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OCTOBER 1940
SU
OF
CUR
DEPARTMENT OF COMNt
BUREAU OF FOREIGN AND DOMESTIC 0
VOLUME
20
NUMBER
is Commerce Weekly Bulletin
ISSUED BY THE
United States
Department of Commerce
Bureau of Foreign
and Domestic Commerce
Jesse H. Jones, Secretary
James W. Young, Director
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UNITED STATES DEPARTMENT OF COMMERCE
JESSE H. JONES, Secretary
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
JAMES
W. YOUNG, Director
SURVEY OF
CURRENT BUSINESS
A publication of the
DIVISION OF BUSINESS REVIEW
M. JOSEPH MEEHAN, Chief
MILTON GILBERT, Editor
OCTOBER 1940
Volume 20
Number 10
CONTENTS
The business situation
Purchasing more active in September
Industrial production rises
Construction of 10-year high
Page
3
3
5
6
SPECIAL ARTICLE
Income payments to individuals, by States, 1929-39
CHARTS
8
Figure 1.—Monthly business indicators, 1936-40
Figure 2.—Percentage increase in selected business indicators, 12
months ended August 1940 from the same period 1939, and August
1940 from August 1939
Figure 3.—Value of exports of United States merchandise by selected
countries and regions, 1938-40
Figure 4.—Index of machinery production with adjustment for
seasonal variations, 1936-40
2
3
5
5
Page
CHARTS—Continued
Figure 5.—Index of cotton consumption, with adjustment for
seasonal variations, 1936-40
Figure 6.—Index of the value of department store sales, with adjustment for seasonal variations, 1936-40
STATISTICAL DATA
New or revised series:
Table 37.—Exports and imports of wood pulp
Table 38.—Pig-iron production
Table 39.—Employment in manufacturing industries
Table 40.—Pay rolls in manufacturing industries
Table 41.—Consumption of rayon filament yarn
Table 42.—Income payments
Monthly Business Statistics
General Index
13
14
15
16
16
17
19
Inside back cover
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6
6
1
SURVEY OF CURRENT BUSINESS
October 1940
Monthly Business Indicators, 1936-40
INDUSTRIAL PRODUCTION
INCOME PAYMENTS *
00
I4U
(1929= 100)
i
(VOLUME, 1935-39=100)
1 Q A
1 C. U
90
/
>
80
i nn
1 UU
70
80
60
i
||1M||
i • i i ! i i i i i
1936
,
1937
1938
11
11
1 1 1 1
1 1 1
1939
I II II
1 1 II
II
60
1940
/
i i i ii 1 i i
(1924-29 = 100 )
1
!,,,,.
1939
1940
A f
150
Ah
\
80
60
1 i 1 i i i i i
1938
(1935-39 = 100)
90
70
1937
IRON AND STEEL PRODUCTION
CASH INCOME FROM FARM MARKETINGS*
100
1 1 M 1 1 11 M 1
1936
100
£±
J
\
50
W
/
0
M M 1 1 1 1 1 II 1 II 1 I 1 1 II
1 1
1936
1937
1938
1939
i 11 11 1 M 111
1
1936
1940
1 1 II 1 1 II
1 1 1 1 I 1 II 1 1
1937
FREIGHT
FACTORY EMPLOYMENT AND PAYROLLS
120
1938
11 11 1 I ! M 1 1 i I I I I 1 i 1 1 1 M
| 1 1
1939 1940
CAR LOADINGS
(1923- 25 = 100)
100
|
FACTORY EMPLOYMENT
(ADJUSTED)
80
^
\
60
FACTORY PAYROLLS
(UNADJUSTED)
40
1936
1937
1938
1939
100
(1926= 100)
90
M
1937
1938
1939
1940
CONSTRUCTION CONTRACTS AWARDED
WHOLESALE PRICES
100
M i l l ! Ml
1936
1940
(VALUE, 1923-25= 100
3-MONTH MOVING AVERAGE)
/—v
\
80
70
60
I
1936
I,,,,,!
1937
111111M 111 1 ! 1 II ! 1 1 1 I I
1938
1939
1940
1936
* ADJUSTED FOR SEASONAL VARIATIONS
Figure 1.
1937
1938
1939
1940
O.O. 40-/4+
SURVEY OF CUKRENT BUSINESS
October 1940
The Business Situation
fall season
BUSINESS has enteredinthemost lines ofwith largerthan-seasonal gains
enterprise,
following an unusually active summer. After holding
approximately steady at the high June level during
July and August, industrial production advanced substantially in September. At the close of the month
the rate of industrial output matched that of the
best month on record, December 1939. The flow of
new business to manufacturing concerns—-stimulated
by the defense program and the heavy demand for
war materials from abroad—has continued to grow,
raising backlogs to a level which assures further expansion in manufacturing industries into the winter months.
In the construction field, contract awards have been
raised to the highest point in 10 years through the
increased volume of defense and related projects.
With employment and pay rolls rising sharply, retail
sales have also been stimulated. All available evidence
emphasizes the fact that a general rise in income and
business activity is in process.
As may be seen in figure 2, a substantial increase in
general business activity has already been witnessed
over the past year. Thus the rise from this time forward will be superimposed upon a relatively high business level. It is interesting to note that the comparisons
of the past year with a year earlier are in virtually all
cases as favorable as the comparisons of August 1940
with a year ago. The one exception is construction
contracts, which show no significant gain for the full
year as a result of the decline in public construction
from the higher totals attending the 1938 public works
program.
Purchasing More Active in September.
The tempo of the recovery movement was probably
quickened in September. With the expansionary implications of the defense program more apparent, business
sentiment became more crystallized in the view that a
favorable prospect was assured. Purchasing in primary markets was activated and there was a rather
general tendency to lengthen commitments in an effort
to forestall delivery delays or to anticipate advancing
prices. Copper sales in September were the largest on
record, with a total of 255,332 tons, and zinc buying
was unusually heavy. As lumber prices jumped under
the pressure of concentrated Army buying, mills received a much increased flow of new orders. Sales of
cotton and woolen goods have also risen, and buying in
hide markets has been more active. Reports from
wholesale markets indicate that the strong trend of
retail sales has led to reordering of fall merchandise.
Comprehensive data on new orders are available
only for August at this time. These show that after a
slight decline in July from the June peak of 133, the
index of new orders during August again approached
the latter volume. The gain occurred entirely in the
durable-goods industries. These industries have had
a monthly increase in new business since February,
the index rising an additional 6 points to 165 during
August. New business received in this month was the
largest since that of last October. The situation at
this time is, however, much more favorable than last
PERCENT INCREASE
20
40
60
MONTHLY /NCOME
PAYMENTS
/NDUSTR/AL
PRODUCT/ON
FACTORY
EMPLOYMENT
CONSTRUCT/ON
CONTRACTS AWARDED
DEPARTMENTSTORE SALES
NEW PASSENGER
AUTOMOB/LE SALES
EXPORTS, U. S.
MERCHAND/SE
WHOLESALE
PRICES
112 MONTHS, SEPT.-AUG. 1340
if ROM SEPT.-AUG. /939
I AUG. 1940 FROM
I AUG. J939
Figure 2.—Percent Increase in Selected Business Indicators, 12 Months
Ended August 1940 From the Same Period 1939, and August 1940 From
August 1939. (The August 1939 to August 1940 Comparisons Are on the
Basis of Seasonally Corrected Index Numbers, With Special Adjustment
of the August 1940 Index of New Passenger Automobile Sales to Take
Into Account the Early Date of the Model Change.)
fall, since the total of new orders then was considerably
inflated by the purchase of semifinished goods for stock.
In August, on the other hand, the situation was quite
different.
New orders received by the machinery
industries were well ahead of other durable lines; the
index for electrical machinery rose from 190 to 214
during the month and other machinery from 154 to 173.
The August volumes w^ere almost double the figures for
the corresponding month a year ago. New orders in
the non-durable-goods industries declined slightly, but
total business remained reasonably high.
SURVEY OF CURRENT BUSINESS
Continued heavy volume of new orders placed with
manufacturers in recent months provided the basis for
a substantial rise in shipments during August. Deliveries were up 9 percent from July, and allowing for
the seasonal low in the automobile industry, attained
the peak volumes reached last October and November.
In spite of this rise in shipments, however, incoming
business more than kept pace with the delivery rate,
leading to a further rise in unfilled orders. August
was the fourth successive month in which the backlog
of unfilled orders in the durable-goods industries expanded. Taken together with the increased rate of
purchasing of primary materials in September, it provides the basis for a general expansion of production
for some months ahead.
Defense Program and Export Demand Provide Stimulus.
Although far from representing the major share of the
increased flow of new business, the national defense
program and the heavy demand for war materials from
abroad have given impetus to the recovery movement.
The defense program is beyond the stage of stimulating
business through anticipation; contracts are being placed
in increasing volume, and considerable production is
now under way. The defense expenditures as reported
October 1940
by the Treasury, totaled $596,000,000 in the first quarter
of this fiscal year, rising from $153,000,000 in June to
$219,000,000 in September. These figures, of course,
greatly understate the quantity of production now in
process for the defense effort, since the bulk of supplies
are not paid for until delivery. Contracts cleared by
the Defense Commission during the first quarter of the
fiscal year totaled $7,600,000,000; and while delivery on
these will take place over a period of several years,
production of both the actual materials and the
capacity to produce them is now increasing theflowof
income payments.
The impact of current demand from abroad on business activity is similarly understated by the latest
export statistics. These show that the loss of Continental markets was completely offset in August by
a sharp increase in shipments to other countries,
particularly the United Kingdom. Total exports of
United States merchandise in that month were
$342,000,000, a 10 percent gain over the previous
month, with shipments valued at $190,000,000 going
to Britain. The recent volume of purchasing by the
British Purchasing Commission, however, is considerably above this figure, as is the actual quantity of goods
now in production.
MONTHLY BUSINESS INDEXES
Monthly Income Factory employment
payments, adand pay
justed i
rolls
Cash farm
income 3
Industrial pro- Freight-car Retail sales, Foreign
trade,
duction, ad- loadings, value, advalue,
justed i
adjusted > justed i
adjusted »
i
s
Year and month
If I
|
Monthly average,
1929=100
1929: August
1932: August
1933: August
1937; August
1938: August
1939:
August
September
October
November
December
1940:
January
February
March
_
April
May
June
July
August
Monthly average,
through August:
1929
1932
1933
1937
1938
1939
1940
1
1
Monthly average, 192325=100
Monthly average, 192429=100
102.2
57.0
58.1
89.0
79.8
101.8
55.8
57.6
89.2
80.5
101.8
59.9
59.4
89.5
81.5
108.4
62.4
81.0
111.7
87.9
113.5
41.4
58.6
108.7
77.3
93.5
74.5
85.2
86.1
88.0
88.5
90.0
84.8
85.0
86.9
87.7
88.9
86.9
86.9
88.5
89.3
90.4
95.9
97.5
101.2
103.4
104.5
89.7
93.8
101.6
101.6
103.7
90.3
89.7
88.4
88.2
88.6
88.7
89.3
90.3
88.2
87.5
87.0
86.2
87.3
87.7
88.6
89.9
90.2
89.6
89.3
88.7
89.8
90.7
91.1
93.2
103.9
102.1
100.4
99.2
99.2
100.2
101.4
103.5
98.3
97.8
98.2
96.3
96.3
97.9
96.5
103.7
99.7
62.1
55.2
88.6
80.2
83.9
89.2
99.8
61.3
53.5
87.3
79.2
83.8
87.8
99.6
65.1
56.7
88.5
80.8
84.9
90.2
106.0
66.4
68.8
109.8
88.1
93.8
106.6
111.4
48.1
45.7
105. 2
74.8
86.1
98.1
Monthly average,
1935-39=100
Monthly average, 19291923-25=100
31 = 100
83.0
67.0
114
54
82
120
90
114
53
81
121
89
108
64
87
115
97
110
51
64
79
62
105
68
69
68
60
75.5
93.0
107.0
90.0
79.0
66.5
73.5
76.5
76.5
79.0
104
113
121
124
126
107
113
121
124
128
91
114
119
120
114
70
77
80
82
78
69.0
60.5
60.0
62.5
66.0
62.5
75.0
77.5
79.0
84.0
76.0
81.5
80.0
70.0
71.0
69.5
122
116
112
111
115
121
121
12
2
122
116
112
110
114
121
121
123
118
114
117
119
118
118
120
116
111
58
68
119
83
100
116
113
57
66
120
82
101
116
105
65
74
111
94
99
116
January
72.1
62.8
61.3
66.6
96.3
65.2
69.5
87.5
78.1
88.7
93.9
96.5
94.5
113.5
75.0
79.1
79.4
79.2
79.2
74
62
60
61
64
69
78
7
1
75 101.3
63 87.9
62 99.0
64 97.6
64 99.7
74 95.6
85 97.5
92 92.8
79.4
78.7
78.4
78.6
78.4
77.5
77.7
77.4
116
36
34
85
49
56
68
127 137.5
29 67.5
19 »60.7
63 99.9
56 83.7
72 88.5
76 96.4
95.7
65.4
63.4
87.3
79.1
76.1
78.3
109
31
38
79
66
119
29
50
79
53
62
63
62
63
62
76.5
83.5
93.7
102.8
108.5
72
72
72
67
91
57
59
65
73
77
73
73
76
83
86
78
7
3
69
70
72
75
75
7
6
62
61
60
59
60
60
61
61
125.8
130.8
112.5
112.5
104.1
122.7
119.5
119.5
95
100
92
90
91
104
95
100
106
53
55
79
59
65
72
104
73
66
68
60
61
60
165.9
41.9
46.9
122.2
64.0
89.3
117.3
112
35
31
69
68
63
90
111
64
75
93
1
Monthly
average,
1926=100
122 143.5
30 59.6
24 62.7
62 93.4
66 81.2
148.5
30.0
52.0
120.5
54.5
Adjusted for seasonal variations; monthly averages, except income payments, are based on unadjusted indexes.
Average for 7 months, January, February, April, May, June, July, and August.
Monthly average,
1923-25=100
From farm marketings.
SUEVEY OF CURRENT BUSINESS
October 1940
There has been a large shift in the demand from
abroad away from the usual peacetime commodities to
goods directly and indirectly required for war. The
largest increases in exports, not only in August but over
the past year, have occurred in aircraft, steel, metalworking machinery, and munitions—the very products
EXPORTS
MILLIONS OF DOLLARS
200
UNITED f UNGDOM
MILLIONS OF DOLLARS
200
CONTINENTAL EUROPE
160
160
f
120
/
80
0
40
Mlllllllll
iim-liMM
0
CANADA
LATIN
AMERICA
60
20
0
80
J ^\
80
/
f
V
/
A
40
80
Ay
40
80
120
20
i!
ASIA
ALL OTH ER
/ \
60
150
(1935-39=100)
60
40
MM
II
tember augmented them. By the end of the month,
output was close to 100,000 per week. Steel-ingot
production has risen more than seasonally to over
92 percent of capacity, and the heavy industries engaged
in defense work have undoubtedly continued to speed
production against their tremendous backlogs. Machinery producers have increased output at a substantial
rate from the already high level of production. The
August gain in the machinery index was 3 percent to
the highest figure on record. Shipments of ore to the
lower Lake ports are reported at capacity in an effort
to insure sufficient supplies to tide over the winter
months.
Largely as a result of the rise in durable-goods production, freight carloadings have had a better-thanseasonal rise as the fall peak in traffic approaches. Loadings during September were fractionally higher than
sJ
125
/
'
\
\
100
0
80
60
40
40
20
V ,
75
"SO
1 M < , i < 1 I 1 ,I
I
1936
I .
ll
II
1937
I I I
11111111111
11 t f I 1 i t i i i
1938
1939
1 1 1 1 1 I t K^kk.
1940
20
Figure 4.—Index of Machinery Production, With Adjustment for Seasonal
Variations, 1936-40 (Board of Governors of the Federal Reserve System).
the corresponding period last year, when traffic was
unusually heavy. While coal shipments rose less than
1939
1940
seasonally in September, there has been a greater-thanFigure 3.—Value of Exports of United States Merchandise, by Selected
Countries and Regions, 1938-40 (U. S. Department of Commerce, Bureau
usual expansion of ore and miscellaneous freight. By
of Foreign and Domestic Commerce).
the end of September, electric power output, increasing
necessary in increased quantity for our own defense more than customary for the month, established a new
effort. Such concentration of demand in armaments production mark. Higher power consumption was
will tend to limit the expansion of production during indicated in all sections of the country, with largest
the coming year, in contrast with what would be pro- gains in the defense-industry areas.
duced by a generalized demand of similar magnitude.
The reason for this is that capacity is not immediately 140 1935-39 = l()0
available to fill all the direct needs—let alone those
/ L /
/
which will be created by increased civilian demands. 120
Given time, this capacity can be created, since we are
far from complete utilization of our resources.
/
I M M I M M I
I I I I M
1938
1939
him
1940
Industrial Production Rises.
1938
100
A /
J\V
While industrial production increased a little during
\
80
the summer months, the Reserve Board's index rising
\ /
A/
from 121 in June to 122 in August, a more substantial
1, M l l l l l l l i i i i i 1 i i r i i
I
gain occurred in September. The rise was paced by
60 I I 1 1 1 1 1 M1 I1I 1I I . 1 I I I
the durable-goods industries, as it has been during the
1940
1937 1938
1939
1936
With Adjustment for Seasonal
entire recovery from April to date. Whereas the early Figure 5.—-Index of Cotton Consumption,of the Federal Reserve System).
Variations, 1936-40 (Board of Governors
change-over to new models in the automobile industry
tended to offset gains in other industries during July
Production of nondurable goods in the aggregate
and August, the rapid advance of assemblies in Sep- appears to have been only moderately changed in Sep-
SURVEY OF CURRENT BUSINESS
6
tember, on the basis of data now available. Activity
at woolen mills increased further as work proceeded on
Army orders. However, there was probably a slight
let-up at cotton mills, after the appreciable rise in
August, and some decline in rayon output. Paper output has declined somewhat from the high volumes of
recent months, but there has been a rather marked
pick-up in the petroleum industry from the low of the
summer months.
The relatively greater gain of the durable-goods
industries should not be interpreted as an unsound
development caused by hesitancy of consumer buying.
All retail sales data show that consumers are spending
freely. In the first place, the durable-nondurable classification is not a producer-consumer separation of industries; many consumer goods are in the durable group.
Furthermore, our information shows that inventory
liquidation of nondurable goods continued much after
that movement had been reversed in durable lines.
Hence, even though a major business expansion must
be reflected in a greater gain of the heavy industries
since it must be based upon large-scale investment
(both producers' and consumers'), activity in the light
industries has been under the level required by current
consumption.
October 1940
latter figure is found to be 43 percent greater than that
of a year ago. Slightly less than half of this increase
was the result of a larger volume of contracts for manufacturing buildings. For the most part, these consisted
of increased plant made necessary by defense requirements.
Publicly financed construction awards had abruptly
jumped 83 percent from May to July, raising the total
in the latter month to $204,000,000—slightly more than
the privately financed aggregate. During August,
public contracts declined 4 percent to $195,000,000,
becoming 47 percent of the total. However, the magnitude of public appropriations assures a considerable
amount of construction work for some time to come.
Employment and Income Up.
The wide advance in industrial activity is being
reflected in an increase of employment and income.
By August, factory employment had risen 4 percent
over the April figure, representing an addition of 1.1
million men and bringing total nonagricultural employment to 36 million. The adjusted factory employment
index in August rose to 103.5 from the July figure of
101.4. This was still 1 percent below the peak reached
in 1939 and 8 percent below the 1937 peak.
The largest employment increase has occurred in the
I 10 ( 1 9 2 3 - 2 5 = 100)
durable-goods industries. Every major durable-goods
industry except tin manufactures reported a larger
100
number of workers in August than in July, with machine
tools, aircraft, shipbuilding, automobiles, and hard/
90
ware showing the largest increases. A more modest
gain was evident in nondurable-goods industries,
though it was well distributed. The rayon, shoe, and
80
V
food industries showed a slight decline in their labor
force, but all reported moderate pay-roll gains.
1
u i
7 0 ii 111! ii ii i 1 ! M 1 i ! 1 I I 1 1 1 I I 1 1 1 i M 1 i ! 11111 i n i i 1 i I I I I
A large rise in income payments was recorded in
1938
1937
1939
1936
1940
Figure 6.—Index of the Value of Department Store Sales, With Adjustment August, the Department of Commerce index advancing
for Seasonal Variations, 1936-40 (Board of Governors of the Federal
by a full point to 90.3. This corresponds to the
Reserve System).
January figure, thus offsetting the decline of last spring
Construction Continues at 10-Year High.
to a low of 88.2 in April. The gain resulted from an
During August and September, construction con- increase in nonagricultural income, the adjusted index
tracts awarded were higher than in any similar period of wages and salaries rising to the highest mark since
during the past 10 years. The awards reported for 1930. For the year to date, income payments have
the first half of September were a little under the August totaled 47.4 billion dollars, as compared with 45 billion
rate, though not significantly so. For both periods, for the corresponding period of 1939. With the proshowever, all categories of construction have exceeded pect of a rising volume of income payments in the
the monthly average for the first 6 months, and with the remaining months of the year, the 1940 total will
exception of utility construction have substantially probably exceed 74 billion dollars, as compared with
70 billion in 1939 and less than 72 billion in 1937.
exceeded the 1939 average.
A strong trend continues to be shown by residential
Agricultural income remains 10 to 15 percent under
building, the $153,000,000 total for the 37 Eastern that of late 1939 and early 1940, partly as a result of the
States in August exceeding that of a year ago by 23 late harvest of several important crops (notably cotton
percent. It is the highest monthly volume since July and tobacco), which has decreased marketings. But
1929. Total private construction (which includes pri- the main factor continues to be a level of agricultural
vate residential housing) recorded an advance from prices lower than that existing at the beginning of the
$194,000,000 in July to $220,000,000 in August. The year. Since agricultural prices at that time were in-
/A
V
J
October 1940
SURVEY OF CURRENT BUSINESS
fiuenced by an overly optimistic appraisal of the international situation in relation to agriculture, a more
interesting comparison is that between farm income in
August 1940 as against August 1939. In spite of
smaller marketings due to the aforementioned lateness
of crops, farm income this August was $696,000,000,
compared with $675,000,000 a year ago. The higher
prices responsible for the increase, 96 this August
(1909-14=100) as compared with 88 a year ago, reflect
almost exclusively the continuance of a higher level of
domestic demand, for the value of exports of agricultural commodities was $18,000,000 less this August
than last. While evidence as to present and prospective supply conditions is not entirely clear at the
moment, it is apparent that little, if any, of the increased income can be attributed to changes in supply,
increases in some crops offsetting declines in others.
The gains in employment and income have been reflected in all retail trade indexes. Department-store
sales, which expanded 8 points over July to 99 during
August, in terms of the adjusted index, scored weekly
gains averaging 10 percent over September 1939.
Retail sales of passenger automobiles were favorable
for August, and the new models have been met by an
active demand. Chain-store sales were up 9 percent
above August 1939, while the August year-to-year gain
for mail-order companies was about 16 percent.
Commodity Prices Rise.
During July and August, commodity prices continued
to weaken as they have almost continuously since
the abortive rise occasioned by the outbreak of war
a year ago. September witnessed the first persistent
reversal of this tendency as purchasing in primary
markets became more active. Though the Bureau of
Labor Statistics weekly wholesale price index of 813
commodities showed an average gain for September
over August of only a fraction of a point, the index
representing the prices of 28 basic commodities rose
from 108.1 at the end of August to 110.8 at the beginning
of this month.
A break-down of the index into its various components gives an indication of the nature of the price
rise. The main element of strength was contributed
by a group of domestic industrial commodities. Copper,
lead, zinc, and steel-scrap prices were especially prominent in the movement, a reflection of the strong demand for durable goods. Cotton-print cloth and wool
tops also showed strength as a result of increased
textile output. Wheat was the only agricultural commodity showing a significant rise, continuing the
advance started about the middle of August. Declines
during the month were limited largely to agricultural
commodities affected by international demand or an
increased supply of the specific crops and to certain
import materials. In the former group, cotton, corn,
hogs, and steers were prominent, while cocoa and sugar
featured the price declines among imports.
The rise in prices shown in September is not significant as yet, apart from a few commodities. Nevertheless, it suggests that a vulnerable spot in the present
business situation is the possibility of a resumption of
inventory accumulation. It should be recognized that
inventories are already high enough to support a much
larger volume of production, and that the essential
thing at this time is to expand output by keeping goods
moving through the channels of distribution into final
use. Bidding up prices through speculative inventory
buying to levels that cannot be supported by world
conditions would not only hamper sound business
expansion but would create serious difficulties in rapidly
achieving adequate national defense.
8
SURVEY OF CURRENT BUSINESS
October 19
Income Payments to Individuals, by States
1929-39
By John L. Martin, National Income Division
to individuals,
INCOME payments basis, increasedboth in total and
on a per capita
significantly in
nearly all States from 1938 to 1939. For the Nation,
the rise in total payments was 6 percent, equivalent to a
5 percent increase per capita. Gains in some States
were more marked than in others, ranging from an
increase of 1 percent in total payments in Kansas to 11
percent in Michigan, and from no significant change in
average payments in Arizona to 10 percent in North
Dakota.
Per capita income payments in 1939 continued to be
characterized by wide variations among the different
States. For all States combined, this average figure
stood at $536, but individuals in 10 States received payments averaging more than $636 and payments were
less than $436 per person in 18 States. Per capita
income in the five States with the highest averages
($750 or more) was more than three times the figure
for the five States at the other end of the range ($300
or less).
NATURE AND COMPOSITION OF INCOME PAYMENTS
Total income payments are made up of four major
types of income: Net salaries and wages, supplements to
salaries and wages (direct and work relief and unemployment benefits, pension payments, workmen's compensation, etc.,) entrepreneurial withdrawals (incomes of
self-employed persons available for personal use), and
capital return (dividends, interest, and net rents and
royalties).
Income payments should not be confused with national income as there are important differences between these two measures, both in magnitude and in
significance. Payments include certain types of income
for which no services are currently rendered (as direct
relief, public-assistance disbursements by governmental
agencies, benefits paid under unemployment compensation and old-age insurance programs, and payments on
veterans' adjusted service certificates) and omit certain
elements of national income which do not immediately
flow to individuals (as business savings and employer
and employee contributions to retirement and unemployment reserve funds).
The estimates of income payments are developed
from a number of different sources. Net salary and
wage figures (including commissions, bonuses, and fees)
1
These estimates are revisions and extensions of data published in an article appearing in the April 1940 issue of the Survey of Current Business. Discussion presented in
the text of that article remains valid, but most of the figures have been improved.
For a more comprehensive explanation of the concept of income payments, see Income
Payments in the United States, 1929-40. Government Printing Office, Washington,
D. C.; price, 10 cents.
are reported in the various surveys of manufacturii
and some other industries conducted by the Bureau
the Census. These figures are supplemented by da
from Government regulatory agencies and from tra<
associations and by information developed throu^
questionnaire surveys conducted by the National I:
come Division. The salary-wage estimates are "ne
in the sense that contributions to the various uner
ployment compensation and old-age insurance ai
retirement funds established by governmental units a
excluded. Estimates of entrepreneurial net income
agriculture are developed from data reported by tl
Bureau of Agricultural Economics, and information f
withdrawals in other industries comes from cens
reports and questionnaire surveys. Supplements
salaries and wages are nearly all well reported 1
various Government agencies. Payments of dividenc
interest, and net rents and royalties are distributed 1
States on the basis of information on individual incor
compiled by the Bureau of Internal Revenue and <
further analysis of income of this type received throu(
savings institutions. Totals for the different types
payments and for all payments to individuals agr
substantially with those reported by the Departme
of Commerce in its monthly series on income paymen
The per capita figures given in table 1 are derived 1
dividing income payments by total population. Pop
lation estimates are keyed to census figures for 1930 ai
1940, with interpolation for intercensal years bas
upon figures released by the Bureau of the Census i
July 1 of each year from 1929 to 1937. Source mater:
now available generally permits the allocation of sala
and wage payments and entrepreneurial withdraw*
only to States in which such income is earned. Sin
the population data are based upon residence, diff<
ences between State of residence and State of emplo
ment therefore may distort per capita income figuri
These differences are usually not substantial,
two cases, however, the District of Columbia and N<
Jersey, the error in per capita income as calculated frc
available data is so marked that the figures are omitt
from table 1. From these data per capita income i
the District of Columbia would appear to be unusua
high, since many persons earning their income th(
live in Maryland and Virginia. For the opposite reas
New Jersey per capita figures appear unusually lo
The per capita incomes reported for New York, Cc
necticut, Maryland, and Virginia (and possibly for soi
other States) are also affected, but not so much as
make the figures unusable.
9
SURVEY OF CURRENT BUSINESS
October 1940
CHANGES BETWEEN 1929 AND 1939
State income payments are important indicators of
changes in regional economic organization and in the
level of economic activity. They provide background
for analysis of many specific problems and are useful to
businessmen and Government agencies concerned with
policy decisions relating to purchasing and fiscal
capacities in the different States.
Total income payments declined steadily after 1929,
finally reaching a level in 1933 at 57 percent of the 1929
figure. Advances through 1937 were marked, but
were followed by a decline in 1938 with a partial recovery in 1939. This pattern of change held for
nearly all of the States as well, but differences in the
amplitude of these changes were often significant. The
columns of table 1 presenting a summary of the shifts
over the period (the relationship of per capita income in
individual States to the per capitas for the Nation as a
whole at both ends of the period) provide a means of
identifying areas in which secular changes have been
important.
In nine States (Michigan, Illinois, North Dakota,
South Dakota, Alabama, Mississippi, Oklahoma, Montana, and Idaho), per capita income payments declined
by 50 percent or more between 1929 and 1932-33. By
1939, per capita income was at 79 percent of the 1929
figure for the Nation as a whole, but average income
in only five of those States (Michigan, North Dakota,
South Dakota, Montana, and Idaho) had recovered to
the same or a better level.
Per capita incomes in four States in 1939 were less
than 75 percent of their 1929 figures: New York (73.0
percent), Illinois (71.7), Alabama (74.5), and Mississippi (74.1). Averages improved substantially relative
to the national figures in a number of States, including
Minnesota (88.6 percent of the 1929 level in contrast
with 79.2 for the country as a whole), Virginia- (91.9),
South Carolina (97.8), Georgia (87.7), Florida (88.6),
Texas (86.8), Colorado (87.6), Wyoming (87.7), New
Mexico (90.2), and Nevada (92.3).
These illustrations reflect the cyclical and secular
changes which have taken place over the past decade.
Per capita income in some States is more variable than
in others, particularly where one State has a higher
proportion of durable goods activity than another (as
Michigan in contrast with Massachusetts) or where
agriculture is more important (as Iowa in contrast with
Maryland). Per capita income in particular States
has also improved or declined in relation to the average
for the country as a whole. The movements exhibited
in table 1 are compounds of the two tendencies.
Table 1.—Per Capita Income Payments by States, 1929-39
Ratio to national
per capita payments
Per capita payments in dollars
State i
Alabama
Arizona
Arkansas
California
Colorado
ConnecticutDelaware
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts-.
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire..
New Mexico
New York
North CarolinaNorth Dakota-..
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina...
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington -._
West Virginia.
Wisconsin
Wyoming
1929
326
586
305
978
596
928
1,025
516
333
529
892
589
536
519
375
411
574
695
874
759
570
274
608
645
538
873
651
358
1,130
325
441
747
453
664
756
844
274
446
359
462
552
603
419
728
466
653
710
1930
243
503
222
886
588
846
874
455
275
474
769
507
526
481
319
356
559
658
816
627
534
205
556
528
547
804
601
325
1,055
265
365
650
355
573
689
770
223
430
296
389
490
550
371
649
406
569
645
1931
189
419
172
757
494
741
805
392
228
366
617
421
414
398
263
310
491
578
741
517
458
143
466
441
457
726
546
282
909
224
254
544
277
480
580
698
189
355
241
320
409
484
323
527
346
468
547
1932
157
315
154
585
365
574
615
308
188
264
457
314
275
281
212
243
387
467
609
394
341
131
358
315
279
554
427
207
710
182
182
403
217
367
436
565
155
194
194
260
299
383
272
401
267
355
410
1933
145
307
144
546
355
544
582
286
186
285
430
307
290
284
194
230
372
433
559
347
329
126
337
337
312
513
415
218
654
195
217
390
226
347
408
524
166
225
186
258
299
360
250
385
262
338
420
1934
197
370
185
600
401
607
661
341
232
349
487
305
330
335
239
273
404
481
607
444
379
164
381
463
377
597
467
276
718
248
250
460
255
409
469
563
208
272
242
300
340
397
299
444
321
388
496
i Per capita income not computed for District of Columbia or for New Jersey. See text.
263113—40
2
1935
208
397
201
649
433
656
736
368
253
386
530
402
374
369
262
287
437
508
639
507
421
174
408
541
378
681
489
288
755
261
287
508
287
452
504
607
221
299
259
322
385
433
324
483
343
440
545
1936
248
447
238
754
508
751
855
430
290
443
619
481
449
427
304
326
488
577
706
589
493
217
469
587
466
753
520
332
838
292
334
598
327
536
579
668
254
369
297
367
437
493
370
580
398
513
614
1937
255
499
243
792
554
803
912
454
295
490
664
520
461
455
319
341
502
614
724
650
511
203
484
592
454
831
549
343
860
311
365
643
359
556
612
694
265
341
309
408
474
494
386
598
412
537
629
1938
236
457
234
726
500
711
780
426
279
434
603
461
429
409
294
339
457
559
668
552
485
194
455
510
403
744
511
315
799
290
328
562
336
519
541
630
249
348
286
388
446
457
365
574
366
489
588
1939
243
456
244
753
522
768
848
457
292
453
640
494
446
411
300
350
481
595
705
604
505
203
472
552
421
806
519
323
825
302
362
608
343
545
575
666
268
373
296
401
449
486
385
606
378
501
623
1929
0.482
.866
.451
1.445
.880
1.371
1.514
.762
.492
.781
1.318
.870
.792
.767
.554
.607
.848
1.027
1.291
1.121
.842
.405
.898
.953
.795
1.290
.962
.529
1. 669
.480
.651
1.103
.669
.981
1.117
1.247
.405
.659
.530
.682
.815
.891
.619
1.075
.688
.965
1.049
1939
0.453
.851
.455
1.405
.974
1.433
1.582
.853
.545
.845
1.194
.922
.832
.767
.560
.653
.897
1.110
1.315
1.127
.942
.379
.881
1.030
.785
1.504
.968
.603
1.539
.563
.675
1.134
.640
1.017
1.073
1.243
.500
.696
.552
.748
.838
.907
.718
1.131
.705
.935
1.162
10
SURVEY OF CURRENT BUSINESS
October 1940
Table 2.—Income Payments, by Types of Payment and by States, 1929-39
[Millions of dollars]
Type of p a y m e n t
1929
1930 1931 1932 1933 1934 1935 1936 1937 1938
1939 1929
1930
1931
1932 1933
1934
1935 | 1936 I 1937 1938
i
Arizona
Alabama
Total..
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc.-.
856
645
507
425
396
541
573
687
709
662
686
251
216
179
134
131
160
203
235l
22l! 225
510
13
440
14
263
21
252
30
299
45
402
58
83
11
95
19
107i
19]
1221
23|
146
17
131 134
21 20
153
44
189
64
170
56
167
59
147
5
37
27
92
77
37
172
5
45
29
120
9
101
40
375
60
194
58
380
56
117
74
320
41
165
47
416
40
249
84
347
28
73
59
29
21
21
14
24
13
31
15
33!
35
46
26
563
414
327
297
277J
357|
144J
271
164i
37|
175
39
126!
30
139
32
288
14
251
16
196
32
152
30
204
57
106
41
67
32
93
22
463
450 j
472
5,390 5,058 4,389 3 454 3,294 3,680! 4,0881 4,861; 5,1841 4,856;5,122
195
54
209
40
199!
451
208
49
166
39
172
42|
169!
37!
176
39
2,972i 2, 840 2, 965
3,236 3,074 2,613 2 115 1 925 2,109| 2,341 2,
141
133
1801
238
249|
307i 333
106
331
65
72
|
702
911
863
573
617
778!
925! 1, 016|
885 • 934
729
906
619
689
7311
936i
947!
1,178 1,049
660
824! 890
Colorado
TotalNet salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc—
613
610
516
383
390
11
355
11
300
22
148
96
111
83
60
65
Connecticut
466
551
608
554
581 1,476 1,363 1,208
945
902 1,015i 1,105 1,272' 1,361! 1,2081,310
902|
256
42
294
59
318
54
962
14
849
15
724
29
560
22
542
30
612;
42!
682
46|
767
67
1661
46
758! 837
67! 59
96
72
109
89
327
48
144
89
305
54
86
65
I
425
238
36
374
242
16
110
102
120
75
127
82
129
371
121
378
109
346
87
276
83
247
95;
266
d
116;
322!
1291
320!
1201 127
263 287
District of Columbia
Delaware
243
209
116
2
105
23
102
931
4
222
151
145
166
187
220
235
204
624
632
611
543
480
538;
613
727
759
744 790
74
3
68
5
78
4
83
4
108
5
98
6
440
11
441
11
438
28!
500
38
574
32
21
79
23
94
26
96
24
76
61
112
60
120
45!
48!
55
134
543
28
61
127
538
33
17
67
333
19
43
85
371!
26!
13
59
431
21
54
105
388
16
14
60
21
81
196
00 Cn
Total
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc.—
61
112
65
119
881
483
70
46
93
Georgia
Florida
671
591
473
447
549
610
736
799
769
399
11
342
22
280
17
255
27
305
38
340
35
389
55
435
39
429
51
459
58
803
843
448
10
14'
134
129
98
96
80
93
72
117
89
129
106
149
143
162
163
147
142
162
164
586!
141
266
103
670
557
553!
695;
763 j
528
16
453
33
359
22
349 i
31!
399
435!
166
93
104
80
coco
739
QO CO
Total..
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc..
Idaho
Total..
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc...
235
212
166
217
245
221
234 6,729 5,879 4,740 3,523 3,322 3,775 4,121= 4,819| 5,1921 4,724 5,027
3,7751
96
15
110
20
125
14
120
16
124 4, 569 3,873 3,128 2,346 2,144 2,444 2, 6801 2, 986 j 3,342 3, 008 3,195
2,444
224
17
141
172
221|
351| 258
312 327
148
71
74
56
11
63
12
71
16
89
17
70
15
79
18
72
16
46
12
28
8
45
9
842
777
1,247 1,155
612
852
453
583
1,308 1,120
35
33
916
65
681
52
285
208
229
171
176
128
649
57
202
114
767
76
853
80
248
131
276
141
999 1,141
90
127
321
343
184
179
308
160
316
172
673
18
462
170
214
88
695
787
758
834
686 i 722
7181 783
686
725
826
940 1,129^ 1,162 1,
548
41
433
29
375
34
412
44
492
154
321
118
138
86
245
71
281
89
450
44
350
96
1,128
492.
82 i
581j
513
543
53!
63
66
438:
117'
414;
1141
405 \ 409
103! 110
Kentucky
527
531
621
675
776
814
733
330
24
112
61
294
29
320
40
368
69
404
44
395
50
396
51
151
57
188
73
338
46
214
77
244
95
263
103
196
92
195
97
975
00
298
106
609!
611!
635
20
1,323 1,301 1,028
961 1,070
126
136
CO
292
135
541
566
517
489
Iowa
1, 894 1,648 1,381 1,037 1,022 1,222 1,350 1,626 1,758 1,565
409
36
222
94
186
78
8
526
18
217
86
82
16
99
9
747
526
165
121
3
482
19
229
99
498
57
133
135
3
905
201
78
!
858 905
531
46
224
102
Illinois
Kansas
Total
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc
491
903
122
70
9
331
222
47:
112
61
Indiana
TotalNet salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc
47
22
California
Arkansas
Total
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc.—
1939
J
257
134
837
697
568
524
654
719
842
890
826 847
509
20
422
40
135
100
322
31
310
36
351
41
392
46
478
54
445
61
469
66
135
80
104
74
176
86
190
91
442
75
220
105
252
106
229
91
217
95
185
123
11
SURVEY OF CURRENT BUSINESS
October 1940
Table 2.—Income Payments, by Types of Payment and by States, 1929-39—Continued
Type of payment
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1939
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
I
Louisiana
_.
750
654
515
491
592
639
736
781
784
820
457
446
396
315
306
334
364
408
420
383 404
518
12
487
14
411
30
321
25
302
35
338
42
367
41
400
62
459
44
457
55
471
60
278
9
262
10
234
17
187
13
181
15
200
19
213
21
230
31
251
19
229
27
244
25
199
126
135
114
113
100
93
76
92
62
135
77
149
82
173
10.
166
112
172
100
181
108
47
68
50
60
52
63
66
64
73
74
76
74
63
64
67
68
87
87
CO OO
Entrepreneurial withdrawals
Dividends, interest, etc
855
OO OO
Total
N e t salaries and wages
Other labor income
Maine
Maryland
1,124 1,077
959
782
733
824
879 1,007 1,082
996 1,070 3,690 3,470 3,1551 2,589 2,376j 2,579 2,736 3,030! 3,106 2,873 3,03
CO CO
Total.
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc
Massachusetts
661
14
576
29
464
23
482
43
522
39
593
60
665
41
614
53
67 2,398 2,190 1,934 1,535
110
97
50
48
58
137
265
121
281
107
247
89
206
431
28
92
182
106
193
117
201
132
222
141
235
128
201
133
212
346
318
904
825
238
719
Michigan
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc
893
2,502 2,097 1,673 1,313 1 158 1,491 1,740 1,982 2,363 1,868 2,160
,
124 183
39
44 100
76
93
127
119 239 211
373
521
305
420
246
258
244
172
301
237
344
287
401
384
443
387
370
329
395
357
813
22
710
49
573
34
377
201
353
185
264
167
159
127
204
113
289
267
258
337
363
456
432
417
223
10
176
22
141
17
142
30
152
30
176
46
191
33
177
37
193 1,413 1,303 1,102
33
30
41
67
227
55
137
42
90
20
137
28
151
30
197
37
168
40
167
36
169
CO CO
412
255
9
417
335
361
331
285
275
860
48
218
214
347
284
236
214
5
96
32
182
5
69
28
151
10
52
23
689
129
769
95
745
116
792
114
289
132
345
163
363
161
329
140
342
150
780
52
858
76
247
188
291
212
915 1,004 1,083 1,032 1 070
,
142
99
120 126
85
309 347 356 322 331
227 273 276 235 255
246
288
315
321
279
304
739
753
628
383
426
511
503
613
593
526 552
152
21
172
31
186
24
166
29
177
25
375
10
356
10
314
21
249
14
283
38
278
42
289
41
96
19
89
23
86
25
62
22
255
99
302
85
220
73
72
48
242
26
192
51
272
50
45
16
220
15
146
45
251
32
25
17
127
21
78
20
164
56
229
62
212
60
152
54
166
56
New Hampshire
79
73
67
52
49
58
69
78
89
80
302
281
257
203
199
226
238
254
267
250 254
52
1
48
1
43
2
38
1
32
2
37
4
42
4
46
5
56
4
53
4
204
4
188
5
165
9
149
12
151
19
165
13
152
18
16
14
10
12
10
6
7
9
6
10
7
13
10
14
13
15
14
12
11
36
58
Oi CO
124
8
22
45
140
12
17
9
125
7
23
48
27
47
30
47
32
52
34
55
32
48
33
49
137
163
175
163
87
15
88
16
46
15
50
16
27
56
150
138
121
90
97
126
1,711
159
90
3
85
3
75
6
61
5
57
6
63
14
17
91
14
326
4781
42
15
36
14
27
13
CO Ox
New Mexico
26
39
10
36
54
16
844
724
596
647
832
883 1,000 1,073 1,013 1,068
599
11
553
13
469
31
372
20
380
29
436
39
475
40
534
63
597
39
576
56
617
58
290
117
172
106
133
91
132
72
161
77
265
92
270
98
286
117
315
122
278
103
282
111
14, 047 13,317 11, 567 9,096 8,429 9,311 9,848 10, 987 11, 329 10, 590 10, 991 1,017
8,205 6,982 5,332 4,843 5,420 5,793 6,285 6,728 6, 355 6, 588
627
355
559
555
244
491
767
161
293
658
990 1,087 1,221 1,365 1,440 1,364 1,404
1,723 1,584 1,351 1,052
2,241 2,313 2,275 2,570 2,606 2, 2131 2,372
3,481 3, 3371 2,941 2
144
8
North Carolina
New York
621
83
180
3,228 3,091 2,734 2,197 1,981 2,184 2,322 2,621 2,747 2,557
Total
2,137 1,993 1,698 1,353 1,197 1,332 1,432 1,574 1,741 1,618
Net salaries and wages
112 120 183 132 157
54
34
36
Other labor income
74
74
Entrepreneurial with369 353 305 248 242 257 274 312 332 323
drawals
Dividends, interest, etc
688 709 657 542 468 483 496 552 542 459
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc
563
78
237
129
106
13
168
New Jersey
Total
303
633
Nebraska
Nevada
Total
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc
290
597
OO OO
Montana
Total
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc
307
704
,
2,195 2,028 1,729 1,340 1,267 1,437 1,536 1,766 1 814 1,709 1 782
546
87
22
285'
713
Missouri
to to
Total
262
640
868 1,007 1,125 1,326 1,388 1, 330 1, 398
856
20
Mississippi
Net salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc
241
657
Minnesota
3,608 3,035 2,498 1,893 1,667 2,156 2,495 2,950 3,312 2,806 3,123 1,454 1,373 1,190
435
632
219
toco
Total
L,
1,417| 1,534 1,663 1,796 1,921 1,7'51 1, 879
174
112
147
236 j
171
220
235
12
SURVEY OF CURRENT BUSINESS
October 1940
Table 2.—Income Payments, by Types of Payment and by States, 1929-39—Continued
Type of payment
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1929
1930
1931
1933
1933
1934
North Dakota
Total..
Net salaries and wages
Other labor income
-Entrepreneurial withdrawals
Dividends, interest, etc
249
174
126
149
171
191
219
234
209
106
8
87
6
75
8
81
22
87
21
93
32
98
27
97
26
100 3,444 2,963 2,420 1,780 1,729 2,022 2,254 2,586 2,912 2,445
144
21
70
74
201
312
131
98
190
216
304
142
18
105
17
46
14
22
11
56
10
57
11
71
12
82
12
96
13
74
12
613
791
529
759
445
645
353
475
1,072
355
398
587
586
591
673
531
550
614
684
769
834
782
797
625
548
464
360
343
412
466
561
594
557
411
40
322
36
296
36
324
48
344
49
374
85
419
66
398
72
396
75
401
9
366
10
306
21
237
15
217
20
249
28
282
29
323
47
365
32
348 371
298
159
172
137
131
91
108
65
152
66
160
82
204
87
204
106
230
119
204
108
210
116
149
112
115
40
139
52
143
54
120
48
39
129
52
Rhode Island
7,230 6,653 5,631 4,253 4,002 4,595 4,947 5,698 6,038 5,347 5,678
575
530
482
391
363
391
423
467
488
445 473
4,941 4,492 3,674 2,751 2,569 2,979 3,174 3,570 3,972 3,352 3,636
164
81
86
194
266
113
336
344
483
445
467
387
8
345
9
296
19
229
18
221
13
240
15
269
18
287
31
313
23
278
36
303
31
49
131
45
131
39
128
33
111
30
99
32
104
36
100
39
110
42
110
38
93
40
569
678
763
1,445 1,397 1,224
452
937
418
821
483
867
545
609
674
892 1,052 1,048
613
899
636
961
475
389
333
277
299
377
404
470
493
468
508
307
298
246
134
155
187
200
241
220
223 239
280
7
259
8
222
18
180
11
185
23
214
28
229
26
258
45
290
29
273
38
295
41
133
4
129
5
coo
93
7
78
13
82
30
91
22
97
33
101
28
104
28
110
24
152
36
86
36
63
30
63
23
68
23
107
28
119
30
131
36
ooo
124
33
135
37
146
24
143
21
106
17
21
13
53
11
toco
South Dakota
73
14
96
15
77
14
78
13
92
13
Texas
932
779
641
522
507
666
722
837
877
820
856 2,651 2,274
1,546
1,552
572
16
522
18
422
36
324
28
326
29
393
41
428
43
478
67
525
44
487
57
517 1,481 1,373 1,159
34
60
31
79
934
55
856
70
956 1,031 1,162 1,332 1,325 1,362
100
105
170
118
132 140
234
110
140
99
103
80
112
58
96
56
163
69
177
74
201
91
213
95
194
82
192
365
286
342
215
408
218
488
278
731
509
358
1,822
1,971 2,274 2,559 2,455 2,558
542
293
373
690
419
622
376
649
407
Vermont
278
250
210
155
155
178
203
232
254
160
3
132
8
103
5
94
11
107
17
124
18
136
23
158
16
147
22
59
33
54
33
42
28
26
21
32
18
36
18
41
20
48
25
55
25
217
50
23
150
21
198
174
138
130
143
156
177
177
164
128
4
117
4
100
7
77
5
72
6
77
8
86
8
96
13
104
8
92
11
100
48
37
242
coco
559
536
529
16
40
37
33
34
28
28
27
25
33
25
37
25
40
28
37
28
35
26
37
28
Washington
901
797
676
630
760
829
654
14
612
16
535
35
438
22
411
26
464
37
506
39
230
115
156
117
119
108
128
88
111
82
163
96
181
103
834
640
620
723
799
971 1,014
C5 OS
1,013
618
41
596
49
644
49
744
14
680
15
552
32
428
24
389
35
441
46
496
50
572
89
634
63
621
78
662
73
205
123
210
133
198
115
199
127
220
148
190
133
144
106
112
76
126
70
157
173
80
200
110
203
114
182
100
196
110
955 1,002
958 1,019 1,126 1,018
79
981 1,041
797
704
606
471
465
574
616
720
759
683
712 1,906 1,675 1,382 1,051 1,005 1,156 1,317 1,545 1,637 1,504 1,555
586
10
530
11
444
23
336
16
332
33
401
38
430
37
OS 00
Wisconsin
531
41
454
60
485 1,201 1,047
23
26
51
863
54
661
43
601
65
683
89
776
90
869
131
991
93
906
120
955
113
114
87
79
84
70
69
68
51
55
45
82
53
93
56
104
71
112
75
105
64
107
262
203
184
163
206
133
240
144
289
162
351
194
357
196
310
168
307
180
Wyoming
Total.
Net salaries and wages
Other labor income
Entrepreneurial withdrawals ..
Dividends, interest, etc...
635
621
854
West Virginia
TotalNet salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc.—
579
582
601
14
Virginia
TotalNet salaries and wages
Other labor income...
Entrepreneurial withdrawals ...
Dividends, interest, etc—.
305
510
479
444
449
Oregon
Utah
Total
Net salaries and wages...-.
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc
19S9
231 4,918 4,325 3,641 2,706 2,626 3,105 3,444 4,059 4,384 3,844
123
4
Tennessee
TotalNet salaries and wages
Other labor income
Entrepreneurial with
drawals
Dividends, interest, etc
1938
136
3
South Carolina
TotalNet salaries and wages
Other labor income^ Entrepreneurial withdrawals
Dividends, interest, etc
1937
299
Pennsylvania
Total.
Net salaries and wages
Other labor income
Entrepreneurial with
drawals
__
Dividends, interest, etc
1936
Ohio
Oklahoma
TotalNet salaries and wages
Other labor income
Entrepreneurial withdrawals
Dividends, interest, etc
1935
158
146
125
94
97
115
127
145
150
142
152
104
2
96
2
80
5
64
4
57
5
63
8
72
7
79
14
84
9
82
8
85
8
39
13
36
12
30
10
18
8
26
9
34
10
37
11
40
12
43
14
39
13
46
13
407
275
347
255
13
SURVEY OF CURRENT BUSINESS
October 1940
NEW OR REVISED SERIES
Table 37.—EXPORTS AND IMPORTS OF WOOD PULP *
[Short tons]
Year
Total
Monthly
average
Year
Total
Monthly
average
Month
1934
1935
1936
1937
1938
1939
1940
Total exports
19,776
12,337
20.294
40.023
39,180
22, 324
40.057
31.966
28, 483
24. 500
23.068
32.098
37.995
34.220
32.006
1913.
1914.
1915.
1916.
1917
1918
1919
1920
1U21
1922
1923
1924
1925
1926
1927.
1,648
1,028
1,691
3,335
3,265
1.860
3,338
2,664
2,374
2.042
1.922
2.675
3,166
2.852
2,667
1928,.
1929..
1930..
1931..
1932..
1933..
33.484
54.008
48.427
53. 308
47.861
79,192
2,790
4, 506
4.036
4,442
3,988
6,599
9.843
10.995
8.207
10, 342
6. 555
2, 364
13,779
18,740
22.639
11.816
10,588
17.067
142.931
11,911
Total
Monthly average
15. 740
13.048
20.410
13. 125
14,821
8.216
7.1)57
15.116
13.617
10. 832
15, 648
24.081
9.648
10. 986
10. 5.66
27.550
14, 264
18.212
22,570
17.807
21.945
17. 175
13,060
9.642
9,429
10,758
22. 671
18.876
32.118
33,123
35.487
31.448
34.901
29. 528
29,004
35,201
12,784
20.409
11.994
16,092
8.296
4.456
7.345
6,116
5.146
5. 505
6,190
37, 151
6.309
5,748
5, 674
5,036
6.211
10, 533
11,030
10.946
16.873
21.622
20.985
18,537
171,711
14, 309
193, 485
16,124
322, 544
26,879
140.484
139, 504
11,625
154,548
155,541
118.644
91,392
143.041
147,999
171,067
160,134
158.831
182.807
164. 758
157,212
January...
February.
March
April
May
June
July
August
September.
October.
November.
December-
175,250
108. 545
119,373
86, 123
164,076
153,680
142, 560
148,219
161,309
231,786
199 494
242.834
209.133
155, 755
146,458
121,397
167.933
222.909
208.100
216.223
211,710
200,764
201,095
216,023
190,645
206,540
167,263
128, 238
209.302
260,022
226,832
216. 523
202,525
201.872
207.622
177.221
144.007
127. 996
93. 985
78.842
124.412
144.175
133,435
174,125
162. 156
156.376
182,781
188,103
11,707
15,713
27,333
30, 694
37,417
57,923
40,864
64,702
60,379
Total imports
1913
1914
1915
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925.
1926
1927.
541,455
675, 565
579, 579
683, 764
677.841
578.209
636.017
90(5. 297
697. 100
258.961
383, 157
523.062
664,307
733,635
678,597
45,121
56,297
48, 298
56,980
56.487
48,184
53,001
75, 525
58,092
104,913
115,263
126,922
138, 692
144,470
139,883
1928.
1929..
1930.
1931.
1932.
1933..
761.607
886. 346
830,217
596.422
481,760
941,582
146,801
157. 196
152,518
133.035
123,480
161,798
January
February..
March
April
May
June
July
August
September.
October
November.
December..
1,805, 974 1, 933, 249
161,104
150,498
Total.
Monthly average
2, 277,500 2,394,605
189,792
199,550
171.958 262,171
110.816 158,827
135. 126 73,915
88,401 109,986
81,345
158,698
93,358
170,122
157. 125 86,426
83,640
150,569
160,688
216, 142
272,049
235.419
1, 710. 393 2,027,113
168,926
142,533
Total sulphate imports
1916
1917
1918..
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
1929
1930
. .
109.558
122,520
151,057
199.074
17H. 087
330.337
279.012
342.392
362.311
393.064
394. 185
443 348
447, 293
422,334
* 10,920
9,130
10, 210
12,588
16,664
14,841
27, 528
23, 251
28.533
30, 193
32. 755
32.849
36 946
37^ 274
35,194
1931
1932
1933
419 210
374. 108
558,434
34,934
31, 176
46, 536
January
February
March
.
April
May
June
July
August
September
October
November
December
.
..
__ _.
Total
Monthly average
46.365
47.967
31. 75ft
19.9<>4
44.998
40,970
48, 210
46, 351
48,616
58, 891
49.046
52. 366
63.143
27. 124
37. 081
21. 137
60. st>4
67 0S2
42. 730
44. 908
55. 493
71.210
61. 252
79. 318
76,501
63. 272
46.089
29,728
59. »H7
76 157
69. 529
74 565
71,188
57.452
55,378
6S. 591
51,878
66.390
53. 505
22.943
71. 589
86. 163
73.362
69.009
59. 637
65. 093
63.993
50. M3
50,010
34, 256
26, 549
23.903
44 710
42. 540
44. 051
46. 770
54. 302
35, 849
49. 604
65. 394
635, 503
44,625
. _„
611.342
50,945
738,097
61.508
734. 215
61,185
43,374
44.875
26. 202
15. l s 2
40. 503
36 432
43.902
42.959
44. 959
52, 529
43, 393
47. 064
57. 808
22.449
31.6M5
15. 724
42. 5*9
50. IS2
35,625
37,604
46, 732
62. 370
53. 544
70, 372
67.126
43,8»53
38.850
21, 346
50, 842
69. 053
60.062
67.111
62, 485
50.037
4a 316
58. 631
481. 435
40,120
52a 684
43, 890
92,973
95. 514
7fi, 924
56,772
79. 703
95, 374
101.408
95 959
90. 453
106. 197
96. 251
86. 105
1,073.633
89,469
101 363
47.197
21, 030
30,850
11,815
17.817
11,385
17,020
517.938
43,161
56,062
36.935
41.278
23.966
50. 70S
48 349
52.0*7
45 491
47. 032
57. 707
104.945
89. 859
654.419
54,535
43,710
58. 186
42.801
15.8*9
60,138
76. 703
63,481
67.644
51. 273
56. 334
50.649
45,582
3a 765
29, 749
21. 235
16. 236
37.651
37. 486
39. 315
39,703
4a 170
26,507
37.427
56,461
49,934
30.913
34, 401
17, 555
37. 549
39. 215
43,612
35 652
38,645
47, 539
92. T59
78,493
79 358
38, 750
13.408
24,889
a 669
13 058
5,546
12,636-
635. 722
52.977
622. 390
51,866
427. 765
35,647
646, 167
45,514
96,381
68.842
68.937
55, 129
95.729
80,932
88. 785
89 897
91.723
131. 886
1J6.472
137,737
113.429
89. 219
80, 749
77, 816
87.988
132. 790
114.848
122 981
114,535
120, 895
120. S90
122.748
119. 107
123. 874
97. 467
85. 000
115.458
153. 299
127.881
130 885
126,757
118,112
123. 590
110.211
80, 787
83. 290
66, 362
43.210
69, 599
86. 940
77. 551
112 517
87.617
105.349
115,684
105.005
04. 596
65, 757
76.184
53, 830
88. 716
103. 85S
84, 897
84 741
89. 31S
135. 795
143. 7%
111814
1,122. 450
1.298,888
108,241
1,431.641
1,023.911
1,135, 302
119, 303
85.326
94.608
Unbleached sulphate Imports
1916.
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
107.933
118. 761
145.911
182. 697
174.004
308. 564
261. 740
311.465
342. 802
374.97ft
3S2. 101
427 007
430,085
400,457
1929
1930
> 10,151
8,994
9,897
12, 159
15, 225
14. 500
25.714
21.812
25.955
28,567
31, 248
31,842
35 584
35,840
33,371
1931..
..
1932 . . .
1933
385.965
347,938
617,418
32,164
28.995
43,118
January .
February
March
April
May
June . July
August
September
October
November
December
Total
Monthly average
._
Total sulphite imports
1916
1917
1918
1919
1920
1921
1922
1923
1924
1925
1926
1927
.
1Q98
1929
1930
289. 210
270. 211
282, 707
473, 175
328. 270
712,088
797 925
934, 404
970.211
1,034. 590
1.035. 984
1 062 416
1,159.974
1,106,4S7
'31,900
24,101
22,518
23,559
39,431
27,356
59,341
66, 494
77,867
80. 851
86. 216
86.332
88 535
96.664
92,207
» See footnotes on p . 14.
1931
1932 .
1933
963, 225
917.430
1,168,943
80, 269
76, 452
97,412
January . .
February
March
April. .
May
June
July
August
September
October
November.
December
Total
Monthly average
93,537
140 279
9a 109
44 172
65 035
50.045
53. 349
54 882
K 318
K
-------
14
SURVEY OF CURRENT BUSINESS
October 1940
Table 37.—EXPORTS AND IMPORTS OF WOOD PULP—Continued
[Short tons]
Year
Monthly
average
Total
Year
Total
Monthly
average
Month
1934
1935
1936
1937
1938
1939
1940
30, 059
26, 870
39,198
43,936
47, 070
47, 326
43, 670
49, 418
45,936
46, 749
42, 045
36, 679
39,120
30, 814
511,961
42, 663
19, 655
23, 295
23, 354
20, 605
25, 554
21,190
27,143
33, 225
32, 813
30, 029
40, 279
40, 517
337, 659
28,138
35, 098
26, 002
37, 045
31, 674
35, 542
41, 982
33, 777
36, 853
40, 042
56, 398
53. 492
46, 204
474,109
39, 509
48, 887
33, 610
22. 836
34, 068
26. 822
30, 294
27, 662
31, 376
429,424
35, 785
38, 770
39, 474
41,966
41, 847
40,190
47,124
40, 598
43,167
41, 508
45, 053
45,942
46, 529
512.168
42,681
66, 322
41, 972
40, 054
23, 256
55, 730
52, 544
54, 073
53,128
55, 015
88. 620
68, 775
93, 537
693,026
57, 752
74, 659
49, 745
38,783
35, 969
47, 798
85,666
74, 250
79, 814
73, 027
75, 842
74,948
76, 219
786, 720
65, 560
79, 909
61,132
79, 938
59, 995
50, 397
33, 008
37, 674
22, 605
71,788 I
44, 045
103,881 I 65, 750
81,945
50,408
84,136
79, 292
84, 712
54, 804
81, 433
75, 320
84, 470
75,405
79, 397
64, 488
919, 680
686, 252
76, 640
57,188
59, 498
39, 755
39,139
22,156
53,174
61, 876
51,120
47, 888
49, 276
79, 397
90,304
67, 610
661,193
55, 099
91, 392
62, 499
21, 336
30, 967
23, 223
23, 055
27, 220
23,942
Bleached sulphite imports
1916..
1917..
1918 .
1919..
1920..
1921..
1922..
1923..
1924.
1925..
1926.
1927.
1928.
1929.
1930.
41, 037
16, 757
42, 755
128, 206
95, 206
238, 664
280, 650
305, 053
321, 413
330,196
348, 465
344, 877
374, 343
361, 632
1931..
• 3 . 175
1932..
3, 420
1933..
1, 396
3, 563
10, 684 !
7 934
19, 889
23, 387
25,421
26, 784
27, 516
29, 039
28 740
31 195
30 136
358, 418
348, 372
448 781
29, 868
29, 031
37, 398
January. .
