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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 4, 1940 SUMMARY OF BUSINESS TRENDS TN THE latter half of March there was a further contraction of -•- the general level of business activity, with the result that March • losed as the third successive month of business decline. Department-store sales for the 4 weeks ended March 23 showed only a 9 percent gain over the same 4 weeks of 1939, not a good showing for this period considering that it included pre-Easter business this year and not last. The early date of the Easter season, combined with adverse weather conditions, however, make it difficult to judge the results. Retail sales returns for the first half of April will give a clearer indication of the trend of consumer purchasing. Electric power output continued to fall during March, declining more than seasonally,to 2,424,000 from 2,593,000 kilowatt- . hours in the second week of January. Automobile production on a weekly basis averaged less than 4,000 units above the 100,855 mark reached in the week ended March 2. The small increase during March was accompanied by a less-than-seasonal rise in sales during the first two-thirds of the month. Through March 23 the daily average of carloadings decreased contraseasonally from the February daily average of 105,359 cars, the decline being about 2 percent. The major categories of carloadings showing gains increased less than seasonally; the comparative showing was influenced favorably by less-than-seasonal declines in coal, coke, and livestock. Although the rate of steel production fell during March from 65.9 percent of capacity to 60.7 percent, the expected rate for the first week in April was up 1 point. The significance of this rise is not yet apparent from the limited data now available. The downward movement of the price index of 28 basic commodities during March is indicative of the lack of any general improvement in industrial purchasing. On March 29 this sensitive index of commodity pi ices had reached 112.7 (August 1939 ==100), the lowest figure reported since the sharp rise early last September; during the month it had declined by 3.5 points from the figure of 116.2 on March 1. While the index remains considerably above the pre-war level, it has lost one-half of the rise made in September. This price decline is also reflected by the more stable wholesale price index of 813 commodities, which registered a decline from 78.6 to 77.9 in the last 4 weeks, after rising from 75.0 in August to 79.4 in September. SELECTED BUSINESS INDICATORS FREIGHT CAR LOADINGS ELECTRIC POWER PRODUCTION STEEL INGOT PRODUCTION (BILLIONS OF KILOWATT (PERCENT OF CAPACITY) (THOUSANDS OF CARS) HOURS) COMMERCIAL LOANS BITUMINOUS COAL PRODUCTION AUTOMOBILE PRODUCTION (THOUSANDS OF VEHICLES) (DAILY AVERAGE - THOUSANDS (BILLIONS OF TONS) OF DOLLARS) E H A . HOME MORTGAGES CRUDE OIL RUNS - TO - STtLLS (NUMBER SELECTED FOR APPRAISAL ON H0M£S TO BE B U I L T ) (MILLIONS Of BARRELS- DAILY AVERAGE) 