Full text of Survey of Current Business : August 1941
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AUGUST 1941
SURVEY
OF
CURRENT BUSINESS
UNITED STATES
DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON
V O L U M E 21
NUMBER 8
UNITED STATES DEPARTMENT OF COMMERCE
JESSE H. JONES, Secretary
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
CARROLL L. WILSON, Director
SURVEY OF
CURRENT BUSINESS
Volume 21
AUGUST 1941
Number 8
CONTENTS
The business situation
The emergency price control bill of 1941
Creation of the Economic Defense Board
Imports in heavier volume
Output expands at slower pace
The supply of copper
The nature of the recent inventory advance
The rising volume of residential construction
SPECIAL ARTICLES
Income payments by States
Revision of the seasonally adjusted index of new passenger automobile sales
CHARTS
Figure 1.—Monthly business indicators, 1936-41
Figure 2.—Imports of merchandise for consumption, 1939-41
Figure 3.—Index of industrial production adjusted for seasonal variations, first world war, 1914-18, and second world war, 1938-41
Figure 4.—United States supply of refined copper, 1925-29 average
and 1936-41
Page
3
3
4
4
6
7
8
9
11
18
2
4
6
7
Page
Figure 5.—Indexes of value of manufacturers' inventories, December
31, 1938-May 31, 1941
Figure 6.—Number of new dwelling units in nonfarm areas by type
of ownership, 1920-41
Figure 7.—Expenditures for residential construction in nonfarm
areas by type of ownership, 1920-41
Figure 8.—Indexes of income payments for Continental United
States and the northern regions, 1929-40
Figure 9.—Indexes of income payments for Continental United
States and the southern and western regions, 1929-40
Figure 10.—Indexes of dollar sales of new passenger automobiles,
1933-41
Figure 11.—Correction for the effect of the change in the average
introduction date of new models of passenger automobiles, 1935-41
1
9
10
11
12
18
19
STATISTICAL DATA
Revised series:
Table 22.—Estimates of nonagricultural employment
20
Table 23.—Freight-car loadings
21
Monthly business statistics
S-l
General index
Inside back cover
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402798—41
9
SURVEY OF CURRENT BUSINESS
August 1941
Monthly Business Indicators, 1936-41
INDUSTRIAL PRODUCTIONj
175
INCOME PAYMENTS
160
(VOLUME, 1935-39= 100)
150
140
125
120
100
100
75
1937 1938 1939 1940
PRODUCTION OF NONFERROUS
250
METALS a
PRODUCTS*
100
150
./
100 b *
\
50
s/
1 1 1 1 1 1 1 M
1 1
M 1
I I 1M
1936
J
80
1 1 1 1 1 1 1 I 1 1 1
1937 1938 1939 1940
60
..ml.....
1941
(1924-2 9 = 100)
/
j
J
IU J
V
\
w
MM,!
MM.J.M.I
M i n i . . . . .
M M l l 1 MM
1937 1938 1939 1940
1941
WHOLESALE PRICES
100
(1926- 100)
90
150
EMPLOYMENT
(ADJUSTED)
_J
80
100
^
!,,,«
CASH INCOME FROM FARM MARKETINGS"
1936
1941
(1923-25 = 100)
S
.....I.....
1937 1938 1939 1940
FACTORY EMPLOYMENT AND P A Y R O L L S
200
\
90
70
M .
-
I M . I I M M .
1936
1941
(1935-3<3 = 100)
200
'
80
11111111111 11111111111 11111111111111111111111111111111111111111111111
1936
(1935-3<3 = 100)
'"A
j
/
-
PAYROLLS
(.UNADJUSTED)
70
50
0
IlIlM
l i i m
1936
JllLl lillLL
|M|||
l , I 1 f 1 1 1 1 1 1
60
1 1 1 1 1 1 1 1 1 1 1
1937 1938 1939 1940
ii JJ LLI I I I I MM.I.MH
1936
1941
FREIGHT-CAR LOADINGS*
175
!n,l>
,,,,,1
,
1937 1938 1939 1940
i
1941
CONSTRUCTION CONTRACTS AWARDED
125
(1935-3 9= 100)
(VALUE, 1 9 2 3 - 2 5 = 100
3-MONTH MOVING AVERAGE)
150
100
125
100
75
V
\
I.MM
V
r
A
1
75
50
25
11111111111 1 1 1 1 1 1 M 11111111111
1 1 1
11111111111 1 11 11 1 1 1 11 |
1936
1937 1938 1939 1940 1941
* ADJUSTED
FOR SEASONAL VARIATIONS
#
1936 1937 1938 1939 1940
EXCLUSIVE
Figure 1.
OF GOVERNMENTAL PAYMENTS
1941
D.D.4I-
August 1941
SURVEY OF CURRENT BUSINESS
The Business Situation
activity continued to move forward in
BUSINESS
July with little evidence of the usual summer dullness. Aggregate production advanced at a pace slightly
i educed from that of previous months, but rising
demand for material by the armament industries forced
curtailment of activity in some civilian lines. Save
for isolated instances—notably petroleum, the supply
of which to the Atlantic Coast States was reduced by
tanker transfers to the United Kingdom—transpoit
facilities remained adequate as weekly freight loadings
again approached 9(30,000.
Construction work was unimpeded, with defense
building reaching a peak and housing construction
being further expanded. Retail trade made a new
peak, with the indexes rising sharply as the usual midsummer slump was not in evidence. Dealers were
finding it increasingly difficult to assure prompt delivery of important consumer durables whose output
now is about to be generally curtailed.
The multitudinous forces bearing on both supply
and demand were perhaps best summarized on the price
front, where a general lise was experienced.
The Emergency Price Control Bill of 1941
Introduced into Congress.
That stronger efforts wrould be necessary to limit
effectively the price advance was formally recognized
at month's end w^ith the introduction of an emergency
price control bill into Congress. The bill as it was
originally introduced would make legally enforceable
any price or rent ceilings established by those to whom
the President delegated his authority. The lack of such
definite power has been a source of considerable tiouhle
to the Price Administrator in past weeks.
In addition, the bill provides for a number of other
methods of implementing price control. These include,
among others, the regulation or prohibition of speculative practices and objectionable marketing methods
and the control of inventories. Moreover, the bill
would provide authority for the Government to enter
the market directly, buying from high-cost producers
at prices necessary to encourage maximum output and
selling at its own price. Finally, where it might simplify matters administratively, the bill would provide
that licenses be required as a condition for conduct ingtransactions.
It is apparent that no over-all price ceiling is anticipated. The bill suggests that in determining the price
ceiling for any commodity, consideration be given to
the price which prevailed on or about July 29, 1941.
However, adjustments can be made for all relevant
factors, including speculative price changes, production
or transport cost alterations, and the profit situation of
the sellers in the year ending July 29, 1941, and subsequently. The President is empowered to obtain all
required information from producers and other sources
to make necessary decisions.
A definite lower limit would be established for ceilings
imposed on agricultural commodities. The bill set this
minimum at either 110 percent of the parity price or
the market price prevailing for the commodity on July
29 last, whichever is higher. With the exception of meat
animals, cottonseed oil, and wool, prices of leading agricultural commodities were below 110 percent of parity
on July 15.
Rents would be brought within the scope of price
control only to a limited degree, with the President
given the right to designate defense areas within which
the rent of lower-cost housing units may be stabilized.
The control applies only to units (including newly
constructed units which are comparable) that rented
for $15 a room per month or less when the region was
designated a defense area. Rents must have risen 10
percent or more above the base before rent stabilization
can be effected.
As may be seen even from the above short summary,
the powers set forth in the bill are very broad. However, the individuals affected are of course granted
the constitutional protection of the courts in respect
to their property. To facilitate judicial procedure, a
new court—the emergency court of appeals—would be
set up. Subsequent to the denial by the Government
of a protest regarding any of its orders, the protestant
might appeal to this court. The court's decision in turn
could be appealed to the Supreme Court.
In turn, violation of the act (including the falsifying
of documents or reports) could be punished after guilt
were established in Federal court. Moreover, the
buyer of a commodity sold in violation of a price ceiling
might either recover the sale price or receive triple the
amount by which the sale price exceeded the ceiling, in
addition to court costs.
The pace of the price* advance in July was somewhat
modified from that of the preceding 2 months. The
weekly index of 887 commodities was up from 87.7 to
89.2—now above the peak of 1937. However, the fastmoving index of 28 basic commodity prices jumped
from 14(3 to 15\.
Farm and food prices showed signs of leveling off
during the month as the forces initiating the recent
move1' spent part of their influence. In most instances
the equivalent of the new loan rate on the commodities
subject to loan has either been achieved or closely
approximated. Where the Government has purchased
in the open market to raise prices, it is believed that a
good measure of the original objective has been realized.
Import prices increased further during July as Japan
and China were added to the areas from which payment
for exports to the United States can only be obtained
SURVEY OF CURRENT BUSINESS
by license. Under widespread speculative activity,
silk quickly moved from $3.03 to $3.59 a pound, before
a price ceiling of $3.08 was established. A wide range
of other import commodities including tin, rubber,
copra, and sugar also advanced somewhat in price.
As the President suggested in his message to Congress
asking for price legislation, the rise during recent months
in food, household furnishing, and clothing prices lias
now reached the consumer. These items were principally responsible for the accelerated advance in the
cost of living as the Bureau of Labor Statistics' index
rose from 102.9 to 104.6 in June.
Creation of the Economic Defense Board.
Events in the international field of great significance
to domestic producers assumed a clearer shape in July.
Following close upon the freezing of Japanese4 assets in
this country, with a counter action in Japan, was the
establishment of a new economic defense board. To
this board was delegated the authority to develop our
economic policy with foreign countries.
In the recent past such policy has been implemented
along four main lines: the control of exports through
licensing by the export control board, the foreign funds
control dealing with international monetary and
property transactions, the control over shipping facilities exercised by the Maritime Commission, and the
preclusive buying performed by the Metals Reserve
Corporation. Coordination of these activities, as well
as the development of others, will be the responsibility
of the new board, the members of which include the
Vice President, as Chairman, and seven Cabinet
Members.
Freezing of the Japanese Assets.
The freezing of the Japanese assets on July 25 added
only about 130 million dollars to the more than 7 billion
of assets already under foreign funds control.
However, the economic significance of the action lay
in its possible effect on trade. Of course, the placing of
funds under control need not in itself arrest trade.
Other countries whose assets had previously been taken
under control (chiefly the continental European countries) had already been blocked from trading with the
United States to a large extent and the freezing of assets
had little or nothing to do with the cessation of trade.
If it be decided by the President that certain trade
should continue with Japan, the necessary licenses could
be issued for funds paid to Japanese nationals for current imports. Following upon the freezing order, the
Export Control Administrator was directed to "prohibit
the exportation of motor fuels and oil suitable for use in
aircraft and of certain raw stocks from which such products are derived77 and "limit the exportation of other
petroleum products . . . to usual or pre-war quantities."
Meanwhile, the at least temporary curtailment of the
import trade led to the issuance of an order by the Office
of Production Management stopping the processing of
raw silk. This fiber has in recent years accounted for
August 1941
about 60 per cent of the import trade with Japan, and
the annual inflow has normally been valued at approximately 100 million dollars. Development of synthetic
substitutes would undoubtedly ease the dislocation if
imports of the material should stop altogether, but pending clarification of the situation, shutdowns were widespread through the industry.
Other*! imports from Japan—cotton manufactures,
fish, tea being fairly large—-are not sufficiently important to cause much dislocation if they should be cut off.
Nor has Japan recently been an important market for
American merchandise. Within the past year our exports to Japan have been more than halved, and in May
were only 6.6 million dollars. Information is not publicly available as to the character of the trade in the
most recent months, but through April, shipments of
petroleum and steel and their products were the most
MILLIONS OF DOLLARS
350 1
200
150
100
...-'" V"
STRATEGIC AND CRITICAL
50
1939
1940
Figure 2.—Imports of Merchandise for C o n s u m p t i o n ,
D e p a r t m e n t of Commerce).
1941
1939-41 (U. S.
important in dollar terms. Cotton shipments had fallen
off very seriously from the previous year, as Japan was
drawing her supplies from India, China, and Latin
America.
Imports in Heavier Volume.
Despite the spread of foreign funds control, the expansion of export licensing (roughly 43 percent of our
exports in May required licenses from the export control board), and the growing difficulties with shipping,
both exports and imports were higher in the second
quarter than in any other period since 1930.
June exports were reported as 332 million dollars,
while imports were placed at 261 million. The total
in each case was under that of May, when exports were
376 million dollars and imports 28 ^million.
May imports—the latest for which any details are
available—revealed a continuation of a number of
important tendencies. The total value of imports in
May exceeded those of a year previous by 38 percent
and were 45 percent above the value in May 1939.
Only a minor part of the increase since 1939 is the
result of price advances.
The changes in the composition of imports usually
associated with a rise in the national income had been
SURVEY OF CURRENT BUSINESS
August 1941
further accentuated by the peculiar demands of the
defense program and the shortage of shipping facilities.
Imports of crude materials and semi-manufactures have
advanced steadily in relative importance and in May
were 62 percent of the total. Foodstuffs imports continued heavy, while import of finished manufactures
had experienced no important decline despite the closing
of Continental Europe.
Of the crude materials, the most important, of course,
are those classified as strategic and critical. Over the
year, the inflow of such materials has risen more
steadily and to a larger extent than other imports (see
fig. 2). In May, strategic and critical materials valued
at 105 million dollars comprised 37 percent of the total;
whereas, in July of last year the 65-million-dollar inflow
was only 30 percent of the aggregate. The largest of
such items has been rubber. This reached United
States ports in the record value of 40 million dollars
during May, which may be contrasted with a 30 million
average in the preceding 4 months and a 20-milliondollar inflow in May 1940.
Other materials important to the defense effort imported in large volume in May were copper (9.9 million
dollars); tin (13.7 million); and wool (18.7 million). As
the stockpiling program is now conceived, only a portion
of the total materials the United States hopes to acquire
have been delivered thus far. The proportions vaiy
for different commodities, the stocking of tin, manganese, and chrome, for example, lagging behind that of
rubber and tungsten. In many cases, only a part of the
imports for the Government actually reach the stockpile, for industrial consumption is of a size as to require
use of a portion of these imports each month.
Table 1.—Imports of Merchandise for Consumption, by
Countries
ments from the United Kingdom have been maintained
surprisingly well, being about 10 per cent lower in the
first 5 months than a year previous.
Shipping of Increasing Importance.
In coming months the volume of imports will be
mainly governed by political developments in the
Pacific and by the availability of shipping. The situation in regard to shipping is of course steadily worsening
and is expected to continue to do so at least until 1942.
New construction in the United States during the first
6 months amounted to 327,000 gross tons. But this,
plus British construction and the acquisition of 480,000
gross tons of immobilized foreign vessels, have admittedly fallen short of the 2,540,000 gross tons announced as sunk in the same period.
Table 2.—Employment of American Steam and Motor Merchant Vessels of 1,000 Gross Tons and Over During Selected
3-Month Periods of 1939, 1940, and 1941 i
[In gross tons]
Three-month period ended—
Increase or decrease
J u n e 30,1941 from—
Service
J u n e 30,
1939
M e r c h a n t fleet, total
8 127, 773 7, 226, 993
Laid-up vessels, total_ _ 1 735, 5G1
Government ownership
770,188
Private o w n e r s h i p . . . . . . . . . . _.
965, 373
\ c t i v e in trade, total
Foreign trade, total.
Europe
..
Orient, F a r East, and India
Australasia
..
AfricaSouth America
N e a r b y foreign 3 . . Foreign trading foreign 4 ...Around t h e world
Coastwise trade, total
Intercoastal
_ _
Other t h a n intercoastal
Dec. 31,
1940
0 392, 212
2 094, 212
704,649
213,181
64, 554
81. 747
319, 515
532, 562
75, 880
102, 124
4 298,000
1, 022,152
3, 275, 848
721 185
371 523!
349, 062
J u n e 30,
1941
J u n e 30,
1939
Dec. 31,
1940
808 425 -1,319,348 -418,568
138 392 -1,597,169 — 582,793
87 199 - 6 8 2 , 989 -284,324
51 193 -914,180 -298,469
6, 505 808:6 670 033
2, 434 408i 2 816 141
* 00,135 2 74 627
732, 027 767 140
93 564 102 253
247, 461 290, 824
484, 624 463, 246
631, 916 873, 560
12, 148
81, 183
172, 533 163, 308
4 071, 400 i 3, 853 892
745, 266 573, 674
3, 326, 134 3, 280, 218
+277, 821
+721,929
—630, 022
+553, 959
+37, 699
+209, 077
+143, 731
+340, 998
+ 5 , 303
+61,184
—444 108
- 4 4 8 , 478
+ 4 , 370
+ 164,225
+381,733
+ 14,492
+35, 113
+ 8 , 689
+43, 363
-21,378
+241,644
+69, 035
- 9 , 225
— 217 508
-171,592
-45,916
1 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.
i
Ships engaged in operations in foreign ports.
2
[Thousands of dollars]
3
M a y 1939 I M a y 1940 M a y 1941
Source: United States Maritime Commission.
203. Wr-i
Total imports...
2M,3. r >!
Insofar as American-flag shipping itself is concerned,
the
over-all depletion has created the necessity for an
:•><;. 17!
L'3. % 1 I
2«>. >s7t ,
11.317 i
9, ! M ,
emergency
pool of American vessels which is to total
12. 3CX |
12! f:si
13. 033
2
million
gross
tons. A proportion of this tonnage al00. 507 1
,)f). 771
•19. 553
\ 72') '
12. HvS
ready has been made available to the British, especially
for hauling* material and supplies to the Red Sea and
With the shift in the composition of imports and the Far East, from the United States. Of course, these
closing of Europe, has come a steady change in the vessels are in many instances bringing back necessary
relative importance of various areas as a source of materials to the United States.
import supply. Imports from Latin America, Africa,
Transfers to the British and other foreign flags, as
and Asia other than Japan—-the raw material producing wrell as further requisitioning of vessels by the Army
areas—are continuing to grow, both in the aggregate and Navy, more than offset new construction and
and as a proportion of the total. Receipts in May reduced the merchant fleet of the United States 419,000
from each of these areas were approximately double the tons between December and June, leaving a total of
1939 rate. Together they formed about 70 percent of 6,808,000 tons. Since the outbreak of war, the Army
total imports, while in 1939 they were only 50 percent and Navy have acquired 1 million tons, or about onoof the smaller total. Imports from Canada also have eightli of our prewar merchant fleet.
risen sharply, with a value of 48 million dollars in May
But as table 2 indicates, American vessels active in
of this year as against 36 million in May 1940. Ship- trade increased more than 150,000 tons from the last
CanadaN o r t h America, excluding Canada
South America_.
United Kingdom
Europe, excluding United Kingdom
.1 apan
Asia a n d Oceania, excluding J a p a n
Africa
2S.0LV, j
J7.fi 17
1<; 3 17
....... A^l\
(
6
SURVEY OF CURRENT BUSINESS
quarter of 1940 to the second quarter of 1941 despite
the reduction in the size of the total ileet. This
increase was accomplished by returning to service
583,000 tons of vessels previously in lay up, only 138.000
tons now remaining in that category.
The heavier tonnage operating to nearby foreign
routes has constituted the major shift in the employment of American vessels since the end of 1940. For
the most part, this gain was achieved at the expense of
the intercoastal ship lanes.
Reports of ship clearances from American ports show
that the expansion of United States tonnage active in
our trade has been offset by an almost equal decline in
foreign shipping. Though the volume of goods flowing from and to the United States has to this time risen
in the face of reduced shipping space, it is apparent that
a severe shortage of shipping space now is general insofar as commercial cargo is concerned. Latin American
trade has been less seriously affected than that from
other areas, while Far Eastern trade has suffered the
most. Despite the growing difficulties, however, shipping should continue to be sufficient to haul essential
materials.
For 1942 the shipping outlook has been considerably
brightened by the Maritime Commission's request to
Congress for authority to expand the present shipbuilding program. Under the proposed revision. 6,642,000 deadweight tons would be delivered in 1942, more
than double the amount previously expected and well
exceeding the current rate of sinkings. A similar tonnage would be delivered in 1943.
industrial production, which appeared on the basis of
preliminary returns to have reached 162, a rise of 5
points over the June level. At this rate, the advance
in the unadjusted index would have been limited to a
single point, leaving it at 158.
Production Rate Now Double That in Last War.
Whereas a year ago, military output in this country
was only a small fraction of total production, it now is
beginning to assume, after months of "tooling up," a
substantial proportion of a much larger production
volume. Some appreciation of the present level of
aggregate industrial output is gained from noting that
it is just double that in the middle of 1938.
Moreover, the mid-1938 production level was approximately that which prevailed throughout the whole
period of the first World War, as may be seen by reference to figure 3. The present upswing is radically
different from the experience of a quarter of a century
80 - FIRST WORLD WA
Industrial production advanced somewhat more
slowly in July than in the preceding 2 months as some
industries cut output because of seasonal and other
considerations.
In every industry, however, demand has remained
extremely heavy. New business flowing to manufacturing industries in June had shown no signs of
slowing its record-breaking pace. The Department
of Commerce index of new orders for that month rose
to a new high of 228, up 10 percent even from the
unusual volume of the previous month. Though
almost all industries reported heavier shipments (the
index advanced from 180 in May to 190 in June), order
backlogs in industries producing durable goods again
expanded and at the beginning of July were almost 3
times those of a year earlier.
Where July output fell, as in the automobile, steel
and anthracite coal industries, the reduction was less
than that which usually has occurred in past years.
Moreover, in those industries producing directly for
defense needs, such as the machinery, shipbuilding, aircraft, and railway equipment lines, output gains continued unabated. The net result was another substantial advance in the Federal Reserve's adjusted index of
- SECOND WORLD WAR
i
i
1 \s
140
120
i no
1
80
60
|
40
!
1914
Output Expands at Slower Pace.
August 1941
I
1915
i
!
1916
1917
! 1 i 1 !
1
1
1
1938
!
!
1939
| • i • ;
1940
,
!S4i
DO 41-32.
Figure 3.—Index of Industrial Production Adjusted for Seasonal Variations, First World War, 1914-18, and Second World War, 1938-41 (First
World War data, U. S. Department of Commerce; Second World War
data, Board of Governors of the Federal Reserve System).
ago, when after an initial advance in 1915, first the lack
of plant, then a shortage of additional labor (caused
partly by growth of the armed forces), and increasing
frictions within the economy precluded any further
advance.
The availability of unemployed labor and plant has
made it possible to bring about the great expansion of
the past year with a minimum of friction. For the
time being, labor shortages are still a problem of second ary importance. The chief difficulty now is an inadequate capacity, both of finished plant and required raw
materials, for producing the type of commodities in
sufficient volume needed by the country at this time.
These capacity deficiencies are being rectified to some
extent. But the raw material problem, particularly
in the metals, has grown increasingly serious, and in
July it became more evident that consumer goods industries competing for scarce metals must face an accentuated curtailment of output,
Meanwhile, automobile production continued to be
exceptionally heavy for the model year end. Produc-
August 1941
SURVEY OF CURRENT BUSINESS
tion of 463,000 units (including a small Canadian
output) was a decrease of 15 percent from the previous
month, but in recent years the decline has averaged
more than that.
Steel production, one of the metals in short supply,
was down slightly in July, output being at about 96
percent of capacity. Producers complained of depleted
stocks of scrap and an inadequate supply of pig iron.
The two may be substituted for one another in the
production process to some extent, and the Office of
Production Management, looking to the future, recommended the construction of 6,500,000 tons of pig iron
capacity. This, the largest addition in the history of
the industry, would be completed in about 18 months.
the quantity is the maximum obtainable from that continent at this time. In addition, about 200,000 tons
of foreign ore are imported from Mexico, Canada, and
the Belgian Congo, refined under bond for reexport,
and sent for the most part to Great Britain.
Excluding the latter import and allowing for lagging
deliveries to the Metals Reserve Company because
of the shipping situation, the total supply available
this year for all uses probably will be in the neighborMILUONS OF SHORT TONS
2.5
IMPORTS OF REFINED COPPER
The Supply of Copper.
Copper is another metal so necessary to the arts of
war that a threatened shortage has developed very
quickly. Despite record domestic output (June mining of SO million tons was 9 percent over a year earlier)
and unprecedented imports of refined copper, estimates
point to a total supply this year that will probably fall
short of civilian demands, after the satisfaction of
direct and indirect defense needs, by 200,000 or more
short tons.
The copper situation is particularly interesting as an
illustration of the rapidity with which defense developments have altered the raw material outlook of many
producers of civilian goods. As late as last fall it was
believed by most observers that the copper supply
would be adequate, though supplies of certain other
metals might become short. The United States was
typically a net exporter of copper; there had been no
difficulty aside from price in expanding supplies in
World War I; moreover, United States companies had
large mines in Chile and Mexico, whose surplus could
be made available for this country's needs.
These observers, however, underestimated the magnitude of the defense program, the disproportionately
large amount of copper required by the equipment of
modern warfare, and the degree to which demand
would be expanded by the high level of income induced
by defense expenditures. Nor did most observers
foresee the rapidity or the degree in which the shipping
situation would be altered, making it difficult to enlarge
imports.
The current copper supply stems from a number of
sources, shown in figure 4. In the current year, copper
refined from domestic ores (roughly equivalent to
domestic mine output) will be 1 million tons or more,
slightly better than the previous record year of 1929.
To this may be added 100,000 tons of secondary copper
obtained from primary refiners.
Imports of refined copper, expanded enormously
from any previous volume, were expected to be 600,000
tons this year, the Metals Reserve Company having
contracted for 500,000 tons to be brought in duty free
Almost all of this import is from South America, and
SECONDARY COPPER FROM
PRIMARY REFINERS
REFINED FROM FOREIGN
ORES, MATTE, ETC.
REFINED FROM DOMESTIC
ORES
1925-29 1936
AVERAGE
1937
1938
Figure 4.—United States Supply of Refined Copper, 1925-29 Average and
1936-41.
NOTE.—Data for 1925-29 average and 1936-40 are from the U. S. Bureau of Mines except
data for secondary copper which are from the American Bureau of Metal Statistics. Estimates for 1941 by the IT. S. Department of Commerce and the Office of
Production Management.
hood of 1,650,000 tons. It should be pointed out,
however, that these calculations do not include about
300,000 tons of secondary copper recovered by other
than primary refiners, in brass, bronze, and other
scrap, and used again in alloy form.
Requirements on a basis comparable to the above
supply figures, including lease-lend deliveries, are
estimated by the Office of Production Management
at about 1.9 million tons. At least one million tons
will be required for direct defense and the maintenance
of essential services such as power transmission and
communications. Tn 1942, this figure will be even
larger.
Confronted with a shortage, the Office of Production
Management on May 31 issued a General Preference
order placing copper under mandatory control, and
refiners were ordered to set aside each month for
allocation by the Director of Priorities an amount equal
to 20 percent of April production. Metals Reserve
Company copper was also to be so allocated. On July 9
this order was amended to require both fabricators
and refiners to accept orders bearing preference ratings
and to use available copper first for such orders. Since
early August the entire supply has been allocated by
the Division of Priorities and the Office of Civilian
Supply.
Whether the supply of copper can be expanded
beyond the level now envisaged for 1942 depends upon
possible expansion of domestic mine output. Some
domestic refining capacity still remains unused. That
8
SURVEY OF CURRENT BUSINESS
August 1941
Practically all of this increase was associated with
the manufacturing industries, as their inventory rose
in value 1.1 billion dollars to the record high of 13.7
billion.
Stocks in the hands of the trade showed divergent
movements. Wholesalers expanded their holdings
about 400 million dollars, with a total value in June in
excess of 3.2 billion. Census reports indicate that
a very considerable amount of this increase was in the
hands of food and produce dealers, and these dealers
have been faced with a more rapid price advance than
others. Hardware dealers also had expanded stocks
more than the average.
Retailers, on the other hand, had actually reduced
inventories in the aggregate as depleted automobile
stocks were only partially offset by larger store inventory. Total retail holdings were valued very roughly
at 5 billion dollars as of the end of June, down about
400 million dollars from December. Automobile
dealers held under 300,000 units in stock, as contrasted
with 450,000 in December. But the Federal Reserve
adjusted index of department store stocks stood at
77 (1923-25 = 100), 8 percent above December (on a
value basis) and just one point below the recent high
in 1937.
Further evidence has been gathered to suggest that
the bulk of the inventory accumulation by manufacturers has been for the most part a normal accompaniment of a rapidly expanding level of production.
Though manufacturers' inventories are now the highest
in history, both in dollar value and physical volume, for
manufacturing as a whole, the ratio between total
physical stocks and production is lower today than
at any other time in the past several years.
Only a small part—less than 5 pel cent of the 16 percent aggregate increase in value from May 1940 to
May 1941 (the latest month for which detailed data
are available) can be attributed to revaluation because
of price changes.
As shown in figure 5, over the past year the inventory
The Nature of the Recent Inventory Advance.
growth in its aggregate has consisted exclusively of raw
Part of the rise in output occurring during the past materials and goods in process, the two increasing in
year has appeared in the form of larger inventories. value 20 and 50 percent, respectively. The value of
Most of this accumulation has been concentrated in finished goods remaining in the hands of manufacturers
the manufacturing industries, though goods in the hands actually was 5 percent smaller in May 1941 than in
of wholesalers and retailers have also increased some- May 1940.
It is useful to compare the inventory expansion of the
what. Thus, in June, the Department of Commerce
index of manufacturers' inventories advanced to 128, an past year with that of the year previous (which included
accumulation during the month of 200 million dollars— the speculative inventory upswing in the fall of 1939).
smaller than that in May but still representing a sub- In this earlier period, both raw materials and finished
goods stocks rose to a much greater extent as compared
stantial rate of investment.
Total inventories at the end of June could be roughly to the advance in output than has been the case during
valued at about 21.9 billion dollars, an increase of the past year.
On an absolute basis, rough estimates for the May
1.1 billion from the revised December estimate. Thus,
1940-May
1941 period indicate that the increased
the rise in the first 6 months of this year was only
inventory
was
about equally divided between raw
slightly smaller than the 1.2 billion expansion in the
materials
and
goods
in process, while finished goods
previous half year.
it is still possible to undertake the opening up of large
new low cost ore reserves is shown by the Morenci,
Arizona, property of Phelps-Dodge which around
November will begin to add 75,000 tons annually to
domestic production. But this mine took 5 years to
develop. Even existing high-cost mines in Michigan
and Arizona which may be reopened if a subsidy is
granted, and can possibly produce up to 150,000 tons,
will take 6 months to a year to get back into production. However, the Office of Price Administration and
Civilian Supply is at present pushing plans for payment
of a subsidy where it is required. Moreover, arrangements are being made for extension of financial and
amortization provisions for new capacity similar to
those employed in the construction of defense plants.
The most favorable development of such plans would
increase total supply barely to 2 million tons in 1942.
A ceiling price for copper of 12 cents a pound was
set on August 5. The bulk of the output had been
moving at that figure; although custom smelters and
smaller producers were selling at the previous ceiling
price of 12}^ cents. While it is interesting to compare
these prices with the bulk line price of 23V, cents fixed
in 1917 by the War Industries Board, when a large part
of the output cost only 12 cents per pound to produce,
it must be remembered that costs of mining and processing have been substantially reduced since, as a result
of improved technology.
It is clear that the initial incidence of restriction on
use will fall on such articles as automobiles, radios, air
conditioning apparatus, oil burners, water heaters,
refrigerators, washing machines, and yacht fittings.
But a 50-percent cut in output of these items, which,
account for 20-25 percent of domestic consumption,
would save only 150,000 tons of copper. Hence,
other uses, including possibly building, will have to be
denied or substituted for in 1942. Plastics can be substituted in a few lines. But the substitution of other
nonferrous metals generally is not feasible as they are
as scarce or scarcer.
9
SURVEY OF CURRENT BUSINESS
August 1941
inventory declined some 300 million dollars or about
one-third of the expansion of the other types. The
absolute increase of goods in process is even more
striking when it is remembered that in recent years this
type of inventory has constituted only about 15 percent
DECEMBER 31, 1938 = 100
200
175
migration now under way, and the relatively small
amount of building in the middle thirties. From 1930
to 1940, an average of only 220,000 nonfarm dwelling
units were started annually compared with an average
annual increase in the number of families of about
323,000. This left the Nation with an exceptionally
large backlog of unfilled housing needs at the beginning
of the present decade.
Moreover, the defense program has created the
necessity for an exceptionally large-scale movement
of workers into defense areas both for construction
and production jobs. For example, Detroit, typical of
various defense areas throughout the country, anticipates a net inflow of some 75,000 workers.
It is apparent that much of the housing need at
the moment is of an essential character and cannot be
THOUSANDS OF UNITS
800
1
1939
1940
1941 m 4,.3I5
Figure 5.—Indexes of Value of Manufacturers' Inventories, December 31, 1938—
May 31, 1941 (U. S. Department of Commerce).
of the total, with raw materials accounting for 40 percent and finished goods 45 percent.
Thus, the form which the increased inventories have
taken suggests that accumulation for speculative purposes has been of secondary importance. Such a
conclusion is substantiated further by examination of
the industries most actively engaged in expanding
stocks. About two-thirds of the increase is held by
producers of durable goods. Moreover, by far the
largest accumulation has been in industries expanding
output very markedly for defense needs: iron and steel,
machinery, nonferrous metals, and railroad equipment.
As might be expected, finished goods inventory held by
these manufacturers has declined to a necessary
minimum.
The Rising Volume of Residential Construction.
Construction activity again expanded in July. As
pointed out in detail last month, defense building was
scheduled to reach a peak this summer, with very
heavy construction of plant, airports, and various
military and naval bases more than offsetting a marked
decline in cantonment building. In addition utility
construction has been the heaviest since 1930. But of
as much importance as any other single factor in lifting
construction activity to its current high level has been
a very large demand for residential building.
The magnitude of the residential building likely to
be accomplished this year is shown in figures 6 and 7.
Following a decade of rapid decline and slow recovery,
this year will probably witness the construction of close
to 650,000 nonfarm dwelling units, a number only 8
percent smaller than the average of the twenties,
though about 30 percent below the peak volume of 1925.
The present heavy demand is chiefly the result of
the high level of income, the extraordinary internal
40279S—41
2
I PUBLIC
• PRIVATE
600
400
200
1937
1938 1939 I94O 1941
CD. 41-325
Figure 6.—Number of New Dwellings in Nonfarm Areas by Type of Ownership,
1920-41 (U. S. Department of Labor, except for 1941 which was estimated by
the U. S. Department of Commerce).
postponed. However, some curtailment of the nonessential building appears inevitable before the year
is out, through operation of the priorities system. No
shortage of building labor is yet apparent as in the last
war, when competing types of construction drained
workers from residential building. Moreover, no overall shortage of materials is yet in evidence or is likely.
But dealers are experiencing growing difficulty in obtaining delivery of metal products and fixtures, particularly for plumbing, heating, and refrigeration.
Residential building uses only small fractions of
the total supply of the scarce metals—700,000 homes
of average size would take less than 4 percent of the
copper and zinc supply. Nevertheless, priorities already are exerting some retarding influence and plans
are being formulated to give necessary housing in defense areas a high priority rating. Transport difficulties such as those now appearing in west-coast lumber centers may also have a dampening effect on building activity.
The nature of the present housing demand has made
necessary a large amount of public building. An initial
coordinated program has been undertaken by various
Federal agencies providing for about 125,000 dwelling
units at a cost of 493 million dollars. Another bill is
10
SURVEY OF CURRENT BUSINESS
now before Congress, which will appropriate a further
300 million.
As of July 26, contracts had been let for 76,000
public housing units, and 25,000 of these had been
constructed. About two-thirds of the completed units
are for use by married enlisted personnel and civilian
employees of the Army and Navy.
From now on emphasis will swing heavily to housingunits for civilian industrial workers as newly constructed
private and Government plans are brought into production. In addition to public housing, it is estimated
that a large proportion of the private residential building is being undertaken in defense areas. Last year
these regions contained about two-thirds of the aggregate residential construction and at least this proportion is expected in 1941.
A significant aspect of the present increase in residential building activity is its occurrence in the face of
rising costs. During the past year building costs have
August 1941
advanced about 10 percent, with higher wage rates and
higher material prices contributing about equally to
the increase.
BILLIONS OF DOLLARS
4
1 I PUBLIC
ffli PRIVATE
Figure 7.—Expenditures for Residential Construction in Nonfarm Areas
by Type of Ownership, 1920-41 (U. S. Department of Commerce).
August 1941
SURVEY OF CURRENT BUSINESS
11
Income Payments by States
By Frederick M. Cone
the exception of one State, total income
WITH
payments made to individuals in the various
in California factory pay rolls account for only 15 percent of the State's income as compared with 34 percent
States were larger in 1940 than in 1939. If the States for Connecticut; so the resultant rise in income was
be banded into regional groups, every region received only 9 percent.
increased income. For the country as a whole, the
Following closely upon Connecticut was Michigan,
aggregate of income payments reached 75,512,000,000 recording an 11-percent increase over 1939, largely as a
dollars,1 an advance of 7 percent above that of the result of a marked rise in automobile and defense outprevious year.
put. Increases of 9 and 10 percent were shown by
Although the increase in income was largest in the several other industrial States and by scattered States
industrial areas of the country in 1940, and smallest in in the agricultural sections of the country, particularly
the agricultural sections, it was surprisingly uniform as the Mountain States where mining plays an important
among the different regions. The evidence is clear,
1929 = 100
therefore, that the stimulus of defense production was
120
having favorable repercussion on an almost nation-wide
100
basis.
s NORTH ATLANTIC STATES
Increases of 8 percent appeared in income payments
80
to the New England and Pacific Coast States, in both
of which areas defense production is of particular im60
portance. A similar gain w^as registered by the East
^CONTINENTAL UNITED STATES
North. Central States, containing a variety of heavy in! !
40
dustries essential to the defense effort. The highly in120
dustrialized States of the Middle Atlantic area showed
the somewhat smaller advance of 6 percent for the
I0O
period. Though the sharp rise of industrial activity in
the South Atlantic States was partly offset by a decline
in the foreign demand for tobacco and a slight drop in
farm income, income payments in this area rose 7
percent.
The agricultural States of the West North Central
40
I
!
I
I
I
!
!
I
!
!
I
and Mountain areas benefited indirectly from the indus120
trial pick-up, and their higher farm income brought an
increase in total income payments of approximately 6
percent, slightly less than the national average. Only
in the deep Southern regions were the effects of the rise
in manufacturing activity less marked. There the decline in farm income held the income payment advance
to about 4 percent.
The individual States themselves showed gains
40
1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940
widely dispersed about the 7 percent increase for
DD. 41-343-A
the continental United States as a whole. Connecti- Figure 8.—Indexes of Income Payments for Continental United States
and the Northern Regions, 1929-40 (U. S. Department of Commerce).
cut led the Nation as its 12 percent increase in income
payments attested to the importance of defense in- part in the State economy. But for the most part, industries in that highly industrialized State. California, creases in the predominantly agricultural States ranged
center of the vital airplane industry and an important between 4 and 6 percent. Mississippi had a slightly
shipbuilding State, experienced an industrial boom smaller volume of income payments in 1940 than in
similar in magnitude to that of Connecticut. However, 1939.
1
It should be noted that the changes in income payThe income payments totals shown in this article differ slightly from the annual
totals of the monthly income payments shown in the July Survey of Current Business.
ments
understate to some extent the changes in ecoThe differences are largely attributable to salaries and wages received by employees
of the Federal Government domiciled abroad or in the territories and possessions. nomic activity as between different regions. The
Another item of some importance is the small volume of dividends and interest paid
distribution of certain types of income, notably the
out by domestic corporations and received by residents of Hawaii, Puerto Rico, and
Alaska.
return to capital, is nationwide in character and inde-
1
1
1
!
1
!
1
I
12
SURVEY OF CURRENT BUSINESS
pendent of purely local conditions. Other forms of
income, such as relief and social insurance benefits,
are designed to cushion the effects upon income recipients of the cyclical fluctuations in income arising from
productive activity and therefore tend to vary inversely
with salaries and wages.
As compared with a 9-percent rise in salaries and
wages paid out in the Nation as a whole, Connecticut
pay rolls for 1940 showed an increase of 16 percent over
the preceding year. Important increases were also
recorded for Michigan (14 percent) and Indiana (12
120
of shipbuilding and aircraft manufacturing, are up
1G percent from January through May. The South
Atlantic and Pacific States have also received a relatively large volume of contracts for naval and aircraft construction, but in these areas the moderate
increase in agricultural income has served to temper
the resultant expansion somewhat and consumer
income rose by 13 and 12 percent, respectively. Though
the East North Central States have received a relatively small volume of contracts, they contain much
heavy industry and income payments are up 15 percent.
The largest defense contract volume has fallen to the
Middle Atlantic States. But the defense work is not
out of proportion to the industrialization of the region,
so income has risen 13 percent, the average for the
Nation as a whole.
It is in the agricultural regions that the smallest
gains are shown, with an average income increase of 8
percent since the opening of the year. However, the
improvement in these areas will be greater for the
remainder of the year as a result of the recent advance
in agricultural prices.
Table 1.—Percent Distribution of Defense Contracts and
Value Added to Products by Manufacture, by Geographic
Divisions, and Percent Increase in Income Payments for
Each Geographic Division
100
CONTINENTALUNITED STATES
80
August 1941
\
Percent of national
total
60
^SOUTH CENTRAL STATES
1
I
I
I
I
!
1
!
Percent increase in
income payments
Defense
Value
Jan.-Ma v
contracts
added by
1941 from
awarded
manufacfrom
June 1940- ture, 1939 2 May Jan.1940
June 1941 i
Division
120
1910
from
1939
100
United States
New Er gland
A [ifIdle Ul antic
East North Central
West North Central . . _
South Atlantic
East South Central
West South Central
ATountain
Pacific
__ .
_.
100.0
13.0
27.3
18.4
4.9
11.4
3.4
5.3
1.3
15.0
100.0
9.8
29.8
31.5
5.5
9.0
3.4
3.4
1. 1
6.5
13
7
16
13
15
7
12
g
10
9
13
3
6
8
s
6
n
1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940
DO.
41-343-B
Figure 9.—Indexes of Income Payments for Continental United States
and the Southern and Western Regions, 1929-40 (U. S. Department of
Commerce).
1
Data from State Distribution of Defense Contract Awards, Office of Production
Management.
2
Census of Manufactures, 1939, U . S . Bureau of the Census.
Movements from 1929 to 1940.
percent). In the agricultural States of the Southwest,
Of equal interest are the changes in income payments
on the other hand, employees' income rose only 5 per- of different regions over a longer period of time. The
cent, though in these States such income is a much less comparative rise or decline of income in different States
important component of the whole.
over the decade is the net result of a whole host of
Income Payments Thus Far in 1941.
factors, including changes in population, the degree of
Most of the expansion in income payments in 1940 industrialization, the nature of the industries in the
occurred in the final 6 months. Since that time the regions, the character of the stimulus to industrial
rise has been continued at an extremely rapid pace activity, and so on. Thus, in more than one-third of
and in the first 5 months of this year income payments the States income payments in 1940 exceeded those of
were 13 percent above a year ago. Every section of 1929, though payments for the country as a whole
the country has participated in the increase and in each were 8 percent less in 1940 than in 1929.
Moreover, in contrast with the 1939-40 rise in income,
instance the percentage rise has been greater so far this
which
was somewhat heavier in the industrial sections
year than in 1940 as a whole.
of
the
national economy, the 19 States having an
Again the effects of the defense program are quite
increase
over the 12-year period were concentrated for
obvious. Income payments in New England, a center
SURVEY OF CURRENT BUSINESS
August 1941
the most part in the Southern and Western regions of
the country. Only in two of the populous States of
the industrial Northeast was 1940 income above that
of 1929.
The accompanying charts illustrate the relative
trends in income payments over the years 1929-40 for
six major geographic regions. Table 2 presents the
relative movements in per capita income for certain
significant years, together with ratios indicative of
the income structure of the various regions.
The North Atlantic States, which include New England and the three populous States of the Middle Atlantic
group, are in the main highly urbanized and have a
diversified industry. In 1940 these nine States contained 27 percent of the Nation's population but received 35 percent of its income. During the post-1929
downswing income in the North Atlantic States declined less than that over the country as a whole.
However, it failed to respond as completely as in other
regions to the forces of recovery, and in 1940 income in
these States was 13 percent below the 1929 level as
compared with an 8 percent decline for the continental
United States as a whole. Within the North Atlantic
group the New England States, wliose industries are
more heavily devoted to consumers goods, made a better showing in all years. Nineteen-forty income in the
New England States was within 8 percent of the 1929
figure. The smallest recovery relative to 1929 for the
region was in New York, principally because of the
decline in the finance industry and the continued low
construction activity in that State.
The East North Central group of States is also highly
industrialized but specializes to a great extent in the
production of durable goods. Agriculture is of much
greater importance here than in the North Atlantic
States. Compared to the country as a whole this region
experienced a very sharp drop in income from 1929 to
1933 but the recovery in later years was very pronounced
and by 1940 the boom in the heavy industries had carried
consumer income to within 10 percent of the 1929 volume
Variations within the group were extremely wide. In
1940 Indiana income was only slightly lower than in 1929,
13
while the income of Illinois was 18 percent below the
predepression level.
The West North Central States are predominantly
agricultural in character, with activity being devoted
largely to the production of staple commodities. For
recent years agricultural income has represented about
22 percent of all income payments in this region as
compared with 9 percent for the United States. Despite the specialized nature of its economy, the trend
in income in this area for the period 1929-40 approximated that for the country as a whole. But several
of the States suffered a decline in population within the
intercensal period and the population in the region
expanded only 2 percent as compared with a 7 percent
increase for the United States. In per capita terms,
therefore, 1940 income for the West North Central
States was only 13 percent under 1929, while that for
the Nation had been reduced 15 percent.
The South Atlantic States are relatively heterogeneous in character. Over the intercensal period the
region as a whole experienced a marked advance in
urbanization and in specialization in light industries,
so that all States had heavier income payments in 1940
than in 1929 save the State of West Virginia, where
1940 income payments were only slightly below 1929.
Nineteen-forty income was actually 11 percent greater
than at the beginning of the period. Population increase was also substantial in this section of the country
and as a result per capita 1940 income was 2 percent
below the comparable average for 1929. Indicative
of the expansion in productive activity in the South
Atlantic region was the 13 percent higher employees7
income in 1940 than in 1929. In contrast, salaries
and wages in all other geographic regions were substantially below the 1929 level except in the Western
States, which had a rise of 4 percent.
In the South Central States the economy is predominantly agricultural and still largely dependent
upon cotton. The section as a whole has the lowest
per capita income in the Nation, accounting in 1940
for 18 percent of the population and only 10 percent
of the Nation's income. Income payments in this
Table 2.—Income Payments by Regions, for Selected Years, 1929-40
Geographic division
Per capita income payments
Percent
(dollars)
of popu- Percent
lation in of population
cities of
20-64
25,000
and over, years old,
1940
1929
1940
1940
Indexes of per capita income payments,
1929=100
Range of
State per
capita income payments in
1940
1932 1933 1936 1937 1938 1939 1940
(dollars)
Continental United
States ._
40.1
59.0
677
573
195-960
58
55
78
83
New England .__ _
Middle Atlantic
East North Central.....
West North Central. __
South Atlantic
...
East South Central
West South Central. _.
Mountain,
Pacific
55.0
58.4
49.2
27.1
25.9
17.6
23.3
20.1
49.9
60.0
62.2
60.3
57.8
54.9
52.8
55.3
55.7
63.4
833
949
762
545
446
334
425
571
879
730
751
636
473
433
282
272
518
760
504-864
624-853
537-691
384-526
281-872
195-330
253-422
356-960
586-819
67
62
53
55
63
53
55
56
59
62
81
75
84
79
82
84
93
82
86
91
83
50
55
60
49
54
57
55
82
89
80
78
86
79
75
72
72
79
87
77
82
82
77
80
8.5
82
75
78
n
92
80
85
87
81
83
87
97
84
88
91
86
Agricultural income as
percent
of total
income,
1940
Salaries
Income composition 1940,
and
percent distribution
wages in
manufacturing as
percent EmployEntreDiviof total ees' com- preneurial dends,
salaries
pensawithinterest,
and wages,
tion
drawals
etc.
1940
8.7
32.1
68.9
16. 3
14.8
2.6
2.2
7.1
21.8
10.4
18.9
18.8
19.5
8.5
41.6
34.8
43. 3
20. 0
25.9
24.7
14.6
11.3
24.9
70.8
69. 8
73.7
61.3
69. 9
66. 0
61. 5
65. 6
66.8
10.2
11.5
14.4
27. 6
16. 7
24.4
24.5
24.3
18.1
19.0
18.7
11.9
11.1
13.4
9. (
14.0
10.1
15.1
14
August 1941
SURVEY OF CURRENT BUSINESS
Table 3.—-Per Capita Income Payments by States, 1929-40
Division and State
1929
Continental United States, total
New England:
Maine__
_-_
New Hampshire
Vermont -. . .
Massachusetts
Rhode I s l a n d s . _ _
Connecticut
Middle Atlantic:
New York ' l __
New Jersev
Pennsylvania.- _ East North Central:
Ohio
...
Indiana
Illinois
Michigan.
__ _
Wisconsin
West North Central:
Minnesota
- _
. . _..
.
_ _ _.
-
. .
_ .__
Iowa
Missouri
N o r t h Dakota
South D a k o t a
Nebraska
-Kansas^. . . --...
South Atlantic:
Delaware
Maryland ' . . . _
District of Columbia '
Virginia!_........__
West Virginia _ . . . . . . . . .
N o r t h Carolina . . . . . . . . .
South Carolina .. ...
.
Georgia.
Florida
.._
East South Central:
Kentucky._____
_
. .. . .
Tennessee- . . . . . . . . .
.
Alabama
. . . . . . . . . . . .
Mississippi
.. .
West South Central:
Arkansas
. ..
Louisiana
. ..
......
Oklahoma....
Texas _
Mountain:
Montana
Idaho...
Wyoming.
Colorado- _
New Mexico
Arizona
Utah...
.
NevadaPacific:
1
Washington.
Oregon
California.
..
. . . . . .
1930
1931
1933
1932
!
1934
1935
1936
1939
1938
1937
|
1940
677
006
512
394
372
426
461
531
560
511
541
573
570
648
601
883
843
932
556
605
545
825
770
850
489
548
484
747
699
744
384
427
380
614
400
465
394
609
560
606
433
487
429
640
604
656
482
522
490
711
668
751
497
551
494
733
697
809
459
522
454
673
632
716
487
542
484
713
673
775
504
560
542
578
370
414
349
562
592
544
730
864
1, 089
1,012
913
693
870
798
582
680
034
439
626
570
408
684
975
758
469
720
007
503
804
748
580
896
812
611
765
747
541
787
793
585
SI 4
852
624
746
591
897
763
653
649
510
762
631
570
543
422
620
519
468
401
315
460
395
355
389
308
431
348
337
457
366
488
446
386
505
402
531
508
438
596
482
621
592
511
644
521
666
656
537
558
464
599
545
486
607
508
648
603
505
571
530
602
433
435
531
511
537
459
410
462
343
274
059
329
287
333
212
220
300
280
377
326
376
241
265
372
330
420
370
404
281
294
374
365
492
441
473
328
361
459
420
513
437
483
358
338
449
454
481
427
453
322
343
396
398
499
450
476
354
369
419
395
526
471
499
385
384
444
418
506
451
787
260
582
502
S56
309
324
240
20S
231
338
634
534
910
337
343
258
221
251
365
S3 6
703
1, 022
455
401
335
2S1
321
465
236
239
196
160
5 5°
361
420
542
476
345
451
178
191
277
393
277
778
712
537
602
1,(1*1
486
1, 170
OS..
1, 163
431
408
319
270
330
516
3*3
409
263
223
275
455
337
348 '
223
371
355
323
271
932
721
929
2*3
-JriS
182
2( >2
194
105
1S9
227 i
155
1SS
391
307
185
286
317
295
242
204
261
142 !
130
302
409
451
459
222
355
357
3S9
172 1
155
310
297
319
243
217
259
644
529
712
589
356
584
558
897
533
479
649
5S2
325
502
506
82S
443
307
559
489
283
419
412
749
319
268
406
360
205
309
303
577
694
642 i
568 !
877
749
658
968
211
193
240
193
185
190
157
145
124
i
!
;
i
•
j
:
51S
477 i
391
:.r,2
143
229
•>•)/)
257
1
336
6'>7
814
652
683
605
1,068
1,011
387
400
289
253
288
431
405
413
307
266
296
458
388
372
291
256
283
431
802
651
1,011
416
384
312
269
297
452
259
256
206
172
302
295
247
213
316
307
254
202
294
286
236
194
303
303
248
205
330
325
264
195
181
270
255
298
200
285
286
320
234
324
327
360
243
345
363
409 !
235
346
335
247
352
341
410
253
350
354
422
541
592
US
621
506
334
597
492
620
547
347
503
483 !
846
511
432
577
492
287
463
786 •
542
452
630
529
331
465
458 !
877 1
579
470
638
551
356
478
487
960
598
562
787
570 !
522 ;
729
604
552
765
633
/vs.:
21 ">
302
oh.1'
300
«...
312
(.16
fi'.H)
379
.!' .
".10
4<S
39.
V).
477
1.9
092
352
644
551
691
656
537
755
605
5 15
129
2*8
395
2*7
41 s
!
i
i
:
1.059
460
349
493
390
277
2^7
l
3cS7
4.V"
442
771
57S
534
7.)0
!
390
452
M!)
1
Before c o m p u t i n g p e r c a p i t a i n c o m e s , salaries a n d wages a n d t o t a l i n c o m e were reduced in t h " I )i-<r if. of C o l u m b i a a n d X e w Y01 k a n d increased in M a r y l a n d , V i r g i n i a ,
a n d N e w J e r s e y to a c c o u n t for r e s i d e n t ? of t h e l a t t e r S t a t e s e m p l o y e d b y e s t a b l i s h m e n t s located in I lie D i s . n o ; a n d X e w Y o r k .
region declined much more sharply from 1929 to 1933
than in the rest of the country, but the recovery in
1934 and 1935 was very pronounced and thereafter
income paralleled closely the movements in the United
States through 1940 when it was 8 percent lower than
in 1929.
The economy of the Far West still is largely agricultural, but to an increasing extent it is supplemented
by mining in the Mountain States and by manufacturing on the Pacific Coast. Income in this area moved
fairly closely with that for the continental United States
during the years immediately following 1929. However, gains were larger than average during the upward
phase of the cycle and by 1940 income was 4 percent
above the 1929 level. The region experienced a marked
increase in population and the drop in per capita income
for the period was comparable with that for the continental United States.
Particularly noteworthy were the changes in the
income structure of California which in 1940 accounted
for 59 percent of all income in the Far West. California
income was 6 percent above 1929, but its per capita
income was 15 percent lower than in that year. Indicative of the changing age composition of the California
population was the two percent decline in dividends
received as compared with the 20 percent drop noted
for the United States.
Content of the Income Payments Series.
It is perhaps wise to point out again a fact that has
been noted in previous releases on State income payments:2 Income payments must be distinguished from
the national income (for which estimates were published
in the June issue of the Survey). Included in income
payments arc salaries and wages; net of employee contributions to social security and other retirement funds;
2
For a broader discussion of income payments by States, the construction and uses
of the estimates, see "Income Payments to Individuals, by States, 1929-38" (April 1940
issue of the SURVEY OF CURRENT BUSINESS). Reprints of this article are available
upon request to the Bureau of Foreign and Domestic Commerce. For a comprehensive explanation of the concept of income payments and a detailed description of
the item included, see "Monthly Income Payments in the United States, 1929-40,"
Government Printing Office, Washington, D. C , price 10 cents.
SURVEY OF CURRENT BUSINESS
August 1941
relief and unemployment benefits, pension disbursements, and workmen's compensation; entrepreneurial
withdrawals (incomes of self-employed persons available for personal use); and capital return in the form of
dividends, interest, and net rents and royalties. The
series excludes the business savings which constitute
an important and highly variable component of the
national income. Employer contributions to social
security and other retirement funds, which in recent
years amount to roughly 3 percent of total salaries and
wages, are also included only in estimates of the
national income.
One of the functions of the series is to represent the
State distribution of consumer incomes. For this
purpose the present series suffers from two major
shortcomings occasioned by the scarcity of relevant
data; (1) it has been found difficult to trace the flow
of income through the medium of institutional investors
such as banks and life insurance companies. The
15
latter cannot be considered as ultimate consumers but
merely represent the primary recipients of a substantial volume of property income. Secondly, wages and
salaries are usually assigned to the various States on
an establishment rather than on a residence basis.
This factor is particularly important in such States
as New York and the District of Columbia which have
a large daily influx of labor. Available data have now
been employed to distribute a certain proportion of
salaries and wages paid out in New York and the
District of Columbia among residents of New Jersey
and Virginia and Maryland, respectively. Owing to
the lack of suitable information, especially in the case
of New York, it is not pretended that any more than a
start has been made toward this very desirable refinement. Despite the inadequacies noted above, it is
believed that the estimates presented below represent
a close approximation to the volume of consumer buying power in the respective States.
Table 4.—Income Payments, by Type of Payment and by States, 1929-40
Type of payment.
1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940
1929
1930
1931
1932
1934
1933
Total-
848
643
5091 423 j 3941 538?
510
13
241
84
439
14
116
74
350
28
72
59
263j 252
211 30
99
75
40
Total
558
414
326
297
252
16
105
41
195
32
66
33
153
30
92
22
275
349
Total.
511
377
370
351
11
145
97
298
22
108|
83 !
238 :
16
58!
65 !
216
23
75
56
698
748
250
216
179
132
129
176
206
238
224
229
240
420 467
58 j 61
164| 163
56
57
172[
5j
441
29j
147]
5
37|
27j
121
9
28
21.
91
7
20
14
81
11
24
13
107
19
31
19
124
26
33
23
149
18
45
26
134
22
45
23
138
20
46
25
148
21
45
26
California
382
4481 463i
452
478 494, 5,339 5,011 4,342 3,397 3,252 3,640 4,042 4,834 5,158 4,885 5,215 5,680
40
1661
42
44
164
38
3, 1761 3, 019 2, 568 2, 063 1, 892 2,078 2, 306 2,653 2,970 2,856 3,041 3, 337
334
346I
254
312
370
180
241
106
133
651
72
140
49 i 521
916 1, 009
990
694
900!
