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SURVEY OF CURRENT BUSINESS
WEEKLY SUPPLEMENT
UNITED STATES DEPARTMENT QF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTON, D. C, SEPTEMBER 28, 1939
SUMMARY OF BUSINESS TRENDS
NDUSTRIAL activity has continued to expand, with the
weekly statistics showing sharp advances. Domestic conditions prior to the outbreak of the European War indicated a further
expansion this month, but the rate of increase actually realized
so far during September has resulted from the. anticipatory
purchasing by business concerns which followed the outbreak of
hostilities. While this buying wave has subsided, the volume
of unfilled orders has caused production schedules to be advanced
at an unusual pace. This has more than offset for the present
the dislocations arising from the immediate loss of some foreign
markets, and the retarded movement of foreign trade as shipping
services are readjusted. As consumption has not moved up at
a rate comparable to the production increase, inventories are
accumulating.
There has been, however, an increase in employment and pay
rolls—the September rise being an extension of the August improvement. The Department of Labor reports an increase
in factory employment between mid-August and mid-September
of 300,000 workers, bringing the total increase for the past 2
months to more than half a million, or about 7 percent. The
I
current month has brought increased employment in nonmanufacturing industries as well. An indication of the rapidity
of the advance in some of the major series is given by the accompanying charts. It is also of interest to note that the paper
industry, which so far in 1939 has operated at slightly more than
80 percent of capacity, was in mid-September operating at
92 percent—a rise of 10 points in a month. Steel ingot production is scheduled well above 80 percent of capacity for the current
week—a month ago operations were at 63 percent.
Organized markets were quieter last week, with prices tending
to level off after the rapid rise of early September. Further advances occurred in some commodities—Moody's index of 15 spot
commodities showed a moderate rise over its position 2 weeks ago.
Stocks tended to decline on peace rumors, and the week's close
was about the same as on September 16. Treasury bonds sold
off further, but those corporate bonds which have been selling
well below par tended to advance with the improved prospects
for immediate corporate earnings. Foreign exchange quotations
were still unsettled last week, but not to the same degree as in
the 2 preceding weeks of erratic changes.
SELECTED BUSINESS INDICATORS
ELECTRIC POWER PBODUCTION
STEEL INGOT PRODUCTION
(PERCENT OF CAPACITY)
SPOT COMMODITY PRICES
(MOOOY'S I N D E X - DEC. 3 1 . 1 9 5 1 ° >OO )
(BILLIONS OF KILOWATT HOURS)
100
75
175
50
25
2.0
1.8
BITUMINOUS COAL
(MILLIONS OF
PRODUCTION
SHORT
TONS)
CONSTRUCTION CONTRACTS -F.W. DODGE
PRICES OF 3 5 0 INDUSTRIAL STOCKS
(INDEX,
(DAILY AVERAGE AWARDS-MILLIONS Of DOLLARS)
1 9 Z 6 = 100)
YIELDS OF 120 CORPORATE BONDS
"•
WHOLESALE COMMODITY
""
(PERCENT)
PRICES
(I9Z6 = 100)
100
1937
X78927-39
1938
1939
1937
1938
1939
1937
1938
1939
WEEKLY BUSINESS INDICATORS
[Weekly average, 1923-25=100]
Commodity prices, wholesale:
Dept. of Labor, 1926^100:
Combined index (813)
Farm products (67)
Food (122).._
All other (624)
Fisher's index, 1926=100:
Combined index (120)
Copper, electrolytic!
.
Cotton, middling, spot
Finance—Continued.
Banking:
Debits, outside N. Y. C . t - Federal Reserve reporting
member banks:
Loans, total
Interest rates:
Call loansj
_
Time loans?
___
Currency in circulation t
Production:
Automobiles
Bituminous coalj..
Cotton consumption!..
Electric powerf
Lumber
Petroleum!
Steel ingots©
Receipts, primary markets:
Cattle and calves. _
Hogs
Cotton...
