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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT

UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
W A S H I N G T O N , D. C., A P R I L 15, 1943
SELECTED BUSINESS INDICATORS
STEEL INGOT PRODUCTION

ELECTRIC POWER PRODUCTION

(1935-39 - 100)

240

B ITU M i NOUS COAL

(BILLIONS OF KILOWATT HOURS)

PR^DjU^IO^

(MILLIONS OF SHORT TONS-DAlfr

220
£00
180
160
100

i 11.1 j 1111 i 111 i 11 1111 111 11 11111 i I 111 111111 11111

DEPARTMENT STORE S A L E S AND STOCKS

V A L U E OF MANUFACTURERS* INVENTORIES AND SHIPMENTS

160

300

140

Safes

/

260

A

120

220

Sii/pments

100

180

80

140
'

60
40

(AVERAGE MONTH, 1939-100)

MONTHLY DATA

Stocks

1

—
100

1111111. t, 1

1940

1 1 f M ! 1 1 1 1l . lt _ I _ L t

1 1 1 1 1 I

1942

_LJL1 1 1

1

1943

1 1 1 1 1

.

60

. . 1 . . 1 . . 1 , .• ' I ' ' f

^— Inventtries
i i

1

i

• 1

i i

I

t i

1

>

M

1 M

1 1 f 1

M

WEEKLY BUSINESS STATISTICS*
1943

Commodity prices, wholesale:
v 103.4 p J03.3
97.9
All commodities.
1926=100,
98.1
124.7 124.2 104.6 104.2
• Farm products...
do...
107.
107.6
97.2
97.0
Food
do...
f 96.7 p 96.6
95.6
95.
All other..do...
177.0 176.6 167.3 167.2
28 basic commodities©..August
1939=100..
176.8
.213
.203
.204
.214
Cotton, mid. l W , 10 mkts.?--dol. per l b . .
.213
1.
1.18
1.16
1.
Wheat, No. 2,hd. win. (K.C.).-dol. per bu._
160
120
143
Department store sales
1935-39=100..
149
Finance:
Bank debits, member banks in 101 cities:^
Total
. . . m i l . of dol.. 11,553 12,550 11,767 7,962 10,201
New York City
do
5,035 4,924 4 , r ~ 3,052 3,935
16,369 16,275 16.083 11,616 11,610
Currency in circulation!
do
Federal Keserve bank credit, total
do
6,848 6,191 6,280 2,384 2,339
Member bank reserve balances
do
13,110 12,759 13.084 12,715 12,496
1,976 1,518 1,632 3,169 2,999
Excess reserves, estimated
..do
1

1942

1943

1943

Apr. 10 Apr. 3 M&r.l

Apr. 10 Apr. 3 Mar.27 Apr. 11 Apr. 4.

APFV-11 A p r . ^

Finance—Continued.
Federal Reserve reporting member banks:
Deposits, demand, adjusted..mil of dol.. 32,955 31,848 32,128 24,799 24,19;
41,646 41,391 42,004 30,883 30,494
Loans and investments, total
do
28,719 29,289 15,776 15,389
U. S. Govt, obligationsd1
do
Commercial, industrial, and • agricultural loans
mil. of dol.. 5,610 5,695 5,754 6,975 7,003
89
92
94
243
215
Failures, commercial
number. _
3.19
3.20
3.35
3.18
3. 34
Bond yields (Moody's)!
percent..
91.9
87.8
64.4
65.3
92.
Stock prices (Stan. & Poor)A.1935-39=100_.
Production:
2,027 2,108 1,852 2,011
Bituminous coal!thous. of short tons..
3,321 3,349
3,890
Electric power.
mil. of kw-hr..
3,543 3,418
3,918 3 !
Petroleum!
thous. of bbl.
193.0 192.2 187.6 188.0
Steel®
1935-39=100..
814
772
787
829
Freight carloadings, total
thous. of cars.
365
374
377
Miscellaneous.
do..

'Preliminary.
©Thursday prices.
jDaily
.
. average.
....
®Index for week ended Apr. 17,191.7.
Data do not cover calendar weeks in all cases.
IDebits to demand deposit accounts, except interbank and U. S. Government accounts, in 101 cities.
cfDirect and guaranteed.
A402 stocks.

