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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON, D. C, JANUARY 1, 1942 SUMMARY OF BUSINESS TRENDS '"THE usual holiday let-down in industry was little evident last week under the pressing necessities of wartime operation. Steel ingot output was scheduled at 93.4 percent of capacity, off only 4.5 points from the preceding week; whereas a 16 point decline occurred in the like period a year earlier. On the other hand, the restricted automobile industry turned out less than 25.000 units, the smallest number for the holiday period since 1933. In the week ending December 20, electric" power production had touched a new high, crude petroleum output approximated its previous peak of 4.3 million barrels, and cotton consumption continued to be exceptionally heavy. Lumber production was down slightly; while output of bituminous coal was little changed. Freight carloadings again declined seasonally. Price developments since the outbreak of war give evidence of a resumption of the rise which was temporarily halted in some markets through the late autumn. The B. L. S. over-all weekly index stood at 94 on December 20 as compared with 92 on December 6. Farm products again are in the vanguard of the advance, this component of the index having risen from 91 to 96 in the same period. Chemical and textile prices also have been particularly strong. Data now available on factory employment in November reveal the first absolute decline since May 1940, the unadjusted index falling to 134.5 from 135.3 in October. This small reduction was less than the usual seasonal movement, however, and was concentrated in the nondurables. Employment in durable goods industries was further increased as expanding output of war materials more than offset a decrease in the employment of certain civilian durable lines. A number of additional steps have been taken to organize industry for increased production of war material. The Government assumed complete control over imports of thirteen strategic materials, including antimony, chromium, copper, lead, tungsten, and zinc. Moreover, allocation of the entire supplies of burlap, and certain iron and steel alloys was announced. An Executive order by the President also established the Office of Defense Transportation. This agency will attempt to achieve a maximum efficiency in the utilization of existing domestic transport facilities through necessary coordination at the same time, the new rationing plans for rubber pointed to wide changes in the structure of domestic transport over the next several years. SELECTED BUSINESS INDICATORS STEEL INGOT PRODUCTION ELECTRIC POWER PRODUCTION (PERCENT OF CAPACITY) (BILLIONS OF KILOWATT HOURS) FREIGHT-CARLOADINGS (THOUSANDS OF CARS) 120 100 80 60 40 20 J AUTOMOBILE PRODUCTION BITUMINOUS COAL PRODUCTION MISCELLANEOUS CAR LOADINGS (THOUSANDS OF VEHICLES) (DAILY AVERAGE-THOUSANDS OF TONS) (THOUSANDS OF CARS) S <rf^ 2 5 0 193^ 5.0 4.5 CRUDE OIL RUNS-TO- STILLS COMMERCIAL LOANS (.MILLIONS OF BARRELS - DAILY AVERAGE) (BILLIONS OF DOLLARS) F . K A . HOME MORTGAGES (NUMBER SELECTED FOR APPRAISAL ON HOMES TO BE BU1T) tooooi 1941 - ^ 4.0 3.5 3.0 2.5 100 1 I , , ! . t WEEKLY WHOLESALE PRICE INDEX, A L L COMMODITIES (1926* 100) 95 FACTORY EMPLOYMENT AND PAYROLLS (1923-E5-100) 180 90 140 85 120 80 V 100 75 70 MONTHiy DATA 160 (UNADJUSTED) EMPLOYMENT ^ (ADJUSTED) ^ * > _ _ ^ ^ ^ - ^ ^ 80 1 1938 433530—42 . . I . . I 1939 . t i . , l . , ) . , 1940 l , , t , , 1941 I..I., 60 1938 1939 1940 1941 WEEKLY BUSINESS INDICATORS* f Weekly average, 1935-39*. 100, except as indicated; data beginning January 1939 for most of the series on a 1935-^39 base and for the New York Times revised index of business activity, also data beginning September 1939 for the price index of 28 basic commodities, are shown in table 32, pp. 24-26 of the November 1941 SURVEY] 1941 1941 1939 1940 ITEM Dec. Dec. Dec. Dec. Nov. Dec. Dec, Dec. Dec, 27 20 13 6 29 28 21 30 23 Business activity: 1 New York TimesJ Barron's, 1923-25=100 Business "WeekA, 1923-25=100. Commodity prices, wholesale: Dept. of Labor: Combined index, 1926=100. Farm products.... Food Allother 28 basic commodities© Fisher's index, 1926=100: .. Combined index Copper, electrolytic! Cotton, average, 10 markets.