3.8 3.4 3.2 3.0 1940 r 3.6 39 fjy 1 w /93a2.8 A^— 1 150 t i l PRICES OF 350 INDUSTRIAL STOCKS PRICE INDEX OF 2& BASIC COMMODITIES (INDEX, 19*6 = 100) (AUG. 1939 = 100) 160 140 1937 219765—40 1938 1939 1937 1938 1939 1940 WEEKLY BUSINESS [Weekly average, 1923-25=100] 1940 ITEM Business activity :T New York Times§c? Barron'scf Business Week. 1940 1933 1939 ITEM Mar. Mar. Mar. Mar. Mar. A p , Mar. Apr. Mar. 26 25 16 30 23 9 2 Commodity prices, wholesale: Dept. of Labor, 1926=100: Combined index (813) Farm products (67) Food (122) All other (6~24) Fisher's index, ]926—100* Combined index (120) Copper, electrolytic} Cotton, middling, spot 77.9 67.5 69.9 82.9 78.2 68.0 70.4 83.0 78.3 68.5 69.9 83. J 78.4 68.8 70.5 83.2 76.5 66.6 70.5 80.7 76.6 66.7 70.8 80.6 78.8 68.8 72.6 82.4 79.2 69.6 73.1 82.7 84.1 84,1 84.3 84.2 84.4 79 8 79.8 81.2 81 9 79.7 81.2 81.9 81.9 81.9 79 7 79.7 71.0 71 0 40.4 40.4 40.8 41.5 41.5 32.4 32.7 31.6 32.0 55.8 715 Construction contracts} 64.7 64.6 64.8 66.2 Distribution: Carloadings 110.7 111.4 Employment: Detroit, factory Finance: 70.5 62.2 62.4 ftf R 66.3 Failures, commercial 61.9 62.0 62.2 62.4 02.6 Bond yields} Stock prices} . . 111.0 110.4 11). 0 111.2 110.4 77.1 90.2 69.3 63.0 62.8 54.6 59.8 70.5 97.7 76.2 86.0 65.0 65.2 80.1 76.6 99.2101.9 76.0 82.9 1938 Mar. Mar. Mar. Mar. Mar. Apr. Mar. Apr. Mar. 26 25 2 9 16 30 23 Finance—Continued. Banking: Debits, outside N. Y. C.}.__ Federal Reserve reporting member banks: Loans, totaL ._ Interest rates: Call loans} Timeloanst Currency in circulation} Production: Automobiles Bituminous coal} Cotton consumption^ Electric powert Lumber Petroleum} Steel ingots© Receipts, primary markets: Cattle and calves .. Hogs Cotton Wheat ..... 94.1 95 0 96.0 96.8 89.4 88.5 78.1 80.0 102.5 103.8 104.0 106.2 95.2 94.1 72.4 73.2 J05.8 107.5 107.9 110.3 98.8 99.2 79.1 80.5 1939 • 88.7 103.2 89.3 100.8 103.1 82.5 90.3 80.1 82. a 68.8 68.9 68 9 68,7 68.2 65.5 65.7 70.2 70.5 24.2 24.2 24.2 24.2 24,2 28.6 28.6 38 6 28.6 28.6 154.3 154.3 154.0 154,2 153.6 24.2 24.2 24.2 24.2 28, fi 28.6 7K 6 28.6 139.9 139.3 130.9 130.3 131.5 131.5 134.5 131.7 128.3 109.4 78.5 82.7 80.6 86.1 78.9 126.8 126.8 125.8 113.0 145.5 147.7 147.9 148.8 132.7 4fi 9 46.4 44.0 42.7 42.9 185.8 186.8 183.8 182.3 161.2 foil 107.0 111.0 110.8 113.0 96.4 56.2 54 5 46 5 55.2 43.1 61.5 76.2 78.0 51.] 56.4 52.5 46.2 68.8 68.4 54 9 51.7 86.9 65.1 56.2 35.8 26.9 37.9 113.7 6 4 3 73.1 51.4 111.1 87.3 132.0 118.8 38 4 39.7 162.4 161.6 95.2 60.3 66 9 5? a 89 1 11ft 5 Rf> 3 163 fi 5fi 9 63 n no 9 fi7 9 36.3 36.5 37 9 36.5 40.8 43 1 42.5 31.4 27.1 •Data do not cover calendar weeks in all cases. ^Computed normal=100. }Daily average. fWeekly average, 1928-30=100. ^Seasonally adjusted. ©Index for week ended Apr. 6 is 105.8. cTFor description of these indexes, see p. 4 of the Dec. 16,1937 issue. WEEKLY BUSINESS STATISTICS* 1939 1940 COMMODITY PRICES, WHOLESALE Copper, electrolytic, New York} dol. per lb__ Cotton, middling, spot, New York do Food index (Bradstreet'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, d9mand adjusted _do Deposits, time ^_ ..do Investments, total§ __do U. S. Government direct obligations do Obligations folly guaranteed by U. fi. Government... _ mil. of dol-. Loans, totaH..: ._.. do.... Commercial, industrial, and agricultural loans § mil. of dol.. Interest rates, call loans} _ ..percent.. Interest rates, time loans j do.... Exchange rates: French franc} . cents.. Pound sterling} _„. dollars.. Failures, commercial. _ number.. Currency in circulation} mil. of dol.. Security markets: • Bonn sales (N. Y. S. E.) thous. of dol. par value.. Bond yields (Moody's) (120 bonds)} .percent., Stock sales (N. Y. 8. E.) thous. of shares.. Stock prices (N. Y. Times)t~dol. per share Stock prices {Standard Statistic*) (420). 192G=100 Industrials (350) .' ...do.. Public utilities (40) do.. Railroads (30) do.. 1937 1938 Mar. 30 Mar. 23 Mar. 16 .0.110 .110 2.29 36.81 1.03 0.112 .110 T2. 29 36.84 1.03 0.113 .111 f 2.3t 36.86 1.00 0.113 .113 J2.32 36.83 1.00 0.113 .113 f2.30 36.83 1.00 0.111 .114 J2.34 36.83 1.03 0.110 0.110 F2. 29 36.42 F2.31 36.42 0.098 • 0S6 12.44 38.71 0.098 .087 2.46 38.75 .90 0.162 .160 2.99 40.19 1.41 2,850 4,117 3,598 4,787 3,581 4,142 3,552 4,675 2,673 3,084 4,523 3,094 3,826 3,509 4,189 2,835 3,742 3,197 3,819 3,813 4,878 2,510 2,475 12,294 5,679 2,520 2,475 12,256 5,594 2,524 2,477 12,439 5,777 2,515 2,477 12,367 5,733 2,537 2,477 12,318 5,687 2,523 2,477 12, 241 5,629 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 2,458 2,430 6,639 1,398 19,276 5,338 14,726 8,830 19,251 5,333 14,792 8,941 19,507 5,343 14,821 8,943 19,341 5,303 14,764 8,900 19,414 5,290 14, 740 8,851 19,256 5,277 14,680 8,830 15,991 5,217 13,388 8,096 15,976 5,212 13,533 14,268 5,221 12,039 7,778 14,301 5,231 12,107 7,876 15,126 6,144 12,907 8,396 2,379 3,517 2,369 8,606 2,387 8,616 2,400 8,591 2,421 8,528 2,425 8,531 2,026 8,191 2,036 8,209 1,156 8,771 1,166 8,805 1,199 9,366 4,383 1.00 1.25 4,379 1.00 1.25 4,367 1.00 1.25 4,355 1.00 1.25 4,324 1.00 1.25 4,316 1.00 1.25 3,814 1.00 1.25 3,805 1.00 1.25 4,299 1.00 1.25 4,306 1.00 1.25 1.00 1.25 2.027 -4.035 287 7,495 2.114 3.732 253 7,492 2.134 3.766 254 7,480 2.212 3.903 280 7,487 2.233 3.940 270 7,459 2.240 3.954 225 7,446 2.648 4.681 310 6,793 2.647 4.682 350 6,765 3.051 4.966 3.044 4.961 4.600 4.892 6,358 6,328 6,387 35,540 3.o7 4,838 107.77 91.7 107.8 87.0 29.0 23,150 3.58 2,782 107.23 91.1 107.2 86.5 28.5 30,990 3.59 4,121 107.75 91.8 107.8 87.6 33,810 3.60 3,653 10S.02 91.8 108.0 86.7 29.3 2«, 190 87.6 28.8 26,360 3.60 3,253 107.94 92.2 108.3 87.9 28.9 39,010 f3.75 7,140 9fi.32 87.6 102.9 83.3" 27.8 32,130 13.76 4,995 9P.00 86.7 102.1 81.8 27.1 47,780 T4.62 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 79,020 3.93 7,245 J 3.1.03 I27.fi 150.3 102.5 61.6 103,395 1,337 2,424 3,871 62.4 105,720 1.409 2,460 3,890 64.7 8,963 103,560 1,372 2,464 3,829 64.6 100,855 1,467 2,479 3.798 65.9 11,963 102, G70 1,548 2,455 3,732 67.1 7,312 85,980 1,344 2,210 3,358 56.1 12,379 89,400 1,245 2,199 3,382 55.4 14,489 50,5.50 876 1,979 3,367 35.7 11,120 52,600 891 1,975 3,406 33.7 103,710 1,393 2,147 3,422 90.7 10,134 619,886 126,575 33,346 31,441 10,797 147,685 10,444 259t59S 618,985 134,916 30,877 31,577 10,639 147,527 10,310 253,139 620,997 132,293 31,564 30,548 10,972 149,291 10,368 255,961 034,410 139,935 32,269 35,323 JI. 131 149,550 10,078 256,124 £95,032 144,976 30,146 . 