February.
March
April
May.
June
July....
August.
September.
October
November.
December._
Total
Monthly average
I
33,948
34,948
38, 670
29, 367
29, 036
34,116
35, 293
34, 581
29, 295
37, 736
35. 456
25, 584
398.030
33,169
31,873
39, 999
28, 388
34, 712
36, 769
36, 708
43. 266
47, 697
44, 200
Unbleached sulphite imports
1916..
1917-.
1918..
1919..
1920..
1921..
1922..
1923..
1924..
1925..
1926..
1927..
1928..
1929..
1930.
248,173
253, 454
239, 952
344, 969
233, 064
473, 424
517, 275
629, 350
648, 798
704, 394
687, 519
717, 539
785, 631
744, 855
2 28, 725
20, 681
21,121
19, 996
28, 747
19,422
39, 452
43,106
52, 446
54, 066
58,699
57, 293
59, 795
65,469
62, 071
1931.
1932..
1933.
604, 807
569, 058
720,162
50,401
47, 421
60, 013
January—.
FebruaryMarch
April
May
June.
July.
August
SeptemberOctober.
November
December
Total
Monthly average.-
59, 025
60, 566
38, 254
27,405
50, 667
61, 258
66,115
61, 378
61,158
68, 461
60, 795
60. 521
675,603
56, 300
id represent imports and exports of total chemical
and
Data for imports represent general imports prior to 1933 and imports lor consumption Degmnmg in tnat year. Total imports include in addition to the total sulphite and
total sulphate data shown here and the mechanically ground wood pulp shown on p. 142 of the 1940 Supplement and p. 51 of this issue of the Survey, a small quantity of soda
pulp which may be obtained by subtraction. Total sulphate imports include both bleached and unbleached sulphate pulp. Total sulphite includes all unbleached sulphite
(including easy bleaching, news grade, strong and mitscherlich) and bleached sulphite (including rayon and special chemical grades and other bleached sulphite).
The data on imports and exports here presented together with the data on consumption of domestic pulp, shown beginning January 1934 in the 1940 Supplement and p. 51
of this issue, provide a more comprehensive measure of the total consumption of wood pulp than heretofore shown in the Survey. Comparable data on consumption of domestic pulp are available only beginning January 1934. Annual production data shown in the 1940 Supplement beginning 1913 may be used in conjunction with the foreign trade
statistics in this table to obtain a rough approximation of total consumption prior to 1934.
2
Average for July-December.
Table 38.—PIG IRON PRODUCTION
[Thousands of short tons]
Month
1926
June
July
August
September
October
November
December
......
. --
.
. .
_--_.--
Total
Monthly average..
January
February
March
April
May
June - _
_
:_
_
.
July
August
September
October
November
December
.
...
Total
M o n t h l y average
.
.
._
....
. -
.. ...
. . _ .
:
1916
1917
1918
1919
1920
1931
1922
1923
1924
1925
3,131
2,897
3,095
3,083
3,161
2.944
2,868
2,851
2,807
2,852
2,501
2,222
2,111
2,115
2,630
2.542
2,344
2,148
2,193
2,235
2,108
1,992
1,701
1,698
1,794
1,876
2,311
2,370
2,535
2,667
2,871
3,113
3,195
3,501
3,402
3, 588
3,567
3,458
3,738
3,615
3,764
3, 597
3,611
3,588
3, 587
3.930
3,709
3, 560
3.529
2,963
3,642
3,735
3,827
3,662
3,744
3,638
3, 510
3,699
3,590
3,229
2,701
2,598
3,599
3,683
3,860
3,723
3,832
3,796
3,828
3,905
3,757
3,846
3,699
3,293
3,461
2,776
2,361
2,369
2,720
3,073
2, 787
2,087
2,679
2,949
3,377
3,336
3,781
3,069
3,344
3,409
3,435
3, 525
3.505
3,688
3,287
3,028
2,706
2,170
1.787
L, 336
,368
L, 193
968
1,069
1.104
1,396
1.585
1,847
1,842
1,826
2,280
2.321
2,583
2,644
2,694
2,034
2,278
2,954
3,192
3,457
3,617
3,353
3,947
3,976
4,332
4,118
4,120
3,863
3, 501
3,527
3,242
3,272
3,381
3,444
3,882
3,621
2,929
2,269
1,999
2,114
2,300
2,774
2,811
3,317
3,775
3,600
3,992
3,650
3,283
2,994
2,984
3,029
3,053
3,386
3,386
3,641
3,714
3,274
3,855
3,864
3,899
3,624
3,610
3,585
3,513
3,734
3,625
3,462
25, 816
33, 222
43, 725
42, 768
43,127
34, 253
40, 784
18, 529
30,106
44, 866
34, 841
40, 772
43, 759
? 868
_ _ _ _ . _ _ . .
1915
34,411
.
_.
1914
2,151
2. 769
3,644
3,564
3,594
2.854
3,399
1,544
2,509
3,739
2,903
3,398
3,647
1927
January.
February
March
April
May
1913
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
3,476
3,294
3,901
3,833
3,798
3,460
3 305
3,301
3,108
3,118
2.966
3,019
3,214
3,248
3,584
3,568
3,678
3,452
3,440
3,513
3,430
3,779
3,699
3,774
3,855
3, 591
4,160
4.102
4,366
4,163
4,239
4, 206
3,917
4,019
3,563
3,177
3,167
3,180
3,636
3,564
3,621
3,286
2,956
2,827
2, 550
2,425
2.091
1,866
1,920
1,911
2,276
2,262
2. 233
1,835
1,639
1,434
1,309
1,314
1,236
1,098
1,090
1,080
1,083
955
878
703
641
594
664
722
707
612
637
621
607
698
994
1,417
2,008
2, 053
1,705
1,519
1,215
1,324
1,361
1, 415
1,814
1,934
2,288
2,162
1,372
1,181
1,006
1,065
1,072
1,151
1,655
1.802
L 982
L, 863
1,934
1,739
L, 703
1,973
1.990
2^216
2,314
2,359
2,269
2,043
2,285
2,692
2,966
2,897
2 906
3,037
3,058
3,351
3,301
3,489
3,597
3,359
3, 875
3,799
3,962
3,480
3,919
4,039
3,820
3,240
2,248
1,669
1,601
1, 454
1,627
1,541
1,406
1,189
1 346
1,673
1,882
2,299
2,542
2,476
2,436
2,307
2,682
2,303
1,924
2,373
2 639
2,979
3,224
4,063
4.167
4,221
40, 580
42, 378
47, 360
35,167
20, 468
9,729
14, 798
17, 821
23, 529
34, 293
41, 005
21,036
35, 317
3, 382
3,532
3,947
2, 931
1,706
811
1,233
1,485
1,961
2,858
3,417
1,753
2,943
1940
4,032
3,311
3.270
3,137
3, 514
3,819
4 054
4,238
1
Revised series. Data are compiled by the Iron Age and have been revised from a long tonnage basis to short tons. Data include pig iron and ferro-alloys made in blast
furnaces (except charcoal iron, which represented less than one-half of 1 percent of the total in 1937, according to the Census of Manufactures). Production as reported by the
Iron Age differs somewhat from that reported by the American Iron and Steel Institute, owing primarily to the inclusion by the latter of pig iron and ferro-alloys made
in electric furnaces.
October 1940
SURVEY OF CURRENT BUSINESS
Table 39.—EMPLOYMENT IN MANUFACTURING INDUSTRIES x
[Monthly average 1923-25 = 100]
1923
1924
1925 | 1926
1927
1928 | 1929
1930
1931 1932
1933 1934
1935 1936
1937
1938
1939
1940
Machine tools
Month
Without adjustment for seasonal variations
January
February
March
April
May
June
July
August
Se ptember
October
November
December
Monthly average
102.5
107.2
112.2
116.4
118.1
117.1
114.0
87.8
108.2
107.7
103.0
103.0
108.1
99 7
101 5
102. 0
99. 7
96. 2
93. 6
87.0
75. 9
85. 5
85.6
87. 1
89. 6
92.0
92.6
94.1
94.0
94.5
95.5
97.3
99.0
93.0
103.3
107.9
112.2
115.9
99.9
117.9
118.6
120.6
120.2
118.9
118.6
118.6
108.7
120.4
122.2
123. 2
123.1
119.3
122.1
121.4
120.2
118.4
115. 7
114.7
111.7
100.8
112.2
112.2
110.7
110.9
114.3
110.9
114.2
116.7
120.2
123.6
126.1
128.1
121.4
136.0
140.5
145.8
151.0
127.9
153 8
159 2
165 4
166.4
167. 4
170. 2
171. 6
169. 2
174. 2
175. 6
171. 1
162. 0
167. 2
155 2
150.8
147 7
142.1
137. 6
133. 3
121. 7
104. 5
112. 4
108. 2
101. 5
97. 5
126. 0
92.1
89.8
89.2
86.0
82.8
78.1
72.4
63.4
65.3
63.0
57.4
57.1
74.7
54.6
54.2
51.4
46.9
41.4
40.3
36.3
34.0
36.1
35.5
36.6
37.8
42.1
38.1
37. 4
33. 4
33. 1
34. 2
38.2
40. 7
47. 3
53. 7
57. 7
61. 7
63.1
44. 9
63 4
73 0
76.8
76 9
78.3
77 8
76 1
73. 4
77. 4
77. 2
78 6
81. 1
75. 8
82 4
86 5
89 5
92. 1
93. 6
96. 0
100. 4
103. 8
108. 8
111. 4
113.5
115.4
99.5
116. 7
118.4
120.0
122.0
124.4
127.2
130.1
126.1
137.0
139.5
141.7
145.3
129.0
150.2
154.2
159.4
163.8
167.3
170.7
171.1
173.1
176.5
176.6
172.8
166.6
166.9
156.6
150.4
143.6
137.3
130.9
122.4
116.9
113.2
120.7
122.4
124.3
126.7
130.5
128.0
132.2
135.7
138.7
141.2
144.8
147.4
140.3
156.2
170.6
183.9
192.2
150. 9
82
86
89
92
93
96
101
108
108
111
113
115
117
118
119
121
124
127
131
131
136
139
141
145
150
153
158
163
166
170
173
180
176
176
172
166
157
150
142
137
130
122
118
118
120
122
124
126
128
132
134
138
140
144
149
146
155
170
183
191
74.6
79.6
81.7
81.8
83.9
73.7
79.0
80.1
83.9
88.0
90.9
91.8
82.4
93.2
91.3
101.2
111.5
111. 0
107.3
108. 5
109.3
112. 6
113.1
107.7
99.8
105.5
105.0
109.6
118.7
121.4
119.3
116.2
109.5
111.8
115.9
116.7
115.7
114.6
108.4
104.1
103.4
99.0
101.8
101.6
99.1
92.2
93.0
95.3
99.9
103.9
137.
142.
150.
152.
158.
162.
170.
180.
114.5
100.1
104.5
110.3
112.4
116.2
122.0
125.7
124.4
121.5
129.0
133.6
132.9
139.4
122.7
76
81
80
79
81
74
81
82
83
87
91
91
95
93
100
108
108
108
112
112
112
112
108
99
107
112
117
117
116
117
113
115
115
116
116
114
110
106
102
96
99
103
102
95
93
94
100
103
106
113
111
112
118
127
128
125
128
132
133
139
14
14
U
14
It
ie
17
18
196
204 S
211 C
216 3
221. 1
229.1
235. 2
237. 7
With adjustment for seasonal variations
January...
February.
March
April
May
June
July
August_._
September
October. _.
November.
December.
99
100
100
98
95
93
87
83
85
85
87
89
101
106
111
115
117
116
114
96
108
107
102
102
92
93
93
93
95
96
99
102
103
107
112
115
117
117
119
118
118
117
119
119
120
122
123
122
121
120
118
117
115
114
112
110
112
112
110
110
111
113
115
118
122
125
128
132
135
140
145
150
154
158
163
165
166
169
172
183
173
175
170
161
55
54
51
47
41
40
36
36
36
35
36
38
92
89
88
85
82
77
72
68
65
63
57
57
155
149
146
141
136
132
122
113
112
108
101
97
63
72
76
77
78
77
77
77
77
77
78
81
19:
20<
201
21J
221
22i
23J
24
Shipbuilding
Without adjustment for seasonal variations
January
February
March
April
May
June
July
August
September
October
November
December
Monthly average
104.6
108.1
106.1
103.3
92.5
91.8
89.6
82.7
81.7
84.0
85.2
88.6
115.0
114.9
123.0
122.9
119.0
119.8
115.7
110.1
106.7
108.5
110.3
107. 5
94.6
97.4
99.3
100.9
97.2
92.6
93.2
89.8
85.9
83.0
84.7
89.1
93.292.3
114.5
94.3
97.8
98.4
95.8
95.5
94.9
94.6
93.5
95.0
96.0
102.4
110.1
97.4
111.1
115.4
115.8
113.1
108.5
104.7
98.0
93.5
90.2
88.7
87.5
88.7
101.3
85.8
81.2
78.6
79.9
79.4
78.6
77.1
75.2
75.4
76.7
79.4
86.6
90.4
90.7
97.2
103.5
104.4
103. 3
103.3
101.0
101.7
101.9
106.6
111.1
116.0
115.4
113.6
115.1
111.0
109.8
105.0
105. 5
104.6
101.4
94.8
95.0
93.3
89.5
86.3
88.5
85.9
85.2
81.7
75.6
76.8
75.6
78.5
78.7
75.6
75.6
74.6
76.6
73.2
70.8
64.3
60.5
58.4
57.4
56.7
56.8
79.5
101.3
107.3
83.0
66.7
55.2
52.1
49.2
45.5
48.6
49.2
53.6
58.9
65.8
67.9
65.6
69.7
56.8
67.2
69.1
72.7
75.1
76.9
80.8
74.0
76.2
76.4
76.9
74.9
74.7
74.6
With adjustment for seasonal variations
January
February._
March
April
May
June
July
August
September.
October
November.
December. _
93
94
95
97
95
92
94
94
91
87
87
90
103
104
101
99
90
91
90
86
86
88
87
89
113
111
117
118
116
119
116
115
113
114
113
109
109
113
111
109
106
104
99
97
94
93
90
88
94
94
92
93
94
96
97
101
101
105
110
85
80
77
77
77
78
78
78
78
79
81
86
90
90
96
100
102
102
104
104
104
105
109
109
76
76
75
75
72
70
65
62
58
57
57
56
93
90
87
86
85
84
83
78
77
76
80
78
115
115
114
111
109
109
106
108
106
103
97
94
55
53
49
44
48
49
54
60
65
67
66
69
68
71
72
73
75
81
76
78
76
76
75
74
Aircraft
1931
1932
1933
1936
1935
1934
1937
1938
1940
1939
1931 1932 1933 1934 1935 1936 1937 1938
1939
1941
Month
With adjustment for seasonal variations
Without adjustment for seasonal variations
January
. . 406.8
387.3
February . _ ._ . . _
_
393.6
March
April
379.9
392.6
May
.
412.1
June
355 7
July
August
..
_- . 307.3
315 4
September
289.7
October
November
295.1
301.4
December
353.1
Monthly average
i New series.
291.1
285. 3
291.3
270.3
261.5
245.7
223.8
210.2
197 1
203.0
223.7
227.9
244.2
220.2
222.5
234.6
246.6
295.1
303.3
304.0
292.8
289.7
302.3
321.4
322.1
279.6
323.1
348.8
395. 6
412.5
399.3
441.7
414.5
369.9
328.3
291.0
279.7
297.9
358.5
341.1
341.1
352.2
375.1
381.6
404.7
420.0
437.8
442 4
459.8
466.1
464.9
407.2
476.5
510.5
555.0
587. 8
631.4
646.6
678.6
671.3
660.1
668.4
699.0
747.0
627.7
788.7
825.8
860.6
883.0
889.1
898.3
852.8
879.4
835.3
862.2
877.0
850.7
858.6
846.7
858.9
864.2
855.9
834.7
815.3
807.5
776.1
774.2
798.9
828.5
859.2
826.7
891.1
956.7
977.8
1, 096. 4
1, 203. 7
1, 304. 8
1, 398.9
1,413.5
1, 466.4
1, 556. 4
1, 749. 5
1, 886. 0
1, 325.1
2. 029. 7
2, 041. 5
2, 096. 2
2,166. 0
2, 328. 2
2, 518. 7
2. 703. 3
2, 872. 2
411
391
390
372
378
396
352
307
325
305
?m
304
294
288
288
265
251
m
222
210
203
214
226
230
222
225
232
242
284
292
301
293
299
318
325
325
326
352
392
404
388
425
410
370
338
303
383
301
345
345
349
368
370
393
416
438
456
474
471
470
481
516
550
576
613
628
672
671
681
689
706
755
797
834
852
866
863
872
844
879
861
889
886
859
855
868
856
839
810
792
800
776
798
824
837
868
900
966
968
1,075
1,169
1,267
1,385
1,414
1,512
1,605
1,767
1,905
2,0,
2,0i
2 01
2, V
2,21
2 49,fV
2,s;
Indexes without adjustment for seasonal variations are compiled b y the 17. S. Department of Labor, Bureau of Labor Statistics; the employment indexes ha-
~
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- --r-iL.
n - j — i r>—„,„
ci».n**^r.
TVI/\O#\ ermine
ar\r\i+inrmi
fr» tbnQp ViPTP.t.nffirA rmTYMshed i n t h e S u r v e v . h a v e bei
16
SURVEY OF CURRENT BUSINESS
October 19<
Table 40.—PAY ROLLS IN MANUFACTURING INDUSTRIES *
[Monthly average 1923-25=100]
Without adjustment for seasonal variations
1923
Month
1924
1925
1926
192?
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
Machine tools
98.5
103.0
10S. 0
112 0
113.5
115.8
108.8
87.4
105.6
10*. 3
101. 1
104.0
Monthly average.
£9.7
102.5
103.1
101.4
97.7
93 7
81.3
70.7
80.0
82.5
84.9
91.5
93.8
96.6
95.9
96.8
98.9
101.0
102. 8
97.6
102.0
114.8
119.7
126.3
125. 5 125.7
126.3 125. 3
127. ^ 124.8
127.4 120 1
124.4 119.3
124.2 117.6
121.4 109.9
112.9 102.1
123 3 113.1
129. 1 112.9
130.0 111.4
131.3 113.9
112.4
120.3
126. 1
130.6
134.5
13S. 1
135. J
132.3
148.8
158.9
105. 3
175.0
170.9
182.7
188.7
191.6
191 0
192.9
18H.6
1«5. 7
101. 2
108 1
187.2
179.7
161. 9
157.0
155.3
146.3
139.6
133.2
113.3
93.6
100.2
95.9
84.4
82.2
74.3
75.1
75.8
72.6
70.0
64.5
62.2
55.2
49.1
49.5
44.4
45.1
42.2
41.9
36.9
32.7
27.5
25.5
22.6
21.6
22 6
22.0
23.6
24.2
25.2
24.2
19. 5
19.4
20. 5
26.2
28.4
32.8
38 4
42.2
46.0
48.0
47.8
58.5
62.3
62.6
64.9
63.0
59.7
58.2
60.6
60.3
63. 1
67.7
69.9
75 5
79.3
80.9
83.6
85.8
90.8
96.4
102.1
107.4
108.7
115.8
114.8
117.5
119.4
120.1
125. 9
129. 5
128.9
129 2
133.3
146.7
149.5
162.8
165. 2
172.0
184. 1
194.9
198.1
202.0
196.3
197. 5
204.0
209.6
195. 3
185.2
163.5
149.6
139.6
126.0
120.3
107.0
101.8
105. 3
116.5
119. 5
119.8
129.7
129.7
141.8
146.0
152.2
161 4
165.6
165.7
160.9
181.8
207.6
237.8
256.2
105.3
January
February
March
April
May
June
July
August
September
October
November
December
90.8
103.9
125.3
139.8
187.6
121.9
61.5
28.6
30.9
60.7
91.4
131.5
192.0
124.9
175.6
116.3
258
270
281
287
289
302
308
302
Shipbuilding
104 8
104.4
118 0
121.4
129.4
127.6
113.7
99.8
109. 0
1H6 4
116.1
103. 5
January
February...
March
April
May
June
July
August
September.
Oct ober . November.
December-Monthly average
112.8
103 4 94.3
111 0
99.0
106. 9 101.1
107.7
99.5
103. 5 101.0
90 1 90 0
91 5
87.5
85.7
90 8
84. 1 84.6
79.2
87.0
87 0
82.8
89 2
90.1
94.9
95 4
96.2
99.2
100.8
98.4
98.9
97.4
98.6
96.7
105.4
105.5
118.6
117.0
118.6
123. I
125.2
116.5
109.2
105.7
96.8
92.9
97.1
93.6
103.6
95 2
84.9
83.6
88.5
83.5
85.7
82.0
78.2
80.6
81.3
81.8
95.2
95 3
97.8
104.6
lll.fi
113.8
115.0
111.5
105. 9
112. 1
111.3
115.5
122.3
121.7
124.8
124.4
124.8
123.6
116. 5
110. I
111.0
107 0
100 7
98.7
98.6
90.9
87.8
83.1
85.1
86.2
78.6
72.2
69 2
64.6
68.7
66.3
69.0
66.2
64.8
61.7
67.2
58.7
55.8
54.0
45.0
44 4
45.2
41.7
44.8
40 3
38.5
35 4
33.2
35.7
35.9
39.6
43.4
49.3
50.9
50.2
52.8
51 8
52.6
56.1
57.4
64. 1
64.4
59.9
60.5
61.1
60.6
58. 1
59.7
60.3
64.2
68.1
66.3
70.6
59.8
63.9
66.2
70.4
75.6
77.7
82.8
83 4
81.5
92.0
103.6
104.1
99.6
100.6
99.7
101.4
105.3
99 6
93.2
99 5
100.8
118.7
125.6
122.4
118.2
110.2
117 1
117.4
122.4
119.9
125.1
113.0
108.2
108. 1
104.8
105.6
107.7
102.8
92.6
95.0
97.8
96.9
110.4
109.8
116. I
118.8
120.7
131 3
136.2
131.5
12*. 3
134.8
143.6
141.0
152.0
100.9
108.3
85.0
109.7
113.5
76.8
54.1
42.1
58.9
68.8
97.0
116.4
103.6
130 3
92.3
148.
149
169.
169.
180.
185.
193.
209.
Aircraft
Month
1931
1933
1934
1935
1936
1937
1938
383 6
378.6
420 8
388. 1
401 7
428.3
353.5
January
February
March
April
May
June
July
1932
284.6
275 8
282.2
260.9
244.2
237.5
209. 1
198.7
204.2
213.9
222.7
254. 2
254.6
243.1
254.4
276.0
313.3
317. 5
311.1
346.9
328.9
271.1
287.5
303.3
318.8
321.1
338.3
341.5
402.0
419.4
458.4
480.8
535.8
556.8
541.3
658.7
713.7
767 5
801.4
807.5
818.3
741.3
755.9
784.1
785 1
773. P
771.1
749.2
730.9
Month
1939
1940
899.9
952.9
980.4
1. C>4.4
1,155.0
I, 299. 2
1,337.9
1,900.6
1.881.2
2,010.8
2. 062. 7
2.212.0
2,514.0
2,635.4
1931
August
September...
October
November. _.
December
Monthly
average...
1932
1933
1934
1935
1936
1937
1938
303.9
306.2
286.0
308.0
298.7
209.9
188.2
195.1
208.5
215.9
247.0
224.9
245.3
267.6
258.7
301.4
257.1
236.6
222.1
241.8
373.6
370.9
390.3
382.8
396.5
523.8
530.6
568.3
595.9
671.6
792.1
707.9
791.6
799.4
773.9
709.4
726.0
773.9
792.0
871.9
1939
194C
1,380.9 2,972.
1.361.6
1, 512.1
1,718.0
1, 777.9
354.8 234.3 236.2 283.9 341.3 523.8 764.4 768.6 1,285.9
i See footnote to table 39, p. 15.
Table 41.—CONSUMPTION OF RAYON FILAMENT YARN»
[Millions of poundsj
Month
January
Februarv
March
April
May
June
July
August
September
October
November
December
Total
.-
1923
2.9
?. 8
---.-
M"onthlv average
1925
3.0
2.8
2.9
3.0
4.8
5.5
5.2
4.4
4.6
4.7
1926
4.2
5.6
5.2
4.5
5.1
5.3
5.4
4.5
3.7
2.7
4.7
5.5
5.8
64
6.0
6.0
32.7
42.3
58.5
2.7
3.5
4.9
3.3
2.P
2.9
2.4
2.3
2.0
2.5
3.1
-
1924
2.6
3 1
2^
2.8
2.S
3.3
1.3
4.8
48
4.8
4.8
5.2
1927
73
3.3
10.1
9.5
8.7
7.8
70
1928
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1941
7.8
8.2
8.7
8.3
7.1
6.9
6.7
8.2
8.9
10.2
11.0
11.1
10.9
11 1
10.5
10.5
17.4
17 1
15.4
12.7
13.7
14.0
15.1
15.4
13.4
20.0
187
21.8
25.6
17.8
12.4
13.1
19.1
189
18.2
20.4
18.6
16.7
17.4
16.3
12.7
10.3
16.8
23.6
22.2
21.5
21.0
19.5
18.6
15.7
14.4
22.4
27.6
26.9
24.4
21.1
23.7
23.1
22.8
20.6
21.0
20.2
24.6
29.2
30. 7
26.3
26.4
25.0
27.9
26.1
25.2
27.5
27.2
27.2
27.3
26.5
26.8
20.7
14.1
9.4
9.1
13.7
16.8
18.3
16.3
16.2
18. 1
31 9
30.7
33.1
25.1
21.7
?6 2
27.1
25.7
26.6
24.0
26.3
33.0
32.9
32.5
34.3
34.8
33.3
32.0
31
29.
29.
31
32.
31
32.
35.
9.7
11.1
10.9
10.6
9.2
9.9
12.6
11.3
8.0
8.7
11.4
14.3
14.4
17.0
14.8
13.0
13.6
14.3
13.7
11.6
10.0
9.6
9.4
9.8
9.1
7.5
8.9
7.7
63
6.2
8.9
11.3
9.8
S4
61.1
86
7.7
100.5
11.7
13.1
lc.2
11.1
9.0
100.3
131.7
US. 3
157.7
152.5
212.6
J95.6
253.0
297.8
267.1
274.1
362 5
5.1
8.4
8.4
11.0
9.9
13.1
12.7
17.7
16.3
21.1
24.8
22.3
22.8
30.2
8.0
8.3
9.1
i New serirs. Compiled by the Textile Economic* Bureau and represents total shipments of rayon filament yarn fn''tr«>cellulose through 1934 (process discontinued), viscosi
acetate, and since 1936. cuprammoniuml to domestic consumers by American rayor producers, plus imports for consumption of rayon yarn. Acetate data are partially est
mated ConsumptJ »n of rayon staple fiber, rayon waste, and minor rayon products are not included. The shipments series is based on reports received from approximatel
90 percent of the industry. Data have been raised to c;mUete industry totals for the entire period.
This series replaces the index of rayon deliveries formerly shown which was based on these data The index of rayon deliveries compiled by the Board of Governors •
the Federal Reserve System, shown on p. 20 of this issue is based not only on these data but also on estimated production plus imports for consumption of rayon staple fibe
17
SURVEY OF CURRENT BUSINESS
October 1940
Table 42.—INCOME PAYMENTS »
Indexes, adjusted!
Amount (millions of dollars)
(1929 = 100)
Salaries and wages 2
Year and m o n t h
1929
January
February
March
April
May
June
July
August
September
October
November
December
Monthly average
Total
Total
Total
ComDisincome Salaries nonmodity
agri- income
and
paypaywages cultural ments Total produc- tributive
ments
ing
income 3
6
indus- industries « tries
99.5
99 2
98 9
99 0
99 0
99 3
100.3
102 2
101.4
102.0
99.6
99.5
100.0
99.5
99 2
99.3
99 2
99 3
99 5
100 5
101 8
101.4
101.5
99 7
99.1
100.0
98.6
98.8
99. 1
99 1
99.3
99 5
100,5
101 8
101 6
101. 7
100 4
99.8
100.0
6,937
6,342
6. 553
6, 759
6.681
6,891
7,180
6,739
6,988
7,400
6,810
6,784
6,839
4,146
4,176
4,276
4.341
4,426
4,453
4, 355
4, 396
4,494
4,561
4,371
4,304
4,358
1.641
L. 694
1,748
1,801
1,861
I, S85
1,868
,910
1,917
,924
1,784
L 684
1,810
1,117
1.093
1, 129
1,140
1.162
1.165
I, 178
1,179
1,184
98.2
97.0
94.9
94.4
93.3
91.7
90.0
88.6
88.0
86.4
84.8
83.9
90.8
97 5
96.1
94 6
93.7
92.6
91.4
90.1
88 7
88.2
86 7
85.0
83.9
90.7
98.7
97.4
96.3
95.4
94.3
93.0
92.0
90.5
89.8
88.5
87.0
86. 1
92.4
6,999
6,211
6,296
6.416
6,309
6,418
6,408
5,828
5,975
6.178
5,766
5,720
6,210
4,087
4,060
4,082
4,099
4,124
4, 102
3,888
3,811
3.886
3,893
3,784
3,660
3,952
1,567
1, 583
1,588
1.612
1,632
1,627
1,560
1, 530
1,527
1, 505
1,395
1,308
1,536
1,116
82.7
81.9
85.4
85.1
80.0
77.8
76.6
74.7
72.9
71.7
70.8
69.8
77.3
82.6
81.9
81.0
79.8
78.3
77.1
76.3
74 8
73. 1
71. 5
70.3
69.0
76.2
84.9
84.3
88.3
88.1
82.7
80.7
79.7
78 1
76.5
75.1
73.8
72.9
80.4
5,873
5,271
5,673
5,813
5,389
5,431
5,436
4,897
4,935
5,133
4,819
4,782
5,288
3,480
3,472
3, 506
3,494
3,486
3,443
3,272
3,190
3,211
3,202
3.090
3,019
3,322
1,211
1,229
1, 245
1. 255
1, 258
1,233
1,200
1,174
1,135
1,108
1,033
977
1,172
68.3
66.8
64.9
62.7
61.0
58.8
57.3
57.0
56.8
56.7
56.1
55.6
60.1
67.6
66.0
64.2
61.9
60.1
58 1
56.3
55.8
56.0
56.2
55.5
54.7
59.3
71.3
69.6
68.0
65.7
63.9
61.9
60.4
59.9
59.6
59.6
58.7
58.2
63.0
4,865
4,297
4,295
4,307
4,132
4, 162
4,070
3,693
3,828
4,048
3,804
3,818
4,110
2,868
2,818
2,792
2,716
2,677
2, 591
2,392
2,356
2,457
2,517
2,443
2,403
2,586
892
887
866
832
809
111
749
746
767
784
740
700
796
55.6
54.6
53.1
53.0
54.4
56.1
56.6
58.1
60.0
60.3
60.6
62.4
57.1
54.4
53.4
51.2
51.0
51.9
53.6
55.0
57.6
58.7
59.2
59.7
62.8
55.7
57.8
56.8
55.2
54.7
55.3
56.8
57.3
59.4
60.3
60.8
61.6
64.0
58.3
4,044
3, 535
3,513
3,611
3,656
3,885
4,016
3,759
4,036
4,385
4,096
4,294
3,903
2,319
2,285
2, 230
2,240
2,310
2,386
2,336
2,434
2,565
2, 645
2,623
2,751
2,427
64.2
64.3
64.6
63.5
64.8
64.7
64 4
64.9
63.5
64.4
64.9
65.5
64.5
65.0
65 3
66.0
65.4
66.7
66.5
66.6
67.0
65 8
66.8
67.4
68.1
66.4
4, 685
4,199
4,274
4,382
4,244
4,471
4,627
4,361
4,585
4,963
4, 475
4,740
4,501
2,752
2,760
2,816
2,781
2,844
2,849
2, 735
2,750
2,781
2,886
2,866
2,890
2,809
205
1,166
1,184
1,159
Direct
and
Service Gov- Work- other
relief relief
indus- erntries 6 ment wages
EntrepreSocialsecurity Divi- neurial Total
benefits dends income nonand
and and net agrirents cultural
other
inand income 3
labor 7 terest
royalincome
ties
1,347
970
970
978
978
978
977
981
984
986
995
986
997
418
419
421
422
425
426
328
323
407
437
435
439
5
5
5
5
5
4
5
5
5
5
5
6
77
76
77
77
78
78
78
78
78
80
79
79
982
408
5
78
1,021
988
795
898
1,038
857
1,007
1,306
738
856
1,084
904
1,362
,290
t,297
,298
1,315
,349
1,436
1,522
,555
,670
,451
,374
1,410
6,320
5,807
6,000
6, 189
6,076
6,236
6,443
5,939
6,156
6,432
6,078
6,141
6,151
,289
1,214
,188
1,194
t,208
,192
1,184
6,456
5,730
5,823
5,915
5,767
5,872
5,857
5,277
5,377
5, 568
5,253
5,293
5,682
1930
January
February
March
April
May
.. _
June
July
August
September
October
November
December
Monthly average ..
1931
January
February _ __
March . _
April
May. _ .
June
July
August
September
October. .
November
December.
Monthly average
1932
January.. . . .
February
March
April
May
June
July
August
September
October
November
December .
Monthly average
1933
January ._ .
February
March
April
May
June
July
August .
..
September
October
November
_.
December
Monthly average
1934
64.4
January
64.5
February
64.8
March. _ . . . . .
64.0
April
May
65.5
65.6
June
-. ...
65.8
July
67.0
August
66.1
September
67.3
October
67.2
November
._ _ _
67.4
December
65.8
Monthly average
For footnotes, see p. 18.
263113—40
3
973
431
7
80
1, 536
964
959
952
947
937
917
902
898
893
882
431
433
435
438
440
337
330
416
445
443
7
8
8
7
6
7
7
7
9
9
79
81
81
81
75
87
83
83
85
86
851
937
881
925
444
419
12
8
88
82
898
976
,227
,223
[, 134
,062
1,192
970
948
969
956
859
853
849
839
438
439
439
440
2
3
4
4
14
14
14
13
88
92
395
442
1,283
733
793
909
1,008
960
965
955
954
945
929
903
892
886
860
827
818
799
780
774
769
760
441
441
337
329
405
434
431
12
11
11
12
12
13
14
955
939
945
905
433
417
8
5
18
13
182
124
121
110
107
110
106
754
914
743
806
6
6
7
4
4
5
6
114
166
801
856
830
931
5,507
4,952
5,332
5,471
5,030
5,073
5,062
4, 564
4, 597
4, 755
4,476
4,505
4,944
800
764
768
746
740
709
680
665
670
682
665
667
713
737
724
711
693
683
660
635
622
622
626
618
612
662
428
431
433
435
435
436
319
313
388
414
408
410
404
11
12
14
10
10
9
9
10
10
11
12
14
11
17
21
25
24
25
26
23
26
27
30
37
45
27
110
103
102
102
101
97
115
119
103
100
98
98
104
1,084
602
646
765
643
790
888
531
555
706
553
630
699
786
753
730
700
686
658
652
661
686
695
673
642
694
4,620
4,076
4,080
4,095
3,907
3,947
3,844
3,462
3,567
3,771
3,547
3,602
3,877
662
672
643
662
706
758
796
851
887
899
859
839
770
633
605
596
602
617
628
638
665
682
707
690
699
647
602
589
570
569
572
579
580
597
609
623
625
629
595
401
395
391
378
380
378
277
273
342
371
370
372
361
21
24
30
29
35
43
45
48
45
45
79
212
55
48
50
57
52
49
47
42
42
41
44
55
55
49
98
96
97
95
93
109
77
77
77
75
74
74
87
938
501
527
613
532
625
798
452
483
723
516
643
613
641
603
602
611
672
718
763
754
870
898
830
771
728
3,839
3,357
3,319
3.395
3,373
3,556
3,643
3,414
3,578
3,897
3,691
3,970
3,586
830
893
944
977
1,003
1,001
96fi
977
947
986
963
972
955
676
673
700
706
718
720
720
714
720
735
723
741
712
632
637
643
649
657
658
653
651
648
665
666
668
652
367
375
377
378
387
393
311
310
376
405
247
182
152
71
79
77
85
98
90
95
107
104
116
56
58
69
69
68
64
62
68
67
76
81
90
69
74
72
75
76
85
82
82
82
82
84
84
83
80
1,003
547
547
705
451
639
857
494
629
825
463
777
661
800
762
767
751
796
837
4,338
3,895
3,972
4,084
3,904
4,084
4 189
3, 862
4,020
4, 332
3,970
4,333
4,082
[,102
L, 100
,107
,098
,074
,049
,045
L, 050
.013
.024
1,072
858
923
407
405
374
1
3
1,034
889
1,043
1,242
742
772
968
803
1,087
680
706
886
724
8fl9
922
885
SQ1
967
1 026
1 092
981
900
881
18
SURVEY OF CURRENT BUSINESS
October 1940
l
Table 42.—INCOME PAYMENTS —Continued
Indexes, adjusted f
(1929 = 100)
Amount (millions of dollars)
Salaries and wages 2
Year and month
Total
Total
Total
non- income
income Salaries
agriand
paypaywages cultural3 ments
ments
income
Com-
Total
modity
producing
industries *
LFIS—
tributive
industries 5
Service
industries 6
EntreSocialpresecurity Divi- neurial Total
Fliropf
uireci benefits dends income nonand
and
and and net agriGov- Work- other other
inrents cultural
ern- relk'f relief
labor 7 terest
and
income 3
ment wages
income
royalties
1935
69.6
69.6
70.5
70.6
70.3
69.9
71.9
72.8
74.1
75.0
76.1
71.7
67.5
68.2
6S.3
68.7
69.0
69.1
69.1
70.3
71.0
71.7
72.9
75.0
70.1
69.7
70.0
70.1
70.5
70.8
70.8
70.9
71.9
72.6
73.4
74.2
75.6
71.7
4,824
4. 495
4,676
4.929
4, H15
4, 821
4.774
4,705
5, 127
5, 4.59
5,014
5,370
4,901
2,889
2.928
2,977
3.013
3.031
3,044
2,936
2.981
3,117
3,221
3,208
3,304
3,054
75.9
76.3
77.7
78.8
79.8
92.4
87.4
83.2
83.3
84.2
85.3
87.3
82.7
75.5
75.8
76.5
77.0
78.1
78.6
79.3
80.1
80.4
81.5
83.0
84.9
79.3
76.3
77.0
78.0
78.7
79.7
93.6
88.1
83.4
83.4
84.2
85.3
86.9
82.9
5,226
4,902
5,188
5.335
5,140
6.306
5.965
5,270
5,842
6,092
5,625
6. 955
5,654
86.3
87.4
89.4
89.0
88.9
89.3
89.2
89.0
87.3
86.6
84.9
83.7
87.5
84.0
85.4
86.6
87.6
88.5
88.5
88.5
89 2
87.5
86.8
84.6
82.8
86.6
86.0
87.1
88.1
88.9
89.3
89.6
89.5
89.5
87.8
87.1
85.3
83.9
87.5
January
February
March
..
April
May
June
July
August
September
__.
October
November..
December
Monthly average..._
82.3
81.5
81.2
80.1
79.1
78.7
78.7
79.8
80.4
81.7
82.1
83.1
80.7
80.3
79.9
79.2
78.8
78.4
78.0
78.6
80.5
81.3
82.0
83.1
84.5
80.3
1939
January
February. _
March
April..
May
June
July
August.—
September
October..
November
December
Monthly average-
83.4
83.7
84.6
83.1
83.8
84.1
83.6
85.2
86.1
88.0
88.5
90.0
85.4
84.3
84.1
83.9
82.4
83.1
84.3
83.8
84.8
85.0
86.9
87.7
88.9
84.9
January
February...
March
April
May
June
July
August
September.
October
November December..
Monthly average
763
674
680
685
689
691
695
694
693
702
713
718
727
697
402
403
407
415
418
423
333
335
416
451
450
456
409
1,097
1,111
1,152
1,186
1,232
1,254
1,255
1,293
1,307
1,361
1,362
1,383
1,249
781
783
804
812
823
829
834
835
850
871
867
897
832
728
736
739
745
751
759
759
761
769
785
792
807
761
447
444
447
452
457
461
369
362
447
480
477
486
444
176
180
185
175
167
159
154
156
158
168
172
160
3,578
3,647
3,764
3,822
3,884
3,900
3,772
3,800
3,849
3,904
3,737
3,640
3,775
1,309
1,365
1,430
1, 483
1,520
1.527
1,518
1,549
1,518
1,521
1,384
1,259
794
808
819
823
829
836
836
839
841
846
842
840
829
477
473
476
476
479
483
383
375
457
488
488
503
463
150
151
149
146
144
135
117
108
104
107
111
114
1,449
848
850
890
894
912
919
918
929
929
942
912
924
906
5,602
5.104
5,348
5,478
5,168
5, 543
5,475
5,183
5,674
5,952
5,554
6,161
5,520
3,420
3,407
3,440
3,446
3,444
3,443
3,340
3,418
3,570
3, 684
3,677
3,719
3,501
1,145
1,157
1,160
1,151
1,156
1,150
1,155
1,211
1,255
1,293
1,276
1,268
1,198
854
834
847
849
843
837
834
839
851
870
866
900
852
816
800
794
791
780
778
772
111
787
799
810
824
794
487
489
496
500
504
510
404
403
489
524
526
533
489
118
127
143
155
5,720
5,298
5,771
5,674
5,449
5,956
5,736
5,439
6,025
6,259
5,865
6,904
5,841
3,585
3,589
3,644
3,611
3,655
3,723
3,565
3,604
3,738
3,911
3,879
3,908
3,701
1,222
1.245
1,266
1,245
1,272
1,321
1,311
1,359
1,398
1,472
1,449
1,420
1,332
852
839
S63
861
871
882
877
880
898
928
915
945
884
810
809
808
810
816
826
817
816
827
846
850
862
825
518
518
524
522
528
536
419
417
504
541
537
547
509
183
178
183
173
168
158
141
132
111
124
128
134
151
973
1. 044
1.054
1,053
1,064
1,046
1,093
1,132
1. 164
1,136
1,143
723
718
739
753
7R0
762
762
763
781
795
784
814
1,077
3,229
3, 254
3,327
3.370
3,430
3, 462
3,371
3,407
3, 531
3,665
3.670
3.733
3.454
5,810
5, 417
5,944
6,015
5,699
6,274
6,133
5,863
6,127
6,291
5,657
6,553
5,982
81.9
81.6
81.4
80.5
80.0
79.7
79.8
81.5
81.9
82.4
83.3
84.4
81.5
83.4
84.6
85.0
83.8
84.5
85.8
85.5
86.9
86.9
88.5
89.3
90.4
86.4
1,021
117
106
102
102
109
100
101
97
86
98
120
164
109
98
94
102
1C2
97
89
88
91
89
94
84
71
92
83
84
85
86
86
87
87
86
90
89
89
88
87
879
520
623
810
476
674
717
501
706
832
482
835
671
875
869
889
918
925
927
946
1,046
1,125
1.223
1,151
1,072
997
4,455
4, 137
4,294
4, 514
4,184
4,381
4,318
4,159
4.509
4,745
4,381
4,837
4,410
62
62
61
56
51
50
49
50
53
55
58
65
56
88
88
88
87
87
887
500
164
135
122
112
114
206
876
568
733
812
523
799
875
472
852
895
507
1,809
810
971
930
979
1,010
1,049
1,108
1,170
1,177
1,271
1,355
1,278
1, 234
1,128
4,813
4, 532
4,772
4,884
4.646
5,763
5,357
4,665
5,148
5,320
4,946
6,349
5,163
71
72
75
71
66
63
63
65
67
68
73
83
70
104
100
101
98
95
106
103
101
102
102
101
103
101
901
488
788
866
504
1,015
932
622
785
852
480
1,561
816
1,156
1,110
1,216
1,158
1,150
1,190
1,263
1, 275
1,324
1, 365
1,266
1,166
1,220
5,281
4,938
5,363
5,488
5,174
5,703
5,487
5,216
5,422
5,535
5,000
6,002
5,384
89
90
91
85
81
80
80
80
80
80
83
89
84
103
120
146
139
140
146
143
152
145
139
131
129
136
878
456
600
760
458
814
814
434
712
760
473
1,099
688
1,112
1,031
1,071
1,048
1,045
1,060
1,098
1,099
1,167
1,289
1,190
1,125
1,111
5,106
4,683
4,888
5,029
4,710
5,069
4,956
4,683
5,109
5,267
4,987
5,679
5,014
92
132
137
153
137
143
149
141
150
140
133
134
137
141
810
425
762
750
462
915
839
443
799
775
486
1,517
749
1,101
1,053
1,117
1,086
1,102
1,084
1,106
1,155
1,261
1,352
1,278
1,253
1,162
5,269
4,888
5,295
5,214
4,962
5,485
5,239
4,908
5,386
5,541
5,239
6,321
5,312
1936
January
February
March
April
May
June
July
August
September
October
November
—
December
Monthly average..
168
1937
January
February
March
April—.
May
June
July
August
September
October.
November
December
Monthly average..
128
1938
lfil
168
175
188
188
198
199
194
168
94
95
90
87
85
85
87
87
88
88
89
89
tAdjusted for seasonal variations.
* Revised series. The revisions were occasioned principally by the adjustment of the monthly data to this Bureau's annual estimate of national income for 1939 and the
revised estimates for earlier years. The content of the series is indicated briefly below, but for a full discussion the reader is referred to a bulletin entitled "Monthly Income
Payments in the United States, 1929-40," recently published by this Department. See p. 19 for 1940 data.
2 Includes income in kind as well as cash income.
3 Excludes net income of farm operators, wages of agricultural labor, and interest and net rents on agricultural property.
4
Includes Agriculture, Mining, Manufacturing, and Contract Construction.
8
Includes Trade, Transportation, Electric Light and Power, and Manufactured Gas.
^Includes Finance, Service, Communication, and Miscellaneous industries.
7
In addition to benefits payable under the Social Security program, this item includes pensions paid out by private industries and governmental agencies, compensation
for industrial accidents, pensions to veterans, and also loans to World War veterans on their adjusted service certificates, and since June of 1936 adjusted service certificate
payments less prior loans. These latter items account for the sharp rise in this type of income in 1931 and 1936. Loans and payments to veterans on their adjusted service
certificates were carried as a separate item in an earlier series (cf., October 1938 Survey).
19
SURVEY OF CURRENT BUSINESS
October 1940
Monthly Business Statistics
The data here are a continuation of the statistical series published in the 1940 Supplement to the SURVEY OF
That volume contains monthly data for the years 1936 to 1939, inclusive, and monthly averages for earlier years back to 1913 insofar as available; it also provides a description of each series and references
to sources of monthly figures prior to 1936. The 1940 Supplement may be secured from the Superintendent of
Documents, Government Printing Office, Washington, D. C , for 40 cents per copy.
A few series have been added or revised since the 1940 Supplement went to press. These are indicated by
an asterisk (*) for the new series and by a dagger (|) for the revised series. A brief footnote accompanying each
of these series provides a reference to the source where historical data and the descriptive note may be found.
The terms "unadjusted" and "adjusted" used to designate index numbers refer to the adjustment for seasonal
variations. Data subsequent to August will be found in the Weekly Supplement to the SURVEY.
CURRENT BUSINESS.
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
1940
1939
August
September
October Novem- December
ber
January
February
March
April
May
June
July
BUSINESS INDEXES
INCOME PAYMENTS!
Index, adjusted.
Total income payments
.1929-100
. do . . .
Salaries and wages
Total nonagricultural income
-_do..._
Total
. ..
mil of dol..
Salaries and wages:
Total
- do _
Commodity-producing industries..do
Distributive industries
. . . . do
. do . . .
Service industries
do
Government
..do....
Work-relief wages
do
Direct and other relief
Social-security benefits and other labor income
mil. of do]..
Dividends and interest
. . . do
Entrepreneurial income and net rents and
royalties
_ mil. of dol
Total nonagricultural income.._
do
p 90 3
P89.9
P92.2
p 5, 761
85.2
84.8
86.9
5,439
86.1
85.0
86.9
6,025
88.0
86.9
88.5
6,259
88.5
87.7
89.3
5,865
90.0
88.9
90.4
6,904
90.3
88.2
90.2
6,093
89.7
87.5
89.6
5,604
88.4
87.0
89.3
5,987
88.2
86.2
88.7
5,965
88.6
87.3
89.8
5,689
88.7
87.7
90.7
6,252
'89.2
'88.6
'91.1
' 6,07£
p 3, 836
p 1, 489
3,738
1,398
898
827
504
111
87
140
799
3,911
1,472
928
846
541
124
88
3.767
1,349
902
847
535
134
95
3,742
1,339
882
845
536
140
95
3,784
1,352
900
845
539
148
94
3,784
1,356
900
845
540
143
92
137
1,517
148
840
151
447
155
820
152
799
3,864
1,419
915
860
550
120
86
166
1,021
1, 207
p 5, 210
1,155
4,908
1,261
5,386
1,253
6,321
1,243
5,533
1,169
5,108
1,134
5,519
1,138
5,479
3,838
1,391
908
854
548
137
89
166
472
1,124
5,211
' 3, 75£
1,423
92C
854
'44C
133
775
1,352
5,541
3,879
1,449
915
850
537
128
88
134
486
1,278
5,239
3,908
1,420
945
862
547
134
89
p 164
P469
3,604
1,359
880
816
417
132
87
150
443
1,115
5,785
1,182
'5,534
P77.5
75.5
66.5
58.5
74.0
82.0
71.0
64.5
93.0
73.5
64.5
82.0
84 0
84.5
67.0
107.0
76.5
68.5
83.5
89.0
87.0
66.5
90.0
76.5
66.0
86.5
91.0
87.0
73.5
79.0
79.0
74.0
84.0
91.5
82.0
70.5
69.0
79.0
72.5
85.0
95.0
84.5
65.5
60.5
84.0
81.0
86.5
94.0
82.0
80.0
60.0
76.0
72.5
79.0
89.5
75.0
70.0
62.5
81.5
77.0
85.5
89.5
88.0
70.5
66.0
80.0
73.5
85.5
84.5
90.5
70.5
62.5
70.0
61.5
78.0
82 0
79.0
64.0
'75.C
'71.C
57.1
'83 (
r 84 (
'88.(
65. (
103
105
99
108
114
110
116
102
108
127
116
116
111
125
117
115
119
106
129
130
126
125
131
159
121
125
119
117
147
137
126
126
136
161
120
125
116
123
157
126
124
126
139
159
111
123
105
127
156
115
117
117
128
144
98
109
93
123
151
90
113
114
121
121
101
113
96
123
140
83
112
112
121
113
107
113
104
126
135
101
111
112
119
106
109
108
109
126
129
114
116
116
125
123
114
108
117
126
128
'129
Hi
'11'
'12
14'
11
101
137
150
117
136
157
112
139
145
124
126
137
114
60
50
109
13i
111
142
263
134
99
96
139
267
130
98
91
130
286
118
102
117
12
127
118
218
111
95
106
138
251
130
103
140
131
119
129
136
251
130
102
88
71
117
143
149
152
239
150
102
69
70
104
142
103
194
94
92
105
119
107
115
103
116
121
122
134
151
116
110
119
129
129
128
79
129
322
114
106
151
158
141
137
145
162
124
P925
P859
p 445
P118
v 85
P
8t
16/
88C
AGRICULTURAL INCOME
Cash income from farm marketings:
Crops and livestock, combined index:
Unadjusted..
1924-29=100..
Adjusted
. ._ . do .
Crops
Livestock and products
do _.
do
Dairy products
.do . .
Meat animals
do
Poultry and eggs
INDUSTRIAL PRODUCTION!
{Federal Reserve)
Unadjusted:
Combined index
. 1935-39=100
Manufactures .
do
..do....
Durable manufactures
do
Iron and steel . . . .
. do
Lumber and products*
do
Furniture* .
Lumber*
do
do
Machinery*
Nonferrous metals*.
..do....
Stone, clay, and glass products* do ._
do
Cement
Common and face brick*
..do . . .
do
Glass containers*
Polished plate glass.
do
Transportation equipment* ._ do
Aircraft*
do
Automobiles
..do .
Locomotives*
do
Railroad cars*
do
Shipbuilding*
_ ..do....
P58*5
P 79 5
p 88 5
P78.5
P65.0
p 121
P127
P 153
P123
125
135
*>139
141
124
93
60
23
78
47
177
29
103
110
74
175
62
98
75
75
99
112
132
133
126
132
140
138
146
144
162
172
176
105
105
109
119
120
118
115
109
108
Nondurable manufactures
do .
p 115
110
112
94
84
105
..do....
109
107
Alcoholic beverages*
89
96
98
103
86
80
120
113
P112
111
114
113
do
97
108
116
113
114
111
110
Chemicals*
PIOO
99
111
111
99
95
99
106
88
85
Leather and products
do
106
'88
dn
91
104
89
112
121
97
107
85
Shoes*
116
107
97
88
101
P132
107
100
Manufactured food products* . . . d o
127
135
117
109
100
99
108
116
112
151
113
85
75
73
' 95
Dairy products*
_ .... do
140
71
83
148
168
97
111
Meat packing
124
..do...
P102
113
131
148
146
116
117
110
123
119
111
125
128
120
116
114
Paper and products*
do
136
133
'127
130
121
128
122
114
120
_do
132
118
' 131
Paper and pulp*
109
131
'128
114
114
122
115
115
Petroleum and coal products* . . d o . . .
111
121
118
116
115
116
133
116
120
118
104
141
140
138
125
122
Coke*. - .
138
131
121
114
114
112
115
112
113
113
Petroleum refining...
.do
113
113
118
122
111
113
98
120
106
109
Printing and publishing*
do
111
119
119
'119
128
124
114
112
118
122
117
Rubber products*
do
115
129
116
116"
117
PPI 'eliminan r
' Revised.
fRevised series. For revised indexes of industrial production beginning 1919 (1923 for industrial groups and industries), including the new series, see table 31, pp.
of the August 1940 Survey. For revised data on income payments beginning 1929, see table 42, pp. 17 and 18 of this issue.
*New series. See note marked with a "t".
11:
'l2'
'9
P33
P
p
11
11
18
' 11
11
'11
'9
9
12
p 16
10
P12
11
13
'10
1C
12-1'
20
SURVEY OF CUEEENT BUSINESS
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
October 1940
1939
August
September
1940
October Novem- December
ber
January
February
March
April
May
June
July
BUSINESS INDEXES—Continued
INDUSTRIAL PRODUCTIONf-Con.
(Federal Reserve)
Unadjusted—Continued.
Manufactures—Continued.
Nondurable manufactures—Con.
Textiles and products
1935-39=100.
Cotton consumption*
do...
Rayon deliveries*.
do.._
Silk deliveries*
do...
Wool textile production*..
do...
Tobacco products
do...
Minerals
do...
Fuels*
do...
Anthracite
do. _.
Bituminous coil.
do.._
Crude petroleum
do...
Metals*
do...
e
C
d
Copper* *
do
Lead
do.
Zinc
i
d
o
.
Adjusted:
Combined index
..do...
M anuf actur es
do...
Durable manufactures
do...
Iron and steel
do__.
Lumber and products*
do...
Furniture*
do...
Lumber*
do...
Machinery*
..do...
Nonferrous metals*
do...
Stone, clay, and glass products*..do...
Cement
do...
Common and face brick*
do...
Glass containers*
do...
Polished plate glass
do...
Transportation equipment*
do...
Aircraft*
..do...
Automobiles
do...
Locomotives*
do...
Railroad cars*
do...
Shipbuilding*
do...
Nondurable manufactures.
Alcoholic beverages*
Chemicals*
Leather and products
Shoes*
Manufactured food products*
Dairy products*
Meat packing
Paper and products*
Paper and pulp*
Petroleum and coal products*
Coke*
Petroleum refining
Printing and publishing*
Rubber products*
__
"
Textiles and products..
Cotton consumption*
Rayon deliveries*
Silk deliveries*
Wool textile production*
Tobacco products
Minerals
Fuels*
Anthracite
Bituminous coal.Crude petroleum._
Metals*
Copper*
Lead
Zinc
do..
do..
do..
.do..
do..
do..
do_.
do..
do..
do..
do..
do..
do.
do_.
do.
do.
do.
do_
do.
do_
do.
_do.
do.
do.
do.
do.
do.
_.do.
do.
do.
P112
109
105
138
75
109
115
93
87
85
100
81
132
123
121
145
99
122
115
129
121
118
137
115
177
109
116
131
128
152
101
130
112
123
120
99
135
116
141
(a)
116
128
126
125
150
84
118
94
111
114
93
117
116
93
(a)
118
134
120
124
' 14S
72
107
18
115
120
128
132
114
V9
144
114
133
115
123
'141
65
102
98
112
116
86
121
117
89
142
116
135
101
114
-•132
66
77
97
110
114
86
104
121
87
144
115
134
97
110
rl27
60
73
105
111
113
89
101
121
95
150
119
131
109
' 127
55
'85
112
118
113
90
103
119
149
141
122
123
101
107
131
51
88
124
118
111
104
100
116
161
' 140
116
118
'104
104
134
'51
98
112
'121
'111
101
107
' 114
'179
' 133
112
-120
114
117
106
95
116
117
146
88
110
117
121
114
115
118
112
160
a
()
111
101
122
104
107
105
111
105
107
104
104
112
113
112
129
108
95
92
177
84
102
74
133
113
118
114
128
108
109
107
108
128
116
114
126
110
110
99
181
92
100
83
136
121
121
129
161
113
114
112
115
144
123
120
119
121
124
105
194
96
97
105
138
124
124
133
161
121
121
121
123
153
120
121
125
112
112
102
216
91
98
122
142
126
128
140
167
121
118
122
125
159
128
131
142
115
124
128
239
121
95
136
144
122
' 122
135
147
115
117
115
127
154
123
125
119
116
122
137
256
129
102
156
149
116
116
124
118
114
113
114
123
142
113
106
96
118
112
137
251
129
101
158
150
112
112
118
106
111
112
110
123
132
120
117
106
124
105
131
263
120
101
149
156
111
110
113
99
110
111
109
123
124
115
115
108
116
96
115
267
103
103
125
156
r 115
114
119
118
112
115
110
124
126
113
115
109
112
91
116
281
101
102
121
164
121
121
131
154
111
113
110
128
129
111
113
121
121
' 132
156
'107
117
103
'133
'136
114
110
111
80
120
315
106
102
111
170
117
1G0
'109
*339
87
108
96
100
103
107
111
105
113
112
110
110
104
111
105
112
111
114
129
82
106
110
111
96
106
103
104
111
110
118
121
119
112
116
112
111
122
114
117
127
86
113
107
115
106
111
105
105
109
108
113
131
128
120
133
118
118
128
119
119
130
91
125
111
117
98
111
108
112
110
110
116
134
132
120
140
117
117
126
128
124
146
89
132
110
118
95
112
105
108
112
115
126
135
134
119
139
116
119
123
126
128
152
78
115
109
113
101
101
' 111
109
124
123
123
117
137
114
109
119
117
120
151
69
106
103
110
96
111
98
99
113
114
129
114
114
116
123
115
108
119
109
115
'144
64
93
106
106
98
109
93
94
' 112
112
128
110
110
118
118
117
106
116
99
108
••139
64
77
103
107
103
111
«5
85
Mil
112
117
116
'117
115
119
114
108
115
'100
107
'138
61
79
111
110
100
114
87
86
112
110
117
'127
'128
114
123
113
115
117
103
109
'142
58
87
110
114
113
116
96
100
115
111
126
131
132
115
132
112
120
115
106
112
144
56
89
115
91
89
115
108
79
105
114
113
120
114
112
121
119
117
112
123
116
128
120
118
97
119
120
131
114
113
88
106
118
124
114
112
78
103
118
130
140
116
133
117
114
84
109
120
134
141
117
127
119
116
83
120
118
135
144
118
127
118
115
82
122
116
135
143
124
123
118
116
113
116
116
134
'143
117
120
'120
'117
'129
'121
' 114
'139
'150
120
'128
110.2
118.2
130.5
104.1
132.9
123.4
105.0
119.7
132.9
127.4
142.1
120.8
121.3
141.0
140.9
144.6
141.4
134.9
108.6
122.9
136.3
117.7
147.3
132.7
132.9
156.9
168.0
161.3
158. 7
143.6
117.6
125.9
139.6
107.4
153.0
152.0
' 127. 2
' 158.5
' 190. 2
'151.2
' 153.6
' 161. 5
' 107.1
117.2
' 128. 6
' 75.0
' 136.9
' 146.3
235.2
l.K0.7
129.1
107.9
114.5
106.6
124.4
105. 5
129.6
100.8
197.1
154.8
137.6
110.8
120.5
111.1
137.1
107.8
134.9
97.3
180.0
156. 9
137.2
113.8
120.6
114.3
142.1
111.8
159.2
98.3
' 187. 6
' 147.1
'131.9
108.6
'110.0
' 107.9
134.6
' 102. 5
' 121.7
' 103.1
114
140
57
109
110
P120
P112
P112
p 179
P134
P
158
114
113
P137
114
""76
91
v 115
93
99
v 115
113
P119
139
110
* 114
124
*>130
P61
106
10*
P113
P122
M09
p 138
*>142
117
122
(a)
(a)
108
100
(a)
(a)
107
104
111
116
109
127
112
130
118
117
111
119
116
127
147
114
130
119.1
140.7
139.6
152.2
125.4
135.8
105.2
132.6
148.1
132.7
133.2
166.5
110.0
114.0
114.6
115.2
117.3
109.1
106.7
128.1
146.5
135. 5
128.7
165.3
104.4
106.2
122.9
89.5
118.4
116.0
103.2
118.2
129.2
124.7
119.2
137.1
100.5
103.2
129.3
81.1
118.8
114.9
98.7
118.9
128.7
122.1
129.6
133.3
105.5
112.3
128.7
101.1
125.2
113.0
101.0
121.2
131.1
124.0
132.6
125.6
179.0
141.4
146.9
119.4
127.7
111.0
127.5
113.9
125. 7
126.5
186.7
143.3
138.8
112.1
108.9
106. 0
119.1
114.9
113.2
119.1
184.8
122.6
126.1
108.9
112.0
103.3
118.8
112.2
122.4
109.9
187.6
131.9
122.3
110.4
108.0
105.8
119.1
101.0
115.8
118.7
227.6
142. 1
128.4
112.4
110.6
110.6
118.8
108. 2
123.0
114.6
(a)
(a)
P113
P116
P190
'112
108
'117
'110
112
116
P129
112
139
'113
'106
' 111
116
138
'57
'110
103
MANUFACTURERS' ORDERS, SHIPMENTS, AND INVENTORIES*
v 103.6
New orders, total
Jan. 1939=100.
129.0
148.4
p 107. 3
164.8
Durable goods
do...
203.3
P94. 2
213.7
Electrical machinery
do...
148.8
p 103. 9
139.7
Iron and steel and their products
do._.
