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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON, D. C , APRIL 2, 1942
SUMMARY OF BUSINESS TRENDS
MPLOYMENT figures now available for February reveal
that employment has continued to increase in manufacturing despite the decrease in many industries undergoing
conversion. Though employment declined by one-fifth in the
automobile industry, a net gain of 43,000 workers was reported
in manufacturing as a result of increased war production.
Normally there is a somewhat larger gain at this time, and
the Federal Reserve Board's adjusted index of factory employment declined to 134.2 from 135.6 (1923-25 = 100) in the previous
month. Total employment in nonagricultural establishments
fell off roughly 29,000 in February. Approximately 65,000 fewer
-workers were employed in wholesale and retail trade, and
26,000 fewer in contract construction. While a part of this
decrease is seasonal in character, a part is also a reflection of
shifts resulting from war changes.
Despite the slight decrease in employment, income payments
continued to increase during February as a result of the extension
of the work week, combined with overtime payments. Preliminary estimates reveal an increase in February adjusted
income payments of approximately 1.3 percent. Interest and
dividends remained relatively stable. The slight decrease in
agricultural income was more than offset by the increased pay
rolls in manufacturing industries. The Bureau of Labor Sta-
E
tistics' unadjusted index of factory pay rolls rose in February to
176.9 from 173.5 (1923-25=100) for the previous month, up
nearly 2 percent. Pay rolls increased most in the durable goods
industries, with the largest gain, 3.4 percent, being made in the
machinery (excluding transportation equipment) industry.
Among nondurable goods, pay rolls increased even more in the
wearing apparel industry, but fell off in the rubber and food
industries.
During the past week, the War Production Board issued several
orders further controlling the use of iron and steel. Pig iron
supplies are now subject to complete allocation because of increasing shortages. In addition, the scope of price control was
enlarged as a series of schedules fixing retail prices for a number
of durable consumer commodities were issued last week by OP A.
Heretofore, action has been confined almost exclusively to fixing
prices at the wholesale level; consequently, this action indicates
a significant trend toward controlling prices at retail. Permanent retail ceilings were placed upon 2 items—mechanical refrigerators and vacuum cleaners—and 60-day temporary ceilings
upon 5 items—heating and cooking stoves and ranges, washing
machines, ironing machines, radio sets, and phonographs. The
schedules must be posted, and the consumer is to be largely
relied upon for enforcement.
SELECTED BUSINESS INDICATORS
STEEL INGOT PRODUCTION
120
FREIGHT-CARLOADINGS
ELECTRIC POWER PRODUCTION
(PERCENT OF CAPACITY)
140
JTHOUSANDS OF CARS)
(BILLIONS OF KILOWATT HOURS)
4.5
4.0
1942^
100
3.5
-^
80
1941
60 194O?>^^
3.0
/
2.5
1940
1
40
2.0
CRUDE OIL RUNS - T O - STILLS
(MILLIONS OF* BARRELS- DAILY AVERAGE)
5.0
BITUMINOUS COAL PRODUCTION
MISCELLANEOUS CARLOADINGS
(DAILY AVERAGE-THOUSANDS OF TONS)
(THOUSANDS OF CARS)
2500
^ 1942
4.5
2000
/t942
j^w^
4.0
A ^
3.5
1500
1000
1940 J
194} —.
3.0
,
2.5
,
1
.
. 1
i_
• 1
t
t
/ -
V ,,
500
O
'
-
WEEKLY WHOLESALE
COMMERCIAL LOANS
F.H.A. HOME MORTGAGES
(BILLIONS OF DOLLARS)
(NUMBER SELECTED FOR APPRAISAL ON HOMES TO BE BUILT)
PRICES
(I9S6-10Q)
120
NO
100
90
80
1940"
70
FACTORY EMPLOYMENT AND PAYROLLS
INCOME PAYMENTS
(SEASONALLY ADJUSTED 1935-39-1001
200
200
MONTHLY DATA
180
180
160
160
140
140
*
eo
PAYROLLS *.
(UNADJUSTED)
120
120
100
(l923-g5«lOO)
MONTHLY DATA
100
-
, . 1 . . 1 . . t . ,
, . t ,. 1 . . 1 . .
1939
1940
450284—42
.. t . . 1 . . 1 . .
. . 1
1
. 1 . , 1 , .
1942
80
-f*
1939
„
^V^v"^
^EMPLOYMENT
^
. . i . . l . .i .,
1940
(ADJUSTED)
..1 .. 1 . . . . .
1942
2
WEEKLY BUSINESS INDICATORS*
[Weekly average, 1935-39=100, except ns indicated; data beginning January 1939 for roost of the series on a 1935-39 base and 1939 and 1940 data for the New York Times index
of business activity, also data beginning September 1939 for the price index of 28 basic commodities, are shown in table 32, pp, 24-26 of the November 1941 SUBVEYJ
1942
ZTXU
1943
1940
1941
Mar. Mar. Mar. Mar. Feb. Mar. Mar, Mar. Mar.
