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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 29, 1942
SELECTED BUSINESS INDICATORS
STEEL INGOT PRODUCTION
(1935-39- 100)

BITUMINOUS COAL PROCRJCTTON
(OAILY AVERAGE-THOUSANDS OF TONS)

ELECTRIC POWER PRODUCTION
(BILLIONS OF KILOWATT HOURS)

^ 1942

1940

J

1941 -^
J

PRICES OF 354 INDUSTRIAL STOCKS
(1935-39 » 100)

II 0

1

I

COST OF LIVING
(1935-39- 100)
MONTHLY DATA

100

y
1939

1940

1941

1942

. , 1, , 1 , . 1 ..
193d

,-, 1 . . 1 , , 1 , .

,. i , , i . . i . .

WEEKLY BUSINESS STATISTICS *
1943

1941

1942

1941

Oct. 24 Oct. 17 Oct. 10 Oct. 25 Oct. 18

Oct. 24 Oct. 17 Oct. 10 Oct. 25 Oct. 18

Finance—Continued.
Commodity prices, wholesale:
Federal Reserve reporting member banks:
91.7
91.2
All commodities
1926=100..
Deposits, demand, adjusted..mil. of.dol.. 28,431 28,183 27,819 24,382
89.8
88.1
108.9
107.9
Farm products
do
37,714 35,908 35,975 29,618
Loans and investments, total
do
88.4
87.5
103.3
103.1
Food
_
do
23,931 22,149 22,179 14,653
93.1
U. S. Govt. obligationscf
do
93.0
All other
do
i>95.6 J-95.7
Commercial, industrial, and agricul28 basic commodities©. .August 1939=100.. 170.0 169.7 169.8 152.2 149.6
6,330 6,556
.163
tural loans
..mil. of dol.. 6,347
.163
Cotton, mid., *M«", 10 mkts.t~d.ol. per lb_. .190
.187
.189
178
173
132
1.10
145
Failures, commercial
number..
1.13
Wheat, No. 2, hd. win. (K. C.).dol. perbu.. 1.20
1.21
1.20
3.28
3.31
3.30
131
130
Bond yields (Moody's)t
percent.. 3.31
159
Department store sales
1935-39=100..
152
79.5
72.7
74.9
Stock prices (Stan. & Poor)A-1935-39=100.. 75.0
Finance:
Production:Bank debits, member banks in 101 cities:!
1,863
1,910
1,900
Bituminous coalj
thous. of short tons..
9,822 11,216 9,081
Total...
mil. of dol._ 11,303
3,702 3,341
3,717
4,320 3,377 3,781
Electric power
...mil. of kw-hr..
4,707 3,812
New York City
do
3,902 3,857 4,099
Currency in circulation!
do
Petroleumt
--thous. of bbl_.
14.009 13,939 13,854 10,285 10,280
2,313
4,494 4,042 3,784 2,291
Federal Reserve bank credit, total
do
Steel®
—
1935-39=100.. 193.5 192.0 188.9 181.0
914
910
901
12,304 12,303 11,801 12,749 13,321
Member bank reserve balances
do
Freight carloadings, total
thous. of cars..
406
434
432
2,352 2,713 2,291
Excess reserves, estimated
do
Miscellaneous
do
4,655 5,234
ended
October
31,
193.7.
©Thursday prices.
tDaily average.
®Inriex for week
• Data do not cover calendar weeks in all cases.
v Preliminary,
A402 stocks.
(^Direct and guaranteed.
1 Debits to demand deposit accounts, except interbank and U. S. Government accounts, in 101 cities.

24,640
29,385
14,377
6,568
178
3.23
79.6
1,897
3,314
4,111
182.1
923
407

MONTHLY BUSINESS STATISTICS
1943 1941
1942
Earlier data are aTulable in monthly issues of the
Survey and the 1940 Supplement
Septem- Septem- July August
ber
ber

1943
1942 1941
Earlier data are arailable in monthly issues of the
Surrey and the 1940 Supplement
Septem- Septem- July August
ber
ber