569
609
765
920
865| 729
1751 178!
924
964
730
9351 944
659
618
688
401 41 1, 178 1,0551 905
158
40 i
Connecticut
254
42
94
72
602
621
293| 324 303
61
54
49
105 140! 117
89;
891 73
350
56
131
84
54
128
79
1, 482 1,371
965
14
132
371
852
15
123
381
1, 213
950
903 1,014 1, 105 1,273 1,371
727
563
22
89
276
543
30
83
247
29
111
346
Total
775
67
116
259
1,477
862
59
122
279
291
186
173
132
126
146
161
194
210
179
224
525
634
611
545
479
538
612
741
772
763
798
845
94
4
18
74
3
15
40
69
5
13
39
80
4
17
45
85
4
21
51
96
8
23
67
110
5
26
69
104
6
23
46
126
139
10
64
112
440
12
61
121
428
21
56
106
388
16
48
93
332
19
43
85
371
26
45
96
436
30
47
99
500
53
55
133
547
38
60
127
544
41
60
118
547
37
64
120
625
34
57
66!
Georgia
672
589
471
401
11
141
119
342
23
126
98
279
17
94
81
802
582
1031
Idaho
..
235
214
167
123
134
186!
139
3
125
3
70
16
102
9
44
12
81
8
26
8
73
9
43
971
16
61
12
75
18
16
1661
93|
449
33
1061
80!
Illinois
Net salaries and wages...
Other labor income
Entrepreneurial income..
Dividends, interest, etc..
1, 217 1,322
880
46
126
319
105
2
21
58
738
For footnote see p. 17.
772
68
112
321
118
2
24
Net salaries and wages..
Other labor income
Entrepreneurial income.
Dividends, interest, etc.
Total
684
46
100
221
Florida
Total _
612
42
94
266
District of Columbia J
Delaware
Net salaries and wages. _
Other labor income
Entrepreneurial income.
Dividends, interest, etc.
1940
706I 661
548
238
36
82
1939
420) 387
401 56
182 165
64
53
162i 176
37j
39
1201 13.
30
32
604
1938
379
61
185
Colorado
Net salaries and wages..
Other labor income
Entrepreneurial income.
Dividends, interest, etc.
1937
569 683
301 320
45) 42
148 160
Arkansas
Net salaries and wages. _.
Other labor income
Entrepreneurial income..
Dividends, interest, etc..
1936
Arizona
Alabama
Net salaries and wages....
Other labor income
Entrepreneurial incomeDividends, interest, etc..
1935
n*7i
220
245
220
11 o
i OT
1 1 0
113
127 122
24
16
17!
67
86 i 681
161 16| 13J
234
248; 6,777j 5,826 4,764 3,541 3,333 3,783 4,1.25 4,841 5,205 4,701 5,098 5,462
rj\r\\
o n n i I •) i t i
OP.A
o
i c n
o Aao
fifi/i!
Q n i n
9 7 1 1 9 r>7,1
9 ^ 9 9
ao.^
2,159|
2,462 o2,694;
3,019 93.371J
3,074 93,353
3,63
134! A4,600
3,901) 3, 15 o2,364
224
222!
3111
325} 335
71
141!
355!
2571
148
532|
860
599j
745
672i
723! 757
454!
682!
614
5is|
565
8321
010
6441
697i 7 AC
582j
487|
785|
2-4 j
15 ! 1,246! 1,0061 8511
i o c
i o i i
16
SURVEY OF CURRENT BUSINESS
August 1941
Table 4.—Income Payments, by Type of Payment and by States, 1929-40—Continued
1929
T y p e of p a y m e n t
1930
1931
1932
1933
1934
1935 I 1936 j 1937 ! 1938 1939
1929 [ 1930 I 1931 1932 1933 1934 | 1935 1936 I 1937 j 1938 1939 1940
1940
Iowa
Indiana
Total_
1,901
1,655 1,383 1,039 1,023 1,2241 1,351; 1,628! 1,704; 1,576! l,735i 1,890 1,307]!, 29211,019
Net salaries and wages-. 1,320 1,130
Other labor income
33
35
Entrepreneurial income.
326
280
Dividends, interest, etc..
222
210
924
65
223
171 i
689 j 655 7781 863 i 1,012 1,160,
986 j 1,127 s
52;
57!
761
80s 129;
S9j 136| 1251
1701 197J 239) 2671 308
3311 298 j 313
1281 1141 1311 141 i 179 S 1841 1561 170
1,260 672! 635
18|
20
113
336 4471 482
181 170! 155
817
929J1, l l l l l , 101 jl, 0 8 0 4 , 140 1,197
375
34
414
44
452J 496
45
237
71
271 337
88
95
683
548
432
29
118
86
Net salaries and wages..
Other labor income
Entrepreneurial incomeDividends, interest, etc..
956
895
737
520
524
613
666
763
520
18
283
1351
479
19
290
407
35
207
88
327
24
108
61
292
29
146
57
320
40
180
73
336
46
207
77
367
70
2311
95
107
411!
45 :
254
395;
385!
52!
407
206
86
966
832J
693
566
Total
...
516
121
196
126
484
131
562!
18|
252
134
505 418! 320 309J 348
201 41[ 31
36
41
183 134j 135 102 169
124 100!
80
86!
880' 827 : 859 941
I
!
443 477! 4491 482 537
761
65 ^ 63
53
60 :
2111 244 223: 212! 237
105! 106[ 95! 100! 104
391
461
1851
91
Maine
654|
515!
488
586
635; 732
410|
301
114!
100!
319
25
95
76
300!
351
911
62
337!
3661
42i
130!
557 589
65 66
405 1 423
113 119
5211 6441 7131 835
Louisiana
Net salaries and wages..
Other labor income
Entrepreneurial income.
Dividends, interest, etc..
522!
63!
391!
104i
Kentucky
Kansas
Total.
536!
52|
399
114
415
146 !
82!
400:
63
3 68
101
790! 801;
472
43;
473j
163;
112
168!
105!
825!830
453
445
394
502
61
151
116|
276
9
82
86
262
10
86
87
233
17
60
84
478
60
176
111
313
304!
330: 360! 404
4161 386; 410 428
198! 211
19!
50!
63!
250; 233
19 j 27
228
32
70
74
TO
fii
251
25
65
69
263
28
65
72
1
Maryland i
Total .
1,0881
Net salaries and wages. .
Other labor income
Entrepreneurial income
Dividends, interest, etc.
719
13
141
264
668 j
141
123J
283!
968
584
29!
1081
247!
247!
469!
23;
89J
206!
Massachusetts
738!
830!
885^ 1,012! 1,097; l,02l! 1,105' 1, 208J3, 728:3, 507;3,181J2, 612 2, 387^2, 586;2, 740 3, 05113,145:2, 8953, 0713, 271
438!
28!
9lj
181
490!
42
'
105!
193!
530 603
fili
^
116; 12(v
200! 222;
685!
40
13S
234
634!
53
124;
210
705
47
78912, 415 2, 207 1, 950|l, 550 1,427 1. 544 1, 671 1,814 1, 964il,
51
50| 58 1101 97 112: 146; 172! 2411 174!
368 331 296 247 222! 241! 259! 284! 305;
2291 895 911 825 718 626! 655! 638! 712! 702|
223|
Minnesota
Michigan
Total.
3,628
3,054 2,508 1,895 1,672J 2,166; 2,499! 2,963; 3,339
2,776; 3,124! 3, 40G| 1,45»j|l, 3 8 0 4 , 1 9 l |
i
2,520! 2, 114 1,6881 1,323 1,168 1, 509 1,751; 2,003: 2. 400 1,897; c
239 ^ 2 1 0
1001
76
93
119
128 • 1 2 5 ! 186
39 j
44
391
300I 239
240
293
337!
4381 372
434 i 360! 391
280'
420!
25'
383
236
311
631! 524
171!
286
:JS6
Net salaries and wages-.
Other labor income
Entrepreneurial income.
Dividends, interest, etc..
860! 823!
201
22
370! 349
201j 186
425
338
897! 867:1, 002!l, 1234, 3 2 4 4 , 3944, 320 1, 384 1, 473
787 823
564 627 701
84J 131 95! 116! 114! 108
78
158 199; 231i 280j 329 35l! 319'
319; 339. 391
1167|
A7l
lOft ! 1 T 3
TOO
i Q O i 1 «163
Q
126!
129!
132!
135; 144! 151
161
I
579j 514;
34!
259j
Mississippi
_.
540!
Net salaries arid wages..
Other labor income
Entrepreneurial income.
Dividends, interest, etc..
Total __._....
256!
410
286
264j
254i
3301
175!
141
125!
211
87'
21
144|
30!
129i
Missouri
41h!
444!
182
37
163:
36!
199:
40!
167!
3S!
427!2,17612,013 1, 714 1, 327 1, 2524, 4 1 9 4 . 519! 1, 7 5 3 4 , 810 1, 704' 1. 79 1. 8
>
219|
56!
134J
43
27j
152j
31!
146!
30
175!
48
187
37:
195!
3:1
!
!
!
1, 39711, 289; 1,090
30
33|
67
414 359 282
335! 332! 275
1
850 j
48
215
214
i
286!
Total_ ._
17
5
92
32
186
,5
67
28
237
171
179
154
10
50
23
122
10
|
43!
16!
318;
324: 280!
175,
35!
168!
3i:
59'
22>
93!
19!
300!
325
728|
173j
26!
77!
24|
185
25
91
24
37l| 355! 311
10
21
10!
24S! 296j 214
99| 80S 73
746 619
379I
Total
81
7,
69
54
60
60!
55
1
16
9
50
1
14
10
46
2
12
9
40
1
6
7
44
2
8
6
40.
4l
9!
71
96
80;
49:
61
13!
12!
58;
4
15
14!
4;
12!
12:
106!
300! 282
202
4
36
58!
14J
14
188
5
32
57
258
203
166
9
125
7
23
48
56
!
3 231 3,091 2,736 2,197 1,977 2 176 2,317 2,620
Total
3,011
149
911
3J
14,178 13,382111, 586 9,107 8,428 9,272 9, 814J11,02s' 11, 402; 10, 63841,025 11, 543
1
Net salaries and wages - . 8,608 8,112 6,904 5, 273 4, 789 5,350 5,721 6,246 6,742; 6,457! 6,792 7,1421
354
490
561! 777: 553; 657; 541j 600
244
144
1611 293
Other labor income
Entrepreneurial income.. 1,923 1,694! 1,426 1,106 1,031 1,103! 1.236! 1,407; 1.483! 1,3^*! 1,403! 1,403|
Dividends, interest, etc_. 3,503 3,4151 2,963 2.484 2, 254 2,329 2,296: 2,593; 2,624; 2,156! 2, 289j 2,398
604 5851 518;
550;
273! 282 i 274 286
5l! 39'
43 41
218! 204! 146
165
62| 601
55:
199!
224
I
124| 140
8
Hi
221 26!
45! 47!
585
301
43
180
61
23;
255
269
256;
266! 275
149
11
30
47
153
19
31
52
13!
34!
55!
160!
18
31
47;
168'
16;
32
50
174; 190
40!
|
138
122
89
96
126
137
164
177
166!
85
3
35
15
76
7
26
13
60
5
15
57
6
25
65
14
37
10
73
17
35
12
86
23
41
14
94
15
52
16
90;
16:
0
175
17
32
51
451
!
17
50
16:
97
18
58
17
North Carolina
New York 1
For footnote see p. 17.
504498|
New Mexico
Net salaries and wages.. 2 135 1 986 1,699 1,353 1,197 1 332 1,433 1,579 1, 780! l,682i 1,811 2,011
159
158!
133!
149
Other labor income
33
36
74
54
74
112
121
187
3141
317
404!
331
Entrepreneurial income.
375
355
306
248
239
251
268
303
464i
497
540!
520
Dividends, interest, etc..
688
714
657
542
467
481
495
551
Total
,
New Hampshire
44
4!
12'i
11!
New Jersey
410
246 219| 243251
1 A\
1 |
c I eta
14
261
32!
71 141 183! 159
48 35i
56
Nevada
Net salaries and wages..
Other labor incomeT
Entrepreneurial income.
Dividends, interest, etc..
!
851! 9064,0004,0904,036 1 . 0 ^ 4 . 1 4 6
76! 86j 1451 99! 120, 126 127
2811 301 336! 346| 313 331' .'..'4
211 226 2721 275 235' 252 263
Nebraska
288j
12821'
75
20
i '
771i
53!
2411
187
Montana
Net salaries and wages-.
Other labor income
Entrepreneurial income.
Dividends, interest, etc..
810 1, 950 2,102
235j 219 223
284 : 299 314
566! 603 632
997
590
836
548
12
279! 169
117! 10'
722
596
468 370
31 20
132! 134
!
642
827
876
989J 1,0604,0204,1044,
380 441! 475! 534! 596!
29;
391 40! 67j 401
156! 255' 263! 271! 302!
77j
92! 98! I 1 7 ' I 2 2 !
58S; 652: 700
57; 58! 64
268 ! 278: 249
1071 116; 123
WK.M i«.)4L
S I R V E Y OF ( V K R K X T
BUSINESS
Table 4.—-Income Payments, by Type of Payment and by States, 1929-40—Continued
__
1929 19:50 V)'.il 193'* 1«M3 1931 1935 193d 1937 19§i«* I98!> 1940 19*9 i:>30
T > p e o f |>£>mciit
XorlSi Itakotir
Total
2M3
2 1 7 1 7 i 1 2 i U ' ) I t ) " ) L s 7 2 1 . 12 2 M 2 0 1 2 2 ' i 2 ) 71 . M 1 0 ' . 3 2 2{ ( 1 5 2
130
123
1O>)
SI
71
7s
su
<)2
MM
<n,
«i7
102
Oilier labor income
r n t l e p r e n e u n a l m< o i i v
l)i\ iiieii'ls, m t e i e s l , e t c
i
\
13h 103
M
17
S
1.1
M
0
22
11
s
11
10
22
11
U
21
Os
12
55
7s
1 _'
2s
M2
I.,
2h
71
i2
22
Ml
li
IM
113
li
5, s 51 2,M~'>
70
oil
7(»'
7.5
~2M
7'..
2 , W i2 , h i 1
2 , 1 1 1 I 77',
151
HI
hi",
X ,()«•!
l.Ohs
s,is 7 2 0 .13! 1 1 s (,13 < M
^
MS
31s
171
1,0,7)
1, 3 9 3
3 , 8 2 1
1.177
-1,1.13
2,217 2. ,"M3 2.911 2, is;i 2, 709 3.032
ill
ISM
310
129
5Mi, US
20!
199
17S
317,
,V>I
.isl
217.
Ols
hi',)
303
,113
i<»7>
3 ( 3 2(11
7,70 .190
.V5.1
,107
Oregon
7*.s s l l
102 A2h 2 ( )s ';i!
H7 .is1) 1'"
10
3'«
>0
>s
49
s7
<7
127 loi is
17,2 lMs i«i.-, J J >
l
)l
hi
d'i
sj
S7 UH> ll ( »
fi()l .151
1'>
10
2()0 lin
IV) I {>,
3.12.")
1,721 2,027,
O}>I::hom::
Total
.
1937 I 1938 j 1939
Ohio
N e t sal u ies a n d v n»es
\ef silanes and wucs
O t h e r laboi menirie
Kntiepn M":JM il income
DiMdeilds, mleii^l, e h
_
t
1931 193? 1933 ! 1934 ! 1935 i 1930
7^ s
;•,} s 2 s
11_' too ijs
75
7"« 7")
|(i7 2 1 M 2 1 s
(
*''» 1 0 . 107
o 2 0
111
1(1
,r> I
/,')•)
"
| t'»
'u»
.5,,
10
II')
h\
{'<-,
21
s~>
7,D
_>r
'1
^
57
390
210
20
r.x
.H\
2!s
2s.j
C
-js-j
I:!'
III
10
,1,1M
599
SMii
h'01
fi39
327>
19
|;',l
7)1
37.1
.'52
i:<s
7-1
,;00
12
H'i
IS
3xi
3M
\'2s
7)1
409
137
."»1
Rhode Island
ToU.I
No1
chines
7,2,10 h.OSi
1, ( » j s 1 , 2 7 1
\()00
1, 7 1 2 1 . M 3 7 1 , 7 1 1
0 , 0 2 M 1 ', IM , 1 , 7 7 < j M , | S , " ,
1, « « n 1. ^>s 1 0 * 7 2. 7.>'i 2 ^7i 2, ( » l -s ;, 17-, ; ,-,.; ,-;, «,7«i ^ l')2 {. TV) I, ih.)
s^1
i
' sx«,
o ' I|r,i
h i " ' 1| 'i i| * I'Vl
p;i " _>(,(, .;5s Co m
17s- 117) 101
i n d U,ILM^
Ol'iei laboi income
K'MiepierKMiM il m e o i r e
7 s 2 (",s ,)M
1 M\ K I I ' I K N . i i . t i - i e s t , ( l c 1, I 1 H , 107 1.22.'
i'.1) IT) 175 7,37) 7,<ix <,• 2
Hh MM xl#-, -,-'j i, OV) 1. 011
(
", )s r,27 h i s
xT i l»2T (J7I
l i d
1-2
^"
.H {
_- '•
_'2"
221
2."'.s
i"S
2s7
:}I7>
2^7)
:i!3
Is
Is
3!
111
\'A
2'J
'J'.!
17.
32
10!
Is
:;7,
1OD
32
3!)
110
23
!:„'
110
3<;
3^
ss
31
32
41 4.r>
\y.\ <)7
7
7)1
1 »1
•)
!'•
\M
ll1
IN
3M2 502
-i';)0
,»71
121
317
Sonih !);:kofii
Total
09
3 s M A . I ) 2 7 7 2MM i 7 7
III1U(MCS
! 27()
l'»0
\ < t s(1l
Oilu'i labor uicoMic
, 7
S
Fnliepiciieuruil income
117 v.«
i)i\ idi n d s , n i U T i ' s i , ( l c
3'» 3h
22'.
ISO
)v,
jh
10 5
I0S 101
Is]
10'
i n
3 0 0
2M!
2'/» 152
2i8
220 238^
248
21!
27>()
j^o
;<!(>
',2-,
131
12">
'OM
'OM
M
l
Ml
77
so
<!0
«)fi
l()li
102|
11.1
\>
,»
1.51 131
i»,
{.
1
111
21
">
I 1 ."
22
!I
102
17
7
21
M
'3
">1
II
30
CO
12
2'.
70
il
31
111
17>
21)
74
14
2 l 'h
_",
_S
27
1^
5l)
Is
»>.. I 1 . * H i > 12"> J.51 !20
J5
2-.
2»
5h 3s
,ii
Is
M
*>2 n . '
3o
2\
i'J7
230
107'
2Si! 24 ;
77) 92!
14; 15|
Tei
T o t ll
\<>f MlMies HI.I w
Oihe» labor m c o n u
r u m Dteiieilinl lruonu'
l)l\ M e n fs, H i d l e - t , e t c
M22
7 7 1 0 3
,1(,7
1 I
lh
( )
'T
(
> 1 1 M " 0 1 o 1 " 7 M
l . ' w . i ll l
it
il'>
5
: i
2-.
229 1 10 105 1 1 !
111) MM SO ">^
i'M
5
M1
S 5 1 s 7 1
(
12)
1
2 ) 1<7 )
2)
11
Ml
"ih
i ; l,"|
7>) 7 .
15
is
")2h
M
s 2 0 s 7 h <)1M 2 , t., h
1(
)2 "> 5S
>»•
I«M 207 I s 9
91
M", s}
isi
V»
n'
190 2'M
s<) < ,
2 2 7 1 1 s sI
I is-} l, 47s I Jhl
%1
5i
i\'
107
7)0 5
^n
1 , 1 1 0 1 1 1 < '
i)«»
s">s
\ t t sal m i ' s n n d \ \ « I J I >
O l l n . labor income
,
F n l n pKMH'Uii.il id ' nilc
D l \ i d e l i d s , rritt n «,t. 1 l c
Total
\ct
s i h r i c
2s 1
j-,s
211
Is7
l'»5
1 i"3
5
>
55
1.00M
n n d w i ' M s
O t l u i 1 iboi liHoniP
i: KK i'ler-emi,.! iiuoinc
l>i\ul(Mi.l*, m i e n s i . e t c '
5
"»
.ii
7
11
2S
79
I")
In")
">
2t»
21
h l l
"5s
'. >>s
M
221
1!")
!o
l"l
I's
5") 22
117 12t,
K.-s ss
4
20}
90
HIM
12O
il
51
Is
is
.51
Is
1M
t()
|«.
M
Jh~
lu
.'in
^-2
^7
r,",
9,»
S00
Total
7 O M
M O M
"»
7«-
100
io.i
!77.
Ill)
132
{'. '•
2!"i
5"7
21s*
s<>2
27s
,>'lu 7 1 7
293 373
<)«",«»
Us
'»»."» 0 7 2
37.; -\^2\
,7)01
14C
047
41S
0s
! .M
2<
I.
2~>
K,I
In
")5
J,
\-,>
25
is
22
2")(l
2t.S
2M)
I9h
i71
r,-,
I,,M
12s
11 ~
InO
21
-,o
2f
M 1 2 9 M 7 9 1 s1,051
It 1
5M 7i
i ", ur,
102 1 >2
i>>2
\>
201
152
t>'>s
22
"1
.»•>
1
17
57
S7
Si
09
1 .I , 1 I 0 7 !
071
7"0
7)0 7,0
7>0
!«»(• iMl 2M 1
110 119 12")
755
11
17s
MM
I2ti
I J2
17>1
17h
177
103
171
197)
71
77
si".
''7
107,
91
1OI
117
4
2S
J7,
S
32
L'7,
7
-57
LM
13
3s
2S
7
55
51
r>!
2s
2s
1 0 0 0
s 2 1
O ' M
liiO
71i
71-1
«*•-7
(( 77 00
1 .12 2
V
l ls s
U
< 5„ > .
:; ^
: 5"- )
11 3
'(i
!| i..'O
,-,
7>.i (
2
II1
100
21
107
70
37)
123
CM
J.i
' 7> 1
79
",:.'
I'.)
,s0
1")
l^s
M,
1.1
15
7,
7 h O
h M l 7 2 17 h l 1 . M 0 5
71
71
h2
OM
09
271
>\>omiii<
Total
s
30
2S
1.01.1
'..'7
US
1 i>l
h3,
Hd
31
27,
10!
37
2h
9 7 7I ,O i l
02.)
(is
I'lf.
11!
,s2
17'1
W3
10
11
27
1 , 1 0 1
072
72-i
77,
73
193 197,
101 107
Wisconsin
1 7 1 { h i I S Oh ! 7 " , 2 1
II
139
7»i
1
10
<T
1 1,77 I i s 2 1 0 " l
1 9 0 " i l 4 1 7 5 5 M ) i l 1 0 - , 1 5 2 i s s iil
}OM ,10M 111 I 2,7 1 o>
10
II
2*
10
5i
U
^
01
15
(1
.11
.11
25
2M
IM
S)
7M Os
"i
SI
',1 I'll JOM 102 102 lOi .->MM <) I
Di\ idends, niKM^t, etc
1, 12'2
7(»
West Virginia
N e t salc>iies a n d \\aiies
O ' h i i laboi income
! lit! epic Hem i d i n c o m e
2 ,i()S 2 . G I . 1
1.302 1.37)7)
Vermont
s M M 7 9 8 (>71 0 2 7 7 ) 1 s 21
h"h
I.i7."
T>s
2sh
I hL
Total
s o ; ; 1 . 9 0 ' 2 2 7 0 2 . 7>i's
<,,,w l.n;^.
210
l.OOl
i.IiM
1 {!<
1
V , .
1,171
l,''»90
s ( ,<
"5
210
(,«,~ » < r
\\
t ~>
ISO 200
i^,
^
2 50
7s_> s , > \i,u
'i )
IM
MI
27M ''",
It
v,M
121
jM i
972 1.01"
I M l()s
U,7
3s
20 5
105
111
Ih_>
K,7
17M
135
1M;
IM ,
isM
United States total
17
1I M
'
10)
Ms
Si
Ml
",
hi
7..
si
s',
SJ
s7
Mi1 12 0'<s 17, . ^ ,,M hsM 5 ), 72 2s. i 1 , i2, 2 5 % 51 1/2 . ! ' ' i I DIM 10 I i l 1 i. 72<) 1
O t h e i laboi m e >me
r i i ' i e p i e n e i j i 1-I l i i e o l l i " '
DlMderids, inteiest, etc
2
5s
M
2
r.
12
',
2' 1
|M
5
Is
s
1
2"
M
s
>2
10
s
5
M
Ih
is
M
U
12
15
M
is
11
«>
17
12
,t,OM
« ' |'.((2o
1 , 1 2 ,2 , 2 1 1 1 , 7 5 7 2 i O ' ^ 2 < > 5
' " i s 1 . , " ' 5 , M i ? ' i 1,»
1 1 , M M 2 / 11 S i h M _ 1 9 7 . 1 1 1 ( , 1 h 2 M H S 2 1 ! _ » ) ' ! M 1 ' . ' ' " 1 I I 2 1 M h , S ! M l 2 5 1 5
12, 1 1 , l s l 1 1 30,1 U , 2 s i M, '«.'i \ " . ( ^ M T ' ' ' Ms ! 1. " S M 11 s ._ M MOh H>. 0 2 2 1 ! . 1 2 7
Net Ml i'ies a n d \\<i"e-
1
1M
117
1 1 0 1 1 1i h 2 s 2
As in former releases, salaries and wa^es are shown on an establishment basis.
402798—41
3
2 5 2 T l
1 1 1 0 5 4 ' 3 , < » , 2 i 7 1 0 7 1 7 1 ! s , | - , s < , | -> ( , 7 " J v - , 2
For adjustment to a residence basis see table 3 and loot note.
! . 2(»n 15 5
7 0 7 7 ) 7
lti{
SURVEY OF CURRENT BUSINESS
18
Atiguit H!4i
Revision of the Seasonally Adjusted Index
of New Passenger Automobile Sales
HE Bureau of Foreign and Domestic Commerce
T
has revised its seasonally adjusted index of the
dollar value of new passenger automobile sales. A
description of the methods and techniques employed in
revising* the seasonal factors so that they would adjust
both for the effect of the varying date of new model
introduction and for variations of the usual seasonal
character is herewith presented together with a table
showing the unadjusted and adjusted index figures for
the years 1928-41.*
The index represents monthly consumer outlay on
new passenger automobiles relative to the base period,
1935-39. It is based on the actual number of new
cars sold by dealers each month concerted to a dolinr
basis by the application of an estimated average price
per car.2 The sources of the basic data and methods
1
This revision was prepared by Louis J. Paradiso with the. assistance of Keba L.
Osborne and George Perkel. The April 1934 issue of the Survey of Current Business
presents a detailed description ' the original ;
; and the met
converting the raw data to an ir lex of average daily sales on a •
2
The price factor developed by the Bureau of Foreign and Domestic Comment
represents the average price of r ew passenger automobiles for a specified month. It
is not a conventional type of pr ce with constant weights showing t he price changes
of a constant, spt8-:/.;' it ion of m: teriais, quality, etc., but rather the average amount
the consumer pays in dollars for the units sold during a particular month.
DAILY AVERAGE BASIS,
350
used in computing the unadjusted index are given in theApril 1934 issue of the Survey of Current Business.
The revision of the seasonally adjusted index has
been made primarily to allow for the effect of the change
in the date of new model introduction, which has
drastically altered the seasonal pattern. Formerly,
new models wen4 introduced around the beginning of
the year, but- since 1935 models have been announced
in the fall.
A change in methodology also has become necessary.
Prior to 1935, sales of passenger cars followed a fairly
regular seasonal pattern, and constant seasonal adI jusiment fnetors were used. Since that date, new models
have been introduced as early as September, as was the
case in 1940, and as late as November in !93(>. A
changing seasonal pattern, therefore, is required to
describe this phenomenon. Sales data are now available for a sufficient number of years to make possible
reasonably reliable estimates of the shifting seasonal
movements.
Elimination of Trend and Cycle.
The first step in determining the effect of seasonal
influences was to eliminate, as far as possible, the trend
DAILY AVERAGE BASIS, 1935 - 39 « 100
350
1935 " 3 9 = iOO
300
250
-
200
WITHOUT ADJUSTMENT
FOR SEASONAL VARIATIONS
1
150
ADJUSTED FOR
SEASONAL VARIATIONS
X
100
100
50
0
I I I I I I 1 I I I I I I I I I. I i
1933
I M I I 1 I I I I I I I 1.1 LI
1934
1935
!936
1937
S938
1939
S940
134!
D.D.
Figure 10.—Indexes of Dollar Sales of New Passenger Automobiles, 19.-S3-41 (U. S. Department of Commerce).
The index is also adjusted fur the eliect of the ohauge in the introduction date ol new models.
41-31!
19
SURVEY OF CURRENT BUSINESS
August 1941
and cyclical factors. This was {lone as follows: (1) 12month moving averages wore computed from the unadjusted monthly indexes for the period 1028-41;
(2) to eliminate seasonal and random fluctuations more
adequately, these averages were modified by the use of
a more flexible free hand curve; (3) ratios of the monthly
index figures to the modified moving averages were then
computed; (4) these ratios to moving averages were
plotted chronologically for each of the twelve months for
the years, 1928-40.
Seasonal Adjustment Factors, 1928-34.
in each year. For those months preceding the introduction date the measurements were designated as
minus and for the months following that date as plus.
Next, the residuals for each month were plotted (as
shown in fig. 11) against the number of days before or
after the date of new model introduction.3 As was expected, in the months immediately preceding the introduction date the residuals were negative, since buyers
are inclined to wait for new models, whereas in the
months immediately following the introduction date,
the residuals were positive. The average relationship
For the period prior to 1935, the seasonally adjusted
factors were computed by well-established procedures.
No well-defined trend appeared for any of the months,
and after eliminating extreme observations, arithmetic
averages of the ratios for the seven years were computed.
The adjustment factors thus derived reflect the combined cPi'eet of purely seasonal factors, such as weather,
and ihe effect of the now model introduction date which
was rather constant prior to 1935.
POINTS IN INDEX
h 100
Table i. 1940 Adjustment Factors
Vi!]UstllH'lit
Vr.iil.
lime
Iul\
.
j
October
[)eoemb«>i
date
-150
-100
-50
0
+50
NUMBER OF DAYS FROM AVERAGE DATE OF
06
S3
+ 18
no
0
-24
—26
-23
21
150
143
138
113
106
90
+100
+150 +200
INTRODUCTION
DO. 41-323
Figure 11.—Correction for the Effect of the Change in the Average Introduction Date of New Models of Passenger Automobiles, 1935-41 (U. S.
Department of Commerce).
+6
-14 I
+45 |
+58
+36 I
84
89
116
126
117
115
92
09
76
124
121
89
Adjustment for Variable New Model Introduction Dates,
1935-41.
For each month of the period since 1935, the seasonal
adjustment factors obtained, for the 1928-34 period
were first subtracted from the ratios to modified moving' averages. The residuals of this subtraction process, although they include some purely random fluctuations, largely reflect the influence of the variable dates
of new model introduction. In order to estimate the
difference in. sales due to introducing models in the
autumn instead of in January, these residuals were then
related to the date of new model introduction.
For this purpose a weighted average introduction
date was computed from the dates of introduction reported by the various producers, the weights being the
sales of the respective makes in the calendar year following the date of their introduction. The 15th of each
month was used in measuring the interval in time
between the month and average date of introduction.
The number of days between the 15th of each, month
and the introduction date was then computed for six
months preceding and six months following this date
-200
F i n a l i'HU
| adjustment
r is 31
period
lummy
hVbruar\
\I-rch '_
I
iluo L > HMO |
new nio'iol
Month
between the residuals and the number of days from introduction date was obtained by drawing a freehand
smooth curve through these points on the chart. This
curve has a zero value at the average date of introduction, negative values for the months preceding the date
of introduction, and positive values for the months
following. Thus, after allowing for the usual seasonal
variations (as determined from the period prior to 1935),
sales are below average for the six months preceding
the introduction date and. above average for the six
months following. The lowest value on the curve occurs about a month before the date of introduction
while the peak is reached about two months after, when
the greatest effect of the new model stimulus is noted.
Following the peak, the values rapidly diminish to zero.
The adjustment to allow for the effect of the changing date of new model introduction for each month was
read from this curve.
Seasonal Adjustment Factors, 1935-41.
The final step in computing the seasonal adjustment
factors was simply to add the correction due to new
model introduction to the usual seasonal adjustment
factor obtained from the 1928-34 period. For example,
September 21 was computed to be the average date of
new model introduction in 1940 and therefore, represented zero on the chart. To get the adjustment for
October 1940, 24 units (the difference in days between
3
The vertical scale was used for the residuals.
20
SURVEY OF CURRENT BUSINESS
August 1941
Table 2.—Indexes of Dollar Sales of New Passenger Automobiles, 1933-41
[Daily average basis, 11135-39=100]
Month
1928 I 1929 I 1930 I 1931
1936
1938
1937
1939
1940
WITHOUT ADJUSTMENT FOR SEASONAL VARIATIONS
January
February
March
April
May
June
. _.
July
August
September
October
November.
December
79
95
135
182 !
185
167
156
162
137
136
100
109
135
189 j
251 !
226 |
196 !
209 !
189
157 !
145 I
94
68
82
104
135
170
156
130
101
97
87
69
49
89
124
105
90 |
79
65
53
43
34
38
(W> I
72 :
63 !
34
38
34
64 |
56 !
47
36
19
78
78 i
117
117
118
111
97
70
62
106
119 !
100
95
31
3J \
36
5o ;
41
43
61
110
128
108
116
98
93 i
81 I
69 !
43
|
!
j
!
106
99
30
130
157
153
154
130
103
79
63
125
144
<
|
|
!
I
|
!
i
160 i
149
136
125
81
91
101
7*
84
89
S3
68
54
41
61
109
106
122 j
105
111
147 ;
160 .
144 <
158
130
78
74
154
163
150
143
178
235
246
?'215
100 I
Annual index
ADJUSTED FOR SEASONAL VARIATIONS '
January..
February......
March .
April
..
May
June . _
July..
August
September _.
October
...
November
December
120
114
116
121
129
121
138
153
152
172
159
165
151
163
167
158
142
185
178
174
184
149
i
i
j
!
i
i
!
;
|
!
109
94
S3
73
54
54
47
37
31
33
41 :
41 I
45 !
30
36
3S
32
32
42
76
84
87
S3
59
63
66
68
I
|
|
|
100 i
102
36
105
107
112
115
97
127
137
147
130
j
!
j
\
91
131
1 18 i
136
134
149
149
140
13H
101
91
101
98
104
93
102
96
97
121
71
69
70
04
73
127
123
137
141
113
97
124
135
190
209
v 1*2
p Preliminary.
1
Adjusted Tor seasonal changes a n d for the. effect of[the shifting d a t e of new model i n t r o d u c t i o n .
October 15 and September 21) were counted to the
right of the origin, and the ordinate of the curve at this
point was read as +45. This figure represents the
amount of correction to be added to the usual seasonal
adjustment factor already found for October, in order
to adjust sales made in that month for the effect of the
new model introduction date. Table 1 shows the
adjustment factors obtained for the months of 1940
by the methods described above.
Table 2 presents the index figures from January 1928
to date, both before and after adjustment for the usual
seasonal changes and for the effect of changing date of
model introduction. The chart shows these indexes
since 1933.
REVISED SERIES
Table 22.—ESTIMATES OF NONAGRICULTURAL EMPLOYMENT 1
[Thousands of persons!
J a n u - j Frbru- j Marc-ti i April
ary
i ary j
July !A l ! s u s tj j < ^ r |< M o b e,f™i D < £
May
Monthly
1937
Civil nonagricultural employment, total
Employees in nonagricultural establishments, total
. .. _
M anufacturing
.........
34, 429
34,739 , 35,250 ! 35,569 j 35.886 | 35,979 I 36,076 i 36,210 \ 36,402 ! 36,161
28, 348
9, Nt/2
28,051
10, 142
29, 140
10.359
29, 454
10. 476
29. 707
10,' 504
29,861
10.422
27, 07;-!
8, 888
26, 961
8, 931
26. 977
8, 890
27, 092
8.719
26. 809
8. 520
26, 749
8. 376
29, 951
10.407
30, 078
10,593
30, 259
10,594
30, 022
10.441
29, 172
9, 957
28, 601
9, 434
29. 442
10. 273
1938
Civil nonagricultural employment, total
Employees in nonagricultural establishments, total
_. .. . .. ...
Manufacturing
32,883 | 33,253 | 33,823 j 33,911 j 33,856
26,751
8. 411
28, 049
9. 220
27. 229
8. 827
34,590 ; 34,594 j 34,882 j 35,510 I 35,832 j 35,701
35. 928
34, 624
28, 447
9, 259
29,785
10.195
28. 480
9. 544
31,465
10,856
29. 613
10,I70
8, 746
27,679
9,014
27, 770
9,061
33, 362
27,719
9, 149
27, 117
1939
Civil nonagricultural employment, total __ .._
Employees in nonagricultural establishments, total.
..
Manufacturing
...
.
33, 458 ! 33, 748
27, 16t)
9, 079
34.113
:
27,315
9.219
27, 005
9, 297
27, 674
9, 2V:"()
27. 970
9.212
34, 656
34, 852
34. 882
35. 163 ; 35, 425
28, 513
9, 974
28, 709
9, 926
28. 739
29, 020
9, 776
28,451
9. 279
28,739
9.515
29. 367
9. X57
29, 689
10,152
29, 558
10, 169
1940
Civil nonagricultural employment, total
Employees
in nonagricultural establishpy
ments, total
Manufacturings
28, 608
9, 974
29, 282
9, 824
35, 902 J 36, 528 i 36, 867 • 36, 986
29,311
9,832
:
29,759 !
10, 163
30,385
10,479
30,724
10, 668
30,843
10,735
1
Revised series, compiled by the £'. N. Dipt, of Labor, Bureau of Labor statistics. Estimates of employment in manufacturing establishments have been revised beginning
January 1937 to adjust data to preliminary employment figures from the 1939 Census of Manufactures; estimates for total employment in r.onagricultural establishments and
total civil nonagricultural employment have been adjusted to take account of this revision. For earlier data and a description of the series, see table 1.1, p. 17 of the March
1941 Survey; for data for 1941, see p. S-7 of this issue.
21
SURVEY OF CURRENT BUSINESS
August 1041
1
Table 23.—FREIGHT-CAR LOADINGS
Total
Year and month
1919
1920
1921
1922
1923
1921
1925
1920
1927
192X
1929
1930
120
129
1 10
121
142 !
$!
112
112
112
in
K)8
107
103
97
90
95
92
..
104
104
100
109
110
108
109
107
109
no
97
83
^
113
104
107
127
112
104
92
93
89
90
95
105
no
107
105
104
101
98
99
91
88
1.10
101
98
Unaded
Ad-
j
I IIad-
Ad-
I 11JHl-
I 11ad-
Ad-
121
1 15
102
92
95
92
88
75
71
09
07
70
70
70
113
99
87
84
09
02
58
64
70
70
77
237
233
&
201)
no
119
112
J07
102
102
96
91
87
82
77
75
70
124
121
122
118
117
100
114
110
100
109
101
89
89
87
79
73
59
no
no
104
97
109
112
95
Adjusted
*x-&
ed
j
23(»
21X
20X
226
240
2 45
227
222
215
212
19X
17!)
142
127
130
131
139
1 i2
125
231
2H.
21 1
Unad-
Ad-
ed
112
102
12h
135
17x
130
15")
170
130
132
157 ,
121
Miscellaneous
Livestock
>%• ^->%-*%'<%-.^
ed
ed
j
159
125
I 15
149 |
135 I
139 I
156 !
144 I
138
143 j
124 !
148
152
131
110
Ad-
(irain and
grain products
Forest
products
Coke
llAd- UadAd- Ulladjust- justjust- justed
ed
ed
ed
monihlv a\eragi
monthly awraihionil
montl
niontl
monil;
mon! 1
montl
montl
mo
mont r
nionthl
January
February
March
April
May
June
July
August
September
October-_
November
December
Coal
172
169
168
165
163
157
159
165
154
156
164
158
182
160
141
155
150
132
133
154
181
207
192
158
141
141
140
140
139
138
137
135
132
131
130
127
X7
)8
81
87
82
150
147
144
144
132
57
137
17
130
121
Oti
07
21
25
23
118
116
114
109
07
07
08
08
Of,
Of
-
ed
ed
139
173
05
114
167
120
144
156
135
137
163
136
146
151
156
164
165
164
163
164
151
114
118
108
106
103
103
159
125
109
109
106
81
Ad
ad"
no
128
128
139
143
143
152
130
131
112
109
136
140
142
141
139
137
136
139
137
133
121
Unadj usted
no
110
21
29
63
111
133
129
114
in
107
105
101
93
92
92
89
24
14
91
96
104
115
114
113
109
106
107
106
92
Monthly average
January
February
March. .
.
April
May
June
July.
August
September
October . .
November
December
1932
87 i
84 !
82 |
80 !
74 I
70 :
70 I
_
SI
78
76
79
80
79
78
70
70
73
SO
92
81
04 j
71 |
84
93
92
93
!
j
|
i
94
73
59
54
01
09
90
108
102
104
63
62
71
54
42
40
74
47
40
37
33
35
48
62
63
07
59
04
64
04
00
49
49
19 !
i
I
I
!
!
100 I
?i!
93 |
79 !
1 11
109
109
41
20
54
43
74 |
Monthly average
January
February
March
April
May
June
July
August
September
October
November
December
07
64
03
62
118
118
118
118
115
47
42
37
13
13
s
no
107
12
14
13
J7
17
28
107
113
113
109
101
50 !
11
i
70
70
71
70
73
73
08
09
10 I
10 i
13 !
.31
24
26
23
24
10
73
J13
1933
74 i
73 I
68 j
74 !
79 :
88 !
95
92
87
84
85
85
80 j
88 j
71 I
95
92
97
95
87
80
70
92
112
115
97
89
92
88
90
101
74
63
05
79
94
102
103
101
102
99
59
00
53
51
i
|
|
I
100 |
102
93
86 j
83 I
84 i
Mon! hly average
09
80
55
42 |
50
09
86
86
91
85
83
92
74
53
47
48
54
81
91
79 I
74 |
47
46
49
56
69
86
91
89
84
80
77
62
87
78
80
112
119
113
94
71
81
84
93
90
/8
74
77
101
105
no
130
85
91
84
87
77
122
122
120
127
128
134
132
123
121
121
122
116
127
111
95
119
118 j
111
111
121
152
163
143
114
101
100
99
102
105
107
109
108
111
109
106
100
30
32
32
23
23
28
51
74
84
65
65
48
107
105
104
104
103
102
102
ioi
100
102
101
105
105
104
102
101
101 i
48
53
60
58
59
71
77
86
89
84
90
91
80
73
S
12
30
50
96
137
147
106
26
11
123
91
70
107
104
99
100
104
106
110
107
106
105
104
105
1931
Januan
Fobiuar\
Maich
\pril
Ma\
.June
Jul.s
\Ugl]st
September
(k'toner
November
Dfvpniher
Monf.uly average
January
February
March "
April
May.
June
July
August ..
September
October
November
December
104
1 10
')(-»
X7 i
100 I
100
87
(
)5 1
92 I
c^s
65
103
133
111
73
XX
X0
r
iX
54
67
XI
I0X
78 |
I!
72 I
74 !
93
92
83
91
104
91
91
91
87
69 |
120
126
120
123
126
102
125
111
100
87
78
93
85
91
92
96
96
84
89
90
85
86
91
85
91
102
108
99
92
lo i
99
102
89
98
118
80
90
89
97
94
99
1 !6
115
108
75
83
101
67
79
93
108
104
111
i
i
I
I
I
134
199
,
190
145
132
125
127
109
116
116
no
167
249
200
154
122
|
!
|
I
!
I
84
90
04
57
105 I
"99 i
inn !
100 I
103 !
101 |
96 ;
40 '
in
49
101
102
101
100
99
99
99
100
100
100
101
101
95
99
101
102
100
99
98
100
105
105
103
96
51
56
62
75
75
66
66
84
124
120
105
91
91
92
S3
no
20
12
150 ]
90
1935
. .. .
Monthly average
For footnote see p.l
09
21
H>
XI
XO
XI
7M
\\
80
80
74
83
81
79
70
90 i
94 I
104 !
102
105
70
74
74
61 '
!Si
95
96
00
84
82
83
81
86
90
99
104
101
92
;
!
I
i
:
|
j
i
84
84
82
74
66
98
108
100
96
71
75
76 |
3I
73
91
119
100
91
80
107
106
103
99
98
91
86
92
100
107
99
106
88
81
92
90
71
73
94
129
152
121
Mj
99 !
i
!
!
j
!
I
]
100 i
12
13
15
37
98
115
122
122
12:
50 !
23
92
90
88 !
85 I
87 I
88 I
90
91 I
95 I
96 I
96 !
76
82
XX
90
86
90
101
108
99
88
22
SURVEY OF CURRENT BUSINESS
August 1941
Table 23.—FREIGHT-CAR LOADINGS ^Continued
Total
Year and month
Coal
Ad- Unadjust- justed
ed
Adjusted
Grain and |
grain prod- i
Forest
products
Coke
UnUnAdadjust- j u s t ed I
ed
ed
AU-
ucts
I
Dn-
L'n-
ed
ed
| Merchandise
i
(I. c. 1.) i
Livestock
I In-
Miscellaneous
Ore
In-
Un-
Ad-
1936
January
February __
March
April
May
June
July
August
September,
October
November _
December..
98
101
94
103
104
106
109
110
109
111 |
116
116 I
Monthly average
j _ _.
j
92
97
92
98
102
105
110
110
121
125
120 S
111
109
128
79
108
106
103
108
110
107
114
118
114
124
149
84
91
90
86
91
96
113
126
130
129
103
108
83
107
115
116
128
130
131
135
143
138 !
124 |
138 !
86
90
106
107
112
109
128
133
148
149
!
!
I
I
|
j
I
!
!
j
99 I
103
107 |
no !
Ill !
108
111
117
123
89
87
98
99
107
113
110
117
117
116
115
109
100
98
103
101
102
104
108
95
84
91
103
103
95 |
!
|
i
I
|
!
\
|
!
|
I
loo !
89
102
156
117
93
91
97
94
93
108
118
LOS
105
109
113
111
!
!
S
|
107
85 |
92 I
86 I
85 I
99
110
137 |
156 I
142 |
108 !
97 !
98 I
101 I
102 |
104 i
104 j
105 i
104
104
106
108
94
98
102
102
103
103
105
|
!
!
|
j
|
!
no :
108 i
10S '
104
85
85
84
ioi
i
!
I
!
101
102
103
107
118
138
138
121
I
!
|
!
|
!
20
20
21
37
145
178
191
193
206
183
101
31
94
93
99
102
105
108
i
!
|
I
|
!
117 i
139 !
96
104
107
109
no
112
125
127
121
110
114
119
120
120
120
116
117
116
113
105
97
88
101
107
117
122
121
117
117
116
126
120
101
81
111 I
112 !
11?!
100 '
1937
Tanuary
February-March
April
May
June
July
August----September.
October
November.
December.-
112
116
119
119
117
114
115
114
112
106
91
?•>>
SO
-
.
-
116 I
115
125
120
103
88
|
|
i
|
!
110
112
122
114
110
108
107
108
113
111
101
98
125
128
129
96
94
91
90
95
119
125
111
110
125
127
142
150
140
137
152
145
137
]
!
|
i
I
!
!
!
|
i
150
156
147
132
129
125
134
122
134
113
91
78
83
72
60
H5i
8/
112
120
120
118
124
124
133
123
117
107
96
90
I
!
!
|
!
I
99 j
115 !
129
129
134
130
!
I
!
!
|
I
!
104 |
96
94
9."
100
99
91
101
114
107
si
si
94
115
120
102 !
103
10 > '
100 !
82
SO i
102
1(52
101
96
ID'I
102
1 ,2
150
121
103 |
82 j
78 •
Mi'..
107 :
102 !
98
94 !
98 ;
98 i
97 |
94 ]
91 i
1 .{'••
MID
90
too
149
127
106
112
106
107
10s
107
10s
107
106
100 i
152 i
104 i
15s
10S
157
220 ,
152
ri
1 )t
110
JO-5
101
146
112
104
37
38
39
140
256
264
279
261
249
160
!
;
!
•
:
j
!
j
|
'
:
ml.
Monthly averag
Januan Februaiv
March _ .
\pril.
Md> June ._
JuK
AuguM
September .
Octobf r
\ o \ ( mbei
Deccmbei
104
108
115
113
115
113 i
-
8 j
'- "i
ss
90
S4
82
S2 i
78
SI
s3
,ss
90 '
92
102 '
9"
10*
J00
92
95
96
s7
78
70
99
89
73
70 |
59 j
58 |
M
83
87
S9
69
69
74
78
99
107
107
109
57 !
r>8 i
64 |
Ml
9d
Mb
Monthly average...
70 i
84 !
s2 ;
!
68
87
s3
s7
1 !9
86
s6
sO
S,")
IDS
lOn
10f<
82 :
52
55
5*
75
76
S9
89
69
77
92 i
91 I
S3
H'S
10"
Ml
"3
''1
107
in")
->s
1 12
92
97
ins
!b2
132
97
94
9S
102
102
92
s'.
117
102
87 ]
liii
90 '
[ .
99 '
108 ' .
90 :
77 c
SI \
89 i
119 1
96 '
96 j
97 i
96
94
94
93 !
95 :
95
97
96 ;
9(i '
98 ;_
M0
M
9f
9* i
92 \
M-! |
M" I
<)9
101
10-J
•jr.
21 >
4M
."1
M
i >
S3
4M
^7
";b
M,<
MS
7-5
7s
-S,')
*\
84
87
si
M
,sr,
S9
S9
\r"
u;,
9s
"2
7s
.ss
S7
s~
25
102
loo
4+
44
102
107
M.i
'1-5
'•',
•TVJ
58
i()(J
ss
M .
S9
!
_
sy
1939
January
February
March
April
May
June
July
August
September.
October. .. . _
November
December.....
. -.
....
98
95
94
87
90
97
99
101
111
i 14
114
110
90
88
90
83
|
i
i
!
88
95
99
101
123
129
119
101
i
!
!
1
i
!
!
104
97
96
96
103
109
110
113
125
125
122
112
j
I
I
!
94
94
90
60
72
97
107
108
93
50
61
82
105
110
119
89
97
125
118
110
134
122
111
S3 i
99
7S i
96
ss
7}>
61
7^
So
rl
81 ,
104 1
122
146
114 ,
in
80
87
120
14b
H2
T>b
97
S")
St)
91
U4
M6
100
s7 i
si '
M> '
91
97
100
100
10b
100
M3
M
SS
<*9
111
11M
10C
117
116
Ml
(01
M'<
1 17
Mt
Mb
ilM
' *
99
101 '
Mb
~~t
10-5
10")
Ml
96
100
9b
MS
!
76
M
Sf)
71
s2
w'
,M7 I
97 '
Mb i
M7 ;
97 i
LJ
31 ;
M7
9>
y
»6
96
11 >
31
29
11 ]
M(.
101
101
M4
1 7 i
(, X
42
s"
v
'"
KH
107
IK)
121
lib
us
1 M)
1J-5
u-
I1"J
1
10 \
'")
119
iII
W'»
9 •>
JIM
"s i
M 7 ''
<)«) ;
98
173
1
12
no
149
!
!
153
171
204
220
144
97
94
95
94
i
!
'
j
94
96
97 i
99
io;» ;
112 i
8b
84
92
95
96
97
97
91
121
127
120
!Oi
40 i
Monthly average
1940
January
February
March
April
May
June
.
July
August
September
October
November _. D e caliber .
...
.
111 I
105 !
100
103
106
111
110
112
112
.
Monthly average...
no !
116
119 ,
:
I
I
!
i
j
121
103
100
110
114
119
120
124
114
91
109
107
138
117
103
92
97
100
102
109
120
104
;
!
!
;
!
I
!
|
|
;
121 '
121 !
136
110
108
108
117
145
158
162
147
149
150
153
i
!
!
!
|
'
163
135
112
95
108
131
136
136;
144
149 l
159
167
108
105
103
104
106
108
108
115
122
128
131
133
MM
101
110
109
104
11!
101
2)0
106
100
12M
11M
.117
117
100
1' 0
1 55
IK
112
U0
120
i ?"i
no
121
lit.
110
1
Revised series. Computed by the Board of Governors of the Federal Reserve System from weekly data compiled by the Association of American T?ai!roruls. This index
replaces t h e one previously compiled b y t h e B o a r d w h i c h h a s been published in t h e S u r v e y . T h e main diiT<Tenees between t h e old a n d the"newly r'-vl-vd index tire: Seasonal
a d j u s t m e n t s for each class of freight h a v e been revised for recent years; weights for combining individual clas>es of Ireight to obtain t h e total index h a v e been changed for t h e
period since 1931; a n d t h e base h a s been shifted from 1923-25 to 1935-39.
I n c o m p u t i n g t h e index, m o n t h l y loadings are derived from t h e weekly d a t a b y prorating t h e figures for overlapping weeks according to t h e n u m b e r of working days
falling in each m o n t h . D a i l y averages lor each class of freight are c< m p u t e d a n d related to t h e 1935-39 daily average. Allowance i> m a d e for S u n d a y ^ N " \ \ Year's D a y ,
W a s h i n g t o n ' s B i r t h d a y ( ; i d a y ) . M e m o r i a l D a y OL> d a y ) , I n d e p e n d e n c e D a y , Labor D a y , T h a n k s g i v i n g D a y , a n d r h r i s ' m a ^
T h e seasonal a d j u s t m e n t factors have been revised back to 1927 for t h e miscellaneous group L'.nd to 1931 for ail othi r c u n i o d i t y groups. Jn compuf inu these revised factor^,
as well as t h e seasonal a d j u s t m e n t factors lor earlier years for all croups except oie loadings, the ratio-to-freehnnd-curve n i i t h o d v^/as u.^eei. F o r t h e revised factor
b i n i n
L931 for ore loadings, t h e usual procedure w a s modified for April a n d M a y a n d for October a n d X o \ e m b e r . T h e distortion resulting from tlie very erraric moxen 'nt of IIKHIings
lor seasonal adjustment
purpoM1*-; a n d treatiim October and Xovembe'r si milarlv. A
g of iron ore1 in these m o n t h s is lessened b y treatingg April
p a n d M ayy as a single pe-riod
p
j
il
id
h
id h a s bi-en
b
id
h i inht h e period.
id
I Inmaintainiru
i
single
index
for eachh off these
periods
coin put edd a n d assigned
TO eachh < 1 ht h e two ::u>nth<
t he index e
xt s will t>e
iinary
c o m p u t e d for April a n d October anei these 1 will be revised when t h e suceeedim 1 m o n t h ' s figuies become availa>>li
1'i'n 1 U, 1931 [hv rati(j - i i i o inu-ave'
to o b t a i n t h e seasonal a d j u s t m e n t factors f'vr ore loading*.
F o r t h e period beginning in 1931, weights derived from 1935-39 ie'\enues by e'oinmoelitie>, published b \ 1 li-- ]nfci>ia;e L'ominer.-e ('< nuii]>^ioi], have' been used in c( inbluing t h e indexes for eight classes of freight into the total index, while1 prior to 1931 weights based t .n 1928 revenues were used. F o ' ihe earlifi 1 period, t h e total mde-x w a s
lowered 1 percent t o m a k e it c o n t i n u o u s with, t lie index 101 tucceeeling \ear> based on 1935-39 revenue weights. T h e 1 wo sets of weighis u>ed a i e as lollows. Derived i n d n 1(,28
r e v e n u e s -grain, 7.1; livestock. 1.5: coal. 21.4; coke, 0.8: lorest products, 5.3; ore'. 2.2; merchandise, i. e. i., 9.7; rnis(eliane'ous, 52.0.'Derived from H'35 39 revenues- -^rain. 5.o.
livestock, 1.8; coal, 21.3; coke, 0.7; forest p r o d u c t s , 5.8: < re, 2.4; merchandise, 1. c. 1.. 7.6; miscellaneous, 54.8.
For a detailpd description of t h e indexes, s(* tin* Federal Reserve RuMeTin lor J u n e 1941, pi) 51S-529. nn«i for J u n e 1937. D P O22 a n d 5',',-s
S-l
SURVEY OF CURRENT BUSINESS
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 June 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
June
1941
1940
June
| July
Novem- DecemSepber
ber
tember I October
August
February
March
April
May
BUSINESS INDEXES
INCOME PAYMENTS!
Indexes admste.l
Tot il income jnym^nis
..
. 103.". 30•= 100
Salaries an i uaLre->
... .
. c'o .
Total nonauncaitinal income
. d'j_
Total . . . . . . .
.
rail
(>i <iol
t^li-rios and \\agr«.
Total .
.
d> .
Commodity producing liidu^uie^ o>
Distributive indu^tne-*
do
PCTVlce I'l'lastivd .
'in
Governmenr
. . .
. do
Work-rdief w ^ e .
do
Dirmt and otliei relief- . .
. do
Social-spfuiit j, boneiltc and otbei ] ibor irroiiiu . . . . .
. . . . mil. ol ''.'I
l)i\ mends and in^e^st
.
do _
Entrepweuruil income .aid net ren's and
ro^altie^. . . . . . .mil. of iol
Total nonaarjca'lur >l m e m e . . . do
i
H i ' <'
HI..?
1 ill J
l l l l 1
112 2
'j 1 )
4
0 , ,
I,
. I'M
i
11 7
iJ i 0 i
J . I
I, _ J >
J 1 '
'«
1 "'()
I 1 " ) <>
1 7 1
I
'
M
"
f j
i I.",
h
i
'
J
1 ' J ti |
1 i s "> i
lj > .
t , ~1
l l ) S
I2i» i '
lit .
-J
(
4
'
» i
> « ^
MM
s "
'Ih |
"
K * I
^
H7I
S |
K\
I '0 |
I i |
i 1 »
',0 i
60!
17' '
S vi
l*i- ,
} '»
i »
^ /
V
H i n |
1M 1
i i - 2
< tf 2
1 ) 0
2 1 * |
I f 7
<
J
1
1
,
2
i
SO
J <
121 1 '
1 2 7 f* '
L J 2 ,
( b H '
I
12^ 0 '
b 1 1 '
J 2 t "> I
6 ,h7 '
12? 7 i
l i l 7
12" 0
(i 9 S 1 i
1 L » i
J >21
1 ( 1 /
1 712
1 ,s> ,
l,si,»,
I ^)2>
1
i
<J
O7 !
