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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

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53.31 .
I
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57 54 '
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31
32.
31
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33.

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31.02
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27.45 ' 20. 95 '
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39 5S

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•
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' 1.030

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9f.5
LOW)
1 037

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49 23
r
5 ). 05
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' 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
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.782
.838

. 704
. 743
.837
. 739
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.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

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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

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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

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2l(i. s_»(,

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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

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17o, 142

177 2 U

i n . int.

12*.. o s s ' 1 2 ' . 3 3 . s

I.n.j.^j

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2 ( ' l . H'l

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ll'».:,,j.l

27i.77<i j 2 { l7. t'»13 ' 27'.». J-.ll '

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(

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(

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t>7. t»21
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()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

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ici

>(n

'.,|0

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r

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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

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1,031

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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
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b
3
830
802
28

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42

80

45

31

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33

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10,' o l

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ml

s

o !

o

6,925
6,906 '
18 ;

1,380
1, 240
49
8

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96

88

81

97 '

74

103

10 :
15 !
1

1
0
1

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10

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u i i i ' j s i -,UIH1, b v t \ pt of st < u r ! t V >t d ( > \v
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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 < !
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34
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h'dusti uil, tut U net pi OK ( ddo
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>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
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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
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l l i - h u<,dt r.boiKis
(to) ] , u M i d i n i

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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
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r u t , h e u i i h r i e - (J* bon '<io
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T>tl uilU I '1 )l)on. 1 l si
do
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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

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77
71 j
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77
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71. 1 j

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l! 171

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I, 171

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7,3 |

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:i\ i :>7

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19, til0

'7,

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84.7 |

211.517
11.903

7

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^

22,1

5. 5

4
7. 1

5
5
5
t
7
8

T " \. 527,» 13
21. ^2
29! 3 ^^

132,

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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 ..
"

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1.

93.

97(1 7^7
G'\ 0 U823. 352
44, v«4S

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41,t.7J

9.s. S O
1 6 9 . ]«.»
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119. 1

92 {

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861 1)91
ls,02f)

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]69. Mi
27. S7

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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

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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

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1 5
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3 9
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6. 6

4,, 08 |

4,08

7
0
3
2
2
»'

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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
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,

'Ji
\>'A.
W.
90

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111.0 !

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1".

ss. 2
91). >

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2 M , * » M : .

101.9

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15s. 1 .;
27 3»>

157 ;sf>
2.-. 21

st

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!8

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:

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507, 1 in

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.

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s .
'}. 1
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Hi;.4

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104, 7

100.6

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>

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

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n

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V, *f
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cSKpWtCtt''™'^




-i
i

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* t

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W i!
V

Ivit

,i

M

r

, v u

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\ *
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