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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON, D. C, DECEMBER 5, 1940 SUMMARY OP BUSINESS TRENDS B USINESS activity continued to show improvement in the ing Government payments) rose to 80.5 against 75.5 in Septemlast weeks of November with the holiday exerting little in- ber and 76.5 in October 1939 (1924r-29= 100). fluence on the volume of industrial production. Freight carWith increased income payments to individuals, department loadings and electric power output held up well, declining less stores reported continuing better sales, and the available data than ordinarily at this time of year. Automobile assemblies fell indicate a substantial rise over October on a seasonally adjusted from 120,900 units to 102,300 in the week ended November 23, basis. as most plants closed down 1 day, but rose in the following week Spot commodity prices held relatively steady in the final half to 128,800 units for the largest weekly assembly since May of November following a general rise during the first 2 weeks of 1937. Daily average coal production reached the peak volume the month. The Bureau of Labor Statistics' 28-commodity of last fall. Operations in the steel industry were pushed to a index declined fractionally from 117.5 on November 15 to 117.1 new high rate in the last fortnight of the month, and in the cur- at the month end, compared with 113,8 on November 1. While rent week steel-ingot production is scheduled higher at 96.9 raw industrial commodity prices fell more than other groups, percent of capacity. the declines were small. Metal prices in general were unchanged, Reflecting the rise in industrial production in October, income though steel scrap advanced. payments to individuals in that month increased $200 million On the security exchanges stock and bond prices, after rising over September and lifted the adjusted index of income pay- in the early part of November to the highest levels since June, ments from 91.6 to 92.3 (1929=100). The index is now 5 per- receded at the month end. Trading volumes were small. The cent above the corresponding month a year ago and is the high- Dow-Jones industrial stock index stood at 131.0 at the close of est for any period since early 1930. .An increase of $131 million business November 30 against 138.1 on November 9. Bond in wages and salaries was more than seasonal. Farm income averages fell to 90.1 from the high of 90.9 on November 14 in from marketings was more than 8 percent above October last the Dow-Jones index but remained 8 percent above the June year, and the seasonally adjusted index of farm income (exclud- low. SELECTED BUSINESS INDICATORS (BILLIONS (PERCENT O f CAPACITY) OF KILOWATT (THOUSANDS OF CARS) HOURS) z.a 100 eo \ / 60 2.6 2.4 19 -**°«*X 40 FREIGHT CAR LOADINGS ELECTRIC POWER PRODUCTION STEEL INGOT PRODUCTION ^ \ 20 o 1 . t 2.Z t /938^~>>—"^ ^933 * 2.0 i , i . 1 1.3 , . 1 , COMMERCIAL LOANS BITUMINOUS COAL PRODUCTION AUTOMOBILE PRODUCTION (DAILY AVERAGE - THOUSANDS (THOUSANDS OF V E H I C L E S ) OF TONS) (BILLIONS w VJ i938 -^S^v^ J^ 1 , . , , 1 1939 * IOO) , 3.Z A.. I. I | t \ . (INDEX, 1926 - 100) 1938 1937 1938 1939 1940 FACTORY EMPLOYMENT a PAYROLLS INCOME PAYMENTS (SEASONALLY ADJUSTED ' PRICES OF 3 5 0 INDUSTRIAL STOCKS 160 1937 4.8 4.4 3.6 1 PRICE INDEX OF 28 BASIC COMMODITIES (AUG. DOLLARS) 40 /939 —A fl I . i OF 5-2 1929-100) (1923-25 - 100) 100 MONTHLY DATA 95 90 N 85 80 75 70 U.l-Ll , 1 , J ! , , 1937 276942—40 1938 1939 1940 1937 1939 1939 1940 i WEEKLY BUSINESS INDICATORS .