— Construction contracts t Distribution: Carloadings Department store sales Employment, Detroit, factory, 1923-25=100 133.5 133.3 132.7 133.4 121.1 121. 0113.1.4 112.0 139.0 139.3 139.1 141. 7 125.4 126.4 122.5 119.9 163.9 164.2 163.9 164.5 141.8 141.4 125.5 125.6 94.0 93.1 92.2 92.3 79.9 96.0 92.8 90.8 91.1 69.9 91.6 90.4 88.7 89.2 73.1 93.8 g3.7 93.7 84.5 158.8 158.5 159.8 156.7 155.0 117,8 79.7 69.1 73.4 84.4 117.2 79.4 68.5 71.9 84.4 124.5 79.3 67.8 72.1 84.3 124.8 101.1 100.9 100.1 9.2 99.0 85.2 84.9 86.2 85.9 112.9 112.9 112.9 112.9 112.9 112.9 112.9 117.7 117.7 160.3 158.4 157.3 157.1 151.7 90.6 90.3 100.1 98.9 276.1 148.3 307.5 90.1 282.0 122.5 123.8 127.8 132.8 83.6107.0 84.0 99.9 79 242 277 236 215 169 124 258 112.0 119.7121.9 112.1 1939 1940 Dec. Dec. Dec. Dec. Nov. Dec. Dec. Dec. Dec. 27 20 13 6 29 28 21 30 23 Finance: Bond yields* Stock prices*. Banking: Debits, outside N . Y. C . t — Federal Reserve reporting member banks: Loans, total —_-_. Currency in circulation! Failures, commercial, 1939=100. Production: Automobiles Bituminous coalj Cotton manufacturing f^ Electric power Petroleuml ___ Steeie ...... Eeceipts, primary markets: Cotton Wheat 83.5 83.2 82.7 83.0 90.6 91.1 70.2 72.1 73.0 76.3 75.8 85.6 85.9 100.8 100.2 173.8 181.2 140.5 195.3 157.3 144.1 142.8 132.7 133.8 133.6 133.4 132.6 131.4 131.5 109.2 109.0 102.2 104.3 176.7 174.2 171.2 169.1 167.0 138.5 137.9 120.5 121.2 56.9 76.7 81.3 74.9 71.7 67.1 90.1 67.1 88.0 31.9 85.4 124.4 119.5 121.2 110.8 168.9 115.8 152.5 138.0 139.9 139.6 150.7 122.5 127.5,128.7,119.0 157.4 155.6 164.4. 161 ^..3.144.5! - 161. .1158.2.154. 6 129.4 143.3 115.71127.3 1.8 129.8 129. 106.9! 114.4 112.0't122.2 136. 129.8 136.3 129.8|l29.1 172.9 181. 2 180.5 180.6 177, 5 141.. 3 169.3129.6 158.2 109.9 119.3 198.7 142. 143.3 115.9 142.5 92.7 95.2 101.4i 92.01 83.7 31.0i 35.3, 44.2 61.5 • D a t a do n o t cover calendar weeks in all cases. ^Seasonally adjusted. §Computednormal=100. A R e v i s e d beginning J a n . 4,1941; revisions n o t shown in t h e \V<eekly " " Supplement beginning with the N o v . 6,1941, issue are available u p o n request. iC1 © T h u r s d a y prices; August 1939=100. " - adjusted index compiled b y the N . Y . Cotton Exchange. fSeasonalley JDaily average. ® Index for week ended J a n . 3 is 177.9. WEEKLY BUSINESS STATISTICS • 1941 Dec. 27 Dec. 20 Dec. 13 0.118 .174 3.42 38.15 1.21 0.118 .172 0.118 .171 3.37 38.15 1.21 4,365 7,276 5,444 7,590 2,499 2,243 12,447 3,056 1940 Dec. 6 1938 1939 Nov. 29 Dec. 28 Dec. 21 Dec. 30 Dec. 23 Dec. 31 0.118 .171 3.33 38.15 1.17 0.118 .165 3.34 38.15 1.14 0.118 0.118 .098 2.48 38.32 .82 0.123 .109 2.33 37.10 1.01 0.123 .108 2.34 37.10 1.04 0.110 0.110 2.48 38.43 2.35 36.36 .71 2.34 36.37 4,060 4,385 6,665 3,636 5,530 4,167 5,031 4,897 5,982 3,832 4,629 4,449 5,604 3,379 3,937 5,214 5,494 2,433 2,240 12,497 3,085 2,286 2,196 13,219 3,842 2,289 2,184 13,178 2,284 2,184 13,126 3,799 2,336 2,184 13,837 6,433 2,306 2,184 13,804 6,395 2,568 2,489 11,493 5,046 2,645 2,496 11,378 4,900 2,610 2,564 8,577 3,072 2,656 2,564 8,472 2,979 23,994 5,347 18,851 12,213 24,060 5,374 18,877 12,266 24,682 5,404 18,534 11,932 24,324 5,390 18.432 11,860 24,452 5,428 18,427 11,814 22,382 5,419 16,250 22,279 5,405 16,191 18,720 5,274 14,502 8,748 18,923 5,255 14,533 8,762 15,986 5,160 13,219 8,266 16,025 5,141 2,960 11,442 6,792 1.00 1.25 11,212 a 4,035 161 2,953 11,429 6,769 1.00 1.25 11,056 •4.035 2,951 11,357 6,675 1.00 1.25 10,861 •4.035 2,921 11,266 6,602 1.00 1.25 10,597 •4.035 203 2,740 9,354 5,011 1.00 1.25 8,788 • 4.035 190 2,734 9,341 5,001 1.00 1.25 8,749 •4.035 255 2,414 8,758 4,400 1.00 1.25 7,644 3.950 190 2,404 8,932 4,406 1.00 1.25 7,691 3.947 249 1,732 8,430 3,843 4.656 1,718 8,473 3,857 1.00 1.25 6,952 4.666 