232.6
p 102.8
172.7
Other machinery
do...
140.7
p 122.3
178. 7
Other durable goods
do...
231. 7
p 101. 2
106.0
Nondurable goods
.do...
113.2
107. 9
122.8
Shipments, total
do...
132.3
103. 7
128.6
Durable goods
do...
141.6
P39.
P39.7
Automobiles and equipment
do...
103.6
143.6
P 107. 6
Electrical machinery
do...
123.5
163.2
p 127. 8
Iron and steel and their products
do._.
161.3
Transportation equipment (except automobiles)
Jan. 1939=100.
200.0 p 121.0
178.1
Other machinery
do-..
149.6
112.8
134.8
Other durable goods...
do...
147.
127. 7
160.2
Nondurable goods...
do...
117.7
111.7
124.6
Chemicals and allied products
do._116.0 v 106. 5
142.6
Food and kindred products
do
110.7 P 107. 8
113.9
Paper and allied products..
do__.
128.7 p 103.9
132.0
Petroleum refining
do._.
104.0 p 104. 4
114.9
129.6 p 123.7
Rubber products
do_-_
150.0
129.3 p 123. 2
Other nondurable goods
do...
130.2
a
' Revised.
Data not available.
tRevised series. See note marked with a " t " on p. 19.
*New series. For industrial production series, see note marked with a " t " on p. 19.
and 5, p. 13 of the September 1940 Survey.
p Preliminary,
For manufacturers' orders and shipments beginning January 1939, see tables 4
October 1940
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
21
SUEVEY OF CURRENT BUSINESS
1940
August
1939
September
August
1940
October Novem- December
ber
January
February
March
April
May
June
July
BUSINESS INDEXES—Continued
MANUFACTURERS' ORDERS, SHIPMENTS, AND INVENTORIES*-Con.
Inventories, total
Dec. 31, 1938=100..
Durable goods
__
do _
Automobiles and equipment
do
Electrical machinery
do
Iron and steel and their products - do
Transportation equipment (except automobiles)
Dec. 31, 1938=100. _.
Other machinery
do
Other durable goods
do
Nondurable goods
do
Chemicals and allied products
do
Food and kindred products
do
Paper and allied products
do
Petroleum refining
do
Rubber products
._
do
Other nondurable goods
do
v 110. 6
p 95. 7
p 114.8
p 96.5
p 106. 2 p 76.5
p 116.9
"94.8
p 120.1 p 102. 3
101.3
103 3
113.0
90.3
106.8
104.6
107.2
116.6
95.4
111.0
107.3
110.3
117.3
103.9
111.9
109.3
112 1
118.4
108.3
112.0
110.0
112 7
115.6
111.7
111 8
109.8
112 5
112.1
114.5
111 1
p 195. 0 p 1 14. 5
» 110.5
P95.7
p 104. 7
p 97.9
p 106.1
p 94.9
P112.4
P96. 7
p 101. 5
p 91.8
p 107 3 v 93 l
P98. 7
P89.7
p 124. 0
p 98.4
p 106. 6
P98.0
114.5
99.3
99.4
99.1
93.5
101.7
94.8
92.3
97 2
102.6
131.5
102.2
102.0
101.8
96.0
104.8
98.1
92.7
102.2
104.9
145.1
106.1
106.2
104.1
102.8
106.0
102.2
92.6
111.8
106.0
153.1
109.5
108.1
106 2
106.0
103.9
105.7
91.6
113.8
111.7
167.0
111.9
107.8
107 0
109.8
102.5
107.1
93.8
118.1
111.8
165 6
112.4
108.7
106 8
111.1
100.5
108.0
94.5
119 6
111.8
108.9
111 4
108.5
114.9
110 8
160 4
110.9
107.8
106 2
111.5
98.4
106.6
95.5
120 7
111.2
108.6
111 2
98 9
116.5
113 6
108.2
111.1
89.5
115.6
116.3
r 108.9
111.2
'80.8
164 9
110.6
107.0
105.8
111.1
97.5
104.9
97.1
122.2
110.5
174.4
110.0
106.7
105.2
111.3
97.1
104.0
96.3
116.7
110.3
<• 185. 2
'110.8
r 105. 7
r
106.4
'111. 7
r 100. 6
r 104 5
r 115.6
r
119.1
'98.3
120.5
«• 109. 6
COMMODITY PRICES
COST OF LIVING
(National Industrial Conference Board)
86.3
86.4
Combined index
1923=10084.5
86.0
85.8
85.7
85.3
85.9
85.9
85.4
85,8
85.5
86.0
73.1
73.1
71.9
73.0
72.6
72.9
72.9
73.2
72.2
73.0
73.2
73.2
73.1
Clothing
do-_.
80.9
81.7
76.7
79.9
80. 1
79.6
78.5
79.9
80.7
78.8
79.8
78.8
80.6
Food
do-__
84.5
84.2
84.0
84.8
85.2
85.6
85.6
85.4
84 4
85.8
86.0
85.8
84.1
Fuel and light
_do.__
86.8
86.8
86.3
86.9
86.6
86.7
86.6
86.7
86.5
86.6
86.6
86.6
86.7
Housing.,
do-_.
97.4
97.0
96.9
97.4
96.8
96.8
97.0
97.0
96.9
96.9
96.9
97.0
Sundries
do...
PRICES RECEIVED BY FARMERS§
(U. S. Department of Agriculture)
Combined index
1909-14=10095
88
97
97
97
99
101
90
82
81
84
90
102
108
117
97
83
Chickens and eggs
do...
91
98
77
85
81
83
71
76
74
75
82
85
Cotton and cottonseed
do.._
85
85
105
109
110
104
106
100
112
117
118
114
Dairy products
_
do-._
107
119
118
79
81
104
88
70
73
66
65
73
Fruits
do-._
73
66
76
76
78
96
83
92
64
79
92
Grains
do...
83
77
87
90
91
110
104
110
108
107
102
Meat animals
do_._
112
101
103
102
101
117
101
112
145
133
123
134
Truck crops.-.
do-_.
128
117
99
96
128
117
168
107
100
101
100
Miscellaneous
do-_.
113
94
104
100
101
107
RETAIL PRICES
U. S. Department of Labor indexes:
Coal:
Anthracite
1923-25=100-.
78.6
81.0
75.7
77.1
Bituminous
do
83.4
89.0
86.9
89.2
Foodf
1935-39=100-.
98.3
97.4
96.2
95.6
98.4
94.9
93.5
97.6
96.7
96.6
94.8
96.2
97.0
Fairchild's index:
92.9
Combined index.
..Dec. 31,1930=100..
92.9
90.2
92.9
91.2
91.9
92.0
92.3
92.6
92.8
89.5
92.8
92.8
Apparel:
97.0
Infants'
do
97.0
96.9
96.9
96.4
96.9
96.3
96.4
96.0
96.6
89.1
89.1
Men's
__do
89.1
88.9
88.9
88.7
88.9
88.7
88.4
88.7
88.8
88.8
92.1
92.0
Women's
do
92.2
91.7
91.8
91.0
91.9
90.9
89.0
89.5
90.4
91.8
91.4
94.6
94.5
Home furnishingsdo
94.6
94.3
94.6
93.5
94.4
93.5
90.7
91.7
92.7
94.1
93.7
86.0
86.0
Piece goods
do
86.0
86.0
86.0
85.3
86.0
85.0
84.1
84.3
84.7
85.9
85.5
WHOLESALE PRICES
U. S. Department of Labor indexes:
Combined index (813 quotations)-.19261=00,.
77.7
78.4
77.4
77.5
75.0
79.1
79.4
79.2
79.2
78.7
78.4
78.6
79.4
Economic classes:
Finished products
do...
80.9
81.2
81.0
80.5
81.3
81.4
79.1
81.9
82.3
81.7
81.1
82.0
81.7
70.7
Raw materials
do
73.0
69.8
70.7
72.0
72.7
66.5
72.6
72.3
73.3
72.0
72.4
73.8
77.8
78.2
Semimanufactures
do...
77.0
77.9
79.9
78.3
74.5
81.8
83.1
82.0
79.7
82.1
81.7
66.5
69.4
65.6
66.2
Farm products
do
67.9
68.7
61.0
68.7
67.1
67.6
67.9
67.3
69.1
60.8
77.2
59.3
64.4
72.8
71.2
Grains. ....
do
51.5
65.1
61.6
71.6
73.4
64.1
73.5
69.8
68.4
71.5
64.7
69.6
65.6
66.0
76.3
70.5
63.8
67.1
Livestock and poultry
do ...
66.1
67.2
Commodities other than farm products*
80.0
79.9
80.5
77.9
80.5
80.5
79.8
1926=100
81.3
82.0
81.6
81.6
80.8
81.5
70.3
70.1
71.6
71.4
70.2
70.3
67.2
75.1
73.3
72.3
Foods
do ...
71.9
71.1
71.7
73.7
74.3
78.6
77.4
72.8
74.5
78.9
80.1
67.9
81.3
80.0
72.2
Dairy products
_.do
81.9
69.0
63.2
58.7
62.8
60.2
61.2
65.7
69.2
63.0
58.7
73.9
58.5
60.3
Fruits and vegetables
do...
69.2
72.9
76.1
73.8
81.0
74.9
69.1
68.4
71.1
70.7
69.9
73.7
71.2
Meats... . . . _
do....
Commodities other than farm products and
82.5
82.3
82.9
82.5
82.2
82.0
82.1
83.2
80.1
83.8
84.0
83.9
83.9
foods
1926=100
92.5
92.7
93.5
93.3
92.5
92.4
90.9
93.2
89.6
92.8
93.0
93.0
93.4
Building materials
do ...
90.2
90.1
90.1
90.4
90.2
90.2
91.0
91.2
90.5
91.5
91.6
91.6
91.6
Brick and tile
do
90.6
90.3
90.6
91.2
90.5
90.6
91.3
91.4
91.3
91.3
91.3
91.3
91.4
Cements
do
100.3
96.1
96.7
97.8
96.6
96.0
93.7
97.6
91.8
98.0
98.3
97.8
97.6
Lum ber
do
76.7
76.8
77.0
77.0
76.7
76.1
76.6
77.5
74.2
77.6
77.4
77.7
77.7
Chemicals and allied products!
do ._
84.8
85.0
84.9
85.1
85.1
85.1
84.5
85.3
83.8
85.2
85.2
85.3
85.3
Chemicalsf
do
96.2
81.8
95.9
81.4
82.0
82.2
78.4
81.3
77.1
79.7
79.7
80.3
81.3
Drugs and pharmaceuticalst
do._68.0
70.7
67.3
70.6
70.8
67.4
67.2
71.0
65. 5
68.6
69.8
70.9
71.3
Fertilizer materials!-do
77.1
71.8
71.1
72.2
71.7
71.4
72.8
72.4
72.6
73.9
74.1
72.8
72.7
Fuel and lighting materials
do
76.0
77.1
73.9
74.2
77.5
78.2
75.8
75.4
76.5
77.7
77.6
Electricity
do
82.0
80.4
84.4
87.4
87.2
81.6
86.7
84.4
82.2
80.4
88.2
78.6
Gas .do
50.4
49.2
50.4
50.7
50.0
53.3
50.9
51.7
54.0
53.9
52.5
49.5
51.7
Petroleum products
do._99.2
98.5
96.9
92.7
1016
104.0
103.7
101.8
101.8
101.3
99.0
103.6
102.4
Hides and leather products
do...
81.9
97.4
77.1
77.2
112.4
104.3
105. 2
94.3
94.8
92.2
84.6
102.6
97.0
Hides and skins
do
92.4
92.0
84.0
97.8
97.8
95.2
93.5
93.2
93.6
91.4
96.0
94.2
88.3
Leather
do...
107.9
101.8
100.8
105. 7
107.2
107.5
107.0
107.8
108.2
107.0
108.2
108.4
Shoes . .
do
107.9
88.5
86.6
85.6
87.8
88.4
88.5
88.5
87.9
88.4
88.0
88.0
House-furnishing goods
do
88.5
88.5
94.9
91.7
90.0
93.7
94.2
94.4
94.8
94.0
94.5
94.2
94.2
Furnishings
do
94.8
94.8
81.7
81.3
81.1
81.7
82.3
82.4
81.8
81.4
81.9
81.5
81.5
Furniture
do
81.9
81.8
r
Revised.
v Preliminary.
§ Data for September 15, 1940: Total 97; chickens and eggs 104; cotton and cottonseed 76; dairy products 111; fruits 73; grains 77; meat animals 114; truck crops 118; miscellaneous 95.
tFor monthly data beginning 1933, corresponding to the annual figures shown on p. 13 of the 1940 Supplement, see table 23, p. 18, of the April 1940 Survey.
tRevised series. Revised indexes of retail food prices beginning 1923 will appear in a subsequent issue. Data for chemicals and allied products (title changed from chemicals and drugs) and the subgroups revised beginning 1926: see table 32, p. 18. of the August 1940 Survey.
*New series. Indexes of manufacturers' inventories beginning January 1939, and indexes of prices of commodities other than farm products beginning 1913,appear in table
3, p . 13, and table 36 p. 18, respectively, of the September 1940 Survey.
22
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data may be found in the August
1940 Supplement to the Survey
October 1940
1940
1939
August
September
October Novem- December
ber
January
February
March
April
June
May
July
COMMODITY PRICES—Continued
WHOLESALE PRICES—Continued
U. S. Department of Labor indexes—Con.
Commodities other than farm products and
foods—Continued.
Metals and metal products
1926=100..
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
Silk*
do....
Woolen and worsted goods
do
Miscellaneous.
do
Automobile tires and tubes
_..do
Paper and pulp
do
Wholesale prices, actual. (See under respective
commodities.)
94.9
94.8
79.1
93.2
95.1
74.6
94.8
95.5
84.7
95.8
96.0
85.3
96.0
96.0
85.1
96.0
96.1
84.6
95.8
96.3
82.6
95.3
96.3
79.2
955
96.4
79.7
94.5
94.3
79.2
94.5
94.2
80.3
94.7
94.3
81.2
95.1
94.6
80.5
72.3
85.6
68.6
61.5
29.5
43.0
83.7
76.7
58.8
93.5
79.3
67.8
81.5
65.5
61.5
28.5
44.3
75.5
73.3
60.5
80.0
79.3
71.7
81.7
70.4
62.8
29.0
49.7
84.0
76.6
60.5
81.8
79.3
75.5
83.2
74.3
63.5
29.5
54.3
91.3
77.6
60.5
86.3
79.3
76.4
83.8
74.8
64.8
29.5
56.5
90.5
77.0
55.6
88.0
79.3
78.0
84.2
75.2
66.0
29.5
66.0
90.3
77.4
55.6
89.0
79.3
77.9
84.5
75.4
68.4
29.5
61.8
90.4
77.7
55.6
89.8
79.1
75.4
84.9
73.6
64.5
29.5
51.6
87.2
77.3
55.6
89.5
81.0
74.0
85.1
71.8
62.2
29.5
49.9
84.5
76.9
55.6
89.0
80.9
72.9
84.7
70.2
61.7
29.5
45.4
83.8
77.7
58.0
89.5
80.6
72.9
85.0
69.4
61.3
29.5
47.0
83.4
77.7
58.0
90.7
80.5
72.6
85.3
68.4
61.6
29.5
46.1
83.7
77.3
58.2
91.7
80.5
72.4
85.3
68.8
61.5
29.5
43.3
83.9
77.7
58.8
93.5
130.1
°127. 9
153.1
118.2
134.2
133.2
166.9
120.3
127.3
126.6
149.9
118.3
126.8
127.6
151.5
118.5
127.2
128.4
151.5
118.6
127.2
130.0
153.1
119.2
126.8
129.7
148.6
119.0
128.0
128.0
145.6
118.5
128.5
129.7
151.5
118.9
128.1
127.9
149.9
118.3
128.5
• 126. 9
149.9
118.2
129.9
• 125. 2
154.8
117.6
PURCHASING POWER OF THE
DOLLAR
Wholesale prices
Retail food prices
Prices received by farmers
Cost of living
1923-25=100.
do
do
do
129.6
» 126. 3
154.8
117.9
CONSTRUCTION AND REAL ESTATE
CONTRACT AWARDS, PERMITS, AND
DWELLING UNITS PROVIDED
Value of contracts awarded (F. R. indexes):
Total, unadjusted
1923-25=100..
Residential, unadjusted
.do
Total, adjusted
do
Residential, adjusted
.do
F. W. Dodge Corporation (37 States):
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, all types:
Projects
number..
Floor area
thous. of sq. ft._
Valuation
thous. of doLPublic works:
Projects
number..
Valuation..
thous. of doLUtilities:
Projects
number. _
Valuation
thous. of dol.
Families provided for and indicated expenditures for building construction (based on
bldg. permits). U. S. Dept. of Labor indexes:
Number of families provided for. _. 1929=100..
Indicated expenditures for:
Total building construction
do
New residential buildings
do
New nonresidential buildings
do
Additions,alterations,andropairs- -do
Estimated number of new dwelling units provided in all urban areas (U. S. Dept of Labor):
Total
.number.
1-family dwellings
do...
2-family dwellings
do...
MuKjfamily dwellings
do...
Engineering construction:
Contract awards (E. N. R.) §_..thous. of dol..
51
86
60
22,984 22, 402 22,323
323,227 261,796 299,847
144, 216 91,604 143,647
179,011 170,192 156,200
18,831
354,098
225,095
129,003
3,242
15, 420
77,769
2,711
11,675
57,757
2,453
9,109
52, 532
2,852
12,356
70,565
17, 756
17,589
17,136
32,978 29,372 31,008
129, 680 118, 303 116,588
14,899
22, 585
88,681
10,132
19, 082
77, 400
11, S07 19,053 20, 594 22,939 20, 584 22,387
19,107 31, 078 33,459 36, 312 33, 537 36, 227
74,858 121, 708 135, 420 145,912 135,274 140,430
1,223
50,359
975
891
81, 584 180,683
730
47,861
762
42,929
1,008
58,905
1,512
62,881
1,733
81, 261
1,789
74,433
1,686
85,681
294
20,450
350
23,906
330
26,977
202
18, 398
174
12, 222
214
17,830
180
13,382
183
11, 577
228
23,024
263
33,608
58.5
68.0
66.3
41.7
54.6
68.2
82.7
79.6
63.0
79.5
44.2
43.6
30.7
58.4
43.3
47.1
27.2
47.4
39.4
45.1
22.9
39.7
29.9
29.4
20.5
41.2
36.1
37.1
23.1
48.1
43.6
47.1
26.4
52.4
52.1
57.4
29.5
64.4
52.8
58.5
30.4
62.1
46.6
45.2
30.9
69.1
55.9
56.4
39.5
65.8
30,890
21,623
1,247
8,020
29, 696
20,052
2,111
7,533
18, 552
11. 406
1,094
6,052
24,181
15,994
1,721
6,466
30,472
22, 729
2,215
5,528
37,328
27, 420
2,326
7,582
36, 272
27, 776
2,617
5,879
28, 706
23,499
1,909
3,298
302, 215 190,327
191,977
270,928
179,836
211,816
4,951
3,260
1,691
2,597
1,730
867
3,122
2,297
825
2,486
1,827
659
4,058
3,170
7, 537
5.496
2,041
4,575
1,713
5,227
3,406
1,821
3,528
40,132
3,880
45, 616
4,264
46,677
4,782
47, 619
4,633
46,922
4,645
50, 515
4,731
50, 724
4,034
43, 925
76
66
73
67
31,512
414,941
195,293
219, 648
23,270
312,328
158,459
153,869
5,199
23,654
119,189
3,453
12,270
69,882
24, 277
38,987
152,988
18,003
31,166
127,163
1,685
119,358
1,486
95,170
1,389
71, 418
351
23,406
328
20,113
356
39, 663
80.4
75.0
57.9
57.3
55.5
44.4
60.4
50.1
54.0
28.5
67.3
45.4
41.2
37.0
58.4
34,198
23, 543
1,472
9,183
26,852
18,808
1,616
6,428
27,159
21,362
1,591
4,206
397, 253
'93
'78
'85
'77
74
59
83
61
73
68
73
68
72
66
76
68
*>79
*92
*>80
3,650
16,490
82,466
3,749
15,495
72,684
311, 222 209, 337 245,062
61
44
75
53
54
50
63
56
63
60
62
57
13,517
15, 595 23,920
196,191 200,574 272,178
92, 532 81,666 94,971
103, 659 118,908 177,207
3,645
14,444
73,735
78
75
64
64
26,101
29, 201 26,679
28,466
300, 504 328,914 324, 726 398,673
103,450 111,578 147,316 204,568
197,054 217,336 177,410 194,105
3,815
16,610
88,821
4,346
16, 971
90,164
4,078
18,028
91,995
4,130
23,413
138,954
282, 296 252, 763 352,852
HIGHWAY CONSTRUCTION
Concrete pavement contract awards:
Total
thous. sq. yd_. 6,416
6,161
4, 465
3,718
2, 655
Roads
do
4,049
3,907
2,491
3,058
1,067
Streets and alleys
do
2,368
2,254
1,228
1,407
1,588
Status of highway and grade crossing projects
administered by the Public Roads Administration, Federal Works Agency:
Highways:
Approved for construction:
3,902
Mileage
no. of miles.^
3,130
2,723
2,824
3,100
Federal funds
thous. of doL. 41, 210 34,254 30,821
30, 750 35,315
Under construction:
9,439
8,554
7,473
6,746
Mileage
no. of miles..
Federal funds
thous. of dol_. 128, 737 123,044 119,472 110,543 101,855
257, 567 242,924 237,214 222, 062 205,183
Estimated cost
do.
5,984
91,429
184,441
5,837
5,966
90, 220 92,864
180, 686 185,954
6,347
7,306
8,388
98, 452 106,063 115,864
196,974 211, 630 230,819
9,612
8,915
121, 248 126,761
242, 425 253, 523
' Revised.
* Preliminary.
>
• Obtained by applying to the index for the preceding month the percentage change in the purchasing power of the retail food dollar computed on a 1935-39 base.
§Data for August and November 1939 and February, May, and August 1940 are for 5 weeks; other months, 4 weeks.
*New series. For indexes of rayon and silk prices beginning 1926, see table 29, p. 18, of the May 1940 Survey.
23
SURVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1840 Supplement to the Survey
1940
August
1939
August
September
1940
DecemOctober November
ber
January
February
March
April
May
June
July
CONSTRUCTION AND REAL ESTATE—Continued
HIGHWAY CONSTRUCTION—Con.
Status of highway and grade crossing proj. administered by the Pub. Rds. Adm.—Con.
Grade crossings:
Approved for construction:
Federal funds
thous. of dol..
Estimated cost
do
Under construction:
Federal funds
do
Estimated cost
do
9,496
10,198
10,654
11,437
9,888
10.581
10,283
10,909
10,180
11,060
11.428
11,986
12,447
13.075
12,617
13,193
12,133
12,908
9,810
10,420
10, 328
11,394
10,119
11,094
9,652
10,596
38, 323
39, 674
38,579
40,505
37,919
39. 756
35,435
37,190
35,112
36,577
30,528
32,258
30,410
32,077
31,167
32,775
31,787
33,272
34,525
35,819
36,458
37,751
37,013
38,239
37,682
39,010
202
192
220
184
209
200
184
220
182
206
201
188
220
184
207
203
190
221
186
210
203
190
221
186
210
203
191
221
185
210
203
192
221
184
211
203
191
221
184
211
202
189
221
183
210
203
190
221
183
210
202
191
220
184
208
202
191
220
184
209
202
192
220
184
209
189
187
188
188
188
188
188
187
187
187
187
188
188
96.8
132.6
115.1
119.0
94.6
130.8
116.8
118.4
94.8
130.8
117.8
118.6
94.9
130.9
117.9
118.7
95.3
131.4
118.2
119.0
96.0
131.1
118.0
118.9
96.0
131.1
118.0
118.9
96.0
131.0
118.0
118.8
96.5
131.3
118.0
119.0
96.6
131.9
117.1
118.9
96.7
131.9
117.2
118.9
96.5
132.1
114.5
118.8
132.3
114.9
118.8
98.4
135.7
118.3
120.4
97.1
133.7
121.2
119.6
97.2
133.7
122.0
119.7
97.2
133.7
122.5
119.8
97.5
134.0
122.8
120.0
98.2
133.7
122.7
119.9
98.2
133.7
122.7
119.9
98.1
133.7
122.7
119.9
98.1
134.0
122.7
120.0
98.2
134.6
121.9
119.9
98.3
134.6
121.9
120.4
98.2
135.5
117.8
120.3
98.2
135. 5
118.2
120.2
97.1
131.7
114.3
119.2
93.0
130.2
114.4
118.3
93.2
130. 5
117.5
118.5
93.3
130.6
118.0
118.7
93.8
131.0
118.4
118.9
96.8
130.4
118.1
118.7
96.9
130.4
118.1
118.7
96.8
130.3
118.1
118.6
96.8
130.6
118.1
118.8
97.0
131.3
115.2
118.7
97.1
131.3
115.3
119.1
96.9
131.1
113.1
118.9
96.8
131.5
114. C
118. £
89.6
126.1
105.8
111.2
85.4
123.5
104.7
109.3
86.0
123.9
105.4
110. 3
86.8
124.3
106.1
110.9
88.1
125.5
107.0
111.1
88.3
125.1
105.8
110.4
88.4
125.1
105.8
110.5
88.1
124.4
105.8
109.8
88.5
124.8
105.8
110.9
89.4
125.9
105.8
110.4
89.5
125.9
106.2
110.8
88.8
125.4
104.3
110.1
88.1
124H
104.-<
110.1
87.2
124.5
100.8
108.3
81.9
122.0
98.7
105.9
82.8
122.8
99.8
107.2
83.7
123.3
100.5
107.9
85.3
124.8
101.6
108.1
85.5
124.5
100.2
107.2
85.7
124.5
100.2
107.4
85.3
123.6
100.2
106.5
85.7
123.9
100.2
107.9
86.8
124.4
100.2
107.2
87.0
124.4
100.5
107.8
86.1
123.6
98.6
106.9
85.1
122. i
98. J
106.1
244.1
235.0
236.9
238.2
238.2
238.3
238.3
238.3
238.3
238.9
241.6
242.2
242.1
106.2
104.4
109.6
105.2
102.3
111.2
105.7
102.9
111.2
106.1
103.6
111.1
106.5
104.4
110.8
106.6
104. 5
110.6
106.4
104.4
110.2
106.5
104.5
110.3
106.4
104.4
110.3
106.2
104.3
110.0
106.2
104.4
109.9
106.2
104.4
109.7
106. (
104.!
109. J
CONSTRUCTION COST INDEXES
Aberthaw (industrial building)
1914=100..
American Appraisal Co.:f
Average, 30 cities
_-.1913=100__
Atlanta
do
New York
do
San Francisco
_
do
St. Louis
do
Associated General Contractors (all types)
1913=100..
E. H. Boeckh and Associates, Inc.:§
Apartments, hotels, and office buildings:
Brick and concrete:
Atlanta
U. S. av., 1926-29=100New York
do
San Francisco
-do
St. Louis
do
Commercial and factory buildings:
Brick and concrete:
Atlanta
do
New York
do
San Francisco
..
do
St. Louis
do
Brick and steel:
Atlanta
do
New York..
do
San Francisco
do
St. Louis
do
Eesidences:
Brick:
Atlanta.
do
New York
do
San Francisco—_
do
St. Louis
_._
do
Frame:
Atlanta..
„
do
New York
...do
San Francisco
do
St. Louis
do
Engineering News Record (all types) §
1913=100..
Federal Home Loan Bank Board:
Standard 6-room frame house:
Combined index.
1936=100..
Materials
_.
do
Labor
_
_
_
do
191
191
191
193
REAL ESTATE
Federal Housing Administration, home mortgage insurance:
Gross mortgages accepted for insurance
84,357
thous. of dol. . 89,379
79, 930
88,07.
62,269
63,602
62,008
74,216
48,831
76,874
65,013
53,200
44,980
Premium-paying mortgages (cumulative)
thous. of dol. 2,411,632 1,723,357 1,776,784 1,837,923 1,905,071 1,969,862 2,034,920 2,086,518 2,132,701 2,180,413 2,233,991 2,288,348 2,348,66:
Estimated new mortgage loans by all savings
and loan associations:
Total loans
thous. of d o l . . 117,622
95,038
89. 732
93,297
66,944
90,368 108,001 114, 542 106,984 114,30
86,076
83,112
71, 522
Classified according to purpose:
Mortgage loans on homes:
Construction
do
42,488
35,523
36,956
29, 863
29, 255
19,488
20,152
26,711
33, 764
39,90
27,854
26, 923
26,607
40, 567
38,402
Home purchase
do
32,282
33.383
22.039
25.389
32,168
42,049
31,367
27, 779
37.821
40,65
30.434
17, 762
17,147
Refinancing
do
17,005
15.835
13,999
14,590
16, 769
16,021
15,001
18,034
15,445
20,859
17,64
6.079
5,691
Repairs and reconditioning
do
5,909
5,784
3,455
3,437
4,657
5, 544
4,335
4,720
6,896
6,097
6,11
10, 726
10, 221
Loans for all other purposes
do
9,979
9,040
7.963
7.954
10,063
8,946
9,074
8,870
10, 607
9,460
9,97
Classified according to type of association:
47,435
Federal
thous. of d o l . . 50,305
38,241
49,287
40,645
37, 854
34,053
48,67
37,090
28,008
29, 786
46, 577
34, 785
46,807
42, 214
State members.
do
36, 484
45,803
45,41
37,340
37.847
33,209
36.989
25, 737
28. 941
43,015
34,671
20,510
Nonmembers
do
17,335
20,21
15,643
19,452
17,053
17, 596
15,850
15,653
13,199
12,795
18,409
16,620
Loans outstanding of agencies under the Federal
Home Loan Bank Board:
Federal Savings and Loan Associations, estimated total mortgages outstanding
thous. of d o L . 1,461,867 1,186,784 1,206,887 1,231,685 1,252,559 1,271,161 1,280,200 1,296,464 1,317,975 1,348,072 1,376,700 1,405,100 1,432,10
Federal Home Loan Banks, outstanding advances to member institutions
thous. of d o L . 168,402 159, 470 163, 687 168,654 168,822 181, 313 156, 788 144, 515 137,642 133,811 137, 509 157,397 162,22
Home Owners' Loan Corporation, balance of
loans outstanding.
thous. of d o L . 1,996,443 2,059,792 2,054,865 2,049,421 2,043,288 2,038,186 2,031,341 2,026,614 2,021,951 2,020,572 2,017,395 2,012,760 2,004,73
Foreclosures:
Nonfarm real estate
1926=100-108
150
147
131
114
103
112
113
126
116
11
136
126
Metropolitan communities
do
105
146
136
120
108
99
104
119
108
129
121
108
1C
Fire losses
thous. of d o l . . 20,722
22,801
22,837
24, 301
36,261
34, 410
29, 789
23,447
19, 506
27,248
27, 959
26,657
§Beginning with the September issue of the Survey indexes computed as of the first of the month are shown as of the end of the preceding month. The Engineerin
News Record Index is similarly shown in the 1940 Supplement as of the end of the preceding month.
fRevised series. Revised annual indexes beginning 1913 for the composite 30-cities series are available in footnote 6 to p. 20 of the 1940 Supplement; annual indexes fc
the individual cities and monthly indexes for all series beginning January 1939 will appear in a subsequent issue.
24
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
October 1940
1940
1939
August
Novem- DecemSeptember October
ber
ber
January
February
March
April
May
June
July
DOMESTIC TRADE
ADVERTISING
Printers' Ink indexes (with adjustment for seasonal variations):
Combined index
1928-32=100..
Farm papers
do
Magazines.
do
Newspapers
do
Outdoor
do
Radio
do....
Radio advertising:
Cost of facilities, total
.thous. of dol_.
Automobiles and accessories
do
Clothing
do
Electric" household equipment
do
Financial
_
_
do
Foods, food beverages, confections
do
House furnishings, etc
.
do
Soap, cleansers, etc..
do
Office furnishings and supplies
do
Smoking materials
do
Toilet goods, medical supplies
do
All other
do
Magazine advertising:
Cost, total
do
Automobiles and accessories
do
Clothing
.
..do
Electric household equipment
..do
Financial
..do
Foods, food beverages, confections
do
House furnishings, etc
do
Soap, cleansers, etc
__.
do
Office furnishings and supplies
do
Smoking materials.
do
Toilet goods, medical supplies.,
do
All other
do
Linage, total
thous. oflines..
Newspaper advertising:
Linage, total (52 cities)
do
Classified
do
Display, total
do
Automotive
do
Financial
_
do
General
,
do
Retail
do
87.4
63.0
79.9
80.4
89.4
416.3
84.8
70.1
78.5
79.1
76.6
355.6
82.6
66.1
72.8
77.4
83.5
333.7
82.8
65.8
78.1
77.7
75.8
298.4
84.0
69.3
82.0
79.9
60.6
312.6
89.4
70.9
80.4
84.3
88.3
318.5
79.4
57.8
74.8
73.4
78.9
325.6
82.7
60.7
80.0
77.1
77.2
306.2
85.3
59.0
81.8
79.9
83.6
289.4
84.7
66.4
83.0
78.1
87.2
290.8
89.3
69.1
85.1
83.2
86.2
325.2
84.6
62.5
85.8
76.9
82.0
358.4
84.1
58.5
88.4
74.6
86.4
' 416. 5
6,842
489
33
0
90
1,889
79
907
0
1,224
1,897
235
5,859
520
58
0
109
1, 657
23
818
0
1, 048
1,498
128
6.089
558
75
0
102
1,860
48
812
0
969
1,538
126
8.014
648
72
0
107
2, 608
62
923
0
1.170
2,150
273
8,036
641
34
0
98
2,729
45
925
0
1.153
2,163
247
8,127
636
41
0
92
2,769
49
915
0
1,134
2,225
265
8,299
683
30
0
85
2,740
50
942
0
1.219
2.328
221
7,800
634
32
0
59
2,663
87
902
0
1,119
2,084
220
8,208
670
45
0
62
2,737
89
931
0
1,190
2,210
274
7,728
722
33
0
74
?,389
80
912
0
1,190
2, 126
201
7,928
728
56
0
92
2,383
90
963
0
1,283
2.109
224
7,086
680
54
0
81
2,039
85
846
0
1,157
1,926
218
7,137
498
35
0
94
2,095
87
977
0
1,193
2,002
158
10,005
1,215
493
149
283
2,003
235
381
188
698
1,709
2,650
1,888
8,3S7
1,033
405
58
245
1,695
215
370
123
431
1, 558
2, 253
1,784
11. 814
1,322
989
213
352
1,744
62S
411
327
593
2,029
3, 207
2,182
14.925
2.312
1,136
392
414
2,206
1,086
403
204
665
2,422
3,685
2,378
13, 821
2,159
755
337
400
2,103
874
382
203
704
2,474
3.429
2,255
12, 262
1,300
555
406
318
1,771
681
269
303
647
2,219
3, 794
1,711
8.274
1,318
271
88
376
1, 271
2.55
217
119
620
1,422
2,317
1.973
12,314
1,616
596
239
365
2,129
475
478
166
£98
2,396
3, 256
2,343
16, 261
2.4S3
1,095
585
458
2,477
730
497
263
824
2,723
4,124
2,779
17, 310
1,022
747
481
2, 2S5
1,130
468
192
663
2, 579
4, 757
2,725
16, 469
2,744
923
812
441
2,227
1,134
514
235
702
2,328
4,378
2,430
15, 648
2,415
804
657
504
2,391
826
546
150
863
2,423
4,069
2,014
10, 782
• 1,439
•
231
261
343
' 2,124
304
413
80
762
" 1,968
' 2,857
1,706
92,041
21,964
70,077
3,619
1,196
12, 046
53,216
90, 526
21, 115
69, 410
3,512
1,349
12, 527
52. 022
101, 937
20. 8S4
81, 053
3,067
1,278
15, 045
61, 663
119,612
22, 393
97, 220
6,436
1,767
19. 824
69, 192
113, 457
20,194
93, 264
4,537
1,376
18. 470
68, 880
118,103
20, 246
97, 857
3.4S2
1.637
14,183
78, 555
88. 033
19, 075
68, 958
3,854
2. 278
12,433
50, 393
93. 240 114, 255
22,945
19, 295
91, 309
73,945
4,224
5, 620
1,494
1,799
15, 740
17, 645
52, 487
66, 246
111,989
23, 083
88.906
7,007
1.838
17, 824
62, 237
119, 883
23,936
95, 948
7.812
1,477
19, 427
67, 231
103,290
23,216
80,074
5,639
1,485
17,069
55,880
84,440
21,194
63, 246
3,628
1,827
13,043
44,748
69.9
69.4
70.4
72.3
73.9
72.3
71.7
73.0
72.1
72.2
71.7
71.0
1,718
1,471
1,787
1, 850
1,901
2, 361
1,966
1,998
2, 250
1,619
1,710
1, 486
1,421
1,509
1?473
1,771
1,535
1, 500
3,906
37, 098
3,907
37, 262
4,2S8
39, 723
4,150
38, 553
4, 554
41,190
4,702
41, 876
4,246
39, 065
4,664
42, 937
4,503
41, 548
4,309
40, 028
4,151
38,218
4,226
40,144
13.130
99, 498
2,205
12, 624
97, 376
1,895
14, 152
109, 016
1,833
14, 385
108. 449
1,773
15, 285
111,851
3,926
13, 608
100, 455
1,604
12, 945
95,124
1,467
14, 373
106,197
1, 775
13, 624
100, 793
1,450
13,928
103,120
1,430
13,138
97,435
1,362
13,106
100, 955
1,519
28, 232
r 3, 538
30, 038
3,413
31. 960
3,788
32, 446
3,658
42, 938
5,117
30, 380
3,791
29, 737
3,665
32, 657
3,993
31,615
3,923
32, 205
3,786
28,668
3,451
27,626
3,565
GOODS IN WAREHOUSES
Space occupied in public-merchandise warehouses
percent of total..
NEW INCORPORATIONS
Business incorporations (4 States)
number..
POSTAL BUSINESS
Air mail: Pound-mile performance, _.millions..
Money orders:
Domestic, issued (50 cities):
4,134
Number
thousands..
Value
thous. of dol_. 39,472
Domestic, paid (50 cities):
Number.
thousands.. 13,106
Value
thous. of doL. 102,390
Foreign, issued—value
do
Receipts, postal:
28,974
50 selected cities
do
3,568
50 industrial cities
do
1,628
RETAIL TRADE
Automobiles, value of new passenger-car sales:
Unadjusted
1929-31 = 100. _
Adjusted
do...
Chain-store sales, indexes:
Chain-Store Age, combined index (20 chains)
av. same month 1929-31 = 100 _
Apparel chains
do - .
•Grocery chain-store sales:
Unadjusted
1929-31 = 100
Ad j usted
do
Variety-store sales, combined sales, 7 chains:f
Unadjusted
1935-39=100..
Adjusted
do
Chain-store sales and stores operated:
Variety chains:
H. L. Green Co., Inc.:f
Sales
thous. of dol._
Stores operated
number
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
T
number..
p 119. 5
63.7
76.5
56.5
83.5
96. 5
93.7
107.9
102.8
110.8
108.5
95.6
125.8
100.7
130.8
133.9
112.5
r 145. 1
112.5
r 131.1
104.1
r 143. 5
r 122. 7
118.3
119.5
122.0
134.0
113.0
124.0
114.5
127.0
113.3
125.0
117.0
132.0
120.0
142.0
113.5
120.0
114.0
119.0
115.0
128.0
115.0
122.0
117.0
123.0
119.0
120.0
119.0
132.0
* 109. 9
p 114. 5
99.0
103.1
107.2
109.4
106.9
106.4
109.0
109.0
112.1
108.8
105.4
108.7
112.1
111.5
112.0
110.9
113.2
109.9
114.0
112.3
112.8
111.1
' 109.9
112.0
8
109. 2
90.8
103.6
97.5
101.5
104.4
106.2
109.9
108.9
209.4
104.7
76.1
104. 0
83.5
105.3
99.3
105.4
92.1
103.2
101.7
105.2
99.5
104.4
'97.6
' 106. 5
3, 657
151
3,186
152
3,703
151
3,766
151
4,001
151
7,821
151
2, 785
151
2,774
151
3, 846
151
3,279
151
3,751
151
3,784
151
3,334
151
11, 757
678
10, 578
683
11,513
683
11, 938
682
12, 356
685
24, 406
686
9,042
675
9,543
675
12, 206
675
10, 498
675
11, 815
675
11,643
676
10,458
677
6,691
239
6,490
240
6, 596
240
7,286
240
7, 295
240
15, 232
240
5,300
240
5,603
239
6,897
239
6,401
239
6,838
239
6,310
239
6,514
239
202
3,136
200
3, 354
200
3,431
200
3, 622
201
7, 655
200
2,767
201
201
202
3, 246
203
3,507
203
3,611
203
3,334
203
P70.4
P95.
P
Revised.
* Preliminary.
»
fRevised series. Revised indexes of variety-store sales beginning 1929 appear in table 30, p. 10, of the August 1940 Survey. H. L. Green Co. data revised beginning
May 1939 to include sales of Green United Stores, Inc., acquired May 1, 1939, sales of groceries and other special departments, and net sales receipts from operation of leased
departments; the revised series include both variety and low-priced department stores; for revised data beginning May 1939, see p. 24 of the September 1940 Survey.
25
SURVEY OF CUREENT BUSINESS
October 1940
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
1939
August
September
1940
October Novem-1 December
ber
January
February
March
April
June
May
July
DOMESTIC TRADE— Continued
RETAIL TRADE—Continued
Chain store sales and stores operated—Con.
Variety chains—Con.
G. C. Murphy Co.:
Sales
thous. of dol._
Stores operated
number,,
F. W. Woolworth Co.:
Sales.
thous. of dol..
Stores operated
number. _
Other chains:
W. T. Grant Co.:
Sales
thous. of doL.
Stores operated
number,,
J. C. Penney Co.:
Sales
thous. of doL.
Stores operated
number..
Department stores:
Collection", ratio to accounts receivable:
Instalment accounts
percent,,
Open accounts . . . .
do . . .
77
Sales, total U. S., unadjusted.-.1923-25=100..
107
Atlanta!
1935-39 = 100..
63
Boston
1923-25 = 100,,
Chicago
do
Cleveland
do
Dallas
do . . .
86
Kansas City
1925=100..
101
Minneapolis
1929-31 = 100..
76
New York
1923-25=100,,
60
Philadelphia
do
108
Richmond
do
78
St. Louis
do
98
San Francisco
.do
99
Sales, total U. S., adjusted
do
123
Atlantat
1935-39 = 100 _
106
ChicHoo
1923-25 = 100..
101
Cleveland
do
122
Dallas
do . . .
115
Minneapolis
1929-31 = 100 ,
101
New York
1923-25=100..
80
Philadelphia
do.._.
101
St. Louis
do
104
San Francisco
do
Instalment sales, New England dept. stores
15.1
percent of total sales..
Stocks, total U. S., end of month:
66
Unadjusted
1923-25=100..
69
Adjusted
do
Mail-order and store sales:
Total sales, 2 companies
thous. of dol_, 101,512
42, 692
Montgomery Ward & Co
do
58, 820
Sears, Eoebuck & Co
do
Rural sales of general merchandise:
119.4
Total U. S., unadjusted
1929-31=100..
120. 4
East
do
121. 2
South
do
110.2
Middle West
do....
150. 5
Far West
do
146. 0
Total U. S,, adjusted
do
151.1
East
do
168.1
South
do
133. 6
Middle West
do
163. 4
Far West
do
' 3, 469
'200
3,789
201
24,123
2, 014
4,219
202
8,163
202
3,083
202
3,134
202
4,069
202
3, 585
203
4,300
203
4,398
202
202
25, 810
2, 015
4, 090
202
26, 530
2, 018
26, 948
2,019
52, 333
2,020
20, 512
2,017
22,117
2, 015
27, 545
2.016
23, 774
2, 014
26, 067
2,015
26,020
2,015
24, 507
2,013
7,210
494
8,235
495
8,733
495
9,316
494
18, 868
491
5,931
492
6,109
492
8,101
492
7,620
492
8,787
492
8,911
492
20, 679
1,548
26,143
1,552
28.722
1, 553
28, 215
1,554
43,216
1, 551
18, 292
1, 554
16, 032
1,557
21, 469
1,560
21,181
1,562
23, 599
1,562
24, 737
1,568
20, 882
1,568
16.8
43.6
69
98
55
77
73
83
79
89
67
50
86
70
94
89
112
17.2
44.0
97
118
83
102
96
115
90
116
97
74
17.7
47.0
99
122
85
98
98
116
94
116
104
SO
132
96
103
90
110
89
91
103
97
91
69
85
99
106
125
88
99
107
117
88
97
115
95
131
102
105
95
114
90
100
104
94
97
78
87
100
18.0
44.5
168
206
140
164
171
195
154
160
172
139
217
156
179
96
119
98
100
113
105
95
76
94
104
17.0
48.2
71
83
60
75
70
86
67
81
74
52
84
09
80
92
10S
94
93
113
102
94
72
87
98
17.2
44.6
71
100
53
74
73
91
70
70
69
53
83
73
83
89
115
92
93
107
97
86
70
85
99
17.9
45.4
86
123
69
92
86
110
87
93
82
69
110
91
95
89
120
94
91
112
90
89
71
92
102
17.8
46.5
86
104
71
91
90
99
85
100
83
65
105
90
90
89
111
92
88
103
101
90
69
92
96
17.3
46.8
89
114
74
93
94
105
86
100
85
74
120
88
95
87
115
92
87
105
100
88
74
88
99
16.5
45.9
87
98
75
92
93
90
76
97
89
73
112
82
88
91
115
94
95
102
97
92
75
89
97
16.4
45.4
64
81
51
65
67
76
66
73
67
50
83
66
83
91
118
92
92
108
103
94
73
95
101
12.4
10.4
6.6
11.1
11.9
10.1
9.5
9.6
7.5
10.0
64
68
61
68
68
71
71
70
71
69
70
68
64
67
61
68
70, 532
29, 984
40, 548
71, 366
30, 530
40, 836
89. 741
38, 842
50, 899
102, 228
45, 856
56, 372
111,883
45, 905
65, 978
106,417
43,104
63,313
88, 565
37, 213
51, 352
102.3
99.2
120.7
96.6
108.4
134.5
130.6
152. 6
126. 3
147.5
107.0
106.0
136.9
96.8
114.8
132.3
129.6
150.1
121.8
155.1
119.9
120.0
151. 6
110. 9
120.2
136.6
133.6
167.9
125.1
146.0
115.3
115.2
134.4
105.1
127.0
125.4
120.8
152.5
112.5
142.2
122.8
126.3
135.8
114.0
138.4
133.8
137-. 3
160.1
120.4
153.9
125.5
133.1
132.6
116.4
146. 7
137.7
145.0
164.9
123.3
153.9
96.4
95.7
102.6
88.1
121.9
132.1
134.4
151.1
119.4
148.6
107
102
90
67
94
100
15.5
us
98
98
91
109
98
92
104
104
93
74
92
95
11.1
I
65
67
69
5?!
87, 257 107. 493 122,191
71 j 148,447
38, 998 44, 743 54. 945 108,095 I 66, 020
82, 427
48, 259 62, 751 67,246
47,764
60,330
211.7
107.2
160.3
132.6
159.7
105.8
155.4
229. 2
126.4
167.0
111.7
215.4
236.4
165.6
208.2
99.1
143.9
190.1
116.3
142. 8
134. 6
166. 5
242. 8
162. 3
164. 7
132. 4
131.1
123.4
125. 4
122.7
132.7
120.7
128. 6
137.7
129. 5
155.0
145. 4
150. 0
157. 4
151.6
120.1 I 113.5
113.3
121.9
108. 9
146.1
138.7
138.7
148.8
135. 8
EMPLOYMENT CONDITIONS AND WAGES
EMPLOYMENT
Factory, unadjusted (U. S. Department of
Labor)
1923-25=100..
Durable goods
do
Iron and steel and their products, not including machinery
1923-25=100..
Blast furnaces, steel works, and rolling
mills
1923-25=100,,
Hardware
do
Structural and ornamental metal work
1923-25= 100, _
Tin cans and other tinware
do
Lumber and allied products
do
Furniture
.
do
Lumber, sawmills
do
Machinery, excl. transp. equip
do
Agricultural implements (including tractors)
1923-25= 100._
Electrical machinery, apparatus, and
supplies
1923-25= 100
Engines, turbines, water wheels, and
windmills
1923-25=100,,
Foundry and machine-shop products
1923-25=100..
Machine tools*
do
Radios and phonographs
do
Metals, nonferrous, and products
do
Brass, bronze, and copper products.do
r
100.2
89.8
103.6
96.1
103.8
98.2
104.1
100.0
101.4
97.4
101.4
96.6
100.8
96.4
99.6
96.0
99.0
96.5
99.4
97.0
99.5
••95.6
92.3
97.2
106.8
111.1
111,4
108.3
106.7
103.5
101.7
101.9
103.7
' 106. 2
97.0
75. 6
101.1
94.2
115. 1
99.7
121. 8
106.4
123. 3
105. 6
120.9
103.5
117.4
101.3
111.5
98.8
108.4
98.1
109.1
95.9
114.3
81.6
'119.0
79.8
107.9
70.6
91.1
63.7
119.3
71.5
107. 4
68.7
87.5
62.7
96.8
73.8
107.0
70.0
90.7
63.4
100.3
76.3
105.7
72.4
94.6
65. 5
106. 6
76.0
100.6
73. 0
96.8
65. 5
111.0
75.4
95.4
71. 1
94.8
63.3
113. 1
73.4
93.6
67.3
90.3
59.5
112.4
71.6
92.7
66.7
89.0
59. 1
113.1
70.3
93.7
66.8
88.7
59.5
113.1
70.0
94.8
66.9
86.4
60.3
113.6
71.1
95.6
68.0
87.3
61.9
113.9
73.5
102.8
68.3
88.1
61.9
115.1
'76.0
' 105. 9
'68.2
r
87.7
' 61. 5
r
116.1
131.2
114.4
116.1
117.8
124. 6
130.9
135.2
141.1
143. 6
141.4
139.6
137.3
' 130.6
107.0
87.8
92.2
97.3
100.4
102.6
101.7
101.6
101.7
101.5
101. 9
103.3
' 103.8
174.9
96.8
99.2
105. 2
109.8
119.8
125.3
133.0
134.5
140.2
148.9
158.1
' 167. 5
100. 5
237.7
157. 3
113.8
139.0
84.1
140.3
135. 9
94.7
107.7
85.8
156. 2
150. 1
100.3
115.2
91.2
170.6
176. 5
110.4
131.1
95.4
183. 9
179. 7
113.5
137.4
97.2
192. 2
162. 3
112.9
137.7
97.2
196.8
136. 4
109. 8
135.7
97.6
204. 8
126.3
107.2
128.3
97.2
211.0
121.7
107.1
128.7
97.2
216.3
128.3
105. 6
125.8
96.5
221.1
136.5
105.3
125. 5
96.9
229.1
141.0
' 106. 6
127.1
103. 5
99.4
96.3
83.9
110.6
122.1
95.1
Revised.
* Preliminary.
>
fRevised scries. Department store sales in Atlanta district revised beginning 1919; data not shown above will appear in a subsequent issue.
•New series. For data beginning 1923, see table 39, p. 15 of this issue.
263113—40
4
'
'
'
'
'98.0
235. 2
143.4
106. 9
129,7
26
SUEVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
October 1940
1940
1939
August
September
October iNov
ber
December
January
February
March
April
May
June
July
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory, unadj. (U. S. Dept. of Labor)—Con.
Durable goods—Continued.
77.7
85.5
75. 5
80.5
84.4
84.8
83.6
82.0
Stone, clay, and glass prod. _-1923-25=100. _
81.7
82.9
57.0
52.9
54.4
58.0
64.4
64.8
64.7
62.6
60.9
61.8
63.2
63.1
Brick, tile, and terra cotta
do
105. 6
102.5
105.3
108.1
106.
9
109.3
108.5
106.2
104.4
98.5
100.9
104. 9
Glass
do
115.5
114.8
115.4
103.4
105.3
102.
9
116.5
115.0
75.2
117.0
' 112. 3
Transportation equipment
do
97.0
2, 872. 2 1,413.5 1 , 4 6 6 . 5 1, 556. 4 1, 749.5 1.886.0 2 , 0 2 9 . 7 2 , 0 4 1 . 5 2 , 0 9 6 . 2 2,166.0 2, 3 2 8 . 2 2 , 5 1 8 . 7
Aircraft*
do
115.8
113.1
112.0
87.9
107.8
70.4
102.
3
118.1
109.8
' 104. 9
98.7
114, 4
Automobiles
do
137. 5
142.7
152.8
180.2
133. 6
121.5
132.9
139.4
158.2
129.0
Shipbuilding*
do
150.7
162.8
105.3
106.1
103.0
107. 4
110.8
108.1
109.2
101. 5
110.2
108.0
105.1
' 101. 8
Nondurable goods
do
Chemical, petroleum, and coal products
121.0
123.4
109.2
122.3
122.6
121.0
120.8
122.3
122.8
118.0
119.1
1923-25= 100..
119.4
135. 8
.133. 6
137.7
135.
2
136.2
137.6
136.1
135. 6
138. 3
Chemicals
do
119.1
123.6
141.2
123. 5
125.1
124.2
124.4
125.9
125.1
123.2
123. 5
126.4
Paints and varnishes
do
122.1
122.1
123.8
121.6
122.7
121.1
121.8
123.7
122.3
120.9
121.3
Petroleum refining
do
122.7
123.1
128.2
122. 3
313. 5
310.2
313.4
305.8
304.3
312.
2
309.0
313.3
Rayon and allied products
do
255.1
300.2
306. 0
307.7
119.5
137.7
119.7
118.8
129.8
Food and kindred products
do
147.0
126.
0
118.8
129.7
144. 3
150.7
rl21.7
141.4
148.0
142. 5
143.1
146.9
146. 5
142.3
'144.8
Baking
do
146. 5
148.0
144.8
147.0
111.8
102.7
103.6
107.4
112.1
100.2
107.9
108.6
Slaughtering and meat packing
do
106. 7
101.3
105.
7
108,2
93.2
97.4
100.7
96.2
99.3
98.2
94. 2
92.1
91.9
Leather and its manufactures
do
97.8
86.8
86. 8
89.0
95.8
98.3
93.1
01.2
94.1
90.8
96.5
97.7
Boots and shoes
do.
100. 3
84.6
84.8
115.1
115.0
116.5
117.5
113.8
113.2
118. 5
114. 6
114.4
Paper and printing
do_
110.9
115. 0
114.
5
115. 2
114.1
116.7
113.6
115.1
112.0
113.0
112.6
Paper and pulp
do.
107.0
108.8
115.2
116 2
85.7
92.4
93.0
84.7
93.9
90.0
88.0
87.2
Rubber products
do.
82.6
86.0
••83.8
' 83. 4
74.5
69.7
73.6
74.7
73.6
73.0
Rubber tires and inner tubes
do_
68.3
70.0
72 3
69.0
' 68. 5
70.5
98.8
108.0
107.7
103. 5
105. 5
Textiles and their products!
do.
104. 3
105.
6
102." 9
96.0
103.
2
93.7
99.9
88.3
93.3
98.6
100.7
95.9
95.5
87.0
93.0
98. 5
85. 7
90.7
90.5
Fabricsf
do.
118. 6
124.7
116.9
116.1
' 112.2
122.1
' 107. 9
124.8
118. 7
126. 6
117.0
Wearing apparel
do.
63.8
66.4
66.6
65.8
59. 0
64. 9
66. 4
66. 7
61! 7
63.6
62 2
64. 6
Tobacco manufactures
do.
99.2
95.9
104. 5
103.9
97.5
101. 2
103.4
102.1
100.4
99.2
100.2
103. 5
Factory, adjusted (Federal Reserve)
do
95. 0
85.3
88.9
97.3
99.7
94.6
100. 0
97.4
95.2
101.4
95.9
96.2
Durable goods
do
Iron and steel and their products, not
101.2
110.4
92.5
96.4
112.1
100. 8
103. 7
110.8
107.0
105. 9
including machinery
1923-25= 100. _
102.7
110.9
Blast furnaces, steel works, and rolling
115
122
122
124
107
109
117
mills
1923-25=100,.
110
101
115
123
99
104
95
106
95
106
101
Hardware
do
97
82
Structural and ornamental metal work
71
69
75
76
76
71
1923-25= 100.
71
73
77
98
98
103
103
97
Tin cans and other tinware
do.__
97
100
101
100
99
100
98
72.2
67.2
66.4
72.4
Lumber and allied products
do...
67.4
67.9
69. 4
72. 0
70.0
67.4
68.1
68.4
90
86
Furniture
do-_.
87
93
93
89
91
90
94
90
90
90
60
60
Lumber, sawmills
do...
61
66
66
63
63
61
65
60
61
61
Machinery, excl. transp. equip
do
97.3
112.9
99.8
105.7
113. 4
110. 6
120.1
113.4
113.6
113.4
114.9
113.3
Agricultural implements (including tractors)
1923-25=100..
125
133
121
123
128
131
139
133
137
130
136
136
Electrical machinery, apparatus, and
supplies
1923-25=100..
102
92
100
103
108
103
102
103
102
101
Engines, turbines, water wheels, and
116
134
99
windmills
1923-25=100..
108
124
175
133
134
152
132
142
Foundry and machine-shop products
85
95
91
97
1923-25=100 _
86
97
101
98
98
146
220
Machine tools*
do.-.
170
209
228
183
155
191
215
248
197
204
155
Radios and phonographs
do....
126
145
145
144
160
129
153
153
146
144
144
Metals, nonferrous. and products do__.
96.2
106.0
106.
6
107.0
108.1
110.1
99.2
111.3
105. 9
115.
6
111.7
107. 5
Brass, bronze, and copper products.do___
124
109
130
127
128
137
115
138
140
137
128
Stone, clay, and glass products
do___
78.9
79?8
79.8
78.1
81.9
85.0
80.0
79.0
85. 4
81.7
85.8
80.8
59
Brick, tile, and terra cotta
do...
64
58
57
61
59
58
60
59
65
66
61
109
104
Glass
do..__
103
103
99
106
105
108
100
109
111
103
Transportation equipment
do.. _ _
109.7
109.9
88.3
105. 0
109.8
101. 3
111.1
119. 8
99.5
112. 6
113.1
110. 8
2, 1 2 4
2,260
2, 4 4 5
Aircraft*
do...
1.767
1, 414
1, 6 0 5
2, 075
2,872
1,512
1, 9 0 5
2, 050
2, 0 6 2
102
106
105
Automobiles
do
100
88
108
no
107
102
112
111
107
164
154
Shipbuilding*
do. _ .
133
148
125
185
132
148
128
139
140
146
104.1
109.2
103.1
Nondurable goods
1923-25=100.
103. 3
105.
105.9
107. 6
104.8
105. 7
108. 9
107.9
106. 6
Chemical, petroleum, and coal products
122 2
119. 9
121.4
120. 6
122.6
111. 9
121. 3
121.9
120.0
121.1
122. 2
116. 4
1923-25 = 100.
137
119
132
138
138
138
138
140
122
137
137
136
Chemicals
do. _ _
121
125
126
123
125
126
127
124
122
126
124
123
Paints and varnishes
do_._
122
122
122
122
122
122
122
122
123
123
123
122
Petroleum refining
do...
254
306
311
297
309
311
310
309
315
310
304
312
Rayon and allied products
do___
129.7
131.4
129.1
128.1
126. 9
130.7
130. 8
131. 9
128.9
129.6
128.8
130.
3
Food and kindred products
do.. _
146
145
146
145
146
140
144
144
146
145
144
145
Baking
do._.
102
101
108
107
103
108
109
109
108
106
107
110
Slaughtering and meat packing do_._
96.9
97.4
87.9
89.1
96.8
97.4
97.3
95. 4
89.6
99.1
91.9
93.8
Leather and its manufactures
do_ _.
96
96
95
86
96
96
88
08
94
90
93 j
Boots and shoes
do___
112. 0
116.1
115.
3
112.8
115.0
115.
7
115.7
116.4
115. 5
114.
7
114.8 ! 1 1 4 . 3
Paper and printing
do_._
107
109
117
115
116
115
114
112
115
114
113 '
Paper and pulp
do...
113
83.6
92. 4
84. 3
86. 7
86.1
93.1
90.2
83.9
83.8
91.2
86.7
Rubber products
do _. .
87.9
68
71
75
70
69
70
74
74
72
Rubber tires and inner tubes
do...
68
73
96.8
107. 5
96.6
96. 3
103. 4
105.'
8
106.0
104.4
99.1
Textiles and their products!
do._.
104.6
102.7
101. 3
96.9
88. 0
99.7
87.8
87.7
93.9
97.7
95. 0
88.6
Fabricsf
do. _ _
95.2
93.1
112. 4
120.4
121.6
112.4
111.6
120.4
120.4
121.3
118.8
116.3
121.4 I
120. 0
Wearing apparel
do. _.
65.2
63.1
65. 0
63.2
64. 2
64. 3
62 7
Tobacco manufactures
do.. _ _
6"
65.2
64, 4
64.7
63.5
Factory, unadjusted, by States and cities:
State:
98.
100.9
107.
7
93.7
99.9
98. 6
98.
97.
96.1
98.9
Delaware
1923-25=100.
98.
96.9
85. 5
80.2
86. 0
87.
80.7
82.3
87.
86.
85. 9
84.
84.7
Illinois
1925-27=100.
85.4
132.4 |
140.
137.6
137.
135.7
Iowa
1923-25=100.
137.3
129. 3
129.4
130.
134.
136.
5
134. 6
104.8 !
105.
105.
104. 0
106. 4
110.8
Maryland
1929-31 = 100 _
90.5
104.
105.2
105.
106. 0
101.5
82.5
80.7
82.
74.6
7.6
80.
78.0 i
76.
74.9
Massachusetts
1925-27=100.
79.9
79.0
81.
105.0 j
103. 5
107.
105. 6
97.7
103.7
New Jersey
1923-25=100
111
100. 1
106.
103.
103.
103.8
84.0
90 9
90.6 !
88. 5
New York
1925-27=10093. 0
87. 5
91.
91.
89
91.5
I
89.
88.4
95.3
91. 1
97.6
87. 2
95.7 j
97.
94.0
97.
94.3
I
Ohio
1926=100
05.
93.
92.7
88.3 j
90.0
89.
82.7
91.
85. 5
Pennsylvania
1923-25=100..
83. 7
91.
88.
85.
84.3
86.8
I
89.4
9F).
92.
92.4
Wisconsin
1925-27 = 100
92.
89 5 I
90.0
00. 9
90.9
!
90.
90.4
91.
" i
City or industrial area:
102.
102. 6
102.6
100.8 ;
101.0
102.7
i
103,
93.8
98. 7
101.
101.