28 21 14 7 28 29 22 30 23
Business activity:^
New York Times§
33.8 33.7 132.3136.7 124.3 122.0 98.9 99.4
Barron's, 1923-25=100
43.0 141.8 141.0 143.5 133.3 131.5 103.0 102.5
76.5 175.8 173.3 174.7 153.2 152.3 105.8 105.8
Business Week§, 1923-25=100.
Commodity prices, wholesale:
Dept. of Labor:
97.2 97.1 96.9 96.8 82.0 81.6 77.9 77.9
Combined index, 1926=100.
Farm products.
103.1 102.3 101.5 102.0 73.2 72.3 68.1 67.5
95.5 95.8 95.8 95.5 76.4 75. C 69.8 69.9
Food....
95. 95.! 95.1 95.0 85.4 85,1 82.8 82.9
All other
__
28 basic commodities©
16G.4 165.8 166.1 165.7 165.2 133.7 132.3 112.9 114.0
Fisher's index, 1926=100:
103.8 103.8 103.6 103.4 103.1 88.3 87.8 84.1 84.1
Combined index
Copper, electrolytict___ 112.9 112.9 112.9 112.9 112.9 112.9 112.9 105.3 107,.2
Cotton, average, 10 markets!... 182.9 178.1
177.7 177.6 99.2 97.6 96. 96.5
Construction contract %
497. 3 220.5 124. 106.4 134.1
Distribution:
122. 122.6 118. 2 119.8 121.5 118.1 96.4 95,1
Carloadings
Department store sales
88 113
140 131 125 119 117 111
1940
1941
Mar. Mar. Mar. Mar. Feb. Mar.
29
28 21 14 7
Mar, Mar. Mar.
23
22
Employment, Detroit, factory,
110.3
1923-25=100
_„.
104.6 122.5
109.9
Finance:
83.0 83.5 83.5 83.2 83.2 84.0
Bond yields!
_
88.1 88.4
63.8 64.0 63.6 66.8 67.9 81.2 81.3 99.6 99.1
Stock prices!
Banking:
Debits, outside N. Y. 0 4 — 150.1 166.3 132.5 160.7 158.3 124.5 138.8 98.3 114.3
Federal Reserve reporting
member banks:
Loans, total
133.1 133.6 133.2 132.8 133.0 114.4 113.4 100.4 100.5
Currency in circulation!139.7 139.3 118.1 118.1
79.2 181.6
92.9 180.3
Failures, commercial, 1939=100. 181.0
76.0 106.7 90.1 101.4 89.4
68.2 181.6
97.7 181.0
Production :f
139.6 141.8 130.3 144.6 151.4 144.6 108.0 102.8
Bituminous coal!
157.6 157.6 159.2 160.1 139.7 140.0 118.5 117. i
Electric power
116.6111.0 124.3 126.8118.4 116.3 121.3 122.3
Petroleum!
188.4 186.3 185.3 185.0 183.2 180.4 179.7 106.2 109.
"1.1
Steel©
•Data do not cover calendar weeks in all cases.
^Seasonally adjusted.
JDaily average.
©Index for week ended Apr. 4 is 188.0
§For New York Times index, computed normal=100: this index has been revised back to January 1941; 1941 and 1942 data are shown on the revised basis beginning with
the Jan. 15,1942, and Feb. 26, 1942, issues, respectively. The Business Week index has also been revised for 1941 and 1942; 1941 data are correct as published only beginning
with the issue of Feb. 5,1942; 1942 revisions were first shown in the issue of Mar. 19.
©Thursday prices; August 1939=100.
f Index of cotton manufacturing heretofore shown in Weekly Supplement has been discontinued by the compiling source.
WEEKLY BUSINESS STATISTICS*
1941
1942
1940
1939
Feb. 28
Mar. 29
Mar. 22
Mar. 30
0.118
.193
3.57
38.15
1.22
0.118
.193
3.56
38.15
1.24
0.118
.108
2.69
38.29
.87
0.118
.106
2.65
38.29
.85
0.110
.105
2.29
36.81
1.03
0.112
.105
2.29
36.84
1.03
0.110
0.110
2.29
36.42
2.31
36.42
.68
3,790
5,547
6,732
3,449
5,527
3,706
5,214
4,514
5,816
2,850
4,117
3.598
4,787
3,094
3,826
3,509
4,189
2.351
2.249
12,939
3,161
2.347
2,253
12.968
3,266
2,402
2,262
12,835
3,208
2,392
2.262
12, 521
2,887
2,221
2.184
13,033
6,011
2.259
2,184
13,741
6.106
2,510
2,475
12.294
5,679
2.520
2,475
12,256
5,594
2.578
2.564
9,125
3,519
2.573
2,564
8.989
3,364
24.574
5,125
19.379
12.942
2,702
11.402
7,008
1.00
1.25
11,485
• 4.034
25,010
5.129
19, 585
13, OSS
2,701
11,446
7,035
1.00
1.25
11,482
• 4.035
193
25,129
5,153
19,623
13,215
2.720
6.959
1.00
1.25
11,525
• 4.035
224
24,815
5.188
19.544
13.151
2.723
11,374
6.902
1.00
1.25
