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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 7, 1940 SUMMARY OP BUSINESS TRENDS THROUGHOUT the month of October there was a moderate X advance in industrial production. In addition to the steel, automobile, and machinery industries, available data indicate substantial increases in cotton, lumber, and paper production. Bituminous coal production, which had declined during the first 3 weeks of October following the establishment of minimum prices, increased at the month-end. Freight carloadings, lagging behind 1939 during October because of small coal movements, rose sharply in the week ended October 26 as coal loadings increased. Electric power output again moved higher. For the first week in November the steel-ingot rate was advanced from 95.7 to 96.0 percent of capacity. The upward movement in commodity prices was less marked toward the end of the month than in earlier weeks. In the final week of October the index of 28 commodities and the raw industrial classification advanced less than half of 1 percent, while agricultural staples declined. Rubber, tin, silk, and other import staples remained unchanged or decreased fractionally. In the heaviest trading in recent months on the security exchanges, industrial stock prices advanced moderately. The DowJones index rose from 132.26 to 134.85 in the week. The present level is now 20 percent above the low recorded in June. Railroad and utility stocks likewise moved up in the past week. Bond prices were little changed in October. Stock and bond flotations in the month were reported in substantially higher volume. Compared with recent years, a larger proportion of the new issues represents equity securities and a smaller proportion refunding operations. Construction awards reported by the F. W. Dodge Corporation disclose a contraseasonal rise in the first half of October. Increased publicly-financed construction in the nonresidential field was an important factor in the situation. Residential construction contracts receded from the 10-year high attained in August and September, but the F. H. A. reported a continuing large volume of home mortgages selected for appraisal. SELECTED BUSINESS INDICATORS "CRUDr OTURUNSTCrSTtt PRICES OF 2 8 BASIC COMMODITIES (AUG. . -EJ±A.^HOME MORTGAGES (NUMBER SELECTED.FPJtapFRAlSAL ON HOMES J O BE B U I L T ) MISCELLANEOUS -CAR -LOADINGS (THOUSANDS OF CARS) (MILLIONS OF BARRELS~ DAILY AVERAGE) INDEX COMMERCIAL LOANS (BILLIONS OF D O L L A R S ) BITUMINOUS COAL PRODUCTION (OAILY AVERAGE - THOUSANDS OF TONS) AUTOMOBILE PRODUCTION (THOUSANDS O f VEHICLES? PRICE FREIGHT CAR LOADINGS (THOUSANDS OF CARS) ELECTRIC POWER PRODUCTION (MILLIONS Of KILOWATT H O U R S ) STEEL INGOT PRODUCTION (PERCENT OF CAPACITY) 1939 = 100) OF 3 5 0 INDUSTRIAL STOCKS (INDEX, 1926*100) .80 1938 272390—40 1939 I.94Q 1937 1938 1939 1940 WEEKLY BUSINESS INDICATORS • [Weekly average, 1923-25=100] 1940 1940 1938 1939 Commodity prices, wholesale: Dept. of Labor, 1926=100: Combined index.... Farm products. _ _. Food Allother Fisher's index, 1926=100: Combined index Copper, elcctrolytict Cotton, middling, spot Construction contracts^ Distribution: Carloadings Employment, Detroit, factory Finance: Bond yieldsj.. Stock prices!.. 