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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 5, 1942
SELECTED BUSINESS INDICATORS
STEEL INGOT PRODUCTION

ELECTRIC POWER PRODUCTION
(BILLIONS OF KILOWATT HOURS)

(1935-59- 100)

CRUDE OIL R U N S - T O - S T I L L S
(MILLIONS OF BARRELS- DAILY AVERAGE)
b.O
45
4.0

/t94S
>

^*

v

*

194 t-y

-.

3.5

i

?S

zoo

INCOME PAYMENTS
(SEASONALLY ADJUSTED 1935-39-100)

.

,

1

i

.

. i

,

,

FACTORY EMPLOYMENT AND PAYROLLS
(1923-25- 100)

MONTHLY DATA

180
160
140
120
-

'

100
80 , . 1 , . 1 . , 1 . . . . 1 , . 1 , , 1 . . . , 1 , , 1 , . 1 , .
1939

, , 1 , , 1, . 1..

1942

1940

1940

WEEKLY BUSINESS STATISTICS
1943

1941

1942

1941

Oct. 31 Oct. 24 Oct. 17 Nov. 1 Oct. 25

Oct. 31 Oct. 24 Oct. 17 Nov. 1 Oct. 25

Commodity prices, wholesale:
Finance—Continued.
AH commodities
*
1926=100..
Federal Reserve reporting member banks:
91.2
91.6
Farm products
_
_
do.
Deposits, demand, adjusted..mil. of dol— 28,639 28,431 28,183
88.1
108.7 107.9 89.5
Food...
.do.
37,549 37,714 35,908
Loans and investments, total
do
87.5
103.1 103.1 88.2
All other..
_.do.
23,786 23,931 22,149
93.0
93.1
"95.6 P 9 5 . 6
U. S. Govt. obligations^1
.do
28 basic commodities©.. .August 1939=100. _ 169.4 170.0 169.7 153.2 152.2
Commercial, industrial, and agriculCotton, mid., i$f«, 10 mkts.t dol. per 1b
.163
.162
.190 .189
.190
tural loans.
mil. of dol.. 6,316 6,347 6,353
Wheat, No. 2, hd. win. (K. C.).dol. per bu
132
158
1.13
145
1.12
1.20
1.20
Failures, commercial
number...
130
Department store sales
1935-39=100..
133
152
153
Bond yields (Moodu's)t
percent.. 3.31 3.31 3.30
Finance:
Stock prices (Stan. & Poor)A-1935-39=100. 74.3 75.0 74.9
Bank debits, member banks in 101 cities:!
Production:
1,892 1,900
Total...
_
mil. of dol.. 10,077 11,363
9,656 11,216
Bituminous coalf;
thous. of short tons._
3,753 3,717
New York C i t y . . . .
do...- 3,659 4,320 3,377 4,252 4,707
Electric power..
mil. of kw-hr._
Currency in circulation^
.
...do
3,917 3,902
14,142 14,009 13,939 10,335 10,285
Petroleum t
thous. of bbl.
Federal Reserve bank credit, total...do
4,578 .4,494 4,042 2,250 2,291
Steel®...
1935-39=100. 193.7 193.5 192.0
901
903
12,246 12,304 12,303 12,632 12,749 Freight earloadings, total
Member bank reserve balances.do
thous. of carsExcess reserves, estimated
do
432
.433
2, lfiS 2,352 2,713 •4,602 4,655
Miscellaneous
^
. do~.• Data do not cover calendar weeks in all cases.
» Preliminary.
O Thursday prices.
t Daily average.
®Indei for week ended November
1
1 Debits to demand deposit accounts, except interbank and U. S.- Government accounts, in 101 cities.
o Direct and guaranteed.
A 402 stocks.

24,258 24,382
29,582 29,618
14,648 14,653
6,554
187
3.27
79.0

6,556
178
3.28
79.5

1,812
3,380
4,071
184.9
895
401
7,190.9.

