survey of current business august 1941
TRANSCRIPT
AUGUST 1941
SURVEYOF
CURRENT BUSINESS
UNITED STATESDEPARTMENT OF COMMERCEBUREAU OF FOREIGN AND DOMESTIC COMMERCE
WASHINGTONVOLUME 21 NUMBER 8
UNITED STATES DEPARTMENT OF COMMERCEJESSE H. JONES, Secretary
BUREAU OF FOREIGN AND DOMESTIC COMMERCECARROLL L. WILSON, Director
SURVEY OFCURRENT BUSINESS
Volume 21 AUGUST 1941 Number 8
CONTENTSPage
The business situation 3The emergency price control bill of 1941 3Creation of the Economic Defense Board 4Imports in heavier volume 4Output expands at slower pace 6The supply of copper 7The nature of the recent inventory advance 8The rising volume of residential construction 9
SPECIAL ARTICLESIncome payments by States 11Revision of the seasonally adjusted index of new passenger automo-
bile sales 18CHARTS
Figure 1.—Monthly business indicators, 1936-41 2Figure 2.—Imports of merchandise for consumption, 1939-41 4Figure 3.—Index of industrial production adjusted for seasonal vari-
ations, first world war, 1914-18, and second world war, 1938-41 6Figure 4.—United States supply of refined copper, 1925-29 average
and 1936-41 7
PageFigure 5.—Indexes of value of manufacturers' inventories, December
31, 1938-May 31, 1941 9Figure 6.—Number of new dwelling units in nonfarm areas by type
of ownership, 1920-41 9Figure 7.—Expenditures for residential construction in nonfarm
areas by type of ownership, 1920-41 10Figure 8.—Indexes of income payments for Continental United
States and the northern regions, 1929-40 11Figure 9.—Indexes of income payments for Continental United
States and the southern and western regions, 1929-40 12Figure 10.—Indexes of dollar sales of new passenger automobiles,
1933-41 18Figure 11.—Correction for the effect of the change in the average
introduction date of new models of passenger automobiles, 1935-41 19
STATISTICAL DATARevised series:
Table 22.—Estimates of nonagricultural employment 20Table 23.—Freight-car loadings 21
Monthly business statistics S-lGeneral index Inside back cover
Subscription price of the monthly and weekly issues of the SURVEY OF CURRENT BUSINESS $2 a year. Single-copy price: Monthly, 15 cents; weekly, 5 cents.Foreign subscriptions, 33.50. Price of the 1940 Supplement is 40 cents. Make remittances only to
Superintendent of Documents, Washington, D. C.
402798—41 1
SURVEY OF CURRENT BUSINESS August 1941
Monthly Business Indicators, 1936-41INDUSTRIAL PRODUCTIONj
(VOLUME, 1935-39= 100)175
150
125
100
75 11111111111 11111111111 11111111111111111111111111111111111111111111111
1936 1937 1938 1939 1940 1941
PRODUCTION OF NONFERROUS METALS a PRODUCTS*
250
200
150
100 b*
50
(1935-3<3 = 100)
\
1 1 1 1 1 1 1 1 1 1 1
s/M M I I M M .
J . /1 1 1 1 1 1 1 I 1 1 1
1936 1937 1938 1939 1940 1941
160
140
120
100
80
100
90
80
70
60
INCOME PAYMENTS(1935-3<3 = 100)
' - \
I M . I I M M . . . . . . I . . . . . ! , , , « ..ml.....
1936 1937 1938 1939 1940 1941
CASH INCOME FROM FARM MARKETINGS"(1924-2
jJwM M , !
9 = 100)
M M . J . M . I
\ IU JVM i n i . . . . .
/
MMll 1 MM
1936 1937 1938 1939 1940 1941
200
150
100
50
0
175
150
125
100
75
FACTORY EMPLOYMENT AND(1923-25 = 100)
l i i m
S
IlIlM
EMPLOYMENT(ADJUSTED)
JllLl lillLL
PAYROLLS
^ PAYROLLS(.UNADJUSTED)
l , I 1 f 1 1 1 1 1 1|M| | | 1 1 1 1 1 1 1 1 1 1 1
100
90
80
70
60
WHOLESALE PRICES(1926- 100)
_J
ii JJ LLI I I I I
'"A
MM.I.MH !n,l>
/ -
,,,,,1 ,
j
i1936 1937 1938 1939 1940 1941
FREIGHT-CAR LOADINGS*
1936 1937 1938 1939 1940 1941
CONSTRUCTION CONTRACTS AWARDED(VALUE, 1923-25 = 100
3-MONTH MOVING AVERAGE)
125
100
75
50
251936 1937 1938 1939 1940 1941 1936 1937 1938 1939 1940 1941
* ADJUSTED FOR SEASONAL VARIATIONS # EXCLUSIVE OF GOVERNMENTAL PAYMENTS D.D.4I-
Figure 1.
(1935-3
VI . M M
9= 100)
\
11111111111 1 1 1 1 1 1 M 1 1 1
rV11111111111 11111111111
A1
1 11 11 1 1 1 11 |
August 1941 SURVEY OF CURRENT BUSINESS
The Business SituationBUSINESS activity continued to move forward in
July with little evidence of the usual summer dull-ness. Aggregate production advanced at a pace slightlyi educed from that of previous months, but risingdemand for material by the armament industries forcedcurtailment of activity in some civilian lines. Savefor isolated instances—notably petroleum, the supplyof which to the Atlantic Coast States was reduced bytanker transfers to the United Kingdom—transpoitfacilities remained adequate as weekly freight loadingsagain approached 9(30,000.
Construction work was unimpeded, with defensebuilding reaching a peak and housing constructionbeing further expanded. Retail trade made a newpeak, with the indexes rising sharply as the usual mid-summer slump was not in evidence. Dealers werefinding it increasingly difficult to assure prompt de-livery of important consumer durables whose outputnow is about to be generally curtailed.
The multitudinous forces bearing on both supplyand demand were perhaps best summarized on the pricefront, where a general lise was experienced.The Emergency Price Control Bill of 1941
Introduced into Congress.That stronger efforts wrould be necessary to limit
effectively the price advance was formally recognizedat month's end w ith the introduction of an emergencyprice control bill into Congress. The bill as it wasoriginally introduced would make legally enforceableany price or rent ceilings established by those to whomthe President delegated his authority. The lack of suchdefinite power has been a source of considerable tiouhleto the Price Administrator in past weeks.
In addition, the bill provides for a number of othermethods of implementing price control. These include,among others, the regulation or prohibition of specula-tive practices and objectionable marketing methodsand the control of inventories. Moreover, the billwould provide authority for the Government to enterthe market directly, buying from high-cost producersat prices necessary to encourage maximum output andselling at its own price. Finally, where it might sim-plify matters administratively, the bill would providethat licenses be required as a condition for conduct ing-transactions.
It is apparent that no over-all price ceiling is antici-pated. The bill suggests that in determining the priceceiling for any commodity, consideration be given tothe price which prevailed on or about July 29, 1941.However, adjustments can be made for all relevantfactors, including speculative price changes, productionor transport cost alterations, and the profit situation ofthe sellers in the year ending July 29, 1941, and sub-sequently. The President is empowered to obtain all
required information from producers and other sourcesto make necessary decisions.
A definite lower limit would be established for ceilingsimposed on agricultural commodities. The bill set thisminimum at either 110 percent of the parity price orthe market price prevailing for the commodity on July29 last, whichever is higher. With the exception of meatanimals, cottonseed oil, and wool, prices of leading agri-cultural commodities were below 110 percent of parityon July 15.
Rents would be brought within the scope of pricecontrol only to a limited degree, with the Presidentgiven the right to designate defense areas within whichthe rent of lower-cost housing units may be stabilized.The control applies only to units (including newlyconstructed units which are comparable) that rentedfor $15 a room per month or less when the region wasdesignated a defense area. Rents must have risen 10percent or more above the base before rent stabilizationcan be effected.
As may be seen even from the above short summary,the powers set forth in the bill are very broad. How-ever, the individuals affected are of course grantedthe constitutional protection of the courts in respectto their property. To facilitate judicial procedure, anew court—the emergency court of appeals—would beset up. Subsequent to the denial by the Governmentof a protest regarding any of its orders, the protestantmight appeal to this court. The court's decision in turncould be appealed to the Supreme Court.
In turn, violation of the act (including the falsifyingof documents or reports) could be punished after guiltwere established in Federal court. Moreover, thebuyer of a commodity sold in violation of a price ceilingmight either recover the sale price or receive triple theamount by which the sale price exceeded the ceiling, inaddition to court costs.
The pace of the price* advance in July was somewhatmodified from that of the preceding 2 months. Theweekly index of 887 commodities was up from 87.7 to89.2—now above the peak of 1937. However, the fast-moving index of 28 basic commodity prices jumpedfrom 14(3 to 15\.
Farm and food prices showed signs of leveling offduring the month as the forces initiating the recentmove1' spent part of their influence. In most instancesthe equivalent of the new loan rate on the commoditiessubject to loan has either been achieved or closelyapproximated. Where the Government has purchasedin the open market to raise prices, it is believed that agood measure of the original objective has been realized.
Import prices increased further during July as Japanand China were added to the areas from which paymentfor exports to the United States can only be obtained
SURVEY OF CURRENT BUSINESS August 1941
by license. Under widespread speculative activity,silk quickly moved from $3.03 to $3.59 a pound, beforea price ceiling of $3.08 was established. A wide rangeof other import commodities including tin, rubber,copra, and sugar also advanced somewhat in price.
As the President suggested in his message to Congressasking for price legislation, the rise during recent monthsin food, household furnishing, and clothing prices liasnow reached the consumer. These items were prin-cipally responsible for the accelerated advance in thecost of living as the Bureau of Labor Statistics' indexrose from 102.9 to 104.6 in June.Creation of the Economic Defense Board.
Events in the international field of great significanceto domestic producers assumed a clearer shape in July.Following close upon the freezing of Japanese4 assets inthis country, with a counter action in Japan, was theestablishment of a new economic defense board. Tothis board was delegated the authority to develop oureconomic policy with foreign countries.
In the recent past such policy has been implementedalong four main lines: the control of exports throughlicensing by the export control board, the foreign fundscontrol dealing with international monetary andproperty transactions, the control over shipping facili-ties exercised by the Maritime Commission, and thepreclusive buying performed by the Metals ReserveCorporation. Coordination of these activities, as wellas the development of others, will be the responsibilityof the new board, the members of which include theVice President, as Chairman, and seven CabinetMembers.Freezing of the Japanese Assets.
The freezing of the Japanese assets on July 25 addedonly about 130 million dollars to the more than 7 billionof assets already under foreign funds control.
However, the economic significance of the action layin its possible effect on trade. Of course, the placing offunds under control need not in itself arrest trade.Other countries whose assets had previously been takenunder control (chiefly the continental European coun-tries) had already been blocked from trading with theUnited States to a large extent and the freezing of assetshad little or nothing to do with the cessation of trade.
If it be decided by the President that certain tradeshould continue with Japan, the necessary licenses couldbe issued for funds paid to Japanese nationals for cur-rent imports. Following upon the freezing order, theExport Control Administrator was directed to "prohibitthe exportation of motor fuels and oil suitable for use inaircraft and of certain raw stocks from which such prod-ucts are derived77 and "limit the exportation of otherpetroleum products . . . to usual or pre-war quantities."Meanwhile, the at least temporary curtailment of theimport trade led to the issuance of an order by the Officeof Production Management stopping the processing ofraw silk. This fiber has in recent years accounted for
about 60 per cent of the import trade with Japan, andthe annual inflow has normally been valued at approxi-mately 100 million dollars. Development of syntheticsubstitutes would undoubtedly ease the dislocation ifimports of the material should stop altogether, but pend-ing clarification of the situation, shutdowns were wide-spread through the industry.
Other*! imports from Japan—cotton manufactures,fish, tea being fairly large—-are not sufficiently impor-tant to cause much dislocation if they should be cut off.Nor has Japan recently been an important market forAmerican merchandise. Within the past year our ex-ports to Japan have been more than halved, and in Maywere only 6.6 million dollars. Information is not pub-licly available as to the character of the trade in themost recent months, but through April, shipments ofpetroleum and steel and their products were the most
MILLIONS OF DOLLARS350 1
200
150
100
50
STRATEGIC AND CRITICAL . . .-'" V"
1939 1940 1941
Figure 2.—Imports of Merchandise for Consumpt ion, 1939-41 (U. S.Depar tment of Commerce) .
important in dollar terms. Cotton shipments had fallenoff very seriously from the previous year, as Japan wasdrawing her supplies from India, China, and LatinAmerica.Imports in Heavier Volume.
Despite the spread of foreign funds control, the ex-pansion of export licensing (roughly 43 percent of ourexports in May required licenses from the export con-trol board), and the growing difficulties with shipping,both exports and imports were higher in the secondquarter than in any other period since 1930.
June exports were reported as 332 million dollars,while imports were placed at 261 million. The totalin each case was under that of May, when exports were376 million dollars and imports 28 million.
May imports—the latest for which any details areavailable—revealed a continuation of a number ofimportant tendencies. The total value of imports inMay exceeded those of a year previous by 38 percentand were 45 percent above the value in May 1939.Only a minor part of the increase since 1939 is theresult of price advances.
The changes in the composition of imports usuallyassociated with a rise in the national income had been
August 1941 SURVEY OF CURRENT BUSINESS
further accentuated by the peculiar demands of thedefense program and the shortage of shipping facilities.Imports of crude materials and semi-manufactures haveadvanced steadily in relative importance and in Maywere 62 percent of the total. Foodstuffs imports con-tinued heavy, while import of finished manufactureshad experienced no important decline despite the closingof Continental Europe.
Of the crude materials, the most important, of course,are those classified as strategic and critical. Over theyear, the inflow of such materials has risen moresteadily and to a larger extent than other imports (seefig. 2). In May, strategic and critical materials valuedat 105 million dollars comprised 37 percent of the total;whereas, in July of last year the 65-million-dollar inflowwas only 30 percent of the aggregate. The largest ofsuch items has been rubber. This reached UnitedStates ports in the record value of 40 million dollarsduring May, which may be contrasted with a 30 millionaverage in the preceding 4 months and a 20-million-dollar inflow in May 1940.
Other materials important to the defense effort im-ported in large volume in May were copper (9.9 milliondollars); tin (13.7 million); and wool (18.7 million). Asthe stockpiling program is now conceived, only a portionof the total materials the United States hopes to acquirehave been delivered thus far. The proportions vaiyfor different commodities, the stocking of tin, manga-nese, and chrome, for example, lagging behind that ofrubber and tungsten. In many cases, only a part of theimports for the Government actually reach the stock-pile, for industrial consumption is of a size as to requireuse of a portion of these imports each month.
Table 1.—Imports of Merchandise for Consumption, byCountries
[Thousands of dollars]
May 1939 I May 1940 May 1941
Total imports . . .
Canada-North America, excluding CanadaSouth America_.Uni ted KingdomEurope, excluding United Kingdom.1 apanAsia and Oceania, excluding JapanAfrica
203. Wr-i
....... A^l\L'3. % 1 I 2«>. >s7t ,11.317 i 9, ! M ,
2S.0LV, jJ7.fi 17
12. 3CX |
2M,3. r>!
1<; 3 17
:•><;. 17!
12! f:si13. 033
•19. 553 00. 507 1 (,)f). 771\ 72') ' 12. HvS
With the shift in the composition of imports and theclosing of Europe, has come a steady change in therelative importance of various areas as a source ofimport supply. Imports from Latin America, Africa,and Asia other than Japan—-the raw material producingareas—are continuing to grow, both in the aggregateand as a proportion of the total. Receipts in Mayfrom each of these areas were approximately double the1939 rate. Together they formed about 70 percent oftotal imports, while in 1939 they were only 50 percentof the smaller total. Imports from Canada also haverisen sharply, with a value of 48 million dollars in Mayof this year as against 36 million in May 1940. Ship-
ments from the United Kingdom have been maintainedsurprisingly well, being about 10 per cent lower in thefirst 5 months than a year previous.Shipping of Increasing Importance.
In coming months the volume of imports will bemainly governed by political developments in thePacific and by the availability of shipping. The situa-tion in regard to shipping is of course steadily worseningand is expected to continue to do so at least until 1942.New construction in the United States during the first6 months amounted to 327,000 gross tons. But this,plus British construction and the acquisition of 480,000gross tons of immobilized foreign vessels, have ad-mittedly fallen short of the 2,540,000 gross tons an-nounced as sunk in the same period.
Table 2.—Employment of American Steam and Motor Mer-chant Vessels of 1,000 Gross Tons and Over During Selected3-Month Periods of 1939, 1940, and 1941 i
[In gross tons]
Service
Merchant fleet, total
Laid-up vessels, total- _ _Government ownershipPrivate o w n e r s h i p . . . . . . . . . . _.
\ c t ive in trade, totalForeign trade, total .
Europe . .Orient, Far East, and IndiaAustralasia . .Africa-South AmericaNearby foreign 3 . . -Foreign trading foreign 4 ...-Around the world
Coastwise trade, totalIntercoastal _ _Other than intercoastal
Three-month period ended—
June 30,
8
1
02
41,3,
1939
127, 773
735, 5G1770,188965, 373
392, 212094, 212704,649213,18164, 55481. 747
319, 515532, 562
75, 880102, 124298,000022,152275, 848
Dec. 31,1940
7, 226, 993
721371
June 30,
185523!
349, 062
6, 5052, 434
808:6408i 2
* 00,135732, 02793
247,484,631,
12,172,
4 071,745,
3, 326,
564461624916148533400 i 3,266134 3,
1941
808
1388751
6708162 74767102290,463,873,
81,163,853573,280,
425
392199193
033141627140253824246560183308892674218
Increase or decreaseJune 30,1941 from—
June 30,1939
-1,319,348
-1,597,169-682, 989-914,180
+277, 821+721,929—630, 022+553, 959
+37, 699+209, 077+143, 731+340, 998
+ 5 , 303+61,184
—444 108-448 , 478
+4 , 370
Dec. 31,1940
-418,568
— 582,793-284,324-298,469
+ 164,225+381,733
+ 14,492+35, 113
+ 8 , 689+43, 363-21,378
+241,644+69, 035
- 9 , 225— 217 508-171,592
-45,916
1 Does not include Lake or River tonnage.2 Portugal and Spain only.3 Includes Canada, Mexico, Central America, West Indies, and North Coast of
South America to and including the Guianas.i Ships engaged in operations in foreign ports.
Source: United States Maritime Commission.
Insofar as American-flag shipping itself is concerned,the over-all depletion has created the necessity for anemergency pool of American vessels which is to total2 million gross tons. A proportion of this tonnage al-ready has been made available to the British, especiallyfor hauling* material and supplies to the Red Sea andFar East, from the United States. Of course, thesevessels are in many instances bringing back necessarymaterials to the United States.
Transfers to the British and other foreign flags, aswrell as further requisitioning of vessels by the Armyand Navy, more than offset new construction andreduced the merchant fleet of the United States 419,000tons between December and June, leaving a total of6,808,000 tons. Since the outbreak of war, the Armyand Navy have acquired 1 million tons, or about ono-eightli of our prewar merchant fleet.
But as table 2 indicates, American vessels active intrade increased more than 150,000 tons from the last
6 SURVEY OF CURRENT BUSINESS August 1941
quarter of 1940 to the second quarter of 1941 despitethe reduction in the size of the total ileet. Thisincrease was accomplished by returning to service583,000 tons of vessels previously in lay up, only 138.000tons now remaining in that category.
The heavier tonnage operating to nearby foreignroutes has constituted the major shift in the employ-ment of American vessels since the end of 1940. Forthe most part, this gain was achieved at the expense ofthe intercoastal ship lanes.
Reports of ship clearances from American ports showthat the expansion of United States tonnage active inour trade has been offset by an almost equal decline inforeign shipping. Though the volume of goods flow-ing from and to the United States has to this time risenin the face of reduced shipping space, it is apparent thata severe shortage of shipping space now is general inso-far as commercial cargo is concerned. Latin Americantrade has been less seriously affected than that fromother areas, while Far Eastern trade has suffered themost. Despite the growing difficulties, however, ship-ping should continue to be sufficient to haul essentialmaterials.
For 1942 the shipping outlook has been considerablybrightened by the Maritime Commission's request toCongress for authority to expand the present ship-building program. Under the proposed revision. 6,642,-000 deadweight tons would be delivered in 1942, morethan double the amount previously expected and wellexceeding the current rate of sinkings. A similar ton-nage would be delivered in 1943.
Output Expands at Slower Pace.
Industrial production advanced somewhat moreslowly in July than in the preceding 2 months as someindustries cut output because of seasonal and otherconsiderations.
In every industry, however, demand has remainedextremely heavy. New business flowing to manu-facturing industries in June had shown no signs ofslowing its record-breaking pace. The Departmentof Commerce index of new orders for that month roseto a new high of 228, up 10 percent even from theunusual volume of the previous month. Thoughalmost all industries reported heavier shipments (theindex advanced from 180 in May to 190 in June), orderbacklogs in industries producing durable goods againexpanded and at the beginning of July were almost 3times those of a year earlier.
Where July output fell, as in the automobile, steeland anthracite coal industries, the reduction was lessthan that which usually has occurred in past years.Moreover, in those industries producing directly fordefense needs, such as the machinery, shipbuilding, air-craft, and railway equipment lines, output gains con-tinued unabated. The net result was another substan-tial advance in the Federal Reserve's adjusted index of
industrial production, which appeared on the basis ofpreliminary returns to have reached 162, a rise of 5points over the June level. At this rate, the advancein the unadjusted index would have been limited to asingle point, leaving it at 158.
Production Rate Now Double That in Last War.
Whereas a year ago, military output in this countrywas only a small fraction of total production, it now isbeginning to assume, after months of "tooling up," asubstantial proportion of a much larger productionvolume. Some appreciation of the present level ofaggregate industrial output is gained from noting thatit is just double that in the middle of 1938.
Moreover, the mid-1938 production level was approx-imately that which prevailed throughout the wholeperiod of the first World War, as may be seen by refer-ence to figure 3. The present upswing is radicallydifferent from the experience of a quarter of a century
80
140
120
i no
80
60
40
- FIRST WORLD WA
! I !
|
i ! 1 i 1 ! 1
- SECOND WORLD WARi i
1 1 !
1 \s
1
! | • i • ; ,
1914 1915 1916 1917 1938 1939 1940 !S4iDO 41-32.
Figure 3.—Index of Industrial Production Adjusted for Seasonal Varia-tions, First World War, 1914-18, and Second World War, 1938-41 (FirstWorld War data, U. S. Department of Commerce; Second World Wardata, Board of Governors of the Federal Reserve System).
ago, when after an initial advance in 1915, first the lackof plant, then a shortage of additional labor (causedpartly by growth of the armed forces), and increasingfrictions within the economy precluded any furtheradvance.
The availability of unemployed labor and plant hasmade it possible to bring about the great expansion ofthe past year with a minimum of friction. For thetime being, labor shortages are still a problem of sec-ond ary importance. The chief difficulty now is an inade-quate capacity, both of finished plant and required rawmaterials, for producing the type of commodities insufficient volume needed by the country at this time.
These capacity deficiencies are being rectified to someextent. But the raw material problem, particularlyin the metals, has grown increasingly serious, and inJuly it became more evident that consumer goods indus-tries competing for scarce metals must face an accentu-ated curtailment of output,
Meanwhile, automobile production continued to beexceptionally heavy for the model year end. Produc-
August 1941 SURVEY OF CURRENT BUSINESS
tion of 463,000 units (including a small Canadianoutput) was a decrease of 15 percent from the previousmonth, but in recent years the decline has averagedmore than that.
Steel production, one of the metals in short supply,was down slightly in July, output being at about 96percent of capacity. Producers complained of depletedstocks of scrap and an inadequate supply of pig iron.The two may be substituted for one another in theproduction process to some extent, and the Office ofProduction Management, looking to the future, recom-mended the construction of 6,500,000 tons of pig ironcapacity. This, the largest addition in the history ofthe industry, would be completed in about 18 months.The Supply of Copper.
Copper is another metal so necessary to the arts ofwar that a threatened shortage has developed veryquickly. Despite record domestic output (June min-ing of SO million tons was 9 percent over a year earlier)and unprecedented imports of refined copper, estimatespoint to a total supply this year that will probably fallshort of civilian demands, after the satisfaction ofdirect and indirect defense needs, by 200,000 or moreshort tons.
The copper situation is particularly interesting as anillustration of the rapidity with which defense develop-ments have altered the raw material outlook of manyproducers of civilian goods. As late as last fall it wasbelieved by most observers that the copper supplywould be adequate, though supplies of certain othermetals might become short. The United States wastypically a net exporter of copper; there had been nodifficulty aside from price in expanding supplies inWorld War I; moreover, United States companies hadlarge mines in Chile and Mexico, whose surplus couldbe made available for this country's needs.
These observers, however, underestimated the mag-nitude of the defense program, the disproportionatelylarge amount of copper required by the equipment ofmodern warfare, and the degree to which demandwould be expanded by the high level of income inducedby defense expenditures. Nor did most observersforesee the rapidity or the degree in which the shippingsituation would be altered, making it difficult to enlargeimports.
The current copper supply stems from a number ofsources, shown in figure 4. In the current year, copperrefined from domestic ores (roughly equivalent todomestic mine output) will be 1 million tons or more,slightly better than the previous record year of 1929.To this may be added 100,000 tons of secondary copperobtained from primary refiners.
Imports of refined copper, expanded enormouslyfrom any previous volume, were expected to be 600,000tons this year, the Metals Reserve Company havingcontracted for 500,000 tons to be brought in duty freeAlmost all of this import is from South America, and
the quantity is the maximum obtainable from that con-tinent at this time. In addition, about 200,000 tonsof foreign ore are imported from Mexico, Canada, andthe Belgian Congo, refined under bond for reexport,and sent for the most part to Great Britain.
Excluding the latter import and allowing for laggingdeliveries to the Metals Reserve Company becauseof the shipping situation, the total supply availablethis year for all uses probably will be in the neighbor-
MILUONS OF SHORT TONS2.5
IMPORTS OF REFINED COPPER
SECONDARY COPPER FROMPRIMARY REFINERS
REFINED FROM FOREIGNORES, MATTE, ETC.
REFINED FROM DOMESTICORES
1925-29 1936AVERAGE
1937 1938
Figure 4.—United States Supply of Refined Copper, 1925-29 Average and1936-41.
NOTE.—Data for 1925-29 average and 1936-40 are from the U. S. Bureau of Mines exceptdata for secondary copper which are from the American Bureau of Metal Statis-tics. Estimates for 1941 by the IT. S. Department of Commerce and the Office ofProduction Management.
hood of 1,650,000 tons. It should be pointed out,however, that these calculations do not include about300,000 tons of secondary copper recovered by otherthan primary refiners, in brass, bronze, and otherscrap, and used again in alloy form.
Requirements on a basis comparable to the abovesupply figures, including lease-lend deliveries, areestimated by the Office of Production Managementat about 1.9 million tons. At least one million tonswill be required for direct defense and the maintenanceof essential services such as power transmission andcommunications. Tn 1942, this figure will be evenlarger.
Confronted with a shortage, the Office of ProductionManagement on May 31 issued a General Preferenceorder placing copper under mandatory control, andrefiners were ordered to set aside each month forallocation by the Director of Priorities an amount equalto 20 percent of April production. Metals ReserveCompany copper was also to be so allocated. On July 9this order was amended to require both fabricatorsand refiners to accept orders bearing preference ratingsand to use available copper first for such orders. Sinceearly August the entire supply has been allocated bythe Division of Priorities and the Office of CivilianSupply.
Whether the supply of copper can be expandedbeyond the level now envisaged for 1942 depends uponpossible expansion of domestic mine output. Somedomestic refining capacity still remains unused. That
8 SURVEY OF CURRENT BUSINESS August 1941
it is still possible to undertake the opening up of largenew low cost ore reserves is shown by the Morenci,Arizona, property of Phelps-Dodge which aroundNovember will begin to add 75,000 tons annually todomestic production. But this mine took 5 years todevelop. Even existing high-cost mines in Michiganand Arizona which may be reopened if a subsidy isgranted, and can possibly produce up to 150,000 tons,will take 6 months to a year to get back into produc-tion. However, the Office of Price Administration andCivilian Supply is at present pushing plans for paymentof a subsidy where it is required. Moreover, arrange-ments are being made for extension of financial andamortization provisions for new capacity similar tothose employed in the construction of defense plants.The most favorable development of such plans wouldincrease total supply barely to 2 million tons in 1942.
A ceiling price for copper of 12 cents a pound wasset on August 5. The bulk of the output had beenmoving at that figure; although custom smelters andsmaller producers were selling at the previous ceilingprice of 12} cents. While it is interesting to comparethese prices with the bulk line price of 23V, cents fixedin 1917 by the War Industries Board, when a large partof the output cost only 12 cents per pound to produce,it must be remembered that costs of mining and process-ing have been substantially reduced since, as a resultof improved technology.
It is clear that the initial incidence of restriction onuse will fall on such articles as automobiles, radios, airconditioning apparatus, oil burners, water heaters,refrigerators, washing machines, and yacht fittings.But a 50-percent cut in output of these items, which,account for 20-25 percent of domestic consumption,would save only 150,000 tons of copper. Hence,other uses, including possibly building, will have to bedenied or substituted for in 1942. Plastics can be sub-stituted in a few lines. But the substitution of othernonferrous metals generally is not feasible as they areas scarce or scarcer.The Nature of the Recent Inventory Advance.
Part of the rise in output occurring during the pastyear has appeared in the form of larger inventories.Most of this accumulation has been concentrated inthe manufacturing industries, though goods in the handsof wholesalers and retailers have also increased some-what. Thus, in June, the Department of Commerceindex of manufacturers' inventories advanced to 128, anaccumulation during the month of 200 million dollars—smaller than that in May but still representing a sub-stantial rate of investment.
Total inventories at the end of June could be roughlyvalued at about 21.9 billion dollars, an increase of1.1 billion from the revised December estimate. Thus,the rise in the first 6 months of this year was onlyslightly smaller than the 1.2 billion expansion in theprevious half year.
Practically all of this increase was associated withthe manufacturing industries, as their inventory rosein value 1.1 billion dollars to the record high of 13.7billion.
Stocks in the hands of the trade showed divergentmovements. Wholesalers expanded their holdingsabout 400 million dollars, with a total value in June inexcess of 3.2 billion. Census reports indicate thata very considerable amount of this increase was in thehands of food and produce dealers, and these dealershave been faced with a more rapid price advance thanothers. Hardware dealers also had expanded stocksmore than the average.
Retailers, on the other hand, had actually reducedinventories in the aggregate as depleted automobilestocks were only partially offset by larger store inven-tory. Total retail holdings were valued very roughlyat 5 billion dollars as of the end of June, down about400 million dollars from December. Automobiledealers held under 300,000 units in stock, as contrastedwith 450,000 in December. But the Federal Reserveadjusted index of department store stocks stood at77 (1923-25 = 100), 8 percent above December (on avalue basis) and just one point below the recent highin 1937.
Further evidence has been gathered to suggest thatthe bulk of the inventory accumulation by manufac-turers has been for the most part a normal accom-paniment of a rapidly expanding level of production.Though manufacturers' inventories are now the highestin history, both in dollar value and physical volume, formanufacturing as a whole, the ratio between totalphysical stocks and production is lower today thanat any other time in the past several years.
Only a small part—less than 5 pel cent of the 16 per-cent aggregate increase in value from May 1940 toMay 1941 (the latest month for which detailed dataare available) can be attributed to revaluation becauseof price changes.
As shown in figure 5, over the past year the inventorygrowth in its aggregate has consisted exclusively of rawmaterials and goods in process, the two increasing invalue 20 and 50 percent, respectively. The value offinished goods remaining in the hands of manufacturersactually was 5 percent smaller in May 1941 than inMay 1940.
It is useful to compare the inventory expansion of thepast year with that of the year previous (which includedthe speculative inventory upswing in the fall of 1939).In this earlier period, both raw materials and finishedgoods stocks rose to a much greater extent as comparedto the advance in output than has been the case duringthe past year.
On an absolute basis, rough estimates for the May1940-May 1941 period indicate that the increasedinventory was about equally divided between rawmaterials and goods in process, while finished goods
August 1941 SURVEY OF CURRENT BUSINESS 9
inventory declined some 300 million dollars or aboutone-third of the expansion of the other types. Theabsolute increase of goods in process is even morestriking when it is remembered that in recent years thistype of inventory has constituted only about 15 percent
DECEMBER 31, 1938 = 100200
175
1939 1940 1941 m 4,.3I5
Figure 5.—Indexes of Value of Manufacturers' Inventories, December 31, 1938—May 31, 1941 (U. S. Department of Commerce).
of the total, with raw materials accounting for 40 per-cent and finished goods 45 percent.
Thus, the form which the increased inventories havetaken suggests that accumulation for speculative pur-poses has been of secondary importance. Such aconclusion is substantiated further by examination ofthe industries most actively engaged in expandingstocks. About two-thirds of the increase is held byproducers of durable goods. Moreover, by far thelargest accumulation has been in industries expandingoutput very markedly for defense needs: iron and steel,machinery, nonferrous metals, and railroad equipment.As might be expected, finished goods inventory held bythese manufacturers has declined to a necessaryminimum.
The Rising Volume of Residential Construction.
Construction activity again expanded in July. Aspointed out in detail last month, defense building wasscheduled to reach a peak this summer, with veryheavy construction of plant, airports, and variousmilitary and naval bases more than offsetting a markeddecline in cantonment building. In addition utilityconstruction has been the heaviest since 1930. But ofas much importance as any other single factor in liftingconstruction activity to its current high level has beena very large demand for residential building.
The magnitude of the residential building likely tobe accomplished this year is shown in figures 6 and 7.Following a decade of rapid decline and slow recovery,this year will probably witness the construction of closeto 650,000 nonfarm dwelling units, a number only 8percent smaller than the average of the twenties,though about 30 percent below the peak volume of 1925.
The present heavy demand is chiefly the result ofthe high level of income, the extraordinary internal
40279S—41 2
migration now under way, and the relatively smallamount of building in the middle thirties. From 1930to 1940, an average of only 220,000 nonfarm dwellingunits were started annually compared with an averageannual increase in the number of families of about323,000. This left the Nation with an exceptionallylarge backlog of unfilled housing needs at the beginningof the present decade.
Moreover, the defense program has created thenecessity for an exceptionally large-scale movementof workers into defense areas both for constructionand production jobs. For example, Detroit, typical ofvarious defense areas throughout the country, antici-pates a net inflow of some 75,000 workers.
It is apparent that much of the housing need atthe moment is of an essential character and cannot be
THOUSANDS OF UNITS800
600
400
200
1 I PUBLIC
• PRIVATE
1937 1938 1939 I94O 1941CD. 41-325
Figure 6.—Number of New Dwellings in Nonfarm Areas by Type of Ownership,1920-41 (U. S. Department of Labor, except for 1941 which was estimated bythe U. S. Department of Commerce).
postponed. However, some curtailment of the non-essential building appears inevitable before the yearis out, through operation of the priorities system. Noshortage of building labor is yet apparent as in the lastwar, when competing types of construction drainedworkers from residential building. Moreover, no over-all shortage of materials is yet in evidence or is likely.But dealers are experiencing growing difficulty in ob-taining delivery of metal products and fixtures, par-ticularly for plumbing, heating, and refrigeration.
Residential building uses only small fractions ofthe total supply of the scarce metals—700,000 homesof average size would take less than 4 percent of thecopper and zinc supply. Nevertheless, priorities al-ready are exerting some retarding influence and plansare being formulated to give necessary housing in de-fense areas a high priority rating. Transport diffi-culties such as those now appearing in west-coast lum-ber centers may also have a dampening effect on build-ing activity.
The nature of the present housing demand has madenecessary a large amount of public building. An initialcoordinated program has been undertaken by variousFederal agencies providing for about 125,000 dwellingunits at a cost of 493 million dollars. Another bill is
10 SURVEY OF CURRENT BUSINESS August 1941
now before Congress, which will appropriate a further300 million.
As of July 26, contracts had been let for 76,000public housing units, and 25,000 of these had beenconstructed. About two-thirds of the completed unitsare for use by married enlisted personnel and civilianemployees of the Army and Navy.
From now on emphasis will swing heavily to housing-units for civilian industrial workers as newly constructedprivate and Government plans are brought into pro-duction. In addition to public housing, it is estimatedthat a large proportion of the private residential build-ing is being undertaken in defense areas. Last yearthese regions contained about two-thirds of the aggre-gate residential construction and at least this propor-tion is expected in 1941.
A significant aspect of the present increase in resi-dential building activity is its occurrence in the face ofrising costs. During the past year building costs have
advanced about 10 percent, with higher wage rates andhigher material prices contributing about equally tothe increase.
BILLIONS OF DOLLARS4
1 I PUBLICffli PRIVATE
Figure 7.—Expenditures for Residential Construction in Nonfarm Areasby Type of Ownership, 1920-41 (U. S. Department of Commerce).
August 1941 SURVEY OF CURRENT BUSINESS 11
Income Payments by StatesBy Frederick M. Cone
WITH the exception of one State, total incomepayments made to individuals in the various
States were larger in 1940 than in 1939. If the Statesbe banded into regional groups, every region receivedincreased income. For the country as a whole, theaggregate of income payments reached 75,512,000,000dollars,1 an advance of 7 percent above that of theprevious year.
Although the increase in income was largest in theindustrial areas of the country in 1940, and smallest inthe agricultural sections, it was surprisingly uniform asamong the different regions. The evidence is clear,therefore, that the stimulus of defense production washaving favorable repercussion on an almost nation-widebasis.
Increases of 8 percent appeared in income paymentsto the New England and Pacific Coast States, in bothof which areas defense production is of particular im-portance. A similar gain w as registered by the EastNorth. Central States, containing a variety of heavy in-dustries essential to the defense effort. The highly in-dustrialized States of the Middle Atlantic area showedthe somewhat smaller advance of 6 percent for theperiod. Though the sharp rise of industrial activity inthe South Atlantic States was partly offset by a declinein the foreign demand for tobacco and a slight drop infarm income, income payments in this area rose 7percent.
The agricultural States of the West North Centraland Mountain areas benefited indirectly from the indus-trial pick-up, and their higher farm income brought anincrease in total income payments of approximately 6percent, slightly less than the national average. Onlyin the deep Southern regions were the effects of the risein manufacturing activity less marked. There the de-cline in farm income held the income payment advanceto about 4 percent.
The individual States themselves showed gainswidely dispersed about the 7 percent increase forthe continental United States as a whole. Connecti-cut led the Nation as its 12 percent increase in incomepayments attested to the importance of defense in-dustries in that highly industrialized State. California,center of the vital airplane industry and an importantshipbuilding State, experienced an industrial boomsimilar in magnitude to that of Connecticut. However,
1 The income payments totals shown in this article differ slightly from the annualtotals of the monthly income payments shown in the July Survey of Current Business.The differences are largely attributable to salaries and wages received by employeesof the Federal Government domiciled abroad or in the territories and possessions.Another item of some importance is the small volume of dividends and interest paidout by domestic corporations and received by residents of Hawaii, Puerto Rico, andAlaska.
in California factory pay rolls account for only 15 per-cent of the State's income as compared with 34 percentfor Connecticut; so the resultant rise in income wasonly 9 percent.
Following closely upon Connecticut was Michigan,recording an 11-percent increase over 1939, largely as aresult of a marked rise in automobile and defense out-put. Increases of 9 and 10 percent were shown byseveral other industrial States and by scattered Statesin the agricultural sections of the country, particularlythe Mountain States where mining plays an important
1929 = 100120
100
80
60
40
120
I0O
! !
s NORTH ATLANTIC STATES
^CONTINENTAL
1 1 1 ! 1
UNITED STATES
! 1 I
4 0 I ! I I I ! ! I ! ! I
120
401929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940
DD. 41-343-A
Figure 8.—Indexes of Income Payments for Continental United Statesand the Northern Regions, 1929-40 (U. S. Department of Commerce).
part in the State economy. But for the most part, in-creases in the predominantly agricultural States rangedbetween 4 and 6 percent. Mississippi had a slightlysmaller volume of income payments in 1940 than in1939.
It should be noted that the changes in income pay-ments understate to some extent the changes in eco-nomic activity as between different regions. Thedistribution of certain types of income, notably thereturn to capital, is nationwide in character and inde-
12 SURVEY OF CURRENT BUSINESS August 1941
pendent of purely local conditions. Other forms ofincome, such as relief and social insurance benefits,are designed to cushion the effects upon income recipi-ents of the cyclical fluctuations in income arising fromproductive activity and therefore tend to vary inverselywith salaries and wages.
As compared with a 9-percent rise in salaries andwages paid out in the Nation as a whole, Connecticutpay rolls for 1940 showed an increase of 16 percent overthe preceding year. Important increases were alsorecorded for Michigan (14 percent) and Indiana (12
120
100
8 0
6 0
120
1 0 0
\
1 I
CONTINENTALUNITED STATES
^SOUTH CENTRAL
I I I !
STATES
1 !
1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940DO. 41-343-B
Figure 9.—Indexes of Income Payments for Continental United Statesand the Southern and Western Regions, 1929-40 (U. S. Department ofCommerce).
percent). In the agricultural States of the Southwest,on the other hand, employees' income rose only 5 per-cent, though in these States such income is a much lessimportant component of the whole.Income Payments Thus Far in 1941.
Most of the expansion in income payments in 1940occurred in the final 6 months. Since that time therise has been continued at an extremely rapid paceand in the first 5 months of this year income paymentswere 13 percent above a year ago. Every section ofthe country has participated in the increase and in eachinstance the percentage rise has been greater so far thisyear than in 1940 as a whole.
Again the effects of the defense program are quiteobvious. Income payments in New England, a center
of shipbuilding and aircraft manufacturing, are up1G percent from January through May. The SouthAtlantic and Pacific States have also received a rela-tively large volume of contracts for naval and air-craft construction, but in these areas the moderateincrease in agricultural income has served to temperthe resultant expansion somewhat and consumerincome rose by 13 and 12 percent, respectively. Thoughthe East North Central States have received a rela-tively small volume of contracts, they contain muchheavy industry and income payments are up 15 percent.The largest defense contract volume has fallen to theMiddle Atlantic States. But the defense work is notout of proportion to the industrialization of the region,so income has risen 13 percent, the average for theNation as a whole.
It is in the agricultural regions that the smallestgains are shown, with an average income increase of 8percent since the opening of the year. However, theimprovement in these areas will be greater for theremainder of the year as a result of the recent advancein agricultural prices.
Table 1.—Percent Distribution of Defense Contracts andValue Added to Products by Manufacture, by GeographicDivisions, and Percent Increase in Income Payments forEach Geographic Division
Division
United States _ _ .
New Er gland _ .A [ifIdle Ul anticEast North CentralWest North Central . . _South AtlanticEast South CentralWest South CentralATountainPacific
Percent of nationaltotal
Defensecontractsawarded
June 1940-June 1941 i
100.0
13.027.318.44.9
11.43.45.31.3
15.0
Valueadded bymanufac-
ture, 1939 2
100.0
9.829.831.55.59.03.43.41. 16.5
Percent increase inincome payments
Jan.-Ma v1941 fromfrom Jan.-May 1940
13
1613157
12
109
13
1910from1939
7
g
s6
n368
1 Data from State Distribution of Defense Contract Awards, Office of ProductionManagement.
2 Census of Manufactures, 1939, U .S . Bureau of the Census.
Movements from 1929 to 1940.
Of equal interest are the changes in income paymentsof different regions over a longer period of time. Thecomparative rise or decline of income in different Statesover the decade is the net result of a whole host offactors, including changes in population, the degree ofindustrialization, the nature of the industries in theregions, the character of the stimulus to industrialactivity, and so on. Thus, in more than one-third ofthe States income payments in 1940 exceeded those of1929, though payments for the country as a wholewere 8 percent less in 1940 than in 1929.
Moreover, in contrast with the 1939-40 rise in income,which was somewhat heavier in the industrial sectionsof the national economy, the 19 States having anincrease over the 12-year period were concentrated for
August 1941 SURVEY OF CURRENT BUSINESS 13
the most part in the Southern and Western regions ofthe country. Only in two of the populous States ofthe industrial Northeast was 1940 income above thatof 1929.
The accompanying charts illustrate the relativetrends in income payments over the years 1929-40 forsix major geographic regions. Table 2 presents therelative movements in per capita income for certainsignificant years, together with ratios indicative ofthe income structure of the various regions.
The North Atlantic States, which include New Eng-land and the three populous States of the Middle Atlanticgroup, are in the main highly urbanized and have adiversified industry. In 1940 these nine States con-tained 27 percent of the Nation's population but re-ceived 35 percent of its income. During the post-1929downswing income in the North Atlantic States de-clined less than that over the country as a whole.However, it failed to respond as completely as in otherregions to the forces of recovery, and in 1940 income inthese States was 13 percent below the 1929 level ascompared with an 8 percent decline for the continentalUnited States as a whole. Within the North Atlanticgroup the New England States, wliose industries aremore heavily devoted to consumers goods, made a bet-ter showing in all years. Nineteen-forty income in theNew England States was within 8 percent of the 1929figure. The smallest recovery relative to 1929 for theregion was in New York, principally because of thedecline in the finance industry and the continued lowconstruction activity in that State.
The East North Central group of States is also highlyindustrialized but specializes to a great extent in theproduction of durable goods. Agriculture is of muchgreater importance here than in the North AtlanticStates. Compared to the country as a whole this regionexperienced a very sharp drop in income from 1929 to1933 but the recovery in later years was very pronouncedand by 1940 the boom in the heavy industries had carriedconsumer income to within 10 percent of the 1929 volumeVariations within the group were extremely wide. In1940 Indiana income was only slightly lower than in 1929,
while the income of Illinois was 18 percent below thepredepression level.
The West North Central States are predominantlyagricultural in character, with activity being devotedlargely to the production of staple commodities. Forrecent years agricultural income has represented about22 percent of all income payments in this region ascompared with 9 percent for the United States. De-spite the specialized nature of its economy, the trendin income in this area for the period 1929-40 approxi-mated that for the country as a whole. But severalof the States suffered a decline in population within theintercensal period and the population in the regionexpanded only 2 percent as compared with a 7 percentincrease for the United States. In per capita terms,therefore, 1940 income for the West North CentralStates was only 13 percent under 1929, while that forthe Nation had been reduced 15 percent.
The South Atlantic States are relatively heteroge-neous in character. Over the intercensal period theregion as a whole experienced a marked advance inurbanization and in specialization in light industries,so that all States had heavier income payments in 1940than in 1929 save the State of West Virginia, where1940 income payments were only slightly below 1929.Nineteen-forty income was actually 11 percent greaterthan at the beginning of the period. Population in-crease was also substantial in this section of the countryand as a result per capita 1940 income was 2 percentbelow the comparable average for 1929. Indicativeof the expansion in productive activity in the SouthAtlantic region was the 13 percent higher employees7
income in 1940 than in 1929. In contrast, salariesand wages in all other geographic regions were sub-stantially below the 1929 level except in the WesternStates, which had a rise of 4 percent.
In the South Central States the economy is pre-dominantly agricultural and still largely dependentupon cotton. The section as a whole has the lowestper capita income in the Nation, accounting in 1940for 18 percent of the population and only 10 percentof the Nation's income. Income payments in this
Geographic division
Continental UnitedStates ._
New England .__ _Middle AtlanticEast North Central.....West North Central. __South Atlantic . . .East South CentralWest South Central. _.Mountain,Pacific
Percentof popu-lation incities of25,000
and over,1940
40.1
55.058.449.227.125.917.623.320.149.9
Table 2.—Income Payments by Regions, for Selected
Percentof popu-
lation20-64
years old,1940
59.0
60.062.260.357.854.952.855.355.763.4
Per capita in-come payments
(dollars)
1929
677
833949762545446334425571879
1940
573
730751636473433282272518760
Range ofState percapita in-come pay-ments in
1940(dollars)
195-960
504-864624-853537-691384-526281-872195-330253-422356-960586-819
Years, 1929-40
Indexes of per capita income payments,1929=100
1932
58
676253556353555659
1933
55
62
50556049545755
1936
78
8175
828980788679
1937
83
847982849382869183
1938
75
7272798777828277
1939
80
827578
9280858781
1940
8.5
n83879784889186
Agricul-tural in-come aspercentof totalincome,
1940
8.7
2.62.27.1
21.810.418.918.819.58.5
Salariesand
wages inmanufac-turing aspercentof totalsalaries
and wages,1940
32.1
41.634.843. 320. 025.924.714.611.324.9
Income composition 1940,percent distribution
Employ-ees' com-
pensa-tion
68.9
70.869. 873.761.369. 966. 061. 565. 666.8
Entre-preneurial
with-drawals
16. 3
10.211.514.427. 616. 724.424.524.318.1
Divi-dends,
interest,etc.
14.8
19.018.711.911.113.49. (
14.010.115.1
14
Division and State
Continental United States, total
New England:Maine__ _-_ - _ . . _..New HampshireVermont -. . .MassachusettsRhode I s l a n d s . _ _Connecticut
Middle Atlantic:New York ' __New Jersev l
Pennsylvania.- _ - . _ _ _.East North Central:
Ohio . . . -IndianaIllinoisMichigan. __ _ . . _ .__Wisconsin
West North Central:MinnesotaIowaMissouriNorth DakotaSouth DakotaNebraska - -Kansas^ - . . . --.. .
South Atlantic:DelawareMaryland ' . . . _District of Columbia 'V i r g i n i a ! _ . . . . . . . . _ _West Virginia _ . . . . . . . . .North Carolina . . . . . . . . .South Carolina .. ... .Georgia. -Florida .._
East South Central:Kentucky._____ _ . .. . .Tennessee- . . . . . . . . . .Alabama . . . . . . . . . . . .Mississippi .. .
West South Central:Arkansas . ..Louisiana - . . . . . . . . .Oklahoma. . . . -Texas _
Mountain:MontanaI d a h o . . .Wyoming.Colorado- _New MexicoArizonaU t a h . . . .Nevada-
Pacific:Washington.OregonCalifornia. . . . . . . . .
SURVEY OF CURRENT BUSINESS
Table 3.—-Per Capita Income Payments by States, 1929-40
1929
677
570648601883843932
1, 089975758
746591897763653
571530602433435531511
932721
1, 170431408319270330516
371355323271
302409451459
644529712589356584558897
1 694658968
1930
006
556605545825770850
1,012913693
649510762631570
537
5 5°361420542476
778OS..
1, 1633*3409263223275455
317295242204
2223553573S9
5334796495S232550250682S
642568877
1931 ! 1932
512
489548484747699744
870798582
543422620519468
459410462059
345451
394
384427380614
578
680034439
401315460395355
343274
178191277
393 277
712 537602 486
1,(1*1337
9292*3
348 ' -JriS223 1821S9 155227 i 1SS391
261
307
211240 193190 157142 ! 130
172 1 155310297319
243217259
443 319307 i 268559 ! 406489 ; 360283 i 205419 • 309412 j 303749 : 577
i 51S 391! 477 i :.r,2
749
1933
372
370414349562592544
626570408
389308431348337
329287333212220300280
5064517872602( >2194105185286
193185145124
143229•>•)/)
257
1 3362^741 s
35221 ">302300« . . .
379.!' .".10
1934
426
400465394609560606
6846'>7469
457366488446386
377326376241265372330
582502S5630932424020S231338
236239196160
181270255298
460349493390277oh.1'312(.16
4<S39.V).
1935
461
433487429640604656
720007503
505402531508438
420370404281294374365
634534910337343258221251365
259256206172
200285286320
5413cS75 151292*83952*7fi'.H)
4771.9092
1936
531
482522490711668751
804748580
596482621592511
492441473328361459420
755605
1.059387400289253288431
302295247213
234324327360
592US6215063344.V"442771
57S5347.)0
1937
560
497551494733697809
896812611
644521666656537
513437483358338449454
814652
1,068405413307266296458
316307254202
243345363409
597492620547347503483846
598562787
1938
511
459522454673632716
765747541
558464599545486
481427453322343396398
683605
1,011388372291256283431
294286236194
235346335
! 390
511432577492287463
! 452786
570! 522
729
August 1941
1939 | 1940
541 573
487542484713673775
787793585
504560542
730864
SI 4852624
607 l 644508 ! 551648 i 691603 i 656505 : 537
499450476354369419395
802651
1,011416384312
526471499385384444418
S3 6703
1, 022455401335
269 2S1297 321452
303303248205
247352341410
542452630529331465458
• 877
465
330325264195
253350354422
579470638551356478
! 4871 960
! 604 633; 552 /vs.:
765 M!)
1 Before c o m p u t i n g per cap i t a incomes , salaries a n d wages a n d to ta l income were reduced in t h " I )i-<r if. of C o l u m b i a and X e w Y01 k a n d increased in M a r y l a n d , Virginia ,a n d N e w Jersey to account for res ident? of t he l a t t e r S ta tes e m p l o y e d by e s t ab l i shmen t s located in I lie D i s . no ; and Xew York .
region declined much more sharply from 1929 to 1933than in the rest of the country, but the recovery in1934 and 1935 was very pronounced and thereafterincome paralleled closely the movements in the UnitedStates through 1940 when it was 8 percent lower thanin 1929.
The economy of the Far West still is largely agri-cultural, but to an increasing extent it is supplementedby mining in the Mountain States and by manufactur-ing on the Pacific Coast. Income in this area movedfairly closely with that for the continental United Statesduring the years immediately following 1929. How-ever, gains were larger than average during the upwardphase of the cycle and by 1940 income was 4 percentabove the 1929 level. The region experienced a markedincrease in population and the drop in per capita incomefor the period was comparable with that for the conti-nental United States.
Particularly noteworthy were the changes in theincome structure of California which in 1940 accountedfor 59 percent of all income in the Far West. California
income was 6 percent above 1929, but its per capitaincome was 15 percent lower than in that year. Indic-ative of the changing age composition of the Californiapopulation was the two percent decline in dividendsreceived as compared with the 20 percent drop notedfor the United States.
Content of the Income Payments Series.
It is perhaps wise to point out again a fact that hasbeen noted in previous releases on State income pay-ments:2 Income payments must be distinguished fromthe national income (for which estimates were publishedin the June issue of the Survey). Included in incomepayments arc salaries and wages; net of employee con-tributions to social security and other retirement funds;
2 For a broader discussion of income payments by States, the construction and usesof the estimates, see "Income Payments to Individuals, by States, 1929-38" (April 1940issue of the SURVEY OF CURRENT BUSINESS). Reprints of this article are availableupon request to the Bureau of Foreign and Domestic Commerce. For a compre-hensive explanation of the concept of income payments and a detailed description ofthe item included, see "Monthly Income Payments in the United States, 1929-40,"Government Printing Office, Washington, D. C , price 10 cents.
August 1941 SURVEY OF CURRENT BUSINESS 15
relief and unemployment benefits, pension disburse-ments, and workmen's compensation; entrepreneurialwithdrawals (incomes of self-employed persons avail-able for personal use); and capital return in the form ofdividends, interest, and net rents and royalties. Theseries excludes the business savings which constitutean important and highly variable component of thenational income. Employer contributions to socialsecurity and other retirement funds, which in recentyears amount to roughly 3 percent of total salaries andwages, are also included only in estimates of thenational income.
One of the functions of the series is to represent theState distribution of consumer incomes. For thispurpose the present series suffers from two majorshortcomings occasioned by the scarcity of relevantdata; (1) it has been found difficult to trace the flowof income through the medium of institutional investorssuch as banks and life insurance companies. The
latter cannot be considered as ultimate consumers butmerely represent the primary recipients of a substan-tial volume of property income. Secondly, wages andsalaries are usually assigned to the various States onan establishment rather than on a residence basis.This factor is particularly important in such Statesas New York and the District of Columbia which havea large daily influx of labor. Available data have nowbeen employed to distribute a certain proportion ofsalaries and wages paid out in New York and theDistrict of Columbia among residents of New Jerseyand Virginia and Maryland, respectively. Owing tothe lack of suitable information, especially in the caseof New York, it is not pretended that any more than astart has been made toward this very desirable refine-ment. Despite the inadequacies noted above, it isbelieved that the estimates presented below representa close approximation to the volume of consumer buy-ing power in the respective States.
Table 4.—Income Payments, by Type of Payment and by States, 1929-40
Type of payment.
Total-
Net salaries and wages....Other labor incomeEntrepreneurial income-Dividends, interest, etc..
Total
Net salaries and wages. _.Other labor incomeEntrepreneurial income..Dividends, interest, etc..
Total.
Net salaries and wages..Other labor incomeEntrepreneurial income.Dividends, interest, etc.
Total
Net salaries and wages. _Other labor incomeEntrepreneurial income.Dividends, interest, etc.
Total _
Net salaries and wages..Other labor incomeEntrepreneurial income.Dividends, interest, etc.
Total ..
Net salaries and wages...Other labor incomeEntrepreneurial income..Dividends, interest, etc..
1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940
Alabama
848 643 5091 423 j 3941 538? 569 683
51013
24184
43914
11674
350287259
263j 252211 3099 7540
301 32045) 42
148 160
37961
185
706I 661
420) 387401 56
182 16564 53
698 748
1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940
250 216 179
420 46758 j 61
164| 16356 57
Arkansas
558 414 326 297 275 349 382 4481 463i 452 478 494,
25216
10541
195326633
153309222
162i 17637j 39
1201 13.30 32
15840 i
40 44 49 i 5211661 164 1751 178!42 38 401 41
Colorado
604
35111
14597
511
29822
108|83!
377
238:
1658!65!
370
216237556
2383682
254429472
548 602
293| 32461
10589;
49303
54140! 117891 73
54128
79
621
35056
13184
Delaware
221
1182
24
186
10522158
173
9441857
132
7431540
126
6951339
146
8041745
161
8542151
194
9682367
210
11052669
179
10462346
224
126
66!
Florida
738 672
40111141119
589
3422312698
471
279179481
172[ 147] 1215j 5 9
441 37| 2829j 27j 21.
