APRIL 1941 SURVEY OF CURRENT BUSINESS
UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF FOREIGN AND DOMESTIC COMMERCE WASHINGTON
VOLUME 21 NUMBER 4
UNITED STATES DEPARTMENT OF COMMERCE JESSE H. JONES, Secretary BUREAU OF FOREIGN AND DOMESTIC COMMERCE CARROLL L. WILSON, Director SURVEY OF CURRENT BUSINESS
A publication of the DIVISION OF BUSINESS REVIEW MIL TON GILBERT, Chief JOHN D. WILSON, In Charge, Survey of Current Business
Volume 21 APRIL 1941 Number 4
CONTENTS
Page Page The business situation ...... 3 Figure 7.-Indexes of cost of living, 1939-41 ...... 8 Further production ~a in ...... 4 Fi~ure 8.-Weekly indexes of wholesale prices, January 2, 1937- Consumer buyin~ continues high ...... 6 March 22, 1941...... •....• 9 Report on 1940 profits •...... •...... 6 Fi~ure 9.-PercentaJte chang,es in wholesale prices of selected com modities, May 8, 1937-August 19, 1939, and August 19, 1939- March 15, 1941 ...... • 10 SPECIAL ARTICLES Figure 10.-Indexes of daily spot market prices, August 31, 1939- March 27, 1941...... 11 Recent price developments ...... 8 Fi~ure 11.-Total exports to and g,eneral imports from non-European The American shipping situation ...... 13 areas, 1939-41 ...... •...... 13 FiAure 12.-American owned (Aovernment and private) steam and CHARTS motor merchant vessels of 1,000 gross tons and over eng,aAed in or assigned to ocean trade in the quarters ended December 31, 1938- Figure I.-Monthly business indicators, 1936-41 ...... 2 December 31, 1940 ...... 14 Fi~ure 2.-Indexes of the value of manufacturers' new orders, ship- ments, and inventories, 1929-41 ...... 3 STATISTICAL DATA Figure 3.-Index of production of nonferrous metals and products, New or revised series: adjusted for seasonal variations, 1936-41 ...... 4 Table 14.-Exports by grand divisions and countries, economic Figure 4.-Index of total freight-car loadings, adjusted for seasonal classes, and commodities-revised statistics for 1939...... 17 variations, 1936-41 ...... 4 Table 15.-Imports by ~rand divisions and countries, economic FiAure 5.-Indexes of selected consumer purchases, adjusted for classes, and commodities-revised statistics for 1939...... 18 seasonal variations, 1938-41...... 6 Monthly business statistics...... 19 Figure 6.-Quarterly profits of large industrial corporations, 1934-40. 7 General index ...... Inside back cover
Subscription price of the monthly and weekly issues of the SURVEY OF CURRENT BusiNESS S2 a year. Single-copy price: Monthly, 15 cents; weekly, 5 cents. Foreign subscriptions, S3.50. Price of the 1940 Supplement is 40 cenu. Make remittances only to Superintendent of Documents, Washington, D. C.
:~oztiOI-41--I 1 2 St'HVEY OF CURHE.\'T BFSL'\ESS April 1\l-!1
Monthly Business Indicators, 1936-41 INDUSTRIAL PRODUCTION * 160 lVOLUME, 1935-39= 100)
140
120
100
80 '' I 1936 1937 1938
IRON AND STEEL PRODUCTION" CASH INCOME FROM FARM MARKETINGs·• 250[(1935-39= 100)
i ~:: ee~ ,oolc . ---~~ 200 ---~~-- ---~-~-~---~ i:: I
150--
70 ~ - - ~
6 0 L...... -~-'--'-'·',w.l i .;..c.' ll.J.J' I i'"-''""""'-'-'' ·...:..1 .J..i.l .;.J.' ~'"'-'-U..U....U.U...:..J...W.'-l.l.....-'-'---.-J 1941 1936 1937 1938 1939 1940 1941
FACTORY EMPLOYMENT AND PAYROLLS CONSTRUCTION CONTRACTS AWARDED* 140 (1923-25= 100) I 125 (Vto.LUE,!923-25=100 3- MONTH ~~OV!NG AVER~GE) 1 12 0 f-----+----~--~--_J______: -----j'E---
_;.. EMPLOYMENT t I (ADJUSTED)
1 I 00 1---;;t!""--d--?----\-\'--- 75
COTTON CONSUMPTION * PRICES OF 350 INDUSTRIAL STOCKS 1200 (1935-39=1oo) I 160
150 f----+--+-----1- 140
120
1941
* ADJUSTED FOR SEASONAL VARIATIONS e EXCLUSIVE OF GOVERNMENTAL PAYMENTS Figure 1. April 1941 SPR\'EY OF Cl'RRENT Bl'Sf~ESS 3
The Business Situation
was mHl<'l"tak(~n; a priorities critieallist containing 218 BusiNESS activity eoutimwcl to move ahead in ikms wns mack public; plans were formulated for ob March under the forced draft providPd by the
000,000 last June. \Vith the usc• of lend-lease funds, 120 ------~------110 new construction of Governmc11t-owned manufacturing fneilities for defensn will lw expanded another :~8 per 110 105 cent at a cost of $752,000,000; so an eventual output of dPfense materinl costing $1,500,000,000 to $2,000,- 000,000 monthly may be expected. The magnitude of this investment is demonstrated by comparison with the gross investment in the peak year 1929 on 90 ------]_~-----~- 95 dence of increasing supply difficulties accumulated ;"\:OTE.-The right scale (im·entories) is douhle that for the ldt scale (IWw order' and shipments). The two scales were used to take into account the uitkrcnce in dollar during the month. These were reflected in the sharpest volume rcpresent.L'cl by the index nmnbers. increase in sensitive commodity prices since Septem ber 1939 (discussed in the article on price develop ruary, buyers seeking to assure delivery many months ments on page 8 of this issue) and in the broaden hence. Particularly was this true of machinery and ing of controls found necessary by defense authorities iron and steel, both of which contributed heavily to During March the complete allocation of aluminum 3, 6-percent advance in the Department of Commerce 4 SURVEY OF CURRE:KT BeSI~ESS April 1941 new orders index, leaving the month's new business 84 in thl'se lines rose again during March, and though the percent above that of a year ago. usual seasonal increase in many other lines was not Accompanying this further expansion of new orders possible, expansion of output in the aggregate con was a sharp rise of about 7 percent in February ship tinued a1; about the same rate as in the previous month. ments of manufactured goods. Part of the larger move In the mdal industries, wher~e' most gains arc limited ment was seasonal, especially in such consumers' goods to the introduction of new capacity, activity is expand as textiles and foods. However, shipment of defense ing little. Sted output in ~Iareh was 7,146,000 tons, materials was also in much heavier volume as iron and the largest in history, but a smaller advance than is steel and their products, transportation equipment usual. ,\ctivity climbed to a peak of 99.8 perecnt of (including aircraft and some ordnance material), and capacity during the month, the highest operating rate all types of machinery advanced. Despite this expan since ~lay 1929. Output of most nonferrous metals sion, however, shipments failed to match incoming also rose somewhat, but the increase on a daily-average business for the tenth consecutive month and order basis was small. Substantial addition to aluminum backlogs of durable goods increased a further 11 percent. producing plant, where the tightest supply situation is now to be found, is not expected until late in the 250 (1935-39 = 100) second quarter. Lumber and paper outputs were heavier, though the former, starting from an already high levd, failed to realize the usual rise of about 10 pereent. In contrast to the ~larch expansion in past years, the automobile industry ended a record quarter with production of approximntely 500,000 units, little clwnged from the previous month. The C•)al industry furnished the most substantial rxpansion in ~larch, as fear of interrupted shipments during lnbor 1wgotiations lPd to widespread consumer stoeking and an output gain of 8 percent, though pro Figure 3.-Jndex of Production of Nonferrous Metals and Products, Adjusted for Seasonal Variations, 1936-41 (Board of Governors of the duction usually declines very sharply. This gain con Federal Reserve System). tributed markedly to producing a weekly average of The heavier movement of goods took on adclecl 76:3,580 freight loadings, 22 percent above a year ago, meaning inasmuch as manufacturers' inventories show eel and the ht'f~Xiest for any like month sinre 1930. Though little increase. For some time, forward buying and expanding productive activity have bolstered ship ments through inducing intrnmanufacturer deliveries of semifinished goods for inventory. Now, howenr, goods in general are moving into clistribution nml con sumption channels on a substantially largpr scale. The February accumulation of inventory by manu fncturers was approximately $50,000,000, a consider able decline from the average addition of $200,000,000 monthly over the past half year. Some consumers' industries reduced inventories, but such declines were mostly of a seasonal nature. Accumulation continued Fi~ure 4.-lndex of Total Frei~ht Car Loadings, Adjusted for Seasonal chiefly in such expanding indus tries as machinery, Variations, !936-41 (Board of Governors of the Federal Reserve System). transport, equipment, and airrraft. In most other durables, inventories were unchanged, reflecting in movenwnt of industrial freight rose less than usual, it some measure the increasing diffirulty in obtaining remained in large volume ns compared with other materials in excess of immediate production needs. recent yE·nrs. Ore shipments were the heaviest on record fm ~lnrch, while coke loadings were the highest Further Production Gain. since the record-breaking totals of early 1926. The huge clt>mand now in existence was met by another increase in output during ~Jarch. IndustriPs Advance in Construction. directly concerned with ddensc production--machim'ry, Sustained by large contraet backlogs and heavy cur aircraft, shipbuilding, and railroad equipment (which rent awards, construction activity advanced with includes large ordnance activity)-have rcrently moved better weather conditions in March. Further improve ahead rapidly with completion of new facilities and ment on a seasonally adjusted basis is expected over were primarily responsible for the February advance in the next quarter, increasing private construction awards the Federal Reserve's adjusted index to 141. Activity offsetting some recent decline in public contracts. April 1941 SCRYEY OF Cl 'RRENT BUSINESS 5 In respect to public construction, the major part. of of 1940 wlwn the cantonment program was expanding the cantonment program had been contracted for by rapidly. the end of December, and awards for more than two Smaller Rise in Income and Employment. thirds of the $1,900,000,000 defense plant and equip Notwithstanding wide gains in business activity, the ment expansion had been made by 1larch. Contraets February increase in employment and income aft<•r of the latter type a~ reported by tlw Office of Product ion ndjustment for seasonal influenct's was somewhat .Management were reduced to $12S,OOO,OOO in FPbrll smaller than in other recent months. Civil nonagri ary from the $358,000,000 high of the previous month. cultural employmrnt incTeased by 265,000 workers to n However, a rPsumption of thP advance in this area is total of :36,!584,000. This representr•d a gain of 2,200,000 cxpeded soon, as the lend-lease appropriation includes ont· February 1940, making nonagricultura.l employ $752,000,000 for manufacturing fncilitiPs and still more ment the largt•st on record for the month. funds for shipyards will undoubtedly be forthcoming. Though factory employment made the most sub Ylemrwhile private awards, which now comprisr• stantial nclvnnce in the aggregatl', its rise only slightly about two-thirds of the total, havP bPen raised by in excet•cled the usual seasonal, a small increase in the Cl'('flSPd need for defense plant and an advancing de adjusted index for durable goods rmployment eoun tcr mand for housing. Issuance of "certifiea tPs of neces ing a decline in that for nondurables nncl raising the sity," which a.re sought bdorl' contracts arc let total iJHkx from 118.:3 to 118.4. Dd(•nsc industries aggregated $:~51,000,000 in ?\/[arch, as compared with seorecl the heaviest rise. Changes in other durable $298,000,000 in FPbruary ami $192,000,000 in tht' pre linr•s were less marked, and Pmployment was reducl'd C!~ding month. in a few, including ngrieultural machinery, lumber, In the residential construction ar<'a, contracts re and bl1ilcling mn terials. ported by the F. W. Dodge Corporation for 37 Statl's Construelion and trndc, fields kss hampered by in Fr•bruary W('re $11G,OOO,OOO, 5f) JWrcent above a cnpacity problems, experi<•JJc(•d eontraspasonal gains year ago nnd the lnrgest for any FPbruary sincP 192~1. dming February. As indic·ntcd above, activity on and a further increase was evident in ?\lnreh. I\Iuch of Federal projPets was responsible for a major part of the current activity is for privnte account, public resi the expansion in thP construetion area, an unus1w1ly dential awards in February being only $2~3,000,000, large n umlH'r of PmployPes hnving been engag('(l on less than half of tlw monthly volume in the final qunrt<'r thl'se projPets throughout the entin· wintPr. MONTHLY BUSINESS INDEXES '.· ~onthly . in:::~.! ;~r:.7:~-:-: ·h f -~:~d:::::.~- P•·o- j t'reight-carl; Retail sales,l ~~.~~~n 1. ! payments, ad- 1 P o)dmen 1· :as ar':r 1 du<"tion, ad- loadings, value, ad- value' I .C 1 1 ' justed 1 , an pay mcome i justed ' , adjusted justed I dj t d 1 1 ~ ' 1 rolls i 1 I a us e \ =;; "' l---,,----~--.,-1 --;,--~-.--1----,-----,-·--T!------,----:r·.--,--r-;-- __:___ 1 .;;- :z: I I, I s i :!) I .:!l I I ! I'' I i· = I ! : I "t"' "' li"' i ' Q i ~ "¢ I ! ! : ·II ~ I s I ~~ ':I =·~ rl; ! ~ I s 1 -~ ~ I I !I i .I~ I rr. i .s I!:= ·; ~ ·=:a ~ ·- =.- .... ~ : I I !I : ~ ~ I = I §:c =a ~ ~ ~ =~ 1 I ~ 1: 00 ~ :1 ~~ , ~ · ~ 1 ~ ~ o .~ a-s 1 S 1 1 l ~ i ~~ ~t I ;..,"' 'I ] l ~ 11 j ~ ~ ill f.] II 1 i ~~ ~ ~ i ~~ I i i I :: I I "'; I .:: : :s ·t i ~ .=. :::: ~ I :,Q t 1 :.= .c - I ~ a. ~ ~ , = I' .. 1 ~ s 1 = 1 ~ I .=. s , = I = s , l: a ~ & 1 =- , = , = = I ' - I - ) = I s ::: ., : II .. ·- I : 1 ' "' "' "' "' ' s I : I " ~ ______i_ __c_l_l -~-_;-~__ 1 ~-L~_I_ :_ -~-l __ :__t:_ ____ :_ __ :_:J : __ _L:__t__z_ -~- J....:.J..:__J ~---'~--- : :\lonthly awrag<·, i :\Tonthly,~v-1 !\lon~hll'o~v-1 Monthly average, i :\!onthly averag<·, [192!!- :\!onthly aYcrage, ~~,?~r:{~~Y 19.,9 _ 100 :. era~c.192- I era~c.lv.- I I'JI.l5-3li=IOIJ ' I921l.·.25=H.IO ]:H=IOO IV23-25=JOO 1 'ioo \ " - ! 2ii= 100 29=100 i . ' I : I1926 = ~~m: ;~~,~u~;;~~~~-- ---~--:~zl! -g~-;··-~s~;l~~~~F-;o~~~~~-T~~~~~--~~~~~~-~~~-,1-~r~~TI ~;7~-~~~~~,;~.-~~--~;-ll;~r;~-- ~r·~ ,--~;,~1 1932: February ...... (\(i.8 'I 66.0 69.6 1 71.4 I M.4 ...... i 61! 62 69 1 60 I 79 44.0 1 45 41 >5. >6.:l 1 1933: February ...... 04.61 53.4 1 M.k] fl!i.O 41.4 ...... I 57 i 551 69 [ 52 I 116 112 :;3.0 I 29 21l 19 52.7 1 .o9.8 1 1 1 1937: February_ ...... , 87.4 Sii. 4 87. I !OK. 4 '.. 100. I 1 57. 5 . 79: [; 1l7 , 1 ll.9 109 821, GS \1!\ 1:l9 .• 67 87 1 8\1,4 1 86. :l 1 I o I 1 ~i 1 IH38: February______1 ~1.5 1 iU.U SI.fi 1 ~2.4 i 77.71 54.0 78.fi! ~.t 11 X2 08, 62 1 ~~ ~~ 74.0 i ifi I .11 i 74.2 ~ 7H.8 1 !Uil9: February...... 1 81l. 7 I! 84.1 I SUi 1 911.8 87. I , ii2 ..o ill. 0 I 101 i 101 ] 102 I 67 .' 96.0 , 63 49 73 77. I I 76.9 1 40 1 lll ' i Ii I I i I ' I i : 62 92 ?5 8 I . : 74 75 101 3 I 7\1, 4 1 ~~~~~'iry... .. :::::: : ~3:~ ::. ~~:~I ~3:~ :gkg 1. gn: ~;::~ ~~:8 I mII mI' mI ~~ill 61 90 :xo:sl· 1331' 63 63 87:9 I 78,7 ~larch...... -! 88.4 il 87.0 i 89.3 104.0' 9V.8j' 60.0 ,r..o i 1l3 1' 112 ll7 69 , 60 89 112.5 91 fill 62 99.0 78.4 ApriL..... I 88.211 811.2 i 88.7 102.8' 97.9 62.5 81.5 Ill,] 110, 11\1 70 1 59 89 112.5 90 I lil 64 \17.6 78.6 1 1 :VIay ••.. :.·::::::::::: 88.6 !,: 87.3 .I 89.8 102.81 97.81 611.0 BO.O I ]]f) II 1141' 117 721. ~.o B\1 104.1 i 91 ~.·,4,) ~,'44 ',.19, 7 I zs.4 .June ...... 1 88.7 ·'I 87.9 \111.7 lllll.\1 99.!i 62.il 711.0 I 121 122 118 75 [ u \II 122.7 I 104 I u .15.111 t7.5 July...... ·i 8\1.31 88.8191.1 J0-".11 98.2 7,5.0 7LO'II21,1121'i120 751!1 61 \J2 119 ..51 95, 7o B!i H7 .. o 1 77.7 1 August.. . 90. 5 II 90,4 ' n. :; 107,4 I 105. !\ I 79.0 71.0 121 i I 122 114 ~6 ' fl1 \18 120,2 'I 100 II 71 ~~ 92 8 77.4 September ···! 91.7.· 91.5] \l:l.O 108.!1•111.61 95.0 75.!\11251. 127111il '71' 61 97 118.7 74 li3 92.61 78.0 October...... , 92.5:1 n.2 I 93.4 111.4 l11il.2 1117.0 80.5. 12\J I 131 113 77 ,I 62 94 l~:l.41 74. Gil 95 10K3: 7K7 Non·mb<'r...... 1 93.fi 1, 93.\l! 94.7 114.2 i llll.4 I \lli.5 79.5 ·, 1:12,, J:l5l 117 83 '.1 62 I ()(J •. 128 .. 6 I, 751 6\J Ill 105.fi i 79.fl 1 lleeemb<'r 1 95.8:1 97,0 i 96.9 116.fl; 122.4 I 81Ul 8!i.5,1 138 'I 142, 118 84! 63 101 121 6 80! 79 115 123.:Jj RO.IJ 1 1 1941: " I I I I January... . 96.6 97.8: 97.3 118.3 120.7. 74.5 8fl.5' 139 14:;,1 118 86 ' fl:J 101 154.3 84 70, JO:l 111.0, 80.8 1 i 1i 1i t'ebruary ·i 96.8 1 98.7 i ~~~~·~~~~~-~L~~ _sa.iij51.~1~~-~~-L-~~ -~~1-~ ~-----~~--73_1 88 98,6 i 80,6 1 Adjusted for seasonal variations. 2 From farm marketings. 6 SUR\'EY OF ClJRHEXT BlJSIJ'\ESS April 1941 Though heavier income payments accompanied the year in tlw month of March, department-store sales in employment gains in February, the total adnmce was the 4 ,,·eekB ending March 22 were 2 percent above cut by reduced income from farm marketing-s, pnynwnts those in the like period a year ago, about equal to the rising to an annual rate of $79,500,000,000. The pay February level after adjustment for seasonal influence. roll increase of 5 percent was largely responsible for the Tlwuc;h purchases have been heavy in almost all rise in the adjusted index of income paynwnts from lin<'s, n~: is usually tlw ease in times of rising income, 96.6 in .January to ~JG.8 in February. On the otlH•r salPs of :lurables have expandt>cl more than nondurables. hand, the adjusted index of cash income from farm Automobilt• dealers sold approximately 420,000 ne\v marketings fell3 points to 83.5 in February. Howeyer, units in February, n record for tlw month, and business this dcclille is not significant. Withhohling of corn in ).larch continued in the same goocl volume. Buying from Government lonn, which now is n.Yailable until 1935 -2;9 = I00 Oetober (as contrasted with a time limit of April 1 300 ELECTRIC REFRIGERATOR SALES last year), itml reduced marketing of tobacco, both ( DOMESTIC HOUSEHOLD) contributed to a smaller crop income. Income from 250 the marketing of livestock continued high. Livt>stock prices have advanced substantially since the year-end, 200 averaging 27 percent above the first 3 months a year ago and 16 percent above the final quarter of 1940. 150 This reflects expanding demand and a relatively fixed supply over the short period. 100 These varying movements in price and marketing of different commodities have about canceled each other 50 in their influence on the aggregate fttrm income, the $1,383,000,000 (including Government pnyments) for OWJ.~~kW~~~~~LU~~~~Lu~~~~ 200 the first 2 months this year equaling the $1,386,000,000 GROCERY CHAIN-STORE SALES realized in the same period of 1940. Over the next 150 f----· year increased foreign drmnncl is expected to enhance farm income, the result of a lend-lease appropriation of .... ~ 100 $1,350,000,000 for "agricultural, industrial, and other commodities." British agricultural needs appear to be 50 I I I I ' greatest for meats, dairy products, and certain feeds; 2oor-·------,------, grains being in more adequate supply on the wbole. APPAREL CHAIN- STORE SALES Consumer Buying Continues High. Consumer buying maintained its high levc•l of recent months during 11nrch, though large tax pnynwnts limited gains to about thP usual sensonnl. Thrse heavy ~larch sales followed purchasing in Fcbmary which was the best in more than a decade, \Yhen meas 0.0. 4/•1!3 Fi~tuc 5.-~ndcxes of Selected Consumer Purchases, Adjusted for Seasonal ured on a seasonally adjusted basis. At thnt time, tlw Variations, 1938-41. adjusted index of departnwnt-storc snlt•s ndnmce 15o.------~------~---,---,--- October--December to approximate the high level of the IRON AND STEEL fourth 1939 quarter. It should be kept in mind that I 00 ___L _____ : earnings of leading corporations are not representative 50 ____l ___ j_ of returns of all industrial corporations. The two I I differ as to the relative importance of various indus I tries and in the fact that all industrial corporations include a larger proportion of small corporations whose comparative profit showing is difl'erent from that of large corporations. Among the leading industrial corporations, pro ducers of durable goods reported the heaviest increase in net income during 1940. Iron and steel earnings, 50 for example, nearly doubled, and machinery companies o~~~~~uU~~LL~~~~~~u_u had un advance of more than 50 percent. Other 00 I fOODS, BEVERAGES, CONFECTIONERY AND TOB( Recent Price Developments By Ralph C. Wood, Division of Business Review ONTINuiNG a trend that began last August, .Tune 19:39 to February 1940, although substantial for C many commodity prices moved upward during the this indicator, was small in comparison, for example, first quarter of this year. Although large increases owr with the aclnnce of almost 7 percent from April 1936 last fall have been mainly confined to basic commodities, to September 1937. Though living costs were higher advances among processed and fabricatt•d goods were in February than at any time since the middle of 1938, increasingly numerous and in many instances substan they s1ill were about 3.5 percent below September 1937. tial. Prices of all commodities other than farm products Considering the pace of industrial activity and and foods, as reported by the FnitNl States Bureau of cmTt'nt emphasis on spec'd in production and delivery, Labor Statistics, were only 4 percent higher by tlw end th0 rise of wholesale commodity prices has also lwc'n, of 1farch than in mid-August of last year, but pric0s in general, moderat0. (In considering individual prices. of many commodities, especially those affeded by the JUNE :5, 1939 = 100 JUNE 15, 1939 = 100 procurement needs of the armed forces, were high<'!" hy 106 a much wider margin. ALL ITEMS I 106 Wholesale lumber prices generally were about 20 104 percent higher, woolen and worsted goods 12 percent, cotton goods 23 percent, leather about 7 percent; and 102 prices of a number of specific items among these gronps were up in a much greater degree. \Vith some excep ~----+------+~100 tions, such as the specific lumber prices that adnmct>d 98w_~~LL~~LL~~~ L-~-~~~~~~~·~~~·w98 most sharply last fall and that have declined to some 106 ,.------~-----,..--, I 06 extent, the tendency among these prict>s sinc0 the first RENT of the year has been to hold th0ir large increases of pre !---~-T I I 04 ceding months or to continue upward. Among food I I I prices at wholesale, meats were higher by about 10 --LI 02 percent. I _l. Notable advances have occurred recently in many I 00 other lines, including clothing, furniture, housefurnish 98~~~~~LL~~LLW j_ I I ,[",.,! 98 ings, refrigerators, kitchen utensils and small appliances, I06r------,..-, 106 hardware, and office supplies. Discounts and other HOUSE concessions formerly available have been rpduced or FURNISHINGS eliminated from the tenus of sale in many price areas, thus contributing to tlw rise in effective prices. Wlwlesale price incrPnsPs began filtering clown in to retail lines some time ago, notably in dothing, fumiture, refrigerators, and other items just mentioned. .:\fen's clothing, including overalls and work shirts, \vas one of the first to he affected, with n•peatccl small increases 00 41•106 since last fall. This movenwnt was more than offst>t Fl~ure 7.-Indexes of Cost of Livin~, 1939-41. ..'\ OTE.-Tlw indt•xes have been recomputPd, with June 15, 1939. as base, from the in January and Ft>bruary by cut-price sales of wonwn's indPxes of cost of goods purchased by wage earners and lower salaried workprs published hy tho tT. S. Department of Labor. Data plotted are for the 15th of the wear, so the clothing compmwnt of the cost-of-living last month in '"ach quarter through S<•ptemhPr 1940 and forth<' 15th of each month thereafter Tlw indPx of "all items'' includl•S a n1isce1laneous group not sho'"'ll index for goods purchased by wage earners and lower !'eparatel:. in this chart. salaried workers fell slightly in those months. (See fig. 7.) ho"·cyer, it should be remembered that a. great reduc Nevertheless, because of increases in practically all tion of oYerhead costs per unit of output has occmTecl in other items the combim•cl cost-of-living index ndvanced many industries where output has risen to capacity or slightly in F0brunry. This gain was particularly note nenr-en.pacity levels.) At the end of March the "all worthy among food prices, beef prices declining som\' commodity" index wn.s still 7 percent below the highest what but pork advancing sharply. A seasonal drop in point rPached in 1937. Even the index for commodities egg prices also occurred, but pric0s of most other foods otlwr than farm products and foods, which excludes increased. Notwithstanding a definitt'ly upward tend the grm1ps that fell furthest from 1937 to 1939, had not ency, the 2-percc'nt risP in the cost of living from quite equaled its highest mark for 1937. Nor has the April 1941 SURVEY OF CURRENT BUSINESS 9 increase since August 1940 been at an exceptionally date to tlw reeent week of March 15 the price rose 43 rapid rate except for particular prices or groups of percent, this general movement being typical of most prices, especially imported raw materials and certain agricultural items and of a small number of basic finished items in heavy demand by the Army and Navy. industrial materials. On the othPr hand, prices of It should, none the less, be stressed that the over-all finished steel, cement, plate glass, and sulfuric acid, tendency is an upward movement, and that price in which ehanged not at all or only in comparatively slight creases are appearing more and more frequently. degree in the first period, likewise ndvanced little or not Quoted prices fail to reflect the full extent of these at all after the outbreak of war. increases, not only because of the elimination of various Price' behavior of the type demonstrated is nothing priec concessions but also because of premium payments new. It is the rule rather than the exception for prices for quick delivery. The extent of these practices is not of raw materials to fiuctuate more widely tlum those of known, but they are probably common in cases where sc•mimanufactmed goods, and for the latter to fluctuate operations would have to be stopped or st>riously cur more than prie<'S of manufactured goods. The fact tailed if supplies of an essential item were not obtained. should be strpssed, moreovc•r, that the price advance which has occurred is one that is not unexpected, given 1926. 100 partially unutilized resources at the outset, tending to 100 limit price increases, but given also such factors as a tremendous increase in the demand for goods, an urgent need for quick delivery, and a marked shift in the chnracter of goods demanded. Cessation or delay of export and import tmcle has tended to depn•ss some prices or limit their advnnce, while contributing to the rise of other prices. To this list of conditioning circumstances must also be added a wide reeognition of the need for maintaining as stable a price structure as possible. The Price Stabilization Division of the N ationa1 Defense Ad visory Commission, which is charged with the task of 1940 1941 preventing unnecessary or unjustified price increases, D.O. 41~107 has had some suceess in this direction. In instances Fi)4ure 8.-Weekly Indexes of Wholesale Prices, January 2, 1937-March 22, 1941 (U. S. Department of Labor). where the demand is obviously greater than the supply likely to be available in the near term, attempts have The Character of the Price Rise to Date. been made to control the price while the basic shortage The net movement of commodity prices since the war of supply is being corrected. Howeyer, the activities broke out in sl~ptc>mber 19:)9 has not lwen that of a of the Price Stabilization Division have been largely roughly proportionate rise in nll prices, but rather a eonfinecl to the situations that haYe been most acute, lifting of those sensitive prices which in the 2-yenr and the net result of all the influences at ·work has been period immediatdy pn·ceding the outbn•ak of war had a tendency toward at least a slight strengthening of been depressed most. Since many quoted pric<'S fdl prices oyer a wide area of the economy. relativdy little or not at all in this period, and have Basic Commodity Prices. changed but slightly since August 19:39, the tendency The familiarly sensitive priees of leading basie com of tlw priec' inen•ascs since the latter elate has lwen to modities have experienced the most substantial rise for reduee tlw dispersion of prices that resulted from their any diverse group. Over the 7 months from August relative mov<'ml'nts aftn· the middle of 19:37. This 19 to the end of Mareh the Bureau of Labor Statistics' tenclPncy is rdiected in a somewhat greatc•r rclativ<' basic eommodity price index scored a net increase of 28 rise in prie('S of raw matt-rials than in those of manu percent. (See fig. 10.) Although the import com faetur<'d goods, as Pvicknced in figure 8, both for the ponent of this index rose more than the domestic, with 1wt monmPnt since August 19:39 and for the pC'riod of almost half its advance of 37 percent occurring after sustained increase since August 1940. Figure 9, in the middle of February, the domestic items in the index which are shown the net changes in the prices of repre rose about 22 percent on the average. sentative individual commmlities bc'tWC'en S<'lc•etl>d The faet that all import prices in the index were W<'eks in 19~37 and 1989, and 19~)9 and 1941, provides significantly and in most cases substantially higher in m1 <'V<'n better indication of this tendency. For cx the latter part of March than in mid-August of last tunpk, this figure shows that the• priee of No. 3 yellow year suggests the importance of such general factors as corn dropped about 68 percent from the WC'ek of :\fay 8, increased consumption, forward buying and higher 19:H, to tlw WC'ek of August 19, 19:39. From the latter shipping rates. As shown in an article on page 13 of :l02601--4l-2 10 SUHVEY OF CUIU\E~T Bl'SI~ESS April 19-!l this issue, the shipping situation has become increas other hand, livestock prices advanced sharply in ingly tight, with a number of increases in cargo rates December and ,January, especially \Vith a decline of hog and further increases expected after April 1. For ex marketings in the latter month. Prices of all leading ample, the rate on freight space from the north side of agriculwrnl commodities moved up again during :March Cuba for April shipment of raw sugar moved up from under the influence of a number of factors. Raw 40 to 45 and in some eases 50 cents per 100 pounds cotton prices reflected the new record levels of mill during the latter part of :March, compared ,,-ith 25 to consumption of raw cotton, while \vheat prices ad 30 cents earlier this year. Despite a quota increase of vanced with announeement of an 8-pereent decline (as about 3~~ percent announced on March 19, both raw compmed with last year) in spring \vheat acreage and refined prices held in the next few days and ad intended for planting, proposed reductions in next vanced subsequently. The rise in freight ratr nlone srason's winter wheat acreage, and expectations of an does not account for the full extent of the increase in increased loan on this season's crop. Cotton also raw or refined sugar prices, but the upward trend in advanc.xl further on news of proposals for a higher transportation charges, as well as fear of interrupted loan, and cottonseed oil prices late in l\Iarch were at shipments, has led to heavy forward buying by refiners their high(~st levels in several years. For many com and large consuming interests, and this in turn has modities, including foodstuffs, passage of the Lease-Lend exerted pressure on prices. Similar conditions havr Act stimulated the prospects for foreign sales as \Yell operated in the markets for other import commodities. as the outlook for domestic consumption. Among the domestic items included in the Bureau Except for some increase in lead, prices of the basic of Labor Statistics' index of basic commodity prices, domestic nonferrous metals refined from new ore have cotton print cloth scored one of the largest relatin been unchanged since the end of September. The increases, and domestic nonferrous metals and some problem of nonferrous metal prices has centered around steel scrap quotations were up by 10 pE~rcent or more the secondary markets-scrap materials and refined over last August. Agricultural prices have advanced output from scrap. For months the demand for all substantially, the daily index being nearly 20 percent these metals has been such that primary producers have higher at the end of March than in mid-August. Wheat been unable to supply buyers with all they would take at Kansas City rose over 30 percent from mid-August at the stable prices that have been maintained, hence to mid-November, but declined in January. On the buying pressure has been transferred ·to the secondary PERCENTAGE CHANGE PERCENTAGE CHANGE +20 +80 -WOOD PULP, KRAFT NO. 1, vvM. ___, ······· SULF'URIC ACID, 66o 0 ... - PORTLANO CEMENT Q ··PLATE GLASS ~~~~~~~~~~~~~··· ···BYPRODUCT COKE ~ ··-·--· STEEL RAILS - YELLOW PINE, NO. 2 COMMON ··-...•. STRUCTURAL STEEL ----- ·TURPENTINE ···--... WOOL, DOMESTIC, TERRITORY . PIG IRON --- · STEEL SCRAP ·······-CORN, N0.3 YELLOW +40 ··-····ARMY DUCK, S·TO 15· OZ . • -· PRINT CLOTH, 38 );~ IN., 64 X 60 ---··: ..• STEERS, GOOD TO CHOICE .. --- WHEAT, NO. 2 HARD .•..... -TOLUENE ·· · ----CREAMERY BUTTER -DOUGLAS FIR, NO. I COMMON ·--HIDES, COW, LiGHT NATIVE -40 WOOD PULP, KRAFT NO. I, DOM. +20 ---- -BONE BLACK ····--·-COTTON, MIDDLING ---i~~pJ~~ ELECTROLYTIC ~ . ·-.BYPRODUCT COKE j-60"""., "'"' ~ STEEL RAILS Q ~:::,_==·~======1 Q- ~r:¥~T~~~ 8STEEL \ SULFURIC ACID, 66" ~ ,.. ., ""~ PORTLAND CEMENT ------~.-20 MAY 8, 1937 AUG. 19, 1939 AUG. 19, 1939 MARCH 15, 1941 L---~------~~~~J-80 D.O. markets with resulting price increases and speculative metals the pieture is therefore one of substantial and holding of supplies. The size of these markets~{ hat sustained advance over a period of more than 7 months. is, the large number of sellers of scrap metul~rcnders Not only the fact that the index of basic commodity the problem of controlling speculation difficult. Con prices has smpassed the peak reached in September ditions during the first quarter of this yf'ar wt>re such 1939, but also the fact that the recent movement has that not only the prices of metal refined from scrap persisted for so long a time (in contrast with the sudden but, in some instances, the prices of scrap itself (mainly rise when war broke out), is significant to the outlook the better grades) were above the refined prices of for commodity prices gl'nerally. Although industrial primary producers. A series of warnings by the Price purchasNs of basie materials may in many instances Stabilization Division of the Defense Commission to still have on hand supplies purchased prior to the scrap-metal deakrs was followt'd on .March 23 by an eurrent advane<> in sensitive prices, prices of processed and fabricated artieles are likely to rofleet increasingly AUGUST 1939, 100 140 the fact that sueh supplies ean usually be replenished only at the higher levels now prevailing. 130 ~----~~-+~~~~~~~~~~+~--/-~~~[ Other Commodity Prices. 28 BASIC COMMODITIES As noted above, the prices of goods other than basic / materials have not been immune to the pressures oper ating in reeent months. Prices of semimanufaetured and mnnufactured goods were 10 percent and 4 pereent higlwr, respectiYely, at the end of l\farch than in the middln of last August, about half each increase having occurred since the first of this year. Many of these IOO~L------+------~------_, prices, especially in tho semimanufactured group, are almost as Yolu.tile as those of raw commodities, either because raw materials tlwmselves constitute an impor lsor------r------,------, tant part of total produetion costs, because the industry is highly competitive, or for other reasons. Some of the most important procurement items of the armed forces have been among the processed or /II IMPORT COMMODITIES fabricated commodities whose prices have advaneed 130 l----f-4oL\--f--t-\ ~~~-f~-f most since last August. These include lumber, wool goods~uniform cloth, blnnkets, soeks, gloves~leather 120 :\___ ;\; ---· --- goods, selected cotton goods. lncreas('S in individual lumber prices rangt>cl up to 50 percent in such cases as 110 _ -~·-····_·-._./r~:~~~i'·\ ___ --~ 1''-~~t------that of Southern Pine, yellow, No. 2 common boards, 1 /'" ••• : quotations on which averaged $21.86 pt>r thousand 17 DOMESTIC COMMODIT;;;, \; : board ft'i't in July nnd $33.01 in November, dropping 100~~-----r------~------~ to $31.77, how The American Shipping Situation By Warren Wilhelm, Division of Business Review ' MPORTERS have experienced growing diffirulty Consider the demand first. Imports into the United I during recent weeks in obtaining shipping spaee for Statt1s are currently in the heaviest volume since early movement of goods into the United States. A~enries 1937. Moreover, a significant shift has occurred in in Washington responsible for stockpiling of strntegic the souree and nature of our import trade. Today nnd critical materials have had some trouble in promptly the Mt1diterranean region and most of the continent moving chrome, rubber, tungsten, eopper, and other of Europe are closed to the United States and im materials, while industrial consum0rs of wool, rubber, ports from the United Kingdom have MILLIONS OF DOLLARS but to a lesspr degree, being smaller than imports in 300 recent months. Finally, of consi Special service s_ .. _____ . __ _ 1 7, 117 shipping space furnished the major impetus for the Governnwnt service 6 ______---·-·52, 2()3-1:::::: : : ·1.:..::.:..:..:..::.:.:_:_:_::.:..:: rising level of freight rates. Merchant fleet, grand totaL_ --' 8, 134, 890 7, 279, 19G I -855,694 Growth of Imports and Change in Shipping Supply. I I Does not include lake or rivt•r tonnage. The increasingly tight position of shipping has been 'Portugal and Spain only. 3 IncllHks Canada, Mexico, Central America, West Indies, and "-'orth Coast of the result of both demand and supply developments. South America to and including the Guianas. 4 Ships engaged in operations in foreign ports. 1 Assistance in the preparation of this article was received from Albert E. Sanderson, 'In custody of U. S. Coast Guard. Transportation Division of the Bureau of Foreign and Domestic Commerce, and from 'Loaned to the War Department. the United States Maritime Commission. Sonrcc: United States Maritime Commission. 