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, MAY 8, 1941 SUMMARY OF BUSINESS TRENDS n p H E FIRST decline in industrial output in more than a year and grain also fell, but miscellaneous freight mS$etfin larger X was caused by management-labor disputes in April. De- volume. Ore shipments rose sharply with the opening of Lake mand remained extremely heavy and activity in a number of traffic. Decreased industrial activity also reduced electric power defense and nondurable industries expanded. However, reduced output, the weekly average of 2,816 kilowatt hours in March production in coal, steel, and automobiles more than offset other falling to 2,738 in April. gains to bring some decrease in aggregate output. In the price area, two developments featured the events of The largest decline occurred in bituminous coal. Closing of April. The first was the establishment of maximum prices for most union mines throughout the month reduced output about iron and steel by the Office of Price Administration and Civilian 87 percent, a drop equivalent to a more than 4-point decrease in Supply, and the second, the slackening in the pace of the recent the Federal Reserve adjusted index. Moreover, by the end of the advance in basic commodity prices. In the course of the month, month the steel industry felt the effects of the coal stoppage and the 28 commodities index (August 1939—100) rose from 134.4 to activity fell from 100 percent of capacity to 94 percent. Another 137.2, a comparatively small rise for this sensitive index. Moresharp decline was created in the automobile industry by the shut- over, in contrast to the experience of recent months, little ^own-of"the-Ford-Motor~eompany;—ThirlOwered~to~taTweeEly~ "change occurred in import prices. Rather, the rise was chiefly output of cars to 100,000 units and decreased production for the confined to a few farm and food products now being purchased in month as a whole by about 15 percent. Among other industries the open market by the Government. Such purchasing is of importance for which weekly data are available, cotton con- largely for export (as in the case of lard, where prices advanced sumption again increased more than seasonally, while production from 7.9 cents a pound to 8.5 cents), or it represents an effort to of crude petroleum remained virtually unchanged. support prices in order to expand output (as in the case of hogs* The drop in coal activity was the chief reason for an 8-per- the price of which increased from $7.92 per 100 pounds to cent decline in aggregate freight carloadings. Shipments of coke $8.77). SELECTED BUSINESS INDICATORS STEEL INGOT PRODUCTION (THOUSANDS OF CARS) (BILLIONS OF KILOWATT HOURS) AUTOMOBILE PRODUCTION BITUMINOUS COAL PRODUCTION COMMERCIAL LOANS (THOUSANDS OF VEHICLES] (DAILY AVERAGE-THOUSANDS OF TONS) (fltULIONS OF DOLLARS) CRUDE OIL RUNS-TO-STILLS MISCELLANEOUS CAR LOADINGS F H.A. HOME MORTGAGES (MILLIONS OF BARRELS-DAILY AVERAGE) (THOUSANDS OF CARS) DUMBER SELECTED FOR APPRAISAL ON HOMES TO BE BUILT) PRICES OF 350 INDUSTRIAL STOCKS PRICE INDEX OF 28 BASIC COMMODITIES 160 FREIGHT- CARLOADINGS ELECTRIC POWER PRODUCTION (PERCENT OF CAPACITY! (INDEX, 1926-100) (AUG. 1939-100) THURSDAY FIGURES 140 . 