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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON, D. C, MARCH 21, 1940 SUMMARY OF BUSINESS TRENDS D URING the first half of March the volume of manufacturing decline in the February total was largely the result of reactions production continued to decline although the rate of con- from the unusually high January exports of cotton, aircraft, and traction on a seasonally corrected basis, appeared to have les- nonferrous metals. Raw cotton exports to the United Kingdom sened. Steel-ingot production is scheduled to drop 2.3 points declined $10,000,000 subsequent to heavy movement in January; this week to 62.4 percent of capacity but there was no decline total shipments of this commodity were returned to about the during the previous week. Automobile production continues to December figure. Shipments of refined copper to U. S. S. R. hold relatively steady instead of showing the usual seasonal decreased by $5,200,000 after the January spurt. Aircraft exincrease in this month and lumber production increased slightly ports of $20,600,000 were off $5,000,000 from January when according to the latest weekly data available. Despite these shipments delayed last fall had held exports at a figure which few signs of a slowing in the business decline, commodity and could not be maintained by current production. security prices were generally a little lower last week. This The value of exports to Latin American markets in February reflects the fact, that purchasing has not as yet improved although was somewhat below the expanded January total though by no new orders have been substantially below production for several significant degree after allowance for the lesser number of shipmonths. ping days; the total was half again as large as in February of In contrast to the domestic trend the underlying position of last year. Value of exports to Japan, after being raised from export trade is indicative of sustained active demand. While $12,000,000 last August to $28,000,000 in January by unusually the total value of exports of United States merchandise for heavy buying of certain commodities prior to the abrogation of February was $20,000,000 below the $359,000,000 level of the 2 the commercial treaty with this country, dropped back to preceding months, the daily average was slightly higher. The $15,000,000 in February. SELECTED BUSINESS INDICATORS STEEL INGOT PRODUCTION ELECTRIC POWER PRODUCTION (PERCENT OF CAPACITY) (BILLIONS OF KILOWATT HOURS) AUTOMOBILE PRODUCTION BITUMINOUS (DAILY (THOUSANDS OF VEHICLES) FREIGHT CAR LOADINGS (THOUSANDS OF CARS) COAL PRODUCTION AVERAGE - THOUSANDS COMMERCIAL LOANS OF TONS) (BILLIONS OF DOLLARS) 3.2 U^. PRICES OF 3 5 0 INDUSTRIAL STOCKS PRICE INDEX OF 28 BASIC COMMODITIES • (AUG. I9S9 = tOO) 1938 1937. 16 • I0O) 1939 1938 1937 EXPORTS OF U.S. MERCHANDISE (MILLIONS OF DOLLARS) (DAILY AVERAGE - 500 40 400 35 300 30 200 25 roo 0 M I M 1937 217777—40 . . 1 r , 1 , , I 1936 ( I M I M I M 1939 I M 1940 1 . 1 . > 1 , 1 1 1940 , , 15 THOUSANDS OF BALES) \ Z0 I 1939 COTTON CONSUMPTION V *l 1 I . . t , 1937 1 1 • , 1 « I . . 