14 SURVEY OF CTHHEYl' Bl~SIXESS c'>.pril 1941 For many ycars the American ::\Ic·rclwnt ::\I nrinc lw,.; foreig11 cotltttri!'s not only absorbed this tonnage but been inadequate to handle our import needs. FollmYing attrndt•cl most of 27G,OOO gross tons yielded by inter the ·world \Var, other nations built up tlw size and eonstal routes. efficiency of thc•ir· merchant fleets, hut AmPrican sllip ·while this radical shift in allocation increased the building languished. The proportion of our total com gross 1ormage of Anwriean-flag vessc•ls operating on meree earried in American-Hag- YC'ssels dropped stendil~~ non-European routes by 11 rwrcent, it by no mc•ims from 51 prreent in 1921, to 41 percent in 1921, 3i) p('r frec•d the vital import trade oyer these routrs from eent in 19:32, nnd to a. low of 23 pNrPnt in 10:39. How d('jWJHl('ncc· on foreign shipping. In 1939 American ever, m 10,10 this trPlH1 was l'P\'I'l'S<'d, as l'xplnined ships mowd lf.ss than one-third of the total goods below. from llOn-Eut'OJWHn countries into the United State's. MILLIONS OF GROSS TONS The tonnage incr<•as<' of 11 percent on thc•se routE's 10 by the lntt<'I' part of 1940 wns offset by the 50 perc<>nt expansion in import vohmw. HowevPr, ships on the ayerilg<\ nrn canying larger cargoes today than in tht> pn'-wnr p<•riod, mneh C'Xccss space tlwn existing having lwen Pliminatcd by the inc·reased demand. On the ot!wr hand, tlw number of trips made by the a·n·rage ~\merie1n Y<'SS!'l operating on non-European routes d!'cline 2 Table 2 shows 721,000 tons in lay~up on December 31, 1940. Since that time a large 000 and 248,000 tons scheduled to be delivered to the proportion of this has heen returned to active service. Only a few Government· ~faritime Commission and private owners respectively owned vessels are now laid up and much of the remaining idle private tonnage has heen put in service. during this year. Table 2.-0cean Freight Rates I ' 1 Percent , ,. increase Commodity From- To- 1 \"mt I July 1939 I February February FPb. 1941 , I I 1940 1 1941 from .July I I 1939 ~ c_·_·Otlce (green)------·j' Santos ------1 New York.-- - ._ 60·kilo bags_------I . tiO I . 70 I . 90 .10. 0 General cargo______~ewYork______Kobe____ 2,000lbs.or40cu.ft. ·------. 1 25.00 I 30.00 33.00 :J2.0 1\Iachincryandparts ... -~New York... Kobe______2,000lbs.or40cu.ft.. 15.00 11'.00 1 19.751 :ll.7 Lnmb<•r_ __ Portland ______I NewYork . 1 LOOOnetbd.ft.. 14.001 15.1101 11i.OII 14.:J .~ouree: Compiled by the Transportation Didsion, Bureau of Foreign and Domestic Com1nPrce, from data n•ported hy steamship eomp:_mh•s. 16 SUHVEY OF CURREN"T BUSINESS April 1941 Timing of deliveries under the emergrncy program, rate of ddi,,erios is yet available, it docs not appear however, is less certain. These ships are of simple likely that the entire 212 vessels, which will aggregate design, planned for rapid construction rathc•r than for about 1,600,000 gross tons, will be delivered in that most efficient peace-time pt•rformance. The n•ssels year. But the program \Vill undoubtedly add well will be powered with reciprocating engirH•s, as capacity onr 1,000,000 gross tons to the present schedule for for building Diesc•ls and turbirH•s is largely nbsorbPd for 1942, ·with the bnlance of deliYPries being made earl.'' other purposes. The American vessels arc to be built lll 194:;. on 51 shipways bc•ing constructed in 7 new shipyards, To 1he American construction must be added that each yard under the supervision of an established firm. of Great Britain. Though no exact knowledge is avail For the 60 British vessels, 1G rww wnys an' bPing built able concerning present British capacity nor the pro in 2 yards. portior. dc•\'Oted to mcrchnnt construction, it is thought The original sclH'clule for 200 American ships lookPd that cldin~rics of merchant tonnage in 1941 will not to tho first keels bc'ing laid in March, with launchings exceed materially those of this country. 5 months later, followc'd by delivf'rif's in anotlwr 2 Tight Position Through 1941. months. Once procluetion is in full swing nnd C'XIW rienco has been gained, the 7-month pNiod from k<'d to Tlw above estimates, even though rough, show that delivery should be cut to unclc'r ,'5 months. Approx construction this year can hardly prevent a growing imately the same timing from kec•l-lnying to dclinr.Y tightness of shipping facilities. Whether or not the is foreseen for the· British ships. Inauguration of the• situation will be cased \Vhen the substantial deliveries program in each case has been slower than anticipated; expl'etul in 1942 arc made depends upon a number so deliveries will probably begin with about 90,000 tons of fnctc•rs which nt this time nrc unpredictable. ).lean of British and only 7,500 tons of Anwricnn ships during while, t>xpnnsion of merchnnt shipbuilding is enor the fourth quarter. Table 3 tentatively summariz('S mously complicated by the huge quantity of ~ aYnl the deliveries of all merchant vessels expected in ('ach construction under way in both Britain and the 'Lnitcd quarter through 1942 on the basis of construction and State's. In this country 44G occ•nn-going naval Yessds contracts existing on ~larch 25. of more~ than 2,500,000 tons with a total cost of about $7 billion arc under contract, as well as 312 patrol craft, Table 3.-Estimated Deliveries of New Ocean Going Merchant tugs, and the like; 16() harbor and district crnft; and Shipping Tonnage in the United States During 1941 and 1942, Under Programs Existing as of March 25, 1941 1,·104 small boats. No program approaching this magnitude has l'Ycr been undertaken in this country I : : 1 ~ Regular I I I ' J\1aritimc 1 'For ! Arn(•riean I Emergency: before, construction scheduled in the peak year under Year and quarter Comtnis- I piivatP j enwrgrncy I program for T<1t:1l existing contrnets being almost as great as the total sion 1 account program t i British I 1 program 1 1 built in the 6 years from 1915 through 1921. ------~--I------1--·---i-~-- --- ·--1----·--··-·-- 1 ! I ~ As ll•.'W vessels cannot be turned out in sufficient 1941: 'I I ; ! January-March .. _. 96,1581 51l,l00 I __ ·- -1- ____ ,-.- -·- 1 1 yolumc to proYide aclequate tonnage for all demands, April-June ______·-_ 1 147,683 [ 77,900 ~------·-. - .- ·-·-- ---:- ·· - ·-- July-September ·---j 153,974 72,~00 . . ,-,- -~---- ·------[·--···--- an increasing control over the available supply is October-Deccmbt•r i-~ 8061- 44,100 j~-~~ __ 90,000 j.:_:_:_:~ probable. The ·Maritime Commission has already TotaL.______i .554, 621 I 247,800 1 7, .500 90, 000 ! 899, 921 1 Hl42 ' l i ' moved in this direction with the establishment of an Januar)-March. _ 114,245 75,050 I 31l0,000 I 90.000/.- Apnl-June. _.... _ 125. 169 51,900 270.000 \10,000 . _ Emergency Division. Shipowners and operators have July-Scptpmber _ 59, 730 47,200 300,000 90.000 ! ... _ been asked to submit for Commission approYal any Octobc•r-Decembt•r __ 69.880 _ _::.uoo ~:l_J:>:_OOO _ ____:{),~:~~- changes they wish to make in rates, chnrtering ar Total ·-- _ 1 =~=-024 =~~~~~~=~:!~~~L __!_6~~~~~~. 210;;_:~ rnngenwnts, and routes of operations. A voluntary Grand total, 1941-42 J 923, G4.o ; 513,850 1, 222, .)00 I 4;,0, 000 i 3. 1119. \J'l5 syste-m of priorities by which vital cargoes are ginn 1 37 vessels aggregating 277,500 gross tons of this program will be de'liwrcd in the first quarit•r of 1943. prderence over others has also been set up, so that the Commission, with the aid of the owners, can in effect On April 4 a very large addition to this program wns allocate tonnage as it deems necessary. announced. This is to include 212 vessels, 100 similar These controls over shipping, the most extcnsiv<' to those of the regular .Maritime Commission progrnm ever exercised by the Commission, nrc aimed at and 112 of the nc'w "Pmergency" typt>. For construc "maximum use of tonnage." They are the outgrowth tion of these vpssds 56 new shipv.ays are to be built, of n difficulty which has serious potentialities, and while approximately half being added to the enH•rg:ency tlH'Y afronl some relief, the fundamental problem shipyards and the remainder to n'gulnr yards. DcliY remains; for the basrc reqmrement in shipping, as erics under this new program arc expcctc>d to start in in many other defense lines, is for larger productive the first part of 1942. While no information on the capacity with a substantial expansion of output. April 1941 SURVEY OF CURRENT BUSINESS 17 NEW OR REVISED SERIES Table 14.-EXPORTS BY GRAND DIVISIONS AND COUNTRIES, ECONOMIC CLASSES, AND COMMODITIES-REVISED STATISTICS FOR 1939 1 I Janu- Feb- I , 1... . Au- Sep- Octo- No- De- Monthly Item ary ruary Mar<.h Apr•1 May June July gust tember ber vern- eem- Total average I ber b~r ·------~------Total, including reexports ______thous. of doL 212,911 218,715 267, 781 230, 974 249, 41)0 ~~. 16~1-229~~ 250, 102 288,956 331. 978 292,453 368,046 3, 177, lit) 264,765 By grand divisions and countries: Africa ______. __ ------______do ___ . 8, 074 8, 523 II, 560 10,10 I 8, 527 9, \l9(i 10, 268 8, >79 8, 959 10,385 8, 8i3 11,378 115, 023 9, 585 Asia and Oceania ______do ___ _ 42,445 46,388 60,560 49 263 54,161 50,001 43,875 43,360 51,392 62,880 58, 617 78,135 6!1, 077 53,423 Japan ______.. _do __ _ 17,692 17,494 23,573 !6:wI 21,394 14, 800 12,559 12, 121) 20, 072 23,519 25,243 27.563 232, 184 19,349 Europe ___ ------______do ___ _ 95,865 95,590 107, 531 88,816 98.320 85,831 88,476 113, 315 120,825 132, 090 105, 347 157, 747 1, 289, 753 107,479 France ______----- ______. ___ do. __ _ 10,815 10, 653 12, 650 12,48 I 12,909 10,818 14,912 22,302 11,926 12,680 13, 2>9 36,645 182,089 15, 174 Germany ___ ------______do __ _ 6, 292 5, 487 6, 444 4,814 o, z:l9 5, 299 5, 3:12 6,178 347 39 3 1 46,475 3, 873 Italy ______------______.. _____ do ___ _ 4, 381 4, 079 5. 020 4, 118 4,460 4, 270 3, 721 3, 027 4, 834 6, 301 6, 029 8, 623 58, 864 4, 905 United Kingdom ______t!o ___ _ 41,909 38,561 41, 536 34, 319 37,350 36,061) 33, 476 47,090 60,212 52,696 31,488 50,701 505,404 42, 117 North America, northern ______do ___ _ 27, 03li 26,296 33,138 ;)5, 055 43,433 40,408 40,315 43,061 53,066 60,852 51,292 44,219 498, 170 41,514 Canada. ______- ______do ___ _ 26,657 25,801 32, 345 34, 535 42, 486 39, 829 39,381 42, 230 52,058 59, i20 50,441 43,020 489, 103 40,759 North America, southern ______do ___ _ 20, 796 20,444 27,.579 23, 462 22, 3.57 23, 358 21,850 20,120 29,312 32,928 29,507 32,313 304,026 25,331\ Mexico ______·-- .. do ___ _ 5, 581 5, 919 7, 981 6, 320 6, 290 7, 922 5, 565 4, 606 5, 782 8, 579 8, 700 9, 926 83,177 6, 931 South America ______do ___ _ 18,695 21,474 27,414 24, 277 22,668 20, 570 24, 847 21, 8()8 25,401 32,843 38,817 44,254 329, 127 27, 427 Argentina ______.do ___ _ 3, 114 4, OG7 5, 281 4, 068 .J, 918 6, 113 li, 268 4, 1)75 4, 942 0, 989 9, 718 10,792 70,945 5, 912 BraziL ______do ___ _ 4, 968 5, 120 fi, 6G4 6, ooI .5, 410 5, I9:J 6, 242 5, 135 5, 997 8, 497 10,608 10,499 80, 345 fi, 695 Chile ______do ___ _ 1, 736 1, 480 2, 188 I, 478 1, 621 2, 651 1, 596 1, 818 2, 020 2, 667 3, ll25 3, 910 26,791 2, 233 U. S. merchandise, by economic classes: TotaL ______do ___ _ 210, 260 216, 191 2ll3, 995 227, 624 246, 119 233,465 226,740 247,412 284, 392 323,077 286, 761 357,307 3, 123, 313 260,279 Crude materials ______do. __ _ 36, 390 36, 486 39, 337 26. ow 30, 259 25,713 29, li67 36,258 ()6,{)1fj 78, 359 58,318 64,264 527, GSli 43,974 Cotton, unmanufactured ______do ___ _ 14,975 13, 732 Hl, 9.58 9, 185 7, 458 6, 157 5, 970 ll. l\34 35, 401 47, 192 30, 563 43,741 242,905 20,247 Foodstuffs, totaL ______-----· ______do ___ _ 31, WI 26, 553 27, 9()0 23, 021 26,\127 10, .522 19.728 24,326 28, 789 37, 760 22,651 24, 272 313,20[) 20, 101 Crude foodstu!Ys ______.. _do ___ _ Ill 493 11,402 12,287 9, 810 10,808 6, 02l\ 4. l\87 8, 380 7, 481 10.213 5, 386 7, 784 110, 757 9, 230 Mfd. foodstuffs and beverages ___ _rio ___ _ 14:607 15, 151 1.5, li73 1:3.811 16, IIU 13, 491l 15,041 15, 941i 21, 309 27,547 17, 265 16, 488 202.45:3 !fl. 871 Fruits and preparations ______. __ do ___ _ 7, 227 6, 404 7, 017 6, 656 5, 844 3, 524 4, 423 7,199 9, 014 13, 7i7 5, 738 4, 099 80,922 6, 743 Meats and fats ______do ___ _ 4, 59fi 4, 145 4, 724 3, 698 4, 851 4, 997 5, 221 4, 036 4, 434 4, 876 4, 057 5, 13:J 54, 7o8 ·1, 564 Wheat and flonr ______clo ___ _ 8, 204 7, 403 6, 406 5, 45! I 7, 601 4, 079 3, 846 5, 4(ll 4, 270 3, 604 3, 078 I, 978 Ill, 390 5, 116 Sernimanufacturcs __ . _------· ____ do ___ _ 35,412 34,901 4.>, 694 41, o:l3 48, 245 48. 5(\(i 45.991 53. 37(; 59,015 04, 534 63,173 75. 525 015,465 51,289 Finished manufactures ______do 107, 358 118, 252 1.51, 004 136, 95: l 140, l\88 13\1,664 131.353 133, 452 129,969 142. 423 142,619 193.246 1, 600,982 138,915 Autos and parts______do_ 21, 39{i 25, 297 28, 502 24. 921 23, 75:J 20. 3k7 18. 520 14, sn:J 12,457 18,900 19. 870 24, s2n 253, 722 21.144 Gasoline______do ___ _ 7, 449 (i, :l83 8, :J78 6, 81:l ](), 3:38 9, 45:1 7, fi28 8, 748 9, 728 9, 256 7.. 524 9, 6:18 101, 3:lfi 8, 445 Machinery ______do_ 31, 218 :34, tll61 49.393 4:3, !J04 44, :l\18 42, WI 43, fi56 43. o2:l 40, 143 42, 257 38, 583 48, 100 502, 081 41. 840 By individual commodities: Airpianf's ______number __ 54\ 71ll 95 6") 106 117 104 138 63 43 62 294 102 Automohiles assembled, totaL ______do ___ _ 23,958 27,3491 30.047 27,087 25, 220 21.531 19,183 11, [,92 7, 8:l4 18,140 19.676 22, 688 254,305I, 2201 21,192 Passf'np:er cars. ______do ___ _ 15, 1261 Hl, !931 17,983 16, 213 14, 4:l0 10,521 8, 375 3, 98.5 4, 49:l 9, 461 10,678 II, 88.5 139.343 11,612 Trucks ______do ___ _ 10,790 11, ll!O 10. 808 7. 607 :3, 3;1 8, 079 8, 998 10,803 114, 9ti2 9, 580 Boots, shoes. and slippers ____ thous. of pairs __ 8, i~~~ 11, :s~~ 12. ~~6~ 10, ~~t3 204 lifl 184 234 205 !69 426 161 2. 5Hi 216 Cignrcttes ______thousands __ 451, 1941623.8891562. 2251 42·1. 85-I 5!13, 218 691, 696 641.931 7H, 576: 433,967 422.516 507, 719 6, 7tl0, 639 5li3, 387 Coal: 592.8bll Anthracite ... ______thous. of long tons __ 165 1541 14:3 13- 336 !Yt 160 !3G 400 251 12() 104 2, 313 w~ Bituminous ______do __ _ II 250 9841 I. 192 I, 20il 1. 525 1, 746 I. 715 614 10,349 862 Coke______do __ _ 2~~ 2~~ I 3i~ 2n 37 43 39 66 95 71 52 37 527 44 Copper, refined and manufactun•s I short tons 25, 4671 23 807 27, 3ii4 28, 162 36,303 3fJ, 3501 :n, ws 45, 840 35, 696 26.806 41,049 62, 505 427,.517 35, 626 Cotton (excluding linters) ______bales_ 289, .o!4 26:3,922 330,070 178. 22c 142, 577 113. 634 ]()f), 531 214,541 614,328 885, 182 583.M'> 806,720 4, .558, 888 379,907 Cotton cloth______thous. of sq. yd __ 20,768 27,618 33, 135 29,726·I 23,980 2(), 982 '28, 674 21,878 30.023 40. 494 35, 559 37.899 356, 7:l6 29, 72~ Cottonseed cakc and meai__ ___ ,_short tons 408 189 389 506 81 124 46 675 I. 318 2. 33;i 1.403 343 7. 817 651 Fertilizers. total. __ .. ______long tons 85, .>17 85, o9.o 121.378 136, :12s 1·18.0\15 136,016 !51, 800 1-tl. 171 12:3,7021112,699 79, 270 66, 079 1, 390, 210 115,8.53 Nitrogenous ______------___ .do ___ _ 11,317 15, 6451 6, 67-l 5. 305 12, 142 12, 6!\.5 8 067 26.618 27. 1571 18, ~)74 7, 538 13,803 165.955 13, S:JO Phosphate materials ______r\o ___ _ 71, 020 66, i32 9.5, 72:3 123, 270 112. 773 105,934 137, 446 106,607 76, !)041 78.418 5.5,009 43,174 1,07:l.310 89, 44:l Prepared fertilizers ______<}o __ 83 340 47() 343 268 447 349 697 I. 921 486 489 6, 201 518 Gold ______thous. 0fdoL 81 151 53 231 3~~1 !9 9 13 15 15 10 11 .50R 42 Grains, incl. flour and meaL __ thous. of bu __ 20. 46.5 15, 521 15,135 11,418 16,372 7, 3o:Ji 8, 245 10,830 8, 372 11, 281 5. 709 8, 374 !39. asol 11,61.5 Barley, includingnmlt ______do ___ _ 49:l 724 436 124 614 265 713 71)9! 9091 !.53 399 5. 747 479 Corn, inrluding meaL ______do ___ _ 7. 248 2•. 7211 3. 798 1, 66: l I. 207 2061267 1)08 1, 121 1, 8551 5, 580. 1. 266 5, 321 32. 6fi01 2, 722 Oats, including oatmeaL ______do ___ _ lG-1 130 114 112 61 1!3 101 {)! 133 162' 117 81 1. 269 106 Hyc, including flonr ______do ·-- 0 (2) (') (2) (2) (2) 0 (2) I II 0 85 ~6 7 \VIwat, including flour.~ ______do __ _ H,4X\i fi, 797 8, 935 4,173 2,485 8. 302 r>'· •.-1 " 5, 675 4, 6291 99, 62:ll Wheat only ______do ___ iG: gl~ I~;~~~~ l ~: ~~~~~ ~:~isI 10,672 3. 929 3.019 5, 903 2,s:~GI 1,7o! 1, 452 507 6:l, 214 5, 268 Wheat fi ' See footnote 1 on p. 18. ' Less than 500 bushels. 302601-41-3 18 SURVEY OF CURRENT BFSINESS Aprill\lH Table 15.-IMPORTS BY GRAND DIVISIONS AND COUNTRIES, ECONOMIC CLASSES, AND COMMODITIES-REVISED STATISTICS FOR 1939 1 1 i I i i · 1 1' No- De- Item : Janu-[ F<'b- 1 Mal'<·hl i\pril May June Au- , Sep- Octo- !Uonthly ! ary , mary , I July gust : t<>mber: b<>r : Total A w1·age i • v:;~- 1 c:;~;- 1___ 1 _____ : ___ : ___ ------_____ !___ :___ :___ --- ,___ ---- i ' I General imports, totaL ______thous. of doL_ i 17X, 246i 1.18, 07:!i lHO. 4SJ: lbli, >IOO• :::n:? . .tU::I 11~. btlti HiR, 010[ 175, G2::1' 2. 318,1181 I 1 1 n:~f:i~~~-~~~~s_i~~~~~~-~~~~-t~~~~~-- __ do ____ ! ~{. 74-tf H, i;s:2: ~. :)71· ~. ti.toil 4, 4UDI 0, 102~ 'l 'l4'' 5. 220 9. 037; JO, o:10 IG. 1:32 1;, 394 4~· ~~~ i 57, cltli'! 5:), 3ti:J: fl4, :{ti2' Iii: 4~0! 1\4,2141 77, 7/\J, 91,1105 72fi. 2X7 (',1), .521 AJ-i:v~~~c~-~-c~~~l~~~= ~=== ~= ~=------: =~1~~-- i1: ~~6i ;: ~uu: ti~!; ~tf~\ ~?): ~;~~~ ~.~.i~.~:. ·?~11~;: ]], 2011 8. 7l!li 13, Jt;S 19, 520; 20,4W 18,98.5 18. 9lfj: 1Gl. 212 1:1,434 1 Europe______(}o___ .51,:WOI 47,ti~7! 52.23-t' 57,07H ,, _ -t 45. ti();) 4~. lll~j 47, US3: 41,532, 53, b:~5 60, 331 57, 2:39 I 611, 16G 5Lno :FrancC'.______do____ -l.l\\t2i 5,2:{-t: fl,l..i~,2' .5.411 7.123 4. 900 ;), 14;) 5, 71:): 3, 851i 2. 994' 1\, 2g:) 5, 32,0 '. tl2. 35~ .~. 197 German)------._do ___ ! 5,23:): 4,727i .1,Hi-l' 1:tVOfi :?.:--~.5 ~l. :149: 3. \J/fi: 3, i\)/~ ], ~15 1, 5.57 2. 650 :3, :Js:; : {l2, 448 4, 371 Italy______do_ :1, 2titi! 2, till~ 3, U7ti :~. 2"'~1 :-;. :2'<10 :2. 70.~ 2. 21J4i 2. o~o: 2.401 5. 12:1' 4, 9G4 ;J, sus' a~. u22 :J, 3~7 lTnitC'dKingdom______do ____ i 11,:\21 10.11\12! 11,\li:!'· 11.57::-;\ l.J.l\!0 11,\Hi:{ l1,Q1,ij: 10, UUli 10, 8,\:l, 14, .\88 13, 591 HtJ, 4ll 12,451 North America, northern_ ___ do_ I 25.~un: 20,:100i 2:1.r,:lu, :W.1~;-..· :.?:). ?\J7 2ti, H.l:-..· 2U, 988i ~ii, (il:'J: 34, 145. 4U.nG Jti.ll!4 i :H\J.25fi 29, JO,) 1 ~1: ~:~ Canada______. _do.. 24,VK1: <)0 1:30, 2:1.12."'1 25.ti\lli :?~.270· :z:;, tl.12! 25. 970i :J:J. Oil7i au, b27 :H,b27 :l2,1ll2 3:)\J, H5fi 2.'- :no 1 ig• ~~;;I Korth America. southern ____ " "" ' Compiled by the U.S. Department of Commerce, Bureau of FoTfign and l!onustk Com Ill (fCC. Drcta in thl' aboYc table and in table 14, p. 17, represent the final rHisions for the year 1939 of all import and export St'ries (with the exception of iron an'! steel products) whi··h apjlf'arcd in the 1940 Supplement ami monthly issues of the :3urwy. All series haYe not heen revised, but the complete tabulation is pre~Pnted hNe for the conYeni(•nce of users of the statistics. Iron and steel (•xports and imports for 193\J will be revised at a later date. 2 Less than 500 bushels. April 1!141 SURVEY OF CURRENT BUSINES8 19 Monthly Business Statistics The data here are a continuation of the statistics published in the 19,10 Supplement to the SURVEY OF CuRRENT BusrNESS. That volume contains monthly data for the years 1936 to 1939, and monthly averages for earlier years back to 1913 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1936. Series added or revised since publication of the 1940 Supplement arc indicated by an asterisk (*) and a dagger (t), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The term "unadjusted" and "adjusted" used to designate index numbers refer to adjustment of monthly figures for seasonal variations. Data subsequent to February for selected series \Yill be found in the ·weekly Supplement to the Survey. Monthly statistics through December 1939, to 1941 Hl40 1194:_ gether with exp]anatory notes and references to the sources of the data, may be found in the Febru Sep- b N"oYem-1 Decem· Janu- July I August i 0 10 I I 1940 Supplement to the Survey ary tember 1 c er , ber ber \ ary I BUSINESS INDEXES I INCOME PAYMENTS! I I I Indexes. adjusted: I I Total income payments ______lf./2U=1UO I' ~Hl. Ul. 7 s 89. 7 88.4 8K2 88. (i 88.71 89.31 90.5 ! 92. 5 I I '95. 8 i r ~Hi. ti Saiaries and wages ______.. __ do __ _ v 9S. 7 87. 5 87.0 86.2 87. 3 87-9 I 88.8 I 90.4 91.5 U2 '' ' ~i: ~ I , 97.2 I r 97.8 Total nonagricultural income ______do __ v B7. ~ 89.6 89.3 88.7 8\l. 8 90- i 91.1 ' 92.3 va. o 94. 7 T 9G. 9 '97. 3 TotaL ___ .. _.mil. of dol ,, fi, 148 5, () 4 5, 987 5, 965 5, G89 G,288 I u, 103 5, 7Ul 6, 407 G~~~f i 6, 240 • 7. 390 I r fi, 525 Salaries and wages: ! 'fotaL______do_ p -1,245 3. 7-12 3, 784 3, 784 3,838 3, 871 I a, 7fitj 3,841 4, 030 4, 1781 4,169 '4, 290 '4, 200 Commodity-producing industries_ do_ I p l, G70 I, :339 I, 352 l, 356 I 391 I, 419 I 423 1, 562 l,GU·l 1, 5H7 I, 'I. G42 I 'I, 614 Distributive industries____ _do p !);3~ 882 900 900 'uo:s 915 '923 0~~ (140 UGa 9.58 '1. 004 949 Service industries__ _do __ v ~W'2 845 845 845 SM XtiO ~.54 B59 ~li7 882 I 888 !!110 890 p 6'2:3 536 539 540 M8 fi57 452 455 550 tjoz I 609 '!i20 T 616 ~~~~~?f-~~n~f~:ages-- _:~~:t~-- :1 p 1'2'2 148 113 137 120 114 ]l'j Ill 117 '124 140 I 1271 '131 Direct and other relieL ____ do ___ _I v bV 95 94 92 89 86 87 87 84 86 86 '88 '89 Social-security beneflts and other ~abor in- i come______rml.ofdo!__,l p 150 151 I 15.) !52 ltiG l()fi lt)7 104 150 144 145 !55 Dividends and interest ______do ___ _ p 443 447 820 799 472 1,050 901 485 897 !!~ I 494 I, 573 811 Entrepr~nenrial income and net r~nts and I royalltee... ______m!l.of Monthly statistics through December 1939, to-,1941 1940 i 1941 gether with explanatory notes and references ---I---,------,----,----;----.----;-----,----,------,---,------to the sources of the data, may be found in the Febru- Febru·J March April May .rune July August Sep· October Novem-1 Janu- 1940 Supplement to the Survey ary ary " I I I I I I tember I I ber Decem-~'ber ary ~----~----~----~----~----~----~---- BUSINESS INDEXES--Continued INDUSTRIAL PRODUCTIONt-Contd. I I Unadjusted-Continued. Minerals ..•...... ___ .. 1935-39~ 100 p 115 112 110 Ill 118 118 121 117 124 122 119 114 '113 Fuels*------do ..• p 119 116 114 113 113 Ill Ill 109 115 112 115 116 ' 117 Anthracite._._._. __ ...... do .... p 112 86 86 89 90 104 101 83 100 97 96 112 114 Bituminous coaL.------..... do ..•. p 133 121 104 100 102 100 106 111 124 110 128 127 130 Crude petroleum ...... do .... p 114 117 121 121 119 116 114 111 114 114 Ill 111 111 Metals*._ ...... _.. do .... p 92 89 87 95 148 161 179 164 171 184 147 102 '91 Copper* ______...... •. do .... p 154 142 144 150 141 140 133 135 136 146 147 146 145 Lead ...... _...... do .... 116 115 119 122 116 112 114 112 117 114 118 116 Zinc ...... _...... do .... 142 132 130 127 119 116 121 118 127 131 135 139 137 Adjusted: Combined index....•...... •. do .... p 141 116 113 Ill 115 121 121 121 125 129 132 138 139 Manufactures...... do ... _ p 145 116 112 llO ll4 122 121 122 127 131 135 142 143 Durable manufactures ...... do .... p 172 124 ll8 113 119 131 132 135 146 150 154 164 170 Iron and steeL ...... •.do .... p 168 ll8 106 99 118 154 156 158 164 165 166 181 174 Lumber and products• ...... do ... p 135 ll4 111 110 ll2 111 107 114 121 123 127 132 r 137 Furniture* ______do __ -- p 131 113 ll2 lll 11.5 ll:l 115 115 121 122 125 128 132 Lumber* ____ ...•...... ____ ..... do .... p 135 ll4 110 109 llO 110 104 113 121 124 128 133 '139 Machinery* ...... __ ..... _...... do .... p 176 123 123 123 124 128 133 138 145 146 152 163 r 173 Nonferrous metals* ______do ____ p !84 H2 132 124 12i 130 138 146 153 164 169 177 181 Stone, clay, and glass products* ... do ... p 158 ll3 120 115 113 ll2 115 119 '124 126 130 'i40 , 154 Cement ... ____ .. __ .. _------.... do 183 106 117 ll5 115 11:3 110 11.5 125 133 140 155 181 Common and face brick* .. __ ...do 96 106 108 109 118 117 129 131 126 135 147 ------Glass containers* __ ...... do 131 118 124 116 112 111 117 114 '116 '115 '114 '119 '123 Polished plate glass ...... ______do 138 ll2 105 96 91 80 100 114 118 111 113 117 137 Transportation equipment* ...... do p 200 138 132 117 117 122 111 107 138 157 162 168 '188 Aircraft* ____ .. _...... __ .do_ ... 741 283 299 306 323 3M 394 455 517 544 584 624 '685 Automobiles. ____ .. ___ .------.do .... p 159 129 120 103 101 lOll 87 76 109 130 133 134 149 Locomotives• __ ...... ______do .... p 224 101 101 103 102 102 113 123 140 160 168 174 204 Railroad cars•. ______do .... p 190 158 149 12.) 121 111 119 127 148 148 166 177 '204 Shipbuilding• ______.... ______do_ ... p 315 150 156 156 164 170 189 213 220 227 226 261 '289 Nondurable manufactures ...... do ____ p 12:1 110 106 107 110 114 112 112 112 116 119 123 121 Alcoholic beverages* .... _ ...... do ... _ 108 97 97 104 100 11:1 108 91 103 103 96 101 105 Chemicals*._. ______.. _._ ...... do .... p 124 111 109 lll 114 llt\ 117 115 114 116 117 121 123 Leather and products._ ...... do .... p 107 '99 '94 r 87 '86 91\ 94 '97 95 '97 107 108 ' 107 Shoes•. ___ ----······· ...... do .... p 111 •101 r 95 '87 '88 '101 'iOl '101 99 99 112 'il3 '110 Manufactured food products* .... do_ ... p 118 113 112 111 111 115 llO 114 109 117 116 120 '115 Dairy products*-.. __ ...... do .... p 114 115 112 112 106 Ill 113 109 109 111 109 112 116 Meat packing ... _ ...... do .... p 126 129 128 117 117 121\ 116 119 121 127 133 134 114 Paper and products• ...... do ..... 114 110 116 127 132 130 124 120 122 125 130 '129 Paper and pulp*_ ... _ ... __ .... do .... 114 110 117 128 132 130 123 118 121 124 131 129 Petroleum and coal products* ___ do .... 116 118 115 ll4 115 112 113 116 116 118 120 '121 Coke* ___ ...... __ ...... do .... 148 123 118 119 123 132 139 139 142 144 146 147 148 Petroleum refining ...... do .... ------115 117 114 113 112 108 109 112 112 114 116 117 Printing and publishing* ...... do ____ 108 106 108 11.5 120 114 110 108 109 110 112 '111 Rubber products• ____ --······ ....do .... 150 119 116 115 117 115 106 109 119 120 126 138 138 Textiles and products ____ ...... do .... ,, 134 108 100 100 104 107 113 113 116 123 134 140 134 Cotton consumption• .. -·-·· ... do .... p 142 115 lOS 107 109 114 121 124 120 126 135 145 138 Rayon deliveries* ...... do .... p 146 143 139 137 142 lH 137 127 120 129 146 155 , 154 Silk deliveries• _ .. _ ...... __ .. __ do .... p 66 64 64 61 58 51) 57 61 65 71 77 74 69 Wool textile production• ...... do .... v 136 93 77 79 87 8!) 100 106 123 132 142 142 134 Tobacco products ...... do .... 116 106 103 111 110 115 103 106 108 115 113 114 113 Minerals._ ...... _.... _...... _... do .... v ll~ 114 117 119 117 118 120 '114 116 113 117 118 '118 Fuels* ______.do .... p 114 112 114 116 114 116 117 112 114 109 113 113 '114 Anthracite ______...... ___ .. __ do .... p 102 78 84 83 82 11:1 129 112 105 91 94 105 98 Bituminous coaL ______do .... p 114 103 109 120 120 116 121 121 119 98 112 115 lll Crn New orders, totaL ...... Jan. 1939=100 .. -- p 186 101 106 110 121 133 127 130 164 172 171 172 f' 176 Durable goods._ .... ____ ...... do .... p 273 103 112 liB 141 157 159 163 211 235 237 252 '246 Electrical machinery ...... do __ . •311 129 129 131 141 168 190 208 228 253 258 294 ,. 2.57 Iron and steel and their products ..... do .. -- p 294 81 101 104 14.5 161 151 140 199 211 214 216 ,. 256 Other machinery ____ ...... do __ .. p 277 119 125 133 141 15\l 154 167 212 231 209 267 '238 Other durable goods ..... __ ...... do .. -- p 218 115 113 123 13.) 144 162 179 225 269 292 282 '231 p 130 99 101 105 109 118 107 108 133 131 129 120 '132 p 158 119 121 120 123 126 117 124 145 146 148 152 148 Sh~~:~~:~~~~t:s:.:••::::::::::::::::::~g•::• p 188 129 131 133 136 140 127 129 158 167 172 184 r 175 ______do ___ . A utornobiles and equipment.. p 1G4 122 124 127 118 107 7.) 41 100 148 v;s 161 155 Electrical machinery._ ...... do .... p 205 130 133 142 147 153 137 143 161 159 178 200 '181 Iron and steel and their products ..... do .... p 198 133 126 121 133 152 146 163 180 175 176 195 '190 Transportation equipment (except auto- mobilesl...... Jan. 1939~100 .. p 291 188 228 235 197 180 188 211 244 234 261 336 268 Otlw.r machinery ...... do .... 1 p 204 132 142 151 155 157 147 149 165 162 170 193 '181 Other durable goods ...... •...... do ..•. p 216 122 123 129 138 137 132 147 171 173 172 167 '163 Nondurable ¥oods _____ ...... do .... p 132 110 112 108 111 114 109 119 134 128 127 123 '12·1 Chemicals and allied products ...... do .... p 146 108 111 115 121 121 110 116 138 129 130 124 '142 Food and kindred products ...... do .... p 119 106 111 107 111 114 108! 113 131 122 120 112 114 Paper and allied products ...... do .... p 148 119 119 124 137 142 129 137 133 134 146 I '142 Petroleum refining ...... do .... p 110 101 108 106 108 112 1351103 103 111 107 112 101 I '110 Rubber produc-ts ...... do .... p 159 116 123 130 135 159 122 130 147 163 164 169 I r 158 Textile-mill products ___ . ____ ---· ..... do .... p 1.53 108 ------·------92 93 113 136 142 141 140 Other nondurable goods...... do .... p 133 130 133 113 105 103 107 147 147 132 130 . g~ i ll4 ,. Revised. P Pre1in1innry. tRevised series. Revised indexes of industrial production heginning 1919 (1923 for industrial groups anrl industries), including the new series, are available on pp. 12-17 of the August 1940 Survey, except for subsequent 1939 revisions for aircraft on p. 19 of the Dccembe1 1940 Survey, and for rayon deliveries, total manufactures (unadjusted), and durable manufactures (unadjusted) on p. 20 of the Marclll941 Survey; a few minor revisions in 193') 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 "t". For indexes of manufaeturers' orders and shipments beginning January 1939. see monthly Surveys beginning with the September 1940 issue (description of data and figures for January-Jum 193\1 are available on pp. 7-13 of that issue except for revisions given in note marked with an"*" on p. 20 of the November 1940 Survey). April 1H41 SURVEY OF CURRENT BUSINESS 21 Monthly statistics through December 1939. to• 1941 gether with explanatory notes and references 11941 I 1940 to the sources of the d~ta, may be found in the Sep· II October Novem-1' Decem- Janu- . Febru- Febru- i. March I April II May I June I. July I August I I 1940 Supplement to the Survey ! ary ary i i , : tem ber ber ber 1 ary BUSINESS INDEXES-Continued MANUFAC TURER8' ORDEJt~, \'lJIIP- MENTS, A ND INVENTORIES*-Con. Tnventorics, tot ai...... Dec. 31, 1938=100. p 121.4 110.0 109.8 108. 9 109.1 108.6 109.2 110.9 112.2 114.4 116. 5 119.3 '120. 8 Durable vood s ...... do._ .. p 131.2 112.8 112. 6 111.5 112.1 111.8 111.9 115.4 118.4 121.2 124.1 127.9 '129. 7 Automobil es and equipment...... do ____ p l:l5. 3 116. 3 112.7 109.1 105.9 9o. 9 sr.. 6 112.3 128.7 130.6 130.7 134.7 '134. 3 Electrical m achinery_ ...... do .. __ p 148.6 111.7 114.5 114.9 1Hi..5 11;), f) 115.6 llfi. 5 116.7 122. l 121\.8 133.9 '140. 4 Iron and steel and their products..... do .... p 127.0 111.8 111. 1 110.8 113.6 110. ;; 119. I 120. I 121. I 123.8 126.9 129.4 '128. 5 Transportation equipment (except auto· mobiles) ______Dec. 31, 1938=100 .. p 320. 3 167.0 1115.6 160.4 164.9 174. 4 185.2 194.7 207.8 228.8 251.9 271. 1 '297.1 Other mach incry...... do ____ p 128.0 111.9 112.4 Ito. 9 110. 6 110.0 110.8 l!O. 7 112.2 114.8 117.6 122. 1 '125. 6 Other dura hie goods ...... do .. __ p 110. 8 107.8 108.7 107.8 107.0 lOll. 7 10.\. 7 104.5 104.1 104.9 lOS. 9 108.3 '110. 2 Nondurable g oods ..... _...... ____ ...... do .. _ p 110. 9 107.0 too. 8 106.2 105.8 10.5. 2 106. 4 106.0 105. 5 107. 1 108.5 110. 1 '111. 2 Chemicals and allied products ...... do ____ p 114. !\ 109.8 Ill. I Ill. 5 Ill. I 111. 3 lll.i l12. 4 llO. 7 JlO. I 110. 5 ll4. 1 '114. 2 Food and k indred products ... ______do __ . p 104.3 102.5 100.5 98.4 97. s fl7. 1 100.6 101.7 99.8 101.0 104.6 107.0 '105. 8 Pn.p{'r and allied products ______do ____ l p 111.8 107.1 108. 0 !On. 6 104. g 10·1.0 104. 5 107. 1 108.4 110.3 110.7 112.8 '1!1. 8 Petroleum refining ______.. ___ ..... do .. __ p ~li. () 93.8 94. 5 9.o. !\ 97. 1 Dfi. 3 I 98.3 I 98.3 99.0 98.7 97.7 98.5 '98.4 Rubber pro v 137. I 118.1 I 119. 6 120.7 122.2 llll. 7 ' 120 ..> I 124.0 124. (\ 124.4 126.6 '131. 4 i ______, _____ I 125. 51 Textile-mil1 ~~~~1lct;;:::: ::::::::::: :g~:: ::I p 121.3 112.4 --- liS. s i 114.9 I 115.0 119. 9 121.4 \19. o I '119. 7 Other noiH lurable goods ..... __ --- .. _.do .. --1 p llO. 3 ws.s I 107.3·: JO(i, 0 w.o. 104. fi ' n~:ll 100.8 100.3 103.2 104.2 106.7 111.7 I I i ·------·- - COMMODITY PRICES COST OF LIVING r---~--- National Industrial Conference Board: -,,o~ 7------:.7----::~---~5. s ~--~-~-~--= Combined indext ______.1923= 100. 86.1 8\. 1 84.R I 8S.O s.o. 2 8.1. 5 Clothing ______flo_ .. __ 73. 1 i3.2 73.2! 73.2 73.1 73. 1 m1 731 731 n11 730 730 Foodt ______.... ______... ____ .. do ___ 78.8 77. 8 i6. g I 77. 4 i8. 1 79. I 78. 4 78. 2 ii. 4 77. 2 I 78. 3 78. 7 86.4 Bl1. 0 85. S 8.5. 4 84. I 81.2 fr~~~{s~~l!i~ht_~:: :::::::::::::::::::~~-:: i 87.7 Rft. 6 86. 6 Sfl. 7 Sf\. 7 86.8 ~t.:~ ~i:~ ~~-~ ~n 1 ~~-~ ~~-~ 8 98. I 96. g 9o. 9 1 97. o 9i. 0 97.0 u. s ';';~~~er~mrnt ;,rt;\h'or:'------·--.do.-·-i 98 2 98. 1 98: I 98: i I' 98: 1 98: 1 Combined index* ______..... 1935-39= 100_ --.1 100.8 gg s II 100 ..o i 100. 4 100.2 100. I 100. 7 100. 7 Clothing* ___ ... ______. ______. ______do __ _ 99.9 102.0 101.7 101. 6 101. 6 101.0 101.6 100.2 Foodt ______. _____ do_. __ ' 97.9 9.o. 11 98.3 97. 2 Ill). 2 95. 9 1 ' 97. 3 97. S Fuel, electricity, and ice* .. ____ .. ____ do __ --~ 100.9 100.6 98.6 :::::::: I 99.3 99.9 100.31100.7 '101.1 HonsC'furnishings* ______do ___ _ 100.1 100.. o 100.1 100.3 100.4 100.6 100.4 99.8 Rent* ______do ___ _ JO.o.t 104 ..5 104.11 I 104. 7 104. 7 104. 7 104.9 105. 0 Miscellaneous• ______...... do. __ .I 101.9 100.8 100.6 1 101.4 101. r. 101. 1 101. s , 101. 9 I PRICES RECEIVED BY FARMERS§ . U. S. Department of Agriculture: Combine. 6 76. 2 77.0 83.2 foods ...... , ______l926=100 .. 1 84.4 83.2 82.9 82.5 82.5 82.2 82.3182.0 82.3 83.5 84.1 84.1 84.3 99.6 n~;~i~~ga:;'da~rr~a~s:::::: ::::::::::~~::::1 ~U ~n ~U ~~: ~ ~~: g ~~: ~ ~g: { gu ~g: ~ ~l: ~ ~g: ~ ~n 91.3 90.8 ll8.4 cf~~~~~~¥a~d:i~1i~d:~~~~~i~i;;_:~JL::j ~~H ~H ~U ~U ?H ~H ~H ~~:~ ~~U ~~U ~!U ~~U 78.6 Chemicalst------··---.-·------do .... \ 8.5.7 8!i.3 R!i.1 85.0 8.5.1 85.1 84.9 84.8 R4.8 85.0 8.1.1 85.4 85.6 Dru~sandpharmaceuttcalst ..... do____ 96.9 81.3 81.4 81.8 82.0 s 2_. 2J 9S.9 96.2 96.0 95.8 9.5.9 96.2 96.5 Fertilizermaterialsf______do.... 70.4 71.0 70.6 70.7 70.8 67 4 67.3 68.0 68.1 68.1 69.9 70.0 70.7 'Revised. v Preliminary. • ~umber of quotations increased to 887 in recent months. tFor monthly data beginning 1933, seep. 18 of the April 1940 Survey. §Data for Mar. IS, 1941: Total, 103; chickens and eggs, 90; cotton and cottonseed, 82; dairy products, 118; fruits, 83; grains, 84; meat animals, 129; truck crops, l:J4; misecl laneous, 91. ,covers 38 cities in March, 3i in June, September, and October, 36 in November, and 35 be~inning in December; data now available monthly for coal-burning season. tRevised series. National Industrial Conference Board's 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 lor chemicals and allied products and subgroups revised beginning 1926; Set' table 32, p. 18 of the August 19•10 Survpy, •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. For indexes of manufacturers' inventories beginning January 1939, see monthly Surveys beginning witb the September 1940 issue (description of data and figures for January-June 1939 arc available on pp. 7-13 of that issue except for revisions given in note marked with an"*" on p. 21 of the November 1940 Survey). Earlier data lor the Department of Labor's cost of living series will be shown in a subsequent issue. 22 SURVEY OF CURRENT BUSINESS .\pril l!Hl Monthly statistics through December 1939, to- I 1941 I H140 I 19-U gether with explanatory notes and references ·~--- I 1 ' -,-~---..,-~---..,-~---,~------,--~----.,--- to the sources of the data, may be found in the Febru- Febru- March II April I J\Iay i ,'nne I July August Sep- Octo her Novem- Decem- Janu- 1940 Supplement to the Survey ary ary , tember , b~r , _b_er___ a_r_r_ I i , 1 1 COMMODITY PRICES-Continued I WHOLESALE PRICES-Continued I I I I U.S. Department of Labor indexes-Con. \ I I Commodities other than farm products and 1 foods-Continued. \' I I 71.71 71.0 I. Fuel and lighting materials,., .. ,I926=I00., 72. I 72.411 72.2 11. s I 71. ·I 11. I I 71. I 71.6 71.9 71.7 ! 72. I 78.2 77. I i 76.0 73.9 74.2 I 73.3 i 72.4 73.5 71.7 73.3 n.4 ~~;ct~i~ity:: :::::::::::::::::::::::~~::::I. 82. 1 84.4 87.4 88.2 84.5 84.8 82.4 78.2 ' 77. 5 o 1 80.51 Petroleum products" __ ...... , .. do.,., I 50.0 ~6~1 ~K! 50.4 I 50.7 50.0 49.5 49.2 49.0 49.3 49. 5 I 50.0 Hides and leather products .... , __ .,do .. .. I01.6 102:4 I I01.8 IOI. 81 IOI. 3 99.2 99.0 96.9 98.348.91 I00.4 I02. 31 102.3 ' 102.4 Hides and skins .... ____ ...... ____ .. do ... . 94.8 97.0 9l. 3 94.8 92.2 81.9 84. () 77.I 84.0 93.8 !01. 2 99.3 99. I 93,6 I 94. 5 94.2 93.5 93.21 92.4 91.4 88.3 88.9 90.9 9~. 2 94.1 94.4 ~~~~~e: :::::::::::::: ...... ,: :::: ':~g::::! I07.4 108.2 IOS.4 I08. 2 I07. g I07.!! I07. 0 107.0 107.0 . I07.0 101. I 1 107.4 House-furnishing goods ...... , "do .... 1 89. I 88.0 88.0 . 88.4 88.5 88.5 88.5 I 88.5 88.6 88.6 ' ~~u! 89.0 Furnishings , ...... , ... _,do .. .. 1 95.3 94.2 94.2 9·!.8 94.9 94.8 94.8 95.0 95. o . 95.1 i 95.2 Furniture, ___ , ______, ______do .... j 1 94.51 1: 82. () 81.5 81.51 81.9 81.9 81.7 81.8 81.8 ~~j81.8 81.8 81.8 1 82.2 82.6 Metals and metal products ______do,.,_l' 97.6 95.3 95. 5 94.5 91.5 94.7 95.1 94.9 95.4 97.3 97.6 I 97.6 97.7 Iron and steel ______, ______,do, __ _ 95.5 9n. 3 96.4 94.3 94.2 94.3 94.6 94.8 94.9 94.9 95.3 ' 95.4 95.7 Metals, nonferrous, ____ , ______.. do __ --~ 84.0 79.2 80.3 81.2 80.8 79.1 80.7 83.6 83.9 i 83.4 83.6 Plumbing and heating equipment .. do. ___ 82.2 80.9 80.6 80.fi 80.5 80.5 80. 51 80.5 80.5 I so. 5 80.5 Textile products., ___ ,_, ______,, __ do, ... 76.4 72.9 72. g 72. f, 72.4 72.3 72.5 73.6 74. 5 i 74.8 75.2 Clothing ___ " ___ ... _, ____ .,_,_,, .. ,do,, .. 87.2 R4.~u 9 85.~HI· I 84.7 85.0 85.3 85.3 I 85.6 85.6 85.7 85.7 1 85. 5 ' 86.6 Cotton goods, ______,., ___ ,do, 77.5 73. 6 71.8 70.2 ()9.4 &8. 4 68.8 ' 68.6 69.2 ' 71.5 73.6 1 74,9 I 75.8 60.3 1\4.5 62,2 61.7 61.3 61.6 61.5 I 61.5 61.4 I 61.4 61.51 60. 