented malt liquors:
Production^
Tax-paid withdrawals
S tocks
Distilled spirits:
Production
Tax-paid withdrawals
Imports
Stocks
Whisky:
Production
Tax-paid withdrawals
Imports
Stocks
3,660
3,185
7,787
3,477
3,238
8,000
4,385
3,811
8,393
5,124
4,187
9,127
5, 485
4,884
9,509
5, 597
5,856
9,019
5,581
5,320
9,324
5,074
5,393
8,776
4,001
4,300
8,314
3,915
4,194
7,840
3,396
3,765
7,325
3, 606
3,777
7,001
3, 863
3,200
7,483
thous. of tax gaL_ 15,131
6, 974
-do
630
thous. of proof gal. thous. of tax gaL- 536,917
12,125
7,928
623
514,490
13, 232
8, 398
748
517, 589
13, 949
7,793
775
522, 515
13, 926
7,522
866
525, 441
10, 658
10, 862
1,824
525, 395
7,581
7,634
702
523, 596
6,742
4,850
504
521, 601
16, 701
8,176
770
519, 017
21, 487
11,494
1,084
518, 638
17, 567
13,173
1,240
518, 358
15, 712
8, 958
1,386
522, 699
16,015
6,043
576
530,859
12, 658
do
5,834
do
568
thous. of proof gaLthous. of tax gaL_ 491,301
9,878
6,616
534
470, 514
10, 588
6, 461
645
473, 278
11,233
5,773
674
477,873
11,492
5,827
752
480,599
8,187
8,331
1,570
480,938
5,200
5,475
589
479,189
3,252
3,617
413
477,484
6,762
6,354
661
476,980
10, 303
8,982
930
476, 298
11,761
10, 529
1,096
475, 611
12, 265
7,331
1,270
479,102
13, 532
5,019
510
486,133
thous. of bbL_
do
do
••Revised. ^Includes consumption in reporting company plants. tExcludes consumption in reporting company plants.
fRevised series. Data on manufactured gas revised beginning January 1938 and natural gas beginning January 1937; see tables 24 and 25, pp. 16 and 17 of the May 1940
Survey. Electric powder sales and revenue from sales will be revised beginning 1937. At present, revised data are available beginning January 1939.
• For monthly data beginning January 1920 corresponding to averages shown on p. 97 of the 1940 Supplement, see table 58, pp. 17 and 18 of the December 1940 Survey.
SURVEY OF CURRENT1 BUSINESS
42
Monthly statistics through December 1939, to- ! 1 9 4 1
gether with explanatory notes and references !
to the sources of the data, may be found in the I Febru- February
1940 Supplement to the Survey
| ary
April 1941
1940
I
:
1941
:
! July
j August I + cpe?~
:
March : April ! M a y ; June
;
I I C H I D C1
i
| October iS rNovem- Decem- ; Januber
ber
ary
;
I
FOODSTUFFS AND TOBACCO—Continued
ALCOHOLIC BEVERAGES—Continued j
Rectified spirits and wines, production, total '
thous. of proof gal..
Whisky
-do
j
Indicated consumption for beverage purposes: j
All spirits
thous. of proof sal. J
Whisky
do.... |
Still wines:
t
Production
thous. of wine gal._ |
Tax-paid withdrawals
do
!
Imports
do
1
Stocks
do
|
Sparkling wines:
j
Production
do
I
Tax-paid withdrawals
do
j
Imports
do
1
Stocks
do
•
3, 380
2, 838
9, 116
8,108
107
7
3, 402
2,839
9, 889
H, 903
2, 066
6, 393
233
121, 876
18
14
24
506
3,721 I
2,764 !
3, 460
2, 694
5, 239
4, 218
9, 720
8, 221
14, 691
12, 637
4,392 I 2,389
3,446 I 1,630
i
10,142 ! 6, 413
8, 348 ! 5, 003
1, 932
1,831 | 1,712
6, 332
6, 071 j 5, 782
247
252 |
306
116,342 i 110,706 105, 340
2, 019
10, 429
665
93, 245
3,303
3, 385
196
91, 237
22,108
4, 730
102
93, 969
28
18
29
669
34
20
18
680
3, 480
2, 669
10,513
8, 663
l
10,186
8, 136 !
46
17
20
532
90 j
619 j
83
34
101.
660
i
!
j
i
I
4, 182 !
3,501
10,350
9,060 i
6, 435
136
132,148
50
52
6,114
5,356
6, 749
5,856
4,563
3.755
3,111
2,533
14, 525
13,074 1
16. 856
15,231
12. 293
10,894
8, 056
7,008
35, 602 10 147
10,273 10 213
216
257
172, 258 163 774
2, 082
6 682
"l20
157, 724
105, 647
8,781
251
170,183
54
84
54
643
73
125
36
589
82
162
45
492
62
39
10
512
949
.33
115, 720
45, 580
150,747
.35
124. 540
49. 659
148,007
.31
136.450
56,582
DAIRY PRODUCTS
.Butter:
C o n s u m p t i o n , apparent t
thou<. of 1b
Price, wholesale, 92-score ( N . Y.) _dol. per In .;
Production, creamery (factory)t-tlious. of 1b. _;
Receipts, 5 markets
do...
Stocks, cold storage, creamery, end of m o n t h ,
t h o u s . of lb -,
Cheese:
<
] u.M I
. :JI
].>'). s2.">
.">:•$, 120
If), 520
• is. .-15 j 147,661 ; 150,073 ; 174,873 j 119,559 j 141,021 j 153,223
.30
29
. 28
.28
138, 305 150, 750 j 190,875 205, 310 183, 830 164. 030
54, 690
62, 187 I 68, 405
73, 449
58, 512
11, 919
9,504 ! 25,463
\ 360
Consumption, apparent!--- -- do -.' 50, s25 61.032 i 67,241
2,959 i 3,698
Imports!
do . _ 2.290
•
Price, wholesale, No. 1 Amer. (N. Y.)
:
. 17
dol. perlb..
49, !00
56,000
Production, total (factory)t
thou^. of 11
3 .. fi."..-) 40, 700
American whole
t
do . . . . 35, 695
Id. Nlfi
i<> . -i 10,894
Receipts, 5 marketsNi. 050
1> . .: 119,590
<
Stocks, cold storage, end of month.
6» , 970
lo
' 105,042
61, 5L0
American whole milk
<i-)
Condensed and evaporated milk:
Exports :§
494
C ondensed (sweetened)
. . . <! o _ _ _
2, 501 j 2,284
Evaporated (unsweetened)
. . . do
Prices, wholesale (N. Y.):
5 00
5 00
5. 00
Condensed (sweetened)
dol. per case..
3. 10
3. 20
3. 10
Evaporated (unsweetened)
.do . . .
Production, case goods :f
3, 391
3, 474
0, 511
Condensed (sweetened)
thous. of lb__
167, 046 170,455 199,631
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of
month:
4, 579
Condensed (sweetened)n e d ) . . thous. of lb.. j \ 70, 624 150,458 173,378
E vaporated ( u n s w e e t e
do
F l u i d milk:
C o n s u m p t i o n in oleomargarine
do
Price, dealers', s t a n d a r d grade.d f ol. per 100 lb._
P r o d u c t i o n (Minneapolis a n d St. Paul)
thous. of lb__
Receipts:
Boston
t h o u s . of qt_.
Greater N e w York
do
P o w d e r e d milk:
Exports
t h o u s . oflb_ _
Production
do.
Stocks, mfrs., end of m o n t h
do
150,219 I 158,235
.30
.29
144,205 I 135,435
55. 754 I 53, 377
SI, 005
123, 628
134, 266
66,201
4, 073
82, 158 j 09,080
4,072 j 3,363
62, 410
1,780
64, 059
1,377
65, 007
1,534
67, 856
2, 093
. 15
. 15 I
.10
87, 100 J 93, 300
(7, 995
74, 790
12, 507
; 5 003
87,555 114, 362
3, 056
143
.17
84, 500
67, 770
15, 270
138,049
115,992
. 17
73, 000
57, 680
13,272
148. 173
125, 300
.17
64, 800
50,975
14, 786
149, 309
127, 202
.17
60,300
66, 050
50,260
11, 737
78, 706
128,087 I 105,106
152,
67, 598
41.497 j '29,715
57,611
2, 261
56,233
2, 073
.18
I 48, 600
,
46, 050 ! 35, 520
17,501 I 14,648
143,633 136,574
123, 953 ! 118,516
57, 261
1,922
.19
.18
46. 500
50.100
33, 635
36, 350
12,913 i 11.894
128, 699 'r 125,308
112,237 | r 109,820
361
3,878
442
3, 636
1, 194
4, 550
4, 589
15,068
3, 368
52,964
3, 402
16,017
5, 387
4,572
4, 347
6,034
3, 294
4.434
3, 637
4, 162
5. 00
5. 00
3.00
5. 00
3.05
5.00
3.10
5.00
3.10
5. 00
3.10
5.00
3.10
5.00
3.10
5.00
3.20
.00
[
.20
4,816
6, 166
6, 741
260, 590
6, 088
230, 991
6, 608
196, 256
7,841
172, 036
6,166
133,590
150.040
6 998
,
17l] 609
10,221
288, 565
10,454
321,332
9, 728
349,433
9, 580
380, 545
9,115
358, 224
8, 543
8,047
187. 652
iso' 246
3,811
2.18
4. 264
2.18
4,179
2. 18
5,118
2.18
5, 545
2. 20
5, 545
2.21
43, 470
34, 931
29, 883
27,188
3.00
3, 176
230, 370
4, 014
207, 740
2. 26
5, 761
2, 25
5, 074
2. 25
39, 248
38, 441
42, 638
18, 754
18. 509
116,518
20. 309
122, 685
19. 601
120,993
20, 992
128, 218
20, 370
126, 476
21, 505
126,158
21,381
20,344
126, 576
20, 928
126,611
20,397
125, 242
20. 25.e
, 770
', 304
458
27, 406
24,086
640
34, 052
29, 281
37, 507
33,572
1.003
43,852
35, 843
1, 048
46, 646
40,412
1,213
35, 859
42, 805
1, 461
30, 291
46, 624
796
25, 535
45, 252
1, 966
26, 913
41, 032
4,390
22, 819
36, 037
1.961
25, 459
34,175
4,912
4, 639
4,251
9,862
5,906
1115,456 I
4, 323
14, 493
14, 334
1,814
8, 638
14. 960
2, 224
8,890
7,854
2,307
31,364
11, 664
2,938
34, 086
13,419
1,753
28, 656
16,591
1, 364
1.875
1.981
12, 508
810
1.420
397,722
11,490
•, 856
5,244 I
2.23
4, 691
2.18
6
6, 033
2. 26
2.24
28, 784
40 605
20 348
128 272
1,390
' 26,375
33. 351
r
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)!
thous. of bu.
Shipments, carlot
no. of carloads. Stocks, cold storage, end of month
thous. of bu._
Citrus fruits, carlot shipments..no. of carloads.Onions, carlot shipments
.
do
Potatoes, white:
Price wholesale (N. Y.)
dol. per 1001b._
Shipments, (crop
of carloads..
Production carlot estimate) no.thous. of bu
15, 604
1, 569
1. 531
17,979 I 24,792
1,614
3, 006
15,511
1,611
2. 095
"IS," 798"
1, 135
13, 346
2, 432
2. 131
21,879
0
12, 320
2, 636
2. 194 I
0
10, 052
1,032
1. 770
22~ 180 j 14,"417"
0
10,150
1,195
1.581
""7"799"
1. 675
l2,"
492"
1.445
~17~917'
4, 219
'23,014
20, 050
1,867
GRAINS AND GRAIN PRODUCTS
Exports, principal grains, incl. flour and meal§
9,324
10, 204
5, 636
3, 825
10,673
6, 289
6,630
10, 141
5,210
2,559 i 2 812
thous. of b u . 3,279
Barley.
229
358
185
130
218
206
228
122
104
173
109
Exports, including malt§
do
166
Prices, wholesale (Minneapolis):
. 56
.58
.46
.51
.45
.50
.52
.48
.52 |
.54
No. 2, malting
dol. per bu.,50
. 56
.53
.45
.42
.46
.41
.45
.50
.51 i
.53
No. 3, straight
do
. 51
309,235 !
Production (crop estimate)
thous. of bu._
5, 645
5. 059
5, 910
5, 997
2, 870
3, 847
14, 155
8, 406 I 6, 628
7, 117
7. 877 ! 6 496
Receipts, principal markets
do
6,35'
13, 943
10,883
16, 079
8, 809
5,598
6, 956
10, 254
11,074 S 11,371
9,682
9.640 ! 8 195
Stocks, commercial, end of mo
do
7,335
Corn:
I
1,467
1,867 I
5,796 I
1,261
6,701
-, 139
3,357 i 2,372
5,512
950
103
Exports, including meal§
do
1 558
7,042
7,607
7,076 !
5,940
6, 390
6,324 I 6,674
6,874 I
6, 385
7, 533
Grindings
do
1 2 6,487
6, 633
Prices, wholesale:
j
.58 I
.03
.69
.58 i
.66
.65
.64
.65
.62
.64
No. 3, yellow (Chicago) t
dol. per bu._i
.62
.66 I
.74
.66 i
(3)
.69
.69
.66 j
:3)
.67
No. 3, white (Chicago)
do
j
.66
,69
:3) i
Weighted average, 5 markets, all grades
!
.64
.58 i
.68
.66
.64
.65
.63
.58
.63
dol. per bu_-|
• -58
.66 I
r
Revised.
1
2
3
December 1 estimate.
For domestic consumption only, excluding grindings for export.
No quotation,
^Production in "commercial areas"; n o t comparable w i t h earlier estimates of total crop or " c o m m e r c i a l " crop. Some q u a n tities unharvested on account of market con";
ditionsare included.
tFor monthly data beginning 1913, corresponding to monthly averages shown on p. 105 of the 1940 Supplement, see table 20, p. 18, of the April 1940 Survev
tData for 1939 revised. See note marked "t", p. 42 of the January 1941 survey.
§Data for 1939 revised; for exports, see table 14, p. 17, and for imports, table 15, p. 18, of this issue.
43
SURVEY OF CURRENT BUSINESS
April
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
J 1941 I
'
; Febru- Febru| ary
ary
1941
1940
March | April j May
June
July
August
September
Novem- DecemOctober
ber
ber
January
FOODSTUFFS AND TOBACCO—Continued
GRAINS AND GRAIN PRODUCTS—Con.
Corn—Continued.
Production (crop estimate)
thous. of bu__
Receipts, principal markets
do
Shipments, principal markets
do
Stocks, commercial, end of month.-____do
Oats:
Exports, including oatmeal §
do
Price, wholesale, No. 3, white (Chicago)
dol. per bu_.
Production (crop estimate)
thous. of bu._
Receipts, principal markets
do
Stocks, commercial, end of month
do
Rice:
Exports§
.
..pockets (100 lb.)-Impor ts
.
.
do
Price, wholesale, head, clean (New Orleans)
dol. per l b . .
Production (crop estimate)
thous. of b u . .
Southern States (La., Tex., Ark., and Term.):
Receipts, rough, at mills
thous. ofbbl. (162 1b.)-Shipments from mills, milled rice
thous. of pockets (100 lb.)_.
Stocks, domestic, rough and cleaned (in
terms of cleaned rice), end of month
thous. of pockets (100 lb.) California:
Receipts, domestic, rough...bags (100 Ib.)..
Shipment from mills, milled rice
do
Stocks, rough and cleaned (in terms of
cleaned rice), end of mo_ .bags (100 l b . ) . . .
Rye:
Exports, including
flour
thous. of bu_.
Price, wholesale, No. 2 (Mpls.).-dol. per bu__
Production (crop estimate)
thous. of bu...
Receipts, principal markets
do
Stocks, commercial, end of month
do
Wheat:
Disappearance
do
Exports:!
Wheat, including flour
do
Wheat only
.
do
Prices, wholesale:
No. 1, Dark Northern Spring (Minneapolis)
dol. per bu__
No. 2, Red Winter (St. Louis).
do
No. 2, Hard Winter (K. C.).__
do
Weighted av., 6 markets, all grades..do
Production (crop est.), total
thous. of bu_.
Spring wheat
do
W inter wheat
. .do
Shipments, principal markets
do
Stocks, end of month:
Canada (Canadian wheat)
do
United States, total
do
Commercial
do
Country mills and elevators,..
do
Merchant mills
.
do
On farms....
do
Wheat flour:
Disappearance (Russoll-Pearsall)
thous. ofbbl..
Exports§
.
....
....do
Grindings of wheat
thous. of bu__
Prices, wholesale:
Standard patents (Mpls.)
dol. per bbL
Winter, straight (Kansas City)
_do
Production:
Flour, actual (Census)
thous. ofbbl..
Operations, percent of capacity
Flour (Russell-Pearsall)
thous. of bbL.
Ofisl (Census)
thous. of l b . .
Stocks, total, end of month (Russell-Pearsall)
thous. of bbL.
Held by mills (Census)...
..do
13, 802
7, 091
70, 142
13,126
7,777
40, 575
154
.43
3,050
4, 745
423,116
11,996
5, 955
39,704 |
13 116
17 316
24 016
23,411
14, 339
25, 419
22, 464
15, 126
25, 354
.35
11,690
9, 633
34, 142
.32
.038
37, 609
18, 660
59,314
21, 608
12, 190
65, 489
16, 433
9, 050
70, 278
74
.34
.039
.038
2,449,200
20, 710
10, 433
70, 067
87
59
.31
.040
.038
.033
.43
4, 926
4,751 ...._-... |. 3, 026
1,912
4,327
7, 539
3,130
7, 867
2, 769
6,204 ' 4, 619
316, 774 292, 278 287, 517 289,502 294,632 246,135
23, 636 40, 905 27, 572 59, 860 43, 357 22, 711
.039
28, 892
12.617
41,181
.30
66
83
228
19, 231
12, 385
28,119
69
.38
1,235,628
3, 543
4,238
7,075
4, 031
13, 287
5, 337
5, 664
7,093
9,141
6,592
6,688
8,395
247, 498 245, 881 347, 580 358,185 350, 908
190, 209
8, 421
52, 240 18, 406 21, 221 23, 075 16, 228
. 035
2 52, 754
763
982
967
919
844
366
283
280
970
2,896
2,379
1, 519
1,287
1,134
1,108
1,041
1, 080
1, 135
954
748
772
1,019
1,558
1,413
1,371
1, 431
3, 699
3,017
2,994
2,890
2, 084
1, 647
1,170
1,183
2, 667
3, 746
4, 012
3,964
342, 635 154,940 293,569 328, 769 387, 539 231,879 319,168 473, 827 488, 847 376, 624 203, 870 289, 627 264, 783
226, 943 91, 480 97, 009 141, 744 167, 697 196, 394 148, 390 160,879 370,380 126, 523 167,276 211, 149
81,855
378,074
437, 830
445, 605 455,143
455, 525 358,843 | 367,777 473, 481 400, 797 491, 976 429,129
337
5, 462
79
. 67
1, 455
10, 120
2,484
56
3, 816
1,430
6, 728
3, 704
3,837
1,833
2,239
227
1, 835
632
.85
.86
.78
.81
1.04
1.06
.99
1.01
1.04
1.06
1.02
1.01
1.08
1.11
1.06
1.06
1.01
1.04
.95
.97
.82
.87
8,085
7,403
8, 659
9, 459
18, 525
12, 780
0)
272
J'7
1. 478
10,138
90
,.70
1,448
10,048
112
.59
1. 324
9, 912
. 50
2 40,601
713
1,078
6, 640
7, 658
3,044
988
4,431
1, 293
4,069
549
.82
.83
.76
.78
.90
.82
.85
17,925
15, 284
0)
.41
239
.44
695
9,506
1,732
9,142
1, 520
8, 520
3, 686
1,876
2, 976
934
0)
.50
.76
.71
.72
21, 442
0)
609
6, 223
152,779
220, 504
173,068
29, 319
431, 886
2
.48
1, 467
8,112
1
.44
687
9,037
4
.45
380, 200
2,206
301
1,864
46
.88
.91
.83
.85
2 816,698
227, 547
2 589,151
9,652
16,210
.90
.92
.85
.88
.89
.92
.85
.87
10,025
288, 391 280, 625 258, 939 257,131 255,175 272, 360 352, 982 409, 356 415, 340 440, 293 445,153
725,128
437, 968
868, 207
297, 542
110,761" 105, 401 105,595" ~97~67o" 87, 327 160,150" 180," 052" 186,524 176," 390" 166,587 169, 776 161,088
165,
80,817
188,618
33,730
106, 303
94, 266
133,319
90, 964
157,484
359, 746
85, 521
283, 882
442, 408 292,090
152,598
517
36, 575
8,233
508
36, 400
8,338
643
37,812
8,227
427
37, 632
,5, 778
428
38, 694
5, 756
256
35, 079
4.54
3.58
5. 66
4.73
5.70
4.79
5.77
4. 86
5. 32
4.55
4.64
4. 19
9,443
385
38, 921
4.48
3.84
8,902
435
40,474
9,377
437
42, 268
9,117
668
45, 319
9,889
749
39, 707
9,022
405
37, 078
9,061
387
40, 000
4.17
3.71
4.34
3.88
4.62
4.01
4.66
4.24
4.52
4.16
4.70
4.09
8.063
8,166
8,269
9,960
8,818
8,025
8,320
8, 514
7, 682
8, 504
8,881
8,737
60.3
55. 6
55. 2
62.6
58.0
53. 7
56. 4
54.1
51.7
55.1
55.6
65.5
59.1
8, 505
9, 535 10,713
9,495
9,248
8, 441
8, 454
9, 603
8, 581
7,872
9,528
9, 587 10, 264
630,124 630,066 657,156 656, 277 673, 073 614, 992 681,823 705,137 735, 441 785, 828 687, 760 630, 306 690, 728
5,700
.. 4,409
5,500
2,427
1,604
1, 600
1,110
1,324
808
977
892
496
976
624
290
964
623
266
11.50
11.47
11.53
11.87
12.09
10.97
12. 06
12.21
10.50
11.85
12.61
10.58
11.90
13.08
11.94
2,177
2,302
3,113
3,595
3,787
1,598
1,497
649
677
33 |
37
1,692
601
36
2,371
730
42
2,682
905
47
2,823
960
40
6.41
6.24
6.42
5,700
5, 300
3,998
5,100
5, 350
5, 500
4,193
5, 200
5, 450
5,900
4,601
5,750
1,313
1,247
1, 359
1, 554
1,576
1,462
1,737
1,785
2,175
828
475
220
810
433
163
825
516
215
974
568
244
936
631
263
858
594
216
991
723
307
939
833
401
1,033
1,083
603
11.27
12, 55
12.50
10. 53
10.47
9.31
11.34
10. 69
9.46
11.22
9.93
9.83
10.89
11.31
9.69
10.33
9.59
10.44
11. 02
9.85
11.00
11.33
10.41
2, 513
2,922
2,710
2, 595
2,674
2,650
2,259
.1, 817
696
48
2,074
841
1,964
749
49
1,868
713
43
2,005
666
48
1,927
718
33
4.94
5.46
5.66
5.04
5,825
LIVESTOCK
Cattle and calves:
Receipts, principal markets, thous. of animals.