1 . . 1 . 1 1938 1939 I . 1 1 ! 1 . 1 1 1 1940 1 WEEKLY BUSINESS INDICATORS* [Weekly average, 1923-25=100] 1939 1940 1938 1939 1940 ITEM Mar. Mar. Mar. Feb. Feb. Mar. Mar. Mar. Mar. 12 17 2 16 24 9 19 18 11 193* \ Mar. Mar. Mar. Feb. Feb. Mar. Mar. Mar. Mar. 19 12 18 11 24 17 2 16 9 Finance—Continued. Banking: Debits, outside N . Y . C.}.___ 89.3 100.8 103.1 97.5 96.1 86.5 83.7 87.8 Federal Reserve Reporting member banks: Loans, total 68.9 68.7 68.2 68.3 68.1 66.3 66.7 71.1 Commodity prices, wholesale: Interest rates: Dept. of Labor, 1926=100: 24.2 24.2 24.2 24.2 24.2 ?A, 2 24.2 24.2 Call loans} Combined index (813) 78 3 78 4 78 6 78 3 76 7 77.0 79 5 79.8 Time loans } _ 28.6 28.6 28.6 28.6 28.6 ?8 6 28.6 28.6 Farm products (67) 68 5 68.8 69 4 68 6 67.1 68.0 70.5 71.7 Currency in circulation}. . . . 154.0 154.2 153.6 153.3 152.8 139.3 139.1 130.5 Food (122) 69.9 70.5 71.0 70.5 70.7 71.4 73.4 73.8 83.1 83 ?, 83.3 83.3 80 7 80.6 82.8 82.9 Production: AH other (624) . . . 138.6 135.7 132.2 134.6 124.6 113,7 110.2 69.5 Automobiles. Fisher's index, 1926-100' 80.9 86.1 90.9 89.1 75 0 79.0 56.9 ____„ 84.3 84.2 84.4 84 8 84 3 79.9 80.2 82.3 82.8 1 Bituminous coal} Combined index (123) 124.0 126.8 124. 5 109 8 110.2 89.1 Cotton consumption! 81.9 81.9 81.9 80 4 79 7 79.7 79.7 71.0 71.0 Copper, electrolytic! 147.7 147.9 148.8 147.4 148.6 133.6 134.3 121.1 Electric powerf " . . . L 40. S 41.5 41.5 41.9 41.5 31.6 33.8 31.6 33.1 Cotton, middling spot 44.0 42.7 46.1 42.8 38 9 37.4 38.4 Lumber •_,_ . .._...„._ 186.8 183.8 182.3 179.2 178.5 16? 5 161.0 164.9 Petroleum} 37.2 48.9 74 5 45.5 50.3 55.0 Construction contracts} Steel ingots® . . . . . . 111.0 110.8 113.0 115.1 118.0 95 7 94.6 54.2 64.8 66 ? 62.1 63.4 62.0 61.4 56.4 58.1 Distribution: Carloadines Receipts, primary markets: 75.3 99.7 111 5 110 7 Employment' Detroit factory 52.5 54.9 52.3 50.9 57 6 53 1 71.7 Cattle and calves Finance 1 62.4 68 8 66 3 55 3 71.7 73 ? 70.3 61.2 70 5 Hogs 46 2 51.7 52.4 56.1 36 1 33 0 38.1 Failures, commercial Cotton Bond yields} 62.2 62.4 62.6 62.4 62.4 64.5 64.6 75.2 73.3 76.2 68.8 86.9 77.3 91.9 38.5 32.3 60.4 56.4 68.4 65.1 36.8 25.2 36.3 38.8 30.3 Stock prices! ' Wheat 111.0 111.2 110.4 111.1 111.5 106.2 109.1 89.7 91.3 tWeekly average, 1928-30=100. }Daily average. • D a t a do not cover calendar weeks in all cases. ^Computed normal -100. cfFor description of these indexes, see p . 4 of the Dec. 16,1937 issue. 1 Seasonally adjusted. ©Index for week ended Mar. 23 is 107.0. Business activity:! Barron'sc? Business Week -— 96.0 96.8 96.1 96.6 88 7 89.5 79.3 79.2 104.0 106.2 108.3 107.4 94 0 94.2 73,6 73.9 110.2 111.4 110.2 99.1 98.7 79.9 80.4 77.6 7? 2 ?A 2 ?S 6 130. o 69 6 63 0 88 6 1?0 9 37 6 16? 4 50 5 64.0 31.5 60.8 28.1 WEEKLY BUSINESS STATISTICS1 1940 Mar. 16 Mar. 9 Mar. 2 1939 1937 1938 Feb. 24 Feb. 17 Feb. 10 Mar. 18 Mar. 11 Mar. 19 Mar. 12 Mar. 20 C O M M O D I T Y PRICES, WHOLESALE Copper, electrolytic, N e w York} dol. per lb__ Cotton, middling, spot, New York ...do. Yood index (Bradstrert's),^ ...do Iron and steel, composite dol. per t o n . . Wheat, No. 2 Hard Winter (Kansas City).dol. per bu_L FINANCE Banking: Debits, New York City mil. of dol. Debits, outside New York City (140 cities) d o . . . Federal Reserve bpnks: Reserve bank credit, total do... U. S. Government securities do Member bank reserve balances. _ _. do Excess reserves, estimated do Federal Reserve reporting member banks: Deposits, demand adjusted do.