11,525
• 4.035
263
24.712
5.188
19,551
13,132
2.723
11,392
6,902
1.00
1.25
11,443
* 4.035
215
23.259
5,444
17.120
10.583
2,571
9,798
5,420
1.00
1.25
8,864
• 4.032
302
23.186
5,449
17,129
10,588
2.755
9,714
5.414
1.00
1.25
8,837
•4.032
255
19,276
5.338
14.726
8,830
2,379
8,603
4,383
1.00
1.25
7,495
• 3.579
287
19.251
5,333
14.792
8.941
2,309
8.606
4.370
1.00
1.25
7,492
3.732
253
15,991
5,217
13,388
8,09fi
2,026
8.191
3,814
1.00
1.25
6,793
4.681
310
15.976
5,212
13. 533
8.238
2.036
8,209
3,805
1.00
1.25
6.765
4.682
350
75.040
3.36
1,707
69.11
05.2
66.7
58.6
63.1
61,030
3.38
1,864
69 23
65.7
66.9
59.7
64.7
58,450
3.38
2,026
68.83
64.4
65.4
59.8
64.3
48,300
3.37
2,473
72.31
69.8
69.8
619
C7.9
36,940
3.37
1,684
73.54
68.5
69.4
64.0
68.2
59,900
3.40
2,554
87.88
80.3
79.6
86.6
71.9
52,600
3.38
2.554
87.97
80.8
80.4
86.9
70.6
35.540
3.57
4,818
107.77
96.8
97.4
101.6
76.9
23,150
3.58
2,7S2
107.23
96.2
96.8
101.1
75.6
39.010
3.7,5
7,110
96.32
92.5
93.0
97 3
73.7
32,130
3 76
4.995
99.00
91.6
92.2
95.6
71.9
99.0
1.813
3,357
3,692
97.9
1,842
3,357
3.515
97.4
15,390
1,693
3,392
3,934
97,2
1,878
3,410
4,016
96.3
46,764
1,967
2,975
3.747
99.8
20,737
1,879
2.9S3
3,681
99.4
11,727
1,403
2,524
3.841
60.7
10,003
1,335
2,508
3,871
62.4
12,605
1,343
2,272
3,358
56.1
12,379
1,257
2,258
3,3*2
55.4
14,489
796,640
152,C07
K074
47.469
35,608
10,445
145,078
15,963
375,096
799,356
155,612
13,755
47,486
38,233
10.868
146,821
12, 710
373,871
770,697
145,373
W, 764
43,137
38,356
10.689
792,125
168.827
13,785
40,025
36,954
10,395
161,119
16.502
344,518
769,984
167,512
14.061
38,S8fi
36,913
10.817
148,519
13,341
357,518
781,419
162,500
14,455
45,328
37,351
10,470
143,542
12,853
354,920
158,661
14,226
328,908
628.921
127,929
8,540
31.930
34,540
9,589
147,305
10.175
258,913
620,375
118,764
8,540
33,346
31,441
10,797
147,685
10,501
259,301
600,691
101,209
5,991
27,110
32.0S0
10.774
157,419
9,108
257,000
601.948
110,278
7,163
28,121
31.679
11,315
153,719
7,577
252,096
199
279
4,214
200
307
4,526
198
291
4,320
210
310
3,800
190
304
3,370
176
315
3,248
167
319
5,789
170
309
4,463
3,017
Mar. 28
Mar. 21
Mar. 14
0.118
.199
3.57
38.15
1.19
0.118
.194
3.57
38.15
1.21
0.118
.193
3.59
38.15
1.22
3,650
6,290
4,289
6,967
2,326
2.244
12. 527
2,847
Mar. 7
Mar.
Apr. 1
Mar, 25
COMMODITY PEICES, WHOLESALE
Copper, electrolytic, New York!
dol. per lb_.
Cotton, middling, iMo" average, 10marketsW.,_.do.__.
Food index (Dun and Bradstreet)
.„
do....
Iron and steel, composite.
_
dol. per ton..
Wheat, No. 2,Hard Winter (Kansas City)-doL per bu..
FINANCE
Banking:
Debits, New York City
mil. of dol..
Debits outside New York City (140 cities).
do...,
Federal Reserve banks:
Federal Reserve bank credit, total
do
U. S. Government securities.
do
Member bank repgrvo b^anccs
—
do
Exress reserves, estimated
do
Federal Reserve ivportine; member banks:
Deposits, demand* adjusted
do
Deposits, timo
do
Investments, total
_
do
U. S. Government direct obligations
do
Obligations guaranteed by U. S. Govt
do...,
Loans, total
.do...
Commerc'l. in dust'], and agricuit'l loans .do....
Interest rates, call loansj
percent.
Interest rates, time loans!
do
Currency In circulation t
mil. of dol .
Exchange raies: Pound sterling!
dollars..
Failures, commercial
number
Security markets*
Bond sales (N. K S. #.)....thous. of dol. par value.
Bond yields (Moody's) {120 bonds)!
. percent
Stock sales (N. Y. S. £\)
thous. of shares
Stock prices (N. Y. Tiwts)\
, dol. per share
Stock prices {Stnnd. and POUT*S) (402)1...$35-39=100
Industries <3M)
do...