Wheat
94.0 92.3 84.3 85.9104.6 104.9
99.8
100.3 97.6 95.3 93.5 78.9 77.8 108.5 108.2
101.8 91.0 89.4 113.0 116.6
115.1
79.3
69.7
75.5
82.4
78.4
68.1
74.5
81.7
75.3
62.7
68.5
80.4
74.8
61.1
66.7
80.4
78.4
68.9
75.0
•81.6
78.3
68.8
74.8
81.6
1937
Sept. Sept. Sept. Sept. Aug. Sept. Sept. Sept. Sept.
26
9
23 16
17 25
18
Sept. Sept. Sept, Sept. Aug. Sept. Sept. Sept. Sept.
26 24
Business activity:1
New York Times§c?Barron'scf
•_„.
Business Week_
1938
1939
1937
1938
1939
87.4
86.5
85.9
78.4 78.1 80.8 80.7 92.2 92.4
83.2 82.5
85.5 85.5 78.3 74.6 74.6 73.2 71.7 100.0 100.0
33.5 34.9 36.0 32.7 33.5 30.5 29.4 31.3 33.5
81.5 59.0 48.3 53.1
Construction contractsX
84.0
75.3 71.8 70.5 68.9 87.3 85.8
Distribution: Carloadings
62.6
86.6
97.5
89.4
Employment: Detroit, factory...
Finance:
50.4 54.3 49.4 59.2 40.8 34.6
Failures, commercial
39.8 47.4
65.2 64.3 72.4
68.6 68.3
Bond yields}:
113.2 114. 3 110.1 100.6 99.2 98.0 97.5 114.7 119.6
Stock pricesj
• D a t a do not cover calendar weeks in all cases.
^Computed normal 100.
1 Seasonally adjusted.
©Index for week ended Sept. 30, is 143.9.
101.0 91.7 99.2 78.3 82.1
82.8 102.3 102.1
66.5 66.5 65.7 65.4 66.0
24.2 24.2 24.2 24.2 24.2
28.6 28.6 28.6 28.6 28.6
149.2 149.2 149.4 147.8 146.4 135.2
66.7 80.1 80.4
24.2
28.6
24.2 24.2 24,2
28.6 28.6 28.6
135.2 134.6 135.2
54.1 35.2 31.8 22.9 26.7 21.1 36.7 46.1
87.1 90.1 79.0 75.3 76.7 72.6 94.1 90_5
126.8 120.8 122.6 106.1 107.5 119.9 121.7
146.' 137.5 141.5 HI. 4 129.3 133.0 136.0 136.9
52.9 44.9 46.3 51.0 51.3 49.4 57.5 56.8
164.3 155.0 109.6 81.2 156.1 155.5 176.0 176.2
136.2 120.6 100.7108.2 106.8 79.8 76.5 125.0 132.0
70.7
97.4 75.7
35. 26.3
233. 6 180. 4 141.9
100.0 125.3 129.8
73.9
38.6
109.
154.3
70.4 98.4 97.9 128.2 104.8
34.3 40.5
33.9 30.7
78.1 210.0 184.6 286.5 214.2
102.6
155.7 89.4
JDaily average.
fWeekly average, 1928-30=100.
tfFor description of these indexes, see p. 4 of the Dec. 16,1937 issue.
WEEKLY BUSINESS STATISTICS (
1939
COMMODITY PRICES, WHOLESALE
Copper, electrolytic, New YorkJ^
dol. per lb._
Cotton, middling, spot, New York
__do
Food index (Bradstreet's)
do
Iron and steel, composite
dol. per ton__
Wheat, N o . 2 hard winter (Kansas City).-dol. per bu_~
Banking:
FINANCE
Debits, New York City
mil. of doLDebits, 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, total§
do
Commercial, industrial, and agricultural loans§
mil. of dol_.
Interest rates, callloansj
percent..
Intcrcst rates, time loanst
.do.
Exchange rates:
French francj
„
cents..
Pound sterling}
__
.dollars..
Failures, commercial
__
.number..
Currency in circulation^
.
mil. of dol__
Security markets:
Bond sales (N. Y. S. E>)
thous. of dol. par value..
Bond yields (Moody's) (120bonds)t
percent
Stock sales (N. Y. S. E.)...
thous. of shares..
Stock prices (JV. Y, Times)%
dol. per share..
Stock prices (Standard Statistics) (420)
1926=100..
Industrials (350)
do.
