Full text of Survey of Current Business : November 1943
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NOVEMBER 1943 SURVEY OF ENT J BL JL UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE Survey of CURRENT BUSINESS NOVEMBER 1943 VOLUME 23, No. 11 Statutory Functions "The Bureau of Foreign and Domestic Commerce . • .to foster9 promote, and develop the foreign and domestic commerce of the United States" [Law creating the Bureau, Aug. Contents 23, 1912 {37 Stat. 408].] Page Department of Commerce Field Service Atlanta 3, Ga., 603 Rhodes Bldg. Boston 9, Mass., 1800 Customhouse. Buffalo 3, N. Y.f 242 Federal Bldg. Charleston 3, S. C , Chamber of Commerce Bldg. Chicago 4, HI., 357 U. S. Courthouse. Cincinnati 2, Ohio, Chamber of Commerce. Cleveland 14, Ohio, 750 Union Commerce Bldg. Dallas 2, Tex., Chamber of Commerce Bldg. Denver 2, Colo., 566 Customhouse. Detroit 26, Mich., 371 New Federal Bldg. Houston 14, Tex., 603 Federal Office Bldg. Jacksonville 1, Fla., 425 Federal Bldg. Kansas City 6, Mo., 724 Dwight Bldg. Los Angeles 12, Calif., 1540 U. S. Post Office and Courthouse. Memphis 3, Tenn., 229 Federal Bldg. Minneapolis 1, Minn., 201 Federal Bldg. New Orleans 12, La., 408 Maritime Bldg. New York 18, N. Y., Room 1950, 500 Fifth Ave. Philadelphia 2, Pa., 1510 Chestnut St. Pittsburgh 19, Pa., 1013 New Federal Bldg. Portland 4, Oreg., Room 313, 520 S. W. Morrison St. Richmond 19, Va,, 601 Atlantic life Bldg. St. Louis 1, Mo., 107 New Federal Bldg. San Francisco 11, Calif., 307 Customhouse. Savannah, Ga., 403 U. S. Post Office and Courthouse Bldg. Seattle 4, Wash., 809 Federal Office Bldg. ECONOMIC HIGHLIGHTS 1 THE BUSINESS SITUATION 2 September Income Payments Fail to G a i n . . . . 2 Business Inventories Rise in September 3 Transportation 4 Foreign Trade of the United States 5 REVISED ESTIMATES OF SALES OF RETAIL STORES . . . 6 BUSINESS DISCONTINUANCES, 1940-42 . . . . . 15 STATISTICAL DATA: Monthly Business Statistics General Index S-l Inside back cover Published by the Department of Commerce, JESSE H. JONES, Secretary, and issued through the Bureau of Foreign and Domestic Commerce, Amos E. Taylor, Director. BUSINESS, $1.75; Foreign, $2.50 a year. Subscription price of the monthly SURVEY OF CURRENT Single copy, 15 cents. Price of the 1942 Supplement is 50 cents. Make remittances" only to Superintendent of Documents, U. S. Government Printing Office, Washington 25, D. C. Economic Highlights Farm Marketings to Set High Record for Year American farmers this year will almost certainly market largest volume of farm products in Nation's history. Actual marketings for first 9 months of 1943 were 6 percent ahead of similar 1942 period. September marketings declined sharply on seasonally adjusted basis, as had been expected, but fourth quarter marketings will be heavy enough to ensure a record-breaking volume for year as a whole. Livestock and their products marketed during first 9 months have run 8 percent ahead of similar 1942 period, while crop marketings were only 2 percent ahead. Fourth quarter marketings are usually very heavy in case of crops; last year 37 percent of year's crop marketings came in last quarter. Should that same proportion come to market this year, 1943 crop marketings would exceed those of 1942 by about 2 percent. Of total 1942 livestock and products marketed 27 percent moved during fourth quarter. If same proportion were repeated in 1943, this year's total marketings of livestock and products would exceed 1942 by 8 percent. Average prices received by farmers remained steady in September at highest level since 1920. Most major price groups rose during the month but were offset by a sharp decline in potatoes seconded by wool and tobacco. In August, the combination of record highs in both prices and farm marketings carried INDEX, 1S35-39- 100 300 MONTHLY DATA, EXCEPT PRICES, ADJUSTED FOR SEASONAL VARIATIONS MONTHLY AVERAGE FOR THE YEAR 250 200 h CASH INCOME FROM FARM MARKETINGS (EXCLUDES GOVERNMENTAL PAYMENTS) 150 PHYSICAL VOLUME OF FARM MARKETINGS V I 'ooh^y-. PRICES RECEIVED BY FARMERS I I iM! 1 Farm Marketings and Prices Received by Farmers. cash income from farm marketings, seaConstruction Activity Continues to sonally adjusted, to an all-time peak of Decline 265 percent of 1935-39 average. September drop in seasonally adjusted farm New construction activity in contimarketings with prices steady resulted nental United States has now completed in sharpest decline in seasonally adjusted a full year's decline from war period and cash income from farm marketings in all-time peak attained during third several years. For 9 months ending quarter of 1942. Construction during September 1943, cash income from farm war period, as chart strongly emphasizes, marketings was 29 percent ahead of corhas been primarily military and naval responding period last year. and industrial construction for GovernBILLIONS OF DOLLARS ment account. Hence private building during 1943, which will total about 1.6 5 billion dollars, has been one of most thoroughly deflated of all private businesses. Only in 1933 and 1934 was private building lower in last generation. At war boom peak just a year ago, TOTAL NEW CONSTRUCTION*. private construction formed only 15 percent of total construction. Pendulum has started to swing back, and during third quarter just ended, private construction was 24 percent of total. Residential and all other construction at last year's wartime peak, was only 26 percent of ail construction with military, naval, and industrial forming the balance. In third quarter of 1943, residential and all other construction in progress had climbed up to 43 percent of total as war construction shrank. All other construction rose slightly chiefly because of seasonal advance in highway construction. 1st 2nd 3rd 4th 1st 2nd 3 r d 4 th 1st 2nd 3rd 4 th 1 st 2nd 3 rd 4 th I st 2 nd 3rd 4 th Qu. Qu. Qu. Qu. Qu. Qu. Qu. Qu. Qu. Qu Qu. Qu. Qu. Qu. Qu. Qu. Qu. Qu. Qu. Qu. Further tapering off of war construction is expected to bring fourth quarter 1943 1941 1939 1940 1942 D.D. 43-236 total below 1.5 billion dollars. Aggregate for year will thus fall below 8 bilNew Construction Activity, Excluding Work-Relief Construction, in Continental lions compared to 13.5 billions last year. United States. 5 5 4 7 5 •"> 1 • >— 1 SURVEY OF CURRENT BUSINESS November 194 The Business Situation IV,1OST significant of October and third -*-'-*- quarter economic developments was the failure of Government expenditures for war and for all purposes to equal those of the second quarter. Second quarter expenditure^ are, therefore, as may be seen in chart 1, the peak for the war period to date. Hence while it is probable that the second quarter peak will again be equaled or exceeded in the near future, it seems a reasonable inference that further increases in national income based on Government spending will be relatively small, The other factor, i. e., private investment and consumer spending, which in normal times can motivate broad changes in national income, will very probably remain for the duration of the war under the restraint of controls and shortages. Neither of these can, upon the assumption that the restraints remain effective, initiate large increases in national income in the near future. To the extent that the above premise is correct, any very large increases in the national income during the remainder of the war emergency period can come only from inflationary factors. The future trends in average prices, wages, and cost of living are thus of basic importance. Rising costs for various types of essential products necessitate a choice between subsidies or other production aids and higher ceiling prices. A widespread movement to lift wage rates would, if unchecked, result in larger incomes for some and higher costs for others, starting the familiar spiral. These and other aspects of the omnipresent inflation problem are increasingly becoming the key to the near future trend of the national income in current dollars. This conclusion finds some support in the creeping rise of industrial production in recent months. Further increases in the national income from increased production cannot be very great now that the Nation is approaching full employment of its resources. Total industrial production, as measured by the revised Federal Reserve index, seasonally adjusted, rose only one point in September to 243 (1935-39=-100) and, according to indications available in early November, by the same amount in October. The September rise was confined to durable manufactures and to minerals while nondurable manufactures remained unchanged. Although transportation equipment, iron and steel and other "war" industries led the rise of the durables, total munitions production in September registered only a nominal increase, perhaps due to the shorter month. Notwithstanding the retarded rate of increase in production, the trend of manufacturers' new orders (discussed in more detail in a later section) is still upward. In the durable goods line where munitions output forms a high proportion of the total, incoming orders are still in excess of shipments so that backlogs continue to rise. Because of the ur gent demand for these products, the trend of their output will undoubtedly continue upward. Among the factors retarding the rise of industrial production, material and equipment shortages are still prominent but lack of manpower remains the chief bottleneck directly or indirectly underlying the others. The number of industrial areas where acute labor shortages exist rose from 71 on October 1 to 77 a month later, or 22 percent of the 351 areas classified by the War Manpower Commission. At the beginning of this year, only 11 percent of the 272 areas classified were experiencing acute labor shortages. There has been a steady rise in the proportion having acute shortages since then, and an equally steady decline in the proportion enjoying an adequate supply. The governing factor in the labor outlook is the continued shrinkage in the civilian labor force which stood at 52,600,000 in October, a drop of 1,400.000 in 12 months. Thanks to a cushion of unemployment which was reduced from 1,600,000 to 700,000 over that period, total employment in October was only half a million below October 1942. From September to October, the labor force shrunk 700,000, largely on a seasonal basis as students returned to school. The chief impact of this manpower drain has fallen on nonagricultural employment which dropped 700,000 in the year ending in October. Manufacturing, Government, and transportation and public utility personnel has grown at the expense of mining, construction, trade and service. The employee roster in manufacturing establishments attained a wartime peak in August at 16,245,000 but receded from it in September by about 40,000. Of the 20 major groups of manufacturing industries, 13 suffered losses of wage earners in that month. Labor turn-over continues high and accentuates the manpower problem. Better utilization of existing personnel and longer hours of work are being increasingly emphasized as the chief solutions of the manpower shortage. September Income Payments Fail to Gain For the first month since our war effort began in earnest, income payments failed, on a seasonally adjusted basis, to make any substantial gain in September. The income streams that have in recent years accounted for by far the largest part of the increases in income payments have, as shown in table 1, been: (1) manufacturing pay rolls, (2) Government pay rolls, and (3) net income of farm operators. The month-to-month gains of all three components have been tapering off over the last year. Hence the sharp decline in seasonally adjusted net income of farm operators in September was not much more than offset by the Chart 1.—Budget Expenditures of the Federal Government BILLIONS OF DOLLARS 10 TOTAL EXPENDITURES (INCLUDING DEBT RETIREMENT) Ss 1940 T 1941 Source : I . S. Treasury Department (daily statement). 1942 1943 DO, 4 3-355 SURVEY OF CURRENT BUSINESS November 1943 industries producing war goods, increased less than 1 percent from August, Shipments of the transportation equipment industry dropped by about 2 perlent from August, tho first month-iomonlh decline since March, This r( fkcis in part somewhat lower deliver!* * . nl aircraft, and parts, Fable 1.—Seasonally Adjusted Income Payments to Tndhiduai^ [MiilloM- of dollar.-] 'riiu.i l-.,mt v, ! d ! lin-1 • t i l l i t f«• 1 • . J . i . - U . ' 2'» ."-'1 ' . . l . M . J ' . , i 'i>M t 2i>l ' '*. M 2 * ti . ' , 1 1 - ' , .1 1572 , l i - * 2 U . 12 -•*•€ ; *"' | > 1 2 U " 1,20" ' I, "-s ' I at»le 2.— r.Nlimat<-fl \ a l n r of 6$ii-»im*sImcntorH*** and lnd«»\<is of \iamifa«'tiiror*** Shipments- and - " * Orders V* \\:,m. N d i i . i A 1 K u l t m isi M i i i i ' r : u t u n i i e p a \ uAh i J o \ ci n t i u n ' p n \ t o l l s •• " N<.! i n c o m e oi l a t i n (jpoi A l l U i f i i i u dTiu' p a v i t i ' 1 7,7'u j ( l j 2. i7(» ' 2 */:> - '.».'•. * 37.* | '• ( ' 2 ' i , ]'», 171 i urn I s *).'*> .J ' ] • • li; I "- '*•'» .!. - s , i,2?" 1 ' . , "i<« I 1 7 <'*«7 i ".• , i ' ("Mini r ' ( 'I <ital u i ' vino ' h m : i ' i'r.,i>i p j • 11 d i i <n.ilium 1 pa} n.cnN V/ncultuiul M jiiuf.u'1nui«i: pa> loll* (luAci p m e n t p a \ iolN \ ( ' t IMCOltJO Ol I IU 111 o p e t . l t o All o t h e i m c o n u p , i \ i n c u t s I. •••i2 . 1M ! i| 7,T>7 i \ A\:> i 27,811 2 7 . r»7*> 17,;>77 7 .r.» i c, 12;* -1,2-!" i 3 . S 7 it s ov-i 3 C h a n g e I m m p u H u l m u p w m d . s h o w n \\\ U»\M i i> 111 rhan<i<" lioin [tn-ccdmtr p e n o d , show n ,'i IOWJ" pat t ( oJl l i l l 11. 1 l l o i n J u t h .n and u im d toie» a j i u ' l u d t s Kt-dtM-il, State, n i d loial l i i m - i m m i i h pi . M i r t d S v u u v V S I)c pat t m c t u of <\jiiiTncrt t\ of i f i M D u P i f ' t i n v i s sin; nls / 'a\cr'r r c month IWA'r 1 • «• Manufacturers' inventories increased 100 million dollars during September, following the substantial rise of almost 200 million during August, Inventories of the automobile industry were somewhat lower at the end of September from the end of August. The changes in other major durable goods industries were mixed, but in each case were relatively small. Manufacturers' inventories of most of the major nondurable goods industries were reduced during September, although in none of the industries was the drop more than 2 percent, This is in contrast to the previous month when there was a general seasonal rise in the inventories of these industries. Manufacturers' shipments reached a new record high in September and represented a gain of about 1 percent from August. Shipments of the durable goods industries, which include most of the opt All iudustries.... Durable foods Nondurable go 221 27<) e All industries D u r a b l e goods -. N o n d u r a b l e good.*. 187 J7; ](i7 •im'factun'i\s' nev <);i«)—100). (Janu 282 423 1?33 •HHi 191 3U7 J92 1 Preliminary. Source: TJ. S. T>op,T?mt w .if r . » i n n i e n - Deliveries of the nondurable goods industries increased 2 percent from August to September on a daily average basis. Most of the rise was due to heavier shipments of the food industries, particularly canning and preserving, and is partly seasonal in character. Shipments of the other major nondurable goods recorded minor increases. New orders received by manufacturers increased by more than 2 percent from August, although the September volume was still considerably below the Chart 2.-—Business Inventories at YAH\ of Month BILLIONS OF DOLLARS 20 1 16 " ~"i~- " " ^ MANUFACTUi 9ERS*~~*ptf -- 12 - — 8 -x RETAILE s 4 4LERS 0 M M DEC. 1938 continued rise, even though at a slower rate, of the other income streams. Although it is unlikely that any one of the three types of income mentioned has as yet attained its maximum for the war period, it is clear that further advances, apart from those of inflationary character, will be definitely of smaller magnitude. Manufacturing pay rolls will show smaller increases as employment approaches a maximum and stabilizes or declines, and as wage rates are stabilized. Government pay rolls will become stabilized as the personnel of the armed forces and the war agencies reach their peaks. Farm income will cease to rise and level off when maximum output is reached at stable prices. Inflationary tendencies, however, could obviously prolong, and even accelerate, the rise of these income streams, especially the first and third, considerably beyond present levels. Business Inventories Rise in September The value of business inventories increased 250 million dollars during September, reaching a total of 27.8 billion dollars at the end of the month. Further stockpiling by retailers accounted for about one half of the rise. In anticipation of a much earlier Christmas trade this year, retailers increased their inventories by 400 million dollars during the third quarter. General merchandise stores and apparel stores, because of the relatively more plentiful supply of many nondurable goods carried by them, were about the only lines of retail trade that were able to add significantly to their Inventories. Most of the increase during the quarter was due to the expansion in these stores. Inventories of wholesalers recorded little change during September, the slight decline in inventories of durable goods establishments being almost offset by a slight rise in the nondurable goods establishments. Chart 4 shows the situation through August. :•<) c'il i :^, 17,^2 S 17. H!» Ton.) Manufui't Homilws 1 I l i i l 1939 M ! ! ! 1 I! 1 II | II ! i 1 M M I M II 1 1 M M ; 1940 1941 1942 M i M M 1 t 1943 DO 43-423. Sourer: W S. D e p a r t m e n t of Commerce. SURVEY OF CURRENT BUSINESS June peak. New orders received by the machinery industry showed a change in trend from the last two months. Demands continued to increase for iron and steel products and other durable goods. Transportation The Nation's carriers, as shown in chart 5, continue to deliver an ever larger volume of commodity and passenger transport service. All former records of rail freight traffic, as measured by revenue ton-miles, are being exceeded. Freight movement reached about 67 billions in October, an eight percent increase over October 1942. It is estimated that revenue tonmileage in the final quarter of 1943 will be 188 billions or only 4 billions below the third quarter volume. Furthermore, it is expected, on the basis of the present outlook, that traffic during the first half of 1944 v/ill be about 380 billion revenue ton-miles, or an increase of 8.8 percent over the first half of 1S43 and equivalent to the volume during the last half of 1943, The outlook, therefore, is for rail traffic to hold consistently above levels of the corresponding periods of the previous year, even though the October 1943 volume probably will not be exceeded until next October, The arrival of winter means more difficult operating conditions, such as the need for added motive power for a given train to offset increased journal friction and loss of locomotive heat at low temperatures, and the retarding of loading and unloading in severe weather. Greater pressure is being placed on carriers serving the Pacific Coast due to military and Lend-Lease demands. Some additional burden may be shifted from motor carriers to the rails. Manpower shortages still loom as a threat to increased performance. The accident hazard has risen under present conditions. Finally, there is little prospect for a substantial increase in new equipment. The number of serviceable cars owned by class 1 roads on October 1, 1943, was 1,698,550, compared with 1,690,570 one year earlier, an increase of 0.5 percent, while revenue ton-miles rose by an estimated 9 percent during the same period. Some further increase of serviceable supply in the next few months will be made possible through increasing deliveries of new cars. During the last quarter of this year, new installations are expected to average between 3,000 and 4,000 a month. Assuming no further additions to active car supply can be attained through reducing either car surplus or the unserviceable supply, new installations would increase total rail freight-car capacity by less than 1 percent. The supply of serviceable steam, and serviceable electric and Diesel locomotives is also expected to increase some but not enough to effect a substantial increase in tractive capacity. To meet the traffic demand during coming months, the Office of Defense Transportation has inaugurated a program of attempting to increase over-all freight train performance by 10 percent through cooperation with carriers, shippers and receivers, other Government November 1913 Chart 3.—Volume of Transportation by Type l (INDEX, DAILY AVERAGE 1 9 3 6 - 3 9 = 100) INTERCITY MOTOR TRUCK "FOR HIRE" LOCAL TRANSIT, PASSENGER J F M A M J J A S O N D J F M A M J J A S O N O J F M A M J J A S O N D 1 Indexes for commodity and passenger traffic (except local transit) are based upon ton-miles and passenger-miles, respectively ; index for local transit is based upon number of passengers. Source : U. S. Department of Comnrerce. agencies, and the public. In an attempt to appraise the extent to which the railroads may raise their efficiency, as well as to determine the proportion of capacity now being utilized, the following analysis was made of 48 large steam railways accounting for 90 percent of net tonmileage of all class 1 roads. Gross ton-miles per train-hour were used as the best measure of performance because they show the amount of work done per unit of time and take into consideration empty as well as loaded car mileage. Maximum net ton-miles are used to measure railroad capacity. There are shown in table 3 the maximum performance ratios attained by the roads of eight regions in recent years in comparison with their achievement in August 1943, The average performance in Au- gust was only 96.7 percent of the average maximum performance of the 48 roads, indicating that, under certain conditions, efficiency could conceivably be raised by at least 3.3 percent over that of August. The above measure assumes that the number of trains would be unchanged. Under present conditions, the ultimate current capacity of the roads is more significant than obtaining the optimum performance, since the maximum load must be carried to meet wartime demands. Table 3 therefore presents a comparison of maximum net ton-mileage performed in recent years and the net ton-mileage in August. This comparison, which allows for changes in the number of trains run, reveals a 3.5 percent margin of capacity that could perhaps be utilized. Such utilization would depend SURVEY OF CURRENT BUSINESS November 1943 in an important degree on the geographic Chart 4.-—Exports, Including Reexports, and General Imports distribution of the additional traffic ofMILLIONS OF DOLLARS 1400 fered. In table 3 are shown also the regional variations in the maximum performance and capacity attained. The seven northwestern lines all carried their maximum ton-mileage which is here used 1200 as an estimate of their present maximum capacity in August and all but one of them reached maximum performance in the same month. On the other hand the 1000 performance of three New England roads in August was below their maximum performance attained in 1942, while their August traffic volume was also well below EXPORTS, INCLUDING REEXPORTS their maximum capacity of recent 800 months. With August performance only 3.3 percent below the maximum, it seems clear that any substantially heavier traffic 600 could be handled only by increasing both performance and capacity to the utmost. With capacity increases limited by manpower and new equipment shortages, it 400 seems likely that greatest reliance must rest on increased performance. This is becoming increasingly difficult, however, as diminishing returns reduce the gains made. For instance, the extent to which 200 heavier loading per car v/ill permit greater ton-mileage depends on its efGENERAL IMPORTS fect on turn-around time. Heavier loading tends to increase loading and unloading time, terminal and switching time, 1939 E940 1941 1943 and the number of transfers, while it has Source : H. S. Department of Commerce. some influence in adding to empty car movement and idle-car-days. It may December 1941. This has been accomdecline, as only about 100 of 7,500 new also lead to a decrease in average train plished with half the number of planes. units scheduled for the last half of 1943 speed. will actually be delivered by the end of Foreign Trade of the United Stales The main steps in the ODT program this year. The present outlook in reare emphasis on continued reduction of Changes in the foreign trade situation gard to additions of new equipment loading and unloading time through coover the past 9 months clearly indicate during 1944 is not promising. operation with the Shippers' Advisory the considerable Increasing use is being made of the United States insuccess achieved by the Boards; further trimming of cross- and synchronizing its total rivers and internal waterways in transexcess-hauling; and extension of the productive effort with the requirements porting petroleum and its products. ODT plan of moving merchandise loads of a United Nation's victory. Exports, Together with pipeline deliveries, which direct to destination or distant gateways, as may be seen in chart 6, continue to have risen to over 400,000 barrels a day, by-passing nearby transfers and utilizdominate the picture. Although the the use of tank barges has eased the rail ing cars that otherwise would move in September 1943 value of exports, 1.2 bilburden in meeting East Coast demands the same direction empty. lion dollars, is a fraction below the July for petroleum. Great Lakes iron ore Rail passenger traffic continues to inpeak, the third quarter level is 19 percent carriers are performing with a high decrease and is in excess of 1942 volume by above the preceding quarter's total, and gree of efficiency in order to meet the an amount relatively greater than in 50 percent above the figure for the first reduced goal of 86.5 million gross tons the case of freight traffic. Some diver3 months of the year. The 1943 9-month during the 1943 season. During July and sion to the railways of traffic now being total of over 9 billion dollars is 65 perAugust all former records were broken. moved by intercity buses may occur as cent higher than the level for the similar Domestic airline traffic, in respect to a result of manpower and equipment interval of 1942 and about 10 percent both passengers and express carried, conshortages. greater than the value of goods exported tinues to climb with the addition of only Intercity for-hire truck traffic since Table 4.—Foreign Trade of the United a few planes. Express pound-mileage June has shown a sharply declining rate States, First Nine Months for Selected has nearly doubled since United States of increase over the corresponding Years. entry into war, while revenue passengerperiods of 1942. Equipment shortages 1943 1 1942 1941 1937 1920 have been an important factor in this mileage is half again as high as in 1 Exports (including: reTable 3.—Performance and Intimated Current Capacity of tti CJa*s I Railroads U I! ixiinum o ^ ton N e w Knaland railroads . . Great Lakes railroads C e n t r a l Eastern railroads . I'oeahontas railroads S o u t h e r n railroads N o r t h w e s t e r n railroads C e n t r a l W e s t e r n railroads . S o u t h w e s t e r n railroads n U liu-hou'", An MJst lit ^ n ( i t'.un1 i'U! pi 1 ,onth ' 3 10 7 2 0 7 7 G Net tot M lunmin Au mi «t 1««1 {' Pi'i ton ' UMles pel ! - - _ month, | Percent of millions i \ ,,, 1 31 M.» 1 7. )ss V- ;.i.f. .i'2 ^(> 3(< 3,iO 1 V1 0 \umtei , .-S3, 17^ . 15. S91 , r..:c* i t :i. 07s 1 .i2 071 39, Ub 3s .TO 3.», 5 n m i \ n nun M6 u t; Ml) 9') •id \ 97 s ( l9 91 1 s s ! '.239 ; 11 975 12, 193 1.575 7 6t5 7! 19". !3. 3M) 5. 5s(, 1 115 11 615 12, 109 4 393 6 915 7 491 12 897 5 299 •'.l.OM , "~ 61 864 tO l)2\) . ^ (,«:, ' %\ 7 D e p a r t m e n t of C o m m e r c e c o m p u t a t i o n><* 1 a s ( ( | ,,„ ]" T.teisiote Coinn e t c ( C om n i^^ior. data 2 DitTerem recent" m o n t h s in which m a x ima O C ( H I M ( i <>i, 1 h< i i h l n i d u <il n ma 48 railroads. toti;l_ofal.ovo_ 1 90.1 97.1 99. 3 96.0 90.8 100.0 96. 4 94. U 96, f exports), millions of 9,196 5, 575 3, 336 2, 379 dollars Index of u n i t value, exports of U. S, merchandise, 1941 = 100 * 141 125 100 101 Index of exports in c o n s t a n t 1941 dollars 100 70 196 133 (ieneral i m p o r t s , millions of dollars 2, 448 2,015 2,416 2, 427 Index of u n i t value of imports for cons u m p t i o n , 1941 = 100 2 128 120 100 100 Index of i m p o r t s in 70 100 102 80 constant 1941 dollars 0, OSO 3 220 83 4, 358 3 254 7! » V a l u e t o t a l for 1943 is p r e l i m i n a r y a n d subject to further revision. 2 Based on data for first 8 months only. 3 Averages for 12 months used as representative of 9rnonth period. Source: [7. S. Department of Commerce. (Continued on page 20) SURVEY OF CURRENT BUSINESS November 1943 Revised Estimates of Sales of Retail Stores By William C Shelton and Bernard Beckler, Current Business Analysis Unit T H E Bureau of Foreign and Domestic *• Commerce has completed a thorough --vision of the dollar estimates and in!e/es of sales of retail stores, January 1935 to date. Methods used in preparing no old estimates were described in the October 1941 SURVEY OF CURRENT B U S I - NESS, and the present article covers i hiefiy the changes made in preparing .*evised estimates. Innovations include •hanges in methodology and an increase a o m 10 io 25 in the kinds of business for \*,hich estimates are prepared. The need for the present revision be\-tme apparent after collecting retail - rade data formerly not available and ^pending greater time and effort in assaying the accuracy of different sources )f data. These investigations showed *hat biases were developing in the estimates for a number of the groups and that a levision of the series was greatly loaded. It was found, for example, that greater ircuracy could be obtained in the estimates of the 10 major groups formerly published if estimates were made of the separate components of the groups. This \x-as particularly true in those groups where the components were behaving very differently from each other, and in some cases even moving in opposite directions. The household furnishings group, for example, includes both household appliance dealers and furniture stores. In the apparel group are both men's and women's wear stores. The automotive group is comprised of motor vehicle dealers and automotive parts stores, (lompuri^on, New and Old Series. The comparison shown in chart 1 between the revised seasonally adjusted index for all retail stores with that previously published reveals differences which, on the whole, are rather small, The two series are, of course, very close for the months of 1935 and 1939 since both are adjusted to census totals. Revisions in 1936 and 1937 are also minor, but the new series is lower by about 1 to 2 percent in 1938. In the period since 1940, the revised series is higher. Especially is this true of 1941 and 1942. The revision increases total annual sales for each of these 2 years by about IV2 billion dollars, or 3 percent. In 1943 the new series shows less increase from the preceding year than the old, and the amount of the revision is, therefore, less. The fact that month-torn onth changes in the seasonally adjusted index are quite different in a number of months is due chiefly to changes in allowances for number of business days and to changes in the seasonal factors, especially for the automotive group. in 1941 about half of the V/2 billion dollar upward revision is in durable goods stores. Beginning in 1942, however, the new durables series shows a much sharper decline than the old, and during the last half of 1942 and the first half of 1943 it is actually lower than the series previously published. The new series for nondurable goods stores is higher than the old in almost every month of the last 3 years. For some of the major groups of stores, revisions are relatively large, The largest changes in the annual estimates for 1942 are the 14 percent upward revision for the home furnishings group and the 9 percent downward revision for filling stations. Retail Trade in 1943 at Record Level in Spite of Decline for Durable Goods. able goods, sales would not have reached this very high figure. Nevertheless, there is strong indication that at the high level of income expected by many people after the war, sales of durable goods stores will be at an unprecedented level. This is true even if no allowance is made for accumulated demand brought about by war time scarcities, In the case of nondurable goods stores, sales through 1942 were well In line with disposable income. In 1943, even with rationing of meats and fats, canned foods, shoes, gasoline and fuel oil, and with more effective price controls, sales are only slightly below the line of relationship for earlier years. Sales of all retail stores are estimated on the basis of the first 9 months' sales at 62.9 billion dollars in 1943. This is the highest total on record, 9 percent above the revised 1942 total of 57.8 billion dollars, the previous high record. The increase from 1942 is larger in dollars and nearly as large in percent as most years during the decade since the bottom of the depression. After allowing as far as possible for price changes, the 1943 total is reduced to 47.7 billion 1935-39 dollars, only 1 percent larger than in 1942. These increases occurred notwithstanding the declines in most durable goods groups. Sales of all durable goods stores, which amounted to 15.6 billion dollars in 1941, were cut to 10.1 billion in 1942 and are estimated at 9.1 billion in 1943. For the years through 1941, sales of these stores were closely related in a linear manner to consumer disposable income, as may be seen in chart 3. Had this relationship continued sales would have been in the neighborhood of 26 billion dollars in 1943, or almost three times expected sales. It may be true that even without restrictions on production and sale of dur- General Nature of Revisions. The former estimates of retail sales were based to a major extent on sales of identical stores collected by the Bureau of the Census and of identical chain firms reporting to the Bureau of Foreign and Domestic Commerce. Samples of identical stores and, to a much less extent, of identical chain firms reporting on a voluntary basis have three important biases when used for estimating sales of all stores. First, identical samples do not allow for retailers coming into and going out of business. Second, such samples have an inherent bias toward old, well-established firms which may have substantially different sales changes from firms which have been in business only a few months or a few years. Third, the refusal rate on voluntary samples reporting each month is very high—more than 50 percent for independent retailers in most kinds of business—and it is quite possible that firms refusing to- report have different sales changes from those reporting. In general, it is difficult to say how important these biases are, although cases can be cited where they are large. Chart I.—Sales of All Retail Stores, Adjusted for Seasonal Variation INDEX, 1935- 39 - 100 175 150 I 95 _ _ iOO 1936 1937 1938 - : I*. S. Department of Commerce, 1939 1940 1941 1942 1943 D, D. 43-621 SURVEY OF CURRENT BUSINESS November 1943 Table 2.—Salo.s of Retail Stores and Ineo lie Payments in 11 States for v>bieh Sales Tax Collections W'ere 1 ^ed, and In I ho I nilod Stalos Table 1.—Sales of Retail Stores by Kinds of Business, by Years [Millions of dollars] i"2o Ml MM . i i I>ur ibli l ' M i ,V ) \ : H . ; ^ t o . KM ; . * . • 37 M ^ini M \ ~>[\ \i,2i> *». ^ M 1 1 » « " . 12 4 1 * r H i 2 ! ! 12 i M.i .", S 0 2 *,, . ••> I 1,^)1 1. 1 0 " , 2, <'iJ 1, if.', 2. N H 3 73 ' v, I, M , 2 Hid H i n h i ' m \ r i d ii«>u-~.<* J t H i 2.7' 1 M . •l_ ",' .v i j . p h n n>~> a n d i , r d i " il>.< 1 I Mil -nod- i. o s a n p ) I'IP] v 1 in 1 d n n k n m 2 i> ,.12 \ 1 i< t • « .l.r/ii 7 .>i$ '..Oil 1 >i'p u ! >iionrv ( u c l u d . i m m a i l o*«i* 1 t j t n o i a l . lncliiduiJ/ ,?( n o i a l i n e i c h a n d i \Mllil.M)d O t i n j JMMKM il n i t i c h a n d i M ' a n d d i j c o o d s \'aii't\ ()ih»'i M'lail >foict» . I " t d 2 1: M K 1 " .1 ] 0 _ *•" y, MS 2,00s ^7^ .{ 1. ! ' ~ " i 1 _ ),, oo», I ' i IT .i i l l 3 700 ,*, 0 > ? ,M0.2 1<»; «,2.i TO 100 .,•) 112 *27 ,7V) ~'C oi.o ^')9 1 , ( ' M I,Ot.u >2S 174 1S3 0<> 111 I.i J }7"> l 17 * '20" 122 J -si ,T)J \H7O } s. >\7 i l 2'flf V -.el 12 ill 2, ' 7 2 „, • 1 i 77U 0J7 l i . l t >vs~ 1,1 l.i It M " 10, tj7I '22, s i " 21 070 2 ', 1 *2 >A 070 5- - il M » o,027 t ••, l i ! i l 1.47. L\o~o I 2-.M 1 ^ u I, M n \, < 10 I ii 7 j 2S 2 1 i! ". i5 s I.-JO ,"»"s ."-!M *f * t>* i *%! 1 I I'M is» "21", 1 T. 211 0'" Ivl 202 1 >N 1S2 HIS 20o 'J 1* M0 2 ^ 710 22> IX1 lr.i 2"" 7^2 271 2.d } A\ 2'K ] lwj 2 2 ( M 2 , -S0> '.In '20 Oi.'i I , l i V j j i" • pi IPlMli- !• Ml > « 'MM l,!r» « I.1 11 - r> .i 1 .i() 7 1 I.if I,,IMIM 7! l> U -..Vj" i-v, r , » \ < f o*^ -»jj Old '\n l # 1 .N 1 , 2 V ) (^('1 'hn ~k\)U \ 10 s tV)N '*! 7 i j 77 1,1'T 1 , 1 7 . 1, S l ^ >.i\\ t o ,1 ^'-i 1 1. i'21 " 211 f 272 : j'«» « ( ,".O ' S 1 i! 1 \ 2 , 1 1 2 2. )2> J . M > .' . > ' ^ ' 1 ihv- , -U'iCi * 2 M ' 2\ "M7 11 ' OS I )2 T'M i I " « M 12,012 ^1 " t. J , 111 > 7 722 " 7^0 0 >',», t, (,7-i i) 11", 4. 4 7 . », M 7 > 17 1010 i<« n 1912 10 2 7 i ."v 10i 07 0"«7 72,27<••) 117 70,001 , 70 220 01 in i l H , : — 47 0 , - 1 4 0 I 4 JO ( I 4 it, 4 > -j- 17 0 , -4-10 2 1 \ -rs I ) I -i() 1 I - s " M) S ' I <> ') , I ^ I , | 21 0 (1 ^-20 ». * '-it t M 0 .3,5 1 :n 0 Hi I ;3i '3 ,'31 7 P t S N i i 0',m*- << i M u n M i t o o t h u \ < \ u ^ n o not j u n i l i h l e ' o r l'J3"> i h n » m d i 10,3^ Viv i r e s - h o w n art 1 i t o m f u H 1 ' J 1 2 ^ M ^ K ' f'i C ' i ' H ! < \ T 13' » i \ i ^ s a n d H».ili «'stim i t c - > h m \ n J ' . i i * diniM l i o m H ^ I M H I n - u r e s l o r l'« *0 b y kiv--> t c i n " 2 ]>t r u i't NIIIKI f S l)v}> i r ' i n i ' i i i oi ( ' o ' l i i i H T c P , I t i ' i o a u of t i n 1 ( t ' t i v h Ku H { .il tia<U a n d H i m i » i of Vov L n a n d D o m c - t i c ( o i n n i e r t o for i n c i m t T»a\ni(in-?. U o;>2 2 ^ 2f>2.'{i * i » . 3 ' i S 7 4 t l u " 2 7 5 7 , 7 1 ! ^ 2 . 1 1 7 )'> i T ' 1 H'7 J7,0->7 17,0";0 'jQ 1 Estimatod on the basis of sales for the ' nearest million; for the subgroups, to the n ss 1 , 7 7 2 2 till" i , l r ) ?oo 110 170 i21 J (i 2 > 1 ) V ^ i«. * i2 i~ 7i * - ill 5 N',IV 7 2<0 7 Is7 i m %; \u . (1, N , 0 I.OH B o o k M O H ^ , n e w > dcal< j-%, s t a t i o n u v ^</i« > ('^ai -tnro I'loi'•>(>> (>!'!((> i . [ h U ' i n i O i t a n d s t l p p h o b O'lh'j . < 2"> 1 , 3 1 .> , n, <*O o,001 1, •»"(' 2 , . ^i '! mot nionti-s 2"> n i . l ! n All this is not intended as a criticism of present sampling methods in retail trade. On the contrary, it may be more important for the retailer to know what has happened to the sales of a fairly constant sample of stores in his line of business than to know what has happened to total sales of all stores in the same line of business. For estimating sales of all stores in each kind of business, however, the biases of the independent stores sample are serious. Especially is this true in the current period. This sample had a downward bias from 1935 to 1939 in almost every kind of business partly because the total number of retail stores doing business increased 11'2 percent during these 4 years. At the present time, the total number of stores is declining rather than increasing, at an even more rapid rate. There is other evidence also that whereas the Independent stores sample had a downward bias in the pre-war period, it now has an upward bias. In view of the shortcomings of identical samples for estimating total sales, an important change in the methodology has been introduced in the revised estimates. This consists of using reports of sales tax collections in 11 States in addition to data formerly used for estimating retail sales. The states are Ohio, Michigan, Illinois, Iowa, Missouri, West Virginia, Mississippi, Oklahoma, Colorado, Washington, and California. These States had 35 percent of retail > 2"D 1,17b J . 1 1 0 1,112 1. J .(« l.-j"il "00 ,',2S " ^ »>i9 9i'l *',* 7bl s70 02"i 1 4"il l , 0 ' 7 2, s 2 1 3 7)2". o, *»21 3 ni'i M M . i- u p p h s . Ati \',,r 2 7 3". ! 70! . J - I i> . 2 1 ' 1, >_> I il . , »)''» 2 1 7 - 2 ^7 . iM III 47'' ' U t, r ,',1 '•_• <i5». . " " 1 C 1 7 <- 1 , < > t . •<<«, ] i i _ " . ] ",., 1 i 1 I, -(,-; 5 r I ^7-. j j ^ i 2 7<II. .*, 2M i l ^ l 3,.'2o > ^ " » 1 7 " , t . 1 7 , N I - . ' 0 711-s lf o ^ ' !(/, I**." In 0 0 r 12 7»> 1,">, 7"> 17 (I'M Li'jiior l ' ?«M . i,2» ;"•M. 1 \\) 1 2.742 9,013 0 0 1 " 1 <is2 I U< I i»id 1C0 ' 727 l*'i ',~.t I 0 2 " V,0 20l« ,]S2 *M<7 4-3 011 1 ( > ' • ( , 1 (|.,i, 1 j j j 2 1 2 ' I. TO 2,.>>1 I' 1 007 »,, 77t s ,{h2 l ] ) p IK 1 Oii.ii J' m d cupilui OJlUM fdOd ] iIUMS - t a ' i o M , i 'Ml j i\ a i - i a m - I'ltl o ' l l C t 21! 1, r>N SPd M j . p ' d l \l.,K L a ' i n e J12 N"l .W 27'« 1 ' ' . 7 , 2 ) I 1 ' " 2 s IT . i l ' 7" 2(> 1 .2 » ! , • " - • t >u- » Hi!' V < 'i s J . . ' l i ! i , ^ U.»i 11 1 Mi 1 i7 .<o ' "I "• • > t . 2 ' < It.1' '».'» 1 /in ' I r 3 s j t , 1 j ' . i ) 1 , 7 , j . j_» j ., , |j J •<•> '? ' H I I|I, s-,_» 1 psj J j",i 1 . ] i 1 20 1 >'2 1 . ^ 1 - i " ' - j.'ii'o ' i t..N " >> " « r» ' 1 tod M' I' 'n.i» J I." 207 JII o'.2 Pti --7 7 » !,"!.• fcr t 17 "OM .'I'weiiv \ p p l»i 1 •., '> . I • lie I PI,'oiuic \ l P w i n , ' C ' i i l - ' ( h IM •( f r o m ' ^ i , > ^ ,1 d o ! : i i - • ; i-ai s l u r s o i m - | ,' • 7M«,2.' lit , -si*. 2 t 2. I< ) ' P I l m p l e n M i ' l - l l o i i ' - i li'i!,i 7 !"I i H vV^i.JIt * > matt /lah a n ! h r d v il.ndw " i l . 112 J" 1 * 2 1 , ; > ' 7 , . 2 , 7 0 2 3 \ .3 >S 1 2 . 1 " 0 . { * . 0 " \ 1 2 . 0 1 2 i. P it ' s : 'flu N -t.nts m>i.d- i . i , ! i«»j- i-n i h o r n 1 j.-i n sales in the United States, according to the Census of Retail Trade for 1939. Where possible, taxable sales were used instead of tax collections. Sales tax data, while subject to several limitations, are an important addition to retail trade information. Like the gasoline gallonage taxed, the new passenger car sales, and the used car financing series used in the old estimates of sales of all retail stores, they automatically allow for retailers coming into and going out of business. They reflect changes in total sales rather than changes in sales of identical retail stores or identical chain firms, This is not to imply that sales tax collections do not have their own shortcomings. Perhaps the most important of these is the possibility of geographical bias. The 11 States listed above do not include any States east of Ohio and West Virginia, Comparisons of income payments in these 11 States with income payments in the United States were made for the years 1929 through 1942 and of retail sales as reported by the Census of Retail Trade for the years 1929, 1933, 1935, and 1939. These comparisons are shown in table 2. The only important difference in movement seems to be a slightly greater cyclical movement for the 11 States. The bias which would result from this fact is largely removed by adjusting estimates to Census levels and carrying forward, the annual rate of adjustment.1 Sales tax reports are received from most States 2 to 4 months after the close of the period in which sales were made. Tax returns are sometimes filed as much as a month late and some collections are obtained only after audit or court decisions. Hence collections in any one month are frequently not a good indicator of sales during that month. For these reasons, tax data were used only quarterly, and monthly interpolation (and, for the most recent 1 to 3 months, extrapolation) was based on samples of independent and chain stores. Other weaknesses of sales tax material in estimating sales of retail stores are as follows: (1> Classification of stores by kind of business differs somewhat from State to State and in no case corresponds exactly to Census classification. There is a strong tendency to accept each retailer's own classification of his business. (2) Sales not for resale made by persons other than retailers are taxed to some extent in all States and in some cases are not segregated completely from sales of retailers. 1 Not all of these States were available for all-kind-of-business groups for which sales tax reports were used. Ohio and California, for example, exempt from taxation food sold for off-premises consumption and therefore cannot be used for estimating food store sales. Comparison of these two States with the other nine States, as regards sales tax collections for other kind-of-business groups shows that retail sales in Ohio have risen less and those in California more than in the other nine States in the period since 1939. Since these differences in movement largely offset each other, omission of these two States results in little bias for this period. 8 SURVEY OF CURRENT BUSINESS *3) Exemptions from taxation are fairly numerous in some States, and several commodities, including gasoline, liquor, feed, and farm machinery are exempted in most States. (4) In Illinois, and to some extent in other States, collections, i. e., cash receipts, are taxed instead of sales. This tends to reduce the amplitude of cyclical fluctuations in the reported data for those kinds of business where instalment sales are important. It is believed that in the estimates presented in this article, the weaknesses of sales tax collections as an index of sales of retail stores have been minimized. As regards point (1) the greatest confusion arises in the case of general merchandise, dry goods, and general stores. In view of this and the fact that there are available samples of department and variety stores representing more than 75 percent of the sales of these two classifications, sales tax data were not used for the general merchandise group. Table 3.—Percentage Difference Between Sales as Reported in* 1939 Census and Estimated Sales for 1 9 3 9 ^ E l d from 1935 Census Perc 'Ml nee differe nee ' Kind of business Revised seri< q Series shown" in October 1941 SPRVEV 6. 6 A ut omotivc group . - -7. 2 Motor vehicles 1. 0 Parts and accessories . Building materials and hardware 9 group Building materials Farm implements 1. 9 Hardware 4. 2 1 Home furnishings group. . . . Furniture and nouscfurnishings. 0 Household appliance and radio 7_ 2 Tewelry stores — 1.3 — ]. 3 A pparel group Men's clothing and furnishings . -- 4. o Women's apparel and accessories. 4 0 Family and other clothing _.. — 5. (5 — 4. 3 Shoes-*-.1 )rug stores 2. 8 " " Fating and drinking places. -5. 3 Food group ... . —. 2 9 Grocery and combination Other food -3* 3 Filling stations 12. 6 _ 1 General merchandise group Department, including mail order.. 3. 3 General (incl. gen. mdse.) with food . : ... -16. 7 Other general mdse. and dry goods — 2. 1 Variet v 7. 0 Other ret ail stores ._ 7. fi Feed and farm supply —3. 4 9 Fuel and ice. . Liquor 14. 3 14. 8 Other 6. 9 15.0 16.4 15.fi 7. 5 11.0 33. S 12.3 h'h -3 3 19. 7 ! Pifl'eronees are shown as percents of the 1939 estimates extrapolated from the 1935 Census. Point (2) affects chiefly household appliance and building materials dealers, where sales to and by building contractors represent a difficult problem. In the former case, the independent stores sample from the Bureau of the Census was used for the period 1935 through 1938 when new construction had a much sharper upward movement than did retail sales of appliances. The sales tax series was used beginning* in 1939 because new construction November 1943 Chart 2.—Sales of Durable and Nondurable Goods Stores, Adjusted for Seasonal Variation INDEX, 1 9 3 5 - 3 9 = 100 S75 , [ H J K DURABLE GO ODS - ^ 150 J T/VV 100 M $ $ i/ \ -)NDURAB. f GOODS \ V J 75 1 50 1 j 1 I 1 ! ! 1 i 1 i 1 ! 1 I I 1 I 1 1 11 1 1 I ! | i 1 11111111 i1 1 1 1 M 1 ! 1 1! 1 1 i ! 1 1 M 1 1 1 1 1935 S936 1937 1938 Source : V, S. Department of Commerce. 1939 and retail appliance sales have moved much more nearly together and because during 1942 and 1943 there has been a decline in the number of both appliance and radio retailers. In the case of building materials dealers, the sales tax series, while not entirely satisfactory, was used for the entire period as being more accurate than any other information available. Because of point (3) sales tax data were not used for estimating sales of filling stations, liquor stores, feed and farm supply stores, or farm implement dealers. Partly because of point (4) sales tax reports were not used for motor vehicle dealers. With their weaknesses minimized in this way, sales tax collections reflect with surprising accuracy changes in sales of retail stores. Table 3 shows the percentage differences between 1939 Census totals and 1939 estimates before adjustment to Census for both the old series and the revised series. The closer agreement with Census of the new estimates is due chiefly, but not entirely, to the introduction of these sales tax series. It also reflects in part differences in procedure. In the first place, revised estimates were prepared for more kinds of business, which should result in more accurate estimates for major groups. Secondly, while the choice among available series was based principally upon logical grounds, there is undoubtedly a tendency to choose a series which checks well with the percentage change shown by Census than one which checks poorly. Since more series were available to choose from in the revised series, some improvement in comparison with Census was to be expected. Nevertheless, the closeness of agreement with Census in 1940 i 1 1 i | | j | 1941 , , 1942 1943 mnl,-, 1944 the revised series, especially for major groups, is impressive. Sources and Methodology The remainder of this article is devoted to a somewhat more detailed description of sources and methods used in the estimates of sales and indexes of sales of retail stores. Sources. Table 4 shows the series used for estimating sales in each kind of business. Series based on sales tax data have a total weight of 61 percent in the combined index, including the part of "other retail stores" which moves like sales tax series. The sales tax material used for the present estimates was obtained from 11 States. Of the 11 States used, sales tax reports are received weekly from Ohio, bimonthly from Washington, quarterly from West Virginia, Iowa, and California, and monthly from the remaining 6 States. In most cases, published reports were used. But for West Virginia, Mississippi, and Colorado, special tabulations were kindly furnished by State officials. Reports for all of the States except Missouri show classifications of tax collections, and in some cases taxable sales also, for 20 or more kinds of retail business. In Missouri only 7 retail classifications are shown monthly although 38 are available annually. Data other than sales tax reports were also included for the first time in the revised retail sales estimates. They include sales of chain firms and of independent stores in several kinds of business, not formerly available, retail sales of State-operated liquor stores, retail truck sales, highway use of gasoline, and farmers' expenditures for farm machinery and for feed and certain farm supplies. SURVEY OF CURRENT BUSINESS November 1943 The sample of State-operated liquor stores includes 15 States and represents practically complete coverage of State, county, and municipal retail liquor stores in the United States. The truck series is, on the whole, nearly as adequate for estimating retail dollar sales as the passenger car series already used. The Public Roads Administration estimates of highway use of gasoline were substituted for the American Petroleum Institute series on gallonage taxed. This was done because the Public Roads figures are believed to eliminate more completely refunds for nonhighway use, including war use. Tablt^i.—Series I soil in Estimating Sales, 1 > Kinds of Business > K i n d of b u "H Hi 11 total md< \ » A u t o m o t i v e m< v\> M o t o r v< hi< ! s > \ K M (1 fol 1 II ) t i l 4 i,U it U 1) - t l e - _ril ni I I f ( 1' < '< I ' , )' [) . x s l'V» Mil III l).»Ui. I ' , Bii i 111 - t u ( 111- » >. I " < a i (" 1 I ' 1 )V UiV , \l< II \ 1 'ill* } ' x ! -i 1 11- > I'l ' I n k " i\ > 11 P a r t s a n d accessories... J t )i ....d wJj ' . "., I1 K '( \ [ ; 1 U 0 1.1 b 1 J ( s, IvNtiiiiute!* of Monthly Dollar Sales, Where different monthly and quarterly series were used for estimating sales, as in the case of filling stations, quarterly estimates were first obtained and adjusted to 1935 and 1939 census levels yielding dollar sales. The following procedure was used for monthly interpolation: (1) the monthto-month percentage changes were converted to an index with January 1935= 100; (2) this index was totaled by quarters and the ratios of the quarterly sales, adjusted to census, to these totals were computed; (3) this ratio was used for the mid-month of the quarter, and linear interpolation between quarterly ratios provided ratios for intervening months; (4) the product of each ratio and its corresponding monthly index resulted in a set of preliminary monthly estimates of dollar sales; (5) a small arbitrary adjustment was made so that the months would add exactly to the previously determined quarterly totals. In some cases, grocery and combination, for example, both chain and independent store samples were available for monthly interpolation of quarterly estimates based on sales tax reports. In order to break down these quarterly estimates by types of operation, chain store sales were deducted from the total after both series were adjusted to the 1935 and 1939 censuses to secure the sales of independent stores. The process outlined above for filling stations was used for monthly interpolation for independent stores. Finally, monthly estimates of independent and chain store sales were added. The sample of chains is composed of identical firms and though it does not account for births and deaths of organizations, it does take into consideration changes in the number of stores within each chain firm. This sample thus lacks some of the bias inherent in the independent store sample and for this reason the independent store sales estimates were obtained as residuals as explained above. In the case of apparel stores,2 sales tax reports in most States do not classify them by types. In order to compute separate series for the four s kinds of business in this group, the chain store sales estimates for the apparel group were deducted from the estimates for all apparel store sales by quarters after adjustment to census. This residual was used to represent independent apparel stores sales. r,r>47n:>>--4:-: —-_» Indep *n lent motor eliiele deal :r > a l e s Bui III Of t !H ('ensus -ll- s .1 st minting m o n t h l y sales In-iei, •n lent aeee>s <>r> -, tiie , an 1 b deal -r Mtileb -Bure i n of the Censu-Chain ; C('(\ '> ory, t re, a n d battc rv (i.