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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 6, 1941
SUMMARY OF BUSINESS TRENDS
USINESS activity during October again, advanced at a
B
restricted rate as further adjustments were made necessary
by expanding defense production. Automobile assemblies rose
only slightly to 92,900 in the week ended November 1, as against
118,100 units in the comparable week last year. Steel operations,
on the other hand, advanced during October, though a small
recession to 98 percent of capacity is expected this week. The
suspension of "captive" (steel company) mines, subsequently
rescinded for a 2-week truce period, reduced bituminous coal production in the last week of October below the 10,810 tons
produced in the week ended October 25. Freight carloadings
receded from. 922,900 to 913,600 in the fourth week of October,
after having failed to show the usual autumn rise over the high
traffic levels of July and August. Electric power production
continues close to the yearly peak thus far, but reflects a shortage
of power facilities in the Southeast, as well as a failure of industrial
demand to increase at the rate in earlier months this year.
Price indexes have temporarily leveled off somewhat. The
weekly all-commodity price index receded during the latter part
of last month to 91.2 (1926= 100) compared with the high of 91.7
established at the mid-month. However,* this was largely due
to declines in farm products and foods. Such important price
groups as hides and leather products, textiles, metals and metal
products, building materials, chemicals, and housefurnishings
continued their previous advance during October, though at a
somewhat slower pace.
The seasonally adjusted index of income payments scored
another sizable advance of 2.1 points in September to 136.9
(1935-39=100). Heavy marketings of farm products, at high
prices made for a large increase in farm income. However, nonagricultural income has also continued to expand.
The manufacturing industries added about 218,000 workers in
September. -Sizable increases were confined to transportation
equipment—aircraft, shipbuilding, and automobile workers—
though the last was less than the usual seasonal. The machinery,
iron and steel, and nonferrous metal industries continued to
make slow progress in the expansion of employment called for
by defense. In the aggregate, factory working forces increased
only about 2 percent, less than the seasonal rise usual in more
normal times. This was also the case for the total of non-agricultural employment, though it expanded by 439,000 in September.
SELECTED BUSINESS INDICATORS
STEEL INGOT PRODUCTION
ELECTRIC POWER PRODUCTION
FREIGHT- CARLOADINGS
(PERCENT OF CATOCITY)
{BILLIONS OF KILOWATT HOURS)
(THOUSANDS OF CARS)
AUTOMOBILE
PRODUCTION
BITUMINOUS COAL PRODUCTION
MISCELLANEOUS CAR LOADINGS
(BULY AVERAGE-THOUSANDS OF TONS)
(THOUSANDS OF CARS)
(THOUSANDS OF VEHICLES)
WEEKLY WHOLESALET-pRICE I N D E X r A L L
(1926- 100)
too
COMMODITIES
110
IOO
95
«z
90
85
80
V
—**—J
75
,,.,,1,,!.,
70
90
80
70
,, 1,, 1,, 1,,
60
•"I
L/*
Vy
IT
, , t . , 1 . , i . .
.. 1 , , 1 . . 1 . .
,
l,.i
PAYMENTS
(SEASONALLY ADJUSTED 1935-39-100)
MONTHLY DATA
140
160
I
130
RAVROLLS
120
EMPLOYMENT^
(ADJUSTED)
IOO
_
~ll
60
wV
150
MONTHLY DATA
140
80
.
INCOME
FACTORY EMPLOYMENT AND PAYROLLS
(1923-25 - IOO)
180
PRICES OF 3 5 4 INDUSTRIAL STOCKS
(1935-39-100)
WEDNESDAY CLOSE
—
---• ~
^
^
TTTTrrT. i..
423830-41
_
^fi^
^
120
* ^
110
^
v?^~
1938
>.
(UNADJUSTED)
^
^
»*•
• ••
IOO
"*r
1939
1
i
1940
1941
90
•
^
.
, , i, . 1. , i , .
1938
. . 1 . . I . . 1 , . . . 1 . . 1 . , t .-. '
1939
1940
.,
WEEKLY BUSINESS INDICATORS
[Weekly average, 1923-25^100, except as indicated]
1939
1940
1941
Business activity:^
New York Times§
Barron's
Business WeekA—
Commodity prices, wholesale:
Dept. of Labor:
Combined index, 1926=100.
Farm products
_.
Food..
Allother
,
_.
28 basic commodities©
Fisher's index, 1926=100:
Combined index..
__.
Copper, electrolytic?
Cotton, middling, spot
Construction contracts!
Distribution:
Carloadings..
Department store sales*.
Employment, Detroit, factory...
Finance:
Bond yields.?
'.
126.7 126.2 126.5 127. 4 113.6 113. 8 110.2 110.2
139.5 139.5 138.2 139. 0 118.8 118. 9 112.7 110.9
159.6 159.4 159.4 159.9 138.0 138.4 122.0 121.6
91.2
88.1
87.5
93.0
153.2 152.2
91.7
89.8
88.4
93.1
149.6
91.6
90.5
89.2
92.3
154.2
91.6
90.3
89.7
92.1
155.9
78.5
66.5
70.8
83.7
113.6
78.6
67.0
70.8
83.7
113.5
79.3
67.5
72.3
84.4
121.3
1940
1941
Nov. Oct. Oct. Oct. Oct. Nov. Oct. Nov. Oct.
