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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 7, 1939 SUMMARY OF BUSINESS TRENDS industrial developments last week was the resumpA-MONG tion of operations at Chrysler plants after settlement of the 2-month-old industrial dispute. Automobile assemblies this week will move above the 100,000 mark and December output of cars and trucks is scheduled to be the largest for any month since the summer of 1937. Industrial production during the latter half of November reflected the double observance of the Thanksgiving holiday, but there has been no change in the underlying economic situation. Activity continues at about the high point reached in the current move, with production cutting into the bank of unfilled orders built up in the recent buy ing wave. Freight-car loadings have declined further from the October peak in the usual seasonal movement. Steel ingot production goes into December at 93 percent of capacity and many other durable-goods industries are operating at high rates. The volume of orders for capital goods includes, for November, a marked falling off in railway equipment orders after the active purchasing of the two preceding months. For October there were reports of heavy buying of foundry equip- ment and machine tools, adding to the large backlogs accumulated in September. Manufacturers of electrical machinery and equipment were recipients of increased orders in October, according to preliminary reports. Quotations of domestic securities eased slightly last week with stock prices continuing to hold within the narrow trading range that has prevailed since mid-September. Bond prices were little changed apart from the severe decline in bonds of the Finnish Government. In the capital market the stagnation that has existed since August was broken by the flotation of a large utility refunding issue; several other utility issues are under registration and are expected to reach the market soon. Prices of cotton, wheat, and other grains advanced slightly last week, but otherwise the recent easing tendency in the sensitive commodities continued to prevail. Steel scrap quotations have declined considerably over the past few weeks. Prices of finished steel for delivery in the first quarter of next year were reaffirmed at the quotations currently listed with some exceptions among the light rolled products. SELECTED BUSINESS INDICATORS STEEL INGOT PRODUCTION ELECTRIC POWER (PERCENT CF CAPACITY) BITUMINOUS COAL (MIU.ICK5 Of [MOODrS CONSTRUCTION CONTRACTS - E W. DODGE PRODUCTION SHORT SPOT COMMODITY PRICES PRODUCTION (BILLIONS Of KILOWATT HOURS) PRICES OF 3 5 0 INDUSTRIAL STOCKS (DAILY AVERAGE AWARDS- MILLIONS Or DOLLARS) TONS) INDEX- DEC. 31,1931= I O O ) (INDELX, I9Z6 - 100) I60P -FREIGHT. CAR LOADINGS- UTOHGBtfcfcPFte&UGT : (THOUSANDS Of VEHICLES) CRUDE OIL RUNS-TO-STILLS MISCELLANEOUS CAR (MILLIONS OF BARRELS-DAILY AVERAGE) (THOUSANDS -S1ELDSLQE..12Q- CORPORATE BONDS (PERCENT) CARS) 350 300 250 