[Weekly average, 1923-25=10*11 Nov. Nov. Nov. Nov. Nov. 30 23 16 9 2 Business activity:! New York Timesg Barron'sd"-.. Business Week Commodity prices, wholesale: Dept. of Labor. 1926=100: Combined index Farm products Food.. Allothcr Fisher's index, 1926=100: Combined index Copper, electrolytict Cotton, middling, spot Construction contracts! Distribution: Carloadings Employment, Detroit, factory.. Finance: Bond yleldstStock pricesj.. Dec. 3 1940 79.3 68.4 72.6 84.1 78.8 67.2 71.7 83.9 Finance—Continued. Banking: Debits, outside N. Y. C.J.... Federal Reserve reporting member banks: Loans, total Interest rates: Callioansi Time loanst __. Currency in circulation % Production: Automobiles Bituminous coalj Cotton consumption^ Electric powerf Lumber Petroleum} Steel ingots® Receipts, primary markets: Cattle and calves Hogs Cotton Wheat.. 78.5 78.8 79.0 77.4 77.3 66.5 67.1 67.6 69.1 68.3 70. S 71.1 72.0 74.3 74.0 84.4 80.7 83.7 84.7 84.5 84.5 83.7 83.3 84.7 84.0 80.4 80.5 85.5 85.5 85.5 85.5 85.5 89.1 89.1 79.7 79.7 32.4 33.5 37.9 38.2 37.9 37.1 36.0 38.6 77.0 78.2 122.7 1939 109.7 78.6 62.4 107.1 83.4 71.9 70.7 68.1 59.0 97.6 120.2 105.9 68.5 68.5 58.6 58.8 58.9 59.4 59.8 64.0 97.9 100.6 100.9 100.2 HO. 5 112.3 105.9 107.1 1938 Nov. Dec. Nov. 26 25 Nov. Nov. Nov. Nov. Nov. Dec. 2 30 23 16 9 2 Nov, 26 92.9 117.0 109.9 111.5 109. 7 106.0 105.9 117.0 115. 122.9 120.5 119.5 118.88 117.0 115.0 102.1 99.0 138. 0 125.7 124. 6 105.2 105.1 141.0 140.8 79.5 68.8 72.8 84.3 __ 1938 1939 1940 - 1T2.9 121.1 114.6 114.9 100.8 106.1 101.3 97.3 73.0 72.9 72.7 72.1 71.3 88.2 66.4 68.9 66.5 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 28.6 174.8 173. 7 172.9 172.7 170.8 154.1 153.1 140.3 139.3 163.8 130.2 153.8 153.8 150.2 119.1 92.2 124.4! 107.8 107.3 105.7 96.6 84.8 90.8 106.9 86.4 92.7 130.4 135.9 137.8 37.8 134.1 130. 9 117.'. 6 118.0 161. 8 165.2 163.3 164.1 .64.1 152.4 149.0 137.r. 2 131.1 53.2 40.4 54.3 56.1 50.7 186.8 177.4 177.7 172.6 163.1 189. 3 159.9 161.7 165.7 165. 7 164.8 164.6 164. 1 162.1 161.3 102.5 104.5 78.7 79.5 71.4 94.5 66.6 66.6 61.2 63.9 51.0 55.7 53.5 42.6 60.8 146.2 146.9 172.3 162.3 207.7 156.2 140.0 27.1 33.5 30.6 27.3 22.0 93.1 51.6 •Data do not cover calendar weeks in all cases. §Computed normal= 100. JDaily averafee, f Weekly average 1928-30*= 100. ^Seasonally adjusted. © Index for week ended Dec. 7 is 166.2. e? For description of these Indexes, see p. 4 of the Dec. 16, 1937, issue. WEEKLY BUSINESS STATISTICS # 1938 1939 1940 Oct, Dec. 2 Nov. 25 Dec. 3 1937 Nov. 26 Nov. 30 Nov. 23 Nov. 16 Nov. 9 Nov. 2 0.118 .103 2.46 38.13 .85 0.118 .104 2.44 38.07 .85 0.118 .103 2.43 38.07 .86 0.U8 .101 2.39 38.06 .82 0.118 .098 2.34 38.06 .81 0.119 .098 2.33 38.07 0.123 .105 2.35 37.26 .86 0.123 .102 2.39 37.42 .86 0.110 .088 2.41 36.36 .65 0.110 .091 2.38 36.37 0.105 .081 2.69 38.86 .95 2,959 ^ 547 3,773 5,617 3,305 4,428 3,802 4,632 3,581 4,674 3,052 4,985 2,983 4,100 3,012 4,700 2,608 3,759 2,952 4,097 3,065 4.118 2,276 2,204 14,292 