4
28
1
25 18 11
79.2
67.2
72.3
84.2
122.6
9S.3 97.7 98.3 9S.4 98.8
85.5 85.5 85.5 85.5 85.5
65.1
62.9 63.2 62.5
137.3
83.3 83.3 84.0 83.7
85.5 86.2 89.1 89.1
36.0 36:0 35.3 35.3
109.7
57.0
95.9 16.9 94.9
130 131 130
114.8
83.4 87.9 84.1 87.1
117 121 123 114
102.4
120.
56.7 56.8 56.8 56.8 57.0 59.8 59.8 65.0 65.3
1939
Nov. Oct. Oct. Oct. Oct, Nov. Oct, Nov. Oct.
2
26
1
25 18 11 4
4
28
Finance—C ontinued.
Stock prices?
Banking:
Debits, outside N. Y. C.?.__.
Federal Reserve reporting
member banks:
Loans, total
_.
Interest rates:
Call loans*.
,
Time loans?
Currency in circulation?
Production:
Automobiles
,
Bituminous coal?.
Cotton consumption
f
1
Electric powerd
Lumber...
Petroleum?..
Steel tn»ots<8>
_
Receipts, primary markets:
Cotton
Wheat
8.1
19.1 91.5 13.1 100.2 99.5 113.6 116.2
124.4 151.5 124.4 119.7 132.4 100.8 107.5 100.0 92.5
89.6 89.7 90.0 88.6 88.2 71.3 71.1
24.2 24.2
24. 24.2 24.:
28.6 28.6 28.6 28.6 28.6 28.6 28.6
212.8 211.8 211.7 211.0 210.0 170.8 169.7
68.2 67.8
24.2 24.2
28.6 28.6
161.8 150.6
118.1116.8 108.9 ]00.6 97. 150.2 148.9 105.2 99.5
105.8 107. 109.1 108.9 84.8 86.2 103.6104.3
159.4 154.2 154.7 125.9 124.0
154.9 153. 155.6 154.5 135.3 134.6 122.5 123.1
67.8 64.6 63.8 64. 54.3 3.1 56.2 61.6
203.3 203.9 201.9 191.5 172.6 180.5 173.6 173.5
179.9176.1 177,: 176. 174.5 164.1162.8 156.3 154.9
180.4 173.5 172.7 160.4 181.9 226.9 208.5 215.4 242.7
67.9 82.3 88.1102.7 99.4 45.6 47.8 41.2 57.0
• Data do not cover calendar weeks in all cases.
^Seasonally adjusted.
?Daily average.
<?Weekly average, 1935-39=100.
5 Computed normals 100. Index revised beginning Jan. 8,1938; revised data not given In the issue of Jan. 23, 1941, and subsequent issues will be shown later.
ARevised beginning Jan. 4,1941.
fRevised seasonally adjusted index on 1935-39 base compiled by the N . Y. Cotton Exchange.
©Thursday prices: August 1939=100.
®Index for week ended Nov. 8 is 176.9. Data for 1941 are based on production of steel ingots and steel for castings.
•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
Nov.l
COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New York?_
dol. per lb__
Cotton, middling, spot, New York
do
Food index (Dun & Bradstreet)
do
Iron and steel, composite—
-dol. per t o n Wheat, 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:
Federal Reserve bank credit, total
do
17. 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 5
_
do
U. S. Government direct obligations
do
Obligations fully guaranteed by TJ. S. Governmentmil. of dol..
Loans, totals
do.__.
Commere'I, indust'l, and agricult'l loans $—do
Interest rates, call loans?
.percentInterest rates, time loans?
do.._.
Exchange rates: Pound sterling?
dollarsFailures, commercial
.numberCurrency in circulation?
mil. of dol..
Security markets:
Bond sales (N. Y. S. J?.)..thous. of dol. par v a l u e Bond yields (Moody's) (120 bonds)?
percentStock sales (N. Y. S. E.)
_
thous. of s h a r e s Stock prices (N. Y. TimesH
dol. per s h a r e Stock prices (Stand, and Poor's) (402)1-.1935-39=100Industrials (354)
do.
Public utilities (28)
.„
do.
Railroads (20)
do.,
PBODUCTIOtf, CONSTRUCTION, AND
DISTRIBUTION
Production:
Automobiles (Ward's)..number..
Bituminous coal?
thous. of short tons,.
Electric powerA
mil. of kw.-hr._
Petroleum?.
_.thous. of bbl..
Steel ingots©.
_
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 calvesf—thousands,.
Hogst
do....
Cotton into sight,thous. of bales..