__. Deposits, time . . . . _ _ _. do Investments, total§.. .do.... U. S. Government direct obligations do.... Obligations fully guaranteed b y U. S. Government mil. of dol. Loans, total§ do Commercial, industrial, and agricultural "loans§ mil. o f d o l . Interest rates, call loans} -----percentInterest iates, time loans} do Exchange rates: French franc} centsPound sterling} „. .dollarsFailures, commercial number., Currency in circulation}-_•_ . mil. of dol.. Security markets: Bond sales (Ar. Y. S. i?.)__..thous. of dol. par value. Bond yields (Moody's) (120 bonds)} percentStock sales (N. Y.S.E.).... thous. of shares. Stock prices (N. Y. Times)% dol. per share Stock prices (Standard Ztitistics) (420) 1926=100., Industrials (350) do_ Public utilities (40)..._ _ do Railroads (30) do..*, 0.113 .111 2.31 36.86 1.00 0.113 .113 2.32 36.83 1.00 0.113 .113 2.30 36.83 1.00 0.111 .114 2.34 36.83 1.03 0.110 .113 2.33 37.00 .98 0.112 .113 2.34 37.01 0.110 .086 2.29 0.110 .092 2.34 36.39 0.098 .086 2.48 38.78 .91 0.098 .090 2.49 38.83 .92 0.160 .145 3.01 40.10 1.37 3,581 4,142 3,552 4,675 2,673 3,983 3,084 4,523 2,604 3,713 3,185 4,335 4,112 4,011 3,755 3,882 3,747 4,079 3,130 3,600 5,127 5,048 2,524 2,477 12,439 5,777 19,507 5,343 14,821 8,943 2,515 2,477 12,367 5,733 2,537 2,477 12,318 5,687 2,523 2,477 12, 241 5,629 2,530 2,477 12,151 5,580 2,518 2, 477 12,097 5,523 2,595 2,564 9,077 3,443 2,565 2,564 8,985 3,407 2,608 2,564 7,328 1,460 2,594 2,564 7,311 1,467 2,450 2,430 6,830 1,449 19,341 5,303 14,764 8,900 19,414 5,290 14,740 8,851 19,256 5,277 14,680 8,830 19,062 5,260 14,686 8,855 19,108 5,256 14,692 8,910 16,143 5,198 13,541 8,280 16,086 5,224 13,450 8,176 14,335 5,223 12,255 14,514 5,258 12,242 8,081 15,541 5,128 13,361 8,828 2,387 8,616 2,400 8,591 2,421 8,528 2,425 8,531 2,420 8,516 2,411 8,507 2,023 8,281 2,030 1,164 8,889 1,152 9,020 1,213 9,337 4,367 1.00 1.25 4,355 1.00 1.25 4,324 1.00 1.25 4,31f> 1.00 1.25 4.309 1.00 1,25 4,314 1.00 1.25 3,794 1.00 1.25 3,773 LOO 1.25 4,335 1.00 1.25 4,342 1.00 1.25 1.00 1.25 2.134 3.766 254 7,480 2.212 3.903 280 7,487 2.233 3.940 270 7,459 2.240 3.954 225 7,446 2.243 3.958 292 7,420 2.256 3.981 251 7,412 2.649 4.685 3.070 4.970 249 3.192 5.008 287 6,337 4.590 4.886 200 6,763 2,651 4.690 286 6,755 36,990 3.59 4,121 107. 75 91.8 107.8 87.6 28.9 33,840 3.60 3,653 108.02 91.8 108.0 86.7 29.3 28,190 3.61 3,015 107.25 91.1 106.8 87.6 28.8 26,360 3.60 3,253 107.94 92.2 108.3 87.9 28.9 27,070 3.60 2,860 108.32 91.9 107.8 87.7 29.0 33,510 3.61 3,735 107.24 91.3 107.1 87.4 28.7 40,060 3.72 5,593 103.09 92.5 109.0 86.4 29.5 51,220 3.73 5,561 105.94 95.0 111.8 88.3 31.7 39,310 4.34 4,874 87.16 77.4 92.3 68.0 24.6 36,180 4.23 3,445 88.67 79.6 94.8 69.5 20.7 107,310 3.90 10,365 137. II 129.5151. a 105.0 64.5 103, 560 1,378 2,464 3,829 64.6 100,855 1,467 2,479 3,798 65.9 11,963 102,670 1,548 2,455 3,732 67.1 7,312 95,050 1,517 2,476 3,718 68.8 8,074 95,985 1,642 2,523 3,688 80, 725 1,278 2,225 3,384 55.7 8,823 84,095 1,345 2,238 3,353 55.1 53,055 969 2,018 3,434 32.1 5,969 53,138 1,073 2,015 108,978". 