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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON, D. C, June 5, 1941
SUMMARY OF BUSINESS TRENDS
TNDUSTRIAL activity moved sharply upward in May, following
the April decline. Those industries in which work stoppage
the previous month had materially reduced output—bituminous
coal, automobiles, steel—recovered strongly early in May; and
with further expansion in defense lines, aggregate production
advanced well above the March record.
The most substantial rise appeared in output of bituminous
coal (the industry most affected by work stoppage in April) as
production expanded to more than 40,000,000 tons—85 percent
of the March total. Though automobile production usually is
curtailed in May, the industry worked at near record levels
during the past month. All told, about 555,000 units were produced, the highest monthly total since 1929; In the steel indus-try, output did not regain its former peak until the middle of
May, after which it remained near 100 percent of capacity. For
the month as a whole about 7,000,000 tons were produced as
contrasted with 6,757,000 tons in April.
Freight carloadings rose to 866,000 in the week ending May 24,
the highest for any week since 1930. While the largest gain from
the month previous was in coal loadings—these were about 15
percent above a year ago—the most significant aspect continues
to be in the rising movement of miscellaneous carloadings.
These are now almost 30 percent above a year ago and surpass
peak levels of all other years since 1930.
The electric power industry has experienced a similar increase
in demand. Output in the latter part of May rose above
3 billion kilowatt-hours, the highest on record (as indicated by
the newly published series of the Edison Electric Institute, which
adds certain governmental and industrial power generation not
heretofore covered). Since March, power output has been
running 16 percent ahead of last year. With heavy additional
demand expected as newly constructed defense industries begin
production, continued drought in the Southeast and New
England is producing a situation wherein supply difficulties may.
be experienced in those areas before the year is out.
SELECTED BUSINESS INDICATORS
STEEL INGOT PRODUCTION
ELECTRIC POWER PRODUCTION
(PERCENT OF CARACITY)
120
FREIGHT-CARLOADINGS
(BILLIONS OF KILOWATT HOURS)
(THOUSANDS OF CARS):
100
80
60
40
20
>
\-l940
,
/
^•1939
AUTOMOBILE PRODUCTION
BITUMINOUS COAL PRODUCTION
MISCELLANEOUS CAR LOADINGS
(THOUSANDS OF VEHICLES)
(DAILY AVERAGE-THOUSANDS OF TONS)
(THOUSANDS OF CARS)
v
.
V
i
PRICE INDEX OF 2 8 BASIC COMMODITIES
(AUG. I959» 100)
t6O
60
95
35
90
30
^
320104—41
1 1 1 1
1 1
1939
1 . .
,
i
i
, , 1 , . 1 , . 1 . . M I » f 1 M
i
11
t
i
11
MONTHLY
OATH
25
20
15
I
1940
1941
.
Vv
CDAILY AVERAGE- THOUSANDS OF BALES )
45
40
1
•
If
(SEASONALLY ADJUSTED 1929- 100 )
1
.
COTTON CONSUMPTION
MOfiTHir DATA
80
75 , , l , . 1 , , i , i
1938
i
(INDEX, 1926-100)
14.Q
INCOME PAYMENTS
85
i
• . ,
PRICES OF 350 INDUSTRIAL STOCKS
80
105
100
i
•
i •. t . .
1.938
1939
1940
1941
j _ i
11
WEEKLY BUSINESS INDICATORS«
{Weekly average, 1923-25=100, except as indicated]
1941
1939
1940
1941
May May May May May June May June May
3
27
1
25
31 24 17 10
3
1939
1940
May May May May May June May June May
3
27
1
25
31 24 17 10
3
Finance—Continued.
Banking:
Debits, outside N . Y . C . i . . . . 115.8 123.8 110.6 114.5 117.5 98.2 103.4 97.3
Federal Reserve reporting
Business Week
member banks:
Commodity prices, wholesale:
79.0 67.8 68.5 65.0
79.6
Loans, totals
81.8
• Dept. of Labor:
Interest rates:
Combined index, 1926=100.
75.8
85.0 84.6 84.0
77.8 77.8 75.
24.2 24.2 24.2 24.2 24.2 24.2 24.2 24.2
Call loans!
77.3 76.3 75.1 74.4 67.8 66.8 63,1 63.5
Farm products
28.6 28.6 28.6 28.6 28.6 28.6 28.6 28.6
Time loans!
