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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON, D. C, NOVEMBER 30, 1939 SUMMARY OF BUSINESS TRENDS ACTIVITY during the final 2 weeks of November will be in•"• fluenced by the holiday observance, and the usual seasonal decline in some of the basic industries. There is little evidence of change, after allowance for these influences, in productive activity, though the inflow of orders has been declining for some weeks and current production is reducing the large unfilled order totals which were built up during the buying wave touched off by the outbreak of the European war in September. Prices of sensitive commodities have tended lower, reflecting the less aggressive purchasing policies now being pursued. Stock prices have moved in a narrow groove at a level below that reached in mid-September. For the month of November, the major indicators of economic change—income, production, and employment—are expected to show some further improvement over the figures reported for October. The Bureau of Labor Statistics reported a slight increase in factory employment in November when a sizable decline is usual. October data recently made available confirm the earlier indications of the extent of the rise in business activity during that month. The index of income payments—a comprehensive indicator of the purchasing power of the consumer derived from current activity—was 88.3 (1929=100) for October up 1.6 points from September. At the October figure this approximates an annual rate of income of almost 72 billion dollars, or slightly below the 1937 total. While living costs have increased since August, the rise has been much less than the advance in consumer incomes. The 13 percent increase in factory pay rolls from mid-August to mid-October has afforded a major increment to consumers' incomes. Factory employment,- as may be seen in the chart below, has risen much faster than is usual in the fall. The adjusted index for October was 101 (1923-25= 100), up 5 points since mid-August. Farmers1 income in October increased by somewhat less than the seasonal expectation after the marked advance in September, but cash receipts from marketings were 5 percent higher than in October 1938. SELECTED BUSINESS INDICATORS STEEL INGOT PRODUCTION ELECTRIC POWER PRODUCTION (PERCENT Or CAPACITY) SPOT COMMODITY (BILLIONS OF KILOWATT HOURS) PRICES [MOOPY^S I N D E X - D E C . 3 1 , 1 9 5 1 = I O O ) /939' BITUMINOUS COAL PRODUCTION (MILLIONS OF SHORT CONSTRUCTION CONTRACTS - F.W. DODGE TONS) PRICES OF 3 5 0 INDUSTRIAL STOCKS (DAILY AVERAGE AWARDS - MILLIONS OF DOLLARS) (INDEX. 1926 » 100) 1601 MDHESMY CIO5£ ^P^M s^~\J X S>V YIELDS OF IZO CORPORATE BONDS AUTOMOBILE PRODUCTION (THOUSANDS OF VEHICLES) 44 4.2 rV " (PERCENT) -4.6 / An 5-6 INCOME PAYMENTS INDUSTRIAL PRODUCTION (SEASONALLY ADJUSTED 1 9 2 9 * 100) I 0 0 (SEASONALLY 130 MOHTHLY DATA 95 IZO 90 1(0 85 100 80 90 193454—39 1938 1939 (923Z5JOO) 1923-25=100) MONTHLY DATA zt 80 1937 ADJUSTED I i . . 