26 Finance—Continued. Banking: Debits, outside N. Y. C.t-— Federal Keservo reporting member banks: Loans, total.. Interest rates: Call loans* Time loanst _ Currency in circulation! Production: Automobiles Bituminous coalf Cotton consumption^ Electric powerf . Lumber Petroleumj. _ Steel ingots© Receipts, primary markets: Cattle and calves Hogs Cotton Wheat...... 109.3 108.1 108.2 107. 3 105.3 104.4 89.6 118.9 116.7 115.7 115.1 112.7 110.9 93.6 91.0 138.0 136.0 134.5 131.3 122.0 121.6 100.9 101.2 78.6 67.0 70.8 83.7 78.4 66.7 71.0 83.5 78.1 66.1 71.0 83.1 77.8 65.5 70.7 82.9 79.3 67.5 72.3 84.4 79.2 67.2 72.3 84.2 77.3 67.2 72.9 81.2 77.6 6S.2 73.8 81.3 83.3 83.3 83.4 82.8 82.4 84.0 83.7 80.4 80.4 85.5 86.2 85.5 85.5 85.5 89.1 89.1 79.7 79.7 36.0 36.0 36.0 36.0 36.4 35.3 35.3 32.7 32.7 57.0 92.3 91.8 87.9 85.4 85.2 84.6 84.6 87.1 70.6 74.4 88.0 102.4 117.3 59.8 59.8 60.0 60.1 60.3 65.0 65.3 69.0 69.3 113. C 115.2109.3 110.1 100.2 99.5 99.4 99.4 193S Nov. Oct. Nov. Oct. Oct. Oct. Oct. Nov. Nov. Oct. Oct. Oct. Oct. N o v . Oct. Nov. Oct. 29 28 5 12 19 26 Business activity:! New York Times§d'Barron'sef Business Week 1939 12 100.8 107.5 127.7 90.8108.0100.0 92.5 96.8 71.3 71.1 71.0 70.4 70.3 68.2 67.8 66.6 66.8 24.2 24.2 24.2 24.2 24.2 24.2 24.2 24.2 24.2 28.6 28.6 28.6 28.6 28.6 28.6 28.6 28.6 28.6 170.8 169.7 169.7 169.0 168.5 151.8 150.6 138.4 137.4 150.2 148.9 145.8 137.9 133,7 105.2 99.5 96.4 3.1 85.6 80.3 80.9 85.0 103.6 104.3 80.6 86.1 145.1 134.1L 133.2 130.8 126.8109.8 105.6 162.7 161.3 .. 3 16a 0 158.5 152.3 152.4 132.5 133.6 60.3 57.8 58.5 56.2 61.6 48.6 53.9 180.5 181.9 180.6 173.0 173.6 173.5 180.0 160.6 164.1 162.8 161.9 161.6 158.8 156.3 154.9 95.9 90.6 97.5 95.0 91.1 88.: 97.3 97.0 105.6 56.3 51.6 49.2 43.1 45.3 42.9 50.2 49.5 207. 7 195.0 212. 7 212. 3 153.8 215.4 242.7 175.4 186.9 57.0 63.5 65,2 45.6 51.7 46.9 •Data do not cover calendar weeks in all cases. § Computed normal=100. JDaily average. t Weekly average, 1928-30=100. ^Seasonally adjusted. ©Index for week ended Nov. 9 is 164.6. cf For description of these indexes, see p. 4 of the Dec. 16,1937, issue. WEEKLY BUSINESS STATISTICS* Nov. 2 Oct.2G Oct. 19 1938 1939 1940 Oct. 12 Oct. 5 Sept. 28 Nov. 4 Oct. 28 Nov. 5 1937 Oct. 29 Nov. 6 COMMODITY PRICES, WHOLESALE Copper, electrolytic, New Yorkt dol. perlb.. Cotton, middling, spot, New York do___. Food index (Bradslreet's). do... Iron and steel, composite dol. per ton_. Wheat, No. 2, Hard Winter (Kansas City) dol. per bu_. FINANCE Banking: Debits, New York City mil. of dol.. Debits, outside New York City (140 cities) do.... Federal Reserve banks: 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, t^tal§ do.... Commercial, industrial, and agricultural loans§ mil. ofdol.. Interest rates, call loanst percent.. Interest rates, time loans*.do.... Exchange rates: Pound sterling dollars.. Failures, commercial number.. Currency in circulation* mil. ofdol.. Security markets: Bond sales (iV. Y. S. £ . ) . . . 