7 59.9 ~~~~~~ -~n~- ~-~~~:~ea~:: __ _ __ ~g ::: \ 29.5 z9. 5 29. 5 1 29.5 29.5 29. e. 1 29 ..5 29.5 29.5 i 29.5 29.5 29.5 29.5 1 43.3 51.6 49.9 ! 45.4 47. o I 4n.I I 43.3 43.0 42. s I 44.7 42.8 ' 42.5 42. 5 91.2 83.4 83. g 84.2 i 89.0 89.2 ~~ ~;1tin -anct-wors!e-ci -iood.s:::: •:: •-~~g :::I ~7.2 8-U i 83.8 83.7 II 83. 7 86.3 88.81 Miscellaneous ., .. ___ , _, .. , ______,,do" __ 76.9 77. 7 77. 7 77.3 77.7 76.7 76.5 i 76.9 77.5 77.3 77. 1 Automobile tires and tubes, __ --- .. do,,., 1I 58.2 1 5S. 0 ,,8_ 0 58.2 ' 58.8 58.8 58.8 ' 58.8 58. 3 58.2 ~;: ~ I ~~: (; I~ 91. j I Paper and pulp __ , ______, .. , .. ,do,,_, 93.3 89. 5 89.0 89.5 90.7 93.5 93.5 93.21 93.2 93.158.61• 93. I ' 93.1 Wholesale priers, actual. (See under respective I commodities.) I PURCHASI~g[L~~ER OF THE I I 1 I I I I Wholesah• prices ___ , ______I923-25=100 __ I2s.o 12s.o 1 128 ..5 I 128.I: I28.5 )29.9[ I29.. 6 · I3o.l I29. 1 l 128.0 125. 61 125.9 I24. 7 Retail food prircst, ____ , ____ , ______do ..... 129.2 I30. g i I32. 3 ' I3l. 6 I Il3409 .. 49 I ; 28. 7 129 91 I31. 4 130.21 I31. 6 131.9 130.0 129. 4 151. 5 148,6 148.6 145.6 141.4 Prices received by farmers ...... , ... ,do ---~ 142.7 114195 .. "5' I 1.11. 51' 149.9 1: ! 54.8 ll 154.81 I 53. I Cost of livingt ______, __ do __ __ 118. I I I 119. 9 119. 6 119. 3 I Jl8. 9 118. 6 119. 0 u8. 6 I 118.9 118.91 118.3 118.2 CONSTRUCTION AND REAL ESTATE CONTRACT AWARDS, PERMITS, AND I DWELLING UNITS PROVIDED I I Value of contracts awarded (F. R. indexes): I Total, unactjustcd ______.. 1923-25=100.. v 77 5! 63 731 78 86 93 94 93 90 99 93 '84 Residential, unadjusted ______do ___ "71 50 60 73 75 76 78 81 82 82 83 77 riO 1 Total,_adjusted-.------do ---~ P~8 63 62 64 64 74 85 90 93 9.5 Ill 115 ' 103 Residential ad)usted ______do __ • ,g 56 57 62 64 69 77 82 82 85 87 90 '84 F. W. Dodge Corporation (37 States): l Total projects .. ______.. ____ .number--~ 25,001 15, i\95 23,920 2n,IOI 29, 20I 26. 679 28,466 31,512 31,671 34,084 31,528 34, 959 ' 21,462 Total valuation ______... _____ thous. of doL_ 270, 373 200, 574 272. 178 300,504 328,914 324 726 398,673 414.941 347,651 383,069 380, 347 456, 189 305, 205 Public ownership ______do... 96,425 81,666 94,971 103, 450 111, 578 147 316 204, 568 195,293 143,996 174, 506 194, 591 257, 693 Ill, 124 Private ownership ______do ____ 173,948 118, \)08 177, 207 197, 054 217,336 177 410 194, 105 219,648 203, 655 208, 563 185, 756 198,496 I94, 081 Nonresidential buildings: 1 Projects ______num bcr __ I 4, I20 3, 645 3, 815 4, 346 4 078 4, 130 5, 199 5, I35 7, 284 6,144 8, 746 3,438 Floor area ______thous. of sq. ft -I I9. 718 14, 444 16, 610 16,971 18 028 23,413 23, 654 23, 431 1 34, o28 33,890 42,129 23,918 Valuation ______thous. of dol -I 90,058 73, 735 88,821 90,I64 91. 995 138,954 119, 189 IOI, 295 136, 405 148,367 I82, 618 118, 757 R~;~~~l~al_b~!:~~ng~:a-':_t~pes: __ number_ -~19, 746 II, 807 19,053 20, 594 22, 939 20. 584 22,387 24,277 24,758 24,888 24,009 24.176 16, 936 Floor area ______.. thous. of sq. ft .. 29,322 19,107 31,078 33,459 :JG, 312 33, 537 36,227 38,987 4I, 630 40, 778 42,151 48,183 28, 450 Valuation ______thous. of doL_ 116,459 74,858 121, 708 135, 420 145,912 135, 274 140,430 152,988 152,372 148,469 152,838 159, 275 111, 306 Public works: Projerts______nnmhC'r __ l 725 i'62 I, 008 I, 512 I, 733 I, 789 I, 686 I, 685 I, 339 I, 482 921 761 8I2 Valuation ______thous. of doL. 42,242 42, fi29 I 58,905 ()2, 881 81,261 74, 433 85,681 119,358 59,898 73,220 51,430 73, 447 59,622 Utilities: Projects_.------___ 'Onumbcr_. • 410 174 1 2I4 ISO 183 I 22s I 263 35I 439 430 4.54 476 27f.i Valuation.--...... _____ .. __ thous. of doL. 1 2I, 6I4 1 17,830 11, 577 23,024 ! 33,608 23, 40G 24, 975 27,712 1 12,222 13,3821 34,086 40,849 15,520 Families provided for and indicated expcndi- 1 tures for building construction (basetl on i bldg-. permits), U. 8. Dept. of Labor indexes: I Number of families provided for. __ I929=100 __ 63.4 54.6 68.2 82. 7 79.6 (3.0 79.5 80.4 86.2 98.0 67. 4 66.2 63. 7 Indicated expenditures for: I Total building construction ______.do ___ _ 39.9 36.I 43.6 52.1 52.8 46. 6 55.9 55.5 51.4 78.0 60.8 63.4 41.8 New residential buildings ______c]o ___ _ 43.6 37. 1 47. I 57.4 58.5 4.1. 2 56.4 55.5 60.5 69.2 47. 4 45.6 43.8 New nonresidential buildings ______do __ --~ 24.4 23. I 26.4 29.5 30.4 30.9 39.5 40.8 28.I 69.81 60.3 67.4 27.5 Additions, alterations. and repairs .. do ___ _ 43.8 48. 1 52. 4 64.4 62.1 69. I 65.8 60.4 60.5 57.0 43. 5 40.2 43. 7 Estimated number of new dwelling units pro vided in all urban areas (U. S. Dept. of I Labor):t TotaL ____ , ___ , ______, ___ . number __ , 24, o% , :n. 13:J '37, 308 ':J6, G:l6 r 2R, 83,) r 3fi, 307 '35, 813 '37, 487 41,899 30,352 28,543 !-family dwellings ______do._ ' 15 886 ' 23, OfiH r 27.514 '27, 449 ' 23, 293 ' 28, 040 r 28, 638 r 27,006 29,061 22, 509 20, 773 2-family dwellings'" __ ...... __ . do r 1: UK~ r 1, 027 r 2. S27 '~. :l52 ' 2. 081 ' 2, 948 '2981) '3,944 3, 436 2, 333 2,042 Multifamily dwellings ______do_ r G, 25() r G, 138 r G, 9G7 '5, s:J5 '3,l!H '4,:ll9 r 4: 189 r 6, 53/ 9, 402 5, 510 5, 728 Engineering construction: Contract awards (E. N. R.)§ ___ thous. of dol _ 435,401 270, 928 179, 83fi 211,816 282. 2\J(j 252, ifl3 347, R52 397,253 368, 252 702,842 382,724 398. 704 1 HIGHWAY CONSTRUCTION I Concrete panmrnt contract awards: 2,083 3, 2\121' 2,607 4, 12I i, 584 6, ''56 5, 478 7, 285 5, 788 6, 882 5, 050 4, 496 4, 967 ::::::-::: i 227 171 121 63 48 468 25I 868 I, 045 922 1,195 644 832 T~~rg~ts*:~:~~~~::: t~ou~. ~1t :· 819 2, 2\17 I, 827 3, I70 5, 496 4, !)75 3,406 4,049 3,I70 3, 673 2,I97 2, 262 2, 814 Streets and alleys ______do ____ i 1, 037 825 659 888 2,04I I, :·13 I. 82I 2, 368 I, 574 2, 287 I, 658 1, 59n I, 32 1 'Revised. • Preliminary. §Data for February, May, August, and Octo her 1940 and January l\I4I are for 5 weeks; other months, 4 weeks. *New series. For indexes of rayon and silk prices beginning 1926, see table 2P, p, 18 of the J\Iay I940 Survey. Earlier data for concrete pavement contract awards for airports will appear in a subsequent issue. tRevised series. Indicated series on •·Purchasing power of the dollar" revised beginning January 19:Jo: see table 4, p. 18 of the January 1941 Survey. Total concrete pavement awards revised to include contracts for airports; earlier data will appear in a subsequent. issue. Data on dwelling units revised beginning January 1939 owing to a reclassification of projects; revisions affect the total only in July, revised to 28,943, and August to :l3,l>7.5; other revisions a\·ai!ablc on request. April 1D41 SURVEY OF CURRENT BUSINESS 23 Monthly statistics through December 1939, to· 1941 -~ .· 1940 I 1941 gether with explanatory notes and references to the sources of the data, may be found in the Febru· Febru·l March I April May I Jnne July August Sep- October Novem-1 Janu- ary ary , I 1 I I I. tern ber I I ber Decem-~'ber ary 1940 Supplement to the Survey 1 CONSTRUCTION AND REAL EST ATE-Continued HIGHWAY CONSTRUCTION-Continued I I i Status of highway and grade crossing projects i administered by Public Roads Adrnn.: I I Highways: 1 Appro\-ed for construction: Mileage ______no.ofmilcs I 3,100 4, 264 4, 782 4, 64.1 4, 731 4, 034 3, 902 3, 578 3, 030 2, 892 2, 926 I 3, 047 Federal funds ______.. ____ tho us. of doL. 36,477 46,677 47,619 46,922"''" I 50,515 50, 724 43,925 41, 210 37, 242 32,3.16 33,555 35,949 36,845 Undrr construction: Mileage______no. of miles __ 7,413 fi, 966 6, 347 7, 306 8, 388 8, 915 9, 612 9,439 9,390 8, 906 8, 236 7, 536 7, 315 FrdPral funds __ __ thous. of doL 115, 932 92,864 98,4.12 lOti, OG3 1111, 864 121, 2-!8 126,761 128, 737 131,614 127,2.10 121,566 113,922 !13, 671 Estimated cost_. ______do __ _ 232, 054 185,954 196,974 21l.li30 230, 8!9 242, 42.5 2.53, 523 257, ,)67 264, 589 256,691 244,4()4 228,840 227, 763 Grade crossings: Approved for construction: Federal funds ______do ___ _ 10, 331 12,617 12,133 9, H10 10,328 10, 119 9, 6112 9, 496 9, 779 9, 473 9, 081 10,123 10,573 Estimate, 711 33, 764 36, 956 35, 523 39,907 42,488 39,417 41,610 32,584 30,032 26,662 Home purchase ______do_ 30, 283 25,389 32, 168 37, 821 42, 049 38, 402 40,658 40,567 40,947 40,771 33,875 31.4ti5 27,809 Refinancin!( ______------__ <]o ___ _ 14,204 l4,59C 16, 769 20,859 18,034 17, 147 17,649 17,762 15,483 16,840 14,441 I4, 575 13,645 Repairs and reconditioning_~-~-----do ___ _ :J, 573 3, 437 4,657 6, 097 6, 896 5, 691 6, 115 6,079 6,283 5, 756 4, 869 4, 248 3, 784 Loans for all other purposes ______do ___ _ 7, 787 7, 954 10,063 9, 460 10,607 10, 22I 9, 972 10,726 9,645 9,423 8, 798 8, 233 8, 540 Classified according to type of association: Federal ______thous. of doL_ 35 645 29, 786 38,241 46, 5771 49,287 47, 4a5 48,676 50,305 46, 480 48, 307 38, 896 37, 715 34, 360 State members·- ______do ___ _ 35:301 28,941 36,484 43,015 I 45,803 42,214 45,414 46,807 45,988 46, 224 40, 143 36,729 33,947 Nonmembers ______do ___ _ ll, 384 12,795 I5,643 18,409 19,452 17,335 20,211 20, 5!0 I9, 307 19, 8691 15, 528 14, 109 I I2, 133 Loans outstanding of agencies under the Federal Horne Loan Bank Board: FedrraJ Savings nnd Loan Ass'ns, cstin1ated 1 I I mortgages outstanding_. _____ thous. of doL 1,57~,543 1 ,2~6,464 !,317,~7f> 1,34~.072 \1,376,700111,405,10011,432,100 II,461,867 1,487,974 1,515,39211,533,246 1,546,270 11,564,168 Fed. Home Loan Bks., outstanding advances to mcrnher institutions ______thous. of doL_ 156,899 144,515 137.642 133, 8!1 1137,509 157,3971162,222 168,402 176, on 181,526 t8s, 547 I 201, 492l11o. 849 Home Owners' J,oan Corporation, balance of loansoutstanding ______thous.ofdoL 1,929,346 2,026,614 2,021,951 1 1,987,61111,980,704 1,968,816 1!,956,26811,942,427 Foreclosures: 2,020,:;: 12,0!7,;:: .112,012,:~: 112,004,::: 11,996,::: Nonfarm real estate ______I926=IOO .. 87 103 112 m m Io3 1 99 1 on Metropolitan communities ______do ___ _ ~3 99 104 108 119 108 108 I 105 ~I ~ w w 90 Fire losses ______thous. of doL_ 26, 102 34,410 ! 29, 789 26, 657 i 23,447 19, 506 . 20,323 20, 722 21,I98 22,091 1 23,449\ 28,617 II 26,470 §Beginning with the September 1940 issue of the Survey indexes computed as of the first of the month are shown as of the end of the preceding month. The Engineer ing News Record index is similarly shown in the 1940 Supplement as of the end of the preceding month. tRevised series. Revised indexes beginning 1913 are available in table 44, p. 13 of the November 1940 Survey. 24 SURVEY OF CURRENT BUSINESS April 19-11 Monthly statistics through December 1939, to-~1941 1940 1941 gether with explanatory notes and references ---I to the sources of the data, may be found in the Febru- Febru- March April May June July August Sep· October Novem- Decem-[' Janu- 1940 Supplement to the Survey ary ary I I I ternber ber ber ary 1 1 1 1 1 1 ~--~----~--~----~----~--~--- DO.MESTIC TRADE ADVERTISING I Printers' Ink indexes, adjusted: I Combined index ______1928-32=100 __ 82.7 85.3 84.7 89.31 84. (i 84.1 87.4 86.4 85.4 84.91 92.1 82. ,, Farm papers ______.. do ___ _ 5U. 4 60.7 59.0 66.4 69.1 52." 58.5 63.0 58.3 66.1 66.7 73.9 63. 4 Magazines. ______do ___ _ 80. ~ 80.0 81.8 83.0 85.1 85.8 88.4 79.9 80.9 83.0 80. i 72. ti 85.31 Newspapers ______. ___ . _____ do .. __ 8(1.1) 77.1 79.9 78.1 83.2 76.9 74.6 80.4 79.4 78.8 79.7 87. () 77. 7 Outdoor __ . ______.. do. ___ 77.2 83.6 87.2 86.2 82.0 86.4 89.4 87.7 78.8 62.5 84.4 79.8 Radio. ______.do. __ _ 306.2 281!. 4 2\!0. 8 325. ~ .J08. 4 416. 5 4!6. 3 396.8 355.9 --- Radio advertising: 340.1 ~-- Cost of facilities, totaL .. ______tbous. of doL 8, 14\1 7,800 8, 208 7, 728 7, 928 'i, 08G 7, 137 6, 842 7, 273 9,832 9,016 n, 307 '9, t:l(J Automobiles and accessories ______do_. __ 70.~ 034 670 722 728 680 498 489 5U6 742 724 g.~; i~t; Clothing ______do ___ _ GU 32 45 :n 50 54 35 33 [j;) 50 74 (i3 ti(J Electric household equipment ______do ___ 1 0 0 0 0 0 0 0 0 0 0 0 (•) 1 ~J5 5U 62 74 U2 o1 94 90 87 H2 91 I 97 110 ~~~~~~i~ 0ci -J).;;erages: -coilieciia;;s-- ~: 3~ ::: j 2, 311 2 663 2. 7:17 2, 3SU 2,380 .."o:N , s5 2,0\J5 1, 889 2, 018 2, ;;ao 2, 480 I :2, f',\)4 '2, 584 House furnishings, etc ______do __ _ 47 ' 87 su 80 HO 87 7B \!1 103 \!3 105 6U Soap, cleansers, etc ______. ______do ___ _ 915 902 \!01 Vl:! 9ti3 84u 2, 002 1, :S~'i 2, 088 2, 609 I' 2. 62ti r 2, D41 All other... ______.. do ___ _ ... , 201) ~:;~! ':wo 220 21-! '224 '2is !58 235 385 1, 390 943 5Q:J 396 Magazine advertising: Cost, totaL ______. ______. ______do. __ _ I 12,622 12,314 !G, 261 1 ;, 312 1 16. 40·! !.\, fl48 10, 7H7 10,005 13, 035 16,626 15.861 . 13, f,~g r b, 714 Automobiles and accessories__ _do ___ _ 1, !)64 1, ljt6 ~. 4b:J 2, H~ti 2, 74-l 2, 410 1, 43\J 1, 21.1 1, 611 2, 742 2, 427 1, 270 1, fl?iU Clothing______do .. 5!)2 ,)90 1, lJ~j 1, 0~4 \t25 bOi 231 487 1, OGI 1, 216 Si8 74,') 305 Electric household equipment _ do_ 2cl;) 23V 5?)5 7-17 812 l);)j 201 149 281 52.1 53! 1 G·W 94 FinanciaL______.do ___ _ :;,o an c. 4j8 "81 H1 504 343 283 378 452 -132 33(i 321 2, 1!18 ') •)]') Foods, food beverages, confections . do _ 2, 1=~ 2, -±77 2, 2b:, 2, 3~11 2,138 2, 004 2,140 2, 440 2, 5S2 2, (Ul;:) ], t~l5 House furnishings, etc.______do __ 4:Jo ·1/;_l 7:JO 1,100 1: J:l4 b2ti 304 2:35 825 1, 177 94.) fib-! 2f)5 Soap, cleansers, etc______.do __ _ 43f> ·lib 4U7 4(i8 514 ZH.ti 4J:; 382 429 441 471 240 ,. 19!1 Office furnishings and supplies_ __ do _ 21\J Juu 2ti3 HU 235 1;JU 80 188 305 21\) 248 341) 137 Smoking materials______do 700 FlVb o24 6(i3 702 bfi:l 762 698 790 77() 874 ljS2 U'i:l 2, 1:-)5 Toilet goods, medical supplies ______do 2, ~HJ(j 2, 713 2, 5iG 2, 32,) 2. -!:.:0 1,vm' 1, 70V 2, 147 2, 4:33 2, 295 2. OX! r 1, 177 Allother______do :J 602 :~j(j a, -1, 1:!-t 4, i5H 4. 37~ 4 Ou9 2, 857 2, 65ti 3, Gt\8 4. 307 4.180 4, 5.18 2. ,.,~2 :ll9 Linage, total ___ .. ______thous. of lines. z: 2, 043 2, 77iJ 2, 72:) 2, 430 2014 1, 706 1 1,888 2, 410 2, 432 2, 460 1, Gill 1, f>8~ Newspaper advertising: g:;, 9G:J Linage, total (52 cities) ______clo ___ _ 93,240 114, 255 111,989 119,883 to:J. 290 84,440 92,041 106, 701 118, 784 113, 191 122, 78{1 9:), 171 Classified. ______do ___ _ 20.690 19, 2iJ5 2~. 945 23, 083 23, 93(i 2:3,216 21,194 21,964 22,328 22, 786 21, Oil 21,918 21, 35:; Display, totaL ...... ______.... do .. __ 70, 2i2 73,945 91, :J09 88,900 95,948 80. 074 63,246 70,077 84,373 95,997 92, 119 100, 81i8 71, Sib Automotive ...• _. ______. ______do ___ _ 5, 250 4 224 5,ti20 7, 007 7,812 b, 0:39 3, 628 3, 619 5,035 6, 471 4, 973 4, 124 :;_ (j(i3 FinanciaL ______do. __ _ 1, 402 1:494 l, 799 1, 477 1, 742 GeneraL ______. ______do ___ _ 1, 838 I, 485 1, R27 1.196 I, 322 1, 606 1,359 :!, 295 14, 80G 15, 740 17, ()45 17,824 19,427 17, Uti9 13,043 12,046 14, 546 18, 511 16, 796 13.519 12, 544 RetaiL .. ______. ______do __ _ 51, 784 52, 487 uti, 24ti ti2, 237 67,231 55, bSO 44, 748 .13. 216 63,469 69, 409 68,992 81,452 5:J, 315 GOODS IN WAREHOUSES Space occupied in public-merchandise ware- houses. ______. __ . ___ . __ . ____ percent of total 71.7 73.0 72.1 72.2 'il. 7 71.0 72.5 72. 1 72.6 '73. 9 75. 1 NEW INCORPORATIONS Business incorporations (4 States) .... number __ 1, 712 1, 96ti 1, 998 2, 250 2, 087 1,619 1, 710 l, 627 1, 537 1, 632 I, 479 1, 792 i 2. 084 POSTAL BUSINESS I Air mail: Pound-mile performance ... millions .. ------ 1, 500 1, 6b2 1, 628 I, 683 1, 597 1,634 1, 719 1, 673 I, 8G6 1-- ___ Money orders: Domestic, issued (50 cities): Number ______------______thousanrls__ 4, 496 4, 2-16 4,664 4, 503 4, 309 4, 151 4, 226 4,134 3, 901 4, 527 4, 373 4, 914 4. S/9 Value ______thons. of doL 46,005 3iJ,U65 42, 937 41, 548 40,028 38, 218 40, 144 39,472 39,041 42,719 41,646 45, 154 44. 982 Domestic, paid (50 cities): , ;,:;o Number------______thousands __ 13 12,945 14,373 13,624 13,928 13, 138 13,106 13,106 12,469 15,095 14, 177 15,876 14 • .141 Value ______thous. of doL 104,754 95, 124 lUll, 197 00, 793 103, 120 \)/, !35 100,955 102,390 99,008 119, 500 Ill, 864 123,4:30 111, ()38 Foreign, issued-value~______do __ 1, 4ti7 1, 775 1, 450 1, 430 1, lti2 1, 519 1,494 1,248 1, 4/g 1, 843 1, 7l'J 1, 328 do_ 30,536 R5Ze;gl;~t~;r~~;~s______29,736 32, l\57 : 31,615 32, 2G5 28, !IG8 27,626 28,974 30. 325 35, 233 33,201 45, 390 32, 316 50 industrial cities______do_ a, 177 3, Uli3 3, VVJ : 3, U23 3, /~tj 3, ·151 3, 5tj5 3, 568 3, 572 4, 194 3,686 5, 50\) 4, 001 RET AIL TRADE Automobiles. value of new passenver-c·:u :-ales: lJnadjusted _____ ··-- ______1D2!:!-31=10fL 100. 7 133. \! 145. 1 161. 14::. 5 118.3 70.9 fi7. 71 J.\0. 1 147.9 136. 2 r 12\:1.1\ Adjusted. _do_ 130.8 11:!. 5 11:!. 5 104. 1~~~. 7 119.5 120.2 118. 7 133.4 128.6 121. (i r 154. 3 Chain-store sales, indexes: Chnin-Btore Age, eornbined index (20 ehains) av. same month 1929-31=100_ 1:JO. 0 114.0 110.0 115.0 117.0 1H'.0 128. (I Apparel ehoins .. ______do __ _ 119.0 122.8 121.0 120.0 124.0 124. 0 133.0 I!V. 0 12/i. 0 122.0 1:!3.0 m.o 132.0 134.0 137.0 132.0 136.0 14~.0 13:J. 0 Drug chain-store sales:* Unadjusted ______!935-3ll=l00 v 99. I 95.5 1()2. 2 96.6 fi8. 7 ~~. 5 99.4 Adjusted______do 102.2 98.6 104. 7 J0.5. 2 '140. 3 ' 104. 1 "lOG. U 98.7 102.7 99,9 102.1 !OJ. 8 103.8 107. G 102. 7 103. 2 105.3 '103. 8 r 106. 7 Grocery chain-store sales: - l'nadjusted ______.1929-31 = 100 p 123. ti 112.1 112.0 113.2 114.0 112.8 Adjusted ______do .. 109.9 110.0 l!O. 2 112.4 115.3 120.8 IJS. 4 p 123. () 111. 5 110.9 10\J. 9 112.3 Ill.! 112.2 114.6 112.4 111.8 115.3 117. 2 r 122. 1 Variety-store sales, comhined sales, 7 c·hains: t Unadjusted ______.1935-39= 100 p 91.5 83. 5 9(), 3 \12.1 lll1.7 99.5 Acljuste Monthly statistics through December 1939. to 1940 I 1941 gether with explanatory notes and references • 1 1 to the sources of the data, may be found in the -----~------~----- ;--Sep:---~----~ Novem-1 Drcpm- I Jann~ 1940 Supplement to the Survey ~~~-L-~1 ay \ June i July August 1 tember October ber '"'r ! :try 1 DO:\fESTJC THADE----Continued RET AIL TRADE-Continued Chain store sales and stores operated-Con. Variety chains-Con. G. C. Murphy Co.: Sales______thons. of dol__ 3, 'i:\1 :;, .1:-l.i I. :lOO 4, ~198 3, 91\fi 4, 370 3, 923 4. 612 4. 884 9, 042 3, -17tl Storesoperated ______number .. 204 203 2o:l 202 202 202 202 202 202 2111 204 F. W. Woolworth Co.: Sales ______. ___ _ tlwus. of dol 2~{, l)(if) 22, 117 27 ..)4.1 2:( 77'4 2G, 007 2n. 020 2J. .i07 2fi, S28 25, 197 28, 6:14 29.688 54, 571 22 lK\S Store:-; opf\ratrd_ __number_ 2.1)23 2, OJ!') 2. 0]<; ~.OH 2. !l1'J 2, 01') 2. m:l 2,014 2,021 2,021 2,02:1 2, 02:) 2:021 Other chains: \Y. T. Grant Co.: Sales .. ___ _ thnus. of dol tl. Ill fl, 109 i :.,-.~~o I S, '/~i· s. ?11 l.ll\l8 ~- 7.i0 8. 276 10. ,\()\1 ',!(I, 0:1(1 ji, fl5f, Rtores operatPct _nmnbt'r_ t\12 492 ~\l'2 ! 41)2 ·t92 4tl2 49:l 4n 4\ll t\14 4\11 J. C. Prnncy Go.: Sales __ thous. of dol _ IX, 34.11 lll, 029 '21. 4f)D ~1. lSI i 20. !lD\1 2l, 7:)7 20,882 21.492 24.791 29, !i84 83, 7f).1 t.\ 71ii :!!), 2S4 Stores operated ______number __ l, fiSi' 1, fl57 1, fJilO 1, ;)!\2 ] • 5!i:! I. ,;l)~ 1, !)()8 1, ,\75 I. 578 1, 582 I, 58G I, 5811 l, 5811 Department stores: Coiiections, ratio to accounts rcceh-able: Instalment. accounts ______perrcnt II. 8 tn. 5 If\. 4 Iii. 9 16.7 17.7 18. I 17 . .1 Open accounts______.do __ 4(',, ,1) 4.0. 9 45.4 44. I 42.4 47. 1 48. 7 14. !l Sales, total U.S., unadjusted __ 1923-25=!00 82 8fi 87 fi4 77 105 !OJ 114 1n) 7B Atlantat ______l9:lS-39=100 !Ill !OJ f!S Sl !Oi 132 125 14 I 22:l 93 Boston_____ ... 1923-25=1011. ()2 71 7.~ .51 62 80 91 92 I t5 69 Chica~o______do __ _ iS Ill 92 fi5 813 104 101 113 17:! Rl Cleveland______do ___ _ R4 llll 93 6i 84 !Oi 97 JIG liS 75 Dallas ______do __ _ 101 \l9 \lO 76 94 127 Ill 131 201 96 Kansas City______1925=100 _ 7G 8:) 76 Gfi 86 91 9.1 gg \f)S 75 Minneapolist. ___ !93o-39= 100 . 79 ]()9 106 RO JIO 11.1 127 118 li:J ~12 New York______HI23-2!i=IOO iH s:J 89 ll7 7t) 108 lOS 120 !84 78 Philadelphia do r;:J (j[', 73 .iO f\0 79 87 100 14S !),"') Richmond__ _ do H4 Jll!i 112 s:.l 104 128 14\1 148 z:{u nH St. Louis______do _ SJ no 82 tl(i 78 lOf) !Ill 112 J()j so Ran Franci~co ______do \ltl HO ss S:l nk JO:l w:l 1\11 ISS Hi\ Sales, total ll. ,;_, adjustc RMPLOYl\IE:KT CONDITIO~S AND WAGES EMPLOYIUENT Employment estimatrs (l.J. S. Dept. of La hor): Nonagricultural rmploymrnt, total-+' thonsnnds :H. ;iiS :l4, ~117 :J4. 898 :l,;, 176 3.\, Ill? 311, 2:l3 30, .1')72 36, H85 :li. 2!1~ r :{f), ~19 Employees in nonagrienltur;:tl establish- ments, total thnu~and5 _ :)11.4-11 ~s. z:~q 28. 4:!.) 2~. 4()~ zs. 7!;,) 2~.orn 20. fl:l3 :.m. 474 30,090 30, 429 30. 542 ;JI,I.ofi ':lO, )7f0 1lanufacturing. r}r, lfl,f\71 ~1. F;99 9. f'.-12 n. ,;,~7 \l,,\11 ~). :04.5 ~; ..)5-t 9. SiS 10.184 Ill. 373 10, 434 10.• 153 T 10, 49:1 Mining______rio 8.\4 849 ~;).i fq:, ~18 8:l7 R:l9 816 8.i6 853 85.\ • 8.\2 Construction______dr,_ L 939 ~'11 !, 118 1. 249 I, 321 !, 378 1' 44,3 1, 511 I, 654 1, 709 I. 714 'I. f\23 Transportation and public> utiJities.do 3. (l],i 2. 941 2, 940 2. m~t) ;), 000 J. 012 3, 059 :1,081 :J. 120 :l.!21 3, 065 :l.o:l!l r :t 012 Trade ______do t\, 1 /\) f),026 f;, 201 n. 122 6.197 fl. 251 fi, 1.\9 6. 168 !\, 321 6. 362 6, 433 6. 884 ( 6. 16.\ Financial, srrvke, anfl mise ______do t. l.:'i~ ·1. 084 4.100 4. lf\0 4. 202 4. 214 4, 218 4. 2211 4, 255 4,187 4, 167 4, ISO ( 4. 142 Government______.______do_ :~. fll ti ;), 09.1 :), 702 :l, 71fi 3. 7.11 3. i99 3, 828 3, 839 3. 853 3, 876 3, 881 3. 931 r 3, S87 !vli1itary and naval forces* __ . _do_ 1. 1-l'i 450 4fi7 461 4fi4 474 516 549 634 733 822 o84 nf.8 Mannfacturin~. unadjusted (l'. 8. Department of Labor) t_. __ __ 1923-25= 100 I 17. 7 105.0 104. 4 103.2 102. ,) 103. I 103. 2 107. 4 111.4 113.8 114.7 116.2 • 11.1. 5 Durable goodst. _ __ _.. do 1'20. X \J9. 2 99. 1 98. 7 99.2 9\1.8 98.4 102. 4 108. 2 112. 8 11-5 5 ll7. 6 ( 118.3 Iron and stc('\ and their products. not !n- clu,ling machinery______l\123-25=100 12-1." }()i\. 7 JIM.,; !(JLi 101. H IO:l. i 106.2 110. 7 113. 6 117. I 119. 3 r 121. .) 122. I Blast furnaces, steC'l \Vorks. and r0lling mills_____ . 1923-25=100 \:J:l.O I 17. 4 II I ..~, 10~. 4 109. I 114.3 119.0 !22. I 12:1.2 12.). 2 127. 3 129. i'i 131.3 Hardware___ do I 1-t' !OJ.:; !IS. 8 H'. l 95.!) 81. r, 82. g 9.5. 8 JOL2 105. 3 109.0 I 12 ..1 ( 112.8 Rtructnral and ornamPntal mf'tal work 1923-27>= 100 ! 71. n 70. (I 7L 1 73.5 71l. 0 7H. 9 83. j 8.\fl S6. fi !lll.1 9:1.1 Tin (~ans and othrr tinware_ _do ' ~J2. 7 \14.1- \1.\ t-1 102.8 10.). n 108. J 105.2 101. j 100.2 ns. H r H~l. S Lumher and allied produr-t.s __ .rlo ·, tiii. I ()fi.O liS. 0 f\8. :J f)S. 2 iJ.:l 73. 4 ~~- 4 7!. 4 7:l. 7 r /]. :~ 1 Furniture______flo WJ.O! Sll. 4 87 :l 8>l. I 87. i I 91.0 94.6 ali. s 97.0 \17.4 \1:~. 7 Lumher. sawmills_ __do. .1 :iU. 1 f\0.:1 111. g 61.9 111. ,; I 64.9 lifi.:l Oil. 6 66, I (i4. 7 rt):2 . .r'i r Hcvised. v PrcHminarv. tRPvised ~wrirs. Indt•xps of dt•par1 II!('llt-str~re ~ak:-; in .\tlanta and -:\1 imwapolb di:-;triPb n•Yi:->t•d hev:inning 1\HU, fnr Athnt.a, sre t.<-thk :)3, p. W of 1tw f)Pet>rnbnr HJ-:1.0 Survey: 1-finnrapolis datn ''"ill apJWHr in an t•arly issue. For rnyi:-;ions in adjuste--:1 index nf {~rdted St:-tte:: EMPLOYMEXT CONDITIONS AND WAGES-Continued EMPLOYMENT-Continued I Mfg., unadj. (U. S. Dept. of Labor)-Con. Durable goods-Continued. I I I Machinery, excl. transo.equip.l923-25= 100 .. 142.3 ""' i 113. 1 I 113. 6 113. 9 1 115. 1 Ii 116. 1 119. 2 i 123.1 I 127. 3 '131. 2 '136.0 '139. 9 Agricultural implements (including trac- tors) ... _. ___ .. ______... 1923-25=100 .. 143. 7 I i 141.1 i 143.61 141.4 139.6 137. 3 130.6 1o3. s 1 134. 9 136.1l 143.2 ' 149.6 Electrical machinery, apparatus, and 131.211 supplies .. __ ...... 1923-25=100 .. 134.ti 1ou I 101. 7 1 101.5 101.9 103.3 103.8 100.6 111.2 I 116. 1 120.6 125.6 '130.1 Engines, turbines water wheels, and I windmills . _ ...... 1923-25= 100 234.3 133. o 1 134.5 140.2 148.9 158.1 167.5 174.8 190.4 '201.0 '211.8 '223. 2 Foundry and machine-shop products 182.21 1923-25= 100 .. 119.1 97.2 97.2 96. 5 96.9 98.0 100 . .} 103.4 106.7 110. 1 114.1 '117.4 300.0 1\laehine tools' ... _.. do ... 2g~: ~ I 211.0 2iti. 3 221.1 229. 1 1 234.81 237.5 248.0 257.9 265.9 276. 0 ' 286. 2 lladios and phonographs. do. 142. a 126.3 121. 7 128.3 136.5 141.0 I 143.4 157. I 159. 5 163.6 !59. 4 158.0 ' 14 7. () ~l~tals, nonferrous, and products do 134.4 I 107.2 i 107. 105. fi !05. 3 100.6 1 107.0 I 13.8 119.8 126.1 129.9 ' 131.2 I ' J31. 2 Brass, bronze, and copper products do 176.0 128.3 I 128. 7 125.8 125.5 !29.1i 138.2 141\.6 154.9 162.4 lliS. 1 , 171.5 C:tone, day, and glass products .. __ do .. .. 86.5 75.5 77.7 KO. 5 82.11 ~~Ul 82. 4 84. 5 85.8 87. fl '88. 6 ' 88. 7 ' 8.}. 8 Brick, tile, and term cotta ...... do .. .. ii3. 2 52.9 54. 4 [)8. 0 liO. 9 63. I M.l 64. 7 Olass______do ___ _ 64.4 65.0 '64. 8 ' 65. 2 ' 64. 8 115.0 102.5 10{). 2 105.3 104.4 104.9 103.3 106.9 109.3 113.2 117.0 116.8 '114.3 Transportation equipmentt __ . __ do ___ _ 15S. 5 l!fi.1 118. 5 116.9 116.7 114.3 99.7 105. I 12fl. 9 139. 5 146.0 141).2; '152.6 Aircraft* ... ____ ... _ .... do .... ,), 3b9. 4 2, 302. 6 2, 379. 4 2,474.3 2, 676.4 2, 913.5 3, 146.6 3,478.6 3, 764. 3 4, 115. 9 4, 402. 3 '4. 684.1 h,03!. 2 Automobiles ...... do .. _. 131.8 113. 1 114.4 112.0 109.8 104.9 82.3 85.4 112. 1 125. 1 129.5 129. 3 I , 128. 3 Shipbuilding' ...... do ... . 255.0 142. 'i !50. 7 152.8 158.2 162.8 170. 2 181.1 188.1 197.4 201.2 ' 221.0 '240. 4 Nondurable goodst ...... do .. .. 114.7 110.5 109.5 107.5 105. (\ 106.2 107.8 112. 2 114.4 114.8 11~. 9 , 114.9 1 , 112.1 Chemical, petroleum, and coal products 1923-25= 100 .. 127.9 121.0 122.8 123.4 119.0 118. 5 119. 4 123.0 125. 3 r 125.6 '125.8 '126.1 l'hemicals ...... do ... . 155.0 131i. I ns.o 135.2 :~3: ~ I 138. :l 140.4 141.6 143.4 145.6 148.0 Paints and ntrnishcs______do __ _ 149.9 '152. 0 128.8 123.2 123. 5 124. 4 125. 9 126.4 124.6 123. ,) 126. 1 12.), 1 ' 125. g '126. 0 '126. 3 Petroleum refining _____ do __ 1W.O 120. g 121. 3 121. I 121.8 123. 2 122.9 122.7 122.6 121.2 120. 7 119.8 '119. 1 Rayon and allied products do. 317. 5 :ll3. 3 309.0 305.8 304.3 300. () 306.9 307. 7 311.7 311. I 314. ,) 3!5. I 313. ,) 119.1 Food and kindred products. do 118.8 118.8 119.7 121. 7 129.7 13.,. 4 145.8 147.4 141. ~ 132 . .0 ' 130.5 '121. 2 Baking... . rio 142.7 IE3 143. I 142.5 144.8 147.0 147. I 146.6 1411. 6 145. 9 J4.i ,I 144.1 140. 5 Slaughtering ~nd meat packing cto 110.5 108. 6 107.4 103.6 lOfi. i 108. 2 Ill. I !Of\. 8 108.0 !Oil. 6 Jlf). 2 125.0 '!16. 3 Leather and its manufactures. do Uti. 9 99.3 98.2 Q4. 2 86.8 86.8 91.6 92.0 90.8 90.0 87.0 90.6 '93. 4 Boots and shors. . do 95.1 98.3 97. ;- 93. I 84. ~ M.S 90.7 89.7 88.4 84. I 88.0 '91. 4 Paper and printing ...... do. 117.5 114.1i 114. 4 113.8 ll!i.O I 14. :, 114. 7 ~~UI I 16. 2 117. n ll~." 119.9 '117.0 Paper and pulp...... do 117.2 113.0 112.6 112.0 115.2 116. 2 I 117. 1 I 116.9 116.7 IJ.il 115.9 '11.). 7 Hnhh€'r prorl.ucts ______do 11-'· 7 100.8 88.0 87.2 84. 7 83.8 83. 4 I 8~. 5 Rli. 9 89. 4 92.6 94. 4 97.5 '98. 8 Rubber tires and inner tubes..... do 78.8 73.0 72.3 69.7 ()9. 0 68. ·' 69.3 70. ,) 72.6 73. 9 7.). 2 76.9 77.9 Textiles and tlwir productst ...... do .. 110.0 105.5 102.9 98.8 9o. o 93. i 94. ,) 99.7 102.ll 104. 5 JO.I ..; 107 .• ' 106.4 Fabricst...... do 101.6 95. ii 90.7 88.3 87.0 8.5. 7 88.0 90.4 92. 8 96.1 98.7 100.4 "99. 7 Wearing apparel ...... do ... 124.1 123. 7 126.6 118.6 112.2 107.9 10·1. 9 116.7 120. 7 118.9 '116. 2 '117. 2 manufacturPs ______. _ _ '116. 8 Tobacco do __ _ 63.9 {)!. 7 63.6 63.8 62.2 64.9 62.4 64.4 65.8 66.5 66.8 65.6 '60. 8 Manufacturing, adjusted (Fed. RcserYe)t do ... 118.4 105.8 104.0 102. 8 102.8 ' 103.9 105. 1 107.4 108.9 111.4 ll4.2 116.6 ; 118.3 Durable goodst...... do .. . 121.8 100.2 98. fi 97. 7 97. 9 99.0 100.4 104. 3 107. 4 111.2 114.6 117.5 '121. 1 Iron and steel and their products, not in- eluding machinery ...... 1923-25= 100 .. 125.3 107.0 102.7 100.8 101.2 03.7 107.3 111. 1 112. 9 l!fl. I 118.9 122.4 124.6 Blast furnaces, steel wcrks, and rollin~ ndlls .. . 1923-25 = 100 132 117 110 107 10~ l 15 12\J 123 123 1~.~ 127 130 133 Hardware .. do 114 101 9~ n 9.~ 82 84 98 102 10.0 109 113 i:ltructural and ornamental metal work ' 113 1923-25= 100 100 75 72 71 71 73 75 78 81 84 ss 91 % Tin cans and other tinware ...... do ... 110 100 99 98 97 100 100 98 96 99 103 104 '107 Lumber and allied products ...... do ... 75.3 70.0 6S. I 67. 2 67.9 67. 4 67. 5 69.0 70.6 71.3 73. 6 75.2 '76. 3 Furniture ______do. __ _ 98 91 90 90 90 90 R9 Lnmbcr,sawmills ______do __ _ 90 91 91 93 96 97 67 63 61 60 61 60 60 62 64 64 66 67 68 Machinery, excl. transp. equip ..... do 14:l.O 113.6 113. 3 113. 4 113. 4 114.9 116.6 120.0 122.4 126.6 130.9 1o5.8 '141.3 Agricultural implements (including trac- 140 tors)...... 1923-25=100 .. 137 136 133 136 1:lli 133 139 141 143 140 143 r 147 Electrical machinery, apparatus, and sup- plies ...... 1923-25=100 .. 135 102 102 102 101 103 104 107 111 116 120 126 131 Ent:rines, turhlnes, water wheels, and windmills ...... 1923-25~ 100 237 131 132 134 112 152 165 !7.) 181 19S 210 218 237 Foundry and machine-shop products 1923-25= 100 .. 119 98 97 97 96 97 98 101 103 107 118 . ll4 118 Machine tools*_ ...... _..... do .. . 299 204 209 215 220 228 237 247 247 257 265 I 275 '286 Radios and phonographs ...... do .. . 162 144 145 !53 155 144 145 !45 138 134 1421 149 '155 1VIt'tals, nonferrous, and product.s ____ do. __ 134.8 107 .•) 106.6 105. 9 106.0 108. 2 110. 7 115. 7 118. 6 122.3 126.3 129. 4 133.4 Brass, bronze, and coppC'r products_do ___ _ 176 128 127 125 124 128 132 140 147 !53 162 168 r 173 Stone, clay, anct ~lass produrts ______do ___ _ n.4 80.8 80.0 79.8 78.9 79.8 81.3 81.8 83.0 84. 7 88.4 90.6 '94. 5 Brick, tile, and terra cotta ...... do .. .. 73 61 59 59 58 58 60 GO 61 61 65 69 r 75 Glass ...... do .. .. 115 103 105 104 103 103 10.1 107 109 112 117 117 '120 Transportation equipmentt ...... do .. .. 154.1 112. I 112. 5 111.2 111.6 111.8 110. 7 120.9 '1~0. 2 140.2 '143. 7 145.0 '1.10. 4 Aircraft* ...... do .. .. 5, 444 2, 326 2, 356 2, 426 2, 598 2 829 3, 115 ~. 479 •• 881 4. 243 4, 523 4, 734 r 5, 082 Automobiles ...... do .. . 124 107 107 106 105 102 97 107 '116 125 126 123 '123 Shipbuilding' ...... do .. .. 260 146 148 148 154 164 175 186 187 19.) 204 220 r 244 Nondurable goodst ...... do .. .. 115.2 111.1 '109. 2 107.6 107.4 11)8. ·1 109.6 110.2 11~. 3 'Ill. 5 11.5. 9 • I 15.6 Chemical, petroleum, and coal prodtwts u3. s I 127.4 1923-25= 100 .. 120.6 120.0 121.1 122. n 1:~2. ·i 121. 7 1!2. 2 121.7 122.9 123.9 i 125.1 r 126. () Chemicals...... do . 157 138 137 136 l~i 138 138 141 141 143 147 151 154 Paints and varnishes ______do __ _ 130 124 124 123 121 122 124 126 127 125 127 128 1311 Petroleum refining...... do .. .. 120 122 123 122 122 123 122 121 120 1221 121 120 '120 Rayon and allied prorlucts ...... do .. . 313 309 304 312 :H1 315 308 306 309 310 311 314 310 Food and kindred products ...... do .. .. 131.0 130.8 130.3 128.8 12!). I 1:n. 9 129.0 129. ~ 126.9 130.1 132.4 135.5 132.9 Baking...... do .. .. 145 144 14,) 144 145 146 146 146 144 144 144 144 143 Slaughtering and meat packing __ .. do .. . 111 109 110 107 107 100 Ill 108 109 110 114 121 112 Leather and its manufactures ...... do .. . 1:13.2 90. 4 93.8 91.9 87.9 89.6 !Xl. 9 89.1 89.9 91.1 93.8 94. 3 '93. 3 Boots and shoes...... do .. . 91 94 93 90 86 88 8~ 87 83 ~0 ~2 93 '91 Paper and printing ...... do .. . 117. () 114. 7 114.8 114.3 115.3 115. 7 llG. 4 116.4 115. 7 '116. 1 '116. 8 117. 7 '117. 4 Paper and pulp ...... do .. .. 117 113 113 112 115 116 117 117 117 115 116 11~ 116 Rubber products ...... do .. .. 100.5 8i'. 9 86. 7 83.9 83. 5 ~4. 2 84.7 87.0 89.7 93.6 96.8 99.0 Rubber tires and inner tubes ...... do 79 73 72 70 69 69 69 71 7S 91~~ I 75 77 78 'l'extiles and their productst ...... do .. .. 107.0 102.7 I 99.1 96.6 9fi. 3 ~6. 8 . 100.2 101.9 102:6 '105. 3 111.1 107.2 '107. 3 Fabriest...... do .. . 99.0 88.6 87. s 1 87. 7 ss. o I 91. 3 92.6 I 93.5 95.2 97.7 98.7 '98.il Wearing appareL ...... do .. 120.4 1~~: ~ I 118.8 112.4 ! 111.6 1 116. 1 116. I 116.4 114.8 liS. 1 122.0 '122. 1 Tobacco manufactures ...... do 65.1 62.1 I 04.3 65.0 i 63.2 JU I 62.8 63.0 63.7 63.3 63.4 64.7 '66. 3 'Revised. tRevised series. Slight revisions were made in data for textiles ttnd products and fabrics beginning 1P33; revisioni not shown on pp. :!5 and 26 of the May 1940 Survey arr available upm request. Index for transportation equipment revised beginning Jan nary 1939; sec 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 Januar¥ 1938 for durable goods, see table 12, p. 18 of the March 1941 Survey. *New series. For indexes beginning 1923 for machine tools and shipbuildmg, and index for 1931 through 1938 for aircraft, see tables 39 and 40, pp. 15 and 16 of the October 1940 Survey; for aircraft indexes (revised) for 1939, see table 57, (l. 17 of the December 1940 Survey. April Hl41 SURVEY OF CURRENT BUSINESS 27 Monthly statistics through December 1939, to- : 1941 1940 11941 gether with explanatory nctes and refereno~s '---I . --- tothesourcesolthedata,maybefoundinthe Febrn- Febru-1 March April May June July Augu't Sep- loctober'i'Novem-[' Dceem· Jarm- 1940 Supplement to the Survey I ary ary I I I I I I tember ber ber ary ··----~--- EMPLOYMENT CONDITIONS AND WAGES-Continued EMPLOYMENT-Continued I Manufacturing, unadj., by States and cities: I I State: I Delaware ...... 19!3-2i= 100 .. 110. 2 96. 1 96.9 98 ..5 98.9 100.9 99.3 107.7 108.9 1!0. 2 104.9 108.7 • Ill. 4 IHinoist ...... 19311-39= 100 .. J19. 3 105.9 105. ~ 104.0 104.4 105.4 107. I 110.0 112. 2 113.9 116.2 118.9 118. 4 Iowa ...... 1923-25= 100 .. 144.4 13~. 7 134.6 134.9 136.5 137.6 136.2 137.3 138.9 142.4 147.0 151. I IH.8 Maryland ...... 1929-31=100.. 118.9 104.0 !05. 2 105.4 106.0 106. 4 108.9 110. 5 111.6 113. 3 ll5. 3 ll6. 3 117.4 Massachusetts ...... 1925-27 = 100 .• uo. 7 80.7 78.0 76. 3 74.9 74.6 77.7 79.9 82.5 84.9 85. 3 87.6 87.0 New Jersey ...... 1923-25=100 .. 123.1 103.5 103.7 103.1 103.8 105.6 106.0 111.3 115. 4 116. 6 118.0 120. r, 1211.0 New York ...... l925-27=100 .. 107.2 91.1 91.8 R9. 6 8~. 7 88.9 89.6 93.3 97.2 99.7 101.0 • 103. 6 103. 5 Ohio ...... 1!126=100 .. l!O. 8 95.3 91. 3 93. I 92.9 94.1 94.2 97.4 100.9 103.6 105.2 107.0 lOS. 2 Pennsylvania ...... _ 1923-25=100. ~8. 3 '88.4 86.8 s.o. 3 H4. 3 85.5 S7. 0 89.6 91.3 93.9 9S. 2 T 9(). 4 • 96.2 Wisconsin f ...... 1925-27= 100 .. 106. 9 93.6 95.2 94.3 94.3 95.6 95.0 97.0 100.2 104.2 w.o. 2 107. (; 107.3 City or industrial area: Baltimore ...... 19~9-31 = 100 .. 116. 4 100.8 !U2. 7 103.5 102.6 102.6 105. 7 108.0 108.8 1!0. 3 111.7 113. 1 113.5 Chicagot ...... 1955-39~ 100 .. ll7.G 105.8 105.2 103. 7 104.4 104.6 106. 7 108.7 1!0. 9 113.2 liS. 9 119.3 118. 7 Cleveland ...... 192.3-25=100 •. 114. I 94. 6 95.3 96.2 97.0 9H. 9 97. 7 101.3 103. 7 107. 8 109. 4 110.0 112. 4 Detroit...... do .... 122.1 ' 109. 9 110.3 108.8 102. (j 96.0 64. I 93.4 Ill. 6 120.2 122.0 121. 5 123.0 Milwaukee ...... l925-27=100 .. 119.0 97.2 99.9 9!1. I 99. ~ 100.0 97.5 101.4 105. 5 110. 5 111.2 113.7 115.3 New York ...... do .... 109.9 95.9 98.4 9:l. 7 91.1 88.4 86.2 97. I 101.6 102.5 102.5 103.0 IIH.8 Philadelphia._ ...... _.1923-25= 100 .. 99. I 86.6 84.7 S3. 7 82.0 83.0 84. 5 87. 9 91. I 9:3.7 95. 7 97. I I 96.7 Pittsburgh .... -...... _..... do ... _ 103.5 90.0 88.4 8fi. I 86.2 89.6 91.1 9:!.1 94.0 96.6 9R. 4 100. I rlt)l.f) Wilmington ...... do ... 101.5 88.0 88.6 90.0 89.9 89.6 87.5 ss. s 90.6 93. 4 95. 7 99.6 '102. 3 Nonmfg., unadj. (U.S. Dept. of Labor): Mining: Anthracite ...... ___ Jg29=100 .. 50.6 .)I. 6 52. 2 .)I. 2 51.8 49. 7 50. 5 49.9 49. s 49. 4 50. 4 50.8 50.3 Bituminous coaL ...... do .... 90.8 91.7 89.7 86.2 85. I 83.8 84.9 86.6 87. 7 89.2 SQ. 8 r no. l 89.9 Metalliferous ...... _...... _...... do .... no 66.3 66.2 67.7 6!). 2 70. ;j 71.0 71. ~ 72 ..1 72.6 72.fi 72.2 72.4 ('rude petroleum producing ...... do .... fill.() 63.0 63.2 6~. I 63. 3 fi:l.8 H3. i 63.6 fi3. 0 62.4 fi] :l • 60.7 60.2 Quarrying and nonmetallic ··--· .do.-... 42. :l ~g. :l 41.0 4-t !i 4fi. 9 47.9 48. 1 48. r; 4H. 9 48. H 47.:! r 45. 4 41. 3 Public utilities: do ____ g1ectric light aud powert. ------. 89. t; 89.2 89.3 90.3 90.6 91.2 92.2 93.0 92. 7 92.3 \11.8 91.3 90.7 Street railways and bussest ...... do .... OS. 0 68.7 ~8. 2 68.3 68. 4 68.5 68.4 68.4 68.5 68. 7 68. 7 68.4 68.2 Telephone and telegraph t ------do .... 80. :. 75.9 76.0 7G. 7 77.3 77.8 78.8 79.0 78.9 79.1 79. 2 , 79. 7 80.0 ServiCQS: Dyeing and cleaning ...... do .... 101.2 93. 7 99. ·" 104. 5 108. 7 112. fi 108.2 106.7 I 10.0 109. 4 106.0 '103. 3 101.2 Laundries ... _ ...... -... do .... 101.0 95.8 96.2 97.2 99. I 102. I 102.5 102.8 101.9 100.2 \l9. 7 ' 100. :; 10l.3 Year-round hotels ...... do .... 93.7 92.1 92.0 92. 7 93.4 912.0 90.3 90.3 9l.6 93. 4 92 :l r 92. (i 93.2 Trade: Retail, totalt...... do .... 90.6 87.0 91. I 89.8 91.2 91.9 89.1 88.7 92.8 94.3 96.3 '108.1 91.2 General merchandisin~t ...... do .... !!3. 8 87.9 96.4 92.9 95. I 9f). 2 90.3 90. I 99.4 103. 5 Ill. 4 ' 152. 2 95.9 Wholesale ...... do .... 9l.:l 90.2 90.5 89.3 88.9 89.6 89.2 90.1 9fl. 9 91. () ~..~~. ~ r n2. 5 90.9 Miscellaneous employment data: (~onstruction, Ohio ______1926= 100. 47.2 31. I 31.2 35. 7 42.9 47.6 49.4 ,)]. 9 52. I 54.8 .1]. 4 49.2 45. 7 Federal and State highways, total.. number .. ---- 163. 592 Hi4, 726 205, 164 258, 162 286. 100 301,773 310.082 303. 225 3t)l, 578 2.50.014 182.509 161.875 Construction (Federal and State) .do ...... 43. 267 60,417 93.726 131,970 152.049 165,528 172.379 172.304 161.252 121. iiJ.) 74, 2RO 5.1, 455 MaintQnanee (State)_ .do .... ··-- 120.825 104,309 Ill, 438 126,192 134,051 136. 24,) 137, 70~ 130,921 140. 321i 128.499 108, 229 IOfi, 420 Federal civilian en1ployees: United States ...... ------· _do .... ---- 938.975 947,427 91l9. 523 980,391 1,014,053 1,025,480 1,039,451 1,058,639 1.086,171 1.111,530 1,185,558 1,151,148 District of Columbia ------_do ...... 127,783 128,642 129, 677 130,938 133,856 138,471 142,899 145, 557 149,479 152.1i05 155,973 158,587 Railway employees (class·'[ steam railways): Total ...... _...... thousands __ ------1,014 1,006 1,004 1,032 1, 055 !,Oil 1,081 1,088 1, 094 1,06.1 1, 048 Indexes: ------Unadjusted ...... 1923-25=100 .. ------55.7 55.2 55.1 56.7 58.0 58.8 59.4 59.8 60. I 5~ 4 57.4 :l7. 0 Adjusted ...... ------.... do .... ------57.9 .)6. 8 55.6 56.0 56.7 57.4 57.9 .>8. 6 58.4 58.0 :,s. 8 59.4 LABOR CONDITIONS Average weekly hours per worker in factories: Natl. Ind. Con. Bd. (25 industries).. hours. 41.0 38.0 37.7 37.6 37.5 38.0 38. I 38.5 39.0 39.9 39. f) 40.1 '40. 