6,931 2,302 2,231 14,127 6, 800 £.326 2,254 14,052 6,795 2,362 2,327 13,979 6,732 2,381 2,333 14,177 6,930 2,388 2,352 14,148 6,940 2,605 2,552 11,620 5,135 2,645 2,593 11,619 5,171 2,534 2,564 8,876 2,587 2,564 8,818 3,353 2,603 2,564 6,906 1,119 22,189 5,375 15,774 9,543 21,961 6.382 15,834 9,529 21,818 5,383 15,785 9,476 21,592 5,383 15, 721 9,410 21,858 5,349 15,693 9,374 21,643 5,355 15,599 9,317 18,972 5,232 14, 503 8,713 18,918 5,252 14,475 8,726 16,013 5,124 13,008 8,106 15,916 5,125 13,003 8,129 14,612 5,234 11,940 7,963 2,707 9,128 2,700 9,110 2,704 9,086 2,698 9,008 2,627 8,909 2,617 2,408 8,656 2,401 8,617 1,682 8,317 1,682 8,303 1,118 9,441 1.00 1.25 4,908 1.00 1.25 4,895 1.00 1.25 4,827 1.00 1.25 4,773 1.00 1.25 4,746 1.00 1.25 4,381 1.00 1.25 4,388 1.00 1.25 3,866 1.00 1.25 1.00 1.25 4,637 1.00 1.25 4.037 203 8,397 -4.036 256 8,385 • 4.034 262 8,290 « 4.026 263 8,240 3.004 264 7,485 3.921 252 7,433 4.670 4.658 4.901 6,811 6,762 6,587 34,350 3.39 3,046 95.07 81.9 95. f> 78.4 27.7 37,970 3.40 5,438 97.72 S4.7 99.1 80.2 29.0 38,940 3.43 7,388 9S.00 81.3 94.5 79.6 27.4 33,580 3.45 4,801 07.35 82.2 95.4 81.4 27.6 31,850 3.45 3,191 96.64 81.6 91. S 80.3 27.4 34,170 3.69 3,639 107.30 91.7 107:6 86.8 29.9 34,110 3.68 2,978 109.03 93.9 110.3 87.9 31.2 36,450 3.95 5,040 102.81 92.1 110.6 79.0 28.6 28,200 3.95 4,321 103.97 92.6 111.3 79.2 28.8 42,770 4.24 6,055 90.87 81.1 93.5 79.7 30.8 102,340 1,827 2,695 3,766 96.6 120.943 1,800 2,752 3,577 96.1 120,948 1,645 2,720 3,584 96.0 118,092 1,444 2,734 3,480 95.7 17,616 117,080 1,458 2,711 3,640 94.9 93,638 1,546 2,530 72,520 1,820 2,482 3,818 93.9 97,795 1,472 2,2S6 3,224 60.7 17,204 84, 730 1,579 2,184 3,261 61.9 92,173 1,387 2.153 3,387 29.6 733,488 154,157 39,083 33,323 15,819 140,219 40,122 310, 765 745,295 160,300 35,814 29,999 17,973 150,273 37.842 313,094 778,318 146,900 38,799 33,815 16,576 156,337 55,604 330,287 794,797 137,655 40,872 35,592 19,830 155,303 61,981 343,564 837,651 148,419 43,602 40,421 22,509 156,724 63,435 357,541 688,888 147,459 34,764 38,222 13, 554 149,510 11,640 293,739 673,113 142,634 33,169 35,997 13,779 648,534 561,658 126,759 25,594 29,155 13,770 142, 572 23,923 281,039 151,078 28,728 35, 769 16.681 152,737 9,307 254,234 129,890 12,337 224,153 620,325 132,868 27,861 37,413 15,154 154, S62 10,560 241,507 249 397 382 2,170 251 415 448 1,751 225 331 422 2,478 299 361 540 3,628 308 365 507 3,799 211 347 406 2,157 210 277 364 2,664 253 395 233 3,566 222 277 242 4,10S 280 316 339 2,426 Dec. 4 COMMODITY PRICES, WHOLESALE Copper, electrolytic, New Yorkt_-.__ ___dol. per lb_. Cotton, middling, spot, New York-_ do Food index (Bradstreet's) do Iron and steel, composite dol. per ton_. Wheat, No. 2r 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.,.. U. 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§ do,... Commercial, industrial, and agricultural loans! mil. of dol. Interest rates, call loansJ percent.. Interest rates, time loansj _ do. Exchange rates: Pound sterling? dollars. Failures, commercial . number.. Currency in circulation! mil. of dol.. Security markets: Bond sales (AT. K S. E.) ...thous. of dol. par value.. Bond yields (Moody's) (120 bonds) t percent Stock sales (N. Y. 8. E.) thous. of shares.. Stock prices (IV. Y. Times)t dol. per share.. Stock prices (Standard Statistics) (420) .1926=100 Industrials (350) . . . do Public utilities (40) . do Railroads (30) do PRODUCTION, CONSTRUCTION, AND DISTRIBUTION Production: Automobilesi number.. Bituminous coalj __ thous. of short tons.. Electric power mil. of kw.