120 100 80 / I .. 1. . 1 . , 1 . . . . f . . 1 , . 1938 313562—41 1939 I . . ,, 1 , , 1 . , 1 . , 1940 .. 1 , , 1 . . 1 , . 1938 1939 1940 194) WEEKLY BUSINESS INDICATORS' [Weekly average, 1923-25*= 100, except as indicated] Business activity:! New York Times§ Barrons'.. ., "Business week Commodity prices, wholesale: Dept. oi Labor: Combined index, 1926=100.. Farm products Fcod All other.. Fisher's index, 1926= 100: Combined index Copper, electrolytic! Cotton, middling, spot.. Construction contracts! Distribution: Carloadings Department store sales A Employment, Detroit, factory. Finance: Bond yields! Stock prices! 83.0 74.3 78.1 86.1 137.7 137.4 May Apr. Apr. Apr. Apr May 3 26 19 12 5 4 pr. Apr. p May Apr, May Apr. p Apr. 6 29 4 27 19 12 5 120.4 118.6 120.6 101.5 100.1 92. 92.3 130.4 130. 7 131.2 132.: 101.0 99.8 79.0 83.4 138.2 137.7 138.0 139.; 106.9 105.4 91.8 94.5 83.0 75.0 77.8 86.0 138.5 89.7 89.9 85.5 85.5 85.5 43.4 41.5 42.3 110.1 82.9 74.9 77.5 85.9 137.4 72.7 76.7 85.8 135.4 78.9 71.3 72.5 82.6 115.1 76.1 79.0 71.6 63.6 63.9 72.8 68.3 68.6 82.5 80.9 80.8 115.9 89.2 88.7 84.3 84.6 79.9 80.1 86.2 85.5 79.7 80.4 72.5 71.7 40.8 42.3 40.8 40.8 34.2 33.8 88.1 90.9 85.1 75.8 74.4 71.4 71.7 69.9 67.7 60.0 61.4 114 117 136 131 108 98 104 98 108.8 108.9 96.0 58.6 58.8 59.1 58.9 58.8 61.0 61.4 66.2 66.6 86.5 86.8 87.6 89.5 91.7 111.3 111.8 96.0 94.3 1939 1940 1941 1939 1940 1941 May A,,. May Apr. 6 29 Finance—Continued. Banking: Debits, outside N . Y. C . ! . . . . 117.5 116.6 116.2 103.4 132.9 101.3 91.2 96.2 Federal Reserve reporting member banks: Loans, total , 79.0 78.7 79.0 78.8 78.6 69.3 69.2 64.6 64.8 Interest rates: 24.2 .24.2 24.2 •4.2 24.2 24.2 24.2 24. 24.2 Call loans!. 28.6 28.6 28.6 28.6 28.6 28.6 28.6 28.6 28.6" Time loans! 187.3 185.3 185.3 185.3 184.4 156. 2 155.1 142.6 141^ Currency in circulation! Production: 166.1 137.6 127.1 126. 2 147.9 126.3 129.0 90.8 110. 2 Automobiles.:.. Bituminous coal! 15.7 13.7 11.7 36.4 78.2 76.8 27.4 33.1 164.9 176.8 165.8 114.L8 114.8 15.3 110.7 Cotton consumption! 165.1 162. 2 163. 3 1£6. 8 .43. 2 143.9 129.9 131.0 Electric powerf. 51.6 49.2 48.9 Lumber 56.3 fifl. 3 55 2 53.6 190.7 177.6 .76.9 Petroleum! • 184.8 186.1 178.7 174.3 Steel ingots© 165.9 168.9 172.9 174.7 174.5 106.0 102.9 82.1 83.5 Receipts, primary markets: 60.7 (32. 56.5 60.6 57.8 59.2 61.4 63.4 Cattle and calves 45.7 46.8 40.0 45.4 50.6 39.6 38.5 39.8 Hogs 76.2 77.7 60.8 61.9 56.5 "35.8 53.1 16.9 25.4 Cotton... Wheat... _. 51.0 51.2 51.9 45.9 46.4 103.9 101.2 59.8 56.1 • D a t a do not cover calendar weeks in all cases. ^Seasonally adjusted. JDaily average. fWeekly 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 May 10 is 170.3. Data for 1941 are based on production of steel ingots and steel for castings. ©Thursday prices; August 1939=100. 