Public utilities (40)
__
do.
Railroads (30)
„_
do.
FBODUCTION, CONSTRUCTION, A N D
Production:
DISTRIBUTION
Automobile!
number..
Bituminous coal}:
.thous. of short tons..
Electric power
mil. of kw.-hr_Petroleum?
_
thous. of bbl._
Steel ingots®
pet. of capacity..
Construction-contract awards?
thous. of dol
Distribution:
Freight-car loadings, total.
cars,.
Coal and coke
do...
Forest products
...do...
Grains and grain products
__do...
Livestock
do...
Merchandise, I. 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__
1933
1936
Sept. 23
Sept. 16
Sept. 9
Sept. 2
Aug. 26
0.118
.091
2.46
37.16
.86
0.118
.095
2.45
36.76
.86
0.108
.098
2.32
36.01
.87
0.103
.089
2.16
35.98
.67
0.103
.091
2.14
35.98
.67
0.103
.093
2.13
35.97
.64
0.101
.083
2.42
36.44
0.099
.080
2.44
36.50
.65
0.138
.085
2.92
39.98
1.09
0.138
.091
2.89
40.19
1.07
0.095
.123
2.78
34.19
1.26
3,630
4,687
4,345
4,256
2,897
2,555
3,629
2,622
3,812
3,371
4,128
3,650
4,269
3,260
3,842
3,774
4,744
3,976
4,735
2,997
4,062
2,883
2,826
11,549
5,275
2,873
2,824
11,526
5,271
2,643
2,594
11,141
4,969
2,448
2,426
10,951
4,799
2,441
2,423
10,829
4,741
2,453
2,423
10,633
4,590
2,596
2,564
8,014
2,744
2,596
2,564
8,425
3,131
2,578
2,526
6,977
1,020
2,526
6,865
880
2,473
2,430
6,225
1,743
18,175
6. 225
14,020
8,428
18,288
5,233
14,074
8,489
18,040
5,235
14,084
8,512
18,096
5,247
14,233
8,565
17,835
5,250
14,162
8,533
17,641
5,245
14,151
8,544
15,288
5,216
13,011
8,131
15,443
5,238
12,629
7,794
14, 788
5,291
12,036
7,930
14,827
5,280
12,183
8,122
14,999
5,018
13,962
9,377
2,230
8,319
2,222
8,315
2,219
8,305
2,286
8,209
2,267
8,186
1,672
8,254
1,670
8,335
1,136
10,010
1,128
10,049
1,252
8,648
4,201
1.00
1.25
4,159
1.00
1.25
4,075
1.00
1.25
3,996
1.00
1.25
2,274
8,178
3,938
1.00
1.25
3,912
1.00
1.25
3,889
1.00
1.25
3,905
1.00
1.25
4,778
- 1.00
1.25
4,758
1.00
1.25
1.00
1.25
2,230
3,930
102
7,244
2.224
3.925
193
7,246
2.292
4.053
155
7,257
2.453
4.293
205
7,179
2.625
4.636
221
7,110
2.649
4.681
228
7,101
2.694
4.807
201
6,565
2.692
4.801
241
6,505
3.411
4.953
166
6,534
3.443
4.954
141
6,564
6.583
5.039
J36
6,245
70,870
3.96
9,663
109.90
94.4
112.2
83.7
31.1
97,980
3.94
17,295
111.04
95.5
113.7
84.7
31.2
204.300
3.95
17,539
106.94
92.0
109.5
83.2
27.6
42,950
3.76
5,865
97.71
84.3
GS.4
84.5
24.2
29,790
3.71
5,012
96.32
81.6
95.0
82.8
23.3
21,310
3.65
3,414
99.68
86.3
100.3
87.4
25.4
31,230
4.18
5,035
95.13
86.0
104.0
72.3
25.1
35; 320
4.16
7,679
94.68
81.4
08.5
68.6
23.2
44,290
3.99
8,110
111.37
102.2
120.7
87.1
41.5
43,510
3.98
7,623
116.12
105.3
124. 9
89.2
40.9
84,190
3.78
8,407
133.02
115.1
131.7
106.8
55.9
53,950
41,245
],483
2,444
3,422
70.2
26,865
1,535
2,290
3,229
24,240
1,346
2.357
2,283
63.0
11,014
17,465
1,283
2,355
1,691
62.2