31,223 10,768 133,908 601,948 117.441 28,121 31,679 11,315 153,719 7,577 252,096 77,497 23,814 31,571 10,948 154,314 5,178 234,315 604,241 110,71G 27,129 32,087 10,774 157,406 9,108 '257,021 220,167 572,952 85,518 27,501 37,898 10,619 152,811 ^7,649 250,956 721,229 129,317 38,422 31,6811 10,7S9 174,258 12,896 323,864 •178 302 160 172 358 198 166 . 300 179 5,444 173 165 j 340 201 2,929 178 232 70 3,017 199 235 95 193 237 106 2,495 214 . , , 246 112 2,159 225 256 147 2,440 Mar. 9 Mar. 2 3.61 3,015 107. 25 *• 9 1 . 1 " 106.8 Feb. 24 Apr. 1 Mar. 25 Apr. 2 Mar. 26 Apr. 3 PRODUCTION, CONSTRUCTION, AND DISTRIBUTION Production: Automobiles^.--_._ number.. 103,370 Bituminous coal} ...thous. of short tons.. Electric power mil. of kw.-hrs.. Petroleum} _ .thous. of bbl.. Steel ingots® ...pet. of capacity.. 60.7 Con.^ru«tion-contracfc awards} __ thous. of dol Distribution: Freight-car loadings, total .cars.. Coal and coke _ do Forest products _ _ do..~ Grains and grain.products do.. Livestock do./ Merchandise, 1. c. 1__._ _ do._I Ore. _ _ do Miscellaneous d o ~~S. Receipts: ! Cattle and calves thousands Hogs -...do.... Cotton into sight thous. of bales 112 Wheat, at primary markets __.thous. of bul! 6,201 4,065 4,483 i 336 226 5,181 ®Rate for week ended Apr. 6 is 61.7. }Daily average. • Data do not cover calendar weeks in all cases. • Official rate. $ No longer strictly comparable; for an explanation, see the corresponding data on p. 30 of the April 1939 issue of the SURVEY. ^Source: Ward's Automotive Reports. MONTHLY BUSINESS STATISTICS Monthly statistics through December 1937, to- 1940 gether with explanatory notes and references to the sources of the data, may be found in the Febru1938 Supplement to the Survey ary 1939 1940 DecemOctober November ber January August September 71.9 78.1 83.8 86.3 96.9 84.5 71.9 76.7 84.0 86.3 96.9 85.9 72.2 80.7 84.4 86.5 97.0 85.8 72.6 80.1 85.2 86.6 96.8 85.7 72.9 79.6 85.6 86.7 96.8 85.3 72.9 78.5 85.6 86.6 96.8 85.4 73.0 78.8 85.8 86.6 96.9 133.2 131.1 165.3 120.0 133.5 130.7 165.3 119.8 134.2 133.2 166.9 120.3 127.3 126.6 149.9 118.3 126.8 127.6 151.5 118.5 127.2 128.4 151.5 118.6 127.2 130.0 153.1 119.2 126.8 129.7 148.6 119.0 4,248 39,229 4,170 38,165 3,907 36,858 3,906 37,09S 3,907 37,262 4,288 39,723 4,150 38,553 4,554 41,190 4,702 41,876 13,164 95,899 13,724 99,757 13,918 101,345 12,142 91,709 13,130 99,498 12,624 97,376 14,152 109,016 14,385 108,449 15,285 111,851 13,608 100,455 106.7 88.0 106.3 79.5 107.1 79.0 101.2 79.0 87.5 80.5 63.7 76.5 56.5 83.5 96.5 93.7 107.9 102.6 110.8 108.5 '95.6 ' 122. 