Wheat, at primary markets
thous. of bu—
1933
Nov. 5
0.118
.172
3.26
38.15
1.13
0.118
.170
3.29
38.15
1.10
0.118
.175
3.32
38.15
1.13
0.118
.177
3.34
38.15
1.15
0.118
- .098
2.34
38.06
.81
0.119
.098
2.33
38.07
.83
0.123
.096
2.43
37.62
.85
0.123
.096
2.44
37.56
.83
0.110
4,330
5,769
4,758
7,024
3,865
5,763
3,706
5,548
4,381
6,136
3,052
4,985
4,123
4,638
3,118
4,239
2,291
2,184
12,749
4,655
2,265
2,184
13.290
5,209
2,244
2,184
13,240
5,193
2,352
14,143
6,940
2,765
2,721
11,814
5,376
2,771
2,736
11,950
5,534
24,258
5,440
18,379
11,318
24,382
5,439
18,406
11,310
2,313
2.184
13,321
5,234
24,640
5,436
18,141
11,043
4,145
4,490
2,582
2,564
8,686
3,217
3,213
4,160
2,250
2,184
12,632
4,602
3,581
4,674
2,381
2,333
14,177
6,930
24,400
5,444
18,056
10,985
24,277
5,429
18,101
10,982
21,858
5,349
21,643
5,355
15,599
9,317
18,556
5,249
14,207
18,721
5,251
14,178
. 8,628
15,766
5,155
13,081
8,132
15,995
5,156
13,147
8,154
3,330
11,203
6,554
1.00
1.25
• 4.033
187
10,335
3,343
11,212
6,556
L00
1.25
-4.033
178
10,285
11,244
6,568
1.00
1.25
• 4.033
178
10,280
3,322
11,076
6,501
1.00
1.25
• 4.033
210
10,247
3,319
11,024
6,447
1.00
1.25
•4.033
2,617
8,890
4,746
1,686
8,327
1.00
1.00
1.25
•4.026
263
8,240
2,232
8,521
4,310
1.00
1.25
3.992
318
7,370
2,226
8,479
4,292
1.00
1.25
4.757
1,687
8,346
3,915
1.00
1.25
4.766
10,199
2,627
8,909
4,773
1.00
1.25
• 4.034
262
8,296
6,720
6,672
36,500
3.27
3,023
85.56
79.0
80.1
76.7
46,190
29,460
3.28
2,726
86.57
79.6
80.6
78.4
70.1
39,130
3.23
2,960
88.86
81.4
82.5
79.5
71.2
44,470
3.29
2,326
90.38
82.7
84.0
80.1
71.4
33,580
3.45
4,801
97.35
86.8
86.2
95.1
73.2
31,850
3.45
3,191
96.64
86.2
85.6
03.8
72.7
37,830
3.75
6,530
110.35
100.2
101.2
101.4
85.1
41,550
3.77
7,051
111.88
102.6
103.8
102.2
88.9
40,120
3.98
6,854
106.10
99.5
102.1
94.9
78.8
45,680
4.00
9,041
106.97
100.4
102.9
96.3
79.6
92,879
91,855
1,802
3,299
4,099
97.8
85,600
1,825
3,273
4,111
98.4
22,045
79,065
1,858
3,315
4,071
98.1
76,820
1,854
3,290
3,861
96.9
118,092
1,444
2,882
3,480
95.7
17,616
117,080
1,468
2,867
3,640
94.9
82,690
1,704
2,609
3,501
91.0
78,210
1,777
2,622
3,499
90.2
9,147
75,830
1,372
2,271
3,629
56.8
65,335
1,467
2,284
3,238
53.7
14,733
913.605
178.360
45,917
35,083
20.378
159,828
68,455
405,684
922,884
180,655
46,317
37,564
22,805
159,285
68,808
407,450
903,877
184,853
44,832
36,553
20,226
160,718
64,096
917,516
183,657
46,438
40,180
18,891
161,309
70,114
396,927
794,797
137,655
40,872
35,592
19,830
155,303
61,981
343,564
837,657
143,419
43,604
40,421
22,509
156,728
68,512
357,464
801,108
167,115
37,380
37,530
19,809
159,160
66,976
323,138
829,353
171,971
37,625
40,232
20,410
708,590
337,668
672,967
134,330
28,338
39,460
19,152
157,834
23,496
270,357
264
464
6,547
316
316
449
7,012
278
265
417
8,168
278
265
473
7,906
283
373
590
3,628
292
377
542
3,799
560
3,280
631
4,533
456
5,051
486
5,184
469
5,400
3.28
3,197
79.5
80.6
77.6
69.5
1.25
4.005
300
7,315
159,3S9
62,063
.089
2.38
36.56
.64
3,892
?Daily average- • Data do not cover calendar weeks in all cases. <» Free rate. IRevised series. Earlier weekly data will be shown In a subsequent issue.
§Data for 1938 not strictly comparable with data for later years; see note on corresponding data shown on p. 51 of the 1940 Supplement.
© R a t e for week ended Nov. 8 Is 98.2; data beginning with July 1941 are based on estimated capacity as of June 30,1941, of 86,148,700 tons.
tReceipts at Buffalo and Cincinnati are now included and receipts at Oklahoma City and Wichita, formerly included, are omitted.
A D a t a revised beginning in the June 19,1941, issue to include certain additional governmental and industrial power generation not previously reported.
Oct,
0.118
.171
3.28
38.15
1.12
9,374
Oct. 26
Oct.
