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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 5, 1942 SUMMARY OF BLSINESS TRENDS /^jHANGE-OVER of civilian industry to military output was ^ pushed during February. Manufacturers of domestic mechanical refrigerators were, informed that output for civilian use will be eliminated after April 30. Production of civilian radios is to cease shortly thereafter. Further curtailment of other civilian durable goods lines also is under way. The producers of textile machinery, for example, are now turning out direct war materials, and it is estimated that by midyear 40 to 50 percent of that industry's capacity will be devoted to ordnance work. Certain nondurable lines also are producing increasingly for military needs. Thus, civilian use of high-grade wool is to be cut drastically in the second quarter, while no limit is placed on wool consumption for military purposes. In effect, production of non-military worsted products will be limited to about 20 percent of the poundage of last year and that of non-defense woolen, cotton, and felt products to about 10 percent. No apparel wool is to be allowed for floor coverings; and the use of carpet wool is cut to one-fourth of the second-quarter 1941 volume. The effect of the wool limitation is tempered somewhat by an opportunity afforded to manufacturers for using larger amounts of mohair and low-grade wool, not suitable for military output, in combination with the higher grades. On the other hand, a more serious limitation to carpet production is the growing shortage of jute, most of which heretofore has been imported from India and for the carpet use of which scarce shipping space can no longer be allocated. It has been suggested to carpet makers that whenever possible they use their equipment for the manufacture of bagging materials, camouflage clcjtji,: rjlankets, /and other, essential military commodities. ^~u" v . .. • , • Data available on employment and income in January reveal a maintenance of the general business advance during that month despite reduced activity in a number of lines under conversion. The adjusted index of income payments climbed another 2 points to 150.3 of the 1935-39 average. 1 Agricultural income was stable, and the January increase* was concentrated in the commodity producing industries (a gain apparently further extended during February). Employment in January declined, but the reduction of 3 percent from December was largely seasonal in character and was less than that which usually occurs. Trade and contract construction were down considerably, but the decrease in the latter (both Federal and non-Federal) was less than seasonaj. In manufacturing, producers of consumer durables reported smaller employment, with the heaviest drop (50,000 workers) in the automobile industry. Offsetting this were sizable gains recorded in the finished armament lines. Altogether, civil non-agricultural employment approximated 39,850,000—some 2,700,000 above the January 1941 total. SELECTED BUSINESS INDICATORS (PERCENT Of CAPACITY) 120 4.0 1942^ 3.5 -^. 1941 ** /ry^ ^942 3.0 j * "*• 1941 2.5 r / 60 ^ \ 1940 . 40 1 . . • . 2.0 . l i i CRUDE OIL RUNS - TO- STILLS (MILLIONS OF BARRELS- DAILY AVERAGE) 5.0 (THOUSANDS OF CARS) (BILLIONS OF KILOWATT HOURS) 4.5 100 80 FREIGHT* CARLOADINGS ELECTRIC POWER PRODUCTION STEEL INGOT PRODUCTION 140 1, BITUMINOUS COAL PRODUCTION MISCELLANEOUS CARLOADINGS (DAILY AVERAGE-THOUSANDS OF TONS) (THOUSANDS OF CARS) 4.5 7 942 J ^y r " 4.0 3.5 ^T\ I 3.0 '-*- 1940 2.5 i COMMERCIAL LOANS F.H.A. HOME MORTGAGES (BILLIONS OF DOLLARS) (NUMBER SELECTED FOR APPRAISAL ON HOMES TO BE BUILT) 9 1 , i i . , WEEKLY WHOLESALE (1926-100) i . PRICES e 7 6 5 4 FACTORY EMPLOYMENT AND PAYROLLS INCOME PAYMENTS (SEASONALLY ADJUSTED 1935-39-100) 200 200 MONTHLY DATA ISO 180 160 160 140 140 120 120 100 _ - " —•1 .. 