Disposition:
Local slaughter
...
..do
Shipments, total
do
Stocker and feeder
.
__do
Prices, wholesale (Chicago):
Beef steers
.
dol. per 100 lb_.
Steers, corn fed,.
do
Calves, vealers
do
Hogs:
Receipts, principal markets-thous. of animals.
Disposition:
Local slaughter
.
do
Shipments, total
do
Stocker and feeder
.
do
Prices:
Wholesale, heavy (Chi.) dol. per 100 lb_.
Hog-corn ratio
bu. of corn per cwt. of live hogs..
'1 Revised.
Less than 500 bushels.
3
December 1 estimate.
-.Data for 1939 revised; see table 14, p. 17 of this
7.60
12.8
43
4.93
9.1
issue.
8.4
8.4
7.6 i
5.99
9.2 i
6.23
9.2
9.9 i
9.8
9.9
10. 3
2,148
881
58
7.69
13.0
44
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
April 1941
1940
June
1941
October Novem- Decem- ! Januber
ber
ary
July
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK—Continued
Sheep and lambs:
Receipts, principal markets-thous. of animals
Disposition:
Local slaughter
do _ - .
Shipments, total
do_ _ _
Stocker and feeder
do-_.
Prices wholesale (Chicago):
Ewes
dol. per 100 lb_
Lambs
do _ _.
MEATS
Total meats:
Consumption, apparent
mil. of lb-_
Exports §
do
Production (inspected slaughter)
do
Stocks, cold storage, end of month
do
Miscellaneous meats
do
Beef and veal:
Consumption, apparent
thous. of lb-_
Exports§
do
Price, wholesale, beef, fresh, native steers
(Chicago)
dol. per lb..
Production (inspected slaughter)-thous. of lb_.
Stocks, beef, cold storage, end of mo
do
Lamb and mutton:
Consumption, apparent
do
Production (inspected slaughter)
do
Stocks, cold storage, end of month
do
Pork (including lard):
Consumption, apparent
do
Exports, total
do
Lard
do
Prices, wholesale:
Hams, smoked (Chicago)
dol. per lb-_
Lard, in tierces:
Prime, contract (N. Y.)
do
Refined (Chicago)
do
Production (inspected slaughter), total
thous. of lb__
Lardf
do
Stocks, cold storage, end of month
do
Fresh and cured
do
Lardt
do
POULTRY AND EGGS
Poultry:
Receipts, 5 markets
thous. of lb_.
Stocks, cold storage, end of month
do
Eggs:
Receipts, 5 markets
thous. of cases..
Stocks, cold storage, end of month:
Shell
thous. of cases..
Frozen
thous. of lb_.
1,416
1,424
1,440
1,876
2, 002
1, 687
1,894
2,068
2,523 I
2,737
850
568
128
863
559
84
824
620
89
1,046
828
156
1,077
917
169
915
779
132
972
921
214
1,188
383
954
1,530
610
1,085
1,669
890
320 i
917
688
154
997
718
148
5.63
10.09
5.09
8.60
5.53
9.64
5.10
9.67
4.3 6
9.63
3.84
10.16
3.45
9.14
3.50
8.75
3.83
8.54
4.01
4.03 !
4. 10
5.22
9.78
1.071
21
1, 139
1,309
89
1,054
61
1,214
1,093
107
1,132
30
1,165
1,100
101
1,167
28
1,133
1,031
1,200
21
1,200
1,010
1,144
19
1,177
1, 034
79
1,152
35
1,122
974
77
1,228
17
1,068
796
67
1,167
16
1, 051
662
58
1, 365
17
1,349
632
53
428,542
1, 079
424,129
1,767
425, 409
1,325
467, 534
1,491
484,143
1,366
441,163
1, 323
479,493
1,076
480,723
1,403
456, 800
1,280
524.736
1,508
463,355 S 439,048 r 502, 771
1,609
1,181 i 1.003
.180
410, 821
99,097
.150
415, 207
74, 708
. 159
419,498
72, 560
.166
453, 508
62,020
.170
467,179
53,193
.165
429,851
45, 972
. 176
471,496
42, 004
. 183
.192
469,808 ! 452,515
35, 663
36, 303
. 186
532, 165
48, 245
.190 ! .193
483,045 1 469,265
71, 508
106, 990
61, 029
60, 800
4, 410
56,124
56,281
4, 488
54,871
54, 677
4,257
57, 305
56, 657
3, 580
56, 647
56, 567
3, 463
52,427
52, 245
3, 254
54,886
55, 019
3, 342
581, 555
17,603
14, 830
573, 246
52,815
25,133
651, 337
25, 356
20, 654
642, 696
23, 806
18,849
659, 459
18, 664
14,889
650, 297
15,826
12, 697
617,900
31,472
28, 239
.168
.168
.171
.173
. 175
063
070
.066
.072
.060
.070
.060
.065
.064
.069
690, 347
622,544
113,315
878,008
611,956
266, 052
675,942
121,956
876,512
592,575
283,937
694,535
121,511
905, 296
598, 522
306, 774
595, 749
103, 983
851,896
.548, 688
303, 208
22, 671 ! 22, 054 | 19, 889 | 26, 042
144,759 I 115,442 I 86,226 I 76,904
28, 212
82, 336
2,369
1, 682
57, 579
57,848
57.457 i 58,108
3,192 I 3,411
1,776
1, 597
9. 06
1,289
17
1,442
69, 165
69,618
3,817 j
1,200
18
1,550
1, 164
102
r
r
1,250
18
1.356
1,258
98
.193
496,850
" 108, 622
58, 705
59, 332
4,427
58.314 | ' 7 0 . 3 2 7
59,026 j 69,936
'4,699
5,119
766, 548
13, 555
10, 228
702,972 '677,365
15,034 j 15,941
12,302 j 13.666
I
.218
. 062
. 075
.067
.072
666, 956
117,714
1,116,227
790, 385
325, 842
742, 054
140,979
907, 293
650, 653
256, 640
19,159
163,347
1,110
1,017
298
45,120
81
38, 070
130
921
652
268
199
510
733
777
1,734 !
854
44, 199
2,238
3,341
. 980
.......
5,. , _ „
7, 513
79,454 ! 123,793 I 150,366
689, 594
14,158
651,872
13, 854
9,956
771, 486
14. 033
10,198
.178
.183
.183
.183
.055 I
.066 |
.055
.071
.052
.068
.053
.069
540, 480
84, 310
564,904
329,214
235, 690
747, 045
114,789
526, 878
303, 712
223,166
899,
145,
646,
408,
237,
321
387
492
900
592
1,021,219 I 788, 844
181,917 1 138. 836
950,238 i •1,046,817
656,169 I • 739, 927
294,069 ! • 306, 890
26, 892
82,415
32,987
34, 087
82,178 i 90, 842
I
1.274 |
799
943 !
44, 248
114,257
89,802
159,110
88.005 j 27,933
208,365 -191,410
7, 784
154,947
7,241 ! 6,040 | 4,144
145, 653 130,787 i 111,815
10,181
541,180
90, 525
689,854
417, 564
272, 290
.050
.068 |
682 I
.057
. 075
734 I 1,065
614 '
1,969 i
' 297
91,273 | 73, 326 ir 53,828
TROPICAL PRODUCTS
Cocoa:
11,886
14, 865
24,935
30,917
20, 119
22, 288
30, 053
33. 795
40,548
41, 185
35, 396
30, 082
Imports§
long tons -. 27,615
.0556
.0600
.0553
.0534
. 058
. 0495
.0451
.0452
.0466
.0520
.0489
.0426
. 0538
Price, spot, Accra (N. Y.)
dol. per lb._
Coffee:
1,162 I
926
1,342
703
1,136
1.306 | 1,455
733
847
1, 384
1,094
804
1 050
Clearances from Brazil, total--thous. of bags-.
975
1,149 ! 1.214
539 j
606
708
668
896
650
912
717 |
944
571
To United States
do_...
2,260
1,393 I 1,148
994
1 247
2,010
1,386
1,228
1,274 !
Imports into United States §
do
1,605 j
1, 226
1,443 |
1,339
!
Price, wholesale, Rio No. 7 (N. Y.)
.057
.056
.055
.051
.051
.051
.052
.053
.053 I
dol. per lb..
.053 |
.053
.056
.053
I
Visible supply:
1, 600
1,044
944
975
997
1,300
895
United States
thous. of bags_.
992 i
1,157 I
997
1,053
1,018
Sugar:
Raw sugar:
Cuban stocks, end of month
1,258
2, 501
2, 260
2, 021
1, 776 I
1, 650 1,568 | 1,473
1.037
1,216 j 1,181
' 1,258
2,226
thous. of Spanish tons..
I
United States:
323,430 289, 291 333,186 339,755 351, 629 I 336, 579 ! 380,198 318, 357 368,346 303, 215 350,401 j 305,978 307,619
Meltings, 8 ports
long tons..
Price, wholesale, 96° centrifugal (N. Y.)
.030
.029 :
.028
. 028
.027
. 027
.027
.029
.029
.028
.027
.028
. 029
dol. per lb_.
Receipts: From Hawaii and Puerto Rico
95, 057 117,576 129,878 156,155 148,904
6 s 831
100, 932 123, 983 125, 256 127, 822 136, 764 118,252 | 34,554
long tons-.
Imports, totalJ§
d o — 276, 810 208, 959 211,027 207, 784 222, 532 232, 048 221. 696 198, 490 143, 034 145, 042 175, 548 113, 186 I 236,098
164, 919 121, 604 157, 045 143,329 129, 006 148,833 155, 545 98, 623
91,442
51,607 I 148, 938
90,986
73,155
From CubaJ
do
106, 397
60, 535
93, 447
79, 097
71,107
71, 884
45,955 ! 83, 458
49,971
79,824
52, 041
66,140
99,852
From Philippine Islands^
do
296,796 445, 039 501, 547 500,912 557,928 557, 564 487, 637 474, 426 412,105 315, 501 295, 661 277,946 j 276,034
Stocks at refineries, end of month, . d o . . .
Refined sugar (United States):
993
6.720
19, 001
2,034
7,420
2,996
13, 631
15,132
18, 392
10,977
3,995
6, 305
35,636
Exports
do^_
.050
.051
.051
.050
.050
.050
.051
.050
.050
.050
.050
.050
.050
Price, retail, gran. (N. Y.)
dol. per lb_
.044
.044
.044
.044
.043
.044
.044
.043
.043
.043
.043
.043
.044
Price, wholesale, gran. (N. Y.)
do-..
Receipts:
2, 366
3,991
2,054
28,710
29,115
271
22, 737
26, 245
13,755
1,109
1,406
1,654
25, 879
From Hawaii and Puerto Rico.long tons.
45, 750
904
12,976
35, 073
53, 878
37, 488
35, 298
10, 076
23, 361
24, 452
40,129
43, 668
25, 983
Imports, total!
do
38, 471
45, 689
35, 273
29,711
6,155
7,477
241
20. 251
22, 275
31,278
32, 048
37, 562
24, 994
F ro m C ub at
d o.. _
8,178 I 7,261
2,187
1,362
2, 857
2,176
5,571
479
5. 207
3,794
960
8, 066
6,023
From Philippine Islandst
do...
8,630 I 4,921
6,510
9,364
8, 863
7,783
9, 385
8,863
8,056
9,030
7.838
7,316
7,176
Tea, imports
thous. of lb.
r
Revised.
tRevised series; revisions beginning January 1937 appear in table 8, p. 18, of the January 1941 Survey; see also note marked " 1 " which applies to both production and stocks.
t Monthly figures beginning 1913, corresponding to the monthly averages shown on p. 113 of the 1940 Supplement, are available on request.
•fin accordance with new definitions effective November 1, 1940, fats rendered from hog carcasses formerly reported as "lard" are now reported as "lard" and "rendered
pork fat." The two are here combined to have figures comparable with the earlier data.
§Data for exports and imports revised for 1939; see table 14, p. 17, and table 15, p. 18, respectively, of this issue.
45
SURVEY OF CURRENT BUSINESS
April 1941
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
1940
February
March
April 1 May
I
June
July
1941
August
September
October Novem- December
ber
January
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS
Candy, sales by manufacturers.-.tbous. of doL.
Fish:
Landings, fresh fish, prin. portS-.thous. of lb-_
Salmon, canned, shipments
cases..
Stocks, cold storage, loth of month
thous. of lb-_
Gelatin, edible:
Monthly report for 7 companies:
Production
do
Shipments
.do .
Stocks
do
Quarterly report for 11 companies:
Production
do
Stocks
do
TOBACCO
Leaf:
Exports, incl. scrap and stems§--thous. of lbImports, incl. scrap and stems§
do
Production (crop estimate)
mil. of lb._
Stocks, dealers and manufacturers, total, end
of quarter
mil. of lb._
Domestic:
Cigar leaf
do
Fire-cured and dark air-cured
do
Flue-cured and light air-cured
do
Miscellaneous domestic
do
Foreign grown:
Cigar leaf
do
Cigarette tobacco
do
Manufactured products:
Consumption (tax-paid withdrawals):
Small cigarettes
millions._
Large cigars
thousands. _
Manufactured tobacco and snuff
thous. of lb__
Exports, cigarettes§
thousands.Prices, wholesale (list price, destination):
Cigarettes, composite price._dol. per 1,000..
Cigars, composite price
do
Production, manufactured tobacco:
Total
thous. of lb..
Fine cut chewing
do
Plug
do
Scrap chewing
do
Smoking
do
Twist..'.
do
20.411
29, 189
19,338
T
18,216 ! 16,212
15, 953
28, 558
399,199
25,298
198,816
20,344
603,249
26,603
86, 061
71,333
62,622
45,592
34, 835
33, 756
1, 686
1, 513
5,935
1,924
1,571
6,385
1,949
1,618
6,716
2,029
1, 737
7,009
1,688
1,711
6,985
5,285
32, 550
5,159
23,409
44,624
794,289
12,5
1,587
1,622
6,950
12. 820
1,229
1, 715
6,464
1,150
1,674
5,940
6,971
10,362
7,515
10,287
14, 930
4,898
15, 679
35,583 { 55,715
51,461
204, 827 375, 008 880,148
62, 062 76,479
45,473
15,912
5,790
32, 616
6,770
20, 965
6,425
24,111
24,159
86, 321
94,006
1,160
1,399
5,701
1,397
1,595
5,503
95, 531 100,088
1,625
1,636
5,492
14, 360
7,329
19,076
• 86, 880
1,856
1,775
5,574
1.806
1, 617
5,763
6,364
8,421
4,700
8,600
15, 533
7,780
22, 709
40, 836 36, 070 31,518
22, 027
817,370 463,549 728, 566 530, 784
7,644
6,239
11, 526
6,734
11, 836
5,365
14, 844
6,268
18, 947
7,091
i 1, 376
3,329
3,031
3,123
3, 435
402
268
2,519
3
378
227
2,290
3
358
207
2,431
3
321
202
18
119
19
112
18
106
18
102
16, 287
13, 021 14, 820 16, 275 17, 565 15, 913 15, 840 14, 890 16, 448 14, 347 13,815
397, 490 425, 140 469, 313 435, 029 460, 523 487, 641 475, 725 583, 508 507, 349 349, 780 403,166
27, 550 28, 481 29, 924 27, 660 29, 333 28, 849 28, 729 34, 718 28, 596 24, 758 28, 958
537, 206 509, 420 803, 312 604, 312 406, 076 639,101 285,106 533, 455 472, 923 597, 390 626,129
14,465
385, 349
13,163
375, 824
25, 202
584, 281
26, 857
576, 914
5. 760
46.056
5.513
46. 056
5. 513
46. 056
5.513
46. 056
5.513
46. 056
5. 513
46. 056
5.760
46. 056
5.760
46. 056
5.760
46. 056
5.760
46. 056
5.760
46. 056
5. 760
46.056
5. 760
46.056
24, 049
300
4,035
3,397
15,836
481
24, 045
335
3,806
3, 363
16, 087
454
25, 554
362
4,278
3,507
16, 949
458
26, 889
512
4,331
3,539
18, 004
503
24,167
367
4,115
3,187
16,082
416
26,887
432
4,521
3,985
17, 460
25, 933
456
4,225
3,807
16, 949
497
26, 300
398
4,145
3, 525
17, 762
47i
31, 133
443
4,195
4,009
21,950
536
25, 704
421
3, 942
3,256
17, 642
442
22, 941
380
3, 681
3,196
15, 227
456
25, 153
426
3,882
3, 636
16, 752
457
I
FUELS AND BYPRODUCTS
COAL
Anthracite:
Exports
. .thou 3. of long tons.,
114
121
167
282
329
222
159
121
363
221
Prices, composite, chestnut:
11.04
11.48
Retail
dol. per short ton
11.66
11.41
11.37
9.462
9 826
9.769
Wholesale
do
9.576
9 584
9.388
9 636
9.278
9.333
9. 558
Production
thous of short tons
4, 430
4,234
4, 367
3,546
3,746
4,056
3,957
4,408
3,775
3,773
Stocks, end of month:
do
531
1,112
In producers' storage yards
137
506
953
372
91
1,164
1, 279
128
In selected retail dealers' yards
37
46
49
number of days' supply. _
40
26
23
17
24
56
51
Bituminous:
2,081
1,849
1,091
Exports
thou 5. of long tons..
602
1,948
510
1,231
1,806
1,488
488
Industrial consumption, total
25, 741
24, 988
27, 079
thous of short tons.. 30,948
26,072
25, 877
30, 333
28, 780
26, 783
28, 538
do.
242
211
432
166
367
442
Beehive coke ovens
_ 160
240
577
789
do.
6,184
6, 445
5,632
6, 928
6, 624
6,703
5,676
6,603
5,830
6,000
Byproduct coke ovens do
519
542
246
337
418
543
578
534
370
513
Cement mills
139
124
139
141
205
136
139
131
123
143
Coal-gas retorts
. . . .,_ . . d o .
4,812
3,839
4,341
do
4, 233
4,217
4,029
3, 561
4,079
4,177
3,696
Electric power utilities
d o . _7,666
6,606
7, 349
6,199
6,391
6,612
6,721
6, 534
7,328
7,288
Railways (class I) _
966
715
752
do
870
751
690
791
725
Steel and rolling mills
900
870
do.,..
10, 340
9,080
8, 650
7,080
7,520
7,170
Other industrial-_ . . . , . .
9,830
7,510
7, 950
10,030
Other consumption:
105
112
78
105
93
102
100
102
Vessels (bunker)
thous. of long tons..
110
128
Coal mine fuel
_. thous. of short tons..
296
226
241
243
276
231
281
258
268
277
Prices:
Retail composite^
dol r>er ^hnrt. ton
8.54
8.36
8 87
8.65
8.75
"Wholesale:
4. 389
4.264
do__-_
4. 251
4.256
4.277
4. 318
4.275
4. 265
4. 296
Mine run, composite - . .