5 98.2 100.5 99.5 102.0 99.0 102.9 101.4 100.8 99.3 97.6 99.6 99.0 103.1 107.2 109.4 106.9 106.4 109.0 109.0 112.1 108.8 '105.4 ' 108.7 38.0 36.8 36.9 36.8 3G.5 37.1 37.1 37.9 38.2 39.0 39.1 39.1 38.7 Factory average weekly earnings, .dollars.., . 27.61 .728 Factory average hourly earnings do 26.11 .713 26.25 .715 26.27 .717 26.19 .720 26.67 .721 26164 .721 27.29 .720 27.58 .722 28.24 .724 28.49 .727 28.49 .729 28.09 .727 Z1&, 091 282,118 257,469 224,588 31,791 31,201 240,359 227,622 15,258 34,317 302,618 243,641 31,758 237,411 25,101 321,617 255,763 38,436 241,786 39,095 332,436 265,086 41,269 241,962 49,012 344,400 276,707 39,821 247,622 54,586 381,118 314,400 37,146 251,167 86,435 419,717 355,104 33,367 271,538 101,616 368,027 310,434 29,289 256,170 70,346 345,247 276,272 37,816 249,013 60,953 345,498 283,107 36,079 257,341 45,567 46 COMMODITY PRICES Pages 11,15 Cost of living (2V. 7. C. £.): Combined index 1923=100.. Clothing do Food do Fuel and light do Housing - _ _ do Sundriesdo Purchasing power of the dollar: Wholesale prices. : 1923-25*= 100.. Retail food prices do Prices received by fanners.-_ __do Cost of living do DOMESTIC TRADE Pages 26, 27 Postal business: Money orders: Domestic, issued (50 cities): Numberthousands.. Value.-thotis. of doLDomestic, paid (50 cities): Number thousands-. Value thous. of doL- February March 85.8 73.2 79.8 86.0 86.6 96.9 85.1 72.4 78.4 85.9 86.1 96.7 84.9 72.3 78.0 85.8 86.1 96.7 84.8 72.1 78.1 84.0 86.2 96.6 84.7 72.0 77.9 83.4 86.0 96.6 84.9 72.2 78.2 85.2 86.2 96.7 128.0 128.0 145.6 118.5 130.9 130.2 159.7 119.5 131.3 130.9 161.6 119.8 132.1 130.5 165.3 119.6 132.1 130.7 163.4 119.9 4,246 39,065 4,140 36,900 4,662 41,891 4,171 38,119 12,945 95,124 12,371 88,734 15,307 109,980 71.2 96.0 98.7 Automobiles: Value of new passenger automobile sales: Unadjusted - -.1929-31=100.- P 100.4 * 135.5 Adjusted _ _-_~~ - do Chain-store sales: Grocery chain-store sales: Unadjusted -- ..do _-- p 112.3 Adjusted .-do . - . p 111.7 EMPLOYMENT CONDITIONS AND WAGES Pages 39, 44, 47 Labor conditions: National Industrial Conference Board (25 industries): Average weekly hours per worker in factoriest hours-- April 85.0 June May July Natlonal Industrial Conference Board (25 TRANSPORTATION AND COMMUNICATIONS Page 86 Class 1 steam railways: Financial operations: Operating revenues, total thous. of dol-- 313,475 276,904 Freieht do , . 257,630 224,819 Passenger - ---do . . 31,945 30,237 240,519 220,620 Ooeratine exoenses - -.-do Net railway operating income.. d o — 32,618 '18,638 CHEMICALS AND ALLIED PRODUCTS Pages 97, 98 Paint sales: Plastic paints, cold-water paints, and calciPlastic paints Cold-water paints: In dry form In paste form OnlfiimijlflS .. thous. of dol.. v••-••-- do do dn - T : Paints, varnish, lacquer, and fillers: Total do Classified, total _ do—. Industrial-. . _.do --. Trade do . - . Unclassified™ do Cellulose plastic products: Nitro-celluiose, sheets, rods, and tubes: Consumption* thous. of lb._ Production do Shipments^ do Cellulose-acetate sheets, rods, and tubes: Consumption* -. .