1 . . 1 . , 1939 PAYROLLS ^ _ * (UNADJUSTED) ^ X ^ ^ V ^ • ^^~ EMPLOYMENT (ADJUSTED) 100 80 445345—i2 (1923-25 -100) MONTHLY DATA 1940 194! 1 . . ,, 1 . . 1 , . 1942 1 •, 1 80 1939 1940 .....L.I.. 1941 1942 . 2 WEEKLY BUSINESS INDICATORS . (Weekly average, 1936-39=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 begincing September 1939 for the price index of 28 basic commodities, are shown in table 32, pp. 24-26 of the November 1941 SURVEY] 1943 Business activity:! New Ycrk Times$ Barron's, 1923-25*100 Business Weekg, 1293-25=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 133.7 134.9 136.6 139.9 123.0 122.0 101.4 101.7 141.8 142.1 142.8 144.5 131.0 130.0 106.2 108.3 172.1 170.1 169.9 170.4 149.0 146.8 110.3 111.4 96.5 96.2 95.7 95.9 80.5 80.4 78.4 78.6 101.9 100.7 100.1101.3 70.4 70.2 68.8 69.4 94.8 94.0! 93.7 93.9; 73.1 73.2 70.5 71.0 94.8 94.9 94.5 94.7 84.7 84.5 83.2 83.3 165.2 165.2165.2,165.3 164.8,123.2 122.2 116.4 116.1 103. t ! 103.1! 102.6' 102.4 102.6 86.0' 85.9 84.4 112.9 112.9 112.9 112.9 112.9 112.9 112.9 108.1 Copper, electrolytic! 176.6 175.4 181.2 94.1 92.9 99.8 Cotton, average, 10 markets!— 177.6 177.8 143.7 140.6, 233.8,149.8 133.9 127.2 Construction contracts?.._. Distribution: Carloadings , 118.8 120.0 120.2 125.1 116.0 104.0 97.3 Department store sales.., 110 116! 114 121| 10l| 88 95| 1941 1942 1940 1941 84.8 106.2 100.2 77.8 91.3 82 | 1940 Feb. Feb. Feb. Feb. Jan. Mar. Feb. Mar. Feb. 28 21 14 7 31 1 22 2 24 Feb. Feb. Feb. Feb. Jan Mar. Feb. Mar. Feb. 1 22 28 21 14 7 31 2 24 Employment, Detroit, factory, 102.5 102.7 122.1 109.9 1923-25=100 — Finance: 83.2 83.0 82.7 82.7 82.5*84.2 84.4 89.1 88.9 Bond yields* 67.9 67.7. 68.9 71.0 71.4 80.9, 79.2 99.1 99.7 Stock prices* Banking: Debits, outside N. Y. C . t - «131.9 143.8130.1 150.1 142.4,132.7,133.1 114.2 108.2 Federal Reserve reporting member hanks: 133.0 132.7 132.2 131.2 131.4 110.8 110.0 99.5 99.6 Loans, total ... 180.3 179.0 178.4 177.2 175.5 138.0 137.1 117.6 117.4 Currency in circulation! Failures, commercial, 1939=100. 76.0 84.5 74.2 85.2 87.6 107.8 103.9. 95.41 79.5 Production: 33.2 38.7 43.1 95.0 164.0 165.5 130.7'133.1 Automobiles. _ 141. 1139.9 138.0 143.6 138.4 133.6 112.9 118.8 Bituminous coalt ' 1160.7 145.2 152.8 I Cotton manufacturing! 160. 7 1G0.7JI63.1 162.8 140.5 140.2 120.6 119.6 Electric power 12S.8 128. 128.8137.0 122.3 114.7 114.7 120.0 117.9 Petroleum! 183.2 183.1 181.7 180.8 j 180.0 174.1,171.0 115.2 117.3 Steel© • Data do not cover calendar weeks In all cases. Seasonally adjusted. tDaily average. ©Index for week ended Mar. 7 is 1S5.0. §For New York Times index, computed normal= 100; this and the Business Week index have been revised beginning January 1941 to takn account of changing conditions resulting from the defense program; thp revised series were first published, respectively, in the Weekly for Jan. 15,1942, and Nov. fi, 1041. The Times index has been further revised for ly42 to exclude cotton-mill activity, the basic data for which have been discontinued; for revised data for all weeks of January, see issue ol Feb. 28. ©Thursday prices; August 1939=100. fSeasonally adjusted index compiled by the N . Y. Cotton Exchange. Index has been discontinued by compiling source. WEEKLY BUSINESS STATISTICS • 1942 COMMODITY PRICES, WHOLESALE Copper/electrolytic. New York!.... dol. perlb. Cotton, middling, l M«" average, 10 markets!*.,-do... Food index (Dun & Brad&trcet) 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: Federal Reserve bank credit, total-do.