The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON, D. C , JULY 2, 1942
SUMMARY OF BUSINESS TRENDS
A
RECORD high export balance is being established for 1942— (March-May), showing the rapid acceleration of the program.
$1.25 billion in the first 4 months. The all-time peak for a Between the passage of the Lend-Lease Act and the end of 1941,
similar period was $1.54 billion in 1919 when prices were nearly only about one-fifth of the total exports moved out through
40 percent higher than now.
Lend-Lease channels, as compared with more than. 40 percent
Our exports indicate to some extent the direct material aid, in the first 4 months of this year.
exclusive of supplies to our own forces, which the United States
Not only has Lend-Lease aid increased each quarter since its
is contributing to the common war effort. For the January- inception, but the proportion of fighting weapons in this total
April period, the value of our total exports (including reexports) has also increased. Whereas last fall the major portion of total
amounted to $2.3 billion compared with $1.4 billion during the transfers consisted of foodstuffs and industrial materials, during
similar period of last year, a rise of 65 percent.
recent months military items have accounted for more than half
These exports represent more in terms of physical volume than the total transfers.
in any previous time,. World War. I not excepted. Tor the same ..: General imports, on the other .hand, have remained fairly
4-month period exports in 1917 and 1918 were valued at $2.1 stable, totaling $1 billion for the first 4 months of 1941 and 1942.
and $1.9 billion, respectively. While exports in January-April The value of imports from neighboring countries and from the
1920 amounted to nearly $2.9 billion or 26 percent more than for Pacific areas which are still accessible has increased sufficiently
the current year, export prices were then over 80 percent higher—• to offset the dollar value of the commodities cut off through the
thus indicating a smaller volume of goods in terms of quantity. capture of territory, and through other enemy action. There is,
An important feature of the present export situation is the fact of course, no compensation from the point of view of the war
that more and more goods and services are moving. under the effort for the physical loss of such vital materials as rubber, tin,
terms of the Lend-Lease program. Total Lend-Lease aid through and sisal, and the civilian portion of the economy must be denied
May 1942 amounted to nearly $4.5 billion. $1.9 billion or 43 many goods, to conserve stockpiles and reclaimed materials for
percent of this total were concentrated in the last 3 months , the production of war goods for the use of the armed forces.
SELECTED BUSINESS INDICATORS
STEEL INGOT PRODUCTION
ELECTRIC POWER PRODUCTION
(PERCENT OF CAPACITY)
(THOUSANDS OF CARS)
CRUDE OIL RUNS - T O - S T I L L S
BITUMINOUS COAL PRODUCTION
MISCELLANEOUS CARLOADINGS
(MILLIONS OF BARRELS- DAILY AVERAGE)
(DAILY AVERAGE-THOUSANDS OF TONS)
(THOUSANDS OF CARS)
4.5
120
4.0
100
3.5
80
3.0
60
2.5
40
5.0
TOTAL FREIGHT CARLOADINGS
(BILLIONS Of KILOWATT HOURS)
140
2.0
4.5
4.0
3.5
3.0
25
WEEKLY WHOLESALE
COMMERCIAL LOANS
F. H.A. HOME MORTGAGES
(BILLIONS OF DOLLARS)
{NUMBER SELECTED FOR APPRAISAL ON HOMES TO BE BUILT)
9
120
8
110
7
100
6
90
5
80
4'
PRICES OF 354 INDUSTRIAL STOCKS
(1935-39 - 100)
FACTORY EMPLOYMENT AND PAYROLLS
200
1940*
70
2000
PRICES
(1926-100)
(1923-25-100)
y
MONTHLY DATA
180
PAYROLLS ^
_
{UNADJUSTED} ^ f c ^ ^ V ^
160
140
Ss>
120
^EMPLOYMENT
^
100
1 .,} ' ,
80
1939
467729—42
1940
(ADJUSTED)
. ....k .1 . .
1942
1939
1940
1941
1942
2
WEEKLY BUSINESS INDICATORS •
[Weekly average, 1935-39=100, except as indicated; data beginning January 1939 for most of the series on a 1935-39 base and 1939 and 1940 data for the New York Times
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]
1942
1940
1941
1942
Business activity:!
New York TimesJ
Barton's, 1923-25=100.
Business Weefc§, 1923-25=100.
Commodity prices, wholesale:
Dept. of Labor:
Combined index, 1926=100..
Farm products—
Food
._
All other—.
28 basic commodities©......
Fisher's index, 1926=100:
Combined index.__
Copper, electrolytic!
^_
Cotton, average, lOmarketsJ...
Construction contracts!