230 2,922 11,259 6,593 1.00 1.25 10,729 •4.035 212 39,670 3.38 6,825 75.96 69.3 71.6 61.9 58.7 41,600 3.37 6,771 78.03 71.0 73.1 64.8 58.9 62,030 3.35 9,820 78.98 70.9 72.7 66.3 68.6 45,660 3.27 5,733 82.55 76.9 78.5 72.6 67.4 38,750 3.27 4,636 82.04 76.6 77.9 73.7 67.4 40,740 3.36 4,654 92.67 84.0 84.1 90.0 68.4 52,240 3.36 4,188 92.99 84.3 84.3 90.0 69.0 43,350 3.67 4,742 109.15 96.4 97.0 101.0 76.4 43,890 3.69 4,174 108.44 96.9 97.6 101.0 77.7 50,970 3.93 7,537 106.94 97.8 100.5 90.5 79.8 52,060 3.95 5.9S0 104.65 96.2 99.1 89.8 74.8 24,620 65,875 1,792 3,449 4,314 97.9 95,990 1,817 3,431 4,110 97.5 92,205 1,813 3,369 4,108 97.6 93,495 1,958 3,293 4,087 95.9 25,961 85,495 1,591 2,757 13,944 130,370 1,656 3,052 3,621 96.8 28,910 89,365 1,672 2,465 3,545 73.7 8,470 117,705 1,546 2,712 3,868 90.0 26,517 75,215 1,622 2,175 3,204 38.8 20,359 92,890 1,435 2,425 3,450 51.7 13,218 798,697 170,260 43,135 41,423 14,528 150,038 13,638 365,675 807,225 42,377 41,533 13,841 152, 741 16,173 371,621 833,375 163,632 41,005 42,754 14,631 156,420 36,087 378,846 177,680 44,447 40,902 14,647 152,503 47,396 388,614 545,307 125,337 24,181 21,983 8,682 120,346 10,684 234,094 697,755 161,266 37,454 27,933 12,032 148,953 13,046 297,071 548,064 139,945 19,707 26,440 9,959 117,347 8,291 226,375 651,392 150,819 31,711 32,702 11,416 144,518 11,811 268,415 499,455 137,947 17,960 25,892 10,374 115,082 6,995 185,205 574,198 140,126 27,614 30,725 11,997 140,909 9,001 213,826 257 454 240 337 256 5,536 266 409 278 5,024 252 386 463 4,570 119 243 187 407 334 1,929 270 2,412 332 2,813 90 1,879 133 3,519 Dec. 24 COMMODITY PRICES, WHOLESALE Copper, electrolytic, New York*. dol. per lb._ Cotton, middling, m*", average, 10 markets^ do.... Food index (Dun & Bradstreef).— do Iron and steel, composite dol. per ton.. Wheat, No. 2, Hard Winter (Kansas City) .dol. per b u ~ FINANCE Banking: Debits, New York City mil. of d o l Debits, outside New York City (140 cities) do Federal Reserve banks: Federal Reserve bank credit, total. do U. S. Government securitiesdo 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 Commerc'l, indust'l, and agricult'l loans §—do Interest rates, call loans X percent— Interest rates, time loans J do Currency in circulation X mil. of dol— Exchange rates: Pound sterling t -dollarsFailures, commercial numberSecurity markets: Bond sales (iV. Y. S. E.) thous. of dol. par value.. Bond yields (Moody's) (120bonds)$ percentStock sales (N. Y. S. E.) thous. of sharesStock prices (N. Y. Times)X —. dol. per s h a r e Stock prices (Stand, and Poofs) (402) T--1935-39=100Industrials (354) : __ -do.— Public utilities (28) .do.... Railroads (20) _ _._.do. PRODUCTION, CONSTRUCTION, AND DISTRIBUTION Production: Automobiles (Ward's)__ _ number.. Bituminous coalj. thous. of short tons— Electric powerA -mil. of kw.-hr— Petroleum* _ thous. of bbl— Steel© .'_ .._ pet. of capacity— Construction contract awards* -thous. of dol— Distribution: Freight carloadings, total.— _ cars— Coal and coke _ do Forest products _ ___ do Grams and grain products _ do Livestock.. _ ..do Merchandise, 1. c. 1 do" — Ore— do Miscellaneous do_ Beceipts: Cattle and calvest _ _.thousands.. Hogst... ..do Cotton into sights 1 thous. of bales Wheat, at primary markets thous. of b u - 5,060 38.15 1.22 217 1,693 1.00 1.25 8,333 * Daily average. • Data do not cover calendar weeks in all cases. «• Free rate. ^Temporarily discontinued by compiling agency. J Revised series. See table 32, pp. 24-26 of the Nov. 1941 SURVEY for stock prices beginning Jan. 1939 and cotton prices beginning Aug. 1939. § Data for 1938 not strictly comparable with data for later years; see note on corresponding data shown on p. 51 of the 1940 Supplement. © R a t e for week ended Jan. 3 is 96.1; data beginning with July 1941 are based on estimated capacity June 30,1941 (see note marked with " 0 " in the Nov. 20,1941 issue). t Receipts at Buffalo and Cincinnati are now included and receipts at Oklahoma City and Wichita, formerly included, are omitted. A Data revised beginning in the June 19,1941, issue to include certain additional governmental and industrial power generation not previously reported. MONTHLY BUSINESS STATISTICS Earlier data are available in monthly issues of the Survey and the 1940 Supplement BUSINESS INDEXES Income payments:! Indexes, adjusted: Total income payments 1935-39=100,. Salaries and wages do Total nonagricultural income do Total. mil. ofdol.. Salaries and wages, total do Commodity-producing industries do Distributive industries do Service industries _ do— Government do Work-relief wages,.. do Direct and other relief do Soc.