1 . . FACTORY EMPLOYMENT & PAYROLLS 70 1937 1938 1939 1937 1938 1939 • WEEKLY BUSINESS INDICATORS* [Weekly average, 1923-25=100] 1939 Nov. Nov. Nov. Nov. 25 Nov. Nov. Nov. N o v . Oct. Nov, Nov. Nov. Nov. 26 18 27 23 19 Business a c t i v i t y : ! N e w York Times§cf _ Barren'scf Business week C o m m o d i t y prices, wholesale: D e p t . of Labor, 1926^100: Combined index (813). F a r m products (67) Food (122) All other (624) Fisher's index, 1926*= 100: Combined index (120) Copper, electrolytic? Cotton, middling, spot 105.9 107.2 105.3 104.6 92.9 93.1 114.6 115.4 112.7 110.9 99.0 99.5 123.8 122.1 121.7 105.1 104.6 79.1 67.8 72.3 84.4 79.3 67.8 72.4 84.4 79.3 67.5 72.3 84.4 84.0 S3.8 83.9 84.0 89.1 89.1 89.1 89.1 37.5 37.1 36.8 35.3 79.2 67.2 72.3 84.2 77.3 68.3 74.0 80.8 77.3 67.8 73.9 80.9 Finance—Continued. Banking: Debits, outside N . Y . C . t - . . . Federal Reserve reporting member banks: Loans, total—. Interest rates: Call loans* Time loans! _ Currency in circulation! Production: Automobiles Bituminous coal! Cotton consumption! Electric powerf Lumber... Petroleum! Steel ingots© .... Receipts, primary markets: Cattle and calves Hogs _ Cotton _ Wheat 85.3 81. 86.0 88.1 91.1 82.0 73.4 81.5 83.9 82.9 75.9 83.2 84.2 83.7 80.5 80.4 85.1 86.1 89.1 79.7 79.7 77.5 78.3 35.3 33.5 34.2 29.8 28.7 71.9 52.5 55.6 57.0 Construction contracts}: _ 80.5 82.0 84.1 87.0 58.6 68.5 58.0 67.3 Distribution: Carloadings 115.1 102.4 Employment: Detroit, factory... 97.8 Finance: 49.9 48.2 52.3 54.1 54.3 50.9 46.9 Failures, commercial 68.3 74.2 72.4 Bond yields! 64.3 65. Oi 65.3 Stock prices j . . . _.; 112.3 112.4 111.5 113.6! 115.2 107.1 109.0 87.9 93.7 • D a t a do not cover calendar weeks in all cases. §Computed normal ISeasonally adjusted. © I n d e x for week ended D e c . 2, is 162.1. 100. JDaily average. 1937 1938 1939 1937 1938 Nov. Nov. Nov. Nov. 27 19 26 101.3 113.8 88.5 100.0 92.5 88.2 106.5 89.9 116.2 68.9 68.4 68.2 68.2 67.8 66.4 66.6 75.8 76.3 24.2 24.2 24.2 24.2 24.2 24.2 28.6 28.6 28.6 28.6 28.6 28-6 153.1 152.3 152.5 151.8 150.6 139.3 24.2 24.2 24.2 28.6 28.6 28.6 138.8 135.0 134.7 95.0 113.6 113.0 104.8 130.4 150.9 150.9 54.4 53.3 172.4 182.3 161.3 160.6 158.9 108.4 100.4 130.8 152.3 56.2 168.1 156.3 102.5 111.3 102.1 90.0 126.8 118.0 152.4 131.1 61.6 40.4 168.0 156.6 154. 9 104., 5 126.8 98. 2 122.9 82.9 88.3 80.6 87.3 95.5 114.4 136.3 123.9 133.5 44.1 36.4 41.8 156.3 164.5 171.6 105.7 50.9 59.8 78.3 87.5 93.3 97.3 70.4 77.7 52.9 46.0 45.3 42.9 42.7 19.0 151.5 192.7 198.1 220.0 227.7 98.8 128.8 33.5 42.8 31.4 57.0 51.6 67.8 43.0 105.0 64.6 166.5 48.2 fWeekly average, 1928-30=100. o"For description of these indexes, see p. 4 of the Dec. 16,1937 issue. WEEKLY BUSINESS STATISTICS^ 1939 COMMODITY PRICES, WHOLESALE Copper, electrolytic, N e w York_ dol. p e r l b . C o t t o n , middling, spot, N e w Y o i k . _ __do___ Food index (BradstreeVs) do..., Iron and steel, composite. dol. per ton., Wheat, No. 2Hard Winter (Kansas City)_.dol. per bu.. 