79,
Food
79.7 79.0 78.0
70.7 67.5 67.6
191.6 189.4 188.8 188.5 187.3 158.3 157.0 143.6
Currency in circulation!
87.7 87.3 86.9 86.4 82.5 82.7 80.6 80.7
All other
Production:
28 basic commodities©
_ 142.9 143.6 143.6 141. 7 137.7 110. 3 110,
135.3 169.9 161.9 168.4 166.1 77.6 123.1 41.3
Automobiles
Fisher's index, 1926=100:
92.0 50.9 81.1 76.7 63.2
Bituminous coal!
102.5
Combined index
83.2 83.4 79. 79.7
92.4 92.4 91.7 90.7
167.2 171.3 115.3 110.7 118.5
Cotton consumption^
85.5 85.5 85.5 85.5 80.4 80.4 71.0 71.0
Copper, electrolytic!
.
167.6
164.1 140.0 147.0 126.9
Electric
powerf
170.3
168.1
36.0
36.0
50.0
48.9
46.3
43.4 38.2 39.0
Cotton, middling, spot
_.
Lumber
57.8 56.7 55.4 57.2 42.2 56.1 40.5
Construction contracts!
,
121.6 77.3 75.3 79.9
187.1 187.6 186.3 173.9 181.1 190.2 176.5
Petroleum!
Distribution:
173.5 175.7 174.5 170.3 165.9 131.9
Steel ingots©
Carloadings
.
90.9 90.4 87.9 83.4 67.1 72.2 59.1 65.5
Receipts, primary markets:
97
117 110 128 124
99
90
Department store sales A
_.
Cattle and calves
61.7 63.9
120.3 102.6
Employment, Detroit, factory...
123.8
62.4
46.9 46.9
Hogs
Finance:
54.6 73.5 58.8 65.8 76.2 35.8 51.5 39.6
Cotton
__
Bond yields!.,1
•...
. . . 58.4 58.4 58.2 58.4 58.6 65.9 65.3 64.6 65.5
104.7 114.3 77.3 53.5 51.0 46.5 71.6 68.0
Wheats...
86.8 87.6 87.1 87.3 86.5 88.8 88.7 [00.2 98.0
.Stock prices!
...
•Data do not cover calendar weeks in all cases.
ISeasonally adjusted.
IDaily average.
tWeekly average, 1928-30=100.
§Computed normal=100. Index revised beginning Jan. 8,1938; revised data not given in the issue for Jan. 23, 1941, and subsequent issues will be shown later..
©Index for week ended June 7 is 174.5. Data for 1941 are based on production of steel ingots and steel for castings.
A Weekly average 1935-39=100. The index is compiled by the Board of Governors of the Federal Reserve System; it is not adjusted for seasonal variations.
©Thursday prices; August 1939=100.
Business activity:!
New York Times§
„
B a r r o n s ' _ • • _ • - 1 ; . i _ • • . . . - . - .•• . . . •_-.
128.4 127.8 126. 123. 105.8 104.4 92.7 92,8
131.5 130.9 105.4 104.4 84.2 88.7
133.1
146.3 143.6 142.5 139.3 117.3 114.1 96.7 95.3
81.5
65.0
24.2
28.6
142.3
86.2
109.3
132.4
177.8
79.1
WEEKLY BUSINESS STATISTICS*
1941
1939
1940
May 31
May 24
May 17
May 10
.136
2.93
38.15
0.118
.136
2.95
38.15
,93
0.118
.133
2.93
38.15
.92
0.118
.126
2.85
3,930
5,367
3,529
5,740
2,231
2,184
13,749
5,824
May 3
June 1
May 25
June 3
1938
May 27
June 4
May 28
COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York!
dol. per lb.
Cotton, middling, spot, New York
do...
Food index (Dun & Bradstreet)
do
Iron and steel, composite
__
dol. per ton
Wheat, No. 2, Hard Winter (Kansas City)-dol. per bu.
FINANCE
Banking:
Debits, New York City
...mil. of doL
Debits, outside New York City (140 cities)
do...
Federal Reserve banks:
Reserve bank credit, total.
do...
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...
V. S. Government direct obligations
do__
Obligations fully guaranteed by IT. S. Government
_•
_
mil. of dol..
Loans, total§
do
Commercial, industrial, and agricultural loans§
mil. of dol.
Interest rates, call loans!.
percentInterest rates/ftime loans!