BUSINESS INDEXES
BUSINESS INDEXES—Continued
Cash income from farm marketings:
Industrial production (Federal Reserve)—Con.
Crops and livestock, combined index:
Unadjusted—Continued.
Unadjusted.._
_
1924-29=100.
136.0 ' 157.5
144.5
Manufactures—Continued.
Adjusted
d o . . . 9 1.45. 5 110.0
131. 5-- f 143. 0
Nondurable manufactures
1935-39=100.. M49
Crops
__
do,__ »129. 5
'
121.0
105.5
99.0
»174
Chemicals*
do
Livestock and products
d o . . . * 160. 5 120.0
155.0 ' 162. 0
Leather and products
do.— »112
Dairy products
_
do... 9 142.0
130.0 ' 139. 5
122.5
Shoes*..
do---_
Meat animals..
__'_
do._. 9 180.0
177.0 rl83.5
129.0
Manufactured food products**
do.._.
Poultry and eggs
. d o . . . 9 138. 5
135.5 ' 143. 0
88.5
Meat packing
..do—
Industrial production (Federal Reserve):
Paper and products*
do
rl87
Unadjusted, combined index J
1935-39=100..
167
181
Paper and pulp*
do
rl96
Manufactures!
_.
do.
172
189
»201
Petroleum and coal products*
do
r260
206
252
Durable manufactures!
do 1
*265
165
Coke*
do
148
140
Lumber and products*
do. ... »135
138
Petroleum refining
do
156
137
Furniture*
do.
M38
'136
1O7
Printing
and
publishing*
d
o
—
144
141
Lumber*
do.
J>133
'139
Textiles and products
...do—
228
287
Machinery*..
.do.
*305
'299
172
Cotton
consumption*
d
o
—
191
191
Nonferrous m e t a l s * ^
do
»190
'189
152
175
109
Rayon deliveries*?
do—
Stone, clay, and glass products*
do
C)
'160
.428
245
Wool
textile
production*
d
o
—
Transportation equipment*\
do
C)
481
'460
144
134
116
Tobacco products
do—
Auto bodies, parts, etc.*
do
'124
•Data for August are the latest available.
' Revised.
* Preliminary.
JSee note marked "f" on p. S-2 of the October 1942 SURVEY.
•New series. See note on corresponding item in the October 1942 SURVEY.
489928-42




145
148
129
132
159
119
149
151
134
153
131
125
151
157
168
1G9
132

139
165
113
114
M56
138
122
121
117
165
110
96
154
166
163
159
131

144
'170
'114
'116

M66
'132
130
130
121
'165
114
'102
'153
169
M6S
153
135

MONTHLY BUSINESS STATISTICS—Continued
1942
1941
Earlier data are available in monthly issues of the
Survey and the 1940 Supplement
Septem- September
ber

1943
July

August

Bituminous coal...
_.
do...
Crude petroleum..
do...
Metals**
do...
Adjusted, combined index?.
do...
Manufactures*
do...
Durable manufactures*- _do.._
Lumber and products*
do...
Furniture*
do...
Lumber*...
__
do...
Machinery*..
_
do...
Nonferrous metals**
do...
Stone; clay, and glass products* d o . . .
Transportation equipment**... I...do._.
Auto bodies, parts, etc.,
_ do...
Nondurable manufactures
'.
do...
Chemicals*
do...
Leather and products
do...
Shoes*
do...
Manufactured food products**
do...
Meat packing
_
do...
Paper and products*.
do...
Paper and pulp*
do...
Petroleum and coal products*
do...
Coke*
do...
Petroleum refining
do...
Printing and publishing*
do...
Textiles and products
do...
Cotton consumption*
do
Rayon deliveries* *
do
Wool textile production*
do._
Tobacco products
...do
Minerals*....
do_._
Fuels*..
do^__
Anthracite
-do...
Bituminous coal
do
Crude petroleum
do
Metals**
do....
COMMODITY PRICES

Cost of living (XJ. S. D e p t . of Labor):
Combined index*
1935-39*100..
Clothing*
do....
Foodf
--...do....
Fuel, electricity, and ice*
do
Housefurnishings*
do
Rent*
do....
Miscellaneous*
.do
C O N S T R U C T I O N AND REAL ESTATE
Contract awards;
Value of contracts awarded (F. R. indexes):
Total, unadjusted.
.1923-25=100.
Residential, unadjusted
._..._-.__do__.
Total, adjusted
__
:__do__.
Residential, adjusted
do...
F . W. Dodge Corporation (37 States):
Total projects
numberTotal valuation
_ _ _ thous. of dol.
Building, total
_
do...
DOMESTIC TRADE
Newspaper advertising:
Linage, total (52 cities)
thous. of lines..
Classified
do....
Display, total
do
Automotive
do
Financial
do..;.
General
do...
Retail
do.
Retail trade:
All retail stores, total sales*.. _ . . . . . m i l . of dol_.
Durable goods stores*
do
Nondurable goods stores*.._
.do
All retail stores, indexes of sales;*
Unadjusted, combined index. 1935-39= 100....
Durable goods stores.__
do
Nondurable goods stores
do
Adjusted, combined index
1
do
Durable goods stores
_
.do
Nondurable goods stores
_
..do
Chain-store sales, indexes:
Chain-Store Age, combined index (20 chains)
average same month 1929-31=100..
Apparel chains
_.do
Grocery chain-store sales:f
Unadjusted
..
1935-39=100..
Adjusted—,....
____-_.do____
Varietyrstore sales, combined sales, 7 chains;f
Unadjusted
_ .1935-39=100..
Adjusted....
do
Rural sales of general merchandise*:
Total U. S., unadjusted
1929-31=100..
Total U . S., adjusted
..do....
Mail-order and store sales: *
Total sales, 2 companies...
thous. of dol._
Montgomery Ward & C o .
.do
Sears Roebuck & Co
...do