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. Times)t dol. per share.. Stock prices (Standard Statistics) (420) 1926=100.. Industrials (350) do.... Public utilities (40) do.... Railroads (30) do.... PRODUCTION, CONSTRUCTION, AND DISTRIBUTION Production: Automobiles! ..number.. Bituminous coat* thous. of short tons.. Electric power. mil. of kw.-hr__ Petroleum? thous. of bbl_. Steel ingots® _ ..pet. of capacity.. Construction contract awards! thous. ofdol Distribution: Freight-car loadings, 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._ 0.118 .098 2.34 38.06 .81 0.119 .098 2.33 38.07 .8* 0.118 .098 2.33 38.07 .82 0.118 .098 2.32 38.07 .81 0.118 .099 2.31 38.05 .79 0.114 .099 2.31 37.98 .77 0.123 .096 2.43 37.62 .85 0.123 .096 2.44 37.56 0.110 .089 2.38 36.56 .64 0.110 .089 2.38 36.54 .65 0.116 .079 2.76 39.17 .96 3,581 4,674 3,052 4,985 3,276 4,934 2,978 4,212 3,916 5,008 4,123 4,638 3,118 4,289 4,145 4,490 3,213 4,160 3,421 4,581 2,381 2,333 14,177 6,930 2,388 2,352 14,148 6,940 2,481 2,.384 14,016 2,445 2,399 13, 927 6, 816 2,482 2,424 13,800 6,721 3,112 4,292 2,472 2,434 13, 703 6,645 2,765 2,721 11,814 5,376 2,771 2,736 11,950 5,534 2,582 2,564 8,686 3,217 2,664 8,740 3,275 2,559 2,526 6,889 1,046 21,858 5,349 15,693 9,374 21,643 5,355 15,599 9,317 21,317 5,353 15, 525 9.283 21,238 5,353 15,527 9,272 21,152 21,080 5,352 15,477 9,203 18,556 5,249 14,207 18,721 5,251 14,178 15,766 5,155 13,081 8,132 15,995 5,156 13,147 8,154 14,610 5,278 12,029 7,96S 2,627 8,909 2,617 8,890 2,605 8,877 2,586 8,800 2,582 8,785 2,576 2,232 8,521 2,226 8,479 1,686 8,327 1,687 8,346 1,137 9,625 4,773 LOO 1.25 4,746 1.00 1.25 4,722 1.00 1.25 4,672 1.00 1.25 4,630 1.00 1.25 4,575 1.00 1.25 4,310 1.00 1.25 4,292 1.00 1.25 3,892 1.00 1.25 3,915 1.00 1.25 4,761 1.00 1.25 "4.034 262 8,296 « 4.026 263 8,240 • 4.033 262 8,240 * 4.036 270 8,209 « 4.036 252 8,182 " 4.037 258 8,109 3.992 318 7,370 4.005 300 7,315 4.757 4.766 4.980 6,720 6,672 6,568 33,580 3.45 4,801 97.35 82.2 95.4 81.4 27.6 31,850 3.45 3,191 96.64 81.6 94.8 80.3 27.4 30,350 3.46 3,068 96.52 80.9 94.1 79.5 27.1 29,130 3.47 2,127 95.53 80.0 92.8 79.4 26.8 41,780 3.48 3,427 98.85 82.3 95.7 80.3 27.9 37,230 3.49 3,503 97.68 82.2 95.5 81.0 27.3 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 40,120 3.98 5,854 106.10 94.2 113.0 81.2 29.7 45,680 4.00 9,041 106.97 95.1 113.9 82.4 30.0 35,390 4.15 6,251 94.02 84.9 99.4 78.3 31.5 118,092 117,080 1,458 2,711 3,640 94.9 114,672 1,368 2,687 3,668 94.4 108,457 1,378 2,665 3,642 94.2 