Oct. 11
172
Nov. 2
1939
Oct. 18
86.93
Oct. 4
Nov. 4
Oct. 25
0.110
.089
2.33
36.54
.65
2,580
2,664
8,740
3,275
142,330
30,036
46,901
21,053
158.897
24,609
284,764
MONTHLY BUSINESS STATISTICS
1941
Earlier data are available in monthly issues of the
Survey and the 1940 Supplement
COMMODITY PRICES
Prices received by farmers:
U. S. Department of Agriculture:
Combined index
__
1909-14=100..
Chickens and eggs
do
Cotton and cottonseed
do
Dairy products
do
Fruits
do
Grains
_
do—
Meat animals
do
Truck crops
__
.'.do
Miscellaneous
_do
Stocks:
FINANCE
Dividend declarations (N. Y. Times):
Total
_
_
thous. of dol..
Industrials and miscellaneous
do
Railroads
do___.
Prices:
Dow-Jones & Co., Inc. (65 stocks)
dol. per share-.
Industrials (30 stocks)
do
Public utilities (15 stocks)
do.-..
Rails (20 stocks)
do....
New York Times (50 stocks)-do....
Industrials" (25 stocks)
.do
Railroads (25 stocks)
do....
TRANSPORTATION
Freight-car loadings (A. A. R.):1
Total cars
thousands..
Coal
.do....
Coke
do___,
Forest products.
—
do.__,
Grains and grain products
.do....
Livestock
_
do...,
Merchandise, L c. 1
do...
Ore
do...
Miscellaneous
do...
FOODSTUFFS
Grains and grain products:
Corn:
Receipts, principal markets
thous. of bu.
Shipments, principal markets
do...
Oats:
Receipts, principal markets
do__.
Wheat:
Shipments, principal markets
do...
October
139
146
144
145
107
101
157
164
144
1940
October August
112
78
116
79
SO
112
99
100
' Revised.
• N e w series.
131
130
128
135
100
99
158
133
128
273,902 221,404 380,592
265,814 213,843 362,418
7,561
18,174
41.26
121.18
17.65
28.54
87.37
153.71
21.04
44.72
132.39
22.07
28.83
97.29
173.26
21.34
42.99
126.67
18.50
30.19
91.32
160.33
22.36
3,658
675
53
184
149
. 82
641
271
1,603
3,269
505
47
167
154
'275
1,400
4,464
840
66
248
224
55
784
386
1,861
24,041
17,099
37,609
18,660
18,776
15,124
6,720
4,238
14,607
16,394
15,284
17,637
SepSeptember tember
BUSINESS INDEXES
Income payments: t
Indexes, adjusted:
Total income payments
1935-39=100—
Salaries and wages
do
Total nonagricultural income
do
Total
mil. of dol..
Salaries and wages, total
j
do
Commodity-producing industries
do
Distributive industries
do
Service industries
do
Government
doWork-relief wages
do
Direct and other relief
do
Soc.-sec. benefits and other lab. inc
do
Dividends and interest
do
—Entrepreneurial income and net rents and
roytalties
—
mil. of dol..
Total nonagricultural income
do
Agricultural income:
Cash income from farm marketings:
Crops and livestock, combined index:
Unadjusted
1924-29=100Adjusted..
do.
Crops..do.
Livestock and products
do.
Dairy products
_
do
Meat animals
do
Poultry and eggs.
—
.do
Manufacturers' orders, shipments, and inventories:*
New orders, total
Jan. 1939=100..
Durable goods
do
Electrical machinery
do
Iron and steel and their products
do
Other machinery
do
Other durable goods
do
Nondurable goods
..do
Shipments, total
do.
Durable goods
do.
Automobiles and equipment
do
Electrical machinery
do
Iron and steel and their products
do
Transp. equip, (exc. automobiles)
do
Other machinery
do
Other durable goods
do
Nondurable goods
do
Chemicals and allied products
do
Food and kindred products
do
Paper and allied products..
do
1941
9 136.9
9 146.6
9 136.7
2,431
9 1,108
»950
P
P719
»80
*90
P148
July
114.6 '133.3
118.5 '144.4
115.3 '134.9
6,574 '7,463
4,223 '4,981
1,688 r 2,273
989 '1,085
883
937
548
'599
115
87
87
'90
152
'153
837
1,675
p 7,132
1,275
5,934
'1,349
'6,797
p 144.5
p 110.0
P99.5
p 119.5
p 123.0
9 128.0
95.0
75.5
64.5
85.5
92.0
88.0
67.0
99.0
98.5
83.5
112.5
107.5
122.5
90.5
M9S
*254
»302
164
211
228
199
212
225
133
145
158
100
161
180
244
165
171
134
212
295
339
281
294
301
159
185
222
159
246
245
452
251
210
151
164
133
173
P
P249
P247
*249
»163
P204
P234
P104
P266
P262
P652
»302
*233
P178
*>18S
*171
*190
138
131
137
Sep-
BUSINESS INDEXES—Continued
Manufacturers' orders, shipments, and inventories—Continued.
Shipments—Continued.
139
Nondurable goods—Continued.
141
150
Petroleum refining
J a n . 1939=100..