__ U. S. Government securities ...do... Member bank reserve balances do.._ Excess reserves, estimateddo Federal Reserve reporting member banks: Deposits, demand, adjusted— ...do... Deposits, time do.._. Investments, total. do U. S. Government direct obligations do... Obligations guaranteed by U. S. Govt do.,.. Loans, total do_— Commerc'l, tndust'l, and agricult'l loans do.._ Interest rates, calJ loans! percent. Interest rates, time loans! do... Currency In circulation! mil. of dol. Exchange rates: Pound sterling! dollars. Failures, commercial numberSecurity markets: Bond sales (N. F. 8. E.) thous. of dol. par value.. Bond yields (Moody's) (120 bonds) percent-. Stock sales (AT. Y. S. E.). thous. of sharesStock prices (iV. Y. limes). dol. per share.. Stock prices (Stand, and Poor's) (402) 11935-39=100.. Industrials (354) _ do.__. Public utilities (28) .do.... Railroads (20) do.-, PRODUCTION, CONSTRUCTION, AND DISTRIBUTION Production: Automobiles (Ward's) ^number.. Bituminous coalj thous. of sh,ort 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 Grains and grain products do Livestock do Merchandise, 1. c. 1 : do Ore do Miscellaneous do Receipts: Cattle and calvest thousands. Hogst do ... Wheat at primary markets thous. of bu.. 0.118 .197 3.51 38.15 1.26 0.118 .102 2.55 38.23 .80 0.118 .101 2.55 38.23 .76 0.113 .109 2.30 36.83 1.00 0.111 .109 2.34 36.83 1.03 0.110 0.110 2.33 36.38 2.32 36.38 .71 4,116 6,286 4,135 5,964 3,444 4,631 3,604 5,574 2,673 3,983 3,084 4,529. 3,548 4,501 2,638 3,298 2,316 2,243 12,849 3,326 2,339 . 2, 243 13,075 2,235 2,184 14,021 6,440 2,537 2,477 12,318 5,687 2.523 2,477 12,241 5,629 2,586 2,564 8,942 3,382 2,592 2,564 8,841 3,479 2,223 2,184 14,175 6,542 24,731 5,197 19,130 12,717 2,716 11,322 6,862 1.00 1.25 11,317 M.035 210 24,457 5,214 19,114 12,721 2,710 11,241 6,785 1.00 1.25 11,241 •4.035 241 24,747 5,241 19.087 12,689 2,709 11,255 6,778 1.00 1.25 11,133 •4,035 248 23,431 5,454 16,955 10,334 2,766 9,495 5,227 1.00 1.25 8,755 •4.031 305 23,157 5,466 16,958 10,420 2,760 9,423 5,220 1.00 8,701 •4.028 294 19,414 5,290 14.740 8,851 2,421 8,528 4,324 1.00 1.25 7,459 3.940 270 19,256 5,277 14,680 8,830 2,425 8,531 4,316 1.00 1.25 7,446 3.954 225 15,965 5,202 13,408 8,143 2,019 8,186 3,773 1.00 . 1.25 6,752 4.688 254 16,094 5,189 13,426 8,184 1,993 8,180 3,766 1.00 1.25 6,711 3.35 1,946 74.58 69.6 71.0 64.0 67.0 38,510 3.35 2,301 76.83 72.6 74.0 66.0 71.1 48.270 3.34 2,637 77.24 72.4 74.0 65.6 70.7 35,510 3.41 1,947 87.52 80.0 79.4 86.7 70.0 26,350 3.42 1,892 85.73 77.4 76.7 84.7 67.4 28,190 3.61 3,015 107.25 90.2 96.5 102.3 76.4 26,360 3.60 3.253 107.94 97.4 97.8 102.7 76.7 43,850 3.78 4,641 103.83 97.8 98.4 101.1 SO. 6 26,500 3.81 3,365 101.05 04.6 95.4 98.2 710 37,125 1.793 3,475 4,337 95.0 73,305 1.866 3,468 3,871 94.6 21,988 126.550 1,798 2.993 3.632 96.3 14,083 127,740 1,736 2.986 3.630 94.6 12,586 100,855 1,466 2,568 3,798 65.9 11,963 102,670 1,543 2,547 3,732 67.1 7,312 78,705 1.430 2,294 3,315 55.8 13,511 29,830 1.817 3,422 4,079 95.5 13,786 11,376 75,660 1,481 2,269 3,329 53.7 11,144 774.595 173.166 44,976 36,103 9,947 150.030 13.039 347,334 782.699 168,827 47,603 38,745 11,197 151,515 12,920 351,892 784,060 167.115 47.146 41,315 10.414 151.718 13,405 352,947 815.567 170.179 48,764 47,629 11,517 151.786 13.342 372,350 756,670 174.551 40,743 34,058 10.506 159,365 12.182 325,265 678,523 164,901 36,691 27.233 9.662 139.280 12.055 288,701 634.036 140,530 32,269 35.323 11.131 149.550 10.082 255,751 595.383 145.656 30,146 31.223 10.768 133.908 9,810 233,872 594.424 132,441 24.428 32,341 9.636 153.403 8,979 233,196 556,742 134.858 25.493 28.879 9.935 133.973 7,883 215,721 192 278 4,006 211 320 4,169 186 319 5,828 192 364 5,949 174 287 2,040 181 336 163 343 5,464 164 348 3,196 2,820 2,196 Feb. 14 Feb. 7 0.118 .193 3.56 38.15 1.24 0.118 .193 3.55 38.15 1.24 0.118 .192 3.53 38.15 1.22 a 118 .191 3.51 38.15 1.23 3,4*9 6,527 3,607 6,024 2,392 2,262 12,521 2,887 2,404 2,250 13,058 