12,955
1,236
2,368
2,4S1
62.1
13,840
20,390
1,307
2,154
3,251
47.3
13,035
16,100
1,236
2,215
3,239
45.3
9,467
28,030
1,603
2,266
3,666
76.1
7,751
35,150
1, 542
2,281
3,671
80.4
8,519
20,597
1,485
2,157
3,030
74.4
805, 733
163,479
35,137
50,112
19,384
162,856
56,454
318,311
667,409
132,392
30,003
36,297
16,650
135. 770
49,478
266,819
721,748
140,210
33,232
40.200
14,017
156,865
52,491
284,733
130,861
31, 953
43,604
13,OC1
154,170
49,743
265,199
674,237
125,505
31,371
43.965
12,566
153,373
48,004
259,453
675,553
136,593
32,022
39,985
16,527
157,171
27,094
266,161
660,163
127,151
30,986
35,806
16, 728
156,808
27,446
265,148
836,885
167,034
39,090
35,832
21,204
173,406
65,728
334,591
822,795
156,331
39, 555
35,953
17,964
172,506
69,065
331,421
807,243
152,728
37,117
33,6K7
19,321
172,347
58,604
333,459
9,965
239
171
369
10.329
233
251
284
12,276
223
203
12,384
214
199
135
7,702
311
263
546
7,115
310
267
4S0
9.023
405
220
745
6,565
331
199
557
8,162
329
282
655
2,569
79.3
607
7,954
Aug. 19 Sept. 24
1937
Sept. 17 Sept. 25
Sept. 18 Sept. 26
® Rate for week ended Sept. 30, is 83.8.
JDaily average.
»Data do not cover calendar weeks in all cases.
§No longer strictly comparable; for an explanation, see the corresponding data on p. 30 of the AprjJ 1939 issue of the SURVEY.
^Source; Ward's Automotive Reports.
MONTHLY BUSINESS STATISTICS
Monthly statistics through December 1937, together with explanatory notes and references
to the sources of the data may be found in the
1938 Supplement to the Survey
BUSINESS INDEXES
Pages 7, 8, 9
Industrial production (F. E.):
Combined index, unadjusted...1923-25=100.
Manufactures, unadjusted. __
__.do
Minerals, unadjusted. _
do.
Combined index, adjusted
do.
Manufactures, adjusted
do.
Automobiles
do.
Textiles,
do.
Minerals, adjusted
—do
Marketings:
Agricultural products (quantity):
Combined index...
__ 1923-25= 100..
Animal products...
do
Dairy products
do
Livestock
do
Poultry and eggs
do—
Wool..
do....
Crops
do—
Cotton
_
do—
Fruits
do....
Grains
do....
Vegetables
do....
Agricultural products, cash income from farm
- marketings:
Crops and livestock, combined index:
Unadjusted
1924-29=100..
Adjusted
do....
Crops
--do—
Livestock and products.__
__do..._
Dairy products
-do
Meat animals
—do
Chickens and eggs
do—
COMMODITY PRICES
Pages 11,15
Cost of living {N. I. C. B.):
Combined index...
1923=100.
Clothing
do...
Food
doFuel and light
...do—
Housing
-.do—
Sundries
—
do...
Wholesale prices:
World prices, foodstuffs and raw materials:
Combined indexf....
.1923-25=100.
Cotton
do—
Rubber
^do...
Silk
do—
Sugarf
do—
Tea.
do—
Tin
do—
Wheat
do—
DOMESTIC TRADE
Page 27
Retail trade:
Chain-store sales:
Grocery chain-store sales:
Unadjusted
1929-31=100.
Adjusted
do.