140
Rubber products
_
do
89
Textile-mil) products
do
106
Other nondurable goods.
do
166
Inventories, total
Dec. 31, 1938=100..
145
Durable goods
__
.do
131
Automobiles and equipment..
..do—
Electrical machinery
..do
Iron and steel and their products
do
Transp. equip, (exc. automobiles)
do
236,622
Other machinery
do
Other durable goods
do
229, 968
Nondurable goods
_
do.
6,654
Chemicals and allied products
do.
Food and kindred products.
do.
Paper and allied products
do.
42.90
Petroleum refining
_
do.
127.35
Rubber products
do
18.62
29.28
Textile-mill products.
do
90.91
-. Other .nondurable goods
, do
160.08
DOMESTIC TRADE
21.74
Retail trade:
Drug chain-store sales:*
Unadjusted
1935-39=100.
Adjusted
..do...
3,539
Rural sales of general merchandise:
652
Total U. S., unadjusted
1929-31=100..
52
East
do176
South
do.
167
MiddleWest
do.
59
Far West
do.
618
Total U. S., adjusted
do—
286
East.
—do.
1,529
South....
doMiddle West
do.
Far West
do.
EMPLOYMENT AND WAGES
27,496
Employment:
20,555
Employment estimates (U. S. Dept. of Labor):
Civil nonagri. empl., total*
thousands..
10,414
Employment in nonagri. estab., total
do....
14,0S6
Manufacturing
do.
Mining.
do
Construction
do
August
Transportation and public utilities
do
Trade.
do
Financial, service, and misc
do—
Government
do
Military and naval forces*
do
Manufacturing unadjusted (IT. S. Dept. of
' 134.8
Labor)f
1923-25=100'145.8
Durable goodsf
do.
'136.0
Iron and steel, etc., not incl. mchy...do
'7,270
Blast fur., steel wks., and roll, mills
'5,074
do—.
' 2,344
Hardware
do
1,094
Struc'l and ornam'l metal work
do
'942
Tin cans and other tinware
do
'614
Lumber and allied products..
do—
80
Furniture...
do—
'90
Lumber, sawmills..
_.
do—
'150
Machinery, excl. transp. equip
do
_444_
—Agric'l implements(incl. tractors).^..—
Electrical machinery, etc
do
' 1,512
Engines, turbines, etc.
do
' 6,459
Foundry and machine-shop prod d o —
Machine tools*
do
Radios and phonographs
do
Metals, nonferrous, and products
do
'123.0
Brass, bronze, and copper products.do
102.0
Stone,
clay,
and
glass
products
do
'95.0
Brick, tile, and terra cotta
do
'109.0
Glass
do'112.5
Transportation equipment
do—
'114.0
Aircraft*
do-.
87.0
Automobiles
do..
Shipbuilding*
do..
Nondurable goodst
do..
'196
Chemical, petroleum, and coalprod.^do
'257
Chemicals
do
'309
Paints and varnishes
do—
'223
Petroleum refining
do
'290
Rayon and allied products
do—
'265
Food and kindred products
do—.
'157
Banking
do—
188
Slaughtering and meat packing
do—
216
Leather and its manufactures
do—
'84
Boots and shoes
do—
'238
Paper and printing
do...,
'262
Paper and pulp
do....
'513
Rubber products
do...
2f»2
Rubber tires and inner tubes.do-_
'226
Textiles and their productsf
do...
164
Fabricsf
do....
166
Wearing apparel
do—
'150
Tobacco manufactures—
do.—
'181
9 Preliminary,.
See note on corresponding item in the October 1941 S U R V E Y .
1941
Earlier data are available in monthly issues of the
Surrey and the 1940 Supplement
1940
SepSeptember tember
1941
July
August
132.6
113.6
111
147
136
147
112.2
118.4
128.7
116.7
121.1
207.8
111.2
104.1
105.5
110.7
99.8
108.4
99.0
125.5
115.0
100.3
143
213
170
137
131.2
140.8
128.2
188.8
127.5
442.7
144.9
114.5
120.8
119.6
126.7
112.9
102.6
148.1
137.6
10S.3
'151
'203
' 195
164
'134.4
' 146.0
'151.9
' 196.5
' 126.8
' 474.3
' 149.8
'115.5
' 121.8
' 121.9
' 132.0
' 114. 6
' 102.2
' 143.6
' 134.2
'108.0
113.5
118.2
98.6
102.7
109.9
115.3
' 113.9
' 119. 9
183.8
181.9
239.8
158.8
221.2
173.9
185.1
217.2
154.9
189.1
135.1
136.7
163.8
117.7
163.5
127.8
139.0
148.4
114.9
139.7
129.7
151.1
134.1
120.9
131.6
177.7
212.2
197.5
163.9
160.5
170.7
186.0
183.9
153.3