14,824 105,153 1,447 2,641 3,489 92.6 95,990 1,698 2,670 3,800 92.5 12,026 1,764 2,537 3,501 91.0 78,210 1,777 2,539 3,499 90.2 9,147 75,830 1,372 2,207 3,629 66.8 65,335 1,467 2,226 3,238 53.7 14,733 95,770 1,491 2,202 3,533 48.6 837,651 148,419 43,602 40,421 22,509 156, 724 68,435 357,541 813,909 132,38S 41,412 36,742 22,359 158, 789 69,728 352,491 811,906 131,891 41,097 37,274 21,709 1-60,661 70,303 348,971 805,986 139,414 40,728 39,387 19,599 159,636 66,005 341,217 822,434 170,174 40,668 39,392 17,517 805,862 171,597 37,380 37,630 829,358 171,971 37,625 40,232 20,410 708,590 158,034 67, 215 329,434 159,157 56,976 323,383 62,063 337,668 672,967 134,330 28,338 39,460 19,152 157,834 23,496 270,357 284,764 728,765 150,127 32,326 43,428 18,409 167,553 23,294 293,628 308 365 507 3,799 300 335 653 4,113 28S 319 552 3,733 279 280 400 5,265 272 316 362 295 294 560 3,280 307 278 631 4,533 307 326 456 5,051 334 321 486 5,184 304 271 603 4,367 95.7 640 3,628 15,544 9,280 7,779 142,330 30,036 46,901 21,053 158,897 24,609 # ORate for week ended Nov. 9 is 96.0. JDaily average. Data do not cover calendar weeks In all cases. ISource: Ward's Automotive Reports. JData for 1939 and 1940 not strictly comparable with data for earlier years; see note on corresponding data shown on p . 51 of the 1940 Supplement. • Freo rate. MONTHLY BUSINESS STATISTICS 1939 Monthly statistics through December 1939, to- 1940 gether with explanatory notes and references to the sources of the data, may be found in the Decem- January NovemOctober October 1940 Supplement to the Survey ber ber COMMODITY PEICES Page 11 Prices received by farmers (17. S. Department of Agriculture): Combined index ____1909-14=100.. Chickens and eggs __do Cotton and cottonseed.do.__. Dairy products do Fruits... - do Grains.. . _ do.. . Truck crops ~- . . _.do__ . FINANCE Pages 49, 58t 74 Banking: Federal Reserve banks, condition, end of month: Assets (resources), total mil. of dol._ Reserve bank credit outstanding, total mil. of dol.Bills bought do Bills discounted.. _do_.— United States securities do Reserves, total _~ do *. Gold certificates - . . . do . . Liabilities, total...... _._ . do Deposits, total .. ^ do Member bank reserve balances, total mil. of dol-. Excess reserves (estimated) do Federal Reserve notes in circulation mil. of dol.. Reserve ratio . percentMonetary statistics: Foreign exchange rates: Argentina -dol. per paper peso.. Brazil, official dol. per milreis.. British India -dol. per rupee.. Canada dol. per Canadian dol. Chile . dol. per peso Colombia . do. O erman y d ol, p©r TP\ tVh sm arlr FOODSTUFFS Pages 105,107 Grains and grain products (principal markets): Corn: Receipts *_ thous. of bu Shipments . -» __ do Oats: Receipts .. __ do Wheat: Shipments ... ....... do* .... April May June July August eptember 96 90 77 109 79 76 110 112 107 97 104 76 111 73 77 114 118 95 97 108 74 112 73 77 112 128 94 97 117 75 117 66 