2 U. S. Dept. of Labor (90 industries)._do .. ------37. 3 37. 5 37.2 37.2 37. ,) 37. 3 38.4 38.8 39.3 38.6 39.8 39.0 Industrial disputes (strikes and lockouts): Beginning in month ...... number .. • 240 '172 162 209 220 185 206 201 •2ll 218 200 • 160 • 220 In progress during month ...... do .... • 365 246 273 310 333 292 323 324 328 342 340 •290 • 325 Workers involved in strikes: Beginning in month ...... thousands .. p 60 '30 22 ag 52 36 61 60 66 68 63 p 40 p 6!i In progress during month ...... _.. do ... _ • .105 37 43 52 76 53 79 87 108 JO:l 98 P GO J) 8& Man-< lays idle during month ...... do .... • I, 000 '290 382 434 654 460 554 681 771 887 Gllll • 400 Jl62fJ Employment security operations (Soc. See. Bd.): Placement activities: Applications: Active file ...... thous~nds .. 5,095 5, 920 5, 025 5, 682 5, 724 5, 734 5. 565 5, 2ll 4, 911 4, 619 4, 568 4, 7GO 5,09:1 New and renewed ...... _...... do .... I, 371 1, 304 I, 351 I. 515 I, 32g 1,318 I, 401 I, 274 1, 207 I, 391 I, 333 I, 495 1,826 Placements, total,..... - ____ ...... dQ .... 34.> 203 243 295 350 330 30~ 331 353 407 365 378 3fi:J Unemployment compensation activities: Continued claims ...... thousands .. 4, 047 5, 825 5, 670 6, 614 7, 253 6,525 7, 292 5,881 4, 258 4,000 3,622 '3, 993 4, 931 Benefit payments: Individuals receivin~ payments§ ... do.. -. 806 985 1, 095 961 I. 201 I, 269 1,220 I, 125 875 698 676 667 82t) Amount of paymenjs ...... tho us. of doL 34, 611 44,328 47,130 42,286 54,879 53,618 55,741 51,695 36, 594 32,231 29,561 30,886 39, ~70 Labor turnover in mfg. establishments: Accession rate .. mo. rate per 100 employees .. 4. 92 2.92 2. 94 3.05 3. 36 4. 76 4. 77 6.~3 6. 21 5. 52 4. 65 4. ll 5. 54 Separation rate, totaL ...... do .... 3.15 3. 56 3.46 3. 66 3. 78 3. 36 3. 35 3.00 3. 22 3. 23 3. 06 3.16 3. 41 Discharges ...... do .... .19 .16 .15 .13 .13 .14 .14 .16 .16 .19 .18 .16 .IS Lay-offs ...... do .... l. 20 2. 67 2. 53 2. 69 2. 78 2. 32 2. 25 I. 63 1.48 I. 53 1.60 l. ~6 !.til Quits and miscellaneousf ...... do .... I. 76 . 73 • 78 .84 . 87 .90 . 96 1.21 !.58 I. 51 I. 28 I. 14 J.G2 PAY ROLLS Manufacturing, unadjusted (U. s. Department l923-25=100 .. 126.4 of Labor)t ...... 99.3 99.8 97.9 97.8 99.5 98.2 105. 5 111.6 116.21 116.4 122.4 '120. 7 Durable goodst ...... do .... 138.6 97.8 98.7 98.4 98.7 101.4 97.4 106.5 115.1 123.4 125.1 131.6 '131. 9 Iron and steel and their products, not in- eluding machinery., ____ .. 1923-25=100 __ 136.3 100.9 96.5 94.9 97.2 102.8 104.3 113. 5 118. I 123.6 '125. 8 ' 133.0 • 130.7 Blast furnaces, steel works, and rolling mills ...... 1923-25= 100 .. 144.3 110.2 101.8 98.6 103.1 113.9 116.2 124.8 128.2 131.0 134.6 142. 1 J:l\l. 9 Hardware ____ ...... __ ... do .... 134.6 100.9 104. 7 104.0 101.9 85.8 85.7 106.5 ll3. 5 118.8 122.3 128. 4 • 130.4 Structural and ornamental metal work 1923-25= 100 .. 93.7 60.3 59.5 61.2 61.7 64.8 67.6 72.9 74.8 79.6 78.7 s6. o I 89.0 Tin cans and other tinwarQ ...... do .... 112.4 93.0 99.6 101.0 100.9 113. 5 113.4 121.9 ll6. 8 113.1 104.1 Wl.2: ' 112.4 'Revised. • Preliminary. tDesignation changed from "quit" as separations such as deaths, permanent disabilities, retirements on J>ensions, etc., are included. §Data are a weekly average of the number receiving benefits, based on an average of the weeks of unemployment compensated during weeks ended within the month. , Compilation of separate figures for private placements. shown in previous is.ues of the Survey through February 1941, has been discontinued by the reporting source. tRevised series. Telephone and telegraph inde~es revised beginnin~ 1932, other indicated nonmanufacturing employment series beginning 1929; see p. 17 of the April 1940 ~urvey; subsequ~nt r.evisions in indexes for street railways and busses beginning 1932, superseding those shown in the April Survey, appear in table 27, p. 17 of the May 1940 1ssue. For revlswns m pay-roll mdexes for all manufactunng and durable goods for 1938 and 1939, see table 12, p. 18 of the March 1941 Survey. For revisions in IJlinois and Chicago indexes, see note marked with a "t" on p. 29 of the January 1941 Survey. Index for Wisconsin revised beginning 1925; data not shown on p. 26 of the February !941 Survey will appear in an early Issue. 28 SUHVEY OF C'UHRE'\T Bl':.;;J:\E~~ April Hl-11 Monthly statistics through December 1939, to- [ 1941 I . ------lll-t(~------~ -- - 19-ll 1 r::~:r.::~e~xo~ th~·~:ra.n~:; b~1o~~dri:~h~ I Febru- Febru- ~arch-~--:~1----;l:~~- --J~:;:-_·- Juh·----~ug~::- Sep- ~ctob·e~:.::ovem-1 Drcrm-. Janu- 1940 Supplement to the Survey . ary ary _ [ · 1 · 1 - "· . ___· _:__ · __ ; · I tember i 1 ber 1 ber 1 ary EMPLOYMENT CONDITIONS AXD WAGES~Continued PAY ROLLS-Continued I Mfg., unadj. (U.S. Dept. of Labor)-Con. I Durable goods-Continued. Lumber and allied products .. 1923-25=100 .. 70.0 Gll.ll I) I. 0 Gl. 4 1)~). :1 i (il), 7 r.s. 3 71. 2 73. 7 70. 9 71. 5 'liS. 1 Furniture. __ -.- ______do ____ l 8U. Y j'()_t-; JJ.J 71.2 7 L ~ : 74. 3 ):-Sl. 7 87. 4 91.3 90. 4 92.1) '84. 2 Lumber, sawmills ______do ___ _ 5H. tl .12. () o:l.:l 5o. 4 ;-):-;.:3 s:). u ti~. 2 63.8 fl.\ 1 till. 9 60.4 r 59.2 1\:Iachinery, excl. transp. equip ______do ___ _ 174.9 119. 3 121. ;j 1'21.() 122. :) 1'20. 7 J:ll.O t:l7.!) 145.3 149.3 '162. g ' 167. 5 A~ricultural implements (including trac- tors). ______1923-25=100 .. 1G3. 8 1G7. \J lllfi.l 1G4. 0 148. g 152.0 156.2 158.8 160.4 171.3 '180. 9 Electrical machinery, apparatus, and supplies ______.. 1923-25=100.. lil. (.i 111.6 113. s 112. 7 11!. 3 IlK. 3 11S. 1 131. 4 138.2 145.0 157.5 '163.0 Engines, turbines, water wheels, and windmills _____ ...... 1923-25=100 .. 345.2 ]'jl_ u 175. 7 210. i 24\J. 4 263. 4 r 275.0 '305. 5 '331. 4 Foundry and machine-shop products 1923-25=100 .. 1 134.\1 9-t 2 \j,j_ i i).). 4 94. li \.13. 8 9!i. :~ !111.:3 JO,,, 4 111.7 ' 114. ti 1~U.6 r 12~. / Machine too!s' ______do .... H\1.0 270. 7 281. 6 207. 1 28!::1. 7 I :W2. V :J07. s :J02. g 332.3 352.3 355. 4 3\11.2 '414.0 RadiOs and phonographs ______do.... H:l. \1 113.0 109.5 1Hi.O 120. n I:H.U 138. ,j 149.8 1Gl.5 164. 3 155. 7 162.9 '1H.3 Metals, nonferrous, and products _____ do.... 1 1.\L 4 HJ:l. 4 10~. 8 103.1 Hl:l.li 10.1. 8 JOt>. 9 117.0 128.0 136.3 r 141.7 14\l. G r 146. 2 Brass. bronze. and copper products. do.... 221;. :J 1:lo. 4 U/. 2 t:J:l. 0 ]:34. 2 40. b 14(). '2 100.7 lTi.ti 190.0 201. G 21\l. 3 T 220.6 Stow:\ clay, and glass produt.:ts ______do____ :--s1. :"! H;'). 3 l;s. :J 72.2 7-1. tl 73. 4 71. 1 ifi. 7 7~. i' 83.0 '82. 0 '8.\. 6 '79. 4 Bric·k, tile, and terra cotta ______do____ o:t-1 a~~. li 41.5 40.2 4\1. 2 51. 1 51.8 53. t) .54.() 55. 1 T ,)4. 0 r .)fi. fS r 54, 6 Glass ------~------do___ 1:15.:! HI~. 3 112. k 114. 2 112. t) 11.0 10'-. 2 116.0 120.7 129.8 130.8 137.6 ' 131.2 Transportation equipmentt---- ______do_.__ HH. 7 1211. 1 12i). u 12-l. :; w;_ 5 2l.O 98. ~J 115.8 14t.o lt\:3. 3 16().1 T lfl9. 2 r 176. 1 Aircraft*------______do___ 1;, ft2.~. :) 2, 183.9 2,3H:l 2, 41.\. (I 2, tiOL fl 2, \1()8. 2 3, 124. r, 3, 727. 4 4, 211.9 4, ti3V. 4 5,012. 9 356.3 912.2 Automobiles ______do .... ! lliiJ. -1 ll9. 1 122. ~ 121. 2 111.1 J 12.0 bl1. 5 9tl.1 125. 2 149.3 150.5 r 1-!4. t) T 1-!i,.) Shipbuilding* ______.. ___ .do ___ . :l:J,o. o 149. \J JG9. 3 Hi9. 4 HIO. 4 JS.i 8 1\l:l. 4 211.6 227. f) 2H.3 239.0 '288. 3 '308. 2 Non durable goodst _____ .. ______...... do .... 112. ll llil.O 101.11 97.3 9tj, s 97. 4 99. 1 104. ~ 107. 7 108.1 106.6 112. 1 '108. 0 Chernical, petroleum, and coal products 1 1923-25= 100 1H.4 131.4 132. 5 133.4 133.6 13:!. 2 13:3.0 134.4 138.2 139.3 '139. 7 '144. 3 '142. 1 Chemicals ______.. ______.do .. W-1.0 1Eo9. 7 159.3 15~. () lf>1.9 165. 2 167.2 169.3 170.9 176. 2 181.7 187.9 '188. 2 Paints and varnishes______do 142.0 12,. 3 130.;, 131.9 13G. :; 136.2 \:12.4 132.1 135.6 135.8 '135. 7 r 138.7 T 137,4 Petroknm refining _____ ------·-- __ do l:ll. 6 134. 4 l:l5. ~ 136.9 130. s 1:17. I 131l. ti 137.4 139.3 136. 2 133.3 139.11 'l:l2. 2 Rayon and allic•d products .. ____ .do_ :J:l7.0 3Zl. ~l :nn. u :lll. 1 ~lll. 4 :·14.3 :ll4. 7 318.0 327. i 322. 6 331. 4 3:l4. 4 :n;,. 9 Food and kimlr<' r Revised. tRevised series. Sli~ht rE'Yisions were made in data for tt•xtilPs and their rroduC'ts and fahrie.-: hPf!innin~ 19~):): reYisions not shown on p. 27 of the ~lav 1940 SurYey are available upon request. For rrdsions in Illinois and Chirarw ind<'X<'~. s~'(' noll' ltl:Jrkpd with a "t'' on p. ~~J nf thf• Janw-u~· HHI Surn•y. IndPx for "·isconsin ~re.Yised beginning 1925; rlata not shown aho\·e \Viii appear in an early issue. Indt''\ for tran:'pl)rt ------~------=-======Monthly statistics through December 1939, to 1941 1940 I 1941 gether with explanatory notes and references ------I~;--·---~---·----~------···------~ I ______to the sources of the data, may be found in the 1940 Supplement to the Survey F~~~u- F~~~u-1 March I April I May I June I July I August I te~b~r I October I Nb~~m-1 I),~~;"· I J~~~r ------~--~- EMPLOY~IENT CONDITIONS AND "\VAGES-Continued WAGES--Continued i I Factory average weekly earnings-Continued. U. S. Drpartmcnt of Labor-ContinUl'd. I Durable goods-Continued. I Lumber and allied products ______dollars_+-- H).G\.1 19.\ll 20.110 20.22 20.17 Ill. 37 20.81 21.06 21.49 20. 7.1 2l.Oti 20. 72 21). 91 21. 1.) 20.70 20 .•)9 20. (ij 20.28 21.39 22.07 22.49 22.23 22. (i4 21. 42 r~~bt~~~r~-a,\·-rli-iifs-_~ ~-:: ~: ~ ~: ~::: =~{~== ~ ~1::: · IS.l9 1~.49 18.\l:l 19.43 19. :l2 IR. 02 19. 79 19.85 211. 23 19.06 1\l. 2\l 19. 59 Machinery, excl. transp. equip _____ do __ _ 2V. 07 30.15 29.97 30.11 :3o. 41 30.29 30.67 31.22 31.71 31.65 3:3.13 :;:;_:H Agricultural implements (including tractors) ______------.dollars ___ _ 31. 14 31.37 :H.·l3 31. 42 30. 74 .>O. 42 30.87 31. 17 31.41 31. 29 31. 87 Electrical machinery, apparatus, and supplies ______dollars ______. 29.5:1 ~9. 98 29.70 :JO.Ol .>O. 52 30. 14 30.92 31.21 :n. 2G 31.61 3:l.IJO Engines. turbines, ·water wheels1 and windmills______dollars_ 34.09 34. 4:; 34.35 :35.05 '3(\. 00 36. 24 36. 74 36.21 3K 17 39. 12 Foundry and machine-shop products dollars ______2R. gg 29.:3\1 29.27 2~1. 2il 2~. 41 2\J. 33 30.12 30. :!1 :n. ts , :;o_ 95 :~:.?. K5 :!2. 51 1\lachine tools* --~-·-· __ do ______3ti. GO 31\. gg 311. 72 :{tl_ :35 :1n. (iS :Jf>. 4.5 :l.S. 48 37.02 :n. 73 :lti. 8.0 :m.:in 40.08 Radios and phonograph~ ______do ___ _ 22_19 22. :;o 22. 41) 23.09 n.nl 23.90 2:3. 49 24_ 89 24. 7-i 2:l. 97 2.~. 4\J 24.118 1\:letals, nonferrous, and products. _do 20. (\I) 2il. 90 2fi. 7ti 27.02 27.25 27. 12 28.18 29.88 ao. oo :Jii. 02 :ll.li:] :JO.Ii2 Brass, bronze, and copper vrod_.do 28.91\ 2!l.l11 28.74 29.00 29. ns 30. 7:l 31. 55 a2. 97 3:!. (\j 33. 98 ;{.1. 74 3;), Hi Stone, clay, and glass products_ .. _do_ z:~. 71 21. o:J 24. 4!1 24. 79 24.20 23. 4\l 24_ 81 2.1. 27 2fi. 7.1 2.). 17 2tl. 2.1 2.1. 12 Brick, tile, and terra cot tat ______do_ 19.30 19 .•~5 1!197 20. f>,1 20.97 20.95 21.49 21.62 21.87 21. 47 22. fJ2 21. 74 Glass______.do_ 2.~. S9 21). 02 21\.49 21\.18 25. 89 24.91 26.56 21l. 90 27. HO 27. 2G 2X. 77 28.00 'rransportation equi prncnt. . do. a:1. 47 34.39 34.40 32.83 :34.21 31.88 35. 41 35.60 37. 89 31\. :l9 :~:i. nn 3f.i. 5fl Aircraft*______do 2S. 7:! 29.96 29.75 29.69 31.18 30.48 31. 79 32.37 32. G2 32.93 r :~3. 17 :34. l:l Automobiles___ do 31. so 35.53 35.78 :33.47 35. 2R 32. 2f> 37. 13 31). 67 39.24 38. 11 :J(i . .14 :n.Ht Shipbuilding*! _do ___ _ 31. s:l :1:1.68 :n. 25 34.20 :14. 17 14. 03 34. Sf> :Jf>. OS r 31i. na r 3·!. l)a , :1s. so :l7.1l0 Nondurable goods__ ___ do __ 21.73 21.86 21.19 21.72 21.81 21.87 22.10 22.20 22.28 22.08 ~;{_ 09 22. Iii Chemical, petrolL•um, and eoal products dollars __ 29.:11 29.14 28.99 29.73 :10. os 30. 12 :m. 16 30.08 29.96 29. 87 :Jo. go 3o.:N Chemicals______do :ll. 79 31.72 31.83 32.09 :32. z:J 31.95 32.18 31.80 32.39 32. 72 :l:l.:l:J :1:!. 10 Paints and varnishes______do 28.4:1 28.\l:l 29.02 29.62 ~9. fl5 29. l:J 2\l. 28 29.40 29. tiU 2~1. 3.1 r :~o. 15 2~1. Xt) do Petroleum refining ______34.78 34. 91l 35.34 35.14 34.84 34.73 34.94 3.5. 20 34.93 34.32 ;{ti. (J() :H.4ti !{a yon and all ic>d vroducts __ _ _do __ 26.33 21i. 26 26.12 21i.27 26.36 26.32 26.53 26.99 26.53 ~ Monthly statistics through December 1939, to-~1941 1940 1941 gether with explanatory notes and references ---I ~ ------1 to the sources of the data, may be found in the Febru- Febru·J M h A . M J A t Sep- t b Novern-1' [ 1940 Supplement to the Survey ary ary arc I pn1 I ay I Lne I July I ugus Itember I0 c o er I ber Decem~ ber Janu~arr ------·------·------~------EMPLOYM.ENT CONDITIONS AND WAGES-Continued WAGEs-Continued Factory average hourly earnings-Continued. U. S. Department of Labor-Continued. Nondurable goods-Continued. Rubber products.~~~~~~~~~~~~~~~ ~dollars_~ 0. 777 0. 779 0. 779 0. 778 0. 780 0. 785 o. 779 0. 780 0. 774 0. 781 o. 7S4 0. 780 Rubber tires and inner tubes~-~~~do~ ~~ ~ _____ ~ • 964 . 963 • 966 ' • 968 • 967 . 971 . 960 . 971 . 962 . 971 . 971 . 9.17 Textiles and their products~~~~~~~~~do~~~~ -~-~~~-~- . 505 . 496 . 496 . t,os . 495 II .502 . 512 . 514 . 509 . 504 .•1117 . ,112 Fabrics~~~~~~~-~~~~~~~~~~~~~-~~~ .do~-~- .484 .482 • 482 .484 .484 I . 486 .486 .487 . 487 . 487 I . 4SS .-W2 WeMing appareL ~-~~~~~~~~~-~~-~do~~~~ • 544 • 543 . 519 I • 518 .518 .534 • 558 • 563 . 552 . 539 . 5-lt . ;):}2 Tobacco manufactures_~~-~~~~~~ ~~~do~-~~ • 491 .490 . 493 . 497 • 505 . 502 • 492 • 487 • 484 .486 . 49\1 ..H),..; Factory average weekly earnings, by States: Delaware~~~~~~_~~~~~~~~~~~~~_~~ 1923-25 = 100~ ~ 106.4 92.1 93.4 96.3 94.9 H 6 94.6 90.4 93. I 95.4 •97. 0 104_ 0 r 'JS. 1 Illinoist ~ ~ ~ ~ ~ ~~~~~ ~ ~~~~ ~ ~~ ~ ~ ~~ ~~1935--39= 100 .• 117. 5 108.8 108.6 108.2 108. 7 110. 3 109.6 111. 0 112.0 113. 5 112.4 llfi. 8 115.6 Massachusetts_~~~~~~~~~~~~~--~ ~1925-27 =100.~ 111.7 95.9 98.6 96.7 97. 6 98.7 101.1 101.3 104.2 103.8 102.7 108.8 107. fj New Jersey~-~~_~-~~_~~~~~~~~~~ ~1923-25=100~~ 136. I 116. 4 118. 6 118.7 120.4 1~2. 6 121.3 122.6 126.6 127.5 127. 6 1:34. ~ !33, s New York~~~~~~~~~~~~~~~_~-~~~ ~1925-27= 100. 106.0 95.4 97.4 95.1 96.2 97. 5 97.6 99.4 101.0 100.8 100.4 '104. 4 JUl..) Pennsylvania~~~~~~~~~~~~~~.~~~~ 1923-25 = 100 121.4 105. 2 106. 3 105.9 107.0 108.9 107.9 111.8 113.6 115.8 115.5 120. ~ , 117. 5 Wisconsint ~ ~ ~ -~~ ~~~ ~-~ ~ ~~~~~~ ~~1925-27= 100 121.1 107.8 i 109.0 109. 1 111.1 111.0 107.4 110.3 111.4 114. ti 116.0 IW_IJ 117. (i Miscellaneous wa~:e data: Construction wage rates (E. N. R.):, Common labor~~~~~~~~~~~~~~dol. per hour~~ .713 . 685 . 685 • 685 . 690 . 703 . 707 . 707 . 711 . 711 . 711 . 711 .ill Skilled labor~~~~~~~~~~~~~~~~~~~-~~ ~~-do~.-~ 1. 47 1. 47 1. 47 1. 47 1. 47 1. 47 1. 48 1.48 1. 48 1. 48 1. 48 I. 48 1. 47 Farm wages without board (quarterly) dol. per month~~ 36.41 37.18 36.84 36. 61 Railway wages (avg., class I) ~~-dol. per hour~~ . 751 . 735 . 731 . 723 . 728 . 723 . 719 . 737 . 725 . 741 . 746 Road-building wages, common labor: United States, average __ .~~~~.dol. per hour .. . 43 . i3 . 41 . 42 . 45 46 .47 .47 .47 . 48 . 48 .4:1 East North CentraL.~~~~~~-~--~~~~do.~~~ • ()7 . 62 . 69 . 66 . 61 -63 . 61 . 62 . 61 . 63 . 63 . 68 East South CentraL.~.~~~~-~~~--~~do .. ~~ . 33 . 33 . 33 . 33 . 33 33 . 35 . :J5 . 34 . a5 . 34 . a.-; Middle Atlantic~~~.~~~~~~~~~~~~~~~ ~do~~~~ . 59 . 62 . 59 . 57 . 52 54 . 53 . 54 . 53 . 54 . 56 .. w Mountain~~~~~~-~~~~~~--~~~~~~~~. ~~do~~~~ . 53 . S9 . 55 . 55 . 56 [J6 . 56 . 56 . 55 . 54 . 54 . 51 . 59 . 50 . f,~~ . 5~ . 53 49 . 49 . 50 . 50 . 51 . 56 '5:) ~:citfc~gla~n~:::: :: ~: :::::::::::: :~~::: _ . 72 . 72 . 70 . 74 . (i7 tiS . 68 . 68 . 68 . 70 . 72 . 70 South Atlantic.~_~~~._~~~~ ____ . _~ .. do~~-~ . 34 . :l2 . 32 . :l3 . 33 :l3 . 32 . 34 . 3:l . 34 . 35 . 34 West North CentraL.~-~~~~~~~-~~~do~~~ . 48 . 50 . 4.1 . .!.1 . 45 46 . 47 .47 .48 . 49 . 49 . 47 West South CentraL~~~~~-~~~-~~~~do.~~~ :l~ . :l~ . 3~ . 38 . 38 . 39 . 38 . as . as . 38 . 37 . :l8 PUBLIC ASSISTANCE 'l'otal public assistance and earnings of persons employed under Federal work programst mil. of doL. 254 248 239 212 213 203 216 209 Assistance to recipients:§ Special types of public assistance~~-~.do~~~~ ,II 51 51 51 52 53 53 53 54 .~5 f)tj Old-age a•sistance• ~~~~ ·~· ~--~~.~.~--do_.~~ 89 38 38 39 39 40 40 40 41 41 42 General relieL~~-~ ~ ~- ~ ~ ~ ~~ ~ ~ ~ _~~.~~_~do_~ 40 39 37 34 31 32 32 29 29 29 311 Subsistence payments certified by the Farm Secunty Admmistrati 1 1 0 1 94 1 1940 1 1 0 5 0 0 ------···-- ... --- ·i_!_!)__4_l Motgo~~t~hee~so!,u~r~cie•~.-~o;r t!h~e~';..duargtyah, m~t"aeyeb~e~reo~uen~d!:,:n;, ttohee; I F e b r u~-~---F--e-br·u·:--~--M·--ar·c···h·-~--A-·p-r-t:l· -~- _M_a_y--~--Ju_n_e --~ --~-- 1 1940 Supplement to the Survey ary ary July I August I te~b~r IOctober IN'bve~m·l Db~~m· !~;" ·-·· --- . --'---~---'----'-----'-----'-----'------FINANCE-Continued BANKING-Continued I I Federal Reserve banks, condition, end of mo.: Assets, total ______mil. of doL. 23,528 19,497 19,677 20,042 20, 58.5 21,408 21,801 22,176 22,440 22, ~65 23, 017 23,262 23,306 Reserve bank crodit outstanding, total mil. of doL 2, 265 2, 547 2, 529 2, 518 2, 519 2, 531 2, 484 2, 516 2, 485 2,412 2, 30i '2, 274 2, 2.50 Bills bought ... ______do ____ 0 0 0 0 0 0 0 0 0 0 0 0 0 Bills discounted ______do. ___ 3 7 4 3 3 2 4 4 5 4 4 3 2 United States securities ______do ____ 2,184 2, 477 2, 475 2,467 2, 477 2, 466 2, 448 2, 436 2, 434 2,333 2, 199 2,184 2,184 Res\>rves, totaL ______.. ______do ____ 20,366 16, !81 16,451 16,809 17, 346 18,120 18,579 18,959 19,272 19,632 19,881 20,036 20, 28.o Gold certificates _____ .. __ ._. ______do ____ 20,031 15,813 16,076 16,428 16,994 17, 754 18, 202 18,618 18, 940 19,289 19,586 '19, 760 ' 19,913 Liabilities. total ____ ..... __ ._. ______.. _.do. __ . 23,528 19,497 19, 6i7 20,042 20, 585 21,408 21,801 22, 176 22,440 22,865 23,017 23, 262 23, 306 Deposits, totaL ------·-do ____ 16,351 13,630 13,815 H, 152 14, 575 15,213 15,575 15,867 16,063 16,218 16, 191 16, 127 16,39!i Member bank reserve balances ---.. do ____ 14,203 12,328 12,42.1 12,919 13, 237 13, 781 13,498 13,541 13, 727 14,208 14,215 14,026 13,930 Excess reserves (estimated)...... do ____ 6, 534 5, 692 5, 828 6, 149 6, 385 6, 857 6, 514 6, 525 6, 655 6, 960 6, 849 6, 615 f>,380 Federal Reserve notes in circulation .do ____ 6,022 4, 872 4, 931 4, 941 5, 0,)7 5,199 5, 248 5, 370 5, 450 5, 577 5, 743 .>, 931 5,884 Reserve ratio __ ~-- ___ percent.. 91.0 87.5 87.8 88.0 88.4 88.8 89.2 89.3 89.6 90.1 90.6 90.8 nLo Federal Reserve reporting member. banks, con· dition, Wednesday nearest end of month: Deposits: Demand, adjusted ______mil. of doL 23,431 19,414 19, 175 19,696 20,287 20, 510 20,984 20,901 21,152 21,858 '22, 189 22,299 22,932 Demand, except interbank: Individuals, partnerships, and corpora· tions .. ______.mil. of doL. 22,812 18,929 18,743 19,253 19,696 20,167 20,499 20,415 20,741 21,266 21,771 22,324 22,401 States and political subdivisions. _.do ____ 1,820 I, 432 1, 351 1, 594 1, 578 1, 434 1, 497 I, 440 1,463 I, 651 1, 495 1, 595 1, 579 United States Government._. _____ do ____ 332 559 562 560 560 .515 505 509 508 506 509 451 214 Time, except interbank, totaL_. mil. of doL_ 5, 478 5, 302 5, 373 5, 323 5, 333 5, 352 5, 341 5, 380 5, 381 5, 371 5,397 5, 455 5,448 Individuals, partnerships, and corpora- tions .... ____ . ______mil. of doL 5, 273 5, 085 5,165 5,121 5,120 5,146 5,144 5,174 5,187 5,171 5,180 5, 234 5, 240 States and political snbdivisions .... do ____ 179 201 188 183 191 183 175 182 170 175 192 196 185 Interbank, domestic. _____ . ______do. ___ 9, 253 8, 085 8, 424 8, 460 8,431 8, 577 8, 239 8, 50.) 8, 734 8, 707 8, 843 9,065 9, 076 Investments, totaL. _____ ... ______do ..•• 16,955 14. 740 14,666 14,881 15,049 15,124 15,461 15,622 15, 544 15,693 1.5, 774 ltl, 137 Hi, 368 U.S. Govt. direct obligations, totaLdo ..•• 8, 851 9, 081 9, 202 Bills ...... _____ ... ______do ____ 10,334 8,848 8, 960 9, 4,57 r9, 373 9, 280 9, 374 9, 543 9, 719 9, 900 727 647 509 593 627 757 791 705 628 736 784 6ll 685 Bonds .... ______do ____ 6, 469 6, 518 6, 496 6, 528 6,382 6, 567 6, 573 Notes __ .. ______do ..•. 7,052 6, 540 6, 804 6,898 '(\,978 7. 051 2, 555 I, 735 1,821 1,871 1, 926 2, 063 2,099 2, 095 2, 112 1, 834 I, 861 '2, 130 2, 214 Obligat.ions fully guaranteed by U. S. Gov· ernment.______mil. of doL. 2, 766 2, 421 2,380 2. 427 2, 399 2. 405 2,418 2. .184 2, 582 2, 627 2, 707 2. 743 2, 744 Other securitie~ ... ____ . ______. __ . ____ do ____ 3, s.o5 3, 468 3, 438 3, 494 3, 569 3, 517 3, 586 3, 665 3, fl82 3, 692 3 ..)24 3, 67.1 3. n74 Loan.~. totaL ••.. ______------____ do ____ 9,495 8, 528 8, 649 8, 661 8, 475 8, 462 8, 517 8, 566 8, 785 8, 909 9, 128 9, 390 9, :lOS Commercial, industrial, and agricultural loans. ______mil. of doL_ 5, 227 4, 324 4,414 4, 409 4,367 4, 438 4,441 4,480 4, 630 4, 773 4, 911 5,018 5, 076 Op r Revised. !Revised series. See footnote marked "t" on page 32 of this issue. 'New series. For data beginning 1929 for industrial banking companies, seep. 18 of the September 1940 Survey; data b9ginning 1929 for personal finance compani~s will be shown in a subsequent issue. 32 SURVEY OF CURRENT nc;;;I :\ ESS April l!Hl Monthly statistics through December 1939, to- ' 1941 19-1-0 gether with explanatory notes and references ~ I ]~!~~~~~~~;~; t~~~~~~ b::~u~~~~ t::_:-~E~ __:~Z1~larch J~r:il__l_~' ,-~u:: __ '-~uly August FIXAXCE--Continued ------COMMERCIAL F AILURESt-Continucd I Failures-Continued. I Retail trade, totaL ______.. number . 719 642 754 781 /,17 fi85 738 732 -588 1)81 fi46 691 771 \Yholesale trade, totaL ______.do __ _ 1 104 102 123 114 120 113 llfi 102 !OS 115 89 102 9.5 Liabilities, grand total_.___ thons. of dol I t:l, ~~} 13,472 11, 681 16.247 13,068 1::. 734 16,213 12,997 II. :197 12, 715 16, ,)72 l:l. 309 11, ~88 Commercial service, total.~~::: .do_.::l 5i5 1-~2 911 570 1,100 .5\)4 5G2 541 57-1 596 fi65 I 3,)9 f"1onstruction, totaL______rio ___ _ x:~r; I. 6.1.\ (it)," ], .~-17 I. 201 n~·l 847 I, 272 893 1\.i-1 838 1.01:1 , 5Wd Manufacturing and mining, total do ___ _ f),H>,:{ 4, Xi() 4, 21-t fl. 8i'i~ 4, ,)L)f) 4. ~J!d 7, (J.)O 4, :lS6 4, 740 .1. 247 9, 0\10 .1, gz-.: 4, :!17 Mining (coal, oil, miscellanpous) do .... 2\11 22ti 142 4~S 201) 411 2. 2.\1) 421 1. :]4.i 3t\l 3. 067 117 l!li Chemicals and allied products do ___ .1 11:1 2911 :l3G ;i2 117 411 27)~{ :ll lfl"i 432 444 4-11 S;-.. Food and kindred products.. •!o I. 1114 84\1 l. t)~i 7.10 1. i\112 tll!l 770 2i2 I. 074 1, 012 2, 3-!7 ?<.lH jf).-) Lumtwr and products__ do G7fl .>:18 ~14 r~-tx :l4~ ~4r1 Bf\6 22i 3-58 2;l4 2if) Iron and steel and product$ __ _ do :1St tiX ·17() :~07 1:1~ 1:1~ 'l.S ~ 12~ 49 92 36? 708 .i.).) Leather and leather products __ do 121 247 2-t2 1'l0 214 ~:)I f\4 Hl7 W\ !00 75 l;):'o; 1\lachinery ______. ____ .. __ . _ __do 21 ~ rl):) .S]2 lll!i !l2 201) 2~, 9119 :125 141) 142 175 1:2 2B Paper, printing and puhlishing ______do ___ _ lX:i goG 2()7 I, 344 2/8 22!) 272 288 399 8(!0 250 2.59 .12--t Stone, elay, and .glass products_. _____ do ___ _ 2! 52 71 182 32 82 lSI! 16 112 69 25 422 16:3 Textik-mill prorlucts and apparel. __ do. __ _ fiOO 497 696 7.)2 s:JG 1, 02G I, lS-I 1, 171 nns I, 44:1 o:J~ 873 b:.W Transportation equipment. ____ .do ___ _ (ill) 214 107 251 8i 140 58 40 2.:i9 :l7 I. 399 L5 1\.1iscrllnneous ___ do ___ _ I, 2~8 234 309 1,0411 -140 774 383 !EM 316 380 .1/8 2tl2 43:; Retail trade, total ______·-- .do.__ _ 4, .\Ill 4. 503 4, 647 ;,, 21n 5, 14.~ ;i;)H 5, 9fi4 5, O:)ti 3, fifl3 4, 1\l-1 4.1i99 4, 097 .\.OK! Wholesale trade, totaL ______do ___ _ I. iii! 1,Sfl3 I, 340 1, 6f1G 1, G4tl 1 38:1 1, 758 I, 721 I, 660 I, S·lfl I, 349 1. 571) 1, f12U LIFE INSURANCE (Association of Life Insurance Pre&idents) Assets, admitted, totalt .. mil. of doL 24, 130 24,240 24. 339 24,420 21, 4()4 24. H23 24,719 2!, 8fi9 24. 9fl3 23, 07G 25, 170 Mort!(a!(e loans, total ______do 4, .143 4, ,)52 4, 5.)5 4, 513 4, 591 4, 608 4. 621 4. 6.10 4. 670 4, 69-1 4. 697 Farm__ ___ do_ fi59 661 661 6li2 fi(i3 ()03 6()3 663 f)()() 661 f)(j:i Other.______do 3, 884 a. R91 3. 894 3. III 1 3, 9ZS 3, VL1 3, [l58 3. 9~7 4. 004 4, 030 4, 034 Real-pstateholdings ... ______do I. 720 I. 711 I, 718 1. /It) I. 714 1. 71! 1, iW 1, 710 1. 707 1. 701 l,fit)l Policy loans Insurance written, ordinary, tota!.thot:s. of doL. 537, 557 506,212 567,872 574, 453 571, 625 553, 1)86 561\,061 528, 330 503, !27 ,j/3, 504 505,474 -196. 531 522, 762 New England______do ___ _ 46, .\49 39,6:13 43. 149 43, 976 42.416 41 --o- 40. 743 38, 0,)6 1\Iiddle Atlantic ______do ___ _ 39, 6'12 44. 112 38,381 40. 072 43, 440 148,981 144, 717 159, 172 1.\8, 1<74 157, 222 146: i\Ii1 1-51,409 133,296 129, OflG 15~. 087 139,103 l.l\J, 5~! 1.51, 318 East North Central ______do. __ 126.131) 120,47:1 132, 72S !32, 451 !3l. 230 123, :!70 129. 281 J 19, 572 113,821 130, 687 115,940 137. 459 121, 164 West North Central..------·- do ___ _ 49. 509 46, 6(il 53, 070 54, 293 5S, Sfi4 54. :~90 5~. OUi South Atlantic ______do ___ _ ?4. ~?7 50, 23R 56, t73 47, 328 58. 527 4fi, 9f\3 .10. 217 4z. 1~! 53.054 57, 784 55, ~97 58.1191 57, fi33 Monthly statistics through December 1939, to-~· 1941 1940 11941 gether with explanatory notes and 11eferences --I to the sources of the data, may be found in the Febru- Augu_s_t-,-I_S_e_p---~~-0-c_t_o_b-er--,-1N_o_v_e_m--·~-D-ec_e_m_·IJanu- Febru-1 March I April I May 1 June I July 1940 Supplement to the Survey ary ary 1 tem ber ber ber ary 1 I FINANCE-Continued ----~--~--~~----,--- MONETARY STATISTICS-Continued I I I Gold-Continued. Production, estimated world total, outside · I U.S.S.R. ______thous. of doL ------97,588 104, 051 106,852 106, 3671' 101, 3:Jfi 1' 110, 119 '109, 829 •107,027 •115,014 ' 109, 690 1. 109. 388 !07, 746 Reported monthly, total , ______do ____ ------81,345 88,059 p 90,940 p 90, 554 p 88, 267 i p 93, 8il p 93, 762 p 90, 881 p 99,001 p 93, 729 . p 93, 385 p 91, 743 Africa ______do ___ _ 44,311 46,006 p 47, 516 p 48, 471 p 47,027 • p 48, 475 • 48,702 11 47,5,53 p 49,031 p 48, 203 p 47, 771 p 48,918 f'anada. ______do ____ ------14,188 15,045 14,652 15, 488 15, 795 15, 982 16,318 15,416 16, 360 r 15, 7.~0 r 15,755 p 15, 775 United Statcso ______do ___ _ 13,300 16, 201 16, 391 16,483 14, 845 18,849 16, 035 17,065 21,744 ' 19, 692 19, 4:J4 16,646 Receipts at mint, domestic (unrefined) finr ounces 266, 601 179, 559 259,423 240,003 233,901 231, 486 368,330 307, 780 341, 402 447, 526 397, 336 338,006 263, 088 Currency in circulation, totaL. ____ mil. of doL 8, 782 7, 455 7, 511 7, 559 7, 710 7,848 7,883 8, 059 8,151 8, 300 8, 522 8, 732 8, 593 Silver: 817 298 657 594 177 884 15 180 139 87 68 123 319 fr~i,~~;~ :-:::::::::::::::::::: thot~s. of gg1::: I 3, 292 4, 070 5, 724 5, 170 4, 589 4, 673 5, 378 4,107 4, 656 4, 857 4, 721 4, 690 4,576 Price at New York ______dol. per fine oz ... .348 .348 . 348 . 348 . 349 . 348 . 348 . 348 . 348 • 348 . 348 . 348 .348 22,088 22, 501 24, 785 22,269 23, 423 23, 091 22,836 '23, 827 22,982 Pre~~~~~§: -~-o_ri~----_-_-_-_-_-_-_-___t~~~~: ~-f- fi~Jo o~:: 1:: 1, r,9o 1, 786 I, 770 1, 997 3,096 2,042 I, 791 1, 795 I, 673 1, 708 I, 642 Mexico______do ___ _ 6, 785 5, 723 8,140 5, 619 6, 511 6, 861 8,120 7, 990 7, 090 7,101 4, .568 United States ______do 5, 61! 5, 744 6,120 5, 8-10 5, 373 5, 530 4, 419 5, 049 5, 609 G, 367 6, 499 5, 733 Storks, refinery, end of month: United States. ______do._ 2, 295 2, 447 l, 385 I. 870 3, 997 I, 605 1. 557 1 1, 522 2,107 I, 730 1, 792 CORPORATION PROFITS (Quarterly) .Federal Reserve Bank of New York: I Industrial eorporations, total (168 cos.)~ I mil. of dol 246.6 I 226.0 184.8 Antos, parts, and accessork's (28 cos.) _do ______72. 3 19.4 Chemicals (13 cos.) ______do ______I :•:::::•1 ~~:i I! 32.9 30. 1 Food and beverages (19 cos.) ______do __ _ 17. I 21.0 17. 71 1\.JarhinPry and machine rnanufacturing i (17 cos.) ______. . ____ mil. of dol 9. 0 9. 0 8. 2 - :______J l\l<'tals and minin!! (12 cos.)__ __do ___ 4. 5 3. 9 4. 7 J: l't'trolPum (13 cos.)_____ .do __ _ 15.9 1- 12. I 8.8 Rtt'Pl (11 cos.)______do. :-35. I :18. I 58.9 /·: Miscellaneous (5.5 cos.)L ______do .. 35.0 :l6. 7 37.0 -j Puhlie utilities, rxcf'I)t stf'am railways and telephone eornpanil•s (nrt income) (52 cos.) : mil. of dol 61.4 52.0 I 44. 2 .F'cdrral Communicntions Commission: i I 1'clrphones (net op. income) (91 cos.) ... do ___ , ... 62.5 61.9 55.91 62.9 Intrrstatr Cornnwrce Commission: I Railways, class I (net income)______.do __ -~ d 12.8 1.6 I 68.5 121.5 Standard and Poor's Corporation (earnings) :6 f'ombinccl index, nnadjustcd• _____ l926=100 .. 92.6 87.2 p 78.4 p 111.4 Industrials (119eos.) ______do __ __ 102.5 ------JI 95. I p 79.9 p 115.4 Hailroads (class !)• ______do __ .. d 7. 7 0. 9 p 40.7 p 71. 2 Ctilitics (13 cos.).______... do __ _ 147.2 --- 136.4 p 109.5 p 10.5. 0 PUBLIC FINANCE (Jo'EDERAL) 1 I Debt, gross, end ofmonth ______mil. of dol 46,090 42, 375 42,810 42,971 43, 774 43,909 44, 075 44,140 44, 277 ' 45, 039 15,877 Public issues: Interest bearing ______do __ _ 40,002 37,493 37,671 37.605 38, 337 38,386 38,419 38,462 38,502 '39, 102 39,895 Nonintcrcst bearing ______do .. _ 554 526 .155 591 584 589 593 577 5GG '568 557 SpPcial issues to government agencies and trustfunds ______mil. of doL 5, 534 4, 356 4, 585 '!, 775 4,853 4, 934 5, 063 5,102 5, 209 .5. 370 5,426 Obligations fully guaranteed by U.S. Gov't: Total amount outstandingd' _____ mil. of doL_ 5, 914 5, 673 ii,535 5, 528 5, 526 •5,812 5, 808 5,810 5, 919 5, 917 5, 915 By agcncirs:d' :~~!II :~~ Federal Farm 2\fortgagc Corp. ____ do 1, 269 I, 269 1,269 1,269 I, 269 I, 269 I, 269 1,269 1, 269 I, 2fi9 1,269 1 1,2fi9 I, 269 IIome Owners' Loan Corporntion __ do ___ _ 2, 612 2, 78~ 2, 770 2, 763 2,t341 2,634 2, 631 '2,627 2, 623 2, 621 2, GIS 2, 615 2,614 Rl'construction J.i"""'inance Corp ____ do ___ . I, 097 1,096 1,096 1,096 1, 096 1,096 1,096 I, 096 1, 097 I, 097 I, 097 j 1, 097 I, 097 Expenditures, total, including rPcovery anrl rPlicff______tbons. of doL ll.077,438 66R. 376 871. 5.>1 17\12, 288 648, 814 933,880 830,599 708,382 700, 286 870, 241 817,888 11,187,277 1,117,844 Ocm•ral (including recovery and relief)_ do_ ii.054,:J87 654, 170 815, gg;~ 750, 975 642, 330 883,092 699,794 693, 620 757, .53() 873, 936 819,821 it,172,540 1,091,428 Revoh·ingfnnds,nrt ______do __ i 930 3, 812 5, G3:l 5, 988 n7s 3, 425 5, 072 -13,009 -8,954 -4,939 -22. 72f\ -486 1, 702 Tmnsfrrstotrustaccountst______do ___ , 20,000 10.000 o I 20.000 3,500 0 113. 520 25, 19.) 10,000 0 20.000 0 17,500 D<'llt r<'tircments. ______do ___ I ~: ~~~ :l94 49, 9.18 9, :325 2. 010 47,363 12.212 2, 571\ 1, 704 I, 244 792 15,223 7,214 67 44:l, 830 9:l4. 208 ' 304,203 3H9, 598 784, 218 3G7, 064 566,388 711, 124 36.5, :l51 48-1, 796 740,929 371, fl05 1 RPC(i~~:~·~h;~);~~l'-t*~~=~---. . ---~~~~~-I .141, 3.12 443, R:JO /9!/, 301 1r 304, 20:i ;l\19, .198 648, :323 3~1. 221 447, 196 710, .184 333, 25~ 3f\2, 078 740, 226 339,778 Customs______<1o .... 1 3l,H30 2.0, 6.>1 2B, 702 2fi, 4 79 26,251 28,101 25, 22fi 23, H30 22, ff27 29, 371 27,923 29, 783 33, 257 Int(•nwl rPvf'nue, total . do _. _! .502, 046 3D4, OXR 8Rfi, 370 1 2HL 772 3t:it), 50~ {i(./4, 9:i2 321\, 141 522. sn 072, 540 318, 57R 438, 481 692,937 319,169 llleonw taxcst______.do __ • 10-t,-WS o~. fin3 ()(if), 4~7 47.021 40. HJ7 4fl~. 78() 49, i;,l),) 37, 64.) 431.1\09 41, o:m 48. 906 428, 72" '62. 759 Soda! security t~xes______do .. ~-: 1 193,:179 177, 7Iif) :JO, 481 ! 3\1, 1!14 l 37, 2U9 31,749 39.0118 139, 13! 2(:}. 437 37, (\11 138,013 34.498 46,613 Taxes fron1: 1 Admissions to theaters. et(·®--- _do ___ l' I, 910 1, 853 2, 391 2, 001 1, 791 I, 646 1, 633 I, 734 I, r.R4 2,021 2, 1~4 2. 208 1,881 Capital stock transfers, etc® .... _____ do ___ 1, 025 1, 043 784 948 I, 5!13 I, 833 669 48S 48G 772 887 1,306 I, 271 Government corporations and credit ap-eneies: : Asst'ts, except intera!!ency, total __ mil. of doL. 12, 078 12, 116 12. 17ti 12,085 12.021 12,092 12. 410 12,371 12, 398 ' 12,518 12,500 12, 645 Loans and preferred stock. total _____ do 8, 888 8, 914 8, g:JO 8, 922 8. 470 8, 513 8, 623 8, 58:) 8, 613 8, 680 8, 1)82 8, 639 Loans to financial institutions (incl. prp- 1 frrrrd stork) ______nlil. of doL 1.1911 1.180 I, 198 1,170 1. 212 1, 202 1, 1~9 l, 194 1,198 I, 21J'l 1, 221 I, 174 Loans to railroads ______-~ ____ do ____ 1 509 ·'17 521 515 52-1 552 .o53 .)13 .512 .ll;i 516 523 nome and housing mortgagl' loans __ f!o.- 2, 36!) 2, 377 2, 347 2, 355 2, 32:l 2, 342 2, 336 2, 348 2, 387 2, 387 2,390 2, 424 Farm rnortgage n,nd other agricultural 1 1 3, 700 3, 699 3, 705 3, 700 3, 224 3, 233 3, 3-19 3, 328 3, 302 3, 280 3, 257 3, 209 Afrgr~ei-:·_-~-~-~-~ ~-~ ~:~ ::miL_"~~o ::1: .. I, 118 1, 140 1, lilO I, 183 1, 187 I, 185 1, 197 I, 200 I, 21-1 1, 291 1, 298 1, 309 U. 8. obli~ations. direct and fully guaran- 1 895 895 891 893 S79 871 846 R24 814 827 829 950 B~~igess rr·~rri-i.Y~::.- ~ ~ ~: ~: ~: ::~liL_o;I~~'!:: 1::::. __ _ 552 .155 5ii8 559 562 567 56(1 570 597 601 593 599 ()44 fl29 610 608 1, ()1)7 1, l)fij' I 1.001 I, OBI I, 094 I, 113 I. 141 1, 190 nn::~;,;. ~~~~;o~ _s~l::::: ::: ~:::::::~g:::: :::::::::: I, 100 1,12:J I, 187 I, 103 1, 043 1, 075 1, 312 1, 313 1, 260 I, 29G 1, 257 1, 367 r Revised. P Preliminary. d J)('ficit. •)Jurnhcr of companies YariPs slightly. 6 Formerly Standard Statistics Co., Ine. OAdju~tcd to preliminary 1940 annual estimate of the U.S. Mint in cooperation with the Bureau of !\lines. !A mcr~cr during the second quarter of 1940 reduceJanuary 1937, see table 50, p. IS of the November 1940 Survey 34 SURVEY OF CURRENT BCSlNESS .\pril llHl Monthly statistics through December 1939, to 1940 I 1941 i 1941 gether with explanatory notes and references I ------~-----.------,------' to the sources of the data, may be found in the I i \ Febru- Febru- i Mareh I April ! l\Iav : June : July I August! Sep- I October I N ovem-~~ Decem- ; Janu 1940 Supplement to the Survey i ary ary : : 1 ~ tern ber ber ber : ary ! i ! i FIX A="CE-ContilJued ------~------~------~------~------~ PUBLIC FINANCE (FEDERAL)--Con. 1 Governmental corps. and credit agencies-Con. 1 I i Liabilities, other than interagency, total '[ mil. of doL 8, 053 s. 05::! ~- 1),\3 7, 912 7, 977 7, 8421 8,400 8,4031 8,4061\ 8, 579 8, 5261 8, 599 Bonds, notes, and dchenturcs: · Guaranteed hytheU.S ______do_ 1' _ 5, fii5 fi. f)(\4 5, 6;)7 5, 535 5, 529 .1, 526 5, 811 5. sog I 5. 808 5. 919 5, 917 5, 915 Other _do_ _ _ 1, 321 I. 32:l I, :l27 I, 3:37 I, 3-13 1,351 1, 3541 1,356 i I, 354 1, 422 1, 395 I 1, 1389 Other liabilities including reserves __ .do 1, 0,0/ 1 I. Oli.\ 1. 069 1,039 1, 105 964 1, 234 I, 238 I 1, 2431 1, 237 1, 214 1. 294 Privatt•ly owned interests.--_- _- --- do --l 4oo I -101 403 404 405 406 407 410 I 412 p~~~irtary interests of the u. ~;iiGgfvct~?" , 4, 02ii I 3. GG3 3. 719 3, 770 3.6CI9 3, 844 3, 603 3, 5581 ~- 580 I 3, 1 3, :,:: I 4. ::: Reconstruction Finance Corporation, loans out- I :~: standing, end of montle, I I Grand totalt ______thous. of dol ,1,940,()1., l,fi15,0!J4 1.619,293 l/):35,2.15 11,651,615 I ,621 ,602 I ,MS, 746 1,698,511 11,712,764 !1,804,~79 Section 5 as amended, total_ ... ______do _ i 7{;8, 5~0 70G, L158 715, Vi9 720,085 753,087 715, 778 720, 324 751,498 I 763, 653 I 770, 730 Banks and trust companies, including 1 receivers_. _ _. _ _ _ thous. of doL I 108, 771 9'1, 872 93, 128 90.613 89,008 87,761 86,303 85,226 83,898 83, 110 109,214 I 115,028 '1112, 026 Building and loan associntions_ ... do I 4, 262 3, 647 3, 480 ~- 637 4, 138 4, 3-17 4, 270 4, fl25 4. 597 4, 690 4 ••581 I 4. 268 3. 998 Insurance rompanips_ __do 1, i90 2, 457 2.-1113 2, 389 2, 35-! 2, 3:ll 2, 313 2,188 2,176 2.105 2, 077 1, 998 1, 906 Mortgag-c!oancompanies ______do [169,027 14'' 876 1-1.1. 431) Ho, 243 141l, 846 1!5, gr.! 146, 637 149.737 1.11, 456 157,094 159, 534 . 165, 11s rr;s, 044 458: 841 467, 887 471, 747 41io, 093 47.), 8,\6 506,623 507.627 470, 039 469, 769 472.596 [473,881 I 4Sl.961 _: ___ ~ni~~;~s;,~J~~~~~di~i:'~Ivers:: ~~ I 48~; ~;I 3. 7tl5 3, 6!.1 3. 401 3, 889 3. 839 3, 775 3, 684 3. 612 3, ,\54 3, 498 i 3. 360 I 2, 795 Emerg. Rei. and Ccmtr. Act, a' amended: ! Self-liquidating projpcts (including financ- ! I ing repairs)_ ___ .. ___ . __ thons. of doL [ 19, 443 38, 230 37, 870 :J8. 540 40. 010 19.915 19,784 20, 509 21.202 r 31, 7s.\ 19. 581 19, .jl! 19. 486 Financing of exports of agricultural sur- plusrs______thous. of dol _I 4i 47 47 47 47 47 47 47 47 ! 47 47 47 47 Financing of agricultural commodities 1 and liwstork ______thous. of doL. I 443 747 747 075 625 ,\25 521 520 520 445 445 443 443 Direct 1oal!s to business enterprises (includ- 1 117, 4G4 mg partwtpatwns) __ .. ____ tho us. of doL _1 131,919 130, 704 130. 41jfJ 130, 566 1::o, 732 129, 94-5 129,371 128,676 127,906 126,008 121, f)78 ll9, 061 Loans for National Defense under the Act 1 of June 2R, 1940* ______thous. of doL_ 1 80,912 10 55 4, 844 14,316 50, 8fi4 38, 387 5~, 249 Total, Bank Conservation Act, as amended i thous. of dol _: 468, 853 5.54, 240 550.091 552. 134 548, fifi9 5;·4. 558 570, 778 56~. 561 564, 516 564, 7-14 559.420 556, 711 649, 195 Drainage, levee, irrigation, etc ______.d.o. _ ~ [' 82,. 8~,7 83, 874 8:1,9fHi 83. n:l 83. 7 40 S3,,19ii 83, 299 83, 223 83, 360 83,409 83. ,507 83, 460 813. 2:l1 Otherloansandauthorizationst_ ____ do __ 401 3 8 105. 249 10.~, JW) 97, 028 9B, 851 }(II), 797 97,52-1 101,242 102,599 105, 772 ! 107, 141 128, 875 103,936 CAPITAL FLOTATIONS I Security Re~istrationst !Securities and E.rchange Commission) Total securities effective under the Securities i Act of 1933 ______tltous. of doLi 183,098 249, 933 70.996 2-:l.i, 7:!3 102. 7fil oz, 577 200, 313 123, 242 130,581 287,456 161,748 322, 618 415, 69g Substitute securities*. __ . _____ .... __ .. __ do ___ -I 0 1, 225 fi, 5\6 8, 753 3. 022 5,69·1 457 422 15,405 5, 743 2,862 0 0 Registered for account of others_. ______do ____ : 3, 514 1, 088 .5, 7.52 25,382 2, 469 418 4, 140 32, 246 5, 851 3, 369 4, 758 4, 859 25. 1.10 Registered for account of issuers, exclush~e of 1 substitute securities __ .. ____ thous. of doL_' 179, R84 247,620 58,727 211, 587 97. 270 76, 4fi4 195, 715 90, 574 109, 324 278. 345 154, 128 317,760 390, 549 Not proposed for sale ______.. do .. __ i 18, 242 16,307 II, 798 78,.122 0 20, 225 16, 717 14,162 22,219 46,931 25, 594 24,620 Proposed for sale: I 4291 Cost of flotation: j Compensation to underwriters, agents, , I 1, 174 5, 547 2, 091 4. li32 3, 12fi 1. 95(; 4,523 3, 410 3, 248 4, 874 3, 747 6, 882 10,677 E;~~;)ie-s -_- _-_-_--_~:::::: :::~o-us_- -~~~ol:: i 874 ], 45-1 457 1, 042 51\ 358 I, 182 374 657 1, 233 695 L62fi I. 221\ Net proceeds, totaL ______do 15!!, 294 224. 312 44, 381 127,391 93, 632 53. 