__
_do
Exchange rates: Pound sterling!
dollars.
Failures, commercial
number.
Currency in circulation!
—mil. of dol.,
Security markets:
Bond sales (N. Y. S. E.)
thous. of dol. par value..
Bond yields (Moody's) (120 bonds)!
percent.
Stock sales (N. Y. S. K)
thous. of shares.
Stock prices (N, Y. Times) %
dol. per share
Stock prices (Standard and Poofs) (420)--.1926=100
Industrials (350)
do
Public utilities (40)
do
Railroads (30)
do
0.098
.098
2.25
35.59
.79
0.098
.098
2.25
35.63
.78
0.088
.080
2.34
38.38
.70
0.088
.080
2.35
38.44
.77
4,791
2,756
3,761
3,071
3,779
2,681
3,619
2,782
3,532
2,511
2,477
13,215
6,362
2,520
2,477
13,223
6,373
2,573
2,564
10,029
4,218
2,576
2,564
10,097
4,304
2,593
2,564
7,745
2,640
2,583
2,564
7,716
2,632
23,712
5.452
17,680
10,812
20,287
5,312
15,049
9,081
20,201
5,312
14,982
9,105
16.965
5,235
13,554
8,237
16,955
5,247
13,548
8,264
14,589
5,216
12t202
7,844
14,697
5,212
12,252
7,922
3,111
9,892
3,116
9,870
2,399
8,475
2,389
8,562
2,055
8,126
2,046
8,125
1,411
8,334
1,385
8,345
5,604
1.00
1.25
• 4.030
286
9,170
5,568
1.00
1.25
«4.030
248
9,155
5,532
1.00
1.25
•4.030
272
9,095
4,367
1.00
1.25
«3.183
239
7,687
4,394
1.00
1.25
• 3.216
297
7,622
3,822
1.00
1.25
4.683
249
6,972
3,837
1.00
1.25
4.681
303
6,908
3,992
1.00
1.25
4.947
4,031
1.00
1.25
4.946
39,250
3.36
2,113
84.59
73.1
85.0
67.7
26.6
58,780
3.37
3,097
84.83
73.0
85.4
67.6
27.4
47,490
3.38
2,137
83.96
71.9
83,6
68.2
26.7
20,870
3.80
3,512
86.22
71.1
82.3
72.5
21.8
44,870
3.77
10,378
86.19
70.3
81.8
71.2
20.7
23,690
3.73
2,438
97.31
86.0
100.4
84.8
26.3
33,290
3.78
3,871
95.18
84.6
98.7
83.9
25.6
20,350
4.36
2,009
77.42
70.4
82.9
67.9
20.0
24,520
. 4.32
' 3,05»
77.91
70.8
83.5
67.9
20.5
38.15
.91
0.118
.118
2.80
38.15
.87
0.111
.104
2.19
37.55
.82
3,145
5,127
3,703
5,310
5,445
3,609
4,552
2,237
2,184
13,732
5,855
2,239
2,184
13,458
5,689
2,229
2,184
13,440
6,711
2,234
2,184
13,524
5,771
24,311
5,425
17,689
10,974
24,265
5,426
17,752
10,972
23,846
5,435
17,789
10,952
23,616
6,440
17,709
10,910
3,022
10,226
3,019
10,046
3,137
9,953
5,673
1.00
1.25
221
9,302
5,639
1.00
1.25
•4.031
270
9,197
21,920
3.37
1,481
84.28
72.5
84.9
67.0
26.2
30,900
3.37
2,062
85.06
73.5
. 86.3
67.6
26.4
M.033
0.111
.106
2.20
37.51
6,417
PRODUCTION, CONSTRUCTION, AND
DISTRIBUTION
Production:
32,980
67,740
32,445
96,810
132,380
127,255
130,610
133,560
Automobiles!
number.. 106,395
900
1,028
1,077
1,307
1,567
1,381
1,693
1,745
867
Bituminous coal!
.
thous. of short tons..
1,879
2,205
2,114
2,449
2,792
2,800
2,838
2,332
2,734
Electric power
:,.
mil. of kw.-hr..
3,585
3,108
3,559
3,773
3,836
3,756
3,784
3,651
3,507
Petroleum!.
...thous. of bbl
48.5
26.1
52.2
99.9
73.0
96.8
99.2
98.6
76.9
94.3
Steel ingots©
pet. of capacity..