3,460 3,134 5,448 2,331 2,243 12,905 3,357 24.712 5,188 19.551 13.132 2,723 11,392 6,902 1.00 1.25 11,443 •4.035 215 24,961 5,191 19,163 12,730 2,719 11,369 6,889 1.00 1.25 11,355 • 4.035 239 36,940 3.37 1,684 73.54 68.5 69.4 64.0 68.2 49,310 3.36 1,994 73.28 68.5 69.5 64.1 67.4 96.3 25,645 1.833 3,424 4,077 96.2 Jan.31 1.25 Mar. 2 1939 Feb. 22 Feb. 21 3,800 1940 1941 Mar. 1 Feb. 28 Feb. 24 Mar. 4 Feb. 25 267 tPaily average. • Data do not cover calendar weeks in all cases. • Free rate. 1 Revised scries. See table 32, pp. 24-26 of the November 1941 SURVEV for stock prices beginning January 1939 and cotton prices beginning Aucust 1939*. ® Rate for week ended Mar. 7 is 97.2; data beginning with January 1942 are based on estimated capacity as of Dec. 31,1941 of 88,570,000 tons of steel ingots and steel for castings. , t Comparable data are not Available prior to 1940 because of a change in tho markets included in the data beginning with that year. A 1941 data are shown on a revised basis beginning with the Jan. 15f 1942 issue; 1941 and earlier revisions not published are available on request. MONTHLY BUSINESS STATISTICS - Earlier data are arailabte in monthly issues of the Survey and the 1940 Supplement BUSINESS INDEXES Income payments:! Indexes, adjusted: Total income payments 1935-39=100-Salaries and wnges do Total nonagricultural income do Total mil. ofdol.. Salaries and wages: Total do... Commodity-producing industries. . d o . . . Distributive industries .do... Service industries . do... Government do... Work-relief wages do... Dircct and other relief... do... Soc-see. benefits and other labor i n c . . d o . . . Dividends and interest do._. Entr'I inc. and net rents and royal's., do... Total nonagricultural income do... Agricultural income: Cash income from farm marketings: Crops and livestock, combined index: Unadjusted 1924-29=100. Adjusted do... Cmps .-do... Livestock and products do... Dairy products do... Meat animus. do... Poultry and eggs. do__. CONSTBUCTION Construction cost Indexes: American Appraisal Co.:t Average, 30 cities 1913=100. Atlanta.. ....do.... New York : do San Francisco do..., St. Louis --do E. H. Boeckh and Associates. Inc.:$ • Apartments, hotels, and office buildings: Brick and concrete: Atlanta . . . U . S. av., 1926-29=100.. New York do... San Francisco do— St. Louis _.___do— Commercial and factory buildings: Brick and concrete: Atlanta do... New York.— -do— San Francisco _ .do... St. Louis :. do... Brick and steel: Atlanta.. do..New York .do... San Francisco do... St. Louis do... ResirJences: Brick: Atlanta do... New York .....do... San Francisco do... St. Louis do... Frame: Atlanta do... New York .do.... San Francisco do St. Louis do. Federal Home Loan Bank Board:f Standard 6-room frame house: Combined index 1935-39=100.. Materials do. Labor do. 1942 1941 Janu* ary Janu- Novem- Decemary ber ber thous. of lines.. do. ....do. ....do. ....do. do. do. mil. of dol.. 1935-39-100.. do do ~_..do do— do.. EMPLOYMENT AND WAGES M50.3 r* 157.5 P 140.4 P8. 143 121.3 127.9 122.2 6,695 143.0 148.8 139 6 7.848 "5,432 "2,456 0) <•) "94 •168 *816 " 1,633 »7,283 4,422 ],779 974 905 C33 131 96 159 790 1.228 6,156 5,364 2,421 1,133 949 782 79 90 147 530 1,717 6,865 • 111.0 P131.5 > 120.0 • 142.fi M17.5 r 153.0 r 143.5 74.5 80.5 73.0 98.5 90.5 101.0 85.0 137.5 112.5 101.5 123.0 131.5 122.5 106.5 229 224 240 215 230 212 208 231 194 216 223 219 235 210 224 101.4 137.0 124.2 123.8 98.7 133.8 116.9 120.8 100.7 136.3 123.5 122.6 102.9 138.4 125.3 124.4 136.5 119.6 121.2 102.4 137.9 126.2 123.4 102.5 136.2 127.1 124.1 99.4 133.2 117.2 121.1 102.1 135.8 128.8 123.2 99.9 137.9 120.0 121.4 97.7 130.7 112.5 118.6 100.0 138.0 119.5 120.8 98.5 139.4 117.7 120.8 97.5 130.3 109.1 117.7 98.8 139.7 117.4 120.3 120.6 118.6 124.5 109.3 106.6 114.5 119.2 116.9 123.9 89,341 19,064 70,277 1,320 2,204 13,076 53,677 4,212 126.8 94.7 137.2 149.0 125.8 156.5 93,171 21,353 71,818 3,663 2,295 12,544 53,315 3,639 110.2 120.5 106.9 130.3 156.8 121.7 120,624 21,008 99,615 4,841 1,515 20,002 73,258 4.517 145.2 139.6 147.0 139.6 134.1 141.4 Employment—Continued. '148.8 Manufacturing,, unadjusted (U. S. Dept of 1E5.4 Labor)t 1923-25=100.. 