MONTHLY BUSINESS STATISTICS
1943
Earlier data are available in monthly issues of
the Survey and the 1942 Supplement

March

1942
March

1943
January

1943

February

COMMODITY PRICES
Cost of living (N. I. C. B.):
Combined index
Clothing
Food
Fuel and light
Housing
Sundries

1923=100..
do
do
do
do
do—

102.8

88.6
112.9
92.6
90.8
106.8

96.1
85.8
97.5
90.4
90.7
103.5

101.4
88.6
109.1
91.7
90.8
106.6

101.8

88.6
110.2
92.2
90.8
106.7

CONSTRUCTION AND REAL ESTATE
Engineering construction:
Contract awards (E. N . R.)§
Construction cost indexes:
American Appraisal Co.:
Average, 30 cities
Atlanta.
N e w York
San Francisco
St. Louis

thous. of doL. 305,973 729,485 226,826

Associated General Contractors
Engineering News Record (all types)

1913=100do—
do
-do
do
do
do

306,242

236

249
253
251
230
242

249
253
251
230
242

206.5
271.8

213.7
283.5

214.1
285.2

249
254
251
232
242

237
232
247

214.1
288.8

221

p Preliminary,
f Revised series. See note on corresponding item in the March 1943 SURVEY.
519632-

43




Earlier data are available in monthly issues of
the Survey and the 1942 Supplement
DOMESTIC TRADE
Department stores:
Sales, total U. S., unadjusted
1923-25=100..
Atlanta!
1935-39=100.
Boston
1923-25=100.
Chicago
.1935-39=100.
Cleveland!
do...
Dallas
1923-25=100.
Kansas City.
1925=100.
Minneapolis
1935-39=100.
New York...
1923-25=100.
Philadelphia
1935-39=100.
Richmond..
.do
St. LouisJ...
1923-25=100.
San Francisco
1935-39=100.
Sales, total U. S., adjusted
1923-25=100.
Atlanta!
1935-39=100.
Chicago
..do...
Cleveland!
do...
Dallas..
1923-25=100.
Minneapolis.
1935-39=100.
New York
..1923-25=100.
Philadelphia
1935-39=100.
Richmond
do...
St. LouisJ...
1923-25=100.
San Francisco
1935-39=100.

1942

1943

March March

January

118

111
151

p
p
p
p
p

120
159
100
135
140
P 159
p 138
p 134
p 104
p 133
p 156
p 124
p 169
p 135
p 158
p 139
p 153
* 164
p 133
p

118

p
p
p
p

142
160

129
184

151
04

136
147
129
110

125
106

140
161

125
148
124
150
141
161

133
124
120
149
165
130
161

JSee note on corresponding item in the March 1943 SURVEY.
§ Data for all months are for 4 weeks.

S9
123

132

155
126

114
97
112

134
117

150
143
195
155
179
204
143
123
157
197
146
195

February

132
190
90
148
155
205
134
132
112

137
162
143
184
167
216
176
194
241
183
138
185
236
166

2

MONTHLY BUSINESS STATISTICS—Continued
Earlier data are available in monthly issues of
the Survey and the 1942 Supplement

1943
March

1943

1942
March

January

February

thous of dol.
__.do.._

52,192
66,340

55,856
76,038

39,983
56,699

41,443
57,857

FINANCE
Bank debits, total (141 centers)
N e w York C i t y . —
Outside N e w York City

mil of dol..
.do,...
do

57,100
22,373
34,727

44,820
17,056
27,764

50,140
19,877
30,263

47,640
19,635
28,005

. 130
144
189
133
131
92

129
125
175
149
102
77
92
73
139
136
122

124
135
193
117
138
98
55
50
132
135
119

130
145
189
129
142
90
58
48
137
141
127
154
135
170
113

TRANSPORTATION
Class I steam railways:
Freight carloadings (Federal Reserve indexes):
Combined index, unadjusted...1935-39=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

62

56
138
136
140
182

133
152
117
61
216

141

168

149
119
97
92
282
143

161

130
157
102
57
202

149

61

193
153

FOODSTUFFS
Grain receipts, principal markets:
Corn
thous. of bu..
Oats
do....
Wheat
do....