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 loans§ mil. of doL. Interest rates, call loans! _ percent.. Interest rates, time loans! ..do Exchange rates: French franc!. --cents.. Pound sterling! ..dollars.. Failures, commercial number.. Currency in circulation! mil. of dol.. Security markets; Bond sales (JV. Y. S. E.) thous. of dol. par value.. Bond yields (Moody's) (120 bonds)! percent.. Stock sales (iV. Y. S. E.) .thous. of shares.. Stock prices (2V. Y. Times)t dol. persharo.. Stock prices (Standard Statistics) Industrials (350) P u b l i c utilities (40).. Railroads (30) (420) 1926=100.. do.... __..do___. do.... PRODUCTION, CONSTRUCTION, AND Production: DISTRIBUTION Automobile! ...number.. Bituminous coal! thous. of short tons,. Electric power _ mill, of kw. hrs.. Petroleum! thous. of bbl_. Steel ingots®.... .pet. of capacity.. 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.. Wheat, at primary markets thous. of bu.. 1938 1937 1936 Nov. 25 Nov. 18 Nov. 11 Nov. 4 Oct. 28 Oct. 21 Nov. 26 0.123 .102 2.39 37.42 0.123 .101 2.42 37.44 0.123 .100 2.43 37.53 .87 0.123 .096 2.43 37.62 .85 0.123 .096 2.44 37.56 .83 0.123 .094 2.43 37.56 .83 0.110 .091 2.38 36.37 0.110 .093 2.39 36.35 .64 0.107 .081 2.68 38.86 .94 0.108 .078 2.73 38.90 .95 0.103 .123 2.87 34.79 1.23 3,012 4,700 3,004 4,400 2,739 4,106 4,123 4,637 3,118 4,289 2,766 4,493 2,952 4,097 2,918 4,114 3,201 4,168 3,143 4,492 4,625 4,740 2,645 2,593 11,619 5,171 2,715 2,649 11,587 5,166 2,721 2,687 11,749 5,354 2,765 2,721 11,814 5,376 2,771 2,736 11,950 5,534 2,817 2,748 11,907 5,509 2,587 2,564 8,818 3,353 2,590 2,564 8,727 3,262 2,596 2,564 6,919 1,138 2,590 2,555 6,922 1,100 2,457 2,430 6,795 2,210 18,918 5,252 14,475 8,726 18,604 5,256 14,465 8,725 18,660 5,250 14,314 8,720 18,55G 5,249 14,207 8,684 18,721 5,251 14,178 8,628 18,567 5,239 14,140 8,574 15,916 5,125 13,003 8,129 15,720 5,137 13,012 8,140 14,665 5,273 11,953 7,966 14,612 5,296 11,998 7,974 15,464 5,034 13,622 9,178 2,405 8,617 2,402 8,549 2,250 8,521 2,232 8,521 2,226 8,479 2,224 8,423 1,682 1,678 8,323 1,120 9,479 1,125 9,532 1,247 8,779 1.00 1.25 4,362 1.00 1.25 4,330 1.00 1.25 4310 1.00 1.25 4,292 1.00 1.25 4,286 1.00 1.25 1.00 1.25 1.00 1.25 4,683 1.00 1.25 4,738 1.00 1.25 1.00 1.25 191 7,433 2.223 3.922 223 7,398 2.201 3.882 220 7,404 2.264 3.992 221 7,370 2.270 4.005 207 7,315 2.269 4.002 218 7,335 2.607 4.658" 191 6,762 2.634 4.705 203 6,738 3.398 4.999 196 6,554 3.397 5.003 213 6,542 4.656 4.896 136 6,433 34,110 3.68 2,978 109.03 93.9 110.3 87.9 31.2 39,760 3.70 3,934 109.17 93.5 109.9 87.0 31.4 27,980 3.71 4,624 108.29 94.4 111.2 87.4 31.5 37,830 3.75 6,530 110.35 94.9 112.0 86.8 32.1 41,550 3.77 7,051 111.88 97.2 114.9 87.5 33.5 42,870 3.82 6,215 111.54 95.9 113.4 86.2 33.0 28,200 3.95 4,321 103.97 92.6 111.3 79.2 28.8 38,020 3.94 7,760 105.86 93.6 112.4 79.9 29.7 36,480 4.28 6,474 85.39 75.6 86.7 76.3 28.4 45,450 4.18 7,500 91.03 83.9 97.1 80.7 32.1 63,000 3.69 9,651 140.19 122.8 142.6 109.6 55.3 72,520 86,700 1,637 2,514 3,592 93.5 86,200 1,784 2,514 3,797 92.5 82,690 1,710 2,537 3,501 91.0 78,210 1,738 2,539 3,499 90.2 9,147 