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. WEEKLY BUSINESS STATISTICS • 1940 1941 May 3 COMMODITY PRICES, WHOLESALE Copper, electrolytic, New York! dol. per l b . Cotton, middling, spot, New York do... Food index (Dun & Bradstreet) do..Iron and steel, composite dol. per tonWheat, No. 2, Hard Winter (Kansas City)..dol. per b u . Banking: FINANCE 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.~ U. S. Government direct obligations do-__ Obligations fully guaranteed by U. S. Government „ mil. of doL Loans, total§ do Commercial, industrial, and agricultural loansS mil. of dol.. Interest rates, call loans! percent.. Interest rates, time loanst --do Exchange rates: Pound sterling! .^.dollars.. Failures, commercial __ ...number.. Currency in circulation! mil. of dol_. Security markets: Bond sales (2V. Y. S. E.) thous. of dol. par value.. Bond yields (Moody't) (120 bonds)*.. ..percent.. Stock sales (N. Y. S. E.) thous. of shares.. Stock prices (N. Y. Timcs)t dol. per share.. Stock prices (Standard and Poofs) (420)....1926=100.. Industrials (350) do~ Public utilities (40) do____ Railroads (30) do PRODUCTION, CONSTRUCTION, AND DISTRIBUTION Production: Automobiles!..number.. Bituminous coal! _ thous. of short tons.. Electric power —.mil. of kw.-hr.. PetroleumJ thous. of bbl_. Steel ingots© pet. of capacityConstruction 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 calves _ ...thousands.. Hogs do.-. Cotton into sight thous. of bales.. Wheat, at primary markets .thous. of bu_. 1939 May 7 0.100 .093 2.27 36.21 .75 0.099 .092 2.27 36.26 .71 0.098 .087 2.36 38.52 .81 0.098 .088 2.36 3S.54 .83 3,639 4,228 4,136 4,465 2,831 3,801 4,105 3,741 2,500 2,467 12,870 6,107 2,501 2,467 12,883 6,116 2,572 2,564 9,872 4,084 2,580 2,564 9,903 4,124 2,589 2,564 7,504 2,442 2,586 2,564 7,661 2,579 23,093 5,441 17,124 10,578 19,696 5,305 14,881 8,960 19,764 5,313 14,934 8,975 16,660 5,248 13,714 8,341 16,742 5,235 13,675 8,270 14,450 5,226 12,325 8,001 14,598 5,230 12,257 7,987 2,751 9,846 2,753 9,828 2,427 8,661 2,427 8,650 2,026 8,071 2,030 8,100 1,199 8,587 5,530 1.00 1.25 M.014 267 8,997 5,494 1.00 1.25 "4.029 240 8,996 5,465 1.00 1.25 ° 4.030 267 8,956 4,409 1.00 1.25 «3.494 292 7,585 4,419 1.00 1.25 « 3.513 311 7,531 3,841 1.00 1.25 4.681 281 6,923 3,844 1.00 1.25 4.681 326 6,885 1,322 8,517 4,126 1.00 1.25 4.988 6,416 6,378 44,540 3.39 2,406 84.34 72.4 84.0 69.8 26.7 34,610 3.41 2.466 85.10 73.6 85.4 71.3 26.6 37,090 3.40 2,326 86.91 74.5 86.3 72.7 26.8 79,680 3.39 3,186 89.01 76.4 88.8 73.8 27.5 30,460 3.52 3,999 108.13 29,840 3.54 4,623 108.56 26,340 3.82 108.7 86.9 29.0 29,070 4.35 3,643 79.99 73.3 87.2 67.0 21.4 26,170 4.38 2,495 10 07.3 87.1 28.4 24,190 3.84 2,858 91.57 81.0 94.6 80.5 24.1 108,165 267 2,750 3,727 96.0 99,945 233 2,702 3,753 98.3 17,671 200 2,721 3,604 99.3 13,669 116,255 620 2,779 3,514 99.2 99,305 1,331 2,386 3,679 61.8 101,405 1T" 71,420 467 2,164 3.581 47.8 86,640 564 2,183 3,568 48.6 