1939
ugust
1938
1939
October
ugust
anuary
104
103
105
103
103
96
112
102
103
104
104
99
117
109
89
87
78
116
160
108
154
79
85
67
76
81
91
67
116
68
71
78
85
62
61
91.5
67.5
55.5
80.0
86.0
77.5
77.5
78.0
69.5
55.5
84.0
85.5
83.5
83.5
72.5
68.0
55.0
82.0
89.5
78.0
81.0
68.5
67.5
55.5
80.0
88.5
79.0
67.0
85.9
73.3
80.4
85.0
86.6
96.8
85.8
73.2
79.8
85.6
86.6
96.8
85.6
73.2
79.5
85.9
86.4
96.8
85.8
73.0
80.3
86.0
86.2
96.8
39.1
30.9
37.7
24.2
28.1
76.3
86.1
53.9
38.3
29.8
37.8
25.2
28.9
78.4
86.3
50.2
37.8
31.6
39.6
25.9
26.8
72.9
90.0
46.7
37.5
33.5
38.0
25.2
28.8
66.0
92.0
42.3
88.5
92.2
93.0
94.9
94.9
94.4
96.
48.1
37.6*
80.1
51.4
72.4
44.6
467T
83.4
55.
71.5
44.6
87.2
57.9
69.5
44.4
88.6
61.9
68.3
44.4
93.9
69.7
75.5
92.
69.5
74.8
74.9
92.5
69.9
74.7
91.9
69.5
74.4
82.
88.8
80.0
87.6
84.
88.5
85.9
89.1
86.9
89.8
33.4
76.3
54.3
61.8
42.
20.0
64.2
43.7
66.8
39.2
29.4
71.9
46.1
66.5
38.4
43.4
78.3
49.
63.7
101.
71.
95.
98.9
69.5
91.3
98.4
68.
92.6
99.9
68.9
95.3
98.
68.
93.
69.
76.
66.8
73.
74.3
70.8
75.1
71.
75.
87
85
97
88
87
45
110
95
91
89
102
90
89
46
103
97
97
95
106
96
95
84
84
84
122
70
79
266
84
69
80
116
41
92
89
153
72
73
317
117
83
137
75
68
76
152
61
80
155
46
235
90
131
89
114
85
76
139
174
267
113
128
71.0
71.0
66.5
75.5
81.5
74.0
70.0
72.5
72.0
63.0
81.0
84.5
82.0
75.5
85.0
72.5
61.0
84.5
86.5
87.0
75.5
84.5
71.9
76.7
84.0
86.3
85.9
73.4
80.1
84.4
86.6
96.9
38.0
34.6
39.0
36.9
32.7
74.3
97.0
32.4
99.0
103.1
v 104
P91
110
87
100
98
'99
'98
105
'101
100
105
109
110
'ebraary
98
105
97
109
110
tfarch
100
100
102
98
96
91
110
110
April
95
May
94
94
97
92
91
73
104
78
104
65
104
45
57
35
93
50
107
65
81
103
62
123
77
50
22
95
50
89
135
72
145
193
63
23
92
80
109
51.0
60.0
44.5
76.5
85.5
77.5
56.5
57.5
64.0
49.
79.5
80.0
84.0
71.5
55.0
64.5
51.5
78.0
76.0
75.0
70.0
85.4
72.7
79.2
85.9
86.2
85.1
72.4
78.4
85.9
86.1
96.7
84.9
72.3
78.0
85.8
86.1
96.7
36.5
32.0
37.6
25.3
30.4
67.
91.9
38.1
37.2
32.7
36.9
26.5
31.3
66.7
92.
39.3
37.8
33.1
37.3
29.5
30.9
67.0
90.8
41.1
101.1
98.1
93.5
96.4
98.2
June
97
105
9S
97
81
111
104
82
93
145
62
114
387
71
26
81
July
'97
'95
' 107
'87
111
"•106
94
112
91
386
101
46
78
184
49
60.0
65.0
49.0
82.0
76.5
83.5
80.0
59.0
60.0
45.0
75.5
77.0
76.0
73.0
63.0
62.5
51.0
74.5
77.0
73.5
75.0
85.0
72.2
78.2
85.2
86.2
96.7
84.8
72.1
78.1
84.0
86.2
96.6
84.7
72.0
77.9
83.4
86.0
96.6
84.9
71.9
78.1
83.8
37.3
33.1
38.1
31.0
31.9
66.6
91.9
36.8
38.4
32.4
37.2
33.4
35.2
69.6
93.9
38.5
41.3
35.3
37.6
37.6
40.5
68.9
97.5
40.4
41.0
36.4
38.3
35.4
37.4
68.8
97.2
40.8
35.7
38.7
37.0
37.7
67.5
96.5
34.3
100.5
102.0
99.0
102.9
101.4
100.8
99.3
'97.6
99.6
50TF — " S I T
88.6
60.9
66.