-llei sail- B u n all of F( >reiun and Do n e s t it <; B u i l d i n g materials a n d hardware group. Building materials Cos. i l l 3.9 Sales tax tepoits -I1") States Chain faun implement dealer sales—Bureau of Foreign and Domestic Commerce. Farmers' purchases of farm mac h i ne r \, including tractors Bureau of Agricultural Economics.5 6 Sales tax reports 0 States,. Farm implements Hardware.. Home furnishings group.. I Furniture and house- j furnishings. 4.1 2.8 Sales tax reports -11 States. Sales tax* reports ^ Slates Household appliances and radios. 1.3 Sales tax reports- 9 States... Jewelry stores Sales tax reports—10 States A pparel group Men's clothing and furnishings. 7.9 2.1 Sales tax reports- 11 States . Women's apparel and accessories. Family and other clothing. " 1.2 Shoes, 1.5 Drug stores Eating and places. 3. 7 j Sales tax reports—10 States.. drinking Food group. .| Grocery and combina- I tion. .do. 24. 2 j 18.3 ! Sales tax reports—8 States Other food...... Filling stations..- e i <•{> 0. 'A .do. 6.5 I Gasoline sales series obtained by I multiplying: j (1) Net gallons of motor fuel I taxed—Public Roads Ad\ ministration. j (2) Price of gasoline in 50 cities—American Petroleum News. General merchandise group. Department, including mail order. 2.8 .do. 1.5 _do_ Variety. 2.3 ! ..do. Independent hardware Moie sales Bureau of the CeiiMis. Chain hardwaie store sales Bureau of Foie'unand Domestic Commerce.4 Independent lurniture store sales Bureau of the Census. Chain furniture store sales - Board of Governors of the Federal Reserve System.4 Independent household appliance, radio and musical instrument store sales -Bureau of the Census. Independent jewelry store sales—Bureau of the Census. Independent men's clothing and furnishings store sales -Bureau of the Census. Chain men's wear store sales—Bureau of Foreign and Domestic Commerce. Independent women's ready-to-wear store sales—Bureau of the Census. Chain women's wear store sales—Bureau of Foreign and Domestic Commerce. Independent family clothing store sales— Bureau of the Census. Weighted combination of sales of chain men's, women's, and shoe stores—Bureau of Foreign and Domestic Commerce. Independent shoe store sales—Bureau of the > Census. Chain shoe store sales—Bureau of Foreign and Domestic Commerce. Independent drug store sales—Bureau of the Census. Chain drug store sales—Bureau of Foreign and Domestic Commerce. Independent eating and drinking place sales—Bureau of the Census. Chain restaurant sales—Bureau of Foreign and Domestic Commerce. I Independent grocery and combination store sales—Bureau of the Census. Chain grocery and combination store sales — Bureau of* Foreign and Domestic Commerce. Independent other food stores sales—Bureau of the Census. 4 Independent filling station sales—Bureau of the Census. 1G.3 General, including general merchandise, with food. Other general merchandise and dry goods. Independent lumber and building materials, heatmir and plumbing equipment dealer ^ale:-, Bureau of the Census. Chain lumber and building materials dealer >ales Buieau of Foreign and Domestic Commerce,4 Chain farm implement dealer sale* -Bureau of Foreimi and Domestic Commerce.4 5 9. 7 Same as monthly series Department store sales—Board of Governors of the Federal Reserve System. Mail order catalog sales—Bureau of Foreign l and Domestic Commerce. ! Independent general store with food sales— [ Bureau of Foreign and Domestic Comj merce. j Independent dry goods and general merchanI dise store sales—Bureau of the Census.4 Chain dry goods and general merchandise I store sales—Bureau of Foreign and DomesI tic Commerce. I Chain variety store sales—Bureau of Foreign I and Domestic Commerce. SURVEY OF CURRENT BUSINESS 10 Table 4.—Series Used in Estimating Sales, by Kinds of Business—Continued Kind of business ries u s e d for Other retail stores Feed and farm supply Fuel and ice. 9.1 for 1.9 !; Farmers' expenditures seed, feed, fertilizers and lime, and insecticides—Bureau6 of Agris ' cultural Economics. 2.5 '. Sales tax reports—10 States. Liquor.... J. 3 Other stores Book stores, news- : dealers, and stationery stores. Cigar stores_._ .. Florists Office supplies and equipment. Other . Same as monthly series.... monthly sales Independent farm and garden supply stores —Bureau of the Census. 4 Independent fuel and 4 ice dealer sales Bureau of the Census. State liquor store sales—Bureau of Foreign and Domestic Commerce. 4 Independent 4liquor store sales—Bureau of the Census. Sales tax reports—9 States 6.. , 5 ] Sales tax reports—10 States 8.,_. . , 4 I Sales tax reports—7 States <L_ . 5 I Sales tax reports—10 States 6 .... ... i. 5 Same as monthly series s Total of sales of drug stores, home furnishings group, hardware stores, automotive parts and accessories stores, jewelry stores, and one-fourth of the general merchandise group. 1 2 Percent of sales of all retail stores in the 5 years, 1935 through 1939. Beginning February 1942, unit sales estimated from ration certificates issued by Office of Price Administration and War Production Board. 3 Because of the increase in the proportion of cash sales, this series was increased by 5 percent in the last quarter « f 1941 and the first quarter of 1942, and by 10 percent thereafter. 4 Series not used for part or all of the period 1935-38. 5 This series is something of a hybrid. T h e sample census giving sales by quarters for 1937 and the first of 1938 was also used. Beginning October 1942, sales are estimated by months and years from the independent farm implement dealers' sales series of the Bureau of the Census with a downward adjustment of 1 percent per month, 6 Annual estimates only. ("hart 3.—-Relationship Between Sales of Retail Stores and Disposable Income of Individuals 40 60 80 100 120 DISPOSABLE INCOME OF INDIVIDUALS (BILLIONS OF DOLLARS) 140 P. D. 43-596 jSource : U. S. Department of Commerce. November 1943 Preliminary sales estimates for independent stores in the four kinds of business were computed, based on both yearto-year and month-to-month changes in the independent store samples and adjusted to census totals in 1935 and 1939. These were adjusted proportionally to the quarterly estimates for independent stores just described. Finally, monthly estimates of independent and chain store sales were added for each of the four kinds of business. Annual estimates of sales of feed and farm supply stores were based on the close correlation found to exist between the sales of these stores and farm operators' expenses for feed, seed, fertilizer, and lime, and insecticides for the census years 1929,1933,1935, and 1939. A linear regression equation was computed to estimate the sales of feed and farm supply stores for the noncensus years. As a rule the adjustment to census levels in 1935 and 1939 referred to above was carried out in the following way: (1) the quarterly or monthly sales series was first raised to the 1935 census level by multiplying sales for each period by the ratio of the 1935 census total to the total of the series for 1935; (2) the percentage difference between the 1939 census total and the 1939 estimate based on extrapolation from the 1935 census (see table 3) was distributed on a linear basis. In deciding on whether to hold the adjustment factors constant at the 1939 level, i. e., assume that the bias in the estimating series stopped in 1939, or to extrapolate them at the same rate as in the 1935-39 period, an attempt was made to find out what caused the difference in. 1939. Data on number of stores were useful in this connection. In a few cases, such as filling stations, for example, it was decided that the major cause of the difference was a change in census definition between 1935 and 1939, and the adjustment factor was not allowed to increase much above the 1939 rate. In other cases, including general stores with food, it appeared that stores were actually declining in number, and the downward trend in the adjustment factor was continued. In many instances where these factors were close to 100, it was not possible to ascribe them to any one cause. In most of these, if the adjustment was downward, the declining trend was continued at the same rate through 1943. When small upward corrections occurred, however, the adjustments were generally held at the 1939 rate. This procedure was used because it was felt that sales-tax collections may have a slight upward bias due to more complete enforcement as the taxes remain longer on the statute books. Number of Business Days. Retail sales in a given month are somewhat dependent not only upon the number of business days but also upon the 2 The estimates for furniture and house furnishings and for household appliances, and radios were adjusted to those for the home furnishings group by a somewhat similar procedure. 3 Men's clothing and furnishings, women's apparel and accessories, family and other clothing, and shoe stores. SURVEY OF CURRENT BUSINESS November 1943 Table 5.—Sales of Retail Stores by Kinds of Business- 1935-13 ! [Millions of dollars! D u r a b l e g<> Automotive group ! Year and month All ! retail stores I i 1, 498 First quarter. I 7, 016 2,172 Second quarter , | 8, 468 1, 934 Third quarter..._. j 8, 145 2, 021 Fourth quarter..--..j 9, 102 Monthly average j 2, 733 635 1936: I 933 1,866 First quarter .. 992 2,887 Second quarter 9 511 Third quarter... _. , 595 818 2, 599 Fourth quarter._._ j 10, 822 Month ly average j 3, J 95 1937: 232 | 2, 365 First quarter ___. 9, 161 I 3, 315 Second quarter. | 11, 700 Third quarter ... | 10, ! 2.885 056 Fourth quarter. - - j 11 j 2, 506 923 Monthly average I 3, 512 I 1938: | 372 ! 1,827 First quarter j 8, Second q u a r t e r . . . . . . I 9, 518 i 2, 296 Third quarter. . \ 9, 336 j 2,068 Fourth quarter-| 10, I 2,401 827 Monthly average . 710 3,171 1939: 639 January 611 February . 851 M arc h _ _ 885 April 983 May ..._.._.. 956 June . .--. 868 July 853 August 822 September-. October.. 939 November. _ _.. j 3, 926 1,047 December.-.. I 4, 865 Monthly average 3,503 1940: 765 January, _________.., . . . . . 3,198 3,108 February. _____..-. 765 3,751 March_ _ _ _ _ ____._. 986 1,088 April ._______-. --_--_-_- 3,759 4,008 1,152 May...., _________ .. 3, 980 1,156 J une . ,. 3, 741 1, 061 July ..4,198 999 August -.-.3, 738 919 September.---..-.--.--1,177 3, 884 October. — . . . . ... 1,118 November _. 4,131 4, 905 1, 232 December . _... . 1,035 Monthly average 3,867 1941: 1,027 3, 704 January . 3, 590 1,041 February . . 4,283 1, 299 March .__._. 4, 603 1,466 A pril. _ „ _ _ ,.... 4, 930 1, 604 May.._-__.______---_. — 1, 545 4, 757 June . . . „ ., 4, 706 1, 460 July ......... 1,362 4,950 August.... 1,144 4,722 September . 1,234 October 4,871 1,140 No vein ber . _. 4, 715 1,314 December . ....... 5 " " 875 1, 252 1,064 1, 046 353 100 101 100 31 83 123 417 650 191 290 MC 91' 24 39 107 71 37 70 298 75 103 165 147 161 465 196 303 260 324 46 63 62 126 6,068 7, 105 7, 084 H, 2.19 1,034 154 224 174 303 29 4S 135 90 103 151 139 141 44 25 2, 373 259 71 100 91 136 114 120 194 371 257 370 307 122 175 62 1,010 294 33 I 304 396 35 51 - 320 104 153 142 49 182 230 183 166 6, 867 7,847 7,815 8, 550 703 79 378 545 460 463 154 2, 590 277 75 108 156 141 324 389 216 266 107 6, 545 354 424 124 239 292 84 124 114 132 56 64 58 120 40 25 2, 455 603 756 659 980 250 268 64 107 72 76 87 05 35 34 21 20 21 22 28 29 22 25 2, 221 2,138 2, 528 2, 586 2,651 2, 618 2,481 2, 570 2,825 2,809 2.744 3; 493 203 57 184 268 288 275 46 58 71 69 80 119 114 108 262 194 220 294 315 71 07 50 50 74 07 128 131 124 17f> 110 404 42 23 1 974 1,179 1,010 1, 203 364 889 1, 062 888 1,070 326 86 117 122 133 473 603 646 05 1 290 39s 412 130 109 93 06 38 203 128 29 47 362 347 501 328 315 463 490 454 488 34 32 38 41 47 54 48 148 134 202 230 263 249 234 250 264 291 250 222 99 84 123 137 164 159 147 170 173 191 175 138 16 19 33 40 34 31 27 34 39 19 19 34 32 46 53 65 58 52 52 461 502 624 462 454 447 597 622 634 669 591 507 44 228 147 29 166 109 98 127 161 17 24 556 576 584 613 538 452 388 56 53 55 160 216 273 299 282 286 188 177 183 191 196 223 188 158 167 622 633 820 892 980 926 835 671 467 574 563 560 712 580 592 772 832 914 853 762 597 399 506 501 485 42 223 211 258 318 331 350 366 371 387 400 320 327 322 147 129 152 188 206 219 234 244 247 259 218 193 269 192 205 196 192 196 189 276 171 262 327 380 366 342 321 309 328 349 280 151 190 223 232 214 206 200 206 215 208 184 180 237 167 158 214 230 231 231 230 226 220 585 650 178 158 150 130 117 181 119 112 163 174 170 166 164 160 153 of rounding. 44 48 41 48 60 65 72 73 74 68 68 63 76 63 62 51 54 52 55 56 56 55 55 58 53 63 56 259 317 48 202 46 51 56 61 199 250 282 283 65 67 66 67 203 176 142 194 39 49 40 38 41 30 41 42 47 42 54 46 93 20 79 77 129 29 5,518 6, 296 6,211 i 500 692 131 190 606 7,141 858 221 157 ' 249 ; 2, 097 7, 222 7, 268 8, 426 148 129 148 153 162 146 208 144 50 62 71 66 61 60 111 98 87 105 107 114 104 143 100 44 30 2, 639 120 135 147 168 186 173 157 180 40 38 259 864 749 158 60 56 38 34 41 46 50 48 252 245 233 212 138 57 417 52 60 247 no 128 65 52 595 568 524 572 or 454 398 158 43 52 281 295 329 269 253 432 633 648 628 110 98 458 472 419 413 1 233 202 219 31U 171 4^5 473 145 378 and 78 125 111 122 521 hUi 771 71S 46 48 42 g and furnishings 24d 357 316 370 100 138 138 123 477 435 384 331 419 Total 80 128 122 131 1,304 1,752 1,439 1,073 534 531 483 430 ' » .'mi' 1 58 91 81 62 1,404 1, 890 1, 577 1, 196 506 19!. 211 375 JO.'! 412 VS2 - ' W Mon's House- nouK- , , , 'rr-i^- ware 33:. ."•(It! DOS ,"1J l.V, ! ppan-1 LTOU and i oiai i furnish- ipiiance> i l ,..,,„ 67s 331 243 259 248 »"*• I T t l oa 125 38 836 739 869 925 905 861 806 811 817 1943: January. _„ 583 4,452 4,459 February . 582 March ._._ I 5,002 718 j April..... ! 5,212 792 1 May __ — .__. 5,184 805 ! June . . . . . . 5,319 810 ! July....5,139 779 | August..--... ._._.! 5,087 777 September- _ _ _ _ . ..J 5, 352 773 1 Detail will not necessarily add to total because 946 322 72 .rIlllllN»,inp I1 u r n i - 425 ..... 4,355 3, 891 4,544 4,726 . 4,774 ..... 4,650 ...._______ 4,563 _ 4,782 j 4,966 ...__. 5,430 . . 4,966 .... 6,138 4, 815 Monthly average 889 839 802 1,151 963 |S! niinu ! . Build- Farm ing ma- iraple- 1,022 1,597 1, 278 1, 205 .1, 303 ._.__ • 1,105 1,720 1,403 1, 330 463 4,636 1942: January February March. April... May...__ June...... July August September October November December ... ' i Motor i ^ , | Total | vehicle! &™. I Toial I= Monthly average. H u i l d m g i ] > n t ™ i > a n d hanlwf.r.- 81 39 24 92 43 23 76 31 29 32 34 110 2,434 2, 343 2, 764 2, 670 2,857 2. 824 2, 680 3,199 2,818 2,707 3,013 3, 674 101 116 131 116 105 49 41 42 46 48 42 65 46 52 55 57 52 55 50 57 27 26 28 93 26 26 32 33 27 584 805 679 865 746 302 453 272 61 • 3<JG 283 73 110 264 292 148 190 159 269 380 101 s a 70 83 82 133 70 298 326 334 473 90 87 82 92 141 196 300 261 292 283 208 74 163 183 168 241 125 113 126 120 165 59 168 116 52 36 2,832 50 50 61 152 104 62 221 81 80 81 84 86 86 75 96 249 223 218 273 229 223 210 288 173 150 145 187 154 76 73 75 220 36 45 54 60 69 66 84 45 43 37 32 40 47 27 28 89 85 102 81 112 131 139 135 56 128 151 220 301 75 30 30 31 36 44 115 70 114 48 54 248 168 189 127 112 287 38 40 20 21 33 60 66 61 26 32 45 54 44 51 52 44 54 55 27 38 44 41 285 287 168 177 291 180 38 32 I 7 7 34 i 7 7 39 37 47 200 151 88 69 138 49 3, 334 62 65 76 72 40 184 160 58 142 162 163 182 50 50 54 48 55 3, 519 3,152 3,675 3,801 3,870 3, 790 3, 757 3,971 4,149 4, 566 4,216 0, 249 213 220 239 210 269 223 88 77 89 82 295 149 213 192 82 56 55 71 81 82 85 80 47 60 242 78 77 24 28 36 40 39 75 66 61 2,677 2, 550 2,985 3,136 3,326 3, 212 3, 246 3, 588 3, 579 3,636 3, 575 4,493 128 190 196 131 241 - 166 182 253 97 122 116 143 161 161 171 48 163 170 196 216 218 1 158 160 204 164 121 128 152 169 176 209 195 167 156 194 157 190 154 70 73 46 40 85 53 51 57 57 50 65 60 43 42 43 46 42 41 39 37 36 39 41 44 .8 5 68 75 181 63 51 54 58 64 73 75 69 71 74 3,976 3,869 3,877 4,284 : 4, 421 ; 4, 380 1 4,509 4,360 4, 310 4,579 254 374 357 311 260 341 395 392 390 570 346 32 M 24., 29" 62 48 70 62 72 78 54 57 68 218 1. ' 2" Wi 184 118 101 94 72 132 147 95 94 136 114 101 156 178 155 155 220 141 87 67 77 91 108 110 170 91 293 110 78 453 424 129 101 384 375 314 374 465 537 486 722 433 89 97 74 78 100 123 119 200 108 414 98 187 496 472 572 479 111 109 24 ( 220 25> 211 211. 365 130 540 115 136 391 ! 422 .544 85 116 144 12* 184 173 155 143 126 16V* 21 (> 235 213 2> ° 181 1 90 212 257 SURVEY OF CURRENT BUSINESS November 1943 Table? 5.—-Sales of Ketail Stores by Kinds of Business, 1935—43 !i—Continued .Milll'.-i.-, - f .K.Ma'H Year and month Faiml\ and other nod Hi i .limkinir ^ (mnnin ,M.lu,:.!.K X Apparel urn (\>i)1inue !•.• O.1,M Feed ; Fuel 1 and ; Lil u o r lll'-Il! nation-* Other ii Other retail store s Drp-ip- •x\Tnv\ FlIIlMJ and I- -- • ;,,,'. M I ".. ,,,!m:i. -r-ii; 1 -I M I . .•Inn- vh\u- \ '•iri'.'i> 'I oral Other r ion J. h)'\< ; 1935; First quarter... . Second quarter... Third quarter Fourth quarter .... Monthly average.. IQ3P" First quarter .... Second quarter Third quarter._ Fourth quarter Monthly average 1937: First quarter Second quarter Third quarter Fourth quarter Monthly average 1938: First quarter Second quarter Third quarter Fourth quarter Monthly average. 72 97 86 138 i 1 1 ! ; 33 ; 92 ! 151 ! 124 145 *M Mu 43 | iOi 83 ; 113 ! 95 104 38 ! 104 174 139 170 99 322 104 159 40 > >s *)O0 nlO 007 ••i' V*> ')°3 700 711 49 • 308 34s 3'>l 390 117 349 374 399 405 53 127 22{> 689 843 900 845 2,247 2,437 2, 551 2, 474 552 015 274 809 i, 095 i, 822 3, 899 1,850 605 ! 49 | 123 723 791 838 829 265 29 26 38 ! 42 39 i 37 28 22 \ 40 47 47 120 118 128 126 130 127 131 130 131 127 126 168 254 240 282 285 297 301 310 321 306 313 292 318 40 34 32 52 62 59 58 42 42 61 55 49 71 51 130 31 28 43 36 42 40 30 37 40 47 52 76 35 34 60 50 63 64 44 48 58 57 55 72 •• : ! ! ; j « 53 35 32 43 54 50 44 37 48 53 58 61 90 50 42 38 55 i 78 50 42 63 60 ! 54 51 44 53 62 76 73 112 ! 62 57 : 68 66 79 i 09 : 74 58 61 78 66 55 | 60 1 72 j 70 03 92 64 | 62 50 77 91 87 84 70 74 93 103 80 204 ( 1 12 ! 82 | 72 i 71 78 105 84 120 65 64 i 92 ; 293 573 571 030 039 041 644 056 655 709 045 648 710 643 278 272 313 308 328 324 335 359 342 345 321 350 323 806 806 900 878 936 934 935 987 882 927 946 970 909 616 013 ' 686 i 670 710 710 708 750 000 i 700 729 735 139 130 141 142 153 149 158 166 163 160 161 214 156 319 312 358 364 391 390 421 406 448 447 426 454 400 903 869 979 974 1, 070 1.007 1.076 1,147 1,081 1. 135 1, 115 1,221 1,048 165 155 170 171 181 180 190 197 194 207 198 278 190 417 396 456 477 1 200 : 193 208 i 214 225 ! 223 231 1 229 227 220 ">4t ")S8 574 090 595 : 753 742 821 840 850 857 863 868 928 856 856 930 847 750 : 001 : 070 225 194 599 ! ; : ! | 211 '• 209 : 220 ! 204 190 500 3 Sri 019 193 ; 221 ! 218 ' : ' i ' 547 020 I 670 1 682 ! 716 ! 724 \ 724 1, 367 1,287 | 1,443 1,356 1.418 ! 1,436 1,494 1,376 1, 417 1.056 1.000 j 1,103 ! 1,030 ; 1,074 j 1,090 1.143 ! 1.040 1,074 275 270 ; 272 ! 259 28S i 565 ! 547 ! 46? 343 : ! 1 ! ; i S2 102 1;U 201 2!7 220 221 778 900 807 1 200 751 102 303 107 164 290 06 84 40 189 217 216 304 77 908 953 922 3,083 217 271 220 192 75 i j 330 180 i 228 1 322 | 132 127 125 173 850 782 799 3, 025 309 291 320 290 308 294 9g'? 293 338 340 336 452 20s 204 295 38 35 45 50 'S 01 70 79 49 43 43 52 56 54 70 73 74 79 82 83 106 81 143 > 188 52 59 83 81 ; 258 i 250 321 327 349 : 335 ; 264 ; 322 i 300 ] 414 431 ! 029 : 350 i 04 61 73 75 81 78 76 77 74 79 80 90 40 38 50 49 54 54 47 49 50 58 60 88 53 284 : 275 349 407 66 02 73 79 87 82 86 87 87 89 80 106 83 427 400 474 490 730 419 633 ' 091 752 s2' 70S 792 700 7'^ V27 ioo : 8 5 '• 332 i i • ! ! 72 93 77 : oso : : ' ; ! i ! j 64 61 73 78 81 79 78 ; 253 ; 276 ; 259 : 272 ' 258 254 259 187 337 171 211 294 182 , 47 308 417 382 202 i \ : ; i i ; 179 210 208 315 70 • • 018 ; 544 ! 085 712 070 ; 670 007 221 351 330 ! i ' ; 571 : 242 311 2S7 312 327 •it 4 : 5'>8 >7>3 271 172 220 196 208 115 142 425 415 230 ' 263 : 850 814 818 ), 042 294 im 213 250 243 202 81 214 193 229 237 203 200 278 280 250 259 • 247 • 23S 113 US 136 193 -19 735 : 892 SO 5 3,260 ! 331 i 1, 199 940 i 1,084 837 ! 1,164 890 i 952 ! 1. 234 511 I, 316 i,on ; 509 3. 303 1.002 ! 1.358 1.047 541 1.389 1,009 : 570 1, 307 1,042 : 503 1, 480 596 i, 140 1,341 1,040 ; 553 583 : 1.514 . 1.101 514 j 1.333 1.01.2 i 224 ! 229 i 245 i 213 2f>0 H 128 540 248 ; 202 93 251 301 291 293 95 571 007 : 590 ! 933 : 459 448 252 ; 554 638 273 i 66? 305 ! 010 314 i 502 331 332 071 704 319 733 310 290 ; 749 297 '• 1 141 2SS 001 599 : 47'> 223 210 519 ; •vP 522 433 207 ' 282 305 301 311 320 325 340 301 353 301 ; 5'?f* 696 ; 600 ! 755 ! 745 825 i 708 ; 813 ! 872 811 ! 803 850 033 800 ' 155 ; 185 : 261 | 293 317 95 227 : 309 320 332 318 : 240 281 ' 358 388 ' 383 588 • 252 ; •>50 ! • 1 i ! 1*7 !7s 314 'W> 384 497 530 507 040 663 9S1 133 164 144 158 50 3 .".0 813 1,000 8S0 1,294 ; 333 : 'Ml 241 240 093 , 707 920 S3! 1,30s 235 ' 214 207 228 230 215 220 217 , lo!) 270 066 058 060 842 235 107 133 !20 10s "]U 512 ; 190 178 213 226 249 254 26S 205 257 250 230 238 !S0 171 191 201 209 213 207 213 218 1 I 1 2, T> slo 550 235 210 August September.. 1 Data will not necessarily add to totals because of rounding. 023 ! 531 i 3, 380 093 ! 1 684 76° : i 530 079 0 "> '"> ')."•> 1, 008 1,755 1.809 1,895 • ! ! ! ,",(,;•{ 072 hOi 193 1*0 f'V> 1, 220 I 505 1. -10") 2, 3 30 533 A\:t •V)l '-07 209 343 464 490 793 ! 2, 2, 2, 2, 47s' 517 126 125 133 128 134 132 135 138 134 138 135 179 136 ! 301 307 4SS 345 354 373 402 i •"11 j . 15s 1, 4! s 1, 299 J, S.V) 3s| 503 "72 •SO "»lo 'OS ">i:7 I, 586 1.740 3. 766 3. 758 571 108 171 ! 140 172 7 4 ! 515 1,002 3, 005 1. 030 2 074 2 2sO 2. 32S 2, 32-3 7"il 36 January February . . March April May June. Julv. ._.. August.... September October.. . November December Monthly average.. 1940' January February March April May June . July.... August . . September.. October November December. . . Monthly average. 1941* January February March.. April May. June July..... August September October .._ . November. . December Monthly average 1942January i February.. ! March. April May June . July. . August i September.. . . . . October ... .. November. December.. _ Monthly average. I 1943' January February March..,. ! April : May. June : >% 117 113 1 57 097 J'ifi 328 ! 182 . 154 172 83 104 91 153 I I, l, 1 2, 390 333 439 442 404 390 343 405 480 572 558 800 404 3SI •32 304 507 103 47!* 39S 135 51S 50 ! 70 : : i \ ] ! | ; 42 40 i 50 : 59 04 ; 59 , ; 50 : 01 03 70 08 100 02 ; : ; 95 98 100 i HO ! 100 1 122 ! 90 S8 90 102 101 105 10,s 107 103 100 : • 84 i 75 1 87 ! 95 97 ! 90 : 59 i 52 i 64 73 73 • 09 i 75 i 83 ! 100 90 : 134 79 09 74 HO : 90 ; 88 ' 92 S3 82 93 327 i 1 161 ! 182 ! 154 ! 101 1 55 288 49 55 08 76 84 67 58 58 66 68 64 65 ; ; ! ! j , 258 i 72 : 0 7 46 121 ; 300 ' 44 4? 45 44 44 43 46 45 50 50 53 82 49 96 94 111 118 130 126 112 119 128 131 127 189 48 47 51 48 50 54 48 55 51 57 03 90 55 105 106 122 130 142 138 126 138 132 145 142 210 136 142 119 112 54 49 108 114 ! 113 110 105 100 133 105 ! 50 54 59 57 04 58 02 08 75 09 70 112 68 123 123 142 161 176 108 105 187 180 175 171 252 169 151 120 i 122 127 ; 131 ! 118 ! 112 ! 108 121 ! 112 i 104 ! 143 j 123 ! 70 72 70 78 84 83 87 94 98 130 99 3 54 94 157 147 174 182 ISO 172 163 175 182 201 188 271 183 151 128 148 135 125 135 330 143 140 101 100 135 114 j 110 ! 100 109 101 107 152 156 174 187 194 196 186 185 190 Q5 • 322 65 61 66 79 87 91 77 70 72 70 77 70 64 ! 74 150 117 110 70 55 68 82 87 93 101 90 116 95 67 72 81 93 94 87 88 96 94 101 104 199 98 385 301 400 373 3S9 432 437 405 470 401 445 595 434 64 65 87 101 100 98 96 96 105 112 86 84 95 104 103 105 100 108 109 124 119 211 112 483 450 506 530 525 494 470 493 524 580 513 699 523 100 106 133 143 130 120 113 117 122 137 122 131 123 93 98 106 119 112 113 111 108 110 520 520 619 030 002 015 603 607 018 i i i ! ; ! : ; ! i ! ; ! ; 121 ! 142 i 183 1 194 ! 174 | 179 i 177 ! 177 ' 175 288 373 349 396 117 120 120 365 336 362 336 338 337 327 351 346 380 365 480 300 ; 87 240 320 304 377 103 8S \ 62 60 84 73 81 80 75 82 78 88 92 174 80 98 93 211 267 253 308 294 ! 150 206 286 : 78 ; 58 : 51 1 58 66 70 94 91 92 116 i 84 98 i 64 72 78 114 ! ! | j 1 199 177 45 274 329 317 400 110 123 18 sriiVKY OF (VRKKXT IU\sL\KS> November 1943 Table 6.— lii«lc"\«"» of I)ail\ V\^ra«/<* ^al « c»l* lU'lail Store*- h\ Kinds of Bu«-im'v-, 1935—4H • » (i imii \( v i n j v t , <\ !,„!( v . I' 11 'Ml Lnuds B u l d i t - m t i e r i si 1 - a u l l , , t < j ,, abh dur abh \il nml t.,1. i lot .1 HOITX-I Jewelhl)1(1 liiil Total ry | Total I i I j 84.7 85, 7 86. 3 88.2 81.2 85.4 90.0 88.8 and radiu 1935: First quarter . Second quarter Thin] quarter Fourth quarter.... Year. 193G: First quarter Second quarter Third quarter _ _ Fourth quarter. .. Year 1937: First quarter Second quarter Third quarter Fourth quarter... Year 1938: First quarter Second quarter... Third quarter Fourth quarter Year. 1939: January ._ February . March April May June July ... August September. . October....... November Decem bcr. Year. 1940: January February._March April... May June July August September.. October November. December Year 1941: January February March.. April May...... . June... July August..... September. October November.. December.. Year..... 1942: January... February.. March._ April May... June July August September.. October November. December... Year.... 1943: January February March. . April.. May... June . . . July . . August September sf 1 -»7 3 SO 2 82 99 10? s 300 m« 120 1U5 109 o r. 7 0 nr. M7 1 111 *' 9" 107 10t» lit) 107 0 111 0 J12 2 106 > 109 v m i 110 101 0 98 92 102. 108. 111. 111. 102. 103. 113. 115. 116. 138, S(» 9 s,> 0 103. 8 113. 7 122.0 120.6 109.8 103. 7 105. 7 116.6 119.2 132.5 91 y 101.4 106.9 108.0 108.3 100.5 103.5 115.5 115.4 115.5 140.8 108. 7 109. 2 108. 6 98.6 100. 5 113.3 117.4 122.6 124.6 114. 7 115.3 121.5 126. 5 128.1 I 153. 3 94.8 100.2 122.3 137.5 143.0 148.7 131.7 121. 4 121. 2 143. 3 143. 6 156. 2 120.0 i 130.6 } 113. | 120. .... i 129. 143. 143.9 j ! 131.3 ! 130.1 . . 140. 4 147. 5 j 147.7 145.3 | 140.8 144.6 157.8 j 160.2 161.5 187.9 127.4 141.6 161. 0 185. 4 198.8 198.7 181.2 169.2 147. 3 149. 9 150. 0 163. 2 I 164.5 i I I j 103.8 j ! 100.0 ! i 107. 9 I ! 115. 7 ! i 115.9 | i 107.7 I ! 100.3 I i 100.6 j : 105.5 i | 103.9 ! ! 100.0 i ! 110.5 I 99.9 100.6 110.4 110.9 116,0 116.7 109. 2 113.3 121.6 121.0 123. 1 152. 3 101. o 9K 4 .02 1 ioo! 2 54, 0 157.3 69. 9 74.6 78. 0 86. 7 99. 0 102. 9 101. 1 96. «i 96. b 99 8 (> S 7 ". T) i 111 7 122 2 115 121 121 10} ,5 '' 2 1 Its 0 12 i 2 12') 9 lid " > 117 7 us { 85 0 7H 0 81 o 9 3 1 I 4 115.6 115.1 116.0 115.5 117.1 119.5 118.8 121,8 119.3 121. 1 124. 8 129.2 116,5 | 120,0 133.1 137,1 133. 9 137. 9 140.0 144.4 149.1 155,0 147.4 141.6 149.0 152.1 137.1 143.9 .160. 4 169.5 157.4 166. 5 169.7 170.5 176.0 173.3 155. 3 145.5 156. 5 161.5 164.5 140.3 139. 9 151.0 157.9 158,0 157. 5 154,0 159.0 174. 8 178. 5 181.5 213.1 153. 2 148.3 147. 6 146.5 143. 4 141.8 147.6 150.3 150.9 j 154.3 ! 158.2 i 153.9 I 129, 2 ! 121. 1 i 117.1 ! 112.4 104.4 i 99.3 [ 100.2 102.1 101.6 | 100. i i 98,3 ! 91.9 i 159,2 170. 4 161.2 159.2 155. 3 163. 0 162, 5 163.. 7 162. 1 121 1 131 s ? s i (I 91 4 93 1 M 3 U 7 W 90.9 70.9 i 59. 1 I 54.2 ; 51.2 | 51.6 ! 51.7 : 52.6 I 50.4 I 48.7 I 45.7 '' 42.5 > 46.1 46.0 48.7 50.5 48.1 47.4 48.8 50.7 52.2 HH ! 100 I ( t9 S 103 J ! ! i I ! j 103 2 102 0 100 t> Id A 9M S "I. { 110 3 | i n 9 ioi r. 1 1 2 12' 9 121 i 117 b 112 9 Hi 1 11 % s1 107 1 U)S 0 in t 110 H 117 7 H4 S M5 1 101 8 1iO j ( »7 ' ) MM MS 98 1U1 '» Wi 0 ] J 1 j So9 7 MM 0 i «*<» '> 86.3 86.6 80.3 91.1 99.7 100. 5 104 o 10* l> i 96.6 91.7 97.1 98.9 101.3 92.8 101.5 102.2 106.8 110 124 118 100 i 1 4 i) 2 104 107 108. 106. 106, 92 0 106 9 107 2 i 111 7 M < » K s s 7 ' us S 1 0 6 <> 135 7 - l i t ) L in \l\ 118 106 I i 4 ^ 110.2 113.6 122.7 111.4 97.6 3 5 4 0 M2 "s 3 M1.9 9-S 4 101 2 97 6 h8 7 91 2 i 93 8 87 88 97 92 97.0 109 2 10* 4 99.4 100.5 99.3 102.7 107.2 109.4 115.5 118.5 115.3 125. 0 110 7 30" 3 101.6 103. 0 100.7 102.8 112.3 115.1 119.2 119.8 117.8 126.0 111.1 106 2 99 2 95,1 95.2 96.5 102. 4 96.6 97.3 107.7 115.7 110.1 122.8 103. 6 •111.5 112.1 107.4 110.9 111.9 112.3 112.9 114.9 122.6 122.7 122. 6 126.4 105. 8 106.1 106.6 106.3 107.0 107.6 106.5 107.9 110.0 110.8 112.6 114.0 117.4 119.5 i 122.5 ! 122.0 | 120.9 ! 118.7 i 126. 4 130.2 I 136.6 I 131.9 | 128.0 I 136.0 | 145.3 | 114. 1 120.8 113.0 112.9 112.5 123. 0 115.8 125.9 120. 9 131.5 125. 3 143.8 123.5 123. 6 133.8 129.6 131. 5 129.9 135.1 139. 9 144.1 143. 2 143,7 152. 2 104 .". 100 0 107. 7 109.0 112.1 107.. 5 109. 6 115.0 112.7 118.9 119.5 120.0 107 7 10 i (» 113.1 113,3 116,0 113.1 112.8 121. 3 13 5.9 121.0 122.5 123.4 I J 3 86 8 93. 4 97. 7 99. 7 88. 5 100. 8 97.0 98. 7 111. 4 109. 7 108. 0 107.1 113.3 111,7 I 115.9 98.2 130.8 130.5 124.6 127.6 123. 2 133.6 127. 5 133. 5 130.6 141.2 147, 0 156. 8 133. 9 119.3 111.8 124.3 121.1 121.8 125, 5 123.5 125.1 117.7 125. 4 136. 9 137. 1 124.7 ! 112.1 ! 114.9 ; 119.1 ! 124. 2 I 127.7 1 126.5; 128.9 j 129.3 I 131.3 129.3 I 128.2 I 136.5 ! 127.0 j 177.7 189.1 170.0 181. 4 188.1 178 5 ISO. 6 151.4 131. I 12S. 4 142 fi 152 0 132.2 ;141.1 141.2 !145.1 146.2 j 137. 3 157.6 j 145. 3 157.7 | 144. 4 1(12. 2 160.5 169 « 166. 9 177.,) 178. 4 175 f 169. 9 i 170 3 161.9 17<» 7 163. 7 167 J 172,5 162 3 157.8 160,: 82.3 62.0 49.9 46.2 42.3 44.1 43.5 44.4 41.3 38. 9 36.0 32.7 178.2 161.6 152.3 135.9 141.6 128.2 135.3 136.1 143.1 147. 6 144.4 142,3 I 168. 9 ! 176.5 ! 176.2 177.7 167.0 152. 3 148.4 147. 5 145. 6 143. 6 I 139. 5 129.5 46.3 144.7 J 155.2 153.1 36.5 36,3 39 7 40*9 37.5 37.4 37.7 39.7 40. 1 143.8 144.9 140.1 148.0 156.2 149.2 161, 4 162.7 174. 5 123.3 130.8 126.0 127.2 120.4 123.9 125. 2 132.0 123.8 114.3 117.2 121. 8 128.0 132.8 130.6 135.1 135. 9 137.1 135.8 131.2 141. 2 94, 3 105.1 115.4 116.5 118.3 113.8 114.3 108. 9 117.2 111. 1 114.9 118.9 131.6 143 2 145. 5 131 6 129. 3 129. 8 153.9 144, 5 164. 7 158, 152. 4 162.8 212.6 149.4 108.7 113.7 i 122.9 142.9 146.5 139.0 148.7 148.4 164.9 174.3 181. 6 1.71.3 163.9 163.6 163,2 | | | | 166. 7 I 151.2 171.1 I 180.9 173.7 169. 4 176.2 167. 6 173.6 144.7 154.9 135. 4 154, 0 112.6 149.3 113.2 142.4 127.7 135. 7 138.7 131.8 122, 6 120.7 116.2 83.6 88.3 94. 1 91.0 89. 4 84. 87., 86. 84, 96.0 90. S 106. 112. 109. 105. 108. 7 4 9 5 3 117.2 ; 117.8 114.9 ! 122.0 114.2 | 119.1 118.7 118.3 120.0 116.7 123.5 121.6 124.2 124.5 123.1 128.4 134. 7 | ! ; ! ! | 125.3 125.6 133. 1 128.3 129.1 132.5 144.8 126.8 97 K9 92 9f. 107. 5 113.4 109. 6 104. 7 108.8 96.0 88.2 94.9 95.1 J01.6 95. (j 97.. 5 101.0 99. 4 103.0 102 2 101. 5 99.8 100.3 98.7 95. 5 101.4 101.1 107.7 107.2 110. 4 106. i 104. 2 108. 6 105.8 106. 3 104. 8 101.2 109. 2 105.1 113.5 115. 5 117.0 108.6 105. 0 104. 2 106.9 103. 7 103.4 102, 8 99.3 106.3 102. 7 107.0 110.5 114.0 106.2 103.3 108. (> 113. 2 112.2 113.8 112.4 115.0 116.1 115.9 118.5 115.8 116. 4 120.1 122.9 116.5 I 109.5 106.8 106.1 106.0 109.3 110.4 108.0 117.0 112.3 107.7 117.0 123.8 112,2 j 108.7 102.6 103. 4 102. 2 103.7 107.2 104. 4 109. 9 108.6 104.0 114.0 123, 8 111.2 109. 8 108.9111.5 112,9 110.8 lll.O 121.7 119. 8 115.2" 121.6 126. 8 109.0 116.0 153. 3 164.9 163.8 178.4 174.6 186. 3 201.0 217.2 284.8 170. 0 206. 9 185. 5 161.2 I 190.5 124.2 126.5 126. 3 128.6 130.3 135. 9 140.3 149,1 144.8 140.3 146.5 149.1 123. 3 124.3 123.6 132.3 128.8 126.6 136. 2 162.2 144.4 128.6 141. 4 145. 8 137.1 I 135. 5 120.7 124.6 126.6 133.0 129.3 126.0 132.0 153. 2 139. 8 135. 2 141. 3 145.1 134.8 123. 9 124.0 124.4 133.4 130. 1 128.1 139.8 175.3 158.2 127.9 145. 9 147. 4 138. 8 158. 8 i 200. 4 172.4 ! 214.7 178.8 222.4 159. 5 221.6 129. 6 212.1 116.7 209.8 114.1 247.9 120.3 256. 3 133.7 273. 0 129. 2 267. 8 129.0 277.4 132, 6 270.0 161. 0 157.2 157. 6 157. 6 156.1 155.7 163,1 166.0 167.0 171.9 177.7 174.1 181.9 172.0 215.5 153.6 131. 2 136. 6 148.5 156.1 154.4 147.1 160. 2 171.1 159. 4 171.9 162. 2 173.4 162.0 156.4 154.8 177.2 190, 6 188. 4 188,7 206.5 201.3 168.9 248.6 j 205. 2 176.0 162.7 I 192. 9 163. 6 177.0 178.7 233.6 323.1 209. 5 229. 2 208.2 229.0 238.4 246. 0 228. 4 ; o 6 6 100. 0 92.7 92.7 97. 4 128.9 i 122.3 : 138.4 135.1 | 148. 7 152. 3 141.0 I 158.2 159. 3 136.2 ! 153.1 154. 8 146.1 155.5 157.0 142.6 156.7 157. 6 152.8 161.5 163.8 161.0 173.5 177.9 178.1 211.1 214.3 173.1 173.0 j 172.2 162. 5 157.1 160,2 164. 3 172.8 175.9 172.7 166.3 168. 9 156. 4 I 165. 7 167.8 I I ! ! I ! ! | ' 98.9 107. 4 112.6 110.1 105, 6 108.0 0 I 112.8 " > 2 ) 7 0 6 7 3 106. 9 98. (i 106.1 100,4 110.9 I 104,9 101.1 ! 105.2 | 141.2 155.8 149.6 152.2 154.8 156.8 164.4 204.3 174.7 150.6 166. 4 161.0 5 100. 7 98.2 100.5 103.2 99.2 I 93.0 ! 97.0 99.4 185. 6 188.0 187. 0 187.8 163.0 , 155.9 1 155.3 I 163.6 164.9 167. 4 170.2 160. 9 178.1 180.2 193.6 179. 3 159. 3 150.6 154. 5 162. 4 166. 4 167.1 170.2 159. 6 187.3 183. 9 200. 7 188.8 173. 5 166.7 173.7 182.4 182.0 185.1 189.8 172.5 140. I ! | | ! i ! ! cloth- ens apand parel furnand ishings { so riot; 101.0 10] 3 98 2 102.0 104.4 109.2 104.3 108, 6 109.1 112.9 117=9 117.5 118.3 109,0 M7 d 100 ' i 112 3 132 3 110.2 113.9 112.7 114.4 114.3 104.3 122.2 113.1 113,6 118.4 128.6 134.5 129.8 132.2 128.* 131. 4 131.6 137. 1 129. 0 i I ! ! ! ! Kid ('. 99 2 96 7 , QK| 103 0 102 'J 104.7 100.7 102.9 104.8 102.1 110.8 111.4 108. 4 112.2 123.4 ! | I ! His 7 117 7 Mi U'l 100 107 Hjo 73.9 77.1 73.5 82.2 76.3 '20 0 4 o ' 1 i »I 166 1 | | | ! | 105.9 i 55.1 i 93.7 95.9 95.1 97.4 93.0 93.8 97,8 98.5 96. 9 100 9 lor, i , 1(^ "> M(J 173.6 184.8 167.9 179.3 185.4 177.0 179 6 156 5 135 1 132.7 14.") 1 153. 4 S") 7 MJ T; HS M ! 123.0 129.8 I 123.9 128.8 ! 122.6 ! 124.6 ! 124. 9 ! 127,0 I 123.5 123. 1 ! 129.9 132.9 127,6 127.1 132.1 132.7 130. 2 129.4 135. 4 139.8 139, 1 146. 1 148.4 155.0 130. 6 133. 1 : 109. 4 113.2 119.6 130.3 131.9 136. 2 132.3 142.4 151.7 145. 8 149.9 182.1 157. 8 172.1 172.3 182. 7 177.8 187.3 172.7 177.1 192. 8 <M 111,' 110 12C 107 H 91 85 S9 % 9 < 7i Ss SH 90 7s i sO 7 S2 2 sj i M »i C 10") b ' 10' 1 103 « 105 3 10-S 0 103 7 106.2 i 104.9 105. 2 1C5. 7 103. 8 101.9 106. 6 105.4 103.8 107. 2 105.9 105.7 106. 3 105.8 103.2 108.8 111.5 110.2 110.8 113.3 112.4 111.5 113.5 108.8 113.2 115.0 ; 112.3 116,1 122.7 | 123.0 108.7 109.2 i 107. 6 149.4 ! 105.9 ] 163.6 I 149.4 137. 3 119 1 si i In* * 97 ^ Ml 1 MM 1 148. 151. 144. 149. 15Q. 146. 149. 177. ... M] ](>1 10" 114 "«1 7 7" s M 1 Ml (. SO Ml (i J23 f> 1(1" 0 111 .... ___ Apparel group j Year and im 169. 8 167.9 181.7 138. 9 244. 5 163. 6 175.1 165. 8 180.6 160.2 148.0 148.0 168.5 177.8 171.0 170.0 184.1 185.8 169.3 106.0 112.3 108.6 112.2 127.9 121.7 114,4 114.9 108.9 156. 5 157.8 152. 9 157.4 151.3 156.9 158,7 164. 2 155. 1 161. 3 158.1 152.1 152.6 142. 9 147.8 158.6 147.7 143.8 183.7 179.3 177.6 176.0 166, 5 175. 3 192.0 177.1 172. 4 114.2 113.5 98.7 103. 5 93.4 90.2 88.6 86.1 83.9 263. 5 302.4 301. 9 319.6 301.8 293. 3 335.2 338.5 348, 1 180.6 194.7 182.7 179.4 175.6 185.6 183.6 184.9 183. 4 207.2 278.2 200.7 197.7 179.9 215. 0 196. 0 207.3 198.9 178.6 14 SURVEY OF CURRENT BUSINESS November 1943 Table 6.—Indexes of Daily Average Sales of Retail Stores by Kinds of Business, 1935-43—Continued Adjusted inch v > (19,35 39-1001 -Continued Nondurable goods* stores Food group Year and month j Other retail stores Do pail ileneral, Other | Grocery | i Filling :m.ntf .ncUon. ,n.iaiiVari and | Other jstations Total indud- mei- B food urn ehandbe ehandisei binamail w Uh and di \ ' tion 1935: First qunrter. Secondq uarter '/Third quarter Fourth quarter Year 1936: First quarter., Second quarter j Third quarter; Fourth quarter | Year— 90.4 89. 6 88.6 91.0 89. S 90.8 89.1 86.3 87.5 88.3 74. 3 77. 2 79 9 84. 0 79 1 91.4 94.6 95.3 97.7 | 95.0 i 85. 7 91.0 94. 4 99.2 93.1 b5. 00 9 91 0 \ 91.? 9." 100 103 105 101.9 106= 3 108, 0 107.0 i 106.1 2 1 > 98 5 7 j 102. 1 I i 105. 2 IOJ-1 106 10* 107 105 JUO. y 105. 2 105. 9 106. 0 108 8 104 9 105.0 103 4 101 8 107 8 101 5 106.1 108 9 114 3 106.9 104. 8 105. 7 109. 5 104. 0 100.5 103. 7 98.5 105. 8 101 0 97 6 105 8 112 4 104.9 109 4 106. b 107. 4 110.1 108.3 10'* ° 104:. 1 101. 7 100 o 106.8 108.1 108.3 107.4 107.6 107.7 106.2 108.7 113. 7 111.4 115.0 112.0 109.1 104.8 102. 3 103.0 108.1 107.9 109. 2 104.6 108.1 109.8 110.4 113.8 108.5 109.5 111.2 108.8 109.6 111.6 113.9 113.7 112.7 115.7 114.8 116.2 121.6 05 2 Jl 7 108.4 116.4 107.3 113.4 i 103.1 111.3 112.3 114.7 114.5 117.7 116.0 116.9 117.3 115.8 117.9 120. 5 121.7 111.8 112.5 114. 9 115. 5 119.4 117.5 117.1 118.4 116.7 119.3 122.4 122.3 109. 8 111.7 113.9 111.2 112.5 111.4 116.4 113.7 113.2 113.4 114.5 119.8 122. 3 114.8 117.0 115.4 117.8 119.5 119.3 120.1 113.5 115.9 123.0 122.1 101.2 100 6 102 0 101.0 101. \ 101.0 99.5 102.7 103. 4 105. 8 105.3 107.7 9 7 i) ,» " 0 74. 8 80. 7 80. 6 85. 5 80.3 75.7 76.8 80.4 88.6 80.2 90.0 97,4 VOL 8 99.9 93,6 98.7 100.3 105.7 96.5 103.3 109. 7 116.6 97.3 i I I j | Other 53. 5 63. 7 70. 3 74. 6 76.7 80.1 80.4 82.4 82.6 93.1 86.4 92,6 88,. 0 | 106.2 102.9 99.8 104.8 100.2 I 106.7 ! 103.7 ! 66.0 80.1 86. 8 84.9 90.8 95.6 105.6 95.5 85. 8 96.0 96. 9 100.1 95.6 100.2 105, 4 101.2 103.8 105.4 104.7 103.5 110.0: 114.0 i 1J2.6 ! 109.1 ! 111.0 112.5 112,1 111.1 111.5 ! 120.5 ; 108.6 | 112.1 104. 5 112. 0 111.3 105. 7 108.4 90. ft 102.6 9'). 1 99.4 06 6 101.4 9S 2 103.8 123,2 126.9 122. 8 107! 3 102.6 108.4 101.9 108. 8 106. 5 106. 2 107.9 106.7 107.6 106. 0 109.9 107.9 111.2 112.7 112.5 109.3 105. 9 105. 5 104.3 105.0 109.1 I 109.6 111.7 108.1 112.4 113.4 112.9 120.4 109.7 95.6 I 102.1 99.9 101.2 97.1 ! 101.0 105. 6 91.5 111.3 102.2 102.3 110.5 102.0 113.2 105.1 97.7 106.8 106. 3 106.1 ! 107.1 110.5 j 104.1 120.3 i 111.0 115.0 112.5 113.6 112.9 113.4 112.5 117.7 119.8 117.4 123.7 125.7 125.3 104.4 ! 103.8 117.9 111.3 ! 109.3 j 107.4 111.9 111.4 112.1 113.8 111.9 118.3 118.3 116.1 125. 7 114.1 106.6 107.1 108.2 107.8 108. 9 109.8 108. 4 111.2 110.5 110.8 112.8 116.4 110.0 j 110.8 I 109.3 | 106. 7 107.5 ] 108.7 ! 110.4 ! | 111.7 | J 118.2 | 115.8 ! li:3.4 119.8 i I 122.4 ! I 113.8 112.0 j 119.4 117.1 121.4 116.1 119.9 129.6 126. 3 128.1 121.4 122. 2 12L 6 128.0 115.5 116.2 116.4 116.1 121.1 122.2 118.6 119. 9 117.4 116.4 119. 4 117.5 122.1 112.9 120., 7 107.7 110.8 132.8 135, 9 129. 6 110.3 114. 2 102.2 110.9 117.7 119.0 122.4 118.6 122.1 128.2 123.2 129,3 120.8 125.7 130. 2 139. 9 126.2 I 116.0 114.8 110.3 115.5 116.9 119.1 118.4 121.8 118.3 119.7 123. 4 127.0 122.9 124. 2 122. 0 127.4 125.9 130.4 137.9 127.4 134. 2 135. 2 137.5 140.7 146.1 133, 3 I 01, 7 07. 7 102 o 91. 8 85^5 86.1 90.2 j 106.6 107.8 106, 9 114.0 9 3 ] oi>. 1 MS 2 101 3 102 6 101 < » bb 1 -01 9 100 2 87.3 103.3 S7.5 102. 7 103 S 86.9 i 102.0 103.3 84.8 ! 97.5 102.4 ! 102.2 85.0 106.1 104. 5 88.2 106. 5 105.0 88.6 109.4 85.9 104. 5 109.1 7 8' 7 110.2 111.8 103. 5 ! 106.1 j 87.3 ;*.") 0 07 b 100 1 07 l > 111.4 112. 9 114.2 114. 5 113.8 117. 5 117. 8 114. 9 115. 2 119 4 121. 6 123 2 100 100 107 10t io,? 88.0 85.7 87.0 88.5 Liquor All retail stores, in 193539 dollars 96.9 i 94.8 i 97.5 ! 102.4 98,2 01 l 00 s 106.8 109.5 10,9. 6 109.1 107.9 107.5 107.1 106. 4 108.7 107.5 110.0 111.4 JO, 3 107 6 HL' 7 107.6 00, \ 106. 3 106.7 107.0 107.1 107.7 108.1 105.8 108. 6 112.8 111.2 114.7 111.1 108,7 •V) 0 100 7 ' JO'S s 101 * no no * i 1 2 Feed | Fuel dlKl I Total ! farm I and ice j supply j 87. 3 SO. 1 90 0 92 ,* JUT 7 110.1 109 o 10* J ; ioo I 106 7 10s I 107.0 104 6 oj l , 100 6 10a 8 104 6 H).3 'i 105.2 , 91 2 1037: First quarter. •Second quarter Third quarter Fourth quarter Year...1938: First quaiter. Second quarter Third quarter Fourth quarter Year 19,39: . January-. February March.-.---April.-.-----May •-June -----J u l y - —----August •-. September.:-. 'October.- —-November-..: December Year Continu< d (it neial nn'ichandise group 88.2 ! 93.8 90.6 95.7 101.2 95.9 103.1 106.3 108. 5 113.1 99,8 98.8 10L2 106.2 January February..March..- ._ April May June -July. August September^. October.-»November.. 1 >ecenil)er.. Year-.- 111.3 107. 6 106. 6 104.7 111.3 113.1 108.4 119.4 109.7 104.5 114. 8 123.3 105. 8 105.9 103. 5 100.6 108.1 112.1 106. 3 115.3 104.1 99.8 113.1 118.1 110,9 112.0 113.8 110.7 111.5 112.4 110.5 111.6 113.1 115.2 117.0 120.0 122,1 123. 6 126.8 123. 8 125. 6 126.4 127.1 128. 2 128.7 131.3 133.5 135. 4 112.1 108.7 113.6 128.1 116. 6 117.5 113. 7 118. 7 118.5 116.7 January. .February. . March April May-. June. July August. September._ October November.December... Year... 122.4 125.8 125.0 l£2.8 129.8 130.3 137.8 160.7 140. 3 128.1 140.6 140. 6 122.1 120 1 121.1 123.1 125 3 1>7 7 129 7 1'35 '3 136 2 133 7 HI 0 112 1 140. 1 123. 8 124. 7 125. 8 126. 7 120.3 I U) 0 134 t > U7 1 141 0 I1 $ ' Mb 0 3'0 0 125. 7 126.0 127.5 128.1 131.5 ! 132 7 13t s 1 37 6 | 1 10 b 141 b 118.0 120.8 120.6 122. 2 122.3 12") 2 131 1 i 13') 7 112 1 | 1 3s 0 130 I 141 2 | lift > ! 125. 6 127.7 128.9 132. 5 136.6 J i< 7 !43 ^ US f > lib 3 112 2 142 M 148 * 115.2 ! 118.3 I 115. 1 I 121.6 I 120.0 I 122 0 131 1 lib 3 89.4 i 121.7 j 59.5 I 125.2 i 86.3 i 121.4 I 129.2 j 90.4 I 90.2 ! 127.1 i 12* 1 02 0 01 1 111.1 lb_> 0 00 7 1 10 S 12s 2 01 4 123 1 1 >,2 0 111 1 ' 01 0 137 s 131 S 101 0 112.0 115.5 114.2 119.7 121. 4 12) 8 130 5 lit 2 13) ) 12, 1 [20 J 130 b 120.3 125.5 123.0 127. 5 124. 4 12b s 1 5 S i 1 1 30 b ' 131 1 133 b , 1 37 0 1 1,7 7 | 128. 5 120. 8 118. 5 132.1 128. 9 134.4 126. 9 133. 7 133.8 133. 3 lbS 7 ri 160 s I Ibl 4 IbO 5 1 1<>7 1 IbO 3 160 0 14S > 1 I b S 2 174 2 s l<>0 0 115. 5 119. 8 110 7 121 0 13s ( 137. 3 143. 5 141, 7 146. 9 151. 4 15' 3 iU> Is2 *i ISb 2 HI 7 175 b 1 103 2 177 1 , 13s s l_>b 3 j >" I m 1 14$ 2 1K» 0 120 0 , Ib3 1 1 IV 0 14 i 2 144 1 lib 7 145 5 1 49 5 152 0 155 o 171 2 1 171 3 , 17 3 f > 17s ' ' lsi b 174 7 171 s 1 150 s 1 17s (. 151 1 ls2 s j^7 1 193 6 107 2 ls() 7 lsO 1 ls2 o 100 1 20 j 0 ]0b 0 200 1 2is n 2 32 0 14b 0 I 97.6 135.0 j 126.1 123.4 116. 6 128.9 124.5 121.4 133.3 149.0 125.1 121.3 132.8 147.3 130.2 ! January. .. February... March April.. . - May June July . August September... October November . I >ec ember . Year ... 169.8 I 165.7 172. 2 162.1 147,0 145. 8 166.1 177.3 164. 3 159. 5 173.7 177.8 176. 7 164.7 153.6 164.1 154. 6 151.3 179.9 181.8 162.9 170.9 178.9 180, 2 164.8 167.1 January. -_ February... March " April May June_._ July August September 201.3 272. 4 198.1 190.1 j 184.0 211.4 201. 7 212. 6 204. 4 210.1 230. 5 178. 3 168.2 i 141.9 i 219.4 ; 148.7 | 165.1 i 101. B ! ! 012: l'JO I I Ibl 171 17") IM 7 5 1 S 17b 1 170 2 ITS (. 147. 0 145.1 146.6 149.7 ill IV* 1b'> lbS 170 177 17b 8 ] I"* h 10s 2 205 ! ' 20 3 4 I 211 1 l 160 b 162 0 101 b lbs 7 170 b 171 1 SI \b ) \ 1'4 Ibl 1bs 172 1 111 S 0 S 1 ^8 0 I H 7 j 21 0 142 7 , 122 0 1 30 11 , 12< s 1 30 b IK, 1 1 117 0 in 2 ill 0 11s * 110 7 lib 4 1!'. 1 i 47 5 147 < > (! ' b nil b IV) 1 t( 1*»> 1 vj2 o ; 22n 3 21(5 t, 211 7 212 < * IM. 0 ( 131' 1 > 1 7 IM 1 I5« 0 1*7 0 I 155 4 IS* s . 201 2 2~] 6 2 >s 2 272 0 i7b 0 ' »M h 106. S 105.4 104. 2 104.0 105.6 106.2 107.0 111.8 109. 6 108.4 113.1 116.4 109.1 170 1 lbt v 313 1S-5 b Is") 0 ' isf< \ 17 ) 7 17(> 2 1*2 0 17s 1 17") \ 17'* o IM 2 151 0 1 )2 1 IP") 1 A) \ 12S 0 no ! 1 M ' m 2 112 2 , 107.4 104.9 105. 9 104.0 107.0 110.1 108 6 112.2 107, 3 106. 1 111.7 117.7 li 0 b 10b 'J Uh 0 101 1 100 2 100 s ' no o 1H 111 IK 100 Us in 11s 11} ro i 11 > s ' 170 0 r-% o IV 2 111.8 ' 113.3 111.3 113.2 111.4 112.4 116.4 11.5.4 117.1 118.0 123. 4 86,1 1 109.5 ! 115.8 1 I 7 0 148 b 140 3 110 S 1 s 1 ri « lob s ]7s ri 17s R 171 * * 1<2 3 117 1 1 W) 4 1 i() 2 21 ' s Jsi, 2 IV) i ' 170 ", 177 1 171' 3 I ' I I i ! H! 1 lb] b ~>3 3 87. 8 86. 4 80. 6 85.3 87.1 84.7 84.6 84.8 83.9 84.6 85.8 88.4 5 0 •» 0 no * 1 1 " ", (Continued on page 19) is I) 17 s 1( M 1 is 1 0 2O> 0 lOl 7 117 r) 147 1 113 4 140 I Its 4 140 0 lr7 3 111 s lls 1 111 3 , lb" 4 1 3 2 S 110 2 15 3 " 123 83 99 201 1*30 ] IM 4 193 2 1 200 0 173 1 , 20 3 7 201 9 212 1 174 } , 217 2 1 229 7 ! ll'» 0 14b 1 212 4 | HI 4 24S 1 I 127 S 210 0 , 120 7 143 0 ' 110 5 213 2 ICO S ' 17s 3 )07 1 ' 111 0 !• * 0 171 6 103 s 200 7 201 3 210 b 237 1 21S b >f>0 " 2)S 1 240 1 272 0 20s 1 *07 0 ibO 1 1 12 0 Ibl 1 21S ] 221 ' 142.8 146.7 146.1 150.3 156. 6 117 t 163 1 i IbO s ' 194 7 112 HI IM is} ! 7 ' s 7 ( > ISO 0 10* s 173 ( > 171 1 i 171 J 171 7 Ibb 4 IbO 1 154 1 119 0 , 170 » , > 1 »7 0 17} N 17 l S 173 3 227 " , 177 4 lsl 2 I T :» l~0 S , 27b 2 2h* 0 270 O !71 0 isl 7 lsl O 21 > 1 f 17) 3 1 *1 '3 12«'* •• 123 2 1?" 0 lib 0 121 \ 121 1 1 21 7 120 2 Io0 n 2"2 0 272 1 , -'0 1 1 2'ti 0 119.5 129.8 133. 8 129.6 132.3 132. 9 13) 1 i37 7 2 41 0 ' 32 1 121 2 12b 7 12') O 111 < > 122 1 1 '2 0 121 O SURVEY OF CURRENT BUSINESS November 19-13 15 Business Discontinuances, 1940-42 Genevieve B, Wimsatt9 Business Structure Unit, Distribution Division recent period DURING thewar economy, of transition to a American business has been required to make difficult and varied adjustments. Conversion programs, restrictions on materials and supplies, price controls, rationing, manpower restrictions, and disruption of normal markets suggest but a few of the problems encountered during this difficult period. As the war goes on and later, when the reconversion to peacetime production occurs, the difficulties will continue and in some cases be intensified. As a result, there has been widespread interest in the question of how American business will be able to achieve the necessary future adjustments. Particular concern has been frequently expressed as to the ability of smaller firms to survive the war. The opinion is widely held that there will be a relative decline in the number of small business firms with a corresponding weakening of the small business segment of the economy. In order to provide factual information on the impact of the war upon the survival of business firms of various types and sizes, the Bureau of Foreign and Domestic Commerce has undertaken to collect and report quarterly data on business births and deaths and on changes in the number of operating firms. As one of the first steps in this project a compilation of data on business discontinuances based on State Unemployment Compensation records has been completed covering the two-year period 1940-42.1 It is the purpose of this article to present these data. It is hoped in subsequent issues of the SURVEY OF CURRENT BUSINESS to present the results of additional studies of this type and to provide current quarterly data2 on changes in the business population. The term business discontinuance as used in the present study refers to the cessation of operations by a firm, either when the business is liquidated or when it is transferred to a successor. The data are limited in scope to firms employing one or more persons. All in1 The preparation of these data would have been impossible without the helpful cooperation of the Employment Security Agencies of 31 States in furnishing the number of inactive employer accounts from their records. Particular appreciation is due the Bureau of Labor Statistics which first collected the basic data from the State agencies and made the figures available to the Bureau of Foreign and Domestic Commerce. 2 The reader is referred to two prior studies, Small Retailers Face the War, Senate Special Committee to Study Problems of American Small Business, print no. 13, pp. 39-53; and Small Retail Store Mortality, Bulletin no. 22, Economic Series, Bureau of Foreign and Domestic Commerce. dustries are represented except agriculture, forestry, fishing, and the professions. Since reports were obtained from only 31 States, the final figures are national estimates built up from partial data. The States were first grouped into nine regions. Thefiguresfrom the reporting States in a region were next multiplied by a factor derived from census data and designed to adjust for the States within the region which did not report. These estimated regional totals were then summed into national totals. In many of the States for which figures were reported, the unemployment compensation law covers only those employers with more than a stated minimum number of employees, usually four or eight. Thus the available data on which the estimates were based were fairly thin for firms in the smaller size groups. Size of firm was measured by the number of employees at the date of termination. Comparisons were made between the size distribution of discontinued firms according to employment at the date of termination and employment in the corresponding period of 1939. These tests indicated that use of final number of employees resulted in slight concentration of firms in the smaller size groups. In no case are firms without employees included in the estimates. Briefly highlighted, the new data indicate a sharp increase in the number of business discontinuances between July 1940 and June 1942. The smallest increase was recorded by manufacturing concerns and the largest byfirms engaged in contract construction. Very small firms, i. e., those employing one to three workers, and large firms, i. e., those employing 20 or more persons, experienced relatively greater increases in the number of discontinuances than did firms having 8 to 19 employees. The total number of business discontinuances during the 2-year period amounted to 18 percent of the firms in existence in 1939. Among firms engaged in retail trade and in finance-insurancereal estate the percentage was only 10. On the other hand, the percentage of discontinuances for mining and service companies was 40 or four times as high as for retail trade. A little over half of all firms discontinuing sold or transferred their businesses to successors. The proportion of transfers, however, varied widely among different industry groups. Whereas four-fifths of the building contractors ceasing operations liquidated their businesses completely, only onethird of the retail businesses were liquidated. Complete liquidations constituted an increasing proportion of total discontinuances in the latter half of 1941 and in the first half of 1942. Trends in Business Discontinuances, 1940-42 In the entire 2-year period surveyed, July 1940 to June 1942, on basis of State Unemployment Compensation records, about 273,000 firms (from the included population) went out of business—or Chart 1.—Businesses Liquidated or Transferred to Successors by Size of Firm THOUSANDS OF FIRMS 50 40 TRANSPORTATION AND OTHER PUBLIC UTILITIES '<£( CONSTRUcffoN^^;^/ 10 JULY TO SEPT OCT. TO DEC. !940 JAN. TO MAR. APR. TO JUNE JULY TO SEPT. 1941 OCT. TO DEC. JAN. TO MAR. APR. TO JUNE 1942 DO. 43-616 Source : U. S. Department of Commerce based upon State unemployment compensation records. 16 SURVEY OF CURRENT BUSINESS 3 about 450 each working day. (See table 1.) This number represents about 18 percent of all firms operating in 1939. During the period, the trend in number of discontinuances was generally upward. The number increased from about 23.000 in the third quarter of 1940 to a peak of nearly 40,000 in the fourth quarter of 1941. Thereafter, the number decreased slightly to about 38,000 in the second quarter of 1942. While the broad picture of business discontinuances during this period is one of marked increase, the rise was not equally great among firms of various sizes. Prom table 1 and chart 1 it is evident that discontinuances among the very smallest firms, i. e., those with 1 to 3 employees, increased more rapidly over the two-year period than among the firms in any other size group. The least increases in the number of discontinuances occurred among the medium-sized concerns rather than among the largest firms. With some exceptions similar relationships for the various size classes were found within each industry group treated separately. The relatively large increases shown by firms with 50 or more employees are due, however, chiefly to the discontinuance of a few large concerns in construction, transportation, and finance-insurance-real estate. A comparison of trends in number of discontinuances for the several industrial groups also reveals signficant differences. (See chart 2.) The number of discontinuances among manufacturing firms per quarter declined by about one-fourth during the two-year period, whereas the number of discontinuances among firms in contract construction increased nearly three times. Trends in number of discontinuances for the individual industrial groups within retail trade and manufacturing are presented in tables 2 and 3. (Further information for firms of various sizes within these groups is available from the Business Structure Unit of the Bureau of Foreign and Domestic Commerce.) Highlights from these tables are that firms selling general merchandise showed greater increases in discontinuances between 1940 and 1942 than did other classes of retail stores. Automobile dealers fared relatively well during 1941, but the number of such dealers going out of business doubled during the firsi half of 1942 as compared with the number in the last half of 1941. The figures reflect the conversion of the automobile manufacturing industry to war production. Rising incomes and consequent in3 Business discontinuances reported by Dun and Bradstreet for the same period amounted to 651,100 for all concerns including those with no employees. The trend in total discontinuances shown by the Dun and Bradstreet figures differs considerably from that of the present series as shown by the following comparative indexes representing number of discontinuances by half-year periods: Dun and Commerce Bradstreet July-Dec, 1940 100 100 January-June 1941 124 112 July-Dec. 1941 136 93 January-June 1942 147 104 November 1943 Table 1.—Estimated N u m b e r of Businesses L i q u i d a t e d or Transferred to Successors, Concerns w i t h One or More Employees, By Size a n d I n d u s t r i a l G r o u p s , Q u a r t e r l y 1940-42 i I n d u s t r i a l " ; o u p ' H i d s i / - oi 1'Usiix 1 ^- 19 10 T..M! .? ulv I'M,) I1- 191 lan.\lurch Apr.Iime Jul\ l'>o7\ 31. 9 2 s 33,710 J". 715 3'i 5 '7 25. 320 4. 1V» 2 537 907 1 17 27. sVi 5. 70h 3, s33 1..V2 30. 71." j ~Sti 2. 5_'3 f'."3 5_(; .fuly- .liiue 272,.W Mi;.: n 3 1 , 1 "'» 32. P s P'.. (.15 3, .V,! 2. 192 t>52 273 •>1 s o o 23. 00," 1 5*',4 2 52s 1. 033 sW '»7s 731 :-:o() :>.s*. s, ! i^7 ". ' 75 ,, t , l ! ; i l !- 3 t'llip!') 1 , i v 1 ', (' m p ] o \ u < S Pt t ' U l p l o * I'C" V ! :* eiir l<.\,v- 1 , Si "I7 1,300 21. 450 1, OiiS 2V 305 <)02 300 ! 7 eTtiii](t\ ci'v M a n i l l a ; l u n n s i , t<#i*tl i 3 i-:npln\ <v- 1 7 emp]ov< 8 19 employees 4(» e i i i p l n x e c s 50 or more t>'mpl<.\ecTrui-portation, communication-, and ntliir IHIMK- utilities, t o t a l . . . I 3emplo>.cs . 4 7 <>mrlo\ee-; . . . 2~4 50 or moie employees.. . Whole-ak frad<\ total ! S, 539 12, 425 3 3 emp]o\ets 3/210 4-7 employee-- . . . ., 1,953 s-19 ernpl<>\ees 727 20-19 employer1-' 218 50 or more employees Retail trade, total 00. 325 45, 370 1 3 employees 8. 002 \ -7 employees 1, 597 8-19 employees 1.428 20- 49 employees 32S 50 or more employee^.. Finance, insurance, and real estate, 17, 74S rot i! . - 4-7 t mployees 8--19 employee 20 49 emplo^e^ 50 or more emplo>ee< Fervic^, total 1- 3 cmplo\ees 1 7 emploxee^ s ]<) cmplo\(-"'S 20-49 e m p l o \ e e 50 or more e m p l o \ e e ^ . . . . 14, 820 1. 988 030 22 • > S2 102. 