79 107 123 98 96 97 82 118 65 87 101 96 104 99 91 85 119 66 90 103 117 113 101 98 85 118 76 91 101 168 107 97 83 85 114 73 92 102 128 101 98 82 85 110 81 96 104 145 100 98 84 83 106 88 92 108 133 101 95 81 81 104 104 83 102 134 100 95 88 80 105 89 78 110 98 98 22,865 18,779 18,740 19,027 19,223 19.497 19,677 20,042 20,585 21,408 21,801 22,176 22,440 2,412 0 4 2,333 19,632 19, 289 22,865 16, 218 2,801 0 6 2,73ft 15,178 14,838 18,779 12,988 2,650 0 8 2,552 15,295 14,976 18,740 12,865 2,593 0 7 2,484 15,524 15,209 19,027 12,941 2,503 0 7 2,477 15,975 15,561 19,223 13,422 2,547 0 2,518 0 2,477 16,181 15,813 19,497 13,630 2,529 0 4 2,475 16,451 16,076 19,677 13,815 2,467 16,809 16,428 20,042 14,152 2,519 0 3 2,477 17,346 16,994 20,585 14,575 2,531 0 2 2,466 18,120 17,754 21,408 15,213 2,484 0 4 2,448 18,579 18,202 21,801 15,575 r 2, 516 0 4 2,436 18,959 18,618 22,17ft 15,867 2,485 0 5 2,434 19,272 18,940 22,440 16, C63 14,208 6,960 11,973 5,553 11,628 5,160 11,653 5,209 12,150 5,559 12,328 5,692 12,423 5,828 12,919 6,149 13,237 6,385 13,781 6,857 13,498 6,514 13,541 *• 6,525 13,727 6,655 5,577 90.1 4,773 85.5 4,862 86.3 4,959 86.7 4,832 87.5 4,872 87.5 4,931 87.8 4,941 88.0 5,057 88.4 5,199 88.8 5,248 89.2 5,370 89.3 5,450 89.6 .298 .061 .302 .863 .052 .570 .400 .050 .234 .203 .238 4.033 1.298 .061 .303 .893 .052 .572 .401 .050 .235 .202 .238 4.011 .298 .061 .301 .878 .052 .572 .401 .050 .234 .205 238 3.925 .298 .061 .300 .876 .052 .570 .401 ,050 ,234 .182 .238 3.930 .298 .061 .301 .880 .052 .572 .401 .050 .234 .167 .238 3.964 .298 .061 .302 .867 .052 .573 .401 .050 .234 .167 .238 3.963 .298 .061 .302 .829 .052 .571 .401 .050 .234 .167 .238 3.759 .298 .061 .302 .842 .052 .570 .401 .050 .234 .167 .237 3.526 .298 .060 .301 .810 .052 .570 .400 .050 .234 .167 .238 3.274 .298 .061 .301 .801 .052 .572 .400 .050 .234 .184 .238 3.602 .298 .061 .301 .869 .052 .571 .400 .050 .234 .199 .238 3.805 .298 .061 .301 .869 .052 .570 .400 .050 .234 .200 .238 3.979 .298 .061 .302 .855 .052 ;570 .399 .050 .234 .199 .238 4.034 199,969 192,915 7,053 659,512 608,149 61,362 330,592 311,996 18,596 231,651 215,588 16,064 338,366 323,201 15,165 216,350 213,822 2,528 180,341 176,637 3,704 449,981 420,278 29,703 239,426 223,372 16,055 194,824 182,232 12,592 365,553 347,331 18,222 209,482 207,354 2,128 51.80 152.15 25.64 34.27 110.33 194.82 25.84 51.01 149.98 25.68 33.38 108.59 192.28 24.90 50.01 148.54 25.00 31.63 109.01 194.21 23.82 49.72 147.60 25.44 31.09 107.40 191.78 23.03 49.44 147.29 24.87 30.83 107.83 192.67 22.98 49.15 147.13 24.26 30.45 107.66 192.71 22.61 49.92 148.91 25.09 31.00 109.17 195.13 23.22 43.48 130.76 21.45 26.52 95.20 170.95 19.46 39.99 119.46 20.15 24.66 89.17 159.61 18.72 41.64 122.23 22.42 26.43 90.46 161.49 19.43 42.50 125.32 22.22 26.83 92.21 164.48 19.94 44.40 131.46 22.18 28.43 96.27 171.50 21.05 3 269 '505 47 167 154 86 636 274 1,400 '658 46 152 165 84 640 253 ••1,357 — 3.040 '601 