Baltimore
1929-31 = 100.. 1 0 8 . 0
81). 2
77.2
80.
72.2
77.0
74. 3
80.
76.
78.
Chicago
1925-27=100__
78.1 i
77.6
!
78.5
96. 9
95.
94.
101. 3
94.
96.
97.0
82.8
90. 0
Cleveland
1923-25 = 10094.6 I
95.3
t
93. 3
' Revised.
fRevised series. Data for textiles and products and fabrics revised beginning 1933; revisions not shown in the May 1940 Survey will appear in a subsequent issue.
*New series. For indexes beginning 1923 for machine tools and shipbuilding, and beginning 1931 for aircraft, see tables 39 and'lO, pp. 15 and 16 of this issue.
' 82. 6
' 64. 1
' 104. 2
' 97. 6
2,703.3
r
82. 5
' 170. 1
103. 3
'
'
'
'
118.6
140.4
124. 6
122. 9
306.9
'135.5
r 147. 1
'111.1
' 91. 6
' 90. 7
^ 114. 7
'
117.0
'83.5
69.3
94.5
' 88. 0
' 104. 9
' 62. 4
101.
4
' 107. 3
'120
'75
100
'67.5
89
60
' 116.
6
'133
104
165
98
' 238
' 145
' 110. 7
' 132
'81.5
60
' 106
' 108. 7
' 2, 6 7 7
' 9 7
'175
105. 2
' 121.9
138
124
122
308
' 129.
0
146
111
'90.9
'89
' 116.
4
' 117
' 84. 7
09
100.2
' 91. 3
' 116.1
' 62. 8
' 99. 3
86.9
136.2
' 108. 9
77. 7
106. 0
88. 0
'94.2
' 87.0
99. 3
' 105. 7
78. 7
97.7
October 1940
27
SURVEY OF CUKKKNT BUSINESS
Monthly statistics through December 1939, to1940
gether with explanatory notes and references I —
to the sources of the data, may be found in the
1940 Supplement to the Survey
1940
September
August
October
January
X"(u etn- 'He comber
ber
February
March
April
May
June
July
EMPLOYMENT CONDITIONS AND WAGES—Continued
EMPLOYMENT—Continued
Factory, unadjusted, by States and cities—Con.
City or industrial area—Continued.
i
Detroit
1923-25 = 100. ..|
93.4
Milwaukee
1925-27=100,. | 101.4
New York
do
j
97.1
Philadelphia
.1923-25 = 100,.!
87.3
Pittsburgh
do
|
93.2
Wilmington
do
j
88. 8
Nonmanufaeturing, unadjusted (IT. S. Depart- J
ment of Labor):
|
Mining:
j
Anthracite
1929-100,50.3
Bituminous coal
do
86.6
Metalliferous
do
j
71.5
Crude petroleum producing
do
;
63.4
Quarrying and noninetallic
do
j
48.8
Public utilities:
j
Electric light and powerf
do
I
92.9
Street railways and bussesf
do
I
68.4
Telephone and telegraphf
do
I
78. 6
Services:
"
j
Dyeing and cleaning
do
I 105. 9
Laundries
do
! 102.8
Year-round hotels
do
j
90.6
Trade:
j
Retail, totalf
do_-__|
88.4
General merchandisingt
do
|
88.9
Wholesale
I
do____|
90.0
Miscellaneous employment data:
Construction, Ohio
1926=100-.
Federal and State highways, t o t a l . . . n u m b e r . _
Construction (Federal and State)
do
Maintenance (State)
do
Federal civilian employees:
United States
do
District of Columbia
do
j
Railway employees (class I steam railways):
Total
thousands
Indexes:
Unadjusted
1923-25=100-Adjusted
do
LABOR CONDITIONS
Average weekly hours per worker in factories:
Natl. Ind. Con. Bd. (25 industries),_hours-_.
U. S. p e p t . of Labor (90 industries)
do
Industrial disputes (strikes and lockouts):
Beginning in month
number- _
In progress during month
do
Workers involved in strikes:
Beginning in month
thousands__
In progress during month
do
Man-days idle during month
do
Employment security operations (Soc. Sec. Bd.):
Placement activities:
Applications:
5 212
Active
file
thousands. _
1,274
New and renewed
do
331
Placements, total
do
280
Private
do
Unemployment compensation activities:
5,906
Continued claims
thousands. _
Benefit payments:
v 1, 089
Individuals receiving payments §.__do
Amount of payments,
thous. of dol.. 51, 697
Labor turnover in infg. establishments:
6.63
Accession rate ..mo." rate per 100 employees..
3.00
Separation rate, total
do
.16
Discharges
do
Lay-offs
do
i. m
Quits and miscellaneous!
do
1.21
PAY ROLLS
Factory, unadjusted (U. S. Department of
103.7
Labor)
1923-25 = 100..
104. 9
Durable goods
do
Iron and steel and their products, not in113.6
cluding machinery
1923-25 = 100,.
Blast furnaces, steel works, and rolling
124.9
mills
1923-25 = 100..
Hardware
do
106.6
Structural and ornamental metal work
1923-25 = 100-72.6
Tin cans and other tinware
do
121.3
Lumber and allied products
do
67.8
Furniture
do
81.7
Lumber, sawmills
do
61.3
Machinery, excl. transp. equip
do
131.6
Agricultural implements (including tractors)
1923-25 = 100 .
152.0
Electrical machinery, apparatus, and
supplies
1923-25 = 100. -1
125. 6
Engines, turbines, water wheels, and i
windmills
1923-25 = 100-_
238. 6
Foundry and machine-shop products
1923-25 = 100..
101.4
Machine tools*
do
j 302. 5
Radios and phonographs
do
I 149.7
107.1
98.0
95. 3
83. 7
79. 2
79. 9
102. 4
96.2
97.8
88.1
87.9
86. 9
105. 9
102.7
95. 9
87.7
92. 1
89.6
112.1
104.0
95.1
86.9
93.4
90. 0
104.9
101.6
92.1
85. 5
92.0
89.0
110.7
97.2
95.9
86.6
90.0
88.0
110.3
99.9
98.4
84.7
88.4
88.6
108.8
99.1
93.7
83.7
86.1
90. 0
102.6
99.4
91.1
82.0
86.2
89.9
96.0
100.0
88.4
83.0
89.6
89. 6
64.1
97.5
86.2
' 84. 5
'91.1
' 87. 5
48.5
81.4
60.4
66. 7
48.1
49.4
85. 4
62.9
65. 0
47.9
51.9
93.0
65.3
64.3
48.0
51.3
94.9
66.5
63.8
47.1
51.0
92. 6
67.3
63.8
44.0
51.5
91.8
66.4
63.2
37.8
52.0
91.7
66.3
63.0
38.3
52.6
89.7
66.2
' 63. 2
41.0
51.6
86.2
67.7
' 63. 1
44.5
52.2
85.1
69.2
63.3
46.9
50.2
' 83.8
'70.3
63.8
'47.9
50.8
84.9
70.6
63.7
47.9
90.6
69.2
76.6
90.6
69.2
76.4
90.4
69. 5
76.5
90.3
69.3
76.1
90.1
69. 0
75.8
89.1
68.8
76.1
89.2
68.7
75.9
89.3
68.2
76.0
90.3
68.3
76.7
90.6
68.4
77.3
'91.2
' 68. 5
'77.8
92.5
68.5
78.9
102.7
99.1
89.8
105. 2
97.8
91.3
105.1
96. 0
92. 9
97.8
95. 6
91.8
97.4
95. 6
90.8
94.0
96.0
91.3
93.7
95.8
92.1
99.5
96 2
92^0
104. 5
97.2
92.7
108. 7
99.1
93.4
'112.6
' 102.1
'92.0
108.0
102.4
89.5
86.3
86.3
89. 0
90. 5
95. 8
90. 5
91.7
98.9
92.4
93.3
105. 9
92.1
104.2
146.4
92.2
87.7
89.3
90.6
87.0
87.9
90.2
91.1
96.4
90.5
89.8
92.9
89.3
91.2
95.1
88.9
'91.9
' 96. 2
'89.6
89.4
90.3
89.7
'47.7
274. 949
142, 788
132,161
18.0
277, 703
142, 868
134, 835
47.9
262, 760
133, 904
128, 856
44.2
227, 233
112,816
114,417
41.3
185, 661
81, 845
103, 816
31.6
145, 707
42, 960
102, 747
31.1
163, 592
43, 267
120, 325
31.2
164, 726
60, 417
104, 309
35.7
205,164
93, 726
111,438
42.9
258,162
131, 970
126,192
935.582
124, 739
940, 040
125, 906
936, 409
126, 518
934, 998
126, 380
987, 857
127, 502
938,403
127, 418
939,015
127, 771
945, 836
128, 643
959,146
129, 677
977, 990 '1,010,519 1,023,341
130, 937 '133,854 138,487
1, 022
1, 039
1,075
1,058
1,029
1,008
1,014
1,006
1,004
1,032
1,055
1,071
56. 3
54.9
57.1
56.0
59.1
57.5
58.2
57.8
56.5
57.9
55.4
57.7
55.7
57.9
55.2
56.8
55.1
55.6
56.7
56.0
'58.0
56.7
58.8
57.3
37.9
38.0
38.2
38.0
39.0
39.1
39.1
38.5
39.1
38.6
38.7
37.4
38.0
37.3
37.7
37.5
37.6
37.2
37.5
37.2
38.0
37.5
38.1
37.3
275
448
197
373
205
356
178
317
106
222
116
210
••148
'240
' 150
'254
' 198
'292
197
'305
'168
'254
»200
»296
80
119
1,101
37
104
892
107
140
1,508
43
130
1,665
12
37
384
25
40
239
28
37
282
21
42
'377
'37
50
'430
50
74
'648
'35
'52
'459
5,790
1,297
336
254
5, 682
1,287
352
287
5,466
1,329
366
308
5,629
1,415
289
249
5, 746
1,290
265
235
6,079
1,601
221
196
5, 920
1,304
203
184
5,025
1,351
243
218
5, 682
1,515
295
259
5,724
1,328
350
304
' 5, 734
1,318
330
288
5,565
1,401
308
'260
5, 338
3, 970
3,534
3,820
4,204
6,063
5, 825
5,670
6,614
' 7, 253
' 6, 525
7,291
797
44, 491
730
33, 656
502
26,690
637
28, 369
658
30,471
877
40,996
985
44, 328
1,095
47,130
961
42, 286
1,201
54,879
1,269
53,618
1,220
55,741
5. 06
3.01
.14
2.05
.82
6.17
2.79
.14
1.58
1.07
5.89
2.91
.17
1.81
.93
4.10
2. 95
.15
1.97
.83
2.84
3.46
.12
2.65
.69
3.74
3.43
.14
2.55
.74
2.98
3.56
.16
2.67
.73
2.94
3.46
.15
2.53
.78
3.05
3.66
.13
2.69
.84
3.36
3. 78
.13
2.78
.87
4.76
3.36
.14
2.32
.90
4.77
3.35
.14
2.25
.96
89.7
81.5
93.8
87.8
101. 6
99.6
101. 6
100.9
103.7
104.6
98.3
98.2
97.8
96.7
98.2
97.6
96.3
97.2
96.3
97.5
97.9
' 100.0
' 96. 5
'96.0
88.0
92.8
106.2
100.9
94.9
'97.2
102.8
' 104. 3
92 7
80.1
95.3
113. 9
123.6
109.6
127. 3
118.6
129.2
117.0
119.3
108.9
110.2
100.9
101.8
104.7
98.6
104.0
103.1
101.9
113.9
85.8
'116.2
'85.7
63.9
114.9
62.9
75.5
56.8
96.9
63.3
117.4
63.5
78.1
56.5
100.9
68.3
111.3
68.7
84.9
61.6
111.0
67.1
105. 4
68.8
86.2
60.8
117.1
67.2
100.4
65. 2
85.5
55.4
122.1
62.6
96.9
58.8
74.6
51.1
119.1
60.3
93.0
60.0
76.8
52.0
119.3
59.5
99.6
61.0
77.7
53.3
121.5
61.2
101.0
61.4
74.2
55. 4
121.6
61.7
100.9
63.3
74.8
58.3
122.3
64.8
113.5
63.6
75.9
58.1
125.1
' 67. 6
'113.4
' 60. 7
'74.3
'53.9
' 125. 7
124.0
125.0
131.3
140.5
151.5
155.8
163.8
167.9
166.1
164.0
157.8
' 148.9
93.4
98.4
105. 7
109.6
112.4
111.6
113.8
112.7
114.3
118.3
' 118.1
113.5
116. 2
129.2
139.1
161.8
171.6
175.7
183.1
193.8
210.7
' 223.8
78.4
160. 9
122.8
80.2
181. 8
139. 0
89.5
207.6
169. 6
94.3
237. 8
170.3
95.2
258.5
121.7
94.2
270.7
113.0 1
95.7
281.6
109.5
95.4
287.1
116.0
94.6
289.7
126.9
95.8
302.9
134.0
'96.3
'308.0
' 138.5
89.4
94.3
91.1
83.1
76.4
75.6
i
!
I
i
j
j
47.6
286,100
152,049
134,051
'49.4
301,773
165, 528
136, 245
i
114.2 |
156.6
98.6
256.2
148.8
' Revised. * Preliminary. ^Designation changed from "quit" as separations such as deaths, permanent disabilities, retirements on pensions, etc., are included.
>
§Beginning 1940 data are a weekly average of the number receiving benefits, based on an average of the weeks of unemployment compensated during weeks ended within
the month.
fRevised series. Telephone and telegraph employment indexes revised beginning 1932, other indicated employment series beginning 1929; see table 19, p. 17, of the April
1940 Survey; subsequent revisions in indexes for street railways and busses beginning 1932, superseding those shown in the April Survey, appear in table 27, p 17 of the May
1940 issue.
*New series. See note marked with an " * " on p. 26.
28
SURVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
EMPLOYMENT CONDITIONS AND WAGES—Continued
PAY ROLLS—Continued
Factory, unadj. (U. S. Dept. of Labor)—Con.
Durable goods—Continued.
116.9
88.
Metals, nonferrous, and prod. 1923-25=100..
96.5 ! 113.6
161. 6
110.
Brass, bronze, and copper products-do
122.8 ! 154.1 |
80.3 I
76. 5
71.
Stone, clay, and glass products
do
71.7 !
56.6 !
53. 6
50.
Brick, tile, and terracotta
do
50.4 !
102.
Glass
do I 117.4
105.0 | 121.2 |
......
10Q.9 I
78.
Transportation equipment
do I 112.3
99.5
1 361. 6 ! 1, 512.1 !
Aii craft*
do i 2, 972. 5 1,380.
97.1
75.
102.9 | H3. 3 |
Automobiles
do !
128.
134.8 i H3.6
Shipbuilding*
do j 209. 5
102. 4
100.5 i 103.9
Nondurable goods
do
Chemical, petroleum, and coal products
119.0
133. 3
135. 0
1923-25=100124.6
136.3
157.9
171.0
Chemicals
do
139. 7
125. 6
134.6
132.2
Paints and varnishes
do
127. 5
135.9
140.0
137.6
Petroleum refining
do
134.8
246. 6
303. 0
318.0
Rayon and allied products
do
286. 4
135.1
130. 0
138.1
Food and kindred products
do
139.7
135.3
136. 6
140. 1
Baking
do
138. 8
105. 8
107. 7
112.0
Slaughtering and meat packing
do
107.9
84.6
76.5
77. 2
Leather and its manufactures
do
76.6
82.9
71. 1
75.3
Boots and shoes
do
72.4
103.7
113.8
110.7
Paper and printing
do
109. 3
107.7
125.6
124.9
Paper and pulp
do
113.4
86.3
101.9
90. 2
Rubber products
do
91.0
78.9
90.6
80. 2
Rubber tires and inner tubes
do
82.7
88.1
93.5
87.2
Textiles and their products!
do
86. 5
80.2
88.0
80.9
Fabrics!
do
81.0
98.3
98. 7
94.3
Wearing apparel
do
99 i
62.7
63.4
63.0
Tobacco manufactures
do
62.9
Factory, unadjusted, by States and cities:
State:
92 1
79.7
100. 8
Delaware-.
1923-25 = 100..
86.7
77.9
70.3
80.1
Illinois
_
1925-27 = 100. _
71. 7
126. 9
110.2
Maryland
1929-31 = 100.. 133.9
117. 5
76. 5
77.7
71.3
Massachusetts
1925-27 = 100..
73.3
104.3
113.2
91.8
New Jersey
1923-25=100..
94.2
87.4
92 4
80.2
New York
1925-27=100..
82.4
88.7
88. 0
'74.5
Pennsylvania
1923-25=100..
74.9
96.2
103.4
91.6
Wisconsin
1925-27=100
90.1
City or industrial area:
126.2
135.5
114.0
Baltimore
1929-31 = 100_.
118.3
67.4
70.3
61.3
Chicago
1925-27=100
62 8
103. 4
108.7
98.1
Milwaukee
do...
96.4
90. 1
93.9
85.5
New York
...do
86 4
85.6
88.7
79. 1
Philadelphia
1923-25 = 100.
79.7
92.7
96.0
72.0
Pittsburgh
do....
72.6
81.7
86.1
67.7
Wilmington
do
73.7
Nonmanufacturing, unadjusted (U. S. Department of Labor):
Mining:
52.2
33.1
Anthracite
1929=100..
33.8
40. 1
97.6
83.3
Bituminous coal
do 80.2
74.6
69.1
63. 4
Metalliferous
do.
55. 1
53. 0
59. 1
58. 8
Crudc petroleum producing
„
do.
62.0
60. 8
45.0
45.6
Quarrying and nonmetallic
do
42.9
42.7
Public utilities:
102.0
102.2
107.6
Electric light and power!
do.
102.2
71.2
70. 3
69.8
Street railways and bussesf
do.
69.2
100.8
96.3
Tclephone and telegraph!
do.
96. 9
97.2
Services:
77.3
78.0
73.0
78.3
Dyeing and cleaning
do.
83.9
9o. a
85.9
84. 5
Laundries
do.
82.2
80.9
79.2
80. 4
Year-round hotels
do.
Trade:
83.2
81.3
78.0
80. 9
Retail, total!
do
88. 5
78.6
81. 1
85. 3
General merchandising!
do.
80.3
76.2
78.7
78.0
Wholesale
do.
115.4
157.0
78.9
54. 3
121.0
105. 6
718.0
1,
106. 0
141.0
102.4
116.5
108.7
158.9
150.3
76.4
66.9
51.6
43.4
118. 9
113. 1
124. 1
118.3
777 9 1, 900. 6
'l27! 9
119.9
152. 0
148.0
102.8
98.4
103.4
136. 4
65.3
39.6
108.3
118.6
1,881.2
119. 1
149.9
99.1
104.8
137.2
68.3
103.1
133.0
72.2
41.5 I
45.2
112.8
114.2
124.3 ! 122. 6
2, 010. 8 2, 062. 7
122. 9
121.2
169. 3
169.4
99.0
95.4
103.6
134.2
74.6
49.2
112.0
116.6
2,212.6
111.1
180.4
94.9
105. 8
140.8
73.4
51.1
111.0
118. 8
2. 514. 0
• 112.0
185. 8
95.5
• 105. 8
• 146. 2
' 71. 4
' 51. 8
" 106.2
96 2
, 635. 4
' 80 2
" 193. 4
97.1
- 133.5
r
168.9
' 132.4
r 136. 6
<• 314. 7
r 131.4
r
142 1
r 117.6
76.4
74.6
111.2
' 126. 4
r g5_ o
'77.4
133.1
161. 5
131. 5
137.9
310. 4
125. 3
136. 9
112.7
71.1
64.6
114. 2
124.6
99.8
85.9
92.7
91.6
89.2
62.9
133. 4
162. 3
130. 5
137.6
314.0
124.4
134. 1
121.5
75.4
70.2
116.8
122. 5
100. 5
89.9
91.6
89.5
90.2
62.3
131. 0
159. 8
128.5
133.5
320.4
117.0
131. 1
118.9
82.3
79. 1
110.0
117.6
94.1
85. 6
87.5
84.8
87.5
52.9
131.4
159. 7
128.3
134.4
321.3
115.5
132. 4
110.9
82.6
80.2
108. 6
116.9
88.3
80.6
91.3
84.2
99.8
54.0
132.5
159. 3
130. 5
135. 8
316.0
117.1
134.4
111.5
80.3
78.2
110.0
115. 1
88.3
79.0
89.5
78.5
105.7
58.1
133. 4
159.6
131.9
136.9
311.1
117. 7
134.3
109. 5
70.7
66.6
109. 7
115. 4
86.5
78.1
81.4
75.2
88.7
58.7
133.6
161.9
136. 3
136.8
311.4
121.5
137.8
110.4
63.6
58.1
113.1
124. 2
'87.1
79.9
77.9
73.9
81.0
60.7
• 133. 2
165.2
136. 2
137. 1
314.3
129. 0
140.8
114. 7
67.0
62. 7
112.0
126. 2
86.4
77. 5
75. 4
72.5
76.6
66.9
92.9
77.8
127.8
78.0
106. 4
87.8
89.7
99.4
94.9
79.1
127.7
78. 7
105. 7
89.3
90. 1
100.1
91.1
75.7
123. 8
76. 8
100. 6
86.2
84.4
94.7
91.6
75.8
122. 1
74.4
100.0
86.7
81.8
94.7
93.9
75.2
124.7
73.9
102.2
89.2
80.7
96.8
98.1
74.2
124. 1
70.9
101.8
85.0
79.2
96.1
97.0
74.8
126.3
70.3
103.9
85.0
79.0
97.9
98.6
76. 4
128. 7
70.7
107. 5
86.3
' 82. 5
99.9
' 131.4
75.4
106. 6
86.8
'83.4
100.7
128.2
67. 5
109.4
87.4
85.6
96.1
83.7
128.1
69. 4
110.6
88.7
86.0
98. 7
85.7
124.2
66. 9
104.3
84.5
83.8
92.3
82.4
122.8
66. 1
100.1
87.8
83.1
87.3
82.6
126. 6
65 6
104.2
94.9
83.1
85.3
84.7
127.0
64.6
104. 1
86.5
81.8
83.7
88.6
127.4
65.6
105.9
84.5
80.7
85.2
87.1
129. 6
67.3
106. 0
82. 2
84.0
89.3
87.5
' 132. 7
68.5
101.7
80.8
' 85. 2
'89.7
85.8
42.0
96.3
63.9
59. 6
42.9
26.6
84.3
65.0
59.2
39.2
52.5
87.0
63.6
58.4
29.6
32.9
87.0
64.2
59.0
30.8
38.4
78.3
63.2
58.4
34.1
36.3
72.2
63.5
59.0
38.1
40.0
75.3
65.7
58.7
42.7
40.6
' 73. 9
'r 65. 4
58. 8
'43.9
36.4
75. 5
62. 1
59. 1
43.3
102. 5
69.4
96.4
102.4
69. 8
101.6
69. 0
102.2
71.5
96.9
102.3
69.5
98.1
103.3
69.2
98.7
104.2
69.2
98.8
' 104. 8
100.0
105. 5
70. 0
102.4
70.8
82.9
81.8
69. 9
83.7
81.1
65. 5
83.4
81.1
64.4
83.1
82.7
72.7
84. 1
81.8
85.4
88. 5
83.0
89.fi
'92.4
'82.0
79.9
90.1
80.2
83. 6
92.4
79.0
91.8
125.8
79.1
80.8
82.7
77.2
79.1
80.8
77.1
82.0
85.9
77.8
79.6
85. 6
83.2
82.3
85.0
77.4
83.4
86.6
77.4
'84.8
'89.3
'78.4
83.1
84. 5
78.5
O7
A
nr
A
r
' 70. 5
' 7(1 4
' 75. 6
' 62. 3
97.0
WAGES
Factory average weekly earnings:
National Industrial Conference Board (2!
28.49
28.09
28.24
28. 49
27.61
27.66
27.61
27. 67
industries)
dollars..
28. 23
28. 5£
27. 58
28. 16
25. 81
25. 73
26. 26
25. 51
25.46
25. 20
U. S. Dept. of Labor, (90 industries)
do
25. 25
25. 79
25. 33
25.43
29.71
30. 04
28.90
29.41
28.96
28. 60
Durable goods
do—
29.48
28. 52
28^ 18
28.92
28.80
Iron and steel and their products, not in30. 55
30. 71
29.07
27.47
27.50
31. 09
28.17
cluding machinery
dollars.
28.16
29.30
28. 89
Blast furnaces, steel works, and rolling
33.19
33.91
38. 08
28.88
28.73
29.87
29.77
31.53
30. 75
mills
dollars.
29. 69
27.44
26.15
27.13
20' 01
29. 85
Hardware
do...
25. 45
26.13
26.14
25.85
24. 65
Structural and ornamental metal work
28. 52
28.74
27. 27
27.39
28.42
27. 65
28. 87
28.87
28.13
27. (52
28. 56
dollars..
23. 70
23. 82
22'. 82
24.15
23. 46
23.86
24. 80
25. 04
Tin cans and other tinware
do
24. 38
24.20
24.04
20. 18
19.69
19.91
20. 63
19. 10
20.80
20.17
Lumber and allied products
do
19. 05
20.00
20. 22
19. 37
20.91
21. 15
21. 63
19. 05
21. 87
20. 67
20. 95
Furniture
do
20.70
20. 59
20. 28
18. 19
18.49
10.20
17. 73
18. 11
19.32
IS. HO
18. 02
Lumber, sawmills
do
18. 93
19.43
29.67
30.15
30.25 ( 29.74
29. 51
30.41
28. 23 i 20. 20
Machinery, excl. transp. equip
do
29.97
30.11
30. 29
Agricultural implements (including
31.07 !
30.91
31.14
31.42
31.43
31. 37
30.74
tractors)
dollars
29.11
29. 92
30.27
30. 42
28.91
Electrical machinery, apparatus, and
29.89 I 29. 67
29.53
29.98
29.70
30. 52
29.24
30.01
30. 14
29. 34
supplies
dollars.
28.50
i
Engines, turbines, water wheels, and
34.09
34.43
34.10
34.35
34.21
34.49 I
35. 05
32. 48
35. 14
33. 46
windmills
dollars.
31.01
30. 97
Foundry and machine-shop products
29. 43
30.35 I
29 27
27. 86 i 29. 27
28.89 I 29.39
27.78
29.27 ' 29. 29
20.41 I
dollars.
29. 34
23. 47
22.92 i 23.79
22.71 i 22! 12
22.19 I 22.30
22.38
23.61 I
23. 90
Radios and phonographs
do—
22.46
23.09
r
Revised.
!Revised series. Data for textiles and their products and fabrics revised beginning 1933; revisions not shown in the May 1940 Survey will appear in a subsequent
issue. Telephone and telegraph pay-roll indexes revised beginning 1932, other indicated pay-roll indexes revised beginning 1929; see table 19, p. 17 of the April 1940 Survey.
*New series. See note marked with an "*" on p. 26.
SURVEY OF CURRENT BUSINESS
October 194U
Monthly statistics througli December 1939, to- 1940
1939
gether with explanatory notes and references
to the sources of the data, may be fouBci in the
| Sep- October Novem-1 DecemAugust August I tember
1840 Supplement to the Survey
bir
ber
1940
January
February
March
June
July
EMPLOYMENT CONDITION AND "WAGES—Continued
WAGES—Continued
Factory average weekly earni.1.1-: — Continued.
U. S. D e p a r t m e n t of Labor— ('oiitinued.
;
Durable 1 goods—Continued
j
AF(^tals. nonferron-;. and prod . dollars._'
B r a s s broir/e, nn.l eopp'V prod __do _ i
Stone, clav, and idass pic'-uc is. _ . d o
i
Brick, tile, and terra c o l u
do
'
Glass . . .
. .
do. . . !
Transportation cquipn.< IM
do . ..i
Automobiles
_
..do
,
Nondurable poods . . __ . . . .
..do . . .
Chemical, petroleum. 'M'd coal products i
«?(/il:irs.J
Chemical?
. .
..
.do
•
Paints and varnNhos
_ .do
'
Petroleum refining
_ ._ do _..•
Rayon :nid allied p r o d u c t s . . . . d o .__'
Food ;md kindred products. .. _ do
'
Baking,.
do __.j
Slauuhterin;/and r <>ai p.M-kin^ do _.j
Lofiiher find its m':iiuu4ci iuv<:
do _|
Boots and slux s .. .. _
_do .,
Paper and nrh.Mi.-'
Paper and pulp
.do
Rubber prodiirN
. . ._..<!.
•
Rubber t ire-; and hirer tubes _ do j
Textil'-s and their rioiliK-ts
do . . i
Fabrk-s
. .
do |
A\ earing apporel
_. __
_
__c]o
Tobacco manufactures
. .do ....
Factory a\enu>e hourly c a mini's:
National Industrial Conference Bonrd (25
industries) . . . . . .
.
dollars..
U. S Dept.of Labor t90 industries) „ <h> . . .
Dural)l(M'oods _.
______
do . . .
Iron and steel and their products 7:-->t including in.ich'_.ery..
d-ill-irs .
Blast furnaces, steel works, and rolling
milk
dollars..
Hardware..
... _
_
.do
Structural and ornamental metal work
dollars,.
Tin cans and other tinware
do
Lumber and allied products
do
F u r n i t u re
do
Lumher, sawmills
do
Machinery, excl. trans, equip
do
Agricultural implements (including
tractors)
dollars _.
Electrical machinery, apparatus, and
supplies
dollars ..
Engines, turbines, water wheels, and
windmills
dollars. _
Foundry and machine-shop products
' dollars. _
Radios and phonographs
do
Metals, nonferrous, and products...do
Brass, bronze, and copper products. _ do
I
Stone, clay, and glass products
do j
Brick, tile, and terracotta
do
Glass
do.._.
Transportat ion equipment
do
Automobiles
do |
Nondurable goods
do j
Chemical, petroleum, and coal products I
dollars...
Chemicals
do I
Paints and varnishes
do
Petroleum refining
do
Rayon and allied products
do
Food and kindred products
do
Baking
do
Slaughtering and meat packing..do
Leather and its manufactures
(jo
Boots and shoes
do
Paper and printing
do
Pa per and pulp
do
Rubber products
do
Rubber tires and inner tubes
do
Textiles and their products
do
Fabrics.
do
Wearing apparel
do
Tobacco manufactures
do
Factory average weekly earnings, by States:
Delaware
._
" 1923-25 = 300
Illinois
1925-27=100..
Massachusetts
do
New Jersey
1923-25=100
New York"
1925-27 = 100 _
Pennsylvania
1923-25 = 100...
Wisconsin
1925-27 = 100. _
Miscellaneous wage data:
Construction wage rates (E. N. R.):§
Common labor
dol. per hour_.
Skilled labor
do
Farm wages without board (quarterly)
dol. per m o n t h .
dl
Railway wages (avg., class I)...dol. per h o u r .
r
r
28. 58
32.21 I
25.98 I
22 51
27.71 I
33.82 I
34. 75 !
22.02 j
28.26
31.39
25.24 i
21. 58
27. 06
33. 26
34. 25
22.03
28. 67
31. 63
25. 01
21.18
26. 78
34. 51
35. 81
22.30
27.37
30. 28
23. 58
19. 52
26. 20
33. 23
34. 28
21.87
26. 65
28. 96
23. 71
19. 30
25. 89
33.47
34.80
21.73
.26. 96
29. 01
24. 03
19.55
26. 02
34.39
35. 53
21. 86
26. 76
28. 74
24.49
19.97
26. 49
34.40
35.78
21.49
27.02
29. 00
24.79
20. 65
26. 18
32. 83
33.47
21.72
29. 54
32. 51
29.46 j
35. 77
25. 03
24.34
25. 05
27. 60
18.74
17.20
29. 40
27. 19
30. 11
35. 91
17.58
17.21
18. 63
17. 55
29. 49
31.86 1
28.72 I
34. 94
25. 42
24.80
25. 97
27.45
18. 20
16. 46
29. 26
26.61
28. 95
33. 64
17.68
17.64
17.81
17. 50
29.61
32.07
28.75
35. 27
25. 82
25. 48
25. 83
28. 51
19. 09
17. 62
29. 51
26. 19
29. 50
35. 11
17. 72
17. 54
18,26
17.47
29.22
31.82
28. 44
34. 42
26. 24
25. 32
25. 84
27. 94
19.89
18. 78
28. 66
25. 35
28. 54
33. 96
17.26
17.07
17.85
16. 52
29. 31
31.79
28. 43
34. 78
26. 33
25. 00
25. 84
26. 88
10.61
18.59
28. 37
25. 42
27. 40
32. 29
17. 48
16. 98
18. 86
16. 25
29.14
31. 72
28. 93
34. 96
26. 26
25. 25
26. 12
27. 26
19. 23
18.20
28. 67
25. 17
27. 66
31.98
17.45
16. 62
19. 54
16.88
28.99
31.83
29.02
35. 34
20. 12
25. 17
26. 22
27. 76
17.68
16.30
28.70
25. 35
27 98
32.77
16.74
16. 40
17. 63
17.07
.722
. 638
.709
.724
. 646
.713
.727
.653
. 715
729
.662
.727
. 663
.727
.728
. 663
.731
. 665
.728
.761
25. 98
28. 00
24. 26
21. 17
25. 45
33.71
35.15
21. 58
.764
.767
.772
.851
.680
.766 j
.841 I
26.69
29.15
24. 03
20. 52
25. 43
33. 25
34.41
21. 54
29.49
28.74
31.48
31.08
28. 47
28. 65
34.76
34.38
24.81
24.49
23. 95
24. 19
25. 49
26.00
27.77
27. 99
19. 78
18.45 j
18.74
17.04
28.01 ! 28.89 i
24.65
25.64 I
28 5f> I 2 « 9 3 I
3^77 I 34.55 I
17.20
16.91 j
16.73
16. 63
17.40
18.77
17. 44
17. 43
.720 I
.634 I
.699 !
.722
.676
.847
. 685
. 726
" 608
.
.502
.529
.481
.721
.721
. 615
.501
.530
.479
.722
.725
.610
.502
.527
.483
.721
.725
.614
.514
.536
.497
.723
.731
.619
. 513
.544
.489
.732
.793
.781
.778
.782
.787
.740
.733
.731
.794
.778
29.73
32.09
29. 62
35. 14
26. 27
25. 64
* 26. 46
27.43
17.26
15. 65
29. 38
26. 52
28. 39
33.88
16.52
16. 35
16. 97
18. 02
30. OS
32. 23
29. 55
34.84
26. 36
25. 54
r
26. 57
27.82
18. 17
16. 87
29. 27
26. 70
28. 27
r
33. 11
16.43
16.24
16. 96
18. 98
30.1
32.4
29.1
34.7
26. 3
24. 3
26. 6
27.7
19.8
18.7
29.0
26.4
27.9
32. 6
16.8
16.7
17.2
18.2
.734
. 665
.729
.737
. 669
.730
.740
.072
.732
.74
.6f
.75
. 763
.774
. 77
.838
.681
. 838
. 685
.842
.692
.849
.680
.84
. 670
.838
.671
.730
.619
.512
.538
.491
.735
.732
.620
. 513
. 539
.491
.737
. 735
.626
.515
.547
.492
.739
.737
.624
.518
. 546
.497
.739
.741
.624
.521
.546
.503
.741
.741
.632
. 523
.548
.505
.743
.796
.797
.797
.801
.799
.798
.753
.755
. 756
.757
.804
.714
.576
.668
.710
.646
.539
.714
.888
. 935
.585
.715
.577
. 674
.714
. 647
.540
.718
.895
.934
.583
.718
.573
. 691
.757
.654
. 551
.730
.891
.922
.590
.720
.583
.690
.753
.657
. 550
.734
.886
.922
.599
.766
. 785
.707
.975
.643
.596
. 624
.688
. 526
.502
.70S
. 618
.770
. 950
.483
.460
.523
.472
.741
.781
.704
.969
.646
. 585
.620
.686
.532
. 508
.774
. 620
.768
.959
.482
.461
.519
.475
.738
.789
.712
.974
.646
. 608
.623
.685
.532
.508
.773
.629
. 769
.961
.486
.464
.527
. 474
.751
.792
.715
.972
. 659
. 625
. 627
.684
. 539
. 514
.774
. 627
.768
. 961
.493
.477
.525
.479
90. 6
97.7
101. 3
122.6
99.4
111.7
107.8
82.4
94.6
95.6
113.3
95.4
103. 0
101. 7
83.9
94. 5
96.7
113.5
94. 1
101. 5
99.1
90.3
98.2
96. 6
119.7
96.4
111.1
107. 6
91.5
96. 3
98.0
119.5
96.1
110.8
107.9
.707
1.48
.685
1.44
.685
1.44
.685
1.44
. 685
1.46
.731
36.13
.729
Revised.
§Construction wage rates as of September 1,1940; common labor, $0,711; skilled labor, $1.48.
27.1
30. 4i
23.5,
20. 7:
24. 9;
31.8
32. 1
21.8
.749
.843
.669
.737
27. 25
29. 35
24. 20
20. 74
25. 89
» 34. 21
•
r
35. 28
21.81
r
.807
.803
.797
.803
.590
.703
. 758
. 660
. 558
.737
. 901
.940
. 605
.726
. 595
.701
.749
. 664
. 558
.746
.894
. 934
.607
.725
.614
. 697
.748
.664
. 553
.741
. 900
. 944
.610
.726
.611
.700
.749
. 664
.551
.739
.902
. 945
.609
.730
.606
.701
. 750
. 664
.551
.739
.902
. 947
.615
.728
.614
.702
T
. 755
. 664
.551
.740
. 905
r. 954
.617
.751
.796
.714
.972
. 665
. 633
. 633
.678
.537
.511
. 783
.631
. 776
.974
.497
.479
. 533
.489
.756
.800
.718
.974
. 676
.641
.635
.677
.534
. 508
.783
.635
.776
.965
.499
.481
.534
.496
.756
.803
. 719
.975
.674
. 639
.631
.680
.537
. 514
.783
. 638
. 746
. 800
.718
.971
.672
.641
.630
.681
.541
.519
.789
. 637
.779
.963
.505
.482
. 543
.490
.742
.801
.717
.974
.672
.643
.636
.689
.543
. 521
. 793
.637
.779
. 966
.495
.482
.519
.493
.760
.803
.716
.975
.673
.647
r. 637
. 688
. 555
. 533
. 794
. 638
.778
968
.496
.484
.518
.497
. 777
.806
.717
.983
.675
.641
r. 639
. 691
. 553
. 531
.797
. 644
. 780
r
. 967
. 496
.484
. 518
.505
93.3
97.9
100.0
120. 0
97.7
111.9
107.6
90.7
95.7
98.9
117.2
96.1
107.8
104.0
92 1
95. 8
95. 9
116.4
95.4
105. 2
105.7
93.4
95.6
98.6
118.6
97.4
106.3
106.5
96.3
95.2
96.7
118.7
95.1
105. 9
106.8
94.9
95.7
97. 6
120. 4
96. 2
107. 0
108.4
94.6
97.1
98.7
122.6
97.5
108.9
108.0
.685
1.46
.685
1.47
1.47
.685
1.47
.685
1.47
.690
1.47
. 703
1.47
35.:
.742 I .751
.735
36.41
.731
.725
.728
.51
. 5f
.743
.606
.696
.743
. 662
. 554
.738
. 896
.938
.608
. 964
'
.505
.484
.544
.491
.6.
. 7(
.7/
.8!
.9.6:
.9:
.6'
.6:
.6
.6:
.9
.5
.4
.5
'94
96
101
121
97
' 107
101
37.
30
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- ! 1940
gether with explanatory notes and references
——
to the sources of the data, may be found in the
August August
1940 Supplement to the Survey
October 1940
1939
September
1940
October i
January
Decem-
A
ber I
ber
February
March
April
June
May
July
EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES—Continued
Miscellaneous wage data—Continued.
Road-building wages, common labor:
United States, averagedol. per hour__
East North Central
do
East South Central
do
Middle Atlantic
do
M ou nt ain
do
New England
do
Pacific
do
South Atlantic.
do
West North Central
do
West South Central
do
ALL PUBLIC ASSISTANCE
Total, exclusive of cost of administration, tr.aterhl, ctc_ __ ___
_
- mil. i-i" do'
Obligations incurred for:?
Siveial 1> p'^s of public assistance
. do__
Old-aiie assistance*
.
do
General r. lief
do
Subsidence payments certified by the Kami
Security Administration
mil. o; do]
Earnmes of persons employ d under Federal work programs1:
Ci\ ilian Conservation Corp? _ mil. of dol
National Youth Administration:
Slud^nt aid
__ _. do .
Work projects..
___ _
__ do _
Work Project Admi:iis!rat ionj
do .
Other Federal work and construction
projects- .
_ mil. of dol
I
|
0.47
.62
. 35
.54
.50
.68
.34
.47
.38
0.43
.61
.30
.51
.57
.47
. 04
.30
.46
0.43 I
0.43
.60 j
.30 i
.53
. 5S
. 59 |
.31 I
• 51 !
. 57 i
.4* j
:
0.42 i
0.44
.59
.63
. 50
. 50
.48
66
.32
|
. 50 I
j
1
!
i
|
0.41 .
0.43
.62
. 33
i
•i!
0.41
:SI
0.42
.66
.33
.57
. 55
. 58
.74
.33
.45
.38
0.46
.63
.33
.54
.56
.49
.68
.33
.46
.39
0.45
.64
.33
.52
.56
0.47
.61
.35
. 53
. 56
.49
.68
.32
.47
.38
SS|
.04 i
.30 i
.40 !
|
.38 !
.49
06
.32
.40
!
I
j
!
.39
271 |
!-.r> I
. 59
.50
.72
.32
.50
.39
274 i
256
251
51 !
39 |
43 !
51 I
52
40
32
53
40
33
. r>o ;
.44 I
.38
.59 !
.70 !
.32 |
. 45
. 39
.67
.33
.45
.38
.38 I
48
37 !
39 !
49
37
39 !
48 i
39
38 |
1
39 I
41 i
1 I
I
19 |
18
3 '<
5 !
100 i
3
6
112
110
51 i
4
112
4 I
102 i
53
16
47
I
(a)
)
20
3 )
I
3
6
115
6 I
124 I
3
6
120
6
101
3
6
114
0
3
»97
0
152
103
49
36
232
FINANCE
BANKING
Acceptances a n d com'l paper o u t s t a n d i n g :
B a n k e r s ' acceptances, total
mil. of dol__
182
Held b y Federal Reserve b a n k s
do
0
H e l d b y accepting b a n k s , total
do
148
O w n bills
do
103
Bills bought
do
44
Held b y others
do
34
Commercial paper o u t s t a n d i n g
do
247
Agricultural loans o u t s t a n d i n g of aeencies supervised b y t h e F a r m Credit A d m . :
T o t a l , excl. joint stock land b k s . t - . m i l . of dol_..
3,050
F a r m mortgage loans, total
do
2, 534
Federal land b a n k s
do
1,871
L a n d B a n k Commissioner
do
663
Loans to cooperatives, total
do
83
B a n k s for cooperatives incl. central
bank
m i l . of dol__
67
Agri. M k t g . Act revolving fund
do
15
Short t e r m credit, totalf
do
433
Federal i n t e r m e d i a t e credit b a n k s , loans
to a n d discounts for:
Regional agricultural credit corps.,
prod, credit ass'ns, a n d b a n k s for co203
operativesd 1
mil. of dol _.
42
Other financing i n s t i t u t i o n s
do
203
P r o d u c t i o n credit associations
do
Regional agr. credit corporations
do
128
E m e r g e n c y prop loansf
do
52
D r o u g h t relief loans
do
53
J o i n t stock land banks, in liquidation._-do
29, 918
B a n k debits, total (141 cities)
do
11, 604
New York City
do
18, 314
Outside N e w Y o r k C i t y
do
Federal Reserve b a n k s , condition, e n d of m o . :
Assets, total
_mil. of doL__ 22,176
Reserve b a n k credit o u t s t a n d i n g , total
2, 515
mil. of dol_0
Bills b o u g h t
do
4
Bills discounted
do
2, 436
United States securities
do
18, 959
Reserves, total
do
18, 618
Gold certificates
do
22,176
Liabilities, total
do
15,867
Deposits, total
do
.Member b a n k reserve balances, total
13, 541
mil. of dol__
6, 487
Excess reserves (estimated)
do
5, 370
Federal Reserve notes in circulation__ do
j
89.3
Reserve ratio
percent_ _
Federal Reserve reporting m e m b e r b a n k s ,
condition, W e d n e s d a y nearest e n d of m o n t h :
Deposits:
D e m a n d , adjusted
m i l . of dol-.j 20, 901
D e m a n d , except i n t e r b a n k :
j
I n d i v i d u a l s , p a r t n e r s h i p s , a n d corpora- j
tions
m i l . of dol__| 20, 415
1, 440
States a n d political subdivisions
do
i
509
U n i t e d States G o v e r n m e n t
do
I
r
235
6
191
128
63
44
201
177
115
62
39
209
221
)
179
111
67
42
205
233
0
175
105
70
223
0
172
103
69
51
214
210
229
0
179
111
08
50
219
233
0
188
123
65
45
226
230
0
184
121
63
46
233
188
223
0
178
118
61
214
0
171
113
58
45
43
234
206
0
166
112
54
40
224
3,058
2,553
1,883
3, 060
2,549
1,880
3,056
2,540
1,875
674
88
671
83
669
81
665
82
67
19
412
18
422
185
38
186
8
128
52
58
191
38
195
8
129
52
56
239
I
3,135
2, 637
1, 928
708
84
61
3,110
2, 020
1,923 |
704 '
88
65
22
396
3. 080
2. 016
1,936
699
93
70
3,068
3,058
2, 605 I
2, 596
1,910 I 1,905
695
091
95
99
3, 046
2, 588
1,900
687
95
33, 004
15, 138
18, 526
17, 823
18, 002
2, 446
1
2, 426
14, 661
14,321
17, 823
12, 247
2, 879
1
6
2, 804
15, 013
14, 679
18, 002
12, 953
10, 918
4, 758
4. 631
86. 9
11,055
5,352
4, 720
85.0
11,973
18, 090
18, 333
73
20
303
165
157 I
ISO
38
174
9
122
54
76
21
364
165 I
33 I
188
42
185
10
125
54
76
30,013
13, 118
17, 490
73
21
367
154
162
34
154
3,047
2, 580
1,897
684
94
72
20
373
3,053
2, 568
1,890
678
91
69
20
394
3, 059
2,560
1,886
64
S
117
53
70
31, 670
13, 041
18, 636
116
53
66
116
52
03
40,019
17. 633
22, 386
34, 717
14, 739
19, 978
165
35
160
8
118
52
62
29, 482
12, 138
17, 344
18, 779
18, 740
19,027
19, 223
19, 497
19, 677
20, 042
2, 801
0
6
2, 730
15, 178
14, 838
18, 779
12. 988
2, 050
0
8
2,547
0
2, 518
2, 467
16, 809
16, 428
20, 042
14, 152
2,
17,
16,
20,
14,
4'. 773
85. 5
18, 556
65
15
434
196
40
200
8
130
52
55
199
42
204
8
129
52
54
170
36
174
8
124
52
61
34, 738
15, 201
19, 537
34, 769
15, 519
19, 250
34,195 31, 960
14, 536 13,110
19, 659 18, 850
31, 845
13, 612
19,233
20, 585 21,408
21, 801
14, 976
18, 740
12, 805
2,484
15, 524
15, 209
19,027
12, 941
2, 477
15, 975
15, 561
19, 223
13, 422
2 477
ie!i8i
15. 813
19) 497
13,630
2 529
0
4
2, 475
10, 451
16,076
19, 677
13, 815
11,628
5, 160
4, 862
86.3
11,053
5 209
4. 959
86. 7
12,150
5, 559
4, 832
87.5
12, 328
5, 692
4,872
87.5
12. 423
Si 828
4,931
87.8
12, 919
6,149
4, 941
88.0
13, 237 13, 781
6,385 6, 857
5, 057 5,199
88.4
88.8
13,498
' 6, 514
5, 248
89. 2
18, 972
18, 566
19,199
19,414
19,175
19, 696
20, 287 20, 510
20, 984
18, 474
18, 843
18, 929
18, 743
1, 351
562
19, 253
1, 594
19, 696 20,167
1,578
1, 434
20,499
1,497
2, 593
0
1
2, 503
62
18
'429
0
2,519
2,531
0
3
0
2
0
3
477
346
994
585
575
2, 466
18,120
17, 754
21, 408
15, 213
2,484
0
4
2,448
18, 579
18,202
21,801
15, 575
I
17,479 I
1,447
528 I
17,988 I 18,273
18,503
1,334 i
1,400 1, 484
528 I 525
523 I
1, 432
1, 227 j 1, 332
574 I
' 501 I
559
560
560
515
505
Revised.
v Preliminary.
cf To avoid duplication these loans are excluded from the totals.
a
b
Less than $500,000.
Less than $500,000, held for foreign correspondents.
^Beginning with January 1940 those series include cost of hospitalization and burial; the inclusion of these data has only a minor effect on the comparability of
the series.
JCombined figures for projects operated by W. P. A. and other Federal agencies; data not reported separately since February 1940.
tRevised series. A constant, $1,052,450, has been added to all data on emergency crop loans to include. 1918-1919 farmers' seed loans, and totals adjusted accordingly.
*NewT series. Data beginning 1933 will be published in a subsequent issue. Other special types of public assistance, included in the total but not shown separately,
are aid to dependent children and aid to the blind.
31
SURVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
1939
September
August
1940
Novem-1 DecemOctober
ber
ber
January
February
March
April
July
FINANCE—Continued
BANKING—Continued
Fed. Res. reporting member banks, condition,
Wednesday nearest end of month—Con.
Deposits—Continued.
Time, except interbank, total._mil. of dol._
5,380
Individuals, partnerships, and corporations
mil. of doL.
5,174
States and political subdivisions
do
182
Interbank, domestic
do
8, 505
Investments, total
do
15, 62!
U. S. Govt. direct obligations, total
do
9, 361
Bills
1
do___.
705
Bonds
do
6, 561
Notes
do
2, 095
Obligations fully guaranteed by U. S.
Government
mil. of doL 2, 596
Other securities
do
3, 665
Loans, total
do
8,566
Commercial, industrial, and agricultural
loans
mil. ofdol-.
4,480
Open market paper
do
294
390
To brokers and dealers in securities _.. do
Other loans for purchasing or carrying securities
mil. of doL463
Real estate loans
do
1,219
Loans to banks
do
48
Other loans
do
1,672
Instalment loans to consumers:*
|
By industrial banking companies:
j
Loans made
do
|
Repayments
do
j
Amount outstanding, endofmonth___do
I
Money and interest rates:
Bank rates to customers:
In New York City
percent.In 7 other northern and eastern cities
percent..
In 11 southern and western cities
do
Bond yields (Moody's):
Aaa
do
2.85
Baa
do
4. 76
Discount rate (N. Y. F . R. Bank)
do
1. 00
Federal land bank loans
do
4.00
Federal intermediate credit bank loans-do
1.50
Open market rates, N . Y. C :
Prevailing rate:
Acceptances, prime, bankers, 90 days
percent __
Vis
Com'l paper, prime, 4-6 months...do
Time loans, 90 days (N. Y. S. E . ) - d o
VA
Average rate:
j
Callloans, renewal (N. Y. S. E.)~-do
:
1.00
U. S. Treasury bills, 91 days
do j
.04
Average yield, U. S. Treasury notes, 3-5 I
years
percent- _j
.58
Savings deposits:
j
Savings banks in New York State:
1
Amount due depositors
mil. of dol.J 5, 629
U. S. Postal Savings:
j
Balance to credit of depositors
do I 1,297
Balance on deposit in banks
do !
41
COMMERCIAL FAILURESf
|
5, 259
5,243
5, 261
5, 244
5, 288
5, 269
5,302
5,373
5,323
5,333
r
5, 352
r 5, 341
5,017
224
7,167
14, 233
8, 565
502
5, 903
2,160
5,018
207
7, 667
1.4, 009
8, 437
419
5, 881
2, 137
5,063
181
7. 954
14, 207
8, 684
667
5, 858
2,159
5,043
184
7, 894
14, 503
8,713
711
5, 842
2,160
5, 072
199
8.190
14,413
8, 703
595
6, 353
1, 755
5,047
205
8. 029
14,675
8,877
648
6, 482
1,747
5, 085
201
8, 085
14, 740
8, 851
647
6, 469
1, 735
5,165
188
8,424
14, 666
8, 848
509
6. 518
i; 821
5, 121
183
8, 460
14, 881
8,960
593
6,496
1,871
5,120
191
8,431
5, 049
9, 081
627
6, 528
1,926
5,146
183
8, 577
15, 124
9, 202
757
6. 382
2, 063
5,144
175
8, 239
15, 461
9, 457
791
6, 567
2, 099
2, 286
3, 382
8, 209
3, 996
317
60S
2,232
3, 400
8, 350
2, 232
3, 291
8,521
2,408
3, 382
8, 656
2,412
3.298
8, 674
2, 414
3, 384
8,499
2, 421
3, 468
8,528
2,380
3,438
8,649
2, 427
3,494
8,661
2, 399
3, 569
8,475
2,405
3,517
8,462
2,418
3, 586
8,517
4,229 j
4,310 I 4, 381
317
312
603
660
4,353
315
700
4, 295
614
4,324
332
609
4,414
337
625
4,409
326
626
4, 367
322
478
4,438
301
380
4,441
291
419
533
519
1,174
49
1, 546
510
1,180
35
1, 547
512
1,184
36
1, 559
499
1,189
36
1, 579
504
1,188
50
1,564
485
1,183
54
1,547
478
1,185
52
1, 548
476
1,185
51
1, 561
474
1,187
52
1,587
481
1, 189
46
1,592
471
1,199
40
1,633
474
1, 210
40
1,642
40.2
38.7
248.3
39.3
37.3
250. 3
40.7
39.9
251.1
39.3
38.3
252.1
47.0
42.5
256. 6
40.9
40.1
257.4
39.9
38.4
258. 9
46.4
41.7
263. 6
47. S
43.1
208.3
48.2
42.6
273.9
47.0
42.6
278.3
45. 3
44.2
279. 4
2.04
2.03
3.31
2.93
4.85
1.00
4.00
1.50
1.96
2.59
3.32
2.67
3.35
3.25
5.00
1.00
4.00
1.50
3.15
4.88
1.00
4.00
1.50
Vie
5
VA
1.00
.05
A-34
m
1.00
.14
2.94
4.92 j
1.00
4. 00
1.50
3. 00
4.85
1.00
4.00
1.50
2.86
4.83
1.00
4.00
1.50
VA
1.00
.02
3.38
2.82
4.74 !
1.00
5.00
1.50
VA
1.00
.01
2.84
4.80
1.00
4.00
1.50
2.93
4.94
1.00
4.00
1.50
2.96
5.11
1.00
4.00
1.50
4.80
1.00
4.00
1.50
Vie
l
1.00
.05
1.00
.05
1.00
.04
VA
1.00
.02
1.00
.02
1.07
m
1.00
.06
1.00
.10
1.00
.05
.65
VA
.76
5,529
5,557
5,552
5, 547
5, 599
5,616
5,632 ! 5,676
5,660
5,644
5. 670
5, 631
1, 271
56
1, 267
55
1,271
54
1,275 1,279
1,290
50
1,297
48
1,301
45
1,303
44
'1,299
--43
1,293
43
1,297
43
1,237
44
69
223
8
52
17
1
11
11
8
14
5
56
4
36
789
112
15,279
614
1,509
4,942
76
2,142
208
5
105
204
40
335
75
595
157
1,000
5,617
2,597
1,042
48
66
204
7
56
17
4
6
13
11
19
6
38
1
26
622
102
13,472
575
1, 655
4,939
290
,
1, 167
427
249
30
247
548
856
112
453
214
346
4,440
1,863
1,197
55
63
216
12
49
28
4
11
8
8
19
7
36
6
28
740
123
11,681
752
668
4, 336
342
911
659
107
477
242
54
267
93
620
190
374
4, 585
1,340
1,291
72
78
261
6
70
22
10
14
6
7
31
12
52
4
27
766
114
16, 247
911
1,547
6,925
33
1, 718
535
426
307
175
92
1,318
639
587
251
844
5,198
1.666
54 I
I
53
1,043
1,234
1,184
Grand total
number._|
1,126
1,153
43
51
48
49
Commercial service, total
do i
57
55
52
51
50
Construction, total
do !
59
235
210
187 ,
263
Manufacturing, total
do j
239
14
9!
11
Chemicals and drugs
do s
9
46
44 I
64
50
Foods
do
|
37
18
20 !
20
16
Forest products
do !
16
3
4
1
Fuels
do \
6
4
10
9
9
Iron and steel
do
16
7
12
13
13
Leather and leather products
do
|
4
11
12
9
8
Machinery
do j
14
16
28
29
17
Paper, printing, and publishing
do
j
24
9
10
3
Stone, clay, glass, and products
do j
7
37
44
53
52
Textiles
do
63
4
4
4
Transportation equipment
do
3|
35
24
41
28
Miscellaneous
do
40 I
652
697
696
Retail trade, total
do
690
129
125
105
117
Wholesale trade, total
do
108
10,545
17, 464 13, 201 13, 243
12,637
Liabilities, grand total
thous. of doL_
522
790
587
530
Commercial service, total
do
760
1,129
945
765
790
Construction, total
do
1,094
6,959
4,606
3, 466
4,453
Manufacturing, total
do
5,129
132
138
135
60
Chemicals and drugs
do
78
611
1,286
1.500
Foods
do
1,709
1,481
442
1,411
538
168
Forest products
do
167
111
40
816
Fuels
do
304
274
345
28
321
Iron and steel
do
162
323
327
46
96
Leather and leather products
do
26
1,455
216
220
71
Machinery
do _
_
859
484
296
99
185 .
Paper, printing, and publishing
do
310
172
227 |
105
Stone, clay, glass, and products
do
20
279
565 I
579
435
684
969
Textiles
do
129 I
134
21
95
168
Transportation equipment
do
1,205
377
435
346
326
Miscellaneous
do
5,156
5,378
4,443
5,175
4,940
Retail trade, total
do
2,087 i 1,320
3,208
1.169
1,689
Wholesale trade, total
do
r
Revised.
fRevised series. Commercial failures compiled on a new basis beginning 1939; for an explanation of the
1939, see p. 31 of the March 1940 Survey.
*New series. For data beginning 1929, see table 35, p. 18, of the September 1940 Survey.
2.88
4.86
1.00
4.00
1. 50
1.00
1,238
1,114
46
48
70
61
263
8
16
51
48
31
26
5
10
13
14
27 |
5
20 I
52
4
3
57
36
5 i
739
22
120
666
13,068
113
570
1, 201 13,734
1,100
4, 588
984 |
122
5,039
832
90
739
1,088
194
508
432
434
194
158
214
246
278
312
76
226
820
93
87
1,018
600
294
5,063
5, 228
1,646
l\
ill
1, 383
1,175
50
65
216
16
40
25
9
15
4
14
12
3
54
5
19
728
116
16,213
594
847
7,117
253
68*>
287
2, 523
266
04
918
272
161
1,455
160
5, 897
1, 758
change in the compilations and revised data for all months of
32
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1B39, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
1940
1939
August
I SepNovem- DecemAugust | tember October
ber
ber
October 1940
1940
January
February
March | April
May
July
FINANCE—Continued
LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, total t
mil. of dol.~
Mortgage loans, total
do
Farm
do
Other
.
do
Real estate holdings
do
Policy loans and premium notes
do
Bonds and stocks held (book value), total
mil. of dol..
Government (domestic and foreign):
Total
do
U. S. Government
do
Public utility
do
Railroad
do
Other
do
Cash
do
Other admitted assets
do
Insurance written: <>
g
Policies and certificates, total number
thousands...
Group
do
Industrial
do
Ordinary
do
Value, total
thous. of dol_.
Group
do
Industrial
do
Ordinary
do
Premium collections, total®
do
A nnuities
do
Group
do
Industrial
do
Ordinary
.
..do
24 719
4, 621
663
3 958
1,716
2, 445
23 489
4 460
663
3 797
1 750
2, 564
23, 608
4, 472
662
3,810
1,751
2, 557
23,711
4,486
662
3, 824
1, 753
2,547
23,815
4,499
662
3,837
1, 754
2, 534
23, 917
4, 528
660
3, 868
1, 720
2,520
24. 042
4, 533
658
3,875
1,722
2, 507
24.130
4, 543
659
3, 884
1, 720
2, 496
24,240
24,339
4,552
4, 555
661
661 !
3, 894
3,891 i
1 718
1,711
2,472
2,484
24, 420
4, 573
662
3,911
1,716
2, 467
24, 494
4, 59]
663
3, 928
1,714
2, 463
24,623
13,714
14, 035
14, 218
14, 325
14, 347
14, 527
6, 529
4, 756
3, 504
2, 668
1,517
906
470
6, 517
4, 735
3, 509
2,717
1, 582
875
464
6, 520
4,721
3,545
2. 708
1, 574
952
427
14, 624
13,485
13,553
13,687
13, 906
13, 928
13, 986
6, 738
4. 929
3. 579
2, 694
1, 613
888
425
6,123
4. 403
3, 202
2, 705
1,455
809
421
6,110
' 4, 377
3, 259
2, 697
1,487
837
438
6,097
4, 359
3, 401
2, 697
1,492
800
438
6,181
4,441
3, 382
2, 684
1, 467
823
491
6, 353
'4. 611
3, 428
2,642
1,483
763
480
6,370
4, 623
3,449
2, 644
1, 465
890
462
6,373
4, 597
3, 464
2, 655
1,494
921
464
683
942
261
431
250
584, 595
83, 901
119,068
381, 626
244.706
23,472
11,292
54, 271
155, 671
642
24
417
200
509,897
59, 401
115,935
234,418
18, 248
11.320
59, 970
144,880
790
51
484
255
637, 675
75, 929
135. 769
425,977
238, 492
20,879
10, 781
57, 055
149, 777
724
41
455
228
587, 498
44,027
128.121
415,350
247, 397
23,412
10. 854
52, 800
160, 331
728
59
443
225
646, 550
105,030
124,662
416, 858
355, 983
50, 082
13,270
106, 662
185, 969
659
32
400
226
653, 156
134,507
113,111
405, 538
286,934
42, 185
15, 848
63,512
165, 389
697
25
439
232
561, 638
38, 120
125, 226
398, 292
263, 077
25. 562
12,451
56, 154
168, 910
479, 794
34,364
123,012
107,019
51,080
48,480
19. 729
38. 831
14,842
42, 437
442. 597
33, 493
118,743
95,351
45,611
43, 595
19,741
36, 567
12, 756
36,740
543,991
43,136
152,548
122, 888
54,339
52 598
19,413
40, 088
14,743
44,238
537, 951
M l , 938
150,742
122, 522
54.246
51,003
20, 133
40, 588
14,013
42, 736
567,212
39. 378
148,888
126, 810
59, 043
56, 672
24,223
45, 996
17,347
48,825
91
517,622
41,323
151,309
121,339
47, 560
48,294
17,829
38,470
12, 496
39,002
506, 212
39. 633
144,717
120, 473
46,661
47, 16-1
17,657
36, 141
12, 761
41, 005
426
579, 283
53, 757
123.Ill
402,415
246, 254
22, 854
12.339
55, 451
155, 610
334, 561
6, 396
4, 624
3, 481
2, 659
1, 499
983
475
4, 608
663
3,945
1,714
2,453
6,651
4,852
3, 572
2 699
h 605
897
424
697
33
428
235
605, 326
43, 520
124, 192
437, 614
267, 714
35. 043
12, 812
!?^> 547
164'. 312
113
(Life Insurance Sales Research Bureau)
Insurance written, ordinary, total.thous. of doL.