923 189,581 70,074 91, 257 250, 019 102, 755 283. 6,58 3.54, 025 To he used for: ~~~~h~~~~r---- ______do_ i 13,069 17, 125 II, 291 43, 361 8, 2,)2 1,293 22, 984 31,996 45, 432 i 1-1,899 9, 309 33, 8fi3 18, 165 Securities for in vestment_ ____ do_. -I 0 10,832 10, 232 3, 943 2. 550 •). 030 2, 016 18,039 4, 363 0 13,381 4. 612 "152, 842 1, 372 0 0 0 0 279 0 -1~7 !52 13 82 249 0 ~~~~~i~~;ei~~-~~~-i~-t~~n----==~5~~- .I 0 0 I, 384 0 0 0 200 fiO I 20 0 0 173 0 128,973 Repayment ofhonds and notes.do ___ ·1 180, 5ii5 8, 454 53, 532 76,621 3,l, 15.) !IH, 423 19, 1sr r 37, 342 233,624 69.825 223. 900 154. Ofl6 Repayment of other debt. .... do .... 13,000 5, 420 6-10 7, 818 fi, 10.) 8 997 2, 694 697 681 I, 934 ! 2, 093 2, 2tl8 Retirement of preferred stock ... do ____ 1 10, 249 12,2-18 18,3113 99 :l, 139 1. 909 fig I I, 123 512 9, 427 18,256 25, 711 Organization expense ______do ____ : (a) (a) 0 28 0 0 1 5 (a) 4 10 0 0 Miscellaneous ______do ___ _ Ulll 132 132 393 ()i 18 52 196 ' 132 270 40 672 I, 14~ Gross amount of securities less securities re- I served for conversion or substitution, total 1 thous. of dol. ', 182,543 241, H3 22R, 510 99,739 ifi, 882 199. 591 \16, 780 115, 167 273. 307 158,886 318,856 713 Type of security: 1 Secured bonds... ____ do ____ \ 133,159 153, 522 13, 477 44, 217 3, 200 511.144 105, 148 6. 650 39,541 230. 483 70,607 147, 0-15 135, :l6.\ Unsecured bonds . do ____ l 2, 983 46, 506 0 53. 8fiG 75,000 0 72,000 24,878 22, 598 11.429 1, 766 107,318 60, 037 37,56.1 17.209 19. 3611 84 ..109 .5. 039 :•. 2.\4 11, 040 16,465 lfi,OI6 23,869 24, 263 48.907 6, R37 b~~~~~ ~~~~~ - __ ___ ::~l~: I 8, 832 23. 369 19.409 38,42-1 14. 119 fi, 799 9. 209 .57, 917 !9, 375 7. 397 26,.178 15, 552 31,826 Certificates of participation, etc .. __ .do. 1 5 536 8. 223 4, 493 2, 381 \I, 685 2,194 Ill. 870 17.637 130 35, 672 35 5, 598 Type of registrant: Extractive industries ______.______do_ 0 2, 37.5 1, 957 10, 819 4, 8fl4 75 3. 974 28 12.750 3.177 1. 731 250 0 I\{anufacturing industries______do_ 24, 097 122,320 21. f){)j fil. 839 Sfi. \12 : •• 72() 81,396 .15,205 38. L58 70. 097 18, 243 115, 944 1!4, 377 Financial and investment______f)o ____ ! 2, 9H3 12,282 111, 768 14, ~~~ 2, 745 f•. 83,\ 2, 186 19,407 tl, 815 1. 779 49,926 19, 353 1f\2, 6911 Transportr1tion and communirations_do ___ -l 0 18.50-1 9, 210 10,) 3, 7fi8 4. 337 0 500 0 7, 722 200 209 69, 488 Electric light, power, heat, gas and water 'I thous. of doL_ 151, 341 8.1, 413 82-1 84.018 I) 5~. 700 171, 3!10 43, f\68 Other ______do ___ , 111, 676 13, 319 50,386 189.833 78. 052 4, 122 250 10,150 ,):~. 75.1 2, 250 ~. 210 359 28,323 7, 0.58 700 10,734 11, 740 3, 487 Securities Issued+ (Commercial and Financial Chronicle) Securities issued, by type of security, total (new capital and refunding)._ .... _thous. of dol :I 451, 787 242, 2:l9 3H, 874 251,390 227, 182 691, 472 282, 476 229,314 710, 551 440,266 605, 791 417, 197 Newcapital,totaL.______do __ 3~!· 4~7 1/,0,lfl 104, 167 71. 3~8 117,5S7 122,020 ~2. 728 3\17,300 1 129, 776 113. 550 257, 391 263, 436 189, 899 95. 321 Domestic, totaL______do __ _ 77, 0.16 104, 167 70,638 117. 587 122,020 82,728 397.300 129,276 113, 550 257, 391 263,436 189,899 9.\, 321 Corporate, totaL______do_ 31,550 4fi,004 30, 527 53,925 89,287 9, 771 46, 233 67,938 68,006 47,278 168,699 61, 132 52, 789 Bonds and notes: Longterm______do ___ i 24.8.1l 32,'746 15,957 31,025 79,680 7,307 43.787 52,612 63,728 21,080 165,756 43,783 50, 208 Shortterm______do 637 10.000 0 100 0 910 o o 0 o o 1,000 :no Preferred stocks ... _.. _ ___ do _. _i 3, 752 2. 190 3, 700 15. 253 o 65 1, 096 13, 427 2, 720 9, 877 864 9, 703 1.154 Commonstocks ______do 2,310 1,069 10.870 7,547 9,f>07 1,489 1,3.50 1,899 1.558 16,321 2,079 6,6-1.1 1, 096 • Revised. • Less than $500. 1Iucludes repayments unallocated, pending ad vices, at end of month. tSee note marked "t" on p. 35 of this issue. t Includes $154,350,000 in face amount instalment certificates not included in the break-down by type of security. tRevised series. Data on security registrations revised beginning January 1938, see table 47, p. Iii of the November 1940 Survey. Data on total loans of the Reconstruc tion Finance Corporation and "other loans and authorizations" revised beginning January 1937 to exdude a loan of $146,500,000 to the Rural Electrification Administration, advanced in varying amounts during 1937-39, now classified under allocations: this loan has been excluded from data shown in the Survey beginning with the October 1940 Issue. Certain other comparatively small revisions have been made in the grand total: currently such revisions are not carried into the detail. *New series. For data beginning 1938 for substitute securities, see table 47, p. 15 of the November 1940 issue. April Hl41 SURVEY OF CURRENT BUSINESS 35 Monthly statistics through December 1939, to· gether with explanatory notes and references --~----.-----~--~----~-19_4_0~----~------~~---,-----1 1941 to the sources of the data, may be found in the ;~~~-1 Febru- I March I April I May I' June I July I August I' Sep- IOctober i Novem-1 Decem- 1\ Janu- 1940 Supplement to the Survey ary ary 1 1 tember 1 ber her ary -----'-- FINANCE--Continued CAP~::~i=~::::;~::~r:::~nued 1 (Commercial and Financial Chronicle) 1 I Securities issued, by typr of security-Con. I New cap1tal-Contmued. Domestic-Continued. I F~~~~ Io_an and other Go_vci~::'is~~ta~?: I 8, 125 800 5, 600 .o. 500 I. 3, 000 2, 2SO 289,458 0 0 112,099 42,000 0 2, 200 11unicipal, State, rtc ______do_ 37,381 57,363 34, 511 58, lt)2 29,733 70,707 61,608 61,338 45, 544 98,014 52,737 128,767 40,332 Foreign,totaL ______.... _do __ 1 0 0 750 0 0 0 0 500 0 0 0 0 0 Corporate ______do __ ' 0 0 0 0 0 0 0 0 0 0 0 0 0 Oo\·ernment_ _do _ 0 0 (I 0 0 0 0 0 0 0 0 0 0 United States possessions_ do 0 0 750 0 0 0 0 500 0 0 0 0 0 Refunding, totaL______do __ 264,381 347,620 170,8:\0 227,287 129,370 144,4.15 294, 173 !.12, 700 115, 764 453,160 176.830 415,893 321,876 Dom<•stic, totaL____ do __ 264, 381 347,620 170,850 227,287 129.370 144, 4.15 294, 173 152, 700 112,564 453, 160 176, 830 415,893 :l21, 876 Corporate, totaL __ do_ 234,412 211, 342 103, 799 192,353 83,810 101,476 225,623 111, 494 62, 465 345,347 92,487 328, 212 267,890 Bonds and not('s: Longtrrm______do __ 216, 311 196,870 87, 049 154,191 83, 810 96,147 223, 116 107,047 60,449 331,651 64,475 285,649 248,394 Short term______do __ 703 0 3,000 0 0 5,000 0 0 836 0 2,000 0 lG, 670 Pmfcrrcd stocks__ _do __ _ li, 398 14,472 13,750 37, 546 0 0 257 4, 421 1,180 13,651 25,.195 38,702 2, 286 Common stocks _ ____ do 0 0 0 617 0 329 2. 2.10 26 0 45 416 3, 861 540 Farm loan and other government agen- cies______thous. of doL 17,425 21,69.5 17,992 17,350 25,150 28.870 48.400 27,.125 26,000 28,0.50 59, 465 14,300 30,800 Municipal, State, etc __ do __ 12,544 114, .583 4\J, 0.19 17, 5R-t 20,409 14,108 20,150 13,681 24,099 79, 704 24,879 73,381 23, 186 Foreign, total __ rlo _ 0 0 0 0 0 I) 0 0 3, 200 I) 0 0 I) Corporate__ _do. 0 0 0 0 () I) 0 0 0 0 0 0 0 Govcrnrrwnt_ __ do __ 0 0 0 0 0 0 II 0 0 0 0 I) 0 United States possessions ______do ___ _ 0 0 0 0 0 0 0 0 3, 200 0 0 0 0 Corporate securities issued by type of borrower, totaL______thous. of doL 265,962 257, 34fi 134, 327 246,279 173,097 ]]1,248 271,8.)6 179, 4~2 130,471 392, 625 261,186 389, 343 320,678 New capital. totaL______do ___ _ 31,550 46,004 30, 527 53,925 89,287 9, 771 46,233 67,938 68.006 47, 278 168,699 61,132 52,789 IndustriaL ______do __ _ 6, 311 5, 249 1, 201 22,598 6, 094 2,826 4, 772 23,124 17,544 16,268 2, 834 18,557 10, 243 Investment trusts, trading, and holding companies. etc ______.. thous. of doL 0 1, 000 0 350 0 0 0 0 0 0 0 0 Land, buildings, etc-~----- ______do _ 6:\ 450 0 0 280 40 148 25 0 155 Puhlicutilities______do __ _ gg 6, .127 7,615 8,407 16,767 0 4. 21~ 1 11. 25~ 30,232 I 18,521 5,444 141,091 4, 944 10,575 Railroads______do ___ _ 18,010 960 7, 750 8, 114 19,400 2, 000 1.5, 205 14,292 25,576 15,258 23, 840 12,030 30,395 Shipping and miscellaneous ______do ___ _ 637 30, 730 13,169 6.096 6.1, 513 728115. 000 200 6, 325 10,160 909 25, tlOl 1, 421 Refunding, totaL ______do __ _ 234,412 211,342 103,799 192, 353 83,810 101,476 225,623 111,494 I 62, 465 345,347 92,487 328,212 2G7, 890 IndustriaL ______do ___ _ 1, 107 115,000 24,250 50,943 79, 350 1, 700 93,628 60, 776 7, 275 86,660 53,586 2\l, 575 95,908 In vestment trusts, trading, and holding companies, etc ______thous, of doL_ 0 0 0 0 0 0 0 0 0 4,000 0 Land, buildings, etc_ ___ do ___ _ 1, 250 575 780 1,000 2, 960 I 82g I 77 490 367 3, 592 1, 202 3,837 Publicutilities.______do ___ _ 178,821 90,397 32.269 41,236 1, 500 94,02042~ 117,466 23,811 43,300 207, 334 23,438 220,231 134,940 Hail roads______do __ _ 50,718 0 35,000 82,252 0 5, 000 0 2.5, 300 ' 7, 900 50, 558 1, 329 0 9, 790 Shipping and miscellaneous ______do ___ _ 2, 513 5, 370 11, 500 16,923 0 1,530 3, 500 428 10,541 73,204 23,415 Domestic issues for productive uses (Moody's) :* 329 113, 700 TotaL __ , ------... mil. of doL_ 51 28 45 67 52 36 82 100 103 67 211 139 80 Corporate ______do __ 27 9 26 22 2.1 7 39 53 40 165 28 47 Municipal, State, etc ______do __ 24 19 19 45 27 47 63140 27 46 111 33 29 I 43 (Bond Buyer) State and municipal issues; I Permanent (longterm) ______thous. of doL_ 182, 264 174, 916 87,006 66,583 51,033 '246, 855 I' 178.061 '89, 291 , 77.622 I, 182. 493 ' 79, 802 '202, 402 ' 78, 057 Temporary (short tcrm) ______do ____ l 176,384 118,588 134,808 122, 245 1 224, 706 75,692 234, 366 77,354 100, 957 117. 406 167,225 96, 146 '175, 389 COMMODITY MARKETS I Yolume of trading in grain futures: 2i7 649 743 901 921 432 49.1 451 360 406 283 228 0 44 50 35 112 134 91 68 ~~~:~~t __ 8_~ ~~;~~~-~ ~A~~~~;il: oJ bu:: I 70 92 81 62 47 Brokers' Balances (N. Y. S. E. members I carrying margin accounts) Customers' de hit balances (net) _____ mil. of doL_ 634 893 886 910 702 653 642 631 I 635 653 666 677 661 Cash on hand atHl in hanks ______do ___ _ 199 195 186 192 239 223 213 215 218 203 214 204 207 Money borrmvcd .. ·------______do :)7.5 616 f)l!) 626 459 376 376 368 370 381 383 427 399 Customers' free credit balances ______do 267 2.53 247 252 251 267 261 256 268 269 280 281 275 Bonds Prices: I Average price of all listed honds (N, Y, S. E.) dollars __ 92.72 91.97 92.86 92.48 87.87 90.14 90.96 91.33 92. OS 92.84 93.58 93.84 93.05 Domestic______do ___ _ 96.82 95.68 96.55 96.51 92.47 94.93 95.62 95.72 96.56 97.03 97.78 98.10 97. 16 Foreign______do ___ _ 45.47 51.58 52.77 48.86 38.38 39.09 40.64 43.28 43.07 44.86 45.60 45.07 45.81 Standard and Poor's Corporation: § Composite (60 bonds) __ dol. per $100 bond __ 84 ..1 82.2 82. 1 82.5 79.4 78 . .s 81.2 81.5 82.7 83.6 83.9 84.0 85.3 Industrials (20bonds) .. ______do ___ _ 89.9 87.3 87.3 87.5 85.3 84.7 86.3 86.8 87.8 89.2 90.3 90.2 90.5 Public utilities (20 bonds) ______do ___ _ 100.9 101.6 101.8 101.7 99.3 98.7 100.2 100.2 100.6 100.6 100.5 100.7 101.2 Rails (20bonds) ______do __ _ 62.3 57.8 57.2 58.2 53. 5 52.0 57.1 57.5 59.7 61.0 60.9 61.1 61.3 Domestic municipals (15 bonds) ______do __ _ 125.6 ll9. 1 ll9. 7 119.8 115. 3 114.6 120.4 121.2 122.3 124.6 127.3 129. :j 127.7 U.S. Trcasurybondst ______do __ _ 108.8 105.7 106.7 106.7 104.9 104,8 106.3 106.7 107. 7 108.8 110. 7 111.8 110,4 Sales (Securities and Exchange Commission): Total on all registered exchanges: I Market value ______thous. of <'oL, 91,476 103, :l51 102,858 135, 784 149,103 90,317 81,388 67,057 94,701 114,881 114, 606 125, 383 147,635 Face value______do ___ _ 148,219 153,589 163, 222 210,816 219, 740 134, 597 121,857 99,101 148,956 185,154 186,432 248,906 276,042 On New York Stock Exchange: Market value ______do ___ _ 7.), 999 81,807 81,857 108,459 115, 226 74,484 65,530 53,571 78,398 93,532 95,500 103,2431 125,090 Facevalue______do 130,068 127,344 135,832 176,998 179,936 114,651 102, 228 82,424 129,205 159,704 164,080 221, 475 ' 248, 732 ExdusiYe of stopped sales (N.Y. S. E.), face value, totaL _____ thous. of doL_ 123,647 120,384 135, 239 165, 116 176, lOS 102,663 98,120 79, 705 125,965 150,981 159,006 211, 237 230,987 U.S. Government______do ___ _ 4, 323 2,422 2, 224 2, 365 3, 285 8. 250 3, 677 2,131 2, 337 1, 597 2,496 2, 206 2, 707 Other than U.S. Govt., totaL_do ___ _ 121,423 118,019 131,954 160,793 167,855 I 98,986 '95, 989 77,368 124,368 148,485 156,584 209,031 22K, 280 109, 26.5 99,176 110,849 139,547 144,924 81,058 82,680 66,566 109,915 129,460 1:39,191 190, 149 212,637 fZr~~~~~c~ ~:::::::::::::::::: ~~ :::I 12,158 18,843 21,105 21,246 22,931 17,928 13,309 10, 802 14,453 19,02.o 17,393 18,882 I 15,634 'Hcvised. §Formerly Standard Statistics Co., Inc. tFor revisions in 1939 data from Commercial and Financial Chronicle sec notes marked "t" on p. 34 of the September 1940 and p. 35 of the I\! arch 1941 Survey. *New series. For data on domestic issues for productive uses beginning 1921, see table 34, p. 17 of the September 1940 Survey. tHevised series. For data beginning 1931, see table 55, p. 17 of the December 1940 Survey. 36 SURVEY OF CURREKT BUSI~ESS .\)lril l!Hl Monthly statistics through December 1939, to-~1941 1MO !W41 gether with explanatory notes and references ---I----c~-----,~------,--, - ~--~----.----.----,-----~---I to the sources of the day;., may be found in the Fcbm- Fe~ru- ! :\larch , April i l\fay I June July August I Sep- I October INovem-1 Decem- I Janu- tember , ber ber 1 ary _1_94_o_s_u_P_P_l_e_m_e_n_t_to_t_h_e_s_u_r_ve_Y______~ __ ar_s_· _,__ a. Y 1 1 : , FINAN CE-Continued SECURITY MARKET8-Continued i Bonds-Continued \ I Value, issues listed on N.Y. S. E.: . I Face value, all issues ______mil. of doL.\ 54, 225 5:l, 937 53, 853 I 53, 646 53, 4J4 52,879 5il, 43J 53,914 53,913 54,329 54, 237 5-l, JG9 54,139 Domestic issues. ______do ___ _ 49,891 49, 400 49, 3J3 49, 108 4S, 879 4~. 347 48, 903 49,399 49,400 49, 966 49,877 49,820 49.799 Foreign i$sUes" ______c\o ___ _ 4, 334 4, 537 4, 510 -!, 5:18 4, 5:l5 4, 582 4, 528 4, 5J5 4, 514 4, 363 4, 360 4, 349 4. 340 Market value, all issues. ______do ___ _ 50, 277 49, 605 50,006 49, 612 41l, 937 47, 66f> 4\602 49, 239 49, 643 50,438 50,750 50.831 50, 374 Domestic issues. ______do ___ . 48, 307 4i, 265 47, 611 47,:195 45,197 45, S94 46, 71l2 47,285 47,699 48,481 48,768 48, 87J 48,386 Foreign issues ... ______. ___ do. __ _ 1, 971 2, 340 2, 396 2,217 1, 740 1, 771 1,840 1, 954 I 1, 944 1, 957 1, 988 1, 96J I. 988 Yields: Bond Buyer: I Domestic municipals (20 cit.ies) ____ percent._ 2. 43 2. 70 2. 62 2. 59 3. 00 2. 67 2. ,12 II 2. 39 2. 32 2.18 2. J4 2. 29 Moody's: Domestic corporate ______do. __ _ 3. 40 3. GO 3. 58 3. 51 3. 65 3. 72 3. 57 3. 55 3. 50 3. 46 3. 40 3. 36 3. 36 By ratings· 2. 78 '2. 86 2. 8·1 2. 82 2. 93 2. 96 2. 88 2. 85 i 2. 82 2. 79 2. 75 2. il I 2. 75 3.00 3. 05 3. 04 2. 99 :l. 08 :;. 10 3.0J 3. 031 3. OJ 3. OJ 2. 95 2. 92 I 2. 95 3.38 3. 68 3. 65 3. 59 3. 65 3. 70 3. 57 3. 55 3. 52 3. 48 3.40 3. 3f\ !:~:::::::::::::::::::::::::Baa __ . ______. ______::::J~:::_I .do. __ _ 3. 36 4. 42 •!. 83 4.80 4. 7-1 4. 94 5. 11 4. 80 4. 76 4. 66 4. 56 4. 48 4. 4.) 4. 38 By groups: Industri•lls. ______. ______do ___ _ 3.00 a. J2 3. 09 3. 05 3. 20 3. 25 3.15 3.121 3.10 3. 06 2. 98 2. 93 2. 9fl Public utilities .. ______....do __ .. 3.19 :;. 33 3. 29 3. 24 3. 30 3. 33 3. 2:l 3. 23 3.19 3. 18 3. 14 3. 13 3. 17 Rails ___ . ____ ------•. do ___ _ 4.00 4. 37 -!. 37 4. 33 4. 46 4. 5i 4. 32 4. 23 4.15 4. Oi 4. 03 3. 96 Standard and Poor's Corporation:§ Domestic municipals (15 bonds) ______do ____ l 2. 27 2.60 2 ..% 2 . .)1) i 2. 81 2. 85 2. 54 :: II 2. 44 2. 32 2. J8 2. 07 : Z.Jil U.S. Treasury bonds ______do ____ l :~ 2.10 2. 32 2. 25 2. 25 i ~- ilS 2.:\9 2. 28 2. 2~ ' 2.18 2.JO I. 97 1.89 1.\19 I Stocks : i Cash dividend payments and rates (llfoody's): i I I i Total annual payments at current rates (600 1 I cmnpanies)______mil. of doL_ 1, 70G. 50 1, 618.60 631.30 1,6,"4363._6463> 1J,g68306 .. 4336 ,1,690.37 .1,694.821!1,713.08 :1,711.42111,738.04 781. 52 ,[, 792. 84 1, 791.94 Number of shares, adjusted ______millions.. 938.08 936. 43 936.43 " 936. 43 I 936. 43 936. 43 I 936. 43 936. 43 936. 43 I 936. 43 938.08 Dividend rate per share (weighted average) i : I (600 cos.) ______dollars__ 1. 92 I. 73 I. 7-l 1. 90 1. 91 I. 91 Banks (21 cos.)______do____ :l.Ol 3. 01 3. OJ ' qr : u~ u; i ~: ~; · ur 1 ur u~ 3.0J 3.0J 3.01 Industrials (492 cos.) ______do____ 1. 00 I. 67 I. 68 t..o, 1.1.1 L77 1 1.77 1.79 1.79 t.83 1. 88 I. 89 1. 89 M Insurance (21 cos.) ______do____ 2. 2. 64 2. 64 2. 6-! f 2. 44 '!, 44 : 2. 54 2. 54 2. 54 i 2. 54 2. 54 2 ..\4 2 ..\4 Public utilities (30 cos.) ______---- __ do ____ : L 94 1. 95 i 1. 95 J.MI 1.M 1.00~ 1.00 1.00 1.001 1.00 I. 97 I. 97 Rails (36cos.) ______do____ 1.53 I. 94 1.261 1.26 1.V l.V 1.20 1.20 1.M 1.M l.M 1. 47 I. 53 I. 53 Dividend declarations (N.Y. Times): 1 1 TotaL ______. tho us. of dol.. I 375,872 338, 366 I 2J6, 350 180,341 449, 98J 239, 4261' 194,824 365,553 209,4821221,404 685, 5H 331. 72J 218, 317 Industrials and miscellaneous ______do __ --I :JGO, 210 323, 201 213, 822 176, 637 420, 278 223, 372 182, 232 347,331 207,354 2J3, 843 635, 110 305, 6,\2 204, 574 . Railroads ______do_-- . 15, GG2 15,165 2,528 3, 704 29, 703 10, 055 i 12, 592 18, 222 2, 128 7, 561 50,463 2!\, 069 13, 743 Pnces: ! Average price of oil listed shares (N.Y. S. E.) 1 Dec. 3J, 1924=100__ 53.8 63.6 64.3 64.3 50.2 54. 6 55. 6 56. 7 I 58.4 57. o 1 s1. 2 I 55.0 Dow-Jones & Co., Inc. (65 stocks) doL per share __ 41.21 49.44 49.15 49.92 43.48 3\1,99 41.64 42. 50 44.40 I 44.72 45.04 II -!3. 39 I 43.82 Industrials (30 stocks)------______do __ __ 121.68 147. 29 147.13 148. 91 130. 76 11\1.46 122. 23 125. 32 131. 461' 132.39 133.90 130.45 1 130. 17 Public utiliti~s (15 stocks) ______do ___ _ HI. 37 24.87 24. 26 25.09 21.45 2(1,J5 22.42 22. 22 22. 18 22.07 21.22 J9. 91 I 20.17 Rails (20 stocks) __ .. ______... do __ __ 27.54 30.83 30.45 31.00 26.52 24.66 26. 43 26. 83 28. 43 28.83 29.36 27.61 i 29.01 New York Times (50 stocks) ______do __ __ 87.07 107.83 107.66 109.17 95.20 8\>.17 90. 46 92. 21 96. 271 97. 29 95.86 93. f\8 93.24 Industrials (25 stocks) ______do ... . 154.20 192.67 192. 71 195.13 170.95 15(·. 61 161. 49 164. 48 171. 50 173. 26 170. 32 167. 1fi 165.43 Railroads (25 stocks) ______do_ .. . 19.94 22.98 22.61 23. 22 19.46 ~~- 72 19.43 I 19. 9·1 21. o5 21.34 21.40 20. 2J I 21.06 Standard and Poor's Corporation:§ Combined index (420 stocks) ____ 1926=100 __ 75.9 91.5 91.5 92. g 83.0 <3. 3 76. 1 1 77. s 8o. 9 I 81.4 82.1 80.4 Industrials (350 stocks) ______do __ __ so. 5 87. 0 107.3 107.5 m:~, 97.3 04.8 87. 2 I 89. 1 93. 7 I 94.6 95.8 9-!.0 9:J. 7 Capital goods (107 stocks). ______do ___ _ 109.5 130.1 130.9 118. 1 1(4. l 105. 9 I 109. 5 116. 51 119.5 120. 2 JlR. 7 118.0 Consumer's goods (194 stocks) ____ do __ __ 81.9 102.2 102.7 104.4 . n.7 mo 8'!. 2 85. 8 89. 6 90, 1 89.9 87.3 87. 1 Public utilities (40 stocks) ______do ___ _ 74. (i 87.6 87.1 87.8 so. 6 75.1 SO. [ I 80. 3 81. 0 : 80.2 79.0 77. fl 78.0 (30 2J. 1 . Rails stocks) ______do ___ _ 26.4 28.7 28.9 25. 4 22. 7 21. 4 24.9 21. o 1 27.4 27.8 2G. 4 27.7 Othl'r issuPs: Banks, N, Y. C. (19stocks) ______do ___ _ 53.8 59.3 59.2 58.9 52.0 48. 8 : 51.4 50.4 51.0 53.6 1 55.6 S5. 8 55.9 Fire and marine insurance (18 stocks) I 1926=100 __ 90.5 96.4 94." 94.3 1 53.8 78.7 84.3 87.4 9o. o I 93. g 94.3 95.1 Sales (Securities ant! Exchange Commission): I Total on all registered exchanges: I I I Market value .. ______thous. of doL. 403,344 583,620 632,095 1,101,340 11,438,207 060, 4G.S 320, hGO i 320, 913 472, 742 591, 703 876,452 7011, 23J ' 013, 194 Shares sold ______...... ____ thousands__ 18, .555 26,095 28,718 51, 103 69. 494 ~5. fi)2 10, 191 I 14, 2H 20, 728 24, 006 37,022 33, 003 26, 545 On New York Stock Exchange: Market value ______thous. of doL 336, 505 487, 92\l 527, ii7 964,608 11,242,999 4Si, lW 264,352 i 270,471 406, 92.\ 505, 193 763, 481 596, SOG 519, 3t30 Shares sold ______. ______.. thousan 631,343 630,812 A'F~~~;;o;~~~~:;_~~~~7;~~--~~~-;~~J~e::: ::::: ::: 63J:~n ;:::::::::1:::::::·:11 "'&)~ i: :::: !: ::::: 6,451 6, 404 Pennsylvania Railroad co., totaL ______do .. ______20~: ~n ------207,(79~------~------206,907 205,883 2, 742 2, 724 164,553 u __:::_P ___ e ___ r:ce· __ -_-n ___ t____ :o· ______-_----_::._ -:_ -_-_:: ---_--_----_ -_-_ -_-_----1 163 972 - .. -----. ------160.676 :~shoo·~raeerd~:r~~neh·_,e- cl--d-_o_rb-_ryo_rb-_a_r-_toi_ko--_en_r-_,st-_o_-~t_a_-_l_: f---t~og~---a·--,-_-_--:~---_-_-_---_::- -~16;· i~~ ------2, 706 2. 749 . . - ~~0~7 :::::::::::::: ::- ~~i~57 ~~:::::_::::1::::=_:::: 27.48 ------1 27.37 ------~---~----~------~---- §Former] y Standard Statistics Co., Inc. April 1\l41 SURVEY OF CURRENT BUSINESS 37 Monthly statistics through December 1939, to-~1941 1940 1941 gether with explanatory notes and references ---I tothesourcesofthedata,maybefoundinthe Fcbru- Febru-1 March I April I May I June I July August I Sep- IOctober II Novem-1 Decem- Janu- 1940 Supplement to the Survey ary ary tember ber ber ary I 1 FOREIGN TRADE-Continued INDEXES I Exports: Total: Value, unadjusted ______1923-25=!00 __ 80 91 85 85 92 83 92 78 91 86 85 86 Value, adjusted ______do ____ J 88 100 91 90 91 104 95 100 74 74 75 80 84 U.S. merchandise, unadjusted: Quantity ______------______.do. ___ 117 130 132 123 124 136 126 135 115 136 127 126 124 Value ______do ____ 80 91 92 85 85 92 84 92 77 90 86 85 85 Unit value ______------_____ do ____ 68 70 70 69 69 68 67 68 68 67 68 67 6 Imports: Total: Value, unadjusted ______do ____ 72 62 67 66 65 65 72 68 60 64 69 78 71 Value, adjusted. ______do .. _ 73 63 60 61 64 69 78 71 63 63 69 79 7 0 Imports for consumption, unadjusted: Quantity ______1923-25= 100 __ 118 99 106 105 106 109 115 114 106 117 120 130 120 Value. ______------______do. ___ 68 59 65 64 64 64 68 67 61 67 68 75 7 0 Unit value ______do ____ 58 60 61 61 60 59 59 59 58 57 57 57 5 8 Agricultural products, quantity: Exports, domestic, total:t Unadjusted ______1924-29= 100 __ 20 83 59 45 34 28 29 24 21 33 25 23 1 7 Adjusted ______do. ___ 22 91 66 60 49 41 47 31 18 23 19 18 16 Total. excluding cotton: Unadjusted ______do. ___ 30 55 53 39 33 34 38 37 27 36 29 29 2 Adjusted ______do ____ 33 60 59 46 41 44 49 41 23 29 25 25 2 Imports for consumption:• Unadjusted ______do ____ 135 95 103 101 99 95 111 112 99 118 122 131 13 Adjusted ______.do ____ 131 94 92 97 102 101 120 118 102 118 129 131 13 VALUE§ Exports, total, incl. reexports ____ thous. of doL_ 303,413 346, 779 352,272 324,008 325, 306 350, 458 I 317, 015 349,928 295,245 343, 485 327,685 322,257 325,35 By p:rand divisions and countries: Africa ______do ____ 19,954 10,789 11, 727 13,944 12,545 12,325 12,243 12,615 14,094 15, 613 16,945 16, 624 22,047 Asia and Oceania ______do ____ 59,498 61,520 59,299 53,220 57,898 53, 755 59,146 59,734 48, 405 66,957 55,894 60,405 54,876 Japan __ .. ______... __ . ____ .. ____ do. ___ 11, 108 15,193 17,800 15, 271 13,721 15,421 15,304 25,188 17,778 26,195 16,443 19,343 11,588 Europe ___ . __ ------______do ____ 96,336 165, 741 160,050 140,240 124, 527 144,813 122,837 143, 754 113, 523 122,003 118, 695 116.329 126,772 France. ______. ______do._._ 375 39,277 42,034 45,990 39, 350 47,237 206 89 72 8 (•) (•) 1 Germany_------______do ____ 0 4 44 35 70 0 (•) (•) 0 0 (•) 2 (•) Italy_ . ______do ____ (•) 9, 598 10,083 9, 240 13, 234 1, 603 16 6 90 12 3 9 (•) United Kingdom ______do ___ 77,269 58, 534 51,890 53,339 49,822 77,868 108,368 125, 309 103, 361 107,597 102,375 101,253 116,631 North America, northern ______do ____ 65,233 43,671 49,700 55,136 62,738 67, 679 64,486 71,800 64,626 77,886 65,609 63,266 62,449 Canada______do_ 64,419 43,131 48, 855 54,373 61,877 66,796 63,494 70,707 63,252 76,682 64,262 62,439 61,886 North America, southern ______do ____ 33,010 28,065 29,167 25,249 27,265 26,924 24,163 27,888 25,673 31,556 33,792 33,807 30,022 ______do ____ 1-Iexico ·------9, 824 7, 522 8,394 6. 624 7, 472 6, 536 7, 110 7,198 7, 697 10,0!i1 9, 772 10,554 8,507 South Amefica·_~ ______do ____ 29,381 36,993 42, 328 36,219 40,332 44,961 34,139 34,137 28,923 29,471 3u, 749 31,824 29,188 Argentina ______do ____ .5, 223 9, 147 10,821 8, 326 10,770 14, 759 10,650 10, 170 6, 267 5,151 5, 920 4, 734 5,300 BraziL ______:::::::::: ______do ____ 8, 843 10, 116 10,308 10,360 10,384 10,641 7, 205 7, 522 6, 753 7,176 10,807 10,046 9,21 6 Chile ______do ____ 3, 249 3, 418 4, 351 3,0(l6 3, 694 4, 244 3,110 3, 543 2, 976 3, 389 4, 081 3,360 2, 955 U. S. nwrchandise, by economic classes: TotaL ______thons.ofdoL_ 298,273 338, 639 344, 559 I 316, 520 318,051 344,444 312, 337 341,924 288,270 336, 165 321, 275 315,323 317,953 Crude materials ..... ______do ____ 15,234 61, 113 46,752 40, 886 40,277 33,589 31,987 24,161 22,724 29,188 24,600 20,453 16,092 Cotton, unmanufactured ______do ____ 3, 800 44, 283 26, 583 21,086 13,526 8, 295 7, 861 3, 640 5,138 10,541 7, 703 6, 417 3,120 Foodstuffs, totaL ______do ____ 16,010 31,222 25,881 22,0.58 14,965 17,758 20,407 19, 170 15, 331 18, 3f>O 14,650 13,719 13,746 Crude foodstuffs ______do ____ 2, 841 8, 7.52 8,026 6. 314 4, 005 6, 480 7, 706 5, 819 4, 974 7, 528 3, 603 3,488 2,88 7 l\ffd. foodstuffs and heverages ____ do ____ 13, 169 22,470 17, 855 15, 744 10,960 11, 278 12,701 13,351 10,357 10, 832 11,047 10,231 10,859 Fruits and preparations ______do ____ 2, 098 5. 554 4,087 3, 927 1, 608 2, 209 I, 538 2,386 1. 813 2, 362 1, 974 2,638 1, V4 4 Meats and fats _. ______. ______do ____ 2, 495 6, 889 3, 240 2, 7H2 2, 056 1, 764 3, 151 1, 710 1, 729 1, 754 1, 859 1,837 2,048 Wheat and flour______do ____ 2, IO:J 3, 340 5, 752 3, 381 1, 993 I, 536 2, 593 2, 237 2,153 2, 946 2, 703 1,n86 1, 53 0 Semitnanufactures ______. ______do ____ 56,973 71,355 73,508 65,810 74, 490 76, 310 i5, 545 96,863 78, 575 81,421 iO, 651 67,154 69,98 9 Finished manufactures ______do ____ 210,056 174,950 198, 418 187,766 188,319 216, 787 184,398 201, no 171, 639 207, 195 211, 373 213, 997 218,126 Autos and parts ______do ____ 24,028 23, 835 29,326 19, 493 21, 33i 17,661 13,964 15,645 15, 735 22,531 26,828 24,470 2.5, 379 Gasoline ______------____ do ____ 4, 250 5, 534 5, 387 5, 364 6, 110 6, 332 3. 966 4, 365 4, 422 5, 827 6, 897 5, 950 6,10 1 Machinery ______do ____ 54,426 4.1, 235 59,726 62, 864 58,422 54, 496 48,292 56,813 52,658 61,046 62, 873 63,327 60,99 3 General imports, tota]______. _____ do ____ 233,702 199,775 216, 732 212, 240 211,382 211,390 232,258 220,217 194,928 207,141 223,430 253,099 228,636 By grand divisions and countries: Africa ______do____ 1 8,739 10,481 11,322 7, 958 8,052 9, 209 14, 849 11,901 12, 581 9, 714 13,191 13,663 10,203 Asia aTtd Oceania ______do ____ 89.698 65, 789 'in, 041 77,883 70,057 72,720 86,645 90,795 sn. 220 89,814 93, 2!i0 105,823 91,41 7 Jhpan __ -·· ______. ______do ____ 8,127 7, 998 9, 335 8, 760 9, 283 8, 972 13,362 13,277 11, 124 18,31i1 21,676 14,033 10,391 Europe ______do ____ 17,941 38,039 41,160 40,883 38,215 35,876 32,303 26,566 15,762 18, 330 24.600 26,187 20,11 9 France ______do ____ 635 4, 786 5,170 4, 220 5, 351 3, 222 1, i51 655 267 415 1, 870 1, 301 49'3 Germany------______. ______do ____ i17 924 392 357 231 251 201 183 231 231 576 183 53 1 Jtal)-. ______do ____ 39 2, 613 3, 9G8 4, 9.53 4, 210 4, 053 802 158 116 74 23 84 2., United :Kfr~!irlom ______do ____ 9, 443 8, 945 14,973 12, i48 12, 115 15,426 20, 299 13,280 9, 253 9,873 i 10,428 13,610 9, 742 North A1nerica, northern ______do ____ 35,428 26, Uf53 2(), 401 30, 475 3fl. 917 37,802 39,852 41,029 40, 5fl9 39,103 44, 122 43,619 36,586 Canada ______(10 ___ 34,287 26,279 26,089 29,778 36,180 37, 164 37, 976 39,467 39, 197 38,050 42,533 41,913 35,486 North America, southern _____ . ______do_. __ 28, Oi2 23,270 26,957 25, 99:l 25, 797 28,491 24, 585 19, 571 14,722 16,440 14. 884 15,782 24,47 4 Mexico ______. ______.do ____ 7, 516 6, 733 6, 402 6,652 6,889 10,330 6, 986 6, 330 3,876 5,105 4, 811 5, 769 7, 74'3 South America ______do. ___ 53,825 35,234 34,850 29,048 32,344 27,292 34,024 30, 355 25,075 33,650 33,383 48,024 46,83 7 Argentina ______------______. ____ do ____ 11,n2 10,819 10, 466 5,084 5,067 4, 743 5, 175 5,170 3, 648 5,010 6, 902 11,613 11,186 Brar.il. ______. ______.. do ____ 15, 383 8,067 8,122 7, 079 9, 282 7, 579 9,004 8, 396 7,122 9, 904 9, 340 12, 711 11,644 Chile. ______.do ____ 9,139 4, 593 4,134 7,012 6, 143 3, 590 8, 583 6, 372 5,164 6, 378 4, 435 6, 709 4. gg 9 Imports for consumption, totaL ______do ____ 216.623 189, 824 206,719 202,974 203,702 205,397 217, 828 214,106 196, 312 213,133 217, 175 238, 27.1 223,59,5 By econon1ic classes: Crude materials ______do ____ 91,805 70,420 77,880 78,125 iO, 866 70, 511 85, 231 88,495 80, 113 88,904 93,838 110, 375 97,63 3 Crude foodstuffs_. __ . ______do .... l 31,211 23,838 25, 636 25,052 26,095 23, 642 24,924 21,515 18,098 22,625 22,695 25, 931 30,29 1 Mfd. foodstuffs and beverages ______do ____ l 22,940 23,138 22,812 24, .539 31,275 22, 567 20,588 19,026 21. 1i6 I 22,444 19, 435 20,55 2 Si'mimanufactures ______do ____ 27,2151 42, 208 42,860 46, 596 42,447 43,337 45,146 45, 414 50,342 46,510 46, o45 1 44,383 52,009 47,13 1 Finished manufactures ____ . ______... do .. _. 28,458 2'J, 567 33,794 32,810 1 36, 1s9 I 34,823 39,691 33,166 32,565 I 34,383 I 33,816 30,524 ! 27,988 I I TRANSPORTATION AND COMMUNICATIONS TRANSPORTATION Express Operations Operati;-e revenue ______thous. of doL. ------9, 281 9, 586 9, 5881 9, 837 9, 528 9, 415 9, 632 10,055 10, 624 10,542 12,701 ---- Operating income. ______do ____ ------76 84 75 61 71 77 69 87 82 67 78 ---- Local Transit Lines Fares, average, cash ratet ______cents __ 7. 8253 7. 8336 7. 82531 7. 8253 7. 8253 7. 8253 7. 8253 7. 8253 7. 8253 7 8253 7. 8253 7. 8253 7 . 8253 Passengers carried t ______.thousands i77, 294 766,562 822, 687 797, 619 810,833 752, i76 724,390 i26,151 762, 107 830,741 801,646 860,704 837,903 Operating revenues ______thous. of doL_ ------56,545 59,974 57,872 59, 139 55,935 53, 574 54,097 58, 452 60, 542 1 58,489 i 62,623 5 9, 579 • Less than $500. jRevised series. Data on fares revised beginning August 1936; seep. 45 of the July 1940 Survey. Passengers carried revised beginning January 1938; see table 13, p. 18 of the ;vrarch 1941 issue. Indexes of agricultural exports have been revised to a new base. Earlier monthly data will be shown in a subsequent issue. •New series. Data beginning 1915 for indexes of agricultural imports will be shown in a subsequent issue. §Data for 1939 revised; see tables 14 and 15, pp. 17 and 18 of this issue. 38 SURYEY OF CURRENT BCSI:\'ESS .\pril Hlcll Monthly statistics through December 1939, to· I 1941 ! 19-11 gether wllh explanatory notes and references ~------I------, --~-----~----~------~----~----- tothesourcesofthedata,maybefoundinthe Febru· Febru-1 March I ' I I 1' I' Sep· ! INovem- Decem· Janu 1940 Supplement to the Survey ary "-~Y__j_"__ ' ___ I April I May Jttne -~uly _l_"~ugust tember [ October I ber twr ary 1 TRANSPOR'l'ATION A:'\D COl\IMUNICA'riONS-Continued 'fRANSPOR'f A'fiON-Continue•l Class I Steam Railways Freight carloadings (Federal Heserve irv!e:\es) I! I Combined index, unacljustecL __ 1923·-25=100 _ iU 118 fl7 (ij I 75 77 78 86 &6 8\ I TiS CoaL ...... ______"do I so :,o 70 flO 70 75 83 72 83 >-3 81) Coke-····------.. do --1 11U b8 73 g~ i 85 89 88 94 97 104 lOS 113 Forest products ___ ,lo -~ ;)4 4:l H. 44 48 46 ,\I ,\6 .57 55 .\0 r 53 Grains aml grain products _____ do ti.5 G9 69 I 70 73 !10 89 89 Sl 73 ' ()~ i fi~ Livestock______do __ 31 33 :n 34 31 31 38 54 b3 52 . 39 :Js li2 59 no fO 60 60 f11 61 64 63 tfl tiO ~~~rc:handise:!:e.'_l_-_-_~::::· ·:;l;; I 33 2t3 '2fi 42 170 182 178 185 173 105 33 33 1\fisrE'llaneous______do --- : X9 71 74 'j(i 85 82 83 94 100 9.\ h7 /)\1 cc~~{~led index, adjusted___ ---:~g I sn 73 70 75 7.1 76 77 s:; 8! Sl\ 1 it) hS (16 75 81 83 8.5 80 G5 71i '"74 7.j Coke----·-----·-·······- _do I k9 (i5 70 'i~-\ 91 105 108 gg 97 104 9(1 9ti Forest products".. ___ .... do 5fi H 43 43 45 .,1() 49 51 55 ,1)(1 fi9 nO Grains and grain products__ do 71 75 i5 7\) 74 80 74 79 81 7~ 77 'jfi LiYe~tock__ --· ---· ._oo 3b liJ 39 37 3S 35 3>i 42 4;) 4:l 40 3fj J\Ierchandise,!. c. L. _. _ do 1\,1 Iii Gil ,)\J ()O til til fH G2 : f12 1)3 G3 Ore. _____ do 138 1()7 1().=) 102 100 9fi ~Hi }()()I 117 Iil2 J:l4 149 i ~Hscellaneous______do 104 o:l 74 82 ~() ~2 81 . b9 94 97 '102 Freight-car loadings (A. A. R.):, I 'rotal rars______thou:-:-;ands 2. 824 r 2. 4K!) 3, 12:l 2. 494 2. 713 3, 135 2. 82~1 3, 718 3, I:Jii 3 21~9 3, 780 2. 71>' 2. 737 CoaL______do I !iOR r fii5 1\2-! 444 470 ;oo 474 GS7 502 .lOtJ 69.\ .100 577 Coke .. ". _ __ _ .do 51\ 45 30 :l3 .\0 41 54 44 47 61 .\() ,\3 Forest products _" ___ "." _ . do 1[)4 HlO 129 l:l! 171 127 IS1 .\9 19.1 '27.1 347 279 i 274 213 49 .so Miscellaneous ______.___ do" ! I, 204 1. 2~1 1. 01\2 1, ll2 I, OfJ.1 1. 449 1, 2~0 I 1. 400 1,fl14 1. 171 . I, 174 Freight-car surplus, total __ __do -~ X7 1S8 H;:; 1S4 1:l:l 104 j;} I 88 9fi 129 ! 110 Box cars____ Monlhly sta~istics through December 1939, $o- I 1941 1940 11941 gether with explanatory notes and references '---~ to the sources of the data, may be found in the II Fehru- Febru· ~- April l\Iay I June l>Pce;;-1 Janu- 1940 Supplement to the Survey ary ary March f ~~~~.- -~.-~~~Y---~, ~:~~~T-se;-:----~-;cto~-:-1N-;;-;;m-:--~ ~---~-1 ____I__ i tember 1 ber bt•r ary --~·------·~-~- ~-- ~- ~--~--- 'rRANSPOR'l'A 'l'ION AND COMMliNICA'l'IONS-Continue ------C-'O_l\I_M_U_N_I_C_A_T_IO_N_S~----~~c-----o------,~·--~--i~----,--~----,~~-~-----, ------, ---~ ------,~------1 --- 1 Telephone carriers: I 1 I Opera tin~ revenues. ______~ _ thous. of doL-~-_~ __ ~ 102,999 106, 094 107. 155 108, 003 j !Of>, 05:l lOG, W3 107, 350 1 107. 852 113, 087 110, 544 114, 71\1 I ~-~li;~~l;C·S~~~~~cs __ ::: :::::_::: .gg:::: ::::::- ~~:~r~ ~i:g~ ~~:~~e ~~:rig~ II g¥:~~! i g~:~~~ ~~:~~~I ~~:m ~f:g~~ ~~:m n:~~i : Operatin~expcnscs ____ ~-----~------do~-~ ~~-----~- 67,868169,675 f.9,842 71950 68,\J95I 71,850 70,885 69,711 72,841 77,106 75.6.10 ~ Nctopemt.mgmcomc ---~--~~---- ___ do~-----~---- 20,365 21,172 22,135 21:391 1 18,4041 19,204 20,560 i 111,174 23,004 17,933 21.9RS - Phones in service, end of month~~ thousands_ -1- ~ ~ ~ _. _~ 18,802 18,896 18, 992 19, 089 1. 19, 108 1 19, 138 19, 2ll 1 19, 334 19,446 !9, 547 19, 670 _ TelP;:rraph and cahle- carriprs:t i 1 1 1 Operatin~n·vpnnes,totalt---~~thous.ofdol__! _____ -~ 10,020 II 10.81>8 10,6fll ll,58fj i 11,llf> I·.· 10,773 10,9n9 j 10,648 11.442 10,6~2 12,;,~7 11, 1S2 1 Te],•graph carriers, totaL__ _ do 1' ~ ______9, 094 9. 932 9, 687 10, 565 I 10, !98 9, \JOG , 10, 188 . 9, 8S2 10, 622 9, 872 11, (,;,4 10, 2U.f 1 1 \Yc"tern Union ·relegraph C'o, rf'venurs I 1 i 1 fromcableopcratwns_-~thot".ofdol ~------566 li9J 5\14 Gf\! 5l\9i 543; !,~3 , 415 441 424 540 4\!4 CahlP (•arnC'rS ______do ______920 93G ~l7:-) 1. 022 918 8tl7 o 11 7flfi 8~1 770 1 \JO:l 888 10. [i:S{) 9, 821 111 1. 2\Jl ()14 ~~Fi~~i:!N6~~~ef:t:-:~::•::::::-_ :::Jg .. :i::::::::: s1.·"408i28! I. 9,~~~, 9,m i:~~~ 91,·~~·~7~~71 ~~~. 9:~z~ g)I~ I 9,gg! i:g!~ 9.":~~ 872 96 Radiotelegraph carriers, operating revenues j i i I, 1 I thons. of doL.------I, Oi2J I, !l6 1, 239 ! 1,149 083 1,110 I, 267 1,179 I. :34F I 1, 2UO I j I 1 CHEMICALS AND ALLIED PRODUCTS CHEMICAJ,S i Alcohol, denatured: Consumption ______--~- __ thous. of wine gaL_! 10,558 8, 505 9, 494 9, 701 10,037 9, 625 9, 497 14, 1.17 15, 5(j(i 13, 5l4 12.441 10,499 Production_ _ ___ do ___ _: 10, 55tj 8, 460 9, .124 9 994 10,037 u. 707 10,-143 13, 6\J4 15,098 13,158 12, 2Jf> 10.010 Stoeks, end of month~------__ ~~do ____ 1 1,40.5 1, 366 1, 392 1:591 I, 586 1, 662 2, 605 2, 445 1, 975 I, 586 I, 3GO 1,468 Alcohol, ethyl: 1 I Production~~ thous. of proof gaL i 22,030 20,381 20,983 20,218 20,948 21,423 22, 457 21. 5!'i9 i 23,350 23,354 2~~. 71)2 24, 224 Stocks, \varehouscd, ('Tid of nwnth do __ 12, !(\() 18,773 20,677 20, H57 21,921 21, 7HH 22, 393 1s, 4Ro 1 13,471 10,027 v. 503 11, \lf\3 \Yithdrawn for denaturing______do ____ i 1\!,070 14,697 16, 730 17,610 17, 752 17, 490 19, 021 2 25, 552 23, 110 22, ()[)() HI, 434 \Vithdra,vn, tax paid ___ ------__ do __ -- 1 1, 7t\G 1, 640 2, 012 2. 035 1,/82 3, 380 2, 020 0: 6!~ i 2, 357 2, 959 2, 12~ 1. 742 MPthanol: 1 ! Exports,rcfine Monthly statistics through December 1939, to-,1941 gether with explanatory notes and references ---I __1_9_4_0~----~----~--~----~-----1 1941 to the sources of the data, may be found in the Fcbru- Fcbru- II March I !\.pril I May I Tune July August I Sep- I October INovem-1 Decem- i Janu- 1940 Supplement to the Survey J ary ary 1 • 1 tember ber ber I ary I I CHEMICALS AND ALLIED PRODUCTS--Continued i OILS, FATS, AND BYPRODUCTS-Con.j I : ! Animal, including fish oils (quarterly)-Con. i I Shortenings and compounds: 'I I I I I I I I Production ... ------.thous. of!b .. .. 273, 119 296, 179 332. 320 __ Stocks, end of quarter ______do .... l .. 57,250 48,144 53,700 ------Fish oils: Consumption, factory ______. ___ .. do ___ _ 63,129 43, 9.o8 ______51,818 1------Production. ___ ._ ... ______._.do .. __ .. 34, 0!5 I :1 ::::' :' 42,816 ------91, 7221 ______~-1 ______166,507 ______Stocks, end of quarter ______do .... _ 203, 521 174,462 1------199,458 ------Vegetable oils, total: I I Consumption, crude, factory (quarterly) 622 I______mil. of lb .. 914 1 756 1,012 i Exports ... ------thous. of lb .. 37, 275 12,091 15, 057 10,245 11,695 9, 680 13,383 7, 290 9, 318 1 8, 7.58 Imports, total§ ...... __ . ___ .. _. ___ ._ .do._ .. 67, Oil 73,214'· 648 96, n29 61,097 66, 579 --~~:i~r~·-;n~r 74,854 57,977 64,460 54,366 68,389 1 51,320 Paint oils. ______...... _.do._ .. 437 7, 580 9,107 1, 3SS 11, 944 15,791 19,533 10,839 2, 7-15 6, 027 1, 300 1, 625 1 1, 239 All other vegetable oils§ .. __ .. __ .. __ .. do .... 58, 999 57,904 62, 424 77,096 64,015 60,660 . - .I .. 1 55, 232 58, 433 53, 066 66,764 1 50, 081 Production (quarterly) ______mil. oflb .. l 910 6~, 6~3 59~ 2~5. 558 540 ------1, 184 Stocks, end of quarter: ! I Crude ______..... do.... _ 861 713 737 935 Cop;;,efined ______-----.do .... -~- .. 754 684 452 570 78,834 70,217 69,664 .. lti, 57,579 1------f,i;~~~;~~tion, ~actory -~~~wrt~~~~~ ~s~~~td~n~:: 271 22,449 35, 633 18, 932 27' 606 1;·, 454 11, 980 1 26, 861 30, 584 27,606 Stocks, end ofquarter ______do .... ___ _ 45, 756 4(;, 933 29,293 1··------34, 797 Coconut or copra oil: [ I . Consumption, factory: . 1 Crude (quarterly) ______thous. of lb 149,761 ll ______i ______14(., 156 148,245 ______--- I 150,410 Refined (quarterly)------______do .... 55,986 ______I ______- '*-· 492 56,248 ------52,296 ln oleomargarine ... ______do .. 1, 841 2, 4641 3. 