132
9172014
129
81112413
Arizona
176
107193119
206
124263323
238
149184526
224
134224523
229
138204625
240
148214526
California
3, 1761 3, 019 2, 568 2, 063 1, 892106 133569 609659 618
5,339 5,011 4,342 3,397 3,252 3,640 4,042 4,834 5,158 4,885 5,215 5,680
651 72 140920 865| 729
1, 178 1,0551 905
2,078180694688
2, 306241765730
2,653 2,970 2,856346I 254 312
990944
900!9351
3,041334916924
Connecticut
1, 482
96514132371
1,371
85215123381
1, 213
72729111346
950
5632289276
903
5433083247
1,014
6124294266
1, 105
68446100
1,273
77268112321
1,371
88046126319
1, 217
77567116259
1,322
86259122279
District of Columbia J
525
1391064112
634
4401261121
611
4282156106
545
388164893
479
332194385
538
371264596
612
436304799
741
5005355133
772
5473860127
763
5444160118
798
5473764120
3, 337370
1, 009964
1,477
291
845
62534
Georgia
582
1031
802
16166193|
44933
106180!
Idaho Illinois
235
13937518
214
12537016
167
10294412
123
818268
134
73943
971 113 127 12216 24 16 17!61 67 86 i 68112 161 16| 13J
134! 4,60071
8602-4 j 15! 1,246! 1,0061
3,901) 3, 151486148511
186! 220 245 220 234 248; 6,777j 5,826 4,764 3,541 3,333 3,783 4,1.25 4,841 5,205 4,701 5,098 5,462
n * 7 i 1 1 o i O T 1 1 0 i o c i o i i A rj\r\\ o n n i I •) i t i o OP.A o i c n o Aao o fifi/i! Q n i n 9 9 7 1 1 9 r > 7 , 1 9 9 ^ 9 9 ao.^
141!454!582j
5is|487|
2,364 2,159| 2,462 2,694; 3,019 3.371J 3,074 3,353 3,63224532|565
222!599j010
355!682!785|
25717458321
3111 325} 335672i 723! 7576441 697i 7 AC
For footnote see p. 17.
16 SURVEY OF CURRENT BUSINESS August 1941
Table 4.—Income Payments, by Type of Payment and by States, 1929-40—Continued
Type of p a y m e n t
Total_
Net salaries and wages-.Other labor incomeEntrepreneurial income.Dividends, interest, etc..
Total.
Net salaries and wages..Other labor incomeEntrepreneurial income-Dividends, interest, etc..
Total . . .
Net salaries and wages..Other labor incomeEntrepreneurial income.Dividends, interest, etc..
1929 1930 1931 1932 1933 1934 1935 I 1936 j 1937 ! 1938 1939 1940
I n d i a n a
1,901 1,655 1,383 1,039 1,023 1,2241 1,351; 1,628! 1,704; 1,576! l,735i 1,890
1,32033
326222
1,13035
280210
924 689 j 655 7781 863 i 1,012 1,160, 986 j 1,127 s 1,26065 52; 57! 761 80s 129; S9j 136| 1251 113
223 1701 197J 239) 2671 308 3311 298 j 313 336171 i 1281 1141 1311 141 i 179 S 1841 1561 170 181
Kansas
956
52018
2831351
895
47919290
107
737
4073520788
520
3272410861
524
2922914657
613
3204018073
666
3364620777
763
36770
231195
411!45 :
254
395; 385!52!
407
20686
Louisiana
1929 [ 1930 I 1931 1932 1933 1934 | 1935 1936 I 1937 j 1938 1939 1940
Iowa
1,307]!, 29211,019 683
672! 63518| 20
4471 482170! 155
548
118
43229
86
817 929J1, l l l l l , 101 jl, 0804 , 140 1,197
375 414 452J 49634 44 45
237 271 33771 88 95
415
536! 522! 557 58952| 63! 65 66
399 391! 4051 423114 104i 113 119
Kentucky
966 832J 693 566 5211 6441 7131 835
562! 505 418! 32018| 201 41[ 31
252134
183124
134j 135100! 80
309J 34836 41
102 16986!
391 443461 761
1851 211191 105!
880' 827 :
I !477! 4491
53 60 :
244 223:106[ 95!
859 941
482 53765 63
212! 237100! 104
Maine
516121
196126
Total .
Net salaries and wages. .Other labor incomeEntrepreneurial incomeDividends, interest, etc.
Total.
Net salaries and wages-.Other labor incomeEntrepreneurial income.Dividends, interest, etc..
Total __._.... _.
Net salaries arid wages..Other labor incomeEntrepreneurial income.Dividends, interest, etc..
Total_ ._
Net salaries and wages-.Other labor incomeEntrepreneurial income.Dividends, interest, etc..
Total
Net salaries and wages..Other labor incomeTEntrepreneurial income.Dividends, interest, etc..
Total
Net salaries and wages..Other labor incomeEntrepreneurial income.Dividends, interest, etc..
Total
Net salaries and wages - .Other labor incomeEntrepreneurial income..Dividends, interest, etc_.
71913
141264
484131
654| 515!
410| 319301 25114! 95100! 76
488
300!35191162
586 635; 732 790! 801; 825!
337!42i
130!
3661
146!
82!
400:63
3 68101
47243;
163;112
473j
168!105!
47860176111
830
50261151116|
1
453
27698286
445
262108687
394
233176084
313 304! 330: 360! 404 4161 386; 410 428
198! 21119!50!63!
228327074
250; 23319 j 27TO fii
251 26325 2865 6569 72
Massachusetts
1,0881 968
668 j141
123J
M a r y l a n d i
738! 830! 885^ 1,012! 1,097; l,02l! 1,105' 1, 208J3, 728:3, 507;3,181J2, 612 2, 387^2, 586;2, 740 3, 05113,145:2, 8953, 0713, 271
58429!
1081247!283! 247!
469! 438! 490! 530 60323; 28! 4 2 ' ^ fili
89J 9lj 105! 116; 12(v206! 181 193! 200! 222;
Michigan
685!40
13S234
634!53
124;210
705 78912, 415 2, 207 1, 950| l , 55047 51 50| 58 1101 97
368223| 2291 895
331911
296 247825 718
1,427 1. 544 1, 671 1,814 1, 964il, 810 1, 950 2,102112: 146; 172! 2411 174! 235j 219 223222! 241! 259! 284! 305; 284: 299 314626! 655! 638! 712! 702| 566! 603 632
Minnesota
3,628 3,054
2,520! 2, 11439 j 44
4381 372631! 524
2,508 1,895
1,6881 1,3231001 76300I 239420! 25'
1,672J 2,166; 2,499! 2,963; 3,339 2,776; 3,124! 3, 40G| 1,45»j|l, 3 8 0 4 , 1 9 l | 897! 867:1, 002!l, 1234, 3244 , 3944, 320 1, 384 1, 473
1,168 1,93240171!
509128293236
i
1,751;• 1 2 5 !
337!286
2,003:186391383
2. 400119434 i:JS6
1,897;239360!280'
c
^210391311
425338
860! 823!201 22
370! 349201j 186
579j 514;34!
56478
627 70184J 131
259j 158 199; 231i 280j 3291 A 7 l l O f t 1 T 3 TOO i Q O i 1 « Q167| 126!!
I129! 132! 163
95! 116!35l! 319'161
787 823114! 108
319; 339. 391135; 144! 151
Mississippi Missouri
540!
256!
219|56!
410 286 264j 254i
134J43
175! 141 125!21187'21
3301
144|30!
129i27j
41h! 444! 427!2,17612,013 1, 714 1, 327 1, 2524, 4194. 519! 1, 7534, 810 1, 704' 1. 79> ! ! ! 1 i i ' ! ,
1. 8
152j31!
146!30
175!48
18737:
195!3:1
18237
163:36!
M o n t a n a
286! 237
1759232
186,56728
154105023
171
122
179
10
|43!16!
288j 318; 324: 280!
199:40!
167!3S!
300!
128-21'7520
175,35!
325
185
93!19!
168! 173j3i: 26! 2559' 77! 9122> 24| 24
Nevada
81
551169
7,
5011410
69
462129
54
40167
60
44286
60!
40. 444l 4!9! 12'i71 11!
80;
49:61
13!12!
1, 39711, 289; 1,09030
414335!
33| 67359 282332! 275
850 j48
215214
771i 851! 9064,0004,0904,036 1 .0^4 .14653! 76! 86j 1451 99! 120, 126 127
2411 2811 301 336! 346| 313 331' .'..'4187 211 226 2721 275 235' 252 263
Nebraska
728| 746 619
37l | 355! 31110! 1 0 2 1
24S! 296j 21499| 80S 73
379I 410 504
246 219| 2431 A\ 1 c I eta
498| 604 5851 518; 550; 585
14 |71 14148 35i
261183!
251 273! 282 i 27432! 5l! 39' 43
159 218! 204! 14656 62| 601 55:
28641165
3014318061
New Hampshire
96 106! 300!
58;4
1514!
4;12!12:
14J14
New Jersey !
3
2
231
13533375688
3,
1
091
98636355714
2,
1,
736
69974306657
2,
1,
197
35354248542
1,977
1,197
74239467
2
1
176
332112251481
2,317
1,433
121268495
2,620
1,579
187303551
1, 780!133!404!540!
l,682i 1,811158!3141464i
159317497
3,011
2,011149331520
N e w Y o r k 1
14,178 13,382111, 586 9,107 8,428 9,272 9, 814J11,02s' 11, 402; 10, 63841,025 11, 543 997 836 722 596 642 827 876 989J 1,0604,0204,1044,
8,608 8,112 6,904144 1611 293
1,923 1,694! 1,4263,503 3,4151 2,963
5, 273244
1,1062.484
4, 789354
1,0312, 254
2024
3658!
282
18853257
258
1669
56
203
12572348
199! 224I
124| 1408 Hi
221 26!45! 47!
23;
149113047
255
153193152
269
13!34!55!
256; 266! 275
160!183147;
168'16;3250
175173251
New Mexico
149
9113J
40!|
138
8533515
122
7672613
89
60515
96
576250
126
65143710
137
73173512
164
86234114
177
94155216
166! 174; 190
90;16:451
!
175016:
97185817
North Carolina
5905,350 5,721 6,2461 6,742; 6,457! 6,792 7,1421490 561! 777: 553; 657; 541j 600
1,103! 1.236! 1,407; 1.483! 1,3^*! 1,403! 1,403| 279! 1692,329 2,296: 2,593; 2,624; 2,156! 2, 289j 2,398 117! 10'
54812
468 37031 20
132! 134!
380 441! 475! 534! 596! 58S; 652: 70029; 391 40! 67j 401 57; 58! 64156! 255' 263! 271! 302! 268! 278: 24977j 92! 98! I17' I22! 1071 116; 123
For footnote see p. 17.
WK.M i«.)4L S I R V E Y OF ( V K R K X T BUSINESS
Table 4.—-Income Payments, by Type of Payment and by States, 1929-40—Continued__ t _ . ^
T > p e o f | > £ > m c i i t 1929 19:50 V)'.il 193'* 1«M3 1931 1935 193d 1937 19§i«* I98!> 1940 19*9 i:>30 1931 193? 1933 ! 1934 ! 1935 i 1930 1937 I 1938 j 1939
XorlSi Itakotir Ohio
Total 2 M 3 2 1 7 1 7 i 1 2 i U ' ) I t ) " ) L s 7 2 1 . 1 2 2 M 2 0 1 2 2 ' i 2 ) 7 1 . M 1 0 ' . 3 2 2 { ( 1 5 2 2 , W i 2 , h i 1 X , ( ) « • ! 3 . 1 2 . " ) 1 , 0 , 7 ) 1 , 3 9 3 3 , 8 2 1 1 . 1 7 7 - 1 , 1 . 1 3
N e t s a l u i e s a n d v n » e s 130 123 1O>) SI 71 7 s s u <)2 MM < n , « i 7 102 5, s 51 2,M~'> 2,111 I 77', 1,721 2,027, 2,217 2. ,"M3 2.911 2, is;i 2, 709 3.032Oilier labor income i \ S 0 s 22 21 55 2s 2h 22 IM 70 7.5 151 MS i l l ISM 2 0 ! 317, 217. 303 3(3 2(11r n t l e p r e n e u n a l m< o i i v 13h 103 1.1 22 11 11 Os 7s M2 71 Ml 113 o i l ~2M HI 31s 310 129 199 ,V>I Ols ,113 7,70 .190l ) i \ i i i e i i ' l s , m t e i e s l , e t c M 17 M 11 10 U 12 1 _' I., i2 l i l i 7(»' 7 ' . . hi", 171 5Mi, US 17S .isl hi',) i<»7> .V5.1 ,107
O}>I::hom:: Oregon
Total l . O h s s , i s 7 2 0 . 1 3 ! 1 1 s ( , 1 3 < M 7 * . s s l l 7 ^ s ; • , } s 2 s o 2 0 1 1 1 1 ( 1 , r > I 390 ,1,1M 5 9 9 SMii h'01
\ef silanes and wucs fi()l .151 102 A2h 2()s ';i! H7 .is1) 1'" 11_' too ijs /,')•) . 5 , , {'<-, _>r 210 2!s -js-j 327> 37.1 ,;00 3xiO t h e r laboi menirie 1'> 10 10 3'« >0 >s 49 s7 <7 75 7"« 7") " 10 21 ' 1 20 2- I:!' 19 .'52 12 3MKntiepn M":JM il income 2()0 lin 127 loi is 17,2 lMs i«i.-, JJ> |(i7 21M 21s | t'» II ' ) s~> ^ r.x s.j III |;',l i:<s H'i \'2sDiMde i ld s , m l e i i ^ l , e h IV) I {>, l)l hi d'i sj S7 UH> ll (» (*''» 1 0 . 107 'u» h\ 7,D 57 .H\ C 10 7)1 7-1 IS 7)1
f i 3 9
4 0 9
137."»1
Rhode Island
ToU.I 7 , 2 , 1 0 h . O S i 1 , ( » j s 1 , 2 7 1 \ ( ) 0 0 1, 7 1 2 1 . M 3 7 1 , 7 1 1 0 , 0 2 M 1 ', IM , 1 , 7 7 < j M , | S , " , , » 7 1 l i d 1 - 2 3 M 2 5 0 2
s i ' s o ' I h i " ' 1 ' i * I'Vl "
121 -i';)0
N o 1 c h i n e s i n d U , I L M ^ 1, ««n 1. ^>s 1 0*7 2. 7.>'i 2 ^7i 2, (»l-s ;, 17-, ; ,-,.; ,-;, «,7«i ^ l')2 {. TV) I, ih.) ^ " . H { _- '• _'2" 221 2."'.s i"S 2s7 :}I7> 2^7) :i!3 317Ol'iei laboi income 1 x«, |r,i | i | p;i _>(,(, .;5s Co m 17s- 117) 101 7 •) Is Is \'A 17. Is 32 23 3<; 31 32K'MiepierKMiM il meoi re 7s2 (",s ,)M i'.1) IT) 175 7,37) 7,<ix <,• 2 ", )s r,27 h i s 7)1 !'• ll1 3 ! 2'J 32 :;7, 3!) !:„' 3 ^ 41 4.r>1 M\ K I I ' I K N . i i . t i - i e s t , ( l c 1, I 1 H , 107 1.22.' (Hh MM xl#-, -,-'j i, OV) 1. 011 xT i l»2T (J7I 1 »1 \M IN 111 'J'.! 10! 1OD 110 110 ss \y.\ <)7
Sonih !);:kofii
Total
\< t s(1l
0 9 3 s M A . I ) 2 7 7 2MM i 7 7 1 0 5 I 0 S 1 0 1 I s ] 1 0 ' i n 3 0 0 2 M ! 2 ' / » 1 5 2
'OM M l
i'J7 230 2 i 8 220 238^
I I I 1 U ( M C S ! 27() l'»0 22'. ISO )v , jh 21! 27>() 2l'h j ^ o ;<!(> ',2-, 131 12"> 'OM Ml 77 so <!0 «)fi l ( ) l i 102| 107'Oilu ' i labor uicoMic , 7 S Is M _", _S 27 1 5l) Is \> ,» 1 "> ! I 7 '3 30 2'. 31 21) 2Si! 24;
F n l i e p i c i i e u r u i l income 117 v.« *>2 n . ' »>.. I 1 . * H i> 12"> J.51 !20 1.51 131 111 I1." 102 21 ">1 CO 70 111 74 77) 92!i ) i \ idi n d s , n iUTi ' s i , ( l c 3'» 3h 3o 2\ J5 2-. 2» 5h 3s ,ii i», { . 21 22 17 M II 12 il 17> 14 1 4 ; 1 5 |
2 4 8
1 1 . 1
T e i
Tot ll
\<>f MlMies HI.I wOihe» labor mconu
M 2 2 7 7 1 0 3 ( > 1 1 M " 0 1 o 1 " 7 M S 5 1 s 7 1 s 2 0 s 7 h < ) 1 M 2 , t . , h 2 2 7 1 1 s s I 1 , 1 1 0 1 1 1 < ' s o ; ; 1 . 9 0 ' 2 2 7 0 2 . 7 > i ' s 2 , i ( ) S 2 . G I . 1
, 1 ( , 7 1 I ( ) l . ' w . i l l 5 : i 5 M 1 1 2 ) 1l il'> i'M 12) <7() ")2h 1()2 "> 5S isi I is-} l, 47s I Jhl i)«» s">s <,,,w l.n;^. I.i7." 1.302 1.37)7) 1, 12'2lh 'T it 2-. 2) 11 15 i s M >»• V» n ' %1 5i 7(» "» 7«- 100 i o . i !77. I l l ) 1 3 2 139
r u m D t e i i e i l i n l l r u o n u ' 229 1 10 105 11! Ml i ; l,"| I«M 207 Is9 190 2'M i\' 7)0 5 T>s {'. '• 5"7 s<>2 ,>'lu 717 <)«",«» '»»."» 0 7 2l ) l \ M e n f s , H i d l e - t , e t c 111) MM SO "> "ih 7>) 7 . 91 M", s} s<) < , 107 ^ n 2sh 2!"i 21s* 27s 293 373 Us 37.; -\^2\
,7)0114C04741S
I hL Vermont
Total 2 s 1 j - , s 211 I") 79 20} 2")(l 2t.S 2M) I9h i71 I2ti I J2 17>1 17h 177 103 171 197)
\ t t sal mi ' s nnd \ \ « I J I > Is7 l'»5 1 i"3 In") 90 HIM 12O ! .M K, I \-,> r,-, I,,M 12s 11 ~ InO 7»i 71 77 si". ''7 107, 91 1OI 117O l l n . labor income , 5 5 7 "> il i s 1M 2< In 25 21 22 1 1 7 r>! 4 S 7 13 s Hd 10! 10F n l n pKMH'Uii.il id ' nilc > "» 11 2t» 51 .51 t() I . ")5 is -,o "1 17 10 55 2s 2S 32 -57 3s 30 31 37 11D l \ i d e l i d s , rritt n «,t. 1 lc 55 .ii 2S 21 Is Is |«. 2~> J , 22 2f .»•> 57 <T 51 2s J7, L'7, LM 2 S 2 S 27, 2h 27
Total 1 . 0 0 M s M M 7 9 8 ( > 7 1 0 2 7 7 ) 1 s 2 1 M 1 2 9 M 7 9 1 s 1 , 0 5 1 1 . I , 1 I 0 7 ! 1 0 0 0 s 2 1 O ' M l i i O 7 1 i 7 1 - 1 « * • - 7 1 . 0 1 . 1 9 7 7 I , O i l 1 , 1 0 1
( 7 0 1 1 2 l l s ; < „ > . 1 :5 - ) | . ' ( i ,-,\ c t s i h r i c n n d w i ' M s h " h h l l " 5 s '. >>s 4 M Jh~ 0 s It 1 i>>2 t > ' > s 0 7 1 7 " 0 7 5 5 ( 7 0 V . 2 U s : ^ 5 1 3 " ! i. 'O 7>.i( h 3 , 0 2 . ) 0 7 2 7 2 - i
O t l u i 1 iboi liHoniP M !o 5") 22 lu ^7 5M 7i \> 7)0 7,0 7>0 11 1") 2 21 37) J.i ",:.' '..'7 (is ,s2 77, 73i: KK i'ler-emi,.! i iuoinc 221 l"l 117 12t, .'in r,", i ", ur, 201 !«»(• iMl 2M 1 17s l^s II1 107 123 ' 7> 1 I ' . ) US I'lf. 17'1 193 197,l>i\ul(Mi.l*, m i e n s i . e t c ' 1!") I ' s K.-s ss -2 9,» 102 1 >2 152 110 119 12") MM M, 100 70 CM 79 ,s0 1 i>l 1 1 ! W3 101 107
Total
West Virginia Wisconsin
S 0 0 7 O M M O M 1 7 1 { h i I S O h ! 7 " , 2 1 7 h O h M l 7 2 1 7 h l 1 . M 0 5 1 1 , 7 7 I i s 2 1 0 " l l . O O l i . I i M 1 { ! < 1 V , . 1 , 1 7 1 l , ' ' » 9 0
N e t s a l c > i i e s a n d \ \ a i i e s 1 9 0 " i l 4 1 7 5 5 M ) i l 1 0 - , 1 5 2 i s s iil }OM ,10M 111 I 2,7 1 o> s(,< (,«,~ » < r i^, 7s_> s , > \i,u v,M 972 1.01"O'h i i laboi income 10 II 2* 10 5i U ^ 01 15 (1 .11 .11 2 5 2M "5 \\ t ~> ^ 'i ) IM MI 121 IM l()s! lit! epic Hem i d i n c o m e IM S) 7M Os " i SI ',1 I'll JOM 102 102 lOi .->MM <) I 210 ISO 200 2 50 27M ''", It jM i U,7 3 sD i \ i d e n d s , n i K M ^ t , e tc S7 Si 09 II 1.1 15 7 , 71 71 h2 OM 0 9 2 7 1 2 1 0 2 0 5 105 135 111 Ih_> 1 M ; IM , K , 7 17M i s M
>\>omiii< United States total
Total 1M 117 1 7 1 I M 1 1 0 1 1 1 i h 2 s 2 2 5 2 T l 1 1 1 0 5 4 ' 3 , < » , 2 i 7 1 0 7 1 7 1 ! s , | - , s < , | -> ( , 7 " J v - , 2 ! . 2 ( » n 1 5 5 7 0 7 7 ) 7
. ! ' ' i I DIM 10 I i l 1 i. 72<) 1 l t i {, t ,OM
N e t M l i ' i e s a n d \ \ < i " e - ' 10) Ms Si Ml ", hi 7.. si s', SJ s7 Mi1 12 0'<s 17, . ^ ,,M hsM 5 ), 72 2s. i 1 , i2, 2 5 % 51 1/2O t h e i l a b o i m e > m e 2 2 ', 5 1 s s Ih U M « > « ' | ' . ( ( 2 o 1 , 1 2 , 2 , 2 1 1 1 , 7 5 7 2 i O ' ^ 2 < > 5 ' " i s 1 . , " ' 5 , M i ? ' i 1,»r i i ' i e p i e n e i j i 1-I l i i eo l l i " ' 5s r . 2'1 Is 2" >2 5 i s 12 i s 17 1 1 , M M 2 / 11 S i h M _ 1 9 7 . 1 1 1 ( , 1 h 2 M H S 2 1 ! _ » ) ' ! M 1 ' . ' ' " 1 I I 2 1 M h , S ! M l 2 515D l M d e r i d s , i n t e i e s t , e t c M 12 |M s M 10 M M 15 11 12 12, 1 1 , l s l 1 1 30,1 U , 2 s i M, '« . ' i \ " . ( ^ M T ' ' ' Ms ! 1. " S M 11 s ._ M MOh H>. 0 2 2 1 ! . 127
1 As in former releases, salaries and wa^es are shown on an establishment basis. For adjustment to a residence basis see table 3 and loot note.
402798—41 3
18 SURVEY OF CURRENT BUSINESS Atiguit H!4i
Revision of the Seasonally Adjusted Indexof New Passenger Automobile Sales
THE Bureau of Foreign and Domestic Commercehas revised its seasonally adjusted index of the
dollar value of new passenger automobile sales. Adescription of the methods and techniques employed inrevising* the seasonal factors so that they would adjustboth for the effect of the varying date of new modelintroduction and for variations of the usual seasonalcharacter is herewith presented together with a tableshowing the unadjusted and adjusted index figures forthe years 1928-41.*
The index represents monthly consumer outlay onnew passenger automobiles relative to the base period,1935-39. It is based on the actual number of newcars sold by dealers each month concerted to a dolinrbasis by the application of an estimated average priceper car.2 The sources of the basic data and methods
1 This revision was prepared by Louis J. Paradiso with the. assistance of Keba L.Osborne and George Perkel. The April 1934 issue of the Survey of Current Businesspresents a detailed descriptionconverting the raw data to an ir
2 The price factor developed by the Bureau of Foreign and Domestic Comment
' the original ; ; and the metlex of average daily sales on a •
ew passenger automobiles for a specified month. Itce with constant weights showing t he price changesteriais, quality, etc., but rather the average amount
represents the average price of ris not a conventional type of prof a constant, spt8-:/.;' it ion of m:the consumer pays in dollars for the units sold during a particular month.
DAILY AVERAGE BASIS, 1935 " 3 9 = iOO3 5 0
300
250 -
2 0 0
used in computing the unadjusted index are given in the-April 1934 issue of the Survey of Current Business.
The revision of the seasonally adjusted index hasbeen made primarily to allow for the effect of the changein the date of new model introduction, which hasdrastically altered the seasonal pattern. Formerly,new models wen4 introduced around the beginning ofthe year, but- since 1935 models have been announcedin the fall.
A change in methodology also has become necessary.Prior to 1935, sales of passenger cars followed a fairlyregular seasonal pattern, and constant seasonal ad-
I jusiment fnetors were used. Since that date, new modelshave been introduced as early as September, as was thecase in 1940, and as late as November in !93(>. Achanging seasonal pattern, therefore, is required todescribe this phenomenon. Sales data are now avail-able for a sufficient number of years to make possiblereasonably reliable estimates of the shifting seasonalmovements.Elimination of Trend and Cycle.
The first step in determining the effect of seasonalinfluences was to eliminate, as far as possible, the trend
DAILY AVERAGE BASIS, 1935 - 39 « 100350
WITHOUT ADJUSTMENTFOR SEASONAL VARIATIONS
1 X
ADJUSTED FORSEASONAL VARIATIONS
0 I I I I I I 1 I I I I I I I I I. I i I M I I 1 I I I I I I I 1.1 LI
150
100 100
5 0
1933 1934 1935 !936 1937 S938 1939 S940 134!D.D. 41-31!
Figure 10.—Indexes of Dollar Sales of New Passenger Automobiles, 19.-S3-41 (U. S. Department of Commerce).
The index is also adjusted fur the eliect of the ohauge in the introduction date ol new models.
August 1941 SURVEY OF CURRENT BUSINESS 19
and cyclical factors. This was {lone as follows: (1) 12-month moving averages wore computed from the un-adjusted monthly indexes for the period 1028-41;(2) to eliminate seasonal and random fluctuations moreadequately, these averages were modified by the use ofa more flexible free hand curve; (3) ratios of the monthlyindex figures to the modified moving averages were thencomputed; (4) these ratios to moving averages wereplotted chronologically for each of the twelve months forthe years, 1928-40.
Seasonal Adjustment Factors, 1928-34.
For the period prior to 1935, the seasonally adjustedfactors were computed by well-established procedures.No well-defined trend appeared for any of the months,and after eliminating extreme observations, arithmeticaverages of the ratios for the seven years were computed.The adjustment factors thus derived reflect the com-bined cPi'eet of purely seasonal factors, such as weather,and ihe effect of the now model introduction date whichwas rather constant prior to 1935.
Table i. 1940 Adjustment Factors
Month
V i ! ] U s t l l H ' l i t I
iluo L > HMO |new nio'iol
F i n a l i'HU
lummyhVbruar\\I-rch '_Vr. i i l .
l i m e .I u l \
r is 31period
06S3
no150143138113
date
+ 18+6
0- 2 4—26- 2 3
21
j
October
[)eoemb«>i
10690 - 1 4 I
+45 |+58+36 I
| adjustment
8489
116126117115920976
12412189
Adjustment for Variable New Model Introduction Dates,1935-41.
For each month of the period since 1935, the seasonaladjustment factors obtained, for the 1928-34 periodwere first subtracted from the ratios to modified mov-ing' averages. The residuals of this subtraction proc-ess, although they include some purely random fluctua-tions, largely reflect the influence of the variable datesof new model introduction. In order to estimate thedifference in. sales due to introducing models in theautumn instead of in January, these residuals were thenrelated to the date of new model introduction.
For this purpose a weighted average introductiondate was computed from the dates of introduction re-ported by the various producers, the weights being thesales of the respective makes in the calendar year follow-ing the date of their introduction. The 15th of eachmonth was used in measuring the interval in timebetween the month and average date of introduction.The number of days between the 15th of each, monthand the introduction date was then computed for sixmonths preceding and six months following this date
in each year. For those months preceding the intro-duction date the measurements were designated asminus and for the months following that date as plus.
Next, the residuals for each month were plotted (asshown in fig. 11) against the number of days before orafter the date of new model introduction.3 As was ex-pected, in the months immediately preceding the intro-duction date the residuals were negative, since buyersare inclined to wait for new models, whereas in themonths immediately following the introduction date,the residuals were positive. The average relationship
POINTS IN INDEXh 100
-200 -150 -100 -50 0 +50 +100 +150 +200NUMBER OF DAYS FROM AVERAGE DATE OF INTRODUCTION
DO. 41-323
Figure 11.—Correction for the Effect of the Change in the Average Intro-duction Date of New Models of Passenger Automobiles, 1935-41 (U. S.Department of Commerce).
between the residuals and the number of days from in-troduction date was obtained by drawing a freehandsmooth curve through these points on the chart. Thiscurve has a zero value at the average date of introduc-tion, negative values for the months preceding the dateof introduction, and positive values for the monthsfollowing. Thus, after allowing for the usual seasonalvariations (as determined from the period prior to 1935),sales are below average for the six months precedingthe introduction date and. above average for the sixmonths following. The lowest value on the curve oc-curs about a month before the date of introductionwhile the peak is reached about two months after, whenthe greatest effect of the new model stimulus is noted.Following the peak, the values rapidly diminish to zero.
The adjustment to allow for the effect of the chang-ing date of new model introduction for each month wasread from this curve.
Seasonal Adjustment Factors, 1935-41.
The final step in computing the seasonal adjustmentfactors was simply to add the correction due to newmodel introduction to the usual seasonal adjustmentfactor obtained from the 1928-34 period. For example,September 21 was computed to be the average date ofnew model introduction in 1940 and therefore, repre-sented zero on the chart. To get the adjustment forOctober 1940, 24 units (the difference in days between
3 The vertical scale was used for the residuals.
20 SURVEY OF CURRENT BUSINESS August 1941
JanuaryFebruaryMarchAprilMayJune . _.JulyAugustSeptemberOctoberNovember.December
Annual index
Table 2.—Indexes of Dollar Sales of New Passenger Automobiles, 1933-41[Daily average basis, 11135-39=100]
Month 1928 I 1929 I 1930 I 1931
7995135182 !185167156162137136100
109135189 j251 !226 |196 !209 !189157 !145 I9468
8210413517015613010197876949
1936 1937 1938 1939 1940
WITHOUT ADJUSTMENT FOR SEASONAL VARIATIONS
8912410590 |796553433438
414361
343834
313J \365o ;(W> I72 :63 !64 |56 !473619
93 i81 I69 !
4330
110 |128108 !116 j98 !
10699
130 <157 |153 |154 !130 I103 |79 !63 i125144
10095
160 i14913612581911017*
8489S3
68544161109106
7878 i
117117118111977062
106119 !122 j
100 I
105111147 ;160 .144 <1581307874
154163150
143178
235246
?'215
ADJUSTED FOR SEASONAL VARIATIONS '
January . .February......March .April . .MayJune . _J u l y . .AugustSeptember _.October . . .NovemberDecember
120114116121129121138153152172159
165 i151 i163 j167158 !142 i185 i178 !174 ;184 |149 !
10994
S373
5454
41 :41 I45 !30363S323242
47373133
59
36
636668
76 I84 |87 |S3 |
100 i102
105 j107 !112 j115 \97
127137147130
911311 18 i13613414914914013H
7169700473
10191
10198
10493
1029697
121
12712313714111397
124135
190209
v 1*2
p Pre l iminary .1 Adjusted Tor seasonal changes and for the. effect of[the shifting date of new model in t roduct ion.
October 15 and September 21) were counted to theright of the origin, and the ordinate of the curve at thispoint was read as +45. This figure represents theamount of correction to be added to the usual seasonaladjustment factor already found for October, in orderto adjust sales made in that month for the effect of thenew model introduction date. Table 1 shows the
adjustment factors obtained for the months of 1940by the methods described above.
Table 2 presents the index figures from January 1928to date, both before and after adjustment for the usualseasonal changes and for the effect of changing date ofmodel introduction. The chart shows these indexessince 1933.
REVISED SERIESTable 22.—ESTIMATES OF NONAGRICULTURAL EMPLOYMENT 1
[Thousands of persons!
1937
Civil nonagricultural employment, totalEmployees in nonagricultural establish-
ments, total . .. _M anufacturing . . . . . . . . .
1938
Civil nonagricultural employment, totalEmployees in nonagricultural establish-
ments, total _. .. . .. ...Manufacturing
1939
Civil nonagricultural employment, total __ .._Employees in nonagricultural establish-
ments, total. ..Manufacturing . . . .
1940
Civil nonagricultural employment, totalEmployees in nonagricultural establish-py
ments, totalManufacturings
J a n u - j Frbru- jary i ary j Marc-ti i April May
34, 429
28, 3489, Nt/2
27, 07;-!8, 888
27, 16t)9, 079
28, 6089, 974
28,05110, 142
26, 9618, 931
27,3159.219
34, 656
28, 5139, 974
July !A l ! sustj j<^ r |<Mobe,f™iD<£
34,739 , 35,250 ! 35,569 j 35.886 | 35,979 I 36,076 i 36,210 \ 36,402 ! 36,161
29, 14010.359
26. 9778, 890
33, 458 ! 33, 748
27, 0059, 297
34, 852
28, 7099, 926
29, 45410. 476
27, 0928.719
27, 6749, 2V:"()
34. 882
28. 739
29. 70710,' 504
26. 8098. 520
29,86110.422
26, 7498. 376
29, 95110.407
30, 07810,593
30, 25910,594
30, 02210.441
29, 1729, 957
32,883 | 33,253 | 33,823 j 33,911 j 33,856
26,7518. 411
27, 1178, 746
27,6799,014
27, 7709,061
27,7199, 149
34.113 : 34,590 ; 34,594 j 34,882 j 35,510 I 35,832 j 35,701
27. 9709.212
28, 4479, 259
35. 163 ; 35, 425
29, 0209, 776
29, 2829, 824
28,4519. 279
29,311 :
9,832
28,7399.515
29. 3679. X57
29, 68910,152
29, 55810, 169
35, 902 J 36, 528 i 36, 867 • 36, 986
29,759 !10, 163
30,38510,479
30,72410, 668
30,84310,735
28, 6019, 434
28, 0499. 220
35. 928
29,78510.195
31,46510,856
Monthly
29. 44210. 273
33, 362
27. 2298. 827
34, 624
28. 4809. 544
29. 61310,I70
1 Revised series, compiled by the £'. N. Dipt, of Labor, Bureau of Labor statistics. Estimates of employment in manufacturing establishments have been revised beginningJanuary 1937 to adjust data to preliminary employment figures from the 1939 Census of Manufactures; estimates for total employment in r.onagricultural establishments andtotal civil nonagricultural employment have been adjusted to take account of this revision. For earlier data and a description of the series, see table 1.1, p. 17 of the March1941 Survey; for data for 1941, see p. S-7 of this issue.
August 1041 SURVEY OF CURRENT BUSINESS
Table 23.—FREIGHT-CAR LOADINGS1
21
Total Coal Coke Forestproducts
(irain andgrain prod-
ucts Livestock
Year and monthAd-
just-ed
1919 monihlv a\eragi1920 monthly awrai-1921 hionil1922 mont l1923 niontl1921 monil ;1925 mon! 11920 montl1927 montl192X mo1929 mont r1930 nionthl
JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctober-_November ..December
Monthly average
1932JanuaryFebruaryMarch. . .AprilMayJuneJuly.AugustSeptemberOctober . .November _December
Monthly average
1933JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
Mon! hly average
1931JanuanFobiuar\Maich\prilMa\.JuneJul.s\Ugl]stSeptember(k'tonerNovemberDfvpniher
Monf.uly average
1935January . .. .FebruaryMarch "AprilMay.JuneJulyAugust ..SeptemberOctoberNovemberDecember
Monthly average
For footnote see p.l
U l l -ad-
just-ed
1201291 10121142 !
$!148152131
Ad-just-
ed
87 i84 !82 |80 !74 I70 :70 I
SI7876
74 i73 I68 j74 !79 :88 !
938591929696
Ull-ad-
just-ed
159125I 15149 |135 I139 I156 !144 I138143 j124 !
Ad- Un-ad-
Ad- I II-ad- A d - I 11-
JHl- A d - I 11-ad-
A d - Un-ad-
^ >%• ^->%-*%'<%-.^ & *x-&jed
12117x13015")170130132157 ,121
jed
237233
2312H.21 1201)
no
ed edj
ed
110112112112
inK)810710397909592
104104100109110108109107109
no9783
113104107
no10710510410198999188
12711210492938990951051.1010198
1029295928875710907707070
1 1511399878409025864707077
119112J0710210296918782777570
100114110100109101898987797359
124121122118117
nono1049710911295
79807978
707073SO9281
959287848585
959297958780
84899085869185911021089992
04 j71 |
84 !93 j92 |93 i
80 j88 j71 I
709211211597899288
1041 10
94735954010990108102104
90101746305799410210310110299
636271544240
626307
59 i00 |53 |51 I
100 |1029386 j83 I84 i
74474037333548
74 |
50 !
09805542 |5009868691858392
07640362
4949
53474854
8191
79 I74 |
74
0921H>XIXOXI7M\\
X7 i100 I10087()5 192 Ic^s65
1031331 1 173XXX0riX
54
')(-»
lo i991028998118809089
I0X
90
1 !61151087583101677993
979499
108104111
80807483817970
90 i94 I104 !
67XI
102105
70747461 '
!Si9596
59 i04 I64 I04 !00 !
19 !
5443
78 |
I!72 I74 !
69 |
00 ;84 !82 I83 i81 :86 |9099104 j10192 i
11210212h135
1421271301311391 i2125
11411810810610310315912510910910681
172169168165163157159165154156164158
23(»21X20X2262402 4522722221521219X17!)
182160141155150132133154181207192158
141141140140139138137135132131130127
136146151156164165164163164151
131136140142141139137136139137133121
100 I
? i !93 |79 !
1 11109109
9392839110491919187
84848274669810810096
1021251111008778
71
7576 |
3 I7391119
1009180
Ad-just-
ed
X7)8818782
150147144144132
5713717130121Oti0721
4120
252311811611410907070808Of,Of
474649566986918984807762
70
877880112119113947181849390
/ 87477101105
no1308591848777
91
122122120127128134132123121121122116
12711195119118 j111111121152163143114
123
120 i126 i120 I123 I126 I134199
,190145132125
107106103999891869210010799
127109
116116
no167
249200154122
150 ]
10688819290717394129152121Mj99 !
10710499100104106110107106105104105
107105104104 |103 !102 |102 Iioi !100 I"99 iinn !100 I
101102101100999999100100100101101
102101105105104102101101 i105 I103 !101 |96 ;
959910110210099 i98 !100 !105 j105 !103 I96 ]
100 i
Miscel-laneous
118118118118115
no107107113113109101
J13
10110099102105107109108111109106100
4742371313s121413J71728
303232232328517484656548
4853
0457
40 'in49
ed
ad" A d-
ed
13917305114167120144156135137163
212963111133129114
2414
11 i10 I10 i13 !
.312426232410
S123050961371471062611
8412412010591no2012
51566275756666
121315379811512212212:
50 !23
112109no110in10710510193929289
Un-ad-
j ust-ed
no128128139143143
152130
919610411511411310910610710692
7070717073730809
73
605859717786898490918073
8490
9192S3
929088 !85 I87 I88 I9091 I95 I96 I96 !
7682XX9086
901011089988
22 SURVEY OF CURRENT BUSINESS
Table 23.—FREIGHT-CAR LOADINGS ^Continued
August 1941
Total Coal
Year and month
JanuaryFebruary __MarchAprilMayJuneJulyAugustSeptember,OctoberNovember _December..
1936
Ad-just-
ed
Un-ad-
just-ed
9810194
103104106109110109111 |116116 I
Ad-jus t -
ed
92979298
1021051101101211251 2 0 S111
Monthly average j _ _. j 107
TanuaryFebruary--MarchAprilMayJuneJulyAugust-----September.OctoberNovember.December.-
1937
112
116
119
119
117
114
115
114
112
106
Monthly averag
104
108
115
113
115
113 i
116 I115 |
125 |
120 i
103 |
88 !
ml.
109
128
79
108
106
103
108
110
107
114
118
114
110
112
122
114
110
108
107
108
113
111
101
98
Un-ad-just-ed
124
149
84
91
90
86
91
96
113
126
130
129
125
128
129
96
94
91
90
95
119
125
111
110
CokeForest
products
Grain and |grain prod- i
ucts ILivestock | Merchandise
i (I. c. 1.) iOre
Ad-just-
ed I
103
108
83
107
115
116
128
130
131
135
143
138 !
Un-
ed
124 |
138 !
86 !
90 !
106 I
107 I
112 |
109 j
128 I
133 !
148 !
149 j
A U -
125 ]
127 !
142 |
150 i
140 I
137 !
152 !
145 !
137 |
H5i8/ i
150
156
147
132
129
125
134
122
134
113
91
78
99 I
103
107 |
no !Ill !
108
111
117
123
Dn-
ed
89
87
98
99
107
113
110
117
117
116
115
109
112 I
120
120
118
124 !
124 !
133 |
123 !
117 I
107
96 I
90 !
100
98 !
103 |
101 i
102 I
104 |
108 !
95 \
84 |
91 !
103 |
103 I
99 j
115 !
!129 I
129 !
134 !
130 |
96
94
9."
100
99
91
101
114
107
L'n-
ed
89
102
156
117
93
91
97
94
sisi
94115120
106112
loo !93 !
108 !
118 S
LOS |
105
109
113
111
104 |
102 !
103
10 > '
102
1(52
101
96
ID'I
I In-
95 |
85 |92 I86 I85 I99
110137 |156 I142 |108 !
100 '
100 !
82
SO i
102
1 ,2
150
121
97 !
98 I
101 I
102 |
104 i
104 j
105 i
104
104
106
108
106
107
10s
107
10s
107
106
JO-5
101
In-
94 |
98 !
102 !
102 |
103 j
103 |
105 !
no :108 i
10S '
104
100 i
104 i
10S
1 )t
110
85 i
85 !
84 I
ioi !
101 I
102 !
103 |
107
118 !
138 |
138 !
121
152 i
15s
157
220 ,
152
ri146
112
104
Miscel-laneous
Un-
20
20
21
37
145
178
191
193
206
183
101
31
37
38 !
39 ;
140 !
256 •
264
279 :
261
249
160
Ad-
94 i
93 !
99 |
102 I
105 |
108 !
1 1 1 I112 !
11?!117 i
139 !
114 j119120 !120 j
120 |116 '117 :
1161131059788
96104107109no112125127121110
10110711712212111711711612612010181
Januan -FebruaivMarch _ .\pril. - - .Md> - - -June ._JuKAuguMSeptember .Octobf r\ o \ ( mbeiDeccmbei
Monthly average...
1939JanuaryFebruary . - .MarchAprilMayJuneJulyAugustSeptember. ....October. .. . _NovemberDecember.....
Monthly average
1940JanuaryFebruary . . .March .AprilMayJune .JulyAugustSeptemberOctober .November _. -D e caliber .
Monthly average...
91?•>>
SO
8 j
'- "i
ss90
929"
9596
98959487909799101111i 14
114110
S482S2 i
78
SI
s3,ss90 '
102 '
10*J0092
sy
90 |
88 i
90 i
83 !
8895 i
99 !
101 !
123 1
129 i
119 !
101 !
s77870
M8387S9
Ml9d
Mb
949490607297105
110
119
118110
998973
6969747899107107109
87
1071089350618289
97
125
134122111
70 |
59 j
58 |
57 !
r>8 i
64 |
697770 i
84 !
s2 ;
!
S3 i7S i
So
r l81 ,
104 1122
146114 ,
in
837260
52555*7576S989
68 [ .
99
96ss7}>61780
87
120
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1 Revised series. Computed by the Board of Governors of the Federal Reserve System from weekly data compiled by the Association of American T?ai!roruls. This indexreplaces the one previously compiled by the Board which has been publ ished in the Survey. T h e main diiT<Tenees between the old and the"newly r'-vl-vd index tire: Seasonalad jus tments for each class of freight have been revised for recent years; weights for combining individual clas>es of Ireight to obtain the total index have been changed for theperiod since 1931; and the base has been shifted from 1923-25 to 1935-39.
In comput ing the index, m o n t h l y loadings are derived from the weekly data by prorat ing the figures for overlapping weeks according to the number of working daysfalling in each m o n t h . Da i ly averages lor each class of freight are c< m p u t e d and related to the 1935-39 daily average. Allowance i> made for S u n d a y ^ N"\ \ Year 's D a y ,Washing ton ' s B i r t h d a y ( ; i day ) . Memoria l Day OL> day) , Independence Day, Labor Day , Thanksgiving Day, and r h r i s ' m a ^
T h e seasonal ad jus tment factors have been revised back to 1927 for the miscellaneous group L'.nd to 1931 for ail othi r c u n i o d i t y groups. Jn compuf inu these revised factor^,as well as the seasonal ad jus tment factors lor earlier years for all croups except oie loadings, the ratio-to-freehnnd-curve n i i t hod v /as u.^eei. For the revised factor b i n i nL931 for ore loadings, the usual procedure was modified for April and M a y and for October and X o \ e m b e r . The distortion resulting from tlie very erraric moxenings of iron ore1 in these months is lessened by t reat ing April and May as a single pe-riod lor seasonal adjustment purpoM1*-; and treati im October and Xovembe'r sii l id h f h id h b d d i d h h h i h i d I imaintainiru t he index e
1'i'n 1 U, 1931 [hv rati(jiinary
- i i i o inu-ave'
'nt of IIKHI-
milarlv. Axt s will t>e
g y g p y p jsingle index for each of these periods has bi-en coin put ed and assigned TO each < 1 the two ::u>nth< in the period. Incompu ted for April and October anei these1 will be revised when the suceeedim1 mon th ' s figuies become availa>>lito ob ta in the seasonal ad jus tment factors f'vr ore loading*.
For the period beginning in 1931, weights derived from 1935-39 ie ' \enues by e'oinmoelitie>, published b \ 1 li-- ]nfci>ia;e L'ominer.-e ('< nuii]>^ioi], have' been used in c( in-bluing the indexes for eight classes of freight into the total index, while1 prior to 1931 weights based t.n 1928 revenues were used. Fo' ihe earlifi1 period, the total mde-x waslowered 1 percent to make it cont inuous with, t lie index 101 tucceeeling \ear> based on 1935-39 revenue weights. The 1 wo sets of weighis u>ed aie as lollows. Derived indn 1(,28revenues -grain, 7.1; livestock. 1.5: coal. 21.4; coke, 0.8: lorest products , 5.3; ore'. 2.2; merchandise , i. e. i., 9.7; rnis(eliane'ous, 52.0. 'Derived from H'35 39 revenues- -^rain. 5.o.livestock, 1.8; coal, 21.3; coke, 0.7; forest products , 5.8: < re, 2.4; merchandise , 1. c. 1.. 7.6; miscellaneous, 54.8.
For a detailpd description of the indexes, s(* tin* Federal Reserve RuMeTin lor June 1941, pi) 51S-529. nn«i for J u n e 1937. D P O22 and 5',',-s
SURVEY OF CURRENT BUSINESS S-l
Monthly Business StatisticsThe data here are a continuation of the statistics published in the 1940 Supplement to the SURVEY OF CURRENT BUSINESS.
That volume contains monthly data for the years 1936 to 1939, and monthly averages for earlier years back to 1913 insofar asavailable; it also provides a description of each series and references to sources of monthly figures prior to 1936. Series added orrevised since publication of the 1940 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanyingfootnote indicating where historical data and a descriptive note may be found. The term '•'unadjusted" and "adjusted" used todesignate index numbers refer to adjustment of monthly figures for seasonal variations.
Data subsequent to June for selected series will be found in the Weekly Supplement to the Survey.
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
June
1940 1941
June | July August Sep-tember I October Novem-
berDecem-
berFebru-
ary March April M a y
INCOME PAYMENTS!
Indexes admste.lTot il income jnym^nis .. . 103.". 30•= 100
Salaries an i uaLre-> . . . . . c'o .Total nonauncaitinal income . d'j_
Total . . . . . . . . rail (>i <iolt^li-rios and \\agr«.
Total . . d > .Commodity producing liidu^uie^ o>Distributive indu^tne-* doPCTVlce I'l'lastivd . 'inGovernmenr . . . . doWork-rdief w^e - . do
Dirmt and otliei relief- . . . doSocial-spfuiit j, boneiltc and otbei ] ibor ir-
roiiiu . . . . . . . . . mil. ol ''.'Il)i\ mends and in^e^st . do _Entrepweuruil income .aid net ren's and
ro^altie^. . . . - . . .mil. of iolTotal nonaarjca'lur >l meme . . . do
AGliKXXTi'R \L IN'COME
C : « n inc. ) r n e n o i n f o r m i tu i : l ser*i ;"^C r o p s . . n i l ' m . - t - < k, , o i L b i n < " i k r i e .
L d j U i l l 2 i L J ( H
H i ' '<H I . . ?
. I'M
LnadjuUi. . . .Adji'srrd.
rro])s . . „ . , _Lnestock nn.i products
j)ur> products .Mom animals
INDUSTRIAL PRODUCTION!(Federal Reserve)
Unadjusted:Combined index ._.1935-39-100...
Manufactures do -Durable manufactures do
Iron and steel doLumber and products* do
Furniture*. . . .doLumber* . . - do
Machinery* doNonferrous metals* . doStone, clay, and glass products*...do
Cement - doCommon and face brick* doGlass containers* doPolished plate glass do
Transportation equipment* doAircraft* doAutomobiles. _ doLocomotives* doRailroad cars* . .« - . . doShipbuilding* . do
Nondurable manufactures doAlcoholic beverages* doChemicals * _.. doLeather and products do
Shoes*. - - - - doManufactured food products* do
Dairy products* doMeat packing do
Paper and products* doPaper and pulp* do
Petroleum and coal products* doCoke* doPetroleum refining.. do
Priulirc; and publishing* doRubber product ,* . . . do ._Textiles and products . do
Cotton consumption*.. doRa^on d°ii\erit s* do.^ilkdolivcrio,* doU o >1 textile produr'tioL* . do .
11 b'io io products do
i 1 ->!»'• 0
BUSINESS INDEXES
70. 0til. 5
78.0
82.0
79.0
64.0
121122 I134151 i1161 1 0 I119 i129130 I129 1143 i
11779
131 !371114108 j
U 2120110
8889
116
123
130131116
'13213311911710110813151
i i I1 i l l J 11 7 I 1 " ) <> 1 ' J t i | l l ) S H i n | 1 ) 0 1 2 1 1 ' 1 2 ^ 0 ' 1 2 ? 7 i 1 2 *
l l l l 1 i J i 0 i 1 7 1 1 i s "> i I 2 i » i ' 1 M 1 1 2 1 * | 1 2 7 f* ' b 1 1 ' l i l 7 \U 8
1 1 2 2 J . I I ' M l j > . l i t . i i - 2 I f 7 L J 2 , J 2 t "> I 1 2 " 0 1 2»> 0
' j 1 ) I , _ J > " f j t , ~ 1 ( - J < tf 2 < J ( b H ' 6 , h 7 ' (i 9 S 1 i
4 0 , , J 1 ' i I . " , 4 » i ' V ,
I , '« 1 " ' ( ) h i ' > « ^ J <MM ' I h | " J K * I ] li )M Is " H 7 I S | ^
K\ I ' 0 | I i | i 1 »
' , 0 i 1 7 ' ' l*i- , i »6 0 ! S vi } '» ^ /
i
MJM i s ' , tj ' l v*
« . " | 1 > I
1 2 i 1 L » i J >21 1 ( 1 / 1 7 1 2S O 1 , s > , l , s i , » , i I ^)2> 1 M h i
1 000M2O
t 7>>
1 2 'U-> H I
<JO7 !
n » ; I
75,1)71.057.. 583. 084.088. 065.0
118118127147in !107 |112 |129 i131127 S136 !147 i121 |869639470116 |117 !185 I111112 I1109198120
M65109124123113
r ] :;<;1091031091051091345198112
79. 071.059.081.590. 082.065,0
120120128153123118126135141133 I141 j150 j12493 I
6? I4DO I
124 |130 |202 |114 i8P i112104114131144102 I123 I121 !114
r 13911010211511111413757109110
95. 075. 564.585. 592.088.067. 0
129130144161132 I127 i134 i142 !154 |139 1150 |161 I118 !118 |120 I501 I8 9 ;
137135 I213119 I108 ;116 j102111 j133
r 117112 !124 1120118
'142114108126118 I12013865120118
i 17. 080. 509. 090. 593.594.570.5
1341361551641321331321491671421541541191271675441421521412291211081209810212690127127 I124118
'• 1 4 511411312612612914477129120
96. 579.566.591.599- 591.074.5
135138158 \166 I126 i130 ;
123 |153 !172 i136 !145 |147 I115120184590161163153219121104120
989611680151 I124 |124119
115 !11213513*7
13915187
^0. 573. 098. 599. 5
oi!o85. 0
1341371613 70
116123113
r,,r,b\. 066.5100. 5102.0105. 078.0
138142167172119129115
1 2Vs ' 1 22> ' I 161M o ! i r>7 s»2
sc;. u85.572.0 |98.0104. 096. 089.5
135139162172121133114164172125124125 j
in !1411836241521361722631219312299951157915912312411914911511213714014215479
! 14598
176310100
"no144186672151204178
121104106104"84133
12812015011510914513814415472136108
176181112102
"126"131
199
161222
'• 18230712294123117121104r 92122
r 131133120 I152 !115115151 I143 j
108 !
1. 19M6 174
68. 088.579.597.097.5100. 082.0
143148175181123133118185190125117
'l30~141 I
202 j751 I160 I
335126100128
128107
' 105122
r 13613711915411412115514715615074
74. U\)Z. 0
77. 5107. 6108. 5114.582. 5
J42150
r 1 75
17!
13013;i128
142I :-,9
142190
{39266
129I OS134
r 1 IS123
r 112r 1341 1 9 i
r 137' 140121
r 133119
- 124157150160
'128.0M37. 5129. 2
»• 6, 835
r 4. 892'2,1151. 049
92569211195
153453
1,242r 6, 283
83. 5' 96. 5' 82. 0' 110.0r 108. 5r 118.5r 83. 5
152157185172134! 12I :w2OH196161
2802183791341201331211231201S2132
145r 126
14 S122
164HIS
165121
v Preliminary,l-oi tt-\ ;M d data <>n m e
no!' m,ii \ t d w itli a "
iua 19^9, see table 21. pj>. 16 to 18 ol'Hie ,hi!>- 1941 Survey. For industrial production series, see nufe marked
S-2 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey July
19 40 1941
Sep-tember
Novem-ber
Decem-ber
Janu-ary
Febru-ary March I April Mav
BUSINESS INDEXES—Continued
INDUSTRIAL PRODUCTION!— COR.
Unadjusted—Continued.Minerals 1935-39 = 100.
Fuels* do . _An thra cite „ do. _ _Bituminous coal do. . _Crude petroleum - do
Metals* . do . . .Copper* do . . .Load d o _ _ _Zinc . . _ • do _.
Adjusted:Combined index d o . . .
Manufactures - -do. _ _Durable manufactures - do...-
Iron and steel_-. do . . .Lumber and products* do. _.
Furniture* do. _.Lumber* do _. .
Machinery* do . . .Nonferrous metals* do._.Stone, clay, and glass products*._.do._.
Cement do . . .Common and face brick*... d o . . .Glass containers * do _ _.Polished plate glass do . . .
Transportation equipment* do._.Aircraft* do. _.Automobiles do . . .Locomotives* do . . .Railroad cars* do. , .Shipbuilding* do. . .
Nendurable manufactures do. . .Alcoholic beverages* , do. , .Chemicals* do. . .Leather and products do. . .
Shoes* do.. .Manufactured food products* do.. .
Dairy 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. .Rubber product?* do . .Textiles ana products do . .
Cotton consumption*. do._Rayon deliveries* __-.do._Silk deliveries* do__Wool textile production* do . .
Tobacco products do. _Minerals _ „ _ __-,--. d o. .
Fuels* do. .Anthracite do_.Bituminous coal do. .Crude petroleum do. .
Metals* do. .Copper* do._Lead do_.Zinc -do_.