14,147 53,385 794 1,939 3,382 30.7 50,755 851 1,939 3,396 32.0 11,239 721,702 48,327 40,522 33,743 12,523 162,055 75,436 349,096 708,651 42,556 40,894 33,512 11,502 161,009 74,345 344,833 679,808 41,070 39,282 33,696 10,788 161,667 45,951 347,354 683,402 69,001 644,804 125,209 33, 718 35,936 12,352 148,637 20,881 268,071 572,025 65,302 30,121 34,016 13,876 153,808 16,612 258,290 585,190 80,154 29,253 35,229 14,106 153,432 15,890 257,126 536,149 81,086 25,809 32.549 13,060 150,750 7,884 225,011 543,089 35,405 10,837 162,942 18,238 348,297 665,510 129,723 31,215 33,171 13,073 149,906 35,482 272,940 192 296 202 4,071 198 304 158 4,130 178 259 161 3,653 191 295 147 3,690 183 329 187 257 138 194 250 44 4,758 200 258 66 ,4,461 200 255 64 3,7G8 210 264 82 •3,188 Apr. 19 Apr. 12 0.118 .118 2.80 38.15 .87 0.118 .113 2.78 38.15 0.118 .115 2.77 38.15 0.119 .111 2.75 38.15 0.118 .115 2.72 38.15 0.110 .111 2.34 37.17 1.05 0.111 .111 2.33 36.57 1.08 3,691 5,445 3,752 5,405 3,398 5,387 3,243 4,794 4,720 6,160 3,489 4,697 2,234 2,184 13,524 5,771 2,239 2,184 13,506 5,760 2,286 2,184 13,979 §,264 2,235 2,184 13,656 6,027 2,244 2,184 13,506 5,941 23,712 5,452 17,680 10,812 23,762 5,443 17,715 10,810 23,577 5,450 17,292 10,739 23,430 5,457 17,292 10,726 3,115 9,870 3,101 9,831 2,755 9,871 5,532 1.00 1.25 • 4.030 272 9,095 5,509 1.00 1.25 M.024 272 8,997 47,490 3.38 2,137 83.96 71.9 83.6 68.2 26.7 130,610 94.3 4,056 92.4 93 8,263 3,845 60.0 14,597 8,049 May 6 1938 Apr. 29 Apr. 5 May 4 I Apr. 27 Apr. 26 93.23 83.1 97.2 81.6 24.9 tTW * — *Data do not cover calendar weeks in all cases. ^Source: Ward's Automotive Reports. SData 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. pRate for week ended May 10 is 96.8; data for 1941 are based on capacity Dec. 31,1940, of open-heartn, Bessemer, and electric ingots and steel for castings. Apr. 30 4,187 1.00 1.25 4.988 79.26 74.0 •88.1 67.4 21.6 26,568 35,338 12,630 149,957 10,928 227,579 MONTHLY BUSINESS STATISTICS Monthly statistics through December I93tf, together with explanatory notes and references to the sources of the data, may be found in the * 1040 Supplement to the Survey COMMODITY PRICES Page 11 Prices received by fanners (U. S. Department of Agriculture): ! Combined i n d e x . . . . __ 1909-14=100.. Chickens and eggs .do Cotton and cottonseed.. do Dairy p r o d u c t s . . . . . . . _ _ . do Fruits. ._ __i_ do. Grains .do Meat animals. do Truck crops-i ___ do Miscellaneous. . ido 1941 April 110 104 88 121 89 90 137 161 94 1940 April 98 82 85 110 81 96 104 128 100 May 98 84 83 106 88 92 108 117 101 June 95 81 81 104 104 83 102 112 100 July 1941 August 96 90 77 109 79 76 110 107 107 95 80 105 78 110 97 104 76 111 73 77 114 114 95 October No v e m b e r - De c e m b 8 r " 112 78 116 79 80 112 99 100 99 120 79 121 71 83 112 98 90 101 122 79 128 75 81 111 J arT 104 100 80 121 78 34 130 117 104 F SyU* M ^ ° 103 90 80 118 80 81 130 156 93 103 90 82 118 83 84 129 134 91 FINANCE Pages 49, 68, 74 Banking: • i Federal Reserve banks, condition, end of month: ; Assets (resources), total ^...mil of dol. 23,409 23,528 20,042 20,585 .21,408 21,801 22,176 22,440 22,865 23,017 23,262 Reserve bank credit outstanding, total • mil.. of dol. 2,484 2,518 2,485 2,519 2,243 2,265 2,250" 2,274 2,304 2,412 2,531 2,234 2,516 eiflls bought __ 0 0 do 0 0 0 0 0 0 0 0 0 0 0 3 Bills discounted ". 