423 82, 070 12.IM0 5.0 40 1. 702 371 i. !'»3 : SOO ' 151 170 51 ' 12 3, P 12 2, no ' 432 3-s 900 , 1.001 750 99 15! Is 13 2 , 2>M0 05o •»0i pi', ' 51 ' 0'M) 1 13'' J S," ! 53 29 7> 1.0'il 0i05 154 15" 7o 1, 70! 3.300 isO 211 319 .Ms 17 9< '• 757 3si 171 92 2. or 0 3 73'. 1,^50 • >70 *',22 is 3 255 1, 500 013 599 ."521 55s 222 ;;,",<! 1/291 1. 105 179 3so 3s s 207 33s 701 525 0s S2 1.17W 1. 100 80 , ss3 050 7<i9 55(1 2">( ' 1,125 52 S3 2,0(»0 2, K)(> L400 349 232 77 32 G, 573 4, 935 988 475 144 31 h 500 540 382 100 71 7, 003 5, 385 1,155 795 208 00 2,587 i 2.185 2, 150 ! 1,900 282 I 157 102 100 34 ! 10 19 i 12 13,140 | 14,407 10,475 ! 11.925 1,089 • 1,02s 720 021 2( 'S 202 ; 22 54 3, 001 2. 400 414 122 48 17 15,709 12, 395 1,9 41 1. 009 2, 119 1, 350 2, 53S 1,850 ls0 323 279 70 10 8,149 6, 290 1,130 400 219 38 2 48 ' 92 70 10 1 ' 5.3,s7 3, MO 975 478 94 30 1 04 4 1^350 238 3.s 10 27 0, 787 4.845 , 1,120 014 , 157 , 51 2. 200 l.s-20 292 U't 31 2 7, s'92 5, 935 r. 147 10,237 7. M", 1,517 013 171 20 710 210. S3 19 189 83 11 8, 070 6, 085 1, 174 013 144 00 2, 297 2, 000 202 01 31 3 10.837 8. 030 1,404 597 178 28 ,S(>* JS 12 2, 4S5 ' 1.050 J 192 577 700 l«s 121 03 29 19 210 1 no 1,000 95 103 77 112 29 ' 1.01U 3. 752 •v. 33 2SS 70, ) i.V. 7o( M 7s 79 }•'<"> 3/XI2 ?.. 000 700, 0(H i "1 1 10 • '-v pi 3. OsO 1,s50 ' '"i09 , 002 ' 215 19 4 \2 51 5. 3271 4. L5' (Wo 371 253 132 17 19 Mi ','" (1 2 / }'» 3, oOl 2. 250 3(!') 94 ' 0o ' 122 i<- :. is2 50 22 179 153 3s(» lss . o-;7 "-2 S"0 . )(i5 1. 0<*s 2! O.( 3 1.0'«s J01 Tan. Aiuich 2, S.-.2 1.500 520 19 4 27. < 3 s 13. 475 •\ 7!s 1. 8 it", 2, 517 2.0* »2 s7o 8-19 eni!>l<Ae<^ 20 4'< e m i > l o \ e e < ( 205 70 \ M I 0, 550 . "V. 735 3, oo2 27 2( M*7 s- !U e m p l o \ e''s 20 41) eini>I.'i>ee< 50 or lilwre e m p l o \ ee> 1-3 e m p l o y e e s 75! 500 107 90 7»> \'2.'> \\'< 20 19 • mploveein or more emplo\e"N 20 22, 713 2ol. J »0. 21, s, 1 I J . ' I P p l o X r , «. \ 7 e l l - p h ^ > cs s p.) e m p i o \ ( ("v 20-49 i m p i o \ n ."<: o r l i i ' J i c < m p l o \ i i - O( t j. V 3 .*)«• 3, 171 J. 775 527 5S7 2* 5 317 1. Is7 875 157 9s4 550 r V)i ~>2'i 2s<j l'>2 i < u 25 2, 491 357 212 93 29 9, 341 7, 345 1,104 5S2 • 220 30 ->()( !">( 9"" 7,< 57 22 s; 1 S()() •«)(• 703 302 H_> 2^ '•12s- 53s 750 477 219 70 16 409 0, 075 890 574 242 28 t 1,803 1,000 191 52 15 5 14,005 12,150 1,701 15, 470 12, 915 1, 013 593 07S 17<i 230 4( 12 1, 851 1. 54C 212 00 28 » Based upon State Unemployment Compensation records. creasing use of automobiles in late 1941 and early 1942 resulted in a very favorable showing for filling stations. Gas rationing did not get under way until the end of the period covered by the study. In the manufacturing field, sharp declines in discontinuances occurred among the producers of petroleum and coal, rubber, and electrical machinery products. The greatest increases occurred in the iron and steel group, but these discontinuances were largely among the very small firms. Severity of Business Discontinuances Among Different Industry and Size Groups In comparing the severity of discontinuances for various segments of the business population, it would be desirable to express them during each quarter as a percentage of the number of firms in existence at the beginning of the quarter. This procedure is not at present possible because of the lack of periodic data on number of operating firms. In connection with the present study, however, estimates of the number of firms operating in 1939 (within the population of businesses included in this study) by size and industry groups, were prepared on the basis of Census, Internal Revenue, and Social Security data.4 The number of discontinuances among firms of each industry-size group have been expressed as a percentage of the estimated number of firms of the same group operating in 1939. (See table 4.) By means of these percentages it is pos4 The total number of businesses and the number in each industrial group were taken from data on the number of employing organizations covered by Old Age and Survivors Insurance. See release of the Bureau of Old Age and Survivors Insurance Quarterly Tabulations of Employment Volume and Taxable Pay Rolls of Covered Employers: 1939. The size distributions were estimated on the basis of data from the Bureau of the Census and the Bureau of Internal Revenue. SURVEY OF CURRENT BUSINESS November 1943 Table 2.—KstiinatCMl Number of Uclnil Husinessos Liquidated uv Transferred to Sur<"o-sors, Concerns With One or More Km[)lo><^. Quarierh 1910-12 i lnnl Iul> 1'iU 1 Ju-i Ji»U ]<»w _ _ l u h N p O< t I)» . . J u t . M .itli / Food tii'l liquor Aut<r"oii« c \ p p u e l avA n e o ^ ' U i i s E itiT'u .n,d d n u k i n g p h c IMHI'.J--iations _ ... N o t il-owh. i c c l w f «.<! 1 i ! i; I \ p i Mint J v, r-i v c >" > I ! »7 ,"(, ,>7 2~- l'Ul _ 7' »•- . _ » J ' '«," Tl ' i .i SI i •»»«' \].r.- oil f , :2»,.", i" ' ;ii III. J » r M l 1 M 1' i i Hj ' 'i iiju.u si \\ s I roiiii>i()\ men I COMITX \i-\\ i< I, K i v . i d - Tahh- 'J.—-F^limaUMl Niiml.rr of Maiiiifartiir'-ng Bu^ijfie-^es LicjuhSaUu or Trail1-(Vrreel to Suor«*ss<ir>, (loticoriis vwlh Four or \l««re Kiii|»Ii»>t*«**', Quarlerl\ I910-I2 1 hi l'fii ' . U M i U H I ' lPLT ' , t ' \i] I'S MUn.ui-, lotal 1, 11 ..,-n M A , : .- hii ^i i( i \\ 1 7 1. . i ^ ^ ,- ' ' 2 ' ^ ' J'o.i i Si. i»s ( ! u ' i iv Air <md iHicd [^odiut 1 ^ J l u d i i f K of p p t ' o h ' u n a n d co.d . p 1 i a t 1101 m d li ihor p^udiHts c toiu- t l n , ; nd eia^1- p m d i n h ' Iron. ^i-( 1. all i tlHU piodM('-> ' i m n ^ M . i i iti»inniiiipTiioiit"(L\ctptant » me ! u h Xt)iif< n u- vwi d s a n d th< u p r o d u c ! I lot t i n d m i' LIIK x\ ] \ 1 i i i l " i ' \ i» \ < i p t , » ' 1 1 ' U ' ; V l l t o i 1 o ' T ' o i l i r i i h l < > ! > i j » t (J U i p ' ' l i t J\"i u ' i ' i i t o u it i n i ' f c i i H i ' i 1 i r d u ^ i, ml \n Ill'U J M i /< ! I (is IOM,1 a n d k i n . ' u ' l ]-io<lucb r l ol\U'co iiianufICUIU'S .._ A p p i r o l a n d otih'i hnMictl U ' \ t i k [ i t . l not > . T urnlu r .tr^l t n n h o r b \^\c prculuc'1 UrTJ'tUio 'Hid fjIU^hcM ltllhlwr JTOdliC t i ' ' ] ••! ami allied p i o d m l .. T> rintni- m d p u M M i i r u a n d alliul in- J'l'\ ^ipt ( -i Si 110 1, 1 !'l :u "27 I.' 1 .-»-* f]0 i j 1 ~ 2\ i() «,: • i:; ')." i 11 ! Ml 'JO S ^ U l_ 7' ( J s 1J in 15 7( I4' 'i "'- 1 >! 1! •»> it !' lj .'( it i i 21 >') !', \'7 Ai 10 i7 i> 1 > i * , .1 83 ! ' 11 iv d un ^i i«> I i n n pl<.\M".nt ( o' records. ("hart 2.—Businesses Liquidated or Transferred to Successors by Industrial Groups1 THOUSAMDS OF FIRMS 50 50 OR MORE E M P L O Y F F S ^ 40 30 17 sible to compare the severity of business discontinuances among various segments of the business population. As would be expected, the percentage of discontinuances varied inversely with size of firm. (See chart 3.) For example, the percentage of discontinuances was four times as great for firms employing 1 to 3 persons as for firms employing 50 or more workers. There was, however, practically no differential between firms employing 4 to 7 workers and those employing 8 to 19. Twice as many firms in the 20 to 49 employee class discontinued as did those with more than 50. In each of the industrial groups, except contract construction and retail trade, the smallest concerns had the highest percentages of discontinuances. Because many building contractors organize for particular jobs and then disband or change to employee status and vice versa, or engage in subcontracting and the like, it is difficult to secure figures on business discontinuances in this field which are strictly comparable with those for other industries. In the field of retail trade the discontinuances among large automobile dealers to some extent account for the high percentages among firms employing 20 to 49 persons. With these two exceptions, the general opinion that large firms were more likely to continue in business than small ones appears to be well substantiated by the present data. The various industry groups vary widely in percentage of discontinuances, the differences tending to be consistent for all size classes within the industrial groups. The smallest percentage occurred in retail trade. The number of retail stores going out of business during the two-year period was about 10 firms for every 100 firms in existence in 1939. At the opposite extreme discontinuances among the service trades were at the rate of 41 firms for every 100 firms operating in 1939, with the rate among mining firms about as great. Between these extremes the remaining groups occur in ascending order as follows: finnncr-in^uranco-ieal estate, wholesale tiade. manufacturing, transportation and eonivat'f construction. In tables 5 and 6, the poicentase of Discontinuances is shown Joi each mdiwdual industrial group within retail n ado and rmnafaeturm^. The automop«Ie imd the food and Wiiior dealt i- oxperieruva 1ht h ^ h c bi p e i c c n t a ° o of dr-<~'<)nMmmi(e. I r i ihesc l i n ^ 1G GCIKIN y\'*ii+ on- ox busme s m (be 2-;s\ir p'M'iod iVi earli 1G*J firms rper I-UYJ J.I 1939 At the oppj>ue "xticmc v i e fiihnc tati'tris cinJ eauru, and d n n t i i i f places Avioni- ilie,c itViil oinl.H,^ t! * c W o n t n v ^ " - \\c"^ about 2 pa 1 100 «n existVIM, m lfi.n. Fn in am far- v m^, di^coiiimuanc ^ wr-t u l ' i + ivf'lv f,i^at.-t in K ,ic liiniLoi < pioducis dr.d iri.nspoitat'cii rquipm^nl ^hu-li a i n c u i t r d to obout 20 p*iccn{ ( i thf n :mhr:' of concerns m txiM<nc( i i I'J30 CV. the uth f v lie iv'. ihe r^iv'Ti'uw o' ansL^'iLiiR'niicro, for fiiT,; in the to- 18 SURVEY OF CURRENT BUSINESS Table 4.—Business Discontinuances, 1910—12, Corn pared with Businesses Operating in 1939, Concerns with One or More Employees, By Industrial and Size Groups Businesses liquidated or Number transferred, of busi- ' J u l y 1940i Jmii' 1942 2 Industrial group a n d si/o of business Number All groups, total _ . _ All groups excluding t i a n s portation a n d finance 1-3 employees 4-7 employees ... . 8-19 employees 20-49 e m p l o y e e s - . . . . 50 or more employees 820, '24.', 142, Mi. 3*Jti ls(t,'4(',i\ 1)2.") I 3 4 , 120 • 91S ! 2 0 . 2r>4 I 471 . 7, IV.)2 39, 140 20,331 7. 809 "5, 097 3,373 Contract construction, t of a 1-3 employees 4-7 employees ... . 8—19 employees . 20-49 employees 50 or more employees . . . 12 4.779 7 4.992 23, 829 ID 731 io, i.vr Manufacturing, tot.il. 1-3 employees 4-7 employees. _ 8-19 cm ploy eos. 20-49 employees . 50 or more employees 170.03 4 It), t i l ^ 32, 95:s 31. 170 23. 3 IS r> 920 ! ; 923 ; i 21.430 , ' 4,01)8 , I 2,303 : j (»o2 2, 870 I .. . . _. _. ... . . 22 0 H 9 14 2 11 h u0 3M» , 27. iV^ . 13, -17,") i 4. 71S j I 4.S3'l ! , 2.317 j • 2, 092 j Jo. 8 17.8 23.3 28. 0 15.7 21.4 8. 7 12.5 16.3 28. 9 14.3 15.5 10. 8 o i. 313 , 8, s44 Wholesale trade, total.. . 1-3 employees - -- i \ 1 r. w.) 73,08.") i 33.893 I 23,033 i 9. -,79 | 3, J37 I Ketaii ^r 1 ^ , r-..vi 12, \2b . 3,210 , I.-).".} ! 727 | 2is i 021,413 'W 3 2 i <>enei il m e n h a n d l e 1 K « a n d liquor >1 Auiomoi i\e \pi>aicl m 1 ai e e ^ o ]' u i n g ami d u n k n i 1 "lime s* ition^ 1 i Id!) Uh 9 ,1 3 1 , 412 • W 8'»2 * 127 -Oh 2 <>2 22 r> (). 2l> d 12' 3 . T)2 \ o t 'if, 72i ] ^ 12s . K , \\\\(T{ 12.6 10.9 9. 5 lor the number of new enterprises entering business during the same period. Third, data on discontinuances are quoted as measures of the number of functioning business units suspending operations. This also is an unwarranted use of the data since those discontinuances which are associated with transfers to successors do not result in the loss of functioning business units. In order that discontinuance figures might be somewhat more applicable to some of these problems, in this study these two classes—liquidations and transfers—were distinguished. Data on the number of firms which liquidated in the various industrial and size groups , 1>>~\ ii)s 17.748 I Hotels, amusements and i j other services, total 2V), S'O j i o J . LM 1-3 employees . ... l s x , .;.•>(> ! ;>J. 0 7 0 • 4-7 employees.. iJ.O32i 12. nl() 8-19 employees ... 20, SOD i 5. Old , 20-49 employees 3. 03."> | 1. 702 50 or more employees . . . 3, in s $71 40. 5 43.5 39. 5 27. 1 28.6 10. I Retail trade, total . . 1-3 emplo>e"s 4-7 employees . ft-19 emplojees ... 20-49 employees 50 or moie employees 9.7 10.0 7.3 8. 9 9. 6 4. 1 128, 7i)ii I IS, 07 4 5I.5.SU 11.'Ml 8, 0 7 s 00. .i2."> 15.370 ' 8, 00? 1, 5"7 1 428 32s PERCENT INDUSTRIAL GROUP n Hm<> in of Old A w 1 E s t i m a t e s b i w d upon data i f { {iie < Y I H U S a n d > a n d S u r v i v o r Insuianee, Bui Bureau of Intern d l{e\enue 2 N u m b i r - f biisme^-n-; lKjnid.it!e 1 ' r trui-lVrred to * successors i^e-tmi.'t' .1 fjom State I cinplo v ment Compensation reeoid t\<u\ peieenime u thf n u m b e r of businesses ujx-i M \J\<J m J93'( Relation of Liquidations to Total Discontinuances Frequently in discussions on business mortality, data on business discontinuances have been applied to questions beyond their scope. First, they are often used as measures of the number of business failures on the assumption that all discontinuances involve great loss to their owners or creditors. Such an interpretation is, of course, unwarranted. Discontinuance figures apply to all firms ceasing operations and include those retiring voluntarily,, selling out at a profit, opening at new locations, or entering new or more profitable businesses. Second, discontinuance figures are cited as indicators of the net decrease in the business population. This is justifiable only when an adjustment is made are presented in table 7. (The estimated number of businesses transferred to successors may be computed by subtracting the number of liquidations given in table 7 from the corresponding total number of discontinuances shown in table 1.) The total number of liquidations doubled during the two-year period under study. It is clear from a comparison of the trends shown in tables 1 and 7 that liquidations accounted for twothirds of the total increase from mid1940 to mid-1942. Thus, while the impact of war increased slightly the turnover in ownership of functioning business units, it greatly increased the number of complete liquidations. When table 7 is related to table 1 in a percentage-wise fashion, the relative importance of the two types of discontinuances may be easily grasped. For ail concerns included in the study 45 percent of the discontinuances were liquidations. Over the two years studied, there was an increasing trend in the proportion of liquidations. For example, at the beginning of the period 43 percent of these discontinuances were liquidations. By the second quarter of 1942 the proportion had risen to 53 percent. There were also marked differences among the various industrial and size groups. On one hand only 36 percent of the reported discontinuances in the service trades and 40 percent of those in retail trade were complete liquidations. On the other hand, 80 percent of the discontinuances in contract construction ("hart 3.—-Businesses Liquidated or Transferred to Successors, July 1940— June 1942, as Percentage of Number of Firms Operating in 1939 nnd 021. IH i\\^ll 15. 2 10. S 12.9 2. o 1. » 1 12. 3 "-ic n o t e 1, i >ble - p 18 4 - C?C« l l " t ( 2. t i b R 4, 1) 18 8.087 3, 071 197 Transportation, total Finance, insurance, real estate, t o t a l . . 3 300 Businesses lifjuidated or Xumber transferred. .luly of busi1940-June 1942 i nesses o per at in in 1939 > N u m ' ber Fercent 1.33'», 4D7 272, (UK) M i n i n g , total 1-3 employees - 4-7 employees 8-19 e m p l o y e e s . . . .. . 20-49 employees. f>0 or more employees _ 8-19 employees... 20-49 employees. . . . 50 or more employees . . Table 5.—Retail Trade: Business Discontinuances, 1940-42, Compared With Businesses Operating in 1939, Concerns With One or More Employees Nove nbcr 1943 ALL 10 20 30 40 INDUSTRIES!/ SERVICES MINING CONTRACT CONSTRUCTION TRANSPORTATION AND OTHER PUBLIC UTILITIES MANUFACTURING WHOLESALE TRADE FINANCE. INSURANCE AND REAL ESTATE RETAIL TRADE SIZE GROUP ALL FIRMSJ7 I TO 3 EMPLOYEES 4 TO 7 EMPLOYEES 8 TO 19 EMPLOYEES 2 0 TO 4 9 EMPLOYEES 5 0 OR MORE EMPLOYEES 1 D a t a i n c l u d e o n l y firms h a v i n g (>-i«> ->i m<uv e m p l o y e e s . Source: 1*. S. D e p a r t m e n t of <.<-.nnior<e l'a«ed u p o n State unemployment compensation records. Table 6.—Manufacturing: Business Discontinuances, 1940-42, Compared With Businesses Operating in 1939, Concerns With Four or More Employees Table 7.—Estimated Number of Businesses Liquidated, Concerns with One or More Employees, by Industrial and Size Groups, Quarterly, 1940-42 To>ta\, ! .!"'1\ ' l ' ( 10 .III Mumlaeturum.roup 19 SURVEY OF CURRENT BUSINESS November 1943 | . i, i n , ^ Ml uroups, toial Food and kindred product Tobacco ui'inulacjures Textile-mill products Apparel and other finished J textile products - Lumber and timber basic products i Funi'.tmeand finished luin- , her products Paper md allied produets Printing and publishing <iiid allied industries ! Chemicals and allied products _ ! Products> of petroleum md ' coal . Rubber products < Leither and leather prodUf'tb. ^tone, clay a n d jilass products _ Iron, steel a n d their prod- : nets ._ Fran ^portation e q u i p m e n t ' (except a u t o m o b i l e ^ ' \"onfeirous metalb and their products | Kli-ctrical maehiner> Maehinerv (except electrical) \ i i t o m o b i l e s a n d iMii'imobile e q u i p m e n t M iseellaneous manufacturing industries o i 50 11.12* 12,107 13.2s} 11,008 17, W > II.'103 ' 70 12s 310 009 17 32 503 021 ,117 12 2.H02 2,27^ 1.771 ' 2 , 0 1 ! " 2 2 0 , 139 152 5-. 71 7s 31 ' 19 15 2,315 Man'ifii'turimr. (oi il I 7 employees 8 19 employees 20 i9 I'lnjiinVTi 50 .tr mon employees 1.733 1.007 1,231 1 8,597 1 1.111 2 0 , ,19 i i s . 595 4 iti 215 T>s} (-17 ' pit 20 li •1\ 20.422; I s .5 ! i | \pr. June 1,731 1, 15) 29S 210 11.3 70 10S 1,914 271 1 N TO «i 3 1, 525 1. 131 2S9 1,059 1.37 1.0)0 1.2.M 2 '• 1I 1 1. I l l : \ 113 270 10!' 71 300 13? 101 701 .2M 7 3 r.27 ' JUO 7." I 11 t boo 192 30b .-519 71 il I .0.11 .0t>8 I!) ') 158 It S 1.) • > 1 <ee note 1. table 1, p. !s - ^e» note 2, table \, p. Is. involved the complete dissolution of the business as a p,oing concern. Discontinuances in wholesale trade, transportation and other public utilities, manufacturing, and finance were about equally divided between closures and successions. The proportion of liquidations varied inversely with the size of firm both for all industrial groups combined and for the various industrial groups. That is, as the size of firm increased the proportion of liquidations decreased. For every Ti ui^port.ition, communications, other public uii'Ui"S, etc., total 1 7 emplovees x 19 e m p l o y e s 20 19 employees 10 or more employees and 292 213 15 Wholesale trade, total ] 7 employes * M employ ees ) 20- 19 e m p l o y e s G or mure employees O ') s ) L K.Mdll ti.idp, total 1 7 employees _ s 19 e m p l o y e s 2o \\) t mpl,)\ec^ ."li or more employees 21.15) 21 si)O 1 70s 20 1 employes 9 50 of n m n e m p l o y t - s-10 1 . 0 2 2 721 1. M 73 lll'.i 15 H 1 8 . . . 7. 992 7 t.21 251 '4 il. 700 :/2. i.'n 1(7U (Continued from page 14) number of heavy shopping days, especially Saturdays. Adjustment for number and importance of business days was accomplished by assigning to each day of the week a weight expressed in equivalentdays. Holiday allowances are almost the same as in the former index. Separate numbers of equivalent days were used for chain and for independent stores in several kinds of business. Estimates of the number of equivalent days by kinds of business were secured from trade associations, trade journals, and firms reporting to the Bureau, In addition a method was devised to indicate the relative weights of Saturdays and Sundays whether or not direct information was available. Briefly this method involves the following procedure: (1) the sales estimates were adjusted, first, for trend and cycle by taking ratios to 12-month moving totals, and second, 17 13 4 , <915 s't.i 00 31 I ! ; , 379 33S 31 S 019 ,117 7'M 72 J 2M .0"l , l,2ls 874 > l.iiOi) 90 1 11 !. 517 2.»»s3 !, l'.Jl 2,354 271 > 270 2,902 2.97i 1 723 no 2,207 ]7s 2, ON) 159 2,7-4S 151 37 9 12 11 12 15 l.PM y. 4 S5S SI 5 1,051 9')7 1-S 1 10 7 2, ,"9s 2,3i7 2o2 3. 555 3.207 251 79 15 M 1 !• 1, 1.13 1,310) S.{ 1. IV» 1. 10 i 1. 1 17 1.5U 1.11)9 jt»2 l.-'il 3. 7^2 9'.7 21 1.051 33 ) J 1 03 0 72.1 ol>i) 19 7 HO 32 5 20 \ 1.277 1, i3o 117 21 2. U s il 10 t !,s70 5/2 h" J'itnuice, i n s i n a ' u e , a n d real est Ue, t o t a l . 1 7 employee^ 8 19 employee*. 20 19 employees _ . 10 1.1 moie eniplw\'\ s - e ^ i c e s , total 1 7 employe-. s 10 e m p l o y e s ()SS S>s 12 521 195 50 9 100 very small firms recorded as discontinuances, 45 were liquidations, while among firms with 50 or more employees liquidations claimed 38 out of every 100 discontinuances. In mining, the per- Revised Estimates for Sales of Retail Stores 12,107 10.975 <\>ntraci con^tiuv-flon, t'»t«>l I 7 employe- s S 19 employees 20 I'.) i'inpr»>(M^ 10 ot more vmplo ,< e-. 0. 130 ' 2A 308 < Oct. 309 1 1.1 7, 171 ; 2,1 09u 11,300 12.12.1 J•lh •ept. '.. 1 9 1 Mmitiu, total ] 7 emploxee-, s P.) employ ees 20 49 e m p i r e s ,"o ot mole emp!"\ees 1.041 *», 179 9, 7 J O \ '23 Juin 1. 17 ' Ml ^DlJib, t >t'll - . ) m. Mar. J.ITI.Mai. Ml I2M1-S i07.s!0 i 7'Miij)l'i\<»es M' employees >[> !9 employees . . ,")0 of inc-ie i>mpli>\ ee-, 1942 1941 12 transferred, July JOlo Jum 1 9 ^ """•i"i|>r- > ~ 1940 for seasonal variations; (2) the adjusted ratio for each month was classified into one of four groups according as the month has four Saturdays and four Sundays, five Saturdays and four Sundays, four Saturdays and five Sundays, or five Saturdays and five Sundays; (3) arithmetic means were computed for each group; (4) weights for Saturday and Sunday relative to the remaining days of the week were estimated from the four averages; (5) the number of business days was made to total either seven or six depending on whether any substantial proportion of sales are made on Sundays. The number of business clays in each month was calculated by simply adding the number of equivalent days for each day of the month. Adjustment for Seasonal Variation. Adjustment for seasonal variation was accomplished by the 12-month moving 3. 027 2,810 101 01 5 7M» 41!) 42 0 ' 1, IU 1, -5S0 H 11 0 0, 230 3,835 i 4,201 I 5,410 [ 5,828 3,528 j 3,930 j 5,018 j 5,540 5, 950 210 223 I 187 299 ; 208 ! 01 00 79 09 ! 00 ! 23 24 I 14 ! 10 centage of liquidations for firms with 1 to 3 employees was 64 and for firms with 50 or more employees it was 50. In retail trade the corresponding percentages were 41 and 20. average method applied to the unadjusted indexes. The period used was 1935 through 1941, and, in a number of cases, through 1942. Separate seasonal adjustments were made for chain and for independent stores in each kind of business where separate series were used to estimate sales. The seasonal relatives were adjusted to total 1,200 for each series in every year. In the current period, the seasonal movements of a number of series, especially the durable goods stores, clearly have much less amplitude than formerly. It was decided that this change was marked enough in 8 of the 25 kinds of business to require changes in the seasonal factors. In view of the short period during which the new factors have operated, only provisional figures could be obtained. For farm implements, household appliances, and chain automotive parts and accessories stores, factors for each month were moved one-half of the way toward 100 for January 1942 and subsequent 20 SURVEY OF CURRENT BUSINESS Char! 4.—Sales of Food and Beverage Stores, Adjusted for Seasonal Variation INDEX, 1935-39 = 100 350 300 250 EATING AND DRINKING PLACES 200 150 L 100 50 H 1935 1936 !937 1938 1939 1940 1941 1942 1943 D.D. 43-599 Source : V. S. Department of Commerce. months. For independent building materials dealers and hardware stores, factors were moved one-fourth of the way toward 100 in and after January 1941. The seasonal for motor vehicles has been distorted by the absence of new cars. In this case, the seasonal factors for 1942 and 1943 were obtained by moving those of earlier years halfway toward the 1942 factors for filling stations. The December factor for jewelry stores was lowered in favor of October and November. The only change among the nondurable goods stores was the movement halfway towards 100 for fuel and ice dealers effective in the middle of 1941. A further correction was made to adjust for the shifting date of Easter in those kinds of business 4 affected greatly by sales of apparel. The following procedure was used: (1) the ratio to the 12month moving total of the unadjusted sales indexes was computed for each March and April; (2) these ratios were averaged for March and for April: (3) the deviations from the March average November 1943 were subtracted from the corresponding deviations from the April average; (4) the differences were plotted for each year against the date of Easter; (5) a curve was drawn through the plotted points 5 ; (6) the differences, read from the curve for each year were multiplied by 6 because ratios are to 12-month moving totals, and the results were added to the April seasonal factor and subtracted from the March factor for each year. Combinations of Sales and Indexes. The dollar sales of all retail stores were obtained simply by adding the sales for each kind of business. Unadjusted and adjusted indexes were combined through the use of base year weights (1935-39 — 100) for durable and nondurable goods stores. The indexes of sales of all retail stores were obtained through the weighting of these two subgroups. In addition to the estimates shown in tables 5 and 6, dollar sales adjusted for seasonal variations have been computed. These estimates by kinds of business were computed by applying the seasonally adjusted indexes to the monthly average for the base period. Adjustments were made to bring the annual totals of the seasonally adjusted dollar sales to equality with totals for the unadjusted dollar sales. " 4A11 four kinds of business in the apparel groups and all kinds in the general merchandise group except general (including general merchandise) stores with food and mail order sales in department stores. Separate Easter adjustments were made for chain and for independent stores where separate monthly series were used, 5 This curve was not the straight line sometimes fitted which, in the opinion of the authors, has little theoretical justification. The curve used was a horizontal line for all days in March, has a cusp on April 1, and thereafter had a positive slope concave downward until it became practically horizontal after April 20. The Business Situation (Continued from page 5) in the entire record year of 1920. It may be seen from the constant dollar index in table 4 that the volume of goods exported in the first 9 months of 1943 is about 47 percent greater than the volume of exports in the corresponding period of 1942 and 75 percent greater than the amount exported during all of 1920. Analysis of the composition of the export trade in the first 6 months of 1942 and 1943 reveals no startling reversal of trends. Indeed the changes taking place may be considered a good index of the increased synchronization of the United States war program with the total war effort of the United Nations. Finished manufactures are to an increasing extent the largest single class of exports and reflect the increased share represented by munitions exports. As far as the method of financing our export trade is concerned, it- is evident that lend-lease not only supplies the chief means of financing the transactions but constitutes a position of growing importance in the export trade. During the first half of 1942, 52 percent of exports was financed in this way, while in the same period of 1943, lend-lease goods made up 77 percent of the value of exports. Meanwhile privatelyfinancedexports declined not only relatively but absolutely from 1,659 million dollars in the first half of 1942 to 1,244 millions in the first 6 months of 1943. Recent improvement in the United States import volume reflects in part the recapture of control of the sealanes resulting from the North African victory, the increasing trend of conquest of the submarine, and allied victories in the Pacific. Despite a September decline of slightly more than 30 million dollars from the August peak, third quarter import values totaling almost 900 million dollars are 6 percent above second quarter imports and approximately 25 percent above those of the first quarter. During the first 9 months of the year, imports totaled almost 2.5 billion dollars, representing an increase of 22 percent over the import level reached during the corresponding period of 1942. Changes in import values computed in constant 1941 dollars suggest that for the periods under consideration, 1943 imports are 14 percent higher than in 1942. This improvement in current import quantities to some extent offsets the 30 percent decline in the volume of imports from 1941 to 1942. One of the most significant developments in import trade during the war years has been the increasing flow of imports into this country from other American Republics. The excess, for that area, of imports over exports during the first half of 1943 is over 100 percent greater than the import surplus in the entire year of 1941. Thus it is evident that our American neighbors are supplying us with many of those strategic materials whose sources of supply were cut off as a result of the war. It appears from the current trends of foreign trade that, for the entire year of 1943, the value of exports will be about 13 billion dollars while imports will be approximately 3% billions. This would indicate an excess of merchandise exports in 1943 of between 9 and 10 billion dollars. This export margin, instead of being a balance in the normal sense of privately financed foreign trade is primarily the United States' contribution through lend-lease to the war effort of. the United Nations, SURVEY OF CURRENT BUSINESS November 1943 S-l Monthly Business Statistics The data here are a continuation of the statistics published in the 1942 Supplement to the SURVEY OF CURRENT BUSINESS. That volume contains monthly data for the years 1938 to 1941, 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 1938. Series added or revised since publication of the 1942 Supplement are indicated by an asterisk (*) and a dagger (t), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index numbers refer to adjustment of monthly figures for seasonal variation. Data subsequent to September for selected series will be found in the Weekly Supplement to the Survey. Monthly statistics through December 1941, together with explanatory notes and references to the sources of the data, may he found in the 1942 Supp l e m e n t to the Survey 1943 bepteraber 1942 August September 1943 Novem* December ber October January February March I April May June July August BUSINESS INDEXES INCOME PAYMENTS f Indexes, adjusted: Total income payments _. 1935-39 = 100.- v 215. 7 Salaries and wages do P241.7 Total nonagricultural income. . . . do p 210.8 Total _ mil. of doL. p\2, 545 Salaries and wages: Total § do p 8, 680 Commodity-producing industries, do P 4, 051 Work-relief wages do - . . | 0 Direct and other relief .do [ Social-security benefits and other labor in- j come mil. of doL _ j Dividends and interest do j p 980 Entrepreneurial income and net rents and | royalties ..mil. of dol j v 2,555 Total nonagricultural income do p 10,901 178.4 195.8 174.5 10,450 183.0 201. 7 178.9 10,836 I 10,680 I 7, 396 3, 528 26 85 7,568 3, 598 24 84 164 437 7,083 3,414 | 30 I 85 ! | 176 894 1,997 8,412 2,212 I 9,092 I 2, 428 9, 266 176.2 i 193.2 j 172.6 I 9,547 6,863 3.334 35 175 189.2 208.8 i 184.2 ! 174 522 2, 332 9, 243 193.4 213.9 i 187.9 I 11,608 i 7,748 ' 3,627 23 84 204. 4 225. 0 197. 0 11,261 207. 3 228.6 200.1 11,240 208. 7 230.7 201.9 11,138 7,845 3,665 15 81 8,001 3, 743 11 78 8,127 3,803 8,245 3,875 4 76 224 486 196.5 I 200.6 218.6 j 222.4 191.9 | 194.8 10,819 10,499 7, 725 3,598 19 | 83 I 180 1,419 195 781 199 442 210 907 215 753 2, 177 10,354 2.035 9, 733 1,932 9, 514 2, 065 10,143 2,068 10,120 2,107 9, 964 211.3 234.6 204, 9 12,161 8, 405 3,938 213. 1 ' 215. 5 237. 3 239. 2 207.0 ' 208.6 11,748 "11,677 8, 367 3,974 0 231 1,354 234 855 2, 094 10, 984 2,215 10, 440 r 8,466 4,018 0 r r 240 466 * 2, 428 • 10,159 FARM MARKETINGS AND INCOME Farm marketings, volume:* Indexes, unadjusted: Total farm marketings -1935 39 = 100, Crops . _do Livestock and products do Indexes, adjusted: Total farm marketings do Crops... . _ do Livestock and products do Cash farm income, total, including Government payments*. mil. of doL. Income from marketings* do Indexes of cash income from marketings: | Crops and livestock, combined index: U nad j listed 1935-39 -100 . Adjusted do . . Crops do _ Livestock and products... do .... Dairy products do _ Meat animals . do Poultry and eggs do 178 I 1,41 I p 158 p 181 p 140 138 i 154 ! 126 | 165 211 130 178 221 145 p 131 v 115 v 144 127 i 117 134 132 I 130 134 ! 128 I 132 I 138 I 117 ! 112 ! 121 i 102 84 116 115 85 137 114 71 147 121 75 156 116 66 154 , 1 3 2 '• 114 i 145 i 149 161 140 141 ! 152 ! 133 ; 141 ! 144 | 139 127 I 129 121 ! 134 I 140 137 141 136 127 128 I 141 139 130 147 135 117 149 136 118 150 11 4 16 2 152 1 579 544 T 1 , 850 r 1, 772 157 | 130 144 153 127 ° 2,000 » 1,943 1,435 1,412 1.753! 1,726 2,015 I 1,825 1,962 I L764 1,571 1,499 1,361 1,261 1.205 1,126 ! 1.402 1,310 1,387 1, 322 1 440 . 1 400 , 1 408 1 384 1 292. 5 ° 243. 0 0 252. 0 212.5 204. 5 209. 5 201.5 164.0 234. 0 187. 0 260. 0 207. 5 222.5 197.5 166.0 227. 0 181.0 295.5 211.0 225.0 201.5 167.5 230.0 194.0 225. 5 I 190.0 224. 0 237. 0 215.0 170. 0 222.5 286. 0 169.5 I 239. 5 \ 245.5 i 235.5 I 183.0 I 260.0 | 271.5 ! 197.0 260. 5 273. 0 252.5 189. 0 274. 0 319. 5 199.0 261.0 272.0 254. 0 202. 0 284. 0 276. 5 210.5 ; 258.0 | 264.5 I 253.5 I 204.5 i 282.0 275.5 I 208. 5 256.0 I 248.0 261.5 202.5 I 299.5 \ 275.5 I 232.5 ! 255. 5 263. 0 251.0 202. 0 280. 0 271. 0 P D B 237. 0 189. 259.5 f 271.5 a ! I ! I ! i ! 265. 5 224. 0 248. 5 208. 0 168.0 239. 0 204.0 226.5 j 237.5 I 219.0; 177.0 I 249.5 i 233.5 ! r 266. 5 265, 5 281.5 255.0 197.0 290. 0 277. 5 INDUSTRIAL PRODUCTION (Federal Reserve) 235 238 218 220 221 223 229 232 211 207 Unadjusted, combined index! - 1935-39-100 255 263 259 233 23*', 212 217 251 259 i 260 219 23 9 Manufactures!. . . __ . . d> 356 312 319 331 312 350 359 361 366 360 300 p 36s 291 Durable manufacturesf - - '!' 207 201 201 2l )8 210 209 203 20S 201 109 2«'9 200 213 197 Iron and si eeli . . . . . . . d 140 130 112 119 123 136 130 135 139 120 P 136 Lumber and products]- _ . _ d < H5 l\2 142 , 1 17 119 1 IS 119 1 is 13H 146 i 1 is 117 Furniture! d < 137 123 'Hi 101 110 12S' 120 12S 139 1 H) 10'i 130 v 130 Lumbert . . . . . d < •isO 3<)2 117 120 43t 138 111 HI 141 35b 365 107 ! 113 ' 140 Machinery f d < 230 239 250 205 266 261 216 223 2U ' Nonferrous metals and products! d < 231 2!0 251 2hl 261 260 219 227 213 Fabricating* . . . . d < 23S 211 262 271 276 275 210 2U 212 Smelthm and refining* _ d < 175 170 176 172 1M) 173 177 : 79 171 171 169 Stone, clay, and ulass products! do ISO 139 202 12s 137 136 \\\ 195 200 150 121 r.»9 Cement !50 13S 136 151 137 132 151 US 119 /• 132 131 1.57 2 35 Clay products* 171 191 21 1 197 195 16b 107 lt.S 200 160 is. 1M 210 (ilass containers 600 71s 72S 713 50b 539 6)30 t>92 7">4 765 Transportation equipment! . . 206 211 215 lt)5 191 20 < 201 220 19s 232 Automobilesf _ . 173 175 177 H.l I MS 171 171 177 !6s 179 Nondurable manufactuu'st . ! 07 106 127 i 10 91 HO 105 110 126 103 122 Alcoholic beverages . 3s<) 396 292 310 372 331 299 351 3(>2 317 ' 391 3'»7 .i<»9 Chemicalsf . 350 292 319 310 311 301 332 P 3S5 292 332 372 3S2 Industiial chemicals*. . . . Revisions in the 1911 fmurcs lor iron and steel will be published in a subsequent issue. • Revised. ' Prehmmarv The total includes daf a for d i s t r i b u t e e and ser\ ice industrii s and go\einmeni w hieh h<i\e been discontinued as separate series to avoid disclosure of military \ >ay rolls. v New series. For a dcsciiption of the index< s of the volume ol far in market hies and figines beginning 1929. see pp. 23 32 of ihe April 1913 Survev . 1 >ata begini ing 1913 for t h e dollar figures on cash faun income are shown on p . 28 if the May 1913 Survey. Data for 1911 and all months oi 1912 for the new series under industrial produetioi i , w i t h t h e e x ception of t h e clay products scries, aie shown in table 11 •m p. 8 of the October 1913 Survey. tiost i t e m s vvero t Revised ^eties. Data on income payments revised 1 •m'nuing January 1939; for fiuuies'for 1939 41. see p 27, table 1. of the March 1913 Survey; the 191 mires for n p. g y ; y rev ised in the August 1913 Survey; see note marked "f" S f h f i i fi f th f i t h f 19 Th i d f h i ketinirs p. S-l of that 1 sue for revisions in figures f r tho first 5 months of 1912. The indexes of cash ii < have been coniplet* lv re\ ised: data bi ginnnm 1913 are ^h n o n p. 28 of the May 19!''. S u r v y . The industiial p f o u n t of c h a n g y product on indexes h been re\ ised to take p y about b> the expansion of the military pro.iiam; new serie weie introduced into the index, and a ntimbei of series re\ ;sed; in a<l lit ion. seasonal factors revised where •essary. R e v i s e d u n a d j u s t e d i n d e x e s for I h e i n d i c a t e d series, a n d also ad.itisted i n d e x e s for t o t a l i n d u s t r i a l p r o d u c t i o n , t o t a l m a n u f a c t u r e s , a n d d u t a b l e a n d IK lurabl* 1 m a n res, aro s h o w n lor 1911 a n d 1942 i n t a b l e 11 o n p . 8 of t h e O c t o b e r 1913 Surve.v; t h e t e w s i o n s a>e e x p l a i n e d in t h e a c c o r n p a n v my t e x t . R e v i s i o n s , m u e u e r a l , h e a a u w i t h l'»39 b u t , «»v •ept for t h e (hemicals u i o u p , d i d not alTeet t h - a n n u a l i n d e x e s lor t h a t v . ' a i . all lev isjons w ill be p u b l i s h e d in a s u b s e q u e n t issu.-. '•\~)8 1 S-2 SURVEY OF CURRENT BUSINESS Mont lily statistics through- December 1943 1941, together with explanatory notes a n d references t o t h e sources of t h e d a t a , m a y he found in t h e 1942 S u p - Sepp l e m e n t t o t h e Survey tember November 1943 1942 Octo- I N o v e m - ,! D e e m b<r ber ! bor September August 1943 Jana- j | March j April j May June j July j August BUSINESS INDEXES-Continued INDUSTRIAL PRODUCTION-Con. Unadjusted—Continued. Manufactures—Continued. Nondurable manufactures—Continued. Leather a n d productst 1935-39 = 100__: v 109 Leather tanning* do '„ Shoes. do....: p 113 Manufactured food productsf do ; P i(>7 Dairy products % do ' Meat packing do p 164 Processed fruits and vegetables*, do : p 259 Paper and p r o d u c t s ! do ' Paper and pulpt - - - -do •.. Petroleum and coal productsf do j v 200 Coke d o . _._ I 171 Petroleum refmingf ....do. ! p 205 Printing and publishing,. _...do,... j p 112 R u b b e r products ..._._.do 1 p 226 Textiles and p r o d u c t s ! do j p 150 Cotton consumption .-do | p 150 Rayon deliveries do I 181 Wool textile p r o d u c t i o n . . . . do ]____ Tobacco products do } 141 Minerals! ... ....do... I P 144 Fuelst ... do... | v 141 Anthracite!..... --do I v 129 Bituminous coalf . . do j P 155 Crude petroleum do.... \ v 137 Metals . . . do j v 163 Adjusted, combined indexf do i Manufactures ..do j Durable manufactures ._..-..-do... L u m b e r and products . do... Lumber . . -do... Nonferrous metals ....do Stone, clay, and glass p r o d u c t s . . _ d o . . . . Cemen t _. . _ _ . . . - . do 1 Clay products* . do ! Glass containers ..do | Nondurable manufactures ....do A lcoh olic beverages d o... L. Chemicals '. . do j Leather and products . do.,, j Leather tanning* .. do.... . • Manufactured food products do j Dairy products do Meatpacking do i Processed fruits and vegetables*- do j Paper and products do.... Paper and pulp do Petroleum and coal p r o d u c t s - . . . . do j Petroleum refining . do J Printing and publishing do I Textiles and products do Tobacco products . do Minerals _._ . . _.do Metals _....._ --do v v p v v p 243 202 307 ]28 118 ?67 v 128 196 ? 177 p 394 3=110 . v 144 p 183 v 120 P 200 P 205 P 111 p 150 134 P 139 p 120 115 120 112 163 156 147 285 132 133 153 166 149 109 180 157 171 170 155 144 137 129 129 150 120 184 118 120 117 150 184 132 205 129 131 148 165 145 102 177 155 169 169 154 135 136 126 118 140 121 194 120 , 115 ' 147 • 126 157 138 139 15 1 166 153 101 159 172 174 160 149 134 127 117 145 121 176 204 217 152 29, 094 17,392 7, 357 4,345 29,034 17,439 7, 350 4,245 233 334 •222 491 421 377 167 212 270 184 215 212 208 312 264 390 250 411 358 636 183 224 283 194 216 228 286 322 134 132 216 163 172 147 161 158 129 295 119 122 135 144 151 125 129 131 148 145 108 155 131 j I I ' 130 S i I I i | 215 ! 230 I 311 133 127 230 167 174 143 163 165 123 314 119 126 137 152 145 123 138 139 154 153 117 159 140 129 140 299 130 126 223 163 173 143 164 161 138 298 116 122 137 148 162 123 132 133 151 149 108 157 135 131 145 290 , ' ! • i 119 130 111 141 107 166 112 137 137 157 166 155 121 200 159 171 177 161 141 132 130 124 154 121 143 116 ! 125 110 I 139 220 236 319 132 126 230 170 172 144 186 95 132 132 156 166 155 114 212 157 163 178 163 137 119 126 105 143 121 79 ! \ ! ! ! ! 170 I \?A 330 | 117 125 140 Ki 149 122 137 137 157 155 116 lV .' 138 123 130 118 131 J»S7 171 79 135 135 158 166 157 111 215 158 171 ISO 154 132 119 121 102 145 118 88 126 137 119 127 f 99 147 76 140 140 165 169 164 115 218 162 171 181 166 122 125 131 129 157 121 90 223 240 328 130 122 242 173 171 144 172 169 111 344 117 126 143 145 156 122 133 132 156 155 111 157 146 127 133 227 245 336 123 113 250 180 171 148 191 171 105 355 123 130 141 P 131 143 121 135 135 158 157 115 158 132 125 130 232 250 344 127 117 25? 178 | 166 ! 144 i 189 174 121 361 123 127 141 P 134 154 121 140 139 165 164 116 162 128 131 131 117 119 115 128 p 115 140 ! | ! i i 67 i 141 I ! i | i I ! 139 166 169 166 114 222 158 166 181 163 123 us i US 122 115 135 121 j 117 128 : P143 P171 136 75 141 139 171 169 171 116 133 128 161 122 90 235 253 351 129 119 256 175 154 142 185 174 112 370 117 120 142 P137 151 122 141 139 166 166 112 158 129 133 131 237 256 356 130 121 257 175 135 142 194 175 104 382 119 122 141 * 137 • 147 124 141 138 171 171 113 157 132 131 130 27, 543 17,386 6,106 4,051 27 362 17, 433 5,935 3, 994 112 152 r 206 170 P203 162 79 142 140 173 166 174 114 224 159 169 185 158 123 132 129 124 143 157 166 181 157 125 127 131 129 151 124 105 lie 113 112 114 141 158 91 140 137 177 157 180 111 230 155 160 183 160 128 121 I 115 131 162 185 101 22') 145 147 177 150 140 141 137 128 140 13 1 12'' 103 I 124 159 389 118 122 141 129 162 121 142 140 173 174 112 159 123 129 129 236 258 358 128 118 264 175 127 139 199 177 106 399 114 114 141 v 139 159 119 140 136 177 180 112 155 124 117 128 27, 409 17.460 5,947 4,002 i 27,029 ' 17,318 j 5,829 | 3,882 238 258 359 133 i 126 130 136 | 200 i 176 ! 96 I P 110 105 113 15S v 179 154 213 141 139 192 169 195 109 P ! ! i j ! 239 25S ! ! | i ! i 206 173 11W 132 20", 17i. ]•)••» 401 112 111 14.-i P U3 \\2 13" 133 111 14* 131 134 12s 131 164 242 261 365 130 119 267 173 114 132 202 177 111 403 110 106 144 p 140 p 182 126 142 139 192 195 114 145 136 135 BUSINESS INVENTORIES. ORDERS, AND S H I P M E N T S I Estimated value of business inventories:* j Total , -_. mil, of dol. _ Manufacturers do Retailers_ do 6, 248 Wholesalers do 3, 893 Indexes of manufacturers' orders, shipments, and inventories: New orders, total J a n . 1939 = 100..) .. Durable goods . do j Iron and steel and their prod do | Electrical machinery do \ Other machinery do j Other durable goods.__. do j Nondurable goods do j Shipments, total avg. month 1939 = 100.-1 Durable goods . do j Automobiles and equipment do ! Iron and steel and their p r o d . . . . . do '' Nonferrous metals and prod.* do j _ _ _. Electrical machinery. . do j___ Other machinery do I Transportation equipment (except j automobiles) do ! Other durable goodsf.._ - . . . . do ! Nondurable goods do | Chemicals and allied products do j Food and kindred products do I Paper and allied products do.-.J Petroleum refining ..do j Rubber products do j Textile-mill products do i Other nondurable goods. - . do ! I \ i I ; j ! j I ] 1,466 ! 187 i 167 I 171 ! 178 i 131 j 135 i 179 ! 191 i 154 ! .,579 200 177 187 187 136 140 205 197 165 28, 851 17,547 7,275 : 4,029 266 j 387 | I ! j j | | i ! j | | | ! ! I ! ! ! | I ! ! 28. 728 17,682 7,090 3,956 279 415 264 586 381 619 192 232 300 223 214 246 351 337 413 j 387 | 643 I 188 ; 228 : 289 ' 207 i 212 I 236 ! 317 ! 333 | 1,578 197 181 182 190 146 138 207 203 173 \ 1,692 191 | 179 ! 183 : 185 | 143 i 154 214 202 171 27,411 28, 028 27,783 17, 440 17,652 17,676 5, 945 6,384 6,116 3,992 S 3,991 i 4,026 361 233 353 361 574 187 240 320 240 239 262 408 351 247 364 258 346 315 587 172 226 298 231 205 230 369 322 275 405 315 437 315 617 191 255 337 250 225 262 446 364 1, 775 181 178 185 184 144 139 i 222 : 204 166 1,797 179 169 193 178 138 135 | 241 I 191 l 140 2,100 197 192 210 200 152 139 280 ! 216 170 ! 284 433 319 363 622 188 249 330 238 227 255 415 354 280 409 301 406 362 629 197 253 338 262 224 269 450 354 2,042 201 185 210 185 155 148 271 213 165 2,063 204 186 211 179 159 161 277 202 177 i ' I | ! ! ' ; : ; : i i I 267 389 312 ! 341 294 619 189 247 338 279 ! 224 259 426 353 : 2,057 201 177 199 173 160 162 292 195 149 ! ; : i ; 306 484 341 943 370 026 192 254 343 295 224 248 436 363 ' 27. 123 ' 17,391 T 5, 904 r 3, 828 r 272 420 i '306 r 496 r 408 : r 599 : r 176 i r 249 ; r 340 318 r 222 f 247 '449 r 353 ! r ' 2, 107 2,068 r 200 205 185 '173 r 208 200 185 ; '172 r 163 155 167 : r 171 292 2S5 • r 205 ; 176 154 '146 6, 125 3,877 406 311 4S6 333 591 191 258 354 329 229 249 453 361 ! 160 , 201 183 214 182 160 174 270 190 15(5 r Revised. p Preliminary. J D a t a r e v i s e d a s follows: M i n e r a l s a n d fuels, 1940-41; b i t u m i n o u s coal, 1939-41; a n t h r a c i t e , 1941; d a i r y p r o d u c t s , b e g i n n i n g 1940. * N e w series. A n n u a l indexes for 1941 a n d 1942 a n d u n a d j u s t e d indexes for all m o n t h s of 1942 for t h e n e w series u n d e r i n d u s t r i a l p r o d u c t i o n are s h o w n in table 11 on p . 8 of t h e October 1943 S u r v e y . D a t a for s h i p m e n t s of nonferrous m e t a l s a n d their p r o d u c t s were included in " o t h e r d u r a b l e g o o d s , " as s h o w n in t h e S u r v e y prior t o t h e M a y 1943 issue; revised d a t a for t h e l a t t e r series a n d indexes for nonferrous m e t a l s , b e g i n n i n g J a n u a r y 1939, are available o n request; for business i n v e n t o r i e s b e g i n n i n g 1938, see p . 7 of J u n e 1942 S u r v e y . f Revised series. T h e indicated u n a d j u s t e d indexes a n d all seasonally adjusted indexes s h o w n a b o v e for t h e i n d u s t r i a l p r o d u c t i o n series h a v e been revised for a recent period. (See n o t e m a r k e d "f" on page S - l . ) Seasonal a d j u s t m e n t factors for a n u m b e r of i n d u s t r i e s included in t h e i n d u s t r i a l p r o d u c t i o n series s h o w n in t h e S u r v e y h a v e been fixed a t 100 b e g i n n i n g v a r i o u s m o n t h s from J a n u a r y 1939 to J u l y 1942; d a t a for these i n d u s t r i e s are s h o w n o n l y in t h e u n a d j u s t e d series as t h e " a d j u s t e d " indexes are t h e s a m e as t h e u n a d j u s t e d . I n d e x e s for " o t h e r d u r a b l e g o o d s " u n d e r m a n u f a c t u r e r s ' s h i p m e n t s are s h o w n o n a revised basis b e g i n n i n g in t h e M a y 1943 S u r v e y ; see n o t e m a r k e d " * " . S-3 SURVEY OF CURRENT BUSINESS November 1943 M o n t h l y s t a t i s t i c s tlirougli December 1943 1941, t o g e t h e r w i t h explanatory n o t e s £in<i references t o t h e sources of t h e i d a t a , m a y be found in t h e 1942 S u p - I Sepp l e m e n t to t h e Survey | tcniber 1912 1943 August BUSINESS INDEXFS- Cominucd BUSINESS INVENTORIES, ORDERS, ! A.ND SHIPMEINTh-Continued Indovf of inanuf'H tutcis' oideib, shipments, «ifnl lmontoius— Continued. I i m nloiies, tor \l . d\u. month 19.39 MO i ! Dinabh 2O( ds ._ . d> < Automobiles and equipment _ . do lion and Med and their piod do \onfc nous imt'ih* and piou.* _ do Kkctiual machinery. . . do Othei mac hmei \ do Tton-poi tat'on equipnu nt "\<ept aui«>- , mobiles) _ . a\y. month 1939 - iOO Other dutablt iroodai _ . . do }s (endurable ST^od-. . do Chemicals and allied piodiu ts do Food and kindicd prodin ii>_ do . Piper and allud piodiu ts . d> > < Petroleum lefunng . do. . . ' Rubber pioduits .. ._ . ,do . _'. Fextik-mill pioduits do J Oihei riondirdbU'u<M»ds - a" «> 175 4 2..'9 9 \U 3 f m. :, 299 0 201 6 | 8:2 8 121- 5 15 L 8 , K<4. 4 j j Vi 2 lUti 111 2 171 v ' 159 5 . 101 3 Io4 1 ! 156 ,j ' 307.1 i 207 2 177 210 1 . 7 '• 20 r 7 2H I 137 4 152 3 32 > i 21 < U L'li, 1 y J i. 2 121 u ' 153 i : lhl.O | 1> 0 154 0 109 f) 12* 152 IV) l-.l 'J i 5 ! 2 , 172 7 i;r> i •)7- "i 12. 151 1". l!»> L77 8 211.3 2.^ S 1 13 2 1. 3 < "7 127 0 1'.'• 15! 17." 2o<) 174. 9 210. 7 247. 3 129.0 140. 6 341.9 225.5 j l.M) 1 3 5: (i 22, ' 1,02" 8 , 1.0 } 7 122 2 j lr» 7 1 IS. 6 ] 19 2 l" 4 ' "i 0 »» s 1 1 loV 2 ii*. r, 107 2 171 1 144 1.'.) 171 147 l r >7 1'lil 1 0 ?* 6 2 4 172 \\7 ,0.^1 117 14") lot 117 140 1(«» 17" 142 175.4 213.5 251.2 130.3 149. 2 350.4 227.4 ! i | | | i 175.7 213. 5 245. 7 132. 1 148. 2 354. 3 226. 8 0 1,053. 1 1,087.9 1.088.9 116.6 115. 1 ! 113.4 0 143. 6 142.1 ! 142. 6 () 152. 4 149.0 7 149.1 | 145. 2 3 | 146.0 | 149. 5 139.3 7 138.6 ! 136.9 106.0 7 104.3 ! 103. 8 181.0 | 9 185.2 ] 188. 0 140.0 2 140.2 i 141. 8 154.8 149.6 i 147.2 174.2 : 212.5 i 238. 1 I 132.5 I 150.9 358.5 ] 222.7 | r 175.0 211.4 < 235. 5 • ' 134. 8 ' 153. 8 j r 362. 8 ! r 218.9 | r 176,. 8 213.4 230, 7 137.2 154. 2 366. 8 219. 8 ,085.7 : •1,052.0 ! 1,079.4 r 112.4 110. 8 ! 111.2 r 144.8 140.8 143.1 | 149.0 •• 151.5 ! 153. 9 r 168. 9 149. 8 100. 8 j 135. 3 135.4 ] '" 134.9 102. 5 102.6 I r 102,4 172.8 180.1 I 175. 8 133. 6 139.4 ! ' 136.5 142. 2 143.0 ' 142.6 COMMODITY PRICES COST O F LIVING National Industrial Conference Board: Combined index 1923 = 100. Clothing .do Food do Fuel and light.. do Housing do Sundries .. . do U. S. Department of Labor: % Combined hide x 1935-39 = 100... Clothing _ . . ..do Food . . _do... Fuel, electricity, and ice . do Ilousefurnishings do Kent . do.... Miscellaneous do 103.1 89.8 112.0 92. 6 90. 8 107. 4 98.1 88,2 101.1 89.5 90. 8 104.8 98.8 I 88.4 I 102.8 | 90.5 ! 90.8 ! 104,6 | 99 S bs 5 •05 5 90 b •JO ^ 10") 3 123 9 117 125 126 106 123 108 117.8 i 125.8 I 126.6 j 106. 2 | 123.6 ! 108.0 ! 111.4 I 119 0 12" 9 132. 5 137 107 126 108 117 4 7 3 0 0 5 2 1 2 0 0 111.1 10M 2 10s 0 111 S 90. 6 90. s 106.2 101.5 88. 6 108. 8 92.1 I 90.8 ! 106.4 ! 101.9 88.6 110.0 92.3 90. 8 106.5 I 103. 0 88.6 112,8 92.4 90.8 106. 5 104. 0 88.6 115.4 92. 5 90. 8 106, 5 104.2 88. 5 115.8 92.6 90.8 106. 7 104. 3 88.6 115.8 92. 5 90.8 107.1 119 s 12" 9 HI 1 10*. 2 125 7 ION 0 ni ~ 120.4 i2.".'J 132. 7 10'). 3 123.7 ' L(K 0 112. > 120.7 126.0 133.0 107.3 123.8 108.0 113. 2 121.0 126.2 133.6 107.2 124.1 108.0 113.6 122.8 127,6 137.4 107. 4 124. 5 108. 0 114. 5 124.1 127.9 140. 6 107.5 124.8 105. 0 114.9 125.1 127.9 143. 0 107.6 125.1 108.0 115.3 124.8 127.9 141.9 107.7 125.4 108.0 115.7 161* !7^ 160 171 127 117 107 2> 1M 17s 183 162 175 151 121 19f, 2<*3 211 182 185 164 177 139 134 205 277 217 178 170 163 179 150 138 214 31 0 158 182 171 166 180 172 143 218 302 163 185 173 167 180 189 146 218 291 176 187 175 167 179 212 148 214 253 129.6 : 130.0 130. 4 132. 4 93. 5 98.4 133. 6 106. 5 135.9 148. 9 136. 1 93.4 99. 8 137.4 107. 0 137. 0 164. 9 137.3 lOf 90 W 106 101.1 ss 6 4 6 8 2 ! | I ! : ! ; ! : ! ! I 103.1 88.9 112.4 92.5 90. 8 107. 2 | ! ! | ! i j 102. 8 89. 3 111.4 92. 6 90. 8 107.3 r 123.9 M29. I 139. 0 r 107.6 r 125.6 0 Mil) 1 ' 123.4 r 129 6 137. 2 ' 107.7 r 125. 9 108. 0 r 116.5 P R I C E S R E C E I V E D BY F A R M E R S § U . 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... M iscellaneous do... 193 201 171 163 156 151 151 126 115 200 256 173 163 166 156 156 129 119 195 191 172 169 173 158 165 134 117 200 226 185 126.0 126. 4 127. 7 128. b ; 137. 4 108. 2 133. 6 167.0 129. 9 88.8 96. 9 126.1 105.3 125.8 133.1 129.5 88.8 97.0 126. 6 105. 4 127,7 129. 7 130.6 88.9 97.0 129.6 105. 7 131.2 137. 1 131.2 88.9 1 97. 1 ! 131.1 ! 105.7 ! 131.8 ; 141.5 ; 131.9 I 113.1 113.1 113.1 113.1 113. 1 | 113. 1 113.1 113.1 108. 1 105. 3 113.1 115.5 112.2 108.0 105. 2 112. 7 115.5 112.3 108. 0 105. 2 112.7 115.5 112.2 108. 0 105. 3 112.6 115.5 112.2 108.0 105.3 112,5 115.5 1.12.2 108. 1 • 105.3 | 112.6 ! 115.5 ! 112.2 i 108. 1 105.3 112.6 115.5 112.2 108. 1 105.3 112.6 115.5 112.2 99. 2 99. 6 100. 0 100.3 101.0 101.9 98.9 101.2 92.7 106.1 89.8 122, 6 99.2 102. 2 92. 9 107. 8 93. 6 122. 1 99,4 103.0 92.7 109.0 91.5 123. I 99. 4 ! 103. 9 i 92.6 ' 110.5 92. S 121.3 99, 6 i 100. 1 106. 1 1 108 2 92.5 i 92.8 113.8 ! 117.0 100.7 ! 107.3 123.9 . 129.2 204 158 207 311 205 196 190 179 166 178 234 151 211 308 194 230 154 206 315 190 193 193 167 11 8 204 155 206 308 220 133. 9 135, 0 134. 7 133.9 133.4 93. 5 100.1 140. 6 107. 5 137.1 179.5 138.0 93.6 101.4 143. 0 107. 6 136.9 190.8 138. 3 93. 5 101.4 141.9 107.5 133. 7 187.8 138.3 93. 3 101. 5 139. 0 107.8 133.4 180.5 130. 9 93. 3 101.7 137. 2 108. 1 133.4 169. 8 129, 7 113. 2 113.2 113.0 113.0 113.0 113. 1 108.1 105. 3 112.7 115.5 112.2 108.1 105. 3 112.7 115.5 112.2 108. 1 105. 3 112.6 115.5 112.2 108. 1 105. 3 112. 7 115.5 112.2 108. 1 105. 3 112.7 115.5 112.2 108. 1 105. 3 113.0 115.5 112.2 102.5 103.4 103. 7 104.1 103. 8 103. 2 100. 3 109. 6 92. 9 119.0 108.6 132.8 100. 5 112.0 93. 0 122.8 112. 2 135 7 100. 6 112.8 93. 1 123.9 112.5 134.0 100. 7 114.0 93.0 125. 7 113. 1 130. 5 100. 1 114. 3 92. S 126.2 113.8 128.6 !S3 ' K-3 17>S RETAIL PRICES U. S. Department of Commerce: All commodities, index* . 1935-39 = 100 U. S. Department of Labor Indexes: Anthracite 1923-25 = 100 Bituminous coal do Food, combined index 1935-39 = 100 Cereals and bakery products* _do._... Dairy products* do _ Fruits and vegetables* do..... Meats* . . ... _.. do Fairchild's index: Combined index .Dec. 31, 1930 = 100 Apparel: Infants' _do Men's do Women's do Home furnishings . . . do Piece goods do | ! 1 ! | 88.9 1 93.4 97. 2 ! 97. 9 132.7 1 133.0 105.8 i 105.9 132.3 ! 134.2 14(16 1 144.1 133.2 : 134,7 WHOLESALE PRICES V. S. Department of Labor indexes: Combined index (889 series) 1926-= 100 Economic classes: Manufactured products _ _ _do Kaw materials do Semimanufactured articles ... d o . _ . Farm products do...Grains do Livestock and poultry ..do r P103.1 *99.9 112.4 92.9 123. 1 119. 7 130.2 ; P 103. I 99.6 v 99. 7 113.6 ' 112.7 92. 8 92 9 125.0 i 123. 5 116.8 116.0 127.6 : 129.: r> Preliminary Revised. § Data for Oct. 15. 1943: Total, 192: chickens and egiTs, 212: cotton and cottonseed. 171; dairy products. 187; fruits. 197; t r a i n s 162; meat animals. 