200 f50 100 19572S-39 , COMMERCIAL FAILURES LOADINGS OF CARS) 400 , i , (NUMBER) WEEKLY BUSINESS INDICATORS' [Weekly average, 1923-25=100] 1938 1939 1939 1937 Dec. Nov. Nov. Nov. Nov, Dec. Nov. Dec. Nov. 27 26 Dec. Nov. Nov. Nov. N o v Dec. Nov Dee. Nov. 27 26 25 Business activity:! New York Times §c? Barren'sd 1 Business Week Commodity prices, wholesale: Dept. of Labor, 1926=100: Combined index (813) Farm products (67) Food (122) Allother (624) Fisher's index, 1926=100: Combined index (120) Ccpper, electrolyticJ Cotton, middling, spot Finance—Continued. Banking: Debits, outside N . Y. C . t — Federal Reserve reporting member banks: Loans, total Interest rates: Call loans* Time loans} Currency in circulation J Production: Automobiles Bituminous coal* Cotton consumption^.Electric powerf Lumber Petroleum* Steel ingots© Receipts, primary markets: Cattle and calves Hogs . Cotton Wheat 105.6 105.9 107.2 105.3 93.1 92.9 84.8 85.3 115.0 114.6 115.4 112. 102.1 99.0 82.8 81.2 124.8 124.1 123. 122.0 105.2 105.1 79.0 67.6 72.0 84.4 79.1 67.3 72.3 84.4 79.3 67.8 72.4 84.4 79.3 67.5 72.3 84.4 77.4 09.1 74.3 80.7 84.7 84.0 83.8 83.9 84.0 80.4 89.1 79.7 89.1 89.1 89.1 35.3 38.6 37.5 37.1 92.9 Construction contractst 70.6 80.5 82.0 84.1 Distribution: Carloadings Employment: Detroit, factory.. 97.8 Finance: Failures, commercial 46.9 54.8 64 0 63.8 64.1 Bond yields*... 110.5 Stock pricesj 113. 6 1937 1938 82.0 77. 68.3 73.9 73.1 74.0 80.7 81.5 80.8 83.9 83.9 85.1 80.5 79.7 76.1 33.5 29.8 52.5 107.1 67.7 58.6 64.7 58.0 115.1 97.6 50.9 46.9 54.3 48.2 68.5 73.5 74.2 68.5 107.1 93.6 87.9 105.9 106.1 101.3 113.8 88.5 100.0 97.3 69.3 68.9 1.2 106.6 68.2 68.2 66.5 66.4 75.5 75.8 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 28.6 154.1 153.1 152.3 152. 5 151. 8 140.3 139. 3 135. 6 135.0 95.0 113.6 113.0 108.4 128.2 111. 1 120.8 103.1 96.4 104.8 100.4 84.3| 90.0 81.4 128.1 130.4 130.8 117.6 118.0 94.1 149.0 150.9 150.9 152.3 137.2 131.1 129.2 50.7 54.4 53.3 56.2 46.11 40.4 37.9; 183.3 172.41182.3 168.1 154.8 156.6 162.6 162.1 161.3 160.6 158.9 156.3 102. 5,104.5 48.6 78.3 87.5 3. 3 42.6 52.9 46.0 45.3 163.8 151. 5 192. 198.1 220.0 41.2 27.1 33.5 42.8 18.2 18.3 S7.3 123.9 36.4 164.5 50.9 80.1 70.4 88.7 77.7 CO. 8' 42.7 48.7 39.0 128.8 89.6 93.1 44.8 51.6 30.5 43.0 • Data do not cover calendar weeks in all cases. §Computed normal=100. JDaily average. t ^ eekly average, 1928-30-100. ^Seasonally adjusted. ©Index for week ended Dec. 9, is 159.4. cf For description of these indexes, see p . 4 of the Dec. 16, 1937 issue. WEEKLY BUSINESS STATISTICS • 1939 Dec. 2 Nov. 25 Nov. 18 Nov. 11 1938 Nov. 4 Oct. 28 Dec. 3 Nov. 26 1937 Dec. 4 Nov. 27 1936 Dec. 5 COMMODITY PRICES, WHOLESALE 0.123 0.123 0.123 0.123 0.123 0.123 0.103 0.107 0.105 0.110 Copper, electrolytic, New York __dol. per l b . .102 .101 .105 .096 .100 .096 .126 .081 .081 .091 Cotton, middling, spot, New York.. do.__ 2.39 2.42 2.35 2.43 2.43 2.41 2.44 2.90 2.68 2.69 2.38 Food index (Bradstreet's) do__. 