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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCF
WASHINGTON, D. C, APRIL 3, 1941
SUMMARY OF BUSINESS TRENDS

T

HE record pace of business activity has been responsible for a
more-tban-seasonal advance in freight carloadings since
February 22. Rising to 768,508 cars in the most recent week,
average weekly loadings of more than 756,000 cars for the 4-week
period were larger than for any like period in more than a decade.
All classes of freight are currently moving in high volumes with
coal shipments being especially heavy in anticipation of possible
shutdowns in the fields. The failure of miscellaneous and forest
product loadings to establish their usual gains is chiefly accounted
for by strongly sustained shipments in these categories throughout the winter. Heaviest shipments on an adjusted basis are now
those of coal, coke, and grains, with other types holding close to
^established seasonal patterns.
United "States ~ foreign~^trade declined further in February,
mainly reflecting the shorter month. Exports of United States
merchandise were the lowest since last September, totaling $298
million compared with $318 million in January. Smaller shipments in a broad list of nonagricultural commodities were entirely
responsible for the decrease, with rubber manufactures, chemicals,
textiles, and firearms and ammunition running counter to the generaJ movement. Nonagricultural exports fell to $274 million from
$296 million in the previous month, the largest reductions being
in shipments of aircraft and machinery. Aircraft shipments,
while declining to $34 million from the all-time high of $41

million established in January, still remained close to the average
for recent months. Machinery exports, however, declined for
the second straight month, partly as a result of the growing
tightness in supply conditions for many items. Electrical
machinery declined from $11 million to $9 million, while shipments of metal-working machinery dropped from $25 million to
$18 million and a new low since last July. Exports of firearms
and ammunition were almost twice as large as in January, rising
to $13 million for the largest monthly total since last summer's
heavy transfers of surplus supplies.
Agricultural exports continue in low volume although a slight
increase occurred in February. The growing emphasis upon
packaged and canned items is indicated by the further decline
in shipments of crude materials and foodstuffs while those of
manufactured foodstuffs and semimanufactured agricultural
products generally advanced. February receipts of such strategic and critical materials as crude rubber, tin, copper, nickel,
and ferro-alloys were all below those of the previous month as
imports for consumption declined from $224 million to $217
million. Imports of crude rubber and tin, as well as those
of raw wool, were still in large volume. Somewhat larger im*
ports of foodstuffs during the month were featured by a rather
sharp rise in cane sugar receipts and by continued heavy imports
of coffee.

SELECTED BUSINESS INDICATORS
STEEL INGOT PRODUCTION

ELECTRIC POWER PRODUCTION

(PERCENT OF CAPACITY)

FREIGHT- CARLOADINGS

(BILLIONS OF KILOWATT HOURS)

(THOUSANDS OF CARS)

100

80
60
40

^

mr

SI

—*<

?0

t

,

,

1

1

1

L_J

i

AUTOMOBILE PRODUCTION

BITUMINOUS COAL PRODUCTION

COMMERCIAL LOANS

^THOUSANDS OF VEHICLES)

(DAILY AVERAGE-THOUSANDS OF TONS)

(BILLIONS OF DOLLARS)

CRUDE OIL RUNS-TO- STILLS

MISCELLANEOUS CAR LOADINGS

F H.A. HOME MORTGAGES

(MILLIONS OF BARRELS - DAILY AVERAGE)

(THOUSANDS OF CARS)

(NUMBER SELECTED FOR APPRASAL ON HOMES TO BE BUILT

^-1939
.

\

V
,

,

1

1000
PRICE INDEX OF 28 BASIC COMMODITIES

EXPORTS OF U.S. MERCHANDISE

(AUG. 1939 • 100)

(MILLIONS OF DOLLARS )

500

TWRS0& FIGURES

j

7SJT

"• • 1 • . t . . 1 .

1938




1939

1940

1938

•'

1939

1940

1941

--2WEEKLY BUSINESS INDICATORS*
[Weekly average, 1923-25=100]
1941

1939

1940

1941

Business activity^
- New York Timesg
Barron's. _------Business week.
—
Commodity prices, wholesale:
Dept. of Labor, 1926*100:
Combined index
Farm products
Food
L
Allother....
...„
Fisher's index, 1926=100:
Combined index.—.
Copper, electrolytic*—
Cotton, middling, spot
Construction contractsf
'
Distribution:
.
Carloadings—
Department store sales, 193539=100A
r'-"
Employment, Detroit, factory...
Finance:
Bond yieldst-—
...
Stock pricest