Public urilfries (28)
do...
Railroads (20)
do...
PEODUCTION, CONSTRUCTION, AND
DISTRIBUTION
Production*©
Bituminous coalf
thous. of short tons.
Electric power A
mil. of kw-hr.
Petroleum*.
thous. ofbbl.
Steel©
pet. of capacity.
Construction contract awards!
thous. of dol.
Distilbutionr
Freight carloadings, total
cars .
Coal
do...
Coke
do
Forest products
do._
Grains and grnin products
do
Livestock
do...
Merchandise, 1. c. 1
do...
Ore.
_
do....
Miscellaneous..
do...
ReceiptsCattle and calvesf
thousands....
Hogst
do...,
Wheat at primary markets
thous. of bu.,
#
3,714
11.411
average.
Data do not cover calendar weeks fn all cases.
• Free rate.
^Revised series. See table 32. pp 24-2fi of the Novem ber 1941 SURVEY for stock prices beginning January 1939 and cotton prices beginning August 1939. ©Rate for week ended Apr. 4 is 9S.8; data for 1942 are based on estimated capacity as of Dec. 31,1941, of 88,570,000 tons of steel ingots and steel for castings.
tComparable data are not available prior to 1940 because of a change in the markets included in the data heginninp with that year.
A1941 data are shown on a revised basis beginning with the Jan. 15.1942, issue; 1941 and earlier revisions not published are available on request.
©Automobile production data formerly shown are not available for publication.
MONTHLY BUSINESS STATISTICS
Earlier data are available in monthly issues of
the Surrey and the 1940 Supplement
1943
1941
1943
Febru* Febru- Decem- Januaryber
ary
ary
BUSINESS INDEXES
Agricultural income:
Gash income from farm marketings:
Crops and livestock, combined index:
Unadjusted
1924-29=100.. P90.0
Adjusted
d o — p 126. 5
Crops
do._ _ v 105. 5
Livestock and products
do...- v 145. 5
132.0
Dairy products
do
v 154. 5
Meat animals
do
Poultry and eggs
- d o — p 144. 5
CONSTEUCTION AND SEAL ESTATE
New dwelling units provided and permit valuation of building construction (based on bldg
permits), U. S. Dept. of Labor indexes:
Number of new dwelling units provided
1935-39=100- 223.5
Permit valuation:
129.9
Total building construction
do
168.0
New residential buildings
do
101.2
New nonresidential buildings
do
74.8
Additions, alterations, and repairs
do
Construction cost indexes:
Federal Home Loan Bank Board:
Standard 6-room frame house:
Combined index.
1935=100.. 121.2
Materials
...
_—...
do.... 119:3
Labor
:
do.... 125.0
DOMESTIC TBADE
Newspaper advertising:
Linage, total (52 cities)
thous. of lines.. 87,944
Classified....
d o . . . . 18,192
,9,752
Display, total
_do
1,560
Automotive
'.
do
1,339
Financial
do
14.662
General
__.do
Retail
s.
. . . d o . . . . 52,191
Retail trade:
3,715
All retail stores, total sales*
.mil. of dol..
123.0
Index, unadjusted
1935-39=100..
90.3
Durable goods
do....
134.8
Nondurable goods
do...,
140.2
Index, adjusted
..do...
109.5
Durable goods
_
do..*
150.1
Nondurable goods...
do.-.
Rural sales of general merchandise:
167.9
Total U. S., unadjusted
1929-31=100.
Total U. S., adjusted
...do...
207.5
Postal business:
Money orders;
Domestic, issued (50 cities):
5,317
Number..
J
thousands.
Value
;
Lthous. of dol. 59.823
Domestic, paid (50 cities):
Number
thousands. 14. 5
Value
. . . . . . t h o u s . of dol.. 38, 264
E M P L O Y M E N T AND WAGES
Employment:
Employment estimates (U. S. Dept. of Labor):
Civil nonagri. empl.. total*.
thousands
Employment in nonagri. estab., total d o . .
Manufacturing
do . . .
Mining
_
do...
Construction
do..
Transportation and public utilities do . .
Trade
do...
Financial, service, and misc
do .
Government..do .
Manufacturing, unadjusted (U. S. Dept. of
Labor)!-.1923-25=100.
Durabl 1 -goodsf •_ . _ . _ . . : . . . . ; . - . . - do . .
Iron and steel, o t c , not incl. mchy_..do . .
Blast far., steel wks., and rnll. mills
1923-25=100.
Hardware...
do .
Struc'l and ornam'l mntal work
do...
Tin cans and other tinware
do...
Lumber and allied products
do...
Furniture
...
_
do...
Lumber, sawmills
. . do . .
Machinery, oxcl. transp..
do . .
Agric'l implements find, tractors), d o . . .
Foundry and machine-shop prod.. d o . . .
Radios and phonographs
do...
Metals, nonfrrrous. and products
do...
Stone, clay, and glass products
do . .
Brick, tile, and terracotta
do...
Glass
..
do...
Transportation e q u i p m e n t s
.do...
Automobiles.
do ..
Nondurable goodsf
do...