-sec. benefits and other lab. inc do Dividends and interest._ do Entr'l inc. and net rents and royal's.__do Total nonagricultural income do Cash income from farm marketings: Crops and livestock, combined index: Unadjusted-1924-29= 100,. Adjusted.-_ Crops Livestock and products. Dairy products Meat animals. Poultry and eggs ._. _ do, do. do. do do do 1941 1940 1941 Novem- Novem- Sepber tember October ber v 142.9 149.1 139.4 7,871 5,374 *>2,427 1,128 949 116.6 121.1 117.2 6,362 1,731 *6,875 1,750 996 903 616 121 90 145 429 1,312 5,702 v 140.5 p 113.5 » 103.5 P 123.0 * 131.5 p 122.5 p 106.5 96.5 79.5 66.5 91.5 99.5 91.0 74.5 *147 J>530 139.1 145.6 136.5 8,064 5,255 2,400 1,114 947 715 79 89 147 898 1,675 7,097 144.5 110.0 99.0 120.0 122.5 129.0 88.5 ' 140.7 ' 147. 3 37.9 ' 8, 255 ' 5,374 ' 2, 451 ' 1,119 947 ••776 '81 'SO 146 '833 1,812 ' 7,155 ' 161.0 •"111. 5 ' 101.5 ••121.0 124.5 ' 128. 0 92.0 CONSTRUCTION AND REAL ESTATE Value of contracts awarded (F. R. indeies): 162 Total, unadjusted.... 1923-25=100.. »122 105 ' 84 83 Residential, unadjusted ..do... 161 111 '145 Total, adjusted do... 105 87 '87 Residential, adjusted ..do... F. W. Dodge Corporation (37 States); Total projects number.. 29,150 31,528 41,497 40,920 Total valuation thous. of dol.. 458,620 380,347 623,292 606,349 Building, total do.... 309,404 301,205 394,001 441,325 Number of new dwelling units provided and permit valuation of building construction (based on bldg. permits), U. S. Dept. of Labor indexes: § Number of new dwelling units 244.5 178.3 198.8 provided 1935-39=100. 171.5 Permit valuation: 136.6 156.0 148.4 103.9 Total building construction do 1S0.3 219.8 152.8 147.2 New residential buildings do 89.7 104.1 168.7 66.0 New nonresidential buildings do 130.9 112.6 84.9 83.6 Additions, alterations, and repairs do Construction cost indexes: Federal Home Loan Bank Board: Standard 0-room frame house: 118.5 116.5 119.0 106.4 Combined index _ 1936=100. 116.0 114.4 116.8 104.6 Materials... do... 120.7 123.5 123.3 109.8 Labor _ do... Earlier data are available in monthly issues of the Survey and the 1940 Supplement 1941 1940 STovem ber Novem- Sep;ember ber EMPLOYMENT AND WAGES—Con. Employment—Continued. Manufacturing, unadjusted—Continued. Nondurable goods—Continued. 87.0 Leather and its manufactures. 1923-25=100.. 97.0 84.1 Boots and shoes __ do.... 92.5 118.2 Paper and printing _ d o . - . . 126.8 115.7 Paper and pulp do 128.5 94.4 Rubber products..— --do 111. 8 75.2 Rubber tires and inner tubes ..do 86.9 105.5 Textiles and their products! ---do 113.3 98.7 Fabrics! do 106.0 116.2 Wearing apparel do 124.9 66.8 Tobacco manufactures... do 68.1 114.2 Manufacturing, adjusted (Fed. Res.)f__.do 134.1 114.6 Durable goodsf do 143.2 118.9 Iron and steel, etc., not incl. m c h y . . . d o 138.7 127 Blast fur., steel wks., and roll, mills.do 148 109 Hardware do 113 86 * Struc'l and ornam'l metal work do 107 103 Tin cans and other tinware do 142 73.6 Lumber and allied products do 77.2 93 Furniture _. do 103 66 Lumber, sawmills _ do 67 130.9 Machinery, excl. transp. equipment, -do 180.6 140 Agric'l implements (incl. tractors).-do.... 171 120 Electrical machinery, etc do 168 211 Engines, turbines, etc do 359 110 Foundry and machine-shop prod...do 149 265 Machine tools* —do 365 142 Radios and phonographs do 195 126.3 Metals, nonferrous, and products do 141.3 162 Brass, bronze, and copper products.do 188 88.4 Stone, clay, and glass products do 101.2 65 Brick, tile, and terra cotta .do 76 117 Glass -do 134 143.9 Transportation equipment!