4.403
4. 615
4.354
4. 602
4.314
4. 297
4.276
4. 457
4. 230
4.231
Prepared sizes, composite..
do
4. 395
32, 400
Production!
thous. of short tons.. 41, 450
35, 244
38, 700
39, 277
32, 790
34,896
35, 890
39, 010
38, 650
Stocks, industrial and retail dealers, end of
51,564
35, 721
45, 438
month, total
thous. of short tons
48, 236
51,122
39,077
39, 203
41, 563
48, 111
35,108
42, 464
do. .
42, 236
42,122
34, 563
37, 538
39, 611
32, 577
30, 521
32, 403
Industrial, total
. ..
30, 208
7,832
9,712
5, 956
6, 506
do
5,150
8, 861
7,448
9, 890
5,305
5,875
Byproduct coke ovens
494
515
486
507
551
do. .
440
444
463
408
Cement mills
578
284
292
287
285
291
243
do
247
248
218
200
Coal-gas retorts
9,514
11,337
11,309
10, 241
10, 559
do
11,003
9, 128
9,798
10, 663
Electric power utilities
9, 257
4, 526
5, 679
4,644
4,216
5,272
4, 660
5,693
5,493
4, 602
.
do.-_.
5,240
Railways (class I)
541
660
605
do
1,040
565
661
690
533
650
578
Steel and rolling mills
14,490
13, 580
14,690
12, 900
do
10,060
10, 780
12, 740
10. 990
9,800
11, 840
Other industrial
do. _
8,500
9,100
7, 000
7,900
6,000
5,200
9,000
6,800
6,500 1
4,900
Retail dealers, total
r
J
Revised.
December 1 estimate,
t Data for 1938 revised. See p. 45 of the August 1940 Survey.
^Composite price for 38 cities in March; 37 cities in June, September, and October; 36 cities in November; and 35 cities beginning in December,
both anthracite and bituminous, are now compiled on a monthly basis for the coal-burning season, September through April.
§I)ata for exports and imports revised for 1939; see table 14, p. 17. and table 15, p. 18, respectively, of this issue.
141
146
153
11.57
9.775
3,869
11. 59
9.793
4,699
11.67
9.823
' 4, 977
704
1,112
939
57
45
33
1,065
518
454
30, 961
626
6,799
556
139
4,582
7, 594
895
9,770
107
286
32, 637
736
6, 999
507
171
4, 737
8,072
975
10, 440
r 33, 588
817
7,061
407
152
' 4, 782
' 8,176
1, 043
11,150
'80
296
83
••315
8.86
8.87
4.393
4.619
40,012
4.393
4.618
41, 400
4.390
4.616
44, 070
51, 872
42, 922
10,091
476
273
11,413
5,748
691
14, 230
8,950
50,998
42, 978
10,184
436
284
11,336
5,921
827
13,990
8, 020
8.84
r
' 48, 702
•• 42,102
9,887
408
258
r 11,119
r
6, 235
'935
13,260
6,600
Data for retail coal prices,
SURVEY OF CURRENT BUSINESS
46
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
1941
1940
1941
February
April 1941
February
March I April j May
July
Novem-1 Decem- . Januber
I ber
ary
August
FUELS AND BYPRODUCTS—Continued
COKE
Exports
tbous. of long tonsPrice, beehive, Connellsville (furnace)
dol. per short ton.
Production:
Beehive
thous. of short tons.
Byproduct
do. _ _
Petroleum coke
do...
Stocks, end of month:
Byproduct plants, total
do. - At furnace plants
do
At merchant plants
do...
Petroleum coke
do-_.
36
39 i
46 ,
42
52
74
77
90
79
76
62
51 !
5.000 I
45
5. 375
5. 375
4.550 ! 4.475 ! 4.475 I
4.475
4. 475
4.475
4.475
4.475
4. 475
4.555
496
4,502
155
4,017
131
135
4, 125
130
102
3,984
139
106
4 244
152
151
4 375
149
231
4,619
121
272
4,627
119
363
4,840
131
394
4,750
88
514
463 '
4, 890
4,933
126
126
1,391
774
618
1 698
,
784
r 914
628
1 638
,
800
838
624
2,016
931
1 085
,
663
2 056
955
1 101
681
1 803
877
926
697
1, 915
846
1,069
678
278
4,682
123
2,027
807
1, 219
647
2,058
776
1,281
617
2,029
740
1,290
581
1,997
713
1,284
527
1,901
736
1,165
487
3,321
.960
101, 766
2,244
.960
108, 668
81
110,079
2,866
.960
120, 075
81
106, 979
3,368
.960
116,045
82
111,817
4,266
.960
118,283
83
105, 237
3, 658
.960
111,690
84
107, 902 I 108, 756 107,756 109,394 105,364 109,703 110,683
4,023 j 4 744 3,199
4,059
3,910
3,771
4,150
.960
960 .960
. 960
.960
.960
. 960
113,244 110, 523 109,337 113,418 106,904 i 110,520 j 110,647
82 I
82 i
83
83
80
81
82
78, 866
36, 000
214,321
42,119
172, 202
1,853
78, 359
35, 782
218. 492
45,183
173, 309
2, 083
78, 443
3,"), 368
218, 998
47, 525
17"., 473
'.I, 021
77, 550
36, 182
219, 796
47, 959
171,837
1,860
1, 597
732
865
406
PETROLEUM AND PRODUCTS
Crude petroleum:
Consumption (runs to stills)-.thous. of bbl..
Imports!
do
Price (Kansas-Okla.) at wells
dol. per bbL.
Productiont
thous. of bbL Refinery operations
pet. of capacity..
Stocks, end of month:
California:
Heavy crude and fuel.
thous. of bbL.
Light crude
do
East of California, totalj
do
Refineries t
do
Tank farms and pipe linest
do
Wells completed^ - number.
Refined petroleum products:
Gas and fuel oils:
Consumption:
Electric power plants
thous. of bbL_
Railways (class I)
do
Vessels (bunker)
do
Price, fuel oil (Pennsylvania)*-dol. per gaL.
Production:
Residual fuel oili
thous. of bbl._
Cas oil and distillate fuels, total
do
Stocks, end of month:
Residual fuel oil, east of California
thous. of bbL .
Gas oil and distillate fuels, total- ..do
Motor fuel:
Demand, domestic?
thous. of bbLExportsf
do
Prices, gasoline:
Wholesale, tank wagon (N. Y.)t
dol. per gaLWholesale, refining (Okla.)
do
Retail, service stations, 50 cities*
do
Production, totalt
thous. of bbl._
Benzol %
do
Straight run gasolinet
do
Cracked gasolinet
do
Natural gasoline'!
do
Natural gasoline blended J
do
Retail distribution
mil. of gal.
Stocks, gasoline, end of month:
Finished gasoline, total
thous. of bbL_
At refineries
do
Natural gasoline
do
Kerosene:
Consumption, domestic
do
Exports§
do
Price, wholesale, water white, 47°, refinery
(Pennsylvania)
dol. per gal._
Production
thous. of bbl..
Stocks, refinery, end of month
do
Lubricants:
Consumption, domestic^
do
Price, wholesale, cylinder, refinery (Pennsylvania)
dol. per gal._
Production
thous. of bbL.
Stocks, refinery, end of month
do
Asphalt:
Imports§
short tons._
Production
do
Stocks, refinery, end of month
do
Wax:
Production
thous. of 1b-..
Stocks, refinery, e n d of m o n t h
do
I
79, 047
36,110
200, 704
40, 212
160, 492
1,655
78, 440
35, 943
207, 407
40, 871
166, 536
1,677
1,446
4,100
3,082
.039
1,261
4,281
3,350
.039
75,392
76,373
35, 460
36, 493
220, 234 220, 197
47, 950
44, 778
172, 284 175, 419
1, 788
1, 555
74,124
35, 422
220, 896
44, 774
176,122
1, 856
73,011
35, 043
220, 645
44, 873
175, 772
1,533
71,798
35, 852
221, 031
43, 767
177, 264
1,243
I
70, 474
35. 961
219,905
42. 760
177,145
1, 536
54
.054
26, 548
14, 541
25, 469
14,154
25, 248
14, 439
26,451
14, 957
25,504
14, 735
27,944
14, 381
26,125
15, 073
27, 925
16, 608
27, 958
17, 018
19,160
18, 541
18, 475
20, 310
19,116
23,112
20, 339
2e, 412
21, 909
30,134
24,042
33, 964
25,015
37, 166
26,539
37, 709
24,580
35, 885
23, 656
32, 082
22, 060
37, 557
1,848
44, 607
2,021
47, 683
1,730
52,946
1,766
hi, 459
2,177
53, 865
1,460
55, 346
1, 686
52, 297
1, 699
53, 807
1, 662
49, 074
1,904
46, 413
1, 786
45, 344
1, 469
.137
.044
.133
47, 596
231
20, 409
22, 777
4, 179
3, 067
1, 543
.134
.044
.132
51, 230
237
21,774
24, 730
4, 489
2,986
1,812
.133
.046
.129
50, 625
228
23, 082
22, 901
4,414
2, 783
1, 936
. 128
.048
.127
52,183
247
22, 526
24, 823
4, 587
3, 075
2, 133
.127
.048
.125
51, 325
263
22, 422
24, 239
4,401
2. 600
2,267
.130
.048
.126
51, 879
279
22, 420
24, 496
4, 684
r 2, 864
2, 126
.128
.046
.123
52, 658
22,120
25, 587
4,680
r
3,186
2,319
.124
.046
.122
52, 313
263
22, 254
25, 090
4,706
r
3,901
2,134
.122
. 045
. 122
52,907
290
21, 602
25,968
5, 047
r
4,269
2, 190
.120
.045
. 121
50, 892
282
21, 053
24, 716
4,841
r
4,133
1,911
.123
.045
. 122
52,508
298
22 213
25,047
4, 950
'3, 945
1, 840
.125
.044
. 122
52, 542
313
21, 353
25, 992
4,884
4, 016
92,721
68, 227
4, 757
.127
.044
.123
26, 870
25, 372
16,346 I 15,260
19,130
19, 615
1,056
••.042
24, 680
16,252
.044
1,814
5,021
2,525
'.043
96, 467
70, 274
5,393
96, 615
69, 407
6, 112
93, 474
65, 871
6,514
86 276
59, 708
1, 000
82, 025
54,414
7, 584
77,134
50, 056
7,702
75,915 I
49,040 !
7,038 j
73,338
47,162
6,569
73, 429
46, 695
6,102
77,943 I 83,310
50, 807 I 55, 562
5, 704 i
5, 490
6, 263
279
6, 273
463
5,621
375
5,297
377
3, 952
299
4 257
'213
4,114
196
5, 173 j
173 !
5, 608
120
6, 768
175
. 049
6,496
11,000
.050 I
6,431 j
10, 473
979
948
j, 016
4,164 !
4,130 % 090
2,930 | 3,242
11, 926
.039 I .039
.039
1, 234
4,166
3,009
.039
1, 503
4, 293
2, 661
.040
1, 425
4, 334
2, 293
.040
1, 678
4, 847
2. 724
.040
1, 469
4,805
2, 779
.050
6,570
1, 522
1,883 !
. 094
. 193
3,108
7, 825
.170
3, 335
8,084
9, 838
1, 876
219, 600
4, 114
.050
6, 257
4,351
6, 641
5,309
.051
5, 785
2,138 2,063 j 2,146
.161
3,280
8,065
647, 000
896
417
324, 200 400, 000
699, 000 768, 000
49, 560
82,631
47,320 i 42,560
90,373 ! 96,910
. 150 i .143
3,341 i 3,212
8,170 ! 8, 161
230
487, 600
759, 000
260
527, 300
681, 000
. 050
5, 797
8, 191
.049
5, 629
9, 476
1,871
2,024
.118
3. 024
8, 573
.103
2, 635
8,457
9, 761
606, 600
623, 000
44, 240 | 39, 760 37, 520
103,289 i 110,346 113, 978
.049
6.062
10, 254
'.044
28, 034
7, 808 ;
113 i
7, 769
.052
6,894
9, 512
.053
6,661
8, 312
j
.050
5, 945
4, 302
1,689
57
i
2,150 |
I
21,028 !
638,000 i
588,000 j
2,443
.090
3, 021
8,365
2,367
2, 449
.094 |
.090
2,682 |
2, 954
8,464
8,596 i
|
39,993
1,447
604, 700 608,400
490, 000 469,000
. 090
2, 865
8,767
.090
2. 943
S, 809
377
18, 504
600
396,900 I 326, 200 j 303, 100
526,000 '< 614,000 ! 689,000
j
:
33, 320 i 39, 760 | 43,120 43,960 ! 43,080 ! 45.080
112,359 I 110,028 I 113,827 120,212 ! 125, 272 120,027
I
I
LEATHER AND PRODUCTS
HIDES AND SKINS
22, 767
38, 459
42, 542
23, 855
23,716
28, 521
28,111
29, 627
41, 284
28, 863
33, 123
Imports, total hides and skins§ --thous. of lb._
3,365
1,489
1,152
1, 999
2,828
1, 005
1, 118
1,085
1, 253
2,108
Calf and kip skins§
do
623
22, 004
9,068
18, 922
9, 669
16, 401
14, 305
16, 170
26. 925
24, 638
7, 756
20, 685
Cattle hides...
do
5, 906
3, 661
4, 379
5,368
4,990
6, 836
5, 729
5, 576
6, 065
4,792
5, 295
Goatskins§.
do
2,904
5,882
6,249
4,933
5,458
5, 357
7,293
3,786
Sheep and lamb skins §
__do
3,997
3, 919
5,199
' Revised.
*New series. Data on wholesale price of fuel oil beginning January 1918 appear in table 46, p. 14 of the November 1940 Survey. Data beginning 1920 for the new series
on retail service-station price of gasoline, which replaces a similar series previously shown, appear in table 10, p. 16 the March 1941 Survey.
fExports of motor fuel revised; for data beginning January 1913, see table 54, p. 16 of the December 1940 Survey. Data beginning January 1941 include mineral spirits.
The comparability of the series is effected to a negligible extent, mineral spirits representing less than one percent of the total exports. For revised series on wholesale
tank wagon (N. Y.), price of gasoline, see table 6, p. 18 of the January 1941 Survey.
{Revised data for 1939 appear on table 1, p. 17 of the January 1941 Survey.
§Data revised for 1939; for exports, see table 14, p. 17, and for imports, table 15, p. 18, of this issue.
April 1941
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- j 1941
gether with explanatory notes and references
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
47
1940
February
March | April | May
June
July
I August
1941
October Novem- Decem-1 Januber
ber I ary
September
LEATHER AND PRODUCTS—Continued
HIDES AND SKINS—Continued
Livestock (federally inspected slaughter):
Calves
thous. of animals..
Cattle
.
do
Hogs
do
Sheep and lambs
do
Prices, wholesale (Chicago):
Hides, packers', heavy, native steers
dol. per lb__
Calfskins, packers', 8 to 15 lb
do
384
717
3, 725
1,391
378
715
4,277
1,313
.124
.216
.129
.214
440
721
3,981
1,266
.126
. 216
437
480
774
3,610 !
1,355 I
501
796
3,890
1,420
738
3,886
1,378
457
822
3,219
1,448
432
842
3,045
1,489
417
812
3,168
1,469
507
968
4,483
1,734
462
884
5,419
1,462
437
858
6, 063
1,416
411
891
4, 517
1,625
.127 j
.123
.214
.105
.187
.114
.188
.102
.153
.123
.166
.140
.203
.146
.218
.133
.213
.133
.216
92
2,701
37
2,031
33
2, 256
18
1,971
15
2, 752
4,000
2,626
2, 209
2, 776
435
2,679
936
1, 452
' 3, 087
2,880
953
1,534
' 3, 077
2,873
1,739 |
' 3, 030 I
3,261
844
1,597
2, 830
3, 050
••980
1,977
' 3, 098
3,643
r 912
1,941
' 2, 372
3,411
r 964
' 2, 054
'3,098
3, 320
994
2,176
2,960
3,497
.212
LEATHEE
Exports:
773
1,278
643
354 i
Sole leather §
thous. oflb__
456
3,416
3,214
4,456
3,842
Upper leather §
thous. of sq. ft..
2,902
Production:
Calf and kip
thous. of skins..
'869
••889
'956
••993
Cattle hides
thous. of hides..
1,700
1, 566
1,892
1.590
Goat and kid
thous. of skins. _
' 3, 249 ' 3, 219 ' 3,413
' 3, 259
2,968
3,052
3,212
Sheep and lambt
do
3,357
Prices, wholesale:
Sole, oak, scoured backs (Boston)
. 355
.348
.345
.345
.344
dol. per lb._
Chrome, calf, B grade, black, composite
.480
.457
.455
.466
.469
dol. per sq. ft..
Stocks of cattle hides and leather, end of month
12, 887
12, 578 12, 529
12. 508
Total
thous. of equiv. hides. 9,203 |
8,911 8, 730
8,812
In process and finished
do
3, 799
3, 684
3, 667
Raw
do.-...
3, 696
LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total
dozen pairs.. 204,313 154,325 155,402 146,345 169,671
127, 698
88, 333
88, 956
81,355 100,717
Dress and semidress
do
67,069
Work
___do-~ 76, 615 65,369
64,990
68, 954
Boots, shoes, and slippers:
Exports§.
thous. of pairs_.
316
220
142
Prices, wholesale, factory:
6.00
6. 00
6.00
Men's black calf blucher
dol. per pair..
6.00
6.00
4. 25
4.25
4.25
Men's black calf oxford, corded tip...do
4.25
4.25
3.30
3.30
3.30
Women's colored, elk blucher....
do....
3.30
3.30
Production, boots, shoes, and slippers:^
35, 651
31,056
34,551
29,479
Total
thous. of pairs.. 38,006
349
285
311
321
343
Athletic
..do
915
824
506
529
965
All fabric"(satin, canvas, etc.)
do
692
1,048
1,299
424
1,621
Part fabric and part leather
do
31,324
29,538
25, 556
23,801
32, 686
High and low cut, leather, total....do
1,178
1,067
1,017
1,161
1, 266
Boys' and youths'
.
.
do
1,894
1,821
1,703
1,947
1,575
Infants'
do....
3,816
3,614
2,825
3, 960
2,601
Misses' and children's....
do
9,094
8,337
7,588
8,829
7,419
Men's
.
do
12,424
15, 343
11,045
Women's
.
.
do
15, 590
14, 700
Slippers and moccasins for housewear
1,870 , 2,288
2,880
3,127
2,268
thous. of pairs..
663
605
542
All other footwear
. . . . do_
819
345 !
.340
.325
.305
.300
.312
.343
.345
. 355
.455
.453
.442
.440
.453
.466
.478
.481
12, 737
8,891
3, 846
12, 621
8,743
3,878
12, 566
8,629
3,937
12, 740
8,708
4,032
13,176
8,935
4,241
13,571
9, 165
4,406
• 13,891
' 9, 429
' 4, 462
13, 875
9,379
4, 496
179,972
108, 674
71,298
(l)
(l)
0)
0)
0)
0)
0)
0)
(0
0)
(0
196,519
118,020
' 78,499
()
0)
0)
0)
0)
0)
0)
101
129
105
202
206
168
170
6.00
4.25
3.30
6.00
4.25
3.30
6.00
4.25
3.30
6.00
4.25
3.30
6.00
4.25
3.30
6.00
4.25
3.30
6.00
4.25
3.30
27,905
371
691
303
22,668
1,230
1,600
2,950
6, 925
9,963
33,590
323
302
370
28,113
1,391
1,710
3,357
8,018
13,638
39,315
359
302
519
32,837
1,624
1,790
3,669
9,622
16,132
34,992
389
319
474
28, 208
1,366
1,791
3,342
8,679
13,030
36, 746
508
311
834
28, 566
1,533
2,132
3,468
10,112
11,321
30,402
517
297
842
22, 409
1,281
1,823
2,881
8,618
7,806
31,425
479
332
1,043
25, 233
1,312
1,873
3, 282
8, 680
10, 085
' 36, 803
'380
'414
' 1, 586
' 32, 215
' 1, 359
' 2,148
' 3, 909
' 8,168
* 14,544
3,184
687
4,005
476
4,946
353
5,413
189
6,283
244
6,134
203
4,093
246
'1,713
'496
89,940
12,271
69, 356
71,374
72,862
10, 342
56,499
74,975
73,911
61, 960
6,443
36, 434
71, 202
79,865
14, 907
46,449
62, 349
6.00
4.25
3.30
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports, total sawmill products§ ._..M bd. ft
Sawed timber §
.
do.
Boards, planks, scantlings, ctc.§...
do
Imports, total sawmill products.
do
National Lumber Mfrs. Assn.:t
Production, total
mil. bd. ft.
Hardwoods
do
Softwoods
do
Shipments, total
do
Hardwoods
do
Softwoods
do
Stocks, gross, end of month, total
do
Hardwoods
.
do
Softwoods
do
FLOORING
Maple, beech, and birch:
Orders, new
M bd. ft..
Orders, unfilled, end of month
....do
Production
do
Shipments
.
do
Stocks, end of month.
do
Oak:
Orders, new
do....