122.1 122.1 121.7 122.6 98.9 99.4 95.6 94.5
131.5 131.1 129.3 131.0 103.0 102.5 95.2 94.1
144.9 144.8 144.3 144.3 105.8 105.8 98.8 99.2
81.6
72.3
75.6
$5.1

80.9
70.9
74.3
84.9

80.5
70.4
73.1
84.7

80.6
70.5
73.4
84.8

77.9
68.1
69.8
82.8

77.9
67.5
69.9
82.9

76.5
66.6
70.5
80.7

88.3 87.8 86.6 85.9 86.0 84.1 84.1 79.8
85.5 85.5 85.5 85.5 85.5 79.7 81.2 79.7
41.9 41.2 40.8 40.1 40.1 40.4 40.4 32.4
116.7
87.7 62.3 78.5 77.1

76.6
66.7
70.8
80.6

32.7

80.7 79.6 77.9 79.4 65.9 65.1 63.1 63.2
105 970. 101 880 113 110 102
97.7
122.1 110.3

111

59.1 61.9 62.0 65.0 65.2
90.1 111.1 110.4 99.2 101.9

58.9 58.6 58.6
90,5 J90.6 90.5

1939

1940

Mar. Mar. Mar. Mar. Mar. Mar. Mar. Apr. Mar.
29 22 15
8
1
1
25
23

Mar. Mar. Mar. Mar. Mar, Mar. Mar, Apr. Mar.
1
25
30 23
29 22 15
8
1
Finance—Continued.
Banking:
Debits, outside N. Y. C.t—Federal Reserve reporting
member banks:
Loans, total
Interest rates:
Call loanst
Time loansi—
...
Currency in circulation t
Production:
Automobiles
Bituminous coalt
Cotton consumption!
,
Electric powerf
Lumber.
—
,
Petroleum}
—
, Steel ingots©
___
Receipts, primary markets:
Cattle and calves.
__
,
Hogs
Cotton
_
Wheat,
•-

112.4 125.4 101.4 121.2 119.8 88.7 103.2

82.5

90.3

65.5 65.7
78.4 77.7 77.5 76.7 76.0 68.8
24:2 24.2 24.2 24.2 24.2 24.2 24.2 24.2 24.2
28.6
28.6
— . _28.6
- - . 28.6
.
. . . .28.6
. . . 28.6 28.6 28.6
182.5 182.0 181.8 181.5 180.3 154.3 154.3 139.9 139.3
157.9 157.5 167.1 160.1 161.0 131.5 131.5 109.4 113.7
111. 6 109.1 1 0 5 . 9 1 0 5 . 6 82.4 • —
78.4• - •78.9
73.8
158.9 158.4 156.1 115.3 116.7 113.0 111.1
168. 6 169.t.l 170.2 169.6 145.4 145.5 132.7 132.0
52.1 52.9 52.4 51.5 49.4 45.9 42.9 38.4
182.5 181.6 ISO. 2 ISO. 1 190.5 192.0 166.5 167.7
175.6 174.9 173.8 171.5 169.4 104.1 107.0 96.4 95.2
54.0 53.0 56.9 54i 6 56.2 56.2 63.0
47.6 46.0 42.1 43.1 47.8 46.5 35.8 36.3
57.3 86.9 82.7 57.3 75.8 48.8 60.0 26.9 36.5
37.9 42.5
42.4 40.8 32.3 30.2 25.6 78.0

•Data do not cover calendar weeks in all cases.
^Seasonally adjusted.
JDaily average.
tWeekly average, 1923-30=100.
§ "Computed normal=l00. Index revised beginning Jan. 8,1938; revised data not given in the issue for Jan. 23,1941, and subsequent issues will be shown later.
©Index for week ended Apr. 5 is 174.5. Beginning Jan. 11,1941, index is based on production of steel ingots and steel for eastings.
A-A description of this index and data beginning January 1937 will be shown in a subsequent issue; it is not adjusted for seasonal variations.

iVEEKLY BUSINESS STATISTICS*
1940

1941

COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York*.
dol..
Cotton, middling, spot, New York
do.
Food index (Bradstrcet's)
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:
Reserve bank credit, total
do,
TJ. S. Government securities
.do
Member bank reserve balances
-do
Excess reserves, estimated
-~
do
Federal Reserve reporting member banks:
Deposits,.demand, adjusted
,
do..,.
Deposits, time..
do
Investments, total §.
do
U. S. Government direct obligations
_..do_...
: Obligations fully guaranteed by U, S. Government
_
mil. of doL.
Loans, total §
•.—__.J
~
do....
Commercial, industrial, and agricultural loans §
mil. ofdol..
Interest rates, call loanst
....percent..
Interest rates, time loanst
do
Exchange rates: Pound sterlingt
— dollars.;
Failures, com re ercial
.number..
Currency in circulation^
mil. of doL.
Security markets:
Bond sales (N. Yt S. #.):__thous. of dol. par value..
Bond yields (Moody's) (120 bondsit--- ......percent.'.
Stock sales (N. Y. S. E.)
.thous. of shares..
Stock prices (N. y. Times)X...
dol. p e r s h a r e . .
Stock prices (Standard and Poor's) (420)....1926=100.Industrials (350)
_
dd.
Public utilities (40)
do
Railroads (30)
w._.*_.
..do.