Chemical, petroleum, and coal p r o d . . d o . . .
Chemicals
.
do...
Paints and varnishes...
do..I
Petroleum refining
do .
Rayon and allied products
do...
1943
1941
1943
'ebruary
'ebru- Decemary
ber
132.8
149.6
136.8
101.4
98.1
123.7
130.0
98.9
74.5
112.8
104.8
126.1
65.6
134.2
145.3
136.9
149
103
111
140
77.2
103
OS
190.6
161
154
232
145.9
99.1
76
126
206.1
75
123.6
152.6
191
• 143
132
308
146.8
152
137
97.5
94
123.9
130
98.7
75
100. 7
102.1
122.4
66.8
119.1
142.9
110.6
96.9
95.0
117.1
117.3
100.7
78.6
110.1
101.7
124.2
63.7
118.6
122.1
125.5
133
114
100
112
75.5
98
67
144.2
140
120
165
135.1
92.9
74
116
152.9
123
115.2
128.1
157
130
120
306
131.0
145
111
03.2
01
117.2
117
100.4
79
107.1
99.1
120.5
64.9
140.8
151.5
138.1
99.2
95.2
128.3
129.1
110.3
'84.9
113.0
106.2
123.3
67.4
134.9
144.4
139.5
149
114
107
141
78.1
105
63
183.6
167
150
207
143.7
101.6
77
132
205.1
HI
125.9
148.0
187
144
129
320
147.2
152
133
103.1
100
126.0
120
110.1
85
113.2
104.4
128.2
66.3
'135.5
' 149.5
'143.8
'98.8
'95.3
124.7
129.5
'99.7
'75.5
110.8
104.8
119.5
'63.4
135.6
146.8
139.8
150
110
108
147
'79.1
'105
70
'187.4
'161
153
'222
' 146.8
104.5
80
'134
'209.8
'96
124.9
150.0
189
'145
130
'313
148.1
'153
139
'98.7
'95
' 125.2
130
'99.9
76
111.7
103. 7
124.9
'69.2
48.8
94.4
80.
60.5
46.3
50.6
90.6
73.4
60.5
42.4
49.1
' 95.5
'80.2
'61.1
'50 9
49.4
95.3
81.3
61.3
46.4
90.6
70.
89.7
90.1
68.0
80.9
'93.1
'70.6
'90.0
92.0
70.5
90.3
109.6
107.4
94.2
101.4
101.1
93.9
113.3
108.4
'95.3
109.8
108.6
94.2
94.3
105.4
94.3
00.
92.9
91.4
113.0
'161.5
'96.3
95.7
105.3
94.9
176.9
208.5
126.8
139.3
170.
195.9
' 173.5
'204.7
179.0
137.0
175.0
174.8
145.4 185.0
134.8 152.
93.8 '121.2
173.6
115.
85.8
70.6
90.0 120.9
68.0
60.5
70.7
294.8 ' 176.9 271.2
240.5 174.2 219.0
136.1 202.8
218.
287.9
276.5 146.
151.2 193.2
201.
106.6
82.0
103.6
54.8 ' 7 2 . 6
66.
171.
170.(3 135.
290.
324. '191.
123. '159.
147.
'185.0
'148.2
'125.0
ranuary
EMPLOYMENT AND WAGES-Continued
61.5
84.0
66.5
100.5
102.0
105.0
78.0
128.5
134.0
124.5
143.0
131.5
153.5
132.0
110.0
131.5
119.0
143.0
' 124. 5
' 154.0
143.5
168.1
120.7
121.5
124.1
141.3
120.3
87.4
104.4
114.1
93.1
81.6
85.7
99.6
65.6
88.5
110.2
107.8
115.1
119.9
1177
124.2
120.6
118.6
121.5
93,963 .25,484
20,690 20,534
73,272 [04,950
5,250 3,291
1,432 1.702
14,806 17.047
51,784 82,010
89,341
19.064
70,277
1,320
2,204
13.076
53,677
3,538 5,473 ' 4,211
126.8
118.1 166.0
94.7
137.6 153.9
111.8 169 9. 137.2
136.6 ' 136.3 '146.7
173.7 ' 135.4 r l l 6 . 5
124.6 136.6
156.5
287.9
180.1
'151.5
199.0
4,496 5.82G
43,005 57,537
5.743
58,379
13.530 17.557
U4,754 149,204
15.70;
135,685
122.0
150.8
39,842 37.44S 41,073
33,699 31.305 34,930
12,641 11,273 12,739
8#>
854
908
1,632
1.67S 1,874
3. 246 3.028 3.296
6, 6*12 r*. 491 7,490
4,180 4.075 4,227
4,449 3,906 4,3S7
39.871
33. 728
12,593
'876
'1.653
r 3.255
' 6.757
' 4.180
40t
132.9
117.8
143. fl 121/0
136.4
125.0
134.3
144.3
138.5
'132 4
V 143.4
137.0
149.3
133.3
103..3 114.9
106. 3
95.9
130.
104.1
73.6
72.0
101.1
95.8
63.5
62.9
159.5 ' 143.4
165 7 144
154.4
120.0
201.3
144.8
145.