— ..do 205.8 ,447 Aircraft*. d o . . . . 9,741 127 Automobiles.. d o . . . . 124 204 Shipbuilding*... d o . . . . 524 113.8 Nondurable goods!.. do 125.4 123.9 Chemical, petroleum, and coal prod, -do 145.9 147 Chemicals . d o . . . . 182 127 Paints and varnishes _ .-do 144 120 Petroleum refining. ...do 128 311 Rayon and allied products do 319 132.4 Food and kindred products do 146.3 144 Baking . do 153 114 Slaughtering and meat packing do 127 93.8 Leather and its manufactures.. -do 104.5 92 Boots and shoes.. do 102 116.8 Paper and printing .do___. 124.9 116 Paper and p u l p . -do 129 93.6 Rubber products do 110.6 75 Rubber tires and inner tubes do 87 105.3 Textiles and their products!-do 113.2 97.7 Fabrics! _ d o . . . . 104.9 118.0 Wearing apparel -do 126.9 63.4 Tobacco manufactures -do 64.8 Nonmfg., unadj. (U. S. Dept. of Labor): Mining: 50.4 Anthracite1929=100.. 50.2 89.8 Bituminous coal _ -do 95.5 72.5 Metalliferous -do 79.3 61.3 Crude petroleum producing -do 61.0 47.2 Quarrying and nonmetallic -do 52.8 Public utilities: 91.8 Electric light and power! -do 93.5 68.7 Street railways and busses! -do 70.4 79.2 Telephone and telegraph! do— 90.0 Services: 106.0 Dyeing and cleaning do 117.2 99.7 Laundries.. .--d o . . . - 109.0 92.3 " Year-round hoteIs.".r:L_..„-."-:...V..do.... 96.3 Trade: 96.3 Retail, t o t a l ! _ d o . . . . 102.9 111.4 General merchandising!. do 124.5 91.8 Wholesale — .....do 96.6 Pay rolls (U. S. Department of Labor): 116.4 Manufacturing, unadjusted! 1923-25=100.. 165.5 125.1 Durable goods!—do 190.9 Iron and steel and their products, not in125.8 cluding machinery ..1923-25=100.. 171.3 134.6 Blast fur., steel wks., and roll, mills.do 181.1 122.3 Hardware do 149.8 78.7 Struc'l and ornam'l metal work do 115.8 104.1 Tin cans and other tinware do 178.5 70.9 Lumber and allied products do 86.3 90.4 Furniture -do 118.2 60.9 Lumber, sawmills do 70.5 149.3 Machinery, excl. transp. equip do 254.6 160.4 Agric'l implements (mcl. tractors).-do 220.9 145.0 Electrical machinery, e t c . . . -do 243.1 274.8 Engines, turbines, e t c . . . do 653.5 114.6 Foundry and machine shop p r o d s . - - d o — 192.0 355.4 Machine tools* -.do 594.6 155.7 Radios and phonographs -do 267.4 141.7 Metals, nonferrous, and products do 179.1 201.9 Brass, bronze, and copper products, do 252.3 '82.1 Stone, clay, and glass products. do 106.1 54.0 Brick, tile, and terra cotta. do.... 72.9 130.8 Glass . d o . . . . 169.5 ' 166.0 Transportation equipment!do 294. Aircraft*. _ d o . . . . 13,151.7 5,012.9 150.5 Automobiles do 1S5.5 237.8 Shipbuilding* do... 820.6 1941 98.9 95.2 ' 124.9 128.4 111.5 86.5 115.5 106.3 131.2 '63.9 132.4 141.3 139.7 149 116 106 132 77.4 104 68 177.7 181 168 321 147 355 183 146.4 195 98.7 74 130 195.0 836 127 437 123.8 144.6 179 145 127 324 138.6 151 125 98.0 94 124.3 128 111.6 87 114.7 107.2 126.6 61.9 'ctober '98.4 '94.7 126.5 ' 128.2 f 111.8 '86.2 ' 114.7 ' 106.2 ' 129.1 67.3 ' 132.7 ' 142.3 ' 138.2 148 '115 '107 '127 '76.3 '101 67 ' 179.3 '180 '168 '347 148 360 '179 ' 143.1 191 '98.8 '73 '131 '204.2 9,459 '129 '487 ' 123.6 '145.4 180 144 '129 '323 '140.7 152 126 '99.6 96 124.9 128 ' 110.2 86 ' 112.7 105.2 '124.7 64.1 EMPLOYMENT AND WAGES Employment: Employment estimates, (U. S. Dept. of Labor): Civil nonagri. empl., total* thousands.. 40,693 37,528 40,715 M0,776 50.3 50.0 Employment in nonagri. estab., total-do 34,550 31,385 34, 572 ' 34,633 95.0 94.2 Manufacturing _ do. 12,728 10,994 12,782 ' 12, 798 r 79.4 79.4 906 '915 853 Mining. do. 911 61.3 ' 6 1 . 8 Construction.. do. 1,970 1,709 1,936 ' 1,960 53.8 '54.2 Transportation and public utilities.do 3,307 3,065 3,367 ' 3,365 7,131 6,795 7,008 '7,070 Trade.. _ do ' 94.9 4,231 4,088 4,325 '4,256 Financial, service, and misc do 70.1 '70.3 4,272 3,881 4,248 '4,269 Government. _ ...do 90.6 '90.3 2,014 822 1,992 Military and naval forces* do 2,071 Manufacturing, unadjusted (U. S. Dept of La121.0 ' 121.5 bor)t 1923-25=100.. 