Orders, unfilled, end of month
do
Production
..
do
Shipments
do..—
Stocks, end of month
do
60, 921
7,755
42,140
67, 504
59,734
13,217
41,197
45,373
62,458
14,909
43,500
44,088
79,880
19,934
52,469
45,357
99,098
26,859
65, 731
71, 006
91,180
14,892
62, 509
60, 725
108,059
14,880
81,099
65, 714
98,296
11,155
68, 262
64, 704
2,175
322
1,853
2, 228
357
1, 871
6, 331
1,418
4, 913
1,838
'353
' 1, 4*5
'1,853
' 344
r
2, 024
' 328
' 1,696
' 2, 080
' 335
' 1, 745
7, 565
r
1,824
5, 741
2,199
••331
'1,868
2,211
' 327
' 1,885
' 7, 556
r
1,828
2,343
'328
' 2, 016
' 2, 398
' 335
' 2. 063
' 7, 520
' 1,820
5, 700
2. 257
'284
' 1, 973
'2,219
' 328
'1.891 !
' 7, 586 |
' 1. 776
5, 810 |
2,227
'259
' 1. 968
' 2. 355
'339
' 2, 017
' 7, 482
1,' 699
5, 783
2,484
2, 541
'353
'300
' 2, 241 ' 2,131
' 2, 065 ' 2, 751
' 399
' 379
' 2, 286 ' 2 352
' 7, 363 ' 7,' 146
' 1, 620 ' 1, 573
5, 573
5, 743
6,200
11, 250
6, 600
6,100
20, 700
6, 350
10,625
6, 350
7, 025
20, 035
6,350 j
9,900 :
6,850 I
6,950 i
19,700 |
6, 550
9,360
6, 420
7,270
19, 060
7,000
8,900 !
6,450 I
7,400 I
18,400 I
9,350
9,375
7, 450
8, 750
17, 350
10,725 I
10,800 |
8, 175 1
9,350 ;
16,600 I
9,900 ! 6,450
8,700
11,150 [ 11,600 I 11,150
7,500 ' 9,200 ; 7,100
8,400
9,600 i 7, 000
16,000
16,200
15,850
42, 338
66, 205
33, 435
33, 312
81,012
39, 658
68, 068
35, 266
37. 696
78, 471
34,438 '
61, 242
41,190
41,264
79, 397
45, 935
61, 461
43, 865
45, 716
75,139
33, 357
52,512
38,015
43,127
70, 027
49, 587
59,380
41,658 i
44,412 j
65,317 !
65,836 !
72,557 |
46, 148 I
52,655 j
57,879 !
51, 344
73, 818
46,916
50,083
52, 712
1,508
2, 671
'427
' 2, 245
' 2, 947
' 453
' 2, 495
' 6, 9D4
' 1,548
5, 350
10,085
53, 023
71, 548
2, 342
388
1 , 954
2, 569
r 422
r 9
147
r
6^685
1,514
^,171
r
47,571 ' 31, 588
68, 765
55, 519
51, 938
48,413
52,624
44, 642
51,426
55,197
2, 227
'357
' 1,870
' 2, 405
'383
' 2, 0?2
6. f)K2
1, 4S7
5, oor.
2,298
359
1,93',)
2, 479
393
2, 086
6, 384
1,453
4, 931
750 I 8,075
100 I 10, 950
600 | 8, 550
600
7, 275
19, 300
500
942
695
254
664
788
j
I
j
!
|
35, 903
44, 681
46, 656
37, 941
71,503
SOFTWOODS
onglas fir:
285
27,896
29, 078 ! 38, 014 j 37, 625 j 26, 888 I 32,170 30,752 I 14,
Exports, total sawmill products!.--M bd. ft.-I 24,347
25,704
31,103! 33,243! 45,288
12, 620
10,180 ! 10, 771 | 9, 595 I 9, 385 j
9,130 8,390 ! 4, 157
Sawed timber§
.
do
I 6,555
8,424
11,849 j 13, 603 j 21,375
22,362 10, 128
15, 276
18,898 ! 27,243 j 28,030 ' 17,503 j 23,040
Boards, planks, scantlings, etc.§
do
j 17,792
17,280
19, 254 i 19, 640 I 23,913
Prices, wholesale:
Dimension, No. 1, common*
25. 970
dol. per M bd. ft.. 24.990
22.295
22.050 | 22.050 | 21.928
21. 560 j 21. 658 j 22. 908 ! 24. 500 I 24. 500 24.990 j 25.970
Flooring, " B " and better, F. G., 1 x 4, R. L.*
36.260
36.260
dol. per M bd. ft.. 35.280
28.910 ! 28.420' 27.440 ! 27.195 1 26.460 i 26.656 I 29.645 I 33.320 ! 33.320 ! 34.300
r
Revised.
i Data not available.
JData for 1940 revised to include fieshers and exclude skivers,
*N"ew scries. These prices replace series shown in the 1940 Supplement and monthly issues through February 1941; data beginning 1922 will be shown in a subsequent
issue.
§Data for 1939 revised; see table 14, p. 17 of this issue.
tRevised data for 1939 and January 1940 will be shown in a subsequent issue.
figures for February-December 1940 are shown on p. 4 of the Weekly Supplement for April 3; 1940 figures shown above are unrevised data.
^Revised
j
I
I
|
48
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
April 11)41
1940
February
March
April
July
May
1941
August
September
i Novem-1 DecemOctober
ber I ber
January
LUMBER AND M AN UF AC TUBES—Continued
SOFTWOODS—Continued
Southern Pine:
Exports, total sawmill products._.M bd. ft._.
Sawed timber
do
Boards, planks, scantlings, etc
do
Orders, newt
mil. bd. ft-Orders, unfilled, end of month
do
Price, wholesale, flooring., dol. per M . bd. ft__
Productionj
.
mil. bd. ft-_
Shipmentsf
_ _ _ do
Stocks, end of month
do
Western Pine:
Orders, newf
do
Orders, unfilled, end of montht
do
Price, wholesale, Ponderosa pine, 1 x 8 , No. 2,
common (f. o. b. mills).-dol. per M. bd. ft..
Productionf
mil. bd. ft_.
Shipmentst
do
Stocks, end of month
do
West Coast Woods:
Orders, newf
do
Orders, unfilled, end of month
do
Production f
do
Shipments!
-do
Stocks, end of month
do
Redwood, California:
Orders, new
M bd. f t _ .
Orders, unfilled, end of month
do
Production
do
Shipments
do
Stocks, end of month
do
FURNITURE
All districts:
Plant operations
percent of normal..
Grand Rapids district:
Orders:
Canceled
percent of new orders
New
no of days' production
Unfilled, end of month
do^
Plant operations
percent of normal, „
Shipments^
no. of days' production^.
Prices, wholesale:
Beds, wooden
1926=100...
Dining-room chairs, set of 6
do
Kitchen cabinets
do
Living-room davenports .
do
Steel furniture (see Iron and Steel Section).
25. 928
4,866
21,062
688
324
41 783
675
712
1,991
8,991
750
8,241
674
542
49,943
676
643
1, 539
14, 747
4, 518
10, 229
516
357
41. 798
558
493
2,014
12, 838
2,697
10, 111
587
331
41.873
636
613
2,037
18,348
5,838
12, 510
677
348
41. 662
651.
660
2,028
380
400
33. 47
300
282
354
285
400
287
28. 86
212
297
1,744
29.30
279
351
1,672
29.09
389
397
1, 664
2902
522
441
1, 745
' 636
517
' 645
' 641
981
r 60<)
425
r
628
' 700
926
265
374
1, 551
28, 209
4, 341
23, 868
623
350
40.865
602
597
1,996
27, 689
3, 597
24, 092
799
440
41. 536
625
709
1,912
15,990
948
15,042
948
570
43. 045
720
818
1, 814
22, 224
2, 368
19,856
905
603
46. 010
739
872
1,681
10,964
989
9,975
949
600
48. 676
827
952
1,556
550
50. 585
734
813
1,477
495
326
653
442
629
532
546
486
28.01
570
469
1,962
28.17
618
537
2,043
29.71
549
539
2,051
31.73
544
592
1,997
33.04
' 605
383
' 614
' 675
920
' 742
510
rr
)79
'627
900
r 329
623
r
690
'702
892
' 741
' 611
r
710
865
'720
681
r
659
r
690
860
'656
726
' 614
'606
867
11,293
1, 868
9, 425
640
498
50. 868
718
692
1, 503
11,691
1,747
9, 944
773
511
.50.750
763
760
1,506
397
380
425
394
441
28. 49
541
425
:.,861
457
304 |
421
300
660
701
669
634
889
513
' 558
961
' 622
520
' 611
' 605
976
343
415
700
738
276
21,544
26,416
29,105
21, 957
301, 176
29,704
32, 472
28,727
27, 237
299,227
31,450
31,371
31,207
31. 562
298,317
29, 263
26, 555
31.310
33.391
29,500
27,468
26, 293
28.016
92, 640
27,586
25,901
28,477
29, 365
289, 079
35, 963
32,173
30,156
31, 290
283, 907
32, 836
35, 545
31, 533
29, 024
286, 622
47, 674
42, 855
36, 059
38,245
282, 098
03. 0
62.0
62.0
63.0
60.0
65.0
71.0
8.0
16
30
65.0
16
29,
48,
33,
32,
267,
11,581
1,215
10, 366
763
6.0
15
25
58.0
16
10.0
15
23
61.0
14
7.0
14
22
62.0
14
4.0
14
25
52.0
12
3.0
23
32
57.0
15
3.0
24
38
64.0
18
77.9
102. 3
88. 1
87. 2
77.9
102.3
88. 1
87.2
77.9 | 77.9
102.3 ! 102.3
88.1
88. 1
87.2
87.2
T7.9
l')2. 3
88. 1
87. 2
77.9
102. 3
88.1
87.2
77.9
102.3
88.1
87.2
647
433
414
494
1, 917
33. 58
344
446
1,812 |
33 99
262
411
1, 663
' 642 |
693
666
676
675
681
855
r
36,581
42, 849
31,468
36,318
275, 402
677
851 I
40,469 j
51,877 j
?9, 761 j
31,476 I
270, 158 |
33,131
52,859
35,279
31,455
269.421
76.0
77.0
74.0 !
70.0
4.0
28
43
69.0
21
3.0
29
46
75.0
25
5.0
21
40
74.0
23
8.0
17
33
75.0
20 !
3.0
28
42
72.0
20
77.9
102.3
88.1
87.2
77.9
102.3
88.1
87.2
77.9
102.3
88.1
87.2
77.9 j
102. 3
88.1
87. 2
83. 5
100.9
89. 4
936,047 1,034,938 1,402,075 1,221,052 1,105,510
318,369 327,129 355, 991 255, 608 258, 926
5, 505
2, 508
3, 542
2,105
3,966
1
152
56
242
16
788,176
74,349
805, 158
69, 980
4,064
48
698, 853
45,055
423
17
I
83.5
100.9
89.4
87. 2
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Exports (domestic), total
longtons-Scrap
do
Imports, total
do
Scrap
do
Price, wholesale, iron and steel, composite
dol. per long ton.
Ore
Iron ore:
Lake Superior district:
Consumption by furnaces
thous. of long tonsShipments from upper lake ports
_L
CD
Stocks, end of m o n t h , total
A t furnaces
On L a k e E r i e docks
do
do
do
Imports, total
do
Manganese ore, imports (manganese content)§
thous. of long tons -
671, 301
234,
6,740
•73
663, 980
206, 928
5, 096
29
612, 906
221, 152
6, 674
482
783, 964
312, 483
759
33
36. 97
30. 83
36. 69
37 .33
5, 673
0
24, 195
21, 100
3, 096
178
4,242
0
25, 967
22, 087
3, 880
237
4,088
0
21,862 I
18,412
3,450
167
31
43
4, 566
71
245
19, 603
16, 717
2j 886
175
42
63
37.69 |
5, 213
9,487
23, 516
20, 428
3, 088
162
51
37.63
37.70
37.92
38. 07
38.08
38.30
38.38
5, 524
10, 383
28, 244
24, 608
3, 636
249
5,701
10, 480
32,935
28, 708
4,227
194
5,672
9,935
37, 090
32, 432
4,658
164
6, 051
10, 009
41,125
36, 280
4,846
265
5,973
5,341
41,712
36, 925
4,787
229
6, 173
9
36.073
31. 792
4, 281
174
6, 331
0
20, 794
26,167
3, 627
155
49
40
61
59
45
39
Pig Iron and Iron Manufactures
Castings, malleable:
Orders, new
short t o n s , . 75, 840
63, 138
Production
do
78.5
P e r c e n t of capacity
Shipments
short tons - . 62,115
Pig iron:
Furnaces in blast, end of m o n t h :
Capacityf
short tons per d a y _ . 148, 655
Number
202
Prices, wholesale:
Basic (valley furnace)
dol. per long t o n . .
23. 50
T
Composite
do
23. 95
F o u n d r y , N o . 2, n o r t h e r n (Pitts)
do
25. 89
Productionf
t h o u s . of short t o n s . .
4, 198
Boilers and radiators, cast-iron:
Boilers, r o u n d :
1,920
Production
t h o u s . of l b - .
1,222
Shipments
do
12, 391
Stocks, end of m o n t h
do
Boilers, s q u a r e :
22, 579
Production
do
13.086
Shipments
do
99, 040
Stocks, end of m o n t h
do
34, 901
42,163
51.7
43, 935
35,730 I 35,290
39,881 ! 40,529
48. 7 !
50.1
42, 975
41, 975
35, 563
37,511
45.2
40, 919
106,040 I 104,675 106, 395
157
157 !
152 |
119,905
172
22. 50
23. 15
24.89
3,311
22.50
23. 15
24.89
3,270
1, 648
1, 207
11,935
1, 602
1, 079
12,454
20,616 j 18,790
11,214 | 9,253
88, 593 ! 98,121
64, 612
57, 717
71.2
56,321
66, 665 ! 81,089
60, 155 <! 68, 742
74. 2 |
83. 6
60,127 I 65, 884
45, 025
38, 872
46.7
34, 226
52, 994
48, 926
58.8
43, 216
53, 079
49, 804
61.4
45, 943
71, 129
62. 293
75.0
131,360 I 131, 760
187
182 I
137, 500
190
140, 620
193
144,290
196
22.50
23.15
24.89
4, 054
22.50
23.15
24.89
4,238
22.50
23.15
24.89
4,177
22.50
23.15
24.89
4.446
22.50
23.15
24. 89
4,403
2,292 ! 2.754
1. 697
1, 449
1,177 i
1,334 1,613 1,698
13,565 ! 14,923
15,009 | 13,477
1,848
2, 732
13, 873
2,371
3,851
12, 513
3,598
5,145
10. 750
2,416
2,451
10,622 |
1,934 :
1,884 I
11,021 |
17,900 I 20,922 ! 18,698 I 17,352
26,185
10,933 | 12.024 | 14,7 76
22,916
31,100
105,043 i 114,032 I 117, i- 75 112,369 107, 267
26, 340
40, 342
93, 029
32, 701
43, 767
82, 205
23, 788
26, 059
80, 064
18,964 j 23,443
18.547 i 14,437
80,561 I 89,300
22.50
23. 15
24.89
3,137
22. 50
23. 15
24.89
3,514
36, 503
34, 700
42.7
33, 323
22.50
23. 15
24. 89
3, 819
61,161
148,000 I 146,770 I 152,040
205
201 I
202 |
22.90
23.15
25. 29
4, 548
I 23. ,50
! ••23.95
:
2c. 89
i 4, 064
!
2,071
1,608
11,687
f Revised series. Data on pig iron converted from a long to a short tonnage basis; data for production beginning 1913 are shown in table 38, p. 14 of the October 1940 issue.
Revisions for 1939 and January 1940 for southern pine, western pine, and west coast woods, and also levisions for 1938 for the latter group, will appear in a subsequent issue.
§Data for 1939 revised; see table 15, p. 18 of this issue.
April 1941
49
SURVEY OF CURKENT BUSINESS
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the February
1940 Supplement to the Survey
1940
February
March
April
May
June
July
1941
August
SepNovem- Decemtember October
ber
ber
January
METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Pig Iron and Iron Manufacturers—Con.
Boilers and radiators, cast-iron—Continued
Radiators, ordinary type:
Production., thous. of sq. ft. heating surface..
Shipments
do
Stocks, end of month
do
Boilers, range, galvanized:
Orders, new, net
number of boilers._
Orders, unfilled, end of month
do
Production
do
Shipments
do
Stocks, end of month
do
5, 530
3, 135
24, 222
5,701
3,195
26, 829
5,670
3, 626
28, 896
6, 579
4, 539
30, 971
5,697
4,670
31,913
4,817
6,486
30,108
7,147
8,193
29,168
6, 415
9,436
26, 087
8,454
11, 769
22, 805
55, 026
24, 532
66, 039
66,580
36, 253
55, 339
19,161
59, 319
60, 710
34, 862
51, 062
18, 507
51, 012
51, 716
34,158
72, 725
23, 048
68, 816
68,184
34, 790
75, 427
31,158
70, 452
67,317
37, 925
85,139
38,194
77, 879
78,103
37, 701
64, 831
27, 315
76,467
75, 710
38, 458
73, 821
32,119
68, 522
69, 017
37, 963
40, 913
35.0
10, 472
67,454
57.6
28, 506
36, 612
31.3
7,182
58, 404
49.9
22, 847
41, 353
35.3
8,849
52, 078
44.5
17, 017
50, 346
43.0
12, 967
50. 034
42.8
15,137
59, 661
51.0
20, 764
50, 651
42.5
14,483
67, 035
57.3
20,770
57, 763
49.4
17, 993
71, 734
61.3
26, 873
66, 355
56.7
21, 292
4,527
70
4, 390
63
4,101
61
4,967
5,660
5, 727
83
6,187
72
85
52, 999
57, 791
43, 654
44, 474
8,042
8,952
22,103
6, 245
6, 537
21,831
7,244
5, 839
23, 461
106, 716
42, 094
97, 266
96, 741
38, 488
75,
35,
80,
82,
36,
70, 989
38, 795
72, 245
67, 414
41,447
89, 748
45,615
80, 705
82, 928
39, 224
83, 545
71.4
28, 018
64,122
54.8
21,152
112, 327
96.0
49, 349
83, 938
71.7
31, 811
94, 929
81. 1
27, 718
81,192
69.4
32, 066
115,343
98.6
45,154
85,810 |
73.3
33, 932
110,579
94.5
34.887
94;409
80.7
35, 397
6,057
91
6,644
96
6,470
97
6, 494
94
6.943
97
34. 00
.0210
20.00
369
220
371
243
616
Steel, Crude and Semimanufactured
Castings, steel:
Orders, new, total
short tons__
Percent of capacity
Railway specialties
short tons..
Production, total
do
Percent of capacity
Railway specialties
short tons,. _
Steel ingots and steel for castings: t
Production
thous. of short tons_.
Percent of capacity
Bars, steel, cold-finished, carbon, shipments
short tons-Prices, wholesale:
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 long ton .
U. S. Steel Corp., shipments of rolled and_
finished steel products}:.-thous. of short tons_.
6, 250
97
46, 277
34.00
.0210
19. 25
45, 405
44, 621
.0265
.0265
.0262
34.00
.0210
15.75
34.00
. 0210
15. 69
34.00
.0210
15.33
1,009
.0265
. 0265
34, 00
. 0210
16. 88
908
1,084
.0265
.0265
34.00
.0210
17.35
34.00
.0210
18.03
34.00
.0210
19.22
34.00
.0210
19.75
34.00
.0210
20.06
34.00
.0210
20. 00
1,297
.0265
34.00
.0210
18.19
1,456 |
1,393
1,572
1,425
1, 545
700
431
1, 305 I 1,520 |
75.1 !
87.4 !
1,298
1,534 i
54
40 '
402
1, 457
78.9
1, 455
42
486
1,452
77.8
1,442
52
369
1,454
76.7
1,444
63
.0265
. 0265
Steel, Manufactured Products
Barrels arid drums, steel, heavy types:
Orders, unfilled, end of month. _ .thousands..
Production
do
Percent of capacity
Shipments
thousands..
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..
Orders, unfilled, end of month
do
Shipments
do
Shelving:
Orders, new
do
Orders, unfilled, end of month
do
Shipments
do
Plumbing and heating equipment (8 items),
wholesale price
dollars. Porcelain enameled products, shipments!
thous. of doL.
Spring washers, shipments*
do
Steel products, production for sale:t
Total
thous. of short tons..
Merchant bars
do
Pipe and tube
do
Plates
do
Rails
do
Sheets, total
do
Percent of capacity
Strip:
Cold rolled
thous. of short tons_Hot rolled
do
Structural shapes, heavy
do
Tin plate
do
Wire and wire products
do
Track wTork, shipments
short tons__
335
803
46.2
809
36
243
852
49.0
854
34
235
951
54.7
949
37
292
930
53.5
916
51
377
1,098
63.1
1,102
47
350
1,081
62.2
1,075
53
55.1
964 !