138
130
127
144
124
182
161
166
202
136
149
129
228
192
157
245
134
137
146
120
118
130
139
144
149
132
153
128
125
151
157
168
169
121
131
129
132
141
124
145

132
121
122
141
11L
198
180
188
250
136
147
130
287
191
134
428
116
138
172
117
117
p 143
146
127
127
114
163
109
106
154
166
168
159
121
132
128
156
160
112
157

rlO8
> 103

117.8
125.8
126.6
106.2
123.6
108.0
111.4

108.1
110.8
110.7
103.7
112.0
106.8
105.0

167.0
125.3
124.6
106.3
122.8
108.0
111.1

'117.5
'125.2
126.1
106.2
'123.0
'108.0
111.1

194
65
172
65

162
105
161
105

232
75
206
74

'194
'64
'182
'65

137
p 128
p 129
p 150
p 119
p 189
P185
*195
»263
P

P123

M32
p 190
P4S1
v 127
P140
.M72
P105
P99

M48
P16

8
16
172
169
H30
»127
P119

* 153

' 136
' 126

118
140
M21
-195
183
'192
'257
127
M32
125
'299

July

August

Capital flotations:
Securities issued, total
thous. of dol.
New capital, total
do...
Domestic, total
...do...
Corporate, t o t a l . —
_.do..._
F a r m loan and other Government agencies
thous. of dol.
Municipal, State, e t c .
do...
Refunding, total
do...
Domestic, total
do...
Corporate, total
do....
F a r m loan and other Government agencies
thous. of dol.
Municipal, State, eto
.do...

100,977
45,085
45,085
28,446

0
16,639
55,893
55,393
30,437

273,902
64,840
64,840
34,265

142,151
40,679
40,679
27, 510

161, G45
103,072
103,072
58,600

0 2,515
30,575 10,654
209,122 101,472
209,122 101,472
161,391 32,719

0
44,472
58,573
58,573
6,018
49,925
2,630

18,400
,95 32,260
6,556 20,776 36,493

ELECTRIC POWER

M60
rl24
140

M73
P144

'153
131
131
120
r
165
113
'110
'153
169
168
153
130
'133
'129
160
152
'118
153

30,558 41,497 33,100 30,055
943,796 721,028
723,216
593,568 394,001 616,448 507,875
L04,506
22,658
81,847
2,481
1,099
15,572
62,695

.07,160
21,745
85,415
2.980
1,534
15,343
65,558

89,411
20,085
69,326
2,316
"1,616
13,987
51,407

94,963
21,931
73,032
2,146
1,022
13,195
56,669

4,879
850
4,029

4,583
1,062
3,521

4,448
818
3,631

'4,678
'856
'3,822

153.8
109.9
167.8
147.5
104.7
161.4

144.5
137.2
146.9
139.8
137.8
140.5

134.9
101.8
145.7
146.8
104.6
160.5

142.7
105.8
154.7
'151.4
'106.5
'166.0

183.0
220.0

148.0
164.0

177.0
200.0

182.0
212.0
F

168.8
172.2

145.0
147.9

172.4

167.3
174.3

137.8
143.4

120.4
125.3

132.2
143.4

124.8
142. a

214.2
202.6

183. S
173.9

137.3
188.1

160.8
196.6

42,022 145,495 104,118 113,447
"1,495 59,780 42,521 48,741
80,527 85,714 61,597 64,706

' Revised.
> Preliminary.
• Data for August are the latest available.
* New series. See note on corresponding item In the October 1942 S U R V E T .
t Revised series. See note on corresponding
item
in th<
"
"
the October 1942 S i
\ See note marked "f" on p. S-2 of the October 1942 Su
iURVET.




