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SURVEY OF CURRENT BUSINESS WEEKLY SUPPLEMENT UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON, D. C, OCTOBER 10, 1940 SUMMARY OF BUSINESS TRENDS "C^XCEPT for department-store sales, major indexes of business XL activity pressed upward. The erratic changes in department-store sales in the one week ended September 28 cannot be judged significant, as consumer purchasing power remains at a high level. In production no abatement in activity was evident in the last week of the month. Automobile output rose above 20,000 units daily; bituminous coal production was up; electric power output reached a new high; lumber was higher. Steel-ingot production advanced last week and is currently scheduled at 94.2 percent of capacity—a mark surpassed only once last fall. Heavy shipments of coal in the final period in September raised, freight carloadings, and though the gain for the week was smaller than in the corresponding week last year, the total for the month bettered the 1939 figure. During the week the average price of the 28 commodities in the Bureau of Labor Statistics' spot commodity index held relatively stable. Only domestic agricultural commodities showed any definite tendency to advance—about 1 percent in the week. Raw industrial commodities fluctuated upward but closed the week unchanged. Metal prices were firm but did not rise, though sales in principal markets were heavy. Substantially above the August totals, copper and zinc sales exceeded tlTe" High's bf i&St September by a considerable margin. The 9-weKiflj^£SeA[iJ steel scrap prices slowed during the week as the Iron Age composite prices advanced only slightly to $20.62. Accompanying moderately heavier trading in the past week, stock and bond prices recovered from the minor setback of the preceding week. By the end of the week industrial stocks and bonds moved into the highest ground in the Dow-Jones averages since the slump in May. Railroad stocks moved in a parallel fashion, but utility shares have remained relatively unchanged since early July. The decline in the total volume of construction contract awards so far as data are available for September is entirely the result of a slackening in the public works and utility fields—particularly the publicly-financed component. Residential contract awards again registered a more-than-seasonal gain through the middle of the month, and F. H. A. mortgages selected for appraisal were running ahead of August at the month-end. Nonresidential construction declined less than seasonally, according to partmonth data. SELECTED BUSINESS INDICATORS FREIGHT CAR LOADINGS ELECTRIC POWER PRODUCTION STEEL INGOT PRODUCTION (BILUOMS (PERCENT OF CAPACITY) OF KILOWATT (THOUSANDS OF CARS) HOURS) 1939- fti^ K,\ AUTOMOBILE PRODUCTION I. ** I—L. A\ ri , T 1 i COMMERCIAL LOANS BITUMINOUS COAL PRODUCTION (THOUSANDS OF V E H I C L E S ) /94O (BILLIONS (DAILY AVERA6E - THOUSANDS OF TONS) OF DOLLARS) 5.2 4.8 4.4 /93d - ^ 4.0 /W3 - 3.6 t 'CRUDE'OIL RUNS-TO"-STILLS 3.8 /UA 3.6 . , 1 . , 1 , , 3.2 FtCAT-HOMC^ MORTGAGED MISCELLANEOUS CAR LOADINGS" (THOUSANDS (MILLIONS OF BARRELS-DAILY