70,114 1,742 2,494 3,772 90.3 10,327 84,^30 1,533 2,184 3,261 61.9 96,735 1,411 2,270 3,256 62.6 11,541 74,955 1,504 2,065 3,426 31.0 8,433 93,757 1,372 2,224 3,574 36.4 8,933 103,624 1,994 2,134 3,011 74.3 11,361 771,404 163,133 35,612 36,897 15,904 158,028 45,635 316,195 785,961 166,938 35,823 37,697 17,650 156,735 55,876 315,242 805,862 171,597 37,380 37, 530 19,839 159,157 56,976 323,383 834,096 176,543 37,5*9 40,232 20,410 159,348 62,063 337,971 861,198 181,435 39,231 44,578 21,581 160,299 62,533 351,541 562,084 127,161 25,588 29,159 13,769 129,8S0 12,337 224,180 657,066 140,273 28,556 36,117 18,057 153,991 12,849 267,223 555,762 128,258 24,975 32,536 12,348 134,536 9,356 213,753 644,927 135,115 26,701 39,306 16,656 680,300 162,754 32,581 30,984 15,945 145,764 247 343 601 3,406 277 298 515 2,495 295 294 572 3,280 307 278 592 4,533 290 301 701 3,744 222 277 242 4,108 293 428 257 5,3*4 245 253 335 3,417 332 419 433 2.224 3.924 394 2,664 Nov. 19 Nov. 27 Nov. 20 Nov. 28 159,977 12,088 255,084 278,503 248 445 458 2,485 ®Rate for week ended Dec. 2, is 94.4. !Daily average. «Data do not cover calendar weeks in all cases. §No longer strictly comparable; for an explanation, see the corresponding data on p. 30 of the April 1939 issue of the SURVEY. ISOTJKCE: Ward's Automotive Reports. MONTHLY BUSINESS STATISTICS 1938 Monthly statistics through December 1937, to- 1939 gether with explanatory notes and references to the sources of the data, may be found in the Decem- January 1933 Supplement to the Survey October October November ber 1939 February March April May June July August eptember BUSINESS INDEXES Pages 6, 7, 8, 9 Income payments: t Adjusted index 192^=100.. Total mil. of dol Salaries and wages: Adjusted index 1929=100.Total. _ mil. of d e l . . Commodity producing industries, do Distributive industries.— do Service industries -do Government ~ . -do Work relief wages - -do Direct and other relief -.. -do ... Social-security benefits and other labor income mil. of dol.. Dividends and interest - .. -do Entrepreneurial income and net rents and royalties mil. of dol Total nonagricultural income... do.... Adjusted index of nonagricultural income - „ 1929=100.. Industrial production (F. R.): Combined index, unadjusted... 1923-25=100._ Manufactures, unadjusted do Mlinprals unadjusted do Combined index ad His ted do Manufactures adjusted do Minerals, adjusted -- ,~ do. ~ Agricultural marketings: Quantities marketed: Combined index do Animal nroducts -do D air v "Dro ducts » doLivestock - -do Poultry and eggs do Wool - -do Croos _ _«._ . _.**do Cotton - _..do Fruits _..do Grains -~ do._-. Vegetables do Cash income from farm marketings: Crops and livestock, combined index: Unadjusted 1924-29= 100.. Adjusted do Crops do Livestock and products do -__ Dairy products — do Meat animals do .Chickens and eggs do COMMODITY PEICES Page 11 Cost of living (N.I.C.B.): Combined index 1923=100. _ Clothing do Food do Fuel and light __.do Housing - - do Sundries .. do Retail prices: U . S . Department of Labor Indexes: Food ...1923-25=100.. EMPLOYMENT CONDITIONS AND WAGES Pages 31, 32, 33, 35, 37, 40, 41, 43, 44 Employment: Factory, unadjusted (U. S. Department of Labor)t 1923-25=100.. Nondurable goods ..do Factory, adjusted (Federal Reserve)t--do Durable goods do Nondurable goods ...do . . . Nonmanufacturinsr, unadjusted (U. S. Department of Labor): Mining: Anthracite 1929=100 Bituminous coal do Metalliferous . --do - . . Petroleum, crude, producing do Quarrying and nonmetallic do Public utilities: Electric light and power, and manufactured gas 1929-100— Electric railroads, etc do Telephone and telegraph do Trade: Retail, total do Wholesale do Pay rolls: Factory, unadjusted (U. S. Department of Labor) f 1923-25=100Durable goods - do Nondurable goods —.do 88.3 6,204 82 6 5,886 83.1 5,507 83.4 6,145 83.3 5,703 83.0 5,247 84.1 5,727 83.0 5,654 83.4 5,432 84.1 5,918 83.7 5,695 85.4 5,400 '86.7 ' 6,010 87.0 3.862 1,437 922 835 81.4 3,639 1,259 856 790 82.4 3,634 1,248 853 799 83.0 3,672 1,244 889 814 82.3 3,525 1,191 841" 800 82.0 3,522 1,215 826 796 82.1 3,575 1,235 850 797 81.0 3,550 1,212 849 799 81.4 3,598 1,235 862 806 82.8 3,665 1,281 874 815 82.8 3,516 1,271 868 810 84 0 3,560 1,318 871 813 538 130 85 532 202 80 531 203 83 527 198 88 505 188 92 503 182 93 506 187 95 510 180 90 520 175 87 530 165 85 422 145 85 423 135 87 '84.2 3,693 1,360 '892 821 '506 '114 124 1,115 128 827 133 433 148 772 133 760 139 471 145 920 13G 849 145 451 135 805 1,14G 5,657 1.131 5,244 1,066 4,848 1,137 5,256 1,121 5,192 1,137 4,943 1,103 5,453 1,109 5,222 1,157 4,887 1,291 '5,364 84.3 94 94 97 85.4 98 97 105 85.5 97 95 107 86.7 99 99 96 '86.9 '112 110 '123 '111 '111 '86 128 791 133 775 1 338 5,519 1,259 5,254 126 484 1,180 4,967 89.0 83.5 84.2 84.7 84 4 84.4 84.8 83.8 97 95 106 104 103 105 98 98 103 '100 98 105 99 98 105 100 100 102 95 96 88 96 95 84 100 98 103 103 96 112 102 104 104 99 117 * 109 101 100 105 109 110 99 97 93 109 110 98 96 91 110 110 92 92 87 97 95 92 91 73 104 98 98 97 81 111 104 101 100 87 111 106 103 104 89 120 91 125 87 90 90 75 90 163 278 95 94 82 131 89 114 85 76 139 174 267 113 128 86 99 89 87 78 116 160 108 154 79 85 67 76 81 91 67 116 68 71 78 85 62 61 65 77 97 73 80 41 53 37 82 51 77 56 64 94 56 70 50 46 34 78 38 78 68 78 104 65 104 45 57 35 93 50 107 65 81 103 62 123 77 fO 22 95 50 89 81 99 135 72 145 193 63 23 92 80 109 82 93 145 62 114 387 71 26 81 101 112 94 88 133 66 91 386 101 46 78 184 49 85 84 122 70 79 266 87 75 80 116 41 96.0 72.5 61.5 83 5 89.0 83.5 66.5 91.5 67.5 55.5 80.0 86.0 77.5 77.5 78.0 69.5 55.5 84.0 85.5 83.5 83.5 72.5 68.0 55.0 82.0 89.5 78.0 81.0 68.5 67.5 55.5 80.0 88.5 79.0 67.0 51.0 60.0 44.5 76.5 85.5 77.5 56.5 57.5 64.0 49.5 79.5 80.0 84.0 71.5 55.0 64.5 51.5 78.0 76.0 75.0 70.0 60.0 65.0 49.0 82.0 76.5 83.5 80.0 59.0 60.0 45.0 75.5 77.0 76.0 73.0 63.0 62.5 51.0 74.5 77.0 73.5 75.0 71.0 71.0 66.5 75.5 81.5 74.0 70.0 92.5 79.0 70.0 88.0 87.0 89.5 73.0 85.6 72.6 79.7 85 2 86 6 96 8 85.8 73.2 79.8 85.6 86.6 96.8 85.6 73.2 79.5 85.9 86.4 96.8 85.8 73.0 80.3 86.0 86.2 96.8 85.4 72.7 