141.3 Durable goodst do.... 9,080 Iron and steel, etc., not incl. mchy.. do . Blast furnaces, steel works, and rolling '5, £73 mills 1923-25=100.. '2,468 Hardware do ' 1,269 Struc'l and ornam'l metal work do... 9o2 Tin cans and other tinware do..., »8"2 Lumber and allied products.. do... '87 Furniture do.... 92 Lumber, sawmills do,.. 154 Machinery, excl. transp do ' 1,564 Agric'l implements (incl. tractors)..do... ' 1,692 Foundry and machine-shop prod—do..... ' 8,134 Radios and phonographs do... Metals, nonferrous, and products do..., Stone, clay, and glass products do..., Brick, tile, and terracotta do.... '128.5 Glass do.... 134.0 Transportation equipmentf do.... 124.5 Automobiles do.... '143.0 Nondurab'e goodst do.... '131.5 Chemical, petroleum", and coal prod.-do.._ ' 153.5 Chemicals . .. do.... 132.0 Paint? and varnishes.. do.__. Petroleum refining do.,., Rayon and allied products do.... Food and kindred products do.... Baking.. . .__.=:._ do.... Slaughtering and meat packing do...; 225 Leather and its manufactures do 222 Boots and shoos do.... 238 Paper and printing do 212 Paper and pu'p do 226 Rubber products do Rubber tires and inner tubes do Textiles and their productsf.. do.._. Fabricst do..*. 100.2 "Wearing apparel do.... 136.0 Tobacco manufactures.. do 123.2 Manufacturing, adjusted (Fed. Res.)t—-do 122.5 Durable goodst do Iron and steel, etc., not incl. mehy ..do.... Blast fur, steel wks., and roll, mills do 102.1 Hardware. do..., 137.7 Struc'l, and ornaml, metal work do.... 126.0 Tin cans and other tinware do.... 123.4 Lumber and allied products do Furniture..... do.... 101.3 Lumber, sawmills do... 135.3 Machinery, excl. trnnsp. equipment.do 128.3 Agric'l, implements (incl. tractors). do 123.1 Foundry and machine-shop prod..do Radios and phongraphs.. r do Metals, nonferrous, and products do 97.1 Stone, clay, and glass products do 136.1 Brick, tile, and terracotta do__. 117.6 Glass do.._ 120.4 Transportation equipmentfdo Automoniles „ .do 95.1 Nondurable goodst do 137.2 Chemical, petroleum, and coal prod..do 114.9 Chemicals do 119.8 Paints and varnishes .do Petroleum refining do Rayon and allied products .do 119.9 Food and kindred products do 117.7 Baking ....do.... 124.2 Slaughtering and meat packing do.__. Leather and its manufactures do Boots and shoos do Paper and printing do Paper and pulp do 125,484 Rubber products ~ do 20,534 Rubber tires and Inner tubes do.... 104,950 Textiles and their productst do 3,291 Fabricst do..., 1,702 Wearing apparrl do..., 17,047 Tobacco manufactures do 82,910 Nonmfpr., unadj. (U. S. Dept. of Labor): 5,473 Mining; 166.0 153.9 Anthracite 1929»100.. 169.9 Bituminous coal do Metalliferous do 138.4 Crude petroleum producing do.... 144.2 Quarrying and nonmetallic... do 136.5 Public utilities: Electric light and power.f do.... Street, railways and bussest do.,., Telephone and telegraphf do..., Services: M l , 073 Dyeins and cleaning do... '34,930 r 12,739 Laundries do... Year-round hotels ... do._. Employment: Employment estimates (TJ. S. Dept. of Labor): Civil nonagri. empl., total* thousands- 39,838 37,142 40,749 30,999 34.606 Employment in nonagri. estab., total, do 11.075 12, 756 12,594 Manufacturing — do 852 911 878 Mining . do. 1,623 1,961 * 1.874 1,713 Construction ....do Trade: 3.012 3.322 '3,296 3,262 Transportation and public utilities.do Retail, totalt __..: 6,487 '7,499 7,146 6,737 Trade. , r do 4,063 General merchandising"' 4,227 4,229 4,181 Financial, service, and misc do 3,887 Wholesale '4,387 4,281 4,330 Government.