Distribution:
Oarloadings
130.0131.4 131.0 132.0 132.1 130.4 109.6 109.2
• • - • 113.1
- - • i n . 7
146.5 146.9 146.8 148.1 139.0 138.0
181.5 182.1 183.0 181.9 162.0 159.1 125.9 125.1
*98.1*98, 4*98.7*98.8
104.5 104.3 105.6 106.0
98.4 99.5 99.7 99.4
»95.9 P95. 9 »95.9 *95.9
167.2 166.8 166.5 166.0 166.7
87.7
84.2
84.3
89.1
149.1
87.2
83.0
83.7
89.0
146.7
106.6 106.5 106.6 106.7 106.8 95.1 94.3
112.9 112,9 112.9 112.9 112.9 112.9 112.9
175.3 173.1 171.1 175.6 181.2 133.2 128.8
356.6 171.8 317,9
77.1
65.7
69.7
82.3
110.2
77.1
65.6
70.1
82.4
110.9
82.1 82.3
104,i. 3 107.2
97.9
...
170.9 126.9
129.6 127.7 131.1 122.0 139.3 135.8 115.4 111. 7
1940
1941
June June June June May June June
28 21
27 20 13
June June June June Ma:y Juime June Jiune June
27
20
13
6
28 21 29 22
Distribution—Continued.
Department store sales
Employment, Detroit, factory,
1923-25=100
_
...
Finance:
Bond yields!
—
Stock prices!
„
Banking:
Federal Eeserve reporting
member banks:
Loans, total
Currency in circulation!
Failures, commercial, 1939=100,
Production:
Bituminous coaltd"
Electric power
Petroleum!
Steeie
116 117
135
95
109
92
107
118.6 119.6
123.0
91.4
83.3 83.9
83.5 83.2 82.0
83.2 83.2
65.1 66.1 66.0 64.8 63.3 82.8
125.1 125.8 126.6 127.3 128.0 ] 20.5 119.8 98.5
193.1 192.3 192.1 191.6 189.3 150.0 148.8 123.1 122.2
70.0 63.6 61.1 67.5 74.2 80.9 81.3 101.1104.6
141.9144.5
161.2 162.6
117.5 116.9
186.5 187.1189.0
142.5160.1 143.9 131. 8
158.3 156.0
[. 2 145.
113.8 122.5 121,.5 121.!9
189.0 189.5 180.6 179.0
104.6 102.4
124.9 124.6
115.0 121.5
151.3 153.4
•Data do not cover calendar weeks in all cases.
^Seasonally adjusted. "7!Daily average.
©Index for week ended July 4 is 183.6.
§For New York Times index, computed normal *=100; this index has been revised back to January 1941; 1941 and 1942 data are shown on the revised basis beginning with
the Jan. 15,1942, and Feb. 26,1942, issues, respectively. The Business Week index has also been revised for 1941 and 1942; 1941 data **re correct as published only beginning
with the issue of Feb. 5,1942; 1942 revisions were first shown in the issue of Mar. 19.
©Thursday prices; August 1939=100 ^Preliminary.
cTData revised beginning January 1939.
WEEKLY BUSINESS STATISTICS1940
1941
1943
ITEM
May 30
June 28
0.118
.191
3.66
56.73
1.10
0.118
.197
3.68
56.73
1.13
0.118
.145
3.08
56.73
8,668
3,459
9,066
3,442
9,364
3,740
2,803
2,579
12,706
2,791
2,708
2,568
12,629
2,782
2,723
2,532
12,653
2,783
25,948
5,080
20,869
15,316
2,045
10,718
6,505
1.00
1.25
12,250
•4.035
193
26,058*
5,107
20,901
15,318
2,046
10,776
6,546
1.00
1.25
12,202
•4.035
180
26,022
5,094
20,892
15,289
2,057
10,844
6,552
1.00
1.25
12.188
• 4 035
173
28,799
3.37
1,412
70.42
65.3
68.2
57.4
58.4
27,508
3.37
1,704
71.54
67.4
69.7
59.4
59.0
June 21
1939
June 24
June 29
June 22
0.118
.140
2.99
56.73
.94
0.109
.107
2.20
56.60
.75
0.112
.107
2.18
56.60
.76
0.098
0.098
2.18
55.70
.70
2.18
55.70
8,635
3,441
9,963
4,233
6,678
2,812
7,421
3,344
7,424
3,382
2,584
2,489
12,467
2,535
2,249
2,184
12,985
5,145
2,241
2,184
13.131
5,314
2,511
2,473
13.723
6,801
7,941
3,515
2,539
2,473
13,712
6,767
2,567
2,551
10,116
4,243
2,584
2,564
10,099
4,227
25,483
5,092
20,974
14,559
2,667
10,905
6,542
1.00
1.25
12.155
•4.035
191
25,511
5,095
20,764
14,510
2,670
10,962
6,557
1.00
1.25
12,014
•4.035
210
24.046
5,410
17,955
11,274
23,872
5,407
17,893
11,249
3,038
10,262
5,792
1.00
1.25
20,681
5,812
15,146
9,202
2,408
8,435
4,399
•4.032
230
1.00
1.25
7,809
•3.793
286
20,495
5,306
15,152
9,226
2,400
8,444
4,387
1.00
1.25
7,752
•3.616
296
,17,220
5,237
13,862
8,423
2,148
8,089
3,833
1.00
1.25
7,005
4.681
264
17,238
5,238