37.42 37.26 37.02 37.44 37.53 34.99 38.86 3S.86 36.37 36.36 37.56 .86 Iron and steel, composite dol. per ton. .86 .85 .87 1.28 .94 .95 .63 .83 .65 Wheat, No. 2 Hard Winter (Kansas City).dol. per b u . Banking: FINANCE Debits, New York City mil. of dol. 3,012 3,004 2,983 2,739 4,123 4,494 3,118 3,201 3,065 2,952 2,608 Debits, outside New York City (140 cities) do... 4,700 4,400 4,100 4,637 4,106 4,613 4,118 4,168 4,097 3,759 4,2S9 Federal Reserve banks: Reserve bank credit, total do,._ 2, 645 2, G05 2,765 2,721 2,715 2,467 2,596 2,603 2,584 2,771 2,587 U. S. Government securities do... 2,593 2,721 2,687 2,649 2,430 2,564 2,564 2,736 2,552 2,564 2, 564 Member bank reserve balnnces do... 11,814 11, 749 11,587 11, 619 6,775 6,949 6,906 11,950 8,818 8,876 11,620 Excess reserves, estimated do... 5,376 5,354 5,166 5,171 2,205 1,138 1,119 5,534 3,353 3,383 5,135 Federal Reserve reporting member banks: Deposits, demand, adjusted do... 18,918 18,972 15,464 14,665 18,556 18,604 14,612 15,916 18,660 18,721 16,013 Deposits, time do... 5,252 5,232 5,249 5,256 5,037 5,273 5,234 5,251 5,250 5,125 5,124 Investments, total § do... 14,475 14,503 14,465 13, 647 11,953 14,207 14,178 14,311 11,940 13,003 13,008 U. S. Government direct o b l a t i o n s do... 8,726 8,713 9,173 8,725 7,966 8,684 7,963 8,628 8,720 8,129 8,106 ObligMions fully guaranteed by U. S. Government mill, of dol. 2,232 2,402 2,401 2,408 1,246 1,120 2,226 2, 250 1,118 1,682 1,682 Loans, total§ do... 8,549 8,617 8,656 8,812 8,521 8,521 9,479 8,479 9,441 8,317 8,303 Commercial, industrial, and agricultural lo&rs§ 4,388 4,362 4,381 mill, of dol. 4,083 4,292 4,310 4,330 4,637 3,866 3,869 1.00 Interest rates, call loans* percent1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.25 Interest rates, time loans! do._ 1.25 1.25 1.25 1.25 1.25 1.25 1.25 1.25 1.25 1.25 Exchange re.tes: French franc* __cents. 2.224 2,212 2.223 4.663 3.398 2.264 2. 621 2.270 3.393 2.201 2.607 Pound sterling* doll-rs. 3.921 4.904 3.922 3,904 4.999 3.992 4.991 3.882 4.005 4.658 4.670 Failures, commercial number. 223 191 169 196 221 221 207 220 191 207 Currency in circulation* mill, of dol 7,398 6,484 6, 554 6,5S7 7,370 7,433 7,404 6,762 7,315 6,811 7,485 Security markets: Bond sales (N. Y. S. E.) thous. of dol. par value. 34,110 34,170 37, 830 39,760 78, 070 36,480 42, 770 27,980 28,200 41,550 36,450 Bond yields (Moody's) (120bonds)} percent 3.68 3.75 3.70 3.69 3.71 3.68 4.28 4.24 3.95 3.77 3.95 Stock sales (Ar. y . S. E.) thous. of shares 2,978 6,530 3,934 4.321 4,624 3,639 11,890 6,474 6,055 7,051 5,040 Stock prices (N. Y. Times) X dol. per share. 109. 03 110.35 109.17 108.29 107.30 111.88 139. 33 85.39 90.87 102.81 103. 97 Stock prices (Standard Statistics) (420) 1926=100. 93.9 94.9 93.5 94.4 97.2 91.7 92.1 75.6 • 122.3 81.1 92.6 Industrials (350) do . 110.3 112.0 109.9 111.2 114.9 110.6 107.6 141.7 86.7 93.5 111.3 87.9 Public utilities (40) do.. 86.8 87.0 87.4 87.5 79.0 86.8 76.3 79.7 111.0 79.2 31.2 32.1 31.4 Railroads (30) ....do... 31.5 33.5 28.6 29.9 28.4 30.8 54.7 28.8 PRODUCTION, CONSTRUCTION, AND Production: DISTRIBUTION Automobile? number. 