3 2 4 2 do 5 4 3 3 4 4 3 2 United States securities 2,448 2,466 2,434 2,477 2,184 2.184 2,333 2,467 2,184 2,184 2,199 2,436 do 1 2,184 Reserves, total.. __ 18,120 18,579 18,959 19,272 19,632 19,881 20,036 20,285 20,366 20,436 20,533 16,809 17,346 .do,.. Pold certificates...... 17,754 18,202 18,618 18,940 19,289 19,586 19,760 19,913 20,031 20,112 20,193 16,428 16,994 do Liabilities, total L... 23,686 20,042 20,585 21,408 21,801 22,176 22,440 22,865 23,017 23,262 23,306 23,528 23,409 do —D6pits7trai; i~~~~ dt 16,272 16,220" "14,152 nr575 1 5 ; 213 15,575 "15,867 16,063 16,218 16,191 16,127 16,396 16,351 Member bank reserve balances, total mil. of dol. 13,524 12,919 13,237 13,781 13,498 13,541 13,727 14,208 14,215 14,026 13,930 14,203 13,371 Excess reserves (estimated) do... 6,655 6,514 6,385 6,857 5,770 6,960 6,525 6,149 6,534 6,380 6,615 6,849 5,776 Federal Reserve notes in circulation 5,248 5,199 6,143 5,577 5,057 4,941 6,282 5,931 5,743 5,450 5,370 mil. of dol. 6,022 91.2 89.6 89.2 88.4 90.1 89.3 88.0 91.3 Reserve ratio ....percent91.0 90.8 90.6 91.0 Monetary statistics: Foreign exchange rates: .298 .298 .298 .298 .298 Argentina dol. per paper peso. .298 .061 .061 .061 .061 .061 .061 .061 .061 .060 .061 .061 .061 Brazil, official._. ...dol. per milreis. .061 .302 .301 .302 .301 .301 .301 .302 .301 .302 .301 .301 British India .dol. per rupee. .301 .850 .866 .855 .869 .869 .801 .869 .810 .842 .877 .848 Canada. ,. dol. per Canadian dol. .837 .052 .052 .052 .052 .052 .052 .052 .052 .052 .052 .052 .052 .052 Chile—-_..doL per peso. .570 .571 .570 .570 .570 .571 .572 .570 .570 .570 .570 .571 .570 - Colombia ... do... .400 .400 .400 .399 .400 .400 .400 .400 .400 .401 .400 .400 .400 - Germany dol. per reichsmark. .050 .050 .050 .050 .050 .050 .050 .050 .050 .050 • 050 .050 .050 Italy dol. per lira.234 .234 .234 .234 .234 .234 .234 .234 .234 .234 .234 .234 .234 Japan.-. dol. per yen. .205 .204 .203 .199 .200 .199 .184 .204 .167 .167 .205 .205 .205 Mexico.. dol. perpeso. .238 .238 .238 .238 .238 .238 .238 .238 .238 .237 .238 .238 .238 Sweden. , _.dol. per krona.. 4.032 4.035 4.033 4.034 3.979 3.805 3.602 4.036 3.274 3.526 4.025 4.034 4.030 United Kingdom ._ dol. per £ . Security markets: Stocks: Dividend declarations (2V. Y. Times): Total. thous. of dol. 199,198 180,341 449,981 239,426 194,824 365,553 209,482 221,404 685,574 331,721 218,317 375,872 231,737 Industrials and miscellaneous do.... 192,375 176,637 420,278 223,372 182,232 347,331 207,354 213,843; 635,110 305,652 204,574 360,210 226,315 5,422 2,128 -. Railroads. ..do... 50,463 26,069 13,743 15,662 7,561 3,7C4 29,703 16,055 12,592 18,222 6,823 Prices: Dow-Jones & Co., Inc. (65 stocks): 41.60 44.72 41.21 •43.82 45.04 44.40 42.50 41.64 43.48 dol. per share.. 