-hr_. Petroleum* _ _• thous. of bbL, Steel ingots® pet. of capacity.. Construction contract 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, I. c. 1 _"._ " d o Ore .._. ....do.... Miscellaneous _ do. Receipts: Cattle and calves. . . . _ thousands Hogs _ ...do..'" Cotton into sight thous. of bales.. Wheat, at primary markets. thous. of bu_. M.035 37,540 3.38 3,296 93.60 so.:. 94.0 77.6 26.9 128,783 96.6 380 2,437 M.035 256 8,436 a 94.4 12,614 10,022 ®Rate for week ended Dec. 7 is 96.9. tDaily average. •Data do not cover calendar weeks in all cases. ^Source: Ward's Automotive Reports. jData for 1939 and 1940 not strictly comparable with data for eadi$r years; see note on corresponding data shown on p. 51 of the 1940 Supplement, • Free rate* MONTHLY BUSINESS STATISTICS 1939 Monthly statistics through December 1939, to- 1940 gether with explanatory notes and references to the sources of the data, may be found in the DecemNovemOctober October 1940 Supplement to the Survey ber ber BUSINESS INDEXES Page 6 Income payments:! Index adjusted: Total income payments 1929=100 Salaries and wages.. do Total nonagricultural income do Total mil. of dol.. Salaries and wages: Total do Commodity-producing industries mil. ofdoLDistributive industries do Service industries - do a over™ TTI e.n t f\n Work-relief wages do Direct and other relief do Social-security benefits and other labor income. mil. of doL. Dividends and interest do Entrepreneurial income and net rents and royalties mil. of dol._ Total nonagricultural income . , . do Manufacturers* orders, shipments, and inventories:* New orders, total Jan 1939-100 Durable goods .. do Nondurable goods^ _ do Shipments, total.. do Durable goods.. . _^ do Nondurable goods. do Inventories total Dec 31 1938—100 Durable goods do Nondurable goods do DOMESTIC TBADE Pages 27, 30 Automobiles, value of new passenger-car sales: Unadjusted— __-_ 1929-31=100Adjusted .do Chain-store sales, indexes: Grocery chain-store sales: Unadjusted . 1929-31—100 Adjusted do Retail trade: Rural sales of general merchandise: Total U. S., unadjusted 1929-31=100__ East do ~ South do Middle West do— Far Wpst ~ ~ do Total U. S., adjusted „ . . do... East . ... do... ' South do Middle West . . . do Far West... do... 1940 anuary February March April May June July August Sepember J>92.3 P91.7 p 93.1 p 6,671 88.0 86.9 88.5 6,259 88.5 87.7 89.3 5,865 90.0 88.9 90.4 6,904 90.3 88.2 90.2 6,093 89.7 87.5 89.6 5,604 88.4 87.0 89.3 5,987 88.2 86.2 88.7 5,965 88.6 87.3 89.8 5,689 88.7 87.9 90.7 6,288 89.3 88.8 91.1 6,103 90.5 90.4 92.3 5,787 ' 91.6 '91.4 92.9 '6,462 4,154 3,911 3,879 3,908 3,767 3,742 3,784 3,784 3,838 3,671 3,766 ' 3,840 '4,023 J-1,592 *963 J>882 *85 1,472 928 846 541 124 S3 1,449 915 850 537 128 88 1,420 945 862 547 134 89 1,349 902 847 535 134 95 1,339 882 845 536 140 95 1,352 900 845 539 148 94 1,356 900 845 540 143 92 1,391 908 854 548 137 89 1,419 915 860 557 120 86 1,423 923 854 452 114 87 ' 1,493 917 859 M55 117 87 ' 1,553 '940 867 '548 '115 '84 *>145 P845 133 775 134 486 137 1,517 148 840 151 447 155 820 152 799 166 472 166 1,050 167 901 164 485 148 897 v 1,442 * 5,886 1,352 5,541 1,278 5,239 1,253 6,321 1,243 5,533 1,169 5,108 1,134 5,519 1,138 5,479 1,124 5,211 1,115 5,821 1,182 5,562 1,214 '5,232 ' 1,310 '5,809 P148 v 144 P170 p 126 p 129 J> 114.4 v 100.2 p 121.3 v 103.1 99.1 v 107.1 119.1 140.7 105.2 132.6 148.1 119.4 104 6 107 2 101.8 110.0. 