Mar. 30

Mar. 23

0.118
.109
2.55
38.23
.80

a no
.110

0.112
.110

2.29

36.81
1.03

2.29

36.84
1.03

3,866
5,620

3,444
4,631

2,850
4,117

4,787

2,244
2,184
14,211

2,237
2,184
14,136
6,435

2,510
2,475
12,294
5,679

23,186
5,449
17,129
10, 588

23,487
5,462
17,055
10,519

23,362
5,470
17,070
10,458

2,223
2,184
14,175
6,542
23,431'
5,454
16,955
10,334

2,755
9,714

2,766
9,689

2,774
9,592

5,414
1.25
•4.032
2,55
8,837

5,374
1.00
1.25
«4.032
268
8,827

52.600
3.38
2,554
87.97
76.5
89.0
74.4
26.6

45.480
3.38
2,514
87.92
76.5
88.7
75.4
26.5

Mar. 29

Mar. 22

Mar. 15

0.U8
.114
2.69
38.29
.87

0.118
.112
2.65
38.29
.85

0.118
.111
2.61
38.29
.84

.0118
.109
2.59
38.26
.81

3,706
5,214

4,514
5,816

3,457
4,70ft

2,221
2,184
13,633
6,011

2,259
2,184
13,741
6,106

.23,259
5,444
17,120
10,583
. 2,751
9,798
5,420
1.00
1.25
"4.032
302
8,864
: 59,900
• 3.40
2,554
87.88
76.0
;
88.1
; 74.1
' 27.1