134.
93.1
86.9
6fi. 1
64.1
125.8
115.8
206 8 157.2
79.8
130.
122.7
114.
150.9
128.5
187.8
155.1
128.6
141.6
U9.2
130.
311
312.5
148.6
113.8
' 106.0
134.4
76.6
106.8
65.3
'183. 5
167.
150.4
219.1
M45.
99.7
74.
132.0
' 208. 6
116.2
' 124.8
'148.5
' 185.8
142.2
M29.2
321
' 148. 7
.'.110.1
'105.
' 136. 6
'74.0
'101.8
'G3.6
' 185. 2
' 164.1
' 152. \
' 210.9
144.
'95.1
'08.7
' 127. 7
' 209.9
'100.2
' 121.8
'149.4
' 185.9
'140.9
'129.1
'315.9
' Revised.
» Preliminary.
•New series. See note on corresponding item in the March 1942 SURVEY.
fRevised series. See note on corresponding item in the March 1942 SUB VET.
Earlier data are arailable in monthly issues of
the Survey and the 1940 Supplement
Employment—Continued.
Manufacturing, unadjusted—Continued.
Food and kindred products
1923-25=100..
Baking
_j
do.
Slaughtering and meat packing.
do.
Leather and Its manufactures.
do. _
Boots and shoes
.do
Paper and printing
do
Paper and pulp
do
Rubber products
do.
Rubber tires and inner tubes
do.
Textiles and their products!-do.
Fabricsf
do
Wearing apparel
do
Tobacco manufactures
do
Manufacturing, adjusted (Fed. Res.)t---do
Durable goodsf
do
Iron and steel, etc., not incl. mchy...do
Blast fur., steel wks.t and roll, mills.do
Hardwaro
do.
Struc'l and ornam'l metal work
do.
Tin cans and other tinware
do.
Lumber and allied products
do.
Furniture
do
Lumber, sawmills.. _______
do
Machinery, excl. transp. equipment—do
Agric'l Implements (Incl. tractors).do
Foundry and machine-shop prod...do
Radios and phonographs
do
Metals, nonferrous, and products
do
Stone, clay, and glass products
do—
Brick, tile, and terra cotta
do
Glass. _.
do
Transportation equipment!
do
Automobiles.
do
Nondurable goodsf..
do—
Chemical, petroleum, and coal prod..do—
Chemicals
do—
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
do...
Boots and shoes
do...
Paper and; printing
do—
Paper and pulp
do...
Rubher products
do...
iRubber tires and inner tubes
do.—
Textiles and
their
productst
do...
Fabricsf:
do...
"Wwiring apparel
do...
Tobacco manufactures
do...
Nonmfg.. unadj. (U, S. Dept. of Labor):
Mining:
Anthracite..
1929=100.
Bituminous coal
do...
Metalliferous
do...
Cruiie petroleum producing
do...
Qiiarrying and nonmetallic
do...
Public utilities:
Electric light and power t
do...
Street railways and bussesf
do...
• Telephone and telegrapht
*
do...
Services:
Dyeing anil cleaning
do...
Laundries
do...
Year-rbund hotels
do...
Trade:
Retail, totaft... .1. . — . - . . : . d o . . .
General merchandising! -..
do...
Wholesale
do...
Pay rolls (U.S. Department of Labor): ;
Manufacturing, unadjustedf
1923-25=100.
. Durable goodst
do...
Iron and steel and their products, not in:
eluding machinery
1923-25 = 100.
Blast fur., steel wks., and roll, mills
1923-25-100.
Hardware
do...
Struc'l and ornara'l metal work
do._.
Tin cans and other tinware
do...
Lumber and allied products
do...
Furniture...
do...
Lumber, sawmills
do...
Machinery, excl. transp. equip
do...
Agric'l implements (incl. trnctors)__.do...
Foundry and machine shop prods do,_.
Radios and phonographs..
do._.
Metals, nonferrous, and products
do...
Stone, clay, and glass products
do...
Brick, tile, and terracotta
do..
Olass
do._
Transportation equipmentt
do..
Automobiles..
do,.
191.1
142.9
130.5
161. C
84.8
114.
M80.9
'81.8
' 110.9
'67.5
'285.0
228.8
211.2
' 278.8
'197.6
'99.5
'65.1
' 166.1
'328.6
' 153.6
MONTHLY BUSINESS STATISTICS—Continued
Earlier data txe available in monthly issues of
the Surrey and the 1940 Supplement
1943
1941
Febru- Febru- Decenv
ary
ary
ber
1942
January
EMPLOYMENT AND WAGES-Continned
Pay rolls—Continued.
Manufacturing, unadjusted—Continued.
138.7
112.9 r 141.0
141.5
Nondurable goodsf
1923-25=100
Chemicals, petroleum, and coal products
208.0
144.8
200.9 ' 202.0
1923 25=100.
277.1
193.9
27L6 ' 275.7
Chemicals
_
..do...
179.6
141.7 ' 175.0 ' 172.5
Paints and varnishes
—.do...
162.4
132.1
173.9 M71.1
Petroleum refining
.do.-391.7 327.6 391.2 '392.4
Hayon and allied products
do...