AVERAGE) Of* (NUMBER SOECTEOjqrtAPraA'SAL ON HOMES J O CARS) BE B U I L T ) _ A rA 3.4 3$ f VJ\A A 3.2 3.0 i 2.8 i/VJ . PRICES OF 350 INDUSTRIAL STOCKS PRICE INDEX OF 28 BASIC COMMODITIES (INDEX, 1926 ' 100) (AUG. 1939 = IOO) 160 140 100 1937 1938 264959-40 1939 1940 1937 1938 1939 1940 WEEKLY BUSINESS INDICATORS* [Weekly average, 1923-25=100] Business activity:! New York1 Times Barron'sd Business Week C o m m o d i t y prices, wholesale: D e p t . of Labor,:1926=100: : C o m b i n e d index (813)_ F a r m products (67) Pood (122)..__ All other (624)._ _. Fisher's index, 1926=100: C o m b i n e d index (131). Copper, electrolytict Cotton, middling, spot -- 30 30 14 Finance—Continued. Banking: Debits, outside N. Y. C.*.... 108.0 92.5 105.3 90.9 96.5 102.7 89.1 95.1 77.6 Federal Reserve reporting member banks: 70.3 69.5 Loans, total 67.0 66.8 65.9 65.9 69.3 Interest rates: Call loansf. . . . . . . 24. 24.: 24.2 24.2 24.2 24.2 24.2 24.2 24.2 Time loanst -- 2S.6 28.6 28.6 28.6 28.6 28.6 28.6 2S.6 8.6 168.5 167.0 166.6 166.6 166.6 150.7 149.6 137.0 135.9 Currency in circulation^ Production: 133. 122.1 100.2 80.4 50.4 96. S 81.9 42.2 32.3 Automobiles 99.4 91.0 S9.1 92.9 102.3 . Bituminous coalt 79.7 79.3 132.3 130.4 133.2 132.3 132.7 102.4 102.9 Cotton consumption! 160.3 157.8 158.4 147.8 148.0 148.3 129.3 128.4 Electric powerf 64.5 59.0 57.4 47.4 54.1 59.8 51.3 56.1 Lumber 188.4 179.6 180.9 179. 7 170.4 181.4 161.1 160.3 Petroleumt. _._ Steel ingots©. __ _ 158.8 158.6 159.3 157.6 141. 5 150.3 143.9 80.9 78.8 Receipts, primary markets: 81.0 96.5 96.5 98.6 91.0 86.0 91.5 Cattle and calves .. 43.6 41.9 38.5 33.0 43.8 49.2 41.3 48. Hogs .. 153.8 139.2 112.3 82.7 72.3 266.9 257.3 225.0 233.8 Cotton 66.2 97.8 121. 7143, 1.9 127.2 77.7 83.7 97.2 87.9 Wheat 108.6 108.5 107.2 106.1 102.5 102.0 84.9 84.1 114.0 112.6 111.9 111.4 107.5 105.7 84.2 80.5 133.3 131.6 129.3 120.5 119.3 94.8 92.5 77.7 65.7 70.8 82.6 77.7 65.7 71.1 82.5 77.9 66.8 71.3 82.5 78.0 67.6 71.6 82.3 79.0 66.8 72.9 83.7 79.5 69.3 74.4 83.3 77.8 67.4 73.7 81.5 .78.0 68.1 74.1 81.6 82.4 82.1 81.9 81.8 82.0 82.7 83.6 80.5 80.4 '85.5 82.6 80.4 81.2 78.3 85.5 85.5 73.9 -73.9 31.3 30.5 36.4 36.4 36.4 36.0 36.4 33.8 34. Construction contracts} Distribution: Carloadings Employment, Detroit, factory 1938 Oct. Sept. Sept. Sept. Sept, Oct. Sept, Oct. Oct. Oct. Sept. Sept. Sept. Sept. Oct Sept. Oct. Oct. 21 1939 1940 1938 1939 1940 84.1 96.8 97.4 85.4 84.4 73.0 87.6 87.1 73.8 73.2 107.1 72.1 102.2 Finance: 60.8 61.0 61.0 67.9 68.8 70.7 73.1 Bond yields*--60. 60.5 98.7 97.3 99.6 113.1 115.3 106.9 9S.1 Stock pricest _. 10LS 100.6 •Data do not cover calendar weeks in all cases. ^Computed normal=100. JDaily average. fWeekly average, 1928-30-100. ^Seasonably adjusted. ©Index for week ended Oct. 12 is 161.6. d"For description of these indexes, see p. 4 of the Dec. 16,1937 issue. WEEKLY BUSINESS STATISTICS* Oct. 5 Sept. 7 A u g . 