13,851
8,404
2,127
8,072
3,823
1.00
1.25
6,943
4.681
310
28,444
3.38
1,678
71.44
66.5
68.4
59.9
59.1
35,243
3.38
2,162
70.12
65.3
67.2
58.4
59.6
28,626
3.37
1,554
68.57
64.8
66.4
58.5
51,590
3.32
2,704
89.60
80.4
80.8
81.0
71.1
31,410
3.33
2,259
8s. 95
80.4
80.8
81.8
70.6
24,370
3.64
3,585
90.12
78.4
77.0
91.2
62.1
25,900
3.70
3,611
90.82
80.6
80.0
90.4
63.4
28,970
3.71
3,126
94.63
87.4
87.4
95.7
64.7
27,040
3.71
1,854
3,434
3,721
1,888
3,464
3,700
1,863
3,372
3,602
99.3
2,092
3,323
3,877
99.6
33,535
1,881
3,157
3,847
99.9
16,159
1,723
3,092
3,858
99.0
29,893
1,367
2,660
3,640
86.5
16,068
1,338
2,654
3,846
87.7
11,928
1,119
2r396
3,463
54.3
16,592
1,070
2,362
3,453
55.0
844,913
164,500
14,309
49,970
38,946
11,031
94,075
92,264
379,818
832,726
166,341
14,231
48,261
34,686
11,159
94,556
86,285
377,207
854,659
163,734
13,885
53,319
35,871
12,484
97,587
92,453
385,356
795,756
157,852
13,840
45,689
32,897
11,782
87,000
82,886
363,810
908,664
170,884
14,023
46,404
52,931
9,470
159,300
73,025
382,627
885,539
161,122
13,558
43,555
46,574
728,493
123,657
10,605
34,236
33,656
10,653
148,782
68,242
661,404
104,670
6,104
33,010
51,491
10,415
159,765
75,651
376,225
752,647
123,861
10,816
35,884
44,778
11,041
149,432
67,500
309,335
638,534
96,835
5,864
30,527
46,981
10,272
151,864
41,417
254,774
217
311
226
343
329
235
297
194
261
191
251
185
343
June 27
June 20
June 13
0.118
.191
3.66
56.73
1.11
0.118
.188
3,67
56.73
1.14
0.118
.186
3.66
56.73
1.12
9,497
3,581
10,161
3,991
2.698
2,583
12,523
2,648
June 6
Julyl
COMMODITY PRICES, WHOLESALE
Copper, electrolytic,
New York!
dol. per lb..
Cotton, middling, 1 Mc // , average 10 marketsli—do
Food index (Dun and Bradstrcet)
do
Finished steel, composite*,....
dol. per tonWheat, No. 2, Hard Winter (Kansas City).dol. per.bu..
FINANCE
Banking:
Debits, weekly reporting member banks in 101 cities,
total©.
mil. of dol..
New York City©...do—.
Federal Reserve banks:
Federal Eeserve bank credit, total.
do....
U. S. Government securities
do
Member bank reserve balances
do
Excess reserves, estimated
do
Federal Heserve reporting member banks:
Deposits, demand, adjusted
do
Deposits, time
do
Investments, total
;
do
U. S. Government direct obligations
do
Obligations guaranteed by XJ. S. Govt__
do
• Loans, total--..
do
Commerc'l, indust'I. and agricult'l loans. ._do
Interest rates, call loans!
percent-.
Interest rates, time loans!
..do
Currency in circulation!
.mil. of dol..
Exphange rates: Pound sterling!
dollars*Failures, commercial
number..
Security markets:
Bond sales (N. Y. S. .E.)__thous. of dol. par value—.
Bond yields (Moody's)t
percent
Stock sales (N. Y. S. E.)
thous. of shares....
Stock prices (N. Y. Times)!
dol. per snare
Stock prices (Stand, and Poor's) (402)V_1935-3,9=100..
Industrials (354)
do—.
Public utilities (28)
do—.
Bailroads (20).
_.do..-.
PRODUCTION, CONSTRUCTION, AND
DISTRIBUTION
Production:
Bituminous coal!
thous. of short tons..
Electric powerA
n?Il. of kw.-hr..
Petroleum!
thous. of bbl..
Steel©
pet. of capacity..
Construction contract awards!
thous. of dol..
Distribution:
Freight carloadings, total
-.
cars..
Coal
do
Coke
_
do
Forest products
*.
do
Grains and grain products
do
Livestock
do
Merchandise, 1. c. 1
do
Ore
....
do
Miscellaneous
_
do....
Receipts:
Cattle and calvest
thousands..
Hogst
do
98.0
98.3
3,030
10,324
5,825
1.00
1.25
9,515
•4.030
298,762
153,457
44,102
258,155
178
ODeblts to demand deposit accounts, except interbank and U. S. Government accounts, in 101 cities; the former series for 141 cities is no longer available weekly.
IDaily average. • Data do not cover calendar weeks in all cases. -Free rate.