203: truck crops, 264; miscellaneous, • t See note marked " $ " on p. S-3 of the July 1943 Survey in regard to revisions incorporated in the indexes beginning March 1943. Rents, which are subject to control in all cities covered by monthly reports, vary little in most areas and data are now collected only at quarterly pricing periods * New series. Data for inventories of nonferrous metals and their products were included in "other durable goods" as shown in the Survey prior to the May 1913 issue; revised figures for the latter scries and data for nonferrous metals, beginning December 1938, are available on request. For data rvginning January 1939 for the department of Commerce index of retail prices of all commodities and a description of the series, see p. 28 of the Augi^r, 1913 S u n ey. Earlier data for the indexes of retail prices for the food subgroups will be shown in a subsequent issue; the combined index for foods, which is the same as the food index under cost of living above, includes other food groups not shown separately. t Revised series. Data shown on a revised basis beginning with the May 1943 Survey, See note marked " * . " 208. SURVEY OF CURRENT BUSINESS S-4 Monthly statistics through December 1941, together with explanatory notes and references to the sources of the data, may he found in the 1942 Supplement to the Survey November 1943 1943 1942 September Octo- Novera- December ! ber ber March April j May i June | July | August COMMODITY PRICES—Continued WHOLESALE PRICES—Continued j IT. S. Department of Labor indexes—Con. j Commodities other than farm products 1926 = 100. _' Foods do.... Cereal products.. .._..._ do Dairy products - do Fruits and vegetables.--. do Meats.- _ do Commodities other than farm products and foods 1926=100.. Building materials do Brick and t i l e . . . . . do.... Cement _. _. . do Lura ber do Paint and paint materials do Chemicals and allied products....do Chemicals.._....... . do. ... Drugs and Pharmaceuticals do Fertilizer materials do Oils and fats do Fuel and lighting materials do Electricity........ do Gas.... - do Petroleum products do Hides and leather products . . . . . d o . . . . Hides and skins. do Leather _. _ do Shoes do Housefurnishing goods do Furnishings.. „ do Furniture.. do Metals and metal products do Iron and steel.... . . do Metals, nonferrous do Plumbing and heating equipment . . _.. 1926= 100.. Textile products........ do Clothing do Cotton goods do Hosiery and underwear.-, ...do Rayon. _. . do Woolen and worsted goods. - do M iscellaneous . do Automobile tires and tubes do.. -. Paper and pulp... do Wholesale prices, actual. (See under respective commodities.) 97.7 i 102.4 ! 89.1 ! 105.5 ; 97.5 j 116.0 | 97.9 103. 4 89.3 109.2 98.2 115.5 97.9 i 103.5 i 89.5 | 111.2 I 102.0 ! 98. 1 ! 104.3 j 89.3 | in.8 i 104.3 98. 5 105.2 90.6 113. 4 102. 6 115. 5 98.7 105. 8 92.2 113.3 108. 5 115.5 99.0 107.4 93.5 113.2 115.6 115, 5 99.1 108.4 93.7 113.2 123.2 115.8 j | | [ j j 99.2 110.5 93.6 113.1 137. 7 115.9 98.7 i 109.6 ! 93.6 | 109,5 i 143.6 111.6 98. 3 107.2 93.8 108.9 138. 0 105.9 95.5 ; 110.4 ! 98.7 | 94.2 I 133.2 j 100.4 j 96.2 96. 3 128.9 78 2 101.5 79.0 62.6 81.1 | 60.6 118.1 ! 118.0 I 101.3 126.4 ! 102 5 1 107.4 | 97.4 ! 103.8 ; 97. 2 i 86,0 ; 95.5 110.4 98.7 94.2 133. 3 101.0 96. 2 96. 2 128. 8 I 78.3 | 101.5 i 79.0 | 61.9 | 79.2 ! 60.6 | 117.8 I 116.0 ! 101.3 126. 4 102.5 107.3 97. 4 103. 8 97. 2 86.0 95.8 110 1 98 6 94.2 133 1 100. 7 99 5 96.2 165.4 j 78.6 101. 5 79.1 ! 62. 3 78.4 60. 7 117.8 116.0 101.3 126 4 | 102.5 I 107.3 i 97.4 i 103.8 j 97.2 ! 95.9 110.0 98.7 94.2 133. 3 100. 3 99.5 96.1 97.1 86.0 95.6 110.3 98.7 94.2 133.0 100.1 96.2 96. 3 129 0 73.3 101.6 79.0 62. 2 80.4 60. 7 118.2 118.8 101.3 126. 4 102. 7 107.9 97.4 103.8 97.2 85.6 79.2 I 62.0 ! 76.1 | 60. 7 I 117. 116.0 | 101.3 | 126.4 ! 102.5 j 107.3 | 97.4 ! 103.8 ! 97. 2 ! 86.0 | 96.0 109. 8 98.7 94.2 133.3 100. 6 100. 2 96.9 165.4 79.0 101. 5 79.3 62.6 73.2 60. 8 117.8 116.0 101.3 126.4 102.5 107.3 97,4 103. 8 97.2 86.0 96.2 110.2 98.6 94.2 134. 6 101. 2 100. 3 96.9 165. 5 79,0 101. 5 79.8 63.0 75.8 61.2 117.8 116.0 101.3 126,4 102.6 107. 3 97.7 103. 8 97.2 86.0 96.5 110.4 98.7 94.2 | 134.6 ! 102,2 i 100.0 96. 4 165.0 79.0 101.5 80. 3 60.2 75.6 61. 5 117.8 116.0 101.3 126.4 102. 6 107. 3 97.7 103.8 97.2 86.0 96.6 ! 110.3 98.7 94.2 134. 7 102.5 100.1 96.4 165.1 80.0 101. 5 80.6 60.6 76.4 62.0 117.8 116.0 101.3 126. 4 102. 6 107. 3 97.7 103. 8 97.2 86.0 96.7 110.5 98.9 93.9 135. 6 102.2 100.2 96.4 165.1 80.0 102. 0 80.8 59.5 77. 5 62.5 117.8 116.0 101.3 126.4 102.7 107.3 98.0 103. 8 97.2 86.0 96.8 110.6 99.0 93.6 136. 3 102.0 100.0 96.4 165. 2 78.6 102. 0 81.0 58.8 79.1 62. 6 117.8 116.0 101.3 I 126.4 j 102.8 I 107.3 j 98. 1 i 103.8 j 97.3 86.0 j 96.9 110.7 112.2 99.0 99.0 93.6 93.6 137.1 142,0 102.0 102.8 100.1 100.2 96.4 96.5 165. 2 165. 2 79.3 80. 1 102. 0 102. 0 81.0 80, 9 59.0 77.6 ! 62.8 ; 63.0 117,8 i 117.8 116.0 116.0 101.3 101. 3 126. 4 126, 4 102. 6 102. 6 107.1 107.1 98. 1 98.1 *103. 7 103.7 97. 1 97.1 80. 0 86.0 90.2 97.5 107.0 112.9 70. 5 30. 3 112.5 93.0 73. 0 .105. 6 94.1 97.3 107.2 112.9 69,7 30. 3 111.7 88.9 73. 0 98.9 94. 1 i 94. 1 97. 1 j 97.1 107.0 ! 107. 0 112.7 ) 112.4 69.7 S 70.5 30. 3 30.3 j 111.7 i 111.7 88.6 88.8 | 73. 0 73.0 ! 98.8 98.8 ! 90.4 ] 97.2 I 90.4 97. 3 90.4 97.3 112.4 i 70.5 ! 30.3 i 112.1 | 90.5 j 73.0 I 99.0 ; 107,0 ! 112.5 ! 70.5 j 30.3 | 112.4 | 90.7 73.0 i ioo. i ! 107. 0 112.6 70.5 30.3 112.4 90.9 73. 0 101.1 90.4 97.3 107.0 112.6 70.5 30. 3. 112.4 91.4 73.0 102. 7 90.4 97.4 107.0 112.6 70.5 30 3 112. 5 91 6 73 0 102. 9 90.4 97.4 107.0 112. 6 70.5 30.3 112. 5 91.9 73.0 104, 3 90.4 97.4 107.0 | 112.6 ! 70.5 | 30.3 ! 112.5 I 91.8 73.0 104. 3 90.4 ! 97.4 107. 0 112.6 70. 5 30.3 112.5 92.3 73.0 104.3 112.7 70.5 30.3 112.5 92.6 73. 0 104.3 79. 6 83.1 75.3 59.1 78.9 82.9 75.1 57. 7 80. 1 70.4 55.3 77.9 '80.7 ; 71.8 . 55.9 78.1 81.2 72.8 54.4 105.0 94.4 108. 9 110.7 106.0 2 112.5 99.0 93.6 142 102. 6 100. 3 96 5 165. 2 80. 6 102. 0 81. 0 P97. 117.8 116.0 101.3 126, 4 102, 6 107.1 98. 1 P103.7 97.5 100.8 87.8 100.2 98.0 115.2 | | | j | 86.0 • 93.2 | 97.1 j 107.0 ! 112.4 I 70. 5 j 30.3 111.7 90. 1 | 73.0 | 98.8 ! 165.4 | 79.0 i 101.5 I 107.0 j I * 98. 5 105.8 93,8 108. 9 125. 6 lOo. 0 90. 4 97.4 107. 0 PURCHASING POWER OF THE DOLLAR As measured by— Wholesale prices 1935-39= 100.. Cost of living .......do.._ Retail food prices , ..do Prices received by farmers . _do 78.1 80.7 72.7 54.4 81.1 i 85.1 l 79.2 64.4 : 80.8 : 84.8 78.9 64.4 80.4 I 84.0 ! 77. 1 62.2 80.2 83.5 i 76.2 i 62.2 81.4 i 72.7 j 57.7 ' 77.5 I 80.6 71.0 56. 9 77.3 79.9 69.8 | 50.2 -•758 111 44 78.5 i 82.6 ![ 74.8 59. 1 ' 735 ! 121 52 - 728 136 ! 64 i 13 8 10 ; CONSTRUCTION AND REAL ESTATE CONSTRUCTION ACTIVITY* j I New construct ion, total . . . . . . .mil. of dol..' Private, total do....I Residential (nonfarm) do Nonresidential building, except farm and \ public utility, total rail, of dol. Industrial... .do ; All other ..do . ..| Farm construction, total _do I Residential... . . . do | Nonresideutial do '• Public utility _. . do j Public construction, total _do ; Residential ...do ' Military and naval. .... . . . . .do \ ] Nonresidential building, total... .do Iudustrial- .do ; All other .do Highway do ; Sewage disposal and water supply -. do_ _ _ _; All other Federal do j Miscellaneous public-service enterprises j mil. of doL.i CONTRACT AWARDS, P E R M I T S , AND DWELLING UNITS PROVIDED P 564 p 149 P 83 P 17 P9 ?8 p 11 p5 ?6 v 38 P 415 p 54 ? 196 p 113 p 108 p5 P 40 P5 "5 1. 486 221 98 41 • 30 : 11 I 22 ' 13 I 9 '10 1, 265 56 liM 417 108 \) 10 25 1.415 215 95 41 31 10 ' 19 ! 12; 00 1. 200 71 b20 -103 395 1.274 200 92 1.123 80 37 i "8 ! 15 | ! 6 56 1,074 66 523 389 382 62 l 168 j i i i ! ! j | ! 31 23 8 10 6 4 47 955 i til 497 330 324 6 47 i 889 128 65 22 16 6 3 36 761 63 3o8 286 282 4 30 • 832 116 54 IS 12 764 106 45 10 i §1 40 ' 716 59 333 • 285 -•282 3 24 3 40 658 59 302 257 255 2 23 i 11 | ! ! ! ; ! i | ; 4 5 45 '647 284 ' 246 '244 24 4 12 V 14 j 6 8 45 '614 74 276 ' 220 r 217 r r 679 150 '025 '153 r 82 i 1 j 0 1 5 i 18 ! 7 \ 42 : '592 ! 79 ; 264 ; '201 I ' 198; 3 i 35 I 703 I 148 I 73 | 19 I 43 i 555 i 76 i 254 ' 170 r 166 I 4i 40 6 : r 10 40 ! ! 39 T 4 44 60 '218 ' 135 •- 131 ' 4 *2 Value of contracts awarded (F, R. indexes): : 194 1S1 Total, unadjusted. ... .. 1923-25 = KM) ; P 60 71 53 : 07 ; '63 174 l.ii 88 84 64 70 Residential, unadjusted do v 33 39 80 36 i 36 i 54 44 '35 1 179 182 17. Total, adjusted ..do..... P 60 198 63 60 102 So 45 '59 70 42; Residential, adjusted _. do ; P 33 90 33 36 91 56 32 ' 35 r v Preliminary. Revised. * New series. The series on new construction are estimates by the U. S. Department of Commerce, Bureau of Foreign and Domestic Commerce, with the exception of the series on residential (nonfarm) construction, which is from the U. S. Department of Labor, and the data for military and naval and public industrial construction since January 1941, which are from the War Production Board. For annual data beginning 1929, see p. 32, table 11, of the June 1943 Survey, and for quarterly estimates for 1939 to 1942, see p. 10, table 7, of the May 1943 issue. Additional data relating to the derivation of the estimates are shown on pp. 24-26 of the May 1942 issue. Monthly statistics t h r o u g h December 1941, together with explanatory notes and references to t h e sources of t h e d a t a , m a y be found in t h e 1942 S u p p l e m e n t to t h e Survey S-5 SURVEY OF CURRENT BUSINESS November 1943 1942 1943 September August September October 1943 Novem- December ber January February March April May June July August CONSTRUCTION AND REAL ESTATE—Continued CONTRACT AWARDS, PERMITS, AND DWELLING UNITS PROVIDED-Con. Contract awards, 37 States (F. W. Dodge Corporation): Total projects number.. Total 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: Projects number.. Floor area thous. of sq. ft.. Valuation thous. of dol._ Public works: Projects number.. Valuation thous. of dol.. Utilities: Projects number.. Valuaton Valuation thous. of doL Indexes of building construction (based on i ( b d bldg. permits, U. S. Dept. of Labor):f Number of new dwelling units provided 1935-39 = 100.. Permit valuation: Total building construction do New residential buildings do New nonresidential buildings do Additions, alterations, and repairs do Estimated number of new dwelling units in nonfarm areas (U. S. Dept. of Labor): Total nonfarm (quarterly)* number.. Urban, total do 1-family dwellings do 2-family dwellings do Multifamily dwellings do Engineering construction: Contract awards (E. N . R.)§-thous. of dol.. 12, 588 30,055 175,115 721,028 119,555 633,183 55,560 87,845 30, 558 35, 934 35,872 38, 797 25,338 18, 503 16,117 15, 435 14,024 723,216 780. 396 654,184 708, 716 350,661 393, 517 339,698 303,371 234,426 660,953 709,879 591,940 663,817 315, 575 363,852 304,032 253,334 192,000 62, 263 70, 517 62, 244 44,899 35,086 29, 665 35, 666 50,037 42, 426 2.877 11,437 70,889 10,952 10,405 90,774 97,962 407, 324 466,860 8,189 11,409 54,080 17,110 26,177 100,551 1,384 1,214 28, 485 111, 960 308 21, 651 101,193 9,945 12, 281 15,093 6,842 5,090 3.635 52, 615 67, 327 27, 913 37,810 28, 310 77,245 372, 991 256, 513 278,091 154,064 187, 242 144,935 22, 218 21,826 21, 302 17,428 18,556 29, 759 37, 444 37, 707 38,112 24,920 126,708 161,206 156, 654 159,652 110,813 97.9 83.6 72.5 95.0 79.2 99.2 108.4 102.6 70.0 75,200 13,836 9,615 1,535 2,686 14, 522 10, 671 926 2,925 89, 200 13,157 9,761 1,058 2,338 691,979 607,622 373,622 12,453 7,600 2,806 2,047 7,077 4,802 927 1,348 9,328 6,093 1,968 1,267 ' 94,600 16, 976 ' 22. 479 21, 772 12,162 <• 11,838 16, 448 793 ' 1,139 1,133 4,021 ' 9, 502 4,191 264,285 813,077 6,850 4,2Q6 1,385 1,169 13.947 10.091 2,653 1,202 712,709 3,455 15,126 75,301 3,056 17, 283 94,834 2,109 10,788 61,840 3,203 26, 321 272,888 12,155 22,188 93, 294 10, 295 16,990 71,786 10, 440 18,767 79,434 9,197 15, 207 63, 291 10, 424 14,060 61, 508 10, 506 16,651 71,836 10,988 16,794 67,493 761 . 682 38, 254 52,856 1,635 62,037 787 41,882 978 35,720 920 28,400 1,185 32,755 47, 530 497 60,125 552 60,940 85,841 1,010 47, 704 362 48,130 37, 537 244 21, 585 382 40,655 130.3 102.0 88.7 119.3 82.1 85.3 101.9 76.4 76.0 129.6 51.9 61.0 31.1 85.3 18,835 96,214 126.2 1,111 1,080 1.386 3,035 65, 811 154, 795 94,157 142,157 736 1,016 63,837 91,404 146, 860 128,816 79.8 13,779 15,758 183,661 413, 791 122, 250 r 351, 361 61,411 62,430 66.3 79.4 63.3 44.7 60.1 73.3 52.4 50.2 54.4 62.4 46.1 57.9 56.0 78.8 35.3 58.4 61.9 62.7 56.8 71.2 57.9 67.0 43.4 74.7 59.5 78.1 36.2 78.2 21,877 13, 894 898 7,085 22,603 19,844 588 2,171 118,400 17,684 14,175 1,066 2,443 15,374 11,924 1,369 2,081 20,684 16,664 1,646 2,374 ' 82,100 14, 230 10, 248 1,686 2,296 226, 826 306, 242 305,973 379,068 273, 650 274,493 HIGHWAY CONSTRUCTION Concrete pavement contract awards:J Total thous. of sq. y d . . Airports do Boads do Streets and alleys do 20,090 16,935 1, 518 1,637 6,237 5,065 541 631 6,872 5,644 649 579 7,324 5,548 927 850 3,848 2,240 768 840 7,842 5,711 1,346 785 9,010 7,242 1,104 . 665 CONSTRUCTION COST INDEXES 227 Aberthaw (industrial building) 1914=100 227 225 225 227 American Appraisal Co.: 250 250 250 254 247 249 245 248 Average, 30 cities 1913 = 100 246 246 249 249 254 254 256 250 253 261 248 250 Atlanta do 249 249 253 254 252 251 252 251 251 250 251 257 New York do 251 251 251 251 232 232 233 229 230 229 230 233 229 230 San Francisco do 232 229 243 242 243 242 241 242 242 242 242 St. Louis do 248 242 242 Associated General Contractors (all types) 217.2 217.0 216.0 216.0 214.1 215.0 213.5 1913 = 100.. 217.0 213.5 213.3 213.5 213.7 213.3 214.1 E. H. Boeckh and Associates, Inc.: Apartments, hotels, and office buildings: Brick and concrete: 10S.5 107.3 108.2 107.3 107.3 107.2 107.3 Atlanta.. U. S. av., 1926-29=100.. 108.5 106.1 106.1 107.3 107.0 106.1 107.3 138.6 138. 3 138.6 138.1 140.0 140.0 139. 9 139.8 New York ... do 138.2 138.5 139.8 140.0 138.2 140.0 133.2 132.5 132.5 132. 3 132.3 135.3 132.3 132.0 132.0 130.0 131.3 132.3 San Francisco do 130.0 132.3 131.7 131.2 131.4 131.2 130.7 131.7 130.6 130.7 130.6 St. Louis do 129.6 129.6 130.7 129.6 130.7 Commercial and factory buildings: Brick and concrete: 107.9 107.0 107.7 107.0 107.9 107.0 106. 9 107.0 106.7 106. 0 106.0 107.0 106.0 107.0 Atlanta do. 139.8 139.8 139.5 139.7 141.2 141.9 141.0 141.0 141.2 139.6 140.0 141.2 139.6 141.2 New York do. 136.1 135.8 135.6 135. 6 135.8 139.4 134.4 134.4 135.6 132.3 134. 6 135.6 132.3 135.6 San Francisco do. 133.4 133.1 133.0 133.5 133.0 133.4 133. 4 133.4 133.5 132.6 132.6 133.5 132.6 133.5 St. Louis do. Brick and steel: 108.3 107.9 107.9 107.8 107.9 106. 5 108.3 107.2 107.8 107.6 106.5 107.8 100.5 107.8 Atlanta do. 137.6 137.3 133. 9 136.9 137.6 137.5 138.9 138. 2 138. 5 138.5 137.4 138.9 137.4 138. 9 New York do. 136.7 136.1 135.7 135. 7 136.1 135.7 134.5 135. 3 137.6 133.1 135. 3 135.7 133. 1 135.7 San Francisco do130.4 129. 7 130.4 130.4 129.7 130.0 130.2 129.4 129.4 130.4 130.4 129.4 130.2 130.4 St. Louis do. Residences: Brick: 109.5 107.7 107.7 107.7 107.4 111.3 104.1 104.1 105.3 107.4 107.4 104.1 106.7 Atlanta do. 142.2 139.4 140.8 142.3 142.3 142.3 142.8 139.7 139.9 140. 9 140.9 142.3 139.7 New York do. 131.0 129.6 131.0 129.6 129.6 127.6 129.6 134.2 125. 8 126.8 127.6 129.6 125.8 San Francisco do. 128.3 127.2 127.2 127.4 127.4 126.7 127.4 129.7 126.9 126.9 126.7 127.4 126.9 St. Louis do. Frame: 112.6 110.3 108.0 108.0 108.0 107.7 112.6 103.6 105.0 106.8 107.7 107.7 103.6 Atlanta do. 103.6 144.7 144.7 141.1 142.9 144.3 144.3 145.3 141.4 142.5 142. 5 144.3 144.3 New York do. 141.5 141.4 130.4 127.4 125.6 127.4 125.6 125.6 131.3 122.0 123.3 123.3 125.6 125.6 122.5 San Francisco do. 122.0 126.4 128.2 124.9 124.9 126.5 128.2 126.5 124.8 125. 6 125.6 126.5 126. 5 St. Louis do 124.8 124.8 Engineering News Record (all typos) 294.1 291.4 289.9 289.9 289.9 285.2 288.8 294.3 283.7 283.5 283.5 281.6 282.4 283.6 1913=100.. r Revised. § Datn for October and December 1942 and for April, July, and September 1943 are for 5 weeks; other months, 4 weeks. t Data published currently and in, earlier issues of the Survey cover 4- and 5-week periods, except for January and December; beginning 1939 weekly data are combined on the basis of weeks ended on Saturday within the months unless a week ends on the 1st and 2d of the month when it is included in figures for the preceding month (March and April 1943 are exceptions, as the week ended Apr. 3 is included in figures for March); December figures include awards through Dec. 31 and January figures begin Jan. 1. * New series. The quarterly estimates of total nonfarm dwelling units include data for urban dwelling units shown above by months and data for rural nonfarm dwelling units which are compiled only quarterly; for 1940 and 1941 data, see p. S-4 of the November 1942 Survey (revised figures for first half of 1942—1st quarter, 137,300; 2d quarter, 166,600); annual estimates for 1920-39 are available on request. f Revised series. Data have been revised beginning January 1940 and further revisions of the indexes for 1942 are in progress. Revisions for the latter year are at present available only for January-September; January to July 1942 data are available on p. S-5 of the May-September 1943 Surveys. 554753—43 4 S-6 SURVEY OF CURRENT BUSINESS Monthly statistics through December 1941, together with explanatory notes and references to the cources of the data, may be found in t h e 1942 Supplement to the Survey 1942 1943 September November 1943 August September October 1943 Novem- December ber January February March April May June July August CONSTRUCTION AND REAL ESTATE—Continued CONSTRUCTION C O S T INDEXES—Con. Federal Home Loan Bank Administration: Standard 6-room frame house: Combined index 1935-39=100.. Materials do Labor _ • do 127.6 " 124.4 133.8 124.0 121.2 129.4 124.4 121. 5 130. 2 124. 5 121.6 130.2 124.4 121. 5 130.2 124. 5 121. 4 130.7 124.7 121.5 130. 9 125. 5 121.9 132.5 125. 7 122.0 133. 0 125.7 121.8 133.4 126.2 122.2 134.3 126.8 123.0 134.3 127.3 123.7 134.3 127.1 123. 4 134.2 109, 660 100,456 99, 833 73, 768 54,086 45, 562 53, 725 70,941 74, 226 60,702 67,820 73, 563 68, 029 4,232 4,311 4,394 4,473 4,555 4,627 4,684 4,747 4,799 4,856 4,917 4,982 5,051 336,850 345,961 357,083 278, 321 265,406 228, 283 219,882 269,419 308, 957 327,092 349,046 351,516 355,432 92, 563 94,055 91,672 73,979 70, 628 57,856 63, 324 87,185 98,735 100,490 108.. 876 111,355 117, 389 12, 568 55, 301 14,019 4,126 6,549 12,449 58, 060 14,063 3,804 5,679 10, 572 56, 528 14,694 3,498 6,380 9,275 43, 984 12,472 3,007 5,241 8,472 41,440 12, 7682.199 5,749 7,173 32,820 11,408 1,667 4,788 4,594 39,084 12, 510 1,953 5,183 8,572 55, 235 14,874 2,377 6,127 9, 853 65,088 15,040 2,484 6,270 9,039 67,826 14,843 2,606 6,176 1,856 1,861 1,863 1, 863 1,854 1,844 1,839 1,839 1,847 1,850 160 145 131 122 129 113 98 79 87 79 1,640 1', 622 1,603 1,587 1,567 1,548 1,529 1, 504 1,482 24.3 19, 680 25.2 20,443 24.4 22, 621 23.4 24,144 21.9 36; 469 21.0 27, 733 18.8 33,175 17.6 39, 214 REAL ESTATE Fed. Hous. A d m n . home mortgage insurance: Gross mortgages accepted for insurance thous. of dol._ 70, 282 Premium-paying mortgages (cumulative) mil. of dol__ 5,118 Estimated total nonfarm mortgages recorded ($20,000 and under)* thous. of dol._ 380,809 Estimated new mortgage loans b y all savings and loan associations, total--thous. of dol... 122, 973 Classified according to purpose: Mortgage loans on homes: Construction do 13,211 86,016 Home purchase.. _. _.-do Refinancing do 13, 799 Repairs and reconditioning do 3,229 Loans for all other purposes do 6,718 Loans outstanding of agencies under the Federal Home Loan Bank Administration: Federal Savings and Loan Assns., estimated mortgages outstandingJ_._mil. of d o l . . 1,896 Fed. Home Loan Bks., outstanding advances to member institutions, .mil. of d o L . 130 Home Owners' Loan Corporation, balance of loans outstanding mil of d o l . . 1,383 Foreclosures, nonfarm:t Index, adjusted 1935-39=100 15.6 Fire losses thous. of d o L . 26,488 9,209 77, 555 14,925 2,807 6,859 10,616 82,894 14,600 2,809 6,470 1,866 1,871 1,881 90 92 81 1,460 1,441 1,419 1,400 18.3 34,241 16.9 29, 297 16.1 26,854 15.9 25,016 14.9 29,193 77.4 88.9 82.3 69.2 123.2 131.1 99.7 96.4 88.1 107. 7 86.6 58.7 135.6 145.8 106. 4 104.7 95.0 129.4 91.1 65.0 152.2 184.8 116.0 109.2 110.7 125. 2 96.9 64.5 162.0 212.2 120.6 12, 550 682 99 79 64 3,360 512 50 1,028 1,638 3,623 1,416 • 12, 333 692 70 85 60 ' 3,409 514 67 941 1,509 3, 552 1,433 93 84 ' 3,582 549 66 959 1,454 3,678 1,579 8,946 74,885 15,913 2,707 6,425 > DOMESTIC TRADE ADVERTISING • Advertisinsr indexes, adjusted: Printers' Ink, combined index. 1928-32=100.. 108.7 Farm papers do 102.0 Magazines do 110.7 Newspapers do 96.3 Outdoor do 93.9 Tide, combined index* 1935-39=100.. 154.9 Magazines* do.... 190.0 Newspapers* do 117.0 Radio advertising: Cost of facilities, total thous. of doL 13,127 Automobiles and accessories do 695 Clothing do.._ 135 Electrical household equipment do 79 80 Financial do Foods, food beverages, confections.. do. __ 3,710 Gasoline and oil do... 537 House furnishings, etc do... 63 Soap, cleansers, etc do 1,012 Smoking materials do... 1,454 Toilet goods, medical supplies__..__do.__ 3,762 All other do.__ 1,599 Magazine advertising: 20,991 Cost, total do... 1,588 Automobiles and .accessories do... 1,923 Clothing do... 496 Electric household equipment do. _ _ 401 Financial do... 2,749 Foods, food beverages, confections,.do._. 425 Gasoline and oil do... 838 House furnishings, etc do._. 338 Soap, cleansers, etc do... 363 Office furnishings and supplies do.__ 922 Smoking materials do.__ 3,412 Toilet goods, medical supplies do... All other do... 7, 535 Linage, total thous. of lines. 3,185 Newspaper advertising: Linage, total (52 cities) d o . . . 126, 785 Classified do__. 30,923 Display, total do... 95,862 Automotive do.__ 2,620 Financial do_._ 1,583 General. do... 23,800 Retail do... 67,858 88.2 63.2 84.2 81.3 72.5 122.6 134.9 101.2 87.6 69.4 81.5 79.4 86.9 122.5 140.0 96.5 84.2 69.8 82.0 79.9 65.6 113. 3 127.9 95.8 88.4 73.9 91.7 82,1 55. 6 117.1 134.4 100.1 96.8 82.7 101.3 87.6 77.5 118.6 146.1 07.1 84.7 64.8 79.8 77.3 77.1 123.1 159.6 1C3.0 64.9 83.1 81.9 77.0 120.0 144.9 103.4 87.0 60.5 78.7 80.8 85.0 112.4 125.1 97.3 92.1 75.5 82.9 87.4 69.9 123.1 126.6 108.5 8,186 448 45 57 53 2,051 342 51 928 1,252 2,337 623 8,878 429 70 47 49 2, 336 346 43 929 1,347 2,659 622 10, 332 339 94 53 49 3,027 480 56 853 1, 485 3,081 815 10, 716 362 115 67 57 3,027 532 54 799 1,497 3,136 1,069 11.284 361 125 54 60 3,180 r>09 49 904 1,606 3,275 1,061 11,169 347 61 67 76 2,919 646 60 810 1,604 3,410 1,169 10, 345 348 60 57 62 2,785 572 48 836 1,475 3,078 1,024 11, 949 479 97 55 72 3,128 638 48 1,040 1, 655 3,491 1,246 11,971 513 92 77 82 3,288 639 50 1,022 1,607 3,319 1,284 12, 346 596 101 96 96 3,277 504 62 977 1,603 3,502 1,531 12,415 765 724 126 280 1,785 405 266 378 193 671 2,268 4,554 2,072 15,394 754 1,208 232 425 2,307 422 624 350 275 741 2,463 5,593 2,344 18,189 1,143 1,381 443 441 2,947 415 882 445 298 831 2.865 6,099 2,528 19,450 979 1,144 522 466 3,377 367 757 479 322 983 3,075 6,979 2,650 16, 940 607 870 401 336 2,608 187 735 270 328 781 2,682 7,134 2,033 12, 631 651 381 199 340 2,083 146 312 319 166 743 2,166 ' 5,126 2,179 15, 800 17, 459 ' 18,673 721 1,033 956 725 1,258 1,186 382 '450 351 350 337 392 2,772 2,906 2,722 273 437 336 -•341 '804 '594 569 592 661 207 293 238 796 733 866 3,122 3,242 2,940 ' 5, 786 ' 6,034 ' 6, 524 2,432 2, 608 2,671 21,351 1,452 1,142 '567 457 3,140 492 '930 666 353 918 3,650 ' 7, 585 2,788 18,459 1,282 934 '514 407 2,772 412 '745 476 267 804 3,290 6, 557 2,360 17, 223 1,565 429 '414 371 2,692 407 '348 241 139 794 3,034 6,789 2,553 ' 18, 530 ' 1,653 1,037 '437 314 2,620 443 '451 271 279 '914 3,069 ' 7,043 2,965 120,985 31, 220 89,765 3,220 1,247 21,179 64,120 114,016 29,308 84, 709 3,079 1,323 21,099 59,208 103,109 28,641 74,468 2,658 1,665 17, 224 52,921 113, 215 31, 388 81,827 2,664 1,252 17, 733 60,178 94, 963 104, 506 117, 442 119,063 120, 332 21,931 22,658 24, 071 22,996 21, 756 73,032 81,847 93,371 96,067 98,575 2,146 2,481 2,404 2,787 2, 581 1,022 1,099 1,233 1,470 1,467 13,195 15, 572 19,781 21, 775 19.147 56, 669 62,695 69,953 70,035 75,381 94, 488 95, 607 22, 285 22, 235 72,204 ' 73, 372 1,423 1,513 1,232 1,887 14, 674 17,836 54,130 52,881 113,190 125, 282 26, 925 29,183 86, 265 96,099 2,864 2,500 1,817 1,595 20, 262 20,801 70,617 61,908 12,929 GOODS IN WAREHOUSES Space occupied in public-merchandise warehouses§ percent of total.. 83.2 83.5 86.1 85.0 85.6 83.7 81.0 82.1 82.5 83.6 83.4 I 83. 3 I 83. 7 ''Revised. $Minor revisions in the data beginning January 1939; revisions not shown in the August 1942 Survey are available on request. § See note marked " § " on p . S-6 of the April 1943 Survey with regard to enlargement of the reporting sample in August 1942. *New series. The series on nonfarm mortgages recorded is compiled by the Federal Home Loan Bank Administration; for information regarding the basis of the estimates and data for January 1939 to September 1942 see note marked "*" on p. S-5 of the November 1942 Survey. The new indexes of advertising are compiled by J. K. Lasser & Co. for "Tide" magazine; the combined index includes radio (network only prior to July 1941 and network and national spot advertising beginning with that month), farm papers, and outdoor advertising, for which separate indexes are computed by the compiling agency, in addition to magazine and newspaper advertising shown above; the component series, with the exception of newspaper advertising, are based on advertising costs; the newspaper index is based on linage; data beginning 1936 will be published in a subsequent issue. f The index of nonfarm foreclosures has been revised for 1940 and 1941. Revisions are shown on p. S-6 of the May 1943 Survey. Monthly statistics through December 1941, together with explanatory notes and. references to the sources of the data, may be found in the 1942 Supplement to the Survey S-7 SUKVEY OF CURRENT BUSINESS November 1943 1943 September 1942 August September October 1943 N ovem- December ber January February March April May June July August DOMESTIC TRADE—Continued POSTAL BUSINESS Air mail, pound-mile performance ..millions Money orders: Domestic, issued (50 cities): Number thousands. _ 6,385 Value thous. of dol 116,970 Domestic, paid (50 cities): Number thousands 15,118 Value thous. of dol 206,060 3,661 3,870 4,335 4,338 5,039 4,658 4,927 5,398 5,729 5, 495 68,098 5,952 78,701 6,022 78,748 7,748 75, 475 8,201 90, 554 7,632 86, 624 5,983 92, 987 9,527 178,211 7,281 101, 268 14, 582 142,851 16, 308 174, 772 17,386 180, 535 15, 649 162,162 18,376 196,067 16,681 15,209 176, 866 171, 967 21, 350 338,616 18, 269 243, 825 15,011 174,880 17,636 13,867 16,612 262, 532 237, 398 170, 463 6,753 4,442 2,312 7,028 4,698 2,330 7, 520 5,179 2,340 7,195 4,820 2,375 8,352 5,976 2,376 ' 6, 816 r 4, 406 2,411 ' 6, 796 ' 4, 404 2,392 ' 7, 250 r 4, 826 2,424 ' 7, 438 r 5, 010 2,427 ' 7, 441 ' 5,0] 4 2,427 ' 7, 590 ' 5,140 2,451 ' 7,457 ' 4, 996 2,461 ' 7, 394 ' 4, 952 2, 442 136. 4 140.3 129.5 143.1 149.4 131.6 145.2 153.1 131.3 141.7 147.4 131.6 148.9 159.1 131.1 145.0 153.0 130.9 151.7 161.8 133.9 148.2 156. 2 134.2 168.1 188.1 132.9 142.6 148. 5 132.2 r 138. 2 ' 140. 1 135.0 ' 150.1 ' 159. 6 133.4 ' 146. 7 ' 152. 3 136.9 ' 158.1 "171.4 134.7 ' 145. 9 ' 151. 7 135.7 r 152. 5 r 161.9 136.1 r '150.6 ' 158. 9 135.9 ' 149. 8 '157.0 137.1 ' 156.1 ' 166. 3 138.2 r 155. 2 ' 164. 6 138.7 ' 148. 5 r 154. 6 137.8 '155.0 ' 163. 9 ' 139.3 150.4 158.2 136.8 155.5 164.8 139.1 6, 923 7,770 6,006 99,878 158, 381 106,623 5,478 86, 570 CONSUMER EXPENDITURES Estimated expenditures for goods and services:* Total mil. of dol. Goods do.__ Services (including gifts) do. _ _ Indexes: Unadjusted, total 1935-39=100. Goods do _ _ _ Services (including gifts) do _ _ _ Adjusted, total do... Goods do___ Services (including gifts) do.~ '5,240 '171.9 '164.T 152. 5 '161.4 136.9 '151.3 ' 160. 0 136.1 RETAIL TRADE All retail stores, estimated sales, totalt 5,184 5,002 5,212 5,139 5,037 4,452 4,459 5,352 5, 319 4,966 6,138 mil. of dol_4,782 5,430 4,966 Durable goods storesf do. 773 810 779 777 811 805 864 749 889 583 582 718 792 817 231 231 184 214 230 230 226 180 167 158 220 233 212 208 Automotive group t do _ 166 164 170 130 117 119 112 163 174 153 160 178 150 158 Motor vehicles* do. 65 61 56 67 67 66 55 55 58 53 63 48 46 51 Parts and accessories* do. 295 285 283 280 250 282 287 349 259 202 199 291 309 Building materials and hard ware t--do 328 171 168 177 161 215 176 142 122 116 143 161 B uilding materials * do 180 200 206 39 39 38 27 24 36 40 32 28 28 Farm implements* do 34 32 47 40 85 80 82 77 89 55 71 81 77 77 56 Hardware* do 82 88 77 209 195 194 213 218 239 210 269 163 170 196 216 190 220 Homefurnishings groupt -do 176 121 152 167 156 157 169 182 160 204 128 154 163 Furniture and housefurnishings* _do 162 41 39 37 42 50 65 43 42 43 46 36 51 57 Household appliance and radio*.-do 57 73 75 69 64 74 71 55 58 68 75 181 51 54 58 Jewelry stores* do 4,579 Nondurable goods storesf do. 4,509 4,360 4,310 4,380 3,971 4,149 4,421 4,566 4,216 5,249 3,869 3,877 4, 284 540 391 422 479 572 544 Apparel groupf do 374 465 537 486 722 414 496 472 136 115 109 90 130 119 111 85 200 98 116 78 123 100 Men's clothing and furnishings*, .do 210 179 212 211 258 213 298 187 246 220 169 235 257 Women's apparel and accessories*_do 210 69 74 79 58 61 78 53 62 76 73 112 57 68 66 Family and other apparel* do 120 65 84 105 78 80 72 71 92 64 112 74 93 103 Shoes* do 223 231 229 225 197 194 214 198 278 200 193 208 227 207 Drug stores! do 682 670 626 599 716 553 519 724 596 583 547 724 563 570 Eating and drinking placest do 1, 417 Food group t do 1,436 1,494 1,376 1,418 1,389 1,367 1, 356 1,486 1,341 1,514 1, 367 1,287 1,443 1,074 1,090 1,143 1,046 1, 074 1,030 Grocery and combination* do 1,069 1, 042 1,146 1,040 1,161 1,056 1,000 1,101 346 351 344 327 311 342 301 353 287 330 325 343 320 340 Other food* do 221 217 204 226 224 262 254 259 187 182 162 191 222 258 Filling stations! do 792 769 752 700 820 633 694 906 867 728 686 778 827 General merchandise groupf do 1, 266 479 398 463 507 384 432 464 572 558 435 405 486 800 518 Department, incl. mail order* do General, including general merchandise, 108 105 104 102 107 122 103 100 88 90 98 106 100 110 with food* mil. of doL_ Other general merchandise and dry 92 88 83 82 90 69 74 90 134 80 75 83 93 ' 100 goods* mil. of dol__ 112 111 113 119 108 108 109 124 119 211 93 98 106 110 Variety* do 615 603 602 513 526 526 619 630 699 607 493 524 618 580 Other retail storesf do 179 177 174 194 122 122 131 121 142 183 177 175 117 137 Feed and farm supply* do 135 125 151 130 135 104 128 148 143 108 121 112 143 146 Fuel and ice* do 106 109 110 114 99 154 101 115 107 100 94 98 101 130 Liquors* do 194 196 186 190 187 185 175 182 188 271 152 156 174 Other* do-._. 201 All retail stores, indexes of sales:f 166.2 159.4 102.1 154.0 151. 3 157.3 187.9 137.3 149.1 160.2 161.5 Unadjusted, combined index. .1935-39=100.. 169.9 144.6 157.8 99.8 Durable goods stores do 102.9 101.4 96.6 96.6 99.0 100.6 105.5 103.9 100.0 110.5 74.6 78.6 86.7 192.8 Nondurable goods stores do 177.8 187.3 172.7 177.1 182.7 159.0 174.8 178.5 181.5 213.1 157. 8 172.1 172. 3 162.1 Adjusted, combined index do 155.3 163. 0 162.5 163.7 150.3 150.9 154. 3 158.2 153. 9 159.2 170. 4 161. 2 159.2 122.2 Index eliminating price changes*._do 115.9 122.1 122.6 124.9 121.3 121.4 122.7 124.7 120.2 124.2 132.4 122. 9 120.0 96.9 93.0 93.8 97.8 98.5 97.4 Durable goods stores do 102.1 101.6 100.1 98.3 91.9 93.7 95.9 95.1 52.2 Automotive do 48.1 47.4 48.8 50.7 52.6 50.4 48.7 45.7 42.5 45.1 46.0 48.7 50.5 129.0 128.8 131.4 131.6 137.1 132.2 Building materials and hardware-do 147.5 145.6 143.6 139.5 129. 5 128.6 134.5 129.8 143.8 Home furnishings do 142.9 147. 8 158.6 147.7 162.4 166.4 167.1 170. 2 159.6 161.3 158.1 152.1 152. 6 348.1 301.8 293.3 335.2 338.5 319.6 Jewelry do 256. 3 273.0 267.8 277.4 270.0 263.5 302.4 301. 9 183.4 175.6 185.6 183.6 184.9 179.4 Nondurable goods stores do__._ 166.0 167.0 171.9 177.7 174.1 180.6 194. 7 182. 7 198.9 179.9 215.0 196.0 207.3 177.8 171.0 170.0 184.1 185. 8 207.2 278.2 200.7 197.7 Apparel do 189.8 186.0 189.4 187.6 188.6 185.4 Drug do 160.5 161.7 171.5 175.1 184.3 176.1 179.2 178.6 272.0 256.4 265.2 271.3 258.2 203.4 211.5 227.3 230. 3 226.3 240.6 244.7 242.8 251.7 Eating and drinking places do 179.0 176.2 182.0 178.1 175.4 175.7 Food do 170.6 174.1 180.3 183.8 186.1 183.6 185.0 189.4 102.7 97.9 99.3 96.1 99.2 113.9 119.7 116.4 127.5 93.3 102.2 98.3 97.3 98.5 Filling stations do 155.2 143.8 154.1 158. 0 163.8 154. 3 General merchandise do 148. 8 146.4 148. 3 157.7 146. 8 158.9 182. 8 157.6 210.5 208.6 216.5 218.3 224. 5 210.6 180.8 178.6 185.1 182.8 189.2 193.8 200.7 204.3 Other retail stores do Chain-store sales, indexes: Chain-store Age, combined index (20 chains) 171.0 175.0 178.0 181.0 184.0 194.0 180.0 177.0 187.0 175. 0 181.0 179.0 182.0 183.0 average same month 1929-31 = 100 208.0 244.0 208.0 224.0 238.0 228.0 Apparel chains do 212.0 220.0 218.0 228.0 216.0 243.0 295.0 239.0 Drug chain-store sales: T 156.4 151.7 155.0 148.4 157.2 140.2 151.9 136.0 141.6 210.3 132.7 149.3 146. 8 "135. 2 Unadjusted 1935-39=100v 152. 9 165.5 Adjusted do 160.3 165.0 r 159. 9 156.9 142. 3 138.2 147.1 141.0 154.6 146.3 145. 5 149.1 Grocery chain-store sales: 154.9 157.1 152.9 153.3 165.5 146.6 166. 4 158.0 168.9 169.5 155.9 167.3 170.9 167.0 Unadjusted do 159.1 154.8 152. 6 156.0 152. 7 148.8. Adjusted do 174.3 172.4 170.0 169.5 162.1 162.8 165.6 163.9 3 r Preliminary. Revised. * New series. The dollar figures for consumer expenditures have been shown on a revised basis beginning in the March 1943 Survey and the indexes beginning in the July 1943 issue. Dollar figures for years prior to 1942 are available as follows: 1939-41, p. 7, of the April 1943 Survey; annual figures for years prior to 1939 for the total only, p. 12, table 3, of the May 1942 issue. All revisions will be published later. A detailed description of the series, as originally compiled, appears on pp. 8-14 of the October 1942 Survey and a subsequent change in the concepts is outlined in the descriptive notes for table 10, lines 16 to 19, included on p. 24 of the March 1943 issue. Data for 1929, 1933, and 1935-42 for the new series under sales of retail stores are shown on pp. 11-12, table 5, and pp. 6-14, 19-20 of this issue. t Revised series. Sales of retail stores have been completely revised; for figures for 1929, 1933, and 1935-42 and a description of the data, see pp. 6-14,19 and 20 of this issue. S-8 SURVEY OF CURRENT BUSINESS Monthly statistics through December 1943 1941, together with explanatory notes and references to the sources of the data, may be found in the 1942 Sup- SepSepplement to the Survey tember August tember November 1943 1942 October 1943 Novem- December ber January February March April June May July August DOMESTIC TRADE—Continued RETAIL TRADE—Continued Chain-store sales, indexes—Continued. Variety-store sales, combined sales, 7 chains: Unadjusted... 1935-39= 100.. Adiusted do Chain-store sales and stores operated: Variety chains: S. S. Kresge Co.: Sales thous. of doL. Stores operated number.. S. H.Kress & Co.: Sales thous. of dol_. Stores operated number.. McCrory Stores Corp.: Sales thous. of doL. Stores operated number.. G. C. Murphy Co.: Sales ..thous. of doL. Stores operated number.. F. W. Wool worth Co.: Sales. .thous. of doL. Stores operated _ number.. Other chains: W. T. Grant Co.: Sales .thous. of doL. Stores operated. _ .number.. J. C. Penny Co.: Sales thous. of doL. Stores operated. number.. Department stores: Accounts receivable: Instalment accounts§..Dec. 31,1939=100.. Openaccounts§ do ._. Ratio of collections to accounts receivable: , Instalment accounts§ percent-. Open accounts § do — Sales, total U. S. unadjusted.. 1923-25=100.. Atlantaf _ 1935-39=100.. Boston 1923-25=100.Chicago 1935-39=100.Clevelandf do— Dallas -1923-25=100.. Kansas City..1925=100.. Minneapolis 1935-39=100.. New York 1923-25=100. Philadelphia 1935-39=100.. Richmond do St. Lonisi 1923-25=100.. San Francisco 1935-39=100. J>143.7 124.8 142.3 137.8 143.4 140.9 143.2 161.6 157.0 263.0 139.2 106.1 144.6 125.1 157.6 123.6 147.4 139.9 140.0 133.9 138.9 140.0 147.6 184.1 145.5 ' 132. 6 f 151.2 15,385 661 14, 781 671 14,997 671 17, 237 671 16, 610 671 28, 667 671 12, 277 665 13,097 663 14,069 662 16,060 661 14,631 661 15,167 661 14, 833 661 14,588 661 9,380 245 9,607 246 9,599 245 10,278 245 11,046 245 18,397 244 8,063 244 8,750 244 9,634 244 10,013 244 9, 610 244 9,612 245 9,507 245 9,427 245 5,188 202 5,017 203 5,023 203 5,656 203 5.648 203 10,464 203 4,323 202 4,671 202 5,163 202 5,631 202 5,192 202 5,188 202 5,172 202 5,176 202 6,279 206 6,156 207 6,094 207 7,335 207 6,719 207 12, 269 07 5,481 207 6,051 208 7,010 207 6,845 208 6,864 208 6,447 207 6,197 206 33,405 2,010 33, 675 2,012 33,847 2,015 38, 475 2,017 36,376 2,018 64, 240 2,015 29,639 2,012 30, 965 2,012 32, 901 2,010 37,317 2,009 34,859 2,008 34, 677 2,009 34, 687 2,008 33, 200 2,010 13,635 493 11,431 ' 12,649 494 '493 15, 111 493 14,382 493 25,138 493 9,382 10.433 '492 11,956 463 13,824 493 13,559 493 13,720 493 12,171 493 11,897 493 43,041 1,610 40,530 1,611 47,476 1,611 54,294 1,611 49,426 1,611 63,320 1,611 29, 729 1,611 32,890 1,611 35, 517 1,610 40,623 1,610 38,576 1,610 40,988 1,610 34,168 1,610 35,860 1,610 40 62 '70 53 67 63 65 65 70 62 69 58 65 ,K4 65 PI 65 48 62 45 64 41 53 33 62 143 221 103 159 166 251 167 *154 127 148 201 151 24 59 .103 144 75 118 134 127 114 113 94 111 147 114 158 25 60 133 171 105 If* 161 171 133 145 120 143 174 131 184 29 65 137 183 117 154 165 170 146 156 130 160 211 145 191 29 63 157 206 116 168 187 191 147 144 144 182 203 158 219 28 61 111 151 89 123 132 155 126 114 97 112 134 117 150 28 61 132 190 90 155 155 205 140 132 112 137 161 143 184 31 62 121 171 101 136 144 160 144 134 104 135 171 124 171 31 63 133 196 107 151 162 192 151 156 116 148 190 136 30 63 125 193 101 138 154 191 137 135 108 139 181 129 180 29 62 124 178 97 143 154 183 148 143 110> 133 175 132 184 30 62 98 166 74 115 124 163 126 110 91 102 144 108 165 40 52 32 62 112 183 '77 127 142 188 131 128 '96 107 156 122 »179 143 195 155 179 204 143 123 157 197 146 195 168 216 185 194 241 187 138 185 234 166 238 136 182 149 169 172 137 127 154 180 138 196 128 188 144 151 190 147 114 155 181 129 190 125 196 136 152 191 136 115 141 182 129 187 129 205 147 161 206 144 115 140 184 143 200 142 233 164 170 233 151 128 154 205 156 199 7.8 7.6 6.3 6.3 5.1 4.3 5.7 7.0 89 93 91 90 87 92 63 99 110 '110 114 17 16 30 19 18 30 20 18 31 22 20 33 21 21 33 22 21 34 22 21 '33 v 138.1 r 222 286 181 246 252 280 231 219 215 262 304 212 296 132 Sales, total U. S., adjusted....1923-25=100.. 128 130 123 138 208 173 169 161 186 166 Atlantaf 1935-39=100.. 144 147 149 141 Chicago .do— 153 146 151 158 157 146 170 •146 Cleveland! do.... 226 150 165 154 171 162 Dallas 1923-25=100.. *134 131 130 126 Minneapolis 1935-39=100 . 144 141 115 New York* 1923-25=100. 126 112 118 121 119 139 151 133 138 142 140 Philadelphia 1935-39=100.. 170 194 170 193 164 Richmond do ... • 196 129 152 122 135 129 142 St. Louisi .' 1923-25 = 100.. 182 172 176 210 San Francisco 1935-39=100. v 190 Instalment sales, New England dept. stores percent of total sales.. 5.6 7.8 7.8 7.0 5.0 Stocks, total U. S., end of month: 132 Unadjusted 1923-25=100.. 122 128 130 95 Adjusted do.... 115 138 105 101 125 Other stores, ratio of collections to accounts receivable, instalment accounts:* 21 Furniture stores percent16 18 16 17 18 20 Household appliance stores do 13 14 15 15 15 33 Jewelry stores do— 25 26 30 31 45 Mail-order and store sales: Total sales, 2 companies thous. of dol. 133, 422 113, 447 142, 022 174, 045 153, 406 193, 412 48, 741 61, 495 76, 068 68, 396 86, 472 Montgomery Ward & Co do. 54, 280 Sears. Roebuck & Co . do 64, 706 80, 527 97, 977 85,010 106, 941 79,142 Rural sales of general merchandise: Total U. S., unadjusted. 1929-31=100. 204.3 155.9 214.2 250.5 253.6 272.7 184.4 153.3 201.2 245.4 266.2 273.2 East do... 291.6 178.0 262.8 362.2 334.6 325.8 South do 178.6 135. 5 185. 7 210.8 216.5 243.0 Middle West do... 219.6 207.8 272.2 276.2 298.6 324.5 Far West do... 193. 3 190.6 202.6 192.8 194.9 170.5 Total U. S., adjusted ___do-__ 187.5 192.4 204.6 190.7 206.5 164.1 East do.-264.1 246.9 238.0 244.4 243.7 216.9 South do... 174.2 164.3 181.1 166.0 165.2 155.8 Middle Wrest do... 187.6 225.6 232.6 230.0 246.2 298.8 Far West do.__ 102 17 16 31 96, 682 39,983 56,699 152. 2 149.7 193.1 136. 0 171.8 200.0 197.0 244.1 177.8 233.7 142 215 161 165 244 147 '126 145 '206 163 99, 300 118, 532 133, 981 120, 845 121, 285 103, 052 111,041 52,140 41,811 47, 443 52,192 60, 658 54,099 41,443 57, 857 66, 340 73, 325 66, 746 69,145 61, 240 63, 598 174.3 164.0 245. 8 151.9 192.3 215. 5 200.5 224.1 191.0 259.9 185.6 173.5 239.7 158.9 193.3 211.3 193.2 265.4 179.3 234.9 194.3 198.1 227.3 175.0 215.0 211.4 207.8 258.0 187.3 240.7 160.5 157.1 197.5 141.5 186.1 174.9 170.7 232.8 149.4 207.0 161.6 152.7 192.3 145.9 205.7 177.4 166.3 239.2 154.5 215.8 125.0 108.0 151.6 111.4 167.9 171.2 151.2 223.2 150.9 204.8 157.2 148.9 184.5 143.8 188.1 192.2 186.8 255.9 174.2 204.2 ' Revised. * Preliminary. > §Minor revisions in the figures prior to November 1941, which have not been published, are available on request. IThe index on a 1935-39 base shown in the 1942 Supnlement is in process of revision; pending completion of the revision, the index on a 1923-25 base is being continued. JA few revisions in data for 1938-41, resulting from changes in the seasonal adjustment factors, are shown on p. S-8 of the November 1942 Survey. *New series. Collection ratios for furniture, jewelry, and household appliance stores represent ratio of collections to accounts receivable at beginning of month; data beginning February 1941 are on p. S-8 of the April 1942 Survey; data back to Januiry 1940 are available on request; the indexes of instalment accounts outstanding, included in the October 1943 and earlier issues, have been discontinued in the Survey; dollar figures are shown, however on p. S-16. fRevised series. Indexes of department store sales for Atlanta district revised beginning 1935, see p. 22, table 19, of the December 1942 Survey. Revised data beginning 1919 for the Cleveland district are shown on p. 32 of the April 1943 issue. Monthly statistics through December 1941, together with explanatory notes and references to the sources of the data, may be found in the 1942 Supplement to the Survey S-9 SUEVEY OF CURRENT BUSINESS November 1943 1942 1943 September August September October 1943 Novem- December ber January February March April May June July August EMPLOYMENT CONDITIONS AND WAGES EMPLOYMENT Estimated civilian labor force (Bureau of the Census):* Labor force, total .millions._ Male do Female do Employment do Male do Female do Agricultural do Nonagricultural do Unemployment do Employees in nonagricultural estab.rf Unadjusted (U. S. Department of Labor): Total thousands-Manufacturing do Mining do Construction do Transportation and pub. utilities-do Trade do Financial, service, and miscl do Government _do Adjusted (Federal Reserve): Total do Manufacturing. , do Mining -_ do Construction do Transportation and pub. utilities_do Trade do Estimated wage earners in manufacturing industries, total (U. S. Dept. of Labor)* thousands. . Durable goods doIron and steol and their products __do Blast furnaces, steel works, and rolling mills thousands-Electrieal machinery -do Machinery, except electrical do Machinery and machine-shop products thousands. Machine tools ___do Automobiles do Transportation equipment, except automobiles thousands- _ Nonferrous metals and products do Lum ber and timber basic products _ - do Sawmills do Furniture and finished lumber products thousands-Furniture do.__ Stone, clay, and glass products do-__ Nondurable goods do Textile-mill products and other fiber manufactures thousands- Cotton manufactures, except small wares thousands,. Silk and rayon goods do.._ Woolen and worsted manufactures (ex. dyeing and finishing) thousands- Apparel and other finished textile products thousands.Men's clothing do. Women's clothing do. Leather and leather products do. Boots and shoes do. Food and kindred products do. Baking do. Canning and preserving do_ Slaughtering and meat packing—-do Tobacco manufactures do Paper and allied products do Paper and pulp do Printing, publishing, and allied industries thousands,Newspapers and periodicals do_ Printing, book and job do Chemicals and allied products do Chemicals do Products of petroleum and coal do Petroleum refining do Rubber products do Rubber tires and inner tubes do Wage earners, all manufacturing, unadjusted (U. S. Dept. of Labor)f 1939=100-Durable goods do Iron and steel and their products.-do Blast furnaces, steel works, and rolling mills 1939=100-.. 53.3 36.2 17.1 52.5 35.8 16.7 11.3 41.2 .8 56.2 41.1 ! 15.1 r '5i.o *" 39.7 1 14.3 '* H-2 t '42. 8 2.2 54 J 39.2 14.9 52.4 38.2 14.2 10.2 42.2 1.7 54.0 39.0 15.0 52.4 38.1 14.3 10.5 41.9 1.6 54.5 38.5 16.0 52.8 37.5 15.3 9.8 43.0 1.7 54.9 37.5 17.4 53.9 37.0 16.9 12.0 41.9 1.0 53.4 37.9 15.5 51.9 37.0 14.9 8.9 43.0 1.5 52.4 37.1 15.3 51.0 36.3 14.7 8.7 42.3 1.4 52.3 36.7 15.6 50.9 35.9 15.0 8.8 42.1 1.4 52.0 36.4 15.6 51.0 35.8 15.2 9.0 42.0 1.0 52.1 36.5 15.6 51.2 36.0 15.2 9.6 41.6 .9 53.0 36.7 16.3 52.1 36.2 15.9 10.8 41.3 .9 54.6 37.3 17.3 53.4 36.7 16.7 11.9 41.5 1.2 55.5 37.8 17.7 54.3 37.2 17.1 12.1 42.2 1.2 38,336 15, 956 850 1,328 3, 552 6,423 4,337 5,890 38, 262 15,911 837 1,299 3,587 6,331 4,349 5,948 38, 484 16,056 835 1, 277 3,653 6,371 4, 355 5,937 ' 38,364 16,136 830 1,218 3,683 6,290 4,359 ' 5,848 • 38, 241 16, 245 '823 ' 1,162 ' 3, 695 ' 6, 218 ' 4, 331 ' 5, 767 38, 344 16,138 842 1,123 3, 610 6,373 ' 38, 276 ' 16, 138 835 1,065 3,630 6,388 • 38,003 • 16,086 '825 ••1,023 ' 3,645 ' 6, 335 ' 13, 827 r 13, 911 r 8, 252 ' 8, 296 1,719 ' 1, 715 •14,003 ' 8, 321 '1,718 38. 478 15, 313 902 2,028 I 3, 539 • 6, 697 ! '4, 327 L 5, 672 38, 533 15,434 894 1 1,896 3, 520 6,771 4,295 5,723 38, 942 15,684 37. 862 15, 743 37,958 15,851 3, 533 6,496 4,371 5,323 38, 348 15, 233 H 910 i 2,185 3, 542 6, 561 4.397 5,520 1, 674 3,502 7,107 4, 279 5,811 1,470 3,463 6, 371 4,259 5, 689 1, 388 3, 456 6, 291 4, 270 ,5,837 38,115 15.958 861 1,357 3,475 6,328 4, 281 5,855 37,686 15,989 813 979 3,638 6,247 37, 433 14,819 918 1,9.16 3,490 6,607 37, 645 15, 006 900 1,959 3,482 6,523 37, 962 15,162 « • '888 ' 1,902 3, 466 6,619 38, 325 15, 349 883 1,889 3, 508 6,673 38, 842 15, 687 884 2,004 3, 535 6, 635 38, 791 15,932 870 1,843 3, 549 6, 513 38.821 15, 975 873 1,748 3, 545 6,458 38, 656 16,043 864 1, 564 3,551 6, 424 38, 478 16, 025 858 1, 363 3, 572 6,433 38, 222 15, 998 842 1,213 3,577 6, 357 13,946 8,330 1,721 12,869 7,192 1,620 13,079 7, 313 1,621 13,166 7,464 1,635 13, 267 7,597 1, 643 13, 474 7,780 1,676 13, 503 7.875 1, 693 13,633 7, 998 1,715 13, 727 8,099 1,726 13, 735 8,145 1,729 13,700 8,159 1,718 512 725 1,248 540 564 1,114 532 586 1,126 525 610 1,148 518 630 1,168 523 649 1,190 522 661 1, 202 524 676 1,220 523 693 1,233 523 695 1,237 522 695 1,243 521 703 1,251 518 r 714 ' 1, 251 515 '717 ' 1, 251 496 101 738 435 118 534 440 119 556 449 120 572 457 121 592 465 122 613 469 123 631 476 121 642 483 120 649 487 119 653 491 117 660 493 115 676 '495 111 694 497 106 '714 2,306 417 467 256 1,673 387 581 313 1, 752 390 546 303 1, 836 392535 295 1,909 398 526 290 1,999 405 515 282 2,067 408 489 266 2,132 412 478 260 2,187 410 479 262 2,221 411 480 262 2,241 410 479 263 2,288 415 482 264 ' 2,306 414 484 265 ' 2,304 '415 '482 264 356 167 352 5,616 369 170 370 5,677 367 170 369 5,766 368 173 368 5, 702 363 168 368 5,670 365 170 368 5,694 362 168 362 5,628 364 170 359 5,635 364 171 358 5,628 360 168 359 5,590 356 167 357 5,541 358 167 360 5,575 360 169 358 5,615 '362 170 '358 ' 5,682 1,185 1,283 1,272 1,275 1,277 1,287 1,273 1,275 1,270 1,254 1,239 1,233 1,219 ' 1,204 471 94 507 103 505 98 505 100 506 99 510 99 504 98 505 98 502 98 497 97 490 96 488 96 484 95 478 95 m, 263 16, 207 j < 822 * 1,091 .! 3,704 " 6, 284 ^ 4, 331 5,824 37,802 .14, 980 > 918 i 2,181 t r 160 181 180 177 176 177 176 175 174 171 170 168 165 162 822 221 231 • 315 178 1,104 251 249 159 88 311 149 915 247 252 367 209 1,125 258 248 179 97 298 152 907 246 252 357 200 1,210 2fi3 322 178 98 297 151 904 242 253 357 199 1,099 265 191 174 99 300 151 887 235 248 363 204 1,038 203 136 176 100 304 150 886 236 247 364 204 1,018 264 114 187 99 309 151 884 237 248 361 202 965 258 95 185 96 309 151 897 240 252 359 201 936 252 90 177 94 313 150 903 242 253 354 197 921 254 80 167 93 313 150 889 240 249 346 193 910 247 90 156 93 312 149 865 234 241 337 187 914 247 92 154 90 312 149 853 231 239 333 185 953 251 ' 109 ••160 89 316 150 833 228 229 330 184 '1,019 253 '162 161 89 316 150 834 225 234 325 183 ' 1,110 251 247 163 '88 '315 150 330 112 129 736 119 126 82 195 91 325 114 126 623 111 129 81 158 68 323 116 123 649 111 128 81 164 70 331 116 129 673 111 126 79 169 73 338 117 133 693 111 125 78 174 77 342 118 134 702 112 124 78 180 80 335 114 133 715 111 123 77 183 81 338 113 135 726112 122 77 185 82 334 113 132 734 113 122 78 186 83 330 114 128 744 113 123 79 186 83 329 114 127 739 114 124 80 186 83 334 114 130 743 116 125 81 189 85 339 112 135 '745 117 126 82 192 88 337 112 134 '741 118 '127 83 '194 89 170.2 230. 7 173.6 157.1 199.2 163.4 159.6 202. 5 163. 5 160.7 206.7 164.9 161.9 210.4 165.7 164.5 215. 5 169.1 164.8 218.1 170.7 166. 4 221.5 173.0 167.6 224.3 174.1 167.7 225.6 174.4 167.2 225.9 173..2 168.8 228.5 ' 173.4 ' 169.8 ' 229.7 ' 172. 9 ' 170. 9 ' 230. 4 ' 173.3 131.7 138.9 137.0 135.5 133.4 134.5 134.3 134.9 134.7 134.6 134.5 134.2 133.3 132.6 ' Revised. fRevised series. The estimates of employees in nonagricultural establishments and in each of the component groups, with the exception of the trade group and the financial, service, and miscellaneous group, have been revised beginning 1939 and revisions of the earlier data are in progress; the revised data will be published when revisions are completed (data beginning August 1941 are in the October 1942 Survey). The indexes of wage-earner employment and of wage-earner pay rolls (p. S-12) in manufacturing industries have been completely revised; for 1939-41 data for the individual industries, except newspapers and periodicals and printing, book and job, and 1939-40 data for all manufacturing, durable goods, nondurable goods, and the industry groups, see pp. 23-24 of the December 1942 Survey. Indexes for the totals and the industry groups have been further revised beginning January 1941; data for 1941 are shown on p. 28, table 3, of the March 1943 issue. *New series. For estimates of civilian labor force, employment, and unemployment beginning April 1940, see p. 30, table 9, of the June 1943 Survey. Data beginning 1939 for the new series on wage earners in manufacturing industries will be shown in a later issue; data beginning October 1941 for the individual industries, except machine tools, newspapers and periodicals, and printing, book and job, are available on pp. S-8 and S-9 of the December 1942 Survey; the figures for all manufacturing, durable goods, nondurable goods, and the industry groups are shown on a revised basis beginning with the March 1943 Survey and figures previously published for these series are not comparable with the current d a t a . S-10 SURVEY OF CURRENT BUSINESS Monthly statistics through December 1941, together "with explanatory notes 1943 and references to the sources of the Sepdata, may be found in the 1942 Suptember plement to the Survey November 1943 1942 August September October 1943 Novem- December ber January February March April May June July August EMPLOYMENT CONDITIONS AND WAGES—Continued EMPLOYMENT—Continued Wage earners, all mfg., unadj.f—Con. Durable goods—Con. 255.1 279.8 226.3 235.3 243.0 Electrical machinery 1939=100., 250. 3 267.4 260.8 217.8 268.4 268.3 271.1 ' 275. 5 ' 276.7 227.5 217.3 Machinery, except electrical do 236.2 213.0 233. 3 230.8 210.7 235.2 234.1 236.7 ' 236. 8 ' 236. 8 221.0 225.1 Machinery and machine-shop products 231.7 244.9 226.0 230.0 1939=100.. 217.5 222.0 214.9 235.5 238. 7 240.9 242.6 243.4 ' 244. 4 245.6 334. 8 275. 5 323. 7 327.6 Machine toolsj do 321.3 328.5 331.4 324. 3 318.5 312.8 301.8 289.5 330.3 333.1 156.7 138.2 142.3 183.4 Automobiles do 132.6 161.4 162.3 159.5 164.0 167.9 147.1 152.5 172.6 ' 177. 5 Transportation equipment, except automobiles 1939=100- 1,453.0 1,054. 3 1,104.0 1,156. 5 1, 202. 8 1,259.2 1, 302. 2 1, 343.1 1, 378.1 1,399.3 1,412.0 1, 441.6 1,452.6 1,451.7 178-1 .181.8 171.2 Nonferrous motals and products do 169.0 170. 3 179.6 178. 8 179.2 178. 8 180.9 180.6 ' 180. 9 173. 5 176.7 116.3 110.0 127.2 Lumber and timber basic prod do.... 133.5 129.9 113.8 114.0 114.8 114.0 115.1 '114.6 114,1 125.1 122.5 92-4 102.5 91.7 Sawmills do 108. 5 105. 0 90.4 90.8 91.2 91.8 91.1 100.6 97.9 91.7 Furniture and finished lumber products 10S. 6 110.5 112. 0 112.3 112.4 111.4 1939=100.. 111.0 109.8 109.1 110.2 111.0 108.6 109. 8 ' 110. 4 104.9 107.2 108.3 107.0 Furniture do 108.6 107.1 105. 6 105.1 105.5 104.9 105.9 106. 5 105.8 106.7 119.8 125.8 125.2 126.1 Stone, clay, and glass products do 122. 0 122.4 122.3 122. 5 123.2 121.5 122.1 '121.8 125.3 125.4 122.6 125.9 124.5 123.9 122.9 Nondurable goods do 122.0 121.7 122.9 121.0 r 122.6 ' 124.0 123.8 124.3 123. 0 Textile-mill products and other fiber man103.6 112.5 ufactures 1939=100.. 112.2 111.5 111.2 111. 7 109.6 108.3 111.3 111.1 107.8 106.5 r 105.2 111.5 Cotton manufactures, except small 118.9 127.7 128.9 wares do 127.7 127.7 126.9 128.0 123.2 125.5 122.3 127. 2 123.7 120.8 127.5 Silk and rayon goods do 81.9 83.2 86.0 79.9 79.3 81.6 80.1 82.7 82.7 79.1 78.3 81.8 Woolen and worsted manufactures (except 81.7 dyeing and finishing) 1939= 100, _ 107.4 118.1 118.7 118.5 121.3 120. 3 110.9 117.9 112.6 113.8 110.5 114.6 108.3 117.4 Apparel and other finished textile prod104.1 114. 5 112.3 112.2 ucts 1939=100.. 115.0 115.9 113.7 103.0 112.0 109.6 105.6 ' 105. 7 112.6 114.4 101.1 111.0 112.5 Men's clothing do 113.1 109.7 105.6 108. 2 106.9 104.1 107.6 107.8 109.7 102.7 110.6 85.1 92. 1 Women's clothing do 92.9 92.5 87.8 92.8 91.2 88.7 84.4 91.6 91.4 91.1 86.1 93.2 90.8 102.8 Leather and leather products do 105.8 103.0 96.0 103.3 104.1 97.0 95.0 104.7 104. 9 99.8 101.9 '93.6 81.7 91.7 Boots and shoes ..do 91.3 95.6 84.9 92.1 92.8 85.9 88.5 84.5 93.4 93.5 90.5 83.8 129.2 141.6 Food and kindred products do 128.6 131.7 111.5 109.5 112.9 103.9 121.5 119.1 105.5 ' 119. 3 ' 129. 9 107.7 108.6 113.6 Baking do 114.7 111.8 108. 9 109.2 111. 6 107.1 107.1 109.7 114.1 114.4 110.1 109.0 185.3 239.7 C anning and preserving. do 142.4 184.5 '81.2 67.0 70.5 68.2 66.9 ' 120. 3 101.3 84.5 59.5 183.8 132.2 147.3 Slaughtering and meat packing.._do 144.6 148.6 132.1 ' 133. 7 146.8 153.7 127.8 129.3 145.3 155. 0 138.4 135.0 94.7 105. 2 Tobacco manufactures do 106. 4 103.5 95. 7 100.2 102.4 96.3 99.9 95.1 106.8 106.3 99.9 r 94.8 117.2 111.9 Paper and allied products do 113.1 112.3 119. 0 117.8 116.6 117.7 117.7 U4. 