MANUFACTURERS' ORDERS, SHIP-MENTS, AND INVENTORIES*
New orders, total . . - .Jan. 1939 = 100..Durable goods do j
Electrical inachinery doIron and steel and their products doOther machinery. doOther durable goods do
Nondurable goods..- doShipments, total do
Durable goods doAutomobiles and equipment do.. . .Electrical machinery doIron and steel and thoir products doTransportation equipment (except auto-
mobiles) Jan. 1939= 100. _Other machinery doOther durable goods do
Nondurable goods. doChemicals and allied products doFood and kindred products doPaper and all ied products do jPetroleum refining do <Rubber product? ..... do jTextile-mill products do jOther nondurable goods .. do '
- H".• 129
132• l i t
156
122
162
]03• 11
133
1211541H
in
47}2i'4
1.")!*' 242
M123
118111
r 107100116161140116116
12112213115411111311012813011211311811180122364106102111170114113116001011151111261321321151321121201171071141445689115
r J 1 ()
116
' 116
116
116
134143117118
133157168161l."91441 LS126140107153152
180157
in I121 !1.14 |142 |112 I159 j
103
121111
' 104106114179133112121
1211211321561071151041331381151101171171001113948711311918911210811794101110
r 11-}llf)130130112139108114109113121137
- 101103120117
r 133121114139150120129
127159190151154162107117127
137
117109r 85111111164135114118
1221351581141151131381461191151291141141074557612312721311291115
101114
' Hi)119124123113
r 14(110911011511312412761
106106
r 114112
' 115121108124144117125
13016320814016717910S12412941143163
1881471321091101081351031220307
211149147119llf113129103130113147
124- 116r 103 I124114171136112127
1251271461041211211211451531241251311161181385171091401482201121031149599
no-11512112011811644311210812411612012065123108116
<• 1 1 5
•• 1 0 8
119114127132108131
1642 ,H
228199212
133145 !158 |100 j
Ij244 !165171134
131 !1 3 7 I111 i1 4 7 i1 3 6 !1 4 7 I
122112r 99110114184146117131
129132
- 151K-512312212414616412613312611511115754413016014822711610311697
100118122127122121116
r 14511210912612312612971132llf.113109
98115137140119131
172
25321123J269131146167148159175 j
284 I162 |173 j128 I129 |122 '133 I107 !163 I142 :132 !
119 IT 98128111147147114135
13313515416612712512815316913014013511411316258413316816622612096118107112117117133125124118
r 147114110132134135146
•'• 1 4 ( 1
113118113•- 97112115148141107134
171237258214209292129148172158178176
170172
130 !120 |134 |
141 i130 ;
116 i- 1 1 5 i127111102146118139
139142165181132128133163177140155147119117168624134174177261124101121108113121125134130131120
'148116112144
r 13914515674
r 140114119113
'• 108
115113151142112135
294216267282120152184 !161200195
336193167123124112 !146 j107 |169 I143 j123 j
1131171141301119)145116140
140* 144170174137132139173181154181
123137188686149204209291122105123107110117
r 131J141291291211481171111411341381576913411311811498117114144148116137
176246257250238231132148175155181190
268181163124142114142110158140114
11511811213411298155116144
141145172168135129139176
' 184158183
131138199726159217189316123108123108112120
r 12712612812812114811711415313514215067136116118113102114113151152116142
189277303295277237132159189165
! 2051 198
325202176133146120148110171154134
11612110514311490151116147
143146170168128132125181186150156
139135188751144239168322127104123114115121
r 125134132
' 13312315011811615514414715871
r 152117125121102149112148148118140
194285296304267263136165198165209210
370217183136144123152114174157
I 14(
142164803110279173339131107130114
123135126134136121133120
' 118158155150171
'• 74105120
28S304
24714417220")155231
142
127' 138
S8126
• IIS- ls l
159
' 150r 154
r 132r 151
r 202191141134
114r 134' 124
r 134132141145
122
162
119" 126
' 114- 154
161120150
443• 235
206' 146
" !34r 211T 160
• Revised*f Revised seri •s. Eevised indexes of industrial production fo
of the August 1940 Survey, except for subsequent 1939 revisions for aircraft on p. 19 of the December 1940 Survey, and for rayon deliveries, total manufactures (unadjusted),and durable manufactures (unadjusted) on p. 20 of the March 1941 Survey; a few minor revisions in 1939 data for transportation equipment, alcoholic beverages, dairy products,textiles and products, minerals, and crude petroleum are available upon request.
•New series For industrial production series, see note marked with <%f". For indexes of manufacturers' orders and shipments beginning January 1939, see monthlySurveys beginning with the September 1940 issue (description of data and figures for January-June 1939 are available on pp. 7-13 of that issue except for revisions given iiinote marked with an "*" on p. 20 of the November 1940 Survey),.
August 1941 SURVEY OF CURRENT BUSINESS S-3
Monthly statistics through December 1939. to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
June
1940
June July August t eS X r October Novem-
berDecem-
ber
1941
Janu-ary
Febru-ary March April May
BUSINESS INDEXES—Continued
M A N U F A C T U R E R S ' O R D E R S , S H I P - IM E N T S , A N D INVENTORIES*—Con. \
Inventories, total Dec. 31, 1938=100..] "128.3Durable goods do j "139. 3
Automobiles and equ ipment . _._do j *>141.8Electrical machinery do |Iron and steel and their products do | *12C. 0Transportat ion equipment (except auto- j
mobiles) Dec. 31, 1938=100.. | *40S. 3Other machinery do I "141. 6Other durable goods do j ^111. 5
Nondurable goods do I z-llfi.fiChemicals and allied products do : ''115.2Food and kindred products do ! "118. 3Paper and allied products do I ''Hi), f)Petroleum refining. do I >>101. 2Rubber products do \ >144. 9Textile-mill products do j "132.0Other nondurable goods do ] ^108. 0
109.2111.986.6
115.6119.1
185.2110.8105.7106. 4111.7100. 6104. 598.3
120. 5118.5104.1
1
110.9115.4112.3115.5120.1
194.7110.7104.5106. 0112.4101.7107. 198. 3
124.0114.9100.8
112. 2118.4128.7116.7121.1
114.121.130.122123!
42618
207.8111.2104.1105. 5110.799. 8
108. 499. 0
125. 5115.0100. 3
228. 8114.8104.9107.1110.1101.0110.398.7
124.6119. 9103. 2
116.5124.1130.7126. 8126. 9
251. 9117. 6105. 9108. 5110.5104.6110.797.7
124.4121.4104.2
119.3127.9134.7
' 133.5129.4
271.1122.1108.3110.1114.1107.0112.898.5
126.6119.0106. 7
120.8129.7134.3140. 4128. 5
297.1125.6110.2111.2114.2105.8111.898.4
131.4119.7111.7
121.1130.7135.6148.2127.0
318.9128.2108.5110.8114.8103.9112.098.4
135.1121.5110.0
122.1131.8138.9157.1124.0
341.8129.9109.3111.8115.0105.1112.598.4
140.6125.1108.6
123.6134. 1144. 3164. 0123. 3
356. 8134.2110.0112. 2115.8107. 9111. 399. 3
142.4125. 8105. 8
COMMODITY PRICES
r 126.3r 137.4r 144. 1r 174.7
125.6
' 381. 2r 138. 2r 110.6' 114.4T 115.5r 114.2r 109.5
r 99. 8r 144. 1T 128. 5r 106. 7
COST OF LIVING
National Industrial Conference Board:Combined indexf 1923=100
Clothing do.._Foodt do. . .Fuel and light do_.._Housing do. . .Sundries do... _
S. Department of Labor:Combined index* 1935-39=100
Clothing* do. . .Foodt do._.Fuel, electricity, and ice*._ do.. .Houscfurnishings* doRent* .do. . .Miscellaneous* do. . .
U
PRICES RECEIVED BY FARMERS!XJ. 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.. .
RETAIL PRICESU. S. Department of Labor indexes:
Anthracite 1923-25=1CO__Bituminous eoal^ doFood (see under cost of living above).
Fairchild's index:Combined index Dec. 31,1930=100
Apparel:Infants' doMen's ..doWomen's „ do
Home furnishings . . . .doPiece goods do
88. 573. 685.28688. 298. 6
104.6103. 3105.101.4105. 3105.8103. 3
118118107126
11414698
82.490. 5
97. 7
98. 190. 195. 3
100. 491.3
85.573.179. 184. 286.897.0
100.5101.798.398
100. 1104.6100.6
958181
10410483
102112100
78.685. 5
92.9
97.089.192.094.586.0
85.773. 178.484.586.898.2
85.73.77.84'86.98.
404891
85.73.78.85.87.98.
712301
958880
1058978
no9898
92.9
96.989. 192.194.686.0
969077
1097976
110107107
92.9
97.089.192.294. 686.0
WHOLESALE PRICES
XJ. S. Department of Labor indexes:Combined index <813quotations»)._1926=100. 87.1 77.5 77.7 77,4 78.0 78.7 79.6 80.0 80.8 80.6 81.5 83.2 84.9
Economic classes:Finished products d o . . . 88.6 80.5 80.9 81.0 81.5 82.1 82.6 82.8 83.5 83.5 84.2 85.5 87.1Raw materials do._. 83.6 70.7 707 69.8 70.5 71.4 72.6 73.6 74.6 74.0 75.3 77.5 79.7Semimanufactures ___.do 87.6 779 778 77 0 77 6 79.4 80.7 80.7 81.3 81.6 83.4 85.1 86.4
Farm products do 82.1 66 2 66.5 65.6 66.2 66.4 68.2 69.7 71.6 70.3 71.6 74.4 76.4Grains d o . . . 75.9 64 4 60 8 59 3 61.7 65.4 67.7 67.0 67.6 64.5 67.8 70.9 74.5Livestock and poul t ry . . . do 93.0 64.7 69.8 71.5 72.4 70.6 69.9 72.7 83.0 82.4 82.5 86.2 88.0
Commodities other than farm products*1926=1OO__.. 88.0 79.8 80 0 79 9 80.4 81.3 81.9 82.1 82.7 82.7 83.6 85.0 86.6
Foods do . 83.1 703 70 3 70 1 715 71.1 72.5 73.5 73.7 73.5 75.2 77.9 79.5Dairy products do 84.3 722 73 7 713 75 1 77.3 82.3 84.2 80.2 79.7 80.3 81.0 81.6Fruits and vegetables do 73.0 739 69 0 63.2 60.8 58.9 60.4 61.2 59.6 59.4 60.7 63.8 64.0Meats do 90.8 70.7 72.9 76.1 79.0 75.6 70.2 77.0 83.2 83.6 83.7 85.6 87.2
Commodities other than farm products and jfoods 1926 = 100 88.6 82 2 82 3 82.0 82.3 1 83.5 84.1 84.1 84.3 84.4 84.9 85.9 87.4
Building matera l s . . d o . . . 101.0 92.4 92.5 93.3 95.6 1 97.8 98.9 99.3 99.6 99.3 r 99.5 100.1 100.4Brick and tile do 92.5 90 2 90 1 90.1 90.2 | 90.2 90.2 91.1 91.3 91.4 91.5 91.7 91.9Cement t - d o . . 91.9 90 6 90.6 90.6 90.6 j 90.7 90.8 90 9 90.8 90.8 90.8 91.0 91.5Lumbert. -- do . 117.6 94 8 94 8 98 4 107.1 114.4 117.5 118.8 118.4 117.2 116.7 116.7 116.8
Chemicals and allied products! . . . d o 83.8 76 1 77 0 76.7 76.8 1 76.9 77.5 77.7 78.6 78.5 79.8 81.8 83.6Chemicalst do. . . . ! 87.2 85.1 84.9 84.8 84.8! 85.0 85.1 85.4 85.6 85.7 85.9 86.4 86.8Drugs and pharmaceuticalsf.... do. . . | 99.9 82.2 95.9 9H. 2 96.0 95.8 95.9 96.2 96.5 96.9 97.2 97.5 98.7Fertilizer materials! . .do ' 69.9 67.4 1 67.3 68.0 68. 1 ! 68.1 69.9 70.0 70.7 70 .4! 70.4 71.0 71.1
rRevised. »Preliminary. ©Number of quotations increased to 887 in recent months. tFor monthly data beginning 1933, see p . 18 of the April 1940 Survey.§Data for July 15,1941: Total, 125; chickens and eggs, 127; cotton and cottonseed. 121; dairy products, 132; fruits, 93; grains, 98; meat animals, 154; truck crops, 130; miscel-
laneous, 107.^Covers 37 cities in June, September, and October, 36 in November, and 35 beginning in December.f Revised series. National Industrial Conference Board'? index of cost of living and food component and index of wholesale prices of lumber revised beginning 1935,see
tables 5 and 7. respectively, p . 18 of the January 1941 Survey. For the Department of Labor's revised index of retail food prices beginning 1913, see table 51, p . 18 of the Novem-ber 1940 Survey. Data for chemicals and allied products and subgroups revised beginning 1926; see table 32, p. 18 of the August 1940 Survey.
"New series. For Department of Labor's index of prices of commodities other than farm products beginning 1913, see table 36, p 18 of the September 1940 Survey. Forindexes of manufacturers' inventories beginning January 1939. see monthly Surveys beginning with the September 1940 issue (description of data and figures for January-June1939 are available on pp. 7-13 of that issue except for revisions aiven in note marked with an " * " on p . 21 of the November 1940 Survey). Earlier data for the Depar tmentof Labor's cost of living series appear in table 19, p . 18 of the May 1941 Survey,
• 1 0 2 7 9 8 — 4 1 - 4
100.4101.697.299.3
100.3104. 7101.4
9710476in7377
11411495
81.286.9
93.2
97.389.191. 895'. 086.7
85.573.177.485.987.498.1
100.2101. 696.299.9
100.4104.7101.6
9911278
1167980
11299
100
81.789.0
93.5
97.389.392.195.386.7
85.573.177.286.387. 598.1
100.1101.695. 9
100.3100.6104.7101.7
9912079
1217183
1129890
82.390.0
93.7
97.789.391.695.686.8
79.6
82.672.680.768.267.769.9
81.972.582.360.470.2
84.198.990.290.8
117.577.585.195. 969.9
85.973.078.386.587.598.1
100.7101.697.3
100.7100.4104.9101.8
10112279
1287581
11193
102
82. 590.2
93.9
97.689.392.595.787.0
80.0
82.873.680.769.767.072.7
82.173. 584.261.277.0
84.199.391.190.9
118.877.785.496.270.0
86.073.078.786. 487.698.1
100. 8100. 797.8
100.8100.1105.0101.9
10410080
1217884
130117104
83.090.3
94.2
97.689.393.095.887.3
80.8
83. 574.681.371.667.683. 0
82.773.780.259.683.2
84.399.691.390.8
118.478.685. 696. 570.7
86.173.178.886.487.798.2
100.8100. 497.9
100. 6100.4105.1101.9
1039080118808113015693
83.090.3
94.5
97 689^393.396.087.6
86.373.279.286.487.798.3
101.2102.198.4
100. 7101.6105.1101.9
1039082
1188384
12913491
83.090.3
94.8
97.689.493.696.587.8
81.5
84.275.383.471.667.882.5
83.675.280.360.783.7
84.999. 591.590.8
116.779.885.997.270.4
86. 973. 381.086. 487. 898. 3
102. 2102.3100. 6100.9102. 2105. 4102.2
11010488
1218990
13716194
83. 090. 1
95.5
97.689. 593. 997. 788.8
83. 2
85. 577. 585. 174.470. 986. 2
85. 077.981.063. 885.6
85. 9100. 191.791.0
116. 781.886. 497. 571.0
87.473. 682.286. 488.098. 5
102. 9102. 7102. 1101. 0102. 9105. 8102. 5
11210798124899313814693
82.890. 1
96. 3
97. 789. 794. 398. 989. 6
S-4 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1940
June JulySep-
tember OctoberNovem- | Decem-
ber I ber
1941
Janu-ary
Febru-ary
March ! April I May
COMMODITY PRICES—Continued
WHOLESALE PRICES—Continued
U.S. Department of Labor indexes—Con.Commodities other than farm products and
foods—ContinuedFuel and lighting materials 1926=100...
Electricity doGas doPetroleum products do
Hides and leather products -doHides and skins doLeather doShoes do
House-furnishing goods doFurnishings doFurniture. do
Metals and metal products doIron and steel doMetaIs, nonferrous doPlumbing and heating equipment.-do
Textile products doClothing doCotton goods doHosiery and underwear doRayon* doSilk* do....Woolen and worsted goods ..do
Miscellaneous doAutomobile tires and tubes doPaper and pulp do
Wholesale prices, actual. (See under respectivecommodities.)
PURCHASING POWER OF THEDOLLAR
Wholesale prices__. 1923-25=100.Retail food pricesf _._do_._Prices received by farmers . doCost of livingf. - d o . . .
59. 9107. S112.4
97. 9113.7m. i99. 057. 0
9!'. ")Hi'.hS3. 184. 59 1 . r.94. f,6 1 . 929. 55 L 294.1)SO. ()58. S95. (I
119. 5124.5114.9
71.474.287.450.099.281.992.4
107.988.594.981.794.794.381.280.572.685.368.461.629.546.183.777.358.291.7
129.9128.7154. 8118.9
71.173.388.249.599.084.091.4
107. 088.594.881.895.194.680.880.572.485.368.861.529.543.383.977.758.893.5
129.6129. 9154.8118.6
71.172. 484.549.296. 977. 188. 3
107.08S.594.881. S94.994.879. 180.572.385.668.661.529.543.083.776.75S.893.5
71.073. 584.848.998.384.088.9
107.088.594.881.895.494.980.780.572.585.669.261.429.542.884.276.558.893.2
130.131.153.
141
119.0
129130.151.118
x
256
71.671.682.449.0
100.4 |93.8 I
0.97.0R.65.01.87.34.93.60.53.65.71.5i l . 49.5
44.786.376.958.893.2
128.0131.6148.6118.9
90.107.
90
8K.61
95.81.97.94.83.80.73.85.71.61.
0839656754
71.973.380.549.3
102.3 |101.2
93. 2107.188.695.081.897.695.383.980.574.585.773.661.529.542.888.877.558.693.1
125.6131.9148.6118.9
71.773.478.249.5
102. 399.394.1
107. 288.995.182.297.695.483.480.574.885.574.960.729.542.589.077.358.393.1
125.9130.0145. 6118. 3
( i. 0
50.0102.499.194 4
107.489.095.282. 697.795.783,680.575.286.675.859.929. 542.589.277.158.293.1
124.7129.4141.4118.2
72.172.5 j77. 6 |50.0
101.694.894. 5
107. 489.195.382.697.695.584.082.276.487.277.560.329.543. 391.276.958 293.3
125.0129.2142.7118.1
72.070. 077.049.9102.699.194.8107. 489 595*. 882.997.795. 784.382.878. 487.781.160.429.547.793.277.658.493.5
123.6128.5142.7117.8
72. 9
78. 151. 9103.9104. 795. 6107.8 I90 4 I97. 1 !83. 4 !97. 995 984. 383. M81.0Xs, 786. 8
29 5 i4 8 ^ i
7s!o |58. S94. 5
121.0125.8133. 7117.1
CONSTRUCTION AND REAL ESTATE
CONTRACT AWARDS, PERMITS, ANDDWELLING UNITS PROVIDED
Value of contracts awarded (F. R. indexes):Total, unadjusted 1923-25=100-.
Residential, unadjusted doTotal, adjusted I ..do
Residential adjusted doF. W. Dodge Corporation (37 States):
Total projects number..TotaJ valuation thous. of dol._
Public ownership doPrivate ownership do
Nonresidential buildings:Projects number-.Floor area___ thous. of sq. ft..Valuation thous. of dol...
Residential buildings, all types:Projects number,.Floor area___ thous. of sq. ft_-Valuation. thous. of dol - -
Public works:Projects . number..Valuation thous. of dol..
Utilities:Projects number. .Valuation. thous. of dol..
Families provided for and indicated expendi-tures for building construction (based onbid?, permits). U. S. Dept. of Labor indexes:
Number of families provided for. .-1929=100...Indicated expenditures for:
Total building construction doNew residential buildings doNew nonresidential buildings doAdditions, alterations, and repairs, do
Estimated number of new dwelling units pro-vided in all urban areas (U. S. Dept. ofLabor) :t
Total number..1-fa mily dwellings do2-family dwellings doMultifamily dwellings do
Engineering construction:Contract awards (E. N. R.)§_.-thous. of doL.
HIGHWAY CONSTRUCTION
Concrete pavement contract awards:Totalt thous. sq. yd__
Airports* do_Roads doStreets and alleys do.
/' 130/' 105,, 132v 96
46.950539, 10()302,000237. !00
0. 2623!,898
200, 450
52, 09S205. 634
40033.385
112.0
54. 980. 719.769. 2
589.221
1. 786
767469
26, 679324, 726147,316177,410
4,07818. 02891, 995
20. 58433, 537
135, 274
1,78974, 433
22823, 024
63.0
46.745.231.069. 1
29,86124, 147
2, 1273, 587
9378So
28, 466398, 673204, 5-oS194, 105
31.512 31,671414.941 347,651195,293 j 143,996219,648 203,655
4, 13023.413 23,654
138,954 119,189
22, 387
140', 430
1, 08685, 681
20333, 60S
79.5
56. 056. 439. 765.8
30,03129, 093
5, 13523, 431
101,295
24. 277 24. 75838,987 41,630152, 988 152, 372
1,33950, 898
3, 0034, 535
252,763 j 347,852
119,358
35123, 406
SO. 4
55. 555. 540. 960. 4
36, 91S
43934, 086
86.2
51.460.528.060. 5
38, 481901
3, 9734.271 j 0,547
I397,253 I 308,252
6, 756468
4, 5751, 713
5, 478251
3, 4061.821
868[,049I 3GS
5, 7881,0453,17ii1, 574
90829585
34, 084383, 069174, 506208, 563
7,28434, 028
136, 405
24. 88840, 778
148, 469
1, 4S273, 220
43024, 975
98.0
77.768.569.857.0
- 43,09930, 104
3, 475r 9, 4C0
702, 842
6,882922
3, 6732, 287
998311187
31,528380, 347194. 591185, 756
6,14433, 890
148, 367
24, 00942, 151
152, 838
92151, 430
45427, 712
67.4
60.847.460.343.5
31,12623,2112, 3755, 540
382, 724
5. 0501,1952,1971,658
937711590
34, 959456, 189257,693198, 496
8,74642, 129182, 618
24,17648, 183159,275
76173,447
47640,849
66.2
63.445.667.440.2
29, 20221, 2052, 0736, 864
398, 704
4,496644
2,2621,580
847010384
21. 462305, 205111.124194, 081
3,43823,918
118, 757
16, 93628, 450111,300
81259, 022
27615, 520
63. 7
41.843.827. 543.7
26, 72718, 3981,9176,412
584, 549
4. 967832
2,8141,321
86689976
25,001270, 373
90, 425173, 948
4,12019,71890, 058
19.74629.322
116, 459
72542, 242
41021, 614
63.4
39.943.624.443.8
27. 48020,5122.4294, 539
424, 269
2,083 I227 j819 !
1,037 |
80. 1
10fi! 4110.396.9
110. 191.498. 084. 398.196.184.483.083.090.991.061.329.549.194.179.658.896.7
118.6123.9131.2116.4
32,479,226,253,
5,29,
201,
25,35,147
84
45
352725
452
3111
94789474
304903392511
668451458
325801859
975592
336994
54.0
17.159.822.454.5
097103760364
430
567029531007
1179310380
H6, 3S0400,675108.817237, 858
5, 23331,509143.304
29, 49941,978100,462
1, 28371,426
36525, 4S3
116.3
65. 382 23-1102,5
381,503
5, 0421.3582, 0871,596
r
r
48.548,254,293,
104101r 88
531700836864
8. 44644, 596
202, 492
38,54,
201.
1,96,
48,
093571,274
5 9, 501
403, 433
106.0
60. 6' 74.8
30. 967. 8
409, 371
7,7822. 8043. 4251,553
r Revised. v Preliminary. §Data for August and October 1940 and January and May 1941 are for 5 weeks; other months, 4 weeks.*New series. For indexes of rayon and silk prices beginning 1926, st>e table 2", p. 18 of the May 1940 Survey Earlier data for concrete pavement contract awards for
airports and for the total revised to include airports will appear in a subsequent issue.f Revised series. Indicated series on "Purchasing power of the dollar" revised beginning January 1935; see table 4, p. 18 of the January 1941 Survey. For revision in total
concrete pavement awards see note marked with an " * " . Revised data on dwelling units for 1939 are shown in table 18, p. 17 of the May 1941 Survey. Estimates beginningJanuary 1940 cover urban areas as denned by results of the 1940 Census; revised data for earlier months of 1940 are available on p. 22 of the June 1941 Survey except for re-visions in April figures as follows: all types, 38,324; inulti family, 7.013
August 1941 SURVEY OF CURRENT BUSINESS
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941 1940
June August Sep-tember October Novem-
berDecem-
ber
1941
May
CONSTRUCTION AND REAL ESTATE—Continued
HIGHWAY CONSTRUCTION—Continued
Status of highway and Grade crossing projectsadministered by Public Roads Adran.:
Highways:Approved for construction:
Mileage no. of m iles.Federal funds thous. of dol...
Under construction:Mileage... no. of miles..Federal funds thous. of dol...Estimated cost do I
Grade crossings: jApproved for construction: j
Federal funds do_Estimated cost do.
Under construction:Federal funds do.Estimated cost do_
CONSTRUCTION COST INDEXES
Aberthaw (industrial building) 1914=100..American Appraisal Co.:t
Average, 30 cities 1913 = 100..A tlanta doNew York doSan Francisco doSt. Louis do
Associated General Contractors (all types)1913=100...
E. H. Boeckh and Associates, Inc.:§Apartments, hotels, and office buildings:
Brick and concrete:Atlanta U. S. av.. 1926-29=100..New York doSan Francisco doSt. Louis do
Commerical and factory buildings:Brick and concrete:
Atlanta doNew York doSan Francisco doSt. Louis do
Brick and steel:Atlanta doNew York doSan Francisco doSt. Louis do
Residences:Brick:
Atlanta doNew York doSan Francisco doSt. Louis do
Frame:Atlanta doNew York -doSan Francisco.-.. doSt. Louis do
Engineering News Record (all types) §1913 = 100..
Federal Home Loan Bank Board:Standard 6-room frame house:
Combined index 1936=100-.Materials.. doLabor do
REAL ESTATE
Federal Ilousing Administration, home mort-gage insurance:
Gross mortgages accepted for insurance!thous. of doL.
Premium-paying mortgages (cumulative)thous. of dol._
Estimated new mortgage loans by all savingsand loan associations, total... thous. of dol._
Classified according to purpose:Mortgage loans on homes:
Construction doHome purchase doRefinan ci ng doRepairs and reconditioning do
Loans for all other purposes doClassified according to type of association:
Federal tnous. of dol -.State members - .doNonmembers do
Loans outstanding of agencies under the FederalHome Loan Bank Board:
Federal Savings and Loan Ass'ns, estimatedmortgages outstanding thous. of dol..
Fed. Home Loan Bks., outstanding advancesto member institutions thous. of dol._
Home Owners' Loan Corporation, balance ofloans outstanding thous. of dol_.
Foreclosures:Nonfarm real estate 1926=100..Metropolitan communities do
Fire losses . thous. of doL.
37,39. •
215214231197219
99. 2134.9119.3120.3
101.3136. 9122. 7120.8
100. 3134. 3121.9121.5
94. 6133. 6115.0116.8
92. 1334. 2110.4115.5
258. 2
110. 9112.0125. 7
100, 214
3,108,723
133,640
44, 20755, 99317,8915, 6339,916
57, 54254, 85721,241
1,688,297
169,897
1,870,305
8980
24, 943
4,73150, 724
8, 915121,248242,425
10,11911,094
37,01338, 239
193
202191220184208
188
96.5132.1114.5118. 8
98.2135. 5117.8120. 3
96.9131.1113.1118.9
88.8125.4104. 3110.1
86.1123.698.6106.9
242.2
106.2104.4109.7
84, 357
2,288,348
106, 984
35,52338,40217,1475,69110, 221
47,43542, 21417,335
1,405,100
157,397
2,012,760
116108
19, 506
4, 034 3,902 I43, 925
9,612126,761253, 523
9, 65210,596
37, 68239,010
202192220184209
188
96.6132.3114.9118.8
98.2135. 5118. 2120.3
96.8131. 2114.0118.9
88.5124.4104.4110.1
85.7122.398.8106. 9
242.2
106.0104.3109.5
88,074
2,348,663
114,301
39, 90740,65817,6496, 1159,972
48,67645,41420,211
1,432,100
162, 222
2,004,737
111108
20,323
41,210
9, 439128,737257, 567
9, 49610,198
38, 32339,674
202192220184209
189
96.8132.6115.1119. 0
98.4135. 7118. 3120. 4
97.1131.7114. 3119.2
89.6126.1105.8111.2
87.2124. 5100.8108. 3
244.1
106.2104.4109.7
89,379
2,411,632
117,622
42,48840,56717, 7626,07910, 726
50,30546, 80720,510
1,461,867
168,402
1,996,443
108105
20, 722
3, 5783/, 242
9, 390131,014264, 589
9, 77910, 214
35, 97537, 543
194
206195225190212
189
97.3132.8115.3119.4
98.7135.8118.4120.6
97.8131.9114.6119.7
92.3127. 2107. 0113.3
90.6125.9102. 2111.0
245.0
107. 0105. 0111.0
84,689
2,479,964
111, 775
39,41740, 94715,4836, 2839,645
40,48045. 98819, 307
1,487,974
176,017
1,987,611
111106
21,198
3, 03032, 356
8, 906127,250256,691
9,4739, 855
35, 83137, 226
208198227191214
191
98.0132.9115. 5120. 2
99.1135. 8118.6120.7
98.7132. 2114. 8120. 5
96.2127. 8107. 8117.6
95.6126. 7103.1116. 6
247.2
108.7106. 5113.3
92, 083
2,559,984
114,400
41,61040,77116, 8405. 7589,423
48, 30746, 22419,869
1,515,392
181,526
1,980,704
111106
22, 091
2, 89233, 555
8,236121,566244, 464
9, 0819,307
34, 81336, 352
208198228191214
192
98.0132.9115.5120.2
99.1135.9118.6120.7
98.7132. 3114.8120. 5
96.2128.2107.9117.6
95.6127.2103. 3116.6
249.1
110.6107.8116.3
66, 754
2,628,851
94, 567
32, 58433, 87514,4414, 8698,798
38,89640,14315,528
1,533,246
185,547
1,968,816
10394
23, 449
2,92635, 949
7,536113.922228, 840
10,12310, 781
32, 48334, 001
195
212202230194217
193
98.3133. 5116.1120. 5
99.3136.3119.0121.0
99.0132.9115.5120. 9
96.7130.2109. 9118.4
96.2129.7105 8117.5
249.7
112. 5109.1119.2
56, 878
,706,353
88, 553
30, 03231, 40514, 5754,2488, 233
37, 71536. 72914.109
1,546,270
201, 492
1,956,268
9994
28,617
3, 04736, 845
7.315113, 671227, 763
10. 57311.065
32,07233, 592
212208231194216
193
98. 7133 8llfi.O120. 8
99.6136.5119.6121. 2
99.4133.2117.2121.1
97.7130.7112.5118.6
130 i109.1117.7
113.6109. 9121. 3
54, 728
2,785,138
80,440
26, 66227, 80913,6453,7848,540
34,36033,94712,133
1,564,168
170. 849
1,942,427
9690
26, 470
3,10036, 477
7.413115,932232, 054
10,33110, 719
33. 22634, 715
212209231194216
193
98.7133. 8110.9120.8
99. 6136. 5119. 6121. 2
99 A-133. 2117.2121.1
97.7130.7112.5118. 6
97. 5i;;o. 3J'H). 1117. 7
114.6.111.0121. 9
52,116
2,846,467
82, 330
26, 48330, 28314, 2043. 5737. 787
35, 64535, 30111,334
1,578,543
156, 899
1,929,346
8783
26. 102
3, 32239,100
7,773121,029241,877
10, 06011,632
35, 29236, 768
197
212209231194216
98. 5133. 9119.3120. 6
99.7136.6122.8121.2
99. 2133. 4121.2121.6
96.3131.3114.3116.2
95.2131.0110.5114.7
252. 4
114.9111.3122. 2
75, 516
2,908,104
105,162
33, 25041, 78416, 9034, 7658. 460
45, 36543, 94715,850
1,600,482
145, 959
3, 02142, 405
8, 334126,387246, liy
13, 00013, 535
37, 64839, 300
2132! 3230190216
99. 8134.0119Ji121.0
101.7136. 0123. 0121.3
100. 8133.7122. 1122. 1
95. 6132. 1114.5118.0
93. 7131.9110.9117.0
255. 0
315.6112.0122.9
92, 401-
2,968,407
120,631
3, 76542, 755
8 777134', 641261,530
36,75317,812
37, 3K438, 972
21")211231
134.0119. 9121. 1
101. 7130. 0123. 2121.4
100. 7133. 7122. 3122.2
95. 2132. 1114.6117.8
93. 1331.9111. 0110.0
256. 8
110.0112. 1123.9
119. 566
3 033,684
130, 953
IS4810010
51")018
680.'•'. 1 1
'.Hi 5;-;os30!
371'.,'50304
;vi,18.5,
1()',
5554,21.'
97"7M150(93(761
3<)f495062
1,628,42! 1,057,647
141, S 28 145, 273
1,913,862 1,899,85*1 11,885,08'
100 j 90 ! 9592 I 90 I 84
31,471 i 29.330 ! 25,037I
Dnth are shown as of the end of the preceding month. The Engineer-
S-6 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939. to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
June June I July August i Octoberj Novem- ] Decem-ber i ber
ADVERTISING |
Printers' Ink indexes, adjusted: !Combined index.. 1928-32=100._|
Farm papers do..Magazines do..Newspapers do_.Outdoor do_.Radio § do..
Radio advertising: jCost of facilities, total thous. of doL.j
Automobiles and accessories do !Clothing do IElectric household equipment do IFinancial do jFoods, food beverages, confections^--do jHouse furnishings, etc do iSoap, cleansers, etc do |Office furnishings and supplies do jSmoking materials do._._ jToilet goods, medical supplies do IAll other . do |
Magazine advertising: |Cost, total d o . . . . |
Automobiles and accessories do jClothing do |Electric household equipment do jFinancial do jFoods, food beverages, confections do jHouse furnishings, etc do iSoap, cleansers, etc do jOffice furnishings and supplies do jSmoking materials doToilet goods, medical supplies do iAll other do I
Linage, total thous. of lines.Newspaper advertising:
Linage, total (52 cities) do . . .Classified do ._Display, total do. _ _
Automotive do.._Financial do - _.General do . . .Retail do . . .
, 127004
41
1,2902, 4r>l
X03(.12
so:-)397
ins, 132'24. 29484, 138
4,91*1,0; 14
10 30201, 193
I, 821\ 001
:. 516
GOODS IN W A R E H O U S E S
Space occupied in public-merchandise ware-houses percent of totaL-
NEW INCORPORATIONS
Business incorporations (4 States) number..
POSTAL BUSINESS
Air mail: Pound-mile performance...millions..Money orders:
Domestic, issued (50 cities):Number thousands. _Value thous. of dol._
Domestic, paid (50 cities):Number thousands,.Value thous. of doL.
Foreign, issued— value - doReceipts, postal:
50 selected cities do50 industrial cities do
RETAIL TRADE i
Automobiles, value of new passenger-car sales:flUnadjusted 1935-39 = 100. _!
Adjusted doChain-store sales, indexes:
Chain-Store Age, combined index (20 chains)av. same month 1929-31 = 100..
Apparel chains,_. doDrug chain-store sales:*
Unadjusted 1935-39=100..A d justed do
Grocery chain-store sales:Unadjusted 1929-31 = 100Adjusted d o . . . . | 'r) 133.
Variety-store sales, combined sales, 7 chains: f jUnadjusted 1935-39=100.. p HO.Adjusted do j p 110.
Chain-store sales and stores operated:Variety chains:
H. L. Green Co., Iner tSales thous. of dol__Stores operated number._
S. S. Kresge Co.:Sales thous. of dol__Stores operated .number
S. H. Kress & Co.:Sales thous. of dol__Stores operated number,_
McCrory Stores Corp.:Sales,-- thous. of dol._Stores operated number..
3.927151
241
201
DOMESTIC TRADE
i84.662.585.376. 982.0
358. 4
7, 08668054081
2, 03985846
01,1571, 926218
15, 6482,415807657504
2,39182G546150863
2, 4204, 0692, 014
103, 29023,21680. 0745, 6391, 48517,00955, 880
1, 597
4,15138,218 I
I13, 138 |97,435 |1,362 |
• 28, 666 |r 3, 455 i
158137
119.0 i120.0 !
98.5104.8
112.8111.1
99.5104.4
3,784151
11,643676
6,310239
3,611203
84.158.5 I88.4 !
74.686.4416.5 |
7,137498350
942, 095
87977
01,1932, 002158
10,1,
2
7974392312613431383044138(7(52
1.96W2,8571,706 !
84,44021. 19463, 2463. G2-S1.82713,04344, 748
1,634
4,220 ;40,144 i
13, 106 ''100, 955
1,519 |
27.626 !3,505
13d141
119.0132.0
99.4103. 8
109.9112.2
97.6106. 5
3,334151
10,458677
6,514239
3, 334203
87.4 !63. 0 I79.9 j80.4 |89.4 !416.3 i
86.4 |58.3;80.979.4 '87.7396.8
85.4 |66.1 i83.0 |78.8 I78.8
355.9 I
6,842 j 7,273 9,832
1,
48933 ;0 I
90 !189 !
907 I
0 I1, 2241.897 i235 ;
10,005 !1,215 i487 i149 ;283 i
2,004 I235 i382 i188 \698 !
1,709 I2, 656 '1,888
92,04121.96470. 0773,6191. 196
12, 04653,216
50655087
2,01891
8740 !
1,169 j2,088 I
385 I
13,635 I1,611 i1,061 i
281378 i
2,140 I8 o r
429 j305 i790
2.147 I3, 6682,410
106, 70122, 32884,3735, 0351,32214, 54663, 469
71.0 | 72.5 72.1
74250092
2,530103
1,0112
1,3022, 6091,390
16,6262 742T 216
525452
2,4401,177441219776
2, 4334. 2072, 432
118, 7S422. 78695, 9976,4711, 606
18.51169, 409
72.6
1, 710 j 1, 627 | 1, 537 | 1, 632
j
1.719 I 1,673
4,13439. 472
13, 106102,3901, 494
28, 9743,568
78113
122.8134. 0
102. 2107.6
110.0114.6
95. S i109.2 :
3. 657
3. 90139.041
1,866
4,52742, 719
12,469 15,09699,068 | 119,5001, 248 1, 478
11,7
6,691239
3. 626202
30, 3253,572
7497
121.0137.0
P8.6102.7
110.2112.4
103.9108.1
3. 536 |149 !
10,870 !681 !
6,839 I239 i
3,377202
35, 2334,194
66.785.379.762.5340.1
9,016 I72474091
2,4809394916
1,2812, 365943
15, 8612.427878531432 !
2, 582945471248874 '
2, 2954,1802, 460
113.19121.07192, 1194,9731.359
16, 79668, 992
73.9
1,479
1,668
4,37341, 646
14,177111.8641,843
33, 2013, 686
154 |124 i
120.0132.0
163135 !
92.173.9 |80.7 I87.684.4
9.30785763(a)97
2,664105
1,00117
1,3762, 626
503
13,5891,270745646336
2,003G84240345682
2,0814, 5581,691
122, 78621,918100, 8684. 1241, 742
13, 54981, 452
75.1
1,792
1,890
4,91445, 154
15,876123, 4301,719
45, 3905, 539
150169
82.963.472.677.779.8
9, 082780590
1052, 557
671, 052
171,4162, 639390
8,7131,05630594321
1,615265190137673
1,1772,8811,888
93, 17121,35371,8183, 6632, ?9512.54453, 315
2,084
1, 761
4,87944, 982
14, 541111,6381,328
32,3164,001
143178
59.480.980.589.3
124.0 ! 128.0 I 124.0136.0 ! 149.0 ! 133.0
104.1108.7
118.4122.1
80.5r 119.9
104. 7103. 2
112.4111.8
108.0109.7
3,992150
12, 626682
7,514241
105.2105.3
115.3115.3
112.9109. 7
4,395150
13, 290684
7, 659242
1403103.8
120.8117.2
225. 2110. 3
7,972150
24, 683684
15, 732242
5,921242
8, 10669860092
2, 290469150
1.2632, 355387
12, 5241, 584592245380
2, 198434435219702
2,1353, 5992,319
93, 96320. 69073 2725, 2501.432
14. 80651, 784
1,712
87.761.383.780.0104.5
S9. 068.8S4. 183.283.5
4. 49643. 005
13, 530104, 7541,195
30.5363, 777
178209
130.0133.0
100.4107.4
123.4122.8
92.1116.2
8,97980762099
* 2, 62358
1,0400
1,3362 4S8467
17,9142, 5421, 210' 694551
2, 763845568304973
2,4724,9932,920
114,37724.71289, 6655, 9071,84117.22864. 689
76.2
1,872
5, 55353,309
16.096128, 5101,244
34, 0364,159
215185
128.5144.0
109.2109.7
127.4126.1
94.8113.2
2,996 ! 3,546 i149 i 149 !
9,409 ! 10,150678 I 675
11, 507675
6,222 ! 7,156242 j 242
r Revised. v Preliminary. § Index discontinued December 1940; data for radio advtRevisert series. Revised indexes of variety store sales beginning 1929 appear in table 30, p
February 1939; for an explanation of the revision and reviserldata, see notes marked with a "f" on p.on value of new passenger car sales beginning 1929, see page 20 of this issue, and for an explanation
•New series. For data beginning July 1934, see table 1, p . 11 of the November 1940 Survey.
3,768 ; 4,058 j 8,028 | 2,926 ! 3,224 3,691202 I 202 i 204 i 199 ! 199 > 199
-ertising are included, however, in combined index.. 10 of the August 1940 Survey. H. L. Green Co. data. 24 of the September 1940 and December 1940 Surveys,of the revision, pp . 18 and 19.
8, 655636460
992 527
471,045
01.352
" 311)
17,5812,8161. 124
832449
2.4441,097T 548
235795
2.50." |
2. 686 |i
119.230 |24,91194,3186. 9001,976
17.62567,811
78.1
1, 801
4, 84546.535
15.0-4IIS. 150
1,125
34. 4864. 193
235190
132.0148. 0
107.7111.4
130.2126. 4
• 116. 1' 116.4
4,227149
13,314673
8, 0C2242
91.063.383. 685. 090.7
8. 595656090
1002,614
45994
I)
1.3942, 444
279
IS.7413, 0861, 16".
849454
r 2, 4101, 404
301943
r 2, 3405, 223
122, 44325. 62406,818
6. 9391,743
18,31469 $2'>
1,732
4, 79446. 898
14,802116, 544
33, 7223, 961
246209
132.0145. 0
v 113.2P 117.0
130. 8128. P
• 110.2' 114.0
4,315150
13,443073
7,958242
4, 241 4,101199 200
° Less than $500.revised beginningFor revised data
ust 194! SURVEY OF CURRENT BUSINESS S-7
Monthly statistirs through December 1939. to- JJMJget her with explanatory notes and reft-rencer . ~-to the -sources of the cla*a, may be found in the hi,,,.1940 Supplement to the Survey
K L T A 1 L T K A U K <''.ntin«KMi
1U4O
June July ii;iM je^f/^Q,. °i-»ober * °^™~ '"f^run Jami- Fi'bru-
a»\ ar \
11)41
March April . M.i\
DOMESTIC THADE (Vmtinuod
<7.'( . Mu'rphv (V .
K \ \ . \\'('l\w l.»:» <"«'
«ron s< p. • ,t(.M< >rlior f'l 'iut-
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u 'v 'u""fiiin»
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do- .00- 1 If"- 100
I O M
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S J5 i fI l l "
1 l'l
11 UTt')
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202 202 2i "1 204 201 2Ul
2o , 021 2*,'>'<)", 2< ,^2^ 2 " . ! P T 2» » ' .^ 2U, b ^ o1 7)7! 2 2 o o s 2 s » ' h ( . 2'), W> 2'». }l< I 2') 77S. M i l l _ ( i i ' , 2 . ( M i 2 , 0 2 1 *2. i ' 21 2 . 0 2 , 2 02.} 2 . 0 2 1 2 o2.^ 2 . 0 2 0 2 " 1 . " . 2 , o 2 0
7 V) ^ 27i» 1 0 . 1 7 2 i n " f i ' i 2 0 , 0 i d M.t" .
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122
'- i 'vo id7 IOS ] r> !o;>in. |'2», P v - is i ' -> •• 1 2 4IP H . HI H""-* - l l ' t 124.
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1 Jr, ~ ' ^ ! •* I .. . A><' :•).» 9 "v<'. 2l."».2 J.n .. i l . i 1 <s i ' Ii i:i-' '••i , " . , J <2 ! 1 ' ' • ! i ' 2 ; N 122 '•> -?7 ' ' Ai> 1 \~ , I " J* 1 ^v l | H» > I ' ( ' l v
1 ? " n I.M ^ r.» "" \>« 0 \'2>K* 1& •> 1 ^ o i l . " 7 I ' .ti '. l ' l 2 ' 7 1 ! 172 ••U.J »i I ' l Jf.^ ' ^^ l H«» ' '-70 '7<* " IT.". 7 \'7 4 1.". >> 2 0 0 , i\n\ n! j . ; : . r « • i . ' , • . M I •> a ^ •< 1 2 ' . ' » o i . ^ , 7 r - j s - i ',.> x l i l> •> S.'»L'. t
EMPLOYMENT CONDITIONS AND WAGES
EMPLOY MEN V
r i v ' j f u n i r K ! l (
I T . ' . ' T«d ^ - 1 - i 1 f»< ' V O - I l M * - n o t " I ,
H t dv, T O ' " 1 . ' " ' ' I - n
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j
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171 ~K, "i"
103 ' ir>
•)11 l . to* J 7(»" ' . 7 2 0 . h ? 1 • .20 1 « . ". "« " ivi ^o - -»i> ^ i
2,)', i , ' S 7 4 1'7 4 ' lSi« a 1 J? 4
4 1 ^ ^ 11 i " l i» 2 T1
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1 ( 2 . 1 t . ^ :
r ; * M 1 /< 0 x^ . 4 s , ,. v » ,J O ! x j(»-. J ' I " ! I')'. 2 ll • t ln(' 2i.x * • " 2 '1 ~ M " 4 . 4 -!
It* 0 ' 12 ". 1.2S
111" X li \
U , 3 I ! ' ) • * ' ! » , •
' I t 1 102 ,If!" > r I 2 •> 1
1937 f(.r ui wi
1 1 H ' M i d . I i ' t u " i - • ' . ' - ^ k - i n \ ' l i i , i ) a \ [ i , i n 1 " 1 , . » l i > - ( I K H U ' > v \ 4 M ' < f t ^ l i i i i u H ' ^ i ) d • ! i k 1 1 1 ! 1 ' f j u . ^ ] • ' o [ i . i M I ' i ' » . • ' b . c ' »T l > 4 0 u . v f ( ( ) T M . i n u i ' . l i X . I ' f i t ' 2 0 . « J J ^ , t f i t \ ' t v I « . J . - i n v » \ , I . i - > < ! < h u i t 0 U l U 1 v \ i l l « . p i > t » f i r >(\ < l - i i - t i u f . f . u - 1 . ' O i - u T - ' ^ ^ ' u. . , ' ! [ < . U 7 . « M - 1 , r e - t i e - 1 r "))"•>- v i . - t . » , o f ' n r h C w v n '* « M I J » - ; " u ) i " i " ( , ' i n n ' i . I ' - H M H \ \ t o r i « \ . u « u ' l e . » - U J ^ I - u < i - . t t < e . u n n\ ^ r f ' D ( i i i , i i r ' i i ! " t M ( l m l • r u i n . H S f o r M i i n i n U > ' ' . \ » 1 n i o 1 2 o I S ( i f t r > » » ^ ^ m M i * M i ^ J I \ e s
K i r ' . i " H « i . i r ' i i ' i ° 2 ) , x p t t a b l » 1 ' . p " . 7 a n d I s o f f ! . v M I A -h i ' < ; i ? u r \ « \ . * \ c , p . i o i f f » t i ! u i i j i l o v i n . 1 " b t < ! I ' l p ' o v , - •• . M ^ M K I ' . r . ' C ^ ' i t i
) '! - - llJ n , I . / I » ' . . Me J Jy ' \W 1 . J t . < ! i •• J
S-8 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941 1940 1941
Juno ! July | August Sep-tember
October Novem-1 December j ber
Janu-ary
Febru-ary March April | May
EMPLOYMENT CONDITIONS AND WAGES—Continued
E M P L O Y M E N T — C o n t i n u e d ;
Mfg., unad j . (U. S. Dept . of Labor)—Con.Durable goods—Continued.
Machinery , excl. transD.equip. 1923-25 = 100.. • 167. 2Agricultural implements (including trac-
tors) . . . . " . _.__19?3-25 = 100__: 171.9Electrical machinery, apparatus , and j
supplies . 1923-25 =100..i 158. 1Engines, turbines, water wheels, and
windmills 1923-25-100. - 286. 5Foundry and machine-shop products \
1923-25 = 100-.' 138.8Machine tools*- do ', 337. 2Radios and phonographs do. ._. ; 179.9
Metals, nonferrous, and products do ! 142.4Brass, bronze, and copper products-do ; 190.0
Stone, clay, and glass products do \u\. 5Brick, tile, and terracotta- do . . . 71.2Glass . - -- . - . - . . - . .do ___' 121.5
Transportation equipment*" - . .do 170. 1Aircraft1" ..'Ao __ fi.t.K 2Automobiles - . . . — . d o . . - 135.0s h i p b u i l d i n g . . . . . . do . . 321.9
N'ondurable goodb"'__. .. . _ do 120. sChemical, petroleum, and coal products
1923-25-100 13i.5Chemicals - - do 172.1Paints and \ arni.^hes . . . d o . 114.7Petroleum refining do 1 •_>.". 6K . u - o n a n d a l l i ed p r o d u c t s . . <Io 326.0
Form arul k indred p roduc t s . dr. 131.7Making . do i;y> 1Slrtiijrht'Tinc -md meat p.ickina . do 120. 1
.Lofithor and its manufac tu re? do MS. 6Boots and shoe> . d o . - '',">.>"
Paper and printing do . 121.4Paper and pulp . . . do. u i . 9
•Rubber products . _. .. do 110.9Rubber tires ;ind innor tubes. . . <'<-» .__ v>, s
Textiles and their productst .do „ 112.5Fabrics!-.- , . , . do . ioh. lWearing apparel . . . . . . . do 121,3
Tobacco marrifaemre-N . _ do ( .15.5Manufacturing, adjusted (Fed Resvxe. t
do - rjs. 1Durable goodst . . . . . . . do ;.33.6
Ircri and steel and their product:?, not m-chiding m:ichiih>"\ . . . . i92o~25~ l"o 1,^,7
Biust furnace*, steei v, crk^. .iml rolling
1 lardv\ are . ._•]•» I isStrnemrai and omar^-Mal uu^-A -.v.ik
Fjniil.er Ji-t allied pro-:uct> d<- ;t) -Fi(rnilUT\ dr Ml.Lmrn >•[, >.iwmilli? an '>»,
M i u l i i l U T N , ( > \ c l . I I " , O N ] ; , e q u i p >U> i r . t i j
\ g r i c u l t u r f » l i m p l e m e n t s ' i i p ' i i i ' i i n u r r a r -
Kleetrical m a c h i n e r y , *ipparato>. a.;d sup -plies ' H»l'.j •'." -HA) !•>*"
I'in^iiKK, t i i r b i n e s , w a t e r >A J u r i s , a n dw i n d m i l l * _ r.i23-25 - JO0 _'7."<
Foundry an-.l uia"l'.ine-sh<.p products1923-25--100. 13!<
M a c h i n e t o o l s ' 1 . . . . . . d o . 3 3 6Radio.-; a n d p h o n o g r a p h s . . . . d o . is!
Metals, nonierrous, and products .do 111.6Bra-s, bronze, anrj copper products do 191
Stone, clay, and ulass product< . . . .do (.»3. 0Br ick , t i le , a n d t e r r a c o t t a do . '•'.»Gias>. . . . . . _ . __.do _ 123
i rMnspntt- i t ion e q u i p m e n t 4 . . <A\^ . 172 MAircraft* . . . _'!o . ''> 155\utomobile- . __ do 132
^•iipbuiUJinc* . . . . . do _. 32">INond'irable goods* _ .__ . . d o . . . 123 5
Chemical, r>"troleum and coal products1^23-25-100-. 138.4
Chemicals do . . 172Pain ts and varnishes do _ 140Petroleum refining do 125Rayon and allied produces . _. d<~ 336
Food and kindred products do_ 136.8Baking. . _ « - . . . 151Slaughtering and moat p a r k i n s . _do _._ 121
Leather and its manufacture*- _ . .<!" . . . 101.7Ri-otsand shoes . . .ilo . 99
Paper and printing . . . do _ 122.7Paper and puip . . . . . . do .125
Rubber product* . do 112.0Rubber tires and inner nibes> . . ..<lo 87
Te-cfles and tlieir products- .no .. I 16, 1Fabric.st . . ,|u 109.3Weariner apparel . _ >io 126.4
Tobacco m a n u n e i u n .- . *i*-» t',5. s
115.1
137.3 ,
103.3 i
158, 1
96.9 !229,1 !141.0 |106.6 |127.1 •82 963 1
101 9 ,111 3
2,913 5HM.y162 8106.2
119 0138 3126 1123.2306 0129 7117 0 :108 '? •86 8si 8
114 5116 2
S3 1hX 593 - ,85 7
107 961 9 ,
lo3 9W 0 :
I03 7
11**>-
T3IUO
'".7 ?'0
• >0
i n '.»
i.S6
!•>..
j ;J.
1 1410S, 2
12s79 S
,)S
111 s2, s;_'9
U I108.5
122.4138 I122 '123 ;:315
131. 9146109
89. 688
115.7I I P
84.269
96, 888.0
112.565, 2
116.1 |
130.6
103.8 i
167.5 i
98.0 \234.8 1143.4107.0129.6 i82.4 !61.1 !
103.3 |99. 7 :
3, 1 H). 6 '
17a 2107.8
118.5140.4 ,121. 6 '122.9306 9135. 4 -147. 1113. 19'. 690.7
114.7 ;117.1 -
S3 5 '60 3 :
\V± 5 •88.0 i
101.9 '62.4 -
Jo" 1 'lo»;. 1
1"7. 3
12!)
St.
75100
»,7 5
sw»",0
• 16 6
I.;1;
l l i l
16.">
9V
2'> 7
145Ilo. 7
132s i . 3
hi ,
10.")
110.73, ) 15
0717.")
109. 6
121.7138124122308
129. 0146111
90. 989
116.5117
84. 769
100. 291.3
116. 162.8 '
119.2
131.2
106. 6
'176.0
100.5237 5157.1113.8138.2
84. 564.4
106.9105. 1
3,478.6s.'i. 5
181.1112.2
119 4
123'. 5122. 7307. 7145.8116 6106, 892. 091. 1
115.2116.9
^r>. 970.599. 790. 4
116.764.4
107.4104.3
i l l . 1
12:5*9S
78MS
>,'j 09062
120. u
139
i » - r
176
101217145
115.7no
si . 860
107120. 93. 17')
107W>
110.2
122. 2141126122306
129. R146108
89. 187
116.4117
87.071
.101. 192. 6
116. 163. 0
123.1
133.5
111.2
' 183. 4
103.4248.0159.5119.8146. 685. 864.7
109. 3126. 9
3, 764. 3112.2188.1114.4
123. 0143. 4126. 1122.6311.7147.4146.6108. 090. S
: 89.7; 116.2i 116.7i 89.4\ 72.6! 102! 61 92.81 120.7
65.8
J 108 .9i 107 .4
112.9
• 123\ 102
• 8 1i 96! 70.6' 91
64122,5
111
m
: io3; 217i 138'' 118.6
1 17' 83. 0
61109
! 130.2i 3 sSl
116187
: 110.3
: 121.7141127121309
126.9144109
89. 988
115.7117
S9. 773
101.993. 5
116.563. 7
127.3
134.9
116.1
'191.6
106.7257. 9163.6126.1154.987.565.0
113.2139.5
4,115.9125.1197. 4114.8
125.3145. 6125. 1121. 2311. 1341.3145. 9109. 690.088.4
117.6115. 192.673.9
104. 596.1
118. 966.5
111.4111.2
116. 1
125105
8499
71.39164
126. 6
143
116
197
107257134
122. 3153
84.761
112140.24, 243
125195
111.5
: 122.9143125121310
129.9144110
91.190
316. 1115
91.674
102. 695.2
114.863.3
131.2
136.6
120. 6
r 200, 5
110.1265.9159. 4129.9162.488.664.8
117.0146.0
4, 402. 3129.8204, 1113.9
125.6148. 0125.9120. 7314.5132.5145. 5116.287.084.. 1
118.5115.7
! 94.4' 75.2! 105.5! 98.7j 116.2! 66.81
! 114.2i 114.6
\ 118.9
\ 127j 109
! s6: 1031 73,6> 93: 66
130. 9
140
12a
: -• 2 ] !
110'••• 2 6 5
142126. 3
16288.4
65117
I '•' 1 4 3 . 9' 4,447
"127204
113.8
: 124.1: 147
127120311
132.4144114
93. S92
116.8116
93. 675
105.397. 7
i 118.0: 83.4
136.1
143.2
125.8
r 210.5
114.1276. 0158.5131.2168.188.765.2
116.8149. 2
4, 684.1130. 2221.0114.8
125.8149. 9126.0119.8315.1130.5144.1125.090.688.0
119.5115.997.576.9
107.0100.4117.265.6
116.6117.5
122.4
130113
91104
75.296o7
136.0
143
126
' 2 1 8
114275150
129.4168
90.468
117' 145. 6
4, 731' 124
220Ilo. 7
125.3151128120314
135.6144121
94.393
117. 3116
96.877
107. 298.7
121.964.7
139.8
149= 6
129.4
r 222.4
117.4285. 8147.5131.1171.585.964.8
114.4152. 6
5, 037. 7128.5240.3112.7
126.0152. 0126. 3119. 1313. 5121.4140. 5116.393.491.4
116.7115.798.877.9
106. 499.7
116.860.8
118.3121.1
124.8
133113
96109
76.39768
141.2
147
131
' 237
118286155
133.3173
94.675
120150.45,089
123244
115.6
126.5154130120310
133.3143112
93.391
117.1116
99.078
107. 398.8
122.066 3
143.5 !
144.2 j
136.4
' 236. 3
120 0297. 2141.8134 717 ".9s6 9 '64. 1
115 s157 2
5.34 4 0'l30 12-"'i 61' K 7
127 s
155 1: -JA. f.119! 2311.0119 1142 9ilO. t.96 995 0
117.1117.3100. 77s, 6
110. 1l o l . 7124.263. 7 |
118.6122 1
125 5
13'*114 '
1O0112
75 0
(','141.2
110
137
239
120296 <165 ;
135.1 i176 |
- 9 2 . 9 !74 !