79.2 85.9 86.2 96.8 85.1 72.4 78.4 85.9 86.1 96.7 84.9 72.3 78.0 85.8 86.1 96.7 85.0 72.2 78.2 85.2 86.2 96.7 84.8 72.1 78.1 84.0 86.2 96.6 84.7 72.0 77.9 83.4 86.0 96.6 84.9 71.9 78.1 83.8 86.3 96.9 84.5 71.9 76.7 84.0 86.3 96.9 85.9 72.2 80.7 84.4 86.5 97.0 »78.0 78.1 77.8 78.6 77.5 76.8 76.4 76.6 76.5 76.3 76.5 75.1 79.0 103.3 95 5 110 6 101.0 94 1 107.5 92.4 79.7 104,6 90.2 78 3 101.5 93.3 82.9 103.1 92.8 82 1 103.1 94.0 83.8 103.8 94.4 83 7 104.7 92.2 82.3 101.7 94.6 84.4 104.4 93.6 83.3 103.5 94.3 84.2 103.9 94.3 84.1 104.0 94.0 83.7 103.8 94.1 84.8 103.0 93.8 83.9 103.3 93.0 84.0 101.6 93.3 82.9 103.3 93.4 84.6 101.8 94.3 83.9 104.2 93.5 '83.0 ' 103.5 95.3 84.7 105.4 '96.3 '83.9 ' 108. C 96.0 85.5 105.9 '100.0 '89.4 1110.2 '97.3 '8S.5 ' 105.7 51.9 93.5 65.4 64.3 47.9 52.4 87.2 57.9 69.5 44.4 51.0 88.6 61.9 68.3 44.4 51.3 89.3 62.3 67.8 41.4 50.0 88.7 62.6 67.0 38.3 52.2 88.6 60.9 66.4 37.9 51.7 87.4 61.0 66.2 40.1 53.0 25.9 61.5 65.8 43.0 52.6 47.9 61.9 66.1 45.6 51.2 78.3 61.6 67.0 47.3 44.7 79.4 60.4 67.3 47.5 48.6 81.5 60.2 66.6 48.2 49.4 ' 85.6 '63.1 ' 65.0 48.0 93.6 70.1 75.0 92.5 69.9 74.7 91.9 69.5 74.4 91.4 69.4 74.3 90.0 69.2 74.1 89.6 69.3 73.3 89.6 69.5 73.4 90,3 69.1 74.1 91.0 69.6 74.7 92.3 69.9 75.3 93.2 69.7 75.4 93.8 69.8 75.6 93.8 '69.9 '75.3 88.6 92.4 85.9 89.1 89.8 98.1 90.0 82.2 88.3 81.5 87.9 83.8 87.4 85.5 87.3 85.7 87.2 86.4 88.1 83.6 87.9 '82.5 89.0 '87.3 '00.4 101.3 99.0 103.9 84.2 74.6 94.9 84.4 77.6 92.1 87.1 79.6 95.4 83.7 76.0 92.4 86.0 77.7 95.3 87.6 79.4 96.7 85.5 79.5 92.2 85.0 78.8 91.9 86.5 80.7 93.0 84.4 70.0 '93.7 '89.7 ' 81.5 99.0 '93.6 '87.5 •"100.5 p 133 »12O *123 '85 121 '114 120 • 82 100 78 75 144 159 251 79 120 72 t Revised series. For revised income payments beginning 1929, see table 41, pp. 15 and 16 of the October 1939 Survey, For revised data on employment, unadjusted and adjusted, and pay rolls, see footnote marked "f" °a P- 25 of the November 1939 Survey. MONTHLY BUSINESS STATISTICS—Continued 1939 1938 Monthly statistics through December 1937, together with explanatory notes and references to the sources of the data, may be found in the DecemFebru1938 Supplement to the Survey October October NovemJanuaryber ary ber EMPLOYMENT CONDITIONS AND WAGES—Continued Pay rolls—Continued: Nonmanufacturing, unadjusted (U. S. Department of Labor): Mining: Anthracite ....1929=100. Bituminous coal do... Metalliferous _ _ do... Petroleum, crude, producing do... Quarrying and nonmetallic do... Public utilities: Electric light and power, and manufactured gas 1929*= 100. Electric railroads, etc ...do Telephone and telegraph do Trade: Retail, total -...do—. Wholesale do.... March April May June July August September 52.2 97.8 63.3 58.8 45.2 43.4 78.3 49.2 63.7 39.2 36.2 81.452.3 63.3 37.2 42.5 80.9 54.1 62.5 33.7 38.0 78.2 55.3 60.9 30.2 45.2 81.2 53.4 62.7 29.7 34.2 77.8 53.6 61.3 33.1 43.4 17.6 52.6 60.8 35.9 57.0 20.4 54.1 61.2 39.7 36.1 66.5 53.8 62.5 41.7 '64.5 MS. 5 '61.9 M0.9 '33.3 '74.9 '53.2 61.8 '43.0 40.0 80.6 54.5 60.7 42.8 100.7 73.0 96.2 68.9 95.3 98.6 