-

1939

1.00

Mar. 8

Mar. 1

Apr. 1

1938

Mar. 25

Apr. 2

0.110
.089
2.31
36.42

0.098
.086
2.44
38.71

0.098
.087
2.46
38.75
.90

3,094

3,509
4,189

2,835
3,742

3,197
3,819

2,520
2,475
12,256
5,594

2,578
2,564
9,125
3,519

2,573
2,564
8,989
3,364

2,587
2,564
7,312
1,560

2,592
2,564
7,333
1,559

19,276
5,338
14,726

19,251
5,333
14,792
8,941

15,991
5,217
13,388
8,096

15,976
5,212
13,533
8,238

14,268
5,221
12,039
7,778

14,301
5,231
12,107
7,876

2,766
9,495

2,379
8,603

2,369
8,606

2,026
8,191

2,036

1,156
8,771

1,166
8,805

5,287
1.00
1.25
« 4.032
241
8,814

5,227
1.00
1.25
«4.031
305

4,379
1.00
1.25
3.732
253
7,492

3,814
].00
1.25
4.681
310
6,793

3,805
LOO
1.25
4.682
350
6,765

1.00
1.25

4,306
1.00
1.25
4.961

8,755

4,383
1.00
1.25
« 3.579
287
.7,495

6,358

6,328

37,680
3.39
1,913
87.06
75.0
86.8
7..1
26.2

35,510
3.41
1,947
87.52
73.3
84.9
72.5
25.4

35,540
'3.57
4,S38
107.77
91.7
107.8
87.0
29.0

23,150
3.58
2,782

39,010
3.75
7,140
90.32
87.6
102.9
83.3
27.8

32.130
3.76
4,995
, 99.00
86.7
102.1
81.8
27.1

47,780
4.62
7,373
73.76
63.7
75.9
57.7
19.0

36,G40
4.42
6,654
80.50
71.9
85.7
64.6
21.3

107.23

91.1
107.2
- 86.5
28.5

0.110
2.29
36.42

PRODUCTION, CONSTRUCTION, AND
DISTRIBUTION
Production:
. •
103,370 103,395
89,400
85,980
123,805 131,410 125,915 126,550
Automobiles^
'
number.. 124,165
50,550
1,804
1,335
1,403
1,798
1,858
1,257
1,343
1,900
Bituminous coalt
._
-thous. of short tons..
892
2,835
2,424
2,422
2,826
2,199
2,210
2,818
2,809
1,979
Electric power
mil. of kw.-hr...
3,633
3,871
3,841
3,632
3,3S2
3,358
3,662
3,367
3,681
Petroleumt
.-..
...thous. of bbL.
97.5
-62.4
60.7
96.3
55.4
56.1
98.8
35.7
Steel in?ots©
•_
.pet. of capacity..
12,605
10,003
14,083
14,489
12,379
18,742
11,120
Construction contract awardst
thous. of dol..
Distribution:
628,278
620,375 600,691 601,048
768,508 758,693 741,922 756,670
523,489
Freight-carloadings, total........
cars.
135,800
117,441
127,304
181,573 176,337 173,055 174,551
77,497
107,200
Coal and coke
.do..
40,743
31,931
38,375
23,121
33,346
23,814
27,110
39,444
38,886
Forest products......
_
do,.,
34,058
34, M0
31,113
31,679
-31,441' " 32,080
31,571
32,562
.36,913
Grains aud.grain.produ.ct5
___da...
10,506
9,595
9,914
10,797
10,948
10,774 : 11,315
10,189
10,817
Livestock.
do..
147.156
153,710
147,685
154,314
157,419
158,661 159,286 158,910 159,365
Merchandise, 1. c. L.
:
...do...
"12,182
10,160
7,577
10,501
12,602
5,178
9,103
13,265
14,226
Ore
_
_
do._
259,301 257,000
252,096
327,432 327,610 317,953 325,265 259,096
220,167
M isoellaneous. _~:.. . . - . : . - _v__. _.
— . . _ . . . do..,
Receipts:
178
199
178
173
168 ' " 180
171
193
188
Cattle and calves.....
...thousands.
235
232
' 302
310
2S0
273
298
Hogs.*^...,
^
_
do...
237
; 309
.95
.. 156
.127
... 107
215
70
Cotton into sight..
thous. of bales.
..- 149
226
149
106
2,040
3,3S0
4,0fi5
6,201
2,572
3,017
3,370
Wheat, at pnmaryip.arkets
thous. of bu
2,406
3,248
2.495
t Daily-average
: .• Data do not £over calendar weeks in all cases. ..' 1 Source: Ward's Automotive Reports.
5 Data for 1938 not strictly comparable with data for later years; see note on corresponding data shown on p. 51 of the 1940 Supplement.
in Free rate.
©Rate for week ended Apr. 5 is 99.2; data for 1941 are based on capacity Dec. 31,1940, of open-hearth, Bessemer, and electric ingots and steel for castings




Mar. 20

52,600
907

1,975
3,406
33.7
572,952
85,518
27,501
37,898
10,619
152,811
7,649
250,956
214
246
112
2,159

MONTHLY BUSINESS STATISTICS
Monthly statistics through December 1939, to.. gether with explanatory notes and references
to the sources of the data, may be found in the
' 1910 Supplement to the Survey

1941
February

BUSINESS INDEXES
Manufacturers' orders, shipments, and Inven
tories:*
N e w orders, total
Jan. 1939=100..
J*273
Durable goods—.._
•__;
:_..do.___
Nondurable goods.
do
»130
Shipments, total
do....
*158
M88
Durable goods
_
do....
P132
Nondurable goods
_.
do....
Inventories, total
Dec. 31,1938=100.. » 121.4
Durable goods
,^do.
p 131.2
Nondurable goods
,.do.
v 110.9

March

April

May

June

July

1941
August

leptemNovem- DecemOctober
ber
ber
ber

January

101
103
99
119
129
110
110.0
112.8
107.0

106
112
101
121
131
112
109.8
112.6
106.8

110
118
105
120
133
108
108.9
111.5
106.2

121
141
109
123
136
111
109.1
112.1
105.8

133
157
118
126
140
114
108.6
111.8
105.2

127
159
107
117
127
109
109.2
111.9
106.4

130
163
108
124
129
119
110.9
115.4
106.0

164
211
133
145
158
134
112.2
118.4
105.5

172
235
131
146
167
128
114.4
121.2
107.1

171
237
129
148
172
127
116.5
124.1
108.5

172
252
120
152
184
123
119.3
127.9
110.1

••246
132
148
•"175
'124
•120.8
• 129.7
'111. 2

4,246
39,065

4,664
42,937

4,503
41,548

4,309
40,028

4,151
38,218

4,226
40,144

4,134
39,472

3,901
39,041

4,527
42,719

4,373
41,646

4,914
45,154

4,879
44,982

12,945
95,124

14,373
106,197

13,624
100,793

13,928
103,120

13,138
97,435

13,106
100,955

13,106
102,390

12.469

15,096
119,500

14,177
111,864

15,876
123,430

14,541
111, 638

112.1
111.5

112.0
110.9

113.2
109.9

114.0
112.3

112.8
111.1

109.9
112.2

110.0
114.6

110.2
112.4

112.4
111.8

115.3
115.3

120.8
117.2

118.4
122.1

107.0
106.0
136.9
96.8
1118
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
13S. 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