149.6
119.6 '157 2 '154.6
Food and kindred products
do...
159.6
137.8
157.5 *• Ifi8.2
Baking
do.,.
160.1
113.5 '168.9 " 182.4
Slaughtering and meat packing
do.,.
114.7
91.5
106.7 ' 107.2
Leather and its manufactures
do...
109.4
88.9
99.5 MOO. 9
Boots and shoes
_
do...
135.5
117.1 • 144.2 ' 136.5
Paper and printing
do...
174.2
132.5 169.9 ' 171.9
Paper and pulp
do...
123.5
115.3 ' 136.9 '126.0
Rubber products._
_
do—
102.4
99.7 '108.6 ' 103.7
Rubber tires and inner tubes
do__.
127.1
'122.2 '119.8
103.8
Textiles and their products!
...do..124.2
98.5 ' 123.7 ' 122.0
Fabricsf
do--.
125.2
111.9 ' 108.3
107.9
Wearing apparel
do...
72.4
'72.7
76.7
61.7
Tobacco manufactures
do...
Nonmanufacturing, unadjusted:
Mining:
38.9
45.2
49.7
35.9
Anthracite
1929=100116.7
90.8
119.9
Bituminous coal
do.... 118.2
94.4
71.8 '93.7
98.5
Metalliferous
_
do
65.2
57.3 •"64.6
63.9
Crude petroleum producing
do
47.7
38.2 •"55.8
51.7
Quarrying and nonmetallic
do
Public utilities:
114.3
115.2
113.0 105.4
Electric light and powert
-do
71.0 '80.0
83.5
Street railways and bussesf
„
do...
80.0
104.3 122.9
120.8
Telephone and telegraphf
-do—
124.1
Services:
/
74.4
85.8
Dyeing and cleaning.—
do
86.7
102.2
Laundries
do
103.9
89.7 ••102.6
92.1
Year-round hotels
do...
91.9
86.1 '93.3
Trade:
Retail, totalf—
do.—
95.0
84.6
93.5
107.8
General meichandisingt
do
105.5
86.6
151.1
105.0
Wholesale
do.
81.4
91.9
92.8
93.2
FINANCE
Commercial failures:!
Grand total
number
Commercial service, total
do
©62
916 1,129
898
Construction, total.
do
53
59
62
66
Manufacturing and mining, total
do
65
57
63
£8
Retail trade, total....
do _.
159
141
140
132
Wholesale trade, total
do
604
589
540
719
Liabilities, grand total
thous. of dol..
81
70
87
104
Commercial service, total
_do
9,916
9,631 13,433 13,469
Construction, total
;
do
589
927
863
552
Manufacturing and mining, total..
do
851
920
830 1,161
Retail trade, total
do..._ 2,525 5,9S3 5,C51
3,550
Wholesale trade, total
do
3,641
4,232 4,501 4,323
1,285
1,027
1,611 1,471
ELECTRIC POWER
Electric power, production, total..mil. of kw.-hr..
By source:
15,646
14,084 12,293 15,639
Fuol
do...
Water power
___do...
8,381 11,148 11,050
• By type of producer:
3,912
4,421
4,491 '4,595
Privately and municipally owned electric
utilities
.mil. of kw.-hr.
Other producers
_do
12,612 11,027 14,215 14,110
1,424 '1,536
1,472
1,266
FOODSTUFFS
Dairy products, production:
.18,780 [30,110 17,865 121,410
Butter, creamery (factory)
thous. of lb.. 72,105 50,120 69,340 69,850
Cheese, total (factory)
do.__.
3,079
Condensed and evaporated milk, case goods:
3,853 6,530 7,086
Condensed, sweetened
thous. of lb_. 296,877 .07,703 286,776 310,952
Evaporated, unsweetened.
_
do....
1,271
1,728
Meats, production (inspected slaughter):
1,684
1,139
Total meats
mil. oflb.... >13,157 110,821 5,794 GO* 041
Beef and veal
thous. of lb.. 61,701 60,800 65,810 68,781
Lamb and mutton
do
Pork (including lard):
696,100 366,050 ,042,675 1,053,759
Total
do
123,465 117,714 .90,337 203,306
Lard
do
METALS AND MANUFACTURES
Pig iron and iron manufactures:
Boilers and radiators, cast-iron:
732
Boilers, round:
1,115
754 1,920
1,484
1.222
Production
thous. oflb.. 1,408
1,448
Shipments.
do
0,493 12,391 11,182 10,146
Stocks, end of month
do
Boilers, square:
17,773 22,579 19,642 18.756
Production
do.
19,061 13.036 17,380 17,044
Shipments
do.___ 93,525 90,040 02,993 04,832
Stocks, end of month
do
6.744 0,763
6,109
Radiators, ordinary type:
6.717
4,891 7.300
Production..thous. of sq. ft. heating surface- 6,781
6,175
Shipments
d o . . . . 17,524 25,393 17,567 18,106
Stocks, end of month
*
do
Steel, manufactured products:
2,370 1,500 1,929 '2,842
Boilers, steel, new orders:
845
Area
thous. of sq. ft.. 1,031
997 '1,012
Quantity
number..