New England
do
Middle Atlantic
do
East North Central
do
West North Central
do
South Atlantic
.
do
East South Central....
do.___
West South Central
do
Mountain
do
Pacific
do
Lapse rates
1925-26 = 100.,
48,
567, 872
43, 149
159, 172
132, 728
53, 070
53.054
21, 969
42, 665
14, 730
47, 335
574,453
43, 976
158,874
132, 454
54,293
57, 784
20, 752
42, 825
15. 754
47,741
571, 625
42,416
157, 222
131, 230
58,864
55, 897
21,857
41.550
15, 154
47,435
553, 086
41, 727
146,613
123, 270
54, 290
58, 094
24, 711
44. 595
14.956
44, 830
91
566, 061
40, 743
151,409
129, 2S4
58. 097
57,633
22 218
45,' 349
14, 893
46, 435
MONETARY STATISTICS
Foreign exchange rates:
.298 !
.298
Argentina
dol. per paper peso..
.298
.298
1.311
i. 298
.298
.298
.298
298
0)
.298
.298
Belgium
dol. per belga__
. 169
': 167
.168
. 169
. 170
.170
. 167
. 165
. 166
)
.170
(3)
(3)
.061
.001
. 061
Brazil, official
dol. per milreis. _
. 061
.061
.061
.091
. 001
. 060
. 061
061
. 061
.061
. 301
.302
.302
. 301
British India
dol. per rupee..
. 344
.303
.301
.300
. 299
301
.301
. 301
.880
. 810
.867
.829
. 995
.893
.878
. 876
Canada
dol. per Canadian dol..,
.913
869
. 869
.801
. 052
.05?
. 052
. 052
.052
.052
. 052
. 052
Chile
dol. per peso.. I . 052 ' . 052
. 052
052
.052
. 572
.570
. 573
.571
. 571
.572
. 570
. 570
Colombia
do j
.571
571
.570
.572
4
.022
.019
.022
.021
. 020
.023
.026
. 023
.022
!(322
France
dol. per f r a n c j (3)
. 020
(
3
.401
. 400
. 401
.399
. 401
. 401
.399
. 401
.401
.401
Germany
dol. per reichsmark.. j
.400
.400
. 400
. 050
.050
.050
.051
. 050
. 050
. 053
.050
. 050
. 050
Italy
dol. per lira..!
050
.050
.050
. 234
.234
. 234
. 235
.234
.234
. 234
. 269
. 235
.234
Japan
dol. per yen..
234
. 234
.234
.167
. 167
. 107
. 190
.205
. 167
.167
.202
.182
Mexico
dol. per peso__'
.200 '. 168
199
.184
.532
K 531
. 531
.532
. 531
. 531
.531
.535
.531
. 531
Netherlands
dol. per guilder... (3)
(3
(3)
.238
. 238
.238
. 23S
.238
.238
.240
. 238
.238
Sweden
dol. per krona..
238
238
.238
3. 964
5.274
3. 995
3.925
3. 526
3. 963
3. 759
4.611
3. 930
4.011
United Kingdom
„ dol. ner £
3 805
3.979
3. 602
Gold:
18,770
19,209
17, 931
18, 433
17,091
17, 358
17, 644
18,177
16, 932
16, 646
20 463
Monetary stock, IT. S
mil. of doL . 20,913
19, 963
Movement, foreign:
67,162 1-36,652
40, 034
36, 954 -213, 447
2,836
79, 516
90, 873 -200, 811
-55 064
Net release from earmark^
thous. of dol_. 66, 976 152,125
33 ! 3,563 -437, 234
11
22
53
13
15
10
15
8
Exports
do i
10
1,249 519 983
Imports
do j 351, 563 259, 934 326, 089 69, 740 167, 991 451, 183 236, 413 201, 475 459,845 j 249,885 j 438,695
Production, estimated world total, on f side I
1,164,224
97, 605
104.067 1*106.974 |P106,597 '104,233 blO9,959
107,357
106,990
107, 244 103, 675
101,438 '104,636
U. S. S. R
thous. of dol. _j
88, 075 | P 90, 325 '89,842 v 87, 515
87, 525
85, 102 1 88.793
81,362
91,520 i 90,057
90, 999
93. 210
Reported monthly, total
do
46, 006 j P 46, 743 v 47, 706 v 46. 228 47, 762
44,208
44. 162
44,311
44,035 j 43,396
44, 105
45, 562
v
Africa
do
14,853
15,045
14,652 1 15,488
15 795 v 15, 981
15,?09
14,188
15, 732 i r 14, 784 15,158 r 14,875
Canada
do
16, 972
16,217
16,408 I 16,500
14,862
17,512
15, 936
13, 317
16, 947
19, 728
21, 7S5
United States
do •
18, 866
Receipts at mint, domestic (unrefined)
fine ounces,.j 307, 780 282,130 362, 866 421, 796 274,843 241.879 257,116 179,559 259,423 240,003 j 233,901 231, 486 368, 330
7,511
7,559 | 7,710
Currency in circulation, total . . . mil. of dol _
7,342
7,598 I
7,376
7,455
7,171
7,293
7,483
8, 059
7,848
7,883
Silver:
594
Exports
thous. of dol..
298
657
177
180
937
1,292
1,773
15
884
487
452
887
Imports
do
5,170
4, 070
5, 724
4, 589
7, 268
4,183
4, 365
4, 639
5, 378
4,107
3,795
5,799
4,673
. 348
. 348
350
.348
.349 i
Price at New York
dol. per fine oz._
.357
.348
.360
. 370
.348
.348
.348
.348
24,935
22,319
24,426
22, 193
22 494
22, 088 ' 22, 501
Production, world
thous. of fine oz. _
23, 452
22 522
23, 634
1,997 I
1.690
Canada§
'.
do
1 920
1, 786
1. 770
2,913 I
1.898
'i 703 2, 679
1,653
5,619 I
6. 785
Mexico
. __ _ do .
7,931 ! 6, 539
6 210
8.128
5. 723
8. 140
6,971
6, 857
6,511
5.840 I 5. 373
5,113
5 716
4,852
5, 744
United States
do
4,874 I
5, 611
6. 120
4, 226
5.145
Stocks, refinery, end of month:
2, 469 ! 2, 295 ! 2, 447
1,385
1,870
United States
do
4,180 ; 5,461
3,589 i 4,638
3, 533
3, 424
3, 997
r
1
Revive].
Preliminary.
1
Quotations not available August 26- October 16.
2
Average for May 1-9.
3
No quotation.
4
Average for June 1-15.
J37 companies having 82 percent of total assets of all United States legal reserve companies.
<g>40 companies having 82 percent of total life insurance outstanding in all United States legal reserve companies.
1[Or increase in earmarked gold (—).
§Data reported by the Canadian government have been substituted beginning 1940 for data previously reported directly by producers to the American Bureau of Metal
Statistics, as the latter data have been temporarily discontinued. Annual totals from the two sources have been in fairly close agreement but the monthly movement in the
past has been quite different.
October 1940
33
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data may be found in the August
1940 Supplement to the Survey
1939
August
1940
Novem- DecemSeptember October
ber
ber
January
February
March
April
May
June
July
FINANCE—Continued
CORPORATION PROFITS
(Quarterly)
Federal Reserve Bank of New York:
Industrial corporations, total (168 cos.)t
mil. of dol
Autos, parts, and accessories (28 cos.).do
Chemicals (13 cos.)
do.
Food and beverages (19 cos.)
do
Machinery and machine manufacturing
(17 cos.)
mil. of doL.
Metals and mining (12 cos.)
__do
Petroleum (13 cos.)
do
Steel (11 cos.)
do
Miscellaneous (55 cos.)t
do
Public utilities, except steam railways and
telephone companies (net income) (52 cos.)
mil. of dol..
Federal Communications Commission:
Telephones (net op. income) (91 eos.)..do
Interstate Commerce Commission:
Railways, class I (net income)
do
Standard Statistics Co., Inc. (earnings):
Combined index, unadjusted*
1926=100. .
Industrials (119 cos.)
do
Railroads (class 1) •
do
Utilities (13 cos.)
do
142.0
14.4
32.5
22.2
296.2
91.7
45.7
23.2
r 246.6
'92.9
37.1
17.1
v 226. 3
7.0
3.3
11.9
22.1
28.6
10.7
6.2
16.3
57.7
44.7
i.O
4.5
15.9
35.1
35.0
9.0
3.9
12.1
38.1
36.7
46.8
54.4
'61.4
52.1
60.1
61.8
62.5
61.9
92.6
102.5
P87.9
147.2
v 142. 5
57.7
114.5
118.8
74.2
135.9
32.!
21.0
126.1
66.6
63.5
34.2
116.7
P72.6
1.6
P95.4
v.6
PUBLIC FINANCE (FEDERAL)
Debt, gross, end of mo
mil. of dol.. 43,905
Public issues:
Interest bearing.
do
38,383
Noninterest bearing
do
589
Special issues to government agencies and
trust funds
mil. of dol__
4,934
Obligations fully guaranteed by U. S. Qov't:
Total amount outstandingc?
mil. of dol..
5,812
By agenciestcf
Federal Farm Mortgage Corp
do
1,269
Home Owners' Loan Corporation._do
2,626
Reconstruction Finance Corp
do
1,096
Expenditures, total, including recovery and
relief
thous. of dol.. 708, 382
General (including recovery and relief).do
693,620
Revolving funds, net
do
-13, 009
Transfers to trust accounts
do
25,195
Debt retirements
do
2, 576
Receipts, total
do
566, 388
Customs
do
23,630
Internal revenue, total
do
522, 813
Income taxesf
do
37, 645
Social security taxes
do
139,131
Taxes from:
Admissions to theaters, etc
do
4,407
Capital stock transfers, etc
do
600
Governmental corporations and credit agencies:
Assets, except interagency, totaL.mil. of doL.
Loans and preferred stock, total
do
Loans to financial institutions (incl. preferred stock)
mil. of doL.
Loans to railroads
do
Home and housing mortgage loans, .do
Farm mortgage and other agricultural
loans
mil. of dol._
All other
do
U. S. obligations, direct and fully guaranteed
mil. of doL.
Business property
do
Property held for sale
do
All other assets ....
do
Liabilities, other than interagency, totaLdo
Bonds, notes, and debentures:
Guaranteed by the U. S
do
Other
do
Other liabilities including reserves._.do
Privately owned interests
do
Proprietary interests of the U. S. Government
mil. of doL.
Reconstruction Finance Corporation, loans outstanding, end of month:
Grand total§
thous. of dol._ ,651,615
753,087
Section 5 as amended, total
do
Banks and trust companies, including
receivers
thous. of dol.. 85, 226
4,625
Building and loan associations
do
2,188
Insurance companies
do
149,737
Mortgage loan companies
do
507, 627
Railroads, including receivers
.do
3,684
All other under Section 5
do
Emergency Relief and Construction Act,
as amended:
Self-liquidating projects (including financing repairs)
thous. of doL. 20, 509
Financing of exports of agricultural surpluses
thous. of dol..
47
Financing of agricultural commodities
and livestock
thous. of dol..
520
40,896
40,861
41,040
41, 310
41,961
42,128
42, 375
42, 559
42,663
42,810
' 42,971
43,771
30,261
540
36, 282
516
36,421
36, 517
499
37, 234
37, 364
37, 493
37, 531
37,625
541
37,671
555
' 37, 605
591
38, 33c
496
509
526
557
4,496
4,585
4,775
5,656
5,535
5,528
1,269
2,763
1,096
1,269
2,641
1,096
1,269
2,634
1,096
5,52(
1,26*
2,63:
l,09(
648, 814 1,069,774
642, 330 883,092
975
3,425
3,500 135, 894
2,010
47, 363
399, 598 784, 218
26, 251
28,101
356, 508 694,932
40,197 463, 786
31,749
137, 299
830, 591
699, 79'
5,07:
113, 52(
12,211
331, 22:
25, 22J
326,14:
49,65J
39,09i
510
4,094
4,063
5,583
5,455
4, 295
4,109
4,231
1,379
2,858
820
4,256
4,356
4,471
5,703
1,269
2,813
1,096
5,699
1,269
2,809
1,096
5,673
1,269
2,783
1,096
5,663
1,269
2,770
1,096
5, 707
5,448
1,279
2,830
820
1, 269
2,817
1,096
1,279
2,823
820
'822, 049 793, 302 764, 458 691, 006 889, 329
745, 269 728,837 701,893 632, 573 822, 858
5,264
-543
5, 066
10, 679
8,785
58, 000
53, 000
66, 100 50,150
53, 000
9,051
367
9,013
0
779
419, 980 718, 790 321, 511 406, 967 569,136
35, 595
27, 814
29, 049
27, 213
32, 418
374, 310 667,156 271, 583 354, 929 517,924
329, 042
34,142 319,143
38, 032
37, 652
26, 740
29, 225
119, 068
35, 556 129, 706
1,513
1,124
1, 852
1,210
712,994 668, 376 1,006,372
713, 225 654,170 815, 963
5,633
3,812
3,979
10, 000 134, 817
- 5 , 000
394
49,958
790
314, 549 443, 830 934, 208
28, 702
25, 651
35, 788
257, 969 394, 688 886, 370
62, 663 665, 487
45, 338
30, 481
45, 263 177, 756
20, 000
9,325
304, 203
26, 479
261, 772
47, 621
39,194
792, 288
756, 975
58^
4,85c
1,728
2,806
2,118
1, 275
1,975
1,012
1,487
1,087
1,853
1,043
2,391
784
2,001
948
1,791
1,593
1,646
1,833
1,651
82
12,017
8,900
11,967
8,923
12,105
8,956
12, 063
8, 936
12, 062
8,951
12, 064
8,920
12, 078
12,116
8,914
12, 176
8,930
12, 085
8,922
12, 021
8,470
12,09
8,51:
1,272
492
2,337
1,272
492
2,347
1,273
489
2,363
1, 247
497
2, 358
1,260
500
2,365
1,232
504
2,376
1,196
509
2,365
1,180
517
2,377
1,198
521
2,347
1,170
515
2,355
1,212
524
2,323
1,20
55
2,34
3,765
1,033
3,744
1,068
3,738
1,093
3,721
1,112
3,726
1,100
3,709
1,100
3,700
1,118
3,699
1,140
3,705
1,160
3,700
1,183
3,224
1,187
3,23
1,18
876
531
704
1,008
7,886
879
535
695
934
7,768
879
542
689
1,039
7,845
874
543
678
1, 033
8, 064
549
661
1,013
8,048
900
553
652
1,038
8,059
895
552
644
1,100
8,053
895
555
629
1,123
8,052
891
558
610
1,187
8,053
893
559
608
1,103
7,912
562
1,067
1,043
7,977
87
56
1,06
1,07
7,84
5,489
1,345
1, 052
391
5,356
1, 357
1,054
393
5,449
1, 357
1,039
395
5, 708
1, 352
1,004
397
5, 704
1, 348
995
397
5,700
1.340
1,019
5,675
1, 321
1,057
400
5,664
1,323
1,065
401
5,657
1,327
1,069
403
5,535
1,337
1,039
404
5, 529
1,343
1,105
405
5,52
1,35
96
40
3,739
3,806
3,866
3,602
3,617
3,607
4,025
3,663
3,719
3,770
3,639
3,84
l,622,40f 1,636,900 1,640,936 •1,615,596 •1,6^9,856 1,596,231 1,620,764 •1,625,200 '1,620,643 1,614,836 1,635,255 1,651,82
677, 408 677,916 679,064 689, 603 697, 205 703, 038 706, 458 715,979 718, 030 712, 328 720, 085 749,92
102,121
3, 405
2,662
126, 842
438,837
3,541
101,187
3,487
2,652
127, 647
438,835
4,109
102,126
3,433
2, 615
130,167
436, 650
4,073
100,773
3,375
2,571
134, 432
444, 314
4,138
100, 007
3,342
2,506
138, 595
448, 792
3,963
96, 477
3,506
2,478
142, 464
454,194
3,919
94,872
3,647
2,457
142, 876
458, 841
3,765
93,128
3,480
2,433
145, 436
467, 887
3,615
40,835
41, 586
42, 679
42, 664
38, 258
38, 232
38, 230
37,870
19,989
19, 871
19,371
63
105
47
47
47
752
752
751
751
751
751
747
747
90, 613
89,008
4,138
3,637
2,354
2,389
146, 243 146,846
471, 747 466, 093
3,401
87, 761
4,347
2,331
145, 951
475, 856
3,839
86,30
4,27
2,31
146, 63
506,62
3,77
38, 540
40, 010
19,915
19,78
47
47
47
4
675
625
525
d
'Revised.
» Preliminary.
Deficit.
• Number of companies varies slightly.
§See note marked with a " § " on p. 34 of this issue,
concluded in the total but not shown separately are guaranteed debentures of certain other Federal agencies.
tRevised series. Income taxes revised beginning September 1936 to include unjust enrichment taxes; revised data not shown on p. 33 of the September 1940 Surve
will appear in a subsequent issue.
JA merger during the second quarter of 1940 reduced the number of corporations in the miscellaneous group to 54 and the total to 167.
34
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1940
1939
gether with explanatory notes and references
to the sources of the data, may be found in the
Sep- O c t o b e r N o v e m - Decemootnhpr
August August tember
ber
ber
1940 Supplement to the Survey
October 1940
1940
January
February
March
130,377
131,919
130, 704 130,466
April
May
June
July
FINANCE—Continued
PUBLIC FINANCE (FEDERAL)-Con.
R. F. C., 1 oans outstanding, end of month—Con.
Direct loans to business enterprises (including participations)
thous. of doL.
Total Bank Conservation Act, as amended
thous. of dol.
Drainage, levee, irrigation, etc
do
Other loans and authorizations§
do
129, 426 122,859
563,561
83,223
101,242
125, 753 126,862
130,026
130,625
130, 566 130, 732 129,955
566.919 566, 534 564, 556 541. 423 539, 936 535, 376 554, 240 550,091 552,134 548, 669 574, 558 570, 778
83, 433 83, 502 83, 482 83, 750 83,998 83,814 83. 874 83.966 83, 723 83, 740 83, 596 83, 299
110,210 '120,992 "•124,171 ' 127, 316 '•118,978 '104,596 ' 105, 249 '105,796 ' 97,028 98, 851 105, 797 97, 524
CAPITAL FLOTATIONS
Security Registrations!
(Securities and Exchange Commission)
Total securities effective under the Securities
Act of 1933
thous. of doL.
Substitute securities*...
do
Registered for account of others
do
Registered for account of issuers, exclusive of
substitute securities
thous. of doL.
Not proposed for sale
do
Proposed for sale:
Issuing and distributing expense:
Compensation to underwriters, agents,
etc
thous. of doL_
Other
do
Net proceeds to be used for:
Total
do
New money
do
Purchase of:
Securities for investment
do
Securities for affiliation
do
Other assets
do
Repayment of bonds and notes.do
Repayment of other debt
do
Retirement of preferred stock..do
Organization expense
do
Miscellaneous.
-.do
Gross amount of securities less securities reserved for conversion or substitution, total
thous. of doL.
Type of security:
Secured bonds
do
Unsecured bonds...
do
Preferred stock
do
Common stock
do
Certificates of participation, etc
do
Type of registrant:
Extractive industries
do
Manufacturing industries
__do
Financial and investment
do
Transportation and communications.do
Electric light, power, heat, gas and water
thous. of dol..
Other
do
Securities Issued
123. 242 304,829
422
3,614
32, 246 11,870
35,956
775
1,448
30,817
181
3,578
114,924
0
855
166, 571 146, 482 249,933
1,300
8,100
1,225
1,300
3,640
1,088
70,996 245, 723 102, 761
6,516
8,753
3,022
5,752 25, 382
2,469
82, 577 200,313
5,694
457
418
4140
90,574 289, 345
16, 717 11, 858
33,733
8,917
27,059 114,069
1,916
13, 550
154, 830 143,882 247, 620
5,288 41, 507 16,307
58, 727 211, 587
11, 798 78, 522
97, 270
0
76,464 195, 715
20, 225
429
3,126
511
1,959
358
97, 645 224, 312
17,133 17,125
4,632
2,091
1,042
457
44, 381 127,391
11, 291 43,361
93, 632
8,252
53,923
4,293
2,370
25
0
73,002
4,558
0
2
555
10,232
0
1,384
8,454
640
12, 248
0
132
3,943
0
0
53, 532
7,818
18, 316
28
393
2,556
0
0
76, 621
6,105
99
0
0
9,030
279
0
38,155
8
2,139
0
18
60, 474 225, 510
99, 739
76,882
199,591
105,148
72, 000
11, 040
9,209
2,194
81, 396
2,186
0
**• i
3,410
374
6,031
1,253
2,053
125
1,247
203
70. 074 270, 203
31, 996 16,006
22, 638
3,574
12,059
6,492
107, 430 144,938
4,922
8,480
18. 039
537
60
2,495
123
110
217, 817
1,807
2,417
1
29,426
11,914
148
1,586
4,789
609
0
0
19
2,632
0
235
1,428
1,223
43
4
2
37, 541
0
379
200
0
190
53,970 126, 208
7,384
6,461
3,214
3,391
15
(a)
6
8
116, 780 296, 294
26,888
28,461
19,181
60
0
5
196
6. 650 163,101
24. 878 102, 524
16, 465 11,628
57.917
19,041
10, 870
0
10,380
1,600
1,936
12,172
800
13,444
500
2,200
11,317
1,000
28
55, 205
19, 407
500
2,747
34,511
3,894
4,548
1,582
3,485
19,444
380
13,319
28,323
217.149
33,444
281,469
461,265
4,069
653
113,994
3,414
1,190
153,367
4,027
702
5,547
1,454
10,832
0
0
180, 555
5, 420
10,249
(°)
132
143, 542 241,143
_.,
4,523
1,182
s -H
189, 581
22,984
*4
2,016
0
" 200
161, 423
997
1,909
U
52
46,815 125.681
17,700
10,900
3,391
8,710
33, 443
8,076
12, 645
0
47,289 153, 522
31, 270 46, 506
40, 679 17, 209
24, 303 23, 369
0
536
13,477
0
19, 366
19, 409
8,223
44, 217
53, 866
84, 509
38,424
4,493
3,200
75,000
5,039
14,119
2,381
58,144
0
2,254
6,799
9,685
1,523
8,818
2,927
1,750
0
9.929
40, 776
7,823
6,160
23,517
224
1,401
323
26,293
4,999
2,184
2,375
122,320
12, 282
18,504
1,957
21, 567
16, 768
9,210
10,819
61, 839
14,374
705
4,864
86,112
2,745
3,768
75
5,726
9,835
4,337
0
1,997
11,194
2,250
64,955
511
119,176
2,891
107,300
2,444
85,413
250
824
10,150
84,018
53,755
0
2,250
54, 700 111, 676
2,210
359
180,018
286,809
450,801
240,633
3,974
(Commercial and Financial Chronicle)
Securities issued, by type of security, total (new
capital and refunding)
.thous. of dol..
New capital, total
do.
Domestic, total
do.
Corporate, total
_do.
Bonds and notes:
Long term
do
Short term
do
Preferred stocks
do
Common stocks
do
Farm loan and other Government agencies
thous. of doL.
Municipal, State, etc
do
Foreign, total
do
Corporate
do
Government
_„ do
United States possessions
do
Refunding, total
do
Domestic, total
_.do
Corporate, total
do
Bonds and notes:
Long term.
do
Short term
do
Preferred stocks
do
Common stocks
do
Farm loan and other Government
agencies
thous. of dol__
Municipal, State, etc...
do
Foreign, total.
_
do
Corporate
do
Government
do
United States possessions
do
129,104 112,629
12S, 604 82. 629
67,938
25,895
742,711
218,420
335,061
344, 896 250,144
226, 457 690,209
41,669 338,340
41. 669 338. 340
16.019 20,297
88,920
88,920
21,640
98,421
98.421
30, 528
94, 251 103,959
94, 251 103,959
35,405 45,404
71, 213 117,609 122, 111
70,463 117, 609 122,111
30, 527 53,925 89, 287
81,861 396, 071
81, 861 396, 071
9,339 44,989
52, 612
0
13,427
1,899
21,403
1,460
2,010
1,021
14,320
0
500
1,199
13,816
0
3,207
3,274
15,418
0
816
5,406
21,373
0
3,545
5,611
19,483
0
2,284
13, 638
32. 746
10,000
1, 590
1,069
15, 957
0
3,700
10, 870
31,025
100
15, 253
7,547
79, 680
0
0
9,607
0
60,666
500
0
0
500
0
56, 734
30,000
0
30,000
0
9,950 275,866
15, 700 42,177
0
0
0
0
0
0
0
0
0
67,280
0
0
0
0
0
67,893
0
0
0
0
0
58,846
0
0
0
0
800
57, 755
0
0
0
0
5,600
34,336
750
0
0
750
5,500
58,184
0
0
0
0
3,000
29,824
0
0
0
0
2,250 289, 458
70, 272 61,624
0
0
0
0
0
0
0
0
227, 287 128,033
227, 287 128,033
192,353 82,660
144, 596 294,138
144,596 294,138
10?, 276 225, 623
152. 365 348, 636 138, 348 404,370
152,365 332,136 138,348 402,870
111.494 300. 963 79,195 157,474
107, 047 291,677
0
500
4,421
8,730
26
56
27, 525
13,346
0
0
0
0
18, 250
12, 923
16,500
16,500
0
0
129, 500 236, 640 192, 559 346. 842 169,419
129, 500 236,640 192,559 346, 842 169,419
90,835 195,817 137,460 210,842 103,799
25,895 157,431
53, 300
0
0
43
0
0
88,277
0
2,558
0
189,307
0
4,900
1,610
50,850
8,303
25,850
12,816
0
0
0
0
18,600
22, 223
0
0
0
0
0
0
0
235,093
10, 303
1,500
0
0
1,500
101,898 196, 370
0
0
35, 562 14,472
0
0
28,800
26,299
0
0
0
0
21,695
114,305
0
0
0
0
6,875
910
65
1,489
42,543
0
1,096
1,350
87,049 154,191
3,000
0
13, 750 37, 546
0
617
82,660
0
0
0
96,947
5,000
0
329
223,116
0
257
2,250
16,942
48,678
0
0
0
0
25,150
20,223
0
0
0
0
28, 870
13,450
0
0
0
0
48, 400
20,115
0
0
0
0
17, 350
17,584
0
0
0
0
' Revised. • Less than $500.
t Revised series. Data on security registrations, formerly excluding reorganization and exchange issues, revised to include all registrations under the Securities Act of 1933.
Earlier data will be published in a subsequent issue.
• New series. Comprises voting trust certificates and certificates of deposit. Earlier data will be published in a subsequent issue.
§Data revised to exclude a loan to the Rural Electrification Administration advanced in varying amounts during 1936-39, now classified under allocations.
35
SUKVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
1940
1939
September
August
October Novem- December
ber
January
February
March
April
May
June
July
FINANCE—Continued
CAPITAL FLOTATIONS—Continued
Securities Issued—Continued
(Commercial and Financial Chronicle)
Securities issued by type of corporate borrower,
total
thous. of doL.
New capital, totaldo
Industrial...
do
Investment trusts, trading, and holding
companies, etc
thous. of dol._
Land, buildings, etc
_
do
Public utilities
do
Railroads
do
Shipping and miscellaneous...
do
Refunding, total.
do
Industrial.do
Investment trusts, trading, and holding
companies, etc
thous. of doL.
Land, buildings, etc
do
Public utilities
do
Railroads
do
Shipping and miscellaneous
do
Domestic issues for productive uses (Moody's):*
Total
mil. of dol..
Corporate
do
Municipal, State, etc
do
179,432
67. 938
23,124
343, 357
25,895
17,045
95, 214 177, 771 112,475 226, 345 172, 865 256, 246 134, 327 246, 279 171,947 111, 616 270, 612
9,339 44,989
16,019 20, 297 21, 640 30, 528 35, 405 45, 404 30, 527 53,925 89, 287
3,772
6,094
2,826
22, 598
1,099
5,249
6,057
1,201
7,658 14,088 13,913
0
90
30, 232
14, 292
200
111, 494
60, 776
500
250
1,930
400
5,770
317,463
20,123
0
130
125
13,065
1,600
79,195
600
0
111
1,505
9,200
3,424
157,474
3,443
0
0
0
32
0
750
18,184
2,185
5,510
31
5,998
9, 525
3,277
4,900
1,523
90, 835 195,817 137,460
0
12,000 15, 215
0
77
23.811
25, 300
1,530
0
2,505
250,835
7,000
37,000
0
6,250
230
729
23,965 147,052
700
0
53, 700
0
0
0
0
0
386
1,995
76, 840 119, 200 101, 368
0
60,000 20, 494
15, 598
0
1,016
0
575
89, 897
0
5,370
0
780
32, 269
35,000
11, 500
0
1,000
41, 236
82, 252
16,923
0
2,960
1,500
0
0
0
427
94,020
5,000
329
0
829
117,466
0
13, 700
100
53
47
15
3
12
20
13
7
44
12
32
37
12
25
28
9
19
45
67
22
45
52
25
27
36
7
29
82
39
43
73, 982
76,279
80, 673
154,809
30, 554
64,931
55,065
22,018
451
81
637
151
716
187
504
104
417
102
1,054
170
731
94
649
50
743
35
901
112
921
134
432
70
495
92
631
215
792
202
556
235
856
217
520
305
894
200
577
289
914
195
623
272
906
207
637
266
198
602
262
893
195
616
253
186
615
247
910
192
626
252
702
239
459
251
653
223
376
267
642
213
376
261
92.33
96.02
52.23
92.02
95.70
52.00
91.97
95.68
51.58
92.86
96.55
52.77
92.48
96.51
48.86
87.87
92.47
38.38
90.14
94.93
39.09
90.96
95.65
40.64
82.1
86.8
101.6
58.0
119.9
106.1
82.4
87.3
101.8
58.2
120.2
106.8
82.2
87.3
101.6
57.8
119.1
106.6
82.1
87.3
101.8
57.2
119.7
107.5
82.5
87.5
101. 7
58.2
119.8
107.6
79.4
85.3
99" 3
53.5
115.3
105.6
78.5
84.7
98.7
52.0
114.6
105.4
81.2
86.3
100.2
57.1
120.4
106. £
81,38$
121,85/
101,179
173, 971 166,112
103, 351 102,858 135,784 149,103 90,317
153, 589 163, 222 210,816 219, 740 134,597
81,807 81,857 108,459 115, 226 74,484
127,344 135,832 176,998 179,936 114,651
176,100 144,917
3,760
4,322
171, 778 141,157
146,192 120,903
25, 586 20,254
120,384
2,365
118,019
99,176
18,843
135, 239 165,116 176,105
8,250
4,323
3,285
131,954 160,793 167,855
110,849 139, 547 144,924
21,105 21,246 22,931
102, 663
3,677
81,058
17, 928
98,12(
2,131
95, 98*
82, 68(
13, 301
54,067
49,512
4, 554
49,920
47, 541
2,379
53.988
49,440
4,548
49,679
47, 314
2,365
53,937
49,400
4,537
49,605
47, 265
2,340
53,853
49, 313
4,540
50,006
47.611
2,396
53,646
49,108
4, 538
49,61?
47,395
2,217
53,414
48,879
4, 535
46,937
45,197
1,740
52.879
48,347
4,532
47, 666
45,894
1,771
53,431
48,90c
4,52*
48,60S
46, 76i
1,84(
2.59
2.63
2.70
2.62
2.59
3.00
2.67
2.5c
3.5-3
59
14
45
56
20
36
1,000
0
350
0
450
0
8,407 16, 767
7,015
7,750
8,114
960
6,096
30, 730 13,169
210,842 103, 799 192, 353
115,000 24,250 50, 943
0
0
0
0
280
0
11,012
0
3,785
15, 205
19,400
2,000
15,000
63, 513
728
82, 660 102, 276 225, 623
78, 200
2,500 93,628
(Bond Buyer)
State and municipal issues:
Permanent (long term)
Temporary (short term)
thous. of doL.
do
88, 854 103,871
207,413 64,025
61, 598 174, 916 r 87,341 ' 66, 668 51, 095
160, 277 118, 588 134,808 122,245 224, 706
54, 946
75,692 234, 340
COMMODITY MARKETS
Volume of trading in grain futures:
Wheat
mil. ofbu..
Corn
do
SECURITY MARKETS
Brokers 9 Balances (N. Y. S. E. members
carrying margin accounts)
Customers' debit balances (net)__mil. of doL.
Cash on hand and in banks
do
Money borrowed
do
Customers' free credit balances
do
256
Bonds
Prices:
Average price of all listed bonds (N. Y. S. E.)
91.33
90.59
88.50
90.79
91.24
dollars..
95.72
92.41
94.05
94.59
95. 05
Domestic
do.
43.28
47.29
51.23
Foreign
_
__do.
54.50
50.55
Standard Statistics Co., Inc.:
81.5
80.9
81.0
Composite (60 bonds) dol. per $100 bond..
83.0
86.8
85-0
86.4
85.8
Industries (20 bonds)-.
do
87.0
100.2
98.6
101.7
100.5
Public utilities (20 bonds)
do.
101.8
57.5
59 0
55.5
Rails (20 bonds)
do
61.6
60.2
121.2
107.1
116.5
Domestic municipals (15 bonds)
do
117.5
110.7
105.8
101.9
108.2
XJ. S. Treasury bonds
do
104.6
102.6
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Market value
thous. of doL. 67,057 122,908 417. 429 162.275 135,515
99,101 159, 770 498.100 229,653 193, 891
Face value
do.
On New York Stock Exchange:
53, 571 89,189 384, 237 131,901 105,994
Market value.
do.
Face value
do
82,424 121,165 459, 821 194, 212 159, 374
Exclusive of stopped sales (N. Y. S. E.),
79, 705 111,394 480. 789 170,089 151, 685
face value, total
thous. of dol
2,337
14, 203
5,628
8,730 227.101
XJ. S. Government
do
77,368 102.664 253,688 155, 886 146,057
Other than U. S. Govt., total...do
66, 566 85.001 227, 997 134.816 123. 230
Domestic
do
10,802
17,663 25,691 21,070 22,827
Foreign
do.
Value, issues listed on N . Y. S. E.:
52,209 52, 466 52,452 52,435
Face value, all issues
mil. of dol.. 53,914
49, 399 47,642 47,917 47,922 47,869
Domestic issues.
do.
4,515
4, 567
4,549
4,531
4,566
Foreign issues
_
do.
49, 239 47. 297 46,431 47.621 47. 839
Market value, all issues
do47, 285 44, 808 44,279 45.331
45. 500
Domestic issues...
do.
1,954
2,339
2,151
2,489
2,290
Foreign issues..
do.
Yields:
Bond Buyer:
2.52
2.72
2.93
3.21
3.30
Domestic municipals (20 cities)
percent—
Moody's:
3.55
3.70
3.83
3.67
3.95
Domestic (120 bonds)
do
By ratings:
2.85
2.93
3.25
3.15
3.00
Aaa (30 bonds)
_
.do.
3.03
3.35
3.16
3.11
3.49
Aa (30 bonds)
__do.
3.55
3.94
3.78
3.80
4.05
A (30 bonds)
do.
4.76
4.85
4.88
4.85
5.00
Baa (30 bonds)
..do
By groups:
3.12
3.57
3.43
3.25
3.21
Industrials (40 bonds)
..do
3.57
3.41
3.40
3.70
3.23
Public utilities (40 bonds)
do.
4.51
4.44
4.41
4.58
4.30
Rails (40 bonds)—
do
Standard Statistics Co., Inc.:
3.29
3.08
2.69
2.49
2.75
Domestic municipals (15 bonds)
do
2.65
2.60
2.21
2.25
2.46
U. S. Treasury bonds...
do.
r
Revised.
*New series. For data on domestic issues for productive uses beginning 1921, see table 34, p. 17,
125, 631 134,462
206,047 208,518
65,53(
102,22*
3.69
3.63
3.60
3.58
3.54
3.65
3.72
2.94
3.14
3.74
4.92
2.88
3.08
3.69
4.86
2.86
3.05
3.68
4.83
2.84
3.04
3.65
4.80
2.82
2.99
3.59
4.74
2,93
3.08
3.65
4.94
2.96
3.10
3.70
5.11
2.8*
3.01
3.5,
4.8(
3.21
3.38
4.47
3.14
3.35
4.39
3.12
3.33
4.37
3.09
3.29
4.37
3.05
3.24
4.33
3.20
3.30
4.46
3.25
3.33
4.57
3.1*
3.2c
2.56
2.35
2.54
2.30
2.60
2.32
2.58
2.25
2.56
2.25
2.81
2.38
2.85
2.39
2.54
2.2*
of the September 1940 Survey.
SURVEY OF CURRENT BUSINESS
36
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
October 1940
1940
1939
1940
August
September
August
October Novem- December
ber
January
February
March
April
July
June
May
FINANCE—Continued
SECURITY MARKETS—Continued
Stocks
Cash dividend payments and rates (Moody VI:
Total annual payments at current rates (600
companies)
mil. of doL.
Number of shares, adjusted
.millions Dividend rate per share (weighted average)
(600 cos.)
dollars,.
Banks (21 cos.)
do
Industrials (492 cos.)
do
Insurance (21 cos.)
do
Public utilities (30 cos.)
do
Rails (36 cos.)
do
Dividend declarations (N. Y. Times):
Total
thous. of doL.
Industrials and miscellaneous
do
Railroads-.
do
Prices:
Average price of all listed shares (N. Y. S. E.)
Dec. 31,1924=100..
Dow-Jones & Co., Inc. (65 stocks)
dol. per share-.
Industrials (30 stocks)
do
Public utilities (15 stocks)
do
Rails (20 stocks)
do
New York Times (50stocks).
do
Industrials (25 stocks)
do
Railroads (25 stocks)
do
Standard Statistics Co., Inc.:
Combined index (420 stocks)
1926=100..
Industrials (350 stocks)
do
Capital goods (107 stocks)
do
Consumer's goods (194 stocks)-.-do
Public utilities (40 stocks)
do
Rails (30 stocks)
do
Other issues:
Banks, N . Y. C. (19stocks)
do.—
Fire and marine insurance (18 stocks)
1926=100..
Sales (Securities and Exchange Commission):
Total on all registered exchanges:
Market value
thous. of dol..
Shares sold
thousands -.
On New York Stock Exchange:
Market value
thous. of dol..
Shares sold
thousands -.
Exclusive of odd lot and stopped sales
(N. Y. Times)
thousands..
Shares listed, N. Y. S. E.:
Market value, all listed shares
mil. of doL.
Number of shares listed
millions-.
Yields:
Common stocks (200), Moody's
percent-.
Banks (15 stocks)
do
Industrials (125 stocks)
do
Insurance (10 stocks)
do
Public utilities (25 stocks)
do.-..
Rails (25 stocks)
do. .
Preferred stocks, Standard Statistics Co., Inc.:
Industrials, high-grade (20 stocks) percent..
,713.08
936.43
1.83
3.01
1.79
2.54
1.96
1.36
,
,
,
, 422.99 , 423. 82 , 442. 45 . 573. 05 L, 589. 37 . 597. 25 Lf 618. 60 . 631. 30 . 643. 66 , 680. 36 , 690. 37
,
935. 03 935. 03 936. 43 936. 43 936.43
936.43
936.43
935.03 935.03
936. 43 936.43
936.43
1.52
3.01
1.42
2.39
1.94
.90
1.52
3.01
1.42
2.39
1.95
.90
1.54
3.01
1.45
2.39
1.95
.90
1.68
3.01
1.61
2.39
1.95
1.25
1.70
3.01
1.63
2.53
1.95
1.25
1.71
3.01
1.63
2.64
1.95
1.26
1.73
3.01
1.67
2.64
1.95
1.26
1.74
3.01
1.68
2.64
1.95
1.26
1.76
3.01
1.70
2.64
1.96
1.27
1.79
3.01
1.75
2.44
1.96
1.27
1.81
3.01
1.77
2.44
1.96
1.29
1.81
3.01
1.77
2.54
1.96
1.29
365, 553 310, 284 193, 698 199, 969 659. 512 330, 592 231, 651 338, 366 216, 350 180, 341 449, 981 239,426
347, 331 296,168 191, 364 192, 915 603,149 311, 996 215, 588 323, 201 213, 822 176,637 420, 278 223,372
7,053
51, 362 18, 596 16,064
15,165
2,528
3,704 29, 703 16,055
18, 222 14,116
2,334
194,824
182,232
12,592
55.6
57.9
65.9
65.8
63.2
64.4
63.0
63.6
64.3
64.3
50.2
53.1
54.6
42.50
125. 32
22.22
26.83
92.21
164.48
19.94
46.47
137. 89
25.68
27.67
99.44
178. 21
20.68
50.47
150. 72
24.36
31.97
110.38
195. 86
24.91
51.80
152.15
25.64
34.27
110. 33
194. 82
25.84
51.01
149. 98
25.68
33.38
108. 59
192. 28
24.90
50.01
148. 54
25.00
31.63
109.01
194. 21
23.82
49.72
147. 60
25.44
31.09
107. 40
191. 78
23.03
49.44
147. 29
24.87
30.83
107. 83
192. 67
22.98
49.15
147.13
24.26
30.45
107. 66
192. 71
22.61
49.92
148. 91
25.09
31.00
109.17
195.13
23.22
43.48
130. 76
21.45
26.52
95.20
170. 95
19.46
39.99
119. 46
20.15
24.66
89.17
159. 61
18.72
41.64
122. 23
22.42
26.43
90.46
161.49
19.43
77.5
89.1
109.5
85.8
80.3
24.9
86.3
100.5
121.5
96.9
87.0
25.4
92.4
109.4
13S. 1
93.3
84.3
29.7
95.3
112.7
141.9
101.6
86.0
32.9
94.2
110.9
137.2
102.0
87.3
31.6
91.8
107.9
133.8
100.6
86.7
29.6
92.7
108.8
132.7
102.5
88.4
29.6
91.5
107.3
130.1
102.2
87.6
28.7
91.5
107.5
130.9
102.7
87.1
28.9
92.9
109.2
132.8
104.4
87.8
29.1
83.0
97.3
118.1
92.7
80.6
25.4
73.3
84.8
104.1
80.0
75.1
22.7
76.1
87.2
105.9
84.2
80.1
24.4
50.4
54.0
58.7
59.9
58.7
58.3
59.3
59.3
59.2
58.9
52.0
44.8
51.4
84.3
88.2
87.6
90.7
91.9
94.0
95.3
96.4
94.5
94.3
83.8
78.7
84.0
774, 470 583, 619 632,092 1,134,339 1,438,199 560, 463 320,860
15,191
31, 710 26, 093 28,718
51,103
69, 493 25,451
1,242,999 487,116 264,352
270, 471 669, 431 ,969,582 1,044,948 723, 491 648, 942 652,915 487,929 527, 777
27,516
23,175 24,141
19, 367 20, 568 37, 599 54, 517 20,107
35,029
10, 420 24, 554 75,192
10,828
7,307
7,616
15, 573
17, 372 57, 081 23, 734 19, 220 17, 769 15, 991 13,465
16, 269 26, 696
320, 913 769, 346 ,205,476 1,184,659 844,162
14,214 31, 391 92,464
35,426
43,440
767,158
31,446
40. 706
1,454
41,653
1,430
47, 440
1,431
47, 374
1,431
45, 505
1,432
46, 468
1,435
45, 637
1,441
46, 058
1,441
46, 695
1,444
46, 769
1,446
36, 547
1,447
38, 776
1,450
39, 992
1,454
5.6
4.7
5.6
4.8
5.7
5.6
4.5
4.6
4.2
4.3
5.5
4.1
3.9
3.9
3.6
4.1
5.4
2.8
4.0
4.0
3.7
4.0
5.3
3.0
4.5
4.2
4.4
3.9
5.3
4.6
4.5
4.2
4.3
4.1
5.3
4.5
4.6
4.1
4.4
4.3
5.3
4.8
4.6
4.0
4.5
4.3
5.3
4.7
4.6
4.1
4.5
4.3
5.2
4.7
4.6
4.1
4.5
4.3
5.3
4.8
6.1
5.2
6.1
4.9
6.3
6.3
5.7
4.8
5.9
4.5
5.7
5.7
5.6
4.7
5.7
4.5
5.7
5.5
5.10
4.92
5.14
5.09
4.98
4.95
4.90
4.90
4.94
4.92
5.26
5.11
Stockholders (Common Stock)
American Tel. & Tel. Co., total
numberForeign
do--.
Pennsylvania Railroad Co., total
do...
Foreign
do._U. S. Steel Corporation, total
do._Foreign
do _Shares held by brokers
percent of total.
639,019
7,003
211,014
2.807
168,176
3,286
26.00
632,398
6,544
207,679
2,746
165,193
2,745
27.57
635, 286
636, 834
6,787
209, 346
2,752
164, 822
3, 191
28.03
6,674
208, 705
" 712
163, 972
3,020
28.31
FOREIGN TRADE
INDEXES
Exports:
Total: Value, unadjusted
1923-25=100.Value, adjusted
do
U. S. merchandise, unadjusted:
Quantity
do
Value
do
Unit value
.do
Imports:
Total: Value, unadjusted
do
Value, adjusted
do
Imports for consumption, unadjusted:
Quantity
1923-25=100_.
Value
do
Unit value
do
Exports of agricultural products, quantity:
Total:
Unadjusted
1910-14=100-.
Adjusted
do
Total, excluding cotton:
Unadjusted...
._
do
Adjusted
do
92
100
66
72
76
72
87
72
77
67
97
91
97
95
91
100
93
92
85
90
86
91
92
104
83
95
135
92
68
108
67
62
117
76
65
131
87
66
116
77
67
140
96
69
138
96
70
130
91
70
132
93
70
123
85
69
124
85
69
136
92
68
126
84
67
68
71
54
57
56
59
67
65
73
73
76
77
75
74
62
62
67
60
66
61
65
64
65
69
114
67
59
102
56
55
112
63
56
116
65
56
119
67
57
127
73
58
124
73
59
99
59
60
106
65
61
105
64
61
106
64
60
109
64
59
72
78
115
68
59
26
32
51
63
88
81
111
82
73
56
95
75
118
105
96
104
67
68
52
61
39
47
34
44
34
47
47
48
69
70
71
66
83
72
57
52
63
58
71
70
71
77
66
66
51
55
43
45
48
53
52
57
37
SURVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939, to- 1940
1939
gether with explanatory notes and references
to the sources of the data, may be found in the August August
Sep- October Novem- Decem1940 Supplement to the Survey
tember
ber
ber
1940
January
February
March
April
May
June
July
FOREIGN TRADE—Continued
VALUE
Exports, total, incl. reexports
thous. of dol_.
By grand divisions and countries:
Africa
.-do
Asia and Oceania
_do..
Japan
-do
Europe
do
France
do
Germany
do
Italy
do....
United Kingdom
_..do
North America, northern
do
Canada
do
North America, southern
do
Mexico
do
South America
do
Argentina
_
do
Brazil
do....
Chile
do....
U. S. merchandise, by economic classes:
Total
thous. of dol.
Crude materials
do...
Cotton unmanufactured
do-..
Foodstuffs, total .
do...
Crude foodstuffs..
do...
Mfd. foodstuffs and beverages do.._
Fruits and preparations
do
Meats and fats
do.-.
Wheat and
flour
do-_.
Semimanufactures
do-_.
Finished manufactures
do
Autos and parts
do..Gasoline
do
Machinery
do...
General imports, by grand divisions and countries:
Total
thous. of dol.
Africa
do...
Asia and Oceania
do_._
Japan..
__do
Europe
do...
France
do...
Germany
__do.._
Italy
do
United Kinedom
..do
North America, northern
do
Canada
do
North America, southern
do
Mexico
do
South America
do
Argentina
do
Brazil
do
Chile
do—
Imports for consumption, by economic classes:
Total
thous. of dol-.
Crude materials
_
_
_
_.do
Crude foodstuffs
do
Mfd. foodstuffs and beverages
do
Semimanufactures
do
Finished manufactures
do
349,928
250,839
288, 573
332,079
292, 582
367,819
368, 584
346, 779
352, 272
324,008
325, 306
350,458
317,015
12,615
59,735
25, 188
143, 754
89
8,959
50,632
19, 347
121,301
12,132
607
4,834
60, 339
53,165
52, 156
29,116
5,781
25, 401
4,942
5,997
2,020
10,
62,
23.
127,
12,
385
780
367
690
555
39
6, 301
52,924
62. 847
61. 715
33,102
8,579
32,960
6,989
8,609
2,667
8,997
58. 577
25, 243
104, 399
13, 239
o
6,029
31,485
52, 113
51, 262
29.510
8,700
38,986
9,887
10, 608
3,625
11,342
78,120
27, 556
157,340
36, 645
8,623
50,395
44,477
43, 878
32,311
9,926
44,227
10, 791
10, 483
3,908
11,276
76, 061
28, 247
172,640
38.a 508
()
8,300
67,143
42, 2^2
41,647
27, 758
8, 046
38. 566
10, 157
9,216
3,259
10,
61,
15,
165,
39,
\ )
6
125,309
71,800
70,707
27,888
7,198
34,137
10,170
7,522
3,543
8,376
43. 360
12,126
113,954
22, 269
6,868
3,027
47,434
43,162
42, 332
20,120
4,606
21,867
4,675
5,135
1,818
789
520
193
741
277
4
9,598
58,534
43, 671
43,131
28, 065
7,522
36, 993
9,147
10,116
3,418
11,727
59,299
17, 800
160,050
42,034
44
10,083
51, 890
49, 700
48.855
29,167
8,394
42, 328
10, 821
10, 368
4,354
13, 944
53, 220
15. 271
140,240
45, 990
35
9,240
53, 339
55,136
54, 373
25, 249
6, 624
36, 219
8, 326
10,360
3,066
12. 545
57,898
13,721
124, 527
39, 350
70
13, 234
49.822
62, 738
61,877
27, 265
7,472
40, 332
10, 770
10, 384
3,694
12,325
53, 755
15,421
144,813
47, 237
0
1,603
77,868
67,679
66, 796
26,924
6,536
44,961
14,759
10,641
4,244
12, 243
59,146
15,364
122, 837
206
(a)
16
108, 368
64,486
63,494
24,163
7,110
34,139
10,650
7,205
3,110
341,924
24,161
3,640
19,170
5,819
13,351
2.386
1,710
2. 237
96,863
201, 730
15, 645
4,365
56,813
248,148
36,499
11, 869
24, 329
8,384
15,945
7,199
4, 036
5, 465
53, 504
133, 817
14,893
8,746
43, 611
284,041
66. 847
35,661
28, 786
7,477
21, 309
9.014
4,434
4.270
58,993
129,415
12. 457
9,728
40,143
323,168
78, 449
47, 254
37, 760
10,213
27, 547
13,777
4. 876
3.604
64, 537
142, 422
18,900
9,256
42, 316
286,891
58, 318
30, 563
22, 656
5, 386
17, 270
5,738
4,057
3.078
63. 200
142,716
19, 870
7,524
38, 637
357, 450
64.264
43,741
24, 342
7,784
16, 558
4,099
5,133
1,978
75,661
193, 183
24. 826
9,638
48,100
359,098
82.193
59,884
27, 705
7.257
20, 448
4.316
7,1*4
2, 259
75, 362
173. 838
23, 736
6,412
44,173
338,639
61,113
44, 283
31,222
8, 752
22, 470
5,554
6,889
3,340
71,355
174,950
23,835
5, 534
45, 235
344, 559
46, 752
26,583
25, 881
8,026
17, 855
4,087
3,240
5,752
73, 508
198,418
29, 326
5,387
59, 726
316, 520
40, 886
21.0S6
22,058
6,314
15, 744
3,927
2,762
3,381
65, 810
187, 766
19,493
5,364
62,864
318,051
40. 277
13, 526
14,965
4,005
10, T60
1,608
2,056
1,993
74, 4£0
188,319
21,337
6,110
58,422
344,444
33,589
8,295
17,758
6,480
11,278
2,209
1,764
1,536
76,310
216,787
17,661
6 332
54,496
312,337
31,987
7,861
20,407
7,706
12, 701
1,538
3,151
. 2, 593
75, 545
184,398
13,964
3,966
48,292
220, 217
11,901
90, 795
13, 277
26, 566
655
186
158
13, 280
41,029
39,467
19,571
6,330
30, 355
5,170
8,396
6,372
175, 756
5,702
54, 339
13,171
48,150
5,708
3,797
2,080
10.990
26.681
25,970
18,490
3,534
22,394
4,787
8,281
1,691
181,461
3,341
60,511
19, 520
41,516
3,851
1,815
2,401
10.P67
34,233
33,125
19, 655
3.460
22, 206
3,803
8,351
1,813
215, 281
5, 229
64,197
20,438
53,853
2,994
1, 557
5,123
14, 605
40, 426
39,827
22, 029
4,379
29, 548
5,055
11,390
3,728
235, 402
9,033
77, 695
18,985
60, 344
6.313
2.656
4,965
13, 577
36,109
34,833
15.166
5,352
37,053
6,689
12, 395
6,629
246,903
9,955
91,fO5
18,915
57, 333
5,303
3,383
3, 895
15.719
33.215
32,012
17,111
5,912
38, 285
8,363
10,215
7,879
241, 897
8,030
100,107
22, 196
52,024
7,313
1,591
2.563
14,191
30,164
28. 877
20,002
5.958
31, 570
9,663
7,871
2,480
199, 775
10.481
65, 789
7,998
38,039
4,786
924
2, 613
8, 945
26,963
26, 279
23, 270
6,733
35, 234
10, 819
8,067
4,593
216, 732
11,322
76,041
9,335
41,160
5,170
392
3,968
14.973
26, 401
26.089
26. 957
6,402
34,850
10,466
8,122
4,134
212, 240
7,958
77. 883
8, 760
40, 883
4,220
357
4,953
12, 74«
30, 475
29, 778
25, 993
6.652
29.048
5,084
7,079
7,012
211,382
8,052
70,057
9,283
38,215
5, 351
231
4,2^0
12.115
36.917
36.180
25. 797
6.889
32, 344
5,067
9,282
6,143
211,390
9, 209
72,720
8,972
35,876
3,222
251
4,053
15,426
37,802
37,164
28,491
10,330
27, 292
4,743
7,579
3,590
232, 258
14,849
86,645
13,362
32,303
1,751
201
802
20,299
39,852
37,976
24, £85
6,986
34,024
5,175
9,004
8,583
214,106
88,495
21,515
20, 588
50,342
33,166
180,379
60,962
20, 778
27, 605
35, 651
35,383
199,483
67,606
19, 465
38,412
38, 275
35, 725
207.140
70, 500
24. 898
27, 722
45,416
38,604
214,454
75, 386
27, 881
21, 777
48, 614
40, 795
232, 738
86, 770
25, 665
29.786
55. 619
34,898
234, 634
95,714
24, 793
23.316
53, 732
37,079
189,824
70,420
23, 838
23.138
42, 860
29, 567
206,719
77.880
25, 636
22,812
46, 596
33,794
202. 974
78,125
25.052
24, 539
42,447
32,810
203, 702
70.866
26,095
27, 215
43. 337
36,189
205,397
70,511
23,642
31, 275
45,146
34, 823
217,828
85,231
24,924
22, 567
45, 414
39, 691
•t
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Express Operations
9,525 11,007
9,167
9,105
9,560
Operating revenue
thous. of dol.
74
74
62
76
80
63
Operating income
_
do
Local Transit Lines
Fares, average, cash ratefcents.- 7. 8253 7. 8585 7.8585 7.8585 7.8585 7. 8336 7. 8336
Passengers carriedt
thousands.. 726, 760 718,852 740,887 810,731 784,590 825,903 811,787
60,649 58,950
Operating revenues
thous. of doL.
52, 699 54, 561 59,309 57,174
Class I Steam Railways
Freight-carloadings (Federal Reserve):
Combined index, unadjusted...1923-25 = 100.Coal
do
Coke
do
Forest products
.do
Grains and grain products
do
Livestock
do
Merchandise, 1. c. 1
.do
Ore
do
Miscellaneous
do
Combined index, adjusted
do
Coal
do
Coke
.-.do
Forest products
..do
Grains and grain products
-do
Livestock
do
Merchandise, 1. c. 1
do
Ore .
..._do
Miscellaneous.
do
78
75
88
51
89
38
61
178
83
76
85
108
49
74
38
61
96
82
57
44
90
37
62
125
75
70
78
69
42
75
37
62
67
74
85
89
78
49
99
57
65
149
92
77
85
82
45
88
45
63
85
89
96
95
52
87
62
65
160
97
80
87
95
50
87
44
62
108
83
87
100
50
83
50
64
105
91
82
80
100
51
88
41
63
191
73
79
101
44
75
39
60
29
81
78
71
92
51
87
40
62
116
72
95
106
41
66
38
58
25
74
78
83
90
47
73
39
62
114
86
9,281
76
9,586
84
9,588
75
9,837
61
9,528
71
9,415
77
7. 8336
767, 688
56, 545
7.8253
823,167
59,974
7. 8253
798,945
57,872
7.8253
813,615
59,139
7. 8253
755,312
55,935
7. 8253
724, 709
53, 574
68
80
88
43
69
33
59
26
71
73
68
65
44
75
40
61
107
83
67
70
73
44
69
31
60
26
74
69
66
70
43
75
39
60
105
77
67
63
62
44
70
34
60
42
76
70
75
73
43
79
37
59
102
74
71
67
70
47
66
34
60
134
80
72
78
73
45
74
38
60
96
77
75
69
85
48
73
31
60
170
85
75
81
91
45
74
38
60
100
82
77
70
110
31
60
182
82
75
83
105
46
80
35
61
96
• Less than $500.
t Revised series. Data on fares revised beginning August 1936; see p. 45 of the July 1940 Survey. Passengers carried revised beginning 1938, see note "q" (note should have
been marked with a "t") on p. 37 of the April 1940 Survey.
38
SUEVEY OF CUREENT BUSINESS
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
October 1940
1940
1939
August
September
October Novem- December
ber
January
February
March
April
May
June
July
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION—Continued
Class 1 Steam Railways—Continued
Freight-carloadings (A. A. R.):1
3,718
Total cars
thousands..
3,388
657
••587
CoaL
do
54
'35
Coke
do
186
'159
Forest products
do
208
'210
Grains and grain products
do
62
'62
Livestock
do
755
r 772
Merchandise, 1. c. 1
do
347
'244
Ore
do
1,449
'317
Miscellaneous
do
104
131
Freight-car surplus, total.do
51
70
Box cars-..
do
34
Coal cars
do
Financial operations:
Operating revenues, total
thous. of dol.. 381, 427 344,400
310, 645 276, 708
Freight
do
40, 974 ' 39, 820
Passenger
do
267, 505 247, 622
Operating expenses
do
47,907 '42,211
Taxes, joint facility and equip. rents*_.do
66, 015 ' 54, 567
Net railway operating income
do
10,053
Net income
do
Operating results:
31,389
Freight carried 1 mile
mil. of tons..
.962
Revenue per ton-mile
cents..
2,283
Passengers carried 1 mile
millions._
Financial operations, adjusted:*
327.1
Operating revenues, total.-.
mil. of dol..
263.8
Freight
_
--do
35.5
Passenger
do
281.7
Railway expenses
do
45.4
Net railway operating income
do
2.7
Net income
do
Waterway Traffic
Canals:
Cape Cod
thous. of short tons.
New York State
do...
Panama, total
thous. of long tons.
In U. S. vessels
do...
St. Lawrence.
..thous. of short tons.
Sault St. Marie.
..do...
Welland
do...
Rivers:
Allegheny
do._.
Mississippi (Government barges only).do...
Monongahela
..do...
Ohio (Pittsburgh district)
_
.-.do..Clearances, vessels in foreign trade:
Total U. S. ports
thous. of net tons.
Foreign...
...do...
United States
do...
Travel
Operations on scheduled airlines:
Miles
flown
thous. of miles..
Express carried
__.
pounds..
Passengers carried
number..
Passenger-miles
flown
thous. of miles..
Hotels:
Average sale per occupied room
dollars..
Rooms occupied
percent of total...
Restaurant sales index
_
1929=100..
Foreign travel:
U. S. citizens, arrivals
number..
U. S. citizens, departures.
...do
Emigrants
_
do
Immigrants.
do
Passports issued
do
National Parks:
Visitors...
_
do
Automobiles
do
Pullman Co.:
Revenue passenger-miles
.thousands. _
Passenger revenues
thous. of dol._
COMMUNICATIONS
Telephone carriers:
Operating revenues
thous. of dol__
Station revenues
do
Tolls, message
do
Operating expenses._
do
Net operating income
do
Phones in service, end of month..thousands.
Telegraph and cable carriers :f
Operating revenues, totalf
thous. of dol.
Telegraph carriers, total
do —
Western Union Telegraph Co., revenues
from cable operations
thous. of doL.
Cable carriers
do—
Operating expenses f
do
Operating income t
do—
Net income t
do—
Radiotelegraph carriers, operating revenues
thous. of dol..
2,418
1,202
1,008
13, 713
1,820
501
217
2,679
1,412
v 6, 331
r> 4, 307
v 2, 024
3,844
740
45
171
219
90
780
211
1,523
70
33
16
381,118
314,400
37, 146
251, 167
43, 516
86, 435
41, 078
3,375
676
46
152
165
84
640
253
1, 358
68
34
15
3,040
601
47
142
148
67
616
182
1,236
108
47
35
3,262
671
59
155
171
63
716
55
1,371
160
58
69
2,555
643
50
115
117
50
554
38
989
126
59
36
2,487
571
43
121
123
43
571
39
974
178
69
75
3,123
624
45
160
163
53
741
51
1,284
188
'70
85
2,494
444
30
129
131
45
595
59
1,062
163
67
419, 717 368, 027 345, 247 345, 498 313, 475 327, 009 321, 439
355, 104 310, 434 276, 272 283, 107 257.630 266, 721 265, 246
33, 262 29, 956
33. 367 29, 289 37,816
36, 079 31,945
271, 538 256, 170 249.013 257,341 240,519 248. 594 245, 818
41.799
46, 563 41, 511 35, 281 42, 591 40, 338 41,681
101,616 70, 346 60, 953 45, 567 d 32. 618 36, 734 33, 822
56, 521 33,004 36,622
2,927
*
10, 761 < 4,955 <* 9, 261
2,713
470
33
134
126
47
597
195
1, 112
154
69
56
3,535
600
50
171
164
52
725
323
1,446
126
54
43
2,826
474
41
127
203
41
570
275
1,095
133
57
47
343, 362 344.813 366.078
284.634 2S0,6ftO 300,658
29. 742 35. 936 37. 732
252, 803 252. 4f)2 262.019
43, 483 44, 932 46. 975
47, 077 47,419 57,084
3,843
7,050
16, 042
36,115
.941.