084 2, 527 I, 575 1, 261 1, 180 1, 142 1, 464 1, 664 I, 528 Imports§. __ . ______... ______. ___ ...... do.... 32,207 26,240 2(, 729 36, 659 26, 286 21,684 36, 1571 34,412 40, 224 Production (quarterly): Crude._ ... ___ ._ .... _.. ______..... _. do .. .. :::::: --~~~~~~- --18,-~~~- 87,781 73, 038 87, 883 Refined ____ . _____ ._._ ... ______._ .. __ do ... . 70,920 ~------69,451 :::::::::1 73,938 Stocks, end of quarter: Crude. ____ ------______.do ... . 196.940 ------202,239 242,973 Refined ______...... _. do ... . 13,407 -----.--- --.---- .. 15.083 2;;~~~~ ~~~~:;;~;~~~;;~;~;;: 14, 123 Cottonseed: Consumption (crush) ... thous. of short tons .. 458 ·124 293 I 173 101 42 77 3531' 700 644 544 560 18 Receipts at mills .... ----- .. ------... do.--~ 225 146 ! 125 599 1, 407 766 657 361 812, 28 1 92~,· Stocks at mills, end of month ...... do .. . 844 ,)21 I 3 i 172 ' 40 86 333 I 1, 040 1, 162 1, 276 I, 076 Cottonseed cake and meal: ~;tJ~~~~ori: ~-- _-_-_-_- ______-_-_-_-_-_-~~or_t_d~ns:: 54 HI 112 I u6 52 3! 1 140 40 I 140 138 !8.o 91 201,822 196, 194 135,993 83, 402 47,227 26. 165 19, 5fi6 36,303 155, 32o 1 3!2, 138 286, 89o 230, 375 248, 9!6 Stocks at mills, end of month. ______do .... 252,947 200,275 175,0931151,995 129, 173 110,9091 79,501 57, 539 95,884 I 130,714 153, 465 175, 700 215, 358 Cottonseed oil, crude: Production ______thous. oflb .. 147,702 138, (;92 98,0751 61, 574 36,438 19,396 14, 1231 23, !58 110,592 224,625 205,192 174, !51 179,475 Stocks, end of month .. ______do .... 176,281 201,407 186, 292 142, 833 98, 843 66, 134 37, 352 24,267 80,274 148,288 182,533 176,626 176,425 Cottonseed oil, refined: I Consumption, factory (quarterly) ..... do 27 3!6, 196 3!2, 007 328.495 In oleomargarine .... ___ . ___ ...... do ... . 10,200 ~: Z~t 1- ·s: iss 8. 468 7, 392 8, 526 8, 275 9, 956 11, 827 10,908 13, 107 Price, wholesale, summer, yellow. prin1e (N. Y.L ______dol. per lb .. .062 . 069 . 0671' . 068 . 064 . 060 . 060 . 056 . 056 . 054 . 057 .059 . 064 Production .... ____ .. ------thous. of lb .. 145, 105 12.), 824 114, 712 97. 318 79, 498 51, 091 4.5, 862 34.262 46,171 134, 3f>8 158,418 168. 517 179,925 Stocks, end ofmonth. ______do .... 507, 248 628,632 645,87516.0,916 600, 480 553, 395 4')3, 658 412, 564 348,042 356, 104 400,259 458, 335 484, 764 Flaxseed: Imports. ______thous. of bu .. 1, 285 1, 763 1, 972 I, 199 1, 434 521 661 ~28 24 704 I, 093 769 1, •s2 Minneapolis: 414 139 127 176 209 161 42 7, 307 5, 813 1, 226 388 407 476 133 119 88 132 172 123 38 1, 180 347 234 4.)2 251 71 ~~g~:~i;;_:_:_:_ _:_:_:_:_:_:_:_:_:_:_:_:_:~:::::::::~g::: 3, 952 2,151 1, 751 1, 237 701 519 248 2,816 7, 073 7, 363 6, 232 5, 410 4, 739 159 2 2 56 170 53 63 1, 566 2, 293 517 537 1 61 168 1 12 1 0 180 0 183 244 1,691 674 2, 042 220 II D~1~!~"t:s·=·::_:::_::_::_:_:_:_:_~-:~:::::::::~~-:::l 434 31 32 88 78 130 10 1, 333 1, 935 1, 778 277 118 275 Oil mills (quarterly): Consumption .... ______------... do ...... 7, 892 6,1\37 6, 943 10. OS:l Stocks, end of quarter. .... __ --...... do .... . 3, 356 3, 148 7, 038 i, O";"i Price, wholesale, No. l (Mpls.) .. dol. per bu .. 1. 75 2.14 2. 08 1. 97 1. 78 1. 58 1. 50 1.48 1.47 1. 59 l. 64 l. 78 Production (crop estimate) ..... thous. of bu .. ... ::::.1 1 31,127 Linseed cake and meal: Exports§. ____ ... ------.. Cold-water paints: 1 Iu dry form ______do ..... I------13:l 186 234 242 207 199 183 193 181 !58 1:38 144 26.l 320 382 413 3 6 251 295 311 302 273 259 288 PaiJE ~~~~1Ih~raccjuer-:a11<1 fiii~ii:· · ___ do.-- ·J· TotaL _____ .... _. ______.. ______do .... i 25, 53(i 30, 370 36,206 41,722 36, 2:"1 34,056 34,991 33,937 37, 748 30,795 27, 326 33, 408 Classified, totaL. ____ .. ______...... do .... i--. 18,806 22, 6!0 26, 552 29,744 25.8::8 24,278 24,9731 24,101 27, 347 22, 8191 20,472 24, 609 8, 920 10, 080 10,972 l!, 051 9, 7:6 9,895 10,619 10, 502 12,594 11, 336 10, 785 12, 206 9, 887 12 . .531 15, 580 18,693 16,0:·2 14, 383 14, 354 13,599 14,753 11, 483 9, 686 12,403 u ~~~~~~~~~::_:_:_~~== :::::::::::::::: Jg:::: 1:::: 6, 729 7, 759 9, 654 ll, 978 10,443 9. 779 . 10,018 I 9, 836 10.401 7, 976 I 6, 854 8, 799 ' Revised. • December 1 estimat.c. §Data rcYiset! for 19:J9; for exports. see table 14, p. 17, and for imports, table 15, p. 18, of this issue. tProduction and consumption of oleomargarine for 1939 have bc•en revised as follows (thousands of pounds): Production-July, 19,266; August, 21,591; September, 28,107; October. 23,789; November, 27,892; December, 25,585. Consumption-July, 20,121; .'\ugust, 21,237; Sept•Jmber, 27,923; October, 23,682; November, 27,235; December, 25,742. The revised data for January 1940 are: Production, 29,359; consumption, 29,407. April 1!1-n SURVEY OF CURRENT BUSINESS 41 Monthly statistics through December 1939, to-11941 1940 '11941 gether with explanatory notes and references ---I---- · -·------·· --- to the sources of the data, may be found in the [ Fc•bru- Febru-1' March I April I May I June I July I August I Sep- I October INovem-1 De('cm- Janu- _1!~0 S~pplement to the Survey ary ary 1 1 tember ber brr 1 ary CHEMICALS AND ALLIED PRODUCTS-Continued I CELLULOSE PLASTIC PRODUCTS I I Nitro-cellulose, sheets, rods, and tubes: I Consumption ...... thous. of lb .. 186 2121 174 171 212 I 168 168 280 247 207 IS:J ISJ Production ...... do. I, 016 1, 090 852 800 770 1 899 890 1, 093 1,096 1, 061 1.10'1 1.167 Shipmentsci' ...... do .. 918 9251 848 926 850 I 955 970 1, 113 1,136 1, 131 I, 06S 1,112 Cellulose-acetate sheets, rods, and tubes: Consumption ...... thous. of lb 7 12 18 10 6 I 8 7 8 9 5 8 7 Production...... do .... 637 550 558 702 634 565 773 826 983 934 867 6i7 Shipmcntsci' ...... do .. 655 589 490 649 562 408 784 755 944 1, 037 733 (l7.J Moulding composition: Production ...... do .... ------972 I, 104 95I 893 871 897 1,423 I, 709 I, 926 I, 606 I,no 1, 632 Shipments!...... do .... 878 I, 022 904 837 682 777 I,342 1, 50I I, 783 I, 4IO 1, 317 1. 581 I ROOJ<'ING I Asp!Jalt prepared roofing, s!Jipments: I I Total...... thous. of squares .. 2,105 2, zs6 1 2 2, 982 4, 254 3, 006 2,111:1 2, 249 ------2, 0681 2, 7071 3,4841 3, 9471 Grit roll ...... do .... -··------488 490 588 I ' ~~i I 734 827 I, 012 I, I38 I, I47 888 769 888 625 670 I 92I I 1,1841 1,0761 I, 166 I, 293 1, 358 1, 370 88I 570 533 ~~~~i~s r<.;W_~:p_e_s!:~::::::: ::::::::: :~~:::: 1::::::::: 992 9os I 776 980 897 989 1,179 1, 45I 1, 737 1, 238 s24 I 828 ELECTRIC POWER AND GAS I i ELECTRIC POWER I Production, total• ...... mil. of kw.-hr .. 12,313 11, 104 11,514 11, 193 11,609 11,485 12,091 12,450 11,977 13, 063 I 12, 771 13,456 13.641 By so urce: I I. Fucl...... do .... 8, 395 7, 914 7, 583 6, 645 7,006 7, 270 7, 931 8, 482 8,124 9, 404 8, i37 9,0.'8 ,.9,0fi4 Wat or power ...... ______do .... 3, 918 3,190 3, 931 4, 548 4, 603 4, 215 4, 159 3, 968 3, 853 3,659 4,034 4, 398 r4, 587 By ty pe of producer: Prh·ately and municipally owned electric ut ilitics ...... mil. ofkw.-!Jr. 11,027 10,258 10, 557 10, 2i7 10,616 10,402 10,937 11,239 !0, 678 11,706 11,431 12,115 12, 311 Ot!J cr producers ______..... do .... I, 286 846 957 916 992 1, 083 1,154 1, 211 1, 299 1, 357 1, 340 1, 34I '1,:330 Sales to ultimate customers, totalt (Edison Electric Institute) ...... mil. of kw.-hr .. .. ------9, 495 9, 327 9, 270 9,369 9, 474 9, 610 10,099 10, 057 10,402 !0, 577 10, 8Q5 Resid entia! or domestic ...... do .... ------2, 037 1, 921 I, 856 1, 787 1, 798 1, 769 1, 828 1,890 1, 922 2, 093 2, 222 Rural (distinct rural rates) ...... do .... ------83 93 124 153 208 261 288 260 180 131 109 Comrn ercial and industrial: ~------Smalllight and power...... do .... ------1,833 1, 770 1, 758 1, 742 1, 799 I,820 1, 915 1, 926 1, 886 1, 980 2, 034 1...... Lar ge light and power...... do ____ ----·--- 4, 541 4, 537 4,611 4, 799 4,827 4, 908 5,186 5, 117 5,447 5, 369 5, 4-1~ Street and !Jighway lighting ...... do .... ----- ... I83 174 155 143 130 136 149 165 !89 201 217 Ot!Jcr public authorities ...... do ...... 232 226 221 ~15 215 212 224 222 233 237 2·18 Railw ays and railroads ______do _____ .. ... 520 538 482 468 439 444 451 442 488 504 5ii! Intcrdepartmental...... ---······--····do ..... ---- 66 68 63 62 58 61 58 35 58 61 f\7 Revcnu e from sales to ultimate customerst. (Ed is on Electric Institute) ..... t!Jous. of dol.. ---- 203, 265 197, 365 194,415 193, 2s8 I 195, 746 195, 556 201,936 204,421 207, 034 2I4, I6I 2I9, 913 GASt 1-Ianufacturcd gas: Custo mers, total...... t!Jousands ...... 10,071 10,052 10,025 10,119 10,134 10,154 10,175 10, 252 10,273 10, 245 10,287 r------Dom cstic ...... do ...... 9, 351 9, 334 9, 296 9, 383 9, 412 9,442 9, 461 9, 520 9, 518 9, 486 9, 514 Housc heating ...... do .... ------·· 257 246 256 263 252 242 244 255 285 297 3Qg Ind ustrial and commercial...... do .... ------454 460 461 460 458 459 458 458 ' 459 453 455 Sales to consumers, total...... mil. of cu. ft .. ------37, 307 35, 873 34,182 32,075 29, 009 I 26,792 25,310 27,892 ' 30,939 34, 114 38,305 Dornestic ...... do .... ---- I7, 446 17, 167 I6,09! 15,909 16,995 16, 107 14,780 16, 79I 17,422 15, 63I 16,028 House heating ...... do .... ------10,071 8, 522 7, 255 5, 5R4 2, 205 I, 246 937 1, 25I 2,868 7, 355 10,902 Ind ustrial and commerciaL ...... do .... ---- ... 9, 568 9, 97I 10,646 10,414 9, 669 9, 268 9, 463 9, 701 10,464 10, 9I6 11, 121 Rev en ue from sales to consumers, total I t!Jous. of doL. ---- ... 35, 236 33,728 32, 159 3I, 650 30,250 28, 387 27,075 29,609 31,689 33,I06 35,412 Domestic ...... do .... ------21,675 21,182 20,906 2I, 943 22,422 I 21,425 20,265 22,204 22,788 21,859 21,971 I:: Hot1se heating_ ...... do .... ------6, 718 ·'· 795 4, 518 3,102 I, 621 I 985 802 l, 119 2,183 4, 200 6, 232 Ind ustrial and commercial...... do .... 6, 708 6, 615 6, 598 6, 493 6, 122 5, 8931 5, 91! 6,192 6, 597 6, 912 I 7,061 I: Natura1 gRs: I Custo mers, totaL ...... thousands .. ------7,442 7,480 7, 459 7,477 7,443 7, 422 7, 462 7, 524 7, 596 7, 7141 7, 763 Domcstic ...... do .... 6,873 6, 902 6, 886 6, 920 6, 912 6, 896 6, 941 6, 997 7, 044 7, 12I 7,157 I ••••• Ind ustrial and commercial...... do .... ------567 575 571 555 529 524 520 525 55! .090 604 ----- Sales to consumers, total...... mil. of cu. ft .. ------158,466 136,886 121,805 108,434 95,843 93,287 95, 559 100,181 109,818 125,664 146,264 llornestic ______. ______do ____ ------63,519 49,721 40,069 30,698 21,403 17,775 16, 141 17,363 22,192 33, 874 49,268 I Ind I., coml., and elec. generation _____ do ______93,189 85,604 81,049 76,522 73,187 74,355 77, 741 80,980 85, 726 89, 790 94,956 1:: Revc nue frmn sales to consumers, total 1 59,677 50,136 43, 311 36, 7221 30,517 28,190 27,910 29,104 33,296 41, 144 51,230 Dom estic...... _t!Jo~~--o~~ol :1::::::::: 38, 437 31,239 26,299 21,293 I6, 372 14,093 I3, 118 I3,656 16, 521 22,708 30.621 1:::::::: Ind '!.,com'!., and elec. generation .... do .... , ...... 20,938 IS, 609 16,890 15,226 13,957 I 13,897 14, 582 15, 226 26,541 I8,168 20,328 1····--· FOODSTUFFS AND TOBACCO A LCOHOLIC BEVERAGES Ferrncnte d malt liquors: Product ion ...... t!Jous. of bbL. 3,660 3, 477 4, 385 5,124 5, 4851 5, 5971 5, 581 5, 074 4, OOI 3, 915 3, 863 Tax-pai d withdrawals ...... do .... 3,185 3, 238 3, 811 4,187 4,884 1 5,856 5, 320 5, 393 4, 300 4,194 !;:: I 3,200 Stocks...... do .... 7, 787 8, 000 8, 393 9,127 9, 509 9, 019 9, 324 8, 776 8, 314 7, 840 ~~~I 7,483 7. 325 7. 001 Distilled spirits: I Production ..... _... _..... thous. of tax gal.. I5, 13I 12, 125 13,232 13,949 1 13,926 10,658 7, 581 6, 742 16, 70I 21,487 17, 5671 15, 712 16,015 Tax-p aid withdrawals ...... do .... 6, 974 7, 928 8, 398 7, 793 7, 522 10,862 7, 634 4, 850 8,I76 11,494 13, 173 8, 9.18 6,043 Impo rts .... _...... tho us. of proof gal.. 630 623 748 775 866 1, 824 702 504 770 I, OR4 1,240 1.3861 576 Stock s ...... tho us. of tax gal.. 536, 9I7 5I4, 490 5I7, 589 522,515 525, 44I 525,395 523, 596 52I, 601 5I9, 017 518,638 518, 358 522, 699 530,859 Whisky Produ~tion ...... do .... 12, 658 9,878 IO, 58S 11, 233 11,492 8, I87 . 5, 200 3, 252 6, 762 10,303 11, 761 1 13,532 Tax-paid withdrawals ...... do .... 5, 834 6, 616 6, 461 5, 773 5, 827 8, 33I I 5, 475 3, 6!7 6, 354 8, 982 10,529 ~:~~f I 5,019 Impo rts ...... tho us. of proof gal. . 568 534 645 674 752 1, 570 589 413 66I 930 1, 096 1, 210 I 510 Stock s ...... thous. of tax gaL_ 1 491,301 470, 5I4 473,278 477,873 480, 599 480,938 479, I89 477,484 476,980 476, 298 475,611 479,102 486,I33 •Revised. ci'Includes consumption in reporting company plants. ~Excludes consumption in reporting company plants. tRevised series. Data on manufactured gas revised beginning January 1938 and natural gas beginning January 1937; see tables 24 and 25, pp. I6 and I7 of the May 194() Survey. Electric power sales and revenue from sales will he revised beginning 1937. At present, revised data are available beginning January 1939. • For mont!Jly data beginning January 1920 corresponding to averages shown on p. 97 of the 1940 Supplement. see table 58, pp. I7 and 18 of tile December I940 Survey. 42 SUHYEY OF CCHHEKT JH.'SIXESS .\pril HH1 Monthly statistics through December 1939, to· ' 19H l!HO - 1941 I~------~---~------··------gether with explanatory notes and references --- to the sources of the data, may be found in the Fehru- Febru- . . Sep- Janu· j an- arv :\larch . Apnl C\lay June July : August ! temt 1 October N ovem·i' l >eeem- 1940 Supplement to the Survey ber ber ary [ • ____~__ , ------: : )er FOODSTCF.FS A~D TOBACCO--Continued ALCOHOLIC IIEVERAGES--C'ontinurd Rcctit1ed spirits and \vines, pro(1uetion, tol·at thous. of proof gal :;,:)>;1) :;, 402 3, 4.'0 3, 721 3, 466 ;,, 239 4,3n 2, 389 4, 182 6, 114 6, 7-Hl 4. 553 :un Whbky______------_<[,, __ :?,t;;):) 2. s:w ~. 669 i 2, 76·! 2, 694 ·l,ns :;, 445 I, 630 3, 501 5, 356 5, 856 ;1. 755 i 2, ;)33 Indicated. consumption for beverag~:_· ptlfJ)O<'t's: All spirits ______thous. of proof <;aL _ \1, lHi n, ·"su 10,.113 10, ISO I u, 720 1-l.mn 10,142 ' 6, 413 10,350 14, 525 16.856 12. 2~;3 I ,:;, l),jt) Whisky______do !--;,lOr; s, UUJ s, Go:J o, 13G b, 221 12, c:l7 o, 34o I 5, 003 9, 060 13, 074 15, 2:Jl 10.894 i i. OGS St~~~~d~~ti~n- ______thous. of wine gaL I 2, (\(j(i 1. ~n2 1, ~:ll i !· zt~ 2, 019 3, 303 1 22,108 100.105 10.5,64; 35,602 10, 147 2. OS~ Tax-paid withdrowals______do 5, :l\J:J 6, :J:l2 . f), IJ/1 {), ~~- 10, -l'..?V -1, i30 6, 435 Imports______do 3, as:; I 8. ih1 10, 273 w. :n:~ li. liS2 107 2:;3 2"11 i :25'2 306 (jl),) 1~() 102 136 251 216 2fi7 l20 Stocks_____ do --!- 121, S76 llfi, :l42 l\0, 706 105. ~HO 93, 2.!.5 91, 237 I 93,969 132, 148 170, 183 17'2, 258 Hl3. 77 4 1.~7. 724 Sparkliug wines: Production. ______do_ IS 16 83 II 34 50 .54 73 WJ li2 'fax·paid do 28 \vithdrawals ______11 l7 :H IS 20 52 84 125 !G2 39 :!() :!-! !Ill 18 32 54 36 4!i 10 1~J~~st~~ ~ -_ -_ -- -_ -_ -_-_ -_ -_-_-_-_-_- ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~i~ son 1 5:_{8 !i!i() fi~~ I 680 678 643 .589 ! tfl2 !'il2 DAIRY PRODUCTS .Butter: Consumption, apparent t ______thotlS. of lh __ i I H. X~1 147. li(\1 lAO, o;:J 174, R7:l 1 !9, 5,;9 U1, ~)~~ 15~l. 223 150, 219 158, 235 152, 949 L'iO, 747 l-IS. 007 I'rice, wholesale, IJ2-score C:"l". Y.) _dol. per lh _ ,: .:n . ~\-} . :? ...; • :1~ . 27 . 28 . 2\J . 30 . :J3 .:::.1 . 31 Production, creamery (f Aif.,~J;,ction (crop estimate), ____ thous. of btL. ------1I t 115,45() Shipments, carlot __ ----· ____ .no. of carloads __ 4, 284 4, 912 4, 639 3, ,j(j:_? I I, 614 I 577 573 721 4, 251 9, 8G2 5, 906 4, 32:3 Stocks, cold storage, end of month I thous. of bu __ lll.ooo 14,493 s, 638 3, GOU 1, 135 0 0 0 8, 890 31, 364 34,086 28,G.56 Citrus fruits, carlot shipments __ no. of carloads .. J.o. flO-! 14, 334 14.9t\O 15, 511 13, 34t) 12, 321l 10, 052 10,150 7, 854 11, 664 13, ·ll9 Onions, carlot shipments ______do ___ _ 16,591 l, 569 1, 814 2, 224 1, Gil 2, 432 !, 636 1, 032 1,195 2, 30i 2, 938 1, 753 1, :Jil4 (N. Y.) ..... PJl~i~:~;;~V~~;;e doL per 100 lb.- 1. 5:31 I. 875 I. 981 1 2. 095 2. 131 2. 194 i I. 710 I. 58! I. 675 I. 445 I. 350 1. 420 Production (crop estimate) _____ thous. of btL. ------·------1397,122 Shipments, carlot .. ______.. no. of carloads.- li. Hit) ! --IS:798 21, Sin ~- 2?:iso-l 14, 41i 7, 799 12,492 17, 91i 12,508 11, 491) GRAINS AND GRAIN PRODUCTS ,., r ,: '" I i Exports, principal grains, incl. flour and meal§ I I thous. of htL _ 3, 27U w, 20-1 I 9, 324 i 5. ti36 3, R25 I n. 289 i 10, 13/3 6, 630 5, 789 10,141 5, 210 2, ;\19 Barley: Exports, including malt§ ______.do ___ _ !Gti 358 229 185 zo6 I 218 22s I 74 122 104 173 lWl Prices, wholesale (Minneapolis): No.2, malting .. ______... dol. per bu __ ,cJI] l . 57 i . 56 . :08 . .17 . 48 . 52 . 52 ..54 P~3ti~ii~~-a(~;~;;;:,;ti·,;,;;tei -_-_-_-_-_tilotis: ~1°tu :: __ . 51 . 54 . 53 . 56 • .j:) :~~ :!g ! . 45 . 50 . 51 . 53 ------__ I : 309,z:l5 Receipts, principal markets ___ --.----- .do __ .-~ 5, 6-t.) i 5, 059 5, 9!0 5, Ofl7 ::,847 ·) s-o :~ 1-----~~~- 6, 628 14, 1551 8, 40() 7, 117 7. ~77 6. 49r, Stocks, commcrcml, end of mo .. ______.do __ __ !(), 079 I 1:), 943 10, ss:; 1 S, S09 ti, 956 5:598 10, 254 11, Oi4 11, 371 9, 682 9. GIO 8, 19.1 ('~: I E'ports, including meal§ ______do ____ i .15~ 5, 796 1, 867 1, 4tl7 I, 261 '• 139 G. 701 3, 357 I 2, 372 5, 512 950 'j~l) Grmdmgs ______------______.do_---, 2 6. 4S7 7, 076 (i, 874 7, 042 7, G07 b, 31JO 5, 9-10 6,324! 6,674 7, 533 6, 385 2 i, 294 Prices, wholC'sak: i · :-so. 3, yellow (Chicago)t ______doL per bu __ , .ll2 ..~8 .58 1 .03 . 69 . 66 . 65 . 64 . (if) No.3, white (ChlCago) ______do __ __ . fl2 1 . 66 .116 .66 .74 (3) (3) (') . 69 . 69 ,;• \Veighted average, 5 markets, all grades I . "' dol. per bu.- i . ;)~ .58• .58 .134 . tiS . 66 ' . 65 . 66 . 64 . 63 . 63 . 58 . 59 r Revised. 1 December 1 estimate. 'For domestic consumption only, excluding grindings for export. a No quotation. ,Production in "commercial areas"; not con1parable with earlier estimates of total crop or "comntercial" crop. Some quantities unharvested on account of market con- ditions are included. tFor monthly data beginning 1913, corresponding to monthly averages shown on p. 105 of the 194(1 Sure - - Monthly statistics through Decem be; J-939, to- : Hl41 1940 I 1941 gether with explanatory notes and references,'____I , - -· ·--,.-,.------,,------;----,------,---,---- to the sources of the data, may be found in the Fcbru- Febru- , :\hrch i. April : l\Iay 1 June I July I August I Sep- IOct 0 be IKovem-1 Decem-! Janu- 1940 Supplement to the Survey , ary ary ' 1 I tember r ber I her 1 ary 1 .FOODSTCFFS AND 'l'OBACCO-Continued ------I GRAINS AND GRAIN PROHUCTS-Con. i I I Corn-Continued. i I, I ,1 1-)roduction (crop estirrulte) _____ thous. ofbu __ / ___ --·-- 1 __ I --· ---- i ---- ...... ,- 22 4-19 :200 R.. cccipts, principal markets ______uo ..... l1~. H?2 "i:J; i2u-ll 1!, 996 ·, 13, 1161 23, 411 I 22, 464 19, z:Ji-', ·2s:s9zl--:i7;6ti9- 2i:6o8 '2o,ho --1G,4:J3 11, iiJO I' :::;lupmcnts, prmcipal rnarkets ______do____ 1,0Jl 7, 777 5,9!)5 1 g, 633 17,31(\ H.:l39 I J;i, 126 12,385 12, 617118, 6GO !2, 190 10, 4:\3 9, 1>.50 O~t\~cks, commercial, end of ruonth______do____ 70, 1-t~ 40,575 1 39,704 I 34, 142 24, OJG I 25, 419 26, 354 28, 11911 41,181 59,314 65,489 70,06/ 70, ~78 I ~:xports,includin!(oatmeal§ ...... uo ____ J 70 1r.4 2281 57 i s3 I 105 , 56 69 w ~ ~ ~ ~ 1 I Price, wholesale, No.3, white (Chicago) 1 1 1 dol. per btL_, . 37 431 431 .43 ! .4\ • 35 I . 32 I . 30 .m .M .~ -~ . 38 Production (crop cstimate) ______thuus. of bu .. [____ --- -.- : .. '-.,- --- -,-~, - -- - 1---- 2J 23.0 fi2S I_l."ccipts, prineipal markets ______uo ____ i 3,~;;g 4 921 4 5 1 4.- 1i'S I 3,026 I, \Jl2 -t3:2S7- -~~7.075- ---4;238- ---4.-031- 's,~h7 3, 54:J R~~~cks, com1uercml, end of month ____ ... do ____ i 4, ,4,1 7, 8G7 1 7. .1:19 G, 204 4, 619 3, 130 ~: ~~~ 8,3\15 9,141 7,093 6,688 6,592 5, Gti-1 Exports§ ______pockets (100 lb.). 42~. 116 316, 774 292, 2i8 358, 185 -I 1 287,517 289, 5(i2 294,632 246, 135 190,209 217, 498 245, 881 347,580 350,908 23 036 40 905 27, 572 .5!), SGO 4:3, 3571 22, 711 .52, 240 18, 406 21, 221 23,675 lti, 228 8, ·121 ~~~~~~r~h-t:Jesa~e~-t1eact:-ciea-n-(New-oric~~s5--l i,u:):J ' ' ' dol.perlb.. .tHO .O:l9/ .039 . 039 . 040 . 034 .1)35 .o:m Production (crop estimate) ____ .thous. of bu._ .. .. ______,_ . --- -,--- . -I----. ----: 2 52, 75:1: Southern t3tates (La., 'rex., Ark., and Tenn.): ~ 0~~ ~ 0~8 03~ -I ~3~-'--- -~ ~~3 -I Receipts, rough, at mills thous. of bbl. (162lb.)__ 76a 982 9ti7 919 I s4-1 366 283 280 2, 379 1, 51\J I, 287 Shipments from mill.:3, milled rice thous. of pockets (100 lb.).._ 1,1:l4 1,108 1, 041 1,080 1, 135 954 748 772 1. :: ::: I I, 413 1, :371 I, 4:ll t)tocks, domestic, rough and cle Monthly statistics through December 1939, to-,1941 1940 1941 gether with explanatory notes and references ---I 1 1 ' I .hum to the sources of the data, may be found in the Fcbru- Febru-~l\farch 1 Aprl·l 1 'fay 1 June : I , I Sep- I' 0 Novem-IDI'C'L'm- 1 " 1 ber 1940 Supp 1 emen t to the Survey ary ary - , 1_____ , __ Ju Y , .-..ugust I tember ctober ber ary 1 1 1 1 -~----~----~---· FOODSTUFFS AND TOBACCO-Continued ------~---~--~--~------,---,----,---~--,--~---- LIVESTOCK-Continued 1 I Sheep and lambs: Receipts, principal markcts .. thous. of animals. 1, 416 1, 424 1, 440 1, 876 2, 002 I, G87 1, 894 2, 0681 2, 523 2, 737 1, 7761 1. f97 1. 721 Disposition: Local slaughter ______.do____ 850 863 824 I, 046 1, 077 915 972 8761 954 1, 085 9081 91 i 99i Shipments, totaL ______do____ 5()8 559 620 828 917 779 921 1, 188 I, 530 I, 669 883 1\88 i18 Stocker and feeder ______do____ 128 84 89 156 !69 132 214 383 610 890 320 154 148 Prices wholesale (Chicago): Ewes .. ______doL per !OO!b.... 5.G:l 5. 53 '·O I I 5. 09 5.10 4.16 3. 84 3. 45 3. v 3. 83 4. 01 4. 03 I 4.10 5.22 Lambs ______do____ 10.09 8. til) 9. 64 9. 6i 9. 63 10.16 9.14 8. 75 8. 54 8. 88 8. 88 ~~.on 9. i8 MEATS Total meats: I Consumption, apparent______miL of lb._ 1. 071 1, 054 1, 132 I, 107 I, 200 1, J.l4 1, 152 1, 228 1,167 1, 200 '], 2.)0 I, 3651 1. 1 Exports§ ______...... ______do ___ _ 21 61 30 28 21 19 35 17 16 17 2~~ 18 IS Production (inspected slaughter) ______do ___ _ l,l:l\1 1, 214 1,1G5 1,133 1, 200 I, 17i 1,122 1, 068 1, 051 1, 349 1, 442 1. tl.10 1. 3S6 Stocks, cold storage, end of month ____ do ___ _ I, 309 1,093 I, 100 1, 031 1, 0~~ 1, 0134 974 i96 662 6~~ I i88 l,J(ij ' 1' 238 Miscellaneous meats______.do ___ _ 89 107 101 87 79 i7 67 58 66 !U2 ' \JS Beef and veal: I Consumption, apparent______thous. of lb .. 428,542 424, 129 425, 409 467, 534 484, 143 441, lli3 479,493 480, 723 456.800 524, 736 463, 3i\.o ·t3H, 04S : .. 502, 771 Exports§_------do____ I,Oi9 1, 767 1, 325 1, 491 1, 366 1,323 I, Oi6 1,403 I, 280 I, 508 1,609 1.11'1 I l.OIJil PrirP, wholesale, beef, fresh, native steers (Chicago) ______doL per lb .. .180 .150 . 159 .166 .170 . 165 . 176 .183 .192 .186 . 190 .In .W3 Production (inspected slaughter) .thous. of! b._ 410, S21 41.1, 207 419,498 4.13, 508 467, 179 429,851 4il. 496 469,808 452, ,0!5 532, 165 483, 04.5 4fi9, :26,~ f 49fi, ;><,,)0 Stocks, beef, cold storage, end of mo ____ do ___ _ 99, OUi i4, i08 72, 560 62,020 53, 193 45, 972 42,004 35, 6fi3 36, 303 48, 245 71,508 lUli, 990 1' 1OS, 622 Lamb and mutton: Consumption, apparent______do ___ _ fH, 02\~ 56,124 54,871 57, 305 5fl, 647 52,427 54,886 57, 579 57,848 69,165 58, i05 0~. 314 I r 70, 327 Production !inspected slaughter) ______do ___ _ GO, 8110 56,281 54, G77 56, 657 56, 507 52, 245 55,019 57, 457 58, lOS 69,618 59, 332 5D. 02fi , 6~. ~~:)6 Stocks, cold storage, end of month. __ .. do ..... 4, 410 I, 488 4, 257 3, 580 3, 463 3, 254 3, 342 3, 192 3, 411 3,817 4, 42i 5, lHI r 4,()99 Pork (including lard): Consumption, apparent______do ___ _ 5S1, 555 57:3, 245 651, 337 642, 696 659, 459 650, 21)7 617,900 6811, 594 651, 872 'iii, 486 766, 548 1 702. t172 r677,3tlS Exports, totaL------______do ___ _ 11. f10a 52,815 25,356 23,806 18,1164 15,826 31, 4i2 14, 158 13,854 14. 033 1:l, 555 1 Li,034 lo,\Hl Lard __ ------______do ____ 14, s:lo 25, 133 20,654 18,849 14,889 12, 697 28,239 10,181 9, 956 10,198 10,2281 12,302 13. GoG Pnces, wholesale: 1 Hams, smoked (Chicago) ______dol. per lb __ . 218 .173 .168 .168 . !71 . 173 . 175 .178 .183 .183 . 183 i .b3 .200 Lard, in tiercf's: Prime, contract (N.Y.) ______.. do ___ _ .Oii2 . 067 .Ofl:J • 0116 . 000 . OfiO .004 . 055 . 055 . 052 . o53 I . 0.1(1 . 0.57 Refined (Chicago) ______---- _do.--- . 075 . 072 . 070 . 072 . 070 . 065 . 0()9 . 066 . Oil . 068 . 069 i . OG;;:; . 075 Production (inspected slaughter), total 1 tho us. of lb._ GliG. !J.\li 742,054 fl90, 347 6'''' 544 6i5, 942 61!4, 535 595, 749 541, 180 540,486 747, 045 899, 321 1.021.219 ! iRS, b44 Lardf ______do.___ IIi. 714 140,979 \30, 199 113:315 121, 95tl 1:!1, 511 103,983 90, 525 84,310 114, i89 145,38i 1s1,\lli 1 138.836 Stocks, cold storage, end of month._-- .. do ____ 1,116,227 907, 2(!3 921,510 878,008 gif>, 512 905,296 851,896 (189, 854 564, 904 526,878 646, 492 950, 238 1'1,046,817 Fresh and cured .. ______do ____ 790,3S.I 650,653 652, 733 611. \!56 592, 575 5\18, 522 548, (;88 417,51\4 329,214 303,712 408. 900 6.16, l G9 j' 739, 927 Lard, ______do.___ 325. H42 25f·, 6·40 268, 777 2fl6, 052 283, 93i 30(), 774 303, 208 2i2, 290 235,690 223, 166 237, 592 294,069 i' 306.890 1 POULTRY AND EGGS I Poultry: I Receipts, 5 markets ______thous. oflb__ 19, lf>!J 22,671 22, 0[)4 l'J, 889 26,042 ~·s, 212 2fi, 892 32,987 31,087 44, 248 89,802 SS. 00.1 i 27. 933 Stocks, cold storage, end ofmonth _____ do ____ 1G:l,:H7 144, 759 115, 442 86, 226 76, 904 1'2, 331) 82,415 i 82,178 90,842 114,257 159, 110 20'.36'· ,-191.410 Eggs: Receipts, 5 markets ____ . ____ thous. of cases. 1,110 1, Oli 1, 734 2, 238 2, 3G'J 1,682 ], 274 ' 943 799 727 682 73-! I, Oo5 Stocks, cold storage, end of month: I Shell______thous. of cases_ 2!l8 81 8.\4 I :l, :l41 .1, 980 7, .11:1 7, 7S4 7, 241 6, 040 4, 144 1,9119 (il-! .. 2U7 Frozen ______thous. of lb__ 4.\, 120 38, OiO 44, W9 , 7g,4M 123, i93 120, 31)() 154, 'J47 145,653 130, 737 111.815 91, 2i3 73. :)2(\ r 53. 828 TROPICAL PRODUCTS Cocoa: I Imports§ ______.long tons --1 27,615 30.917 14,865 11, SSG 20, 119 22, 28~ 41, 185 35,396 24, 1>35 30, 053 30, 082 40. 543 33. 795 Price, spot, Accra (N.Y.) ______dol. per lb . 050 . 0538 . 0556 . 0600 . 0553 . 0495 . 0466 . 0426 . 0451 . 0452 . 0489 . 0534 . 0520 Coffee: Cle-arances from Brazil, totaL_thous. of bags __ 1, ~~~ 1. 384 1,162 926 1, 342 701l 733 847 804 1, 050 1, 094 I. 306 i I. 455 To United States______do ___ _ 9/;) 668 71 i 539 944 571 6011 650 708 912 896 1.149 ' 1. 214 Imports into United States§ ______do. __ _ 2,21)() 1. 228 1, 443 I I, 274 l, 339 1, 226 1, 393 1,148 994 1, 247 I, 386 1, fJ05 I 2. 010 Price, wholesale, Rio No.7 (N.Y.) dol. per lb __ . 057 . 056 . 056 ! . 055 . 053 . 053 . 053 . 051 . 051 . 051 . 052 . 053 : . 0.)3 Visible supply: United States ______thous. of bags __ 1, GOO 944 1, 053 895 I, 018 997 992 975 1, 044 997 I, 099 ), 157 l 1. 300 Sugar: Ra'v sugar: Cuban stocks, end of month thous. of Spanish tons .. 1, 258 , 1, 258 2, 226 2, 501 2, 200 :?, 021 1, 776 1, 650 1, 568 1, 473 1, 216 1,181 i 1. 037 Unitc.d States: Meltings, 8 ports. ______long tons __ 323,430 289,291 333, 186 339, 755 351,629 331;, 579 380, 198 318, 357 368, 346 303, 215 350,401 30,), 978 30i, 619 Price, wholesale, 96° centrifugal (N.Y.) dol. per lb. .030 . 029 . 028 . 028 . 028 .027 . 027 . 027 . 027 . 028 .029 .029 . 029 Receipt!': From Hawaii and Puerto Rico [ long tons __ 95, 057 117, 576 129, SiS 156, !55 148,904 6'-,831 100,932 123,983 125,256 127, S22 136, 764 n~. 252 I 34,554 Imports, total~§------do.---~ 276,810 208,959 211, 02i 207, 784 222, 532 23:!, 048 221.696 198,490 143, 034 145, 042 175,548 113. 186 ! 23G, 098 From Cubat. ______do ___ _ W4,U!U 121,604 157, 045 143, 329 129, 006 J4f,, 833 !55, 545 98, 623 90,986 73, 155 91,442 51, 607 i 14S, 938 From Philippine Islandst. ______do. __ _ 101\, 3!Ji 71, 107 49,971 GO, 535 93, 447 71•, 824 66, 140 99,852 52,041 71,884 79,097 45, 955 . 83. 458 Stocks at refineries, end of month. _do ___ _ 2'Jfl,i96 445, 039 501, 547 500,912 5.57, 928 55;·, 564 487, 637 474,426 412,105 315, 501 295, 661 2i7,946 i 2i6, 034 Refined sugar (United States): Exports ______do. __ _ 993 13,631 15,132 19,001 18, 392 3f, 6311 2, 034 10,977 7, 420 3, 995 6, 305 2,996 i 6. 720 Price, retail, gran. (N.Y.) _____ dol. per lb .. .050 . 051 . 051 . 051 . 050 . 050 . 050 . 050 . 050 . 050 . 050 .OcO . .050 Price. wholesale, gran. (N. Y .) ______do .014 • 044 . 044 . 044 . 044 . 044 -044 . 043 -043 . 043 -043 . 043 .043 Receipts: From Hawaii and Puerto Rico .. long tons __ 22, 7:)7 25,879 28,710 211, 245 29, 115 13, 755 3, 991 271 1,109 1, 406 1, 654 2.0.1-t 2, 36fi n.:Jnl 24, 4fi2 35, 073 ' 53, 878 45,750 37,488 40, 1291' 43,668 35, 298 25,983 10,076 904 12. Pitl Im/r~';.s·d~~~L:::::::::·:::::::::::~~:::: 211. 251 22, 275 31,278 : 4.1, 689 38,471 35, 273 32,048 37,562 29,711 ' 24,994 6,155 241 i, 477 From Philippine Islandst_ .. ______do ___ _ 2. S57 2,176 3, 794 I 8, liS 7, 261 2,187 8, 056 6, 023 5, 571 ,· 960 1, 362 47\J .1. 207 Tea, imports ______thous. oflb ... 8, 863 8, 853 8, 056 8, 630 4, 921 6, 510 7, 316 I 7, 176 7, 783 1 9, 030 9, 364 9, 38.1 i. '3" • Revised. tRevised seriee; revisions beginning January 1937 appear in table8, p. 18, of the January 19418nrvey; se.e also note marked "'"which applies to both production and stocko. t Monthly figures beginning 1913, corresponding to the monthly anrages shown on p. 113 of the 11•40 Supplement, are available on request. Un accordance with new definitions effective November 1, 1940, fats rendered from hog carcasses formerly reported as "lard" are now reported as "lard" and "rendered pork fat." The two are here combined to have figures comparable with the earlier data. §Data for exports and imports revised for 1939; see tab!<' 14, p. 17, and table 15, p. 1~. respectively, of this issue. April 1!!41 SURVEY OF CURRENT BUSINESS 45 Monthly statistics through December 1939, to-,1941 1940 11941 gether with explanatory notes and references ---I , - --- lo the sources of the data, may be found in the FPbru- Febru- •' M h [ A . j M I J I J _ I A t I Sep- I t b INovem-~ Decem- Janu- Jg4o Supplement to the Survey ary ary arc pn1 ay une u 1Y ugus 1 tember 0 c 0 er ber ber , ary 1 1 1 FOODSTUFFS AND TOBACCO-Continued MISCELLANEOUS FOOD PRODUCTS I I I Candy, sales by manufacturers ___ tbous. of doL_ 20, 411 19,338 18, 216 I 16, 212 15, 9.>3 1 12. 268 12. 820 15, 679 23,409 24. 111 I 24, 1591 22. 709 19,076 Fish: Landings, fresh fish, prin. ports __ thous. oflb __ 29, 189 '2~. MR 25, 298 I 20. 344 26, 6031 35, 583 ,).), 715 51,461 44,624 40,836 36, 070 31. 518 22,027 Salmon, canned, shiprnents ______cases __ 399,199 198, 8161' 603, 249 86, 061 204, 827 375, 008 880, 148 794,289 817,370 463,549 728,566 530, 784 Stocks, cold storage, 15th of month thous. oflb __ 71,333 62,622 45, 592 34, 835 33, 756 1 45,473 62,062 76,479 86,321 94, 006 95, 531 100, 088 ' 86, 880 Gelatin, edible: Monthly report for 7 companies: i Production ______do __ --1 1. H86 1, 924 I, 949 I 2, 029 1,6881 1,587 1,229 1,150 1,160 I, 397 1,625 I, 856 1.806 I, 5J:l 1, 571 I, 618 I, 737 1, 711 1. 622 1, 715 I, 674 1, 399 I, 595 1,636 I. 775 1,617 ~r~~~e~t~:::::::::::::::::::::::::::~~:::: 5, 935 6,385 6, 716 I 1, oo9 6, 985 6, 950 6,464 5, 940 5, 701 5,503 5,492 5, 574 5, 763 Quarterly _report for 11 companies: I ProdtiCtJOIL______do __ -j- 7, 51.) ! ------1 6, 971 4, 700 6, 364 8tocks ___ ------___ do __ _ 10,287 !------~ 10, 362 8,600 8, 421 TOBACCO Leaf: Exports, incl. scrap and stems§ __ tho us. of Jb_ 14,930 18, 408 32, 550 15,912 32, 616 20, 965 15, 533 14, 360 7, 644 11, 526 11,836 18,947 14,844 Imports, incl. scrap and stems§ ______do ___ _ 4, 898 5, 285 5, !59 5, 790 6, 770 6, 425 7, 780 7, 329 6, 239 6, 734 5, 365 7, 091 6,268 Production (crop estimate) ______mil. oflb __ 1 I, 376 Stocks, dealers and manufacturers, total, end of quarter ______mil. of lb __ 3, 329 3, 031 3,123 3, 435 Dornestic: Cigar leaL ______do ___ _ 402 378 ------358 321 Fire-cured and dark air-cured ______do ____ _ 268 227 ------207 Flue-cured and light air-cured ______do .. __ 2, 519 2, 431 Miscellaneous domestic ______do ___ _ 3 2, 2\l~ 1:::::-::: ------3 :::::::::::::::::: z}J~ ~-:_:_ Foreign grown: Cigar leaL ______. .do ___ _ 18 19 ------18 181 ____ _ Cigarette tobacco ______do ____ _ 119 ------112 ------106 ------102 ------Manufactured products: Consumption (tax-paid withdrawals): Small cigarettes ______millions __ H, 41l5 13, 163 13.021 14.820 I '"· 275 17, 565 15,913 !5, 840 14,890 16,418 14,347 13.815 16,287 Large cigars ______thousands __ :J8,), 349 375, 824 397, 490 425, 140 469, 313 435, 029 460, 523 48 7, 641 475, 725 583, 508 507, 349 349, 780 403, 166 l\Tanufactured tobacco and snuff thous. of lb __ 25, 202 26, 857 21, 550 1 28, 481 1 29, 924 27, 6f>O 29, 333 28, 849 28,729 34, 718 28, 596 24, 7fi8 28, 9fi8 Exports, cigarettes§ ______thousands __ .os4, 281 576, 914 537, 206 509, 420 803, 312 604, 312 406, 076 639, 101 285,106 533, 455 472, 923 597, :l9o 626, 129 Prices, wholesale (list price, destination): Cigarettes, composite price __ dol. per 1,000 __ 5. 760 5, 513 5, 513 5. 513 5. 513 5. 513 5. 760 5. 700 5. 760 5. 760 5. 760 ,), 760 5. 760 Cigars, composite price ______do·--- ~~ ~~ ~~ ~~ ~~ ~~ ~~ ~~ ~~ ~~ ~~ ~~ ~~ Profluction, manufactured tobacco: Total ______thous. oflb __ l 24,049 24,045 25, 554 26,889 24,167 26,887 25,933 26, 300 31, 133 25,704 22,941 25, 15:l Fine cut chewing______-~ _do __ _ 300 335 362 512 367 432 456 398 443 421 380 42{) Plug______do ___ ,_ 4, 035 3,806 4, 278 4,331 4, 115 4, 225 4, 145 4,195 3, 942 3.681 3, 882 Scrapehewing ______do ---1 3, 397 3, 363 3, 507 3, 539 3,187 4.3, 985521 I 3, 807 3, .525 4, 009 3, 256 3, 19ll 3, f>:J6 Smokmg ______do __ _ 15,836 16,087 16,949 18,004 17,460 16,949 17, 762 21,950 I 17,642 15,227 16,7.52 Twist______do ____ _ '6. 082 I 481 4M I 458 503 416 489 497 I 478 536 442 456 457 1 ' I FUELS AND BYPRODUCTS Anthracite: COAL I I Exports ______thous. of long tons __ l 1R9 114 121 121 ' 282 I 363 329 222 221 141 153 146 Prices, composite, chestnut: Retail ______dol. per short ton __ !LfJ6 II. 37 II. 04 IL41 11':: I 11.57 11.59 11.67 9. 82ti 9. 576 9. 584 9. 3iiii- ---9:278- 9. 333 9. 462 9, 558 9. 636 9. 769 9. 775 9. 793 9.823 rr~d::')fi~~~~ :: --· ::::::ii-totis."oi-i!l.J;i~gns:: 4, 430 3, 546 3, 773 3, 746 3, 957 4, 367 4,408 3, 775 4,056 4, 234 3, 869 4, 699 '4, 977 Stocks, end of month: I In producers' storage yards ______do ___ _ 531 372 128 91 137 506 953 1,164 1, 279 I, IJ2 1,112 939 704 In selected retail dealers' yards I number of days' supply __ 26 23 17 24 37 40 46 56 51 49 57 45 Bituminous: Exports______thous. of long tons __ 488 510 602 I, 231 2, 081 I, 948 I, 849 I, 806 1,488 I, 091 I, 065 518 45 Industrial consumption, total thous. of short tons __ ao, 948 28,780 28,538 26,072 25,741 24,988 25,877 27,079 26, 783 30,333 30,961 32, (i37 '33, 58 Beehive coke ovens ______do __ 78() 242 211 160 !66 240 367 442 432 577 626 736 81 Byproduct coke ovens___ __--~--do __ _ 6, 44!i 5, 676 5, 830 5, 632 6,000 6,184 6, 603 6, 703 6, 624 6, 928 6, 799 (), 9U9 7,06 Cfnnent IllillS ___ ------______do ___ _ 370 246 337 418 513 542 519 534 543 578 556 507 401 Coal-gas retorts ______do ___ _ 139 141 143 205 131 124 123 136 139 139 139 171 152 Electric power utilities ______do __ _ 4, 2:J3 4, 217 4, 029 3, .561 3, 696 3, 839 4,079 4, 341 4,177 4, 812 4, 582 4, 7:J7 '4, 782 Hailways (elass!) ______ Monthly statistics through December 1939, to-,1941 1940 19!1 gether with explanatory notes and references ---I to the sources of the data, may be found in the Febm- Fehru- 1 J:mu· ~I arch I I ISeptem-1 0 I Novem- Decem- 1940 Supplement to the Survey 1>ry ary April ! :.ray I june , July August , ber 1 ctober i ber her ary ------FUEL~ A::- COKE I I I Exports ______thous. oflong tons .. 36 39 46 42 sz I 77 74 90 I 79 76 62 ;)1 Price, beehive, Connellsville (furnace) doL per short ton .. 5. 37[1 4. 550 4. 475 ' 4. 475 4. 475 4. 475 4. 475 4. 475 4. 475 4. 475 4. 555 5. OliO ! D. 375 Production: Beehive .. ______. ______thous. of short tons_ . 4\lfi 155 135 102 !Oil 151 231 278 272 363 394 4f):l 514 1 4 502 4, 017 4, 125 3, 984 4, 244 4, 37.:) 4,619 4,682 4,627 4, 840 4, 750 4, o90 4, 933 ~l&~Y~:~\;;1{.;::::::::::::::::::::::::~~ ::j __ ' 131 130 139 152 149 121 123 119 13! 88 126 126 Stocks, end of month: I Byproduct plants, totaL ______do ___ _ 1, ~91 '1. 698 I, 638 2, 016 2, O~? I, 80Ci 1, 915 2, 027 2, 058 2. 029 1, 997 I, 901 I, 597 At furnace plants. ______do __ __ 774 784 800 931 9uv 877 846 807 776 740 713 736 732 At merchant plants ______.... do .. __ 618 '"914 838 1, 085 I, 101 92(; I, 069 1, 219 . 1, 281 I, 290 1, 284 1, 1()5 S65 o23 624 G63 681 697 678 647 617 58! 527 487 406 P•::~:o::~~--~-~-~-~~~~~-~~:o ____ 1 _ Crude petroleum: Consumption (runs to stills) .. thous. of bbL 101, 766 110. 079 106, 979 lll, 817 103. 237 107,902 108, 756 107, 756 109,394 105, 364 109, 703 no, 683 Imports§ ______do____ 3 321 2, 244 2,866 3, 368 4, 266 l, 658 3, 771 4,150 4,059 3, 910 4,023 4, 744 3, 19(J Price (Kansas-Okla.) at wells .... dol. per bbL : 1!60 . 960 . 960 . 960 . 960 . 960 -960 . 960 . 960 . 960 . 960 . 960 . 960 ProductionL ___ ------__ thous. of bbL. 108,668 120,075 llG, 045 ll8, 283 Ill, 690 ll3, 244 110,523 109,337 ll3, 418 106.904 110, ,\20 110, 647 Refinery operations. ______pet. of capacity._ 81 81 82 83 84 80 81 83 82 82 82 83 Stocks, end of month: California: Heavy crude and fuel ______thous. of bbL. __ 79,047 78, 440 78, SGG 78,359 7:l, 443 77, 5.50 76, 373 75, 392 74, 124 73, Oll il. 798 70,474 Light crude ______do ___ _ 3G, 110 35, 943 36,000 35, 782 3.i, 368 3(i, 182 36,493 35,460 35,422 35,043 35,852 35.961 East of California, total) ______do ___ _ 200, 704 207, 407 214, 321 218, 492 21H, 998 219, 796 220, 234 220, 197 220,896 220,645 221, ():l! 219,905 Refineries ~-. ______.do ___ _ 40,212 40, S71 42, 119 45, 183 4'.', 525 47, 959 47,950 44, 778 44, 774 44,873 43, 767 42,760 Tank farms and pipe lines~ ______do ___ _ 160,492 166, 536 172.202 173, 309 li . 473 lil, 837 172, 284 175, 419 176, 122 175, 772 177, 2fi4 177, 145 Wells completedt .. ______.number. 1, 655 I, 677 1, 853 2, 083 :~. 021 I, 860 1, 788 1, 555 1, 856 I, 533 I, 243 1, 536 Refined petroleum products: Gas and fuel oils: Consumption: Electric power plants .. ____ thous. of bbL _ -- 1, 446 1, 261 979 948 j, 016 I, 234 1, 503 I, 425 I, 678 1, 4(i9 I, 814 1, 689 Railways (class I) ______do ___ _ 5, 021 4,100 4, 281 4,164 4,130 '· 090 4, 166 4, 293 4, 334 4, 847 4, 805 Vessels (bunker). ______do ____ - :J, 082 3, 350 2, 930 3, 242 :,, 926 3, 009 2, 661 2, 293 2. 