47 142 148 67 616 182 1,236 671 59 155 171 63 716 55 1,371 2,555 643 50 115 117 50 554 38 989 .5,487 571 43 121 123 43 571 39 974 3,123 624 45 160 163 53 741 51 1,284 2,494 * .2,713 470 ^444 33 30 134 129 126 131 47 45 597 595 195 59 1,112 1,062 3,535 600 50 171 164 52 725 326 1,446 2,826474 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 37,609 18,660 31,609 13,135 26,723 15,893 21,923 9,469 12,611 8,125 13,126 7,777 11,996 5,955 11,690 9,633 13,116 17,316 23,411 14,339 22,464 15,126 19,231 12,385 28,892 12,617 4,238 6,261 5 t 632 4,756 4,327 4,926 4,751 4,178 3,026 1,912 4,327 13,287 7,075 12,780 29,319 21,442 17,925 TRANSPORTATION AND COMMUNICATIONS Page 83 Class I steam railways: Freight-carloadings (A. A. R.)i f do do do do do do do do Maich 99 112 78 116 79 80 112 99 100 Italy. — dol. per lira.. Japan _ dol. per yen.. Mexico dol. per peso.. Sweden ~ dol. per krona ^ United Kingdom dol. per £ . . Security markets: • Stocks: Dividend declarations (N, Y. Times): Total . thous. of dol.. 221,404 Industrials and miscellaneous do. .. 213,843 7,561 Railroads do, . . Prices: Dow-Jones & Co., Inc. (65 stocks): 44.72 dol. per share.. Industrials (30 stocks) „_ do. _. 132.39 22.07 Public utilities (15 stocks) do 28.83 Rails (20 stocks) do 97.29 New York Times (50 stocks) do Industrials (25 stocks) do. . 173.26 21.34 Railroads (25stocks) do... Coal Coke * Forest products Grains and grain products Livestock Merchandise, 1. e. 1 „' Ore Miscellaneous 1940 February 15,284 16,856 14,936 13,086 8,834 • • 7 7,403 8,659 9,459 18,525 FUELS AND BYPRODUCTS Pages 116,117,118 Coal: Anthracite: 3,546 5,622 3,862 3,936 *4,234 '4,985 Production thous. of short tons Bituminous: 39,105 44,940 37,283 42,835 '46,394 *38,300 Production .* -- . . do Coke, beehive: 238 346 314 '267 Production do r Revised. * Preliminary. * Quotations not available Aug. 26-Oct. 16. } p a t a for December 1939, March, June, and August J940 are (or 5 weeks; other months, 4 weeks. 3,773 3,746 3,957 4,367 4,408 3,775 r4,056 35,210 32,962 35,468 32,340 36,080 39,240 38,413 135. 102 106 151 231 279 272 MONTHLY BUSINESS STATISTICS—Continued Monthly statistics through December 1939, to- 1940 gether with explanatory notes and references to the sources of the data, may be found in the Septem Septem 1940 Supplement to the Survey ber ber EMPLOYMENT CONDITIONS AND WAGES Pages 39, 44 Labor conditions: National Industrial Conference Board (25 industries): Average weekly hours per worker in factors hours.. 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 National industrial Conference Board (25 industries): Factory average weekly earnings...dollars.. Factory average hourly earnings do CHEMICAL AND ALLIED PRODUCTS Pages 95, 96 Vegetable oils and products: Oleomargarine: Consumption (tax-paid withdrawals) thous. of lb_Price, wholesale, standard, uncolored (Chicago).. dol. per lb_. Production thous. of lb. Paint sales: Plastic paints, cold-water paints, and calcimines: Plastic paints thous. of dol.. Cold*water paints: In dry form do In paste form __ do Calcimines do. Paint,fvarnlsh, lacquer, and fillers: Total do Classified, total _ do.,.. Industrial.