93,638 86,700 72, 520 82,690 86,200 92,173 84,730 74,955 102,660 97, 795 78,210 Bituminous coal* thous. of short tons. 1,642 1,755 1,710 1,784 1,504 1,3S7 1,556 1,436 1,738 1.7S6 Electric power mill, of kw. hrs. 2,514 2, 482 2,537 2,514 2,065 2,2S6 2,539 2,244 2,153 2,184 Petroleum! thous. of bbl. 3,592 3,818 3,501 3,797 3,426 3, 224 3,499 3.3S7 3,261 3,000 Steel ingots® pet. of capacity. 93.5 93.9 91.0 92.5 31.0 60.7 SO. 2 29.6 61.9 75.9 Construction-contract awards. _ thous. of dol 14, 912 8,433 9,147 17,204 Distribution: Freight-car loadings, total cars. 676,516 771,404 785,961 805,862 834,096 649,086 561,658 620,325 555,762 745,295 Coal and coke... ^ do... 145,691 163,133 166,938 171,597 176,543 151,571 126,759 132,868 128,258 179,733 Forest products ""lido"" 35,612 33,223 35,823 27,861 25,594 28,743 37,529 37,380 24,975 33,733 Grains and grain products do... 36,897 35, 697 37,697 37,413 29,155 35,775 40,232 32, 536 37,530 Livestock do... 15,904 13,779 17, 650 15,154 13,770 16,681 20,410 12,348 17,847 19,839 Merchandise, 1. c. 1... do 142,556 158,028 156,735 159,157 159, 318 152, 737 129,890 154,962 134,536 168,827 Ore _•___ _ ."..do... 23,917 45,635 10,560 9,356 55,876 8,165 62,063 12,337 9,307 56,976 Miscellaneous <lo 281,353 316,195 315,242 323,383 337,971 254,272 224,153 241,507 213,753 300,702 Receipts: Cattle and calves .thousands. 210 247 295 277 327 245 2S0 222 253 307 Hogs. do... 277 294 298 343 613 316 253 277 278 395 Cotton into sight thous. of bales. 394 426 572 501 419 339 515 335 242 592 233 Wheat, at primary markets ...thous. of b u . 2,664 2,157 3,280 3,406 2,025 2,495 3,417 2,426 4,108 4,533 3,506 ®Rate for week ended Dec. 9, is 92.8. |Daily average. •Data do not cover calendar weeks in all cases, §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 1939 1938 Monthly statistics through December 1937, together with explanatory notes and references to the sources of the data, may be found in the Novem- Novem- Decem1938 Supplement to the Survey January ber ber ber COMMODITY PRICES Page 11 Prices received by farmers (U. S. Department of Agriculture): Combined index ..1909-14=100 Chickens and eggs do Cotton and cottonseed do Dairy products do Fruits do Grains do Meat animals do Truck crops • do Miscellaneous do EMPLOYMENT CONDITIONS AND WAGES Pago 38 Trades union members employed: All trades percent of totaL. Building do .. Metal _ do . Printing :. _ do . . - All other._.__. do On full time (alltrades) do...FINANCE Pages 54, 62, 75, 76 Banking: Federal Reserve banks, condition, end of month: Assets (resources), total mil. of dol. _ Reserve bank credit outstanding, total mil. of dol.. Bills bought — do .. Bills discounted do United States securities do Reserves, total do Gold certificates do Liabilities total do Deposits, total do._ Member bank reserve balances, total mil. of dol ~ Excess reserves (estimated) do Federal Reserve notes