47 I
850
558
411
761
526
878
630
1,066
809
1, 761
1,007
1,680
1,214
1,275 |
1,098
3,726
1,557
1,708
1,221
1,722
1,026
1 563
835
2, 210
994
3,852
4,102
3, 368
2,200
1,286
2,264
2,097
958
2,424
2,219
1,169
2,008
2,119
1,186
2,102
2,236
1,262
2,160
2,373
1,385
2,249
2,240
1,286
2,339
2,601
1,495
2,392
3,323
1,728
3,090
3, 336
2,181
2,884
4, 357
2, 983
3, 583
3, 787
3,618
3,152
940
829
890
481
444
479
475
368
552
494
363
499
594
447
510
547
472
522
602
497
577
541
493
545
639
498
634
797
599
696
718
652
665
844
658
790
924
779
804
234. 38
236. 57
236. 86
236. 78
236. 75
236. 75
237. 28
237.14
237.27
237. 31
237.31
3,309
173
3,413
188
3,620
170
3,594
173
3,159
158
3,413
174
3,925 I
195
4,050
196
4,895
229
4,030
233
4, 256
248
4, 496
281
i 9, 886
i 959
i 846
1870
i 527
i 2, 324
i 71.8
2,814
236
256
245
165
580
54.3
3,287
266
295
281
146
716
65.9
3, 550
326
325
317
131
749
71.2
3,964
367
357
359
128
812
73.9
4,415
455
347
385
130
915
82.3
4,213
423
371
919
86.3
4,670
475
401
430
79
1,069
96.8
4,480
444
377
430
114
1,047
97.4
4, 619
437
384
443
131
1,050
95.1
4, 863
519
409
431
156
1,122
101.0
i 177
i 309
i 537
1
699
i 793
8,446
52
77
7
174
235
236
7,654
45
99
210
248
274
7,276
56
104
234
244
300
6,075
60
104
286
239
328
6,063
72
110
331
244
353
6,480
70
121
311
193
339
5,496
86
147
362
189
382
5,505
83
138
374
200
350
5,733
89
139
331
203
374
7, 151
95
153
363
209
409
6.835
33,449
86, 978
27(5
1, 035
54. 6
1,046
52
1,544
4, 393
303
7,973
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
Imports, bauxite
long t o n s . .
Price, wholesale, scrap, castings ( N . Y.)
dpi. per lb._
Bearing metal (white-base antifriction), consumption and shipments, total..thous. of l b . .
Consumed in own plants
do
Shipments
do
Copper:
Exports, refined and manufactures §
short tons_.
Imports, total §
do
For smelting, refining and export §_._do
Product of Cuba and Philippine Islands §
short t o n s . .
All other §_
do
62, 051
43,110
44,923
45,117
56,789
46,850
53,357
50,158
97, 668
. 0863
.0865
.0860
.0902
.0838
.0855
.0894
.0904
.0970
.1039
1,664
475
1.188
1,923
363
1,561
1,966
505
1,400
2,238
620
1,619 I
2,348
2,118 2,691
560 i 643
876
1,472 1,558 j 2,048
2,373
622
1,751
2, 296
614
1, 682
2, 560
507
2,053
39,273 I 25,494
22,554
30,550
22, 485
28,134
35, 422
28, 532
27, 953
36, 236
23,041
14,335
15,658
38,829 I 17,903
40,710 I 43,044
32,790
27,498
24,610
20,507
13,395
25, 945
12,648
22, 382
27, 357
19,120
54,651 i 53,024
. 1397
.0925
.0913
2, 667
529
2,138
1,749
429
1,321
1,955
514
1,442
18, 095
23, 684
6, 693
40,745
30,538
28,698
38, 512
22,635
17,969
62,393
35,159
26,446
50
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
April 1941
1941
February
March
April
May
June
July
August
September
Novem- Decem- JanuOctober
ber
ber
arv
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS—Continued
Metals—Continued
Copper—Continued.
Price, wholesale, electrolytic (N. Y.)
dol. per lb_Production:
Mine or smelter (including custom intake)
short tons.Refinery
do
Deliveries, refined, total..
do
Domestic.
do
Export
do
Stocks, refined, end of month
do
Lead:
Imports, total, except manufactures (lead
content)
short tons. Ore:
Receipts, lead content of domestic ore.-do
Shipments, Joplin district^
do
Refined:
Price, wholesale, pig, desilverized (N. Y.)
dol. per lb-Production from domestic ore..short tons..
Shipments (reported)
do
Stocks, end of month
do j
Tin:
Consumption of primary tin in manufac- !
tures
long tons. _
Deliveries (includes reexports)
do
Imports, bars, blocks, etc. §
_
do
Price, wholesale, Straits (N. Y.)_.dol. per lb_.
Visible supply, world, end of mo.-long tons..
United States (excluding afloat)
do-..ZincOre, Joplin district: ^
Shipments
short tons..
Stocks, end of month
do
Price, wholesale, prime, western (St. Louis)
dol. per lb._
Production, slab, at primary smelters:
short tons__
Retorts in operation, end of mo
number..
Shipments, total
short tons..
Stocks, refinery, end of month
do
0. 1179
79, 093
93, 654
112,819
112,808
11
97, 689
0.1108
0. 1115 ! 0. 1116 ! 0.1109
76,145
82, 761
72, 809
63, 215
9,594
145, 393
85, 796
86, 295
71, 893
64, 376
7,517
159, 795
84, 366
80, 964
71, 639
68, 665
2,974
169,120
82, 682
86, 029
76, 485
69, 467
7,018
178, 664
0. 1113
0.1130
0.1056
79, 845
79, 327
86, 077 90, 995
65, 155
74, 758
61, 716
71, 226
3, 439
3, 532
199,586 215,823
79, 967
80, 851
97, 719
96, 383
1,336
198,955
0.1183
0.1180 I 0. 1180
238
843
485
485
86, 911
83, 076
103,771
103, 771
84,
96,
102,
102,
185,313
164, 618
158,418
78,
82,
96,
96,
283
283
483
483
0. 1182
85,135 r 83, 280
97, 035 ' 93, 840
112, 681 119, 758
112,671 119,736
10
22
142, 772 116,854
14, 321
2, 958
4,787
2, 866
7,404
4,723
16,581
10, 230
10, 739
27, 739
19, 084
19, 205
19, 707
3,915
35,937
3,110
37, 949
3, 892
37, 963
3, 705
40, 196
4,474
36, 957
3, 538
36, 988
4,393
37, 759
2,878
35,910
3,688
38, 641
4,485
36, 400
3,446
38, 847
4,079
38, 433
4,652
. 0560
47, 764
54, 859
46, 604
. 0508
40, 564
39,176
72, 658
.0519
44,783
46, 353
74, 692
.0571
31, 192
46, 496
63, 610
.0502
37,918
46,919
62, 955
. 0500
34,041
49, 904
55, 343
.0500
35, 343
52, 560
47, 360
.0485
36, 851
51, 643
43, 321
.0493
41, 528
53, 456
41, 292
.0531
39, 228
62, 496
35, 386
.0573
45, 089
57, 510
35, 791
.0550
47, 208
56, 755
40, 926
.0550
54, 658
55, 711
47, 248
12,195
9,836
.5140
44,107
7,489
5, 610
6, 600
6,499
. 4594
33,148
2, 078
5,540
9,244
10, 334
.4709
32, 339
2,635
5,900
7,855
7,886
. 4682
32,149
2,964
6, 360
7,905
7,982
.5148
30,562
3, 677
6, 420
9,225
11,611
' 5454
.
31, 869
5, 300
6,370
7,325
9,185
.5159
38, 736
6,567
6,650
12, 470
12,926
.5118
38, 040
6,583
5,800
11,410
14, 604
.5032
39,450
9,438
6,230
11,820
10,116
.5149
40, 631
6,623
6,220
12, 505
10, 327
.5056
40, 046
4,362
6,210
9,358
14,504
.5011
44,678
9,179
28, 026
3, 551
29, 393
4,798
31, 424
5,454
41,183
5,851
33,530
9, 201
44, 323
7,098
35,116
8,842
34, 250
10, 452
43, 269
11,553
29, 538
17, 045
40,975 ! 42,163
3,900 j 5, 597
. 0575
.0575
.0580
.0624
.0625
.0639
.0692
.0725
.0725
33,296
7, 091
, 0553
.
.0725
55, 414
59, 688
59, 220
4,962
I
|
!
i
!
i
.0725
6,590
12, 760
12, 055
. 5016
44,719
9,442
.0725
59, 883
59,156
55, 288 ' 58, 000
65, 385
63, 272
12, 884
8,768
53, 387
47,188
51, 050
Q5, 869
56, 1S4
49, 744
49, 909
72,144
53,
49,
46,
78,
055
805
803
396
51,457
48, 989
57, 224
72, 629
18, 213
16, 577
53, 935
•36, 907
52,
47,
57,
61,
098
545
606
399
51,010
50, 715
64,065
48,344
52, 869
53,164
67, 650
33, 563
56, 372
53, 979
65,713
24, 222
56, 459
55, 288
62, 295
18, 386
5, 799
17,500
.183
6, 134
14, 018
.183
6,735
14, 034
.183
7, 056
21,475
.183
7,181
22, 287
.185
6, 898
21, 695
.186
8,076
17, 823
.183
8,706
31, 365
.187
10.093
34, 221
.192
12, 429
10,232 | 10,567
35,139
32,017 I 29,452
. 195
. 192 I
. 193
363
1,216
476
627
350
1,073
489
621
541
1, 041
496
716
606
1,124
516
693
469
1,099
489
709
521
1,033
536
694
435
1, 039
423
751
570
1, 094
516
793
Miscellaneous Products
Brass and bronze (ingots and billets):
Deliveries
short tons..
Orders, unfilled, end of month
do
38, 253
Sheets, brass, wholesale price, mill__dol. per lb._
. 195
Wire cloth (brass, bronze, and alloy):
Orders, new
thous. of sq. ft..
703
Orders, unfilled, end of month
do
1,317
Shipments
do
484
Stocks, end of month
do I
696
382 |
1,005
445
695 I
456
1, 066
482
804
433 '
978 !
518 :
763
704
1,105
572
680
MACHINERY AND APPARATUS
Air-conditioning (circulating, cooling, heating,
and purifying) equipment, new orders:f
Air-conditioning systems and equipment
for summer and year-round use
1,411
2,675
thous. of dol..
1, 545
0)
0) ! 0)
0)
0)
0)
0)
0)
0)
Blowers and fans
do
3. 261
i 6,698
5, 836
4, 910
2, 013
Unit heaters
do
.."
I 6,086
3,845
2. 346
Warm-air furnaces, winter air-conditioning
4,205 j.
14,668
I
! 15,168
systems, and equipment
thous. of doL.J
Electric overhead cranes:
i
4,172
2, 640
1. 497
1,657
250
534
467 I
520
761
798
Orders, new
do j 2, 291
499
957
8, 563
10, 174
5,087
4, 109
1,683 ! 1,640 1,769
3,271
1, 743
Orders, unfilled, end of month
do
| 11,034
2, 196
2, 430
2,744
'825
1, 030
615
629
594 j
515
391
282
679
264
Shipments
do I 1,102
334
643
Exports, machinery. (See Foreign trade.)
I
Foundry equipments
1
285. 3
254.2 I 2o7. 8
183.2 !
145.2 129.1
164. 9
264. 0
165.4
161. o
135. /
194.4
New orders, net, total
1937-39= 100._| 281.1
301.8
278.8 !
284.8
276. 1
295. 9
127. 5
162 0
174.2
167.2
209. 8
New equipment
do
235. 8
188.7 ! 203.2
201.8
236. 6
133. 9
158 6
138. 3
147. 8
Repairs
do
160.0
Fuel equipment:
j
Oil burners:
i
17, 016
22.705
18,513
41,029
18,154
41,895
11,239 I 12,583 | 15,889
19, 672
32, 772
Orders, new, net
number.! 16,328
23.008
8.043
7, 562
10,353
9, 056
4, 700
4, 37.
8, 607
2, 880
5, 985
Orders, unfilled, end of month
do ! 10, 590
6, 974
8, 202
16,535
24,199
16, 203
17, 829
40, 580
41,490
14,394
11,522 j 12,770
Shipments
do j 16,091
18,387
22,019
31, 544
16,860
18,027
IS, 415
19. 239
19,617
18, 060
16, 656
Stocks, end of month
do J 19,941
15,672
10,755
23, 400
19, 367
22, 870
44
48
36
54
56
30
Pulverizers, orders, new
do j
33
20
47
38
Mechanical stokers, sales:
j
25,180 j 10, 596
6,103
5. 330
4,312
Classes 1, 2, and 3
do j 5, 408
3:, 654
6,490
8,256
9,837
30, 951
16,565
23,117
Classes 4 and 5:
I
254
171
410 I
219
177
Number
j
149
111
125 | 161
386
218
275 | 352
51,671
56,011
45, 487
Horsepower
j 42,510
28.591
29,677 j 42,332
80, 837 80, 4 24
30,177
33, 508
58,426
58,411
95.4
96.8
97.8
96.8
Machine tool activity!
percent of capacity. J .
92.9
93.4 ! 92.5
94.9
93. 4
92. 3
88.3 I 93.3
Pumps and water systems, domestic shipments: I
Pitcher, other hand, and windmill pumps
32,634 I 30,134
20,813
44, 332
units.. 41. 504 38, 540 37,977 '• 33,236 ; 35,245 41,419
33, 637
38, 476
38, 409
874
906
969
' 887
849
1,214 ;
829 • 804
Power pumps, horizontal type
do
662
905
247
9'?S
853
15, 477
18,688
19, 666
11,511
16, 703
Water systems, including pumps._
do
16,000 j 20,971 | 22,099
14, 718
18, 657
2\ 415
19,113 ! 21,503
Pumps, steam, power, centrifugal, and rotary:
3,025
4,042 i
2,952 !
5,648
Orders, new
thous. of dol._
4,482
1,147
1,457 ' 1,178 I
1,809 I, 963
2,878
2,437 ' 2,556
r
Revised.
^Data for May, July, and October 1940 and January 1941 are for 5 weeks; other months, 4 weeks.
* Reports indefinitely suspended.
f Revised series. Data on air-conditioning equipment compiled on a revised basis beginning January 1939; see p. 50 of the September 1940 Survey. Index of total foundry
equipment net new orders beginning January 1940 is based on average sales to metal-working industries during 1937-39; earlier data are based on the old new orders index (192224 base) converted to the new base by dividing by 1.328; index for new equipment and repairs available only beginning May 1940.
§Data revised for 1939; see table 15, p. 18 of this issue.
JThis series has been discontinued by the reporting agency.
51
SURVEY OF CURRENT BUSINESS
April
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
1940
March | April
May
July
June
1941
August
September
October Novem- December
ber
January
METALS AND MANUFACTURES—Continued
ELECTRICAL EQUIPMENT
Battery shipments (automotive replacement
only):
Unadjusted
.
1934-36=100.Ad justed
do
Domestic appliances, sales billed:
Combined index, excluding refrigerators:*
Unadjusted index
1936 = 100..
Adjusted index
do
20, 492
Ironers, household
units_ _
51, 790
Ranges*
do
1
358,335
"Refrigerators
do
129,302
Vacuum cleaners, floor type
do
34, 696
Vacuum cleaners, hand type
do
155,546
Washers, household
do
Electrical products:
Industrial materials, sales billed
1936 = 100..
Motors and generators, new orders
do
Transmission and distribution equipment,
new orders
1936=100..
Furnaces, electric, industrial, sales:
Unit
kilowatts - - 21, 508
1, 719
Value
thous. of dol. _,
Electrical goods, new orders (quarterly)
|
thous. of dol-.
2, 330
Laminated products, shipments
...do
Motors (1-200 hp.):
Polyphase induction, billingst
...-do
Polyphase induction, new ordersX
do
|
Direct current, billings
do
|
Direct current, new orders
do
Power cable, paper insulated, shipments:
1,284
Unit
.
thous. of ft. .
1,457
Value
thous. of dol.. i
Vulcanized fibre:
j
3, 012
Consumption of fibre paper
thous. of 1b. „
Shipments
thous. of doL.
838
101
159 I
67
123
128.4
143. 8
109. 0
137.6 I
10,183
12, 048
32, 998
39,643
280, 980 298,238
116.606 147, 120
28, 324
31,009
142,318 149.730
110.4
97.9
73
132
91
133
134. 9
103.8
11,984
43, 308
339,693
139, 768
30, 441
135,179
140.3
114.5
10, 590
42, 983
385, 688
143,836
30.060
118,987
114.6
104 0
8. 571
33, 403
328, 950
120, 200
24, 037
112,134
112.8
107.1
112.7
117.2
107. 6
160. 9
113.7
115.9
130
135
207
133
208
123
112.2
101.8
102.5
112.2
104.3
104. 9
11, 464 i 13,848
21,007
29,626 i 29,128
32, 167
248,538 I 206,418 112,309
74,565 ! 87,820 I 108,564
20,045 I 23,047 I 30,359
116,422 i 147,878 1 149,002
122.3
130.2
23, 282
34,714
88,187
114,699
38, 270
168,527
91.1
128.6
18, 925
25, 248
79, 815
112,297
39, 376
100, 787
123.9
161. 3
147.7
254.3
160
142
198
142
148.2
223.9
113.8 i
155.0
139
126. 5
146. 6
102
128
144. 3
88.4
181.3
128. 5
23,191
20, 986
24,626
50,516
115,23.6 •376, 214
125, 037 117,408
36, 274
30,177
92, 474 133,411
164. 8
'262.0
187.4
220. 6
132.8
133. 8
127. 7
126.0 I
181.9 |
170.2 I 159.6
230.7
214.2
5,634
324
7,802
557
4, 697
314
4,905 I
407 !
5,381
476
5, 241
421
5,137
372
18, 847
1, 049
16,965
1,341
12,228 I
1,043 I
1,173
238, 846
1, 306
1,320
1,308
268,120
1, 325
'1,313
1,408
411, 595
1,454
1,718
1,812
I 514,816
2,023
2, 686
2,679
775
622
2,693
2,958
860
803
2, S57
3,013
815
692
3,126
3,039
830
946
3, 000
3,186
866
1,703
3, 083
3, 345
914
1,437
3,280
3, 536
915
1,240
3,207
3, 693
1, 008
1,371
3,703
4,731
1,212
2,674
3,524
4,628
1,297
2,209
4,358
6, 397
1,412
2,065
4,121
4, 635
1, 399
I, 862
561
641
564
720
628
813
728
902
758
836
757
998
1,253 J
1,463 j
1,154
1,163
891
1,110
586
739
998
1,167
1,083
1,172
2, 368
539
2, 556
537
2,205
554
1, 999
458
2,449
556
2,443 !
681
2,373
599
2,582
714
2, 742 j
716 !
2, 981
805
3,088
926
2,356 i
589 I
219.8
31,866
1,766 I
269.0
10, 516
924
2,123
PAPER AND PRINTING
WOOD PULP
Consumption and shipments: • §
Total, all grades
short tons..
Chemical:
Sulphate, total
do
Unbleached -.
do
Sulphite, total
do
Bleached
do
Soda
do
Ground wood
do
Exports, total, all grades*
do
Imports, total, all grades*
do
Chemical:
Sulphate, total*
do
Unbleached*
do._._
Sulphite, total*
do
Bleached*.
do
Un bleached*
do
G round wood^f
do
Product ion *
Tot il, all liiades
do
Ch( mu il
Mllpll itO. total
dO
I nhU ichod
do
Milphit. , tot »1 .
do
Iiliaclud
do
Sod!
do
Gzound\\'/od
do
Sto(k ^ i nd » month §
f
r
l oial. ill n' id(s
do
al
do
it", total
d
do
\ M
do
MllphH , total
do
lll.arlud
lo
Soda
do
Giounduood
or 100 lb
Pri<<\ s u l p h i t i , unbleached
dol
662,100
42, 900
682,000
717,300
775, 400
749,000
744, 600
751,000
693, 300
764, 600
747, 000
736, 700
780, 300
271, 500
233, 500
199,900
129, 000
38, 600
152, 200
27, 333
158, 827
279, 000
239,100
204, 700
127, 000
40, 900
157, 400
30.694
73, 915
287,900
245,900
222, 400
144, 500
41,800
165, 100
37,417
109, 986
320, 300
276,300
231,000
145, 100
50. 500
173, 800
57, 923
81, 345
315,700
265, 800
221, 800
140, 900
47, 900
163,500
40, 864
93,358
311,600
264, 800
230, 700
145,100
45, 100
157,100
64, 702
86, 426
318,700
270, 000
225, 400
139,900
42, 200
164, 700
60, 379
83,640
301, 800
252, 700
209, 900
129, 600
36.900
144,600
32, 256
65, 554
343, 300
288, 800
210, 000
128,800
42, 600
168,700
39, 359
68,112
331, 800
281, 200
216, 600
130,100
37,900
160, 60 )
28, 693
70,549
322, 600
273,400
214, 200
128, 300
44,700
155, 300
36, 627
70, 686
341, 400
287, 200
223,100
131, 600
46. 800
169,000
23, 501
72,493
10, 869
6,515
43, 509
25,112
18,397
12, 903
12, 521
7,872
46, 423
27, 399
19,024
10,7ir)
14, 438
8,414
44, 520
23, 603
20, 917
11,030
15, 671
10, 465
45, 907
25, 859
20,048
10, 199
47,197
38, 750
96,109
33, 610
62, 499
11, 723
21,030 I
13,408 !