2,097
40, 066
.951
1,866
35, 131
.953
1,591
31, 460
.961
2,020
32, 502
.952
1,932
29, 655
.947
1,709
31,116
.944
1,803
29,903
.964
1,691
33,086
.927
1,699
32. 908
.930
2,050
33, 713
.963
2,244
360.9
296.9
35.5
290.5
70.5
26.2
377.6
313.8
34.8
306.6
71.0
27.1
369.1
307.4
32.6
303.6
65.5
23.8
359.8
296.6
34.7
295.4
64.4
21.3
357.6
294.1
34.8
301.3
56.3
15.3
339.2
278.3
33.9
290.3
48.9
8.4
328.7
265.9
35.6
289.9
38.8
328.3
269.9
32.4
289.0
39.3
341.8
281.4
32.5
290.4
51.3
9.5
359.8
297.2
34.8
299 5
60-2
18.4
356.3
293.8
33.8
302.7
53.6
414
687
2,385
971
1,284
10, 552
1,713
434
615
2,446
1,034
1,216
11, 493
1,564
513
717
2,386
1,037
1,215
12,353
1,748
485
709
2,473
1,031
1,073
10,438
1,535
661
0
2,461
1,047
33
953
404
0
2,338
1,066
0
0
0
434
0
2,124
1,022
0
0
0
631
0
2,279
1,073
0
0
0
572
0
2,081
1,042
268
1,278
449
234
228
1,949
1,411
279
150
2,077
1,355
320
181
2, 457
1,443
303
192
2,494
1,427
214
128
2,658
1,443
60
83
1,281
315
125
79
1,615
836
207
158
2,288
1,135
7,280
5,551
1,729
6,306
4,537
1,769
5,974
4,285
1,689
6,071
4,196
1,875
4,536
3,215
1,321
4.356
3,034
1,322
4,250
3,014
1,237
4,597
3,198
1,399
7,639
933,965
194,418
75,145
7,442
7,626
981,462 948,501
192. 544 194,216
75,800 77,468
7,271
7,733
6,673
7,408
844.413 1,038,278 817.633 697,385
171. 557 175, 263 150,102 139,816
71, 530 61, 355 58,937
67,031
(0
0)
647
1,789
898
1,055
13,455
1,913
469
204
2,687
1,552
2.285
1,075
1,123
13,842
1,832
302
164
1,984
1,208
665
2,319
1,358
1,057
12, 250
2,051
475
246
2,603
1,560
4,759
3,078
1,680
5,845
3,751
2,094
'6,335
'4,2<0
' 2,105
p 6, 340
p 4, 241
p 2, 099
399
'198
2,681
1,474
8,332
9,549 10,121
7,930
9,267
894,581 871, 317 941,810 981,884 1,056,999
195,062 224,852 258,451 286, 272 296, 539
80,686 88,062 100,044 110,840 112,377
64
100
3.39
61
93
3.35
64
89
3.39
67
93
3.44
61
3.29
54
90
3.21
66
92
3.25
66
91
3.18
65
89
3.40
66
104
3.10
66
108
3.27
62
95
3.19
60
40,295
26, 656
2,301
5,518
1,843
19,700
10,033
1,996
5,492
1,759
10,129
7,984
1.607
5,861
1,641
11,565
7,099
1,714
7,673
1,663
13,367
15, 785
1, 530
3,876
2,527
21,049
14,125
1,248
7,025
1,870
22,822
25,113
1,459
6,373
2,070
16,067
16,410
1,192
6,923
2,109
12,905
11,948
1,310
6,186
2,604
16.603
8,688
993
4,125
2,435
44,501
38, 573
2,950
7,006
7,444
17,254
12,354
1,189
4,298
2,848
875,682
238,296
433,014
131,631
247,149
74,366
83,966
27,081
63, 486
19, 740
68, 774
19,470
77,122
21,189
117,430
32,967
124,864
38,580
539,769
166,667
927,757
257,109
764,706
4,855
736,325
4,679
696,186
4,467
562,047
3,704
675,284
4,367
795,095
5,254
671,769
4,558
735,316
4,871
635,802
4,170
259,368
77,869
570,836
4,749
685,427
4,277
702,186
4,263
101,793
65,060
27,942
68,650
19,268
18,160
103,843 105, 520 103, 403 105,125 106,144 102,999
68.453 68. 394 69,026
70,023 68.674
65,696
29. 361 28, 318 26.265 27.188 27,322 25,512
67,210 69,157 70,052 70, 568 70,329 67,868
22,240
20,119
20,973 20,365
22,386
19,406
18, 357 18,447
18, 537 18, 710 18,802
18,263
106,094 107,155
69, 716 70,469
27,573 27,859
69.675 69, 842
21,172 22,135
18,992
18,896
108,603 106, 063 106, 593
71.007 69,741
68,972
28,693 27,424 28, 636
71, 950 68,995 71,850
21, 391 18,404 19, 204
19,089
19,108 19,137
10,445
9,451
10,020
9,094
10,868
9,932
10,661
9,687
11, 586
10, 565
610
989
9,210
424
«*432
11, 925
10,822
658
1,103
10,008
1,212
331
599
994
9,408
332
<*460
566
926
8,892
443
591
936
9,554
626
123
594
973
9,321
641
145
661
1,022
9,816
1,035
397
1,152
1,258
1,109
1,028
1,072
1,116
1,239
10,690
9,887
12,495
11,079
11,087
9,995
10, 313
9,324
542
802
9,386
621
900
1,417
9,675
2,072
1,311
684
1,092
9,308
1,094
230
893
1,622
1,263
11,116
10,198
918
9,621
759
466
1,177
10.773
9,906
543
867
9,873
204
<*293
1,149
d
l
' Revised.
Deficit.
* Preliminary.
Data temporarily discontinued by reporting source.
IData for August and December 1939, March, June, and August, 1940 are for 5 weeks; other months, 4 weeks.
•New series. Adjusted data on financial operations of railways beginning 1921 appear in table 33, p. 16, of the September 1940 issue. The new series on taxes and Joint
facility and equipment rents is shown to provide figures for obtaining total railwayexpensesasgiveninthe adjusted figures of financial operations; earlier data may be obtained
by deducting operating expenses and net railway operating income from operating revenues.
fRevised to exclude data for radiotelegraph carriers for which comparable data on expenses and income are not available owing to changes in accounting system; revised
figures beginning 1934 will appear in a subsequent issue.
October 1940
39
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1940
1939
gether with explanatory notes and references
to the sources of the data, may be found in the August August Sep- October Novem- December
1940 Supplement to the Survey
tember
ber
1940
January
February
March
April
May
June
July
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Alcohol, denatured:
Consumption
thous. of wine galProduction
do._Stocks, end of month
do-__
Alcohol, ethyl:
Production
thous. of proof galStocks, warehoused, end of month
do
Withdrawn for denaturing
do
Withdrawn, tax paid—
do-.Methanol:
Exports, refined
gallons Price, refined, wholesale (N". Y.).dol. per gaL.
Production:
Crude fwood distilled)
..thous. of gaL.
Synthetic
do..-.
Explosives, shipments
thous. of lb_.
Sulphur production (quarterly):
Louisiana
long tons..
Texas
do
Sulphuric acid (fertilizer manufacturers):
Consumed in production of fertilizer
short tons..
Price, wholesale, 66°, at works
dol. per short ton-.
Production
short tons..
Purchases:
From fertilizer manufacturers
do
From others
do
Shipments:
To fertilizer manufacturers
do
To others
do....
Stocks, end of month
do
11,195
11,510
2,919
9,202
9,190
2,007
12,848
12,625
1,776
15.453
15, 181
1,496
13,068
13, 060
1, 479
11,434
11,158
1,173
10,147
10. 398
1,417
8,505
8, 4(>0
1,366
9,524
1,392
9,793
9,991
1,591
24.094
23, 645
20,918
1,424
18, 539
32,919
16,050
1,780
18,104
25.913
22, 315
2,187
20, 965
17,974
26,033
2, 248
21, 787
14, 168
22,944
2,282
22,080
14.614
19, 524
1, 729
20,656
15, 279
18. 386
1,504
20. 381
18.773
11.697
1,640
20,983
20. 677
16,730
2,012
.34
28,373
.36
28,337
.36
263, 588
.30
123,995
.36
368. 246
.36
369, 290 228.357
.36
.36
35,036
360
2, 079
32, 700
405
2,640
35, 933
4fi3
4,158
40, 612
480
4,612
35,477
434
4.184
30, 580
106, 795
372,655
447
3, 782
31,035
134, 287 175,338
16.50
161, 791
16. 5G
16. 50
16.50
153,897 203,024 208,461
9,497
10,443
2,605
21, 423
21, 799
17, 490
3.380
22,457
22, 393
19, 621
2,020
326,149
.36
35, 725
.34
21,932
.34
53, 341
.34
74, 295
507
3. 463
30,189
442
3.486
32, 204
437
3, 409
34, 475
426
3,426
32, 877
121, 820
546, 558
126,650
530,047
115,119
16.50
457
3, 453
34,690
9, 625
9,706
1,662
20, 218
20,957
17,611
2,035
10,037
10, 037
1,586
20, 953
21.921
17, 752
1, 782
140, 272 143, 742 137, 321
182,160
158, 592 149,303
16.50
219,838
16.50
235,023
16.50
16.50
16.50
212, 719 196, 290 192,816
16.50
191,643
16.50
176, 846
176, 860 172,332
33, 340
149,995
525, 157
19, 252
15. 568
30,040
33, 590
31. 774
40,019
37, 562
32, 784
32,885
36,889
26,699
26,826
19. 724
23,685
19,383
23,416
11,991
27,618
15, 692
27, 330
18,013
36,029
45,396
43. 846
72,536
37, 574
44,089
74,113
42,835
57, 410
75,377
44,979
58, 318
74,027
47,623
59,870
83,814
39,636
58,335
92,040
40,300
55, 650
93,132
34,685
55.002
93,231
32, 533
58,061
94,820
37, 371
59,090
89,282
16.50
34, 534
57, 344
90,971
FERTILIZERS
Consumption, Southern States
122
72
61
thous. of short tons.
1,536
379
675
43
148
108
187
190
329
1,125
Exports, total
long tons.. 178, 474 141,171 123, 792 112,699 79, 270 70,905 56,602 53, 398 60,332 65, 798 108, 207 90,061 122,837
15, 379 21,021
30, 321 26,618 27,157
Nitrogenous.
do
27,164 28,902
14,847 20,053
18,974
7,538
18,629
20, 485
66,619 86,672
128,907 106,607 76,904 78,418 55,009
Phosphate materials
_
do
19, 717 43,311
43, 474 27,099
80.484
43,167
r
372
630
881
Prepared fertilizers
..do
722
697
1,921
486
489
278
800
349
544
748
99,002 117,250
89, 891 76,002 88.276 110,046 109.670 126,952 146,012 140, 544 178, 782 144,702 146,797
Imports, total
_
_
do
83, 707 109, 618
75, 542 45, 795 71,447 91,431 101,335 100.510 103,281
Nitrogenous, total.
do
73,792 135,839 118,515
97.020
52, 703
62, 598 82, 342
Nitrate of soda
..do
9,481
10, 445 42, 204 66, 407 59, 518 56,627 26, 506 80,039
79. 299
89,679
9
3,136
3,386
476
Phosphates
_
__
_
do
408
2,799
705
693
2,549
406
392
1,228
600
7,441
8,829 29,087
10,349
40,094
Potash.
do
4,214
18,161
14,571
41, 798 65,486
15,877
30,197
19, 553
Price, wholesalo, nitrate of soda, 95 percent
1.450
1.450
1.450
(N. Y.)
dol. perewt..
1. 450
1.450
1.450
1.450
1.450
1.450
1.450
1.450
1.450
1.450
23,363 35,817
Potash deliveries
short tons..
5,412
38,956
54,762
72,622 70,952 62, 635 54,944
10,106
4,711
3, 511
Superphosphate (bulk):
Production-.
_
do
279,107 305, 538 406,809 417,410 405,199 430, 820 358, 758 351,009 338, 482 339, 736 327,169
61,120
Shipments to consumers
_..do
52, 741 158, 717 221,376 133. 372
19, 225 24, 368 30,335
28,277 109. 223 67.143
Stocks, end of month
do
963, 431 1,012,067 1,122,492 1,228,028 1,233,297 1,256,690 1,250,521 1,115,331 834,900 906,650 945, 712
NAVAL STORES
Rosin, gum:
Price, wholesale "H" (Savannah), bulkf
1.42
1.76
1.69
dol. per 1001b..
2.25
1.96
2.38
2.13
2.36
2.34
2.31
2.35
2.17
2.30
43,411 46,132
Receipts, net, 3 ports
bbl. (500 lb.)_ 48, 389 57,640 60, 289 54, 574 43, 736 51, 032 11,630
7,710
6.764
37, 792
26, 679
524, 212
529,416 519, 556
Stocks, 3 ports, end of month
do
679,127 630, 926 643, 443 642, 234 605,046 570, 403 544, 281 522,133 516, 741
TurpentiDe, gum, spirits of:
.32
.33
.34
.34
Price, wholesale (Savannah)
dol. per gal.24
.35
.26
.27
.30
.37
.27
.26
.33
11, 302 12,340
Receipts, net, 3 ports
bbl. (50 gal.' 11, 496 13, 754 16,369 14, 605 10, 945 10,202
1,487
611
1,202
9,429
6,584
53, 345 54,488
55, 809 102, 285 101, 111 93, 317
Stocks, 3 ports, end of month
do._
94, 677 76,664 66, 532 58,369
51,215
50, 704
OILS, FATS, AND BYPRODUCTS
Animal Fats and Byproducts and Fish
Oils (Quarterly)
Animal fats:
231, 581
249,278
229,509
Consumption, factory
thous. of lb_.
256,378
610,030
Production
do
480,251
629,499
688,427
633, 821
Stocks, end of quarter
..do
•318,616
560,537
417,673
r
89,978
85, 454
Consumption, factory
__do.
' 54,123
61,061
109,979
107,304
112,203
Production
.do.
' 93,624
122, 330
110,851
Stocks, end of quarter
do••60,375
r 52,833
Shortenings and compounds:
287,998
Production
do.
273,119
405, 331
330,816
52, 880
Stocks, end of quarter
_-.do.
57,250
56,621
36,539
Fish oils:
47,402
Consumption, factory
do
' 67,981
'80,026
' 63,129
5,843
Production
do
'81,556
34,015
129,743
166, 507
221,392
Stocks, end of quarter
do.
203,521
245,150
Vegetable Oils and Products
Vegetable oils, total:
Consumption, crude, factory (quarterly)
756
mil. oflb
914
1,019
8,648 10, 245
Exports
thous. oflb.. 11, 695 3,865
15,057
8,804
9,178
7,908 24, 745 16,022
17, 436
10,499
12,091
74, 854 86,413 51,620 64,593 81,674
Imports, total
do_
80, 975
80, 711 66, 579 67,011 66,051
71,149 78, 214 96,629
10,839
Paint oils.
do.
16, 733
20, 527
10, 292 11, 277 12,402
7,580 9,107
11, 944 15, 791 19, 533
1,388
All other vegetable oils
do
64,015 76,121 40,343
52,191
60,183 58,999 57,904 64,663 59, 205 62, 424 77,096
74, 731 64, 242
Production (quarterly)—
mil. oflb
'1,069
558
910
583
Stocks, end of quarter:
••784
Crude
do..
861
713
Refined
do,.
'654
754
684
'521
f Revised,
f Re vised series, Data prior to July 1940 on prices of gum rosin converted from price per barrel of 280 pounds gross (conversion factor 2.324) published in previous issues
of the Survey.
40
SUEVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1940
1939
gether with explanatory notes and references
Sep- October Novem- Decemto the sources of the data, may be found in the August August
tember
ber
1940 Supplement to the Survey
ber
October 1940
1940
Jauuary
February
March
April
May
June
July
18, 932
27, 606
70, 217
17, 454
46,933
19,137
3.084
34,977
2,527
18,150
CHEMICALS AND ALLIED PRODUCTS—Continued
OILS, FATS, AND BYPRODUCTS—Con.
Vegetable Oils and Products—Con.
Copra:
Consumption, factory (quarterly).short tons..
Imports.. . . .
do-_
Stocks, end of quarter
do..
Coconut or copra oil:
Consumption, factory:
Cru'ie (quarterly)
thous. of 1b
Refined (quarterly)
do..
In oleomargarine
do..
Imports..
do.Production (quarterly):
Crude
do...
Refined
do..
Stocks. end of quarter:
Crude
_.
do..
Refined
do...
Cottonseed:
Consumption (crush)...thous. of short tons..
Receipts at mills..
do
Stocks at mills, end of month
do.
Cottonseed cake and meal:
Exports
short tons..
Produetion
do
Stocks at mills, end of month
do
Cottonseed oil, crude:
Production.... .
thous. of lb_.
Stocks, end of month
do._Cottonseed oil, refined:
Consumption, factory (quarterly)
do...
In oleomargarine
do ..
Price, wholesale, summer, yellow, prime
(N. Y.)
.dol. per 1b
Production
thous. of lb..
Stocks, end of month
do
Flaxseed:
Imports.
thous. of bu._
Minneapolis:
Receipts
.do.
Shipinents
do.
Stocks
.do.
Duluth:
Receipts
do
Shipments
,
do._
Stocks
__do-_
Oil mills (quarterly):
Consumption .
_.do..
Stocks. end of quarter
do .
Price, wholesale. No 1 (Mpls.) dol. per bu
Production (crop est.)
thous. of bu _
Linseed cake and meal:
Exports..
.
do
Shipments from Minneapolis
do
Linsred oil:
Consumption, factory (quarterly)
do
Price, wholesale (N. Y.). _
..dol. per lb
Production (quarterly)
thous. of lb-.
Shipments from Minneapolis
.do
Stocks at factory, end of quarter
do
Oleomargarine:
Consumption (tax-paid withdrawals)...do
Price, wholesale, standard, uncolored (Chicacro)
dol. per lb..
Production
thous. of lb.
Vegetable shortenings:
Price, wholesale, tierces (Chi.)---dol. per lb..
PAINT SALES
Calcimines, plastic and cold-water paints:
Calcimines
thous. of dol..
Plastic pnints
do
Cold-water paints:
In dry form
do
In pqste form
do
Paint, varnish, lacquer, and fillers:
Total
do
Classified, total
do
Industrial
do
Trndo
do
Unclassified
_
..do
20, 578
1.180
26, 286
• 49.239
7,533
• 13, 808
3,773
'141,919
52, 360
1,763
3, 113
10,988
32, 898
17, 222
2,167
17, 774
• 55, 240
28, 658
• 35, 081
31, 790
2,154
34, 744
150. 528
'58,424
1,972
26, 686
48,863
22, 449
2, 051
34, 899
1,841
26, 240
78, 834
35. 633
45, 756
149, 761
55, 986
2, 464
34, 266
146,156
58, 492
1,575
26, 729
61, 949
69. 627
69, 478
73. 725
98, 519
70, 920
87, 781
69, 451
' 197, 491
11,443
' 178, 383
11,881
196,940
13, 407
1,261
36,659
202, 239
15,083
77
125
86
'155
'233
'198
524
1,141
813
712
1, 165
1,266
643
664
1,287
509
384
1,162
521
155
796
425
150
522
292
87
316
175
30
172
102
28
97
55
23
64
140
36, 303
57, 539
675
70.22*
98,440
1.318
232, 352
124, 374
2,335
320.927
197,618
1,403
288.050
206, 931
343
228, 458
219,794
216
235, 367
216, 565
141
194.046
200,173
112
137,666
175, 769
116
83,024
157, 768
52
48,196
129, 637
31
26, 310
110, 506
1
17, 813
81,858
23,158
24, 267
46, 503
62,521
162. 480
110,701
220, 362
156,874
201, 656
184,062
159, 870
181, 235
166.038
200,881
139,443
201, 233
97, 704
186,124
61,482
147,607
37, 343
98, 605
19, 520
65,393
13, 486
37, 514
9,701
'318.455
8,779
10, 077
10, 200
278,034
9,021
8,188
8,468
316,196
7,392
8,526
356, 294
9,034
8,275
.071
93,924
411,791
.068
163,315
433, 637
.065
163,052
490, 215
.069
157,221
553,176
.069
140, 379
586, 632
.069
126, 190
627, 482
.067
113,700
643,947
.068
95, 737
636,515
.064
81,079
600, 111
.060
52. 826
554, 275
.060
44. 337
495,120
1,511
452
875
682
623
1,058
1,763
1,972
1,199
1,434
521
661
8,100
389
2,659
2,709
648
5,456
679
367
5,154
318
428
4,059
269
104
3,616
153
130
2,720
139
119
2,151
127
88
1,751
176
132
1,237
209
172
701
161
123
519
42
38
801
144
659
2,032
1, 170
1,521
948
1,360
1,109
541
566
1,084
145
1,178
51
26
35
42
2
12
31
2
1
32
56
0
170
180
78
53
0
130
63
183
10
1.50
1
30,662
1.54
6,814
' 6, 384
1.75
2.18
2.14
7,892
3,356
2.08
2.11
1.97
6,637
3,148
1.78
1.58
1,021
22, 760
50,163
16, 400
40, 600
23, 280
18,453
21, 440
50,068
14, 200
35, 688
14, 960
66, 237
15, 280
21. 538
13, 760
1,926
10,440
56
18, 560
.107
.102
.108
.105
10, 380
10, 800
13,020
14,000
.056
34, 262
412, 564
.055
' 54, 295
501,849
7,307
1,180
1, 566
244
1,333
.087
' 88, 309
.099
134, 326
14. 700
112, 629
1.84
14, 529
19, 720
30,914
21, 480
.102
2
8,736
4,
2.07
20, 330
52. 765
21, 320
' 88, 287
.102
166,150
8,820
142,457
85, 526
.106
150, 197
12. 960
172,800
98,977
.099
128, 383
14,450
132, 881
8,100
.092
22, 498
21, 206
.118
.135
21,608
255
46
"is," 666
10,680
27,918
23,676
27, 719
25, 737
29,409
28, 474
26,828
27,580
24,123
19, 495
22,066
.124
28,105
.123
23, 785
.128
27, 886
.120
25, 587
.120
29,354
.120
29,477
.120
26, 641
.120
27,408
.120
24, 676
.120
19,852
.120
22,021
.104
" 14," 550
.099
.099
.100
.100
.099
.095
.095
233
40
213
34
32
205
34
186
42
215
54
272
54
302
56
247
43
193
47
179
270
153
206
159
277
140
252
133
264
186
320
234
242
413
207
316
199
251
279
49
154
287
"I4,"35O
33,087
23,413
9.309
14,104
9,674
36, 960
25, 515
10, 420
15,095
11, 445
34, 540
24, 995
10, 976
14, 020
9,544
29,396
21, 772
10, 234
11.538
7,624
25,934
19, 333
9,409
9,924
6,602
27,665
20, 456
9,991
10, 465
7,210
25, 536
18, 8(16
8.920
9,887
6,729
30, 370
22, 610
10, 080
12, 531
7,759
36, 206
26, 552
10,972
15, 580
9,654
41, 722
29, 744
11,051
18, 693
11, 978
36, 271
25, 828
9,776
16, 052
10,443
34,056
24. 278
9,895
14,383
9,779
212
770
850
168
899
955
634
562
565
408
871
682
897
777
CELLULOSE PLASTIC PRODUCTS
Nitro-cellulose, sheets, rods, and tubes:
Consumption
thous.
Production
Shipmentsc?
Cellulose-acetate sheets, rods, and tubes:
Consumption
thous.
Production
Shipmentsd"
Moulding oomposition:
Production
Shipments^
l
of l b . .
do
do...
168
890
970
326
1,069
1,065
328
1,164
1,156
311
1, 315
1,232
346
1,361
1,244
271
1,089
1,199
271
1, 239
1,081
186
1,016
918
212
1,090
925
174
852
848
171
800
926
of l b . .
do
do
7
773
784
7
1,041
815
7
706
677
14
713
684
10
725
793
14
987
1,030
857
751
7
637
655
12
550
589
18
558
490
10
702
1,423
1,342
1,034
1,312
1,153
1,410
1,333
1,199
1,119
1,183
1,135
1,177
1,024
972
878
1,104
1,022
951
904
893
837
do
do
' Revised.
September 1 estimate
' December 1 estimate.
^Includes consumption in reporting company plants.
§ Excludes consumption in reporting company plants.
41
SURVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939. together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
1940
1939
August
SepAugust tember October Novem- December
ber
1940
January
February
March
April
May
June
July
CHEMICALS AND ALLIED PRODUCTS—Continued
ROOFING
Asphalt prepared roofing, shipments:
Total
thous. of squares.
Grit roll
Shingles (all types)
Smooth roll
do . .
do...
do...
3.923
1.115
1. 176
1,632
3,867
1,125
1,289
1,453
4.611
1.291
1, 520
1,800
2,486
632
810
1,044
1,546
408
447
1,137
314
285
538
2,105
488
625
992
2,068
490
670
908
2,286
588
921
776
2,924
761
1, 184
980
2,707
734
1,076
897
2,982
827
1,166
989
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production, total
mil. of kw.-hr...
12,443
By source:
Fuel
do....
8,471
Water power.
do
3,972
By type of producer:
Privately and municipally owned electric
utilities
.
mil. of kw.-hr..
11.239
Other producers
do . .
1,201
Sales to ultimate customers, totalf (Edison
Klectric Institute)
mil. of kw.-hr .
Residential or domestic
do . . .
Rural (distinct rural rates)
do
Commercial and industrial:
Small lighi and powt»r...
do
Lnr^e 1 ght an<! power
do
Street and highway lighting
do . . .
Other public authorities
do ->.
Railways and railroads
do . . .
Interdepartmental .
do . . .
Revenues from sales to ultimate customers!
(Edison Electric Institute)...thous. of dol
GASf
Manufactured gas:
Customers, total
thousands..
Domestic
do
House heating
do
Industrial and commercial
do . . .
Sales to consumers, total
mil. of cu. ft..
Domestic
do . . .
House heating
do . . .
Industrial and commercial.
do
Revenue from sales to consumers, total
thous. of dol..
Domestic
do
House heating
do
Industrial and commercial
do
Natur.il gas:
Customers, total
thousands..
Domestic .
__
do
Industrial and commercial
do . . .
Sale* to consumers, total
mil. of cu. ft..
Domestic
do
Indl., com!., and elec. generation
do
Revenues from sales to consumers, total
thous. of dol..
Domestic
do . . .
Ind'l., com'l., and elec. generation
do
11,861
11,234
11,120
11, 661
12,077
12, 252
11,104
11,514
11,193
11,609
11,485
12,091
7,706
3,528
8,002
3,118
8 723
3J38
8.456
3,205
8.891
3,187
9.065
3,186
7,914
3,190
7,583
3,931
6,645
4,548
7,006
4,G03
7,270
4,215
' 7,931
' 4,159
10,332
903
10,213
907
10,895
966
10.661
1,000
11.074
1,003
11,262
990
10. 258
846
10,557
957
10, 277
916
10,616
992
10,402
1,083
10,937
' 1,154
10,067
2,186
98
9,495
2.037
83
9.327
1,921
93
9,270
1,856
124
9.369
1,787
153
9,474
1,798
208
9,610
1.769
261
1,921
4,767
208
235
584
1,833
4, A41
183
232
520
1,770
4,637
174
226
538
68
1,758
4,611
155
221
482
63
1,742
4.799
143
215
468
62
1,799
4,827
130
215
439
58
1,820
4,908
136
212
444
61
213,096
203, 265
197,365
194,415
193. 288
195, 746
195,556
10,110
9.384
266
450
35.028
15.713
8.821
10, 269
10,040
9,328
247
456
38, 521
17.693
10. 444
10.156
10. 071
9,351
257
454
37.307
17.446
10.071
9,568
10.052
9,334
246
460
35,873
17, 167
8,522
9,971
10,025
9,296
256
461
34,182
16.091
7,255
10,646
10,119
9,383
263
460
32,075
15.909
5, 584
10.414
10,134
9,412
252
458
29,009
16.995
2,205
9.764
10.072
9,358
257
449
32. 525
15.341
6,951
10.050
30.638
22. 467
1,849
6, 215
32,056
21.498
3,863
6,574
33, 598
21.625
5, 136
6,703
35.968
22.491
6, 5155
6,772
35, 236
21.675
6,718
6,708
33,728
21, 182
5,795
6,615
32,159
20,906
4,518
6,598
31.650
21.943
3,102
6.493
30.250
22.422
1,621
6,122
501
89,674
15, 192
72,990
7,243
6,738
503
93,712
15, 649
76,688
7,309
6.777
530
103.626
19. 623
82,593
7,436
6,861
573
118,250
30,997
85 655
7,479
6,892
584
129.923
41.519
87,106
7, 435
6,861
572
149,148
57,402
90,392
7,442
6,873
567
158, 466
63, 519
93,189
7,480
6,902
575
136,886
49,721
85,604
7,459
6,886
571
121,805
40,069
81,049
7,477
fi,920
555
108. 434
30,698
76.522
7,443
6,912
529
95,843
21,403
73,187
26,092
12.369
13, 508
26,664
12,359
14,105
30.855
14,867
15. 784
38.771
21,072
17,457
45.626
26. 748
18,659
56,879
36,003
20.638
59,677
38,437
20.938
50.136
31,239
18,609
43,311
26,299
16,890
36, 722
21,293
15,226
30,517
16,372
13,957
3,788
2,930
7,926
3,478
3.238
8,000
4,382
3,809
8,391
5,109
4,177
9,105
5.483
4,883
9,508
5,594
5,853
9,018
'5,851
5,320
9,324
13,181
8,406
748
517,583
10,010
9.330
206
463
24. 520
14. 760
754
8.891
10,075
9,383
222
463
26,470
16.435
874
9,037
10.084
9,377
245
452
29.466
17. 152
26. 447
20.055
664
5,638
28.458
21. 720
837
5,818
7,202
FOODSTUFFS AND TOBACCO
ALCOHOLIC B E V E R A G E S
Fermented malt liquors:
5.074
Production
thous. of bbL.
5.393
Tax-paid withdrawals
do
8.776
Stocks
do
Distilled spirits:
6.742
Production
thous. of tax gal..
4.850
Tax-paid withdrawals
do .
504
Imports
thous. of proof gal..
Stocks
thous. of tax gal.. 521.601
Whisky:
3.252
Production
do . . .
3.617
Tax-pnid withdrawals...
do . .
413
Imports
thous. of proof gal..
477,484
Stocks
thous. of tax gal
Rectified spirits and wines, production, total
thous. of proof gal..
Whisky
do . .
Indicated consumption for beverage purposes:
All spirits
thous. of proof gal..
Whisky
do....
Still wines:
Production
thous. of wine gal..
Tax-paid withdrawals..do . . .
Imports
do
102
Stocks
do
Sparkling wines:
Production
do
Tax-paid withdrawals
_
do
Imports
do
18
Stocks
do
'5,456
'5,719
'8,838
4,392
4,921
8,112
4,237
4, 169
7.994
3,685
3,826
7,696
'6,391
'6.631
710
518,482
10,244
8.772
1,843
514, 433
17.946
11.066
1, 113
510,606
14,921
13, 485
1.058
506,894
11,553
12,506
9.400
6,517
716
1, 501
508. 205 512,394
11,846
7,928
623
514,505
13,938
7,818
775
522,503
13,929
7,543
866
527,362
10,657
10,871
1,824
525,403
7,581
7,634
702
523,596
4,392
'5,066
612
475,365
4,985
6,793
1,599
472,499
7.074
8.550
959
469, 173
8.946
10,385
012
465,934
8,033
7,704
1.298
465,018
10,021
5,500
582
469,004
9.599
10, 304
11, 223
6, o!6
5,793
645
534
674
470, 519 473,278 477,865
11, 504
5,848
752
482,555
8,187
8,337
1,570
480,945
5,200
5,475
589
479,189
3,189
2,332
4, 005
3,258
5,202
4,329
6,341
5.532
4,002
3,249
2,679
2,078
3,402
2,839
3,480
2,669
3,721
2,764
3,466
2,694
5,239
4,218
4,392
3,446
8,709
7,104
11,959
10,309
13, 703
12,007
16, 266
14, 508
12. 390
10,870
8,378
7,243
9,889
8,903
10, 520
8,671
10, 210
8,156
9,741
8,242
14, 700
12,644
10,142
8,348
5.211
5.053
152
87,127
44,293
6,195
420
99.817
105. 599
8.011
370
139,099
35,895
8.624
379
142,721
8,134
9.109
424
133,916
2,773
5,912
304
127,936
2.064
6,393
233
121,877
1,885
6,236
247
116,323
1,828
252
110, 695
1,712
5,775
306
105,337
2,019
10,425
665
93, 254
3,303
3,385
196
91,237
16
21
26
21
34
84
625
27
50
59
£97
36
56
80
576
48
101
130
511
31
25
34
512
18
14
24
506
46
17
20
532
45
18
26
556
90
24
39
619
34
101
660
28
18
29
669
3,588
3,916
7,191
' Revised.
tRovised series. Data on manufactured gas revised beginning January 1938 and natural gas beginning January 1937; see tables 24 and 25, pp. 16 and 17, of the May 1940
Survey. Electric power sales and revenues from sales revised beginning 1937. Earlier monthly data will be shown when available.
42
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
October 1940
1939
August
September
1940
October Novem- December
ber
January
February
March
April
May
July
June
FOODSTUFFS AND TOBACCO—Continued
DAIRY PRODUCTS
Butter:
Consumption, apparent
thous. of lb.
Price, wholesale, 92-score (N. Y.)--dol. per lb_
Production, creamery (factory).thous. of lbEeceipts, 5 markets
do
Stocks, cold storage, creamery, end of month
thous. of lb-.
Cheese:
Consumption, apparent
do
Imports
do
Price, wholesale, No. 1 Amer. (N. Y.)
dol. per R^Production, total (factory)
thous. of lb-.
American whole milk
do
Receipts, 5 markets
do
Stocks, cold storage, end of month
do
American whole milk
do
Condensed and evaporated milk:
Exports:
Condensed (sweetened)
doEvaporated (unsweetened)
do
Prices, wholesale (N. Y.):
Condensed (sweetened)
dol. per case,.
Evaporated (unsweetened)
do
Production, case goods:
Condensed (sweetened)
thous. of lb-.
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of
month:
Condensed (sweetened)
thous. of lb-_
Evaporated (unsweetened)
do
Fluid milk:
Consumption in oleomargarine
do
Price, dealers', standard grade-dol. per 1001b-.
Production (Minneapolis and St. Paul)
thous. of lb-_
Receipts:
Boston
thous. of qt_.
Greater New York
do
Powdered milk:
Exports
thous. of lb-_
Production
do
Stocks, mfrs., end of mo
do
152,150
.32
126,040
53,743
136,005 146,000 147,068
.29
.30
.28
125, 265 136, 625 147,745
51, 276 54,690 62,187
152,698 ' 157,135
.24
.28
163, 715 r 164,860
69. 674
58, 512
152,571
.28
134,515
55,208
147, 955
.29
121,595
49,357
134, 476
172, 825
154, 594
128, 111
89, 783
55, 462
29,189
18,366
8,875
9,504
25,463
81,005 • 123,628
63,535
1,377
r 64, 909
3,435
71, 592
5,762
67, 744
11, 637
51,037
6,344
47, 990
3,478
58, 376
3,339
57, 421
2,959
63,909
61, 752
4,073
82, 020
4,072
68, 673
3,363
.17
72,400
57,635
13, 272
148, 097
125,121
.15
r 69, 040
r 54, 440
14, 579
125,019
103, 594
.17
57, 500
45,195
16, 527
116, 561
97, 530
.18
54, 400
41,310
15,145
114, 736
93,987
.18
42,300
30,145
10, 614
112, 217
90, 219
.18
40, 660
28, 600
9,981
108, 241
86, 805
.18
41, 200
30,440
13, 261
94, 295
75,181
.18
43,000
32,780
10, 866
82, 664
66, 584
.16
53,000
39,585
11, 527
74, 937
61, 510
.15
61, 600
47,620
11, 737
78,706
65,175
.15
.16
.17
86,800
92, 400 82, 700
67, 780 74,090 67, 485
12, 507 15,003
15,276
87, 555 114.362 138,049
73,056
96; 143 115,992
3,368
52, 964
194
1,976
276
3,414
364
3,715
145
1,876
121
2,615
154
2,809
353
2,501
1,194
4,550
4,589
15, 068
5.00
2.90
5.00
3.10
5.00
3.10
5.00
3.10
5.00
3.10
5.00
3.10
361
3,878
5.00
3.06
442
3,636
5.00
3.10
494
2,284
5.00
3.10
5.00
3.00
5.00
3.05
5.00
3.10
231,572
2,455
191, 382
4,368 !
3,479
164, 723 143, 988
2,354
125,529
2,228
135, 536
2,817
3,504
3,370
3,169
158, 656 170, 397 203, 619 225,077
4,906
281,960
6,157
294, 203
6,736
260, 722
9,728
349,433
8,001
355, 071
6,039
135,135
6,312
175,646
5,990
188, 290
5,627
186,081
4,702
4,014
4,579
3,938
6,815
156, 253 150, 458 173, 378 207, 740 287,778
10, 221
228, 565
10, 454
321,332
4,179
4,315
2.12
5,297
2.15
4,538
2.19
5.337
2.22
4,988
2.25
5,696
2.25
5,761
2.25
5,074
2.25
5,244
2.23
4,691
2.18
3,811
2.18
4,264
2.18
28,599
25,226 |
37, 624
38, 441
42, 638
41,113
45,110
43,470
34, 931
19,722
18, 509 20, 309 19,601
121, 550 116, 518 122, 685 120,993
20,992
128,218
20, 370
126,476
21, 505
126,158
1,048
46, 646
40, 412
1, 213
' 35, 859
r 42, 805
2.18
5.00 |
2.90 I
150, 337
.30
112,285
45,197
152, 706
.30
118,430
45,775
172, 643 148, 049 '140,735
.28
.27
.27
188, 645 203, 800 183, 545
68,405
77,919
73,449
r
60, 608
1, 780
26,043
28, 215
33, 548
21, 380
20, 930
127,178
18,901
122, 715
19, 798
128, 697
19,452
121, 848
18, 789
123,192
1, 461
29,642
45, 989
23, 566
18, 298
823
22, 432
11,963
796
20, 782
8,449
544
20, 225
7,548
573
24, 544
11,044
942
4,948
10, 505
8,103
143,085
5,079
4,933
4,912
4,639
3,562
1, 614
577
573
0
9,178
1,674
10, 099
7,289
3,388
30, 307
11,910
3, 320
30, 988
13, 806
2.016
26,198
17, 540
1,631
20, 306
18, 850
2,453
14, 493
14, 334
1,814
8,638
14, 960
2,224
3,606
15,511
1,611
1,135
13, 346
2,432
0
12, 320
2.636
0
10, 052
1,032
1.295
1.588
1.700
1.806
1.925
1.875
1.981
2.095
2.131
2.194
1.770
7.734
12,308
15, 263
12, 566
1.850
'364,016
12,141
18,615
17,979
24, 792
18, 798
21, 879
22,180
"Ii.417
10, 830
8,372
11,281
5,709
8,374
8,332
10, 204
9,324
5,636
3, 825
6,289
10, 673
713
709
153
399
248
358
229
185
130
206
218
.48
.42
.58
.50
.55
.50
.54
.49
.60
.55
.57
.54
.56
.53
.58
.56
.57
.55
.51
.46
.46
.45
20, 062
16,904
13, 546
19,422
8,744
20, 398
6,732
20,106
.58
.52
276,298
7,307
18, 614
7,161
17, 333
5,645
16, 079
5, 059
13, 943
5.910
10, 883
5, 997
8,809
3,847
6,956
2,870
5,598
1,121
6,693
1,855
8,094
5,580
8,588
1,266
6,925
1,867
6,874
1,467
7,042
1,261
7,607
4,139
6,390
6,701
8 5,123
.48
.59
.50
5,274
7,248
.59
.67
5,796
7,076
.54
.57
5,324
6,386
.56
.62
.58
.58
.63
.74
.59
.58
.58
.64
12, 611
8,125
42, 307
13,126
7,777
40, 575
11,996
5,955
39, 704
11, 690
9,633
34,142
29,883
492
27, 870
17,946
458
27,406
24,086
640
34,052
29, 284
r
1,003
43,852
33, 572 ' 35, 843
815
37,507
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
thous ofbu.. ni4,830
721
Shipments, carlot
no. of carloads..
Stocks, cold storage, end of month
0
thous. of bu...
Citrus fruits, carlot shipmonts-.no. of carloads^. 10,150
1,195
Onions, carlot shipments
do
Potatoes, white:
1,581
Price, wholesale (N. Y.)
dol. per 100 Reproduction (crop estimate)
thous. of bu _ 383,172
7,799
Shipments, carlot
no. of carloads
GRAINS AND GRAIN PRODUCTS
Exports, principal grains, incl. flour a n d meal
6,630
thous. of b u - .
Barley:
228
Exports, including malt
do
Prices, wholesale (Minneapolis):
.45
No. 2, malting
dol. per bu._
No. 3, straight
do._
.41
Production (crop estimate)
thous. of b u < 304,955
14,155
Receipts, principal markets
do-_
10, 254
Stocks, commercial, end of mo
do-_
Corn:
3,357
Exports, including meal
do
8 5,450
Grindings
do.
Prices, wholesale:
No. 3, yellow (Chicago) t
dol. per bU-_
No. 3, white (Chicago)
do.
Weighted average, 5 markets, all grades
.66
dol. per b u . .
Production (crop estimate)
thous. of b u '2,297,186
19, 231
Receipts, principal markets
do-.
12, 385
Shipments, principal markets
do..
28,119
Stocks, commercial, end of mo
do..
Oats:
69
Exports, including oatmeal
do..
Price, wholesale, N o . 3, white (Chicago)
.30
dol. per bu._
Production (crop estimate)
thous. of b u 41,206,901
13, 287
Receipts, principal markets
do...
8,395
Stocks, commercial, end of mo
do._.
Rice:
Exports
pockots (100 l b . ) - . 190, 209
52, 240
Imports
do-_
Price, wholesale, head, clean (New Orleans)
.040
dol. per lb-_
Production (crop estimate)
thous. of b u _ . 4 52, 280
.47
.56
.50
.51
12, 077
14,192
22, 655
11, 584
14, 947
31, 609
13,135
27, 541
26, 723
15, 893
38, 202
.57
32,619,137
21, 923
9,469
45, 851
133
162
117
81
72
154
228
.36
.35
.42
.43
.43
18, 625
14, 681
12, 528
16,104
6,261
14, 552
.41
3 937,215
5,632
4,756
12, 054
13,199
216, 072
70, 691
381,765
37, 528
304, 543
8,568
89, 926
58, 365
107,179
32,127
.033
.040
.038
.037
.038
3 52,306
.39
.66
.77
.66
.65
13,116
17, 316
24, 016
23,411
14, 339
25, 419
22,464
15,126
25, 354
57
83
105
.43
.41
.35
.32
4, 751
1,912
4,178
3,026
4,327
4,926
6, 204
7, 539
4,619
3,130
8,979
7,867
247,142 316, 774 292, 278 287, 517 289, 562 294, 632
19, 072 23, 636 40,905
43, 357
27, 572 59,860
4,327
2,769
.039
.039
.038
.03S
.039
» Revised.
•
1
Production in commercial areas; not comparable with earlier estimates of total crop or commercial crop.
* Revised estimate.
' December 1 estimate.
4
September 1 estimate.
8
No quotation.
6
For domestic consumption only, excluding grindings for export.
JFor monthly data beginning 1913, corresponding to monthly averages shown on p. 105 of the 1940 Supplement, see table 20, p. 18, of the April 1940 Survey.
246,135
22, 711
.039
43
SURVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939, to- 1 9 4 0
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
1939
August
September
1940
October Novem- December
ber
January
February-
March
April
May
June
July
FOODSTUFFS AND TOBACCO—Continued
GEAINS AND GRAIN PRODUCTS—Con.]
Rice—Continued.
Southern States (La., Tex., Ark., and Tenn.):
Receipts, rough, at mills
thous. of bbl. (162 lb.)__
Shipments from mills, milled rice
thous. of pockets (100 lb.)..
Stocks, domestic, rough and cleaned (in
terms of cleaned rice), end of month
thous. of pockets (100 lb.)_.
California:
Receipts, domestic, rough____bags (1001b.)__
Shipment from mills, milled rice
do
Stocks, rough and cleaned (in terms of
cleaned rice), end of mo___bags (100 lb.)__
Rye:
Exports, including
flour
thous. of bu__
Price, wholesale, No. 2 (Mpls.)—dol. per bu._
Production (crop estimate)
thous. of bu__
Receipts, principal markets
do
Stocks, commercial, end of mo
do
Wheat:
Disappearance
do
Exports:
Wheat, including
flour
do
Wheat only
do
Prices, wholesale:
No. 1, Dark Northern Spring
(Minneapolis)
dol. per b u . .
No. 2, Red Winter (St. Louis)
do_._.
No. 2, Hard Winter (K. C.)
do
Weighted av., 6 markets, all grades.-do
Production (crop est.), total
thous. of bu_.
Spring wheat
do
Winter wheat
„
do
Shipments, principal markets
do
Stocks, end of month:
Canada (Canadian wheat)
do
United States, total
do
Commercial
do
Country mills and elevators
do
Merchant mills
do
On farms
do
Wheat flour:
Disappearance (Russell-Pearsall)
thous. ofbbL.
Exports
do
Grindings of wheat
thous. of bu_.
Prices, wholesale:
Standard patents (Mpls.)
dol. perbbl__
Winter, straight (Kansas City)
do
Production:
Flour, actual (Census)
thous. of bbl..
Operations, percent of capacity
Flour (Russell-Pearsall)
thous. of bbl..
Offal (Census)
thous. of lb_.
Stocks, total, end of month (Russell-Pearsall)
thous. of bbl..
Held by mills (Census)
do
390
772
972
2,360
1,375 |
679
1,146
1,122
1,083 |
857
1,706
280
1,805
982 I
1,129
1,108
967
1,041
844
1,080
1,135
283
954
748
3,029
3,410
3,282
3,079
3,017
2,994
2, 890
2,632
2,084
1,647
473, 827
160, 879
486, 207 497, 338 354,776
174, 422 224, 541 123, 603
167, 793
65, 521
89, 892
68, 417
97, 273
140, 976
154, 940
91, 480
293,569
97,009
328, 769
141, 744
387, 539
167, 697
231, 879
196, 394
319,168
148,390
473, 481
389, 027
544, 057
574, 503
545, 331
458, 505
437, 830
445, 605
455,143
455, 525
358, 843
367, 777
0
85
.67
.51
2 39, 249
1,295
2,070
9,954
10, 540
88
.70
79
.67
272
.67
90
.70
4
.45
1
.44
1,768
10, 212
1,455
10,120
1,478
10,138
1,448
10, 048
112
.59
1,324
9,912
695
9,506
687
9,037
6,728
3,704
3,837
1,833
2,239
227
1,835
632
1.04
1.06
1.02
1.01
1.08
1.11
1.06
1.06
1.01
1.04
.95
.97
.87
.76
.78
1,170
0)
.41
3 37, 452
1,732
9,142
2,976
934
0
.42
3,455
9,246
8,935
5,903
.74
.77
.69
.73
783,560
227, 721
555,839
21, 442
22, 791
272,360
466, 045
0)
.53
3,160
9,857
206, 612
180,052
2,053
10, 577
176, 936
185, 615
153, 880
3,686
1,876
4,629
1,701
4,173
1,452
2,485
597
2,650
3,816
1,430
.91
.92
.86
1.03
1.04
.98
1.00
754, 971
191, 540
563, 431
13, 086
1.05
1.05
1.01
1.02
1.04
1.06
.83
5,675
2,530
135, 793
.69
.65
.72
1
.52
8,834
7,403
8,659
9,459
18, 525
12, 780
29, 319
310, 855 301, 434 292,090
614, 904
132,842 119,"66l" lI6,~76i"
128,846
114, 231
238, 985
288, 391
437, 968
105,401
80, 817
94, 266
157,484
280, 625
258, 939
255,175
105, 595
97, 670
257,131
297, 542
87, 327
33,730
90, 964
85, 521
.93
24, 495
16, 856
14, 936
274, 841
800, 519
166, 289 161, 987
162, 542
137, 332
338, 658
335, 367
316, 296
151,015
141, 986
7,944
1.01
.79
.76
.71
160,150
435
9,552
645
43, 746
51,101
669
9,946
623
43,025
579
37, 770
6,074
402
36,848
9,284
434
39, 323
8,233
508
36,400
8,338
643
37,812
8,227
427
37,632
428
38,694
256
35,079
385
38, 921
4.17
3.71
4.90
3.36
5.76
4.36
5.58
4.20
5.70
4.28
6.17
5.01
6.02
4.80
5.66
4.73
5.70
4.79
5.77
4.86
5.32
4.55
4.64
4.19
4.48
3.84
9,522
60.3
10,347
772, 787
11,191
8,298
9,428
61.5
56.3
8,929
10, 779
752, 851 655, 454
8,119
55.0
8,523
635,415
8,649
56.3
9,243
682, 637
8,025
56.4
8,441
630,066
8,320
54.1
8,581
657,156
8,269
53.7
8,454
656, 277
8,514
55.2
9,603
673,073
7,682
51.7
8,504
55.1
614, 992
681, 823
5,625
6,475
5,165
6,000
5,700
5,300
5,100
5,300
11, 279
75.9
12,148
890, 697
5,500
4,058
5,710
4,193
LIVESTOCK
Cattle and calves:
Receipts, principal markets, thous. of animals.
Disposition:
Local slaughter
do
Shipments, total
do
Stocker and feeder
do
Prices, wholesale (Chicago):
Beef steers
dol. per 100 l b . .
Steers, corn fed
do
Calves, vealers
_._do__ Hogs:
Receipts, principal markets, thous. of animals
Disposition:
Local slaughter
do...
Shipments, total
do
Stocker and feeder.
do
Prices:
Wholesale, heavy (Chi.)
dol. per 100 lb__
Hog-corn ratio
bu. of corn per cwt. of live hogs__
Sheep and lambs:
Receipts, principal markets.thous. of animals
Disposition:
Local slaughter
do
Shipments, total
do
Stocker and feeder
do
Prices, wholesale (Chicago):
Ewes--_
dol. per 100 lb..j
Lambs
do
i
r
Revised.
1
Less than 500 bushels.
2
December 1 estimate.
3
September 1 estimate.
1, 785
1,764
2,117
2,438
1,912
1,404
1,565
1,247
1,359
1,554
1,576
1,462
1,737
939
833
401
972
795
375
1,019
1,074
546
1,124
1,270
743
963
973
549
833
572
273
997
548
200
810
433
163
825
516
215
974
568
244
936
631
263
594
216
991
723
307
11.00
11.33
10.41
9.09
9.26
10.03
10.23
10.68
11.09
9.87
10.07
10.78
9.63
9.86
9.75
9.59
10.00
9.46
10.44
11.50
9.08
10.53
10.47
9.31
11.34
10.69
9.46
11.22
9.93
9.83
10.89
11.31
10.33
9.59
10.44
11.02
9.85
2,177
2,007
1,995
2,458
2,847
3,331
3,772
2,922
2,710
2,595
2,674
2,650
2,259
1,497
677
37
1,451
550
36
1,458
534
1,825
617
37
2,177
665
40
2,482
849
46
2,753
1,007
47
2,074
841
43
1,964
749
49
1,868
713
43
2,005
666
48
1.927
'718
33
1,598
649
33
6. 23
5.75
7.54
6.97
5.95
5.15
5.25
4.93
4.94
5.46
5.66
5.04
5.99
9. 2
12.0
12.6
13.7
12.5
10.0
9.7
9.1
8.7
8.4
8.4
7.6
9.2
2,392
2,625
2,607
1,907
1,514
1,728
1,424
1,440
1,876
2,002
1,687
968
1,419
504
3.38
7.93
1,064
1,564
613
3.59
9.07
1,075
1,520
944
984
429
848
671
141
1,071
653
119
863
559
824
620
1,046
828
156
1,077
917
169
915
779
132
972
921
214
3.85
9.00
4.39
8.84
4.33
8.38
4.60
8.60
5.09
8.60
5.53
9.64
5.10
9.67
4.16
9.63
3.84
10.16
3.45
9.14
876
1,188
383
3.50
8. 75
44
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the AugUS'
1940 Supplement to the Survey
October 1940
1939
August
1940
Novem- DecemSepber
ber
tember October
January
Fehruary
March
April
May
June
July
FOODSTUFFS AND TOBACCO—Continued
MEATS
Total meats:
Consumption, apparent
mil. of lb..
Exports .. .
do
Production 'inspected slaughter)
do
Stocks, cold storage, end of month
do
Miscellaneous meats
do
Beef and vealConsumption, apparent
thous. of lb..
Exports
..
do . _.
Price, wholesale, beef, fresh, native steers
(Chicago)
dol.perlb..
Production (inspected slaughter) thous. of lb_.
Stocks, beef, cold storage, end of mo.-.do
Lamh and mutton:
Consumption, apparent
do
Production (inspected slaughter)
do
Stock*, cold storage, end of month
do
Pork (including lard):
Consumption, apparent
do
Exports, total.
do
Lard.
do
Prices, wholesale:
Hams, smoked (Chicago)
dol. perlb..
Lard, in tierces:
Prime, contract (N. Y.)
do
Refined (Chicago)
do
Production (inspected slaughter), total
thous. of lb..
Lard
do
Stocks, cold storage, end of month
do
Fresh and cured
do
Lard
-.do—
1,227
1,068
797
1,138
39
1,037
573
1,132
40
1,065
478
59
1,169
31
1,162
452
58
480,797
1.403
476,716
1,401
503.357
2,042
494,208
1,546
.183
469, 80S
35, 589
.166
.151
469. 534 495,867
33.027 36.917
17
57, 557
57, 457
3.2H
56.028
56. 599
2.459
688.546
14, l.>
10,181
605.525
33.028
22.848
62.517
63.030
2. 965
1,157
37
1.285
562
1,156
42
1,410
808
95
1,273
64
1.482
977
104
457. 231 438,167
1,269
1.531
1,054
61
1.214
1,093
107
1,132
30
1.165
1,100
10!
1,167
28
1.133
1.031
87
1,200
21
1.200
1,010
77
1,144
19
1,177
1,034
79
1,152
35
1,122
974
77
481.410
1.325
424. 174 425.409
1.767
1,325
467.486
1,491
484,143
1,366
441,163
1,323
479.493
1,076
.166
.152
. 150
.162
499, 306 472. 202 445. 234 475.578
49. 242 67.672 76,974
78.573
.150
.159
415.207 419.498
74. 708 72,560
.166
.170
. 165
.176
453. 508 467. 179 429,851 471, 496
62,020 53,193
45,972 ' 42,004
61.608
62. 147
3.499
58. 391
59.088
4.187
56. 791
57. 555
4,803
566. 582 613.248 641.838 660.957
25. 700 33.008 36,308
33.848
19.091
25. 706 18,917
24.693
67.388
67. 132
4.412
56. 124
56,281
4.488
54,871
54.677
4,257
57. 305
56. 657
3,580
723. 992 573. 246 651.336 642, 696
56.576
52.815
25. 356 23.806
20,654
18.849
27.988 25,133
56.647
56.567
3. 463
52. 426
52, 245
3, 254
' 54,886
55,019
' 3,342
659, 459 650. 297
18,664
15, 826
14,889
12, 697
617,900
31.472
28,239
.178
.203
.206
.209
.185
.176
.171
.173
.168
.168
.171
.173
.175
. 055
. 066
.060
.075
.083
.104
.071
.083
.067
.078
.070
.077
.066
.073
.067
.072
.063
.070
.066
.072
.060
.070
.060
.065
.064
.069
541. 1*.
94,188
690, <jr.2
418.0l.r;
272,887
510.693
91.676
471.310
360.032
110,378
506.340 600. 505 753, 588 906.801
102.914 137.724 174.546
,
341.393 421.227 631,564
379.020 272, 655 332. 272 469.459
300. 226 68.738 88,955 162,105
78,794
939, 102 742.054
182. 0 W 141.687
790. 776 907.293
588.601 650.653
202,175 256, 640
690.346
129. 167
921.510
652,733
268,777
77,806
167,643
32.937
166,962
22. 671
144. 759
22.054
115,442
622. 544 675.942
116.671 126,550
878.00S 876.512
611.956 592. 575
266,052 283,937
694.
124
905.
598,
306,
•tt.* 595, 749
260 1105.785
2% •851,896
522 548,688
774 303,208
POULTRY AND EGGS
Poultry:
Receipts, 5 markets
thous. of lb_. 32,987
82,137
Stocks, cold storaee, end of month
do
Eggs:
94?
Receipts, .5 markets
thous. of cases..
Stocks, cold storage, end of month:
7, 23s
Shell
thous. of cases..
Frozen
thous. of lb.. 145,822
25. 759
62.870
30.101
63,164
37.224
81,135
79, 228 127,649
19,889
86. 226
26.042
76.904
28.212
82. 336
26,892
82,415
1,682
1,274
967
788
619
803
954
1,017
1,734
2,238
2.369
6,598
135,928
5.430
121,471
3.519
104,282
1,580
87,802
532
72,279
57
56,249
81
38,070
854
44,199
3,341
79,454
5.980
123,793
35,396
. 0426
23.311
.0438
13,707
.0610
27,215
.0537
28.366
.0517
22.951
.0561
30,917
. 0538
14,865
.0556
11.886
.0600
20,119
.0553
22.288
. 0495
41,185
.0466
847
650
1,148
1.357
731
1.056
1,632
957
1,095
2,088
1,317
1,469
1,596
862
1,560
17,032
.0588
990
485
1,511
1.156
573
1,225
1,384
668
1,228
1,162
717
1,443
926
539
1,274
1,342
944
1,339
703
571
1.226
733
606
1,393
.051
.051
1.267
.052
1,523
.053
2,058
.054
1,712
.052
1,265
.055
943
.056
1,319
.056
963
.053
760
.053
972
.053
8.017
846
7,918
643
8,334
846
8,163
8,059
1,213
7,662
994
7,644
944
7.251
1,053
.055
777
6,740
895
6,029
1,018
997
992
' 7, 784
7,513
150,366 ' 154,947
TEOPICAL PRODUCTS
Cocoa:
Imports
long tons..
Price, spot, Accra (N. Y.)
dol. per l b . .
Coffee:
Clearances from Braail, total.-thous. of bags..
To United States
_
do
Imports into United States..
do
Price, wholesale, Rio No. 7 (N. Y.)
dol.perlb..
Receipts at ports, Brazil
thous. of bags .
Visible supply, total, excluding interior of
Brazil
thous. of bags..
United States..
-do
Sugar:
Raw sugar:
Cuban stocks, end of month
thous. of Spanish tons..
United States:
Meltings, 8 ports.
long tons..
Price, wholesale, 96° centrifugal (N. Y.)
dol. per lb..
Receipts: From Hawaii and Puerto Rico
long tons..
Imports, totalt
__
do
From Cuba!
do
From Philippine Islandst
do
Stocks at refineries, end of month..do
Refined sugar (United States):
Exports ..
do
Price, retail, gran. (N. Y.)
dol. per lb..
Price, wholesale, gran. (N. Y.)
do
Receipts:
From Hawaii and Puerto Rico.long tons..
Imports, totalt
do
From Cubat
do
From Philippine Islandst
do
Tea, Imports
thous. of lb..
975
1,650
1,570
1,294
1,082
804
624
526
1,183
2,226
2,501
2,260
318,357
349,087
376,814
337,292
247,328
244,604
276,474
289,291
333,186
339,755
351,629
.028
.028
.028
122.525 91.612
65, 147 232.646
29,511 204,824
29,104
13,397
365,491 378,089
29.892
111.620
121.883
34,055
413.074
117.576
208.979
121.604
71, 107
445.039
129.878
211,027
157,045
49.971
501,547
156,155
207, 784
143. 329
60,535
500,912
148.904
222.536
129.006
93,447
557.928
64, 831
232.047
148,833
79,824
557, 564
100,932
221,696
155, 545
66,140
487,637
2,021
336,
579
1,776
380,198
.029
.037
.034
123,98?
198, 490
98,62?
99,852
474, 426
84,140
248,260
191.180
56,973
163.801
306.63«
240.421
59, 795
280,086
137,264
171.326
105,376
48.886
305,164
10,977
.050
.043
3,778
.050
.043
8,997
.064
.056
18,995
.060
.052
13,469
.056
.048
17,627
.054
.046
14,213
.052
.045
13, 631
.051
.044
15,132
.051
.044
19,001
.051
.044
18,392
.050
.044
38,636
.0 e 0
.044
2,034
.050
.044
271
43,688
37. 562
6.023
7,176
2.527
41,251
36, 430
4,482
7,499
10,726
63,979
59,120
4.710
7,307
3, 550
16,045
12.696
3,288
7,653
1,284
18.588
13,948
4. 153
9,953
8.499
63. 229
62,175
015
11,954
15,418
13.968
13,072
893
11,927
25. 790
24. 452
22. 275
2. 176
8,863
28, 710
35.073
31.278
3,794
8,056
26,245
53.878
45,689
8,178
8,630
29,115
45, 794
38, 516
7,261
4,921
13,755
37. 488
35, 273
2,187
6,510
3,991
40, 129
32,048
8,066
7,316
.027
.030
.029
.029
027
.027
MISCELLANEOUS FOOD PRODUCTS
15,256 24,242 23,442 24,966 20,297 18.612 19.338 18,216
Candy, sales by manufacturers..thous. of dol.. 15,679
16,212
Fish:
Landings, fresh fish, prin. ports.-thous. of lb.. 51,461
45,737
39, 208 38,411 35,848 32,049 26, 166 28,380 25,298 20,344
Salmon, canned, shipments
.cases..
190, 787 346,185 399.199 198.816 603, 249
(0
0)
0)
0)
Stocks, cold storage, total, 15th of month..
83,296 84, 571 92,431 78, 563 62,622 45,592 34,835
72,765
79,383
thous. of lb-. 76,490
Gelatin, edible:
Monthly report for 7 companies:
1,400
832
978
1.558
1,811
1,976
Production
do
1.150
1,924
1.949
2,029
1,509
1,387
1,194
Shipments
do
1.674
1,441
1,531
1,559
1. 571
1,618
1,737
5,080
4,970
5,335
Stocks
do
5,940
5,616
5,488
6,385
6,716
7,009
Quarterly report for 11 companies:
4,114
6,356
Production.
do
7,515
7,974
8,844
Stocks
do
10,287
'1 Revised.