119.4
120.4
121.2
110.2
150.5
146.0
151.1
168.1
133.6
163.4

135.1
136.7
163.8
117.7
163. 5
127.8
139.0
148.4
114.9
139.7

158.4
167.1
207.9
138.3
165.9
122.0
129.8
140.3
108.9
138.2

179.4
176.0
233.9
164.5
186.5
137.9
136.0
170.3
125.5
153.8

233.7
256.2
268.3
210.6
245.2
146.1
153.9
178.7
135.0
150.2

110.9
112.3
139.0
102.3
110.5
145.7
147.7
175.7
133.7
150.3

4.92

2.98

2.94

3.05

3.36

4.76

4.77

6.63

6.21

5.52

4.65

4.11

5.54

3.15
.19
1.20
1.76

3.56
.16

3.46
.15
2.53
.78

3.66
.13
2.69
.84

3.78
.13
2.78
.87

3.36
.14
2.32
.90

3.35
.14
2.25

3.00
.16
1.63
1.21

3.22
.16
1.48
1.58

3.23
.19
1.53
1.51

3.06
.18
1.60
1.28

3.16
.16
1.86
1.14

3.41
.18
1.61
1.62

DOMESTIC TRADE
Pages 26, 27,
30
;
:
Postal business:
Money orders:
Domestic, issued (50 cities):
4,496
Number. _^
thousands.Value
thous. of dol.- 43,005
Domestic, paid (50 cities):
Number.
thousands.. 13,530
Value....^1
....thous. of dol.. 104,754
.Retail trade:
— Chain-store sales, indexes:
~
Grocery chain-store sales:
Unadjusted.,
1929-31=100.. v 123.6
P 123.0
Adjusted...
;
do.
"Rural sales of general merchandise:
122.0
Total, U. S.f unadjusted
1929-31^100.128. 0
East
_;
do.-161.8
South
do
110.3
Middle West
,
do-111.1
Far West
do...
150.8
Total, U. S., adjusted
do...
15f>. 5
East.
__
_
do...
177.4
South....
do...
13S. 7
Middle West...
do,.150.1
Far West
do...
E M P L O Y M E N T CONDITIONS A N D
WAGES
Page 39
;
Labor conditions:
Labor turn-over in mfg. establishments:
Accession r a t e . . m o . rate per 100 employees.
Separation rate:
Total
1
do...
Discharge
do
Lay-off
do...
Quit and miscellaneous
do....