1,863
3,341
4,099
181.0
914
406

MONTHLY BUSINESS STATISTICS
Earlier d*t* are AT&ilable in monthly issues of
the Survey and the the 1940 Supplement

19453

1941

SepSep.
tember tember

BUSINESS INDEXES
Income payments:
Indexes, adjusted:
Total income payments..
1935-39«= 100.. »173.0
' 191.1
Salaries and wages
do
»169.3
Total nonagricultural income
do
Total
_
mil. of dol— "10,128
*6,S62
Salaries and wages, total.
...do
'3,278
Commodity-producing industries
do
»30
Work-relief wages
do
Direct and other relief.
_
do
85
Soc.-sec. benefits and other lab. inc
do
»162
Dividends and interest.
...do
* 1,000
Entr'l inc. and net rents and royal's..-do
> 2,019
*8,855
Total nonagricultural income
do

July

August

Earlier data are available in monthly issues of
the Surrey and the 1940 Supplement

1943

1941

SepSeptember tember

1942
July

August

2,108
3,519
6,504
4,355
5,184

'2,181
3,533
'6,496
'4,371
'5,323

'142.4
' 161.2
135.0
151.6
95.4
121.4
107.4
'73.4
'93.1
65.6
'211.8
165.4
167.4
197.4

'145.9
'165.4
'134.8
'150.6
'96.7
'124.9
'108.4
'73.6
'92.4
'65.7
' 217.1
'163.3
' 170.7
'211.4

EMPLOYMENT AND WAGES—Con.
143.1
160.1
141.3
8,280
5,431
2,481
79
89
151
918
1,691
7,328

EMPLOYMENT AND WAGES
Employment:
Employment estimates, unadj. (TJ. S. Dept.
of Labor) :f
Employees in nonagricultural establishments,
total
thousands36,056
Manufacturing
..do
15,235 13,571
911
Mining „.
„
do——
984
Preliminary.
' Eevised.
491123-42




1942

Em ploy ment— Continued.
Employment estimates, unadj.—Continued.
'168.7 '171.6
Employees in nonagricultural establishments,
••185.1 '188.6
total—Continued.
••166.4 '168.1
Construction
thousands- 2,119 2,184
3,539 3,418
--9,329 ' 9,157
Transportation and public utilities...do
6,562 7,008
'6,486 '6,639
Trade
do
4,391 4,325
••3,089 '3,209
Financial service and misc
do
4,566
5,M6
45
35
Government
do
86
86
Manufacturing, unadjusted (U. S. Dept. of
172
167
Labor)f
1923-25=100.. 148.2 135.2
168.2 142.1
••827
417
Durable goodsf
do
140.5
134.4
Iron and steel, etc., not incl. machy_.do
1,758 '1,848
148.9
149.4
Blast fur., steel wks., and roll, mills-do
8,341 '8,069
116.0
97.2
Hardware
do
125.8 109.5
I Struc'l and ornam'l metal work
do
145.0
106.0
Tin cans and other tinware
.do
72.1
80.4
Lumber and allied products
do
92.4
107.6
Furniture
do.
63.6
70.4
Lumber, sawmills
do.
220.8
179.3
Machinery, excl. transp. equip
do
37,234 '37,802
Agric'l implements (incl. tractors)..do.... 158.5 170.7
171.4
147.0
14,641 '14,980
Foundry and machine-shop prod...do
223.3 212.5
923
Eadios and phonographs
do
918
fBevised series. See note on corresponding item in the October 1942 SURVEY.

MONTHLY BUSINESS STATISTICS—Continued
Earlier data are available in monthly issues of
the Survey and the 1940 Supplement

1942

1942

1941

SepSeptember tember

July

August

Earlier data are available in monthly issues of
the Survey and the 1940_Supplement

EMPLOYMENT AND WAGES—Continued

FOODSTUFFS—Continued

Employment—Continued.
Manufacturing, unadjusted—Continued.
Durable goods—Continued.
Metals, nonferrous, and products
1923-25=100.
Stone, clay, and glass products
do.-Brick, tile, and terra cotta.
_do-..