31 Oct. 7 1937 193S 1939 1940 Sept. 30 Oct. 8 Oct. 1 Sept. 28 Sept. 21 Sept. 14 0.118 .099 2.31 38.05 .79 0.114 .099 2.31 37.98 .77 0.111 .099 2.31 37.96 .76 0.112 .098 2.31 37.94 .74 0.108 .099 2.32 37.81 .75 0.108 .099 2.29 37.78 .70 0.118 .092 2.41 37.74 .82 0.118 .093 2.46 37.44 .85 0.102 .085 2.42 36.61 .64 0.102 .033 2.43 36.58 .67 0.122 .081 2.86 39.73 1.07 3,916 5,008 3,112 4,292 2,783 4,217 2,442 3,731 2,253 3,072 3,599 4,761 3,045 4,136 3,722 4,409 2,561 3,599 3,865 4,839 2,482 2,424 13;800 6,721 2,472 2,434 13, 703 6,645 . 3,111 4,884 2,495 2,434 13,624 6,531 2,485 2,434 13,596 6,541 2,490 2,434 13,524 6,494 2,480 2,442 13,516 6,487 2,837 2,785 11, 672 5,359 2,846 2,804 11,621 5,332 2,593 2,564 8,321 3,019 2,597 2,564 8,197 2,583 2,526 7,003 1,090 21,152 5,359 15,544 0,280 21,080 5,352 15,477 9,203 20,984 5,355 15,592 9,305 21,070 5,360 15,629 9,377 20,901 5,358 15,622 9,373 21,053 5,340 15,648 9,387 18,306 5,236 14,123 8,503 18,333 5,231 14,069 8,437 15,396 5,175 12,949 8,055 15,508 5,180 12,999 8,111 14,628 5,258 12,003 7,911 2,582 g,785 2,576 8,689 2,583 2,587 8,665 2,584 8,566 2,582 8,509 2,240 8,375 2,232 8,350 1,679 8,240 1,675 8,241 1,131 9,972 4,630 1.00 1.25 4,575 1.00 1.25 4,578 1.00 1.25 4,571 1.00 1.25 4,480 1.00 1.25 4,463 1.00 1.25 4,251 1.00 1.25 4,229 1.00 1.25 1.00 1.25 3,891 1.00 1.25 4,828 1.00 1.25 * 4.036 252 8,182 • 4.037 258 8,109 <• 4.032 249 8,090 * 4.032 177 8,090 «4.026 229 8,029 4.027 279 7,316 4.010 264 7,265 4.795 4.769 4.954 6,651 6,599 6,582 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 * 4.035 216 8,090 31,310 3.51 2,280 95.89 80.7 93.4 28,950 3.52 3,507 96.75 81.2 93.8 81.6 27.5 19,150 3.55 1 * 80.7 26.9 23,090 3.52 2,247 94.49 79.6 91.9 80.8 26.2 44,870 3.92 5,634 109.88 93.9 110.9 84.9 32.5 80,040 3.97 8,825 111.98 95.8 113.3 85.2 34.4 51,320 4.08 9,674 103.77 92.2 111.4 76.6 28.6 43,160 4.22 7,643 95.29 82.6 100.0 69.6 25.4 41,890 4.04 6,924 107.25 95.4 112.3 83.5 37.9 105,153 95,990 1,692 2,670 3,800 92.5 78,820 1,550 2,629 3,621 92.9 63,240 1,517 2,639 3,647 91.9 39,665 1,582 2,463 3,624 82.5 27,645 1,517 2,601 3,501 91.3 16,078 76,095 1,743 2,465 3,436 87.5 64,365 1,702 2,470 3,658 83.8 13,498 33,165 1,357 2,154 3,249 47.9 25,405 1,350 2,139 3,232 46.7 15,541 76,958 1,617 2,280 3,579 66.1 822,434 170,174 40,G6S 39,392 17,517 158,034 67,215 329,434 813 329 155,585 41,022 40,943 18,592 157,201 68,397 331,589 804,309 151,307 40,434 42,494 17,379 156,442 73,645 322,608 695,258 128,257 34.457 36,775 15,863 134,181 69,478 276,247 768,821 150,069 38,637 37,333 16,168 153,660 69,290 303,664 834, 694 182,986 36,824 41,182 20,811 159; 822 62,125 330,944 829,696 175,407 37,116 45,370 20,252 162,404 60,400 328,747 702,616 140,450 31,797 42,495 19,565 161,564 28,515 278,230 137,907 32,405 41,581 17,205 157,991 29,182 280,637 812, 25S 166,777 33.836 35,456 20,531 173,516 58,495 323,647 272 316 362 _ 7 779 283 292 9,682 282 272 215 11,446 256 250 18S 10,115 286 .277 139 13,582 305 214 694 6,182 305 284 669 6,655 312 319 585 7,731 288 268 608 6,992 356 247 852 6,829 Oct. 9 COMMODITY PRICES, WHOLESALE Copper, electrolytic, New YorkJ dol. per lb__ Cotton, middling, spot, New York do Food index (Bradstreefs) 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 XT. S. Government securities do Member bank reserve balances do Excess reserves, estimated _,_...do Federal Reserve reporting member banks: Deposits, demand, adjusted do Deposits, t i m e . . . . 