in circulation mil. of dol._ Reserve ratio... percent.. Monetary statistics: Foreign exchange rates: Argentina dol. per paper peso . Belgium dol. per belga.. Canada dol. per Canadian dol . France . dol. pTr franc _ Germany dol. per reichsmark _ Netherlands dol. per guilder.. Sweden - dol. per krona . United Kingdom. dol. per i n security markets: Stocks: Dividend declarations (N. Y. Times): Total thous. of dol . Industrials and miscellaneous do Railroads .do Prices: Dow-Jones & Co.. Inc. (65 stocks): dol. per s h a r e . Industrials (30 stocks) _ do Public utilities (J5 stocks) do_... Rails (20 stocks) do...New York Tirnos (50wstocks) do ~™T*ifTii5ft*R.'lt! C^I stftr tO Railroads (25 stocks) _ ' iirt .do February March May June July August Septem- October ber 89 83 73 94 93 73 107 105 81 89 89 73 96 80 66 107 101 89 "88 90 71 100 70 64 101 101 100 98 102 76 107 73 83 117 114 98 97 108 74 112 73 77 112 128 94 89 78 84 90 92 88 76 84 90 91 88 75 85 89 92 89 75 86 90 93 89 74 88 90 93 17,172 17,348 17,823 18,602 18,779 2,579 5 2,551 13,874 13,524 17,172 11,701 2,486 1 5 2,488 14,230 13,878 17,318 11,952 2,446 1 5 2,426 14,661 14,321 17,823 12,247 2,879 1 6 2,804 15,013 14,679 18,602 12,953 2,801 0 6 2,736 15,178 14,838 18,779 12,988 10,029 4,218 10,018 4,140 10,507 4,553 10,918 4,758 11,655 5,352 11.973 5,553 4,458 85.1 4,477 85.4 4,511 85.6 4,530 86.3 4,630 86.9 4,720 85.0 4,773 85.5 .312 .168 .996 .026 .401 .531 .241 4.685 .312 .168 .995 .026 .401 .531 .241 4.681 .312 .170 .99Q .026 .401 .536 .241 4.681 .312 .170 .998 .026 .401 .532 .241 4.682 .312 .170 .998 .026 .401 .533 .241 4.681 .311 .170 .995 .026 .399 .535 .240 4.611 0) .170 .913 .023 .395 .532 .238 3.995 .531 .238 4.011 303,839 2S9,412 14,427 186,095 182,522 3.573 154,076 147,635 6,440 377, 394 358,417 18,976 220,175 200,698 19,477 181,033 167,167 13, S66 310,284 296,168 14,116 193,693 191,364 2,334 109,969 192,915 7,053 48.68 144.60 24. 94 30. 31 102. 22 181 SL 23.24 48.99 145. 06 24.84 31.07 100.59 178 HI 23.18 42.68 127.73 22.05 25.75 90.46 161 51 19.41 44.43 132. 56 23.05 27.02 94.19 Ifi7 73 2(1.67 45.66 136.52 23.66 71. 59 96.95 173 12 20:70 46.82 139.26 21.96 2S.29 99.74 178.01 23.74 49.13 146. S7 23.30 31.20 102. 73 1S1 82 23. 61 ••2l."45- 46.47 137.88 25.68 27.67 99.44 178.21 20.68 ' 2, 528 ••509 26 ]09 137 69 591 65 1,018 2t 949 664 35 131 103 67 708 44 1,13S 2,302 515 30 103 129 53 561 33 878 2,297 529 30 99 116 42 577 34 870 2,390 478 29 105 125 42 612 33 967 2,832 360 29 140 159 61 775 58 1,261 2,372 297 19 121 137 49 612 121 1,016 3,149 503 2S 151 202 50 744 209 1. 