— do 9 Revised. » Preliminary, i Publication of data discontinued to avoid disclosure of military payrolls. •New series. See note on corresponding item in the January 1942 SURVEY. tRevised series. See note on corresponding item in the January 1942 SURVET. " fiSee note on corresponding item in the January 1942 SURVE\. 1943 1941 Govern- December ber January January 132.5 143.8 137.0 115.5 118.3 122.2 148.8 109.8 105.3 136.8 74.3 102.8 63.8 185.1 163.6 152.3 210.1 144.3 95.5 69.2 128.9 211.8 102.9 121.7 148.9 186.6 140.7 129.2 314. 5 135.1 148. G 143. 5 09.1 95.6 124 4 129. S 100.6 76 4 110.7 104.7 119.4 62.2 135.7 147.2 139.8 131.3 147.8 112.8 113.4 93.5 107.6 101.8 135.0 71.3 '77.9 93.7 108.4 62.5 '66.4 139.7 181.4 149.6 167.5 117.4 148.8 147.5 217.8 131.1 146.0 85.9 101.5 64.8 76.2 114.4 133.1 152.6 210.4 128.5 129.7 112.7 125.4 126.3 MS. 5 152.0 184.9 126.3 142.6 US. 1 129.2 313.5 322.9 121.4 145.7 MO. 5 153. 7 116.3 129.7 i3.4 96.7 91.4 92.3 11C.0 12G.7 115.7 128.7 98.8 111.5 77.9 106.4 ''86.4 113.4 99.7 106.1 116.7 124.8 60.8 C8.4 118.3 134.3 121.1 143.7 124.8 138.3 133 148 113 113 96 107 109 138 76.3 70.9 97 104 68 67 141.2 181.2 172 147 149 118 194 155 133.3 141.8 94.6 100.9 76 75 133 120 150.4 208.8 127 123 115.6 125.4 126.8 146.3 184 154 144 130 129 120 320 310 133.3 146.8 152 143 127 112 93.3 104.2 101 91 117.1 124.7 129 116 99.0 110 3 87 73 107.3 113.1 98.8 104.9 122.0 125.7 65.0 66.3 ' 148.6 ' 113.8 '105.7 ' 134.4 '76.6 '106.8 ' 65.3 ' 183.6 ' 167.2 '150.4 ' 219.1 ' 145.5 '99.7 ' 74.3 ' 132.0 ' 208.7 ' 116.2 ' 124.7 ' 148.6 ' 185.9 '142.2 '129.3 ' 321.1 ' 140.7 '151.5 ' 137.7 '99.2 ' 95.2 128.3 '129.1 '110.8 '85.4 '113.0 ' 106.2 ' 123.2 '67.4 ' 134.9 ' 144.4 139.5 '149 '114 107 M41 '78.1 105 68 '183.6 167 150 '207 * 143.7 '101.6 77 132 '205.1 '111 M25.9 ' 148.0 187 144 129 '320 147.2 152 133 '103.1 MOO 126.0 129 ' 110.1 85 '113.2 '104.4 '128.2 '66.3 EMPLOYMENT AND WAGES—Con. DOMESTIC TRADE Newspaper advertising: Lineage, total (52 cities) Classified -. Display, total Automotive Financial General Retail .-.., All retail stores, total sales* Index, unadjusted Durable goods Nondurable goods Inde.t, adjusted — Durable goods Nondurable goods Earlier data are available in monthly issues of the Survey and the 1940 Supplement do... do..., do.... 150 110 108 147 79.5 107 70 187.3 160 153 221 146.6 104.8 80 136 211.6 99 124.8 U9.6 189 144 130 311 147.9 152 139 99.0 96 124.9 130 100.8 76 111.0 103 6 124.9 67.9 134.8 144.6 138.8 '134.3 ' 144.3 ' 138.5 49.4 95.3 81.3 61.3 46.4 50 3 90.2 72.5 60.5 41.7 £0.2 '95.1 '79.5 'C0.9 '52 6 49.1 95.4 79.5 6!.O 50.8 P2.0 70.5 90.3 90.5 fiS.3 80.4 '93.4 '70.2 '90.1 93.3 70.4 109.8 10S.fi 94.2 101.0 117.2 101.4 '180.9 92.9 '96.1 113.1 108.4 95.6 95.7 105.3 94.9 90.5 '103.0 94.0 '125.9 91.2 ' 9 6 . 3 112.8 161.0 96*5 MONTHLY BUSINESS STATISTICS—Continued Earlier data are arailable in monthly issues of the Survey and the 1940 Supplement EMPLOYMENT AND WAGES—Con. Pay rolls (U. S. Department, of Labor): Manufacturing, unadjustedt. 1923-25*= 100.. Durable goodsf „ do Iron and steel and their products, not including machinery 1523-25=100.. 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--Furmture.. _.do..Lumber, sawmills do.-. Machinery, excl.transp. equip.•_. do..Agric'l implements (inch tractors) do... Foundry and machine shop prods do... Radfo and phonographs do-.. Metals, nonferrous, and products..do... Stone, clay, and srlass products do._Brick, tile, and terracotta do.-.. Glass do.-. Transportation equipmentf do. . Automobiles do--. Nondurable goodsf do-_. Chemicals, petroleum, and coal products 1923-25=100.. Chemicals do Paints and varnishes do Petroleum refining do Rayon and allied products do.