1,894 2,211 3,448 88.9 7,509< 620,997 132, 293 31,564 30,548 10,972 149,291 10,368 255,961 634,410 139,935 32,269 35,323 11,131 149, 550 10,078 256,124 595,032 144,976 30,146 31,223 10,768 133,908 9,696 234,315 607,924 141, 741 30,532 30,897 11,083 142,987 9,789 240,895 626,903 156,638 29,263 29,174 10,540 147,442 9,812 244,034 594,568 123,678 26,130 29,984 11,219 152,325 8,932 242,300 588,426 121,963 25,951 31,211 10,175 152,408 7,527 239,191 540,365 92,281 26,443 30,452 11,524 150,821 7,895 220,949 556, 730 110,401 27,613 31,429 10,954 150,694 8,722 216,917 166 300 179 5,444 173 330 226 5,181 166 340 201 2,929 161 304 239 2,001 161 342 240 1,929 182 234 100 2,891 214 84 3,083 226 247 157 2,408 202 204 158 2,233 PRODUCTION, CONSTRUCTION, AND DISTRIBUTION Production: Automobilesi number.. 105,720 Bituminous coal}.. thous. of short tons.. Electric power mil. of kw.-hrs. 2,460 Petroleum} thous. of bbl._ 3,890 Steel ingots® pet- of capacity.. 64.7 Construction-contract awards}.._ thous. of dol Distribution: Freight-car loadings, total ..cars.. Coal and coke _ do Forest products do Grains and grain products do Livestock. do . Merchandise, 1. c. I,_ __ do Ore ; do Miscellaneous do Receipts: Cattle and calves.,. thousands Hogs , do Cotton into sight thous. of bales.._ 198 Wheat, at primary markets thous. of bu._ 4,483 71.7 29.9 7,858 754,922 184,405 37,285 29,079 11,708 171,430 10,941 310,014 230280 132: 1,941 <8>Rate for week ended Mar. 23 is 62.4. * Daily average. • Data do not cover calendar weeks in all cases. § is o longer strictly comparable; for an explanation, sec the corresponding data on p. 30 of the April 1?39 issue of. the SURVEY 1 SOURCE : Ward's Automotive Reports. MONTHLY BUSINESS STATISTICS Monthly statistics through December 1937, together with explanatory notes and references to the sources of the data, may be found in the 1938 Supplement to the Survey BUSINESS INDEXES Page 9 Agricultural marketing: Quantities marketed: Combined index1923-2.5-100 Animal products do Dairy products do Livestock ^ .. x . .do — Poultry and eggs .. ,do . Wool... „ " ' _ _ „ . .do . . . .do . . . Crops. . -. .do . . . Cotton _ __ do . . . Fruits do . . . Grains do . . . Vegetables - 1940 1939 1940 February February 56 64 94 56 70 50 March April 65 81 103 62 123 77 50 22 95 50 89 May June 81 99 135 72 145 193 63 23 92 80 109 82 93 145 62 114 387 71 26 81 101 112 July November December anuary 125 87 90 90 75 90 163 278 95 94 82 104 90 89 81 126 42 119 200 75 08 66 88 87 80 75 132 35 90 133 74 59 61 78 85 95 85 87 31 71 94 78 42 79 77.1 August SeptemOctober ber 94 88 133 66 91 386 101 40 78 184 49 85 84 122 70 79 266 87 75 80 116 41 120 82 100 78 75 144 159 251 79 120 72 78 68 78 104 65 104 45 57 35 93 50 107 78.1 76.8 76.4 76.6 76.5 76.3 76.5 75.1 79.0 78.4 77.9 76.9 92 6 89.1 89.1 89.1 89.1 89.1 89.3 89.5 90.2 91.2 91.9 92.0 92.3 96.6 88.8 91 