12,828
12,087
19,517
12,416
Construction contract awards!
thous. of dol
Distribution:
502,617
623,542
563,309
837,149
861,277
866,017
687,480
639,126
794,301
Freight-carloadings, total
_.
.cars...
90,803
101,076
93,440
151,911
125,922
160,565
165,610
103,059
121,810
Coal and coke
do...
24,501
29,759
27,350
40,567
41,718
34,667
42,674
41,342
32,263
Forest products
__
_.do._26,332
33,910
30,299
35,118
40,130
• 29,432
33,854
27,243
38,905
Grains and grain products..
_
do...
11,366
10,706
9,770
12,193
10,429
12,835
10,506
10,533
12,936
Livestock...
j_
do..
130,035
152,859
133,320
162,887
162,254
148,909
130,439
163,691
162,519
Merchandise,!, c.l
do
21,381
43,670
38,987
78,400
76,601
59,663
'79,271
59,071
76,609
Ore..
do
198,199
251,562
230,143
369,275
356,073
278,973
257,175
Miscellaneous
do
358,917
368,401
Receipts;
202
195
Cattle and calves
thousands
210
304
Hogs
__ do
304
42
95
103
134
Cotton into sight....
._
thous. of bales..
93
171
142
153
191
198
6,291
2,166
5,407
5,692
Wheat, at primary markets.
thous. of b u "
8,331
4,253
9,096
3,702
6,151
4,056
a y average
d
J5 l ,
' ± *Pata o aot cover calendar weeks in all cases.
^Source: Ward's Automotive Reports.
spata for 1938 not strictly comparable with data for later years; see note on corresponding data shown on p. 51 of the 1940 Supplement.
• Free rate.
©Rate for week ended June 7 is 99.2; data for 1941 are based on capacity Dec. 31,1940, of open-hearth, Bessemer, and electric ingots and steel for castings.
46,120
906
1,973
3,099
29.0
18,842
562,076
102,453
26,841
33,344
12,048
148,526
20,431
218,433
55
3.058
MONTHLY BUSINESS STATISTICS
Monthly statistics through December 1939, to- 1941
gether with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
April
BUSINESS INDEXES
Page 6
Income payments:f
Indexes adjusted:
Total income payments
1929=100.. P 9 7 . 8
»100.3
Salaries and wages
do
Total nonagricultural income
do
Total
mil. of dol.. » 6,744
Salaries and wages:
P4,432
Total
do
Commodity-producing industries
mil. of doL. P 1,765
P982
Distributive industries
do
Service industries
do
Government..
do
M21
Work-relief wages
do
Direct and other relief
do
Social-security benefits and other labor income
mil. of dol...
»145
Dividends and interest
...do
Entrepreneurial income and net rents and
royalties
mil. of dol.. » 1,260
Total nonagri cultural income
do
'6,232
Manufacturers' orders, shipments,
and
invenl
r
tories:*
'
195
New orders, total
-Jan. 1939=100..
276
Durable goods
do
143
Nondurable goods
_do
172
Shipments, total.
do...
204
Durable goods
do...
144
Nondurable goods
do.__
123.5
Inventories, total
Dec. 31,1938=100.
134.0
Durable goods
.
..-db-__
Nondurable goods
do...