261 2,549 429 24 118 200 44 583 167 9S3 2,689 476 27 126 170 48 <U5 192 1,034 3,844 740 45 17] 219 90 780 277 1,523 3,375 676 46 152 165 84 640 253 1,358 25,034 14,158 32,698 16,356 20,262 10,969 14,373 8,827 10,216 5,398 13,085 8,473 12,562 8,656 23,333 20,170 17,381 17,042 11,864 12,759 9,880 12,077 22.655 11,584 31,609 13,135 5,226 4,199 5,658 6,221 4,304 5,769 4,461 6,303 4,540 6,673 18,625 12T52S 6,261 13,748 11,113 16,000 11,174 25,525 10,851 44,016 14,423 99,006 30,840 43,924 22,791 38,995 24,495 19,799 16,856 94 131 73 109 71 60 111 102 95 96 127 70 112 73 63 109 108 108 94 97 71 109 76 66 112 96 109 92 91 70 107 78 66 116 108 92 91 88 71 100 81 66 116 114 83 89 87 70 95 82 67 114 102 86 90 85 72 92 85 72 112 110 83 89 75 88 92 92 72 84 68 76 88 89 64 85 67 78 88 89 65 84 65 78 88 89 65 85 66 79 87 90 66 86 68 82 88 91 ' 6T 87 71 83 90 91 "69 88 75 83 90 91 70 18,740 15,293 15,581 15,639 15,862 16,186 16, 766 16,922 2,650 0 8 2,552 15,295 14,976 18,740 12,865 2,584 1 7 2,564 11,970 11,613 15, 293 9,935 2,601 4 2,564 12,106 11,798 15, 681 10,088 2,607 1 5 2,574 12,382 11,948 15,639 10,420 2,598 1 4 2,564 12, 561 12,125 15,862 10,571 2,5S7 1 4 2,564 12,951 12,553 16,186 10,919 2,595 1 3 2,571 13, 476 13,103 16,766 11, 376 2,573 1 4 2,564 13,673 13,326 16,922 11, 535 11,628 5,160 8,876 3,383 8,724 3,205 9,215 3,644 8,936 3,387 9,157 3,559 9,900 4,098 4,862 86.3 4,385 83.6 4,452 83.7 4,339 83.9 4,353 84.2 4,380 84.7 .298 .165 .878 .022 .401 .531 .238 3.925 .314 .169 .992 .026 .400 .543 .243 4.708 .311 .168 .991 .026 .401 .544 .241 4.670 .311 .169 .992 .026 .401 .542 .240 4.669 .312 .169 .995 .026 .401 .536 .241 4.686 659,512 608,149 51,362 509,160 4SG, 396 22, 765 247,569 229,916 17, 653 194,118 181,4S0 12,638 51.01 149. 98 25.68 33. 38 103. 59 " —-192 2^ 21.90 50.32 151. 96 23.35 31.29 105.29 49. 32 150.12 21.94 30.52 105. 36 23. 59 3,040 001 47 142 148 67 616 182 1,235 11,471 12,679 19,110 21,696 14,892 18,252 11,900 12,758 9,512 9,251 » Quotations not available Aug. 28-Oct. 16, 1939. Quotations not available after Sept. 1, and Sept. 3-Nov. 5. IData for December 1938, April, June, and September 1939 are for 5 weeks, other months, 4 weeks. 2 April 97 117 75 117 66 79 107 130 98 TRANSPORTATION AND COMMUNICATIONS Pa^o 85 Class I Steam railways: Freight-carloadinas (A. A. R.):1 Total cars.. thousands.. Coal . ...... do ^ Coke do Forest products do Grains and grain products do Livestock 1 ..do Merchandise .1. c. 1 do Oro -- do Miscellaneous do FOODSTUFFS Pages 106, 108 Grains and grain products (principal markets): Corn: Receipts --thous. of bu _ Shipments .--__ do . Oats: Receipts do_. Wheat: Receipts do.. Shipments.... _. do.. *• Revised. 1939 " ... .. -Q 50.47 150. 72 24.36 31.97 110.38 195. 86 24791- .298 .167 .693 .023 51.80 152.15 25.64 34.27 110.33 194.82 2b. &4 MONTHLY BUSINESS STATISTICS—Continued 1938 Monthly statistics through December 1937, to- 1939 gether with explanatory notes and references to the sources of the data may be found in the October October Novem- Decem- January ber ber 1938 Supplement to the Survey EMPLOYMENT CONDITIONS AND WAGES Pages 39, 44, 47 Labor conditions: National Industrial Conference Board (25 industries): Average weekly hours per worker in factories hours.. Labor turn-over in mfg. establishments: Accession rate..mo. rate per 100 employeesSeparation rate: Total. _. _ -do. Discharge do. Lay-off do. Quit. do- 1939 u " March April