8 94 1 85.9 96.2 88.5 88.9 90.5 84.3 96.2 88.4 88.8 90.5 84.3 96.0 88.4 88.8 90.5 84.1 95.9 88.4 88.8 90.5 84.1 95.9 88.4 88.9 90.6 84.0 95.9 88.4 88.9 90.6 84.1 96.0 88.4 89.0 90.7 84.1 96.1 88.6 89.5 91.7 84.3 96.3 88.7 90.4 92.7 84.7 96.4 88.7 90.9 93.5 85.0 96.4 88.7 91.0 93.5 85.3 •96.6 88.8 91,4 93.7 85.5 CONSTRUCTION AND REAL ESTATE Page 16 Contract awards: F. W. Dodge Corp. (37 States) Construction, total value thous. of dol... 200,574 220,197 145,423 148,564 Building, total value* do 300,661 223,011 330,030 209,061 308,487 210,567 288,316 204, 741 299,883 197,831 312,328 197,045 323*227 212,146 261,796 190,987 299,847 194,357 354,098 146,438 196,191 129,932 66 71 90 .67 .77 .25 60 67 62 4s 7£ 34 78 38 COMMODITY PRICES Pages 11,12 Retail prices: U. S. Department of Labor indexes: Food 1923-25=100.. Fairchild's index: Combined index Dec. 31,1930=100.. Apparel: - ••-•--• Infants' Men's -Women's Home furnishings Piece goods -• - - .do . . . .do --. , -. do do DOMESTIC TRADE Pages 26, 27, 30 Advertising: Newspaper advertising: Lineage, total (52 cities)..,-thous, of lines.. Classified -..do .do Display, total Automotive - Financial ----- __do do General do Retail Retail trade: Chain-store sales: Variety-store sales: Combined sales of 7 chains: Unadjusted ..— 1929-31 = 100.. do__ Adjusted Chain-Store Age index: Combined index (20 chains) av. same month 1929-31=100_. Apparel chains do.. Mail order and store sales; Montgomery Ward & Co thou.s. ofdoLSears, Roebuck & Co 93,240 19,295 73,945 4,224 1,494 15 740 52,487 86,651 18,318 68,333 3,458 1,403 14,024 49,448 111,815 22,147 89,669 4,768 1,695 17,414 65,792 111,160 22,824 88,335 6,055 2,105 17,655 62,520 112,377 22,692 89,685 6,075 1,615 18,538 63,456 105,086 21, 785 83,301 5,345 1,663 17,40S 58,886 85,407 20,570 64,838 3,496 2,120 13,999 45,222 90,526 21,115 69,410 3,512 1,349 12,527 52,022 101,937 20,884 81,053 3,067 1,278 15,045 61,663 119,612 22,393 97,220 6,436 1,767 19,824 69,192 113,457 20,194 93, 264 4,537 1,376 18,470 68,880 118,103 20,246 97,857 3,482 1,637 14,183 78,555 88,033 19,075 68,958 3,854 2,278 12,433 50,393 v 83.0 »99.4 79 7 95.5 85.0 98.8 97.6 97.1 96.3 96.3 95.8 100.8 91.3 102. G 89.5 101.1 96.1 100.6 102.9 101.4 108.4 106.8 206.6 112.0 '75.1 '100.7 114.0 119.0 108.8 112.7 109.8 130.0 110.0 117.6 110.0 119.0 111.0 118.0 113.0 126.0 113.0 124.0 114.5 127.0 113.3 125.0 117.0 132.0 120.0 142.0 113.5 120.0 30, 530 40,830 24,964 34,901 35,730 49,768 41, 595 51,236 42,323 5i>, 613 41,302 56,768 33,452 43,941 38,998 48,259 44,743 62,751 54,945 67,246 47,764 60,330 66,020 82,427 29,984 40, 548 30,477 12, 794 17,683 30,613 13,118 17,496 33,664 15,138 18,526 32,711 13.683 19,029 31,676 13,041 18,636 40,019 17,033 22,380 34.717 14,739 19,978 687 26 427 234 506,380 23,8fi2 118,218 364,300 942 261 431 250 584,595 83,901 119,068 381,626 642 24 417 200 509, 897 59,401 115,935 334,501 790 51 484 255 637,675 75,929 135,769 425,977 724 41 455 228 587,498 44,027 128,121 415,350 728 59 443 225 646,545 105,030 124,662 410,853 659 32 400 220 653,156 134,507 113,111 405.538 93.15 96.46 58.46 90.59 94.05 54.50 88.50 92.41 47.21 90.79 94.59 