112.1
1941
1940
April
May
June
July
August
Se
m
N
m
^ - October ™L
ber -
D
ece
?S»ber
January
Febru- March
ary
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
5,791
91.7
91.5
93.0
6,467
92.5
92.2
93.4
6,681
93.6
93.9
94.7
6,240
95.8
97.0
96.9
7,390
96.8
98.1
97.5
6,544
97.3
99.3
98.3
6,187
'98.0
'100.0
'99.1
' 6,815
3,784
3,838
3,871
3,766
3,841
4,030
4,178
4,169
4,290
4,218
4,281
'4,379
1,356
900
845
540
143
92
1,419
915
860
557
120
86
1,423
923
854
452
114
87
1,493
917
859
455
117
87
1,562
940
867
550
1,597
958
888
609
117
86
1,642
1,004
900
620
124
88
949
891
614
131
90
1,700
943
892
624
122
90
' 1,745
'970
'897
'643
124
89
166
1,050
167
901
164
485
84
150
897
1,604
963
882
602
127
86
152
799
1,391
90S
854
548
137
89
166
472
145
845
144
494
145
1,573
155
811
150
443
152
'940
1,138
5,479
1,124
5,211
1,115
5,821
1,182
5,562
1,214
5,232
1,300
5,818
1,427
5,909
1,347
5,570
1,294
6,797
1,270
5,994
1,223
5,684
1,255
'6,282
110
118
105
120
133
108
108.9
111. 5
106.2
121
141
109
123
136
111
109.1
112.1
105.8
133
157
118
105.2
127
159
107
117
127
109
' 109.2
111.9
106.4
130
163
108
124
129
119
110.9
115.4
106.0
164
211
133
145
15S
134
112.2
118.4
105.5
172
235
131
146
167
128
114.4
121.2
107.1
171
237
129
148
172
127
116.5
124.1
108.5
172
252
120
152
184
123
119.3
127.9
110.1
176
246
132
148
175
124
120.8
129.7
111.2
277
132
159
189
133
121.1
130.7
110.8
194
'285
'136
rl65
198
'136
'122.1
' 131.8
'111.8
82.5
87.5
101.7
58.2
119.8
79.4
85.3
99.3
53.5
115.3
78.5
84.7
98.7
52.0
114.6
81.2
86.3
100.2
57.1
120.4
81.5
86.8
100.2
57.5
121.2
82.7
87.8
100.6
59.7
122.3
83.6
89.2
100.6
61.0
124.6
83.9
90.3
100.5
60.9
127.3
84.0
90.2
100.7
61.1
129.3
85.3
90.5
101.2
64.3
127.7
84.5
89.9
100.9
62.3
125.6
85.3
90.2
101.3
64.3
125.4
126
140
114
108.6
111. 8
in
FINANCE
Pages 71, 73, 74, 75, 76
Bond prices:
Standard and Poor's Corporation^
Composite (60 bonds)--dol. per $100 b o n d 85.8
Industrials (20 bonds)
do
90.2
Public utilities (20 bonds)
do....
101.1
Rails (20 bonds)
do,...
65.9
Domestic municipals (15 bonds)
do
126.8
Stocks:
Cash dividend payments and rates
(Moody's):
Total annual payments at current rates
(600 companies)
..mil. of dol.. 1,817.77
Number of shares, adjusted __-_ .millions.. 938.08
Dividend rate per share (weighted average) (600 cos.).
dollars..
1.94
3.01
Banks (21).._.
...:..__..do_...
1.92
Industrials (492 cos.)
do....
2.54
Insurance (21 cos.)
do....
1.94
Public utilities (30 cos.)
do.._
1.56
Rails (36 cos.)
do
Prices:
Standard and Poor's Corporation:!
Combined index (420 stocks)—1926=100..
73.8
Industrials (350 stocks).
do
85.6
106.0
Capital goods (107 stocks)
.do
78.7
Consumer's goods (194 stocks)..do
71.2
Public utilities (40 stocks)
...do
26.9
Rails (30 stocks)
do
Other issues:
SI. 2
Banks, N . Y . C; (19 stocks)
do....
Fire and marine insurance (18 stocks)
89.7
1926=100Yields:
—CoinmT)irstocks^20o),~Moo(ly*s~; percent"
4.8
Banks (15 stocks)
do.
Industrials (125 stocks)
do.
6.6
Insurance (10 stocks).
do
4.4
Public utilities (25 stocks)do
6.7
Rails (25 stocks)
do.