68.8 93.0 98.2 69.7 92.5 95.9 71.1 92.0 96.4 69.9 91.7 70.5 91.9 92.1 98.8 70.1 93.7 100.2 71.2 93.7 100.0 70.6 94.6 101.0 70.9 95.2 100.8 70.2 92.5 74.2 80.2 70.8 75.1 71.5 75.4 79.2 75.7 69.7 75.5 68.4 74.6 74.7 71.3 74.8 71.5 74.9 72.5 75.8 70.9 75.8 69.4 76.1 72.3 77.7 71 67 50 55 58 58 70 62 70 72 76 72 116 74 '64 '106 67 111 •"72 64 91 56 62 92 58 63 113 71 63 61 62 107 66 62 101 63 62 S9 61 62 108 67 62 55 54 55 55 53 54 55 55 49 49 59 58 53 63 61 55 52 57 54 57 FOEEIGN TRADE Pages 79,80,82,83 Indexes: Exports: • Total value, unadjusted 1923-25 — 100.. Total value, adjusted do 17. S. merchandise, unadjusted: Quantity do 131 Value do 87 Unit value do Imports: Total value, unadjusted ..do 67 Total value, adjusted do . . 65 Value: Exports, including reexports_._thous. of dol.. 332,079 215,2S1 General imports, t o t a l . . do 207,140 Imports for consumption, total ..do CHEMICALS AND ALLIED PRODUCTS Page 90 Chemicals: Alcohol, denatured: Consumption ..thous. of wine gal.. Production do Stocks, end of month... _ do Alcohol, ethyl; Production thous. of proof gal._ Stocks, warehoused, end of month do Withdrawn for denaturing do -Withdrawn, tax-paid... _ do 1939 73 277,928 252,231 268,756 212,90S 177,979 176,181 171,474 178,201 178,460 171,652 165,522 169,323 '71 70 ••25.2 218,559 268,364 230,947 249,259 236, OSS 229,628 158,035 190,437 186,195 202; £02 178,953 168,925 152,528 191,226 185,800 194,1S3 i:8,405 170,451 117 76 250,839 288,573 175,756 181,461 180,379 199,483 7,944 8,166 1,982 7,395 7,437 2,015 9,202 9,190 2,007 12,848 12,625 1,776 18,655 31,078 15,031 2,009 15,029 1,858 17,643 32,232 13,823 1,765 18,539 32,919 16,050 1,780 18,104 25,913 22,315 2,187 5,651 5,079 9,086 6,271 5,656 9,447 5,637 5,538 5,450 5,715 8,836 4,392 4,921 8,112 19,219 22,188 17,230 11,874 10,700 13,022 10,940 10,756 5,381 8,304 10,200 11,738 5,605 9,714 8,566 6,248 7,593 6,112 6,456 6,868 1,200 632 1,691 1,381 831 667 776 676 772 845 495,013 501,045 505,414 510,194 513,462 516,755 519,162 521,251 522,058 520,429 6,390 "6,663 710 518,487 10,244 8,772 1,843 514,433 . Production. -.„_'_: do 8,119 10,572 11,003 3,711 9,993 9,204 8,724 7,074 8,513 5,774 7,972 Tax-paid withdrawals .do 8,153 4,343 6,791 5,007 4,996 7,665 8,550 5,728 9,559 4,866 4,885 Imports* : thous. of proof gal.. 534 706 1,046 582 1,459 959 678 571 1,215 730 666 Stocks :_-___thous. of tax gal.. 469,173 466,355 466,175 466,785 470,251 472,934 475,150 477,136 478,741 478,900 477,149 Rectified spirits and wines, production, 2,930 total thous. of proof gal.. 4,480 3,817 3,425 2,683 4,774 3,670 2,973 5,362 2,960 2,014 Whisky* ...l.-.dcL. 3,078 2,375 3,689 2,192 2,800 4,445 1,977 2,496 Indicated consumption for beverage purposes: 6,774 7,743 10,771 12,950 15,038 13,118 All spirits*f thous. of proof gal8,192 9,137 9,775 6,131 11,328 13,351 Ut 425 Whisky*t do— 9,357 7,142 8,122 6,816 6,988 6,767 Tobacco: Manufactured products: . Consumption (tax-paid withdrawals): 15,445 16,595 14,260 Small cigarettes __ -.millions.. 15,384 13,264 13,506 12,656 13,863 11,782 14,244 Large cigars _ thousands... 