1>I
U->
n
HI
Mhi
M2O
t 7>>
12'
»; I
'128.0
M37. 5
129. 2
»• 6, 8 3 5
1 000
] li )M I
«." |
12*
\U
8
1 2»> 0
r 4. 892
'2,115
1. 049
925
692
111
95
153
453
i
MJM
i s
' , tj '
l
1 2Vs '
M o !
v*
1 22> '
i r>7
I 161
s»2
1. 19M
6 174
r,,r,
68. 0
88.5
79.5
97.0
97.5
100. 0
82.0
r
1,242
6, 283
AGliKXXTi'R \L IN'COME
C : « n inc. ) r n e n o i n f o r m i t u i : l s e r * i ; " ^
C r o p s . . n i l ' m . - t - < k, , o i L b i n < " i k r i e .
L d j U i
ll2i L J ( H
LnadjuUi.
...
Adji'srrd.
rro])s
..„.,_
Lnestock nn.i products
j)ur> products
.
Mom animals
75,1)
71.0
57.. 5
83. 0
84.0
88. 0
65.0
70. 0
i
1 ->
!»'• 0
til. 5
78.0
82.0
79.0
64.0
95. 0
75. 5
64.5
85. 5
92.0
88.0
67. 0
79. 0
71.0
59.0
81.5
90. 0
82.0
65,0
i 17. 0
80. 5
09. 0
90. 5
93.5
94.5
70.5
96. 5
79.5
66.5
91.5
99- 5
91.0
74.5
sc;. u
85.5
72.0 |
98.0
104. 0
96. 0
89.5
^0.
73.
98.
99.
5
0
5
5
oi!o
85. 0
b\. 0
66.5
100. 5
102.0
105. 0
78.0
74. U
\)Z. 0
77. 5
107. 6
108. 5
114.5
82. 5
83. 5
' 96. 5
' 82. 0
' 110.0
r
108. 5
r
118.5
r
83. 5
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
Nondurable manufactures
do
Alcoholic beverages*
do
Chemicals *
_..
do
Leather and products
do
Shoes*.
---do
Manufactured food products*
do
Dairy products*
do
Meat packing
do
Paper and products*
do
Paper and pulp*
do
Petroleum and coal products*
do
Coke*
do
Petroleum refining..
do
Priulirc; and publishing*
do
Rubber product ,* . . .
do ._
Textiles and products
. do
Cotton consumption*..
do
Ra^on d°ii\erit s*
do.
^ilkdolivcrio,*
do
U o >i1 textile produr'tioL*
. do .
11 b'io o products
do
v Preliminary,
l-oi tt-\ ;M d data <>n m e
no!' m,ii \ t d w itli a "
121
122 I
134
151 i
116
118
118
127
147
in !
107 |
112 |
129 i
131
127 S
136 !
147 i
121 |
86
96
394
70
116 |
117 !
185 I
111
110 I
119
129
130
129
143
i
I
1
i
117
79
131 !
371
114
108 j
U2
120
110
88
89
116
123
130
131
116
'132
133
119
117
101
108
131
51
112 I
110
91
98
120
M65
109
124
123
113
r
] :;<;
109
103
109
105
109
134
51
98
112
120
120
128
153
123
118
126
135
141
133 I
141 j
150 j
124
93 I
6? I
4DO I
124
130
202
114
|
|
|
i
8P i
112
104
114
131
144
102 I
123 I
121 !
114
r
139
110
102
115
111
114
137
57
109
110
129
130
144
161
132 I
127 i
134 i
142 !
154 |
139 1
150 |
161 I
118 !
118 |
120 I
501 I
89;
137
135 I
213
119 I
108 ;
116 j
102
111 j
133
r
117
112 !
124 1
120
118
'142
114
108
126
118 I
120
138
65
120
118
134
136
155
164
132
133
132
149
167
142
154
154
119
127
167
544
142
152
141
229
121
108
120
98
102
126
90
127
127 I
124
118
135
138
158 \
166 I
126 i
130 ;
123 |
153 !
172 i
136 !
145 |
147 I
115
120
184
590
161
163
153
219
121
104
120
98
96
116
80
151 I
124 |
124
119
135
139
162
172
121
133
114
164
172
125
124
125 j
in !
'• 1 4 5
114
113
126
126
129
144
77
129
120
115 !
112
135
13*7
139
151
87
!
iua 19^9, see table 21. pj>. 16 to 18 ol'Hie ,hi!>- 1941 Survey.
141
183
624
152
136
172
263
121
93
122
99
95
115
79
159
123
124
119
149
115
112
137
140
142
154
79
145
98
116
123
113
138
142
167
172
119
129
115
176
310
100
176
181
112
102
143
148
175
181
123
133
118
185
190
125
117
"126"
131
'l30~
141 I
199
202 j
751 I
160 I
134
137
161
3 70
"no
144
186
672
151
204
178
121
104
106
104
"84
133
128
120
150
115
109
145
138
144
154
72
136
108
161
222
'• 182
307
122
94
123
117
121
104
r
92
122
r
131
133
120 I
152 !
115
115
151 I
143 j
108 !
335
126
100
128
128
107
' 105
122
r
136
137
119
154
114
121
155
147
156
150
74
J42
150
r 1 75
17!
130
13;i
128
142
I :-,9
152
157
185
172
134
! 12
I :w
2OH
196
161
142
190
{39
266
129
I OS
134
r 1 IS
123
r 112
r 134
119 i
r
137
' 140
121
r 133
119
- 124
157
150
160
280
218
379
134
120
133
121
123
120
1S2
132
145
r 126
14 S
122
164
HIS
165
121
For industrial production series, see nufe m a r k e d
S-2
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
August 1941
1941
19 40
Novem- December
ber
September
July
January
February
March I April
Mav
BUSINESS INDEXES—Continued
INDUSTRIAL PRODUCTION!— COR.
Unadjusted—Continued.
Minerals
Fuels*
An thra cite
Bituminous coal
Crude petroleum
Metals*
.
Copper*
Load
Zinc
.. _
Adjusted:
C o m b i n e d index
„
1935-39 = 100.
do . _
do. _ _
do.. _
do
do...
do...
do_ _ _
•
r
do _.
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*... d o . . .
Glass containers *
do _ _.
Polished plate glass
do...
Transportation equipment*
do._.
Aircraft*
do. _.
Automobiles
do...
Locomotives*
do...
Railroad cars*
do.,.
Shipbuilding*
do...
Nendurable manufactures
do...
Alcoholic beverages*
,
do.,.
Chemicals*
do...
Leather and products
do...
Shoes*
do...
Manufactured food products* d o . . .
Dairy products*
do....
Meat packing
do...
Paper and products*
do...
Paper and pulp*
do...
Petroleum and coal products* do...
Coke*
do__.
Petroleum refining
-do..
Printing and publishing*
do..
Rubber product?*
do..
Textiles ana products
do..
Cotton consumption*.
do._
Rayon deliveries*
__-.do._
Silk deliveries*
do__
Wool textile production*
do..
Tobacco products
do. _
Minerals
_„_
__-,--. d o..
Fuels*
do..
Anthracite
do_.
Bituminous coal
do..
Crude petroleum
do..
Metals*
do..
Copper*
do._
Lead
do_.
Zinc
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150
MANUFACTURERS' ORDERS, SHIPMENTS, AND INVENTORIES*
New orders, total
..-.Jan. 1939 = 100..
127
133
176
171
164
194
130
172
189
Durable goods
do j
159
157
246
237
163
285
277
2 H
,
Electrical inachinery
do
168
190
28S
294
258
208
253
257
296
303
228
Iron and steel and their products
do
161
151
304
214
211
140
216
250
304
295
199
Other machinery.
do
l."9
154
209
167
23J
238
267
267
277
212
247
144
162
Other durable goods
do
292
269
231
179
282
263
237
1 LS
107
144
Nondurable goods..do
129
10S
131
132
136
133
120
132
126
117
172
Shipments, total
do
148
146
124
145 !
148
165
152
159
140
127
20")
172
129
167
Durable goods
do
158 |
175
198
184 !
189
107
158
148
41
100 j
155
Automobiles and equipment
do... .
155
165
165
161
153
178
143
159
231
Electrical machinery
do
137
209
181 !
200
205
152
176
175 j
163
Iron and steel and thoir products
do
190 1
195
198
210
Transportation equipment (except auto47}
180
443
mobiles)
Jan. 1939= 100. _
336
268
188
211
244 !
325
370
284 I
2i'4
Other machinery
do
• 235
147
157
193
149
181
165
170
162 |
217
202
Other durable goods
do
132
147
167
206
171
172
163
173 j
176
183
Nondurable goods.
do
109
119
134
123
128 I
124
' 146
133
136
Chemicals and allied products
do
110
124
129 |
130 !
llf
142
144
146
121 !
108
Food and kindred products
do
112 !
122 '
114
113
120 |
131 !
120
123
1.14 |
Paper and all ied products
do j
135
133 I
146 j
129
134 |
142
137 I
148
152
142 |
Petroleum refining
do <
" !34
107 !
1.")!*
107 |
103
111 i
103
110
114
110
112 I
r
Rubber product? .....
do j
122
' 242
169
I
211
130
158
147
i
163 I
174
171
159 j
T
Textile-mill products
do j
M
143 j
03
160
142 :
113
136 !
141 i
140
154
157
!
j
;
Other nondurable goods
..
do '
123
123
103
132
07
1
4
7
I
147
142
130
114
134 I
14(
• Revised*
f Revised seri •s. Eevised indexes of industrial production fo
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 <%f". 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 iii
note marked with an "*" on p. 20 of the November 1940 Survey),.
Ij
in I
S-3
SURVEY OF CURRENT BUSINESS
August 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
1941
June
June
July
August
S
te
Xr
1941
Decem- JanuOctober November
ber
ary
February
March
April
May
BUSINESS INDEXES—Continued
1
MANUFACTURERS' ORDERS, SHIP- I
M E N T S , A N D INVENTORIES*—Con. \
Inventories, total
Dec. 31, 1938=100..]
D u r a b l e goods
do
j
Automobiles and e q u i p m e n t .
_._do j
Electrical machinery
do
|
Iron a n d steel a n d their products
do
|
T r a n s p o r t a t i o n e q u i p m e n t (except auto- j
mobiles)
Dec. 31, 1938=100.. |
Other machinery
do
I
Other durable goods
do
j
N o n d u r a b l e goods
do
I
Chemicals and allied products
do
:
Food and kindred products
do
!
P a p e r and allied products
do
I
Petroleum refining.
do
I
Rubber products
do
\
Textile-mill products
do
j
Other nondurable goods
do
]
"128.3
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r
COMMODITY PRICES
COST O F LIVING
National Industrial Conference Board:
Combined indexf
1923=100
Clothing
do.._
Foodt
do...
Fuel and light
do_.._
Housing
do...
Sundries
do... _
U S. Department of Labor:
Combined index*
1935-39=100
Clothing*
do...
Foodt
do._.
Fuel, electricity, and ice*._
do...
Houscfurnishings*
do
Rent*
.do...
Miscellaneous*
do...
88. 5
73. 6
85.2
86
88. 2
98. 6
85.5
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84. 2
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97.0
104.6
103. 3
105.
101.4
105. 3
105.8
103. 3
100.5
101.7
98.3
98
100. 1
104.6
100.6
118
118
107
126
114
146
98
95
81
81
104
104
83
102
112
100
82.4
90. 5
78.6
85. 5
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100.4
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78
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75
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78
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89
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137
161
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138
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93
81.2
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102.
102.
101.
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105.
102.
9
7
1
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9
8
5
PRICES RECEIVED BY FARMERS!
XJ. S. Department of Agriculture:
Combined index
1909-14 =--100.
Chickens and eggs
do...
Cotton and cottonseed
do...
Dairy products
do . .
Fruits
do...
Grains
_
do...
Meat animals
.
,.
do...
Truck crops
do...
Miscellaneous...
do...
RETAIL PRICES
U. S. Department of Labor indexes:
Anthracite
1923-25=1CO__
Bituminous eoal^
do
Food (see under cost of living above).
Fairchild's index:
Combined index
Dec. 31,1930=100
Apparel:
Infants'
do
Men's
..do
Women's
„
do
Home furnishings
....do
Piece goods
do
WHOLESALE PRICES
XJ. S. Department of Labor indexes:
Combined index <813quotations»)._1926=100.
Economic classes:
Finished products
do...
Raw materials
do._.
Semimanufactures
___.do
Farm products
do
Grains
do...
Livestock and p o u l t r y . . .
do
Commodities other than farm products*
1926=1OO__..
Foods
do .
Dairy products
do
Fruits and vegetables
do
Meats
do
Commodities other than farm products and
foods
1926 = 100
Building m a t e r a l s . .
do...
Brick and tile
do
Cement t do..
Lumbert.
-do .
Chemicals and allied products! . . . d o
Chemicalst
do....!
Drugs and pharmaceuticalsf.... d o . . . |
Fertilizer materials!
..do
'
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91.1
91.1
90.9
90 9
118.8
118.8
77.7
77.7
85.4
85.4
96.2
96.2
70.0
70.0
84.3
84.3
99.6
99.6
91.3
91.3
90.8
90.8
118.4
118.4
78.6
78.6
85. 6
85.6
96.5
96. 5
70.7
70.7
88.6
83.6
87.6
82.1
75.9
93.0
80.5
70.7
779
66 2
64 4
64.7
80.9
707
778
66.5
60 8
69.8
81.0
69.8
77 0
65.6
59 3
71.5
88.0
83.1
84.3
73.0
90.8
79.8
703
722
739
70.7
80 0
70 3
73 7
69 0
72.9
79 9
70 1
713
63.2
76.1
88.6
101.0
92.5
91.9
117.6
83.8
87.2
99.9
69.9
82 2
92.4
90 2
90 6
94 8
76 1
85.1
82.2
67.4 1
82 3
92.5
90 1
90.6
94 8
77 0
84.9
95.9
67.3
82.0
93.3
90.1
90.6
98 4
76.7
84.8
9H. 2
68.0
81.5
70.5
77 6
66.2
61.7
72.4
84.4
99.3
91.4
90.8
117.2
78.5
85.7
96.9
70.4!
84.9
84.9
99. 5
r 99.5
91.5
91.5
90.8
90.8
116.7
116.7
79.8
79.8
85.9
85.9
97.2
97.2
70.4
70.4
85. 9
85.9
87.4
100.
1 100.4
100.1
91.7
91.7
91.9
91.0
91.0
91.5
116. 7 116.8
116.7
81.8
81.8
83.6
86. 4
86.4
86.8
97. 5
97.5
98.7
71.0
71.0
71.1
R e v i s e d . »Preliminary. © N u m b e r of quotations increased to 887 in recent months. t F o r m o n t h l y data beginning 1933, see p . 18 of t h e April 1940 Survey.
§Data for July 15,1941: Total, 125; chickens and eggs, 127; cotton a n d cottonseed. 121; dairy products, 132; fruits, 93; grains, 98; meat animals, 154; truck crops, 130; miscellaneous, 107.
^Covers 37 cities in June, September, and October, 36 in N o v e m b e r , and 35 beginning in December.
f Revised series. National Industrial Conference Board'? 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 J a n u a r y 1941 Survey. For the D e p a r t m e n t 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.
"New series. For D e p a r t m e n t of Labor's index of prices of commodities other than farm products beginning 1913, see table 36, p 18 of the September 1940 Survey. F o r
indexes of manufacturers' inventories beginning J a n u a r y 1939. see m o n t h l y Surveys beginning with t h e September 1940 issue (description of data and figures for J a n u a r y - J u n e
1939 are available on p p . 7-13 of that issue except for revisions aiven in note marked with an " * " on p . 21 of t h e November 1940 Survey). Earlier d a t a for t h e D e p a r t m e n t
of Labor's cost of living series appear in table 19, p . 18 of the M a y 1941 Survey,
•102798—41-
4
SURVEY OF CURRENT BUSINESS
S-4
August 1941
1941
1940
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
June
September
July
Novem- | DecemOctober
ber
I ber
January
February
March ! April
I May
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...
Electricity
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
MetaIs, 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.)
59. 9
107. S
112.4
97. 9
113.7
m. i
99. 0
57. 0
9!'. ")
Hi'.h
S3. 1
84. 5
9 1 . r.
94. f,
61.9
29. 5
5L2
94.1)
SO. ()
58. S
95. (I
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
84.0
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
71.1
72. 4
84.5
49.2
96. 9
77. 1
88. 3
107.0
8S.5
94.8
81. S
94.9
94.8
79. 1
80.5
72.3
85.6
68.6
61.5
29.5
43.0
83.7
76.7
5S.8
93.5
71.0
73. 5
84.8
48.9
98.3
84.0
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
42.8
84.2
76.5
58.8
93.2
71.6
71.6
82.4
49.0
100.4 |
93.8 I
0.99
90.
7.00
107.
R.61
8K.6
5.00
95.
1.8
81.
8
7.3
97. 3
4.99
94.
3.66
83.
0.55
80.
3.66
73.
5.77
85.
1.55
71.
i l . 44
61.
9.5
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
129.9
128.7
154. 8
118.9
129.6
129. 9
154.8
118.6
130. 1
131. 4
153. 1
119.0
129 x
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
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
72.1
72.5 j
77. 6 |
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
72.0
70. 0
77.0
49.9
102.6
99.1
94.8
107. 4
89 5
95*. 8
82.9
97.7
95. 7
84.3
82.8
78. 4
87.7
81.1
60.4
29.5
47.7
93.2
77.6
58.4
93.5
124.7
129.4
141.4
118.2
125.0
129.2
142.7
118.1
123.6
128.5
142.7
117.8
( i. 0
72. 9
78. 1
51. 9
103.9
104. 7
95. 6
107.8 I
90 4 I
97. 1 !
83. 4 !
97. 9
95 9
84. 3
83. M
81.0
Xs, 7
86. 8
80. 1
121.0
125.8
133. 7
117.1
118.6
123.9
131.2
116.4
10fi! 4
110.3
96.9
110. 1
91.4
98. 0
84. 3
98.1
96.1
84.4
83.0
83.0
90.9
91.0
61.3
29 5 i 29.5
49.1
48^ i
94.1
7s!o | 79.6
58.8
58. S
96.7
94. 5
PURCHASING POWER OF THE
DOLLAR
Wholesale prices__.
Retail food pricesf
Prices received by farmers
Cost of livingf.
1923-25=100.
_._do_._
.
do
do...
119. 5
124.5
114.9
CONSTRUCTION AND REAL ESTATE
CONTRACT AWARDS, PERMITS, AND
DWELLING UNITS PROVIDED
Value of contracts awarded (F. R. indexes):
Total, unadjusted
1923-25=100-.
Residential, unadjusted
do
Total, adjusted
I
..do
Residential adjusted
do
F. W. Dodge Corporation (37 States):
Total projects
number..
TotaJ valuation
thous. of dol._
Public ownership
do
Private ownership
do
Nonresidential buildings:
Projects
number-.
Floor area___
thous. of sq. ft..
Valuation
thous. of dol...
Residential buildings, all types:
Projects
number,.
Floor area___
thous. of sq. ft_Valuation.
thous. of dol - Public works:
Projects
.
number..
Valuation
thous. of dol..
Utilities:
Projects
number. .
Valuation.
thous. of dol..
Families provided for and indicated expenditures for building construction (based on
bid?, permits). U. S. Dept. of Labor indexes:
Number of families provided for. .-1929=100...
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-fa mily dwellings
do
2-family dwellings
do
Multifamily dwellings
do
Engineering construction:
Contract awards (E. N. R.)§_.-thous. of doL.
HIGHWAY
/' 130
/' 105
,, 132
v 96
93
78
So
76
74
69
46.950
539, 10()
302,000
237. !00
26, 679
324, 726
147,316
177,410
0. 262
3!,898
200, 450
4,078
18. 028
91, 995
4, 130
23.413
138,954
52, 09S
205. 634
20. 584
33, 537
135, 274
28,
398,
204,
194,
466
673
5-oS
105
31.512
31,671
414.941 347,651
195,293 j 143,996
219,648 203,655
34,
383,
174,
208,
90
82
95
85
99
83
111
87
93
77
115
90
84
70
103
84
86
68
99
76
94
78
94
74
117
93
103
80
084
069
506
563
31,528
380, 347
194. 591
185, 756
34, 959
456, 189
257,693
198, 496
21. 462
305, 205
111.124
194, 081
25,001
270, 373
90, 425
173, 948
32, 304
479, 903
226, 392
253, 511
H6, 3S0
400,675
108.817
237, 858
48. 531
548, 700
254, 836
293, 864
r
r
104
101
88
r
23,654
119,189
5, 135
23, 431
101,295
7,284
34, 028
136, 405
6,144
33, 890
148, 367
8,746
42, 129
182, 618
3,438
23,918
118, 757
4,120
19,718
90, 058
5,668
29, 451
201, 458
5, 233
31,509
143.304
8. 446
44, 596
202, 492
140', 430
24. 277
38,987
152, 988
24. 758 24. 888
41,630
40, 778
152, 372 148, 469
24, 009
42, 151
152, 838
24,176
48, 183
159,275
16, 936
28, 450
111,300
19.746
29.322
116, 459
25, 325
35, 801
147 859
29, 499
41,978
100,462
38, 093
54, 571
201.,274
1,789
74, 433
1, 086
85, 681
1,339
50, 898
1, 4S2
73, 220
921
51, 430
761
73,447
812
59, 022
725
42, 242
975
119,358
84 592
1, 283
71,426
1,5^9
96,, 501
400
33.385
228
23, 024
203
33, 60S
351
23, 406
439
34, 086
430
24, 975
454
27, 712
476
40,849
276
15, 520
410
21, 614
45 994
365
25, 4S3
403
48,, 433
112.0
63.0
79.5
SO. 4
86.2
98.0
67.4
66.2
63. 7
63.4
54.0
116.3
106.0
54. 9
80. 7
19.7
69. 2
46.7
45.2
31.0
69. 1
56. 0
56. 4
39. 7
65.8
55.
55.
40.
60.
51.4
60.5
28.0
60. 5
77.7
68.5
69.8
57.0
60.8
47.4
60.3
43.5
63.4
45.6
67.4
40.2
41.8
43.8
27. 5
43.7
39.9
43.6
24.4
43.8
17.1
59.8
22.4
54.5
29,861
24, 147
2, 127
3, 587
30,031
29, 093
3, 003
4, 535
38, 481
901
3, 973
4.271 j 0,547
I
397,253 I 308,252
- 43,099
30, 104
3, 475
r
9, 4C0
31,126
23,211
2, 375
5, 540
29, 202
21, 205
2, 073
6, 864
26, 727
18, 398
1,917
6,412
27. 480
20,512
2.429
4, 539
35 097
27 103
2 760
5 364
702, 842
382, 724
398, 704
584, 549
424, 269
5, 788
1,045
3,17ii
1, 574
6,882
922
3, 673
2, 287
5. 050
1,195
2,197
1,658
4,496
644
2,262
1,580
4. 967
832
2,814
1,321
589.221
22, 387
252,763 j 347,852
5
5
9
4
36, 91S
336
65. 3
82 2
3-11
02,5
452 430 381,503
60. 6
' 74.8
30. 9
67. 8
409, 371
CONSTRUCTION
Concrete pavement contract awards:
Totalt
thous. sq. yd__
Airports*
do_
Roads
do
Streets and alleys
do.
r
1. 786
6, 756
468
4, 575
1, 713
5, 478
251
3, 406
1.821
868
[,049
I 3GS
2,083 I
227 j
819 !
1,037 |
3 567
1 029
1 531
1 007
5, 042
1.358
2, 087
1,596
7,782
2. 804
3. 425
1,553
Revised.
v Preliminary. §Data for August and October 1940 and January and M a y 1941 are for 5 weeks; other months, 4 weeks.
*New series. For indexes of rayon and silk prices beginning 1926, st>e table 2", p. 18 of the M a y 1940 Survey
Earlier data for concrete pavement contract awards for
airports and for the total revised to include airports will appear in a subsequent issue.
f Revised series. Indicated series on "Purchasing power of the dollar" revised beginning January 1935; see table 4, p . 18 of the January 1941 Survey. For revision in total
concrete pavement awards see note marked with an " * " . Revised data on dwelling units for 1939 are shown in table 18, p. 17 of the M a y 1941 Survey. Estimates beginning
January 1940 cover urban areas as denned by results of the 1940 Census; revised data for earlier months of 1940 are available on p. 22 of the June 1941 Survey except for revisions in April figures as follows: all types, 38,324; inulti family, 7.013
SURVEY OF CURRENT BUSINESS
August 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
1941
1940
June
August
September
1941
Novem- DecemOctober
ber
ber
May
CONSTRUCTION AND REAL ESTATE—Continued
HIGHWAY CONSTRUCTION—Continued
Status of highway and Grade crossing projects
administered by Public Roads Adran.:
Highways:
Approved for construction:
Mileage
no. of m iles.
Federal funds
thous. of dol...
Under construction:
Mileage...
no. of miles..
Federal funds
thous. of dol...
Estimated cost
do I
Grade crossings:
j
Approved for construction:
j
Federal funds
do_
Estimated cost
do.
Under construction:
37,
Federal funds
do.
39. •
Estimated cost
do_
3, 030
32, 356
2, 892
33, 555
2,926
35, 949
3, 047
36, 845
3,100
36, 477
3, 322
39,100
3, 021
42, 405
3, 765
42, 755
9, 439
9, 390
8, 906
128,737 131,014 127,250
257, 567 264, 589 256,691
8,236
121,566
244, 464
7,536
113.922
228, 840
7.315
113, 671
227, 763
7.413
115,932
232, 054
7,773
121,029
241,877
8, 334
126,387
246, liy
8 777
134', 641
261,530
9,473
9, 855
9, 081
9,307
10,123
10, 781
10. 573
11.065
10,331
10, 719
10, 060
11,632
13, 000
13, 535
36,753
17,812
35, 831
37, 226
34, 813
36, 352
32, 483
34, 001
32,072
33, 592
33. 226
34, 715
35, 292
36, 768
37, 648
39, 300
37, 3K4
38, 972
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
212
209
231
194
216
212
209
231
194
216
213
2! 3
230
190
216
21")
211
231
189
189
191
192
193
193
193
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
llfi.O
120. 8
98.7
133. 8
110.9
120.8
98. 5
133. 9
119.3
120. 6
99. 8
134.0
119Ji
121.0
134.0
119. 9
121. 1
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
99.6
136.5
119.6
121. 2
99. 6
136. 5
119. 6
121. 2
99.7
136.6
122.8
121.2
101.7
136. 0
123. 0
121.3
101. 7
130. 0
123. 2
121.4
100. 3
134. 3
121.9
121.5
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
99 A133. 2
117.2
121.1
99. 2
133. 4
121.2
121.6
100. 8
133.7
122. 1
122. 1
100. 7
133. 7
122. 3
122.2
94. 6
133. 6
115.0
116.8
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
97.7
130.7
112.5
118. 6
96.3
131.3
114.3
116.2
95. 6
132. 1
114.5
118.0
95. 2
132. 1
114.6
117.8
92. 1
334. 2
110.4
115.5
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
130 i
109.1
117.7
97. 5
i;;o. 3
J'H). 1
117. 7
95.2
131.0
110.5
114.7
93. 7
131.9
110.9
117.0
93. 1
331.9
111. 0
110.0
258. 2
242.2
242.2
244.1
245.0
247.2
249.1
249.7
255. 0
256. 8
110. 9
112.0
125. 7
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
114.6
.111.0
121. 9
114.9
111.3
122. 2
315.6
112.0
122.9
110.0
112. 1
123.9
100, 214
84, 357
88,074
89,379
84,689
92, 083
66, 754
56, 878
54, 728
52,116
75, 516
92, 401-
119. 566
4,731
50, 724
4, 034
43, 925
8, 915
121,248
242,425
9,612
126,761
253, 523
10,119
11,094
9, 652
10,596
9, 496
10,198
9, 779
10, 214
37,013
38, 239
37, 682
39,010
38, 323
39,674
35, 975
37, 543
202
191
220
184
208
202
192
220
184
209
202
192
220
184
209
188
188
99. 2
134.9
119.3
120.3
96.5
132.1
114.5
118. 8
101.3
136. 9
122. 7
120.8
3,902 I 3, 578
3/, 242
41,210
CONSTRUCTION COST INDEXES
Aberthaw (industrial building)
1914=100..
American Appraisal Co.:t
Average, 30 cities
1913 = 100..
A tlanta
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
194
193
215
214
231
197
219
195
197
252.
4
REAL ESTATE
Federal Ilousing Administration, home mortgage insurance:
Gross mortgages accepted for insurance!
thous. of doL.
Premium-paying mortgages (cumulative)
thous. of dol._
Estimated new mortgage loans by all savings
and loan associations, total... thous. of dol._
Classified according to purpose:
Mortgage loans on homes:
Construction
do
Home purchase
do
Refinan ci ng
do
Repairs and reconditioning
do
Loans for all other purposes
do
Classified according to type of association:
Federal
tnous. of dol -.
State members
- .do
Nonmembers
do
Loans outstanding of agencies under the Federal
Home Loan Bank Board:
Federal Savings and Loan Ass'ns, estimated
mortgages outstanding
thous. of dol..
Fed. Home Loan Bks., outstanding advances
to member institutions
thous. of dol._
Home Owners' Loan Corporation, balance of
loans outstanding
thous. of dol_.
Foreclosures:
Nonfarm real estate
1926=100..
Metropolitan communities
do
Fire losses
.
thous. of doL.
3,108,723 2,288,348 2,348,663 2,411,632 2,479,964 2,559,984 2,628,851
133,640
106, 984
44, 207
55, 993
17,891
5, 633
9,916
35,523
38,402
17,147
5,691
10, 221
57, 542
54, 857
21,241
47,435
42, 214
17,335
,706,353 2,785,138 2,846,467 2,908,104 2,968,407 3 033,684
117,622
111, 775
114,400
94, 567
88, 553
80,440
82, 330
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. 758
9,423
32, 584
33, 875
14,441
4, 869
8,798
30, 032
31, 405
14, 575
4,248
8, 233
26, 662
27, 809
13,645
3,784
8,540
26, 483
30, 283
14, 204
3. 573
7. 787
48,676
45,414
20,211
50,305
46, 807
20,510
40,480
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
35, 645
35, 301
11,334
114,301
105,162
120,631
130, 953
33, 250
41, 784
16, 903
4, 765
8. 460
IS 680
48 .'•'. 1 1
10 '.Hi 5
0 ;-;os
10 30!
97"
;vi, 7M1
18. 50(
5,93(
1()', 761
45, 365
43, 947
15,850
51 371
")0 '.,'50
18 304
55 3<)f
54, 495
21.' 062
1,688,297 1,405,100 1,432,100 1,461,867 1,487,974 1,515,392 1,533,246 1,546,270 1,564,168 1,578,543 1,600,482 1,628,42! 1,057,647
169,897
157,397
162, 222
168,402
176,017
181,526
185,547
201, 492
170. 849
156, 899
145, 959
141, S 28
145, 273
1,870,305 2,012,760 2,004,737 1,996,443 1,987,611 1,980,704 1,968,816 1,956,268 1,942,427 1,929,346 1,913,862 1,899,85*1 11,885,08'
89
80
24, 943
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
96
90
26, 470
87
83
26. 102
100 j
90 !
95
92 I
90 I
84
31,471 i 29.330 ! 25,037
I
Dnth are shown as of the end of the preceding month. The Engineer-
SURVEY OF CURRENT BUSINESS
S-6
Monthly statistics through December 1939. to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the
June
1940 Supplement to the Survey
June
I July
i Octoberj
August
August 1941
Novem- ] December
i ber
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:
j
, 127
Cost of facilities, total
thous. of doL.j
004
Automobiles and accessories
do !
41
Clothing
do I
Electric household equipment
do I
Financial
do j
Foods, food beverages, confections^--do
j
House furnishings, etc
do i
Soap, cleansers, etc
do |
Office furnishings and supplies
do j
Smoking materials
do._._ j 1,290
Toilet goods, medical supplies
do I 2, 4r>l
All other
.
do |
Magazine advertising:
|
Cost, total
do....|
Automobiles and accessories
do j
X03
Clothing
do |
(.12
Electric household equipment
do j
Financial
do j
Foods, food beverages, confections
do j
so:-)
House furnishings, etc
do i
397
Soap, cleansers, etc
do j
Office furnishings and supplies
do j
Smoking materials
do
Toilet goods, medical supplies
do i
All other
do I
Linage, total
thous. of lines.
Newspaper advertising:
Linage, total (52 cities)
d o . . . ins, 132
Classified
do ._ '24. 294
Display, total
do. _ _ 84, 138
4,91*
Automotive
do.._
1,0; 14
Financial
do - _.
10 302
General
do...
01,
193
Retail
do...
i
84.6
62.5
85.3
76. 9
82.0
358. 4
84.1
87.4
58.5 I
63. 0
88.4 !
79.9
74.6
80.4
86.4
89.4
416.5 | 416.3
7, 086
680
54
0
81
2, 039
85
846
0
1,157
1, 926
218
7,137
498
35
0
94
2, 095
87
977
0
1,193
2, 002
158
! 86.4 | 85.4 |
I 58.3;
66.1 i
j
83.0 |
80.9
| 79.4 '
78.8 I
! 87.7
78.8
i 396.8
355.9 I
15, 648
2,415
807
657
504
2,391
82G
546
150
863
2, 420
4, 069
2, 014
6,842 j 7,273
489
506
55
33 ;
0
0I
87
90 !
1, 189 ! 2,018
91
874
907 I
0!
1,169 j
2,088 I
1, 224
385 I
1.897 i
235 ;
10,797 10,005 ! 13,635 I
1,439
1,215 i 1,611 i
231
487 i 1,061 i
281
261
149 ;
378 i
343
283 i
I
2 138
2,004 I 2,140
8or
304
235 i
429 j
413
382 i
305 i
8(
188 \
790
7(52
698 !
2.147
I
1.96W
1,709 I
2,857
2, 656 ' 3, 668
2,410
1,706 !
1,888
103, 290
23,216
80. 074
5, 639
1, 485
17,009
55, 880
84,440
21. 194
63, 246
3. G2-S
1.827
13,043
44, 748
9,832
742
50
0
92
2,530
103
1,011
2
1,302
2, 609
1,390
0I
S9. 0
68.8
S4. 1
83.2
83.5
91.0
63.3
83. 6
85. 0
90.7
8,979
807
62
0
99
* 2, 623
58
1,040
0
1,336
2 4S8
467
8, 655
636
46
0
99
2 527
47
1,045
0
1.352
8. 595
656
09
0
100
2,614
45
994
17,914
2, 542
1, 210
' 694
551
2, 763
845
568
304
973
2,472
4,993
2,920
17,581
2,816
1. 124
832
449
2.444
1,097
T
548
235
795
2.50." |
59.4
80.9
80.5
89.3
87.7
61.3
83.7
80.0
104.5
9.307
857
63
(a)
97
2,664
105
1,001
17
1,376
2, 626
503
9, 082
780
59
0
105
2, 557
67
1, 052
17
1,416
2, 639
390
8, 106
698
60
0
92
2, 290
46
915
0
1.263
2, 355
387
15, 861
13,589
2.427
1,270
745
878
646
531
336
432 !
2,003
2, 582
G84
945
240
471
345
248
682
874 '
2,081
2, 295
4, 558
4,180
1,691
2, 460
8,713
1,056
305
94
321
1,615
265
190
137
673
1,177
2,881
1,888
12, 524
1, 584
592
245
380
2, 198
434
435
219
702
2,135
3, 599
2,319
122, 786
21,918
100, 868
4. 124
1, 742
13, 549
81, 452
93, 171
21,353
71,818
3, 663
2, ?95
12.544
53, 315
9,016 I
724
74
0
91
2,480
93
949
16
1,281
2, 365
943
16,626
2 742
T^ 216
525
452
2,440
1,177
441
219
776
2, 433
4. 207
2, 432
92.1
73.9 |
80.7 I
87.6
84.4
82.9
63.4
72.6
77.7
79.8
66.7
85.3
79.7
62.5
340.1
92,041 106, 701
22, 328
21.964
84,373
70. 077
5, 035
3,619
1,322
1. 196
14, 546
12, 046
63, 469
53,216
118, 7S4
22. 786
95, 997
6,471
1, 606
18.511
69, 409
113.191
21.071
92, 119
4,973
1.359
16, 796
68, 992
72.5
72.1
72.6
73.9
75.1
1, 627 |
1, 537 |
1,479
1,792
2,084
1,673 1,866
1,668
1,890
1, 761
4,527
42, 719
4,373
41, 646
4,914
45, 154
12,469
15,096
14,177
99,068 | 119,500 111.864
1, 248
1, 478
1,843
93, 963 114,377
20. 690
24.712
73 272 89, 665
5, 250
5, 907
1.432
1,841
14. 806
17.228
51, 784
64. 689
I)
1.394
2, 444
279
" 311)
2. 686 |
i
119.230 |
24,911
94,318
6. 900
1,976
17.625
67,811
IS.741
3, 086
1, 16".
849
454
r
2, 410
1, 404
r
301
943
2, 340
5, 223
122, 443
25. 624
06,818
6. 939
1,743
18,314
69 $2'>
GOODS IN W A R E H O U S E S
Space occupied in public-merchandise warehouses
percent of totaL-
71.0 |
76.2
78.1
1,712
1,872
1, 801
1,732
4,879
44, 982
4. 496
43. 005
5, 553
53,309
4, 845
46.535
4, 794
46. 898
15,876
123, 430
1,719
14, 541
111,638
1,328
13, 530
104, 754
1,195
16.096
128, 510
1,244
15.0-4
IIS. 150
1,125
14,802
116, 544
45, 390
5, 539
32,316
4,001
30.536
3, 777
34, 036
4,159
34. 486
4. 193
33, 722
3, 961
150
169
143
178
178
209
215
185
235
190
246
209
124.0 130.0
133.0 133.0
128.5
144.0
132.0
148. 0
132.0
145. 0
NEW INCORPORATIONS
Business incorporations (4 States)
number..
1, 710 j
POSTAL BUSINESS
Air mail: Pound-mile performance...millions..
Money orders:
Domestic, issued (50 cities):
Number
thousands. _
Value
thous. of dol._
Domestic, paid (50 cities):
Number
thousands,.
Value
thous. of doL.
Foreign, issued— value do
Receipts, postal:
50 selected cities
do
50 industrial cities
do
RETAIL TRADE
1, 597
I, 821
\ 001
:. 516
1,634
j
1.719 I
4,220 ; 4,134
4,151
38,218 I 40,144 i 39. 472
I
13, 138 | 13, 106 '' 13, 106
97,435 | 100, 955 102,390
1,362 | 1,519 | 1, 494
• 28, 666 |27.626 ! 28, 974
r
3, 455 i 3,505
3,568
3. 901
39.041
30, 325
3,572
1, 632
35, 233
4,194
33, 201
3, 686
i
Automobiles, value of new passenger-car sales:fl!
Unadjusted
1935-39 = 100. _
Adjusted
do
Chain-store sales, indexes:
Chain-Store Age, combined index (20 chains)
av. same month 1929-31 = 100..
Apparel chains,_.
do
Drug chain-store sales:*
Unadjusted
1935-39=100..
A d justed
do
Grocery chain-store sales:
Unadjusted
1929-31 = 100
Adjusted
d o . . . . | 'r) 133.
Variety-store sales, combined sales, 7 chains: f j p
Unadjusted
1935-39=100..
HO.
Adjusted
do
j p 110.
Chain-store sales and stores operated:
Variety chains:
H. L. Green Co., Inert
3.927
Sales
thous. of dol__
151
Stores operated
number._
S. S. Kresge Co.:
Sales
thous. of dol__
Stores operated
.number
S. H. Kress & Co.:
Sales
thous. of dol__
241
Stores operated
number,_
McCrory Stores Corp.:
Sales,-thous. of dol._
13d
141
78
113
74
97
119.0 i
120.0 !
119.0
132.0
122.8
134. 0
121.0
137.0
120.0
132.0
124.0 !
136.0 !
128.0 I
149.0 !
98.5
104.8
99.4
103. 8
102. 2
107.6
P8.6
102.7
104. 7
103. 2
105.2
105.3
1403
103.8
104.1
108.7
100.4
107.4
109.2
109.7
107.7
111.4
v 113.2
P 117.0
112.8
111.1
109.9
112.2
110.0
114.6
110.2
112.4
112.4
111.8
115.3
115.3
120.8
117.2
118.4
122.1
123.4
122.8
127.4
126.1
130.2
126. 4
130. 8
128. P
99.5
104.4
97.6
106. 5
95. S i 103.9
109.2 : 108.1
108.0
109.7
112.9
109. 7
225. 2
110. 3
80.5
119.9
92.1
116.2
94.8
113.2
• 116. 1
' 116.4
• 110.2
' 114.0
3,784
151
3,334
151
3. 657
3,992
150
4,395
150
7,972
150
2,996 !
149 i
3,546 i
149 !
4,227
149
4,315
150
11,643
676
10,458
677
10,870 ! 12, 626
682
681 !
13, 290
684
24, 683
684
9,409 ! 10,150
678 I
675
13,314
673
13,443
073
6,310
239
6,514
239
7, 659
242
15, 732
242
5,921
242
7,156 8, 0C2
242
242
7,958
242
158
137
11,7
6,691
239
3. 536 |
149 !
6,839 I
239 i
154 |
124 i
7,514
241
163
135 !
r
6,222 !
242 j
11, 507
675
3, 334
3,377
3,611
3. 626
3,768 ; 4,058 j 8,028 | 2,926 ! 3,224
3,691
4, 241
4,101
202
203
Stores operated
number..
202 I
202 i
204 i
199 !
199 >
199
201
203
202
199
200
Revised.
v Preliminary.
§ Index discontinued December 1940; data for radio adv-ertising are included, however, in combined index.
° Less than $500.
tRevisert 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 reviserldata, see notes marked with a "f" on p.. 24 of the September 1940 and December 1940 Surveys, For revised data
on value of new passenger car sales beginning 1929, see page 20 of this issue, and for an explanation of the revision, p p . 18 and 19.
•New series. For data beginning J u l y 1934, see table 1, p . 11 of the November 1940 Survey.
r
S-7
SURVEY OF CURRENT BUSINESS
ust 194!
Monthly statistirs through December 1939. toJJMJ
get her with explanatory notes and reft-rencer . ~ to the -sources of the cla*a, may be found in the
hi,,,.
1940 Supplement to the Survey
11)41
1U4O
June
July
ii;iM
je^f/^Q,.
°i-»ober
DOMESTIC THADE
KLTA1L TKAUK
* °^™~
un
'"f^r
Jamia»\
Fi'bruar\
March
April
.
M.i\
(Vmtinuod
<''.ntin«KMi
<7.'( . Mu'rphv ( V .
I !i!2
202
•h..ii..,,
J)2
K \ \ . \\'('l\w l .»:» <"«'
2o, 021
.Mill
«ron s< p. • ,t(.M
< >rlior f'l'iut\\
I (inn* 5 „
2*,'>'<)",
_ (ii',
2< ,^2^
2. (Mi
• s - .if (iol
7 V)
•2'} -.s2
"2«, 4 r '2
2 " .! P T
2» »'.^
2,021
*2. i ' 2 1
^ 27i»
10.172
2". 7 "
* ^S4
202
<».ulJ
2i "1
2U, b ^
o 1 7)7!
2.02,
2 02.}
in
"fi'i
20,0 id
..17^
204
22oos
2.021
i, .">U
201
1.021
2Ul
2s»'h(.
2 o2.^
2'), W >
2.020
2",.>t
1 "s'.i
• , ai.ivlri-'ti 1 '
i'. >>
4, M
A i l ITIT 1 +
do
- .00
- 1 If"
L-" «-2rJ - 100
{
,1
-
"!
1 l'l
*»
j ; ,
T,
,0s
'i '
JO:;
-4
ll'2
• ir.
[
()'
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EMPLOYMENT CONDITIONS AND WAGES
E M P L O Y MEN V
r i v ' j fun i
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2'*, > 2
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I 2 •> 1
SURVEY OF CURRENT BUSINESS
S-8
1941
1940
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
August 1941
Juno
! July
Decem
October Novem-1
ber
j ber
Sep-
| August
tember
January
February
March
April
|
May
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
;
Mfg., u n a d j . ( U . S. D e p t . of Labor)—Con.
D u r a b l e goods—Continued.
M a c h i n e r y , excl. transD.equip. 1923-25 = 100.. •
167. 2
115.1
116.1 |
119.2
Agricultural implements (including trac130.6
131.2
137.3 ,
tors)
....".
_.__19?3-25 = 100__: 171.9
Electrical machinery, a p p a r a t u s , and j
103.3 i
103.8 i
106. 6
supplies
.
1923-25 =100..i
158. 1
Engines, turbines, water wheels, and
158, 1
167.5 i '176.0
windmills
1923-25-100. 286. 5
Foundry and machine-shop products
\
96.9 !
98.0 \
100.5
1923-25 = 100-.' 138.8
229,1 !
234.8 1
237 5
Machine tools*do
', 337. 2
141.0 |
143.4
157.1
Radios and phonographs
d o . . _ . ; 179.9
106.6 |
107.0
113.8
Metals, nonferrous, and products
do
! 142.4
129.6 i
138.2
127.1 •
Brass, bronze, and copper products-do
; 190.0
82 9
82.4 !
84. 5
Stone, clay, and glass products
do
\u\. 5
63 1
61.1 !
64.4
Brick, tile, and terracottado.. .
71.2
101 9 , 103.3 |
106.9
Glass
. - -- . - . . . - . . d o ___' 121.5
:
105. 1
99. 7
111 3
Transportation equipment*"
-..do
170. 1
Aircraft1"
..'Ao __ fi.t.K 2 2,913 5 3, 1 H). 6 ' 3,478.6
s.'i. 5
HM.y
Automobiles ..
. — .do..135.0
162 8
17a 2
181.1
shipbuilding
. . . .
.
. do . .
321.9
106.2
107.8
112.2
N'ondurable goodb"'__.
.. .
_
do
120. s
Chemical, petroleum, a n d coal products
119 0
118.5
119 4
1923-25-100
13i.5
140.4 ,
138 3
Chemicals
do
172.1
126 1
121. 6 '
123'. 5
Paints and \ arni.^hes
.
..do.
114.7
123.2
122.9
122. 7
Petroleum refining
do
1 •_>.". 6
306 0
306 9
307. 7
K.u-on a n d allied p r o d u c t s . .
<Io
326.0
129 7
135. 4 - 145.8
Form arul k i n d r e d p r o d u c t s
.
dr.
131.7
117 0 :
147. 1
116 6
Making
.
do
i;y> 1
108 '? •
113. 1
106, 8
Slrtiijrht'Tinc -md meat p.ickina . d o
120. 1
86 8
9'. 6
92. 0
.Lofithor a n d its m a n u f a c t u r e ?
do
MS. 6
si 8
90.7
91. 1
Boots a n d shoe>
.
do. '',">.>"
114 5
114.7 ;
115.2
Paper and printing
do .
121.4
116 2
117.1 116.9
Paper and pulp
. . . do.
ui.9
^r>. 9
S3 1
S3 5 '
•Rubber products .
_.
..
do
110.9
Rubber tires ;ind innor tubes. . . <<
' -» .__
v>, s
hX 5
60 3 :
70.5
\V± 5 •
93 - ,
99. 7
Textiles and their productst
.do „
112.5
Fabrics!-.,
., .
do .
ioh. l
85 7
88.0 i
90. 4
107 9
101.9 '
116.7
Wearing apparel
. . . . . . . do
121,3
61 9 ,
62.4 64.4
Tobacco marrifaemre-N . _
do
.15.5
(
Manufacturing, adjusted (Fed R e s v x e . t
lo3 9
Jo" 1 ' 107.4
do rjs. 1
W 0 : lo»;. 1
104.3
Durable goodst . . . . . .
.
do
;.33.6
Ircri and steel and their product:?, not mI03
7
1"7.
3
ill. 1
chiding m:ichiih>"\ . . . . i92o~25~ l"o
1,^,7
Biust furnace*, steei v, crk^. .iml rolling
1 lardv\ are
.
._•]•»
Strnemrai and omar^-Mal uu^-A -.v.ik
I is
11*
*>T3
IUO
Fjniil.er Ji-t allied pro-:uct>
Fi(rnilUT\
Lmrn >•[, >.iwmilli?
d<dr
an
M i u l i i l U T N , (>\cl. II",ON];, e q u i p
>U>
\griculturf»l
i m p l e m e n t s
'iip'iii'iinu
. . .
..
ir.ti
j
'".7 ?
'0
• >0
i n '.»
rrar-
Kleetrical m a c h i n e r y , *ipparato>. a.;d s u p plies
'
H»l'.j •'." -HA)
I'in^iiKK, t i i r b i n e s , w a t e r >A J u r i s , a n d
windmill*
_
r.i23-25 - JO0
Foundry an-.l uia"l'.ine-sh<.p products
1923-25--100.
M a c h i n e tools'1.
;t) Ml.
'>»,
d o .
Radio.-; a n d p h o n o g r a p h s . . .
. d o .
Metals, nonierrous, and products
.do
Bra-s, bronze, anrj copper products do
Stone, clay, and ulass product< . . . . d o
B r i c k , tile, a n d t e r r a c o t t a
do .
Gias>. . . .
..
_ . __.do _
i rMnspntt-ition e q u i p m e n t 4
. . <A\^ .
Aircraft*
. .
.
_'!o .
\utomobile. __
do
^•iipbuiUJinc*
. . . ..
d o _.
INond'irable goods*
_
.__ . . d o . . .
Chemical, r>"troleum and coal products
1^23-25-100-.
Chemicals
do . .
P a i n t s and varnishes
do
_
Petroleum refining
do
Rayon and allied produces . _.
d<~
Food a n d kindred products
do_
Baking.
.
_«-...
Slaughtering and moat p a r k i n s . _do _._
Leather and its manufacture*- _
..<!".. .
Ri-otsand shoes
.
.
.ilo .
Paper and printing
. . . do _
Paper and p u i p
..
.
. . . do
R u b b e r product*
.
do
R u b b e r tires and inner nibes> . . ..<lo
Te-cfles a n d tlieir products. n o ..
Fabric.st .
.
,|u
Weariner a p p a r e l . _
>io
Tobacco m a n u n e i u n .- .
*i*-»
!•>*"
_'7."<
131.2
136.1
139.8
143.5 !
147.7 [ ' 156. 2 ; r 162. 0
134.9
136.6
143.2
149= 6
144.2 j
132.6 !
111.2
116.1
120. 6
125.8
129.4
136.4
ni.:. '
' 183. 4
'191.6
r 200, 5
222.4
' 236. 3
103.4
248.0
159.5
119.8
146. 6
85. 8
64.7
109. 3
126. 9
3, 764. 3
112.2
188.1
114.4
106.7
257. 9
163.6
126.1
154.9
87.5
65.0
113.2
139.5
4,115.9
125.1
197. 4
114.8
110.1
265.9
159. 4
129.9
162.4
88.6
64.8
117.0
146.0
4, 402. 3
129.8
204, 1
113.9
114.1
276. 0
158.5
131.2
168.1
88.7
65.2
116.8
149. 2
4, 684.1
130. 2
221.0
114.8
117.4
285. 8
147.5
131.1
171.5
85.9
64.8
114.4
152. 6
5, 037. 7
128.5
240.3
112.7
123. 0
143. 4
126. 1
122.6
311.7
147.4
146.6
108. 0
90. S
:
89.7
; 116.2
i 116.7
i
89.4
\
72.6
!
102! 6
1 92.8
1 120.7
65.8
125.3
145. 6
125. 1
121. 2
311. 1
341.3
145. 9
109. 6
90.0
88.4
117.6
115. 1
92.6
73.9
104. 5
96.1
118. 9
66.5
125.6
148. 0
125.9
120. 7
314.5
132.5
145. 5
116.2
87.0
84.. 1
118.5
115.7
94.4
75.2
105.5
98.7
116.2
66.8
125.8
149. 9
126.0
119.8
315.1
130.5
144.1
125.0
90.6
88.0
119.5
115.9
97.5
76.9
107.0
100.4
117.2
65.6
126.0
152. 0
126. 3
119. 1
313. 5
121.4
140. 5
116.3
93.4
91.4
116.7
115.7
98.8
77.9
106. 4
99.7
116.8
60.8
127 s
155 1
: -JA. f.
119! 2
311.0
119 1
142 9
ilO. t.
96 9
95 0
117.1
117.3
100. 7
7s, 6
110. 1
lol.7
124.2
63. 7 |
111.4 ! 114.2
111.2 i 114.6
116.6
117.5
118.3
121.1
118.6
122 1
11'., 4
1210
116. 1 \
118.9
122.4
124.8
125 5
!26 2
\
127
105 j
109
130
113
133
113
91
104
75.2
75 0
"11.0
101
104
o7
136.0
96
109
76.3
97
68
141.2
(','
141.2
14s 1
t',5
I5h 2
H.I 1*
!
'
!
!
j
!
J
i
108.9
107.4
112.9
123
102
125
81
• 16 6
78 •
MS i
>,'j 0 !
90 '
62
120. u
96
70.6
91
64
122,5
84 !
99 :
71.3 1
91 >
64 :
126. 6
St.
75
100
»,7
5
sw
»",0
12:5
*9S
210.5
r
"217.6
168. 5 | r 170. 7
I 17. 3
154 0
r
257 2
271. 6
120 0
130.11
134.0
123.6
297. 2
316.9 ; - 325. h
307. 1
141.8
158. r>
1 19. 1
173.7
• 1 3 S . IJ ' r 139.9
134 7
136 9
IM). 5
182. 5 ' ' ls.4.4
17 ".9
r
s6 9 '
93. 0
95. 6
s". 7
64. 1
».<•. 2 ' r 72 7
n~). \
121. s , ' 124.0
115 s
11** "»
161.2
; lf»6. 4 1 ; 171.3
157 2
5.34 4 0 5, % 3 . 7 '
293. s
131.5
'l30 1
' *"l32.4 1 ' 133. s
2-"'i 6
294.4 ! ' 307. 1
272 1
in; 3
117s,
lls.7
1' K 7
i3() 7
159. 3
1X2.')
r
'M'2.''i
120.3
145.0
1 U). 7
OS. 7
°7 0
118. 1
1} s. 5
11 )2. 8
M). 0
U 1.0
Io2 7
127. 2
63 3
• 134. \
162.4 ,
137. 4
120 "» '
317.9 ,
• 123. 6 !
146 5
- 110.2 '
9s. 0
95 s
119. 4
120 3 ,
' 105 0 '
s2. 3 ;
• 112. 1
103.7
' 1 26. 2
•
h.3 .-> ;
133 5
' In6. s
141. t
122.0
' 323. 5
' 127 '
149.0
' UK. s
' 95. 5
' 93.0
120. 8
' 122. 7
' 106 ,'i
' s3 2
112 4
- 105 1
124.0
' 64.1)
1
•
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r
r
s6
103
73,6
93
66
130. 9
96
13'*
114 '
J33
136
nt;
115 ,
mo
1O0
112
r
124. s
126 3 i ' 12M 4
"~ j
12s 2 ' ' 131.D
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113
9s
f>",
101
113
74. 2
140
• lit.
103
• 125
• 74 7
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i.S6
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139
111
143
140
143
147
110
I2t.
it,,
llil
i»-r
m
116
12a
126
131
137
142
117
1 ,V>
j
16.">
176
-• 2 ] !
'218
' 237
239
' 2i6
215
' 259
114
275
150
129.4
168
90.4
68
117
' 145. 6
4, 731
' 124
120
124
129
315
]s..()
;J.
9V
336
138.4
172
140
125
336
136.8
151
121
101.7
99
122.7
.125
112.0
87
I 16, 1
109.3
126.4
t',5. s
127.3
133.5
!•>..
13!<
is!
111.6
191
(
.»3. 0
'•'.»
123
172 M
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132
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123 5
123.1
2'> 7
1 14
10S, 2
12s
79 S
,)S
145
Ilo. 7
132
si. 3
hi,
10.")
111 s
2, s;_'9
110.7
3, ) 15
197 :
io3
217
i
138
115.7 '' 118.6
1 17
no
si. 8 '
83. 0
101
217
:
60
107
120. 9 !
3. 17') i
U I
07
17.")
108.5
109. 6
W>
110.2 :
122.4
138 I
122 '
121.7
122. 2 :
123 ;:
315
131. 9
146
138
124
122
308
129. 0
107
;
257
145
107
141
126
122
306
129. R
122. 3
153
84.7
61
109
61
112
130.2
3 sSl
140.2 I
4, 243 '
125
195
116
187
110.3
121.7
141
127
121
309
126.9
110
'•••
134
111.5
:
122.9 :
143 :
125
121
310
129.9
144
110
91.1
90
316. 1
146
111
146
108
144
109
89. 6
88
90. 9
89. 1
89. 9
89
87
88
115.7
116.5
117
84. 7
116.4
115.7
117
117
115
S9. 7
91.6
74
102. 6
95.2
114.8 i
63.3 :
109
IIP
84.2
69
96, 8
88.0
112.5
65, 2
69
100. 2
91.3
116. 1
62.8 '
87.0
71
.101.
92.
116.
63.
1
6
1
0
73
101.9
93. 5
116.5
63. 7
204
220
113.8
Ilo. 7
118
286
155
133.3
173
94.6
75
120
150.4
5,089
123
244
115.6
124.1
147
125.3
151
128
120
314
135.6
144
121
94.3
93
117. 3
116
96.8
77
107. 2
98.7
121.9
64.7
126.5
154
130
120
310
133.3
143
112
93.3
91
117.1
116
99.0
78
107. 3
98.8
122.0
66 3
2 6 5
142
126. 3
162
88.4
65
117
'•' 1 4 3 . 9
4,447
"127
127
120
311
132.4
144
114
93. S
92
116.8
116
93. 6
75
105.3
97. 7
118.0
83.4
304
296 <
17s
165 ;
135.1 i
136 1
179
176 |
92 3
-92.9 !
71
74 !
11^
116 i
M 5 2 . 9 i • 15J 0
5, 509
5.398 1
123
123 !
26S
262 :
115.2 • ' 115 9
127.4
157 i
130 !
120
306 i
r
131.0 !
145 \
111
93.2
91
-117. 2
117 ;
100. 4
79
107.1
99. 1
r
120. 5 i
64.9
:
128.1 j
161
134
121
308
••131.4 :
146
113
94.3
9?