39.99 49.92 40.74 122.52 121.68 Industrials (30 stocks)..,. :__do 119.10 148.91 130. 76 119.46 122.23 125.32 131.46 132.39 133.90 130. 45 130.17 19.56 22.07 19.37 20.17 21.22 22.18 19.91 22.42 .22.22 21.45 • Public utilities (15 stocks) do---. 20.15 18.66 25.09 28.03 28.83 27.54 29.01 29.36 28.43 27.61 26.43 26.52 Rails (20stocks)...... do.-.. 24.66 28.48 31.00 26.83 97.29 87.66 87.07 93.24 95.86 96.27 93.68 90.46 95.20 89.17 85.41 New York Times (50 stocks) do..-. 109.17 92.21 154.86 Industrials (25 stocks) do.... 150.17 195.13 170. 95 159.61 161.49 164.48 171.50 173. 26! 170. 32 167.16 165. 43 154.20 21.34 19.94 21; 06 21.40 21.05 19.43 19.46 20.46 18.72 20.65 20.21 Railroads (25 stocks) ....do 19.94 23.22 T R A N S P O R T A T I O N AND COMMUNICATIONS Page 83 . Class I steam railways: Freight-carloadings (A. A. i?.): 1 Total cars. : thousands.. Coal.. . .-_.„. ..do Coke.... do Forest products do —-Grains and grain p r o d u c t s . . — . do.-..; Livestock ~.. do Merchandise, 1. c. 1 _. ....do Ore _ do 1 Miscellaneous-_. ...do FOODSTUFFS Pages 105,107 Grains and grain products (principal markets): Cora: Receipts . .thous. of b u . . Shipments .do Oats: Receipts .do-.-. ' Wheat: Shipments.__ .. --do 47 597 195 1,112 3,535 600 50 171 - -164 52 725 326 1,446 2,826 474 41 127 —203 41 570 275 1,095 3,718 657 54 186 —-208 62 755 347 1,449 3,135 562 44 157 — -160 69 606 279 1,260 3,269 505 47 167 -164 86 686 274 1,400 3,780 695 61 193 —166 86 752 213 1,614 2,718 560 50 141 118 50 578 49 1,171 2,737 577 53 , 144 123 47 569 50 1,174 2,824 605 66 154 "110 41 597 51 1,204 3,818 818 70 197 —17252 797 69 1,643 13,116 17,316 23,411 14,339 22,464 15,126 19,231 12,385 28,892 12,617 37,609 21,608 12,190 20,710 10,433 16,433 9,050 13,862 7,091 18,628 9,280 2,794 163 38 159 —136 46 648 214 1,390 '2,495 . '446 ; 30 129 — 131 45 595 59 '1,061 2,713 470 33 134 17,403 14,012 11,690 9,633 4,539 4,178 3^026 1,912 4,327 13,287 .7,075 4,238 4,031 5,337 3,543 3,050 4,567 11, 716 9,459 18,525 12,780 29,319 21,442 17,925 15,284 16,210 9,652 10,025 8,085 9,432 13,955 38,788 5,016 7.855 32,149 2,964 7,905 30,562 3,677 9.225 31,869 5,300 7,325 38,736 6,567 12,470 38,040 6.583 11,410 39,450 9,433 11,820 40,031 12,505 40,046 4,362 9,358 12,760 44,719 9,442 12,195 44,107 7,489 16,092 39,971 5,195 bales.. 23,538 21,740 18,997 17, 307 22,766 30,189 2?, 928 39,877 METALS AND MANUFACTURES Pago 136 Nonferrous metals: Tin: Deliveries.. long tons.. Visible supply, world, end of month.do United States (excluding afloat) do TEXTILE PRODUCTS 9^179 P " Deliveries (consumption) stocks, end cf month: Total, visible supply.. United States (warehouses).. •'Revised.' do .do. 210.743 49,373 85,798 42,698 92,485 43,285 90,122 41,822 11?, Ill 161,698 43,211 46,898 • i p a t a for June, August, November 1940, and March 1941 are for 6 weeks; other months, 4 weeks. 