37.9
"5177
87.4
61.0
66.2
40.1
"5370
25.9
61.5
65.8
43.0
52.6
47.9
61.9
66.1
45.6
'78.3
'61.6
67.0
'47.3
'45.0
'79.7
'60.4
67.5
'47.5
89.6
69.3
73.
89.6
69.5
73.
90.3
69,1
74.1
91.0
69.6
'74.7
'92.3
69.9
'75.
r93.2
'69.7
'75.4
81.5
87.9
83.8
87.
85.5
87.3
S5.7
87.2
'86.4
88.1
'83.5
'87.9
43.4
17.
52.
60.
35.
57.0
20.4
54.
61.2
36.1
'66.5
'53.8
'62.
'41.7
'25-3
'64.6
'47.8
62.4
40.8
101
EMPLOYMENT CONDITIONS AND
WAGES
Pages 37, 43, 44
Employment:
Nonmanufacturinff, xtnadjusted (U. S, Department of Labor):
Mining:
- A n t h r a c i t e s ^ -.^--:.:.^rrrzrrl929
«100 Bituminous coal
do
Metalliferous...
do...
Petroleum, crude, producing
do—
Quarrying and nonmetallic
_do._.
Public utilities:
Electric light and power, and manufactured eas
—1929=100..
Electric railroads, etc
do.—
Telephone and telegraph
do.~.
Tra deRetail, total
do,
Wholesale.
do
Payrolls:
Nonmanufacturing, unadjusted (U. S. Department of Labor):
1
Mining:
Anthracite
.1929^100.
Bituminous coal
# do...
Metalliferous.
do..
Petroleum, crude, producing
...do..
Quarrying and nonmetallic-_
.do...
Public utilities:
Electric light and power, and manufactured gas
-1929=100
Electric railroads, etc
do..
Telephone and telegraph
do..
Trade:
Retail, total
do...
Wholesale. _.
do.
' Revised.
tRevised series.
81.7
60.6
81.4
52.
63.3
37.2
90.0
42.
80.
54.
62.
92.
38.0
78.2
55.3
60.9
95.9
71.
92.
69.
75.
v Preliminary.
Data on world prices revised beginning 1920; see table 4, p. 17 of the January 1939 Survey.
45.2
81.
53.
62.
29.
39.
96.
69.
91.
96.
70.
91.
96.
69.
92.
100.
71.
'93.
r 100.1
'70.8
'94.6
68.
74.
74.
71.
74.
'72.
'75.
'70.8
'75.9
MONTHLY BUSINESS STATISTICS—Continued
Monthly statistics through December 1937, to- 1939
gether with explanatory notes and references
to the sources of the data may be found in the
August
1938 Supplement to the Survey
1938
August **$£*'
October
1939
Novem. Decem- January
ber
" March
April
May
June
July
FOREIGN TEADE
Pages 79, 80, 82, 83
Indexes:
Exports:
71
66
62
58
56
66
Total value, unadjusted
1923-25=100..
61
70
73
65
72
Total value, adjusted
_
do.__
70
70
70
63
55
67
58
62
XJ. S. merchandise, unadjusted:
96
102
111
92
107
116
99
101
107
108
Quantity.
do...
113
91
61
61
71
65
66
58
67
67
61
63
Value—
_
do—
56
71
74
64
62
62
64
62
63
63
64
62
62
Unit value
do
63
Imports:
55
52
51
58
55
54
55
59
49
53
55
Total value, unadjusted...
do—
52
53
54
55
55
53
57
Total value, adjusted.
do—
53
49
55
58
57
61
54
Value:
230,621 246,321 277,928 252,231 268,756 212,908 218,559
230,947 249,259 236,058 229,628
Exports, Including reexports—thous. of dol.