-118.5
119
•• 102.0
80
107.6
100.4
'119.3
64,0 :
130. 0
!Sl
<»i 3
70
ui
15S n
". 7( 8
125
2S4
11« 0
• lot,
133
- 324
r
197
140, 8
* 183
* 92. ]
r
69
122
164, 2
r 6, 110
r 127
- 298
120.4
132. 2 ! " 134.9
«• 3 6 8
163:
* 136
135 (
•- 123
121 :
324
330
132.8 ; - 135. 0
149
148 |
- 119
115 ;
* 96. 8
95. 5
r
94
93
119. 8
121. 1
123
120
104. 2
106. (
83
' s:?
112. 9
109. 9
105. 9
103. 3
119.9 : ' 123. 8
65. 0 I ' t>5. s
+ Kv\ r^<\ M.i u'>. 3Iii:he feviMoiis u.L>- xuade in data tor 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 upon 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 fur durable goods, see table 12, p . 18 of the March 1941 Survey.
"•New series. For indexes beginning 1923 for machine tools and shipbuilding, and index for 1931 through 1938 for aircraft, see tables 39 and 40, pp. 15 and 16 of the October
1940 Survey; for aircraft indexes (revised) for '939. see table 57. p. 17 of the December 1940 Survey.
S-9
Sl'KYKY OF (TRKKNT iU'SIXKSS
iM 11)41
Monthly statistics through December 1939, to- 11)11
gether with explanatory notes and references — — to the sources of the data, may be found in the r
1940 Supplement to the Survey
1941
June
November
September
Jul.v
'bT'
EMPLOYMENT CONDITIONS AND WAGESEMPLOYMENT--Continue!
Manufacturing, unadj , by States and cit
State:
Delaware .
.
lllinoist
Iowa
Maryland . .
Massachusetts.
y
New, Yoi1 Ohio
-..
.
-
- 1«3" 39 100
1923-2." --H)0
. 1929-31 - 1 0 0
.192.") 27
=J0>)
. 1923-2.".-= lOu
1925 27 ---10O
l«»'Jt> =-lU(i
n
J23 2." - 1 0 "
192.W, = 1 0 0
P e n n ^ j h ania
. .
WiscoiiMiit City or industrial area:
Baltimore..
. . .
1929-xi
Chicago! .-1931-39 --- KM
Cleveland.
...
1923-25 = 100
do
Detroit
.
Milwaukee
..
1925-27 -10's
<1o
\ e \ v York, . _ _ _ _ .
Philadelphia . . .
- 1923 2.---iOo
_
I l t tbb u ihg .
o
Wilmington
.. .
_
Nonmltj., unadj. (V. >. JJept. of Labori:
Mii
\nthiacitfl
1929 -100
(]•>
Rilu/niuous coal
Mw
Metalliferous . Cmde petroleum producim
do
^iicirr\ ing and nonmetallh1
do
Public utilitiesd't
Electric litrht and power T
Street railway and bu^csi
Telephone and Metrrapht
d •
Servvji s.
I)\MIIO and cleaning
, do
Laundries . . .
.
do .
Year-round hotels
Trade:
. do .
Retail, totiU
<<o . .
General merchandising
do
Wholesale
Miscellaneous employment lati.
1926- loo
Construction, Ohio _
Federal and State highway^ tot alt number _
Construciion (Federal ami ^lutej
dn..
Maintenance (Stall*i_
F«*di»ral civilian employees
.
d
n
United Stares
District of Columbia
Railway empluvei'a iclu>s I >ieam i•mlw iys i >
rotal'_. . . . '
- - il i D U ^ a n ' o - .
300 9
! >3 1
1. I (
13,-)
97
1..."..
! ! ~>
122.
!0f>.
121
J'»."> 4
137. 0
jor, j
107, I
io\ ^
110 i)
337 3
J:O 5
1 0 . " . <<
10' *'
11' {
l.U
K.2
101
96
•r,
!')0
SS
I3'i
12s
! i'i
:3i
ss
<J4
85
95
0
n
•>
f
io* o
ins 7
>;i" i '
7s
•»1
V
7o ';
M 9
7! 0
63 S
h'A 7
101 Ii
ll' 1 .. 2
117 0
i>.i ..
"I 9
ir. 3
^." 3
IP) u
'»•) 7
!n,i (,
|
11^ 0
iOl 0
M." i
'• i . M
'
2
H3.: .
') > 2
i!,. ,; '
in ;
V, i
11 :. 2 .'
107 s
12!' 2
II").1'
HN 4
12" 0
[Ml 4
97 1
if«l ' .
10'J ;, !
)i\> ;
,M 0
mi.'.
'ii f,
-. i
«.s 1
•<; 7
i'». *
V) t j
"o i
'I'
• v' «i
7H 0
Nl.
1 J2
111
i1
H
yo. 3
9i 'J
06. 2
S9. 0 ,
*• . 2
17 6
um 4 j
i r 'j '
••1 6
tuo 2 I
95.1 '
nt '
92 3
y* 3 i
9*i 3
m 4
'..8
WU 4
•0 '»
4*» 3
. i.s
..2 o
"."I. full
311,-2)
l')"..V2S i 172.379
172 .)0!
i'iti.21." j Ji7,7O.'; , I J ' J ( '2i
l.V>.iilM
131 *(51
103. 5
"1.0
d
". ,
h\ i .
•"J 7 ',
i
!o3 3 j
'nil. 3 ]
-is 7
;tj -i
5:0.0
(
SS 7
Hi. 1
J'«. 1
f
'»s 7
7>). 1 j
.••« o
!(•», 1
:,\ s
''41,')26
1(>1 2,»2
1 2 \ 199 I
1 SO 3Jt»
117.4 '
S7.0
120.0 :
lo:j .",
10S. l<
96 2 !
107.3 !
113.5 i
US, 7 :
112. I i
123.0
11." 3 !
101 s I
ioi.;i
102 3 |
72 2 i
'),;
•)';
119.3 !
IK', 0
121. o '
113. 7
103.0
97. 1 ;
•on. 1 '
"0. 1 ;
/ 'i
U
ar^" ' arl ' |
111. 4 '•
lls. 4
i 44. s •
'(/") 2
los s
¥
March
J3s,
119. > ' J
Ma
>"
V, 2
Si Si
° 0 "> 5
'^ i \
vi 1
1
101 0 '
101 l
02,9
' 129.7
i 129.6
I 152. 3
| •• 131. 9
!
96.1
132.3
!
i 113. S
i 120. 4
104. 2
i
i is. 7
112.2 |
119.3 |
144.4 !
119.0 !
90.7 i
123.1 !
107.2 s
112.0 ;
9*. 3 !
107.0
116.7
120. 1
146.7
122.8
92.9
126.5
lit). 4 '
117.C.
111. 1
122 1
119.0 ,
109.9 '
99 4 •
103.9
103,4 '
121. I , • 12.".. 1
I Hi S • 121.5
117. 4 '
121.7
122.5 '
120.3
120 9
125. 3
112 S
111. 1
101.3
' I'M. fi
104 «l
I OS 3
107 1
I 13 5
!
124, 1 t
;
126.1
149.6
127. 4
94.9
129.2
112.0
no. i ! ' 117.5
114.7 !
102.6
100.0
110.3
1U9.1
!
j
|
!
7'X I
50.2 ,
'Jl 1
74 3 ,
12.4
i)'i 2
H 2
50 t'.
90. 7
92 9
17 2
4S fi
012
116 5
IS. t>
<S9.
7S.
»H).
5 ].
!»
3
}
3
••91 3
" 6S 3
M04.4
102 5
91 2
101. *
101. 1
93. 0
90. •)i o
•<1 2
129.9
12S 1
125 3
123. s
12S. 3
113.5
106.7
- HIM. M
IS 7
' 23 5
90. 1
6s. 0
*0. 9
- KM.9
M>5 2
120 7
108.4
96. S
ins 7
' 92 4
9'). fs
103 0
02 '<
172 s76
177. i2s
M2. 5 j
"6 6 j
91 is |
s, 22')
1.202
Jo7, i
' !.'
' 3 3 , Sat-
I APriI I
Continued
87. »>
12'.). r>
103. r,
1117. I
«i'i. J
307,')
111) ll
10 i 7
111 6
1')
Si.
i 152,5
t
1,0" Jr»
1.071 ' 1.0M
V
1|
1,039
" '»
'b. 0
' I 51
' 2 hi
* i,375
5, 565
1,401
30S
6.525 j
7, 292
I,2fi9 I
53,618 j
4.76
3.36
.14
2.32
= 90
4,911 i
4,619
1/207 j 1.391
353 I
407
5,881
•
4,25H i
4,006 j
l
I
'
1, 125
875 |
698 ;
51,695 ! 36,591 j 32,231 |
!
i
\
4.77
6.63 I
6.21 j
5.52
3.35
3.00
3.22 J
3,23
.14 I
.16 I
.16 j
.19 !
2.25 !
1.63 I
1.48 I
I 53
.96 !
1.21 i
1.58 I
1.51 I
i
!
:
Id*
n.. :
" 1
IO.J
,
I, 104 i
1. 14>
57. 6 !
59.9
5K S
60. 5
60. 5
61.0
63. 0
62. 3
4U. 1
39.8
40. 2
39.0
41.0
40.0 I
41.2
40. 4
40. 7
40.0
41.3
40. 8
147
221
330
250 *
'369 !
320
•"461
91
' 109
H65
69 I
»• 125 !
" 1,128 ;
•p 5 0 0
115
-^ 176
1,544
r
4.759 j
5,093
l.sir,
5,101
1.37!
344
5,170 !
1,606 i
376 j
4,008 !
4,931 I
4,047 |
3,738
r 508 J
v 315
f 561 |
v 415
7, 086 i v 2. 250
5,156
5,097
1,539
l,82.r)
500
443 !
!
i
1,220
55, 741
|
3.622 i
1,074
57.0
59.. 4
158
5, 734
1,318 !
330 ;
1,051 :
57. 4
58, S
102
667
30,, 886
676
29,561
*
4.65
3.06
.18
1.60
1 28
4.
3.
.
1.
1.
i,r 4
122
!•'
11
16
16
86
14 |
ML (
826
39, 270
5. 54
3.41
.18
1.61
1.62
806 i
34,611 |
4.92
3.15
.19
1.20
1.76
I
|
i
!
762
590 •
33,608 | 26,998
5.62
3.40
.21
1.06
2.13
120 7
'32 ' i
|
|
!
I
i
659
31,574
6.04 j
3.89
' 5. 95
" 3. 86
.24
•-' 1. 08
2.54
1.19 i
2.45
• 134 7
14M •<
' 144. 0
'163.0
1 So s
113 <)
'Revised.
>' Preliminary
•!)« ,'nit
(1 r it
N
i>atrt aie i weekly aver i^ 'u t he nur n-er re
r
I C o m p i l a u o n of s e p n a t e tieure^ 'or pnv Mi* pi icenu n
e
e
p
jd
p
1940 Sur\ej. subsecjuenc re^ i>,ions in
°> for >irett r nv
1940 is^u°. F
For rev5
pj -roll
ll md< xe^ for all manuf
in paj
and Chicago indpve ?, ^pp nit? niprkf
k d w
a "f on p 2j?
February 1911 Surv , will ar pe ir ri an e
v)\:
10'i 7 ,
l.'H. 2
113 y
i!2 4
i«){
V.) h
PAY ROLLS
Manufacturing, unadjusted '*" S Depirtment
of Labor; +
192.l-2o=*o()
Durable good>t
to
Iron and steel and their products, not including machinery
1923-25 —100
Bl ist iiirn<K'bs, steel works, and rullir.g
mills
1923 2^ !00
Hardwaie
do
Structural and oniariieniil in< { d work
1M2< 2 " - 100
Tin cans and other tinware.
do
»7 1
*•'} ».
97 0
'!7 5 l
^•> 2
TInadjusiKl . . . .
1923 2.", - loO
Adjusted -. . . . do
LAKOK CONDITIONS
AviMan' wceMY hour* per worker m1'•u-t^n»">
Natl. Ind. Con. Bd. (J.'» indu^tn^
i.uurc
U S. Dept ot Labor (90 indu-tru- do
industrial disputes (strikes and loel-oii
Bejiinniim in month
.
In proRie^s dining month
-d->
Workers m\olved in strikes"
Beginning in month
. ihi
do
In procres^ during month . _
Man-dajs idle during month
Employment security operar ions (Soc. Sec. Bd )
Placement activities:
Applications:
Active file
- .thousands
New and renewed
. . . do . .
Placements, totals
_d^» .
Unemployment compensation auivine^Continued claims
_. thousands
Benefit payments:
Individuals receiving payments^. do
Amount of payments
i hous of del
Labor turn-over in mfg. establishments
Accession rate..mo. rate per UK) employee
Separation rate, total
_ _._ _ uo
Discharges..
d<» .
Lay-offs
. . . _._ do
Quits and miscellaneous •
do
f
•i I 2
>7. 0
9."> U
t,
C'
*'
i)
0
1
•M 0
IV. >
l^'.i
J
llM
Hi '
1 ,d ,
13' 1 M
1H "i
I iI 0
I ' M
122 .
1 id }
II" 1
M4 s
Jl». s
113 1
.'"4 i
v» 4
Ml s
• ir. 7
121 s
12^. _
IO». >
121 9
•M I L f
'
' h ( \
i " k
«
'.
.1TK D . n i i t '
' i , (
'
\
i.;iL. ]'>>.. M h e r i i i d ( , » , , i n n r ^ n ' i f a t n r > n . r
b w w ^ s h e - m n ' n i . Vn'2 ^ t m **< l i n g t n o t ' u > \ w n, t
, ! M r M e s " o t i U r 'i»<s a , d ' ( ' } » M t i h i c 1 2 . p i s
u ' i r : 1*41 S u n o .
I % ( J ^ . ' < r T\ b c o i ' - . r r» v ^
. era i
i1 '*
r
1 7'' 5
' 141. 5
121 s
loi i
127 5
• 113. S
" 151.6
ihiie-, iet'H ' I U I I N ujj j er,si(iU5, e t c , are i n c l u d e d .
' p . r - ' u d d u r n <.' w(^^ en led "Within t h e m o n t h .
In ree»i dib(on ( v a n ! b y t h e r e p o r t i n g source.
H I , -M_ri^ \ e<jnr/iTu- J"29, c e e p 17 of t h e A p r i l
\ p n l ^ u r > o v i]»jii ir m tabln 27, p ' 7 of t h e M a y
1
tin M iro'i JJli ^ u r > \ . F(T u v i s i o n s in Illinois
mil,: \J2 rc\ i MU 'lac^ uoi ^ b o w n o n p . 72 of t h e
t«c^ii ^ ^iis
' j . . t Qjft ^ u L i' oT ff"^ M a y 1941
S-10
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
June
August. 1941
1941
1940
June
JU]y
\ October [
j August j
February
Janu-
"March
April I May
EMPLOYMENT CONDITIONS AND WAGES—Continued
PAY ROLLS—Continued
i
Mfg., unadj. (U. S. Dept. of Labor)—Con.
j
Durable goods—Continued.
i
Lumber and allied products.. 1923-25=1 OIL..!
Furniture
.
......_..._...,.do.... i
Lumber, sawmills....
do...J
Machinery, exei. transp. e q u i p . — . . . . d o . . . - !
Agricultural implements (including t r a o I
tors)
,
..1923-25 = 100..j
Electrical machinery, apparatus, and !
supplies
_ _ . . _ . . . 1923-25 = 100. _»
Engines, turbines, water wheels, and !
windmills
1923-25 = 100..:
Foundry and machine-shop products
1923-25= 100..:Machine tools*
__...
..do
:
Radios and phonographs
do_..|
Metals, nonferrous, and products
do._..j
Brass, bronze, and copper p r o d u e t s . d o _ _ J
Stone, clay, and glass products.__
do
j
Brick, tile, and terra cotta
_.do
;
Glass
__________________
--do____j
Transportation equipmentf----do
\
Aircraft*.
__„__
do
ix
Automobiles.
.
do____]
Shipbuilding*
do
'
Nondurable goodst^.
do
Chemical, petroleum, and coal products
\
1923-25 = 100..;
Chemicals
,
do__[
Paints and varnishes
_
do
!
Petroleum refining
do_J
Rayon and allied products
do
;
Food and kindred products
...do
Baking
.
do
Slaughtering and meat packing
do
Leather and its manufactures
do
Boots and shoes
...
do
Paper and printing
do
Paper and pulp
do
Rubber products
.
do
Rubber tires and inner tubes
do
Textiles and their productsf. ________ do
Fabrics!
. . . . do
Wearing apparel
do
Tobacco manufactures
do.,.._
Manufacturing, unadj., by States and cities:
State:
Delaware.—
1923-25= 100. _
Illinoisf
- - - -..,.--1935-39 = 100..
Maryland
. . . . . 1929-31-100. _
Massachusetts
_.
_ _ . . 1925-27= 100..
New Jersey
_..1923-25 = 100. _
New York __ . _ . . . . . _ .
....-925-27 = 100..
Pennsylvania.........
1923-25=100..!
Wisconsin!
1925-27-100.. !
City or industrial area:
Baltimore.. _ .
.
1929-31 = 100. -'
Chicago!
1935-39 = 100.-.
Milwaukee....
. . _ . , . 1925-27= 100.-!
New York
do
Philadelphia......
...1923-25= 100..'
Pittsburgh..
....
do...,:
Wilmington._____
...do
;
N'onmfg., unadj. (IT. S. Dept. of Labor):
Mining:
Anthracite. _
,...1929 = 100..'
Bituminous coal
do
;
Metalliferous
do._...;
Crude petroleum producing
do
i
Quarrying and nonmetallic.
do
Public utilities:
Electric light and power!
do
Street railways and busses!- - do
>
Telephone and telegraph!
do
Services:
s
;
Dyeing and cleaning..,.
..do
;
Laundries
do
I
Year-round hotels
do
i
Trade:
\
Retail, totalf
do
j
General merchandising!
do
\
Wholesale
'
do
j
si. I
110. 2
71. 6
229. 7
63.6
75.9 |
58. 1 I
125.1 |
60.7 :
74. 3 1
53. 9 :
125.7 ;
68.3
81.7
62. 2
131.0
m «
157.8 !
148.9 i
152.0 I
225, 5
118.3 |
118.1
123.7
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'71 s>
2'.J I
w7
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l•"»••{ I
212. i
12".'*
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302.9
134,0
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140. S
73.4
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112 0
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165.2
136 2
137. 1 ,
140. ^
114 7 ;
67 0
62.7 •'
112 i '
126 2
86 4 '
77. 5
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13s 5
105.9
146.2
71. 1
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167. 2
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117.0
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76. 4
71.2 i
87. 4 j
63. 8 1
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130 '6
327 7
13^ 5
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112 6
~4 6
72 0
113 4
124. 2
73,7
91.3 ,
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145.3
70 9
MO 4
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119 3
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t>0 4
163 0
167 5
17h 8
158.8
160 4
171 3
180 y
171 2
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157 9
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17* 7
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164.3
136.3 :
190.0 !
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163.3 I
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224 2
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190 ft
410 h
139. o
176.2
135. s
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$22,*
13..2
130. 2
115 >
73 4
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115. 2
123. S ;
99 5 i
4 0 1
MO s
]()«) 1
j 0
261
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14'v 0
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2s7 „
112 1
1 2
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331 4
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119 7 ,
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106 ')
116. -1
131. 1
75. A
l'jfi.r.
87.6
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9.1
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124. i
138.0
s2.5
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92.4
94. 5
99.6
87, 5
84.8
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t 1
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123.3
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101. S
71. 1
85.6
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90.5
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71. 1
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42. 7
91.4
72.8
55. 9
42. 4
38.5
87. 8
70. 4
06. 2
36.9 j
(07.0
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106.9
70.3
103.2 |
106. 0
73. 1
103. 5
105.1 !
70.7 I
103.9 I
45.2
90.8 :
71.8 !
57. 3
38.2 ;
in ';
105. 4
71.0
104.3
b4. J
77.8 j
87.2 i
83.6 j
75.8 j
89.2 ;
84.1 j
73.3 I
89.8 ;
84. 1 I
74.4
89.7
86.1
60. 8
92.3
80.2
87.1
97.5
80. 7 !
97.3 \
132.9 i
S3. 4
83. 7 i
86.5 •
80.5 I
84.6
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SI. 4
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i" ^
101
12 1
••
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s
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114.'.
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'• 9 ;
100
120.
_:13
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115.:.' i
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(1
It
-5 •!
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) . !
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Hi (
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HI 2
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1 >J 1
4
M7 7
77. .
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"il
~s 0
1112
7" h
90 0
t* 1
0A 4 ' - I T 1
00 9
;
^6 2 '
88 3 ".
2O
WAGES
factory average weekly earnings:
:
National Industrldl* Conference Boird '2o
industries
doll ir
I ^ Dot t oiLiboi y\f[) uuiu^rw*
do
Dur-" le .rorK
-in
Fror md steel and rhtir product-, not m
dudingii ichjn°r\
do1! ir^
B] i<-t furn lies. *.u«el \\t>rkb, ui 1 roihm.
\m\h
-.nil. r_.
Hardu ire
<tu
Miuaural .till or 1 ., i em \\ MiHdl \\hrk
loll irs
Tin tans and othir Ui w no
do
H
. i l . 12
i' 11
50 M7
',-
04
71
... U_
• 11
)-*
hi
71
90
.11 41
2s
,.1 It.
12 21
u
._,
>4
-n
] '
>"
" >
"il
2s
2M
.7
fl-LVised n r i t s
ci.t.ht T VJMOIX V>en* -jhdc in latn ^ r a .ul» a u d ' n c r iir > li cis a n a l a n n o Dv^im. n - i'i 3 f t M - i o n s n o i s h o w i . < a ^ 2< >i ih
"•\ailibh a p o r i r e q u e s t
h or r f m ^ u m ^ i n Tlh 101s and CP'C<-ILO maoxo^, ^oo i.otc inarr\e 1 w i t h a <lT' on p 29 01 the.Tanuar\ 194 i. t ) i J r \ o \
I r ' i c < fur V i s e >
'n vised m e . n v n e
iS2), r f \ h d d a t a noi si w n ^-n p 71 or r h c l i b uarv -911 S1 r\<? v\ili ^ppc ir n a n t ar3> I^ S IJP. Inrlox lor Transportation q u pnii-i T R H h H! no^in
" Ijr"u r ir\ l l ^ f * set
t i n l e 57, p i7 of tfio EXu m b i 1^40 ^ a r v e \ . F o r TOS iMon ^ 1 w o x r or n ^ n d u n b h goevs C r THs a n i l 1939. l O M a b l o 12, p 18 ot t h e ^ l i r c h ~>\>V Siirwy
r
f
1 a p h pa^-roll inae\(. revi^< ^ ocs.i ninu MS2 r h e r indicatKi n o n m a n u f i ^ c a r i L ' " p i roll ' i i i \ \ » ^ a\i->cil D<.feinnui^ iy2y set tibl« (9 p ""< o *ce v
*\ev«r series
see n ^ . e n i i ^ k e d -^ i*b a t * ' on p ^ N o f tbir issue
S-ll
SURVEY OF CURRENT BUSINESS
August 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
1941
June
1941
1940
June
July
August
September
DecemOctober November
ber
January
February
March
April
21.24
22. 32
19.91
34.26
21.68
23. 03
20. 33
' 35. 02
' 22 17
23. 22
21. 03
' 35. 16
May
EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES—Continued
Factory average weekly earnings—Continued.
U. S. Department of Labor—Continued
Durable goods—Continued.
Lumber and allied products
dollars
Furniture._
- -do
Lumber, sawmills
do
Machinery, excl. transp. equip.
do . __
Agricultural implements (including
fractors) !
dollars
'Electrical machinery, apparatus, and
supplies dollars .
Engines, turbines, water wheels, and
windmills!
dollars
Foundry and machine-shop products
dollars
Machine tools*
.
.do
Radios and phonographs
do
Metals, nonferrous, and products. _do
20 17
20.67
19.32
30.41
19 37
20. 28
18.02
30.29
20 81
21.39
19.79
30.67
21 06
22.07
19. 85
31.22
21 49
22.49
20. 23
31. 71
20 75
22.23
19. 06
31. 65
21.06
22.64
19. 29
33.13
20. 72
21. 42
19.59
33. 35
99 r)()
24. 29
20. 75
37. 16
30.74
30.42
30.87
31.17
31.41
31.29
32.89
33. 25
33.13
33. 54
r 37. 52
30. 88
30.52
30.14
30.92
31. 21
31. 26
31.61
32. 95
33. 00
33.87
34.46
34.41
36. 08
35.05
35.04
36.00
36. 24
36. 74
r 36.35
'38.22
- 39. 36
' 38. 73
' 40. 43
r 38. 30
44. 05
29. 41
36. 68
23. 61
27. 25
29.33
36. 45
23.90
27.12
30 73
23. 49
20 95
24.91
31.88
30 48
32.26
34 03
21.87
30.12
35. 48
23.49
28.18
31 55
24.81
21 49
26. 56
35. 41
31-7°
37 06
34 86
22.10
30.31
37. 02
24.89
29.38
39 07
25. 27
21 62
26. 90
35. 60
32 37
36. 67
36 08
22.20
31. 18
37. 73
24.74
30. 00
33 64
25. 75
21 87
1i. 90
37. 39
32. 6?
39. 25
36. 57
22.28
32. 51
40. 15
24. 08
30.71
35 28
25. 17
21. 74
28. 02
37. 66
34. 13
37.6!
37. 69
22. 04
33. 51
41.62
24. 80
31.00
35 17
25.61
22. 0!)
28. 62
38. 44
35. 14
40. 05
38.71
23. 23
34. 39
41.49
25. 79
31. 57
34. (JO
41. 10
25. 31
r 31.4S
'V) 70
26. 50
23. 38
28. 70
r 36. 4 1
r 35. 1 5
r 36. 30
3!). 11
r 23. 01
30. 21
42. 98
27. 02
33. 14
37 10
27. 04
94 49
29. 53
39. 89
35 80
41.70
41 09
24. 47
90, Qr>
30. 95
36. 85
23. 97
30. 02
33 98
25. 17
21 47
27. 26
36. 39
32. 93
38. 05
34. 46
22.08
32. 85
39. 56
25. 32
31. 63
35 66
26. 25
22 52
28.77
35. 96
33 17
36. 49
38. 37
23. 09
3 6 Ar>
Stone, day, and glass products
do
24.20
' 2 n 89
Brick, tile, and t<*rra cottaj
do
22 30
20 97
Glass
do
28. 76
25. 89
Transportation equipment
do
38. 80
34. 21
Aircraft*
.
do
35. 02
31 18
Automobiles
do
35 28
M0. 01
Shipbuilding *+
do
39. 30
34 17
Nondurable goods
do
21.81
23. 63
Chemical, petroleum, and coal products
r
30. 95
dollars..
29. 87
30. 31
30.24
29. 96
30. 36
30.08
30.16
30. 90
30. 08
30.12
32. 39
34. 24
Chemicals
-do
32 72
33. 10
33. 50
32.39
33. 93
32. 23
32.18
31.80
33. 33
35. 48
31.05
31.57
Paints and varnishes
do
20! 35
29. 86
30. 22
29. 40
29. 60
30. 46
29 55
29. 28
30. 15
33. 05
29. 13
30. 04
Petroleum refining
_.do
34. 32
35. 20
34. 46
34. 36
34.93
34. 68
34.84
34.94
36. 00
37. 14
34 73
27. 40
27. 54
26. 94
2f). 95
27 15
27 28
Ravon and allied products
do
20 36
26. 53
2S 16
26 53
26 99
26 32
r
Food and kindred products
do, .
24. 43
25. 78
25. 25
25. 74
23. 82
24. SO
25. 54
24.17
20. 07
23. 48
24. 33
9
26
73
Baking
_
do
26
40
26
60
26
31
26
39
26
66
26 57
7 50
26
31
26.
46
26 69
Slaughtering and meat packing..do
26. 82
26. 84
' 27. I t
28. 77
26. 70
26.81
27.82
27. 64
27.38
29. 55
27. 57
27. 76
Leather and its manufactures!
do
20.
67
21
89
22
61
18
19
20
05
19 86
19 37
18 17
19 80
21
S7
18 87
2 9 09
Boots and shoes!
_ _ _. do
16 65
19. 58
20. S4
18.54
20 92
IS 32
'>(). 89
17 00
17 53
18 92
18 94
r
29. 35
29. 75
30. 54
Paper and printing
do
30.37
30. 04
29. 35
29.27
28.73
29.18
30. 67
31.15
29.00
27.02
Paper and pulp
do
26. 35
28. 31
27. 30
26. 45
26 70
26 14
26 12
''9 07
27. 66
28 19
°6 47
29.45
30. 85
••31.74
Rubber products ...
do . .
31. 13
29.31
32. 83
28.27
29. 15
31.20
27.81
31.67
27.76
r
34.92
36. 67
Rubber tires and inner tubes
do
38 90
33 11
31 64
34 08
34 27
' 3S. 01
36 59
32 66
37.02
3 7 55
r
19.
40
Textiles and their products .
do
17.80
18.
13
18.46
19.
OS
20. 12
16 43
18.
10
19
37
17
64
18
09
16 85
18.61
18.28
Fabrics
._. do
17. 93
18.89 r 19.30
17.71
16. 24
17. 95
17. 57
20. 08
16 71
17. 15
r
18.05
18.
70
18
98
»
•
19.91
20.
35
Wearing apparel..
do
16 96
20
68
20
24
19
51
18.
53
17 26
18 95
18.14
Tobacco manufactures
__ do
17. 76
' H i . 88
17. 54
18.42
18.70
18. 25
18. 07
18.98
17.79
17.99
18 36
Factory average hourly earnings:
National Industrial Conference Board (25
industries)
dollars
.747
.759
.784
. 754
. 764
.740
.742
.744
799
.769
741
740
.678
.689
. 708
U. S. Dept. of Labor (90 industries)
do
.692
.683
. 726
.672
.671
.673
* 667
. 668
. 697
.744
785
.758
.749
.
762
Durable goods _
do
.739
.
806
.732
.737
768
731
727
Iron and steel and their products, not
.786
.841
including machinery
dollars
.781
.791
.780
.859
.779
. 774
.777
.778
.795
.777
Blast furnaces, steel works, and rolling
.954
mills
__.
dollars!.
. 857
. 801
. 806
. 968
.858
.849
.857
.848
.851
.873
847
. 695
. 093
.683
.681
.689
. 707
Hardware .
do
.680
697
.684
.691
690
683
Structural and ornamental metal work
.732
.743
.782
dollars
.743
. 750
. 825
.741
.735
.736
.733
. 756
.738
r
.635
r . 639
.638
r . 042
.634
. 638
.632
.632
. 655
.633
Tin cans and other tinware!
do
627
' . («9
. 529
.526
. 547
. 525
.531
. 528
. 556
.524
Lumber and allied products
do
.523
.526
. 541
519
. 552
. 555
. 570
. 552
. 584
Furniture
do
. 560
.546
.546
.547
.548
. 565
550
. 510
. 530
.505
.516
.507
. 537
.506
Lumber, sawmills- .._
do
.505
509
.507
496
.752
.
788
.818
Machinery, excl. trans, equip. _ _ do ._
.768
.746
.761
778
.745
.749
.743
744
Agricultural implements (including
r
. 872
.806
.821
tractors) !
dollars
818
. S86
802
.818
798
801
799
820
795
Electrical machinery, apparatus, and
.782
.757
.773
.829
supplies^
dollars
766
752
776
756
764
757
762
780
Engines, turbines, water wheels, and
'
.
8
4
2
.842
'.
887
'
.
869
. 948
windmills!
dollars
'
.
8
5
7
.812
.803
.819
.830
' . 878
.807
Foundry and machine-shop products
.745
. 779
.801
.734
. 755
.762
733
dollars
.728
.740
769
730
.808
.768
.824
.781
. 797
Machine tools*
do
766
760
. 769
.801
766
768
799
. 044
.613
.626
. 632
. 001
Radios and phonographs
do
.621
. 640
.614
611
.618
643
621
.749
.727
.770
.740
703
.738
Metals, nonferrous, and products do
710
.712
.740
702
748
701
Brass, bronze, and copper products
.799
.807
. S34
.775
.810
. 765
.805
.809
. 755
. 777
.822
dollars- .762
.671
. 095
.672
.682
.710
.680
.664
. 668
. 685
. 665
.671
. 689
Stone, clav, and glass products. . . . d o _.
.572
. 000
.582
. 037
.565
. 587
.564
. 568
. 566
.589
. 566
Brick, tile, and terra cottaj
do
. 594
70!)
.764
.
746
.
770
.772
743
.
750
.774
.747
.740
742
778
Glass
.
do
. 945
.902
.911
»• . 923
.900
Transportation equipment _
_ do _._
.900
.905
.897
.898
.918
.891
' . 920
. 795
.739
.738
.742
. 750
Aircraft* . _ _
_. _
do
. 755
.776
'
.
78S
. 756
. 784
738
.783
r
' . 983
1.014
.957
.954
.969
.975
950
Automobiles
do
.954
.951
.956
982
949
. 900
920
.884
.895
. 893
.862
.874
.900
.869
.862
.871
. 890
Shipbuilding* t. - do
. 041
029
.613
Nondurable goods
do
.617
.621
611
.620
613
617
.G09
615
624
Chemical, petroleum, and coal products
. 800
.773
.765
.773
. 766
.770
.777
.783
.778
.757
.770
dollars..
. 766
. 8(i3
. 839
.811
799
.816
.822
. 826
Chemicals!
do
.802
.798
.798
829
.804
.770
.741
.722
Paints and varnishes
_ _ do
.720
.733
.741
.717
.721
.746
.720
749
LOOK
. 995
.983
. 966
Petroleum refining
do
.968
.970
.977
.970
.983
.986
. 963
.967
.712
.690
. 700
. 604
.672
.682
. 699
.702
Rayon and allied products.
do. _
. 675
.676
.685
. 700
. 055
. 070
.632
.603
.641
. 615
. 649
655
.641
. 625
. 651
. 610
Food and kindred products
. do
. 047
. 059
. 640
641
.644
Baking
do
639
643
.644
.644
640
. 635
641
. 731
. 686
'
.
094.
.691
.691
. 684
.680
. 685
Slaughtering and meat packing__do
.691
. 681
.689
. 685
. 579
. 554
. 555
. 555
Leather and its manufactures!
do
. 590
.553
. 553
. 564
. 553
. 558
. 552
.
507
555
.533
.537
.529
.526
.
530
Boots and shoes!
do . .
.531
.532
.
540
519
.528
T
7Q7
.811
. NO")
.793
.789
.792
.799
.802
.792
Paper and printing
do
. 791
. 803
807
.
070
.656
.
r>ot;
.654
.662
.661
Paper and pulp
do
_
.644
.648
.654
.660
.649
. 664
' Revised.
iBecause of changes in the composition of the reporting sample (usually an enlargement of sample) data for the indicated series are not strictly comparable for all months
shown; for engines, turbines, etc., the sample was enlarged in December 1940 (December figures comparable with earlier data above: weekly earnings, $38.39; hourly earnings,
$0,845); for the month when the change in the sample occurred for other series and the issue of the Survey in which the revised data were first published, see note marked
" t " on p. 29 of the July 1941 Survey.
*J\'ew series. Earlier monthly data not shown on p. 29 of the March 1941 Survey are available upon request.
S-12
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
June
September
June
July
August
August 1941
1941
January
j DecemOctober November
ber
Febru- March
ary
April
May
E M P L O Y M E N T CONDITIONS AND W A G E S — C o n t i n u e d
!
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.):H
Common labor
dol. per h o u r . .
Skilled labor
do
F a r m wages without board (quarterly)
dol. per month._
Railway wages (avg., class I)...dol. perhour._
Road-building wages, common labor:
United States, average
dol. per h o u r . .
East North Central
do
East South Central
do
Middle Atlantic
do
Mountain
do
New England
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 programs!
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-Sfhool work program
do
Work Projects Administration
do
Other Federal agency projects
financed
from emergency fundsf
mil. of doL.
Earnings on regular Federal
construction
projects*
mil. of dol._
114.6
128.9
122. 6
150. 4
115. 8
135, 9
131.1
. 747
1.49
0. 780
.967
.496
.484
. 518
.505
0. 785
.971
,502
.486
.534
.502
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
0.784
.971
.507
.488
,544
.490
0.788
.975
.512
.492
r. 557
.498
' 0. 792
.981
.514
.492
'.561
.495
0.799
.994
'.517
.494
r. 561
.497
0. 804
'".997
r. 524
.509
r. 553
.506
94.6
110. 3
98.7
122. 6
97.6
108. 9
111.0
94.6
109. 6
101.1
121.3
97.7
107. 9
107.4
90.4
111.0
101.3
122.6
95.4
113.5
103.8
127.5
100.8
115.8
114.6
97.1
112.4
102.7
127.6
100.4
115. 5
116.0
104.0
116.8
108.8
134.9
104.4
120.9
119.0
98.1
115.6
107.6
107.9
117. 5
111.7
99.4
111.8
110.3
93.1
112.0
104.2
126.6
101.0
113.6
111.4
104.5
117.5
117.6
106.0
121.4
121.1
106.2
119.2
113.5
138.5
108.2
124.3
123.3
107.2
121.0
114.4
137.5
109.4
127.7
122. 6
.703
1.47
.707
1.48
1.48
.711
1.48
.711
1.48
.711
1.48
.711
1.47
.713
1.47
.716
1.47
.725
1.48
.719
.737
36.84
.725
.741
36.61
.741
.758
.742
40.44
.732
.43
.68
.35
.59
.51
.55
.70
.34
.47
.38
.43
.67
.33
.59
.53
.59
.48
.38
.43
.65
.34
.58
.52
.58
.70
.34
.47
.39
.45
.64
.34
.61
.54
.57
. 72
!30
.45
.40
222
215
217
210
58
43
29
58
43
29
59
44
26
2
2
37.18
.723
.46
.47
.63
.61
.33
.35
.54
.53
.56
.56
.49
.49
.68
.68
.33
.32
.46 I
.47
.38
.39
.728
.47
.62
.35
.54
. 56
.50
.68
.34
.47
.38
.47
.61
.34
.53
'.50
.68
.33
.48
.38
.48
.63
.35
.54
. 54
.51
.70
.34
.49
.38
.48
.63
.34
.56
.54
.56
209
219
212
203
216
52
39
31
53
40
32
53
40
29
54
41
29
57
43
31
18
16
100
2
5
102
3
6
102
10
4
18
36
17
56
39
0.818
1. 011
. 530
. 520
.550
.505
«• 112.1
125. 1
119.8
146. 6
113.3
r
132. 7
127.2
.741
1.49
.48
. 62
.34
.56
.57
.53
73
. 36
. 49
.40
59
44
23
16
15
15
3
8
104
3
9
97
3
8
94
3
8
2
2
3
103
113
110
••115
88
v 3
102
FINANCE
BANKING
Acceptances and com'l paper outstanding:
182
188
177
206
187
197
2J3
209
213
215
212
217
Bankers' acceptances, total
mil. of dol..
220
0
0
0
0
0
0
0
Held by Federal Reserve banks
do
0
0
0
0
0
0
148
152
142
149
166
159
101
167
168
164
170
164
170
Held by accepting banks, total
do
96
101
112
103
100
99
103
100
103
99
107
105
105
Own bills
do
53
44
42
60
54
49
59
67
65
65
63
66
00
Bills bought
.__do
38
40
34
35
38
36
52
42
45
47
46
48
51
Held by others
do
245
252
224
232
251
232
299
218
232
241
263
275
295
Commercial paper outstanding
do
Agricultural loans outstanding of agencies supervised by the Farm Credit Adm.:
3,008
3,050
3,035
3, 060
3,056
2. 986
2,973
2,964
2, 988
2,982
2,988
2,970
2,976
Total, excl. joint-stock land bks.t-inil. of doL.
2,534
2, 526
2,540
2,517
2,508
2, 549
2,448
2,500
2,489
2,485
2,475
2.467
2,458
Farm mortgage loans, total
do
1,871
1, 880
1,875
1,867
1,862
1, 856
1.818
1,851
1,844
1,842
1,836
1, 830
1,824
Federal land banks
do
663
659
669
665
652
655
630
648
645
637
634
643
640
Land Bank Commissioner
do
81
83
96
96
90
93
92
91
88
85
90
Loans to cooperatives, total
do
Banks for cooperatives, incl. central
67
65
62
73
79
75
74
75
74
70
74
68
bank
mil. of doL.
15
15
16
17
17
18
16
16
16
16
16
16
16
Agri. Mktg. Act revolving fund
do
434
433
394
420
429
383
450
381
382
393
413
431
440
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
203
197
191
196
199
188
187
217
186
212
192
203
cooperativescf
mil. of doL.
22b
41
35
40
42
42
34
34
35
39
40
37
36
Otherfinancing:institutions
do
42
204
203
195
180
200
173
172
174
207
215
182
195
Production credit associations
do
221
8
7
6
8
6
6
6
6
6
6
0
Regional agr. credit corporations ...do
128
129
122
130
127
119
118
117
129
130
119
125
130
Emergency crop loansf
do
52
52
51
52
51
51
50
50
50
50
50
50
50
Drought relief loans
do
54
51
55
53
52
51
48
47
44
44
45
43
46
Joint-stock land banks, in liquidation__do
29.918
30, 862
32,856
36,317
31,960
35, 771
42. 135
42, 952
37, 645
32, 725
38,731
39. 919
40,988
Bank debits, total (141 cities)
do
12,594
13,612
14, 952
13,110
11,604
14, 952
16, 124
15,147
17. 282
15, 657
18,626
13, 268
17,402
New York City
do
18, 267
19,244
21,365
18,850
20,819
18,314
24, 853
24, 327
22,498
23, 074
23, 795
19,457
23, 586
Outside New York City
do
r
Revised.
v Preliminary.
« Less than $500,000.
JBecause of expansion of reporting sample, data beginning January 1941 are not strictly comparable with earlier data.
1 Construction wage rates as of July 1, 1941; common labor, $0,753; skilled labor, $1.50.
a* To avoid duplication these loans are excluded from the totals.
igures for special types of public assistance and general relief exclude the cost of hospitalization and burial. The cost of medical care is also excluded beginning Sep1940: this item is included in all earlier data on general relief and in figures for July 1937-August 1940 on special types of assistance.
,_evised 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 the January 1941 Survey.
Revised indexes for Wisconsin beginning 1925 will be shown in an early issue. For revisions in data on emergency crop loans published in the Survey prior to the September
1940 issue, see note marked " t " on p. 76 of the February 1941 Survey. Total public assistance and "other Federal agency projects financed from emergency funds" revised
in the March 1941 Survey to exclude earnings on regular Federal construction projects; revised data beginning January 1933 will appear in a subsequent issue.
*New series. For data beginning 1933 for old-age assistance, see table 56, p. 17 of the December 1940 Survey. Data on earnings on regular Federal construction projects
beginning January 1938 will appear in a subsequent issue.
August 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
S-13
SURVEY OF CURRENT BUSINESS
1941
1940
June
September
June
July
August
1941
DecemOctober November
ber
January
Febru- March
ary
April
May
FIN AN CE—Continued
BANKING—Continued
Federal Reserve banks, condition, end of mo.:
23, 409
23, 306
23, 528
22, 865
23, 017
23,262
23, 686
Assets, total.,
mil. of doL. 23, 704 21, 408 21, 801 22,176
22,440
23, 859
Reserve bank credit outstanding, total
2,243
2,412
2,250
2,484
2,516
2,304
2,274
2,265
2,531
2, 234
2,485
mil. of dol..
2. 266
2, 280
0
0
0
0
0
0
0
0
0
0
Bills bought
do
0
0
0
2
3
4
2
4
4
4
3
5
3
Bills discounted....
do
2
4
2,184
2,436
2.184
2,184
2,466
2, 448
2, 434
2,333
2,199
2,184
2, 184
United States securities
do
2, 184
2,184
20, 436
20, 285
18. 959
20, 366
18, 120
18, 579
19, 272
19, 632
19, 881
20,036
20, 533
Reserves, total
...do
20, 583
20, 615
20,112
19,913
18, 618
20, 031
17, 754
18, 202
18,940
19, 289
19, 586
19, 760
20, 204
Gold certificates _
do
20, 322
20, 325
23, 409
23, 306
22, 176
23, 528
21, 408
21,801
22, 440
22, 865
23,017
23, 262
23, 686
Liabilities, total
do
23. 704
23, 859
16, 396
16,272
15, 867
16,351
15, 213
15,575
16, 063
16, 218
16, 191
16,220
Deposits, tot al
-do
15,863
16,127
16, 132
13, 930
13,541
14, 203
13, 371
13, 781
13, 498
13, 727
14, 208
14,215
13, 524
Member bank reserve balances..... do
13,051
14,026
13, 724
6, 380
6, 525
6, 534
6, 857
6,514
6,655
6,960
6,849
5, 776
Excess reserves (estimated)
do
5, 771
6,615
5. 210
5, 801
5,884
5,370
6,022
5,199
5,248
5, 450
5, 577
5, 743
6.143
Federal Reserve notes in circulation..do
5, 931
6, 282
6, 723
6, 503
91.0
89.3
91.0
89.2
89.6
90.1
90.6
91.2
91. 3
Reserve ratio
percent..
90.8
91. 1
91. 1
Federal Reserve reporting member banks, condition, Wednesday nearest end of month:
Deposits:
22, 932
23, 093
Demand, adjusted
mil. of doL. 23,949
20, 984
21, 152
20, 510
22,189
22, 299
23,431
21, 858
24,311
Demand, except interbank:
Individuals, partnerships, and corpora22, 518
20,415
tions
mil. of doL- 23, 667 20,167
20, 499
20, 741
21, 266
22,324
22,812
21, 771
22,401
23,173
23,612
r
1,747
1, 434
1,497
1,440
1, 579
Statcs and political subdivisions..-do
1, 463
1, 651
1,495
1,820
1, 903
1,595
1, 604
1,870
214
396
515
505
509
United States Government
do
508
509
386
506
332
451
463
390
5, 4(\5
5, 352
5,448
Time, except interbank, total...mil. of dol_.
5, 341
5, 380
5, 476
5,381
5,397
5, 371
5,478
5,443
5,455
5, 449
Individuals, partnerships, and corpora5,144
5,174
5. 269
5, 240
tions
mil. of dol .
5,146
5,171
5,187
5,180
5,273
5, 269
5,234
5, 243
5, 240
182
185
171
183
175
States and political subdivisions
do
170
192
181
175
196
179
' 174
183
8, 505
8,239
9, 076
9. 343
8, 577
Interbank, domestic
do
8,734
9, 043
8,707
8,843
9,065
9, 253
9, 272
9, 220
15,461
15, 622
16, 368
17, 124
Investments, total
do
15, 124
15,544
17, 680
15,693
15,774
16,137
16, 955
17, 872
17,689
10,578
9 373
9, 950
9, 457
9,280
10.812
9, 202
9, 374
U. S. Govt. direct obligations, total..do
9,719
9,543
10, 334
11,255
10, 974
742
685
791
' 705
' 869
628
736
Bills
do....
757
611
727
1 080
784
929
7, 051
7, 653
6, 567
6, 540
6,804
7, 753
Bonds
do
6, 382
6. 573
7, 052
6,978
7, 929
6, 898
7, 833
2,214
2, 183
1,834
Notes
do
2,063
2,099
2, 112
2, 555
2, 190
2,095
2, 246
1, 861
2,130
2, 212
Obligations fully guaranteed by TJ. S. Gov2,584
2, 744
2,405
2,707
2,418
2,627
3, 115
2,582
ernment
.mil. of dol..
2,743
2, 766
3, 038
3, 022
3, 665
3, 793
3,517
3, 586
3, 692
3, 524
3, 674
3,682
3, 753
Other securities
do
3,855
3, 579
3, 675
3, 693
8,
517
8,
566
8,909
9,
828
8,462
8,785
9,
128
9,
308
Loans, total
do
9,
495
9,
870
10, 453
9,390
10, 226
Commercial, industrial, and agricultural
4,441
5, 076
5, 465
4,911
4,480
4, 630
4,773
5, 532
4,438
5,227
loans
mil. of dol..
5,018
5,673
5, 895
314
347
291
294
299
301
297
304
354
Open market paper
__.do
301
319
367
377
504
419
390
380
467
446
410
465
458
To brokers and dealers in securities..do
584
478
528
571
Other loans for purchasing or carrying
454
471
474
459
455
460
445
463
460
securities
mil. of dol..
465
455
451
458
1,229
1, 228
1,199
1,210
1,219
1,235
1,222
Real estate loans
do
1,228
1,220
1,230
1,232
1,239
1,244
35
40
48
52
40
40
Loans to banks
do
41
36
39
37
36
42
40
1,737
1,642
1,672
1,691
1,633
1,724
1,778
1, 799
Other loans
do
1.709
1,755
1,748
1, 883
1,911
Instalment loans to consumers:*
By industrial banking companies:
50.7
44.7
44.4
43.7
47.0
45.3
42.6
41.0
51. 6
42.4
48.6
52. 5
Loans made
do
47.5
44.1
42.6
44.2
43.8
43.1
38.5
42.0
42.4
46. 6
Repayments
do
44.6
47.5
279.4
288.
3
291.5
278.3
283.1
283.7
282.5
296. 5
280.0
288.3
287.7
Amount outstanding, end of month.__do
301. 5
By personal finance companies:
68.2
84.9
79.1
88.9
78.4
76. 8
74.3
77.4
69.2
107.6
67.0
85. 3
Loans made
do
70.1
80.3
72.7
70.0
81.0
70.3
68.4
74.1
74.8
89.3
69.0
80. 0
Repayments
do
503.
5
483. 5
476.7
506.1
514.0
484.3
471.0
484.5
487.1
505. 4
501.5
519. 3
Amount outstanding, end of month...do
Money and interest rates:
Bank rates to customers:
2.06
2.14
2.00
New York City
._..percent..
2.00
2.53
2.56
2.49
7 other northern and eastern cities
do
2.53
3. 25
3.43
3.38
11 southern and western cities.
do
3.36
Bond yields, Moody's (see p. S-19).
1.00
1.00
1. 00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1. 00
Discount rate (N. Y. F. R. Bank)
do
1.00
4.00
4. 00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
4.00
Federal land bank loans
do...
4.00
4.00
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
1.50
Federal intermediate credit bankloans.-do-..
1.50
1.50
Open market rates, N. Y. C :
Prevailing rate:
Acceptances, prime, bankers, 90 days
Me
Me
Me
Ms
Me
Me
Me
percent
Me
i fv
Com'l paper, prime, 4-6 months d o . . .
/2
/
/2
VA
m
Time loans, 90 days (N. Y. S. E . ) - d o . . . .
iH
m
1H
Average rate:
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
1.00
LOO
1. 00
Call loans, renewal (N. Y. S. E.)...do
.11
.10
.02
.02
.05
.02
. 11
.05
.04
.02
.04
.10
. 12
U. S. Treasury bills, 91 days
do
.43
.52
.34
.50
.44
.43
.48
.35
.55
.57
.58
.76
.38
Av. yield, U. S. Treas. notes, 3-5 yrs.-do
Savings deposits:
Savings banks in New York State:
5,664
5, 661
5, 627
5,635
5, 604
5,652
5,631
5,629
5, 657
5, 639
5,670
5,688
5, 628
Amount due depositors
mil. of dol.
U. S. Postal Savings:
1,320
1,317
1,314
1,304
1,310
1,293
1,297
1,
298
1,
296
1,296
1,299
1,
318
1,
304
Balance to credit of depositors
do
34
'30
41
31
42
38
37
43
40
36
33
'31
31
Balance on deposit in banks
do
COMMERCIAL FAILURES!
1,124
1, 149
1,119
1,024
1,211
976
1,086
1,129
1,175
1,128
1,111
1,114
Grand total
number..
970
43
35
40
40
58
48
66
50
49
49
44
48
Commercial service, total
do
36
54
63
70
53
60
57
65
58
58
61
49
71
51
Construction, total
do
161
181
196
188
191
188
207
206
173
182
196
200
160
Manufacturing and mining, total
do
7
12
8
6
7
6
6
6
7
8
4
Mining (coal, oil, miscellaneous)
do
7
10
4
8
15
13
16
9
8
8
8
Chemicals and allied products
do
27
39
36
29
30
44
30
21
22
40
25
Food and kindred products
do
15
22
22
22
20
29
24
18
28
Lumber and products
do
6
14
14
7
3
7
7
6
Iron and steel and products
do
6
4
10
10
4
10
9
6
7
Leather and leather products
do
5
13
5
11
14
11
6
14
Mach inery
do
14
16
14
12
20
19
11
24
Paper, printing, and publishing
do
2
6
4
1
6
3
3
3
Stone, clay, and glass products
do
36
44
44
59
54
56
52
46
Textile-mill products and apparel
do
3
1
1
2
4
4
4
3
Transportation equipment
do
30
23
19
24
21
23
Miscellaneous
do
20
r
Revised.
fRevised series. See footnote marked "f" on page S-14 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
be shown in a later issue.
m
S-14
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
June
1940 Supplement to the Survey
August 1941
1940
June
July
August
September
1941
Novem- DecemOctober
ber
ber
January
February
March
April
May
FINANCE—Continued
COMMERCIAL FAILURES!—Continued
Failures—Continued.
Retail trade, total - number
Wholesale trade total
do
Liabilities, grand total
thous. of dol..
Coinmercinl service, total . _
do
Construction, total
do
Manufacturing and mining, total
do
Mining (coal, oil, miscellaneous). _ do . .
Chemicals and allied products..... ..do
Food and kindred products
do
Lumber and products . .
_ do _
Iron and steel and products
do
Leather and leather products
do
Machinerv.
.
_.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 _
588
108
11, 397
541
893
4,740
1, 345
195
272
866
49
86
146
399
112
695
259
316
3, 563
1,660
681
115
12,715
574
854
5,247
361
432
1,074
297
92
100
142
890
69
1, 443
37
380
4,194
1,846
646
89
16, 572
596
838
9, 090
3, 067
444
1,512
358
369
75
175
250
25
838
1, 399
578
4, 699
1,349
691
102
13, 309
665
1,043
5, 928
117
441
2,347
254
708
158
72
259
422
873
15
262
4,097
1,576
771
95
11,888
359
599
4,217
197
88
894
293
555
214
29
524
163
820
7
433
5,084
1,629
719
104
13, 483
552
836
5, 983
294
172
1, 052
765
354
127
503
185
24
600
619
1. 288
4 501
1,611
800
105
13,444
855
765
3, 647
394
78
1, 051
2S2
215
56
85
523
25
359
119
460
6,128
2,049
745
108
13,827
573
1,120
4, 421
202
103
1,493
451
156
1, 484
58
383
5, 964
1, 758
732
102
12, 997
502
1, 272
4,386
421
31
770
845
123
197
325
288
16
1,171
40
159
5,056
1,721
20
271
240
250
434
55
645
3,970
3,743
735
100
10,065
647
913
2 777
'lO4
19
807
215
93
110
119
168
95
712
175
160
4, 765
963
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
25, 299
4, 710
658
4 052
1, 653
2,383
25 400
4 727
665
4 062
1 643
2; 371
25, 551
4, 744
663
4 081
1,632
2,358
25, 655
4. 759
666
4 093
1.618
2,347
25, 752
4,778
669
4 109
1. 607
2, 335
14, 347
6, 520
4,721
3, 545
2, 708
1, 574
9 "2
427
14, 527
6.651
4, 852
3, 572
2, 699
1, 605
897
424
14. 624
6, 738
4, 929
3. 579
2,094
1,613
888
425
14,692
6,811
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 74 5
1,621
955
402
15,034
6. 889
5, 036
3,784
2, 689
1, 672
862
518
15,032
6, 883
5,045
3, 775
2, 702
1,672
1 006
515
14,971
6, 744
4,910
3 794
2 717
1 716
15. 116
0, 778
4, 943
3 879
2,719
1,740
l 144
557
15,185
6, 792
4, 961
3,931
2,717
1 745
1 192
554
15. 243
6, 7S8
4, 962
3, 965
2. 720
1 770
1 201
588
73S
33
459
216
619, 617
64 450
135 t'33
HO 534
°7? 173
29, 85!)
1° 519
61, 120
168 675
714
35
446
233
597, 450
48, 946
128, 232
420 272
256, 608
25, 473
11,594
57,112
162, 429
697
33
428
235
605, 326
43, 520
124,192
437,614
267,714
35, 043
12,812
55, 547
164,312
683
32
426
225
579,283
53, 757
123,111
402,415
246. 254
22 854
12, 339
55,451
155.610
691
28
443
220
549, 955
40,720
127,974
381 201
248, 824
25, 938
12, 303
60, 409
150,174
798
35
506
256
648, 903
55, 244
146, 465
447, 104
246, 403
21,941
12, 368
51, 766
160, 328
721
28
468
226
560.912
34,256
134,859
391, 797
251, 508
28, 454
11,844
56, 278
154,932
800
67
494
238
694, 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
39,081
15, 336
60,863
169, 346
797
',32
464
231
589. 370
44 251
136 Ififi
408 953
204'175
23. 640
15 932
5fi, 279
168 324
42, 721
14S. 978
455 2°6
2S0, 753
26. 494
13,561
62,514
178, 184
784
24
502
259
661 627
51 096
147,462
463 069
261,495
21,414
12,965
61,977
165, 139
812
37
516
259
660, 075
49,812
151.391
458 872
265,108
25. 389
14,142
56.964
168, 613
Insurance written, ordinary, total.thous. of dol. 594,164
47, 099
New England
._ . . . . . .
do
154 975
Middle A J.lantic
do
East North Central
do _. 134,008
West North Central
d o . . . . 55. 069
63 413
South Atlantic
do
East South Central
do
20, 792
West South Central
. . . d o . . . . 45, 385
15 355
Mountain
do
52 068
Pacific
do
Lapse rate*
1925-26~ 100
553, 086
41, 727
146,613
123, 270
54, 290
58, 094
24,711
44,595
14, 956
44, 830
91
566, 061
40, 743
151,409
129,284
58, 097
57, 633
22, 218
45, 349
14,893
46, 435
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
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
537, 557
46. 549
148 981
126, 136
49. 509
50, 217
20, 201
39, 829
12 481
43, 654
598,217
46,533
160, 635
138.612
54,634
59.030
25, 156
47.986
14,517
51,114
597,203
47,503
161 8)0
136, 931
56, 020
60, 599
24, 583
43,591
15,854
50, 312
604,162
49,078
161 514
140, 480
57,076
61,160
24, 524
41,650
15. 692
52, 988
619
98
9, 449
401
684
3,155
157
82
451
201
88
188
113
251
16
1, 030
328
250
3,591
1, 618
685
113
13, 734
1,100
984
4, 953
444
40
1,002
548
132
251
288
226
82
1, 026
140
774
5,314
1, 383
738
116
16,213
594
847
7,050
2, 250
253
619
348
254
64
909
LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, total*
- mil. of dol
Mortgage loans, total .
do
Farm . . . . . . .