134.5 114.7 r 135. 2 ' 135.3 110.9 '113.0 i-144. 0 115.5 ' 142. 1 144.2 Durable goodst do 95.6 '95.7 "Iron and steel, etc., not Incl. mehy d o . . . . 139.1 119. 3 140/5 ' 139.5 '147.9 127.3 148.1 Blast fur., steel wks., and roll, tnills.do 148.9 100.9 '100.0 '115.2 109.0 ' 116. 0 113.0 Hardware do 115.6 '111.7 ' 109.5 86.5 107.1 Struc'l and ornam'l metal work do. 109.3 . 96.6 '95.6 ' 130.1 100.2 138.7 Tin cans and other tinware do. 145.0 '79.7 74.4 78.2 Lumber and allied products - do. '80.4 ' 166.6 ' 162.6 '107.4 97.0 ' 107. 6 108.1 Furniture. do. '183.2 ' 191.1 '69.4 66.1 67.0 Lumber, sawmills do__— 70.4 ' 180.1 180.8 131.2 r 178.6 Machinery, excl. transp. equip do ' 173.0 ' 170.5 166.3 136.6 170.7 '169.9 Agric'l implements (incl. tractors)..do. ' 181.0 ' 178.4 169.2 120.6 168.7 '169.0 Electrical machinery, etc do '151.5 ' 148.7 '338.8 ' 341.1 200.5 r 324.3 Engines, turbines, etc. ! do. ' 126.9 '123.2 '147.8 148.8 110.1 Foundry and machine-shop prod.,.do. 147.0 ' 156.6 187.6 * 361.5 265.9 367.3 Machine tools* do. r 356.8 '92.3 ' 9 0 . 8 '217.9 159.4 218.1 Radios and phonographs.. do '120.4 '118.0 '147.4 145.2 129.9 ' 212.5 Metals, nonferrous, and products do 146.5 '78.3 ' 7 7 . 5 188.4 162.4 ••193.5 ' 192.6 Brass, bronze, and copper products, do ' 255. 6 '248.2 '101.9 88.6 101.8 Stone, clay, and glass productsdo 101.8 ' 2 31.6 230.7 64.8 '77.5 76.4 Brick, tile, and terra cotta... do. 79.1 ' 244.9 241.4 ' 132.3 Glass do. _ 133.9 117.0 130.3 ' 6 14.3 ' 571.8 '145.8 '202.9 207.2 Transportation equipment!do ' 190. 6 '9,174.8 '194.7 187.8 9,643.7 4,402.3 ^8,515.7 Aircraft* _ -do ' 5 93.8 ' 578.2 129.8 '128.8 127.0 Automobiles do. 123.4 ' 261.8 254.4 ' 492.0 523.8 204.1 439.6 Shipbuilding* _do ' 185.1 '185.8 125.2 113.8 128.7 ' 127.1 Nondurable goods! do '264.7 '270.8 147.3 125.3 -146.4 ' 148.1 Chemical, petroleum, and coal prod.-do ' 109.3 '105.4 183.3 148.0 '181.9 '182.5 Chemicals _ -do, '75.7 76.2 ' 144.0 142.6 125.9 Paints and varnishes. do. 143.9 ' 173.7 '160.5 '129.2 128.5 120.7 Petroleum refining do 128.5 ' 281.4 ' 2 5 2 . 1 314.5 '325.0 322.3 Rayon and allied products do •11,145.8 12.301.6 ' 152.4 145.2 132.6 327.0 Food and kindred products do 162.7 '176.4 ' 153.1 145.5 '154.5 154.1 Baking do. 153.5 '797.7 700.1 129.2 116.2 123.6 '125.9 Slaughtering and meat packing do $ Data revised beginning September 1929. Earlier data will be shownjn a subsequent issue. p Preliminary. 'Revised. *1^QW series. See note on corresponding item in the December 1941 SUE VET. tRevised series. See note on corresponding item in the December 1941 SUBVEY. MONTHLY BUSINESS STATISTICS—Continued Earlier data are available in monthly issues of the Survey and the 1940 Supplement 1941 1940 1941 Novem Novem Sepber ber tember October Earlier data are available in monthly issues of the Survey and the 1940 Supplement 1941 EMPLOYMENT AND WAGES—Con. FOODSTUFFS AND TOBACCO—Con. Pay rolls (U. S. Dept. of Labor)—Con. Dairy products, production*. Manufacturing, unadjusted—Con. Butter, creamery (factory) thous. of Ib— 115,160 Nondurable goodsf 1923-25=100.. 137.1 106.6 139.5 ' 139.2 67,650 Cheese, total (factory) _ do Chemicals, petroleum, and coal products Condensed and evaporated milk, case goods: 190.7 1923-25=100.. 193.4 139.4 '186.7 8,126 Condensed, sweetened thous. of lb_. Chemicals . do,... 265.2 181.7 '250.1 ' 249.4 258,203 Evaporated, unsweetened do ' 173.7 Paints and varnishes do.__. 170.0 135.7 production (inspected slaughter): 166.1 133.3 166.4 r 168.0 Meats, Petroleum refining do Total meats mil. of lb~ 1,394 384.8 331.4 374.3 Rayon and allied products. do Beef and veal.. thous. of lb— 535,884 Food and kindred products ___do.-.. 156.5 128.8 170.1 '386.4 r 162. 9 Lamb and mutton do 57,244 159.6 138.3 157.4 ' 157.6 Baking ...do... Pork (including lard): Slaughtering and meat packing do,... 152.5 118.9 146.1 ' 151.0 800.819 Total thous. oflb_. 