7 116.4 118.9 ' 118.5 118.0 108.0 109. 7 Paper and pulp do 109.5 110.6 109.4 109.3 110.0 108.4 108.4 109.3 109.6 108.9 109.1 109.4 Printing, publishing, and allied industries 103.1 1939=100.. 100.7 98.5 104.3 99.1 100. 9 102.2 103.0 101.8 100.4 103.4 ' 102. 9 100.6 101.8 Newspapers and periodicals* do 94.7 97.4 96.3 98.1 96.3 95.4 95.7 95.7 94.4 94.4 95.8 94. 9 98.5 99.5 Printing, book and job* do 102. 0 97.5 99.7 101.8 104.9 106.9 103. 2 100.6 106.6 105. 4 106.3 101.0 104.6 108.1 Chemicals and allied products do 255.4 225.1 216. 3 233.4 248.0 251.9 257. 7 ' 258. 6 ' 257. 0 256.4 258. 3 251.8 240.3 243.7 171.1 159.2 Chemicals do 158.9 158. 9 159.8 161. 3 168. 2 163.2 162.4 168. 2 161.7 169.3 159.7 160.4 119.0 120.8 Products of petroleum and coal do 121.6 119. 3 116.0 115.2 118.5 117. 3 116.0 119.1 ' 119. 7 115.6 117.8 117.4 113.0 110.3 Petroleum refining do 110.8 108.4" 106.3 106.1 111.0 ' 112.6 109.7 108. 4 107.2 113.4 107.0 107.1 161.2 135.3 Rubber products do 130.7 139.9 151.6 152.8 158.4 153.9 153.8 153. 8 143. 8 149.0 158.9 ' 160. 3 168.6 130.5 Rubber tires and inner tubes do 125.5 136.7 150. 0 150.7 157.1 153.9 153. 3 153.0 165.2 141.9 147. 4 161.7 167. 7 156.9 Manufacturing, adjusted (Fed. Res.)f--do 155.1 158.9 167.1 167.9 169.8 168.3 168.5 • 168,6 160.9 164.4 ' 169.6 ' 168.8 229.1 201.6 198.5 205. 6 219. 3 Durable goods do 222. 5 226.0 ' 228. 5 225.1 ' 225. 9 ' 229. 6 209.6 215.4 229.5 119.3 . 120. 9 121.6 122.0 126.0 Nondurable goods do 123.6 122.8 124. 9 123.2 124.1 ' 120. 9 122. 5 124. 3 122 A Manufacturing, unadjusted, by States and cities: State: 244.4 284.7 237.9 244.7 245.8 253.0 California* 1940=100.. 274.2 254.3 261. 9 280.2 ' 297. 7 266.4 270.1 269.6 172.1 214.7 170.6 169.3 Delaware 1923-25=100-. 179.2 183.7 198.2 200.8 r 212.4 185.9 189.6 177.8 180.8 193.6 141.2 157.7 141.5 142.9 146.3 Illinois 1935-39=100_. 148.9 153.5 155.5 149.5 150.1 151. 2 156.4 142.8 145.4 191.0 175.8 ' 178. 0 176.5 186.2 189.7 Maryland 1929-31 = 100.. 190.7 ' 191. 5 192.2 192.4 190.1 178.4 180.3 190.0 144.8 143.2 135.8 138.9 145.0 Massachusettsf 1935-39=100.. 144.5 145.6 145.4 146.1 146.5 140.6 143.1 143.8 136.6 165.9 168.2 158.4 161. 9 New Jersey§ 1923-25=100.. 163.2 164.7 161.7 156.0 158.4 146.4 152.1 New York 1935-39=100.. 159.4 160.4 159.5 160.7 159.2 161.3 149.7 153. 6 155.8 160. 2 163.5 165.9 151. 5 157.5 Ohio do 170.2 168.8 170.7 168.0 168.3 155.4 159.3 163.1 117.0 118.4 114.7 ' 114. 8 115.5 118.2 Pennsylvania 1923-25=100.. 118.8 r 119. 0 r 118. 9 118.1 118.3 117.7 116.0 116.8 145.1 146.3 148.4 136.9 141.1 Wisconsin 1925-27=100.. 148.7 146.9 147.0 147.0 143.5 145.1 149.3 149.1 138.8 City or industrial area: 182.1 174.8 173.4 174.4 172. 3 174.2 180.1 183.3 184.9 185.2 181.8 182.3 r 182. 1 Baltimore 1929-31=100.. 182.5 142.9 145.8 157.1 142.3 149.7 152.5 152.7 151.9 154.0 155.7 Chicago 1935-39=100.. 152.8 146.5 149.0 156.6 168.7 171.6 167.0 178.1 183.8 187.8 190.1 192.4 193.1 Cleveland do. 190.2 174.5 178.7 143.1 146.9 175.7 137.9 160.8 164.1 165. 0 162.8 171.5 173.7 Detroit 1923-25 = 100.. 169.9 175.5 149.5 150.3 292.1 233.9 243.3 229.8 271.3 278.2 283. 3 286.8 289.0 293.2 r 302. 4 Los Angeles* 1940=100.. 287.1 251.7 266.7 174.6 160.0 155.7 r 157. 7 165. 5 168.4 170.1 170.3 172.7 174.4 Milwaukee 1925-27=100.. 171.1 174.9 163.6 164.3 140.7 132.0 134.1 129.3 134.0 136.7 139.9 139.8 137.4 135.6 New Yorkf 1935-39=100 137.7 138.8 134.2 134.7 144.1 134.5 131.4 ' 132. 6 139.6 142.0 143. 2 143.9 145.0 144.0 ' 144. 1 Philadelphia 1923-25=100.. 136.8 137.4 144.0 131.5 120.4 122.5 120.4 125.4 127.7 128.4 129.3 131.7 131.8 ' 132. 2 Pittsburgh do... 129.7 122.7 124.0 349.6 291.8 292.2 274.6 303.8 317.9 321.5 321.5 330.1 335.2 San Francisco* 1940 = 100 292.8 299.3 320.6 357. 2 138.6 141.4 138.9 146.9 147.2 147.8 151.9 159.1 161.5 St. Louis 1937=100 154.2 143.1 147.2 160.7 162.6 154.0 ' 158. 2 177.8 181.0 184.9 191.0 198.8 203.1 ' 206.4 Wilmington 1923-25=100 209.1 194.3 172.0 174.8 Nonmanufacturing, unadjusted (U. S. Department of Labor): Mining:! 83.7 92.5 91.8 91.8 92.8 90.9 Anthracite 1939=100. 83.4 89.4 89.5 87.3 86.5 86.2 '84.1 100.8 117.5 • 116.6 115.3 Bituminous coal do... 111.8 110.4 109.1 106.2 103.8 102.7 102.2 ' 101. 4 113.7 112.7 109.2 121.4 Metalliferous do... 116.5 114.8 118.5 114.4 113.4 112.6 110.9 ' 110. 5 ' 108.1 r 105. 5 116.3 115.8 95.9 116.3 Quarrying and nonmetallie do 112.9 98.6 114.5 96.7 96.3 98.2 .98.2 98.8 98.8 109.5 105.9 '98.1 82.4 Crude petroleum and natural srasf do 81.2 86.2 84.4 82.0 85.0 82.3 82.1 83.6 83.0 81.7 82.6 82.3 '82.8 Public utilities:! Electric light and power do 85.2 92.9 96.5 94.6 91.3 90.4 88.1 89.0 87.4 86.6 86.4 86.5 '86.1 Street railways and busses-— do. 117. 7 110. 0 108.7 109.7 114.8 113.2 115.5 117.1 110.0 111.6 117.5 '117. 7 ' 117. 6 117.7 Telephone and telegraph do. 123.6 123.2 126.8 123.8 122. 2 122.0 122.3 122.8 123.2 126.8 ' 127. 5 122.9 122.4 124.7 Services:| 119.3 122.1 123.9 122.8 118.8 114.8 Dyeing and cleaning do. 113.2 111.8 116.1 125.1 125. 2 ' 119. 4 126.5 128.9 110.4 122.5 121.5 121.0 Power laundries do. 119. 2 117.4 118.5 118.4 118.4 119.6 r 118.7 ' 113. 8 119. 2 118.3 101.5 107.3 102.1 103.9 101.8 Year-round hotels do. 103.7 104.4 I 104. 9 105.1 105. ' 106. 7 107.6 107.7 ' Revised. § Index is being revised. t Data for December 1941—July 1942, which were not available for publication currently, are as follows: Employment—1941, December, 249.8; 1942—January, 260.0; February, 271.9; March, 283.6; April, 295.4; May, 301.9; June, 311.0; July, 317.1. Pay rolls (page S-12)—1941, December, 378.0; 1942—January, 410.2; February, 429.7; March. 453.0; April, 466.1; May 489.2; June, 507.0; July, 506.8. t Revised series. The Department of Labor's indexes of wage-earner employment in manufacturing industries have been completely revised; see note marked "f" on p. S-9. Revised seasonally adjusted employment indexes are as yet available only for all manufacturing, durable goods, and nondurable goods; the indexes for all manufacturing and for nondurable goods are preliminary. Earlier data for the New York City employment index not shown in the July 1942 Survey and subsequent issues and for the Massachusetts index, shown on a revised basis beginning in the May 1943 Survey, will be published later. The Department of Labor's indexes of employment in nonmanufacturing industries have been revised to a 1939 base, and, in some instances, adjusted to 1939 Census data; for data beginning 1939, see p. 31 of the June 1943 Survey. * New series. Indexes beginning 1939 for newspapers and periodicals and printing, book and job, and beginning 1935 for the employment indexes for California and the Los Angeles and San Francisco industrial areas, will be shown in a later issue. S-ll SUKVEY OF CUEKENT BUSINESS November 1943 Monthly statistics through December 1941, together with explanatory notes and references to the cources of the data, may be found in the 1942 Supplement to the Survey 1943 September 1942 August September October 1943 Novem- December ber EMPLOYMENT CONDITIONS AND WAGES—Continued EMPLOYMENT—Continued] Nonmanufaeturing, unadj.—Continued. Trade: Eetail, totalt 1939=100. Food* do__General merchandising! do _ _ Wholesalef do___ Water transportation* do_ _ _ Miscellaneous employment data: Federal and State highways: Totali numberConstruction (Fed. and State) do.-. Maintenance (State) do Federal civilian employees:! United States thousandsDistrict of Columbia do_-_ Railway employees (class I steam railways): Total thousands. Indexes: Unadjusted! 1935-39 = 100. Adjusted! do___ 97.6 103.7 112.3 93.8 171.8 98.5 110.0 104.5 101.1 S4.5 101.1 109.7 112.6 100. 2 86.9 104.3 112.0 121.8 100. 9 106.6 111.4 132. 5 100.1 98.3 117.0 111.2 166.3 99.6 98.4 99.0 107.0 112.3 97.7 100.8 97.3 106.4 108. 8 97.6 110.2 98.3 106.1 111.0 97.3 117.0 100.8 106.3 116.4 96.5 124.9 98.5 ' 105. 6 ' 112. 5 95.1 131. 8 98.9 105.7 112.7 95.8 143.0 96.6 104.2 108.6 96.0 152.5 '94.9 ' 102. 5 ' 105.4 '95.3 ' 162.1 238, 722 219, 047 211, 751 186, 942 161, 010 147, 915 144, 706 146, 550 154,164 163,446 175, 446 180, 228 181,863 90, 022 80, 836 78, 031 58,947 40, 588 33, 655 33. 328 35, 623 42, 841 49,175 55, 239 26, 786 59, 547 90, 363 95, 645 128,699 98, 090 117, 972 109, 076 105, 701 100,898 94,108 88,831 86', 527 87, 052 87,429 2,451 275 1, 418 134. 7 131.5 2,549 281 1,349 129.6 126.9 1,349 129. 6 126.5 2, 687 284 1, 348 129. 5 125,3 2,750 284 1, 343 129. 0 127.9 i 2, 891 284 1,351 129. 6 131. 6 2,864 285 1,346 129.3 134.4 2,945 287 1,340 128. 7 132.0 2,979 285 3, 006 283 3,031 280 1, 352 129.9 133.2 1,374 132.0 134.1 1,378 132.3 132.9 3, 253 280 1,411 135. 5 133.7 3,223 279 3,100 274 1,418 ' 136:3 ' 133. 5 1,406 135.1 132.4 LABOR CONDITIONS Average weekly hours per worker in factories: 45.2 45.3 44.7 44.9 45.0 44.5 Natl. Ind. Con. Bd. (25 industries').-hours.. 43.7 44.3 45.0 43.2 43.4 43.6 U. S. Dept. of Labor, all manufacturing! 45.2 44.4 44.2 44.5 44.7 45.0 43.6 44.4 '45.1 45.0 hours _. 42.4 44.0 43.0 46.9 46.8 46.8 46.0 46.2 46.4 46.8 45.8 46.1 46.1 45.9 44.6 Durable goods* do 45.3 46.4 "46.4 46.2 45.5 46.7 45.8 46.1 44.3 44.8 45.3 Iron and steel and their products*-do 43.0 45.0 43.7 Blast furnaces, steel works, and rolling 44.1 43.2 43.5 '44.2 43.9 42.8 40.9 45.7 42.0 41.7 41.9 40.2 39.9 mills* hours. 47.3 47.0 47.1 47.0 '46.2 46.9 47.0 46.9 47.0 47.0 Electrical machinery* do 46.4 46.7 46.0 49.4 49.7 49.8 '48.1 49.5 49.6 49.7 48.8 Machinery, except electrical* do 49.6 49.6 49.4 49.5 48.0 Machinery and machine-shop prod49.2 49.3 49.6 47.9 49.4 49.3 49.6 49.0 49.6 48.4 ucts* hours. 49.0 47.8 48.8 51.8 52.0 '49.5 52. 5 52.8 53.0 51.8 52.0 '50.7 49.7 51.2 52.5 52.8 Machine tools*,. do 46.3 45.5 45.7 45.9 46.0 47.1 44.1 45.5 46.0 45.1 45.7 Automobiles* do _ _ _ 45. 2 46.2 Transportation equipment, except auto47.5 47.5 '47.1 '46.8 46.8 47.7 46.9 46.7 mobiles* _ ' hours _. 47.1 47.5 47.0 47.3 46.7 Aircraft and parts (excluding engines)* 46.5 46.2 46.8 '45.5 46.2 47.3 46.9 46.1 . hours.. 46.3 46.6 46.5 46.3 46.7 '47.7 46.9 47.8 '47.9 46.7 47.7 47.8 47. 6 48.0 47.1 Shipbuilding and boatbuilding*.do..__ 47.6 47.0 47.7 46.9 47.1 '46.1 45.9 k 46.6 46.8 46.6 45. 4 46.0 46.0 44.8 Nonferrous metals and products*, do 44.1 46.1 '44.4 42.4 43.8 ' 42.8 41.9 43.1 45.3 42.5 41.7 39.8 41.8 Lumber and timber basic prod*._.do___ 41.0 41.3 Furniture and finished lumber products* 44.6 '44.0 '42.1 43.9 44.5 42. 8 43.6 43.7 42.8 42.8 45.2 41.4 hours _. 41.0 42.9 42.1 42.7 '43.1 41.8 41.8 41. 3 41.8 41.4 41.7 43.5 40.1 Stone, clay, and glass products*--do 39. 3 42.8 42.3 42.5 42.0 '42.7 '42.1 42.1 41.3 41.8 42.4 40.2 40.8 Nondurable goods* do 39.7 Textile-mill products and otherfiber man41.9 41.6 41.7 41.5 '40.8 40.4 41.5 40.8 '41.5 41.3 ufactures* hours.. 39.4 41.3 40.3 >'• ¥ Apparel and other finished textile prod38.4 38.1 38.2 39.0 36.9 38.8 37.6 37.1 37.4 37.4 ucts* hours _ _ 36.2 37.0 34.9 40.1 '39.8 40.2 '39.2 40.2 40.4 40.1 38. 9 40.3 40.3 38.4 39.0 Leather and leather products* do 36.7 44.6 44.9 43.3 44.4 43.4 43.6 4L.6 43.9 43.2 42.9 41.3 42.4 Food and kindred products* do 41.8 40.2 41.0 40.0 42.1 39. 5 41.1 40.4 41. 2 39.6 39.5 40/6 38.5 Tobacco manufactures* do 38.6 45.6 45.7 45.3 44.6 44.9 45.6 44.9 44.2 41.2 44.0 44.5 43. 4 Paper and allied products* do 40.8 Printing and publishing and allied indus39.9 '40.2 39.8 39.8 40.1 40.7 40.2 39.5 38.5 39.5 tries* hours... 38.2 39.8 38.0 45.7 45.6 45.3 45.7 44.6 45.0 45.5 43. 6 44.7 43.9 42.7 44.5 Chemicals and allied products*_.-do 43.3 44.5 '44.9 46.1 42.4 '44.9 40. 5 41.8 42. 6 43.5 41.8 39. 5 41.1 Products of petroleum and coal*-.do 39.5 46.0 44.1 44.6 45.4 12. 7 43.4 '44.1 41.6 44.4 45.1 45.1 44.5 42.3 Rubber products* do Average weekly hours per worker in nonmanufaeturing industries CU. S. Dept. of Labor):* 37.4 38.1 39.5 36.3 38.1 39.0 Building construction hours _ 37.9 37.8 38.0 37.1 39.3 37. 3 37.8 Mining: 41.2 28.2 41.3 36.1 42.2 41.5 37.7 35.7 35.1 35. 9 31.0 Anthracite do 34.0 35.8 36.9 28.4 35.2 40.5 37.0 38.6 37.1 34.2 34.4 34.7 32.1 33.5 Bituminous coal do 35.7 43.9 '45.0 44.3 46.6 43.8 43.6 43.7 '43.7 44.2 43.3 43.4 43.2 Metalliferous do 44.0 46.0 47.3 46.4 48.2 44.4 43.8 46.5 45.6 45. 7 44.3 44.7 44.7 Quarrying and nonmetallic do 43.8 41.2 42.6 41.0 43.2 40.6 40.8 43.3 39.8 38.7 39.9 38.8 40.5 Crude petroleum and natural gas do Public utilities: 40.8 41.7 42.1 40.8 '42.0 39.8 40.5 41.0 40.5 40.8 40. 5 40.0 40.1 Electric light and power do 49.0 49.5 '49.4 51.2 49.7 48.9 49.0 49.4 47.9 49.9 49.2 47.4 Street railways and busses do 48.5 42.2 42.2 41.2 42.1 42.1 41.3 41.4 40.7 41.1 41.1 40.6 40.7 Telephone and telegraph do._. 40.7 Services: 44.2 45.1 45.3 44.1 43.5 45.7 43.5 43.6 43.0 43.3 43.1 42.8 43.1 Dyeing and cleaning do__. 44.4 44.1 44.4 43.9 43.8 44.0 43.3 44.0 44.1 43.7 43.2 43.3 43.1 Power laundries do__. Trade: 42.1 40.7 40.9 40.8 41.1 41.1 '41.7 40.9 41.0 41.3 42.1 41.1 '41.0 Retail, total "_.do__. 41.8 41.7 42.5 42.4 42.9 41.4 41.6 41.2 41.8 41.7 40.9 41.7 Wholesale do. _ 41.7 Industrial disputes (strikes and lockouts): 2 395 395 400 144 210 260 207 147 274 195 330 (2) Beginning in month number 445 450 435 269 172 240 300 169 349 () In progress during month do__ 225 430 Workers involved in strikes: 42 72 200 620 950 62 52 59 92 90 (2) Beginning in month thousands 75 625 955 48 205 67 62 55 108 100 101 (2) In progress during month do__ 1,275 4, 750 230 675 244 128 193 170 449 450 Man-days idle during month do__ (2) 387 ' Revised, i Includes about 80,000 excess temporary Post Office substitutes employed only at Christmas; such employees have been included in data for earlier years. 2 Temporarily discontinued by compiling source. % Total includes State engineering, supervisory, and administrative employees not shown separately. \ Data beginning June 1943 are not comparable with earlier figures as a result of differences in coverage under a new reporting system. Beginning that month, data include persons serving without compensation and $1 a year employees, previously unreported, and exclude employees on terminal leave who were formerly included. Includes only personnel performing services in 48 States and the District of Columbia. The estimated United States total for June 1943 comparable with earlier figures is 3,068,000. ! Revised series. For data beginning 1939 for the Department of Labor's revised indexes of employment in nonmanufaeturing industries, see p. 31 of the June 1943 Survey. For revision in the Department of Labor's series on average weekly hours in all manufacturing industries, see note marked "'[" on p. S-13. The indexes of railway employees has been shifted to a 1935-39 base and the method of seasonal adjustment revised; earlier data not shown in the May 1943 Survey will be published later. *New series. Indexes beginning 1939 for retail food establishments and beginning 1940 for water transportation are shown on p. 31 of the June 1943 Survey. Data beginning 1939 for all series on average hours for the manufacturing and nonmanufaeturing industries shown above will be published in a later issue. S-12 SURVEY OF CURRENT BUSINESS Monthly statistics through December 1941, together with explanatory notes and references to the sources of the data, may be found in the 1942 Supplement to the Survey 1943 September November 1943 1942 August September October 1943 Novem- December ber January February March April May June July August EMPLOYMENT CONDITIONS AND WAGES—Continued LABOR CONDITIONS—Continued U. S. Employment Ser. placement activities: Nonagricultural placements! thousands^. 640 650 ,708 718 907 909 616 659 648 862 689 Unemployment compensation (Soc. Sec. Bd.): Continued claims _ thousands. _ 2,576 2,026 1,128 1,517 389 1,228 610 945 592 1,130 1,059 547 695 Benefit payments: Individuals receiving payments • - .do 222 543 75 423 310 182 193 227 209 119 89 100 131 91 Amount of payments thous. of dol__ 22, 395 16,895 4,433 11, 574 11, 558 12,183 1,382 10,882 5,554 5,191 10, 750 5,938 7,355 28, 252 Labor turn-over in manufacturing establishments:^ Accession rate__mo. rate per 100 employees.. 8.14 7.90 8.69 9.15 6.92 8.28 7.18 8.32 7.52 7.83 7.87 7.43 8.40 Separation rate, total do 7.09 7.06 8.10 7.11 7.91 6.37 8.12 7.04 7.69 6.57 7.56 7.07 7.54 Discharges do .42 .43 .44 .52 .45 .46 .50 .57 .55 .61 .53 Lay-offs... do .68 .65 .74 .87 .78 .70 .54 .52 .46 .45 .50 .50 .64 Quits do 5.19 4.45 4.21 4.31 4.65 4.65 5.36 3.71 6.24 5.61 4.81 5.20 5.41 Military! do 1.48 1.26 1.55 1.23 1.13 1.29 1.71 1.12 .69 .69 .87 Miscellaneous f do .31 .14 .25 .12 .33 .32 .21 .12 .07 .07 .09 PAY ROLLS Wage-earner pay rolls, all manufacturing; unadj. (U. S. Dept. of Labor)f_. 1939=100280.4 254. 8 261.8 270.9 290.9 328.3 313.5 287.9 304.5 ' 317.1 ' 315. 6 ' 322. 4 297.5 309.7 Durable goods do 342.0 382.8 352.4 366. 2 461.3 399.8 421.0 437.1 391.6 410.6 ' 441. 6 ' 439. 7 ' 448. 5 430.4 Iron and steel and their products...do 251.5 264.1 312.8 255.4 270.1 283.5 297.6 291.2 303.5 ' 304. 6 '299.6 308.1 278.7 301.7 Blast furnaces, steel works, and rolling mills 1939=100196.6 204.1 232.7 199.7 200.7 208.8 222.2 203.8 211.8 215.3 ' 223. 8 ' 223. 7 217.4 229.9 Electrical machinery , do 343.9 402.8 368. 6 427.4 382.7 458. 9 415. 5 453.7 441.6 463.9 ' 462. 8 ' 475. 3 454.7 487.7 Machinery, except electrical do 352.6 381.5 352.3 400.2 371.5 417.7 427.2 392.9 410.0 428.0 ' 420.1 "•423.9 422.3 435.2 Machinery a n d machine-shop products 1939=100-. 352.1 446.3 354.8 371.5 381. 9 402.1 413.4 421.5 ' 429.3 432.5 394.6 435.1 ' 425. 5 '429.9 Machine tools? do 520.5 510.4 545.3 455. 3 532. 8 562.1 554.5 559.1 547.2 470.2 557.7 526.3 491.2 555. 2 Automobiles do 218.0 225.2 261.4 338.7 235.1 324.2 255.1 277.9 282.2 283.9 297.1 305.8 314.3 286.7 Transportation equipment, except automobiles . 1939=100- 2,945. 8 1,920. 8 2,053. 3 2,116.3 2, 275. 9 2, 348. 0 2,406. 0 2,486. 5 2, 583. 3 2,692. 9 2, 736. 7 2, 768.0 2,790.6 2,811.3 Nonferrous metals and products do 292 2 336.8 268.5 273.3 282.7 322.0 303.2 305. 8 308.6 312.1 318.5 325.0 321.1 325.4 Lumber and timber basic products.do 197.7 199.1 192.2 188.7 196.1 198. 2 181.9 179.4 166.9 173.7 186.2 200.8 193.3 206.0 Sawmills do 162.1 164.1 158.4 152.8 160.4 144.4 143.5 163.0 130.9 138.7 151.4 163.8 156.2 169.0 Furniture and finished lumber products 1939=100-168.2 183. 2 159. 8 158.1 165.0 170.6 165.9 171.8 174.9 178.9 185. 5 178.6 181.1 177.9 Furniture do 154.1 164. 5 158. 2 176.7 154. 3 159.6 171.5 163. 9 165.6 169.5 179.2 174.2 171.8 171.5 Stone, clay, and glass products do 168. 4 179.2 178.9 188. 5 169.6 178.5 187.7 179.2 181. 9 189.6 184.4 192.3 181.2 185.3 Nondurable goods do 173.3 180.3 177.7 184.5 198.3 169.5 192.6 186.9 190.7 ' 194. 2 ' 199.1 ' 195. 4 186.4 191.7 Textile-mill products and other fiber manufactures 1939=100.. 175.4 172.0 166.3 166.8 179.6 182.4 173.2 173.0 180.8 181.1 181.2 180.7 ' 173. 0 ' 178.7 Cotton manufactures, except small wares .1939= 100.. 202.2 208.2 210.6 212?8 204.8 215.8 217.2 203.6 217. 4 217.1 216.0 211.3 217.7 207.0 Silk and rayon goods do 131.8 131.3 134.4 126.9 126. 5 130.8 132.2 135.4 133.5 133.6 135.3 ' 130.8 133.7 135.0 Woolen and worsted manufactures (except dyeing andfinishing). 1939=100.. 198.1 198.2 201.0 194.9 196.3 207.5 207.2 208.3 198.2 198.3 205.4 205.0 206.8 207.9 Apparel and other finished textile products 1939=100.151.4 163.4 147.4 152.7 157.0 177.5 155.9 164.3 164.1 167.5 155.8 154.0 174.8 161.7 Men's clothing do 153.8 146.4 142.5 144.7 148.4 168.5 149.6 162.8 159.2 153.8 145. 7 169.7 159.1 151.3 Women's clothing do 136.1 115.8 119.6 123.1 127.1 148.0 125. 0 131.0 137.2 124.0 143. 8 130.6 137.5 125.3 Leather and leather products do 143.1 145. 6 153. 4 146.3 149.2 158.1 158.9 153.0 157. 4 159. 5 155.9 150. 8 147.8 145.9 Boots and shoes do 131.1 134.9 137. 4 134.5 143.7 134.9 146.8 137.3 143.1 144/5 141.0 134.4 135.4 131.4 Food and kindred products do 185.1 173.2 160. 5 164. 4 151.3 155. 6 158.5 161.6 165. 4 150.3 167.4 150. 7 r 188. 2 ' 175. 9 Baking do 155.3 140.7 144.0 143.5 145.8 144. 3 147.8 138. 5 149.3 143. 4 151.6 141.5 153.4 152. 5 308.1 373.4 C anning and preserving do 162.8 225.9 98.9 115. 4 117.0 138.2 114.1 ' 137. 2 266.2 112.8 ' 322. 0 ' 200. 7 191.3 173.0 181. 3 Slaughtering and meat packing...do 176.8 180.4 202.9 190.5 213.6 170.4 ' 200.8 173.4 185.1 ' 201.6 ' 203. 9 155. 0 144.1 157. 4 Tobacco manufactures do 153. 7 143.3 147.8 144.4 159.6 146. 8 149.3 138. 5 144.3 153.5 ' 151.1 176.6 147.0 163.5 Paper and allied products do 158.9 173.1 167.6 178.0 168.5 175.5 180.9 171.3 147.1 181.9 176.3 168.4 148.5 161.1 158.9 165.6 162.3 170.3 Paper and pulp do 163.6 167.2 172. 9 164.8 149.7 175.2 168.8 "Printing, publishing, and allied industries 1939 = 100.122.4 128.9 110.2 111.2 116.3 121.8 121.6 122.3 128.8 123.0 126.4 121.7 126.5 127.0 Newspapers and periodicals* do 114.5 105.5 111.3 107.8 109.4 107.2 112.7 107.3 108.2 110.7 109.8 113.4 112.0 112.4 133.1 110.8 Printing, book and job* do 110.3 119.1 127.5 128.0 134.8 126.1 129.1 127.7 123.9 132.9 131.4 132.7 438.4 326. 4 338.5 351.4 391.2 ' 435. 8 Chemicals and allied products do 365. 3 425.2 423.6 383.4 400.9 409. 7 432.5 ' 435. 7 285. 5 221.6 222.1 230. 6 247.2 281.0 265. 4 C hemicals do 235. 8 261.8 240.8 250.0 255. 4 277.0 274.0 195. 0 156.4 160.5 160. 8 162.8 197.1 182.3 173.9 Products of petroleum and coal do 165. 4 165.1 164. 9 166. 8 ' 190.3 ' 187. 5 r 182.4 144. 3 145. 7 149.3 184.8 170.5 162.8 139. 9 151.5 Petroleum refining do 150. 9 179.9 154. 2 151. 3 175. 2 273. 4 189. 9 201.9 234.6 258.4 250.9 248.1 184.4 2:86 Rubber products do 213.3 256.1 246. 2 264.0 238.3 277.2 178.6 190. 0 226.6 253.8 243.9 240.2 172.9 219.7 253.3 Rubber tires and inner tubes do 205. 3 239.7 256.5 228.9 Manufacturing, unadj., by States and cities: State: 540.5 397.5 376.5 403.7 421.0 ' 539. 2 436.5 466.1 503.2 California* 1940=100-. 486.2 495.0 507.7 430.3 454.5 394.4 270.8 256.9 277.8 294.7 292.8 316.0 355.1 Delaware 1923-25=100.. 330.9 346.1 367.9 ' 383. 7 288.2 299.2 281.2 210.3 210.3 220.4 223. 7 233.6 249.5 266.3 Illinois 1935-39=100.. 255.7 259.8 267.4 233.1 244.8 273.3 310.0 330. 5 339.4 ' 322. 8 357.1 359.0 376. 4 Maryland 1929-31 = 100.. 395.0 391.4 376.4 384.6 335. 0 362.0 ' 385. 7 229.4 244. 5 248.0 285.7 235. 9 267. 3 271.8 282.1 Massachusettsf 1935-39=100. . 274.7 278.0 275.4 257. 4 265.9 280.7 243. 0 261.5 269.3 281.0 New Jersey§ 1923-25=100 . 255.4 276. 3 285.8 229.8 248.4 252. 8 264. 5 New York 1935-39=100.. 239.9 295.1 261.1 274.6 285.8 284.9 287.7 288.6 283.6 291.4 255. 3 275. 0 285.1 300.0 Ohio do.... 261.2 294.9 308.1 317.1 325.3 320.0 326.1 ' 328. 9 160.3 168. 2 172.4 176. 6 Pennsylvania 1923-25=100 195. 2 175.0 181.3 ' 162.0 ' 194.4 184.7 188.2 186. 5 ' 189. 4 190.9 216.5 228.7 236.5 244.6 Wisconsin 1925-27=100.. 259.4 244.1 252.6 ' 212. 8 256.8 259.8 263.6 260.1 259.0 265.2 City or industrial area: Baltimore 1929-31 = 100 . 386.9 310.2 320.6 336.2 329.4 350.9 355.6 370.2 333.1 354. 5 384.1 378.3 ' 377. 2 370. 8 Chicago 1935-39=100.206.7 209.0 223.0 218.4 232.8 278.1 244.7 258.2 231.9 249.1 254.6 264.4 263.9 270.0 Cleveland do 300.9 306.0 339. 0 325.8 355. 8 373.0 404.9 345. 2 389.2 394.4 402.8 ' 406.6 Los Aneeles* 1940=100 367.4 378.4 426. 3 402.5 454. 9 542.2 474.4 520.6 443. 2 488.6 512.0 523.4 523.0 ' 537. 0 Milwaukee 1925-27=100.. 242.9 271.3 261.1 278.9 301.7 292.3 296.4 r 245. 8 297.6 299.9 277.2 296.6 300.6 301.4 New Yorkf. 1935-39=100.. 184.3 200.7 198.4 208.0 242.8 220. 7 226.7 192.3 234.9 235. 5 2036 226.2 228.7 238.0 205.3 226.9 Philadelphia 1923-25=100.. 217.9 236. 6 261.5 243.7 253.8 248.0 251.9 230.8 ' 254.8 258.0 '212.6 ' 254. 5 168. 4 181.2 Pittsburgh do 177.0 189.0 223.4 197.6 211. 6 205. 5 207.1 186.3 215. 0 215.5 171.5 '221.8 434.7 516. 3 481.9 529.7 670.3 549.9 582.5 560.4 574.7 San Francisco* 1940=100.. 521.5 611.0 596.6 481.9 642.7 250.1 288.9 271.3 295. 7 395.1 301.4 352.6 320.1 335.8 Wilmington 1923-25=100 . 288.0 375.8 362.3 ' 260. 8 ' 383.9 f Revised. §Index is being revised. JSee note marked " t " on p. S-10. 1 Military separations formerly included in "Miscellaneous." • Weekly average of number receiving benefits, based on an average of the weeks of unemployment compensated during weeks ended within the month. cfRates beginning January 1943 refer to all employees rather than to wage earners only and are therefore not strictly comparable with earlier data. tRevised series. The series on placements by the U. S. Employment Service has been revised beginning in the Ausrust 1943 Survey to exclude agricultural placements which are now made only in cooperation with the Department of Agriculture extension service; comparable earlier data are available on request; the series on applications formerly shown in the Survey have been dropped, as placements are now made, in many instances, without filing formal applications. Indexes of wage-earner pay rolls (or weekly wages) in manufacturing industries have been completely revised; see note marked "f" on p. S-9. Earlier data for the revised pay-roll index for New York City not shown in the July 1942 Survey and subsequent issues, and for the Massachusetts index, shown on a revised basis beginning in the May 1943 Survey, will be published later. *New series. Data beginning 1939 for the indexes of pay rolls for the newspapers and periodicals and printing, book and job, industries and beginning 1935 for the indexes of pay rolls for California and the Los Angeles and San Francisco Bay industrial areas will be shown in a later issue. S-13 SURVEY OF CURRENT BUSINESS November 1943 Monthly statistics through December 1941, together with explanatory notes and references to the sources of the data, may be found in the 1942 Supplement to the Survey 1943 1942 September 1943 ! Octo• ! ber Novem- J Decem- j Januber ber ary February March j April j May June July August EMPLOYMENT CONDITIONS AND WAGES -Continued PAY ROLLS—Continued Nonmanufacturing, unadjusted (IT. S. Dept. of 'Labor): I Minim-t ! Antlnacite . 1939 = 100.. Bituminous coal . . . do . . Metalliferous do ... '. Quarryini> and nonmetallic . . do ' Crude petroleum and natural gast ._ d o . . . ' . [ Public utilities: \ i Klectric li'jht and power .do... . Street raiiw ays mid busses . ..__ do Telephone and telegraph.. _ _ . do. . ' . •services:* J Dyeing and cleaningdo Power laundries _ _. do . Year-round hotels ., . . . do _ TsadeUetaii. totalt . do . • Food* ... do . General merchandising*. do. Wholesale* ._ do W i'cr transportation* do 125. r> 177.7 107.5 172 5 101.3 101. 5 183.7 178. 6 10' 103. Mil)! 6 151.0 100. 8 ! 103.9 137. 1 • 131.3 IMS. 9 110. 7 HI 9 , 109.4 ; 145. 7 I 131, 1 153.5 113. 2 127 1 . ! 117.1 142 7 12s. o ; 121,0 : 12S, 5 ' 12.*. 4 179.0 12:5. 0 170. 1 108 0 175.2 102.3 i 128. 1 17."). 3 103.0 175.4 100.4 112.3 131.0 133.2 112.0 131 7 • 130.5 110.7 14"). 1 117. 1 111. 1 121.3 ' 1 10. .") 119 0 ' 170.] 105 1 99.3 ! 127. 1 r 142. 9 I 170.4 r 172. 0 ! 170.2 109.5 | 100.3 117.4 j 111.9 j | | 100.4 'i 152.0 | 139.4 i 100. 5 153. 8 143. 8 142.9 144.0 ! 131.8 | 142.8 | 147.0 | 129.8 j 143. 8 145. 4 130. 0 150.3 145.2 130.4 170.2 ! 150.7 ! 132. 1 | 177.8 153. 8 134. 5 182.5 ! 154.0 I ' 137. 4 | 131.5 S 127.7 ! K1.7 | 121.0 ! 225.0 ' 115.3 I 114.9 120. 4 120. 2 124.3 257. 8 115.7 125.3 128.0 124.0 271. 9 119.0 120.4 133.0 125. 1 288.0 117. 1 125.8 ' 129. 7 124.3 307, 7 13. 41. 47 15. 14 30 41.75 17. 79 40 47 15 12 Is. 17 40. 57 11. 40 51.09 47.24 11 93 51.59 17. 95 45. 17 52. 14 19. s i 50. 09 ' 11 M, ' 51.22 " 55. 71 50 hi* ' 15. 09 55.02 41 37. 11 12 12. 10 3*. s9 15 31 | 43 45 | 42.50 , 42.9s 39.78 ! 10.27 10 2 s 40 27 ' 41.20 ' 41 07 41 99 12 32 4s. 20 43.21 13. 93 43. 73 49 31 , 45. 27 4 4.21 19 04 11 11 K 30 52 32 ; 52 97 \ 53 i s 13 73 51 51 i i ; ! r 148.9 203. 8 109.7 175,3 120.1 111.9 162.7 149. 1 170.6 152. 4 139. 7 104.3 147.3 140. 7 119.9 131.0 131. 4 127. 1 345. 3 121. 1 130. 2 133. 3 126.5 320. 7 125. 7 ! 129. 1 i 122.3 ! 231.4 ' r r 133.1 190.0 104. 3 109. 4 120. 3 110.5 150. 1 148.2 107.7 i ' 150. 0 145.0 !•'). s7 37. 3 s 43 s i 11 50 115. •* i 125 S ' 225. 0 I i i | 105. 8 150.7 130. 7 12s 135. 123 203 1 4 0 ; 3 , 150.2 189.9 107.5 102.8 109.0 107. 6 147.3 | 137.0 j 111.9 i 111. 4 j 120. 8 | 120. 0 , 110 8 ; 125.2 120.0 119. S ls9 5 172 0 us. 4 i 152.7 202.1 105. 5 150. 2 107. 0 154.9 i 190.2 | 100.3 150. 3 106.9 i 100.7 150. 6 137. 5 12S. 4 119.7 131.2 127. 8 129.5 303. 2 WAGES F letory werage weekly earnings. N.itL Ind. Con. Bd, (25 indush ies> dollais I. S. Dept. ot Labor, all nifut do Duiable goodst.. _ do lion and steel and their prod T do Blast lurnaces steel w 01 ks. and rolling mills* . _ dollars Electrical m a c h i n e r y ! . . do Machinei y, except electrical* do Machinery and machine-'hop products*. _*.___ _. dollais Miu'liinc tools do_ \utomobi!'\sT . do I'lansporatiou equipment, except aulomobihsi dollais Airctalt and parts (excluding engines) doll-us Shipbuilding and boat building do VonlVnous metals and [)ioductst do Lumber and timber ba icptod * do ' Sawmills^.. . do. Fui nit ure and finished lumber piodueisi dollars Finn<fure . do Stone, clay, and alas* productst. do N'onduiable i>oods+_ . do _ Textile-mill p'oducts and other fiber manulacturest . dollars Cotton manula f 'UPes, except small waiesf _ . . . doll,us Mlk 'md rayon goodsf do \\ oolcn and worsted manufactures texe . d\eing and finishum)* dollais Vpparel and other finish* d textile product.-+ .dollais Men's cl'jthinct . . <lo \\ omen's elothin<>* do I.eathci andleathet products* do BooN and shoes' . do Food and kindred productsf . . do _ Baking _ _ do . j Cannirm and prcsen ing* do Slauiihler ing and meat packing- do Tobacco manufactures* _ . do Paper and allied products*.. -- do ] Papei <md pub 1 do Printing, publishing, and allied industii^sf . . . . . dollars Newspapers and periodicals* do Printing, book and job* do Chemicals and allied p r o d u c t s do Chemicals _ do Products of petroleum and coal* do Petro]<>um refining . . do Rubber pioducist . .. . do Kubbei twes and i n n c tubes do r'lelorj axeraue hourlx c u r i n g - \ a t l ! Ind. Con. Bd. (25 indus'iif O do . _ ' r . s Dept. of Labor, all mlu.* . do . 1 Hn t»ble food.-i do Iron and'-teel and theii rroddcts* do JUnsl f n i n a u s steel woiks, a n d ioilin- niillsi . . . doll us 79 si) | 45 ; 11 13 0 1 17 7 ! 17 01 , 52 12 53. 17 40.24 ' 2s.:;() 27 33 51 22 40. r^ 5s 00 12. 10 27. 00 53.31 . I 15 75 ' 57 54 ' 13 l.J , 29 52 , 2S. 09 ; 51 »i.-> 40 02 40 0 s 40 Mi 4t. 70 53. so i 51. 2r> •,.,75 j 31 32. 31 33. 32. 32. 35. 33. 32. 33. 30. 3 4. 20. 73 20 93 , 22.37 23. 02 23 12 23 39 21 09 25. 31 23 02 25 40 i 23. 95 25. ss 31. 43 3IJ 10 31. 13 , 31 :>•>> 32 t,2 22 95 21. 70 ' 2-'> 38 i 20 23 , 2J.SU ' 29 05 ! 31 09 23 14 ; 3_>. in 23 12 31. 19 ,M. IS 22. 51 21. i s ' 21 93 29. M) 31.72 21 s s , 32 02 23 0 1 31.2'> 31 10 21. 17 25. 50 2S. 17 ; 27. 5s 20 03 i 30. 97 31.90 25 31 31 02 21. 32 ' 33 10 3«". 59 23 97 21 00 27 18 i 27. 79 25. 97 31 8 1 32 32 25. 53 3 1 r>2 24 27 25. 70 27.00 ' 2b. 9S 27 37 33. 11 33 10 21 94 3s if) 31.01 37. i s ( 31.02 37 s.i 30 CO 11.34 33. 43 37 70 ' 41.73 11. 0.J U 5s 3i) 17 10 Id 30. 07 41. sf, 31 07 37 t.2 41 70 42 ('S 15. !9 3'.) 3i 45. si) c 51 12 29 3s. 12 3n. .is 39. 40 43 30 37 00 31). 25 41 Vi r. 05 15 ! 'l .010 . l»57 . s')2 951 19. 78 •" 59. S3 r 47. 12 " 32. 90 • 32 Ot) 30 50 31.00 i 34. 30 32 47 32 0 8 1 0 is « 50. 00 • 30. 11 3L 10 2f». 17 .Y> ss IS 10 • 45.01 is. s0 11. IS ,U. so 49. 93 ,)90 . 979 50. 29 29.34 30 35 25 s i • \'\ 3S 13 SO 1»>. 5t> 10. Ji» 51 18 I 49 00 59. 50 i 40 85 ' 30 82 i 900 . 91'5 1.(105 . 970 ,M07 1 (Mil 7!) 74 15 , 10 10 , ' 40. 1 4 25 i 42.70 , 33 . ' 18. 70 ' 84 | « 47. 14 • 51. 10 j 51.21 ' 55. 29 ' ' 51.23 57 00 ' 57 10 17.29 ; 5S 10 40 13 | 29. OS : 2s 31 00 » 11 40 ' 43 49 f 47 49.(52 ' ' 50 01 49 12 f 41. SO 15 04 ! 45. 59 <• 5 1 . 0 8 52 4s | ' 5 2 . 3 1 17.12 ' 57. 10 i 45 20 28.79 ! 27. 43 30 00 I 35. 32 92 OS 25 01 1> 94 » 57 24 45 .51 27. 10 2"\ 3s , 21.9s 2s 00 31 10 51 13 f ?.:> 5 0 45. 43. 49 47 17. OS 18. ()i) 14 99 2^ Dl 2«i. 10 10 3 3 . ~).\ 31 2 1 ; 28. 9.') .11 .V2 , 20. 30 02 48 (17 OS I 19.07 • ' HO. 04 47. 70 32 2S 31 49 29 30 31. 32 29 33 ! 85 12 12 75 39 22 sO OS • 13 i 80 57 58 74 14 Mi 07 27. 3 \ 27. 30 27. 54 24 1') 20.07 21,30 20. 20 21.51 20 h7 21 7s 27.05 33. 15 33. 39 33.50 25.71 27. 79 31 10 28. 91 27. 15 3i 08 . 33. 55 2*',. 79 ! 31.91 I 23. 22 31. 71 37. 93 27.10 29 03 ! 33 (35 29. 19 28.07 • 33. 72 31.20 '20 12 | 30. Oi 21.21 ' 35 11 3s 11 27. 41 29 31 33.31 ' 20. 09 2«. 15 34. 12 31.42 27. 23 30.40 24.80 35 79 3s. s7 20.01 ' 20. ii.t 2S. 93 '28.01 i '31.53 31.45 29.95 ' 29. .si 2S, 21 27. 90 35. 55 3r,. 01 35.40 , 35.70 i 27.45 ' 20. 95 ' ' 11.75 41.09 20. 15 25. 29 30 21 30. 17 39 s3 39 5S 3s. 7 s 12 12 <7 19 39 13 It i 15 41 12 is 3s 13 11 50. ."H 3 s to 12 71 3h 31 39. 09 10 23 10,30 49. (is 13 57 50. 95 'S9. 0s 13. 12 30.71 40 14 17. 15 4(1. 18 49.30 ' 11.7! 52. 0s 39 32 43. 7) 3t). s[ 11 00 l<s. 10 IS 33 7'2 5 ( 39. S2 11 29 37. 03 11.51 4S 53 49. 93 53. 12 15 03 5 i. 1". 99s 911 ] 010 1 019 1.009 . 953 1 050 1, 020 1 Km 1 120 97:) .'.'19 1 017 I 101 .H31 1.030 1 00s1 1 091 .10 59 52 19 57. 41 r 50. 10 55 93 ' 4s. S2 r r 33. 97 32 82 ' 10.31 51.59 45. 73 51. S7 50 21 ' ~i2. 02 17. IS oo. r^ 40.8 4 r 3 1 59 •"30.51 ' 32. is 33. 05 33. 05 33 08 r 30 38 ' T .',:> 19 r 34. 29 r 33. S9 , r 27 50 ' 27. 09 ' :> 1.33 ' 2 1 . 1 ! r 2<>. 99 20.43 21 oO , 20. 10 2 V . 75 29 00 27 'W 3-! 22 3 *. 35 20 14 30 Oti i 21.27 31 21 37 V.) 40.21 43 43 49.01 4S. 43 19. 01 47. 33. 33. 20 02 14 70 05 33 45 3 1. 29 37. 11 3 4.39 27 10 ?4.03 20. 97 33 3 1 r r 31. 08 20. 05 27. 51) 31. 10 29 13 27. 37 2S 2S 33. 76 30 OS 2S. 59 35. 10 30 01 2". 85 41. 14 27.01 30. r.t> 10.41 35. 52 20.45 ! 12.07 ! T 39 01 - 10 (N 15. s2 37 27 12.01 r 11) 15 ' 51 11 ' 51, 75 r I I Ml 52. 18 10 7S 15 t.l) 37. 71 12. 32 49.91 52 12 7^. 83 11. 70 51.51 ' 1.031 » 1 020 • . Oi',3 r 1.000 ' 1.030 1. 021 9f.5 LOW) 1 037 * 1,122 ' 1.1 iO 41 M) 3s. 12 r 42.01 49 23 r 5 ). 05 51 {):> 17. 10 51 0 0 1 010 . <)59 1.051 ' lv\>\ i-vd. §Rc\ ision- in 1912 im;nthl;> a\< nvso< shown in the April 1913 S u r v e \ : \ \ cekh cat n i n e s $25.5s hourly < nniintis ^0.035 t K e \ i <'d ^-eiie.s. For ie\ised diua be»inn'iim 1939 for the mde\cs oi p-\> roiK in nonmanufaftuiing industries, M'i p. 31 of the June 1913 Survey. T h e Department of 1Labor's ii"? h a \ e been revised and (litter horn those published prior to the March 19*3 Sur\oy owini to the set ies on Ih.uilx earnings and houi.s p(-r week fp. S-ll) in manulactinine in> ii:!'lu>ioii oi additional data for industries not heielofon* coven-d a n d e \ t e n s i v rortcctions, on the ba-is of C i s u s -ind Social Security d a t a , in t h e e m p l o y m e n t estimates of t h e B u r e a u o r which are used lor weightinr purposes. Tin si>ri > of aveiago weekl\ ea i gs for all manuf H'turing, <li rable yoods, n o n d u r a b l e goods, a n d t h e i n d u s t r y g r o u p averages are n o w coinimted by takintr the product of th(^ a\eraues of hourly earnings and horn woiked pe» week. The, indu s t r \ cla^-ilicario'is liaxe been revised for all serie>'to agiee w ith definitions i :i Manu'il: tln-io WITC no char .gcs, liowever, ki th« d a t a for t h e industries which do not c a n \ a reference M! the 1939 Census of Manulactures and the Standard Industrial C l i f i 1 1role Data for \ e a i s piior to 1912 for all series will be published in o subsequent issue; fiaures foi t h e e u ly m o n t h s of 1942 are in t h e \la ch 1913 Sm \ e y . 1 on p. 31 of *he Iun«- 191.) ->u:-ve\. F a t Her d a t a for \ Jd b i 3 f 9 fd f r iie s . J n d e x t - . b c u i n n i n u U'39 fo i e i . r . ll food e s t a bl i s h m e n t s a nd b e ' i n n i n g 1940 f o r w a ff r t r a t b li l d b e t e k h e-»'ii;nu-> m t l K M ' c u s p a j . e r s n u \p i i i o - u c i N ' i n d p i i n l i n e , 1 / o k i n d j o b i n d u - l i i e s w m b>> i m b l i V u - i h - t S -14 SURVEY OF CURRENT BUSINESS Monthly statistics through December 1941, together with explanatory notes j 1943 and references to the sources of the j— data, may he found in the 1942 Sup- j Sepplement to the Survey j tcmber November 1943 1943 August Sep- I tember I Novera- \ Deceni- j January October Feh r liar v May March ! April June July I Angus EMPLOYMENT CONDITIONS AND WAGES—Continued WAG ES— G ontinued Factors o\cr ige lio.nl> L inuncs ('oni'mii <\ U. S. 1)( pt. ot L iboi, all mle CoiJ mued. Durabl > <>oods- Continued. Elf ctric ll machmei j t dollars AL.tlnp J i \ , except electucal T do Machinery and nru iiine-shor« pioducts f doll irs Machine tools do Automobiles f . _ do 'i ran^pf it'lKori equipment, c \( * pf uKo New l o r k . '.'..' . 1<V> 3Q = ioO P e n n s \ K una 1M2-5-25- 100 Wisconsin . 1025 27-100 Nonm mufacluripg industries, a\cra'-e hourlv earri'Pjrs (^ S. Dept. of Labor).* Building construction dollar* Mining: : Anthracite . do !_ Bituminous coal do L Metalliferous do . Quarrying and nonmetallic do Crude petroleum and natural gas do ;„ Public utilities: ; Electric light and power do ;_ Street railways and busses „ do j. Telephone and telegraph do i_ Services: F) ye ing and cleaning,.. do.... Power laundries do Trade: Retail . . do.,.. W holesale do j. Miscellaneous wage data: ; Construction wrage rates (E. N. R.):f Common labor dol. per h r . . ' Skilled labor do Farm wages without board (quarterly) 1 \ dol. per m o n t h . . : . Railway wages (avg., class I) dol. per hr ...••_ 0. '•' 19 . 9V I 0. 930 .997 i . 963 L10!* . 979 . <'90 1. IV, .99s 1.172 1. 124 Aircraft md paits (t \( lmLnj; en "in -> > d,11 irs bhipbuildingandbf ltbuildiiu do Xonlenousmetal- m d p i o d u u s t do Lumbei and timber 1 asic p r o d u d s T do'l irs Saw milK 5 > . do F u m i t u i e and finished l u n d i r products t . . . . doilirs Furmlurc do Stone, d a \ , and irlass ]>roducts + do Nondural le iroods+ _ (io 'le\tile-mill pioducts ind cither fib-1 manufu lures t dollars Cotton inanul u f u n s , e\C( pt MI> n wan b + <loll irs Mlk and r i\on goods + do Woolen and w orsted niannfaot un M( \<. dveiiiL, ind firiislunt: T dollu-. A p p a r d and {ther finished UViU products t d»lluMen's clothing +. . do Worm n's eloth'ner +. _ d< . Leat in r and leat her products 7 do "Hoots and sho< ^ do Food ind k i n d n d products T . do Hakum do Canning and pies(i\nm t do MTU ditt i mg and nu at p ickinsr do r l obacco manuf U'lures 1 do Papei and alia d ptoducts T - do „ Paper and pulp do PnrUniL', publishing, and allied mdu11 u s t ._ dollars New spapv rs md pt nodicaK * do Printing, book md job ' do Chenne d- and alLed pioducts T do ChemiciK do Product - of pi troli inn and co d \ do 1 (trol* um refining ... do Rubh< r p r o d u d s + . do Rubin r Lin ^ and inner t u b e do Factory a\eraae weekly earnings, bv -staler: California* . . . . 1940 = 100 Delaware _ . 1923 2" = iO() Illinois . . l<H5-39-lOO Massichusoftst . . . . . . 19:55 >>9-]oo 0.012 . 977 ]. 161 . 998. . 933 1.011 1. 24.7 .950 . 677 . 003 . f)S2 . 071 . 730 . f>75 . 700 , 799 .748 .812 i .751 ! . 6s1;, . 705 .Md . 756 .010 . 634 .639 ; .642 .652 i ,549 . 590 . 575 .611 . 576 .615 .610 .619 j . 582 .089 .783 . 7S9 .789 ! .774 . 63 t . 04." .701 . 6s8 . 6 "7 . 71s'.611 .S07 . P49 1. 135 . S5" . 733 .012 .si:-; , 960 1. 14«« . ^54 1. no . 933 1 105 isl 14;, 2 i:-o •» . n-'j l lsJ.7 157.0 I."." s 1 If..". ,915 • 1 . ; 11 It ! { r l."l .I 1 •-!.:? 172 9 190 1 100. :< if,i.<> ' 1 ~>3 4 ((.913 Lull 0 '.I.VL • 1.022 1 O08 j - 1 088 r 1.222 ! 1 013 1 19s 1.080 1 nil 1 H.2 0.954 1.038 0.965 ; 1.050 0. 961 1.047 1.021 ; r * 1.055 '' 1.217 i 1.028 1.065 1. 215 1 02') 1 2 lu ' 9J0 ' 1 052 1 2 lh I 001 r 1.211 1.20S i . 956 j . 694 .684 1.2M . 95;* 1.002 i,22n 1. 010 1.210 , 9s," '. 702 . 717 . 70s . 0s'-{ .711 .710 .061 .821 . 602 .649 .707 . 73 i .71'i . 0S3 . S23 . 61 1 .Mi* . 7<>s : ; 1. 1 25 .980 1.155 .895 .878 1.032 1.092 1.176 .966 1.130 157.4 156 7 176.2 191.5 163.3 Kin 9 162 0 109. 8 150.4 159..S 176. 7 19S. S 101.7 160.7 H',4.9 168.4 ' 153.6 ! 163.3 ! 180 2 202.2 ; 167.6 i 171,6 ' 168.2 * .973 1 1 lh i . SS'l : 1 OS] l.K'O .917 1.115 1 •».-}. 7 970 1. 153 . 8S0 . 807 1.027 1.003 1.171 i ; I i i ! ! ! ' 1.189 I ' 1. 195 1 200 ! 721 . 694 .681 .830 .613 . sJ .S2s .973 1.151 : .894 T 1.016 r , 745 . 765 \ 849 r . 805 . 750 . 771 . 853 .811 .661 .M- '.661 '' . 5sO .011 . 5'.'0 r . 613 .m .809 .813 . 706 ,728 ,588 .637 .591 .012 . SOI .S(>1 .700 .738 .834 . 729 .702 . 777 . 775 . 681 . 836 .613 .782 .838 . 704 . 743 .837 . 739 .709 .788 . 787 .706 .848 . 620 .790 .842 . 093 '.699 • . 7 Hi . SOS ' .747 .717 .797 ' 745 . \ 822 *. 719 . 71^ .S02 . 801 (>96 ' ^77 .615 . 79^ .851 .982 1.156 : . 896 .892 1.047 1.091 1. 161 .992 1.159 .988 1.168 . 898 901 1.053 1.111 1.183 .998 1.162 . 99S ' L0O0 1. is? 1. 177 , . 920 .912 ' r . 922 .909 1.055 l. (lot 1. 122 , 1. 12s 1. 202 1 . 1'i'i 1.021 1.00" l.ls; 1.167 793 . 697 .871 ! .('.29 ! .791 , 815 ' .744 . 732 . 738 . 724 .741 1 , 761 ! . 81 > ' .844 ! . 79o ,803 | . 799 .655 .714 i « 1. 2 6 4 • '.729 i .60t , 1. 070 1 278 1 018 1.073 ». 741 \ " .586 . 630 - 587 .648 r . 7 If. r . MU '.711'. .714 . soo .sol . (\9r^ . Ss() " 051 ' s" .l r 997 1 1U3 . 9(')3 . 92s r 1.07'i '1. 13',' '1 21 i 1. 040 1.105 1.182 . 971 1. 139 1 041 1 092 1 Io2 077 i. 135 169.9 , 157.6 163.2 i 184.9 204.2 • 109. 6 172.3 16S. 6 172 1 . 1 ")7. 9 lhs 0 174.4 : 164.6 170.1 187.0 179.7 168. 0 173.5 189.2 1S8. II 172.2 175 0 190.!! 172.7 170 s i 192 9 173 1 175 1 172 0 177.9 177.6 174.7 179. 9 180. 1 177.1 170.~0 1S2 ^ 17', s ISO 5 1S3 2 17s \ 1. 240 1.242 1.235 \ 210 1.280 1.000 1.119 .949 . 766 1.068 j 1.060 | 1.128 ; . 962 ! . 776 1, 069 1.037 1. 120 . 9sl . 7s" 1. 100 i .0 18 1 .121 1.00; 1 150 1.020 ' .857 .845 1.034 .870 . 850 1.05! N76 . S.vt ". 880 .750 . 723 . 805 .802 . 746 . 882 . 658 , 804 . 859 1. 002 1. 201 . 905 , 9*?A 1.071 1. 137 1. 208 1. 0 1 ' 1. 1 64 ' 1 281 1.064 1. 113 . 947 . 755 1.071 1.201 1.198 I 1.209 1.230 .986 ]. 065 . 906 . 738 1.037 .984 i 1.070 .913 ; . 744 ! 1,039 . 993 1.073 . 926 1.003 1.085 . 931 .757 1.057 1.007 1. 0S5 .941 993 . 829 .819 1.005 , 836 . 829 1,004 ! .840 ; 1.027 .M7 1.023 . 856 .835 1.026 .8.50 .842 1.08- . 580 .487 . 588 . 496 .601 . 60s .510 . 001 . 513 .615 .519 .61s .517 .833 1 043 1 056 1 219 .7U 752 o't . 992 1.001 . 909 727 1*020 [ 1.045 1.040 i 1. 069 ; ' 1.064 1.286 ; 1.243 r . 72i» .773 .733 • .719 .691 .701 1 .758 i . 676 ,839 .613 ; .771 .829 ! 0 975 1 063 . 7C 70i» 720 ,810 0.970 : '0.071 ' 1.062 1.059 r 1 «Ki 1.070 1 255 r 1. 2 5 5 i 1 014 ' ' 1 . 0 1 1 | 71" f.99 . 057 . 070 , 70S i 1. 1*2 1 01'* 1 22 i 1.037 1. 007 1.231 : LIS" • 1. 151 Looi Lii.'i 0. 942 1.033 r *1.0!M 1. 1S1 Is2 7 . 9s 2 ysl 1 .09.) 1 08s . cS7'J . bo~ 1 so. 5 7f> 7 175 1 I'.-O. I. 179 e ' 1 74.2 177. 9 195. C 177. s isl. 1 178 s .... *}'s r 1 176. 6 r1 r ss! o . 7M 1.117 !. 073 1. 147 .980 . 800 .1.110 I.O60 '.SSI .S"5 1.077 .888 . 861 ( .619 .523 ; .650 ! .536 ! . 618 . 545 .649 ! .544 j .644 ! .549 . 663 . 934 .669 ' .926 : .675 .933 .863 1.61 .863 1.61 : . 863 1.62 . 809 1.62 76. 00 .843 '""845 . 649 .552 .502 : ,619 .870 .869 1.62 . 625 .627 ! .879 .631 . 893 .614 .884 . 645 . 903 .650 ! .909 I ,657 ,923 .823 1. 59 . 823 1.59 .826 1.59 .832 1.60 .832 1.60 . 832 1.61 .842 1.61 ,858 : 1.61 : r 59. 26 .832 . 850 67.21 62. 43 . 864 .842 .843 .850 r l Revised. Farm wages as of June 1 (data now collected for selected months between quarterly reports). t Data are not strictly comparable with figures prior to July 1942 published in the Survey, because of a change in the reporting sample. § See note marked " § " on p. S-13. d1 Index is being revised. 1 Rates as of Oct. 1: Construction-common labor, $0,869; skilled labor, $1.62. Farm wages—$7.5.44. t Revised series. " ' ' " •' '• - - - - - • -- - • The inc" .828 .839 . .845 l 1 7 1.84 . 848 .839 : ,678 , 944 manufacturing industries will be published later. Data for building construction, the" mining Industries, dyeing and cleaning plants, and power laundries relate to wage earners only; for crude petroleum and natural gas, the clerical field force is included; for the public utilities, all employees except corporation officers and executives are included; and for the trade groups, all employees except corporation officers, executives, and other employees whose duties are mainly supervisory. Data beginning 1935 for the index of factory average weekly earnings in California will be shown in a subsequent issue. S-15 SURVEY OF CURRENT BUSINESS November 1943 Monthly statistics through Dt-cpinl cr , 1911, together with explanatory notes I antl references to the sources of the — . data, may be found in the 1912 Supplenient to the Survey {i 1912 ep- 1943 j Octr- Fehru- I March ! April N o \ < ii bci [ May July June August EMPLOYMENT CONDITIONS AND WAGES—Continued PAY ROLLS—Continued i Miscellaneous wage data.—Con. Road-building wages, common labor: ! United States iverage dol. per hour..; 0.76 E a s t N rth Central do | .95 E ist-5outh Central do j .58 Middle Atlantic do .... j . 91 Mountain ..do ; ,80 New England do. j .97 Pacific._ _ _..do ! 1.10 South Atlantic. ...do ! . 59 West North Central ....do j .80 West South Central do ! .58 PUBLIC ASSISTANCE j Total public assistance and earnings of persons 1 employed under Federal work programs^ j mil. of dol..! *• 78 Old-age assistance, and aid to dependent j children and the blind, total__mil. of d o L . Old-age assistance do.... General relief do j 09 50 v g ) US . 77 . if, .( 4 0 ».v . >.> . Is .72 ( . l.1' . 7o l.oi . 5" . 72 1 0s . 5'' . ('6 11 47 104 110 05 i 50 j 13 05 . 50 i 13 ! (l, (L 07 47 ; 7 l - . . sw ! .91 0.02 ' . sr • . 47 81 | . 49 . 71! . 52 . .si V - . 8u • 1.0M . :\ ii't \-_> : 49 101 i 66 52 12 . 52 !>', 1.*. . 77 ,4b 0 «»1 .87 r. 03 } (>> 101 66 ! 51 ' 13 i ". '• j •• . S.S, . Is ilt'i . s3 1. (^2 . 52 0. 64 .90 : . 57 ! .88 .90 ! 1.04 ! .54 : 0.08 .88 .58 .95 .85 1.05 0.71 i .91 .57 ! .91 | .83 1 1.09 | .59 ! . 75 1 0. 73 : . 90 . 51 ! .95 . 80 i 1.05 ! . 59 .78 , . 55 ; 0. 74 .94 . 55 .93 , 87 .87 !.0C . til 96 67 i 52 ! 12 1 07 52 1 1 . 52 . 75 : .49 71 . 50 5 6 52 1 io ! 67 52 11 .74 i , 52 07 : 53 : 11 ! . 57 . 79 . 57 1 07 i 53 : 10 67 • 53 ; 9 09 ' 55 9 .79 . 55 09 5 ( FINANCE .Agricultural loans outstanding of agencies supervised b y t h e Farm Credit Adm.; Total, excl. joint-stock land bks-.mil of dol Farm mortgage loans, t o t a l . . . do _ Federal land hanks _.d«« Land B a n k Commissioner.. . . . . d o . . Loans to cooperatives, t o t a l . . _ . do Banks fur cooperatives, including cent ral b a n k , . . . . ._ . mil. of dol . Agr. M k t g . Act revolving fund. ..do . Short term credit, t o t i l . _ . . do Federal intermediate credit banks, loans to and discounts for: F a r m Credit Administration agencies/ 1 . mil. oi dol Other finaucing institutions _. do Production credit associations do Regional agr. credit corporations . d > . . Emergency crop loans . . _ do do Drought relief l o a n s . - - . Joint-stock land banks, in liquidation do do Bank debits, total (141 centers)! do New York C i t y . . Outride Now York City F e d . Reserve banks, condition, end of mo.: ' A ^ f t s , total . . . . . . mil. of dol Res. bank ciedit outstanding, total do BilN u n c o u n t e d . . ._ . do United s t a t e s >eeuiilies. _do Reserves, total . . . _do . . Cold certificates. . . . . . do . . Liabilities, rotnl. _ do _.t Deposits, total . . .. .do . ' M e m b e r bank r e s e n e balances, d o . Evcess ic^erves (estimated/ . . do Fed. Reserve notes in circulation. d > . < "Reserve nitio. . .percent F e d . Reserve repoiting member b a n l o , condition, Wednesday nearest end of m o n t h : Demand, adjusted-. _ . mil. of dol D e m a n d , except interbank: Individuals, partnerships, and corpomtions . . .. mil. <jf dol States and political subdivisions do United States ( J O \ e m i n e n t do. . Time, except intei bank, total . do . . Individuals, partnerships, and corporations ._ . mil. of dol . States and political subdivisions . d o I n t e r b a n k , domestic . . - . . . _<lo I n v e s t m e n t s , total . _ do . V'.ti.G o \ 't direct obligations, total do . Bills . „. . ..do 2,818 j l]679 1 553 ! 117 j 104 12 ' 409 ; 2,770 2,207 ! 1,003 • 544 ; 12r. 112 12 443 130 121 40 OS, 305 27.913 4o, 152 4'i. OK) ' 49,910 is. 321 , 19,919 2\ 2s6 . 29. 990 31.351 9, 3s 4 25, 298 3, 505 , 12 3, 420 20.803 20, 575 : 13 I : 2 \\i 43 , MM 9 20. 3 H 20,011 31.351 11. 2()() 11, SO 4 i,0s4 !.">, 266 69 O 2,733 i 2,179 ! 1,645 ! 534 ; 145 ! 409 : 39 202 11s 45 J 21 5!, 95 4 19, S23 32, 131 26. 9:»3 4,959 1! 4, 007 20 S13 20, 569 26 953 11.313 12.735 2. 6 i I 3 1,220 2, 696 2, 148 1,625 523 155 i I i ! j 140 13 392 Hu) 5 111 1", 4s. 001 2, 659 2,115 1.603 512 159 i : j j ; 145 i 13 384 ' 27.* 39 185 \ 113 44 21 O1.U7 4 3b. 077 10, 157 86 3 3, 567 20,SOS 20,576 25 751 13,660 11,592 1,090 10, 65S1 85. 6 30, t 27,217 27,424 | 28,639 j 28,852 ', 28,257 30. 903 1.670, Jl.M.* 5, 915 26, 818 1. 806 1,511 5, 158 27,344 1,909 i 2,018 ! 5, 285 28.315 1,917 2, 696 5, 215 5. 770 T'-i, 952 12, 33S 2, 143 5,019 IIS 115 S, bO5 39, I'M 3 1 . .'-s.it 4, 3fiO *>, 31 iS 16, 659 4,947 8,081 24, 075 18, 493 2, 245 2,267 11,228 2, 753 81 5 2\ 73,3 1.867 3. 092 0. 22S 5, 102 5,038 1 5, 087 121 i 102 , 1(10 8. 808 9. 45 4 8,527 | 2S 092 25,593 1 27, 229 22.87 4 19,948 ! 2LS79 3. 570 2,337 ! 2.S11 2,9i;> 3, 029 I 3. 429 11.631 11,257 ! 11,725 4.241 3,325 i 4, 398 132 12 ' 382 113 44 20 52, 160 21.437 30, 723 2,582 I 2,023 i 1,540 i 483 i 124 2, 590 2,057 1, 504 494 135 121 12 398 39 197 3 117 43 20 49, 549 111 ' 11 434 j | i : i 21, 112 28, 437 20. 90s 0, 339 11 5, 969 20, f»31 20. 52-s h'.inu 15, 194 13. 117 1. 9S8 12, 193 28,700 : 1,759 6,757 5,256 : 14,' 805 13. 630 2. 3S7 12, 265 29,743 275 40 217 14 121 43 18 59, 323 24, 062 35, 261 2, 585 1,996 1, 520 475 119 i 2,584 1,953 I 1,489 463 113 2, 566 1,927 1,472 455 118 2,528 1,900 1. 452 447 120 107 11 521 111 8 509 282 284 I 279 i 270 41 I 41 39 ! 39 257 I 259 245 ! 233 54 i 56 47 ! 32 : 124 | 123 124 i 124 : 42 ; 42 43 ! 43 ; 12 16 | 14 i 17 : 58,930 66,876 i 58.339 | 60,423 23,976 29,193 25,737 j 25, 464 34,954 37,683 32,602 | 34, 959 38 253 55 121 42 12 54, 580 21, 221 33,359 100 11 470 102 ' 11 | 498 i 102 11 518 31,140 9, 400 59 9, 088 20, 389 20, 071 31,140 14, 665 12, 855 1, 123 14. 921 68. 9 31,305 j 31,848 j 30,098 ; 31,386 j 32,289 ! 33,840 ' 35,733 6, 2'ni Hi 5. s71 2o, S59 20. 170 2<s, 515 14, 3(JS 13.067 1, 925 12.027 77. 4 2S.317 ' 0. 191 13 5, U19 20. 7S5 20,413 2 \ 347 13,9sl 12, 759 1.51s 12, 758 6. S10 13 ti. 455 20.650 20, 303 2S. !*,S2 l-i 131 12. 20 I 2 315 J3. 128 75. 8 2S. 5 18 29, 599 6. 647 7, 570 31 7, 202 t 222 » 2o!t;i4 : 20.261 ' 2()! 2211 29, 599 2s\518 14,022 13, 159 12,031 , 12.0S5 ' 1,212 1, 72S 13. S72 13.539 73.8 76.4 29, 434 i 31, 162 i 31,815 i 30. 112 ! 31, 395 1,838 : 1,890 ! 1,888 ; 1,858 ' 1,913 1 8,044 ! 7,981 i 2,964 j 2,266 ! 5, 245 5,633 ; 5,479 ! 5,527 5,467 | 5,408 5,208 I 5, 333 112 : 105 s9 115 9,197 I 9, 509 31, U S 31,918 1 31,953 25,898 i 20.740 ; 26. 738 4, 244 4,476 3. 7Mi ; 4,9.1S i 5,059: 5,00! 12,9s.); 13. 117 13, 391 4,109 ; 4,088 ; 4, 099 9, 195 31.935 26. 766 3, 755 4, 993 13,821 4. 197 9.148 35, 135 29,917 4,810 6, 532 14. 357 4, Is8 5, 130 100 ; 9, 141 ! 2,582 I 1,970 i 1,502 i 408 | 114 ! 8, 0S5 10 8, 187 20, 50S i 20, 103 30. 402 14,557 12,590 1,208 i 14.304 70.9 2S, 515 27, 7 18 5.711 ; 20, 79U 20. 573 27. 7 is 14,531 13, 2KS 2. ' - 0 .'9 11.750 7\i I 2,608 2, 080 1,579 501 146 5, 361 5.3-sl 5, 48(1 121 8. 879 37.391 32, 467 5. 636 6, Sb3 15. 700 4. 188 30, 102 32, 536 35, 533 33, 088 1,852 j 1,840 ! 1, 922 5,652 4,777 ! 3, 072 5,688 5,837 5, 960 5,530 ' 119 8, 716 1 36,358 31,414 4,860 : 6,991 : 15,685 3,878 5,077 5, 792 120 I 123 8,593] 8, 817 37,003 37, 035 32,347 32, 282 4,478 i 3, 524 7, 035 7.029 | 15,988 i 10, 250 4,852 4, 873 Certificates... . . . . . _ do Bonds do N otes do 1 Obligations guaranteed by U. S. Govern- j 1,881 ! 1,725 i 1, 81.8 1,850 , 1.93 4 1.940 ; 1.992 2, 095 2,106 ! 1,907 1,937 ' 1,908 ; 1,919 m en t _ _ mil.ofdol.J 1, 876 2,931 2, 935 3,003 : 3, 229 ! 3, 226 3, 2s 4 3,077 ; 3. 539 3, 487 Other securities do [ 2, 980 3, 413 3.313 \ 3,270 i 3,296 ! 9, 485 9,479 i 9, 704 9, 788 : 10.321 I 9, 790 ' 9,517 | JO, 29", 9.456 i 10,637 Loans, total _. _ do 11,802 10, 382 1(1, 32(1 10,361 5, 735 5,662 5,542 5, 628 6, 5S1 5,912 ; 5,850 s 6,304 0, 131 ! 5,903 \ Commerc'l,indust'l, and agrie'lf do j 0, 207 6, 552 6. 110 0, 595 1,014 1, 127 992 1,046 ; 617 j 1,652 To brokers and dealers in securities, .do ; 1, 994 700 585 : 529 850 637 : 493 520 j Other loans for purchasing or carrying j 379 358 491 ! 424 344 ! 504 342 : 3S9 358 : securities . mil. of dol.J 999 381 382 381 ! 369 1,145 1, 158 1, 157 1, 150 i Real estate loans do I 1, 135 1,230 1,221 i 1, 184 1,161 1, 207 1, 199 1, 176 : 1, 162 1,217 47 . 28 ; 54 94 22 57 i 70 53 46 j Loans to banks do I 65 26 46 83 74 1, 265 1.345 1,394 ! 1,367 1,319 : 1. 276 1.387 Other loans do 1, 537 i 1,533 ; 1,434 1, 391 1, 657 1,578 i 1,616 : r l Revised. p Preliminary. Amount estimated for 1 bank. c?Agricultural credit corporations, production credit associations, and banks for cooperatives; to avoid duplication these loans are excluded from the totals. §Tneludes through June 1943 earnings of persons employed under Federal emergency work programs shown separately in the April 1943 and earlier issues; by the end of June 1943 these emergency programs had been liquidated. f Revised series. Bank debits have been revised beginning May 1942 to include additional banks in the 141 centers; see p. S-15 of the September 1943 Survey for revised figures beginning that month and a comparison of the figures on the new and old basis for the 12-month period ended June 30, 1943. The series on commercial, industrial, and agricultural loans includes open market paper no longer reported separately. S-16 SURVEY OF CURRENT BUSINESS November 1943 Monthly statistics through December !I 1940 1941, together with explanatory notes and references to the sources of the data, may be found in the 1942 Supplement to the Survey August FINANCE—Continued BANKING—Continued j Money and interest rates:1 Bank rates to customers: I New York City percent..! 7 other northern and eastern cities..do.--_! 11 southern and western cities do j Discount rate (N. Y. F, R. Bank)_.._do--._i Federal land bank loans do j Fed. intermediate credit bank loans.. _do I Open market rates, New York City: j Prevailing rate: \ Acceptances, prime, bankers, 90 days I percent.-1 Com'l paper, prime, 4-6 months..do j Time loans, 90 days (N. Y. S. E.)--do ! Average rate: \ Call loans, renewal (N. Y. S. E.)_ .do j U.S. Treasury bills, 3-mo do | Average yield, U. S. Treas. notes, 3-5 yrs.: j Taxable* . percent.. j Savings deposits: j Savings banks in New York State: j Amount due depositors mil. of dol . | IT. S. Postal Savings: j Balance to credit of depositors do j Balance on deposit in banks _..do_...' I 2.05 2.71 2.73 1.00 4.00 1.50 1.00 ! 4.00 ! 1.50 ! 2.28 2.66 3.25 1.00 4.00 1.50 1.00 ; 4.00 1.50 1.00 4.00 : 1.50 ; .44 I .44 . 69 1.25 .69 ! 1. 25 i >>9 j 1.25 I .69 I 1.25 1 .69 I 1.25; 1.00 .375 1.00 ; ,370 ! 1.00 ! 1.00 '. .372 1.00 ' .371 1 1.31 .44 : .44 i 1. 25 .370 ' 5,949 5, 427 i 1,683 2.36 ! 2.76 ! 3.24 I 1.00 4.00 1.50 1.00 I 4.00 ! 1.50 1.00 4.00 1.50 .69 ! 1.25 I .44 .69 I 1.25 I .44 .69 1.25 1.00 .373 1.00 .374 i 1.00 I .374 ! 1.36 1.32 I 1.30 j 1.00 .375 1.29 1.00 4.00 1.50 1.25 J j .44 I .69 I 1.25 I .44 i .69 ; 1.25 1.00 j .373 I 1.00 .373 1.33 .44 i .69 ! 