..
. . . d o _.
Other
do
Real-estate holdings
do _
Policy lortns 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
thousands.Group
. .
do
Industrial
... _ ... _
do .
Ordinarv
do
Value, total
.
thous. of dol
Group
do
Industrial
_
do
Ordinary
do
Premium collections, total®
do
Annuities
... . .
.do
Group
do
Industrial. . _ ._
_.
do
Ordinarv
do
522
816
43
514
259
(Liife Insurance Sales Research Bureau)
MONETARY STATISTICS
Foreign exchange rates:
.298
.298
.298
.298
.298
.298
.298
Argentina
dol. per oaper peso
.298
.298
.298
.298
. 298
. 298
Belgium
.
_.
dol. per belga
<*)
.061
.061
.061
.061
.061
.061
.061
.061
.061
.061
.061
. 061
Brazil, official
dol. per milreis
.061
.301
.301
.302
.302
.301
.301
.302
.302
.301
.301
. 301
.301
British India.
dol. per rupee..
.301
.801
.869
.863
.855
.869
.866
.848
. 869
.850
.882
.837
.874
Canada
dol. per Canadian dol..
.877
1
. 052
.052
.052
.052
.052
.052
(2)
.052
. 052
. 052
052
.052
Chile
. - . ._ dol. per peso
. 052
.570
.570
.570
.571
.572
.570
.571
.571
Colombia
do
.570
. 570
.570
.570
. 570
2
3.
020
France
_
dol. per franc
()
.400
.400
.400
.400
.399
400
.400
.400
.400
400
Germany
dol. per reichsma r k
.400
.400
.400
.050
.050
.050
. 050
. 050
.050
. 050
.050
. 050
. 051
. 053
.050
.050
Italy
_ _ dol per lira
.234
.234
.234
. 234
.234
.234
. 234
.234
. 234
.234
. 234
. 234
Japan
.
_
dol per yen
. 234
.203
.200
.204
.205
.199
.199
.204
. 205
.205
.205
. 205
. 20"
Mexico
_
dol. per peso..
;184
Netherlands
dol. per guilder..
.238
.238
.238
.238
'. 238
.238
.238
.238
.238
.238
. 238
. 238
. 238
Sweden. _
dol. per krona..
4.034
4.033
3. 602
3.805
3.979
4.034
4.036
4.032
4.035
United Kingdom
.
dol. per £..
4.030
4. 032
4. 025
4. 031
Gold:
21,801
22,116
20,913
21, 506
21,995
22, 232
22, 506
Monetary stock, U. S . . .
..mil. of dol__ 22, 624
19,963
20,463
21, 244
22? 367
22, 575
Movement, foreign:
66,976
36, 628 -117,947 - 3 9 , 495
Net release from earmark^ ..-thous. of doL.
7,417 - 5 2 , 8 1 2 - 4 5 , 1 5 3
213 - 1 0 , 4 9 4
-3,846
3,980 -437,234 - 5 5 , 0 6 4
3
5
13
6
3
4
6
10
Exports
do
1,249
8
7
j7
Imports
.-._
do
30, 719 1,164,224 519,983 351, 563 334,113 325, 981 330,113 137,178 234. 246 108, 615 118,569 ' 171,994 • 34,835
r
3
Revised.
* Average for May 1-20.
* No quotation.
Average for June 1-15.
1Or increase in earmarked gold (—).
J37 companies through 1940 and 36 companies in 1941 having 82 percent of total assets of all United States legal reserve companies.
(8)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. For data beginning January 1940 and an explanation of the revision, see p. 32 of the March 1941 Survey. For previous revision of 1939 data, see p. 31 of
the March 1940 Survey.
S-15
SURVEY OF CURRENT BUSINESS
August 1041
Monthly statistics through December 1839, to- 1 9 4 1
gether with explanatory notes and references
to the sources of the data, may be found in the T
1940 Supplement to the Survey
1941
1940
June
July
September
August
Novem-1 December
ber
October
Jarm- j F c b m .
aiy
I arv
March
April
May
FIN AN CE—Continued
MONETARY STATISTICS-Continued
Gold—Continued.
Production, estimated world total, outside
U. S. S. R
thous. of dol...
103,810
r
87,060
Keported monthly, total!
do
45, 517
Africa
.
do
Canada
do
r 15,819
r
15. 105
United States©
do
Receipts at mint, domestic (unrefined)
fine ounces... 285. 154 231,486
9.612
Currency in circulation, total
mil. of doL.
7,848
Silver:
j
884
Exports
thous. of doL..|
210
4, 673
Imports
do
|
4, 099
.348
Price at New York
doi. per fine oz_.j
.348
23, 423
Production, world
thous. of fine oz i _
3, 096
Canada§
do
I
6,511
Mexico
do
5,373
United States
do
5, 047
Stocks, refinery, end of month:
United States
do
2, 324
3.424
CORPORATION P R O F I T S
(Quarterly)
Federal Reserve Bank of New York:
Industrial corporations, total (168 cos.) t
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 (l 1 cos.)
'...
do
Miscellaneous (55 cos.) +
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. .1
Industrials (119 cos.)
do
!...
Railroads (class 1)•
.
do
Utilities (13 cos.)
do
I
P U B L I C FINANCE (FEDERAL)
I < <i< il I ii m Moiigiefe Corp
JO
H o m e O\\ n< / ' I o in Corpor ltion do
R( construction I iTi nice C o r p
do
]< \p( nditurt s tot il t
thous of do]
\ ition il d e k n e
do
^ n c u l m i l idiu t u n ' i t p i o i n n *
d o
\ i en plo\ihf m r( In f
do
I r '!>.{( rs to t m s t i t c o u n t s t
do
I I ((Kill t IV 1
109,305
92,557
47,212
• 16, :>>43
• 16, 294
j 308,330
7,883
307, 7£0 i 341,402 j 447,526 j 397,336 j 338.006
8,300 | 8,522
8,059 j 8,151
8, 732
15
5, 378
. 348
23, 091
2, 042
6,861
5, 530
3,997
180
4,107
.348
22,836 !
1,791 |
8, 120 .'
4, 419
87 I
68
139 |
4,656 | 4.857 I 4,721
.348 j
.348 !
.348
23.835 j 72, 900
23,145
1,795 ! 1, 673
1,708
7,990 I 7, 090
7 , 1 0 4
6,367
5,049 I 5, 609
1,557 I
1,605
1,522 j
j'107,s(-n
106,01;, - idO, !5<) 105 \ 115 1 0 1 . M>0
*0 51 1 i' ss "is6
! v 91, 852
! 40,2V i " 4", 277 . /' 14, 12') ," 17 Osl i 10, -<9s
!
| r 15, 7 M )
629 i \ \ 'is!
1 '., 199
It, 44()
16, 02'!
l«i. 4 1 3
I r 19 ii'j|
319
1, T76
. 3 is
i
123
i 4,690
j .348
|r 20, ('45
1,612
4, .».'1S
6, 499 i
2,107
1,730
226.0
72. 3
32. 8
21.0
184. 5
19.4
30. 2
17.7
2S^ 7
s7. 2
31* 1
9.0
3 9
12.1
38. 1
36.8
8.2
4. 7
8.6
58. 8
36. 9
p n
o
L"06 Ki j 23°, Ofn
s, 5<!3 |
b, 7S1
1
noi
921
2\)2 2'A
'». 071
1 OIS
t 1Sfj
!. M M
3 r.S
,"00
2'-!. 20s
1, 357
2'\
u
17
".7
15
17
IS
7, 152
!
2,382 |
1,792
~)i
!••
-•> I S
~1, 802
6, 339
6, 4 '.5
b, 009
19
> 17
" 1." s i
( 22
1,619
2, 181
'47,170
47, 231
47, 721
'•40,901
40 96 7
557
41, 3'2(
501
1,340
^ 6
0 2
i , ,
Mi I
\2 \
52.0
44.2
61.9
55. 9
62.9
70.9
1.6
68.5
124. 5
69.9
87.2
95.1
0.9 I
136.4 !
78.4
79.9
40.7
109. 5
' 112.3
' 115.5
71.2
140.0 !
v 106. 8
p 112.0
v 43. 0
p 145. 5
j
Debt, gross, end of month
mil. of dol ! 48, 961
Public issues:
J
Interest bearing
do.... i 42,207
Noninterest bearing
do. .
74
Special issues to government agencies and
trust funds
mil. of dol.. 6, 120
Obligations fully guaranteed by U. S. Gov't:
Tot U mi un t 'nitstTd 1 'rp r c? 1
mil of dol
u TO
I >< bt K • in m< n N
\11 o t h e i * . .
R( (< i p r s total
R(C( p t s , n«t*
Cusl( m s
Ir ti n 1 ' ( n e i i u e t o t il
!'106,.r>0f> jr 113, 330 '108,080
I ' 89,072 j r 97,803 ••92.522
I 46,0fi()
47,548
46,711
i r 1 5 . 4 4 0 j >• 1 6 , 3S6
15,775
| r 17, :<24 ! r 22, 004 19,052
|r 100,700
| ' 92, 605
I 46,985
r
30,007
! r 19, .109
1 J.)
2 P')
1 711
1 i>
M>~
•>]
1 i(
42, 971
43,774
43, 909
44, 075
44,140 j 44, 277
45,039 j 45,890 | 46, 117
37,605
591
38, 337
584
387 386
589
38,419
593
38.462 ! 38,502
'""""
566
39,102
4,853
4,934
4, 775
' * 8 8 0 i S () -,i) )
r
l
0,86)
i 1 > )20
17 12s
21
i -
• 'i i y
no
>2
1
9 If r
"SI 2 s
1
.'. 6S3
\
SOS '
1,2 9 I
12°
2 ( 2\
2 '21
1 0M7 ,
1 097 i
"M 2"b
S70 _»,i i
>s~ 177 1
7( t h 1 j r > 2 0
I 7 1 , M) I ( 2 H)2
1-t'
'
I
'17
111 n l
»
1 )
10 0 )0
0
]»7 S71
75 2,1
2
f>
1
1 )
704
1
2\\
1 1
t
i'»7 (12
- 0 -86
if '> Ss
2 "27
7
11 \2\
O s4
22, t»27
h 2 "10
Ul (h)
>t9
] 2f «
2 fl<
00
I
2
1 1 >
2
1 1 I d " \ ^
1 11,-•> 1 > I
1 )<) " v ._
1 > J <
:- , 1 '2
I
1
-*-
( !
1)
((
7
1»
V\
V
"
!
)
<!
2 2S
1, W
12 IS
8, ISO
12 500
1, 194
513
2, 348
1,198 j
1 208 j
515 I
2,387
2,387 I
3,224
1, 187
3,233
2,185 j
3,349
1,197 !
3, 328
1,200
3, 302
1, 214
3, 280 I
870
5(2
1,067 ,
871
567
1, 0H7
12 W*
s, ( 1 3
1,291 i
S3 4
"',7
1 001
I 2ou
(.01
l.in
1
,)
'
1, 2°0 1
>• S
( 1,
1
^
1
<
I
s_ I
(
516
!, 390
2, r,05
3, 257
1,298
3, 208
1, 309
3, 21'.?
1,352
829
59 i
Sr0
1,1 db
518
J, 1 l o 1
( 1 (
(i 1
/
S, tji 2
i,174
523
2, 424
ins
J
N
>» H i
1 . 10,-, i
1 , (><)<>
.'{. 334
J, 409
1,472
523 I
2.406 I
i
3,251 1
1,380 I
!') >
002
"l )
!
_1
1
sso
1
1 (
! <
1
l ,1
1 ' 1
2, IM
n
1
M)\
i
( >
(
A
1 {_
(
11
>
- " 1
t
< Oi
\
1
~
(
s
1)
1, 189 i
" 553 I
2,336 I
1 0/3
1 i
l( 2
r
1 I 1) S
.1 * r
1
1,202
552
2,342
5M)
"
(9
l
1,212
524
2, 323
j of 1
1, .12
1
1 Ml
n ( ID
1 223 1
1 ?, 002
S, olA
824
"70
1 OS! 1
1 iH
1
! 2d
> _1
1 7P
2
)
1 ~\ 1
n 1 > l ' l '
il
] 09
1 \)h
12 ()21
8,470
12 T J
8, '83
''71
1 ^t )
1
<)
1
1 _i )
(
>(> ' .
,^{ > s
2C •>71
"' 7P !
1? 410
8,62 5
5. 834
70
1,916
"),810
\ 1
T i \ ( s 1 oni
vWimi MODS to theaters, t t r ®
<.3o
Capit il sto*-k t r i i i s f n - \ < t e ®
do
O A d i i n c n t COII or tion^ a n d c u d i t ij-ercu
\w<
c v i p * rtc riirenc> , tot"l r r ' l of iol
I ( u a n d f rt ic ntd <?t' ck, t< ti'1
no
T o i is to fimnaal insfitutiors (nicl pre
lerred stock)
mil. of dol. .
Loans to railroads...
do
Home and housing mortgage loans..do
Farm mortgage and other agricultural
loans
I
mil. of dol...
Allother_
do
U S obligations diiect and fhllv euprintced
_ .. _
_ mil of Jol .
PUMDO^ property
- .
_. do
Propei tv he Id for sale
_ _ do
Ml other assets
.
. __ .do
593
-<•
1 )9',
70S S J
(
r
5,534
5, 370
5,102
1
1 271 0 0 )
S I
'2 I ( s<
r
5, 063 I
5, SI2
],'>O
2 (»J1
i (%
1 269 I
2ff34
Vum i
568
I
39,908 ] 40,028
o54
1,'01
• I
1
1 "-
1
1
J
»V)
f H< \ i s e d
PL'relinmir\
« \ i r n b i - o f u r >t i n n . •> \ »r •
^ 1 1 I 'I1' l l \
it! t ' " ' ' » , I IK"
i V n ' C J f d u n n ? t h e st c o h t i q u a r r ' J 01 l ^ i i ) ?* d u e e u I \ A m j n i l H i o i v u r p 1 i t i o r ^ M t i n m v M 1 ! 1
.f t . *>l ir n »« t ! I
f
r
® E \ c l u d ( ^collection^ i i T r i r a t n i u l i ' d i r s ' t ^ f s u m u r i a \ ( u u i \ t t o f l " 1 0
cf ' h ' 1 >11'PI
u i r u i t f e 1« 1) 1 L U K
» . u 1 , p ' it b
) it 1 i c p o i t e d b s ( b o (. i n i l u ' i u i U ' i m i i e n t s e e i i o t e i i n ' ' 1 ' ^ i , n p ->^ if t •> • i n n 1 (
.1 1!
« J } ^ j ° r i m r c \ M f h ^ p i d N 1 0 , w \ c r c ' I r e i t l e p o i t s n o i n f n i r i n M ^ a n s i r e 1 1 ' k m i i l i » ( • H 1^ < f t i n \ ' i i i t i i ' b
1C3 n 'i
\ \ h t 11 in c u t
c h
rentieioit
u o a \ u l a b k a t i l u t m u )f ( H M i i n i l J i o n t h e 1 i s i H m , \ t t d r u u i e i < - t a i i u d i o i \ a i d
i ti romp r It llif\ of th» il
! I
r
' st1 lif|OJ,«.
f^ 4 tc4
u
! 1 a M
f o r B e i j ; 1 u i L o i u r o , f o n i i r i \ m i l u ( h d 1 1 ' 1 , H I P S fv)i V f r i ( ' x . M d t o t 1 1 n p o HH\ i u o i > t h h
uevci'nUd
M
r e p o r t e d f i r u i e s f o r H e l g u i i L o n L r o l n i O ' i n t * 1 t o 0 1 t w e e p V r<T d '* p< r c e n t o f ty • t n 1 1 »< p o r t ' i t o i V U K 1
r
U
!
IS f
tKr w - u l IIK*.
1 ) i t 1 o n t o t 1] e \ p c f i ( I i t i a f > N m<\ n m ^ f e i t u ) ? u t di {owii<* ? c v i < <' r • ^ r , u ,i l i ' , 7 , 111 1 •III MMi 1 I M I J V 11 111
pf "1)H 1 1 '
t [ l!)'
t h e J N o v o n b m 19»O M u \ e \
r
T
1
[« U 111 1 <i i t
O P Mt V i t r
H i d I 1 1 l i t , I*
vjiie'l'iun^
s\\\
* \ p \ \ ^ i j c , 1 i 1 (j i t 1 o n n o t MM e i ] t - b c . j n n n < J ) P i a r \ 1 9 1 7 e e T i l 1c " 0 , \> I s o f I I H V > \ < m l »1 1 J 4 0 - U \ <
b e s h o v M i i n t subsc ci'i^i* ' ^ r c
ii Mi f iK in M "1 •! 1 HI! KMI1 I
O K . 1 , T ' ^ t 1 . ) ! l u m n i l U M P i l l h n i i J]"> l * l i 1 » )^t M » r '• i m \ | . r if ' t " 1
i ' i 4< r n i T 1 \ M in 1 1 ( irn ! t ir ' • '
S-16
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
June
August 1941
1941
1940
July
Juno
February
Novem- Deccm- j JanuOctober
ary
ber
ber i
March j April j May
FINANCE—Continued
PUBLIC FINANCE
(FEDERAL)—Con.
Government 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 U. S. Oovornment
_ mil. of dol .
Reconstruction Finance Corporation, leans outstanding, end of month: ^
Grand totalt
thous. of <Io»
Section 5 as amended, total
do .
Banks and trust companies, including
receivers
thous. of doi
Building and loan associations . . . do . .
Insurance companies
do . .
Mortgage loan companies
do...
Railroads, including receivers
do . .
All other under Section 5 . . . .do
Emerg. Rel. and Censtr. Act, as amended:
Self-liquidating projects (including financing repairs)
thous. of dol.. j
Financing of exports of agricultural surpluses
thous. of d'il
Financing of agricultural fomniDdit!^
and livestock
.. thous. of <W._
Direct loans to business enterprises (inoliM- J
ing participations)...
._thous. of dol..i
Authorizations for national defense under j
the Act of June 25, 1940*. ..thou" of dol
Total, Bank Conservation Act. as amended
thous. of dol _
Drainage, levee, irrigation, etc . . . . . d o . .
Other loans and authorizations^-. - do .._
7,842 I
8,400 |
5, 529 i
1, 343 1
1, 105 !
40.5 !
5, 526
3, 351
904
406
5,811 ! 5, 809
1.354 j 1,356
3,234 i 1, 238
410
407 i
3, 639
3, 844
, 977
8,403
I
3,003
8,406
8, 579
5 80S | 5,919
1,354 ! 1,422
1,243 ! 1,237
412 I
413
! I
3,558 I
3, 526
8, 526
8,599
8,592
8, 096
9. 377
5,917
1,395
1, 214
415
5,015
1, 389
1. 294
5,014
.386
5. 916
('), 560
h292 |
418
l[ 391 I
421
b. 371
1,434
1,432 I 1 , 4 9 2
422
423
3,559
3,629
3, 666 j
3. 792
3, 184
3,580
1,635,270 1,651,829 1,651,616 1.621,602 11,648,746 1.697,38(5 1,712,638 jl,804,379 11,940.015
720, 085 749, 921 753,087 I 715,778 720.324 751, 498 763,653 770,730 | 768, 5HQ
87, 761 86,303
4, 347
4, 270
2.331
2, 313
145,951 146, 637
475, 856 506,623
3.839
3, 775
. i(.;o
57
19,915
85. 226
4, 625
2, 188
149, 737
507. 627
3, 684
.19, 784
83, 898
4, 597
2, 176
151,456
470, 039
3.612
21. 262
31,785
47
47
47
47
521
520
520
445
129, 945
129,371
128,676
1,010
2, 055
12,844
574, 558
S3,596
105, 797
570,778
83,299
96,524
563,561
83, 223
99, 242
564,516
83.360
94, 599
S2, 577
5,694
418
200, 313
457
4, 140
123. 242 I
15, 405
' 422
5,851
32, 246 ;
47
525 j
130, 732
115,
4,
1,
165,
473,
3,
83.110 109,214
4. 690
4, 581
2, 105
2. 077
157.094 159.534
469, 769 472, 596
3, 554
3, 498
19 581
028
268
09S
118
881
360
112, 02'i
3, 998
1, 906
308,044
481,961
19,511
445
127,906 | 126,008
108,771
4, 202
1,790
i 69, 027
481,977
2, 753
102.702
4. si:-?
105, 808
4', 368
1, 742
372,452
486, 877
2.652
99. 301
4, 59}
l,09ti
174, t>}0
2; 435
18.'Uo
19,486 i 19,443
Ib. ."vO
47
47
47
47
47
47
443
443
443
443
443
439
121,678 j 119,061
117,464 I 115.827
114.47S
154,305
137, 171
1*S. 244
239. 194
460, 313
4.'s, 171
7-1. 497
63, 864
51,387
71.249
559.420
504, 744
83,409
83,. 507
92,772 ! 94,141
556,711
83, 460
115,875
649. 195
27, 316
2,088.893
752, 300
1.981,699
773,899
468.853
82,897
90, 930
S3. 101
38!), 260
CAPITAL FLOTATIONS
Security Registrationst
(Securities
and Exchange
Commission)
Total securities effective under the Securities
Act of 1933
.._..thous. of dol..
Substitute securities*
do
Registered for account of others
do
Registered for account of issuers, exclusive of
substitute securities
thous. of doL.
Not proposed for sale
do . .
Proposed for sale:
Cost of flotation:
Compensation to underwriters, agents,
etc
thous. of dol._
Expanses
do._._
Net proceeds, total
.
do
To be used for:
New money
do
Purchase of:
Securities for investment
do
Securities for affiliation
do
Other assets...do
Repayment of funded debt
do
Repayment of other debt
do
Retirement of preferred stock. _ _ do
Organization expense
do
M iseeilaneous
do
Gross amount of securities less securities reserved for conversion or substitution, total
thous. of dol...
Type of security:
Secured bond's
do
Unsecured bonds
do
Preferred srock
do
Common stock
do
Certificates of participation, etc
do
Type of registrant;
Extractive industries
do
Manufacturing industries
do
Financial and investment
do
Transportation and communications.do
Electric light, power, heat, gas and water
thous. of dol .
Other..
do . . .
90. 574
16,717
76,464 I 195.715
20,225 !
429
,452
,493
1,959 I 4,523
358 1,182
53,923 189,581
4,293
9, 030
279
0
I
22, 984
3,410 !
374 i
70,074 I
2,016
0
200
18.039 j
•537 '
Si
18 i
154, 128 | 317, 760 j
46,931 i 25,594 j
V,i \ 179,584
20 1 18, 242 j 33Ji33
j
10j 677
3,747 M 8 2
1, 226
695 1,626
. 233 I
354,
025
102
755
!
283,
60S
1,019 !
•,874 !
3, 248 !
657 |
91, 257
14,899 I
4, 363
152
20
60 I
19,181 ! 37, 342
60 j 2. 694
38,155 i 161,423
8
997
2, 139 I
1, 909
1
0!
j 102, V2s
0 [ 2,3**7
)() I 3,514
4>758
109, 324 278,
14. 162 i
31,996 j 45,432
4, 859 j
101.748 I 322,0IS j
2, 862 |
0 i
3,
13,381
82
0
69> 825
681
9,427
233
1. 123
33, 863
9,309
I
!
I
i
18, 165
4,612 152,842
249
0
0
173
223, 900 154,066
2.
093
1-934
25,711
18,256
10 !
0 !
40 I 672
132 i
0
1,14*
10',.
oil
3'1. V>!
3, \<s:i
1,174 i
874 1
159,294
'20
122,411
89, 839
159. 771»
13,069
46, 800
J9, S78
12.642
0
1.372
0
128,973
13.000
2. 268
(")
H13
23,493
0
133
46, 038
' 540
5, 069
0
337
11,339
0
Y',. 119
• ; : " !
"' loo
1. 5f»4
51.953
1.S02
175
144,3(f()
206
101
196
I
76,852
.Ill
>, 499
•• 0 0 5
58,144
0
2,264
6, 799
9. 685
75
5 726
9, 835
4, 337
I
i
•<".$ 713 '
199,591 j 116. 7S0 j 115.167 j 273.307 ! 158,886 I S
39,541 j 230,483
70,607
105, 148
6, 650
7.1.4L'9 \ 1,706 l i r , 3i»
72, 000
24.878
22.598
11,040
23,869 i 24,2tt3
16, 465
16.016
4N 907
1
9, 209
19,375
7.397
26,578
57,917
5 , :..")2
2,194
17,637
130 ; 35.672
10. 870
117, or,
31 s.'r
3/.505
^' S32
7') •
nI
H, r?2 1
2.1 -1
35
3,974
81,396
2 186
' 0
28
55, 205
19.407
500
„
50
38.158 |
6. SI5
0
3. 177
1, 731
70.097
1.779 i 49,926
7,722 !
200
54,700 ! 111.676 ! 13,319
2,210 I
359 28,323
50. 386 ! 189.833
700
7. 058
"11 S97
100 00
212 i\ 4 "•711 0 ( 1
31]
0 - "M l
0 r " SH
in
<• 1
• V 2:0
' M ' 1 1 4 3T7
, , .9}
0,353 I i1_. P
W j
0
24.(^)7
h'> I'v.
0 i
78,052 ! 171,360
13. M.S 151.3H
5 1 . 3 H ji
10,734 I 11], 710 I 3 , ^ 7 ; 4,122 j
43.on
2") '»70
2, ! 0 s
S7.729
Securities Issuedt
{Commercial and Financial
Chronicle)
Securities issued, b \ t \ p e o f s e c u n U , total (leu
capital a n d refunding)
t h o u s of ( ul
N e w capital total
do
D o m e s t i c , tot il
0L
Corpor vte total
'c
B o n d s >n i note*
Loiif t e r m
lo
Short tern
o
Prefer n Mocks
>
C o m n on stocks
j >
^ 1 I
1 I _
' lf)()
' ( H
t( 0
I 0
( "s
n S35
4" 3s"
" 2 f 12
0
1 0»
0
3° 42"
1 899
91 )
t
1 4S)
or f)
T \~
~
»0
Ml
i
>K
1 (
4 03"
' I I) I h ' 1
1*0 I I) I r I
U. H I
0 1
1
i
0
2
f
~
1
[i
2
I
11
\ r ) > I
11 1
Is > i l l
1
f 3i 1
1
• r
j
t i
t)
i-
>1U
i! •
it r s i n ] ] ) it
p m ' i u 1 i u t •> i t n * of
»• Revised
« J_es^ J n n soOO
^It Hi ic n
of this A si
1
m i r 1 u\a n t t i n tk 1< u n t \ t p e (
1 Include^ $151 JOU 000 in 1 ice mou T t uist ilm* 1 t e n
1r 1
1 ii t ^ 1 ]> n
1)
< t» t Ke
tRevised s u i t
D U i on s e c u n t \ r< 1 r n l m s n v i s 1 b t ^ m n j l i i u « \ l >38 < u t i t l p t " p 1 rf \h
1 H) - 1
T
et if(. t ( n ^ ' u 1 <
i i ir 1
tion F i n a n c e C orj ( ration m l ( t h 1
s T uithoijz u o i
1
u innn T ] u u \ ' 9 - r t " > r v l u d
1
i
d
tc
1 m M M 1 f IK. ( \ (r J J4I)
a d v a n c e d in \ i i -\ir s I T I HI *"^ d u n i[ 1 ) } ') n \ n s i( 1 u 1 i< r 1 ' r
^ur
(\
01 1 f 1 l o m I n v ( 1 0 \ iu i 1
ir(
11
)
in c r, D I i l f 1 ( r f t r 1 b \ Hie
issue. D a t a b(-iinni i:r 7 i h l'^Ofor " o f l i " 1 n> nd iuf lor
t o o c ' ' fl« ( i
i th( p u n •
us
i l o n \ ^ihiit'iiMa
'J41 ^ u x ^
R F C to aid in n U i o n 1] di fn ( no^\ i r d L d t d iii U I T ; K I I 7 Uions
^ b s*
t i n i J i u < C ( . v > n i n o t h e r r< i : p r
in ii 1i h i t 1 t s r 1 '1 n t i l c l i n e a r K
such revisions are n o t c i r n t u i n t o tl e U t i l l
1 \
J r
f l
)
1
i?
T V f f
Aii'hon/
*New sei les F o r d a t i b e ° m n i n c 1938 i( r S J V >titut( MCU> ttuu , v i e t i l h t~, p 1 ol t h t " N c v u n b i r 1 U(
h*T]< n 1 ]* ( i s l
p a t i o n s a n d p u r r r a s o ^ oJ Pipit il«fork n onrnor m i <>< itr<l i-\ t* < K i r n n ^ n r 1 n I mai CM ( or})u i n o n t 1 1 n
1
T
IJ('(
S-17
SURVEY OF CURRENT BUSINESS
August 1941
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 j y,, n r
1940 Supplement to the Survey
j
1941
1940
June
October j "ovem-j De«m.
July
February
January
March
April
May
FINANCE—Continued
CAPITAL FLOTATIONS—Continued
Securities Issued \—Continued
(Commercial and Financial
Chronicle)
Securities issued, by type of security-- Con.
TUmustie—f o'liinui d
1 arm loan md other Gown** nt v "
f'H S
?1 Otii of ]( '
MuiHcipnl, ^t itt, etc . .
do
I o n ign, tot il
do
C oij)( r i t e
_
do
Gowrnnitnt
no
I nii( d M it< ^ po-iSi s K ns
do
Ktfuud'Mg, tot ,i
l)nnu stic, to* ii
1
Corpor \\o, to* i
Bond-, did nof^s
Lon*t. r n
Snort b n n
!>
Pit fern d <-* •» k^
no
Conrnoii sto ks
d >
Farm loin a n a otlur g o u ' P ^ j p * wf 1
cies
1 no
M a n i a ' / 1, StiU . off
Pon I U I , fo'al
C orpo* itv
^0\'rninent
I n f c l M ">t <• r>< s^os>io is
Coiporah securinfo j >ut d 1 \ ivp ff b, 3 \^
}(
trtil
Jious
0
\~< w i init il. total
{
Tndustn d
I n \ i s t m e n t t i u ^ t s tndips;, tlhl h III
coin]) u r n s etc
hous f
L md, bu Idiue:^ < tc
ao
"1 UMK utilities
<>
K tiho idb
10
^liinpmt.T m d iiiiscell meous
co
Tiefun'i in, tOtaL.
_
Jo
Indu tnal
do
In\e < -t'iu n t t r u ^ b , f idi'ig, m d p ' l d n
|
sO 4 >S |
]
i 1 o(
j
,
]
0 |
0
0 I
12 000
0 I
U, rs
0 I
)
0
2 200
40
9. 440 645, 442
60,416
86, 237
850
0
0
0
0
0
0
850
223. 242 '174,738
223, 242 "174. 738
115,288 -107,181
. ,3M
0
0
o
0 ,
0
i
I " I KM
!' l
17
Us
ll> ( )S!
) 9S i
122 J' I
1- ' »'• 1
r
20s, Mil
j
1
2
"i !
'( ) '
5s
IM
0 '
"i 2
17.
i JS
(
83, 680 • 106, 472
709
0
0
31, 607
0
0
161, 757
0
35, 345
0
I
11 3,0
4.000
92, 829
0
0
0
0
27, 725
39, 833
0
0
0
0
28, 300
73, 687
0
0
0
0
l>- \r 201, 922
0 r 86, 634
•11 i 20,612
146, 650
39. 470
8, 781
260, 976
63, 874
19,459
0
106
39,661
1
o 1) I is, in
3, 120
17.136
'27 Hi2 115,288
1
1 307 r 41,500
0
47
18.40!
9, 100
3, 141
•1 07,181
r
37, 007
0
0
3, 775
36, 715
3, 925
197,102
51, 170
0
2, 876
67, 602
3, 000
309
0
1.929
39, 186
4, 000
25, 05^
0
2, 875
i 38,'882
0
4, 175
•00 i 17
so i i >
ij
)
0 i
111 2r
0 77
i
- s
i2
1
4
:i
s
>i
' v
I O'I
0 i
427 i
0
o
r
111
'
v
0
0
' i
i0 lM
101 '",h '
1 700
1' •>
~l
213 I
S I
0
0 '
'
T> m d , b u i l d u p s e t c
Co
'
(
P u b l i c uMUtus
o
R-Mlrouis
?»
I
bhiijp]»ij[ m d T us(.el' in ous
''o
D o m e s t i c l^bde^for pi odu f t n e i c s f ' M n ( f i ^ i * .
x
Totil
.
nixl o f d j ] !
}
Corpor lie
i
M u n i c i p a l , s t a t e , etc
du j -
(Bond Buyer)
State and municipal issues:
Permanent (long term)
thous. ofdoL.
Temporary (short term) _ _.
do
1
5,440
37, 436
0
0
0
0
299, 089
299, 089
197,102
"I
1
i, nffO
0 ,
H 020
40 S
78, 301
246. 88S ! 178,061
75,692 | 234,366
89, 291
77,354
89
54
35
102
53
49
77,622 ! 182,403
100, 95
117, 406
79, 802
167, 225
202. 402
96, 146
104, 238
63, 074
177, 0 5 7
175,389
101,975
'• 89, 394
116.326
138, 683
COMMODITY MARKETS
Volume of t r a d i n g in grain futures:
Wheat
."
mil. of b u .
Corn
.
_ d o. _ _
432
70
495
451
81
360
62
360
66 !
406
91
283
68
sis
642
213
376
261
631
215
368
256
635
218
370
268
653
203
381
269
214
383 1
280 :
204
427
281
548
439
58
SECURITY M A R K E T S
Brokers' Balances (N. Y. S. E. m e m b e r s
carrying m a r g i n accounts)
Customers' debit balances (net)
C ash on hand and in banks
Money borrowed
Customers' free credit balances
mil. of do]__
do
do
do
616
186
395
267 I
|
'
j
i
661
207
399
275
633
199
387
268
634
199
606
199
368
265
622
185
403
262
Bonds
Prices:
Average price oi all list*.-* w.nds (X. Y. S. V:.)
PJ.Os i
9-105
dollars i i'4.S()
00. \ i j 90.96 I
1-: - o ! 9b. 56 i
98. 10 ! 97.16 i
Domestic
.. do \ 9 ^ 0 0
43.07 I
15. ',0
45. tf ! 45.81 !
Foreign.
- .. .
- - do ...I iT.75)
43'. 28
40.64 I
Standard and Poor's Corporation:§
|
SI. 0 j
s5. 8
Composite (00 bonds) ..dol. per ijWOO nond
Si 5
81.2 !
I
90. 5
00 1
St. 7
Industrials (20 hoods)
"
do
86. 3 I
8(i. 8
89. 2 "•
Kil)'.7
101.2
10(i.
5
KU.
1
Public utilities (20 bunds)
do .
08. 7
100.2 I
100.6 j
u0.
9
(H.3
6!.
1
Kails (20 bonds) . .
__ ._ _ do _
52.
0
57.
1
;
(il.O 1
J2(>. 2
129.3
Domestic municipals (15 bonds) .. . do .
12K2
114. 6
120.4
122.3 ;
i2i.6 i
111.8
U. S. Treasury bonds t
.
_ do . j 11
106.3
104.8
106.7 I
107.7 i
i
Sales (Securities and Exchange Commission): j
I
Total on all roistered exchanges:
j
1
')t.7(:l
1H..SS1
90.317
81,388 I 67,05
Market value. .. . . . . . ..ihous. of (Lol._ 0",
117.''.So
! 27(1. 012
Face value _ . .
.
. . do _ 17:i. 21 ".> 134,597 ; 121,857
99,101 ! 1 4 s 956 • 185.154
On » \ v York Stock Exchange:
••
!
\ 2'l(i
74 484 ' 05, 5M0
.do .
Market value . . . . . .
53, 571 i 7S, .r).;)8 ' ft3, :.:;2
1G1JN) 1 221,475 1Mb, 732 I
i 1 i
Face \nluo
_
„ .
do
82. 124 ! 129, 2(;o | 159,704
lU,u51 I 102,228
Ex( lnsivo of stopped sales (NT. Y. S. I".)
230, 9S7
15(>. M-Ki '
I!'.'. I'M 11)2,663 j 98, 120 7i>, 7'i5 • IL'5,9f-5 i 110,»jsl
!ac(-value, total
ih<»us. of ilol
:', 707
2.422
2,337 j
1. 597 I
2, 4jt)
;>.077 j 2, I.'il
r . S. Government.
.
d^
l.iiiu
Other than U. S. Govt., total .do .. ! Is. lh> 0S,0.v> ! 95,989
77,n(i« ! 121.'i-"> ! 14 S. Is") 15t), 5? 1
22s. 2s0
1
:
/(
VA\ 1" i
Foreign.,
M.i^.S 1 .N2,r-30
I7.'J2S ; l.\30J '
93 73
97. 73
"G 2b
91.32
9h. 25
47.01
85. 3
89. 9
100. 9
62. 3
125.0
10s. 8
90.2 I
101. 3
61.3
125.4
110. 1
<<>. S
90. 2
1(11. 1
05 9
I
91. 176 I 118.851
i;«.:'/ 1
l i s , 219 j 235,872 ! 269,891;
75,909 I 96, KV2
130. ODS 2 0 9 , 3 7 9 2 1 2 , 7 2 0
01.22
08
17. 07
ON.
r
h0 0
90. 1
101.2
66. 7
128. 1
111. 1
119.252
2!8, 02S
100,577
196, 932
123, 617 211. 3s2 209, 471 j 100,272
2.224
1. 117 I 1,497 |
V2\, J23 212 '«..") 297,971 ' I»»x,:i24
' j in!l,2f'M ! 199, 173 j 191, ss5
5 i 12 158 ', 13.792 | 13, (NJ , \i VS.i
f)ij, 5»;>; ' id .), 915
r, t, ion
10. SiJ".» I 1 i. 153 i J ' \ 025
r
ReviVd.
^F^nrn'rly Standard oiansiirs Co., inc.
' V ( , Y i v \ i s i o n s i n I9'.i'.»d«itii i n » p i ( umiri
iv<-u m-ii i-'niaiuiui
( './«•--'c-.*c, M M - I I . U > - n . - u L i 4\>
t o M a r c h - M a . \ 1 9 1 0 { ' m u r e - ; t i a \ e b e e n m : i d c ; i ^ 1 > > i I >\\ ^ . m d P U . I L - ' . i d i u - U ' d : u ' c o i \ i i - , j i . > . li? i \ | i r '»(
$ 1 , 0 0 0 , 0 0 0 i n M a r c h . 8 5 , 2 5 ( i , ( i : ) ( i i n A p r i l , S 5 M M , W I K ) i n . \ h i \ : / . ' i u - i d i n ^ . - ^ i n . o n n ; n \\)nl.
->1/U,'i)j i n M a y . Hytvp.
$ 5 , 2 5 0 , 0 0 0 i n \ p r i l : p u b l i c u l i h i i o . r u n v c a p - U a l , ^ " 9 0 , 0 0 " i n M a y : r e l u n d i n ^ , 8111,-')(•() i n , \ ; I - I J , S I T O . O ' ; ' ) i n
*Ncvv series.
F o r d a t a o n d o m e s t i c i s s u e s f o r p t o d i h ' t n v u s e s \n m n t i i n s ! ' . ; 2 ! , s r - e t a b . l e M, j ) , I " i>l O\>
I R e v i s c d series.
F o r d a t a b e r r i n n i n c 1 9 3 1 . «<•«> t.vh\o 5 5 . p 1 7 1,; ihf> Uwi.iuor
1010 M j r w y
92. 72 j
*u\ s o j
45: 17 j
»i-l I MM . i r t .
111., e n p ) !
b
• »i (!ir Mafch 1911 Sul"\ r> . \ #Idiliniih
M" t e r m own Is a n d note--, new capiJal.
iriaN. new cupiial. .•M.O'i.i.iM1 in M u r d i ,
S-18
SURVEY OF CTRRENT BTSIXESS
Monthly statistics through December 1939, to- | 1 9 4 1
gether with explanatory notes and references j to the sources of the data, may be found in the ! June
1940 Supplement to the Survey
I
H)41
1940
June j July
1941
N
1 <>liru-
| August | t e - ^ P ; r | October ' ™ ;
April
FINANCE—Continued
SECURITY
MARKETS—Continued
Bonds—Continued
Value, issues listed on N . Y. S. E.:
Face value, all issues
mil. of dol.
Do mestic
do
Foreign _ do__ _
Market value, all issues
.
do...
Domestic
do _ _ _
Foreign
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
U. S. Treasury bonds
..do
52, 879
4. 207
r
, )j _ 227
2' o i o
47, 666
45, 894
1,771
53,431
48,903
4,528
48. 602
46. 762
1,840
:
;
!
I
j
53,914
49,390
4,515
49, 239
47, 285
1, 954
4", 69
f
2. 95
3. 31
4.3!
2. 96
3. 10
3.57
2.96
3. .10
3.70
5.11
2. 88
5! 01
3. 25
3. 33
4. 57
3.01 i
3.52 I
4^80
2. 85
3.03
3. 55
4.76
3.15
3. 23
4.32
o. 12
3.23
4.30
2
2. 43
2. 33
-(
3 36
3. 40
3. 30
;•; 39
2.71
2, 92
7«
00
2. 80
2 >•'
?,_
4.6f> I
4. 45
75
2. 95
3 36
38
3.10
3.19
4. 23
.06
.18
.15
.98
.14
. 07
2.93
3.13
4. 03
96
\ 17
3. 90
. 32
. 10
2. 18
2.07
1.89
1.99
>
'1 27s
>-,
if, 2 ' 9 I
3.36
. 06
. 40
.48
2.44
2. 18
4 2
2 14
. 79
.01
. 48
. 56
I
v
'11
1 \u
10. 277
IS, 97
l.O'l
1,944
2. 67
3 7°
54,139 j
49 7 *<j
i 349 I
49 ^-20
4 ,49
-1), 831
48 S7J
49 4(<0
4 51* I
!
2
si
0
3 1) 1
04
9!
4! 42
3. 37
4.38
3 3s
4 33
3 31
4
00
3. 19
4. 00
3. 02
3. 17
3. 9S
3 1 ir,
3
3 02
]3
9-r
96
Stocks
Cash dividend payments and rates (Moody's):
Total annual payments at current rates (600
companies)
.
.
mil. of dol
Number of shares, adjusted
millions
Dividend rate per share (weighted average)
(600 cos.)
.
dollars..
Banks (21 cos.)
do
Industrials (492 cos.)
do
Insurance (21 cos.)
do
Public utilities (30 cos.)
.do
Rails (36 cos.)
do
Dividend declarations (N. Y. Times):
Total
thous. of dol..
Industrials and miscellaneous
do
Railroads
do
Prices:
Average price of all listed shares (N. Y. S. E.)
Dec. 31, 1924-100..
Dow-Jones & Co., Inc. (65 stocks)
dol. per share__
Industrials (30 stocks)
do
Public utilities (15 stocks)
do
Rails (20 stocks)
. . . do
New York Times (50 stocks)
do
Industrials (25 stocks)
do
Railroads (25 stocks)
do
Standard and Poor's Corporation: §
Combined index (420 stocks)
1926 = 100...|
Industrials (350 stocks)
do
Capital goods (107 stocks)..
do
Consumer's goods (194 stocks)
do
Public utilities (40 stocks)
do
Rails (30 stocks)
do
Other issues:
Banks, N. Y. C. (19 stocks)
do......
Fire and marine insurance (18 stocks)
1926=100...
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Market value
thous. of dol..
Shares sold
thousands..
On New York Stock Exchange:
Market value
..thous. of dol..
Shares sold.
thousands. _
Exclusive of odd lot and stopped sales
(N. Y. Times)
thousands.
Shares listed, N. Y. S. E.:
Market value, all listed shares.....mil. of dol...
Number of shares listed
millions..
Yields:
Common stocks (200), Moody's
percent..
Banks (15 stocks)
.
do I
Industrials (125 stocks)
do I
Insurance (10 stocks)
do '
Public utilities (25 stocks)
.
do
Rails (25 stocks)
do
Preferred stocks. Standard and Poor's Corp.: §
Industrials, high-grade (20stocks), percent..
,690.37 1,694.82 1, 71-i <s. 1 711 12 ' ' 7 S f4
936. 43
936. 43
I.'M
3. 01
i. S3
I. !»:>
I. 57
256, 85.S
IS. 3 13
1.81
3. 01
1. 77
2. 44
1.96
1. 29
239,426
223.372
16, 055
1.81 '
3. 0.1
1.77 !
2.54 1
1.96 I
1. 29
1 S3
1
3 I
1
1
i 96 I
1 36 I
194,824
182,232 34"
12,592 ' 18 2^2
29* i 2
1 S3 1
73.3
84.8
104. 1
80. 0
75. 1
76. 1
87. 2
105. y
84. 2
80.1
24.4
lu-t )
81 8
fO 3
2i 9
50. 9
51.4
50.4
51.0 I
53.6 [
55.6
93. 2
84.0
84. 3
87. 4 j
90. 0 !
93. 9
71 3
in ;
111.01''
K, 0".'
560. 1^5
320,
32
S6O
15. 191
<•<) 9
M 7
116 5
89 6
8' 0
-7 0
320 913 ; 472,742
14.214
I.!, 7 91
39 nOS
i. U,.\
487, 116
20. 107
261,352
1«'. 82,
15, 573
7. C07
38,775
1,-; ,0
39, 992
1, 454
40, 706
1, 454
i?
5.6
4.7
5.6
4.8
S
5 9
A.
0. 2
t 2
f 5
6. 1
5.7
4.5
55 I
44
V>
22
2C
97
17
n
1
I
!
I
72
Vi
07
83
29 ,
26 I
oij
43 Vj
21 22 1
29
91
5. 26
5. 10
4 '• *
31 7
no 4^
>0
~ > ii
93 .
i' ~
2!
8J 4
80 (j
95 7
'18 0
si i
91 0
11s 7
A! 5
1"
4"* '
49
109
si
61 M 0 4
*0S,3U
41. £01
1 455
4.,' i
5. 7 1
4.1 j
6.0 !
4.3
5.7
5.9 i
6.2
4.87
4. 99
i 630,812
' L'01,Ss3
2 719 1
13, 2
r
l
5
40,1
1,4
s
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7
7
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t
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217
17
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24,006 ! ;j7,022 !
20.^9?
4
in
1^ '
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j
) 17
2< t
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u
40
1 L9
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27 4s
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1
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(31 313
1 2i
I ! f8
78 0
2" 7
2< 1
41,492 i 42.^74 j 11, S!
3
1,453
632, 398
6, 544 I
207,679 I
]
S7
2" 4 !
7.616 j 11,941 j 14, H4 |
5. 6
1
37 - 8""2
1
210
1-
"05 193 ! 763.4S1 I 596,806
1^,522 I 29,010 , 2\714
270.471
10.420 j i
1
1
58 4
56 7
42 50
' 4 40
2o '2 ! 1 1 46
22 22
22 18
2f ss' ! 2s , 3
2f
92 2
96 27
jf>4 4
~1 50
1)1
21 05
I
3,")O, 1 4 >
4
4
221 4'4 68 "71
54.6
^S 3
4
%
41.64
122. 23
22 42
28* 43
90.46
161.49
19.43
150 09
20 i s
SJ
1 6
53. 1
!
!
j
I
1
2
6 1 1 '>
55. 6
1 H
01
! ( >
2 1
1
94
1. ~
1 iv
39. 99
119.46
20,15
24.66
89. 17
159,61
18,, 72
to. 95
121 57
17 t>l
American Tel. & Tel. Co., total
n u m b e r . . 030. <
Foreign
do
j 5, 609
Pennsylvania Railroad Co., total
do
| 206.050
Foreign
.
do
; l, 581
U. S. Steel Corporation, total
do
j 164, 785
Foreign
do
|
2, 605
Shares held by brokers
percent of total. J
25. 30
ul
1 s,
Stockholders (Common Stock)
§ F o r m e r l y S t a n d a r d Statistics C o . , Inc.
1 Sf)
1
71J
1
1, ;
ilu
! ,, 1'U
i,f
1
^1 '
r
il,
l"i
i -
(
'.
} '
I,
! 1
4 94
f
. 97
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 ; ,u l4
1940 Supplement to the Survey
j '' '
1040
June
July
1941
January
vein- j DecemOctober Nober
bcr
Sep-
August
FOREIGN
February
March
80
88
94
93
102
107
101
108
138
94
68
146
101
147
101
69
Sli
SS
62
April
May
TRADE—Continued
I\I)E\I S
Es, .us
'1 < u i
\
l l ' i , IT n i ) 1 U \
V*2*
86
84
>-1
\ i Ui id|Us v d
S m u c h in 1 M , ir> id ..«.->k 1
I
S-19
SURVEY OF CURRENT BUSINESS
ust 1041
dc
I n t \ ilur
9
127
v '
6
12
s•
tu
( o
'1 DtU \ i l u e , u n i 'jii-.ua
\ d m a ini ' d
50
124
85
69
79
71
70
117 I
80
68
i
o
lo
t()
( $ '
l i t i p c r t s t o t c o i M I L)1 I(J T I u i j A i i ' i ' l d
OumtiU
" 2 i 2 - Ln
\ dliif
il >
T
ii r \ n u t
h>
A r m l l t i i ti p i o C i f t s q u i 1 t i f \
1 \ D ( rr
" ( u oi I )' ii t
« ii i d i u U i
i L i 2 ) = 100
\ liust C
d<
1 O1 I1 ( \ ( Hid iL COU Ji
I n 1(1,11 a 1
do
\ 'jps L 1
ii
I* ]){»i for f i i ' i i p t w n *
X n a j ' in]
d >
\«ln, U«'
do
S")
67
126
69 '
*1
118
68
58
133
80
60
111
<n
lis 1
102
is
60
2 3
23
is
2i>
29
38
!4
10
4T
56
23
] ^ i
li i
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120
70
58
130
11)
83
75
137
132
135
131
141
125
47
36
154
159
3.5, 355
303, 413
357, 233
385. 454
384, 636
28, 354
64, 092
S. 419
145,004
631
0
("I
127,623
70,813
38, 226
13,193
36, 681
5. 85S
10,505
4, 107
36, 925
71, 078
6, 621
110,409
1
0
0
103, 228
81.105
79, 011
42,071
13,770
42, 989
7 09*
13,177
4, 214
370, 185
16. 857
4, 380
18, 209
3, 963
14, Him
1,708
3,241
3, 979
67, 004
274. 054
28. 042
2. 732
63, 751.
287,550
376, 354
28, 047
4, 389
25, 323
8, 388
16, 935
3, 262
2.472
3, 923
55, 136
267, 248
30.511
3.391
59,(531
296, 930
J 120
I
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3, 120
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10,859
1, 944
2, 048
1. 530
69, 989
218,126
25, 379
6, 101
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6,97) 1
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2 0 ' 3 ) 7 , 2 1 ~ s ' s 2 l 4 , l O « , 19ti, 1 2 1 2 1 3 , 1 - ' * ,
i
\(
I
Hi
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II j
I Tl I 1 I
Noil.
\ i n < »u
298, 273
15, 234
3. 800
16, 010
2,841
13, 169
2, 098
2, 495
2, 103
56, 973
210,056
24. 028
4, 250
54. 426
233, 702
350, 446
19, 658
5, 862
16, 793
4, 262
12, 531
1,933
3,317
3,030
60, 644
254,206
29, 084
3,733
61,604
267, 784
I
M
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I MM
,
I
i IM e
M i \
Ollfl.
9_H |
s i ' d t ( ( !/
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1
y
220, 2 T
\ 2. 449
( 1, 886
0, 022
5, 507
29,188
5, 300
9,216
2, 955
i -.-I!
_o r > i
n.roi
20
19,954 j 35,121
64, 753
59, 498
11, 108
10,112
96, 336 113,233
375
1,329
0
0
95, 509
77, 269
09, 898
65, 233
68,616 I
64,419
37, 200
33, 010
11,745
9, 824
37, 028
29, 381
5, 223
6, 400
8,843 I 11,992
3, 249
4,463
, (X
'01 2 >
«n 2 0 o
02 S i
^3 S07
1 1
< i l
i i r , h1*
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22, 047
4, 876
'!,588
L6,772
1
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it
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2(
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td 1
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1 1 S 6 " I t j20
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72
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e
i
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i
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^
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i
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70 i l l
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31 2 7 5
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1h
!
J
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1
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s , 2^
24 < 2 4
22
7
45 H I j
3 9 <> 1
8S
21
20
50
i \
0, 203
91, 417
U), 391
20,119
493
i,s o
1 01 i
531
7<> i
1^3 I
25
_>
s 1 |
9, 742
10 (2V I 1} 610 |
1 ' 1 L • 1 (.19 , 36, 586
12 > ' 4 1 / U 3 10, 486
24, 474
1. v
| 1 ) 7s_
7,743
d M l
, 7 , , .
46,837
,13 >s-, i 4 s 0_ I
11, 186
6 902
11 t H
11,644
i) •»•<) 1 1 2 7 1 1 1
4 i*> '
( (S(» , A. 999
217,1"')
2 3 ^ 2 7 , 223' 595
1
1 "
|
< , >
' ()-(
' 'l
1 3 6(>-5
10 8 2 3
i < 0^3 |
20 i s 7 i
4 9 ) 1 8 0 1 1 3 I 4 s 1,01
o^ ^ s
1]() r t '
51) , l h 09
2 2 fL >
22 695
2 '^1 ,
" 1 -s )
10 ^26 ' 2 1 17(
?. U ,
M 4^> '
542
\r 5 i n I 4 0 o i , ' 4 4 ( s 3
_ '(9
i n
32 ifn
3 1 , >sJ
3 3 bl(»
30 , 2 4 '
!
14.075
115,240
10,869
23, 355
398
682
36
9, 576
49, 506
48, 192
38, 70(5
8. 365
56, 048
14,437
17, 167
8. 200
281.351
8,739 j 11,593
89,698 I 100,303
10, 488
8, 12'
20,100
17,941
672
635
295
717 I
20
39 I
9,443 i 12, 583
35, 428
38, 592
34, 287
37, 834
28, 072
33, 948
7, 516
8, 936
53, 825
51,246 i
11,732
32,624
15,383
13,295 I
9, 139
216, 623
07, 633
30,291
20,552
47,131
27,988
91, 805
31,211
22, 940
42. 208
28, 458
10,032
68
9, 961
8
106,
32,
26.
57,
30,
674
892
652
936
399
103,437
36, 621
33, 125
66. 377
35. 032
10,536
10,814
110,777
36,418
34,370
57, 862
35. 925
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
9,528
9,415
Operating revenue
thous. of doL
71
77
O peratmg income
do.. _ _
Local Transit Lines
7.8253
Fares, average, cash ratef
cents.. 7. 8144 7.8253
Passengers carried f
thousands.... M1, S16 752.776 j 724,390
55,935
i
53,574
Operating revenues
thous. of dol.
1
IK. \ i
the'
»•< u
1
1 )
1
1 0
1
i i n .
12,701
78
7.8253 ' 7.8199 r 7.8199 r 7. 80(51
| 7.8253
7.8253
7.8253 i 7.8253
7.8253
7.8253
! 72(5,151 ! 762,107 I 830,741 ! 801,646 i 860,704 837,903 777,294 864,644 ~- ' — 85(5, 239
62, 347
\ 54,097 | 58,452 j 60,542 | 58,489 | 62,623 I 59,579 I 56,220 61,192
9
61,427
i l . « { . i n n m g V u u i f JO.jfi M V p 4 5 o f th< J
W 0 Survc*. V i<^» n e e r - '
'' ' i ] i
)• t s h
< \ n - » s (i t o * I K S \ v 1 (
iii i noiitbi <\n\ . H ill
]
l ) 1 5 f ) I ' M I i< N o f a c r u u i t u r n i 1 iiT n ,rf w i l l b c M i o w n in 1 -ubsLcjmnl 1 ^i e
)
'("• ! i r , r i i "
1 io
9,632
10,055
10,624 I 10,542
69 !
87 I
82 i
67
i
1
fm
1
I
*
<
1
M
1
!
1
%'i
1
1 K
l "
<
M
,
" 7
m i , ! J I I ' I M
i i i
\ y n i
o i
,)i 11
;
\ p i
>!i i n n
1
1
f
0 1 1 . 1 1 1
> n i s
1
\
trri >d revised beginning January 1938; see table 13, p . 18 of
M<» short n in a s u b s e q u e n t issue.
i'<
1-101 is
n
u 1 ID \
ii(
I 111 , '» <-<(> I eh., 7,073; Mar., 5,917; Apr., 5,438; M a y , 6,824.
S-20
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
August 1941
1940
July
August
September
1941
I Novem- j Docem- ;i JanuOctober 1 ber
ber
ary
February
March
April
May
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION—Continued
Class I Steam Railways
Freight carloadicgs (Federal Reserve indexes)
r
Combined index, unadjusted... .1935 3l>-loo
Coal
1
<<< .
Coke
io
Forest products
do
Grains and grain products.
*u
Livestock
....
do
Merchandise, 1. c. 1
<lo
Ore
.
.
...
io
Miscellaneous
u<
Combined index, adjusted
. . . do
Coal.
do
Coke
do
Forest products
do
Grains and grain products
i( _ .
Livestock..
.
0«
Merchandise, 1. c. 1
do
Ore.
do
Miscellaneous
<k
Freight-car loadings (A. A. R.):^
Total cars
_~
thoi s v d*
Coal
.
d>
Coke
(io
Forest products
do
Grains and grain products
. no.
Livestock
.
<lc .
Merchandise, 1. c. 1
do
Ore....
- . - . . -1
Miscellaneous
do
Freight-car surplus, totait
do .
Box carsX
do
Coal cars I
ao
Financial operations:
Operating revenues, total
thouo f fiol
Freight
d(^_
Passenger..
dc .
0perating expenses
oo
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
pf nte
Passengers carried 1 mile
millions
Financial operations, adjusted:*
Operating revenues, total
mil of dol
Freight
a- .
Passenger
.
dc
Railway expenses
d<
Net railway operating income
do
Net income
d»
Waterway Traffic
Canals:
New York State
thous. of short tons..
Panama, total
thous. of long tons..