6.3
,643.66 1,680.36 1,690.37 1,694.82 1,713.08 1,711.42 1,738.04 1,781.52 1,792.84 1,791.94 1,796.56 1,816.13
936.43 936.43 936.43 936.43 936.43 936.43 936.43 936.43 936.43 93S.08 938.08 938.08
1.91
1.94
1.91
1.92
1.90
1.83
1.86
1.81
1.81
1.83
1.79
1.76
3.01
3.01
3.01
3.01
3.01
3.01
3.01
3.01
3.01
3.01
3.01
3.01
1.89
1.92
1.89
1.90
1.88
1.S3
1.79
1.77
1.77
1.79
1.75
1.70
2.54
2.54
2.54
2.54
2.54
2.54
2.54
2.54
2.44
2.54
2.44
2.64
1.94
1.94
1.97
1.94
1.97
1.96
1.96
1.96
1.96
1.96
1.96
1.96
1.53
1.56
1.53
1.53
1.47
1.36
1.36
1.29
1.29
1.36
1.27
1.27
92.9
109.2
132.8
104.4
87.8
29.1
83.0
97.3
118.1
92.7
80.6
25.4
73.3
84.8
104.1
80.0
75.1
22.7
76.1
87.2
105.9
84.2
80.1
24.4
77.5
89.1
109.5
85.8
80.3
24.9
80.9
93.7
116.5
89.6
81.0
27.0
81.4
94.6
119.5
90.1
80.2
27.4
82.1
95.8
120.2
89.9
79.0
27.8
80.4
94.0
118.7
87.3
77.6
26.4
80.5
93.7
118.0
87.1
78.0
27.7
75.9
87.9
109.5
81.9
74.6
26.4
76.0
88.2
109.8
82.0
74.5
26.6
53.7
58.9
52.0
48.8
51.4
50.4
51.0
53.6
55.6
55.8
55.9
53.8
94.3
S3.8
78.7
S4.0
84.3
87.4
90.0
93.9
94.3
95.1
90. S
—577
4.8
5.9
4.5
5.7
5.7
4.7
5.7
4.5
5.7
5.5
"5.6
4.7
5.6
4.8
5.7
5.6
—576
4.3
5.7
4.1
6.0
5.8
—5.7
4.1
4.5
4.3
5.3
4.8
671
5.2
6.1
4.9
6.3
6.3
5.9
4.4
6.0
4.2
6.0
6.2
~6.0
4.5
:—575"
4.7
5.5
4.4
5.8
5.5
4.3
5.7
4.2
5.9
6.2
4.3
6.1
6.2
91.1
"-"671""
4.5
6.2
4.2
6.2
.6.2
CHEMICAL AND ALLIED PRODUCTS
•' ' •
P a g e s 9 5 , 96
• ••.
Paint sales:
Calcimines, plastic and cold-water paints:
301
182
208
150
140
218
213
202
193
247
302
272
Calcimines
tbous. of dol..
342
43
43
35
44
40
48
50
43
49
56
Plastic paints
_
do.
' 54
55
47
Cold-water paints:
202
159
146
138
158
181
193
199
183
207
234
In dry form
„
do.
242
270
376
294
259
279
273
302
311
295
251
316
382
413
In paste form
do.
483
Paint, varnish, lacquer, and fillers:
34,056 34,991 33,937 37,748 30,795 27,326 33,408 32.538 38,541
Total
, d o _ - 50,029 36,206 41,722 36,271
26,552 29,74-4 25,828 24,278 24,973 24,101 27,347 22,819 20,472 24,009 24,014 28,245
35,160
Classified, total
'.
do
10,502 12,594 11,336 10,785 12,206 12,177 13,752
9,776
9,895 10,619
10,972 11,051
15,246
Industrial...
do.
9,686 12,403 11,837 14! 493
14,7.53 11,483
14,383 14,354 13,599
15.5S0 18,693 16,052
19,914
Trade—do.
10,296
8,525
3,799
6,854
7,976
9,836 10,401
9,654 11,978 10,443
9,779 10,018
14,869
Unclassified..
do.
'Revised.
*
* Preliminary.
*New series. For indexes of manufacturers' orders, shipments, and inventories beginning January 1939, see monthly Surveys beginning vwith the September 1940 issue
(description of data and figures for January-June 1939 are available on pp. 7-13 of that issue except for revisions given in note marked with an " *" on pp. 20-21 of tho 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.
SFormerly Standard Statistics Co., Inc.
MONTHLY BUSINESS STATISTICS—Continued
Monthly statistics through December 1939, together with explanatory notes and references
to the sources of the data, may be found in the
1940 Supplement to the Survey
ELECTRIC POWER AND GAS
Page 97
Electric power:
Production, total
mil. of kw.-hr..
By source:
Fuel
.
do
Water power...
do
By type of producer:
Privately and municipally owned public
. utilities
mil. of kw.-hr..
Other producers
..do
1941
RUBBER PRODUCTS
Page 149
Pneumatic caslngs:t
Production
____.
thousands.^
Shipments, total..*.
do*...
Stocks, end of month
,
do
Inner tubes: t
'•
•
Production
.
do
Shipments, total.