IRevised series. See table 32, pp. 24-26 of the November 1941 SURVEY for stock prices beginning January 1939 and cotton prices beginning August 1939.
•New series. This series replaces the iron and steel composite price, which has been discontinued by the compiling source.
©Rate for week ended July 4 is 96.5; data for 1942 are based on estimated capacity as of Dec. 31,1941, of 88,570,000 tons of steel irgots and steel for castings,
tComparable data are not available prior to 1940 because of a change in the markets included in the data beginning with that year.
£1941 data are shown on a revised basis beginning with the Jan. 15,1942, issue; 1941 and earlier revisions not published are available on request.
2,4t2
- 97.22
90.5
90.5
98.6
67.4
MONTHLY BUSINESS STATISTICS
Earlier data are available in monthly issues of
the Survey and the 1940 Supplement
1943
1941
May
May
1943
March
April
p 110.0
P129.5
* 113.0
p 145.0
* 134.0
* 155. 5
p 133.0
83.5
96.5
82.0
110.0
108.5
118.5
83.5
100.5
127.0
104.0
147.5
129.0
154.5
157.0
' 109. 5
' 136.0
'114.0
' 156.5
' 138.5
' 171.0
147.0
CONSTEUCTION AND BE AL ESTATE
Contract awards, permits, and dwelling units
provided:
Value of contracts awarded (F. R. indexes):
121
146
125
Total, unadjusted
1923-25=100..
104
83
Residential, unadjusted
do
125
101
121
Total, adjusted
_
do
88
95
70
Eesidential, adjusted
do
New dwelling units provided and permit
valuation of building construction (based
on building permits), U. S. Dept, of
Labor indexes:
Number of new dwelling units provided
186.0
253.6
1935-39=100168.8
Permit valuation:
103.4
177.9
"81.2
Total building construction
...do
145.5
221.6
117.2
New residential buildings..
do
147.7
51.3
New nonresidential buildings...do
Additions, alterations, and repairs
95.8
135.4
72.9
1935-39=100..
Engineering construction:
Contract awards (E. N. R-) §thous. of doL _ 1,044,572 409,371 729,485
Construction cost indexes:
206.5
195.0
207.3
Asso. General Contractors
1913=100..
271.8
274.2
256.8
Engineering News Record (all types).do
Federal Home Loan Bank Board:
• Standard 6-room frame house:
122.0
111.6
122.8
Combined index
1933=100..
120.0
108.8
121.0
Materials
_
do...
126.0
117.0
126.4
Labor
.do...
Beal estate:
Estimated new mortgage loans by all savings
and loan associations, total..thous.of doL. 95,009 130,953 87,367
Classified according to purpose:
Mortgage loans on homes:
17,610 40,975 21,775
Construction
do
53,095 54,781
Home purchase
do
Refinancing
d o — 13,607 18,506 13,225
3,547
5,930
Repairs and reconditioning
do....
7,890
10,761
Loans for all other purposes
do_-.
6,831
Classified according to type of association:
Federal
thous. of dol.. 36,966 55,396 36,325
State members
d o — 43,005 54,495 38,030
Nonmembers
d o — 15,038 21,062 13,012
'145
'128
'82
220.5
90.8
161.0
43.1
93.4
207.3
272.3
122.3
120.5
125.9
99,047
21,488
52,196
14,508
4,083
7,772
38,484
43,937
16,626
DOMESTIC TRADE
Postal business:
Money orders:
Domestic, issued (60 cities):
5,673
6,997
4,794
5,411
Number.,
-.thousands.,
Value
thous. of dol.. 59,543 46,898 87,793 59,746
Domestic, paid (50 cities):
Number
thousands., 15,256 14,802 19,134 17,093
Value
thous. of dol-. 137,629 116,544 210,702 164,302
Retail trade:
Chain-store sales, indexes:
Drug chain-store sales:*
'124.6
124.4
'112.9
Unadjusted
1935-39-100'128.9
125.0
'116.8
Adjusted
d o . . . »132.1
'4,467
4,340
4,930
4,437
... All retail stores, total sales*—...mil., of dol..
^32
-778
1,590
824
Durable goods stores*
do....
3,635
3,562
3,341
3,613
Nondurable goods stores*
1do—
All retail stores, indexes of sales:*
Unadjusted, combined index
132.8
'137.8
148.6
138.4
1935-39=100..
96.9
'104.5
196.7
105.8
Durable goods stores.
do—
144.4
148.6
133.0
149.0
Nondurable goods stores
do—
139.0
'137.0
142.5
135.5
Adjusted, combined index....
do—
108.4
'103.7
174.8
96.7
Durable goods stores
do—
148.9
'147.8
132.0
Nondurable goods stores
d o — . 148.1
EMPLOYMENT AND WAGES
Employment:
Employment estimates, unadj. (U. S. Dept.
of Labor):*
Civil nonagri. empl. total
thousands.. 41,201 38,902 40,392 '40,874
Employees in nonagri. estab., total
thousands.. 35,058 32,759 34,249 ^4,731
Manufacturing
d o — 13,021 11,886 12,845 '12,945
'1,928
1,738
2,020
Mining
do....