44,172 I
22.836 !
21,336 !
1 '
30, 856
24,889
65, 035
34, 068
30, 967
13, 103
11,815
6, 669
50, 045
26, 822
23, 223
IS, ti6 '
17,817
13,058
53,349
30, 294
23, 055
21 118
11,385
5,546
54, 882
27, 662
27, 220
17,920
12,036
55,318 !
31,376
23,942
9,5"»7
n, 218
I >[ ! 0 l
7">1 751 OS) 7 n
7^7 015
()')h 1 0 0
11,253
7, 062
40,188
21, 247
18, 941
13 187
7U
I
105 ' SO'1, IK)
7is, s n
<« M S
l i t , ,5 51
(0 f>, 1
lf>") 512
529 Of)") U R ' U S
510,31b
521 022 51l,(/>5
(
277, 0 M 2h\, N ) 510 117 J7 ) 97 5 2b(), ><)x I 292, (1S2
252, sO2 20S 2 5^ 22 5 )31
217'201 111 sil 12s 01 5 , lot), 70") ,
112 S02
14i.O7b
IS OS")
S Mf,
12 7 57
37,092
1! oni
(''<))
i
1 7 2 5 1 10, tS7 1 51 M 7 100, 2i 1
I'M 001
102 "»b7
isi 2'..".
1 17 SO0
It 2 )()')
170
111 T'IO
2 52 s!O
i s -,00
10 100
3 5s iO5 I 240 U',A
211, S ) t
210 20")
1U, "7',
I T ) 0 5>
<
') ii)()
0 i 700
01 (.00
(
- )
ISJ, •)('•»
' f 00
I ")()()
<). 0 0 0
1, 50ti
, 7 7 <> K
11 U)'»
M MOO
<7 000
W 1 )00
1
) )0
Si, 700
J
n
in ro-
l~)2 b O O
2 5,(K)O
(
L() 500
» 200
! > 000 71, 0(».)
>
*n 700
1") •>(>')
70 300
3 10
5 00 •
" 2 100
)
1 Ls «>()
15s s )()
M no
n, 100
2b
I)')
11
"
12,
50 ,5lk)
Si.500
12 ")()()
7 2M
^5 9 0 0
5 10
«»{)()
iOO
()()()
si') 1
10')
5 Jh
52 J, 792
52"), 5 51
5"it 471
27s ")s2
270 «)W I 29S, 192
2 1 8 , 1 0 5 , 207 102 22'), 1 ( H
122 >)1
I55,S',G
•s'sf)l
570
1"), 715
'7"), 902
166 _<M
174, 700
2()2 100
17! ")M»
52, 500
27 ()00
s i son
i s bt1()
s 200
1() 2D0
5 50
?") UK)
51 2' 1 )
0 I 200
3 1()
Is >00
12, 200
SO 100
17 200
7, S00
oh 000
5 40
PAPER
Total paper, incl. newsprint and paperboard:f
Production
short tons.. |
Paper, excl. newsprint and paperboard:f
i
Orders, new
short tons. _!
Production
do.
Shipments
do.
r
895,059 : 897,889 . 937,032 i 1,039,708 | 980,385 ! 958,374 I 979,631 j 867,691 :'1,003,971 j r949,442 ;* 908,471 | 98f), 545
369, 670
413,634
393,352 ;
398, 896
405, 824
397, 553
489, 923
433,189
421, 506
514,683
479,257
481, 801
471,457
454, 898
472, 531
398, 861
446. 234
418,043
390,325
440, 264
428, 306
379, 447
387, 255
386, 431
•
"•435,059 ! 424, 064 417,776
'442,610 ip 420, 810 120,005
r432, 521 r416, 419 ! 415,625
479, 935
459, 912
467, 577
Revised.
v Preliminary.
• Domestic pulp used in producing mills and shipments to market.
p Preliminary.
{Shown in 1940 Supplement and all earlier issues as A. C. motors.
f Data revised for 1939; see table 15, p. 18 of this issue.
tRevised series. For revised data on "total paper" and "paper, excluding newsprint and paperboard" beginning 1934, see table 43, pp. 12 and 13 of the November
issue
ssue.
*New series. Data beginning 1913 for wood pulp are shown on p. 13 of the October 1940 issue. For data beginning 1931 on unit sales of electric ranges, see table 52, p. 18
off the November 1940 issue; the note with regard to the coverage of the industry has been revised to read: The Association believes the coverage for 1936-40 was between 90
>
tnd 95 percent. No data are available for coverage prior to 1936. Earlier monthly data for the indexes of domestic appliances excluding refrigerators will be shown in a subsequent IOOUV.
lequent issue.
§Revised 1939 and January 1940 data and ah explanation of the above revisions in the 1940 data will be shown in a subsequent issue.
52
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
April 1941
1940
Febru-
March
April
May j June
July
1941
SepAugust j tember October Novem- Decem- | Januber
|
ber ; ary
PAPER AND PRINTING—Continued
PAPER—Continued
Book paper: cT1
Coated paper:
Orders, new
short tons..
Orders, unfilled, end of month
do
Production
do
Percent of standard capacity
Shipments.
short tons Stocks, end of month
do
Uncoated paper:
Orders, new
do
Orders, unfilled, end of month
do
Price, wholesale, " B " grade, English finish,
white, f. o. b. mill
dol. per 100 lb_.
Production
short tons Percent of standard capacity
Shipments
short tons..
Stocks, end of month
do
Fine paper: t
Orders, new
do
Orders, unfilled, end of month
do
Production
do
Shipments
do
Stocks, end of month
do
Wrapping paper: t
Orders, new
do
Orders, unfilled, end of month
do. _..
Production
do
Shipments
do....
Stocks, end of month
do
Newsprint:
Canada:
Exports
do
Production
do...
Shipments from mills
do___
Stocks, at mills, end of month
do....
United States:
Consumption by publishers
do._.
Imports
do.__
Price, rolls (N. Y.)
dol. per short ton.
Production
short tons.
Shipments from mills
do._.
Stocks, end of month:
At mills
do...
At publishers
do._.
In transit to publishers
do.._
Paperboard:
Consumption, waste paper
do.._
Orders, new
do...
Orders, unfilled, end of month
do.._
Production
do _. _
Percent of capacity
Waste paper stocks, at mills
short tons.
I
20, 107
8, 532
18, 949
73.4
19, 280
14, 622
15,105
4,084
14, 925
55. 5
15, 667
15, 966
14,594 | 19,231
3, 975
6, 624
14,101
17, 560
55. 3
64.6
15, 479
16, 693
13,949
15,076
113,640
61, 920
85, 546
41, 760
98,783
41,804
106, 471
48,031
123, 379
61, 758
6.30
104, 071
86.8
107, 359
61,373
5.95
100,090
83.1
95, 403
59,876 |
5.95
98, 186
79. 6
99, 065
58.483
101,422
82.8
100,687
58, 375
977
620
959
807
988
38,150
15,697
39. 756
39. 095
64, 730
48, 209
20,611
42, 260
41. 455
64. 913
52,921
26, 224
46, 065
47, 504
63, 797
49. 831
30,335
43. 489
45, 770
61, 901
131,901
65. 994
149, 600
142, 975
90,903
140,035
62, 586
148. 805
145,044
91,935
205, 323
111,026
159,001
155. 651
92. 309
197, 542
120, 953
178,472
188, 088
83,505 ;
187, 990
231, 823
211,322
196,762
205,
251,
235,
212,
655
279
304
737
263, 884
268, 947
267 134
214, 550
""50.00
79, 720
81, 241
216, 095
181,344
50.00
81, 455
79, 972
251,269
176, 887
50.00
85,143
86, 930
244,181
224,401
50.00
86,277
85, 412
16,917
284, 799
42, 163
17, 602
278, 306
38, 061
265, 066
367, 897
115,266
399, 970
70.8
241, 242
35,
15,
39,
37,
64,
20, 359
8,618
19,717
74.0
20, 695
15, 089
15,321
5,561
19, 487
69.7
19, 615
14, 927
14, 896
4,852
17, 333
59.7
17,038
15,331
13, 520
4,845
13, 672
57.5
13, 570
15, 024
18, 334
5, 108
18,163
62.5
19,431
14,158
15, 990
5,264
16, 045
58.0
16, 424
13,633
16, 968
6,174
17,726
65. 9
15. 967
15, 326
20, 546
6.772
19, 636
67.6
19, 943
14,971
119,300
66,165
90,251
54, 432
94,183
46, 206
89, 059
43, 337
101,660
41, 334
97, 667
45, 775
98, 679
48. 845
117,435
55.711
5.95
5.95 I 6.23
115,351 j 109,905 ! 106,715
88.5 |
91. 7
84.1
109,723 j 114,727 106,572
62,972 ' 59.511 I 60,424
6.30
106, 091
78.8
103, 839
63, 505
6.30
89, 512
77.8
91,937
59, 686
6.30
106, 482
80.9
103, 493
63,152
6.30
99, 298
77.3
95, 074
68, 555
6. 30
96, 229
78.8
96, 378
66, 574
6. 30
107, 721
81.0
109,982
64, 141
36,180
24,388
42, 899
43, 086
60,750
34, 687
18.817
43,418
41,412
62, 294
35,130
17,893
37, 399
36, 373
63,160
163, 646
115,997
164, 077
168,415
79, 929
152,619
102, 149
168, 567
167, 708
80,961
144, 649
81, 622
166, 125
164, 852
81,774
133, 381
73, 354
140,464
141,373
80. 398
301. 209
323. 563
334 441
203 672
320, 655
315, 343
338,446
180, 569
318, 841
332, 689
337, 508
175, 750
301, 654
316,607
332, 234
160,123
301,293 j 275,822
282,322
309,957
284,133
287,943
158,312
180,326
257,565
262,983
50.00
90, 207
88, 912
241, 639
254,920
50. 00
84, 762
85,194
206, 913
261, 727
50.00
82, 579
86, 229
213,105
258, 055
50.00
86,633
81,714
238.176
239,679
50. 00
77, 888
77,470
261. 028
229, 561
50.00
88,192
88, 774
251,457
257, 020
50. 00
85, 338
87, 331
256. 036
217,323 {
50.00 |
80,837 |
84,037 !
15,815
246, 228
38, 727
16,680 i 17,975 | 17,543
13,893
238,670 247,206 I 257,567 318, 609
42, 329
43, 312
47, 435 44,679
18,812
361,179
46, 245
19, 230
364, 207
45,919
18, 648
339,211
42, 039
16, 655
327, 913
39,188
13,455 ! 18, 438
308, 880 301. 562
47, 592
34, 719
279,402
392, 794
110,039
406, 922
69.1
241,674
291,285
480, 250
166,830
417,566
70.9
225, 577
317,909
414, 966
131, 890
452, 604
73.9
245, 378
283,660
399,133
131,242
402, 548
71.2
245, 685
333, 739
486,181
140, 027
473,169
77.8
249,860
322 991
426^ 614
128, 222
443, 274
75.7
260, 320
21,195 |
7, 807
20, 928
72.1
20, 107
16,110
41,
16,
44,
43,
64,
643
534
751
448
093
165, 209
76, 590
162, 492
159,429
81, 508
42,
18,
42,
42,
64,
808
696
997
375
936
r
r
40,309
17, 751
42,017
41, 078
67. 178
49,
21,
45.
46,
66.
448
306
157
569
779
156,576
84. 749
154,819
149, 794
86, 875
177,007
39, 722
172, 622
172.176
89.015
276,586 | 263,450
282,344 | 252,897
286,739 i 276,457
175,931 152.371
211,022
261, 298
243, 394
170', 275
158,156
77, 967
157, 204
156, 992
81,870
|
245, 607
239, 745
176, 137
219,362
229, 799
192 240
50.00
89, 124
84; 141
!
338, 241
517, 221
204, 249
470, 244
77.1
235, 706
324, 448
437, 874
195, 037
440, 725
77.8
240, 039
299, 781
398,191
160, 541
429, 561
70.3
251,823
95,362 | 91,707 j 95.478 | 84,253
82, 324
275, 353
393, 026
115, 143
407, 629
70.7
269, 755
315, 478
473, 898
158. 026
43 509
PAPER PRODUCTS
Coated abrasive paper and cloth:
Shipments
reams.
Paperboard shipping boxes:
Shipments, total
mil. of sq. ft.
Corrugated
do...
Solid
fiber
do___
2, 403
2, 266
137
2,524 !
2,380 |
144
2,618
2,467
151
1,023 !
805 !
218 !
1,379!
1,126 i
253
953
807
146
101,125 I 111,106
101, 925 i 90, 670 j 106, 890
2,999
2,821
PRINTING
891
Book publication, total
no. of editions.
722
New books
do_ _ _
169
New editions
do
Continuous form stationery, new orders
192, 228
thous. of sets.
Operations (productive activity)
1923=100.
0)
18, 328
Sales books, new orders
thous. of books.
949
812
137
717
608
109
921
745
176
722
651
71
988
822
166
1,027
916
111
1, 122
889
233
568
508
60
129,162 I 128,245 | 137,820 | 142,780 i 163,493
86 I
80 |
78 I
80 I
75
15,910 | 17,399 i 17,387 \ 18,537
17,999
139,161
79
18, 203
137,202
(])
18, 740
162, 347
170, 828
157, 474
183, 392
171,273
746 1
655 !
91 I
0)
16, 940
0)
18, 559
(0
17, 405
0)
17,481
(0
19.947
RUBBER AND PRODUCTS
CRUDE AND SCRAP RUBBER
Crude rubber:
Consumption, total
long tons..
50, 192
56.539 : 64,225
54, 652
47,011
56, 477
46, 506
50, 234
50, 206
For tires and tubes (quarterly)
do
110, 234
108,156
103, 744
Imports, total, including latext
do
59, 257
70,700 !
! 901 97, 984
,
86, 833
74,696
53,889
69,474
78,972
73,028
Price, smoked sheets (N. Y.)
dol. per lb._
.185
.208
.192
.216
. 199
.203
222
.211
.193
.196
Shipments, world§
long tons..
112,221
',254 127, 189 126.908
87,482
lio] 348 127, 313 120, 857 133, 784 126, 228
2
Stocks, world, end of month
do
444,000
465, 000
501,000 548,000 584,000 630,000
(2)
()
Afloat, total
do
211,000
1,000 250,000 265,000
188, 000
235, 000 250,000 255, 000 265, 000 265,000
For United States
do
113,619
102, 557
; 095 145, 950 153, 169
,
119,138 139,629 141, 286 137, 033 166,837
London and Liverpool
do
18,000
22,000
26, 500
36, 000
19,500
50,000
(2)
(2)
British Malaya
_. do
72, 054
92, 895
80, 600
75,560
80,375
',471
78, 029
73,799
75,877
United States
do
142, 462
162, 494
i, 943 318, 486 340, 857
L68,245 190, 608 213, 002 241,358 259,140
Reclaimed rubber:
Consumption
do
i, 042 ! 17,109
15,719
16,528
18,636
15,844
14,298
14,179
14,589
Production
do
',689 ! 19, 297
17, 552
19,358
20. 413
16,631
14, 342
17, 213
16, 428
Stocks, end of month
do
28,397
32,118
35, 344
28. 327
t, 143 I 34,701
29,832
30, 287
28, 058
Scrap rubber consumption
do
39, 844
35, 735
r
Revised.
1
Discontinued by reporting source.
* Reports indefinitely suspended.
tRevised series. For revised data for fine and wrapping papers beginning 1934, see table 43, pp. 12 and 13, of the November 1940 Survey.
JFor monthly data for 1913 to 1938 corresponding to the monthly averages on p. 148 of the 1940 Supplement, see table 28, p. 18, of the May 1940 Survev; for revised data
for 1939, see table 15, p. 18 of this issue.
earl:
Committee;
4 the Survey.
53
SURVEY OF CURRENT BUSINESS
April 1041
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the February
1940 Supplement to the Survey
1940
February
March
April
June
May
July
1941
August
September
October Novem- December
ber
January
RUBBER AND PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings:
Production
thousands. Shipments, total
.
do
Original equipment
do
Replacement equipment
do
Exports
do
Stocks, end of month
do
Inner tubes:
Production
do
Shipments, total
do
E xports
do
Stocks, end of month
do
Raw material consumed:
Crude rubber. (See Crude rubber.)
Fabrics (quarterly)
thous. of lb_-
5,165
4,910
2,547
2,210
153
10, 072
4,888
4,112
1,974
2,037
101
10,124
5,007
4,346
2, 050
2,203
93
10,747
5,106
5,010
2,095
2,827
87
10,881
5,415
5, 720
1,999
3,626
96
10, 576
5,148
6,927
1,925
4,905
96
8,881
4,675
4,284
858
3,316
110
9,299
4,704
4,245
705
3,425
115
9,732
4,495
4,572
1,465
3,001
106
9,890
5,082
5, 561
2,322
3,081
158
9,448
4,838
5,137
2,438
2,569
130
9,118
4,999
4,972
2,626
2,227
118
9,179
5,472
4,847
2,293
2,426
128
9,797
4,993
4,713
102
8,004
r 4, 184
r 3, 788
71
r
7, 886
4,400
4,114
60
8,183
4,618
4,543
57
8,258
4,739
4,739
78
8,243
4,359
5,721
74
6,841
4,028
3,797
89
7,094
4,327
3,615
96
7,802
4,115
3,991
84
7,950
4,557
4,878
124
7,647
4,111
4,692
106
7,055
4, 665
4,646
87
7,014
5,168
4,527
96
7,733
4,046
6,200
14,232
5,105
5,971
13, 365
5,146
6,633
11,878
5,369
6,118
11,129
5,939
6,614
10, 377
71,957
70,972
66,849
RUBBER AND CANVAS FOOTWEAR
Production, total
Shipments, total
Stocks, total, end of month
thous. of pairs..
do
do
5,543
5,166
10, 754
5,062
4,761
15, 319
4,869
4,532
15, 656
5,128
3,902
16,881
5,075
3,862
18, 095
4,528
3,737
18,886
3,323
4,567
17, 641
4,583
5,808
16, 386
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production
Percent of capacity
Shipments
Stocks, finished, end of month
Stocks, clinker, end of month
thous. of bbl _.
thous. of bbL_
do
do
8, 368
43.5
7,472
25, 316
5, 566
5,041
24.8
4,907
25, 894
6,304
7,918
36.3
7,716
26,118
6,487
10, 043
47.5
10,829
25, 348
6,606
12, 633
58.0
13, 206
24, 758
6,071
12,490
58.9
13, 223
24, 010
5,907
12,290
56.0
13,442
22,855
5,559
12, 712
57.8
14, 018
21, 549
5,158
13,105
61.8
14, 741
19, 921
4,829
13,935
63.7
15, 776
18, 008
4,470
12, 725
60.1
10, 372
20, 353
4,558
11,195
51.2
8,192
23, 381
r 4, 886
9 025
12.4
7 986
24 420
r
5 092
12.132
176,786
408,147
12.164
197, 021
392, 975
12.116
186, 472
397, 336
12.101
193, 479
402,159
12.094
187, 648
422, 005
12.121
182, 785
436, 436
12.147
213, 800
445, 304
12.148
162,829
468,962
12.195
144, 327
478,411
12.201
52,495
273, 526
66,190
262, 463
61,195
253, 326
62, 330
250, 730
64, 490
248, 531
60, 977
250, 617
70, 864
242,100
47, 056
251,593
40, 559
265, 825
5,428
1,341
5,719
1,399
5,003
1,255
5,846
1,452
6, 549
1,641
5,674
1,445
5, 864
1,469
5,183
1,343
4,724
1, 249
361, 660
86, 062
361, 648
84, 339
361, 759
89, 810
357, 266
94, 442
357, 421
85, 767
382, 066
90, 359
382,092
64,313
391,531
58,565
407,618
2, 897
43,914
5,153
43, 627
5, 081
44, 049
6,148
43, 383
8,383
37, 425
7,094
34, 738
7,365
34, 510
5,769
32, 031
2,516
30,288
4,780
71.7
4,532
315
953
28
466
358
624
1,129
285
207
149
9,331
5,070
73.3
4,653
* 657
1,016
34
304
186
456
1, 363
304
208
106
9, 655
4,289
69.7
4,565
820
879
32
145
91
726
1,284
313
208
49
9,292
4,864
70.3
4,816
423
950
40
106
105
1,028
1, 608
323
201
14
9,247
4,352
67.9
4,078
170
808
31
126
102
1,137
1,230
258
197
5
9,432
4,203
65.6
3, 532
138
686
33
189
154
803
1,041
269
198
3
9, 988
4, 514
65.0
4,178
189
961
41
224
140
589
1,468
337
206
9
10, 109
3,841
3,813
7,597
3,450
3,331
7,737
3,887
3,642
7,991
3,056
2,804
8,160
3,199
2,876
8,455
3,200
2, 641
8,775
3, 325
12, 533
993
61.1
2,647
14, 091
1,002
61.7
3,763
17,070
1,349
83.1
3,006
16,059
1,264
78.0
2, 456
17, 491
1,458
89.8
2,316
19, 350
1,561
96.2
CLAY PRODUCTS
Common brick:
Price, wholesale, composite, f. o. b. plant
12.124
dol. per thous.. 12. 242 12.126
Shipments
thous. of brick. _
84, 238 120,174
Stocks, end of month
do
482, 690 449, 425
Face brick:
36, 592
23, 373
Shipments
do
281, 311 279, 900
Stocks, end of month
do
Floor and wall tile shipments:
3,658
4,781
Quantity
thous. of sq. ft-.