May June July August 39.0 36.7 36.6 36.6 36.8 36.9 36.8 36.5 37.2 37.5 37.9 38.2 5.89 5.19 4.24 3.22 4.09 3.06 3.34 2.95 3.29 3.92 4.16 5.06 6.17 2.91 .17 1.81 .93 3.30 .12 2.40 .78 3.14 .10 2.44 .60 3.8S .09 3.21 .58 3.19 .10 2.24 .85 2.61 .10 1.87 .64 3.18 .13 2.23 .82 3.46 .10 2. GO .76 3.48 .13 2.67 3.31 .12 2.46 .73 .12 2.54 .70 3.01 .14 2.05 .82 2.79 .14 1.58 1.07 National Industrial Conference Board (25 Industries): Factory average weekly earnings--dollars.. Factory average hourly earnings do . . . CHEMICALS AND ALLIED PRODUCTS 28.24 .724 26.14 .714 26.32 .714 26.02 .713 29.95 .713 26.11 .713 26.25 .715 26. 27 .717 26.19 .720 26.79 .721 26.04 .721 27.29 .720 27.58 .722 Paint sales: Paints, varnish, lacquer, and fillers: Total thous. of doLClassified, total do Industrial.-. do. Trade.. do. r Unclassified do. ELECTRIC POWER 34,540 24, 995 10,970 14,020 9,544 28,773 20,480 8,481 12,006 8,287 25,280 18, 367 8,397 9,970 0,914 20,515 15,036 7,417 7,619 5,478 24,229 17,828 8,180 9,048 6,401 24,415 17,395 7,982 9,413 7,021 31,555 23,003 9,626 13,377 8,551 32,066 23,830 9,469 14,360 40,138 28,546 9,611 18,935 11,592 26,197 9,781 16,416 10,690 29,472 20, 769 8,199 12,509 8,703 33,087 23,413 9,309 14,104 9,674 30,900 25,515 10,420 11,228 9,955 10,341 10,529 10,651 Production, totalj mil. of kw.-br.. 11,862 10,270 10,303 10,882 9,654 10,567 10,641 By source: 6,176 7,701 7,179 6,743 5,562 0,116 5,828 6,899 6,976 8,724 Fuel __ do 6,760 6,868 4,165 3,527 3,472 3,786 4,393 4,450 3,826 3,742 3,402 Water power do— 3,906 3,543 3,138 By type of producer: Privately and municipally owned public 9,820 9,680 9,321 9,900 9,043 9,846 10,329 utilities ..mil. of kw.-hr— 10,974 9,965 9,660 10,205 9,615 709 655 G34 655 900 804 6G7 fill Other producers do. 676 677 643 METALS AND MANUFACTURES Pages 131, 134, 135 Pig iron and iron manufactures: Castings, malleable: Orders, new .__ .short tons.. 63,835 32, 770 36,643 35,633 35,997 29,183 27,702 29,041 29,892 40,005 33,234 38,105 Production do... 39,615 31,640 30,840 30,781 28,836 40,212 34,786 54,263 29,970 35,351 38,802 35,372 47.9 35.3 37.0 37.8 38.8 47.5 42.9 43.5 46.0 43.0 36.4 66.3 Percent of capacity 39,807 33,666 32,657 32,506 26,109 34,698 36,403 49,807 28,717 35,563 36,434 Shipments short tons. Steel, manufactured products: Barrels and drums, steel, heavy type: Orders, unfilled, end of month number.. 1,138,543 374,454 248,376 519,375 438,746 421,037 351,203 277,719 257,961 208,000 235,772 247,729 Production do^.. 1,549,056 841,653 788,040 830,979 749,070 552,189 709,252 800,292 814,298 833,378 719,055 826,941 52 3 51.9 45.1 52.3 50.1 44.4 35.0 Percent of capacity 51.1 47.5 51.7 49.0 91.0 Shipments number. 1,513,362 865.572 799,078 822,746 746,510 556,069 710, 228 799,404 S12,843 822,658 725,669 825,551 29,010 30,498 31,86V 42,587 33,025 34,407 30,586 Stocks, end of month— ___ do_. 34,717 66, 5S6 36.241 24, C03 32,696 Boilers, steel, new orders: 1,032 890 772 877 765 617 Area __tbous. of sq. ft 817 S92 635 1,131 717 1,089 1,033 1,098 983 834 892 1,264 1,012 Quantity number. 