— _I do. Trade... _ do. Unclassified do. FINANCE Pages 55, 56, 57 Life insurance: 'Association of Life Insurance Presidents: Premium collections, total®.-thous. of dol. Annuities ..do. Group -do. Industrial do. Ordinary do. (Life Insurance Sales Research Bureau): Insurance written, ordinary, total thous. of dol.. New England -do. Middle Atlantic .do. East North Central do. West North Central do. South Atlantic... -do. East South Central do. West South Central ..do. Mountain do. Pacific — do, LEATHER AND PRODUCTS Page 124 Leather manufactures: Shoes: Production, boots, shoes, and slippers: Total thous. of pairs.. Athletic do All fabric (satin, canvas, etc.) do._._ Part fabric and part leather .do Hfch 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.. AH other footwear .do 1940 Novem- December March ber June May July August 38.2 39.0 39.1 39.1 38.7 38.0 37.7 37.6 37.5 38.0 38.1 38.5 6.21 6.17 5.89 4.10 2.84 3.74 2.98 2.94 3.05 3.36 4.76 4.77 6.63 3.22 .16 1. 1.58 2.79 .14 1.58 1.07 2.91 .17 1.81 .93 2.95 .15 1.97 .83 3.46 .12 2.65 3.43 .14 2.55 .74 3.56 .16 2.67 .73 3.46 .15 2.53 .78 3,66 .13 2.69 .84 3.78 .13 2.78 .87 3.36 .14 2.32 .90 3.35 .14 2.25 .96 3.00 .16 1.63 1.21 28.99 .742 27.58 .722 28.24 .724 28.49 .727 28.49 .729 28.09 .727 27.61 .728 27.61 .731 27.66 .734 27.67 .737 28.23 .740 28.16 .740 28.58 .741 25,719 27,918 23,676 27,719 25,737 29,409 28,474 26,828 27,580 24,123 19,495 22,066 22,498 .115 27,479 .124 28,105 .123 23,785 .128 27,886 .120 25,587 ..120 29,354 .120 29,477 .120 26,641 .120 27,408 .120 24,676 .120 19,852 .120 22,021 .118 21,664 42 64 56 43 47 49 311 171 289 279 179 270 233 153 206 213 159 277 203 140 252 205 133 264 186 186 320 215 242 413 207 316 247 199 251 193 183 295 202 36,960 25,515 10,420 15,095 11,445 34,540 24,995 10,976 14,020 9,544 29,396 21,772 10,234 11,538 7,624 25,934 19,333 9,409 9,924 6,602 27,665 20,456 9,991 10,465 7,210 25,536 18,806 8,920 9,887 6,729 30,370 22,610 10,080 12,531 7,759 234 382 272 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 32 49 213 33,937 24,101 10,602 13,599 9,836 248,824 25,938 12,303 60,409 160,174 234,418 238,492 247,397 355,983 286,934 263,077 18,248 20,879 23,412 50,0S2 42,185 25,562 11,320 10,781 10,854 13,270 15,848 12,451 59, 970 57,055 52,800 106,662 63, 512 56,154 144,880 149,777 160,331 185,969 165,389 168.910 277,439 27,248 24,971 12,960 12,239 62,337 69,543 174,894 162,113 266,430 256,608 267,714 246,254 24,750 25,473 35,043 22,854 12,583 11,594 12,812 12,339 57, 252 57,112 55,547 55,451 171,845 162,429 164,312 155,610 503,427 442,597 543,991 537,951 567,212 517, 622 506,212 567,872 574.453 571, 625 553,086 566,061 528,330 38,056 33,493 43,136 41,938 39,378 