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 loanst percent.. Interest rates, time loanst.__ _.do Exchange rates: Pound sterlingt dollars.. Failures, commercial : number.. Currency in circulationt— mil. of dol.Security markets: Bond sales (N. Y. S. E.) thous. of dol. par valueBond yields (Moody's) (120 bonds)? percentStock sales (iV. Y. S. E.) thous. of shares.. Stock prices (AT. Y. Times)t :...dol. per share.. Stock prices (Standard Statistics) (420) I n d u s t r i a l s (3.50) P u b l i c utilities (40) Railroads (30) 1926«1OO.. do do. do. PRODUCTION, CONSTRUCTION, AND DISTRIBUTION Production: Automobiles^ _ number.. Bituminous coalt . thous. of short tons.. Electric power mil. of kw.-hr.. Petroleumt. thous. of bbL. Steel ingots®... ._ pet. of capacity.. Construction-contract awardstthous. 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. 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 b u . . 15,645 400 5,265 78.3 90.2 80.3 25.4 ® Rate for week ended Oct. 12 is 94.2. tDaily average. «Data do not cover calendar weeks in all eases. ^Source: Ward's Automotive Reports. • Free, rate. iData for 1939 ?nd 1940 not strictly comparable with data for earlier years; see note on corresponding data shown, on p. 51 of ^he 1940 Supplement. MONTHLY BUSINESS STATISTICS Monthly statistics through December 1939, to- 1940 1939 gether with explanatory notes and references to the sources of the data, may be found in the 1940 Supplement to the Survey FebruSeptem- Septem- October Novem- Decemranuary ary ber ber ber ber COMMODITY PRICES Page 11 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 DOMESTIC TRADE . Pages 27, 28; 30 Retail trade: Chain-store sales: Variety-store sales: S. H.Kress & Co.: Sales thous. of doLStores operated number.McCrory Stores Corp.: Sales thous. of doLG. C. Murphy Co.: - Sales.-. _ _ _-. _-••_" _ ,-_v_-—_-.-—- -_•-; - do. Stores operated.. ___ number,F.-W. Wool worth Co.: Sales thous. of doL. Stores operated numberOther chains: W. T. Grant & Co.: Sales thous. of dol.~ Stores operated number-Mail-order and store sales: Montgomery Ward & Co thous. of doL. Sears, Roebuck & Co do.jEMPLOYMENT CONDITIONS AND WAGES Pages 39, 44 Labor conditions: National Industrial Conference Board (25 industries): Average weekly hours per worker in factories — ^hoursWages: National Industrial Conference Board (25 industries): Factory average weekly earnings.-dollarsFactory average hourly earnings do— FINANCE Pages 49, 58, 61, 68, 69, 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. Reserye ratio percent. Monetary"statistics: T ' '"" l Foreign exchange rates: Argentina _ dol. per paper peso.. Belgium _ dol. per belga.. Canada _ dol. per Canadian dol._ France dol. per f r a n c . Germany.. dol. per reichsmark-. Netherlands _ — d o l . per guilder.. Sweden. .