50.55 91.24 95.05 51.23 92.33 96.02 52.23 92.02 95.70 52.00 81.6 86.3 102.1 56.4 118.3 81.0 85.8 101.7 55.5 116.5 80.9 85.0 98.6 59.0 107.1 82.9 86.4 100.5 61. ( 110.7 83.0 87.0 101.8 60.2 117.5 82.1 86.8 101.6 58.0 119.9 82.4 87.3 101.8 58.2 120.2 52,610 48,032 4,578 49,007 46,331 2,676 52,209 47,642 4,507 47,297 44,808 2,489 52,406 47,917 4,549 46,431 44,279 2,151 52,452 47,922 4,531 47,621 45,331 2,290 52,435 47,869 4,566 47,839 45,500 2,339 54,067 49,512 4,554 49,920 47,541 2,379 53,088 49, 440 4,548 49,679 47,314 2,305 FINANCE Pages 53, 60, 73, 74, 76, 77 Banking: Bank debits, total (141 cities) mil ofdoL. 29,482 27.581 34,486 30,143 31,928 33,988 !•> 138 15,312 14,105 13,311 12,380 16.274 New York City do 16,832 17,763 18,676 Outside New York City... . . ..do.-.. 17,344 15,201 18,211 Life insurance: Insurance written:©" • • -• Policies and certificates, total number 841 812 716 842 675 697 thousands.. 134 33 20 33 Group • do 23 25 496 461 464 499 399 439 do Industrial 245 283 232 310 do Ordinary 252 232 Value, total. _ ...thous. of dol.. 561, 638 570.491 645,019 550,666 604,445 729,749 43,278 194,223 35,981 do 45,205 40,365 Group 38,120 125, 226 109,871 138,396 129.051 137,073 128, 568 do Industrial .... do 398,292 420,255 461,418 385,634 424,094 406,958 Ordinary Security markets: Bonds: Prices: Average price of all listed bonds (N. Y. 92.08 92.92 91.56 91.80 91.85 91.97 S.E.). —_ dollars95.34 06.09 94.83 94.99 95.01 95.68 Domestic do dn 57.79 59.73 57.40 58.43 59.68 51.58 Foreign Standard Statistics Co., Inc. (60 bonds) 81.4 79.4 80.2 83.1 82.1 82.2 dol. per $100 bond.. 86.2 84.8 83.8 87.1 86.4 87.3 Industrial (20 bonds) .. dr> 101.6 101.0 99.7 101.3 100.7 do 101.6 Public utilities (20 bonds) 56.2 54.8 54.5 60.9 do 59.0 57.8 Rails (20 bonds) 118.1 116.4 118.6 117.9 117.3 119.1 Domestic municipals (15 bonds)..do Value, issues listed on N. Y. S. E.: Face value, all issues .-- mil. of dol - 53,937 51,466 52,670 52,564 52,647 52,751 48,166 48,056 47,975 49,400 48,071 46,862 do Domestic issues ... 4,585 4,591 4,589 do 4,599 4,604 4,537 Foreign issues Market value, ail issues.---d o — 49.605 47,271 48,352 48,128 48,921 48,571 45,921 46,179 45.493 45,665 44,524 Domestic issues do 47,265 2,649 2,742 2,634 2,687 2,748 2,340 Foreign issues --- - d o . — * Revised. » Preliminary. *New series. Monthly data beginning 1925 are shown in table 49, p. 17 of the November 1939 Survey. 0)40 companies having 82 percent of total life insurance outstanding in all United States legal reserve companies. MONTHLY BUSINESS STATISTICS—Continued Monthly statistics through December 1937, together with explanatory notes and references to the sources of the data, may be found in the 1938 Supplement to the Survey 1940 February 1940 1939 February March April May June July Decem- January August SeptemOctober November ber ber FINANCE—Continued Security markets—Continued: Stocks: Prices: Average price of all listed stocks (N. Y. S. E.) — Bee. 31, 1924=100. Standard Statistics Co., Inc: Combined index (420 stocks). 1926=100. Industrials (350 stocks) .do... Public utilities (40 stocks) do.