551,230 525,662 515,859 333,982 349,497 361,233 437,584 403,042 470,580 486,721 427,533 Manufactured tobacco and snuff thous. of lb_. 30,239 27,869 30,940 27,126 26,914 25,425 29,594 25,628 30,499 30,107 26,246 4,392 5,098 612 475,371 4,985 1,599 472,499 3,189 2,332 4,005 3,258 7,861 7,104 10,309 16,571 500,807 14,790 486,865 33,291 30,361 11,953 12,644 57.9 56.5 12,715 11,755 21,477 22,361 ' 5,797 '5,928 12,369 56.6 13,401 21,327 ' 5,727 11,937 56.3 13,104 20,160 '5,254 9,135 15,706 14,515 5,112 11,585 10,585 297,508 309,720 209,343 237,870 246,704 150,738 59. B38 ftfnifi 58C05 3,475 1,068 99,868 61,384 3M84 3,921 3,494 188,751 161,625 27,126 15,453 15,181 1,496 11,187 11,099 1,364 10,308 10,186 1,233 10,434 10,478 1,279 6,722 6,826 1,379 6,558 6,446 1,260 7,578 7,616 1,294 7,523 7,719 1,485 8,203 8,490 1,766 20,965 17,974 26,033 2,248 17,017 28,318 2,111 15,164 23,277 17,249 2,439 16,781 20,895 17,391 1,841 17,067 24,433 11,401 1,691 14,650 26,072 11,198 1,363 17,438 27,741 13,202 1,851 17,857 29,625 13,253 2,074 3,592 4,117 7,568 3,735 3,774 7,367 3,541 3,669 7,083 3,645 3,104 7,470 3,482 3,031 7,774 4,497 3,822 8,265 4,641 3,985 8,746 FOODSTUFFS AND TOBACCO Pages 102,116 Alcoholic beverages: Fermented malt liquors: Production. thous. of bbl-. 4,237 Tax-paid withdrawals do 4,169 Stocks. do 7,994 Distilled spirits: Production thous. of tax gal 17,946 Tax-paid withdrawals do 11,066 Imports* thous. of proof gal.. 1,113 Stocks...._. ..thous. of tax g a l - 510,606 STONE, CLAY AND GLASS PRODUCTS Page 150 Portland cement: Production. .thous. of bbl.. Percent of capacity Shipments thous. of bbLStocks, finished, end of month do Stocks, clinker, end of month do 12,538 57.2 12,830 19,868 4,866 11,556 52.9 12,357 20,569 4,927 10,184 48.2 8,573 22,179 4,963 8.066 36.9 6,2,90 23, §47 5,282 5^301 24.3 5,640 23,611 5,563 '5,505 27.9 '5,044 24,092 5,986 8,171 37.4 8,467 23,786 6,447 9,674 45.7 9,654 23,837 6,568 11,185 50.9 12,748 22,251 5,728 TRANSPORTATION EQUIPMENT Page 160 Automobiles: Production: Canada, total._ number.. 9,640 5,774 17,992 18.614 14,794 14,300 17,549 16.891 Passenger cars do 5,412 15,423 7.791 11,404 10,914 12,689 12,791 United States (factory sales), total_._.do.— 313,377 209,512 372,413 14, irs 342,156 303,217 371,940 337,372 Passenger cars.. do 251,819 187,494 320,344 388,346 243,000 299,703 273,409 281,465 Com'l cars, trucks, road tractors. „ do 61,558 22.018 52,069 326,006 62.340 60.691 60.217 7?, 237 63.9R3 ' Revised. <* Data for Septemb.r 1939 ar; the Uvest available. •New series. Earlier data for alcoholic beverages appear in tables 2-8, pp. 15-18 of the July 1939 Survey. IRevised series. For revised data for indicated consumption for beverage purposes see footnote marked " t " on p . 41 of the pneumatic casings and inner tubes for 1936,1937, and 1938, see tables 27 and 28, pp. 16-18 of the May 1939 Survey. 6,793 November 1939 Survey. For revised data for U.S. GOVERNMENT PRINTING OFFICEM939
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