__ - . . . d o l . per krona.. United Kingdom dol. per £__ Public finance (Federal): Debt, gross, end of mo mil. of d o L . Public issues: Interest bearing... _ do Noninterest bearing do Special issues to govt. agencies and trust funds ..mil. of d o L . Receipts, customs . . t h o u s . of d o L . Capital flotations: Securities issued by type of security, total thous. of d o l . . N e w capital, t o t a l s do Refunding, total. do Securities issued by type of corporate borrower, total thous. of d o L . New capital, total do Industrial. do Public utilities... ..do Refunding, total 1 do Industrial ..do Public utilities — do 97 104 76 111 73 77 114 118 95 102 76 107 73 83 117 117 97 108 74 112 73 77 112 128 94 6,839 239 240 240 March April May June July August 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 82 85 110 81 96 104 145 100 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 90 77 109 79 76 110 112 107 7,295 15,232 240 5,300 240 6,897 239 6,401 239 6,838 239 6,310 239 6,514 239 6,691 239 97 117 75 117 66 79 107 123 3,377 3,354 3,431 3,622 7,655 2,767 2,998 3,246 3,507 3,611 3,334 3,626 3,923 202 3,789 '200 4,090 202 4,219 202 8,163 202 —3,083 202 4,069 202 -3,585 203 4,300 203 4,398 202 3,966 202 4,370 202 25,197 2,021 25,810 2,015 26,630 2,018 26,948 2,019 52,333 2,020 20,512 2,017 3,134 202 22,117 2,015 27,545 2,016 23,774 2,014 26,067 2,015 26,020 2,015 24,507 2,013 26,828 2,014 8,276 493 8,235 495 8,733 495 9,316 494 18,868 491 5,931 492 6,109 492 8,101 492 7,620 492 8,787 8,911 492 492 8,750 493 45,972 65,650 44,743 62,751 54,945 67,246 47,764 60,330 66.020 82,427 29,984 40,548 30,530 40,836 38,842 50,899 45,856 56,372 45,905 65,978 43,104 63,313 37,213 51,352 42,692 58,820 38.2 39.0 39.1 39.1 38.7 38.0 37.7 37.6 37.5 38.0 38.1 38.5 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 .740 28.16 .740 28.58 .741 22,440 18,602 18,779 18,740 19,027 19,223 19,497 19,677 20,042 20,585 21,408 21,801 22,176 2,485 0 5 2,434 19.272 18,940 22,440 16,063 2,879 1 6 2,804 15,013 14,679 18,602 12,953 2,801 0 6 2,736 15,178 14,838 18,779 12,988 2,650 0 8 2,552 15,295 14,976 18,740 12,865 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 7 2,477 16,181 15,813 19,497 13,630 2,529 0 4 2,475 16,451 16,076 19,677 13,815 2,518 0 3 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 2,515 0 4 2,436 18,959 18,618 22,176 15,867 13,727 6,655 11,655 5,352 11,973 5,553 11,628 5,160 11,653 5,209 12,150 5,559 12,328 5,692 12,919 6,149 13,237 6,385 13,781 6,857 13,498 '6,514 13,541 6,487 5,450 89.6 4,720 85.0 4,773 85.5 4,862 86.3 4,959 86.7 4,832 87.5 4,872 87A 12,423 5,828 4,931 87.8 4,941 88.0 5,057 88.4 5,199 88.8 5,248 89.2 5,370 89.3 0) 1.298 .167 .893 .023 .401 .531 .238 4.011 .298 .165 .878 .022 .401 .531 .238 3.925 .298 .166 .876 .022 .401 .531 .238 3.930 .168 .880 .022 .401 .532 .238 3.964 .298 .169 .867 .022 .401 .531 .238 3.963 .298 .170 .829 .021 .401 .531 .238 3.759 .298 .169 .842 .020 .401 .531 .237 3.526 2.298 J.167 .810 .019 .400 '.531 .238 3.274 .298 3 ) .238 4.034 .170 .913 .023 .399 .532 .238 3.995 .298 (3) .869 (3) .400 (3) .238 3.979 44,073 40,861 41,040 41,310 41,961 42,128 42,375 42,559 42,663 42,810 '42,971 38,417 593 36,282 516 36,421 510 36,517 ... 