1,782
r861
860
862
Construction..
_._do._..
Transportation and public utilities
^,343
3,185
3,277
3,383
thousands..
*6,679
6,711
6,753
6,673
Trade
—do—
4,195 '4,266
4,235
4,304
Financial, service, and misc
do—
Manufacturing, unadjusted (U. S. Dept: of
135.0 r 136.1
124.9
137.0
Labor)f.
1923-25=100..
147.4 '149.8
131.3
152.4
Durable goodsf
do.—.
135.7
132.9
134.7
'135.3
Iron and steel, etc., not incl. mchy. do
Blast furnaces, steel works, and rolling
150.0
'150.9
140.6
151.5
mills....
1923-25=100..
'92.3
94.8
116.7
88.9
Hardware
-..do—
110.4 '114.0
102.3
116.0
Struc'l and ornam'l metal work.do
115.9 r 111. 2
108.2
120.6
Tin cans and other tinwear
do—.
* Revised,
p Preliminary.
• New series. See note on corresponding item In the June 1942 Survey,
t Revised series. See note on corresponding item in the June 1942 Survey.
5 Data for May, July, October, m i , January and April, 1942, are (or 5 weeks;
1943
1941
May
May
1943
March
April
EMPLOYMENT AND WAGES-Con.
BUSINESS INDEXES
Agricultural income:
Cash in come from farm marketings:
Crops and livestock, combined index:
Unadjusted
1924-29=100.
Adjusted...
do...
Crops
do...
Livestock and products
do
Dairy products.
do
Meat animals
do
Poultry and eggs
-.do
Earlier data are available in monthly issues of
the Surrey and the 1940 Supplement
E mployment—C ontinued.
Manufacturing, unadjusted—Continued.
Durable goods—Continued.
Lumber and allied products
1923-25=100..
Furniture...
do
Lumber, sawmills
do
Machinery, excl, transp. e q u i p — d o —
Agric'l implements (inch tractors)
do.—.
Foundry and machine-shop prod, do....
Radios and phonographs
do....
Metals, nonferrous, and products.-do
Stone, clay, and glass products....do....
Brick, tile, and terra cotta
.do....
Glass.
do....
Transportation equipmentf
do....
Automobiles..
do....
Nondurable goodst
do....
Chemicals..
do....
Chemicals
do....
Paints and varnishes
do
Petroleum refining
_.__do.__
Rayon and aUied products......do....
Food and kindred products
do
Baking
do
.SI aughtering and meat packing _ _ do. _ _ .
Leather and its manufactures
do....
Boots and shoes
do
Paper
per and
n printing.
do
p u l p d doo
Paper and pulp....
Rubber
ubber products...
do
R
b b ti
t b d
Rubber
tires andd iinner tubes.—do
Textiles and their productsf
do
Fabrics!,—
.do....
Wearing apparel.
do....
Tobacco manufactures
do—
Manufacturing, adjusted (Fed. Res)f.do
Durable goodsf
do
Iron and steel, etc, not incl. mchy.do....
Blast fur., steel wks., and roll, mills
1923-25=100..
Hardware
do...
Struc'l and ornam'l metal work .do...
Tin cans and other tinware
do...
Lumber and allied products
do...
Furniture
do...
Lumber, sawmills
do
Machinery, excel, transp. equipment
1923-25=100Agr'l implements (incl. tractor).do
, Foundry and machine-shop products
1923-25 = 100..
Radios and phonographs.
do
Metals, nonferrous, and products, do
Stone, clay, and glass products...do
Brick, tile, and terra cotta
do....
Glass
,
_
do
Transportation equipmentf
do
Automobiles.
do
Nondurable goodsf
do
Chemical, petroleum and coal products
1923-25=100..
Chemicals.;
do....
Paints and varnishes
.-do
Petroleum refining..
...do
Rayon and allied products.._._.do
Food and kindred products
do
Baking
do.-.
Slaughtering and meat packing.do.__.
Leather and its manufactures
do.-..
Boots and shoes..
_
do.__.
Paper and printing.---—.
__..do—
Paper and pulp
do
Rubber products..
do
Rubber tires and inner tubes—do
Textiles and their productst
do....
Fabricst--..do....
Wearing apparel.
do
Tobacco manufactures
,
do
Nonmfg., unadj. (U. S. Dept. of Labor):
Mining:
Anthracite
1929-30,.
Bituminous coal
do—
Metalliferous
do....
Crude petroleum producing
do—.
Quarrying and nonmetallic
do—
Public utilities:
Electric light and powert--do—
Street railways and bussest
do—
Telephone and telegrapht
do—
Services:
Dyeing and cleaning
do—
Laundries
do—
Year-round hotels
do....
Trade:
Retail, totalf
do—
General merchandisingf
do—.