.do
Stocks, end of month
_
do
January
April
May
June
July
12,669
11,193
11,609
11,485
12,091
12,450
11,977
13,063
12, 771
13,456
13,041
7,862
4,806
6,645
4,548
7,270
4,215
7,931
4,159
3,968
8,124
3,853
9,404
3,659
8,737
4,034
9,058
4,398
9,054
4,587
8,381
3,912
' 8, 70ft
'4,388
11,575
1,094
10,277
916
10,616
992
10,402
1,083
10,937
1,154
11,239
1,211
10,678
1,299
11,706
1,357
11,431
1,340
12,115
1,341
12,311
1,330
11,027
1,266
12,061
' 1,034
31,816
345
974
736
26,043
1,022
1,736
2,951
7,587
12,747
30,138
344
1,037
450
24,198
1,163
1,599
2,711
7,416
11,310
28,121
370
693
317
22,808
1,227
1,602
3,007
6,908
10,065
34,012
320
28,478
1,391
1,710
3,437
8,018
13,922
39,603
349
318
522
33,109
1,624
1,814
3,741
9,632
16,299
35,092
380
316
479
28,310
1,366
1,808
3,399
8,687
13,051
37,027
497
324
815
28,805
1,533
2,132
3,511
10, 265
11,365
30,533
508
305
833
22,541
1,218
1,823
2,941
8,678
7,819
31,624
469
349
1,013
25,430
1,312
1,891
3,287
8,788
10,151
36,803
380
414
1,586
32,215
1,359
2,14S
3,909
10,254
14,544
38,288 42,663
324
'401
493
'453
1,645 '1,400
32,868 ' 36,427
1,461
1,266
1,947 ' 2, 256
4,217
3,954
i 10,666
15,704 17,826
3,002
716
3,219
3,214
718
4,047
479
4,950
355
5,419
189
6,341
244
6,143
203
4,120
243
1,713
496
2,343
615
' 2,993
235
951
54.7
949
37
292
930
53.5
916
51
377
1,098
63.1
1,102
47
350
1,081
62.2
1,075
53
436
958
55.1
964
47
700
1,305
75.1
1,298
54
431
1,520
87.4
1,534
40
402
1,457
78.9
1,455
42
1,452
77.8
1,442
52
370
1,454
76.7
1,444
63
276
1,035
54.6
1,046
52
315
1,072
56.6
.1,077
47
2,240
1,286
2,339
2,601
1,495
2,392
2,181
2,884
4,357
2,983
3,583
3,787
3,618
3,152
3,852
4,102
5,050
5,330
3,821
541
493
545
G39
498
1,728
3,090
797
599
718
652
665
844
658
790
924
779
804
*• 5,077 '4,732
' 5, 525 '4,969
'9,410 '9,163
'4,968
'4,991
'9,127
' 5,486 '5,161 '5,686
'4,850 '4,896 ' 5,517
9,797 ' 10,029 f 10,149
'5,113 '4,887
' 4,474 '4,610
'7,633 '7,924
LEATHER AND PRODUCTS
Page 124
Leather manufactures:
Boots, shoes, and slippers, production:
Total.
__
thous. of pairs.. 42,772
Athletic
_.
do....
416
All fabric (satin, canvas, etc.)
do
582
Part fabric and part leather..
do...
1,153
High and low cut, total
do...
35,884
Boys'and youths'.
...do
1,555
Infants'... ...
..do
2,166
Misses' and childrens*...
.....do
3,969
Men's
_
do..
»11,198
Women's
do..
16,996
Slippers and moccasins for housewear
3,722
thous. of pairs..
1,015
All other footwear
do
METALS AND MANUFACTURES
Page 133
Steel, manufactured products:
Barrels and drums, steel, heavy types:
Orders, unfilled, end of month__thousands.
Production
„
do
Percent of capacity
Shipments
thousands.
Stocks, end of month
do
Furniture, steel:
Office furniture:
Orders, new
thous. of dol_.
Orders, unfilled, end of month
do
Shipments.
.
do
Shelving:
Orders, new
.
do
Orders, unfilled, end of month
do
Shipments ^.
_...
do.