114.0 106.7 128.1 146.5 112.1 107 3 110 3 104.1 104.4 106.2 103.2 118.2 129.2 108.9 109.3 112.1 106.2 100.5 103.2 98.7 118.9 128.7 110.4 110.0 112.7 107.0 105.5 112.3 101.0 121.2 131.1 112.4 109.8 112.5 106.8 110.2 118.2 105.0 119.7 132.9 107.9 108.9 111.4 106.2 121.3 141.0 108.6 122.9 136.3 110.8 108.6 111.2 105.8 132.9 156.9 117.6 125.9 139.6 113.8 108.2 111.1 105.2 127.2 158.5 107.1 117.2 . 128.6 108.6 108.9 111.2 106.4 129.5 162.8 108.1 123.5 128.9 118.6 110.4 114.5 106.0 164 '211 '136 '145 158 '134 '112.2 '118.4 '105.5 J> 140.3 J> 135.5 96.5 93.7 107.9 102.8 110.8 108.5 95.6 125.8 100.7 130.8 133.9 112.5 145.1 112.5 131.1 104.1 143.5 122.7 118.3 119,5 70.9 120.0 '67.7 ' 118.5 v 114.4 *113.8 106.9 106.4 109.0 109.0 112.1 108.8 105.4 108.7 112.1 111.5 112.0 110.9 113.2 109.9 114.0 112.3 112.8 111.1 109.9 r 112. 2 110.0 114.6 110.1 112.4 158.4 167.1 207.9 138.3 165.9 122.0 129.8 140.3 108.9 138.2 160.3 155. .4 215.4 143.9 166.5 123.4 120.7 145.4 113.3 13S.7 159.7 167.0 208.2 142.8 164.7 122.7 129.5 151.6 10S.9 135.8 21L7 229.2 236.4 190.1 242.8 132.4 137.7 157.4 121.9 148.8 102.3 99.2 120.7 96.6 108.4 131.5 130.6 152.6 126.3 147.5 107.0 106.0 136.9 96.8 114.8 132.3 129.6 150.1 121.8 155.1 119.9 120.0 151.6 110.9 120.2 136.6 133.6 167.9 125.1 146.0 115.3 115.2 134.4 105.1 127.0 125.4 120.8 152.5 112.5 142.2 122.8 126.3 135.8 114.0 138.4 133.8 137.3 160.1 120.4 153.9 125.5 133.1 132.6 116.4 146.7 137.7 145.0 164.9 123.3 153.9 96.4 95.7 102.6 88.1 121.9 132.1 134.4 151.1 119.4 148.6 119.4 120.4 121.2 110.2 150.5 146.0 151.1 168.1 133.6 163.4 135.1 136.7 163.8 117.7 163.5 127.8 139.0 148.4 114.9 139.7 109.9 109.7 110 1 107.5 108 2 106.9 103.7 96.2 110.8 101.2 94.7 107.6 103.9 98.3 109.2 103.4 97.4 109.2 104.2 100.2 108.0 104.6 100.1 108.9 101.5 97.6 105.3 104.0 99.9 107.9 101.5 96.7 106.1 102.2 97.6 106.6 100.9 96.6 105.1 100.6 96.1 104.8 99.7 96.2 103.0 99.3 95.2 103.3 99.1 96.7 101.5 99.3 95.4 103.1 99.6 97.3 101.7 100.4 96.4 104.1 99.7 95.9 103.3 101.6 97.8 105.2 103.8 99.8 107.6 103.8 101.7 105.7 107.7 105.5 '109.7 105.2 104.7 ' 105.7 51.9 93.0 65.3 64.3 48.0 51.3 94.9 66.5 63.8 47.1 51.0 92.6 67.3 63.8 44.0 51.5 91.8 66.4 63.2 37.8 52.0 91.7 66.3 63.0 38.3 52.6 89.7 66.2 63.2 41.0 51.6 86.2 67.7 63.1 44.5 52.2 85.1 69.2 63.3 46.9 50.2 83.8 70.3 63.8 47.9 50.8 84.9 71.0 63.7 48.1 50.3 86.6 71.5 '63.6 ••48.5 50.2 88.3 72.6 63.1 49.0 92.2 68.5 78.9 90.4 69.5 76.5 90.3 69.3 76.1 90.1 69.0 75.8 89.1 68.8 76.1 89.2 68.7 75.9 89.3 68.2 76.0 90.3 68.3 76.7 90.6 68.4 77.3 91.2 68.5 77.8 92.2 68.4 78.8 '93.0 68.4 '79.0 93.1 68.4 78.9 94.4 91.8 91.7 92.4 93.3 92.1 104.2 92.2 87.7 90.6 87.0 90.2 91.1 90.5 89.8 89.3 91.2 88.9 91.9 89.6 89.1 89.2 '88.7 '90.1 92.8 91.1 114.2 121.7 105.9 101.7 99.8 103.9 101.7 101.1 102.4 103.9 104.8 102.8 98.4 98.4 98.4 97.9 96.9 99.1 98.4 97.8 99,0 96.5 97.5 95.4 96.4 97.8 94.9 