36,374 23,113 28,425 28,111 25,828 172,254 184,797 195,330 44,454 43,297 I 60,330 225,248 72,243 224,363 63,433 214,836 54,106 211,174 49,904 MONTHLY BUSINESS STATISTICS—Continued 1941 Monthly statistics through December 1939, to gether with explanatory notes and references to the sources of the data, may be found in the 1940 Supplement to the Survey March BUSINESS INDEXES Manufacturers' orders, shipments, and inventories:* New orders, total Jan. 1939=100. Durable goods do,., Nondurable goods do... Shipments, total do Durable goods do _ Nondurable goods ...do... Inventories, total Dec. 31,1938=100. Durable goods do__. Nondurable goods do... *>286 P135 P1G4 v 122.4 p 132.1 J>111.9 EMPLOYMENT CONDITIONS AND WAGES Page 39 Labor conditions: Labor turn-over in mfg. establishments: Accession rate._mo. rate per 100 employees. Separation rate: Total do... Discharge do... Lay-off .do.... Quit and miscellaneous _._do... March 106 112 101 121 131 112 ••109.6 * 112. 2 ' 106. 6 April May June July 1941 August 110 118 105 120 133 108 108.9 111.5 106.2 121 141 109 123 136 111 109.1 112.1 105.8 133 157 118 126 140 114 108.6 111.8 105.2 127 159 107 117 127 109 109.2 111.9 106.4 130 163 108 124 129 119 110.9 115.4 106.0 S e ^ m " October 164 211 133 145 158 134 112.2 118.4 105.5 172 235 131 146 167 128 114.4 121.2 107.1 N Janu* ary m ^er ' 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 February '189 '277 '132 '159 '189 '133 ' 121.1 '130.7 '110.8 5.62 2.94 3.05 3.36 4.76 4.77 6.63 6.21 5.52 4.65 4.11 5.54 4.92 3.40 .21 1.06 2.13 3.46 .15 2.53 .78 3.66 .13 2.69 .84 3.78 .13 2.78 .87 .14 2.32 .90 3.35 .14 2.25 .96 3.00 .16 1.63 1.21 3.22 .16 1.48 1.58 .19 1.53 1.51 3.06 .18 1.60 1.28 3.16 .16 1.86 1.14 3.41 .18 1.61 1.62 3.15 .19 1.20 1.76 34,328 26,830 27,582 24,151 19,517 22,066 22,498 25,719 29,489 30,854 31,118 33,835 27,869 .125 .120 26,661 .120 27,411 .120 24,703 .120 19,870 .120 22,021 .118 21,664 .115 26,542 .115 30,160 .115 30,002 .115 32,457 .118 34,030 .120 28,103 301 43 215 54 272 54 302 56 247 193 47 202 49 213 50 218 48 140 40 150 44 208 35 182 43 202 376 186 320 382 242 413 207 316 199 251 183 295 193 311 181 302 158 273 138 259 146 294 159 279 38,541 28,245 13,752 14,493 10,296 30,370 22,610 10,080 12.531 7,759 36,206 26,552 10,972 15,580 9,654 41,722 29,744 11,051 18, 693 11,978 36,271 25,828 9,776 16,052 10,443 34,056 24,278 9,895 14,383 9,779 34,991 24,973 10,619 14,354 10,018 33,937 24,101 10,502 13,599 37,748 27,347 12,594 14,753 10,401 30,795 22,819 11,336 11,483 7,976 27,326 20,472 10,785 9,686 6,851 33,408 24,609 12,206 12,403 8,799 32,538 24,014 12,177 11,837 8,525 13,388 11,514 11,193 11,609 11,485 12,091 12,450 11,977 13,063 12,771 13,456 13,641 '12,293 8,983 4,405 7.583 3,931 6,645 4,548 7,006 4,603 7,270 4,215 7,931 4,159 8,482 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 12,061 1,327 10,557 957 10,277 916 10,016 992 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 42,413 397 462 1,384 36,3fil 1,461 2,245 4,217 10,652 17,787 35.287 311 846 1,087 