In U. S. vessels
do
St. Lawrence
thous. of short tons..
Sault Ste. Marie
_. d o . . . .
Welland
..do....
Rivers:
Allegheny
do
Mississippi (Government barges only),do
Monongahela
do
Ohio (Pittsburgh district)
do
Clearances, vessels in foreign trade:
Total, U. S. ports
thous. of net tons..
Foreign
.
do
United States
do
1,001
LI. 073
1. Si
Travel
Operations on scheduled airlines:
Miles flown
thous. of miles..
Express carried
pounds _.
Passengers carried
number..
Passenger-miles flown...
.thous. of miles..
Hotels:
Average sale per occupied room
dollars .. j
Rooms occupied
_ percent of total. J
Restaurant sales index
.
1929 = 100.. |
Foreign travel:
]
U. S. citizens, arrivals
number-.j
U, S. citizens, departures
do j
Emigrants
do j
Immigrants
.
.....
do {
Passports issued
....do.-..!
National Parks:
Visitors
Automobiles
Pullman Co.:
R e v e n u e passenger-miles
Passenger revenues
10. 537 j 11,668
1,352.181 1,462,121
308.644 363, 954
114.749 133,979
d o . , . ! "^ 'i
...do
I 17 '. !
j
thousands., j
t h o u s . of d o l . . ;
r
d
Revive!
Deficit.
^ D a t a f o r August a n d N o v e m b e r 1010, V i r c h r <. M " n
•N bi*_ ii ni i ° _ ' lpjif \r i,i tu>'i> ^ . p ifi. o f ' h c >opfember 1940 issue. T h e n e w series o n taxes a n d joint
*New s e r i e s Adjusted dat< > n n n a m i i\ o p e r i 4 i o i s of I nl
" i u r i " n l w i\ ^\pen v- i r i v i n in '1 e adju-V i t ' ^ i r e * of financial operations; earlier d a t a not s h o w n in
facility a n a e q u i p m e n t rente i<? show n to p i o \ I le u^riue- for M
bi i r ( ' >\ di 1 u ' ' Lr ' pe if in- cvpen-( >> .nd n e r xailu \\ operating income from operating r e v e n u e s .
the S e p t e m b e r 1940 a n d s u h s p n u e n t ls^ue-. of t h e s n r \ e v n1 i\ )
; v M I 1 1 ' in 21 22 oi 11 I i ^ u ^
fRcMM'fl M U I S
IT, ]( M s on •> 1't'." W b w M u n.n • l l d '
J F o r Tune 1911, d it * l e p n ^ ' i i t t h e d,\\\\ a \ e i i°c loi CJIO \\ . v inie 1 on tin > i t u i d a \ in n t ^ t t h e end of i n " . n o n l h . The .May d a t a represent t h e daily average for t h e
9-day period ended Ma> 31, I ' m
S-21
SURVEY OF CURRENT BUSINESS
\uai,-l I'.IH
1941
1940
Monthly statistics through December ISG9, to- 1 9 4 1
gether with explanatory notes and references
to the sources of the data, may be found in the j
1940 Supplement to the Survey
I lun(>
July
Au
•
^ u s t ! tember I (
Novem
ber
- DecemFebruMarch
January ary
ber
April
May
TRANSPORTATION AND COMMUNICATIONS—Continued
COMMUNICATIONS
Telephone carriers:
Oponuinc: revenues --.
..thous. of doi ;
Statioa revenue:.; . .
do
Tolls, message.
..
do . . '
Operating e<pi n<is _ __ do
;
Xft operating i.icwne
_ . ..do
j
Phones in sen i<v, iv 1 of month thousands '<
Telegraph and eal-'e c^irUrs:t
Operating re\emies, totait --- tlums. of dol .•
TeVgraph carriers. total
_
. do .
Western I'tiii n T e r ^ a p h Co.. revenues ;
fn>r: rabie operations
thuiis. of dol ,
Cable fjirrit-rs
.......
. . do
'
Operating expeii^est-~ . . . . . . do ._ i
Oper-ji'nir incomet
.- do Net incom.-'r . . . . . . _
. . do -- 1
Kfidiotcle:'i\iph carriers, operating revenues i
triune, of di:l .
106, 063
69, 741
27, 424
68, 995
18, 404
19,108
106, 593 107, 350
68,972
68, 749
28,636
29, 722
71, 850
70, 885
19, 204
20, 560
19,138 i 19,211
107, 852
70,117
28. 781
69,711
16, 174
19, 334
11,116
10,198
,0,773 ! 10,969
9,906 | 10,188
10, 848
9,882
no
544
118
343
106
933
547
114,761
73,979
31,471
75. 650
21, 988
19, 670
114,684
74,214
31,077
73,934
22, 998
19,833
111,219
72, 752
29, 250
70,648
22. 974
19, 966
116,883
74. 585
32, 975
73,403
24, 891
20,107
118. 132
75 598
33'. 238
75. 390
24', 502
20, 232
119. 933
75, 709
34, 783
77, 576
24, 049
20,366
11 442
10, 622
10 642
9,872
12, 557
11,654
11.182
10,294
10,667
9, 832
11,961
10, 982
12. 430
11. 473
12,850
11, 830
113
73,
31,
72
23
19
087
025
034
841
004
446
72
29
77
17
19
569
918
9, 621
759
466
433
543 j
781
867 I
9,873 ! 9, 783
443
204
* 293
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
451
835
9, 290
667
202
525
980
9, 884
1,303
896
510
957
10. 29 S
1. 359
879
514
1,020
10,691
1, 330
873
1,177
1,149
1,110
1 267
1 179
1, 348
1,290
1,253
1, 399
1, 318
1,354
13, 339
13, 192
1, 313
12,451
12.054
1,511
14,889
14.714
1,329
030
166
070
766
21.702
11.127
23,705
2, 735
26,218
11,330
22, 7*9
2. 449
29, 600
10.000
20, 526
3,012
1,083
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
'IIMI, denai.ir<d:
tMous. of v, me p>d |
do . j
ProMiution
Slocks end of month
\lci.hol, e*h\l.
I
Production
UKUH of proof gal J
Stocl -,. \\ iiehou^ed, end i < month
do
!
Wit l^lra,1. n »i<r di raiurii.g
do - '
Withdi iwn. uw pcUd
lo
j
Kxpor's, refined
I'rue, M'firxd, \\h"l(-alc ' .\\ Y
Production:
CIIKH' 'wood disHfed)
S.wilhetie
p
p
Sulphur production (quarterly):
Lonisima __
..
9,625 I
9,707 j
1,662
15, 566
15, 098
1,975
13, 544
13,158
1, 586
12,441
12,215
1, 360
10, 199
10,610
1, 468
10,558
10,556
1, 465
21,559 ! 23,350
18,480 i 13.471
24,218
25,552
2,045 I 2,357
23, 354
10,027
23,110
2, 959
23,762
9, 503
22, 05(5
2,128
24
11
19
1
22
12
19
1
162, 302 191,739
. 34
.34
267, 077
.34
14 283
.34
102 711
.34
94,467
.34
01, S3!
. 34
48, ,r>8()
.34
484
3,913
33,461
450
3, 420
36, OSO
435
3,171
33, 631
455
3, 673
35, 722
3. 098
31, 980
37,891
9,497
10,443
2,605
11,195
14, 157
11,510 I 13. 694
2,919
2,445
21,423
21, 799
17, 490
3, 380
22, 457
22, 393
19, 621
2,020
24,094
23, 645
20, 918
1, 424
53,341
.34
74,295
.34
228, 961
.34
198, 332
.34
'nis. of PHI
do .
l'"U^. (.fib
426
3. 426
32, 877
390
3. 852
33, 340
408
3,788
35, 036
366
3, 549
37,180
long fu'is.
1
149, 995
525,157
T"\.IS
Sulphuric ncid • fort ; h/cr mairnfaL Hirers;:
Consumed in production of ferfili/e
'Tt tons..
Price, v, holt sale, (Jo0, at v. orks
dJ
Production
sh. )it tons
Purchases.
Fr.>m fertih/* ir manuf'icturers
do
From others
dO
p
To f TtUi'/er manufactuurs
To oih( rs
.
Stocks, end oi month . .
do
d( .
di .
'J 2 2 !
10. V)\
463
4, 408
37, 740
468
4, 440
34, 444
137, 445
573, 421
224
963
434
742
138,880
547, 686
.I 103,675
- 567,698
137, 321
134, 050
153, 215
140,444
169, 878
179, 677
178,193
184,149
162, 306
177,376
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
16. 50
226,069
16. 50
234, 026
10. 50
218,840
16. 50
217, 063
18,013
36. 029
24, 133
32,517
30, 782
31,476
33,813
27,163
38. 361
25 j 518
33, 220
36,184
22, 941
32, 732
32, 570
38, 659
26, 343
25, 650
25, 309
33, 008
23.215
30, 922
39, 140
32, 714
34, 534
57, 344
90, 971
44, 063
55, 433
94, 628
45. 680
60, 923
91, 732
42. 582
59 393
103, 532
48, 635
65,817
105,557
43, 014
57, 475
110,939
36,377
74, 927
100,246
36, 116
81, 591
91,407
37,311
69,514
100, 338
39, 082
78, 095
98,151
53,429
07, 387
93,950
75,' 117
78, 756
122
90,061
15, 379
66, 619
372
99,002
83, 707
62,598
3, 386
10, 349
72
122. 837
21,021
86, 672
630
117, 250
109,618
82,342
9
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
105
116,416
15,891
88, 409
428
63, 852
56, 362
28,478
637
5, 625
182
136,581
16,486
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
1,365
762
90,255
94,316
10,674
11,031
74, 162
76,333
686
49S
95,474 152, 323
92. 203 134,290
84, 337
40,254
1, 086
' 353
14,110
1,430
1.390
74.715
10, 748
40,481
1, 5S0
120.330
100.737
89, 505
3, 551
1.S9]
258
81,971.
6,014
74, 082
317
99, 073
70, 030
42, 134
1, 194
1,512
1.450
27,054
1.450
39, 212
1.450
37, 998
1.450
51, 213
1.470
51,644
1. 470
36, 833
1.470
51, 502
1.470
24,477
1.470
13, 232
170,465
FEKTILIZ'EES
Consumption, Southern States
ihoiis. of short toiG
Kxporrs. total§ .
long tous..
Nitrouenous§ .„
do...
Phosphato materials^ . . _
...do
Prepared fertilizers
- .do
Imports, tofilcj „ „ _ . . . . . . . . . . (Jo . .
Nitrogenous, total
.. ..
. . ...do.. .
Nitiat" of sodsi .
. . . . . . do..
Phosphates _
do .
Potash§ _. .
. . . . . . . . ..lo _
Price, wholesale, nitrate of soda, 95 percent
(S. Y.)
...
.
Potash deliveries . . . . . . .
Superphosphate (bulk):
Production
_
Shipments to consumers .
Stocks, end of month
_A\O\.
per cwt
. . . .short tons.
_ . . do
do
do . . .
NAVAL S T O K E S
Rosin, gum:
Price', wholesale " I I " (Savannah), bulkt
dol. per 1001b..
Receipts, net, 3 ports
bbl. (5001b.)..
Stocks, 3 ports, end of month
do
Turpentine, gum, spirits of:
Price, wholesale (Savannah)
dol. per gal..
Receipts, net, 3 ports._. . . b b l . (50gal.)..
Stocks, 3 ports, end of month
do
1.470
46, 003
1.470
35, 536
1. 470
29, 802
327,169 323, 567 361,387 327,117 404, 467 398,341 425,118 408,192 384. 548 435, 675
98, 210
6J, 120 27, 584
45, 649
45,389 130, 823
55, 997 110,438 183, 560
43, 192
,201,715 1,244,655 1,285,408 1,264,881 1,202,767 1,074,842
945,712 1,010,047 1,091,183 1,135,17!'8 1
1.70 I 1.42
1.69
43,411
46, 132 48,389
529, 41G 519, 556 524, 212
.26
11,302
53,345
.28
11,490
55, 809
.27
12, 340
54,488
1.61
40,190
522,181
1.67
39, 820
528, 065
1.87
35,018
542,091
1.72
34,098
561, 241
1.73
17,906
560, 045
1.65
11,941
542, 446
.31
9,762
51, 053
.35
8,364
44, 961
.39
7, 793
44, 488
.38
6, 986
40,016
3,027
35,421
.39
2,158
33,906
397, 497 419,411
373, 810 165,359
777, 152 770,723
1.78
9, 996
19.337
523,594 505, 860
. 39
4, 682
23, 682
6. 358
25, 022
1.87
35. 035
190, 180
. 43
8, 198
27 318
OILS, FATS, AND BYPRODUCTS
Animal, including fish oils (quarterly):
Animal fats:
Consumption, factory
___thou.s. oflb.
Production
.
. . .do.. _
Stocks, end of quarter
.
do...
Greases:
Consumption, factory
.
do...
Production
...
do._.
Stocks, eud of quarter.....
.
do. _.
231,581 ... .
610, 030
633,821
I
89,978 I .
i
109,979 I .. . _ L _
122,330!
.._!
! 235,774
508,543 I.
I 557,921 I...
i 82,409 L . ... !
!
! 104,520!
;
I 121,217 !_....
269,361 !
672,886
600,347
| 98,639 j
I 126,451 I
! 134.002 1
i
!
!
\
j
.. J ..
I
; 291,452
I 617,500
\..\ 623,896
| 104,910
I 120,557
| 130,401
d
Deficit.
f Re vised 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 N o v e m ber 1940 Survey. Wholesale price of g u m 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 t h e April 1941 Survey.
S-22
SURVEY OF CUKRENT BUSINESS
Monthly statistics through December 1939, to- 1941 I
gether with explanatory notes and references j
to the sources of the data, may be found in the
•Tune I JUE.
1940 Supplement to the Survey
August 1941
1941
September
July
Decem- I JanuOctober i Novem-!
ber I ber i ary
Fcbru- I
March
ary
April ; May
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND BYPRODUCTS—Con. |
Animal, including fish oils (quarterly)—Con. j
Shortenings and compounds:
j
Production
thous. of lb__j
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. oflb..
Exports
.
thous. of lb.Imports, total§
do
Paint oilsdo
All other vegetable oils§
do
Production (quarterly)
.
mil. oflb..
Stocks, end of quarter:
Crude
_,
do
Refined....
_..
do
Copra:
j
Consumption, factory (quarterly).short tons. J
Imports
.
do j
Stocks, end of quarter
do
|
Coconut or copra oil:
i
Consumption, factory:
j
Crude (quarterly)
thous. of lb . j
Refined (quarterly)
do j
In oleomargarine
.
do \
Imports§
do
Production (quarterly):
Crude
do
Refined
.. do
j
Stocks, end of quarter:
j
Crude_do |
Refined
do |
Cottonseed:
|
Consumption (crush)...thous. of short tons..!
Receipts'at mills
do... |
Stocks at mills, end of month
do j
Cottonseed cake and meal:
I
Exports!
------- short.tons.. •
Production
do
Stocks at mills, end of month
do
Cottonseed oil, crude:
Production
thous. of 1 b . .
Stocks, end of month
do
Cottonseed oil, refined:
Consumption, factory (quarterly)
do.-...
In oleomargarine
do...-.
Price, wholesale, summer, yellow, prime
(N. Y.)
.
dol. per r e production
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 b u . .
Linseed cake and meal:
Exports^
do. - . |
Shipments from Minneapolis
_.do j
Linseed oil:
j
Consumption, factory (quarterly)
do 1
Price, wholesale (N. Y.)
dol. per lb._
Production (quarterly)
thous. o f l b . .
Shipments from Minneapolis
do
Stocks at factory, end of quarter
do
Oleomargarine:
Consumption (tax-paid withdrawals) % .do
Price, wholesale, standard, uncolored (Chi- I
cago)
dol. per lb__j
Production J
thous. of l b . .
Vegetable shortenings:
Price, wholesale, tierces (Chi.)
dol. per l b . .
287,998
52, 880
296, 179 ;.
48,144 I,
47,402
5,843
166,507
43, 958
42,816 L
174,462 L
756
8, 648
78,214
15,791
62, 424
558
10 °45
96^ 629
19.533
77,096 j
332,320 |
53, 700
51,818
91
13,383
9, 680
64, 460
57, 977
6,027
2,745 j
55,232 | 58,433
540 |.
7,290
54, 366
1, 300
53,066
i
146,156
58,492 j
1, 575
26, 729
20,57S ! 11,980 | 26,861
i 29,293 j
1,261
36,659
1, ISO
26,286 |
148,245
56,248
1, 142
21,684 j
1, 464
36,157
125 I
86 |
31 \
353 !
599 !
333 j
19, 566
79, 501
140 !
40 !
36,303 ! 155,320 ! 312.
57, 539 ! 95,884 | 130,
42, 4C1
52,541
19,396 '
66,131 I
14, 123
37, 352
23. 158
21,207
70, 4?;-;
309,589
8,275 |
123 |
519 |
53 |
310
230
130 |
7,307 |
1180 j
5,813
63 j
183 i
10 i
1,566 |
244 {
2,293 !
1,691
347 j
7,073 |
305
91
403
Ls5
51
269
54
201, 822
252, 947
6
165, 520
245, 634
31
256! 255
21
NO, 3*6
255, 028
147,702 | 122, 833
176,281 j 167, 195
102, 19(1
128,451
13,107
.
| 350,747
13,450 j 11,626 I 13,142
12,896
.059
168,517
458, 335
.064 j
.062 i
.071
179,925 i 145, 105 i 123, 772
484,764 | 507, 248 505, 219
205, 192 | 174,151 179,475
182, 533 j 176,626 j 176,425
.057
158,418
400, 259
i
1,093 |
1,482 j
I
56 !
18, 560 !
98,977 !
.092
.099 I
128,383 !_
14,450 j 14, 350
132,881 |-
1.021 I
22,700 !
159
29,440
407
251
5,410
517
674
1,778
537
2,042
61
220
118
476 |
1.59
629
34,900
101,652 L
.084 j
.083
135,389
14, 550 j 16, 600 I 16,600
282
32, 440
13, 250
I 115,135 I
10,083 |
",077
1.64 |
31,217
42, 920
100,837
.088
192, 185
10, 850
153, 820
168 i
11 I
275
1, 512
44,400
11,444
.086
.105
130,(592 i 97,773
475, 849
422. 443
1, 223
1,280
133 |
3,952 I
718
74
3, 020
|
139 !
2, 743 !
159
1
434 |
593
159
193 |
10s !
019 i
721
140
2, 299
416
381
10. 228
34
30, 760
!
.095
~14~350~
. |
I
414 !
4,739
.087
!
1,285
1
388
452
6, 232
1
1,926 |
10, 440 I
560
361
1,076 |
185
91
239, 375 248, 916
175, 700 215, 358
138
890
465
86,251
80,703
373
147
617
1,226
234
7, 363
6,943
7. 038
1.48
6,637 '
3,148
21,050
286,
153,
1,468
2s, 273
209. 940
15,550
' 328,495 I
704
42 |
38
248 I
1.87
MO,018
. 108
224,625
148,288
.060; : .056 !
.054
. 060 !
. 056 J
51,091 ; 45,862
34,262 ! 46, 171 j 134. 368
553, 395
493,658 I 412,564 j 348, 042 | 356,104
16 L I
1S5
l,hS5
140
138
714
1.3SL
41, 155
458
225
844
9,956 j 11,827 i 10,908
|
I
544
657
1, 276
644
766
1, 162
312,007 '
8,526 I
| 161.405
! 61.126
1,296 i 1,424
32,207 | 25,831
242,973
14, 123
26, 165 i
110,909 |
110,592 !
80,274 |
69, 423
20, 3 99
34, Sol
16,271
87, 883
73,938 !
700
1,407
1,040
11,246 ! 11,017
82. 135
59. 559
4, 536
5. 466
914
637
150,410 !
52,296 |1,528
1,280
40, 224
22,157
1, 664
34,412
209, 674
42
18
40
1, 096
1 2, 685
57. 672
4, 626
53, 046
1,059
37, 275
61.097
437
60, 660
51,320
1, 239
50,081
69,664 i
27,606 I 34,294 |
34,797 L
30, 584
73,038 |.
52. 409
225. 741
316, 196 i.
7,392 |
9,318
68,389
1,625
66,764 i
1,184 j
935
570
19,137
202,239 I
15,083
63 j
i
i
I
j
I
737 I.
452 L
87,781 !_
69,451 j.
23 !
15,846
157, 223
.1 199,458 I
J
j
.1 1,012 I.
11,695 i
74,854
10,839 !
64,015 !
713
684
70,217
17,454
46, 933
355, 698
46, 417
14, 950
4, 159
1.80
1.93
2
27, 800
1,201 |
30, 080
813
20, 240
. 107 i
. 108
| 106,78'
. 099
196, 281
18, 900
192, 850
21,000 ! 20,300
19,517 |
22,066
22, 498
25,719 !
29,489
30, 854
31, 118
33,835
27,869 |
34,328
30,579 I 20.853
25, 083
. 120 !
19,870 |
. 120
22, 021
.118
21, 664
.115
26, 542
.115 i
30, 160 I
.115
30, 002
.115
32, 457
.118
34,030
.120
28.103 I
.125
33, 880
. 130
32, 179
. 133
.095 j
.097
.111
301
43
342
233
60
202
376
f 266
4*3
289
513
541
245
752
493
296
50,029
35,160
15.240
19,914
14,809
| 56,055
! 40,636
j 16,337
24,299
I 15,419
.093
.090 I
.086
.094
.130
27, 693
PAINT SALES
Calcimines, plastic and cold-water paints:
202
140
193
247 i
202
213
208
150
182 I
Calcimines
thous. of dol.
40
47
35 |
44
43 I
49
50
Plastic paints
do
43 j
Cold-water paints:
262
199
183
181
158
146
207 ;
193
159
138
In dry form
- do
392
251
273
259
294
311
302
316 !
295
279
In paste form
do
Paint, varnish, lacquer, and fillers:
27, 326
30, 795
33, 408
36. 271
34, 056
34,991
32, 538 |
33,937 I 37, 748
Total
do-..
20, 472
24,609
24,278
24, 973
22,819
828
24,101 i 27, 347
24,013
Classified, total
do...
12,
206
10,619
12,
591
10,
785
9,
895
11,336
12,177 !
10,502
i
Industrial
do
12,403
14, 354
9, 686
11,483
052 ! 14,383
11,837
13. 599 ! 14, 753
Trade
do
8,799
10,
018
10,401
6,
854
443
|
9,779
7,
976
9,836
i
8,525 !
Unclassified
do
r
° Less than 500 bushels.
Revised.
'December 1 estimate.
-' July l estimate.
§Data revised for 1939; for exports, see table 14, p. 17, and or imports, tattle 15, p. is, of the April Purvey.
^Production and consumption of oleomargarine revised beginning July 1939 see note marked "X" on p. 40 of the April 1941 Survey.
38,
28.
13,
14,
10,
S-23
SURVEY OF CURRENT BUSINESS
X-jm.hly s-'Utisuos through Ur.'omber IR?9. io- I 1 9 4 1
j^ln/r .vUl; explanatory n-r.es ,•.': ">;>re::;ros j
tc th-.3 scurces of ike data, may be found iii tho ! 5 ;
10'iO Suppl'b'neiu tj the Survey
' '
1940
Sep- October jI No vein- DeeemAugust tember
bcr
ber
i
July
June
CHEMICALS AND ALLIED
CELLULOSE PLASTIC PRODUCTS
February
Alar eh I April
!
!
168
890
970
280
1, 093
1,113
247
1,096
1,136
207
1,061
1,131
183
1, 109
1, 068
185
1.167
1,112
230
1,132
1, 145
249
1,308
1, 233
217
1, 420
1, 267
215
1,372
1, 315
7
773
8
826
755
9
983
944
5
934
1,037
8
867
733
7
617
675
3
344
335
10
465
373
12
402
408
14
524
472
897
1,423
1,342
1, 709
1, 501
1, 926
1, 783
1, 606
1,410
435
1,' 317
1, 632
1,584
1,879
1,642
2, 232
1, 991
o
255
102
2,319
2,146
2,982
827
1,166
989
3.484
1,012
1,293
1,179
3,947
1.138
1. 358
11,451
41 I
4, 254
3, 006
1,147
888
1, 370
881
11,737 1, 238
2, 163
769
570
824
2, 2-19
888
533
828
2, 515
811
690
1, 014
3,105
801
1, 038
1, 266
3, 141
806
1, 255
1, 080
1^,05" I 12, "65 I 13,456
770
850
168
899
955
6
634
562
565
4.08
871
682
2, 707
734
1, 076
897
2, 284
do.
May
PRODUCTS—Continued
|
Nitrocellulose, sheets, rods, and tubes:
j
2-12
Consumption
thous, of Ib_. j
Production
do j 1,387
Shipmentscf
do
| ],475
Cellulose-acetate sheets, rods, and tubes:
|
IK
Consumption
thous. of Ib.. _ j
513
Production 11
do.
Shipmentsd
do..
Mould ing composition:
Production
do...
Shipments t-
1941
Jaim-
ROOFING
Asphalt prepared roofing, shipments:
Tot.a 1. -\ .
'.
thous. of squares..
Grit roll
do___
Shingle? (all types)...
do...
Smooth roll
_.. do -. _
3, 753
987
1, 564
1, 202
ELECTRIC POWER AND GAS
ELEC^Kir1 POWER
Production , total*
Ii l!
B\
Of k\v »
^< i i c e :
J Uil
\\ at r
r$\ Up* «
I ' m it( 1> ajid
12, 004
12,444
11,981
8, rlt]
u, 96S
F, 129
4' 2x7
7, 931
4,160
'[O
U , 1 i1
10, 949
11,22,
J, Lib
10 796
1,18
118
10, JO"
10 .>",7 | *vr<>7
0,T',n I 8,731
6
I
i l
ce
Ii ll 'jl
S \l ^s t-o n Himaie cv
i \nm l n ^ itu\U ,
Kes d. ' 1 t] )r jc 1 i
r It
Pui<li \ Ii,v m l iiV
C o i'lui i'• i t ' m d 1 i ( 1'
Sm il' \
1 ' t lir
Stnei <xv ( h 'h \
Other I u c tut ,
11
t
>
• f> T iu r j i ll()
13,641
12, 293
13, 095
12, S85
'13,6.16
9 057
i' 399
9 054
4, 587
8, 381
3, 912
8, 700
4, 388
8, 051
4,834
r 9, 363
^4,253
12,311
1, 330
11,027
1, 266
10, 801
2, 195
123
12, 061
1,034
11.575
1, 309
12, 105
1,337
10,895
2, 0G0
117
10, 809
1, 990
131
< lect
L I
dtilU
Oihci ;
I I . . >r,1, T<
i 1,489
do
( h
r
<
\7r»9 !
4 or '
i
130 !
!!<
d
u!
? i'
43<
.
C )
A
|
i
11, 382
2, 396
130
MO
2, 034
2,126
K.6
212
411
5,448
5,616
217 I
215
248 !
254
580
65
67
10,012
M.V0
[0
''3
r
ai it
N.,9^
I
10,0~2
IJonc v J f > a [ H o
• T,]
M'.IWI o ; r ^
- O 1
l,'»j- 1
2tO I
.7" j
222 '
412 '
l1
il
201, %
bib
1 -91 I
4,
(Ldu.< n J Irr *T
M a i ' u ' c t u " d s. iC u^t ii i , s , U / d
l;oi ustic
.
....
JI, 'isi lieatinn!
Induct
i"i 1 r a m ^r i
Pales t< ( V J C , iijjr° loi i
!
10, 895
>, ^79
1 7*9
>
)
'r1
h ru
1J,"O2
r
jL3
, 3 r )J
J
]
10,061 j
201,*!"4 1 L,0V>M i :>14,1C ! 219,913 j 228,1.59
217, 629
212,603
10,106
9, 350
2S2
465
"•0,1'9
9, 3^3
37, 950
17,312
9, 60S
30,791
SS,()iO
16, 997
10. o(;5
10, 7Cl
10,119
9,351
2^0
473
38. 025
16, SPfi
<», 453
11,457
35, 157
34,904
35,157
21,620 j 21,9S8
219S8
0,1 ?.O
6,10"
6.918
3", 166
2w2i7
6, 7M
6. 987
10,110 j
10, M'2
(
10,15f
10,115
9 Vis
3 !
25, U)5 I
14, "o7 i
r
' i
461
2V,«1
10,7(0
1,241
'
'
'
'
9,156
292 j
<*£ !
4^7 i
«il',t)><} I 33, o U
17 <0 I 1 5 , 6 L 5
2,^7
7,2.0
1
10,41*1
2 / , (i2'S
0,699 |
I'), 1
;,9 I
1,924
5, 750
179
248
553
2, 009
5, 456
185
251
519
63
l.'O,
4 1 ]7
t . 'i oil
9, H94
304
4IS
37.04.)
15. V. 2
10, ^
]L,0il0
34,489
20, 851
S tOl Ii
.
0 'M i
I'i h ' ' ' ' nd < /! fn ?(.! d
C ^ ^ t o ! OT ' , H ' . f H J
A in ft
' (
7,0
't i
1
In TJ , K II ]
i d ^
K( v' u r , rt 'in - k< r,
T1
l
1
7?*, -( <
(C W ("
ell
,!-.,
0.1
do
2S2U)
j { jvi
11,74')
!
!
j l«0,''sj
?
.(»(i
l
7,194
7, 1..S
'M4
) i
Uf),3-J
3 4 f ' ±7
S i , !(»«'
\ '
.f,45S |
1,1,w 1
i 4Ju
,700 |
j( 7 {)
>>,7 7 I
|
I
(U, " ? i
147.071
49515
95, 510 i
41, h i s J 51,838 |
J . ' >!77 ' 3 0 . 9 7 5 |
I8.d7i
l'0.5fe;'
7,170 I
591
151,963 ]
295
47^
35, X i;
\\). '2\u
6, ( > I
11, s:-7
32, li.-)]
«| 11 I
NTnrui il J J^
(V.MO'I'P
1.027
5, 821
160 j
241
;
7.11 3
r, 2i»!
l."7, O i l I l <0, -3i)
I I ! , J^M
7,1.-2
r
Tv\ Q73
95, 21-1
56,911 I M . W
9^, U0
56,464
34,8S5
21,321
e
.7, 356 !
,';•», osfi ;
21,920 !
50, j : , 2
:;3,907
21.:HH)
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
i
Fernit'Tit.'d malt liquors:
j
5, 129
4, 434
rro-hu'tion . _
..thous. of bbl | 6,055
5. 597
5, 851
3, 396
3, 606
4, 001
3,915
3, 863
5 074
3, 600
5 839
4, 522
3, 7-s'O
/) 3fi0
Tux-pnul withdrawals .. _ .
do ___j 5,61s
5,320
5 393
3, 200
4, 300
4, 194
3 765
3, 777
5, S.".G
3, 18")
Htl
do
j 9,000
8,
642
8,
255
8 834
8,
314
7,483
I
7,
840
7, 325
7,001
9, 019
9,324
776
7, 787
s'
|
Distillc! spirits:
15,475
14, 725
10, 658
7, 581
14 728
Produftioii.
Hums, of tax gal.
15, 712
1*2.407
16, 701
21, 487
16,015
15,131
6, 742
8,458
8,011
9
10,862
7, 634
11,494
8, 958
Tax-paid Yv ithdrawals.
.
. . d><
8, 176
13* 173
6. 043
6, 974
4, 850
9,2S7
1, 535
879
1,052
Imports..
tliou.s. of proofv ',\\\\
770
1, 386
f>76
i, S24
702
504
630
1, 240
551,421 525, 395 523, 596 521, 601 519, 017 518JG38 j 518,' 358 522,699 530,859 536,917 541, 932 546, 764 549, 788
Sio^l's .
.tiious y. t*t f^ai
Whisky
8,187
5, 200
12, 602
Production
... do _
12 027
10,303 i 11,761
12,255
13, 532 I 12, 658
6, 762
3, 252
Tax-jia'M withdraw a's .
8, 331
5, 475
617
5,019
6, 144
8,982 i 10,529
5, S34
6, 354
6, 637
7,331
Imports . - . -!,:-70
589
41?
930
chou-- nfpr',of «••: I.
589
413
'601
930 1,096
1,096 1,270 I
510
568
812 I
991 I 1,448
99
Stocks . _.
. . . . thous olHx'J" 1 ; 501,077 I 4S0, J38 1 479,189 477,484 I 476,980 I 476,298 | 475,611 j 479,102 | 486,133 I 491,301 | 495,735 | 499,854 ! 502,847
cflncludes consumption in repot-;me: conjpisiiV j)lants. TTOxrludes consumption in reporting company plants. T Kevised.
tRevi ;t'd si ne^ TNlanuf'iftun-d and natural'tras re\ i^ed boaihiiing January 1929; earlier data will appear in a subsequent issue. Revised electric-power sales and
revenue from viles Derinm.ie 1947 will beTshown
m a subsequi>nt issue.
• Monthly 'Inf. for 1920-3j (nrresp'} v' l r i j r rto avcnipt-s shown on p . 97 of the 1940 Supplement, appear in table 28, pp. 17 and 18 of the December 1940 Survey; revised
data for :u! months of 1940 are J i o u n ( " p. 41 v the June 19 U »Surve>.
S-24
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1 0 4 1
gether with explanatory notes and references '~—
to the sources of the data, may be found in the i -r n , r i
1940 Supplement to the Survey
j '
August 1941
1JMO
June
July
1041
temtTer I
No vein- December
; ber
October
January
February
March j April
May
FOODSTUFFS AND TOBACCO— Continued
ALCOHOLIC BEVERAGES—Continued
i
Kectifled spirits and wines, production, total j
thous. of proof gal J
5,372
Whisky
d o . . . I 4,3Indicated consumption for beverage purposes:
All spirits
.
thous, of proof g-d. j
!
Whisky
.
do
Still wines:
Production
. . t h o u s . of wine gal
Tax-paid withdrawals.—
do
j
Imports
.
do
; _. _
Stocks
.....do
i
Sparkling wines:
i
Production
do
<
Tax-paid w i t h d r a w a l s . . . . . . . .
do
j
Imports
do
i
Stocks.
___.
do
|_._._
DAIRY PRODUCTS
5,2^9
6,114
4. 1S2
10.350 !
y.oco i
M
\ 7.JU
'02
3, «; /J
93,
100, 10
0,435
130
132, 148
18
6(39
IS
6S0
4, 563
3, 755
16, 856
15,231
12,293 I
10,894 !
| 105, 647 ! 35. 602
10. 147
jI 8, 781 ! 10, 273
10 213
1
216
957
| 170, 183 ! 172, 258 j 163, 774
50 '
52 S
32 I
34
83
34
101
G60
14,,
13,!
6, 749
5,856
54
84
54
843
j
j
!
i
73 I
125 j
36 j
5SU
j
Butter:
Consumption, apparent!
thous f i b
Price, wholesale, 92-score (N. ^ ) d >1 \ - '
Production, creamery (factory) t t i n o D
Receipts, 5 markets
d
Stocks, cold storage, creamery, on 1 c f n
h
t n o i ^ cf lb
Cheese:
'
(
Consumption, apparentf-.. ..>
Tmports§
---1 '
Price, wholesale, No. 1 Amer. ( \ \ )
\
!
1
I 1!> '
Production, total (factory)f
th > i
1
American whole milkf
Receipts, 5 markets
Stocks, cold storage, end of month
<• >
American whole milk
xo
Condensed and evaporated milk
Exports:§
I
Condensed (sweetened)
1 >
Evaporated (unsweetened)..
lo
Prices, wholesale (N. Y.):
'
Condensed (sweetened)
lol p*. r ° '
Evaporated (unsweetened)...
Production, case goods:f
I
Condensed (sweetened)
tt
M j
Evaporated (unsweetened)..,
)
Stocks, manufacturers', case ^ K ^ e i 1 o(
month"
Condensed (,\\ eoTo-n^d^
_thou of Ih
Fluid milk
Consumption in oleomargarine
_
do
|
PiK'P, doilorV, ^tamUrd J? ide dol ne 160lb ,
Production o r i n r e i p o l i s «iT.U M VVA) ^ ^ i
BO-MOP
FA port«
. . . Production . .
.
..
Stocks, m f r \ , end of month
4, 134
3, 300
5,164
4, 199
8, 056
7, 068
'. 116 j
-.108 |
,345
), 547
10, 909
9, 209
13.500
11,632
.667]
863
',828
141
143,
1, 723
8, 008
134
135, 410
1,365
7, 124
158
128, 204
82
102
45
492
140
39
151
52
107
156 038
50 I
6 I
63
34
7
539
39 ;
io !
512
35 i
551
I
U
'
-
"'
s
n
' <
1M *i
in (
1
wl i"
f s
l h
j 0 "<1
1 *J
Pi
1 n
1 2 9*9
-»
*) >
c-
10 1
41
J
104
1
,2
110 100
( 2
14
176,784
.36
215, 570
74,366
1 }
r
»
i>
(i
-ti
1
)i
1
1
> v
i 1 »
Q i *
12
1
i
s
(
1
f
|
0 |
\
I
J)
1 t
I
7 ^
1
I
s
56, 792
84, 044
2,114
^ 1
11
thous of (j
Crre t t c Xew York . . . . . . . . .
POVUIPTP<1 milk:
I 196
5, 368
, 983
.21
99, 700
76, 665
16. 139
-119,718
>-102,S69
2"> I 8,292
7i
19,366
A
5.00
3.43
00
tO
>
h 11
9 111 I 9 i-H ] 10,258
li>7 J4» - J 7 21 I 2 S 0x1 353,761
1
t 1s
s 017
!•*' i
176 i 21 | I%.or3
1 ' '<
22 >
2 24 I
'
. . .
;. 380 i
1.833 |
120
, 724
i.Cl
Receints:
,111
,533
J.1 17/
do .
\
- . i.1
10,327
173,838
6,016 | 5,101
6 ?_"
~ J) \
J 3, j
'I
10 M " i ^ 2is
I
2 0 . 2 " " i 20, ' I * .
Ul,~<>: ' 12 \ 1 7 -
7,228
126, 160
1
11
II
L"j
H 972
2 1 . V'S
44, 477
49, 501
21, 353
127,288
22, 480
132, 704
,
thoa^ oMb
._ do
,
.Ao ...t
FIU T ITS A N D V E G E T A B L E S
!
Applet*
j
Production (crop estimate)\\_ thorn, of V
Shipments, carlot
.
no o f t . i h n d b ,
Stocks, cold storage, end of month
i
thous nfbu
Citrusfiuits.carlot shipments
no. of i lrlo .<:?Onio is, crirl<-t shiprneiils
- . . .
di
Potatoes, white"
!
Prifp *vb< le^ile (X Y )
dol. per \"0 lb i
Production (crop estimate) - 1 h ^ i« of bu | '
Shi[)m^nts. catlot
_ no o f e . i l ^ i ^ i
GRAINS AND GRUN PRODI <"!S
!
Export?, pr.ncipil c n i n s , irnl. fv ur JIT! PI 'K '
tllOUS. f i »U
Barley:
j
Exports, including malt§
lo .
Prices, wholesale (Minneapolis):
No. 2, malting
dol p • h i
No. 3. straight
lo
Production (crop estimate)
thous o ' M
Receipts, principal markets.
do
Stocks, commercial, end of mo
<^> \
Corn:
i
Exports, including meal§
do
Grindings
do
Prices, wholesale:
No. 3, yellow (Chicago)!
. . . d o l i cr f u
No. 3, white (Chicago)
'^
Weighted average, 5 markets, all erra-ir*
i
dol. per bu _ J
_
>i l i ,
.57,211
J <
1 or
25
31 17'
10,112
''!»
-1'1 <
20""
i )
' '»'.
^'>r ' '>
l't . if>
[1
In;
I i
j . . "0
2,720
2, 718
2,316
19. 869
2. 762
'! ' .
ro
7
»i7 >"'
7^s
* '
1 M'
6 ] <
" 12
-it,!
b
2 ^0
i
1!
H) .
,(
10-5
3
t.2
. 66
. 66
.63
.63
.58 !
1.631
2,277
37, 282 ' 49,212
36,036 j r 36, 676
C° (-1 1 I 17 07 I 10,529 I 5,999
1 ) «.MI ' i s -,n } 16,937
1,."V. i
1,703 j
920
!
j
1. '1
1.48b 1.590
i,2i'«
H
.71
1 770 i 1. 11"
2" 770 ' 32 17")
.!*, T l i 35,927
7^6
1, 2si i
1.700
o7h j 25. 7«i2
18,442
4,211
5, 291
162
123
263
.50
.51
.51
.51
. 55
.58
.54
6.357
6, 510
6,561
5, 442
5,157
9,598
4, 726
558
7, 219
n
. 59
1,218
r
40
8,811
r
9,549
22,655
r
1,016
9,194
. 00
.66 i
.70
.69
.72
.78
.58
.62 !
.67
.69
l
2
3
•"Revised
December 1 estimntp.
July 1 estimate.
Xo ruiot' t i - - n .
^Production in "commercial areas"; not comparable with earlier estimates of t )tal c
or "commercial" crop. Some quantities unharvested on account of market conditionsare included.
{For monthly data beginning 1913, corresponding to monthly n verages ?howr n p.
of the 1910 Supplement, see table 20, p. 18, of the April 1940 Survey.
tD'ita for 1939 revised. For revised figures for prndiMion of'c »n IHISOI •MK! ev
milk, ^ e note marked "f", p. 42 of the January 1941 Survey; revised 1939 data for
butter a n i ehee^ 0 production and consumption, superseding fi'rures -;bo:,vn ; n the .
y Ml Survev, will h>.> published later.
§Data for 1939 revised; for exports, see table 14,' p. 17, and for imports, table 15 p. 18, of the April 1941 Survey.
S-25
K'YEY OF CURRENT BUSINESS
\
i-.ith'.V .
f
3»<< . t > -
.. . t '
1940
it i l
n •
1
•'"'"' "'
:
July I August I t e ^ g ; r
.-I.,/
1941
January
DecemOctober November
ber
February
March
16, 433
9, 050
70, 278
13,862
7, 091
70,142
18,628
9, 280
71, 290
53
70
.38
April May
FOODSTUFFS AND TOBACCO—Continued
^H IAD GKA^N P»:om £ r
C o r n —Continued.
P r o d u c V j i tcr m t^ nn u e )
IL >
ui t ipK, Dnncif xi i ir1 1>
bi, p n u n t s p i u ^ i p u m t '
St.) . s fcmrneicul H ' i •! i.
Oats
exports, melinini • ) ,ti u ilN
'"' ic \ v hi 1 s ile, i.\( >, \i it i i
ao .
co
I 1 , ^14
1 l'n
23 i l l
14, 3^9
2.1,419
pt t
_.
I'iicc, wh lua* , h^ic* <i< U(N T I\
', Ob
Oi1, ls
Pii«.e,
i<
P'n
atio i
-U)C
10
ij I
74
87
2, '
. t\ I IL
1
190,209
52, 240
247,498
18, 406
245, 881
21,221
347,580
23, 675
358,185
16, 228
305, 908
8, 421
423. 116
7,933
377, 894
7, 282
440,030
17,970
382, 981
23,168
0o9
.039
.040
.038
.033
.034
.035
2 52, 754
.039
.040
.042
.048
.049
2,896 I
2, 379
1, 519
J, 287
1, 558
1,413 | 1,371
2, 067
:;, 746
3S
283
970
9r;4
748
1, 019
t
J
1,017
1
100. 879
.38
1
.44
171
1,131
837
3, 307
2,C>75 I
721
370, 3:0
4,012
211, 149
81,855
22(5, 943
429,129
380, 200
431,886
378, 074
37S. 179
(3)
.50
1,520
8, 520
9,112
1, 467
8,112
1,078
7, 658
.50
40, 601
713
6, 040
4, 431
1, 293
4, 061)
'519
2, 206
301
.90
. b2
.92
. 85
hi
2,050
5:58, 282
395,017
400, 577
'3)
'.50
.58
609
6,223
5,462
"yoT | ""3,"282
4, 95 L I 5,486
1,864
46
2, 484
6
5, 209
I
220, 504
3,044
2, 976
9
! 0
L 0
. wU
."I
76
. 7.N
17.0>5
1 r \ 'JS i
181
2 "2, 3« 1 37'., r,i3
409, 364
lC'J,l r 0
LS'J, 523
17f, 390
AM,
.83
,S5
2 816, 69S
2 227, 517
2 5b9, 151
9, 6o2
l!,6, 5^7
M< i n
10,0°."
9,022
40o
» II
. 97
.90
.94
H9, 5.V> I 42b, 235
l.i", 119 I 139,51.';
7* ( 7">
V\\ 755
8 r)'l
7< S
40 SbO
9 Ofl
39 07
0 i
4, 572
1,414
1, 246
n,"(\{'> I 17, i n
s.oso
I
\ > V M t 11 'It
3, 70S
i, < m
S7 '
.90 I
440. 293 Ii", 153
725, 12S
1( X 776 101W
105, It.7
106, 303
2b3, 8e>2 i
», i )
,,J'l)
3,1)61
4 [7, 277 468, 937
213,216 209,425
' 41
3,680
1, 876
i'i( s
415
1, ISO
:-;70, 624
l-20, 523 167, 270
173,4M. I 400,797 | 491,976
^
9,037
>
4, 567
4,077
246,135
22, 711
J
( O
Mi
( ( II '
T »
3, 050
4, 745
294, 6°,2
13,357
15
1
3, 543
5,664
.37
M, 117,419
4,539
3, 854
4,473
4,571
4, 238
7,093
i
(
131
.37
.39
7,075
9,135
r
u i i i (
V\ 1 i 1
1 , h r ii1
P r ) lii^M J i
i T o J , i
i " 'J
\
it
l
\
it i v
t
^IllP"l^^lt^ D J 1 '
I1 '
t( K
r <1 of f 1 1 )
C l ' t U
'
' M V »
NO
138
.39
13,287
8, 395
\ h e r , i In,
H Ii • it or tv
M)
274
4,327
2,769
Lot 416
(
.38
U,235,628
5, 337
4,031
6, 592
6,688
24,846
22,133
60,959
j
u» , c > (
i
ior>
a
*;
•>, v. ) '
59
17,403
14,012
65, 463
3, PU
H
1
69
^2,449,200
20,710
10, 433
70,067
.34
J1 )S
kiK
21, 608
12, 190
65,489
.31
r i , - . * , ,n, if»s
II' I
37, 609
18, 6G0
59,314
.30
-
vIM U S , 11
28, 892
12,617
41,179
.32
(lil
< I
P r v l u c . i n (cropi* t i • r i )
t
.
i'>
^ n i t ' i u ! n . f > s fl 1 I
1
i i i ir
i ' C i ^ . r i u ' l ,
t i '
UK w
M
>l)
i h i p m < ^ tr m 7 i n i i ! ' e
1
v*
i i f, il«i I •
- * v s , «i r i t
' l
' i
'
19,231
12,385
28,119
.35
I
"loducMon (cioi) t - 4 r tt ^
t> i of . \ i
K c i] t s r rn j; il PI i ] < K
o _
^ t o a ), (i u Jiirr il, Mid o i i« ITJ
<io
22, 464
15, 126
25, 354
40, 000
( 72
1 r
pj
t T2
01
-•* i n
i t ,
V' 1 t (
dl. *
i i< i . r .
in !
4 '2
4 16
4 hfi
til 1
Op if
»li 1
)^ 0
>o 0
0 2 S
9 Ah
(o9 -iOb 60) 72^
> 11 9 L
it
r
<>
>
I
(
S
1 I <) ro
7'it> M i l
\{j 1 Jt
67 > I I
5, 700
r
1,863
1, 604
lt 600
I, 313
977
892
976
624
290
964
623
266
828
475
220
923
544
251
, CJ
> 2 > > I
j 42
) 100
4 i">
1
i!
^ 1 i])iin
1
i, i 1 1 < f T
* lilt r
K '<
p 1
rs t1
1, 162 ;
1,737
< S!
.94
Jb
991 j
723
307
1,033 [
1,083 !
603 !
2, 427
1, 110
1.324
bO8
1,593
0 f)0
10. 44 j 11.00
11.50
M)
i 11.02
11.3311.47
9 o() '
9. 85 i 10. 4J 11.53
1
'>, t 0
2, 259 ! 2, 177 2,302 I
12.09
10.1)7
12,06
12. Ill
10. 50
11.85
12.61
10.58
11.90
13.08 !
11.94 j
I1. 27
12. 55
12. 50
10. SI
12. 40
11. 28
3,113 i
3 ; 595 !
3,787 I
3,039 I 2.513
2, 641*
1 927
718
3>
1,598 I
619 I
33 |
1,692 !
60! !
36 I
2,371 j
730 I
42 I
2,682
905 I
47 i
2,823 I 2, 14S
960 I 8Ki
40 I
53
LS17
48
1,941
700
48
5 01
5.99 !
6.23 I
6.59 |
6.41 !
6.24
7.60
7.53
7 6
9.2 !
9.2 I
9.9 I
9.8 I
9.9
12.8
12. 4
i
bu
1,785
2,175 I
P39
m
401
ccri>)l, 11 r- 17 rf t h e Anril 1941 S u r v e y .
1,497 |
677 |
37 I
I
j
!
10
955
637
302
1,013
024
2S2
67
10. 23
11. 07
11. 34
31
11. 31
2, 561
1,981
623
54
1,974
5S7
j
6.42 j
10.3 ;
7.69
13.0
8.97
.12.9 I
12.4
S-26
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1 9 1 1
gether with explanatory notes and references j
to the sources of the data, may be found in the
June
1940 Supplement to the Survey
1941
1041
July
Jans
i October
| "°™n-j
*™- j ™ - \ March | April ! May
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK—Cont nuc d
Sheep and lambs:
Receipts, principal markets.thou of a im i1
Disposition:
Local slaughter
_ do
Shipments, total
_ no
Stocker and feeder
dj
Prices wholesale (Chicago):
Ewes
dol p^r 109 lb
Lambs
a<
1 r 20
>flb
i m |
1, 1 2
4 0
j
l l o
1 2_~
r, ^
10 23
-0 |
]
1. »
9~4
4 0
0 Ot
1,1'
1
f
j
1
j
1 1 )
!
1 1st
1 2 1
( 1
1
I f
l
I
r
! 3
1
4
I
<*
1
1,
1/
r
n
-
9
r
r ""5
1
n
,
•
-
| I1
il o
42
n
)
i
( 2
J >
! -
i
I
(
0
1"
10
0°s
J
r
(K
t c
21}
r
70
o i
i
T B O P I C A L P R O D I CTS
Cocoa:
Imports§
' n^ tor*
Price, spot, Accra (N. Y.)
dol D I 'b
Coffee:
Clearances from Brazil, total, tl i\ s of b
To UniWa States
^
Imports into United Rtates|.
JO
Price, wholesale, Rio No. 7 (N Y }
doi \f lb
Visible supply:
United States
thous of b° "
Sugar:
Raw sugar:
Cuban stocks, end of month
thous. oi £ p r x ^r t >LS
United States:
Meltings, 8 ports .
l->r?t us
Price, wholesale, 96° cent^ fug 1 ( N ^ >
iojf i t 11
Receipts: From Hawaii and P " r c 1 o
Vjn to s
Imports, totaH§-__
_
o
From C ubat
vo
From Philippine Island t
t1
Stocks at refineries, end o' n i nth df
Refined sugar (United States
Exports
do
Price, retail, gran. (X. Y.) .
do1 p< r lb
Price, wholesale, gran. (N. Y )
do
I
Receipts:
j
From Hawaii and Puerto ~RK Ion0" tons.
Imports, totalt
do J
From Cubat
<
F r o m P h i l i p p i n e Islands"!
Tea, imports
I
9 i-±
MEATS
Total meats:
Consumption, apparent
mil o lb
Exports?}.
do
Production (inspected slaugh+ )
< o
Stocks, cold storage, end of mon*b
i
Miscellaneous meats
d
Beef and veal:
Consumption, apparent
thou< oHr
Exports^
do
Price, wholesale, beef, fresh, nsti\e s t a r
(Chicago)
d
d
pt
U
Production (inspected slaught r)f 1l 01 ^ it 1(D
Stocks, beef, cold storage, end o i TO < o
Lamb and mutton:
Consumption, apparent
< o
Production (inspected slaught^-^
d>
Stocks, cold storage, end of month
do
Pork (including lard):
Consumption, apparent
do
Exports, total
__
do
Lard
dr
Prices, wholesale:
Hams, smoked (Chicago)..
del per lb
Lard, in tierces:
Prime, contract (N. Y.)-do
10
Refincd (Chicago)
1
Production (inspected slaughtoi)
o >
Lardt
d
Stocks, cold storage, end of month
<o
Fresh and cured
do
Lardf
P O U L T R Y AND F O G S
Poultry:
Receipts, 5 markets
l i e u of lb
Stocks, cold storage, end of im * tb
<.
Eggs:
Receipts, 5 markets
.
thou*-. Af c °> i
Stocks, cold storase, end of m r Hi
Shell
1
- th s- of c IMS
Frozen
Vm of ib
0 j
pi
Ji >
•
1
i
UP I
' M
1
0 1
i o o
1
1 ((5
4"
0 1
5
0 S
1 /
1 M^S
C
1
1 4 \
y
1 11
1. " •
1 4 S
21
2 421
2 4
r {-"•
442 2^4
1J
1 9
0 ~
) 4
4~3
>,(,
ill
fil
4(0
0)
0 0
011 ,
: o i
38 i
Oi
01 i
1 Mil
(27
1 S"
) o
01J
f
00
I
21 44^
47 If 1
41
^
Mil
i
21
do
I
t ov-. o f l o
9,
(2
"01
G 1°7
H
20 P 2
s 1 s
> IS
4 2^4
7 73
0 1
2(4
Hi
r
Revised.
t R e v i s e d series; revisions begir n g Trti t 1 r '
'V
yrrr nt^M
% M o n t h l y figures beginning l c H -)r r °^ ) T M • t 1 < nr r t h l
r
n
(
t i n accordance w
i t h new d e i i i n r n s ffT c+ 1
i
)
T
fit
pork fat." The tw o are here con biiK d to l n \ f f IT MC IV)
r bic \ th t
§Data for exports and import i\ M ! f r 19 °, ^L t b3c 1 ' , M I , ^ I t
r
\ i i. i p 1 1
1 r I i )r
i
r
nailed "f '
t hi
! c s^
i u j
h , cf t h ° A
tf
i s Ui
' ^ ^
r t
i r r,n
no
t both production and stoc
t
rtcd a "laid" and "renckr
)0
S~27
S U E , V E T (,i
August 1941
Monthly statistics throiirh D° ti^l^r ' i
gether with explanatory m tes a n i r . O M
co the sources of the data i\ b^ "'•» ] a u
1940 Supplement to tne bur e,,
1941
Ui,j
Janu- I February
ary
\ \ . \
March
April
May
18, 467
15,512
37, 224
277, 998
47, 033
204, 808
54, 580
71, 458
49, S05
35, 757
41, 435
1. 686
1,513
5, 935
1,850
2. 545
5,240
1. 847
2, 205
4,882
2. 028
2, 055
4, 856
14 030
5,927
22, 699
6, 526
f (5
MISCELLANEOl S I«OO1 1 timn
C '- S
Candy, sales by manufacturu^ tboas f f 1 )1
Fish:"
Landings, fresh fish. prin. ports..tho *s of 1L
Salmon, canned, shipments .
cv
Stocks, cold storage, 15th of month
thoi s of 1!
Gelatin, ed'blo:
Monthly report for 7 companies:
Production
do
Shipments
(o
Stocks
Quarterly report for 11 companies:
Production
Stocks
Leaf-
i
12 s^f
'
1
' "'
f 0
i \ 8?
»> 40i
21, i l l
ic» 07o I 20,411
~2 a/)
22 ( °7
11
" i *.
<*'/
1 JI
1 < 22
!
21 ^
J70
1 307
'
(iO
4 3 ) l ! , 7^
29. 189
jf(
1 f "• >
1 ( I
5, 192
1, sor
d
Hi
6. 977
7. S04
TOBACCO
Exports, inch scrap and st('-ms§ .thous. of lb.|
Imports, incl. scrap and stems§
. _..do
I
Production (crop estimate)
mil, of 'b_.j
Stocks, dealers and manufacturers, total, end !
of quarter
mil. of lb__j
Domestic:
j
Cigar leaf
do....j
Fire-cured and dark air-cured.
..do j
Flue-cured and liuht air-cured
do j
Miscellaneous domestic
do J
Foreign grown:
j
Cicar leaf
do !
Citrarette tobacco
do !
Manufactured products:
Consumption (ia\-paid withdrawals^:
Small cicarettes
millions.. |
L a ^ e cit'irs - - Ihourands ,
Manufactured tobacco and snuff
thous. of !r»__
Exports, cicarettes^.v _ __
thousands, j
Prices, wholesale ih t price, destination):
Cigarette", composite price. dol. per I,000_.
Cisiars, composite price
do
Production, manufactured tobaccoTotal
_ ..
thous. of ib_.
Fine cut chewing
do
Plug
do
Scran chewing
do ._
Smoking
do
Twist
do..-.
20, 965
6, 425
15.533 i \i,:<(0 I
7,780!
7.329,
7.044 i 11,526
0,239 i 6,734
031
11,836! 18,947
5,365 7,091
i 1. 376
:. 123
14, 844
6, 268
14, 930
4,898
19, 404
7,087
3, 56R
3, 43
396
378
227
2, 290
3
202
i, 789
2
"i ^:
(Q
100
435, 029
15.913
400, c23
GC 1.312 j 406,070
5.513 I
15, 8 JO ' H 890 i 16 418
4S7, Oil • 175,725 | 583, 508
14.347 | 13,815
16,287
507,349 349,780 i 403,166
14,465
385, 349
15, 529
430, 326
15.854
490,585
17,858
475,067
729
2\ 8 W
639,10 1 , 2b5.106 j 533, 455
28. 500 | 24, 758
472, 923 597^ 390
28. 958
626,129
25. 202
584, 281
28, 253
685j 139
29,127
685, 513
29, 232
926, 183
5. 700
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
' 31.133 ' 25,704
|
44-' \
' 421
i 4. 195
! 4, 00Q
I 21.950
17, 642
442
22, 941
380
3, 081
3,190
15, 227
456
25.153
426
3, 882
3, 636
16, 752
457
22, 630
24. 766
389
4, 065
3, 385
16,458
468
26, 246
402
4. 406
3. 745
17, 209
483
25, 462
427
4,288
3, 524
16, 847
376
5.760
5. TOO ,
k 050 ', 46.050 i
24.167 i 26,8S7 |
367
432
4,1 [5
4,."521
3,187
3,9
.,9-5
10,082 i 17,4
, 460
489
5. 7»'O
46. 0u6
25,933 | 20, V0
4^ j
31 ^
J, 145
4, 225
3, 525
3, 807
10. 9-19
17, 7t>2
497
4C 056
3 748
14, 719
461
FUELS AND BYPRODUCTS
COAL
Anthracite:
E xports
thous . of long ton3._
Prices, composite, chestnut:
Retail
..
dol. per short ton__
do . . .