194.7
208.7
233.3
255.0
185.8
211.4
40,065
36,528 39,281
' 39,626
33,922
12,386
906
1,957
30,385 33,138 '33,483
10,479 11,995 12,168
'900
846
888
1,921
1,511 1,895
V205
p 167
137.5
149.9
170.4
202.6
125.6
506.5
152.0
116.4
124.2
122.8
134.8
117.6
104.5
3,365
6,659
4,420
4,229
1,992
3,120
6,321
4,255
3,853
634
3,290
6,512
4,394
4,164
1,857
' 3,326
'6,564
4,394
' 4,210
1,944
135.6
142.3
140.8
111.4
108.2
113.6
'130.5
' 137.7
' 137.7
'132.8
'138.4
' 139.9
' 149. 1
123.2
147.2
149.2
101.2
'113.2
113.8
113.1
83.4
107.3 ' 109.5
108.1
105.2
'145.3
138.8
144.5
73.4
'79.5
'81.0
80.8
94.6
105.6
'108.4
107.9
66.3
'70.0
'70.7
70.9
123.1
172.3 ' 175.5
177.5
133:5
17L4
-172.0
'170.3
111.2 '163.8
'167.4
168.9
183.4
' 314.2
297.8
325.0
103.4 '142.6
'143.6
144.6
248.0
346.0 r351.5
357.4
159.5
'202.4
1SS.7
212.5
119.8
143.5
146.0
'145.7
146.6
189.7
194.9
' 192.8
85.8
99.6
101.5
'101.3
64.7
77.6
'79.4
79.1
109.3
127.9
' 130.0
129.8
127.0
179.5
192.8
' 171.4
8,564.9 3,764.3 \ 280.0 7,959.9
112.2 '126.9
'109.3
125.8
188.1 ••375.3 '387.5
443.5
114.4
123.7
'127.fi
129.2
123.0 ' 138.9 '141.8
146.1
143.4
175.8
'180.1
182.2
145.5
126.1
'144.7
144.1
127.4
122.6
'127.9
12S. 0
324.4
311.7
329.3
327.0
147.4 '144.6
158.2
165.3
146.6
153.7
'152.7
150.2
108.0
118.5
119.3
' 118.1
90.8
101.0
' 101.1
99.5
89.7
9S.1
98.3
95.8
116.2 • 123.0 ' 123.9
124.7
116.7
'127.8
126.0
128.7
89.4
111.4
'111.8
112.1
72.6
87.4
'86.7
86.8
102.6
113.2
' 115.5
115.6
92.8
107.0
'106.9
106.4
120.7
122.3
'129.8
131.6
65.8
65.4
'65.8
63.5
tRevlsed series. See note on corresponding item in the October 1941 SUBVEY.
I D a t a for August 1940 are for 5 weeks; other m o n t h s , 4 w e e k s . . . . . . .
MONTHLY BUSINESS STATISTICS—Continued
1941
Earlier data are available in monthly issues of the
Survey and the 1940 Supplement
1941
1940
Septerniber tember
July
August
1941
Earlier data are available in monthly issues of the
Survey and the 1940 Supplement
1940
SepSeptember tember
1941
July
August
EMPLOYMENT AND WAGES-Continued
EMPLOYMENT AND WAGES—Continued
Pay rolls (U. B. Department of Labor—Con.
Employment—Continued:
Manufacturing, unadjusted—Continued.
Manufacturing, adjusted (Fed. Res.)!
1923-25-= 100.. 132.5 108.9 133.3 '133.0
Nondurable goodst
....1923-25=100.. 140.0 107.7 • 130.7 ' 136.2
Chemicals, petroleum, and coal products
107.4 141.0 ' 141.1
Durable goods!
do
141.4
1923-25=100.. 186.4 138.1 175.9 ' 179.2
112.9 139.7 '140.3
Iron and steel etc., not incl. mchy
do
139.9
250.4
239.7
Chemicals
_
do
'247.3
170.9
150
149
123
Blast fur. steel wks., and roll, mills.do
149
170.0
172.7
135.6
115
171.3
Paints and varnishes
do
••116
102
Hardware
__
do,
114
168.3
157.2
139. 2
r 159. 1
Petroleum refining
..do
106
105
Struc'l and ornam'l metal work.___do,
81
104
369.1
368.6
327.7
368.2
Rayon and allied products
..do
••132
131
Tin cans and other tinware
do.
96
131
172.9
138.5 • 152.5 ' 165.2
78.4
Lumber and allied products
.do
Food and kindred products.. _do
79.0
70.6
77.7
157.3
140.8
153.1
' 155.2
Baking
J.do
107
Furniture
do
108
91
103
146.9
112.6
139.3
68
' 143.3
Slaughtering and meat packing....do
68
Lumber, sawmills
do
64
68
102.0
74.6
103.2
Leather and its manufactures
do
176.6
Machinery, excl. transp. equipment.do
'104.7
122.5 173.2
176.7
72.0
182
175
Agric'limplements (incl. tractors)..do
98.8 '100.7
95.7
Boots and shoes
_
do
141
180
113.4
'168
164
128.6 ' 130.9
133.2
Paper and printing..
do
111
Electrical machinery, etc
do
168
124.2
314
293
156.9 ' 162.7
163.1
Paper and pulp
do
182
Engines, turbines, etc..
do
323
95.7
135.6 ' 138.9
135.9
Foundry and machine-shop products
Rubber products
..do
84.6
144
118.4
109.9
144
1923-25=100..