1940
February

2.67
.73

FINANCE
:
Pages 57, 71, 72, 76 •
Life insurance (Life Ins. Sales Res. Bur.):
Insurance written, ordinary, total
thous. of dol. 537.557 506,212 567,872 574.453 571,625 553,086 566,061 528,330 503,427 573,504 505,474 596,534 522,762
40,072
New England
do .
39,633
46,549
43,440
38,381
44,112
38,056
39,632
40,743
42,416
41,727
43,976
43,149
Middle Atlantic
_.
do— 148,981 144,717 159,172 158,874 157,222 146,613 151,409 133,296 129,066 158,087 139,103 159,584 151,318
East North Central
do—. 126,136 120,473 132,728 132.454 131,230 123,270 129,284 119,572 113,821 130,687 115,940 137,459 121,164
West North Central
_
_ „ . d o — 49,509 46,661 53,070 54,293 58,864 54,290 58,097 54,877 50,238 56,173 47,328 58,527 46,963
South A t l a n t i c . . .
_
do.... 50,217 47,164 53,054 57, 784 55,897 58,094 57,633 52,751 51,668 56,987 50,654 61,072 49,473
East South Central
do..-. 20,201 17,657 21,969 20,752 21,857 24,711 22,218 20,882 20,913 21,624 19,440 25,230 19,207
West South Central......
..do.... 39,829 36,141 . 42,665 42,825 41,550 44,595 45,349 42,674 42,647 41,778 37,908 46,644 35,973
16,370
Mountain
do
12,761
12,481
12,348
12,924
14,747
12,758
15,99-1
14,893
15,154
14,956
15,754
14,730
51,576
41,005
43,654
Pacific
do
42,876
43,796
49,309
44,260
48,652
46,435
47,435
44,830
47,741
47,335
Security markets:
;
:
Bonds:
Prices:
Average price of all listed-bonds (N.-Y,
93.05
93.84
S. E.)_
dollars..
93.58
92.72
92.84
91.33
91.97
92.08
90.96
90.14
92.48
92.86
87.87
97.16
98.10
Domestic
_
do...
97.78
96.82
97.03
95.72
95.68
96.56
95.62
94.93
96.51
96.55
92.47
45.81
45.07
45.60
45.47
'Foreign
do.-.
44.86
43.28
51.58
43.07
40.64
39.09
48.86
52.77
Value, issues listed on N. Y. S. E.:
53,414 52,879 53,431 53,914 53,913 54,329 54,237 54,169 54,139
53,937
Face value, all issues
....mil. of dol.
53,646
54,225
53,853
49,799
49,820
49,877
49,399
49,966
49,891
Domestic issues.—
do—
49,400
48,903
48,879
49,400
49,108
48,347
49,313
4,340
4,360
4,515
4,334
Foreign issues.__
.do.-.
4,349
4,363
4,514
4,528
4,535
4,537
4,538
4,532
4,540
50,374
50,756
49,239
50,277
Market value, all issues.
do—
50,438
49,643
50,831
48,602
46,937
49,605
49,612
47,666
50,006
. Domestic issues...
d o . . . 48,307 47,265 47,611 47,395 45,197 45,894 46,762 47,285 47,699 4S. 481 48,768 48,871 48,386
1,954
1,944
Foreign issues
*
do...
1,988
1,971
I™
1,957
1,840
1,740
2,340
2,217
1,961
1,771
2,396
Stocks
Shares listed, N. Y. S. E.:
Market value,
all listed shares
:
41,818
41,891 40,280
41,492
40,706
39.992
46,058
;i
mil. of doL
42,674
36,547
38,775
46,695
Number ot shares listed
millions—
1,441
1,455
1,455
1,454
1,457
1,454
1,447
1,444
1,455
1,453
1,453
1,450
1,446
:
FOREIGN TRADE :
)
>
Pages 77. 78, 80, 81
Exports:
•,
:
>
'•
Total: Value, unadjusted
1923-25=100.
80
91
92
85
85
92
83
92
78
: 91
86
85
Value, adjusted..
•_.:
do.—
88
100
91
90 / 91
104
95
100
74 .
74
75
80
IT. S. merchandise, unadjusted:
'••
>
...
Quantity...........
„.;.-—do.—
117
130
132
123
124
136
126
135
115
136
127
126
124
85
Value
L
—,
;
do.;_80
91
92
85
85
92
84
92
77
90
86
85
Unit value
:;
,.—-do.--.
68
70
70
69
69
68
67
68
68
67
68
' 67
•Imports^
* ; . . i • • •
•
- :
,:
'
:
.
_
. •
71
: Total: Value, unadjusted.^
._—do—
72
62 ' * 67
66
65
65'
72
686064
69
78
Value, adjusted.—-._ .l ^ - d o — .
73
63:
60. :
61L .
64:
6978
7163
63.
69
79
70
Value:
•"
\ :
; "
•
. Exports, including reexports...tbous.--.of d o U 303,413 346.779 352,272 324,008 325,306' 350,458 317,015 349,928 295,245 343,485 327,685 322,257 325,355
General imports, t o t a l . . . . . . . . . i , . - . . . . d o . . . . 233,702 199.775 216.732 212,240 211,382 211,390 232,258 220,217 194,928 207,141 223.430 253,099
•Imports for consumption, total..«^.v-do--- 216,623 189,824 206.719 202,974 203,702.205,397 217,828 214,106 196.312 213.133 217,175 238,275 223,595
> Revised.
*New series. For indexes of manufacturers' orders and shipments beginning January 1939, see monthly Surveys beginning with the September 1940 issue (description
of data and figures for January-June 1939 are available on pp, 7^13.of that issue except for revisions given in note marked with an "*"onp. 20 of the November 1940 Survey).




MONTHLY BUSINESS STATISTICS—ConWcu
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
CHEMICALS AND ALLIED PRODUCTS
Page 88
Chemicals:
Alcohol, denatured:
Consumption
thous. of wine galProduction
do
Stocks, end of month
do
Alcohol, ethyl:
Production
_
thous. of proof gal..
Stocks, warehouses, end of month
do
Withdrawn for denaturing
.....do
Withdrawn, tax-paid...
do....

1941
February

ary

March

April

May.