116 iM52.9 i
5.398 1123 !262 :
115.2 •
127.4157 i130 !120306 i
r 131.0 !145 \111
93.291
-117. 2117 ;
100. 479
107.199. 1
r 120. 5 i64.9 :
147.7 [
132.6 !
ni.:. '
"217.6
123.6307. 11 19. 1136 9IM). 5s". 7n~). \
11** "»161.2
5, % 3 . 7 '131.5272 1in; 3
i3() 7159. 31X2.')
'M'2.''i120.3145.01 U). 7OS. 7°7 0
118. 11} s. 511 )2. 8M). 0
U 1.0Io2 7
r 127. 263 3 •
11'., 41210
!26 2
J33nt;
mo113
"11.0
9 sf>",
14s 1
I2t.
142
' 2i6
12430417s
136 1179
92 371
11^• 15J 0
5, 50912326S
' 115 9
128.1 j161134121308
••131.4 :146113
94.39?
-118.5119
•• 102.080
107.6100.4
'119.364,0 :
' 156. 2 ; r
r 168. 5 | r
I 17. 3
r 257 2
130.11316.9 ; -158. r>
• 1 3 S . IJ ' r
182. 5 ' '93. 0».<•. 2 '
121. s , '; lf»6. 4 1 ;
' *"l32.4 1 '294.4 ! '117s,
• 134. \162.4 , '137. 4120 "» '317.9 , '
• 123. 6 ! '146 5
- 110.2 ' '9s. 095 s
119. 4120 3 , '
' 105 0 ' 's2. 3 ;
• 112. 1103.7 -
' 1 26. 2h.3 .-> ;
r ' M " r
126 3 i '"~ j
12s 2 ' '
136115 ,
101113
74. 2101t',5
I5h 2
i t , ,
117
215
129315]s..()
130. 0!Sl
<»i 370
u i15S n". 7( 8 r
1252S4
11« 0
132. 2 ! "1 6 3 :135 (
121 :324
132.8 ; -148 |115 ;
95. 593
119. 8120
104. 283
109. 9103. 3119.9 : '65. 0 I
162. 0
170. 7
154 0
271. 6
134.0325. h173.7139.9ls.4.4
r 95. 6r 72 7124.0171.3293. s133. s307. 1l l s .7
133 5In6. s141. t122.0323. 5127 '149.0UK. s
' 95. 5' 93.0120. 8122. 7106 ,'i' s3 2112 4105 1124.0' 64.1)
124. s12M 4
131.D
140• l i t .
103• 125
• 74 7104
• » • " >
H.I 1*
• lot,
1 ,V>
' 259
133- 324r 197
140, 8* 183
* 92. ]r 69122
164, 26, 110r 127- 298120.4
134.9«• 3 6 8
* 136•- 123
330135. 0
149- 119
* 96. 8r 94
121. 1123
106. (' s:?
112. 9105. 9123. 8
' t>5. s
+ Kv\ r^<\ M.i u'>. 3Iii:he feviMoiis u.L>- xuade in data tor textiles and products and fabrics beginning 1933; revisions not shown on pp. 25 and 26 of the May 1940 Survey areavailable upon request. Index for transportation equipment revised beginning January 1939; see table 57, p. 17 of the December 1940 Survey. For revised indexes of employ-ment, beginning in 1937 for all industries and nondurable goods, and January 1938 fur durable goods, see table 12, p. 18 of the March 1941 Survey.
"•New series. For indexes beginning 1923 for machine tools and shipbuilding, and index for 1931 through 1938 for aircraft, see tables 39 and 40, pp. 15 and 16 of the October1940 Survey; for aircraft indexes (revised) for '939. see table 57. p. 17 of the December 1940 Survey.
i M 11)41 Sl'KYKY OF (TRKKNT iU'SIXKSS S-9
Monthly statistics through December 1939, to- 11)11gether with explanatory notes and references — — -to the sources of the data, may be found in the r1940 Supplement to the Survey
1941
June Jul.v Sep-tember
Novem-ber ' b T ' Jar^" ' ¥arlU' | March I A P r i I I Ma>"
EMPLOYMENT CONDITIONS AND WAGES- Continued
EMPLOYMENT--Continue!Manufacturing, unadj , by States and cit
State:Delaware . .lllinoist --Iowa . .Maryland . .Massachusetts. .
- 1«3" 391923-2."
. 1929-31.192.") 27
. 1923-2.".1925 27
yNew, Yoi1 -Ohio - l«»'Jt>Penn^jh ania . . nJ23 2."WiscoiiMiit - - 192.W,
City or industrial area:Baltimore.. . . . 1929-xiChicago! - - .-1931-39Cleveland. . . . - 1923-25Detroit - . -Milwaukee . . 1925-27\ e \v York, . _ _ _ _ .Philadelphia . . . - 1923 2.I b h
100- -H)0- 1 0 0
=J0>)-= lOu---10O=-lU(i- 10"= 1 0 0
I l t t b u i g . _Wilmington . . . _
Nonmltj., unadj. (V. >. JJept. of Labori:M i i
--- KM= 100d o-10 ' s<1o---iOo
o
i.uurcdo
-d->
TInadjusiKl . . . . 1923 2.", - loOAdjusted -- . . . . do
LAKOK CONDITIONS
AviMan' wceMY hour* per worker m '•u-t n»">Natl. Ind. Con. Bd. (J.'» indu^tn^1
U S. Dept ot Labor (90 indu-tru-industrial disputes (strikes and loel-oii
Bejiinniim in month .In proRie^s dining monthWorkers m\olved in strikes"
Beginning in month . ihiIn procres^ during month . _
Man-dajs idle during monthEmployment security operar ions (Soc. Sec. Bd )
Placement activities:Applications:
Active file - .thousandsNew and renewed . . . do . .
Placements, totals _d » .Unemployment compensation auivine^-
Continued claims _. thousandsBenefit payments:
Individuals receiving payments^. doAmount of payments i hous of del
Labor turn-over in mfg. establishmentsAccession rate..mo. rate per UK) employeeSeparation rate, total _ _._ _ uo
Discharges.. d<» .Lay-offs . . . _._ doQuits and miscellaneous • do
PAY ROLLS
Manufacturing, unadjusted '*" S Depirtmentof Labor; + 192.l-2o=*o()
Durable good>t toIron and steel and their products, not in-
cluding machinery 1923-25 —100Bl ist iiirn<K'bs, steel works, and rullir.g
mills 1923 2^ !00Hardwaie doStructural and oniariieniil in< { d work
1M2< 2"- 100Tin cans and other tinware. do
! >3 11. I (
13,-)97
1..."..! ! ~>122.!0f>.121
l.UI3'i12s! i ' i
:3i
\nthiacitflRilu/niuous coalMetalliferous . -Cmde petroleum producim^iicirr\ ing and nonmetallh1
Public utilities-Electric litrht and power T
Street railway and bu^csiTelephone and Metrrapht
Servvji s.I)\MIIO and cleaningLaundries . . . .Year-round hotels
Trade:Retail, totiU
General merchandisingWholesale
Miscellaneous employment lati.Construction, Ohio _Federal and State highway^ tot alt
Construciion (Federal ami ^lutejMaintenance (Stall*i_
F«*di»ral civilian employeesUnited StaresDistrict of Columbia
Railway empluvei'a iclu>s I >ieam irotal'_. . . . ' - - i
1929 -100( ] • >
Mwdodo
d ' t
d •
, dodo .
. do .<<o . .do
1926- loonumber _
d n . .
. dn
•mlw iys i >
l iDU^an 'o- .
1')S i .
7s•»1V
'),;/ ' i
N l .
1 J21 1 1
i1
•)';
H
do' I 51' 2 h i
* i , 3 7 5
300 9J'»."> 4137. 0jor, j
1 0 . " . <<ss 0<J4 n85 •>95 f
K.2 t,101 C'96 *'•r, i)
!')0 0SS 1•M 0V.) h
7o ';63 S
107, I
io\ ^ J:O 5
10' *' 11' {
•i I 2 f»7 1> 7 . 0 *•'} ».9."> U 9 7 0
v)\: io* o10'i 7 , ins 7
>;i" i ' V, i' !7 5 l [Ml 4•> 2 97 1
M 97! 0h'A 7
yo. 3
110 i) I V . >337 3 l^'.i
9i 'J06. 2S9. 0 ,
17 6
l.V>.iilM131 *(51
*• . 2
4*» 3
SS 7fHi. 1J'«. 1
l.'H. 2 101 Ii113 y ll'1.. 2i ! 2 4 117 0i>.i .. ir . 3"I 9 ." 3
I P ) u 11^ 0'»•) 7 iOl 0
!n,i (, | M." i' • i . M ' ' ) > 2
i«){ 2 '(/") 2
los s i!,. ,; ' in ;111) ll 11 :. 2 .' I I " ) . 1 '10 i 7 107 s HN 4111 6 12!' 2 12" 0
if«l ' . 10'J ;, ! )i\> ;
,M 0 'ii f, «.s 1m i . ' . - . i •<; 7
i'». * V) t j "o i
• v' «i '»s 7 -is 77H 0 7>). 1 j ;tj -i
5 : 0 . 0 u m 4 j .••« oi r 'j ' tuo 2 I nt '••1 6 95.1 ' 92 3
( ' . .8 y* 3 iWU 4 d 103. 5•0 '» " 1 . 0
87. »>12'.). r>103. r,1117. I
«i'i. J307, ')
H3.: .119.3 !
IK', 0121. o '113. 7103.097. 1 ;
•on. 1 '
"0. 1 ;72 2 i
111. 4 '•l l s . 4i 44. s •117.4 'S7.0
120.0 :lo:j .",10S. l<96 2 !
107.3 !
113.5 iUS, 7 :112. I i123.011." 3 !101 s I
i o i . ; i102 3 |
Si Si
' I ' ". , ° 0 " > 5h\ i . ' ^ i \•"J 7 ', v i 1
i 1!o3 3 j 101 0 ''nil. 3 ] 101 l
02,9
' 3 3 , Sat-
1,0" Jr»
. i.s ..2 o :,\ s"."I. full 311 , -2) ' '41,')26
l')"..V2S i 172.379 172 .)0! 1(>1 2,»2i'iti.21." j Ji7,7O.'; , I J ' J ( '2i 1 SO 3Jt»
' !.'
9*i 3m 4
1 2 \ 199 I
!(•», 1
V, 2
s, 22')
90. -•)i o•<1 2
17 2
J3s,t
1.071 ' 1.0M
V 1 | " '»
119. > ' J i 152,5
'b. 0
102
'Rev i sed . >' Preliminary • ! )« , 'ni tNi>atrt aie i weekly aver i^ 'u t he nur n-er reICompi lauon of sepna te tieure^ 'or pnv Mi* pi icenu n r
e e p j d1940 Sur\ej . subsecjuenc re^ i>,ions in1940 F ll1940 is^u°. For rev pjand Chicago indpve5?, pp nit? niprkf d wFebruary 1911 Surv , will ar pe ir ri an e
p°> for >irett r nv
in paj -roll md< xe^ for all manufk d a "f on p 2j?
5, 7341,318 !
330 ;
6.525 j
I,2fi9 I53,618 j
4.76 |3.36
.14 i2.32 !
= 90 :
113 <)
(1 rit
5, 5651,401
30S
7, 292
1,22055, 741
4,911 i 4,6191/207 j 1.391
353 I 407
57. 458, S
4U. 139.8
147
158
4.759 j
1,039
57.059.. 4
40. 239.0
221330
91' 109
H65
5,093l . s i r ,
112.2 |119.3 |144.4 !119.0 !90.7 i
123.1 !
107.2 s112.0 ;9*. 3 !
107.0
lit). 4 '117.C.111. 1122 1119.0 ,109.9 '99 4 •
103.9103,4 '
50 t'.
7'X I
12.4
90. 16s. 0*0. 9
101. *101. 1
93. 0
90. 792 9
4S fi012
116.7 !120. 1 ;
146.7 !122.8 j92.9 |
126.5 !
no. i !114.7 !100.01U9.1
121. I ,I Hi S •117. 4 '122.5 '120 9112 S101.3104 «l107 1
50.2 ,'Jl 174 3 ,i)'i 2H 2
124, 1 t126.1 i149.6 I127. 4 |94.9 !
129.2 !112.0 i
' 117.5 i102.6 i110.3
• 12.".. 1121.5121.7120.3125. 3111. 1
' I'M. fiI OS 3I 13 5
IS 7' 23 5
••91 3" 6S 3
M04.4102 5 - KM.9
91 2
M2. 5 j" 6 6 j91 is |
M>5 2
ins 7' 92 4
' 129.7129.6152. 3
•• 131. 996.1
132.3113. S120. 4104. 2i is. 7
129.912S 1125 3123. s12S. 3113.5106.7
- HIM. M116 5
IS. t><S9. !»7S. 3»H). }5 ] . 3
120 7108.4
96. S
9'). fs103 0
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1.202Jo7, i
1,051 :
57. 6 !59.9
41.040.0 I
250 *'369 !
69 I»• 125 !
" 1,128 ;
5,1011.37!
344
1,074
5K S60. 5
41.240. 4
320•"461
115- 176
1,544
172 s76 177. i2s
I, 104 i 1. 14>
60. 561.0
40. 740.0
63. 062. 3
41.340. 8
•p 500
r 508 J v 315f 561 | v 415
r 7, 086 i v 2. 250
5,170 ! 5,0971,606 i l,82.r)
376 j 443 !
5,881 • 4,25H i 4,006 j 3.622 i
I l ' i !
1, 125 875 | 698 ; 67651,695 ! 36,591 j 32,231 | 29,561
! i \ *4.77 6.63 I 6.21 j 5.52 4.653.35 3.00 3.22 J 3,23 3.06
.14 I .16 I .16 j .19 ! .182.25 ! 1.63 I 1.48 I I 53 1.60
.96 ! 1.21 i 1.58 I 1.51 I 1 28
4,008 ! 4,931 I 4,047 | 3,738
IO.J " 1Id* , ! • '
n . . : i , r 4
66730,, 886
4. 113. 16
. 161. 861. 14 |
122ML (
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l l M 121 9 Jl». s 113 1 .'"4 i
• M I L f ' ' h ( \ i " k « ' . . 1 T K D . n i i t ' ' i , ( '
82639, 270
5. 543.41.18
1.611.62
120 7'32 ' i
1 So s
13'1 M1 id }
v» 4Ml s
806 i34,611 |
4.92 I3.15 |
.19 i1.201.76 !
II" 1M4 s
• i r . 7
762 590 •33,608 | 26,998
5.62 |3.40 |.21 !
1.06 I2.13 i
121 s
6.04 j3.89
1.19 i2.45
• 134 714M •<
loi i127 5
5,1561,539
500
65931,574
' 5. 95" 3. 86
.24•-' 1. 08
2.54
' 144. 0' 1 6 3 . 0
r 1 7'' 5' 141. 5
• 113. S" 151.6
\i . ; iL . ] '>>.. M h e r i i i d ( , » , , i n n r ^ n ' i f a t n r > n . rb w w ^ s h e - m n ' n i . Vn'2 ^ t m **< l i n g t n o t ' u > \ w
, ! M r M e s " o t i U r ' i » < s a , d ' ( ' } » M t i h i c 1 2 .u ' i r : 1 * 4 1 S u n o . I % ( J ^ . ' < r T\ b c o i ' - . r r» v ^
n, tp i s
. era i i1 '*
ihiie-, iet 'H ' I U I I N ujj j er,si(iU5, etc , are inc luded.' p . r - ' u d du rn <.' w(^^ en led "Within the m o n t h .
In ree»i dib(on ( v a n ! by the repor t ing source.H I , -M_ri \ e<jnr/iTu- J"29, cee p 17 of the Apri l
\ p n l ^ u r > o v i]»jii ir m tabln 27, p '7 of the M a y1 tin M iro'i JJl i ^ur > \ . F(T u v i s i o n s in Illinoismil,: \J2 rc \ iMU 'lac^ uoi ^ b o w n o n p . 72 of the
t«c^ii ^ ^iis ' j . . t Qjft ^u L i' oT ff" May 1941
S-10 SURVEY OF CURRENT BUSINESS August. 1941
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
June
1940
June J U ]y j Augus t j \ October [ Janu- Febru-ary
EMPLOYMENT CONDITIONS AND WAGES—Continued
1941
"March April I May
PAY ROLLS—Continued i
Mfg., unadj. (U. S. Dept. of Labor)—Con. jDurable goods—Continued. i
Lumber and allied products.. 1923-25=1 OIL..! si. IFurniture . . . . . . . _ . . . _ . . . , . d o . . . . i 110. 2Lumber, sawmills.... d o . . . J 71. 6
Machinery, exei. transp. equip.—... .do.. .-! 229. 7Agricultural implements (including trao I
tors) , ..1923-25 = 100..j m «Electrical machinery, apparatus, and !
supplies _ _ . . _ . . . 1923-25 = 100. _» 225, 5Engines, turbines, water wheels, and !
windmills 1923-25 = 100..: IW2 «'•Foundry and machine-shop products
1923-25= 100..:- 177 ")Machine tools* _ _ . . . ..do : ~>2\ •>Radios and phonographs d o _ . . | 19'' 7
Metals, nonferrous, and products do._..j '71 s>Brass, bronze, and copper produets.do__J 2'.J I
Stone, clay, and glass products.__ do j w 7Brick, tile, and terra cotta _.do ; 7i> s
Glass __________________ --do____j l•"»••{ ITransportation equipmentf----- do \ 212. i
Aircraft*. __„__ do i x 12".'*Automobiles. . do____] i.'l •>Shipbuilding* do ' I v ; 6
Nondurable goodst^. do i .V iChemical, petroleum, and coal products \
1923-25 = 100..; HH2Chemicals , d o _ _ [ 2.U <>Paints and varnishes _ do ! 17s itPetroleum refining d o _ J !•"'> s
Rayon and allied products do ; 3»vi '•>Food and kindred products . . . do Ui. s
Baking . doSlaughtering and meat packing do
Leather and its manufactures doBoots and shoes ... do
Paper and printing doPaper and pulp do
Rubber products . doRubber tires and inner tubes do
Textiles and their productsf. ________ doFabrics! - - . . . . doWearing apparel do
Tobacco manufactures do.,.._Manufacturing, unadj., by States and cities:
State:Delaware.— - 1923-25= 100. _Illinoisf - - - -..,.--1935-39 = 100..Maryland . . . . . 1929-31-100. _Massachusetts _. __. . 1925-27= 100..New Jersey _..1923-25 = 100. _New York __ . _ . . . . . _ . ....-925-27 = 100..Pennsylvania . . . . . . . . . 1923-25=100..! i .•• sWisconsin! 1925-27-100..! l.Vj '.
City or industrial area:Baltimore.. _ . . 1929-31 = 100. - ' 2sH..».Chicago! 1935-39 = 100.-. U)u \Milwaukee.. . . . . _ . , . 1925-27= 100.-! l»H yNew York do liy '.Philadelphia.. . . . . ...1923-25= 100..' U2 i.Pittsburgh.. . . . . d o . . . , : l in •'-Wilmington._____ . . .do ; M7 l
N'onmfg., unadj. (IT. S. Dept. of Labor):Mining:
Anthracite. _ ,...1929 = 100..' 51.2Bituminous coal do ; nil ~Metalliferous do._...; st>. <)Crude petroleum producing do i 50 !Quarrying and nonmetallic. do 55 5
Public utilities:Electric light and power! do in \Street railways and busses!- - - do > rr> 6Telephone and telegraph! do n? I
Services: sDyeing and cleaning..,. . .do ;; !*s 4Laundries do I in? r;Year-round hotels do i _~7 0
Trade: \Retail, totalf do j 94. 5
General merchandising! do \ 99.6Wholesale ' do j 87, 5
WAGES
factory average weekly earnings: :National Industrldl* Conference Boird '2o
industries doll irI ^ Dot t oiLiboi y\f[) uuiu^rw* do
Dur-" le .rorK -inFror md steel and rhtir product-, not m
dudingii ichjn°r\ do1! ir^B] i<-t furn lies. *.u«el \\t>rkb, ui 1 roihm.
\m\h -.nil. r_.Hardu ire <tuMiuaural .till or1., i em \\ MiHdl \\hrk
loll irsTin tans and othir Ui w no do
63.675.9 |58. 1 I
125.1 |
60.7 :
74. 3 153. 9 :
125.7 ;
68.381.762. 2
131.0
157.8 !
118.3 |
210.7 ,
148.9 i
118.1
152.0 I
123.7
- 2 i i i I
302.9134,010.". S140. S73.451. 1 '
11! •">121 0 !
, i*0?s 2 i
307. fs13s 5105.9146.2
71. 1
149. s ;117.0i'".O. 7 '
71.2 i87. 4 j63. 8 1
137.9 |
156.2 [
131.4 \
2."i iiO5. 43.tt.3 i<61.5 .12s 0177.6 '
,)1.8 '1(15.29* 9
124. 6
-"3 •) • 5 4 .0 .l i t - . 0 | 120 .71].">. s • 141 T
112 03x5 >s
fJ7. 4
165.2136 2137. 1 ,
140. ^114 7 ;67 062.7 '•
112 i '126 286 4 '77. 575, 4 I
S O . :, •
IW. 4 .
167. 2132.4 •
1:51.3112.1 •117 rt76. 4
111' 2126.3 ,
77. .
'J, \ !
'..t1). 1
211 .6I UK 4
1.U.4169.3132. 1<H7.43H.01 3 " . «j
140. 1
75. 0110 w
73,791.3 ,65.1
145.3
158.8
1.38.2
1 i l . 7,r>2.3164.3136.3 :
190.0 !sS. 0"5 1
12U. h163.3 Ir>:-!9. 4 '] 19, 2 !
>\A. Si OS 1
170. 'j1 ^5. * ,130 '6327 713^ 5140. s112 6
~4 672 0
113 4124. 2
139. o176.2135. s'Ht.. 2$22,*13..2130. 2115 >73 4h*' 1
115. 2123. S ;99 5 i
'• 9 ;
115.:.' i
70.7 i107.5 •'
\C. 7 '
106 ')
114.'.JO6.11
52. - !
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100.1
s9 692.4
116. -1131. 1
75. Al'jfi.r.87.6v A. 5
102. n
100120._:13
101."IJu (
9.1
70.0 ,I('!.3
s^ 000.0-0.5
. 1 '
J. 16s 5 I,.V). n 'Ic. 2 .
H>s. 17n. 1
iO'M
7S 9
lot 7124. i138.0s2.5
121.2' ^ . 2.U.'j
111,5
J23.:.112.2lul .6y4.7ys. 0M». 7
5,s. 236.2
U)5. S71. 1
101. S
85.6.\y.OM.b
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123.3100.5
i2»5.U122. 1
:<-. 3Si 671. 1
(07.07(>. ,'
I(i2 _:
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b4. J
84.889.378.4
84.0 :85.190.531.1
60. 892.380.2
j 0261'06 *
331 4
11" 412^ *!0j (»
_N 4<1'J 1Su 9
i_M '•*It 1 J
l ^ -s122 1
1 . ••
126 t,97 (•
37.68-1.
106.970.3
103.2 |
. i l .
50
',-
...
12
M7
0471
U_
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._,
.7
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163 0
171 3
157 9
70 9MO 4»() 9
119 3
160 4
145 )
i M h | 126 '•>
r~> 7 ! I M 6141 7 ! 14'v 02.)' b ' 21s >
4 0 1 I*. ?iMO s]()«) 1 ItO 2
14,, (i2s 7 „112 1
1 2<*. <y
IV • <<S<4 4H 2 4M7 7
in JJ r -5
Ml sKn J
I 5'
U P
H)t»
42. 791.472.855. 942. 4
106. 073. 1
103. 5
77.8 j 75.8 j87.2 i 89.2 ;
83.6 j 84.1 j
87.1 97.3 \97.5 132.9 i80. 7 ! S3. 4
t* 1" i l *
7" h90 0
167 5 17h 8
180 y
If 2 7
171 2
17* 7
)2b 7 m , 11(4 ", 1 414 7 '14 4 «•• ! | 4h i1 I ' I 0 i ->l 2
2\) 1 . 224 27 * S ^2 0,4 r , l s
Ml 0 ir> *190 ft
., 019147 .*U7 f 1Ids 1
( 4 2 •«
1 3 7 4
12tl _
119 7 ,v -5 •!
SO n I1 1 ) . !
' £ . ; •
• I ! . 1
1O> J ,
MM 4 I
l.>». 1 !
1 ( 0 (
1OJ .
38.587. 870. 406. 236.9 j
105.1 !70.7 I
103.9 I
73.3 I89.8 ;84. 1 I
83. 7 i86.5 •80.5 I
410 h
[ 1 . M
H I 219) 9H i *T
1 >J 1
no h1 7 xn 5 -
1'7 1
in
i" ^10112 1
no ,111
45.290.8 :71.8 !
57. 338.2 ;
105. 471.0
104.3
74.489.786.1
u,.1
2s
hi7190
It.
.112s
12
>4
41
21
"il
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84.6 ^6 2 '86.6 : 88 3 ".SI. 4 ; 2 O
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I D i
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0A 4 ' - I T 1
00 9
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r
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1]
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t 1
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s
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4
- n ] '
>" " >
fl-LVised n r i t s ci.t .ht T VJMOIX V>en* -jhdc in latn ^ r a .ul» aud ' n c r iir > li cis ana l a n n o Dv^im. n - i'i 3 f t M - i o n s noi showi. < a ^ 2< >i ih"•\ai l ibh apo r i request h or r fm^um^in Tlh 101s and CP'C<-ILO maoxo^, ^oo i.otc inarr\e 1 with a <lT' on p 29 01 the.Tanuar\ 194 i. t ) iJr \o\ I r ' i c< fur V i s e >iS2), r f \ h d da ta noi si wn -n p 71 or r hc l i b uarv -911 S1 r\<? v\ili ^ppc ir n an tar3> I^SIJP. Inrlox lor Transportation qu pnii-iT R H h H! no^int i n l e 57, p i7 of tfio EXu m b i 1^40 ^ a r v e \ . For TOS iMon ^ 1 wox ror n ^ n d u n b h goevs C r THs a ni l 1939. lOMablo 12, p 18 ot the ^ l i r c h ~>\>V Siirwy
1 aph pa^-roll inae\(. revi^< ^ ocs. i ninu MS2 r r her indicatKi nonmanufi^car iL '" p i roll ' i i i \ \» ^ a\i->cil D<.feinnui^ iy2y set tibl« (9 p ""< o f *ce v*\ev«r series see n^ .e n i i^ked - i*b a t * ' on p ^ N of tbir issue
'n vised m e . nvne" Ijr"u rir\ ll^f* set
August 1941 SURVEY OF CURRENT BUSINESS S-l l
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
June
1940
June July August Sep-tember October Novem-
berDecem-
ber
1941
Janu-ary
Febru-ary March April May
EMPLOYMENT CONDITIONS AND WAGES—Continued
WAGES—Continued
Factory average weekly earnings—Continued.U. S. Department of Labor—Continued
Durable goods—Continued.Lumber and allied products dollars
Furniture- ._ - -doLumber, sawmills do
Machinery, excl. transp. equip. do . __Agricultural implements (including
fractors) ! dollars'Electrical machinery, apparatus, and
supplies - dollars .Engines, turbines, water wheels, and
windmills! dollarsFoundry and machine-shop products
dollarsMachine tools* . .doRadios and phonographs do
Metals, nonferrous, and products. _do
Stone, day, and glass products doBrick, tile, and t<*rra cottaj doGlass do
Transportation equipment doAircraft* . doAutomobiles doShipbuilding *+ do
Nondurable goods doChemical, petroleum, and coal products
dollars..Chemicals - d oPaints and varnishes doPetroleum refining _.doRavon and allied products do
Food and kindred products do, .Baking _ doSlaughtering and meat packing..do
Leather and its manufactures! doBoots and shoes! _ _ _. do
Paper and printing doPaper and pulp do
Rubber products ... do . .Rubber tires and inner tubes do
Textiles and their products . doFabrics ._. doWearing apparel.. do
Tobacco manufactures __ doFactory average hourly earnings:
National Industrial Conference Board (25industries) dollars
U. S. Dept. of Labor (90 industries) doDurable goods _ do
Iron and steel and their products, notincluding machinery dollars
Blast furnaces, steel works, and rollingmills __. dollars!.
Hardware . doStructural and ornamental metal work
dollarsTin cans and other tinware! do
Lumber and allied products doFurniture doLumber, sawmills- .._ do
Machinery, excl. trans, equip. _ _ do ._Agricultural implements (including
tractors) ! dollarsElectrical machinery, apparatus, and
supplies^ dollarsEngines, turbines, water wheels, and
windmills! dollarsFoundry and machine-shop products
dollarsMachine tools* doRadios and phonographs do
Metals, nonferrous, and products doBrass, bronze, and copper products
dollars- -Stone, clav, and glass products. . . .do _.
Brick, tile, and terra cottaj doGlass . doTransportation equipment _ _ do _._Aircraft* . _ _ _. _ doAutomobiles doShipbuilding* t. - - do
Nondurable goods doChemical, petroleum, and coal products
dollars..Chemicals! doPaints and varnishes _ _ doPetroleum refining doRayon and allied products. do. _
Food and kindred products . doBaking doSlaughtering and meat packing__do
Leather and its manufactures! doBoots and shoes! do . .
Paper and printing doPaper and pulp do _
20 1720.6719.3230.41
30.74
30.52
35.05
29. 4136. 6823. 6127. 2590, Qr>
24.2020 9725. 8934. 2131 1835 2834 1721.81
30.0832. 2329 5534.8420 3625. 5426 5727.8218 1717 0029.2726 7028.2733 1116 4316. 2416 9618.98
.740
.672
.732
. 774
.849
.680
.741
.632
.523
.548
.505
.743
798
764
.803
.728766
.614702
. 755
.664
.564
.740
.905
.742
.954
.869617
.777
.802
.717
.983
. 675
.641639
.691
.553
.5317Q7
.644
19 3720. 2818.0230.29
30.42
30.14
35.04
29.3336. 4523.9027.1230 7323. 4920 9524.9131.8830 4832.2634 0321.87
30.1231.0529. 1334 7326 3224. 3326 6927. 7619 8018 9229.00°6 4727.7632 6616 8516 7117 2618 36
740* 667727
.777
847683
.738627519550496744
795
762
.807
730768621701
.762
. 665
. 566742
.891738949
.862615
.783
.804
.721
.986
.676
. 625640
.689
. 553
.532
. 791
.649
20 8121.3919.7930.67
30.87
30.92
36.00
30.1235. 4823.4928.1831 5524.8121 4926. 5635. 4131-7°37 0634 8622.10
30.1632.1829. 2834.9426 5324.1726 4027. 5719 8618 9428.7326 1427.8131 6417 6417. 1518 9517.79
741. 668
731
.777
.848697
.736
.633
.526
.546509
.745
801
756
.819
733760611703
. 765
. 668
. 568743
.897
.739
.956
.862613
.778
.798
.720
.977
.672
. 615643
.691
. 554
.533
.789
.648
21 0622.0719. 8531.22
31.17
31. 21
36. 24
30.3137. 0224.8929.3839 0725. 2721 6226. 9035. 6032 3736. 6736 0822.20
30. 0831.8029. 4035. 2026 9923. 4826 6027.3819 37IS 3229.1826 1229. 1534 0818 0917. 5719 5118.42
.742
.671
.737
.779
.857
.691
.735
.634
. 525
.546
.507
.746
799
757
.812
.734766
.621710
.775
.672
.565
. 750
.900
.738950
.874611
.773799
.722
.983
.682
.603641
.691
. 558
.537
.792
.654
21 4922.4920. 2331. 71
31.41
31. 26
36. 74
31. 1837. 7324.7430. 0033 6425. 7521 871i. 9037. 3932. 6?39. 2536. 5722.28
29. 9632.3929. 6034.9326. 5323. 8226 3127. 6418 8717 5329. 3526. 4529.3134 2718. 1017. 9518. 5318. 25
.744
.673
.739
.778
.851
.684
.733
.632
.524
.547
.506
.749
802
752
.830
.740
. 769
.618
.712
. 777
.671
. 566
.747
.898
. 750
.951
.871
.G09
.757
.798
.720
. 963
.685
. 610
. 635
. 684
. 553
.528
.792
.654
20 7522.2319. 0631. 65
31.29
31.61
r 36.35
30. 9536. 8523. 9730. 0233 9825. 1721 4727. 2636. 3932. 9338. 0534. 4622.08
29. 8732 7220! 3534. 322f). 9524. 4326 3126. 8218 1916 6529. 3526. 3529.4534.9217.8017.7118.0518.14
.747
.678
.744
.781
. 857
.683
.732
.635
.526
. 555
.505
.752
.806
.757
' . 842
.745
.768
.613
.727
.799
.671
.572
. 746
.902
. 755
.957
.884
.613
.765
.811
.733
. 966
.690
.632
. 640
. 686
. 555
.529
.793
.656
21.0622.6419. 2933.13
32.89
32. 95
'38.22
32. 8539. 5625. 3231. 6335 6626. 2522 5228.7735. 9633 1736. 4938. 3723. 09
30. 9033. 3330. 1536. 0027 1525. 7826 3928. 7720 0518.5430.3727. 3031. 1336 5918.4618.2818 9818.70
. 754
.683
.749
.780
.858
.681
.743
.638
. 528
. 552
.507
.761
818
766
.842
. 755
.781
.626
.738
.805
.680
.582
.764
.900
. 756
.954
.895
.617
. 766
.816
.741
.968
. 604
.641
.644
.680
. 552
.526
.799
.660
20. 7221. 4219.5933. 35
33. 25
33. 00
- 39. 36
32. 5140. 1524. 0830.7135 2825. 1721. 7428. 0237. 6634. 1337.6!37. 6922. 04
30. 3133. 1029. 8634. 4627. 4024. SO26. 4626. 8420. 6719. 5829. 7527.0230. 8536. 6718. 1317. 9318. 7017. 76
.759
.689
.758
.786
. 801
. 695
.743r . 639
. 529
. 552
. 510
.768
.821
.773
' . 869
. 797
. 632
.740
.807
.682
. 587
.772
.911
.776
.969
. 893
.620
.770
.822
.741
.970
. 699
. 649
.644
. 681
. 555
. 530
.802
.662
21.2422. 3219.9134.26
33.13
33.87
' 38. 73
33. 5141.6224. 8031.0035 1725.6122. 0!)28. 6238. 4435. 1440. 0538.7123. 23
30.2433. 5030. 2234. 3626. 9425. 2526 7326. 7021 8920 9230. 0427. 6631.2037.0219. OS18.6120. 3517. 54
. 764
.692
. 762
.791
. 806
.689
. 750r . 638
.531
. 560
.516
.818
776
' . 8 5 7
.762
.801
. 640
.740
.809
. 685
.589
.774
.918
. 784
.975
.900
.621
.770
. 826
.746
.970
.702
. 651
.644
. 685
. 564
. 540
. 803
.661
21.6823. 0320. 33
' 35. 02
33. 54
34.46
' 40. 43
34. 3941.4925. 7931. 573 6 Ar>
' 2 n 8922 3028. 7638. 8035. 02
M0. 0139. 3023. 63
r 30. 3633. 9330. 4634. 6827 28
r 25. 7426 6626.8122 61
30. 6728 1931.67
r 37 55r 19 3718.89
r20 6817.99
.769
. 697768
.795
.873690
. 756' . («9
. 541
. 565
778
820
780
' . 878
769799643748
.822
. 689
. 594778
' . 920.783
r 982. 890624
. 766829749
.967
. 700655641
. 685
519T 807. 664
' 22 1723. 2221. 03
' 35. 16
r 37. 52
34.41
r 38. 30
34. (JO41. 1025. 31
r 31.4S'V) 7026. 5023. 3828. 70
r 36. 4 1r 35. 1 5r 36. 30
3!). 11r 23. 01
30. 9534. 2431.5730. 0427. 54
' 27. It21 S720. S4
r 30. 5428. 31
••31.74' 3S. 01
19. 40r 19.30»• 19.91' H i . 88
.784
. 708785
.841
.954
. 093
.782r . 042
. 547
. 570
. 530
. 788
r. 872
.782
'. 887
. 779
.808
. 044
.749
.810
. 095
. 000
. 770»• . 923' . 78S' . 983
. 900029
.773
. 839
. 995
. 700
. 055
. 047' . 094.
. 579555
. NO")
. r>ot;
99 r)()24. 2920. 7537. 16
30. 88
36. 08
44. 05
30. 2142. 9827. 0233. 1437 1027. 0494 4929. 5339. 8935 8041.7041 0924. 47
32. 3935. 4833. 0537. 142S 1620. 0797 5029. 552 9 09'>(). 8931.15''9 0732. 8338 9020. 1220. 0820 2418. 07
799. 726. 806
.859
. 968
. 707
. 825
. 655
. 556
. 584
. 537
.818
. S86
.829
. 948
.801
.824
. 001
.770
. S34
.710
. 03770!)
. 945
. 7951.014
920. 041
. 800
. 8(i3
. 7 7 0LOOK
. 7 1 2
. 070
. 059
. 731
. 590
. 507
.811
. 070
' Revised.iBecause of changes in the composition of the reporting sample (usually an enlargement of sample) data for the indicated series are not strictly comparable for all months
shown; for engines, turbines, etc., the sample was enlarged in December 1940 (December figures comparable with earlier data above: weekly earnings, $38.39; hourly earnings,$0,845); for the month when the change in the sample occurred for other series and the issue of the Survey in which the revised data were first published, see note marked" t " on p. 29 of the July 1941 Survey.
*J\'ew series. Earlier monthly data not shown on p. 29 of the March 1941 Survey are available upon request.
S-12 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
June
1940
June July August Sep-tember October Novem- j Decem-
ber ber
1941
Janu-ary
Febru-ary March April May
EMPLOYMENT CONDITIONS AND WAGES—Cont inuedWAGES—Continued
Factory average hourly earnings—Continued.U. S. Department of Labor—Continued.
Nondurable goods—Continued.Rubber products dollars..
Rubber tires and inner tubes doTextiles and their products do
Fabrics --doWearing apparel % -_-do
Tobacco manufactures doFactory average weekly earnings, by States:
Delaware 1923-25 = 100..Illinoisf 1935-39 = 100..Massachusetts 1925-27 = 100..New Jersey 1923-25 = 100..New York 1925-27 = 100..Pennsylvania 1923-25 = 100 __Wisconsin! ..1925-27=100..
Miscellaneous wage data:Construction wage rates (E. N . R.):H
Common labor dol. per hour . .Skilled labor do
Farm wages without board (quarterly)dol. per month._
Railway wages (avg., class I). . .dol. perhour._Road-building wages, common labor:
United States, average dol. per hour . .East North Central doEast South Central doMiddle Atlantic doMountain doNew England doPacific doSouth Atlantic doWest North Central doWest South Central do
PUBLIC ASSISTANCE
Total public assistance and earnings of personsemployed under Federal work programs!
mil. of dol. .Assistance to recipients:§
Special types of public assistance doOld-age assistance* do
General relief doSubsistence payments certified by the Farm
Security Administration mil. of dol .Earnings of persons employed under Federal
work programs:Civilian Conservation Corps-__mil. of dol_.National Youth Administration:
Student work program, doOut-of-Sfhool work program do
Work Projects Administration doOther Federal agency projects financed
from emergency fundsf mil. of doL.Earnings on regular Federal construction
projects* mil. of dol._
114.6128.9122. 6150. 4115. 8135, 9131.1
. 7471.49
0. 780.967.496.484. 518.505
94.6110. 398.7122. 697.6108. 9111.0
.7031.47
.728
.46
.63
.33
.54
.56
.49
.68
.33
0. 785.971,502.486.534.502
94.6109. 6101.1121.397.7107. 9107.4
.7071.48
0.779.960.512.486.558.492
90.4111.0101.3122.699.4111.8110.3
1.48
37.18.723
.46 I
.39
219
523931
100
10
36
.47
.61
.35
.53
.56
.49
.68
.32
.47
.38
212
534032
18
39
.719
.47
.62
.35
.54
. 56
.50
.68
.34
.47
.38
0.780.971.514.487.563.487
93.1112.0104.2126.6101.0113.6111.4
.7111.48
!
.737
.47
.61
.34
.53
'.50.68.33.48.38
203
534029
17
0.774.962.509.487. 552.484
95.4113.5103.8127.5100.8115.8114.6
.7111.48
36.84.725
.48
.63
.35
.54
. 54
.51
.70
.34
.49
.38
216
544129
18
25
102
4
56
0.781.971.504.487.539.486
97.1112.4102.7127.6100.4115. 5116.0
.7111.48
0.784.971.507.488,544.490
104.0116.8108.8134.9104.4120.9119.0
.741
.48
.63
.34
.56
.54
.56
209
16
36
102
0.788.975.512.492
r. 557.498
98.1115.6107.6
' 0. 792.981.514.492
'.561.495
107.9117. 5111.7
104.5117.5117.6
.7111.47
36.61.741
.43
.68
.35
.59
.51
.55
.70
.34
.47
.38
222
574331
38
104
2
103
106.0121.4121.1
.7131.47
.758
.43
.67
.33
.59
.53
.59
.48
.38
215
584329
113
0.799.994
'.517.494
r. 561.497
106.2119.2113.5138.5108.2124.3123.3
.7161.47
.742
.43
.65
.34
.58
.52
.58
.70
.34
.47
.39
217
584329
2
16
39
97
2
110
0. 804'".997r. 524.509
r. 553.506
107.2121.0114.4137.5109.4127.7122. 6
.7251.48
40.44.732
.45
.64
.34
.61
.54
.57
. 72!30.45.40
210
594426
2
15
38
94
3
••115
0.8181. 011. 530. 520.550.505
«• 112.1125. 1119.8146. 6113.3
r 132. 7127.2
.7411.49
.48
. 62
.34
.56
.57
.5373
. 36
. 49
.40
594423
15
38
88
v 3
102
FINANCEBANKING
Acceptances and com'l paper outstanding:Bankers' acceptances, total mil. of dol..
Held by Federal Reserve banks doHeld by accepting banks, total do
Own bills doBills bought .__do
Held by others doCommercial paper outstanding do
Agricultural loans outstanding of agencies su-pervised by the Farm Credit Adm.:
Total, excl. joint-stock land bks.t-inil. of doL.Farm mortgage loans, total do
Federal land banks doLand Bank Commissioner do
Loans to cooperatives, total doBanks for cooperatives, incl. central
bank mil. of doL.Agri. Mktg. Act revolving fund do
Short term credit, totalf doFederal intermediate credit banks, loans
to and discounts for:Regional agricultural credit corps.,
prod, credit ass'ns, and banks forcooperativescf mil. of doL.
Other financing: institutions doProduction credit associations doRegional agr. credit corporations ...doEmergency crop loansf doDrought relief loans do
Joint-stock land banks, in liquidation__doBank debits, total (141 cities) do
New York City doOutside New York City do
2J30
101101
5952
299
2, 9882,4481.818
63090
7416
450
22b42
221
1305043
42. 13517. 28224, 853
2060
1661125440
224
3, 0602, 5491, 880
66981
6218
429
19640
2008
1305255
31,96013,11018,850
1880
1521034936
232
3,0562,5401,875
665
6515
434
19942
2048
1295254
32,85613,61219,244
1820
1481034434
245
3,0502,5341,871
66383
6715
433
20342
203
1285253
29.91811,60418,314
1770
1421004235
251
3,0352, 5261,867
659
7316
420
19741
1957
1275152
30, 86212,59418, 267
1870
149965338
252
3,0082,5171,862
65596
7917
394
19135
1806
1225151
36,31714, 95221,365
1970
159996038
232
2. 9862,5081, 856
65296
17383
18834
1736
1195151
35, 77114, 95220,819
2090
167100
6742
218
2,9732,5001,851
64893
7516
381
18734
1726
1185048
42, 95218,62624, 327
2130
168103
6545
232
2,9642,4891,844
64592
7516
382
18635
1746
1175047
37, 64515,14722,498
2120
164996548
241
2,9702,4851,842
64391
7416
393
19236
1826
1195046
32, 72513, 26819,457
2170
170107
6347
263
2,9762,4751,836
64088
7016
413
20337
1956
1255045
40,98817,40223, 586
2200
170105
6646
275
2,9822.4671, 830
63785
6816
431
21239
2076
1295044
38,73115, 65723, 074
2150
164105
0051
295
2,9882,4581,824
63490
7416
440
21740
2150
1305044
39. 91916, 12423, 795
r Revised. v Preliminary. « Less than $500,000.JBecause of expansion of reporting sample, data beginning January 1941 are not strictly comparable with earlier data.1 Construction wage rates as of July 1, 1941; common labor, $0,753; skilled labor, $1.50. a* To avoid duplication these loans are excluded from the totals.
igures for special types of public assistance and general relief exclude the cost of hospitalization and burial. The cost of medical care is also excluded beginning Sep-1940: this item is included in all earlier data on general relief and in figures for July 1937-August 1940 on special types of assistance.
,_evised series. Indexes for Illinois revised to a 1935-39 base; for factors for converting indexes on a 1925-27 base beginning 1935. see p. 29 of the January 1941 Survey.Revised indexes for Wisconsin beginning 1925 will be shown in an early issue. For revisions in data on emergency crop loans published in the Survey prior to the September1940 issue, see note marked " t" on p. 76 of the February 1941 Survey. Total public assistance and "other Federal agency projects financed from emergency funds" revisedin the March 1941 Survey to exclude earnings on regular Federal construction projects; revised data beginning January 1933 will appear in a subsequent issue.
*New series. For data beginning 1933 for old-age assistance, see table 56, p. 17 of the December 1940 Survey. Data on earnings on regular Federal construction projectsbeginning January 1938 will appear in a subsequent issue.
August 1941 SURVEY OF CURRENT BUSINESS S-13
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
June
1940
June July August Sep-tember October Novem-
berDecem-
ber
1941
Janu-ary
Febru-ary March April May
FIN AN CE—Continued
BANKING—Continued
Federal Reserve banks, condition, end of mo.:Assets, total., mil. of doL.
Reserve bank credit outstanding, totalmil. of dol..
Bills bought doBills discounted.... doUnited States securities do
Reserves, total . . .doGold certificates _ do
Liabilities, total doDeposits, tot al - - do
Member bank reserve balances..... doExcess reserves (estimated) do
Federal Reserve notes in circulation..doReserve ratio percent..
Federal Reserve reporting member banks, con-dition, Wednesday nearest end of month:
Deposits:Demand, adjusted mil. of doL.Demand, except interbank:
Individuals, partnerships, and corpora-tions mil. of doL-
Statcs and political subdivisions..-doUnited States Government do
Time, except interbank, total...mil. of dol_.Individuals, partnerships, and corpora-
tions mil. of dol .States and political subdivisions do
Interbank, domestic doInvestments, total do
U. S. Govt. direct obligations, total..doBills do. . . .Bonds doNotes do
Obligations fully guaranteed by TJ. S. Gov-ernment .mil. of dol..
Other securities doLoans, total do
Commercial, industrial, and agriculturalloans mil. of dol..
Open market paper __.doTo brokers and dealers in securities..doOther loans for purchasing or carrying
securities mil. of dol..Real estate loans doLoans to banks doOther loans do
Instalment loans to consumers:*By industrial banking companies:
Loans made doRepayments doAmount outstanding, end of month.__do
By personal finance companies:Loans made doRepayments doAmount outstanding, end of month...do
Money and interest rates:Bank rates to customers:
New York City ._..percent..7 other northern and eastern cities do11 southern and western cities. do
Bond yields, Moody's (see p. S-19).Discount rate (N. Y. F. R. Bank) doFederal land bank loans do...Federal intermediate credit bankloans.-do-..Open market rates, N. Y. C :
Prevailing rate:Acceptances, prime, bankers, 90 days
percentCom'l paper, prime, 4-6 months do...Time loans, 90 days (N. Y. S. E . ) -do. . . .
Average rate:Call loans, renewal (N. Y. S. E.)...doU. S. Treasury bills, 91 days do
Av. yield, U. S. Treas. notes, 3-5 yrs.-doSavings deposits:
Savings banks in New York State:Amount due depositors mil. of dol.
U. S. Postal Savings:Balance to credit of depositors doBalance on deposit in banks do
COMMERCIAL FAILURES!Grand total number..
Commercial service, total doConstruction, total doManufacturing and mining, total do
Mining (coal, oil, miscellaneous) doChemicals and allied products doFood and kindred products doLumber and products doIron and steel and products doLeather and leather products doMach inery doPaper, printing, and publishing doStone, clay, and glass products doTextile-mill products and apparel doTransportation equipment doMiscellaneous do
23, 704
2. 26602
2, 18420, 58320, 32223. 70415,86313,0515. 2106, 72391. 1
23,949
23, 6671, 604463
5,443
5, 243' 1749, 27217, 87211,2551 0807, 9292, 246
3, 0383, 57910, 453
5, 895377528
4581,244
401,911
1.004.001.50
Me
1. 00. 12.38
5, 628
1, 30431
97036511604825
21, 408
2,53102
2,46618, 12017, 75421, 40815, 21313, 7816, 8575,199
20, 510
20,1671, 434515
5, 352
5,146183
8, 57715, 1249, 202
7576, 3822,063
2,4053,5178,462
4,438301380
4711,199
401,633
47.042.6
278.3
79.170.3
471.0
2.002.493.38
1.004.001.50
Ms
VA
1.00.10.76
5,670
1,29343
1,1144861207
21, 801
2,48404
2, 44818, 57918, 20221,80115,57513, 4986,5145,24889.2
20, 984
20, 4991,497505
5, 341
5,144175
8,23915,4619, 457
7916, 5672,099
2,4183, 5868, 517
4,441291419
4741,210
401,642
45.344.2
279.4
78.472.7
476.7
1.004.001.50
1.00.05.57
5,631
1,29742
1,1755065206716302914411122
564
21
22,176
2,51604
2,43618. 95918, 61822, 17615, 86713,5416, 5255,37089.3
20,4151,440509
5, 380
5,174182
8, 50515, 6229 373' 7056. 5732,095
2,5843, 6658, 566
4,480294390
4631,219
481,672
42.642.0
280.0
76. 870.0
483. 5
1.004.001.50
1.00.04.58
5,629
1, 29841
1,12849491968921287914243
464
23
22,440
2,48505
2, 43419, 27218,94022, 44016, 06313, 7276,6555, 45089.6
21, 152
20, 7411, 463508
5,381
5,187170
8,73415,5449,280
6286, 5402, 112
2,5823,6828,785
4, 630297446
4601,220
411,691
41.038.5
282.5
69.268.4
484.3
2.142.563.43
1.004.001.50
Me
m1.00.05.48
5, 657
1, 29640
9764958
17378
22247
10
22, 865
2,41204
2,33319, 63219, 28922, 86516, 21814, 2086,9605, 57790.1
21, 858
21, 2661, 651506
5, 371
5,171175
8,70715,6939, 374
7366,8041,834
2,6273, 6928,909
4,773304410
4551,222
361.709
44.443.8283.1
74.374.1
484.5
1.004.001.50
Me
1.00.02.43
5,635
1,29638
1,1114471
20068
40
761420354219
23, 017
2,30404
2,19919, 88119, 58623,01716, 19114,2156,8495, 74390.6
22,189
21, 7711,495509
5,397
5,180192
8,84315,7749,543
7846, 8981, 861
2,7073, 5249, 128
4,911299467
4601,228
391,724
43.743.1283.7
77.474.8
487.1
1.004.001.50
Me
m1.00.02.34
5, 639
1,29937
1,0244053196615292214711191
44424
23,262
2,27403
2,18420,03619, 76023, 26216,12714,0266,6155, 93190.8
22, 299
22,3241,595451
5,455
5,234196
9,06516,1379,719
6116,9782,130
2,7433, 6759,390
5,018301584
4651,230
371,755
48.644.6
287.7
107.689.3
505. 4
2.002.533.36
1.004.001.50
i fv/ i H1.00
.02
.35
5,688
1,30436
1,086485718861330206106
113591
23
23, 306
2,25002
2.18420, 28519,91323, 30616, 39613, 9306, 3805,88491.0
22, 932
22,4011, 579
2145,448
5, 240185
9, 07616, 3689, 950
6857, 0512,214
2, 7443, 6749, 308
5, 076314458
4591,229
351,737
44.744.1
288. 3
68.270.1
503. 5
1.004.001.50
Me
1.00.02.43
5,664
1,31434
1,1244354
16177
2715665164
441
23, 528
2,26503
2,18420, 36620, 03123, 52816,35114, 2036, 5346,02291.0
23,431
22,8121,820332
5,478
5,273179
9, 25316, 95510, 334
7277, 0522, 555
2, 7663,8559, 495
5,227319478
4551,232
361,748
42.442.4
288.3
67.069.0501.5
1.004.001.50
Me
/21H
1.00.04.55
5,652
1, 31833
1,1296658182
23, 409
2,24303
2,18420, 43620,11223, 40916,27213, 3715, 7766.14391.2
23, 093
22, 5181,747396
5, 4(\5
5. 269171
9. 34317, 12410,578
7427, 6532, 183
3, 7939, 828
5, 465347504
4541, 228
521,778
50.747.5
291.5
84.980.3
506.1
2.062.533. 25
1. 004.001.50
1.00.11.50
5, 661
1,320
'31
1,211586018812103922
23, 686
2, 2340
2, 18420, 53320, 20423, 68616,22013, 5245, 7716, 28291. 3
23,1731, 903386
5, 476
5, 269181
9, 04317, 68010.812' 869
7, 7532, 190
3, 1153, 7539, 870
5, 532354465
4451,235
401, 799
51. 646. 6
296. 5
88.981.0514.0
1.004. 001.50
1.00.10.52
5, 627
1,317' 3 0
1, 149357019188
4418
413146363
30
23, 859
2, 28004
2,18420, 61520, 32523, 85916, 13213, 7245, 8016, 503
91. 1
24,311
23,612r 1,870
3905, 449
5, 240183
9, 22017,68910, 974
9297, 8332, 212
3, 0223, 693
10, 226
5,673367571
4511,239
421, 883
52. 547.5
301. 5
85. 380. 0
519. 3
1. 004.001.50
Me/2mLOO. 11.44
5, 604
1,31031
1,1194063
18164
36223
105
146
523
20r Revised.fRevised series. See footnote marked "f" on page S-14 of this issue.*New series. For data beginning 1929 for industrial banking companies, see p. 18 of the September 1940 Survey; data beginning 1929 for personal finance companies
be shown in a later issue.
S-14 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
June
1940 1941
June July AugustSep-
tember October Novem-ber
Decem-ber
Janu-ary
Febru-ary March April May
FINANCE—Continued
COMMERCIAL FAILURES!—Continued
Failures—Continued.Retail trade, total - - numberWholesale trade total do
Liabilities, grand total thous. of dol..Coinmercinl service, total . _ doConstruction, total doManufacturing and mining, total do
Mining (coal, oil, miscellaneous). _ do . .Chemicals and allied products... . . . .doFood and kindred products doLumber and products . . _ do _Iron and steel and products doLeather and leather products doMachinerv. . _.do __Paper, printing and publishing doStone, clay, and glass products doTextile-mill products and apparel do . . .Transportation equipment doMiscellaneous _. . . do .
Retail trade, total doWholesale trade, total . . _ . do _
LIFE INSURANCE
(Association of Life Insurance Presidents)
Assets, admitted, total* - mil. of dolMortgage loans, total . do
Farm . . . . . . . . . . . .do _.Other do
Real-estate holdings do _Policy lortns and premium notes doBonds and stocks held (book value), total
mil. of dol..Gov't. (domestic and foreign), total.do
U. S. Government... . . doPublic utility doRailroad . . . . doOther do
Cash doOther admitted assets . . . . . d o
Insurance written:®Policies and certificates, total number
thousands.-Group . . doIndustrial . . . _ . . . _ do .Ordinarv do
Value, total . thous. of dolGroup doIndustrial - _ doOrdinary do
Premium collections, total® doAnnuities . . . . . . d oGroup doIndustrial. . _ ._ _ . doOrdinarv do
(Liife Insurance Sales Research Bureau)
Insurance written, ordinary, total.thous. of dol.New England ._ . . . . . . doMiddle A J.lantic doEast North Central do _.West North Central do . . . .South Atlantic doEast South Central doWest South Central . . . d o . . . .Mountain doPacific do
Lapse rate* 1925-26~ 100
MONETARY STATISTICS
Foreign exchange rates:Argentina dol. per oaper pesoBelgium . _ . dol. per belgaBrazil, official dol. per milreisBritish India. dol. per rupee..Canada dol. per Canadian dol..Chile . - . ._ dol. per pesoColombia doFrance _ dol. per francGermany dol. per reichsmarkItaly _ _ dol per liraJapan . _ dol per yenMexico _ dol. per peso..Netherlands dol. per guilder..Sweden. _ dol. per krona..United Kingdom . dol. per £..