Not available.
JMonthly figures beginning 1913, corresponding to the monthly averages shown on p. 113 of the 1940 Supplement, will appear In a subsequent
15,953
12,268
12,820
26,603
86,061
35, 583
204,827
55, 715
33,756
45,473
• 62,062
1,688
1,711
6,985
1, 587
1.622
6, 950
6.971
10,362
Issue.
1,229
1,715
6.464
45
SUKVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
1939
August
September
1940
October Novem- December
ber
January
February
March
April
May
June
July
15,912
5,790
32,616
6,770
20,965
6,425
15,533
7.78C
FOODSTUFFS AND TOBACCO—Continued
TOBACCO
Leaf:
Exports
thous. of lb._ 14,360
Imports, including scrap
do . . .
7.320
Production (crop estimate)
mil.oflb
» 1,242
Stocks, dealers and manufacturers, total, end
of quarter
mil. of lb
Domestic:
Cigar leaf
do
Fire-cured and dark air-cured
do
Flue-cured and light air-cured
do
Miscellaneous domestic
do .
Foreign grown:
Cigar leaf
do . . .
Cigarette tobneco
do
Manufactured products:
Consumption ("tax-paid withdrawals):
Sn:all cigarettes
_. . _
millions
15.840
Large cigars
thousands- 487,641
Manufactured tobacco and snuff
thous. of Ib
28. 840
Exports, cigarettes
thousands
639.101
Prices, wholesale (list price, destination):
Cigarettes, composite price dol. per 1,000
5.760
Cigars, composite price
do
Production, manufactured tobacco:
Total
thous. oflb..
Fine cut chewing
_
do
Plug
Scrap chewing
Smoking
.__
Twist
_
do
do
do _.
do
33, 773
7,541
45, 576
6,491
28, 532
6,724
30, 457
8,425
31,260
9,478
1, 849
1
36, 687
6,174
18,408
5,285
32,550
5,159
2,556
3,130
3,329
3,019
336
192
1,918
3
310
184
2,501
3
402
268
2,519
3
378
215
2,290
3
14
93
16
117
18
119
19
112
16,571
500, 807
14, 790
486,865
15,384
551,230
14,461
505,098
12, 803
331,204
14.568
388,085
13,163
375, 824
13,021
397,490
14,820
425,140
16,275
469,313
17,565
435,029
15,913
460,523
33.291
641,931
30,361
714, 576
30, 230
433, 967
28,436
466,966
24,057
607, 719
26. 742
616,661
26,857
576,914
27,550
537,206
28,481
509,420
29,924
803,312
27, 660
604,312
29,333
406,07f
5. 513
46 056
5.513
46 056
5. 513
46 056
5. 513
46 056
5. 513
46. 056
5. 513
46. 056
5. 513
46 056
5.513
46. 056
5.513
46.056
5. 513
46. 056
5.513
46. 056
5.76C
46.05(
29, 823
408
5,153
4,346
19, 357
560
26,326
348
4,471
3, 521
17,503
482
28. 749
373
4,370
3, 827
19, 660
518
25,614
366
3 851
3,415
17,467
515
22,152
323
3 763
3. 196
14,421
449
22,970
330
3,484
3,591
15,165
399
24,049
300
4 035
3,397
15, 836
481
24,045
335
3,806
3,363
16,087
454
25,554
362
4,278
3,507
16,949
458
26, 888
512
4,331
3,539
18,004
503
24,167
367
4,115
3,187
16,082
416
26,88435
4,521
3,98!
17,46(
48(
114
121
121
282
363
321
9.388
3,746
9.278
3,957
11.04
9.333
4,367
91
137
506
24
37
40
602
1,231
2,081
25, 741
166
6,000
513
131
3,696
6,534
751
7,950
24,988
240
6,184
542
124
3.839
6, 199
690
7,170
' 25,87
36
6,60
51
12
4,07
6,39
' 71
7,08
100
231
10
25;
FUELS AND BYPRODUCTS
COAL
Anthracite:
Exports
thous. of long tons - _
Prices, composite, chestnut:
Retail
dol. per short ton..
Wholesale
do
Production
-thous. of short tons. Stocks, end of month:
In producers' storage yards..
_.do
In selected retail dealers' yards
number of days' supply..
Bituminous:
Exports
thous. of long tons..
Industrial consumption, total
thous. of short tons .
Beehive coke ovens
do
Byproduct coke ovens
-do
Cement mills
do
Coal-gas retorts .
do
Electric power utilities
do
Railways (class I)
do
Steel and rolling mills
do
Other industrial
do
Other consumption:
Vessels (bunker)
thous. of long tons..
Coal mine fuelthous.of short tons,.
Prices:
Retail, composite, 38 cities
dol. per short ton..
Wholesale:
Mine run, composite
do
Prepared sizes, composite
-do
Production t
.. thous. of short tons .
Stocks, industrial and retail dealers, end of
month, total
-thous. of short tons..
Industrial, total _..
do
Byproduct coke ovens
_.
do
Cement mills
do
Coal gas retorts
do
Electric power utilities
do ....
Railways (class I)
do
Stee! and rolling mills
do ..
Other industrial
do..-.
Retail dealers, total
do
222
400
8.601
3, £83
10.64
8. 6-19
4,776
1,129
9. 558
3,790
130
1,172
47
1,806
1,209
149
126
104
~~9.~03i"
4,919
9.160
3,936
10.83
9. 156
3,862
9.501
5,622
9.576
3,546
11.30
9.584
3,773
1,219
1,365
994
647
372
128
58
37
25
23
1,715
614
261
57
47
1,746
1,525
512
510
9.461
4,401
1,841
27,084
442
6,703
534
128
4,341
6,624
792
7,520
23,437
69
5,177
547
128
3,842
6, 075
719
6,880
24, 980
117
5,517
503
130
4,025
6,492
766
7,430
29, 519
399
6, 400
531
138
4. 501
7, 450
980
9,120
30, 243
540
6, 457
493
140
4,406
7,322
1. 055
9,830
31, 031
489
6, 668
425
146
4.683
7. 461
1.029
10,130
33,183
372
6, 654
308
155
4,902
8, 436
1, 106
11, 250
28, 780
242
5,676
246
141
4,217
7,328
900
10, 030
28, 538
211
5,830
337
143
4,029
7,288
870
9,830
26,072
160
5,632
418
205
3,561
6,721
725
8,650
112
281
140
261
158
315
178
293
111
255
129
238
110
268
105
241
93
226
128
243
4.264
4.231
32,340
'4.25
4.27
36,08
41.563
34,563
6,506
507
284
10,241
4,644
541
11,840
7,000
45,43
37.53
7,44
8.45
8.15
9.37
8.68
4 256
4.314
39, 240
4.246
4.306
'35,016
4.271
4. 362
38,150
4.332
4.436
45, 950
4.333
4 428
42,835
4.322
4.404
37, 283
4.320
4 425
44, 940
4.318
4.457
39, 105
4.296
4.395
35, 210
4.275
4.297
32, 902
4.265
4 230
35, 468
48. 002
39. 592
7,832
551
291
11,003
5, 075
660
13, 580
8,500
33 624
27. 424
5, 632
357
229
7, 500
4,224
542
8,940
6,200
36. 943
30, 243
6,220
309
250
7,923
4,338
573
10,540
6,700
41,919
34. 270
7, 250
442
278
8,370
5,050
040
12, 240
7,750
45, 542
37, 402
8,115
472
271
8,858
5,341
665
13, 680
8,140
44. 571
37, 121
7,993
444
264
9, 119
5. 529
602
13,080
7,450
40, 222
33, 592
6, 406
425
239
9,069
4, 002
651
11, 720
6,630
39, 077
32. 577
5,875
444
218
9.128
5,272
650
10, 990
6,500
35, 108
30, 208
5, 305
408
200
9,257
4, 660
578
9,800
4,900
35, 721
30, 521
5,150
463
243
9,514
4,526
565
10, 060
5,200
39, 203
32, 403
5, 956
486
248
9,798
4,602
533
10, 780
6,800
49
29
10, 55
5,24
60
12,90
7,90
COKE
Exports
thous. of long tons..
90
66
95
Price, beehive, Connellsville (furnace)
4.475
3.750
3.750
dol. per short ton..
Production:
278
Beehivethous. of short tons..
75
45
By product
__
do.
4,682
3,904
3,666
Petroleum coke
do.
111
143
Stocks, end of month:
Byproduct plants, total
do
2,027
2,921
2,812
At furnace plants
do
807
916
868
At merchant plants
do.
1,219
2,005
1,945
Petroleum coke
do.
682
668
' Revised.
i September 1 estimate.
JData for 1938 revised; see p. 45 of the August 1940 Survey.
7
71
52
37
28
39
46
42
52
77
5.125
5.250
5.000
4.813
4.550
4.475
4.475
4.475
4.475
4.47
256
4,527
165
346
4,567
159
314
4,718
155
238
4,707
116
155
4,017
131
2,561
896
1,665
666
2.008
842
1,166
1,706
784
922
628
106
4,244
152
2,056
955
1, 101
681
23
'4,61
12
2,607
836
1,771
647
102
3,984
139
2,016
931
1,085
151
4,375
149
2,600
806
1,794
652
135
4,125
130
1,638
800
838
624
1,803
877
926
697
'1,91
84
1
Revised estimate.
'i,oe
67
46
SUKVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
October 1940
1939
August
September
1940
Novem- DecemOctober
ber
ber
January
February
March
April
May
. June
July
FUELS AND BYPRODUCTS—Continued
PETROLEUM AND PRODUCTS
Crude petroleum:
Consumption (runs to stills)---thous. of bbl__
Imports
do
Price (Kansas-Okla.) at wells
dol. per bbL_
Production
thous. of bbL.
Kefinery operations
pet. of capacity..
Stocks, end of month:
California:
Heavy crude and fuel
thous. of bbL.
Light crude
do
East of California, total
do
Refineries
do
Tank farms and pipelines
do
Wells completed
number..
Refined petroleum products:
Gas and fuel oils:
Consumption:
Electric power plants
thous. of bbL.
Railways (class I)
do
Vessels (bunker)
do
Price, fuel oil (Pennsylvania) *_.dol. per gal._
Production:
Residual fuel oil
thous. of bbl__
Gas oil and distillate fuels, total
do
Stocks, end of month:
Residual fuel oil, east of California
thous. of bbL.
Gas oil and distillate fuels, total
do
Motor fuel:
Demand, domestic
thous. of bbL.
Exportsf
do
Prices, gasoline:
Wholesale, tank wagon (N. Y.)
dol. per gal..
Wholesale, refining (Okla.)
do
Retail, service stations, 50 cities
do
Production, total
thous. of bbl._
Benzol
do
Straight run gasoline
do
Cracked gasoline
do
Natural gasoline
do
Natural gasoline blended
do
Retail distribution
mil. of gal_.
Stocks, gasoline, end of month:
Finished gasoline, total
thous. of bbL.
At refineries
do
Natural gasoline
do
Kerosene:
Consumption, domestic._
do
Exports
do
Price, wholesale, water white, 47°, refinery
(Pennsylvania)
___dol. per gal..
Production
thous. of bbl
Stocks, refinery, end of month
do
Lubricants:
Consumption, domestic
do
Price, wholesale, cylinder, refinery (Pennsylvania)
dol. per palProduction
thous. of bbL.
Stocks, refinery, end of month
do
Asphalt:
Imports
short tons. Production
do
Stocks, refinery, end of month
do
Wax:
Production
thous. of 1b
Stocks, refinery, end of month
do
4,150
.960
107, 632 105, 505 110,980
2,942
3,093
3,235
.885
.960
.960
80,865 108,168 114,198
84
85
104,916
2,848
.960
111,887
83
105, 835 106, 530 101, 766 110,079
2,651
1,948
2,244
2,866
.960
.960
.960
.960
114,810 113,140 108,668 120,075
81
81
81
81
84,039
82,927 82,718 81,112 80, 223 79,380
79,047
35,478 35, 567 36,110
38,072 37,372 35, 533 35,129
192,985 189,341 187, 579 191,164 195,836 196,407 200,704
40,033 39,162 40,212
37,441
35, 781 36,922 39,427
155, 544 153, 560 150,657 151, 737 155,803 157, 245 160,492
1,892
1,578
1,655
1,561
1,820
1,652
1,786
106,979
3,368
.960
116,045
82
111,817 108, 237 107, 902
4,266
3,658
3,771
.960
.960
.960
118, 283 111, 690 113,244
83
84
80
78,440
78, 359 78, 443 77, 550
35,943
36,000 35,782 35, 368 36,182
207,407 214,321 218,492 218, 998 225,197
40,871
42,119
45,183 47, 525 53, 360
166, 536 172, 202 173,309 171,473 171,837
1,677
1,853
2,083
2,021
1,860
; 1,016 r 1, 234
I 4,090
4,166
i 2,926
3,009
'
.039 .039
1,711
4,650
2,254
.041
1,606
4,240
3,083
.041
1,755
4,328
3,406
.039
1,950
4,502
3,497
.039
1,446
4,100
3,082
.039
1,261
4,281
3,350
.039
979
4,164
2,930
.039
948
4,130
3,242
.039
26, 302
12,975
27. 594
15, 017
26,088
13, 757
26,944
14,433
28,082
16, 548
24, 680
16, 262
26,870
16, 346
25, 372
15, 260
26, 548
14,541
25, 469
14,154
25, 248
14, 439
26, 249
30,018
26,109
30,951
24,018
30,179
20,881
26,374
18, 764
21,057
19,130
19,615
19,160
18, 541
18,475
19,116
20,339
20,310 I 23,112 I 26,412
21, 909
30,134
53,828
3,901
49,347
4,056
49, 687
3,291
47, 275
2,441
43, 694
2,987
40, 370
2,001
37, 557
1,848
44,607
2,021
47, 683
1,730
52,946
55,459
1,766 ! 2,175
53, 865
1.459
.107
.051
.135
52,161
210
22,371
26,180
3,400
3,092
2,186
.114
.053
.134
51, 890
225
21,833
25, 700
4,132
3, 237
2,037
.124
.053
.136
54,974
259
23,611
26, 623
4,481
4,358
1,981
.125
.052
.134
52, 691
267
22,415
25, 621
4,388
4,286
1,896
.127
.050
.134
52,351
275
22,017
25, 589
4,470
4,018
1,850
.127
.047
.134
50, 243
272
21, 709
23,991
4,271
3,285
1,646
.127
.044
.133
47, 596
231
20,409
22, 777
4,179
3,067
1,543
.124
.044
.131
51, 230
237
21, 774
24, 730
4,489
2,986
1,812
.123
.046
.130
50,625
228
23,082
22,901
4,414
2,783
1,936
.118
.048
.127
52,183
247
22, 526
24,823
4,587
3, 075
2,133
.117
.115
.048
.048
.127
51, 325 "51,879
263
279
22,422 22, 420
24, 239 24,496
4,401
4,684
2,744
2,600
2,267
66,448
41,046
6,624
65,498
41,423
5,891
68,116
43, 516
5,140
71,619
46, 898
4,579
77, 301
51, 920
4,421
84,863
60,420
4,476
92,721
68, 227
4,757
96, 467
70, 274
5,393
96,615
69, 407
6,112
93, 474
65,871
6,514
86, 276
59, 708
7,000
82, 025
54, 414
7,584
4,436
4,638
560
5,019
1,089
6,023
563
6,613
631
7,642
356
6,263
279
6,273
463
5,621
375
5,297
377
3, 952
299
4,257
213
.050
5,783
9,361
.050
5,806
9,952
.050
6,141
9,967
.050
5,642
9,019
.048
5,822
7,576
.048
5,375
4,918
.050
5,945
4,302
.050
6,570
4,114
.050
6,257
4,351
.051
6,641
5, 309
.051
5, 785
6, 810
. 050
5,797
8,191
1,963
.112
.046
1,649
4,205
3,061
.042
26, 111
29, 282
2,661
.040
1,671
4,014
3,026
.043
25, 299
13, 246
1,496
2,207
2,656
1,927
1,825
2,054
1,522
1,883
2,138 |
2,063 ! 2,146
1,871
.105
3,056
7,069
.134
2,854
6,704
.166
3,575
6,639
.168
3,277
6,799
.184
3,478
7,142
.208
3,308
7,328
.193
3,108
7,825
.170
3,335
8,084
.161
3,280
8,065
.150 ! .143
3,341 s 3,212
8,170 i 8,161
.118
3,024
8,573
4,150
1,670
577, 300 550,400
529,500 475,000
1,742
541,800
472,000
3,455
391,400
497,000
40, 320
89,584
45, 080
81,147
196
.049
.103
21,028
31,080
108,173
9,761
417
230 !
260
4,619
1,876
896
8,622
303, 700 207, 200 219, 600 324, 200 400,000 487,600 527, 300 606, 600
550,000 593,000 647,000 699, 000 768,000 I 759,000 681,000 623, 000
44,240 ! 39,760
37, 520
48,440 48, 440 48,440 49, 560 47, 320 42,560
74, 575 82,631
90, 373 96,910 103.289 I 110,346 113, 978
81, 369 75,648
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins
thous. of lb_. 33,123
Calf and kip skins
do
1,152
Cattle hides
do
20,685
Goatskins
do
6,065
Sheep and lamb skins
do
3,786
Livestock (federally inspected slaughter):
432
Calves
thous. of animals..
842
Cattle
do
3,045
Hogs
do
Sheep and lambs
do
1,489
Prices, wholesale (Chicago):
.102
Hides, packers', heavy,native steers, dol. perlb. _
Calfskins, packers', 8 to 151b
do
.153
24, 578
1,585
10,611
4.013
4,807
21, 348
1,503
8,873
5,025
4,517
31, 360
1,980
13, 062
4,576
8,586
33,197
1,461
16,828
5,821
5,114
30, 383
1, 348
14,178
6,094
5,153
32, 421
1,055
16, 221
9,017
4,071
23, 855
1,005
9,669
6,836
3,997
22, 767
623
9,068
5,906
4,933
414
823
2,792
1,457
427
880
2,885
1,635
482
893
3,545
1,585
450
837
4,437
1,469
381
773
5,236
1,389
416
827
5,356
1,598
378
715
4,277
1,313
440
721
3,981
1,266
480
774
3,610
1,355
501
796
3,890
1,420
437
738
3,886
1,378
457
822
3,219
1,448
.116
.160
.146
.211
.165
.240
.146
.214
.144
222
.140
.223
.129
.214
.126
.216
.127
.212
.123
.214
.105
.187
.114
.188
446
4,623
274
4,109
259
3,685
773
3,214
643
4,456
354
3,842
456
2,902
92
2, 701
2,031
1,057
1,957
3,361
3,429
955
1,858
3,167
2,950
1,094
1,970
3,662
2,973
954
1,892
3,246
2,996
1,566
3,411
991
1,590
3,247
3,328
936
1, 452
3 074
2, 852
953
1,529
3,078
2,857
LEATHER
Exports:
33
65
54
Sole leather
thous. of lb._
226
Upper leather
thous. of sq. ft_.
2,256
2,905
4,839
5, 757
Production:
1,162
1,155
Calf and kip
thous. of skins..
1,078
Cattle hides
thous. of hides..
1,949
1,814
1,928
Goat and kid
thous. of skins__
3,362
3,075
3,707
3,768
3,939
Sheep and lamb
do
4,201
r
Revised.
*New series. Data beginning January 1918 will appear in a subsequent issue.
tExports of motor fuel revised to include natural gasoline and benzol; revised data not
23,716 • 28, 521
1,085
1,118
16,401
7,756
5,576
5,729
3,919
7,293
25, 093
1,867
9,308
5,362
5,370
1,700
3,226
3,045
shown in the September 1940 Survey will appear in a subsequent issue.
28,863
2,108
14, 305
5,295
5,199
SURVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
1939
August
September
1940
October Novem- December
ber
January
**£>•
March
April
May
June
July
LEATHER AND PRODUCTS—Continued
LEATHER—Continued
Prices, wholesale:
Sole, oak, scoured backs (Boston)
dol. per lb.
Chrome, calf, B grade, black, composite
dol. per sq. ft.
Stocks of cattle hides and leather, end of month:
Total
thous. of equiv. hides_.
In process and
finished
do
Raw
do
0.305
0.305
0.348
0.374
0.368
0.355
0.358
0.348
0.345
0.345
.442
.392
.419
.463
.453
.452
.456
.455
.457
.466
. 469
12, 758
9,052
3,706
12, 653
8,867
3,786
12, 556
8,846
3,710
12, 727
9,042
3,685
12,997
9,276
3,721
13,029
9,357
3,672
12,887
9,203
3,684
12, 578
8,911
3,667
12, 529
8,730
3,799
12, 508
8,812
3,696
201,356 209,026 202,008
130,109 133, 362 125,360
71, 247 75,664
144,489
81,484
63,005
125,954 154,325
70,321 88,956
55, 633 65,369
155,402
88,333
67,069
146,345
81,355
64,990
169, 671
100,717
68,954
0.344 | 0.340
.455
12, 748
8,902
3,846
0.325
.453
12, 715
8,826
3,889
LEATHER MANUFACTURES
Gloves and mittens:
Production (cut), total
dozen pairs.
Dress and semidress
do _
Work
do...
Boots, shoes, and slippers:
Exports
thous. of pairs.
Prices, wholesale, factory:
Men's black calf blucher
dol. per pairMen's black calf oxford, corded tip ___do_-_
Women's colored, elk blucher
do...
Production, boots, shoes, and slippers:
Total
thous. of pairs.
Athletic
do___
All fabric (satin, canvas, etc.)
do...
Part fabric and part leather
do...
High and low cut, leather, total
do...
Boys' and youths'
do...
Infants'
do
Misses' and children's
do_._
Men's
do...
Women's
do__.
Slippers and moccasins for housewear
thous. of pairs.
All other footwear
do...
206,134
130,500
75,634
179, 972
108, 674
71, 298
202
234
205
169
426
161
196
316
220
177
142
129
6.00
4.25
3.30
5.75
4.00
3.00
5.75
4.04
3.00
5.75
4.15
3.10
6.00
4.20
3.13
6.00
4.25
3.15
6.00
4.25
3.21
6.00
4.25
3.30
6.00
4.25
3.30
6.00
4.25
3.30
6.00
4.25
3.30
6.00
4.25
3.30
39, 011
347
294
512
32, 607
1,624
1,788
3,669
9,621
15, 905
43,946
365
239
576
37,119
1,848
2,167
4,221
10,106
18,776
36,807
361
279
529
29,993
1,505
1,981
3,681
8,592
14,233
37, 273
442
336
678
29,250
1,477
2,170
3,783
9, 568
12, 252
32,129
385
243
566
24, 696
1,172
1,923
3,228
9,036
28,690
323
277
873
23, 694
1,106
1,628
3,357
7,939
9,663
33,885
274
414
1, 291
30, 298
1,169
1,838
3,903
8,985
14,403
35,651
285
529
1,299
31,324
1,178
1.894
3,816
9,094
15,343
34, 551
311
824
1,048
29, 538
1,067
1,821
3,614
8,337
14, 700
31,056
349
915
692
25, 556
1,017
1,703
2,825
7,588
12,424
29, 479
343
965
424
23, 801
1,161
1,575
2,601
7,419
11,045
4,898
352
5,316
330
5,396
251
6,283
283
5,898
341
3,285
239
1,253
355
1,870
345
2,288
542
2,880
663
3,127
819
3,184
687
513
278
416
650
59, 734
13, 217
41,197
45, 373
62,458
14, 909
43, 500
44, 088
880
934
469
357
99, 098
26, 859
65, 731
71,006
91,180
14, 892
62, 509
60, 725
6.00
4.25
3.30
27, 905 ' 33, 590
371
'323
691
'302
303
' 370
22, 668 ' 28,113
1,230 r 1, 391
1,600 r 1, 710
2,950 ' 3, 357
6,925 ' 8, 018
9,963 ' 13, 638
r 4, 005
r
476
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports, total sawmill products
M bd. ft__ 98, 296
11,155
Sawed timber
do
Boards, planks, scantlings, etc
do
68, 262
Imports, total sawmill products
do
64, 704
National Lumber Mfrs. Assn.:
Production, total
.mil. bd. ft-_ 2,540
318
Hardwoods
do
2,222
Softwoods
do
. 2,655
Shipments, total
.
do
390
Hardwoods
do
2,266
Softwoods
do
7,400
Stocks, gross, end of month, total
do
1,656
Hardwoods
do
5,744
Softwoods
-_
__do
79,
19,
52,
45,
108,
14,
81,
65,
059
880
099
714
124,021
20, 256
99,156
54, 222
100,834
14, 491
82,164
59,406
84, 326
5,928
73,918
102, 606
73, 669
6,563
60,088
73, 935
84, 832
17,063
62,104
53,253
2,401
352
2,049
2,534
392
2,143
7,956
1,904
6,052
2,303
359
1,944
2,552
431
2,121
7,705
1,842
5,863
2,363
377
1,986
2,616
470
2,146
7,440
1,759
5,681
2,250
382
1,869
2,208
414
1,793
7,474
1,729
5,745
2,002
359
1,642
1,848
306
1,542
7,665
1,807
5,858
1,817
338
1,480
1,846
329
1,516
7,610
1,817
5,793
1,845
354
1,491
1,864
348
1,516
7,621
1,823
5,798
2,051
339
1,712
2,099
339
1,760
7,565
1,824
5,741
2,199
341
1,858
2,211
338
1,874
7,553
1,825
5,728
2,342
344
1,998
2,395
354
2,040
7, 513
1,812
5,700
2,262
298
1,963
2,223
348
1,875
7,577
1,768
5,810
2,237
281
1,956
2,364
359
2,005
7,480
1,699
5,781
77,
18,
49,
53,
FLOORING
Maple, beech, and birch:
Orders, new
Orders, unfilled, end of month
Production
Shipments
Stocks, end of month
Oak:
Orders, new
Orders, unfilled, end of month
Production
Shipments
Stocks, end of month
_
M bd. ft..
do
do
do
do
_.
10, 725
10,800
8,175
9,350
16, 600
8,250
10, 950
8,150
9,150
15, 900
11, 900
14, 400
8,600
8,700
16,000
8,650
14,150
9,000
8,800
16, 600
6,200
13, 000
8,150
7,050
18,050
4,800
11, 575
7,000
6,000
19,125
5,800
11,125
7,150
6,050
20,125
6,200
11, 250
6,600
6,100
20, 700
6,350
10, 625
6,350
7,025
20, 035
6,350
9,900
6,850
6,950
19, 700
6,550
9,360
6,420
7,270
19,060
7,000
8,900
6,450
7,400
18,400
9,350
9,375
7,450
8,750
17, 350
do
do
do
do
do
65, 836
72, 557
46,148
52, 655
57, 879
47,117
46,191
41,180
44, 666
72, 679
58, 230
64, 773
39,835
44, 816
65, 647
38,
59,
44,
43,
66,
729
699
750
739
397
21,890
47,191
42,497
35, 626
71,603
25, 692
42, 285
36,046
30, 599
77, 066
44, 622
56, 980
35, 252
29,850
81,295
42, 338
66, 205
33,435
33, 312
81, 012
39, 658
68,068
35,266
37, 696
78,471
34, 438
61, 242
41,190
41,264
79, 397
45, 935
61, 461
43,865
45, 716
75,139
33, 357
52, 512
38, 015
43,127
70, 027
49, 587
59, 380
41, 658
44, 412
65, 317
37, 625
9,595
28, 030
55, 755
14, 546
41, 209
34, 280
8,972
25,288
23, 416
1,982
21, 434
23, 298
4,114
19,184
38, 971
12, 619
26, 352
34, 959
14, 556
20,403
25, 704
8,424
17, 280
31,103
11,849
19, 254
33, 243
13, 603
19, 640
45, 288
21,375
23, 913
29,078
10,180
18,898
38, 014
10, 771
27, 243
SOFTWOODS
Douglas Fir:
Exports, total sawmill products._M bd. ft
Sawed timber
do
Boards, planks, scantlings, etc
do
Prices, wholesale:
No. 1, common boards
dol. per M bd. ft..
Flooring, 1 x 4 , " B " and better, V. G.
dol. per M bd. ft.
Southern Pine:
Exports, total sawmill products
M bd. ft..
Sawed timber
do
Boards, planks, scantlings, etc
do
Orders, new
mil. bd. ft..
Orders, unfilled, end of month
do
Price, wholesale, flooring..dol. per M. bd. ft..
Production
mil. bd. ft..
Shipments
do
Stocks, end of month
..do
Western Pine:
Orders, new
do
Orders, unfilled, end of month
do
Price, wholesale, Ponderosa pine, 1x8, No. 2,
common (f. o. b. mills)...dol. per M bd. ftProduction
mil. bd. ft..
Shipments
do
Stocks, end of month
do
r
Revised.
20.825
19.110
19.845
20.874
21.070
21.070
20.482
20. 090
20.090
19.698
19. 600
19.600
19. 600
37. 975
37. 828
39. 445
41. 552
42.140
42.140
40. 964
39. 690
39. 200
38.220
37.485
36.260
36. 260
15, 990
948
15, 042
931
570
43. 045
703
801
1,814
18,821
5,529
13,292
760
378
40. 568
689
723
2,018
28, 664
5,287
23,377
894
536
40. 560
625
736
1,907
24, 221
3,659
20,562
661
431
42.998
670
766
1,811
23, 332
2,258
21, 074
545
343
42.393
647
633
1,825
19,063
4,017
15, 046
480
306
41.875
611
517
1,919
15,144
3,489
11, 655
513
334
41.500
515
485
1,949
14, 747
4,518
10, 229
503
357
41. 798
545
480
2,014
12, 838
2,697
10,141
572
331
41. 873
621
598
2,037
18, 348
5,838
12,510
662
348
41. 662
636
645
2,028
25,928
4,866
21, 062
672
324
41. 783
659
696
1,991
28, 209
4,341
23,868
609
350
40. 865
588
583
1,996
27, 689
3,597
24,092
784
440
41. 536
610
694
1,912
653
442
509
298
600
415
470
377
302
254
329
262
325
279
300
282
354
285
400
287
457
304
421
300
495
326
28.17
618
537
2,043
25.65
551
489
1,965
26.81
501
489
1,977
28.61
492
514
1,954
29.64
430
431
1,953
28.99
291
321
1,923
28.77
215
309
1,829
28.86
212
297
1,744
29.30
279
351
1,672
29.09
389
397
1,664
29.02
522
441
1,745
28.49
541
425
1,861
28.01
570
469
1,962
48
SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
October 1941
1939
August
September
1940
October Novem- December
ber
January
February
March
April
546
520
601
594
976
556
517
612
606
981
May
June
July
LUMBER AND MANUFACTURES—Continued
SOFTWOODS—Continued
West Coast Woods:
Orders, new
Orders, unfilled, end of month
Production
ShipmentsStocks, end of month
Redwood, California:
Orders, new
Orders, unfilled, end of month
Production
Shipments
Stocks, end of month
mil. bd. ft
do..
do..
_do...
___do__.
___M bd. ft
do...
do...
do...
do...
726
623
655
664
892
772
483
580
673
869
674
570
577
632
838
514
521
600
609
839
513
444
579
519
908
463
452
516
487
930
656
507
535
521
953
522
513
529
538
961
667
425
595
662
926
531
383
610
638
920
81
51
54
59
90
27.58
29. 500
25.90
27. 468
28.47
29 293
28,016
29,36
292, 640 289,07
35,963
32,173
30. 156
31,290
283,907
32,085
28, 404
32,989
32, 405
298, 707
39, 727
41,027
30, 295
26, 772
299,358
30, 782
39.092
33, 358
32, 603
296,462
22,005
31,445
31.204
28,019
298,397
17, 749
28. 678
27, 883
20,802
297,976
25,331
26.517
27. 239
23. 793
296,026
21, 544
26,416
29, 105
21. 957
301,176
29.704
32. 472
28, 727
27, 237
299,227
31,450
31.371
31, 207
31,562
298,317
29, 263
26, 555
31,310
33, 391
294,231
65.0
59.0
63.0
66.0
67.0
65.0
60.0
63.0
63.0
62.0
62.0
63.0
60.
3.0
24
38
64.0
18
3.0
20
30
56.0
18
3.0
23
31
56.0
19
5.0
7.0
23
35
65.0
20
8.0
13
26
67.0
16
5.0
23
33
63.0
16
8.0
16
30
65.0
16
6.0
15
25
58.0
16
10.0
15
23
61.0
14
7.0
26
35
63.0
21
14
22
62.0
14
4.0
14
25
62.0
12
3.
2
3
57.
1
77.9
102.3
88.1
87.2
78.1
102.3
88.1
87.2
78.1
102.3
88.1
87.2
77.9
102.3
88.1
87.2
77.9
102 3
88. 1
87.2
77.9
102.3
88.1
87.2
77.9
102. 3
88. 1
87.2
77 9
102.3
88 1
87.2
77.9
102.3
88.1
87.2
77.9
102.3
88.1
87.2
77.9
102.3
88.1
87.2
77.9
102.3
88.1
87.2
77.
102.
88.
87.
FURNITURE
All districts:
Plant operations
percent of normal.
Grand Rapids district:
Orders:
Canceled
percent of new orders
New
no of days' production
Unfilled, end of month
. . d o ..
Plant operations
percent of normal
Shipments
no. of days' production
Prices, wholesale:
Beds, wooden
1926=100
Dining-room chairs, set of 6
do..
Kitchen cabinets
do...
Living-room davenports
do__
Steel furniture (see Iron and Steel Section).
METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Exports (domestic), total
longtons.. 1,402,075 477,078 575,613 591,856 605.555 600,437 583, 521 671,301 603, 980 612,906 783,964 936, 047 1,034,93
Scrap
__
do
355, 991 291.896 330,680 330,775 272, 656 206, 402 187, 457 234,716 206,928 221,152 312, 483 318. 369 327,12
19. 189 15,216
28, 328 29.874
8,274
6,674
Imports, total
do
14, 709
5,096
7,759
2,105
6,740
5,505
3,54
3,729
3,216
837
2,305
442
29
482
Scrap
do
33
16
1,267
273
1
15
Price, wholesale, iron and steel, composite
35.95
37.62
37.50
36.67
36.69
37.09
37.33
37.70
36.83
dol. per long ton..
37.18
36.97
37.69
37.6
Ore
Iron ore:
Lake Superior district:
Consumption by furnaces
5.701
3,775
4,185
5,271
5,289
5,478
3,935
4,566
4,242
4,088
5,538
5.213
thous. of long tons..
'5.52
6.955
9,201
0
10. 480
7, 865
5,440
465
7,245
0
0
0
9.487
Shipments from upper lake ports
do
10.38
35. 853 39,005
40, 732 35, 440 30. 189 25,907
32. 935 32,711
21,862
18. 106 19, 003 23. 516 ' 28. 24
Stocks, end of month, total
do
31, 203 33, 944 35. 516 30, 805 25. 901 22. 087 18,412
15, 155 16,717
28. 70S 28,305
20, 428 ' 24. 60
At furnaces
.
do
4,349
5, 121
2, 888
4, 650
5,216
3,450
3,880
2,951
On Lake Erie docks
do
4,227
4,635
4,288
3,088
3,63
213
203
175
304
179
167
257
Imports, total
do
209
237
194
163
162
24
Manganese ore, imports (manganese content)
27
42
18
57
39
36
63
43
thous. of long tons
54
43
51
Pig Iron and Iron Manufactures
Castings, malleable:
Orders, new
short tons..
40.005
64.732
63.835
Production
_.do
40,212 41,427
54, 203
Percent of capacity
47.9
60.3
50.5
Shipments
short tons"
33.289 39, 215 49,807
Pig iron:
Furnaces in blast, end of month:
Capacity t - short tons per day._ 137, 500 98,241 118,188 135,033
Number
_
_
138
169
190
188
Prices, wholesale:
20.50
22.50
21.50
Basic (valley furnace)....dol. per long ton..
22.60
21. 15
23. 15
22.35
Composite
do
23. 15
24.89
22. H9
23.89
Foundry, No. 2, northern (Pitts.)....do
24. 89
4,063
3,224
2,979
Productiont
thous. of short tons..
4,238
Boilers and radiators, cast-iron:
Boilers, round:
1,946
2,688
2,181
Production
thous. of lb._
1,848
2. 537
5,445
4,634
Shipments
do
2, 732
13, 264
16,010
18.403
Stocks, end of month
_
_doZIII 13,873
Boilers, square:
Production
_
do
20.925
26, 185 21,442 20,696
Shipments
...do
25,360
39, 869
35,593
31,100
Stocks, end of month..
do
107, 207 120,651 105,757 86,890
Radiators:
Convection type:
Sales, inch heating elements, cabinets,
and grilles .thous sq. ft. heating surface.
1,106
915
792
Ordinary type:
Production..
do
6, 754
5,299
5, 299
7,147
Shipments
do
9, 209 10, 387
7.234
8. 103
Stocks, end of month
do
24, 543
28.133
29,168 32.007
Boilers, range, galvanized:
Orders, new, net
number of boilers. - 64,831
66.082 133. 384 98.692
16,694
Orders, unfilled, end of month
do
61.494
51. 226
27,315
69, 656 86.069 110.988
Production..
do
76.407
Shipments
do
75,710 69.059 88.584 108,900
26,960
Stocks, end of month
do
38,458 29,475
28,988
' Revised.
t Revised series. Data on pig iron have been converted from a long to a short tonnage
51,778
59, 143
69.6
54,038
45,978
53, 003
65.2
53, 753
40. 438
53. 372
04.2
52,088
34, 901
42. 103
51.7
43,935
35. 730
39, 881
48 7
42,975
35, 290
40,529
50. 1
41, 975
138,975
191
136,702
191
l?3.900
177
106.040
157
104,675
152
106,395
157
22.50
23. 15
24.89
4,167
22. 50
23.15
24.89
4,221
22.50
23 15
24.89
4,032
22. 50
23.15
24.89
3,311
22. 50
23. 15
24.89
3,270
2,233
2.882
11,905
1,418
1,740
12,002
1,456
2.117
11,487
1,648
1,207
11,935
1,602
1.079
12,454
2,292
1,177
13, 565
2,754
1.334
14,923
1,697
1,613
15, 009
1.44
l,6fl
13,47
17, 273
23,751
80, 391
14,816
16,227
77,878
16. 525
15,443
79,128
20,016
11,214
88, 593
18.790
17,900
9, 253 10.933
98,121 105,043
20,922
12,024
114,032
18. 698
14,776
117,975
17,35
22.91
112, 36
35, 563
37,511
45.2
40, 919
36, 503
34. 700
42.7
33,323
45,02
38.87
46.
34,22
119, 905 131, 300 131, 76
172
18
182
22. 50
22.50
22.50
22.5
23.15
23. 15
23.15
23. 1
24.89
24.89
24.89
24.8
3,514
3,137
3,819
4,0S
660
701
566
505
431
691
768
5,647
7.824
21, 424
4,474
5,166
21,653
4,735
4,173
21, 767
5.530
3, 135
24, 222
5,701
3,195
26,829
5,670
3.626
28,896
6,579
4,539
30,971
5,697
4.670
31,913
4,81
6. 48
30,1C
80, 205
48, 999
84, 181
82. 492
30,677
72, 380
44,213
81. 252
77,166
34,763
69.407
30.086
79,565
77.534
36,794
55,026
24, 532
66,039
60, 580
36,253
55.339
19,161
59, 319
60.710
34,862
51,062
18,507
51.012
51,716
34,158
72,725
23.048
68,816
68,184
34,790
75, 427
31,158
70, 452
67,317
37, 925
85.12
38, U
77,878, H
37,7(
390
basis; data for production beginning 1913 are shown In table 38, p. 14 of this issue.
49
SURVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
1939
August
1940
SepNovem- Decemtember October
ber
ber
January
February
March
April
May
June
July
METALS AND MANUFACTURES—Continued
IRON AND STEEL—Continued
Steel, Crude and Semimanufactured
Castings, steel:
Orders, new, totalshort tons..
Percent of capacity
_
Railway specialties
short tons..
Production, total
..do
Percent of capacity
Railway specialties
short tons..
Ingots, steel:
Production!. __
thous. of short tons..
Percent of capacity.
Bars, vSteel, cold-finished, carbon, shipments
short tons..
Prices, wholesale:
Composite, finished steel
_dol. per lb..
Steel billets, rerolling (Pittsburgh)
dol. per long ton..
Structural steel (Pittsburgh)
dol. per lb_
Steel scrap (Chicago)
dol. per gross ton.
U. S. Steel Corporation:
Shipments of rolled and finished steel products!
-thous. of short tons..
6,033
87
96, 687 119.687
102.3
82.6
42, 213 58. 530
43, 590 72,096
37 2
61.6
12, 449 26, 391
99.899
85 4
52. 146
85. 755
73.3
36, 615
64,143
54.8
28. 262
79. 732
68. 1
33, 146
4,242
61
4,769
72
6,080
91
6,148
92
5,822
91
43,121
36.8
8. 302
80. 146
68 5
34,019
5.655
82
57,232
39. 698
33.9
6.912
42. 428
36.3
10,229
40.913
35.0
10.472
67. 454
57 6
28, 506
36, 612
31 3
7.182
58. 404
49.9
22.847
41, 353
35.3
8.849
52.078
44.5
17, 017
50.346
43.0
12, 967
50. 034
42.8
15,137
59,661
50.1
20, 764
50. 651
42.5
14,483
67,035
57.3
20, 770
57, 763
49.4
17,993
4.409
4,265
64
3,975
60
4,841
70
5,533
5,595
84
42. 895
55,495
67, 599
67.977
61,591
46, 277
45.405
44,621
43.654
44, 474
52,999
.0265
.0261
.0261
.0263
.0263
.0265
. 0265
.0265
.0265
.0262
.0265
.0265
.0265
34.00
.0210
18.03
34. 00
.0210
13.88
34.00
.0210
16.22
34.00
.0210
19.05
34. 00
.0210
17.66
34.00
.0210
16.56
34.00
.0210
16.38
34.00
.0210
15.75
34.00
.0210
15.69
34.00
.0210
15.33
34.00
.0210
16.88
34.00
.0210
18.19
34.00
.0210
17.35
1,087
1,346
1,406
1,444
1,146
1,009
932
908
1,084
1,210
1,297
772
1,204
73.8
1,207
31
1,148
1,612
92.3
1,577
67
967
1, 636
92.4
1,653
50
768
1,469
82.9
1,457
61
450
1.138
-65.4
1,158
42
243
852
'49.0
854
34
235
951
'54.7
949
37
292
930
'53.5
916
377
1,098
'63.1
1,102
47
350
1,081
62.2
1,075
53
554
477
534
489
335
803
'46.2
809
36
558
411
761
526
878
630
1,066
1, 761
' 1,007
1,680
1,214
1,456
Steel, Manufactured Products
Barrels and drums, steel, heavy type:
Orders, unfilled, end of month
thousands..
Production
do.
Percent of capacity..
_.
_.
Shipments
thousands..
Stosks, end of month
.
do
Boilers, steel, new orders:
Area
thous. of sq. ft..
Quantity
number..
Furniture, steel:
Office furniture:
Orders, new
thous. of doL.
Orders, unfilled, end of month
do
Shipments
do.
Shelving:
Orders, new
do.
Orders, unfilled, end of month
do
Shipments
do...
Plate, fabricated steel, new orders:
Total
short tons
Oil storage tanks..
do..
Plumbing and heating equipment (8 items),
wholesale price
dollars.
Porcelain enameled products, shipments
thous. of doL.
Spring washers, shipments*
do
Steel products, production for sale:f
Total
thous. of short tons..
Merchant bars
do.
Pipe and tube—
do.
Plates..
_
do.
Rails
do.
Sheets, total
do
Percent of capacity
Strip:
Cold rolled.
.thous. of short tons.
Hot rolled
do._.
Strnctural shapes, heavy
do
Tin plate
do...
Wire and wire products.
do...
Track work, shipments
short tons.
436
958
551
964
47
1,275
1,098
248
851
52.2
850
34
51
r
890
1,175
1. 752
1,380
1,089
997
802
1.855
1,285
1,932
2,097
1,334
2,048
2.181
1.365
2,150
2,120
1.299
2.187
2.095
1,247
2,160
2,367
1. 350
2, 264
2.200
1.286
2,264
2,097
958
2,424
2,219
1,169
2,008
2.119
1.186
2,102
2,236
1.262
2,160
411
263
440
421
266
418
526
335
456
668
511
540
494
534
504
443
556
481
444
479
475
368
552
494
363
499
594
447
510
547
472
522
21,828
8,229
39, 751
11, 498
37, 766
10,991
26,020
9,107
23, 627
6,665
33,804
9,781
25,824
5,254
35,435
12, 282
36,213
6,643
40,408
15. 590
48, 639
10,100
237.28
234.87
235.19
235. 33
236. 33
236. 40
236. 26
234. 38
236. 57
236. 86
236. 78
236. 75
2,778
233
3,153
262
2, 752
234
2. 632
221
2.731
241
2,746
173
2,776
195
3,047
184
2,947
170
2,895
173
2,538
158
174
165.6
i 1. 184
i 1,045
i 316
1 2,915
195.5
i 9,886
>9f>9
•846
1870
i 527
t 2.324
171.8
2,814
236
256
245
165
580
54.3
3,287
266
295
281
146
716
65.9
3, 550
326
325
317
131
749
71.2
3,964
367
357
359
128
812
73.9
i 170
i 276
1628
1 658
1770
4,916
'248
1451
1 869
1809
1 1.013
6,768
M77
1309
1537
1699
1793
8,446
52
77
174
235
236
7,654
45
99
210
248
274
7,276
56
104
234
244
300
6,075
60
104
286
239
328
6,063
12.092
i 8, 347
>770
i 912
1628
1210
i 2,035
6,480
5,402
5,658
6,640
6,762
236. 75
NONFERROUS METALS AND
PRODUCTS
Metals
Aluminum:
44,923
45,117
43,110
33, 449
53,024
58,826
50, 45fi 54,651
33,133
45,660
54,801
Imports, bauxite
.Jong tons._ 56, 789 40,644
Price, wholesale, scrap, castings (N. Y.)
.0902
.0865
.0860
.0913
.0925
.0838
.0950
.0948
.0712
.0712
.0950
dol. per lb.
.0702
Bearing metal (white-base antifriction):
Consumption and shipments, total
1,923
2,238
1,966
1,664
1,955
1,749
2,322
2,0*4
3,133
2,635
2, 456
1,999
thous. of lb.
620
363
505
475
514
429
672
634
741
789
794
629
Consumed in own plants
do
1,619
1,561
1,460
1,442
1,188
1,321
1,650
1,400
2,392
1,846
1,661
1,370
Shipments
do...
Copper:
Exports, refined and manufactures
38, 512
35, 422 36, 236
25,494
39, 273
62, 393 45,840 35, 696 26. 806 41.049 62, 505 63. 775 40, 745
short tons.
22. 635
28. 532 23,041
30, 550
31. 558 30, 5° 8 22, 554
35.159
17,015
15, 360 19, 937 29.545
16,176
Imports, total
_
.do...
17,969
27,953
14, 335
28,134
22,485
28, 698
27.672 29,869
17,451
26,446
15, 582 16, 664 13,012
For smelting, refining and export
do.-.
Product of Cuba and Philippine Islands
481
2,101
10
1,197
1,026
1,395
1,688
214
1,464
1,364
128
136
short tons.
4,185
569
7,509
314
1
814
224
885
1,122
459
Allother
do.~
478
Price, wholesale, electrolytic (N. Y.)
.1056
.1113
.1109
.1108
.1115
.1116
.1195
.1228
.1164
.1222
.1026
.1228
.1071
dol. per lb.
Production:
Mine or smelter (incl. custom intake)
82,682 79. 845 ' 79.327
84,366
3 408.775 89, 598 76,145 85. 796
79, 926
short tons.
86 029 86. 077
90. 995
80,964
3 379.841 80. 501 82, 761 86,295
80, 851
Refinery
do-._
70.485 65. 155
71,639
74, 758
3 536,899 104. 545 72,809 71,893
97. 944
Deliveries, refined, total.
do...
69 467 61.716
68,665
71,226
3 457.315 91,428 63. 215 64. 376
96. 383
Domestic
do...
7.018
3. 439
2,974
3,532
3 79, 584 13,117
7, 517
9. 594
1.561
Export.
do...
()
159.485 135. 441 145. 393 159, 795 169,120 178.664 199. 586 215,823
198, 730
Stocks. refined, end of month
do
1
r
»Total for August-December.
*Monthly data not available.
Quarterly data; monthly reports initiated April 1940.
Revised.
§Monthly data beginning 1929. corresponding to the monthly averages on p. 132 of the 1940 Supplement, appear on p. 18 of the April 1940 Survey.
• Data are for 6 manufacturers beginning January 1940.
,
fRevised series. Steel ingot production and steel products, production for sale, have been converted from a long to a short tonnage basis; data beginning 1913 for steel ingot
SURVEY OF CURRENT BUSINESS
50
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
1939
Sep- October Novem- DecemAugust August tember
ber
ber
October 1940
1940
1940
January
February-
March
April
May
June
July
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND
PRODUCTS-Continued
Lead*
Metals—Continued
Imports, total, except manufactures (lead content)
short tons. .
Ore:
Receipts, lead content of domestic ore, .do
Shipments, Joplin district^
do
Refined:
Price, wholesale, pig, desilverized (N. Y.)
dol. per lb._
Production from domestic ore- -short tons..
Shipments (reported)
do
Stocks, end of month
do
Tin:
Consumption of primary tin in manufactures
long tons..
Deliveries
do
Imports, bars, blocks, etc
do
Price, wholesale, Straits (N.Y.)--dol. per lb._
Visible supply, world, end of mo. Jong tons..
United States (excluding afloat)
do
Zinc:
Ore, Joplin district:^
Shipments
short tons..
Stocks, end of month
do
Price, wholesale, prime, western (St. L.)
dol. per lb._
Production, slab, at primary smelters
short tons._
Retorts in operation, end of mo
number._
Shipments, total
short tons._
Stocks, refinery, end of mo
do
Miscellaneous Products
Brass and bronze (ingots and billets):
Deliveries
short tons..
Orders, unfilled, end of month
do
Plumbingfixtures,brass, shipments
thous. of pieces. _
Radiators, convection type, sales:
Heating elements only, without cabinets or
grilles
thous. of sq. ft. heating surface..
Including heating elements, cabinets, and
grilles
thous. of sq. ft. heating surface._
Sheets, brass, wholesale price, mill _dol. per lb__
Wire cloth (brass, bronze, and alloy):
Orders, new
thous. of sq. ft..
Orders, unfilled, end of month
do
Shipments
do
Stocks, end of month
do
MACHINERY AND APPARATUS
Air-conditioning (circulating, cooling, heating,
and purifying) equipment, new orders :f
Air-conditioning systems and equipment
for summer and year-round use
thous. of dol. _
Blowers and fans
do
Unit heaters.
do
Warm-air furnaces, winter air-conditioning
systems, and equipment
thous. of doll.
Electric overhead cranes:
Orders, new
do
Orders, unfilled, end of month
do
Shipments
do
Exports, machinery. (See Foreign trade.)
Foundry equipments
New orders, total
1937-39=100..
New equipment
do
Repairs
do
Fuel equipment:
Oil burners:
Orders, new, net
number..
Orders, unfilled, end of month
do
Shipments
do
Stocks, end of month
do
Pulverizers, orders, new
do
Mechanical stokers, sales:
Classes 1, 2, and 3
do
Classes 4 and 5:
Number
_
Horsepower
Machine tool activity*
percent of capacity._
Pumps and water systems, domestic, shipments:
Pitcher, other hand, and windmill pumps
units..
Power pumps, horizontal type
do
Water systems, incl. pumps
do
Pumps, measuring and dispensing, shipments:
Gasoline:
Hand-operated
_
_ .units
Power
do
Oil, grease, and other:
Hand-operated
do
Power
do
10, 230
3,019
4,391
4,063
2,762
4,164
4,496
2,958
4,787
7,404
4,723
16, 581
37, 759
35,063
4,484
35, 612
3,415
35,936
4,380
37,057
6,355
38, 835
4,234
37,649
3,710
35.937
3,110
37,949
3,892
37,963
3,705
40,196
4,474
36, 957
3,538
36, 985
4,392
.0504
.0485
36, 851 36, 556
51, 643 45,025
43, 321 117,985
.0545
35,086
59,889
97,473
.0550
38,903
66, 060
73,963
.0550
44, 748
64, 365
58,061
.0550
42,547
44,881
58,777
.0547
47,149
39,875
68,539
.0508
40, 564
39,176
72, 658
.0519
44,783
46, 353
74, 692
.0571
31,192
46,496
63,610
.0502
37,918
46, 919
62, 955
.0500
34, 041
49, 904
55, 343
.050C
35, 34c
52, 56C
47, 36C
5,900
6,295
4,735
.4876
26,338
3,613
6,570
5,050
4,427
.6350
31,168
3,413
7,630
6,040
5,247
.5525
38, 206
3,536
7,540
7,870
7,629
.5224
38,035
3,283
6,940
11, 366
12, 518
.5064
38, 280
3,302
6,680
9,780
8,851
.4672
35, 573
1,749
5,610
6,499
.4594
33,148
2,078
5,540
9,244
10, 334
.4709
32, 339
2,635
5,960
7,855
7,886
.4682
32,149
2,964
6,360
7,905
7,982
.5148
3,677
6,420
9,225
11.611
.5254
31, 869
5,300
6, 33(
7,32^
9,181
.515?
38T 73(
6,56;
35, 748
9,503
30, ?85
9,958
36, 734
7,204
41, 663
9,701
28,163
13,548
35,611
4,097
28,026
3,551
29,393
4,798
31, 424
5,454
41,183
5,851
33, 530
9,201
44, 32,7,09*
2,878
12, 470
12, 926
.5118
38, 040
6,583
35,116
8,842
.0639
0)
.0472
.0610
.0650
.0650
.0598
.0564
.0553
.0575
.0575
.0580
49, 939 40,960
50, 715 34,443
64, 065 49, 928
44, 670 122,814
42, 225
37, 729
69,424
95,615
50,117
43,109
73, 327
72, 405
53,524
46,867
64,407
61, 522
57,941
48,159
53, 468
65,995
52,399
47, 287
54, 862
63,532
52, 774
47,188
51,050
65, 256
55, 475
49, 744
49, 909
70,822
52,189
49, 805
46, 803
76, 208
51,518
57, 224
70,502
46, 577
53, 935
65, 227
•51,17;
47, 54;
• 57, 60f
• 58, 79€
6,006
15,542
7,539
22,499
8,993
17,878
8,497
13,459
5,521
11,436
5,851
8,214
5,799
17,500
6,134
14,018
6,735
14,034
056
475
7,181
22, 287
21, 69;
1,721
2,109
1,992
1,820
1,514
1,668
1,735
1,799
1,582
1,647
8,076
17,823
.062;
68
105
80
94
75
45
67
103
.183
787
.168
986
.183
891
.190
870
.191
591
.193
450
.191
392
.183
297
.183
520
.183
487
.183
531
.185
.186
521
1,033
536
694
413
793
439
637
1,270
1,513
547
593
1,178
2,125
564
638
329
343
1,593
567
616
391
1,343
637
585
363
1,216
476
627
350
1,073
382
1,005
445
695
541
,041
606
1,124
516
693
46S
1,09?
48c
70£
1,543
1,310
4,444
2,472
1,403
1,594
3,979
3,687
1,263
1,411
1,545
3,261
2,013
2,425
2,675
616
612
4,910
2,346
4,265
10,312
10,970
621
6,791
434
2,474
375
569
2,665
378
445
2,390
719
414
2,368
435
400
2,172
596
250
1,743
679
534
1,683
594
467
1,640
515
520
1,769
391
761
2,196
334
49?
2,43C
6
138. t
166.1
153.3
124.5
149.0
135.7
183.2
145.2
129.1
127.5
133.9
164.9
174.2
138. 3
194.4
209. £
147. £
22. 748
5,040
24, 660
19, 642
14
36, 279
5,967
35, 352
16, 460
53
33.657
4,966
34.658
16, 675
38
18, 758
3,639
20,085
18,165
45
12, 566
2,905
13, 300
16, 764
6
13,108
3,050
12,963
17,144
11
11, 239
2,767
11, 522
15, 672
20
12, 883
2,880
12, 770
16, 755
25
15, 889
4,375
14, 394
16,656
33
18,154
4,700
17, 829
19, 239
36
14, 833
957
2,744
643
844
2,414
347
165.4
167. 2
160.0
93.3
19,
5,
18,
19,
672
985
387
367
25
20,161
18,040
8,225
4,762
3,996
3,654
4,342
6,490
8,254
376
63,899
72.6
439
86,714
74.6
376
63, 264
84.9
266
51, 735
91.2
207
39,038
93.3
128
25, 515
93.3
149
28, 591
111
30,177
93.4
125
29, 677
93.4
161
42, 332
92.5
217
38, 408
92.3
52, 897
1,138
19,890
47. 439
860
18, 452
43,908
949
17, 444
35, 961
792
16, 993
29, 441
976
13,389
40, 292
1,396
17, 469
38, 540
662
14, 718
37,977
1,214
16, 060
33,236
829
20,971
35, 245
804
22,099
962
7,624
768
8,611
741
8,751
612
8,693
776
5,775
1,070
6,304
1,685
7,613
2,201
11, 578
2,330
12, 577
12, 554
2,703
14,785
2,384
16,086
1,914
14, 417
1,349
9,659
3,244
10, 578
3,106
14, 466
3,462
18, 579
2,591
20, 081
2,676
23, 40C
1,574
11,072
12, 468
2,449
22, on
41,419
928
20, 415
736
9,275
23,00£
6,974
17,968
2,454
16, 55
27t
58, 42(
IData for August and November 1939 and January, May, and July 1940 are for 5 weeks; other months, 4 weeks.
i Not reported.
r Revised
2
Discontinued by reporting source.
*New series. For data on machine tool activity beginning January 1939, see last paragraph of footnote 6 to p. 139 of the 1940 Supplement.
tRevised series. Data on air-conditioning equipment compiled on a revised basis beginning January 1939. For description of series and earner data, see p. 50 of th<
September 1940 Survey. Index of total foundry equipment new orders beginning January 1940 is based on average sales to metal-working industries during 1937-39; earliei
Jafca are based on the old new orders index (1922-24 base) converted to the new base by dividing by 1.328; index for new equipment and repairs available only beginning
Afay 1940.
51
SURVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, m a y be found in the August August
1940 Supplement to the Survey
1939
1940
SepNovem- Decemtember October
ber
ber
January
February
March
April
May
June
July
METALS AND MANUFACTURES—Continued
MACHINERY AND APPARATUS-Con.
Pumps, steam, power, centrifugal, and rotary:
Orders, new
thous. of doL.
Water-softening apparatus:
Shipments, domestic.
units..
2,556
1,585
1,469
1,809
1,339
1,049
1,011
1,147
1,457
1,178
1,809
1,963
2,437
0)
1,236
1,512
1,450
1,481
1,201
1,154
1,159
1,556
1,364
1,623
1,237
0)
239
154
219
129
165
118
87
180
227
101
159
55
90
67
123
73
132
91
133
130
135
98.5
116.4
123.0
136.5
132.0
125.1
121.9
161.7
124.8
97.3
110.4
97.9
113.7
115.9
112.8
107.1
112.7
117.2
107.6
160.9
113.8
155.0
ELECTRICAL EQUIPMENT
Battery shipments (automotive replacement
only):
Unadjusted
1934-36=100..
176
Adjusted
do
132
Electrical products:
Industrial materials, sales billed-..1936=100..
91.6
Motors and generators, new orders
do
94.3
Transmission and distribution equipment,
new orders
1936=100..
103.2
Furnaces, electric, industrial sales:
Unit
.
kilowatts..
5,137
1,921
372
Value
thous. of dol._
182
Electrical goods, new orders (quarterly)
thous. of doL.
Ironers, household, shipments
units__ 13, 848 ' 12,147
Laminated products, shipments..thous. of doL.
1,408
906
Motors (1-200 hp.):
Billings (shipments), A. C
do
2,398
Billings (shipments), D. C
do
524
New orders, A. C
do
2,595
New orders, D. C
do
569
Power cable, paper insulated, shipments:
Unit
thous. of ft..
1,253
783
1,463
Value
thous. of doL.
860
1,984
Ranges, billed sales
do
1,799
Refrigerators, household, sales..number.. '206, 380
94, 734
Vacuum cleaners, shipments:
Floor
do
87, 820
74, 333
Hand-type
do
23, 047
22, 268
Vulcanized fiber:
2, 443
Consumption of fiber paper
thous. of lb_.
1,971
Shipments
thous. of doL.
681
528
Washers, household, shipments
units.. 147, 878 132, 297
146.5
151.6
137.3
123.6
121.3
132.8
133.8
127.7
126.0
r 181.9
170.2
3,279
291
6,103
4,153
368
9,587
2,084
167
5,634
324
7,802
557
4,697
314
4,905
407
5,381
476
5,241
421
212,001
10, 565
1,019
11,161
1,296
1,348
254, 302
11, 854
1,306
10,373
1,257
10,183
1,173
238, 846
12,048
1,306
11,984
1,320
10, 590
1,308
268,120
8,571
1,325
11,464
1,313
2,361
474
2,725
1,102
2,535
555
3,151
1,403
2,730
677
3,276
1,047
3,103
797
3,472
1,867
2,733
582
2,417
813
2,686
775
2,679
622
2,693
860
2,958
803
2,857
815
3,013
692
3,126
830
3,039
946
3,000
866
3,186
1,703
3,083
914
3,345
1,437
676
781
1,891
73,149
1,074
824
1,714
62,055
752
656
1,442
55,113
655
731
1,019
92, 479
554
721
2,832
234, 662
561
641
2,510
280, 980
564
720
2,790
298, 238
628
813
2,943
339, 693
728
902
2,932
385, 688
758
836
2,327
328, 950
757
998
2,053
248,538
93,851
26, 857
106, 539
31, 362
108, 338
32, 728
118,730
36, 471
92,806
27, 362
116,049
28, 324
147,120
31,009
139, 768
30, 441
143,836
30,060
120, 200
24, 037
74, 565
20,045
2,284
548
138,992
2,722
660
142,830
2,594
748
102, 990
2,492
854
77, 270
2,808
660
119, 228
2,356
589
142, 318
2,368
539
149, 730
2,556
537
135,179
2,205
554
118,987
1,999
458
112,134
2,449
556
116,422
683, 934 680, 313 677, 321 698,400
645,400
664,400
703,600
765,400
742,100
735, 700
311, 000
270, 700
202, 700
126,600
46,900
137,800
15, 713
262,171
279,100
240,400
200,300
126, 300
40,700
125, 300
27, 333
158,827
285, 500
245,800
206, 300
125,400
43,100
129,600
30,694
73,915
299,400
257,100
224,600
143, 400
44,000
135,600
37,417
109, 986
334,400
290,600
235, 200
146,000
53, 200
142, 700
57,923
81, 345
331, 600
281, 200
226,000
141, 500
50, 500
134,000
40, 864
93,358
324,100
277, 500
235, 400
145, 200
47, 500
128, 800
64, 702
86, 426
47,032 57,707 104, 945 89,859 101, 363
38,645 47, 539 92, 659 78,493 79, 358
89,318 135,795 143, 796 113, 814 140, 279
40, 042 56, 398 53,492 46, 204 48,887
49, 276 79, 397 90, 304 67, 610 91, 392
23, 388 21, 527 22,163 30, 465 19,199
47,197
38, 750
96,109
33, 610
62, 499
14, 723
21,030
13,408
44,172
22, 836
21, 336
7,964
30,856
24,889
65,035
34,068
30,967
13,403
11,815
6,669
50,045
26,822
23, 223
18, 446
17, 817
13, 058
53,349
30, 294
23, 055
21,138
11,385
5,546
54, 882
27, 662
27,220
19, 218
PAPER AND PRINTING
WOOD PULP
Consumption and shipments:*
Total, all grades
short tons.