June

July

1941
August

Se

DecemRber
® * October November
ber
t

m

January

10,558
10,556
1,465

8,505
8,460
1,366

9,494
9,524
1,392

9,791
9,994
1,591

10,037
10,037
1,586

9,626
9,707
1,662

9,497
10,443
2,605

11,195
11,510
2,919

14,157
13,694
2,445

15,566
15,098
1,975

13,544
13,158
1,586

12,441
12,215
1,360

10,499
10,610
1,468

22,030
12,166
19,070
1,766

20,381
18,773
14,697
1,640

20,677
16,730
2,012

20,218
20,957
17,610
2,035

20,948
21,921
17,752
1,782

21,423
21,799
17,490
3,380

22,457
22,393
19/621
2,020

24,094
23,645
20,918
1,424

21,559
18,480
24,218
2,045

23,350
13,471
25,552
2,357

23,354
10,027
23,110
2,959

23,762
9,503
22; 056
2,128

24,224
11,963
19,434
1,742

11,104

11,514

11,193

11,609

11,485

12,091

12,450

11,97?

13,063

12,771

13,456

13,641

7,914
3,190

7,583
3,931

6,645
4,548

7,006
4,603

7,270
4,215

7,931
4,159

8,482
3,968

8,124
3,853

9,404
3,659

8,737
4,034

9,058
4,398

'9,054
' 4,587

10,258
846

10,557
957

10,277
916

10,616
992

10,402
1,083

10,937
1,154

11,239
1,211

10,678
1,299

11,706
1,357

11,431
1,340

12,115
1,341

12,311
'1,330

3,477
3,238
8,000

4,385
3,811
8,393

5,124
4,187
9,127

5,485
4,884
9,509

5,597
5,856
9,019

5,851
5,320
9,324

5,074
5,393
8,776

4,001
4,300
8,314

3,915
4,194
7,840

3,396
3,765
7,325

3,606
3,777
7,001

3,863
3,200
7,483

12,125
7,928
514,490

13,232
8,398
517,589

13,949
7,793
522,515

13,926
7,522
525,441

10,658
10,862
525,395

7,581
7,634
523,596

6,742
4,850
521,601

16,701
8,176
519,017

21,487
11,494
518,638

17,567
13,173
518,358

15,712
8,958
522,699

16,015
6,043
530,859

9,878
6,616
470,514

10,588
6,461
473,278

11,233
5,773
477,873

11,492
5,827
480,599

8,187
8,331
480,938

5,200
5,475
479,189

3,252
3,617
477,484

6,762
6,354
476,980

10,303
8,982
476,298

11,761
10,529
475,611

12,265
7,331
479,102

13,532
5,019
486,133

3,402

3,480
2,669

3,721
2,764

3,466
2,694

5,239
4,218

4,392
3,446

1,630

4,182
3,501

6,114
5,356

6,749
5,856

4,563
3,755

3,111
2,533

10,513
8,663

10,186
8,136

9,720
8,221

14,691
12,637

10,142
8,348

6,413
5,003

10,350
9,060

14,525
13,074

16,856
15,232

12,293
10,894

8,056
7,068

28,121
'370
'693
'317
•22,808
'1,227
'1,602
'3,007
'6,908
' 10,065

34,012
'320
'308
'380
' 28,478
1,391
1,710
'3,437
8,018
13,922

349
318
'522
33,109
1,624
* 1,814
'3,741
'9,632
16,299

'35,092
'380
'316
'479
28,310
'1,366
'1,808
'3,399
'8,687
13,051

' 3,214
'718

'4,047
'479

'4.950
'355

' 5,419
189

6,057
' 91

ELECTRIC POWER AND GAS
Page 97
Electric power:
Production, total.
..mil. of kw.-hr.. 12,313
By source:
8,395
Fuel.
-do
Water power
-do
3,918
By type of producer:
Privately and municipally owned public
utilities.
mil. ofkw.-hr.. 11,027
Other producers-.
do
1,286
FOODSTUFFS
Page 100
Alcoholic beverages:
Fermented malt liquors:
Production
thous. of bbl..
3,660
Tax-paid withdrawals
do
3,185
Stocks
do
7,787
Distilled spirits:.
Production
thous. of tax gal._ 15,131
Tax-paid withdrawals
do
6,974
536,917
Stocks
do
Whisky:
Production
:do
12,658
Tax-paid withdrawals
do
5,834
Stocks
do
491,301
Kectified spirits and wines, production, total
thous. of proof gal._
Whisky
do....
2,833
Indicated consumption for beverage purposes:
All spirits.--.....—-„-thous. of proof gal..
9,116
Whisky
....do....
8,108
LEATHER AND PRODUCTS
Page 124
Leather manufactures:
. Boots, shoes, and slippers, production:
Total
thous. of pairs.. 38,006
321
Athleticdo
506
All fabric (satin, canvas, etc.)
do.^._
1,621
Part fabric and part leather
do
High and low cut. total
do___. 32,686
1,266
Boys'and youths'
._—do
1,947
Infants'do
3,960
Misses' and children's
do—
8,829
Men's.
do.._.
15,590
Women's
do...
Slippers and moccasins for housewear
2,268
thous. of pairs.
605
All other footwear
_do^_,
METALS AND MANUFACTURES
Page 132
;
Steel ingots and steel for castings:!
6,250
Production
thous. of short tons..
97
Percent of capacity.—:
.RUBBER PRODUCTS
Page 149
Pneumatic casings:
Production.
thousands .
Shipments, tctal
_•
do...
Original equipmentdo...,
Replacement equipment
do....
Exports
do.__
Stocks, end of month
do.—.
Inner tubes:
Production
do.—.
Shipments, total
i
...do...,
Exports
.-..do.—.
Stocks, end of month
_..._do—