97.3 101.6 68.5 Leather and its manufactures do..., 100.5 141,579 Lard do 88.6 95.3 Boots and shoes do 62.5 '93.3 manufactured products: 137.7 Paper and printing.. . do... 115.4 133.3 '135.9 Tobacco, Consumption (tax-paid withdrawals): 166.7 123.8 163.0 ' 165.2 Paper and pulp do Small cigarettes.. millions.. 17,141 140.9 102.0 134.2 ' 138.3 Rubber products do... Large cigars thousands.. 542,906 Rubber tires and inner tubes ..do.... 117.6 89.7 107. 3 Mfd. tobacco and snuff thous. of lb.. 27,376 118.3 '92.2 123.4 '112.3 Textiles and then- productsf .....do... 122.3 119.1 '90.8 118.0 METALS AND MANUFACTURES Fabrics! do... ' 120.1 Wearing apparel, _do___, 109.6 '89.4 126.4 ' 119.2 Iron ore, Lake Superior district: 77.1 70.4 66.4 Tobacco manufactures _ do '75.6 Consumption by furnaces..thous. of long tons._ 6,501 Nonmanufacturing, unadjusted: 7,607 Shipments from upper lake ports do Mining: 45,535 Stocks, end of month, total.. do 49.2 49.6 41.8 37.6 Anthracite 1929=100. iron and iron manufactures: 122.6 Pig 84.5 115.5 Bituminous coal ..do—.. 116.5 Boilers and radiators, cast-iron: 88.4 90.3 85.9 Metalliferous ...do.... 69.8 Boilers, round: 62.5 63.0 " Crude petroleum producing .do 66.8 "64.4 Production thous. of lb,. 3,133 57.5 60.8 60.6 Quarrying and nonmetallic ...do 42.3 Shipments do 1,922 Public utiiities: Stocks, end of month . do 11,168 116.0 114.5 106.9 115.0 Electric light and power t do Boilers, square: 78.1 78.1 70.3 78.6 Street railways and busses t do 21,104 Production _ do 117.6 116.0 103.2 117.3 Telephone and telegraph t do... 24,502 Shipments _..do Services: 93,669 Stocks, end of month ._ do 98.4 92.8 Dyeing and cleaning do... 77.8 ' 9 9 . 5 Radiators, ordinary type: 103.2 105.2 101.9 Laundries _ do... 87.2 Production thous. of sq. ft. heating surface.. 5,787 92.0 83.6 ••90.0 93.8 Year-round hotels do... Shipments do.__. 7,605 Trade: 18,271 Stocks, end of month _ do 98.1 97.5 95.8 87.1 Retail, total t do.... Boilers, range, galvanized: 110.3 116.8 97.5 106.6 General merchandising f--do 52,605 Orders, new, net number of boilers.. 92.0 92.2 Wholesale.-_ do. 80.7 ' 9 0 . 9 93,966 Orders, unfilled, end of month do 58,810 Production-— ...do Banking: FINANCE 60,248 Shipments. d o . . . . Installment loans to consumers: * 16,411 Stocks, end of month .do By credit unions: products, production for sale:f 25.2 Steel Loans made mil. of dol.. 24.0 25.1 Total. .thous. of short tons.. 4,909 Amount outstanding, end of month..do 217.7 »214.2 185.8 220.5 456 Merchant bars do By industrial banking companies: 415 Pipe and tube .. _ .do Loans made do 38.4 *41.1 r 43.0 43.7 £64 Plates _ _.do.._. Amount outstanding, end of month..do '303.0 300.0 283.7 305.1 122.8 Percent of capacity By personal finance companies: 135 Rails. ^ thous. of short tons.. Loans made _ do 76.3 77.4 68.5 945 Sheets, total ...do.... 527.0 Amount outstanding, end of month..do 530.0 »527.3 487.1 87.5 Percent of capacity Savings deposits, savings banks in N. Y. State: StripAmount due depositors,..mil. of doL. 5,541 5,639 5,555 5,554 101 Cold rolled. .-._...thous. of short tons.. Commercial failures: f 140 Hot rolled do.... Grand total. __ ..number.. 1,024 842 735 381 Structural shapes, heavy do Commercial service, total do 29 40 38 46 323 Tin plate do,... Construction, total do 57 53 51 39 396 Wire and wire products do Manufacturing and mining, total. do..__ 138 196 167 123 Retail trade, total do 516 Electrical equipment: 646 529 460 Domestic appliances, sales billed: Wholesale trade, total do 69 57 89 67 Ironers, household .units.. 10,352 Liabilities, grand total thous. of dol.. 9,197 16,572 7,333 103,288 \Vfishers, household ...do Commercial service, total _do 358 448 447 110,618 Vacuum cleaners,floortype do Construction, total do 577 618 594 20,367 Vacuum cleaners, hand type... ..do Manufacturing and mining, total do 2,879 3,827 9,090 4,189 Retail trade, total.... , do— 2,790 STONE, CLAY, AND GLASS PRODUCTS 3,472 4,699 3,239 Wholesale trade, total ._ .do... 729 Glass containers: 832 1,349 924 CHEMICALS AND ALLIED PRODUCTS Production thous. of gross.. 