Distilled spirits:
Production
thous. of tax gallons..
Tax-paid withdrawals
do...
Stocks
ido...
Whisky:
Production
do....
Tax-paid withdrawals
do...
Stocks
do™.:
Rectified spirits and wines, production, total
thous. of proof gal..
Whisky
...do.

Glass

•-. - - ^ i , . - - , - - - - _.._-_ - . d o . - -

Transportation equipment!
do...
Automobiles..
...
do...
Nondurable goods!.
do...
Chemical, petroleum and coal prod..do....
Chemicals.*
.do...
Paints and varnishes
".do..Petroleum refining.
do...
Rayon and allied products
do.~
Food and kindred products
do_~
Baking..
do...
Slaughtering and meat packing
do
Leather and its manufactures
do..;
Boots and shoes
do...
aper and printing
do.
Paper
do
Paper and pulpp u i l p d do.—
o
Rubber products
do-..
Rubber tires and inner tubes
do
Textiles and their products}.,
do.-..
Fabrics!-.—
do...
Wearing apparel
do.-..
Tobacco manufactures
._do
Manufacturing, adjusted (Fed. Res.)!--.do.-..
Durable goods!.
..do....
Nondurable goodsf
do....
Pay rolls (U. S. Department of Labor):
Manufacturing, unadjusted!
_do....
Durable goods!
_
...do...
Iron and steel, etc., not inch mach__.do.-Blast fur., steel wks., androll.mills.do..Hardware
do
Struct'l and ornamt'l metal work..do
Tin cans and other tinware
do
Lumber and allied products
do
Furniture
do
Lumber, sawmills
do
Machinery, eicL transp. equip
do
Agric'l implements (incl. tractors).do
Foundry and machino-shop prod__.do..-.
Radios and phonographs
do.._.
Metals, nonferrous, and products
do
Stone, clay, and glass products
do
Brick, tile, and terra cotta
do. _..
Glass
do....
Transportation equipment!
do....
Automobiles...
.
do....
Nondurable goodsf__
do.-.:
Chemical, petroleum, and coal prod.do.-.
Chemicals
...do
Paints and varnishes
do
Petroleum refining
.
do
Rayon and allied products
do
Food and kindred products
do
Baking
.
do....
Slaughtering and meat packing
do
Leather and its manufactures
do
Boots and shoes
do
Paper and printing
do
Paper and pulp
do
Rubber products
L..do
Rubber tires and inner tubes
.do
Textiles and their products!
.-.do
Fabrics!
do
Wearing apparel!-----r - -do
Tobacco manufactures
...do

146,6
'92.1
'69.1
'115.5

150.0
92.3
66.2
119.1
326.4
103.2
129.2
163.4
193.2
125.6
133.8
310.6
179.3
165.3
149.2
91.4
SS.2
114.7
118.8
107.4
88.3
103.8
102.5
118.2
66.9
145.0
167.2
123.8

146.4
101.8
79.1
130.3
191.1
124.1
128.7
147.6
182.4
143.9
128. 5
327.0
163.2
153.5
123.6
98.9
95.2
124.9
128.4
111.5
86.5
115.5
103.3
131.3
63.9
132.3
141.3
123.8

220.5
274.9
194.3
206.9
155.1
176.6
153.3
93.7
110.9
83.4
375.1
245.9
200.1
340.0
236.3
103.6
71.0
151.9
555.3
162.3
159.6
246.0
307.4
163.6
198.7
402.5
209.3
189.5
186.4
110.5
105.7
130.3
163.6
157.6
140.6
128.9
132.1
114.7
83.7

162.6
183.3
170.6
178.4
148.7
123.6
187.6
90.8
118.0
77.5
249.6
230.7
187.8
254.4
185.6
105.4
76.2
160. 5
252.9
159.3
139.5
188.5
250.9
169.9
166.4
374.3
170.5
157.4
145.8
101.6
95.3
133.3
163.0
134.8
107.3
123.4
118.0
126.3
70.4