General imports, total
do— 175,758 165,540 167,651 177,979 176,181 171,474 178,201 158,035 190,437 186,195 202,502 178,953 168,925
Imports for consumption, total
do
188,379 171,053 172,947 178,460 171,652 165,522 169,323 152,528 191,226 185,800 194,193 178,405 170,451
CHEMICALS AND ALLIED PRODUCTS
Page 90
Chemicals:
Alcohol, denatured:
Consumption
thous. of wine gal.
Production
._
...do...
Stocks, end of month
._
do—
Alcohol, ethyl:
Production. _
__thous. of proof gal_
Stocks, warehoused, end of month do.__
Withdrawn for denaturing
do—.
Withdrawn, tax paid.
do
9,202
9,190
2,007
18,539
32,919
16,050
1,780
9,124
9,181
1,466
11,188
11,101
1,364
10,309
10,195
1,233
10,433
5,500
1,285
6,720
6,828
1,379
6,567
6,454
1,260
7,578
7,616
1,294
7,523
7,719
1,485
8,203
8,490
1,766
7,944
8,166
1,982
7,395
7,437
2,015
' 17,421 15,800
35,176 32,736
14,483 16,072
1,590
1,639
17,017
28,319
18,986
2,111
15,164
23,277
17,249
2,439
16,772
20,895
17,389
1,841
17,067
24,433
11,327
1,691
14,671
26,072
11,198
1,350
17,423
27,741
13,202
1,851
17,859
29,625
13,253
2,076
18,655
31,078
15,032
2,009
16,827
30,860
15,029
1,858
17,643
32,232
13,823
1,765
3,595
4,134
7,570
3,731
3,774
7,367
3,537
3,669
7,081
3,642
3,103
7,467
3,482
3,031
7,774
4,489
3,816
4,636
3,985
8,746
5,650
5,079
9,086
6,230
5,622
9,442
5,637
5,538
9,330
' 7,667
7,846
' 1,423
FOODSTUFFS AND TOBACCO
Pages 102,116
Beverages:
Fermented malt liquors:
5,450 '5,351
4,313
Production
_.thous. of bbl~
4,428
5,715 '5,757
Tax-paid withdrawals
—
— .do
' 8,555
8,242
Stocks
do—
Distilled spirits:
9,294
6,390 '6,108
Production
thous. of tax gal..
5,672 •-7,503
Tax-paid withdrawals
do
641
924
710
Imports*..-.
thous. of proof galStocks
thous. of tax gal- 518,487 496,061 495,163
Whisky:
4,217
4,392
4,997
Production....
do
'4,225 '5,845
Tax-paid withdrawals.
_
do—.
555
612
818
Imports*
__tnous. of proof gal..
Stocks....
thous. of tax gal.. 475,371 469,502 468,480
Rectified spirits and wines, production,
3,504
2,772
total
thous. of proof gal-.
1,879
Whisky*
....do—.
2,710
Indicated consumption for beveragepurposes:
'7,467 '9,910
Allspirits*t
thous. of proof gal..
5,903 '8,306
Whisky*t-__.
do—.
Tobacco:
Manufactured products:
Consumption (tax paid withdrawals):
Small cigarettes
.millions.. 16,571 15,892 14,711
Large cigars..
thousands.. 500,807 477,590 486,482
Manufactured tobacco and snuff
thous. of lb__ 33,291 30,473 •30,577
n
8
METALS AND MANUFACTURES
Page 139
Machinery and apparatus:
Foundry equipment:
Orders:
New__
__
1922-24=100..