1,165
945
Value
thous. of dol -.
Hollow building tile:
49, 606
60, 993
Shipments
short tons - 355, 041 351, 726
Stocks, end of month
do
Vitrified paving brick:
2,096
2, 525
Shipments
thous. of brick__
42, 953
42,159
Stocks, end of month
do
-1565
1, 195
GLASS PRODUCTS
Glass containers:
Production
thous. of gross_ Percent of capacity
Shipments, total
..thous. of gross..
Narrow neck, food*
do
Wide mouth, food*
do
Pressed food ware*
do
Pressure and non-pressure*
do
Beer bottles*__
do
Liquor ware*
do
Medicine and toilet*
do
General purpose*
do
Milk bottles*
do....
Fruit jars and jelly glasses*
do
Stocks, end of month
do
Other glassware, machine-made:*
Tumblers:
Production
thous. of doz_.
Shipments
do
Stocks
do
Table, kitchen and householdware, shipments
thous. of doz__
Plate glass, polished, production_thous. of sq.ft. Window glass, production
thous. of boxes-.
Percent of capacity
4, 368
70.8
4, 273
205
909
37
275
167
676
1,433
351
199
8
10, 097
4,123
64.3
r 3, 835
179
791
45
205
143
646
1, 368
274
168
2
9,807
4,606
69.1
4,229
199
872
37
356
206
689
1,360
319
170
6
10, 078
4,584
68.8
4,339
211
883
37
510
295
637
1,254
306
171
18
10, 234
4,701
70.5
4, 763
248
955
41
637
397
617
1,269
317
200
59
10, 078
4,429
69.1
5,230
281
932
31
640
781
842
1,131
273
200
102
3, 694
4, 004
8,419
3,429
3,660
7,569
3,931
3,809
7,688
3,995
3,974
7,708
3,877
4,048
7,537
3,648
3, 628
7,560
" 3,595
3, 598
7,572
2,905
15, 664
1,397
86.1
3,047
13,175
1,099
67.7
2,883
14, 302
1.107
68.2
2,745
12, 367
1,023
63.1
2,668
11,721
1,068
65.8
2, 185
9,783
908
55.9
2,088
8, 522
994
61.1
9,180 I
GYPSUM AND PRODUCTS
Crude:
Imports
short tons..
Production
do
Calcined, production
do
Gypsum products sold or used:
Uncalcined
do
Calcined:
Building plasters
do
For mfg. and industrial uses
do
Keene's cement
do
Board and tile, total
thous. of sq. ft...
Lath
do
Tile
do....
Wallboard
do
r
172,869
584, 627
577,799
313,340
917, 234
869,174
531,032
1,128,862
969, 578
131, 547
263, 028
250, 080
244, 975
344, 553
29, 951
5,819
335,530
235, 890
6,296
93, 344
509, 602
30,444
7,303
519,767
384,195
_ I 8, 329
. 127,243
556, 560
29,850
7,393
591, 878
453,124
8,475
130, 279
430,090
33, 358
6,44:
621, 768
388, 230
6, 816
226, 722
387, 969
1,033,403
888, 078
Revised.
*New series. Data for glass containers beginning January 1934 are shown in table 4 , pp. 16 and 17, of the November 1940 issue; earlier data on glassware other than contamers are shown in table 2, p. 17, of the January 1941 Survey.
54
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the February
1940 Supplement to the Survey
April 1941
1940
February
March | April j May
June
July
1941
Au
S
ust
tember
October
Novem- December
ber
January
TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
thous. of dozen pairs._
Shipments
do
Stocks, end of month
do
334 ! 11,097
422
11,465
008
24,583
COTTON
Consumption
bales.Exports (excluding linters)§
do
Imports (excluding linters)§
do
Prices received by farmers
dol. per lb_.
Price, wholesale, middling (New York)..do
Production:
Ginnings (running bales)*
thous. of bales..
Crop estimate, e q u i v a l e n t 500-lb. bales
thous. of bales..
Stocks, domestic cotton in the United States,
total
thous. of bales..
On farms and in transit
do
Warehouses
do
Mills
do
771
680
613
100
111
627 194
433. S42
9 504
100
109
10.660
10, 108 i
25,566 !
9,711
8, 835
26, 384
9,418
9, 244
26,701
623,098 641,636 ! 565,416
344,609 i 226, 469 I 133, 530
11,096
14,292 i 12, 374
. 095
. 098 !
. 100
. 109
. 107
. 102 !
622, 723
136, 751
18,254
. 095
. 104
654, 503
64, 743
10, 153
.092
.098
639,252
90, 555
3, 991
. 092
.097
770, 702 744,088
194,251 144, 710
15,926 i 12,026
.094 I
.094
.096
.100
32
606
3,924
9,084 I 10,870
10, 679
10,133
25,071
1 11,481
11,174
11,257
12, 396
12, 762
25,621 | 24,258
13,586 i 12,579
14, 109 | 12, 975
23,879 \ 23,626 |
11,279
11,536
23,511
11,747
11,822
24, 435
775,472
107,375
5, 906
.093
. 102
843. 274
52,184
9, 624
.095
.104
11, 433
11,931
2
1 11,816
12,686
192 i
150 i
660 j
13,907
982
11.378
1,547
12, 940
10.699
1, 420
12, 094
773
10.058
1.263
11,400
753
9. 545
1, 102
10.619
620
9, 086
913
22, 316
12,551
9. 085
680
21,638
10, 203
10 703
732
20,842
5,719
13,826
1,297
! 19,808
I 3,488
j 14,697
i 1,623
18. 924
2. 137
15,014
1,773
IS.033
1, 583
14,636
1.814
33.340 |
9,415 I
34, 865
4, 808
34, 943
5.813
28, 470
6,' 608
24, 627
6. 329
26, 288
4, 767
24.409
5, 216
24,413
6,919
26, 709 i 29, 954
5,136 I 11,420
7,581
34.944
7, 060
11.40
. 050
. 059
1.1.37
. 047
.058
10. OS
. 046
. 057
11. 00
. 047
. 058
11.23
. 048
.058
12. 26
. 050
.059
13.31
.052
. 062
14. 24
. 054
. 065
14. 50
. 054
. 066)
14. 94
. 055
.067
912
029
924
345
154. 479
126, 610
8, 238
110,657
164, 079
129.878
6, 535
105, 468
155.770
119.889
5, 668
108, 886
164,610
122, 954
6, 31?
107, 644
COTTON MANUFACTURES
Cotton cloth:
Exports^
thous. of sq. yd...
Imports§
do
Prices, wholesale:
Mill margins
cents per lb._
. 057
Print cloth, 64 x 60
dol. per yd
Sheeting, unbleached, 4 x 4
do
.073
Finished cotton cloth:
Production:
Bleached, plain
. . . thous. of yd. Dyed, colors
do
Dyed, black
do
Printed
do
Spindle activity:
Active spindles
thousands.. 22, 769
8, 920
Active spindle hrs., total
mil. of hrs_~
305
Average per spindle in place
hours. _
115. 4
Operations
pet. of capacity.
Cotton yarn, wholesale prices:
. 274
22/1, cones (factory)
dol. per lb
. 390
40/s, southern, single, carded, Boston...do
RAYON AND SILK
Rayon:
31.6
Deliveries (consumption), yarn*. ..mil. of l b . .
1,774
Imports§
thous. of l b . .
Price, wholesale, viscose, 150 denier, first
. 530
quality, minimum filament,*-..dol. per lb_.
10. 0
Stocks, yarn, end of m o . t
mil. of lb..
Silk:
28,111
Deliveries (consumption)
bales
2, 430
Imports, raw§
thous. of lb
Price, wholesale, raw, Japanese, 13-15 (N. Y.)
dol. per l b . .
Stocks, end of month:
Total visible stocks
bales.. 214, 836
United States (warehouses)
do — 54,106
12.25 I
.051 [
. C62
129,
100,
4,
106,
174
707
581
916
11. 59
. 049 j
.058 I
.127. 278 127,614
103.328 I 97, 199
4. 776
5, 060
110,882
103,563
126,
89,
4,
98,
968
204
889
336
109,
78,
4,
80,
278
468
612
744
120,
92,
6,
88,
709
116
491
482
129,250
102, 085
6, 786
100, 752
132,
108,
5,
104,
22, 553
7, 920
318
94.6
22, 289
7, 995
321
92. 0
00 213
1 ; 035
324
89. 4
21, 955
6, 960
281
87.9
21,919
7, 548
305
86.6
22. 078
7,872
318
90.4
22, 278
7,867
320
96.7
22, 457
9, 276
378
103.3
22, 686
8, 614
352
105. 9
22,818
8, 657
353
105. 0
22, 821
9, 901
404
112.1
.248
.344
228
! 33S
.219
.321
.227
,325
.227
.325
227
.257
355
.207
.377
. 268
.338
. 272
.404
29.8
2,607
29.8
1, 279
31.1
1, 962
32.2
571
31.4
669
32.1
391
34.0
441
30.9
224
36.7
3S6
34.8
1,576
34. 0
2, 466
' 34.3
1, 600
.530
8.3
.530
10.4
.530
11.7
. 530
12.5
. 530
12.8
. 530
11.1
.530
9.9
. 530
6.9
.530
6.7
. 530
6.3
.530
8.9
22, 485
2, 175
21. 685
21.740
2, 494
18. 997
2, 925
17, 307
2,356
22, 766
3,827
30,189
4, 761
39, 877
6, 490
36, 374
7, 219
23. 113
4. 429
28, 425
3, 263
2. 540
2.529
2. 561
2. 69S
2.585
85. 798
42, 69S
92, 4S5
43, 285
90,122
41, 822
115,111 151, 698
43,211 46, 898
172, 254
44, 454
184, 797
48, 297
195, 330
60, 330
22, 801
8, 267
331
99. 7
3.061
83, 306
50, 306
87. 087
45, 887
28, 828
3, 739
2. 562 I
225, 248
72, 248
2. 560
224, 363
63. 433
WOOL
37, 212
33, 981
34, 631
21,831
17, 502
16, 099
18, 666
22, 065
18, 466
72,677
Imports (unmanufactured)§
thous. of l b . .
Consumption (scoured basis) :1
21, 302
39, 240
28, 609
19, 373
33,821
28, 431
24, 799
40,115
17, 065
17, 709
36, 232
17,471
34,012
Apparel class
do
7,941
11,387
7, 571
6,061
8,658
10, 965
10, 712
5, 798
8, 969
6,524
7, 340
8,544
9, 352
Carpet class
do
Machinery activity (weekly average) :J
Looms:
Woolen and worsted:
1,587
1,744
1,407
1,884
2,148
1, 694
1,209
1,558
1, 088
2, 256
2.197
1,129
2,411
Broad
thous. of active hours..
80
72
60
58
70
78
67
63
52
58
71
80
Narrow
do
195
198
152
125
177
149
206
166
186
183
201
233
Carpet and rug
do
Spinning spindles:
70, 764
88, 027
90, 421
72, 506
80, 359
83, 665
68, 147
90. 418
54, 658
60, 724
94, 789
55, 888
98, 398
Woolen
do
67, 472
72, 934
85, 527
88, 005 104, 332 103, 556 107. 978 104,279
61, 167
66, 718
51, 750
51, 173
115, 206
Worsted
do
127
182
188
179
158
94
137
146
192
143
100
210
87
Worsted combs
do
Prices, wholesale:
.93
.92
1.05
.89
.89
.88
1.10
.87
.90
1.10
1. 10 I
1. 09
Raw, territory, fine, scoured
dol. per lb._
.39
.44
.39
.39
.39
.40
.35
.44
.36
.46 I
.44
Raw, Ohio and Penn., fleeces
do
.46 I
j
!
Suiting, unfinished worsted, 13 oz. (at
1.918
1.931
1.931 I
1.931
1.931
1.931 j
1.931
1.931
2. 005
mill)
dol. per yd. .
1.931
1.931 !
Women's dress goods, French serge, 54" (at
1.188
1 . 1 1 4 ••
1.114
1.114
1.114
1.114
1.213
1.158
1.213 !
1.213
mill)
dol. per y d . .
1.213
1.153
i
Worsted yarn, %2's, crossbred stock (Boston)
1.338
1.256
1.288
1.294 :
1. 250
1. 488
1.290
1.300
1.450
1.300
1.450 I
1.395
1. 463
dol. per l b . .
29, 961
36,123
30, 278
31,759
44, 896
52, 905
13, 553
(3)
49,597 ! 50,365
47, 060
()
Receipts at Boston, total
thous. of lb-. 51, 809
22, 912
16, 328
22, 540
25,214
41, 790
44, 472
4,633
8, 104
6.298 I
5, 342
30, 393
4, 129
Domestic
do
3,247
19, 795
7,049
6,544
3,106
8,433
7,738
5,449
3
43,299 I 45, 732
16, 667
47, 680
Foreign
do...
()
Stocks, scoured basis, end of quarter, total
127, 546
128,585
140,628 !
thous. of lb.
41, 338
47,128
41,815
!
47,508
Woolen wools, total.--do...
29. 450
26,794
28, 181 I
35. 183
Domestic
do...
11.888
20.334
13,634 I
12,325 I
Foreign
do...
86, 208
93,500 '
57,045 j
!
81,077
Worsted wools, total
do...
28,890 •
59,436 !
I
I 57,219
22,825 1
!
Domestic
do...
!
64, 610
34,220 '
I
21,641 I
I 28,989
Foreign.
do._.
2
3
r
Dec. 1 estimate of 1940 crop.
1 Total ginnings of 1939 crop.
Total ginnings to end of month indicated.
Not available.
Revised.
§Data for 1939 revisedj" for exports, see table 14, p. 17, and for imports, table 15, p. 18, of this issue.
"JData for April, July, and October 1940 and January 1941 are for 0 weeks; other r
iMonthly data'beginning January 1930, corresponding to monthly averages shown on p. 155 of the 1940 Supplement, appear on p. 18 of the April 1940 Survey.
*New series. For monthly data on rayon yarn deliveries beginning 1923, see table 41, p. 16, of the October 1940 issue. The new rayon price series replaces the data shown
in the 1940 Supplement. Earlier monthly data will be shown in a subsequent issue.
55
SURVEY OF CURRENT BUSINESS
April 11)41
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the Febru1940 Supplement to the Survey
ary
1941
1940
February
March
April
May
June
July
August
September
October November
December
January
TEXTILE PRODUCTS—Continued
MISCELLANEOUS PRODUCTS
Buttons, fresh-water pearl:
.Production
pet. of capacity - _
Stocks, end of month
thous. of gross._
Fur, sales by dealers
. .
__thous. ofdol-.
Pyroxylin-coated textiles (cotton fabrics):
Ordeis, unfilled, end of mo.-thous. linear y d . . ,
Pyroxylin spread
thous. of 1b
I
Shipments, billed . _ . ...thous. linear y d . . .
0)
0)
38.8
6, 498
4, 237
41.0
6, 539
3, 813
40.5 I
6,541 I
4,263 j
28.8
6,437 I
2,403 I
30.4
6,304
3,377
44.6
6, 400
4, 273
50. 7
6, 499
3, 354
34.9
6, 431
4,447
3,734
1, 894
2, 229
4, 443
6, 093
6,093
(3,355
6, 355
2, 398
4, 930
4,844
2,227
4, 769
4, 978
2, 118
4, 772
5, 003
040
4 102
4 504
2, 244
3'931
.
4,030
2, 807
4, 435
4, 430
2, 499
5,366
5,353
2, 860
5, 128
5,106
3, 012
5, 851
5, 842
3,801
5, 776
5, 776
0)
0)
0)
0)
r
0)
0)
0)
(0
2, 709
r 4,666
3, 694
5, 463
5,718
3,896
5, 993
5, 881
509
366
458
TRANSPORTATION EQUIPMENT
AIRPLANES
|
j
Production, domestic civil aircraft§.. .number., j
Exports^
do
|
323
191
430
233
808
383
372 !
802
284
938
334
697
287
AUTOMOBILES
Exports:
Canada:
A^emblod, total
Pas^enp'T cars
United Slates:
AsM'inbleii, totals. .
PasM'iiaer cai.>* _
Trucks* _ . . . . .
number
do
Kehul purchasers, total
thous. ofdol
New cv>
...
do _
IVed cars
.
...
do
rncla^i'icd
.
do _
"Wholesale (inirs. to dealers)
do
Eiro-extinLui^nini: equipment, shipments:
Motor appatatu^ . .
number...
r
Hand e\'li;u ui^hers . _
.
do
Produ"! ion:
Automobiles;
Canada, tola! . . . . .
do
Pas-oncrer cars .
do
I'nih-d State-; (factory sales), total
do
I'as-eimer cars
..do.
Trucks
....
..do.
..thous. of rims. .
Automobile rims
ReurM ration^:
New passenger cars
number. .
\L-\V commercial curs
do
Sales ((i moral Moiors Corporation):
World sales:
By V,. S. and Canadian plants
do
Unitrd States sales:
To dealers __
do
To consumers . . . .
do
Accessories and parts, shipments:
Combined index _ _
Jan. 1925 = 100..
Original equipment to vehicle manufacturers..
_.Jan. 1925=100...
Accessories to wholesalers
do
Service parls to wholesalers
___do
Service equipment to wholesalers
do
8,571
1,036
4. 776 '
2. Oil
4. 7s2
2, 797
26, 197
10. 863
15, ti.U
110,371
00, 395
49,4s7
Js9
!ft7. 166
it. 9 < 3
10,':o9
20, 115
'». 837
10,308
j 13, 1M
S3, 05 t
."9, «>79
S. 771
3, "2.S
15, 7!'3
<S. I s ,
7, »>09
Jl.LY.i
3. 7J7
'"». KM
\ 11'.
17". J "1
Ihh, 922
72,•IS')
165. 301
71,'21!
21!
201, 06s
162. K
M
79
37,619
71
37,762
17,930
8, 739
344,636
286,040
58, 590
1,266 i
65 1
h
212, 331 | 216,' s 16
(
9.877 ,
1, 558
6, 539
2, 3.,9
4. 20')
106,031 ; 137,961
92,711
71. "71
72,026 I 65,774
141,977
42, 1
8.859 !
8.419 H . 276 j 8,
132 J
5, 753
2, 591
3, j(>2
„i
(1
.1
1 > 913
.
7,0"/]
9, 7 N 6
10. 118
'•'•>. 7 9 7 KK 175
152, ( 0
'9
Ss, 575
100, 902
53.711
61 <),U
492
507
11 1, S7 1 221,253 220, 9 i 1
is, 017
10, 23.1
15,912
7. 21C
S 6(J6
160, < . ( 117. 186
»")
«M. ".'.0
65, 939
1)7.065
\-»1] I
-SO1)
2.V,7",S ! 2 50, 871
(2)
(2)
74
30, 600
35, 358
60
34,135
23,710
10,647
485,523
394,483
91,040
2, 131
18,193
12,779
404,032
337, 756
66, 276
1, 850
16,612
12,025
423,620
352, 922
70, 698
1,918
19, 687
13,487
432, 746
362,139
70, 607
1,823
21,277
12,677
391,215
325, 676
65, 539
1, 744
14,468
3, 397
231,703
168,769
62, 934
825
13,993
1, 510
75, 873
46, 823
29,050
1,075
15,475
3, 410
269,108
224,470
44,638
1,356
21,151
7, 056
493, 223
421,214
72,009
1, 759
4^7, 352
407, (Ml
S0.2C.1
1,80S
23,195
23, 304
11. 653
11,990
483.567
500, 931
39C,531
411, 2^8
<S7 030
89, 673
2,032
1,790
224, 625
41,336
312,371
53, 093
353, 239
55, 982
345,748 318,615 j 315,246
51,553 I 43,504
50,913
211,031
48,980
148,000
39,224
290,495
48, 356
301,430
46. 618
334.073
51,095
299,179
61,712
fa
(2)
(2)
23,621
10, M 4
226, 009
174, 572
193, 522
196,747
185,548
167,310
110,659
24,019
124,692
226,169
217,406
223,611
235, 422
208,214
187, 252
160,458
123, 874
181,066
174,625
183,900
183, 481
171,024
165,820
151,661
173,212
99. 664
145, 064
21,154
116,031
97, 527
207, 934
186,016
198, 064
181, 421
204, 473
174,610
218, 578
168,168
162
89
172
131
139
86
165
117
101
93
172
120
147
98
196
126
1,649 I 1,640
1,642
214
150
164
170
244
115
174
182
167
80
145
118
174
82
158
139
178
91
174
140
1, 641
1,643
1,645
1,648
107
6.0
37, 981
23, 787
14,194
155
9.6
28, 112
19, 159
8,953
155
9.6
21,112
13,546
7, 566
160
9.9
17,460
11,051
6, 409
164
10.2
15, 039
9, 772
5,267
5, 812
14. 7
132
113
19
6,496
16.0
70
30
40
6,604
16.2
59
29
30
6, 675
16.4
54
32
22
6,781
16.8
88
70
18
178
190
183
179
207
185
132
200
139
235
149
199
142
231
125
180
156
228
122
180
143
245
115
170
162
1,642
1, 638
1, 638
1, 640
1,642
131
8.1
16, 892
9,010
7, 882
117
7.3
27, 459
18,700
8, 759
114
109
6.8
108
6.7
34, 202
25, 8(56
8, 336
40, 030
26, 427
13. 603
6,276
15.7
130
118
12
6. 155
15. 4
131
122
9
RAILWAY EQUIPMENT
(Association of American Railroads)
Freight cars, end of month:
Number owned
thousands. Undergoing or awaiting classified repairs
thousands-_
Percent of total on line
Orders, unfilled
.
cars.Equipment manufacturers
do
Railroad shops
do
Locomotives, steam, end of month:
Undergoing or awaiting classified repairs
number..