Rubber tires and inner tubes
..do
103
145
116.5
92.6
113.6 '' 119.5
123.4
366
349
Machine tools*
do
247
Textiles and their products!
.do
356
84.8
113.3 '114.5
117.8
Radios and phonographs
do
191
Fabrics!
do
138
'187
183
102.5
107.3 r 121. 9
127.0
Metals, nonferrous, and products
do
Wearing apparel
do
118.6 148.3 ' 148.1
144.6
65.9
Brass, bronze, and copper products.do
193
70.2
Tobacco manufactures
_„
do
195
147
195
'70.0
Stone, clay, and glass products
do
98.6
Nonmanufacturing, unadjusted:
'98.4
83.0
98.4
73
Brick, tile, and terra cotta
.-do
Mining:
'74
61
74
51.1
39.3
131
'130
34.8
Anthracite
_
_
1929=100-. 49.6
Glass
do
109
129
83.2 ' 105.4 r 116.6
115.6
Bituminous coal
do
Transportation equipment.
do
130.2 196.4 ' 192.2
197.1
69.5 '79.3
85.9
86.5
Metalliferous^
do
Aircraft*do
8,830 3,881 7,208 '7,960
58.2 '61.4
63.3
Crude petroleum producing
do
'137
150
Automobiles.
do.
61.3
116
130
46.2 '55.5
60.6
380
Shipbuilding*
_
___
do.
'397
'59.2
Quarrying and nonmetallic
do
187
441
Nondurable goodst
do
Public utilities:
110.3 126.1 '125.3
124.0
Chemical, petroleum, and coal prod—do
114.2
105.8 ' 113.5 ' 115.2
Electric light and power!.
do
144.3
121.7 142.4 ' 145.0
173
Chemicals
do
'179
71.5 '75.8
78.1
Street railways and busses!
do
77.8
141
180
Paints and varnishes
do..._
145
'148
101.8 ' 113. 5 ' 115.2
Telephone and telegraph!
do
118.8
146
127
Petroleum refining
do
Services:
127
127
121
127
Rayon and allied products.
do
99.4
Dyeing and cleaning
do
326
91.6
328
85.6 '96.4
309
324
Food and kindred products
do
105.2
Laundries..
._
__
do
104.7
89.9 '106.7
139.2 126.9 137.1 ' 139.9
152
Baking.
do
89.1
149
89.0
Year-round hotels.do
144
81.8 '87.6
151
Slaughtering and meat packing
do
'119
119
Trade:
109
121
Leather and its manufactures
do
94.1
97.9
93.6
85.1
95.8
89.9 100.2
98.6
Retail, t o t a l t — — - —
-do....
Boots and shoes
do
97.5
94
97.8
107.0
97
90.5
88
94
General merchandising!
do
Paper and printing
do
89.2
88.0
90.6
124.2 115.7 124.8 ' 125.1
81.1
Wholesale
_.do—.
Paper and pulp
do
128 Wa;
126
129
117
Rubber products
do
National Industrial Conference Board:
89.7 113.0 ' 113.3
112.3
Rubber tires and inner tubes
do
Factory average weekly earnings
dollars.. 35.10 28.99 33.70
'87
87
34.10
73
87
Textiles and their products!.
do
.742
.818
Factory average hourly earnings
do.
101.9 120.1 ' 117.1
114.9
.822
109.6
93.5 111.1
107.4
Fabrics!do
116.5 135.1 '129.0
127.0
Wearing apparel
„
do
CHEMICALS AND ALLIED PRODUCTS
65.7
63.7
'64.4
61.6
Tobacco manufactures
do
Nonnifg., unadj. (U. S. Dept. of Labor):
Paint sales:
Mining:
Calcimines, plastic and cold-water paints:
Anthracite
1929=100..
195
49.3
213
Calcimines
thous. of dol._
50.0
49.8
183
50.0
178
Bituminous coal...
do
67
'92.6
90.3
87.7
51
Plastic paints...
do
94.2
57
50
Metalliferous
_
do
72.5 ••79.0
78.8
Cold-water paints:
80.0
Crude petroleum producing
do
63.0 ' 6 2 . 1
61.6
224
279
In dry form.
do
'62.3
193
246
Quarrying and nonmetallic..
do
48.9 '52.7
54.4
In paste form.
do
'53.9
462
311
359
Public utilities:
Paint, varnish, lacquer, and fillers:
Electric light and power!
do
95.3
92.7 ••94.6
94.6
Total
d o . . . . 48,354 33,937 46,809 46,807
Street railways and busses!
do
68.5 ' 6 9 . 5
69.9
Classified, total
_
do.... 33,981 24,101 33,705 33,575
69.6
Telephone and telegraph!
do
15,071 10,502 15,872 15,868
Industrial
do
78.9 ' 8 8 . 3
90.2
.89.1
Services:
Trade
do.... 18,910 13,599 17,833 17,707
Dyeing and cleaning
do
118.5
14,373
110.0 • 121.7
13,104 13,233
Unclassified
do
121.0
Laundries
do
114.6
101.9 115.8
113.1
Year-round hotels
*.
do
91.6 '04.5
FUELS AND BYPRODUCTS
94.8
95.3
Trade:
Retail, total!
do....