1942

FINANCE

B U S I N E S S INDEXES—Continued
Industrial production (Federal Reserve)—Con.
"Unadjusted—Continued.
Minerals*
1935-39=100
Fuels*...
..do..
AnihFacite-^--:r.i I ; . . . . . : . .
d

1943
1941
Earlier data are available in monthly issues of the
Survey and the 1940 Supplement
Septem Septem'
ber
ber

Electric power, production, t o t a l • mil. of kw.hr.
By source:
Fuel
do...
Water power
do...
B y type of producer:
Privately and municipally owned electric
utilities
mil. of kw.hr_.
Other producers
do._..
FOODSTUFFS AND TOBACCO
Tropical products:
Coffee, visible supply, U. S
thous. of bags..
Tobacco manufactured products:
Consumption (tax*paid withdrawals):
Small cigarettes.
..millions..
Large cigars
thousands..
Mfd. tobacco and snuff
thous. of lb_.

14,304

16,005

10,202

10,»44 10,304
5,214 4,000

10,877

10,940
'5,315

13,804
2,353

12,802
1,501

14,047
1U5

14,047
" 2, 214

539

1,780

973

795

21,798 18.761 20,875
519,976 506,071 510,823
27,329 29,756 27,013

20,941
498,872
25,329

16,157

FUELS AND BYPRODUCTS
Petroleum and products:
Crude petroleum:
Consumption (runs to stills)...thous. of bbl_.
Production
...do
Refinery operations...
pet. of capacity..
Stocks, end of month:
California:
Heavy crude and fuel
thous. of bbl_.
Light crude
_..do
East of California, total
.do....
Refineries..
...do._..
Tank farms and pipe lines
do....
Refined, petroleum products:
Gas and fuel oils:
Production:
Residual fuel oil
do
Gas oil and distillate fuels....
do....
Stocks, end of month:
Residualfuel oil
_.do
Gas oil and distillate fuels
.....do....
Motor fuel:
Production, total
do
Benzol
.._do._..
Straight-run gasoline
.do
Cracked gasoline
.do
Natural gasoline
"..
.do
Stocks, gasoline, end of month:
Finished gasoline, totalj
do....
At refineries.
.do
Natural gasoline..
:._.do
Kerosene:
Production
do
Stocks, refinery, end of month
..do
Lubricants:
Production..
...
do.-~
Stocks, refinery, end of month
do—
LEATHER AND PRODUCTS
Hides and skins:
Livestock (Federally inspected slaughter):
513
Calves
...ithous. Of animals..
Cattle
do.... 1,159
3,843
Hogs
do
2,223
Sheep and lambs
....do

121,481 111,555
119,446 111,782
78

114,135
120,429
80

54,105
36,073
200,658
38,201
162,457

53,167
36,240
199,025
37,227
161,798

28,118 30,096
16,024 16,149

30,446
17,052

25,224 7,252
39,726 37,729

8,103
42,918

60,167 49,302
<•)'
266

51,105

19,088
23,946
6,804

19,192
25,387
7,028

72,761 71,657
46,417 48,585
4,870 6,588

71,403
47,924
6,405

5,949
11,662

5,134
7,480

5,340
8,261

3,427
7,415

3,133
8,945

3,141
9,301

447
1,004
2,920
1,567

461
1,048
3,886
1,705

460
1,103
3,223
1,840

257,618 *)8,276 241,178
292,405 $05,010 243,620
19,335 L48,480 156,446

253,239
255,563
154,122

210,549
231,691
77,962 78,657 76,952
83,560 80,252 76,181

223,189
79,885
79,556

63,847
34,875
203,481
41,975
161,506

30,198
5,664

PAPER AND PRINTING
Newsprint:
Canada:
Production
short t o n s . .
Shipments from mills
do
Stocks, at mills; end of month
....do
United States:
Consumption b y publishers
.do
Production
.do
Shipments from mills.
do
Stocks, end of m o n t h :
At mills
do.__.
At publishers.
do
I n transit ot publishers
do
TEXTILE PRODUCTS
Cotton spindle activity:
Active spindles
_
thousands..
Active spindle hours, t o t a l .
. . . m i l . of h r s . .
Average per spindle in place
hours..
Operations
..^percent of c a p a c i t y . .

12,551 11,864 17,820 18,149
155,263 !41,8S4 418,985 430,409
35,454 40,270
52,538
22,956
11,191
468
134.9

22,978
10,437
'430
124.0

23,110
11,484
479
130.2

22,974
10,981
45S
136.4

1 Excludes for East Coast district, stocks of "shuttle oil" and stocks transferred to
the U. K. pool board.
* Data not available.
• See note on corresponding item in the October 1942 SURVET.

U, 3, GOVERNMENT PRINTING OFFICEi *S4i