Wholesale
do.—
Payrolls (U. S. Department of Labor):
Manufacturing, unadjusted...1923-25=100..
Durable goods..
do....
Iron and steel and their products, not
included machinery - . . 1923-25=100..
Blast furnaces, steel works, and rolling
mills
1923-25=100-
73.7
96.0
65.4
200.2
74.7
100.1
65.7
162.5
'74.1
101.1
'64.2
'193.9
'73.5
'97.2
'64.6
197.7
166.8
162.6
191.6
144.2
94.1
70.1
123.3
251.7
88.8
122.3
156.6
192.1
135.8
131.4
312.4
135.6
151.1
138.5
98.7
95.8
119.2
128.3
94.7
75.0
111.6
104.6
122.6
63.7
136.9
150.2
133.8
170.7
134.9
173.7
139.9
95.6
72.7
124.0
171.7
134.1
118.8
135.9
166.8
141.4
122.0
323.5
127.4
149.0
116.8
"SO"
93.0
120.8
122.7
106.4
83.3
112.5
105.1
124.2
64.9
124.9
129.5
132.0
169.1
157.3
210.4
' 147.4
94.3
68.3
126.1
224.1
86.2
123.2
'158.4
192.5
140.7
130.8
313.2
131.6
150.3
134.0
"101.9
98.6
121.9
129.7
98.9
74.2
113.5
105.0
127.7
65.4
134.7
146.9
134 7
'167.4
'160.3
' 208.9
'144.1
95.4
'70.2
125.9
' 236.5
'84.1
'123.0
'158.8
'193.2
' 138.7
' 131.6
' 310.4
' 132.8
' 149.5
' 134.0
"'100.5
'97.4
' 121.1
'129.8
'95.2
'74.1
' 113.1
105.2
'126.0
'64.4
'135.4
' 148.1
' 134.1
151
88
117
110
73.5
99
64
140
116
103
122
74.6
104
64
148
94
113
122
75.3
103
65
149
91
116
115
'73.9
101
64
198.7
162
161.6
166
194.4
160
197.1
'157
161
218
145.1
90.6
66
121
242.8
85
124.1
134
• 197
140.7
92.1
69
122
164.6
128
120.5
157
250
146.9
96.9
75
124
217.9
81
123.1
160
249
144.2
'94.7
71
125
'227.9
'79
' 123.3
158.5
193
131
132
319
143.6
151
141
100.0
97
119.6
128
94.6
75
112.1
105.3
122.5
64.6
150.6 ' 157.2
137.5
194
194
168
137
141
136
132
132
123
317
309
330
144.3 ' 142,3
135.0
152
149
151
137
119
'138
97.4 . ' 9 8 . 1
96.8
93
'95
94
121.2 . .122.4 '121.5
130
130
123
98.1
'94.4
106.1
74
'74
83
109.4 '110.9
112.9
102.7 '104.8
105.9
120.0 ' 119.7
124.0
66.1
'65.8
65.8
48.4
93.3
82.0
58.5
51.7
48.6
87.9
77.1
60.4
51.0
48.5
'93.8
'81.9
'59.7
'47.7
47.9
93.3
82.5
59.1
50.4
88.0
73.2
91.2
92.2
68.9
84.6
'71.2
'90.5
89.2
72.5
91.0
127.8
113.8
95.6
120.6
108.3
96.3
' 113.8
107.9
'93.5
121.2
110.2
95.0
94.2
110.1
91.2
96.1
102.5
92.2
'94.4
'105.9
'93.9
93.9
107.6
92.4
192.6
233.5
144.1
163.1
' 182.8
'217.2
'186.6
'223.9
187.4
160.9
'181.1
' 181.3
203.5
172.7
' 193.5
'192.9
MONTHLY BUSINESS STATISTICS—Continued
Earlier data are available in monthly issues of
the Surrey and the 1940 Supplement
1942
1941
May
May
1942
March
April
EMPLOYMENT AND WAGES—Con.
Payrolls—Continued.
Manufacturing, unadjusted—Continued,
Durable goods—Continued.
Iron and steel—Continued.
Hardware
1923-25=100—
Struc'l and ornam'l metal work.do....
Tin cans and other tinware
do
Lumber and allied products
do...
Furniture
._.do...
Lumber, sawmills. do...
Machinery, excl. transp. equip—do—_.
Agric'l implements (incl. tractors)
do...
Foundry and machine shop prod._.do
Radios and phonographs...
do—
Metal, nonferrous, and products..do
Stone, clay, and glass products
do
Brick, tile, and terra cotta
do
Glass.:
__.do
Transportation equipment
do
Automobiles
___do
Nondurable goods—
^ do
Chemicals, petroleum and coal products
i
1923-25=100..
Chemicals
^.-.
do
Paints and varnishes
...do
Petroleum refining
do
Rayon and allied products
do—..