-•128.3
162.3
' 147.0
••131.0
124.3
129.9
r
105. 7
'78.3

556
27
54
77
355
43
5,473
268
646
1,661
2,276
622

-735
46
39
123
460
67
9,393
447
594
4,189
3,239
924

764
52
63
120
465
64
8,548
'916
584
2,078
3,950
1,021

697,792
546,791
104,971
399,706
154,632

[88,979
111,241
43,521
312,288
104,358

665,182 683,807
537,412
91,939 103,463
390,477 399, 292
33,001 135,264

6,587
6,208
8,593

5,341
5,296
8,381

6,984
6,864
8,487

' 292.2

95.0
' 124. 6
' 158.4
'r 196.0

126. 3

133.9
309.1
" 156.7
' 159.9
150.7

96.2
93.5
115.6
121.5
'101.9
'82.9
108.2
r
104.1
* 112.6
64.5
143.7
161.8
126.4
'r 204.6
252. 7
' 188. 2
' 202.0
150.7
159.0
146.7
'92.7
109.6
'83.3
' 351.1
255.4
250.3
293.1
'r 223.1
101.0
71.9
' 145.9
' 475.3
147.9
' 150.8
' 233.4
' 313.8
161.6
186.5
392.6
186.5
'1SL9
188.1
110.2
103.4

FINANCE
C ommercial 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 t o t a l s .
.thous. of dol__
Commercial service, total
do
Construction, total
do
Manufacturing and mining, total
do
Retail trade, total
- do _
Wholesale trade, total
.do.—

47
66
119
405
61
6,781
538
520
2,249
2,475

FOODSTUFFS
Fermented malt liquors:
Production.
Tax-paid withdrawals
Stocks
_
r

thous. of bbl..
do
_.
_do

Revised.
• Not including high-proof spirits produced at registered distilleries.




6,814
8,651

1941

SepSeptember tember

1942
July

August

"6,526 21,201 "7,968 «6,893
15,129 '11,985 12,801 15,380
'521,243 547,678 '537,737 •529,089

' 149.0
'92.5
4,945
'68.2
10,068
'117.9
500,147
'311.2
'98.8
7,756
f
127.2
6,753
'r 159. 9
194.4
FUELS AND BYPRODUCTS
'r 125. 6 Coal:
134. 5
Bituminous:
' 307.3
Industrial consumption, total
' 167.4
thous. of short tons.. 35,055
' 162.7
Stocks, industrial and retail dealers, end of
' 150.2
month, total
thous. of short tons.. 87,297
94.1
Industrial, total
do
77,247
91.6
10,050
Retail dealers, total..
do
'115.0 Coke:
'119.5
Production:
105.1
692
Beehive...
do
86.3
Byproduct
do
5,163
' 109.6
Stocks, end of month:
'103.4
1,614
Byproduct plants, total
do
'118.9
1,021
At furnace plants
_
.do
'66.3
At merchant plants.
do
593
' 145.0
' 165.7
LEATHER AND PRODUCTS
' 125.2
Production, boots, shoes, and slippers:
r
214. 7
Total
I
thous. of pairs.. 36,906
' 266.7
452
Athletic
do.
' 192.1
237
All fabric (satin, canvas, etc.)
do.
' 202.8
716
Part fabric and part leather
do.
' 153.9
30,921
nigh and low cut, lcathor, total
do.
' 174.6
3,283
Government shoes*.
do.
' 152. 9
Civilian shoes:
'97.0
1,419
Boys' and youths'
do.
'112.9
2,074
Infants'
do.
'87.2
3,050
Misses' and children's
do.
7,498
' 367.1
Men's
do.
13,596
' 259. 5
Women's
do
4,217
' 261.1
Slippers and moccasins forhousewear_.do
362
'313.4
All other footwear
do.
' 232.0
' 105. 5
METALS AND MANUFACTURES
72.5
' 157.3 Steel manufactured products:
' 519.1
Boilers, steel, new orders:
' 157.6
Area
thous of sq. ft...
' 153.6
Quantity..
1
...number.. 2,346
'237.4 Foundry equipment:!
' 309.1
New orders, net total
1937-39=100.. 446.4
452.4
' 162.8
New equipment
_
...do.
428.4
' 189.6
Repairs
do.
'400.4
PAPER AND PRINTING
' 196. 7
' 186.7
'185.9 Wood pulp:
Production, total, all grades
short tons.. 751,412
'107.4
Sulphate, total
do.. 360,614
'101.9
302,746
__bleached
..do
'129.9
Unblc total
* '
Sulphite,
__do....
165.1
133,068
Bleached
.
do
'154.0
44,562
Soda
.
..do
'135.4
119,270
Groundwood
do
' 131.1
180,522
Stocks, end of month, total, all grades
do
' 133.4
76,128
Sulphate, total...
_
do
'118.6
69,372
Unbleached
do
'84.1,
42,041
Sulphite, total
.
do
26,427
Bleached
_
..do
Soda
d o . . . . 5,104
Groundwood
d o — 57,249