1940

8,903

15,625

35,287
311
'846
'1,087
30,032
'1,012
' 1, 851
'3,758
<• 8,347
' 15,065

'2,100
'354

'2,443
'567

4,527
70

4,390
63

4,101
61

4,967
72

5,660
85

5,727
83

6,187

5,165
4,910
2,547
2,210
153
10,072

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
I,""
96
10,576

5,148
6,927
1,925
4,905
96
8,881

4,676
4,284
858
3,316
110
9,299

4,704
4,245
705
3,425
115
9,732

4,495
4,572
1.465
3,001
106
9,890

4,993
4,713
102
8,004

••4,184
'3,788
' 7,886

4,400
4,114
60
8,183

4,618
4,543
57
.8,258

4,739
4,739
78
8,243

4,359

4,327
3,615
96
7,802

4,115

z,m

6,841

4,028
3,797
89
7,094

36,232
10,712

21,302
8,658

17,709
7,340

17,471
8,544

17,065
6,524

19,373
5,798

28,431
6.061

24,799
7,571

2,411
80
233

1,587
80
195

1,129
58
186

1,088
52
183

1.2M
152

1,407
70
149

1.558
67
125

1,694
63
166

115,206
210

70,764
67,472
, 127

55,888
51,750
100

54,658
51,173
87

60,724
61/167
94

68,147
66,718
137

72,506
72,934
143

80,359
85,527
146

36,442
'286
••513
••1,459
31,751
' 1,179
' 1,919

31,816 '30,138
'344
'345
'974 '1,037
'450
'736
26,043 '24,198
'1,022 '1,163
' 1, 736 '1,599
'2,951 ' 2, 711
'7,587 ' 7,416
12,747 '11,310
'3,002 ' 3,219
'890
'716

*?

'37,027 '30,533 '31,624 36,803
'380
'469
'508
'497
'414
'349
'305
'324
M,586
'1,013
'833
'815
'28,805 '22,541 '25,430 32,215
'1,359
1,312
1,218
1,533
1,823 '1,891 '2,148
2,132
'3,511 ' 2.941 '3,287
'10,265 '8,678 '8,788 '8,168
' 11,365 '7,819 ' 10,151 '14,544
' 6,341 '6,143 '4,120 ' 1,713
'243
203
244
'477

6,470
97

6,494
94

6,943
97

5,482
5,561
2,322
3,081
158
9,448

4,838
5,137
2,438
2,569

4,999
4,972
2,626
2,227

9,118

9,179

5,472
4,847
2,293
2,426
128
9,797

4,111
4,692

4,665
; 4,646

7,950

4,557
4,878
124
7,647

7,055

7,014

5t163
4,527
96
7,733

28,609
,7,941

11,337

33.821
8,969

34,012
9,352

40,115
10,965

1,884
1,744
78
60
206
177 v

2,148
72
198

2.250
62
202

.201

88,627
104,332
182

90,421
103,556
179

94,789
107,978
188

90,418
104,279
192

•*•«

130

106

US

87

TEXTILE PRODUCTS
Page 166

Wool:!
Consumption (scoured basis):
Apparel class
thons. of l b . .
Carpet class.
do.
Machinery activity (weekly average):
Looms: Woolen and worsted:
,Bro.ad.
thous. of active hours..
Narrow
do
Carpet and rug-do—
Spinning spindles:
do..
Wooiia..—
do..
Worsted
do..
.Worsted combs

•

fData for April, July, and October, 1940, and January 1941 are for 5 weeks; other months, 4 weeks.
tRevised series. * Steel production and-pereent of capacity revised completely; see table 9, p; lfr of tne March 1941 Storey.




83.665
as, 005
168