98.1 100.4 '95.6 96.8 96.5 97.1 104.0 105.5 ' 102.4 110.0 114.0 ' 105.6 32.2 84.3 71.5 58.3 46.2 52.2 97.6 63.4 58.8 45.6 42.0 96.3 63.9 59.6 42.9 26.6 84.3 65.0 59.2 39.2 52.5 87.0 63.6 58.4 29.6 32.9 87.0 64.2 59.0 30.8 38.4 78.3 63.2 58.4 34.1 36.3 72.2 63.5 59.0 38.1 40.0 75.3 65.7 58.7 42.7 40.6 73.9 65.4 58.8 43.9 36.5 75.2 63.7 59.1 43.5 33.1 '82.5 '68.5 '59.0 '45.2 39.3 83.0 69.6 57.4 46.6 107.4 70.9 102.9 102.0 71.2 97.2 102.5 69.4 96.4 102.4 69.8 97.4 101.6 69.0 97.4 102.2 71.5 96.9 102.3 69.5 98.1 103.3 69.2 98.7 104.2 69.2 98.8 104.8 70.5 100.0 105.8 70.0 101.3 '103.1 '70.4 '100.4 105.7 71.3 100.8 85.8 80.5 83.2 80.3 83.6 79.0 91.8 79.1 80.8 77.2 79.1 77.1 82.0 77.8 " 82.3 77.4 83.4 77.4 84.8 78.4 82.6 78.3 '81.5 78.7 85.0 '81.0 P P590 P127 P174 »239 » 133 p 148 *19S J> 116 J>134 EMPLOYMENT CONDITIONS AND WAGES Pages 31,32,33,34,37,40,41,43,44 Employment: Factory, unadjusted (U. S. Department of Labor)t1923-25=100^ Durable goodsf *. do Nondurable goods do Factory, adjusted (Federal Reserve)f__do Durable goodsf do Nondurable goods do... Nonmanufacturing, unadjusted (U. S. Department of Labor): Mining: Anthracite • 1929=100Bituminous coal do Metalliferous do Petroleum, crude, producing do Quarrying and nonmetallic do Public utilities: Electric light and power t do Street railways and busses f do Telephone and telegraph f do Trade: Retail, total t do Wholesale do Pay rolls: Factory, unadjusted (U. S. Department of Labor)t ..1923-25=100.. Durable goods! do Nondurable goods do Nonmanufacturing, unadjusted (U. S. Department of Labor): Mining: Anthracite ...,.1929=100.. Bituminous coal - do Metalliferous - *. do Petroleum, crude, producing ^.^ do Qiiarryinp swi nnTiTnnt.AlHo - - dn Public utilities: Electric light and powerf. do Street railways nnd bussesf do..~_ Telephone and telegraphf do Trade: Retail, totalf do.... Wholesale do-... 49 & 89.5 72 6 61.8 48.4 - •New series. For data on manufacturers' orders, shipments and inventories, see footnotes marked with an " • " on pp. 20 and 21 of the November 1940 SURVEY. tRevised series. For revised data on income payments beginning 1929, see table 42, pp. 17 and 18 of the October 1940 SURVEY. For revised data for the indicated series on nonmanufacturing employment and pay rolls, see footnotes marked with a "f" on pp. 27 and 28 of the November 1940 SURVEY. Indicated series on factory employment and pay rolls revised beginning January 1939; revisions not sbown above will appear in the December 1940 SURVEY. MONTHLY BUSINESS STATISTICS—Continued 1939 Monthly statistics through December 1039, to- 1940 gether with explanatory notes and references to the sources of the data, may be found in the NovemDecem- January October October 1940 Supplement to the Survey ber ber CHEMICALS AND ALLIED PRODUCTS Pages 95, 96 Paint sales: Calcimine's, plastic and cold-water paints: 21S 233 Calcimines thous. of doL 48 Plastic paints do__40 Cold-water paints: 179 181 In dry form.. do.._ 302 In paste form... _.. do.... 270 Paint, varnish, lacquer, and fillers: 34,540 37,748 Total ___ do.__ 24,995 27,347 Classified, total do... 10,976 12,594 Industrial do... 14,020 14,753 Trade _ _..do_ 9,544 10,401 Unclassified do... LEATHER AND PRODUCTS Page 124 Leather manufactures: Shoes: Production, boots, shoes, and slippers: Total thous. of pairs. 