724 2 ·-y 2, 525 Price,fueloil(Pennsylvania)*.dol. per gaL. .044 . 039 . 039 . 039 . 039 . 039 . 039 .040 . 040 . 040 ,. :042 '. 043 '.044 Production: Residual fuel oilt. ______thous. of bbL 24,680 26,870 25, 372 26,548 2(., 4G9 25, 248 26,451 25,504 27,944 26,125 27,925 27, 958 Gas oil and distillate fuels, totaL .. do ____ l 16, 262 16, 346 15,260 14, 541 14, 154 14,439 14,957 14, 735 14,381 15, 073 16, 60S 17,018 Stocks, end of month: Residual fuel oil, east of California thous. of bbL 19, 130 19,160 18, 475 19, JIG 2(, 339 21,909 24,042 25,015 26, 539 24,580 23,6.56 22.060 Gas oil and distillate fuels, totaL _.do. ___ - 19,615 18,541 20, 310 23, ll2 2(, 412 30, 134 33, 964 37,166 37, 709 35,885 32,082 28. 034 Motor fuel: Demand, domestict.______thous. of bbL.----- 37,557 44, 607 47,683 52,946 51, 459 53, 865 55,346 52, 297 53, 807 49,074 46,413 45. 344 1, 848 2,021 1, 730 1, 904 I, 786 1. 469 ~;i~~;~~tas~Iin;):------.do_---~ I, 05G I, 766 ~. 177 1, 460 1, 686 I, 699 1, 662 Wholesale, tank wagon (N. Y.)t 1 dol. per gaL . 127 ,137 . 134 . 133 .128 .127 . 130 .128 .124 .122 .120 . 123 . 125 Wholesale, refining (Okla.) ______do____ .044 . 044 . 044 . 046 .048 . 048 . 048 . 046 . 046 . 045 . 045 . 0-15 . 044 Retail, service stations, 50cit.ies• ___ do____ .123 . !33 .132 .129 .127 .125 .126 .123 .122 .122 .121 . 122 .122 Production, total~------thous. of bbL. 47, 596 51,230 50, 625 52,183 51, 325 51,879 52,658 52, 313 52,907 50,892 52, .108 52, 542 BenzoiC_. ______do ___ _ 231 237 228 247 263 279 2il 263 290 282 2)8 313 Straight run gasoline; ______do ___ _ 20, 409 21,774 2:J, OS2 22,,126 22, 422 22,420 22,120 22, 254 21,602 21, 053 22. 213 21, 353 Cracked gasoline~. ______do ___ _ 22, 777 24, 730 22,901 24, 823 24. 239 24, 496 2.1), 587 2.1, 090 25, 968 24, 716 25, 047 25. 992 Natural gasoline+------______do ___ _ 4, 179 4, 489 4, 414 4, .587 4. 401 4, fi84 4, 680 4, 706 5, 047 4, 841 4. 9.00 4, 884 Natural gasoline blendedf ______do ___ _ 3, 0117 2, ~l86 2, 783 :3,075 2. 600 '2, 864 '3,186 1 '3,901 '4, 269 '4, 133 '3, 945 4, 016 Retail distribution ______mil. of gal. I, 543 1, 812 1, 936 2, 133 2. 267 2, 12() 2, 319 I 2,134 2,190 I, 9ll 1, S!O Stocks, gasoline, end of month: Finished gasoline, totaL ... thous. of bbL. 92, 721 96, 467 96,615 \13,474 80 276 82, 025 7i, 1341 75,915 73, 338 73, 429 77.913 83, 310 At refineries ______do. ___ , 68, 227 70, 274 G9, 407 G.l. 871 5(1 708 54,411 50,056 49,040 47,162 4t>, 695 50,~()/ 5.1. 562 Ker~:~~~~al gasoline ______do ___ _ 4, 'i57 0, 303 G, 112 ti, 514 7. 000 7, 58! 7, 102 I 7, 038 G, 569 6,102 5, 70-4 5, 490 Consumption, domestic ______do_ ---11 6, 2H3 6, 273 5, 621 5, 297 3. ~s2 4, 257 4,1141 5,173 5, !lOS 6, 768 7, 769 Exports§ ______do ___ _l 54 I 27U 463 375 377 299 I 213 196 173 120 li5 57 Price, wholesale, water white, 47°, refinery I 0 054 .050 .050 .050 . 051 . 0.51 i . 050 . o49 I . 049 . 0-19 . 050 . 0:"·2 . 053 Pr~".~c~fl~~ani~~::- -_-_- -_-_-_- -_- -tl~ J~.P~f 6~J:: · ' 5, 1)4.1 G, 570 G, 257 r.. 641 5, 785 5, 797 5, 629 i 6. 062 6, 496 6, 431 ti,.S'Jcl ti, 6Gl Stocks, refinery, end of month ______do __ _ 4, ~102 4,114 4, 351 5, 309 6, 810 8,191 1 10,254 11,000 10,473 H.. 112 s, 312 Lubricants: 9, 4761 Conwmption, domestic+------do ___ _ 1, 622 1, 883 2, 138 , 2, OG3 2, 146 I, 871 2, 024 2, !50 2, 443 2, 449 1, 875 2. 367 Price, wholesale, cylinder, refinery (Penn- I sylvania)______dol. per gaL. .094 . 193 . 170 .HH i .143 . 118 .103 i . 094 . ono . 090 . 090 Production .. ______thous. of bbL. 3,108 3, :J:J,j 3, 280 ! I 1 3 ')}·) 3_, ~~4 2, G82 2, tJF:i4 3, 021 2. 943 Stocks, refinery, end of month ____ do. __ -~ 7, 8'25 8, 084 S, OG5 ! 8; 16i :"i, Vt3 §: ~~~ I 8, 596 S, 4G4 8, 365 8, 809 Asphalt· I 1 I Imports§------short tons.. 9,838 1, f:i7fj 896 417 1 230 21, 028 ! I, 447 39,993 377 IS, .)04 j 600 Production ______do __ _ 2t1o : f',o?,,· ~u 1 2Jn,(,l)() 324, 200 400, 000 ' 487, 600 527,:3110 " " " 00 638, 000 1 604, 700 608, 400 ' 396, 900 326, 200 : 3113, 100 Stocks, refinery, end of month._.-- .. do ____ , 647,000 tl9ll, 000 768, 000 I 759, 000 6Sl, 000 62:3, 000 588, 000 i 490, 000 469, 000 i 526, 000 GH, ooo , n.sv. ooo Wax: i Production ______.. thous. oflb .. 1 .. 47, 320 42, 5GO I 44, 240 39, 7GO 37, 520 33, 32o 1 39, 76o 43, 120 i 43, 91\0 4:J. G~>ll 4.5. 080 Stocks, refinery, end of month ______do .... 1 vo, 373 96, 910 I 103, 2sv 110, 34fi 113, 1!78 112, 359 I l!O, 028 113,827 i 120, 212 125, 272 120,027 1 LEATHER AXD PHODUC'rS ~---- HIDES AND SKINS I i I I I I I Imports, total hides and skins§ ____ thous. of lb .. 3f>, 4ll 32,421 23, s5,\ 1 22, 767 I 28, .~:21 33, 123 20, ()27 38, 459 1 42. 542 41. 2~4 Call and kip skins§. ______.do ___ _ 28.81\3 I 1, 7U5 1, 05.5 !, 0051 1, 085 2, 108 1, ].52 2S,I, 253111 I' I, 999 3, 365 I, 481! 2, 828 Cattle hides ______t]o ___ _ w ..l44 16, 221 9, 669 9, 02:lOfi8 I 170 18, 922 26. 925 16, 4tH 14, 3051 20, 685 16, 22, 004 24. 638 Goatskins!. ______do ___ _ 6, 146 9, 017 5, 906 .1, 576 .5, 29.5 6, 06.) 3,1161 4, 379 5, 368 4, 990 4, 792 Sheep and lamb skins§ ______do ___ _ (\, b3G I 8, 550 4, 071 ' 3, 997 4, 933 3, n9 5, 199 3, 786 5, 458 2, 904 5, 882 1 5, 357 6. 249 'Revised. *New series. Data on wholesale price of fuel oil begiuning January 1918 appear in table 46, p. 14 of the November 1940 Survey. Data beginning 1920 for the new series on retail service-station price of gasoline, which replaces a similar series previously shown, appear in t'cble 10, p. 16 the March 1941 Survey. tExports of motor fuel revised: for data beginning January 1913, sec table .54, p. 16 of the December 1940 Survey. Data beginning January 1941 include mineral spirits. The comparability of the series is effected to a negligible extent, mineral spirits representing less than one percent of the total exports. For revised series on wholesale tank wagon (N.Y.), price of gasoline, see table 6, p. 18 of the Jannarv 1941 Survey. ~Revised data for 1939 appear on table I, p. 17 of the Jan nary 194-1 Survey. §Data revised for !939; for exports, see table 14. p. 17, and for imports, table 15, p. 18, of tlJis issue. April 1\l41 SURVEY OF CURRENT BUSINESS 47 -_--_--_"---~~=::_:_---=--.~.::._. -- --======Monthly statistic.s through December 1939, to- i 1941 1940 11941 gether with explanatory notes and references ~----I-- , to the sources of the data, may be found in the Febru- Febru- I Ma •h I 1940 Supplement to the Survey ary ary ! rc 1 April i May 1 June I July 1_'_ August I Sep- I October INovem-1 Decem-! Janu- 1 ' ternber ! ber ber ! ary LEATHER AND PHODUC'I'S--Continued ------~------,------;------:------IIIDES AND SKINS-Continued I 1 Livestoek (federally inspected slaughter): \ ! :!~4 378 440 1so 1 501 1 437 457 432 417 507 462 437 411 717 7!.1 721 774 I 796 1 738 822 842 8!2 968 884 858 R91 3, 725 4, 277 3, 981 3. 610 I 3,89o 1 3, 886 3, 219 3, 045 3,168 4,483 5, 419 6, 063 4. c.n ~~Jai~:-;i~~~:::·::::·:~~~~:~~:~~I:~~'If::l l, 391 1, 313 1, 266 1, 355 1, 420 1,378 1,448 1,489 I, 469 I, 734 1, 416 1. 625 Prices, wholesale (Chicago): I I 1, 4621 Hides, packers', heavy, native steers doL per lb __ .124 .126 '129 - 1231 .105 .114 '102 .123 .140 I . 14o 1 .1oo .133 Calfskins, packers', 8 to 15 lb ______do ___ _ . 216 . 214 . 2!G :m -214 .187 .188 .153 .166 . 2031 . 218 . 213 . 216 LEATHER Exports: 1,278 Sole leathc.r§ ______thous. oflb__ 773 643 354 1 456 92 37 33 18 15 4, 000 2, 209 43~ Upper leather§ ______thous. of sq. ft._ 3,415 3,214 4,456 3, 842 i 2, 902 2, 701 2, 031 2, 256 1, 971 2, 7-52 2,626 2. 776 2, 67\1 Production: Calf and kip ______.. thous. of skins_ __ _ '956 '869 • 889 I '993 936 953 996 844 '980 '912 r 964 994 Cattle bides ______thous. of hides ______1,892 I, 700 1, 56tl I. 590 I, 452 1, 534 1, 739 I, 597 1,977 1, 94! '2, 054 2, 176 Goat and kid ____ . ______thous. of skins __ _ '3, 249 '3, 219 '3, 41:1 '3, 259 '3. 087 '3, 077 '3, 030 '2, s:Jo '3,098 r 2, 572 '3. 098 2, 960 Sheep and lambt ______do ____ _ 2, 968 3,052 3, 357 2,880 2, 873 3, 261 3,050 3, 411 3, 320 3, 497 Prices, wholrsale: 3. 2121 Sole, oak, scoured backs (Boston) doL per lb._ . 355 . 348 . 345 . 34.) '344 . 340 . 325 . 305 .300 . 343 . 345 . 355 Chrome, cair, B grade, black, composite ":::I dol. per sq. ft__ .480 . 455 .457 .466 I .469 .455 . 45:3 . 442 . 440 . 453 . 466 .478 • 481 Stocks of cattle hides and leather, end of month TotaL ______._ thous. of equiv. bides .. ______12,887 12.578 12, 529 12.508 12,737 12,621 12,566 12.740 13,176 13, 57! '13 891 13,875 In process and finished ______do ______9, 203 8, 911 8, 730 8, 891 Raw _____ ._ .. _____ . ______do. __ _ s. 812 I 8, 743 8, 629 8, 708 8, 935 9,165 •9:429 9, 379 3, 684 3, 6tl7 3, 799 3, 69G 3, 846 3, 878 3, 937 4, 032 4, 241 4, 406 '4,4()2 4, 496 LEATHER MANUFACTURES Gloves and mittens: I Production (cut), totaL ______dozen pairs __ 204,313 154,325 155,402 146, 34fi 169,671 179,972 (I) (') (I) (I) r Dress and semidress. ______do ___ _ (') (') 196,519 Work_. ______do ___ _ 127, 1)98 88,956 88, 333 81,355 100, 717 108, 674 (I) (I) (1) (I) (') (') '11R.020 76, Gl.1 65,369 67,069 64,990 68,954 71,298 (I) (I) (I) (') (') (1) r 78,499 Boots, sboes, and slippers: Exports§. ______tbous. of pairs .. ______316 220 177 142 129 105 202 206 168 170 108 101 Prices, wholesale, factory: Men's black calf blucher_-· __ dol. per pair.. 6. 00 6. 00 6. 00 6.00 6.00 6.00 6.00 6.oo I 6.00 6.00 6.00 6.00 6.00 Men's black calf oxford, corded tip ___ do ___ _ 4. 25 4. 25 4. 25 4.25 4.25 4.25 4. 25 4. 251 4. 25 4.25 4. 25 4. 25 4. 25 Women's colored, elk blucher ______do __ __ 3. 30 3.30 3. 30 3. 30 3. 30 3. 30 3. 30 3. 30 3.30 3.30 3.30 3. 30 3. 30 Production, boots, shoes, and slippers:' TotaL ______.------____ .. thous. of pairs __ 38,00() 31i, 651 34,551 31,056 29,479 27,905 33,590 39,315 34,992 30,402 31,425 Athletic ..... ______do .. __ i ~6. 7461 '36, 803 321 285 311 349 343 371 323 359 389 508 517 479 '380 All fabric"(satin, canvas, etc.) ______do ___ _ 506 529 824 915 965 691 302 302 319 311 297 332 '414 Part fabric and part leatber ______do .. .. 1, 621 1,299 1.048 692 424 303 370 519 474 834 842 1,043 '1, 586 High and low cut, leather, totaL ___ do .. .. 32,686 31,324 29,538 25,506 23,801 22,668 28, 113 32, 837 28,208 28,566 22,409 25,233 '32, 215 Boys' and youths' ______do ___ _ 1, 260 1,178 1, 067 1,017 1,161 1, 230 1, 391 1, 624 1, 366 I, 533 1, 281 I, 312 • I, 359 Infants' ______------...do ___ _ I, 947 1, 894 1, 821 1, 703 1, 575 1,600 1, 710 1, 790 1, 791 2, 132 1, 823 I, 873 '2, 148 Misses' and children's ______do .... Men's ______do ___ _ 3, 960 3,816 3,614 2, 825 2,601 2, 950 3,357 3,669 3,342 3,468 2,881 3, 282 '3, 909 Women's ______do ___ _ 8,R29 9,094 8, 337 7, 588 7, 419 6, 925 8, 018 9, 622 8,679 10, 112 8,618 8, 680 '8, 168 15, 590 15,343 14, 700 12,424 11,045 9, 963 13, 638 16, 132 13,030 11,321 7,806 10,085 ' 14, 544 Slippers and moccasins for housewear i thous. of pairs.. 2, 268 1, 870 2, 288 2,880 3,127 3,184 I 4,005 4, 946 i 5, 413 I 6,283 6,134 4,on r}, 713 All other footwear ______do____ 60.1 345 542 663 819 687 ' 476 353 ! 189 ! 244 1 203 246 r 496 I LUMBER AND .\1ANUFACTURES LUMBER-ALL TYPES I Exports, total sawmill products§ ____ M bd. ft.. 60,921 59,734 62,4581 79,880 99,098 91,180 I 108,059 98,2961 89,940 72,862 73,911 61,960 79,865 Sawed timber§. ____ ------_____ do ___ _ 7, 755 13,217 14,909 19,934 26,859 14,892 14,880 11, 1551 12,271 10,342 10,085 6,443 14, 907 Boards, planks, scantlings, etc.§ ______do ___ _ 42,140 41, 197 43, 500 52,469 65,731 62, 509 81,099 68, 262 69,356 56,499 53,023 36,434 46,449 Imports, total sawmill products_ .. ______do __ __ 67,504 45, 373 I 44, o8s I 45,357 71,006 60,725 I 65, 714 64,704 ' 71,374 74,975 71,548 71,202 62,349 National Lumber Mfrs. Assn.:t 1 Production, totaJ.. ______mil. hd. ft__ 2, 17.) 1, 2. 257 ,,, 2 •J4•> s:;s 2, 024 2. 1\l\l 2, 343 2, '2'L7 2 • .541 1· 2, 484 2, 671 2, 227 2, 298 322 '353 '328 '331 '328 '284 '2.59 '300 '353 •427 ; 3s8 '357 359 1, Sfi:~ 'I' 1, 4"<.fi r ] t\9f~ r 1,8(}8 1' 1, 973 '1. 91iP. '2, 131 '2. 245 r 1, 9.14 '!,870 l, 93!1 Sl~~l~~~~~t:-t;;:::::::::::::::::::::::~~·::: 1 ~. ~;~ "1. ~:.:3 • z' o;;o 2, 211 : ~: ~t\~ r 2,2W ,. 2, 3f,fi ; g; ~~~ ,. 2, 73! r 2, 947 ,. 2, !iGD r 2,40~ 2, 47{) nard woods. ______do ___ -~ .3,JI ':l44 ; :~;).') ,. :t?7 r;ns ,. :J28 '339 T 37~ ,. 3UU ,. 453 ,. 422 '383 :193 1, 871 • 1, AOS r 1. 74.1) r ],XS:""J • 2. OG'l r). ~4)1 : r 2, 017 ,. 2, 28f) r 2, 2.12 '2, 495 '2, 147 r 2, 0?2 2, 0~(; st~~tt,~~~g;,,-eil, 7:!~, r•. 7oo I 5, :;10 5, 7~;) 5, 743 ~~. ,1)' 3 v, 1.~(, r,, 171 .\OCi• 4, ~131 i 1 M~~,\~r~e~~~ a~~~~~;~~~~------M bd. ft_.l 8, 225 6, 200 6, 350 ! 6, 350 6, 550 7,000 i 9, 350 10,725 ! 8, 700 9, 900 6,450 5, 7.10 8. 075 11, ()00 11, 250 10, G2fl ' 9, llOO 9, 360 8, 900 ' 9, 375 10,800 : 11, 150 11,600 11, !50 10,100 10,950 o, o.~o (), 1\00 G, :350 6, 850 6, 420 6, 450 I 7, 450 8.175 7, 500 9. 200 7, 100 7, ()00 ~. 5fJ0 7, 6.50 6,100 7, 025 f), 950 7, 270 7, 400 8, 750 9, 350 8, 400 9, liOO 7,000 {;,600 7, 275 iti~{~~,~~r:;:~Ei;t~~~~:ti~~~;:;;~~~l~- ~ ~: 1 18, :J51J 20,700 20,035 19, 700 19,01>0 18,400 17, 350 Hi,1300 : 16,000 15,850 16, 200 17, 5(10 Hl,30U Oak: Orders, new ______do ___ _ 4.), 981 42, 338 39, f\58 34, 438 45,935 33, 357 49, 587 65,836 I 51,344 47, fJ71 31,-588 25, 942 3.), 903 Onl<•rs, unfilled, end of month ______do .... 54,\18.1 ()(\, 205 68,0()8 61,242 61,461 52. ,512 59,380 72, 557 73,818 68. 765 55, 519 46,1\9,5 44,681 Production ______do ___ _ I Shipments ______do ___ _ 38, 401! 33, 435 35,2fW, 41,190 43,865 38,015 41,658 4(), 148 46,916 51,938 48,413 44, 254 41i, 606 35, 677 33,312 37.696 41,264 45,716 43,127 44,412 52, 655 : 50,083 52,624 44, 642 :Jii, 6G4 37,941 Stocks, end of month ______do ___ _ 74, 2:)5 81,012 78,471 79, 31!7 75,139 70,027 65,317 57,879 i 52, 712 51,426 55, 197 ti2, 788 71, 503 SOF'i'WOOHS I on~ las fir: I 2~. ~!7 2,5, 704 31,103 33, 243 : 45, 288 29.078 38,014 37,625 ' 26,888 32,170 30, 752 14. 285 27,896 Es~~Z,~I {i~~~csr§w_~_n~:r~_du~~~~:~~~- ~J0 f~:: I h, !),),~ 8, 424 11,849 13, 603 ! 21, 375 10,180 10, 771 9, 595 : 9, 385 i 9,130 8, 390 I, 157 12 620 Boards, planks, scantlings, etc.§_. ____ do ___ -1 17, 7U2 17,280 19,254 19, 640 i 23, 913 18,898 27,243 28,030 17, 503 23,040 22, 362 10,128 1.0: 27(\ Pri<'N~. wholesale: I Dimension, No. 1, common* ' dol. per M bd. ft __ 24.990 22.295 22. 050 22. 050 i 21. 928 21.560 21.658 22. 908 ' 24. 500 24. 500 24. 990 i 2.)_ 970 Flooring, "B" and better, F. G.,1 x 4, R. L.*l dol. per M bd. ft.. 35.280 28.910 28.420 I 27.440 ' 27. 195 2G. 460 26.656 29. 645 i 33. 320 33. 320 34. 300 I 36. 2GO 3fi 260 r Revised. I Data not availahlP. tnata for l!J40 rcvisnclto include fi(•shers and exclude~ skivPrB. *New series. These prices replace series shown in the 19·10 Supplc•rnent and 1nonthly issues through Fobruary 1941; data beginning 1922 \vill De shown in a .subsequent issue. §Data for 1939 revised; sec table 14, p. 17 of this issue. tHe vised data for 19'19 an Monthly statistics through December 1939, to· I 1941 1940 19H gether with explanatory notes and references ~------to the sources of the data, may be found in the Febru- Febru·l i\I h 1940 Supplement to the Survey ary ary 1 arc LUMBER AND MANUFACTUHES-Continued SOFTWOODS-Continued Southern Pine: I I Exports, total sawmill products ___ M bd. ft_ __ 14,747 12. R38 I 18. 3·18 25. 928 28, 209 27,689 15, 990 22,224 10,961 11,581 11, ~93 11,691 Sawed timber ______.do ___ _ 8, ~~I t.JO 4. 518 z. 697 1 5, 838 4, 866 4, 341 3, .597 948 2,:l68 989 I, 215 1. se~ I, 747 Boards, planks, scantlings, etc. ______do ___ _ 8, 241 10, 229 i 12,510 21,062 23,868 24,092 15,042 19,856 9, 975 10, 36G 9. 42.5 \l, 944 Orders, newt ______mil. bct. ft._ 671 516 lO.w 677 688 623 799 948 905 949 763 fl40 773 Orders, unfil!ed, end of month ______do ___ _ 5!2 357 331 I 348 324 350 440 570 603 600 550 49~ 511 Price, wholesole, flooring .. dol. pc•r M. bd. ft __ 49, 94:l 41.798 41.8731 41. 662 41. 783 4). 865 41. 536 43.045 46.010 48. 67G 50.585 so. sn~ -50. 750 Productiont------mil. bd. ft._ 6ill 5.53 636 651 675 602 n25 720 739 827 73-1 71~ ill;) Shipmentst ------_do ___ _ 643 493 613 1 660 712 ,i97 709 818 872 952 ~13 G92 iliO Stocks, end of month __ ·-·---·---- _____ do ___ _ 1, 539 2. 014 z. o37 I 2, 028 1, 991 1, 996 1, 912 1, 814 1, 681 1, 556 ! 1, 477 1, 503 1, 506 Western Pine: Orders. newt_------·-- ____ do ___ _ 3~0 300 354 400 457 421 495 653 629 546 441 39i 425 Orders, unfilled, end of montht ______do ___ _ 400 282 285 287 304 300 326 442 532 486 433 3SO :J?4 Price, wholesale, Ponderosa pine, 1 x 8, No.2, :l3. 47 common (f. o. b. mills) .. dol. perM. bel. rt__ 28.86 29.30 29.09 29 02 :18.49 28.01 28.17 29.71 31.73 33.04 3:1. 58 J3 99 Productionf ______mil. bd. ft._ 265 212 2i9 339 52:.? -041 570 618 549 544 414 3H 262 Shipmentst ______do ___ _ 374 297 351 397 441 425 469 537 .539 .592 494 44t) 411 Stor·ks, end of month ______do ____ I, 5.51 1,7-H 1, 672 1, 664 1, 7c15 ,861 1, 962 2,043 2,051 1, 997 1, ~Hi 1, 81~ 1, 663 West Coast Woocts: 1' Orders, newt. ______do ___ _ 6ii0 r;)7·l r fi22 r(j,jr) r fiO!i r i42 '32ll ';.11 r T:?O r ()~6 r 642 t366 Orders, unfiiled, end ofmonth ______do ___ _ 701 513 520 517 383 510 623 6!7 681 726 1176 Production t ______.do ___ _ 669 r ,),~S r()Jl rjq;') rt)q r ~"i/9 r {\9() r(j.l} r ();,g r (i14 fli5 Shipmentsr. ______do ___ _ 634 r :i1lS r I~();) r 1\-!1 ,. (\jf) r 627 '702 r ilO ,. 690 r non r,s1 Stocks, end of month ______do ___ _ 8S9 961 976 981 920 900 892 865 860 867 851 Redwood, California: Orders, new ______M bd. ft __ _ 29,343 21, 544 29, 704 31,450 29. 2r.3 2[, 500 27,586 35,963 32,836 47,674 36,581 40, -H\9 3:1, 1?.1 Orders, unfilled, end of month ______do 48,415 26, 416 32, 472 31,371 20, 5!i5 2i. 468 25,901 32,173 35, 54.5 42, 8.5.5 42,849 ,: ------~----~---~----~--~------·~---.-----~---.----~---.----~--- IRON AND STEEL Forci~n trade: Exports (domestic), total.._ . __ long tons._ Gil, :101 6fi3. 980 fi12. 906 783, 9f>4 i 936, 04711,034,938 1,402,075 1,221,05211,105,510 788, 176 805, 158 ()98, 8.~~ Scrap______cto_ 234, i16 206,928 221,1.12 312, 4S3 318, 3fi9 i 327, 129 3.5S, 991 255, 608 258, 926 74,349 ()9, 980 4.\ o.~)5 Imports, totaL_ __ rlo __ _ 6, 740 5, 096 G, Hi4 ~~ ~~· ~~ ~~ ~~ ~~ 980 J, 064 420 Scrap ______. ______do ___ _ 273 29 482 33 1 1S2 16 56 242 252 48 17 Price, wholesale, iron and steel, composite dol. per Ion~ ton 36. 97 36.83 36.691 37. 33 3:·. 69 37.63 37.70 37. 92 38.07 38. OS 3S. 30 36. 38 Ore Iron ore: , Lake Superior district: I Consumption by furnaces thous. of long tGns. , 5, 6i:-! 4, 242 4, 088 3, 935 4. M6 5, 213 5, .524 5, 701 5,672 6, 0.51 5, 973 G, 17:3 t>, ~:n Shipments from upper lake ports _____ d) ----1 0 0 0 465 i, 245 9, 487 10,383 10,480 9, 935 10,009 5, 341 u 0 24, l\)5 25,967 21,862 18,106 19, 603 23, 516 28,244 32,935 37,090 41,125 41,712 3t), 013 2ft, 794 St~ctk~;r~a~;~f lllon~h, total_._-_-_:::::::~~:::: 21, 100 22,087 18,412 15, 155 Hi, 717 20, 428 24, 608 28, 708 32,432 36, 280 36, 925 :ll. 792 21), lfij On Lake Erie docks ______do ___ _ :J.O% 3, 880 3, 450 2, 951 2, 886 3, 088 3, 636 4, 227 4, 658 4, 846 4, 787 4, ~~1 3, f\2i ~la~~~~~;~ t~;~~ lnlports. (manganese. con~~nt)§ 17'i 237 1117 257 175 162 249 194 164 265 229 li4 155 thous. of long tons_ -11 :n ·13 42 36 I 63 51 39 98 49 40 61 .19 I !.) i Pig Iron and Iron Manufactures li Castings, malleable: I Orders, new____ short tons._ 75,840 34,901 35, 730 35, 290 35, ,of>3 36, 503 45, 025 52.994 53, 079 71, 129 64,612 6G, f\1)5 61, 0~9 Production ______do ___ _ 63, 138 42, lfi3 39,881 40, 529 37, 511 34, 700 38,872 48,926 49, 804 62, 293 57, 717 60. 1,),) 68, 7·12 Percent of capacity_ 78 ..5 51. 7 48. 7 50.1 4.1. 2 42.7 4o. 7 58.8 61.4 75.0 71.2 74. 2 I 83.6 Shipments______.short tons. 62, 115 43,9:15 42, 975 41,975 40,919 33, l23 34, 226 43, 216 45, 943 61,161 56,321 r,o, 127 65,881 Pig iron: Furnaces in blast, end of month: Capaeityf______short tons per day --~ HS, .1fl5 106, 0-lO 104, 075 106,395 i 1 13J,:Io0 131,760 137, 500 140, 620 1-14,290 148,000 141), ;i·o NumbPr ____ _ 119,9 ~,~ 202 1.57 152 1.11 1 - !82 187 190 193 196 201 20~ . Prices, whol<'sale: , I ~~~ rp~~~;~ey_furnacc) :::dol. per longd~on::_l 2:l.co 22. 50 22.50 22. 50 22.50 22.50 22.50 22.50 22.50 22.50 22.50 21.90. n ..50 1 '23. \15 23. 15 23. 15 23.15 2:l. 15 23. ],) 23.15 z:J.15 23. 15 23. 15 23. 15 z:t 1.1 '23. 95 Foundry, No.2, northern (Pitts) ___ do ___ _ :!;). ~H 24. S9 24.89 24.89 24.89 24. 8() 24.89 24.89 24.89 24.89 24.89 2f. i:o9 Prodnctiont ______thous. of short tons .. -l. 1VS 3, 311 3, 270 3,137 3, 514 3, ~\19 4, 054 4, 238 4, 177 4, 446 4, 403 ~\i~ i -L fifi4 Boilers and radiators, cast-iron: 1 I Boilers, round: I I Production___ _thous. of lb .. I, 920 1, 648 1, ()()2 1 2, 292 2. 7.)-t 1. !;97 1, 449 1, 848 2, 371 3, 598 2, 416 !, 9:34 2, 071 Shipments______do I I. 222 1, 207 1, 079 . 1, Iii i I, 3:l4 I, (;J3 1, 698 2, 732 3, 851 5, 145 2, 451 1. J\08 Stocks, end of month ______do _ 1. SS4 ' 12,391 11, 935 12,454 1 13,565 r 14,923 15, (109 13.477 13,873 12, 513 10.750 10, 622 11. 0~1 i 11, fiS7 B~~~J~~{i~~~~~-- ______do_--- 22, 5i9 20, 616 18, i90 17, 900 20, [122 18, (·98 17,352 26,185 26,340 32,701 23,788 1~. 9f).1 ~:J.H:J Shipments ______--- .. do ... -j 13,086 11, 214 9, 25:3 ' 10, 9.)3 12. 024 14, li6 22,916 31, 100 40.342 43, 767 26, 059 IS, 541 It ·:~; Stocks, end ofmonth ______do ... . 99,040 88, 593 98,121 105,043 ' 114,032 117, '75 112, 369 107, 267 93, 029 82, 205 80,064 >iO. o>()l ! S~'. :JOO t Revised serie". Data on pig iron converted from a long to a short tonnage basis; data for production beginning 1913 are shown in table 38, p, 14 of the October 1940 issue. HL'Visions for 1939 and .January HHO for southern pin(', western pine, and WP~t coast wood'-', and also Ievisions for 1938 for the latter group, \\"ill appear in a subsequent issw•. §Data for 1939 revised; see t.ahle 15, p. 18 of this issue. April H141 SURVEY OF CURRENT BUSINESS 49 Monthly statistics through December 1939, to- \ 1941 1940 11941 gether with explanatory notes and references ---I ·-----.------to the sources of the data, may be found in the Ft•bru- Febru-1 March I April I May Ju e I July I August I Sep- IOctober INovem-J Dt•ccm- Janu- 1940 Supplement to the Survey 1 ary ary " I n tember ber bcr ary ___ , __ - ----· METALS AND MANUFACTURES-Continued ------.--~----~---~--~---~------~-- ·---,------,------,--- IRON AND STEEL-Continued Pig Iron and Iron Manufacturers-Con. Boilers and radiators, cast-iron-Continued 1 I Radiators, ordinary type: Production .. tho us. of sq. ft. heating surface __ 6, 744 5, 530 5, 701 5, 670 I 6. 579 5. 697 4,817 7,147 6, 415 8, 454 8, 042 6, 24.0 7, 244 Shipments._. ______do ___ _ 4, 891 3,135 3,195 3, 626 4, 539 4, 670 6,486 8,193 9, 436 11,769 8, 9.52 6, 537 5, 839 Stocks, end of month ______do __ _ 25,393 24, 222 26,829 28,896 3o, 971 31,913 I1 30, 108 29, 168 26,087 22,805 22, 103 21,831 23, 4Gl Boilers, range, galvanized: Orders, new, net ______number of boilers __ 80,583 55,026 55,339 51, 062 72, 725 75, 427 1 85, 139 64,831 73,821 106,716 75, 369 70,989 89, 748 Orders, unfilled, end of month. ______do ___ _ 50,777 24,532 19, 161 18, 507 23, 048 31, 1.18 38,194 27,315 32, 119 42,094 35,220 38,795 45,615 Production. ______do ___ _ 74, 113 66, o:;g 59,319 51, 012 68, 816 70,452 77,879 76,467 68,522 97,266 80,371 72, 24.5 80, 705 Shipments. __ . __ .. ______.do ___ _ 75,421 66,580 60, 710 51,716 G8, 184 67,317 78, 103 75, 710 69,017 96,741 82,243 67,414 82,928 Stocks, end of month ______do. __ _ 37, 91G 36,253 34,862 34, 158 34, 790 37, 925 37,701 38,458 37,963 38,488 36,616 41,447 39, 22·! Steel, Crude and Semlmanufactured Castings, steel: On!Prs, new, totaL ______short tons __ 40,913 36,612 41, 353 50,346 59,661 67, 035 71,734 83,545 112, 327 94, 929 115, 343 110, 579 Percrnt of capacity __ 35.0 31.3 35. ;; 43. 0 51.0 57.3 61.3 71.4 96.0 81.1 98.6 94.5 Railway specialties._ _.short tons __ 10,472 7,182 8, 849 12,967 20,764 20,770 26,873 28,018 49, 349 27,718 40, 154 34. 88i Production, totaL ______.do ___ _ 67,454 58,404 52,078 50, 0:14 50,651 57,763 66, 355 64, 122 83,938 81,192 85, 810 94.409 Pcrecut of ~aplt~city ______sho-_rt- _t_o.ns ... 57.6 49.9 44 ..5 42.8 42.5 49.4 56.7 54.8 71. 7 69.4 73.3 80.7 R at1 way specm tcs. ______28,506 22,847 17,017 15, 137 14,483 17,993 21,292 21,152 31, 811 32, 066 33,932 35, 397 Steel ingots and steel for castings: t Production. ______tho us. of short tons._ fl, 2.10 4, 527 4, 390 4,101 4. 967 5, 660 .5, 727 6,187 6, 057 6, 644 6, 470 f\, 494 6, 943 Percent of capacity ____ _ 97 70 63 61 72 85 83 89 91 96 97 94 97 Bars, steel, cold-fmished, carbon, shipments short tons __ 46, 277 4.5, 405 44,621 43,654 44,474 52, 99\l 57, 791 Prices, 'vholesale: Composite, finished steel ______dol. per lb .. . 021\5 . 0265 . 0265 . 0262 . 0265 . 0265 . 0265 . 0265 . 0265 . 0265 . 0265 .0265 02{i.5 Stm•l billets, rerolling (Pittsburgh) dol. per long ton_ 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 34.00 :l4. 00 Structural steel (Pittsburgh) _____ dol. per lb __ .0210 .0210 . 0210 .0210 .0210 .0210 . 0210 .0210 . 0210 . 0210 . 0210 . 0210 .0210 Steel scrap (Chicago) ______dol. per long ton _ 1\l. 25 15.75 15. G9 15. 33 !G. 88 18.19 17.35 18.03 19.22 19.75 20.06 20.1)0 20.00 U. S. Steel Corp., shipments of rolled and_ finished steel productst. _tho us. of short tons 1. .14R 1,009 932 908 1,084 1, 210 1, 297 1, 456 1,393 1, 572 1, 425 1.. 545 I. 682 Steel, Manufactured Products Barr<> Is and drums, steel, heavy types: I 27(\ 335 243 2351 292 350 436 700 431 402 end of Jnonth.:: 377 48G 369 ~~~,j~',:t\:~:illc_d, ~~~-~~~~~d~:: 1. 035 803 852 951 930 1, 098 1,081 958 1, 305 1, 520 1, 457 1. 452 1,454 Pcrcn1t of capacity ______--··- ____ -· 54.6 46.2 49.0 54. 7 53.5 G3.1 62.2 55. 1 75.1 87.4 78.9 77.8 76.7 Shipments ______.thousands __ 1,0-11\ 809 854 949 916 1,102 1, 075 964 1, 298 1, 534 1, 455 I. 442 I. 444 Stocks, end of month______do .... .1)2 36 34 37 51 47 53 47 54 40 42 .52 (;3 Boilers, steo1, new orders: Area ______thous. of sq. ft. 1. ,544 558 7()1 878 1,%6 I. 761 1, 680 1, 275 3, 726 1, 708 I, 722 2. 210 Quantity ______number_. X50 411 526 630 1 809 1, 007 1, 214 I, 098 1, 557 1, 221 1, 026 994 Furnitnrr, steel: Ofllcc furniture: Orders, new ______thous. of doL_ 3, 852 2, 200 2, 097 2, 219 II 2, 119 2, 236 2, 373 2, 240 2, 601 3, 323 3, 336 4. 3.07 :), 787 Orders, unfilled, end of month ______do ___ _ 4,102 1, 286 958 1,169 1,186 1, 262 1, 385 1, 286 I, 495 I, 728 2,181 2, 983 3, GIS Shipments. ______---·------_ .do. __ _ 3, 31)8 2, 264 2, 424 2,008 2,102 2, !GO 2, 249 2, 339 2, 392 3, 090 2, 884 3, 583 3,152 Shelving: Orders, new ______.. __ ------.do ... . 940 481 475 494 594 547 602 541 639 797 718 844 924 Orders, unfilled, end of month._ ..... do ... . S2H 444 368 363 447 4i2 493 498 599 f552 G5H 779 Shipments ______do __ _ 890 479 552 499 510 522 I 545 634 696 665 iUO 804 Plumhing and heating equipment (8 items), ~~~ ·wholesale price ______dollars 234.38 236. 57 236. 8G 236.78 236. 75 236. 75 237. 28 237.14 237.27 237.31 237.31 237. 27 Porcelain enameled products, sbipmcntst thous. of doL_ 4, 3\l:l 3, 309 3, 413 3, 620 3, 594 3, 1.591 3, 413 3, 925 4, 050 4,895 4, 030 4, 2.56 1.4% Sprmg w~shers, shipments • ______do. __ 303 173 188 170 173 158 174 195 196 229 233 248 281 Steel products, production for sale:t TotaL ______thous. of short tons __ 1 3, 964 4, 415 4, 213 4,670 4, 480 9, 886 2,814 3, 287 3, 550 4. (\191 4. 86:3 Merchant hars. ______.do. ___ , 1 959 236 266 326 367 455 423 475 444 437 519 Pipe and tube ______do ____ 'I_ 1 846 256 295 325 357 347 371 401 377 :l84 409 1 870 245 281 317 359 385 368 430 430 443 431 1 527 ll\5 146 131 128 130 93 79 114 131 1.50 f\~1~~~ :~,~f~l:: :_::::-:::::::::::::::::: 3~:::: I 2, 324 580 716 749 812 915 919 1,069 1,047 1,050 1.122 Percent of capacity ______------I 71.8 54.3 65.9 71.2 73.9 82.3 86.3 96.8 97.4 9,), I 101.0 Strip: Cold rolled ______thous. of short tons __ l 177 52 I' 45 56 GO 72 70 86 83 89 9S Hot rolled ______.do. ______1 309 11 I 99 104 104 110 121 147 138 139 !53 Structural shapes, beavy ______do ______1 537 174 210 234 286 331 311 362 374 331 363 Tin plate ______do ___ _ 1 nn9 235 248 244 239 244 193 189 200 203 209 Wire and wire products ______... do ___ _ 1 793 236 274 300 328 353 33\l 382 350 374 409 Track work, shipments ______sbort tons __ l 7, 973 6,898 8,446 7, 654 7,276 G,075 6,063 6, 480 5, 496 5, 505 5, 733 7, !.51 6. 835 NONFERROUS METALS AND PRODUCTS Metals Aluminum: Imports, bauxite______.long tons __ 62,051 54, G51 53,024 33, 449 43, 110 44,923 45, 117 56,789 46,850 53,357 50, 158 97, 1)68 86, 97H Price, wholesale, scrap, castings (N.Y.) dol. per lb .. .1397 .0925 .0913 . 0863 .0865 . 0860 . 0902 . 0838 . 0855 . 0894 .0904 . 0970 . 1039 Bearing metal (white-base antifriction), con sumption and shipments, totaL thous. of lb._ 2, 667 1, 749 1, 955 1, 664 1, 923 1, 9661 2, 238 I 2,348 2, 118 2,691 2, 373 2, 2fJ() 2. 5GO Consumed in own plants ______do_, __ 529 429 514 475 363 505 620 876 560 643 (\22 lil4 507 Shipments. ______.do ___ _ 2,l:l8 1,321 1, 442 !.loS 1, 561 1,4GO 1, 619 I 1,472 1, 558 2,048 1, 751 1, f\X2 2, 053 Copper: Exports, refined and manufactures§ short tons __ 18,095 40,745 39 273 25,494 35,422 36,236 38,512 62,393 15,658 38,829 17,903 13,3\15 22,382 Imports, total§ ______do ___ _ 23,684 30,538 22:554 30,550 28,532 23,041 22,635 35, 159 40,710 43,044 32, 790 25, 94.5 27, 357 For smelting, refining and export § ___ do ___ _ ll. 693 28,698 22, 485 28,134 27,953 14,335 17,969 2G, 446 27,4\18 24,610 20,507 12. (\4R 19,120 Product of Cuba and Philippine Islands § short tons __ 1,842 1 G6 2,101 10 1, 197 i 481 214 25 1,415 799 2. 014 2(1:; All other§ ______.. do ___ _ 4,185 15,149 'gi~ I 2 314 569 7, 509 I 8, 499 13,187 17,019 11, 484 11.283 '· 034 • Hcviscd. ' Quarterly data; monthly reports initiated Apri!1940. • Data are for 7 manufacturers beginning January 1940. tMontbly data beginning 1929, correspondin• to the mJnthly averages on p. 132 of the 1940 Supplement, appear on p. 18 of the April 1940 Survey. tRcvised series. Steel products, production for sale, hwe been converted to a short tonnage basis; see table 45, p. 14 of the November 1940 issue. Steel production and percent of capacity rc\isrd completely; see table 9, p. 1() of the ~larch 1U41 issue. Porcplain cnamPled products redsNl hcginning Hl3V to inelude data for 99 manufacturers; for 1939 data sec p. 49 of the March 1941 issue. §Data for 1939 revised; for exports, S<'C table 14, p. 17, and fvr imports, table 15, I'· 18, of this isme. 50 SURVEY OF CURREi\IT 13CSINESS April 1 !i41 Monthly statistics through December 1939, to-~1941 l!HO 1941 gether with explanatory notes and references ---I---- , - ---·---~-- to the sources of the data, may be found in the Fehru- Fehru- I' March April ;\Iay 1' June I July Au t Sep- October Novem-1 Decem- 1 Janu- 1940 Supplement to the Survey ary ary I I gus I tember I I ber her I ary -~---~--~--- I METALS AND :MANUFACTUHES-Continued NONFERROUS METALS AND PROUU CTS-Continued Metals-Continued Copper-Continued. 1 Price, wholesale, electrolytic (N. Y .) I dol. per lb .. 1 0. 1179 0. 1115 0. 1116 o. 1109 ! 0. 1108 0. 1113 0. 1056 0.1071 0. 1130 0. 1183 0.1180 0. 111)0 0. 1182 Production: Mine or smelter (including custom intake) short tons 79,093 76, 145 85, 796 84, 36G 82. OS2 79, 8·1.} 79, 327 79, 967 78. 238 86, 911 84,283 85, 135 '83. 280 Refinery .. ______...... ____ .. do .. .. r 93, 65·1 82, 761 80, 29.) 80,904 Sf), 029 8G, 077 ~0, 2~·1) 80.851 82, 843 83,076 9tl, 283 97. 03.5 93, 840 Deliveries, refined, totaL, ...... do .. .. 112, SHl 72,809 71. 893 71, G39 iH, 485 G5, 155 j4, /.J8 97, 719 96,485 103,771 102, 483 112. 681 119, 758 Domestic. ___ .. ____ .. ______.... do. __ 112, 808 63, 21;) 64, 371) 68, 61)5 09, 467 Gl, 716 71, 226 96,383 96,485 103, 771 102,483 112, Gil 119, 73fi Export______. ___ . ______.. _... do ... . 11 9. 594 7. 517 2, 974 7, 018 3, 4:l9 3, 5:l2 1, 336 10 22 Stocks, refined, end of month ...... do .. .. 97,689 145, 393 15\), 795 169,120 178,661 199,586 215,823 198,955 185, 313 164, Gl8 158,418 142.772 11G,854 Lead: Imports, total, except manufactures (lead content). __ . ___ ... ______.short tons .. 14, :J21 4, 787 2, 866 7, 404 16,581 10,230 10, 739 27,739 19,084 19,205 19,707 Ore: Receipts, lead content of domestic ore.. do. __ _ 35, 937 37, 949 37, 963 40, 196 31), 957 3G, 988 37,759 35,916 38,641 36,400 38, 847 38, 433 Shipments, Joplin district1 .... ______do_ .. 3, 110 3, 89~ 3, 705 4, 474 3, 5;\8 4, 393 2, 878 3,688 4, 485 3, 446 4. 079 : 4, 652 Refined: Price, wholesale, pig, desilverized (N. Y.) dol. per lb .. . 0,,60 . 0.508 . 0.519 .0571 '0502 . 0500 . 0500 . 0485 . 0493 . 0531 . 0573 '0350 . 0550 Production from domestic ore .. short tons .. 47,764 40,.564 44, 783 31,192 37,918 34, 041 35, 343 36,851 41,528 39,228 45,089 47, 208 54, 658 1 Shipments (reported)------...... do .... 1 54,859 39, 176 40, 353 46, 496 41i, 919 49, 904 52, 560 51,643 53, 456 62,496 57,510 55,75.5 .55, 711 Stocks, end of month ______.do .. ,. 41l. 604 72, 658 74,092 63, GlO 62,955 55, 343 47, 3GO 43,321 41,292 35,386 35, i91 40,926 47, 248 Tin: Consumption of primary tin in manufac- tures~~--- ______long tons_ 5, 610 5, 540 5, 900 6, 360 6, 420 6, 370 G, 650 5, 800 6, 230 6, 220 6, 210 ' 6, 590 Deliveries (includes recxports) ...... do .. .. 12,19.5 6, 600 9,244 7, 855 7, 905 9, 225 7, 325 12,470 11,410 11,820 12, 505 9, 3.5S j p i60 Imports, bars, blocks, etc.§. ______do .. .. 9,836 6, 499 10,334 7,886 7, 982 11, 011 9,185 12,926 14, G04 10,116 10, 327 14,504 i r2: 055 Price, wholesale, Straits (N. Y.) .. dol. per lb .. . 5140 '4594 . 4709 '4682 . 5148 '· 5454 . 5159 . 5118 . 5032 . 5149 . 5056 .5011 ',\016 Visible supply, world, end of mo_ .long tons .. 44, 107 3:3,148 32, 339 32,149 30, 562 31, 8(;9 38, 73G 38,040 39,450 I 40,631 40. 04G 44, G78 44,719 United 8tates (excluding afioat) ______do .... i, 489 2, 078 2, G35 2, 964 3, 677 5, 300 G, 567 6, 583 9, 438 6, 623 4, 362 9, 179 9, 442 Zinc: Ore, Joplin district:, Shipments . ____ .. __ .. __ .. ____ .. short tons .. 33,296 2~. 026 29,393 31,424 41, 183 33, 530 44,323 35, 116 34,250 43,269 29, 538 40, 975 42, 163 Stocks, end of month ______.. do __ _ 7, 091 :l, 551 4, 798 5,454 5, 851 9, 201 7, 098 8, 842 10,452 11, 553 17,045 3, 900 5, 597 Price, wholesale, prin1e, western (St. Louis) dol. per lb .. . 0725 '0553 . 0575 . 0575 . 0580 .0624 . OG25 . 0639 . 0692 . 0725 .0725 . o725 I . o125 Production, slab, at prhnary smelters: I short tons .. 55,414 53, 387 56, 184 53,0.\5 .II, 457 48,213 52,098 51,010 52,869 56,372 56, 459 59, 8831 59, 156 Retorts in operation, end of mo _____ numbcr. 59 688 47, 188 49, 744 49, 805 48,989 i6, 577 47, 54.5 50,715 53,164 53.979 55,288 55, 2,8 ' 58, 000 Shipments, totaL .. ______.. short tons .. 59:220 51,050 49, 909 46.803 57. 224 53.935 .37, 606 64,065 67,650 65,713 62, 295 65. 3~.1 63, 272 Stocks, refinery, end of month ______.flo .... 4, 962 65,869 72,144 78, 396 72, 629 '36, 907 61,399 48, 344 33,563 24, 222 18,386 12, 884 : 8, 768 I Miscellaneous Products I B~~'\i~~~e~ro~~~ -~in~~ts_ a~d ~il~e:~s:hort tons. -1- fi, 799 t>, 134 6, 735 7, 056 7,181 6, 898 8. 076 8, 706 10.093 10,232 10, 5(}j 12.429 0rders, unfilled, ewl of month ______do __ _ 3g, 253 17,500 14, 01R 1-!, 034 21,475 !2, 287 21,695 17,823 31,363 34, 221 32, 017 29, 4tl2 35, 139 Sheets, brass, wholcsale price, mill .dol. per lh. -I . !U.S .183 .183 .183 '183 .185 .18G .183 .187 .192 .192 . 1\13 . PJ5 Wire cloth (brass, bronze, anrl alloy): Orders, now __ ...... ______tho us. of srt. fL ·1 70~\ :363 350 3S2 :\41 GOG 469 521 43.j 570 456 433 704 Orders, unfilled, end of month .... ____ .do .. __ 1, 317 1. 216 1, 073 1. OO;i 1, Oll 1, 121 1. 099 l, 033 I, 03\J 1, 094 1, 066 H7.~ 1,105 Shipments ______.. ______do.... 4S4 47n 489 4-IS 4\Jfi ,,15 489 ,\3fi 423 ,\!6 482 .518 ,)72 Stocks,endofmonth ______do .. -1 696 627 G21 6!J.1 71o 693 70!1 fiil·l! i5l 7~J3 804 763 1180 MACHINJ.;RY AND APPARATt:S ! I Air-conditioning (circubtinr, cooling, hcnting, I and purifying) equipment, new ordnrs:t Air-conditioning systcrns nnd equipment i I for summer and year-round use , I (!) (!) (1) Blowers anrl fans______t~~~-us._o~~lol::ll (!) _1,_:11__ (1) ~ __ (:) ___ j f\, 69R nlO ·'· 836 Unit heaters ------.do.. .1 2.3·!rl I ------1 3, 8·15 o,m,6 1 \\'ann-air furnaces, winter air-conditioning - I - 1 systems, and equiprnenL ____ tlwus. of dol._[ ~- (), 79L I 14, GGS 15, 1G':I El6;;!,~~s~~~':,",~~ca~~er~n~s:_ ------do--! 2.2~ll 250-, 520 7Gl 2-.·4~-9,~-90.4--~-- 957 j 798 1. (),)i ]. 497 4 1-0 • 2, f>40 Orders,unfilled,endofnwoth ______do ____ , ll,O:H 1,7431 1,71l9 2,Inn 2,744 1 3, 271 4, 109 5; 087 I 8: s6~ 10, 174 1 102 670 391 33 613 282 G29 610 825 1, 000 E~~~rt~(.~~~~~~(~i,ler~-~--csee-io-r-ei~iltra~!·e-_~Io ____ i ' I -~ I i Foundry equipment:t ' 1 New orders, net, totaL ______19:l7-30= IOO ... j 2-<1. 1 1:35.7 129.1 1G·L !l I!ll. 4 1 !Go ·1 I 161.2 2fH. 0 251.2 257. 8 2'S.1. 3 lf)2.0 2'\4. H 27R. 8 i 276. 1 I 301.8 ~~~~i:~~ip~ner~L---~~:::------:l~ :::j ~~:~:;: m:0 m ~ i~~:~ ~~ :~h:~ 15S. 6 201.8 188.7 203. 2 2:J,O, 8 Fuel equipment: Oil burners: Orders, ne\v, net______rn_r_n,l h e_r __ i, 16.~28 11,2:1~) 1?,·~~3 15.SS9 1~. L1l lfl,f)7~ :28.00':' I 3:2.772 41, s~~r~ ~1. 029 22. 705 17. Olfl U', 513 <_lrders, unfilled, end of month_ .. _ 10 10 ..190 2, 71;~ -· ''u 4, 3~3 4, 700 5, \Js;, o, \171 s, 202 s, G07 9, (j,j6 7, 5()2 "· 043 10, C\.\3 ;-.;hlpments______.do -1 Hi.mn n,.'"J:.?2 1~.z~~ u,3\H 17,S2il I:-.;,3s7 22,019 31,.1-U 41. 490 40, 5~0 24,1\J\l 111, .13.) 10. 20:l Stocks, end of month.______ Pitcher, other hand, and windmill pnr':}~its __ l: 41. 5G4 38,,1\0 37,977 33, ~:Jr, :35. 2\.j 41, 41~ I 38, 4~fi I 38,409 33,637 :J~,G:H 30, 134 20, ~13 ·11. 332 Power pumps, horizontal type ______do____ 849 fiG2 l. 214 82\l ~04 92S 8o3 247 90.5 874 901l 909 887 \Vater systems, includingpumps ______do. ___ lG,io:~ 14,718 lG,U!