Percent of total on line..
Orders, unfilled
number...
Equipment manufacturers
.
do
Railroad shops
_.____do
153
1, 641.
144
9.0
19, 765
13, 477
6, 288
138
8.6
18, 456
12, 278
6, 653
16.5
6, 506
16.2
6,226
15.5
97
84
13
115
106
9
9.5
16, 933
9, 974
6, 959
6, 178
314
108
6
7. 1
30,184
22, 738
7, 446
6, 076
15. 2
5,914
14.9
5, 853
14.7
116
103
13
115
102
13
120
107
13
(U. S. Bureau of the Census)
Locomotives, railroad:
152
272
232
277
269
354
146
139
146
285
170
455
Orders, unfilled, end of mo., t o t a l . . . n u m b e r .
126
112
209
243
108
144
251
Domestic, total
...do...
252
124
244
315
415
70
125
35
126
28
109
81
87
Steam
do...
129
122
115
56
77
125
80
118
122
143
43
122
200
286
Other
do...
32
37
52
39
30
54
40
63
35
73
68
Shipments, domestic, total.
do.__
5
7
8
0
24
22
15
Steam
do_._
5
7
8
32
27
23
46
40
48
30
44
49
46
Other
do...
Locomotives, mining and industrial:
_
138
117
132
141
Shipments (quarterly), total*
number.
67
79
55
80
Electric, t o t a l t - - do...
— ——|
67
52
76
67
For mining use
do
71
00
61
7
7
Other*
.
.do...
2
r
l
Temporarily discontinued by reporting source.
Revised.
Comparable data not available.
§Designation changed from "commercial licensed" or "civi! aircraft" (1940 Supplement).
{Includes straight electric types only (trolley or third-rail and storage battery); data for 1939 and earlier years, published in the Survey, include some units of only partial
United States manufacture and ire not com parable with data here shown.
^Data revised for 1939. See table 14, p. 17 of this issue.
•New series. Comparable data on total shipments are available only beginning January 1940. "Other" includes Diesel-electric, Diesel-mechanical, and gasoline or steam
locomotives; data for 1939, the earliest available, are as follows: first quarter, 21; second, 20; third, 26; fourth, 52. These are largely industrial.
56
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
1941
February
April 1941
1940
February
March
April
May
1941
i December
July
June
Januarv
TRANSPORTATION EQUIPMENT—Continued
RAILWAY EQUIPMENT—Continued
(American Railway Car Institute)
Shipments:.
Freight cars, total
Domestic
Passenger cars, total
Domestic
number. do
do
do
4,122
4,057
242
142
14
14
6,648
6,548
4
4
5,900
5,400
1
1
3,262
3,061
6
6
1,588
1,478
5
5
13
8
5
16
10
6
26
9
17
20
18
14
13
1
12
2
125
119
6
132
119
13
109
98
11
147
137
10
135
121
14
128
120
8
1,543
1,543
28
0
4,624
4,301
54
54
2,356
2,356
12
12
2,888
2,836
10
10
3,704
3, 586
10
10
4,134
3,981
8
8
16
13
13
9
4
19
14
5
11
10
1
141
134
165
157
8
180
174
6
5,272
5,256
0
0
202
165
37
(U. S. Bureau of Foreign and Domestic Commerce)
Exports of locomotives, total
Electric
Steam
number. _
do
do
14
3
12
8
4
INDUSTRIAL ELECTRIC TRUCKS
AND TRACTORS!
Shipments, total
Domestic
Exports
number.
do...
do._.
134
124
10
7
CANADIAN STATISTICS
Physical volume of business, adjusted:!
108.6
120.0
Combined index
1935-39 = 100..
106. 3
126.1
120.0 | 117.8
Industrial production:
132.1
138.3
117.0
115.0
128. 8
134.0
Combined index
.
do
116.4
223.8
116.5
139. 9
179.6
Construction
do
157.4
109.4
115.7
109.0
123. 0
112.7
Electric power
do
125. 1
120. 0
134.0
115. 8
129. 6
127.9
Manufacturing
do
128.6
106. 5
121.3
109.0
120. 8
113. 0
136.0
Forestry
do
125.0
113.4
108.6
120. 5
146. 4
137. 3
Mining
. do
Distribution:
91.5
94.0
99.3
95.9
105.1
99. 0
Combined index
do
96. 0
108.8
114.9
110.7
118.8
117. 1
Carloadings
do
120. 4
107. 3
154. 2
121.4
148.2
142. 3
Exports (volume)
do
115.9
125. 5
124. 6
129. 5
152.7
125. 8
Imports (volume)
do
108. 9
107. 2
109. 8
107.8
115.8
109. 2
Trade employment
.do
Agricultural marketings, adjusted:
36.7
114.7
134.8
91.7
60.4
Combined index
1926 = 100..
29.2
148.0
122. 7
93.9
53.4
Grain
do
75.6
70.1
79.0
91.7
81.4
Livestock
do
Commodity prices:
108.2
103.8 ! 104.6
104. 9
104.9
104.6
Costoflivingf
1935-39=100..
85.2
82.8
83.2
82.1
83.1
81. 6
Wholesale prices
1926=100..
Employment (first of month, unadjusted):
114.4
113.5
120. 9
135.2
114.3
111.9
Combined index
do
55.4
58.1
90.5
82.5
68.4
59.6
Construction and maintenance
__do
122.6
120.5
129.2
147.4
125.7
123.4
Manufacturing
do
168.4 j 167. 1
166.7
169. 1
164.5
164.4
Mining
... do
132.6
131.8
142. 5
148. 6
138.2
133.4
Service
do
134.9
136.4
140.7
147.0
138.3
137.6
Trade
do
83.0
90.3
89.4
83.3 |
82.8
88.8
Transportation
.. do
Finance:
2,540
2,955 | 2,413
3,340
2, 682
2,938
Bank debits
mil. of doL.
111
105
105 I
91
100
98
Commercial failures
number. _
Life-insurance sales, new paid for ordinaryf
30,265 ! 32,248 | 31,779
28, 530
31, 500 31,820
thous. of doL.
Security issues and prices:
115, 271 116,577
95, 037
89,109 i 480,819
75. 793
New bond issues, totalt
do
101.9
100.2 j 99.8
101.4
96. 1
101.9
Bond yieldst
1935-39=100..
90.3
88.4 I 73.3
65. 5
90.2
66. 5
Common stock prices!
do
Foreign trade:
100, 532
72,314
83,465 I 84, 693 I 110,764 111,622
Exports, total
thous. of doL.
6,598 I 8,628 I 5,082 I 23,466
13,570
9,460
Wheat
thous. of bu_.
723
509
559
716
520 i
Wheat
flour
thous. of bbL.
90, 705
76,734 i 85, 980 ! 100,537
Imports
thous. of dol.. 89, 632 71,042
R ail ways:
195
219 |
240
218
237
199
Carloadings
thous. of cars..
Financial results:
30, 145 ! 29,916
34,630
33, 914
30, 000
OperatiLg revenues
thous. of dol._
25,643 ! 25, 569
25. 422
27, 303
27, 557
Operating expenses
do
3,271
3, 335
3,077
5,760
7,657
Operating income
do
Operating results:
2, 559
2,785
2,930
3,504
2,, 757
Revenue freight carried 1 mile.mil. of tons..
134
124
141
168
180
Passengers carried 1 mile
mil. of pass..
Production:
Electric power, central stations
I, 579
2,407
2,367
2,426
2,399
2,672
mil. of kw.-hr._
84
89
91
87
92
93
Pig iron
thous. of long tons..
174
173
140
157
153
166
Steel ingots and castings
do
1,344
1, 283
1,247 1,257
L, 170
Wheat
flour
thous. of bbl._
r
120.9
128.6
130. 1
129.0
129.7
128.3
130.5
131.9
130.2
127.4
133.8
137.3
126. 5
143.9
169. 3
119.9
143.9
134.4
142.3
148.6
223.0
113. 1
148.6
132.2
124.4
146.4
143.4
107.6
146.4
124.7
117. 1
146.9
278.2
109.8
146.9
123.2
128.0
140.6
187.4
111.2
142.3 ,
117.2
123. 5
145. 1
244.3
116.7
141.9
126.2
122.7
102. 1
126.8
139.3
130.6
109.9
102.3
120.0
153. 4
141.4
110.6
98.2
107.2
135. 5
128.3
112.3
99.2
108.8
119.3
148.8
112.8
100.3
114.8
132. 7
136.0
112.5
107.1
125. 1
119.9
171.6
116.8
105.4
123. 3
130. 5
171.0
115.3
131.6
136.6
108.9
101.8
102.2
100.0
60.3
52.0
97.7
52.8
41.8
101.8
82.0
78.7
96.3
113.8
117.5
97.3
116.4
123.7
83.8
105.6
82.4
105.9
82.7
106.4
83.1
107.0
83.3
107.8
84.0
108.0
84.2
108.3
84.6
124.7
105.0
130.3
167.2
149.2
142.8
93.7
127.9
114.3
134.4
168.1
155.4
141.4
94.8
131.6
121.1
138.4
170.2
157.1
142.9
94.6
136.2
121.1
143.8
172.3
147.3
146.8
94.3
139.2
120.5
144.6
174.0
148.8
148.9
93.5
139. 1
105.9
144.7
172.6
147.8
154.4
92.5
134.2
83.0
142.5
167.6
149.5
160.8
88.7
2,623
99
2,458
86
2,571
66
3,527
3,049
92
3, 208 I 2.941
28,159
24,698
26,156
31,210
32, 899
83,162
101.1
66.1
84,668
100.0
69.3
404, 627
98.9
75.8
108, 976
98.6
74.2
108, 576
98.0
74.5
330,167
97.0
70.3
84, 235
96. 3
71.3
101,463
11,868
314
89, 496
111,360
11,401
576
96, 836
102, 778
9,500
551
86, 287
106, 791
9, 659
750
108, 645
118,404
17, 278
683
102, 284
98,711
11, 762
346
102, 302
88, 953
4,880
248
256
252
281
38,398
30, 402
6,042
37,409
30,240
5,166
37,319
29, 463
6,248
3,260
219
2,987
248
2,615
96
170
1,223
2,500
172
1,291
95 !
79
33,727 I 28,326
259
231
40, 504
28,573
10,257
38, 869
26, 964
10, 024
3,547
172
3,371
158
3, 772
2,400 I
105
165
1,636 I
2,487
109
185
1,873
2, 525
110
176
1,588
2,584
110
185
1,076
229
40, 221
28, 602
9,944
3,385
190
~98~382
2,635
103
186
1, 177
Revised.
tData on life-insurance sales revised beginning September 1936; for revisions see p. 56 of the September 1940 Survey. For revisions of new bond issues for 1939 see p. 56
of the March 1941 Survey. All Canadian index numbers to which this note is attached have been revised to a 1935-39 base; earlier data for these series will be shown in a
subsequent issue. Common stock price and bond yield indexes have been converted to the new base by multiplying the old series by a constant. T h e production and distri bution indexes have been completely revised and no comparable data prior to January 1940 are available at this time. January 1940 data for production and distribution
indexes are as follows: Physical volume of business, combined index, 113.8; industrial production, combined index, 123.8; construction, 94.9; electric power, 111.0; manufacturing,
130.2; forestry, 120.7; mining, 116.4; distribution, combined index:, 96.7; carloadings, 113.4; exports, volume, 132.4; imports, volume, 128.2; and trade employment, 107.0.
^Beginning with July 1940, data are reported by the Industrial Truck Statistical Association and cover reports of 8 companies. They are approximately comparable with
previous data which were compiled by the Bureau of the Census.
INDEX 7 0
!
i
ESS STATISTICS
4 S S I H C A T I C N , 13Y S £
Page
31
27
-» . 19,36
I' ^"
r*'»i*il» business statistics
ii .vmrss indexes .
Cornn'orfitv p*i'es_
..
1 <Aistruft:i»n aud real e s t a ' e
Ooi'At-atu tra.le
_
E m p l o y m e n t confhti«ns»
L, HI,'
1 *
n.in:nv
I rsy^n node _ _ . .
Tt m'vrtation and ccmi:iunic«
ti ms .
. _ .
Statistics on individual ir.c'ui
tries.
Chenrcals and allied p^oJu ts
f let.trie power and ^as _ __
Foodstuffs and tobacco „.
Fuels and byproducts. _ _
_
Leather and products _ .
Lumber and manufactures
Mffais and manufacturer
Iron and steel
. - . .
Nonferrous merals "nd products
..
...
Machinery and apparatus
Paper and printing
_
KubbT and product* _
Stone clay, an I gloss product*
Textile produt ti
._
Vi mspoitation equipment
Canadian statist -R „ _ _ . .
F.scf r/,' h
37
46
47
F e d ' T.< s. <fvr;
Ft-, e r I- u j h i
>i.d-i«..,
Fc Krai
54
50
*••«,<
Fir,
. _ ,
'
i.) •'(
d
>
i
' •
. >
•'
s
.••
n
M' 4, - -yi 'U oil
C
.
«•
"•""•.
ri
'
-
' ' .'..•'[', tti 'i*\ . .
?
,
it i
' 4 i , J > ',
*
'
fi't
r
.
,V '• " '
L' -Ttwi. * i, t«n i i«icj«iii.T>-rurts
20 i i / 2 J " l,i
? - . - s <^'
iV'(;,.
Ci.'^.
\Q
»1M.N
?ie*h"- 1
_
_
»n • i i f - a ^ n i i r n
.
.
.
l')
.
3-1,4i, \
! ) . ! f U ' t i l s 3 ' j * itcf. G o v r a n n n f
,>*'.'• v i t - " M p ' o / m - m , p i / i v > ! l « *.*+»(••'
2"
j f T ^ r - j r - ! * t n s f s ? u ! e J , S t o r k » ' o l ' ' , <(s ll«
, 54
.*'
"I
o c
l !
. --
25
-
25,
• f-m*>9.. 2 2 , 23
»
...
31
bai KS 31
39
55
23
. . _ 40,45
40
. . 47.48
. .
43
19,20, 21,
r! ^ , 4 3 , 4 4 . 4 5
' ' /; ,28, 2<),47
23
50
55
38
38
. . _ 21,42
50
.32,45,46
. . . 48,49
41
. . . 21,46
. . _ 37.46
45
55
, 28, 2<?, 53
47
32
24
.35, 42,43
53
. . . 415,47
43
23
23
54
38
21,22
27, 28,30
38
37
19
33
24
._ 19,20
31
25
32
31
21
19,
, "'.3, 4i\49
46
27
44
44
. . 20,50
,.U, 32,47
40
. 43.44
23, 30,31
. 55.56
_
. _ 54
46
, 29,47,48
54
- ?8, 29,50
,
19,
,"13,37,50
24
* 1 .
C s '•
..
r*,/;. 28, 29.30
21
30
21
. . 33.34-
i lex
50
' - n l* i» v '
S
i
V *
•
• r . p ' *> -ui •
.i'-j i ' , t n l p i . -
J
f
' ^
i'-ngtnc '"ing v-.nvi ,
E > t i r ti, < r m s f ,,
^ v p o d i irc» * 'ri.t<
,r*j.:iculf p t l p'Oi K t s , tor-it>n IT-MIC .
"
r
•'
27
25,26,27
27
27
38
22
32
• a - 4 ._
33
39
37
F u i p l o 1 <icnt s"' , T
a ' W i-M^cr atju cloth (roatr i'
• s - , i,
i
67
CLASSIFICATION, BY IN
'
/•
,t
K u u i c x v v -, p,
F ,ip! /Vi.iMii e*u.
2.")
Ac* e; i'u-i J .
23.29,30
19,21,44
20,
(,28,29,51
s .
41
-2
M ' M ' i •'
N A - sf r
W v r * .l-V
\ _ 20,21
. . . 10,20
. 27,28
. c/ls,
27, 28,30
19,
-" .".,29,37,44
.. : l \ 32,33, 48
39
33
42
20,27,28
39
»»u' 27,28,30
Page
Newsprint
52
New York, employment, pay rolls, wages. 27,28,30
New York canal traffic
38
New York Stock Exchange
_ 35,36
Oats
43
Ohio, employment
27
Oils and fats
39,40
Oleomargarine
40
Orders and shipments, manufacturers'
20
Paint sales
40
Paper and pulp
19, 20,21, 22,26,28, 29,51, 52
Passenger-car sales index
24
Passports issued
38
Pay rolls:
/ d
Factory, by cities and States
IT
28
Factory, by industries
27,28
Nonmanufacturing industries
28
Pennsylvania, employment, pay rolls, wages.
2 7,
28,30
Petroleum and products.._
19,
20,21.26,27,28,29,33,46
Pig iron.
48
Porcelain enameled products—
49
Pork_.
44
Postal business
24
Postal savings
„__
31
Poultry and eggs
19,21,44
Prices (see also individual commodities):
Retail indexes
21
Wholesale indexes
21, 22
Printing
19, 20,26, 28,29,52
Profits, corporation
33
Public relief
30
Public utilities
22,27,28,32,33,34,35,36
Pullman Co
38
Pumps
50
Purchasing power of the dollar
22
Radiators
48
Radio, advertising
24
Railways, operations, equipment, financial
statistics, employment, wages
19,
20,27,28,30,34,35,36,38,55,56
Railways, street (see street railways, etc.).
Ranges, electric
51
Rayon
20,22,54
Reconstruction Finance Corporation, loans.
34
Refrigerators, electric, household
51
Registrations, automobiles
55
Rents (housing), index
21
Retail trade:
Automobiles, new passenger
.
24
Chain stores, variety (5-and-10), grocery,
and other
24,25
Department stores
25
Mailorder
_
25
Rural general merchandise
25
Rice
_
43
River traffic
38
Roofing asphalt
41
Rubber, crude, scrap, footwear, tires and
tubes
19,20, 21,22,26,28,29,52,53
Savings deposits
31
Sheep and lambs
44
Shipbuilding
19, 20,26,28, 29
Shoes.
19, 20,22,26, 28,29,4.7
Silk.
•.—_._
20,22,54
Silver
_
33
Skins
_
46,47
Slaughtering and meat packing
19,
>
20,26,28,29,43,44
Spindle activity, cotton, wool
54
Steel and iron (see iron and steel)
S teel, scrap, exports and imports
48
Stockholders.„
36
Stocks, department-store (see also manufacturers' inventories)—^
.
25
m
Stocks, issues, prices, sales, yields
34,35,36
Stone, clay, and glass products
19,
"1
20,26,28,29,31,32,53
Street railways and buses
27,28,37
Sugar
_
44
Sulphur
39
Sulphuric acid
.
39
Superphosphate
39
Tea
_
44
Telephone, telegraph, cable, and radiotelegraph carriers
27,28,33,39
Textiles
20,22,26,28,29,30,31,32,54,55
Tile
53
Tin
50
Tobacco.
20,26,28, 29,30,45
Tools, machine—
26,28,29,50
Travel,.._
38
Trucks and tractors, industrial, electric
56
United States Government bonds
35
United States Government,
finances
33,34
United States Steel Corporation
36,49
Utilities
22,27,28,32,33,34,35,36
Vacuum cleaners
.
51
Variety-store sales index
._
24
Vegetable oils
40
Vegetables and fruits
21,42
Wages, factory, and miscellaneous
28,29,30
Warehouses, space occupied
24
Waterway traffic
38
Wheat and wheat
flour
_
37,43
Wholesale price indexes
21,22
Wire cloth
50
Wisconsin, factory employment, pay rolls,
and wages
27,28,30
Wood pulp
51
Wool
20,22,54
Zinc
50
@FedFRASER