__ Kails (30 stocks) do___ FOODSTUFFS Page 110 Livestock: Cattle and calves: Receipts, principal markets thous. of animals. Disposition: Local slaughter .do... Shipments, total do... Hogs: Receipts, principal markets .do... Disposition: Local slaughter. .do Shipments, total do Sheep and lambs: Receipts, principal markets do Disposition: Local slaughter do Shipments, total.__ do 63.0 01.4 57.0 56.6 60.2 57.0 62.2 57.9 65.9 65.8 63.2 64.4 03.0 91.5 107.3 87. G 28.7 00.1 100.3 83.8 28.0 91.7 108.0 85.8 29.7 81.9 95.9 80.0 21. 8 83.1 97.0 82.4 25.0 86.0 100.5 84.7 25.9 86.1 100.6 84.9 25.7 86.3 100.5 87.0 25.4 92.4 109.4 84.3 29.7 95.3 112.7 86.0 32.9 94.2 110.9 87.3 31.6 91.8 107.9 86.7 29.6 92.7 108.8 88.4 29. G 1,247 1,204 1,542 1,467 1,737 1,476 1,007 1,764 2,117 2,438 1,912 1,404 1,565 810 433 807 490 952 579 869 581 l,0G8 647 934 540 971 604 972 795 1,019 1,074 1,124 1,270 9G3 973 833 572 .997 5-18 2,922 1,971 2,205 1,996 2,410 2,105 1,948 2,007 1,995 2,458 2,817 3,331 3,772 2,074 841 1,39S 560 1,054 547 1,509 485 1,822 575 1,535 500 1,394 540 1,451 550 1,458 534 1,825 617 2,177 665 2,482 849 2,753 1,007 1,424 1,546 1,766 1,993 1,951 1,711 2,042 2,392 2,625 2,007 1,907 1,514 1,728 863 559 953 595 1,046 720 900 1,082 1,070 884 913 804 983 1,040 968 1,419 1,064 1,564 1,075 1,520 944 984 848 671 1,071 653 1,326 1,943 3,170 3,236 1,329 1,955 3,623 3,115 1,168 1,672 3,463 2,774 1,187 1,736 3,473 3,015 1,227 1,715 3,666 3,066 1,064 1,619 3,323 3,096 1,155 1,949 3,397 4,205 1,074 1,811 3,065 3,770 1,150 1,928 955 1,858 3,167 2,950 1,101 1,978 3,93S 1,038 1,952 3,354 3,428 2,977 13,375 9,690 3,670 13,009 9,229 3,780 12,813 9,026 3,787 12,905 9,078 3,827 12,976 9,151 3,825 12,899 9,059 3.840 12,606 8,876 3,730 12,509 8,694 3,815 12,406 8,666 3,740 12, 575 8.810 3,735 12,862 '9,091 ' 3,771 12,996 9,273 3,723 35,457 237 530 778 31,400 1.302 1,940 3,711 8; 645 15,801 42,375 281 7S0 832 37,131 1,545 2,25f> 4,505 9,930 18,894 32,578 32.222 275 591 641 307 526 355 27,842 1,407 1,951 3,122 7,680 13,683 27,161 1,404 1,825 3.435 7,739 12,757 31,776 295 454 291 26,326 1,390 1,971 3,579 7,888 11,498 33,618 268 257 380 28,802 1,439 1,830 3,401 7.628 14,497 43,581 358 247 567 36,913 1,894 2,131 4,240 10,065 18,583 36,379 359 277 530 29,659 1,502 1,967 3.681 8,572 13,936 37,073 440 S34 67fi 29,247 1,470 2,171 3,783 9,508 12,24$ 32,057 383 241 564 24,688 1,172 1,923 3,228 9,036 9,328 28,41? 321 301 849 23,465 1,085 1,027 3,262 7,928 9,563 33,744 274 414 1,206 30,246 1,169 1,833 3,903 8,984 14,358 L9K3 530 2, 651 721 2,464 705 3,002 871 3,702 708 3,600 310 5,185 311 5,303 251 5,839 340 3,237 1,249 355 817 892 617 GOO 765 S34 877 983 1,032 1,098 772 1,033 890 1,175 L752 1,380 1,089 997 ••802 G59 554 477 525 483 4,344 3,739 1,472 2,156 111 9,573 5,137 4,583 1,747 2,723 113 10,109 4,211 4,350 1,529 2,719 108 9,998 4,418 4,753 1,415 3,230 100 9,919 4,870 5,750 1,370 4,267 113 4,510 5,056 809 4,102 85 8,300 5,492 4,919 611 4,205 103 8,891 5,007 5,621 1,249 4,227 146 8,364 5,431 5,18S 1,805 3,237 146 8,657 4,8G7 4,244 1,823 2,273 148 9,244 4,479 4,740 2,618 1,987 135 4,977 4,277 1,805 2,307 105 9,389 3,681 3,335 65 8,415 4,470 4,015 