Chemical:
Sulphate, total
do...
Unbleached
do...
Sulphite, total..
do___
Bleached
do.__
Soda
do...
Groundwood
do...
Exports, total, all grades*
do...
Imports, total, all grades*
do_..
Chemical:
Sulphate, total*
do. _.
Unbleached*
..do...
Sulphite, total*
do__.
B leached*
do...
Unbleached*..
do,..
Groundwood
do..Production:
Total, all grades
do_-_
Chemical:
Sulphate, total
do__
Unbleached
do,..
Sulphite, total
_-do-_.
Bleached
.do...
Soda
do...
Groundwood
do__.
Stocks, end of month:
Total, all grades
do...
Chemical:
Sulphate, total
do___
Unbleached
do
Sulphite, total
do_._
Bleached
do
Soda
do
Groundwood
do
Price, sulphite, unbleached
dol. per 100 lb_
743,300
572,311
334, 200
285, 300
229, 400
139,100
44, 500
135, 200
60,379
83, 640
256,779
219, 720
154,072
96, 278
36, 310
125,150
10,946
150, 569
17, 920
12,036
55, 318
31, 376
23, 942
9,557
45,491
35,652
84, 741
36,853
47,888
19, 649
747, 200
554,811
615,325
262,931
220, 796
187,490
118, 986
39,944
124, 960
16,873
160,688
296,712
252,840
207,194
130,696
47,053
132, 975
21,622
216,142
576, 225 673,634
292,120
251,192
207,839
130, 249
47, 344
133,010
20,985
272,049
672,813
301,482
260, 360
198, 875
124, 253
48, 639
128, 325
18, 537
235,419
678, 521 713,600
647, 500 677, 700 708,600
299, 500
257, 900
212, 300
133, 900
43,900
152, 900
774, 700 738, 700 711, 800
335, 700
291, 300
231,600
144, 800
50, 600
156, 700
327,100
279,800
227, 500
142, 700
51, 000
133,100
322, 500
276,800
221,600
135, 600
48, 200
119,500
344, 700
294,800
237,100
144, 200
45,000
120, 300
254,379
216, 320
158,172
96,678
36,410
105,850
294,912
253,440
205, 394
129,396
46, 453
126,875
290,920
251, 392
207, 339
130, 749
47, 244
127, 310
297,182
258, 560
198, 575
124, 353
48, 639
134,125
310,000 280,400 284, 500
267,600 239,800 245,100
213, 700 198,100 214, 000
134,000 124, 200 133, 500
48, 300 41, 900 43,100
141,600 127,100 136,100
145, 200
179, 300 140, 200 129,900
122,400
123,600
138, 700 140, 800 154, 200 159, 200 168, 500 165, 200 141, 300
24,800
14. 400
80, 200
48, 300
4,900
30, 300
2.13
21,800
15, 200
77,900
47, 500
4,200
18, 500
2.28
17, 500
13,400
77,600
47,600
4,200
24, 300
2.51
22, 900
18, 300
73, 600
47,000
5,900
42, 800
3.46
31,000
13, 500
96,600
58,800
4,900
46,800
1.95
256, 731
221,696
171,090
108,486
39, 944
108, 460
23, 000
15,000
78,400
47,000
4,300
24, 200
2.28
16, 500
10, 300
88, 500
55, 000
5,600
28,100
2.83
17,800
9,700
86, 300
52,900
6,800
29,900
2.85
16,900
9,000
94,000
61,000
6,900
36,400
2.85
17,000
9,900
81,800
51,500
6,700
53, 700
2.96
18, 400
10, 700
78, 200
50, 300
4,200
67,800
3.18
13, 900
9,400
79, 700
51, 600
4,700
66, 900
3.34
12, 400
8,700
65,900
42,000
5,400
57, 700
3.46
PAPER
Total paper, incl. newsprint and paperboardrt
935, 382 957,628 1,073,961 1,046,687 971,482 974,568 895, 059 897,889 937,032 '1,039,708 '980,256 956, 276
Production
short tons.
Paper, excl. newsprint and paperboard:f
Orders, new
short tons.
419,177 633,809 506,885 426,342 416,102 395,874 369,670 398,896 489, 923 ••514,683 '471,360 393, 556
Production
do
412,156 434, 932 488, 904 484,993 464,540 459, 547 413,634 405,824 433,189 '479,257 '454,769 444,136
Shipments.
do
408,591 456, 360 494,882 487,467 463,241 439,603 393, 352 397, 553 421, 506 '484.801 '472,394 442,459
r
Revised.
•Estimated.
1
• Domestic pulp used in producing mills and shipments to market.
Discontinued by reporting source.
*New series. Data beginning 1913 are shown in table 37, p. 13 of this issue.
tRevised series. Data on "total paper" and "paper, excluding newsprint and paperboard" revised beginning 1934; previously reported data were distributed into months
of 4 or 5 weeks but in the new series, a week falling in two months is prorated. "Paper, excluding newsprint and paperboard" has also been revised to exclude data for kraft
board which is in part included in figures for paperboard; this revision is reflected in "total paper, including newsprint and paperboard" which is obtained by addition.
Revisions not shown on p. 51 of the May 1940 Survey will appear in a subsequent issue.
SURVEY OF CURRENT BUSINESS
52
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
October 1940
1939
August
1940
Novem- DecemSepber
tember October
ber
January
February
March
April
May
June
July
19, 231
6,624
17, 560
64.6
16, 693
15,076
21.195
7,807
20,928
72. 1
20, 107
16, 110
20,359
8.618
19,717
74.0
20,605
15,089
15,321
5, 561
19,487
69.7
19,615
14,927
PAPER AND PRINTING—Continued
PAPER—Continued
Book paper:
Coated paper:
Orders, new
_
short tons..
Orders, unfilled, end of month
do
Production
do
Percent of standard capacity
_
Shipments
short tons..
Stocks, end of month
do
Uncoated paper:
Orders, new
do
Orders, unfilled, end of month
..do
Price, wholesale, " B " grade, English finish, white, f. o. b. mill...dol. per 100 !b..
Production
short tons..
Percent of standard capacity
Shipments
short tons..
Stocks, end of month
do
Fine paper:f
Orders, new
do
Orders, unfilled, end of month
..do
Production
do
Shipments
do
Stocks, end of month
__
do
Wrapping paper:f
Orders, new
do
Orders, unfilled, end of month
do
Production
..do
Shipments
do
Stocks, end of month
do
Newsprint:
Canada:
Exports
do
Production-..
do
Shipments from mills
do
Stocks, at mills, end of month
do
United States:
Consumption by publishers
do
Imports
do...
Price, rolls (N. Y.)_
dol. per short tonProduction
short tons.
Shipments from mills
do
Stocks, end of month:
At mills
-dO-_.
At publishers
__
do
In transit to publishers.
__do
Paperboard:
Consumption, waste paper...
..do....
Orders, new
do._.
Orders, unfilled, end of month
..do...
Production
_..
do...
Percent of capacity
Waste paper stocks, at mills
short tons.
14,896
4,852
17,333
59.7
17,038
15,331
17, 281
3,846
19, 663
70.4
18, 226
15, 661
94,183
46,206
110,930
41,211
6.30
106,091
78.8
103,839
63,505
14, *32
4. 154
20, 038
SO. 9
20, 898
16, 151
14,998
3. 757
16, 227
56.4
16. 136
16,665
15,105
4,084
14,925
55. 5
15, 667
15, 966
14, 594
3,975
14, 101
55.3
15, 479
13,949
154, 604 125. 564 101,097 102, 430
79, 436 84,515 68, 694 61, 368
91,400
47,479
85, 546
41, 760
98. 7S3 106, 471 123,379 119.300
90,251
41,804
54,432
48,031
61, 758 66,165
5.95
5.95
5.95
6.23
5.95
98, 186 101, 422 115, 351 109,905 106,715
88.5
84.1
82.8
91.7
79.6
99, 065 100,687 109, 723 114,727 106,572
60,424
58, 375 62, 972 59,511
58, 483
38, 150 48, 209 52, 921 49. 831 36,180
15. 697 20,611
26, 224 30.335
24,388
42.899
39, 756 42, 260 46, 065 43,489
30. 095 41,455
47. 504 45, 770 43,013
60,750
64, 730 64, 913 63, 797 61,901
33, 887
12, 862
19, 401
75.0
20, 440
13, 807
24,108
12,971
24, 573
91.3
24. 516
13, 897
15, 754
8.853
24, 464
90 9
22, 864
16, 134
5.70
5.89
5.95
5.45
5.95
5.45
5.65
102, 037 104, 068 122, 283 117, 290 110,731 109, 936 100, 090
78.4
93.6
9!. 9
83 1
86.4
97.6
84.4
100, 339 111.469 122, 901 117,079 110,950 103, 999 95, 403
60, 729 50,827 50, 797 51,010 51, 783 55, 249 59, 876
35, 057
22,011
44, 856
42, 757
61, 110
38, 245
16. 292
45, 429
43. 308
67, 765
35,977
15,620
39. 959
37. 807
64, 988
36, 759
10, 470
38. 932
37, 983
61,110
0)
47, 567
40, 802
48. 000
50, 035
57, 752
156. 797
59. 025
151.608
lr,3, 028
96, 296
316.607
332, 234
160,123
213,105
258, 055
50.00
86,633
81, 714
70,807
41.103
43. 753
45, 435
59, 739
252. 879
140. 355
160. 380
169,511
95, 979
178, 743
142. 261
174. 809
180, 657
91, 261
155, 156 150.064 147, 507 131.901
108, 704 9*. 528 77, 850 65. 994
176.037 165. 575 173. 923 140.600
183. 087 168, 365 163. 769 142.975
80, 603 78, 219 86, 656 90, 903
140. 035
62, 586
148. 805
145. 044
91, 935
205, 323
111.026
150.001
155.651
92, 309
235. 487
236. 975
224, 367
214, 659
228.163
253. 230
267. 005
200,884
270, 493
280. 9*5
289. 260
192, 609
253. 997
288, 726
287. 869
193, 466
187,990
231, 823
211,322
196. 762
205, 655
251.279
235, 304
212,737
263, 884
268. 947
267. 134
214, 550
206. 108 23S. 667 257. 578 240, 571 254, 781 218, 488 216.095
195, 644 250. 005 282. 581 261,667 230, 094 19S, 760 181,344
50. 00
50.00
50. 00
50. 00
50. 00
50 00
50.00
80,OflO 77. 309 78, 591 78, 886 77, 836 84, 126 81, 455
79, 060 78, 559 79, 364 81,410 78, 283 80, 959 79, 972
251, 269
176, 887
50.00
85. 143
86. 930
37,131
28, 444
48, 824
47. 534
58, 878
255, 259
240, 656
264. 620
169, 502
225, 752
251.032
244, 273
176, 261
18.812
16.119
17,602
17,946
16,696
15, 923 13, 399 12.952
361,179 277, 624 283,315 285. 333 295, 675 2S4, 2S3 285, 776 278, 306
46, 245 41, 484 47, 815 50, 073 50, 704 43, 948 42. 760 38, 061
197, 542
120. 953
173.472
188, 088
83. 505
163,646
115.997
164,077
168.415
79,929
152,004
102,149
168,038
167,179
80,961
320,655
0)
315,343 332,689
338,446 337,508
180, 569 175,750
244,181 257, 565 241,639 206,913
224, 401 262. 9S3 254, 920 261,727
50 00
50.00
50.00
50. 00
86, 277 90, 207 84, 762 82, 579
85, 412 88,912 85,194 86,229
301.209
323 563
334, 441
203, 672
15.815
16, 680 17, 975 17, 543 13,893
246, 228 238, 670 247, 206 257,567 318,609
44,679
38, 727 42, 329 43,312 47,435
317,909
414,966
131,890
452, 604
73.9
245, 378
314.316
454.817
119.502
443, 226
72.4
246, 219
320. 073
628. 272
290, 467
445, 387
75.5
214, 352
365, 396
497, 834
285, 935
506, 466
85.6
218, 649
339, 335
414.224
204. S00
482, 808
81.8
215, 850
283, 228
393, 123
173,212
429, 106
72.6
247, 393
280, 033
398,125
140. 269
430. 895
72.1
237, 490
265, 066
367. ^97
115,2%
399, 070
70.8
241. 242
279, 402
392, 794
110,039
406. 922
69. 1
241, 674
291, 285
480, 250
166, 830
417,566
70.9
225, 577
338, 241
517.221
204. 249
470, 244
77. 1
235, 706
324,448
437, 874
195,037
440, 725
77.8
240,039
299,781
398,191
160,541
429,561
70.3
251,823
98,135
86,401
94,993
102,186
87, 504
74.389
90,003
86. 712
95, 362
91,707
95,478
84, 253
82, 324
2.635
2,911
276
2.815
3,059
244
3,414
3,171
243
2.997
2,820
177
2. 552
2,370
183
2.615
2,444
171
2. 403
2,266
137
2. 524
2,380
144
2,618
2,467
151
2,999
2,821
178
921
1,204
882
952
746
885
Book publication, total.
.no. of editions.
619
745
966
772
786
819
New books.
,
do
127
99
New editions
do
176
238
110
133
Continuous form stationery, new orders
thous. of sets. 137, 202 126, 552 137, 299 162, 230 144, 291 134,664
77
78
82
86
78
Operations (productive activity)
1923 = 100.
20,284
19,387
15,596
Sales books, new orders
thous. of books. " 18," 740 17, 414 18,947
681
569
112
1,023
805
218
1,379
1,126
253
953
807
146
746
655
91
949
812
137
717
608
109
142, 780 163,403
80
75
18, 537 17,999
139,161
79
18,203
PAPER PRODUCTS
Coated abrasive paper and cloth:
Shipments
reamsPaperboard shipping boxes:
Shipments, total
mil. of sq. ft_
Corru^ated
do
Solid
fiber
do
PRINTING
140, 463 129,162 128, 245 137,820
84
86
80
78
18,361
15, 910 17,399
17,387
RUBBER AND PRODUCTS
CRUDE AND SCRAP RUBBER
Crude rubber:
49. 636 54,978
49, 832 50.192
Consumption, total
long tons.. 50,477
51,740
51. 402
57,155
55,677
47,011
115.695
92. 937
For tires and tubes (quarterly)
_.do
102.646
71, 631 72, 496 43,088
37,669
45,622
42, 586
59, 257 70. 700 51, 431 53. 889 69,474
Imports, total, including latexf
do
73,028
38,585
.200
.106
.212
.213
.199
.202
. 188
.1K5
.192
.222
.211
Price, smoked sheets (N. Y.)
dol. per lb_.
.196
.167
88. 000 115.000
92,000
86, 000 88.000 108.000 112.000 112.000
93,000 123.000 112,000 130,000
Shipments, world.
__long tons.. 116,000
570,000 388,000 386,000 401.000 382, 000 379.000 434.000 430. 000 444. 000 465,000 471.000 501.000 547,000
Stocks, world, end of month
do
Afloat, total
do
250.000 120, 000 134. 000 173.000 171.000 152.000 175.000 103.000 211.000 188.000 210.000 235,000 250.000
68.310 100, 500 114.044
91.095
90. 285 112. 257 113.619 102, 557 100.364 110.138 139,629
For United States
,
do
141, 286
66.717
39. 359
16.000
44,917
37. 361
36. 071 31,000
20.000
18. 000 22 000
21.000
London and Liverpool
do
36,000
19, 500 26. 500
76, 228
80,600
71.662
92. 895 78, 485 78.029
71,195
British Malaya
do
80,375
69, 139 70,214 96. 478 86. 223 72.054
136,824 119,404 105, 205 125,800 142.387 134,352 142, 462 162,494 161.485 168, 245 190,608
United States
do
212, 774 152,029
Reclaimed rubber:
15. 583
17, 423
16. 551 14,317
16.070
15, 370 15.931
15. 844 14, 298
14,179
15, 485
16,298
15,719
Consumption
.
do
16. 830 19, M9
16, 161
18.009
19. 297 17,992
17.234
17.213
19,417
16, 568 17. 552 16.631
Production
do
14,342
21,384
28,602
21,402
21, 694
Stocks, end of month
,,__do
29,832
28, 48* 27,558
28,397
23, 239 25. 250 27,418
28. 327 28,058
38,321
47,649
Scrap rubber consumption
do
43,037
39,844
p
Revised.
i Not available.
tRevised series. Data for fine and wrapping papers have been revised beginning 1934 to change data from 4- and 5-week totals to calendar-month figures by prorating a
week falling in 2 months. Wrapping paper has also been revised beginning 1934 to exclude data for specialty paper and boards. These data are still included in total paper,
excluding newsprint and paoerboard. Revisions not shown on p. 52 of the May 1940 Survey will appear in a later issue.
JFor monthly data beginning 1913 corresponding to the monthly averages on p. 148 of the 1940 Supplement, see table 28, p.18, of the May 1940 Survey.
53
SURVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939. to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
1939
August
1940
Novem- DecemSeptember October
ber
ber
January
February
March
April
May
June
July
RUBBER AND PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings:
Production
_
thousands..
Shipments, total
do
Original equipment
do
Replacement equipment
do
Exports
do
Stocks, end of month
do
Inner tubes:
Production..
do
Shipments, total..
do
Exports..
do
Stocks, end of month..
do
Raw material consumed:
Crude rubber. CSee Crude rubber.)
Fabrics (quarterly)
thous. of lb_.
4,621
4,174
705
3,354
115
9,732
5,511
4.990
f.99
4,289
103
8,691
5,076
5, 658
1.219
4,294
146
8,080
5,392
5. 101
1.788
3,226
146
8,382
4,865
4.278
1. 854
2.276
148
8,918
4,469
4.727
2.613
1,979
135
8,665
4,954
4.270
1. 805
2. 360
105
9,348
4.888
4,112
1,974
2, 037
101
10, 124
5,007
4.346
2. 050
2,203
93
10, 747
5.106
5,010
2,095
2,827
87
10,881
5,415
5.720
1.999
3.626
96
10, 576
5,148
6.927
1,925
4,905
96
8,881
' 4, 706
' 4, 315
858
' 3, 347
110
' 9,299
4 314
3. 600
96
7,802
4. 757
4, 309
65
7,799
4. 457
4,991
98
7,206
5.008
4,948
108
7,279
4, 508
3, 967
127
7,710
3,784
4.394
92
7,036
4.287
3,827
76
7,634
4,211
3,810
71
7,897
4,400
4,114
60
8,183
4,618
4.543
57
8,258
4.739
4,739
78
8,243
4,359
5,721
74
6,841
•• 4,027
' 3, 793
89
' 7, 094
67,877
75,799
60,666
58,188
RUBBER AND CANVAS FOOTWEAR
Production, total
Shipments, total..
Stocks, total, end of month
thous. of pairs..
do
do
4.583
5. 80S
16, 386
5.090
6, 213
16, 956
4,713
6, 452
15. 218
5,332
5,916
14, 619
6.049
5,473
15, 195
5,376
4, 185
16.388
5,044
6,389
15, 018
5,062
4.761
15, 319
4,869
4, 532
15, 656
5,128
3,902
16, 881
5, 075
3.862
18,095
4,521
3,737
18,886
7,917
36.3
7,715
26, 118
6,487
10,043
47.5
10. 829
25. 348
6,606
12,.668 12,514 • 12,300
58.0
58.9
56.0
13.241
13. 247 13,552
24. 757 • 24. 010 ' 22, 755
' 6,071
5,907
5,559
3,323
4,567
17,641
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production
Percent of capacity
_
Shipments
Stocks, finished, end of month
Stocks, clinker, end of month
thous. of bbl..
thous. of bbl..
do
do
12,719
57.9
13, 952
21.522
5,291
12, 369 11,937
' 56. 5
56.3
13,401
13. 104
21,326 20.160
5,727
5,254
12, 539
57.3
12.829
19. 870
4,854
11, 053
52.2
10. 147
20. 779
4,824
9.488
42 9
6. 785
23,449
5,165
1,148
1,160
397
1,282
1,215
1,022
958
375
1,043
877
268
6,205
28.6
3, 889
25. 757
5,617
5,041
24.8
4.905
25. 894
6,304
788
281
749
710
271
CLAY PRODUCTS
Bathroom accessories:
Production
._
thous. of pieces..
Shipments
do
Stocks, end of month
do
Common brick:
Price, wholesale, composite, f. o. b. plant
dol. per thous..
Shipments..
thous. of brick..
Stocks, end of month
do
Face brick:
Shipments
do
Stocks, end of month
_
do
Floor and wall tile shipments:
Quantity
-.thous. of sq. ft..
Value
thous. of dol._
Hollow building tile:
Shipments
..short tons..
Stocks, end of month
._
do
Vitrified paving brick:
Shipments
thous. of brick..
Stocks, end of month
do
790
788
284
992
929
282
12. 164
12.124
12.112 12.126
12.132
12. 038 12. 036 12. 043 12. 083 12.080
189. 287 167, 348 183. 201 167,329 129. 252 58.914 84. 238 120. 174 176, 786 196.835
416, 302 451, 390 466.150 468, 357 483. 173 503,967 482, 690 449, 425 408,147 392,711
12.116
12.101
1,168
1,213
376
12.094
66. 906 62, 527 64, 278 54. 127 37, 645 15.399
245, 967 241, 785 236, 784 243,491 257, 469 282,992
6,172
1,635
5.439
1,473
5,511
1,478
4,868
1,337
4,271
1,173
4.028
1,092
783
781
285
726
743
282
23, 373 36, 592 52.495 66. 058
281, 311 279, 900 273, 526 262,417
3, 658
945
4,781
1,165
5,428
1,341
5,716
1,389
107. 771 90.184
89, 700 88, 422 67. 659 38,882 49, 606 60, 993 79, 089 86. 052
319,464 316, 376 324,886 339, 038 362, 492 366, 680 355, 041 351, 726 361, 660 361, 537
44,169
8,149
43, 719
8,947
42,192
5,885
42, 261
2.654
43, 384
1,089
42, 374
2,096
42,159
2,525
42, 953
2.897
43,914
5,153
43, 565
5,070
73.3
4,653
657
1,016
34
304
186
450
1,363
304
208
106
9, 655
12,533
4,802
71.4
' 4,773
798
853
44
204
181
550
1,446
313
217
144
8,548
10, 450
4,250
68.3
4,979
903
955
57
150
127
719
1,459
287
202
108
7,739
13,663
4,891
75.5
4,471
256
904
49
108
100
929
1,601
330
173
12
8,061
18, 369
4,300
69. 1
3,884
144
662
40
92
104
1,015
1,351
281
184
3
8,374
15,812
4,046
65.0
3,114
104
552
28
119
129
736
995
215
182
2
9, 237
18,477
4,263
61.6
3,726
160
796
38
143
125
560
1,412
293
182
3
9,601
17, 257
4,123
64.3
3,831
179
791
45
205
143
646
1,368
274
168
2
9,807
13,175
4,606
69.1
4,231
199
872
37
356
206
689
1, 360
319
170
6
10,078
14,302
4,584
68.8
4,339
211
883
37
510
295
637
1,254
306
171
18
10, 234
12, 367
4,701
70.5
4,763
248
955
41
637
397
617
1,269
317
200
59
10, 078
11, 721
4,429
69.1
5,230
281
932
31
640
781
842
1,131
273
200
102
9,180
9,783
4,780
71.7
4,532
315
953
28
466
358
624
1,129
285
207
149
9,331
8,522
993
61.1
867
53.4
914
56.2
1,121
69.1
1,143
70.5
1,189
73.2
1,413
87.1
1,099
67.7
1,107
68.2
1,023
63.1
1,068
65.8
55.9
994
61.1
GLASS PRODUCTS
Glass containers:
Production
thous. of gross_
Percent of capacity
Shipments, total
thous. of gross.
Narrow neck, food*
do...
Wide mouth, food*
dePressed food ware*
...do...
Pressure and non-pressure*
..do__Beer bottles*
do._.
Liquor ware*
do
Medicine and toilet*
do...
Oeneral purpose*
_
do
Milk bottles*
do-._
Fruit jars and jelly glasses*
do.-.
Stocks, end of month
do...
Plate glass, polished, production, thous. of sq. ftWindow glass:
Productionthous. of boxes.
Percent of capacity
GYPSUM AND PRODUCTS
Crude:
Imports
short tons..
Production
...do
Calcined, production
do
Gypsum products sold or used:
Uncalcined
do
Calcined:
Building plasters
do
For mfg. and industrial uses
do
Keenc's cement..
__
do
Board and tile, total
thous. of sq. ft..
Lath..
...do
Tile
do_._.
Wallboard
do....
r
445, 756
995, 760
840, 245
172,869
584,627
577,799
313,340
917,234
869,174
286, 391
230, 207
131,547
263,028
533. 790
28, 219
7,949
453. 486
342. 060
9.026
102. 400
394,592
30, 898
5. 955
396, 580
290. 358
7,335
98,887
344.553
29,951
5.819
335, 530
235.890
6,296
93, 344
509,602
30.444
7.303
519,767
384, 195
8,329
127, 243
Revised.
•New series. Data beginning Jan. 1934 will appear in a subsequent issue.
530,089
813.129
54
SUKVEY OF CURRENT BUSINESS
onthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
October ]
1939
1940
September
August August
1940
October Novem- December
ber
January
February
March
11, 702
11,149
25, 212
11,334
11, 422
25,124
652, 695 730,143
806, 720 1,026,628
9,667
8,717
.097
.101
.110
.111
662, 659
746, 680
36, 613
.100
.111
April
May
June
11, 097
11, 465
24, 756
10, 679
10, 133
25, 302
10, 660
10,108
25, 854
9,711
8,835
26, 730
626, 331
433, 842
9,504
.100
.109
623, 893
344, 609
11, 096
.100
.109
636, 467
226, 469
14, 293
.098
.102
556, 529
133, 530
12, 374
.095
.107
12,189
788
10, 087
1,314
11.414
773
9,540
1,101
TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production..
thous. of dozen pairs..
Shipments
do
Stocks, end of month
do—
11,174
12, 396
25, 335
COTTON
Consumption
bales.. 654, 503
64, 743
Exports (excluding linters)
.
do
10,153
Imports (excluding linters)
do
.092
Prices received by farmers
dol. perlb..
.098
Price, wholesale, middling (New York) _ _ _ do
Production:
606
Ginnings (running bales) • _. -thous. of bales..
2
Crop estimate, equivalent 500-lb. bales,.do
12, 772
Stocks, domestic cotton in the United States,
total
thous. of bales..
On farms and in transit
do
Warehouses
do
Mills
do....
12, 448
12, 924
24, 681
11, 977
12, 820
23, 861
13, 194
13, 156
23, 923
12, 987
12, 451
24, 482
218, 792
13, 494
.087
.094
624, 902
649, 057
9,746
.091
.093
686, 936
886, 332
13, 678
.087
.093
718, 721
583, 644
10, 679
.088
.098
10, 079
11, 110
11, 276
11, 412
1,402
10, 411
10, 259
24, 658
i 11, 481
i 11, 816
23, 411
11, 031
11, 774
606
22, 260
7,286
14, 151
823
20, 782
3,924
15, 441
1,417
19, 463
2,272
15, 457
1,734
18,112
1,747
14, 554
1,811
16, 369
1,460
13, 179
1,730
15, 018
1,229
12,130
1,659
13,928
1,008
11, 373
1,547
12,943
815
10,709
1,419
23, 878
6,776
30, 023
11,189
40, 494
11, 774
35, 564
11,859
37, 899
16, 322
33, 311
10, 332
33, 346
9,415
34, 865
4,808
34,943 J 28,470 : 24,627
5,813 I 6,608 ! 6,329
11.41
.047
.053
14.56
.054
.063
15.83
.055
14.93
.053
.068
13.61
.053
.066
13.36
.054
.065
12.25
.051
062
11.59
.049
.058
11.40
.050
.059
137, 722
102, 281
7,305
99, 242
153, 025
106, 678
8,056
113, 380
173, 256
120, 460
8,322
124, 201
165, 624
123,154
6,516
117, 393
152, 215
109, 419
5,524
113,100
139, 289
101, 511
4,597
111, 666
129,174
100, 707
4,581
106,916
127, 278
103, 328
5,060
110,882
127, 614
97,199
4,776
103, 563
22, 012
7,908
313
85.1
22, 232
7,695
306
92.5
22, 659
8,581
342
97.9
22, 774
8,803
353
101.3
22, 778
8,040
322
100.7
22, 872
9,223
369
102.6
22, 804
8 266
331
22, 555
7,921
317
94.4
22, 301
8,012
321
92.1
.277
.365
.279
.378
.274
.378
.272
.375
.255
.350
.248
.344
.228
.338
.222
.338
.219
.321
32.0
6,750
31.8
5,104
2,607
29.8
1,279
31. 1
1,962
32.2
571
31.4
669
.53
7.0
.53
8.3
.53
10.4
.53
11.7
.53
12.5
.53
12.8
29, 506
4,972
22, 485
2,175
21, 685
2,213
21, 740
2,494
18,997
2,925
17,307
2,356
COTTON MANUFACTURES
Cotton cloth:
Exports
thous. of sq. yd— 24, 409
5,216
Imports
do
Prices, wholesale:
11.23
Mill margins
cents per lb_.
.048
Print cloth, 64 x 60
dol. per yd..
.058
Sheeting, unbleached, 4 x 4
do
Finished cotton cloth:
Production:
Bleached, plain
thous. of yd—
Dyed, colors
do
Dyed, black
do
Printed
do
Spindle activity:
Active spindles
thousands.. 22, 078
7, 872
Active spindle hrs., total
mil. of hrs_.
318
Average per spindle in place
hours. _
90.4
Operations
pet. of capacity. .
Cotton yarn, wholesale prices:
.227
22/1, cones (factory)
dol. per lb__
.325
40/s, southern, single, carded, Boston
do
RAYON AND SILK
Rayon:
35.4
Deliveries (consumption), yarn*...mil. of lb._
441
Imports
thous. of lb_ _
Price, wholesale, 150 denier, first quality
.53
(N. Y.)
dol. perlb..
9.3
Stocks, yarn, end of mo.J
mil. of lb__
Silk:
Deliveries (consumption)
bales— 30,189
4,761
Imports, raw
thous. of lb_.
Price, wholesale, raw, Japanese, 13-15 (N.Y.)
2.529
dol. per R^Stocks, end of month:
Total visible stocks
bales.. 151, 698
46, 898
United States (warehouses)
do
.240
.315
32.5
3,423
34.3
3,108
34.8
4,062
33.3
5,677
.51
19.3
.52
13.1
.53
9.4
.53
7.7
33, 095
4,495
36, 869
7,262
41, 858
6,936
32, 241
5,423
.53
6.4
21,128
5,322
10.08
.046
.057
126,968 109,278
89,204 I 78,468
4,889
4, 612
98, 336
80, 744
22, 217
8,040
324
89.4
21,943
6,900
87.1
2.641
2.993
3.271
3.394
3.921
3.683
3.061
2.951
2.681
2.794
2.724
81, 060
25, 060
89,160
27, 760
89, 135
35, 935
92, 527
41, 927
109, 110
55, 610
87, 025
59, 225
83, 306
50, 306
87, 087
45, 887
85, 798
42, 698
92, 485
43, 285
90,122
41, 822
38, 529
22, 065
18, 466
18, 666
17, 709
7,340
17,471
8,544
17,065
6,524
19, 373
5,798
1,129
58
186
52
183
1,209
58
152
1,407
70
149
55, 888
51, 750
100
54, 658
51,173
87
60,724
61,167
94
68,147
66, 718
137
.90
.36
.89
.35
.37
.88
.39
1.931
1.931
1.931
1.931
1.188
1.158
1.114
1.114
1.300
(3)
5,342
)
1.300
13, 553
8,104
5,449
1.294
31, 759
25, 214
6,544
1.250
44,896
41, 790
3,106
I
WOOL
16, 709
29,625
19, 832
22,909
26,035
45,082
37, 212
Imports (unmanufactured)
thous. oflb_. 16, 099
Consumption (scoured basis) :1
24, 799
24, 707
25,006
33,984
22, 378
21, 302
26, 436
28,189
Apparel class
do
9,604
7,571
11, 274
7,665
8,658
9,238
9,703
Carpet class
do
8,847
Machinery activity (weekly average) A
Looms:
Woolen and worsted:
1,551
1,792
2,041
2,046
1,853
1,587
Broad
thous. of active hours.. 1,694
63
84
96
103
80
78
69
Narrow
do
166
196
195
185
221
213
197
200
Carpet and rug..
.do
Spinning spindles:
80, 359
77,201
74,172
81, 686
70, 764
80, 428
74, 381
73, 328
Woolen
do
85, 527
77, 654
81, 961 106,185 103,487
84,179
67, 472
71, 344
Worsted
do
144
146
144
133
127
168
157
137
Worsted combs__
do
Prices, wholesale:
1.02
.73
1.02
1.09
1.06
1.06
.93
Raw, territory, fine, scoured
dol. per lb_.
.39
.45
.33
.49
.47
.46
.43
.39
Raw, Ohio and Penn,
fleeces
do
Suiting, unfinished worsted, 13 oz. (at
1.931
1.906
2.178
2.178
2.178
2.178
2.116
mill)
dol. per yd—
Women's dress goods, French serge, 54" (at
1.114
1.015
1.101
1.163
1.163
1.163
1.188
1.188
mill)
dol. per yd_.
Worsted yarn, 2/32's, crossbred stock(Boston)
1.256
1.150
1.375
1.525
1.415
1.456
1.450
1.338
dol. per lb._
39, 228
24,410
Receipts at Boston, total
thous. of lb.. 30, 278
(3)
(3)
(3)
(3)
(3)
35, 287
19, 046
22, 540
5,601
Domestic.
do
11,991
4,678
4,040
3,247
3,941
5,363
7,738
Foreign
do
()
(3)
(3)
()
(3)
Stocks, scoured basis, end of quarter, total
118,514
109, 533
thous. of lb._
40,997
44, 286
Woolen wools, total
do
32,201
31,102
Domestic
do
8,796
13,184
Foreign
do
65, 247
77, 517
Worsted wools, total
do
29, 776
57,260
Domestic
do
35,471
20, 257
Foreign
_
do
r
i Total ginnings of 1939 crop.
Revised.
•Total ginnings to end of3month indicated.
2 September 1 estimate of 1940 crop.
Not available.
IData for October 1939 and January, April, and July 1940 are for 5 weeks; other months, 4 weeks.
JMonthly data beginning January 1930, corresponding to monthly averages shown on p. 155 of the 1940 Supplement, appear
•New series. For monthly data on rayon yarn deliveries beginning 1923, see table 41, p. 16 of this issue.
11.37
.047
.058
126,
41,815
28,181
13,634
57,045
22,825
34, 220
280
34, 893
12,105
79,
58, 993
20,289
on p. 18 of the April 1940 Survey.
Ji
SURVEY OF CURRENT BUSINESS
October 1940
Monthly statistics through December 1939, to- 1940
gether with explanatory notes and references
to the sources of the data, may be found in the August
1940 Supplement to the Survey
oo
1939
August
September
1940
October Novem- December
ber
January
February
March
April
May
June
July
TEXTILE PRODUCTS—Continued
MISCELLANEOUS PRODUCTS
Buttons, fresh-water pearl:
|
Production
pet. of capacity..
Stocks, end of month
thous. of gross..
Fur, sales by dealers
thous. of dol..
Pyroxylin-coated textiles (cotton fabrics):
Orders, unfilled, end of mo.-thous. linear yd_.
Pyroxylin spread
thous. of lb__
Shipments, billed
thous. linear yd._
32.1
5,681
3,155
40.4
5,697
3,155
46.5
5,784
2,660
44.0
5,927
2,250
30.4
6,014
1,334
35.7
6,403
3,275
34.9
6,431
4,447
38.8
6,498
4,200
41.0
6,539
3,700
2,415
5,581
5,143
3,747
4,562
6,243
5,807
3,578
6,371
6,482
3,132
5,413
5,556
2,797
5,038
5,148
2,886
5,131
5,053
2,398
4,930
4,844
2,227
4,769
4,978
2,118
4,772
5,003
2,040
4,102
4,504
2,244
3,931
4,030
r
40.5
6,541
4,173
r
6,437
2, 339
30.4
6,304
' 3, 348
TRANSPORTATION EQUIPMENT
AIRPLANES
Production, domestic civil aircraft§... number
E xports
do...
441
138
391
62
439
43
344
62
271
294
241
206
250
170
298
191
233
295
372
235
9,877
1,558
6,154
4,804
1,913
934
1,202
586
4,874
2,386
4,901
1,947
4,980
2,258
4,776
2,611
4,782
2,797
730
443
4,265
1,521
6,299
1,382
8,774
3,523
6, 539
2,339
4,200
11,592
3,985
7,607
7,834
4,493
3,341
18,140
9,461
8,679
19,676
10, 678
22,688
11,885
10,803
23,032
13,476
9,556
20,145
9,837
10,308
26,497
10,863
15, 634
15, 793
8,184
7,609
17,183
9,307
7,876
14, 609
6,463
8,146
11, 263
3,727
7,536
116,748
62,074
54,103
571
47,058
94,316
46,586
47, 313
417
65,310
109,793
59,525
49,734
534
130,332
113,941
64,000
49,463
478
134,922
119,637
69, 705
49,408
524
179,930
105,277
59,160
45,617
500
189,184
110,371
60,395
49,487
489
187,466
143,483
83,054
59,879
550
212,331
165,304
96, 272
216,818
170,151
96,518
72,980
654
201,068
166,922
95, 038
71, 241
642
162,101
38,821
77
35,804
77
37,471
67
33,737
76
37,869
59
31,824
74
30,600
68
35,358
65
34,135
79
37, 619
71
37, 762
13, 993
1,510
75,873
46,823
29, 050
1,075
3,475
1,068
99,868
61,407
38,461
971
3,922
3,494
188,757
161,625
27,132
1,585
11,297
7,791
313,392
251,819
61,573
1,882
16,756
9,882
351,785
285, 252
66.533
1,783
16,976
11,054
452,142
373,804
78,338
2,071
17, 213
12, 579
432,279
362,897
69,382
2,164
18,193
12,779
404,032
337,756
66,276
1,850
16,612
12,025
423, 620
352,922
70,698
1,918
19,687
13,487
432,746
362,139
70,607
1,823
21, 277
12, 677
391, 215
325, 676
65, 539
1, 744
17, 930
8,739
344, 636
286,040
58, 596
1,266
14,468
3,397
231, 703
168, 769
62,934
825
211,031
48,980
182, 633
43,523
141,633
32,983
212,586
37,923
231,571
41,286
246,544
37,460
260,216
45,650
224,625
41,336
312,371
53,093
353,239
55,982
345, 748
51, 553
318, 615
43,504
315, 246
50,913
24,019
12,113
53,072
144, 350
200,071
207, 637
181,088 f 174,572
193,522
196,747 I 185,548
167, 310
110, 659
21,154
100,782
7,436
76,120
47, 606
56,789
129,821
110,471
180,133
162,881
160,458
123, 874
181, 066
174, 625
183,900
183,481
171, 024
165, 820
151, 661
173, 212
99, 664
145,064
151
AUTOMOBILES
Exports:
Canada:
Assembled, total
number
Passenger cars
do
United States:
Assembled, total
..do
Passenger cars
do
Trucks
do
Financing:
Retail purchasers, total
thous. of dol
New cars
do
Used cars
do
Unclassified
do
Wholesale (mfrs. to dealers)
do
Fire-extinguishing equipment, shipments:
Motor apparatus
number..
Hand extinguishers
do
Production:
Automobiles:
Canada, total
do
Passenger cars
do
United States (factory sales), total
do
Passenger cars
do
Trucks
do
Automobile rims
thous. of rims..
Registrations:
New passenger cars
number..
New commercial cars
do
Sales (General Motors Corporation):
World sales:
By U. S. and Canadian plants
do
United States sales:
To dealers
do
To consumers
do
Accessories and parts, shipments:
Combined index
Jan. 1925=100__
Original equipment to vehicle manufacturers
Jan. 1925=100. _
Accessories to wholesalers
do
Service parts to wholesalers
do
Service equipment to wholesalers
do
156, 008
164, 925
120,809
117
128
146
135
143
178
156
164
170
157
140 !
126
147
98
196
126
159
106
183
101
154
107
167
91
177
101
127
87
201
91
141
104
167
86
145
118
174
82
158
139
178
91
174
140
162
89
172
131
139
86
165
117
101
104
166
106
133
94
173
106
172
r 120
1,641
1,650
1,644
1,642
1,641
1,638
1,640
1,643
1,645
1,648 } 1,649
1,645
1,642
138
8.6
18,456
12, 278
6,178
225
13.8
8,754
5,973
2,781
195
12.1
23,028
18,193
4,835
168
10.4
28,906
21, 025
7,881
159
9.8
36,193
28,116
8,077
154
9.6
37,049
27,412
9,637
155
155
34, 509
24,652
9,857
28,112
19,159
8,953
155
9.6
21,112
13, 546
7,566
160
9.9
17,460
11, 051
6,409
164
10.2
15, 039
9,772
5,267
53
9.5
16, 933
9,974
6,959
144
9.0
19, 765
13, 477
6,226
15.6
114
108
6
8,337
20.0
63
8,125
19.6
68
7,558
18.3
64
42
22
6,985
17.0
44
20
24
6,507
15.9
51
17
34
6,324
15.5
77
36
41
6,496
16.0
70
30
40
6,604
16.2
59
29
30
6,675
16.4
54
32
22
6,781
16.8
88
70
18
6,653
16.5
97
6,506
16.2
115
106
9
165
140
30
110
47
19
184
140
27
113
35
3
32
155
113
21
92
39
6
33
158
119
40
79
24
1
23
146
112
35
77
32
5
27
139
108
28
80
39
7
32
170
144
72
72
44
152
126
70
56
37
2
35
146
124
81
43
35
5
30
232
209
87
122
30
7
23
RAILWAY EQUIPMENT
(Association of American Railroads)
Freight cars, end of mo.:
Number owned
thousands..
Undergoing or awaiting classified repairs
thousands. .
Percent of total on line
Orders, unfilled
cars..
E quipment manufacturers
do
Railroad shops
do
Locomotives, steam, end of mo.:
Undergoing or awaiting classified repairs
number..
Percent of total on line
Orders, unfilled
number..
E quipment manufacturers
do
Railroad shops
do
i
0)
0)
0)
0)
(U. S. Bureau of the Census)
Locomotives, railroad:
122
Orders, unfilled, end of mo., total...number..
277
118
Domestic, total
do
252
46
Steam
do
109
72
Other
do
143
34
Shipments, domestic, total
do
54
16
8
Steam
do
18
Other
do
46
f
Revised.
2 Temporarily discontinued by reporting source.
1
Not available.
§Designation changed from "commercial licensed" or "civil aircraft"
136
132
42
90
35
19
16
(1940 Supplement).
SURVEY OF CURRENT BUSINESS
56
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
1939
1940
August
August
September
1940
October Novem- December
ber
TRANSPORTATION
RAILWAY EQUIPMENT—Continued
(17. S. Bureau of the Census)
Locomotives, electric, mining, and industrial
(quarterly):§
Shipments, total.
number. _
For mining use
_
do
(American Railway Car Institute)
Shipments:
Freight cars, total
number..
Domestic
do
Passenger cars, total
do
Domestic
_
do
(17. S. Bureau of Foreign andDomesticCommerce)
January
number. do—
-do —
February
March
April I May June
July
EQUIPMENT—Continued
72
87
2,354
2,354
12
12
813
804
799
740
22
22
1,160
1,110
12
12
2,616
2,616
54
54
4,366
4,136
36
36
5,160
5,083
0
0
Exports of locomotives, total
number..
Electric
--do —
Steam
do—
INDUSTRIAL ELECTRIC TRUCKS
AND TRACTORS
Shipments, total.
Domestic
Exports
October 1940
5,242
5,142
14
14
6,488
4
4
5,900
5,400
1
1
3,260
3,060
1,580
1,478
5
5
1,496
1,496
28
0
13
0)
(0
0)
129
93
36
140
99
41
152
118
34
14
12
2
131
112
19
125
119
132
119
13
109
98
11
147
137
10
135
121
14
0)
0)
0)
CANADIAN STATISTICS
Physical volume of business, adjusted:
Combined indexcf
.1926=100..
Industrial production:
Combined indexed
do ._.
Construction
do
Electric power
_
do
Manufacturingcf
do
Forestry
tf
do
Miningo"
do
Distribution:
Combined index
do
Carloadings
do
Exports (volume) d"
do
Imports (volume) cf
do
Trade empioyment
do
Agricultural marketings, adjusted:
Combined index
do
Grain do
Livestock
do
Commodity prices:
Cost of living
do
Wholesale prices
do
Employment (first of month, unadjusted):
127.9
Combined index
do
114.3
Construction and maintenance
do
134.4
Manufacturing
do
168.1
Mining-.
do
155.4
Service
do
141.4
Trade
do
94.8
Transportation
do
Finance:
Bank debits
mil. of doL.
Commercial failures
number..
Life-insurance sales, new paid for ordinary!
thous. of doL. 24,698
Security issues and prices:
84, 568
New bond issues, total
do
Bond yields-..
1926=100..
Common stock prices
do
Foreign trade:cf
Exports, total
thous. of dol.Wheat
thous. of bu._
Wheat
flour
thous. of bbl .
Imports
thous. of dol._
Railways:
Carloadings
thous. of cars..
Financial results:
Operating revenues
thous. of dol..
Operating expenses
do
Operating income
do
Operating results:
Revenue freight, carried 1 mile.mil. of tons..
Passengers carried 1 mile
mil. of pass..
Production:
Electric power, central stations
mil. of kw.-hr
89
Pig iron
thous. of long tons..
172
Steel ingots and castings
do .
Wheat
flour
thous. of bbl
125.2
125.8
133.1
133.0
133.3
138.6
131.2
123.0
151.0
140.6
141.3
144.5
127.5
59 7
241 1
116.5
126.4
233.2
128.3
48.6
246.0
121.3
130.7
223.2
139.7
43.2
245 6
143 7
139.3
194.2
139.0
40.3
248. 1
136.9
128.7
236.7
138.2
61.7
239.2
136.9
127.6
202.4
145.2
52.1
243.4
146.8
142.4
215.6
136.2
61.6
239. 8
134.2
125. 4
200.9
127.0
61.2
239.0
123.3
119.0
185.7
159.8
97.4
247.1
142.4
152.0
318.7
146.9
76.0
269.7
139.8
142.5
229.9
147.6
83.9
274.2
132.9
160.0
269.2
151.1
70.8
279.3
141.7
163.1
260.8
118.3
82.0
122.8
93.2
135.9
118.4
95.6
112.8
102.0
138.0
114.3
80.0
106.9
99.7
138.3
115.8
84.0
114.3
102. 1
137.3
119.1
82.6
123.7
108.1
141.8
119.7
86.7
130.5
109.7
139.3
116.8
83.1
106. 3
107.4
139.6
111.5
73.4
96.8
83.5
141.7
125.7
84.6
169.5
136.6
140.4
122.6
89.5
141.0
107.6
142.1
123.2
87.8
152. 8
106.6
142.9
125.5
96.9
138.0
111.8
143.1
112.4
117.7
88.7
174.4
196. F,
75.7
96.5
96.0
151.1
166.2
83.2
101.3
107.1
75.2
101.3
105. 7
81.9
134.8
148.0
75.6
36.7
29.2
70.1
60.4
53.4
91.7
114.7
122.7
79.0
91.7
93.9
81.4
131.6
136.6
108.9
82.9
78.2
119.6
152.2
115.3
168.0
151.7
134.9
90.0
84.7
79.3
85.0
80.3
85.3
81.7
85.1
82.6
85.1
82.8
85.7
83.2
85. 7
83.1
86.0
82.1
86.0
81.6
86.7
82.4
121.7
131.5
119.7
170.3
136.1
138 6
94.8
123.6
117 6
122.1
171.0
135.2
140 2
90.6
122 7
93.8
122.2
171.3
132.9
144.7
89.7
116 2
68.8
118.2
164.7
133 7
149.9
84.5
114.4
58.1
120.5
168.4
131.8
136.4
83.3
113.5
55.4
122.6
167.1
132.6
134.9
83.0
111.9
59.6
123.4
164.4
133.4
137.6
82.8
114.3
68.4
125.7
164.5
138.2
138.3
120.9
90.5
129.2
166.7
142.5
140.7
90.3
124.7
105.0
130.3
167.2
149.2
142.8
93.7
2,390
2,832
132
2,899
154
2,930
95
3,057
120
2,674
136
2,955
105
2,413
111
2,938
98
3,340
100
2,682
91
2,623
83.0
72.4
117.5
146.3
112.8
165.6
149.8
135. 5
87.5
26,494
34,252
31,900
33,034
34, 759
33,726
31,820
30,265
32,248
31,779
28,530
28,159
113,451
68.1
94.2
50, 590
78.3
100.1
268,083
76.5
106.0
60,890
74.0
103.6
78,996
75.1
101.2
322,906
74.4
99.7
116,510
73.4
99.0
95,037
73.4
99.1
89,109
72.4
97.0
480,816
71.8
80.4
75,593
73.0
71.9
83,062
72.8
72.5
76,476
10, 273
379
62, 708
82,457
15,641
417
73,564
91,419
16,849
444
79,053
98,490
20,635
573
101,973
34,412
903
84, 561 72,109
90,854
10, 358
725
71,104
72,314
6,598
559
71,042
83,465
8,628
716
76,734
84,693
5,082
520
85,980
110,764
23,466
723
100, 537
111, 622
13, 570
509
90,705
229
295
270
248
200
210
199
195
219
237
240
29,774
27,054
1,429
42,960
29, 571
12,049
39,681
26.985
11,222
36, 703
25,146
10,083
33, 232
24,552
8,199
30,495
25.855
3,373
30.000
25,422
3,335
30,145
25,643
3,271
29,916
25, 569
3,077
34,630
27, 303
5,760
36,914
27. 557
7,657
2,394
180
4,800
153
3,753
115
3,371
101
2,976
196
2,791
144
2,757
134
2,559
168
2,785
124
2,930
141
3,504
180
2,293
66
122
1,382
2,381
66
124
1,927
2,590
86
150
2,090
2,607
88
147
1,960
2,535
95
150
1,600
2,526
105
166
1,266
2,367
87
140
1,247
2,426
92
157
1,257
2,399
84
153
1,344
2,672
93
174
1,283
2,579
89
166
1,170
1
248
2,615
96
170
Discontinued by reporting source.
§Series covers only straight electric types (trolley or third-rail and storage battery); data are available beginning 1939 also for Diesel-electric, Diesel-mechanical, and gasoline-mechanical or steam locomotives. Data for 1940 arc not comparable with those for earlier years which include some units of only partial United States manufacture.
cfPrior to 1940, the Canadian foreign trade year ended in March and the period for closing returns for this month was extended beyond the normal period in an attempt
to include wind-up items in the figures, making March figures high and April figures low. This practice was discontinued in 1940, when a foreign trade year coinciding with
the calendar year was adopted; therefore, March 1940 trade figures show a considerable artificial reduction and April figures a considerable artificial increase as compared
with previous years. The business indexes to which this note is appended are similarly affected since exports and imports of certain commodities are component factors.
fData on life insurance sales revised beginning September 1936. For revisions see p. 56 of the September 1940 Survey.
U. S. GOVERNMENT PRINTINS OFFICE: 1940
INDEX TO MONTHLY BUSINESS STATISTICS
CLASSIFICATION, BY SECTIONS
Monthly business statistics:
Psige
19
Business indexes
__
21
Commodity prices
22
Construction and real estate
24
Domestic trade
Employment conditions and
25
wages _
30
Finance
.. . . .
36
Foreign trade
_ _
Transportation and communica37
tions
Statistics on individual industries:
39
Chemicals and allied products. _
41
Electric power and ga3
41
Foodstuffs and tobacco
45
Fuels and byproducts
46
Leather and products
47
Lumber and manufactures
Metals and manufactures:
48
Iron and steel
Nonferrous metals and prod49
ucts
.
50
Machinery and apparatus
51
Paper and printing
52
Rubber and products
53
Stone, clav, and glass products54
Textile products _
55
Transportation equipment
56
Canadian statistics
1
CLASSIFICATION, BY INDIVIDUAL
SERIES
Page
Abrasive paper and cloth (coated)
52
Acceptances, bankers'
„
30
Accessories and parts—Automobile
33,55
Advertising
24
Agricultural cash income
_
19
Agricultural products (export indexes)
36
Agricultural wages, loans
29,30
Air-conditioning equipment
.
50
Air mail and air-line operations
24,38
Aircraft
„
19,20,26,28,55
Alcohol, denatured, ethyl, rnethanol
39
Aluminum
,
49
Animal fats, greases
39
Anthracite
20,21, 27,28,45
Apparel, wearing
21, 22, 24, 26, 28, 54
Asphalt
46
Automobiles
19, 20, 21, 24, 26, 28, 29, 55
Barley
42
Bathroom accessories
53
Bearing metal
.
49
Beef and veal
44
Beverages, alcoholic
.
.
41
Bituminous coal
20, 21, 27, 28, 45
Boilers
48, 49
Bonds, prices, sales, value, yields
34,35
Book publication
52
Boxes, paper
.
52
Brass and bronze
50
Brick
53
Brokers' loans
31,35
B uilding contracts awarded
22
Building cost3
23
Building expenditures (indexes)
22
Building-material prices
21
B utter_
_,
42
Canadian statistics
56
Canal traffic
38
Candy
44
Capital flotations
34,35
For productive uses
„
35
Carloadings
.
37,38
Cattle and calves
43
Cellulose plastic products
40
Cement
19,20,,21,53
Chain-store sales
24,25
Cheese
42
Chemicals
19, 20, 21, 26, 28, 29,31,,33,39
Cigars and cigarettes
45
Civil-service employees
27
Clay products
19, 20, 25, 28,
,29,53
Clothing..
21,22,24,26!,28,29
Coal
20,21,27,,28,45
Cocoa
.
44
Coffee
44
Coke
I
_
45
Commercial failures
31
Commercial paper
30,31
Construction:
Contracts awarded
22
Costs
23
Highways and grade crossings
22,23
Wage rates
29,30
Copper
49
Copra and coconut oil
40
Corn
42
Cost-of-Iiving index
21
Cotton, raw, and manufactures
20,21, 22,54
Cottonseed, cake and meai, oil
40
Crops
____
19,40,42,43,,45,54
Currency in circulation
32
Dairy products
42
Debits, bank
.
30
Page
Debt, United States Government
33
Delaware, employment, pay rolls, wages. 26, 28, 29
Department stores: Sales, stocks, collections.
25
Deposits, bank
30,31
Disputes, industrial
27
Dividend declaration payments and rates __. 19,36
Earnings, factory, average weekly and
hourW _
,
28,29,30
Eggs and chickens
19,21,44
Electrical equipment
20,
21,24,25,26,27,28,29,51
Electric power, production, sales, revenues.41
Employment:
Cities and States
26, 27
Factory
...
. 25,26,27
Nonmanufacturing
.
27
Emigration and immigration
38
Engineering construction
22
Exchange rates, foreign
.
32
Expenditures, United States Government __
33
Explosives.
39
Exports
35,37
Factory employment, pay rolls, wages
25,
26,27,28,29,30
Fairchild's retail price index
„__
21
Farm wages
29
Farm prices, index
21
Federal Government, finances
33.34
Federal-aid highways and grade crossings
22, 23
Federal Reserve banks, condition of
30
Federal Reserve reporting member baaks
30,31
Fertilizers
39
Fire-extinguishing equipment
^
55
Fire losses
23
Fish oils and fish
„
39,44
Flaxseed
40
Flooring, oak, maple, beech, and birch
47
Flour, wheat_,
43
Food products
19,20,21,22,24,26,28,29,31,
33,37,41,42,43,44
Footwear
19, 20, 21, 26, 28, 29,47
Foreclosures, real estate
23
Foundry equipment
.
50
Freight cars (equipment).
55
Freight carloadings, cars, indexes
37,38
Freight-car surplus
„_
38
Fruits and vegetables
21,42
Fuel equipment
50
Fuels. __
.
20,21,31,45,45
Furniture
48,49
Gas, customers, sales, revenues
41
Gas and fuel oils
21.46
Gasoline
_,
.__
46
Gelatin, edible
44
General Motors sales
.
55
Glass and glassware
19,20,26,28,29,53
Gloves and mittens
47
Gold
32
Goods in warehouses
.
.
24
Grains
21,35,42,43
Gypsum
53
Hides and skins
46
Hogs
_
43
Home-loan banks, loans outstanding
23
Home mort gages
23
54
Hosiery
33
Hotels
Housing
.
21,22
Illinois, employment, pay rolls, wages._ 26,28,29
Immigration and emigration
38
Imports -_„
36,37
Income payments
19
Income-tax receipts
33
Incorporations, business, new
24
Industrial production, indexes
19,20
Installment loans
31
Installment sale3, New England
25
Insurance, life
32
Interest and money rates
.
31
Inventories, manufacturers'
21
Iron and steel, crude, manufactures.
19,
20,21,22,25,26,27,28,29,31, 48,49
Kerosene
.
.
46
Labor turn-over, disputes
.
27
Lamb and mutton
44
Lard_
44
Lead
_„
20.50
Leather
. . . . 19,20,21,26,28,29,31,46,47
Linseed oil, cake, and meal
40
Livestock...
...
43
Loans, real-estate, agricultural, brokers'
23,
30,31
Locomotives
55,56
Looms, woolen, activity
54
Lubricants
46
Lumber
19,20,21,25,26,27,28,29,47
Machine activity, cotton, wool
54
Machine tools
25,26,27,50
Machinery
19,
20,21,25,26,27,28,29,31,33,37.50,51
Magazine advertising
24
Manufacturers' orders, shipments, inventories
20,21
Manufacturing indexes
19,20
Maryland, employment, pay rolls
25,28
Massachusetts, employment, pay rolls,
wages
.
26,23,29
Meats and meat packing__ 19,20,21,25,28,29,44
Metals
19,20,22,25,26,27,23,29
Methanol
.
.
.
39
Mexico, silver production_ „
32
Milk
__
42
Minerals
20,27,28
Naval stores
39
New Jersey, employment, pay rolls, wages. 26,28, 29
Page
Newsprint
.
52
New York, employment, pay rolls, wages,
canal traffic
26,27, 28,29
New York Stock Exchange
35,36
Oats
42
Ohio, employment
26
Oils and fats
39,40
Oleomargarine
40
Orders and shipments, manufacturers
20
Paint sales
40
Paper and palp____ 19,20,21,22,26,28,29 51,52
Passenger-car sales index
24
Passport s issued
33
Pay roils:
Factory
27,28
Factory, by cities and States
28
Nonmanufacturing industries
28
26,
Pennsylvania, employment, pay rolls, wages.
28,29
Petroleum and products.
19,
20,21,25,27,28, 29,46
48
Pig iron
49
Porcelain enameled products.
44
Pork
. _. .
24
Postal business
31
Postal savings _ _ _
Poultry and eggs
19, 21,44
Prices (see also individual commodities):
Retail indexes
21
Wholesale indexes
21,22
Printing
19, 20, 26, 28,29,52
Profits, corporation
33
Public relief
30
Public utilities
22,27,28,32,33, 35,36
Pullman Co
38
Pumps
50,51
Purchasing power of the dollar
„
22
Radiators
„
48,50
Radio, advertising
24
Railways, operations, equipment, financial
statistics, employment, wages
19,
20,27,29,37,38, 55,56
Railways, street (see street railways, etc.)
Ranges, electric
51
Rayon
20, 22,54
Reconstruction Finance Corporation, loans
outstanding
33,34
Refrigerators, electric, household
51
Registrations, automobiles
55
Rents (housing), index
,
21
Retail trade:
Automobiles, new passenger
24
Chain store3, variety (5-and-10), grocery,
and other
24,25
Department stores
25
Mail order
25
Rural general merchandise
25
42,43
Rice
38
River traffic
41
Roofing asphalt
Rubber, crude, scrap, footwear, tire3 and
tubes
19,20,21,22,26,28, 29,53
Savings deposits
31
43
Sheep and lambs
Shipbuilding
19, 20, 26,28
Shoes
19,20,21,26,28, 29,47
Silk
20, 22,54
32
Silver
46
Skins
19,
Slaughtering and meat packing
,
20,25,28, 29, 43
54
Spindle activity, cotton, wool
19,
Steel and iron, crude, manufactures
20, 21, 22, 25, 26, 27, 28, 29, 31,33, 48,49
48
Steel, scrap, exports and imports.
36
Stockholders
Stocks, department-store (see also manu25
facturers' inventories)
„
34,36
Stocks, issues, prices, sale.
19,
Stone, clay, and glass products
20,26,28,29 ,31,53
37
Street railways and buses
44
Sugar
.
39
Sulphur. ____
39
Sulphuric acid
39
S uperphosphate.
44
Tea
Telephone, telegraph, cable, and radiotelegraph carriers
27, 23, 33,38
Textiles
20,22,25,23,29, 31,54
53
Tile
50
Tin
Tobacco
20, 26, 23, 29, 45
Tools, machine
25,26, 27,50
38
Travel
_
56
Trucks and tractors, industrial, electric
35
United States Government bonds
33,34
United States Government, finances
36,49
United States Steel Corporation
Utilities
22,27,28,32,33, 35,36
51
Vacuum cleaners
24
Variety-store sales index
39,40
Vegetable oils
42
Vegetables
Wages, factory and miscellaneous
28, 29,30
24
Warehouses, space occupied
38
Waterway traffic
43
Wheat and wheat fiour
21,22
Wholesale price indexes
50
Wire cloth
Wisconsin factory, employment, pay rolls,
aad wages
26, 23,29
51
Wood pulp
Wool
_._ „__ _ _ . . .
20 ,22,54
50
Zinc
@FedFRASER