-.. Food and kindled products do Baking do Slaughtering and meat packing..do Leather and Its manufactures do Boots and shres __ do Paper and printing _ do Paper and pulp.^ do Rubber products do Rubber tires and Inner tubes d o . . . Textiles and their produetsf do... Fabricsf do... Wearing appnre) do Tobacco manufnetures do Nonmanufacturing, unadjusted: Mining: Anthracite 1929^100.. Bituminous coal -.do.... Metalliferous. _. do Crude petroleum producing do... Quarryins and nonmetallie do... Public utilities: Electric lisht and powerf do... Street railways and bussesf do... Telephone and telcgraphtdo... Senices: Dyeing and cleaning do... Lnnndries __ do Year-round hotels.. do Trade: Retail, totalt do General merchandising! do Wholesale.; _. do. 1941 1942 January January Novem- December ber 173.2 203.9 120.7 132.0 '165.4 190.3 '170.2 195.9 174. S 130.8 r 171.9 '175.0 185.3 149.9 122.3 178.5 81.1 111.0 66.4 2S2.9 139.9 130.4 89.4 114.8 68.1 84.2 59.2 167.5 183.2 148.2 116.3 '165.8 '86.4 US. 8 '70.2 255.3 ' 185.0 ' 152.7 '120.1 ' 173. 6 '85.8 '120.9 '68.0 ' 271.3 228.8 ISO. 9 211.2 274.8 196.5 100.4 64.4 171.2 327.8 155.8 138.7 128.7 144.9 146.0 79.6 54.6 131.0 * 176.3 147.7 108.1 191.4 r 268. 2 r 181.9 106.1 72.9 109.3 287.8 175.8 ' 137.4 '202.8 ' 2S7.9 -193.1 '106.8 '72.5 ' 172.2 '290.0 ' 147.9 ' 141. 3 203.3 280.0 172.8 171.fi 392.0 154.2 156.4 183.2 107.7 101.4 136.2 172. 3 134. 9 114. 6 119.1 121.3 107.4 71.1 142.1 188. 2 137.4 132.2 335.9 120.2 134.5 119.7 83.3 80.1 115.4 127.5 111.6 97.9 '95.0 93.1 r93.1 59.3 t 195.6 264.6 r 172. 2 167.8 r 385.2 ' 157. 7 159. 7 153.5 '97.0 '88.4 t 137.5 ' 166.9 141.0 117.6 '118.2 ' 200. 0 '271.6 '176.0 ' 173.9 391.2 ' 157.1 ' 157. 5 ' 168.5 ' 106. 7 ' 99. R '144.1 ' 169.9 MR9 ' 109.6 77.1 38.9 116.7 94.4 65.2 47.7 38.5 87.8 70.4 56.2 36.9 ••116.3 '89.8 '64.2 57.5 114.3 80.0 124.1 105.1 70.7 103.9 rll5.2 '78.2 rll8.3 116.3 80.1 124.1 8P.7 103.9 91.9 73.3 89.8 84.1 '93.0 101.9 '93.2 88.5 102.7 93.5 95.0 105.5 91.9 ' 83.7 86.5 '98.5 '117.8 '91.6 107.9 150.6 ft?. 7 17.9 25.2 23.0 '25.0 199.4 188.0 214.5 '211.4 39.8 44.7 40.8 '44.9 290.5 288.3 300.3 '297.6 66.0 531.6 68.2 503.5 81.6 527.7 103.6 537.9 962 53 65 159 604 81 1,124 43 54 161 771 95 11,8S8 359 599 4,217 5,084 1,629 842 38 51 167 529 57 9,197 448 618 3,827 3,472 832 62 63 146 540 87 13,469 863 1,161 5,651 - 4,323 1,471 ' 219.0 41.8 Dairy products: Production: Butter, creamery (factory)..-thous. of lb. Cheese, total (factory) do ... Condensed and evaporated milk, case goods: Condensed, sweetened thous. of lb.. Evaporated, unsweetened do.... Stocks: Condensed and evapor'd milk, case goods: Condensed, sweetened thous. of lb. Evaporated, unsweetened do Meats, production (inspected slaughter): Total meats.mil. of lb. Beef and veal thous. of lb., Lamb and mutton do... Pork (including lard): Total _ do... Lard _ do:-. Tropical products: Coffee, visible supply, U. S-.thous. of bags. 121,410 69,850 135,605 49,720 115,053 67,650 117,865 69,340 3,079 310,952 170,869 8,126 257,649 7,086 286,776 6,428 7,810 11,906 252,532 189,246 417,643 12,024 328,475 1,728 605,041 68,781 1,684 575,794 65,816 1,394 535,884 57,244 1,053,759 788,844 800,819 1,042,675 203,306 138,836 141,579 190,337 1,327 1,471 1,300 39,543 357 435 1,320 34,667 1,399 2,145 3,818 11.9S4 15.320 380 414 1,586 32,215 1,359 2.148 3,909 10,254 14,544 34,768 478 231 845 27,627 1,399 2.153 3,505 10,769 9,801 ' 38,255 '442 '328 '1,052 '32,552 '1,621 '2,296 '3.888 ' 12,022 ' 12,725 1,995 1,713 496 5,136 452 '3,422 '459 311,904 261,298 300,308 291,998 243,394 320,860 143.477 170,275 142,030 300,823 319,282 123,571 231,961 84,628 80,787 229,799 89.124 84;141 263,889 82,621 84,331 274,471 81,680 83.. 