Food and kindred products
do
Baking
do
Slaughtering and meat packing, do
Leather and its manufactures
do
Boots and shoes
do
Paper and printing
_
do
Paper and pulp
do
Rubber products
___
do
Rubber tires and inner tubes...do
Textiles and their products
do
Fabrics
do
Wearing apparel..
..do
Tobacco manufactures
...do
Nonmanufacturing, unadjusted:
Mining:
Anthracite.^
.1929=100..
Bituminous coal
__
do
Metalliferous
..do....
Crude petroleum producing
..do....
Quarrying and nonmetallic.
__
do
Public
?ubli utilities:
Electric light and powerf
do
Street railways and bussesf
--do
Telephone and telegrapht
do.
Services:
Dyeing and cleaning
do.
Laundries_•__•_
do.
Year-round hotels
do
Trade:
Retail, totalf
do.....
General merchandising!
do
Wholesale
do
FOODSTUFFS AND TOBACCO
Fermented malt liquors:
Production
thous. of bbls..
Tax-paid withdrawals
.-.do
Stocks...
do...
Distilled spirits:
Production--.
.thous. of tax gallons.
Tax-paid withdrawals
—
do
Stocks
—
do
Whisky:
Production
*
_ do
Tax-paid withdrawals-do....
Stocks
od
Rectified spirits and wines, production, total
thous. of proof gal..
Whisky
.
do—.
Tobacco, manufactured products:
Consumption (tax-paid withdrawals):
Small cigarettes..
..millions-.
Large cigars
..thousands..
Mfd. tobacco and snuff
thous. of lbs..
METALS AND MANUFACTURES
Pig iron and iron manufactures:
Boilers, range, galvanized:
Orders, new, net
number of boilers..
Orders, unfilled, end of month
.do
Production
do
Shipments...
do
Stocks, end of month
do
Steel manufactured products:
Barrels and drums, steel, heavy types:
Orders, unfilled, end of month. thousandsProduction
_
do
Percent of capacity
Shipments
....thousands..
Stocks, end of month.
do
Boilers, steel, new orders:
Area..
thous. of sq. ft—
Quantity
number..
Earlier data are available in monthly issues of
the Survey and the 1940 Supplement
1942
1941
May
May
1942
March
Steel manufactured products—Continued.
Furniture, steel:
Office furnitures:
Orders, new
thous. of dol..
* 136.1
Orders, unfilled, end of month
do
'145.9
Shipments.
do.
'145.4
Shelving:
' 87.8
Orders, new
_
do
'113.9
Order, unfilled, end of month
do
'75.0
Shipments
...do.
' 315.3 Lead:
Refined:
'250.1
Production from domestic ore
do
' 234.9
Shipments (reported)
do.
*• 292.2
Stocks, end of month
do!
' 207.9
Foundry equipment: t
' 105.0
New orders, net, total...
1937-39^100..
'71.1
New equipment
.do.
' 165.5
Repairs
._.do.
133.7
149.2
144.2
90.5
116.1
78.4
. 327.7
141.5
113.8
146.4
78.0
102.7
66.0
217.2
136.8
' 140.0
150.0
86.7
116,2
72.9
' 307.2
257.8
241.7
276.8
210.9
105.1
72.0
164.9
402.0
135.0
146.8
229.0
166.2
191.5
166.7
97.8
69.1
150.3
217.0
170.6
122.9
250.4
227.3
290.7
r 208.5
' 103.7
••68.7
165.4
' 349.7
132.1
144.3
'376.0
'131.3
'144.9
224.2
297.7
175.7
178.4
391.3
160.7
166.3
170.6
112.7
107.1
132.1
171.7
134.8
109.6
129.6
129.0
122.7
74.3
165.5
221.8
170.4
146.3
356.2
134.7
, 148.4
133.1
91.0
86.7
124.9
145.6
128.7
111.1
110.4
109.3
105.9
67.1
' 219.3
287.8
' 179.3
179.6
394.4
' 150.5
160.6
159.7
'117.2
112.2
134.8
' 175.6
132.3
106.3
129.2
124.8
130.1
70.6
'223.0
'293.2
'"177.1;
'179.0
' 387.9
'153.0
••160.2
' 162.3
'115.6
'110.4
'133.2
' 172.1
'130.3
'106.3
'129.0
'126.8
' 125.3
'73.8
51.3
122.5
100.9
63.2
62.6
33.4
107.2
81.5
58.8
53.2
' 50.9
' 116.9
'99.1
'62.6
'54.4
44.7
118.4
97.0
62.8
57.9
113.3
84.8
124.1
109.6
72.7
110.5
'113.5
' 84.7
'121.8
113.6
84.5
122.0
113.3
123.0
95.0
96.1
98.7
87.9
'92.7
' 104.3
'91.6
105.6
108.4
93.5
93.9
109.1
91.9
91.5
96.0
84.6
r 93.7
' 105.2
93.9
93.2
106.5
92.0
6,142
5,978
8,835
5,844
5,385
5,154
4,577
8,491
5,728
5,030
8,950
8,137
9,283
543,094
14,732
9,722
549,979
10,571
11,312
542,884
9,716
9,641
543,512