1.25 ! j 1.00! 1.00 ! 4.00 I 1.50 I 1.39 i 1.00 4.00 i 1.50 : 1. 00 4.00 1.50 .44 1 .69 I 1.25 I .44 ; .44 I .69 ! 1.25 i .69 I 1.00 i .367 ; 1.00 ! .372 ! 2.70 2.98 3.38 1.00 4.00 1.50 .44 i .363 ! 1.28 ! 1.28 1.27 1 2.09 ! 2.63 ! 3.26 i 1.00 I 4.00 I 1,50: 1.34 i 5, 449 ; 20: 5, 459 ! 5, 492 j 5,570 ! 5,622 ! 5,663 j 5,677 j 5,726 ! 5,813 | 5,86/ 5, 922 1,377 18 1,344 i 1, 396 17 1,417 i 16 ! 1,445 ! 14 I 1,468 i 14 ! 1,493 I 13 I 1,517 12 1 1,546 j 12 I 1,578 12 1,620 ' 11 1, 660 11 5, 703 ; 2, 660 | 1, 314 5 491 ! 5 353 5,243 ! 2.226 S 1.020 1 200 ! 5, 079 5, 065 2, 046 955 235 896 208 ' 4, 844 : 1, 956 ' 838 : 4 768 2,116 178 168 301 64 47 108 CONSUMER SHORT-TERM CREDIT | Total consumer short-term debt, end of month*! mil. of dol-.-L Instalment debt, total* . do... _|. Sale debt, total* do..-..;. Automobile dealers* do... J . Department stores and mail order I houses* . mil. of dol j _ Furniture stores* do _.I. Household appliance stores* do i_ Jewelry stores* .. , do i. All other* __ do !. Cash loan debt, total* do i~ ; Commercial banks, debt* do Credit unions: j DebtJ do...-! Loans made____ do ! Repay mentst do I Industrial banking companies: j Debt do. . . . | Loans made do ! Repayments do j Personal finance companies: do Debt... . . --.do Loans made.... _._ do Repayments.. Repair and modernization debt * do Miscellaneous debt* _ do Charge account sale debt*.. - - do Single-payment loans, debt*§ _ do Service debt* . _ . _ do Indexes of total consumer short-term debt, end of month:* Unadjusted 1935-39 = 100 Adjusted do 6. 719 3,748 2, 032 874 I ! I I 3,504 i 1. 862 ! 769 I 6,403 3,255 1,704 664 i I ! I 6,169 3,054 1,571 573 6,155 2, 922 1, 494 482 277 449 183 67 182 1,716 491 ! : ; I i i ; 261 I 428 ! 169 i 63 ! 172: 1, 642 i 460 ! 253! 408 I 154 ! 61 \ 164 1,551 ! 421 247 392 141 61 157 1,483 393 254 391 130 77 160 1, 428 370 I 113 17 16 166 16 170 32 30 246 i 33 j 40 ; 357 70 70 466 ^ 60 ; 75 160 ! 16 : 152 \ 14 ! 22 ! 252 95 1,232 1,102 637 ; I i ! 112 : 113 ! 236 : 31 ; 41 ; 452 60 74 240 94 1, 320 1,095 638 I j 30 44 437 ; 59 74 i ' 1,419 1, OSS 641 109 ; 109 ! 10!) 106 404 i j 228 ! 359 I 116 ! 64 ' 143 ' | 132 ! 1 275 1 319 20 : 126 \ 13 i 19 , 127 22 21 185 26 34 j 184 38 39 1, 346 345 145 14 21 141 18 22 193 ! 36 202 31 40 102 102 25 : 34 : 424 82 86 200 91 1, 513 1, 072 648 403 45 66 184 89 1, 333 1, 058 652 102 98 95 94 INDUSTRIAL AND COMMERCIAL FAILURES <}rand total number Commercial 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 . Iron and steel products do Leather and leather products do Lumber and products _.. do Machinery do .. Paper, printing, and p u b l i s h i n g , . . do Stone, clay, and glass products do _ Textile-mill products and apparel ..do Transportation equipment do Miscellaneous do Retail trade, t o t a l . do Wholesale trade, total . do Liabilities, grand total thous. of dol. Commercial service, total do Const ruction., total. do Manufacturing and mining, total.. do Mining (coal, oil, miscellaneous) __ do. . . . Chemicals and allied products do Food and kindred products do Iron and steel and products do Leather and leather products do Lumber and products do f 210 | 338 ! 103 ' 2, 323 1 071 287 196 322 91 51 124 1 252 312 132 11 428 59 ! 68 : 215 91 1, 386 1, 085 644 2 465 ; 1, 190 i 351 , ! i i i ! ; 56 1 3s7 50 ' »)6 ' 170 1. 333 1, 038 655 •1 » 93 1 387 86 86 155 87 1 343 1 031 656 89 90T 190 ! 319 I 81 i 50 120 1,206 299 | ! ! i 1 122 ! ! 15 20; 1 7 9 '•• ! 31 36 ! 378 | 62 j 71 i 141 i 87 1,331 | 1,029 i 657 ! j 308 196 155 287 286 55 45 101 1, 118 283 118 14 18 118 19 19 174 29 34 174 35 35 170 i 366 58 70 128 85 1 275 1 027 661 371 80 75 114 86 363 62 70 103 1,150 1, 338 1, 014 667 112 15 17 30 34 ; j ; i • 85 1, 222 i r 991 ! 672 i 84 85 84 84 80 281 19 35 48 2 5 3 3 0 0 1 2 8 1 1 9 ! 11 | 11 4 2 i 8 10 • 1 0 ! 5 8 156 195 : 23 24 ! 2 550 3,523 ! 393 579 \ 597 | 207 826 1, 105 : 28 22 : 20 : 00 90 192 45 0 ! 0 0 : 106 117 : 265 31 33 39 2 2 5 2 2 6 2 203 20 23 87 : 88 ! 148 279 48 44 97 1, 092 278 114 15 19 72 48 114 1 161 290 j \ i i ! | 1, 898 806 190 82 : r 108 '29 31 357 64 70 93 84 1, 198 996 676 79 SI i i 698 ! 47 I 66 119 \ 54 I 4i 673 40 61 102 I 0 ! 506 22 47 80 2 4 ! 10 ; 5 I 20 o 20 105 6! 6, 7*1 53S 520 2,219 237 33 421 50 207 i 2 10 5 11 I I I I 15 : (i ' 13 355 [3 5, 173 26 S 616 1.661 519 2S 90 17 217 ; ! 1 i | i 4 1 1] 4 3 11 4 12 4 17 : 1 2 3 4 1 2 1 4 G4 9 1, 488 134 159 504 64 53 84 0 0 79 458 28 53 79 2 3 : 13 3 20 4 h 405 14 ; 2 1 11 5 14 ! 1 ; 10 1 2, 37 I 0 U6 717 , 823 198 64 176 81. 49 1S5 10 307 44 950 526 1. 189 1, 997 7 12 195 120 40 070 2 7 267 31 5 515 396 698 2 249 200 34 469 105 52 139 ' ! ; ! ; 422 1 28 i 38 ! 67 I 31 9 i 9' 2 1 :j 9 -•, 9 1 4 9 2 10 "31 4 103 331 379 ' 1 .312 ', 69 : H i 195 ; 132 97 12> 410 23 41 79 2 4 S 4 1 12 10 16 ] 10 232 35 7 282 305 903 4 144 100 52 169 97 20 368 362 1 28 i 54 | 01 2 2 i 12 0 1 7 1 4 2 4 147 15 6, 076 1,600 577 1,441 40 25 390 50 71 341 43 - 3 1 ; 7 5 0 1 8 3l 7 1 ! 3! 0j 0 i 98 ' 19 3 595 ' 30!) I 647 i 0 017 144 ; 8 508 : 175 0 208 227 15 31 33 2 2 5 7 1 1 4 2 0 4 0 5 120 28 2 905 294 477 913 78 25 187 468 2 19 §Formorly designated "open credit cash debt." Revised. f For bond yields see p. S-20. % Revisions in 1941 data for credit unions are shown on p. S-15 of the January 1943 Survey. *Xew series. Earlier data for the series on taxable Treasury notes are available on p. S-14 of the April 1942 and succeeding issues of the Survey; there were no tax-exempt notes outstanding within the maturity range after March 15, 1942. Earlier figures and a description of the data on consumer credit appear on pp. 9-25 of the November 1942 Survey; subsequent revisions in 1941 data for total short-term debt (dollar figures and indexes), total cash loan debt, and commercial bank debt are shown on p. S-15 of the February 1943 Survey. There have been additional revisions in the 1941 and early 1942 figures for the series revised in the July 1943 Survey as indicated by an " r " on the figures in that issue; revisions which in most cases are minor, are available on request. S-17 SURVEY OF CURRENT BUSINESS November 1943 Monthly statistics through December 1941, together with explanatory notes and references to the sources of the data, may he found in. the 1942 Supplemont to the Survey j 104*^ j j ~ SepI tember 1942 ! 1943 i Ottober ei i Xovember _ i _ ___ 1 >ecember __ F1"N A \ C E - Ju nai <r _ _ _ _ _ : F ary11" i M a r c h ! A )riI I j ^ay \ Jimo July j August " _ Continued INDUSTRIAL, etc., FAILURES - Con. Liahiiities -Continued. Manuiactiiiinu and mining ("on. Machinery _ thou^ of dol P >pei, piintmcr, and publislmm . do Stone, elay, and das> product<? . do Textile-mill pioduets and appan 1 do reimportation equipment, do Mii-edlaneou^ - _ do Ketail nade, total.. .. .. do A\ hok^ale tinde. U t a l . . . - - . . . do . ^; 110 •>, M-J li'C 12 (,2 «.M _ *•» 7 IL "•>. i'-^ i > 2:.: l-,7 2. in !••" l.i ',t. } 171 i '2, (-11 *" 121 202 \r LIFE LNSITRWCE \>-<.f u t i o n of Life IiiMiiance Fiesidi nt->: Assdf, a d m i t t e d , rot-iU - . m i l . of dol Moit'iaae loans, t o t a l - . - - do Faini ------ 'lo Other . . . do Tl( d-i-statc holdiims _ _ - do Foil \ loan5: and piemium notes do Ponds and stoekb held (book \aluei, total mil. of dol (k»vt. (domestic and forj, total-- <lo \J. b. (io\eminent-.-. - do "Public utility. -- - - - - d, Itaihoad- . . _ - ._ . . do Other - . . - - . . - ... do e v h .. . _ . . ---_do othci admitted assets. _. . . . do iiisurance \\i itteii'0 Folu i's and ceititicate s,total . . thou* Cioup do Industrial... .. do Ordinary do Value, totalj tlious. ol dol (Jroiip - do. Tndustiial _ do Oidmar>t -- - '*•> do l'i< m u m collections total's*-. do Annuities ._ - do p Industrial - . . . . _. Oidu.arj - - do I n t i t u l e of Lift Insuiancr-* Favmentsto polie> holdervuid beneficiaries ' total _. ' thou<. ol dol l)ealh (laim payments . _ do , . . Matured endowments. do Disability payments _ do Annuity payments __ _ _ _ ._ do Duideiuis _ do Mirrender values, premium Doto.etcdo Life Jiwirtjuv Sales Research Pureau: Insurance wiit ten, oidinai>, total ....do New Enqland . do Middle Vtlantic _ . .. >!o F a n NoUh Central . .. do . W'^t \ o i t h 'Vnti.il - _. >\o i-outli Athntic. ._. . . . do _ _ Fas! ^outh Central . . .. do AVes! South Central _ do JVlfh' >,psf rate . . _ .vllM .1,20.) (>s7 tiS.l 1,392 2,111 2n ', >'s 12 (II 1 K t;s(i | 1,3*2 , 2 12'» 17 M.I t 73 ' t,i.7 1,370 2.110 1 3Iti , 2 . O'<2 ' t• I l.'H's 2,111,- 1.2 l --> 2.d21 : 3(i2 j i t " t. io«j 4. ; n i.'.».'.') , 1 !3i i l.ti")' 1 . i. •.».". 1 ! a, i:{j IS i .1 i2 .!'! 12 .1." 131. OK) 2'J. :>'2 1. i'.«7 1. 2t>2 J, I'o.i 1.2/r ' '.--2 i.21v l.'.Hi- 1.20! l.'M2 1. lx.J i,U2'l in.^'"i '». 2.1's 1 !(>! 1(>.'i^ '.'. 3()0 1. K V 11.'i^ •». !')<< 1. H i o,^32 x. it. 1 ? 1, i«.i> I l . •.»."" , I/O"- .132, 2''i ii . 1 " . 7.^3:'. 1. M..1 1.1IO7 i. 1 >•'< l.'C'l l "70 • "i IIJ ll«0 2'i. -5KI ,1 20 1 2.). 7'.i. .1.21 1 ' d i' 17. l'H.1 !(!-• I I1 t 2. !' 11 2',* I s v .1, 2di ' .1' f.jt Id'xi.; «' 2 ' . 2 ! 1, i. 7 ( .) ' (.71* • 2x i;(< "V. !.-.> 72 ;«.."• 11 12 3(.U f.H 7"- l«i ! !U(J 1,'(!2 I -5,'(l (71 (,(jt , 7.1 7'.' i 1 1 «*• 1 i ' I'.).". t,(,2 •.'J23 Cls 711 722 70-i 71 sol 7'1 W..J21 1. 1 2 " 2. ls(» 1.H12 Mil •71 • J 7! 1 (11 (.27 •sit, " ^ s >z,\l I ,!>!.7l3 7x.("'i j i n . h.o N:I 3oi I M.7:I ( » M2.21O i 111,7"." • 131,727 1 i 1. Mil " \>\^ 2<!. O',I2 21,7.13 i 1.1.1 771 I''.'. 11 > • 1i.7, 7 d i .* lt),l,X( 17(>. X'l : 7n. 72i. ' 22.12s j !t)2.',«i3 <>(>, 177 i 2l(i. s_»(, 7 17.1'Hi 712.'. _'."• so.t. I ' I3o,3"o j I 2 U , M M '.7 "»..'. \ 103.^73 1 1 7 . .".«•••? , 1 ^ . 1 7 ' ) JM2, 3d v ! 2fiO. 127 I > 7 , 0 3 3 ' 2 v l.(»77 2 57. s.12 i 2,1:5,73.1 !l*.I.!3.1 j ii;.c<: ,"'>.,. 733 | 7.10, M17 x;7, .117 ' " ( • , 131 27'.', 11.1 ^-> " x l 23 ,"! t 17o, 142 177 2 U i n . int. 12*.. o s s ' 1 2 ' . 3 3 . s I.n.j.^j 2.1, 'Jl ( J 2 ( ' l . H'l 722, (.»2x n:s.ssy \M,:M\\ M ' ! b s> I I I I . I M . , , 1 ().">. :><> ll'».:,,j.l 27i.77<i j 2 { l7. t'»13 ' 27'.». J-.ll ' , 2 7 1 . i is L'7. dO2 71.1. hit" H'\'. .11^ 23. lo.l ! 2 ( i. C U 21..1K> , 17s. K 0 ' l x x , 7(iO 17i.27o 2()o. 71 7s-." 17,11" 20. '>-3 | 'X'j. 32M ; 1 7 i . ' 2 l 7 [ 2M.l,Mli.f , 2'a''.'i f i: • 1^7, S13 Xl.llt i 2.' K.I | s(i ! i,.n 22,\">2 i,7 vji, ; 21."-'i | 7, "'.MI 7.l'_'l s.o.M ' 7.2W i 1(>. »i(!7 , 21,X.ll I2,;i7^ 27,:i<! 13,!H.s . 27.2"s i 12. 7 f - > ' LT. s s • ' : .->.jii ::I..>I» 33.1051' ?\ \ r. ; .*'-,:<..i j v3. r,2 <»i .HW 2.1.777 I 21 237 , 7. HI • L i . i'.-2 »>.,., I t *.'MJ 7.13.1 ' '7.01.1 3t.'77" 1'2, 7l»»> :<'..M7 '.Mhu 2»,3i<» 2 2 ( ) , - s i ' 2 ( 1 . 2 1 3 j !'.«!. 2X1 lo.l. s"3«, ' r.»2. 13! ( j XM. I S ; , J OJ,',»7S 31.7oi» ' H<\ 1.1U »i.{, ;,(is 2<3. 117 27 '...".') I 27. ixo I 7.2.1.1 7, .lx} ! 12'.». x'^7 »>_'.", i s t ;>, 23n i " , 2'Xi M'», »i77 iM. NS I \ 272 7.710 1 1, 1 i ) 10234 11 (I'd 31.f.,i: 12.M2' 3O.si,2 I t . .17 2 3.1.(,.1O 3o,x.io 2(..»>.;ii 2.".vui 2.1.111 ' L>,\J,\>{) U7,1»2'.»t 1 \W,i , U xs j i . \i-\ 1 "( 1» t i -',2^:> 17, .11.1 ' I'., 1LC 1 \ 11 '- JOii.0,17/ ' ! ' 0 , ,7< .! iiii), u,> : 0 7 t 17'720 !.". 1 lx M,7 , 17. I 3 2 . 7 x : 1 : j . . . H I 1 ?.z, i'.'. i 11. 123 ' 12 ! ' 0 ' 53 O.I11 30, .r>i.'» 12, 7"':\ I I I . ,V>1 5i'7 :_0 i ^ . 1! 2 !<''. o-'i ]"s, ?,]i\ : 117. 2(>x ; 3 . (•!.I i s , l.'.l ;M,JM 12. 7(*x '19,70^ 1W, 722 37. 2 : r 1 I, 712 .;>. 7,s.l , if.2. 3 t ' l'>»». 7 1 7 1 7 " ['(-, 17'', ( 1 10. Id1, ! t>2. 37 .i i .1. Ci.l 2h. 1 «J ' 21, 1"2 HO'JX 12.^; 17 Ml! 17. "dl ' 7 '.'MI 1 \ Kl'i2 /,!,723 K,2'. 7o ( ! 1 J. 1. » 1 id". 7'<7 ^1'. , M.5 C3. 213 1,3, H ; 27 (> '•' 1'. 7'n. \>< IO.O~,2 <R 77X 111. v s n«M 107. (.1,077 t>7. t»21 2 1 . 077 1 -.377 27 /dlr 22 !('•'. r<10, (.07 1.1. 32 s H I . 17' 13 I, 103 ()3. CM) » 7.3-!.". 21. 2.7.» !2. 31(J IX, ,107 (..i. 701 l!»2,*-2t>-- if MONKT1RY STATIST H S F(>'( iun cM-nani!O l a t e ^ : \> J e n t u i i . . . d il pt i p i p t i p ( Br</il. oll'ei-ilj _ - d o ' p( i ( U 7 ( i ' , P>i p i s h J n d i ' i _ . d o l j < t iup<. < ( " a r v i d ' i , f]i>( r a t e S d o l . I ' d C i r i d i m d o C oloml.ia _ d o l i»u i < ( > M< M.O co L T i n t « d K i t r d . i i r i , o l l i e i .1 i<it« * d o l i r { t.oj.j Mv)iK-ta»: -t.ic'r, V < » u of u o '*• of T< I « M ' i i ' - r t i o . ' i r i n , k » _ t U )«i- " t 1 > I'lod.uiio'ikr>i ( , i t " d i : i o l t h b , l"« i ! ' r'( \Jii a ' . do 2 <x i 1 ,vr L * n i u d M no*.* r. ;v \ i n e i . o u L ; i n . T.>< ! ll Of <!<•] »i»l ^~s 2'fs 2{)X 2'fX 2 'X I'd (K ' (H.I 0(»i {(>, ici >(n '.,|0 VIM < )„ '•X.I -.'ll *0(,l v)\ 0(11 : 1 O'll 17 i •()• *0hl ->()1 '* ' "7i 2'H I 2. -21 l r "»X « ,1 M ^l,^ _<> Is M l ll" "' 7>>* , 1 . , 1 0,1 1 1,1 V I , i I ,1 2_ 7 1 - 2 7 , « 2 ' 7i'i "f. H i 2^ ~lv '(> ~ > 22 7_h id - 1 »2 ~. -. 1 ol J 1 >l V X; I I >, 7 > S •> 1 ' '7 ' j 01 1 ! . '•) I , " ) . M 7 v i M ' Mi* 12 , 0 1 ^ ^u i " t l i 1» x i . 1 j ( ^ 1 ,, ,1 1 1 ' j> J 7 s 1 1 ., " 2 ' 1 >7i> i M I i, ) ' l " 1 ' S ... _^ I f " '»' ' H 0 ' 1 O i l )} ".?» -lx,-H(, 2 47 Idl 0 "2 < 't >[ ^ i(l i h l . L 'J () i ^j , Ih 2 J ! 11 2 1 J II \ l() 1 s it !•» " , ! ' 1 M_M ri» 2 ' i't 1 77' ' Ml i 1 ) 1 1 ,72 > ,i l.ibX ' L j 1 1 • ' ()>j t 1)0 122 t- x' r l(. I 17 ( H<j "71 tit.", 1 1 4 Uir 4 0'" "1 U HI P i, , r 11 1 l ' 10,2] \ '»* » < , 'M " 17,42i 17 '' llx J of i i f', i '.H ( 7^ , 1 ) 1 (»• ' > ~ . < • • 3 M » - ; t v ( ( _, -, 1 1 1 J ., , , . t , <t . «. ) ' l 'L'( s h , \ 1 , X2 pv 1 ( t « o i t ' i v t * <l ' s - , I s ( i t l i r , , i , mu'> lii\i T r n + < f t i n t >t J l u r « » ii n ( o i i c - t n i l i i l l » i i s i cu t „ i 1 ^ >o< > >in1 • (") n i l 1 u ' u i i l a i n \ c ! >] { ( —) ' ! ' n ii l o \ ( \ . l , i«> _, t h e ) 1' 1 il d s - J i d i ' M if i l l ( p »< n c \ \\ A^ t b i . ' » i ' l ( 1- I'M I M P H I I f f ) ' I I . . I K 1 k i 1 d o i n - 1 , o w n h i r h < 1 '_, ^ ! i j > [ ) ' i * P ' n i w ' i ^ u ' i f m I )'i( »> 1 1 ' t , t K < I K ' 1 I ' l l f ' o e i / lo'h' lo 1 to tho'i^ uid' h v\ 0 < i d o T i > i i l i t o ' i . M n i i ' U \ l"»2 t e .l.uiupi y 1 ( ' H 1 •'< o l l u 1 1 i U< 0 1 < ' i n i i ' i •, n . n M I « i o 1 s ,1! * )>!'••! l o r \ ! e v < o ~ i ' u l u u * ! m t h e t o u l s ] n l l h h 1 U 1 ^ 1_M " 1 I ' l l l ! ' ' 1 2 V J' M o H e w s l r i o n t h h " \ 1 u < - f c i " U « m I lf«l • n r t ! i < t o l d t u l a l u t A T a ' i d 1TK l u d i r ' L : C e ' f t i l l n t l l t 1 U \ I M O 1 - , a i ( c i s R l l ) \ -. 1 ) \ \ l i h l P H J M i d h i v 1 i i „< M*( 1 1 i ' i i a I P ( « r l n I ' U 2 a n«M\ r , i • I» t V LTniL' I. s t i "jv •!- f o l l o w s - ( \ u ; i d . . 1**11. l " , " ( . o . 1 9 1 2 , 1 1 , M ; ( - W e * ' " h n « l I n 1 t- , \ I ) j i ( « i J a i i 1 111 < M c »n A 1 f r ; v f H e \ > e d . b e i ' i m n m l ( vtii'?>CH i ) i > , r e \ i < 1 f ' ^ u t ^ ! I ) .' ie on ! ^ 17 < T M i 1 H 5 - a \ o \ , e u h q ! * \ e v series. Thv M M I * S o n ?> A I T K n t s t > p o l u x n o l ' it > 1 > r np i l 4 h \ t ! l « I n - - f i 1 1 • o l I ' i h p l 4 I h\> v i ' i <^ t o ' il 1 i r t in m s m t ' i ' U n a 1 ^tati ^, m'l t n 1 m < j f 1 j 11 i n e n f ^ * > T ( \ i n a d i . m o m p a n u s d\U\ u o b i s e t ' ( / i 1 i t p< 1» f ow 1 in% ° 1 to U » p Us. nt ' ' \ he ! t I ^1 i n. 1 * 1 ted t ) Alow 'o 1 ( u n l i n k s not poithi , d a t 1 be^^nnu J ^' p t e m b e 1 t 1 U U a t e < ) \ u i l d ^ l t i n i l i e - \ o \ e r n ! i ( . ' 5 ( f l 2 > u i \ e j , c * 11 1 lLjt i. \\ ill 1 u shov ri in a MJ!W }W p\ ]•- n>. . S-18 SURVEY OF CURRENT BUSINESS Monthly statistics through Decemher 1941, together with explanatory notes and references to the sources of the data, may he found in the 1912 Supplcment to the Survey j IQIO j November 1943 1942 j SepI tember 1943 Sep- J OctoAugust ! tember | ber I Xovem-; Decem- i Januber I ber : Febru- I March April j May j June ; July j August FINAiS CE—Continued BUSIINESS INCORPORATIONS Xew incorporations (4 States) number... 989 988 j 1,026 ; 1,008 ; 1,028 : 1,031 PROFITS VM) I > I \ 1 I ) I : M ) S » Indiinitial e o i p o i a t i o n s I < del il H ( M I \ I I \ t t p i o f i t s ot tl (02') c > > m l ol '1 >\ lion m d sHel (17 cos ) <lo \1 'clunet \ d 9 cos ) do Vutnmobiles ' 15 cos " ) do Otht r Uanspoi t l t i o n e q i i i p 0 s c os do \ o u f o i t o u s m^l ds m d p l o d 77 < o t> Other d m a b l e go >ds (75 ens ' do Foods, beverages a n d tub icco i iO i os >_do Oil p i o d u i mg ii'd lefiiiinsz ( i" i » s do I n d u s i r i a l (heiihcals MO cos « do Othei n o n d u i lble goods *so ( ,-. ; do \1 w e l l m e n h M r \ n o '71 cos i a> P i o f i t ^ a n d dividend^ M 52 cos1 .' Vtpioht* Io Dividends: I'rofem-d. <'o Common . d(. ftleetric p o w e r c o m p a n i e s , m>t n i ^ o m c ; 2s c o s . . . M<Yderal R e > e r \ e ) * m i l . ol d o i . K-iilwiiys rl.is- I, net inco'iie (I. C.i\) d o *11'lephonc 1 ^. ne 4 o p e r a t i n g i n c o m e ( F e d e r a l ( ' o m m u n i c a t ions C o m m i s s i o n 1 m i l . of vli,l 49 92 154 30 30 44 49 48 35 . 47 452 52 43 49 151 33 ' 22 40 294 M9 441 51 39 47 154 34 19 39 , 36 42 36 42 211 216 39 40 21 ! 132 34 209. 4 !iS i. 9 29 239. 3 00, 2 61. 9 PUBLIC FI.V\M:E I iiited °{'ites u-ir p r o ^ n m c u m u 1 i p v e ' i iN fun i liiiu 1010 f J 1'iogr . m nit o <i il C o ' i i m i t n u n* d ( ish expenditi'M s lo I ^ *M\ u u s b o n d s * Viiiount out t i n d u u do ^ iles s( ji ( s r I ( j ' u l (} d > K< d e m p M o n D( lit U K s s , (>nd of i r >nth , J n t i tc s t hi w m ' Public issues _ ^ p e c l il issi^es^ \ o i u n U u st ho m n j ; ' *h'ijf a i o n s f u l l \ ^ u r i n t ( ( d b \ \ I oi il u n o u n t o u t s t j i d n u uti'inii' nnl ( oihiiK i l i l \ C M d i t C O M I l i d c i i i uin Mo'Ui t i H o n< O u IK >s 1 o u i ( ( 11 \l< l Ollstl (]( Mil'l j III 1'H < I i \p< n d i t i u e s m d n u i p t s li s u i \ e \ ] u i u u t m e s , t o t il \ \ i r i t t Iv it u sx ^tiUiltui 1adjustment p " \ n - iplo\ inent u h e l 11 a w h t o i i u s t « c c o u n f s ; Inten t o n (U\ 11 751 r Hi \ l v - Tul\ » s_ i,ooo o o o 9 In M ' I I 1, l ( i i , d ( 7 1 211 UIIL 1 s | u ) , ]i 7, I ' h O op U H b t s i . 1 Si fi )U)so' u \ ( M j ibo\<, o. uir this'i M lur iMUiil'in M.I.^S J 11 v r » ird ' b 'Uii 117 A 20 J vn ( 1 it K 0 ' ' i r e 1013 1 1 u < n r i * o4 r e k tr in <ii n s ,jf u ^ 'uiL i si n p t i o r s oi t l u r ,lie-e U L I ' L L S 1 It i s l l \ u e )bli< ". • in t l l l ' t n p i (< n i p I I i n d <lt i i b 1 1 t ^ni 1 t nt »bh \%itliJub 1 a o i I *\ . r 2) t u< LV o t l r n onth ts(v', ii>niii'ib 'anrivi-i i J moils ' 1 >il 1 m 1 ll u s 1] o i i t ' / ' 1- 11 v- , <n p i 10 21 SO", 8 i he h r v 1 K (t ion M i " i l , v ( ) i t ' i t» . 2 L i >i i r l.i I ' S I H t tj L h i 'i 11 t i n l1 t 1 - "• •> (HOIK i ^ i i<l t i u ' l ' l -1 ' t l f i t 7 I i5 it ( r i - r i l h c f s 1( o e 7 )"; 1 7)1 11^ Vs -, 1 5»)-» 1t7i ( MM s t, SO i o Mi 1, v s 5 7)0 2 2 »0 i )•> 1, > j 7 l 01 J - 3s 5i.l / 7 0 7 v 9 rid- 211,123 h i f t\ is 1 ( l l It - 111 t b b ^ U l \ t \ m 1 ii > O7s 1 914 1 5'9 1, 47 ) ( H>7 7 los i l l - ) Ollll 1 t l 1 1 M ( tlORS Ml, M u u - t l <s i - , J , s t 971 6 (d 2 >-' 1 [ s 1' c l l l d i \ p n l . 2 o 1 1 I i i k i k > szu u i t \ ( (. ilus^ »' i s i i< 1 MS 1 / > 1 1 1 [ 1 s f -, J 55" > \'\ \(n - 19, 3'M Us s 13J S2S 801 -. 1 '3 •> Is 72h UI (O'3 ii Si ) !•> 7 ^ s 211 -21 ' 1 9 1»>2 27 » 3 00 2 721 i9 2 1 "i 1 1 25") SOi 57 507 I 1 1 . 00, -*2 »>")2 S(>S -, H 7 ' 11 S ( s i m i ii u t f -, v i 15 hs 0 21M 2t OlS o s '7 ) Mi 1 9 311 356 _« -16 1 ,1 >l, 171 _ I 1 , 1 , . ii u d d i t i n u k -^ 1 h i n (1 ^ 1 » h • 1 , i ^ i ] I' v l Tit) , t s I O I M ' U 1 >r \ \ l i 1 1 h e 1 t U r i»i lh<i< IT,c ) P 7 l u i ' i 1! i u x i l i ^ 11 ('111 .t u T( s ( 1 j 1 ; f t s o i p tei s 2) 2 1 »s 1 7' i _0 Is ^t 21, SS »sc> 1 k r tin ir'cl'i k _> !37 i 17 5 ) 360 617 7 2i2 4" 1 <M0 1\2 0o ) V)0 Ii2 ft 1 5s I 3'lf» '97 Oil^ (It f i n i t e tiHiiii~- } r . F u m \ 22i,458 „,' ( -ipt in ] )otc'i I s f( h , \ \ v, j )U ( 1t r 12 '2 u d J U 1 U U ' -JlllK P J 1 •), ^ i J> *i » i f "t »IIM.IU t u n - o f ^i l t i r i ' i m 3 t ' w il M i i r h i s ( f i n ' . J i n n e ^ n ) ! >t ^ K k k d p m ^ odit> iduisti C " i i oi itioii r o t i n icnt r<>i h o w n s. p n a t e H . i m o u n t m n.oditj i> C i u ' i t ippro\iu ( n j u n i M I I » , - i i ,> _ J b MiiiMiiiiU A ' j n< t 370 42 1 "00 60M 0 l'»S 1 56 ( ! 1 >fi9 •, \ 4 2i 1 -,7 1 1 1 7 52 •) 9 30 - 112 i < 22 i 1 742 1 4so 1 J 2Of 31) I ( 2"o 1, 1 511 i, ] ) 1 5ii s 327 7 469 12 1 42 sfj ', 3 Oil tsi ' M-iO 65 a.I") 3 s 3 7s2 1 5s -J 1, OH 7 135 75 092 si r <*"> iS() <r 7 166 32 '- ( 121 2sO 12s 7s2 ' HO M4 11 l " ' t i 1 1 007 1 2s ) 1 3 is 4S0 ii 0% ! 6, 971 2 *7 i" iSn > > i / l V l i ) 7is i ) >-,2 , , 7")1 1 092 485 9-.0 9M, 3 121 ',n<) ) 1() ^71 1 ilo 0S2 i, (,«) 22 i 26 7'", s 7 1* < 110,00) 124.477 0 1 10 19s 1. 2 is 1 ' ii 7 351 (>74i 103 21 1 2o2 1 0. ) s7s r 1 n 7 'i )O'i iMi q u i U L 7*s •»"7 < > ' P n i o < ' i h ( - ]i;i,f 1 t SJl 50 Ms ^7^ 1 2<) Vs « , 1)1 S, s 0 i< l i e f ( i , 51 s 7">> 22s ill I P il8 77- 1 oi 971 > < , 119 > " 7 ) 5 92 2i 2 i5 ' 10s 1 im i 1 16 \ ( 7M J7i» " «,f 372 ,", M7 2 702 2 70? 21 2 ( n 1, (>72 j() ( Ol 2 f u i m s 1 i "t s 1MI Jinv ii J \) 1 'i '12 2, -,2> i S<H, 2s > V \ K r 1 *i2 in '* 21'. 021 2 > I 27 i 1 363 779 93) 25 3'3 i 215 M 21 I n rlu i' / n 1KMU\ I n M ^ I ' n ii c t 11 ii i>n i n . 1 1 ( ^-e i''s on , 1 s u "i - s HOP it ( n i n | n 1 1 m o t i o n s ( \ • ? H - , u m e s \ < 1 N ^< 11 -, MV I ' d n jir \\ u ^ u c ( ( v JIT " I 1 9 l l ( i o r s i K ' s l e u n p ' n AT n 1 9 1 1 . M I p ^ - l h ( f t . O< U^H\ l »i2 ^ r \ 1 ihc 1 f 4, 350 7sO 6 501 5, S25 70 3 12 6 012 4s 20*» 1 275 1 S Ot)t 1, 219 , j 7 iO <" 1 1 277 suo ,f J ) \ , 1 \ 1 < i 19iL 't \ i s i ) i i n',o 7> s " 9 i ) 1 >,} 118 9 795 lol j s 9 5h5 173 1 H5 02 91,915 17 0..s J7 891 19 267 20 "07 21,i5t 22 6iO 2 ^ o ) 4 8s7 9 It 1 470 1, ii") b7o vn ^)2 76 1 131 103 101 I 1+1 1 is , iv 111,021 115,507 129,849 H 5 913 Ho, O')6 111521 H10VJ i72 4 2s3 710 ^ H). i x i n ludi d \j>r 1 l< (.d t M i n i m p ! o \ i P i _ n t \(\ l i t i o n t , d il w( v it, ) 19 24M ^7 1)5") ](,() ') O i - ' do (' i !(> < > *\> J I'M , M h U \ , ] J 1 l'UKs 1 M P p, sO 513 1.210 t> i'lj)K(Ui( 1") 0 " 0 " » d> nip 'to t 'Mon i > Ol t) do « I A - S 111 i n > 5 ) H T ii (l > do 1 > (i > i 1 •" M iol t i Hi _ u n i m 12 17'! 71 S14 10 I) b t i o t >o» e*iN \llotnut l 'I r e i u i \ u u l p l ^ , t o t i l do Red ipts, n i t do ( ll l o m s do l n t ( i 'i i l K " e n u e , 1 o t ' i l i< I m )ii e i m s do ^oi I ' 1 M ( i i n t \ t I M (o \ < t c K] ( n d i t u n s of ( M A t i m l e ^ t e n p o r i l i o n s » r d e n u t m a 1 - ies* .' ii < ' d o l ( m , r n I U n t u > r p o i U i o n - m i u i lit i I M K > , \• - e \ ( p t m t i t . ^ r w , t o t I r il t - f d o l 1 i) u s m i >!< li ir< d sj.oi k t o t il <!o it ris i i m i I P C I d i n s t i l u t i o i s ( i n ^ l M L mud s( c k ) i»nl vl d o l I o u i s t o rMli >i'K d) lio i n 1 u o u s i i i T ' I ' d ' i ^ - . t m IT'S d, I n m n t i U u e u d othei U I K I 1 u»il li i n s m i l i.i <|< 1 M'otlKJ (>() ' - o l u n o n - , ' l u t a n 1 K i l h ^ ' i n ii 'ud s n > 1,1 i ( F u i, * - T i i o p e H * i) 1 ; p t t \ h<Id lor s m lo \\\ ( t t u i i-si N do i-.int»\ i s 2os 50 2 >') <1 ) do _. m 2H» 117 2 " i s>_> "J2 2i 41 791 - I 1 it n t it M I ' - K I I I 1v 1'ir , t ' 1 P M) f ) M h i o <o\t i tin 1 1 1 \ IT n ii- ir 1 -< n t iu m i I im r I P n i' i «i i i i n l t M Mi''tu> n \ \ nlli»12 t m i s | - U ' \ e v i . n ' i IJ i p i i n o b« i \ ' i M ' u T i l - ' n t \i 1 ^ i d.i ' u i n n i - ( o v u i n * tin l f o M i d " , i M " 1 3 M » b e n n n n c 1 9 3 9 '"or m t n n i n e Mh , ' ^r n n n il ( ' i 1 (i i t i b e ^ m n . r u ill< c t t . d J u h o f «.le< t u c 194u, s i \ L g a i e ^ loi J u n t it u f n » ' i i M l ^ o f i -9, t i b U 7 , > v l L« H >\n ne& E . F , i n d G . t h e s f n MIiruion-, a n d ( n d i t u idin Credit agontus (\)n>orition, p o w t r p 194 i i p l i m "\ i l u i s ( w p t s e r i e s Ci " \ \ l i n n i s < , t a t n ' ' i ( v s^ i ( in P i s o ] ' i n l i i p u , t l j o i^u« d s^ic m e h i I t s n i t t r n i s u t i >n m d other lending uTt m ^ SURVEY OF CURRENT BUSINESS November 1943 Monthly statistics through December 1941, together with explanatory notes and references to the sources of the data, may he found in the 1942 Supplement to t h e Survey S-19 1942 1943 Sop- August 1943 x October tenibcr cm- Dtcv v, brr February January HT March j April j May June July 11, 10,969 11, 289 3, 936 1,276 5, 757 441 14,146 4, 046 1, 271 o, 972 440 14, 706 i August FINANCE-Continued PUBLIC FINANCE (FEDERAL)—Con. j Government corp. and credit agencies -Con. j Liabilities, other than intoragency, total j mil. of dol..! Bonds, notes, and debentures: ; : Guaranteed by the U. S do Other do _; Other liabilities, including reserves- do _ _ j Privately owned interests do j U.S. Government interests do _. ; Reconstruction Finance Corporation, loans j outstanding, end of months t j (fraud total.'.'. mil. of dol..! Banks and trust companies, including j receivers.. mil. of doLj Other financial institutions do < Railroads, including receivers do ! Loans to business enterprises, except to aid : in national defense mil. of dol. _! National defense do j Other loans and authorizations ..do ; SECURITIES ISSUED 10,915 9,728' 4,081 1,274 5, 560 441 14,929 4,592 ! 1,4.45 ! 3,691 I 439 ) 9,234 ! 10,161! 9,803; 4,264 4,265 i 1,413 i 1, 404 4, 185 I 4,601 442 443 30,230 ! 10.281 ] 4,574 1, 434 4,154 439 9, 373 , 781 10,268 \ 10,345 j 10, 10.7JI 10 4, i i J 1, 3s i 4,301 • j- 2 ) 1 i 1,414 ! 1, I H 4,630 j ' in 439 I 10,931 I 13 -71 11 ' 110 12 2\)> 177 r •>Si, 4 i.2 3 it >) " U iS > 410 12, ?>so i i ' lit) 11, si 2 4, i.Jb 432 213 413 t), s l O V7.) 27 t 4«'i In 2 65 K 910 ' 749 13i) 4, 101 1, 3 Ji 6, 022 4 092 l 340 5 740 410 l i lss 15s 4U l«.l st . . 72 i, (loi 77') 2. 350 7 '8 446 j 169 . 416 1 413 424 427 07 L . ., ! j • si i,n U ^ d ^ i o s s pioeeeds, U)t \[ m i l of dol 13 \ tj p^s of sec iiiit\ . B HUK, notes, mil debentures, tot il do Corp n ale - <lo L'lef'nred stock . . do 'oiiimon stock _ . . . d > \i\ t v pea of Js-uers ' ' >rporite, tot U._ do . do lo Public utili*> , . - do Rnl do Othei (10 iles l i t e t i i d l h i i n c i i l <lo _ ' You corp n ife t >t il > 3 . i ) \) b (}o\oiniiii"it. do -4 ite and piu i u"ip il \ s\ Coiporate secuiit?, issjj ^ do i "kited net pioccds, lot il i'toposed uses ol piocu d1 i h \ w monm, tot i! 1 1> Pi mt and eci'iipmoiit Wot king cipit il >i > of d e b t Fu.id.'ld'bt OTP. t dtbt l'i ' i r m l stock a i d i t i n M U it >l . . . _ Otl • r p u j p o s t s " i t i D o s i d u s e s )>\ m ijor H U M I D - } 11,033 2, 059 2, 550 5,003 786 6,958 j 1,389 994 1,092 10, 279 1, 455 3, 733 | 1,015 936 11 01s 2, 059 43 0 2, 536 68 11 3 5,001 43 3 786 34 0 6,958 34 I 0 ! 0 | 1,389 9 0 0 994 1, 078 84 10,274 86 4 1,440 68 1 14 3,723 89 8 3 j | | i 1,001 62 12 3 916 86 12 8 43 46 9 9 0 0 91 28 59 83 18 39 14 21 98 61 22 15 0 994 944 50 (') 3 10, 188 10,165 23 1, 37? 1,335 37 99 52 1 47 0 3,634 3,583 51 j 38 2 0 2,016 1, 969 47 82 39 41 1 0 2, 408 2, 444 23 76 41 26 7 2 939 890 49 106 51 4o b 3 830 802 28 OS 42 80 45 31 3s 33 31 12 4 t 1 10. i*l 10,' o l ( and 1 met ml s o ! o 6,925 6,906 ' 18 ; 1,380 1, 240 49 8 49 96 88 81 97 ' 74 103 10 : 15 ! 1 1 0 1 12 10 39 6 32 9 3 6 32 34 18 25 ! 10 j 15 3 15 12 17 13 ; rl 735 17 8 6 49 42 1 7*.) 74 3 2 49 49 0 0 70 1 51 63 40 0 37 34 3 0 0 19 ; 2 | 10 o 59 33 27 50 40 18 22 1 22 58 1 33 34 1 1 2 2f 41 , j ( -il 20 0 38 23 6 : 4 d ) f 29 28 1 (•') ; 0 17 4 3 : 2 ; 8 1 3 29 13 17 1 1 ' 27 io; o 10 0 17 4 : 0 0 40 • 26 29 9 ! i i) o 9 : 0 37 8 8 21 15 5 0 0 10 lh 1.73D KM 1 Ji 103. 1 \A 20 U 9 s?" ('(i, <! 3 1, l 11." 0'M 2V 145 '«77 1\0-N"I 4 3 *)<) 1 ">0. 1 ". 700 37, t>77 37 t»77 20, 7 *"i 6, S> 0 ] D , 032 I t ' , •'«, ' J i) 2', 711 0 0, »»7O 2, 7'*s 72vi o 3, ^72 0 17, 3 2 " 7_ j >"i 0 H , ->*; ii {>, t ) 7 0 li>. 2 Hi 7**2 7! >2 > 1 , ' 7 2> (i 1-, i 7 '1 f> <»j in1!, t > ' '> si ' J"/ ' . 1 -> "2U 7. '2 o ', )';"> 2 l"> o) i 0 0 26 I 25 ri 3 H 7 7 i 2 2 v J 3'.. 0'.'' 21. lss 7»).si.- f^'H'3 t 1 '>",, I'l-K s l ' I ~ rock ltions," C a n ulian fiih(iiiii -1 ov u 'i! U t . ^ a n i t id<'d. e \ d " o t l n r f i n a i i ' 11 1 | I sub^-npti iibiru 1 ^su- oi I MI p u i Cot poi 4 \i 2 ! , and, included \2{l • U s i d ]), n d i ' u u 1st) c : t a i u builum^ oi 3 '" •" co\er- a l l n m o n iJ 3 89 79 8 1 0 IO 49 9 41 46 0 38 14 1 i 46 ! 26 7 o ; o 46 6 t> 46 ! 7 0 'ion 1 >in U, l o t , «1. too Si i") U. s 7 " i in. *,')') 0 a 1\ 1' i s , 122, 0.M 12?, "21 7 1 . 9(>2 31 5f' 3 3 2, t ) l i , 91 3 11 L) 43 ' 28 o< ,i)io(i> 1 »'(9 1\)2 •!t>2 l i . ^ ).32. 070 28. f'21 ;>? 4i0 0 11 t>"s 3 1 '».(.35 7S0 H , "11 H , 0 5f> 0 21 s " 3 '3 4 1 : 5 '> n il e n d .1 1-, s i n iJ] (i 157. 2 1 )^'l >2 , ; , ~, 221, 41, 11, 2 ( (, >' i (n) ) L 1 11) 10, l'H 0 3- ) M l i ' l -, n i l 77, S l i 13. 175 10, 7 " i ; is,' 1») ( ', 377 'M), 5i7 30, 5^7 19, 175 1, 023 7t US 0 ] >»,_ ill, 4S. 3 3.3 '100 470 !U S^ 1 I *>\ S {') »)3 3so IT) 75 7 2\ MVJ J i 1, 2s t^v<j 22 0 "»8 3 113. "o 7DS J 1.3 7t S 7nf 311 ! I s75 21, 3s 2 li 0 12 3 9 '20 V) 4 21. 119 3s 0 1 i *7l 3 i.i () i 4 ' 12 s {) "5 (13] '21.710 nu;Pth. K i<>] , ' 0 1 ) ! ) ' >hi aier.i ' , not s h o u n s i p a i it> ' v P I 1 "u 1 t ), i i i u t loans »\ p " ' i - p n p o r t m d 57P \\ 7, li i - bm 'Vi-'t] MI ilia h banks u „ s , H , tt i - i ' i s , n v p 1 u n - o I { U J L S jfici < i - If t l . i h t o } > u s i c- to a; 1 111 n s i ' i o - i a l (1 111 t'"o d i* i u n s t ' i r u \ i ^ u o t ( o i n p i l t d b y t h e >->(iiriU's 1ml i : \ c l n n t r e C urn ot y i 1912 pu> l i d h A t 1913 S h b b \ p i i l'il.i v n i . i > \ , d u i 1* i 1912 pu> li-iv d p n o r tto r h 1913 S u r \ ^ \ h u e a b o b . ( 1 i e \ i i dd 11 r<'\ib. v i il d e i g n s ^ " i 6 1 , 17 13, i, 1 join* M's i n ^ o ^ k ior<>" i n c l u d e s its m i ' *'',o-'n,POO ii s, |, t l > I ' d i , , / ! ' t ' i - s i t u i M o n o f R . c J i i s f m t , >on i l ^ u i c s loi b a n k s irMi 3 \pi in Uion o! 1 I 1V 191,. a 2". 717 " o * b ' r i oi i ) o i a t v . ' " , M d Tlie ler all , u K (1o'isi>r\ation ..«d a n ' M O I L / if mi tllOMs. n | d o ] T I'IUn v U . j i . o i ' u t s Jo) rr( d | " i s Mm i , 3 --' .<• a n d m n i i ' i i i i l is-ue! \ i mnii' i m HUP./ ti i mi •>;"k 'i 1J ( ipil, M ile, i ' S?i 3 s O t s (, -"(, Vi il, - faU , < U 11 l i \tti '»0.OH, v Vi Tin 0 7'\ 7 " n 7 " !~ .' , sir i 3, l _'s "5. s i 5", / ^ /(: \ W 5s, f.0h i in it, sL 0 S, 1 3o2. 3 ;6 57, 90-'i 57, 0 0 0 IL J> I ) 101 10 50, ( 2s Hi, _M I 0) 38 0 0 s3 7 615 s7. 395 51 t . 5 0 32. 702 2 2.0 Mu 192 11". 192 ',\ 417 ~ti sin 17 11 3 3 0 0 0 do do *OPU • IL i s M j . - l o i p i x l ' K t U > (.'-'•) •i rui i c p 8 8 0 [ do do tk.totil 1 i U' l a l ILOilfK M"u 1 v)l( ! | 1 1 Ch^oiiui'j M i m u jpal, t UU . ' c 1 oi e 1 -') li fuM-lpur U i jl DOIP 8 49 3 39 8 0 945 887 57 1.7 I"7 30 9 0 4, 958 4, 919 29 ' u i i i ' j s i -,UIH1, b v t \ pt of st < u r ! t V >t d ( > \v i p t il M ' 1 i< i i i n « L i u « tMoils ol d o l \ i u v 4 p i t a l , t o t il do P o n u s i H , tolal '<n 1 ( i l i i il a g e licit ! ! | ! ot do ' 1> «> < NOW 1110th 7 (1 > lit p i\ tui m of d e b t a n d r t f m n i i 'if < ! >,otk i'M> ot d o 1 K I'lro i d , tot il n e t p i o u i U do \ » \ \ mnil(\ «< } \i> (> i\ m a i t of di b t m d i e t M e m < nt oi si xk IP 1 of dol (lal 34 3 27 4 4 11 h'dusti uil, tut U net pi OK ( ddo New montv__ >hi Rep i\ m e n ol d ' b i l a d n ' i i n u n t ,\ ohKiv 111'! Of viol I'M jlic u t ' l i U , tot il iiet proc( < ds d 1 Com,ut 413 . 4 974 ! 766 ! s cunties and Unhang' Co'nni'^io.i j R<4p i\ m e a t 7, 540 ; - to piedel, a'.-i loan- and .UOM riptu id.-r tho of I ,'d< \:\ lioinc 1" m h \]\k> H inch arc in* lnd< d .11 ''o* her loans i coni]) ( uii( =;. a i . d airru ijlturfil fj^ institutions, mi1., v^f ] t t awrl'ible oi i\ rl lbl i - e ; t l n ro\\> d d ' t i t a i o a t p i ' d d 19H moatitlv :uoiai;»s for s< Wu d H ' H S, F( ( p. S 18 ol inos fut ' u b ( l , i - > . - M i • 11 m c i u d i loaii^ ai.d--nt>- S-20 SURVEY OF CURRENT BUSINESS Monthly statistics through December 1941, together with explanatory notes and references to the sources of the j data, may he found in. the 1942 Sup- j Seppletnent to the Survey i tember November 194 1912 ;M pfcinbi-i 1943 i>vtabei \"o\einber l>e<vmb.-r Juiui-u v ' Febi uw v an , ^tarcn * i Apid ^T M.i\ I June T July Auiiu< \ I \ WCK Continued SECURITY MARKETS Brokers' Balances (IN. Y. S. E. members carrying margin accounts)^ Customers' debit balances (net) ...mil, of doL.; Cash on hand and in b a n k s . . . . do ; Money borrowed . _ _, __ _do | Customers' free credit balances .do.._. • 770 520 770 320 -510 2."0 o43 100 378 270 320 250 oiO 610 • 070 290 2sO 850 32() 570 330 1C)7 629 331 550 330 530 340 490 ,)•!(; Houris Prices V ' i n i | i i u ( f ilUi ivd b o m 1 ( X Y - Y ) I ) >'n<s{ 1 ( . do I OK i- l <io M m d , i . i m d P o o j s ( , t p o t 1,101 I i H l U s H l ' l Ul lit It - il'<l i j]U l l i - h u<,dt r.boiKis (to) ] , u M i d i n i ij) M c d i u i r a n d lowu LI u h . C o m p o s i t e (",0 b o i . i l ^ . do i n d u - t m K (lo no-HJe ,< r u t , h e u i i h r i e - (J* bon '<io K a ' r r . i . K (20 b o n d (.» T>tl uilU I '1 )l)on. 1 l si do l>oin(siic m Micipils vi") I oi a - * do r I ^ T i ( i s n i \ b.ni'K . . do 8 \V s ( M ( ui it u s m d I \( h MI o ( oTijtiii- ion l o t .I on ill ii K i n d v ' 1 n u i « • M a i k d \ iluo - Tuo'is ol do] _ I u e \ ilue.. . . do On N< u 1o<k Mock 1 \ . " i i . _ V «»ki t -1 aluu . . no . 1 ,u \ il u1 . _ do f'< t) \ c ' l U ( , t ( t .1 r IU0U- GO\CIIITIJ< nt ^ OHu! ' I n n U. t 1)01 (sp u > . - - do _ _ His I'M s" 2" 127 l"i 117 { n"7 <.x 1 4t \ 1M 4 in 2 1 2 1 » 0 j( M 3 S "> *• so { 2'» i _* I 12" si,f, 220 ,24 (P in I1 il K i ^ u < « !^t<<i r u __ 1 J << I S ^ 7i ('O il id' 1 11" * M i l '2 0 Jps l'»> 112 « " )< \2> u K" 4 I * 11". ^ in«» 1 12S 7 10 1 ]po 5 iu 1 ' I 1(M l#ifi 71 2' l i ! 2 > 00 l 1>2, 2s") j«i) 101 U . ' i j 2 2 " », l.ii J- < I'M 11 ; »7 4( o ' 4 s 7 HO l'l> Jl> 100 " 12i i U . lit114 OS 1/ 0 1 7 1 t t(1 T2'j 1 100 ) ~"i,S';5 ''O 72 «j t) i 7 u j 'o I'l, 11 Io0 <s « • , 1 i0 i ill 4 1 M.» I 1 7,270 112 ]rfl " 112 1 2ifi, 1 1 2 12f>,0i2 -'' HS (,s, 1 0 > 11" {, " 1 J , u U "*J0 C i 71 s7 H-J 4 . . 0 2 M , 117 ( 10<i,f,«, 1*7 401.-J s^i 2 0 2 , /H U 1 i MJl i'2 <• \"i 17» '.!>,!<- )S1 1 . 7 7 J< " 2(i7 o ? ( 7 ue due, ill I - M I ( - > DOTIK ^iic . in'1 - . . 1 IJUUH . I t . ) M~2 "7 21't., 1H s",- 1 " u k i t \ J I U P , tl . ^ u » M _ . of dol ..do . . do . (>"><> sii M > ' > ! 1 2 2 j I;( muni'ip u\ { s s »«»» i~v) i ' l 1 ) . 1 1 , 1 " H> 1 0 ! t i ^ 1 <i) u * , J » I) Ot ' il uJ ' \) 2 l ll M Ml h2 0 . f 2 72!) ]"(! 7x no} -_ . d"> l)oni(>fu \h>i 1\ s s,n i, h 7" 77 J, -sS . do do I I 7 " 7 2 2 7 ,J ' " s 2t i 1 i ' H *' L<\ "'Ml 2, ( s ' s>) . or, 11 \ So, 7 , ' [ 7 s "»2" Sii , ,2 7^ .' 02i 2, i v K l i ( ^ t l ( ( O l j - 0 ! 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J Kiu-1/' 1 ; il 'I 1 MI n i p i M, - li s | U fi'H) t B mil i m p '.hi ^ 'X 1)L\ 1 p i\ nit in - I ) ! 1 2\ - t ' i- ^ i i _ i v i d - i 2 ^ / s of W ) 2 - T , t l u 2J s (^ i ^ \ u s , i ' i d Mie . p i i n c i p a l l y a s h u t ol 1 s< d i i d o i d h ' H ^ i i o < be p u b l i s h e d latei. 1 H a d t s n i i p i " <>n ol thf d i t i -t (•Revised - m e s . I h t n i n e i 1 dt A s f(. c o u ] ) o n w i t h 2 2 M a i s t o m it w \ i - l o ^ n u 1 i i'l . K I I u. ( 1 ,( < v < « i \ o t i > . If 2 0 [ i . [ ' i i th«* " f i i " u ] }> ii( 110 >i \ \ 2 s 1_ ( 11, I «l«i 121 075 112 i w" 212 072 3ofl ' » , 70 ("1 11 ' ^ io2 t 111 2 J. 7 1 i0 7 >i 7 . M< s no \ . do )7 ( t i " 21 l r l(», " t , ( | i)f d ) \ . «,' \ , toe ' ( l ( o >7 72 J 1 2 s o l t h e \ ( mu • l i c i p d s c > e t o n > 1 d ^i b ( r i i ' i i nn h O> L i ' • l > i i. , M t i -vti s n " i p v ( i n ! ( \ » t < J n n i1 \ R 1 1 i 1 ' > n 'I i(.t l '12 HId \ i ' . * ^ 1 - \ i i ti ' s id p i \ n d d i »- • • i M ,i . i I * • i ' , i > t ,- lt u , h t 111) i p n t i i o M i d i i i v " u t i>. i < i < \i v \ n i u i ' l f i i u o l 12 I ' ^ u i t ^ M i i " ' i - 1 ; i t - M I t i* f h be-,rmiii° ircli ;i i. L - oi i i n ' i u .u u i t u i u M 1^ 1" 1" ' ' 2 M J , 1^ « Li _ i _o i 1 . .ii Ii i , '-lulls i n l IK Ii»l2 a n 1 1 > I i. L i i l M > el 1 ! \ ' ' 4'» 71 _ -_ d h «. ! > n t - s ^ - oi i. i- muiiott l i k h ^ i , ! hi r h t M a y l'jl.i r ^ m \> \ > L * M P I\ u i i s t o m n o i 2 > u ( J i i v Vn it i n i t \ , t t h t « N ' i n i i h ' V p u l i ( t f i 4 p u " u i t < ^ u i v t ^ . t >Mnm w i t h 2 0 y e - u s u h < i d J ' J -Wi l l b e s h o w n t o n u i u n t y n a l a t e r i n - t ' \ n l -si:e. o i . t - i v s S-21 SURVEY OF CURRENT BUSINESS November 1943 /lonthly statistics through December 1 1049 1911, together with explanatory notes j and references to the sources of the j data, may be found in the 1942 Sup- j Sepplement to the Survey j teniber 19 i2 August Octo- X()\ VIT, December 1 ber tember I1 •'biu- I March j \ p u l ary Januai> July June May j August FINANCE—Continue d SWK RITY MAKKKTS Cojitinu-d Stocks Cuiiinuod I ' I K ( » C(iiuiri'n.fl Now Yoik T u n e s f,"0 slks ) . . i d per s h a r e 9»; 'ii InduMi 1 Us (25 siocksi . . . . . . »iu 2>: s7 Ii.Mlio.ids (25 s i o c k - ' . . . . . *lo . -•t'mdaid and Pool's C o i p o i a t i o n 'to. t> C u ' n b m e . i index (U\2 slks.i 1<)35 3U JM> h i iusiii-ils (354 s t o c k s ) . . •]<> ''7. "1 ,s<) 4 C a p i t a l uoods (1 ]<> s'ofksi do . Vs. ] C o n s u m e r ' s <j(H>ds (191 s ( O fks^ _<!o s7_ ,> Public udilU'es <?s s t o r k s _ . <]n PailiOrids (20 slocks . _ __slo •M.'i Oilier ISalieSH inks. \ . Y C . (19 - ' o c k s . . .1,1 93,6 i n e a n d IIMI :no msuianoo U8 stocks 19!5-3l< 10(1. 120. 4 >'i[< < (>eciiniies and Ku-h-niuo Commission^. 'J iA \\ on -ill ic-LMstoiod e \ d n n < j e s \1 n k e t Ndluo . . i h o u s . of .lol . .~:\ siu ^hates sold th-ni^nd*. . 26.32! On Now York Stock l-AChaiuv MitketvaliK' t h o u s of .],,] . f ( ' 7 . l i s 7 ^han ^ sold. . _ .thousands l't, 1 2 2 Exclusive of odd lot and t o p p e d -al<v(N. Y . ' l i m o O .. thousand^ U.W, Mi i i ' s l i c e d . X . Y S E.. Is.71! Maik( t value, all listed shates mil. ol do] Number of sluice lisied. . . . .milli'ijis 1. 4XJ YieldI " Common storks- (200), MoodvV peiccnt.. 4 ( > H.mks (15 stocks. _. . . . do. . 1 3 IndiisiiiaK • 125j stoiks) - - - . . . d o . 3 7 Insurance (10 stocks'* _ . _ do . 5. 5 Public utilities (25 ?tocksj <\o . Railroads (25 stocks' _ _ _ do Profonod stocks, hiuh-'itade (15 stocks;, Mandaul and Poor's Coip.. .p'-rcent 6, 5 10 126. 7!. 10 }3 2J.-V. 2t ' 21. ^1 51 j 12. M , 2C Js 71 2 76. 5 77 6 72. 7 '!•'>. 7 72 7 :: 0 2 77 71 j • ii 2 7 0 - 75 7S. 77 75. '•"•. 60. ' » 5 7 s 2 3 74. 2 1 2 s j,) i" 136, .i' "t 2 n , jij 6s ;. i\9. \ 7n 71,ii 71 0 US' 9 5s s ».. 1 ;- 7! 09. ~th 6'/.. 19 70 5 ] 71. 1 j r 98 s{ 7 77 ••: r-2,2s3 9 , !")(> 1 » 933 ', 13, !' 7 I 1 '.. 1 .! J !s i.\ t . 0 5 l! 171 )7, 7 IS I, 171 4 7 , 3 71 Js,sl2 7! M7J H. 4 1 1 1 . 7 ; 1, 1 " 1 • < M 5 s •, j 60 4 7 8 0 ; 5.0 2 75 | • 1 > •1. * ' 5 s 1 5 7.9 s 7,3 | 4.4 7.2 7.0 s. !> 4. 23 4.23 . ^ >7. 7r;. 86. 4 2 I 59. 7 , ~y 2s. Oi •" ' 5.'K "()'• 25 U>0 10 4.27 ! 0 Vj i'Ai 7 :i\ i :>7 J00 175 19, til0 '7, !i 84.7 | 211.517 11.903 7 ', ^ 22,1 5. 5 4 7. 1 5 5 5 t 7 8 T " \. 527,» 13 21. ^2 29! 3 ^^ 132, ;2 0. • ( » - 1 2 4, 131 U, 3 7 1 9 95 96. 7 99' 3 93. 3 Vs S K j 7 91.3 2 92..' 91 \> M 0 97 .. " 2 1 1"6 1. 93. 97(1 7^7 G'\ 0 U823. 352 44, v«4S ,SO9,313 41,t.7J 9.s. S O 1 6 9 . ]«.» 2N -13 \)s ion 9!, HID S7. ; , \f 0 1 7 <«>! (i (.1 '1 9ti 1 S5 (' 90. r 4 95.3 94. b 118.9 120.8 119. 1 92 { 114.8 6 >. oo» 861 1)91 ls,02f) 9s ;s ]69. Mi 27. S7 •j7 2 7'J. 1 93. N.U07 930,724 i 43,681 : 597, 906 27, 964 715,329 32,704 782,864 : 32,136 j 508, 868 21,227 ^ 44] 248 3 o , 5r>1 •i."), 0 5 2 23, 416 26,324 i 14, 252 l'», 1 9 2 A U . W 7 539 J, i 70 105.21 2>. J . * 02 8 112,7 | J s 1 !h 1. 170 1\ 877 J.4(>9 47,578 ! 1,479 i 47, 710 1, 489 4 v, 1 6 1 0 4 3 4 ' 3 (» 4 2 3. > J,4t.9 1 4 4 17 11 r 1 8 I 0 1 5 3 9 6.2 : 6.8 | 4 5 3 9 5.8 6. 6 4,, 08 | 4,08 7 0 3 2 2 »' j_ 1 t.V, » 7.9 4. 19 4. 7 4. 10 j 190 185 98 186 178 96 244 245 101 102 109 83 76 I ,<1 -0 , 'Ji \>'A. W. 90 S',<. 111.0 ! in ^ 12 1". ss. 2 91). > i 77 9 i , <i<7 .r *2l! 7"^ 2 M , * » M : . 101.9 '•2. 79 15s. 1 .; 27 3»> 157 ;sf> 2.-. 21 st I. 4 !8 M : s7 7 507, 1 in 7) . 7 ~\t : j s . '}. 1 7M 7 !J { Hi;.4 "•'• u 75, 15.3. 104, 7 100.6 •>Vj • I > 214.2 9 3 S «; 5 7 ss 76 22. rl . s J 117 21 t. A 73 4 J 3 8 5. 5 6.2 ; 5.4 6.4 4.7 4.0 4.4 3.8 5. 5 4.7 4.1 ! 4.5 3.9 5.5 l 6.8 ' : ^ 3,98 4. 27 ; 4.07 I i 4. 03 300 302 101 292 ; 289 99 264 268 102 334 I 334 ! 107 84 78 114 89 78 115 90 79 118 95 81 1 1 ! 3.98 •;*«' 3. 97 FOREIGN TRADE INDEXES Exports of IT. S. merchandise: Quantity 1923-25 = 100, Value ... do. Unit value _ do..._ Imports for consumption: Quantity . . .do... Value do.. _ Unit value . .... do... 327 88 199 185 93 ! 78 57 I 74 I 215 191 89 84 ! 62 ! 74 I 225 206 92 208 j 200 I 96 j 226 94 95 70 74 79 ! 59 ; 74 , 167 127 76 241 75 I 100 I 322 320 99 121 96 VALUF4 Exports, total incl. reexports thous. of doL 1,233,067 703, 096 Exports of U. S. merchandise d o . . . 1.216,387 696,245 280. 466 186, 323 General imports do Imports for consum ption do -. - 279, 305 184, 766 732,014 725,896 196,033 196,755 801,382 794,258 199,750 223,409 786, 860 780,753 168,079 186,715 I * I I j 873,145 r 730, 265 864,866 '723.562 358,787 228,214 407,417 245, 588 k 718, 528 |r 991, 641 k710. 527 k 977, 200 I 233,959 249,240 I 245,173 263, 992 ir979, 741 '1,084,514 '1,002,851 I»• 970, 334 •1,075,7871 '996,772 280,883! 302,239 | 257.891 I 267, 771 1 284, 959j 307,463 1,250,528 1 ,205,396 [,194,031 ,768 1 1,242,' 315,730 300, 286 294, 525 306,878 TRANSPORTATION AND COMMUNICATIONS TRANSPORTATION Commodity and Passenger Unadjusted indexes:* Combined index, all types.. 19 io-39 -100 198 i 187 1 203 1 203 ! '222 193 208 210 214 226 196 191 201 Excluding local transit lines do 201 206 ! 196 190 ; 207 ! 219 211 ! 203 205 216 213 '230 234 195 J 190 Commodity _ do 202 : 181 176 ! 193 ; 196 199 192 192 196 209 '206 207 ! Passenger . . do . 202 207 : 209 234 1 246 247 270 232 '274 279 226 221 I 284 386 286 j Excluding local transit line.. do . 286 ! 311 \ 335 341 276 | 284 302 304 '402 415 By types of transportation: 395 343 ! 351 i 319 1 379 ! 419 337 377 423 439 46( Air, combined index do 326 323 372 406 | 431 i 445 1 515 i 568 523 551 438 474 515 604 Commodity... - - do ' 576 296 301 i 270 289 | 298 \ 319 310 338 349 Passenger _ . do 224 236 i 286 365 Intercity motor bus and truck, combined 217 226 ! 220 i 199 ! 222 213 218 222 211 214 1 236 '231 index.... 1935-39 = KK) 23f 200 211 ! 205 i 209 224 1 189 I 194 216 203 216 216 201 205 For-h ire truck do 235 ! 232 ! 264 277 250 | 227 243 ! '322 240 301 Motor bus . - - do 273 244 33f 142 ! 149 i 167 ! 171 i 172 169 162 Local transit lines . do 1.73 168 166 134 175 147 141 ! 145 ! 155 i 134 163 158 r 162 ' 163 Oil and gas pipe lines . .do 152 156 171 163 1 6 0 '•• 218 224 > 211 | 234 | 235 237 Railroads, combined index. . . do 230 ! 221 229 240 253 212 257 209 214 ! 209 197 j 217 Commodity . . do 221 i 195 215 216 ! 222 212 228 231 304 i 289 376 Passenger . . do 317 j 347 ! '447 296 | 314 339 336 461 372 432 84 Waterborne (domestic), commodity do 81 ! 68 35 i 65 29 ! 34 82 77 42 47 78 87 Adjusted indexes: * 187 Combined index, all types. . . do 209 ! 195 1 190 ! 194 214 213 218 194 208 211 '220 194 Excluding local transit lines do. 192 197 j 216 1 198 ! 214 220 r 225 202 ! 202 200 216 224 221 185 187 ! 191 ' Commodity . . . - do 184 \ 198 199 ! 187 201 204 196 '206 187 203 Passenger . do 194 203 ! 227 ' 210 ! 218 239 242 ! 265 262 218 250 254 ' 266 Excluding local transit lines . do . 248 271 j 285 : 335 j 365 307 295 302 358 '364 360 326 351 By type of transportation: r Air, combined index .do . 296 313 i 426 323 ! 356 407 ^388 ! 409 '384 -396 376 ; 348 '415 372 407 ! Commodity... - do . 421 ! 454 515 | 523 481 i 604 451 520 ' 576 568 551 245 251 Passenger do 293 258 ! 309 277 332 304 1 304 292 309 306 294 r Revised. % For revised 1941 monthly averages, see note 2 on p, 8-20 of the April 1943 Survey; revised monthly data for 1941 and preliminary revisions for January-June 1942 are available on request (figures beginning July 1942 are shown in the September 1943 issue). * New series. For data beginning 1929 for the transportation indexes, see pp. 26 and 27, table 5, of the May 1943 Survey. S-22 SURVEY OF CURRENT BUSINESS Monthly statistics t h r o u g h December j jn^a 1941, together with explanatory notes ! and references to t h e sources of the [ • ~ d a t a , m a y be found in t h e 1942 SupSepp l e m e n t to t h e Survey t ember November 1943 1943 October A Xo\eir ber Dm-m bor January Febmaiy March | April \ May June July I August TRANSPORTATION AM) COMMUNICATIONS—Continued TRAN SPORTATION—Continued Commodity a n d Passenger—Continued Adjusted indexes*—Continued. Intercity motor bus and truck, combined index...--.--.-.-.—.---1935-39=100.. For-hire truck . do Motor b u s . . . . . - - . . do-.-Local transit lines .... , do... Oil and gas pipe lines . do Railroads... . ___do-.Commodity.. _ _. do Passenger.... .. do— Water borne (domestic), commodity.. do . . . 201 201 227 147 146 216 206 294 61 198 196 216 149 142 211 205 204 62 210 209 247 147 149 221 210 307 57 233 225 232 154 150 214 199 328 66 216 199 271 165 148 214 201 318 66 225 206 289 166 150 234 220 345 14,773 18,071 153 157 230 213 285 166 160 243 224 388 69 217 194 292 167 228 214 275 177 '222 r 162 ' 169 245 226 396 62 236 213 416 63 r 172 ' 251 71 228 212 282 166 154 236 220 364 67 14,295 14,306 15. 363 15,803 16,084 67 78 68 145 53 7 si)»)0 " S(M,(i 1 100.151 1.25K32M 94,24* 'H1.356 7.S060 1,239,428 93,600 7 80(10 1.147,971 S7, 326 126 132 193 122 130 113 56 59 135 124 135 193 117 138 98 55 50 132 130 145 189 129 112 90 .s i 48 137 130 144 189 133 131 92 62 56 138 132 133 183 138 124 105 63 106 143 - 135 - 135 135 ' 139 115 ' 138 184 130 138 102 57 202 17s 135 145 113 61 193 144 187 133 142 211 20^ 215 115 11 .1 221 205 310 63 217 201 267 181 180 249 226 421 65 16,315 16,469 16,579 64 68 64 207 ' 269 184 229 ' 416 Express Operations 12,106 j 12,922 13.319 Operating revenue.....-.. - t h o u s . of <iol__ ]_ 56 77 I ' 88 0 perating income... — _. _ . - . - . - - do j _.__._ Local T r a n s i t Lines 7 ov;o Fares, average, cash rate . —-cents. _ . 8004 7.8060 I 7.8060 Passengers carried § — thousands 1,205,969 1,037,054 i 1,059,727 ], lV>2,86s S.I, 257 78,399 ; 78,782 Operating revenues. ___ ..thous. of doL_.._______ Class I Steam Railways j Freight carloadings (Fed, Reserve indexes): I 150 152 '< Combined index, unadjusted-1935-39=100 i 151 (36 138 142 i 152 Coal .--.. .. — . - - - - - . d o - - | 175 184 I 180 193 Coke...._._--..-. - - — .. .do..-. 158 173 167 : 150 Forest products.. .... — -...do. —-J 139 153 129 139 ; Grains and grain products..- -.-.._. do.... I 151 135 I 169 Livestock...._._.._._- — _______do——! • 101 57 i Merchandise, 1. c. l._. .... — -___do._ — 66 58 260 3 (Is 304 ; 314 Ore --___do—-_ J 52 162 154 163 Miscellaneous . . do— - ' 140 140 • 1 10 Combined index, adjustedf..-.. -do—— ' 141 , 152 136 138 142 Coalf - .---do 195 ls2 184 186 Cokef .do-._ 139 HM 149 154 Forest products -do. --~ 137 119 124 139 Orains and grain products!--. .do 114 106 102 Li vestockf . . --do no 63 56 55 Merchandise, L c. 1 -do 190 20t> 209 203 ' Oref.-. —-_ — d o - r 150 143 ' 150 Miscellancousf — _ do~--' loO Freight carloadings (A. A. R.):J 4.512 '3,503 3, 546 Total cars -.._..___.---thousands._ '660 : 837 706 Coal.™-...--... do-71 56 ; 59 Coke_ - . — —...--, -- - - do - - -. 244 199 ; 179 Forest products . . do - - - 247 188 ! 209 Grains and grain products do 1M 118 71 79 Livestock _ — -_.— . „ . - — do M e r c h a n d i s e , 1. co 1—— — — ._ do —— O re do — — M i s c e l l a n e o u s . . - - - - - - - - - . _ —— ..._do...— Freight-car surplus, t o t a l — . _ _ _ . _ . _ . _ . . . d o - . . . Box cars __._ .-__ — . _ _ . - _ . . _ d o — . . Coal c a r s . - . __ — — ..__._ — . _ . . . d o —.. Financial operations: Operating revenues, t o t a l . - — — t h o u s . of doL Freight'— __- — _ . - . - _ _ . _ d o . . . _ Passenger..___________ .___-_-_-__—do-_-_ Operating e x p e n s e s . . . . . — - . . _ - _ - - - - - - d o . _ . Taxes, joint facility a n d e q u i p , rents._do—— N e t railway operating i n c o m e . . _do.___| 399 346 1, 568 20 776, 539 576,092 146, 727 478,074 188,290 110,175 Net income _._._._-.._._._..._._.do...-! Operating results: | Freight carried 1 mile— ———mil. of tons..! Revenue per ton-mile. _. . _ _ .cents. _ I Passengers carried I mile — __..._ .millions.. Financial operations, adjusted: j Operating revenues, total._. mil. of dol...'< Freight _.__._._. — _._....do Passenger ..... ,_. ..do _.. Railway expenses _. ._ — -_.-do..... Net railway operating income.. — do . - Net income...-._._...,._._-_..._ do . . 301) 3"> 2 I 60t> 59 40 5 i 683,807 537,412 103,463 399, 292 148,586 135,929 89,243 61, 934 .941 • 5,500 ; .917 j 5,395 1 668. 9 I 534.2 i 92.3 i ' 538. 7 i '130.2 81.6 Travel Operations on scheduled air lines: Miles flown —-_ — ._tnous. of miles..; _ — ._._._ 8,451 IfExpress carried.___ . - _ . _ „ t h o u s . of lb 3.927 Passengers carried_. .__ —— — —number—! — . . . . _ — 283,145 Passenger-miles flown ———thous. of miles J 127.393 Hotels: ' j Average sale par occupied r o o m . . . - d o l l a r s . . 3.96 3.74 86 Rooms occupied —--._-_...percent of total.-] 75 Restaurant sales index „ 1929=100 — 178 143 Foreign travel: 17. S. citizens, arrivals.--...-. number...! . 7,031 U. S. citizens, d e p a r t u r e s . . . . . . . . . . _ _ _ d o . , —; ... 5,005 E m igrants — _._,_ .____. _ .do — — j . — -_ — . 344 Iintnigrants — . . . » _ . - ._„ — . _ . . _ ..do -„..,! 1,932 11.635 Passports i s s u e d c ? - - . - . . - - . . do... ..j ... National parks, visitors___...._.. . do ! 97,667 330,540 Pullman Co.: | Revenue passenger-miles . . . . . t h o u s a n d s . L __.. — . 1,843,326 Passenger revenues thous. of doL, -_-. 9, 63S i ' : i I 697,792 ! 546,791 I 104,971 399, 706 r 143,023 '•155,063 105,190 62,405 i 662,6 517.9 100. 4 534.7 127. 9 58 190 * Ho j I ! ! 10,393 4,400 423 2,336 ! 19.128 •- 184,993 | 3 37 139 117 59 189 r 93, 720 7.8032 7.8060 7.8032 7.8032 ' 7.8004 1,220,211 1,247,526 1,259,983 1,241,051 1,213,353 93,371 94,944 92,325 92,566 96, 560 312 147 ' 135 ' 127 ' 141 ' 140 133 186 138 140 118 62 163 61 193 150 172 97 63 323 147 ' 136 117 143 123 101 62 269 145 132 181 138 140 112 62 163 143 100 166 140 137 113 63 192 146 184 150 143 113 64 202 145 191 148 147 117 63 208 146 * 145 ' 145 2. 834 3,531 3,056 3, 073 3,136 649 612 57 148 176 63 340 66 790 164 168 78 356 230 705 60 160 203 51 370 55 706 60 164 187 52 389 63 666 59 169 173 58 397 95 2, 162 I, 534 1,371 1,698 1,453 30 17 68 35 20 67 35 20 41 19 9 35 15 5 53 28 14 745, 584 587, 612 108, 322 416, 430 144,439 184, 715 135, 538 690.108 534, 762 108,060 406. 389 134,770 148,949 111,310 702, 995 531,918 119,151 431,873 100, 271 170.851 137,101 671,334 514,316 111,725 424, 201 141,829 105, 304 62, 980 66, 019 .946 5, 508 60, 464 .939 5. 663 58, 356 .967 6,314 58. 929 .934 5,914 660. 8 501.9 113.0 533. 3 127. 5 80.9 722. 5 553. 5 120. 4 563. 2 159. 3 120.3 3.73 3. 70 SO 135 7,902 5,190 463 2.147 14,667 76,659 '144 708.4 551.0 109. 2 553. 6 154.9 109. 3 ! 3. 631 21 »2. 02 5 W. 308 3. .">•» 71 132 7. 171 .".. 077 5!)'J 1.9! 5 8. 095 •\ 152 II, 173 v». 217 51,976 J 1 . Mi.1 1,925,459 1.961,986 1.006,714 .869,952 10.169 | 10, 444 10, 052 j 10.080 ' 144 172 237 66 421 710.4 553. 8 107.5 576. 6 133.8 92.0 1. 452 1,519 » , 142 i t. S79 398 1, 782 11.628 13.211 179 146 146 178 r 142 4,150 792 ' 146 1,551 30 11 4 72 705 58 193 226 62 403 356 1,886 1,515 * 145 3. 554 842 68 224 295 65 484 444 457 50 176 189 48 386 329 1,920 64 4,307 3,151 71 221 222 72 488 364 145 145 183 150 158 111 24 9 4 7 35 16 6 49 21 5 18 34 663, 534 513,191 107, 224 408,459 148,942 106,133 61, 819 756, 251 585, 252 121,448 449, 440 177,163 129, 647 84, 651 748,798 570,136 127,915 442,149 179, 590 127,059 82,901 759, 331 573, 788 133, 581 454, 362 176,800 128,169 85, 732 747, 365 549,134 147,294 451, 946 185,764 109, 655 70, 626 791,196 582, 497 156, 628 466, 658 203, 927 120,611 ' 82, 278 800,233 585, 644 161,971 467, 288 208, 384 124, 561 84, 472 58,102 .943 5, 668 64,686 .956 6,482 62,947 .966 66, 528 .924 7,008 61, 339 .948 7,813 68,193 '914 8,342 68, 9.50 6,715 739.9 560. 4 129.5 615.9 124.0 81.5 766.7 578.4 138.0 623.1 143. 6 101.5 783.0 587.3 145.6 623.8 159.2 118.0 749.3 557.1 142,2 629.3 119.9 760.9 567. 5 139. 7 652. 5 108.4 '67.7 778. f 582. 1 144. 4 663. 2 115.4 74.8 8,881 ! 9,303 743.7 576.1 117.6 591.0 152.8 • 111.2 7. ;,IH 7. 585 8,127 ; 8,288 : 3. t>00 3.619 4,320 i 4.816 20\380 233,049 265.175 i 280.914 101, 111 ; 110,983 ; 124,256 i 132,985 131 137 132 132 100 162 145 140 86 63 297 146 3, 236 ; 8,099 ; 8,408 . 7,777 ! 4,375 j 4,341 \ 3,97? j 273,022 ! 273,162 I 210. 7n1 ! 125,327 j 128 329 i 112 4ss 3. 70 78 131 132 184 7. SI 161) 1,254,163 460 373 347 336 1,647 43 28 r 4 140 139 186 138 123 144 59 206 150 136 139 186 140 126 • 3.66 82 136 : 6,969 ; 5. 527 480 1,504 12,679 14.638 • 3.56 I 83 i 140 : 7,285 5,178 336 1.815 12,178 17,751 | ; ! ! ! 8.323 i ; 78.0 8,410 | 4, 549 j 4.834 i 5, 261 ' 5, 335 282,103 | 297,760 j 320,096 •• 338,059 133,267 i 140,746 i 150,014 ! 156,873 3.86 ! 83 ! 156 | 3.55 85 ! 162 i 9,693 i 5,461 ; 385 ; 1.933 ! 12,772 i 32,270 : 11,601 ' 5, 361 336 2,177 10,334 45,660 3.70 S 84 ! 174 I 3.66 I 79 : 180 I 4.04 86 200 12,709 ! 8,215 i 6. 848 6,238 ! 5,459 ! 4, 326 500 ! 563 ; 382 ; 2,152: 2, 192 2, 320 9,564 i 9. 700 11,763 67,345 ! 135,407 148,957 ,036,175 :1,849,643 2,091,358 2,126,103 2,105,321 [2,186,161 2,192,301 2,364 069 11,018! 10,151; 11,511 j 11,627 j 11,797 | 12,132 | 12,007; 12.904 S-23 SURVEY OF CURRENT BUSINESS November 1943 \fontlil> htatislios through Decemhcr 1911, together wilh explanatory notes and references lo the sources of the data. iiia\ he found in the 191-2 Supplement lo l\ ^ S urvey jqrt 1912 M'Pteinbrt 1913 M'p- >( k'>m" tembcr TRWSPORTATION b 'wlU' ^i""" , -March V )ril Ma J > | JllIie I Jli1 ^ j August \ M ) COM.Ml MC \T1O\S Continued COMMUNICATION S | .Telephone carriers 1 U p d a t i n g RnenuesUiou^. < i dol > Station revenues do _ 'Polls, message do Operating expenses do Net operating income do Phones in s e n ico, end of month . ihou^ lViegraph and onbW earners Operating revenues, toiai ihou.-v oi dol *1 eleuraph c a m e r a total do Western \ nion Telemaph Co.. re\ e m u s irom cable operations 'hou-.. o! del (.'able carriers do Operating expenses do Net operating revenues do X»*t income trans, to earned surplus do Radiotelegraph carriers, operating levenues ihoiis oi dol 19,s7i 22, ) 19 142. S»Vt v2. ;.07 l\lf.l <s9, 200 2 2 ! s i t . ' 20, .537 22. 2 s i 22.146 1 1. 2s2 13, 254 14 617 13. f.O(i 78, 97.1 ' 15,278 M> sirfi 712 1.02S S ], 932 1,031 ' 100 ' 991 13S.015 , SO, 113 4."-), Osu 14,956 110, 417 1 Ik ls3 SI, 570 50, 7'W) if) 506 X7.MI0 i •»7, HI 24.310 21, o\S 22. M l t, 2,"0 15,970 11, M>7 1 H». uhS I 12. :>7h S3, M0 s2, 125 '>U, 271 4s. 2s6 90.310 • S7, 591 ' 21, 147 ! 