TBANSPORTATION
Financial operations (class I steam railways):
Operating revenues, total
thous. of dol..
Freight
do
Passenger
do
Operating expenses
do
Net railway operating income-.
do

1943

5,744
9,543 7,039
9,204 8,585 10,144
499,503 515,847 507,493
•6,401 6,199
' 4,830 5,499

7,548
6,652

31,928 34,306

' 34,686

56,994 77, 583 • 82,6S6
48,044 69,003 ' 73,186
9,500
8,950 8,580
606
4,811

5,278

5,315

1,580
881

1,469
999
470

1,564
1,026
539

43,815 41,689 ' 38,796
424
.459
512
175
146
273
611
671
1,017
35,558 35,912 ' 33,046
1,324 3,678 ' 3,879
1,812
2,403
4,025
10,473
15,522
6,019
436

1,562 f 1,392
2,125
2,151
3,602 '3,224
8,578 '7,446
16,341 '14,980
3,850 '4,080
••460
650

1,566
1,106

2,316
1,091

••1,832
'906

'363.8
372.0
339.2

800.8
909.1
474.0

510.8
536.7
433.0

753,629
361,272
310,525
225,818
132,651
41,584
124,955
173,728
41,340
37,383
42,313
24,151 27,332
4,456 4,325
36,646 85,750

796,070
385,750
328,767
241,701
145,693
'4,651
123,968
190,631
64,881
60,293
48,568
32,386
5,013
72,169

797,725
366,776
312,949
243,713
142,000
50,008
137,228
95,622
15,921
11,480

TEXTILE PRODUCTS
Cotton manufactures:
Finished cotton cloth, production:
Bleached, plain
thous. of yd.. 179,363
Dyed, colors
.
'_._:
do__._ 157,074
5,472
Dyed, black
do
Printed
do.— 65,606
Rayon:
38.3
Deliveries (consumption), yarn*
mil. of lb._
7.8
Stocks, yarn, end of mo
do....
TRANSPORTATION EQUIPMENT
Railway equipment (Assn. of Amer. R. R.):
Freight cars, end of month:
Number owned
thousands. _ 1,737
46
Undergoing or awaiting cl. rep
do
2.7
Percent of total on line
Orders, unfilled
_._cars.. 35,637
28,352
Equipment manufacturers
do
7,285
Railroad shops
do
Locomotives, steam, end of month:
Undergoing or awaiting cl. rep
number, - 2,381
6.1
Percent of total on line
314
Orders, unfilled
number. _
Equipment manufacturers
-do—
Railroad shops
do...-

85,786 189,214 178,185
38,437 150,832 149,159
5,J21
5,730
98,757 55,732 60,073
40.0
6.G

'38.1
7.4

1,676 1,737
55
73
3.2
4.4
86,943 35( 442
63,607 24,974
23,336 10,468

1,737
53
3.1
34,195
24,626
9,569
2,593
6.6
323
256
67

37.0
4.9

4,022
10.2
309
263
46

2,669
6.8
334
284
50

•New series. See note on corresponding item in the October 1942 Survey.
fRevised series. See note on corresponding item in the October 1942 Survey.