30,568
8,568
47,528

24,098
5,253
17,457

35,929
6,353
35,398

37,303
7,894
36,106

P E T R O L E U M A N D COAL P R O D U C T S
Coal production:
Anthracite
Bituminous

—

thous. of short tons..
—
do

5,822
56,450

5,085
47,796

4,314
47,029

5,092
48,920

LEATHER AND PRODUCTS
Hides and skins:
Livestock slaughter (Federally inspected):
Calves
thous. of animals
Cattle
do....
Hogs
do—
Sheep and l a m b s . . . . .
do.—.

331

410
923
4,661
1,495

491
929
4,134
1,669

340
928
5,431
1,724

4,335
1,499

7,670
100

7,392
98

7,424
97

99

854

METALS AND MANUFACTURES
Steel ingots and steel for castings:
Production
thous. of short tons..
Percent of capacity
TEXTILE PRODUCTS
Rayon:
Consumption:
Yarn
Staple
fiber
Stocks, producers', end of month:
* Yam
Staple
fiber.

mil. of lb..
do

42.7
13.9

40.0
12.6

37.9
12.7

'39.0
r 12.6

do....
do....

2.8

4.1
2.3

8.9
3.0

'7.1
2.5

7,781
7,781

3,061
1,447
0
0

3,365
1,321

TRANSPORTATION EQUIPMENT
Railway equipment:
American Railway Car Institute:
Shipments:
Freight cars, total
Domestic
Passenger cars, total
Domestic

number..
do—
do—
—do—

5,584
1,469
0
0
1943
February

28

28

1942 .
Febru- Decernary
ber

1943
January

BUSINESS INDEXES
Manufacturers' orders, shipments, and inventories:
p 280
N e w orders, total
Jan. 1939=100..
p 420
Durable goods
do—
p 314
Iron and steel and their products
do....
p 435
Electrical machinery
do—
p 364
Other machinery
do—
p 635
Other durable goods
do—
* 191
Nondurable goods
do—
*256
Shipments, total
average month 1939^100.
p 337
Durable goods
do—
p 245
Automobiles and equipment
...do—
p 224
Iron and steel and their products
do—
p 457
Electrical machinery
do—
p 366
Other machinery
do—
Trans, equip, (exc. automobiles)
d o — p 2,094
* 264
Nonferrous metals and their products*.do...
P 196
Other durable goods
do....

292
463
256
452
648
645
182

199
232
133
208
249
260
1,004
210
r 184

255
361
233
353
361
574
187
240
320
240
239
408
351
1,775
262
' 181

'247
'364
'258
'346
r 315
r5S7
'172
226
r 298
'231
205
'369
'322
' 1,797
230
' 179

' Revised.
» Preliminary.
1
Figures overstated owing to inclusion of an unusually large volume of shipments
actually exported and imported in earlier months.
*New series. Data on nonferrous metals and their products were formerly in-




1943

1942

Febru- Febru- Decernary
ary
ber

BUSINESS INDEXES-Continued

DOMESTIC TRADE-Continued
Mail-order and store sales:
Montgomery Ward & Co
Sears, Roebuck & Co

Earlier data are available in monthly issues of
the Survey and the 1942 Supplement

Manufactures' orders, etc.—Continued.
Shipments, total—Continued.
Nondurable goods..average month 1939=100.
Chemicals and allied products.
do
Food and kindred products...
do
Paper and allied products
do
Petroleum refining
do
Rubber products
do
Textile-mill products
do
Other nondurable goods
do
Inventories, total
do
Durable goods
do
Automobiles and equipment..
do
Iron and steel and their products
do
Electrical machinery
...do
Other machinery
do
Trans, equip, (exc. automobiles)
do
Nonferrous metals and their products*
do
Other durable goods
do
Nondurable goods
do
Chemicals and allied products
do
Food and kindred products
do
Paper and allied products
do
Petroleum refining
do
Rubber products
do
Textile-mill products
do
Other nondurable goods
do
FINANCE
Security markets:
Stocks:
Dividend payments, by industry groups:*
Total dividend payments
mil. of dol..
Manufacturing
do
Mining
do
Trade
..do....
Finance,..
do
Railroads
_do
Heat, light, and power
do
Communications
do
Miscellaneous
do