998 11,427 366,236 46,362 18,438 301,562 34,719 9,904 333,120 53,459 7,586 330,259 55,037 thousands«. do dot... do 1,461 1,231 985 4,643 5,480 4,850 2,291 9,797 3,964 4,048 1,804 4,043 2,967 2,604 1,289 4,417 do. do i...do 1,377 1,261 4,757 5,113 4,474 7,633 3,725 3,825 4,377 2,729 2,390 4,678 732 1,484 10,146 2,071 1,608 11,687 1,133 1,922 11,168 1,115 .1,448 11,182 18,756 17,044 91,832 23,443 14,437 89,300 21,104 24,502 19,642 17,380 92,998 6,265 5,875 16,862 6,987 5,441 21,900 5,484 7,347 17,175 6,300 6,900 16,475 1,701 1,642 61 3.6 66,870 45,798 21,072 108 6.7 40,030 26,427 13,603 4.1 75,559 52,563 22,996 62 3.7 73,697 50,661 23,036 3,378 8.6 249 229 20 5, $53 14.7 120 107 13 3,634 9.2 281 256 25 3,370 8.6 258 237 21 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, leather, total do... Boys' and youths' do... Infants' _ do... Misses' and children's do... Men'sS do... Women's do... Slippers and moccasins for house wear thous. o; pairs. All other footwear do... ••mo PAPER AND PRINTING Newsprint: Canada: Production short tons. Shipments from mills do... Stocks, at mills, end of month do... United States: Consumption by publishers do... Production _. do... Shipments from mills do... Stocks, end of month: At mills do... At publishers do... In transit to publishers do... 35.9 119.6 90.9 64.9 56.0 1,356 496,850 69,936 RUBBER AND PRODUCTS Pneumatic casings: Production Shipments, total Original equipment Stocks, end of month Inner tubes: Production Shipments, total Stocks, end of month METALS AND MANUFACTURES 9,916 589 851 3,550 3,641 1,285 15,651 13,641 14,481 15,635 11,051 4,600 9,054 4,587. 10,395 4,086 11,135 4,500 13,449 661 12,311 1,330 13,050 1,431 14,215 1,420 Pig iron and iron manufactures: Boilers and radiators, cast-iron: Boilers, round: Production thous. of l b . . Shipments -do Stocks, end of month do Boilers, square: Production. do. Shipments.. do Stocks, end of month-do Radiators, ordinary type: Production thous. of sq. ft. heating surface.. Shipments.--do Stocks, end of month do TRANSPORTATION EQUIPMENT Railway equipment: Association of American Railroads: Freight cars, end of month: Number owned .thousands.. Undergoing or awaiting classified ropairs thousands * Percent of total on line Orders, unfilled. cars..Equipment manufacturers 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 ' Revised. •New series. See note on corresponding item in the January 1942 SURVEY. t Revised series. See note on corresponding item in the January 1942 SURVEY. fiBeginning 1941, data include a small number of pairs of shoes other than men's leather (nurses, athletic, etc.) made for Government contract. Novem- December ber January LEATHER AND PRODUCTS * 109.5 ' 122,1 '123.6 '111.7 '76.7 ELECTRIC POWER Electric power, production, total mil. of kw.-hr.. By source: Fuel _ do..-. Water power do By type of producer; Privately and municipally owned electric utilities ..mil. of kw.-hr.. Other producers do 1941 1943 January FOODSTUFFS FINANCE Banking: Installment loans to consumers:* By credit unions: Loans made mil. of dol.. Amount outstanding, end of month mil. of dol.. By industrial banking companies: Loans made do Amount outstanding, end of month mil. of dol-. By personal finance companies: Loans made do Amount outstanding, end of mo.._do Commercial failures: Grand total . number.. Commercial service, total do Construction, total _.do Manufacturing and mining, total...do.... Retail trade, total __ __do---Wholesale trade, total __do.--. Liabilities, grand total... thous. of dol.. Commercial service, total do Construction, total do Manufacturing and mining, total....do Retail trade, total _ ..do Wholesale trade, total do Earlier data are available in monthly issues of the Survey and the 1940 Supplement U . S . GOVERNMENT PRINTING OFFICE) 1,694
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