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 4,512 5,025 98 7,846 5,073 5,012 108 7,717 4,513 3,940 127 8,214 3,824 4,443 92 7,174 4,287 3,827 76 7,634 502,580 264 649,940 330 10 543,187 178 13 143 14 578,436 114 12 521,353 107 16 628,448 219 13 624,902 649 10 686,936 886 14 718,721 584 11 652,695 807 10 730,143 1,027 LEATHER AND PRODUCTS Pages 124, 125 Leather: Production: Calf and kip thous. of skins.. Cattle hides thous. of hides.. Goat and kid thous. of skins.. Sheep and lamb do Stocks of cattle hides and leather, end of month: Total... thous. of equiv. hides... In process and finished do Raw do. Leather manufactures: Shoes: Production, boots, shoes, and slippers: Total... thous. of pairs.. Athletic do.. All fabric (satin, canvas, etc.) do.. Part fabric and part leather .do.. High and low cut, total do.. Boys' and youths' do_ Infants' ...do.. Misses' and children's .do.. Men's do.. Women's do.. Slippers and moccasins for housewear thous. of pairs.. All other footwear do METALS AND MANUFACTURES Page 134 Steel, manufactured products: Boilers, steel, new orders: Area .thous. of sq. ft. Quantity.. number. <) RUBBER PRODUCTS Page 149 Pneumatic casings: Productiont .thousands. Shipments, totalf. do..., Original equipment*.... do.... Replacement equipment* do... Exports* _ do..., Stocks, end of monthf ..do..., Inner tubes: Productionf-_ do Shipments, totalf _ do.... Exports* do..., Stocks, end of monthf do TEXTILE PRODUCTS Page 154 Cotton: Consumption -.. bales.. 662,659 747 Exports (excluding linters) §..thous. of bales.. 37 Imports (excluding linters)§.._ do.... «• Revised. • Data for January arc the latest available. •New series. For the new series on pneumatic casings and inner tubes see tables 27 and 28, pp. 17-18 of the May 1939 Survey. tRevised series. For revised data on pneumatic casings and inner tubes for 1936,1937, and 1938, see tables 27 and 28, pp. 16-18 of the May 1939 Survey. ^Revised series. Data revised for 1937; see tables 19 and 20, pp. 14-15 of the April 1939 Survey. NOTE.—The data in the above tables present, in advance of the monthly Survey of Current Business, such items as were received during the week ended Saturday, March 16,1940. These figures, like similar information in the table entitled "Monthly business statistics" in each monthly issue, should always be read in connection with the detailed tables covering the respective items in the 1938 Supplement to the Surrey of Current Business, which contains a description of each series and a reference to the source of the data. Series marked with an asterisk (*) are exceptions, representing additions since the 1938 Supplement was issued, and similar data, if published, will be found in the monthly numbers indicated by the footnotes. Changes in the series are also indicated in the footnotes. The Surrey of Current Business, including 12 monthly Surveys of 56 pages each, and tho 52 Weekly Supplements, may be obtained from the Superintendent of Documents, Washington, D. C , for $2 per year. The 1938 Supplement may be obtained from the same source upon receipt of $0.40.
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