---thous.. of lb Production 1 -.-do .Shipments^ - *. -_.~ - . . . do . . Moulding composition:* Production do.... Shipmentsi * do 49 40 34 32 34 171 154 289 287 255 . _ . . 279- 179 270 233 153 200 213 159 277 ._ 203 140 252 205 33,0S7 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 6,002 27,665 20,45G 9,991 10,465 7,210 221 979 847 326 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 6 561 7 1,041 537 815 7 706 677 14 713 684 10 725 793 14 987 1,030 9 857 751 1,034 967 1,312 1,153 1,410 1,333 1,199 1,119 1,183 1,135 1,177 1,024 43 44 206 309 T 281^ 156 227 206 42 33 44 46 45 133 204 --186 144 219 251 187 316 280 210 317 -.-282 230 338 - - 306 25.536 18,806 8,920 9,887 6,729 24,415 17,395 7,982 9,413 7,021 31,555 23,003 9,626 13,377 8,551 32,666 23,830 9,469 14,360 8,836 40,138 28,546 9,611 18,935 11,592 36,886 26,197 9,781 16,416 10,690 29,472 20,769 8,199 12,569 8,703 186 1 016 '918 257 1,049 977 342 1,315 1,171 287 1,116 950 249 1,036 940 297 957 1,000 7 637 655 9 989 1,014 14 1,078 1,029 12 508 522 10 491 509 9 446 378 972 878 871 770 963 810 736 600 782 704 795 703 645 604 _ ELECTRIC POWER Page 99 11,659 12,077 r 12,252 11,864 11,116 11,228 10,529 9,955 10,341 10,567 9,654 10,651 Production, total* mil. of kw.-hr- 11,107 By source: ; 8,455 r 9, 005 8,727 8,891 7,907 7,701 7,179 6,743 6,176 5,562 6,116 5,828 7,922 Fuel-. . . . „ do 3,138 3,2C4 3,187 3,118 3,472 3,527 r 3, 186 3,786 4,165 4,393 4,450 3,826 3,185 Water power do By type of producer: Privately and municipally owned public 11, 262 10,736 10,974 11,151 10,260 10,329 0,820 9,846 9,321 9,686 9,900 • utilities _ mil. ofkw.-hr.. 10,258 : 9,043 922 '990 926 900 804 890 856 655 634 667 • 709 849 611 Other producers do ^Excludes consumption in reporting company plants. cf Includes consumption in reporting company plants. p Preliminary. ' *New series. For data on cellulose plastic products beginning 19357see table 15, pT 18 oftho" March 1939 SURVEY. tRevised series. Data for average weekly hours and wages revised beginning 1934. See table % p. 18 of the January 1940 SURVEY. JFor electric power production see footnote marked " J " on p. 40 of the March 1940 SURVEY. MONTHLY BUSINESS STATISTICS—Continued Monthly statistics through December 1937, together with explanatory notes and references to the sources of the data, may be found in the 1938 Supplement to the Survey LEATHER AND PRODUCTS Page 125 Leather manufactures: Shoes: 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, 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. AU other footwear do-.. 1940 RUBBER PRODUCTS Page 149 Pneumatic casings: Production! thousandsShipments, totalf do Original equipment* do Replacement equipment* do Exports* do Stocks, end of monthf do Inner tubes: Production! do Shipments, totalf do Exports* _ do Stocks, end of month t do TEXTILE PRODUCTS Page 157 Wool:$ Consumption (scoured basis): Apparel class thous. of lb.. Carpet class ..do Operations, machinery activity (weekly average): Looms: Woolen and worsted: Broad. thous. of active hours.. Narrow do Carpet and rug. _ do Spinning spindles: Woolen do _~ Worsted .do.... Worsted combs do.... 1940 March April May June July 35,573 285 465 1,299 31,304 1,178 1,894 3,816 9,076 15,341 35,457 237 530 778 31,400 1,302 1,940 3,711 8,645 15,801 42,375 281 760 832 37,131 1,545 2,256 4,505 9,930 18,894 32,578 275 591 641 27,842 1,407 1,951 3,122 7,680 32,222 307 526 355 27,161 1,404 1,825 3,435 7,739 12,757 31,776 295 , 454 26,326 1,390 1,971 3,579 7,888 11,498 33,618 268 257 380 28,802 1,439 1,836 3,401 7,628 14,497 43,581 358 247 567 36,913 1,894 2,131 4,240 10,065 18,583 36,379 359 277 530 29,659 1,502 1,967 3,681 8,572 13,936 1,875 345 1,983 2,651 721 2,464 765 3,002 871 • 3,702 708 3,600 310 5,185 311 5,303 251 33,234 34,786 42.9 35,997 39,615 47.5 39,807 29,183 31,640 38.8 33,666 27,702 30,840 37.8 32,657 29,041 30,781 •37.0 32,566 29,892 28,836 35.3 26,169 40,005 40,212 47.9 33,289 64,732 41,427 50.5 39,215 50,876 12,604 56,476 53,298 38,495 57,928 10,145 60,421 60,387 38,463 69,772 19,442 53,454 60,475 31,442 68,191 20,638 67,610 66,995 32,057 59,277 16,245 62,996 63,670 31,472 53,914 19,671 47,894 50,488 28,878 66,082 16,694 69,656 69,059 29,475 METALS AND MANUFACTURES Pages 131,132,134, 135 Pig iron and iron manufactures: Castings, malleable: Orders, new short tons.. 34,901 Production . . . d o — 42,163 51.7 Percent of capacity Shipments short tons., 43,935 Boilers, range, galvanized: Orders: New number of boilers.. 55,026 24,532 Unfilled, end of month, total do 66,039 Production. ___ do 66,580 Shipments.. __ do 36,253 Stocks, end of month. 1 do Steel, manufactured products: Barrels and drums, steel, heavy type: Orders, unfilled, end of month number- 335,183 Production do 802,960 Percent of capacity— 45.1 Shipments. numberStocks, end of month do Boilers, steel, new orders: Area thous. of sq.ft.. Quantity.. .number.. 414 Furniture, steel: Office furniture: Orders: New thoas. of dol.. 2,200 Unfilled, end of month do—, 1.286 Shipments do 2,264 Shelving: Orders: 481 New _ __ do—. 444 Unfilled, end of month— do Shipments ___ _ do.__. 479 PAPER AND PRINTING Page 146 Paperboard: Consumption, waste paper short tons.. Orders, new do Orders, unfilled, end of month do Production.. do Percent of capacity. Stocks of waste paper, end of month: At mills _ short tons_. 1939 Febru- February ary 421,037 351,203 277,719 597,953 737,155 837,079 51.1 45.0 36.0 600,411 742,491 837,320 34,008 28,672 128,431 •'-• 2 9 1 257,961 208,000 846,322 861,102 51.9 52.8 845,517 850,513 29,050 August **$*!*' October 37,073 440 334 676 29,247 1,476 2,171 3,783 9,568 12,248 No m ™ ber De m «L ber ' January 32,056 383 241 564 24,683 1,172 1,923 3,228 9,036 9,328 28,412 321 301 849 23,465 1,085 1,627 3,262 7,928 9,563 5,839 340 3,237 239 63,835 54,263 66.3 49,807 51,778 59,143 69.6 54,038 45,978 53,663 65.2 53,753 40,438 53,372 64.2 52,088 133,384 61,494 51,226 86,069 110,988 88,584 108,960 26,960 28,988 80,265 48,999 84,181 82,492 30,677 72,380 44,213 81,252 77,166 34,763 