6,970
521,033
12,025
7,531
503,040
10,020
7,501
520,765
9,058
6,631
521,503
4,621
3,907
5,195
4,224
6,481
5,627
4,625
3,902
18,455
457,767
25,181
17,858
475,067
29,232
17,016
489,727
27,919
17,380
503,536
27,825
31,458
62,709
33,627
37,633
12,382
89,159
52,966
81.495
82,641
37,295
62,010
76,750
64.847
62,450
19,841
38,014
42,427
45,880
1,551
1,780
97.6
1,796
34
890
1,584
-86.8
1,582
39
1,893
2,416
132,4
2,420
29
1>797
2,067
113.3
2,046
50
3,270
1,343
2,560
1,372
9,709
2,824
3,736
1,596
2,908
3,414
4,204
4,667
5,579
3,751
5,530
4,560
2,755
4,155
4,130
1,606
2,763
1,115
1.278
1,454
1,207
1,510
1,870
1,130
1,418
2,273
1,015
47,781
52,874
29,707
46,104
69,382
34,018
50,919
57,590
27,160
52,049
54,726
31,374
653.6
730.2
423.3
298.7
291.2
321.0
1,122.3
1,352.7
428.8
1,089.3
1,307.7
432.1
7,192
6,997
6,243
6,398
9,244
6,935
'7,073
••9,450
6,921
6,830
9,417
1,731
1,656
1,718
1,726
63
3.7
48,351
31,440
16,911
94
5.8
64,027
49,108
14,919
60
3.5
68,316
47,985
20,331
62
3.6
58,129
39,804
18,325
2,9S5
7.2
950
878
72
5,181
13.1
231
201
3,228
8.2
426
372
54
3,114
7.9
408
357
51
1,586
716
870
111
50
61
734
205
529
87
22
65
743
125
57
68
1,425
669
756
132
60
72
S T O N E , CLAY, AND GLASS P R O D U C T S
Glass containers:
Production
Shipments, total..
Stocks, end of m o n t h . .
thous. of grossj.
_._do.
do.
TRANSPORTATION EQUIPMENT
Railway equipment:
Association of American Railroads:
Freight cars, end of month:
Number owned
thousands..
Undergoing or awaiting classified
repairs
__•
thousands
Percent of total on line..
Orders, unfilled
.cars..
Equipment manufactures
do
Railroad shops
—_
do
Locomotives, steam, end of month:
Undergoing or awaiting classified repairs
number..
Percent of total on line
Orders, unfilled
number..
Equipment manufacturers
do....
Railroad shops.
do
U. S. Bureau of the Census:
Locomotives, railroad:
Orders, unfilled, end of mo., total.do
Steam
do
Other..
do
Shipments, total
.do
Steam
-do
Other
-do....
1942
1941
1942
April
April
Febru- March
ary
FUELS AND BYPRODUCTS
Petroleum and products:
Crude petroleum:
Consumption (runs to stills)
thous. of bbL
Pr6duction.__.
do....
Refinery operations
. .pet. of capacity.
Stocks, end of month:
California:
Heavy crude and fuel...thous. of bbL
Light crude
do...
East of California, total
do...
Refineries....
do...
Tank farms and pipe lines
do...
Refined petroleum products:
Gas and fuel oils:
Production:
Residual fuel oil
...do...
Gas, oil, and distillate fuels, total..do...
Stocks, end of month:
Residual fuel oil _
do—
Gas, oil, and distillate fuels
.do...
Motor fuel;
Production, total
do...
Benzol
do...
Straight-run gasoline
•.
do...
Cracked gasoline
do...
Natural gasoline
do...
Stocks, gasoline, end of month:
Finished gasoline, total
do..At refineries
do...
Production
Stocks, refinery, end of month
Lubricants:
Production
Stock, refinery, end of month
104,882
105,053
75
111, 106 105,776
111,080 113,961
85
81
110,565
114,473
76
58,149
38,737
210,699
40,491
170,208
67,256
37,272
221,120
42,528
178,592
61,174
39,184
213,395
43,387
170,008
60,197
38,531
214,741
41,622
173,119
29,440
14,002
26,748
14,692
27,254
15,194
28,095
16,214
8,664
22,633
19,822
24,449
14,055
26,145
11,040
2?, 940
47,528
0
18,339
23,504
6,257
53,768
277
22,131
26,380
4,980
51,612
189
19,226
26,006
6,768
52,902
200
20,609
25,629
7,020
94,127
67,182
88,414
61,186
100,180
72,990
99,184
73,556
do...
do...
5,529
5,630
6,068
7,063
6,133
6,193
6,035
5,460
do...
do...
3,438
8,470
3,213
8,363
3,174
8,429
3,533
8,470
* Revised.
A Revised series. See note on corresponding item in the June 1942 Survey.
April
METALS AND MANUFACTUBES-Con.
U. J . GOVERNMENT PRINTING OFFICE:
t»4Z
@FedFRASER