1,175 947 997 1,125 Furniture, steel: Office furniture: Orders: 1,780 1,619 1,782 1,852 1,813 li650 1,737 1,902 1,798 2,136 1,813 New ._. .thous. of dol._ 1,016 952 1,052 1,140 1,132 1,064 1,207 977 958 1,383 1,382 1,308 Unfilled, end of month.. do 1,716 1,886 1,707 1,982 1,707 2,104 1.714 1,775 1,813 1,718 18S7 1,567 Shipments do Shelving: Orders; 499 38* 368 315 335 318 520 420 507 399 404 400 New _ do 402 317 255 362 h27 292 253 205 360 387 358 32S Unfilled, end of month do 449 474 442 342 389 349 318 357 451 447 Shipments do _ • 15,095 •11,445 •11,116 "7,997 '3,118 10,200 '850 64,732 41,427 50.5 39,215 771,714 1,163,465 73.0 1,166,980 1,752 1,380 2,049 1,350 2,007 411 331 408 RUBBER AND RUBBER PRODUCTS Page 149 Pneumatic casings: 5,431 Productionf -thousands.. 5,188 Shipments, totalf do 1,805 Original equipment*.. ___do 3,237 Replacement equipment* _do 146 Exports* _ _do 8,657 Stocks, end of monthf do Inner tubes: 5,073 Production! do 5,012 Shipments, totalf ___do 108 Exports* do 7,717 Stocks, end of montht... do TEXTILE PRODUCTS Page 157 Wool:1 Consumption (scoured basis): Apparel class _ thous. of lb__ 33,984 11,274 Carpet class— _ do Operations, machinery activity (weekly averages) : Looms: Woolen and worsted: 1,782 Broad thous. of active hours.. 95 Narrow— _ _.do 221 Carpet and rug. do Spinning spindles: 81,748 Woolen _ do 105,604 Worsted do 167 Worsted combs_ _ do 4,581 4,163 1,685 2,397 81 8,932 4,344 3,739 1,472 2,156 111 9,573 5,137 4,583 1,747 2,723 113 10,109 4,211 4,356 1,529 2,719 108 9,998 4,418 4,753 1,415 3,239 100 9,919 4,870 5,750 1,370 4,267 113 8,909 4,510 5,056 809 4,162 85 8,300 5,492 4,919 611 4,205 103 8,891 r • 7,924 4,729 4,151 1,707 2,348 99 8,451 4,029 4,138 55 7,665 4,351 3,859 55 8,166 4,093 . 3,936 71 8,069 3,081 3,335 65 8,415 4,470 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 r 4,512 ••5,025 98 '7,846 24,619 8,660 23,512 7,716 29,6SS 9,501 25,941 9,784 22,449 8,776 21,110 9,856 19,567 8,159 20,244 5,852 23,772 6,291 27,489 7,9S4 24,707 9,604 25,006 8,847 1,335 86 167 1,529 89 171 1,759 81 177 1,924 79 186 1,942 78 209 1,580 75 213 1,338 62 198 1,573 69 175 1,791 73 178 1,759 69 155 199 1,649 81 196 66,840 70,205 120 71,110 85,954 146 73,130 82,226 137 60, Oil 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 81,611 144 4,183 4,126 1,287 2,729 109 8,237 3,980 4,101 57 7,746 4,139 4,405 1,777 2,544 84 73,277 73,480 97,019 87,770 149 129 * Revised. *New series. For earlier data on pneumatic casings and Inner tubes see tables 27 and 28, pp. 16-18 of the May 1939 Survey. tRevised series. Data for pneumatic casings and inner tubes revised for 1936, 1937, and ]938; see tables 27 and 28, pp. 16-18 of the May 1939 Survey. iSee footnote marked " J " on p. 40 of the November 1939 Survey. IData for October and December 1938, January, April, July, and October 1939 are for 5 weeks, other months 4 weeks. 5,007 •• 5,621 1,249 r 4,226 146 r 8,364 74,103
@FedFRASER