41,323 39,633 43,149 43,976 42,416 41, 727 40, 743 39,632 129,0C6 118, 743 152,548 150,742 148,888 151,309 144, 717 159,172 158,874 157,222 146,613 151,409 133,296 113,821 95,351 122,888 122,522 123,840 121, 339 120,473 132,728 132.454 131, 230 123, 270 129,284 119,572 50,238 45,611 54,339 54,246 59,043 47, 560 46, 661 53,070 54,293 58,864 54,290 58,097 54.877 51,668 43,595 52,598 51,003 56,672 48,294 47,164 53,054 67,784 55,897 68,094 57,633 52,751 20,913 19,741 19,413 20,133 24,223 17,829 17,657 21,969 20,752 21,857 24,711 22,218 20,882 42,647 36,567 40,088 40,588 45,996 38,470 36,141 42,665 42,825 41,550 44,595 45,349 42,674 12,758 12,756 14,743 14,043 17,347 12,496 12, 761 14, 730 15, 754 15,154 14,956 14,893 15,994 44,260 36,740 44,238 42,736 48,825 39,002 41,005 47,335 47, 741 47,435 44,830 46,435 48,652 12,793 36,807 361 279 529 29,993 1,505 1,981 3,681 8,592 14,233 37,273 442 336 678 29,250 1,477 2,170 3,783 9,568 12r252 32,129 385 243 566 24,696 1,172 1,923 3,228 9,036 9,336 28,690 323 277 873 23,694 1,106 1,628 3,357 7,939 9,663 33,885 274 414 1,291 30,298 1,169 1,838 3,903 8,985 14,403 35,651 285 529 1,299 31,324 1,178 1,894 3,816 9,094 15,343 34,551 311 824 1,048 29,538 1,067 1,821 3,614 8,337 14,700 31,056 349 915 692 25,556 1,017 1,703 2,825 7,588 12,424 29,479 343 965 424 23,801 1,161 1,575 2,601 7,419 11,045 27,905 371 691 303 22,668 1,230 1,600 2,950 6,925 9,963 5,334 189 5,396 251 6,283 283 5,898 341 3,285 239 1,253 355 1,870 345 2,288 542 663 3,127 819 3,184 687 4,005 476 '4,946 '353 25,006 8,847 33,984 11,274 26,436 9,238 22,378 7,665 28,189 9,703 21,302 8,658 17,709 7,340 17,471 8,544 17,065 6,524 19,373 5,798 28,431 6,061 24,799 7,571 1,551 84 196 1,792 96 221 2,041 103 213 2,046 78 197 1,853 69 200 1,587 80 195 1,129 58 186 52 183 1,209 58 152 1,407 70 149 1.W 1,694 63 166 74,172 81,686 80,428 74,381 81,961 106,185 103,487 84,179 144 168 157 133 73,328 71344 137 70,764 55,888 67,472 51,760 127 100 54,658 51,173 87 60,724 61,167 94 68,147 66,718 137 72,506 72,934 143 34,581 389 303 486 27,880 1,366 1,791 3,266 Eevised. ® 40 companies having 82 percent of total life insurance outstanding in all United States legal reserve companies. IData for October 1939 and January, April, and July 1940 are for 5 weeks; other months, 4 weeks. April 39.0 TEXTILE PRODUCTS Page 156 Wool: 1 Consumption (scoured basis): Apparel class.— thous. of lb_. 28,609 Carpet class __ do 7,941 Operations, machinery activity (weekly average): Looms: Woolen and worsted: 1,744 Broad thous. of active hours.. Narrow.. do 60 Carpet and rug ...-do 177 Spinning spindles: Woolen. do „_ 83,665 Worsted. do 88,005 Worsted combs.. . do.___ 158 r 1939 33,590 '39,315 ••359 323 '302 302 '519 370 28,113 ' 32,837 1,624 1,391 1,710 ' 1 , 7 9 0 3,669 3,357 8,018 ' 9,622 13,638 r 16,132 125 80,359 85,527 146 U. 5 . GOVERNMENT PRINTING OFFICCi 1 9 4 0
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