21,29* 22, S3: i 22, 947 i 1. 2."3 ' 13. ],> 13.663 12, 729 150.3 52 85, 2s7 , 53.122 , 93,7s3 , 21,090 23, 121 15, 7t.H 1 \. 077 ; 1, 01 > s 11,912 12.17!» !,33f. si 2 MtW i 099 U.b25 1 237 65s J.XO.i 13. l v j 1 927 i.007 793 i 931 11. I l l il,70'2 ' .'3.") 199 f 092 , 117, 940 S4,941 51,144 92, S97 21.009 23, 285 1 d>,023 149,989 ! 84,733 | 53,089 i 96,127 | 20,791 23,408 | 149,020 85,561 51,841 96, 624 20,098 23, 510 1 16, 234 » 14, 997 - [ ! • 12.K)5 ' 1,072 712 - 933 | 934 I 1,257 I 1 1.237 I » 12, 101 | 1 12,409 i 1 1,951 fl S24 ! l, 323 1,116 1,033 16,459 15,253 152, 523 152, 548 84,426 81, 501 56,253 56,373 98,439 97,502 21,240 20, 758 23, 595 23, 685 1 16, 792 « 16, 750 ! 15, 563 15,553 1 5 890 ! i 955 976 , 1,206 ;;s i 1,229 1 i 1, 198 12, 673 13, 502 14,886 i ' 1,821 ! 1,310 397 364 1, 008 1 1,105 1, 103 CIII;\IK;\LS W D AIJJKD PRODUCTS CHEMICALS Methanol, prices, wholesale: Wood, refined (N. Y.) _.doL per gallon 0, 63 Synthetic, pure, f. o. b. works do ..' , 28 Explosives, shipments thous, of lb _; ; Sulphur production (quarterly): Louisiana. ......_......long tons..! 189.380 Texas -.. do . . . ! 426, 052 Sulfuric acid, price, wholesale, 66°, at works j dol. per short ton J 16. 50 0.5H .28 41,709 .... 0. 58 .28 42,571 0, 58 ,28 41,407 0. oh .28 41,477 ' 148,570 : 739,665 16. 50 16. 50 0. 5S .28 30, 626 0. 08 .28 33, 392 0 •>> 2S 28 6') 2S2 iu 151 0 t>3 0 bi 28 if), s')3 2S 36 570 147.850 645, 380 16. 50 16. 50 139,"05 "i2;. 106 172, 9 tf 191 ()7(> 10. 50 lu 50 1»» 50 0 bi 2S 12,020 lt> 50 FERTILIZERS Consumption, Southern States thous. of short tons _ 251 1,325 1,281 169 800 387 : 117 87 ; 140 Price, wholesale, nitrate of soda, crude, t. o, h,, 1.650 cars, port warehouses* ... dol, per cwt 1. 650 1.650 1.650 1.650 i 1.650 ! 1.650 1. 650 1. 650 1. 650 1. 650 1.650 1.650 1. 650 Potash deliveries short tons . 59,371 | 56, 439 , o9, 84.6 ; 54, 855 67, 876 56,586 , 64, 616 01,637 61,310 32,543 • 67,006 ' 59,250 | 57,471 Superphosphate (bulk):f Production - - -do .. ._.. „ 501,592 \ 574,721 i 554.067 ; 547,576 • 571,369 ' 577.842 577,281 I 611,773 560,346 ; 585,937 i 580,139 555,477 I 608,427 Stocks, end of month . <lo , t,070,785 ] 1,296,529 •1,271,890 1,197,472 -1,148,688 1.143,446 1,025,992 843,764 610,744 591,127 ; 737,004 813,074 i 849,497 NAVAL STORES ' Rosin, cum: : Priced wholesale " H " (Savannah), bulk i ' doL per cwt J Receipts, net, 3 ports bbl. (500 lb.) J Stocks, 3 ports, end of month. do ..... i Turpentine, gum, spirits of: : Price, wholesale (Savannah) f. doL per gal . Receipts, net, 3 ports '. bbl. (50 gal.); Stocks, 3 ports, end of month ...do j 3.95 , 66 2.91 $5,415 45, 937 3. 30 24 . 713 250 ,079 3.50 18, 922 263, 434 , 5^ 10, 421 39,821 . 60 9,290 45 . 705 . 64 6, 474 49, 525 120. 265 213 963 Vis. 5 '7 137. 997 220,217 -51!. VJ6 136, 621 223. 717 2b9, 713 16. 215 11 313 U)7 7s7 12. 5 Itt 12, Os»l 104.02* 51 239 k" 0s 1 ! 132 15,310 27,291 17s,'217 11, 20. 207, 1.V1 . 16 i. 43 20 , 108 19. 132 267, 144 ; 277 5 it; .64 6, 047 913 51, .04 t' , 806 H. 50 7.817 276, 791 .64 ,900 2,102 57. 627 in, lt.fi 290. 597 3o»; OIG 114,315 263, r->t')0 2D5. 350 3.57 ! 3.48 j 3. 50 ,572 | 13,437 ; 7,728 ! i 265,912 | 25] ,799 253,134 3.54 17,992 249 ,087 3. 55 19, 719 246,127 3.73 17,587 221 ,988 4 .00 16, 748 202, 298 .64 5,892 54,095 ,63 8, 035 58 ,481 .66 10, 508 66. 518 .67 15,012 79,784 .67 9, 239 84, 851 H I . 060 100,668 223,448 ! 276, 540 308,14S 307,190 94. 700 269, 652 359, 464 81,434 274, 402 95.052 256, 596 375, 404 398,998 .63 i 1,105 { 55,071 l .64 1 1.548 ! 51 .321 ! OILS, FATS, AND BYPRODUCTS ! Animal, includingfishoil: Animal fats-J Consumption, factory _ thous. of lb Production _ -. . do . Stock, end of month . do fireases: j Consumption, factory . . do Production * . do Stock-., end of month do Fish .nls:i Consumption, factory, , do 1'roduction . do Stocks, end of month . do YeuetaMc oils. totJiirt Consumption, crude, factory mil ui lb Producuon . . „ do Slocks, '-ud of mouth Crudi do Kenned <lo CtK'onut or copra oil p ihoiis. ('null' K.-tund 14 17s 219 10 026 2Ls .55* n, 333 i: 1 2 s, n 5s 2 59 118,521 210,021 290,45S 57. 593 15, 136 01,067 15. 023 *7, 4<>0 59, 857 16,031 si, ISO •51,158 47. 807 51,770 57, 890 49, 873 82, 475 45,419 49,310 100, 480 47.851 101,138 12, 4 S3 736 197,053 15, 326 1,169 195, 551 21. 965 2. 637 177,148 21, 5*9 12,767 158, 764 13,838 14, 776 155,910 16, 547 24, 120 148, 845 276 27 t 293 270 225 220 261 258 7SS 400 749 359 734 287 Is. 970 s, 15s 21.801 32, 072 9.522 i\ 599 107. 101 ')<i, f>s;-s 373 ^3 Hit 6. 120 201. Mj 4 4,301 201.701 Ti.' 3i2 402 35!) 311 352 313 321 922 43s 967 lit. 923 13S it, 815 20S, 419 s3 4 299 764 U2 11 7H' 50 912 10s 57U U0.U71 237,931 29«, 9ss i)14 40? 15. 101. 9 If. 312 132 212 72t> 10s, 7. 15 215 7 PJ % i. 1 \2 13,890 7. 117 .J. 123 7. I2'2 3. S5U m 7, 31 is 3, 690 'I. " 9 ! "). 0 ' 9 4, 885 64, 340 S-24 SURVEY OF CURRENT BUSINESS Monthly statistics t h r o u g h December 1941, t o g e t h e r w i t h e x p l a n a t o r y n o t e s ; 1943 a n d references t o t h e sources of t h e \~ d a t a , m a y be found in t h e 1942 S u p - j September pleiTient t o t h e Survey N o v em b e r 194 3 1943 I aim- j Februar\ | ary March ! April j May | June July j August CHKMICVLS \ \ I ) ALLIED PRODLCTSContinued OILS, FATS, AND BYPRODUCTS—Con.' Coconut or copra oil—Continued. • .Production: Crudet thous. of Ib Refined -do Stocks, end of month:t Crude . do Refined do Cottonseed: C o n s u m p t i o n ( c r u s h ) . t h o u s . of short t o i ^ 4, _NJ U s . 1.02 ( J) i, s2J 'Mil 2. 370 V. Ill 12h 7 3') 7, 2U * f 2*> Vif* ,K'2l 7, 472 lob I1J 17, 71J 3,0(»S ol 7 ' 2 4,18* i l 071 1 . ]<•'» 7, 2 1 3 171. M\ 4 lty IK (.73 3 181 1S8, 1 M ! _ 4.417 j 30 ; n)7 759 332 01 4S1 ',.317 1 16. A{\) '39.853 93, «js« 37,431 o7, 569 36,258 ].«\i lit)! 640 by] 472 OoifcSI 11'.. 702 26. 1 o2 131.575 25,1^7 112,241 lo (>2i 140 59" 140 119 7(»»> 318.303 .140 89,83(. 299,817 71 I 3tu ' 1,00] Mi Receipts at mills..-. do l, r > >> 1 Stocks at mills, end of m o n t h . . . . . . . . . do , oni 1.711 Cottonseed cake and meal: 3.30 025 Production.. _. . _ _. short ton*229, 5'JS 317 5 ^ L'y 1.022 Stocks at mills, end of m o n t h . . . do . 48, 512 92, (>72 117.77s Cottonseed oil, crude: 29, 383 r l t . l , 4t,9 217, 10* JU), SHJ Production _.. thous. of \\> 152, Snl Stocks, end of month .. do MI. X'ji 157 M y 28, 7Mi "J2, 203 157,212 Cottonseed oil, refined: J JO, 952 IA\ 377 119, 374 1 17, 109 Consumption, factoryJ_.. do 15, (.12 V>, 12«, In oleomargarine_ _ _ 1 - -do . . 11.312 21,d35 13 Jb7 Price, wholesale, summer, yellow, prinu no . \?7 .140 (N. Y.)—- — dol. p e r l h .110 Production . _ thous. of 1 h yo, 451 •U, 42b ' M 751 If»*», 591) l M . ' h t i 171 459 2(11,427 2.-4.71^ Stocks, end of month _ .do - 12t>, 583 214 t._2 Flaxseed: Duluth: 2, M(. 5J7 366 Receipts..... thous. of bu .-5, 173 828 : 236 s 2, 398 887 Shipments __do I 1,899 750 1,665 ! Stocks . do j 1,701 379 j 916 2, 304 2, 066 1,437 I Minneapolis: ! j 5,564 744 Receipts do ! 8, 982 5,438 \ 1,320 ! 5, 678 ; Shipments do 855 '554 i 110 483 I 252 ! 465 ; Stocks do 3, ] 59 2,734 2,780 ; 2,535 \ 2, 269 Oil mills:}: i Consumption . do ! 4, 445 3,899 i 3,778 3.993 I! 3,817 Stocks, end of month do j 5,467 ! 10,347 11,938 11,254 !i 11,682 Price, wholesale, No. 1 (Mpls.). .dol. per bu..! 3.05 2.56 2.40 | 2.43 ' 2. 46 2.43 II Production (crop estimate)._.thous. of b u . J « 51,486 i 2 40, 660 Linseed cake and meal: i Shipments from Minneapolis._thous, of l b . J 53,040 34,200 j 54,640 [ 47,240 56,820 ! 64,740 Linseed oil: | 40,198 i 40,879 Consumption, factoryt .-.do I . 44,407 j 46,726 ; 44, 383 Price, wholesale (N. Y.) dol. per l b . . | . 153 .134 I . 127 i .129 .131 ,136 Production! thous. of lb_. | 77,045 ! 73.569 72,023 I 84, 785 76, 308 Shipments from Minneapolis do ! 31,440 25, 560 j 27,780 22,750 I 24, 850 21,850 Stocks at factory, end of m o n t h . . . . . . . d o I 230, 252 j 242,879 i 273f 101 291,212 j 297,244 Soybeans: ! Consumption}:.... ________thous. of bu__l___ 8,145 1 10,058 I 6,218 | 6,081 j 6,893 Production (crop estimate) ______ do ____ji 206,868 :2 209, 559 ! Stocks, end of month do____j ..... 34, 938 5,931 35,356 1,120 I 25, 213 Soybean oil: j Consumption, refinedi . . . . . t h o u s . of lb._! .... 49,691 I 53, 608 58, 478 63,940 I 60, 393 Production: j Crude t ... .... ...do J 57,413 75,393 i 92, 326 55,389 ! 64, 451 Ren ned . .__.__-__do S . 62, 407 58.061 ! 65, 414 60, 879' i 55, 435 Stocks, end of month: Crude ..... do___ 62,268 83,416 68,896 ! 52,456 j 51, 364 67,761 ! 55,134 j 51, 234 51,476 57, 080 Refinedt-------------__._do-... Oleomargarine: I 24,379 ! 29,537 I 35,403 ; 39,371 42,151 j Consumption (tax-paid withdrawals) §.do..__ I..___.._._ Price, wholesale, standard, uncolored (Chi- j .150 I .150 i .150 I .150 i .150 I cago) dol. por lb__j , 165 Productions thous. of lb. J . 38,495 ! 39,604 j 46,283 ; 47,635 I 42,099 Shortenings and compounds: j j 96,229 | 117,915 i Production.. . ____. do. ___!_. 125,918 158.107 130,336 41, 142 ; 37,853 | 42,648 | 43, 583 Stocks, end of month i.. do L._ _ 50, 953 Vegetable price, wholesale, tierces (Chicago) } .165 • ,165 : dol. per lb'__i . 165 i t 05! A. 151 2.3 4 912 7 5 . * ><> U7 25 177 131 31\ ! 11,437 8. 952 664 211 153.142 3,682 >, 275 ; 166, 2. 1,908 ; 4, i: 92 : 18 : 103 61 47 90 133 391 349 ;, MI ; 41, < 29J 5b, 978 29. 241 ,593 364 : 523 : S 768 I 40,010 ,825 i 32. 588 93, 7<>3 o jii7 82, 858 I 736 i :, 318 107.654 •,051 : 20, 650 .14(1 65,(»77 266,5r>7 140 ! 797 462 ,140 i, 620 ', 0S1 .140 27, 839 339,909 l2A, ]\0 151,4(6 o27, hit* ),078 . 5,300 940 | 24 i 2 ; 963 I 10 ! 0 ! 972 | 104 ! 173 : 904 ; 252 : 329 827 252 547 532 32 515 49 522 145 ^426 581 i 186 ! 1,865 1 627 i 165 | 1,288 | 1,265 \ 305 I 871 ; 1,311 I 113 i 868 813 i 333 i 412 I 680 117 97 632 "1 51 3,713 | 9,000 i 3,582 I 0,746 i 2.97 i 3,383 ! 4,910 | 3.17 i 3, 264 3, 584 3.21 3,713 i 2,389 i 3.05 I 3,109 3,815 3.05 : 4! 988 '801 100 r ' 3! 515 10, 133 3.02 41,520 \ 45,180 | 32,820 ' 40,980 24 oi 60,660 j 45,180 j 44,100 j 46,320 37,820 ! 41, 558 46,320 j 44, 375 . 134 j .143 .153 i ,157 69, 346 I 63,214 71, 780 62, 298 28,560 ! 38,100 26, 280 39, 360 289,245 ! 278.601 ! 288,551 263, 561 12,293 j 12,215 13,066 i 14,892 31,353 28, 782 28,325 I 62,320 80,168 109,704 73, 875 107, 739 89,103 99, 156 63, 545 108, 735 69, 995 44, 265 .155 50, 691 40,380 228, 796 48,780 .153 71, 316 36,060 191,855 ! 43,161 i 46, 247 ! .153 ! .153 ! 60,976 I 67. 981 I 29,340 i 27; 120 ! 189,798 ! 177,211 13,635 I 12,709 | 26,230 I 20,607 I 17, 246 95,622 ! 89,614 I 80,903 ! 93,025 I j 115,321 I 131,833 I 122, 746 114,814 105,341 100,182 109,617 96,989'i 126,507 \ 126, 332 129,161 107, 929 96, 092 97, 481 73,753 I 84, 221 53,31.1 j 50,98-1 .150 ; 61,984 I 2,688 ! 2,993 i 3.16 I .7,482 ! 32,363 | 20,651 24, 509 10,580 \ 9,853 14,692 I 9,048 66,462 I 89, 617 96,314 I 91.238 70,707 ; 86,365 123,937 j 120,657 93,289 1 90, 596 31, 082 38, 144 .165 ! .165 i . 165 1 .165 i ,165 70,045 ! 43, 120 I 30,775 I 36,062 I 43,956 I 53, 950 .163 62, 982 119,7-18 i 124,958 43,230 | 41,28S 134, 785 !134,111 38,272 I 44, 603 ,165 122,568 I 126,989 51,920 j 48,571 ! i3, 167 119,239 55, 065 .165 .165 ; i PAINT SALES Calcimines, plastic and cold-water paints: I Calcim ines thous. of dol__!_____ Plastic p a i n t s . . . ......do L Cold-water paints: I In d r y f o r m . . . . . . . _.-..do__._!___.__._. I n paste form, for interior use-_..-_.do I.... Paint, varnish, lacquer, and fillers: j Total. ,___-_ . . . . d o . . . . i.. ,. Classified, total __._.___..__do____j_________ Industrial.. . ______,___do !__._____. Trade .___..___ . ...do..... .. Unclassified......... __>___do_.__!..______. 117 : 36 ; 147 33 219 ! 385 i 196 410 190 ! 481 ; 104 33 100 ': 45 > 41.106 ! 36,935 16, 748 20,187 4, 170 43,028 37, 782 17, 243 20,540 5, 246 44,122 I 39.186 ; 17,906 ! 21,280 ! 4,935 ! 177 456 : 38,122 34,315 16.221 i 18.094 3.807 ; 114 : 45 ! 104 i 34 ; 123 42 128 45 12] 43 j 157 i 41 1 153 394 154 i 360 ; 169 ! 443 ! 234 590 235 611 266 : 565 : 283 497 37, 141 33.518 16.905 16.612 3, 623 37,843 i 33,677 j 16,221 ! 17,456 I 4,166 ! : 46,398 42, 710 19, 897 22, 225 "i 275 50, 923 46, 221 20, 907 25,313 4,702 51,435 I 46,710 I 21,830 ! 24,880 I 4,725 ! 55,482 ! 50,282 22,750 I 27,532 5, 199 38,392 34,530 1 16,726 ! 17,804 j 3,862 I 91 34 ; 251 422 50, 107 45,369 21,344 24. 025 4,738 134 41 286 411 51,059 46. 16622, 902 23, 264 •1, 893 ELECTRIC POWER AND GAS ELECTRIC POWER Production, total ,_ mil. of kw.-hr. B y source; Fuel.. ... _ , _ _.__.____ do W ater power ____ do _. _ By type of producer: Privately and municipally owned electric utilities . . m i l , of k w . - h r . Other producers. ...... _do___ 18, 840 16, 262 16,114 16, 753 16,459 I 17,681 17,651 16, 110 17, 829 17, 238 17, S65 18, 080 18, 668 I ' 19,. 206 13, 475 5,364 10. 946 5, 315 10, 895 5,219 11,244 5, 509 10,726 ! 11,571 5, 733 I 6, 110 11,255 6, 396 10, 220 5, 890 11,205 6, 623 10, 474 6,764 10, 669 7,196 11,599 6, 481 12,458 6,210 ' 13,315 r 5, 891 16,056 2,784 14, 047 2,214 13,804 ! 14,282 2,310 i 2,470 14.086 i 15.237 2,373 I 2,444 15,170 2,481 13, 936 2,174 15, 377 2,451 14,824 2,414 15, 276 2, 589 15,521 2,558 15,999 2,669 16, 480 ' 2, 720 S-25 SURVEY OF CURRENT BUSINESS November 1943 lontiilv s t a t i s t i c s t h r o u g h DccemlMT I'M J, t o.?<-flier with explanalory nol«*s ;tn<l r«*f<*rt"nr«\s lo t h e sources of t h e d a t a , ma> ! « found in t h e 1<)12 S u n >• r»Ji»m«'fit tit I h«- Surw> .„,,, 1913 v n A ><i'tt'T< h< ' \Tunh AITI June July | August KLECTRIC POWER \ \ D GAS--Continued ELECTKIC I'OWEK—Continued J!«S to u l t u n ile u i ^ t o m i r o , l o i ^ l i i\}i on. Klo -fih I i w i l u n ^ n n l of « w h: » Hi M<U ill u l or d o m i c i l e _ do Rural M i - h u r t rural i ^ s i .lo < u n n i ' M c n l a n d i n d i i s t ' i i!: •^iinll liL'ht a n d po\\t r d » J iT'Ji lj»l'* 'Ul'J J)OU<T <> h -Mn>' t a n d ! u e h \ \ o \ l m t i t m i i ' »f iii'i m i ! Me a u t h o t i i i Il.i'lu I' iMi! I ulKMti-, l l U t r d i ]U» t m lit ll it o M'l' 1 f r o m * i l e ^ t o . M u n i a t " - 13,712 i 2. 1"^6 H,'.*;•.! 2,22! U.097 2, <12 31,717 J. ' 2 2 ll.ssi 2. (»7s U , i'U 2, .".!» , 47i! << !> d > '!< no fa>i«UiMi- :4,siu 2,3s", ."<'{ 1 1 is C71 10. 5sa ; 9,752 ! 3W ! 10, 7 15, Ss2 1.3'.9 12, 056 29,515 21,2")1 1,115 7, 008 10, 55',) 9, 722 381 J45 30 M57 I 31,811 17, 127 ! 18,081 1,111 I 12, 191 I 13ji>0 V 0 ' 7 i 3"i, 79f> 22 I N i 23, 454 1,311 I 7, 139 I 7', (>22 J i iY)', 3", t,sl i.7U 8, i23 2t-", 7M» 10, (Hl3 9, 75 \ 39s 112 1"). 917 1., Ml 13,577 11. 5] i\ '{53 4M,9"4 19. 0.V2 13,(1^,3 1 i, 137 39, 9os 23,377 7,77! v 5H1 10. 9.K) 2 5. (>3S h, :\\\l S, 479 156, HO 38, 5^s5 114,556 33,874 j 34.914 j 41.113 14,753 I 15,044 I 19,218 18,746 I 19,520 ! 2 ' , 528 19, 551 25, 582 23. 614 62.181 35.497 26,127 8. }7.i 14s 1W 7-S2 71 i 7"»t s. S')i 7s9 10. 5 ' s \ 507 7. HS5 620 ISO, ()(»() 57,331 118, 888 M07 7,738 566 123,464 19,625 101,183 5J2 2 4^» S si<» in si S, 379 i i i i 137,605 26, 711 108,210 8,269 7, 702 564 118,463 18, 557 96,997 ' 29(» i)>,8 1U 1U, 534 9, 696 3S-> 110 •W. 11 > 16.319 8. lOi 15. JH) Jl ( ) . JO') 1-.0 176 "sO S71 711 Malillf li. 'UK'd U IN Cus t oi ) r>. lot il . thous mds1 Doi'i ^tic .. . (lo Muiise MffUiiu do In 1'ishidl and common, h i do MII > to consumers, total m.l.of eu. ft Domestic . . (hi lion- 1 matins: _ . d o Jndu^tii.il mil c )mmereial _ do K'Hona' 1 ftom s.ilos to consumers, total thous of ilol ]></iiiesti(l . . do II.MW heat my _ _ <io InduMn il find conini"rn il do Natural Ms Customers, total thousands, _•..._ i )omestic do I Industrial and commercial do j Sales to consumers, total mil. of cu. ft._| Domestic do j Indl., coml., and elec. generation do ! Revenue from sales to consumers, total ! thous. of dol_.| Domestic do L. _ _ Indl., coml., and elec. generation, . d o ! li. 7 > 2, Jsl 'J 11» •1:12 ,7s2 'I'),' . t ">0 .101 L'.'i. ' i l 10, 537 9. 707 361 457 15. H37 is, 696 10.803 15, 178 9.73-) •tNJ 4l(> 45, 396 18,617 12, 105 13,969 ! 39. 8!6 ; 22. M»9 \ 8,301 : S, 401 8,498 7,892 604 190,074 63, 627 122,497 70.863 i 69,367 42,659 41,204 27,730 : 27,598 . v i , 900 in, 5SI 10,523 ! 9,678 I 378 ! 455 ; 42,716 ! 17.796 | 9,060 I 15, 524 'J 7 « 386 451 Wj. 175 17, jsl 7, 3s2 14.308 39,035 8, 448 S, 44*1 7,850 7,812 601 i 596 193,526 i 195,113 69.577 ; 68, 206 120, 778 123,048 2")! ">6(. 35, 456 23, 041 4,080 8,158 37, 027 22,574 7, 113 i 5,656 ! S, 592 ! 8,580 ! 22, M i 8.477 7f878 596 168, 846 50, 589 S, 493 7, 894 596 151,572 36,150 116,562 ; 112,028 66.449 j 57,173 ! 48,026 38,783 I 32,133 ! 24,689 27,055 : 24,777 | 22,898 FOODSTUFFS AND TOBACCO ALCOHOLIC BEVERAGES Fermented malt liquor:f I Production__ t h o u s . of b b l . J ',348 Tax-paid withdrawals _ ..do 1.690 Stocks, end of m o n t h _. do.... J ' 773 Distilled spirits:! \ A p p a r e n t consumption for beverage pur- j *' poses.. . thous. of wine gal. „ j 439 ProductionJ-. - thous. of tax g a l . . | 258 Tax-paid w i t h d r a w a l s . _ . ..do.. _ Stocks, end of •lo I 419,040 Whisky:f Production do i Tax-i>aid withdrawals „ ..do i 4,: Stocks, end of month . . . do j 405. Rectified spirits and wines, production, totalf i thous. of proof gal Whisk y....... .__-_. do Still wines:! Production.. thous. of wine gal..! Tax-paid withdrawals do J Stocks, end of month . do !.-.... Sparkling wines:! j Production . do j Tax-paid withdrawals . do j. Stocks, end of month... do j 7 002 6 937 8,483 16,690 6,925 15, 366 529,238 '6 '6 '8 624 290 596 5,770 5,626 8 483 • 19,136 | 26,766 ' 13,410 j ' 6 , 7 5 7 • 7,528 4, "71 ' ' 15,143 '• 16, 596 \ 583 |r 521. 149 507,226 199,350 5,746 4,945 ! 1,797 10,140 i r 10,070 | 11. 43f> 507,491 (''500,144 | 487,550 7,548 6, 652 4,705 | 4,717 I 8,253 ! 7,756 ! 6,153 ! 7,952 6,926 4, 813 4. 699 8,159 15, 730 1,571 10,100 4*9,418 4,421 4. 236 8,121 5. 399 4. 62s 5, 177 4,619 o! o| o! 6,138 : 6,649 i 5,774 j 453,387 i 444,878 ! 437,398 I 4,836 ! 4,780 ! 5,536 4,785 I 4,074 4,238 ! 5,422 ! 5.327 I 3,595 ' 12. J58 2,930 I 8. 5Q4 • 8,311 ' 9,009 I 11 4»S '. 8,006 ! 111, M)3 132,012 i 122. 707 114,214 106,200 ! 3, 941 19,225 | 85,753 ^8,418 10,747 i 11,473 116, 179 I 113,962 ; 142,85 5, 834 6, 067 8,215 5,984 5,683 i 8,705 ! 5, 891 5, 547 8,661 12,779 ! 13,746 I 11,942 | 10, 459 12,217 636 423 1, 179 | 876 811 8,669 7, 361 10.273 ! 9,054 ! 10,056 479,196 470,259 | 461,146 453,034 445,915 0 0 5.050 • 6, 873 7,114 430, 325 j 471,026 i 461, 686 1,9^2 4,228 ; 5, 218 4, 550 8,565 0 4,725 | 430,917 I 7,392 | 7,025 ! 8,295 9, 768 457 7. 181 439, 519 0 4,779 424,831 4,608 3,917 4,884 4,134 1, 527 7,053 99, 122 2 533 7, 059 91,031 7,329 7,421 i 7,893 ! 6, 898 7, 221 7, 346 10, 627 444 733 7,092 | 7. 235 432,651 I 426, 204 i 0 0 j 4, 756 4,639 412,294 418,532 j 4,898 i 4,308 : 3,579 ' 6, 589 90, 629 5, 331 4,701 8, 112 6, 997 84, 561 i 55 69 1,019 58 93 979 64 121 916 6s U9 62 730 851 153 ; 74 ! S12 112 : 79 ; 845 122 ! 97 ! 854 ! 126 92 912 136 96 S82 76 91 897 DAIRY PRODUCTS Butter, creamery: j Price, wholesale, 92-score (N.Y.).dot. per lb..! Production (factory)! thous. of l b . J Stocks, cold storage, end of month..„ ..do ' Cheese: j Price, wholesale, American Cheddars (Wis- I consin) dol. per lb..I Production, total (factory)! thous. of lb. ! American whole Diilkf... do I Stocks, cold storage, end of month do I American whole milk... do | Condensed and evaporated milk: j Prices, wholesale, U. S. average: ! Condensed (sweetened) dol. per case...: ; E vaporated (unsweetened) do K 425 120,485 232, 135 » . 476 ; i . 475 i ! . 434 ! i . 425» . 425 .414 I .439 ! .465 .465 ; .466 i . 180 * . 476 i . 485 151,880 167,330 ! 137,375 i 123,954 ; 106,023 ! 116,103 140, 075 150, 185 • 190, 535 < 202. 195 j 181, 335 122, 880 121,995 •231,543 30, 190 ' 82, 761 j 157, 540 ! 210. 540 152,198 ! 123, 599 I 86,981 45, 937 ! 24, 979 ! 15, 607 12,327 ; 16, 676 .233 .217 . 210 83, 590 • 101, 487 ' 82, 783 65,950 67, 931 85, 644 217, G15 279,905 259, 078 181, 213 243, 596 224, 861 5.84 4.15 5,65 3. 50 5.83 3. 66 .271 71,580 56,884 195, 378 169, 913 . 233 55, 616 42, 341 153,806 134, 332 . 233 54,932 41,020 131. 398 112,348 . 233 60.155 46, 545 113,797 97,103 .233 I 60,375 16,945 ; 93.379 76, 678 .233 ; 74,345 ! 58,035 I 77,615 64.890 : .233 S3, 590 66,740 79.464 65, 843 .233 .233 ! 109.410 | 116,280 87.560 ! 97. 600 97,327 ! 144,867 80,495 ! 117,094 106, 87, 182, 150, . 233 450 94,415 310 77,185 967 -•209,365 245 r 172, 937 S-26 SURVEY OF CURRENT BUSINESS Monthly statistics through December 1941, together with explanatory notes and references t o t h e courees of t h e d a t a , may be found in t h e 1942 S u p p l e m e n t to t h e Survey November 1943 1942 1943 September Au S"st tember 1943 Octo- ! Novem-! Decem- ! Januber February March j April I May July June | August FOODSTUFFS AND TOBACCO—Continued DAIRY PRODUCTS—Continued \ Condensed and evaporated milk—Continued, \ Production: | Condensed (sweetened): I 27, 697 23, 463 2'A 517 Bulk goods* thous. of lb 8.079 8, 500 t> 789 Case goodst _... do 232,763 270,021 221 67<> Evaporated (unsweetened), case goods, d o . . . . Stocks,manufacturers', case goods, endof mo.: 5 412 Condensed (swecteded)..". thous. of lb._ 10,238 1 329, 364 210 110 i:j«J t)2f> Evaporated (unsweetened) ...do Fluid milk: 3.22 I 7b 2 ^2 Price, dealers', stand, grade..dol. per 100 lb_.! \) 30 76G Production mil of lb.. | 9, 255 Utilization in manufactured dairy products!! mil. oflb..! 4,021 4 185 Dried skim milk: I Price, wholesale, for human consumption, i .129 i . 138 U. S.average . dol.perlb.J . 131 58,273 I 47,568 Production, totalf thous. of lb..] 34,650 For human consumption! do _ _ | 33, 250 52,896 j 43,957 ! Stocks, manufacturers', end of month, total 41,820 ; 32, 392 thous. oflb.. 37,346 For human consumption -...do | 36, 624 36,703 | 28,432 ! FRUITS AND VEGETABLES 21 5. 5S0 203, 114 "7!088 333 415 97! 706 20 267 8, 28;; 201 69* 91 nn 580 > S5 903 s 172 , 7u7 3 139 ' 2 93 .132 ) 77H 8*" 173 ,-i . 134 •: s 380 03*. hi." , 137 1 .137 ! 40, 288 11,500 386,000 32. 9. 201 335, 50u 2t..01." * 931 275. '00 9. 121 7, 198 ! 6,739 77,807 i 114,682 I 252. 422 3.14 ! 3.16 3. 09 9,759 ; 10,245 j 11,904 4,267 i 4.655 ! 5. 947 0 395 89 499 17N 90 27,411 i 28,746 ! 38,184 9,450 1 10, 500 | 11,240 252,339 ' 288,923 i 376,015 8 500 210 315 4, 22r. 82, 672 15, IM 1M 16."', y50 10,736 373, 784 10. i»4li 400 397 Hi. 7 it 376. 779 . 138 j . 139 ! , 138 j 3.18 12, 600 3 11. 76" 3 2( 1<) 571 6, 281 - (>2\ i.71« . 133 39,913 36, 853 31.186 I 34,419 : 29,316 \ 30.882 ! 41,500 i 46,940 j 60,158 | 67,075 56.000 28.809 ! 32,134 I 27,399 I 28,169 ! 39, 271 \ 44,306 | 57,142 63, 675 > 53 650 . 139 19,570 17, 332 43,907 56,428 ' 49,78(; 17,833 i 27.668 ! 28,543 I 27,655 i 30,652 j 33,065 26,673 : 24,995 ! 29,884 | 32.352 .' 42,984 j 55,005 Kol.3 16,322 ! 26,329 11. H2 32, 706 11 578 7. 4oJ 35.761 12, 407 30.577 19, US 221,727 206. 7»6 l s s Oil j 137 . 1 li 1 42, < l r K 458 1") 665 j Apples: j Production (crop estimate) thous. of bu__ | *9G, 057 Shipments, carlot... no. of carloads..| 3,462 p , Sk ld d f h f bu... 5,995 Stocks, cold storage,end of mo.thous. of b 5,848 Citrus fruits, carlot shipments..no. of carloads. Frozen fruits, stocks, cold storage, end of month thous. of l b I 220,238 t h . . . .t h f lb..I Frozen vegetables, stocks, cold storage, end of 1 month . „. thous. of lb._ 160, 624 Potatoes, white: Price, wholesale (N. Y . ) . . . dol. per 100 l b . . | J 2. 781 Production (crop estimate) t~-thous. of bu_.j 469, 545 Shipments, carlot no. of carloads... j 24,968 742 0 | 947 ] 11,105 8, 888 707 ' 225, 1«) 1 ls6 ' 1 1 7 , 7«»». no 026 1.615 15.223 ' 3, M(i3 2'j <>03 r id 15} r r 4, 909 : ' 4, 787 I ' 2, 823 ! r 1, 858 4,623 1,760 16,549 I 9, 403 I 17,513 I ' 21,989 ; I 172, 103 r 18, 436 98,967 96, 515 70,478 I 62,076 56, 689 124,392 ; ' 14,927 145,272 I 11" slO 115,84" 1. 950 2. 206 9-', 311 KM,'*M 74,821 ! 2.800 I r GRAINS AND GRAIN PRODUCTS | 3.394 I 3.460 ^23^593 j M2~837~ 21. 572 '782 0 ' 17, 464 4.936 '972! '913 0 • 8, 600 0 j '11,580 i i 107,138 I 162,034 73,888 100,066 3.865 2.925 ! 1 184, 763 134, 162 2.988 r " 18," 847' Barley: i Prices, wholesale (Minneapolis): i No. 3, straight.._ .._._._-dol. per bu._ l 1.15 .64 ' .85 : .84 ' .99 1 1.05 i .64 | .86 .65 ! .74 • .80 i 1.08 .61 ' .83 i No. 2, malting . ... do.-.. 1 1.30 1.08 I .90 i .95 ! .99 i 1.13 ; 1.18 .85 S .98 .97 j .99 j .82 ; ,88 ; Production (crop estimate)! .thous. of b u . . . 330,212 \ *426,150 ! Receipts, principal markets . . . d o . . . . 19,860 18,872! 15,566; 14,963 i 9,436! 9,967 | 7,725 i 7,456 i 8,969 8,814 i 9,053 I 12,603 j 15,480 I 23, 789 20, 588 Stocks, commercial, dom., end of ino.do 7,224 ! 8,767 I 9,028 j 11,611 j 17,548 5,691 I 10,551 ! 11,887 ! 12,154 \ 10,743 j 9,771 I 9,000 I 6,987 | Corn: Grindings, wet p r o c e s s . . . . . . . . . d o . . . . j 10,744 10,749 10,642 I 11,276 j 11,175 j 10,922; M l , 167 ' M0. 518 ' 9,189 | ' 9, 243 : M0,5 11,387 I 10,581 I 11,513 Prices, wholesale: \ (a) No. 3, yellow (Chicago) dol. per bu__ | («) 1.06 ! 1.06 . 84 ! . 77 j .97 ! .81 i .89 : 1.03 ! 1.01 .97 ' (°) 1.23 ! No. 3, white (Chicago) _._.__..do.... ! 1. 02 i 1.23 1.06 i 1.04 I 1.09 ! 1.22 I 1.23 1. 07 1. 08 I 1.20 ! 1.02 1.04 I Weighted a vg., 5mkts., all grades..-do 1.04 1.03 I 1.04 .92 i 1.03 .85! .77 1 .96 . 79 ! . 85 i .86 I Production (cropestimate)!...thous. of bu__ ji 3,055,605 '23,175,154 ! Receipts, principal markets . d o . . . . | 18,891 20, 120 I 22, 183 ; 27, 835 j 30, 999 | 41, 389 I 35, 929 i 37, 303 i 30, 568 13,032 26,433 i 22,507 11,681 21,500 j Stocks, domestic, end of month: i ! I ! ! I ! j 7,452 29,463 ! 24,173 I 9, 663 j 6, 432 8,649 Commercial. .........do 43,697 j 38,641 i 39,969 • 40, 734 I 43,407 i 42,829 I 48,769 | 42,326 I 812.692 ! , On farms!.. .... d o . . . . ! 3364,844 .._' __| ....',1,395,112 '2,277,332 i '3423,758 I . . . . J .. Oats: Price, wholesale, No. 3, white (Chicago) 1 .49 ! .50 : .54 .69 ! .71 . 49 ! dol. per b u . . .67 ,65 .59 ; , 60 i . 64 I . 47 I . .; 21,358,730 J ... _-J Production (crop estimate) f.-thous. of bu... 11,148,69* 9,172 11,098 i 24,538 6, 783 "6,"353Y"7,~89T ""8f"568" 20, 303 "I6,"9l8"|"l7,"4i4y"i3,"i25"j" 6, 209 I Receipts, principal m a r k e t s . . . . . . do 8,362 "167662 Stocks, domestic, end of month: 1 7, 746 5,132 I 10,123 I 12,106 I 10,451 I 9,534 7, 270 ! 13,100 16, 407 Commercial . ....do 7,649 7,608 ! 6,182 5, 083 941,092 . . . . . . . . 1,132,933 ! . . 236,444 |. O n farms ! __._.. . _. do I 887,575 . . I ..J 508,208 8,761 Rice: j Price, wholesale, head, clean (New Orleans) j .062 I .067 . 067 ,067 .067 ,067 .067 i .067 ! .067 j .067 ,067 j dol. perlb..{ 1 .067 .069 ! Production (crop estimate)!, .thous. of bu...i 69,019 . . . . . . . ! 266,363 j .067 i California: I 40,293 493 I 394.062 j 531.917 I 543,339 I 484,751 I 541,602 \ 528,399 395,030 I 431,401 477,897 325, 079 236, 238 Receipts, domestic, rough.bags (100 lb.)__j 202,756 36,666 ! 60,150 | 111,630 I 383,414 | 319,526 j 290,039 ] 326,014 339,188 j 401,271 309,872 279, 345 158,880 69,944 Shipments from mills, milled rice do I 167,186 Stocks, rough and cleaned (in terms of j 248,106 162,164 154,247 cleaned rice), end of mo..bags (100 lb.) --1 115. 773 107, 281 70,919 I 247,027 457, 565 i 428, 358 ! 367,863 \ 421, 529 416,408 I 335,955 255,036 Southern States (La., Tex., Ark., Tenn.): | Receipts, rough, at mills 18 125 464 298 ! 1,295 I 2, 933 I 2, 708 j 2, 308 I 1, 365 : 907 541 j 220 I thous. of bbl. (162 lb.).. 1,605 171 Shipments from mills, milled rice ! I 2,100 ; 1,758 1,101 438 ; 792 j 295 455 253 i 649 ! thous. of pockets (100 lb.)._| 1,075 781 • 1,776 I 1,337 ! Stocks, domestic, rough and cleaned (in j 1,950 ! terms of cleaned rice), end of month j 661 243 ; 1.964 435 158 ; 2, 685 thous. of pockets (100 lb.)..i 1,023 677 j 1,927 2, 792 ! 3,107 1 2,827 1. 434 i 974 j Rye: j .59 .81 I . ! .95 Price, wholesale, No. 2 (Mpls.).-dol. per bu_.i 1.01 .94 .70 I .83 1.01! .59 S . 65 .59 i Production (crop estimate)!--thous. of b u . J '33,314 ,341 1 , L Receipts, principal markets ......do S 1,419 4,130 I 2, 334 1,818 3,438 ! 3,909 1,061 i 802 ! 1,345 1 2,943 2,508 ! 2,393 j 3.846 I 1,577 l 21,053 I 22,656 23,850 19,889 1 19,924 I 19, 645 1 20, 458 Stocks, commercial, dom., end of mo. .do 22,907 23,309 ! 23,318 17, 288 I 18, 477 > 19,295 I 19,761 r l 2 Revised. ° No quotation. Oct. 1 estimate. Dec. 1 estimate. 3 Includes old crop only; new corn not reported in stock figures until crop year begins in October and new oats until the crop year begins in July. !Revised series. For revisions in the indicated dairy products series see note marked "f" on p. S-25. The indicated grain series above and on p. 'S-27 have been 'revised as follows: All crop estimates beginning 1929; domestic disappearance of wheat and stocks of wheat in interior mills and elevators beginning 1934; corn, oat, and wheat stocks on farms and total stocks of United States domestic wheat beginning 1926. Revised 1941 crop estimates and December 1941 stock figures are on pp. S-25 and S-26 of the February 1943 Survey; revised 1941 quarterly or monthly averages for all series other than crop estimates are given on pp. S-25 and S-26 of the April 1943 issue, in notes marked " t " . All revisions are available on request. •New series. Data for January 1939-July 1942 on production of condensed milk bulk goods are available on request; figures for 1918-38 are published on p. 103 of the 1940 Supplement to the Survey; monthly data were not collected currently from October 1939 to August 1942, I I S-27 SURVEY OF CURRENT Rl\SL\ESS November 1943 Monthly statistics through l)t*ceinWr 1941, together with explanatory notes and references to the sources of the (lulu,, may be found in the 1942 Supplement to the Survey i torn her 1943 October No\em- Dec her , br Fcbiu u y March Maj Apiil June July August FOODSTUFFS AND TOBACCO Continued GRAIN AND GRAIN PRODUCTS—Con. \ \ heat. Disappearance, domett K\ —thous, of b u Pr:c( s, wholesale: \ ( i . 1, D a r k X o i t l u r n s p r i n g (Minneapolis, dol per b u 1 l.i J 1 13 \ o . 2, Red \V intt-r (St Louis; do 1.72 I 1.20 \ o . 2, H a r d W i n t e r (K. C ) do 1 U> 1.20 1 11 \\ e m h u d av., 6 m k t s , all m a d e - do _ 1 U 1 18 1. 11 Pioducuon U'IOJ e^t. / , toialT thous. of b u ), Sl(Sprinu v. heat . . do i,959 \ \ mtei \\ lie.if do *, S57 l i u o i p t s , principal m a i k e l s do 3S. 1>5! ). 852 53, . * ! sin' ks7 etui (if m o n t h : ( HI.ula (Canadian v\ hrat) do 3(>! 37\091 .1*0, I lined s t a t e s , d o m i M u , intal 1 1 . do I 221 < 'ommeici il do 29 !| 2(.0, 119 Country nulls and el«'\au i rsf do 205, 100 Ah reliant mills . du 9'27 On farmsf „ do -,jt . 4 1 1 10 \ \ licit Hour (? findings of wheat . do 4(1, "J2H 14 .m< 282, 55 3 3. 1 1. I-' , *io l 32 i i 17 U5, 2hS , 0 5 s 2 V.) r ( « 2 0 io " !3 95 15 <lt»S 705, 128 S, 1 z i 44 1.42 1 5S 1. 3s 1. 40 1 10 1 Id 1 11 41 1 1 39 j I 37 1.3'. 1.A7 ! 47, 52s lOh 447. Mud \\7 245, 'l 50 235. 221 139, 3S"> 23d. • i -tv.1 >"M .m 3., 211. i i 2s(, 13. 3')7 0 01 5 ii(i \ 07 1 SIT . n i l 743, M |S III! (. 33 t> 12 IU. 152 s s 73 S sl7 171 J 17,927 *.' j 00 s 818,29',) 3 (J 2" 1.41 1.09 1.40 1.41. 5 6 , 0 41 116,989 75,105 386,589 309, 715 221,2*7 22(f. ;us .,7. su.i 40. 053 42. S2> 0. 45 (, 07 6 41 ',. 93 0 42 t> 02 ('). 30 0. (!( 7.s53 , 8.3S4 r^K 1 51 0 • 6(!3. 659 J 043,084 44 11 s. 9. 7*0 07 930 1 41 L66 1.40 1 42 J'.. 182 !ii,S 6 3s 35 it, L37 1 3<» 8. 820 6*2/257 9. 10< 02. 1 730.9S5 1,610 2,178 390,hU2 1 191. M,- 212! m 171.5M1 1 11 ( 387, 197 017.998 1 7 . M 1 > ' 1<>2,150 102, 116 104. 37S 190.031 37.271 109, • •I") 49l.Oi.2 47 .7(H 7(i3 59. 0 705, 510 I W -27SU71 -7n3, 2'.\ 31,si! 32, 2t.l 12." .(.11 iV Standard patents (Mpis.)§ dol poi bbl W inter, straights'Knns, s C i t y ^ do Production (Census) Floui, actual thous. of bbl Operations, percent o! capacity Oll'al .. thoin. oflh Storks held b\ mills, end of month thous. of bbl 1 62 i is 1.31 1 2s 1. 20 1" is 21 15 09.-5. 1 1 ->^ 5.055 LIVESTOCK Cattle and calves: Receipts, principal markets thous. of animals..; Shipments, feeder, to 8 corn belt Statesf thous. of animals..! Prices, wholesale: Beef steers (Chicago) dol. per 100 lb. _ j Steers, stocker and feeder (K. C.)...do ' Calves, vealers (Chicago).. do Hogs: Receipts, principal markets thous. of animals. Prices: Wholesale, average, all grades (Chicago) dol. per 1001b Hog-corn ratio f bu. of corn per cwt. of live hogs Sheep and lambs: Receipts, principal markets thous. of animals . Shipments, feeder, to 8 corn belt Statesf thous. of animals Prices, wholesale: Lambs, average (Chicago)-dol. per 100 lb.. Lambs, feeder, good and choice (Omaha) dol. per 100 1b . 2,016 •• 2, 399 2, 605 2, 995 2, 535 : 1,845 : 400 222 387 579 391 ; 223 ! 15. 45 11.81 14.81 34.87 12.05 13. 70 14.84 11.64 14.00 15.21 11.83 13.50 15.30 I 12.62 ! 13.50 ! 14.85 1 12.24 13. 50 2.841 2.187 2, 529 2, 687 3,310 ; 14. 08 14. 37 14.45 14.98 13.96 j : l.t»13 : 1.811 ; 1.601 1.597 i 1, 433 101 85 138 81 64 14 S4 12. r.7 , ! 1. 25 15.14 ! 13,49 14.63 ! 15.54 i 14.49 j 15.00 | 15.71 i 14.58 : 13.88 ; 15.44 14.60 14. 40 j 15.56 14, 38 14. 63 .15.32 12.48 14. 03 15. 36 12.17 15.20 2,815 ; 3,027 • 2.844 i 3.321 ! 3, 675 3, 407 3,016 11 78 ' 15.35 | 15.59 ; 15. 13 14,44 13.85 13. 56 13.97 : 14,3 12.8 12.2 12.6 3,391? 1. 225 14.01 1.541 142 i 12.9 16,9 10. 4 18.2 17.7 ' 10.5 ! It. () 10.2 15, 5 4, 248 2, 772 3, 657 3.741 2,780 I 2,379 i 1.939 L071 I 1.738 1 927 488 789 1,002 405 : 202 . 17s 191 | 221 ' 13. 90 14.60 14. 10 14.30 14.53 ; 15.39 15 Si, 15.91 16.24 12.07 12.94 12.89 12. 20 12.35 i 13. 12 ; 13 59 14.26 1 14.91 ! : 99 13.4 | 1.603 i 2.074 1 CO 1, 784 2,446 ] 194 ' 151 129 432 15,98 • 15.82 : 15. 22 14. 49 14.06 14.42 14.07 1 (a) (0) 13.47 139 MEATS Total meats (including lard): ; Consumption, apparent mil. of l b . . L 1,442 1,413 1.104 1.557 L101 1,213 1.374 1,320 1,397 : 1,386 1, 326 1, 400 : Production (inspected slaughter)......do j 1, 690 1,532 1.553 1,887 l.fW2 1,380 1,190; 1.384 1,544! 1,603 1. 329 1. 449 521 579 > 829 913 <)50 1)09 : 864 880 | 924 998 Stocks, cold storage, end of month....do \ 788 607 -. 519 i ' 985 Miscellaneous meats _..do i 105 72 ; 73 ' 80 81 84 79 80 94 ! 100 116 94 ! 80 ! ' 113 Beef and veal: j Consumption, apparent thous. of lb. J 7,347 614, 900 634,822 i 675,290 I 535,969 1 557,014 j 546,821 | 499,481 I 534,497 | 475,877 482,234 ' 433,087 493,360 Price, wholesale, beef, fresh, native steers j .212 .200 I .200 .220 j (Chicago) . dol. per lb..! .200 .210 ! .210 ! .210 | .216 j .220 .210 .220 ! .220 .220 Production (inspected slaughter) .thous. of lb . 628, 439 613, 620 641,531 686,028 548,612 ! 547,100 ! 522,960 489, 664 534,147 I466,858 459,331 421,212 485,412 j 552,554 88,040 j'101,254 Stocks, beef, cold storage, end of mo do 111, 929 83, 288 95,146 116,892 130,454 I 127,034 j 107,185 102,246 97. 736 j 92, 981 90,060 | 81,744 Lamb and mutton: j 74, 707 83, 480 Consumption, apparent do 72,380 ! 76,839 j 58, 877 52,424 56,571 ! 59. 279 65,380 ! 61,439 70, 790 83,407 I 84.004 78,136 89, 478 69,941 I 65,929 Production (inspected slaughter) do 98. 228 72,821 86,982 i 90, 733 82,547 | 87,881 i 71, 225 63,412 64,804 I 64,101 9, 660 • 13, 777 Stocks, cold storage, end of month d o . ...j 17, 682 10,284 ; 7,808 11,260 | 17, 896 26,462 | 34,819 I 24,885 19,748 12,571 I 11,649 7,602 Pork (including lard): 1 Consumption, apparent do | 640,169 |687, 628 i 653, 932 | 795,162 | 923, 282 ! 797.985 660.876 i 783.126 !784, 700 849,521 ! 891,267 874,175 Production (inspected slaughter) do ].....„._. 642,827 I 720,437 | 755,565 I 922,019 ; 1,251,573 i 1,037,942 826,672 i891,478 I853, 259 1,015,157 il,115,854 1,125,954 Pork: ] Prices, wholesale (Chicago): Hams, smoked ...dol. per lb... .258 . 293 . 258 . 258 .293 . 293 .293 .325 .293 .303 I . 3 2 5 . 293 293 .293 . 256 .284 ,284 .270 .256 Fresh loins, 8-10 lb. average... do .256 .284 .284 . 284 .284 .284 .298 | .310 .311 793, 048 638,132 703, 700 670, 622 771,300 853, 729 851,814 Production (inspected slaughter) thous. of lb . j . 496,360 I 557,953 590, 541 721, 781 952,397 Stocks, cold storage, end of month do ! 361,186 336,634 ! 270.287 257,445 291, 841 490,47(5 588, 419 627,399 591, 597 524, 049 519,798 513, 784 544, 297 •497,164 Lard: | Consumption, apparent... do... 72,4.11 105,244 ! 58,421 i 103,087 82.097 j 87,170 j 60,631 ; 108,432 153,448 j 125,961 100,203 ! 84,976 Prices, wholesale: Prime, contract, in tierces (N. Y.) • 139 .139 .139 dol. p e r l b . J .139 .129 ! .129 ! .136 ! .139 ' .139 ! .139. 139 .139 .139 139 .146 Refined (Chicago) do I .146 .146 146 .146 146 .139 ! .139 I .142 ! .146 ! .146 .1461 4 6 . .146 Production (inspected slaughter) thous. of lb.... j 140,997 106,660 I 118,236 i 119.978 ; 145,578 i 218,107 ! 178,549 137,304 136, 444 132,836 177,* 699 191,' 028 200,072 165,420 Stocks, cold storage, end of month d o . . . J 192,068 85,274 ! 62,143 I 57,547 ! 57,434 i 91,333 I 111,807 122, 240 128, 264 149,141 166, 129 220. 831 240, 950 ••260,009 s * Revised. « No quotation. i Oct. 1 estimate. Dec, 1 estimate. § Prices beginning June 1943 are quoted for sacks of 100 pounds and have been converted to price per barrel of 196 pounds to have figures comparable with earlier data. J The total beginning June 1942 includes comparatively small amounts of wheat owned by the Commodity Credit Corporation stored off farms in its own steel and wooden bins, not included in the break-down of stocks. June figures include only old wheat; new wheat not reported in stock figures until crop year begins in July. f Revised series. For revisions in the indicated grain series see note marked "f" on p. S-26. The hog-corn ratio has been revised beginning 1913. Revisions beginning February 1942 are in the March and April 1943 issues; earlier revisions are available on request. The series for feeder shipments of cattle and calves and sheep and lambs have been revised beginning January 1941 to include data for Illinois; revisions are shown on pp. S-26 and S-27 of the August 1943 Survey. SURVEY OF CURRENT BUSINESS M o n t h l y s t a t i s t i c s t h r o u g h December 1941, t o g e t h e r w i t h e x p l a n a t o r y n o t e s a n d references t o t h e sources of t h e d a t a , m a y be found in t h e 1942 S u p p l e m e n t to t h e Survey 1943 November 1943 1942 September September August Octo- 1943 January Novem- i Dcce ber ! be: Febru- arv March | April May June. July I August FOODSTUFFS AND TOBACCO- Continued POULTRY AND E G G S r )u!tr\ : P n r , ' , v\ hfili s'lle, live fov\K rci,ied<:<^ d(.i. pel IN KecripK, .") m a i k e t s t h o u s . or lb Stocky cold i.to/«iiii', end of m o n t h . do 1'MCf, w h o h s i l o , fn-.1i fir* is (Chir i«io); dol per do/ Production . . injhu.ii-Mocks, coid sfonm , ' \ i d ol inont ti -hell tho-i-. of i-IMS K.'-ven l h 'M- i.l lb i) 2 2 [ 0 j.\\ 0 2U -71.H7 0 Jl'i ' ) 2">O {! _ )ll '. !'•'» _'!> * ! « • ; M 7 42 2"> J7«» 24 ±\ i 4s,> I h, 2 2 7 \ 2t><> s <)•>(> s ~>7x 615 515 144 137 1,114 | 860 l 1.470 1,070 . lit 134 217 12 l n j s»,, on! 530 . 134 646 . 334 627 . 134 I 818 : . 134 1,550 3,070 ! 3,294 j 3,069 j 2,660 j 2,310 0 . 474 .'.. 7*.^ t \ «>12 ,-5(i,>, l f > x TROPICAL P R O D U C T S C of tee: < Clearances from Brazil, total thous, of bags • 1, 225 * To United States .do"....i 1,018 Price, wholesale, Santos, No. 4 (N. Y.) I dol. p e r l b . . j .134 Visible supply, United States, thous. of bags, j 1, 374 Sugar, raw: j Cuban stocks, end of month § thous. of Spanish t o n s . J 1,997 United States: I Meltings, 8 ports§ long tons. _ j 370, 674 Price, wholesale, 96° centrifugal (N. Y.) i dol. p e r l b . . | .037 Stocks at refineries, end of mo§._long tons j 207, 247 Sugar, refined, granulated: Price, retail (N. Y.) . dol. per lb _ .065 Price, wholesale (NT. Y.) do .055 ."> 1 2 1 260 136 .] j!| 117 ^72 j.'77 <»T4 3 , 23t> | 519 366 : 795 | . 134 ! 539 | 2,185 J 2,090 ! ,134 ! . 1 U .'.si 2,02^ 1,73b 1,521 i,32i 250,333 I 224, 370 I 197. 55 4 217, 2<)0 217.109 21s. 233 .0J7 123, *.O4 . 037 .('37 . 037 222.211 226,557 222,4»'>7 201.332 OMS . 065 . 055 .037 80, 499 . 037 70, 491 037 !, 171 . 066 .055 . 068 .055 .Otis .0)3 . 06s . 055 2"U l,2oi -j.Vl, 731 . 055 2.151 1, 193 985 298,342 ! 274,003 j 356,650 ! 388,262 | 369, 566 308,657 .037 .037 i 182,290 i 221,488 .068 . 055 . 037 . 037 . 037 242,334 1 278,974 • 261,352 .066 | .055 • . 065 . 065 ,055 MISCELLANEOUS FOOD PRODUCTS j Candy, sales by manufacturers..thous. of dol.. 34,862 Fish: | Landings, fresh fish, principal ports i thous. of l b . . 45,091 Stocks, cold storage, end of monthV--do 97,122 Gelatin, edible (7 companies): Production do.. j 0) Shipments do i 0) (i) Stocks do. TOBACCO Leaf: Production (crop estimate) mil. of l b . J 21,394 Stocks, dealers and manufacturers, total, end j of quarter . . . . . m i l . of lb__| Domestic: Cigar leaf do. Fire-cured and dark air-cured do Flue-cured and light air-cured do Miscellaneous domestic.----do. Foreign grown: ! Cigar leaf do ! Cigarette tobacco.... do \ Manufactured products: I Comstrmption (tax-paid withdrawals): | Small cigarettes millions.. | 22, 573 Large cigars . thousands. -1 424,896 Mfd. tobacco and snuff thous. of l b . . | 25, 796 Prices, wholesale (list price, composite): Cigarettes, f. o. b., destination dol. per 1,000.. 6.006 Production, manufactured tobacco: I Total thous. of l b . . I Fine-cut chewing do... I Plug do . . Scrap, chewing ..do _ ._ Smoking do.. Snuff do. . .. Twist . do.... 23,962 | 29,234 I 35,665 j 32,099 ! 32,741 , 28,212 i 29,676 ; 33,831 j 32,139 ; 26,997 | 24,837 I 23,098 \ 27,025 40, 322 109, 428 49, 605 100,088 39,010 ! 28,526 ; 15.733 i 17,532 74,949 I 52, 902 13,431 115,128 I 114,198 I 105, 343 j 1,913 ! 1,927 I 2,490 j 1 1.712 1, 907 2, 588 1,715 2, 130 2,783 2,128 | 2,050 j 2,666 2, 014 2, 054 2, 504 2^339 ! 2,544 I 2,078 2,147 2,421 3,434 L 3,260 242 !. . 2,752 ! 21 798 519 976 27, 329 25,329 5.760 5. 760 26, 475 437 4,749 4,724 13,259 2,799 506 27, 535 437 5,128 4, 260 14, 035 3,169 507 23 075 633 350 30 956 5.760 29,845 426 5,036 4, 624 15, 980 3,252 526 20, 447 474,348 25,882 19,716 685,002 24,081 6.006 | 2,150 2,071 2,431 ; 6.006 s 28,209 ! 25, 636 425 ! 429 4,686 4,061 4,033 3, 795 15,247 13,016 3,297 3, 783 522 ' 522 20,370 436,744 25,297 6.006 26,273 413 4,684 3,676 13,317 3,681 503 17.678 ' 20,612 410,599 i 427,836 22,691 ! 26,856 6.006 ; 0) (!) (1) 46,548 i 48,078 ' 75, 438 | '92,911 0) 0) ( 0) 0) 0) 2,943 368 I 269 2,220 3 22 68 I 77 20 941 2, 046 I 2,214 I 2,352 ! 389 I. 294 '> 2,553 l 3 ;. 22 498, 872 1,961 i 1,863 I 2,519 I 3,329 337 i 381 249 2, 519 3 25,906 1 30,434 I 34.133 1 56,092 29,782! 21,371 I 34,755! 59,162 58 19,943 I IS, 476 451,899 ! 441.372 25,135 •• 23,906 6.006 ; 23, 682 425, 363 25,821 6.006 I 6.006 6.006 26,856 348 4,878 ; 4,151 13,145 3,752 583 25,147 319 4,704 3,927 12,434 3,212 ! 551 25,467 422 4,589 4,405 12,153 3,371 527 25,979 345 5,059 4,279 12,386 3,403 506 410 923 4,661 1,495 365 796 4,463 1 458 , 328 774 5, 357 1,622 327 708 5, 650 i, 594 335 845 5,427 1,988 434 988 4,464 2, 269 .155 . 218 .155 .218 155 218 .155 .218 .155 .218 155 218 .155 .218 973 2,436 2.984 5,023 I 1,082 2 416 3 597 5 027 986 2.401 3,383 4,918 923 2,244 1,010 2,187 3,212 4,959 24, 857 356 4,608 3, 907 11,663 3,824 500 29, 266 399 5,368 4,150 14,447 4,344 559 331 854 4,335 1,499 6.006 20, 894 22, 878 449,641 j 427,231 23,246 I 23,966 6.006 LEATHER AND PRODUCTS HIDES AND SKINS Livestock slaughter (Federally inspected): i Calves thous. of animals.. Cattle . . .... . do I Hogs do Sheep and lambs do Prices, wholesale (Chicago): ITides, packers', heavy, native steers i dol. per lb.-1 Calfskins, packers', 8 to 15 1b do....j LEATHER Production: Calf and kip thous. of skins.. Cattle hide thous. of hides..Goat and kid thous. of skins Sheep and lamb do i r 532 1,146 4,174 2,454 .155 .218 460 1,103 3,223 1,840 5i3 1,159 3,843 2, 223 . 155 I .218 ! 578 1,280 4,218 2, 344 . 155 .218 .'218 1,029 2, 401 2,735 4,150 1,073 2, 647 2, 933 4, 462 51 0 1,018 5,023 2,126 .155 : .218 j 476 982 6, 778 2,175 .218 340 928 5,431 1,724 . 155 .21.8 ! 875 1,876 3,160 4, 662 1,093 2,402 2,433 4,287 I I i i 1,009 2, 460 2, 660 4, 860 1,045 2, 647 3, 169 4, 543 969 2.451 3,017 4,844 4, 991 r 924 902 1, 941 r 1. 973 2.935 I 2,971 4,643 ! r 5,619 l 2 3 Revised. Temporarily discontinued. Oct. 1 estimate. Dec. 1 estimate. ^Prior to January 1943, data are as of the 15th of the month. t D a t a compiled by the Department of Labor from a trade journal have been substituted, beginning in the M a y 1943 Survey, for the Department of Agriculture's series formerly shown, which has been discontinued; except for the difference in source, the series is the same as that published in the 1942 Supplement. §Data through June 1942 are available in the 1942 Supplement and on p, S-26 of the October 1942 Survey, except for revisions as follows (units as above): Cuban stocks, 1941—• December, 156; 1942—January, 46; February, 1,162; March, 1,943; April, 2,604; May, 2,736; June, 2,563; July, 2,314. Meltings, 8 ports, 1941—December, 331,357; 1942—January, 300,444; March, 271,526; July, 248,487. Stocks at refineries, 1941—December, 336,541; 1942—July, 125,721. S-29 SURVEY OF CURRENT BUSINESS November 1943 M o n t h l y statistics t h r o u g h December 1941, together with explanatory notes a n d references t o t h e sources of t h e d a t a , may he found in t h e 1942 S u p p l e m e n t to t h e Survey 1942 Ocfober August 1943 ! N~o\ eTh-' Decem; her : her January Februarv M a r c h ! April | May j June j July August LK \TI I M \ \ ! ) PRODLCTS-Continued R LEATHER-Continued Price:?, wholesale: Solo, oak, bends (BostonH . ,lol. poi 11' Chioine, call, B giade, black, composite dol. per sq. ft Stu<ko ol cattle hides ami leather, >md of mouth: Total . thous. of cquiv. hid( ^ Leather, m pioeos and flushed do Hides, r,uv . . do 0.440 0. 440 . 529 9, 813 6, 500 3, 313 12,519 8, 639 3, 880 0.440 .529 0.440 : 0.440 0.440 i 0.440 0. 440 12,429 ! 8,652 ! 3,777 ! 12,590 i 12,597 8,623 ! 8,680 3,967 I 3,917 12, 225 8, 591 3, 634 11,964 8,420 3, 544 6.75 4.60 3.50 6.75 4.60 3. 50 3S,r»01 l.Vi 37,504 341 899 801 31,992 3,913 11,827 8,174 3, 653 0.440 | . 529 . 529 0. 440 .529 . 529 11,590 7, 986 3, 604 11,197 ' 7,717 • 3,480 0.440 0.440 .529 0.440 0) 11.087 ! 10,714 7,522 ! 7,255 3,565 ! 3,459 r 9,985 r 6, 689 r 3, 296 1.0, 265 6, 943 3, 322 I . E \ T I I E R M \ \ l » V ( / l l IJES < Boots, si < es, and tslippei^: Prices wholesale, factory Men's Mack calf blucher. dol p«'t pan Men't- black calf o\ioi<], coidi-d tip do \\ omen's plain, black, kid blucheit do __ i'loduction, boots, ih.rt'N, and •slippci^'1'ot.tl thous. of paiis A Jii lot ic do \I1 labiic (^atm, cam ns, etc ) _. do Tart fabric and pait leath( r. do High and low cut, leatliei. tot il do (ifAernnH nt shoes do Ci\ ilian slioc.s. Bo> s" and vouths' . uo Infant,' ' do Missos' and (L'idnM!'do Mcii\s . . do V .mien \ > . do Snppeis and moccaMi^ for houseviear thous. of pairs, A11 oihe. loolwi'ai _ .. do . i 6.75 4.60 3. 50 6. i~) \ 4.60 i 3.50 ! :-.8,812 424 175 613 ,-.3,054 3,879 6.75 I 4.60 | 3.50 ! ! 37,119 , i 460 i ! 227 i I 727 i 31,092 j ; 3,333 ! 6. 75 I 4.60 I 3. 50 I 39,986 475 368 1,007 33,041 3,900 ! i | ! ! ! 6.75 j 4.60 ! 3.50 ! 35,217 415 305 <K)l 28, 971 3, 421 1,003 "*2,.i;«i 3,831 6.75 I 4.60 \ 3.50 | 6.75 , 4.60 3.50 6.75 ! 4.60 | 3.50 ; 6.75 ! 4.60 i 3.50 | 40,657 ! 37,797 ' 41,945 322 ! 367 ! 327 1,624 I 1,380 I 1,188 I 871 • 738 I 700 " 31,777 i 34,811 i 33.503 ! 4,278 ! 4,090 4,002 ; 36,313 ! 248 i 1,661 ! 611 : 29,394 I 3,995 I 6.75 4.60 i 3.50 : 6.75 ! 4.60 ! 3.50 [ 6. 75 4.60 3.50 39,614 ' '37,445 ; 39,453 157 191 127 I 2,807 -3,122 I 3, 081 655 568 ! 666 31,372 p 29, 304 I 30, 434 r 3 , 207 | 3,511 4,138 j 1,379 I 2.079 i 3.080 ' 7,561 13,660 1,401 i 2,130 3,224 7,410 15,003 4,219 ; 395 I 4,083 462 1,549 ' 2,048 ! 3.259 \ 8S31O I 13,916 i j 4,447 647 j 2,003 2, 7 \A 7,119 12,521 3. 9S9 064 1, 323 2, 101 3, 23u J,(i30 2, oyr> 2, 773 7, 086 14,496 1,481 2,019 2,797 1,486 2,283 2,966 14,244 16,211 1.578 2,129 3,061 7,819 14,638 3 682 O'J5 2, 749 722 3,053 751 3, 578 1,071 3,795 542 3,993 405 4,069 554 2,380 , 420 i 1, 960 i 2,550 ; 463 2,087 • : 3,776 1,284 2, 492 2, 452 ' 390 I 2, 062 1 2,641 i 458 | 2,183 [ 3,639 | 1,216 ! 2,423 • 2,578 i 390 | 2,188 ! 2,620 i 425 ! 2,195 ! 3,590 | 1, 181 i 2,409 i 2,602 ! 402 ! 2,200 1 2,583 • 416 i 2,167 i 3,625 ! 1, 168 ! 2,457 - 6,575 i 8,000 | 4,150 | 5,575 ! 6,750 j 4,850 7,500 4,400 I 3,300 7 500 i 7,450 3!600 | 3,550 4, 500 ! 3,600 4, 650 4, 500 1,468 ! 1, 684 2,019 i 2,132 2,525 ! 2,710 6,899 7,155 12,487 ! 13,553 1,792 ' 2,102 ; 2,648 ; r 6,816 ! r 12, 738 j 1,782 2,135 2, 857 7, 068 13,082 4, 487 593 '3,807 516 LUMBER AND MANUFACTURES LUMBER—ALL TYPES National Lumber Manufacturers Assn.: f Production, total mil. bd. ft. Hardwoods .. do. Softwoods ....do... Shipments, total. ..do... Hardwoods . .. .. ..do... oftwoods do... Stocks, gross, end of month, total do.... Hani woods ... do... Soft w oods . _. do... 2,561 435 2,126 2, 556 439 2, 117 3, 793 1, 164 2,629 2,980 : 471 ! 2,509 3, 100 | 510 2,590 5,164 1,734 I i I ! 3, 430 i 2,896 451 2,445 3, 024 523 2,501 5, 062 1,662 3,400 ! j | ! ! ! ! ! 2,847 ! 442 | 2,405 ! 2,988 I 541 i 2,447 | 4,914 { 1,563 3,351 I SOFTWOODS | Douglas fir: I Prices, wholesale: j Dimension, No. 1, common, 2 x 4—16 j dol. per M bd. ft \ Flooring, B and better, F . G., 1 x 4, R. L. j dol. per M bd. ft...! Southern pine: I Orders, newt mil. bd. ft.-j Orders, unfilled, end of m o n t h . . . do _ j Prices, wholesale: \ Boards, No. 2 common, 1 x 8 j dol. per M bd. ft i Flooring, B and better, F . G., 1 x 4.do._._! Productiont mil. bd. ft..j Shipmentst__..___. -do j Stocks, end of month do j Western pine: • Orders, new . ..do j Orders, unfilled, end of month__ do.. j Price, wholesale, Ponderosa, boards, No. 3 I common, 1 x 8 dol. per M bd. ft | Production! . . . . m i l . bd. ft... j Shipmentsfdo j Stocks, end of monthf do ! West coast woods: j ! Orders, newf do.... Orders, unfilled, end of month.. do ; Productiont d o . . . .; Shipments! . . do , Stocks, end of month do._ ' 1,972 382 1,590 2.207 425 1.782 3,934 1,317 2,617 6, 600 6,150 5, 050 5,750 10, 650 6,900 6,550 5, 500 6,300 9,800 5, 850 7,400 4,500 5,050 9, 450 5,850 ! 7,000 ! 4.675 ! 5,900 i 8,350 ! 17,641 20.053 18, 007 17, 064 64, 506 15, 797 20, 824 15, 948 15, 026 65, 428 29,612 27, 626 15, 535 19,810 51,153 32,295 i 33.637 17,806 | 26,284 | 42.675 i 2,105 381 1, 724 2, 386 434 1 8 952 4, 429 1, 432 2, 997 6,000 | 5,700 I 6,500 j 7,500 11,500 ; 5, 850 5,500 6 250 6, 300 11,275 23.249 j 19, 101 I 20,174 ! 26,779 ! 65,236 i 18.626 19,476 18, 400 18, 251 63, 563 i I i i I i I i I 2,581 i 410 | 2.171 2,552 ' 404 i 2, 148 3,672 i 1, 174 | 2,498 ! 2, 650 425 2, 225 2,616 422 2,194 3, 783 1, 172 2,611 I F LOOMING Maple, beech, and birch: Orders, new M bd. ft. Orders, unfilled, end of month do... Production_ _ ___ . _ _ _. do Shipments ___ do. . Stocks, end of month do. - . Oak: Orders, new do... Orders, unfilled, end of month.. __.._ d o . . . Production . do. _ _ Shipments . do... _ Stocks, end of month do.... 1.919 3.>7 1.532 2, 225 !C,u 1, 765 4. 151 ' 1,360 ! 2,791 i 2,410 410 2. 000 2. 575 490 2,085 4, 777 1, 485 3,292 5,900 7,200 8,000 fi,950 12,500 4,000 7, 575 2, 725 3,9; 2, 900 6, 950 8,100 6, 850 7, 500 11, 500 14, 496 24,510 14, 034 13, 586 8, 823 22,720 27,771 19, 288 18,906 76,422 32,340 32.340 ; 32.340 32.340 32.340 j 32.340 44.100 44. 100 | 44.100 I 44.100 j 791 808 772 • 818 794 793 j 44.100 ! 44.100 37. 000 55.000 627 662 515 30.000 55.000 779 819 791 32.000 30.000 i 30.000 ! 30.000 i 32.000 j 32.000 55.000 55.000 55.000 I 55.000 \ 55.000 j 55.000 635 i 657 I 706 I 715 662 i 687 j 676 ! 722 I 733 647 ! 694 i 663 i 645 699 I 679 740 725 | 443 491 564 578 34. 50 578 513 1,173 31.53 666 612 1,391 658 707 754 1,127 704 707 511 I ! j I ! ! ! ' : 22,609 I 22,631 i 18,633 ! 21,214 ? 73,841 , ; 30.000 30.000 i 55.000 \ 55.000 | 757 ' 758 I 790 i 784 i 758 ! 732 586 562 640 578 612 ! 736 ! 474! 566 j 31.53 32.01 j 31.38 ! 637 i 650 ! 432 ! 602 ! 615 ! 486 | 1,426 I 1,443 1,389 i 684 711 842 I 847 ' 1,106 1,145 ! 1,150 ! 1,095 669 812 ! 820 ' 757 673 858 i 768 830 | 596 578 ' 578 i j ! j 637 726 439 539 3,700 5,150 5,500 [ | | j 3,850 7, 550 3. 100 3, 550 4,150 16, 354 23, 600 15, 108 18, 085 8, 375 31,584 1 24 572 37 373 ! 34 708 17*, 104 ! 15,994 27,848 i 25, 437 32,931 | 23 065 19, 135 | 31, 699 ! 15 758 i 22, 144 | 16, 679 ! 16, 153! 25,900 ! 15 711 | 19 770 i 11,352 ! 32.340 j 32.340 i 32.340 32. 340 32. 340 32.340 32.340 j 32.340 44. 100 i 44.100 14.100 j 44.100 44.100 44.100 ! 44.100 721 771 653 747 397 542 44.100 746 771 | 460 ! 565 | 31.83 343 466 1,192 370 ! 512 i | 31.54 ! 244 374 1,062 31.36 246 366 941 31. 47 351 438 1 853 | 580 1,057 524 624 497 532 1,063 470 525 474 529 1,045 506 537 463 1,006 695 699 463 720 I 748 i 504 587 642 709 643 713 663 711 33. 000 55.000 655 715 585 33. 000 55. 000 629 670 544 33.000 55. 000 650 639 555 37. 000 55.000 660 665 550 491 564 556 577 603 591 540 561 694 | 727 i 31. 59 424 482 795 32.08 585 514 | 866 ! 33.36 645 544 967 34.52 635 589 I ,013 770 i 1,048 I 713 i 724 '• 504 781 i 1,105 731 721 500 i 753 1,111 705 716 505 700 1 103 659 1 I I I I 34.59 616 569 1,108 752 1,117 600 I 716 687 I 504 i 728 503 l ' Revised N o quotation. t R e v i s e d series. T h e price series for sole oak leather is shown on a revised basis beginning w i t h t h e October 1942 Survey; revisions b e g i n n i n g J u l y 1933 a r e a v a i l s b l e on r e q u e s t . T h e shoe price series for plain, black, k i d blucher has been s u b s t i t u t e d beginning in t h e J u n e 1943 issue for t h e colored, elk blueher series formerly s h o w n ; d a t a beginning 1940 are s h o w n SUKVEY OF CURKENT BUSINESS 3-30 ! m i l b l \ s l u i i ^ l i e s t h r o u g h Dece*_.her ,< 1911, toluol h e r w i l h e x p l a n a t o r y . s o l e s and n'fj'rt-nres to I he sources of I he <latii. m a y h e f o u n d i n t h e 1912 S u p S pleme">l Jo I h e S u n n Tel November 1943 !912 <V(o Aumi-t 19*3 \ " c 'Mil- 1 )i' • m - Jjnii- I " i " U11 i 1 Y/J " Mau'h ! Apnl ! May June Jub l.l'UHKR \ \ i ) M XNL'l ACT!KIvS--Coiniinir<] SOFTWOODS—Continued K e d >vood, <'alifoi in _ ( J K l i ' t - , IM W . ( i n n iN - I ' d , 1 U d . c n d i i " i Pio«iu< H o i M u p m e i i t s _ S t u ks, < i.d < 1t\on'!' M ' il t i n i .' , i< nt 12. ' ^ i 5 SuS Ml ".12 i . I) 121 s " .7 oi i •" s ' , s M '7s 1». P 7,')' h I-, s>(") ~. >*}> 1, (' 5'J s' 1 "2 hOS 1 9 * (I !! 37, 120 1 \ ] to 11." s " 7 1-7, 107 90, 949 7\s IH, 1 i"> 151 Si'* 1 S'I h>2 1 S, s \ •K 1 ' Ml lull 2'K> >M, i i i "1 7 A >7 2 '7 ">\ is 52S 1" 212 } * , V" { ^•'•.11 st, i s r •51' ii n \ r n ni. .All d i s f i i c t s . P l a n t oper ifion< J r a n d K a p i d - i d i ^ii< i . pi t e e n r <n n-.-inial . Canceled p c . " i M t ,,i ; t n \ ( . ; ( i c : New . n o . " | <ld\ ^ p r ' , ( l i ; e t i . . i i I n f i l l c d , e n d oi u i . . n i _ i do Plant opt t a t i o n s p e i c r i . t uf n o u n a - . -shipments n o . of d , \ -•>,[•'(>.\\u i i o u '! 70 ;. .) 20 7' 0 21 5. 0 23 • 100 74.0 : 72 0 21 19 i 4.0 20 10s 65. 0 17 0.0 21 i 108 j 00.0 ! 21 j 9. i s. 0 17 1" •• 104 : 05.0 ! 