Wholesale .
Production
thous. of short tons..
Stocks, end of m o n t h :
In producers' storage yards..
do
I n selected retail dealers' yai
n u m b e r of 11> ' c ui ply
Bituminous:
Exports
thou5- cf 1 ng tcr^
I n d u s t r i a l consumption, total
thous (f llOit t 1 c
QO
Beehive coke ovens
< O
B yproduct coke ovens
( V
C e m e n t mills
Coal-gas retorts
C
Electric power utilities
do
Railways (class V
t
Steel a n d rolling mills.
Hit
Other industrial
Other consumption:
Vessels (bunker) . . .
thou* of Ion to
Coal mine fuel
thous of ho t to
Prices:
Retail, composite^..
. . d o l . pe si oi f t
Wholesale:
0
M i n e run, composite
Prepared sizes, composite.
Production:}:...
thous. o f - n o n i' r
Stocks, industrial a n d retail d
m o n t h , total
thous ([ n o i t t ^ n
d<
Industrial, total
(lc
B y p r o d u c t coke ovens
()
Cement mills
(l<
Coal-gas r e t o r t s . . .
d)
Electric power utilities
i i
Railways (class I)
o
Steel a n d rolling mills
do
Other industrial
1 )
Retail dealers, total
222
221
167
Ml
153
146
159
180
97
309
9 462
408
9. 558
775
| 41
9 636
4 050
V 48
9. 769
4, 234
11
9. 775
3, 809
1 1.59
9 793
4 699
11.67
9 823
4,977
11. 66
9. 826
4, 432
11.06
9.. ••05
4, 395
11. 67
9. 799
3,198
11 .64
9, 779
3, 858
500
0"^
1 if l
1 279
3, 112
1, 112
939
704
531
331
197
169
40
10
9
57
45
33
26
23
43
53
0 "
518
454
488
658
528
1, 511
32 637
730
6 999
507
171
4 737
8 072
975
10, 440
33,588
31,161
789
6, 445
370
139
4, 446
7, 666
966
30,340
34, (V41
29, 023
' 3 1 , 199
7. 061
407
152
4, 782
8, 176
1, 043
11.150
80
296
'98
315
78
298
363
11. 57
9. 807
4, 886
04
9 333
492
329
1 9 8
2i
9S
1
1
8°
25 ^ 7
6
<
1
1 H
s s o
••70
C
4,
f,
7
7,
1
f )
2)i
i
S ;
< .0
0
[
i
4 '31
y
UM
«(
oso
7 '
0
1
\ 1
> 1
"
2"i
j
1
4
-i
il i
-j
5 )
10
7 4
7
<)
5
v
1
> ^
S
1
^
i
r
^>
7
q
rv"-*
s
!
I
)
1
^7
2\ ,
"
1
s
7
I
1
7
i
f
136
4,164
7, OCX)
124
X80
9, 730
77
545
80
43
r
134
4 . 916
7 7 "5
837
9, 240
r
946
r
124
307
8.87
8.88
8. 86
.85
4.389
4.615
41, 695
4. }. SO
4.' ">15
4S, .'50
4. 398
4. 533
5, 975
4. 547
4.618
43, 400
r
51
50 998
42 978
i 0 184
436
284
11, 336
5. 921
827
13,990
8, 020
48,702
42, 102
9,' 887
408
258
11, 119
6. 235
935
13, 260
6, 600
48, 518
42, 518
9, 890
440
247
10, 944
7,236
1,041
12, 740
6, 000
50,*"90
45 "90
35. 971
31, 891
4, 970
3
6
9
)
150
"29
'00
8.87
[1
) 1
"•I
1 1
i
4
8,
1.
10,
4. 390
4. 616
44, 070
0
i
((
o, 871
596
3. 87
f(f
1
!
850
:70
4 393
4 018
41, 400
j
6 )
" M
148
0, 404
489
<•
7;
3)3
(1 )
40 012
"M
) j
817
4 )
f 0
1 >
t 1
)
)\
S )
"
1
0)0
7
••Revised.
J D a t a for 193S revised. See i
5o u ° \ m i 1in r
^^ t
^ C o m p o s i t e price for 37 cities i I I i m S M U b I n 1 ' i^c > ' " o f n s i i \ o
§ D a t a for exports a n d i m p o r t t v i d for 19)9, ^cc table 14 p 17, a m t^ble lo, i l f c ,
->
il
4
I1 ^ )
7 s. °
°0
/
>
19
•>/3
f >
If»
J
>
6 ( S
i
i
i
( u
)j
C 1
(\
t
"10
)i 1
f,
I
7 ^ •>
i
1 9
4 1 ~' T
6 ! !V
7 '
1 >
c
-vl
6
1
4 in
0
1,
32
f
)
i0
s
2f
4 ^
1 3
so
7
{
4Q
e,
(i_ f
i
f
(
so
2" 0"9
i. {»
1^4
4J
1
i4
1
J
1
~ 0
2
-n i (_ t h c t m I M I December.
ibfti\elj, of the April 1941 survey.
V,
N54
>02
M7
1 1 , ? 530
8," 'SI
1, '276
13,, ".SO
5, 00
J u l y 1 estimate',!.
390
188
9.014
5, 058
721
10,950
4, 080
r
37, 483
583
'Z483
r 162
8 , 991
6,
737
11. 350
4, 900
r
r
SURVEY OF CURRENT BUSINESS
S-28
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
Augu.-i 10-11
1941
19-10
June
July
| August |
I
Sei
m
{^T
1
! Octob' "
!
FUELS AND BYPRODUCTS—Continued
COKE
I
Exports
thous. of long tons..j
Price, beehive, Connellsville (furnace)
I
dol. pur short ton_.j
Production:
j
Beehive
thous. of short tons..
Byproduct
do
Petroleum coke
do
Stocks, end of month:
Byproduct plants, total
-do
At furnace plants
do 1
At merchant plants...
do 1
Petroleum coke..
do..
b. 4 7 5 I
90 |
79
76 :
4.475 I
4.475
4.475!
363
4, 627 | 4, 840
119 i
131
r WO !
231
4,8::
U^7 !
149
4,619
121
4,682
123
1,42S
849
578
I.X13
2 02~ 1
697
1 915
846
1 069
678
108, 237
3, 658
. 960
111, 690
84
107, 902
3,771
. 960
113, 244
80
108, 756
107, 756 I109,394
4, 150 j
4, 059 i 3.910 I
. 960
.960 '
. 900
110,523
109,337 I 113,418 |
81}
S9 !
81
78, 443
77, 550
36, ]S2
219, 796
47, 959
171. 837
1,860
76, 373
36, 493
220. 234
47, 950
172, 284
1.788
877
r o;45
2 058
776
1 2gi
617
S07 |
1 219 !
647 i
2,029
740
L 290
' 5S1
1 >T
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._
Refmery operations
pet. of capacity..
Stocks, end of month:
California:
Heavy crude and fuel.
thous. of bbl_.
Light crude
do I
East of California, totalJ
do I
Refineries;
do
Tank farms and pipe linesj
do
Wells completedt number.
Refined petroleum products:
Gas and fuel oils:
Consumption:
Electric power pianist
thous. of bbL.
Railways (class I)
do
Vessels (bunker)
do
Price, fuel oil (Pennsylvania)*.dol. per gal..
Production:
Residual fuel oil?
thous. of bbL.
Gas 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 bbl._
Exportst
do.._.
Prices, gasoline:
Wholesale, tank wagon (N. Y.)t
dol. per gal..
Wholesale, refining (Okla.)
do
Retail, service stations, 50 cities*
do
Production, total?
thous. of bbL.
Bonzol?
do
Straight run gasoline?
do
Cracked gasoline?
do
Natural gasoline?
„
do
Natural gasoline blended?
do
Retail distribution
mil. of gal.
Stocks, gasoline, end of month:
Finished gasoline, total
thous. of bbL. I
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 (Penn- j
sylvania)
dol. pergaL_|
Production..
thous. of bbL J
Stocks, refinery, end of month
do
Asphalt:
Imports?
short tons..
Production
do
I
Stocks, refinery, end of month
do
j
Wax:
171, 473
2, 021
1,023
4, 090
2 926
*! 039
1. 427
4, 334
2, 293
. 040
74,124
So. 422
220, 896
44, 774
176,122
1, 850
26, 451
14, 957
25, 504
14, 735
27,914
14, 381
20, 339
26. 412
21, 909
30,134
24. 042
33, 964
25, 015
37,166
26, 539
37, 709
53, 865
'1,484
55, 346
1,873
52, 297
1,84-4
53,807
r
r
239
401
600
271
.130
.048
.126
51,879
279
22, 420
24, 496
4, 684
2. 864
2, 168
86, 270
59, 70S
7, 000
82, 025
54,414
7,584
3, 952
299
4, 257
213
. 051
5, 785
6, S10
.050
5, 797
8,191
2,146
„2G3
24!
4,
2,
2,
52,
52,
1..
'
•'Jl ]t
49, (
. 122
. 045
.122
52,907 i 50
290 j
21, 602
25, 968
5, 047
4. 269
2. 191
1oJ
1.7 f>
75, 915
49, 040
7, 038
73,338
47,162
6, 569
7^ 110
46 i '
4,114
196
5, 173
173
5, 608
120
0 7os
.049
5, 629
9, 476
.049
6, 062
10, 254
.049
6, 496
1,000
1,871 ' 2,024
2,150
2, 443
2, 44'.
.118
3,024
8,573
.094
2. 682
8, 596
.090
2, 954
8, 464
° 02'
S, *,>
527. 300
681, 000
21,028 I 1,447 I 39,993
9,761
606. 600 638,000 i 604,700 608,400
oo
623, 000 588,000 I 490,000 469, 000
52* 00 »
39, 760
110,346
37, 520
113, 978
.143
3, 212
8, 161
260
77,134
50. 056
7, 702
.103
2, 635
8,457
33, 320
112, 359
39, 760
110, 028
43,120
l l 3, 827
- 1 2
1 n
( I-
*!oio
14, 439
.127
. 048
.125
51, 325
- I 1
1,677 i
4,847 I i
2 724 '
U, 154
!
Production
thous. of 1b i
Stocks, refinery, end of month
do
j
1, 507
4, 293
2. 661
'. 040
1,237
4, 166
3,009
. 039
25 409
.123
75. 392
35, 460
220, 197
44. 778
175,419
1, 555
"5 M l
(., I1 '
rv
'.431
10,473
.in
> r.' o
4 ' (I'U( 21
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins§..-.thous. of lb__
Calf and kip skms§
do
Cattle hides
do...
Goatskins^ . . . .
do
Sheep and lamb skins§
_do |
28, 521
i6. 401
5, 576
3, 919
28, 863
10S
14,305
5,295
5, 199
123
1, 152
20, 6^5
6,06)
3, 786
2S. Ill
1,25!
16, r o
3, 661
5,438
29
1
18
4
627
38, 410
9(»9
922
379
2, 904
004
5, )6S
5,SSJ
«•>•>
42, 5t2
1, is"
21 ^2"
5.3"
41, ?*
.
2"J4
Monthly statistics through December 1939, to- | 1941
gether with explanatory notes and references 1
to the sources of the data, may be found in the June
1940 Supplement to the Survey
S-29
f/t S I X E S S
S U R V E Y OK ( . K i l l :
August 1941
1941
June
enher
July
J MI-
Febru- I March |
May
April
I.EATIIEII AM)
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. p e r l b . .
Calfskins, packers', 8 to 15 lb
do
LEATHEE
Exports:
Sole leather§
thous. of lb...
Upper leather§
thous. of sq. ft..
Production:
Calf and kip
thous. of skins _
Cattle hides
thous. of hides...
Goat and kid
thous. of skins. _
Sheep and lambt
do..
Prices, wholesale:
Sole, oak, scoured backs (Boston)
dol. per I b . .
Chrome, calf, B grade, black, composite
do!, per sq. ft_.
Stocks of cattle hides and leather, end of mo,:
Total
thous. of equiv. hides..
In process and
finished
do
Raw
do
LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total
dozen pairs..
Dress and semidress
do
Work .....
do
Boots, shoes, and slippers:
Exports§.
thous. of pairs..
Prices, wholesale, factory:
|
Men's black calf blucher
dol per pair J
Men's black calf oxford, corded tip do
Women's colored, elk blucher
. . do
Production, boots, shoes, and slippers:f
Total
_tho'is. o pairs
Athletic
..
__<io _
All fabric*(satin, canvas, e(c )
. do
Part fabric and part leather
. . . do ..
High and low cut, leather, total... do _
Boys'and youths'
. . . do . .
Infants'.
_rio . . .
Misses'and children's
d^» . . .
Men's
do
Women's
_
. . . . do
Slippers and moccasins for housewear
thous. of pTirs
All other footwear
.
. do .
I
3. ;•,: o
1,378
437
738
3,886 !
1,378 |
457
822
3, 219 !
1,448 !
432
842
3, 045
1. 489
412
812
3, 168 I
1,473 !
.105 |
. 187 |
.114
.188
2,701 ]
2.03i
M >> I
I. " 1
i.
2^80 |
2,b7* I
'i 0
'!, It 1
3 iQ
. 325
.102 !
. 153 I
. 123 I
.160 !
507
968
4,483
1,734
!
I
!
I
I
. 140 i
.203
462 !
884 j
, 419 !
1,462 i I
437
411
858
891
4, 517
6,063
1,416 j 1,625
1, 625
. 146
.218
.133
.213
.133
.216
2 77b
2 7'
2 054
2 i"2
1 ,"
V1
1 VI
3 u 0
0)
108,674
71,298
CO
3 2 . f 71
l.''v !
2. ! 5 i
()
105
6. 00
4. 2L
3. 30
3, <s0
. * 53
())
(0
0)
0)
0)
168
206
6.00 ;
4 25 '
3.30 I
3. 21 \
129
225
.137
. 240
.147
.245
799
781
14
14
3, 871
4, 321
* 1,102
2, 208
T
3, 677
* 4, 077
3, 76)1
4, 632
1,278
3,416
9
1,014
2 120
064
3,797
155
417
.355
.355
.480
. 480
151
r 8. 958
4 itW
204,313
118,020 ! 127,698
76, 615
146,597
89, 103
6.00
4. 25
3. 30
6. 0.)
4.2"
31,012
320
101
219
241
6 00
4. '25
3. 30
6. 00
t. 25
3. 30
6. co
38, 2^8
324
-193
1.6!5
32. M'.S
42,663
Ml
15:',
1. I'M'
169 I
3"!
3-;)
28, i,-s
1,39!
1.7)0 .
3. 137
i,
>0
-Ill
1. }: -1
•"'
1,80', !
S, 7 ^ s
I'l, _D
1
3, 909
* 10.251
n ! 1:1
10,'065 ; 13] 922
i, l l f
124
216
9, 370
4, 286
170
6.P.) i
4 25 ]
3.30 I
3. 30
9.6 2 !
iO.«H7
1.5. 7 2 .
501
908
4. 023
1, 551
. 4 M
0)
()
0)
0)
l
C On
4 25
3.30
1.22
3. 807
1,436
1 2 " 10
129
3,0
6' 5
2M)
v 9<:
444
766
3.901
1,408
.300
12 " ^
S, ^ 7 "
!9 '
3 >20
I
112 '
I
. -! 5
179,972
{) >x
i
384
717
3 725
1,391
6 :M
4, 0i7 I
1. i?:.
0, 1 S I
1 > i3
:.o2i
507
792
1,033
2, 264
r
. 375
.3C>7
.503
13,001
r
8, 6)77
4, 324
12, 896
8, 594
4, 302
243, 889
265, 277
158, 650
100,627
(I. 00
1. 27
3. 30
6). 15
1 35
3. 30
• 42,841
116
5^2
1 57
r 5I.3
3. 30
1. 153
MHO
" 35.012
1. 555
2. 166
r
3,973
2
9. 999 , : i;i, D ;<• •' 11. I1 is
15, 704 1 ' 17, M"1. • 17.019
r
' 3 5, L»« 3
r
r
3. M 7
! I. 325
15,268
3. 7t'O
1,019
2,313
2 (" ' ' 3
.-9n
60. 921
7 755
50,968
2 MI
35, 284
83, 861
65 828
916
39 838
79 734
53, 308
4, 391
40, 168
95, 057
305
327
2 06)8
2,3 9 i
2 568
381
2 187
2 512
387
2 125
0 406
1 374
2, 609
r
LUMBER AND
LUMBER—ALL TYPES
Exports, total sawmill products} . M bd. ft
Sawed timber§
. . . . . do
Boards, planks, scantlings. etc.§ . . . do
Imports, total sawmill product s. . . . . . do _.
National Lumber Mfrs. Assn.rt
Production, total
.mil. bd. ft
Hardwoods
. ._
do
Softwoods.
. <\o ._
Shipments, total
*
do . . j
Hardwoods
do __.
Sofi;woods
. . _. do
Stocks, gross, end of month, total
. do ._
Hardwoods
...
do . .
Softwoods..
do . .
91,ISP
11. 892
62, 509
60. 725
98, 296
11. 155
68. 2*>2
61,704
10-, 0 "9
IJ.VMJ
S', 099
05, 714
2, i l
300
2.211
2. • 7<'
i'o
2. 2' f
6, lM
!,3";
5,(90
6-9.' 356
71, 3"i '
72.862 i
10. 3.2 I
56 499 ,
74 975 ;
2, M '
353
2,6:: !
427
SO,9^0
! ~1-202
(.2. 3 19
2. 227
357
1,S O
2,?'}*360
1,n'iS
2_ 1^0
;o'
t'
'.'^ '2,
\,0^7
42 HO
67 504
2 177
325
1 853
2 232
J(
2. <u7 i
•
!
2,O l ) 2
1 6.." "L.
1, 1 7
7. i 1 ; j
I. '"5,3 -,
1.7/"'
5, M 0 ]
0'>5
D.
.( r
l! \"
5 l|_'9
-
1
0
1
4
2<
35<)
36)9
873
329
421
908
2,023
6.333
)'.380
4,953
372
2, 238
2, 610
405
5,031
2, 205
6. 462
1,312
5,120
s 075
11 175
s 175
s {'~>
200
9, 300
11, 175
9, 000
9, 500
17, 750
1
I
1
M bd. ft.
. do
do
.
do _J
do . . !
I
. . . do . . I
do . . . |
.do . . . |
do.
do..
j
8.700 ]
1J. J50
7, 5n0
S. 400
it,. 000
9,900
11. fif'O
9,200
9.600
15, s;,o
7 1 sis
I- 91>>
.'1 0-3
57, c 79
47, r.71 '
6s, 76"*)
5 i,938
52. "21
51, :26
37,025
9 ."«;.r)
'is. o:ii»
32.170
9. ! o 0
2 3 , OK;
10.3fo
ll.ro
\ 7"o
10.125
16,07"
7.000 1 9,350
8, 9(H) ; 9.375
7, 150
6, 150
8. 750
7.-100 '
K 40(!
17
53. lvi
79 5ID
4', t>->
33. 357
52, 5]2
3S. 01")
43,127
70,i)27
49, 5,\7
65, >^>t)
4l! ( '."^ '
4 1,4!2
65,317
16. 11^
2). 'V7S
10. K 0
la. hliS
3S.0H
Ii\771
27 213
21 5<0
21 058
2 1 ."•)()
2 1 ."• (
2*'» 460
2<i 05b
3 3 °..O
r.; 3 : 9
SOFTWOODS
Douglas fir:
Exports, total sawmill products}._.M bd. ft
Sawed timber}
do ...I
Boards, [)lanks, scantlings, etc.§
do
Prices, wholesale:
Dimension, No. 1, common*
1
dol per M bd. ft '
Flooring, " B " and better. V. (J , 1 \ 1 V. L.*
dol. per M l-d ft '
r Rovi^od.
1 I ; i a not u i'!
* \ e \ v series.
T h c - e p r i c e s i v p l ' cc^<*ri<^
' o.\ n n . m
§ I ) a : a l o r 1(>;«) K H M !
M H u i i f i ! \, i 7 ( n t ! u <
\\.i,]
r
1
\l{i\'^o<]
d a t n ( , r 1 " 3 9 " n d I . m u . i r N •>rn I ' V . n u - ' x 1!)
2
I n c l u d e s a s m a l l n u m b e r of p o i i s ui s l i c e s o t h e r t h a n
7'». ^ r "
i«!907
t6. 1.9
1
FLOORING
Maple, beech, and birch:
Orders, new . .
Orders, unfilled, end of month
Production
Shipments
Stocks, end of month
...
Oak:
Orders, new
Orders, unfilled, end of month
Production
Shipments
Stocks, end of month
3D. 33 i
1 (1- «.f0
(, 5 "(3
10.725
10.SO0
8, 175
9, 350
16,600
<!,;>
'IVMC
17
.
! 0
I 11.
: 7,
I 7 1
I 16,:
ro
I, , (
s 075
10 »"0
s 1 .0
7 27"
lfl U>J
25
1.
•r "'5
t is!
io' 1 H)
7 100
t On 1
v)
v) \2
i *
M 2" 1
3n f 6 ,
<S^
30,752
S 390
2 2 . 3')2
21 M 0
3* 300
K.iN"
5. i.i7
Hi, 128
L" 970
{•
2«o
it
<7
D >h
( 1 1
50 >
2 7 . S'if12,020
15,27b i
25 670
M , -.>.
0
s o?5
I1
60")
(t
0 )(>
7 ()50
1\ ^"n)
_
MM)
V)
• 10
' 0
\\ V.
V
4", 9sl
"4 'is5
}s ( )d
3^ f-77
71
1"
21317
(>. 5 5 5
17,792
21. 9'»0
3;,
j.,o
) S
71 ovt
'27
(i 12s
70
54, 442
78, 173
46, 761
50, 358
65,533
12.6"!
!,:)i'5
M,2sf,
17.517
. s'.M
12,02!
13, 135
:5, "63
9,872
"S
2 )
j(l
)O ( I ,
(
2',7
21.9 H) I 24.990
3"». 2so
!
35. 280
j U i f i i u - '--^ i j ' j - 1 1 ' u t \'' K' 16, p . 17 of u i " M a \ 1911 S u r v e y .
3-30
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references j
to the sources of the data, may be found in the j v ,
1940 Supplement to the Survey
Augi
1940
June
July
September
i August
1941
October Xovemi
her
Fehru- j March
!
May
LUMBER AND MANUFACTURES—Continued
SOFTWOODS—Continued
|
Southern Pine:
j
Exports, total sawmill products.__M bd. f t . . .
Sawed timber
do
j
Boards, planks, scantlings, etc
do
890
Orders, newt
mil. bd. ft_.
824
Orders, unfilled, end of month
do
Price, wholesale, flooring..dol. per M . bd. ft.. 40.143
Productiont
'.
mil. bd. ft_.
Shipmentsf
do
Stocks, end of month
. . . .do
Western Pine:
Orders, newt
do
Orders, unfilled, end of monthf
do
Price, wholesale, Ponderosa pine, 1x8, No. 2,
common (f. o. b. mills).-dol. per M. bd. ft..
Productionf
.
.
mil. bd. ft..Shi p ments t
do
Stocks, end of month
____do..-_
West Coast Woods:
Orders, newt
do
Orders, unfilled, end of month
do
Production f
do
Shipments?
do
Stocks, end of month
.
do
Redwood, California:
Orders, new
M bd. ft...
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 I
Prices, wholesale:
!
Beds, wooden
1926= 100._ |
Dining-room chairs, set of 6
doKitchen cabinets
do.
Living-room davenports
. do..
Steel furniture (see Iron and Steel Section).
070
28. 209
4 341
23 808
b
799
023
350
440
805
40
41 536
602
625
597
709
1.996 | 1,912
421
300 I
33. 3i
014
543
Ov i
24 092
28. 01
570
469
1, 9G2
22,224 j 10,964
989
2, 368
9, 975
19, 856
905
949
603
600
46.010
48. 676
739
827
872
952
1,556
1,681
653
412
629
28.17
618
537
2, 043
29.71
519
539
2,051
829
623
690
702
892
741
647
041
710
865
495 |
326 |
28. 49 |
425 |
1,861
15,990
948
15, 042
91.8
570
43.045
720
818
1,814
li
742
510
579
027
900
920
43.570
04,709
40, 148
37, 595
29,500
27,408
29. 293
28,010
292, 640
27
KOfi
3 5 Qf^Q
32, 836
35, 545
31,533
29, 024
25." 901
32! 173
28,477
30,156
29.305 I 31,290
289,079 I 283,907
286, 622
63.0
4.0
02
78. 0
20
4.0
14
25
62.0
12
32
57. 0
15
92. 9
103.9
93. 3
93. 3
77 9
102". 3
88. 1
87.2
77 9
10:>! 3
88. 1
87.2
3.0
3. 0
24
38
64. 0
18
77.9
102.3
88.1
87.2
j 4-
77^
l*x
(<
1, " 7 I
! <)
44] I
546
486
31.73 j
544
592
1,99'
n 04
4 4
W4
917
> 1
or-
i)
31
1 s
I
681
659 I
090 I
860
47,
42,
36,
38,
1
8 >
"3 1°1
674
855
059
245
L
' I
° 7t L
il J-o
2.0 1 s
282, 098
71. 0
82.0
>
"4
10 Of
7f3
I
005
3*3 |
G.i-4
t HI
'\ 4
74.0
4.0
28
43
69.0
21
3.0
29
46
75.0
74. 0
•" 0 i
20 i
77.9
77. 9
102.3
88. 1
87.2
102.3
88. 1
87.2
102 i '
88 i i
102. 3
88. 1
87.2
0. 0
21
40
8.0
0 ,H
30
- 0 I
1™
-- \
**7 2 '
*7 J I
*7 2
METALS AND MANUFACTURES
I
IRON AND STEEL
Foreign trade:
Exports (domestic), total
long tons
Scrap. ..
do--.
Imports, total
do--.
Scrap
do_..
Price, wholesale, iron and steel, composite
dol. per long ton. _
936,047 1,034,938 11,402,075 1,221,052 ll, 10n,510 788 176 805,
318,369 327, 129 355.991 255,608 I 258,926 | 74,349 j 69,9^0
2, 508
3, 542
2,105
3,960
5, 50.:
1,0
242 I
152
56
16
1
37.92
37. 69
:io
45,05"
123
17
r^ I
5^- 2.
1 :M t 1
i".o l 5 iui
38. 07
3- _7
Ore
Iron ore:
Lake Superior district:
Consumption by furnaces
thous. of long tons..
0,231
(),731
Shipments from upper lake ports
.do
20,030
Stocks, end of month, total
do
919
At furnaces
do
l\i
On Lake Erie docks
do
2,710
Imports, total
do _-Manganese ore, imports (manganese content) §
thous. cf long tons_-
5,213
9. 487
23, 516
20. 428
3', 088
162
5. 524
10, 383
28, 244
24 008
3, 036
249
39
5.
10,
32,
28,
4,
701
480
935
708
227
194
9S
5,
9,
37.
32,
4,
672
935
090
432
658
164
49
6, 051
10, 009
41. 125
36, 280
4. 846
265 !
40
5. 973
5, 341
41,712
36., 925
4,787
229
6,173
"> 0 '
' I
2 1 1 •' I
31. 792
4, 2- 1
l'l
17. 7C1
1: : '-
3 <)"•> I
61
Fig Iron and Iron Manufactures
Castings, malleable:
Orders, new
short tons „ _ >, 075
. 209
Production
do
Percent of capacity
Shipments
short tons.Pig iron:
Furnaces in blast, end of month:
Capacity!
short tons per day__
Nuin ber
Prices, wholesale:
Basic (valley furnace)
dol. per long ton..
Composite
.
do _..
Foundry, No. 2, northern (Pitts)
do
Productionf
thous. of short tons..
Boilers and radiators, cast-iron:
Boilers, round:
Production
thous. of lb..
Shipments
do
Stocks, end of month....
do. Boilers, square:
Production
..__doShipments
do - 1 '.•>..,}•)
Stocks, end of month
do
36, 503
34, 700
42.7
31, 360
182
22. 50
24, 89
3.819
1, 697
.613
15.009
1<. 698
14,-70
117. 975
45, 025
38, S72
46. 7
34, 226
131, 700
187
22.50
23. 15 I
24^89
4, 054 I
1,449 i
22, 910
112,309
52,994 j 53.079 I 71,129
48.920
49,804
62,293
58.8
01.4
75.0
43,216
45, 943
61,161
137, 500
190
140,620
193
144,290
196
22. 50
23. 15
24. 89
4. 238
22.50
23. 15
24. 89
4,177
23. 15
24.89
4, 440
2. 371
o 732 I 3 S')l
13,873 , 12,513
20 1S5
,'1, T'O
61 612
57 717
71 2
56, ?21
00"
00' 1"")
,0
-^ 1
71 >
'0 21
6 j
^\
7«, "
"
2
u
•
148, 000
22 50
22 (-0 ,
( )
24 ^9
i, '03
7 1'
3.598
2 416
i\
5.115
2 151 ,
lo! 75) 1 10 h2° ! 11,021 I l i f 7
26. 310
23 7^8 I i s /
40. 312
2t, OV) I lx "47
13. 707
93] 029 ! 82^205 I 80, Of 1 I SO "i
I
(
1
Discontinued by the reporting source.
^ , p. 14
tRevised series. Data on pig iron converted f^o^i hl(-riz to w short tonnage basis; d a t i foi productioi b e e m m r g 1913 Me c> ( r n iT' t^^l^
Revisions for 1939 and January and February 1940 foi southern pine, v v ^ e m pine, an i weat coast woodb, and also rt\i^< us for 1938 fc i t iie la tCi
p. 17 of the M a y 1941 issue.
§Data for 1939 revised; see table 15, p . 18 of the April 1941 issue.
1941
f ri . O.
SURVEY OF CURRENT BUSINESS
August 1941
S-31
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found i n the
1940 Supplement to the Survey
METALS AND MANUFACTURES—Continued
IRON AND STEELr-Continued
Pig Iron and Iron Manufactures—Con.
Boilers and radiators, cast-iron—Continued
Radiators, ordinary type:
7,133
Production._thous. of sq. ft. heating surface_.
6, 453
Shipments
do.
32, 817
Stocks, end of month
do_
Boilers, range, galvanized:
Orders, new, net
number of boilers.. 105,076
Orders, unfilled, end of month
d o . . . - 72, 258
80, 023
Production
..._
do
85, 784
Shipments
do
31, .534
Stocks, end of month
..do
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
8,042
8,952
22,103
6,245
6,537
21, 831
7,244
5, 839
23,461
6,744
4,891
25, 393
6,871
4,371
27, 890
6, 967
4, 495
30,375
7, 385
5,621
32, 140
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, 821 106,716
42, 094
32,119
68, 522 97, 266
69, 017 96, 741
37, 963
75, 369
35,220
80, 371
82, 243
36, 616
70, 989
38, 795
72, 245
67,414
41,447
45,615
80, 705
82,928
39, 224
80, 583
50, 777
74,113
75,421
37, 916
94, 992
60, 419
82, 820
85, 350
35, 386
69,433
46, 448
86, 459
83, 404
38,441
89,159
52, 966
81,495
82, 641
37 295
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
83, 545 112,327
96.0
71.4
28, 018 49, 349
83, 938
64,122
54.8
71.7
21,152
31,811
94, 929 115,343 110,579
81.1
94.5
98.6
27, 718 45,154
34,887
81,192 85, 810 94,409
69.4
80.7
73.3
32, 066 33,932
35,397
5,657
5,725
83
6,186
52,999
57, 791
Steel, Crude and Semimanufactured
Castings, steel:
Orders, new, total
short tons..
Percent of capacity,
Railway specialties
..short tons..
•cialtie;
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. perlb..
Steel billets, rerolling (Pittsburgh)
dol. per long ton..
Structural steel (Pittsburgh)
dol. per 1b.
Steel scrap (Chicago)
dol. per long ton.
U. S. Steel Corp., shipments of rolled and.
finished steel products!..thous. of short tons..
6, 801
98
84
44,474
.0265
6, 056
91
6,645
6,469
97
.0265 j .0265
.0265 |
.0265
.0265
34.00
.0210
19.22
34. 00
.0210
19. 75
34.00
.0210
20.06
1,393
1,572 1,425
436
958
55.1
964
47
700
1,305
75. 1
1,298
54
105,125 126,140 152, 007 153, 143
129.9
89.8
130. 8
107.8
29,103
47, 408 59, 551 70, 191
85, 492 95,185 101, 977 104,971
73.0
87. 1
89.7
81.3
28,692 30,733
34,204
37,192
6,929
97
6,238
97
.0265
.0265
.0265
.0265
. 0265
34.00
.0210
20.60
34.00
.0210
20.00
34.00
.0210
19.25
34.00
.0210
19.88
34. 00
.0210
18. 95
34.00
. 0210
18. 75
1,545
1,682
1,548
1,720
1,688
1,745
431
1,520
87.4
1,534
40
402
486
1,457 | 1,452
77.8
78.9
1,442
1,455
52
42
370
1,454
76.7
1,444
63
276
1,035
54.6
1,046
52
315
1,072
56.6
1,077
47
428
1,463
1,474
37
3, 514
r 1,294
2, 339
1,336
890
1, 584
83.6
1,582
39
2, 560
1, 372
6,495
94
7,132
100
6, 758
98
r 7. 055
99
34. 00
. 0210
18. 75
.0265
34.00
.0210
18.19
1,669
1,210
34.00 ! 34.00
.0210
.0210
18.03
17.35
1,456
1,297
1,214
1,619
79.0
1,619
39
377
1,098
63.1
1,102
47
350 |
1,081
62.2
1,075
53
1,586
1,415
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
5, 851
7, 335
4, 095
2,236
1.262
2,180
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
3,852
4,102
3,368
5, 050
5, 330
3,821
3, 889
5,210
4,010
1,525
1,850
1,130
547
472
522
602
497
577
541
493
545
639
498
634
797
599
696
718
652
665
844
658
790
924
779
940
829
890
1,204
1,103
929
1,346
1, 383
1, 066
236. 75
236. 75
237. 28
237.14
237. 27
237.31
237.31
237. 27
0)
0)
0)
3,159
158
3,413
174
3,925
195
4,050
196
4,895
229
4,030
233
4,256
248
4,496
281
4,393
303
5,310
320
5, 456
331
* 5, 491
355
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
368
93
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
4,587
455
384
416
154
1,074
107.3
5,046
463
436
454
177
1.177
107.3
4,942
470
453
445
194
1, 148
107. 8
4, 840
458
461
470
185
1,015
100. 1
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
91
139
322
205
379
7,973
102
155
374
252
431
10, 225
Steel, Manufactured Products
Barrels and 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
numberFurniture, 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 work, shipments..
short tons..
NONFERROUS METALS AND
PRODUCTS
I
(0
5, 511
375
11,210
r
1, 500
-845
r
104
144
383
265
412
11,751
4, 667
5, 579
4, 298
1,278
1,451
1,207
0)
99
139
398
244
434
11,012
I
I
Metals
|
I
Aluminum:
J
44,923
53,357
56,789
50,158 97,668
46,850
Imports, bauxite
long tons..i
86,978 62, 051 72, 403 83, 400 49, 732
45,117
i
Price, wholesale, scrap, castings (N. Y.)
|
.0904
.0860 I .0902
.0838
.0855
dpi. p e r l b . .
.1100
.0970 5 .1039
.1397
.1100
. 1100
Bearing metal (white-base antifriction), con- i
2,691
1,966
2,373
3,
556
sumption and shipments, total..thous. of l b . .
2,348
2,118
2,296
2,560
3, 866
4, 430
2,667
2,238
3, 257
505 !
643
991
750
Consumed in own plants
do I
614
507
625
876
622
560
999
529
620
2, 874
1,460 |
1,682
2, 806
2,048
Shipments
_
..do
2, 053
2,632
1,472
1,751
1,558
3,431
2,138
1,619
Copper:
Exports, refined and manufactures.
13, 395 22,382
8, 907 12,286
36, 236 38, 512 62,393
15,658
38,829
17,903
18, 095
short tons..
7, 046
23,041
35,159
70, 409 54,981
43,044
32, 790 25, 945 27,357
22,635
40,710
Imports, total §
do
23, 684 49,188
14,335
24, 610 20,507
26,446
12,648
17,969
27,498
19,120
For smelting, refining and export.§...do
6,693
11, 359 18,086
9, 637
Product of Cuba and Philippine Islands §
183
1,415
214
2,014
1,197
799
481
25
203
1,409
short tons...
1,842
1,085
17,019
11,484
7,509
4,185
13,187
11, 283
8,034 15,149
All other §_..._.„..
do....
8,499
36, 743 52, 141 43, 935
1
'2 Revised.
«Data are for 7 manufacturers beginning January 1940.
Discontinued.
Average for 14 days; not quoted part of month.
3 Average impossible due to lack of offerings part of month.
{Monthly data beginning 1929, corresponding to the monthly averages on p. 132 of the 1940 Supplement, appear on p. 18 of the April 1940 Survey.
{Revised series. Steel products, production for sale, have been converted to a short tonnage basis; see table 45, p. 14 of the November 1940 issue. Steel production and
percent of capacity revised completely; for revision through 1939 see table 9, p. 16 of the March 1941 issue; for revisions in 1940 data see p. 49 of the June 1941 issue. Porcelainenameled products revised beginning 1939 to include data for 99 manufacturers; for 1939 data, see p. 49 of the March 1941 issue.
JData for 1939 revised; for exports, see table 14 ,p. 17, and for imports, table 15, p. 18, of the April 1941 issue.
S-32
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
August 1941
1941
1940
June
July
August
September
DecemOctober November
ber
January
February
March
April
May
0. 1182
0.1182
METALS AND MANUFACTURES—Continued
NONFERHOUS METALS AND
PRODUCTS—Continued
Metals—Continued
Copper—Continued.
Price, wholesale, electrolytic (N. Y.)
dol. per lb._ 0. 1181 0.1113
Production:
Mine or smelter (including custom intake)
short tons.- 82, 674 79, 845
88, 560
86, 077
Refinery
..._do
115, 139
65,155
Deliveries, refined, total
do
115,097
61,716
Domestic....--.do
42
3, 439
Export
do
98, 164 199, 586
Stocks, refined, end of month
do
Lead:
Imports, total, except manufactures (lead
4, 723
content)
...short tons..
Ore:
37,155
36, 957
Receipts, lead content of domestic ore-do
3,824
3, 538
Shipments, Joplin district^
do
Refined:
Price, wholesale, pig, desilverized (N. Y.)
. 0585
. 0500
dol. per Reproduction from domestic ore. .short tons.. 38, 669 34, 041
57, 969
49, 904
Shipments (reported)
do
24, 265
55, 343
Stocks, end of month
do
Tin:
Consumption of primary tin in manufac6, 420
tures
long tons..
14, 880
9, 225
Deliveries (includes reexports)
do
11,611
Imports, bars, blocks, etc. §
do __.
".5267
. 5454
Price, wholesale, Straits (N. Y.)..dol. per lb_.
Visible supply, world, end of mo.-long tons.. 38, 600 31, 869
2,
846
5, 300
United States (excluding afloat)
do—
Zinc:
Ore, Joplin district: ^
Shipments
short tons.. 36, 928 33,530
5, 000
9, 201
Stocks, end of month
.
do
Price, wholesale, prime, western (St. Louis)
. 0725
. 0624
dol. per lb_.
Production, slab, at primary smelters:
short tons.. 62, 236 48, 213
66, 876
46, 577
Retorts in operation, end of mo
number63, 159
53, 935
Shipments, total
short tons.
7, 404
66, 907
Stocks, refinery, end of month
do—
0.1056
0.1071
79, 327
90, 995
74, 758
71, 226
3,532
215, 823
79, 967
80, 851
97, 719
96, 383
1,336
198, 955
0.1130
0.1183
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. 1180
0.1182
0.1179
0.1181
85,135
97, 035
112,681
112,671
10
142, 772
83, 280
93, 840
119,758
119,736
22
116,854
79,240
93,654
112,819
112.808
11
97, 689
85, 701
95, 322
134, 339
134, 333
6
89, 873
88,
89,
123,
123.
042
687
629
580
49
98, 789
• 90, 342
89, 390
144, 293
144,293
0
' 93, 076
16, 581
10, 230
10, 739
27, 739
19,084
19, 205
19,707
14,321
27, 991
39, 764
36, 988
4, 393
37, 759
2,878
35,916
3, 688
38, 641
4,485
36, 400
3,446
38,847
4,079
38, 433
4,652
34, 705
3,915
38, 282
3,778
38. 665
5, 126
38, 779
3, 653
.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
. 0560
47, 764
54,859
46, 604
. 0577
46, 748
62, 090
45,996
. 0585
43, 423
59, 169
42, 899
. 0585
46, 104
69, 382
34,018
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
.5150
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
6,600
12, 760
12,055
.5016
44, 719
9,442
6,660
12,195
9.836
. 5140
44,107
7,489
8,130
16,092
13,896
. 5205
39,971
5,195
' 8, 390
13, 955
15, 247
. 5196
38, 788
5, 016
9, 140
10, 490
13 060
. 5216
40, 777
7, 205
44,323
7, 098
35, 116
8,842
34, 250
10, 452
43, 269
11,553
29, 538
17,045
40, 975
3,900
42,163
5,597
33. 296
7,091
38,566
4,495
46, 944
2,651
35, 196
4, 600
.0025
.0639
. 0692
.0725
.0725
.0725
.0725
.0725
.0725
59,883
55, 288
65, 385
32,884
60,414
58,000
63, 272
10, 026
56, 227
59, 688
59,168
7,085
63, 390
61, 224
63,425
7,050
63,
64,
62,
7,
10, 567
29, 452
.193
12. 429
35,139
.195
13, 389
38,253
.195
14,938
33, 270
.195
15. 558
29, 576
. 195
15, 390
30, 535
. 195
704
1,105
572
703
1,317
484
696
773
1,493
594
720
974
1,801
665
736
1,061
2. 153
707
704
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
6, 898
21, 695
.186
8, 076
17,823
.183
8,706
31,365
.187
10, 093
34, 221
.192
10, 232
32,017
.192
469
1,099
489
521
1, 033
536
694
435
1,039
423
751
570
1,094
516
793
456
1,066
482
804
52,
47,
57.
61,
. 0725
. 0725
210
696
974
286
64. 645
65, 540
' 63. 604
r
8, 327
Miscellaneous Products
Brass and bronze (ingots and billets):
Deliveries
short tons. _
Orders, unfilled, end of month
do
Sheets, brass, wholesale price, mill..dol. per lb._
Wire cloth (brass, bronze, and alloy):
Orders, new
.thous. of sq. ft_.
Orders, unfilled, end of month
do
Shipments
do
Stocks, end of month
do
15, 308
30, 762
. 195
1,352
2,733
764
747
7,181
22, 287
.185
606
1, 124
516
693
433
978
518
763
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
thous. of dol..
0)
(•)
0)
0)
0)
()
(0
0)
(0
6. 541
i,836
Blowers and fans
do
4, 910
6,501
3,772
2, 346
3,845
Unit heaters
do.__
6,086
Warm-air furnaces, winter air-conditioning
8,651
15,168
6, 791
14, 668
systems, and equipment.....thous. of dol..
Electric overhead cranes:
1, 769
2, 265
749
2.291
2,374
2, 640
4,172
761
1,657
1,497
499
957
798
Orders, now
do
12, 961
13,298
12, 825
12, 225
11.034
10,174
2,196
4,109
5,087
8,563
2,430
2,744
3,271
Orders, unfilled, end of month
do
1,678
1,217
1, 063
1,235
1,102
1,030
629
825
334
615
264
282
643
Shipments
do...
Exports, machinery. (See Foreign trade.)
Foundry equipments
281. 1
377.2
298.7
315.2
281.1
285.3
254.2
257.8
164.9
161.2
165. 4
264.0
194.4
New orders, net, total
1937-39=100.
273. 3
405.3
291. 2
329.3
295. 9
301.8
276.1
278.8
174.2
162.0
284.8
167.2
209.8
New equipment
do
304.7
292. 5
321.0
236.6
272.7
203.2
235. 8
201.8
188.7
138.3
158.6
160.0
147.8
Repairs
do
Fuel equipment:
Oil burners:
36. 194
23, 642
22, 013
16,328
41,029
18,513
22, 705
17,016
32, 772
41,895
Orders, new, net
number.. 32, 521 19, 672 23,008
22, 448
22, 612
15. 266
14, 443
10,590
10, 353
9,056
7,562
8,043
5, 985
8, 607
8,202
6,974
Orders, unfilled, end of month
do
32, 685
22, 819
28", 848
16.091
18, 160
16, 203
16, 535
18,387
41,490
40, 580
24,199
22,019
31, 544
Shipments
do
25 682
27,202
23. 701
19, 941
22, 871
18, 027
16, 860
19, 367
19,617
18, OfiO
18,415
23, 400
22, 870
Stocks, end of month
..do
84
33
61
56
48
44
'47
54
52
47
30
38
Pulverizers, orders, new
do
Mechanical stokers, sales:
14, 137
21,387
9,9i;
9,710
5, 408
5,330
9, 837 16, 565
25,180
10, 596
6,103
23,117
30,951
Classes 1, 2, and 3
do
Classes 4 and 5:
234
22?
400
171
177
215
386
249
254
410
352
218
275
Number
55, 38"
63, 238
93,515
56,011
80,837
80, 424
45, 487
58,411
51, 671
38, 508
58, 426
42, 510
52,894
Horsepower
97.8
95.4
94.9
96.8
93.3
96.8
92.3
88.3
Machine tool activity!
percent of capacityPumps and water systems, domestic, shipments:
Pitcher, other hand, and windmill pumps
40, 884
41, 318 r 43, 601
36, 475
41.504
32, 634
44, 332
41,419
38, 409
33, 637
30,134
38, 476
units.
20, 813
r
993
917
1, 483
975
849
874
887
905
906
247
969
Power pumps, horizontal type
do
928
853
r
23, 889
18,
748
|
20,
953
16,703
24.
453
17,
666
IS,
657
IS,
688
15,
477
11,511
Water systems, including pumps
do...
20,415
19,113
21,503
Pumps, steam, power, centrifugal, and rotary: 1j
5,298
4,820 | 3,923
4.482
2,952
4,042
5,648
2, 613
1,963 t 2.437
2, 556
3,025
2, 87S
Orders, new
thous. of dol..
f
l
Revised.
^Data for July and October 1940, January and April 1941 arc for 5 weeks; other months, 4 weeks.
Reports indefinitely suspended.
tRevised series. Data on air-conditioning equipment compiled on a revised basis 1 eginning 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 il92224 base) converted to the new base bv dividing by 1.328; index for new equipment and repairs available only besnnnine May 1910.
JThis series has been discontinued by the reporting agency.
§Data revised for 1939; see table 15, p. 18 of the April 1941 issue.
S-33
SURVEY OF CURRENT BUSINESS
August 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
19 41
1940
July
August
September
1941
DecemOctober Novera-1
ber
ber
January
February
March
81
128
81
134
April
May
METALS AND MANUFACTURES—Continued
ELECTRICAL EQUIPMENT
Battery shipments (automotive replacement
only):
91
130
186
Unadjusted
.
1934-36=100-.
135
Adjusted
do
133
139
Domestic appliances, sales billed:
Combined index, excluding refrigerators:*
114.6
101.8
102.5
Unadjusted index
1936 = 100..
104. 3
104.9
A dj listed index
do
104.0
11,464
8,571
Ironers, household
units .
13, 848
(W, 0.-9
33. 403
29, 626
29,128
Ranges*
do
'377, i'M 328, 950 248, 538 206, 418
Refrigerators
do
l is. ss>> 120,200
74, 565
87, 820
Vacuum cleaners, floor type
do
3.1. 7SX
24, 037
20. 045
23,047
Vacuum cleaners, hand type
do._.
Washers, house hold
do. _. ls\ :;<r, 112,134 116,422 147, 878
Electrical products:
107. 6
113.8
126. 5
Industrial materials, sales billed...1936 = 100..
155. 0
1C0. 9
146.6
Motors and generators, new orders
do
Transmission and distribution equipment,
170.2
181.9
159.6
new orders
1936 = 100..
Furnaces, electric, industrial, sales:
5,241
5, 381
5.137
Unit
kilowatts... ll,f>2C>
476
372
Value
thous. of doL.
421
915
Electrical goods, new orders (quarterly)
268,120
thous. of dol..
2,791
1,325
1,408
Laminated fibre products, shipments
do
l f ~313~
Motors (1-200 hp.):
3,000
3,083
3,280
Polyphase induction, billings!
do
3, 345
3,186
3, 536
Polyphase induction, new orders!
do
914
866
915
Direct current, billings
do
1,703
1,437
1,240
Direct current, new orders
do
Power cable, paper insulated, shipments:
1, 321
757
1,253 I
758
Unit
thous. of ft..
1,463
836
998
1, 655
Value
thous. of doL.
Vulcanized fibre:
2,443
1,999
2,449
Consumption of fibre paper
thous. of lb..
556
1, 100
458
Shipments
.
thous. of doL.
681 !
207
133
208 i
123
198
142
160
142
102
128
82
112.2
112.2
21, 007
32,167
112,309
108,564
30, 359
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, 309
39, 376
100,787
88.4
128. 5
23,191
24, 626
115,23,6
125, 037
36, 274
92, 474
144.3
181.3
20. 986
50,516
376, 214
117, 408
30, 177
133,411
157.7
169.0
20, 492
51, 790
358, 402
129, 302
34, 696
155, 546
192.1
145.6
17, 166
61, 647
423, 010
178, 045
46, 284
191, 325
203. 9
156.8
21. 7K9
Go, 092
4S2, 5.S7
165,672
41. 602
213, (ill
203. 2
1 ()(). 9
21.707
05. 359
433, (170
150,810
42. 394
200, 030
123.9
161.3
147.7
254.3
148.2
223.9
164.8
262.0
187.4
220.6
194.5
275.7
223. 3
342.0
234. 4
263. 2
251. 7
443. 0
119.6
230.7
214.2
219.8
269.0
356.5
251. 3
329. 7
18, 847
1,049
16,965
1,341
12, 228
1,043
31,866
1, 766
10, 516
924
21. 508
1,719
31, 595
1, 402
13.774
997
411, 595
1,454
1,718
1,812
514,816
2,023
"2~i23~ '"% 330
554,115
2, 606
2.059"
2, 896
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
1, 862
4, 353
5,829
1,381
2,738
4, 679
7, 523
1, 762
2, 938
n.
0.
1.
2,
044
195
360
0H0
5, 5S3
7,351
1,793
3, 595
1, 154
1,163
891
1,110
739
998
1,167
1,083
1,172
1,284
1,457
1,209
1,253
1.37:',
1,59.)
1,370
1,751
2,373
599
2,582
714
2,742
716
2,981
805
3,088
926
3,012
3,448
1,029
3, 471
1, 158
3, 635
1. 177
732, 900
723, 400
838
9. 0S9
040
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
Unbleached*
do...
Ground woodi
do
Production^
Total, all grades
do
Chemical:
Sulphate, total.. _.
do
Unbleached
do
Sulphite, total
do
Bleached
do
Soda
do.__.
Ground wood
do
Stocks, end of month:§
Total, all grades
do...
Chemical:
Sulphate, total
do
Unbleached
do
Sulphite, total
do
Bleached
do
Soda
do
Groundwood
do
Price, sulphite, unbleached
dol. per 100 lb_.
r
734, 8!)0
730, 900
r
315, 700
265, 800
221, 800
140, 900
r
48.000
149,300
40, 864
93, 358
311,600
264, 800
230, 700
145, 000
45, 100
143. 500
64, 702
86, 426
318, 700 301, 800
270, 000 r 252,600
225, 400 209,900
139, 900 129, 600
42, 200
36, 900
T
150 500 132, 100
32, 256
60,379
65,554
83, 640
17,817
13, 058
53,349
30, 294
23, 055
21,138
11,385
5,546
54, 882
27, 662
27, 220
19, 218
729, 984
706, 202
14, 400
9,900
77, 000
49,900
4, 500
74, 600
3.34
r
680, 700
17, 920
12, 036
55, 318
31,376
23, 942
9,557
11,253
7,062
40,188
21, 247
18. 941
13, 187
739, 052
750, 000
343, 300 331, 800 322, 600
288, 800 281, 200 273, 400
210, 000 216,600 214. 200
128,800 130, 100 128,300
42, 600 r 37,800 ' 44,800
154,100 146, 700 141,800
36, 627
39, 359
28, 693
70, 686
68,112
70,549
10, 869
6,515
43, 509
25,112
18, 397
12,903
12, 521
7,872
46. 423
27, 399
19, 024
10, 745
r
707, 400
r
718, 700
808, 900
815,400
342, 400 320,500
288, 200 267, 000
223, 200 214,000
131, 600 124, 500
46, 800 r 42, 900
155,000 141,300
23, 501
24, 870
72, 493
69, 821
362, 200
303, 900
242, 600
146, 000
' 48, 200
155.900
37, 999
84, 907
301,900 387. 000
300, 800 320, 000
242, 100 r 2IS, 000
140,600 '• 14S, 700
4S, 000
49, 700
100, 400 103,900
48, 738
24, 175
85, 130
95, 175
14, 438
8,414
44, 520
23, 603
20,917
11,030
15, 671
10, 465
45,907
25, 859
20, 048
10,199
13. 659
8", 001
45, 554
28, 227
17, 327
9,495
16, 287
10, 268
55, 699
30, 156
25. 543
11,731
14,431
9, 845
53, 184
30. 575
22, 009
10,394
818, GOO
15. 194
9. 942
01,300
33,092
27, 008
17,029
677, 899
760, G23
747, 409
729, 687
787, 725
714, 690
804, 167
809,021
813. 508
329,665 309, 348
279,973 260, 298
232,862 208,238
144, 834 128,013
42, 737
37, 092
133, 7S8 123, 22!
346, 346
292,182
223, 951
136,705
44,001
14(5, 325
329, 792
278, 582
218,103
126, 167
38, 861
160, 653
325, 331
276,939
207,102
122, 591
45, 376
151,878
355,713
299, 429
225, 486
135, 873
45, 715
160,811
323, 258
270, 902
203, 113
120, 598
42. 160
146, 159
360 073
301,654
237, 479
140, 900
48, 290
158, 325
353,077
29o!oiO
23«. 516
143,227
47, 022
169,170
377, Sf)O
317,245
244,139
140.712
50, 304
171, 275
145, 700 * 148, 100 145, 200
155, 900
170,200
176, 700
197,100
192, 900 ' 188, 100
IS 1,700
170,000
34, 400
30, 300
83, 300
52, 500
7,200
31, 000
3.46
32,300
27,600
84, 800
48, 600
8,200
44, 900
3.46
35,100
31, 200
77, 700
42,900
8,900
55, 000
3.46
48,400
42, 400
80,100
47, 200
7,800
60. 800
3.46
49, 000
44. 100
64, 000
38, 200
'7,100
68, 000
3.46
37. 800
32, 300
00, 400
31, S00
' 0.700
70 800
3, 40
28. 000
22, GOO
50, GOO
32, 000
7, 300
84, 100
3. 40
311,093 310,147
264, 389 264, 238
221,971 217,261
141,076 135, 779
45, 723
48,446
148, 474 133,071
170,500
736, 800
12, 800
9,200
63, 600
40, 700
5,100
64, 200
3.46
23,900
19,300
71, 000
45, 600
5,600
47, 600
3.46
31, 300
26,900
69,400
44, 600
5, 800
38, 700
3.46
51,100
46, 300
69, 200
43, 300
7,000
65, 600
3.46
PAPER
Total paper, incl. newsprint and paperboard:f
Production
short tons..
Paper, excl. newsprint and paperboard:f
Orders, new
short tons..
Production
do
Shipments
do
980, 385
958, 374
979, 631
867, 691
1,003,971
949,422
908, 471
1,002.800 934, 996 1,052,665 n, 078,772 1,147,041
471,457
454, 898
472, 531
398, 861
446, 234
390, 325
440, 264
428,
306
1
379, 447
387, 255
386, 431
435, 059
442, 610
432, 521
424, 064
420, 810
416,419
417,776
420,005
415,625
488, 585
466, 697
471,114
448,043
465, 537 505, 856 T 589, 095 598, 000
428,857 |'479, 531 '401, S42 r>30,-H7
438,804 |'494,007 r 500, 087 540, 78b
' Revised.
v Preliminary.
•Domestic pulp used in producing mills and shipments to market.
tShown in 1940 Supplement and monthly issues through February 1941 as A. C. motors.
TData revised for 1939; see table 15, p. 18 of the April 1941 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 1940
issue.
•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
of 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
and 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 issue.
§ Revised 1939 and January 1940 data on production, consumption, and stocks will be shown in a subsequent issue. Revised data beginning February 1940 are
shown on p. 51 of the April 1941 issue, except for groundwood and the totals, all grades, which have been subsequently revised back to January 1910.
S-34
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- j 1 9 4 1 I
gether with explanatory notes and references
1
•
to the sources of the data, may be found in the
I ,J11T1U
,,,.
Fll _ n
J u n c
u m
Jul>
1940 Supplement to the Survey
j
|
j
j
i AAui iUml i,>^t i
|
-
August 1941
1910
;
j
Sep- I nO,lfc .,,-u_
i Xovem-1 Deceintober
| tember |
;
ber
i ber
1941
Janu- ! February | ary
March i April j May
PAPER AND PRINTING—Continued
PAPER—Continued
Book paper:o"
Coated paper:
Orders, new
short t o n s . .
26,132
Orders, unfilled, end of month
do
23,354
Production
do
22,913
Percent of standard capacity
80.8
Shipments
short tons... 23,388
Stocks, end of month
do
12, 745
Uncoated paper:
Orders, new
do
139, 598
Orders, unfilled, end of month
do
124,805
Price, wholesale, " B " grade, English finish, |
white, f. o. b . mill
dol. per 100 1 b ^
6.80
Production
short t o n s . . 128,939
Percent of standard capacity
105. 1
Shipments
short tons.- 139, 589
Stocks, end of month
do
47, 614
Fine paper: t
Orders, new
do
Orders, unfilled, end of month
do
j
Production
do
I
Shipments
do
i
Stocks, end of month
do
Wrapping paper: t
Orders, new
do
|-Orders, unfilled, end of m o n t h .