Unfilled, end of month
do
Shipments
do
18,923 22,147
'10,200 ' 11,738
1,381
1,200
495,003 501,207
5,381
8,350
16,956 11,829 10,702 13,019 10, 876 10,743
'6,456
5,605
'9,714 '6,248 ' 6,112 ' 8,566 '7,593
845
776
831
772
676
632
667
1,691
505,670 510,194 513,453 516.755 519,158 521,773 522,040 520,429
8,119 10,562
'8,153 '9,559
1,046
1,215
466,376 466,376
10,780
'7,665
1,459
4,480
5,362
4,445
4,774
5,782
7,971
9,984
8,443
8,735
3,711
9,193
'5,007 '4,996 '6,791 '5,728 '4,866 '4,885 '4,343
678
582
706
534
666
730
571
470,251 472, 783 472,143 477,135 479,271 478,875 477,149
2,973
2,375
12,950 '15,038 ' 13,118 '8,192
11,328 ' 13,351 ' 11,425 6,988
3,817
3,078
3,670
2,800
' 7, 743 10,771
' 6,816 '9,357
' 9,775
' 8,122
2,192
3,425
2,496
2,960
1,977
' 9,137 ' 8,699
' 7,142 '6,767
2,930
2,014
6,774
6,131
13,264 13,506 12,656 13,863 11,782 14,244 12,269 15,445 16,595 14,2fiO
525,662 515,859 333,932 349,497 361,233 437,584 403,042 470,580 486,721 427,533
27,869
27,126 26,914 25,425 29,594 25,623 30,499 30,107 26,246
131.6
123.1
143.8
83.4
102.8
78.7
97.3
84.2
87.9
91.8
93.4
89.7
S7.0
94.5
141.9
126.0
102.8
122.5
151.4
96.3
135.5
175.1
112.2
146.6
193.6
128.1
146.2
208.6
131.0
108.9
173.1
144.3
134.9
159.2
148.5
114.0
135.6
135.6
5,492
4,919
611
4,205
103
8,891
4,038
3,916
3
678
3,123
86
8,022
4,183
4,126
1,287
2,729
109
8,237
4,139
4,405
1,777
2,544
84
7,924
4.729
4,154
1,707
2,348
99
8,451
4,581
4,163
1,685
2,397
81
4,344
3,739
1,472
2,156
111
9,573
5,137
4,583
1.V47
2,723
113
10,109
4,211
4,356
1 529
2,719
108
9,993
4,418
4,753
1,415
3,239
100
9,919
4,870
5,750
1,370
4,267
113
8,909
4,510
5,056
809
4,162
85
8,300
4,918
4,432
65
8,238
4,026
3,744
49
8,029
3,980
4,101
57
7,746
4,029
4,138
55
7,665
4,351
3,859
55
8,166
4,098
3,936
71
3,681
3,335
65
8,415
4,470
4,015
74
8,901
3,841
3,927
82
8,837
4,154
67
8,840
4,320
5,123
66
8,044
4,043
4,285
62
7,819
3,475
1,068
99,868
61,384
38,484
6,452
3,063
90,494
58,624
31,870
RUBBER AND RUBBER PRODUCTS
Page 149
Pneumatic casings.'t
Production.
Shipments, total.
Original equipment*
Replacement equipment*
Exports*.
Stocks, end of month
Inner tubes :f
Production
Shipments, total
Exports*
Stocks, end of month
thousands,.
do
do
do
do
do
do
do
do
do
TRANSPORTATION EQUIPMENT
Page 160
Automobiles:
Production:
Canada, total
number..
Passenger cars
do
United States (factory sales), total._.do
Passenger cars
do
Com'l cars, trucks, road tractors,.do
^
8,217
3.832
53
7,859
6,089
5,774 17,992 18,614 14,794 14,300 17,549 16,891 15,706 14,515
9,135
4,290
5,412 15,423 14,198 11,404 10,914 12,689 12,791 11,585 10,585
5,112
83,534 209,512 372,413 388,346 342,156 303,217 371,940 337,372 297,508 309,720 209,343
65,159 187,494 320,344 326,006 281,465 243,000 299,703 273,409 237,870 246,704 150,738
60,217 72,237
18,375 22,018 52,069 62,340
£963S 63,016 58,605
' P.e vised.
* Data for July are the latest available.
* New series. For the new series on pneumatic casings and inner tubes, see tables 27 and 28, pp. 16-18, of the May 1939 Survey. Earlier data for the new series on alcoholic
beverages appear in tables 2-8, pp. 15-18, of the July 1939 Survey.
t Revised series. Data for pneumatic casings and inner tubes revised for 1936,1937, and 1938. See tables 27and 28, pp. 16-18, of the May 1939 Survey. Tor revisions for
the indicated consumption for beverage purposes of beverages see footnote on p. 41 of the September 1939 Survey.
U S. GOVERNMENT PRINTING OFFICE: 1 9 3 9
@FedFRASER