6,179 5,281 Shipments, total do Alcohol, denatured: 8,711 Stocks, end of month do Consumption thous. of wine gaL. 16,977 13,540 17,100 18,302 Production do 16,965 13,154 16,908 18,185 TEXTILE PRODUCTS Stocks, end of month do— 724 1,586 740 Finished cotton cloth, production: 861 Alcohol, ethyl: Bleached, plain thous. of yd.. 170,132 Production thous. of proof gal__ 37,541 23,347 35,757 131,727 Dyed, colors do Stocks, warehoused, end of month do 8,038 10,018 6,491 7,143 Dyed, black do.... 6,042 Withdrawn for denaturing do 30,371 23,140 30,433 32,604 Printeddo...78,572 Withdrawn, tax-paid «. do 2,505 2,959 3,435 2,555 Pyroxylin-eoated textiles (cotton fabrics): ELECTRIC POWER Orders, unfilled, end of mo...thous. linear yd.. 8,189 Pyroxylin spread. thous. of lb.. 6,523 Electric power, production, totaL.mil. of kw.-hr__ 14,478 12,765 14,348 '15,236 Shipments, billed thous. linear yd— 6,973 By source: Fuel do 10,391 8.731 10,351 11,034 TRANSPORTATION EQUIPMENT Water power do 4,087 4,034 3,997 '4,202 Automobile production: By type of producer: Canada, total.. number.. 21,545 Privately and municipally owned electric Passenger cars d o — 7,003 utilities mil. of kw.-hr_. 13,050 11,462 12,874 13,678 352,347 United States (factory sales), total do Other producers _do1,303 1,428 1,473 '1,558 Passenger cars do.—. 256,101 FOODSTUFFS AND TOBACCO 96,246 Trucks. do Alcoholic beverages: Railway equipment (Asso. of Amer. R. R.): Fermented malt liquors: Freight cars, end of month: Production thous. of bbL. 3.842 3,397 5,291 Number owned thousands.. 1,688 Tax-paid withdrawals,. do 4,074 3,765 5,240 4,920 Undergoing or awaiting classified repairs Stocks do. 7,783 7,326 8,384 68 8,207 thousands.. Distilled spirits: 4.1 Percent of total on line Production thous. of tax gaL. 20,768 17,825 21,201 30,667 Orders, unfilled __ cars.. 75,559 Tax-paid withdrawals _. do11,108 13,134 11,969 10,505 52.563 Equipment manufacturers do Stocks do558.967 .16,376 547,678 555,462 22,996 Railroad shops ..do Whisky. Locomotives, steam, end of month: Production do 11,828 11,908 9,424 13,834 Undergoing or awaiting classified repairs Tax-paid withdrawals do 8,143 10,190 9,212 7,602 number.. 3,634 Stocks do 505,557 173, 774 499,503 504,041 9.2 Percent of total on line Rectified spirits and wines, production, total 281 Ordeis, unfilled number.. thous. of proof gaL. 5,943 6,765 5,871 256 6,330 Equipment manufacturers do. Whiskey do 5,040 5,863 4,715 25 5,167 Railroad shops do. 'Revised. > Preliminary. *New series. See note on corresponding item in the December 1941 SURVEY. fRevised series. See note on corresponding item in the December 1941 SURVEY* • 1941 1940 Novem November ber tember 136,405 78,300 117,722 50,695 149,715 82,500 6,349 134,254 8,017 . 7,999 '282,309 269,320 1.442 483,045 59,332 1,435 1,178 580,536 642,731 63,094 67,206 899,321 145,387 534,503 92,231 725,158 127,469 14,347 18,761 19,632 507,349 506,071 621,990 28,596 29,756 32,170 5,973 6,448 5,341 10,243 41,712 40,770 6,612 9,564 43,946 2,148 2,416 2,741 2,451 10,622 13,405 2,091 3,4S3 11,912 23.788 27,591 26,059 34,899 80,064 105,759 29,461 37,360 97,896 8,042 7,675 8,952 10,901 22,103 22,394 8,267 10,494 20,154 75,369 35,220 80,371 82,243 36,616 80,046 101,016 65,481 21,615 74,581 101,609 69,972 73,988 17,599 4,480 444 377 430 86.5 114 1,047 97.4 5,059 431 464 519 112.2 127 954 88.5 5,471 503 531 587 124.1 161 -1,063 94.1 83 138 374 200 350 104 134 372 325 420 110 136 407 342 432 18,925 100,7S7 112,309 39,376 4,351 4,077 9,432 14,54£ 15,916 145,194 147,390 182,550 127,190 33,239 21,730 6,286 6,902 7,321 7,094 6,315 7,948 164,079 185,786 188,594 129,878 138,437 143.718 7,116 6.53f 6,369 10o,468 98,757 98,297 3,801 5,776 5,776 23,621 10,814 487,352 407,091 80,261 8,747 7,097 8,017 9,009 7,488 7,819 14,496 19,360 2,548 5,635 234,255 382,000 167,790 295,568 66,465 86,432 1,676 1,682 73 114 4.4 7.1 30,184 86,943 22.738 63,607 7,446 23,336 68 4.1 78,974 57,584 21,390 4,022 10.2 309 263 46 3,778 9.6 284 240 44 1,638 6.076. 15.2 116 103 13 U. S . GOVERNMENT FR1NT1HG OFFICE; J f 4 1
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