..do..
Production
do..
Shipments
do..
Stocks, end of month
do..
Newsprint:
Canada:
Exports
do
263,660
Production
d o . . . . 273,69;
Shipments from mills
do
| 281,843
Stocks, at mills, end of month
. d o . ! 165,898
United States:
j
Consumption by publishers
do
242,404
Imports
_ do
Price, rolls (N. Y.)
dol. per short ton. J
50. oo
Production
short tons ! *3, 962
Shipments from mills
do
| 85, 494
Stocks, end of month:
j
V2 (m
At mills
do....!
<
At publishers
d o . . . ! 277,681
In transit to publishers
do
! 49, 087
Paper board:
:
Consumntion, waste paper
do . . . " 374.185
Orders, ne-v
do
j 525,325
Orders, unfilled, end of month
do . . ! 3X3, 534
Production
do___.j 504.413
Percent of capacity
|
92. 3
Waste paper stocks, at mills
short tons . I 264,631
PAPER P R O D U C T S
j
Coated abrasive paper and cloth:
j
Shipments
reams.. 130,852
Paperboard shipping boxes:
j
Shipments, total
mil. of sq. ft .1 (2)
Corrugated
do
(2)
Solid
fiber
do....
(?)
PRINTING
894
Book publication, total.
__.no. of editions..
708
New books
do
186
New editions
do
Continuous form stationery, new orders
262,591
thous. of sets..
Operations (productive activity)
1923 = 100..
Sales books, new orders
thous. of books.. 26, 137
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
20.107
8,532
18, 949
73.4
19, 280
14, 622
21, 862
9.076
22, 167
80.8
22, 059
14, 397
28, 276
14, 091
22, 230
81.0
22, 648
13, 923
33, 039
20, 613
23,971
84.1
24,579
13, 281
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
113,640
61, 920
133, 970
70, 048
150, 707
93, 257
165, 927
119, 533
5.95
109, 905
91.7
114,727
59,511
6.23
106,715
84.1
106, 572
60, 424
6.30
106.091
78.8
103, 839
63, 505
6.30
80. 512
77.8
91,937
59, 686
6.30
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
721
81.0
109, 982
64,141
6.30
104,071
86.8
107, 359
61, 373
6.30
120,879
93.8
125, 404
56, 721
6.30
121,913
95.4
127, 587
50, 754
6.55
134.
371
100.6
136,296
49, 687
49, 831
30,335
43, 489
45, 770
61,901
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
41,643
16, 534
44, 751
43. 448
64, 093
42,
18,
42,
42
64,
40, 309
17, 751
42,017
41,078
67,178
49, 492
21,342
45,169
46, 750
66, 826
48, 699
22, 696
42, 604
44.032
65,041
r 56,550
r 35,612
r 47, 598
r 47, 819
r 65,187
' 67,
r 49,
r 49,
* 52,
r 62,
163,646
115,897
5 64, 603
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
165.209
76, 590
162.492
159, 429
81, 508
158.
156
77, 967
157, 204
156, 992
81,870
156,
84,
154,
149.
86,
576
749
819
794
875
177,007
89, 722
172, 622
172,176
89,015
167,135
96,294
157,757
158.726
84,075
214,
135,
174,
177,
87,
219, 505
170,815
179, 601
184,015
86, 685
210,195
179,794
195. 764
201,330
79, 864
320, 655
315.343
338,446
180,569
318,841
332,689
337,508
175.750
301,654
310. 607
332, 234
160,123
301, 293
282, 322
284,133
158,312
275, 822
309, 957
287, 943
180, 326
276,586
282,344
286, 739
175, 931
263,
252,
276,
152.
450
897
457
371
211,022
261.298
243, 394
170, 275
219.464
245, 607
239, 745
176,137
232, 197
275. 769
265, 724
186, 182
276,
279
285,
180,
452
996
789
389
268,706
284, 767
291. 112
174,044
241, 639
254, 920
50. 00
84, 762
85,194
206,913 ; 213,105
261,727
258. 055
50.00
50. 00
82,579
86. 633
86, 229
81,714
238, 176
239.679
50. 00
77, 883
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
229, 799
192. 240
50. 00
89,124
84,141
219, 362
187,170
50. 00
79. 720
81,241
258, 518
221. 542
50. 00
87. 376
85, 503
256, 431
237, 639
50. 00
87, 000
91,487
260,827
276. 257
50. 00
90, 913
91, 689
17,543
257,567
47, 435
13. 893
318,609
44,679
19. 230
364, 207
45,919
18.648
339,211
42, 039
16, 655
327,913
39,188
13, 455
308, 880
47, 592
18, 438
301, 562
34, 719
16, 917
284,799
42,163
I
18,790 j 14,303
252.856
255,588
44, 312 | 46, 679
13, 527
252,381
51.197
324, 448
437, 874
195,037
440. 725
299,781
317,909
283, 660
398. 191 ; 414, 966 I 399, 133
160,541
131,890
131.242
429,561 i452, 604
402, 548
70.3 i
73.9
71.2
251,823 •245, 378
245, 685
333,739
486,181
140.027
473.169
77.8
249,860
322, 991
42fi, 614
128.222
443. 274
75 7
260, 320
275, 353
393, 026
115,143
407, 629
70.7
269, 755
322,
520,
160,
446,
408
931
561
979
76. 1
264, 393
310,969
470. 671
202,284
426,419
81.5
260,890
357,
543,988 ! 580,
252,611 j 330,
485,758 j 499,
85.4 '
253, 009
262,
111,106
101, 925
90, 670
106,
116,944
137,177
240,
039
84, 253
0)
0)
(
949
812
137
18. 812
361, 179
46, 245
82,324 | 98,135
2
()
!
101,125
106.
808
696
997
375
936
890
2
()
371,253 I
68,938
66, 490
52, 727
55, 566
59, 474
901
038
779
930
87.9
398
377. 595
572, 522
370,151
526, 280
89.4
269, 737
129,119
135, 571
918
800
1,051
887
164
()
(2)
722
651
71
0)
$
$
$
1,027
1,122
822
166
916
111
889
233
568
508
60
891
722
169
139,161 '• 137,202 i 162,347 170,828
79 j
(0
I (i)
I (i)
18, 203 ! 18, 740 | 16, 910 | 18, 559
157,474
392
171,273
192, 228
921
745
176
238
387
357
163
556
507
742
112
791
818
2
I
163,493
75
17, 999
107,
183,
0)
0)
17, 405
17, 481
(0
19, 947
0)
18, 328
1,310
1,100 i
210 !
118
j
207.715 I 188,909
(')
19,621
0)
21,331
203.
327
0)
24, 470
RUBBER AND PRODUCTS
CRUDE AND SCRAP RUBBER
Crude rubber:
47, 834
48, 354
52, 469
53, 307
69, 024
i9, 644
59, 709
62, 692
Consumption, total.
long tons.. 84,912
71,374
57, 716
65,989
• 71,365
108,156
103,744
118,314
132, 897
For tires and tubes (quarterly)
do
69,474
53,889
86, 833
65, 093
73, 028
78, 972
74, 696
73, 973
72,901
97, 984
87,123
Imports, total, including latext
do
63.305 101,404
.211 !
222
.219
.196
.193
.203
.199
.208
.239
Price, smoked sheets (N. Y.)
dol. per lb._
.216
.204
.228
.221
lioi348 127,313 120. 857 133,784 126, 228 99. 254 127.189 126,575 90, 607 '139,164 114.885
Shipments, world §
long tons..
2
2
2
2
2
2
533,000
487, 000
566.
000
609, 000
Stocks, world, end of month
..do
(2)
(
)
(
)
()
()
()
( )
250.000
235,000
255.000 I265. 000
Afloat, total
do
265,000
250, 000 265, 000 245, 000 260, 000 275,000
250,000
139, 629
141,286 ! 137. 888
175, 499 119,138
For United States
do
166, 837
145, 950 153,169 136,955 140, 228 153. 484 147, 459
158. 095
2
26,500
36,000 j 50, 000
19, 500
London and Liverpool
do
(2)
()
(2)
(2)
(2)
(2)
r-)
80, 600
80,375
78, 029
73, 799
British Malaya
do
75, 560 '84,343
75, 877
77,471
85, 458
95. 322
175, 455
194,700
154, 313
339, 108
220, 597
United States.
do
288, 8G4 309,411 102,425 338,147 329, 767 r 359,234
235, 353
250, 412
320, 373
Reclaimed rubber
14,539
14, 464
14,835
16,807
16,312
19, 086
22. 559
15,163
17, 397
18, 222
19,611
Consumption
.do
20, 427 r 21, 405
14,299
17, 101
10,379
16,581
19, 300
20.413
19, 239
23,790
17,636
22, 006
19, 506
Production
do
21,574
27,129
27, 701
28,520
29 039
32. 636
36. 265
30,810
33,380
35, 028
Stocks, end of month
do
31, 459
33. 654
35, 336 r 35, 871
39, 844
41.176
35, 735
Scrap rubber consumption
do
46,181
f
Revised.
' 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.
tFor 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 Survey; for revised data
for 1939, see tablp 15, p. 18 of the April 1941 Survey.
cf In recent months, the number of companies reporting has fluctuated to such an extent that tonnage figures are not comparable from month to month.
^Beginning with the January 1941 Survey, data for world shipments of crude rubber are from the Statistical Bulletin of the International Rubber Regulations Committee
earlier data from this source have been in close agreement with data compiled by the Bureau of Foreign and Domestic Commerce, shown in previous issues of the Survey.
S-35
SURVEY OF CURRENT BUSINESS
August 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
Jane
1940 Supplement to the Survey
1941
1940
June
July
September
August
DecemOctober November
ber
January
February
March
April
May
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
Exports
do
Stocks, end of month
do
Raw material consumed:
Crude rubber. (See Crude rubber.)
Fabrics (quarterly)
thous. of lb_.
6, 363
7, 664
2, 757
7, 079
6, 280
6, 922
7, 054
5,131
6,803
1,925
4, 781
96
8,871
4,788
4,318
858
3, 350
110
9,350
4, 676
4,123
705
3, 303
115
9,911
5,486
4,850
2,291
2,430
128
9,797
5,161
4,896
2,546
2,197
153
10,029
5,686
5, 517
2,638
2,722
158
10,149
5, 823
6,050
2, 334
3, 537
178
9, 958
6,073
7, 733
2, 700
4, 873
160
8, 373
4, 351
5,686
74
6,849
4,020
3,793
89
7,096
4,306
3, 600
96
7,794
5,113
4,474
96
7,633
4,887
4,610
102
7,924
5,349
5,181
137
8,060
5,496
5, 371
127
8,143
5. 855
6, 324
109
7, 686
70, 972
83, 371
66,849
RUBBER AND CANVAS FOOTWEAR
Production, total
Shipments, total
Stocks, total, end of month
thous. of pairs..
do
do
6, 278
5, 668
13, 834
4,528
3,737
18,886
4, 583
5,808
16, 386
3,323
4,567
17, 641
5,543
5,166
10, 754
5,827
5,359
11, 222
6, 628
5, 555
12, 272
6, 084
5,134
13,223
9,021
11,195
42.4
51.2
7,984
8,192
••23,379 I 24, 416
5,092
4,886
8,345
43.4
7, 456
25, 307
5,520
10, 596
49.8
9, 915
25, 988
6,276
12, 196
59. 3
14,132
14,732
09. 4
10,048
5,939
6,614
10,377
4, 046
6, 200
14, 232
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production
thous. of bbl_Percent of capacity
Shipments
thous. of bbl_.
Stocks, finished, end of month
do
Stocks, clinker, end of month
do
CLAY PRODUCTS
Common brick:
Price, wholesale, composite, f. o. b. plant
dol. per thous..
Shipments
thous. of brick..
Stocks, end of month
do
Face brick:
Shipments
do
Stocks, end of month
do
Floor and wall tile shipments:
Quantity..
thous. of sq. ft..
Value
thous. of dol-Hollow building tile:
Shipments
_ .short tons. .
Stocks, end of month
do
Vitrified paving brick:
Shipments
thous. of brick _.
Stocks, end of month.
do
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
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....
13. 935
63.7
15, 776
18, 008
4,470
12. 725
60.1
10, 372
20, 353
4,558
12.116
186, 472
397, 336
12.147
12.094
12.101
12.121
193, 479 187, 648 182, 785 213. 800
402,159 422, 005 436, 436 445, 304
12.148
162,829
468,962
12.195
144, 327
478,411
12. 201
0)
(0
12. 242
0)
0)
12. 328
0)
0)
61,195
253, 326
62, 330 64, 490 60, 977 70, 864 47, 056 40, 559
250, 730 248, 531 250, 617 242,100 251,593 265,825
4, 724
5, 181
6,546 I 5,671 5, 860
5, 822
1,470
1,344
1,643 1,444
1,249
1,449
0)
0)
4, 565
1,195
0)
0)
15, 222
74.0
16,109
21,863
5, 779
12 490
r t 38.8
13, 223
24, 010
5, 907
12.483
(')
0)
0)
0)
4,994
1,254
(0
0)
84, 339
361, 759
5,081
44, 049
89, 810 94, 442 85, 767 90, 359 64, 313 58,565
357, 266 357, 421 382, 066 382,092 391,531 407,618
7, 365
8,383 I 7,094
6,148
5, 769
2, 516
34,510 32,031
43, 383 37,425 I 34,738
30, 288
263,028
519,767
384, 195
8,329
127, 243
(0
0)
4,368
1,117
5, 597
1,387
5, 219
1, 363
6,170
1,630
0)
(0
(
0)
(
(0
()
1,801
30,580
1,015
30s442
1, 088
30, 402
0)
5,128
76.7
5, 117
240
1,038
42
412
368
843
1, 493
434
213
13
9, 979
5, 325
79.7
5, 573
289
1,113
35
633
418
805
1,522
405
229
41
9,612
6, 246
93. 5
6, 402
320
1,212
49
779
548
991
1,609
453
272
136
9, 244
3,595
3,598
7,572
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
3,694
4,004
8,419
4,200
4,424
8,115
3, 838
4, 3S7
7, 499
5, 548
5, 055
7, 896
2,088
8,522
994
61.1
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
2, 905
15, 664
1,397
86.1
3,400
18, 266
1,417
87.3
3, 922
18, 344
], 400
80. 3
3, 372
18.394
1, 282
78. 9
313,340
917, 234
869, 174
509, 602
30,444
7,303
0)
0)
4,368
70.8
4,273
205
909
37
275
167
676
1, 433
351
199
8
10, 097
2, 185
9,783
908
55.9
80.3
0)
0)
4,517
65.0
4,177
189
961
41
224
140
589
1,468
337
206
9
10, 109
3, 069
18,534
1,304
0)
(0
4,203
65.6
3,532
138
686
33
189
154
803
1,041
269
198
3
3,648
3, 628
7,560
165
12.404
0)
0)
4, 352
67.9
4, 078
170
808
31
126
102
1,137
1,230
258
197
5
9,432
4, 857
4, 863
7, 820
1, 695
' 477
262
22, 750
0, 005
4,864
70.3
4,816
423
950
40
106
105
1,028
1, 608
323
201
14
9,247
8, 397
1. 028
12.323
r
I
4,289
69.7
4,565
820
879
32
145
91
726
1,284
313
208
49
9,292
4,780
71.7
4,532
315
953
28
466
358
624
1,129
285
207
149
9,331
T
24, 056
6, 207
5,070
73.3
4,653 !
657 i
1,016
34 i
304 !
186 !
456 !
1,363
304
208 |
106
9, 655
4,429
69.1
5, 226
281
932
31
640
781
842
1,131
273
200
102
9,180
6,166
96. 0
6, 865
358
1, 447
47
763
605
13,105
61.8
14, 741
19 921
4,829
12,712
57.8
14,018
21, 549
5, 158
12, 290
56.0
13,442
22,855
5. 559
I
j
I
I
|
i
_l 531,032
j 1,128,862
-j 969,578
........
387, 969
1,033,403
888,078
175,467
811, 500
764, 500
250,080 j
244,975
200,
630
556, 560
29,850
430,090
33, 358
44
621. 768
388, 230
6,816
226, 722
373,
503
36,
6,
539,
322,
7,
027
450
000
700
100
209,
200
7, 393
591,878
453, 124
8, 475
130, 279
' Revised.
• N e w series. D a t a for glass containers b e g i n n i n g J a n u a r y 1934 are s h o w n in t a b l e 49, p p . 16 a n d 17, of t h e N o v e m b e r 1940 issue; earlier d a t a on glassware other t h a n cont a i n e r s are s h o w n in table 2. p . 17, of t h e J a n u a r y 1941 S u r v e y .
1
C o m p a r a b l e d a t a no longer available. T h e s e series will be replaced b y n e w d a t a w h e n sufficient historical figures become available.
S-36
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
Juno
1940 Supplement to the Survey
August 1941
1941
1940
June
July
August
September
DecemOctober November
ber
January
February
March
Apri 1
May
TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
thous. of dozen pairs.
Shipments
do -..
Stocks, end of month
do...
12, 531
11,933
25, 032
9, 711
8, 835
26, 384
11. 174
12. 396
25,621
11,257
12,762
24, 258
13, 586
14,109
23,879
12, 579
12, 975
23,626
11, 279
11,536
23.511
12, 747
11.822
24, 435
11, 558
11,573
24, 419
12,105
12,495
24,029
622, 723 I 654, 503
136, 751 ! 64.743
10, 153
18, 254
095
.092
104
.098
639, 252
90, 555
3,991
.092
.097
770, 702
194, 251
15, 926
.094
.096
744,088
144.710
12, 026
.094
.100
775, 472
107, 375
5,906
.093
843, 274
52,184
9,624
.095
.104
793, 626
60 597
14, 210
094
107
854 179
97 292
28 184
. 097
108
606
3,924
9,084
10, 870
10,
22,316
12,551
9,085
680
21.638
10, 203
10, 703
732
20, 842
5, 719
13, 826
1,297
19, 808
3,488
14, 697
1,623
1 12, 554
18,924
2,137
15,014
1, 773
18, 033
1, 583
14, 636
1,814
17,193
1,337
14,009 '
1,847
24, 627
6, 329
26, 288
4,767
24, 409
5,216
24,413
6, 919
26, 709
5,136
29, 954
11,420
27, 734
7,581
34,944
7,060
10. 68
.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
109. 278
78, 468
4,612
80,744
120, 709
92, 116
6.491
88, 482
129.250
102, 085
6,786
100, 752
132,912
108, 029
5,924
104,345
154,479
126. 610
8,238
110,657
079
878
535
468
21, 955
6, 960
281
I11. 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
COTTON
565,416
C onsum ption
bales.. 875,
133, 530
Exports (excluding linters)§
do
12, 374
Imports (excluding linters)§
do
. 128
. 095
Prices received by farmers
dol. per Ib._
. 141
.107
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,
;, 353
11,400
total
thous. of bales..
989
753
On farms and in transit.
do
1,521
9, 545
Warehouses
do
, 843
1,102
Mills
do
COTTON MANUFACTURES
Cotton cloth:
Exports§
thous. of sq. yd..
Imports§
do
Prices, wholesale:
Mill margins
. . cents per lb__
Print cloth, 64 x 60
dol. per yd__
Rheeting, unbleached, 4 x 4
do
Finished cotton cloth:
Production:
Bleached, plain
thous. of yd.Dyed, colors
do
Dyed, black..
do
Printed
do
Spindle activity:
Active spindles
.
thousands..
Active spindle hrs., total
mil. of hrs_.
Average per spindle in place
hours._
Operations^
pet. of capacity..
Cotton yarn, wholesale prices:
22/1, cones (factory)
dol. p e r l b ^
40/s, southern, single, carded, Boston...do
21.81
. 088
. 093
22, 992
1), 932
408
121. 5
RAYON AND SILK
|
Rayon:
!
Deliveries (consumption), yarn*., mil. of l b . J
Imports^
thous. of lb... |
Price, wholesale, viscose, 150 denier, first I
quality, minimum filament,*...dol. per lb__'
Stocks, yarn, end of rno.J
mil. of lb__
Silk:
Deliveries (consumption)
bales. _
Imports, raw§
thous. of lb
Price, wholesale, raw, Japanese, 13-15 (N. Y.)
dol. perlb._ i
Stocks, end of month:
|
Total visible stocks...
bales._;
United States (warehouses)
do j
i
WOOL
|
Imports (unmanufactured)§
thous. of lb__j
Consumption (scoured basis) :^
j
Apparel class
do |
Carpet class
do j
Machinery activity (weekly average) :^
j
Looms:
|
Woolen and worsted:
j
BroadO
thous. of active hours __•
Narrow
do j
Carpet and rug
do j
Spinning spindles:
I
Woolen O
do
9,418
9,244
26, 701
32
12,871 I 12.621
12.737 i 11.750
24, 162 f 25,034
920. 142
74. 009
18.816
. 105
. 113
918.902
71. 539
30. 853
. 117
. 129
16,188
1,135
13, 209
1, 844
15.224
1.023
12. 339
1,862
14. 260
1.0S3
11.321
1, 856
33, 937
9,791
38,513
7,796
37. 917
8, 828
44, 972
6. 0S0
14.94
.055
.067
16.00
.057
.073
18.17
. 066
.078
19. 81
. 072
. 084
20. 85
. O.sO
. 088
155, 770
119,889
5, 668
108, 886
164, 610
122, 954
6, 304
107,857
159,429
120, 108
5, 528
107, 358
175, 144
141,056
6, 270
126, 671
178. 53S
146,235
6, 543
122,215
1*2. 003
145.612
6, 989
119,222
22, 686
8,614
352
105.9
22,818
8, 657
353
105.0
22,821
9,901
404
112.1
22, 769
8,920
365
114.0
22, 796
9, 573
392
116.7
22. 787
J 0, 289
'421
119.6
22, 980
10. 287
. 366
. 430
164,
129.
6,
105,
.102
11,433
11,931
12, 287
. 365
. 433
219
321
.227
.325
.227
.325
.227
. 325
.257
355
.267
.377
.268
.403
.272
.404
.274
.390
. 288
.388
. 338
.419
38. 6
31.4
669
32. 1
391
34.0
441
30.9
36.7
386
34.8
1,576
34.0
2, 466
35. 0
1,660
31.6
1,774
35. 4
2,261
38.7
1,611
. 530
4.3
.530
12.8
.530
11. 1
.530
9.9
.530
8.3
.530
6.9
.530
6.7
.530
6. 3
.530
8.9
.530
10.0
.530
10.2
7.4
24.251
17, 307
2, 356
22, 766
3,827
30, 189
4,761
28, 828
3, 739
39, 877
6,490
36, 374
7, 219
23,113
4,429
28, 425
3, 263
28,111
2, 430
25, 828
3, 453
23, 53s
3.551
22.440
3. 509
2.540
210,743
49. 373
? H , 711
50, 34 1
r
40. 2
1, 301
3.019
2.724
2.529
2.561
2.698
2. 585
2.562
2. 560
204. 606
53, 43t'i
90,122
41,822
115, 111 151,698
43,211 46, 898
172, 254
44, 454
184, 797
48, 297
195. 330
60, 330
225, 248
72, 248
224, 363
63,433
17,502
16, 099
21,831
33, 981
34, 631
56, 313
72, 677
73, 045
72, 458
41,904
11,172
19, 373
5,798
28, 431
6,061
24,799
7,571
28, 609
7,941
39, 240
11,387
33, 821
8,969
34, 012
9, 352
40,115
10,965
36, 232
10, 712
39, 416
11, 008
40, 970
13, 095
41, 032
10, ">ss
2. 584
94
260
1,407
70
149
* 1,561
r
65
125
r
r
' 2, 245
r
67
r
200
2,197
71
201
2,428
85
246
:, 45(
:. 491
93
241
j 110, 218
68,173
65, 973
137
92,553
105,826
' 186
90,418
104,279
192
1.10
.44
Worsted©
.
do | 125,606
231
Worsted comb s
do I
Prices, wholesale:
j
1.
08
Raw, territory, fine, scoured
dol. per lb.-l
. 40
Raw, Ohio and Penn., fleeces
do 1
Suiting, unfinished worsted, 13 oz. (at j 2. 030
mill)
dol. per yd._!
Women's dress goods, French serge. 54" (at
1.312
mill)
dol. per yd_.
Worsted yarn, %2's, crossbred stock (Boston)
1. 638
dol. per lb_Receipts at Boston, total
thous. of lb.. 82, 827
Domestic
.-.
do 1 32, 837
49, 990
Foreign
do
Stocks, scoured basis, end of quarter, total
|
207,
754
thous. of lb-.j
Woolen wools, total
do j 61,729
31,474
Domestic
do 1
Foreign
do j
Worsted wools, total
do j 145, 863
Domestic
do j 53, 823
Foreign.
d o — | 92, 040
1.250
44, 896
41. 790
3,106
128, 585
47,508 i
35,183 I
12,
81,077
59,436
21,641 i
1, 69 i
63
166
72, 865 ' 80, 479
73,251 • 85, 408
<• 142
146
1,744
60
177
1,892
'205
• 83, 721 '•88,051
• 87, 902 104, 13S
158
' 181
2 092
72
198
r
90, 323
102,813
179
T
.87
.39
.89
.39
.40
1.05
.44
1.10
.46
1.10
.46
1.931
1.931
.1.918
1.931
1.931
1. 931
1. 114
1.114
1.114
1.153
1.213
1.213
290
905
472
433
1.256
30, 278
22, 540
7,738
1.288
29, 961
22,912
7, 049
1.488
36,123
16, 328
19, 795
1. 450
49,597
6,298
43, 299
.88
.39
1.114
r
1.
52,
44,
8,
127, 546
41. 338
29.450
11,888
86, 208
57, 219
28, 989
1
47
30
16
395
060
393
667
142,152
48,388
651
o>7
20, "737
93,764
29,009
64,755 I
2. 589 I
214,836
54, 106
2,411
80 !
233 !
2. 816
211,174
49, 904
106.
119,
98, 398 ! 99, 589
115,206 ! 115,309
210 ;
216
SSI)
••10
1.09 !
.44 i
1.08
.46
1. OS
. 45
.45
2.005 |
2.030
2. 030 '
!. 030
1.213
1. 213 I
1. 225
1.450
50,365
4,633
45, 732
1. 163 ,
51.809 '
4. 129
47, 680
1.519
4v»,410
7. 151
42, 259
275
210
2vf
51,'
'164,331 !
!
' .")(). ssf} i
I... ...
r'2(\,'.m
'
' 2 4,553
!
_. r i n , H;>
!
17,933
T
!
95. 512
1
2
r Revised.
Doc. 1 estimate of 1940 crop.
Includes 162,000 lbs. of certificated scoured wool in licensed public warehouses.
§ D a t a for 1939 revised; for exports, see table 14, p . 17, and for imports, table 15, p . IS, of the April 1941 issue.
0 T o t a l ginnings to end of m o n t h indicated.
f D a t a for J u l y and October 1940, a n d J a n u a r y and \ pril 1941 are for 5 weeks; other m o n t h s , 4 weeks.
t M o n t h l y d a t a beginning J a n u a r y 1930, corresponding to m o n t h l y averages shown on p . 155 of the 1940 S u p p l e m e n t , appear on p . 18 of the April 1940 Survey.
*New series. For m o n t h l y d a t a on rayon yarn deliveries beginning 1923, see table 41, p . 16, of the October 1940 issue. T h e new rayon price series replaces the d a t a shown
in the 1940 S u p p l e m e n t ; earlier m o n t h l y d a t a will be shown in a subsequent issue.
©Revisions for 1940 not shown above: Woolen and worsted broad looms—Jan.. 1,854; Feb.. 1.589; Mar., 1,128; Apr., 1,086; M a y , 1,223. Spinning spindles—woolen, Jan.,
73,269; F e b . , 70,811; M a r . , 55,952; Apr., 54,205; M a y , 60,582; worsted, Jan., 71,289; Feb., 67,492; Mar., 51,867; Apr., 51,298; M a y , 61,192.
S-37
SURVEY OF CURRENT BUSINESS
August 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
June
1940 Supplement to the Survey
1940
June
July
August
September
1941
Novem- Decem
FebruOctober
ber
ber ! January ary
I
March
April
May
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. of doL.
Pyroxylin-coated textiles (cotton fabrics):
Orders, unfilled, end of mo..thous. linear yd..
Pyroxylin spread
thous. of lb
Shipments, billed
thous. linear yd...
(0
3, 495
28.8
6,437
2,403
30.4
6,304
3,377
44.6
6,400
4,273
50.7
6,499
3,734
0)
0)
0)
0)
1,894
2,229
9, 558
7,151
7,138
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)
r
0)
0)
2, 894
3,694
5,463
5,718
0)
0)
I1)
0)
r 5, 704 ' 6, 004
3,896
5,993
5,881
4,443
6,262
6,499
0)
0)
0)
0)
r 4, 505
0)
5, 769
r
5, 520
6,759
7,100
5, 588
6, 931
7,317
6, 173
7,315
r
7, 906
T
5, 166
TRANSPORTATION EQUIPMENT
AIEPLANES
Production, domestic civil aircraft§_. .number.
Exports}
.
do...
599
372
665
235
383
802
284
938
334
697
287
509
366
645
458
574
344
597
481
593
571
511
6,299
1,382
8,774
3,523
9,877
1,558
9,005
1,096
8,859
132
8,449
13, 276
611
8,796
8,574
1,036
11,177
9, 405
312
14, 457
490
14, 609
6,463
8,146
11,263
3,727
7,536
6,539
2,339
4,200
5,753
2,591
3,162
16, 857
7,071
9,786
19, 943
9,525
10, 418
18,017
7,782
10,235
15,912
7,246
8,666
17, 252
6,943
10, 309
21,064
8,834
12,230
18, 530
8, 574
9, 902
21,900
9,012
12,957
166, 922 166, 034 137,961 109, 962 151, 899 152, 009 160,956
95,038 92, 744 71,574 55,797 89,475 88,575 93,350
71,241
72, 626 65, 774 53, 711 61,933 62, 928 67,065
642
664
507
541
613
454
492
162,101 141,977 42,111 114, 874 221,253 220,941 253,778
147,186
80, 739
65, 939
509
236, 871
158, 693
89, 541
68, 574
579
248, 288
202, 793
118,369
83,815
608
270, 487
230, 800
99, 582
754
243,103
23, 621 23, 364
13,993 15, 475 21,151
3,410
11,653
1,510
7, 056 10,814
75, 873 269,108 493,223 487, 352 483, 567
46, 823 224, 470 421,214 407,091 396, 531
44, 638 72, 009 80, 261 87, 036
29,050
1,075
1,356
1,808
1,759
1,790
23,195
11,990
500, 863
411,233
89,030
2,032
23,710
10, 647
485, 616
394, 513
91,103
2,131
26,044
12,093
507, 805
410,196
97, 609
2, 666
27,584
12,091
402, 270
374,979
87, 291
2,682
26, 585
9,840
518,748
417,698
101,050
2,408
318,615 315, 246 211,031 148, 000 290, 495 301, 430 334,073
43, 504 50,913 48, 980 39,224 48,356 46,618
51, 095
299,179
61,712
300,406
55,900
420, 058
67,798
489, 074
70,269
515,034
72,170
240, 748
167, 310 110, 659
217, 406 223, 611
235, 422
226, 609
247,083
255, 887
224, 119
235,817
151,661
173,212
198, 064 204, 473
181, 421 174,610
218, 578
168,168
208, 214
187,252
226, 592
253, 282
233. 735
272, 853
AUTOMOBILES
Exports:
Canada:
Assembled, total
.
number..
Passenger cars
do
United States:
Assembled, totals
...do—
Passenger cars}
do
Trucks^
do
Financing:
Retail purchasers, total.
-thous. of doL.
New cars....
do
Used cars
.
..do
Unclassified
do
Wholesale (mfrs. to dealers)
do
Fire-extinguishing equipment, shipments:
Motor apparatus
number..
Hand extinguishers.
._
do
Production:
Automobiles:
Canada, total
____
do
Passenger cars
do
United States (factory sales), total...do
Passenger cars__
_
..do
Trucks
._
do
Automobile rims.
._
thous. of rims..
Registrations:
New passenger cars
number..
New commercial cars
do
Sales (General Motors Corporation):
World sales:
By U. S. and Canadian plants
do
United 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 parts to wholesalers
do
Service equipment to wholesalers._..do
()
(2)
25, 753
8, 538
520, 521
418,983
101,538
2,309
71
37,762
797
130,
404
0)
()
17,930 14, 468
8,739
3,397
344, 636 231, 703
286,040 168, 769
58, 596 62. 934
1,266
825
99,664
145,064
24,019
124, 692 226,169
21,154 116,031
100, 782 97,527
207,934
186,016
217, 120
265, 750
140
126
190
183
214
210
279
140
231
229
139
86
165
117
101
93
172
120
147
98
196
126
185
132
200
139
235
149
199
142
231
125
ISO
156
228
122
180
143
245
115
170
162
244
115
174
182
232
128
108
214
278
132
218
199
282
130
215
208
1,661
1,646
1,642
1,641
1,642
1,638
1,638
1,640
1,642
1,641
1,644
1, 647
1, 650
85
5.2
91,416
69, 140
22, 276
153
9.5
16, 933
9,974
6,959
144
9.0
19, 765
13, 477
138
8.6
18, 456
12, 278
6, 178
131
8.1
16, 892
9,010
7,882
117
7.3
27, 459
18,700
8,759
114
7.1
30,184
22, 738
7,446
109
6.8
34, 202
25. 866
8,336
108
6.7
40, 030
26, 427
13, 603
107
6.6
37, 981
23,787
14,194
101
6.3
41,091
27,756
13,335
90
5.9
55, 404
42, 102
13, 242
94
5.8
64, 027
49, 108
14, 919
4, 802
12. 3
205
234
31
6,653
16.5
97
84
13
6,506
16.2
115
100
9
6,226
15.5
114
108
6
6,276
15.7
130
118
12
6,155
15.4
131
122
9
6,076
15.2
116
103
13
5,914
14.9
115
102
13
5, 853
14.7
120
107
13
5,812
14.7
132
113
19
5, 704
14.1
166
148
18
5, 535
5, 181
13. 1
231
201
30
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
14.0
211
189
22
(U. S. Bureau of the Census)
Locomotives, railroad:
882
232
272
354
146
277
285
269
022
Orders, unfilled, end of mo., total.._number_.
460
515
645
734
839
209
251
315
124
252
244
243
415
468
602
575
686
Domestic, total
.
do
126
115
81
109
249
87
122
125
129
157
188
197
196
Steam....
.._
do
125
200
43
143
122
122
590
118
286
311
387
489
406
Other
...do
68
35
73
54
40
63
05
52
73
30
74
Shipments, domestic, total
..do
44
68
22
5
24
8
0
15
10
8
7
9
Steam
..do
5
11
46
30
23
66
46
40
Other
do
44
39
57
65
Locomotives, mining and industrial:
132
138
Shipments (quarterly), total*
number..
150
67
58
Electric, totalJ
do....
55
67
57
For mining use
do
71
92
Other*
do
r
1
Revised.
* Preliminary.
> Comparable data not available
Temporarily discontinued by reporting source.
§ Designation changed from "commercial licensed" or "civil 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 fire not comparable with data here shown.
TData revised for 1939. See table 14, p. 17 of the April 1941 Survey.
•New series. Comparable data on total shipments are available only beginning January 1940. "Other" includes Diesel-electric, Diesel-mechanical, and gasoline orsteain
locomotives; these are largely industrial; for data beginning with the first quarter of 1939, see p. 55 of the May 1941 Survey.
8-38
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
June
1940 Supplement to the Survey
August 1941
1941
1940
June
July
Sep- October Novem- DecemAugust tember
ber
ber
January
February
March
4,122
4,057
2
2
5, 022
4,987
21
21
5, 448
5, 300
18
18
April
Ma\
|
TRANSPORTATION EQUIPMENT—Continued
RAILWAY EQUIPMENT—Continued
(American Railway Car Institute)
Shipments:
Freight cars, total
Domestic
. ..
Passenger cars, total
Domestic
number do
do
do
1, 588
1,478
5
5
1,543
1,543
28
0
2,356
2,356
12
12
2,888
2,836
10
10
3,704
3,586
10
10
4,134
3,981
8
8
4,624
4,301
54
54
5, 272
5,256
0
14
13
1
14
12
2
16
13
3
13
9
4
19
14
5
11
10
1
4
3
1
12
8
4
17
12
5
11
6
5
24
42
19
23
135
121
14
128
120
8
134
124
10
141
134
165
157
8
180
174
6
202
165
37
206
173
33
242
216
26
266
2L4
52
263
8
217
180
37
o
(U. S. Bureau of Foreign and Domestic Commerce)
Exports of locomotives, total
Electric
Steam
number
do
do
INDUSTRIAL ELECTRIC TRUCKS
AND TRACTORS*
Shipments, total
.
. number
Domestic
do
Exports
do
266
238
28
CANADIAN STATISTICS
Physical volume of business, adjusted:f
Combined index
...
1935-39=100
Industrial production:
Combined index . . _
do . .
Construction
do
Electric power
do _
Manufacturing
do
Forestry
do
Mining
. - _ . . - . do . .
Distribution:
Combined index ._ _ _
do
Carloadings
do
Exports (volume)
. . .
do
Imports (volume)
do
Trade employment
do
Agricultural marketings, adjusted:!
Combined index
do
Grain
-do
Livestock
do
Commodity prices:
Cost of livingt
- do
Wholesale nrires
1926 = 100
Employment (first of month, unadjusted):
Combined index
_ . _ do . .
Construction and maintenance
do...
Manufacturing
do
Mining
do
Service
do
Trade
- - do . .
Transportation
_
do. ..
Finance:
Bank debits
mil. of dol
Commercial failures
.number
110.5
90.0
72
Life-insurance sales, new paid for ordinary t
thous. of doL . 33, 670
Security issues and prices:
New bond issues, totalt
do
96.4
Bond yieldsf
1935-39=10064.0
Common stock pricesf
do .
Foreign trade:
Exports total
thous. of dol - 146, 822
Wheat-.thous. of bu__ 23,114
Wheat
flour
-. thous. of bbl .
114,924
Imports
thous. of dol
Railways:
Carloadings
thous. of cars
Financial results:
Operating re venues
thous. of doL.
Ooeratins expenses
do
Operating income
. . .
do
Operating results:
Revenue freight carried 1 mile-mil, of tons..
Passengers carried 1 mile... mil. of pass...
Production:
Electric power, central stations
mil. of kw.-hr...
112
Pig iron
thous. of long tons-.
187
Steel ingots and castings
do
Wheat
flour
thous. of bbl
120.0
120.9
128.6
130.1
129.0
129.7
128.3
130.5
126.1
123.2
127.9
132.0
132. 1
157.4
124. 2
128.6
136.0
137.3
131.9
130.2
128.6
133.8
137.3
126.5
143.9
169.3
119.4
143.9
134.4
142.3
148. 6
223. 0
114.0
148. 6
132.2
124.4
146.4
143.4
108.8
146.4
124.7
117.1
146.9
278.2
109.0
146.9
123.2
128.0
140.6
187.4
111.4
142.3
117.2
123.5
145.1
244 3
116. 7
141.9
126.2
122.7
138.3
223 8
115.7
134.0
121.3
125.0
133. 5
139.0
115.8
137.3
125. 6
122. 8
139.5
181 5
12<i. 1
140. 3
118 4
121.8
143.3
1S>;> (
129 1
140. S
114 0
140. S
99.3
114.9
154.2
124.6
109.8
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
105.1
118.8
148.2
152.7
115.8
105. 6
122. 9
147.4
153. 6
118.9
108. 1
127. 2
lt>9. 2
150.0
117.9
112. f
13ti 5
196. 3
145 9
116.9
127.3
92.2
167.0
185.3
123. 3
132.8
141.2
113.0
77.3
65.6
105.2
74.6
59.5
110.5
118.2
123.0
106.8
146.4
162.9
107.0
146.9
168.7
94.9
59.7
44.3
97.8
50.8
33.5
93.4
113. 0
117.8
105. 4
227.7
284. 3
94.3
104.9
81.6
105.6
••82.6
r
105. 9
82. 6
106.4
'83.0
107.0
83.3
107.8
108.0
84.2
108.3
84.6
108.2
85.2
108.2
85.9
108. (i
86. 6
109.4
88. 5
120.9
90.5
129.2
166.7
142.5
140.7
90.3
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
135.2
82.5
147.4
169.1
148. 6
147.0
89.4
135. 3
83.0
150. 8
168. 7
150. 2
145. 7
90.5
141.3
100. 2
158. 2
174. 1
158. 3
149. 1
94. 3
2,682
2,623
2,458
3,049
3,208
2,941
79
92
95
79
2,540
2,838
86
2,571
3,527
99
28, 530
28,159
24, 698
26,156
31,210
32, 899
75, 793
101.4
65.5
83,162
101.1
66.1
84,668
100.0
69.3
404, 627
98.9
75.8
108, 976
98.6
74.2
111,622
13, 570
509
90, 705
101,463
11,868
314
89,496
111.360
11,401
576
96, 836
102, 778
9,500
551
86, 287
106, 791 118,404
9,659
17, 278
750
683
108, 645 102, 284
91
66
105
90
2. 984
67
33, 727
28, 326
31, 500
33,700
35, 398
3(5, 172
108, 576 330,167
98.0
97.0
74.5
70.3
84, 235
96.3
71.3
115,271
96.1
66.5
42. 524
95. 8
66.8
78.830
95. 9
65 8
115,119
95. 9
63. 9
98, 711
11, 762
346
102, 302
88, 953
4,880
355
98, 382
100,532 102, 995
11, 623
9,460
559
607
89, 632 107,982
118,425
20, 322
850
106, 268
162. 663
29,623
1.341
12S,09fi
27 ti
240
248
256
252
281
259
231
229
218
250
252
36, 914
27, 557
7,657
38,398
30, 402
6,042
37,409
30,240
5,166
37, 319
29,463
6,248
40, 504
28, 573
10, 257
38, 869
26, 964
10,024
40, 221
28, 602
9,944
36,113
29, 224
5,095
34,620
28, 558
4,318
40, 613
30. 941
7,313
41,887
30, 180
9. 123
3, 504
180
3,260
219
2,987
248
3,385
190
3,547
172
3,371
158
3,772
278
3,131
201
3,127
217
4,001
218
3,818
225
2, 579
89
2,615
96
2,500
89
2,400
105
2,487
109
2,525
110
2,584
110
2,635
103
2,407
91
2,632
102
166
170
172
165
185
176
185
186
173
195
1,170
1,223
1,291
1,636
1,873
1,588
1,076
1.177
1,462
1, 477
2. 693
103
201
1, 661
T
3. 266
84
2, 805
114
2()fi
2,121
Revised.
fData 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. The production and distribution indexes have been completely revised and no comparable data prior to January 1940 are available at this time. Complete 1940 data for production and distribution
indexes are shown on p. 56 of the April 1941 Survey.
^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.
O
INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S38
Pages marked S
Pages marked S
New Jersey, employment, pay rolls, wages_ 9,10,12
Debt, United States Government...,
. ... _...
15
Delaware, employment, pay rolls, wages
9,10,12
Newsprint.,
___
,. ~
34
Department stores: Sales, stocks, collections..
7
New York, employment, pay rolls, wages.. 9,10,12
Monthly business statistics:
Page
Deposits, bank
... „ _ _ _ _ _.
_ _ _ _ _.
_... 13 New York canal traffic
. _ _ _ . ..
20
Business indexes
S-l
Disputes, industrial
„.. _ _ _
_._
9
New York Stock Exchange..
. 17,18
Commodity prices ___
___
S-3
Dividend declaration payments and rates. _ 1,18
Oats—— ____ — __
_-___.__.___-_
25
Construction and real estate _ _,
S-4
Earnings, factory, average weekly and
Ohio, employment. _.
,
9
Domestic trade
S-6
hourly
_.. — — — _ . _ . _ _ _ _ — 10,11,12
Oils and f a t s . . . __„_._..
21,22
E m p l o y m e n t conditions a n d
Eggs and chickens. _ _ _ _ _ _ _ _
.
1,3,26 Oleomargarine. . _ _ _ . _ _ _ _ _ . .
,_.
22
wages
. . .
_
S-7
Electrical equipments
2 , 3 , 6 , 8 , 10,11,33
Orders and shipments, manufacturers' _ _ _ _ _
2
Finance
S-12
Electric power production, sales, revenues..
23
Paint sales__
22
Foreign trade _
S-19
Employment, estimated nonagricultural. _ . _
7
Paper and pulp
1,2,3,4,8,10,11,33,34
Transportation and communicaEmployment indexes:
Passenger-car sales index
6
tions _
S-19
Factory, by cities and States .
._
9
Passports issued
20
Statistics on individual indusFactory, by industries
_ .
7,8,9
Pay rolls:
tries:
Nonmanufactunng _ _
9
Factory, by cities and States___..____
10
Chemicals and allied products.,... S-21
Employment, security operations.
9
Factory, by industries
,__
9,10
Electric power and gas _„__„._.__ S-23
Emigration and immigration..
._
20
Nonmanufactunng industries _
.
10
Foodstuffs and tobacco
S-23
Engineering construction
_
4
Pennsylvania, employment, pay rolls, wages.
9,
Fuels and byproducts _.
S-27
Exchange rates, foreign
14
10,12
Leather and products
S-28
Expenditures, United States Government
15
Petroleum and products.. 1,2,3,8,9,10,11,15,28
Lumber and manufactures
S-29
Explosives
_
_. _
21 Pig iron. _
._
.
,__
_.
30
Metals and manufactures:
Exports
__._. _
__
19
Porcelain enameled p r o d u c t s . . . . .
31
Iron and steel_ _ „ _
.
. _ S™30
Factory employment, pay rolls, wages _ _
7,
Pork
...____.___
26
Nonferrous metals and prod8,9,10,11,12
Postal business..
,„_.„____.
6
ucts,
.
S-31
Fairchild's retail price index _____ _ _. . _ _ _ _
3 Postal savings __.„_
13
Machinery and a p p a r a t u s . . . . S-32
Poultry and eggs.
1,3,26
Farm wages,.
....„„.
12
Paper and printing. „_„ „__
S~33
Prices (see also individual commodities):
Farm prices, index.....
.__
3
Rubber and products __
S-34
Retail indexes _ _ .
.___ — _
3
Federal Government, finances _______
15,16
Stone, clay, and glass products _ _ S-35
Wholesale indexes. „
_..
3,4
Federal-aid highways and grade crossings..™
4, 5
Textile products _
,._______ S-36
Printing........
_ _ _ _ . . _ _ . _ 1,2,8,10,11,34
Federal Reserve banks, condition of... _ _,. _„, _
13
Transportation equipment
S~37
Profits, corporation.
_ _.
._
15
Federal Reserve reporting member banks
13
Canadian statistics...__
._ _ _ S-38
Fertilizers_ _ _
__„__
_ _ . — _ — -_ — _
21 Public relief....
_ . _ 12
Public u t i l i t i e s . . . . . . . . . . . 4,9,10,14,15, 16,17,18
Fire-extinguishing equipment_ ______„___ —
37
Pullman C o .
20
Fire losses_.___
, ._ — . . . _
. . .
5
Pumps.. _ _
32
Fish oils and fish. _ _ . ______
_ _ _ _ . _ . _ _ 22,27
Purchasing power of the dollar
.
„
4
Flaxseed___
......
22
Radiators _ _ _
.___
30
Flooring_____.__________________________ 29,30
Radio, advertising
,_____.___..__
6
Flour, wheat..___.
25
Railways, operations, equipment, financial
CLASSIFICATION, BY INDIVIDUAL
Food products
_
1,2,3,
statistics, employment, wages
1,
4,6,8,10,11,13,14,15,19,23,24,25,26,27
SERIES
2,9,10,12,16,17,18, 20,37,38
Footwear..
____.
. . . 1,2,4,8, 10,11,29
Pages marked S
Railways, street (see street railways, etc.).
Foreclosures, real estate. _ _ „ _. .
._
5
Ranges, electric
__„___
_._.-_33
Foundry equipment _ ,
__- .
32
Abrasive paper and cloth (coated)__ _______
34
Rayon
2,4,36
Freight cars (equipment). „... _
„_
37
Acceptances, bankers'....
12
Reconstruction Finance Corporation, loans.
16
Freight carloadings, cars, indexes . _ _
._
20
Advertising
„____„„
__ _ ____
6
Refrigerators, electric, household_ „ _
.
„ 33
Freight-car surplus
.
20
Agricultural cash income.
.____ — , ,_
1
Registrations, automobiles__«-„
37
Fruits and vegetables_...___ ...
3,24
Agricultural products, foreign trade.___
19
Rents (housing), index__
3
Fuel equipment
._._____,..__,..„
..
32
Agricultural wages, loans._ _ _ _,
_„__„
12
Retail trade:
Fuels.
2,3,13,14,27,28
Air-conditioning equipment-__
32
Automobiles, new passenger
6
Furniture
_ _ 30,31
Air mail and air-line operations
6,20
Chain stores, variety (5-and-10), grocery,
Gas, customers, sales, revenues..
23
Aircraft
.
__ 1,2,8,10,11,37
and other..
,__„_„„..__
.
6, 7
Gas and fuel oils _.._..„.
. _ . ___.__.._
3,28
Alcohol, denatured, ethyl, methanol_.
,__ 21
Department stores
___„_ 7
Gasoline...___
___.
.___.
19,28
Aluminum....,,
.___
_ 31
Mail order...
,_
7
Gelatin, edible_„
27
Animal fats, greases m ._._______....._____... 21,22
Rural general merchandise. _.
7
General Motors sales
. _ _. . _ _ _
__
37
Anthracite— — .
__._„____ 2,3,9,10,27
R
i
c
e
.
.
.
.
.
_
.
_
_
_
.
.
.
.
.
25
Glass
and
glassware.___________
1,2,8,10,11,35
Apparel, wearing..
3,4 6,8,10,11,36
River traffic.. — . . . _
.____
._______.
20
Gloves and mittens. _ _ . „.
.
_____ _ _
29
Asphalt. _ . . . - _ _ . _ . . . .
_„__„
28
Roofing asphalt.
...
.___ _ . _ _ 23
Gold. __
,
. .__
14
Automobiles,. ____
__ 1,2,3,6,8,10,11,19,37
Rubber, crude, scrap, footwear, tires and
Goods in warehouses. _ _ _
.
6
Automobile accessories and parts.
,.____
37
tubes
. . .
1,2,3,4,8,10,11,34,35
Grains......
3,17,24,25
Barley
„__„____„
,__
24
Savings deposits
._
._ 13
,
,_____.
35
Bearing metal
__ _.
,__._
31Gypsum_
Sheep
and
lambs
_._____.
..____.
.
26
Hides
and
skins
_
—
—
_
_
—
—
.
—
.
—
—
28,29
Beef and veal
.
.
._
„___._.
26
Shipbuilding..
1,2,8,10,11
Hogs
.
.
________
25
Beverages, alcoholic. _ _ _ _ _ _ _ . _ _ _ . _ . _ _ - . . _ _ 23,24
Shoes...
_
_
,
_
_
.
1,2,4,8,10,11,29
Home-loan
banks,
loans
outstanding.
___..„..
5
Bituminous coal.__._____
___„__. 2,3,9,10,27
Silk...
._-_ — __-.
- _ _ _ _ _ _ _ _ _ - _ - 2,4,36
Home mortgages _. ._______.
____..
5
Boilers.._____
_________„..._...__„____ 30,31
Silver
_
15
Hosi ery . _ — _.__._._._____.„_
. . . 36
Bonds, issues, prices, sales, yields.-.__,„__ 16,17,18
Skins. ______
. . .
28,29
Hotels.—___. — ___._ — —
______---__
20
Book publication. ._„„_______„__„_„„__.....
34
Slaughtering
and
meat
packing...
__
1,
Housing. _ __.. „_„____..
.____.
_ _ _ _ _ 3,4
Boxes, paper™. „__
,.__ ._„ —
34
2,8,10,11,25,26
Illinois, employment, pay rolls, wages,.__ 9,10,12
Brass and bronze....
. . . . ___„„_.„_____
32
Spindle
activity,
cotton,
wool
„„_._„_
36
"mmigration and emigration
___ — „__
20
B r i c k — . _ . . _ _ . . — ._
_— .._..
35
Steel and iron (see iron and steel).
Imports.
_ 19
Brokers' loans
._.
_____„_..
. . . 13,17
Steel, scrap, exports and imports__.._,___
30
income payments
. _„
1
Building contracts awarded.__.
4
Stockholders.
18
income-tax receipts..—— ___„ —___ _ __
15
Building c o s t s . . .
,__, _ _ - _ . _ _ . _ _ _
5
Stocks,
department-store
(see
also
manuincorporations, business, new
,
6
Building expenditures (indexes)
___. — —
4
facturers' inventories).
. . . . .
7
industrial production, indexes.___ _
_ 1,2
Building-material prices.
,_„„ . . . .
3
Stocks, issues, prices, sales, yields.._ 16, 17, 18
instalment loans.
.
. . . . 13
Butter _ _ _ _ _ .
. _ . . _ _ _ — ___-.
24
Stone, clay, and glass products.
__„
1,
instalment sales, New England______-__ —
7
Canadian statistics._„
._
14,19,37,38
2,8,10,11,13,14,35
insurance, life
,_____ — __
..
.____
14
Canal traffic „ _
_
. _ __
_ 20
.
„„„__ 9, 10
nterest and money rates. _ _ _ ,. _ _.
13 Street railways and buses
Candy___.
_ _ . _ _ _ - _ - _ _ — __ — -_
27
Sugar.
_
.
._„»__„_.__.___
_ 26
nventories, manufacturers* „ ... _ ... _ _ _ _ _______
3
Capital
flotations.
„__„_„_ 16,17
Sulphur. _ _
21
Iron and steel, crude, manufactures. „_-.__..
1,
For productive uses
,____.
17
Sulphuric
acid
_
.
_
_
21
2,3,4,7,8,9,10,11,13,14,15,30,31
Carloadings
___,„
__ — . — — _ — __
20
Superphosphate
21
Ironers, household
_____„_.__„_
33
Cattle and calves.......^
25
Tea.
,
26
Kerosene™
__________ _ _ _ _... _ — _ . — —
28
Cellulose plastic products™
____.
23
Telephone, telegraph, cable, and radioLabor, turn-over, disputes... _„„.._
—,_ 9
Cement
__„
1,2,3,35
telegraph carriers
...
. . . 9,10,15,21
Lamb and mutton..
. _ _ . „„__
26
Chain-store sales__
__„
6, 7
Textiles..._.______
2,4,8,10,11,12,13,14,36,37
Lard _
.
26
Cheese
.
.
__
24
Tile___
—
________
.
_
_
_
_
_
_
—
_____
35
Lead......
_.
_ __ _ _ _ . _ _ . _ 2,32
Chemicals
__„__ 1, 2,3,8,10,11,13 f 15f 21
Tin...
..______-_.
. - 32
—
1,2,4,8,10,11,13,14,29
Cigars and cigarettes
, .
_.___
27Leather —
T
o
b
a
c
c
o
—
..--_____>
2,8,10,11,12,27
Linseed oil, cake, and meal___„___
22
Civil-service employees
____.
9
Tools, machine.-..„___
8,10,11,32
Livestock
.
25,26
Clay products
1,2,8,10,11,13,14,35
Travel..____.-__
20
Loans, real-estate, agricultural, brokers*. 23,30,31
Clothing (see also hosiery)........... 3 , 4 , 6 , 8 , 1 0 , 1 1
Trucks and tractors, industrial, electric.__
38
Locomotives..
„..,._...__.___________ 37,38
Coal
....__.________.2,3,9,10,27
United
States
Government
bonds
17
Looms, woolen, a c t i v i t y . . . . . .
_________
36
Cocoa
___
_ _.
26
United States Government, finances_.
15,16
Lubricants
_ ..
,._____
28
Coffee _
_
26
United
States
Steel
Corporation....
18,31
Lumber. _ —
1,2,3,7,8,10,11,29,30
C oke
28
Utilities
_ . . - . _ 4, 9,10,14, 15,16,17,18
Machine activity, cotton, wool ____________
36
Commercial failures_
13,14
Vacuum cleaners
.
_ 33
Machine tools..________ ___— — — — 8,10,11,32
Commercial paper____
_______ — . 12,13
Variety-store sales index
.__- 6
Machinery ______ ,1,2,3,8,10,11,13,14,15,19,32
Construction:
Vegetable
oils
_
_
.
.
_
. 22
Magazine advertising_ _
. ,._„__
6
Contracts awarded ____________________
4
Vegetables and fruits.
3,24
Manufacturers' orders, shipments, invenCosts
_
„.
5
Wages,
factory,
and
miscellaneous
.
10,11,12
tories
_..___.
2,3
Highways and grade crossings.,..
4, 5
Warehouses, space occupied
.
6
.
1,2
Wage rates _ _ _ _
_
. _ _ ______ _ _ _ _
12 Manufacturing indexes. __ _ _
Washers, household
.__„_.
___
.
33
Maryland, employment, pay rolls _ _ _ . . _ _ - . 9,10
Copper
31,32
Waterway traffic
_
20
Massachusetts,
employment,
pay rolls,
Copra and coconut oil_ _ _
___.._____
22
Wheat and wheat
flour
. . ___ 19, 25
wages
..
.
_
9,10,12
Corn
24,25
Wholesale price indexes_ _ _.
3,4
Meats and meat packing
1,2,3,8,10,11,19,26
Cost-of-living index
____
3
Wire cloth—
_ _ . . _ — 32
Metals—_
1,2,4,7,8,9,10,11,14,15,30
Cotton, raw, and manufactures..
2,3,4,19,36
Methanol _.,
___
._____.__
__
21 Wisconsin, factory employment, pay rolls,
Cottonseed, cake and meal, oil
22
and wages____-____--__.
___.__,._ 9,10,12
Mexico, silver production
,_.
......
15
Crops..
.
_ _ _ . 1,22,24,25,27,36
Wood pulp
33
Milk_
24
Currency in circulation
15
Wool..— —_"II"II —1 — 1 —— I — I — . - 2,4,36
Minerals
2,9,10
Dairy products
,_.
24
Zinc......
-— —_ — — 32
Naval stores.
.......___.__.__._________ _
21
Debits, bank
____ —
„____
12
CLASSIFICATION, BY SECTIONS
@FedFRASER