9( 55. C 21 20 MKTVLS AM) M \ M F\CTl Kl S IRON AND S T E E L I r o n a n d Steel Scrap Consumption, t(>ial * Ihou.s. of -h I Home sciap * . Purchased scrap* Stocks, consumers', end oi 2 . to Home scrap* Purchased scrap* . •4,1)30 2,796 i 2,134 0,078 ; 1,544 4,534 .1., l,7so 1, -VA7 1. \ l.i 5.037 2,779 2, 258 0, 274 1,600 4.674 17 124 4, 080 2,600 2 080 6, 209 1.699 4, 510 5,031 2,850 2.175 6. 233 1.053 4, 580 39 7 12 31 M 5 r > 927 73,524 03, 572 59. '57 "». 119 2,919 2.200 , 6[ 351 1, 727 4,62t ' 5,199 2,938 2,261 6. 253 1,682 4, 571 5, 289 2,990 2. 299 6, 279 1,670 4,609 5. 032 2,855 2,177 6, 365 1,715 4, 650 7,104 0 32,743 27, 642 5,101 7,186 7,723 I 1, 955 25.088 I 18.497 21,150 I 15.682 2, 815 3,938 7,374 10,975 21,297 18,520 9 777 0. 940 11.864 26,098 23,273 2,825 85,744 • 78, 1 4 3 ! 76, 526 . 74,244 , 77, 708 0<), 95M 72, 559 09, 146 70,744 91,053 nw. ,"05 00. 101 H7, sO/i •»9. 1 1 1 70, 534 or, on 07, 95 I ' 07,610 OS, 4S.j 5, 361 3.007 2. 354 6,179 1,688 4, 491 5, 2 W 2.LM2 6, 2 s 2 Iron Ore u A e S u p t 1101 d i s < i u t C o n s u m p t i o n b \ thou 8 ?. loru t ^ ( U f ) m e n t s f i o i « i n p x x 1 l i k ce p t i ' ^ d» < Stocks, end of nonth, total do \ i furnace s di On Lake l.ne do 'ks do 5 i ^ I roti au< l Ir \la p Stock>. end of month. dc- . Slet-1, Cru<le a n d St*ttiiniamifa< i turcd ' ^ l i i i ' . s , steel, i-ommrrcial. O r d f / s . new , tof'il, n e t . . .-.Ijorf fojj^ Railway .-pccialf ies _ do P r o d u c t i o n , ro'al . d • Kailw ay ^pcci'Uti(-s . . . . do >\>'i 1 incot •; a n d ?iov\ for cast i ion .»f short Pei\'enl of rnp'ietf> §. . iie*^,, w hole ale: Compo^'fi", finished sii'ol. dol P }h Steel bilk-is. rerolli:i2 (Pitt> dol. p, r U,:VJ ton urJi) dol. P-T lb <iw\ • ?trucf u . dol. per }',',\-J ton ] , snvl p r o d i j e n . . . 1 1 . 417 0t>7 42 ".is r 122 S S 'y os2 oi 70} !•» " "2 70, !)()7 Os. 251 h5. 457 f»0. 177 03, 703 5, 0"7 I.V'J") 2.'^ 50 2 I 2'' 21. (K) 2-1. 17 •Jl on ."1 220 1, 272 2 t 20 21.01) 4. ii-57 21 20 21 00 J3 50 2 \. 2.S 5,219 23 50 21 23 21.0(1 23. 50 24. 23 21.00 5,314 ' 50 23 o,) 191 '.VI. 700 0f», 7 o 4 17,919 is. fs20 3 ( >. 1 7 1 1 5 . 4 1»i 152. o s o 1 I 97(* 11, 13.', 1 :3. ^-.o in 7s," 2'3. 13'1 2 1. 020 I'M,217 1 7. ''.5s l i . HP 12, SA2 '-. SI,") 100 1 3s.572 33, si6 1.75H 4, 7 4 s 5.010 21. 23 21 Od 5, 0 3 5 2 3 5() 21. 17 24.00 4 , *:}•> 23 2i 21 5. 0 1, 4S7 1,539 j 1.50." 0 \ 0 5 I • 75. 763 60 177 202.731 31 061 17*5,470 17 7, 670 100 70. I1 «s t'1.318 5s. 811 57. ol*. 8, S 3 2 ?.\ 00 0210 , 0210 1 s 7") . o2)o 1 s . To 1'»_' i ( > 1 s. 7 5 61.271 ' 92. !37 1 70.815 ' tVi. 155 13.222 ' SO. 99. 83. 82. 14, 82! 679 59f i 279 53(» 50 17 00 23 •,'9,910 t>5. 019 2-5 50 21 17 5.310 1y 527 T 97.047 ' 93,0."^'. 11)1 1 1 1 20. 4'.1 192. 5"] 1 1!».95! 161 4 0 3 17, 407 VYA, S 1 2 21.421 7, 3 7 1 99 7. 515 7, 02 7 .0265 . 02ft" 31 -I? 1 .021(1 i s 7"> 34 0»i .o21't 1 s. 75 31 00 .020j 31.00 .11210 18.75 3i "0 , .0210 ' Js 71 1.031 J71.7 iS. T l'">3, 9 3 1 22 U N W . 2s 1 5 , i) { 7 1 "i\ 7^ i J 1 '. 71-1 i l (.'» , 121 o 1 ^ -75 l,7ol !, 553 J. 772 f : m « i l s a n d d i u m s , M<M ] . h e t i v v fyy.i-s.^ O r d t r-:. iiTifdl"il, e n d vA n i o n t " h ' I I U . H S J ' . I N Prodiicti{»n __ (]-, d d \ 052 23. 50 21. 20 24 00 • 5, 178 , . 02' 5 . OJ1'.) liipmer.' ~ of rm.-!:i «i thous. of elicit tf-n.s. SJu;.;iion«s S l o c k s , e n d of ihoiMh . Hollers -ieel, nev; orders: Ai(-a _ . Q u a n t it \ . . 13.(»77 5S9 3S9 OfiO 739 4,954 1.512 37. I l l -., J02 17". i;> !3. ".If. 1 V> 771 JJ.O.'l i. •'••)! 23. L'J 24 .".. !. 1 5 s 10 130 15. 737 37,3.^ 1.", 22J — I.-?, |sf! ]:'.'». l ^ J IJ. 9-sS 50 20 W 91 1.2-1 4-;. 02.' X'.i. 321 91, 2CI 3 2, <'"•! 2> 21 2 4. 5.0 Sli'el, MaiiiifaofiireJ Products J 13, 32, 2s, 3, nfiirtiir«*«) Castings, malle,ib!ix: Orders, new, net . -hort IOILProduction . do Shipments . do Pis iron; ronsumption* . . . . fhous 01 sliort tons Prices, v hole^a'.e: H:\sic '.valk-.v furnace;, ilol. p^rloii^ ion Composite . _ _ _ _ _ do _. Foundry, Xo. 2, Neville Island*.._ do Production* fhous. oi short ton*. Stocky (consumers' and suppliers'), did of month* . ... thous. of short tons toilers, ratline, ualvani/ed: Orders, n c v , net _ number < / boi!. r-* > Orders, un(d!"d, t>nd of moiith .. do f 11. s is o ^ 14.2.C 2. 1«» 1. 1 3 9 i. 530 1. 53S 'J, Y.Y.i !, 120 1. 419 1, Vi 1 1. J.5M5 _'70 19 i h o u s . o! so f ; nuiul^-r 1. V 2 1 2.772 1,'JSfi 1.9! 5 45 2, 2M s 19 2. 4. 793 4.201 1, 990 00 1 259 l.iii;; 4(»1 r 5, t»'.)9 2, 10S 1.1 233 1, 3oO 2, 27 1 5.019 1, 119 . , lie vise C'inrel-ttii'ii=i •'*(•• neA ord< rs b y i h r aniouru --how u ;-b ->ve as ,1 negative iiotn. §Hei_iuninir J u l y 1943, percent of capa< i t y ;s calculated on ai.nu-d 1 xp'.caty a> of J u l \ 1, 1913*, (.1 9(1,S77. Ho tons of o p e n - h e a r t h , I-Kssemcr, a n d electric steel inuots a n d hte- 1 fur co^tn^s; tvirher 3943 dafa are based on c a p a c i t y as of J a n . 1, 1913 (0u/->\ v bi! tons, a n d 1912 d a t a on f i p ' i c i t y as of hd> 1, 1912 fVj. 104,520 tons). ? of th" total value of these products reported in the 103° census, increast>d in 11 * 1.3; r n a u u f a c t u n rs ri-portinc ?n 1913 ucounu* i lor ippro\ir'int< \\ 9s- 1 *Xe\v s( ru'S. F o r a d< seription 01 t h e scrii-s on scrap iron a n d s r e"l a n d pi'j-iron c o n s u m p t i o n a m i l k s mid 1939 10 data, sec noic marked • ' * " on p. S-29 of the X-nvinbor 1942 S u r \ e y : Kit* r d a t a are available on j> S 30 of ihc April 1\'-V2 a n d viiln-.iijenr issues. '1'lu- new viii-s blast lurnace pnyduclion of ]>:u in^n, including blast furnace ferro-all.»\s, is from t h e Aiiier.< an Iron ond Sieel I n s t i i u t e a n d is a p p r o x i m a t e l y con:| aral/ie w if h d a t a from t h i Iron , in the 1012 Supplement. (data . .in the . Supplement are in short tons 'in.., , . , . .. .___. „_., .... _ ... stead of lone tons a> n u i i c a r e d ) , but include charcoal f u r n a f . s ; U rro-nllo.\s produced in electric f urnace> arr not included; for 1911 m o n t h l y average from A m e r i c a n Iron a n d Steel I n s t i t u t e i n d d a t a besinninc: Januai> 1942, see p . S-30 oi t h e M a y 1943 - u r \ e y . T h e new [>iji iron pii-'i\ i. o. b . N'ewlle Inland, roj)Iacc3 iho P i t t s b u r g h price, delivered, shown i n the Survey prior to {he April 1943 issue; 1941 averacro, >'24; earlier d a t a will be shown later. S-31 KY OK ( T R R P A T IH\SIN1<:SS urn Monlhl> htiiliKlirs t h r o u g h I>t*«-t*mht»r I'Ml, louelhor MI Hi explanatory note*, ami references to the sources of t h e ilalii. m.'o »»«' foumi in the 19V2 S u p p l r m r u i to llie Snr>ey \M\"M- Mateh " \\n-A M-.\ Juno ; July ! August METALS \ M ) MAiNUFUTlRI S Contimie.l ?s \ M ) STKKL < "i.t.'juo.l rotliirts V ('• n ... !l'd i ' iw u :i 33 i n'- i i i t , - v i Iu ' -. ^ ( • , "•<• I'll s. p i U'.< \ IO.I f >i I-,}.. o*.t i i limn, - 5. !32 ' i' i2 J^'t 5! 2 ! l^-s "iO 127 iH I'M > 00 j I1) > 7!7 h7< 1 I" Ho' 1-V) 9ll hi II! "<• illil \\ in i'»9 107 2 ) 22i) Is5 1U* oi,«) 5, Os'8 510 505 1,032 173 055 I 511 ^ 1 I, ••' -s 172 h^t 100 1i1 321 205 355 Hi) i'S i JM ,\\ 10' V. 'IS i.M 357 M>ll«'i " 2°s 209 j \O\FKKKOLS MKI'V!^ Mt-t.iU \ ! u r u : m " i , s n ip, ea->nnj^ \ ' V.) .1,] p.*i .b ' ' o n p e j , eJeeltolv'ic <"V V i d< Le id, H'imed, p u , (ie^iUei Ked [ \ .V. do I m . St'.ulb ( X . V.) . do Aim. prime, \\( item f^i. L O U H . a<> .' M 2 U7S , 0 s 12 . 1178 .5200 . 0050 . 5200 . 0S2) .(is 12 . IS7s 0t)5') . 520:) 0-^25 !117s \ .otiAO ! .5200 ! t, ^51 1 > 1 .'Hi.'iU 0' •.",(! .520* . 0« 38 J)*2f> \ .0725 .1178 ,0050 .5200 ,0825 ! ! ! ; i . 0n23 . 1178 . 0(550 . 5200 . 0825 1,315 I. 1M I 4,097 I 4,237 2,05s t.01 i 2 017 i 19") 1 496 ! 2,180 ' . 195 827 1, 982 195 Miscellaneous Products Bt inn"- ni-H ii f t t h i t e - h ^ o irit'fiift wu). o »n - u m p ' i o n ind s h i p m e n t - , totai .'59 u w i u fa< iti'i ts t h His. ol 1b Con i m p t i a n and i l n p m >nN. 37 infiC«)nsume'l m own ;>i u, 1 , thou» of lb ^lupu ents do ->lu» i s . b i a ^ \\ hole*- di p n v, miH <H,] p , : Sr, \I\«:HI\EKY \M) 2.0! i J'.t i 1 'Ml )" VIM»\JJVIIS Bio \ . i - m , l f .!,•.. n c \ ' o i d ' > ! . 1 1- ( t t u o .« i h i ' a d L"<UK J tiion- :o MI ) 1 i *,> ot d o ! Oiili">. row ( » » d ( i - , ; i o f 11" 1, e n 1 o f m o u i h 502 <3o do it V>!> ' 2, 7" J ' U n d l \ oqUl,>I .( '!' .\< v < , n l « ' * , n,-i t o t a l \ i % e q u i p in a t \ ' 32J 171 »0, S72 : t «)"Ii • 3 270 " 2.7M ,^1>> 9 271 i 590 j ;u l "»")1 t "SO ,s T 7 r, > • i 1 in 1 • (,uipru<Mii a n d hc.i'.inu appai-itUo: ( )\\ bunu'Ts: Ordc?>, :u'\\. not... .nunib OI-I.M--!. inilillrd, i.-n«l oi n i o n t ' u . . . . . <io d p Siork-^, tMi'l of m o n t h . \ I o f h - i n k \ i l h l n k o r s , sales: % 119 17, HI " 2 ^ 5 77 I'.J.Ohfi 2 0 . 79(,< r>, 317 , 21.100 21. 13s 7. <>o ju, 71'; ::7. i 19 30, "13 .<tj,nt'.l 1,117 I. sii-l , 2 3 , 14*'. i.WH 22 s 2 7 7. .',(>•) 7, 12." , 22,111 5,920 *>. (i«»7 512 5.'.».")j , 2K351 7,301 11.221 .">ss "71 ^ . MO 3l.9s5 r.'. 133 2 515 li J 0 .iY* 11 G, 787 , 22,177' •'», J 2 1 15,715 35,4U«i 2. i v { l.'.'i'O 2, 12»1 t',^2 ! i s , ;,.? ">li> i*7, 529 fs5 JlO, 177 2 73.". , 7-!9 ;i. 13D 2M) H,7»5 35,129 S O «1 8, 505 2, 8SS 379. 320. 577. 0 3'i(). 1 311.0 5.5^1 1, i;$2 , 2 1 0 20,510 i =) . 55C. y 20,628 4,93s. 4.511 35,790' 31,808 r 2,330 2, 779 I and 5: p Vm\ !it"itcrs, new oidcrs lho'i<. of d"l \V-i»Mi-;u' p . n n a e o . w i n t e r air-condilioniii'j b>,-U ms. u r d c q u i p i n e n t . iw.w ord< 1^ tlious. of do! Mai'hiiu- tool;, s h i p m e n t s * „„ •]••> . . . d l hi 7. ,. 12';,/.ls LOU }. S", P i h in t . o i h i - r h a i i ' l , a n d v v i r n h M i l i p i n n i unu> I'-iwcr pnr!i;>s, h o i i z o n t n ! typ'.. . «i,> \ \ MIC! ^ x . - l i ' i i i ^ , i i i ^ ' l u d i i u ; p u ; n p > •{•> ' n m p - s - t r a n s , p o w 0 1 , o < ; u l i i l u , a ! , <m<l r'<t - n v O » d i . r > . novv t h o i i h . of ilo"i_ 125,415 . IV- 2I ">2. ] ' . ' . 1!^ is. ti. 2''. ! ,x 20, 0, 12«> , 19! 21. .- 1*10 7,11 :;3. MM) •2:11 S, 772 7 n;s ol.} C. 11 5 . J91 521.0 35l». 'i i! 1 O 2s, I'JI I'.t'iS | r 51 I * 91, 109 118.021 1 59 7, • J i i s. 4. - J, 1 0 : 1S li U)t 97,95'^ 480 .51 1 i. Is3 r .!\S1I> r 3 ! , t).!, I'll Ki, 5'.8 ,UK) 12, 5sO 1.1<;2 1,317 1..W. 42(\ 0 109.0 ?•> I". ^7. 0 121.0 3i)9. 0 1.V2. 0 111.0 1,097 •'• Kij.r/* I I H : \ L K O I i m i - : \ r i a i i ^ r y --hiiHMcnts ^:iuto:t2«iti\v i r p V u v m i 1:' l 1, •A7 i, 1. , , , 1, .;oj w l i 1 .•.•) j IiKuhiMn-i o u H c n a l s , sn'u-s b i l h - l l')ii'..- ion M o t o t > ui I ::r;i< ta:vr->. in'W nrd--r^ do '1 ran^!;iii--- | iMi a i i d d i s i i i b u t i o i i ( ' i i i i p n u - r u . ., 0 s.j' t, j 0 ' } <) --O5 Ii s >.• 11 <"• 0 3s2 0 ''•••. 1 0 I'M. O I'I i) ,'• 12!5. t) •tl.o !os 0 0 1 u r r . a r o b , < U-i'Tic, i n d u - i r i a ! , l- iu-s . ' \\<A V-iluo . .. 13 M2i kil'iw.itl. t l i o u . - . i»l d - i ! - 1 U ]:<)] v i s < d . l i : c 9 9 § T l o v i s i o n s iii m a n u f a c t u r e r s u n f i l l e d o n t i n - < r M e r ^ r e p o i t u i . u list > u v \ n , f o r i-»it^ .1; n . 1. K-r " ' 1 2 , \ ? . r i l - . I u l y 21 h a v e 079 750 t',. V U 2 ; J ( \' N92 i.vMii.iM- 1 it'., 1. 5. ru 9." 211 1, - i l l a r , d Olo s 9, 7.2 ( )1 i ix1', r.c 8! 3 1. i ' 7 ,i sVi 7.'<">! 1.os2 1,, p 5.'.»!)' l'i i 5 97^ 7. l'N S. 191 . 141 5,900 ' 5,590 ! *!, 420 1, 597 87 0 8, 217 7. 90S h. 70.) *;, 053 t> I;'. N> 3, .712 , 3s8 s 1! 1 tiOs '!sj 12, 017 9 t> 5.3! i 5, 972 bvi:innine .Marc-h 1943. , - , ! i pJ i i i i ' i ) I ^ jj p r o t i u c i s !i>r \iiv t i u i a t i o n 01 i h e w a r . p SH , lor April d a t a stv IK \v a! b boitoin <.\ p. ^ - 3!! i 1I10 St.']Hember ":9i3 i isue. 3 in I c of .--tokcrs; some iiianuiaeiun -toki s's or,ly (K'fa^ionally. rFli(i n m o u l a e t u r e of class I s t " k e r s - for iho !(•»•<:(• redo'ff iou •«'!(•?• lh<i> n;<ihf h in Jii.1 : i n s for elapses 1, 2, and 3. • 11 monthly a\eraiie^seo IKJ(C marked "'"" on p.S-30of the April 1913 Survey a n d for m o n t h l y ail:ibl<' on ri-quoM. iber i'»42 issue. T h e tvrk-* on nuin»»oi ol a u t o m o t i v e replacement batteries shipped rcpn-sents tht* i d formerly shown; d t b i data beginning 1 7 will W published later. 1937 ill W h indexes f l h blihd lt di^fi.-Jit'.'-Jird For eatluT 1912 d a t a cxivj>t »nr A p u l , M-O ttic Oi-iul.cr I!»i2 ;md Inly i ' ! i ) Sur\< V-b' the K firms on iho n-portiru: list in 1941, 20 ha\»: di.^C'HLinut'd !)v Tnamuacti M was d i s e o n l i n u r d 8c{»!. 30, li'12. by order 0/ thu War T'roduc/ion J<>(\<rd; fliiy ULCOIU \\U-x\>i't\ s^rios lmkwort for eieetneal p r o d u c t s hav*. boon (o'opl-.'ti-ly r^\ \-M-\\; lor d a t a hoiiinninn N o v e m b e r 1941, see p . S-30 ol tlw J a u u a i > 1943 issue; earlier d a t a anN seruvs. For 1940-4! d a t a lor machiiu (ool sluj) n e m s , sec p. S-3«j 01 tho \ ; d ( l ild d B a h b bd e s t i m a t e d i n d u s t r y (otnls compiled b \ D u n d- B r d d s t i t substiiuted lor 17.20! 1.2 < •; 3112 I uuwu'Vvl l! } i-r p r o d u c t s , s h i p i r o n > s do M ' . i i o r - ; ; i 2ou i i p j : ]'->!> p h a ^ o i n - l i i c l i o T i , hiJJinfJS . <!<• 1 ' o l v p l n s i * l r . ' l u c l i o i i . n o w ord«T.< d«. ( m i «•{ c u r r e n t , b i l l ' n u s .. .. d o D i ' i - r t ' - n i T o n l , M'\\ p r d o r s - . . U'. - 10 ")11 S-32 SURVEY OF CURRENT BUSINESS Monthly statistics through December 1941, together with explanatory notes and references to the sources of the data, may be found in the 1942 Supplement to the Survey 1943 November 1943 1942 September August | ternber 1943 Octo- ! Xovem- j Decem- j Januber I her j her i ary February March j April May Julv June j August METALS AND MANUFACTURES—Continued ELECTRICAL EQUIPMENT-Continued j Rigid steel conduit a n d fittings, shipments j short t o n s . I Vulcanized fiber: j C o n s u m p t i o n of fiber paper _ thous. of i b . . Shipments .... thous. of d o l . . . 4, 752 i, 374 9, 102 i 4,219 1,351 4, 30-1 1, 581 4,832 • 1, 014 4,314 1, 405 4, 707 1, 595 9, 613 | 9, 403 ; 10, 002 7. 907 5, 056 : 1,650 | 21, 420 i 17,452 ; 14.509 4,551 1,020 5,026 I 1,852 1 4. vS9 , 4, 924 1, 613 7,53: 4, *73 1, HI i, r.9 1. HI l". 19*' PAPER AND PRINTING WOOD PI LP Production:! short tons .! 739, 039 819,372 771,141 Total, all grades .. Chemical: 359, 398,460 : 3 7 1 , 7 9 M Sulphate, total... ._ _ do 296, 329,413 ! 2 0 \ 9 1 t ) Unbleached do 194, 239,660 ' 220. 093 Sulphite, total do 123, 144, 930 132,721 Bleached--_ do 33, 33, 284 33, 391 Soda .. do 130,761 120. (H7 Groundwood do . . . . 129, Stocks, end of month:! 81,169 185,828 i 17"), 21! Total, all grades _. _ do Chemical: 72, Mr. Sulphate, total . . . _.. do 13, 382 61,576 00, 067 Unbleached do.,.. 56, 988 41,345 47. 838 Sulphite, totaL. do 25,909 31,948 Bleached _do. _... 4, 386 4,395 Soda, . do 70,174 Groundwood_-_. do 54.75 4 83s\ 520 703,114 73*>, 070 755. 009 30J. s j l 317.MSO 2 1 ! (<10 147. i ;7^ 3 4S\:U3 2,'.N 300 2i-\9<>2 131. 214 6~, 533 I K 421 332 0T9 2t>0, 23* 127. 2'U 34,794 111,909 331. rw\ 271,201 2 O \ 302 201 <)>") 129, 033 12i). 519 3t\7i'i 3.-5, si() 11" 500 13 3 4s5 I'M 357 119 299 143.9V! 129, Id,". 74, 274 07, 11* 05 2 IN 50, 4>0 30, 8 43 20, 13(. 3,717 4>), 81-5 JO." 50 250 3S, 9(»3 21,3v2 r 529 :<9,02t Ah. 404 21' l.U 1, 392 42,40 4 2<>S, SM3 5M, 719, h3i 22 UVJ > 398 40 940 111, 159 31,589 25 074 30, 33*. 16, s9s X 175 43. 04S 793,9% 770,921 7 8 \ W> 7 JO, 5 713,575 307. 304, 2! 5, p.s. 3(>. 151. 355, 324 2( 2. 973 212,331 1315. 910 35,0(10 146, H 9 30S, OiJ 30 i. 550 217 313 141,75C) 31.9 47 147. 799 321,889 209, IA\ 2HK7MS 13"). 14N 32. ('SO 330 127 97.722 103,3 43 101.713 1)1. 1>7 11.91s U."71 25,951 10. :-5O7 2. 55s 12.087 8, 2s I 28.352 lb (Mil) 2, 7S5 50, 78") 1I.0.V. 8, 1U.5 27.9('3 17. 703 2,54 4 57. 05s 110 303 S19 3X5 • 54" \U\) 97 10. .y.s 12. 132 28, 0o0 17,713 2, 85* 40, 435 r 37-! "21. 12K705 3 5.215 VV\ 751 • 13 i 7 "5 - ^ i ssi s i!.;i;. ( j 7,971 (). .' Is 14] 021 ^2 S79 PAPER Total paper, incl. newsprint and paperboard: Production short tons.. Paper, excl. newsprint and paperboard: Orders, new short tons Production do Shipments do Fine paper: Orders, new do Orders, unfilled, end of month do Product ion . _ do Shipments do Stocks, end of month do Printing paper: Orders, new ... -. do Orders, unfilled, end of month do Production do Shipments - do Stocks, end of month do Wrapping paper: Orders, new do Orders, unfilled, end of month . . do _.. Production do Shipments do Stocks, end of month do Book paper: Coated paper: Orders, new... percent of stand, capacity... Production - do Shipments do Uneoated paper: Orders, new do Price, wholesale, " B " grade, English finish, white, f. o. b. milL.dol. per 100 lb.._ Production-..percent of stand, capacity.. Shipments do--.. Newsprint: Canada: Production sh ort tons . Shipments from mills do Stocks, at mills, end of month do United States: Consumption by publishers do Price, rolls (N. Y.) dol. pershort ton Production . short tons.. Shipments from mills do Stocks, end of month: At mills do... A t publishers _.. do _. Tn transit to publishers.- do Paperboard: Orders, new -. do Orders, unfilled, end of month -do Production do Percent of capacity Waste paper, consumption and stocks: Consumption _..short tons.. Stocks at mills, end of month -..do ,07^.350 1,007,(.24 l,20".s73 1 O'j7,H" 1 107,517 1,131/(25 121,013 400,098 434,629 452 • s ] 4 " , V "i 4 "2, 12] 4 ? (>12 >', ( ),* 42.MI5 36 5"! 4" <»*.7 14, 2S5 4^ 775 1"i. \ I ( 's 5 *>' ' ) 122 ^2 219 H\."5JM l"i ^ < Ml. 502 101, 2*>0 111! 201 30.4 34. 0 35. 8 47.4 45.2 48.8 52 lot 4^, !' 1 4s J71 47 s x 5 IS "45 19 57S 45 ( ° 2 '.»*», m 88.1 : 88.4 7.30 85.3 86.6 7.30 I 79.2 ; 79. 5 -t..0n, 5^ 1 U 50, 21 ; 51.55^ 12 01M 110.M"i 10(>. 157 1M 1 20-! 71, .i.'l 171 l f .S 1 40, s 1! 10', ()!") 1,2 M7 1<2, O'.l 10",. 7».9 93, 80^ 1S2. 8 if> Ih4 092 1(»2,317 177. 0 M 17") 1(»1 1H», 100 1M ^ s l i \ 215 lHor 1M '21 118.712 11M 007 59.7 i 51.3 ! 51.8 105.3 7.30 90.3 ' 95.0 ! l.'Ji <,Jo7 1,213,177 1,171. 549, 592 509, 201 f is, U80 ls2 i \)7 171 (>U 1 1 un 1 I'M r>v>is 7.30 88.4 88.8 511, 4(0 n, us 142, S 58. 0 57.6 60.0 o\i 2 U 510. 2' )0 4 )7. ('90 471,924 62.7 50.3 54.0 55.3 ' 52.6 : 97.5 ; 7.30 I 86.1; 91.4 j 7.30 90.7 92.9 U.2 124 M l 1 ~>\5Ss 041 5 53 17'», HO 107, "iM 53.7 54. 4 55.9 It \ JO!,. 60.8 55.3 59.5 f 0,130 so, 3S(, 50, (>79 52, .r92 iS, 437 ISO. 1 (K.I 100, 4 H 74, is,, 132 090 U,i 007 K.3, hOl 59. 5? 1 87, 120 "2 030 51,345 37,7u2 57.32S 97, 727 Js. 154 50. 31. is, 002 10 i 704 . 831 M58,1 12-,277 1 J 7 , 773 U I")9.',i2 159 Sim U)l,1(»') Ihl, 0(-7 171, sis 1V2 7 >2 193 217 227 62.6 i 59.5 ' 59.7 i ls{ s n ]S 5, f JJ 174, "/)7 174, S5s 173. "24 1*0, l".o 17(» 717 (•20 S<) U2 7il 179, 104 i s j , .>!" ( Ih2 2 4 !<*9, 917 78 4K. 177 \~2 501 ( J1 > 0"s 49.9 56. 9 59.4 92.6 7.30 i 89,6 : 89.9 : 40.0 : 52.0 ! 53. 2 89.0 I 87.7 • 89.0 ! 80.9 76.5 7.30 93.6 90.4 7.30 ! 7.30 ! 92.5 i 90.1 ! 92.1 •' 90.9 ~ 7.30 ! 88.2 i 89.4 i 7.30 ]. 88.3 ! 7.30 82.2 84.6 7.30 86. 9 84.5 14, 547 365, 260 53, 036 18,149 430,409 40, 270 647, 413 579, 800 637,516 523,648 ! 555,071 I 660,890 ;013,746 •615,184 ! 629,900 i 616, 167 212,953 : 230,208 272,006 i 321,885 i 379.573 ! 413,084 I 454,308 529,214 535,850 i 607,425 i 555,290 i 559,730 ' 576,376 ; 568,637 82 | 75 76 ' : 88 81 i 86 I 257, 845 262,323 i 259.612 268,990 284,216 i 260,792 79, 229 57, 336 i 56, 156 i 252,399 \ 226.741 208,143 I 237,111 i 243,281 j 248.255 !228,450 212,260 i 50.00 i 50.00 ! 54.00 ! 54.00 | 54.00 ! 54.00 50.00 ' 54.00 I 74,655 ; 69, 792 : 64,358 I 71,357 i 68,001 j 68,707 ! 70,274 i 67.883 75,222 ; 09,691 I 60,147 | 71, 824 | 70, 368 I 67,138! 71,944 | 68,083 i 12,551 ! 11,310 10,168 ! 9,601 ! 9, 702 13,913 ! 13,446 ! 11,079 ! 12. 648 455.203 470.852: 447,396 ;429,255 ; 391,102 381,466 i 377.790 ! 361,553 I339, 299 52,538 58,655 j 60, 108 i 50,094 j 66,707 ; 63,166 j 53,774 | 57,680 | 58, 820 331,895 394,527 If.' ' u.j. 56.6 : 58.6 i 58.9 | i 244,191 ! 233,544 ; 221,807 246,855 ! 229,573 254.046 !243,530 ! 215,016 ! 222,383 248,469 j 243,813 257, 756 90, 374 | 91,986 I 110,514 ! 109,938 ; 108,324 ! 94,084 312, 279 343,460 :316, 454 420,465 ; 424,451 ;408,753 121 202 61.0 54.2 i 58.9 : 222, 718 58.00 64,328 63,315 ' 382, 686 304, 215 »156, 000 422, 958 4, S.I 177,(» 66. 5 61.2 59. 3 253,239 257,618 ; 271, 555 251,147 255,563 i 292,405 j 295,625 ! 255,087 154,122 i 119,335 ! 95,265 ! 91,325 I 223.189 | 231,691 ! 254,349 !260,542 50.00 ! 50.00 ; 50.00 ! 50.00 79,885 i 77,962 i 84,217 i 75,065 79,556 • 83,560 \ 85,458 ; 76,207 . 251,827 244, 593 63, 390 68. 820 Us 259 1M 4(), i l,llS,l(l'f JSs ' M95,( f 74 4S9, 20(* 473,151 196,902 'Wi,.">] 5 (2 . 100 M l 179 799 202 97.5 : 53.0 109 373 2V S 0",0 481, sO8 493,375 344,388 374,301 350,885 355, 044 723, 296 I 686, 179 690,364 i 511,220 I 525,287 ! 545,673 670. 257 ! 650, 448 655,261 j 94 I 94 I 96 10, 978 347, 350 62, 197 • 672.371 | 580,083 ! 627,761 | 94 10,778 377.487 63,767 '•• 217,054 ; 54.00 i 68,011 ' 65,255 13,534 384,089 44,009 644, 349 I 662, 252 571,705 § 570.859 612,223 ; 649,082 89 ! 96 393, 634 i 5 389, 304 ^393,197 i 397,129 i 1373, 698 1 395. 746 341, 097 ; 322, 678 ^291, 378 *;257, 578 1 j 245, 472 ^ 204, 724 i PRINTING Book publication, t o t a l . . . . . no. of editions.. New books . do New editions do Sales books, new orders § thous. of books ... T 1 605 476 129 18, 731 809 642 167 17,235 i I ! ' 739 : 969 582 ; 821 157 148 ' 16,047 21, 602 842 693 ; 149 : 23, 229 702 594 108 16, 726 671 i 602 i 19, 196 668 ] 731 ! 693 528 ! 538 I 565 203 130 i 128 25, 707 20,604 18, 625 848 701 147 21, 824 679 i 531 : 148 i 22,804 l 720 : 567 • 153 !, 269 : 20, 512 421 91 037 Revised. §Besinning September 1942, 3 companies, formerly accounting for about 7 percent of the total, discontinued reporting. Computed by carrying forward the March figure on the basis of percentage changes in data for 59 identical companies reporting to the National Paperboard Association. fWood pulp production statistics have been revised beginning January 1940 and stocks beginning January 1942; for revisions through March 1942, see p. 30, table 8, of the June S-33 SURVEY OF CURRENT BUSINESS November 1943 Monthly statistics through December 1941, together with explanatory notes and references to the sources of the data, may he found in the 1942 Supplemciit to the Survey j J^JO I j i j Sep- j I leinbi-r \ 1913 September iV'nbet \o\embet l )ccein bci ] J IPUIM Fl \T' ! March! April j May June I July ; Auuust PJ TROLKl \! AM) COVL PKODl CTS C()\L Anthraeito: Prices, i'>'.up'^ite, ehe-vtniu: Refill - dol. p e r -;hort t o n Whol'^ale . do Pro Ui• • 11 <n . _.tliou-. of -))')it ti.rii Stock-. 'Mid of m o n t h : 12. H 10 12 IS 344 12. 49 2S'< M) . , s j 1 s-Jl i. r . / i 472 •{'.» In producers'sioraae jaid-^ . . do In selecL-d retail dealer^' yards number of days' sunplx 12 19 103 4 5 5. 132 5, 159 L2 19 1 0 .".14 10 . m 5.212 15 13 13 l o >>>M 1, ,14 7()2 79S 33 -icrl -f..fk-\ i n d u ^ m u ,\w\ !"• l id dealer^, end < i n d t w i i d, ! .' il ! >\ pr ) iuct '-okc ov '-r-s ; ' . uie'it n n d s f'-, d-Jas r d >i t>. . - 5. UK] \ 7s" \ 5,. 0, I,. .) 5. its I y. ti>5 77" : •. 27 > M; in. _7" s 7 11. 155 ],,!,; 4 11, 143 1.0 1') , isii '»,-!!) i l ,)',[) 1i.so.i r;,.,1,!) 13 . " i o 2.1* '250 1 > 7<j7 5 i2l 17 s 5 l N 7 31 1 ,"7,2/1 i o . 500 o,",(> 22<> 1 •I Mi"- *'>, s 13 S 2 i)1".'! 73. ! *>0 !0, 23s "i, ^ n 217 5i 9 "2 1 7S- d-> do do ]<> Pd-vu-ii- p o w . r u U l i t i e ^ P. »ilu i > - • d . s * P M e i i iTi-1 r o l l i n g n n i N '/\\u-i i'ldi'.-tml l;< • o i l o d ' - r - . t-Aii 1 , V.s 7"') > .lo 1 "i • ' i / '• > 1 s i ; 5 2 51 i, . 1 s,>, 5.'i 1 1 h< 0 ( >5 40s 13^ 49 217 ; \ 207 "_ 37o , 50s i 02' i 2, 5 Ii) 11*. o 1 o 2T 1 \ « . 4 i • i > 1.' iT ' ''.'. 5'i5 r;% i 1 '.J S 0 1 I * S 73 SM *« S7 'i,i s 7 ' . 7 ), i.".7 !0.'.)'os 7'-,2t'» )'.!51 s 5 >,s<) ,""..'9'i i o 72L 71, 71.o7;t .','<> -i . d. do '!•> do ' '..'J ' i) » lw^72 2.1 !"2 13. ->42 U«. . , 1,25! ). 2 ' w ' J..". 2o siiT ' , 3 . L-v> ' . 2o • ! , i i'>, <<sj ! 2 . 57') 1. : '.•) Ii i ,;,. s; ' I 1 . >~5 '.(.v". Id. M;O 102 IIM l-»2 235 '•! 500 1 ! • :i. U.. ".'» s/i,)" 10 -si 13. 14 10 7 95 3 227 13. 11 10 795 13. 11 79." 10 5 0i>S 11. ' , ) t 1 , Od'J 2<) ,910 •_f,o ,"_ .*! If) 751 s77 ( lo, .» ( )) 920 9 . 5SM !75 •5, :o. 2! 7, 5i )i > u . r..v. 2",\ • \\) 1, 120 2i«. 9 In SS|) 2I'i 7 "5 ( ~>j 352 20, 000 n. 47 5 I o7 27. ',50 - OSi; is, s.21 11,90". • j . 19,7o3 13. 175 l! I d 27. lion ''.7 40 'L'4 ;7i; S5S 521 t.t •* 2 ")•} l.N 37o 19. ; j s.'l JO. h\2 • 7 I so 7 1 0 7 5 ' 75. •7o (i \ () (>7, 225 7s'j s 17 f, 10, _-, 0 V,l 351 ".' 510 7"). r.si 1, !0.'» 7v 7f»s 19:! Ml.) 5 \i,:) ."> :'_ 1 7 s ».•;: 17. 3>7. }s2 ' 1<». 1115 >17 *7, - 55 217 12 s U2,~> '.). S53 •-'21 10 Ml 5 D.U T"J2 ."•Ml 120 9 Ms 1W 9 0 0 9, 7, ) S(t 2.'.1) I'D 5 27o 973 191 J t l J M_'l •'•>• ' i t . 's 11 ' 37, l'.l *i')2 7. i1*1"' 4'.) 5 ,3() 9 M 12 200 12.771 35, 27 i 1 1 Ml 7"s -71 19.. o50 t)(,<» 'o, ) N3 S | -, ' is. J.l, 1 45, 3'.9 37, i V > i 03 4 7 A2 77 ') "», -41'3 •:ri •»u« 2i l ^ 9Ju l!(is«) 7, I ' f i hs'.t o l>'i It, 1. t »)S i, 5l,7l.'i ( l.s, 152 3S,"72 (>"^5 '.it.M 5 ., ' - • 7 1 i. 51 4 i Sti 1.47 i •* r •- J l . l.,7 ,••72 ,' 3 ) 0 1 4i,!42 r, '^ n ".e- d.! i7, 7-.7 lt io <o d > do -I . d-> .hiilMllli 37\,)O i. 10 10. 812 '" 240 i'10 547 .i.'.ii 1 ^ .•••.«, do do d > do Vh ciric power iniiilio-. R-uhvjys f d i s , J) l e d and. rolling nulls . o i l i e r it, i u - t n A Ret ,d deliveries < H ! I . i { > , , n - u m p t i »n, < > d i r i . i e c i e l : K sii 437 J! '"0 i . i d i i - i ; i d c o j H U i " p i i i i i a n d r<>r i i l d e l i \ e r i e s 1 ji.il . i h o u , oi s ' l o r r t o n s l\i l u s i n i l consumption, total !!«-,'iiu o k e ovens i U p i o d u e l c >ke o\ on« Co went mills 0. 5 42 - 1 •',("% 13 11 10 SOI M'd 27,291 0. V-'.O ' 041 350 ' I s . 700 12. .".75 •MS 27 107 ' 0 900 » 02 05!) : i . "0(1 75. 2'!.' 0, s l l 077 i s , sS2 910 20 207 COM-; Pl'lC *\ 5(jO Iol. p i r - h . o r t t..r. <>us ol -lu.r» f>n> 097 5. i.'() Ill ")r 10s1 do d d S i ' i o k 1 , ( : i 1 »1 r i o n t " n > p p » i u c i p l i n t s I -I d \ t l u i i n c " p i tin-s \ t :'!i r c h i n ! p i mi"- i r>r. i 1,020 1, 01 } 1, iV21 d(> ('miMimpiion. r.lociric p o w e r p l a n t s 5, .,73 112 l.Ul'i 1. ".i 1 24 4. 125 40. 435 IS 4. 757 12, 933 10, 70'i 127 Ms >43 sr,i; i^)2 2 41 570 297 325 31') 1,010 050 300 355 112, 013 1 110 121. 50o 79 111. 915 1. 110 119. 000 81 11 5. 005 J. no 12 5, S5 4 s2 115, 98 4 1. no 11M, 302 85 240.043 237, 30 i • 2/A, 100 234, 35 4 234. 423 237 075 242. Isl 42, i ;• i<j 43. 020 44.213 "W. 874 4 4, ;>(VJ . 43. 552 40, 420 90 182,825 , 181. 203 17s, 10.5 • 177, 4 ' 170, 95i> ' 179, 119 182, 709 12, 9MO 12, 830 : 13. 25 4 13, ()S2 ' 13. 12.019 . 12. OoO 010 10. 721 10. SOI 10 sOs 10. sor» Ii), 394 10, 402 10,107 70)5 OSH 70i) 801 03s 830 M7 242. MM 4 47, 039 182,313 12, 9S2 9, 0 7 1 70, 213. 17, 502 183, 074 13. 244 9, 71S 240. 001 4S, 002 7 13 , i i • . , .-t.il 7 798 ' > 059 i, in 7. 131 059 ol b b l do 17,052 30, 110 Is1,00230,402 do do - ; 42, His 07, 'U;* 15 S37 0''. 2ti 1 o.M* .059 ' .14 4 51*. 10" 19. 1\)2 2", 387 7, 0 2 s 4. 909 02f) 5. 2*>s 1! , '710 5, Iris 115 422 210 310 1, 340 ; 10 \ 002 ')19 720 22\) 3 5 o, 985 i ii")tj h>0 5, 4'd .05 2 i.) 2M1 745 1«)1 ."», 27*» 1'.2 !,20'J 111. 0i n; 1. 110 117, 227 79 101,935 1. 110 108. 399 79 ! 112 7. S(,S 0"9 1. 2s 1 311 059 8. 145 059 1. 10s 7, IS.'i . ut>2 lb,s">s 31/239 17, .502 31,341 18,073 3 1 , ^.H) 17,300 32,544 V). 701 i)S. s . i • ;0, "OS* 00. •i0 4 01 "S.5 n. 9M) '.H*S 059 h.i 1 !1 •d, 495 19! 5)97 2 4. 9 0 5 7, 250 10s 5. 455 101 144 49 389 19 l)SS 23 S S 2 t; .") ' 113. 3 42 J. J10 120. 519 SO o59 104 ' 144 50, 0 1 S VI l i t ) 21, !33 7t 1 ."iti 4. 9SW 059 Ihl 1 45 sOO is is 8'H 23 '225 7 510 4 h 500 953 ,", V.^. 11 J 135 113. 174 no, ^sl 112. 1. 110 1 no 1. 310 1. 110 120 42'.) , 115, S01 , 120, oil : 110. 101 82 S3 ' 82 ' 80 : j»or <jal P r i i v - , .••i-'olinA\ !u UsaI«-,ivliii«Ty ' O k l a ) dol.per<:a< Wh'ile^-tli 1 , i.uik wauon ( V V ) d o K ^ - i i l , -eivie. st-itioris ")Ooit)e< d o ! I'.dllolliWl. lot-lHf t'..o:!s ol bl)l -'(i ii'.dit r u n " ! ?o!inej do Ci.i'-kod f a ^ l m o do N itm* il v<\ >ohn( t | .do ,»"..,«> ", lS'i 122 114, ihou<. ol b b j Pi ict , luel oi' i P o n n s y ! \ ania^ d o l . P r o d u c t :oii (r ^ oil a n d d i s l d l a t e u H oil ihou-' R e s i d u a l fuol oil . , <io<-k-;, e n d ol m o n t h iJa^ od m d d i M i l h i e fuel oil R.-siduil fuel oil . ill \1\ *os 170 C r u d e petroleum: ('ousumin ion (runs to stills' j hou<. ot bbl Pr.ee (M msas-Okla.) at wells dol. per bbl ; Pi., luetiont . _ th.nis. of bbl li"Iin-ir> operations -pet. of capacity Mo<'k.- -Mid of m o n t h : lictiniblo in I ' . S.f th'Uis. of bbl At refineries _ ..do \ t lank larms a n d in pipe hues do .' On leased . do il<-n \ m California, do \ \ ells oomploledf _ . number Refined petroleum product Gas iiH fuol ni\<: ' t>5(} I)SX ! ]'J4 1. on s, 7t 7 20 120, liS9 1. 1 10 127, 493 SO 122 120,908 i. no 1 5i), 033 89 23S. 310 48, 223 177, 247 12, 870 230. 2S5 10. 0 0 1 790 10, 279 s.5O 10,0(H) ' 1, 105 7. 70<) 17s, 1)12 12. 997 , 1 Is, 100 175,215 12,910 v!7 092 1. 100 7_ S.)2 7_ 701 1, 305 7 7S4 IH>.} 003 K)5 (if)"> 005 O0.") 10,2 t u 30,79'J 17.2SS 32.700 1 0 , «)9() 31.0«J5 30,075 33,7:52 15.2' 1 3;;, 5 1 0 10.07* 3o, 024 Is,2l0 37,41s 39. o i l 3 5. 29 s 30, 005 •i2. • K,, .'A, 135 • u, '2S0 30, 07 4 «»(). • " ' 3S1 •'i, 1, 317 sos 059 1M 145 1 " ' , 230 17, 309 25 39! 7, ;;o:i 4, 425 h.W 11 ")',< I)5'J 101 145 43 2so 15 42. 21 (.) 57 i. sin 4 32'• 382 101 . 4'). 10. 2 >, 7. 1. i 45 , 05)5 797 297 557 907 Sid 059 101 145 40". 025 15. 290 21. 204 7, 37! il 98* > 1 •)i o5M . I'd Is'. T>. 25, 7, :>. 1S2 777 037 190 197 lt)7 •A \. J2 4 S 4 \> >/, 10/ 059 l'.l . 059 101 . 1 10 51.044 19 230 is 003 24 7«) 5 7 252 5 O.s9 , 1 7 . {iL>7 20, 433 7, 4*7 5 101 30, 931 50. 857 , 059 . 101 . 140 •)4, 0 3 ! 19. 37s 27,910 7, liOl u, 493 HM>ed. Jl-mures for i!n (>roduction of n a t u r a l <::w>line includi 1 tot. il sales of liquefied poll oleum U J - a- follow s (tl:ous oi b a r r e l s r 1942 A u g u s t , 502; S e p t e m b e r . .r79; Oet<;ber, t>03; N o \ e m ber, f>S7; I )eceml)or, S.i'2. 1(,MS J a n u a r y , 821, F e ' i i i i ' i n , : 29; M a r c h , SS9; A:uil, 755; M a \ . '"iT:, J u n e . 711; , I u l \ , 095. Aut'iL-t. 771, then- d a t a are not included in the total for motor fuel: * s u n i l a i l v , sale^ oflifiuefied p e t r o l e u m aas are include [ it the total production of n a t u i a l misohne but exclude 1 I from total motor fuel production in t h e r e \ ised 1941 tiuures refturet) t o in tils- note m a r k e d ' " I " . Production of straiuht-run ease line includos transfers ol cycle products as follows: 1943 J a n u a r y , }()£; F e b r u a r y , 104; M a r c h . 109; April, 145: \ l a \ , M ' s J u n e . ];!7; J u l y . Ids1; Aueu^t, J14; these d a t a are not includt C\ i t lie lofil for mot< r fuel. 1 + !{e\ise I serio^. Production of b i t u m i n o u s coal rovi- ;cd b o j i n n i n s J u n o 19i9; see nole m a r k e d "f" on p . S 32 of the April lyl'i S u r v e y . D a t a for ihe indicated series of petroleum p r o d u c t s re\ isi'd lor 1011; for revisions, see notes m a r k e d ' f" on p . S -33 ol the M a r c h a n d April 1943 issues. See also note marked " { " above S-34 SURVEY OF (H'KRKXT BUSINESS Month l\ si ali sties through December 1011, iu>irelin T willi explanatory notes a n d references lo the sources cif the > data , m a y 1e found in the J942 Suppiement to the Survey i 1943 | .— . ! Sep- I'rbru- JjiT.U- ! tember •Jf V November 1043 March I ApH July j une PETROUS M AM) COM, PRODLCTS Continued PETROLEUM AND PRODUCTS—Con. v»l -. 0 2 7? 17 9 2 1 X, .070 Out 310 s, 2' 1 i 0' o!7 > - ! 64 ..24 11. s 4. 4t» s r; >"'4 s o"7 2, 9s $ 120 42o M ! 210 774 77* l' son 920 Sh "20 410 1. S02 091 77 000 •>49 " 19 100 ill" 2ou ni il % 00(, 1 It. oo.» lM't, S(tO 10*92^ 1 0 ,\ 7 , V ) ! <>7, 31") iii7 i •J, i 181 3, 9t 471 SO() "04, ""0(1 '.71 700 ti0«) 2io 410 929 M 2so 411 221 1 429 7<>2 3, 1 294 1 u: 1, <H2 i, 10 • >s > 10 T>s 071} 7M0 '.;• si <){){) ,: s t s, 2si :', <>7S ;(i0 2'iJ In!) Ih'i : 412 s. 5S i, 100 715, i 1 1 179 511 •T; •590 73* f>2 7 9 1 10 10.^ 2 ^ 5 ( (•70 9 i! 3, i , M,"> 7 >, I-i7 !• o 3 767 1 1 713 7s,6i3 t»2 o 7*>0 M 000 10(1 517 1 •-».<' si 0 7 7 0 57 (• OS, 4t>2 -i ti>,<» j •> l )7 st (7 '.1 s 7 ; Dili 100 i • 1 U" r*72" M 4 1 1. M l 17". t.17 » 02 ]}•» ,j 900 313, 11)0 ) 0' • > ' 1h0 It 0 ii.«.'f MOO 7 7 -!!!.', Mf 010 1 0' i M-l .'00 3<V, "00 \U --..! 421 20 i U»IJ Mil j Is. 70 • > s, in )[ i'"l "ill" Refined petroleum products—Con. Motor fuel -Continued. Retail distribution^.. . mil. of gill Stocks, ua^oline, end of month: Finished gasoline, total thous of bbi At refineries . . . . . . do Unfinished gasoline .do . Natural pipeline do Kerosene: Price, wholesale, watei white, 47 \ re(iner\ (Pennsylvania) . ._ - . .dol.pei i>;il Product ion . thous, of bbi Stocks, refineiy, end of month-. . do Lubricants: J'riee, wholesale, cylinder, nifiner\ ; Pennsylvania) . . . . _ do], per tiai Production . . . . . . . thous of bbl Stocks, refinery, end of mouth _ . do Asphalt:' Production.. . . <hort tons Slocks, refinery, end of month . do Wax. Production .._ thou.-.r.nb Stocks, refineiy. end of month do . . Asphalt, prepared rooting, shipments: Total .. . thou> of squares Grit surfaced .do . . Ready roofing do Shingles, all typos . .do 170 (•71. 0 0 9 71V 300 S4D hS(i st i 1, 1 I i! 270 i, VA i 09^ ">t»2 4St) 4S0 921! 7h 729 1 19 -it.4 52s 217 417 l ' lot. 1. 5hl 1 :i 1 1 12:' 1, * i ( . 1 no STONE, CLAY, AND GLASS PRODUCTS ABRASIVE PRODUCTS Coated abrasive paper and cloth: Shipments , ...._.. ! reams.. | 142, 508 PORTLAND CEMENT 150,497 i 153,639 i 145,123 j 138,181 135,030 1 142,985 ; 120,953 ; 126. s 7 | 123. OM 157. 2'A; ! Production..thous. of bbl._ j 11,380 Percent of capacity . j 56 Shipments thous. of bbl.. | 12,296 Stocks, finished, end of month do j 19,704 Stocks, clinker, end of month ..._do I 5,258 17,605 85 21,282 15,268 4,493 17, 541 18,293 87 87 20,148 20, 384 12,708 I 10,625 3,606 2,733 ! 1", 273 13.265 i 13.255 13.215 1 1 116 12 .")»>() 00 ,s% t i l l '21, 3 6 s 3 77] 54 ! 8, 656 i 22 985 I ; 4 566 11, 392 54 10. 107 24, 111 4, 926 11, 239 ; 12, 384 j 11. 895 59 j 58 55 1 12, 757 12, 075 ! 12, 702 . 22 579 1 22, 891 j 22, 067 5, 574 1 5. 455 . 5, 312 i 5»'. 56 12. 411 21. 542 5, 56s - 12. oS7 53.243 t>7 S, 9 5 5 • 17 12S A 509 SO 14. ti53 3 2 . 2 is 2, Slo 13.219 13.260 13.279 10 293 I 11. SSII 11. 6 7 3 r 2 0 t>2il ti^S ! CLAY PRODUCTS j Common brick, price, wholesale, composite, f. o. b. plant dol per thous . _ | 13,427 CLASS PRODUCTS 13,213 13,384; 13.433! 13.442; 13.423 8, 104 129. 1 s. 350 5(>7 2, 220 42 oSl si9 79S 1. 970 7.773 119. 1 8,262 : 7,685 117.7 , 7,616 ! S. 272 j2C>. 7 i Cila^s containers: Production. . thous. of uros^ Percent of capacity . S h i p m e n t s total - thous. of <rio^ \ a r r o w neck, food. . _ do Wide m o u t h , iood . . do Pressed food ware do Pressure a n d nonpressuic . do Beer botth-s-. do Liquor ware . do Medicine a m i toilet . . «!,. Oeneral purpose . . . do Milk bnftlos . do Fruit jar1- a n d jelly ^latses do Stocks, end of m o n t h . do Other tflasswau1, m ichine-made: '! umblers: Production . t h o u s . of doz Shipments do Stocks do Table, kitcb.en, a n d hou^ehoidwaic , v-hipinenls thou^ oldoz JMate jilass, i)oli^hed, piotlucti(»n ^ f thous of sq. ft J W md'Hv glass, prodnctioik " JIHMJ^. ol boxes Percent of capacitycf .. .. 7,5s;» 120 9 7,619 s:;.^ 2.127 39 3sh 119 76s l. s29 5s*j 2t»l AW i, ss2 6,609 98.2 6,921 546 ! I I I 1,837 33 320 738 1,164 I ! I I I 1,253 329 270 401 9,139 i ! I i I i. " H >» 3.99h 6 953 4, 498 : 4,532 I 8, 196 i 2.168 7.313 . 6.328 i 97.8 ] 6,897 i 818 I 1, 632 I 31 I 315 j 647 I 1,095 1 1,286 361 i 286 395 I 8,490 I 6.869 98.3 ] 7,005 511 1,845 3, 880 3. 829 8.239 4, 500 i 4.888 I 7,837 ! 3, 048 ; 3, 606 j 4, 608 i 3,863 i 1.075 I 66, 2 ! 4,741 1,097 4,924 I 960 ! 59.2 ! 49 I 350 I 625 j 1,172 ! 1,662 ! 455 j 276 j 29 8.299 l 100 4 «i, 2 M 150 l.Wil 39 331 681 S20 1, 508 520 236 13 8. 31«» • I. L'99 93 (i 6. 564 Us 1 I i 3, 77s 3.535 , 1,735 39 3'12 Y23 8(>S h 191 f)lt> 272 7,3U 112 ,S 7,246 191 1, H I II 3C.H h!9 . 790 1.921 551 207 100 • ''. ti72 110. 7 731 1.70S 3. <A7 3, 7 lti 7, 177 4, 175 3,71,3 3,744 4, 6!2 981 60 • > 7. 561 111.5 s, 154 19!> 2. 111 U> 17S X. 5s,") 4.91H 4, 775 1, 113 68.6 1, IW 71. S 4«.«> 2, 109 33 553 S52 sl7 1,922 702 207 40 4 5. sill 590 ; 2 227 • ' 55 i 008 783 757 1,891 6S2 247 398 6s2 !',*! 4ti4 661 ; 1.956 34 562 5. 237 1.249 76.9 Gypsum, production: ; 855,028 Crude...short tons,-! l.U9,v>3 J1,213,817 I ; 546,388 : ()5\ 053 Calcined . do .! 754,911 Gypsum products sold or used: 381,730 ' 388, 625 Uncalcined Calcined: For building uses: 129, 4»»s 101. 2<>2 ] 99,061 do Base-coat plasters 2, 25s i.959 2, 005 Keenc's cement . . do 61,695 All other building plat 77, 4S3 do 159. 123 11.'). 407 thous 197,81" Lath... 12,32s 3, 1<V 31. " 7 Tile IDs. (Mi \Vallboard. 3d, 252 3'). 3(»9 Industrial phster 1 -.. . 3V3OI s h o n ton> r Revised. c? Collection of data temporarily discontinued. Production from October 1942 to August 1943 is partly estimated, § For revisions for 1941, see p. S-33 of the August 1943 Survey. I According to the compiling agency, these data have represented approximately the entire industry since February 1942. f 614 251 359 74s •2, 20 i 56 4 19 lit) 73S l.t»7!> »is:j 2S L 4o«; 4 SS' J 4 845 "1 4.92!* 4. 597 6.544 4. 550 4,924 i 6, 179 : 4. 860 4, 835 6, 160 : 5, 090 4,775 u, 467 2. 99ti 3, 402 ; 2, 692 2. 365 5,488 1, 005 61.9 5. s;>5 9 42 5s. ! • 5, 898 , 1,079 6, 416 1.090 67. 5 ti. 994 1, 296 4. 227 ii, i s ] (WK5 I GYPSUM AND PRODI C I S 1; 570 676 1.890 7. 997 3, t>22 4. L'S4 5,33s f>. s7'i 3,713 5,001 1. 297 4. 2io 7. s<)3 116. S s. 132 1,017,131 «75. 307 r 14 J , M s 2.0S1 t-2. (>27 111. 65S 2. 9S2 l<)h. 4 1(1 )O {)' 79. 8 S-35 Sl/RYEY OF (VRKKNT Bl'SlXKSS November 1943 oiitliK stalislios through December 19-11, together A\ilh explanatory notes and references to the. sources of the data, ma\ be found in the 1912 Suppirnii'nl to the Survej 1913 , \o\cinbi' })e<-« til))('• JIIMU,vv I-Ybru- Juno 'II \ ! July TFXTII.K PUODICTS CLOTHING Hosiery: Production .-thous of do7( n pur^ Shipments... _ . do Stocks, end of m o n t h _ do 12, 5f>4 1L\^7') 17, v> 1 2 . •> 5 12, tit _' 1 7s _) • 1 1 on J3,0V 22, 11 2 , 1 x ' i I"-, 2.15 I J 9 3 7 ! 1 2 , 97," . V If"* ! 19] 74* ] 2, l i l X ! 13! 3:5 ; ] s 037 j 412 1 1..'• i 4 Is 73 5 12, 211 ! 12, 316 ! 17, 992 ' 12, 966 i 11, 527 1 12, 267 12 714 13, 033 ! U, 386 1", 984 ; 18, 125 i 17! 677 COTTON ( u!!<iii ' e v i n c i v e o! lniters): ('{.n-uniphon . . . . . . .bale872 loo .202 I'ricc.i n c e n e d by farmers . dol. per lb Prices, wholesale, middling XY\%" aseraL'e, lu niurkefs . . ' . _ . dol. per lb Production: < i innings § . . t h o u s . of r u n n i n g bale^_ Crop i n t i m a t e , equhalf-nr 500-]b. bales thou*. of baley to<'k c , domestic cotton in f lie I nited States, end o! m o n t r r t is*, MM W in houses _. thous, of balrs i.ssi Mills _ . .. do \ CuUon iinters: r o M - u m p i u n _ . . .-. .- - do 111 Production . . _ . . . . . . . . . do ' SiiK-ki-, e n d uf rru n t h . . . do <:OTTO\ M 921, 9 196 H7 7\r, 11,53', r 9 Ci 1. Tin U.?7. 122 1UU . 197 »02. 301 .201 Of. t r N39, 86S *42, 260 198 196 209 205 107 1. 785 7, 648 ••2,050 7, 999 1.876 97 29 - 733 107 20 658 108 4C: 613 19. 69 .192 3.087 6 .108 .211 • 19.94 j . 192 s.087 S 5 .108 j .211 ]•_' H 7 F - 1 2 . f.i >t * 123 '2S \ 490 ' ".MS. 433 . 200 r 10, ,V4i 2. 3 \7 lor, His ' 63 ' *i ; • rn m;s C o t t o n cloth: ; Prices, wholesale: I M ill margins cents per 1b_ _ j 20.37 °2.17 22.03 - 21 8 5 D e n i m s , 28-inch . . . d o l . per yd . 192 .193 192 192 3 .090 OIK 1 P r i n t cloth, 64 x 60 do .087 090 ' 5 ,10s Sheeting, unbleached, 4 x 4 do .108 .10H 108 ; 1 Spindle a c t i v i t y : | Active spindles . _ . .thousands_. | 22,631 • 23. 001 ' 23.988 : r O J 01S 11,1 ill . * II 120 Active spindle hours, total m i l . of h r . _ | 10,325 10, 9*1 - 480 Average per spindle in place hours.. 442 ' 409 • ' 460 Operations percent of c a p a c i t y . 127. 5 r i.r 0 i ' 135 4 . ' 137 3 ' C o t t o n y a r n , wholesale prices: | Southern, 22/1, cones, carded, w h i t e , for knit- I .420 .421 . 414 ting (mill) f .__ dol. per 1 b . _ i .414 .515 ; .515 Southern, 40s, single, carded ( m i l l ) . . . d o j . 535 , 515 RAYON Consumption: Yarn . . . . . . m i l . of l b . i Staple fiber.. ... do.... i Prices, wholesale: j Y a r n , viscose, 150 denier, first q u a l i t y , mini- j mum filament dol. per lb _. | Staple fiber, viscose, 1 ^ denier do_.... I Stocks, producers', e n d of m o n t h : \ Yarn _. T mil. of l b . J Staple fiber . .do j 21.0s , 192 , J'90 10s ' 21 47 , . i92 o'lO ; r ' 44 i 1.5.J 9 20.32 , S92 0»i0 I ' 10,726 1r 10,S25 ' 1.11 ' ' 15S r 22. 907 • 0,251 435 128 3 1 . S14 > .515 414 ! .515 • 19.62 .192 3.087 5.108 20 0 1 1M2 o'.ni I ! i ! .414 ! ,414 41. 1 12. 6 3s, S 12.4 41 0 13.2 37.9 12.7 39.0 12. 6 42. 8 j 14.0 j 41.5 13.2 . 550 . 250 . 550 . 250 .550 ! .250 l . 550 . 250 550 . 25() . 550 . 250 .550 .250 . 550 . 210 . 250 .550 i .250 S7 3.3 22,667 i •9,888 '423 I 120.0 \ 22, 633 10,091 431 122. S .414 51 r 7.1 2.5 30, 280 2. 972 .414 I 515 i ! 41.8 12.9 39. 6 i 13.3 ! 40.0 1 M l . 4: .550 ! .250 ' . 550 . 250 .550 I .250 | 13.2 ! 6.4 3.2 6.5 2.9 6.8 2.8 49. 320 2, 911 8. 9 3.0 .414 .515 .414 12.5 ! 8.0 i 4.3 I 20. 34 .192 3.087 5 .108 .515 .414 ! 38.2 12.7 3. 9 1 ' 22, 925 • r 22,895 i » 22, 777 I r 22, 769 • r 11. 04^ I r 10,928 j r 10, 577 | r 10, 714 195 465 451 ! ' 458 H I . 4 I 133.2 I 134.1 j ' 130.0 40,4 13.7 7.9 2.8 19. 69 .192 •I 087 s . 108 13. 8 .550 . 250 r 6. r 3.5 WOOL Consumption (tcourod basis) :\ App<ir«'l class _ . thous. of lb Carpet dai-s . . do M'tfhirim i d i w t j (weekly avi'ragi'M Loums \\ .i')k'ii and worstfd Br"<id thuus of acti\<do Narrow Carpet :ui '1c Broad Narron do p [ \\ool< n . do Worsted do \\ orsie-J cfmb.s . . do Prices, wlioif^alc Raw, t(rrJtor>, fine,, scoured dol. per lb Raw, Ohio and IVnu., llecces . do Vustr'jh'in »H\dnt*v), 64 70s. scoured, IK bend (Hostnn) . . . . . . do! per lb Women' dro^ ^ood^, French scrm\ 51" (at n dlj dol. per >d ^orhiod >ani, r ' o 2'-. crossbred ^toek 'MOMOIH - - . dol. i,cr lb 52,301 3,011 J. 714 70 45, I'm 3,210 2. 657 121. Ml? 112, 130 23 7 12\4'J5 Us.' 217 1 -ju.1 531 19(1 45.5(ii 2. si:'67 2, 650 71 69 41 125, 173 120 250 237 41,3** 3,036 1J V2L, MM I 15. 3 11 20 r 1 20.1 (i \2 126. ,M7 121, 120 112 922 20") !. 20" 13.1 133 4s2 i>9. ul.1 J17 70 ' 11 ! 980 610 l \ 832 2, 1 < 0> : 2, 721 . 63 , 2,716 59 : 60 ; 39 i 60 40 : ., 790 . 790 . 790 r 54, 800 : 2, 180 ' 46, 136, 2, 464 2,615 1 r 2 415 61 ! 55 : 2, 514 54 37 48 31 53 35" 131, *9O ! 129,049 ; 130,201 i 127,186 ''115,836 ! 125,93k Us.s.J5 I 114,009 ! 118,047 \ 113,716 I'105, 100 j 108,733 219 226 210 219 1.205 1. 20.1 135 ; . 535 ,79') 17. 32* 2. 132 ! ,. 765 . 53s . 765 I 205 . 543 1.205 . 544 1. 205 . 545. . 765 . 765 1 5."S 1.559 1.559 1.559 1. 559 1.559 1. 559 I.sOO 1. 800 1.800 1, 800 1.800 1. 800 1.800 1.559 I.559 : 1.800 1.800 i ' Revised. 1 Total ginnings of 1942 crop. 2 October 1 estimate of 1943 crop. 3 Price of 64 x 56 print cloth; production of 64 x 60 cloth, quoted at $0,090 through June 1943, has been discontinued. * No quotation. 5 Price of 56 x 56 sheeting. Prices for 1942 are for 56 x 60 sheeting; production of this sheeting has been discontinued. §Total ginnings to end of month indicated. j For revised figures for cotton stocks for August 1941-March 1942, see p. S-34 of the May 1943 Survey. The total stocks of American cotton in the United States on July 31, 1942, including stocks on farms and in transit, was 10,505,000 bales and on July 31, 1943, 10,569,000 bales; stocks of foreign cotton in the United States on these dates totaled 135,000 bales and 88,000 bales, respectively. IJData for September 1942 and January, April, and July 1943 are for 5 weeks; other months, 4 weeks. • Carpet and rug looms converted to the manufacture of blankets and cotton fabrics and woolen and worsted looms operating entirely on cotton yarns have been excluded beginning January 1942 and July 1942, respectively (see note marked " • " on p. S-35 of the October 1943 Survey). August 1942 and 1943 figures for these looms are as follows (thousands of active hours): Woolen and worsted looms on cotton yarns--1942, broad and narrow, total, 36; 1943, broad, 64; narrow, 12. Carpet and rug looms on blankets, broad—1942, 18; 1943, 38. Carpet and rug looms on cotton fabrics —1942, broad and narrow, total, 188; 1943, broad, 53; narrow, 101. Total machinery activity for the 2 months can be obtained by adding these data to figures given above. tRevised series. The yarn price series for Southern, 22/1 cones, has been substituted beginning 1941 for the Northern, mulespun, series formerly shown; for monthly 1941 dat;*,,. see p. S-35 of the November 1942 issue (1941 monthly average, $0,355). SURVEY OF CURRENT BUSINESS Monthly statistics through December 1941, together with explanatory notes and references to the courees of the data, may he found in the 1912 Supplement to the Survey j JQ.JO | j j Sep! tenibei* November 1943 1942 Oeto- September August 1943 Xovem-! DecemJanuber ! ber ! ary TEXTILE PRODUCTS February March | April June I May Jul; Continued TEXTILE PRODUCTS—Continued T \\ onl — Continued. Crocks ^(OII-KI lijM^, er(l >A q u ^ r t d , 1 Tol.il ihoib. ol 11, Wool finer than in-,, to*. 1 do DonuMi' 1 . do r.»iiiun io \\ ool \(U and K'loU ,) 1 1 C1M M do 2')') " l i 2~A 717 1 N IV> •1. lt»7 '"> 7 l !() 12 > f . 1 2 J2V<> 2 0 5 M I 070 77, 120 "7 3 1 4 1 1 3 2")-> MISCI:LL\M_OI S PISOIH C I > Tur, M I C ^ h% d e . l u ^ t h o u - «,f «i > i P \ i d \ \ l m - c < a t " d i e M il( s u o i l o n f i h i ;• ^ O r d e r s , u n f i l U ' d , u » d ol m o f ! ' < u - > li i \ d { ' \ r o \ \ l m s n ) , c\<] I ' M , u s , , j ]>, ^ l u p P H M i t ^ . v «11 ! d I h o u ^ h i < it v 1 > 1'." I'M I, I.M, 1 _'.". 1 731 s 01 ] \ r 21 1 s. < f>(t i SO 1 »i7 s ' 2)1 3 " U 1 21s 1 "...(. i fl i 10 2 it) 22*i 1 Ijp. i. 7f.'» 1 220, 1 > ^) 1 1 1 j, TRANSPORTATIO.X EOUIPMIv\T AD TOMO1JIL E S ol H I 111 1 ] ( r c i r Ii o! il \ i \\ ( n ^ in 1(' 12 il«' ii'n>na» nd ( j ibi month 1(> ! ii)l\ i i ( ) d ' l ( ' t . \ \ W i'/ll <M)I M ii . < 111-'. <• 3 i , r . ; « » l . ' O P ' Us I 1 Ull^ 40 40 42 39 36 40 44 41 !»'s 14 732 2' I h."3 J Ol II'MhN I \ ' 1 I C ! 1( Ul \i l l l ' ^ s < 11 l U s t l ' h M ^•llDIP >iN I i ' i i,t < v •*. I if.il L'OIMWK- i.uriii < i 3.o09 3 0 4-< 2. s V> : C ( > M o l h . K 1 o n l i i i f ] ( i s , uiifi'lc 1 i l3 r.qui. m^iii ituinul u tu i e i s d" K a i h o d d s> ( l i , s <io 1 o i ' o i . ' o n « . , s i ( a i n , e n d <J m o i ' t ' i I nd<>> J, i iu o r a \ \ a M I > L c ' i s n i c t l i ' ' u ^ 2 7 . ijt»ii 2i.4!d f>. 2 N S nutrdnr 2,070 5. 3 4fi8 3S7 81 Percent of lot il on ] n v Ordors unfille 1 Equipment m mufa'taiei> Jicuhoad shops . , j •. j 1.575 ".. 2.142 1.40s 1,970 : 0 i 0 0 : 0 Tiainbt r d< < d> 2.202 1. S06 : 8 \ 1 2.241 1,428 ; 0 0 1. 7.'M •12 15 2. 1 2:*. 201 22. 119 6, 7v-5 53 2 * > 2 7 . 3(>s 12 2 1 27,Of»l 2D. 065 31 31. i<;5 24. (•26 2N 352 w. 500 . . 2>.) o 2,381 6. I 314 238 76 593 . 6. 6 i 323 | 256 ! 67 27 3.061 3,30o 1.447 '. 1,321 0 i 3 0 ' 0 i 73't 1.717 1 nous n d r 955 574 10 10 (I 105 tio P isw I:^(M f a i > , ti)i,,l a DomiN'ic 1> « \ ^ D i ' i it i o • o l \ r n t i h i n II n l ' o \ N 1 r a h t ( \ u s , e n d ol i,io*,t'>: N n m t ' i v OUTMM! tfioMMHti-s I rifle u o i n L o i n \ a i M i i - t l i W i o d \o\ i i r ^ o 20 11 38 14 !., Io { stM ! | i ! i 2. 143 j 5. 5 i 438 j 415 ! 420 ; 418 I 2i 2S9 I 216 ! 73 ! 22, I- 7 1 711 if 2h Vi 2M 1") («>u r. 2 (> !') i2(> 15. 117 "). i l l o i))fS " 5. 4 5.4 S. 0 4 5 j 1. 6 4 1 6 ; 0 i 5. 584 ; 1. 469 i 8, 009 i 1,034 i 0 : 1 711 ' 11 2b 20 712 17 Wl i UU o S 7,837 1,420 o 0 : ; 1 ! 1.740 | 1.711 ; 47 0 ; 48 i 2 . <s 2. s 19,307 16, 102 3. 235 2 -M 4 9 2.082 5. 3 394 305 89 3,3. 537 2S. 227 5.310 i i ' I ' 2,052 ' 5.2 418 340 78 410 384 26 i ") J 1'f) i\2 lot 309 '270 M)0 r 1,740 0 353 342 11 i i i : ; i, / 52 O.Slo 2, 3S2 2, 095 0 il 0 ; 0 !. 712 !, 7JJ 10 20 31."11 27,011 1. 733 2.051 ! 5. 2 I 2. s 2 '.) 27, 71.'"1 23,577 1.21s "2s, :..ns o i); i 5. 1 506 2, 105 5.3 461 371 -H5 391 3.k>5 10(1 115 ['.]'] 22, 975 90 INDUSTRIAL ELECTRIC TRUCKS AND TRACTORS Shipments, total Domestic E xports - number. do ;.. ..._.. do 382 ' 344 38 : 23 j 367 ; 352 : 15 411 380 31 2S0 5 300 33 135 425 10 378 362 16 CANADIAN STATISTICS Physical volume of business, adjusted: Combined indexf 1935-39 = 100 Industrial production, combined index! 1935-39 = 100 Construction! __ do. Electric power . do. Manufacturingf do. Forestry! do_ Mininp:! __.... ...do . Distribution, combined index!-.. _.doAgricultural marketings, adjusted:! Combined index do. Grain do. Livestock . -. do~ Commodity prices: j Cost of living .... do ! 119.4 Wholesale pr ices 1926-100.. j 101, 2 Railways: | Carloadings thous. of cars.. I Revenue freight carried 1 mile _. mil. of tons Passengers carried 1 mile mil. of pass., j r Revised. 20,0. 7 • 206. 1 21 >7, 2 207.8 232. 5 134.3 142.8 248.8 120. 7 2!6 6 i ;.o. i • 235 1 ! 127..S ! 1 10 0 ; 253 3 ' 116 2 ; 23S. 6 97.8 13b. 5 262. 6 126.7 1U5. 7 142.1 239.3 106,9 137.3 263.4 116,7 192.0 142.7 13 6 106.6 112 9 .9 117. I 91. S 117.8 90. 6 2'10 1, 550 323 i, 171 404 99.6 9S. b 102.9 4. 59? 532 231.7 236.9 236.3 241, 0 | i ! ! i ' i 254,6 i 95.0 ! 142.5 ! 279.0 I 105,6 225.3 I 166.3 267.8 140. 7 141.8 290. 8 120.7 236.1 143. 3 269.1 90.8 146. 5 294.1 124. 4 250. 6 154. 3 274.4 83.7 153.0 296: 7 116.0 281.2 159.2 267.8 91.3 161.2 286. 5 118.5 285.0 157.2 267.2! 73.6 1 161.6 ] 285.6 i 132.2 i 295.5 1 160.5 270.2 j 167.3 ; 284.8 ! 126,6 : 327.7 i 166. 1 : 276. 8 84.9 163. 7 290. 8 127.2 337.7 166. 9 05 4 i 90.4 i 117.0 ; 141.7 ! 146.4 121.2 133. 5 149.8 : 62.8 | 110.3 113. 3 97, 2 108.8 108.4 110.7 224,9 256. 7 86.6 252 7 290^ 4 88.9 258. 3 j 293.0 I 107.6 1 295. 2 339*3 104.0 120. 5 123^4 108.1 118.6 ! 97.0 ! 118.8 ! 97.0 j 117.1 ! 97.1 : 116.9 97. 5 117.2 98.5 117.6 98,9 118.1 99. 2 118.5 : 99.5 : 118.8 ! 100.1 291 i 273 ; 4,750 j 652 | I 237 4,063 411 \ 247 4, 456 388 286 5,083 481 280 : 5,167 ' 519 ! 284 5,460 508 298 : 5,611 \ ' 561 ! 293 ! 5,515 ' 657 ;_. i i | ! ! ! | 5,077 i 385 ! i 250. 8 101.5 140.1 276.2 124.7 209.6 160.6 69. 5 • ! 119.2 100.4 p Preliminary. !Revised series. Wool stocks are compiled on a revised basis beginning 1942 and cover all known stocks of wool in commercial channels, including stocks in the hands of country due mainly to changes in the weighting and in the list of components, so as to present a picture of the expansion in industries engaged in war production. Revised data were first shown on p. S-36 of the December 1942 Survey; subsequently the construction index was further revised in" the March 1943 Survey. The revised index of grain marketings is based on receipts at country elevators. For revised monthly averages for 1941 see note marked "f" on p. S-36 of the April 1943 Survey. Revisions for agricultural marketings beginning 1919 and for other series beginning January 1940 are availabe on request. U. S . G O V E R N M E N T P R l N T i N S O F F I C E : 1 3 4 3 MONTHLY BUSINESS STATISTICS, Pages S1-S36 V-_-l_____£____.>/-9r ^cTjo^^, - _ , .-SSH..--^-™-..*..: . T - **i»»,^ m a r k e d S * 20 1 J 14 Dtv<Vend v * , , ' , 1 ut s> , 9 so ; > i . S M g |u t« ic ' l« , i Fv t " in, 11, i; n M 18 Federa* G<m tais't^M. in . i « 1" 4 2 » 6 h ,s^ o«U b** » t' Js *_j' 24 2Q .» " , 9. Jo I I #s **M < f w t h ' ! 1 • rf 1 4 , if* l T I J 10,* / *s f" Fonn 5 / t\7i»j'ntt.id } G I »-. H«'l 1 > '"3 1 1 1 j f HK.1T. H »^ 1.9,9,10,11,1.,. i4 IHrt <- * ! * m. i - -v I j if 1 >! f*, 2 7 14, M -U ' i. 5 ,. ' f , : i \ «l( I fa U Pages marked S New sprmt » __ 32 New York, employment,, pay rolls, wagea-10,12,14 Ne* York Stock Ex«haBge. ___. . _ _ _ _ 19,20 Oats.. _. ___„ __.„ 26 Ohi< e^c ployment, pay rolls ™ -. » . 10,12 Oils and fata . 4,23,24 O1 v/marga'-inf* . 24 \)T kT8, new, m inufacturers*-. _, ... 2 1 nt «uad p*imt materials . . . 4,24 l.ptt o.i pulp 2,4,9 10,11,12,13,14,16,32 P mac* *a twued . „ . „„_ „_„_ 22 P-v t ills l*a torv b cuties and S t a t e s . . . . . . . 12 I t >ry b/mduHtnes . . . . . _ - _ - . . ._ 11,12 I t nraanufa^tunrg industries-. M 13 Penntviv rua» employ ment» pay rolls, wages. 10, 12,14 I>tx n a m and products. _...__ _» 2, i,4,9,10,11,12,13,14,17,33,34 I ig if on _ _._..._ -.--30 Pjjnelam enameled products ....__ ._. 31 Ptwk . _ . . . . ._..._„.. 27 I ostai business. ^_ _ . . . ... 7 Pont ii savings „. . . __.^ ,__ 16 I < ultry and t^g.% • . . .. . . . ^__ 1,3,23 I n i (see also individual commodities): Ret -ill mtleses ^^ „_ „„___ 3 ^ 1 (-sale indexes „ . . . . _ . - _ _ . _ _ _ . . _ 3,4 f Tint iifc 2,9,10,11,12,13,14,16,32 Pr > u , corporation . . 1 . . . . 18 ± »»bl ( rehff . _ _ _ . . 15 I'ubl t itil.ti^ 4,10,11,12,14,17,19,20 P llman C o . . _„ „_„ 22 t \n i % . _ ._..-._ 31 k i r ha**mK powrr of the dollar. « 4 kadu adverr^smg ._ 6 PatlAiys operations, equipment, financial ^tmtisiics, rniplovnient, wages™. , . 11, 12,14,16,17,18,19,20,21,22,36 -vouvv^/*** *»ftct;t ( w Street lailways, etc.). R ^ o 2,4 9,10,12,13,14,35 fltm pt&, U S Ca'Tvernment..--. ... 18 *^ei oustiurtmn Pman<e Corporation, loans. 18 Rf nM ihoueiug) mdex „ ___. 3 R 7 Ml rcta*J sicirs, sdies _ 7,8 t h i* ^tor*^ „. ..____ 8 IA*\\ orde* „ 8 8 R i*a\fe,n«*rV merchandise _ —— 26 r' * . . _. 34 2 4,9,10,11,12,13,14 L?ibo,rt.ouu<t« . -.-_.._.16 27 isf en 1 Jambs ... _ - — 11,13 „„__„„_..__ 2 '--il r^ nta numttat ti * 4,7,9,10,12,13,14,29 » »»h nciuog, _ ..__....24 ^\?> __„____„__ 17 \u ^-___ 28 i hte \ni$ end me ml packmg . , , . 1, 2,9,10, 12,13,14,27 i n s u i l Mfybvn o l _„,__„« 24 3 i i le * b r i ( t n i WOJ! .__„„___„ 35 ? *•' rui ior { si l i o n a n d steel). ii p _ . 29 j i u t i e j ^ r i a t i t stojc (see also manufacf t '- I'll T t M C t ) ._ 8 » « s U«*JI s ptir s &ile-, vtelds ___. 20,21 it i l a v . j t i d f 1 "\ p i o d u c t s _ „_„_„._ 1, v < , 10,11,12,13,14,16,34 * •j < i<iu , i s W busv_ 10,11,12,14 t . . . 28 ... 23 - * M w x 23 » I si P ** __„.__„ 23 i 1 ' ti * ! * , • "'i "• ibie, and radio-tele< ?** i t h s it a 10,11,12,14,17,23 i » ! « r *,9 1 0 , 1 1 , 1 2 , 1 3 , 1 4 , 1 6 , 3 5 ? » . . . 34 i n . 31 I' ( * 2,9,10,11,12,13,14,23 o » i i hs 11,13,31 Tt * t ! ll^'tMC 1,7 8,10,11,12,14,16 i i i 1 i \r«* m 'ii J , H tiJ t P It . __. . 21 '-»un » *Y and passenger._ 21,22 K J I KtHl it . 1, ; , t,o J0, 11,12,13,16,36 '! ^ S _ . 22 i (' i v * s JI f as*iial e i e c t r i c _ _ _ _ > * ! L M i* t n i« \ t i rtf t i n \ V, *f \^ cSKpWtCtt''™'^ -i i i' * t » ; u W i! V Ivit ,i M r , v u »t * \ * r. lis » ii.1 36 Kilt . ._ „_ 8 K G O V U P I ti i bcndi 19,20 C nw np,< nt, fmit ce__ 18 t * ^J s rpornl'jn J 21,30 I 10,11,12,14,16,17,19,20 ^c f <H »ndt" „___ 8 ) i . 23 mt . „„___ 3,25 i tin cllamou8____.. 13,14,15 i ! t M M , , UirCS_ . _ „ „ _ . „ „ _ 18 rids %l ! i< r i t _ . . . O . HJM • iiioii, t ' i j . r < iri(»«- « • 1 18 6 employment, p a y . . . . . . . . . . 11,13 . . 27 3,4 * > *n,a K i TI ivm f u p y rolh, wages. 10,12,14 . 4,32 1 a ^ > iH A I I I ill* tdi«i t 2 4,9,10,12,13,14, 35,36 Zi nc , .„... — .. 31