Gold:Monetary stock, U. S . . . ..mil. of dol__Movement, foreign:
Net release from earmark^ ..-thous. of doL.Exports doImports .-._ do
61998
9, 449401684
3,15515782
45120188
188113251
161, 030
328250
3,5911, 618
73S33
459216
619, 61764 450
135 t'33HO 534°7? 173
29, 85!)1° 51961, 120
168 675
594,16447, 099
154 975134,00855. 06963 41320, 79245, 38515 35552 068
. 298<*).061.301.882
(2).570
400. 053. 234. 205
. 2384.032
22, 624
3,9807
30, 719
685113
13, 7341,100
9844, 953
44440
1,00254813225128822682
1, 026140774
5,3141, 383
24, 4944, 591
6633, 9281,7142, 463
14, 3476, 5204,7213, 5452, 7081, 574
9 "2427
71435
446233
597, 45048, 946
128, 232420 272256, 608
25, 47311,59457,112
162, 429
553, 08641, 727
146,613123, 27054, 29058, 09424,71144,59514, 95644, 830
91
.298
.061
.301
.801
. 052
.5723. 020.400. 050. 234
; 1 8 4
'. 2383. 602
19,963
-437,2341,249
1,164,224
738116
16,213594847
7,0502, 250
25361934825464
909
1561, 484
58383
5, 9641, 758
24, 6234, 608
6633, 9451,7142,453
14, 5276.6514, 8523, 5722, 6991, 605
897424
69733
428235
605, 32643, 520
124,192437,614267,714
35, 04312,81255, 547
164,312
566, 06140, 743
151,409129,28458, 09757, 63322, 21845, 34914,89346, 435
.298
.061
.301
. 869
.052
.571
.400
. 050
. 234
.199
.2383.805
20,463
-55,0648
519,983
732102
12, 997502
1, 2724,386
42131
770845123197325288
161,171
40159
5,0561,721
24,7194,621
6633, 9581,7162, 445
14. 6246, 7384, 9293. 5792,0941,613
888425
68332
426225
579,28353, 757
123,111402,415246. 254
22 85412, 33955,451
155.610
528, 33039, 632
133,296119, 57254,87752, 75120, 88242,67415,99448, 652
.298
.061
.301
.869
.052
.570
.400
.050
.234
.200
.2383.979
20,913
66,97610
351, 563
588108
11, 397541893
4,7401, 345
195272866
4986
146399112695259316
3, 5631,660
24,8694, 650
6633, 9871,7102, 436
14,6926,8114, 9913, 5982, 7171, 566
922459
69128
443220
549, 95540,720
127,974381 201248, 824
25, 93812, 30360, 409
150,174
503, 42738, 056
129, 066113,82150,23851,66820,91342.64712, 75844, 260
.298
.061
.302
.855
.052
.570
.399
.050
.234
.199
.2384.034
21, 244
36, 62813
334,113
681115
12,715574854
5,247361432
1,074297
92100142890
691, 443
37380
4,1941,846
24,9634.670
6664, 0041,7072,425
14,7696,8194, 9833, 6222, 7311, 597
933459
79835
506256
648, 90355, 244
146, 465447, 104246, 403
21,94112, 36851, 766
160, 328
573, 50444, 112
158, 087130,68756,17356, 98721, 62441,77814,74749, 309
.298
.061
.302
.863
.052
.570
.400
.050
.234
.203
.2384.033
21, 506
-117,947j 7
325, 981
64689
16, 572596838
9, 0903, 067
4441,512
358369
75175250
25838
1, 399578
4, 6991,349
25,0764, 694
6644, 0301, 7012,413
14,8516, 8665,0103,6192 74 51,621
955402
72128
468226
560.91234,256
134,859391, 797251, 508
28, 45411,84456, 278
154,932
505, 47438,381
139, 103115,94047, 32850, 65419,44037,90812,92443, 796
.298
.061
.302
.869
. 052
.570
.400
.050
.234
.204
.2384.036
21,801
- 3 9 , 4956
330,113
691102
13, 309665
1,0435, 928
117441
2,34725470815872
259422873
15262
4,0971,576
25,1704, 697
6634 0341,6612, 398
15,0346. 8895, 0363,7842, 6891, 672
862518
80067
494238
694, 740108, 003142,371444 366357,173
51, 18514, 95691, 469
199, 563
596, 53440, 072
159,584137, 45958, 52761,07225, 23046, 64416, 37051, 576
93
.298
.061
.302
.866
.052
.571
.400
.050
.234
.204
.2384.035
21,995
7,4173
137,178
77195
11,888359599
4,21719788
894293555214
29524163820
7433
5,0841,629
25, 2994, 710
6584 0521, 6532,383
15,0326, 8835,0453, 7752, 7021,6721 006
515
68930
439219
573,12435, 744
126,458410 922285, 226
39,08115, 33660,863
169, 346
522 76243,' 440
151,318121,16446, 96349, 47319, 20735, 97312.34842, 876
.298
.061
.301
.848
.052
.571(2).400. 050.234.205
.2384.034
22,116
-52 ,8124
234. 246
719104
13, 483552836
5, 983294172
1, 05276535412750318524
600619
1. 2884 5011,611
25 4004 727
6654 0621 6432; 371
14,9716, 7444,9103 7942 7171 716
522
797',32464231
589. 37044 251
136 Ififi408 953204'175
23. 64015 9325fi, 279
168 324
537, 55746. 549
148 981126, 13649. 50950, 21720, 20139, 82912 48143, 654
.298
.061
.301
.837
.052
.570
.400
.050
.234
.205
.2384.030
22, 232
-45 ,1536
108, 615
800105
13,444855765
3, 647394
781, 051
2S2215
5685
52325
359119460
6,1282,049
25, 5514, 744
6634 0811,6322,358
15. 1160, 7784, 9433 8792,7191,740l 144
557
81643
514259
42, 72114S. 978455 2°62S0, 753
26. 49413,56162,514
178, 184
598,21746,533
160, 635138.61254,63459.03025, 15647.98614,51751,114
.298
.061
. 301
.850
. 052
. 570
.400
. 050
. 234
.205
.2384. 032
22? 367
2133
118,569
745108
13,827573
1,1204, 421
202103
1,493451
20271240250434
55645
3,9703,743
25, 6554. 759
6664 0931.6182,347
15,1856, 7924, 9613,9312,7171 7451 192
554
78424
502259
661 62751 096
147,462463 069261,495
21,41412,96561,977
165, 139
597,20347,503
161 8)0136, 93156, 02060, 59924, 58343,59115,85450, 312
.298
.061
.301
.877
. 052
.570
400.050. 234. 20"
. 2384. 025
22, 506
-10 ,494
' 171,994
735100
10,065647913
2 777'lO4
19807215
9311011916895
712175160
4, 765963
25, 7524,778
6694 1091. 6072, 335
15. 2436, 7S84, 9623, 9652. 7201 7701 201
588
81237
516259
660, 07549,812
151.391458 872265,108
25. 38914,14256.964
168, 613
604,16249,078
161 514140, 48057,07661,16024, 52441,65015. 69252, 988
. 298
. 061
.301
.8741 052. 570
.400
. 051
. 234
. 205
. 2384. 031
22, 575
- 3 , 8 4 65
• 34,835r Revised. * Average for May 1-20. * No quotation. 3 Average for June 1-15. 1Or increase in earmarked gold (—).J37 companies through 1940 and 36 companies in 1941 having 82 percent of total assets of all United States legal reserve companies.(8)40 companies through 1940 and 39 companies in 1941 having 82 percent of total life insurance outstanding in all United States legal reserve companies,fRevised series. For data beginning January 1940 and an explanation of the revision, see p. 32 of the March 1941 Survey. For previous revision of 1939 data, see p. 31 of
the March 1940 Survey.
August 1041 SURVEY OF CURRENT BUSINESS S-15
Monthly statistics through December 1839, to- 1941gether with explanatory notes and referencesto the sources of the data, may be found in the T1940 Supplement to the Survey June July
FIN AN CE—Continued
285. 1549.612
5, 047
2, 324
MONETARY STATISTICS-Continued
Gold—Continued.Production, estimated world total, outside
U. S. S. R thous. of dol...Keported monthly, total! do
Africa . doCanada doUnited States© do
Receipts at mint, domestic (unrefined)fine ounces...
Currency in circulation, total mil. of doL.Silver: j
Exports - thous. of doL..| 210Imports do | 4, 099Price at New York doi. per fine oz_.j .348Production, world thous. of fine oz i _
Canada§ - do IMexico doUnited States do
Stocks, refinery, end of month:United States do
CORPORATION PROFITS(Quarterly)
Federal Reserve Bank of New York:Industrial corporations, total (168 cos.) t
mil. of doL .Autos, parts, and accessories (28 cos.).doChemicals (13 cos.) doFood and beverages (19 cos.) doMachinery and machine manufacturing
(17 cos.)"_ . ...mil. of dol.'.Metals and mining (12 cos.) doPetroleum (13 cos.) ..doSteel (l 1 cos.) '... doMiscellaneous (55 cos.) + do
Public utilities, except steam railways andtelephone companies (net, income) (52 cos.)
mil. of dol..Federal Communications Commission:
Telephones (net op. income) (91 cos.)--do._.Interstate Commerce Commission:
Railways, class I (net income) doStandard and Poor's Corporation (earnings) :A
Combined index, unadjusted* 1926 = 100. .1Industrials (119 cos.) do !...Railroads (class 1)• . doUtilities (13 cos.) do I
PUBLIC FINANCE (FEDERAL) j
Debt, gross, end of month mil. of dol ! 48, 961Public issues: J
Interest bearing do.... i 42,207Noninterest bearing do. .
Special issues to government agencies andtrust funds mil. of dol.. -
Obligations fully guaranteed by U. S. Gov't:Tot U mi unt'nitstTd1'rprc?1 mil of dol
I < <i< il I ii m Moiigiefe Corp JOHome O\\ n< / ' I o in Corpor ltion doR( construction I iTi nice Corp do
]< \p( nditurt s tot il t thous of do] 1 i>\ i t ion il d e k n e do M>~^ n c u l m i l idiu t u n ' i t pio i n n * d o •>]\ i en plo\ ihf m r( In f do 1 i (
I r '!>.{( rs to tms t i t coun t s t
74
6, 120
u TO
1 J.)2 P')1 711
do
no
<.3odo
I >< bt K • in m< nN\11 o the i* . .
R( (< i p r s totalR(C( pts , n«t*
Cusl( msIr ti n 1 ' (ne i iue tot il
I I ((Kill t IV 1
T i \ ( s 1 onivWimi MODS to theaters , t t r ®Capit il sto*-k t r i i i s fn- \ < te ®
O A d i i n c n t COII or tion^ and c u d i t i j-ercu\ w < c v i p * rtc riirenc> , tot"l r r ' l of iol
I ( u and f rt ic ntd <?t' ck, t< ti'1 noT o i is to fimnaal insfitutiors (nicl pre
lerred stock) mil. of dol. .Loans to railroads... doHome and housing mortgage loans..doFarm mortgage and other agricultural
loans I mil. of dol...Allother_ do
U S obligations diiect and fhllv euprin-tced _ . . _ _ mil of Jol .
PUMDO^ property - . _. doPropei tv he Id for sale _ _ doMl other assets . . __ .do
17 12s21 i -
• ' i i y >2
1 271 0 0 )S I
'2 I ( s<r 1 (
103,810 |r 100,700r 87,060 | ' 92, 605
45, 517 I 46,985r 15,819 r 30,007r 15. 105 ! r 19, .109
231,486 j 308,3307,848 7,883
8844, 673
.34823, 423
3, 0966,5115,373
3.424
226.072. 332. 821.0
9.03 9
12.138. 136.8
155, 378
. 34823, 091
2, 0426,8615, 530
3,997
August
1940
Sep-tember October Novem-1 Decem-
ber berJarm- j F c b m .
a i y I arv
1 9 4 1
March April M a y
109,305 !'106,.r>0f> jr 113, 330 '108,080 j'107,s(-n 106,01;, - idO, !5<)92,557 I ' 89,072 j r 97,80347,212 I 46,0fi() 47,548
• 16, :>>43 i r 1 5 . 4 4 0 j >• 16 , 3S6• 16, 294 | r 17, :<24 ! r 22, 004
••92.522 ! v 91, 85246,711 ! 40,2V i15,775 | r 15, 7 M )19,052 I r 19 ii'j|
307, 7£0 i 341,402 j 447,526 j 397,336 j 338.0068,059 j 8,151
52.0
61.9
1.6
87.295.10.9 I
136.4 !
1804,107.348
22,836 !1,791 |8, 120 .'4, 419
1,605
139 |4,656 |.348 !
23.835 j1,795 !7,990 I5,049 I
8,300 |
87 I4.857 I.348 j
72, 9001, 6737, 0905, 609
8,522 8, 732
68 i 1234,721 i 4,690.348 j .348
23,145 | r 20, ('451 , 7 0 87 , 1 0 46 , 3 6 7
1,557 I 1,522 j 2,107
184. 519.430. 217.7
" 4", 277 . /' 14, 12')1 '., 199 ! It, 44()
L"06 Ki j 23°, Ofns, 5<!3 | b, 7S1
3191, T76. 3 is
8.24. 78.6
58. 836. 9
44.2
55. 9
68.5
1,6124, .».'1S6, 499 i
1,730
2S^ 7s7. 231* 1
p n^ 60 2
1,792
1 2'-!. 20s
1, 357
b, 009
1,340
1
,"
o
05*017
16,
1t
~1,6,6,
\ 11551 1Osl62902'!
noi921
OIS1Sfj3 r.S,"008023394 '.5
1 0 1 . M>0i' ss "is6i 10, -<9si \ \ 'is!
l«i . 4 1 3
2\)2 2'A'». 071
!. M M
-•> I S
7, 152
> 17" 1."
! • •
2'\u
(
19~)i
s i22
17".7
1517IS
!
2,382 | 1,619 2, 181
78.479.940.7
109. 5
42, 971
37,605591
4, 775
43,774
38, 337584
4,853
1 269 I ],'>O2 f f 3 4 2 (»J1V u m i i ( %
' * 880 i S () -,i) )
1 9 If r
"SI 2 s
rl 0,86)i 1 > )20
43, 909
387 386589
4,934
5, SI2
2 "271 )9',
70S SJ
7( t h1-t' '
» 1 )
2 f>1
t) 1 1
if '> Ss
44, 075
38,419593
I
5, 063 I 5,102
\ SOS ' "),810
1,2 9 I 12°
2 ( 2\ 2 ' 211 0M7 , 1 097 i
"M 2"b S70 _»,i i1 j r > 2 0 >s~ 177 1I 71 , M) I (2 H)2
I '17 111 n l10 0 )0 0
]»7 S71 75 2,11 704 1 2\\
i'»7 (12 - 0 -8611 \2\ >(> ' .
7 O s 4 , ^ { > s•>71
44,140 j 44, 277
38.462 ! 38,502'"""" 566
62.9
124. 5
' 112.3' 115.5
71.2140.0 !
i , ,Mi I\2 \
70.9
69.9
45,039 j 45,890 | 46, 117
1 > t 9
2 f l <00
39,102
568
5, 370
1,916
] 2f(«
1 \)h
39,908 ] 40,028o54
5,534
22, t»27 2C
h 2 "10 V\Ul (h) V
\ 1
12 ()218,470
1,212524
2, 323
3,2241, 187
8705(2
1,067 ,
1 ?, 002S, olA
1,202552
2,342
3,2332,185 j
871567
1, 0H71 0/3
1? 4108,62 5
1, 189 i" 553 I
2,336 I
3,3491,197 !
5M)
j of 11, .12
12 T J8, '83
1, 194513
2, 348
3, 3281,200
"' 7P !
12 W*s, ( 13
1,198 j
2,387
3, 3021, 214
S3 4
2, IM
,-•> 1 > I1 )<) "v._1 > J <
:- , 1 '1 223 1
2 2S1, W
1 _i )
2 1 1 >
1 1 1 - 1 1 I d " \ ^
I
I
2 1(9
v 106. 8p 112.0v 43. 0
p 145. 5
'47,170
' • 40 ,901r 593
.'. 6S3
1 <)
2 i l
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1 i -*-
l ( 2 r1 I 1) S
n ( ID
1
.1 * r
l t - " 1
1 (1)
l ,1 1 /
1 ' 1
A ^
47,
40
121
1 n
( !
1)
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( >
1<
231
9655
70
-<•
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47,
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11
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3'2(501
834
''71
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_17P
( ~< Oi
71 {_
(
n
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( 1 (
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_ 11
824"70 "',7
1 OS! 1 1 0011 iH I 2ou
12 IS8, ISO
1 208 j515 I
2,387 I
3, 280 I1,291 i
(.01l.in '1, 2°0 1
12 500S, tji 2
516!, 390
3, 2571,298
82959 i
i,174523
2, 424
3, 2081, 309
Sr0
" l )
1,1 db518
2, r,05
3, 21'.?1,352
J , 1 l o 1
523 I2.406 I
i3,251 11,380 I
sso0 0 2
I s_ I J i n s( N >» H i
1 . 1 0 , - , i 1 , (><)<>
.'{. 334J, 409 1,472
!') >
1• I
11
f H< \ i s e d P L ' r e l i n m i r \ « \ i r n b i - o f u r >t i n n . •> \ »r •i V n ' C J f d u n n ? t h e st c o h t i q u a r r ' J 01 l ^ i i ) ?* d u e e u I \ A m j n i l H i o i v u r p 1 i t i o r ^ M t i n m v M 1 ! 1
® E \ c l u d ( ^ c o l l e c t i o n ^ f i i T r i r a t n i u l i ' d i r s ' t ^ f s u m u r i a \ ( u u i \ t t o f l " 1 0 c f ' h ' 1 > 1 1 ' P I) i t 1 i c p o i t e d b s ( b o (. i n i l u ' i u i U ' i m i i e n t s e e i i o t e i i n ' ' 1 ' ^ i , n p -> if t •> • i n n 1 (
« J } ^ j ° r i m r c \ M f h ^ p i d N 1 0 , w \ c r c ' I r e i t l e p o i t s n o i n f n i r i n M ^ a n s i r e 1 1 ' k m i i l i » ( •r e n t i e i o i t u o a \ u l a b k a t i l u t m u )f ( H M i i n i l J i o n t h e 1 i s i H m , \ t t d r u u i e i < - t a i i u d i o i \ a i d i tif o r B e i j ; 1 u i L o i u r o , f o n i i r i \ m i l u ( h d 1 1 ' 1 , H I P S fv)i V f r i ( ' x . M d t o t 11 n p o HH\ i u o i > t h h u e v c i ' n U dr e p o r t e d f i r u i e s f o r H e l g u i i L o n L r o l n i O ' i n t * 1 t o 0 1 t w e e p V r<T d '* p< r c e n t o f ty • t n 11 »< p o r t ' i t o i V U K 1
t K r w - u l I I K * . 1 ) i t 1 o n t o t 1] e \ p c f i ( I i t i a f > N m<\ n m ^ f e i t u ) ? u t di {owii<* ? c v i < <' r • ^ r , u ,i l i ' , 7 , 111 1t h e J N o v o n b m 19»O M u \ e \
* \ p \ \ ^ i j c , 1 i 1 (j i t 1 o n n o t M M e i ] t - b c . j n n n < J r ) P T i a r \ 1917 e e T i l 1c " 0 , \> I s of I I H V > \ < m l »1 1 J 4 0 - U 1 \ <b e s h o v M i i n t s u b s c c i ' i ^ i * ' ^ r c
O K . 1 , T ' ^ t 1 . ) ! l u m n il U M P i l l h n i i J]"> l * l i 1» ) t M » r '• i m \ | . r if ' t " 1 i ' i 4< r n i T 1
.f t . *>l ir nr u i r u i t f e 1«
H 1^ < f t i n \ ' i i i t i i ' b
romp r It llif\ of th» ilM
»« t ! I1) 1 L U K
! I
^ 1 1 I ' I 1 ' l l \
.1 1!
! 1,'01
c h1C3 n 'i
r 'u ! 1 a M
•III MMi 1 I M I J V 11 111 p f " 1 ) H 1 1 ' t
[« U 111 1 <i i t O P Mt V i t r H i d I 1 1 l i t , I*
\ M in 1 1 ( irn ! t ir ' • ' ii Mi f iK in M
1 " - 1 J»V)
i t! t ' " ' ' » , I IK"
» . u 1 , p ' it b
\ \ h t 11 in cu ts t 1 l i f |OJ ,« . f 4tc4
[ l ! ) ' rU ! I S f
v j i i e ' l ' i u n ^ s\\\
"1 •! 1 HI! KMI1 I
S-16 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
June
1940 1941
Juno July October Novem-ber
Deccm- jber i
Janu-ary
Febru-ary
March j April j May
FINANCE—Continued
P U B L I C F I N A N C E ( F E D E R A L ) — C o n .Government corps, and credit agencies—Con.
Liabilities, other than interagency, totalmil. of dol.
Bonds, notes, and debentures:Guaranteed by the U. S doOther do .
Other liabilities including reserves .. doPrivately owned interests .. . , do _Proprietary interests of the U. S. Oovorn-
ment _ mil. of dol .Reconstruction Finance Corporation, leans out-
standing, end of month: Grand totalt thous. of <Io»
Section 5 as amended, total do .Banks and trust companies, including
receivers thous. of doiBuilding and loan associations . . . do . .Insurance companies do ..Mortgage loan companies do. . .Railroads, including receivers do . .All other under Section 5 .. . .do
Emerg. Rel. and Censtr. Act, as amended:Self-liquidating projects (including financ-
ing repairs) thous. of dol.. jFinancing of exports of agricultural sur-
pluses thous. of d'ilFinancing of agricultural fomniDdit!^
and livestock .. thous. of <W._Direct loans to business enterprises (inoliM- J
ing participations)... ._thous. of dol..iAuthorizations for national defense under j
the Act of June 25, 1940*. ..thou" of dolTotal, Bank Conservation Act. as amended
thous. of dol _Drainage, levee, irrigation, etc . . . . . d o . .Other loans and authorizations^-. - do .._
CAPITAL FLOTATIONSSecurity Registrationst
(Securities and Exchange Commission)Total securities effective under the Securities
Act of 1933 .._..thous. of dol..Substitute securities* doRegistered for account of others doRegistered for account of issuers, exclusive of
substitute securities thous. of doL.Not proposed for sale do . .Proposed for sale:
Cost of flotation:Compensation to underwriters, agents,
etc thous. of dol._Expanses do._._
Net proceeds, total . doTo be used for:
New money doPurchase of:
Securities for investment doSecurities for affiliation doOther assets...- do
Repayment of funded debt doRepayment of other debt doRetirement of preferred stock. _ _ doOrganization expense doM iseeilaneous do
Gross amount of securities less securities re-served for conversion or substitution, total
thous. of dol...Type of security:
Secured bond's doUnsecured bonds doPreferred srock doCommon stock doCertificates of participation, etc do
Type of registrant;Extractive industries doManufacturing industries doFinancial and investment doTransportation and communications.doElectric light, power, heat, gas and water
thous. of dol .Other.. do . . .
Securities Issuedt{Commercial and Financial Chronicle)
Securities issued, b \ t \ p e o f s e c u n U , total (leucapital and refunding) thous of ( ul
N e w capital total doDomest ic , tot il 0L
Corpor vte total 'cBonds >n i note*
Loiif t e rm loShort tern o
Prefer n Mocks >Comn on stocks j >
. i(.;o
57
,452
,493
. I l l>, 499
•• 005
^ 1 I1 I _
, 977 7,842 I 8,400 | 8,403
5,1,1,
529 i343 1105 !40.5 !
5,3,
526351904406
5,811 !1.354 j3,234 i407 i
5, 8091,3561, 238410
8,406
5 80S |1,354 !1,243 !
412 I
3, 639
1,635,270720, 085
87, 7614, 3472.331
145,951475, 8563.839
19,915
47
525 j
130, 732
574, 558S3,596105, 797
S2, 5775,694
418
3, 844
1,651,829749, 921
86,303
I ! I3,003 3,558 I 3,580
1,651,616 1.621,602 11,648,746753,087 I 715,778 720.324
4, 2702, 313
146, 637506,6233, 775
.19, 784
47
521
129, 945
1,010
570,77883,29996,524
200, 313457
4, 140
76,464 I 195.71520,225 ! 429
85. 2264, 6252, 188
149, 737507. 6273, 684
47
520
129,371
2, 055
563,56183, 22399, 242
123. 242 I' 422
32, 246 ;
90. 57416,717
83, 8984, 5972, 176
151,456470, 039
3.612
21. 262
47
520
128,676
12,844
564,51683.36094, 599
15, 4055,851
109, 32414. 162 i
83.1104. 6902, 105
157.094469, 769
3, 554
31,785
47
445
8, 579
5,9191,4221,237
413
3, 526
1.697,38(5751, 498
109,2144, 5812. 077
159.534472, 596
3, 498
8, 526
5,9171,3951, 214
415
3,559
8,599
5,0151, 3891. 294
3,629
8,592
1,712,638 jl,804,379 11,940.015763,653 770,730 | 768, 5HQ
115, 0284, 2681, 09S
165, 118473, 881
3, 360
5,014.386
8, 096
5. 916
9. 377
('), 560 b. 3711,434
h 2 9 2 | l[ 391 I 1,432 I 1,492418 421 422 423
3, 666 j 3. 792
112, 02'i3, 9981, 906
308,044481,961
108,7714, 2021,790
i 69, 027481,977
2, 753
19 581 19,511 19,486 i 19,443
445
47
443
47
443
127,906 | 126,008 121,678 j 119,061
27, 316
504, 74483,409
63, 864
559.42083,. 507
92,772 ! 94,141
51,387
556,71183, 460115,875
71.249
649. 195
90, 930
3,
278,
101.748 I 3 2 2 , 0 I S j2, 862 | 0 i4 > 7 5 8 j 4, 859 j
154, 128 | 317, 760 j46,931 i 25,594 j
47
443
1.981,699773,899
105, 8084', 3681, 742
372,452486, 8772.652
47
443
117,464 I 115.827
468.85382,897
137, 171
S3. 10138!), 260
3, 184
102.7024. si:-?
2; 435
18.'Uo
47
443
114.47S
1*S. 244
460, 313
j 102, V2s
0 [ 2,3**7)() I 3,514
V,i \ 179,58420 1 18, 242 j 33Ji33
I1,959 I 4,523358 1,182
53,923 189,581
4,293
9, 030279
0
22, 984
2,0160
200
3,410 !374 i
70,074 I
3, 248 !657 |
91, 257
31,996 j 45,432
38,155 i 161,4238
2, 139 I
0 !18 i
9971, 909
1
18.039 j•537 '
60 I19,181 !
60 j
Si196
4, 36315220
37, 3422. 6941. 123
132 i
•,874 !. 233 I1,019 !
3,747 M 8 2695 1,626
102 755 ! 283, 60S
14,899 I 9,309
233
33, 863
4,612249
13,381820 I 173
69> 825 ! 223, 900681 I 1-934
9,427 i 18,25610 ! 0 !40 I 672
10j 6771, 226
354, 025
18, 165
152,84200
154,0662. 09325,711
01,14*
1,174 i874 1
159,294
13,069
01.372
0128,97313.0002. 268(")H13
2,088.893752, 300
99. 3014, 59}l,09ti
174, t>}0
Ib. ."vO
47
439
154,305
239. 194
4.'s, 1717-1. 497
I I i76,852 199,591 j 116. 7S0 j 115.167 j 273.307 ! 158,886 I S
58,1440
2,2646, 7999. 685
755 7269, 8354, 337
105, 14872, 00011,0409, 2092,194
3,97481,3962 186' 0
6, 65024.87816, 46557,91710. 870
2855, 20519.407
500
39,541 j 230,483 70,6077.1.4L'9 \ 1,70623,869 i 24,2tt3
7.397 26,578130 ; 35.672
22.59816.01619,37517,637
50 1, 731
6. SI5 1.779 i 49,9260 7,722 ! 200
„ 3. 17738.158 | 70.097
117, or,l i r , 3i»4N 9071 5 , :..")2
35
2:0
•<".$ 713 '
31 s.'r
Y',. 119
3/.505^' S32
'20122,411
46, 800
23,4930
13346, 038
' 5405, 069
0337
• ; : " !n I
H, r?2 12.1 -1
89, 839
J9, S78
11,3390
1. 5f»451.953
1.S02175
<• 1 0• V ' M ' 1 1 4 3 T 7 2 4 . ( ^ ) 7
0,353 I i_P,.W j1 . , 9}h'> I'v.
54,700 ! 111.676 ! 13,3192,210 I 359 28,323
50. 386 ! 189.8337. 058 700
78,052 ! 171,3601
78,052 ! 171,360 13. M.S 151.3H j10,734 I 1], 710 I 3 , ^ 7 ; 4,122 j
43.on2") '»70
0 i 2, !0s
5 1 . 3 H i S7 .729
' l f -)()
' ( H
91 )t
1 4S)
"11 S97100 00t( 0 I 0
n S35
4" 3s"
21231]i n
( "s
i\
or
400f)
"•711 0 ( 1
- " M l
r " SHT \~ ~ >K
1 (
1 0»0
"2 f 120
3° 42"1 899 1 [i
»0 ' I I) I h ' 1Ml 1*0 I I) I r I
i U. H I
2
4
i
03"01
f~
1
0
I
11
Is
\11 1
> i l lf 3i 1
t)
i -
r ) > I 1
• r1 j
t i
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»• Revised « J_es^ J n n soOO ^It Hi ic n1 Include^ $151 JOU 000 in 1 ice mouT t uist ilm* 1 t e ntRevised s u i t D U i on s e c u n t \ r< 1 r n l m s n v i s
tion Finance C orj ( rat ion m l ( t h 1 s T uithoijz uoiadvanced in \ i i-\ir s I T I HI *" d u n i[ 1 ) } ') n \ n s i(issue. D a t a b(-iinni i:r 7 i h l'^Ofor "o f l i "1 n> nd iuf lorR F C to aid in nUion 1] di fn ( no^\ i r d L d t d iii U I T ; K I I 7 Uionssuch revisions are not c i r n t u into tl e U t i l l
*New sei les For d a t i b e ° m n i n c 1938 i( r SJ V >titut( MCU> tu , v i e t i l h t~, p 1 ol tht "Ncvunbi r 1 U(pat ions and pur r raso^ oJ Pipit i l«fork n onrnor m i <>< itr<l i-\ t* < K i r n n ^ n r 1 n I mai CM ( or})u inon t
i t rs i n ] ] ) it p m ' i u 1 i u t •> it n * of1 m i r 1 u\a n t t i n tk 1< u n t \ t p e (
1 b t ^ m n j l i i u « \ l >38 < u t i t l p t " p 1 rf \h1 u inn n T ] u u \ ' 9 - r t " > r v l u d
1 u 1 i< r 1 ' r 01 1 f 1 l o m I n v ( 1 0 \ iu i 1u s i l o n \ ^ i h i i t ' i i M a ' J 4 1 ^ u x ^
t i n i Ji u < C ( . v > n i n o t h e r r< i : p r
tu
i ! •1 r 1
1 1 T i
ir( 1 1 )
t o o c ' '^ b s*
1 H) - 1
fl« ( i
1 1 nAii'hon/
h*T]< n 1 ]*
d
i th(
1 \
( i s l
1)
i i ir^ur (\p u n •in ii 1
J r f l
1 ii t ^ 1 ]
1 T et ift c 1 m
in c r,i h i t 1
of this A si
> n < t» t Ke(. t ( n ^ ' u 1 <M M 1 f IK. (D I i l f 1 ( r f t r
t s r 1 '1 n t i l c
10',. o i l
3'1. V>!
3, \<s:i
159. 771»
12.642
"' loo
144,3(f()206101
7') •
\ (r J J4I)
1 b \ Hiel i n e a r K
) I J ( ' ( 1 i ? T V f f
August 1941 SURVEY OF CURRENT BUSINESS S-17
Monthly statistics through December 1939, to- 1941gether with explanatory notes and referencesto the sources of the data, may be found in the j y,,nr1940 Supplement to the Survey j
1940
June July October j "ovem-j De«m.
1941
Janu-ary
Febru-ary March April M a y
FINANCE—Continued
d > (
p * wf 1 I
CAPITAL FLOTATIONS—Continued
Securities Issued \—Continued(Commercial and Financial Chronicle)
Securities issued, by type of security-- Con.
TUmustie—f o'liinui d1 arm loan md other Gown** nt v "
f'H S ?1 Otii of ]( ' |MuiHcipnl, ^t itt, etc . . do ]
I o n ign, tot il doC oij)( r i te _ do jGowrnni tn t no ,I nii( d M it< po-iSi s K ns do ]
Ktfuud'Mg, tot ,il)nnu stic, to* ii
Corpor \\o, to* i1
Bond-, did nof^sLon*t. r nSnort b nn ! > j
Pit fern d <-* •» k^ no 1Conrnoii sto ks
Farm loin ana otlur g o u ' P ^ jcies 1 no
Mania ' / 1, StiU . offPon IUI , fo'al
C orpo* itv^ 0 \ ' r n i n e n tI n f c l M ">t <• r>< s^os>io is
Coiporah securinfo j >ut d 1 \ ivpt r t i l
\~< w i init il. totalTndustn dIn \ i s tment t iu^ t s tndips;,
coin]) u r n s etcL md, bu Idiue:^ < tc ao '"1 UMK utilities < > i - sK tiho idb 10 i 2^liinpmt.T md iiiiscell meous c o
Tiefun'i in, tOtaL. _ Jo 1' •>Indu tna l do ~lIn\e<-t ' iu nt t r u ^ b , f idi 'ig, m d p ' l d n '
T> md, b u i l d u p s etc Co ' >-v
Pub l i c uMUtus (o s iR-Mlrouis ? » I ' v
bhiijp]»ij[ m d T us(.el' in ous ' 'o I O'IDomest ic l^bde^for pi odu f t n e i csf 'M n ( f i^ i * .
T o t i l . x nixl o fd j ] !Corpor lie }iMunic ipa l , s t a t e , etc du j -
ff b,Jious
tlhlhous
3
h{
f
\^}(
0
III
(Bond Buyer)State and municipal issues:
Permanent (long term) thous. ofdoL.Temporary (short term) _ _. do
COMMODITY MARKETSVolume of t rading in grain futures:
Wheat ." mil. of b u .Corn . _ d o. _ _
78, 301
SECURITY MARKETSBrokers' Balances (N. Y. S. E. members
carrying marg in accounts)
Customers' debit balances (net) mil. of do]__C ash on hand and in banks doMoney borrowed doCustomers' free credit balances do
BondsPrices:
Average price oi all list*.-* w.nds (X. Y. S. V:.)dollars i
Domestic . . - do \Foreign. - . . . - - do ...I
Standard and Poor's Corporation:§ |Composite (00 bonds) ..dol. per ijWOO nond
Industrials (20 hoods) " doPublic utilities (20 bunds) do .Kails (20 bonds) . . __ ._ _ do _
Domestic municipals (15 bonds) .. . do .U. S. Treasury bonds t . _ do . j 11
Sales (Securities and Exchange Commission): jTotal on all roistered exchanges: j
Market value. .. . . . . . ..ihous. of (Lol._ 0",Face value _ . . . . . do _
On » \ v York Stock Exchange:Market value . . . . . .Face \nluo _ „ .
Ex( lnsivo of stopped sales (NT. Y. S. I".)!ac(-value, total ih<»us. of ilol
r . S. Government. . d^Other than U. S. Govt., total .do ..
.do .do i 1 i
616186395
i'4.S()9^00iT.75)
s5. 800 1
KU. 1
J2(>. 2
17:i. 21 .">
\ 2'l(i
Foreign.,
I!'.'. I'Ml.iiiu
! Is. lh>VA\ 1" i
sO 4 >S | 0 I
i 1 o( U, rs
0 |0
0 I) i
Us
0
I " I KM
12 000
0 ,
0 I 2 20040
!' l17
122 J' I1- ' »'• 1
)0 i
"i ! 1 I M
2 '( ) ' 0 '5 s "i 2
11 3,0
. ,3M00o0
ll> ()S!) 9S i
2 0 s , M i l
1 7 . i JS
111 2r0 77
00 '
4 : i ' i
101 '",h '1 700
0 i427 i
H 020
1 S I
0
•00 i 17s o i i >
ij213 I
0
0
9. 44086, 237
0000
223. 242223, 242115,288
r 83, 6800
31, 6070
4.00092, 829
0000
l>- \r 201, 9220 r 86, 634
•11 i 20,612
o
1 0 ,
111 -i0 lM
1 o 1) I is , in
1 " I'27 Hi2
1 307
i, nffO
246. 88S ! 178,06175,692 | 234,366
43270
sis267 I
00. \ i j
St. 708. 752. 0
114. 6104.8
495
642213376261
90.96 I
40.64 I
81.2 !86. 3 I
100.2 I57. 1
120.4106.3
89, 29177,354
45181
631215368256
1-: - o !43'. 28
Si 58(i. 8
12K2106.7 I
40 S
77,622 ! 182,403100, 95
36062
635218370268
117, 406
36066 !
653 |203 '381 j269 i
79, 802167, 225
40691
202. 40296, 146
28368
1 7 5 , 3 8 9
PJ.Os i9b. 56 i43.07 I
;122.3 ;107.7 i
I89. 2 "•
100.6 j(il.O 1
i 2 i . 6 ii
214383 1280 :
15. ',0
10(i. 5u0. 9
204427281
98. 10 !45. tf !
SI. 0 j
Kil)'.76!. 1
129.3111.8
661207399275
9-10597.16 i45.81 !
1 7 7 , 0 5 7
634199
0106
r 39,6613, 120
17.136115,288
r 41,500
02, 876
67, 6023, 000
309
1025349
104, 23863, 074
43958
633199387268
645, 44260,416
85000
850'174,738"174. 738-107,181
• 106, 472709
00
27, 72539, 833
0000
146, 65039. 470
8, 781
047
18.40!9, 1003, 141
•1 07,181r 37, 007
01.929
39, 1864, 00025, 05^
101,975'• 89, 394
90. 5101.2(H.3
I
90.317 81,388 I 67,05134,597 ; 121,857
74 484 ' 05, 5M0lU,u51 I 102,228
11)2,663 j 98, 120;>.077 j 2, I.'il
0S,0.v> ! 95,989M.i^.S 1 .N2,r-30I7.'J2S ; l.\30J '
')t.7(:l 1H..SS199,101 ! 1 4 s 956 • 185.154
•• !53, 571 i 7S, .r).;)8 ' ft3, :.:;282. 124 ! 129, 2(;o | 159,704
7i>, 7'i5 • IL'5,9f-5 i 110,»jsl2,337 j 1. 597 I 2, 4jt)
77,n(i« ! 121.'i-"> ! 14 S. Is")f)ij, 5»;>; ' id1.), 915 : r,/(t, ion10. SiJ".» I 1 i. 153 i J ' \ 025
1 117.''.So! 27(1. 012
1G1JN) 1
15(>. M-Ki '2.422
15t), 5? 1
92. 72 j*u\ so j45: 17 j
93 7397. 73"G 2b
85. 390.2 I
101. 361.3
125.4110. 1
89. 9100. 962. 3
125.010s. 8
I91. 176 I 118.851 i;«.: '/ 1
l i s , 219 j 235,872 ! 269,891;
606199368265
91.329h. 2547.01
<<>. S90. 2
1(11. 105 9
221,475 1Mb, 732 I 130. ODS75,909 I 96, KV2
230, 9S7:', 707
22s. 2s0
2 0 9 , 3 7 9 2 1 2 , 7 2 0
\>
r R e v i V d . ^ F ^ n r n ' r l y S t a n d a r d o i a n s i i r s C o . , i n c .' V ( , Y i v \ i s i o n s i n I9 ' . i ' . »d« i t i i i n » p i ( umiri iv<-u m-ii i-'niaiuiui ( ' . /«•-- 'c- .*c, M M - I I . U > - n . - u Li 4-
t o M a r c h - M a . \ 1 9 1 0 { ' m u r e - ; t i a \ e b e e n m : i d c ; i ^ 1 > > i I >\\ . m d P U . I L - ' . i d i u - U ' d : u ' c o i \ i i - , j i . > . li? i \ | i r '»($ 1 , 0 0 0 , 0 0 0 i n M a r c h . 8 5 , 2 5 ( i , ( i : ) ( i i n A p r i l , S 5 M M , W I K ) i n . \ h i \ : / . ' i u - i d i n ^ . - ^ i n . o n n ; n \\)nl. - > 1 / U , ' i ) j i n M a y .$ 5 , 2 5 0 , 0 0 0 i n \ p r i l : p u b l i c u l i h i i o . r u n v c a p - U a l , ^ " 9 0 , 0 0 " i n M a y : r e l u n d i n ^ , 8111,- ' ) ( • ( ) i n , \ ; I - I J , S I T O . O ' ; ' ) i n
* N c v v s e r i e s . F o r d a t a o n d o m e s t i c i s s u e s f o r p t o d i h ' t n v u s e s \n m n t i i n s ! ' . ; 2 ! , s r - e t a b . l e M, j ) , I " i>l O\>I R e v i s c d s e r i e s . F o r d a t a b e r r i n n i n c 1 9 3 1 . «<•«> t.vh\o 5 5 . p 1 7 1,; ihf> Uwi.iuor 1 0 1 0 M j r w y
H y t v p .
»i-l I MM . i r t .
111., e n p ) !
b
123, 617 211. 3s2 209, 471 j2.224 1. 117 I 1,497 |
V2\, J23 212 '«..") 297,971 '' j in!l,2f'M ! 199, 173 j 191, ss55 i 12 158 ', 13.792 | 13, (NJ ,
• »i (!ir Mafch 1911 Sul"\ r> . \#
M" term own Is and note--, newiriaN. new cupiial. .•M.O'i.i.iM1 in
5,44037, 436
0000
299, 089299, 089197,102
161, 7570
35, 3450
28, 30073, 687
0000
260, 97663, 87419,459
00
3, 77536, 715
3, 925197,102
51, 170
02, 875
i 38,'8820
4, 175
895435
116.326138, 683
548
622185403262
01.22ON. 0817. 07
h0 090. 1
101.266. 7
r 128. 1111. 1
119.2522!8, 02S
100,577196, 932
100,272
I»»x,:i24
\i VS.i
IdiliniihcapiJal.Murd i ,
S-18 SURVEY OF CTRRENT BTSIXESS H)41
Monthly statistics through December 1939, to- | 1941gether with explanatory notes and references j -to the sources of the data, may be found in the !1940 Supplement to the Survey I June
1940
June j July | August | t e -^P ; r | October ' N ™ ;
FINANCE—Continued
1 < > l i r u -
1941
April
SECURITY MARKETS—Continued
Bonds—Continued
Value, issues listed on N. Y. S. E.:Face value, all issues mil. of dol.
Do mestic doForeign _ - do__ _
Market value, all issues . d o . . .Domestic do _ _ _Foreign d o . . .
Yields.Bond Buyer:
Domestic municipals (20 cities) percent-.Moody's:
Domestic corporate doBy ratings:
Aaa doAa__ doA . d o . . . .Baa do
By groups:Industrials doPublic utilities d o . . . .Rails do
Standard and Poor's Corporation: §Domestic municipals (15 bonds) do
U. S. Treasury bonds ..do
4. 207
,r)j _ 2272' o i o
2. 953. 314 . 3 !
2. 963. 10
I. 'M3. 01i. S3
I. !»:>I. 57
StocksCash dividend payments and rates (Moody's):
Total annual payments at current rates (600companies) . . mil. of dol
Number of shares, adjusted millionsDividend rate per share (weighted average)
(600 cos.) . dollars..Banks (21 cos.) doIndustrials (492 cos.) doInsurance (21 cos.) doPublic utilities (30 cos.) .doRails (36 cos.) do
Dividend declarations (N. Y. Times):Total thous. of dol..
Industrials and miscellaneous doRailroads do
Prices:Average price of all listed shares (N. Y. S. E.)
Dec. 31, 1924-100..Dow-Jones & Co., Inc. (65 stocks)
dol. per share__Industrials (30 stocks) doPublic utilities (15 stocks) doRails (20 stocks) . . . do
New York Times (50 stocks) doIndustrials (25 stocks) doRailroads (25 stocks) do
Standard and Poor's Corporation: §Combined index (420 stocks) 1926 = 100...|
Industrials (350 stocks) doCapital goods (107 stocks).. doConsumer's goods (194 stocks) do
Public utilities (40 stocks) doRails (30 stocks) do
Other issues:Banks, N. Y. C. (19 stocks) do......Fire and marine insurance (18 stocks)
1926=100...Sales (Securities and Exchange Commission):
Total on all registered exchanges:Market value thous. of dol..Shares sold thousands..
On New York Stock Exchange:Market value ..thous. of dol..Shares sold. thousands. _
Exclusive of odd lot and stopped sales(N. Y. Times) thousands.
Shares listed, N. Y. S. E.:Market value, all listed shares.....mil. of dol...Number of shares listed - millions..
Yields:Common stocks (200), Moody's percent..
Banks (15 stocks) . do IIndustrials (125 stocks) do IInsurance (10 stocks) do 'Public utilities (25 stocks) . doRails (25 stocks) do
Preferred stocks. Standard and Poor's Corp.: §Industrials, high-grade (20stocks), percent..
Stockholders (Common Stock)
American Tel. & Tel. Co., total number. .Foreign do j 5, 609
Pennsylvania Railroad Co., total do | 206.050Foreign . do ; l, 581
U. S. Steel Corporation, total do j 164, 785Foreign do | 2, 605Shares held by brokers percent of total. J 25. 30
256, 85.S
IS. 3 13
to. 95121 57
17 t>l
150 0920 is
71 3^S 3
in ;
50. 9
93. 2
111.01''K, 0".'
3,")O, 1 4 >I.!, 7 91
39 nOSi. U,.\
0. 2t 2f 56. 1
030. <
52, 879
47, 66645, 894
1,771
2. 67
3 7°
2.963. .103.705.11
53,431 : 53,91448,903 ; 49,3904,528 ! 4,515
48. 602 I 49, 23946. 762 j 47, 285
3. 253. 334. 57
1,840
3.57
2. 885! 01
4^80
3.153. 234.32
1, 954
2. 853.033. 554.76
o. 123.234.30
49 4(<04 51* I
4", 69f
1,944
3.01 i3.52 I4.6f> II3.103.194. 23
2.442. 18
. 79
.01
. 48
. 56
.06
.18
.15
. 32
. 10
. 06
. 40
.48
.98
.14
. 07
2. 18
49 -204 ,49
-1), 83148 S7J
2 14
3.36
2.712, 92
4. 45
2.933.134. 03
2.071.89
54,139 j49 7 *<j
i 349 I10. 277IS, 97l . O ' l
'11 v
1 \u
4 2 >'1 27s
>-,
if, 2 '9 I
2
3
2.3
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36
75953638
961790
2.
3.
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4!
3.4.
43
40
7«00
42
001900
2. 33
3. 30
2. 803 1) 13. 374.38
3. 023. 173. 9S
;•;
2
34
33
-(
39
>•'043s33
1 ir,
96
2
0
34
3
!
si9!31
02] 3
9-r
1.99
,690.37936. 43
1.813. 011. 772. 441.961. 29
239,426223.372
16, 055
53. 1
39. 99119.4620,1524.6689. 17
159,6118,, 72
73.384.8
104. 180. 075. 1
560. 1 5
487, 11620. 107
15, 573
38,7751,-; ,0
A. S5 9
1,694.82936. 43
1, 71-i <s.
1 S3
1 711 12 ' ' 7 S f4
1.81 '3. 0.11.77 ! 12.54 11.96 I 11. 29
1 3 I1
i 96 I1 36 I
1 Sf)ul
1 s,
194,824182,232 34"12,592 '
1 6
29* i 2 221 4'4
54.6
18 2^2
55. 6
1 iv1 S3 1
68 "716 1 1 '>
1 S J
2 4 44%
371
1
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! ( >2 11 941. ~
1"4"* '
49
56 7
41.64122. 23
22 4228* 43 ! 2f s90.46 ! 92 2
161.49 j jf>4 419.43 I 1 ) 1
42 50 '4 402o '2 ! 1 1 4622 22 22 182f s ' ! 2s ,3
96 27~1 50
76. 187. 2
105. y84. 280.124.4
51.4
84.0
32
lu-t )81 8fO 32i 9
50.4
84. 3
21 05
<•<) 9 1M 7
116 5 I89 6 !8' 0-7 0 I
51.0 I
87. 4 j
58 4
44 72V> Vi
22 072C 8397 29 ,
17 26 In o i j
8J 4
A! 5
2" 4 !
53.6 [
90. 0 !
21 22 12991
43 Vj
no 4
55.6
93. 9
5. 26
632, 398
320, S6O15. 191
261,3521«'. 82,
7. C07
39, 9921, 454
i?5.74.5
55 I
320 913 ; 472,74214.214
270.471
•Vii, 703 i 8"6, 452 j24,006 ! ;j7,022 !
I i
"05 193 ! 763.4S1 I1^,522 I 29,010 ,10.420 j i
7.616 j 11,941 j 14, H4 | 20.^9?
40, 7061, 454
5.64.75.64.8
5. 6
5. 10
41,492 i 42.^74 j 11, S!1,453
5 04
(31 313
3
5.44. o
V2
4. 99
si i91 0
11s 7
2< 1
94. 3
706,231
596,8062\714
IS 400
41. £011 455
4 . , ' i5. 7 14.1 j6.0 !
4.35.7
5.96.2
4.87
4 '• *3 1>0
~ > i93 .
i' ~2!
8095
'18S7782"
55
95
7
i
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07
9
1
61 M0 4l t - 9 :
519 3LV <•
13, 2
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4i 6
6
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1 2I ! fI1 3- 7 i
" 01" 1 2
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s i742
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165] 193 ! 16 4, " I2 70627 4s
i 630,812
' L'01,Ss3
2 719 1
§ Former ly S t anda rd Stat is t ics Co., Inc.
ust 1041 SURVEY OF CURRENT BUSINESS S-19
Monthly statistics through December 1939, to- | 1941gether with explanatory notes and references |to the sources of the data, may be found in the ; , 41940 Supplement to the Survey j '' u l'
1040
June July August Sep- October No vein- j Decem-ber bcr
Janu- Febru-ary ary
1941
March April M a y
I\I)E\I SEs, .us
'1 < u i \ l l ' i , I T n i ) 1 U \ V*2* > - 1
\ i Ui id|Us vd dcI S m u c h in 1 M , ir> id ..«.->k 1
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'1 DtU \ i lue , u n i ' j i i - .ua o\ d m a ini ' d lo
l i t ipc r t s tot co i M I L)1 I(JTI u i j A i i ' i ' l dO u m t i U " 2 i 2 - Ln
\ dliif il >T ii r \ n u t h>
A r m l l t i i ti p i o C i f t s q u i1 t i f \1 \ D ( rr " ( u oi I )' ii t
« ii i d i u U i i L i 2 ) = 100\ l i u s t C d<
1 O1 I1 ( \ ( Hid iL COU JiI n 1(1,11 a 1 d o\ ' j p s L 1 ii
I* ]){»i for f i i ' i i p tw n *X n a j ' i n ] d >\ « l n , U « ' d o
E x p l t ^ •( t n l I ' H ' i r ( v, {f[ n o , p ]B \ r i d (i is or., i n d < ii H i
\ 1 ' )(< I i i If1 1, Hi O
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(I >
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h o i i s oi <{ 1
FOREIGN TRADE—Continued
9
12s •tu
t ( )
( $ '
127v '6
i
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1 1 )
50
126S")67
79
130
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H Si 3 i 122 8 57 , 14 J 7)1 1 1 3 / ° ) ! T ' l i U 11S6" I t j20\ } >i Hi j l l j ' 72 > i e i ^
i ( . , i 0 1 0 I ^ 21 * • : i1 1 2 " ? ( u ) ' 10
7 i J I ( ^ 4 9 1 i MI 7 r
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1 1
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< i l
1 ! <2(" . , 10 S -^ ) I 1 i/ 1
20
1 2f 1 >1 ' — i2\ i 20
4 7 S t |
"S .*!1 , _ , » i - . - I !
. ! ^4 t o o i _o r > i
, 1 f I ' 13 71 > !i i ,' > , M s s I
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1 n I . l ) .
7 > 0 i " )
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t "~s,1 (> i
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1 (>st
J 10< < 1
V] y
» 0 i ^ 3 ' 2 S 220, 2 T
M H U l p 0»)i' <i S 6 i f(^ 7 fh*~J i V i(> i ' .77
9_H | H iI
1 - ^ 1 , ' M ! i 1 1 " | 13 6(>-5
N 2A) ' X> s | 4 ' < , > 10 823I"1 1 t i s < i ' ()-( i< 0^3 |
3 > > h | j * J ' , j f f T ^ 2 | 1(^ i) ' 'l 20 i s 7 i-• * 1 ' i , s o 1 01 i
. ' ' JH ' V J I ^ ' 2?1 ' 7<> i 1 ^ 3 Ii ( > s 0 2 1 5 s i i l l 71 _> s 1 |
1 > L o I 20 1 ' * i 1 ' 2sO | U "' < ' 0 s7;> I 10 (2 V I 1} 610 |I ! 3( - > l l i J > | If , ' » | 1 1 , 1 1 1 1 ' 1 L • 1 (.19 ,
> It 1 >"* )"h ,< i ( i 7 3 (f7 ' i s ,) )0 | 12 > ' 4 1 / U 3> 1 ( 1 2 i 5s > --0 - " 1 1 . , '2 I T , 1U» . 1 . v | 1 ) 7 s _
1( 33^ j 6 )Sf | h 3>0 i 3 8 7 r % 105 d M l , 7 , , .2 " 2 ^ 34 0 ' i 3 0 "* 2 0"") 3 3 6 0 ' ,13 >s-, i 4 s 0_ I
1 7 , 1 7 ) 5 "> 70 1 3 6 1 ^ i " 0 0 6 9 0 2 11 t H" ~> i 9 (/01 8 O ( 6 7 , 1 2 ' I <i f 0 i i) •»•<) 1 12 711 1* \) S, c ^ 3 ' 6 , 9 7 ) 1 ' N i l 6, 3 S ' 4 i*> ' ( (S(» ,
2 0 ' 3 )7 , 2 1 ~ s ' s 2 l 4 , l O « , 19ti, 12 1 2 1 3 , 1 - ' * , 2 1 7 , 1 " ' ) 2 3 ^ 27 ,
70 i l l ! s , 2^ 8S 4 9 ) 1 80 113 I 4 s 1,01 o^ ^ s 1]() r t '2 6 1 2 J 24 <24 21 5 1 ) , l h 09 22 fL > 22 6 9 5 2 ' ^ 1 ,31 275 ' 22 7 20 "1-s) 10 ^26 ' 21 17( ? . U , M 4^> '4" 1h 1 4 5 H I j 50 542 \r 5 i n I 4 0 o i , ' 44 ( s 3 _ ' ( 9
39 <> 1 i \ i n 3 2 i fn 3 1 , >sJ 3 3 bl(» 30 , 2 4 '
8684
1248569
7170
1207058
137132
3.5, 355
22, 0474, 876
'! ,588L6,772
1
, (X\l2. 449( 1, 8860, 0225, 507
29,1885, 3009,2162, 955
3.7,95316,0923, 120
1 3 , 7462,887
10,8591, 9442, 0481. 530
69, 989218,126
25, 3796, 101
(0, 993."•28, 636
0, 20391, 417U), 39120,119
493531
259, 742
36, 58610, 48624, 474
7,743 !
46,83711, 18611,644A. 999
223' 595
8088
117 I8068
9493
1389468
8375
118 13368 8058 60
135131
141125
303, 413 357, 233
19,954 j59, 49811, 10896, 336
3750
77, 26965, 23364,41933, 010
9, 82429, 381
5, 2238,843 I3, 249
298, 27315, 234
3. 80016, 0102,841
13, 1692, 0982, 4952, 103
56, 973210,056
24. 0284, 250
54. 426233, 702
102107
146101
Sli60
232i>
!410
4736
SS62
2938
4T56
154159
35,12164, 75310,112
113,2331,329
095, 50909, 89868,616 I37, 20011,74537, 028
6, 40011,9924,463
350, 44619, 658
5, 86216, 793
4, 26212, 531
1,9333,3173,030
60, 644254,20629, 0843,733
61,604267, 784
8,739 j 11,59389,698 I 100,303
10, 48820,100
672295
2012, 58338, 59237, 83433, 9488, 936
51,246 i32,62413,295 I
07, 63330,29120,55247,13127,988
8, 12'17,941
635717 I39 I
9,443 i35, 42834, 28728, 072
7, 51653, 82511,73215,3839, 139
216, 623
91, 80531,21122, 94042. 20828, 458
385. 454
28, 35464, 092
S. 419145,004
6310
("I127,623
70,81338, 22613,19336, 681
5. 85S10,505
4, 107
370, 18516. 8574, 380
18, 2093, 963
14, Him1,7083,2413, 979
67, 004274. 054
28. 0422. 732
63, 751.287,550
106, 67432, 89226. 65257, 93630, 399
103,43736, 62133, 12566. 37735. 032
TRANSPORTATION AND COMMUNICATIONS
101108
14710169
384, 636
36, 92571, 078
6, 621110,409
100
103, 22881.10579, 01142,07113,77042, 989
7 09*13,177
4, 214
376, 35428, 047
4, 38925, 323
8, 38816, 935
3, 2622.4723, 923
55, 136267, 248
30.5113.391
59,(531296, 930
14.075115,24010,86923, 355
39868236
9, 57649, 50648, 19238, 70(5
8. 36556, 04814,43717, 1678. 200
281.351
110,77736,41834,37057, 86235. 925
TRANSPORTATIONExpress Operations
Operating revenue thous. of doLO peratmg income do.. _ _
Local Transit LinesFares, average, cash ratef cents.. 7. 8144Passengers carried f thousands....Operating revenues thous. of dol.
M1, S16
9,52871
I
9,415 9,632 10,055 10,624 I 10,54277 i 69 ! 87 I 82 i 67
7.8253 7.8253 | 7.8253 7.8253 7.8253 i 7.8253
12,70178
10,03268
7.8253 7.8253 7.8253752.776 j 724,390 ! 72(5,151 ! 762,107 I 830,741 ! 801,646 i 860,704 837,903 777,29455,935 i 53,574 \ 54,097 | 58,452 j 60,542 | 58,489 | 62,623 I 59,579 I 56,220
9, 9618
10,536 10,814
' 7.8199 r 7.8199864,644 ~- ' —
961,192 61,427
r 7. 80(5185(5, 23962, 347
IK. \it h e ' »•< u
1 1f m
1 io 1 )
i l . « { . i n n m g V u u i f JO.jfi M V p 4 5 o f th< J1 ) ' ' ' i ] i )• t s h < \ n - » s (i t o * I K S \
v 1 ('("• ! i r , r i i " l ) 1 5 f ) I ' M I i< N of a c r u u i t u r n i 1 i iT n , r f w i l l b c M i o w n1 1 * < M 1 1 l " M , " 7 i i i \ y n i ; \ p i 1 1 f > n i s i ' <
1 0 1 i i n . 1 1 ! % ' i 1 K < m i , ! J I I ' I M o i , ) i 1 1 > ! i i n n 0 1 1 . 1 1 1 1 \ 1 - 1 0 1 i s n
W 0 Survc*. V i< » nee r - ' trri >d revised beginning January 1938; see table 13, p . 18 ofiii i noiitbi <\n\ . H ill M<» short n in a subsequen t issue.
n in 1 -ubsLcjmnl 1 ^i]e
u 1 ID \ ii( I 111 , '» <-<(> I eh., 7,073; Mar. , 5,917; Apr. , 5,438; M a y , 6,824.