499 37,234 496 37,364 509 37,493 526 37,531 557 37,671 555 r 37,605 591 5,063 22,627 4,063 35,595 4,109 32,418 4,295 29,049 4,231 27,814 4,256 35,788 4,356 25,651 4,471 28,702 37,625 541 4,496 26,479 4,585 26,251 4,775 28,101 225,439 110,687 114,752 180,018 41,669 138,348 742,711 338,340 404,370 218,420 88,920 129,500 335,061 98,421 236,640 130,471 68,006 17,544 18,521 62,465 7,275 43,300 95,214 16,019 1,099 177,771 20,297 6,057 1,505 157,474 3,443 147,052 112,475 21,640 7,658 2,185 90,835 12,000 76,840 .298 .855 .399 125 79,195 600 23,965 a 'Revised. Data for August are the latest available. Quotations not available Aug. 25-Qct. 16. 1940 .238 3.602 % 3.805 43,905 43,771 38,333 584 4,853 25,225 38,383 4,934 23,630 286,809 450,801 240,633 344,896 250,144 94,251 103,959 71,213 117,609 122,111 192,559 346,842 169,419 227,287 128,033 226,45' 690,209 281,469 81,861 396,071 129,104 144,596 294,138 152,365 256,246 134,327 246,279 171,94' 45,404 30,527 53,925 89,287 6,094 5,249 . 1.201 22,598 7,015 8,407 16,767 210,842 103,799 192,353 82,660 115,000 24,250 50,943 78,200 1,500 32,269 41,236 s No quotation. 111,616 270,612 179,432 9,339 44,989 67,938 3,772 23,124 2,826 3,785 11,012 30,232 102,276 225,623 111,494 2,500 93,628 60,776 94,020 117,466 23,811 172,865 35,405 13,913 18,184 195,817 137,460 0 15, 215 119,200 101,368 * Average for May 1-9. 226,345 30,528 14,088 5,510 (*) .801 .020 .400 MONTHLY BUSINESS STATISTICS—Continued Monthly statistics through December 1939, to- 1940 1939 gether with explanatory notes and references to the sources of the data, may be found in the 1940 Supplement to the Survey Septem- Septem- October Novem- Decem- January Februber ber ary ber 1940 March April May June July August 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 FINANCE-Continued Security markets: Stocks: Dividend declarations (N. Y. Times): Total thous. ofdol. Industrials and miscellaneous do... Railroads do... Prices: Dow-Jones & Co., Inc. (65 stocks): dol. per shareIndustrials (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 AND COMMUNICATIONS Page 83 Class I steam railways: Freight-carloadings (A. A. R>) :1 Total cars thousands., Coal __-do.__. Coke _ do™. Forest products do Grains and grain products do Livestock.. _._ do Merchandise, 1. c. 1 do Ore do Miscellaneous.. do 193,698 191,364 2,334 199,969 192,915 7,053 44.40 131,46 22.18 28.43 96.27 171.50 21.05 50.47 150.72 24.36 31.97 110.38 195.86 24.91 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 3,135 562 44 157 160 ' 3,102 ••589 -•37 M38 M78 "76 '623 '225 '1,237 3,375 676 46 152 165 84 640 253 1,358 3,040 601 47 142 148 67 616 182 1,236 3,262 671 59 155 171 63 716 55 1,371 2,555 643 50 115 117 50 554 2,487 571 43 121 123 43 571 39 974 3,123 624 45 160 163 53 741 51 1,284 2,494 444 30 129 131 45 595 59 1,062 2,713 470 33 134 126 47 597 195 1,112 3,535 600 50 171 164 52 725 326 1,446 474 41 127 203 41 570 275 1,095 3,718 657 54 186 208 62 755 347 1,449 27,918 23,676 27,719 25,737 29,409 28,474 26,828 27,580 24,123 19,495 22,066 22,498 .