37,273 36.565 P506 442 Athletic do___ *>329 336 All fabric (satin, canvas, etc.) do... 678 Part fabric and part leather do... High and low cut, total do... 29,250 Boys' and youths' do... P 1. 533 1,477 2,170 Infants' do... P 2,103 3,783 Misses' and children's do... » 3,468 9,568 Men's do... 10,109 12,252 Women's do... 11,315 Slippers and moccasins for housewear thous. of pairs- P 6,146 6,283 All other footwear ..do *244 METALS AND MANUFACTURES Pages 130, 131, 133 Pig iron and iron manufactures: Castings, malleable: Orders, new short tons.. 71,129 63,835 Production do. 62,293 54,263 Percent of capacity.. 75.0 66.3 Shipments short tons.. 61,161 49,807 Boilers and radiators, cast-iron: Boilers, round:: Production thous. of lb.. 2T688 Shipments do. 5,145 5,445 Stocks, end of month do 13,264 10,750 Boilers, square: Production do. 32, 701 20,925 Shipments do 43F 767 Stocks, end of month do 82,205 Boilers, range, galvanized: Orders, new, net .number of boilers.. 106, 716 98,692 Orders, unfilled, end of month do. 42,094 51,226 Production _ do. 97,266 110,988 Shipments.. do 96,741 108,960 Stocks, end of month do Boilers, steel, new orders: Area . thous. of sq. ft.. 1,708 Quantity _ number.. 1,221 997 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 1 Waste paper stocks, at mills short tons. RUBBER PRODUCTS Page 149 Pneumatic casings: Production thousandsShipments, total do... Original equipment ..do... Replacement equipment do... Exports ^ do... Stocks, end of month. do... Inner tubes: Production.. _ .do... Shipments, total do... Exports .do... Stocks, end of month. do... 1940 F u |^ * March 215 54 April May June July August temliber 272 54 234 382 302 56 247 43 193 47 202 49 213 50 242 413 207 316 199 251 183 295 193 311 30,370 22,610 10,080 12,531 7,759 36,206 26,552 10, 972 15,580 9,654 41, 722 29,744 11,051 18,693 11,978 36,271 25,828 9,776 16,052 10,443 34,056 24,278 9,895 14,383 9,779 34,991 24,973 10, 619 14,354 10,018 33,937 24,101 10,502 13,599 9.836 35.651 285 529 1,299 31,324 1,178 1,894 3,816 9,094 15,343 34,551 311 824 1,048 29,538 1,067 1,821 3,614 8,337 14,700 31,056 349 915 692 25,556 1,017 1,703 2,825 7,588 12,424 29,479 343 965 424 23,801 1,161 1,575 2,601 7,419 11,045 27,905 371 691 303 22,668 1,230 1,600 2,950 6,925 9,963 323 302 370 28,113 1,391 1,710 3,357 8,018 13,638 39,315 '34,992 389 359 '319 302 ••474 519 32,837 28,208 1,366 1,624 1,791 1,790 3,669 '3,342 9,622 '8,679 16,132 13,030 1,253 355 1,870 345 2,288 542 2,880 003 3,127 319 3,184 687 4,005 476 4,946 353 ' 5,413 189 45,978 53,663 65.2 53,753 40,438 53,372 64.2 52,088 34,901 42,163 51.7 43,935 35, 730 39,881 48.7 42,975 35,290 40,529 50.1 41,975 35,553 37,511 45.2 40,919 36,503 34,700 42.7 45,025 38,872 46.7 34, 226 52,994 48,926 58.8 43,216 53,079 49,804 61.4 45,943 1,418 1,740 12,002 1,456 2,117 11,487 1,648 1,207 11,935 1,602 1,079 12,454 2,292 1.177 13,565 2,754 1,334 14,923 1,697 1,613 15,009 1,449 1,698 13,477 1,848 2,732 13,873 2,371 3,851 12,513 , 17,273 14,816 16,227 23,751 80,391 77,878 16,525 15,443 79,128 20,616 11,214 88,593 18,790 17,900 9,253 10,933 98,121 105,043 20,922 18,698 12,024 14,776 114,032 117,975 17,352 22,916 112,369 26,185 31,100 107,267 26,340 40,342 93,029 80,265 48,999 