30,032 1,012 1,851 3,758 8,347 15,065 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 34,012 320 308 380 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 2,148 3,909 10,254 14,544 '38,288 '324 '493 '1,645 * 32,868 1,266 1,947 '3,954 2,882 927 2,443 567 3,002 716 3,219 890 3,214 718 4,047 479 4,950 355 5,419 189 6,341 244 6,143 203 4,120 243 1,713 '2,343 '615 38,672 11,008 17,709 7,340 17,471 8,544 17,065 6,524 19,373 5,798 28,431 6,061 21,799 7,571 28,609 7,941 39,240 11,387 33,821 34,012 9,352 40,115 10,965 36,232 10,712 2,428 85 1,129 58 186 1,088 52 183 58 152 1,407 70 149 1,558 67 125 1,694 63 166 1,744 60 177 1,884 78 206 2,148 72 198 2,256 62 202 2,197 71 201 2,411 80 233 115,309 216 55,888 51,750 100 54,658 51,173 87 60,724 61,167 94 68,147 66,718 137 72,506 72,934 143 80,359 85,527 146 83,665 88,027 90,421 88,005 104,332 103,556 182 179 158 94,789 107,978 188 90,418 104,279 192 98,398 115,206 210 162,962 50,718 26,957 23,761 112,244 17,933 94,311 41,815 28,181 13,634 57,045 22,825 34,220 CHEMICAL AND ALLIED PRODUCTS Pages 95, 96 Vegetable oils and products: Oleomargarine: Consumption (tax-paid withdrawals) thous. of lb_. Price, wholesale, standard, uncolored (Chicago) dolperlb.. Production thous. of lb_. Paint sales: Calcimines, plastic and cold-water paints: Calcimines thous. of dol__ Plastic paints do. Cold-water paints: In dry form... do. In paste form do. Paint, varnish, lacquer, and fillers: Total do.__ Classified, total do Industrial _ do Trade do. Unclassified do. 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: Pnvately and municipally owned public utilities mil. of kw.*hr_. Other producers do LEATHER AND PRODUCTS Page 124 Leather manufactures: Boots, shoes, and slippers, production: 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 TEXTILE PRODUCTS p 156 157 Wool:l ' Consumption (scoured basis) :f Apparel class thous. oflb._ Carpot class do Machinery activity (weekly average) :1 Looms: Woolen and worsted: Broad thous. of active hours.. Narrow do Carpet and rug do Spinning spindles: Woolen _ do Worsted _ do. Worsted combs. do. Stocks, scoured basis, end of quarter, total thous. of lb__ Woolen wools, total do Domestic do Foreign _._do Worsted wools, total.. do Domestic do Foreign _ do 1940 1 128,585 47,508 35,183 12,325 81,077 59,436 21,641 127,546 41,338 29,450 11,888 86,208 57,219 28,989 15,704 '142,152 48,388 27,651 '20,737 '93,764 '29,009 ' 64.755 ' Kevised. * Preliminary. » Includes a small number of pairs of shoes other than men's leather (nurse3, athletic, etc.) made for Government contract. •New series. For indexes of manufacturers' orders, shipments, and inventories beginning January 1939, see monthly Surveys beginning with the September 1940 Issue (description of data andfiguresfor 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 the November 1940 Survey). ^Data for April, July, and October 1940 and January 1941 are for 5 weeks; other months, 4 weeks. u. s. GOVERNMENT MINTINC OFFICE: i9*t
@FedFRASER