* 193
P 209
p 202
P 153

p 140
<*>
p 214
p 176
»175, 7
p 210.3
p 237.8
* 132.7
p 332.2
p 224.7
P1,052.0

178
185
184
171
144
173
139
133
222
144
204
204
166
172
177.6
163.0
210.1
180.8
232.9
190.0
139.2
125.5
324.1
250.3
191.4
219.6
709.1 1,020.8
173
181

148.7
150.8
p 117.5 ' 135.9
p 145. 5 147.4
p 155. 0 150.9
p 146.7 158.9
p 140.3 137.8
p 108.5 115.5
149.6
C)
p 142. 2 154.1
147.3
158.0

151.9
122.2
149.2
158.7
156.2
144.0
106.8
174.6
147.2
157.4

' 151.6
64.9
3.1
8.7
30.3
7.7
31.2
2.1
3.6

650.0
360.2
53.4
43.9
45.9
66.1
42.0

172

104
33

136.8
59.5
.7
5.9
28.1

4.7
36.0
.1
1.8

12.6

25.9

CHEMICALS A N D ALLIED P R O D U C T S
Paint sales:
Calcimines; plastic and cold-water paints:
Calcimines
thous. of dol..
Plastic paints
do
Cold-water paints:
In dry form
do
I n paste form, for Interior use

Paint, varnish, lacquer, and fillers:
Total
Classifiedj total
Industrial
Trade
Unclassified

do

.do....
..do
do
do....
do

104
34
169
443

323

196

153
304

38,392
34,530
16,726
17,804
3,862

45,176
39,745
17,619
22,126
5,431

37,141
33,518
16,905
16,612

678,850 178,355
671,211 174,720
234,293 253,546
245,288 239,529

1853,226
•844,994
1356,280
1405,345

FOREIGN TRADE
Exports, total incl. reexports
thous. of dol..
Exports of U. S. merchandise
do
General imports
do
Imports for consumption
do
LEATHER AND PRODUCTS
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
Government shoes
do
Civilian shoes:
Boys' and y o u t h s ' . . .
do
Infants'
...do
Misses' and children's
do
Men's
do
Women's
do
Slippers and moccasins for housewear..do
All other footwear
do
METALS AND MANUFACTURES
Castings, steel, commercial:
Orders, new, total, net
short tons..
Railway specialties
do
Production, total
do
Railway specialties
do
TEXTILE PRODUCTS
Wool:
Consumption (scoured basis): 1
Apparel class
thous. of lb..
Carpet class..
do...,
Machinery activity (weekly average): 1
Looms:
Woolen and worsted:
Broad
— -thous. of active hours.
Narrow.
--do—
Carpet and rug:
Broad
—.
__-do_..
Narrow
do...
Spinning spindles:
Woolen
do.. .
Worsted
do...
Worsted combs
do...

37,583
327
1,144
700
31,567
3,960

40,390
454
560
1,363
34,460
2,351

38,501
453
317
1,003
32,351
3,831

1,485
2,019
2,787
7,133
14,183
3,097
748

1,418
2,030
3,758
9,373
15,530
2,663
890

1,323
2,101
3,236
7,814
14,047
3,682

191,214 179,880 172,263
17,649 54,409 15,446
144,586 133,726 143,860
12,823 45,013 10,785

49,120
2,856

40,972
5,784

45,504

2,805
67

2,616
86

2,711

65
41

115

&i
42

133,417 117,130 126,337
119,099 101,015 114,95S
231
. 217
205

cluded in "other durable goods." Earlier data will be shown in a subsequent
Survey. For dividend payments see note on corresponding item in the March
1943 Survey.
JData for January are for 5 weeks; other months, 4 weeks.
U . S . GOVERNMENT PRINTING O F F I C E : 1 9 4 3