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 11,120 11,861 11,661 12,077 12,252 11,104 11,514 11,193 ll,C09 11,485 12,091 12,443 8,002 3,118 8,723 3,138 8,456 3,205 8,891 3,187 9,065 3,186 7,914 3,190 7,583 3,931 6,645 4,548 7,006 4,603 7,270 4,215 r 7,931 ' 4,159 8,471 3,972 10,213 907 10,895 10,661 1,000 11,074 1,003 11,262 990 10,258 846 10,557 957 10,277 916 10,616 992 10,402 1,083 10,937 *• 1,154 11,239 1,204 28,892 12,617 22,655 11,584 31,609 13,135 26,723 15,893 21,923 12,611 8,125 13,126 11,996 5,955 II. 690 9,633 13,116 17,316 23,411 14,339 22,464 15,126 19.231 7,075 12,528 6,261 5,632 4,756 4,327 4,751 4,178 3,026 1,912 4,327 17,925 24,495 16,856 14,936 13,086 8,834 8,659 9,459 18,525 12,780 29,319 279 1,260 CHEMICAL AND ALLIED PRODUCTS Page 95 Vegetable oils and products: Oleomargarine: Consumption (tax-paid withdrawals) thous. of lb_. Price, wholesale, standard, uncolored (Chicago) _ -dol. per lb_. Production... thous. oflbELECTRIC POWER AND GAS Page 97 Electric power: Production, total __mil. of kw.-hr.. By source: Fuel _ do "Water power.. _ ...do By type of producer: Privately and municipally owned public utilities. mil. of kw.-Jir.. Other producers do FOODSTUFFS Pages 105,107 Grains and grain products (principal markets): Corn: Receipts thous. of bu.. Shipments._ _._do Oats: Receipts _ __do Wheat: Shipments ___do 659,512 330,592 231,651 608,149 311,996 215,588 51,362 18,596 16,064 209,482 207,354 2,128 7,777 4,926 7,403 12,385 13,287 21,442 FUELS AND BYPRODUCTS Pages 116,117,118 Coal: Anthracite: Production Bituminous: Production.. Coke, beehive: Production thous. of short tons.. * __..__ -do—_ do METALS AND MANUFACTURES Pages 130, 132, 136, 137 Pig iron and iron manufactures: Pig iron:f Production thous. of short tons_. Steel, crude and semi-manufactured: Ingots, steelrf Production thous. of short tons.. Percent of capacity _ Nonferrous metals: Tin: Deliveries ..long tons.. Visible supply, world, end of mo do United States do TEXTILE PRODUCTS Page 155 Silk: Deliveries (consumption) Stocks, end of month: Total, visible supply United States (warehouses) bales.. do do 4,053 '4,840 4,919 3,936 3,862 5,622 3,546 3,773 3,746 3,957 4,367 4,408 ' 3,775 38,413 38,465 .45,950, 42,835 ,37.283 ,44,9-10 39,105 35,210 ,32,962 35,468 32,340, 36,080 39,240 271 '77 256 346 314 155 135 102 106 151 231 ••278 4,173 3,224 4,063 4,167 4,221 4,032 3,311 3,270 3,137 3,514 3,819 4,054 '4,238 5,895 4,769 72 6,080 91 6,148 92 5,822 91 5,655 82 4,409 4,265 64 3,975 4,841 70 5,533 5,595 84 6,033 87 11,410 39,450 5,050 31,168 3,413 6,040 38,206 3,536 7,870 38,035 3,283 11,366 38,280 3,302 9,780 35,573 1,749 6,600 33,148 2,078 9,244 32,339 2,635 7,855 32.149 2,964 7,905 9,225 31,869 5,300 7,325 38,736 6,507 12,470 38.040 28,828 36,869 41,858 32,241 21,128 29,506 22,485 21,685 21,740 18,997 17,307 22,766 30,189 172,254 44,454 89,160 27,760 89,135 35,935 92t527 41,927 109,110 55,610 87,025 59,225 83,306 50,306 87,087 45,887 85,798 92,485 43,285 90,122 41,822 115, 111 43,211 151,698 3,677 • Data for August are the latest available. * Not reported. 'Revised. % Data for December 1939, March, June, and August 1940, are for 5 weeks; other months, 4 weeks. f Revised series. Data on pig iron and steel ingot production have been converted from a long to a short tonnage basis. Revised data on pig iron beginning 1913 will appear in the October SURVEY and data for steel ingots beginning 1913 are shown in table 26, p. 17, of the May 1940 SURVEY. U. S. GOVERNMENT PRINTiNS OFFICE: 1940