79,565 77,534 36,794 235,772 247,729 771,714 1,147,918 966.519 767,591 750,276 851,087 1,203,820 1,612,384 1,636,293 : ,468,963 73.8 92.4 92.3 52.2 46.0 82.9 756,890 849,697 1,207,335 1,576,690 1,653,078 ,457,472 33,025 34,407 30,892 66,586 49,781 61.251 '33,885 274 414 r 1,291 r 30,298 1,169 r 1,838 3,903 r 8,985 f 14,403 r 450,032 ,137,543 64.0 ,158,345 41,708 817 617 660 765 834 877 1,032 1,098 772 1,033 $90 1,175 1,752 1,380 1,089 997 802 554 477 525 483 1,763 1,144 1,748 1,760 1,038 1,866 1,590 932 1,684 1,769 989 1,712 1,932 1,179 1,745 1,774 1,361 1,596 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 2,264 224 350 483 249 458 385 255 379 501 323 433 425 293 460 407 291 366 411 263 440 421 266 418 526 335 456 511 493 540 494 534 504 443 556 265,066 247,710 292,474 367,897 338,030 429,545 115,266 112,801 124,420 399,970 338,803 421,576 70.8 73.4 67.8 262,918 264,348 259,996 255,830 314,316 347,575 372,893 383,371 382,682 454,817 97,340 93,643 95,058 108,427 119,502 372,984 375,772 376,509 366,605 443,226 64.2 72.4 69.1 63.9 320,073 628,272 290,467 445,387 75.5 241,242 262,344 248,595 255,354 259,423 214,352 218,649 215,580 247,393 237,490 4,911 4,118 1,974 2,043 101 10,157 '4,233 '3,640 "1,474 «-2,055 111 9,573 1,747 2,723 113 10,109 4,211 3,810 70 7,897 '3,733 '3,372 65 8,415 21,302 255,677 257,889 246,219 365,396 339,335 283.228 497,834 414,224 393,123 285,935 204,800 173,212 429,106 506,466 72.6 85.6 81.8 2S0,033 398,125 140,269 430,895 : 72.1 108 9,998 4,418 4,7.r>3 1,415 3,239 100 9,919 4,870 5,750 1,370 4,'2fi7 113 8,909 4,510 5,056 809 4,162 85 8,300 5,492 4,919 611 4,205 103 8,891 5,007 5,621 1,249 4,227 146 8,364 5,431 5,188 1,805 3,237 146 8,657 4,867 4,244 1,823 2,273 148 9,244 4,479 4,740 2,613 1,987 135 8,688 4,977 4,277 1,805 2,367 105 9,389 4t470 4,015 74 8,901 3,841 3,927 82 8,837 3,848 4,154 67 8,840 4,320 5,123 66 8,044 4,043 4,285 62 7,819 4,918 4,432 65 8,238 4,512 5,025 98 7,846 5,073 5,012 108 7,717 4,513 3,940 127 8,214 3,824 4,443 92 7,174 4,287 3,827 76 7,634 22,449 8,776 21,110 9,856 19,567 8,159 20,244 5,852 23,772 6,291 27,489 7,984 24,707 9,604 25,006 8,847 11,274 26,436 9,238 22,378 7,665 28,189 '9,703 1,587 80 195 1,942 78 209 1,580 75 213 1,338 62 198 1,573 69 175 1,791 73 178 1,759 69 155 82 199 1,649 81 196 1,782 95 221 2,043 101 213 2,044 78 197 1,853 69 200 70,764 67,472 127 73,130 82,226 137 60,041 77,747 124 55,704 67,613 95 63,248 79,174 117 72,489 82,819 136 73,739 71,306 132 77,201 77,698 145 74,103 81,611 144 81,748 105,604 167 80,173 103,333 157 74, 111 84,395 133. 73,328 71,344 137 5,137 4,211 4,356 1,529 2,719 r Revised. *New series. For data on pneumatic casings and inner tubes sec tables 27-28, pp. 17-18, of the May 1939 Survey* tRevised series. For revised data on pneumatic casings and inner tubes for 1936,1937, and 1938, see tables 27-28, pp. 16-18, of the May 1939 Survey. §Data for April, July, October I939.and January 1940 aro for 5 weeks; other months. 4 weeks. 1,253 355 U . S . GOVERNMENT PRINTING OFFICEi 1940