S-20 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1940 1941
July AugustSep-
tember October I Novem- j1 ber
Docem- iber ;
Janu-ary
Febru-ary March April May
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION—Continued
Class I Steam RailwaysFreight carloadicgs (Federal Reserve indexes) r
Combined index, unadjusted... .1935 3l>-looCoal 1 <<< .Coke ioForest products doGrains and grain products. *uLivestock . . . . doMerchandise, 1. c. 1 <loOre . . . . . ioMiscellaneous u<
Combined index, adjusted . . . doCoal. doCoke doForest products doGrains and grain products i( _ .Livestock.. . 0«Merchandise, 1. c. 1 doOre. doMiscellaneous <k
Freight-car loadings (A. A. R.):^Total cars _~ thoi sv d*
Coal . d >Coke (ioForest products doGrains and grain products . no.Livestock . <lc .Merchandise, 1. c. 1 - doOre.... - . - . . -1Miscellaneous do
Freight-car surplus, totait do .Box carsX doCoal cars I ao
Financial operations:Operating revenues, total thouo f fiol
Freight d( _Passenger.. dc .
0perating expenses ooTaxes, joint facility and equip, rents* . doNet railway operating income . . . doNet income doOperating results:
Freight carried 1 mile mil. of tonsRevenue per ton-mile pf ntePassengers carried 1 mile millions
Financial operations, adjusted:*Operating revenues, total mil of dol
Freight a- .Passenger . dc
Railway expenses d<Net railway operating income doNet income d»
Waterway TrafficCanals:
New York State thous. of short tons..Panama, total thous. of long tons..
In U. S. vessels doSt. Lawrence thous. of short tons..Sault Ste. Marie _. do . . . .Welland . . do . . . .
Rivers:Allegheny doMississippi (Government barges only),doMonongahela doOhio (Pittsburgh district) do
Clearances, vessels in foreign trade:Total, U. S. ports thous. of net tons..
Foreign . doUnited States do
Travel
Operations on scheduled airlines:Miles flown thous. of miles..Express carried pounds _.Passengers carried number..Passenger-miles flown... .thous. of miles..
Hotels:Average sale per occupied room dollars .. jRooms occupied _ percent of total. JRestaurant sales index . 1929 = 100.. |
Foreign travel: ]U. S. citizens, arrivals number-.jU, S. citizens, departures do jEmigrants do jImmigrants . . . . . . do {Passports issued . . . . do . - . . !
National Parks:
1,001LI. 0731. Si
Visitors d o . , . ! "^ 'iAutomobiles . . . d o I 17 '. !
P u l l m a n Co. : jRevenue passenger-miles t h o u s a n d s . , jPassenger revenues thous . of do l . . ;
r Rev ive ! d Deficit.^ D a t a f o r August and November 1010, V i r c h r <. M*New ser ies Adjusted dat< > n n n a m i i\ oper i 4 ioi s of I nl
facility a n a equ ipmen t rente i<? show n to p io \ I le u^riue- for Mthe September 1940 and suhspnuent ls^ue-. of the s n r \ e v n1 i\ )
fRcMM'fl M U I S IT, ]( M s on •> 1't'." W b w M u n.n • lld 'JFor Tune 1911, d it * l e p n ^ ' i i t the d,\\\\ a \ei i°c loi CJIO \\
9-day period ended Ma> 31, I 'm
10. 537 j 11,6681,352.181 1,462,121308.644 363, 954114.749 133,979
" n•N bi*_ ii ni i°_ ' lpjif \r i,i tu>'i> ^ . p ifi. o f 'hc >opfember 1940 issue. T h e new series on taxes and joint
" i u r i " n l w i\ ^\pen v- i r i v i n in '1 e adju-V i t ' ^ i re* of financial operations; earlier da t a not shown inbi i r ( ' >\ di 1 u ' ' Lr ' pe if in- cvpen-( >> .nd ne r xailu \\ operat ing income from operating revenues.; v M I 1 1 ' in 21 22 oi 11 I i^u^. v inie 1 on tin > i tu ida \ in n t^ t the end of i n " .nonlh . The .May da ta represent the daily average for the
\ u a i , - l I ' . I H SURVEY OF CURRENT BUSINESS S-21
Monthly statistics through December ISG9, to- 1941gether with explanatory notes and referencesto the sources of the data, may be found in the j1940 Supplement to the Survey I l u n ( > July
1940
A u ^ u s t ! tember I (• N o v e m - Decem-
ber ber JanuaryFebru-
ary
1941
March April M a y
TRANSPORTATION AND COMMUNICATIONS—ContinuedCOMMUNICATIONS
Telephone carriers:Oponuinc: revenues --. ..thous. of doi ;
Statioa revenue:.; . . doTolls, message. . . do . . '
Operating e<pi n<is _ - __ do ;Xft operating i.icwne - _ . . .do jPhones in sen i<v, iv 1 of month thousands '<
Telegraph and eal-'e c^irUrs:tOperating re\emies, totait --- tlums. of dol .•
TeVgraph carriers. total _ . do .Western I'tiii n T e r ^ a p h Co.. revenues ;
fn>r: rabie operations thuiis. of dol ,Cable fjirrit-rs . . . . . . . . . do '
Operating expeii^est-~ . . . - . . . do ._ iOper-ji'nir incomet - .- do -Net incom.-'r . . . . . . _ . . do --1
Kfidiotcle:'i\iph carriers, operating revenues itriune, of di:l .
CHEMICALS
'IIMI, denai.ir<d:
ProMiutionSlocks end of month
\lci.hol, e*h\l. IProduction UKUH of proof gal JStocl -,. \\ iiehou^ed, end i < month do !Wit l^lra,1. n »i<r di raiurii.g do - 'Withdi iwn. uw pcUd lo j
Kxpor's, refinedI'rue, M'firxd, \\h"l(-alc 'Production:
CIIKH' 'wood disHfed)S.wilhetie
.\ \ Y
p pSulphur production (quarterly):
Lonisima __ . .T"\ . IS
Sulphuric ncid • fort;h/cr mairnfaL Hirers;:Consumed in production of ferfili/e
'nis. of PHIdo .
l'"U^. (.fib
long fu'is.1
Price, v, holt sale, (Jo0, at v. orksd J
'Tt tons..
ProductionPurchases.
Fr.>m fertih/*From others
ir manuf'icturers
sh. )it tons
dodO
pTo f TtUi'/er manufactuurs doTo oih( rs . d( .
Stocks, end oi month . . di .
FEKTILIZ'EES
Consumption, Southern Statesihoiis. of short toiG
Kxporrs. total§ . long tous..Nitrouenous§ .„ - do . . .Phosphato materials^ . . _ . . .doPrepared fertilizers - .do
Imports, tofilcj „ „ _ . . . . . . . . . . (Jo ..Nitrogenous, total . . . . . . . . . do . . .
Nitiat" of sodsi . . . . . . . do..Phosphates _ do .Potash§ _. . . . . . . . . . ..lo _
Price, wholesale, nitrate of soda, 95 percent(S. Y.) . . . . _A\O\. per cwt
Potash deliveries . . . . . . . . . . .short tons.Superphosphate (bulk):
Production _ _. . doShipments to consumers . doStocks, end of month do . . .
NAVAL STOKESRosin, gum:
Price', wholesale " I I " (Savannah), bulktdol. per 1001b..
Receipts, net, 3 ports bbl. (5001b.)..Stocks, 3 ports, end of month do
Turpentine, gum, spirits of:Price, wholesale (Savannah) dol. per gal..Receipts, net, 3 ports._- . . .bbl . (50gal.)..Stocks, 3 ports, end of month do
OILS, FATS, AND BYPRODUCTSAnimal, including fish oils (quarterly):
Animal fats:Consumption, factory ___thou.s. oflb.Production . . . .do . . _Stocks, end of quarter . do . . .
Greases:Consumption, factory . do . . .Production . . . do._.Stocks, eud of quarter..... . do. _.
106, 06369, 74127, 42468, 99518, 40419,108
11,11610,198
569918
9, 621759466
1,177
106, 59368,97228,63671, 85019, 20419,138 i
,0,773 !9,906 |
543 j867 I
9,873 !204
* 293
1,149
107, 35068, 74929, 72270, 88520, 56019,211
10,96910,188
433781
9, 783443
1,083
107, 85270,11728. 78169,71116, 17419, 334
10, 8489,882
415766
9, 40950394
1,110
11373,31,722319
11
087025034841004446
44210, 622
91
1
441821695012536
267
no7229771719
10
544118343106933547
6429,872
9
1
424770498465
d 38
179
114,76173,97931,47175. 65021, 98819, 670
12, 55711,654
540903
10,5861,291
872
1, 348
114,68474,21431,07773,93422, 99819,833
11.18210,294
494888
9, 82161496
1,290
111,21972, 75229, 25070,64822. 97419, 966
10,6679, 832
451835
9, 290667202
1,253
116,88374. 58532, 97573,40324, 89120,107
11,96110, 982
525980
9, 8841,303
896
1, 399
118.7533'.75.24',20,
12.11.
10.1.
1,
132598238390502232
430473
51095729 S359879
318
119. 93375, 70934, 78377, 57624, 04920,366
12,85011, 830
5141,020
10,6911, 330
873
1,354
CHEMICALS AND ALLIED PRODUCTS
tMous. of v, me p>d |do . j
'J 22 !10. V)\
9,625 I9,707 j1,662
21,42321, 79917, 4903, 380
53,341.34
4263. 426
32, 877
149, 995525,157
137, 321
16. 50176,846
18,01336. 029
34, 53457, 34490, 971
12290,06115, 37966, 619
37299,00283, 70762,5983, 38610, 349
1.45027,054
327,1696J, 120
945,712
9,49710,4432,605
22, 45722, 39319, 6212,020
74,295.34
3903. 852
33, 340
11,19511,510 I2,919
24,09423, 64520, 9181, 424
228, 961.34
4083,788
35, 036
14, 15713. 6942,445
15, 56615, 0981,975
134, 050
16. 50180, 553
24, 13332,517
44, 06355, 43394, 628
72122. 83721,02186, 672
630117, 250109,61882,342
97,441
1.45039, 212
323, 56727, 584
1,010,047
1.70 I 1.4243,411 46, 132
529, 41G 519, 556
.2611,30253,345
.2712, 34054,488
153, 215
16. 50194, 664
30, 78231,476
45. 68060, 92391, 732
61178,47430, 321128, 907
88189, 89175, 54252, 7033,1368, 829
1.45037, 998
361,38745,389
1,091,183
1.6948,389
524, 212
.2811,49055, 809
21,559 ! 23,35018,480 i 13.47124,218 25,5522,045 I 2,357
198, 332.34
3663, 549
37,180
137, 445573, 421
162, 302. 34
4634, 408
37, 740
140,444
16. 50193, 243
33,81327,163
42. 58259 393
103, 532
142144,34829, 729100,713
53671,03861,45637,610
3647, 787
1.45051, 213
327,117130, 823
1,135,17!'8 1
1.6140,190522,181
.319,762
51, 053
169, 878
16. 50222, 476
38. 36125 j 518
48, 63565,817105,557
1.47046, 003
404, 46798, 210,201,715
13, 54413,1581, 586
23, 35410,02723,1102, 959
191,739.34
4684, 440
34, 444
12,44112,2151, 360
23,7629, 503
22, 05(52,128
267, 077.34
4843,913
33,461
.I 103,675- 567,698
1.6739, 820
528, 065
.358,364
44, 961
179, 677
16.50216, 290
33, 22036,184
43, 01457, 475110,939
105116,41615,89188, 409
42863, 85256, 36228,478
6375, 625
1.47051,644
398,34145, 649
1,244,655
1.8735,018
542,091
.397, 793
44, 488
231,581 ... . ! 235,774610, 030 508,543 I.633,821 I I 557,921 I... 600,347
178,193
16. 50223,131
22, 94132, 732
36,37774, 927100,246
182136,58116,486112,063
33062, 70650, 24527,7183, 1797, 903
1. 47036, 833
425,11843, 192
1,285,408
1.7234,098
561, 241
.386, 986
40,016
10, 19910,6101, 468
10,55810,5561, 465
241119
1
14
224963434742
283.34
221219
1
102
030166070766
711.34
4503, 420
36, OSO
184,149
16. 50221,788
32, 57038, 659
36, 11681, 59191,407
518109,6549, 33687, 698
46587,11581,08534, 3322, 1122, 765
1.47051, 502
408,19255, 997
1,264,881
1.7317,906
560, 045
3,02735,421
4353,171
33, 631
162, 306
16. 50226,069
26, 34325, 650
37,31169,514100, 338
76294,31611,03176,333
49S95,47492. 20340,254' 3531,430
1.47035, 536
384. 548110,4381,202,767
1.6511,941
542, 446
.392,158
33,906
13, 33913, 1921, 313
21.70211.12723,7052, 735
94,467.34
4553, 673
35, 722
138,880547, 686
177,376
16. 50234, 026
25, 30933, 008
39, 08278, 09598,151
1,36590,25510,67474, 162
686152, 323134,29084, 3371, 08614,110
1. 47029, 802
435, 675183, 5601,074,842
1.789, 996
523,594
. 394, 682
23, 682
269,361 ! i ; 291,452672,886 ! \ I 617,500
! \..\ 623,896
89,978 I . i i 82,409 L . ... ! | 98,639 j j | 104,910109,979 I .. . _L_ ! 104,520! ! I 126,451 I .. J .. I 120,557122,330! .._! I 121,217 !_.... ; ! 134.002 1 I | 130,401
12,45112.0541,511
26,21811,33022, 7*92. 449
01, S3!. 34
3. 09831, 980
10. 50218,840
23.21530, 922
53,42907, 38793,950
1.39074.71510, 74840,4811, 5S0
120.330100.73789, 5053, 5511.S9]
1.47024,477
397, 497373, 810777, 152
19.337505, 860
6. 35825, 022
14,88914.7141,329
29, 60010.00020, 5263,012
48, ,r>8().34
37,891
170,465
16. 50217, 063
39, 14032, 714
75,' 11778, 756
25881,971.6,014
74, 082317
99, 07370, 03042, 1341, 1941,512
1.47013, 232
419,411165,359770,723
135.
190,
8,27
.87035180
. 43198318
d Deficit.f Re vised series. Data for telegraph and cable carriers revised to exclude data for radiotelegraph carriers; for revised data beginning
ber 1940 Survey. Wholesale price of gum rosin revised beginning 1919; see table 3, p. 17 of the January 1941 Survey.§Data revised for 1939; for exports, see table 14, p. 17, and for imports, table 15, p. 18. of the April 1941 Survey.
1934, see table 48, p . 16 of the Novem-
S-22 SURVEY OF CUKRENT BUSINESS August 1941
Monthly statistics through December 1939, to-gether with explanatory notes and references jto the sources of the data, may be found in the1940 Supplement to the Survey
1941 I
•Tune I JUE.
1941
July Sep-tember October i Novem-!
ber IDecem- I
ber iJanu-
aryFcbru- I
ary March
CHEMICALS AND ALLIED PRODUCTS—Continued
April ; May
OILS, FATS, AND BYPRODUCTS—Con. |
Animal, including fish oils (quarterly)—Con. jShortenings and compounds: j
Production thous. of lb__jStocks, end of quarter.. --.do
Fish oils:Consumption, factory . doProduction ..doStocks, end of quarter . d o . . . .
Vegetable oils, total:Consumption, crude, factory (quarterly)
mil. oflb. .Exports . thous. of lb.-Imports, total§ do
Paint oils- doAll other vegetable oils§ do
Production (quarterly) . mil. oflb. .Stocks, end of quarter:
Crude _, doRefined.... _.. do
Copra: jConsumption, factory (quarterly).short tons. JImports . do jStocks, end of quarter do |
Coconut or copra oil: iConsumption, factory: j
Crude (quarterly) thous. of lb . jRefined (quarterly) do j
In oleomargarine . do \Imports§ doProduction (quarterly):
Crude doRefined . . do j
Stocks, end of quarter: jCrude_- do |Refined do |
Cottonseed: |Consumption (crush). . . thous. of short tons..!Receipts'at mills d o . . . |Stocks at mills, end of month do j
Cottonseed cake and meal: IExports! ------- short.tons.. •Production doStocks at mills, end of month do
Cottonseed oil, crude:Production thous. of 1 b . .Stocks, end of month do
Cottonseed oil, refined:Consumption, factory (quarterly) do.-. . .
In oleomargarine do...-.Price, wholesale, summer, yellow, prime
(N. Y.) . dol. per r e -production thous. of lb._Stocks, end of month - do
Flaxseed:Imports thous. of bu. .Minneapolis:
Receipts --doShipments doStocks .. ._ do
Duluth:Receipts doShipments doStocks- - . . do
Oil mills (quarterly):Consumption doStocks, end of quarter do
Price, wholesale, No. 1 (Mpls.)--dol. per bu. .Production (crop estimate) thous. of bu . .
Linseed cake and meal:Exports^ do. - . |Shipments from Minneapolis _.do j
Linseed oil: jConsumption, factory (quarterly) do 1Price, wholesale (N. Y.) dol. per lb._Production (quarterly) thous. o f lb . .Shipments from Minneapolis doStocks at factory, end of quarter do
Oleomargarine:Consumption (tax-paid withdrawals) % .doPrice, wholesale, standard, uncolored (Chi- I
cago) dol. per lb__jProduction J thous. of l b . .
Vegetable shortenings:Price, wholesale, tierces (Chi.) dol. per l b . .
52. 409225. 741
42, 4C152,541
70, 4?;-;309,589
1S5l,hS5
310230
1.87MO,018
. 108
21,050
PAINT SALES
Calcimines, plastic and cold-water paints:Calcimines - thous. of dol.Plastic paints doCold-water paints:
In dry form - doIn paste form do
Paint, varnish, lacquer, and fillers:Total do- . .
Classified, total do . . .Industrial doTrade do
Unclassified do
25, 083
. 133
202
262392
287,99852, 880
47,4025,843
166,507
296, 179 ;.48,144 I,
332,320 |53, 700
43, 95842,816 L
174,462 L
51,81891
7568, 648
78,21415,79162, 424
558
713684
70,21717,45446, 933
146,15658,492 j
1, 575
10 °4596^ 62919.53377,096 j
11,695 i74,85410,839 !64,015 !
i
9, 68057, 9772,745 j
55,232 |540 |.
737 I.452 L
13,38364, 4606,02758,433
7,29054, 3661, 300
53,066
.1 199,458 IJ j
.1 1,012 I.i 9,318i 68,389I 1,625j 66,764 iI 1,184 j
355, 69846, 417
15,846157, 223
51,3201, 239
50,081
37, 27561.097
43760, 660
935570
1, 0961 2, 68557. 6724, 626
53, 0461,059
11,246 ! 11,017
19,137 20,57S ! 11,980 | 26,861i 29,293 j
30, 58469,664 i27,606 I34,797 L
34,294 | 16,271
914637
69, 42320, 3 9934, Sol
82. 1354, 536
59. 5595. 466
26, 729
87,781 !_69,451 j.
1,26136,659
1, ISO26,286 |
148,24556,2481, 142
21,684 j
73,038 |.
1, 46436,157
1, 66434,412
150,410 !52,296 |-
202,239 I 209, 674
1,52840, 224
87, 88373,938 !
1,28022,157
15,083242,97314, 123
| 161.405! 61.126
1,296 i 1,42432,207 | 25,831
I 86,25180,703
1.3SL 1,46841, 155 2s, 273
23 !63 j
31 \26, 165 i
110,909 |
19,396 '66,131 I
316, 196 i.7,392 |
. 060 !51,091 ;
553, 395
421840
19, 56679, 501
14, 12337, 352
125 I86 |
140 !36,303 !57, 539 !
23. 15821,207
353 !
599 !333 j
40 !
155,320 !95,884 |
110,592 !80,274 |
312,007 '
1,1,
312.130,
700407040
140138714
1,
286,153,
644766162
138890465
224,625148,288
205, 192182, 533
8,526 I 8,275 | 9,956 j 11,827 i 10,908
544657
1, 276
185239, 375175, 700
| 174,151j 176,626 j
' 328,495 I
560361
1,076 |
91248, 916215, 358
179,475176,425
.060 :45,862 ;
493,658 I
.056 !34,262 !
412,564 j
|
. 056 J46, 171 j
348, 042 |
16 L I123 |519 |
53 |
130 |
6,637 '3,148
42 |38
248 I
63 j183 i10 i
7,307 |1180 j
1,566 |244 {
5,813347 j
7,073 |
2,293 !1,691
.054134. 368356,104
704
1,226234
7, 363
517674
1,778
.057158,418400, 259
i
1,093 |I388452
6, 232
5372,042
458225844
54201, 822252, 947
147,702 |176,281 j
209. 94015,550
373147617
6
165, 520245, 634
122, 833167, 195
. | 350,74713,107 13,450 j 11,626 I 13,142
6,9437. 038
1.48 1.59
.059168,517458, 335
407251
5,410
61220118
10,083 |",077
.064 j179,925 i484,764 |
1,482 j1
476 |
4,739
168 i11 I
275
.062 i145, 105 i507, 248
1,285I
414 !133 |
3,952 I
1591
434 |
1,926 |10, 440 I
98,977 !.099 I
128,383 !_14,450 j
132,881 |-
56 !18, 560 !
.092
1.021 I22,700 !
.087
15929,440
101,652 L.084 j
135,389
62934,900
28232, 440
.083
14, 350 14, 550 j 16, 600 I 16,600
! I 115,135 I
19,517 | 22,066
. 120 !19,870 |
. 12022, 021
.095 j
247 i43 I
207 ;316 !
22, 498
.11821, 664
.093
25,719 ! 29,489
13, 250
19347
199251
20249
183295
36. 271828
34, 05624,278
052 !443 |
9, 89514,3839,779
34,99124, 97310,61914, 35410, 018
.11526, 542
.090 I
21350
193311
33,937 I24,101 i10,502 i13. 599 !9,836 i
.115 i30, 160 I
.086
181302
37, 74827, 34712, 59114, 75310,401
30, 854
.11530, 002
14040
158273
30, 79522,81911,33611,4837, 976
1.64 |1 31,217
1, 51244,400
.071123, 772505, 219
1, 223
71874
3, 020
159
593
10. 228
Ls551
269
21NO, 3*6
255, 028
30591
403
31
256! 255
102, 19(1128,451
. |12,896 11,444
.086 .105130,(592 i 97,773475, 849 422. 443
4, 1591.80
42, 920
100,837 ! | 106,78'
34 230, 760 27, 800
1,280
|139 !
2, 743 !
193 |10s !019 i
721140
2, 299
416381
1.93
.088192, 18510, 850
153, 820
31, 118
.11532, 457
15044
138259
27, 32620, 47210, 7859, 6866, 854
.095
~14~350~
. 099196, 281
14, 950 18, 900192, 850
33,835 27,869 | 34,328
.11834,030
20835 |
146294
33, 40824,60912, 20612,4038,799
.12028.103 I
.094
.12533, 880
.097
1,201 | 81330, 080 20, 240
. 107 i . 108
21,000 ! 20,300
30,579 I 20.853
182 I
43 j159279
32, 538 |24,01312,177 !11,8378,525 !
30143
202376
38, 54128. 24513, 75214, 49310, 296
. 13032, 179
.111
342
f 2664*3
.13027, 693
23360
289513
50,029 | 56,05535,160 ! 40,63615.240 j 16,33719,914 24,29914,809 I 15,419
-' July l estimate.° Less than 500 bushels. r Revised. 'December 1 estimate.§Data revised for 1939; for exports, see table 14, p . 17, and or imports, tattle 15, p. is, of the April Purvey.^Production and consumption of oleomargarine revised beginning July 1939 see note marked "X" on p. 40 of the April 1941 Survey.
SURVEY OF CURRENT BUSINESS S-23
X-jm.hly s-'Utisuos through Ur.'omber IR?9. io- I 1941j^ln/r .vUl; explanatory n-r.es ,•.': ">;>re::;ros jtc th-.3 scurces of ike data, may be found iii tho ! 510'iO Suppl'b'neiu tj the Survey ' ' ; June July August
1940Sep-
tember
1941
October ji
I No vein- Deeem- Jaim-ber bcr
Febru-ary Alar eh I April May
CHEMICALS AND ALLIED PRODUCTS—Continued
CELLULOSE PLASTIC PRODUCTS |
Nitrocellulose, sheets, rods, and tubes: jConsumption thous, of Ib_. jProduction do jShipmentscf do |
Cellulose-acetate sheets, rods, and tubes: |Consumption thous. of Ib.. _ jProduction do.Shipmentsd11 - do..
Mould ing composition:Production do...Shipments t- do.
ROOFINGAsphalt prepared roofing, shipments:
Tot.a 1. -\ . '. thous. of squares..Grit roll do___Shingle? (all types)... do . . .Smooth roll _.. do -. _
2-121,387],475
IK513
2, 284
770850
6634562
871682
2, 707734
1, 076897
168899955
5654.08
897
2,982827
1,166989
168890970
7773
1,4231,342
3.4841,0121,2931,179
2801, 0931,113
8826755
1, 7091, 501
3,9471.1381. 3581 4 1
2471,0961,136
9983944
1, 9261, 783
4, 2541,1471, 37011,451 I 1,737
2071,0611,131
5934
1,037
1, 6061,410
3, 006888881
1, 238
1,1,
1,'
2,
183109068
8867733
435317
163769570824
1851.1671,112
7617675
1, 6321,584
2, 2-19888533828
2301,1321, 145
3344335
1,8791,642
2, 515811690
1, 014
!
2491,3081, 233
10465373
2, 2321, 991
3,105801
1, 0381, 266
1,1,
o
3,
1,1,
!
217420267
12402408
255102
141806255080
2151,3721, 315
14524472
2,3192,146
3, 753987
1, 5641, 202
Production
ELEC^Kir
, total*B \ < i i c e :
J U i l\\ at r
r$\ Up* «I ' m it(
dtilUOihci ;
S \l s t-o ni \nm
Kes d. ' 1Pui<li \ IiCo i'lui i '
Sm il' \
Stnei <xvOther I u
I I . . >r,1, T<
1> ajid
Himaiel n ^ itu
t] )r jc,v m l ii• i t ' m d
1 ' t l i r( h 'h \
c tut• f>T iu r j i
ceL I
cv\U ,
V1 i (
, >
ll()A
i1 r
1'
11t
u!
1 POWER
Ii l! Of
Ii ll 'jl
It )
' rh 1 r u
k\v »
do'[O
< l e c t
( h ]
>
< i
! ! <
dC )
ELECTRIC POWER AND GAS
(Ldu.< n J Irr *T
Mai 'u ' c t u " d s. i-C u^t ii i , s , U/ d
l;oi ust ic . . . . .JI, 'isi lieatinn-I n d u c t ! i"i 1 r am ^r i
Pales t< (VJC, iijjr° loi i
b i b
IJoncv J f > a [ H o• T,] - O 1
' '3
rai it
i 1,489
4' 2x7
U , 1 i1
r>, ^791 7*9
12, 004
7, 9314,160
10, 949
12,444 11,981
8, rlt]u, 96S
11,22,J, Lib
10, JO"
F, 129
\7r»9 !4 or '
130 !? i '43< |
. i
4,MO
K.6212411
i l
1^,05" I 12, "65 I 13,456
0,T',n I 8,7316 I i l
10 796 1J,"O21 1 8 3 rJ1,18 j L , 3 r ) J
1 0 .>",7 | *vr<>7 !
1 -91 I l , ' » j - 12tO I . 7 " j
222 '412 ' l1
9 057i ' 399
1,337
10, 895
13,641
9 0544, 587
12,3111, 330
11, 3822, 396
130
2, 034 2,1265,448 5,616
217 I 215248 ! 254
580
10,012M.V0
[0
N . , 9 ^ I 10,0~2
M'. IWI o ; r ^2 / , (i2'S
201, %
67 65
201,*!"4 1 L,0V>M i :>14,1C ! 219,913 j 228,1.59
10,061 j 10,110 j 10, M'2 ( 10,1159 Vis
10,15f9, H94
292 j 3043 ! 461 ' <*£ ! 4^7 i 4 IS
25, U)5 I 2 V , « 1 ' «il',t)><} I 33, o U 37.04.)14, "o7 i 10 ,7 (0 ' 17 <0 I 15,6L 5 15. V. 2
r ' i 1,241 ' 2,^7 7 , 2 . 09,156 10,41*1
I'), 1
NTnrui il J J^(V .MO' I 'P S tOl Ii .
I'i h ' ' ' ' nd < /! fn ?(.! dC ^ ^ to ! OT ' , H ' . f H J
In TJ , K II ] i d ^K( v' ur , rt 'in - k< r,
; , 9 I l . ' O ,
1 0 , ^1 0 , 6 9 9 | ] L , 0 i l 0
4 1 ]7t . 'i oil
A in ft
lT1 1 (C W (" ell do
0 'M i
' ( 't i
7,0 7, 1..S'M4
10,1069, 350
2S2465
37, 95017,3129, 60S30,791
35, 157219S8
34,904 35,15721,620 j 21,9S80,1 ?.O 6,10"
6.918
12, 293
8, 3813, 912
11,0271, 266
10, 8012, 195123
2, 0095, 45618525151963
217, 629
"•0,1'99, 3^3
SS,()iO16, 99710. o(;510, 7Cl
3", 1662w2i7
6, 7M6. 987
1 j l « 0 , ' ' s j U f ) , 3 - J 1 4 7 . 0 7 1
? .(»(i 3 4 f ' ±7 I 4 9 5 1 5
591151,963 ]
Tv\ Q737?*, -( < S i , !(»«' \ ' l ) i | (U, " ? i 95, 510 i 95, 21-1
2 S 2 U ) ! . f , 4 5 S | , 7 0 0 | 4 1 , h i s J 5 1 , 8 3 8 | 56 ,464, ! - . , j { j v i 1,1,w 1 j( 7 {) J . ' >!77 ' 3 0 . 9 7 5 | 34 ,8S5
0 . 1 11,74 ' ) ! i 4Ju >>,7 7 I I 8 . d 7 i l'0.5fe;' 2 1 , 3 2 1
FOODSTUFFS AND TOBACCO
7,194 7,170 I 7,1.-2 7.11;3
13, 095
8, 7004, 388
12, 0611,034
10,8952, 0G0
117
1,9245, 750
179248553
212,603
10,1199,351
2^0473
38. 02516, SPfi
<», 45311,457
34,48920, 851
12, S85
8, 0514,834
11.5751, 309
10, 8091, 990
131
1.0275, 821
160 j241
'13,6.16
r 9, 363^4,253
12, 105
29547^
35, X i;\\). '2\u
6, ( > I11, s:-7
32, li.-)]
«| 11 I
l . " 7 , O i l I l r < 0 , - 3 i )
56,911 I M.W9 , U0e.7, 356 ! 50, j : , 2,';•», osfi ; :;3,90721,920 ! 2 1 . : H H )
r, 2i»!
I I ! , J M
ALCOHOLIC BEVERAGES i
Fernit'Tit.'d malt liquors: jrro-hu'tion . _ ..thous. of bbl | 6,055Tux-pnul withdrawals .. _ . do ___j 5,61sH t l do j 9,000
|1*2.4079,2S7
551,421
5. 5975, S.".G9, 019
10, 65810,862
i, S24525, 395
8,1878, 331!,:-70
5, 8515,3209,324
7, 5817, 634
702523, 596
5, 2005, 475
589
55
s'6,4,
521,
3,
074393776
742850504601
25261741?
518JG38 j 518,' 358
10,303 i 11,7618,982 i 10,529
930 1,096
522,699 530,859 536,917
12,2557,331
13, 532 I 12, 6585,019 5, S34
Distillc! spirits:Produftioii. Hums, of tax gal.Tax-paid Yv ithdrawals. . . . d><Impor t s . . tliou.s. of proof ',\\\\Sio^l's . .tiious y. t*tv f ai
WhiskyProduction ... do _Tax-jia'M withdraw a's .Imports . - . --Stocks . _.
cflncludes consumption in repot-;me: conjpisiiV j)lants. TTOxrludes consumption in reporting company plants. T Kevised.tRevi ;t'd si ne^ TNlanuf'iftun-d and natural'tras re\ i^ed boaihiiing January 1929; earlier data will appear in a subsequent issue. Revised electric-power sales and
revenue from viles Derinm.ie 1947 will be shown m a subsequi>nt issue.• Monthly 'Inf. for 1920-3j (nrresp'}Tv'lr
ijr to avcnipt-s shown on p. 97 of the 1940 Supplement, appear in table 28, pp. 17 and 18 of the December 1940 Survey; reviseddata for :u! months of 1940 are J i o u n ( " p. 41 vr the June 19 U »Surve>.
4, 0014, 3008, 314
16, 7018, 176
770519, 017
6, 7626, 354
3,9154, 1947, 840
21, 48711,494
3, 3963 7657, 325
13* 1731, 240
3, 6063, 7777,001
15, 7128, 9581, 386
3, 8633, 2007,483 I
16,0156. 043
f>76
3, 6003, 18")7, 787
15,1316, 974
630
4, 4343, 7-s'O8, 255
15,4758,458
879541, 932
12, 6026, 637
5, 1294, 5228, 642
14, 7258,0111,052
546, 764
6, 144
99
5/)8
1491,
549,
12
8393fi0834
728
535788
027
chou-- nfpr',of «••: I. !,:-70 589 413 '601 930 1,096 1,270 I 510 568 812 I 991 I 1,448. . . . thous olHx'J" 1 ; 501,077 I 4S0, J38 1 479,189 477,484 I 476,980 I 476,298 | 475,611 j 479,102 | 486,133 I 491,301 | 495,735 | 499,854 ! 502,847
S-24 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to- 1 0 4 1gether with explanatory notes and references '~—to the sources of the data, may be found in the i -rn, r i1940 Supplement to the Survey j '
1JMO 1041
June July temtTer I O c t o b e rNo vein- Decem-
ber ; ber
FOODSTUFFS AND TOBACCO— Continued
Janu-ary
Febru-ary March j April May
18
6(39
\ 7.JU'02
3, «; /J
34
IS6S0
ALCOHOLIC BEVERAGES—Continued i
Kectifled spirits and wines, production, total jthous. of proof gal J 5,372 5,2^9
Whisky d o . . . I 4,3-Indicated consumption for beverage purposes:
All spirits . thous, of proof g-d. jWhisky . do !
Still wines:Production . . thous. of wine galTax-paid withdrawals.— do j MImports . do ; _. _Stocks . . . . . d o i 93,
Sparkling wines: iProduction do < 83Tax-paid w i thd rawa l s . . . . . . . . do j 34Imports do i 101Stocks. ___. do |_._._ G60
DAIRY P R O D U C T S jButter:
Consumption, apparent! thous fibPrice, wholesale, 92-score (N. ) d >1 \ - 'Production, creamery (factory) t t i n o D ' - n 1M *i i n (Receipts, 5 markets dStocks, cold storage, creamery, on 1 c f n h
tnoi^ cf lb " ' s ' < 1 f s wl i"Cheese: '
Consumption, apparentf-.. ..- ( >Tmports§ - - - - 1 'Price, wholesale, No. 1 Amer. ( \ \ ) \
! 1 I 1!> 'Production, total (factory)f th > i 1 i> )i
American whole milkf 1Receipts, 5 markets 1Stocks, cold storage, end of month <• > 1> v
American whole milk xo i 1 »Condensed and evaporated milk
Exports:§ ICondensed (sweetened) 1 >Evaporated (unsweetened).. lo
Prices, wholesale (N. Y.): 'Condensed (sweetened) lol p*. r ° ' tOEvaporated (unsweetened)... >
Production, case goods:f ICondensed (sweetened) tt M j 1Evaporated (unsweetened).., ) t 1 s
Stocks, manufacturers', case ^ K e i 1 o(month"
Condensed (,\\ eoTo-n^d^ _thou of Ih ! • * ' i
Fluid milkConsumption in oleomargarine _ do | 1 ' '<PiK'P, doilorV, ^tamUrd J? ide dol ne 160lb , 2 2 >Production o r in re ipo l i s «iT.U M VVA) ^ ^ i
Receints: 'BO-MOP . . . thous of (j J.1 17/Crre t t c Xew York . . . . . . . . . do . \ - . i.1
POVUIPTP<1 milk: ,FA port« . . . - - thoa^ oMb _ J <Production . . . . . ._ do , >i l i ,Stocks, mfr \ , end of month .Ao ...t .57,211 10,112
FIUTITS AND VEGETABLES !Applet* j
Production (crop estimate)\\_ thorn, of VShipments, carlot . no o f t . i hndb , ''!»Stocks, cold storage, end of month i
thous nfbu HCitrusfiuits.carlot shipments no. of i lrlo .<:?- - 1 ' 1 <Onio is, crirl<-t shiprneiils - . . . d i 20""Potatoes, white" !
Prifp *vb< le^ile (X Y ) dol. per \"0 lb i ' '»'.Production (crop estimate) - 1 h i« of bu | ' '>r ' '>Shi[)m^nts. catlot _ no ofe . i l ^ i^ i l't . if>
GRAINS AND GRUN PRODI <"!S !
Export?, pr.ncipil cn ins , irnl. fv ur JIT! PI 'K 'tllOUS. f i »U
Barley: jExports, including malt§ lo .Prices, wholesale (Minneapolis):
No. 2, malting dol p • h i 7No. 3. straight lo
Production (crop estimate) thous o ' M - »i7 >"'Receipts, principal markets. do 7 ^ s 1 M ' 2 ^ 0 1!Stocks, commercial, end of mo <^> \ * ' 6 ] < i H) .
Corn: iExports, including meal§ do - i t , !Grindings do " 12 bPrices, wholesale:
No. 3, yellow (Chicago)! . . .dol i cr f uNo. 3, white (Chicago) '^Weighted average, 5 markets, all erra-ir* i
dol. per bu _ J .71 . 66
•"Revised l December 1 estimntp. 2 July 1 estimate. 3 Xo ruiot'^Production in "commercial areas"; not comparable with earlier estimates of t
ditionsare included.{For monthly data beginning 1913, corresponding to monthly n verages ?howrtD'ita for 1939 revised. For revised figures for prndiMion of'c »n IHISOI •MK! ev
butter an i ehee^0 production and consumption, superseding fi'rures -;bo:,vn ;n the .§Data for 1939 revised; for exports, see table 14,' p. 17, and for imports, table 15
4. 1S2
10.350 !y.oco i
6,114
14,,13,!
6, 7495,856
16, 85615,231
100, 100,435 j
130 1132, 148 |
50 '52 S32 I
U
l h *) >
. 66
t i - - n .
)tal c
n p.
| 105,I 8,
647 !781 !
35. 60210, 273
216
4, 5633, 755
12,293 I 8,10,894 ! 7,
10. 14710 213
957
,111,533
056068
170, 183 ! 172, 258 j 163, 774
54 j84 j54 !
843 i
73 I 82125 j 102
36 j 455SU 492
I
1 2 9*9 j 0 "<1
120, 724 156
39 ;io !
512
;. 380 i1.833 |
'. 116 j-.108 |
. 6 6 7 ], 983
107038
6334
7539
143,
I 1965, 368
,345), 547
863',828
141
50 I35 i
6 I551
-» P i 10 1
c-
i ) In;
[ 1 I i ' ! ' .
j . . "0
ro
.63
1 * J
1 n
( 2 1
110
4 1 J »
1 2 Q i * |
i s ( f I
1 1
00
s 017
104,2
100
^ 111
4, 1343, 300
10, 9099, 209
1, 7238, 008
134135, 410
14039
1 4
1 }
(i-ti1
0 |\ J)
I 1 t
5,1644, 199
13.50011,632
1,3657, 124
158128, 204
15152
176,784.36
215, 57074,366
r 56, 792
84, 0442,114
.2199, 70076, 66516. 139
-119,718>-102,S69
7 ^ I s A2"> I 8,2927i 19,366
5.003.43
h 11 9 111 I 9 i-H ] 10,258li>7 J4» - J 7 21 I 2 S 0x1 353,761
176 i 21 | I%.or3
6 ?_"2 24 I ~ J) \ J 3, j 'I L"j
i .Cl 10 M " i ^ 2is H 972I
II 21. V'S2 0 . 2 " " i 20, ' I * . 1Ul,~<>: ' 12 \ 1 7 - 11
12531
or17' .!*, T l i 35,927
1 770 i 1. 11"2" 770 ' 32 17")
i,2i'«
C° (-1 1 I
1, 2si i 1,218
7,228126, 160
10,327173,838
6,016 | 5,101
44, 477
21, 353127,288
1.631
49, 501
22, 480132, 704
2,27737, 282 ' 49,21236,036 j r 36, 676
2,720
17 07 I 10,529 I 5,9991 ) «.MI ' is -,n } 16,9371,."V. i 1,703 j 920
! j1. '1 1.48b 1.590
2, 718
2,31619. 8692. 762
1.700
o7h j 25. 7«i2 18,442 22,655
.63
10-5,( 3
t.2
.58 !
7^6
n
. 59
.50
.51
6.357
5587, 219
. 00
.58
4,211
162
.51
.51
6, 5106,561
40r 8,811
. 66 i
.70
.62 !
5, 291
123
. 55
5, 4425,157
r 9,549
.69
.72
.67
263
.58
.54
9,5984, 726
1,016r 9,194
.78
.69
yp. 18, of
or "commercial" crop. Some quantities unharvested on account of market con-
of the 1910 Supplement, see table 20, p. 18, of the April 1940 Survey.milk, ^ e note marked "f", p. 42 of the January 1941 Survey; revised 1939 data forMl Survev, will h>.> published later.the April 1941 Survey.
K'YEY OF CURRENT BUSINESS S-25
\ i - . i t h ' . V . f
. . . t ' n •3»<< . t > - i t i l
• ' " ' " ' 1 " ' : . - I . , /
1940
July I August I t e ^g ; r October Novem- Decem-ber ber
Janu-ary
Febru-ary
1941
March April May
FOODSTUFFS AND TOBACCO—Continued
^H IAD GKA^N P»:om £ r
Corn —Continued.P roducVj i tcr m t^ nn ue) I L >ui t ipK, Dnncif xi i ir1 1>bi, p n u n t s p i u ^ i p u m t 'St.) . s fcmrneicul H ' i •! i.
Oatsexports, melinini • ) ,ti u ilN'"' ic \ v hi 1 s ile, i.\( >, \i it i i
I
"loducMon (cioi) t -4r tt ^ t> i of . \ iK c i] t s r rn j; il PI i ] < K o _^ t o a ), (i u Jiirr il, Mid o i i« ITJ <io
p t t _ .I'iicc, wh lua* , h ic* <i< U(NTI \ Oi1, ls
(lil < IP r v l u c . i n ( c r o p i * t i • r i ) t . i '>^ n i t ' i u ! n . f > s fl 1 I 1 i i i i r
i ' C i ^ . r i u ' l , t i 'UK w M >l)
i h i p m < ^ tr m 7 i n i i ! ' e1 v- * i i f, il«i I •
- * v s , «i r i t ' l ' i
' vIM U S , 11 I I ' I kiK H
P i i « . e , i< u» , c > ( i
P ' n a t i o i io r> a *;
-U)C •>, v. ) ' 10 ij I1 i
a o . I 1 , ^14co 1 l'n
( \ h e r , i In,H Ii • it or tv
M) 2, ' . t\ I IL ( 1N O J r u i i i (
V\ 1 i 1 1 , h r i i 1
P r ) l i i ^ M J i i T o J , i
i " ' J \ itl \ it i v t
^ I l l P " l ^ ^ l t ^ D J 1 ' I1 't ( K r <1 of f 11)
C l ' t U ' ' M V »
1 » , i )( O M i( ( II ' T » >
M< i n
\>VMt 11 'It
1 ri ' i ( s
-•* i n i t ,V' 1 t (
p j d l . *i i< i . r . i n !
Op if
» II
til 1
»li 1it i , i 1 1 < f T
', Ob
! 0L 0
, , J ' l )
1 i! * l i l t r
^ 1 i ] ) i i n K '<
23 i l l14, 3^92.1,419
.35
3, PU
294, 6°,213,357
0o9
3 S
9r;4
- t J 1
22, 46415, 12625, 354
.32
4,3272,769
246,13522, 711
.039
283
748
1,017
r i , - . * , ,n, if»s
J1 )S ^
15
Lot 416
1.44
9,037
3,6801, 876
. " I
AM, 181
lC'J,lr0
0 i
19,23112,38528,119
69
.30
13,2878, 395
190,20952, 240
.040
28, 89212,61741,179
59
.31
7,0759,135
247,49818, 406
.038
970 2,896 I
1, 019 1, 558
2, 067
:-;70, 624100. 879 370, 3:0 l-20, 523
173,4M. I 400,797 | 491,976
' 41
37, 60918, 6G059,314
74
.34
4, 2387,093
245, 88121,221
.033
21, 60812, 19065,489
87
.38
^2,449,200
4,0316,688
347,58023, 675
.034
20,71010, 43370,067
.38U,235,628
5, 3376, 592
358,18516, 228
.0352 52, 754
9,112
2, 9769
. wU
2 "2, 3« 1
p 1
rs t1
> 11 9 L
4 i">
1, 162 ; 1,737 1,785
< S ! 991 j P39.94 723 mJb 307 401
0 f)0 10. 44 j 11.00M) i 11.02 11.339 o() ' 9. 85 i 10. 4J
1'>, t 0 2, 259 ! 2, 177
1,5208, 520
220, 504
3,044
76. 7.N
17.0>5
37'., r,i3
LS'J, 523
1, 4678,112
4, 4311, 293
.90
. b2
1 r\ 'JS i
409, 364
17f, 390
t T201
2, 379 1, 519j
1,413 | 1,371
:;, 746 4,012
167, 270
429,129
(3).50
1,0787, 658
4, 061)'519
.92
. 85hi
l!,6, 5^7
39 07
4 hfi
211, 149
380, 200
.5040, 601
7136, 040
2, 206301
.83,S5
2 816, 69S2 227, 5172 5b9, 151
9, 6o2
440. 293725, 12S1( X 776105, It.7106, 3032b3, 8e>2 i
16, 4339, 050
70, 278
53
.38
3, 5435,664
305, 9088, 421
.039
13,8627, 091
70,142
70
.37
3, 0504, 745
423. 1167,933
.040
J, 287
3,1)61
18,6289, 280
71, 290
274
.39
4, 5674,077
377, 8947, 282
.042
81,855
431,886
6096,223
1,86446
10,0°."
Ii", 153
101W
I
2,175 I 2, 427
1,033 [ 1, 1101,083 ! 1.324603 ! bO8
11.5011.4711.53
12.0910.1)7
1,863
977892
12,0612. Ill10. 50
9,02240o
4 '24 16
>o 09 Ah
(o9 -iOb
5, 700
1, 604
976624290
11.8512.6110.58
9 Ofl
40, 000
)^ 00 2 S
60) 72^
r, CJ
lt 600
964623266
11.9013.08 !11.94 j
721
1, ISO
3, 307
4 [7, 27722(5, 943
378, 074
'.50
5,462
213,216
37S. 179
5, 209
2, 4846
s.oso
\{j 1 Jt
j 42
I, 313
828475220
I1. 2712. 5512. 50
3, 70Si, < m
7* ( 7">V\\ 755
2,302 I 3,113 i 3 ;595 ! 3,787 I 3,039 I 2.513
bu
1 927 1,598 I 1,497 | 1,692 ! 2,371 j 2,682 2,823 I 2, 14S718 619 I 677 | 60! ! 730 I 905 I 960 I 8Ki3> 33 | 37 I 36 I 42 I 47 i 40 I 53
i I j ! j5 01 5.99 ! 6.23 I 6.59 | 6.41 ! 6.24 6.42 j 7.69
7 6 9.2 ! 9.2 I 9.9 I 9.8 I 9.9 10.3 ; 13.0
LS17
48
7.60
12.8
923544251
10. SI12. 4011. 28
2, 641*
1,94170048
7.53
12. 4
17,40314,01265, 463
138
.39
4,5394,473
440,03017,970
.048
415
1,131
24,84622,13360,959
131
.37M, 117,419
3, 8544,571
382, 98123,168
.049
171
837
2,C>75 I 2,050
468, 937 5:58, 282209,425 395,017
400, 577
'3).58
"yoT | ""3,"2824, 95 L I 5,486
I
1, 2464, 5721,414
. 97S7 ' .90
.90 I .94
n,"(\{'> I 17, i n
H9, 5.V> I 42b, 235
l.i", 119 I 139,51.';
8 r ) ' l7< S
40 SbO( 72
r > I ( S
<> 1 I <) ro7'it> M i l 6 7 > I I 1
> 2 > > I ) 100
1,593
955637302
1,981623
54
1,0130242S2
10
11.
673131
10.11.11.
230734
2, 561
1,9745S7
8.97
.12.9 I 12.4
ccri>)l, 11 r- 17 rf the Anril 1941 Survey .
S-26 SURVEY OF CURRENT BUSINESS 1941
Monthly statistics through December 1939, to- 1911gether with explanatory notes and references jto the sources of the data, may be found in the1940 Supplement to the Survey June
1041
Jans July i October | "°™n-j *™- j ™ - \ March | April ! May
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK—Cont nuc d
Sheep and lambs:Receipts, principal markets.thou of a im i1Disposition:
Local slaughter _ doShipments, total _ no
Stocker and feeder djPrices wholesale (Chicago):
Ewes dol p^r 109 lbLambs a<
MEATSTotal meats:
Consumption, apparent mil o lbExports?}. doProduction (inspected slaugh+ ) < oStocks, cold storage, end of mon*b i
Miscellaneous meats dBeef and veal:
Consumption, apparent thou< oHrExports^ doPrice, wholesale, beef, fresh, nsti\e s t a r
(Chicago) dd pt UProduction (inspected slaught r) 1l 01 it 1(DStocks, beef, cold storage, end of i TO < o
Lamb and mutton:Consumption, apparent < oProduction (inspected slaught^-^ d >Stocks, cold storage, end of month do
Pork (including lard):Consumption, apparent doExports, total __ do
Lard drPrices, wholesale:
Hams, smoked (Chicago).. del per lbLard, in tierces:
Prime, contract (N. Y.)-- doRefincd (Chicago)
Production (inspected slaughtoi)
l l fo1 2_~
LardtStocks, cold storage, end of month
Fresh and curedLardf
1 0
1>flb
o >d<odo
, • - •
| I 1 1
i l o i
p iJi >
9 i-±
1, 1 2
9~4
1 I f I
0 jI
i m | 4 0 j 4 00 Ot
1 r20
r, ^10 23
1
1. »
1,1']
1 j 1 1 )!
-0 |j
4 I
<*
1,
1/
r
n1! -iI
1i
9r
rn
""5
! r 3
1 J
- 0 ( )
J > ( 2
r( K
i t c
21}
POULTRY AND FOGSPoultry:
Receipts, 5 markets l ieu of lbStocks, cold storage, end of im * tb <.
Eggs:Receipts, 5 markets . thou*-. Af c °> iStocks, cold storase, end of m r Hi
Shell 1 - th s- of c IMSFrozen Vm of ib
TBOPICAL PRODI CTSCocoa:
Imports§ ' n^ tor*Price, spot, Accra (N. Y.) dol D I 'b
Coffee:Clearances from Brazil, total, tl i\ s of b
To UniWa States ^Imports into United Rtates|. JOPrice, wholesale, Rio No. 7 (N Y }
doi \f lbVisible supply:
United States thous of b° "Sugar:
Raw sugar:Cuban stocks, end of month
thous. oi £p r x r t >LSUnited States:
Meltings, 8 ports . l->r?t usPrice, wholesale, 96° cent^ fug 1 ( N ^ >
ioj i t 11Receipts: From Hawaii and P" fr c 1 o
Vjn to sImports, totaH§-__ _ o
From C ubat voFrom Philippine Island t t1
Stocks at refineries, end o' n i nth dfRefined sugar (United States
Exports doPrice, retail, gran. (X. Y.) . do1 p< r lbPrice, wholesale, gran. (N. Y ) do I 01 iReceipts: j
From Hawaii and Puerto ~RK Ion0" tons. ( 2 7Imports, totalt do J
From Cubat <F r o m Phi l ipp ine Islands"! do I
Tea , impor t s t ov-. o f l or Revised .tRevised series; revisions begir n g Trti t
1 r ' ' V y r r r n t ^ M% M o n t h l y figures beginning l c H -)rr°^ ) T M • t1 < nr r t h lt i n accordance with new d e r i i i n r n s ffT c+ n i ()
pork fat." The twTo are here con biiK d to ln\ f f1 IT MC IV) r bic§Data for exports and import i\ M ! f r 19 °, L t b3c 1 ' , M I ,
1 00°s
1 1st
1 2 1
( 1l
1"
r70o i
' M UP I 1
i o o
1 4"
0 1
1 4 \
y 21
1 ( ( 5
C 5
1 1 /
1. "•1 4 S
2 421
r {-"•
38 i
0 ~
: o i
Oi
0 1
1 11
0 S
1 M^S
2 4
442 2^4
>,(,
i l lf i l
0)0 0011 ,
1 M i l i
21
f i t r
\ th t^ I t
\ i i. i p 11 t hi1 r I i ) r ! c s^
i r i u j h , cf th° A
) o0 1 J I
9, H
nailed "f '
tf i s Ui
' ^ ^ r t
21 44^47 If 141 ^
Mi lG 1°7
42n
4(0
1 S "f
0 0
20 P 2s 1 s> IS4 2^47 7 3
1J
1 9
) 4
4~3
( 2"01
0 12(4Hi
)0
i r r,nno
t both production and stoc
t rtcd a "laid" and "renckr
August 1941 S U E , V E T (,i S~27
Monthly statistics throiirh D° ti^l^r ' igether with explanatory m tes a n i r . O Mco the sources of the data i\ b^ '"•» ] a u1940 Supplement to tne bur e,, Ui,j \ \ . \
Janu- I Febru-ary ary
1941
March April May
f (5
MISCELLANEOl S I«OO1 1 timn C '- S
Candy, sales by manufacturu^ tboas f f 1 )1F i sh : "
Landings, fresh fish. prin. ports..tho *s of 1LSalmon, canned, shipments . c vStocks, cold storage, 15th of month
thoi s of 1!Gelatin, ed'blo:
Monthly report for 7 companies:Production doShipments ( oStocks (iO
Quarterly report for 11 companies:Production dStocks Hi
i 12 s^f ' 1
Leaf-TOBACCO
Exports, inch scrap and st('-ms§ .thous. of lb.|Imports, incl. scrap and stems§ . _..do IProduction (crop estimate) mil, of 'b_.jStocks, dealers and manufacturers, total, end !
of quarter mil. of lb__jDomestic: j
Cigar leaf do. . . . jFire-cured and dark air-cured. ..do jFlue-cured and liuht air-cured do jMiscellaneous domestic do J
Foreign grown: jCicar leaf do !Citrarette tobacco do !
Manufactured products:Consumption (ia\-paid withdrawals^:
Small cicarettes millions.. |La^e cit'irs - - - Ihourands ,Manufactured tobacco and snuff
thous. of !r»__Exports, cicarettes^. _ __ thousands, jPrices, wholesale ihvt price, destination):
Cigarette", composite price. dol. per I,000_.Cisiars, composite price do
Production, manufactured tobacco-Total _ . . thous. of ib_.
Fine cut chewing doPlug - doScran chewing do ._Smoking doTwist do . . - .
f 0i \ 8?
1 < 22 '
20, 9656, 425
' "' »> 40i 21, i l l 21 ^ ! ~2 a/)
1 1 " i *. <*'/ J70 4 3 ) l ! , 7^ jf(
1 J I 1 307 1 f "• >1 ( I
ic» 07o I 20,411
22 ( °7 29. 189
71, 458
5, 192
15.533 i \i,:<(0 I 7.044 i 11,526 11,836! 18,9477,780! 7.329, 0,239 i 6,734 5,365 7,091
i 1. 376
031 :. 123
378227
2, 2903 " i 2 ^ :
3, 43
1, sor
14, 8446, 268
202i, 789
1. 6861,5135, 935
37, 224277, 998
49, S05
1,8502. 5455,240
6. 9777. S04
14, 9304,898
(Q
100
435, 02915.913
400, c23
GC 1.312 j 406,070
5.513 I 5.760
15, 8 JO ' H 890 i 16 4184S7, Oil • 175,725 | 583, 508
2 \ 8 W 729639,101 , 2b5.106 j 533, 455
14.347 | 13,815 16,287507,349 349,780 i 403,166
28. 500 | 24, 758
5. TOO ,k 050 ', 46.050 i
5. 7»'O46. 0u6 4C 056
472, 923
5. 70046.056
24.167 i 26,8S7 | 25,933 | 20, V0 ' 31.133 ' 25,704367 432 4^ j 31 ^ | 44-' \ ' 421
4,1 [5 4,."3,187 3,9
10,082 i 17,4
521.,9-5, 460
489
4, 2253, 807
10. 9-19497
J, 145 i 4. 1953, 525 ! 4, 00Q
17, 7t>2 I 21.950 17, 642442
597^ 390
5. 76046. 056
22, 941380
3, 0813,190
15, 227456
28. 958626,129
5. 76046. 056
25.153426
3, 8823, 636
16, 752457
14,465385, 349
25. 202584, 281
5. 76046. 056
22, 630
3 748
14, 719461
19, 4047,087
3, 56R
396
15, 529430, 326
28, 253685j 139
5. 76046. 056
24. 766389
4, 0653, 385
16,458468
18, 467
47, 033204, 808
35, 757
1. 8472, 2054,882
14 0305,927
15.854490,585
29,127685, 513
5. 76046. 056
26, 246402
4. 4063. 745
17, 209483
15,512
54, 580
41, 435
2. 0282, 0554, 856
22, 6996, 526
17,858475,067
29, 232926, 183
5. 76046. 056
25, 462427
4,2883, 524
16, 847376
FUELS AND BYPRODUCTS
C O A LAnthraci te :
E xports thousPrices, composite, chestnut:
Retail . . dol.Wholesale .