1941
1940
DecemAugust SeptemOctober November
ber
ber
April
428
1,463
77.2
1,474
37
7,006
4,603J
5,210
4,010
2,219
1,169
2,008
2,119
1,186
2,102
2,236
1,262
2,160
1,346
1,383
1,066
494
363
499
594
447
510
547
472
522
2,373
1,385
2,249
602
497
577
5,813
6,050
9,958
' 5,092 ' 5,413
' 5,037 ••5,755
10,867 • 10,523
' 5,131
••6,803
•-8,871
•"4,788
14,318
'9,350
5,496
6,371
8,143
'4,615
-4,547
' 4,737
'4.745
••8,206
'4,351
••5,686
'6,849
'4,020 '4,306
' 3, 793 '3,600
'7,096 '7,794
5,325
79.7
5,573
9,612
4,584
68.8
4,339
10,234
4,701
70.5
4,763
10,078
5,230
9,180
4,780
71.7
4,532
9,331
5,070
73.3
4,653
9,655
4,387
7,499
3,995
3,974
7,708
3,877
4,048
7,537
3,648
3,628
7,560
3,595
3,598
7,572
3,922
1,400
86.3
2,745
1,023
63.1
2,668
1,068
65.8
2,185
908
55.9
17,471
8,544
17,065
6,524
1,088
52
183
54,658
51,173
87
' 8,191
' 4,676 '4,413
' 4,123 '4,462
'9,911
March
12,293 ' 13, 094
890
1,204
1,103
929
'4,099 '4,548
' 3,952 '4,876
' 7,970 '7,048
'4,104
'4,690
'7,056
'4,656
'4,644
' 7,017
4,289
69.7
4,565
9,292
4,864
70.3
4,816
9,247
4,352
67.9
4,078
4,203
65.6
3,532
4,517
65.0
4,177
10,109
4,368
70.8
4,273
10,097
5.128
76.7
5,117
9,079
3,841
3,813
7,597
3,450
3,331
7,737
3,887
3,642
7,991
3,056
2,804
3,160
3,199
2,876
8,455
3,200
2,641
8,775
3,694
4,004
8,419
4,200
4,424
8,115
2,088
994
61.1
3,325
993
61.1
2,647
1,002
61.7
3,763
1,349
83.1
3,006
1,264
78.0
2,456
1,458
89.8
2,316
1,561
96.2
2,905
1,397
86.1
3,400
1,417
87.3
19,373
5,798
28,431
6,061
24,799
7,571
39,240
11,387
33,821
7,941
34,012
9,352
40,115
10,965
36,232
10,712
39,416
11,009
1,209
58
152
1,407
70
149
1,558
67
125
63
166
1,744
60
177
1,884
78
206
2,148
72
19S
2,256
62
202
2,197
71
201
2,411
80
2,428
85
246
60,724
61,167
94
68,147
66,718
137
72,506
72,934
143
80,359
85,527
146
115,206
210
115,309
216
'5,349
'5,181
STONE, CLAY, AND GLASS PRODUCTS
Page 151
Glass products:
Glass containers:
Production™
_
thous. of gross..
Percent of capacity.
_
,
Shipments, total
thous. of gross..
Stocks, end of month
do
Other glassware, machine-made:*
Tumblers:
Production.-—
thous. of doz..
Shipments
do
Stocks.
do....
Table, kitchen and householdware, shipments
thous. of doz_.
Window glass, production...thous. of boxes..
Percent of capacity
TEXTILE PRODUCTS
Page 156
wool:1
Consumption (scoured basis) :1
Apparel class
thous. of l b « 46,970
13,095
Carpet class
_
do
Machinery activity (weekly average):!
Looms:
Woolen and worsted:
Broad
....thous. of active hours..
Narrow..
do
244
Carpet and rug._
do
Spinning spindles;
102,929
Woolen
do.
117,465
Worsted
_
do.
215
Worsted combs
do.
4,429
83,665 88,027 90,421
88,005 104,332 103,556
182
179
158
94,789 90,418
107,978 104,279
192
188
*1 Revised.
Includes a small number of pairs of shoes other than men's leather (nurses, athletic, etc.) made for Government contract.
•New series. Earlier data on glassware other than containers are shown in table 2, p. 17 of the January 1941 Survey.
IData for April, July, and October 1940, January and April 1941 are for 5 weeks; other months, 4 weeks.
fData on pneumatic casings and inner tubes revised for 1940; data not shown above are as follows: Pneumatic casings—production, January, 4,955; February, 4,916;
March, 5,025; shipments, total, January, 4,274; February, 4,144; March, 4,373; stocks, January, 9,352; February, 10,137; March, 10,789. Inner tubes—production, January,
4,199; February, 4,207; March, 4,395; shipments, January, 3,761; February, 3,805; March, 4,117; stocks, January, 7,417; February, 7,828; March, 8,110.
@FedFRASER