Lead:
Ore:
Receipts, lead content of domestic ore.short tons.. 41,828 34,705 40,901 43.224
3,231
4,095 4,977
Shipments, Joplln district
do.
Earlier data are a rail able in monthly issues of
the Survey and the 1940 Supplement
1941
1943
January
45,633
45.920
24,830
43,307
53,037
20,531
M E T A L S AND M A N U F A C T U R E S - C o n .
Lead—Continued.
Refined:
Production from domestic ore
short tons..
Shipments (reported)
do
Stocks, end of month
__
do
Steel products, production for sale:
Total
thous. of short t o n s Merchant bars
_
do
Pipe and t u b e , do
Plates
do
Percent of capacity*
Rails
thous. of short tons..
Sheets, total
_
do....
Percent of capacity
Strip:
Cold rolled
-thous. of short tons..
Hot rolled
_
do
Structural shapes, heavy
do
Tin plate
do
Wire and wire products
_
do
Foundry equipmentif
New orders, net, total
1937-39=100New equipment
do
Repairs
do
PAPER AND PRINTING
Newsprint:
Canada:
Production
short tons..
Shipments from mills.
do
Stocks, at mills, end of month.
do
United States:
Consumption b y publishers
do
Production
do
Shipments from mills.
_
do
Stocks, end of month:
At mills
-do
At publishers
-do
In transit to publishers
do
4,762
485
419
726
134.8
122
765
77.5
47,764 48,829
54,859 50,680
46,604 20,185
4,687 5,144
490
455
434
384
629
416
88.1 132.6
144
154
889
1,074
80.1
107.3
119
354
261
352
91
139
322
205
379
106
135
567.9
636.6
361.4
281.1
295.9
236.6
481.2
505.3
408.7
367
5,170
511
446
700
118.2
133
895
81.7
101
138
403
317
407
532.7
570.6
418.5
278,101 245, G07 300,823 311,904
264,621 239,745 319,282 291,998
156.957 176,137 123,571 143,477
216,109 219,362 274,471
76,234 79,720 81,680
75,247 81,241
231,961
34,628
80,787
12,414 16,917 7,586
370,101 284,799 330,259
55,336 42,163 55,037
11,427
366,236
46,362
6,050
4,903
6,755
5,877
10,279
STONE, CLAY, AND GLASS PRODUCTS
Glass containers:
Production
Shipments, total
Stocks, end of month
_
thous. of gross., 5,965 4,368
do
6,141 '4,270
do
10,001 10,097
TRANSPORTATION EQUIPMENT
Railway equipment:
Association of American Railroads:
Freight cars, end of month:
Number owned
thousands.. 1,709 1,641 1,694
Undergoing or awaiting classified repairs
62
107
thousands..
61
3.7
6.6
Percent of total on line
3.6
Orders, unfilled
cars.. 69,402 37,981 73, 697
49,939 23,787 50,661
Equipment manufacturers
do
19,463 14,194 23,036
Railroad shops
-__
do
Locomotives, steam, end of month:
Undergoing or awaiting classified repairs
number.. 3,231 5,812 3,370
8.6
14.7
8.2
Percent of total on line
258
132
300
Orders, unfilled.,number..
237
113
2S2
Equipment manufacturers
do
21
19
18
Railroad shops
...do
January
1,701
61
3.6
66,870
45,798
21,072
3,378
8.6
249
229
20
1941
1943
Janu- Novem- December
ber
ary
METALS AND MANUFACTURES
Steel castings:
Orders, new, total..short tons.. 150,551 [10,570 34,534 113,034
96.5
72.2
94.5
128.6
Percent of capacity
Railway specialties
_
short tons.. 35,723 34,887 16,549 26,839
134,778 94,409 105,605 131,518
Production, total
do
112.4
89.4
80.7
115.2
Percent of capacity
Railway specialties
short tons.. 46,357 35,397 33,383 45,640
Electrical equipment:
Domestic appliances, sales billed:
Combined index, excluding refrigerators:*
142.8
144.3 113.4
Unadjusted index
1936-100.. 109.9
207.4
181.3 167.1
138.1
Adjusted index
do
Ranws*
units.. 30,196 50,516 38,350 48,705
Electrical products:
252.8
187.4 238.1
Industrial materials, sales billed. __ 1936=100^ 264.fi
425.2
Motors and generators, new orderf
d o . . . . 468.8 220.6 329.7
Transmission and distribution equipment,
283.7
273.0
355.7
new orders
_.1936«100~
Electrical goods, new orders (quarterly)
583,214
thousands of dollars..
TEXTILE PRODUCTS
Cotton stocks, domestic:
Warehouses
Mills
"New series. See note on corresponding item in the March 1942 SURVEY.
' Revised,
tRevJied series. See note on corresponding item in the March 1942 SUEVBY.
1942
Febru- Febru- Decem
ary
ary
ber
thousands of bales— 12,805
2,388
do.
14,640
1,817
13.915
2,105
0. S. GOVERNMENT MINTING OFFICE. I | 4 »
13,658
2,299
@FedFRASER