Product ion thous.Stocks, end of month :
In producers ' storage yards..In selected retail dealers' yai
number ofBi tuminous :
Exports thou5-Industr ia l consumption, total
thousBeehive coke ovensB yproduct coke ovensCement millsCoal-gas retortsElectric power utilitiesRailways (class VSteel and rolling mills.Other industrial
Other consumption:Vessels (bunker) . . . thou*Coal mine fuel thous
Prices:Retail, composi te^. . . .do l .Wholesale:
Mine run, compositePrepared sizes, composite.
Production:}:... thous.Stocks, industrial and retail d
month , total thousIndustr ial , total
Byproduc t coke ovensCement millsCoal-gas re tor t s . . .Electric power utilitiesRailways (class I)Steel and rolling millsOther industrial
Retail dealers, total
. of long ton3._
per short ton__do . . .
of short tons..
do
11> ' cui ply
cf 1 ng tcr^
(f llOit t 1 c
Q O
< O
( V
C f
dot
Hit
of Ion toof ho t to
pe si oi f t
0
o f - n o n i' r
([ n o i t t ^ nd<(lc
()(l<d )i io
do1 )
11. 579. 8074, 886
<1 i
7
s s o
s
C S ;
0
i «(
I
>
6 ( S0
1 \ 1
9
1
2 i
i4
y
- v l
f,
19
I1
7
363
04333492
500
40
9 8
9Si. {»
1^44J
( i_ f
s o1 H
i0• •70
1 f )
2 ) i
< . 0
c [
'31UM
( u)j
> 1
4" M^ )s. °
9
1
25
6
40
7
4" -j
i
7
)
17
329
462408
0"^
10
8 °^ 7({ )
1 3i n
oso1 >
4
>
i
9.
1
1
2"
f
4,f,
7,
J- i
5 )
7
I
!
222
558775
if l
so0"94 ^
1
7 '
i
2"i
il i
10
i l
)i 1
!
t 1
) j
I
f
|94
1
1
2f
6
46
j
1
1 >
s
1
221
41636050
279
4Q
7 ^ •>
32i t
e, ->
1 91 ~'T
! !V7 '"10
I f »
rv"-*
0 ) 0
1s7
6 )f ( f
i
( ( i
V9.4,
3,
1,
(\
7
q
3
9
"M
1 1
)
167
48769234
112
9
C 1
•>/3
5 v
1 > ^
S 1
^ i
1 "
/
4 )
f 0
r 6
0
1 J
119.3,
1,
i
°0
7
40
51
[1
"•I
i 4
Ml
775809
112
57
0 "
f >
<)
r
^>
) \
S )
" )
1 72\ ,
j
3)3(1 )012
) 1
1~ 0
194
32
6
48
153
1.59793699
939
45
518
637730999507171737072975
10, 440
44
41,
5042i 0
11,5.
80296
3. 87
393018400
998978184436284336921827
13,9908, 020
146
11.679 8234,977
704
33
454
33,588817
7. 061407152
4, 7828, 1761, 043
11.150
' 9 8315
8.87
4. 3904. 616
44, 070
48,70242, 102
9,' 887408258
11, 1196. 235
93513, 260
6, 600
159
11. 669. 8264, 432
531
26
488
31,161789
6, 445370139
4, 4467, 666
96630,340
78298
8.87
4.3894.615
41, 695
48, 51842, 518
9, 890440247
10, 9447,2361,041
12, 7406, 000
180
11.069..4,
••05
395
331
23
658
34, (<•
7;
48,1.
10,
V41
:70150"29'00124X80
77545
8.88
4.4. '
4S,
50,*45V ,
1 1 , ?8,"1, '
13,,5,
}. SO
">15
.'50
"90"90N54
>02M7530'SI276".SO
00
97
11. 679. 7993,198
197
43
528
29, 023148
0, 404489136
4 , 1 6 47, OCX)
9469, 730
8043
8. 86
4. 3984. 5335, 975
35. 97131, 891
4, 970390188
9.0145, 058
72110,950
4, 080
119,3,
1,
' 3 1 ,
o,r 4 .r 7
309
.64779858
169
53
511
1998508715961349167 "5837
9, 240
r
4.
124307
.85
5474.618
43,
r37,
'Zr
r 8 ,r 6 ,
11.4,
400
483583
483162991
737350900
••Revised.JDa ta for 193S revised. See i 5 o u ° \ m i 1 i n r ^ ^ t^Composi te price for 37 cities i I I i m S M U b I n 1 ' i^c > ' " o f n s i i \ o§Data for exports and impor t t v i d for 19)9, ^cc table 14 p 17, a m t^ble lo,
2 J u ly 1 estimate',!.
i l f c ,-n i (_ t h c t m I M I December.ibft i \el j , of the April 1941 survey.
S-28 SURVEY OF CURRENT BUSINESS Augu.-i 10-11
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
19-10 1941
June July | August | Sei{^Tm
I !! Octob'1"
FUELS AND BYPRODUCTS—Continued
COKE I
Exports thous. of long tons..jPrice, beehive, Connellsville (furnace) I
dol. pur short ton_.jProduction: j
Beehive thous. of short tons..Byproduct doPetroleum coke - do
Stocks, end of month:Byproduct plants, total - -do
At furnace plants do 1At merchant plants... do 1
Petroleum coke.. do..
4,8::
1,42S849578
PETROLEUM AND PRODUCTS
Crude petroleum:Consumption (runs to stills) __thous. of bbL.Imports§ doPrice (Kansas-Okla.) at wells dol. per bbL.Productiont thous. of bbl._Refmery operations pet. of capacity..Stocks, end of month:
California:Heavy crude and fuel. thous. of bbl_.Light crude do I
East of California, totalJ do IRefineries; doTank farms and pipe linesj do
Wells completedt - number.Refined petroleum products:
Gas and fuel oils:Consumption:
Electric power pianist thous. of bbL.Railways (class I) doVessels (bunker) do
Price, fuel oil (Pennsylvania)*.dol. per gal..Production:
Residual fuel oil? thous. of bbL.Gas oil and distillate fuels, total do..._
Stocks, end of month:Residual fuel oil, east of California
thous. of bbl__Gas oil and distillate fuels, total do
Motor fuel:Demand, domestic? thous. of bbl._Exportst - do.._.Prices, gasoline:
Wholesale, tank wagon (N. Y.)tdol. per gal..
Wholesale, refining (Okla.) doRetail, service stations, 50 cities* do
Production, total? thous. of bbL.Bonzol? doStraight run gasoline? doCracked gasoline? doNatural gasoline? „ do
Natural gasoline blended? doRetail distribution mil. of gal.Stocks, gasoline, end of month:
Finished gasoline, total thous. of bbL. IAt refineries do
Natural gasoline _.__doKerosene:
Consumption, domestic doExports? doPrice, wholesale, water white, 47°, refinery
(Pennsylvania) dol. per gal_.Production thous. of bbL.Stocks, refinery, end of month do
Lubricants:Consumption, domestic? doPrice, wholesale, cylinder, refinery (Penn- j
sylvania) dol. pergaL_| .123Production.. thous. of bbL JStocks, refinery, end of month do
Asphalt:Imports? short tons..Production do IStocks, refinery, end of month do j
Wax: !Production thous. of 1b iStocks, refinery, end of month do j
b. 475 I
r WO !U^7 !
149
I .X13877
r o;45697
108, 2373, 658
. 960111, 690
84
78, 443
2314,619
121
171, 4732, 021
1,0234, 0902 926*! 039
25 409U, 154
20, 33926. 412
107, 9023,771. 960
113, 24480
77, 55036, ]S2
219, 79647, 959171. 8371,860
.127
. 048
.12551, 325
„ 2 G 3
24! 2394, 4012, 6002, 271
86, 27059, 70S7, 000
3, 952299
. 0515, 7856, S10
2,146
.1433, 2128, 161
260527. 300681, 000
39, 760110,346
90 |
4.475 I
4,682123
79
4.475
4, 627 |119 i
1
1
915846069678
2
1
02~ 1S07 |219 !647 i
2
1
0587762gi617
1,2374, 1663,009. 039
14, 439
21, 90930,134
53, 865'1,484
.130
.048
.12651,879
27922, 42024, 4964, 6842. 8642, 168
82, 02554,4147,584
4, 257213
.0505, 7978,191
1,871 '
.1183,0248,573
9,761606. 600623, 000
37, 520113, 978
108, 756 107, 756 I4, 150 j 4, 059 i
. 960. 900110,523
81
76, 37336, 493
220. 23447, 950172, 284
1.788
1, 5074, 2932. 661'. 040
26, 45114, 957
24. 04233, 964
55, 346r 1,873
76 :
4.475!
363
4, 840131
2,029740
L 290' 5S1
109,3943.910 I.960 '
1 >T
109,337 I 113,418 |81} S9 !
52,
77,13450. 0567, 702
4,114196
.0495, 6299, 476
2,024
.1032, 6358,457
75. 39235, 460220, 19744. 778175,4191, 555
1. 4274, 3342, 293. 040
25, 50414, 735
25, 01537,166
52, 297r 1,84-4
52,
75, 91549, 0407, 038
5, 173173
.0496, 062
10, 254
2,150
.0942. 6828, 596
74,124So. 422
220, 89644, 774176,122
1, 850
1,677 i4,847 I i2 724 '
*!oio27,91414, 381
- I 1
1..
26, 53937, 709
53,807
( I-
'- 1 21 n
•'Jl ]t
49, (
. 122
. 045
.12252,907 i 50
290 j21, 60225, 9685, 0474. 2692. 191
73,33847,1626, 569
5, 608120
1oJ
7^ 11046 i '(., I1 '
0 7os
1.7 f>
"5 M l
21,028 I 1,447 I 39,993638,000 i 604,700 608,400
.0496, 4961,000
2, 443
.0902, 9548, 464
rv'.43110,473
2, 44'.
.in° 02'S, *,>
588,000 I 490,000
33, 320 39, 760112, 359 110, 028
oo > r . ' o469, 000 52* 00 »
43,120 4 ' (I'-l l 3, 827 U( 21
LEATHER AND PRODUCTS
HIDES AND SKINSImports, total hides and skins§..-.thous. of lb__
Calf and kip skms§ doCattle hides do. . .Goatskins^ . . . . doSheep and lamb skins§ _do |
28, 521
i6. 4015, 5763, 919
28,
14,5,5,
86310S305295199
1,20,6,3,
1231526 506)786
2S. Ill1,25!16, ro3, 6615,438
291184
6279(»9922379
2, 904
38,
«•>•>
5,5,
410
004)6SSSJ
42, 5t21, is"
21 ^2"
5.3"
41, ?*
. 2 " J4
August 1941 S U R V E Y OK ( . K i l l : f/t S IX ESS S-29
Monthly statistics through December 1939, to- | 1941gether with explanatory notes and references 1to the sources of the data, may be found in the1940 Supplement to the Survey June June July
1941
I.EATIIEII AM)
HIDES AND SKINS—ContinuedLivestock (federally inspected slaughter):
Calves thous. of animals...Cattle do . . . .Hogs doSheep and lambs '. do
Prices, wholesale (Chicago):Hides, packers', heavy, native steers
dol. per lb . .Calfskins, packers', 8 to 15 lb do
L E A T H E EExports:
Sole leather§ thous. of lb...Upper leather§ thous. of sq. ft . .
Production:Calf and kip thous. of skins _Cattle hides thous. of hides...Goat and kid thous. of skins. _Sheep and lambt d o . .
Prices, wholesale:Sole, oak, scoured backs (Boston)
dol. per Ib . .Chrome, calf, B grade, black, composite
do!, per sq. ft_.Stocks of cattle hides and leather, end of mo,:
Total thous. of equiv. hides. .In process and finished doRaw do
3. ;•,: o1,378
LEATHER MANUFACTURESGloves and mittens:
Production (cut), total dozen pairs..Dress and semidress doWork ..... do
Boots, shoes, and slippers:Exports§. thous. of pairs..Prices, wholesale, factory: |
Men's black calf blucher dol per pair JMen's black calf oxford, corded tip doWomen's colored, elk blucher . . do
Production, boots, shoes, and slippers:Total _tho'is. of pairs
Athletic .. __<io _All fabric*(satin, canvas, e(c ) . doPart fabric and part leather . . . do ..High and low cut, leather, total. . . do _
Boys'and youths' . . . do . .Infants'. _rio . . .Misses'and children's d » . . .Men's doWomen's _ . . . . do
Slippers and moccasins for housewearthous. of pTirs
All other footwear . . do .
! 9 '
2M)
32 . f 71l . ' ' v !2. !5i
iO.«H71.5. 7 2 .
i , l l f
:.o2i
437 457738 822
3,886 ! 3, 219 ! 3,1,378 | 1,448 ! 1.
432842045489
.105 | .114
. 187 | .188
2,701 ] 2.03i
M >> I I. " 1 i.
2 ^ 8 0 | 2,b7* I '!,'i 0It 1
3 iQ . 325
. -! 5
12 " ^S, ^ 7 "
I112 '
I
179,972108,67471,298
129
C On4 253.30
3,06' 5
0)CO(l)
105
6. 004. 2L3. 30
31,012320
3-;)28, i,-s
1,39!1.7)0 .3. 137
1.22
3, <s0
10,'065 ; 13] 922
3. 21 \ 4, 0i7 I
LUMBER AND
LUMBER—ALL TYPES
Exports, total sawmill products} . M bd. ftSawed timber§ . . . . . doBoards, planks, scantlings. etc.§ . . . do
Imports, total sawmill product s. . . . . . do _.National Lumber Mfrs. Assn.rt
Production, total .mil. bd. ftHardwoods . ._ doSoftwoods. . <\o ._ 2.211
Shipments, total * do . . j 2. • 7<'Hardwoods do __. i'oSofi;woods . . _. do 2. 2' f
Stocks, gross, end of month, total . do ._ 6, lMHardwoods . . . do . . ! , 3 " ;Softwoods.. do . . 5,(90
FLOORINGMaple, beech, and birch:
Orders, new . . M bd. ft. 10.3foOrders, unfilled, end of month . do l l . r oProduction do . \ 7"oShipments do _J 10.125Stocks, end of month . . . do . . ! 16,07"
Oak: IOrders, new . . . do . . I 53. lviOrders, unfilled, end of month do . . . | 79 5IDProduction .do . . . | 4', t>->Shipments do.Stocks, end of month do..
S O F T W O O D SDouglas fir:
Exports, total sawmill products}._.M bd. ftSawed timber} do ...IBoards, [)lanks, scantlings, etc.§ do
Prices, wholesale:Dimension, No. 1, common* 1
dol per M bd. ft 'Flooring, " B " and better. V. (J , 1 \ 1 V. L.*
dol. per M l-d ft 'r Rovi^od. 1 I ; ia not u i'!* \ e \ v s e r i e s . T h c - e p r i c e s i v p l ' cc^<*ri<^ ' o . \ n n . m§ I ) a : a l o r 1(>;«) K H M ! M H u i i f i ! \, i 7 ( n t ! u < \\.i,]\l{i\'^o<] d a t n r( , r 1 " 3 9 " n d I . m u . i r N •>rn1 I ' V . n u - ' x 1!)
2 I n c l u d e s a s m a l l n u m b e r of p o i i s ui s l i c e s o t h e r t h a n
91,ISP11. 89262, 50960. 725
1.7/"'5, M 0 ]
7.000 18, 9(H) ;6, 1507.-100 '
K 40(!
10-, 0 "9I J . V M JS' , 09905, 714
2 . <u7 i
9,350 j
9.3757, 1508. 750
98, 29611. 15568. 2*>261,704
2, i l300
33. 35752, 5]23S. 01")43,12770,i)27
17
49, 5,\7
4l!('."^ '4 1,4!265,317
2). 'V7S10. K0la. hliS
21 5<0
2*'» 460
3S.0HIi\77127 213
21 058
2<i 05b
' I V M C 17
10.72510.SO08, 1759, 350
16,600
65, > >t)
16. 11^
57, c 79
37,0259 ."«;.r)
'is. o:ii»
heren - J MI- Febru- I March | April M a y
.102 !
. 153 I
412812
3, 168 I1,473 !
. 123 I
.160 !
3 u 0
.300
1 2 " 10
I
507 !968 I
4,483 !
462 ! 437884 j 858
, 419 ! 6,063i1,734 I 1,462 I 1,416 j 1,625
I. 140 i . 146 .133.203
. * 53
.218
1 VI
. 4 M
.213
2 77b
2 054i {) >x
3 >20
411891
4, 517
1, 625
.133
.216
1 ,"2 7'
V 12 i"2
v 9<:
31,
1,3,
1,2
3,
384717725391
124216
278416
014120064797
3.1,
9
444766901408
129225
799781
151155417
507792
3. 8071,436
.137
. 240
143, 871
* 1,102r 2, 208T 3, 677* 4, 077
()0)0)
6.00 ;4 25 '3.30 I
206
3. 30
0) ())
0)
168 170
6.P.) i4 25 ]3.30 I
6. 0.)4 . 2 "
(00)0)
6.004. 253. 30
.355
.480
9, 3704, 286
204,313118,020 ! 127,698
76, 615
101
6 004. '253. 30
9.6 2 !
1,80', !i , • " '
I ' l , _ D
6 :M
169 I >03 " ! -Ill
0 , 1 S I1 > i 3
1. }: -1
S, 7^sn1! 1:1
1. i?:.
3, 909* 10.251
219
6. 00t. 253. 30
38, 2^8324-193
1.6!532. M'.S
.355
. 480
r 8. 9584 itW
146,59789, 103
241
6. co
3. 30
42,663Ml15:',
1. I'M'
2 9. 999 , : i;i, D ;<•15, 704 1 ' 17, M"1.
2,313 2 " ' '3(.-9n
.3C>7
13,001r 8, 6)77
4, 324
243, 889
(I. 001. 273. 30
• 42,8411165^2
1. 153" 35.012
1. 5552. 166
r 3,973•' 11. I1 is• 17.019
r 3. 7t'Or 1,019
SO,9^0
6-9.' 35671, 3"i '
2, M '353
72.862 i10. 3.2 I56 499 ,74 975 ;
2,6:: !427
• ! 7 . i 1 ; j
I. '"-5,3 -,
8.700 ]
1J. J507, 5n0S. 400
it,. 000
7 1 s i sI- 91>>.'1 0-3
9,900 ! 011. fif'O I 11.9,200 : 7,9.600 I 7 1
15, s;,o I 16,:
21 ."•)()
3 3 °..O
47, r.71 '6s, 76"*)5 i ,93852. "2151, :26
3 2 . 1 7 0 3 0 , 7 5 2 K . i N " 27. S'if- 2 1 3 1 7 1 2 . 6 " !9. !o0 S 390 5. i.i7 1 2 , 0 2 0 (>. 555 ! , : ) i ' 5
23 , OK; 22. 3')2 Hi, 128 1 5 , 2 7 b i 1 7 , 7 9 2 M,2sf ,
21 ."• ( 21 M0 L" 970 25 670 21. 9'»0
r.; 3 : 9 3 * 3 0 0 { • 2«o M , -.>. 0 3 ; , j . , o
501908
4. 0231, 551
.147
.245
144, 321
1,0332, 2643, 76)14, 632
. 375
.503
12, 8968, 5944, 302
265, 277158, 650100,627
6). 151 353. 30
1 57r 5I.3M H O
' 3 5, L»« 3
r 3. M 7r! I. 325
15,268
1 (1-(,
3D.
! ~1-1 2.
1,
2,1 6.
1,
1I1
io'7t
I,
251.M3n
«.f0
5 "(333 i202
227357SO
;o''.'^ \Ol)2
." "L.
1 7
0'>5
ro1 H)
100On 1, ( v)
v) \2
i *
2" 1f 6 ,
<S^
7'».i«!t6.
(.2.
2,
1,2_
'2,D.
l!5-
s10s7lfl
•rt
it
<7
^ r "9071.93 19
?'}*-
360n'iS
1 0, J ( t '
0 7.( r
\"l|_'9
075»"01 .0
27"U>J
"'5is!D >h
( 1 1
50 >
60. 9217
4267
2
12
1014
sI1(t
71\
4","4}s371
755HO504
17732585323235<)
873329421908
o?560")
0 )(>
()50
^"n)
9sl'is5
( )d
f-77
50,235,83,
2<
22,
2,6.)'.4,
_
V
\\
1 "
j(l
)O
968MI284861
30532706)8
39 i
36)9
023333380953
MM)V)• 10' 0V.
2 )
( I ,() S
65
3979
2
22
201
828916838734
568381187512387125406374
5,031
s11ss
"S
71
(i
70
075175175{'~>
200
2',7ovt'2712s
53, 3084, 391
40, 16895, 057
2, 609372
2, 2382, 610405
2, 2056. 4621,3125,120
9, 30011, 1759, 0009, 50017, 750
54, 44278, 17346, 76150, 35865,533
17.517 13, 135. s'.M :5, "63
12,02! 9,872
21.9 H) I 24.990
3"». 2so ! 35. 280
<!,;> . j U i f i i u - '--^ i j ' j -11 ' u t \'' K' 16, p . 17 of u i " M a \ 1911 S u r v e y .
3-30 SURVEY OF CURRENT BUSINESS Augi 1941
Monthly statistics through December 1939, to- 1941gether with explanatory notes and references jto the sources of the data, may be found in the j v ,1940 Supplement to the Survey
1940 1941
June July i August Sep-tember October Xovem-
i her !Fehru- j March May
LUMBER AND MANUFACTURES—Continued
SOFTWOODS—Continued |
Southern Pine: jExports, total sawmill products.__M bd. f t . . .
Sawed timber do jBoards, planks, scantlings, etc do
Orders, newt mil. bd. ft_.Orders, unfilled, end of month doPrice, wholesale, flooring..dol. per M. bd. ft..Productiont '. mil. bd. ft_.Shipmentsf doStocks, end of month . . . .do
Western Pine:Orders, newt doOrders, unfilled, end of monthf doPrice, wholesale, Ponderosa pine, 1x8, No. 2,
common (f. o. b. mills).-dol. per M. bd. ft..Productionf . . mil. bd. ft..-Shi p ments t doStocks, end of month ____do..-_
West Coast Woods:Orders, newt - doOrders, unfilled, end of month doProduction f doShipments? doStocks, end of month . do
Redwood, California:Orders, new M bd. ft...Orders, unfilled, end of month doProduction doShipments doStocks, end of month do
FURNITUREAll districts:
Plant operations percent of normal._ |Grand Rapids district:
Orders:Canceled percent of new ordersNew no. of days' productionUnfilled, end of month do ... -
Plant operations . -. _ percent of normal. _Shipments no. of days' production I
Prices, wholesale: !Beds, wooden 1926= 100._ |Dining-room chairs, set of 6 do-Kitchen cabinets do.Living-room davenports . do..
Steel furniture (see Iron and Steel Section).
890824
40.143070
33. 3i014543
43.57004,709
40, 14837, 595
82.0
4.0
0278. 0
20
92. 9103.993. 393. 3
28. 209 15,990 22,224 j 10,964
423
40
341808023350805602597
b24
41
Ov i
092799440536625709
1.996 |
421300 I
28. 49 |
425 |1,861
0053*3 |G.i-4
920
29,50027,40829. 29328,010292, 640
63.0
4.01425
62.012
77 9102". 388. 187.2
1,912
495 |326 |
28. 01570469
1, 9G2
742510579027900
94815, 042
91.8570
43.045720818
1,814
653412
28.17618537
2, 043
829623690702892
27 KOfi 35 Qf^Q
25." 901 32! 17328,477 30,15629.305 I 31,290289,079 I 283,907
3.0
3257. 0
15
77 910:>! 388. 187.2
3. 02438
64. 018
77.9102.388.187.2
2, 36819, 856
905603
46.010739872
1,681
29.71519539
2,051
741647041710865
32, 83635, 54531,53329, 024
4.02843
69.021
77.9102. 388. 187.2
629
9899, 975
949600
48. 676827952
1,556
546486
31.73 j544592
1,99'
286, 622 282, 098
71. 0
I681659 I090 I860
47, 67442, 85536, 05938, 245
3.02946
75.0
77. 9102.388. 187.2
10 Of7f3
l i >
j 4 -
l*x
(<
"4
77^
1 , " 7 I ! <)
44] I or -
I
n 044 4W4917
> 1
i)
0. 02140
74. 0
102.388. 187.2
31
1 s
L ' I° 7t Lil J-o
2.0 1 s
74.0
8.01™
•" 0 i2 0 i
102 i '88 i i
**7 2 '
8 >
"3 1°1
'\ 4
3 0
1
t HI
0 , H - 0 I
-- \
*7 J I *7 2
METALS AND MANUFACTURES
IRON AND STEELForeign trade:
Exports (domestic), total long tonsScrap. .. do--.
Imports, total do--.Scrap do_..
Price, wholesale, iron and steel, compositedol. per long ton. _
OreIron ore:
Lake Superior district:Consumption by furnaces
thous. of long tons..Shipments from upper lake ports .doStocks, end of month, total do
At furnaces doOn Lake Erie docks do
Imports, total do _--Manganese ore, imports (manganese content) §
thous. cf long tons_-
Fig Iron and Iron ManufacturesCastings, malleable:
Orders, new short tons „ _Production do
Percent of capacityShipments short tons.-
Pig iron:Furnaces in blast, end of month:
Capacity! short tons per day__Nuin ber
Prices, wholesale:Basic (valley furnace) dol. per long ton..Composite . do _..Foundry, No. 2, northern (Pitts) do
Productionf thous. of short tons..Boilers and radiators, cast-iron:
Boilers, round:Production thous. of lb . .Shipments doStocks, end of month.... do. -
Boilers, square:Production ..__do-Shipments do - -Stocks, end of month do
0,(),20,l\i2,
231731030919710
5,2139. 487
23, 51620. 4283', 088162
>, 075. 209
1 '.•>..,}•)
936,047318,369
5, 50.:1
37. 69
I
1,034,938 11,402,075327, 129
3, 542152
36, 50334, 700
42.7
31, 360182
22. 50
24, 893.819
1, 697.613
15.009
1<. 69814,-70
117. 975
5. 52410, 38328, 24424 008
3, 036249
39
45, 02538, S72
46. 734, 226
131, 700187
22.5023. 15 I24^894, 054 I
1,449 i
22, 910112,309
355.9912,105
16
5. 70110, 48032, 93528, 708
4, 227194
9S
1,221,052 ll , 10n,510 788 176 805,255,608 I 258,926 | 74,349 j 69,9^0
137, 500190
22. 5023. 1524. 894. 238
o 732 I13,873 ,
20 1S5, '1 , T'O
2, 50856
37.92
5, 6729, 935
37. 09032, 432
4, 658164
49
3,960242 I
38. 07
6, 05110, 00941. 12536, 280
4. 846265 !
40
5. 9735, 341
41,71236., 925
4,787229
61
52,994 j 53.079 I 71,129 61 61248.920 49,804 62,293 57 717
58.8 01.4 75.0 71 243,216 45, 943 61,161 56, ?21
140,620 144,290193
22.5023. 1524. 894,177
2. 3713 S')l
12,513
26. 31040. 312
196
23. 1524.894, 440
3.5985.115
148, 000
22 50
24 ^9i, '03
2 4162 151 ,
1,0
6,173
31. 7924, 2- 1
l ' l
45,05"12317
: i o 5^- 2.r^ I 1 :M t 1
i".o l 5 iui3 - _ 7
' I"> 0 '
2 1 1 • ' I
3 <)"•> I
17. 7C11: : '-
00'7
'0
00"1"")1 >
21
, 0-^ 1
6 j^ \
7«, "
" 2 u •
22 (-0 ,( )
7 1'
i \
Ilo! 75) 1 10 h2° ! 11,021 I l i f 7
13. 70723 7^8 I i s /2t, OV) I lx "47
93] 029 ! 82^205 I 80, Of 1 I SO "i (
1 Discontinued by the reporting source.tRevised series. Data on pig iron converted f^o^i hl(-riz to w short tonnage basis; da t i foi productioi beemmrg 1913 Me c> ( r n iT' t^^l^
Revisions for 1939 and January and February 1940 foi southern pine, v v ^ e m pine, an i weat coast woodb, and also rt\i^< us for 1938 fc i tp. 17 of the May 1941 issue.
§Data for 1939 revised; see table 15, p. 18 of the April 1941 issue.
^ , p. 14iie la tCi
f ri . O.
August 1941 SURVEY OF CURRENT BUSINESS S-31
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
METALS AND MANUFACTURES—Continued
IRON AND STEELr-Continued
Pig Iron and Iron Manufactures—Con.Boilers and radiators, cast-iron—Continued
Radiators, ordinary type:Production._thous. of sq. ft. heating surface_.Shipments do.Stocks, end of month do_
Boilers, range, galvanized:Orders, new, net number of boilers..Orders, unfilled, end of month do . . . -Production ..._ doShipments doStocks, end of month . .do
Steel, Crude and Semimanufactured
Castings, steel:Orders, new, total short tons..
Percent of capacity,•cialtie;Railway specialties ..short tons..
Production, total doPercent of capacity
Railway specialties short tons..Steel ingots and steel for castings: t
Production thous. of short tons..Percent of capacity
Bars, steel, cold-finished, carbon, shipmentsshort tons..
Prices, wholesale:Composite, finished steel dol. per lb. .Steel billets, rerolling (Pittsburgh)
dol. per long ton..Structural steel (Pittsburgh) dol. per 1b.Steel scrap (Chicago) dol. per long ton.
U. S. Steel Corp., shipments of rolled and.finished steel products!..thous. of short tons..
Steel, Manufactured Products
Barrels and drums, steel, heavy types:Orders, unfilled, end of month thousands.Production do
Percent of capacity __ —Shipments thousands..Stocks, end of month .do
Boilers, steel, new orders:Area thous. of sq. ft..Quantity number-
Furniture, steel:Office furniture:
Orders, new . thous. of doL.Orders, unfilled, end of month. .doShipments.. . . . .do
Shelving:Orders, new .doOrders, unfilled, end of month doShipments - do
Plumbing and heating equipment (8 items),wholesale price .dollars..
Porcelain enameled products, shipments!thous. of dol..
Spring washers, shipments* doSteel products, production for sale:t
Total . . . thous. of short tons..Merchant bars . . . doPipe and tube-. . . . doPlates. doRails doSheets, total... do
Percent of capacityStrip:
Cold rolled thous. of short tons..Hot rolled do
Structural shapes, heavy doTin plate doWire and wire products. do
Track work, shipments.. short tons..
NONFERROUS METALS AND IPRODUCTS I
Metals |Aluminum: J
Imports, bauxite long tons..iPrice, wholesale, scrap, castings (N. Y.) |
dpi. per lb . .Bearing metal (white-base antifriction), con- i
sumption and shipments, total..thous. of lb . .Consumed in own plants - do IShipments _ . .do
Copper:Exports, refined and manufactures.
short tons..Imports, total § do
For smelting, refining and export.§...doProduct of Cuba and Philippine Islands §
short tons...All other §_..._.„.. d o . . . .
7,1336, 453
32, 817
105,07672, 25880, 02385, 78431, .534
6, 80198
.0265
34. 00. 021018. 75
1,669
1,2141,61979.0
1,61939
1,5861,415
5, 8517, 3354, 095
1,5251,8501,130
(05, 511
375
11,210
.1100
3, 556750
2, 806
5,6974,670
31,913
75,42731,15870, 45267, 31737, 925
59,66151.0
20, 76450, 651
42.514,483
5,657
84
44,474
.026534.00.021018.19
1,210
3771,09863.1
1,10247
1,7611,007
2,2361.2622,180
547472522
236. 75
3,159158
3,55032632531713174971.2
56104234244300
6,075
44,923i
.0860 I
1,966505 !
1,460 |
36, 23623,04114,335
1,1977,509
4, 8176,48630,108
85,13938,19477,87978,10337, 701
67, 03557.3
20, 77057, 76349.4
17,993
5,72583
52,999
.0265 j
34.00 !.021017.351,297
350 |1,08162.21,075
53
1,6801,214
2,3731,3852,249
602497577
236. 75
3,413174
3,964367357359128812
73.9
7,1478,19329,168
64, 83127,31576,46775,71038, 458
71, 73461.3
26,87366, 35556.7
21,292
6,186
57, 791
.0265
34.00.021018.03
1,456
43695855.196447
1,2751,098
6,4159,436
26, 087
73, 82132,11968, 52269, 01737, 963
83, 54571.4
28, 01864,12254.8
21,152
6, 05691
34.00.021019.22
1,393
7001,30575. 11,298
54
3,7261,557
60104286239328
6,063
72110331244353
6,480
70121311193339
5,496
45,117
.0902
2,238620
1,619
38, 51222,63517,969
4814,185
56,789
.0838
2,348876
1,472
62,39335,15926,446
2148,499
46,850
.0855
2,118560
1,558
15,65840,71027,498
2513,187
8,45411, 76922,805
106,71642, 09497, 26696, 741
2,2401.2862,339
541493545
237. 28
3,925195
4,41545534738513091582.3
2,6011,4952,392
639498634
237.14
4,050196
4,2134233713689391986.3
112,32796.0
49, 34983, 93871.7
31,811
6,645
.0265 | .0265
34. 00.021019. 75
8,0428,95222,103
75, 36935,22080, 37182, 24336, 616
94, 92981.1
27, 71881,19269.4
32, 066
6,46997
.0265
34.00.021020.06
1,572 1,425
6,2456,53721, 831
70, 98938, 79572, 24567,41441,447
115,34398.6
45,15485, 81073.3
33,932
6,49594
I431
1,52087.41,534
40
1,7081,221
3,3231,7283,090
797599696
237. 27
4,895229
4,67047540143079
1,06996.8
86147362189382
5,505
53,357
2,691643
2,048
38,82943,04424, 610
1,41517,019
4021,457 |78.91,455
42
1,7221,026
3,3362,1812,884
718652665
237.31
4,030233
4,480444377430114
1,04797.4
83138374200350
5,733
50,158
.0904
2,373622
1,751
17,90332, 79020,507
79911,484
.0265
34.00.021020.60
1,545
4861,45277.81,442
52
1,563835
4,3572,9833,583
844658790
237.31
4,256248
4,619437384443131
1,05095.1
89139331203374
7,151
7,2445, 839
23,461
45,61580, 70582,92839, 224
110,57994.5
34,88794,40980.7
35,397
6,92997
.0265
34.00.021020.00
1,682
3701,45476.7
1,44463
2,210994
3,7873,6183,152
924779
237. 27
4,496281
4,863519409431156
1.122101.0
95153363209409
6,835
97,668 86,978
.0970
2,296614
1,682
13, 39525, 94512,648
2,01411, 283
5.1039
2,560507
2, 053
22,38227,35719,120
2038,034
6,7444,891
25, 393
80, 58350, 77774,11375,42137, 916
105,12589.8
29,10385, 492
73.028,692
6,23897
.0265
34.00.021019.25
1,548
2761,03554.61,046
52r 1, 500-845
3,8524,1023,368
940829890
0)
4,393303
4,587455384416154
1,074107.3
91139322205379
7,973
62, 051
.1397
2,667529
2,138
18, 09523, 6846,693
1,84215,149
6,8714,371
27, 890
94, 99260, 41982, 82085, 35035, 386
126,140107.8
47, 40895,18581.3
30,733
7,132100
.0265
34.00.021019.88
1,720
3151,07256.61,077
47r 3, 514r 1,294
5, 0505, 3303,821
1,2041,103929
0)
5,310320
5,046463436454177
1.177107.3
102155374252431
10, 225
72, 403
3, 257625
2,632
7, 04649,18811, 359
1,08536, 743
6, 9674, 49530,375
69,43346, 44886, 45983, 40438,441
152, 007129.9
59, 551101, 977
87. 134,204
6, 75898
. 0265
34. 00.021018. 95
1,688
4281,463
1,47437
2, 3391,336
3, 8895,2104,010
1,3461, 3831, 066
0)
5, 456331
4,942470453445194
1, 148107. 8
104144383265412
11,751
83, 400
.1100
4, 430999
3,431
8, 90770, 40918,086
18352, 141
7, 3855,621
32, 140
89,15952, 96681,49582, 64137 295
153, 143130. 8
70, 191104,971
89.737,192
r 7. 05599
I
34.00. 021018. 75
1,745
8901, 58483.61,582
39
2, 5601, 372
4, 6675, 5794, 298
1,2781,4511,207
0)
* 5, 491355
4, 840458461470185
1,015100. 1
99139398244434
11,012
49, 732
. 1100
3, 866991
2, 874
12,28654,9819, 637
1,40943, 935
1 Discontinued.' Revised. «Data are for 7 manufacturers beginning January 1940.2 Average for 14 days; not quoted part of month. 3 Average impossible due to lack of offerings part of month.{Monthly data beginning 1929, corresponding to the monthly averages on p. 132 of the 1940 Supplement, appear on p. 18 of the April 1940 Survey.{Revised series. Steel products, production for sale, have been converted to a short tonnage basis; see table 45, p. 14 of the November 1940 issue. Steel production and
percent of capacity revised completely; for revision through 1939 see table 9, p. 16 of the March 1941 issue; for revisions in 1940 data see p. 49 of the June 1941 issue. Porcelain-enameled products revised beginning 1939 to include data for 99 manufacturers; for 1939 data, see p. 49 of the March 1941 issue.
JData for 1939 revised; for exports, see table 14 ,p. 17, and for imports, table 15, p. 18, of the April 1941 issue.
S-32 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey June July August
1940
Sep-tember
1941
October Novem-ber
Decem-ber
Janu-ary
Febru-ary March April May
METALS AND MANUFACTURES—Continued
NONFERHOUS METALS ANDPRODUCTS—Continued
Metals—Continued
Copper—Continued.Price, wholesale, electrolytic (N. Y.)
dol. per lb._Production:
Mine or smelter (including custom intake)short tons.-
Refinery ..._doDeliveries, refined, total do
Domestic....--- .doExport do
Stocks, refined, end of month doLead:
Imports, total, except manufactures (leadcontent) ...short tons..
Ore:Receipts, lead content of domestic ore-doShipments, Joplin district^ do
Refined:Price, wholesale, pig, desilverized (N. Y.)
dol. per Re-production from domestic ore. .short tons..Shipments (reported) doStocks, end of month do
Tin:Consumption of primary tin in manufac-
tures long tons..Deliveries (includes reexports) doImports, bars, blocks, etc. § do __.Price, wholesale, Straits (N. Y.)..dol. per lb_.Visible supply, world, end of mo.-long tons..
United States (excluding afloat) d o —Zinc:
Ore, Joplin district: ^Shipments short tons..Stocks, end of month . do
Price, wholesale, prime, western (St. Louis)dol. per lb_.
Production, slab, at primary smelters:short tons..
Retorts in operation, end of mo number-Shipments, total short tons.Stocks, refinery, end of month do—
Miscellaneous Products
Brass and bronze (ingots and billets):Deliveries short tons. _Orders, unfilled, end of month do
Sheets, brass, wholesale price, mill..dol. per lb._Wire cloth (brass, bronze, and alloy):
Orders, new .thous. of sq. ft_.Orders, unfilled, end of month doShipments doStocks, end of month do
MACHINERY AND APPARATUS
Air-conditioning (circulating, cooling, heating,and purifying) equipment, new orders:f
Air-conditioning systems and equipmentfor summer and year-round use
thous. of dol..Blowers and fans doUnit heaters do.__Warm-air furnaces, winter air-conditioning
systems, and equipment.....thous. of dol..Electric overhead cranes:
Orders, now doOrders, unfilled, end of month doShipments do...
Exports, machinery. (See Foreign trade.)Foundry equipments
New orders, net, total 1937-39=100.New equipment doRepairs do
Fuel equipment:Oil burners:
Orders, new, net number..Orders, unfilled, end of month doShipments doStocks, end of month ..do
Pulverizers, orders, new doMechanical stokers, sales:
Classes 1, 2, and 3 doClasses 4 and 5:
NumberHorsepower
Machine tool activity! percent of capacity-Pumps and water systems, domestic, shipments:
Pitcher, other hand, and windmill pumpsunits.
Power pumps, horizontal type doWater systems, including pumps do.. .
Pumps, steam, power, centrifugal, and rotary: jOrders, new thous. of dol..1
0. 1181
82, 67488, 560115, 139115,097
4298, 164
37,1553,824
. 058538, 66957, 96924, 265
14, 880
".526738, 6002, 846
36, 9285, 000
. 0725
62, 23666, 87663, 1597, 404
15, 30830, 762
. 195
1,3522,733
764747
1, 76912, 9611,678
281. 1273. 3304.7
32, 52122, 44832, 68527,202
61
21,387
40093,515
36, 475975
24. 453
2, 613
0.1113
79, 84586, 07765,15561,7163, 439
199, 586
4, 723
36, 9573, 538
. 050034, 04149, 90455, 343
6, 4209, 22511,611. 5454
31, 8695, 300
33,5309, 201
. 0624
48, 21346, 57753, 93566, 907
7,18122, 287.185
6061, 124516693
()4, 9102, 346
6, 791
7612,196334
164.9174.2138.3
19, 6725, 98518,38719, 367
9, 837
21838, 50892.3
41,419928
20,415
0.1056
79, 32790, 99574, 75871, 2263,532
215, 823
16, 581
36, 9884, 393
.050035, 34352, 56047, 360
6, 3707, 3259,185.5159
38, 7366, 567
44,3237, 098
.0025
52, 09847, 54557. 60661, 399
6, 89821, 695.186
4691,099489
0)
4992,430264
194.4209.8147.8
23,0086,97422,01923, 400
47
16, 565
27558, 42688.3
38, 476853
19,113
1,963 t 2.437
0.1071
79, 96780, 85197, 71996, 3831,336
198, 955
10, 230
37, 7592,878
. 048536. 85151,64343, 321
6,65012,47012, 926.5118
38. 0406,583
35, 1168,842
.0639
51,01050, 71564, 06548,344
8, 07617,823.183
5211, 033536694
(0
9572,744643
165. 4167.2160.0
32, 7728,202
31, 54422, 870
38
23,117
35258,41193.3
38, 409247
21,503
2, 556
0.1130
78, 23882, 84396, 48596, 485
185~313
10, 739
35,9163, 688
.049341,52853, 45641, 292
5,80011,41014. 604. 5032
39, 4509,438
34, 25010, 452
. 0692
52, 86953,16467, 65033, 563
8,70631,365.187
4351,039423751
(•)i,8363,845
14, 668
7983,271
282
161.2162.0158.6
41,8958, 60741,49019,617
54
30,951
38680,837
94.9
33, 637905
IS, 657
2, 87S
0.1183
86,91183, 076103, 771103, 771
164,618
27, 739
38, 6414,485
.053139, 22862, 49635, 386
6, 23011,82010,116.5150
40, 6316,623
43, 26911,553
.0725
56, 37253. 97965,71324, 222
10, 09334, 221
.192
5701,094516793
1,6574,109629
264.0284.8201.8
41,0299,056
40, 58018, OfiO
30
25,180
41080, 424
96.8
32, 634874
IS, 688
2,952
0.1180
84, 28396, 283102, 483102, 483
158,418
19,084
36, 4003,446
.057345, 08957,51035, 791
6,22012, 50510, 327.5056
40, 0464,362
29, 53817,045
.0725
56, 45955, 28862, 295
10, 23232,017.192
4561,066482804
(0
1,4975,087615
254.2278.8188.7
22, 7057,56224,19918,415
52
10, 596
24945, 48795.4
30,134906
15, 477
3,025
0. 1180
85,13597, 035112,681112,671
10142, 772
19, 205
38,8474,079
. 055047, 20856, 75540, 926
6,2109, 35814, 504.5011
44, 6789,179
40, 9753,900
.0725
59,88355, 28865, 38532,884
10, 56729, 452.193
433978518763
0)6,5016,086
15,168
4,1728,563825
257.8276.1203.2
17,0168,04316, 53516, 860
44
6,103
25451, 67196.8
20, 813969
11,511
4,042
0.1182
83, 28093, 840119,758119,736
22116,854
19,707
38, 4334,652
. 055054, 65855, 71147, 248
6,60012, 76012,055.5016
44, 7199,442
42,1635,597
.0725
60,41458,00063, 27210, 026
12. 42935,139.195
7041,105572
0)
2, 64010,1741,030
285.3301.8235. 8
18,51310, 35316, 20318, 027
48
5,330
17156,01197.8
44, 332887
17, 666
5,648
0.1179
79,24093,654112,819112.808
1197, 689
14,321
34, 7053,915
. 056047, 76454,85946, 604
6,66012,1959.836. 514044,1077,489
33. 2967,091
.0725
56, 22759, 68859,1687,085
13, 38938,253
.195
7031,317484696
0)
2.29111.0341,102
281.1295. 9236.6
16,32810,59016.09119, 941
56
5, 408
17742, 510
41.504849
16,703
4.482
0.1181
85, 70195, 322134, 339134, 333
689, 873
27, 991
38, 2823,778
. 057746, 74862, 09045,996
8,13016,09213,896. 5205
39,9715,195
38,5664,495
.0725
63, 39061, 22463,4257,050
14,93833, 270.195
7731,493594720
6. 5413,772
8,651
2,37412, 2251, 063
315.2329.3272.7
22, 01314, 44318, 16022, 871
'47
9,710
21552,894
0. 1182
88, 04289, 687123, 629123. 580
4998, 789
39, 764
38. 6655, 126
. 058543, 42359, 16942, 899
' 8, 39013, 95515, 247. 5196
38, 7885, 016
46, 9442,651
. 0725
63, 21064, 69662, 9747, 286
15. 55829, 576. 195
9741,801665736
0)
2, 26513,2981,217
377.2405.3292. 5
23, 64215. 26622, 81923. 701
33
9,9i;
22?55, 38"
0.1182
• 90, 34289, 390144, 293144,293
0' 93, 076
38, 7793, 653
. 058546, 10469, 38234,018
9, 14010, 49013 060
. 521640, 777
7, 205
35, 1964, 600
. 0725
64. 64565, 540
' 63. 604r 8, 327
15, 39030, 535
. 195
1,0612. 153
707704
41, 318 r 43, 601917 r 1, 483
18, 748 | r 20, 953
4,820 | 3,923
74912, 8251,235
298.7291. 2321.0
36. 19422, 61228", 84825 682
84
14, 137
23463, 238
40, 884993
23, 889
5,298f Revised. ^Data for July and October 1940, January and April 1941 arc for 5 weeks; other months, 4 weeks. l Reports indefinitely suspended.tRevised series. Data on air-conditioning equipment compiled on a revised basis 1 eginning January 1939; see p. 50 of the September 1940 Survey. Index of total foundry
equipment net new orders beginning January 1940 is based on average sales to metal-working industries during 1937-39; earlier data are based on the old new orders index il922-24 base) converted to the new base bv dividing by 1.328; index for new equipment and repairs available only besnnnine May 1910.
§Data revised for 1939; see table 15, p. 18 of the April 1941 issue. JThis series has been discontinued by the reporting agency.
August 1941 SURVEY OF CURRENT BUSINESS S-33
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
19 41 1940
July AugustSep-
tember October Novera-1 Decem-ber ber
1941
Janu-ary
Febru-ary March April May
METALS AND MANUFACTURES—Continued
ELECTRICAL EQUIPMENT
Battery shipments (automotive replacementonly):
Unadjusted . 1934-36=100-.Adjusted do
Domestic appliances, sales billed:Combined index, excluding refrigerators:*
Unadjusted index 1936 = 100..A dj listed index do
Ironers, household units .Ranges* doRefrigerators doVacuum cleaners, floor type doVacuum cleaners, hand type do._.Washers, house hold do. _.
Electrical products:Industrial materials, sales billed...1936 = 100..Motors and generators, new orders doTransmission and distribution equipment,
new orders 1936 = 100..Furnaces, electric, industrial, sales:
Unit kilowatts...Value thous. of doL.
Electrical goods, new orders (quarterly)thous. of dol..
Laminated fibre products, shipments doMotors (1-200 hp.):
Polyphase induction, billings! doPolyphase induction, new orders! doDirect current, billings doDirect current, new orders do
Power cable, paper insulated, shipments:Unit thous. of ft..Value thous. of doL.
Vulcanized fibre:Consumption of fibre paper thous. of lb..Shipments . thous. of doL.
(W, 0.-9'377, i'Ml is. ss>>3.1. 7SX
ls\ :;<r,
ll,f>2C>915
2,791
1, 3211, 655
1, 100
91133
114.6104.08,571
33. 403328, 950120,20024, 037112,134
107. 61C0. 9
181.9
5, 381476
268,1201,325
3,0003,186866
1,703
758836
1,999458
130135
101.8104. 3
11,46429, 626
248, 53874, 56520. 045116,422
113.8155. 0
170.2
5,241421
lf~313~
3,0833, 345
9141,437
757998
2,449556
186139
102.5104.9
13, 84829,128
206, 41887, 82023,047
147, 878
126. 5146.6
159.6
5.137372
1,408
3,2803, 536
9151,240
1,253 I1,463
2,443681 !
207133
112.2112.2
21, 00732,167112,309108,56430, 359
149, 002
123.9161.3
119.6
18, 8471,049
411, 5951,454
3, 2073, 6931,0081,371
1, 1541,163
2,373599
208 i123
122.3130. 2
23, 28234, 71488,187114,69938, 270168, 527
147.7254.3
230.7
16,9651,341
1,718
3,7034,7311,2122,674
8911,110
2,582714
198142
91.1128. 6
18, 92525, 24879, 815
112, 30939, 376100,787
148.2223.9
214.2
12, 2281,043
1,812
3,5244,6281,2972,209
739
2,742716
160142
88.4128. 5
23,19124, 626115,23,6125, 03736, 27492, 474
164.8262.0
219.8
31,8661, 766
514,8162,023
4,3586,3971,4122,065
9981,167
2,981805
102128
144.3181.3
20. 98650,516
376, 214117, 40830, 177133,411
187.4220.6
269.0
10, 516924
"2~i23~
4,1214,6351,3991, 862
1,0831,172
3,088926
81128
157.7169.0
20, 49251, 790
358, 402129, 30234, 696
155, 546
194.5275.7
356.5
21. 5081,719
'"% 330
4, 3535,8291,3812,738
1,2841,457
3,012838
81134
192.1145.6
17, 16661, 647
423, 010178, 04546, 284191, 325
223. 3342.0
251. 3
31, 5951, 402
554,1152, 606
4, 6797, 5231, 7622, 938
1,2091,253
3,4481,029
82
203. 9156.8
21. 7K9Go, 092
4S2, 5.S7165,67241. 602
213, (ill
234. 4263. 2
329. 7
13.774997
2.059"
n. 0440. 1951. 3602, 0H0
1.37:',1,59.)
3, 4711, 158
203. 21 ()(). 9
21.70705. 359
433, (170150,81042. 394
200, 030
251. 7443. 0
9. 0S9040
2, 896
5, 5S37,3511,7933, 595
1,3701,751
3, 6351. 177
PAPER AND PRINTING
WOOD PULP
Consumption and shipments: • §Total, all grades short tons._
Chemical:Sulphate, total.... do....
Unbleached doSulphite, total do. . . .
Bleached ,doSoda do
Ground wood doExports, total, all grades* doImports, total, all grades* do
Chemical:Sulphate, total* do
Unbleached* doSulphite, total* do
Bleached* doUnbleached* do.. .
Ground woodi doProduction^
Total, all grades doChemical:
Sulphate, total.. _. doUnbleached do
Sulphite, total doBleached do
Soda do.__.Ground wood do
Stocks, end of month:§Total, all grades do. . .
Chemical:Sulphate, total do
Unbleached doSulphite, total do
Bleached doSoda do
Groundwood doPrice, sulphite, unbleached dol. per 100 lb_.
PAPER
Total paper, incl. newsprint and paperboard:fProduction short tons..
Paper, excl. newsprint and paperboard:fOrders, new short tons..Production doShipments do
r 734, 8!)0
315, 700265, 800221, 800140, 900
r 48.000149,30040, 86493, 358
17,81713, 05853,34930, 29423, 05521,138
729, 984
311,093264, 389221,971141,07648,446148, 474
170,500
14, 4009,900
77, 00049,9004, 500
74, 6003.34
980, 385
471,457454, 898472, 531
730, 900
311,600264, 800230, 700145, 00045, 100143. 50064, 70286, 426
11,3855,546
54, 88227, 66227, 22019, 218
706, 202
310,147264, 238217,261135, 77945, 723133,071
145, 700
12, 8009,200
63, 60040, 7005,100
64, 2003.46
958, 374
398, 861446, 234448,043 1
r 736, 800
318, 700270, 000225, 400139, 90042, 200
T 150 50060,37983, 640
17, 92012, 03655, 31831,37623, 9429,557
739, 052
329,665279,973232,862144, 83442, 737133, 7S8
* 148, 100
23,90019,30071, 00045, 6005,600
47, 6003.46
979, 631
390, 325440, 264428, 306
r 680, 700
301, 800r 252,600209,900129, 60036, 900132, 10032, 25665,554
11,2537,062
40,18821, 24718. 94113, 187
677, 899
309, 348260, 298208,238128,01337, 092123, 22!
145, 200
31, 30026,90069,40044, 6005, 800
38, 7003.46
867, 691
379, 447387, 255386, 431
750, 000
343, 300288, 800210, 000128,80042, 600154,10039, 35968,112
10, 8696,515
43, 50925,11218, 39712,903
760, G23
346, 346292,182223, 951136,70544,00114(5, 325
155, 900
34, 40030, 30083, 30052, 5007,200
31, 0003.46
1,003,971
435, 059442, 610432, 521
732, 900
331, 800281, 200216,600130, 100r 37,800146, 70028, 69370,549
12, 5217,872
46. 42327, 39919, 02410, 745
747, 409
329, 792278, 582218,103126, 16738, 861160, 653
170,200
32,30027,60084, 80048, 6008,200
44, 9003.46
949,422
424, 064420, 810416,419
723, 400
322, 600273, 400214. 200128,300' 44,800141,80036, 62770, 686
14, 4388,414
44, 52023, 60320,91711,030
729, 687
325, 331276,939207,102122, 59145, 376151,878
176, 700
35,10031, 20077, 70042,9008,900
55, 0003.46
908, 471
417,776420,005415,625
r 707, 400
342, 400288, 200223, 200131, 60046, 800155,00023, 50172, 493
15, 67110, 46545,90725, 85920, 04810,199
787, 725
355,713299, 429225, 486135, 87345, 715160,811
197,100
48,40042, 40080,10047, 2007,800
60. 8003.46
1,002.800
488, 585466, 697471,114
r 718, 700
320,500267, 000214,000124, 500r 42, 900141,30024, 87069, 821
13. 6598", 001
45, 55428, 22717, 3279,495
714, 690
323, 258270, 902203, 113120, 59842. 160146, 159
192, 900
51,10046, 30069, 20043, 3007,000
65, 6003.46
934, 996
808, 900
362, 200303, 900242, 600146, 000' 48, 200155.90037, 99984, 907
16, 28710, 26855, 69930, 15625. 54311,731
804, 167
360 073301,654237, 479140, 90048, 290
158, 325
' 188, 100
49, 00044. 10064, 00038, 200'7,10068, 000
3.46
1,052,665
465, 537 505, 856428,857 |'479, 531438,804 |'494,007
815,400
301,900300, 800242, 100140,6004S, 000100, 40048, 73885, 130
14,4319, 845
53, 18430. 57522, 00910,394
809,021
353,07729o!oiO23«. 516143,22747, 022169,170
IS 1,700
37. 80032, 30000, 40031, S00' 0.70070 8003, 40
n, 078,772
T 589, 095'401, S42r 500, 087
818, GOO
387. 000320, 000
r 2IS, 000'• 14S, 700
49, 700103,90024, 17595, 175
15. 1949. 942
01,30033,09227, 00817,029
813. 508
377, Sf)O317,245244,139140.71250, 304171, 275
170,000
28. 00022, GOO50, GOO32, 0007, 300
84, 1003. 40
1,147,041
598, 000r>30,-H7540, 78b
' Revised. v Preliminary. •Domestic pulp used in producing mills and shipments to market.tShown in 1940 Supplement and monthly issues through February 1941 as A. C. motors. TData revised for 1939; see table 15, p. 18 of the April 1941 issue.tRevised series. For revised data on "total paper" and "paper, excluding newsprint and paperboard" beginning 1934, see table 43, pp. 12 and 13 of the November 1940
issue.•New series. Data beginning 1913 for wood pulp are shown on p. 13 of the October 1940 issue. For data beginning 1931 on unit sales of electric ranges, see table 52, p. 18
of the November 1940 issue; the note with regard to the coverage of the industry has been revised to read: The Association believes the coverage for 1936-40 was between 90and 95 percent; no data are available for coverage prior to 1936. Earlier monthly data for the indexes of domestic appliances excluding refrigerators will be shown in a sub-sequent issue.
§ Revised 1939 and January 1940 data on production, consumption, and stocks will be shown in a subsequent issue. Revised data beginning February 1940 areshown on p. 51 of the April 1941 issue, except for groundwood and the totals, all grades, which have been subsequently revised back to January 1910.
S-34 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to- j 1941 I 1910gether with explanatory notes and references 1 • j ; jto the sources of the data, may be found in the Fll_n I ,11T1U ,,,. i A i i m ,^ i Sep- I n,lf.,,-u_ i Xovem-1 Decein-1940 Supplement to the Survey j J u n c | J u m j J u l > | A u - U l i > t | tember | O c t o b e r ; ber i ber
1941
Janu- ! Febru-ary | ary March i April j May
PAPER AND PRINTING—Continued
PAPER—Continued
Book paper:o"Coated paper:
Orders, new short tons. . 26,132Orders, unfilled, end of month do 23,354Production do 22,913
Percent of standard capacity 80.8Shipments short tons... 23,388Stocks, end of month do 12, 745
Uncoated paper:Orders, new do 139, 598Orders, unfilled, end of month do 124,805Price, wholesale, " B " grade, English finish, |
white, f. o. b. mill dol. per 100 1b^ 6.80Production short tons. . 128,939
Percent of standard capacity 105. 1Shipments short tons.- 139, 589Stocks, end of month do 47, 614
Fine paper: tOrders, new doOrders, unfilled, end of month do jProduction do IShipments do iStocks, end of month do
Wrapping paper: tOrders, new do |--Orders, unfilled, end of month . . .do . .Production do..Shipments do..Stocks, end of month do..