96.4 Petroleum and products:
96.7
92.8
General merchandising!
....do...., 112.2
Crude petroleum:
101.5
99.4 100.9
Wholesale
do....
07,756 121,180 124,572
95.4
Consumption (runs to stills)._.thous. of bb]__
90.9 ' 9 4 . 2
95.7
Labor conditions:
09,337 118,251 121,354
Production
_
do
Average weekly hours per worker In factories
Refinery operations
pet. of capacity..
90
(N.I. C. B.)
hours.. 41.6
41.0
Stocks, end of month:
41.2
39.0
Labor turn over In mfg. establishments:
California:
Accession rate...mo. rate per 100 employees..
6.00
6.21
5.43
75,392 66,454 64,729
5.16
Heavy crude and fuel
thous. of bbl._
Separation rate, total
do
4.24
4.14
3.22
35,460 35,651 34,560
4.53
Light crude
do
Discharges
—
* do
.29
.30
.16
.31
220,197 212,132 207,225
East of California, total
do
Lay-offs
do
1.40
1.13
1.16
1.48
44,778 44,472 43,483
Refineries
.do
Quits and miscellaneous
do
2.55
2.71
3.06
175,419 167,660 163,742
1.58
Tank farms and pipe lines
...do
Pay rolls (U. S. Department of Labor):
1,555 1,934
1,836
Wells completed..
.number.
Manufacturing, unadjusted t
1923-25=* 100.. 163.0
111.6 152.6 '157.8
Refined petroleum products:
Durable goods!
—do
115.1 172.3 ' 177.1
Gas and fuel oils:
183.5
Iron and steel and their products, not in
Production:
eluding machinery,1923-25=100-. 171.0 '118.0 166.3 ' 172.1
25,504 28,624 29,836
' Residual fuel oil
_
thous. of bbl._
1
Blast fur., steel wks., and roll, mills.do
127.9 * 181.6 '183.3
178.4
14,735 15,746 15,409
Gas oil and distillate fuels, total. do
Hardware..^
do
113.5 ' 124.1 ' 153.6
154.6
Stocks, end of month:
Struc'l and ornam'l metal work
do
74.8 112.1 '123.8
25,015 21,909 23,562
120.2
Residual fuel oil, east of Calif
do
116.8 171.3 ' 184.7
Tin cans and other tinware
do
187.5
37,166 34,337 36,845
Gas oil and distillate fuels, total....do
71.2
Lumber and allied products
...do
'92.5
85.6
91.2
Motor fuel:
87.4 110.1 ' 116.1
Furniture
_
do
52,297 63,093 62,944
118.4
Demand, domestic.
do.
63.8 ' 7 3 . 5
Lumber, sawmills
do
60,740
52,313
'80.6
77.8
Production, total
do
138.0 232.9 ' 241.3
Machinery, excl. transp. equip
.-.do
271
263
277
246.2
Benzol
.do—
156.2 228.4 '227.5
Agric'l Implements (incl. tractors) .do
22,254 23,962 24,790
230.5
Straight run gasoline
do—
131.4 '232.0 '240.0
' Electrical machinery, etc
...do
25,090 30,124 30,034
241.7
Cracked gasoline
do
251.1 503.8 '540.8
Engines, turbines, etc
do
4,706 5,252
565.1
5,639
Natural gasoline
do
Foundry and machine shop products
3,769
3,901
4,237
Natural gasoline blended
do
1923-25*= 100.. 183.8 105.4 176.5 ' 182.3
Stocks, gasoline, end of month:
Machine tools*...
do...
75,915 77,429 73,094
332.3 534.7 '553.4
585.3
Finished gasoline, total
do
Radios and phonographs
do...
49,040 49,092 45,463
161.5 218.7 '234.0
256.5
At refineries. _
do
Metals, nonferrous, and products
d o . . . 184.0
7,038 6,317
6,111
128.0 174.1 '182.0
Natural gasoline
do
Brass, bronze, and copper products.do
'273.9
177.6
272.2
Kerosene:
Stone, clay, and glass products
do
5,173
4,270
' 104.1
4,449
79.7
105.4
Consumption, domestic
do
' Brick, tile, and terra cotta
do
6,062 5,406
'77.0
5,850
54.0 '73.4
Production
do..
76.6
Glass
....do
10,254 10,635 11,636
120.7 147.1 ' 155.4
Stocks, refinery, end of month
do..
160.5
Transportation equipment
do
141.4 229.3 ' 224.1
Lubricants:
256.2
Aircraft*
do.
3,074
2,150
211.9 9,077.7 10,462.0
2,562
Consumption, domestic
do..
11,267.6
Automobiles
_
do.
2,682 3,663
3,561
Production. _
do..
125.1 158.0 ' 137.3
162.6
Shipbuilding*
.do.
8,596 7,107
7t206
227.3 ' 582.7 ' 614. 2
Stocks, refinery, end of month
do
704.9
a
' Revised.
Data for August are the latest available.
tRcvised series. See note on corresponding item in the October 1941 SURVEY.
•New series. See note on corresponding item in the October 1941 SURVEY.
@FedFRASER