84,181 82,492 30,677 72,380 44,213 81,252 77,166 34,763 69,407 36,086 79,565 77,534 36,794 55,026 24,532 66,039 66,580 36,253 55, 339 19,161 59,319 60,710 34,862 51,062 18,507 51,012 51,716 34,158 72,725 23,048 68,816 68,184 34,790 75,427 31,158 70,452 67,317 37,925 85,139 38,194 77,879 78,103 37,701 64,831 27,315 76,467 75,710 38,458 73,821 32,119 68,522 69,017 37,963 802 659 554 477 534 489 558 411 761 526 878 630 1,066 809 1,761 1,007 1,680 1,214 1,275 1,098 3,726 1,557 213 34 203 32 205 34 186 42 153 206 159 277 140 252 264 21,772 10,234 11,538 7,624 25,934 19,333 9,409 9,924 6,602 27,665 20,456 9,991 10,465 7,210 25,536 18,806 8,920 9,887 6,729 24,696 1,172 1,923 3,228 9,030 9,336 277 873 23,694 1,106 1,628 3,357 7,939 9,663 33,885 274 414 1,291 30,298 1,169 1,838 3,903 8,985 14,403 341 3,285 239 51,778 59,143 69.6 54,038 2,233 2,882 11,905 32,129 385 243 566 186 299,781 317,909 283,660 398,191 414,966 399,133 160,541 131,890 131,242 429,561 452,604 402,548 70.3 71.2 73.9 251,823 245,378 245,685 333,739 480,181 140,027 473,169 77.8 249,860 365,396 497,834 285,935 506,466 85.6 218,649 339,335 414,224 204,800 482,808 81.8 215,850 283,228 393,123 173,212 429,106 72.6 247,393 280,033 398,125 140,269 430,895 72.1 237,490 265,066 367,897 115,266 309,970 70.8 241,242 279,402 392,794 110,039 406,922 69.1 241,674 291,285 480,250 166,830 417,566 70.9 225,577 338,241 517,221 204,249 470,244 77.1 235,706 324,448 437,874 195,037 440,725 77.8 240,039 5,082 5,561 2,322 3,081 158 9,448 5,392 5,161 1,788 3,226 146 8,382 4,865 4,278 1,854 2,276 148 8,918 4,469 4,727 2,613 1,979 135 8,665 4,954 4,270 1,805 2,300 105 9,348 4,888 4,112 1,974 2,037 101 10,124 5,007 4,346 2,050 2,203 93 10,747 5,106 5,010 2,095 2,827 87 10,881 5,415 5,720 1,999 4,706 4,315 858 3,347 110 9,299 4,621 4,174 705 3,354 115 9,732 4,417 4,512 1,465 2,941 106 10,576 5,148 6,927 1,925 4,905 06 8,881 4,556 4,878 124 7,647 5,008 4,948 108 7,279 4,508 3,967 127 7,710 3,784 4,394 92 7,036 4,287 3,827 76 7,634 4,211 4,618 4,543 57 8,258 4,739 4,739 78 8,243 4,359 5,721 74 6,841 4,027 3,793 89 7,094 4,314 3,600 7,897 4,400 4,114 60 8,183 7,802 4,107 '3,953 84 '7,950 11,274 26,436 9,238 22,378 7,665 9,703 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 28,609 7,941 1,792 96 221 2,041 103 213 2,046 78 197 1,853 69 200 1,587 80 195 1,129 58 186 1,088 52 183 1,209 58 152 1,407 70 149 1,558 67 125 1,694 63 1,744 60 177 81,686 80,423 106,185 103,487 ]fi8 157 74,381 84,179 133 73,328 71,344 137 70,764 67,472 127 55,888 51,750 100 54,658 51,173 87 60,724 61,167 94 68,147 66,718 72,506 72,934 143 80,359 85,527 146 83,665 88,005 168 3.B1J TEXTILE PRODUCTS Page 156 Wool:1 C o n s u m p t i o n (scoured basis): A p p a r e l class t h o u s . of l b . . 39,240 C a r p e t class do... 11,387 Operations, machinery activity (weekly aver age): Looms: Woolen and worsted: 1,884 Broad.. t h o u s . of active h o u r s . . 78 Narrow.. do 206 Carpet and r u g . do Spinning spindles: 88,027 Woolen do Worsted d o . . . . 104,332 182 Worsted c o m b s . .. . . do 131 v Preliminary. ' Revised. fData for October 1939 and January, April, July, and October 1940 are for 5 weeks, other months, 4 weeks, U.S. GOVERNMENT PRINTING OFFICE: 1940
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