/0 1 20,971 ~2,UU~) 2),415 )9,113 1 21,503 18,557 18,688 15, 477 11, 511 19, 6GG Pumps, steam, power, eentrifugal, nnd rotary: 1 Orders,new ______thous. of dol.. 4,482 l,U7 1,437 i 1,178 1,809 1,963 I 2,43i 1 2,556 2,878 2,952 3,025 4, 042 ' 5, 648 'Revised. ,Data for May, July, and October 19·!0 and January 1011 are for 5 weeke; other '!1onths, 4 weeks. t Reports indefinitely suspended. t Revised series. Data on air-conditioning equipment compiled on a reYised basis beginning Jan nary 1939; seep. 50 of the Septemher 1940 Survey. Index of total foundry equipment net new orders beginning Janrmry 1940 is based on m·era~e sales to metal-working industries during 1937-39; earlier data ate based on the old new orders index (1Q22- 24 ba~e) converted to thP new haf:e hy dividing hy 1.328: index for new equipment and repairs U\'Uilable only beginning ~1ay 1940. §Data revised for 1939; see table 15, p. 18 of this issue. ;This series has heen discontinued by the reporting agency. April 1!1-fl SCHSEY OF ClTRHENT BUSINESS 51 Monthly ~tatistics through December 1939, to- ·1' l9H gether with explanatory notes and references --I to the sources of the data, may be found in the I Febru- 1940 Supplement to the Survey ary -~------·-- METAI>S AND MANUFACTURES--Continued ---c------•;u;CTRICAL EQUIPlUENT ---~------~------~~------~ Battery shipments (automotive replacement 1 only): I I I Unadjusted ______1934-36=100.. 101 55 1)7 i:l I 91 I 130 186 207 208 198 160 102 159 90 123 132 133 135 139 133 123 142 142 128 D~~1-~f~t~~~ri1ii-ar1ces:sai0stit!e ------,-~-0-0_D__ P_U_I_,_p ______~------.-----~----,,----- Consumption and shipments: • § Total, all grades ______.short tons fJ62,100 082,000 717, :JOO 775,400 749,000 744,600 751,000 693, :;oo 764,1500 747,000 736,700 780,300 Chemical: 271,500 279,000 2S7, HOO :320,300 315,700 311, 600 318,700 301,800 343,300 331,800 322,600 341,400 23:l, 500 239,100 245,900 27n, :~oo 265,800 261,800 270,000 2.52, 700 288 800 281, 200 273,400 287,200 1\!11. 900 20-l, IOU 222, 4(~1 2\l!, uoo 221, 800 230,700 225,400 209,900 211), ooo 2Hi, 600 214,200 223, 100 ::~§1~~~~~!~~~:~ :~ :~: ~:~: ~ ~ ~: ~jf: ~ J: :::::::: l29, 000 127,000 14-1, .500 145. 100 140,900 145,100 139,900 129, GOO 128, ROO 130, 100 l2~. :lOO 131,600 Sot !a ______.do 42, 900 :3~. 600 411, \KlO 41, 80() fiO. iJ(IO "17, 901) -15, lOll 42,200 :lfi. uoo 42. fJOO 37,900 44,7110 4fl. soo Ground wood. ______do ___ , ______1ii2, 200 !iii, -lOU 165, 100 l7:l,HOO 10:1. 500 157,100 164, 700 144,600 16S, 700 !GO, 60 l 1.55, 3011 16U, 000 Exports,total,allgradcs*- ______do ___ ,' 24,870 27, 333 :10. o~4 37,417 57, 92:l 40,864 64, 702 GO, 379 32, 256 39, 3.59 28,693 36, 627 2:), 501 Imports, total, all grades* do 1 69, 821 lfl~,827 'i3, 915 10\J, 986 81,315 93,3.58 86,426 83,610 {15, 55-i 68, 112 70,519 70,686 72,493 Chemical: Sulphate, total* ___ _ _do. J:J,65\J 47,197 21,030 30,856 11,815 17,817 11, 385 17, 920 11, 2.)3 10,869 12, 521 14,438 15,671 Unbleaehed* ___ .... ______do ____ , 8, 001 38, 750 13, 411B 2-1,889 fi, 609 13, o:.s 5, 546 12,036 7, 062 6, 515 7, 872 8, 414 10, 465 _____ do ___ SulphitP, total* ____ _ J 45,504 96,109 44,173 fl5, o:J5 50, 04G 53, 349 54, 882 .)5, 318 40,188 43,509 I 46, 423 H,520 45, 907 BleachPd* _ 28, 227 :l:l, 610 22.836 :l-l, OGS 20,822 30,29-1 27, 662 31,376 21, 247 25, 112 27,390 23, ii03 25,859 Unbleached* .. __ _ :::::~g:::·! 17, a27 62, 411!1 21, 3:36 ' 30, 9G7 2:3,22:3 23, 05fl 27,220 23, 942 18,1141 18,397 I 19,021 20,917 20,048 GrotlTHlwood,_ . ____ do ___ 9, 495 H, 72:l 7, f}l)-1 J:l, 403 18, "1-10 21, 13S 19, 218 U, 557 13, 187 12.903 . 10, 745 11, 030 10, 199 Production:§ 1 Total, all grades ___ do liGl,-W-1 r;~w. 1no 72(), 17.1 i":7, 043 74 t, IJ77 718. s3a i ifil, 751 fi))H. 5D5 774.512 n1,w:l ROo, -JJO (')wmieal: ~ulphate. total______do_ '27'2. 7:~o 271.(, Oil2 2'"1. U21 32L !122 at1.o~n 100. 31x :H6,3-Itl 329, 792 325. 331 :J5·l, 471 UJJilll'tWhi..'d .... r H.eYis<·~· P Preliminary. •Domestic pulp used in Jlroducing 1nil1s and shipments to markd. t:-;hn~nt m l~lO 8upplem~nt and all earlier i,;;.-;ues as A. C. lllotors. 1Data re\'i;;cd f(/r 19:3\J; SPl' table 15, p. 18 of til is i~;;;tw. . tHev1sccl scnPs. For fl'Vlsc•d data on ''total paper" and ''llaper, excluding newsprillt and Jl<1IJCrhoard" beginniug 1934, see table 43, J)p. 12 and 13 of the Non:rr1her 1940 lSSUC. *New srrirs. Data twg:inning 1913 for wood pulp are shown on p. 13 of the October 1940 issue. For data beginning 1!J31 on unit sales of electric ranges, sec table ,o2, p. 18 of tho November 19·t0 issue; the note with regard to the coverage of the industry has been revL.;eLl to read: 'rhe Association believes the coverage for l93f3-4_0 was bt>tvvcpn UO and U5 P~~rcent. No data are available for coverage prior to 1936. Earlier monthly data for the indexes of domc;-;tic appliances excluding refrigt>rators will be shown in a sub· sequent 1ssue. §Hedsed H.l:39 and January 1~140 data :md ai1 Bxplanation of the abov(l revisions in the H).tO data willlw :-;hO'i-vn in a subsequent is:-:::ue. 52 SURVEY OF CURRENT BUSINESS Monthly statistics through December 1939, to-,1941 1940 1941 gether with explanatory notes and references ---I--~------to the sources of the data, may be found in the Febru- Febru- I March I April 1 ).hy I June I July I August I Sep- IOctober I Novem-1 Decem- .Tanu- 1940 Supplement to the Survey I ar, ary 1 ' 1 · " ' I 1 ' tember ber ber ar~ 1 PAPER AXD PRINTING-Continued PAPER-Continued I Book paper: a" i Coated paper: I I I Orders, new-~------______short tons __ 70, 107 15,105 : H, 59-l I 9, 231 21. 195 , 20. 359 , 15,321 14,896 13,520 18,3341 15, 990 111, ~H)8 20. 546 Orders, unfilled, end ofmonth. ______do ___ _ S, .\32 4.084 ' 3. 975 6, 624 7, 8071 8, GIS 5, 561 4, 852 4, 845 5, 264 tJ, 174 6. 772 Production______do ___ _ 1~. 9-19 14. U25 H, 101 17. 5f>O 20,928 19,717 19,487 17, 333 13.672 16,045 17, 72G 19,636 ~~: ~~~ II Percent of standard capacity -_ 1a. 4 55.-~ s:; 3 c.-1 6 1 69.7 59.7 57. 5 62.5 58.0 (i[I.\J H7. 6 Shipments ______short tons 72. 1 74.0 I 1 IV, 2~11 15, ()()j 15. 479116. G\!3 20, 107 : 20, t195 19,615 17,038 13,570 19,431 16,424 1.). H67 IV, 943 Stocks, end of month______do __ -I II, G22 15, 966 13, 949 15. 07G 16, 110 I 15.089 14,927 15,331 15,024 14, 15s I 13,633 1.). 326 H, 971 Uncoated paper: I 1 85 54() \l,, 7,3 1on. 471 123. 379 II 10, 300 90,251 9<1, 183 89,059 101, 6GO I 97, 667 98. 67U 117, 435 8~~~~~: ~~fiiJC'.i; ~il.i 01 ;nc,;;t!;-::::: 3~ : : ~t ~~~ 41: 760 41.8041 48.031 61. 758 66. 165 . 54, 432 46,206 43, 337 41, 334 45, 775 4~. ij.j,j 5.\ ill Price, wholesale, "B" grade, English finish, I I white, f. o. b. milL ______dol. per 100 lb._ 6. 30 5. 95 s. 95 I s. 95 5 95 1 5. 95 1 6. 23 6. 30 6. 30 6 fi. 30 Production. ______short tons __ 10-1,071 100, 090 98, 186 101. -!22 11.5, 3iil I 109,905 I 106.715 !06, 091 89.512 !06~4~g II, 99~2~g 96 )~~: 107, 721 Percent of standard capacity_._.------~1 86. 8 b:J.l iB. (i ! 82. H 8s. 5 ! 91. 7 1 84. I 78.8 77.8 80. 9 77. :J 78~~ 81.0 Shipments. ______short tons._ 107, 359 90, 40:J 90, 065 I 100, GSi 109. 723 114. 727 106. 572 !03, 839 91,937 103, 493 I 95, 074 96. 378 1 1 I Stocks, end of month ______do____ Gl, 373 59. S7G 58. 4S3 j 58, 375 62, 972 . 59. 511 GO. 42-1 63, 505 59, G86 G3, 1521 68, 55.\ 66, .i7 4 ;;n~i Fine paper: t . Orders, new ______O:o _1-- 35, 977 38, !50 48, 209 52,921 49.831 36,180 34,687 35. 130 41,643 42,808 40.:JOV 4\1, -1-!8 15,620 1.1, 697 20, f>ll 26, 224 30. 335 24, 388 18.817 17.893 HJ,534 18,691) 17,751 21, :lOii ~~~d~s~t~':,fill_c_d~~~-~-~~~~~-tl~~~::::· ~1~ :::i :J\), 959 39. 756 42. 2fi0 46, Of>5 43. 489 42, 8\!9 43.418 37, 399 '14, 751 i 42, 997 t 42.01 i -!.1. 157 Shipments ______------_____ (lo ___ _!- 37. 807 39. 095 41. 45.5 47, 504 45, 770 4:3,086 41' 412 36,373 43,4481 42.375 '-11. 071< ·Hi, 5()9 Stocks, end of month ______do___ --.- 64, 988 ().t, 730 64. 913 63, 797 61,901 62,29-1 63, 100 64, 093 6-1, 936 67 178 (;1), 77\J Wrapping paper: t I oo. 750 Orders, new ______do __ 131,901 140.035 205. -323 197,542 16-3, 646 152.619 144. 649 133,381 165, 209 i 158, !56 J.i6, 576 177, 007 Orders, unfilled, end of month ______do __ _ 6.1. 994 62 . .sso lll.IJ2G 120, 953 115, 997 102. 149 81,622 73, 354 7G, 590 I 77, 9G7 ~t 749 3~l, 722 Production ______. C'kn:goa;ts ______do _ 1- -- 187, 990 205, 65.\ 263, 88-1 301.209 320, 655 3!8, 841 301, 654 301. 293 275, 822 i 276, 586 ~ 21i:J. -l.iO '211,022 Production ______do ___ I 2!fi,G07 231, 823 2SJ,279 1 268,\1-17 323. 563 3!5, 31:3 332, G89 316, 607 282,322 309, 9571282, 344 ' 252. -'97 i 261, 2\JS Shipments from mills ______. ______.do ____ 1 2~9, 742 ' 2-13, :l94 211, 322 2%, 304 'I 267, n4 33-1,441 338, 446 337, 508 332, 234 284, 133 287,943 286, no I' 21n . .j.i7 Stocks, at mills, end ofmonth ______do _____ l.b, l.J, 19fi, 762 212, 737 214, 550 203, 672 180, 5G9 175,750 !60, 123 158,312 180,326 175,931 I Ll2. :m 170, 275 United State.s: . 6', 1 219 Consun:ptwn by pubhshers ______do ____ 1l •3 • 216,095 251. zr.g I 2-14. 181 257, .~115 241, 639 206,913 213,105 238. 176 261. 028 ' 251, 457 . 251i, 031i 22~1. i!J!J 181,344 176, 887 22-1. 401 262,983 254. 920 261, 727 258,055 239,679 229.561 1 257, ozo : 217, 0n 1U2. 240 0 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50. 00 I 50. 00 I 50. uu cu. 00 ~!~l~~l~~ Coated abrasive paper and cloth: 1 I I 86, 712 95, aoz I 91,707 95, 478 84,253 82, 324 98,135 10!, 125 Ill, 106 1101, 925 ' 90, ()j(l P:~~f~~~dssiiirvini l:i0xes: ··------.reams __ , (') Shipments, totaL ______mil. of sq. ft __ 2, 403 2. 524 ! 2, 618 2, 999 i (2) (2) (2) (2) (2) ! (') Corrugated. ______. _do ___ _ (') 2, 266 2. 467 2, 821 (2) (') (2) (') (2) (2) Solid fiber ______do ___ (2) 2, 380 i 137 l.J.J I !51 178 (2_) (2) (2) (2) (') I (') 1 PRINTING i I, 023 I, 379~ 9.13 746 949 717 921 722 9881 1,027 ' 1, 122 568 __-_-_-_-_-_- o: 1 B~!J'%~~~~t~~n_'_~~~al ----~o~ -~dit.\~ns:: ~i~ 805 I, 12fl I 807 65.) 812 608 74.5 651 822 I 916 t!8U 508 169 218 146 91 137 109 176 71 166 I m 233 60 c,;:,~~~~~;i~~;m stationery;r;.;,<: orders--do .. --r 253 1 thous. of sets _ 192. 228 1 171, 273 129,162 128, 245 137, 820 l.J2, 7~g ' 163, 4~~ 139,161 137, 202 162,347 170,8281157,47-1 183, 392 Operations (productive activity) ___ .1923= 100 __ (') 86 SO I 78 79 (1) i (<) (<) (') (I) (1) Sales books, new orders ______thous. of books__ 18,328 17,481 1 !.\, 910 17,399 17,387 I 1s. 537 1 17,999 !8, 203 18, 740 ! 16, 940 18, 559 i 17, 405 HI. 947 i Rl.TBBER AND PRODUCTS CRUDE AND SCRAP RUBBER Crude rubber: I Consumption, totaL ______long tons__ G1,016 49,832 i .50, 192 II so. 103 1 51. 619 IO.J, 225 For tires and tubes (quarterly) ______do .. __ llO, 234 . -- ---1 ,t,m i ,:::i?l'llw:m I 1 I """' ":""I"'" Imports, total, including latext. _____ .do ____ , 73, 97:3 w.~• 86, 833 ·43;oss-i 59,2571 10: ;gg 51: Price, smoked sheets (N. Y.) _____ dol. per lb.. . 204 .188 I .185 I in ~-~~m. 222 . 211 ~m. 196 ~m~~-. 193 . 203 ~~~~~. 216 2llS .!99 Shipments, world§ ______long tons __ _ 113,863 112, 221 87,482 123,047 110, 348 127, 313 120,857 133, 784 126, 228 99, 254 127. 1S9 126. 908 Stocks, world, end of month ______do__ __ (') 4:10,000 444,000 465,000 471,000 501,000 .\48,000 584,000 630,000 (2) (2) (2) (2) Afloat, totaJ.. ______do ______193,000 21!, 000 188, 000 210, 000 235, 000 250, 000 255, 000 265, 000 265, 000 250, 000 250, 000 ' ~0.\000 For United States ______do ____ 13fi,9b5 1 112, 257 113,619 102, 557 109, 364 119, 138 139,629 141,286 137,0331166,837 1.'8. ogs r 145. 9.5o · 1.53, W9 London and Liverpoo!______do____ (') 16,000 18,000 22,000 21,000 19. 500 26. 500 36,000 .10. 000 (') (2) I (2) ('J 86 223 72. 054 92, 89.5 78, 48.5 78,029 80,600 80,375 73,799 7.5, 877 77,471 75,560 Rec~~~g r~fii~r----_-:::::::::::: ::::::3~ ::: ~- 353; 733· m:352 142,462 IG2, 494 161, 48.1 168, 245 190, 608 1 213,002 241, 358 259, 140 276, 943 318. <~fl 3-10, 857 15,370 15,931 16, 298,15, 719 15,844 14, 2981 14, 179 14, 589 116, 528 16,042 ' 17. 109 18,636 ~~~~;;l[;,~o~:::::::::::::::::::: : :::~~::::1 n: ;~~ 1.7, 992 17, 234 16,568 17,552 16,631 14,342 17,213 Hl, 428 19,358 17,689 IV, 297 20.413 Stocks, end of month ______do .... l 37, 104 28,602 28,488 3.5. 344 Scrap rubber consumption ______do ____ l______i 43,037 -- ~7 ~ 5~~-' -- ~~: 3:7 ~u;r ~~~~~8-~--~=~s~~- ~g:m :_ ~2~1~8- --~~~~~3_~_a4, 101 • Revised. ' Discontinued by reporting source. 2 Reports indefinitely susper•.ded. tRevised series. For revised data for fine and wrapping rapers beginning 193-1, see table 4:3, P!•· 12 and 13, of the November 1940 Survey. iFor monthly data for 1913 to 19:ls corresponding to the monthlv averages on p. 148 of the JO.Jrl Supplcm<•nt, sec table 28, p. 18, of the ~ay 1940 Survev; for re,·is<'d data for 1939, see table 15, p. 18 of this issue. ' · - d'In rec~nt m~nths the number of companies reporting has fluctuated to such an extent that tonnage figures are not comparable from month to month. §Begmmng wtth the January 1941 Survey, data for world shipments of crude rubber are Iron the Statistical Bulletin o( the International Rubber Regulations Committee; earlier data from this source have been in close agreement with data compiled by the Bureau of F·)reign and Domestic Commerce, shown in previous issues of the Sun·ey. April Jn41 SURVEY OF CURRENT BUSINESS 53 Monthly statistics through December 1939, to-~1941 1940 1941 gether with explanatory notes and references ---I I to the sources of the data, may be found in the Febru- Febru-1 March April May June August I Sep- I October I Decem- Janu- 1940 Supplement to the Survey ary ary July-~ tern ber ~ovem-1ber bPr ary I I I I ------RUBBER AND PRODUCTS-Continued TIRES AND TUBES Pneumatic casings: Production ______thousands __ 5,165 4,888 5, 007 5,106 5,415 5,148 4,675 4, 704 4,495 5, 082 4,838 4, 999 5,472 Shipments, totaL ______do ____ 4, 910 4, 112 4, 346 5, 010 5, 720 6, 927 4, 284 4, 245 4, 572 5, 561 5, 137 4,972 4,847 Original equipment______do ____ 2, 547 1, 974 2, 0.50 2, 095 1, 999 1, 925 858 705 1, 465 2, 322 2,438 2,626 2, 293 Replacement equipment______do ____ 2, 210 2, 037 2, 203 2, 827 3,626 4, 905 3, 316 3,425 3, 001 3, 081 2, 569 2, 227 2,426 Exports ______do ____ 15:J 101 93 87 96 96 110 115 106 158 130 118 128 Stocks, end of month ______do ____ 10, 072 10, 124 10,747 10,881 10, 576 8,881 9, 299 9, 732 9,890 9,448 9,118 9,179 9, 797 Inner tubes: Production. ______do .. __ 4, 993 '4, 184 4, 400 4, 618 4, 739 4, 359 4, 028 4, 327 4,115 4, 557 4, Ill 4, 665 5,168 Shipments, totaL ______do ____ 4, 713 r 3, 788 4,114 4, 543 4, 739 5, 721 3, 797 3, 615 3, 991 4,878 4, 692 4,646 4, 527 Exports ____ ------______do ____ 102 71 60 57 78 74 89 96 84 124 106 87 96 Stocks, end of month ______do ____ 8,004 '7, 886 8,183 8, 258 8,243 6,841 7, 094 7,802 7, 950 7,647 7, 055 7,014 7, 733 Raw material consumed: Crude rubber. (See Crude rubber.) Fabrics (quarterly) ______thous. oflb __ ------71,957 ------70,972 ------66,849 ------RUBBER AND CANVAS FOOTWEAR Production, totaL ______thous. of pairs __ 5, 543 5, 062 4,869 5,128 5, 075 4, 528 3, 323 4, 583 4, 046 5,105 5, 146 5,369 5, 939 Shipments. total. ______do ____ 5,166 4, 761 4, 532 3, 902 3,862 3, 737 4, 567 5,808 6, 200 5, 971 6,633 6,118 6, 614 Stocks, total, end ofmonth ______do ____ 10,754 15,319 15,656 16,881 18,095 18,886 17,641 16,386 14,232 13,365 II, 878 11, 129 10,377 STONE, CLAY, AND GLASS PRODUCTS PORTLAND CEMENT Production ____ . ___ . ______thous. of bbL 8,368 5, 041 7,9181 10,043 12,633 12,490 12, 290 12, 712 13, 105 13.935 12, 7251 11,1951 9,025 Percent of capacity ______------43.5 24.8 36.3 47.5 58.0 58.9 56.0 57.8 61.8 63.7 60.1 51.2 42.4 Shipments ______thous. of bbL 7, 472 4, 907 7, 716 10,829 13,206 13, 223 13,442 14,018 14, 741 15,776 10, 372 8,192 7, 986 Stocks, finished, end of month ______dO----j 25,316 25,894 26, 118 25, 348 24,758 24,010 22,855 21,549 19,921 18,008 20, 353 23,381 24,420 Stocks, clinker, end of month ______do ____ 5, 566 6, 304 6,487 6,606 6, 071 5, 907 5, 559 5, 158 4,829 4,470 4, 558 r4, 886 '5,092 CLAY PRODUCTS I Common brick: Price, wholesale, composite, f. o. b. plant dol. per thous __ 12.242 12.126 12.124 12.132 12.164 12.116 12.101 12.094 12.121 12. 147 12. 148 12.195 12. 201 Shipments ______thous. of brick __ 84,238 120,174 176, 786 197, 021 186,472 193,479 187, 648 182, 785 213,800 162,829 144,327 Stocks, end of month ______do ______482,690 449,425 408, 147 392,975 397,336 402, 159 422,005 436, 436 445,304 468,962 478,411 Face brick: Shipments ______do ____ 23,373 36, 592 52,495 66,190 61,195 62, 330 64,490 60,977 70,864 47,0.56 40,5.59 Stocks, end of month ______do ____ 281,311 279,900 273,526 262,463 253,326 250, 730 248, 53! 250,617 242, 100 251,593 26.5, 825 Floor and wall tile shipments: Quantity ______thom. of sq. ft__ --- 3, 658 4, 781 5, 428 5, 719 5, 003 5, 846 6, .549 5, 674 5, 864 5,183 4, i24 4•• 565 Yalue ______thous. of doL. 945 I, !65 1, 341 1, 399 1, 255 1, 452 1, 641 I, 445 1, 469 I, 343 1, 24\J 1. 195 Hollow huilding tile: ShipmPnts ______short tons __ 49,606 60,993 79,089 86,062 84,339 89,810 94, 442 85, 767 90,359 64,313 .58, 5fi5 8toeks, end of month______do ____ 355, 041 351, 726 361,660 361, fl48 3Gl, 759 357, 266 357, 421 382,066 382,092 391,531 407,618 \'itrified paving brick: Shipments ___ .. ______thous. of brick __ ---- 2, 096 2, 525 2,897 5, 153 .5, 081 6,148 8, 383 7, 094 7, 365 5, 769 2, 516 Stocks, end of month. ------___ do 42,159 42,953 4:!, 914 43, 627 44, 049 43, 383 37,425 34, 738 . 34,510 32,031 30,288 GLASS PRODUCTS Glass containers: Production ______thous. of gross __ 4, 3()8 4,123 4, 606 4, .584 4, 701 4,429 4, 780 5, 070 4, 289 4, 864 4, 352 4, 203 4, .114 PPrc~nt of capacity ______70.8 64.3 69.1 68.8 70.5 69.1 71. 7 73.3 69.7 70.3 67.9 65.6 65.0 Shipments, totaL ______tbous. of gross. 4, 273 r 3, sa.~ 4, 229 4, 339 4, 763 5, 230 4, 532 4, 653 4, 565 4, 816 4, 078 3, 532 4,178 Narrow neck, food* ______do ___ 205 179 199 211 248 281 315 • 657 820 423 170 138 189 Wide mouth, food* ______do ____ 909 791 872 883 955 932 9-53 I, 016 879 950 808 686 961 Pressed food ware*. ______do ____ 37 45 37 37 41 31 28 34 32 40 31 33 41 Pressure and non-pressure*. ______do ____ 27.1) 205 356 510 637 640 466 304 145 106 126 189 224 Beer bottles• ______do l(jj' 143 206 295 397 781 358 186 91 105 102 154 140 LiQuor ware*_ ~~~~~~~=~==~------do ____ (ij(j ()46 689 637 617 842 624 456 726 1, 028 I, 137 803 589 Medicine and toilet• ______do ____ 1, 433 I, :lGS 1, 360 1, 254 1, 269 I, 131 1,129 I, :J63 1, 284 I, 608 1, 230 I 1. 041 I, 468 General purpose* ______do ____ 3til 274 319 306 317 273 285 304 313 323 258 2()9 337 J\lilk bottles* ___ . ______do ____ 199 108 170 171 200 200 207 208 208 201 1!!7 198 200 Fruit jars and jelly glasses• ______do ____ 8 2 6 18 .59 102 149 106 49 14 5 3 9 Stocks, en r Revised. •New series. Data for glass containers beginning January !934 are shown in table 49, pp. 16 and 17, of the November 1940 issue; earlier data on glassware other than con tainers are shown in table 2, p. 17, of the January 1941 Survey. 54 SURVEY OF CURRENT BUSINESS .\pril 1941 Monthly statistics through December 1939, to 1940 gether with explanatory notes and references 1!)41 I 11941 to the sources of the data, may be found in the .Febru I Febru- March · \pril :\lay June i July . August ~~ Sep- I October INovem-1 Decem-~ J anu- 1940 Supplement to the Survey ary ary I I tember I ber ber ary 1 i ' I TEXTILE PHODUCTS CLOTHING I Hosiery: I ll, c;;,s 11, 3:1-± 11, on; 10, GiU 10. f.fiO 9, 711 9, 418 11, 174 13, 58G 12, 579 11, 2'/rl _of_ dozen 11, 747 r~wg~~~~~~----__ :::::::: tho~_s: -~~rs :I 11,.073 11 4'1') 11, 4f!5 10, !:l3 IO,lOS s. 835 9,244 12, 3~1f} 14, 10\J 12, g;,; 11, .o:JG !1, 822 Stocks, end of month ______cJo_- -- i 24, 41~: 25: oUS 24, 5g3 25, Oil 25, 5uG 20, 381 26,701 25,621 23, 879 2:), G:!G 23, .>Jl 24, 435 COTTON ! Consumption ______bales_ l 7!1~">. n~n fJ{)l, 771 6:-:i, 194 023. O~l~ .S():i, 41ti 654, 503 770, 702 744,088 77.1, 472 o'4:l.274 Exports (rxclwling linters)~ ___ ------.do.-- . 1 uo, :.~~~ HG. Gbll 4;13, S42 344, CO~I 1~n ..o30 64, 743 1\/4, 2:)1 144, 710 107, ;)/5 52, 184 Imports (excluoing linters)§______do ... H, 210 3G,firl !J, fJ()4 11, 0\HI 1:2, :i/4 10, !0:l L), tl2() 12,026 5, ~10/) . 9, ()24 1 Prices n•c('iw•d by ft'lrillt'rs ______dol. per lb_ 1 ,()\q .Hill . 100 .lfll\ . (l~l;i • O\J2 . 094 • 09-1 '093 -095 Price, wholusale, middling (New York) __ do ____ , . 107 . lll . 1 ()~) .IUV . 107 . 098 .096 , IOU . 102 . 104 Production: I Oimlinrrs (running bn1C's)• ____ tho us. of ha1rs ___ _ ll 11, 41'31 32 60ti 9, 084 10,870 !1. 433 11, 931 Crop estimatl', c qui,. n I en t .oOO-Ib. ball•s · thous. of hales __ 1 11, ~hi 2 12, 6~() Stocks, domestic cotton in the l:nitcd Statl'S, totaL___ . ______lhous. of bnlt•s 17, .1:;~ 1:::. nn: 12, \!40 12, (J~I! 11, ~QO lO,GJ\.l 2~, ~!G 20, R42 1r. sc,s },'..,, ~12 t 1'. 11:l3 On farms and in transit______do 1,.3•)1 \L"'2 ~:.!1 ;;:J ,:1,) (;2() 1 ... ,.!.11 !'!, 719 :-:;, 4:-\c-; ~. l:)j 1, 5~3 \Yarehcusi.'S. ______do_ 11.00\1 11. >:;s 10. ()\)\} w. (~.:~s V.Mfl fl,(),~<,(i \),(1:-,P) 13, 82!1 14, f.fi/ 1.\01-l I 14. r,afi Mills.. ______do 1,K!; 1. 547 1, 4:2() 1 ], 2(i3 1, lfl:.? ~lJ ;) (.~() 1, 207 . 1. G:23 1, 770 : 1..'··14 COTTON MANUI<'AC'I'URES Cotton eloth: Exportc§ ______thons. of sq. yd I :{:~: ' ~ ;;-) : 3:l. :)4, ~fl.l 34. \14~1 zs. ·t7n 24, fi2i 2(), 2kS 2"1. ·109 24,413 ~0, flf,4 27, -;-:{ f ;";.t. (1-!4 Imports§______do --1 V, '1\ll u, 4, bOo 5. ~l:J (), ti()~ 6. 32!1 4, 7!i7 ;\ 21() (i, UlV II, 420 7, ;;,'-,1 i, (rfl{l Prie<•s, whol('sale: I l'vfill margins ______cc·nts per lh 1:..!.:!.") II. 40 11.00 II. 2:; 12. 2fi 13.31 J.!. 24 H. ,·.o H.\14 Print doth, ()4 X 6(L ______dol. rwr yd I . o:Jl . O.iO , IJ·1i -048 ,llfi(J . (!;,2 .0:').1 . o:,.J . n:1.1 f'hPl'ting, unh!Pachcd, 4 x 4 ______do __ -~ • Ct>~ . ll.~·v . o;.s . Q[,>j . O.J~ . OG2 • 0().) ,!Hill i . Olli Finished cotton cloth: Production: Hlracheci, plain ______thous. ofyd -I 129, 1;-J 127, tll·1 l~G. 9f\S lOH, 2/S 120, 70\J 129, 2t,Q 1~2. 912 1.14. 479 Hil, o;9 },">;\ 770 ]1;4, 1.10 Dyed, colors.------··-do __ ··I 100, 707 Oi, !~!! &9. 20-! 7S, 4n8 92 I JG 102, 085 108, 029 12G, GlO 129. 878 lHI.r-"H 122. 05·1: Dyed. black______do_ - -1. !)Sl ·!. .. h ~. ~sn 4, 612 6: 491 fi, 78(-i 8, 238 6, 03;) .), lif'."- ft. 3~'? 1 ~· ~2; Prin tee!. ______.. ___ .do_ lOG, \Hli 10:1, 0G3 DS. 3:3t_i SO, ;44 88. 4~2 100, 752 lQ,, o4,, 110, G57 105,468 10~. >-')() 10;, G44 Spindle activity: Active spindles ______thousands_ 2:2, 70;1 2:?, bOl 22, f,.i;~ 22. 2:39 22,213 21, £l[1;j 21.919 22. 078 22, 278 22,457 22, 68G 22, 1)21 Active spindk hrs., totaL ______Inil. of hrs ~. 9:20 0, 2til j' !)'J() ;-, ~HI.) 8, (),'),) G, \lliO 7, MS 7, 872 i, 867 9, 2/G s. o14 n, 901 A n•rage per spindle in place ______lwurs ~~(ifl :m I :)1~ ;{:.;1 :324 2Sl :iO:'i 318 320 378 3fl2 404 Opcretions ______pet. of capacity_ 11.1. -1 ~;). 7 91. G 0:2.0 bU. 4 87.9 SG. 6 90.4 tlG. 7 103. 3 105. fl ll2. I Cotton yarn, \Yhole-sale prices: 22/1, cones (factory) ______doL prrlb . 27-! . 248 . 22S . 22:! . 219 • 227 . 227 . 227 . 257 • 2G7 '272 4.0/s, southern, single, carded, Boston __ do . :wo . 344 . 338 . 333 . 321 . 325 • 325 • 3:?5 35.:J . 377 . 404 RAYON AND SILK Hay on: Deliveries (consumption), yarn* ___ miL oflb_ 3l.li 29. s 29. s 31. I 32.2 31.4 32. 1 :H. 0 30.\1 36. 7 34. s 34. n • 34. 3 Imports) ______thous. oflb _ I, ;;4 2, U07 1, 279 1, 1,)()2 5;1 GG9 391 441 221 3SG 1, 57G 2. 4Gfi 1, GOO Prire, \Yholesale, viscose, 150 denier, first qualitv, minimum filament, • ___ doL per lb. . .o~lO . 530 . 530 . R30 . ;;3o . 5:lO . 530 • 530 . 530 ' o33fl • 530 .\30 . 530 St<>cks, yarn, end of mo.t ... ______miL of! b. 10.0 l:i.il 10. 4 11.; 12. 5 l2. s 11.1 9. 9 8. 3 ~9 ~7 ~3 89 Silk: Deliveries (consumption) ______bales ~s. Ill 22, 485 21. o8:i 21. 740 1s. u9; 17. 307 22, 7{)6 30, 189 28,828 39, Si7 3U. 371 28. 111 2:'1., 425 Imnorts, raw§ ______thous. of lb 2, 4:lu 2, 115 2, 213 2, -1D4 2. 925 2. 356 3, 827 4, /til 3, 70'J 6, 400 7, 219 4. 42\1 :~. 263 Price, wholesale, raw, Japanese, 13-15 (N.Y.) doL per lb__ 2. iiSV 3. OGI 2. 951 2. GSl 2. 791 ~. 724 2 ..5-10 2. 529 2. 561 2. 693 2. 585 2. 51)2 2. 560 Stocks, end of month: Total visible stocks ______--- _____ bales_ 214. S:lo 83. 30G 87. OSi 8.1. iRS 92,48,\ 90, 122 1 1 172, 25-1 1 184, ;97 19.1. 330 22ol. n" 22-1, 3o3 United States (warcbouses) .. ______do_ fA, 101i 50, 300 45. SSi 42, GUS 43, 2:-:.,5 41, 823 lUil 2U3~ 44, 454 48, 297 60, 330 ;2, 24-' G3. 43~l WOOf, Imports (unmanufacture statistics through December 1939, ---:-----.----.--1_9_4_0-.----.----,----,-----.---- Mo~thlygether with explanatory notes and referencesto-~1941 ---- I----,------1~1941- to the sources of the data, may be found in the Fehru- Febru-1 M h I A .1 I M I J 1 I I Sep- IOctober I Novem-1 Decem-~ Janu- _19~0~~ppl~Il1e':~o-th_e_s_u_rv_e>'______.__, __ . ."':>'_ ____ ary arc pn • ay nne July August tember ' ber ber ary 1 TEX'l'ILE PHODUCTS-Continued --·----·------~-~------,---· l'IUS(;t;LLANEOUS PRODUCTS • I I i I I I I Buttons, fn'sh-'\\'ater pearl: j I I Production ______. _____ pct.ofeapacity __ (1) as.s 50. 7 (1) (1) (1) l 34.9 41. (I I 40. 5 28. 8 30. 41 41. 61 (1) I Stock;:;, Plld of month. ______thous. of gross __ (I) (i, 4~1 I G, 4\JS 6, .5~{{) (i, 5~ I ~Zi,. 4:ll.?l , 6. 301 ll, 400 6, 490 (1) (1) (1) Fur, salt•s by drnil'rs ______tlwus. of doL I' :l, 054 4, 447 4, 237 I 3, 8l:l I 4, znJ 41 1 3, 377 4, 273 I 3, 734 1, 891 I g2\ll r 2, 709 '4, G6G Pyroxylin-c()ni.t'd tPxtiles (cotton fabrics): ()nkl s, nnfilkd, end uf mo_ .tho us. linear yd __ 1 4, H:l 2, llf; 1. 2, 8(10 3, 0121 3,694 3. SQG 2. 3()81 2, 2271 2. ().H) li 2. 2H I 2, R071 2, 49(1 I 3, 801 i P~To"Xylin sprrad __ tJwus. of lh ... j ti,O\J:l 4, 930 4, 769 4, 77'2. I 4, wz a. n:11 1 4, ·l:l.\ 5, 3fi6 c\, !28 .1. 851 I 5. 17() I 0· ~6~ 5, 993 Shiplll~'nts, biiiP THA~SPOUTATION EQUIPJ\lENT AIRPLANES ProtlU('t iou, domestic civil ::drcraft§ ___ number __ 2!lt l!lil 6G5 Rile\ wr;- Exports, ------_____ do .... 170 lVI 2U5 2~~[i 383 287 158 AUTOl\IORILES Exports: Canada: .AssPmhlcd, totaL __ number .. ~ • .17-1 4, 77(i 4. 782 7:)0 ·1, 2(>;) G. 2UO 8. 774 !l, R77 {!, (JOfi 8, 809 8, 4HJ 1:~. 2";""G ~~ 70() i>asscnp;er cars __ _ .... do l,(l:)fi 2. (ill 2, 797 413 1, :)2l 1, :38~ 3. ::2:) 1, ti;_iO 1, oun J:l2 \l3 lill li08 Unitt•d States: A:-;;.;t•mbh•d, totnl,_ __ do 17, ::!.~~ 20, 115 26, 4\)7 15, 7~!3 17, 1q~~ 14. (i\l\) 11, 21.:) G, 5:19 5, 7.i3 16, fi;;j l\1, \).j:l 18.1117 lri,ill2 Pn.c.;st·n~-~~r can;,_ __ {10 !i,\11:) ~~. 837 10, sn:l 8. 1M iJ, :-Hr; fl. 4\i:~ :t 7';;.7 2. :;:w 2, .5Dl 7, 071 \l.il'2;) 7. 1~2 7. 24f; Trueks~-- .... do liJ.:;ou w. :ms 1.5, {_);~4 7, ijOQ 7, ~/ij 8, 1,1f\ ·;, 500 4, 200 a. JG::! 9, 7&G 10, 418 10, 2:i5 '· uuli Finanein~: Hetnil purchnsers, tota.L ______thous. of doL. 110,371 H:l 4S:l !ti.1, 3fJ.l !70. 1[,) Inn. U22 )(:r,, 03·! 1nn, Dfl2 ICJ· )-,~~ 1.~2. OOH 1!10, 9!lG JJ7, IRii :\t•w ears______do no, au.1 ~:~: 0.'")-1 !)(), :!72 \IG, Dl:-\ ~i;\ o:3-, 92, 7-14 ;.;\ 7\J7 ,_,g, 4/;) sx, 575 0:{. :F)O RO, 7:39 rrsed cnrs ------______do 49, 4S7 59, S/G n~. ;~~G 7'2, \ISO 71, 241 72, (i2(\ !i3, 711 Gl, H:)3 ()'2, fJ2S 07, ()!)5 u;J,1no r; IH'l EI;.~t:;;;i~,7~~~~,;,;~:-:.:: :::::::::: ::::~~:::: ::::::::: ------~~ 7~ 1::::::: :=~:::::::::I 676;1' 1-_- -_-: -_-_:::. -_-_: : -_:__ __- -_- -_-: _:: ~~ 1:::::::: 1 Other• ...... do...... 61 38 ....•.... .•••••••...... 77 'Reviser!. 1 Comparable data not available. 'Temporarily discontinued by reporting source. §Designation changed from "commerciallieensed" or "cid! aircraft'' (1910 Supplement). tlndudes etraight. electric types o'l!y (trolley or third-rail and etnrage battery); data for 1939 and earlier years, publish~d in the SurYey, include some umts of only partial United States menurarture anrl. ore not comparoble with data here shown. ,Data revised for 1939. See table 14, p. 17 of this issue. •New series. Comparable data on total shipments are waHable only beginning January 1940. "Other" inrludes Diesel-electric, Diesel-mechanical, and gasoline or steam locomotives; data for 1939, the earliest available, are as follows: first quarter, 21; second, 20; third, 26; fourth, 52. These are largely industrial. 56 SURVEY OF CURllEXT BUSINESS .\pril 1941 Monthly statistics through December 1939, to-~1941 1940 1941 gether with explanatory notes and references ---I , 1 to the sources ofthe data, may be found in the Fcbru- Febru- I March I April I May I Janu June I July I August I Sep- IOctober I' Novem-1 Decem- 1940 Supplement to the Survey ~ ary ary - 1 ary 1 ~------t-ember her 1 ber TRANSPORTATION EQUIPM.ENT-Continued RAILWAY EQUIPMENT-Continued I (American Railway Car Institute) I ! Shipments:_ I Freight cars, totaL~---~--- __ ----- __ number __ 4,122 ii, 242 6,648 5, 900 3, 262 1, 588 1 1, 543 2,356 2,888 3, 704 4, 134 4, 62411' 5,272 Domestic ______------~- .do ___ _ 4, 057 5, 142 6, 548 5, 400 3, 061 1, 478 1, 543 2, 356 2, 836 3, 586 3, 981 4, 301 5, 256 Passenger cars, totaL-~-- ______.do ___ _ 2 14 4 1 6 5 28 12 10 10 8 54 0 Domestic. _____ ------.do ___ _ 2 14 4 1 6 5 0 12 10 10 8 54 0 (U.S. Bureau of Foreign and Domestic Commerce) Exports of locomotives, totaL_----~- .number __ 17 13 16 26 20 14 l4 16 13 19 11 4 I 12 Electric ______--- __ ---- ______--_--- -~--do .. __ 12 8 10 9 18 13 12 13 9 14 10 3 I 8 Steam ______do_ 5 6 17 2 1 2 3 4 5 1 4 INDUSTRIAL ELECTRIC TRUCKS AND TRACTORSt , I Shipments, totaL _____ --~ _____ - ___ -_ .number_ 132 147 135 128 134 141 165 180 Domestic ______-_---_ .do ______1191251 119 109198 137 121 120 124 134 157 174 Exports ______-~-----~ ______-- __ .do ______6 13 11 10 14 8 10 8 6 ~~~ [:::::::: CANADIAN STATISTICS Physical volume of business, adjusted:t Combined index .. _____ ------~-1935-39~ 100 __ 126.1 108.6 106.3 120.0 117.8 120.9 128.6 130, 1 129.0 120 0 1 129. 7 128. 3 130.5 Industrial production: Combined index .. ------~~------__ do ___ _ 138.3 IIi. 0 115.0 134.0 128,8 132. I , 131.9 143.9 148.6 146.4 146. 9 140. 6 145. I Construction ______------~--.do ___ _ 223.8 116, 4 IW. 5 179. 6 13!1. 9 157.4 i 130.2 IG9. 3 223.0 143.4 278.2 187.4 244. 3 Electric power __ --~-- ______- __ do ___ _ 115.7 109.4 109.0 112. i 12:1.0 127.4 119. 9 113. I 107. t) 125. I I 109.8 Ill. 2 116. i Manufacturing ______-~--~ ______do 134.0 120.0 u.s_ s 127, 9 12!!. il 128.6 133. 8 143.9 148. 6 146.4 146.9 142. 3 141.9 Forestry __ ~ ______do 121.3 lOll. 5 109,0 113. 0 137.3 120.8 136.0 134.4 132.2 124.7 123. 2 117. 2 II 126.2 Mining ____ ------______do_ 125.0 108.6 113, 4 146.4 120.5 137_ :J I 12fJ. 5 142.3 124.4 117. 1 128.0 123. 5 122.7 Distribution: Combined index. ______do 105.1 94. 0 91.5 95.9 9\1_ 0 99. ;J 102. 1 102.3 98.2 99,2 100.3 105. 4 107. I II Carloadings ____ -~ ___ -~-- ____ -_- __ do 118.8 108.8 Ufl. 0 110_ 7 117. 1 114. 9 ' 121L 8 120.0 107.2 108.8 114. 8 125. 1 123. 3 Exports (volume). ______do 148.2 107. 3 120.4 121.4 l-!2. 3 154.2 1 139.3 1o3.4 J:l5_ 5 119.3 132. 7 119.9 J:JO. 5 Imports (volume) ______do 152.7 125. 5 115. g 129. 5 125.8 124. tj 1 130.6 141.4 128. 3 148.8 13fl. 0 17L 6 1 171.0 Trade employment ______do ___ _ 107. 108.9 115. 8 2 107. 8 10\L 2 109.81 109.9 110. 6 ll2. 3 112. 8 112. 5 116. s 1 115. 3 Agricultural marketings, adjusted: 1926~100 __ 134.8 36. i 60.4 114. 7 131.6 101.8 60.3 52.8 82.0 116. 4 Combined index.------___ 91.71 113.81 Grain ______-----~-~- ______do ____ -- 148.0 29,2 53, 4 122.7 93.9 136.6 102.2 41.8 78.7 117. ,5 1 123. 7 52. o Livestock. ______do ____ ------75.6 70. I 91.7 79.0 81.-1 108.9 100.0 97.7 I 101.8 96.3 97.3 ! 83.8 Commodity prices: Cost of livingt ______.1935-39~ 100 108.2 103.8 104.6 104_ 6 104.9 104. \) I 105.6 105.9 106.4 107.0 107.8 108.0 ; 108.3 Wholesale prices ______. ______1926~ 10!l. 85.2 82.8 83.2 83. 1 82.1 SL il 82.4 82. i 83. I 83.3 84.0 84.2 ~4- 6 Employment (first of month, unadjusted): Combined index______do ___ _ 135.2 114.4 113. 5 ilL 9 114. 3 124.7 127. g 131.6 136.2 139.2 139. 1 134. 2 Construrtion and maintenance ___ do __ _ 82.5 58.1 55.4 59.6 68.4 1~8:~ I 105.0 114.3 121. 1 121.1 120. 5 105.9 83. 0 Manufacturing .. ___ do ___ _ 147.4 120. 5 122.6 123.4 125. 7 129.2 130. 3 134.4 138.4 143.8 144.6 144.7 142. 5 169. I HiS. 4 lG7. 1 1G4. 4 164. 5 166. i I 167. 2 168.1 170. 2 172.3 174.0 172. 6 167. 6 HS. 6 131.8 132_ fl 133.4 138, 2 149.2 155.4 157. 1 147.3 147. 8 149.5 142. 51 148.8 Trade_~;~~~~------~~~~======- ______~~~==== do __ __ 147. 0 136.4 I 134. 9 137.6 1:J8. 3 140. 7 142.8 141.4 142.9 146.8 148.9 !54. 4 1tl0. 8 Transportation ______------do----~ 89.4 83.3 1 83.0 82.8 88.8 90.3 93. 7 94.8 94. G 94.3 93.5 92 ..\ 8~. 7 Finance: I Bank debits ____ --~-- ______mil. of doL 2, .540 2, 955 1 2, 413 2, 938 3, 340 2, 682 ' 2, 623 2, 458 2, 571 3, 527 3, 049 3, 208 2. 941 Commercial failures ______number__ 105 105 i 111 98 100 91 I 99 86 66 79 I 92 95 79 Life-insurance sales, new paid for ordinaryt thous. of doL_ 31, 500 31,820 ~ 30, 265 32, 248 28,159 24,698 26, 156 31,210 32,899 33, i27 28, 326 Security issUC'S and prices: 31. 779 ~~- ~3~: I New bond issues, totalt ______do ___ _ 115. 271 llG, 577 9.\037 89,109 480,819 I ~<~.d) ..~ 1 83,162 84,668 404,627 108,975 108,576 330. 11\7 84, '23.5 Bond yieldst ______1935---39~100 I !J6.1 101.9'1 ltlL\J 1110.2 9u.s i 1ou 1 101.1 100.0 98.9 98.5 98.0 97.0 9fi. :j CommonstockpricesL------_do ____ _ ()f), 5 go_ z 1 90. :J 88.4 73. 3 ! 65. ,, I 66.1 69.3 75.8 74.2 74. 5 70. :) 71. 3 Foreign trade: 100, :lZ 83,46.1 84, 69:l I Exports. totaL ______tbous. of doL_ 5 72,314 i 110,764: 111,G22 101,4631 111,360 102,778 lOll, 791 118, 404 98, 711 88, 9.)3 Wheat ______thous. of bu__ ~. 460 6, 598 : 8, 628 5,082 23, 4Gu 13, .\70 I 11, 868 11,401 9, 500 9, 559 17,278 11, '/02 4, 880 Wheat flour ______~------tho us. of bbL. 559 1 716 520 723 I 509 I 314 576 551 750 683 34fl Imports. ____ thous. of doL_ 89,632 11.042 I 76, 734 85,980 100, 5:l7 I 90, iOco 96,836 86,287 108, 645 102,284 102, 302 98, 382 Railways: Carloadings ______thous. of cars __ 199 195 219 218 I 2371 240 1 256 252 281 259 231 229 Financial results: Opcrat1Lg re\enues ______thous of doL_ _ - 30. ooo I 30,145 29,9]() 34,630 3), 914 I :::::: ,1 37,409 37, 319 40, 504 38,869 40, 221 Operatmg expenses ______do ------25, 643 25, 51)9 30,402 30,240 29,463 28,573 26,964 28,602 Operatmg mcome ______do ___ _ 25.:2: I 3, 271 3, 077 G, 042 I 5,166 6, 248 10, 257 10,024 9,9H Operating results: 3. ~3~ I :1 ! 2. t51 I 2, .559 2, 785 2:: ~;: 2;: ~~: 3, 260 2, 987 3, 385 3, 547 3, 772 Revenue freight carried I mile.mil. of tons __ 1 3, 371 168 124 141 ' 180 219 Passengers carried I m1le ...... nul. of pass __ I_ 1341 248 190 172 158 278 Production: Electric power, central stations i ' miL of kw.-hr_~l 2, 407 2, 367 I 2, 426 2, 399 I, 579 2,615 2, 500 2, 400 2, 487 2, 52.5 2, 584 2. 635 2, 6721 I Pig iron ..... ~ ------~--thous. of long tons , 91 87 ! 92 84 I 93 96 89 105 110 110 103 Steel ingots and castings ______do ___ 173 140 I 157 153 I 174 ~~~ i 170 172 165 1091185 176 185 186 Wheat flour ______thous. of bbL ______I, 257 1, 283 I, 223 I, 291 ! 1, 636 1. 247 1 1, 34! : l, 170 i I, 873 1, 588 1, 076 1,177 1 'Revised. !Data on life-insurance sales revised beginning September 1936; for revisions see p. M of the Sept em her 1910 Sun·ey. For revisions of new bond issues for 1939 see p. 56 of the March 1941 SurveY. All Canadian index numhers to which this note is attached have been re\'ised to a 1935-39 base; earlier data for these series will be shown in a subsequent issue. Common stock price and bond yield indexes have been converted to the new base oy multiplying the old series by a constant. The production and distri bution indexes ha,·e been completely revised and no comparable data prior to January 1940 are amilahle at this time. January 1940 data for production and distribution indexes are as follows: Physical volun1e of business, combined index,ll3.8; industrial production, combined index, 123.8; construction, 94.9; electric power, 111.0; nlanufacturing, 130.2; forestry, 120.7; mining, 116.4; distribution, combined index:, 96.7: carloadings, 113.4; exports, volume, 132.4; imports, volume, 128.2; and trade employment, 107.0. tBeginning with Jnly 1940, data are reported by the Industrial Truck Statistical A.~Bociation and cover reports of 8 companies. They are approximately comparable with previous data which were compiled by the Bureau of the Census. USt:NESS STATISTICS Page Paa:e Deposits, , ___ ... BY ban!~----___ --~- 31 Newsprint ______------___ ------52 r·, -=~SSIFICATION, SECT1CNS Disputes, induslri;d_ _ __ _ 27 New York, employment, pay rolls, wages_ 27,28,30 Did--!ewl c:edsration pay1nent" fJnC rc;1es __ lo~1onthl.l busjoess statistics: Page 19,36 New York canal traffiC------38 Earnin~;s, fa<'tory, nverHg(' weekly and New York Stock Exchange ______35,36 Bu3iness indexes~·-·- _ ----~---- 19 hourly._ . _ 28, 29, 30 Cornmodity prices_ .. _... ______21 8irita ____ "j"------43 Construction and rea! estate ____ _ 22 Egg~. o.nJ chicke:1s. . 19.21,44 o, emp oyment ------27 Domestic trade. ______24 Eiectt-ic~--d e,.;·.ripmcnt _ _ _ _ .. _ _ _ 20, gp• and fat_•------· 39,40 Ecnployment conditions --a-rid 21,24,2R,28,29,51 Electric power proJuction, ~;:Jit.:!:'l, n~,·cnues_ _ 41 25 Paiotord"e:a~~~';.ip;nenii:manufa~turm;:_--::: sales ______::___ 40~g 30 Employment, estir:wted P.onr1gricuitut ttL___ 25 Fi::aaJ::~:}"orci&n trade =~ =~ ______=~ =====: ::. ______~~ == ==: _ Employment indeKes: Paper and pulp ____ 19, 20, 21, 22, 26, 28, 29, 51,52 37 Factory, by citles and States _ ___ 27 Transportation and communica- P!lllsenger-car sales index______24 F11ctory, by industries. .. ----·---- 25,26. 27 Pa88porta issued______38 tions ___ ------37 Nonmanuf·Jr:turing_ .. ___ ------27 Statistics on individual indus~ Pay rolls: ' ., tries: Employrnent. security upc·ratlons 27 Factory, by cities and State•----~::" ______28 Emigration and immig_rAtinn_ 38 Factory, by industries------27,28 Chemicals and allied products._ 39 Engineering constructicn. 22 Electric power and gas ______41 Nonmanufacturinll industries.----- __ _ 28 Foodstuff• and tobacco ___ . ___ _ 41 Exchfntge rates f~reif:,:n ___ _ .. ----- 32 Pennsylvania, employment, pay rolla, wiiiles- 27, Fuels and byproducts ______45 Expenditures. United Stutes Goverume11t __ 33 28,30 Leather and products ______Explosives._ .. __ . 39 Petroleum and product•------19, 46 Exports. ______. __ . __ . . ----- 37 Lumber and manufa<'tures. __ .. _ 47 p• - 20,21,26,27,28,29,33,46 Factory emp!oyment, ;)~lY rolls, wages ___ .. _ 25, Metals and manufactures: 1111ron. ------48 I ron and steeL______. 26. 27. 28, 29,30 Porcelain enameled products______49 48 Fi. 80 ~u. 48 1 '28. 52 2\1. 9S 30. 57 31.42 31. 11 31.96 31.90 Iron and steel aml their products, not in- I j eluding machinery ______._ .dollars __ I __ 27.1j5 2/.-17 27. 50 2S. lfi 2~. :)\) 31). 24 30. GO :JO. 97 31.01 32. 18 31. 49 Blast furnares, steel works, and rolling ! I 29.69 ! 2S. 88 '2S. 73 '2Y. 87 31. 53 :3\J. 75 32. ~5 :)2. y;) :J3. 04 33.43 34. 65 33. u