Newsprint:Canada:
Exports do 263,660Production d o . . . . 273,69;Shipments from mills do | 281,843Stocks, at mills, end of month .do . ! 165,898
United States: jConsumption by publishers do 242,404Imports _ doPrice, rolls (N. Y.) dol. per short ton. J 50. ooProduction short tons ! *3, 962Shipments from mills do | 85, 494Stocks, end of month: j
At mills d o . . . . ! V2<(m
At publishers d o . . . ! 277,681In transit to publishers do ! 49, 087
Paper board: :Consumntion, waste paper do . . . " 374.185Orders, ne-v do j 525,325Orders, unfilled, end of month do . . ! 3X3, 534Production do___.j 504.413
Percent of capacity | 92. 3Waste paper stocks, at mills short tons . I 264,631
PAPER PRODUCTS j
Coated abrasive paper and cloth: jShipments reams.. 130,852
Paperboard shipping boxes: jShipments, total mil. of sq. ft .1 (2)
Corrugated do (2)Solid fiber d o . . . . (?)
PRINTINGBook publication, total. __.no. of editions..
New books doNew editions do
Continuous form stationery, new ordersthous. of sets..
Operations (productive activity) 1923 = 100..Sales books, new orders thous. of books..
894708186
262,591
26, 137
20,3598,618
19,71774.0
20, 69515, 089
119,30066,165
5.95109, 905
91.7114,72759,511
49, 83130,33543, 48945, 77061,901
163,646115,8975 64, 603168,415
79, 929
320, 655315.343338,446180,569
241, 639254, 920
50. 0084, 76285,194
17,543257,567
47, 435
324, 448437, 874195,037440. 725
240, 039
84, 253
0)0)(
949812137
163,49375
17, 999
15,3215, 561
19, 48769.7
19, 61514, 927
90, 25154, 432
14, 8964, 852
17, 33359.7
17. 03815,331
6.23106,715
84.1106, 57260, 424
36,18024. 38842, 89943, 08660, 750
152, 619102,149168. 567167, 70880,961
318,841332,689337,508175.750
206,913 ;261,727
50.0082,57986, 229
13. 893318,60944,679
299,781398. 191 ;160,541429,561 i
70.3 i251,823 •
94. 18346, 206
6.30106.091
78.8103, 83963, 505
34. 68718.81743,41841.41262. 294
144,64981,622
166, 125164. 85281,774
301,654310. 607332, 234160,123
213,105258. 055
50. 0086. 63381,714
18. 812361, 17946, 245
317,909
13, 5204, 845
13, 67257.5
13, 57015, 024
89,05943, 337
6.3080. 512
77.891,93759, 686
35,13017.89337, 39936, 37363,160
133. 38173, 354140,464141. 37380, 398
301, 293282, 322284,133158,312
238, 176239.679
50. 0077, 88377, 470
19. 230364, 20745,919
283, 660414, 966 I 399, 133131,890452, 604
73.9245, 378
82,324 | 98,135
(2) ! (2)
921745176
131.242402, 548
71.2245, 685
101,125
72265171
18, 3345,108
18, 16362.5
19,43114,158
101,66041, 334
6.30106. 482
80.9103, 49363,152
41,64316, 53444, 75143. 44864, 093
165.20976, 590162.492159, 42981, 508
275, 822309, 957287, 943180, 326
261,028229.56150.00
88,19288, 774
18.648339,21142, 039
333,739486,181140.027473.169
77.8249,860
111,106
I
822166
139,161 '• 137,202 i 162,347 170,82879 j (0 I (i) I (i)
18, 203 ! 18, 740 | 16, 910 | 18, 559
15, 9905, 264
16, 04558.0
16, 42413, 633
97, 66745, 775
6.3099. 29877.3
95, 07468, 555
42, 80818, 69642, 99742 37564, 936
158. 15677, 967
157, 204156, 99281,870
276,586282,344286, 739175, 931
251, 457257, 020
50. 0085, 33887, 331
16, 655327,91339,188
322, 99142fi, 614128.222443. 274
75 7260, 320
101, 925
0)
1,027916111
157,474
0)17, 405
16. 9686,174
17, 72665.9
15, 96715, 326
98. 67948, 845
6.3096, 22978.8
96, 37866, 574
40, 30917, 75142,01741,07867,178
156, 57684, 749
154, 819149. 79486, 875
263, 450252, 897276, 457152. 371
256, 036217, 323
50. 0080, 83784, 037
13, 455308, 88047, 592
275, 353393, 026115,143407, 629
70.7269, 755
90, 670
$
1,122889233
183, 392
0)17, 481
20, 5466,772
19, 63667.6
19, 94314, 971
117,43555, 711
6.30107, 721
81.0109, 98264,141
49, 49221,34245,16946, 75066, 826
177,00789, 722
172, 622172,17689,015
211,022261.298243, 394170, 275
229, 799192. 240
50. 0089,12484,141
18, 438301, 56234, 719
322, 408520, 931160, 561446, 979
76. 1264, 393
106, 890
$
56850860
171,273
(019, 947
20.1078,532
18, 94973.4
19, 28014, 622
113,64061, 920
6.30104,071
86.8107, 35961, 373
48, 69922, 69642, 60444.03265,041
167,13596,294157,757158.72684,075
219.464245, 607239, 745176,137
219, 362187,170
50. 0079. 72081,241
16, 917284,79942,163
310,969470. 671202,284426,419
81.5260,890
116,944
$
891722169
192, 228
0)18, 328
21, 8629.076
22, 16780.8
22, 05914, 397
133, 97070, 048
6.30120,879
93.8125, 40456, 721
r 56,550r 35,612r 47, 598r 47, 819r 65,187
214, 238135, 387174, 357177, 16387, 556
232, 197275. 769265, 724186, 182
258, 518221. 542
50. 0087. 37685, 503
I18,790 j
252.85644, 312 |
371,253 I543,988 !252,611 j485,758 j
85.4 '253, 009
137,177
(2)
(2)
28, 27614, 09122, 230
81.022, 64813, 923
150, 70793, 257
6.30121,913
95.4127, 58750, 754
' 67, 507r 49, 742r 49, 112* 52, 791r 62, 818
219, 505170,815179, 601184,01586, 685
276, 452279 996285, 789180, 389
256, 431237, 639
50. 0087, 00091,487
14,303255,58846, 679
357, 901580, 038330, 779499, 930
87.9262, 398
129,119
1,310 9181,100 i 800
210 ! 118j
207.715 I 188,909
(') 0)19,621 21,331
33, 03920, 61323,97184.1
24,57913, 281
165, 927119, 533
6.55134. 371100.6
136,29649, 687
68,93866, 49052, 72755, 56659, 474
210,195179,794195. 764201,33079, 864
268,706284, 767291. 112174,044
260,827276. 257
50. 0090, 91391, 689
13, 527252,38151.197
377. 595572, 522370,151526, 280
89.4269, 737
135, 571
1,051887164
203. 3270)
24, 470
RUBBER AND PRODUCTS
84,912
65, 093.219
175, 499
339, 108
22. 55923,79036. 265
47, 834108,15653,889
222lioi348487, 000235,000119,13819, 50078, 029
154, 313
15,16316,58127, 70139, 844
48, 354 53, 307
69,474.211 !
127,313533,000250.000139, 62926,50080, 600
175, 455
14,53914,29927,129
73, 028.196
120. 857566. 000255.000 I141,286 !36,000 j80,375194,700
14, 46417, 10128,520
52, 469103,74478, 972
.193133,784609, 000265. 000137. 88850, 00073, 799
220, 597
14,83510,37929 03935, 735
i9, 644 57, 716
74, 696.203
126, 228
(2)265,000166, 837(2)
75, 877235, 353
16,80719, 30030,810
72,901.216
99. 254(2)
250,000158. 095(2)
77,471250, 412
16,31217,63631, 459
59, 709118,314
97, 984.208
127.189(2)
250, 000145, 950
(2)75, 560
288, 8G4
17, 39719, 23932. 63641.176
65,989 62, 692
86, 833.199
126,575(2)
265, 000153,169(2)
'84,343309,411
19, 08620.41333,380
73, 973.204
90, 607(2)
245, 000136,955
r-)102,425320, 373
18, 22219, 50633. 654
69, 024132, 89787,123.221
'139,164(2)
260, 000140, 228
(2)85, 458338,147
19,61122, 00635, 02846,181
71,374 • 71,365
101,404.239
147, 459
CRUDE AND SCRAP RUBBERCrude rubber:
Consumption, total. long tons..For tires and tubes (quarterly) do
Imports, total, including latext doPrice, smoked sheets (N. Y.) dol. per lb._Shipments, world § long tons..Stocks, world, end of month ..do
Afloat, total doFor United States do
London and Liverpool doBritish Malaya doUnited States. do
Reclaimed rubberConsumption .doProduction doStocks, end of month do
Scrap rubber consumption dof Revised. ' Discontinued by reporting source. * Reports indefinitely suspended.
tRevised series. For revised data for fine and wrapping papers beginning 1934, see table 43, pp. 12 and 13, of the November 1940 Survey.tFor monthly data for 1913 to 1938 corresponding to the monthly averages on p. 148 of the 1940 Supplement, see table 28, p. 18, of the May 1940 Survey; for revised data
for 1939, see tablp 15, p. 18 of the April 1941 Survey.cf In recent months, the number of companies reporting has fluctuated to such an extent that tonnage figures are not comparable from month to month.^Beginning with the January 1941 Survey, data for world shipments of crude rubber are from the Statistical Bulletin of the International Rubber Regulations Committee
earlier data from this source have been in close agreement with data compiled by the Bureau of Foreign and Domestic Commerce, shown in previous issues of the Survey.
63.305.228
114.885(2)
275,000153. 484
(2)95. 322
329, 767
20, 42721,57435, 336
r 359,234
r 21, 405
r 35, 871
August 1941 SURVEY OF CURRENT BUSINESS S-35
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
Jane June July August
1940
Sep-tember October Novem-
berDecem-
ber
1941
Janu-ary
Febru-ary March April May
RUBBER AND PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings:Production thousands -.Shipments, total do
Original equipment.. - doReplacement equipment doExports - do
Stocks, end of month. - do....Inner tubes:
Production doShipments, total do
Exports doStocks, end of month do
Raw material consumed:Crude rubber. (See Crude rubber.)Fabrics (quarterly) thous. of lb_.
RUBBER AND CANVAS FOOTWEAR
Production, total thous. of pairs..Shipments, total doStocks, total, end of month do
6, 3637, 6642, 757
7, 079
6, 2806, 922
7, 054
6, 2785, 668
13, 834
5,1316,8031,9254, 781
968,871
4, 3515,686
746,849
70, 972
4,5283,737
18,886
4,7884,318
8583, 350
1109,350
4,0203,793
897,096
3,3234,567
17, 641
4, 6764,123
7053, 303
1159,911
4,3063, 600
967,794
4, 583 4, 0465,808 6, 200
16, 386 14, 232
66,849
5,4864,8502,2912,430
1289,797
5,1134,474
967,633
5,9396,614
10,377
5,1614,8962,5462,197
15310,029
4,8874,610
1027,924
5,5435,166
10, 754
5,6865, 5172,6382,722
15810,149
5,3495,181
1378,060
83, 371
5,8275,359
11, 222
5, 8236,0502, 3343, 537
1789, 958
5,4965, 371
1278,143
6, 6285, 555
12, 272
6,0737, 7332, 7004, 873
1608, 373
5. 8556, 324
1097, 686
6, 0845,134
13,223
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENTProduction thous. of bbl_-
Percent of capacityShipments thous. of bbl_.Stocks, finished, end of month doStocks, clinker, end of month do
CLAY PRODUCTSCommon brick:
Price, wholesale, composite, f. o. b. plantdol. per thous..
Shipments thous. of brick..Stocks, end of month do
Face brick:Shipments doStocks, end of month do
Floor and wall tile shipments:Quantity.. thous. of sq. ft..Value thous. of dol--
Hollow building tile:Shipments _ .short tons. .Stocks, end of month do
Vitrified paving brick:Shipments thous. of brick _.Stocks, end of month. do
GLASS PRODUCTSGlass containers:
Production.. __.thous. of gross-.Percent of capacity
Shipments, total thous. of gross..Narrow neck, food* doWide mouth, food* doPressed food ware* doPressure and non-pressure* do. . . .Beer bottles*.. doLiquor ware* doMedicine and toilet* doGeneral purpose* doMilk bottles* do.....Fruit jars and jelly glasses* ..do
Stocks, end of month . doOther glassware, machine-made:*
Tumblers:Production thous. of doz_Shipments doStocks do
Table, kitchen and householdware, shipmentsthous. of doz .
Plate glass, polished, production.thous. of sq.ft —Window glass, production thous. of boxes..
Percent of capacityGYPSUM AND PRODUCTS
Crude:Imports . short tons._Production do
Calcined, production doGypsum products sold or used:
Uncalcined doCalcined:
Building plasters doFor mfg. and industrial uses doKeene's cement doBoard and tile, total thous. of sq. ft...
Lath doTile.. doWallboard . . - . do. . . .
15, 22274.0
16,10921,863
5, 779
12.483(')0)
0)0)
(00)
6,16696. 0
6, 865358
1, 44747
763605
1. 0281, 695
' 477262165
8, 397
4, 8574, 8637, 820
3, 06918,534
1,30480.3
12r t
49038.8
13, 22324,
5,010907
12, 29056.0
13,44222,855
5. 559
12,71257.8
14,01821, 549
5, 158
12.116186, 472397, 336
61,195253, 326
4,9941,254
84, 339361, 759
5,08144, 049
4,42969.1
T 5, 226281932
31640781842
1,131273200102
9,180
3,6483, 6287,560
2, 1859,783
90855.9
313,340917, 234869, 174
263,028 . . . . . . . .
12.101193, 479402,159
62, 330250, 730
5, 8221,449
89, 810357, 266
6,14843, 383
4,78071.7
4,532315 I953 j28 I466 I358 |624 i
1,129285207149
9,331
12.094187, 648422, 005
64, 490248, 531
13,10561.8
14, 74119 9214,829
12.121182, 785436, 436
60, 977250, 617
6,546 I 5,6711,643 1,444
94, 442 85, 767357, 421 382, 0668,383 I 7,09437,425 I 34,738
5,07073.3
4,653 !657 i
1,01634 i304 !186 !456 !
1,363304208 |106
9, 655
3,5953,5987,572
2,0888,522
99461.1
3, 8413, 8137,597
3, 32512, 533
99361.1
509, 60230,444
7,303519,767384, 1958,329
127, 243
4,28969.74,5658208793214591726
1,28431320849
9,292
3,4503,3317,737
2, 64714,0911,002
61.7
_l 531,032j 1,128,862
-j 969,578
13. 93563.7
15, 77618, 0084,470
12.147213. 800445, 304
70, 864242,100
5, 8601,470
90, 359382,092
7, 36534,510
4,86470.34,81642395040106105
1,0281, 60832320114
9,247
3,8873,6427,991
3,76317,0701,34983.1
250,080 j
556, 56029,850
7, 393591,878453, 124
8, 475130, 279
12. 72560.1
10, 37220, 3534,558
12.148162,829468,962
47, 056251,593
5, 1811,344
64, 313391,531
5, 76932,031
4, 35267.94, 078
17080831126102
1,1371,2302581975
9,432
3,0562,8048,160
3, 00616,0591,26478.0
11,19551.28,192
••23,379 I4,886
12.195144, 327478,411
40, 559265,825
4, 7241,249
58,565407,618
2, 51630, 288
4,20365.63,532
13868633189154803
1,0412691983
3,1992,8768, 455
2, 45617, 4911,45889.8
387, 9691,033,403888,078
244,975
430,09033, 358
44621. 768388, 2306,816
226, 722
9,02142.47,984
24, 4165,092
12. 2010)(0
0)0)4, 5651,195
1,80130,580
4,51765.04,177
18996141224140589
1,4683372069
10, 109
3,2002,641
2,31619, 3501,56196.2
8,34543.4
7, 45625, 3075,520
12. 2420)0)
0)0)
4,3681,117
0)(0
1,01530s442
4,36870.84,27320590937275167676
1, 4333511998
10, 097
3,6944,0048,419
2, 90515, 6641,39786.1
10, 59649.8
9, 91525, 9886,276
12. 3280)0)
0)0)
5, 5971,387
(0)
1, 08830, 402
5,12876.7
5, 117240
1,03842412368843
1, 49343421313
9, 979
4,2004,4248,115
3,40018, 2661,41787.3
175,467811, 500764, 500
200, 630
373, 50336, 027
6, 450539, 000322, 700
7, 100209, 200
12, 19659. 3
14,132
14,73209. 4
10,04824, 056 r 22, 750
6, 207 I 0, 005
12.3230)0)
0)0)5, 2191, 363
((0
5, 32579.7
5, 573289
1,11335
633418805
1,522405229
419,612
3, 8384, 3S77, 499
3, 92218, 344
], 40080. 3
12.4040)(0
(00)6,1701,630
()0)
6, 24693. 5
6, 402320
1,21249
779548991
1,609453272136
9, 244
5, 5485, 0557, 896
3, 37218.394
1, 28278. 9
' Revised.• N e w series. D a t a for glass containers beginning J a n u a r y 1934 are shown in table 49, p p . 16 and 17, of the N o v e m b e r 1940 issue; earlier da ta on glassware other t h a n con-
ta iners are shown in table 2. p . 17, of the J a n u a r y 1941 Survey.1 Comparab le da ta no longer available. These series will be replaced b y new da ta when sufficient historical figures become available.
S-36 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
Juno
1940
June July August Sep-tember October Novem-
berDecem-
ber
1941
Janu-ary
Febru-ary March Apri 1 May
TEXTILE PRODUCTS
CLOTHINGHosiery:
Production thous. of dozen pairs.Shipments do - . .Stocks, end of month do . . .
12, 53111,93325, 032
COTTONC onsum ption bales..Exports (excluding linters)§ doImports (excluding linters)§ doPrices received by farmers dol. per Ib._Price, wholesale, middling (New York)..doProduction:
Ginnings (running bales)* thous. of bales..Crop estimate, e q u i v a l e n t 500-lb. bales
thous. of bales..Stocks, domestic cotton in the United States,
total thous. of bales..On farms and in transit. doWarehouses doMills do
COTTON MANUFACTURESCotton cloth:
Exports§ thous. of sq. yd. .Imports§ doPrices, wholesale:
Mill margins . . cents per lb__Print cloth, 64 x 60 dol. per yd__Rheeting, unbleached, 4 x 4 do
Finished cotton cloth:Production:
Bleached, plain thous. of yd.-Dyed, colors doDyed, black.. doPrinted do
Spindle activity:Active spindles . thousands..Active spindle hrs., total mil. of hrs_.
Average per spindle in place hours._Operations^ pet. of capacity..
Cotton yarn, wholesale prices:22/1, cones (factory) dol. pe r lb^40/s, southern, single, carded, Boston...do
RAYON AND SILK |Rayon: !
Deliveries (consumption), yarn*., mil. of lb . JImports^ thous. of lb... |Price, wholesale, viscose, 150 denier, first I
quality, minimum filament,*...dol. per lb__'Stocks, yarn, end of rno.J mil. of lb__
Silk:Deliveries (consumption) bales. _Imports, raw§ thous. of lbPrice, wholesale, raw, Japanese, 13-15 (N. Y.)
dol. perlb._ iStocks, end of month: |
Total visible stocks... bales._;United States (warehouses) do j
iWOOL |
Imports (unmanufactured)§ thous. of lb__jConsumption (scoured basis) : j
Apparel class do |Carpet class do j
Machinery activity (weekly average) : jLooms: |
Woolen and worsted: jBroadO thous. of active hours __•Narrow do j
Carpet and rug do jSpinning spindles: I
Woolen O do jWorsted© . do |
Worsted comb s do IPrices, wholesale: j
Raw, territory, fine, scoured dol. per lb.-lRaw, Ohio and Penn., fleeces do 1Suiting, unfinished worsted, 13 oz. (at j
mill) dol. per yd._!Women's dress goods, French serge. 54" (at
mill) dol. per yd_.Worsted yarn, %2's, crossbred stock (Boston)
dol. per lb_-Receipts at Boston, total thous. of lb . .
Domestic . - . - do 1Foreign do
Stocks, scoured basis, end of quarter, total |thous. of lb-.j
Woolen wools, total do jDomestic do 1Foreign do j
Worsted wools, total do jDomestic do jForeign. d o — |
875,
. 128
. 141
;, 353989
1,521, 843
21.81. 088. 093
22, 9921), 932
408121. 5
. 365
. 433
21,6,
I
955960281
11. 9
219321
38. 6
. 5304.3
24.251
3.019
204. 60653, 43t'i
41,90411,172
2. 58494
260
110, 218125,606
231
1. 08. 40
2. 030
1.312
1. 63882, 82732, 83749, 990
207, 75461,72931,474
145, 86353, 82392, 040
9, 7118, 835
26, 384
565,416133, 530
12, 374. 095.107
11,400753
9, 5451,102
24, 6276, 329
10. 68.046.057
109. 27878, 4684,612
80,744
31.4669
.53012.8
17, 3072, 356
2.724
90,12241,822
19, 3735,798
1,40770
149
68,17365, 973
137
.88
.39
1.114
1.25044, 89641. 7903,106
128, 58547,508 i35,183 I12,
9,4189,244
26, 701
622,136,
18,
723 I751 !254095104
32
10,
26, 2884,767
11.00.047.058
120, 70992, 116
6.49188, 482
21,9197.548
30586.6
.227
.325
32. 1391
.53011. 1
22, 7663,827
2.540
115, 11143,211
17,502
28, 4316,061
* 1,561r 65125
72, 86573,251
<• 142
.87
.39
1.931
11. 17412. 39625,621
654, 50364.74310, 153
.092
.098
606
1.
1.52,44,
8,
114
290905472433
22,31612,5519,085
680
24, 4095,216
11.23.048.058
129.250102, 085
6,786100, 752
22. 0787,872
31890.4
.227
.325
34.0441
.5309.9
30, 1894,761
2.529
151,69846, 898
16, 099
24,7997,571
r 1, 69 i63
166
' 80, 479• 85, 408
146
.89
.39
1.931
1.114
1.25630, 27822, 5407,738
11,25712,76224, 258
639, 25290, 5553,991
.092
.097
3,924
21.63810, 20310, 703
732
24,4136, 919
12. 26.050.059
132,912108, 029
5,924104,345
22, 2787,867
32096. 7
.227
. 325
30.9
.5308.3
28, 8283, 739
2.561
172, 25444, 454
21,831
28, 6097,941
1,74460
177
• 83, 721• 87, 902
158
.40
.1.918
1.114
1.28829, 96122,912
7, 049
127, 54641. 33829.450
13, 58614,10923,879
770, 702194, 251
15, 926.094.096
9,084
12, 57912, 97523,626
744,088144.710
12, 026.094.100
10, 870
20, 8425, 719
13, 8261,297
26, 7095,136
13. 31.052.062
154,479126. 610
8,238110,657
22, 4579.276
378103.3
.257355
36.7386
.5306.9
39, 8776,490
2.698
184, 79748, 297
33, 981
39, 24011,387
r 1,892
'205
'•88,051104, 13S
' 181
1.05.44
1.931
1.153
1473016
395060393667
19, 8083,488
14, 6971,623
29, 95411,420
14. 24.054.065
164, 079129. 878
6, 535105, 468
22, 6868,614
352105.9
.267
.377
34.81,576
.5306.7
36, 3747, 219
2. 585
195. 33060, 330
34, 631
33, 8218,969
r 2 09272
198
r 90, 323102,813
179
1.10.46
1.931
1.213
1.48836,12316, 32819, 795
11, 279 12, 74711,536 11.82223.511 24, 435
775, 472107, 375
5,906.093
.102
11,433
1 12, 55418,9242,137
15,0141, 773
27, 7347,581
14. 50.054.066
155, 770119,889
5, 668108, 886
22,8188, 657
353105.0
.268
.403
34.02, 466
.5306. 3
23,1134,429
2.562
225, 24872, 248
56, 313
34, 0129, 352
' 2, 245r 67
r 200
T 92,553105,826
' 186
1.10.46
1. 931
1.213
1. 45049,5976,298
43, 299
142,152
843, 27452,1849,624.095.104
11,931
18, 0331, 583
14, 6361,814
34,9447,060
14.94.055.067
164, 610122, 954
6, 304107,857
22,8219,901
404112.1
.272
.404
35. 01,660
.5308.9
28, 4253, 263
2. 560
224, 36363,433
72, 677
40,11510,965
2,19771
201
90,418104,279
192
1.10.44
1.213
1.45050,3654,633
45, 732
11, 55811,57324, 419
12,10512,49524,029
793,6014,
626597210094107
8549728
.
179292184097108
12, 287
17,1931,337
14,009 '1,847
33, 9379,791
16.00.057.073
159,429120, 108
5, 528107, 358
22, 7698,920
365114.0
.274
.390
31.61,774
.53010.0
28,1112, 430
16,1881,135
13, 2091, 844
38,5137,796
18.17. 066.078
175, 144141,056
6, 270126, 671
22, 7969, 573
392116.7
. 288
.388
35. 42,261
.53010.2
25, 8283, 453
2. 589 I 2. 816
214,836 211,17454, 106 49, 904
73, 045
36, 23210, 712
2,41180 !
233 !
72, 458
39, 41611, 008
2,42885
246
98, 398 ! 99, 589115,206 ! 115,309
210 ; 216
1.09 !.44 i
1.08.46
2.005 | 2.030
1. 213 I 1. 225
1. 163 ,51.809 '
4. 12947, 680
1.5194v»,410
7. 15142, 259
'164,331 !
12,871 I 12.62112.737 i 11.75024, 162 f 25,034
920. 14274. 00918.816
. 105
. 113
918.90271. 53930. 853
. 117
. 129
48,388 ! ' .")(). ssf} i
81,07759,43621,641 i
11,88886, 20857, 21928, 989
651 I . . . . . . r'2(\,'.m"o>7 ' ' 2 4,55320, 737
93,764 ! _. r i n , H;>29,009 ! 17,93364,755 I ! T 95. 512
15.2241.023
12. 3391,862
37. 9178, 828
19. 81. 072. 084
178. 53S146,235
6, 543122,215
22. 787J 0, 289
'421119.6
. 338
.419
38.71,611
7.4
23, 53s3.551
210,74349. 373
40, 97013, 095
:, 45(
14. 2601.0S3
11.3211, 856
44, 9726. 0S0
20. 85. O.sO. 088
1*2. 003145.612
6, 989119,222
22, 98010. 287
. 366
. 430
r 40. 21, 301
22.4403. 509
? H , 71150, 34 1
41, 03210, ">ss
:. 49193
241
106.119,
SSI)
• •10
1. OS. 45
2. 030 '
.45
!. 030
275
2102vf
51,'
r Revised. 1 Doc. 1 est imate of 1940 crop. 2 Includes 162,000 lbs. of certificated scoured wool in licensed public warehouses.§ Da ta for 1939 revised; for exports, see table 14, p . 17, and for imports , table 15, p . IS, of the April 1941 issue. 0 Total ginnings to end of m o n t h indicated.f Da ta for Ju ly and October 1940, and January and \ pril 1941 are for 5 weeks; other months , 4 weeks.t M o n t h l y data beginning January 1930, corresponding to month ly averages shown on p . 155 of the 1940 Supplement , appear on p . 18 of the April 1940 Survey.*New series. For month ly data on rayon yarn deliveries beginning 1923, see table 41, p . 16, of the October 1940 issue. The new rayon price series replaces the data shown
in the 1940 Supplement ; earlier mon th ly data will be shown in a subsequent issue.©Revisions for 1940 not shown above: Woolen and worsted broad looms—Jan.. 1,854; Feb. . 1.589; Mar. , 1,128; Apr., 1,086; M a y , 1,223. Spinning spindles—woolen, Jan. ,
73,269; Feb. , 70,811; Mar. , 55,952; Apr., 54,205; May , 60,582; worsted, Jan. , 71,289; Feb. , 67,492; Mar. , 51,867; Apr. , 51,298; M a y , 61,192.
August 1941 SURVEY OF CURRENT BUSINESS S-37
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
June
1940
June July August Sep-tember October Novem-
berDecem
ber ! JanuaryI
Febru-ary
1941
March April May
TEXTILE PRODUCTS—Continued
MISCELLANEOUS PRODUCTS
Buttons, fresh-water pearl:Production pet. of capacity..Stocks, end of month thous. of gross..
Fur, sales by dealers thous. of doL.Pyroxylin-coated textiles (cotton fabrics):
Orders, unfilled, end of mo..thous. linear yd..Pyroxylin spread thous. of lbShipments, billed thous. linear yd. . .
0)(03, 495
9, 5587,1517,138
28.86,4372,403
2,2443,9314,030
30.46,3043,377
2,8074,4354,430
44.66,4004,273
2,4995,3665, 353
50.76,4993,734
2,8605,1285,106
0)0)1,894
3,0125, 8515, 842
0)0)2,229
3,8015,7765,776
0)0)
r 2, 894
3,6945,4635,718
0)0)
r 5, 704
3,8965,9935,881
I1)0)
' 6, 004
4,4436,2626,499
0)0)
r 4, 505
5, 5206,7597,100
0)0)
T 5, 769
5, 5886, 9317,317
0)r 5, 166
6, 1737,315
r 7, 906
TRANSPORTATION EQUIPMENT
AIEPLANES
Production, domestic civil aircraft§_. .number.Exports} . do. . .
AUTOMOBILESExports:
Canada:Assembled, total - . number..
Passenger cars doUnited States:
Assembled, totals . . . d o —Passenger cars} doTrucks^ do
Financing:Retail purchasers, total. -thous. of doL.
New cars.... doUsed cars . ..doUnclassified do
Wholesale (mfrs. to dealers) doFire-extinguishing equipment, shipments:
Motor apparatus number..Hand extinguishers. ._ do
Production:Automobiles:
Canada, total ____ doPassenger cars do
United States (factory sales), total...doPassenger cars__ _ ..doTrucks ._ do
Automobile rims. ._ thous. of rims..Registrations:
New passenger cars number..New commercial cars do
Sales (General Motors Corporation):World sales:
By U. S. and Canadian plants doUnited States sales:
To dealers._ doTo consumers ._ do
Accessories and parts, shipments:Combined index Jan. 1925=100...
Original equipment to vehicle manufac-turers Jan. 1925=100..
Accessories to wholesalers.. doService parts to wholesalers doService equipment to wholesalers._..do
RAILWAY EQUIPMENT
(Association of American Railroads)
Freight cars, end of month:Number owned thousands..
Undergoing or awaiting classified repairsthousands..
Percent of total on lineOrders, unfilled cars-.
Equipment manufacturers doRailroad shops do
Locomotives, steam, end of month:Undergoing or awaiting classified repairs
number..Percent of total on line
Orders, unfilled ...number..Equipment manufacturers doRailroad shops do
(U. S. Bureau of the Census)
Locomotives, railroad:Orders, unfilled, end of mo., total.._number_.
Domestic, total . doSteam... . .._ doOther . . .do
Shipments, domestic, total ..doSteam ..doOther do
Locomotives, mining and industrial:Shipments (quarterly), total* number..
Electric, totalJ do. . . .For mining use do
Other* do
()(2)
25, 7538, 538
520, 521418,983101,538
2,309
240, 748
224, 119235,817
279140231229
1,661
855.2
91,41669, 14022, 276
4, 80212. 3
205234
31
88283924959073
66
599372
6,2991,382
14, 6096,4638,146
166, 92295,03871,241
642162,101
7137,762
17,9308,739
344, 636286,04058, 5961,266
318,61543, 504
167, 310
151,661173,212
140
13986165117
1,646
1539.5
16, 9339,9746,959
6,65316.5978413
146124814335530
665235
8,7743,523
11,2633,7277,536
166, 03492, 74472, 626
664141,977
14, 4683,397
231, 703168, 76962. 934
825
315, 24650,913
110, 659
99,664145,064
126
10193172120
1,642
1449.0
19, 76513, 477
6,50616.2
115100
9
2322098712230723
383
9,8771,558
6,5392,3394,200
137,96171,57465, 774
61342,111
13,9931,510
75, 87346, 82329,0501,075
211,03148, 980
24,019
21,154100, 782
14798196126
1,641
1388.6
18, 45612, 2786, 178
6,22615.51141086
27725210914354846
802284
9,0051,096
5,7532,5913,162
109, 96255,79753, 711
454114, 874
15, 4753,410
269,108224, 47044, 6381,356
148, 00039,224
124, 692
116,03197,527
185132200139
1,642
1318.1
16, 8929,0107,882
6,27615.713011812
27225112612540040
138676771
938334
8,859132
16, 8577,0719,786
151, 89989,47561,933
492221,253
21,1517, 056
493,223421,21472, 0091,759
290, 49548,356
226,169
207,934186,016
190
235149199142
1,638
1177.3
27, 45918,7008,759
6,15515.41311229
26924312511852844
697287
8,449
19, 9439,52510, 418
152, 00988,57562, 928
507220,941
23, 62110,814
487, 352407,09180, 2611,808
301, 43046,618
217, 406
198, 064181, 421
183
231125ISO156
1,638
1147.1
30,18422, 7387,446
6,07615.2
116103
13
2852441221227324
509366
13, 276611
18,0177,782
10,235
160,95693,35067,065
541253,778
0)()
23, 36411,653
483, 567396, 531
87, 0361,790
334,07351, 095
223, 611
204, 473174,610
228122180143
1,640
1096.8
34, 20225. 8668,336
5,91414.9
115102
13
354315115200
682246
13255
645458
8,796
15,9127,2468,666
147,18680, 73965, 939
509236, 871
23,19511,990
500, 863411,23389,0302,032
299,17961,712
235, 422
218, 578168,168
245115170162
1,642
1086.7
40, 03026, 42713, 603
5, 85314.7
120107
13
460415129286
6315
574344
8,5741,036
17, 2526,943
10, 309
158, 69389, 54168, 574
579248, 288
23,71010, 647
485, 616394, 51391,1032,131
300,40655,900
226, 609
208, 214187,252
214
244115174182
1,641
1076.6
37, 98123,78714,194
5,81214.7
132113
19
515468157311
445
39
597481
11,177797
21,0648,834
12,230
202, 793118,36983,815
608270, 487
26,04412,093
507, 805410,196
97, 6092, 666
420, 05867,798
247,083
226, 592253, 282
210
232128108214
1,644
1016.3
41,09127,75613,335
5, 70414.1
166148
18
645602196406
681157
150585792
593571
9, 405312
18, 5308, 5749, 902
230, 800130, 40499, 582
754243,103
27,58412,091
402, 270374,979
87, 2912,682
489, 07470,269
255, 887
233. 735272, 853
278132218199
1, 647
905.9
55, 40442, 10213, 242
5, 53514.0
211189
22
022575188387
0510
511
14, 457490
21,9009,012
12,957
26, 5859,840
518,748417,698101,050
2,408
515,03472,170
217, 120265, 750
282130215208
1, 650
945.8
64, 02749, 10814, 919
5, 18113. 1
231201
30
734686197489
749
65
1 Temporarily discontinued by reporting source.r Revised. * Preliminary. > Comparable data not available§ Designation changed from "commercial licensed" or "civil aircraft"' (1940 Supplement).^includes straight electric types only (trolley or third-rail and storage battery); data for 1939 and earlier years, published in the Survey, include some units of only partial
United States manufacture and fire not comparable with data here shown.TData revised for 1939. See table 14, p. 17 of the April 1941 Survey.•New series. Comparable data on total shipments are available only beginning January 1940. "Other" includes Diesel-electric, Diesel-mechanical, and gasoline orsteain
locomotives; these are largely industrial; for data beginning with the first quarter of 1939, see p. 55 of the May 1941 Survey.
8-38 SURVEY OF CURRENT BUSINESS August 1941
Monthly statistics through December 1939, to-gether with explanatory notes and referencesto the sources of the data, may be found in the1940 Supplement to the Survey
1941
June
1940
June July August Sep-tember October Novem-
berDecem-
ber
1941
Janu-ary
Febru-ary March April Ma\
|TRANSPORTATION EQUIPMENT—Continued
RAILWAY EQUIPMENT—Continued
(American Railway Car Institute)
Shipments:Freight cars, total number -
Domestic . . . doPassenger cars, total do
Domestic do(U. S. Bureau of Foreign and Domestic Commerce)
Exports of locomotives, total numberElectric doSteam do
INDUSTRIAL ELECTRIC TRUCKSAND TRACTORS*
Shipments, total . . numberDomestic doExports do
26623828
1, 5881,478
55
1413
1
135121
14
1,5431,543
280
14122
128120
8
2,3562,356
1212
16133
13412410
2,8882,836
1010
1394
141134
3,7043,586
1010
19145
165157
8
4,1343,981
88
1110
1
180174
6
4,6244,301
5454
431
20216537
5, 2725,256
0o
1284
20617333
4,1224,057
22
17125
24221626
5, 0224,987
2121
1165
2662L4
52
5, 4485, 300
1818
24
263
8
421923
21718037
CANADIAN STATISTICS
Physical volume of business, adjusted:fCombined index . . . 1935-39=100
Industrial production:Combined index . . _ do . .
Construction doElectric power do _Manufacturing do
Forestry doMining . - _ . . - . do . .
Distribution:Combined index ._ _ _ do
Carloadings doExports (volume) . . . doImports (volume) doTrade employment do
Agricultural marketings, adjusted:!Combined index do
Grain -- doLivestock do
Commodity prices:Cost of livingt - doWholesale nrires 1926 = 100
Employment (first of month, unadjusted):Combined index _ . _ do ..
Construction and maintenance do...Manufacturing doMining - doService doTrade - - do ..Transportation _ do. ..
Finance:Bank debits mil. of dolCommercial failures .numberLife-insurance sales, new paid for ordinary t
thous. of doL .Security issues and prices:
New bond issues, totalt doBond yieldsf 1935-39=100-Common stock pricesf do .
Foreign trade:Exports total thous. of dol -
Wheat-- .thous. of bu__Wheat flour - . - thous. of bbl .
Imports thous. of dolRailways:
Carloadings thous. of carsFinancial results:
Operating re venues thous. of doL.Ooeratins expenses doOperating income . . . do
Operating results:Revenue freight carried 1 mile-mil, of tons..Passengers carried 1 mile... mil. of pass...
Production:Electric power, central stations
mil. of kw.-hr...Pig iron thous. of long tons-.Steel ingots and castings doWheat flour thous. of bbl
110.590.0
72
33, 670
96.464.0
146, 82223,114
114,924
112187
120.0
132. 1157.4124. 2128.6136.0137.3
99.3114.9154.2124.6109.8
116.9127.392.2
104.981.6
120.990.5
129.2166.7142.5140.790.3
2,68291
28, 530
75, 793101.465.5
111,62213, 570
50990, 705
240
36, 91427, 5577,657
3, 504180
2, 57989
1661,170
120.9
131.9130.2128.6133.8137.3126.5
102.1126.8139.3130.6109.9
167.0185.3123. 3
105.6••82.6
124.7105.0130.3167. 2149.2142.893.7
2,62399
28,159
83,162101.166.1
101,46311,868
31489,496
248
38,39830, 4026,042
3,260219
2,61596
1701,223
128.6
143.9169.3119.4143.9134.4142.3
102.3120.0153.4141.4110. 6
132.8141.2113.0
105. 9r 82. 6
127.9114.3134.4168.1155.4141.494.8
2,45886
24, 698
84,668100.069.3
111.36011,401
57696, 836
256
37,40930,2405,166
2,987248
2,50089
1721,291
130.1
148. 6223. 0114.0148. 6132.2124.4
98.2107.2135.5128.3112.3
77.365.6
105.2
106.4'83.0
131.6121.1138.4170.2157.1142.994.6
2,57166
26,156
404, 62798.975.8
102, 7789,500
55186, 287
252
37, 31929,4636,248
3,385190
2,400105165
1,636
129.0
146.4143.4108.8146.4124.7117.1
99.2108.8119.3148.8112.8
74.659.5
110.5
107.083.3
136.2121.1143.8172.3147.3146.894.3
3,52779
31,210
108, 97698.674.2
106, 7919,659
750108, 645
281
40, 50428, 57310, 257
3,547172
2,487109185
1,873
129.7
146.9278.2109.0146.9123.2128.0
100.3114.8132.7136.0112.5
118.2123.0106.8
107.8
139.2120. 5144.6174.0148.8148.993.5
3,04992
32, 899
108, 57698.074.5
118,40417, 278
683102, 284
259
38, 86926, 96410,024
3,371158
2,525110176
1,588
128.3
140.6187.4111.4142.3117.2123.5
107.1125. 1119.9171.6116.8
146.4162.9107.0
108.084.2
139.1105.9144.7172.6147.8154.492.5
3,20895
33, 727
330,16797.070.3
98, 71111, 762
346102, 302
231
40, 22128, 6029,944
3,772278
2,584110185
1,076
130.5
145.1244 3116. 7141.9126.2122.7
105. 4123.3130.5171.0115.3
146.9168.794.9
108.384.6
134.283.0
142.5167.6149.5160.888.7
2,94179
28, 326
84, 23596.371.3
88, 9534,880
35598, 382
229
36,11329, 2245,095
3,131201
2,635103186
1.177
126.1
138.3223 8115.7134.0121.3125.0
105.1118.8148.2152.7115.8
59.744.397.8
108.285.2
135.282.5
147.4169.1148. 6147.089.4
2,540105
31, 500
115,27196.166.5
100,5329,460
60789, 632
218
34,62028, 5584,318
3,127217
2,40791
1731,462
123.2
133. 5139.0115.8137.3125. 6122. 8
105. 6122. 9147.4153. 6118.9
50.833.593.4
108.285.9
135. 383.0
150. 8168. 7150. 2145. 790.5
2,83890
33,700
42. 52495. 866.8
102, 99511, 623
559107,982
250
40, 61330. 9417,313
4,001218
2,632102195
1, 477
127.9
139.5181 512<i. 1140. 3118 4121.8
108. 1127. 2lt>9. 2150.0117.9
113. 0117.8105. 4
108. (i86. 6
141.3100. 2158. 2174. 1158. 3149. 194. 3
2. 98467
35, 398
78.83095. 965 8
118,42520, 322
850106, 268
252
41,88730, 180
9. 123
3,818225
2. 693103201
1, 661
132.0
143.31S>;> (129 1140. S114 0140. S
112. f13ti 5196. 3145 9
227.7284. 3
94.3
109.488. 5
3. 26684
3(5, 172
115,11995. 963. 9
162. 66329,623
1.34112S,09fi
27 ti
2, 8051142()fi
2,121
T Revised.fData on life-insurance sales revised beginning September 1936; for revisions see p. 56 of the September 1940 Survey. For revisions of new bond issues for 1939 see p. 56
of the March 1941 Survey. All Canadian index numbers to which this note is attached have been revised to a 1935-39 base; earlier data for these series will be shown in asubsequent issue. Common stock price and bond yield indexes have been converted to the new base by multiplying the old series by a constant. The production and distri-bution indexes have been completely revised and no comparable data prior to January 1940 are available at this time. Complete 1940 data for production and distributionindexes are shown on p. 56 of the April 1941 Survey.
^Beginning with July 1940, data are reported by the Industrial Truck Statistical Association and cover reports of 8 companies. They are approximately comparable withprevious data which were compiled by the Bureau of the Census.
O
INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S38
CLASSIFICATION, BY SECTIONS
Monthly business statistics:Business indexesCommodity prices ___ ___Construction and real estate _ _,Domestic tradeEmployment conditions and
wages . . . _FinanceForeign trade _Transportation and communica-
tions _Statistics on individual indus-
tries:Chemicals and allied products.,...Electric power and gas _„__„._.__Foodstuffs and tobaccoFuels and byproducts _.Leather and productsLumber and manufacturesMetals and manufactures:
Iron and steel_ _ „ _ . ._Nonferrous metals and prod-
ucts, .Machinery and apparatus. . . .
Paper and printing. „_„ „__Rubber and products __Stone, clay, and glass products _ _Textile products _ , ._______Transportation equipment
Canadian statistics...__ ._ _ _
PageS - lS - 3S - 4S - 6
S - 7S-12S-19
S-19
S-21S-23S-23S-27S-28S-29
S™30
S-31S-32S~33S-34S-35S-36S~37S-38
CLASSIFICATION, BY INDIVIDUALSERIES
Pages marked SAbrasive paper and cloth (coated)__ _______ 34Acceptances, bankers'.... 12Advertising „____„„ __ _ ____ 6Agricultural cash income. .____ — , ,_ 1Agricultural products, foreign trade.___ 19Agricultural wages, loans._ _ _ _, _„__„ 12Air-conditioning equipment-- _ _ 32Air mail and air-line operations 6,20Aircraft . __ 1,2,8,10,11,37Alcohol, denatured, ethyl, methanol_. ,__ 21Aluminum....,, .___ _ 31Animal fats, greasesm._._______....._____... 21,22A n t h r a c i t e — — . __._„____ 2,3,9,10,27Apparel, wearing.. 3,4 6,8,10,11,36Asphalt. _ . . . - _ _ . _ . . . . _„__„ 28Automobiles,. ____ __ 1,2,3,6,8,10,11,19,37Automobile accessories and parts. , .____ 37Barley „__„____„ , _ _ 24Bearing metal __ _. ,__._ 31Beef and veal . . ._ „___._. 26Beverages, alcoholic. _______ .___ ._ .__ - . . __ 23,24Bituminous coal.__._____ ___„__. 2,3,9,10,27Boilers.._____ _________„..._...__„____ 30,31Bonds, issues, prices, sales, yields.-.__,„__ 16,17,18Book publication. ._„„_______„__„_„„__..... 34Boxes, paper™. „__ , .__ . _ „ — 34Brass and bronze.... . . . . ___„„_.„_____ 32B r i c k — . _ . . _ _ . . — ._ _ — . . _ . . 35Brokers' loans ._. _____„_.. . . . 13,17Building contracts awarded.- __. 4Building costs.. . ,__, _ _ - _ . _ _ . _ _ _ 5Building expenditures (indexes) ___ . — — 4Building-material prices. ,_„„ . . . . 3Butter _____. . _ . . _ _ _ — ___-. 24Canadian statistics._„ ._ 14,19,37,38Canal traffic „ _ _ ._ __ _ 20Candy___. __ .___-_ -__ — __ — -_ 27Capital flotations. „__„_„_ 16,17
For productive uses ,____. 17Carloadings ___,„ __ — . — — _ — __ 20Cattle and calves.... . . .^ 25Cellulose plastic products™ ____. 23Cement __„ 1,2,3,35Chain-store sales__ __„ 6, 7Cheese . . _ _ 24Chemicals __„__ 1, 2,3,8,10,11,13 f 15f 21Cigars and cigarettes , . _.___ 27Civil-service employees ____. 9Clay products 1,2,8,10,11,13,14,35Clothing (see also hosiery)........... 3,4,6,8,10,11Coal . . . . _ _ . _ _ _ _ _ _ _ _ . - 2,3,9,10,27Cocoa _ _ _ _ _. 26Coffee _ _ 26C oke 28Commercial failures_ 13,14Commercial paper____ _______ — . 12,13Construction:
Contracts awarded ____________________ 4Costs _ „. 5Highways and grade crossings.,.. 4, 5Wage rates _ _ _ _ _ . _ _ ______ _ _ _ _ 12
Copper 31,32Copra and coconut oil_ _ _ ___.._____ 22Corn 24,25Cost-of-living index _ _ _ _ 3Cotton, raw, and manufactures.. 2,3,4,19,36Cottonseed, cake and meal, oil 22Crops.. . ___ . 1,22,24,25,27,36Currency in circulation 15Dairy products ,_. 24Debits, bank ____ — „____ 12
Pages marked SDebt, United States Government..., . ... _... 15Delaware, employment, pay rolls, wages 9,10,12Department stores: Sales, stocks, collections.. 7Deposits, bank ... „ _ _ _ _ _. _ _ _ _ _ . _... 13Disputes, industrial „.. _ _ _ _ . _ 9Dividend declaration payments and rates. _ 1,18Earnings, factory, average weekly and
hourly _.. — — — _ . _ . _ _ _ _ — 10,11,12Eggs and chickens. _ _ _ _ _ _ _ _ . 1,3,26Electrical equipments 2,3,6,8, 10,11,33Electric power production, sales, revenues.. 23Employment, estimated nonagricultural. _ . _ 7Employment indexes:
Factory, by cities and States . . _ 9Factory, by industries _ . 7,8,9Nonmanufactunng _ _ 9
Employment, security operations. 9Emigration and immigration.. ._ 20Engineering construction _ 4Exchange rates, foreign 14Expenditures, United States Government 15Explosives _ _ . _ 21Exports __._. _ __ 19Factory employment, pay rolls, wages _ _ 7,
8,9,10,11,12Fairchild's retail price index _____ _ _. . _ _ _ _ 3Farm wages,. ....„„. 12Farm prices, index..... . _ _ 3Federal Government, finances _______ 15,16Federal-aid highways and grade crossings..™ 4, 5Federal Reserve banks, condition of... _ _,. _„, _ 13Federal Reserve reporting member banks 13Fertilizers_ _ _ _ _ „ _ _ _ _ . — _ — -_ — _ 21Fire-extinguishing equipment_ ______„___ — 37Fire losses_.___ , ._ — . . . _ . . . 5Fish oils and fish. _ _ . ______ ____ ._ .__ 22,27Flaxseed___ ...... 22Flooring_____.__________________________ 29,30Flour, wheat..___. 25Food products _ 1,2,3,
4,6,8,10,11,13,14,15,19,23,24,25,26,27Footwear.. ____. . . . 1,2,4,8, 10,11,29Foreclosures, real estate. _ _ „ _. . . _ 5Foundry equipment _ , _ _ - . 32Freight cars (equipment). „... _ „ _ 37Freight carloadings, cars, indexes . _ _ . _ 20Freight-car surplus . 20Fruits and vegetables_...___ ... 3,24Fuel equipment ._._____,..__,..„ . . 32Fuels. 2,3,13,14,27,28Furniture _ _ 30,31Gas, customers, sales, revenues.. 23Gas and fuel oils _.._..„. . _ . _ _ _ . _ _ . . _ 3,28Gasoline...___ ___. .___. 19,28Gelatin, edible_„ 27General Motors sales . _ _. . _ _ _ _ _ 37Glass and glassware.___________ 1,2,8,10,11,35Gloves and mittens. _ _ . „. . _____ _ _ 29Gold. __ , . . _ _ 14Goods in warehouses. _ _ _ . 6G r a i n s . . . . . . 3,17,24,25Gypsum_ , ,_____. 35Hides and skins _ — — _ _ — — . — . — — 28,29Hogs . . ________ 25Home-loan banks, loans outstanding. ___..„.. 5Home mortgages _. ._______. _ _ _ _ . . 5Hosi ery ._ — _.__._._._____.„_ . . . 36Hotels.—___. — ___._ — — ______- - -__ 20Housing. _ __.. „_„____.. .____. _ _ _ _ _ 3,4Illinois, employment, pay rolls, wages,.__ 9,10,12"mmigration and emigration ___ — „__ 20Imports. _ 19income payments . _„ 1income-tax receipts..—— ___„ —___ _ __ 15incorporations, business, new , 6industrial production, indexes.___ _ _ 1,2instalment loans. . . . . . 13instalment sales, New England______-__ — 7insurance, life ,_____ — __ . . .____ 14nterest and money rates. _ _ _ ,. _ _. 13nventories, manufacturers* „ ... _ ... _ _ _ _ _______ 3
Iron and steel, crude, manufactures. „_-.__.. 1,2,3,4,7,8,9,10,11,13,14,15,30,31
Ironers, household _____„_.__„_ 33Kerosene™ __________ _ _ _ _... _ — _ . — — 28Labor, turn-over, disputes... _„„.._ — , _ 9Lamb and mutton.. . _ _ . „„__ 26Lard _ . 26Lead... . . . _ . _ __ _ _ _ . _ _ . _ 2,32Leather — — 1,2,4,8,10,11,13,14,29Linseed oil, cake, and meal___„___ 22Livestock . 25,26Loans, real-estate, agricultural, brokers*. 23,30,31Locomotives.. „..,._...__.___________ 37,38Looms, woolen, ac t iv i ty . . . . . . _________ 36Lubricants _ .. , ._____ 28Lumber. _ — 1,2,3,7,8,10,11,29,30Machine activity, cotton, wool ____________ 36Machine tools..________ ___— — — — 8,10,11,32Machinery ______ ,1,2,3,8,10,11,13,14,15,19,32Magazine advertising_ _ . ,._„__ 6Manufacturers' orders, shipments, inven-
tories _..___. 2,3Manufacturing indexes. __ _ _ . 1,2Maryland, employment, pay rolls _ _ _ . . _ _ - . 9,10Massachusetts, employment, pay rolls,
wages . . . _ 9,10,12Meats and meat packing 1,2,3,8,10,11,19,26Metals—_ 1,2,4,7,8,9,10,11,14,15,30Methanol _., _ _ _ ._____.__ _ _ 21Mexico, silver production , _ . . . . . . . 15Milk_ 24Minerals 2,9,10Naval stores. .......___.__.__._________ _ 21
Pages marked SNew Jersey, employment, pay rolls, wages_ 9,10,12Newsprint., _ _ _ ,. ~ 34New York, employment, pay rolls, wages.. 9,10,12New York canal traffic ._ _ _ . .. 20New York Stock Exchange.. . 17,18Oats—— ____ — __ _ - _ _ _ . _ _ . _ _ _ - _ 25Ohio, employment. _. , 9Oils and fats. . . __„_._.. 21,22Oleomargarine. . _ _ _ . _ _ _ _ _ . . , _ . 22Orders and shipments, manufacturers' _ _ _ _ _ 2Paint sales__ 22Paper and pulp 1,2,3,4,8,10,11,33,34Passenger-car sales index 6Passports issued 20Pay rolls:
Factory, by cities and States___..____ 10Factory, by industries , _ _ 9,10Nonmanufactunng industries _ . 10
Pennsylvania, employment, pay rolls, wages. 9,10,12
Petroleum and products.. 1,2,3,8,9,10,11,15,28Pig iron. _ . _ . , _ _ _ . 30Porcelain enameled products. . . . . 31Pork . . . _ _ _ _ . _ _ _ 26Postal business.. ,„_.„____. 6Postal savings __.„_ 13Poultry and eggs. 1,3,26Prices (see also individual commodities):
Retail indexes __. .___ — _ 3Wholesale indexes. „ _ . . 3,4
Pr in t ing . . . . . . . . _ _ _ _ . . _ _ . _ 1,2,8,10,11,34Profits, corporation. _ _. . _ 15Public relief.... _ ._ 12Public u t i l i t i es . . . . . . . . . . . 4,9,10,14,15, 16,17,18Pullman Co. 20Pumps.. _ _ 32Purchasing power of the dollar . „ 4Radiators _ _ _ . _ _ _ 30Radio, advertising ,_____.___..__ 6Railways, operations, equipment, financial
statistics, employment, wages 1,2,9,10,12,16,17,18, 20,37,38
Railways, street (see street railways, etc.).Ranges, electric __„___ _ . _ . - _ - 33Rayon 2,4,36Reconstruction Finance Corporation, loans. 16Refrigerators, electric, household_ „ _ . „ 33Registrations, automobiles__«-„ 37Rents (housing), index- _ _ 3Retail trade:
Automobiles, new passenger 6Chain stores, variety (5-and-10), grocery,
and other.. ,__„_„„..__ . 6, 7Department stores ___„_ 7Mail order... ,_ 7Rural general merchandise. _. 7
Rice. . . . . _ . _ _ _ . . . . . 25River traffic.. — . . . _ .____ . _ _ _ _ _ _ _ . 20Roofing asphalt. ... .___ _.__ 23Rubber, crude, scrap, footwear, tires and
tubes . . . 1,2,3,4,8,10,11,34,35Savings deposits ._ ._ 13Sheep and lambs _._____. . . _ _ _ _ . . 26Shipbuilding.. 1,2,8,10,11Shoes... _ _ , - _ _ . - - 1,2,4,8,10,11,29Silk... . _ -_ — _ _ - . -_________-_ - 2,4,36Silver _ 15Skins. ______ . . . 28,29Slaughtering and meat packing... __ 1,
2,8,10,11,25,26Spindle activity, cotton, wool „„_._„_ 36Steel and iron (see iron and steel).Steel, scrap, exports and imports__.._,___ 30Stockholders. 18Stocks, department-store (see also manu-
facturers' inventories). . . . . . 7Stocks, issues, prices, sales, yields.- ._ 16, 17, 18Stone, clay, and glass products. __„ 1,
2,8,10,11,13,14,35Street railways and buses . „„„__ 9, 10Sugar. _ . ._„»__„_.__.___ _ 26Sulphur. _ _ 21Sulphuric acid _ . _ _ 21Superphosphate 21Tea. , 26Telephone, telegraph, cable, and radio-
telegraph carriers . . . . . . 9,10,15,21Textiles..._.______ 2,4,8,10,11,12,13,14,36,37Tile___ — ________ .___-___ — _____ 35Tin. . . . . _ _ _ _ _ _ - _ . . - 32T o b a c c o — ..--_____> 2,8,10,11,12,27Tools, machine.-..„___ 8,10,11,32Travel..____.-__ 20Trucks and tractors, industrial, electric.__ 38United States Government bonds 17United States Government, finances_. 15,16United States Steel Corporation.... 18,31Utilities _ . . - . _ 4, 9,10,14, 15,16,17,18Vacuum cleaners . _ 33Variety-store sales index .__- 6Vegetable oils _ _ . . _ . 22Vegetables and fruits. 3,24Wages, factory, and miscellaneous . 10,11,12Warehouses, space occupied . 6Washers, household .__„_. _ _ _ . 33Waterway traffic _ 20Wheat and wheat flour . . ___ 19, 25Wholesale price indexes_ _ _. 3,4Wire cloth— __ . . _ — 32Wisconsin, factory employment, pay rolls,
and wages____-____--__. ___.__,._ 9,10,12Wood pulp 33Wool..— —_"II"II —1 — 1 —— I — I — . - 2,4,36Zinc...... - — — _ — — - 32